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Re:Backblaze's B2 Cloud Storage is now in open beta by vhbit on Thursday December 17, 2015 @03:32PM (#10754303)
So the issue for me was solved once I started to use bucket name instead of bucket id.

The latter was mentioned in online docs here: https://www.backblaze.com/b2/docs/quick_command_line.html but seems it's REALLY outdated.

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