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7981  Bitcoin / Meetups / Re: Events - Meetups, conferences and other events on: September 06, 2011, 10:48:57 PM
New Currencies and Compensation Models
Working Group Meeting at the Open Video Conference
Saturday, September 10, 2011 - 2:30 pm
New York Law School, New York
 - http://openvideoconference.org/alternative-currencies-and-transaction-models
 - http://bitcointalk.org/index.php?topic=41932.0
7982  Economy / Collectibles / Re: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) on: September 06, 2011, 09:12:56 PM
Incidentally, who wants to wager if or when Casascius will be Bitcoin's Bernard von Nothaus?

Thinking of how to word it, and guessing what dates to use:
 - http://www.betsofbitco.in
7983  Economy / Collectibles / Re: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) on: September 06, 2011, 09:10:43 PM
Though just the first 8 characters of the bitcion address are on the coin itself, am I given the full Bitcoin address on the shipping list or something so that I can verify the address truly has funds?  (or to add funds to it if I wish?) 
7984  Economy / Speculation / Re: What's causing BTC price to dip below $7? (Answer inside) on: September 06, 2011, 10:52:01 AM
Unless it is those that held big balances at the exchanges, the BitcoinDays Destroyed metric barely budged with all those coins moving around -- i.e., it doesn't appear to have been trading of old coins that are just now being unloaded on the markets.

 - http://abe.john-edwin-tobey.org/chain/Bitcoin?count=2016
7985  Economy / Currency exchange / Re: Bitcoin <--> GoldMoney on: September 06, 2011, 08:25:27 AM
I see that Ruxum exchange will accept GoldMoney Gold Grams, Silver and Palladium for adding funds to the exchange.  The metal is converted at current rates for the trading currency you choose, less a fee.

You need to be signed in to read the details but they show it on this page:
 - http://x.ruxum.com/account/transfers/deposit
7986  Economy / Economics / Re: These things would raise the value of bitcoin on: September 06, 2011, 04:47:22 AM
1) Right now Mt. Gox lets you trade cash for bitcoin, but only $500 a day mailed.

Just to clarify, Mt. Gox does not accept cash.  There is a separate exchanger for this that the Mt. Gox site links to, Bitcoin Morpheus.

Those in the U.S. with cash can also go to a Wells Fargo or Chase bank and deposit larger amounts of cash for credit to their account with another exchange, ExchB.

Links:
 - http://en.bitcoin.it/wiki/Bitcoin_Morpheus
 - http://en.bitcoin.it/wiki/ExchB
 - http://en.bitcoin.it/wiki/MtGox
 - http://en.bitcoin.it/wiki/Buying_bitcoins
7987  Economy / Service Discussion / Re: Nanaimo Gold - Shady Business Practices??? on: September 05, 2011, 09:17:18 AM
Come October 1 [...] follow 'know your customer' (FinCEN) rules within the US, if you want to purchase or sell Bitcoins through an exchange intermediary

Care to share specifically what the significance of October 1st is?  There are a lot of banking changes on 10/1 due to Durbin related regulation but I'ld like to know what KYC changes you believe will occur on 10/1 as well.
7988  Other / Off-topic / Re: Chargeless ATM withdrawals on: September 05, 2011, 09:08:30 AM
Generally card vendors charge ~$3 for each cash withdrawal. Bummer. Here's a few that don't:

[...]
 Are there any more?

Are you asking which banks issue cards that don't require a fee for withdrawal at ATMs of other banks?

If so, USAA is one.  (they reimburse the fee)
7989  Other / Meta / Re: How I can change someone Respect on: September 05, 2011, 03:02:52 AM
Incidentally, whether or not the #bitcoin-otc marketplace was used, the OTC Web of Trust (WoT) can still be used to give and receive ratings.

 - http://bitcoin-otc.com/trust.php
7990  Other / Beginners & Help / Re: Margin trading & BTC - Good or bad? on: September 05, 2011, 02:58:45 AM
I'm sure many of us have noticed the 'Margin trading (coming soon)' on Mt Gox, and I wonder what the community thinks to trading BTC on margin.

Margin trading was to be a feature already possible at HelloBitcoin.com though being based out of the U.S. (they claim, though I've seen no proof of this) they are required to impose a minimum balance restriction of $2K USD.  Their order book is pretty thin yet though so even with a margined account you couldn't do much activity.  But it is possible today, apparently.

- http://www.hellobitcoin.com
 
7991  Other / Beginners & Help / Re: Offering Bitcoin for Goods. Best Practices? on: September 05, 2011, 02:00:22 AM
Without a premium at this point for adopting the currency, what incentive is there to use bitcoin over eBay?

What incentive is there to accept bitcoin over *PayPal*, did you mean to write?

For a U.S. seller, PayPal takes 2.9% + $0.30 of the payment.  for a $100 sale, that means just $96.80 would be received.  Accepting $100 worth of bitcoin at the current bid, then trading them on an exchange would cost less than 1%, and you would get about $99.00 USD as a result.

$99.00 beats $96.80 by most all measures.
7992  Economy / Currency exchange / Re: WTS: BTC 5 via oDesk on: September 05, 2011, 01:18:29 AM
(PS I do not know whether oDesk charges you for creating a job, if so take those fees off the $40)

oDesk's fees paid by the employer are 10% of the "job".
 - http://www.odesk.com/help/help/policies/fee_policy

If you are hoping for a $40 payout, then you probably meant to suggest adding those fees on top of the $40 then?
e.g., $40/0.90 = $44.40 payment to oDesk, oDesk takes the 10% cut ($4.44) leaving $40 to you.

Of course, setting up a fake job listing for the purpose of simply transmitting money is certainly against oDesk's terms of service.  There have been reports of oDesk suspending accounts that they suspect of participating in money laundering, though I'm not trying to imply that this type of transaction would be considered to be that.

For the prescribed use though oDesk's list of countries in which they treat the withdrawal transfers as "local currency" (i.e., can do a domestic bank transfer) is interesting as there are nearly no Bitcoin exchanges supporting hardly any of them: Armenia, Bulgaria, Colombia, Croatia, Egypt, Indonesia, Jamaica, Kenya, Morocco, Pakistan, Peru, Serbia, South Africa, Tunisia, United Arab Emirates, and Uruguay.
 - http://www.odesk.com/community/node/17020
7993  Other / Beginners & Help / Re: BitCoin and Business on: September 04, 2011, 06:19:31 PM
If I start a service for renting game servers and people can pay through BitCoin, how am I supposed to show my state that I got the money from my customers?

The billing system or shopping cart interface you use will likely have recordkeeping sufficient for tax purposes.

What you would do then is convert Bitcoin revenues into its equivalent value in the currency that you use for tax purposes.  For instance, a calculation using the daily "closing" exchange rate times the amount of bitcoins received would yield an amount giving total revenues for the day.
  
http://en.bitcoin.it/wiki/Tax_compliance#Are_bitcoins_taxable_if_I_earned_them_by_doing_a_service_for_someone_else.2C_or_received_them_in_exchange_for_something.3F
7994  Bitcoin / Meetups / Re: Events - Meetups, conferences and other events on: September 04, 2011, 03:44:45 AM
FinCEN Webinar
September 15, 2011 3PM EDT
Online (Requires Silverlight [seriously!])
http://treas.yorkcast.com/webcast/Viewer/?peid=dc6ae9061c3a41e6abcd7c0a75c10a171d

Practical, Legal, and Compliance Forum on Balancing Innovation with Consumer Protection in Emerging Payment Systems
Sep 22-23, 2011
Washington Hilton, Washington, DC
http://www.americanconference.com/2012/820/practical-legal-and-compliance-forum-on-balancing-innovation-with-consumer-protection-in-emerging-payment-systems/pricing

European Bitcoin Conference 2011
November 25-27, 2011
Prague
http://bitcointalk.org/index.php?topic=40272.0
7995  Bitcoin / Bitcoin Discussion / Re: EU to declare bitcoin as 'overlay currency' on: September 04, 2011, 01:57:56 AM
In the U.S. there is regulation that goes into effect this month that could possibly have an impact on Bitcoin.

FinCEN (U.S. Dept. of Treasury) has made a Final Ruling on Prepaid Access.

There has been surprisingly little concern over it, either from Bitcoiners or from Prepaid Card Vendors whose business will most definitely be impacted:
 - http://www.bitcoinmoney.com/post/8412471372
and a countering argument here:
 - http://blogdial.wordpress.com/2011/08/03/bitcoins-are-baseball-cards

This lack of concern could be because it really is a stretch to classify Bitcoin as either a stored value instrument or a prepayment of a value.

That bitcoin might be considered a "stored value" allegedly comes a FinCEN staffer "Bradley Stevens" who left a voicemail for the now defunct Bitcoin USA in response to their request to know how FinCEN would classify Bitcoin:
 - http://bitcointalk.org/?topic=5627.msg108978#msg108978
 - http://www.bitcoinmoney.com/post/5431115607/bitcoins-legal-status
7996  Other / Beginners & Help / Re: Bitcoin programming materials on: September 04, 2011, 01:35:05 AM
- http://en.bitcoin.it/wiki/Protocol_specification

Three projects that you might wish to look at: 
 - Bitcoin Client (AKA Satoshi client, Classic Client) on github
 - BitcoinJ  http://code.google.com/p/bitcoinj
 - libbitcoin (From Bitcoin Consultancy) http://gitorious.org/libbitcoin/libbitcoin
7997  Bitcoin / Bitcoin Discussion / Re: Beyond Bitcoin: Decentralising other public institutions on: September 03, 2011, 10:56:52 PM
Why can't we apply the bitcoin paradigm of decentralised cryptographically secure authority to other aspects of society, and reap the benefits? This thread is partly just to toss around some of my ideas

The title reads "public institutions", but then you used an example of medicine which is still somewhat a privatize industry in certain parts of the world.

As far as decentralized, there is recent news that AirBNB's model of decentralized room rental for allowing homeowners and apartment dwellers to compete against hotels is now adding sublet (i.e. monthly) rental as well: http://mashable.com/2011/09/01/airbnb-monthly-rentals-sublets
i.e., decentralization is an approach that is spreading and can grow further.

There's an amazing amount of innovation happening where decentralization is occurring.  See this list of organizations, for example:
 - http://www.collaborativeconsumption.com/the-movement/snapshot-of-examples.php
7998  Other / Beginners & Help / Re: List of top Bitcoin Laundries. Please contribute. on: September 03, 2011, 07:56:12 PM
The answer is: Yes. It is VERY illegal. You're looking at some serious prison time.

http://en.wikipedia.org/wiki/Money_laundering
Money laundering is disguising illegal sources of money so that it looks like it came from legal sources.

Why would you assume I have an illegal source of money?  The use of a mixing service does not automatically mean money laundering is occurring.  [edited]
7999  Economy / Marketplace / Re: Vibanko.com - FREE New Wallet Service by Bitcoin Consultancy on: September 03, 2011, 07:52:31 PM
Is there a method for me to change the password with the service?   I haven't used it yet but now wish to and want to set the password to one created by strong password generator.
8000  Economy / Web Wallets / Re: New block explorer type site needs testing / feedback on: September 03, 2011, 07:38:51 PM
All ideas and feedback welcome.

The Summary for a block shows "Previous block" but the value displayed is not the block number but the index, which makes it confusing.

 - e.g. http://pi.uk.com/bitcoin/143815
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