Urban75 Home About Offline BrixtonBuzz Contact

Bitcoin discussion and news

Hi there, I've got a question too...I'm interested in bitcoins but was also wondering if there's a way to audit what happens to the bitcoins after they leave your account. Can this be done with bitcoins now? i.e. Are the transactions totally anonymous, or is there a centralized register of who has owned the coins over time?
 
Hi there, I've got a question too...I'm interested in bitcoins but was also wondering if there's a way to audit what happens to the bitcoins after they leave your account. Can this be done with bitcoins now? i.e. Are the transactions totally anonymous, or is there a centralized register of who has owned the coins over time?

There is a list of all transactions. But no real way of seeing who owned or made any of the transactions.
 
Thanks, was curious because I thought it might reduce fraud or corruption online if you could see where the bitcoins end up after they leave your account...I guess it would be like having the ability to track a real banknote after you spend it...appreciate this may not be such a great idea if you do want total anonymity for transactions but if I were able to pay some government offical with auditable coins then i could check that they hadn't just ended up in their own private account for example and if I was ripped off then I could see where the coins were spent next.
 
Hi there, I've got a question too...I'm interested in bitcoins but was also wondering if there's a way to audit what happens to the bitcoins after they leave your account. Can this be done with bitcoins now? i.e. Are the transactions totally anonymous, or is there a centralized register of who has owned the coins over time?

That's what the blockchain is, a peer to peer distributed ledger. Btc is not anonymous it's pseudonomynous.
 
Am using Bitcoin-QT on a mac and the blockchain is swallowing up 10.8GB of disk space on my SSD and I would rather shove it onto the HDD. Can't seem to find any definitive instructions online so is it just a matter of moving the
Code:
~/Library/Application Support/Bitcoin/blocks
directory from the SSD to the HDD? How do I tell the Bitcoin-QT application to then look for and download updates to the blockchain in the new location? Thanks in advance for any pointers.
 
Sell your bitcoins, do it now.

its-happening-ron-paul-gif.gif
 
Am using Bitcoin-QT on a mac and the blockchain is swallowing up 10.8GB of disk space on my SSD and I would rather shove it onto the HDD. Can't seem to find any definitive instructions online so is it just a matter of moving the ~/Library/Application Support/Bitcoin/blocks directory from the SSD to the HDD? How do I tell the Bitcoin-QT application to then look for and download updates to the blockchain in the new location? Thanks in advance for any pointers.

Sorted - moved the directory, set up a symlink to it's new location.
What's the best (i.e. with the least transactional costs) place to sell bitcoins for GBP and get that cash back in your account?

Anyone?
 
http://www.theguardian.com/technology/2013/aug/05/tor-deep-web-servers-offline-freedom-hosting

Telling you, sell your bitcoins. It silkroad next. When (not if) it goes down the value of bitcoins will plummet.

:confused:

That's it, the internet's over, sell your switches and your routers, cancel the broadband... there is now no further any need having things like that.

tbf I'm glad the National Political Police of USA have closed down Freedom Hosting due to child-porn. It's that troublesome balance though isn't it, the same rock pedo's hide under also lends cover to dissidents and journalists and people who just don't want to be part of the NSA's 'Long-Tail' so to speak. Obviously the Feds will use the pursuit of child-predators to justify their clamp-down on civil rights, same way they use terrorism. Who wants to stand up for a pedo's (or profiteers) right to child porn or the business thereof? Who wants to stand up for the hate-preachers right to preach hate, or distribute manuals on how to make a bomb etc.

All the above though has only a passing relevance as to the value of a wad of cash, be it in a cash-register with a neat roll of receipts (VAT included) or in a scruffy brown paper bag passed in an alleyway to a bloke in an overcoat... same thing btc.

Hoping to kick-off a selling panic means you either want to encourage cheap bitoins so you can buy more... or are in my opinion demonstrating a deficit of understanding on the subject (of money itself possibly). Love your work over on the Syria thread mind. :D
 
New York banking regulator targets Bitcoin and other virtual currencies

New York's top banking regulator is considering issuing regulatory guidelines for Bitcoin and other virtual currencies, according to a memo posted on its website on Monday.

Federal authorities have filed claims against other digital currency businesses. Last year, the FBI reported that Bitcoin was being used by criminals to move money around the world.

Benjamin Lawsky, superintendent of the New York Department of Financial Services (NYDFS), said in the memo that his department was concerned that virtual currency exchangers were violating current New York regulations for money transmitters, which require posting collateral and periodic examinations. He warned in the memo that "serving as a money changer of choice for terrorists, drug smugglers, illegal weapons dealers, money launderers, and human traffickers could expose the virtual currency industry to extraordinarily serious of [sic] criminal penalties."

Lawsky said the NYDFS was also considering new regulations specifically for the emerging currency products. "If virtual currencies remain a virtual Wild West for narcotraffickers and other criminals," he wrote, "that would not only threaten our country's national security, but also the very existence of the virtual currency industry."...
 
Well the end of the world hasn't happened. Silk Road is still there and the price of bitcoins is stable. Even if the Silk Road does go down (and after two years of existence, it's unlikely) there are already a number of other existing sites on tor which will fill the vacuum.
 

Every Important Person In Bitcoin Just Got Subpoenaed By New York's Financial Regulator
Forbes. 8/12/2013
The department is starting out by subpoenaing 22 digital-currency companies and investors to get a lay of the Bitcoin land. They sent letters to the major Bitcoin players asking them to hand over information regarding their money laundering controls, consumer protection practices, source of funding, pitch books (for Bitcoin start-ups) and investment strategies (for Bitcoin investors). The recipients of the subpoenas are nationwide and include everyone on the “people making real money on Bitcoin” list, such as Bitcoin exchanges and processors, “ mining equipment” maker Butterfly Labs, and major investors, such as the Winklevosses, Marc Andreessen & Ben Horowitz, and Google’s venture fund.
Looks like Google is also a "major investor"?

Meet the Dread Pirate Roberts, the man behind booming black market drug website Silk Road
Forbes. 8/14/2013
Roberts also has a political agenda: He sees himself not just as an enabler of street-corner pushers but also as a radical libertarian revolutionary carving out an anarchic digital space beyond the reach of the taxation and regulatory powers of the state–Julian Assange with a hypodermic needle. “We can’t stay silent forever. We have an important message, and the time is ripe for the world to hear it,” says Roberts. “What we’re doing isn’t about scoring drugs or ‘sticking it to the man.’ It’s about standing up for our rights as human beings and refusing to submit when we’ve done no wrong.”
"Julian Assange with a hypodermic needle"? Drug them first?
 
Well here's a noob question if ever there was one: BitBargain - any good?

yeah I've used them loads of times without any problems. It's the easiest way of buying BitCoins if you are in the UK (disclaimer: this is my opinion based on personal experience so please don't PM me death threats if it goes tits up)
 
yeah I've used them loads of times without any problems. It's the easiest way of buying BitCoins if you are in the UK (disclaimer: this is my opinion based on personal experience so please don't PM me death threats if it goes tits up)
Thanks DC. After taking a proper look at this thread I'm:
a) sort of embarrassed to have walked in here with such a punter question
b) ashamed and horrified that I didn't pick up on knowledge from known intelligent peeps around here, buy a pile when they were cheap and look forward to a delightful life of leisure. Pathetic, could have been a contender etc etc A 7900% increase on investment over 2 and a bit years is pretty good...
 
Even with the delays in getting your cash out of Mt.Gox, does it make it worth arbitraging between the exchanges? i.e buying Bitcoin on Bitstamp and selling on Mt.Gox.

To answer my question - I guess it can't be, as that would bring the prices quoted on each into alignment.
 
I'm not sure - on one hand I'm sure some people must be doing exactly that on the other it seems to obvious to be a realistic proposition - I am tempted just to try but then there's the possibility of the withdrawal from gox not having been processed and in the meantime the price of bitcoins going up...
 
Back
Top Bottom