While advertising for your new bitcoin related online business isn't verboten, it's generally bad form.  Be wary & responsible, and you can continue.  However, this does not belong in the newbies forum.  This thread will be locked, and if you cannot suffer the human cost of getting out of newbie hell first, then you really don't have a business worth advertising here.

I will also note that every single business that has attempted to do what you are trying to do using Paypal has either been run into bankruptcy by Paypal's own legal team and policies, or turned out to be con artists attempting to prey on those among the forum who have not yet learned not to deal with Paypal merchants. 

Every.  Single.  One.

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.

Wait, What?

There is already a cash card loadable with bitcoins?  Where can I get one?

And in a way that ASICs likely couldn't compete with anyway, since they can't be altered to take advantage of any shortcuts found; whereas GPU miners most certainly could.  I'd say it's almost a certainty that if any portion of SHA-256 appears to be at risk, there will be little resistance from the mining community.

Are you saying that I ended up with the only apple, or that your entire family ended up with the lemons?  After three years, you can't expect that the cell phone is going to be a superstar, but if it's just now being sold as used, it's probably not a lemon either.

Mine runs 4.0 just fine, as long as I don't try to listen to a podcast and answer a call over a bluetooth earpiece at the same time.  It can't handle the pause, switch, connect, answer and unmute in a fast enough time period to actually accept an incoming phone call; but they all have their limitations.  It really depends upon what it's being used for.  It'd be a great microcontroller for a DIY drone, for example.

We'd be on the 3rd or 4th generation of ASICs by the time SHA-256 needs to be replaced under any realistic conditions, but even then the transitional process wouldn't likely make the ASIC's completely worthless.  For example, the crypto setup for the blockchain (wherein SHA-256 is used) has "hooks" for using two different algo's in series.  Currently, SHA-256 is simply used twice, but if things start looking like SHA-256 is at risk of being undermined; the developers could switch one of those methods to some other algo, so that both SHA-256 and the new algo must be employed.  This would still give those professional miners with SHA-256 ASICs an advantage over GPUs for a time, as well as a future set of algos in order to develop the next set of ASICs for.  If SHA-256 is ever broken, it won't matter much what the ASIC miners had planned.

The first ascii character in the bitcoin address is what tells the bitcoin network what type of bitcoin address it is, and thus what method of cryptography is employed.  Currently, all regular bitcoin addresses begin with a "1", and the network cannot recognize any other kind within the main network.  (there is also a 'testnet' for development, which can use addresses that begin with "a" as well, IIRC)

The point is that you can use the current algo for as long as you like, and the network will not care; but if the algo is ever 'broken' there will be a push into another address algo that will be able to coexist with the running network.  As long as you transition to the new algo within a reasonable period of time, you won't risk losing your coins and a "Bitcoin v.2.x" will not be necessary.  This has been pre-planned from the start, by Satoshi himself.  There is a different modular algo system in place for transitioning the blockchain crypto (which is different, BTW) should that ever prove necessary, also without so much as skipping a block/beat.

The next address algo will likely produce addresses that start with a "2", so as you can guess, we've got till at least "9" before things get visually confusing.

You're screwed, brother.  And mining on a macbook anything is a waste of effort and energy.

I agree, 7% is on the high end of normal, but isn't out of reason.  4% is about average just for the interchange fees, not counting any other fees.

I recommend that you go onto Ebay and buy a used Samsung Intercept for Virgin Mobile or Sprint.  They will be cheaper than any other Android because they are fairly old and cannot be switched to a GSM carrier due to hardware issues.  Not the fastest phone anymore, never was really; but it does work and can be upgraded to 4.0 after rooting, and it's easy to root.  I have one and am considering buying a spare to give to myt daughter as a wifi only device.  Great machines for the price.

Theu used to do the same thing in the US in the 1980's and before.  That ended with the vendor contracts I mentioned.  We're likely to see it again soon, though.  This is on reason that CC's are more popular with US citizens than in other countries, as much of the cost of useing a CC has been hidden from the consumer in the form of unnaturally higher prices.

I wish.  I'm now kicking myself for deciding not to buy more at $14.

Yes, a group of retail businesses just won an anti-trust lawsuit against the CC companies, on the basis that the common practice that vendors must hide the 'interchange' costs from costumers amounted to market collusion.  The court finally agreed.  You'll see more of that going forward.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.

And it's by an avowed liberal.  Warning, it's pretty long.


http://www.thepolemicist.net/2013/01/the-rifle-on-wall-left-argument-for-gun.html

Not impossible.

That's not security, that's insurance.  The security model for CC's is awful.

This was done years ago.  The most likely time zone is Eastern US.

Taken alone, this is false. Do you wish to clarify?

I know not of any such problems.  I don't deal with any exchanges, personally.