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BitGive Receives 503(c)(3) Status from IRS

BitPay, Xapo, LibraTax, Roger Ver and others are kicking off an initial fundraising campaign that begins today for the BitGive Foundation. BitGive has received its official 501 (c) (3) status from the IRS, a major achievement that validates BitGive’s approach and efforts.

Full Text: http://coinfire.cf/2014/08/25/bitgive-receives-503c3-status-irs/

Let me just say.... whoa.

This should certainly add to the "legitimacy" of bitcoin and cryptocurrency. What are your thoughts?!?

Re: NYDFS Comment Period for BitLicense To Be Extended 45 More Days

@shawnj they should extend it for infinity days

I think we all know though that isn't realistic. This is going to happen no matter how much we may not want it to happen.

NYDFS Comment Period for BitLicense To Be Extended 45 More Days

Full Story: http://coinfire.cf/2014/08/21/nydfs-comment-period-bitlicense-extended-45-days/

@BenLawsky DFS extending comment period for the Bitlicense reg an additional 45 days to October 21, 2014. http://www.dfs.ny.gov/legal/vcrf_submit_comments.htm … #Bitcoin #BitLicense https://twitter.com/BenLawsky/statuses/502493642846912512

Looks like we got an extension. What are your thoughts?

Re: The Magic Word's Magic

Going to give this a lockdown because it is quite stale at this point :)

Re: 100K LTBC Giveaway

@feryjhie

@chainradio We are going to officially announce this on the air this evening during the Chain Radio News Recap at 6pm EDT, 3pm PDT.

In the meantime you can get yourself a bonus entry over the next 24 hours by entering the code: SECRET

At this page on our site: http://chainradio.com/100k-ltbc-giveaway/

Good luck everyone!

who is get the first giveaway ?

These are entries for the giveaway on September 1st.

EDIT: At least that is the way I read it.

EDIT: @ChainRadio want to chime in on that?

Re: [Coins for Commits] LTB Platform - Now Open Source!

Nice work! Hoping to dig in to this in a few days once I get a few other projects cleared off my plate.

Re: LTBc Faucet

@hodl

@lainfinity

@cryptonaut The biggest problem with faucets always come down to the transaction fees. Even worse with a counterparty asset faucet because you would have to send to each address individually, instead of just calling the "sendmany" command in bitcoind and sending to a bunch of people at once..

Right now for our customized LTBcoin distributions we are paying about 0.00008 BTC per address, with a portion of that being technically recoverable (outputs that return to our addresses). Something to keep in mind

Is it not possible to sweep the dust using script like this?

Couldn't you always just send the transactions without any fees? They'll take forever to propagate the network and get included in blocks but at least it would be more attractive to faucet users since they don't have to reach a threshold before getting paid. Someone actually made a really cool blackcoin faucet that pays you instantly every time. It's more the novelty of filling out a captcha and then seeing an incoming transaction notification pop up on your desktop but it's still really cool.

Sadly, these are based on counter wallet and you can not send TX without a fee under any circumstances with it.

Re: LTBc Faucet

@boyodoso where is LTBc faucet?

This isn't live just yet, still working out some of the details such as how to execute these transactions instantly and do so in a way that doesn't cost a ton of LTBc and BTC to make it happen.

We will be opening a limited trial in the next two or three weeks :)

Re: RSS for the Forum?

Sweeeeeeet!!! That will make staying in touch even easier.

Re: What bitcoin Sites, Blogs and Shows do you follow?

Thanks for the nod :)

I am really enjoying this site: http://TheCoinFront.com/ which I found via @ChainRadio

They seem to be doing some good stuff.