bitcoin wont solve the problem. WTF are you talking about? Did you read? Thats like saying google can pay the developers in marijuana and that will solve the problem because it is outside of the control and scope of the state.
bullshit.
In this case, bitcoin is no fucking different than dollars except dollars have a bigger infrastructure.
seriously, folks saying bitcoin will solve this, walk me through what the fuck you mean as if I eat paint chips for a living. Because basically you are advocating that google break local laws in order to solve their local law problem.
I do say this applies to bitcoin as Argentinian bitcoin miners are breaking the law every time they sell their coins and dont get permission from the government first. Since you know, bitcoin, like us dollars is a currency.. and the illegally is currency exchange. I supposed bitcoin would be a solution if bitcoin was adopted en-mass in Argentina and the government allowed it. I mean if you could pay your rent with bitcoin you wouldnt have to exchange it for Argentina dollars. OTherwise it has the exact same problems dollars do.
Lmao you essentially go against your own argument ... |
|
|
|
|
interesting idea.
i'm not technical enough to implement this but i see a few issues, some of them appear in your original thread on this.
1) how do you solve the issue of broadcasting bids in an efficient and timely manner? even though some of us may not like high frequency trading with bots they do serve a purpose for price discovery and liquidity
2) how do you solve the issue confirmation of trades in a timely manner
I like this part of your idea, except I don't understand how you incorporate fiat unless you make a fiat backed crypto which 1 company controls, and destroys if a trade occurs and the accepting user transfers back into a bank account:
5. Have three-user (trustless) trading
- how about 2-user trust-less trading between crypto-Fiat and 'BTC' and using escrow for remote exchanges of crypto-Fiat for bank-Fiat?
|
|
|
|
Is this bad news for bitcoin?
i would think it's good news |
|
|
|
i've tried to change my photo a few times and nothing seems to upload, I don't even get an error msg
what am i missing? is there a particular size in px that it needs to be??
nevermind i guess it worked just didn't change on the profile page, must be some cache issue |
|
|
|
|
i've tried to change my photo a few times and nothing seems to upload, I don't even get an error msg
what am i missing? is there a particular size in px that it needs to be??
|
|
|
|
Maybe the solution is the price of 1 USD + 49 BTC? We have proof of payment for 1 USD and customs are happy  Good idea. I would suggest 49.5 BTC + $ 39. lol then they charge you 20% vat on that... no... try looking up sample invoices online, fill it out with $39 and the details of the company in china or whatever and send it to them |
|
|
|
|
anyone know what the parameter is to limit the payment tx to a miner so that it only get's sent out when they reach a certain threshold?
I'm getting these tiny micro payments every hour and it's causing litecoin qt to try to charge me 3.4 ltc just to send out 11 ltc!!
|
|
|
|
|
yea i think this is due to incorrect p2pool settings, they need to be adjusted so that you don't get these tiny micro transactions coming through...
it wanted to charge me 3.4 ltc to send 11.19 ltc... wtf...
|
|
|
|
|
This card does not work, the fans turn on but it does not post. 1 of the fans is also missing a blade (which I have), perhaps someone can use it for parts. It is from the usa so too much of an effort for me to send it back to visiontek for the warranty.
Shipping from sweden. Make best offer plus shipping.
|
|
|
|
|
Our idea was to make some kind of wallet and accounting system that allowed people to track what they spent their bitcoins on or what they received them for so they could have control over their finances. But moved on to other ideas.
Make an offer if you want it
|
|
|
|
|
Cant u just send the btc back to the originating address? Why is that so difficult? You get an envelope in the mail with a check made out to cash. You either return it to the sender or you cash it.
|
|
|
|
From the article: Bitcoin exchanges will now likely be required to have money transmitter licenses in all 48 states to operate across the country
Umm...is it 2013, or is it still 1957 wherever this was written? It is because the federal govt only has control over interstate commerce not intrastate commerce, it is buried somewhere in constitution  Commerce clause and 10th amendment |
|
|
|
Markets frequently see periods of low volatility and consolidation around a price level before making large moves higher. Fixed that for the author. Markets are just as likely to break out negatively after low volatility and consolidation as they are to break out higher. I am bullish on Bitcoin long term but these kind of claims are just garbage. Agree, pure speculation |
|
|
|
I don't fully understand how Coinbase operates, how exactly are they not a money transmitter, you send them money and have bitcoins sent to you. Are they simply having Mtgox send the bitcoins?
Because bitcoin isn't "money", and buying and selling stuff isn't a money transmitter. according to the US govt it's convertible virtual currency. but regardless bitcoin is a store of value, and that's what these state regulations cover. furthermore, one can trade and transmit this value, and then later retrieve it. they are hiring someone with AML experience... https://coinbase.com/jobsi have an interesting call with a big state regulator on this matter next week, in particular whether anyone operating a ripple gateway falls under these regulations as well |
|
|
|
Yup, look at California. 5K fee just for the chance to register. there are only about 25 companies registered for the entire state (google, square, western union).
You actually make it sound easy. So that everyone knows, it is not the Federal government that is the problem, it is in fact the states. Really, I do? Just the things I list out (having lawyer, trained staff, formal business plan, lots of money, etc) are easy to do? Perhaps I need to work on my writing style?  |
|
|
|
|
not worth your time to sue over this ... and anyway look at the price of BTC it's about as exciting as watching paint dry
|
|
|
|
|
you mean the new generation is moving to having no cash at all lol
more like generation Broke unless something happens!
|
|
|
|
|
woah china has more nodes than the US
|
|
|
|
i was playing this drinking game last night with friends when we realized that we were protecting out chickens. anyway the plastic coin tokens actually have chickens on them  |
|
|
|
|
right now there is not a lot of new money flowing in yet as some of the VC investments have been made that will change over the next 3-6 months as they start making results.
also a lot of money is flowing to cost of ASICs - I'm pretty sure those Chinese factories aren't paying their workers in BTC, yet. and you have opportunities happening in the IPO market which are making people money within the internal economy of BTC.
hard to say, but if i were a betting man, and i am, i would say bet on btc being quiet a bit higher than the last high next spring.
|
|
|
|
|
Show Posts
