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2721  Bitcoin / Bitcoin Discussion / Re: Major Dutch bank blocks bitcoin purchases on: December 11, 2012, 11:05:21 PM
As a bank, if they can just cut off payments/support to anything bitcoin-related, then they save themselves some headache and won't lose any significant business, because bitcoin is small.

^^^ that's how a bank sees this.

Since banks don't make much money from people who don't earn much money, as a bank if they can just impose enough fees to cause those account holders to close their accounts and go elsewhere, then they save themselves some headache and won't lose any significant business, because low income earners don't save much.

Does that seem acceptable to you?

The reason banks can't simply "cut off" these account holders is that the banking industry is protected from competition -- they are essentially granted a monopoly.  (i..e., You or I cannot start a bank [edit: even one that does not lending] because there is no way outsiders can put together the ginormous capital requirements required by the regulations).

So this is a righteous fight.  How dare they suppress a competitor in this manner.  In taking this action they are limiting my options as a consumer and as a monopoly player they can work together making it impossible for this competitor to serve its customers.

If I can open a bank next door, then I say fine let these financial dinosaurs serve their dying days milking their profitable customer base and whatever else they do, but until then we cannot allow banks to choose to serve only their most profitable customers and force the rest to go elsewhere.

Be polite, explain politely that it's not acceptable, explain politely that you are losing business because of them, insist heavily on this fact. Insist that this absolutely not acceptable, that the issue is on their side, not yours.

Silence is acquiescence.  Thank you for not backing down.

2722  Bitcoin / Project Development / Re: margin trading, prediction market, contract for difference on: December 11, 2012, 09:57:15 PM
Our team working on that, we will update topic as beta available.
Suggestions are welcome!

Of course, the big questions are, a.) will you be operating a bucket shop.   and b.) how can you ensure that the funds deposited are secure.

Related:
 - http://en.bitcoin.it/wiki/Trade#Financial
 - http://bitcoinmagazine.net/bitfinex-bitcoinica-rises-from-the-grave/
2723  Bitcoin / Technical Support / Re: Blockchain Wallet on Android on: December 11, 2012, 09:46:20 PM
has anyone had the issue that the Blockchain.info wallet software from Google Play store crashes on their tablet or phone?

Reported here:

I'm trying to use Blockchain for Android for the first time on a Nexus 7 and it crashes on launch.
2724  Economy / Trading Discussion / Re: Bitcoins stolen from bitcoin.de. on: December 11, 2012, 08:03:58 PM
It's soo easy to use free password encryption software on your pc or phone (like keepass for example)..

That still doesn't protect against a replay attack.

Someone has logged in from the ip 186.145.27.170 and sent all my coins

Yup, a lot of that going on.  

MtGox account got cleared out
 - http://bitcointalk.org/index.php?topic=85533.0

All BTC disappeared from my Mt. Gox account
 - http://bitcointalk.org/index.php?topic=88368.0

Another:
 - http://bitcointalk.org/index.php?topic=80562.msg941759#msg941759

And another: My mtgox account got compromised, what can I do?
 - http://bitcointalk.org/index.php?topic=84585.0

Yet more: MT.Gox account hacked - lost 2k USD - MT.GOX will not explain how.
 - http://bitcointalk.org/index.php?topic=89142.0

And more again: Bitcoins stolen from MtGox
 - http://www.reddit.com/r/Bitcoin/comments/x8lcv/bitcoins_stolen_from_mtgox

And yet more: Stolen from Mt.Gox coins. Help return the coins.
 - http://bitcointalk.org/index.php?topic=119816.0

Or more here: Email from Mt.Gox this morning.
 - http://www.reddit.com/r/Bitcoin/comments/z0na5/email_from_mtgox_this_morning

And even more here: I just had $715 stolen out of my Mt. Gox account.
 - http://www.reddit.com/r/Bitcoin/comments/12j9gi/i_just_had_715_stolen_out_of_my_mt_gox_account

And the biggie: Bitcoinica MtGox account compromised
 - http://bitcointalk.org/index.php?topic=93074.0

With more here: Unauthorized Account Activity on my Mt.Gox Account - Account Compromised/Hacked?
 - http://bitcointalk.org/index.php?topic=94140.0

And on other services as well. Here same thing happened to some GLBSE users:
 - http://bitcointalk.org/index.php?topic=84893.0

And elsewhere, BitMarket.eu in this instance:
 - http://bitcointalk.org/index.php?topic=5441.msg1259168#msg1259168

And now on bitcoin.de as well: Bitcoins stolen from bitcoin.de.
 - http://bitcointalk.org/index.php?topic=130264.0

In none of these was the person using multi-factor authentication. Mt. Gox has had Yubikey support for a while. Mt. Gox accounts now support Google Authenticator:
 - https://mtgox.com/press_release_20120605.html

If the exchange you are storing funds with doesn't provide OTP, consider using a different exchange:
 - http://bitcoin.stackexchange.com/questions/4113/which-two-factor-authentication-methods-are-available-at-which-exchanges

If you are storing funds in an EWallet, consider using a paper wallet.

Here is a fantastic guide: How to use 2-factor auth on mtgox, even without a smartphone (from a second device, of course, not from the same computer you log in on).
 - http://bitcointalk.org/index.php?topic=111943.0
2725  Economy / Trading Discussion / Re: Intersango exchange on: December 11, 2012, 07:54:57 PM
i am asking if anyone else has problems this time with transactions.

There are others reporting withdrawal delays.  The requests are being processed just not in what might be considered a timely manner:
 - http://bitcointalk.org/index.php?topic=63877.0

Perhaps they will let you cancel your withdrawal request, to where you could then buy back the bitcoins and send them to another exchange that will send the funds sooner.
2726  Other / Beginners & Help / Re: Transaction change vanished on: December 11, 2012, 07:26:17 PM
Didn't work, still reporting v1.1.... and this is where I am confused.

Download and save (e.g., in C:\Temp):
 - https://raw.github.com/joric/pywallet/master/pywallet.py

Then in the directory that you saved that script, run:
 C:\> cd C:\Temp
 C:\Temp> python .\pywallet.py --version
pywallet.py 1.2

You are saying you get v1.1?
2727  Bitcoin / Project Development / Re: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE on: December 11, 2012, 01:04:26 PM
there is a probability that profits from the futures will be capped because there are customers with open positions who may not have enough money in their accounts at a given settlement price. We'll provide full disclosure of the situation.

I sense foreboding.  

So someone that closes a position today gets 100% of the gains but someone holding to expiration gets capped?  And there's no knowing by how much?
2728  Bitcoin / Technical Support / Re: How long does bootstrap.dat take to import? on: December 11, 2012, 12:52:45 PM
Are you saying good hardware will cut the launch time? (well, obviously)....I mean, I always thought the bottleneck was slow internet speed to download said blockchain...


-----------------------
Bitcoin.org client v0.7.x
Estimate for first-time use, syncing the blockchain.  (Estimates obtained via wild-assed guess)

Poor hardware using bootstrap.dat: 2 days 6 hours
Poor hardware with fast internet: 2 days 8 hours
Poor hardware with slow internet: 2 days 12 hours

Fast hardware using bootstrap.dat: 1 day 1 hour
Fast hardware with fast internet: 1 day 2 hours
Fast hardware with slow internet: 1 day 3 hours

-----------------------

Bitcoin.org client v0.8  (Not yet released, or even near release-candidate)
Estimate for first-time use, syncing the blockchain.  (Estimates obtained via wild-assed guess)

Poor hardware using bootstrap.dat: 3 hours
Poor hardware with fast internet: 4 hours (?(
Poor hardware with slow internet: 5 hours (?)

Fast hardware using bootstrap.dat: 1 hour
Fast hardware with fast internet: 3 hours (?)
Fast hardware with slow internet: 4 hours (?)


(With "poor hardware" I'm referring to slower, modern systems.  I'm not referring to your P4 or an atom-based netbook.)
2729  Other / CPU/GPU Bitcoin mining hardware / Re: FPGA hardware. Where to buy? on: December 11, 2012, 10:32:39 AM
Can anyone tell me where I can get my hands on some to mine with and learn how to program these for other crypt o currency's. I know jals are on way out but I would like to get my hands on theses and maybe re program to suite others too.

The time for purchasing an FPGA for mining is long past.  If you wanted to buy one anyway to program on, then here are some specs:

 - http://en.bitcoin.it/wiki/Mining_hardware_comparison#FPGAs

[Edit: Prices are still high due to trade-in programs:

 - http://bitcointalk.org/index.php?topic=120537.0

others:
 - http://bitcointalk.org/index.php?topic=129967.0
 - http://bitcointalk.org/index.php?topic=129947.0 ]
2730  Bitcoin / Technical Support / Re: How long does bootstrap.dat take to import? on: December 11, 2012, 10:30:16 AM
So, I hadn't updated my bitcoin blockchain in a long time and it was taking forever to download. Then I found out about the Bootstrap.dat method. I downloaded it and put it in the bitcoin folder in my application support directory. I had deleted the whole directory and moved my wallet.dat outside of the folder in an attempt to restart the whole thing. Anyway, when I started it up it said "importing bootstrap blockchain data" and it has said this for about an hour now. Is this normal for it to take this long?

Very little of the time in synching the blockchain is spent on downloading the blocks and most of the time is spent on CPU and I/O.   Because you have bootstrap.dat locally, what little time was spent downloading the data is cut but the rest remains.

It can take a day or more.

Version 0.8 isn't ready yet but it uses a completely different architecture and knocks that down to about an hour, on good hardware.


 
2731  Other / Beginners & Help / Re: Bitinstant and trustcash on: December 11, 2012, 10:20:06 AM
Why can't I go through trustcash and make a cash bank deposit?

TrustCash no longer is serving any Bitcoin merchants -- BitInstant, AurumXChange, etc.  They may have another solution at some point in the future, but for now there is no cash deposit method at a bank.

Quote
The cash deposits to banks have been suspended as we’ve had a number of problems with our partner. Until these problems are resolved, we won’t be accepting the cash deposits at banks.

 - http://blog.bitinstant.com/blog/2012/10/29/recent-service-disruption-and-new-features.html

If you have a Chase branch nearby you might be interested in BitMe, which accepts cash deposited at Chase:
 - http://www.BitMe.com

You might also try a Local Bitcoin trade:
 - http://www.LocalBitcoins.com

And if you weren't aware, there is now a BitInstant support thread that even those in Newbie jail can post on:

Official Newbie BitInstant Support Thread (Active Customer Support)
 - http://bitcointalk.org/index.php?topic=128314.0
2732  Economy / Marketplace / Re: BitMarket.Eu - ownership changed (in a way) on: December 11, 2012, 10:07:14 AM
i wonder if that page is legitimate, or put together by some hackers...

It is on their Twitter feed:

Quote
BitMarket.eu needs your help! Please check: https://bitmarket.eu/donate

 - https://twitter.com/bitmarketeu/status/278375595774210048
2733  Economy / Currency exchange / Re: Buying and selling Bitcoin in Thailand on: December 11, 2012, 09:50:41 AM
There are some discussions here about buying Bitcoin in different countries. So, for all who have bank accounts in Thailand!

I also see that for those in Thailand but without a bank account can use a cash terminal to load an OKPay account.

Quote
Commission charged is 10%. Thai baht bills will be automatically converted to USD and transferred to the specified OKPAY Wallet instantly.

 - https://www.okpay.com/en/company/news/fund-okpay-with-cash-in-thailand.html



2734  Economy / Securities / Re: Options trading on Cryptostocks on: December 11, 2012, 09:26:01 AM
New feature released, Options.

The actual link to get that:

 - https://cryptostocks.com/shareoptions/index
2735  Other / Beginners & Help / Re: Need to buy 1 BTC on: December 11, 2012, 09:05:15 AM
Hi guys i need to purchase only 1 BTC. I've got a wallet and setup at block chain and need only the 1 BTC to complete a purchase for a subscription that has expired. If anyone can sell me 1 BTC and transfer it to my address i'll be so happy it'll feel like Christmas...  Grin

You didn't mention what payment methods you can offer.

e.g., PayPal, Dwolla, etc.
2736  Other / Beginners & Help / Re: Turnaround time on: December 11, 2012, 09:01:26 AM
Its best to wait for at least one confirmation.

Especially because the transaction you received itself might not be confirmed.  This can cause a problem if you pay someone else and then you find out that the transaction to you was a double spend after you've already paid.

Or if you are sending the funds to something like SatoshiDICE -- you might think you won, but until the transaction confirms your payouts won't confirm either.
2737  Other / Beginners & Help / Re: Accepting BTC on my website on: December 11, 2012, 08:20:40 AM
Not a new wallet, but a new bitcoin ID, or payment address within the same wallet, is recommended to keep track of payments from different buyers.

Yes.  CoinDL.com was created with this, for instance.

 - http://en.bitcoin.it/wiki/OsCommerce_Bitcoin_Payment_Module
2738  Bitcoin / Bitcoin Discussion / Re: RFC : Trust & Transaction on: December 11, 2012, 08:07:57 AM
Does anyone else have more?

Coincidentally, Sirius (forum user #2, after Satoshi) began a discussion you might wish to review:
 - http://bitcointalk.org/index.php?topic=130137.0
2739  Other / Beginners & Help / Re: btc and forex on: December 11, 2012, 07:56:40 AM
maybe i should have elaborated cous i asked about differences, does btc have all the capabilities that are in forex, like if i were to try to make covered calls with options, which sites can offer that and if there is, how liquid are these markets?

Here are some financial investment services:
 - https://en.bitcoin.it/wiki/Trade#Financial

Liquidity is low with most
2740  Bitcoin / Technical Support / Re: How to use existing Yubikey with mt Gox on: December 11, 2012, 07:35:48 AM
I do not want to use google authenticator, and I don't want to have to buy Mt. Gox's yubi key.  

I believe you program the Yubikey OTP with the secret from Mt. Gox, just like you would configure Google Authenticator.
  - http://www.yubico.com/products/services-software/personalization-tools/yubikey-otp/
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