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241  Bitcoin / Press / Re: 2013-10-27 USA Today - Wolff: How CEOs are clueless about technology on: October 28, 2013, 09:35:12 PM
Quote
... Here's a story recently related to me by a guest at a White House dinner, which included Google's Eric Schmidt: The president, whose most important job is surely to protect the integrity of the monetary system, smugly asked Schmidt if Bitcoin, one of many growing challenges to currency hegemony, was anything he had to worry about. ...

So, Obama has been informed about Bitcoin, but obviously he is still on the "laughing at" stage of Bitcoin learning curve. Let's wait and see how fast he will be progressing...

I don't know. If true, this wasn't a snide comment to a reporter, this was a question asked of Eric Scmidt. I'm very curious about who introduced the topic and in what context.
242  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 28, 2013, 04:37:44 PM
You know, instead of free entry for women, or attracting women with wealthy guys and sports cars, why don't we just spend the next few months (years?) focusing on getting more women actually interested in bitcoin? That would be quite a bit less sexist. Plus if you meet single bitcoiner women there, you'll already have something in common.

+1

If I were female, this thread would discourage me from attending.

Honestly, I don't think it will be an issue. The San Jose conference, while still mostly male, had a significant number of women in attendance and I'm sure the trend will continue toward a more equitable ratio.
243  Other / Off-topic / Re: Bitcoin charity campaign, everybody welcome! on: October 28, 2013, 04:14:42 PM
So a new member doing "charity" and asking for donations?
All but legit.
donate in a "black hole"? who are you? who knows where the money is going after i sent it? Roll Eyes


Hello,
So as I said before there is people who wants to steal your coins and they will do it with every single way they can. That is the reason why WE want from you comments of how we can improve the procedure. Anyone who can help and say how to convince people it is not a fake PLEASE say to us your thought . We are trying to do this for the very first time! Thank you for your attention!

  • Register your charity as a non-profit organization in your country.
  • Solicit donations from the local population and tell us your success rate.
  • Build a website.
  • Provide a physical address, email address and other contact information.
  • Show us what you've done so far and how you plan on using Bitcoin donations, specifically.
  • Demonstrate that you've been working hard at helping "poor Bulgarian kids" while doing all the above.
244  Bitcoin / Press / 2013-10-27 USA Today - Wolff: How CEOs are clueless about technology on: October 28, 2013, 03:54:04 PM
http://www.usatoday.com/story/money/columnist/wolff/2013/10/27/ceos-are-often-clueless-about-technology/3182203/

Not about Bitcoin, per se, but I believe this article demonstrates why Bitcoin isn't used more often as a currency: those who aren't as tech oriented as we are just don't get it.

Quote
Here's a story recently related to me by a guest at a White House dinner, which included Google's Eric Schmidt: The president, whose most important job is surely to protect the integrity of the monetary system, smugly asked Schmidt if Bitcoin, one of many growing challenges to currency hegemony, was anything he had to worry about.
245  Bitcoin / Legal / Re: Best non-taxable way to cash in your BTC? on: October 27, 2013, 12:56:01 AM

Naturally, evading tax is evading tax, and bitcoin itself really has nothing to do with that, with the exception of helping to circumvent Customs controls on the transfer of value.

This.

Once you begin making purchases that don't coincide with the income you're reporting, the IRS will eventually start asking questions. Your question should really be "What kind of income can I claim that isn't taxable?" and then try to make it seem you earned your bitcoins that way.
246  Bitcoin / Bitcoin Discussion / Re: BitcoinFriday2013 - Let's spent those hoarded bitcoins! on: October 26, 2013, 01:19:53 AM
Can't believe I didn't see this thread until now.

BitBrew will be participating again this year, of course.
247  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 25, 2013, 10:20:08 PM
Berlin. Massive party but also donations accepted in bitcoin for a charity or charities that accepts them. Not just a woohoo we have a few bucks party.

I think that's a good idea. Have some ways/action at the party to give to different charities. That way we don't look as much like rich assholes.


Rassah and I will both be there. If Phinnaeus and Jason (SeansOutpost) attend as well, that's the whole Bitcoin100 team. I'm sure we can come up with some kind of plan to raise bitcoins for charities. Maybe do a fundraiser and split the proceeds amongst all the charities we've convinced to accept BTC donations thus far.

I'm a little concerned about the amount of BTC that will be converted to fiat to make this party happen. We should be working on getting vendors/caterers/venues/entertainers/hotels/taxis/limos/restaurants/bars in the area to start accepting bitcoins as payment.

it would be awesome if you guys with your valuable experience would be willing to handle to charity part of the party. it could be a bitcoin100 project.  Smiley

It could be done very simply. We could print up a poster or pamphlet with a list of all the charities we've convinced to accept Bitcoin donations with a brief description of what they do and a QR code of their Bitcoin address. Attendees would just scan the code of their favorite organization and donate from their phones/tablets.
248  Economy / Goods / Re: Bruno's Micro Pizzeria on: October 25, 2013, 12:33:36 PM
Bruono, put me down for one.
249  Other / Off-topic / Re: Anonymous Mail Service on: October 24, 2013, 06:02:44 PM
After reading Dawn of Autonomous Corporations, Powered by Bitcoin (credit to Ephebus for the link), I'm beginning to wonder if this might be a good candidate for an "autonomous" Bitcoin based business.

The most obvious hurdle I see is making it decentralized. AMS hubs must be able to decrypt an address label, therefore someone must be able to decide who is a hub (authorized to download or utilize the decryption software) and who is merely a customer.
250  Economy / Goods / Re: Selling prints for shirts, mugs and other merchandise - Original illustrations on: October 24, 2013, 03:08:47 PM
How much are you asking?

Just to be clear, are you planning on selling the hi-res files more than once?
251  Economy / Services / Re: Anyone do custom t-shirts? on: October 23, 2013, 07:44:27 PM
I actually have some other things I'd like to discuss with you, as well. Bitcoinstarter was the subject of an email I sent just this morning (along with other things).
252  Economy / Services / Re: Anyone do custom t-shirts? on: October 23, 2013, 07:36:41 PM
PM sent.
253  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 22, 2013, 10:08:46 PM
Don't mean to tamp down on the enthusiasm but it may be extremely early to get into this planning. I suspect that bitcoin will have at least one or two bubbles (current rise included) before we reach $1,000, with each drop feeling like a lot of sad disappointment. Plus if we get all hyped up for this right now, we may be a bit tired of this when it actually happens a year or two from now. 6 months is an EXTREMELY long time in bitcoin time (6 months ago we were just hitting the Cyprus peak). Imagine what it will be like in a year. People will be going, "Oh... that party thing is still being planned? That idea felt like it formed YEARS ago...  Tongue"

i think we should give it at least until end of 2015 if not 2016. if it hasnīt happened by then, coins will be send back. the upfront costs would need to be kept very limited - maybe just no spending of budget until btc crosses 500 $.
you are right, the path up there will be rocky and with akward times like this years early summer. patience will be needed from time to time. imagine there would have been a "btc hits 200 $" party. when would that have taken place ? not even now...

  

"coins will be send [sic] back"?

Why would anyone send you coins?
254  Economy / Speculation / Re: The boat is long gone on: October 22, 2013, 10:07:17 PM
ITT.  OP believes any investment that doesn't turn $200 into millions in a few years = "not worth it".



That's exactly what I was thinking. Who's claiming an investment of $200 now will/should make you rich?
255  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 22, 2013, 10:02:26 PM
Don't mean to tamp down on the enthusiasm but it may be extremely early to get into this planning. I suspect that bitcoin will have at least one or two bubbles (current rise included) before we reach $1,000, with each drop feeling like a lot of sad disappointment. Plus if we get all hyped up for this right now, we may be a bit tired of this when it actually happens a year or two from now. 6 months is an EXTREMELY long time in bitcoin time (6 months ago we were just hitting the Cyprus peak). Imagine what it will be like in a year. People will be going, "Oh... that party thing is still being planned? That idea felt like it formed YEARS ago...  Tongue"

maybe I missed it, but is there any more specific constraints on the $1000 value?

I mean, maybe the condition should be: it has held > $1000 for a month or something like that.

Or perhaps using some other way of calculating stability that I don't know about.

It would be a bit sad if a party was held just due to another freak bubble, which then popped and by the time we all got to Frankfurt it was < $1000 again. Shocked

or is the pure symbolism of simply touching $1000 enough?!

This is why I suggested waiting until the first time it hits $1000/BTC to begin seriously planning. Discussing generalities is fine but specifics should wait, otherwise there's sure to be some disappointment.
256  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 22, 2013, 04:56:07 PM
I'm a little concerned about the amount of BTC that will be converted to fiat to make this party happen. We should be working on getting vendors/caterers/venues/entertainers/hotels/taxis/limos/restaurants/bars in the area to start accepting bitcoins as payment.

That's a good point, but likely not that much of a concern. For one, there is already enough volume on the markets to absorb about $100k  a day without much pain, and that will only improve once BTC is worth $1,000. And two, we won't be spendiing the entire $1mil all in one day. If this is a correctly planned out party, there will be expenses and payments well before and a while after the party as well. Though it would be kinda funny if BTC hits $1,000, all the party bills are agreed on to be paid after the party is over, and as soon as the party is done, all the bill payments drive the price back down to under $1,000

It would be funny if this party influenced the bitcoin market significantly.

But I was more concerned about the message we would be sending. I'd be happier if we could pull it off without having to go through fiat middlemen, or at least converting as little as possible.
257  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 22, 2013, 01:23:05 PM
Berlin. Massive party but also donations accepted in bitcoin for a charity or charities that accepts them. Not just a woohoo we have a few bucks party.

I think that's a good idea. Have some ways/action at the party to give to different charities. That way we don't look as much like rich assholes.


Rassah and I will both be there. If Phinnaeus and Jason (SeansOutpost) attend as well, that's the whole Bitcoin100 team. I'm sure we can come up with some kind of plan to raise bitcoins for charities. Maybe do a fundraiser and split the proceeds amongst all the charities we've convinced to accept BTC donations thus far.

I'm a little concerned about the amount of BTC that will be converted to fiat to make this party happen. We should be working on getting vendors/caterers/venues/entertainers/hotels/taxis/limos/restaurants/bars in the area to start accepting bitcoins as payment.
258  Other / Off-topic / Re: Anonymous Mail Service on: October 21, 2013, 10:41:12 PM
1 - What good would it do?  Even if a drug dog sniffed drugs in a package, they know neither where it came from, nor where it is going.  Perhaps AMS could have an internal policy whereby if a package is found to contain something illicit (even if it is the police who found it) the package is destroyed, so that the police wouldn't be able to track it to its ultimate location.  I suppose the short answer is, the risk is there whether one uses AMS or not.

I'm more concerned as to how law enforcement would treat the owner of an AMS hub.

If I'm running a small business and moonlighting as an AMS hub, would I be held responsible for the contents of a package in my possession that has no identifying information other than an QR code with encrypted data? Packages at a FedEx Office location demonstrate at least an attempt by the shipper to identify sender and recipient to each package. Here's how I imagine it might go:

Agent: "This package is full of drugs! You're under arrest for possession with intent to distribute."

Hub operator: "Officer, that package doesn't belong to me. I was simply delivering it the same way the Post Office does."

Agent: "Okay, then tell me who sent it and where it's going."

Hub operator: "That information is in our computer system that suffered an unfortunate crash just a few minutes ago, erasing everything beyond retrieval."

Agent: "How convenient. Well, if you can't tell me who it belongs to, we'll have to assume it's yours. You're under arrest for possession with the intent to distribute."




2 - This one is more interesting.  Remember the limited information on the QR code.  The only thing the sending hub knows is whether or not their postage fee has been paid, the end hub city, and the recipient address.  The only goal when onion routing the package is to merely conceal the fact that the receiving hub is the owner of the recipient address.  You never know when you're at the last box because unless you can sign a message with your own address ... it may be the last box.  Opening it would be just like opening someone else's mail.  Why go through all that when you can just do your leg of the journey.  The cheating hub wouldn't benefit anyway as all the postage is already paid out by the original sender.  Best to just scan, throw in pile, and drive a couple hours to the next hub.

Ah, it's a decentralized system. I was picturing a single website to generate the payment addresses and create user accounts. So there wouldn't be an overreaching AMS arm to help identify hubs and recruit couriers while taking a cut of hubs' profits? I guess hubs could pay a "franchise fee" to get listed in an AMS directory and place Want Ads for drivers, etc.



3 - It would depend only on general volume.  Remember, we're not only counting the packages going from San Antonio to Austin, but also from San Antonio to everywhere else that uses Austin as an intermediate hub between San Antonio and itself.  It all starts be become very economical very quickly if there's enough volume to justify 2 or 3 times a day runs.  How many of your Waco customers would pay $4 for same/next day shipping, if only they travel to AMS Waco to pick up their package?

Volume is the key.  Realistically, I only have about one customer a month within the state of Texas. Depending on how many bitcoiners were willing to try this, it could take a while to get off the ground. Still not a reason to forego it, just trying to be realistic.




4 - I could envision some system of record keeping, but I haven't really thought too much about that.  It seems like a trivial add-on once the general project is up and running.

Seems to me potential customers might feel more secure knowing a courier can't run off with their package with no repercussions.
259  Other / Off-topic / Re: Anonymous Mail Service on: October 21, 2013, 06:00:03 PM
I've thought a lot about a bitcoin denominated shipping service, simply because it's such a significant expense for BitBrew and I hate having to convert my BTC earnings to fiat to pay for it. I've thought of a few hurdles that would need to be overcome:

  • Establishing "hubs" - AMS locations would have to be public knowledge in order for customers to know where to pick up or drop off their packages. How often do you think DEA or local law enforcement would stop by with drug sniffing dogs? Even if they never found anything, who would voluntarily expose themselves to the possibility that they would?
  • Trust - The increased anonymity resulting from shipping through unnecessary nodes requires increased cost to the customer. What's to stop an AMS hub from opening all outer packaging and simply shipping to the final destination after waiting for a few days to simulate shipping time?
  • Hitting the ground running - Carrying packages between San Antonio and Austin is relatively inexpensive if you are already making the trip but it's unlikely that AMS would be able to find drivers who do so on a regular basis. To make it profitable, AMS would either have to charge a premium or wait until they had enough packages to make it worthwhile. Either way discourages customers from using this service for "legitimate" reasons.
  • Tracking - As someone who uses FedEx regularly, I can tell you one of the greatest benefits to me is the ability for my customers to tell where their package is and how long it will take for them to get it. If a package was lost or damaged en route, how would AMS know? Some records would have to be kept and the customer would just have to trust that they would be destroyed afterward.

Don't get me wrong, I think this is a great idea, these are just some issues that would have to be addressed before it could really take off.
260  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: October 21, 2013, 02:49:50 PM
I'll go if there is one in Tokyo. But Frankfurt I'm not so sure about.

Maybe we can have one in Asia, one in Europe and one in America?

I see how it'd be cool to have only one, but it'll surely reduce the number of people who will be coming.

That way the media can say: "those rich nerds had parties all over the world as bitcoin has reached $1000 per unit"


There will undoubtedly be many parties but they'll probably be organized independently. Having one huge party pulling attendees from all over the world is a worthwhile goal; trying to coordinate parties in many different countries would be a logistical nightmare.
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