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-   -   So what kind of Bitcoin site are you starting? (https://gfy.com/showthread.php?t=1103587)

lyno 03-19-2013 05:09 PM
Quote:
Originally Posted by mayabong (Post 19536145)
I'm trying to check out but all my bitcoins are on Coinbase and they are having some glitch. When I check out I'll let you know. Don't worry about the $5
Thanks :) I deleted your old order, just to avoid a mess up with the coupons. Seems like a few days are not enough to get into Zen Cart. I'll mail you a bigger coupon as little compensation for your efforts.

mayabong 03-19-2013 05:28 PM
Quote:
Originally Posted by lyno (Post 19536155)
Thanks :) I deleted your old order, just to avoid a mess up with the coupons. Seems like a few days are not enough to get into Zen Cart. I'll mail you a bigger coupon as little compensation for your efforts.
You might get a payment into your OK pay account when coinbase decides to send it. I've never had a problem with them before, but word to the wise always never leave too many BTC's on a 3rd party site.

AsianDivaGirlsWebDude 03-19-2013 05:40 PM
From Wired (Dec 2012):

Quote:
The FBI sees the anonymous Bitcoin payment network as an alarming haven for money laundering and other criminal activity ? including as a tool for hackers to rip off fellow Bitcoin users.

That?s according to a new FBI internal report that leaked to the internet this week, which expresses concern about the difficulty of tracking the identify of anonymous Bitcoin users, while also unintentionally providing tips for Bitcoin users to remain more anonymous.

The report titled ?Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity,? (.pdf) was published April 24 and is marked For Official Use Only (not actually classified), but was leaked to the internet on Wednesday.

In the document, the FBI notes that because Bitcoin combines cryptography and a peer-to-peer architecture to avoid a central authority, contrary to how digital currencies such as eGold and WebMoney operated, law enforcement agencies have more difficulty identifying suspicious users and obtaining transaction records.
Quote:
?If Bitcoin stabilizes and grows in popularity, it will become an increasingly useful tool for various illegal activities beyond the cyber realm,? the FBI writes in the report. ?For instance, child pornography and Internet gambling are illegal activities already taking place on the Internet which require simple payment transfers. Bitcoin might logically attract money launderers, human traffickers, terrorists, and other criminals who avoid traditional financial systems by using the Internet to conduct global monetary transfers.?
Quote:
There have been several cases of hackers using malware to steal the currency in the virtual wallet stored on a user?s machine.

Last year, computer security researchers discovered malware called ?Infostealer.Coinbit? that was designed specifically to steal bitcoins from virtual Bitcoin wallets and transfer them to a server in Poland.

One Bitcoin user complained in a Bitcoin forum that 25,000 bitcoins had been stolen from an unencrypted Bitcoin wallet on his computer. Since the exchange rate for bitcoins at the time was about $20 per bitcoin, the value of his loss at the time was about $500,000. A popular web hosting company called Linode was also infiltrated by an attacker looking to pilfer bitcoins.

And there have also been cases of hackers attempting to use ?botnets? to generate bitcoins on compromised machines.


Caveat emptor... :winkwink:

:stoned

ADG

adulttraffic 03-19-2013 05:51 PM
Quote:
Originally Posted by lyno (Post 19536147)
Why should Bitcoin transactions be taxed? If somebody gives you cash or sends you paypal that transfers is not taxed also. You, as receiver of the money, pays the tax (or not).
Because many states believe they are entitled to a sales tax. So if you purchased something from California using bitcoin the state of California wants their cut no matter where the purchaser resides. This is the reason why sites like Amazon charge sales tax on many sales even if the purchaser resides in another state.

AsianDivaGirlsWebDude 03-19-2013 11:45 PM
http://i.imgur.com/5W8pf.jpg

:stoned

ADG

dyna mo 03-20-2013 05:30 AM
Quote:
Originally Posted by adulttraffic (Post 19536213)
Because many states believe they are entitled to a sales tax. So if you purchased something from California using bitcoin the state of California wants their cut no matter where the purchaser resides. This is the reason why sites like Amazon charge sales tax on many sales even if the purchaser resides in another state.
completely wrong.



here is the correct way:

If you are running a business in a origin-based state, you would collect sales taxes for your state on all of your retail sales.

However, if you are running a business in a destination-based state, you would not have to collect your state's sales tax on sales that are shipped out-of-state. You would also not have to collect sales taxes for the customer?s state unless you have Nexus, or a physical presence, in that state. The customer would simply pay the sales/use tax on their own.

CurrentlySober 03-20-2013 05:36 AM
A Gay One...

I want biz from Harmon... He likes the gay...

:2 cents:


:helpme

lezinterracial 03-20-2013 05:39 AM
A while back I was thinking of making a site like bitvisitor.com that paid people in bitcoins to view ads. But instead of viewing regular ads it would have been porn ads.

tony286 03-20-2013 05:48 AM
this is the type of shit that makes it scary
http://www.pcworld.com/article/23489...html#tk.hp_new

dyna mo 03-20-2013 05:52 AM
all new ventures have a higher level of risk. not to mention all currencies are faked as well.

CurrentlySober 03-20-2013 06:10 AM
fiddy gay shitcoins!!!!!!!

TheSquealer 03-20-2013 06:54 AM
I always find it interesting how people can distort reality to fit their own personal model of the world which, (as can be said for all of us) is most often shaped by whats wrong with them, rather than whats right with them.

How much is a diamond worth if anyone can create diamonds? Nothing.

Forgetting all the practical issues... and the generally grown up understanding of monetary systems and the need for oversight, what is a bit coin worth, when there are 1000 similar competing currencies? People look at the value of bitcoins to "prove" they are right. But I would first ask "If you can just write some software to create a currency... why aren't people doing this all over the world right now? Because people are confident in it?... "what stops people from creating titcoins, mitcoins, shitcoins, titcoins, itcoins, shoecoins, dogcoins etc etc??"

mayabong 03-20-2013 08:31 AM
Quote:
Originally Posted by TheSquealer (Post 19536924)
I always find it interesting how people can distort reality to fit their own personal model of the world which, (as can be said for all of us) is most often shaped by whats wrong with them, rather than whats right with them.

How much is a diamond worth if anyone can create diamonds? Nothing.

Forgetting all the practical issues... and the generally grown up understanding of monetary systems and the need for oversight, what is a bit coin worth, when there are 1000 similar competing currencies? People look at the value of bitcoins to "prove" they are right. But I would first ask "If you can just write some software to create a currency... why aren't people doing this all over the world right now? Because people are confident in it?... "what stops people from creating titcoins, mitcoins, shitcoins, titcoins, itcoins, shoecoins, dogcoins etc etc??"
There are other crypto currencies.. but mostly just copies of bitcoin with minor changes. Bitcoin has first mover advantage.. lots of infrastructure built into it.


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