Baffling, isn't it?

I'm suspecting inertia.  When the next power bill comes in and the bitcoins earned don't cover it there'll be some GPUs going dark.

Here's who is happy right now.

Has investment in GPU rigs, pays about half or less of the average eletric rate (average is $0.15 per kWh so pays $.075 or less), is not likely to be among the first ones to receive an ASIC.

The longer this drags on at current BTC/USD and difficulty levels, the longer those GPUs will remain profitable.

As soon as ASICs ship, even those remaining mining on GPUs will find that the GPUs are no longer useful.

Anyone storing $3K nonetheless $300K should be well aware of two factor authentication.

To use Coinbase for buying or selling coins you would link a bank account, just like you would with PayPal or Dwolla.  That link allows Coinbase to push funds to you as well as pull from you.  They do not provide a method to link for only pushing funds to your account.

They are a startup that has a lot investment backing (as far as bitcoin startups go).

I'm just curious about the details here.  So the recipient had to redeem the funds?  (.e.g, Mt. Gox redeemable code, or private key, or Instawallet URL) that was delivered, or did you send the coins some other method?

Can you be more precise with the question? 

Or, does this help?

 - http://bitcoinmedia.com/merchant-developer-tutorial/

Or this?

 - http://blog.kangasbros.fi/?p=85

Way, way off.   You are cherry picking the numbers.

The exchange rate never hit $35, and the $32+ that it did hit was only like that for part of a day.  Why would you use $35 in June 2011 rather than the $1.99 in November 2011?  

This is still off, as the weighted average prices are based on the assumption that the quantity of bitcoins were produced equally each day.  But it should be close.

2009 - 1,624,500 bitcoins X $0.01 USD = $16,245 (Estimate as no valid price data)
2010 - 3,396,000 bitcoins X $0.10 USD = $339,600  (Estimate as no valid daily price data earlier than Jun 2010)
2011 - 2,981,350 bitcoins X $5.34 USD = $15,920,409
Jan-Nov 2012 - 2,506,900 bitcoins X $7.80 USD = $19,553,820
Dec 2012 (estimate) - 111,600 bitcons X $12.50 USD = $1,395,000 (Estimate based on Nov 2012 closing price)

= $37,225,074 USD

(This is all assuming miners sell as the coins are earned, though many miners do save their coins and sell when the market pays higher levels, or never)

 - https://docs.google.com/a/digicoast.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHJuUE1mUkFxa3A0eHBDQkxZLVVFZmc&pli=1#gid=0

Hm... let's compare:

Legal jurisdiction:
MyBitcoin: Nevis (supposedly -- no company information was ever revealed)
Coinbase: California Oregon  (development occurring in California)

Owners:
MyBitcoin: Tom Williams (whoever that is, but that's what he claims: http://bitcointalk.org/index.php?topic=22221.0 )
Coinbase: Investors including Y! Combinator, a leading business incubator

Wallet Security:
MyBitcoin: Ooops, peoples wuz stealin from us and we had no idea until the coinz wuz gone!
Coinbase: 87% of coins stored offline, keys, encrypted, in bank vault: http://blog.coinbase.com/post/33197656699/coinbase-now-storing-87-of-customer-funds-offline

...

I'm not even going to go on, but you get the point.

Coinbase uses ACH bank transfers to move funds for your purchase of coins.   Coinbase gives you access to your coins after the ACH clears.   They are not generally sitting on your money for days without processing the coins.    ACH is slow.  It will be three or four business days.    Your only alternative in the U.S. to use ACH is Dwolla.   Guess what the biggest complaint there is too?   Getting cash moved from your bank account to Dwolla is slow ... it takes three to five business days.     Hey ... what a coincidence!   Maybe it isn't Coinbase or Dwolla that is the problem, but ACH instead?

Are you even sure it is worth mining with that?

Unless you pay like $0.07 per kWh or less, you will likely be losing money on each hash -- thanks to the halving we just passed.

There are a few people who are simply trading over-the-counter, either by listing on #bitcoin-otc or through the forum, like this:

BTC for UK GBP Bank Transfer - £8 / coin. - 0% fee.
  - http://bitcointalk.org/index.php?topic=119707.0

Bitcoin-Central now has a BTC/GBP market.  The problem is with liquidity, but that liquidity problem appears mostly to be a problem for buyers.  Sellers can find a bid roughly at where the BTC/USD is at Mt. Gox after considering the exchange rate for GBP/USD.  The withdrawal from Bitcoin-Central's French bank to you is where an expensive might be higher than you'ld prefer, but for a larger withdrawal transaction this may not be all that significant.
 - http://www.Bitcoin-Central.net

For smaller amounts (e.g., where wire fee isn't justified by the amount being transferred), VirWoX to Moneybookers is a method some people like.   FastCash4Bitcoins cash-out to PayPal is another.

Another method is currently unavailable but it may be re-opened at some point:

********** BUY / SELL BITCOINS UK *********
 - http://bitcointalk.org/index.php?topic=118396.0

Incidentally, if the URL has www., it won't work --- response is an HTTP 403 - Forbidden.

If it was the case of a typo in the e-mail address, hopefully it was not a valid e-mail address and nobody has claimed the funds.

And whether it was a valid address or not, if they are asked to redeem it to a different address, I could see there being a number of steps before acknowledging that simply because they need to ensure they are sending it to the right party.

You are describing two separate services here?

So it sounds like you are using Coinapult's e-mail wallet service.  So before you used the exchange service you first went to Coinapult.com and put in your own e-mail address for the To: field. Then it presented you with the Bitcoin address to "Load Bitcoins" and that is what you later used with the exchange service?

Then at the exchange service where you bought coins you provided the "Load Bitcoins" address from Coinapult?   And then when you look at the blockchain you can see that the transaction from the exchange truly did occur (and confirm with 6 or more confirmations)?

If all that is correct, then yes -- Coinapult would have received your coins and normally sent off the e-mail with instructions to access that wallet.

If the funding transaction from the exchange has confirmed (and you said it was a day ago, so that likely has occurred) and you didn't receive any e-mail from Coinapult, the most likely scenario is that the message is in your spam folder.

If that isn't the case, then if you suspect there is a possibility is that you made a typo on the e-mail address, or any other reason, your next step would be to contact Coinapult support:

 - http://coinapult.com/contact

 - http://en.bitcoin.it/wiki/Tor#Pooled_Mining

 - http://bitcoinmagazine.net/bitcoin-wallet-options

The Bitcoin Foundation is not the Bitcoin business development and marketing agency.

Also, you worded your title as if it was news (something happened, past-tense).   Unless you are intentionally trying to deceive people, adding a question mark to the end of the title is the least you could do for a scenario like this.

The database system for the wallet is BDB.  i has crash recovery and will in most instances be able to recover automatically.  If it rolls back from a failed attempt to try to write a transaction, that transaction probably didn't get broadcast and thus can disappear without any problem.   If it did get broadcast but the crash prevented it from being stored in the wallet, then the node will learn of the transaction from peers in the network  or worst case, learn about it once there is a new block.

What "Bitcoin income".

From mining?

From selling something where you take bitcoins for payment?

From gains realized from speculation?   Is this long term gains (one year or more) or short term (less than a yaer)?

All have different treatment.

 - http://en.bitcoin.it/wiki/Tax_compliance

Presumably, that was the Farsi translation of Multibit that the article is referring to:

Does either BitcoinNordic or MercaBit accept these?