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Bitcoin => Bitcoin Discussion => Topic started by: Rira6ade on December 26, 2014, 01:29:00 PM



Title: Vote for 2014 Bitcoin industry awards!
Post by: Rira6ade on December 26, 2014, 01:29:00 PM
Let's discuss who's done the most for the development and the future of the community.

Choose top achievers of the industry - vote for people, places, businesses and more.

[Votes accepted here](http://cointelegraph.com/cointelegraph-2014-awards)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: sifter on December 26, 2014, 01:39:18 PM
For the biggest story i think it's between

Mtgox and Paypal.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: BeataTX91 on December 26, 2014, 01:42:02 PM
Bitcoin capital of the year - San Francisco!


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: smashingpumpkin on December 26, 2014, 01:47:37 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: madmax6688 on December 26, 2014, 01:51:19 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Or dell maybe?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: sugarfree on December 26, 2014, 01:53:01 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Or dell maybe?

Mtgox !!!


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: sifter on December 26, 2014, 01:58:29 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Maybe Microsoft since it's such

a big corp.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: smashingpumpkin on December 26, 2014, 02:25:09 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Maybe Microsoft since it's such

a big corp.

Exactly!


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: madmax6688 on December 26, 2014, 02:25:30 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Maybe Microsoft since it's such a big corp.

Dell is just a big I think.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: BeataTX91 on December 26, 2014, 02:49:43 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Maybe Microsoft since it's such a big corp.

Dell is just a big I think.

What about the person of the year? I only know 3 of the 5 people.
Just read about Vitalik Buterin - he sounds really cool.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: spainful on December 26, 2014, 04:11:55 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Maybe Microsoft since it's such a big corp.

Dell is just a big I think.

What about the person of the year? I only know 3 of the 5 people.
Just read about Vitalik Buterin - he sounds really cool.

Roger Ver is really impressive. He's got my vote.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: lexuz on December 26, 2014, 04:28:37 PM
Nice, ill vote for bitcoin future


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: pawel7777 on December 27, 2014, 12:35:09 AM
OK, I voted Mt Gox on biggest news story (they're currently in the lead), as it says 'biggest' not 'best' or 'most positive'.

But just realised it doesn't go with this part:

Quote
we need your help to choose the community’s champions.

So register, vote and share by January 15.

We think it’s important to recognize genuine achievement in the eyes of the entire cryptocurrency community, and look forward to seeing your voting results.

Does it mean that if mt gox wins, cointelegraph will label them as community champions?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on December 27, 2014, 12:39:03 AM
Whatever you do please don't vote for BFL, they owe us all so much money it's unbelievable.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on December 27, 2014, 12:40:47 AM
Edit: BFL are not nominated :)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: smashingpumpkin on December 27, 2014, 05:12:09 AM
OK, I voted Mt Gox on biggest news story (they're currently in the lead), as it says 'biggest' not 'best' or 'most positive'.

But just realised it doesn't go with this part:

Quote
we need your help to choose the community’s champions.

So register, vote and share by January 15.

We think it’s important to recognize genuine achievement in the eyes of the entire cryptocurrency community, and look forward to seeing your voting results.

Does it mean that if mt gox wins, cointelegraph will label them as community champions?

A good point. It would be good to hear what CT people think about it.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: jsgayo on December 27, 2014, 07:10:02 AM
I think it is DELL and Microsoft.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Doretteign on December 27, 2014, 10:13:46 AM
Edit: BFL are not nominated :)


No wonder ))


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: TrailingComet on December 27, 2014, 11:19:33 AM
Roger Ver and Andreas Antonopoulos continue to head the list as far as I am concerned


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: sugarfree on December 28, 2014, 08:28:47 AM
Roger Ver and Andreas Antonopoulos continue to head the list as far as I am concerned

Ok, but what about this guy? (http://www.coindesk.com/ethereums-vitalik-buterin-wins-world-technology-network-award/)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: DingoStar on December 28, 2014, 07:14:10 PM
I think that Paypal and Microsoft did most of all for the development of bitcoin community. Because they are large companies whitch have a great reputation. And the fact that they began to accept bitcoin has a great importance for the development of bitcoin community.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: ChrisPop on December 28, 2014, 07:19:53 PM
PERSON OF THE YEAR

Andreas Antonopoulos

STARTUP OF THE YEAR

Virtex

MOST SUCCESSFUL COMPANY

Blockchain.info

BIGGEST NEWS STORY

I can`t choose between Microsoft and PayPal. ???

MOST INNOVATIVE PRODUCT

BitStash

BITCOIN CAPITAL OF 2014

San Francisco


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: funtotry on December 28, 2014, 11:32:53 PM
Edit: BFL are not nominated :)
Although BFL has scammed horribly I would argue that they have somewhat benefited the community. It has taught potential customers of miners the importance of not paying for preorders when the miners are not going to be shipped immediately (or in the very near future). It has caused miner manufacturers to put more skin in the game and as a result have produced higher quality products.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: sifter on December 28, 2014, 11:40:17 PM
PERSON OF THE YEAR

Andreas Antonopoulos

STARTUP OF THE YEAR

Virtex

MOST SUCCESSFUL COMPANY

Blockchain.info

BIGGEST NEWS STORY

I can`t choose between Microsoft and PayPal. ???

MOST INNOVATIVE PRODUCT

BitStash

BITCOIN CAPITAL OF 2014

San Francisco

I would say PayPal.

San Francisco is most likely to be the capital.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on December 29, 2014, 12:50:45 AM
Edit: BFL are not nominated :)
Although BFL has scammed horribly I would argue that they have somewhat benefited the community. It has taught potential customers of miners the importance of not paying for preorders when the miners are not going to be shipped immediately (or in the very near future). It has caused miner manufacturers to put more skin in the game and as a result have produced higher quality products.

That's a stupid argument. it's like saying bullies are great cause when they beat up and hurt a weak kid they're actually helping him become stronger. It makes no sense. Anyone out there who hurts people in any way whether it's emotionally, physically,financially, is not a good person ,no matter how many life lessons we may learn from them.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: bf4btc on December 29, 2014, 01:12:42 AM
That's a stupid argument. it's like saying bullies are great cause when they beat up and hurt a weak kid they're actually helping him become stronger. It makes no sense. Anyone out there who hurts people in any way whether it's emotionally, physically,financially, is not a good person ,no matter how many life lessons we may learn from them.
I don't think that BFL is at all a good person, but I do agree with the arguement. BFL has taught people a very good lesson that could potentially be more expensive down the road when bitcoin mining gets even more competitive then it is now.

At some time down the road, even a few days or a few weeks delay can mean the difference between a miner being profitable and loosing most of their investment. By BFL teaching the 'market' to not pay for preorders today, they will not pay for them tomorrow when their investment will potentially mean a lot more

The lack of preorders is also causing mining companies to produce miners in multiple batches which means that more people can buy them which means the network will be more decentralized


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: CokeCoin on December 29, 2014, 10:56:10 AM
Edit: BFL are not nominated :)
Although BFL has scammed horribly I would argue that they have somewhat benefited the community. It has taught potential customers of miners the importance of not paying for preorders when the miners are not going to be shipped immediately (or in the very near future). It has caused miner manufacturers to put more skin in the game and as a result have produced higher quality products.

That's a stupid argument. it's like saying bullies are great cause when they beat up and hurt a weak kid they're actually helping him become stronger. It makes no sense. Anyone out there who hurts people in any way whether it's emotionally, physically,financially, is not a good person ,no matter how many life lessons we may learn from them.

Seems like we could do without such lessons.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Ondago on December 30, 2014, 09:34:05 AM
PERSON OF THE YEAR

Andreas Antonopoulos

STARTUP OF THE YEAR

Virtex

MOST SUCCESSFUL COMPANY

Blockchain.info

BIGGEST NEWS STORY

I can`t choose between Microsoft and PayPal. ???

MOST INNOVATIVE PRODUCT

BitStash

BITCOIN CAPITAL OF 2014

San Francisco

I would say PayPal.

San Francisco is most likely to be the capital.

My vote exactly - thanks for writing them out for me :)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: AaronCraig on December 30, 2014, 01:42:57 PM
Edit: BFL are not nominated :)
Although BFL has scammed horribly I would argue that they have somewhat benefited the community. It has taught potential customers of miners the importance of not paying for preorders when the miners are not going to be shipped immediately (or in the very near future). It has caused miner manufacturers to put more skin in the game and as a result have produced higher quality products.

That's a questionable reason to nominate them at all.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: CryptoTrout on December 30, 2014, 11:32:28 PM
How about BitPay for all the great PR from #bitcoinbowl? 


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: DonQuijote on December 30, 2014, 11:42:25 PM
STARTUP OF THE YEAR
Coinffeine, of course, p2p exchange is the future


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on December 31, 2014, 12:25:01 AM
Edit: BFL are not nominated :)
Although BFL has scammed horribly I would argue that they have somewhat benefited the community. It has taught potential customers of miners the importance of not paying for preorders when the miners are not going to be shipped immediately (or in the very near future). It has caused miner manufacturers to put more skin in the game and as a result have produced higher quality products.

That's a stupid argument. it's like saying bullies are great cause when they beat up and hurt a weak kid they're actually helping him become stronger. It makes no sense. Anyone out there who hurts people in any way whether it's emotionally, physically,financially, is not a good person ,no matter how many life lessons we may learn from them.

Seems like we could do without such lessons.


Yep, very expensive lesson indeed.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: BTCXE on December 31, 2014, 12:33:14 AM
I think ChangeTip did a lot of good for the community


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: myohmy81 on December 31, 2014, 12:40:16 AM
The worst news is about MT gox


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: bornil267645 on December 31, 2014, 03:04:00 AM
I am not so sure about development, but certain movement by Mt. Gox


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: philiveyjr on January 01, 2015, 11:00:22 PM
For the biggest story i think it's between

Mtgox and Paypal.

Ok, but what about Microsoft?

Yeah..easily it has to be Microsoft!


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: NCGS on January 01, 2015, 11:05:45 PM
Whoever came up with the idea to sponser a college football bowl game wins my vote.
A truly great advertising venture.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: CokeCoin on January 02, 2015, 08:06:51 AM
When are the results are due?

I'm curious to know who wins.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: QuestionAuthority on January 02, 2015, 04:02:38 PM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: DonQuijote on January 02, 2015, 08:43:58 PM
When are the results are due?

I'm curious to know who wins.

It's not until January 15, it says so HERE (http://cointelegraph.com/cointelegraph-2014-awards)

13 days remaining, we can wait :)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: CBG81 on January 02, 2015, 08:45:42 PM
never heard of these rewards before.. How serious is this really?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: illymoka on January 03, 2015, 10:43:40 AM
never heard of these rewards before.. How serious is this really?

Why not vote and make it serious?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: rayson on January 03, 2015, 01:01:48 PM
its a scam i guess just kidding


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: little_chrisna on January 03, 2015, 01:10:50 PM
pbmining  :)


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Rira6ade on January 04, 2015, 06:42:14 AM
As for startups, BTCChina was huge this past year.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: AaronCraig on January 05, 2015, 07:16:29 AM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: GTA on January 06, 2015, 10:07:30 AM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.

Blockchain.info! I kid you not.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Gleb Gamow on January 06, 2015, 11:35:18 AM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on January 06, 2015, 03:20:52 PM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.


Bitstamp's website was down all day yesterday, couldn't get any money out, doesn't give me a good feeling.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: QuestionAuthority on January 06, 2015, 05:29:33 PM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.

I don't even know what you're talking about Bruno? Can you be a little less cryptic and dumb it down for me?

Do you mean: Because BitPay exchanges BTC for USD they aren't doing anything valuable for Bitcoin? Streamlining merchant acceptance of Bitcoin by performing a seamless exchange function is kind of what they do for a living. 


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Rira6ade on January 07, 2015, 06:54:41 AM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.
Bitstamp's website was down all day yesterday, couldn't get any money out, doesn't give me a good feeling.

I have a deposit with them, too, nothing big, but a little worried as well.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fonenumba on January 07, 2015, 07:35:14 AM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.
Even if they exchanged their bitcoin for fiat it sill exposed many people at ESPN to bitcoin which will result in potentially more people at ESPN using/buying bitcoin.

Additionally the transaction in question gave bitcoin positive publicity which it has been running short of as of recently


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: BitCoinNutJob on January 07, 2015, 08:30:49 AM
Roger Ver and Andreas Antonopoulos continue to head the list as far as I am concerned

I'd vote andreas as #1 and unfortunately gox as #1 news story but maybe we should pick something more positive.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Gleb Gamow on January 07, 2015, 11:37:12 AM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.

I don't even know what you're talking about Bruno? Can you be a little less cryptic and dumb it down for me?

Do you mean: Because BitPay exchanges BTC for USD they aren't doing anything valuable for Bitcoin? Streamlining merchant acceptance of Bitcoin by performing a seamless exchange function is kind of what they do for a living.  

What third-party payment provider did ESPN use when BitPay, a third-party payment provider themselves, and the one that got ESPN to accept bitcoins in the first place, paid ESPN bitcoins for the rights, whereupon ESPN immediately had the bitcoins converted to fiat and deposited into their bank account?

BitPay --> ESPN --> BitPay --> BitPay's Bank --> ESPN's Bank

or

BitPay --> ESPN --> CoinBase --> CoinBase's Bank --> ESPN's Bank

The latter wouldn't make any sense, for it was BitPay that got ESPN to accept bitcoins, not BitPay's competition, CoinBase.

The rest of the BS that I penned about CoinWare, et al., was to get you to think about the above. It doesn't make sense! BitPay could've easily just gave ESPN a check and that'll be that. But to state that they gave ESPN bitcoins whereupon the bitcoins were immediately sent back to BitPay so that a conventional fiat transfer can be made doesn't make sense on so many levels.

Just like nobody, and I mean NOBODY can open up an account at BitPay to solely convert their personal BTC to fiat, whether it's a buck, ten dollars, a grand, or a million dollars. BitPay is a third-party payment provider. The key word being third. But, supposedly unknown to BitPay, that's exactly what service they provided to Sonny Vleisides' BFL when they converted over 10 MILLION DOLLARS worth of BTC to fiat under the guise of product purchases where there is NO way that BitPay wouldn't have known that that was exactly what BFL was doing even prior to this PR release: http://www.prweb.com/releases/2013/10/prweb11283333.htm picked up by Reuters here: http://www.reuters.com/article/2013/10/31/idUSnGNX4VPYg9+1dc+GNW20131031

Again, BitPay is a third-party payment provider and not an exchange. Especially, not an exchange to convert tens of millions of dollars worth of bitcoins that were mined via ill-gotten means to fiat, of which is exactly what transpired when BFL did such virtually up to the day of the raid on their facility via the FTC.

To be clear, BitPay was a major player in a multi-ten-million-dollar money laundering scheme conducted by Sonny Vleisides' BF Labs Inc. (Butterfly Labs) and I uncovered it back in late 2013 (not 14), but nary a periodical has touched this. The question is why? And why has BitPay not answered a single email to them concerning this issue?


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: QuestionAuthority on January 07, 2015, 03:34:53 PM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.

I don't even know what you're talking about Bruno? Can you be a little less cryptic and dumb it down for me?

Do you mean: Because BitPay exchanges BTC for USD they aren't doing anything valuable for Bitcoin? Streamlining merchant acceptance of Bitcoin by performing a seamless exchange function is kind of what they do for a living.  

What third-party payment provider did ESPN use when BitPay, a third-party payment provider themselves, and the one that got ESPN to accept bitcoins in the first place, paid ESPN bitcoins for the rights, whereupon ESPN immediately had the bitcoins converted to fiat and deposited into their bank account?

BitPay --> ESPN --> BitPay --> BitPay's Bank --> ESPN's Bank

or

BitPay --> ESPN --> CoinBase --> CoinBase's Bank --> ESPN's Bank

The latter wouldn't make any sense, for it was BitPay that got ESPN to accept bitcoins, not BitPay's competition, CoinBase.

The rest of the BS that I penned about CoinWare, et al., was to get you to think about the above. It doesn't make sense! BitPay could've easily just gave ESPN a check and that'll be that. But to state that they gave ESPN bitcoins whereupon the bitcoins were immediately sent back to BitPay so that a conventional fiat transfer can be made doesn't make sense on so many levels.

Just like nobody, and I mean NOBODY can open up an account at BitPay to solely convert their personal BTC to fiat, whether it's a buck, ten dollars, a grand, or a million dollars. BitPay is a third-party payment provider. The key word being third. But, supposedly unknown to BitPay, that's exactly what service they provided to Sonny Vleisides' BFL when they converted over 10 MILLION DOLLARS worth of BTC to fiat under the guise of product purchases where there is NO way that BitPay wouldn't have known that that was exactly what BFL was doing even prior to this PR release: http://www.prweb.com/releases/2013/10/prweb11283333.htm picked up by Reuters here: http://www.reuters.com/article/2013/10/31/idUSnGNX4VPYg9+1dc+GNW20131031

Again, BitPay is a third-party payment provider and not an exchange. Especially, not an exchange to convert tens of millions of dollars worth of bitcoins that were mined via ill-gotten means to fiat, of which is exactly what transpired when BFL did such virtually up to the day of the raid on their facility via the FTC.

To be clear, BitPay was a major player in a multi-ten-million-dollar money laundering scheme conducted by Sonny Vleisides' BF Labs Inc. (Butterfly Labs) and I uncovered it back in late 2013 (not 14), but nary a periodical has touched this. The question is why? And why has BitPay not answered a single email to them concerning this issue?

Bruno, you get yourself all flustered and confused then go off on a tirade. ESPN does not accept bitcoins for payment. ESPN does not have a merchant account at BitPay. None of the people involved in the Bitcoin Bowl accept Bitcoin for payment through BitPay. BitPay cannot exchange Bitcoin for them without them having an account because they would all go to jail. It was a publicity stunt that they graciously paid A HALF MILLION DOLLARS for. Part of the stunt was to pay ESPN for the event in Bitcoins. ESPN does not want Bitcoins, they want dollars. They had to go to some exchange to sell them because they have bills to pay for the event and they don't give a shit about Bitcoin. They chose Coinbase probably because they wanted assurance that they would immediately get cash for the coins. That transfer to Coinbase was probably brokered months before the event. How the fuck can you not get that!

You know that every once in a while for the last 3-4 years I've told you when you were straying a little too far from the shallow end of the pool. This is one of those times. As a friend, please chill out dude. You're freaking out a little and making conspiracy connections that simply aren't there.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Flashman on January 07, 2015, 04:13:42 PM
You're freaking out a little and making conspiracy connections that simply aren't there.

What, Gleb? Never :D


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on January 07, 2015, 05:42:07 PM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.
Bitstamp's website was down all day yesterday, couldn't get any money out, doesn't give me a good feeling.

I have a deposit with them, too, nothing big, but a little worried as well.

Yeah same here, i wouldn't lose much but Bitstamp is the only way I have set up to convert my Btc into fiat atm.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: Rira6ade on January 08, 2015, 06:02:05 AM
Roger Ver and Andreas Antonopoulos continue to head the list as far as I am concerned

I'd vote andreas as #1 and unfortunately gox as #1 news story but maybe we should pick something more positive.

True, I do need something more positive at the moment.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: GTA on January 09, 2015, 07:44:22 AM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.
Bitstamp's website was down all day yesterday, couldn't get any money out, doesn't give me a good feeling.

I have a deposit with them, too, nothing big, but a little worried as well.

Yeah same here, i wouldn't lose much but Bitstamp is the only way I have set up to convert my Btc into fiat atm.

They're saying now
We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days.
Any thoughts about how long it's going to take? And how exactly they're going to make this work?
Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full.



Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on January 09, 2015, 05:04:25 PM
As for startups, BTCChina was huge this past year.
Bitstamp's input looks more important now that I think of it.
Bitstamp's website was down all day yesterday, couldn't get any money out, doesn't give me a good feeling.

I have a deposit with them, too, nothing big, but a little worried as well.

Yeah same here, i wouldn't lose much but Bitstamp is the only way I have set up to convert my Btc into fiat atm.

They're saying now
We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days.
Any thoughts about how long it's going to take? And how exactly they're going to make this work?
Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full.



Temporary suspension of services?? That sounds bad. I was hoping maybe it was a glitch with their website or server, it sounds a lot more serious than that now.



Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: GTA on January 10, 2015, 05:23:52 AM
I'm just wondering how temporary is temporary.
I know a few people who got their money stuck there.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fabiola! on January 10, 2015, 03:02:21 PM
I'm just wondering how temporary is temporary.
I know a few people who got their money stuck there.

I think they're back now, the website is up again. However, I don't know if the system itself is working as I haven't tried any transactions since this incident.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: fonenumba on January 11, 2015, 01:51:19 AM
BitPay has done more than anyone else. Even the Microsoft news can be attributed to BitPay.

http://www.coinbuzz.com/2015/01/05/bitcoin-bowls-popular-success/

Quote
More interestingly, BitPay payed for the sponsorship entirely in Bitcoin. ESPN immediately exchanged all of thew Bitcoin for US Dollars.

BitPay, the top third-party payment provider, even sponsored a Bowl game, paying ESPN for the rights entirely in bitcoins, whereupon they immediately exchanged them bitcoins using a third-party payme... Wait a second! If this trend continues, next year we may witness the Fiesta/HashTrade Bowl and the LiquidHuluBits Bowl and the Netsolus/Nectarine Bowl, all on the same day to boot, preceded by the CoinWare Parade in front of the Miami Bitcoin Embassy bearing a block-long, two-story tall banner that reads: A noble spirit embiggens the smallest man.

I don't even know what you're talking about Bruno? Can you be a little less cryptic and dumb it down for me?

Do you mean: Because BitPay exchanges BTC for USD they aren't doing anything valuable for Bitcoin? Streamlining merchant acceptance of Bitcoin by performing a seamless exchange function is kind of what they do for a living.  

What third-party payment provider did ESPN use when BitPay, a third-party payment provider themselves, and the one that got ESPN to accept bitcoins in the first place, paid ESPN bitcoins for the rights, whereupon ESPN immediately had the bitcoins converted to fiat and deposited into their bank account?

BitPay --> ESPN --> BitPay --> BitPay's Bank --> ESPN's Bank

or

BitPay --> ESPN --> CoinBase --> CoinBase's Bank --> ESPN's Bank

The latter wouldn't make any sense, for it was BitPay that got ESPN to accept bitcoins, not BitPay's competition, CoinBase.

The rest of the BS that I penned about CoinWare, et al., was to get you to think about the above. It doesn't make sense! BitPay could've easily just gave ESPN a check and that'll be that. But to state that they gave ESPN bitcoins whereupon the bitcoins were immediately sent back to BitPay so that a conventional fiat transfer can be made doesn't make sense on so many levels.

Just like nobody, and I mean NOBODY can open up an account at BitPay to solely convert their personal BTC to fiat, whether it's a buck, ten dollars, a grand, or a million dollars. BitPay is a third-party payment provider. The key word being third. But, supposedly unknown to BitPay, that's exactly what service they provided to Sonny Vleisides' BFL when they converted over 10 MILLION DOLLARS worth of BTC to fiat under the guise of product purchases where there is NO way that BitPay wouldn't have known that that was exactly what BFL was doing even prior to this PR release: http://www.prweb.com/releases/2013/10/prweb11283333.htm picked up by Reuters here: http://www.reuters.com/article/2013/10/31/idUSnGNX4VPYg9+1dc+GNW20131031

Again, BitPay is a third-party payment provider and not an exchange. Especially, not an exchange to convert tens of millions of dollars worth of bitcoins that were mined via ill-gotten means to fiat, of which is exactly what transpired when BFL did such virtually up to the day of the raid on their facility via the FTC.

To be clear, BitPay was a major player in a multi-ten-million-dollar money laundering scheme conducted by Sonny Vleisides' BF Labs Inc. (Butterfly Labs) and I uncovered it back in late 2013 (not 14), but nary a periodical has touched this. The question is why? And why has BitPay not answered a single email to them concerning this issue?

Bruno, you get yourself all flustered and confused then go off on a tirade. ESPN does not accept bitcoins for payment. ESPN does not have a merchant account at BitPay. None of the people involved in the Bitcoin Bowl accept Bitcoin for payment through BitPay. BitPay cannot exchange Bitcoin for them without them having an account because they would all go to jail. It was a publicity stunt that they graciously paid A HALF MILLION DOLLARS for. Part of the stunt was to pay ESPN for the event in Bitcoins. ESPN does not want Bitcoins, they want dollars. They had to go to some exchange to sell them because they have bills to pay for the event and they don't give a shit about Bitcoin. They chose Coinbase probably because they wanted assurance that they would immediately get cash for the coins. That transfer to Coinbase was probably brokered months before the event. How the fuck can you not get that!

You know that every once in a while for the last 3-4 years I've told you when you were straying a little too far from the shallow end of the pool. This is one of those times. As a friend, please chill out dude. You're freaking out a little and making conspiracy connections that simply aren't there.
I think he needs to understand that it doesn't matter the payment method that ESPN received for the sponsorship. Money as a whole is generally fungible so it doesn't matter if they were paid in bitcoin, dollars, Euros or whatever, it will eventually be turned into whatever format of money that their employees and vendors will accept as payment


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: CBG81 on January 11, 2015, 11:14:45 AM
never heard of these rewards before.. How serious is this really?

Why not vote and make it serious?

Even if i could why would I make it serious when there is no info on these awards? Not my job to make it serious or trustworthy.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: GTA on January 17, 2015, 02:50:25 PM
never heard of these rewards before.. How serious is this really?

Why not vote and make it serious?

Even if i could why would I make it serious when there is no info on these awards? Not my job to make it serious or trustworthy.

Well I guess you have not heard of them because they've just started them.

Why consider it a job at all? You've been asked for your opinion, if you have one.


Title: Re: Vote for 2014 Bitcoin industry awards!
Post by: TheDreadPirateDickstein on January 17, 2015, 04:16:44 PM
The answer is Mt. Gox....Second Place, SR. this is an utterly stupid and pointless thread.

The industry was an industry that never existed. It's a just a big gay bullwhale club circle jerk. As I've said from day one.