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8221  Bitcoin / Bitcoin Discussion / Re: Mt.Gox scares people into selling on: July 18, 2011, 08:08:33 AM
New account will be open at 11:30 tuesday morning, and we'll put the new IBAN on the page a few hours later (don't know exactly how long the meeting will last).

UTC or JST time zone?

Incdentally, the site shows:
 "A new EUR bank account will be announced on Tuesday 19th 2011 at 13:00."
 - https://mtgox.com/users/addFunds
8222  Economy / Trading Discussion / Re: MtGox and the Euro - is it resolved? on: July 18, 2011, 07:58:39 AM
When can we expect traders using Euro to be able to trade again?

From the Mt. Gox Add Funds page:
 - https://mtgox.com/users/addFunds

Quote
Euro deposits are currently offline until Tuesday July 19th 2011 at 13:00. Deposits made this week will be processed until Friday morning. Any transfer received after Friday morning will be rejected by our bank.

A new EUR bank account will be announced on Tuesday 19th 2011 at 13:00.

If you have an urgent need of depositing funds, it is possible through our GBP account, however you will most likely lose on the currency exchange. Please check "GBP Deposit" in the menu.
You can also send an international wire to Japan as we have a EUR bank account here. Please confirm the fees with your bank first.
 

I don't know if this is 13:00 UTC or 13:00 JST.  [Update: or is it "11:30"?: https://forum.bitcoin.org/index.php?topic=29632.msg372624#msg372624 ]

Incidentally, Intersango has a BTC/EUR market and accepts SEPA deposits.
 - http://www.intersango.com
 - http://en.bitcoin.it/wiki/Intersango

and though Bitmarket.eu doesn't escrow EUR funds, BTC/EUR trading occurs on:
 - http://bitmarket.eu
 - http://en.bitcoin.it/wiki/BitMarket.eu
8223  Bitcoin / Bitcoin Discussion / Re: Bitcoin exchanges => Arbitrage opportunities on: July 18, 2011, 05:14:42 AM
Site displays an error:

Warning: Invalid argument supplied for foreach() in /kunden/176110_86637/nyse-group/joomla1.6/_external_rm/index_btc.php on line 46
8224  Economy / Currency exchange / Re: CashU Exchange & Bitcoin 7 on: July 18, 2011, 03:10:15 AM
I'm curious how they have a BTC/SAR market with no method to add SAR.   SAR withdrawals are allowed, but there does not appear to be an SAR deposit method.

I suppose they could take the other side of the trade themselves to support the market, but that's not a market.
8225  Other / Beginners & Help / Re: Wallet stopped updating on: July 17, 2011, 08:42:33 PM
I'm having a small problem with my wallet, it doesn't update anymore.

The current block count can be seen here:
 - http://blockexplorer.com/q/getblockcount

To learn how to use that number for verifying that you are current, see:
 - http://en.bitcoin.it/wiki/Getting_started#Initialization

You might want to make sure you are using the latest client.  It includes improvements on how blocks are received:
  Help -> About
You will then see the version number.
The latest is v0.3.24 (Bitcoin version 0.3.24-beta).

If you are current on all the blocks but still have a transaction that is not confirming, then make sure to leave your client running so that the transaction can be resent.  Some small transactions and others where no transaction fee was paid may get considered "very low priority" transactions and as a result can stay unconfirmed for a while.  To see if it is getting announced to the network, see if it shows up in:
  http://www.bitcoincharts.com/bitcoin
If it does show there, then patience is needed.
8226  Bitcoin / Bitcoin Discussion / Re: Ben Laurie's paper on "efficient way" to do money, as opposed to bitcoin on: July 17, 2011, 07:27:18 PM
Mr. Laurie's blog post on the publication and comments:
  - http://www.links.org/?p=1179

The flaws in his arguments were exposed in the comments.
8227  Bitcoin / Bitcoin Discussion / Re: GOX Not sending Dwolla transfers under X Amount? on: July 17, 2011, 04:17:24 PM
Yeah, but what about today?

Submit a ticket:
 - https://support.mtgox.com/anonymous_requests/new
8228  Other / Beginners & Help / Re: Newegg Needs to accept bit coin. on: July 16, 2011, 05:22:29 AM
they can't take a currency whose value goes up and down pretty wildly.

This is a long thread now, perhaps you missed earlier posts where this was addressed. Specifically:

Quote
until they have a place for those bitcoins to go (i.., employees, suppliers or investors) then they would likely be cashing out most of (or all of) those bitcoins that they've received.
- http://forum.bitcoin.org/index.php?topic=25380.msg317659#msg317659

That way a merchant not wishing to be exposed to exchange rate risk is never holding bitcoins for more than a few minutes.  They can accept them as payment and trade them out to USDs upon receipt.

There is an expense in adding this new payment method though.  That expense is offset though from the benefits that bitcoins bring:  no chargebacks, significantly lower transaction fees and nearly instantaneous settlement.  Compared to sales paid for using Visa/MC payment cards, the sales paid for using bitcoins could be the merchant's most profitable as a result!

Bitcoin is perfect for ecommerce sites though the larger sites probably will hold off until they are forced to follow.  Expect some smaller ecommerce sites to start experimenting with bitcoin payments.  This experimentation is already happening for at least one global ecommerce company in a private trial with a small target group of customers.
8229  Economy / Economics / Re: Bitcoin is a stock on: July 16, 2011, 03:12:43 AM
Related:
 - http://www.lextechnologiae.com/2011/06/26/why-bitcoin-isnt-a-security-under-federal-securities-law/
8230  Bitcoin / Bitcoin Technical Support / Re: How does the bitcoin client choose sendfrom addresses? on: July 16, 2011, 02:48:14 AM
Last I heard, it always chose the addresses with the "newest" coins - i.e., the address that had received coins in the most recent block.  Can anyone confirm/deny this?

Looking at some transactions from my wallet that behavior does not seem to jive with what occurred.

[edit: Looks like this is done in SelectCoins() and attempts to do a "stochastic approximation" based on values, and does not consider newer vs. older:
https://github.com/bitcoin/bitcoin/blob/master/src/wallet.cpp ]
8231  Other / Beginners & Help / Re: pgp encrypted email. on: July 16, 2011, 01:53:41 AM
I think I have setup my Thunderbird email client to receive PGP encrypted email, but is it supposed to receive emails?

Thunderbird doesn't, by itself, accommodate PGP encrypted mail.

Are you using Enigmail, or something else?    Also, what platform? (Windows, Mac, Linux)

I received a PGP encrypted email on a marketplace. The problem is that its encrypted and its impossible to read it without decrypting it.

With EnigMail you  select OpenPGP then Decrypt.

This is assuming the sender had your public key and encrypted the message with PGP so that only you can decrypt it.

Here's a guide:
 - http://www.movements.org/how-to/entry/send-receive-encrypted-email/
8232  Economy / Currency exchange / Re: When something seems too good to be true... on: July 16, 2011, 12:19:13 AM
I already got a warning from eBay selling bitcoins is not allowed and to not put up any more auctions.

Interesting.

Also, incidentally, there is some useful info here:
 - http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc#Risk_of_fraud
8233  Other / Beginners & Help / Re: Bitcoin7, and other exchanging websites are still taking the 0.01 fee? on: July 15, 2011, 10:45:50 PM
It has come to my attention that Bitcoin7, and other exchanging websites are taking the 0.01 fee that Bitcoin used to charge.

Updated the Wiki article for them with that info.
 - http://en.bitcoin.it/wiki/Bitcoin7

Very few exchanges that I've seen have any fees for depositing or withdrawaing Bitcoins.  Camp BX I see does charge a 1% withdrawal fee 0.0005 BTC fee on BTC withdrawals.  Others, such as Mt. Gox, Tradehill, etc., do not charge any fee.
8234  Other / Beginners & Help / Re: Historical stats, estimating peer count, etc on: July 15, 2011, 11:24:24 AM
Firstly I am interested in getting a guestimate of peer count,

Peer count:
  - http://stats.bitcoin.it/rrd/nodes_total-year.png
Though know that this value can be spoofed.  This one cannot and correlates:
  - http://stats.bitcoin.it/rrd/nodes_up-year.png

or market population - ultimately, the number of wallets, or something that could be considered to have a more or less constant relationship with that so the historical data would show the same trending. Maybe total number of addresses with a correction for increasing number of addresses per wallet over time. Any ideas?

Aint multi-pseudonymity grand!

Quote
Any suggestions?

There is information here, though I'm not finding it correlating to the exchange rate:
  - http://en.bitcoin.it/wiki/Bitcoin_Days_Destroyed

For instance, BDD has been dropping yet daily bitcoins sent daily are high yet.  So that indicates there is likely some coin mixing activity accounting for the volume of coins sent.  But it doesn't give me any information that would help predict an upcoming move, at least not that I've been able to determine.
8235  Bitcoin / Bitcoin Technical Support / Re: Where to Start? PHP + BitCoin on: July 15, 2011, 10:43:49 AM
I'm a PHP developer(1 year experience) looking to learn how to work with BitCoin.

I don't have that much experience with APIs.

Any suggestions appreciated.

For reference:
 - http://en.bitcoin.it/wiki/PHP_developer_intro
8236  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: July 14, 2011, 03:04:06 AM
Another NPR podcast today, this one "Virtual Currency: Seed Of Poor Spending Habits?"
 - http://www.npr.org/2011/07/13/137818171

Because yesterday's jabs weren't enough to discourage its audience, NPR went with another approach -- it's so dangerous!  "The technology has outpaced the ethics".
8237  Bitcoin / Bitcoin Discussion / Re: Would like to accept BitCoins for my wife's Boutique on: July 14, 2011, 02:43:58 AM
I am using Wordpress with the eshop plugin.

How would I go about accepting bitcoins for clothing when the customer goes to checkout online?

 - http://en.bitcoin.it/wiki/Bitcoin-wp-e-commerce

Though it may need an update or only work with certain versions, according to:
 - http://forum.bitcoin.org/index.php?topic=24737.0
8238  Bitcoin / Bitcoin Discussion / Re: BTC-EUR chart?(other currencies too) on: July 13, 2011, 10:26:47 PM
Is there any site with chart BTC-EUR for Mt Gox, or combined. This would give clearer idea on price against local currency, USD isn't good as there is fluctuating exhange rate between EUR and USD...

The BTC/EUR calculated using the BTC/USD from Mt. Gox can be found here:
 - http://bitcoinprices.com
8239  Other / Beginners & Help / Re: Canadians How do you Buy BitCoin? on: July 13, 2011, 10:10:32 PM
Any Canadians in here?

How do you buy BitCoin.

The full list of CAD exchanges and cash-out services:

 - http://en.bitcoin.it/wiki/VirtEx
 - http://en.bitcoin.it/wiki/Canadian_Bitcoins
 - http://en.bitcoin.it/wiki/Bitcoin_4_Cash
 - http://en.bitcoin.it/wiki/Nanaimo_Gold

Additionally, trading locally might be an option:
 - http://en.bitcoin.it/wiki/Category:Local
8240  Other / Beginners & Help / Re: Just another newb... on: July 13, 2011, 09:29:18 PM
I was wondering if there was a way to get bitcoins without selling things or using paypal, perhaps by getting prepaid credit cards and buying bitcoins with those?

There are some methods from here that you might consider:
  - http://en.bitcoin.it/wiki/Buying_bitcoins

Specifically VirWoX (purchase using credit card) and Get-Bitcoin (in which you send to them a prepaid gift card in exchange for bitcoins).

  - http://www.virwox.com/
  - http://en.bitcoin.it/wiki/GetBitcoin

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