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861  Economy / Service Announcements / Re: eCardOne on: June 04, 2013, 06:40:45 PM
I guess circumstances have speeded up their transfer Cheesy

And their Twitter account shows:

eCardOne is now
An official statement regarding latest changes is coming out this week. Stay tunned.
862  Bitcoin / Legal / Re: Filed a request for an administrative ruling with FinCEN this morning. on: June 04, 2013, 06:05:40 PM
FinCEN doesn't pass laws so you are free to disagree.

I'm thinking this could end up being defended in the U.S. as a free speech issue someday.

If I create words for a Twitter post and am paid cash for those words, there is no money transmission.    I created words and broadcast them.

If I cryptographically sign a message using my own software and computing device and am paid cash for that message, there is no money transmission.   I created the message and broadcast it.

Bitcoin is the square peg of money.
863  Bitcoin / Press / Re: NEW articles in Press Forum on: June 04, 2013, 04:48:57 PM
2013-06-04 - Why There Is a Demand for Liberty Reserve's Serv
864  Bitcoin / Press / 2013-06-04 - Why There Is a Demand for Liberty Reserve's Serv on: June 04, 2013, 04:48:21 PM
Why There Is a Demand for Liberty Reserve's Services
by Jon Matonis

In a free society with a market-driven economy, payment privacy and payment finality are legitimate and useful features of a currency – physical or digital.
By default, Federal Reserve-issued physical cash comes with payment privacy and payment finality.
Once troublesome physical cash is finally eradicated, any digital currency with privacy and irreversibility attributes will be next for scheduled termination. In the case of Liberty Reserve, It's not the individual infractions committed by clients of Liberty Reserve that are worrisome to the regulators, it's the fact that a semi-reliable platform for private payments existed in the first place.
If banks and traditional financial institutions still respected basic client privacy and facilitated some form of digital payments that did not always involve harmful reversibility to the merchants, then companies like Liberty Reserve wouldn't even be necessary.
To protect themselves, merchants require payment finality or irreversible payment methods. That means using only international wires or services like Liberty Reserve.
Business sectors that benefit from payment finality include [gold bullion sales,] online casino gaming, sports betting, lotteries, adult services, pawn shops, credit repair services, debt settlement services, and virtual currency exchanges that involve the trade of other negotiable instruments or the loading of prepaid cards.
The Liberty Reserve payment system acted as an international wire service for regions of the world that were totally ignored or blockaded by SWIFT and the international banking system.
Choice in currency is a freedom of speech issue. Failing to recognize that fact only serves to strengthen the entrenched payment oligarchies and to undermine personal liberties in the transactions environment.
Expect to see a lot more [money exiting the digital banking system] especially since the free market has been mostly stripped of digital payment finality and 'Cyprus-ed' has become a verb."

865  Economy / Speculation / Re: Online Payment Systems Have Been Decimated on: June 04, 2013, 04:44:56 PM
Its downright insane. I never thought I'd see anything quite so insane as this. They literally shut down every single exchanger that was remotely trustworthy that allowed you to buy Liberty Reserve. Thats insane.

Looks like AurumXChange's VouchX (a redeemable code) could be gone too now, as is claimed by a merchant:

AurumXchange suspends all VouchX codes?
866  Economy / Service Discussion / AurumXchange suspends all VouchX codes? Anyone can confirm? on: June 04, 2013, 04:10:35 PM
A tweet by @ICBIT_se reads "AurumXchange suspends all VouchX codes":

That wouldn't be surprising but the AurumXChange site doesn't show anything and I still could get a quote.

Could anyone confirm?

[Edit: The last post by AurumXChange forum account / Roberto was more than a month ago:
 -;u=4741 ]
867  Bitcoin / Bitcoin Discussion / Re: bitaddress generated existing address? how to spend [1 BTC BOUNTY] on: June 04, 2013, 09:40:17 AM
Where do I use the command

If you trust that your computer is secure:

Also, you might want to track this:

easy offline transactions
868  Bitcoin / Development & Technical Discussion / Re: What if the devs are ordered by a US judge to include a government backdoor? on: June 04, 2013, 09:33:27 AM
Let's say the IRS wants to be able to confiscate bitcoins from tax evaders. So they go to the US courts to get this. A judge ends up ordering the dev team to include a government backdoor so the IRS can take funds away from those who don't pay taxes.

The devs would be forced to comply right?

Open source software makes it so that every change is visible.  

Currently the Bitcoin-Qt/bitcoind release is signed by the Bitcoin Foundation ... which means the release won't work for Windows 8 and Mac users (as an update) unless Bitconi Foundation signs it.   This makes it difficult for some other dev team members who are not a party to this hypothetical IRS backdoor demand to be able to release updates to the client without this backdoor themselves.   It would probably have to be a fork with a different name (and signed by some other organization).

But the developers don't have final say as to what changes are accepted for the Bitcoin protocol.  It is the economic majority who decides:
869  Economy / Service Announcements / Re: eCardOne on: June 04, 2013, 09:16:16 AM
Do you have an alternative domain? The U.S. is being particularly idiotic and dictatorial these days.

The sites do have an SSL certificate, though there's no guarantee is owned by Dagensia (eCardOne).

870  Bitcoin / Legal / Re: Filed a request for an administrative ruling with FinCEN this morning. on: June 04, 2013, 08:56:46 AM
Quick question, vaguely on topic - is it legal for two US citizens to exchange fiat currencies with each other? (e.g. pay USD receive EUR, etc)? Or is that technically illegal? Or does it require some sort of registration?

There is an exemption for transacting "infrequently".

Authority: 12 U.S.C. 1829b and 1951–1959; 31 U.S.C. 5311–5314, 5316–5332; title III, sec. 314, Pub. L. 107–56, 115 Stat. 307.
Subpart A—General Definitionstop
§ 1010.100 General definitions.
(ff) ( 8 ) (iii)

( 8 ) Limitation. For the purposes of this section, the term "money services business'' shall not include:
(iii) A natural person who engages in an activity identified in paragraphs (ff)(1) through (ff)(5) of this section on an infrequent basis and not for gain or profit.

And the "infrequent basis" threshold in a McGladrey paper shows "fives times or less" per year:
871  Bitcoin / Bitcoin Discussion / Re: What is the most secure LiveCD for printing paper wallets offline? on: June 04, 2013, 07:34:31 AM
I need to find the best LiveCD for the job, it has to fulfill the following needs:


BTC Vault - Secure Bitcoin Live-CD

I'm not aware of anyone who has viewed the build scripts though to verify that it is safe.
872  Bitcoin / Legal / Re: List of court cases, complaints, regulatory actions, etc. on: June 04, 2013, 07:02:34 AM
Tangible Cryptography (FastCash4Bitcoins) Receives Notice From State
May 31, 2013
Location: Virginia, USA

Abstract: State of Virginia determines that Tangible Cryptography may be engaging in money transmission under Virginia law.

Tangible Cryptography suspends Bitcoin related transactions
873  Other / CPU/GPU Bitcoin mining hardware / Re: 8970 Is Coming on: June 04, 2013, 02:45:14 AM
And it's gonna be a monster. Should be capable of 1gh/mh. Projected retail is $599, so better start saving up your pennies  Grin

Well, that's going to be useless for Bitcoin mining (look at the recent rate of increase of difficulty if you aren't convinced).

But maybe for some scrypt-based alt it will still have a use for mining at some level ... at least enough to give you justification for ordering one.
874  Bitcoin / Bitcoin Technical Support / Re: Can someone explain me a automatically payout system on: June 04, 2013, 02:36:08 AM
Winner will receive theyr winning automatically paid out to theyr senders adress

That's because SatoshiDICE has a restriction that any wagers sent from a hosted (shared) E-Wallet are lost (or, more specifically, the winnings will be paid just that they go to someone else and not to the person who sent the wager payment).

This is because the Bitcoin protocol doesn't have the concept of a Sender's address.

Bitcoin has INPUTs and OUTPUTs.

So SatoshiDICE is grabbing from the wager transaction the INPUT (or choosing one of the INPUTs if there are multiple that funded the wager payment) and using that as the Bitcoin address to send the funds to on the payout transaction.

And they'll always use the OUTPUT from the wager transaction as one of the INPUTs in the return payout such that if the wager never confirms (or is double spent) then the payout transaction will never confirm either.

So they don't have payouts that will confirm on wager payments that did not confirm.

On the backend they use a customize version of BitcoinJ to perform the payments, reportedly.
875  Bitcoin / Project Development / Re: Bounty 20 BTC: Wi-Fi Hotspot, enabled by bitcoin on: June 04, 2013, 02:29:23 AM
The ability to share a router for use by the operator for internal use as well as offering access commercially.

Software License: [flexible, GPL or BSD]
Hardware supported: [incomplete]  (probably WRT54G, etc., also Ubiquity Nanostation2)
Payment methods: Both Bitcoin or Voucher Code (i.e., a code for a 2 hour pass, 1 day pass, etc.)
Private access: Second SSID for internal use, WPA2 protection
LAN /ethernet: Full access
WLAN DHCP: Supported (optional)
WLAN Static IP: Supported (optional)
Remote admin: Supported (optional)

Someone with expertise in this area might want to consider creating a business plan to provide this and pitch it to BitAngels:
876  Other / Beginners & Help / Re: I can't post on any board. on: June 04, 2013, 02:06:29 AM
I was actually looking to find out why i used the search but i can't figure it out.

Newbie jail restrictions.

877  Economy / Service Announcements / Re: [ANN] BitcoinSpinner on: June 04, 2013, 01:35:55 AM
The sources are open and if you know a skilled blackberry developer up for it I'd be happy to give him my support.

So is this, from a Kévin Forest, not an approved release?  (it is named "Bitcoin Spinner"):
878  Economy / Speculation / Re: Will bitcoin value increase with difficulty? on: June 04, 2013, 01:20:47 AM
For more difficulty vs price;

Hey, I recognize that!   Grin


879  Bitcoin / Bitcoin Discussion / Re: Are ASICs having a major effect on difficulty yet? on: June 04, 2013, 12:47:28 AM
Since it takes so long for people to receive theirs, would they have much effect on the difficulty at the moment?

Well new orders that aren't going to ship for weeks months obviously wont have any effect on today's difficulty, but ASICs now being delivered for previous orders are certainly responsible for this:


[Edit: And that's likely just the beginning of where it begins to rise.]
880  Economy / Speculation / Re: Will bitcoin value increase with difficulty? on: June 03, 2013, 11:54:58 PM
But I believe difficulty lags price by a month or so.

There was a pretty clear pattern (difficulty rises lagged behind price increases by three to eight weeks) when GPUs were the primary technology used.   Currently the rise thanks to ASICs will rise regardless of the direction and rate of change of the exchange rate.
But for sure, there's no reason a higher difficulty yields a higher exchange rate unless for some reason there was not enough hashing occurring where the exchange rate was depressed due to concern that it wasn't high enough to provide sufficient protection.   Dan Kaminsky thinks we might be there again simply because a well-funded single supplier of ASICs can easily reach 51%.   Others think he is blowing smoke as who has five or ten million dollars to blow trying to prove his point.   Who knows.
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