Online Cash Bitcoin Could Challenge Governments, Banks

Discussion in 'privacy general' started by nightrace, Apr 16, 2011.

  1. Minimalist

    Minimalist Registered Member

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    http://www.newsfactor.com/news/Tense-Businesses-Stockpile-Bitcoin/story.xhtml?story_id=1220047J9NJY
     
  2. Minimalist

    Minimalist Registered Member

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  3. ronjor

    ronjor Global Moderator

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    The SEC just handed Bitcoin a huge setback

     
  4. Minimalist

    Minimalist Registered Member

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    https://www.forbes.com/sites/richardkestenbaum/2017/03/14/why-bitcoin-is-important-for-your-business
     
  5. Mrkvonic

    Mrkvonic Linux Systems Expert

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    I don't think there's anything profound here. Digital coins have been around for 30 years. Torrents are as de-centralized as bitcoin, and for all practical purposes, do the same thing, except bitcoin works with exponential complexity of downloads so to speak. The Internet per se serves information. There's no inherently valuable information in bitcoin. It's a convention.

    Mrk
     
  6. Minimalist

    Minimalist Registered Member

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    https://www.forbes.com/sites/sap/20...e-changer-but-not-because-its-cool-technology
     
  7. Palancar

    Palancar Registered Member

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    Quick update. Hanging out on LBC with folks and coins are moving at over 1300.00 USD now!
     
  8. mirimir

    mirimir Registered Member

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    I've checked a few VPN and VPS providers that use BitPay, and payments are being rejected. No CAPTCHA, just a message to check with the provider. I've heard similar reports from others. And I just saw that Torservers lost its BitPay account at the end of January.

    So what are possible workarounds? Some Tor exits have unlisted secondary IPs, and those might not be blacklisted. It's too bad that Tor doesn't have exit bridges ;) I'll probably end up routing a free VPN service through Tor.

    Longer term, what Tor-friendly Bitcoin/altcoin payment processors can we recommend to service providers?

    Edit: I get that it was a Cloudflare problem:[0]
    Just think about that. Cloudflare was requiring a CAPTCHA, but was not showing the CAPTCHA to the user. That is bloody insane!

    But it's fixed now. Users now see a link to a BitPay no-script invoice, which works perfectly.

    0) https://www.reddit.com/r/Bitcoin/co...sed_by_majority_of/?ref=share&ref_source=link
     
    Last edited: Mar 17, 2017
  9. Minimalist

    Minimalist Registered Member

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    https://www.forbes.com/sites/lauras...ssive-power-struggle-about-to-blow-up-bitcoin
     
  10. mirimir

    mirimir Registered Member

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    Well, "plunged 25% over the weekend" is pretty clickbait. The price remains on exponential increase, with occasional pump/dump peaks. So there was a dump on Sunday. And it was back to ~$1100 last I checked. Stuff happens ;)

    And whatever happens, there's still lots of money that wants out of China.
     
  11. Minimalist

    Minimalist Registered Member

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    Price recovered quickly:
    To me, more interesting part was described struggle between both groups.
     
  12. Minimalist

    Minimalist Registered Member

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    https://www.forbes.com/sites/jasonbloomberg/2017/03/28/bitcoin-blood-diamonds-of-the-digital-era
     
  13. hawki

    hawki Registered Member

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    Last edited: Apr 2, 2017
  14. Minimalist

    Minimalist Registered Member

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    https://www.forbes.com/sites/laurashin/2017/04/04/why-bitcoin-may-split-in-two-and-how-to-prevent-it
     
  15. Minimalist

    Minimalist Registered Member

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    https://www.theregister.co.uk/2017/04/11/evil_isps_could_disrupt_bitcoins_blockchain/
     
  16. Minimalist

    Minimalist Registered Member

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  17. Minimalist

    Minimalist Registered Member

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    https://cointelegraph.com/news/organic-crypto-money-vs-debt-zombies-fiat-lessons-of-biomimetics
     
  18. hawki

    hawki Registered Member

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    SEC announces that it intends to review its decision to reject a bitcoin ETF proposed by the Winklevoss twins.


    https://www.sec.gov/rules/sro/batsbzx/2017/34-80511.pdf
     
    Last edited: Apr 25, 2017
  19. Minimalist

    Minimalist Registered Member

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    https://www.neowin.net/news/state-of-palestine-mulling-crypto-currency-of-its-own
     
  20. Palancar

    Palancar Registered Member

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  21. lotuseclat79

    lotuseclat79 Registered Member

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  22. mirimir

    mirimir Registered Member

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    That's good advice, as far as it goes. But it takes some skill to mix Bitcoin "anonymously".

    I have a guide on IVPN about that:

    Paying Anonymously with Cash & Bitcoins
    https://www.ivpn.net/privacy-guides/advanced-privacy-and-anonymity-part-7

    It's a little dated, but the basics are still good: use Etherium wallets in Whonix VMs, and do multiple mixes, from one Whonix instance to the next. With two or three mixes via Tor, you have entirely different Bitcoin, with no link to your initial purchase.

    One thing that has changed is recommended mixers. For an initial transfer from a clearnet wallet, Bitmixer.io is good. No account is needed. There's also bitmixer2whesjgj.onion via Tor. My favorite Tor-only mixer is still Bitcoin Fog. You need to create an account. They have at least a couple onion URLS. I've used foggeddriztrcar2.onion but their Twitter account says foggedddxlunnaaa.onion now. But be careful, because there are clones that rip you off. They've had problems occasionally, but they've always come through eventually, and I've never lost anything with them. Also good is grams7enufi7jmdl.onion/helix/light that Palancar recommends.
     
  23. lotuseclat79

    lotuseclat79 Registered Member

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    Hey mirimir,

    Great reply! Thanks!!!

    -- Tom
     
  24. lotuseclat79

    lotuseclat79 Registered Member

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    The Business of Blockchain: Unlocking the Potential

    -- Tom
     
  25. lotuseclat79

    lotuseclat79 Registered Member

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    Bitcoin flies past $2,300 for the first time as scaling agreement is reached

    -- Tom
     
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