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841  Economy / Trading Discussion / Re: Interesting conversation with a retailer who formerly accepted Bitcoin on: August 29, 2012, 01:22:56 AM

Specifically for nmteaco - I'm in Australia, and I'm reluctant to order because It's not obvious how the tea is packaged and whether it would get through customs.
(e.g are all ingredients labelled thoroughly so that customs doesn't classify some of it as unidentified seeds/plant material?)


We have never shipped to austraila before. But we do ship pretty regularly to New Zealand, the UK, and the ukraine (oddly enough).

Anyway, if there was some problem, you would not be responsible. Its not good business to charge people money for things they don't get! Smiley

Great!  I'll try a small order and see if it gets through.
842  Economy / Trading Discussion / Re: Interesting conversation with a retailer who formerly accepted Bitcoin on: August 29, 2012, 01:07:42 AM
I think for a business to properly take advantage of accepting Bitcoin - it should cater to a more international audience by providing as much info about labelling, packaging, shipment and possible customs hurdles as possible.

Specifically for nmteaco - I'm in Australia, and I'm reluctant to order because It's not obvious how the tea is packaged and whether it would get through customs.
(e.g are all ingredients labelled thoroughly so that customs doesn't classify some of it as unidentified seeds/plant material?)

The australian customs service website seems to suggest that the herbal teas will get through, if they are less than 1kg and 'commercially prepared and packaged'.
http://www.aqis.gov.au/icon32/asp/ex_casecontent.asp?intNodeId=8867894&intCommodityId=922&Types=none&WhichQuery=Go+to+full+text&intSearch=1&LogSessionID=0

I guess at the moment, providing extra info like that is a bit of a hassle - but down the track, when there are more bitcoin users globally it would surely be worthwhile.
843  Bitcoin / Press / Re: NEW articles in Press Forum on: August 29, 2012, 12:46:47 AM
2012-08-28 theverge.com (video) - Reddit, Bitcoin's woes, and more - 90 Seconds on The Verge

https://bitcointalk.org/index.php?topic=104213.0
844  Bitcoin / Press / Re: NEW articles in Press Forum on: August 29, 2012, 12:45:33 AM
2012-08-28 dailytech.com - "Pirateat40" Makes Off $5.6M USD in BitCoins From Pyramid Scheme

https://bitcointalk.org/index.php?topic=104220.0
845  Bitcoin / Press / 2012-08-28 dailytech.com - "Pirateat40" Makes Off $5.6M USD in BitCoins From Pyr on: August 29, 2012, 12:44:59 AM
Quote
"Pirateat40" Makes Off $5.6M USD in BitCoins From Pyramid Scheme
Bitcoin investors fall for classic Ponzi ploy

Jason Mick
2012-08-24

http://www.dailytech.com/Pirateat40+Makes+Off+56M+USD+in+BitCoins+From+Pyramid+Scheme/article25538.htm

Bitcoins, everyone's favorite quasi-legal internet currency, are still lingering around thanks to strong support from the hacker, future, and technopunk communities. 
...
And of course, the onus for these losses largely rests on those who sent someone named "pirateat40" actual money, and failing to recognize the classic signs of a Ponzi scheme -- inflated interest rates, shadowy management, and unrealistic promises.
846  Bitcoin / Press / Re: 2012-08-28 theverge.com - Reddit, Bitcoin's woes, and more - 90 Seconds on The V on: August 29, 2012, 12:41:45 AM

Thanks.. and damn.. that's 3 times this week I've left the link out. Tongue
847  Bitcoin / Press / 2012-08-28 theverge.com - Reddit, Bitcoin's woes, and more - 90 Seconds on The V on: August 29, 2012, 12:17:00 AM
Video
Just a roundup of recent verge top stories - referring to their recent article already reported here: https://bitcointalk.org/index.php?topic=103859.0

Quote
Reddit, Bitcoin's woes, and more - 90 Seconds on The Verge


TheVerge
2012-08-28

...
you might have read about one ecurrency banker we speculated might be the Bernie Madoff of Bitcoin.
Well.. that story just took a much darker turn.
User pirateat40 has shut down his virtual hedge fund called Bitcoin Savings and Trust along with its reported 5.6 Million dollars of virtual currency.
The suspected pyramid scheme has stopped paying its clientelle and has essentially gone dark.
This isn't the first time an elaborate scheme has cost Bitcoin users real money, but sadly the track record for justice so far is pretty poor.
848  Bitcoin / Press / Re: NEW articles in Press Forum on: August 29, 2012, 12:07:29 AM
2012-08-28 marketplace.org - Stealthy Silk Road website flying high

https://bitcointalk.org/index.php?topic=104211.0
849  Bitcoin / Press / 2012-08-28 marketplace.org - Stealthy Silk Road website flying high on: August 29, 2012, 12:06:51 AM
Audio

Quote
Stealthy Silk Road website flying high

Sally Herships
2012-08-28

http://www.marketplace.org/topics/tech/stealthy-silk-road-website-flying-high
850  Bitcoin / Mining / Re: LargeCoin Pricing Announced; Taking Pre-Orders on: August 28, 2012, 09:33:04 AM
I suspect everyone who pre-ordered is under an NDA - which is kind of annoying, as it leaves no public statement (that I'm aware of) as to whether the project is proceeding or not.
851  Bitcoin / Press / 2012-08-27 micronationhistory.info - Plan announced for exchanging micronational on: August 28, 2012, 03:52:42 AM
Well this is a little off the beaten track, but micronations are a fascinating idea, even if they do seem pie-in-the-sky.
Perhaps the way I currently view micronations and their currencies is how the wider community sees Bitcoin though.. so I'll keep an open mind Smiley

Quote
Plan announced for exchanging micronational currency for Bitcoins

Liam Sinclair
2012-08-27

http://micronationhistory.info/?p=3273

...
BASTION UNION (CS) – For those micronationalists holding currency in the Standardized Currency and Unified Economy (SCUE) bank wanting to make their micronational currency go further, micronational company JeCom International is planning to offer Bitcoins in exchange.
...

The initiative has been well received so far in the community, having been praised as innovative. Said Veen in response to the positive reception, “our virtual economy now has a link with the real world economy.”


I could find very little information on "SCUE" but the following link gives the basic idea.

http://apollopolis.proboards.com/index.cgi?board=market&action=display&thread=14

Quote
6. No currency can be created or destroyed by the signatory nations, except in the manner outlined here and in section 7. Each new signatory nation is entitled to create currency for an initial distribution among citizens of that country, under the following conditions:
a. They shall count how many citizens they have who do not currently hold accounts via any existing signatory nation.
b. They shall be entitled to 7,500 units of currency per citizen counted in this manner, to be distributed as they see fit.

7. In addition to section 6, the member nations may authorise a special, once-off creation or destruction of currency if 2/3 of all member nations agree.

Read more: http://apollopolis.proboards.com/index.cgi?board=market&action=display&thread=14#ixzz24oFRpacv

It's just a federated Fiat system I guess.. hopefully they'll see the light and just come to bitcoin Wink
852  Bitcoin / Press / 2012-08-28 huffingtonpost.com - Chomping At The Bitcoin - The Ups And Downs Of C on: August 28, 2012, 01:12:50 AM
Video - with Roger Ver (Bitinstant/memorydealers),Brian Armstrong (coinbase) , Drew Little ('new economist'/founder of producism) , Neils Vanderlanden (don't buy bitcoin guy!), David Wolman (author of The End of Money)

Quote
Chomping at the Bitcoin - The Ups And Downs Of Cyber Money

Host: Janet Varney
2012-08-24


http://live.huffingtonpost.com/r/segment/5037b5b402a76066bd0000da

also here: http://www.dailymotion.com/video/xt4m31_chomping-at-the-bitcoin_lifestyle
853  Economy / Service Discussion / Re: centralized post of pirate payouts or other related news to the closing. on: August 28, 2012, 12:58:17 AM
Finally, got my 2215 btc interest paid in full... about to sell now while it's still high in value.

tx id or it didn't happen.

Yeah.. no personal insult intended Definit - but it's reasonable for people to want to see proof of this.

The current situation is such that there is incentive for pirate-scheme participants to create a bit of false hope in order to quickly sell off pirate debt at not too heavy a discount.

At least.. that's my perception. I don't really know how much pirate-debt is being traded, nor at what level of haircut.
Frankly, it's surprising to me that anyone would buy pirate debts at even 1% face value - as presumably pirate himself could be creating fake accounts as we speak and releasing them quietly into the market.

854  Bitcoin / Bitcoin Discussion / bitcoin.de ad - English animation. Kinda cheesy - but cool. on: August 27, 2012, 11:36:29 AM
A fun  bitcoin intro and ad for the german bitcoin exchange bitcoin.de

http://www.youtube.com/watch?v=eb0xHN1Dq7M&feature=youtu.be


855  Bitcoin / Press / 2012-08-27 paymentssource.com - Bitcoin Rushes In Where Card Companies Fear to on: August 27, 2012, 11:27:02 AM
(site requires registration to view article - not sure it's a good idea for me to reproduce entire text here - but including some quotes)

Quote
Bitcoin Rushes In Where Card Companies Fear to Tread

Just as the plastic card liberated many consumers from a reliance on cash and coin, alternative payment sources are gaining enough adoption to steal transactions from plastic — with a little help from the very companies these digital currencies threaten.

Bailey Reutzel
2012-08-27


http://www.paymentssource.com/news/bitcoin-rushes-in-where-card-companies-fear-to-tread-3011707-1.html

Bitcoin, the online crypto-currency that hit the market three years ago, is still portrayed by many in the media as if it were a tabloid starlet (criticized for both its famous-for-being-famous rise to prominence and a reputation that is sometimes linked to illegal drugs), but the currency is slowly making its way into mainstream use.

...
"Unlike traditional bank currency that closes on the weekend, Bitcoin is a currency that never sleeps," Matonis said in an interview.
...

Juha Nurmi, spokesperson for Ahmia, which works on Tor-related projects, says the company avoids accepting card payments.

"Bitcoin is something we have been waiting for; unlike any national currency, Bitcoin is the real currency of the global world," says Nurmi, who plans to try to live using only bitcoins next year.

...

Perhaps the line between Bitcoin and the card companies is blurring. A company called BitInstant plans to offer a stored-value card that can fund point of sale payments using bitcoins.

Still, there is a place for a cash-like anonymity in digital payments. "Why lose [anonymity] because we've moved online?" Matonis says.
856  Bitcoin / Bitcoin Technical Support / Re: Blockchain.info "Error pushing transaction Error contacting relay node" on: August 27, 2012, 09:57:10 AM
I'm getting this error today.

If this is something that can just happen every now and then - the blockchain wallet really needs some way to save it as a 'pending' tx to push out later.
As it stands... I seem to have to rescan/reenter the address and remember to do it again.
857  Bitcoin / Press / 2012-08-26 economicpolicyjournal.com - Fascinating: WikiLeaks Bypasses Financial on: August 27, 2012, 12:12:09 AM
This is a short post regarding the recent Jon Matonis wikileaks article: http://www.forbes.com/sites/jonmatonis/2012/08/20/wikileaks-bypasses-financial-blockade-with-bitcoin/
by economist Robert Wenzel

Quote
Fascinating: WikiLeaks Bypasses Financial Blockade With Bitcoin
This is big for both Wikileaks and Bitcoin.

Robert Wenzel (Editor & Publisher EconomicPolicyJournal.com)
2012-08-26

...
The ultimate success of bitcoin will depend on the number of people and organizations that use it as a way to operate against interventionist and snooping government. The more government puts pressure on  financial  transactions by monitoring and controlling transactions, the more it will drive people to use bitcoin,
...

858  Bitcoin / Press / 2012-08-26 forbes.com - Economist Appearing On Max Keiser Show Forced To Resign on: August 27, 2012, 12:05:25 AM
Quote
Economist Appearing On Max Keiser Show Forced To Resign

Jon Matonis
2012-08-26

http://www.forbes.com/sites/jonmatonis/2012/08/26/economist-appearing-on-max-keiser-show-forced-to-resign/

...
Frequently, I find myself challenging the orthodoxy of the Mises’ Regression Theorem on the origin of money when it comes to the nature and value of bitcoin as money.

Mises has written that, “Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.”

While I and other Austrians wholeheartedly agree with Mises on this, the notion of a decentralized bitcoin has eluded many in the economics profession.
...
859  Bitcoin / Press / 2012-08-25 americanbanker.com - The Week In Banking (video) on: August 26, 2012, 08:35:33 AM
Quote
The Week In Banking

Marc Hochstein/Daniel Wolfe
2012-08-25



http://www.americanbanker.com/video/paypal-discover-dunkin-starbucks-bitcoin-mastercard1052104-1.html
http://bcove.me/niuc65ib  (video only)

Bitcoin briefly discussed from 1:10

...
Another alternative payment system... *really* alternative payment system.. is ah.. going a little bit more mainstream.. is Bitcoin.

I finally actually used Bitcoin this week.. it is very hard to get in and out of that system.. to acquire the currency.. but once you're in - it is butter smooth.
I sent some money to a guy in London just to test it out... he had it within minutes.. and it cost me.. like, some fraction of a penny.
...
There is a company called BitInstant here in New York - they are coming out with a way that is trying to ease the choke points to get in and out of that system so they're gonna have
a prepaid mastercard in 8 weeks... where you can convert your Bitcoins that you're holding in your Bitcoin address to dollars that'll be held on this card.
So.. you can send money using Bitcoin, but you can now spend it at the mall.
...

860  Bitcoin / Press / 2012-08-24 gigaom.com - Why WikiLeaks is worth defending, despite all of its fla on: August 25, 2012, 12:05:07 PM
Just one mention of Bitcoin - including a link to the Jon Matonis article: WikiLeaks Bypasses Financial Blockade With Bitcoin at Forbes.

Quote
Why WikiLeaks is worth defending, despite all of its flaws

Mathew Ingram
2012-08-24


http://gigaom.com/2012/08/24/why-wikileaks-is-worth-defending-despite-all-of-its-flaws/

...
There has been little or no coverage — at least from the mainstream media — about the effects of the ongoing financial blockade of WikiLeaks that was instituted last year by PayPal and Visa and MasterCard (which the organization is trying to get around by usingthe peer-to-peer money system known as Bitcoin ) or who might be behind the recent denial-of-service attacks on WikiLeaks that seem to have been orchestrated by U.S.-based sources.
...
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