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901  Bitcoin / Press / Re: BitcoinATM Press Demo, San Diego CA May 2 2013 1PM on: April 30, 2013, 10:47:21 PM
If anyone from BitcoinATM wants to chat with Bitcoiners, an event downtown San Diego is this evening:
902  Bitcoin / Technical Support / Re: Transaction sent 12 hours ago still nothing on on: April 30, 2013, 09:28:39 PM
I regularly send tx's when out of sync (with all versions of the client I have used) - where did this idea that you need to be in sync to send a tx come from?

Are you saying they are being broadcast to the network before it has reached sync?  If so, is this from the Bitcoin-Qt or sent via API with bitcoind?
903  Bitcoin / Technical Support / Re: what to do ? 2.5 BTC lost forever? on: April 30, 2013, 08:25:28 PM
I've never ever in my life used send to many command, even dunno how to type  it properly

When Sending using the Bitcoin-QT client there is a green "+" for "Add Recipient" at the bottom.  But if that's not what you did then that doesn't explain it.
904  Bitcoin / Technical Support / Re: Transaction Shows On blockchain - Nothing In Wallet. on: April 30, 2013, 08:12:12 PM
client is totally synced too.

If it shows confirmations on it definitely should be appearing with your Bitcoin-Qt client as well.

Try launching your client with -rescan.

905  Bitcoin / Press / Re: 2013-04-30 Bitcoin’s Biggest Impact Could Be Changing How Others Build Products on: April 30, 2013, 07:08:05 PM

The question on Bitcoin was right at the end, about 24:15 in.

Gumroad uses Stripe so there was really only two companies interviewed -- Stripe which allows online merchants in a limited number of countries to accept payment cards for e-commerce payment, and PayPal.

Jon Matonis nailed it when (in one of his articles) he described Bitcoin as being the elephant in the room.   They simply are ignoring Bitcoin because, today, they can.

Bitcoin is doing what they can't afford to do due to them being hobbled by AML regulations.
906  Bitcoin / Hardware / Re: Detailed projections of total ASIC shipments and effect on hashrate on: April 30, 2013, 02:00:50 PM
This is a fantastic compilation.  It shows how common expectations in the short run were overblown (we still aren't much more than 3X the difficulty from Jan 1st) but how in the long run we can't even imagine the capacity coming onboard.

I'd love feedback if folks have other data, corrections, alternate interpretations, etc:
For the "Days to recoup a 20 BTC expenditure on a 50gh rig:", ... that assumes you can still buy a 50 gh/s rig with 20 BTC.

907  Bitcoin / Bitcoin Discussion / Re: MtGox owns the bitcoin name. on: April 30, 2013, 03:16:34 AM
It seems Mr. Karpeles (MtGox) has owned the name for a while now,

From another thread:

hey mr. karpeles please challenge me in court over this i'd love to show you how trademark law works
We registered the Bitcoin trademark to protect it and allow anyone to use Bitcoins without risking to be attacked by our Pascazi friends (or other people).

More people using Bitcoin freely is of course good for our business. Some US lawyer registering the trademark in various countries with plans to profit from the registration and not by allowing more people to use Bitcoin is bad for our business.

We didn't register the trademark for the purpose of preventing others from using the word Bitcoin, but to protect ourselves and our customers from people who have this kind of mindset.
908  Bitcoin / Technical Support / Re: what to do ? 2.5 BTC lost forever? on: April 30, 2013, 03:12:33 AM
When I import it it's balance and transactions are the same as on this screen shot.

Here's the transaction:

It doesn't make sense that there are two transactions showing if you only sent the transaction to one address.   The Bitcoin-Qt client will send change to another address from your wallet but when it does that it will not show as a separate transaction because it is just change back to yourself.    In this instance, it looks like you created a multi-output transaction yourself (e..g, using the "Add Address" button and pasting a second address to send the 2.5 BTC to.)   If that wasn't something you had done then I'm stumped as to how this occurred.

909  Economy / Service Discussion / Re: BitcoinATM Exchange? on: April 30, 2013, 01:44:38 AM
Any news or thoughts?

BitcoinATM is announcing its grand inauguration and launch press conference and reception. BitcoinATM will be unveiling its G6000 BitcoinATM at the Hotel Del Coronado in San Diego, CA on Thursday, May 2, 2013 at 1pm.

This is open to the press.  I'm sure there will be an article or two on it.
910  Economy / Service Discussion / Re: Beware of Bitcoin Central on: April 30, 2013, 01:39:37 AM
When I tried to transfer the money, my bank called and asked me if I really wanted to do so, because they´re on my bank´s blacklist. So Bitcoin Central really must be scammers. they wouldn´t be on this list if they haven´t done something illegal/scamming.

Please don't make defaming remarks with no justification.  

Banks are blacklisting Bitcoin exchanges because the security model that banks employ is woefully inadequate so blacklisting Bitcoin exchanges is easier than dealing with the security issue that remains.(e.g., implementing two factor authentication as a requirement to make a bank transfer online).

Also, if you weren't aware, Bitcoin-Central is currently not accepting new deposits nor performing trading:

Last year they announced plans to integrate with a banking network partner for the exchange's EUR accounts.  
911  Bitcoin / Development & Technical Discussion / Re: Seperate chain for transactions on: April 29, 2013, 10:34:12 PM
If here is enough positive feedback I'll work out some details.

Sounds like Ripple.  Or Open Transactions.    Or redeemable codes from an issuer with money transmitter's licensing.
912  Bitcoin / Technical Support / Re: [update] Re: What happens to unconfirmed transactions? ( on: April 29, 2013, 09:16:13 PM
I would say that currently there are two barriers to bitcoin being a useful micro payment system:

Bitcoin's reason for existing is to be a payment system that is resistant to external control.

It accomplishes this through distributed storage and decentralized verification process.  

This is expensive as every transaction is relayed to and stored on each node.

Therefore, microtransactions on the bitcoin blockchain are not a good idea.  You can do it today, but the costs (transaction fees) will be relatively prohibitive and results inconsistent (read frequent delays in getting confirmations).

Services that truly require microtansactions (e.g., digital goods sold for pennies a piece, etc.) can implement an E-Wallet so that customers can transact using fewer, larger payments.

Or you might consider something like Ripple.
913  Economy / Service Discussion / Re: MT Gox AML No Response on: April 29, 2013, 08:59:24 PM
Is there nothing I can do?

Your number in the verification queue will tell you how close you are to being verified.
914  Economy / Service Announcements / Re: [ANN] is adding prepaid phone cards! on: April 29, 2013, 08:54:39 PM
T-Mobile To Go Prepaid Wireless Airtime Minutes Refill - 10/25/50 increments

That says "prepaid" but it will work for adding funds towards payment of a monthly plan as well.  Redeem here:

[Edit: I tried to redeem a prepaid card to my postpaid plan and the redeem form would not get past the part where it asked for my phone number, giving the error message "This is not a valid T-Mobile phone number. Please re-enter your phone number.".  Too bad, would have been a nice way to pay my mobile phone bill.]
915  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: April 29, 2013, 08:48:37 PM
Editor's note: BFL claimed shipping on 4/22.

I saw that. It does not explain why betting was closed.

Probably made the assumption that the device shipped met the criteria, and thus the outcome known at this point.  I'm presuming what shipped doesn't meet the criteria thus the bet should remain open (as there could be yet another product shipped before the deadline that does meet the criteria).
916  Bitcoin / Bitcoin Discussion / Re: Bitcoin 2013: The Future of Payments - San Jose, CA - May 17-19, 2013 on: April 29, 2013, 08:34:01 PM
On Thursday before the conference is:

GigaOM Bitcoin Meetup 5/16/13 6PM - 9PM
917  Economy / Trading Discussion / Re: So how on earth am I supposed to get bitcoins in the UK? on: April 29, 2013, 08:09:18 PM
wot do now?

You mean because TransferWise no longer allows withdrawal to Bitcoin exchanges?

CurrencyFair is about the equivalent of TransferWise.
918  Bitcoin / Press / Re: 2012-04-29 - The Elephant in the Payments Room on: April 29, 2013, 07:03:05 PM
From Wikipedia:
"The wisdom of the crowd is the process of taking into account the collective opinion of a group of individuals rather than a single expert to answer a question."

While angel and venture capital investors may be smart, for whatever reason they,to-date, have been more interested in technologies, companies and processes that essentially become obsolete after bitcoin picks up steam.

Here's an example:

Those with means don't often hear the word "no".  Before bitcoin that was all that the person who would like to play some video poker online had heard.   Investors might want to start seeing where Bitcoin changes "no" to "yes".

When is the last time an investor couldn't go shopping due to the bank having a 3-day hold on deposits?  Of course, never.   Banks only impose these restrictions on those without means.  Bitcoin makes no distinction.  As a payment network with non-repudiable transactions that means there is no such concept of "holding funds".

So that's an example of where an investor's perspective might be so different that the need for Bitcoin or a bitcoin-related business isn't being appreciated.

But there are also bitcoin-related opportunities for online businesses and venture capitalists with the businesses they already have investment in.

When is the last time an investor got a free beer or a nice dinner as compensation for providing helpful advice?   Probably yesterday, as there is no shortage of people willing to provide compensation (in the form of an invitation to coffee if nothing else) to obtain some of an investor's time.  But ask your smart friends how often they got rewarded for providing advice and the answer is likely "rarely if ever".  Or at least, it didn' t before the BitcoinTip bot on Reddit was around.  Now instead of getting rewarded with fake badges, "karma points" lame credits, and +1s these contributors get rewarded instead with something they can use to improve their quality of life.    Every social network or support service could use this type of monetary feedback mechanism to incent participation.

So it isn't just financial industries that bitcoin will disrupt -- but businesses across the spectrum.
919  Bitcoin / Press / Re: NEW articles in Press Forum on: April 29, 2013, 06:10:15 PM
2012-04-29 - The Elephant in the Payments Room
920  Bitcoin / Press / 2012-04-29 - The Elephant in the Payments Room on: April 29, 2013, 06:09:45 PM
The Elephant in the Payments Room
by Jon Matonis

We are witnessing something unique in money and payments.  For those that do invest and successfully navigate the potential traps, the reward is a first-mover advantage for a new international monetary unit.
Here's the important part. Disruption in the unit of account is the way to disrupt the payments space.
With a nonpolitical monetary unit, many new possibilities become apparent structurally that would not have been contemplated before, such as: peer-to-peer mobile applications that don't require permission from legacy transaction carriers; global remittances that don't require high-fee currency conversion; merchant categories that are no longer disallowed due to fraud and chargeback risk; and merchant reach into countries that are not even on the map for Visa, MasterCard or PayPal.
Disruptive technology disrupts. That is its mission. It annihilates any substandard process or product in its path and it originates outside of the established paradigm. You don't see it coming.
A payments startup that ignores Bitcoin in its strategic plan is like a publisher ignoring the Web in 1999. Certainly, innovators can design routes around Bitcoin and established players can dismiss it as insignificant, but that won't make the elephant go away.


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