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2301  Economy / Services / Re: Nice, now accepting bitcoin... on: February 02, 2013, 05:39:16 AM
Getting closer here I think.

Real close.

So the encrypted paper wallet(s) go to family members.  DeadMansSwitch gets the decryption key, as does the trustee.  From another thread:

I changed the colour to blue for encrypted paper wallets to provide distinction between encrypted/unencrypted paper wallets - a version in the original yellow is included in case you really like yellow, just delete 'note_encrypted.png' and rename 'note_yellow.png' in its place.

This solution (encrypted paper wallets) robably isn't ready for prime time, but give it a few weeks and that will probably become a very good method for offline / long term savings that is secure.
2302  Economy / Service Discussion / Re: Coinbase not paying??? on: February 02, 2013, 05:10:28 AM
I sold about 3 bitcoins Jan 24th and was told I was going to receive BTC on Jan 29th.

Were you using the Instant account verification or had you previously done the Deposit verification method to link a bank account?

Dont get me wrong Ive liked Coinbase up to this point...and Im extremely disappointed.

You've successfully purchased through them before?]
2303  Bitcoin / Meetups / Re: San Francisco Bitcoin Talks + Social (Oct. 2, 2012) on: February 02, 2013, 03:38:48 AM

on the evening of Thursday, February 7 at the HUB San Francisco for Disruption Ahead! Banking, Technology, and Low-Income Consumers

you will have the opportunity to "test drive" several promising technologies, including KivaZip, IndiGoGo, Lendup, Bernal Bucks, Ripple, and GivKwik


7-10pm, February 7, 2013
the HUB San Francisco
925 Mission
San Francisco, CA 94103

The reception is free but space is extremely limited. Register now if you plan to attend. 
2304  Other / Beginners & Help / Re: Hello - New here and Im looking for some coins :) Paypal on: February 02, 2013, 03:05:35 AM
I allready mention it, at this time Paypal ist only solution for me.

You can use PayPal to purchase Second Life Lindens (SLLs) at VirWoX.  Then you can trade those SLLs for BTCs on their exchange.
2305  Economy / Economics / Re: Losing coins forever on: February 02, 2013, 02:26:52 AM
Implicitly, this increases the value of all the others because now there are BTC that can never be spent

You must see that as being a problem.  Please explain.
2306  Bitcoin / Bitcoin Discussion / Re: What items, not readily available, would you like to see offered for Bitcoin? on: February 01, 2013, 11:30:34 PM
Rent and Utilities....  but we're a long way off for that  Cry

Spend Bitcoins acts as an intermediary with an Australian bill payment network allowing certain utilities to be paid using bitcoins.
2307  Economy / Economics / Re: Capital Gains & Other Income on: February 01, 2013, 11:20:02 PM
But the fact remains there are some who can and will do it.  The rich are always looking for tax loopholes.


A tax loophole is a legal method of paying less taxes by eploitating tax law.  This is usually because some "loophole" was either specifically written into the law to cause some behavior or was somehow overlooked, allowing the filer to pay a lower amount of taxes than others who aren't eligible to use the loophole or omit to do so.

Not reporting capital gains is not a "loophole".

What makes you think only the rich consider tax implications when making decisions?
2308  Economy / Service Announcements / Re: First international online pharmacy accepting Bitcoin! on: February 01, 2013, 10:34:19 PM
are there any lists or directories of all types of online merchants who accept btc?

BitPay only publishes a tiny sample (i.e., dozens) of the two thousand plus merchants it serves.

The Trade page on is probably the most complete:
 - has bricks and mortar businesses:

2309  Other / Beginners & Help / Re: Beware off OTC. on: February 01, 2013, 09:43:51 PM
Problems with OTC to be aware off.

The #bitcoin-otc is worthless without the #bitcoin-otc Web of Trust (WoT).

Summary statistics on web of trust

3364 users in database
18078 positive ratings sent
1175 negative ratings sent

So negative ratings reflect 6.1% of all ratings.   These don't reflect dollar amounts.  When people are smart and only do trades of higher amounts with trusted counterparties, the ratio of actual losses through #bitcoin-otc should be much less than that number -- perhaps 2% overall, or even less for those who are more risk averse.

Compare that to commercially available exchange methods where PayPal, Dwolla, Moneybookers, MoneyPak, Amazon, etc are instruments used and you'll find they charge much more than 2%.

The difference with -otc is if your 50th trade (assuming of all equal amounts) is the first one you get screwed on then you are at the 2% loss rate.  If it instead happens with your first trade then you are at a 100% loss.

But when you use -otc with the Web of Trust (WoT) and are smart, you'll likely complete trades and not suffer losses.  

Other info:
2310  Economy / Gambling / Re: [BITLOTTO] Jan draw over! Next draw Feb 1! on: February 01, 2013, 04:17:00 AM
it seems to have an invalid Bitcoin address that can't be sent to:

Doh!  Copy pasta problem it appears.  From the "Valid" addresses (signed by GPG) there is no trailing "R":

2311  Other / Meta / Re: Upcoming downtime on: February 01, 2013, 03:59:49 AM
there might be a long period of downtime while I get it working.

Is this now completed, or will there be further adjustments [edit: affecting site availability] made?
2312  Bitcoin / Bitcoin Discussion / Re: Bitcion rebilling? on: January 31, 2013, 11:55:29 PM
people who will not be able to signed up for re billing.  Is there any way around this concern currently?

Subscription payments are used with pull-based payment methods (e.g., ACH, credit card, etc.)   At the protocol level Bitcoin is a push-based payment technology.

There are no payment processors yet today that support subscription billing.  Eventually some provider will provide this.  It will probably involve the subscriber having to keep funds in a wallet with the payment processor in which the processor draws from at the subscription renewal time.
2313  Bitcoin / Project Development / Re: HTML Meta Tag for Bitcoin (donations) on: January 31, 2013, 12:26:34 PM
user can simply donate to the website by clicking on it (which will launch bitcoin client with pre-filled address).

See URI scheme, BIP 21:



Creating and parsing "bitcoin:" URI Strings:

This is the easiest part, which is fully-documented in BIP 21: URI Scheme.   Here a simple example of how you would include it (using my donation address, of course!)

<a href="bitcoin:1ArmoryXcfq7TnCSuZa9fQjRYwJ4bkRKfv?amount=1.0&label=Armory%20Donation%20Address&message=Donation%20to%20Armory">Donate 1.0 BTC to the Armory Project!</a>

...which looks like:  Donate 1.0 BTC to the Armory Project!
2314  Other / Beginners & Help / Re: How do I singup and send bit coins? on: January 31, 2013, 11:41:02 AM
I am new to bitcoins and would like to signup with an address

You can get a bitcoin address from, and then print it:

Or from Instawallet or EasyWallet (but don't forget to bookmark, and/or print the URL as a backup):

so I can send people bitcoins.

That's a little harder as it requires either mining or getting coins sent to you, like after purchasing them from an exchange or a local trade:
2315  Economy / Trading Discussion / Re: what's the best way to buy BTC in thailand? on: January 31, 2013, 11:10:30 AM
I'm starting a bitcoin exchange in Thailand at  (or for short).

I see a way to login but not a way to register a new account.  Is this exchange only available by invite?
2316  Economy / Scam Accusations / Re: TORWallet - Scammer on: January 31, 2013, 10:56:41 AM
Can someone explain how the coins have not even moved from the address?  If they are "running away with the coins,"  how are the coins still in the wallet and have not moved? 

Nobody else has the private keys for the wallet so there's no need to spend the coins.     The time that a wallet has been hacked and the funds are spent by the thief right away is because that is what the thief needs to do to prevent the rightful owner from spending the funds.  But in this case, there's no other party with the private keys.
2317  Bitcoin / Bitcoin Discussion / Re: MtGox Historical Data CSV? on: January 31, 2013, 09:49:21 AM
I seem to remember a MtGox historical data CSV download somewhere, but can't seem to find it now... looking for, say, the price at the close of every day, or something like that.  I don't need every trade, just trying to figure out a price I can use for each day that's mostly accurate.

If you click "Load raw data" on BitcoinCharts (below the chart) you can get an HTML table with the prices.  Enter a date range and use "daily" granularity, for example:

One a month (for a month-end summary) I update this:

And JSON version from
2318  Economy / Service Announcements / Re: [ANN] Safe JavaScript Bitcoin address/private key on: January 31, 2013, 08:41:55 AM

I can verify that the website has been updated and returns the same HTML from the commit with the description v2.3 (1d067dc4f3103622ca9de332c3c86fc57d76ec83) in github:

To confirm this I first check the sha1sum hash of the html returned by a request to

$ wget --quiet -O -|sha1sum
1d067dc4f3103622ca9de332c3c86fc57d76ec83  -

$ GET -eSd|grep -i "200 OK"
GET --> 200 OK

Then from my repo:

$ git checkout master
$ git pull
$ git log --pretty=oneline|grep "v2.3"
54523d36b2680e8ec231c95b776bc2259f6bb328 v2.3 Vanity Wallet now supports compressed keys

$ git checkout 54523d36b2680e8ec231c95b776bc2259f6bb328
$ git rev-list --max-count=1 HEAD

$ sha1sum
2319  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: January 31, 2013, 04:27:16 AM
This one isn't about bitcoin itself, but bitcoin was mentioned as the currency used.

Australia court Silk Road
January, 2013
Location: Melbourne, Australia

Abstract: An Australian court hearing involving a man who admitted dealing drugs that were obtained through Silk Road using bitcoins as payment.

Melbourne's County Court heard the black-market Silk Road had been described as a "certifiable one-stop shop" for illicit drugs.
Prosecutor Morgan Brown told the court the website was accessed by software designed to enable online anonymity and a digital "virtual currency", Bitcoin, was used to buy goods.
In what could be the first prosecution with Silk Road a major player, Ms Brown told the court that in two months from March last year Howard imported drugs 11 times.

Secret website harboured drugs smorgasbord, court hears

Further discussion:

2013-01-31 - Secret website harboured drugs smorgasbord, court
2320  Bitcoin / Project Development / Re: Bitcoin splitting service? on: January 31, 2013, 04:05:21 AM
By a splitting service I mean, you send X amount to one address and it gets split to different percentages to W Y and Z.

Like BTCRelay does?

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