What is your proposed solution?  I keep seeing posts like this pop up, but the bottom line is, no one can do anything about it.  The value of a Bitcoin will be what the value of a Bitcoin will be.  If people demand it, price will go up.  If people fear, price will go down.

IMO, we just need to adopt to a mindset of a fluctuating price.  The fluctuation will lessen as Bitcoin becomes larger (look at the current rally vs 2011 rally, or penny stocks vs mature stocks), but there will always be more fluctuation in Bitcoin than there will be in national currency.  Look at gold vs the dollar.  The dollar goes down over time, but it is much more predictable and consistent than the value of gold.  Bitcoin will be similar to gold when it is mainstream adopted.

Yeah, they'll last a good long while in the dark.  The only paper you really do not want to print on for long-term storage is thermal paper.  Everything I've seen that has been printed by an inkjet or laser printer and not left in the light has been completely legible, and I would suspect will stay that way for at least an additional 20 years.

That'd be frustrating.  Waiting for $12k/day in profits to show up at your doorstep, with no firm date and the possibility that they'll be making a lot less by the time you actually get them.

This from the guy who has Bitcoins in the 6-digits worth USD in the 8-digits.

No problem. 

Look at other countries.  I'm sure you can find babies and mothers murdered by knives and clubs.

Guns allow old people in wheelchairs and young women to defend themselves against even the strongest of attackers.  Those people would be utterly helpless against someone with a knife in a country where guns are illegal.

Awesome!  I've wanted someone to create exactly this for quite some time now, not having the know-how or connections to do it myself.

I hope you can get these cards into drug/department stores on their gift card racks...!  Any plans to do so?

Their order numbers are false.  Every time you get to the bit-pay screen, it generates an order number, regardless of whether it has been paid for or not.  People can run up the number just for fun if they want.  Or, generate an invoice to see how much BTC they would have to pay.  Or, decide not to order at the last minute.  Etc, etc, etc.

Well, exactly.  I don't think accrual accounting is required for calculating taxation in most cases anyway (with a few mark-to-market exceptions), so anything not based directly on a USD transaction isn't going to be relevant to the IRS.  They don't care when you bought Bitcoin, and at what price, and if you sold it again later, and what price you bought back in at after that.  And if you buy BTC and spend it within the BTC world, I wouldn't expect an IRS audit to reveal anything.  It's the deposits they care about, because that's where they see it as "cashing out" your investment for a gain or loss, and the point at which those gains/losses become taxable.

I would expect to see changes to this in the future, where they'll want you to report gains/losses on digital currencies through some sort of mark-to-market scheme, but that'll probably be a long time in the future yet, and from what I know, this would absolutely not be required with today's tax code.

30,000 units is a large over-estimate, given that they've got 75 wafers @ 1,000 chips each and said that it would be way more than they need to fill current preorders.  30,000 CHIPS might be a reasonable estimate though (which would equate to around 4,000 single SCs).

They don't NEED preorders, either.  But why leave money on the table when you can spend a little on advertising to get more sales?

All sales are final = whatever you think it means.  They've been giving refunds to anyone who asks, but maybe that unspoken policy will change once they get the preorders caught up.  In other words, it could be a "once we ship, you can't ship it back to us for a refund" sort of policy.

On the downside, the state is overrun with democrats who think the government should rule our entire lives...  :\

Usually, they take a look at your bank account(s) and count every deposit into them as "income", then work backwards from there.  It is on you to prove what is deductible from that income by showing them how much you paid for the Bitcoins you just sold for $8k, or showing them how much you spent on electricity to mine them, etc.

IRS audits on individuals aren't usually about fraud - they're more about making sure you're paying all the taxes you actually owe.  Sometimes they can reveal true fraud, but most of the time, they just find a bunch of accidentally unreported income and fine you for it.

I disagree.  It just means that merchants need to work harder to explain refund policies and purchase prices.

"Though we accept payment in Bitcoins, the purchase price for our products or services is denominated in USD.  In the event of a refund, you will receive Bitcoins or USD equivalent to the purchase price denominated in USD."

OR

"Though we accept payment in USD, the purchase price for our products or services is denominated in Bitcoins. In the event of a refund, you will receive Bitcoins or USD equivalent to the purchase price denominated in Bitcoins."

If they don't, then they'll continue to annoy stubborn and greedy individuals such as the ones showcased in this thread.

I do not disagree with you.  I live in Oregon.  No tainted municipal water for me. 

I had been selling my merge-mined namecoins for LTC for the past few months.  The NMC I had mined would have been worth around 0.5 BTC, but during the LTC rally, I sold the LTC I had accumulated for 3 BTC.

One of the rare times I actually had the timing correct for when to buy and sell.   

To be fair, it does do a pretty good job of protecting teeth.

Seems legit.

So theymos says many people have used these IPs - very likely tor nodes then?  Anyway, the IP route is bunk, nothing to be gained there.  Is anyone particularly skilled with tracking Bitcoin addresses?  Perhaps the addresses I listed could be connected to some publicly posted Bitcoin address?  My goal is to ensure whoever it is on bitcointalk gets their account marked as a scammer as well.

Hey, something that dank said that is actually marginally useful!

Yes, the IRS will take your word for it.  That is, unless you get selected to be audited.  Then you'd better be damn sure you have a paper trail to back up every dollar you report (or don't report) on your income tax.

About 0.91 BTC.  Not much (though with the recent price rise...!), but still a scam he was hiding and milking for all he could.  I'm certainly not going to let him get away with anything but a scumbag title for it.