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901  Bitcoin / Press / Re: NEW articles in Press Forum on: May 10, 2013, 07:53:23 PM
2013-05-10 Video: Kashmir Hill's Week Of Bitcoin
902  Bitcoin / Press / 2013-05-10 Video: Kashmir Hill's Week Of Bitcoin on: May 10, 2013, 07:52:58 PM
Video: Kashmir Hill's Week Of Bitcoin

Forbes writer, Kashmir Hill, invited Bitcoiners to join her for a dinner at Sake Zone in San Francisco to celebrate the conclusion of her Week Of Bitcoin series.   In her video she interviews some of those who joined her.

903  Bitcoin / Meetups / Re: [ANN] Going to Bitcoin Conference 2013 San Jose, CA (Rollcall & Hotel Choice) on: May 10, 2013, 01:39:05 PM
bar raids sounds great.

Would someone coming from where NEFT is sold (e..g, Europe) be willing to pick up and deliver a bottle can drum barrel (1 Liter) of NEFT?  PM me please if interested.  This is solely for me to further my research into ways that Bitcoin is being marketed, of course Wink  :

904  Bitcoin / Bitcoin Discussion / Re: Is my bitcoin wallet address traceable back to me? on: May 10, 2013, 03:35:09 AM
I am just now learning about and using bitcoin. So my question is, if I want to publicly display my bitcoin wallet adress somewhere to receive monies (BTC) is there any way for that wallet address to be traceable back to me and they can find out who is the owner of that BTC wallet address?

Every Bitcoin transaction is traceable.   If you publicly give out a Bitcoin address that makes it even easier to tie that address to your identity -- especially is that "public display" is on a web page indexed by Google or some other search method as then it is as simple as Googling that address. 

For improved privacy, use a different Bitcoin address for each transaction (i.e., give out the address for each request).  There are techniques to obtain =an even greater level of privacy (e.g., shared send from, or mixing service).
905  Bitcoin / Development & Technical Discussion / Re: Sending coins to trash -- probably the biggest threat to bitcoin on: May 09, 2013, 10:21:51 PM
I'm afraid it's not quite that simple... So, assuming that the BTC-based economy will eventually flourish, can you imaging the ripple effect an act of trashing a single bitcoin could have on that economy?
You have an imagination of some sort techno-taliban: like if dynamiting the Buddha statues would damage buddism.

This recurring and overblown worry about lost coins has me wondering of the source.  

I'm presuming this has little to do with truly protecting bitcoin, but instead is all about getting a foot in the door with some method of demurrage (call it reclaiming of "lost" coins or whatever).   Get that implmented and then a protocol change for currency inflation or some type of taxation is just an incremental step further.
906  Economy / Trading Discussion / Re: New to investing - a question on stop loss orders on: May 09, 2013, 08:43:40 PM
Does any exchanges offer this function?

No market exchanges in which you are buying or selling bitcoins currently offer this.

It has been something discussed for years though.  Camp BX's site has mentioned them since its June 2011 launch, for example.

907  Economy / Service Discussion / Re: Family member - SEPA/IBAN send money on: May 09, 2013, 08:32:25 PM
I have a mtgox verified account, but I'm not sure if I can add a family members bank account to my mtgox account. 

That's correct -- you cannot withdraw from Mt. Gox to someone else's account.

The other person is free to create a Mt. Gox account and then withdraw the funds that way, however there's no guarantee they won't be subjected to the requirement of having to verify an account.

There are other SEPA exchanges with less restrictions.   I believe with BITSTAMP you can specify the account for a SEPA withdrawal at the time of the withdrawal, therefore you could enter a family member's account at that time -- presuming it is below their AML restrictions.

Another method is to arrange a local transaction.   For instance, with you would arrange to have the family member pick up cash from a buyer.  How that would work as a three-way transaction is where you would arrange everything, then release the bitcoins when your family member confirms that the buyer is there with cash in a face-to-face trade and then you release the coins at that time:
908  Economy / Trading Discussion / Re: As a store owner who accepts bitcoins, anyone who wants can track my income on: May 09, 2013, 07:45:48 PM
how about use one address for a day and the next day use a new address. This way they will not know your total take in and easier for owner to manage.

What if you had two customers pay the same amount at about the same time?  How would you know which customer paid and which didn't?

The proper way is for there to be a new Bitcoin address for each transaction. 

Shopping cart / E-commerce software already accommodates this.  Use a third-party payment processor if you want (e.g.. BitPay, Coinbase, etc.) and you'll never have to know nor care what a Bitcoin address is.

909  Bitcoin / Development & Technical Discussion / Re: Can bitcoin support a blockchain that is 1000 times bigger? Is it scalable? on: May 09, 2013, 07:38:37 PM
We are gonna have 1000 times more transactions a day.

Well, there are per-block limits, though those are increasing and not permanent.

Can the bitcoin network/clients can handle such a huge blockchain?


910  Bitcoin / Press / Re: 2013-05-09 - US Regulatorís Confusion Around Bitcoin Is Exac on: May 09, 2013, 05:45:47 PM
Now all we need is for the SEC to define Bitcoin as a security and we'll have a regulatory trifecta.
911  Bitcoin / Press / Re: NEW articles in Press Forum on: May 09, 2013, 05:44:43 PM
2013-05-09 - US Regulatorís Confusion Around Bitcoin Is Exac
912  Bitcoin / Press / 2013-05-09 - US Regulatorís Confusion Around Bitcoin Is Exac on: May 09, 2013, 05:43:56 PM
US Regulatorís Confusion Around Bitcoin Is Exactly Why No One Wants Them Involved
by Phil Archer

[CFTC's Bart Chilton] stated on 'In essence, weíre talking about a type of shadow currency, and there is more than a colorable argument to be made that derivative products relating to Bitcoin falls squarely in our jurisdiction.'
Bitcoin clearly does not derive its value from the future purchase of an underlying asset. Therefore, if the CFTC plans to regulate bitcoin, they must consider bitcoin either a commodity or forex, with the intent to regulate bitcoin forex or bitcoin derivatives.
Since bitcoin is not the currency of a foreign government, but rather the first global currency, it would seem their power to regulate bitcoin as forex does not apply.
Bitcoin being declared a commodity would create an interesting contrast with fincenís March guidance requiring bitcoin exchanges to be registered as Money Service Businesses (MSB).
So it seems the US Government has no idea how to classify bitcoin: is it a currency or a commodity? Any CFTC ruling would likely declare bitcoin a commodity and put it in a Schrodingerís Cat state Ė it would coexist as both a currency and a commodity.
FinCEN was forced to create a new definition for virtual currencies, and we expect the CFTC to do the same. However, those living in fear of what the CFTCís decision may hold should have solace in the fact that any regulations will be largely unenforceable anyway.

913  Bitcoin / Development & Technical Discussion / Re: Initial replace-by-fee implementation is now available on testnet on: May 09, 2013, 05:03:13 PM
Regarding the reward,

For context on that:

Someone by the name of John Dillon ( emailed the bitcoin-development email list earlier this morning offering a $500USD reward to anyone who implements a transaction replacement-by-fee patch.

That thread is:

Reminder: zero-conf is not safe; $1000USD reward posted for replace-by-fee patch

914  Bitcoin / Bitcoin Discussion / Re: Need to buy bitcoins ASAP on: May 09, 2013, 04:25:12 PM
I am in India, but the point is I need to do some type of bank transfer or something online so in that case it seems irrelevant where I am at because I need to do everything online.

Deposit cash in India:

915  Bitcoin / Press / Re: 2013-05-06 NY Times: A Push for a Bitcoin Buttonwood on: May 08, 2013, 03:09:51 AM

Popper has been around Bitcoin enough to know how it works, but then he writes:

In order to transfer the online currency, Mr. Rossi used his smartphone to take a picture of the graphic code on Mr. Gundenís phone, which provided access to his bitcoin account.

With readers not knowing that Bitcoin doesn't have "Bitcoin accounts", I suppose this was just a way of describing how the buyer, Rossi, learned where to send the payment to. 

But that was a poor way to describe it.

916  Economy / Gambling / Re: mem's BITCOIN GAMBLING LIST on: May 08, 2013, 01:23:21 AM
Mem, please take BitLotto off the list, or move it to scammers section.

It was all just a long con, apparently.

The site is still online and people are still placing wagers, possibly after seeing bitlotto from Mem's List.

917  Bitcoin / Press / Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey on: May 08, 2013, 12:36:11 AM
elite protect their turf

Here's a thread on the topic:

Billionaires hate Bitcoin.
918  Other / Beginners & Help / Re: Anyway i can get BITCOINS instantly in the uk? any trustworthy vendors? on: May 07, 2013, 10:14:03 PM
Transferwise is now dead,

Just to clarify that, ... Transferwise will no longer allow you to withdraw to a Bitcoin exchange. 

CurrencyFair still does, I believe, so that's a substitute for Transferwise.
919  Bitcoin / Press / Re: 2013-05-07 Wired: Wary of Bitcoin? A guide to some other cryptocurrencies on: May 07, 2013, 08:20:12 PM

Sigh ...

In a 51 percent attack, someone takes over enough nodes to effectively dictate that their own version of the blockchain is accepted over the legitimate one. If that happens, it becomes possible to counterfeit bitcoins,

The risk of loss during a 51% attack is where coins are sent and then the attacker broadcasts blocks in which these funds are spent again.  So the risk is double spending of the same funds.  That is not counterfeiting where coins that are not legitimate are in circulation.

There's a big difference (though if you were the party that saw losses due to the double spend you might not care that there is a distinction).
920  Bitcoin / Press / Re: NEW articles in Press Forum on: May 05, 2013, 02:41:39 AM
2013-05-04 - Living On Bitcoin For A Week: Bitcoiners Are The New Veg
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