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341  Bitcoin / Bitcoin Discussion / Re: Donation Opportunity - Philippines on: November 10, 2013, 07:02:07 PM
From another thread:

As you may be aware, my country is all over CNN and other news, because we are having the biggest and baddest storm the world has seen in the past 30 years. Category 5. 300 kph gust winds. Roofs flying.

Dabs lives in the Philippines.
342  Bitcoin / Bitcoin Discussion / Re: Allison, can you explain what a bitcoin is? on: November 09, 2013, 11:16:38 PM
Necropost, but interesting followup:

The video above ended up today being the top post on /r/bitcoin:

we have MacroMyopia.
even that "long term" measure of success was underwhelming.  Forget the down payment, if this keeps up those coins will be enough to buy the house, and they don't even need to be "cashed out" to dollars first:

Ha, that was prescient!

Bitcoin: Man Buys Flat With Forgotten Fortune
343  Economy / Marketplace / Re: [LIST] Physical Location that accepts bitcoin on: November 09, 2013, 10:17:31 PM
I went to Hudson Eatery tonight to show some bitcoin support, but no one there had any clue about paying in bitcoin. I'm not sure how it got on the list here, but they do not accept bitcoin or even knows what it is.   Huh

Ya, they were one of the merchants who had accepted Bitcoin at one time ( ) however I believe they suffered losses when the MyBitcoin hosted (shared) E-Wallet disappeared and stopped taking Bitcoin after that.

That's one problem with having multiple directories -- there's duplication and sparse traffic, so even if a merchant gets removed from one directly the entry on another may stay until someone reports it and/or contacts the curator of the list.

I no longer see Hudson Eatery on Coinmap so that directory seems to be one to be both fairly comprehensive and current.
344  Bitcoin / Legal / Re: Acting as 3rd party redeeming coins. on: November 09, 2013, 01:57:23 AM
As a resident of the US, am I asking for trouble?

Since the U.S. federal court has ruled that Bitcoin "can be used as money", this would probably not be much different from if you had a drop box that you had labeled "deposits" and then would credit my account every time I dropped an envelope which has my name one it and paper currency inside.

In both instances, only you have the key to access the funds.

But with that deposit drop box, you can halt the service by removing the drop box.  With the "published public address", you could stop publishing it but you can't stop me from learning of it from elsewhere nor can you stop me from using it as a vector in creating the Bitcoin address I sent funds to.   And that makes this a very interesting topic.
345  Economy / Service Announcements / Re: | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred on: November 09, 2013, 12:48:47 AM
You will most likely get refunded partly - like others. maybe 60%, maybe 40%, maybe even 80%, who knows? Sadly a lot people lost money to this scammers' pocket.

Sounds like preferential treatment.  The way a bankruptcy case would deal with this is to give the same haircut (on a percentage basis) to all the creditors equally.
346  Local / Marketplace (India) / Re: WTB: gift certificate (INR) on: November 08, 2013, 10:44:45 PM
I've completed all the gift cards that I wanted to personally buy myself, so if we've not started discussions on this trade, I'm all done for now.

The process of buying the Milaap gift card is now automated and I could tell it was processed quickly for the buyer since I received the Milaap gift card just minutes after I had sent the bitcoins to the party who was going to buy it.

Incidentally, I've previously lent (and re-lent) several times with Milaap.  These are no-interest loans to those in rural India with specific needs.  I'm not sure what Milaap does but they report 100% repayment.    I can eventually withdraw the funds after repayment, or I can re-lend them -- which is what I plan to do.

But this is one way anyone in the world can park some value from bitcoin (XBTs) into INRs.  Then after repayment some months down the road the funds can be withdrawn (as either as INRs or as USDs).

So if anyone else wants to do the same thing as what I just did, feel free to post your inquiry here.     Or if anyone wishes to offer to provide this exchange (i.e., to buy a card with their INRs), place your offer here (e.g., selling at what rate).   For example "Up to N,000 Rs at the Coinbase BUY price converted to INR as reported here: " ).
347  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investment Trust Launched by Major Crowdfunding Company Secondmarket!! on: November 08, 2013, 10:16:54 PM
I haven't seen this claim posted here yet.

348  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: November 08, 2013, 05:00:16 PM
Advisory Opinion Request to U.S. Federal Election Committee (FEC)
August 13, 2013
Location: Washington, DC, USA

Abstract: A Political Action Committee solicits the FEC's opinion on varios aspects of Bitcoin being accepted for political campain contributions.


The FEC's response:

The Commission concludes that CAF may accept Bitcoins as in-kind contributions under valuation, reporting, and disbursement procedures, as described below. CAF may not, however, make disbursements using Bitcoins. Instead CAF must sell its Bitcoins and deposit the proceeds in its campaign depositories before using the funds.
Thus, because Bitcoins are neither the currency of any country nor negotiable instruments, Bitcoins are not “money” under Commission regulations. Therefore, a political committee that receives Bitcoin contributions may not treat them as monetary contributions.
Like securities that a political committee may receive into and hold in a brokerage account, Bitcoins may be received into and held in a Bitcoin wallet until the committee liquidates them.
If the committee sells the Bitcoins directly to a purchaser, and therefore knows the identity of that purchaser, the purchase is itself considered to be a contribution.

 - (Using browser-friendly PDF viewer)
349  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: November 08, 2013, 04:57:16 PM
Perhaps you should add the wiki to the OP of this thread?

Good suggestion.  Done.
350  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: November 08, 2013, 12:08:10 PM
FYI, I created a stub wiki article - Compilation of legal and regulatory information.

It would be cool if we banded together and filled in relevant bits in an concentrated format.

Thanks for doing that.  This thread has bitcoin-related developments such as the Alydian bankruptcy filing, which is a court case but has little to do with regulatory issues.  And thus is probably not a good candidate for that wiki article.  But it would be good for these to continue being recorded. So perhaps we would want to keep this thread going, but also post relevant legal and regulatory developments to that wiki article as well?
351  Bitcoin / Bitcoin Discussion / Re: List of all Bitcoin conferences around the world on: November 08, 2013, 01:02:01 AM
BTW, there are six conferences for Nov-Dec 2013. Crazy.

2013-11-15 - Bitcoin Singapore 2013 - Singapore, Singapore
2013-11-30 - BitcoinExpo 2013 - London, United Kingdom
2013-12-05 - Bitcoin/FinTech EXPO - Sunnyvale, United States
2013-12-07 - laBitconf - Buenos Aires, Agentina
2013-12-10 - Inside Bitcoins - Las Vegas, United States
2013-12-15 - Global Bitcoin Conference - Bangalore, India

It is missing Afrikoin, November 20th, 2013, Nairobi, Kenya. 
Would someone update that in github?
352  Local / Marketplace (India) / Re: WTB: gift certificate (INR) on: November 08, 2013, 12:58:51 AM
This been closed Stephen? I do not mind picking it up.

I PM'd tdlokesh, and just did PM yourself as well.
353  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: November 08, 2013, 12:39:29 AM
Preliminary: United States of America V. Matthew Crisafi
Location: New Hampshire
October, 2013 [?]

Abstract: The Department of Justice said that it’s arrested 38-year-old Matthew Crisafi in New Hampshire on charges of selling unlicensed firearms, arms smuggling and money laundering after he allegedly attempted to sell firearms to an undercover officer of the Department of Homeland Security.

354  Bitcoin / Development & Technical Discussion / Re: Remove double spend from bitcoin-qt on: November 07, 2013, 06:54:29 PM
Anyone remember how to do this? I remember doing it before but can't find it now.

Accidentally created a rawtx with no fee, double spent the same one with fee and now the old one won't go away in my wallet.

See jackjack's pywallet:


Make sure to make an extra backup of it before doing any wallet surgery.
355  Local / India / Re: GLOBAL BITCOIN CONFERENCE 2013: Bangalore, December 14th on: November 07, 2013, 12:14:26 PM
Website is up and running now

356  Economy / Service Announcements / Re: [ANN] - web based wallet, iPhone/Android clients with QR Codes on: November 07, 2013, 12:13:48 PM
- Fees are 0.002BTC per outgoing transaction, which includes bitcoin network fee. Transactions between easywallet instances are free and instant.

Time for a fee reduction, no?
357  Local / Marketplace (India) / WTB: gift certificate (INR) on: November 07, 2013, 11:52:25 AM
I would like to add funds (rupees / INR) to my account at Milaap, which is like a Kiva in India (though these are all no-interest loans).

I can add these INR funds by redeeming a gift certificate denominated in rupees.  You can get bitcoins by using your rupees to buy a gift card which you would do as part of the sale of the gift card to me in exchange for bitcoins.

The gift certificate can be purchased by anybody, using INR either through Indian credit card or through Netbanking:
 -  <-- PM me for my Milaap "lender name and e-mail".

I'm looking for ~3,000Rs gift certificate.  

Is anyone looking to convert their debit card (INR), credit card (INR) or NetTransfer (INR) for Bitcoins?   If so, PM me please.

Milaap is out of Bangalore now:
No : 549, 26th main, 14th cross, JP nagar Phase 1,
Bangalore, India 560078

[Edit: I've done this type of transaction before, though at the time there was a different process for you to buy the gift card.
I would like to add funds to my account at Milap.
358  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: November 07, 2013, 02:11:42 AM
Bitcoin: A Primer, paper by the Chicago Fed
Location: Chicago, U.S.
December, 2013

Abstract: This paper by an analyst/economist with the Chicago Federal Reserve is a review of the mechanics of the currency and offers some thoughts on its characteristics.

 - (Browser-friendly PDF viewer)
359  Bitcoin / Press / Re: 2013-11-04 - - Bitcoin Is Broken on: November 05, 2013, 04:24:46 AM

Further discussion:

Majority is not Enough: Bitcoin Mining is Vulnerable

[Bitcoin-development] Auto-generated miner backbone

The Twitter accounts for the two researchers:
360  Bitcoin / Bitcoin Discussion / Re: Precious Metals guys coming around to Bitcoin on: November 05, 2013, 01:12:58 AM
I would suggest people might do well to do what my friend Doug Casey and Jeff Berwick are doing and that’s investing in other countries and different places. Diversify your assets to the extent you’re able to."

come...come you hard assets guys! buy software asset bitcoin Smiley or at least have some, haha

Of course, there are those with only Bitcoin and no precious metals. 

What I'ld love to see is more issues like the DYM issue on Ripple (or in Open Transactions, or Mastercoin, or colored coins, or ... ).
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