Hey, thanks for the well wishes.  I'll let you guys know how it turns out.

Yes, I had a good eye-roller when I noticed that.  Life has a way of whipping blindingly by, huh?

And as for that email to Deep:
"Delivery to the following recipient failed permanently:

     pool@deepbit.com

Technical details of permanent failure:

The recipient server did not accept our requests to connect. Learn more at http://support.google.com/mail/bin/answer.py?answer=7720
[(0) deepbit.com. [162.255.119.129]:25: socket error]"

No surprise there.  I'll have to investigate further.  I have a strong intuition that he isn't really gone at all, and I daresay I know where to start looking. 

Oh, I have no excuses.  It was good old fashioned negligence.  I had a good run with the GPU's I was using in my rigs (this was back when that was still a thing), but they were going the natural death of all GPUs, and summer was heating up.  Also, the switch to ASICs was just beginning, which I didn't care to invest in, and in a technical sense the pools were all so big that I didn't think I was *needed*. 

So I quit mining, and completely forgot that I had the pool set to autopay to wallet at 10 BTC.  Days ago, in a bit of a pinch, I thought to myself "You know, I could have sworn I had half a btc on one of these drives..."  Actually, I had 28.78, with 20 linked to a single wallet.dat!

Anyway, I set the automatic payment threshold to just a tiny bit below my current balance, and waited.  Nothing after about a day.  Pressing instant payout gives me a "please_wait!" error.
I sent them an email, also.  Nothing yet, but I'll certainly give him a little while to notice the situation.  I'm quite sure deep is still around, albeit on another alias.

At least you didn't carelessly leave 8.78 BTC on there.  $2,700 is, like, a whole dang paycheck.  Enough for more than a casual glance.

Anyone heard from Deep, lately?  No?  Do you think it would be more practical to inquire in the ICBit/Orderbook.net circles?  As I understand it, that was deep's next project.

Marvelous.  Thank you.  In the future, when these problems arise, please consider short, daily blurbs summarizing the latest state of the problem - 5 minutes of effort type deals.  It probably seems redundant to you when there is nothing new to report, but psychologically, it's ten times more comforting than silence.

It's August 11, and still no word on the wires.  My money is still in limbo, and my emails don't get replied to.  This isn't looking good.  Any chance of a status update?

Good ol' vice.  It's funny how much the present structure of the internet is thanks to pornography.  That industry has always been on its toes, and always ready to embrace new commercial avenues the moment they are viable business models.  I have no doubt in my mind that they'll move to accept Bitcoin the moment they consider it safe to do so.

Our government does not need to strike out pre-emptively at what does not represent any kind of threat; I.E. libertarians.  As long as they have a message board to mash keys in and a cold beer to sip while doing it, there is no rebellion.

Faceless Businessman is my favorite pony of the show.  He is overflowing with frustrated envy.

No offense to you personally warsmith, but paranoia pays around these parts.

Some cruel part of me is taking great amusement in the frothy-mouthed furor that has filled the Mt. Gox frontpage.  Eloquent, passionate arguments about how things should have been, must be, how they're done in the real world, and how Mt. Gox will lose all their business over this, all by a tiny group of people who were (un?)fortunate enough to trade for huge numbers of bitcoins at 0.01. 

They thought they had it made, and no matter what words they use, their argument is all simply one statement:  I wanted to be rich.  Nothing wrong with that, of course, but it's hard to respect such round-about weaselwording.  I haven't seen a single person there say "Damn!  I thought I struck it big.  Shit.", which is an attitude I would respect.

You know what they say - easy come, easy go.  That phrase was made for situations like this.

Would somebody scan that thing on a computer isolated from sensitive bitcoin related material?

If you want to pay me fifteen dollars-twenty dollars for burdening the internet with yet another link to a video about cats, by all means.

16qFtJ1KjnJ55KPe8JeP8oyxo8jgw3MjCs

According to linear progression theory, it will continue upwards!

I expect it to bottom out at around 10 before the price goes bananas again.  Dunno if it'll get down to the single digits, but 7 or 8 for a couple days wouldn't shock me.

Whoa.  I was thinking about this ten minutes ago.  It's so fitting.

It should be obvious by now - a dead cat bounces twice, tops.  Once, when its corpse hits the ground, and again on the rebound.
What we have here is an alive cat, and the video guide in my thread proves it:
http://forum.bitcoin.org/index.php?topic=18653.0

You are an extremely cool dude, jon decker.

BEFORE YOU READ: This thread is not for debate on the morality or the legitimacy of our (our any) federal government's claim on our money.  If you don't intend to pay your taxes, that's your cross to bear.  Please keep the discussion related to tax advice and planning.  Thank you!

Okay - We all know its coming.  If you're converting it to USD, the IRS already knows about it.  Let's swap ideas on how to set up logs of our gains and expenses so that when the time rolls around we're ready to file.  I live in the US, so anything I say will naturally be related to that. Experts on the subject are highly encouraged to participate and correct errors or misconceptions.  I am not such an expert. 


Now, what I understand so far is that profit made by purchasing bitcoins low and selling them high qualifies as capital gains tax, which in normal situations is identical the income tax rate as indicated by the individual's income tax bracket. 

Here's a simple example of what that could look like for you when you file in 2012, using 2011 tax rates;
If you are single, and you did very well for yourself, earning $60,000 for yourself through Bitcoin speculation, you'd fall into the bracket that owed $4750 + 25% of income over $34,500, which comes out to be $11,125, before deductions.  If you used the standard deduction of $5,800 for single persons with no other benefits or bonuses, you'd owe a total of $5,325 to Uncle Sam.  Of course there are many ways that individuals and corporations can pay less (and sometimes are forced to pay more!) than this example.

I have read that bitcoins held for over a year before being cashed in may qualify for long term capital gains rates, which are substantially lower. I don't have that kind of advanced tax knowledge to be certain of this.  Does anyone know?

Another subject of particular interest to me, is that miners may be subject to very different rules.  Can miners consider their bitcoins an asset produced as inventory, and would that mean different tax rules?  Would a miner be able to consider rigs, equipment and power consumption as expenses for purposes of determining their net profit?