According to a post Jeremy wrote later in that thread:
 
Is this trading the number without actually seeing/touching/holding the travel bug that you do not own?

Yes. This is what people are calling "virtual" travel bugs.
 
It seems that event cache logs wont be affected, since the cachers do see/touch/hold the TB to get the number.

EMa <geogypsy@gmail.com> wrote:
According to Jermey virtual travel bugs and geocoins are no long
allowed... Will this put a dent in the "saw it at an event" type logs?

http://forums.groundspeak.com/GC/index.php?showtopic=115900
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Tsegi Mike and Desert Viking
 
Till a voice, as bad as Conscience, rang interminable changes
  On one everlasting Whisper day and night repeated -- so:
"Something hidden.  Go and find it. Go and look behind the Ranges --
  "Something lost behind the Ranges. Lost and waiting for you. Go!"
 
Rudyard Kipling ,   The Explorer  1898


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