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3741  Economy / Currency exchange / Re: I have A question about Credit Card Exchanges on: October 08, 2012, 01:42:28 AM
What's a way for me to exchange money from my Debit card to bitcoin? I lose way too much in fees exchanging from Debit to WU to BTC. Once again this is MY OWN PREPAID CARD. Thanks for taking the time to answer my question.

Is it a reloadable prepaid debit card? 

If so, is it one that has direct deposit capability?  If so, you might be able to use it like a bank account, where you link that account to your Dwolla account.  So once you have that set up you can transfer the funds from Dwolla to an exchange.

Are you in the U.S.?   If so, you might be able to buy coins through:
 - https://www.quickbitcoins.net

Another method, from anywhere, is to buy SLL (Second Life Lindens) through VirWoX, and then trade those for BTCs:
 - http://www.VirWoX.com

That's going to be pretty much it.

There might be some exchanges that accept LiqPay in which you can pay with a credit card, such as:
 - http://www.Bitcoin-24.com

Other than that, if you can use that prepaid card at an ATM, then using that cash with a cash deposit method is likely going to be your next best option:


Options:
 - http://www.BitInstant.com (Deposit at major banks, 7-11, Walmart, CVS, Moneygram, etc.,)
 - http://www.BitMe.com (Deposit cash at Chase)
 - http://www.BitFloor.com (Deposit cash at Chase or Wells Fargo)
 - http://www.MrBitcoins.com (Deposit at a bank in U.S., India, Australia)
 - http://www.CAVirtEx.com (Deposit cash at several banks)
 - http://www.Spendbitcoins.com (Deposit cash at a bank in Australia)
 - http://BitcoinNordic.com (Purchase CashU or UKash in dozens of countries)
 - http://www.BTC-E.com (Deposit cash (USD) at bank locations in Russia)
 - http://www.BitNZ.om (Deposit cash (NZD) at back locations in New Zealand)
 - http://www.BitInstant.com (Deposit cash in Brazil using Boleto or Banco Recomendito, or in Russia, using Qiwi or Cyberplat.)

Also, Bitcoins Direct will accept cash, but they have a $500 minimum order size:
 - http://bitcointalk.org/index.php?topic=87094.0 (Deposit cash at Bank of America, Wells Fargo or PNC, minimum $500)

Or you might find a local trade (paying cash):
 - http://www.localbitcoins.com

There are quite a few methods:
 - http://en.bitcoin.it/wiki/Buying_bitcoins
3742  Bitcoin / Development & Technical Discussion / Re: Why is this transacation taking so long to confirm? on: October 08, 2012, 01:34:21 AM
I just noticed I posted this in the wrong section,

You can move it to the Technical Support board yourself.  The link for you to do that is in the bottom left.  The Technical Support board is:
- http://bitcointalk.org/index.php?board=4.0

but it's been a few blocks since the transaction yet it is still unconfirmed.

By the time I looked, Blockchain.info reported 17 confirmations.

There was a fee paid and the total inputs was more than a trivial amount so it normally wouldn't be a transaction that would be delayed, but the problem likely was that it was spending a recently confirmed coin.  In other words, funds that were received were being re-spent without aging.  That is allowed, but may need a slightly higher fee to be included right away in the next block.
3743  Economy / Service Discussion / Re: Understanding transaction data, Blockchain.info API on: October 08, 2012, 01:23:04 AM
Im trying to write a simple script that keeps track of all the Deposits and timestamps for a given address.

Timestamps are not any more accurate than +/- a couple hours.


Transactions can be ordered by the block number (height) in which the transaction appears, and then from there the timestamp is whatever the miner wishes it to be +/- two hours.
3744  Other / Off-topic / Re: Should bitcointalk exist? on: October 07, 2012, 11:47:02 PM
And now we have it that every week or so a old time "trusted" members runs with everyone bitcoins,

Source?

Shutting down a service with a several day delay in returning funds is different from "running" with the coins.

For that reason i think bitcointalk should ceist to exist and maybe another community member(s) run a forum?

Several alternatives exist.
 - http://en.bitcoin.it/wiki/Bitcoin:Community_portal#Bitcoin_Community_Forums_on_various_platforms

Seriously do you think amazon or any huge business would accept bitcoin at this time after reading all this bull shit on here?

The financial industry doesn't rely on CNBS CNBC to make their decisions.   The entertainment industry doesn't rely on TMZ to make their decisions.

If you don't like it, make your presence felt somewhere else.   Be the change you wish to see.
3745  Economy / Marketplace / Re: large sums of money being moved around????? on: October 07, 2012, 11:26:23 PM
Well, ... that ended abruptly.

So that indicates it was likely a single party with a large balance, rather than a large level of growth occurring with various mixing services or a high level of growth in transactions where mixing occurs:



 - http://blockchain.info/charts/output-volume
3746  Bitcoin / Project Development / Re: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE on: October 07, 2012, 11:14:49 PM
The "lot size" is 1/10 tr.oz. (see https://icbit.se/GDG3)

Wow, that's confusing then.  So the lot size is 1/10 tr. oz but the price quote is for a full troy ounce of gold quoted in BTCs.

thus currently you'd need about 14 "leveraged coins" to buy into one contract, if I recall correct.

Currently for GOLD-02.13 there is a bid at 130 BTC and a sell at 148 BTC.  So if I am bearish on gold and bulling on bitcoin (i.e., want to speculate that the price of gold will be going down, or at least it won't rise in terms of USDs as fast as Bitcoin does), then I would sell into that contract.  But I need to lay down 130 BTC for it?  (Of course, with 10:1 margin I can do that with having only as little as 14 BTC in my ICBIT BTC wallet.)   And that only benefits from the margin variance of 1/10th of an ounce of gold?

Incidentally, here's what a chart for Gold/BTC looked like over the past ten months.   So the GOLD-02.13 would increase in value when bitcoin drops or if gold's price in dollars increases faster than the BTC/USD.



The above is an inverted chart showing Gold ounces per BTC, as available here:
 - https://docs.google.com/spreadsheet/oimg?key=0AmcTCtjBoRWUdHJuUE1mUkFxa3A0eHBDQkxZLVVFZmc&oid=8&zx=3zmuzi5eu5a0

With raw data from:
 - https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHJuUE1mUkFxa3A0eHBDQkxZLVVFZmc

3747  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: October 07, 2012, 08:02:46 PM
http://betsofbitco.in/item?id=358

Can we get a ruling on this? it's been over a week since the event date?

That might have been a little confusing.  The results that they label "September" are released in October.  The bet statement does say "This statement asserts that in the October 1, 2012 release" ... but it is possible the evaluation of that statement was waiting for results labeled "October", which will not happen for a month and would be the wrong results.

Incidentally, I lost on that one.
3748  Other / Beginners & Help / Re: Gold - investments? on: October 07, 2012, 07:55:07 PM
buying some gold as an investment?

There are a number of merchants which sell gold for bitcoins:
 - http://en.bitcoin.it/wiki/Trade#Precious_.26_Base_Metals.2FCoins

Also there is a Gold futures contract available for speculation:
 - https://icbit.se/GDG3
3749  Economy / Economics / Re: why does it matter who directly takes bitcoin? on: October 07, 2012, 07:46:01 PM
What it comes down to is two things:

By accepting Bitcoins, will the business get more revenue.

By accepting Bitcoins, will the business get enough more revenue to cover the expense of time involved in accepting Bitcoins.

By accepting Bitcoins, will the business get enough revenue to cover any additional expenses involved in accepting Bitcoins.

By accepting Bitcoins, will the buyer paying in Bitcoins be willing to pay more money to the business in Bitcoins than previously used currency to cover any additional expenses involved in the conversion of Bitcoins to the geographically appropriate currency necessary for the business to continue to operate and conduct business.


Remember, a pre-existing business already conducts business. That may sound silly, but it's the most critical factor. There is no incentive for a business to accept Bitcoins if all four things above can't be reconciled.

Yet don't discount the residual earnings from conversion of a new customer for the business -- whereas that customer might otherwise have gone elsewhere.  And don't discount the potential for the business to lose revenue by not accepting bitcoin where the consumer prefers to use bitcoins for payment and prefers merchants who do accept bitcoin.

Look at the anonymous VPN marketplace.  Several of those vendors were not taking a leap of faith into accepting bitcoins, they were essentially forced to do so as they were losing market share to those who already do accept bitcoins.
3750  Bitcoin / Project Development / Re: With GLBSE gone, we can start fresh on new lands. on: October 07, 2012, 06:10:47 PM
Please, check our site  at: www.therockexchange.com

Did you forget your URL?

 - https://www.therocktrading.com
3751  Economy / Gambling / Re: [BITLOTTO] Sept 7 draw over! Next draw Oct 5! on: October 07, 2012, 05:48:37 PM
AWOL at draw date.

It hasn't been even 48 hours since the MegaMillions draw (which is needed to determine the BitLotto winner).   It is the weekend.  I wouldn't exactly describe this as AWOL, though to be fair with the current climate in the bitcoin ecosystem, prompt communications would be preferable.
3752  Other / Beginners & Help / Re: Bitcoin QT Wallet STUCK in Blockchain on: October 07, 2012, 05:43:30 PM
the wallet still says:

Warning: Displayed Transactions are eventually not correct. You or other Knots may have to actualize (the client)

any hints for that?


all the story is about 10 bitcoins... i just don't wanna write them off...

Would it be of interest to you if there were a service where you simply send the wallet.dat to it along with a Bitcoin withdrawal address and the coins from the wallet are then sent to that address?

That way you could use an EWallet and not mess with any more of this?

  - http://www.BlockChain.info/wallet
3753  Economy / Gambling / Re: [BITLOTTO] Sept 7 draw over! Next draw Oct 5! on: October 07, 2012, 05:22:49 PM
I seem to recall that bitlotto said he'd set up a dead man's switch for this

Here was where that was described:

yes, I was wondering about this too today, if he had any plans to put a dead mans switch in place to pay out funds in the event of him being kidnapped by aliens from the future or something & to also hand on the Bitlotto infrastructure so that it keeps going
I do have something set up so that if I die, payment will come through.

As far as security. As the jackpots get bigger and bigger it's becoming more and more of a concern. I am taking many precautions and I'd rather not go through what those are. I think the less people know about my security the better. Everything on my servers though is harmless as I don't keep any wallet or anything on it.

The winner can be determined from the blockchain (and the megaball results), so it can be determined which person among us need be the only one to need to worry about this. :-)
3754  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: October 07, 2012, 08:57:01 AM
saying indiegogo was illegal before this bill?

IndieGogo and KickStarter aren't today giving out equity.  They are donation-based.

But they did introduce this concept of kickbacks to the backer, which usually ends up being a form of pre-selling the product. 

KickStarter is backing away from that model. 

IndieGogo is moving foward as an equity crowdfunding portal.

Both of them though have essentially been enabling crowds to fund companies that might not otherwise have been able to get funding.
3755  Other / Politics & Society / Re: U.S. CrowdFunding Bill on: October 07, 2012, 08:43:43 AM
what the fuck does the bill do? i want 1-3 sentences...

Basically it lowers the bar as to who can get equity funding.  

Some of the projects on KickStarter or IndieGogo would never have passed muster with banks or angel investors, yet when these people put their ideas out there, there were actual potential users around the country and around the world who thought it was a good enough idea to drop $20 or $50 or whatever to see the idea be designed, built and sold.

Today chances of you as an non-established entrepreneur getting funding are much higher if you have wealthy friends or family.  You aren't allowed to put out a sign asking the public to invest in your business.  Even with Crowdfunding made legal, that will still true about the sign but at least you can list your startup with a crowfunding portal which is where your pitch is made.

Instead of needing to persuade a few wealthy investors that your idea will be more profitable than the next guy's idea, instead you can pitch to people like yourself who might uniquely see the same value in what your startup creates.  And they don't have to be wealthy -- they can invest $20 if they want, and can be from anywhere in the country -- not just local investors which nearly all startup funding historically has come from.
3756  Other / Beginners & Help / Re: best site to fund my Liberty REserver with a credit card? on: October 07, 2012, 07:08:20 AM
What is the most trusted site to fund my Liberty Reserve account with a credit card?

Are you in the U.S.?
 - https://www.quickbitcoins.net

With that you an buy BTCs, and then trade BTCs for LR at a number of exchanges, including AurumXChange, VirCurEx and more

Another method, from anywhere, is to buy SLL (Second Life Lindens) through VirWoX, and then trade those for BTCs, and then trade the BTCs for LR.
 - http://www.VirWoX.com

That's going to be pretty much it.

There might be some exchanges that accept LiqPay in which you can pay with a credit card, such as:
 - http://www.Bitcoin-24.com
3757  Economy / Service Discussion / Re: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant on: October 07, 2012, 06:39:46 AM
we now have 91 banks and accounts in each one.

Will you be providing service in each of the countries listed with UseMyServices
 - https://www.usemyservices.com/current-country-banks/

If so, these will be the first time bitcoins are available via bank transfer in many of these countries:
 Mexico, Peru, Serbia, Czech Republic, Boznia and Herzogovina, Bulgaria, Croatia, Hungary, Lithuania, Switzerland


Or is it just the list in the flags that appear on the Payment Page:



Which are appear to be (after squinting):

 - Canada
 - China
 - United Kingdom
 - Poland
 - Austria
 - Netherlands
 - Germany
 - Switzerland
 - Australia
 - Belgium
3758  Economy / Service Announcements / Re: New, simple online wallet: www.instawallet.org - no signup required on: October 07, 2012, 05:40:29 AM
I love the new design of the home page.

+1, yes, just saw the new InstaWallet site. Nice work.

 Incidentally, how many different, unsuccessful wallet requests from the same IP before the banhammer comes down?

 - http://www.reddit.com/r/Bitcoin/comments/112733/instawallet_metal_detector/

3759  Other / Off-topic / Re: Please suggest a good value Smart Phone... that can... on: October 07, 2012, 05:32:57 AM
I may pick up a Smart Phone someday.

I'd like an Android based one because I like Linux and tinkering. I'd be looking for a cheap or second hand one that is capable and has good functionality without being the latest greatest toy. It needs to be fairly small/compact - not a monster phone, as I prefer it being as light and easy to carry as my regular mobile phone.

I'd prefer one that doesn't have some lame limitations that prevent future upgrades or usability but I know nothing about what's available. What do I need? Well, mostly just a bitcoin wallet, for handling mobile transactions. I could see an ssh app being useful for server admin if such a thing is available.

Any suggestions for a decent model/brand? Samsung / HTC?


$115 Virgin Wireless no-contract LG Optimus Elite (with NFC), Free Shipping

 - http://www.bestbuy.com/site/Virgin-Mobile---LG-Optimus-Elite-Mobile-Phone---Black/5177574.p?id=1218635228899&skuId=5177574

(This was $99 recently, maybe it will go back on sale some day.)
3760  Bitcoin / Project Development / Re: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE on: October 07, 2012, 04:44:21 AM
Moving some positions into Gold or Oil futures could be a better strategy then just selling off your BTC and keeping fiat positions sitting in some shady exchange account for any prolonged period of time.

Yes, it has value there.

One problem I see is the contract size.  For the GOLD-02.13 it is 1 troy ounce.  So I'm having to put up a ton of bitcoins, even using leverage, to buy that contract. [Edit: That was a mistake.  That contract is for 1/10th of a troy ounce.]   For the OIL-02.13, it is 1 barrel., so for the moment. that might be the first contract of the two that I experiment in.
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