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Currently with "bitcoin ATM"we speak about something that act as an exchange between fiat and bitcoin
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You need to buy these btc first. And almost no one have them!
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Your fault, next time make a better bitcoin client and a better protection system. What? The only thing you did was "whine"?
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What an idiot article. How the hell can bitcoin mining ASIC be compared with supercomputers? You CANNOT use an ASIC for what these supercomputers do! Their combined speed is 48 petaFLOPS, roughly equivalent to 5% of the bitcoin network. Bullshit, bitcoin network computing power is exactly 0 FLOPS |
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Replace bitcoin with dollar and answer to that question, problem solved
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Wonderful! Also: and they are now processing $5 million per month in bitcoin And this is BitPay only. Bitcoin fundamentals are growing! |
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A way for some people to self-entitle and looks moar important  |
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Yes and no. Together |
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and from what I read so far, PayPal "gift" is actually quite secure for the seller and could actually be disadvantageous to the buyer if the seller is a scammer.
Ahahahahahahaha |
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"... the entire Bitcoin economy is collapsing in spectacular fashion."
Who knew?
Let's save this quote and let's speak about it the next year Like the "bitcoin is dead" post-2011 bubble |
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Yesterday I got a Notice of Class Action Settlement in the mail. It described a $6 billion dollar settlement against Visa and Mastercard. Their crime? Forcing users of their payment networks to pay excessive fees in violation of federal antitrust laws. The victims include any merchant who accepted Visa or Mastercard between 2004 and 2012. Details of the settlement are also online here: https://www.paymentcardsettlement.com/enOur primary payment service providers have been actively and illegally ripping us off for years now. Even worse, V & M have used their position as a must-have payment option to force merchants to obey the rules or risk being kicked out of their network. For examples, V & M made merchants sign agreements specifically preventing them from: - Charging customers an extra fee if they pay with V or M
- Offer discounts to customers who use cheaper, alternative forms of payment
- form buying groups to to give merchants more power when negotiating with V & M
Thankfully the federal judge ruling on the case saw the truth and ruled in favor of the people in this case. As you're watching bitcoin's exchange rate rise and fall today, remember the bitcoin is more than just an investment opportunity. It's an engine of financial revolution of a worldwide scale. The largest of the existing payment networks on the planet are actively, knowingly, and illegally screwing people out of their money. Bitcoin is our best hope to stop them in their tracks. Did V & M put guns to the merchants' heads to sign the contracts? Not providing a service has become a use of force now? Go check antitrust laws  |
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In Italy we still pay for things happened 80 years ago, so don't worry |
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Hey read again. If you mine and sell for goods (say gold) you are fine. You just cannot mine and sell into USD directly. You could also mine and convert into LTC, for example. Then sell the LTC or the gold.
No, you cannot. If you convert BTC to LTC to USD in the US, then you are considered a 'money exchanger'. From now on, only centralized companies are allowed to handle Bitcoin exchanges. Such a company does not exist in the US. Or perhaps only CoinLab? No, he's right. BTC to LTC is not virtual to real, but virtual to virtual. In fact, I think the BTC-to-gold is more risky, since gold could be considered a 'real currency or equivalent' since it's a commodity with highly liquid markets to/from USD. BTC-to-USD is clearly in violation here, though. Gold is not money, so it is not currency |
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Satoshi created bitcoin Miners are just paid for their work, they do not create bitcoins  |
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I still wonder why "homeland security" should intervene in seizing a bank account  This looks like dictatorship |
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The reason why other Bitcoin websites (including Gox, including BitFloor, including Flexcoin) But NOT blockchain.info! The Bank of Bitcoin allows you to generate your own Private Keys on your side, using client-side javascript You just copied blockchain.info  |
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Looks VERY VERY fishy |
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What if the Department of Homeland Security seizes the gateway's stored bitcoins, like what happened earlier? This! Your bitcoin are your only if they are in your wallet! |
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