I fund a separate address with 20.00 BTC. At any time before the end of the year, you can deliver 10 ounces of silver to me and I will send the 20.00 BTC to you.
Would you consider securing the bitcoins with an escrow?
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Lol Made a humble donation, happy it's going to a charity of his choosing. Hope you didn't send it from and exchange or a hosted (shared) EWallet -- or it goes to neither charity nor you if he simply "returns" the funds.
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does anybody know an easy way to get some bitcoins in saudi arabia?
I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees. Bitcoins would be perfect if they could get some...
CashU prepaid cards are sold in Saudi Arabia, and they can then be used to load funds to a CashU account when making a transfer to this Bitcoin exchange: - http://www.BitcoinNordic.comHere's more info on CashU: - http://en.bitcoin.it/wiki/CashUThere are also individuals buying and selling: - http://localbitcoins.com/country/SA
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I don't have permissions to edit the referenced pages, hopefully someone can when they have a moment.
I just checked, looks like Gavin fixed it in both articles. [Update: By the way, it is a wiki -- anyone can register and instantly has permission to make edits.]
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Surely there must have been exchanges (informal or not) from the onset of Bitcoin? What were bitcoins used for in the very beginning?
There really was no "market" before 2010. There were a couple trades between miners perhaps. BitcoinMarket.com opened on Feb 6, 2010. There is no price history for that anywhere as far as I know. - http://en.bitcoin.it/wiki/HistoryThe first widely communicated transaction was Laszlo's pizza, May 2010: - http://www.bitcoinmoney.com/post/3109720916 - http://bitcointalk.org/index.php?topic=137.0That transaction appears to have been an attempt to discover price. An offer was made (10,000 bitcoins for what was probably a $25 USD purchase), and there were no takers for a couple days. Just a month later, the exchange rate had rocketed more than ten times higher than what was calculated for that deal.
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All the electric you use for mining = more carbon in air. Do you feel guilty you are profiting off earths destruction through greenhouse gases?
Troll? laststop previously wrote: "I have been using dual 6990's to mine since the card was released and It's done ok." - http://bitcointalk.org/index.php?topic=104285.0
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I'd like to see evidence or even victims claims totaling 1M.
I think you are underestimating the allure of 3,446% APR. Not only were these "investors'" bitcoins appreciating in value, they were multiplying like rabbits. It was easy for them to double down thinking the payday was just around the corner. It is very likely that there was much more than 100K bitcoins transferred.
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Is there any reason you aren't asking for a reply in that thread itself?
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Virtual currency gains traction
A global electronic currency that isn't regulated?
Sounds futuristic, but it's here now. Bitcoins are a bank alternative invented by an anonymous programmer in 2009. There's no global, central clearinghouse. Bitcoins are an experimental digital currency bought and sold via online exchanges. In the U.S., the Mt.Gox website is the main exchange, handling most dollar-to-bitcoin conversions.
One of bitcoin's best uses is for making global peer-to-peer payments, says Donald Norman, co-founder of Bitcoin Consultancy, an advocacy group in London. Why? Transferring bitcoins to someone else is usually free. "To send cash payments elsewhere, you usually have to pay fees," he says. Still, bitcoins aren't for the faint of heart. Their price can be volatile, Norman says. And huge electronic-commerce sites don't accept them yet. "But bitcoins are gaining traction," he says.
- http://www.foxbusiness.com/personal-finance/2012/08/28/six-cutting-edge-bank-alternatives/
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All the electric you use for mining = more carbon in air. Do you feel guilty you are profiting off earths destruction through greenhouse gases?
To date, nobody has provided any other suggestion as to how to provide transaction timestamping in a secure manner that is not dependent upon a central authority. If you think you can come up with an alternative, please share. For today's GPU miners, well more than half of the revenue from bitcoins goes to pay for electricity. But those using FPGA use a fraction of that. The reason the GPU miners are still around is because FPGAs are so expensive. ASIC designs are even more efficient than FPGAs and they can be produced (after paying the fixed expenses for the R&D) cheaply. So we are probably well past peak electrical consumption of the Bitcoin network even though hashing capacity continues to increase. At peak, a locomotive train with two engines could create more electricity than all of the Bitcoin mining combined would draw. A single Band of America building in Manhttan draws more than all the Bitcoin mining combined draws.
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Or in reality will this latest BS just apply to banks, insurers & funds, etc
Exchanges such as Mt. Gox allow trading between fiat currencies and bitcoins. This is not an investment which pays interest or dividends. The funds only get conversion to and from bitcoins and possibly causes gains or losses if the trading is for the pursuit of profit. 19. Are foreign exchange transactions subject to FATCA?
We do not believe that withholdable payments will include foreign exchange (FX) payments. Although gain on such contracts is generally reported as gross proceeds, the FATCA rules appear to only apply to proceeds from the sale or other disposition of any property of a type which can produce interest or dividends from sources within the United States. This could be changed by regulations.
20. Are remittances subject to FATCA (i.e. someone in U.S. sends money to a family member in my country)? No, the mere transfer of money from someone in the U.S. to someone in a foreign country will not trigger FATCA withholding. However, money transferred into, and income earned in, a U.S. account may be subject to the FATCA reporting requirements. Further, instr
- www.deloitte.com/assets/.../us_tax_FATCA_FAQs_061711.pdfEither this is considered foreign exchange or it is simply a market for the buying and selling of a commodity, of which both definitions are not what FATCA covers. Now if an exchange, such as Mt. Gox, were to offer interest on your balance, that might be treated differently.
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I've lost nearly a thousand dollars to this scam from companies like Microsoft, VistaPrints, VirginMobileUSA, and others.
The list could go on and on. My most recent one was Clear, earlier this year. These companies force you to use their "customer retention" call center to cancel. Of course, there are long wait for this and the first month I just gave up and let it renew figuring I'ld have a better chance to get through another time. Fool me once. I used to combat this with a one-time use virtual card number. Then I learned that these were not really one time use, that the same merchant can make repeated charges against the same card. Another method I use is to keep a $1 balance on my PayPal debit card. The $1 authorization goes through but the charge doesn't (as there aren't enough funds) until I've added sufficient funds. Having the ability to quickly add funds to my PayPal cash-out (e.g., FastCash4Bitcoins.com ) makes this less inconvenient. But this doesn't work if you want to actually use your PayPal debit card as a normal debit card. The problem is a "pull" payments system (where permission is given to pull funds from your account) rather than a "push" payments system (where a funds transfer occurs only after the account holder initiates and/or authorizes the transfers) ... like Bitcoin.
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I get the clearsign, upload it to pastebin.com but get the following error:
RicRock: ;;gpg verify <pastebin url>
I don't remember using pastebin Followed this and worked fine: http://wiki.bitcoin-otc.com/wiki/GPG_authentication#GPG_authentication[/quote] There are two modes. The old mode "auth"/"verify the new mode for a one time password (OTP) and uses "eauth"/"everify". In this mode, eauth gives you a URL whose contents you decrypt which reveals the OTP. Then you everify by giving the OTP.
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The problem is I live in Northeast Ohio and the only exchangers I can find want bank of america or wells fargo or citibank and I cant find any branches near my zip code. Does anyone know where a person in northeast ohio can deposit cash at a bank somewhat close within 50 mile range?
BitFloor accepts deposits through Chase. There are plenty of them in Cleveland, Akron, etc. - http://www.BitFloor.comBut if you are paying for gas or time is of value, there probably is a 7-11, Walmart, CVS or a Moneygram location nearby to you? You can then use BitInstant. - http://www.BitInstant.comm - http://www.QuickBitcoins.net - http://www.MrBitcoins.comIs Hudson, OH near you? There's a seller her: - https://localbitcoins.com/postal_code/oh/cleveland/And you can always list your desire to buy on that site.
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