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2281  Economy / Service Discussion / Re: A Newbie Rates 4 BTC/USD Exchanges on: January 30, 2013, 02:29:57 AM
The bank's assistant manager looked as me as if I was nuts, so I left before she could call security.

Each bank might have their own handling for non-reversible transfers.  For instance, wire transfers generally require an in-person visit to set up but with some banks repeat transfers can be made via phone or other form of request, depending on what your bank's policy allows.  A similar cash transfer method to the other Chase account might be allowed as you describe (by providing some written instruction).
2282  Economy / Currency exchange / Re: - Cheapest cash deposit in the USA and Australia on: January 30, 2013, 02:20:19 AM
ZIGGAP is currently accepting these payment methods:

Cash deposit at:

National Australia Bank (NAB - AUS)

Does the site render different based on where it is accessed from?  I don't see either the OKPay or the NAB cash deposit methods.
2283  Economy / Lending / Re: ZIGGAP - Fast Secure Exchanges and Conversions on: January 30, 2013, 02:17:22 AM
Someone just mentioned ZigGap in #bitcoin-otc

The announcement thread is here: - Cheapest cash deposit in the USA and Australia
2284  Bitcoin / Press / Re: 2013-1-28 -- Forbes: Government Ban On Bitcoin Would Fail Miserably on: January 29, 2013, 05:49:32 AM

Because Bitcoin does not require trust in a financial intermediary (e.g., a bank) it is an incredibly efficient method for transferring amounts large and small.  For international money transfers it is swifter than SWIFT (clears in an hour and non-reversible.  It is less costly than PayPal.     

A government that intentionally hobbles its economy by taking steps to outlaw or prohibit the open use of Bitcoin will find itself drop versus competitor nations that are more accommodating of it. 
2285  Other / Beginners & Help / Re: Avalon ASIC Miner antenna on: January 29, 2013, 01:22:21 AM
I posted it there for you.


[Incidentally, you can request to be whitelisted so that you can post in other boards.]
2286  Bitcoin / Hardware / Re: [Announcement] Avalon ASIC Ships on: January 29, 2013, 01:18:44 AM
I'm copying a snippet from a post from someone stuck in newbie jail so it was first posted in that forum board:

I wanted to say: When shipping to Europe, and especially France, Belgium, Italy and Spain, please unscrew the antenna and do not put the antenna in the package. The customs in these countries are really butthurt if they think it contains a transmitter for which a CE declaration does not exist. It's not really a problem, you can self-certify for CE, you just need someone in Europe to sign the declaration of conformity. Avalon could provide the required documents, have the receiver sign them (but he is then fully responsible for meeting the requirements), submit them to the customs, and get the package. This would add at least on month of delay for these costumers.

Also, put a CE mark on the box and on the equipment. You can still get the package if it has none (suppose you are the importer who is going to put the product on the EU market and who will put the CE mark on it), but this requires a lot of paperwork and delay.

This is a pretty large box that has a high chance of being opened by the customs if its sent by HK post or certainly if sent with EMS. DHL has little problems, since they do customs declaration in advance, and only 1:100 packages is typically opened.
2287  Economy / Service Discussion / Re: How to remove Private Keys from MTGox? on: January 27, 2013, 01:37:45 AM
I put my private key to MTGox, and
I think it's the reason I ckan't withdraw using it :/

When you add your private key to Mt Gox, they will transfer immediately any funds sitting at that address to your wallet (which is just an accounting entry to them) and then will monitor that address for future incoming transactions and will sweep any new payments to that address to your exchange account.

So once you import your private key to mt gox, you lose all control ot that address in the future.
2288  Economy / Trading Discussion / Re: Why is there a penny bot? on: January 26, 2013, 03:47:55 AM
Can someone explain to me what a "Pennybot" is?

I think it refers to a bot that seems to be trading insignificant (~ penny) amounts to accomplish some aim.  That aim might be, for instance, to knock the "last" trade price to sit near the highest bid side of the spread. Or it may be to make sure there is a bid sitting just below the ask price, causing a real narrow spread.  When the amounts trade at a penny or less even, the purpose obviously isn't authentic, real buying and selling of positions but to manipulate the highest bid, lowest as or last trade quotations.
2289  Economy / Speculation / Re: The Weekend Dip Myth on: January 26, 2013, 03:40:38 AM
lets see what the price will be after the weekend  Grin

The "weekend dip" isn't universal for every weekend.  At least not the winning pattern that had been recurring over and over.  The weekend dip "green light" would occur when there appears a downturn occurring into the weekend (i.e., at Wednesday evening (west) / Thursday morning (east) grab the 7-day high.  If that is below the previous week's 7-day high, then a downtrend was occurring and selling was more often than not a profitable move as during the weekend an opportunity to buy back would usually be possible.

That trend had a nearly perfect run.  Then it kind of fizzled,

This weekend did not get a weekend dip "green light" as on Wednesday evening (west) / Thursday morning (east) we were seeing a rising exchange rate, when comparing the two week's of 7-day highs.  That doesn't mean it won't dip, it just means the pattern that seemed to repeat isn't being predicted.
2290  Other / Beginners & Help / Re: How are BitCoins that are stored offline still tracked in the network? on: January 26, 2013, 03:28:51 AM
That's even more depressing.

Why???  Huh
2291  Economy / Service Discussion / Re: LocalBitcoins on: January 25, 2013, 10:15:57 PM
will the buyer be notified if the seller than moves the funds back out of his account? (de-funds the transaction...)

I'm not sure.  It probably does send a notification just like the funding event does.  If you'ld like to test, I have an ad on LocalBitcoins ( ) you could place an offer on it to buy $20 worth. I'll fund it then de-fund it and you can report back here what happens.
2292  Other / Beginners & Help / Re: How are BitCoins that are stored offline still tracked in the network? on: January 25, 2013, 10:12:21 PM
So it would have to be done by someone who is willing to give up money just to mess with a handful of people?

Who are these people being messed with?  There's no victim other than the perpetrator who does it to himself.
2293  Bitcoin / Bitcoin Discussion / Re: Paper Blockchain? on: January 25, 2013, 10:01:28 PM
Not once did BTC cross my mind.  I drove past lines that were a mile or more long watching people hoping they could get gas. You could NOT get any cash, no ATM's.

So now let's say someone arrives from a couple towns away with a truck holding a bunch of filled jerry cans and are selling them where the gas costs about $15 per gallon.   You don't have cash (no ATMs remember), but they take bitcoin.

Would BTC cross your mind then?
2294  Bitcoin / Bitcoin Discussion / Re: There has to be a better way (getting USD to BTC) on: January 25, 2013, 09:05:42 PM
There's 1 person about 5 miles from me but he's asking for $22USD/BTC....

How will someone who is willing to sell at spot but reluctant to place an ad on LocalBitcoins themselves able to find you unless you place an ad there yourself?
2295  Bitcoin / Project Development / Re: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE on: January 25, 2013, 08:57:37 PM
Feature request:

Ability for me to cause a new deposit address to be generated for my account.  

Currently, the blockchain shows all my deposits to a single Bitcoin address that get credited to my wallet at ICBIT.

The whole concept of there being a new Bitcoin address for each transaction is so that privacy is maximized.    Because the wallet is a hosted (shared) EWallet, the funds I deposit will likely be withdrawn by someone else, thus there are clues out there that the address is associated with ICBIT deposits and those addresses might get scrutinized further to try to determine the identity or other clues about who is the party responsible.
2296  Economy / Service Discussion / Re: BitInstant and BTC-E on: January 25, 2013, 08:44:45 PM
Stopped working an hour or two ago.

Anybody have an idea what is the problem between them ?

If by "Stopped working" means it no longer can be selected from their UI, that is correct but temporary:

What happened to the BTC-e option?

Down, making some quick changes. Should be back up within the hour.

The BitInstant support thread is:
2297  Bitcoin / Bitcoin Technical Support / Re: question on: January 25, 2013, 08:28:18 PM
Ok sorry if this is a dumb question, but if I have an address I sent coins to, is there a way to tell how many total coins are in their wallet.dat?

If a subsequent transaction spending those funds also includes other inputs, you might be able to conclude that the recipient also has the funds from the other inputs as well.  That is not guaranteed though as if the wallet is a shared (hosted) EWallet, it will combine inputs which may be funds received from numerous unrelated transactions.
2298  Other / Beginners & Help / Re: How are BitCoins that are stored offline still tracked in the network? on: January 25, 2013, 07:33:32 PM
Huh If the BitCoins are offline, how could the BitCoin network know if they are destroyed, lost, or never to be used again?

The bitcoin blockchain is essentially a ledger system.   The ledger contains transactions that transfer funds from the address(es) on the left side (inputs) to the address(es) on the right side (outputs).    From this ledger, the status (unspent balance) of every address can be determined.

A Bitcoin address in a wallet has a corresponding private key.   That private key is needed for spending any funds sent to that address.  So if a private key is destroyed, lost or never used, that just means those coins sent to that address can never be spent.    It happens.  It isn't a problem ... except for the party whose coins were destroyed, lost or never to be used again.
2299  Bitcoin / Bitcoin Discussion / Re: There has to be a better way (getting USD to BTC) on: January 25, 2013, 07:26:07 PM
I've used Coinbase and it's pretty simple. Once your bank account is confirmed, you can lock in a price immediately, even though it takes several days for the ACH to clear.

Yup, at just a 1% fee there is no way that is as inexpensive and easy.  Since the price is locked in at the time you place the order, the delays until the ACH clears should be less of a problem ... unless you are needing to make the purchase for immediate spending.   The $100 USD per-day limit will be increased to 100 BTC per-day after 30 days have passed since your first purchase and a few other steps are completed:
2300  Economy / Trading Discussion / Re: So how on earth am I supposed to get bitcoins in the UK? on: January 25, 2013, 05:38:16 PM
The Bit2Brit Team

Where did the website go ?

Well, that Bit2Brit appears to either have been a scam attempt or, less likely, simply failed to launch.
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