you need firstly, to reach a full member status at least, then you can join one of those signature campaign and start earning, but read te rules first, not all section are allowed
I find this thread funny. As for earning, he can also enroll in campaigns that take in Members and newbies. Op, Check out the overview campaign for signature campaign
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if you sell them face to face, there shouldn't be a problem, they can't track you
and if you pay the taxes at the end, i don't see how it would be illegal to sell bitcoin, but i'll try to stay below 1k a day, because of the AML
You still might get in trouble,, as I wouldn't trust cops to just sit back and watch. They might get involved in a trade as well. Here is an indictment from one of the forum members; http://www.scribd.com/doc/248973784/Bitcoin-indictment . Beyond 1000$ you are considered to be running money transmitting business affecting interstate and foreign commerce
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I think it will advance to around $325-$350 level before it will slowly go down again.
Can't really see it going higher than $400 level this year. Of course I hope I'm wrong, but that's what I think.
Even if that happens, I just hope we are able to stay at that amount with a strong support instead of falling. Because if a fall happens at that point, we might quickly go below 300 again, that is if we rise above to that level
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Here is a stack exchange question on the same topic I also found : http://bitcoin.stackexchange.com/questions/12559/legal-issues-banking-issues-selling-bitcoins-to-people-otc . I will just add it to this discussion: this is from an answer on stackexchange. Note: This is a US-centric answer. Other countries may differ. I'll add other countries as people leave comments. 1 There is an arbitrary limit of $1,000 per person per day that triggers the necessity to register as a money service business. Stay under that FinCEN is unlikely to care about you, although you still may legally need to register for smaller transactions. 2 As long as a single transaction does not exceed $10,000, your financial institution should not file a Suspicious Activity Report. You are best opening an account at an institution separate from your personal, general use accounts. 3 Try to keep cash liquid. Buy local, sell local. If you've got enough volume, use money orders to get fiat into your exchange of choice. It'll cut into your profits a little, but it reduces the number of parties privy to your transactions. Do not fraudulently fill out money orders. 4 Keep solid books that include the fiat price at the time you purchased your bitcoin and the price of sale. This will help you calculate capital gains taxes. Pay taxes. Assuming you're in the US, this means paying taxes quarterly instead of yearly, unless you expect to owe less than $1,000. 5 If you do register with FinCEN, please document the process and broadcast here, on BitcoinTalk, and on /r/bitcoin. Be truthful, upfront, and, most of all, careful. When in doubt, talk to a lawyer.
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I heard that some people have been arrested and charged with "transmitting money without a license" for selling Bitcoins.
Does this mean it is illegal for me to sell my Bitcoins?
Its kind of a grey area, but I do think in the US, it still might be illegal. But I don't see anyone getting in serious trouble for it, unless you get involved yourself in a large amount of trades . However in a lot of other countries, the government just doesn't care.
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Dell comes to mind. And the big companies which do not accept 100% in bitcoins, never hold the amount. SO they never get affected. And they don't dream of becoming millionaires by holding that amount of BTC .
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Whats the point of the analysis until we know who the winner of that block of the auction is ? Anyways the list of the winner should be out this week.
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because people realized that the $200 was the lowest it could get, no one is selling and mostly people are accumulating again. so the price is going to go up for now
I wonder till what amount will that be true. Because if its beyond a particular level then it might crash and come all the way down.
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I don't really see an end soon enough. Like others said its just the beginning right now, and we will almost certainly reach 300 soon enough. Beyond that it would be hard to comment on, but I would only expect to go up after that
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were it an inside job?? I wonder why so many exchanges had been hacked? are their security the emperor's new suit? Its rumored to be an inside job as a cold storgae with 2 million dollars just doesn't get hacked so easily. As for the security , no one can comment about it. They just say its gone, and we are supposed to believe it Its actually confirmed to be an inside job. They won't even comment on how they got a cold storage hacked so easily.
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Best to ask this question in the speculation thread. Its mostly because the interest is increasing and the number of buyers are increasing as well.
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Interested, by gift cards, is it limited to iTunes gift cards only? Can you gift/buy gift cards for Canadians?
Is there a difference in the Itunes store between US and Canada as well ? Shouldn't the same card work in both ?
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Thats just another doubt I have. Its easy to have tennis /Golf/Billiard games rigged, but its not easy in terms of Basketball, as the ethics of the entire team might not align to have it fixes.
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@sherby, that might be true. I am not much aware of what MTGox did before. Best thing to do then is not keep your coins on any exchanges/with any third party
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I feel its already a global currency as its the only digital currency which currently allows people to send money without spending more than a penny.
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Tired of them promises.. wait another 2 days for "trades, new design??? " who need this shit right now? When everyone need to save money from bter.
Proly that scamers just enjoy mocking users?
The same thing that bitstamp did, new design for attract more new user/customers. However I do not think that bter needs a new design but I think they need someone with more knowledge for set up a secure (and real) cold wallet for the future. Bistamp first refunded users then tried to attract more people :| Lin think only about self interests.. He is trying to save exchange by holding user's alt coins. They think if they woun't let us withdraw coins, they can reopen exchange like nothing happend and people will continue to trade there? Fact that alt coins fall in price due to raising btc do not bother them i guess. Although i still do not belive they will open withdraw not will ask for another week for "another design". I don't know the real reason behind it, but the volume on bitstamp have actually been affected after the hack. As for bitstamp, I still respect them for being able to refund the coins, and it doesn't really matter if they have come back.
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Auction coins are on the move.
Has it been decided who won the auction coins already ? I thought the list was to come out on 9th and 10th of March that is today
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Well, I doubt it will get any of us to even trade on their site, after all that happened. They have already lost all of the trust they had. No way, I would put my money on the site, even with the guarantee of it being safe, as thats what a cold wallet essentially was.
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Being in the US, isn't it just possible to create a google voice account right away ? Just curious as to why they are priced at 2$ then.
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Whats the point of having such account as the balance is probably not going to be withdraw able anyways , probably it being a hacked account or something.
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