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661  Economy / Currency exchange / Re: WTB BTC-e code for MtGoxUSD on: June 28, 2013, 12:08:40 AM
How are you sending MtGoxUSD when the codes were discontinued?

Issuance of new codes has been discontinued by Mt. Gox.    Redemption of an existing code is stlll possible using the Funding Options -> Add Funds.   Though these things are bearer codes, and the buyer might want to use extra caution (e.g., request an escrow, or employ some other trust / protection.)

662  Bitcoin / Project Development / Re: Encrypted Paper Wallet on: June 27, 2013, 04:09:10 AM
However, when I go to the text field to enter a passphrase does not appear

The changes haven't been merged into, ... and I don't know that anyone has vetted the entire source with that change from the Zeilapp GitHub repo.   So that's why I wrote "probably isn't ready for prime time".   

But if you want to try it out, save the .html from Zielap's repo to a local directory and open it in your browser.  But you might not want to trust it with too much mBTCs without ensuring it can be trusted.   
663  Economy / Marketplace / Re: [Post if interested] Should we restart Bitbills? on: June 27, 2013, 03:12:59 AM
It would be a lot cheaper than the alternatives we know of and we think having a cheap way to give people bitcoins in real life is an important step into mass introduction.

There's definitely demand for them. 

At some point though, when these start being used in commerce there will be counterfeits appearing though.   So it has to be presumed that at some point these definitely will be redeemed (other than those kept by the original buyer) and thus paying the least cost now is important so that there is less regret later when the bill gets destroyed in order to be redeemed.

After seeing the ease-of-use of the scan private key functionality in Mycelium wallet, the use of paper wallets and other private key transfer methods will be something more common, I believe.
664  Bitcoin / Project Development / Re: Encrypted Paper Wallet on: June 26, 2013, 10:57:32 PM
Does anyone know if there is a site/service/software app that allows you to print out a paper wallet that encrypts the private key with an option to also encrypt the public key?

Encrypt the Bitcoin address (public key)?  Why?

As far as encrypting the private key ...

Getting closer here I think.

Real close.

So the encrypted paper wallet(s) go to family members.  DeadMansSwitch gets the decryption key, as does the trustee.  From another thread:

I changed the colour to blue for encrypted paper wallets to provide distinction between encrypted/unencrypted paper wallets - a version in the original yellow is included in case you really like yellow, just delete 'note_encrypted.png' and rename 'note_yellow.png' in its place.

This solution (encrypted paper wallets) probably isn't ready for prime time, but give it a few weeks and that will probably become a very good method for offline / long term savings that is secure.
665  Bitcoin / Bitcoin Discussion / Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering on: June 26, 2013, 10:38:07 PM
If you're interested in legal loopholes...

Also, infrequent traders (five times or less per year) not doing it for profit are not money transmitters (at least that's what might be deduced from U.S. federal law):

Limitation On MSB Regulations For Infrequent Trading
666  Economy / Service Discussion / Re: BTC-e on: June 26, 2013, 10:02:12 PM
Counterparty Risk of alt-coin exchange = Counterparty Risk of bitcoin-only exchange

Are you saying there's no difference between the [Edit: chance] of a successful 51% attack occurring against Bitcoin versus the chance of one ocurring against other proof-of-work crypto coins?
667  Bitcoin / Legal / Re: CFP Bitcoin panel webcast 3pm Eastern today on: June 26, 2013, 06:36:00 PM
I will be moderating this panel

Watch here

Tweet questions to me at#CFP2013

More details of the panel:

That's 3PM EDT, 12PM PDT and 19:00 UTC.
668  Economy / Service Discussion / Re: BTC-e on: June 26, 2013, 06:03:40 PM
They are doing site maintenance.

The site currently shows:

Технические работы
Ведутся технические работы на сервере. Приносим извинения за неудобства.
Site is under maintenance. We apologize for the inconvenience.

and hopefully service will resume (with no significant issue), but in the meantime, my post here might be worthwhile reading:

Your Bitcoins Are Not Safe At Alt-coin Exchanges
669  Bitcoin / Legal / Re: Being exempt from MSB licenses? on: June 26, 2013, 06:17:14 AM
Would operating outside the US and not accepting any US customers make you exempt from MSB rules and regulations?

U.S. MSB rules and U.S. regulations, yes.  You may have similar rules and regulations for that jurisdiction however.
670  Bitcoin / Press / Re: 2013-06-25 UK Telegraph - Why Bitcoin is on the money. on: June 25, 2013, 08:14:16 PM
Heh ... love the comments section!

"It seems we need protection, if we use Bitcoins, from nasty people who might scam us, to be provided by governments [who most certainly will scam us]" (my interpretration in brackets).
671  Other / Beginners & Help / Re: Coinbase account hacked? Has this happened to anyone? on: June 25, 2013, 05:36:25 PM
They told me this was a software error.

Scary.  Hopefully it was to an internal address.
672  Bitcoin / Meetups / Re: Los Angeles (SoCal) Bitcoiners Meetup? on: June 25, 2013, 05:34:59 PM
While a bit of a drive from LA, there is a Trade and Talk meetup in Encinitas, CA this evening (Tuesday, Jun 25th 2013):

673  Bitcoin / Press / 2013-06-24 - The Proof-Of-Work Concept on: June 25, 2013, 04:28:07 PM
The Proof-Of-Work Concept
by Daniel of @misescircle

This concept, which grew out of ideas from the early cypherpunk movement1, is new to monetary theory and feels a little out of place in computer science too. I will show that biology gives us the most suitable framework for understanding it.

674  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 25, 2013, 02:29:21 AM
Maybe they think the Bitcoin Foundation was involved in "money transmission" because of the working Bitcoin ATM at the conference Huh

Heh, very well could be.  That event was in San Jose, CA.   The facilities were rented by Bitcoin Foundation.   This activity occurred in plain view (and probably was even promoted by Bitcoin Foundation, as-in  ... need bitcoins, go visit the Bitcoin ATM).

I could see the State using that incident as the justification for an opportunity to send a Cease and Desist.
675  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: June 24, 2013, 06:44:43 AM
No worries was just helping out I'll let you have that one

Heh, well this list benefits from having many collaborators and any supporting data / links as well so your link to the forum thread is valued!
No need to duplicate although that might happen if enough articles appear maybe add a master index on page 1

Ya, most of the entries so far are for the U.S., ... and there are a couple hundred nations in this world -- each likely to have an entry or three eventually.  So at some point an index for the most significant ones might be useful.  We're not anywhere near that yet though, I don't think.
676  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: June 24, 2013, 04:43:43 AM
Drug Enforcement Agency seizes Bitcoins
June 24, 2013
Location: Charleston, SC, USA

Abstract: Drug Enforcement Agency reports that bitcoins were seized from Eric Daniel Hughes AKA Casey Jones as a result of a violation of the Controlled Substances Act

Users Bitcoins Seized by DEA

DEA Official Notice

[Edit: Additional links and info from report by freedomno1:

Users' Bitcoins Seized by DEA
June 23, 2013

By Brian Cohen and Adam B. Levine

June 23,2013

The Drug Enforcement Administration posted an Official Notification that Bitcoin (i.e. property) belonging to Eric Daniel Hughes was seized for forfeiture pursuant to 21 U.S.C. § 881, because the property was used or acquired as a result of a violation of the Controlled Substances Act (21 U.S.C. §§ 801 et seq.)


13-DEA-581051, 11.02 Bitcoins, Acct.#1ETDwGUC1QcjYuehFr3u1FD3MvDaUs7SFy,

VL: $814.22 which was seized in Charleston, SC from Eric Daniel Hughes AKA Casey Jones on April 12, 2013;topicseen
677  Bitcoin / Legal / Re: Bitcoin Foundation Receives Cease and Desist from California on: June 24, 2013, 04:35:44 AM
Scroll the embedded copy of the letter down for some entertaining incompetence.


I especially enjoyed the copy/paste third-party webpage complete with Google adds for attorneys and an executive search firm "Don't have a CFO?"

It would be funnier if I wasn't paying these bumblefucks with my tax dollars.

The PDF is 11 pages, but that link isn't a direct link from the State, so there's no confirmation yet that's what the State sent.
678  Bitcoin / Press / Re: 2013-06-23 Coindesk: CA issues cease-and-desist to Bitcoin Foundation on: June 24, 2013, 04:28:33 AM
The letter, signed by Paul Clayton, senior counsel at the Department of Financial Institutions (California’s financial regulator), gave the Foundation 20 days to respond, although it was only received last week.

I wonder if it would have been more appropriate if Bitcoin Foundation had released this sooner (e.g., same day).  At a minimum, if someone at the Foundation learned of this order and then traded before the order was publicly released, that might be something another government agency might consider to be "insider trading".
679  Bitcoin / Bitcoin Discussion / Re: How I promote Bitcoin on: June 23, 2013, 08:31:27 PM
Which might - at least I hope so - trigger customers' interest to what the heck this Bitcoin is about.

There is a "rule of seven" in marketing that says that consumers need to see a brand's "message" 7 times before they become familiar with it and feel comfortable enough to buy.  Every touch point, including your link as an payment method alternate to PayPal, adds towards improving familiarity.  Providing a discount is a nice incentive to drum up a little additional interest!
680  Bitcoin / Project Development / Re: Refocused Invictus P2P Exchange Discussion on: June 23, 2013, 07:48:27 AM
You can post general comments in this thread, but it would be very helpful to focus your comments in the google docs document so that they are in context and can be addressed. 

I would think Google Docs comments isn't that good for Q&A activity.

The escrow agent is also bonded by other agents.

How does this happen?  Who would bond me if I was anonymous.  (or am I not anonymous with other agents?)
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