I was buying from them before the last raid in 2009, in fact they confiscated my last order. This prosecution is very clearly politically motivated. BVNH took appropriate steps to bring himself into alignment with the law. IMO he was abiding by the law creating NORFED, but when the powers that be don't like what you create you become a criminal very quickly. He was advocating a return to trade in gold and silver, if everyone did that who would the parasites leech off of then? If anyone wants to buy NORFED silver check out my thread: https://bitcointalk.org/index.php?topic=58518.0NOTE: It is not illegal to own, The Secret Service simply pressured ebay to remove them in order to create that appearance as well as shut down the most active NORFED marketplace. If it is illegal why are they still on Amazon? http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=norfedThe problem is that he said one thing.... return to trade in gold and silver.... But all he really did is allow himself to do is print a USD denominated note. He was printing something denominated in USD and the government does not like competition. If it was done like shire silver it would have been ok. If it was a receipt/coupon for 1 oz of silver in a vault it would have been ok. None of those things would have let BVNH print money denominated in USD like he did and he did not go that route. While I do believe that currency competition should be legal in more forms, it is not. |
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Fine, you guys all suck, and you all seem to have more experience with modern CC transaction than I do. I'm too old, etc.
I still stand by my opinion that 7% isn't unrealistic. Good luck disproving my opinion, which is what it always was, and it still is.
High? Yes. Excessively high? No, it's not. Who gets to decide? I do, because it's my opinion.
So bite me, children.
It is real easy. You both are right. Small merchants with small volume can pay that much as well as high risk merchants. It is certainly not many that pay that much but it is possible. Also people who do not know how to bargain and deal with the first company they find to take credit cards. I still remember my first credit card machine (in the 90's) I got a great rate but entered into a rip off lease. Factor in that lease and probably paid 7%. As the volume increases rates go down. As risk decreases rates go down. As the smarts of the merchant go up the rates go down. |
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Shipping to Canada?
Usually about $2 |
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Square charges 2.75% if the card is present. 7% is robbery and he just stole from you.
Most processors charge less than 1.99% and you can always find one that's cheaper. I've heard its as low as 1.5%.. I'm not 100% on the facts, but I also learned that when you sign up the person who signs you up makes the extra %'s.. So they're making 1.5% of your transactions, so they can always lower it and only make .5%..
Robbery.
Nonsense, that is not all of the charges. Square doesn't charge for the 'interchange' fees, because they don't have too, the contracts that the CC companies had with the vendors and each other negates most of that. And nothing in this conversation includes the interest and fees that the cardholder eats due to his own contract. That should all be added in with your cost to rent, not given to the customer as an extra tab. Advertising something as $100 then charging $107 because of your fees is crazy. I doubt anyone is charging 7% in any fees to swipe a card. Is advertising something as $107 and then offering a $7 discount to cash customers any different? Because that's basiclyhow it's been done for the past 30 years. Yes, 7% is on the high end, but not unrealistic for a small vendor that does not frequently need to use the CC network. 7% would be very high for a volume user, such as a brick & morter retail chain of any size; in such a case the 2.x% charged by Square (due to the volume that Square can accumulate) is much more realistic. WAl-mart can negotiate for better terms from Visa, but a small kayacking store probably can't. I'd bet dollars to doughnuts that any business with a building of their own can't use Square due to the TOS, or Visa would have a fit. Giving a discount and charging extra is two different things, be ignorant more please. You obviously have never used a creditcard processor. First off 7% is unheard of unless you're selling high risk products. Please stop being ignorant and saying 7% is a normal price because you have no idea what the hell you're talking about. It does not matter if you're doing $100 in sales a day or $1000 they're not going to charge you any different rates, unless your doing massive amounts of money. As for square, again you owe me doughnuts, or money, I like both. https://squareup.com/registerI use square every single day. Why them at 2.75% vs someone else at 1.99%? 1. Square I don't need to rent a swiper that costs $50-100 a month on a 4 year contract. 2. I don't need to pay $50-100 a month gateway fees. 3. I don't have all the other crazy fees. 4. Square deposits next day vs 3-4-5 days for other processors. For smaller volume you might have the best deal. I pay under 2% for non rewards visa/mc but as of a few years ago they add in about .5% for most rewards cards. I pay about $20 in total other fees other then the percentage. Amex is a bitch as they are about 3% for me. I ran a campaign a while ago offering 5% (more then my fees) for cash or debit cards over $100 (that used to only cost me 39 cents total) and almost nobody took it! |
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The problem is that's actually an Ars article and it came before the latest episodes of Wired hatin' on the coin. That article was actually pretty good. The title is more the problem then the content. The article was published during some of the darkest days of bitcoin yet really does not paint bitcoin in a worse light then the current events suggested. I would welcome another Wired article about bitcoin but with a PROPER title. |
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I like the "border guards confiscate gold" one.
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Buddy I use bitcoins and tried opening an overseas bank account. I was fucking affected. My bank was closed for MLK day I couldn't get my fucking money I was affected.
Your memes suck and they don't relate to me.
Are you really that dumb? The memes directly relate to you. If you were using bitcoin you would have access even on MLK day. |
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google stock only went up 7.8 times up, so no, nobody missed nearly as much as with bitcoins
While from the penny area nothing is going to beat bitcoin, From the dollar area where the ball really started rolling long term AAPL owners did better. Nothing will beat bitcoin going from less then a fraction of a penny to $25, except....... bitcoin! |
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ITT: Attention-grabbing title to brag about an irresponsible gamble.
FTFY anything wrong with that? I don't think so! It got my attention. |
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ITT: Attention-grabbing title to brag about an irresponsible gamble.
FTFY |
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I must be getting old. The longer I look at those pictures, the more they look like renderings to me.
Anyhow, they do appear to be built for a backplane. That should be the white connector on the back of each board. The white things at the top and bottom appear to be just guides.
More interesting, they are built for vertical airflow. Either they are planning to put a fan module at the top of each stack, or they are built for a datacenter with ducted cabinets.
Looks like 40 or 48 chips per blade, and using the PCB for heat conduction, which fits with the QFN package shown earlier. Or the ASIC is on the side under the heatsink and we are seeing a rectangular grid of something else. It is hard to tell from these angles.
If I did not see the cable dangling on the right side I would also think they were renders. I am really surprised they would have an assembled unit without the backplane but it is possible. The boards could communicate with as little as a 4 pin cable and the power hookup so they may not use a backplane at all. |
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I can't see any other reason for the selloffs. Anyone wanting to offload coins would not do it like this. It's like wasting money, as it's better to gradually offload it at higher prices than just selling down like this.
i see this over and over again but disagree doing it slowly increases the very real risk that someone else with a similar amount of coins gets in and dumps before you do. it's a game of chicken. Unlikely. There are not that many large volume sellers. It is easily explained without much work, it is stupidity. |
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The cabin is said to have a basement.
If he was IN the cabin he is dead. Even with a gas mask, even in a basement the heat would be too much. |
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Used, upgraded to 250gb hard drive. Comes with power adapter and installed battery. Windows Vista Home Premium is pre-loaded on the hard drive and the key # is on the bottom of the machine. Nothing else is included. $249 plus shipping payable in BTC Microprocessor 1.73 GHz Intel® Centrino® Duo mobile technology featuring Intel® Core ™ 2 Duo processor T5300 Microprocessor Cache 2MB L2 Cache Memory 2048MB DDR2 System Memory Video Graphics NVIDIA GeForce Go 7600 Video Memory Up to 256MB (discrete) Multimedia Drive LightScribe Super Multi 8X DVD±R/RW with Double Layer Support Display 17.0" WXGA+ High-Definition BrightView Widescreen Display (1440 x 900) Fax/Modem High speed 56k modem Network Card Integrated 10/100/1000 Gigabit Ethernet LAN (RJ-45 connector) (i) Wireless Connectivity Intel® PRO/Wireless 3945ABG Network Connection Multimedia Features HP Imprint Finish & HP Pavilion WebCam with Integrated Microphone Sound Altec Lansing Keyboard 101-key compatible Notebook keyboard with scroll bar and integrated numeric keypad 2 Quick Launch Buttons-HP Quick Play Menu and DVD Pointing Device Touch Pad with On/Off button and dedicated vertical scroll Up/Down pad PC Card Slots 1 ExpressCard/54 Slot (also supports ExpressCard/34) External Ports 5-in-1 integrated Digital Media Reader 4 Universal Serial Bus (USB) 2.0 1 Headphone out w/SPDIF Digital Audio 1 microphone-in 1 HDMI 1 VGA (15-pin) 1 TV-Out (S-video) 1 RJ-11 (modem) 1 RJ -45 (LAN) 1 Expansion Port 3 1 IEEE 1394 Firewire (4-pin) 1 Consumer IR (Remote Receiver) Dimensions 15.16 (L) X 11.65" (W) X 1.57"(H) Weight 7.7lbs    |
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I don't realistically expect my coins to be used much for trade - it's rather infeasible with the premium I must charge to continue to make them. Anything can be compromised or counterfeited given enough resources or ingenuity. The only thing I can realistically promise is that I've mailed out only honest coins. That said, I'd expect competition long before I'd expect counterfeiting - it is far more rational economically to make legit physical bitcoins than fake ones.
The argument would be, why invest all the resources to make fake 1BTC coins for a short run that won't be sustainable when the market is willing to pay a good percentage of 1BTC in the form of a markup for a legit coin in the long run?
I have seen in person trades and done them with casacius coins at the bitcoin conventions. They were done with the coins at similar value to the ordering cost (above quantity 5) like 1.2 BTC each. Of course those were with series 1 coins which are now worth more then 1.2 BTC each! I would imagine if there were enough Bitcoin people together who were trading that they would be used again. |
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Ron Paul is actually right, I'd be pretty pissed if some twat took my real name and used it for political purposes without asking me first, yeah you can't go around taking other peoples names and stuff and using it for your own purposes like that. To illustrate things for you, it's a bit like with filesharing, no problems with that, but if you run around claiming that you're the one who made it and distributed it then you're definitely stealing and a fucking arsehole.
I've seen cases where people have even stolen other artists work on the internet and claimed it was theirs, when confronted with proof they played the denial game.
Except that they gave him millions of dollars in donations and he pretty much accepted their help during the last election cycle. In no point in the past until now has it had anything but favorable information on Ron Paul. It is clearly a pro Ron Paul site and has worked only to help him in the past. Copied from Slashdot: From the horse's mouth [ronpaulforcongress.com]: "We must stop special interests from violating property rights and literally driving families from their homes, farms and ranches. Today, we face a new threat of widespread eminent domain actions as a result of powerful interests who want to build a NAFTA superhighway through the United States from Mexico to Canada. We also face another danger in regulatory takings: Through excess regulation, governments deprive property owners of significant value and use of their properties – all without paying ”just compensation". Property rights are the foundation of all rights in a free society. Without the right to own a printing press, for example, freedom of the press becomes meaningless. Congress must work to get federal agencies out of these schemes to deny property owners their constitutional rights to life, liberty, and property." |
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There needs to be a way to use some of the wealth that bitcoins represent. If someone could purchase real estate with bitcoins... it would be huge. A good thing for everyone. But how can it work? Most people can't afford to buy a house outright so they take loans to pay it over time.
I can think of a couple of ways... but I don't know a lot about real estate so please jump in..........
1. The bitcoin real estate company or bank.... acts as a long term escrow holder of the deed to the house. The seller........ gives the deed to the company. The company monitors and tracks the payments of the buyer to the seller. If anything goes wrong with the buyer.... then the company works it out in slight favor of the seller (to not encourage foreclosure for instance) . This means that the seller of a house doesn't get the full value of their house at once... but slowly over time. as if they were the bank.
2. second way....... the bitcoin company actually buys the deed with bitcoins... and accepts bitcoins as payment. I'll finish this and edit it later I have to go at the moment.
Actually what bitcoin needs (in the USA) is a title company that takes or facilitates transactions involving bitcoin. That bad news is that there are less title companies then real estate agents but once you had a title company that could do this you could buy from any real estate agent. If the seller did not want bitcoin the title company would take care of it. If both parties wanted to use bitcoin then the title company would (as they normally do) act as an escrow agent and change the title after the bitcoins had changed hands properly. There are many taxes and rules with real estate and many title companies only act within one single state. |
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