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Hey folks. Does anyone know a new (easy/reliable) way for a dwolla user to get bitcoins? I have been away for awhile and notice dwolla no longer sends to mtgox due to legal reasons. If anyone has a tried and true workaround for this I would be really grateful. Thanks.

submitted by supples to SilkRoad [link] [comments]

So, Bitcoins have gone up $10 while I screwed around with Dwolla. Can someone tell me how I can actually get my money from my bank and into MtGox without it taking a week?

submitted by laustcozz to Bitcoin [link] [comments]

Dwolla is gone, need to get bitcoins quickly?

submitted by Willipa_Prime to Bitcoin [link] [comments]

So I have money sitting in my Dwolla account. How do I get Bitcoins now?

So stupidly I did what I normally do when I need Bitcoin: I do a bank transfer into my Dwolla account, wait the ludicrous 4 business days for it to "complete", and then plan to transfer that money to mtgox to exchange for Bitcoins.
However, after seeing my transfer clear today, I went to mtgox to find out they no longer accept Dwolla as a funding option. I realize this is on me for not following the news, but what are my options now?
Mtgox isn't taking Dwolla as a funding option. Bitinstant isn't currently taking Dwolla transfers. CampBX requires a 30-day waiting period to withdraw.
Are there any other options to exchange this money directly from Dwolla to bitoin, without waiting for a 30-day account aging period?
submitted by cyrillus to Bitcoin [link] [comments]

Is the Dwolla fiasco simply a play by monied interests with political connections to get a piece of the Bitcoin action?

With PayPal looking at the options, and Western Union looking for a piece of the action, perhaps the DHS warrant is just a greed play by the existing players with political pull. You'll also note that Google Venture is angling for a piece of the action through a purchase in OpenCoin. If Google gets into the action, then the number of RXP required per transaction may increase, or Google may find a way to put other toll bridges in place to make money.
submitted by BobbyLarken to Bitcoin [link] [comments]

ATTENTION Mx. Gox, CampBX, Dwolla, & all other Bitcoin Exchanges getting DDos attacked!

submitted by kazzZZY to Bitcoin [link] [comments]

My collection of amazing early Bitcoin comments, right here from Reddit:

On buying (or not) a gaming rig to mine Bitcoin:
With the difficulty skyrocketing and exchange rates sitting stagnant at $5~8 for the last week or so, you pretty much missed the boat to buy dedicated mining hardware, IMHO. If you already have the hardware, or are looking for an excuse to buy a couple bitchin' new graphics cards for a gaming rig, there's definitely money to be made mining when you're not using it.
But I don't think I'd drop $1k into a rig that's only to mine with unless it was $1k I'd blow on something even more retarded. I certainly wouldn't sink next month's rent into it.
https://reddit.com/AskReddit/comments/hnp7f/_/c1wuv1b/?context=1
On easily cashing out Bitcoin using mtgox:
I think getting money is not that difficult. The daily volume on mtgox is over $100K, so I think anyone can currently sell Bitcoins for USD without problems.
https://reddit.com/AskReddit/comments/hnp7f/_/c1wuhjh/?context=1
On it being $10:
Is Bitcoin 10 usd yet?
https://reddit.com/Bitcoin/comments/hpq6c/is_bitcoin_10_usd_yet/
Bonus: Snapshot of the isbitcoin10usdyet website from 2011: https://web.archive.org/web/20110606125320/http://www.isbitcoin10usdyet.com/
Mtgox might disappear:
400K bitcoins is $4M dollars. Given all risks and uncertainties around bitcoins, no wonder some of the early founders exit their investments. Tomorrow mtgox or dwolla may disappear. It is the matter of one government intervention.
https://reddit.com/Bitcoin/comments/hq1wj/_/c1xgesq/?context=1
Bitcoin is terrible at friendly front-end:
This is a dangerous point-of-view. The entire bitcoin ecosystem is ugly, confusing, and deeply unusable. Really think about the questions posed in the article. The client works, as in, it creates a functional front-end for some bitcoin-related tasks, but it isn't at all designed for how humans would want to interact with the currency. The point of the article isn't that the client is hard, it's that the client works pretty well for obsessive nerds (present company included), but if bitcoin is really going to succeed at the goals it sets out to accomplish, it needs to not only be usable by normal people, it needs to be exceptional. If you think it's reasonably usable, you're welcome to that opinion, but please understand that you're the exact sort of person Mr. Falkvinge was referring to. Great with complex logic, terrible at friendly front-end.
https://reddit.com/Bitcoin/comments/hrqpm/_/c1xtfuy/?context=1
On wallets going out of sync:
One thing that I think is lacking is the ability to functionally use wallets on different machines as they will tend to get out of sync. This might be able to be overcome if new addresses were deterministically created from a seed contained in the wallet, but there are probably better ways.
Also, the UI for the official client is kind of a bone.
https://reddit.com/Bitcoin/comments/hrqpm/_/c1y730k/?context=1
On Bitcoin’s ease of use:
In fact, BTC is in such an infant state right now only enthusiasts investors, and geeks who can actually grasp how the system truly works, are using it for real.
The usability issues raised by the article are real. No grandma, or any well respected enterprise for that matter, would accept working with this type of GUI. If anything, a REAL enterprise backend still needs to be developed to handle the BTC's ungly guts, with all transactions details, hashes, mining, wallets, proxy connections, peer discovery via IRC channels... I mean... this is all too RAW for the end user. I can see a near future where startups will begin to offer user friendly GUIs, online access, maybe even online banking for your bitcoin accounts, automated backups and safety mechanisms to protect your coins in case of theft.
All of us geeks will end up supporting the bootstrap of this network so that, later on, your grandma will be able to use this just as she would use a credit card today.
https://reddit.com/Bitcoin/comments/hrqpm/_/c1xungz/?context=1
rBitcoin is not a sub for memes:
This isnt a subreddit for memes. Take it back to pics
https://reddit.com/Bitcoin/comments/i7z0v/_/c21m3ld/?context=1
I think I’ll keep my money elsewhere:
This further reinforces BC's image as nothing more than a Ponzi scheme. When the distribution is skewed that heavily towards early adopters, they will have almost total control over the market. Those 32 could manipulate to their hearts content. I think I'll keep my money elsewhere....
https://reddit.com/Bitcoin/comments/ifl26/_/c23e3ei/?context=1
Tulip mania:
http://en.wikipedia.org/wiki/Tulip_mania
https://www.reddit.com/AskReddit/comments/hnp7f/i_just_invested_half_of_my_next_months_rent_in/c1wuhkt/
submitted by wisequote to btc [link] [comments]

Issuing money by global central banks is a great opportunity for stablecoins," says Digital Gold Advisor Dr. Walter Tonetto

Issuing money by global central banks is a great opportunity for stablecoins,
Last week we talked with our adviser and CEO at Nusantara Trust Dr Walter Tonetto. He answered a number of questions that interest our customers.
How did you land in the cryptocurrency / blockchain space?
I was advising startup businesses in the technology space, and when 2016 came around, I asked Scotty, the feisty chief engineer of the U.S.S. Enterprise, to beam me into the heart of the finance system; I felt more and more the irresistible tug towards remodeling the current toxic financial system. Purposive remodeling, of course, is going on all the time, and it’s a knife that cuts into two directions. The vast majority of the ‘woke’ crowd actually believe that they can ‘disrupt’ the power of the elites that control all money flows. Bathing limestone statues – registering about 4 on the Mohs scale and 0 on the scale of reason -- of past leaders in district waters may give you a feeling of breathing the air of revolution and tiring unknown muscle-groups in your shanks, but think of it like a father watching his child toss around shovels of soil in a sandbox; he smiles benignly from afar, knowing it won’t change a thing; all the luxurious appointments at home won’t get touched. It is a grave illusion to suppose that by playing around with payment systems and technologies we will actually change the role and the emission of money. You may be permitted to become the shoe-shine boy in the royal household, but don’t think you will marry the princess and dilute the royal blood! But understanding the constitutive parts of power aggregation, and working over significant time-frames, allows for approaches and solutions; -- but these should come not from another adversarial position, thus merely marking a displacement of the incumbent, a change of guard, but from an authentic re-orientation, of making benefits much more widely possible and not creating monetary systems that are grossly imbalanced and highly destructive. That, and not building tech stacks, is the challenge!
What was your initial reaction to bitcoin?
Well, I was following the file-sharing service Napster since it started, around 1999 – when the U.S.S. Enterprise was sitting pier-side at Huntington Ingalls Newport shipyard, rusted and gutted, and to me the P2P sharing paradigm was always present in my mind, shining buffed and radiant, so even the centralized Napster was something wholly natural to me – Dr Sheldrake calls it morphic resonance. We live with a great deal of blurriness, though. On the one hand, we think of the virtues of sharing; on the other, there is a seemingly indefatigable impulse to control and dominate. Sean Parker, after founding and floundering with Napster, became a cocaine-snorting egotist and president of Facebook. Collecting money for a charity, he gets aggressive with people who do not follow suit. A control-freak in overdrive. Notwithstanding the technical variations, BTC, seemingly freeing us up from fiscal controls and yet showing our craving for money, exemplifies the flawed perception at the root of things. Monero, which sounds like a much faster, highoctane vehicle, a CV8-Z of the crypto-track, beats BTC in regard to privacy and fungibility, though BTC has advantages in other areas.
Which is a much more common trend nowadays?
It’s hard to make out the shapes of wild-life in the current kangaroo market we’re in. The bulls and bears have mauled one another, and the kangaroo, bereft of oxygen on account of wearing a tight mask, is hopping wildly everywhere. But clearly the possibilities of digital currencies became un-tethered via Bitcoin and the querulous and hidden Satoshi. I like to think of him more as an idea rather than as a person; an idea is generally more malleable and consequential. For instance, rather than laud the benefits of crypto for FX and cross-border payments, the possibilities of a central-bank issued digital currencyENCOMPASS THE POTENTIAL to inscribe new roles for programmable money; for how money is issued, how it is used, and what role custodial mechanisms (traditionally in the hand of commercial banks) might have. I see HUGE potential for private firms to enter the equation here, but we need more open-minded and intelligent regulators that do not always look for the rungs of the career-ladder in any move they make! A DAO could be most helpful here, but we are currently under the terror of algorithms that are not concerned with the welfare of the greatest number of people. If I had the time I would coauthor a book on this theme with a skilful mathematician (perhaps with my son, who is completing a Ph.D in near-term Quantum Algorithms).

In 2018 I was keynote speaker at the BlueWhale forum in Seoul, and I spoke about an Algorithm of Peace. I had a clutch of people approach me straight after the talk, some from Korea, others from the U.S., and ask me to develop my ideas in book form.
Where do you see the price of bitcoin going over the next few years?
I wouldn’t speculate, but since everyone is shilling it, it is bound to keep pushing north, occasional blockages otwithstanding. I always look for twists and incongruities in the usual narratives on offer. Many BTC fans talk about the unbanked, but BTC is held by what will become another elite in due course, and the unbanked will later be serving them the chilled drinks between innings, as usual.
Do you think that there’s a time for altcoins to break out and move away from the movements of bitcoin? What’s that tipping point that needs to take place?
I have some notions under which alt-coins can take the lead and leave bitcoin behind, but it’s too complex to explain the conditions for that to occur. Once very solid use-cases have been established with a clutch of alt-coins, bitcoin might begin quavering in his boots. That alt-coins should take BTC as a benchmark speaks volumes about the lack of maturity of this young and over-eager market. The fuzzy umbilical cord is always present like a foot-tangle; alt-coins must find their own ground, and clip the connection to a vagrant father. Finance needs clarity and not fuzziness. Keep in mind that many sovereign nations bridle at the calamitous influence of the US on payment systems, so nations are building their own messaging systems outside SWIFT, and their own securities exchanges are following. But remember: these are all crumbs: the U.S. can shut down payments to any recipient accounts by informing the payments company and doling out threats. And since all alt-coins and fiat currencies are connected to payment gateways in some form, the U.S. would have to begin reforming its archaic ACH structure to enable efficiencies in the financial pipes, which does not offer real-time payments functionality. This accounts for the relative simplicity (and success) of the PayPal business model (which Venmo and Dwolla later emulated without using credit cards). But understand that the elites will always protect the real crown jewels, and incite wars (or street battles and racial squabbles, as we’re witnessing in the U.S. in mid 2020) so that they can get away with major financial heists in broad daylight. It’s all smoke and mirrors, and scorched talons if you look closely: you cannot trust the reflection you will receive on a smoky pane. Only the big players know the predetermined outcome.
One fundamental misprision occurs amongst alt-coin apologetes: they fail to understand how markets move and what the designated role of money is in markets. Even if you want to displace something, you first need to understand exactly what you’re dealing with, but that is rarely the case. Yes, banks are structurally and constitutionally part of the problem, but no government will dare cross swords with them: there is still too much aggregated power. Ripple and Stellar are two Blockchains that are working with, and not against, banks, and that likely makes them much better candidates for wide acceptance.
What’s one must-read book you recommend to everyone?
That depends so very much on who’s sitting opposite me! I wouldn’t push what is not naturally aligned. But I would push a couple of films urgently, as essential viewing for everyone:
“Vaxxed: From Cover-Up to Catastrophe” (and a sequel), which profoundly shocked me, but confirmed my suspicions. Talking about books: one gets a good sense of the kind of books I would counsel people not to touch, unless an overweening impulse bade them otherwise. For instance Steve Pinker, a favourite author of Bill Gates. Pinker in Gates’ hands explains a lot about the character of the reader, the latter of whom I consider one of the most dangerous people on the planet at the moment. If we stay with Pinker for a moment, since he’s famous and fashionable (Harvard professor with a Medusa hairdo and an effete libertarian air, who in “Better Angels of Our Nature” has affirmed that man is not innately good), we note in his presentation in regard to his ineptly titled book “Enlightenment” that he falls prey to the very flaws he chastises, the classic Münchhausen trilemma (in Jakob Fries’ phrase). Picture Baron Münchhausen pulling himself out of quicksand by his own hair! That he is beholden to neoliberal befuddlement becomes clear when two of the opening images of his talk show Vladimir Putin with a rifle andDonald Trump speaking on a podium. The classic neoliberal Harvard think-tank shows reason to be failing and drowning in pious gestures to the cognoscenti and anointed. I like to look for effective counters for specious and shallow argument: for instance, Rupert Sheldrake’s “The Science Delusion” is a splendid book that bucks the Dawkins’, Pinkers and other materialists of this age. You see, if one listens to Pinker with the head alone, his pedestrian epistemology might not irk, and some ideas might appear plausible enough in a desultory encounter, but if you really want to know the meaning of things, and discover how it relates to the heart, you feel betrayed and given short shrift by him. Among the platitudes he gives out in carefully parsed syllables, the movement of his forehead and eyes betray the spirit behind the façade. Yet I always look, like Yeats, for those who “had changed their throats and had the throats of birds”!
What’s the rainbow trout of the year? Nut-like flavour, the eye still gleaming, with tender, flaky flesh? There are many books I could cite for different genres. The vast majority of modern writers, for all their accomplishments, lack genius, don’t really understand the art of writing, and so cannot hold my attention for long. For those who are open-minded and spiritual, “A Course in Miracles” cannot be bested, but don’t touch it unless you’re really willing to dive deep. There is no need to save the world, since it is nothing but projection; there is no world. You might experience the deepest sigh of relief, as if Atlas had cast off a burden after the Titanomachy. Paul Celan once remarked that “reality is not simply there, it must be sought for and won.” Snorkeling near the surface and blowing bubbles won’t cut it.
We are living in times of great manufactured unrest, which will only heighten in coming months and years, and so I would offer a guernsey to Seamus Heaney. I had met him many years ago, alas cursorily, at a symposium at Waseda University where I was working as a Gaikokujinkoshi, an Associate Professor, where another Nobel laureate, Kenzaburō Ōe and he were giving a reading. Heaney was inspired to write “The Grauballe Man” on the basis of the bog man that he had seen in a book of prehistoric times, but the troubles in Ulster were alive in him, too:
As if he had been poured in tar, he lies on a pillow of turf and seems to weep
the black river of himself. The grain of his wrists is like bog oak, the ball of his heel
like a basalt egg. His instep has shrunk cold as a swan’s foot or a wet swamp root.
Talking of Japan here, methinks, is an aculeate observation of Japan:
Cross the intersection at Shibuya Station in Tokyo on a forbidding wintry evening — touted as the world’s busiest cloverleaf — and you will feel this is Eliot’s London Bridge revisited, with quaggas (think half zebras) preserved in the tar of the five crossings; — flattened ebon bones dreaming the dreams of Pleistocene mammoths — as the mass of the dead mill past you, chasing some mirage, and often accompanied by a revenant that must have been disgorged from a Pachinko parlour. Blanched lilacs float in minarets of light beyond these bituminous quaggas, bidding the odd-toed ungulates in their psychotropic dernier cri and fuddy-duddies in theirstygian suits to sup here or buy over yonder: all tethered to their devices. One might be surprised that no cracks are forming at these arced crossings with strange requisitions folding into the hiemal air. And yet it is still more odd that so few people see this as a primped and pimped potter’s field, a graveyard for those who’ve lost their way. We’re living in an age where the multitude of the dead are pacing among us in perdurable trysts with other zombies.
The above text is from one of my unpublished works; again it speaks to me – and perhaps to you – about the quiddities of this age. There is a distinct sense of zombification taking place on the planet at the moment. Is your lineage that of Dolly, or are you magnificent and free?
Do you have any theories about who Satoshi is?
I don’t really, though I follow the haughty chit-chat at times, especially in the jejune forums LinkedIN provides. I think the person has a good reason to remain concealed (forever), but that is also a major factor why I have never fully trusted bitcoin as an investment proposition.
Keeping the provenance concealed suggests a number of things, none of them conducive to embracing bitcoin as a common form of payment.
What do you think about the prospects of gold in connection with the uncontrolled money printing by different Central Banks?
Gold is what BTC can never become, especially when its provenance remains totally unclear – as well as its likely endgame! Central Banks engage in quasi-criminal activity – and one hopes the future prudent regulator won’t be making it too difficult for people to hold gold bullion. The Perth Mint might be a splendid little dot on the global map, but beware of holding your assets in the form of gold coins: many governments will regard them as forms of payment, and may impose all manner of restrictions on the possession of it.
Let's dream a little. How stablecoins can be used after 5 years from now?
I believe the great RESET is coming – even Davos and the U.N. are alerting us to that. The Covid19 panic has been declared by more than 1500 German physicians as a “global Mafia-style deception”, and while Big Pharma and Bill Gates will likely earn trillions of dollars by the useless and potentially dangerous vaccines that will be foisted on “free” citizens, the finance system as a whole will need to be RESET. We are already receiving an inkling of how draconian and void of reason and concern for the people most governments of the world are reacting to a harmless lab-manufactured virus (virologist Prof Luc Montagnier, Nobel Laureate in medicine in 2008, said that), so it’s possible that regulators may become more tyrannical, and under some pretext or other forbid the use of alt-coins. STABLECOINS can be over-collateralized, allowing absorption of pricing fluctuations, but it will be hard to call. I believe many are bound to fail, and that even earlier, despite all their most valiant efforts: as soon as the RESET comes, which is likely to come with all manner of encumbrances. There are many reasons for the issuance of stablecoins, some having opposing views, but all are dependent on trust – and we don’tknow yet if digital currencies that governments will issue will by regulatory over-reach (including absurd compliance requirements) displace other contenders, but you can assume that the tyrannical forms of governance we are currently experiencing suggest that all kinds of skullduggery are possible.
Do you see the problem of fiat stablecoins in the fact that annual inflation constantly depreciates them? An investor who bought $1000 USDT now and sold these tokens in 10 years for $ 1000 will receive much less money.
The problem occurs if we’re converting things back into payment forms that are fundamentally flawed. Inflation and Black Swan events are the major threats to stablecoins, and tethered crypto-values to natively burdened propositions recalls my earlier idea that we have not yet cut the umbilical cord to bitcoin. On the other hand, stablecoins in their current flavour are perhaps best viewed as transitional schemata that will need later revisitation.
You are a very successful Crypto and ICO Advisor, what is the secret behind this success?
I’m not sure if I’m very successful, but I always try to shoot a straight ball. Here are two instances where my input has not been heeded in any way.
I recall one of the first ICOs I advised. I was sitting with the owner on a Telegram Channel, and after some power Q&A sessions online, we were literally hearing the millions of dollars tumble in neat digital hashes into the inbox within a couple of hours of the ICO opening. He had a bottle of Scotch on his table, and by the end of the session he had reached his hard cap and was besotted to boot! The age of digital money had placed the foolscap on his pate, but the script was no longer legible. I cannot determine if his sobriety ever returned. The prudential advice I had been giving him previously – and that we had discussed in great depth -- was over coming weeks thrown out of the window, and I assume other bottles of Scotch ended up on his desk and didn’t last long.
Here is another example. At one time a well-known ambitious individual in the U.S. cryptospace, a young lawyer, asked me if I wanted to start a crypto compliance organisation with him.
When I think of him now and the feathery assistants he congregated around him, I think of the lines in Dickens’s “Bleak House”: “Mr. Tangle’s learned friends, each armed with a little summary of eighteen hundred sheets, bob up like eighteen hammers in a pianoforte, make eighteen bows, and drop into their eighteen places of obscurity.”
Simply to continue serving wine from the same sour vats won’t do. I saw that as a prospective idea, and offered some important advice to get the ball rolling. Soon we had recruited many eager beavers to the exercise, and there was talk of it becoming an influential body. I was naïve enough to assume at the time that my co-founder, a black college asketballer with body tattoos who had a write-up in a major paper on account of his ambition and aggression, was actually interested in asking some fundamental revisionary questions about compliance in relation to the freedom of the citizen. When I suggested we don’t just copy the traditional compliance template and rather probe more deeply, he became insolent and very aggressive. That confirmed my instinct that most ambitious players in the crypto-space are actually dyed-in-the-wool bourgeois, and don’t care about improving the system itself.
What is your advice for upcoming Crypto startups and investors?
You might know the technology well, but do you know the business? Does it really deeply address, even solve, a problem? How much life experience do you have, and how well do you know the market? Can you create a market for your product or services? If yes, how will you do that? Have you only got yes-men around you, or are you willing to listen to those who speak Tacheles to you? If you’ve come to water the plant of your ego, your business will flounder. Most achievers keep their ego initially in check, and get the work done.
For investors the answer I would give is rather complex, but here’s a brief response: often the mandate of investors is very narrowly girded, and they trust their old boy networks, and rarely venture out and follow their instincts. That is foolish, and also the recipe for a dull life.
Perhaps a general observation that everybody might ponder with profit is the idea that we know really so very little of the world; that the news and information we are are offered and digest, even when it is tendered by so-called ‘experts’, is often seriously ignorant. It seems our perspective is getting narrower all the time, as if our mind is shrinking and we block out knowledge.
Let me give another current reference point. In 2020 everyone is fearful of viruses. Viruses currently have a bad rap! We have no idea what they actually are. We are always hobbling around with our fearful partisan gaze, and what is good today becomes bad tomorrow. Yet viruses are adroit and malleable messengers of inter-species DNA, in some sense regulating vast populations of organisms. Think of them as cellular simpletons: mere protein shells with few genes, but endowed with the ability to replicate easily despite their paucity of genetic instructions! They form alliances, you might say, with other forms of life. And they are deeply mysterious to our acquisitive and ignorant segmenting intelligence: how can the papillomavirus cause horns to grow on rabbits; and at the same time cause hundreds of thousands of cases of cervical cancer every year? Is one good and the other bad? It would seem so. Such simple summary, like Pinker’s reductionist view of the world, might becalm for a moment, but does not offer lasting satisfactions. To read the world along the axes of like and dislike, as the Buddha had warned us, leads to great suffering.
I’m told by someone who met Bill Gates a long time ago that the man was apparently even then obsessively fearful of viruses (imagine a pendant to Lady Macbeth, continually cleansing his hands). But do we have any clue what viruses actually are, and how they benefit us all in so many incalculable ways? When the child crawls around, it picks up antigens (bacteria and viruses) and on that basis builds its immune system. At various points of that contact and exchange new forms grow, and other forms decay and die. Like CO2, viruses are suddenly declared dangerous and that we need to shield ourselves against them. Yet how many people know that marine phages rule the world, and rule the sea? This was not discovered until 1986. An electron microscope showed that every litre of seawater contained up to one hundred billion viruses, almost as much in dollars as BillGates expects to make off vaccines in 2020. If you put these viruses end to end, they would stretch out forty-two million light-years! Viruses offer stunning genetic variety, and they are the very pulse of life! When viruses swallow oceanic microbes, they release a billion tons of carbon every day: imagine squalls of marine snowfalls, powdering the porous sand of the deep. Imagine the white nights of St Petersburg under water, celebrating the magic of life with the same skill and abandon as the Mariinsky Theatre, to an audience of gastropods, deep-water fish and lovelorn mermaids.
Seamus Heaney, when he passed in 2013, spoke the word Noli timere (“Do not fear”) to his wife as he breathed his last. Instead of being fearful, we might do well to assert that we understand nothing of the manifold wonders of this world! Let us cultivate the virtue of wonderment, and fear will find no habitation in our house:
And lonely as it is that loneliness Will be more lonely ere it will be less— A blanker whiteness of benighted snow With no expression, nothing to express.
They cannot scare me with their empty spaces Between stars—on stars where no human race is. I have it in me so much nearer home To scare myself with my own desert places.
Website : https://gold.storage/ Whitepaper: https://gold.storage/wp.pdf
Follow us on social media: Twitter: https://twitter.com/gold_erc20 Telegram: https://t.me/digitalgoldcoin Steemit: https://steemit.com/@digitalgoldcoin Reddit: https://www.reddit.com/golderc20/ Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
submitted by digitalgoldcoin to golderc20 [link] [comments]

What, if anything, could cause a bitcoin crash or serious correction?

MtGox got hacked a year or so ago, and that did cause a bit of a stir. What other events should we be looking out for?
UPDATE: Apparently I rustled some jimmies.
submitted by kurtgodelisdead to Bitcoin [link] [comments]

I would like to buy some bitcoins in an normal straight forward way (not having to sign up for several sights and payment gateways). Any ideas? Anyone selling?

Newb here. I've checked out the links on the side bar and buying a few coins is a giant pain in the ass. Anyone know of a simple way of purchasing? A simple market?
edit: typo in title. "Sites"
submitted by Beta_UserName to Bitcoin [link] [comments]

Two Years in Ark - A Brief Retrospective

Two Years in Ark - A Brief Retrospective

https://preview.redd.it/s6uu8g27ul331.jpg?width=800&format=pjpg&auto=webp&s=115d0f1152d66546ee5aa61e1acd23c4c8dfb7b8

It was two years ago, June 11, 2017 at 2:40:26 AM EST, when delegate arkmoon officially registered on the ARK mainnet.
It had been roughly 4 years since I'd even looked at anything crypto-related, considering the fall of Mt. Gox had shaken investors to the core. Back then, crypto was still mostly the Wild West. You could only get Bitcoin through sites like Virwox after losing 20-40% in fees as you transferred from PayPay to Second Life Linden to Bitcoin... or shady sites where you had to use Dwolla or mail someone a money order and pray they didn't rip you off... or try your luck mining some of the new Bitcoin forks (e.g. Vertcoin, etc.) but odds are you weren't going to break even for at least 6 months, and I was too poor to buy and hodl long term.
When I heard "bitcoin" mentioned on a mainstream radio station in May, 2017, I scrambled to dig out old hard drives, CD-R's, laptops. Anything I might have had an old wallet on, but alas, I had sold it all in 2013 at a loss (anything that hadn't been stolen already).
Ethereum. "Hmm, that's new," I thought. And so, down the rabbit hole I fell, trying to decide now what to invest in. Bitcoin, yes, and some Ethereum. Ok, but the blockchains for these took days and weeks to download before I could even use them. There were new exchanges, such as Kraken and Bittrex. The fees were lower, and so I got started.
Then, one night in June, I found ARK. I'm not sure exactly how. Going through the list of coins available, ARK stood out in the fact that you didn't need to download an entire blockchain to start using it. You just downloaded the desktop wallet, and you had coins transferred in 8 seconds. So easy, it was something your grandma could do.
And then I continued to read about it. What it was built on, and how it worked. "Delegated Proof of Stake", definitely more affordable and environmentally friendly than running GPUs and ASICs with thousands of watts for mining POW coins.
"ARK, then."
I registered arkmoon delegate in an effort to solve a problem. Back in June, 2017, Ark delegates had a problem with pool hoppers. Delegates would schedule manual payouts either once per day or once per week. And right before a payout would happen, these pool hoppers would jump in and vote, essentially stealing potential rewards from loyal voters.
My initial delegate proposal was simple. Vote for me; I want to create a system that credits voters at the block-level, so they earn only if are voting for you, and you'll never have to worry about blacklisting pool hoppers again. I got virtually no support, which was frustrating. It got to the point where I simply removed myself from Ark from about June till September since no one had been voting for me. I'd like to take a second here to give a shoutout to delegate jarunik, who offered words of encouragement during this stressful time. Eventually, in October, 2017, a mysterious benefactor with over a million Ark decided to give me a chance by voting for me. Eventually, they slowly backed away while I gained my own voters organically through my dedication and higher share rate. For this chance, I am eternally grateful.
Around this time, the first biz delegate was created from 4chan, fat-fingered his payout and was begging for my solution. biz or the person behind it lasted a week, then was voted out in favor of the much more responsible GoldenPepe and his team biz_classic, who were able to release the first block-level payout script that was eventually adopted by (most) delegates. I say most, because there were several who never adopted it, and suffered as a consequence.
As time went on, we had our fair share of scammers; people who would write decent proposals, and would run off with their forging rewards. Delegates who had zero technical skill who doubled forged on the network. We've had a delegate publish their private passphrase on the blockchain. But all-in-all, things continued forward, and dedicated delegates appeared to mostly where we are today.
Then, we hit the big bull run in December, 2017 and everything was peachy. I had only been a delegate for less than 2 months, and really didn't have anything accumulated, but 2018 looked promising, so I kept working hard on building e-commerce and tax assistance sites to support the Ecosystem. As we all know now, we've been full bear mode for the past two years, but I have stuck with Ark in spite of it all simply due to the dedication I've consistently seen from the core Ark team and its delegates.
The Ark team has been consistently improving the stability and security of the blockchain, even as the price has fallen as low as it's been. Delegates such as alessio are dedicated solely on making sure the blockchain is secure, and delegates such as goose and I have been trying to develop useful tools to help both delegates and potential ARK users alike. We have cams_yellow_jacket producing professional videos, and thegoldenhorde continually impressing the community with their merch and awesome designs. Delegate arkland has amazing raffles. I can honestly say that I am proud to be part of this community.
Now, with the Ark Deployer, we are starting to see new people pop up in the Slack channels, asking how they can start up their own blockchains. The first person to start up their own chain is an accountant by profession, with little server-side experience and was able to get an Ark sidechain running in less than 24 hours. The true Ark Ecosystem is starting to form, and I am hopeful for the future.
I'd like to just take a moment to thank all my voters, and to all of you in the Ark Ecosystem for your continued support. I don't know what the future holds for us, but I am thankful for how far we've come.
submitted by arkmoon-delegate to ArkEcosystem [link] [comments]

I am the founder of Credo360.com – an open reputation platform that aims to provide safety, security, and privacy for P2P transactions. AMA!

Hi Everyone!
 
Excited to do an AMA here – and looking forward to all the questions. My name is Irakliy Khaburzaniya and I am the CEO of Credo360.
 
This AMA is a way of giving back to the /entrepreneur community, from which we have learned a tremendous deal. We have gone from being wantrepreneurs to entrepreneurs, and hope to inspire you to do the same.
 
The concept for the business grew from the pain we have all experienced when dealing with strangers, particular when it came time to financial transactions. Many of us have been ripped off, or scammed in some way, and wished that there was a way to check if the person that we’re dealing with was reputable. We set out to do just that with Credo360.
 
Problem: No basis for trust when dealing with strangers.
Solution: Open Reputation (and now transaction) platform.
 
The solution:
Credo360 (or simply Credo) is an open reputation and transaction platform. Using Credo, you can: check if someone you need to deal with is trustworthy, conduct transactions (buy/sell/trade) with them, and then rate and review your experience with them. The idea is very similar to reputation systems on sites such as eBay or Airbnb – but Credo reputation is not tied to a marketplace. Instead, it belongs to you as a person, and you can take it with you anywhere you like.
 
The way you check if someone is credible is by looking at their Credo Score. For example here’s my Credo ID: https://www.credo360.com/irakliy
 
This score sums up a person’s reputation and trustworthiness in a single number (measured, unsurprisingly, on a scale from 0 to 360). There are bunch of things that go into a calculation of this score, and we worked very hard to try to make it difficult to game. One of the most important factors in this score are the ratings and reviews you get from people you deal with on Credo.
 
We have also recently launched P2P payments– so, now people can pay each other for goods and services without leaving Credo. Right now this is available only to people with U.S. bank accounts, but we are working on adding other payment methods (e.g. bitcoin, PayPal).
 
A little background on how we got here and lessons learned:
• September 2015 – Core of the company founded.
• November 2015
• May 2016
• March 2017
• August 2017
• Going forward
 
If you’re into IT technology, here is a little bit about technology we use:
  • Our backend runs in Azure cloud. We chose Azure primarily because of the BizSpark program that gives us enough credits to pretty much cover out infrastructure expenses. Within Azure we use a bunch of services from storage, to databases, to app services, to queues, to CDN etc. The backend itself is written in TypeScript and runs on Node.js
  • Our web frontend is a single-page application written in React.js. It communicates with the backend via a RESTful API and websockets (socket.io)
  • We are also working on mobile apps for iOS and Android, and these rely on the same backend API as the web frontend.
  • Lastly we use a bunch of 3rd-party services for various things: SendGrid (to send email), Twillio (to send SMS), Blitline (for image processing), Blockscore (for identity verification), Dwolla (for P2P payments) and others
 
Either way we would love to hear your feedback about our site, the overall concept, and any other questions that we can answer.
submitted by irakliy81 to Entrepreneur [link] [comments]

Hi! I'm your next market. Here's why you scare me.

I believe I represent the next slice of the market for bitcoin. I'm 30-something, male, liberal, and tech savvy by broad societal standards (I rooted my android phone and had ubuntu installed on a laptop at some point). But I'm not a crypto-geek, I'm not a raging libertarian, and I don't do drugs.
I dialed up bulletin board systems (BBSs) back in the days before the internet, and bitcoin feels a bit like that did for me - something that seems like it could be really big but still somehow missing its potential.
Here's the problem. I haven't bought any bitcoins. Here's why:
  1. The slew of posts talking about "securing your wallet". A laptop with no hard drive? Live linux installs? "Disable all internet connections!" etc. Not to mentioin the stories that pop up of people "missing" bitcoins. I get it - online wallet's are not as secure but the work that goes into having a secure wallet on my deskstop seems to daunting. Solution: An online wallet with some guarantees.
  2. I can't spend it. I don't want to buy drugs. Every other place I can use bitcoin just instantly exchanges it for dollars. If that's the case, I'll just spend dollars. Yes, I get the anonymity thing - but frankly if I'm buying something and having it sent to my house I'm not anonymous anyway. Solution: make bitcoin purchases "special". Add some value to it that dollars don't have. Either a discount, or a "locked in" price or action figure. Something.
  3. Complexity of purchase. I figured I'd buy a few bitcoins to play around with. So far, I tried to open an account with Mt. Gox (still waiting verification) coinbase (couldn't buy coins) and now campbx (waiting for my dwolla transfer to go through). For a guy like me, going to the bank with cash in hand is not a solution - I need to be able to buy these things from my home and with the speed I'm accustomed to. Solution? Coinbase does it right (but verification needs to be faster), but they don't have the depth to sell. Someone needs to fill this void.
  4. Complexity of the system: Wait. There is my wallet, then there are "change wallets" that somehow live within my wallet? I can increase transaction fee to speed up transfer? I have seen so many posts that say "If you can't understand it, don't buy it". This is exactly the wrong mentality to bring something like this mainstream. It needs to be dead simple. Idiot proof.
Fix these things, and bitcoin can go mainstream. If not - I think we have another Prodigy (c) on our hands.
tl/dr: I'm a yuppie. Bitcoin is scary.
submitted by mcscreamy to Bitcoin [link] [comments]

Goodbye, Gox.

I liked you, Mt. Gox. You supported Bitcoin long before it was cool. For a long time, you weren't just the biggest bitcoin exchange - you were the only bitcoin exchange.
I remember you when you were ugly, slow and without a fancy logo. I remember you when I had to go to weird sites and fill in shady forms to even get my money there. You got that figured out in the end. I got some of my money stolen in 2011, but I still supported you. I rooted for you with the Dwolla bullshit. And with the more recent US account and withdrawal troubles, I still thought that you will sort that out and come back glorious.
I am by no means a heavy Bitcoin trader, but you were my favourite exchange, for a long time. But it's time to say goodbye, since you are evidently no longer working as a money-bitcoin exchange anymore. I tried to root for you, but I really can't. Goodbye.
submitted by karelb to Bitcoin [link] [comments]

[H] Windows 10 / 7 / 8/ 8.1 | Servers | Office | Visio | Project [W] Venmo, Square Cash, Skrill, Amazon Gift, Bitcoin, PayPal

U.S. PAYPAL BUYERS

This message is to those of you in the U.S. who use PayPal. Due to a lot of issues I've been having with Paypal i'm transitioning to Square Cash, I assume most of you have a bank account with a debit card and a smartphone. That's all you need! Another good reason is because there are no fees with anyone of these services :) Please help me out by making the jump Square Cash(This only applies to U.S. residents)

These alternate payment methods only work in the U.S.

PAYMENT METHODS

BUYERS PAY PAYPAL FEES WHEN PAYPAL IS USED NO EXCEPTIONS!!!!

HOW TO BUY

WINDOWS 10

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WINDOWS SERVER

Server Price Download
Windows Server 2012 R2 Standard $20 Download
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Windows Server 2012 R2 Essentials $30

PROJECT

Project Price Download
Project 2013 Pro $20 32/64 Bit Download
Project 2016 Pro $30 32/64 Bit Download

VISIO

Visio Price Download
Visio 2013 Pro $20 32/64 Bit Download
Visio 2016 Pro $30 32/64 Bit Download
submitted by s5ean to microsoftsoftwareswap [link] [comments]

An Update from Mt. Gox

Dear Mt. Gox Customers and Bitcoiners,
The reaction since yesterday’s statement regarding the temporary suspension of U.S. dollar withdrawals has had mixed reactions, and raised more than a few questions about why we had to take this step right now. Rather than be subject to inaccurate speculation we’d like to clarify some points here. Due to pending matters we are unable to get into everything in great detail, though we’d certainly love to and are looking forward to the opportunity.
1) The problem with the U.S. withdrawals (and even other currencies for that matter) is that our bank can no longer handle the volume of withdrawals. They struggled in the last two months, and the increase due to the Dwolla separation has made it increasingly more difficult. The pressure we brought onto the bank’s resources finally gave in, and we are now working with them to find an alternative method (hence the suspension). We would have preferred to give notice if we were able to, but it was sudden for us as well.
2) We are now working with new banks and alternative methods for transmitting money to our customers. This does not mean we are stopping entirely within the next two weeks, but it will be slower than we would like. We are literally going to use our manpower to process withdrawals ourselves, manually. This will take more time, but we are dedicated to doing as many per day as possible. We announced a suspension in order to manage expectations while we deliver at a temporary reduced rate. Our goal is to have a new system set up in the next weeks with clarity for both the banks and for our customers.
3) Our previous release was rather vague, but for a reason. Mainly, we don't want to upset our bank! They do great work, but our kind of business is completely new to the banking industry. Processing international wires does not just involve pushing a button. It requires real manpower processing everything individually, even in this modern computer age. While Bitcoin's power lies in its ability to transfer fast and securely through software, the rest of the financial world does not operate like that (contrary to popular opinion). Money is surprisingly analog in many ways, and scarily digital in others.
4) Every customer’s funds are safe, sound, and accounted for. In fact, in our dealings with the Japanese financial regulators we have been assured that we are not under local pressure or suspicion and can operate as usual within normal legal frameworks.
5) Mt. Gox is certainly not a martyr, but it would be hard to argue that we aren’t "taking one for the team" as far as Bitcoin is concerned. We are a big target, and are absorbing the frustrations of Bitcoiners, regulators, banks, and a media that still doesn't quite understand what Bitcoin is. This is a job we are happy to fill, and not just because we are compensated for it. Our hope is that, once Bitcoin finds its place, we will be able to say that we made a difference in sorting it all out in the early days. New exchanges, business models, merchants, traders, and consumers are rising up to innovate and create a whole new way of doing business. A lot of lawyers are getting new cars in the meantime too.
6) As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning.
7) The new trading engine is finished, is smokin’ fast, and is currently undergoing bench tests. We’re looking forward to deploying it very soon.
While not the most in-depth update we'd like to give, we hope that it has at least clarified a few things. In the next few weeks we are planning to do another AMA on Reddit when we’ll hopefully be able to answer many more questions and also shed some light on what’s been going on at Mt. Gox these past months. Thank you for your patience and support.
submitted by WeAreMtGox to Bitcoin [link] [comments]

[H] Windows 10 / 7 / 8/ 8.1 | Servers | Office | Visio | Project [W] Venmo, Square Cash, Skrill, Amazon Gift, Bitcoin, Dwolla, PayPal

U.S. PAYPAL BUYERS

This message is to those of you in the U.S. who use PayPal. Due to a lot of issues I've been having with Paypal i'm transitioning to Square Cash and Venmo. I assume most of you have a bank account with a debit card and a smartphone. That's all you need! Another good reason is because there are no fees with anyone of these services :) Please help me out by making the jump Square Cash or Venmo! (This only applies to U.S. residents)

These alternate payment methods only work in the U.S.

PAYMENT METHODS

BUYERS PAY PAYPAL FEES WHEN PAYPAL IS USED NO EXCEPTIONS!!!!

HOW TO BUY

WINDOWS 10

Windows 10 Price Download Paying with Credit Card Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 10 Home $35 32/64Bit Download Pay Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Home N $25 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro N $40 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise $50 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise N $45 Request Link Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal

WINDOWS 8.1

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OFFICE

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Office 2010 Standard $20 32/64bit Download Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
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WINDOWS SERVER

Server Price Download
Windows Server 2012 R2 Standard $20 Download
Windows Server 2012 R2 Datacenter $25
Windows Server 2012 R2 Essentials $30

PROJECT

Project Price Download
Project 2013 Pro $20 32/64 Bit Download
Project 2016 Pro $30 32/64 Bit Download

VISIO

Visio Price Download
Visio 2013 Pro $20 32/64 Bit Download
Visio 2016 Pro $30 32/64 Bit Download
submitted by s5ean to microsoftsoftwareswap [link] [comments]

[H] Windows 10 / 7 / 8/ 8.1 | Servers | Office | Visio | Project [W] Square Cash, Skrill, Amazon Gift, Bitcoin, Credit Cards, PayPal

U.S. PAYPAL BUYERS

This message is to those of you in the U.S. who use PayPal. Due to a lot of issues I've been having with Paypal i'm transitioning to Square Cash, I assume most of you have a bank account with a debit card and a smartphone. That's all you need! Another good reason is because there are no fees with Square Cash :) Please help me out by making the jump Square Cash (This only applies to U.S. residents)

These alternate payment methods only work in the U.S.

PAYMENT METHODS

BUYERS PAY PAYPAL FEES WHEN PAYPAL IS USED NO EXCEPTIONS!!!!

HOW TO BUY

WINDOWS 10

Windows 10 Price Download Paying with Credit Card Paying with Square Cash Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 10 Home $35 32/64Bit Download Pay Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro $45 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Home N $25 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro N $40 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise $50 32/64Bit Download Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise N $45 Request Link Pay with Credit Card Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card

WINDOWS 8.1

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OFFICE

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Office 2013 Professional Plus $30 32bit 64bit Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Office 2016 Professional Plus $40 Request Download Pay with Credit Card Pay with Square Cash Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
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WINDOWS SERVER

Server Price Download
Windows Server 2012 R2 Standard $20 Download
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Windows Server 2012 R2 Essentials $30

PROJECT

Project Price Download
Project 2013 Pro $20 32/64 Bit Download
Project 2016 Pro $30 32/64 Bit Download

VISIO

Visio Price Download
Visio 2013 Pro $20 32/64 Bit Download
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submitted by s5ean to microsoftsoftwareswap [link] [comments]

Cult of Turtle - 38 lessons for safe Bitcoin trading from #bitcoin-otc IRC

intro

#bitcoin-otc is a trading channel on the Freenode IRC server that has existed since 2011 and is still around today. It's been a well known hub among Bitcoin traders, buyers and sellers and the chatroom has helped facilitate tens of thousands of trades across its lifespan.
Across its lengthy existence, many important lessons in safe trading have been learned by its members. One of its members has compiled a great deal of wealth into a document known as "Cult of Turtle", which contains 38 of the most valuable tips you could keep in mind when trading.
The list has been around for years now, and has been proven time and time again to be extremely accurate. (and tounge-in-cheek partly)
I've left all of the tips and original phrasing to preserve the original feeling of the guide - but for Reddit's benefit, I've highlighted the most relevant ones that are also extremely applicable when trading on Reddit or elsewhere. (and omitted several less relevant ones)
Hopefully this wealth of knowledge will help improve your resiliency to scams and scammers. :)

Cult of Turtle - 38 lessons for safe Bitcoin trading from #bitcoin-otc IRC

2. Never trade with someone who doesn’t have a long and good AND RECENT trade history (check ;;gettrust, ;;events).
5. Never lend bitcoins. you will probably never see them again. As Coolio- used to say “Loans are a gift”.
8. Don’t talk about your money, worth, or wealth
9. Don’t leave large sums in shared or online wallets (or other online games or services)
11. If someone is scammer tagged, don’t give them the benefit of the doubt. it might feel weird to consider someone guilty until proven innocent, but it will save your coins.
12. High yield investment programs (HYIP) or loans are pretty much always scams. think about it. if it sounds too good to be true…
13. Never let someone control your computer (teamviewer scams). Don’t install anything suspicious on your computer (trojans, viruses). Ideally have a clean dedicated computer for your transactions. Wipe that computer regularly.
14. There are no tricks to avoid chargebacks on paypal, credit cards, moneypak, dwolla, banks, etc. some services might be harder to chargeback, but nothing is immune.
15. People with good reps can turn bad or get in a bad spot. having a good rep does not mean they will never scam.
16. Break up large transactions into smaller ones, preferably with multiple people
18. Don’t trust someone who can’t speak proper English or your language of choice. this may sound classist, but your money is on the line; trade with professionals or reputable people
22. Don’t trust fast talkers, sweet talkers, smooth talkers. don’t be swayed by emotion or inability to think. a good deal is rarely time sensitive.
23. If someone gets agitated when you ask questions, they were probably trying to scam you
25. Many people offer escrow. use it. BUT ONLY IF YOU TRUST THE PERSON OFFERING ESCROW.
27. Don’t trust gamblers, addicts, or people who are constantly broke
30. Someone buying just to build ratings is suspicious. this goes for the OTC, btcjam, or anywhere else. beware.
31. Don’t use paypal. come on. people tell you this all the time. and for a reason. it’s easy to get scammed by people using paypal. and it’s easy for paypal to freeze your assets and hold your money for 180 days. [same applies for ebay]
32. You will eventually hear someone say “come on, it’s not like I’m going to scam someone for just $___”. yes. someone would scam for that amount. don’t fall for it
34. People with non-random X ending their name are highly likely to be a scammer have you ever noticed that everyone with names ending in a random x is highly likely to be a scammer? freefox <– non-random thetruthx <— random also, framing x’s are not so random xFBASTAGEx <– not so random
35. Unsolicited messages/spam/requests to trade are almost always scams.
36. Trust your gut. if someone gives you a bad vibe, there’s probably a reason. be safe rather than sorry
38. Nobody listens to turtle
You can find the full source on one of the mirrors: http://pi.littlebird-design.com/bitcoin/cult-of-turtle/ (or http://www.cultofturtle.com but seems like that ones hosting expired)
Which tips from this list are your favourite, have helped you prevent scams, or are completely new to you? Comment below and share your insight with others. :)
Cheers!
submitted by homm88 to RedditTradingTalk [link] [comments]

Peter R’s Theory on the Collapse of Mt. Gox

TL/DR: A young man had a secret. To keep it hidden, he kept digging until the hole was a billion dollars deep. This is a speculative tale of a great bitcoin theft from MtGox in 2011 and the efforts that this man undertook to fix it. The tale explains the bitcoin bear market of 2011, the explosive rally of 2013, delayed fiat withdrawals, malled transactions, and a bot named Willy.
By the time you realize that real life has begun, you are already three moves in.”—Author unknown
It was June 19, 2011. Mark, a 26 year-old young man—a boy really—was ecstatic. He had recently purchased MtGox—a small, online exchange for trading virtual tokens—and business was booming. These virtual tokens were called bitcoins and Mark loved them.
Bitcoins were an obscure curiosity: a peer-to-peer electronic cash system that allowed users to store and exchange credits with any other user in the world, nearly instantly, and without the assistance of a third-party or the permission of an authority. All that was needed was a 78-digit secret number—a key if you will.
In order for his customers to withdraw their bitcoins over the internet, MtGox stored some of these keys on its online server. The remaining keys were stored on USB drives and backed up on paper to prevent theft should the server be compromised.
But theft was hardly a concern. In October of 2010, bitcoins were trading for $0.10 and the half a million bitcoins held by MtGox was worth only $50,000. But still Mark took precautions, diligently moving bitcoins to offline storage and leaving only what was necessary for customer withdrawals online. He truly wanted both his business and bitcoin to succeed.
By April, the bitcoin price had risen to $1 and by June it had exploded to $30. Between June 1 and June 15, an additional one million bitcoins were sent to MtGox and immediately sold, crashing the price back to $10. It was a hectic time, with hundreds of customers needing help, visits from the FBI related to the Silk Road black market, and stress related to the recent market crash. Young Mark was becoming a victim of his own success: there simply wasn’t enough time to get everything done. On this very day in June 2011, the keys to the recently-deposited 1,000,000 BTC were still sitting on his server.
Later this day, a group of hackers gained access to MtGox servers and executed fake trades that the world could see, driving the nominal price of bitcoin near $0. Mark was frantic. He quickly regained control of the servers and learned the dark truth: the million bitcoins that had recently flooded in earlier that month were gone. Mark admitted publically to the hack, rewound the false trades, but kept the truth of the missing coins a secret.
How could this 26-year old explain to his customers that he had lost their bitcoins? And if the world found out, would this kill the thing he loved so dearly? Would he go to jail? Or worse yet, would someone kill him? Mark decided that he would do what he thought was right: he would slowly earn back the lost bitcoin with MtGox trading fee profits and eventually make his customers whole again. He still had over 500,000 BTC left—he moved 424242.42424242 BTC between bitcoin addresses and convinced the community that MtGox was solvent. As long as withdrawals didn’t exceed deposits over a long period of time, no one would ever find out the truth. Or so he thought.
Meanwhile, the bitcoin thieves slowly mixed their coins with other coins, obfuscating the chain of ownership, and then re-selling these coins on MtGox using sock-puppet accounts. Mark tried to stop them, but there was no way he could know for sure which accounts were fraudulent—he even accused innocent people of bitcoin laundering. The constant selling of these stolen bitcoins drove the price down to $2 in November 2011. Mark faithfully used all of the MtGox profits to purchase coins back during this decline. But he would never use customer funds—that was a line he swore not to cross.
The selling of these stolen bitcoins continued at a diminished rate over 2012, and Mark continually purchased coins using the MtGox trading fees. The bitcoin economy was growing and new exchanges were opening up across the world. His bitcoin reserves weren’t building fast enough but the price of bitcoin kept rising (along with the dollar value of the missing bitcoins). He was worried that other exchanges would suck coins out of Gox and reveal his secret. He decided he needed to take decisive action: for the first time, he used customer funds to purchase real bitcoins. These large purchases by Mark further increased demand and ignited the great rally of spring 2013 when the bitcoin price shot from $20 to $266. Mark had reduced his liability in bitcoins, but in dollar terms the coins that were still missing were worth more than ever before.
On May 15, 2013 the US Department of Homeland Security seized millions of dollars from the MtGox Dwolla bank account. MtGox dollar reserves were already depleted at this point, and with the recent seizure, Mark could no longer make good on customer withdrawals in US dollars.
Under the guise of “banking problems,” MtGox slowed US dollar withdrawals to a trickle in the summer of 2013. Customers became increasingly worried and began to bid up the price of bitcoin on MtGox, as this was the only way to escape with their funds. MtGox had little fiat and very little bitcoins, but it learned one thing: as the price differential between Gox and BitStamp grew, the outwards flow of bitcoin slowed dramatically.
And so Willy was born. Willy was a bot, discovered by Wall Observers from bitcointalk.org and named by Opet on Bonavest's trading show, who would consistently purchased bitcoins at regular intervals between November 2013 and February 2014. Evidence that Willy belonged to Mark was revealed when both web and API trading at Gox was disabled for a brief period of time, exposing Willy as the only one left buying.
Willy served two purposes: he drove the price of bitcoin on the MtGox exchange high, thereby slowing and sometimes reversing the outward flow of real BTC, and he reduced the number of GoxBTC held by clients. Of course, this meant that Willy eventually became the owner of a huge number of GoxBTC (that were of course no longer backed by real BTC).
By December, the situation at MtGox was grim. In a desperate attempt to attract more funds, Mark offered reduced trading fees under the guise of celebrating their 1,000,000th customer. This partially worked, but Mark knew it was too late. If MtGox collapsed, it must appear that he didn’t know about the theft until now—for it was better to appear incompetent than criminal.
It was time to cover his tracks.
He purposely mixed immature coins into bitcoin withdrawals to delay the outward flow of coins, and later began malling his own transactions. He added the Gox malleability weakness not as a bug, but as a feature, so that it would seem plausible that outsiders had recently stolen the coins without his awareness. No coins were actually lost to malleability.
The MtGox coin supply dwindled to 2,000 BTC and on February 7, 2014. He had no choice but to disable bitcoin withdrawals. The end was near.
The problem Mark faced was that his customers had $150,000,000 credited to their accounts, yet the MtGox bank account only contained $38,000,000. He could blame the missing bitcoins on transaction malleability, but how could he explain where the fiat money went?
He shifted Willy into reverse and cranked the throttle. Willy relentlessly dumped bitcoins into the open bids. The price fell further and further, eventually dropping well below the BitStamp price. But still not enough people were buying! He needed his customers to buy the GoxBTC. Willy kept dumping coins until finally the price dropped below $100. MtGox even acquired new USD bank wires from customers looking to purchase the cheap coins. By this time, the majority of Gox customers had converted their dollars into bitcoins.
On February 28, 2014, Mt Gox filed for bankruptcy protection in Tokyo, reporting 6.5 billion yen in liabilities, 3.8 billion yen in assets, and 750,000 of customer bitcoins missing. Willy had failed to completely close the fiat solvency gap and Mark finally admitted to having lost the coins.
Now we watch the rest of the story unfold. A story of how an oversight during a hectic period, an untimely theft, and an attempt to cover it up, lead to the greatest loss in the history of bitcoin.
Cross-posted from: https://bitcointalk.org/index.php?topic=497289.0
submitted by Peter__R to Bitcoin [link] [comments]

[H] OFFICE 2016 FOR PC & MAC NOW IN STOCK! Windows 10 / 7 / 8/ 8.1 | Servers | Office | Visio | Project | Anti-Virus [W] Google Wallet, Venmo, Square Cash, Skrill, Amazon Gift, Bitcoin, Credit Cards, PayPal

U.S. PAYPAL BUYERS

This message is to those of you in the U.S. who use PayPal. Due to a lot of issues I've been having with Paypal i'm transitioning to Google Wallet, Square Cash and Venmo. I assume most of you have a Gmail email, bank account with a debit card and a smartphone. That's all you need! Another good reason is because there are no fees with anyone of these services :) Please help me out by making the jump to Google Wallet, Square Cash or Venmo! (This only applies to U.S. residents)

PAYMENT METHODS

NOW ACCEPTING DWOLLA!

BUYERS PAY PAYPAL FEES WHEN PAYPAL IS USED NO EXCEPTIONS!!!!

HOW TO BUY

WINDOWS 10

Windows 10 Price Download Paying with Google Wallet Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 10 Home $35 32/64Bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro $45 32/64Bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Home N $25 32/64Bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Pro N $40 32/64Bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise $50 32/64Bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 10 Enterprise N $45 Request Link Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal

WINDOWS 8.1

Windows 8.1 Pro OEM Price
Win 8.1 Pro OEM $50
Windows 8.1 Price Download Paying with Google Wallet Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 8.1 Standard $20 32bit/64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 8.1 Pro $25 32bit/64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 8.1 Enterprise $30 64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Amazon Gift Card Pay with PayPal
Windows 8.1 Pro N $20 32bit/64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal

WINDOWS 8

Windows 8 Price Download Paying with Google Wallet Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 8 Pro $20 32bit/64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 8 Pro N $20 32bit/64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal

WINDOWS 7

Windows 7 Price Download Paying with Google Wallet Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Windows 7 Home Premium $20 32bit/64bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 7 Professional $20 32bit/64bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 7 Ultimate $25 32bit/64bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Windows 7 Enterprise $30 Request Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal

OFFICE

Office Price Download Paying with Google Wallet Paying with Square Cash Paying with Venmo Paying with Bitcoin Paying with Amazon Gift Card Paying with PayPal
Office 2010 Standard $20 32/64bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Office 2010 Professional Plus $25 32bit 64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Office 2013 Standard $25 64/32bit Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Amazon Gift Card Pay with PayPal
Office 2013 Professional Plus $30 32bit 64bit Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Office 2016 Professional Plus $40 Request Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Pay with Amazon Gift Card Pay with PayPal
Office 2016 For Mac Home And Business $35 Request Download Pay with Google Wallet Pay with Square Cash Pay with Venmo Pay with Bitcoin Amazon Gift Card Pay with PayPal

WINDOWS SERVER

Server Price Download
Windows Server 2012 R2 Standard $20 Download
Windows Server 2012 R2 Datacenter $25
Windows Server 2012 R2 Essentials $30

PROJECT

Project Price Download
Project 2013 Pro $20 32/64 Bit Download
Project 2016 Pro $30 32/64 Bit Download

VISIO

Visio Price Download
Visio 2013 Pro $20 32/64 Bit Download
Visio 2016 Pro $30 32/64 Bit Download

ANTI-VIRUS

Anti-Virus Price Download
Bitdefedner Antivirus Plus 1 Year (1 PC) $35 Download
AVG Anti Virus 2015 3 Years (3 PC's) $55 Download
Norton 360 1 Year (3 PC's) $45 Download
Kaspersky Internet Security 1 Year (3PC's $50 Download
NOD32 Anti-Virus 1 Year (3PC's) $40 Download
submitted by s5ean to microsoftsoftwareswap [link] [comments]

[H] PayPal, Chase Quickpay, Google Wallet, Square, SnapCash, Apple Pay, Venmo, BTC, ETH, LTC [W] Gift Cards (Amazon GC @ 85-92%)

Click Here to start a trade with me!

Update 04/08/18 - Delayed Payment Bonuses

Today I'm introducing "Delayed Payment Bonuses". These bonuses range from 2-7%, and they are just rate increases for having your payment delayed. By delaying your payment, you give me more time to successfully hold and verify a gift card. With the extra time to hold your gift card I am able to pay you a higher rate.
The delayed payment range usually is an extra 7-14 days, rather that the traditional near instant payment.
Take a look at the payment table and you'll see what rates you can get by delaying your payment. When you start a message thread with me, include delayed payment bonus if you're interested in delaying the payment.
By delaying your payment on an Amazon gift card, you'll receive 92% cash rather than the traditional 85% cash.

Gift Card Rates Table

Gift Card Base Rate Crypto Rate Delayed Payment Bonus
Amazon 5.00% 0.00% 87%
Best Buy 80.00% 75.00% 3%
Sam's Club 80.00% 75.00% 2%
Target 80.00% 75.00% 2%
Walmart 80.00% 75.00% 2%
Ebay 77.00% 72.00% 5%
Home Depot 76.00% 71.00% ---
New Egg 75.00% 70.00% ---
Lowe's 73.00% 68.00% ---
American Airlines 72.00% 67.00% ---
Columbia 72.00% 67.00% ---
GameStop 72.00% 67.00% 2%
Sears 71.00% 66.00% ---
Apple Store (not iTunes/App Store) 70.00% 65.00% 5%
Disney (not Disney Store) 70.00% 65.00% ---
Google Play 70.00% 65.00% ---
Groupon 70.00% 65.00% ---
Karma Koin 70.00% 65.00% ---
Macy's 70.00% 65.00% ---
Netflix 70.00% 65.00% ---
Overstock 70.00% 65.00% ---
Playstation Network 70.00% 65.00% ---
Pottery Barn 70.00% 65.00% ---
Sephora 70.00% 65.00% ---
Southwest Airlines 70.00% 65.00% ---
Staples 70.00% 65.00% ---
Starbucks 70.00% 65.00% ---
Tiger Direct 70.00% 65.00% ---
Itunes (Not Apple Store) 69.00% 64.00% ---
White House Black Market 69.00% 64.00% ---
Tory Burch 68.50% 63.50% ---
Adidas 68.00% 63.00% ---
Neiman Marcus 68.00% 63.00% ---
Office Depot 68.00% 63.00% ---
Office Max 68.00% 63.00% ---
Saks Fifth Avenue 68.00% 63.00% ---
Bloomingdale's 67.00% 62.00% ---
Cheesecake Factory 67.00% 62.00% ---
H-E-B Grocery Store 67.00% 62.00% ---
Kohls 67.00% 62.00% ---
Ralph Lauren 67.00% 62.00% ---
The Container Store 67.00% 62.00% ---
Whole Foods 67.00% 62.00% ---
Nintendo Prepaid 66.00% 61.00% ---
Allen Edmonds 65.00% 60.00% ---
American Eagle 65.00% 60.00% ---
Aveda 65.00% 60.00% ---
Barnes and Noble 65.00% 60.00% ---
Bath & Body Works 65.00% 60.00% ---
Bed Bath Beyond 65.00% 60.00% ---
Burger King 65.00% 60.00% ---
Burlington Coat Factory 65.00% 60.00% ---
Cabela's 65.00% 60.00% ---
Itunes (Not Apple Store) 65.00% 60.00% ---
Chico's 65.00% 60.00% ---
Chipotle 65.00% 60.00% ---
Crate and Barrel 65.00% 60.00% ---
Darden Restaurants 65.00% 60.00% ---
Dave & Buster's 65.00% 60.00% ---
Dell 65.00% 60.00% ---
Famous Footwear 65.00% 60.00% ---
Gap 65.00% 60.00% ---
Great Clips 65.00% 60.00% ---
Ihop 65.00% 60.00% ---
Ikea 65.00% 60.00% ---
JCPenney 65.00% 60.00% ---
JCrew 65.00% 60.00% ---
Lane Bryant 65.00% 60.00% ---
MAC Cosmetics 65.00% 60.00% ---
Menard's 65.00% 60.00% ---
Microsoft Store 65.00% 60.00% ---
Nike 65.00% 60.00% ---
Nordstrom 65.00% 60.00% ---
North Face 65.00% 60.00% ---
Old Navy 65.00% 60.00% ---
PAC Sun 65.00% 60.00% ---
Ray-Ban 65.00% 60.00% ---
Reebok 65.00% 60.00% ---
Steam 65.00% 60.00% ---
Under Armour 65.00% 60.00% ---
Verizon (Not the Prepaid Cards) 65.00% 60.00% ---
Walgreens 65.00% 60.00% ---
Xbox Prepaid 65.00% 60.00% ---
Bass Pro Shops 64.00% 59.00% ---
Panda Express 64.00% 59.00% ---
Bonefish 63.00% 58.00% ---
Carrabas 63.00% 58.00% ---
Domino's 63.00% 58.00% ---
Finish Line 63.00% 58.00% ---
Footlocker 63.00% 58.00% ---
Hibbett Sports 63.00% 58.00% ---
HP 63.00% 58.00% ---
Olive Garden 63.00% 58.00% ---
Osh Kosh 63.00% 58.00% ---
Papa John's Pizza 63.00% 58.00% ---
Red Robin 62.00% 57.00% ---
Chili's Restaurants 61.00% 56.00% ---
Fandango 61.00% 56.00% ---
Regal Entertainment 61.00% 56.00% ---
Airbnb 60.00% 55.00% ---
AMC Theatres 60.00% 55.00% ---
Applebee's 60.00% 55.00% ---
Baby Gap 60.00% 55.00% ---
Buffalo Wild Wings 60.00% 55.00% ---
Childrens Place 60.00% 55.00% ---
Choice Hotels 60.00% 55.00% ---
Cole Han 60.00% 55.00% ---
Dick's Sporting Goods 60.00% 55.00% ---
Fry's Electronics 60.00% 55.00% ---
Gap Kids 60.00% 55.00% ---
Gap Options 60.00% 55.00% ---
HHGregg 60.00% 55.00% ---
hotels.com 60.00% 55.00% ---
Hyatt 60.00% 55.00% ---
Jo Malone 60.00% 55.00% ---
Kate Spade 60.00% 55.00% ---
KFC 60.00% 55.00% ---
Macaroni Grill 60.00% 55.00% ---
Regal Cinemas 60.00% 55.00% ---
TJ Maxx 60.00% 55.00% ---
Ulta 60.00% 55.00% ---
PetSmart 58.00% 53.00% ---
Dunkin' Donuts 55.00% 50.00% ---
Eddie Bauer 55.00% 50.00% ---
Forever 21 55.00% 50.00% ---
Henri Bendel 55.00% 50.00% ---
Jiffy Lube 55.00% 50.00% ---
L L Bean 55.00% 50.00% ---
Land's End 55.00% 50.00% ---
New Balance 55.00% 50.00% ---
Sheetz 55.00% 50.00% ---
Cold Stone 50.00% 45.00% ---
Panera Bread 50.00% 45.00% ---
uber 50.00% 45.00% ---
7 for all mankind 43.00% 38.00% ---
H&M 35.00% 30.00% ---
Lord and Taylor 35.00% 30.00% ---
Ninety Nine Restaurants 35.00% 30.00% ---
Nine West 35.00% 30.00% ---
Outback 35.00% 30.00% ---
REI 35.00% 30.00% ---
Subway 35.00% 30.00% ---
Sur La Table 35.00% 30.00% ---
TicketMaster 35.00% 30.00% ---
Sunglass Hut 10.00% 5.00% ---
Express 5.00% 0.00% ---
Kmart 5.00% 0.00% ---
TGI Fridays 5.00% 0.00%​ ---

Additional Info

submitted by Fishering to GCTrading [link] [comments]

BITCOIN: DHS Shuts Down Dwolla Payments To and From Mt Gox - seizes funds! How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner ... BitCoin: How to Transfer funds to Dwolla BitCoin: Using Dwolla to get Bitcoins Make Money 10000$ Per Day With Bitcoin  Without ...

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BITCOIN: DHS Shuts Down Dwolla Payments To and From Mt Gox - seizes funds!

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