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901  Economy / Economics / Re: If you are being paid interest on your money, why would you spend it? on: May 26, 2013, 03:12:14 AM
If nobody spends their money fiat will become useless.

Why do you believe that introducing artificial incentives (e.g., "penalizing money that has been sitting in the bank too long") is preferable to just letting fiat money becoming worthless (if that truly is the outcome due to a decline of spending)?   Better yet, who elected you (or anyone else) to decide for me what I should be doing with my money?

Keep yer grubby mitts off of other people's property.
902  Economy / Service Discussion / Re: Trading with Non-License Money Transmitters (aka lending BTC to ANYONE) on: May 25, 2013, 11:48:41 PM
he said bitcoin may be a commodity

Is bitcoin a commodity?

Using the word "may be" means that person isn't even sure.


Now if you notice, DHS didn't seize Mt. Gox's Dwolla funds until after FinCEN released its guidance.

If the State believes bitcoins are a commodity then let them declare it.  Until then, bitcoins are baseball cards.

903  Bitcoin / Meetups / Re: Bitcoin in Hawaii! on: May 25, 2013, 09:56:39 PM
we decided that we could no longer sit out here in the pacific all by ourselves.

Looks like the Bitcoin community there is growing.  Holton Gallery in Kula, Maui:
904  Bitcoin / Legal / Re: Can I run a purely bitcoin gaming site? on: May 25, 2013, 07:07:10 AM
If I run a gaming site purely using bitcoin, will I be required to pay taxes?

Taxes on profits from operating the site?  

Certainly there could be differences between jurisdictions but generally for most jurisdictions, yes -- a business would be required to pay taxes on profits regardless of the form the income occurs through.    At a minimum, profits from barter income are one example of this already being addressed:
905  Economy / Trading Discussion / Re: Unauthorized Payments / Electronic Fund Transfer Chargebacks on: May 24, 2013, 10:56:54 PM
For example, if you had someone designate a long-term Bitcoin address, that would serve as their only destination point for funds, and you as a vendor would accept transferring their funds to that address, I believe you could begin to find the outline of a secure payment system.

If you are trying to find a way to let a buyer prove that payment was sent to the seller, then you might want to know about the payment protocol being built into the Bitcoin-Qt/bitcoind client.
906  Bitcoin / Bitcoin Discussion / Re: Bitcoin Fund US on: May 24, 2013, 10:14:01 PM
Investment is restricted to Accredited Investors

Slight correction, .... restricted to Qualified Purchasers.


It's a big club and you aint in it. 
  - George Carlin

907  Economy / Gambling / Re: [BITLOTTO] Mar 1 draw over $2000 or 50BTC! Tickets now 0.1 BTC for Apr 5 on: May 24, 2013, 12:16:38 AM
It appears the site is no longer online, which is good since there were still people happening across it (and sending new wagers, not knowing it was not paying out).

I was going to make an update to the archive of the site that I've maintained on github so that all Bitcoin addresses used were available later if needed.  Does anyone remember if the Bitcoin address after BitLotto turned to scam mode was still from the last lottery (that Goat had won), or was it a new address?
908  Bitcoin / Bitcoin Technical Support / Re: Someone forgot to add a fee to a payment they sent me. Is there anyway to speed? on: May 23, 2013, 11:02:48 PM
Are my funds going to be locked in limbo forever?

There is no reason other clients wouldn't relay your transaction so the miners should have gotten it.  There's no reason a miner wouldn't include your transaction other than since it has no fee it isn't the first to get included.  

If you had sent the payment using Bitcoin-Qt/bitcoind it would get re-broadcast periodically (e.g., hourly or more) until it gets included in a block.  However, there is no guarantee that this is happening from and it appears that is the client you had used.  With your transaction now aged more than a full day, it is possible that it simply is no longer being re-broadcast and relayed and the mining pools no longer even know of your transaction.

If eventually drops your transaction (and all your spend transactions since that used those funds from your 6.5 BTC coin) then your funds will re-appear and you can send the funds once again.   But there's also a chance a miner does include your transaction and it will confirm at some point ... like in the next 24 hours.

There's no way to add a fee after a transaction has been sent.  An approach to allowing that (child pays for parent) is something that has been addressed and had already been coded (pull #1647) but is not part of the Bitcoin-Qt/bitcoind client today and is not used by many (or any?) miners.

So a workaround today ... without any guarantee of it fixing your problem, is to just import the private key for your 13BXjmv6PCP361wKda63KfqH2kkCgv3Z8B adddress into Bitcoin-Qt and try to spend the funds from there.  Another approach is to "redeem" (import the private key) into Mt. Gox and let it try to sweep the funds to your Mt. Gox account.  Or wait another few hours or a day and see what happens with the transaction (i.e, either confirms or disappears).
909  Economy / Service Discussion / Re: now adds ability to purchase gift cards from its website using Bitcoins on: May 23, 2013, 06:24:08 PM
It looks like purchasing of gift cards is not limited to Android phone users any more.

Gyft has now added the ability to purchase gift cards using Bitcoins directly from it's website:
(Click the link reading "NEW! Buy cards with Bitcoin")

Direct link:

I can buy using their web site, but can I spend (in which I first need to get the gift card number, using the reveal process) using the web or do I need an Android for that?
910  Bitcoin / Bitcoin Discussion / Re: Bitcoin is being killed by governments and nobody seems to care! on: May 22, 2013, 09:17:27 AM
I also still need to transfer my sterling into something else before I can use them, so I am no better off!

You mean you have GBP and want to purchase bitcoins?

How about sending them to CurrencyFair and then withdrawing EUR to your BITSTAMP account?  (Just like you could do with TransferWise before TransferWise went away).
911  Other / Off-topic / Re: Sorry, y'all: Game Over. I'm about to buy all the bitcoin. on: May 22, 2013, 09:12:53 AM
Gotta give this scammer points for persistence!  I wonder when PayPal will figure out who this really is.

Update, latest incarnation:

The e-mail address for that PayPal account:

This dude is like the Energizer Bunny of scammers.

Update, latest incarnation:

The e-mail address for that PayPal account:

Previous scams (in chronological order) likely by the same scammer:


Please report this scammer as badware:

912  Bitcoin / Pools / Re: Payments are not processed? on: May 21, 2013, 08:40:00 PM
But this transaction is nowehere to be found, and needless to say, the bitcoins did not reach the recipient.

That transaction doesn't show up in so it is safe to say it hasn't been sent.

You probably don't want to use 50BTC as an E-Wallet for sending payments to others.  When you request a withdrawal from an E-Wallet, you are simply submitting  a request for withdrawal and that request has to be processed by the E-Wallet operator.

If you had used a wallet that you control (e.g., Bitcoin-Qt/bitcoind, Bitcoin Wallet mobile app, etc.) then the transaction gets broadcast immediately.
913  Bitcoin / Press / Re: NEW articles in Press Forum on: May 21, 2013, 05:28:26 PM
013-05-21 The Verge - Why won't bitcoin die?
914  Economy / Economics / Re: Billionaires hate Bitcoin. on: May 21, 2013, 05:26:15 PM
I also think that the elite are now seeing it as an opportunity to slide in their NWO currency

NWO would not like gold to return as a currency (as it lessens control, having no "issuer") so I'm confused as to why you think they would like to see Bitcoin become more widely used as a currency.
915  Bitcoin / Bitcoin Discussion / Re: A immature thought about bitcoin note on: May 21, 2013, 05:05:37 AM
Also the company promises to pay the note-owner the bitcoin once requested.

Assuming these are for circulation (and not single-use notes), how do you protect against a counterfeit of your bitcoin note being produced from someone who held the note previously and submits it to you for redemption?
916  Bitcoin / Development & Technical Discussion / Re: Reminder: zero-conf is not safe; $500USD reward posted for replace-by-fee patch on: May 20, 2013, 03:21:06 AM
Is it conceivable that a judge could conclude that because the miner was running this replace-by-fee code and received compensation for doing this that the miner could liable for losses by the merchant? [Edit: or charged as an accessory to the crime of fraud even?]
917  Economy / Service Discussion / Re: Dwolla to anything quickly? on: May 19, 2013, 12:08:35 AM
Does anyone know a quick Dwolla USD to BTC method now,

You aren't going to like this ..
Withdraw Dwola to your bank account, and use those funds to buy on Coinbase.

But you might find a trade on #bitcoin-otc marketplace.

Or try finding someone on the Dwolla thread maybe.
918  Economy / Service Discussion / Re: Check if transaction is sent from wallet on: May 18, 2013, 11:33:02 PM
Since it is impossible to double spend and the company is pretty trustworthy how could you determine if a transaction was sent from with the standard bitcoin-qt client?

When a spend transaction occurs, that transaction is relayed to peer nodes, and each peer then relays the transactions to its peers.

So when you Bitcoin-Qt/bitcoind client node receives that transaction, it most likely was several relay hops away from the sender.   The transaction does not include IP information, so there's no way for your node to know any IP information except for the IP address of the node which it got the relayed transaction from.   

So there is no way for your BItcoin-Qt/bitcoind client to know that the transaction was first relayed by's server. itself does show that the transaction came from its own server (reported as Relayed by IP:, but that's because they collect information above and beyond what is sent with the transaction.

You make an incorrect assumption though that a transaction spent using is impossible to double spend.  You can export the private key of a bitcoin address and use that to try a double spend race attack against the transaction.  It isn't often successful, but occasionally can be successful.  (A race attack can be successful perhaps one in 50 attempts, for instance, ... or greater than that or worse depending on various factors.)

919  Bitcoin / Meetups / Re: Bitcoin 2013 (San Jose) Update and Friday pre-meetup on: May 17, 2013, 09:23:18 AM
On that note, since today was such a success I thought it would be smart to set up another meetup for tomorrow (Friday) at 4:00 in the Marriott Bar...

I had walked in the Tanq bar at the Marriott around 5:35 pm but didn't see any group.  Neither the server nor bartender knew of any group there, but had said a group left a bit earlier so I assumed I had just missed everyone.      What you might want to do is let the server and/or bartender know that if any arriving guests are there for Bitcoin, which table(s) you are at.

920  Bitcoin / Meetups / Re: [ANN] Going to Bitcoin Conference 2013 San Jose, CA (Rollcall & Hotel Choice) on: May 16, 2013, 09:49:20 PM
Is there a confirmed meeting spot and time for those gathering ahead of the 6pm GigaOM meetup?   e.g., 4pm at a lounge in the Marriott or something?   I've already bumped into a couple bitcoiners wandering the streets ...  just putting out a place and time is likely to result in a gathering.
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