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1521  Bitcoin / Armory / Re: What kind of laptop is best for cold wallet of Armory (with keypad or not)? on: March 14, 2013, 07:38:41 PM
I'm considering buying an old laptop so I can install Armory on it and have a cold wallet. (the laptop would never be connected to the internet again)

Also I will sign my transactions on that laptop. Somebody said he regrets having bought a notebook for it as it is too small to sign transactions comfortably.

I'm doubting between buying a laptop, without keypad on right of keyboard, or with keypad. I like the keypad to insert numbers but it makes the laptop big. So I was wondering if you can sign transactions without using numbers but only letters?
Erm... signing is done digitally, and with just the click of a button.  I'm not sure what the regretful person would mean when he says it is too small to sign transactions comfortably.
1522  Economy / Service Discussion / Re: Review unspent transactions for a particular address on: March 14, 2013, 07:23:44 PM
Yes!  I mean, I would prefer something prettier, but that's at least got the information I was looking for.  Thanks!

Yeah, something prettier would be nice.  I would how difficult it would be to write a wrapper that hits that page and then reformats the output into something more human friendly.
Not difficult at all, I'm considering doing it just for kicks.
1523  Bitcoin / Bitcoin Discussion / Re: Amateur hour on: March 14, 2013, 07:20:58 PM
^^ I thoroughly enjoyed that.   Cheesy
1524  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 07:12:37 PM
The terms may be crooked in your mind, but they are not illegal (that I am aware of), and everyone is free to read them BEFORE ordering.  And of course Coinabul would still owe them a full refund in USD equivalent if BTC dropped to $1.  The BTC price after the time of purchase is completely irrelevant - again, because of the terms that Coinabul lists.
So your argument is essentially that so long as Coinabul's terms were knowable to the customer prior to the order being placed and the customer placed the order nonetheless, Coinabul cannot be scamming if they follow their own terms.

Coinabul's TOS says "If Coinabul is held liable to you for a transaction, liability will be limited to either the amount which you paid during the transaction or $100; whichever is greater."

So if I place an order for $1,000 worth of gold, Coinabul opts not to send me the gold for no reason, I sue them, get a $1,000 judgment and they pay me $100, that wouldn't be Coinabul scamming?

It is, unfortunately, fairly routine for companies to have terms of service that say "We can do whatever we want and your only recourse is to ask us nicely to do something else". While companies think this provides them with all kinds of legal protection, what it actually does is cause people to have no choice but to ignore the terms when determining if the company acted responsibly or not. Coinabul's terms are these kinds of terms -- many of them contain "we can do whatever we want and you have to take it " clauses, such as this beauty: "Coinabul is not liable for any errors, negligence, or inability to fulfill any orders."

I'm not saying Coinabul shouldn't have this kind of ToS. While I think it's idiotic, I understand that lots of companies do this, often as a result of specific legal advice. And I'm not a lawyer. But it forces people to basically ignore the Tos when deciding whether to buy from the company or evaluating whether the company acted reasonably.

The reason nobody bothers to read a ToS is because they all say the same thing -- we can do whatever we want.

And here's where it hurts you -- this would be a reasonable term of service. So if Coinabul could argue that its ToS was reasonable and that customers agreed that they were treated fairly so long as Coinabul complied with its ToS, I'd agree 100%. However, because Coinabul's ToS is of the "we can do whatever we want" type, "we complied with our ToS" can't provide a defense against an accusation of scamming. So "make your ToS make you liable for nothing" may be good legal advice, but it fails in the court of public opinion because it prevents you from being able to point to your ToS to justify your conduct. An unreasonable agreement can't justify anything.
Like I said, their terms are not illegal (that I know of).  I know there are limits on ToS, and I'm not really familiar with laws surrounding this, but the fact that credit card refunds can differ based on currency exchange rates is really all the proof that I need to see that it is a normal practice for a business to have a single currency of denomination, and that a business is generally free to choose what currency to denominate in.

I could certainly be wrong too.

And I'm not saying this is the best thing for Coinabul either, nor am I trying to defend their business practice or terms of service.  I am strictly pointing out the legality of it, and that they would not fit the legal definition of a scam as far as I am aware, provided they actually do refund the customer in USD equivalent.

From an ethical and business reputation standpoint, I think the right thing to do would be to refund the entire BTC balance (if they never sold the BTC) or refund the USD equivalent, shipping including, of the BTC at the time that the order was made (if they did sell the BTC).  Just my opinion, but I would find either of these to be an acceptable resolution, and I believe OP would as well.
1525  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 07:06:13 PM
Are you saying that what Fedex has posted on their website is a lie?

Fedex is not lying. Fedex is mistaken.

There is "zákon 235/2004 Sb. § 92" which defines investment gold and frees the investment gold from value added tax when sold in Czech republic, from EU to Czech republic and when iimporting from other states. There are no restrictions.
Such conditions should be equal in whole European Union, as far as I know.
[/quote]
Cool.  Then Coinabul should ship you the golds.
1526  Economy / Service Discussion / Re: Review unspent transactions for a particular address on: March 14, 2013, 06:16:59 PM
Yes!  I mean, I would prefer something prettier, but that's at least got the information I was looking for.  Thanks!
1527  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 06:14:25 PM
It's in their TOS. It's buyers responsibility to read them. Nobody forced him to use coinabul if he didn't agree to their TOS. Is that so difficult to understand?

Look carefully to their TOS:

You are responsible for assuring that any product you order can be lawfully imported to your destination country. When ordering from Coinabul.com, the recipient(purchaser) is the legal importer of record and must comply with all laws and regulations of your destination country.

There are no such restriction. I know this condition because it is not first time I bought something in US. I have been many times noted by the seller: "Be carefull, we are not responsible for your local tax or restrictions."

Look to this:

Fedex's terms at http://www.fedex.com/us/international/irc/profiles/irc_cz_profile.html say, "An export license is also required when exporting toxic commodities, steel and steel products, precious metals, raw wood and wood products." Coinabul is the exporter, right?

I can read their TOS three times, I can memorized it, but there is not written "We are not licensed to send gold to Czech Republic".
Did you read what Coinabul said?
Quote
Are you saying that what Fedex has posted on their website is a lie?
Quote
Prohibitions

In addition to items prohibited by Dangerous and Prohibited Goods & Packaging Post Guide and ECI International Courier Regulations, Czech Republic prohibits:
 

    Alcohol
    Chain letters
    Lottery tickets
    Precious metals
    Reproductions of bank notes or designs resembling them
    Saccharine.
1528  Other / Beginners & Help / Re: How High or low will Bitcoin go? on: March 14, 2013, 06:01:33 PM
$200 by March 2014, barring any major hack or problem with the software.
1529  Bitcoin / Bitcoin Discussion / Re: [ANN] BitSafe Hardware Wallet Now Shipping on: March 14, 2013, 05:56:53 PM
Any way these things could get one of those new low power Bluetooth radios instead of USB, or would that break security?
1) You'd need battery power.
2) You'd need to integrate a resettable pin.
3) People scanning for bluetooth devices would know that a hardware wallet was nearby if yours was turned on.  Might be best to keep that information private.

That said, it's rarely a bad idea to have more options instead of fewer, and this could potentially open the door for hardware wallet + mobile device, which would be neat.  I think the security is still there, as you would still have to physically push buttons to authorize transactions with the wallet.
1530  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 05:48:52 PM
So, SgtSpike, isn't it pure incompetence, or maybe even malice, to put a shop online without having the care to check which countries can or can't they ship the products to?

PS: I administer a webshop and no way a customer who inserts a Country we don't ship to in his shipping address will be able to finish the order process, much less get to the payment page, because it will tell him: "Sorry, we don't ship to your country"
It is incompetence, I agree.  The customer is most certainly entitled to a full refund.


I'm not sure I agree with that.  Coinabul's policy states that their refunds will be in USD equivalent, not BTC.

Now, if you want to argue the potential for gain on other investments in the timeframe that Coinabul held on to his money (i.e., interest), I think that is a fair argument to make.  But it would be up to a court of law to determine specific damages, and it most assuredly would not follow the BTC price.

I'm shocked that some people don't see the theft transpiring. You speak of bitcoin as if it holds no value as a commodity and currency independent of USD. I never would've thought there'd even be a handful of people arguing on behalf of USD let alone a "court of law's" undoubtedly-twisted interpretation of bitcoin. According to those insinuations, then if the USD value of bitcoins dropped to $1, Coinabul would still owe them the spot price of gold?

No. They would owe them the 90.78 BTC still. If Coinabul's "terms" are to rip people off then those are crooked terms. Right. Let's start an international store, take bitcoins, give nothing, watch the bitcoin value go up, then decide to hold on to part of the coins. Nice 'operation' there.
The terms may be crooked in your mind, but they are not illegal (that I am aware of), and everyone is free to read them BEFORE ordering.  And of course Coinabul would still owe them a full refund in USD equivalent if BTC dropped to $1.  The BTC price after the time of purchase is completely irrelevant - again, because of the terms that Coinabul lists.

I'm sorry you think this is crooked, but it is how the world works.  We even saw how some of Tom's bASIC customers were refunded different amounts of Euro based on differing exchange rates from when they ordered to when they were refunded, because the purchases were denominated in USD.  I believe Coinabul's policy is enough to hold them harmless for any currency valuation fluctuations in anything other than USD.  If any of those awaiting a refund believe differently, there is always a courtroom they can test their case in.
1531  Other / Beginners & Help / Re: Mainstream media starts to attack Bitcoin on: March 14, 2013, 05:13:03 PM
You should have seen what they were saying last year. Even though they get it wrong often, the press bitcoin is receiving now is the most positive it has ever been. I think they just want the most titillating story. It is hard to beat "secret hacker drug money".

Would have to agree with this guy.  Instead of seeing dozens of negative articles and one or two positive articles like we did the past two years, we're seeing dozens of positive articles and one or two negative articles.  It's a very big change in attitude compared to the past.  I would say a more accurate thread title might be "Mainstream media mostly done with attacking Bitcoin".
1532  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 05:05:18 PM
That's why smart retailers don't write checks their asses can't cash. They don't spend a customer's money until a safe time period has passed, as to ensure against loss

We both know that Coinabul made a bogus argument when it said it sold the BTC and hence couldn't return it, so I don't know why you are explaining this to me.  You have not explained why my method is not "kindly", you have only explained what a business should do if your refund method is used.  I don't care one bit how the business handles the money internally.

I mean no offense but I'm having a hard time following your points. You might be completely misrepresenting what I said and the situation at hand, but it's hard to decipher your conclusions. The risk is always with the Seller if he or she doesn't provide the product.

OK, I'll explain it this way.  You say the risk is with the seller, and you say the buyer should get the refund in the original amount of BTC.  So, if the bitcoin crashes and the seller (whoops) can't ship the product, then it can, without any foul, refund the original amount of Bitcoins.  But there is no risk to the seller.  This is a contradiction.  Hence one of your two premises are incorrect.  Because the seller normally has the choice of refunding or shipping the product, the seller has no risk.  The seller may do whichever gives the most profit.

If however, the value must be refunded then the seller has all the risk, because no matter what, the seller must give to the buyer the value of the good.  If Bitcoin crashes then it is the sellers tough luck.  If Bitcoin rises then it is the sellers good luck.  There is no risk to the buyer. 

Sellers handling BTC bear the responsibility for keeping that BTC on hand in the event of such failures.

This is what is being argued.  You can't just state this in bold as if it is you argument.  (which I really think it is your argument)

and then try to delay matters and make off with all or part of that person's BTC payment.

I don't understand this.  Because, the value of Bitcoin increased during this transaction, the seller will make off with the profit anyway. 

On a side note: Conabul refunding $1600 for $1900, equivalent, is very rotten.  Very, very.


He paid paid 90+ BTC yet the product never shipped. You still don't understand this.

Stop tying BTC to USD. You want to tie it to USD now? 90.78 BTC x ~47 USD = $4267

That's the buyer's money (not the seller's money) currently valued in USD. Coinabul is sitting on that. When they couldn't provide the product, they should've refunded his 90.78 BTC with lightning-fucking-speed. Coinabul spent, took, or squandered his bitcoins? That's their responsibility.
I'm not sure I agree with that.  Coinabul's policy states that their refunds will be in USD equivalent, not BTC.

Now, if you want to argue the potential for gain on other investments in the timeframe that Coinabul held on to his money (i.e., interest), I think that is a fair argument to make.  But it would be up to a court of law to determine specific damages, and it most assuredly would not follow the BTC price.
1533  Economy / Service Discussion / Re: Review unspent transactions for a particular address on: March 14, 2013, 04:40:18 PM
I am just curious if there is a blockchain.info view or another website or software that would show only inputs to a particular address that have not yet been spent?  I'd like to see how many small inputs I have just waiting and unspent.  Wink

You can import the address into a Bitcoin-Qt wallet and go through all the unspent transactions (provided by listunspent RPC call) and open each one up (decoderawtransaction) to filter for just the one address your are interested in.

Thanks.

I was hoping to find a GUI-based solution that already existed.
1534  Economy / Speculation / Re: The rally is over on: March 14, 2013, 04:33:14 PM
I think we're headed to $60+ in the near future myself.

Sounds good. Where do you speculate the $2.5+ million to do this will come from?

The same people hopping on the bandwagon again or a new influx of users?
There seems to be a pretty constant stream of new users coming from a variety of sources.  So, I think it'll come from a continuous influx of users.  Wink
1535  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Dead? on: March 14, 2013, 04:30:57 PM
50 million dollars is a decent chunk of change for almost any software developer or economist.  It's the kind of stash that, even if you are in Bitcoin for the long haul, the temptation to cash out just 2% of it and buy a yacht or an island or something is just too great.  Not doing so means that you are either extremely wealthy already, or some kind of supervillain who intends to take over the world once Bitcoin is in more widespread use.  I don't think either description fits.  I'm thinking that, by now, there are only two options as to why this hasn't happened:

1) Satoshi's coins are lost

2) Satoshi's coins are in the hands of some kind of corporate entity

Either of these scenarios has implications for the future of Bitcoin.
And how, exactly, do you know that Satoshi hasn't cached out 2% of his coins?
1536  Bitcoin / Bitcoin Discussion / Re: [ANN] BitSafe Hardware Wallet Now Shipping on: March 14, 2013, 03:40:38 PM
This looks awesome!

One question:
Is it possible to make a paper backup of your wallet AND encrypt it?  Do you just make the paper backup while the wallet is not encrypted, or can you make the paper backup of the encrypted wallet and decrypt it once it has been digitized again?
1537  Bitcoin / Hardware / Re: LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC on: March 14, 2013, 03:26:39 PM
I will make this easy on you, any information I have I am willing to share. I never meant to scam anyone. If I did I would of kept the money, this is like scamming 101. If your going to scam someone you usually keep the money. I lost everything with this failed business venture and If there were any way I could pay every single person back right away I would.

Latest news:

Last night I paid nearly 1000 btc in refunds to 32 different individuals, and also resolved a 26k debt.

Today I am sending nearly 10kk in western union payments to resolve some other larger debts.

I am going to be accumulating more Bitcoin and will be making the next batch of refunds next friday on 03/22

I understand the anger of those who did not make it into this refund batch, and I am sorry that some of you think that somehow I profited from this. I am now refunding people from my own pocket. All items on the website were listed in a USD price. I used Bit-Pay to process the payments. The items we sold on our website were priced in USD not in BTC therefore When you purchased the items the USD amount was calculated into a Bitcoin amount based on the current exchange rate (mtgox). This is done by Bit-pay and this is the reason that when you purchase something from Bit-pay you only have a 15 minute window to pay the amount before the transaction is canceled. The same things goes for refunds. When you purchased something for 1000.00 you are only going to get that 1000.00 back, and because the refunds in this case are being done in Bitcoin the USD amount is calculated back to the current exchange rate (mtgox) at the time of the refund. Any other Bitcoin business would do this the same exact way, unless something is specifically priced in BTC, you will get back what you paid in USD.

Contact me:
btcfpga@gmail.com

this is the only email address I am using to handle refunds and I have been answering emails every day. I have Zero unanswered emails at this current time at that address.

About BTCFPGA
It's legal status remained as being a sole proprietorship which means the entire liability is with me and me alone. I know we had called ourselves LLC pending at one time and We had LLC papers produced but never filed them .

This is not about the scammer tag. This is about doing the right thing. I urge everyone to please be patient, if you have any thing you want to talk about or you have a special situation or if there is anything I can do other than what I have been doing which is paying back what I have please email me.

I will likely not be posting back here again until 03/22

I will be available everyday at btcfpga@gmail.com

Everyone will be paid back.

Why on earth did you wait THIS LONG to start "communicating" again?   While "nice" to see this "do righteous for all" Tom, we have seen this in the past where you provide an update or attempt some simple sentence structure... then you disappear..

If you are willing to share "any" information.. you could start from the top with details of what went "wrong" with bASIC.. as the people who gave you interest free loans have the right to know...  You can also attempt to explain why you bailed or walled yourself up when people were trying to help you out (visits from Luke and Dave)... Plus, you may want to even try explaining the horrid final act of bASIC with the CAN-ELECTRIC fraud... this would be information that people have been asking for.. and if you say you are willing to share and do the "right thing" this would be a start along with consistent refunds...
Perhaps he waited until he saw that legitimate legal action was being organized.  Then he had an "oh ****, better do something about this before I'm sued" moment.
1538  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 90btc on: March 14, 2013, 03:21:39 PM
Considering that:
- The buyer is willing to receive the Krugerrand he bought,
- It may get Coinabul into trouble, to send Gold to a country where it is not allowed to do so, and
- 2weiX is willing to ship the coin to the buyer, and Coinabul can easily pay him the market price of the said coin,

I believe that this is a reasonable way to make all parties happy.
How is Coinabul supposed to trust 2weiX to ship the goods?  What happens if that package is "lost" - who pays for it?

No, the best way to make all parties happy is for Coinabul to refund the full amount in USD equivalent as their policy states.  Including shipping (why they didn't include shipping as part of the refund to begin with is beyond me).  The customer can then take his business directly to 2weiX and deal with him without having Coinabul as a middleman.
1539  Bitcoin / Hardware / Re: LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC on: March 14, 2013, 08:01:39 AM
1000 BTC Paid out today.

Next friday hopefully I can take care of the few remaining customers who did not get refunded tonight.

This has nothing to do with a scammer tag and the pic is just a generic pic that comes with the forum software - you can have it too if you want to look like a strung out kurt cobain.

as always contact me at btcfpga@gmail.com

see you next friday for more refunds

hugs and kisses

-cp

What is the transaction id of every payment?

I have a feeling this is just another "crazy tom" series of posts. I intentionally didn't give him my bitcoin address via email or PM knowing that I'm on the list to see if he's honestly trying to work through it. Without proof I wouldn't say that he refunded more than a dozen orders from users who messaged him today.


I'm inclined to believe him.  Just jumping up the chain from the transaction posted by JakeTri, I found 792 BTC that looks like it's been completely paid out.  https://blockchain.info/address/1B52oZ77rGktCAsMST9JbH6dFvHvqaGdJR
1540  Economy / Service Announcements / Re: FoxyCart now supports Bitcoin! (Beta Launch) on: March 13, 2013, 11:00:15 PM
If I had a store to activate, I would.  Wink
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