Does your credit score absolutely suck? Did you purchase bitcoins previously and end up not having the funds in your account to pay for it?
Just some questions that comes to mind trying to reason why this may have happened.
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I love CoinBase and how it is making it really easy for not only users to buy bitcoins instantly, but also its excellent merchant features. I was thinking about the following feature idea and wanted to see if you guys thought this would be possible or even desirable.
What if CoinBase allowed the possibility for merchants to allow people who do not know what Bitcoin is, or has zero interest in buying bitcoin in order to purchase a merchants product - to have the ability for that customer to input their banking information instead of sending bitcoin.
So instead of having a buy it now with BTC button, have a pay with CC or ACH button. The merchant would obviously have to wait 3 or so days to get their BTC but it would allow a merchant to widen their customer base and still obtain bitcoins for their goods and services in one central location.
The obvious issues that could arise is fraud, or for some types of services not being able to issue the product until the payment has cleared, however I can see some situations where this could not be a problem.
Another way to mitigate the above issues is to force users to register with CoinBase and go through the verification process like they are already doing.
Thoughts?
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How about BTCQuick.....
2013 July - $ 8071.86 (1st to 15th) - ~$9,141.13 (16th to 31st) - Total Monthly Sales of ~ $320,721.23 - TBD % Profit Margin - YTD Sales: ~ $737,788.69
Can you provide links?
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Lol. I can imagine something similar to The Wire. A large Bitcoin holder buys up a bunch of homes. Turns them in to stash houses, hires a gang of youngsters and gives them each burner phones as well as a bitcoin address. The gang peddles drugs and hands over the loot to a cleaner who launders the money through bitcoin. The gang gets payed weekly through their bitcoin address. Sounds like a good cypherpunk book. check out the username finshaggy.. this is something right up his street. he loves making up stories about drugs and dreams of a uptopian town made using bitcoins.. Lol, yea i have seen his youtube videos. The kid has some creativity.
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...Sounds like a good cypherpunk book.
dude, write that shit up haha If only I had the time and imagination to turn it into a full story. Aspiring writers out there, get at it!
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Lol. I can imagine something similar to The Wire. A large Bitcoin holder buys up a bunch of homes. Turns them in to stash houses, hires a gang of youngsters and gives them each burner phones as well as a bitcoin address. The gang peddles drugs and hands over the loot to a cleaner who launders the money through bitcoin. The gang gets payed weekly through their bitcoin address. Sounds like a good cypherpunk book.
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To Ken or the new PR guy: I was wondering if you could provide how much $ you guys have received through pre-orders already. I am attemting to gather rough estimates on the monthly income of popular bitcoin merchants in this thread here. Any insight would be wonderful.
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UpdateFinancial StatusMining Income: 102,041.82 BTCBlade Sales Income: 29,594.75 BTCUSB Sales Income: 37,524.00 BTCTotal: 169,520.57 BTCDevice and Infrastructure Expense: 397,800.00$ + 4,909,930.00¥ Electricity Expense: 729,542.05¥ Labor Expense: 327,081.00¥ Logistics Expense: 132,184.90¥ Deposits: 117,506.01¥ Total: 397,800.00$+6,216,243.96¥ Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing Can you provide information on the timeframe of this figure? I am trying to estimate the bitcoins merchant/marketplaces average monthly sales in this thread
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I am trying to collect as much data as possible to get a rough idea how much money is being spent in bitcoins market place. I am intersted in doing this as a result of many claims that Silk Road is the "driving marketplace of bitcoin" - which I don't think is particularly true. If you have any links, or information about the below companies please share, I will keep it updated as more information comes in. If you have any other suggestions on other bitcoin related merchants let me know. BitPay ~ $5 million/month CoinBase ~ 15 million/month *February buy and sales total | * emailBitcoinStore Lifetime sales: $662,993 | $662,993/7(?) months = $94,713/month BitMit ? CoinGig ~ $5,000/month Avalon 8 million in chip orders? *from comments here on bitcointalk, looking for links Butterfly Labs ? KnC owner refuses to answerAsicMiner ~$6,711,800 (unknown time frame) | Blade Sales Income: 29,594.75BTC + USB Sales Income: 37,524.00BTC Satoshi Dice ? BTCQuick ~ $320,721.23/month The only data I can find on Silk Roads annual sales is roughly $22 Million a year, i.e. ~$1.8 million/month so BitPay alone technically processes more than Silk Road alone.
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Hey guys! I wanted to let all shareholders know that I have taken on someone to handle Public Relations, posting on the forum, posting captures, videos and taking on your questions or concerns. The account will function under ActiveMining-PR on Bitcointalk.org only. All Press Releases, notes, informational and brochures will come through this account. Please bookmark and look for its latest posts.
.5btc says it's VBS lol, i bet so as well.
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Are Cubans really that good, or are they just sought after because of the embargo in the states? I remember the first cigar I ever had was a Cuban on a cruise..ended up puking over the railing
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This is proof mods don't give 2 shits about this forum.
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Thanks for the eventual update Ken and I accept your apology. I hope you can accept my apology too for my tone and language directed towards you. In the future though, don't say you are going to do something if you have no intention of doing it, just give it to us straight, even if it it's news we don't want to hear.
Mabsark will be transferring 250 shares of ActiveMining to me (bitfunder: smswanso) once tendered by Ken as per a trade. Just a PSA Made a deal with chsados to exchange 150 Labcoin shares for 250 ActM shares.
Confirmed, AUCTION CLOSED And proof for posterity's sake
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Made a deal with chsados to exchange 150 Labcoin shares for 250 ActM shares.
Confirmed, AUCTION CLOSED And proof for posterity's sake
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still can't beat the highest bid of 0.0021 im offering ;P
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The price on this will run higher than what people are expecting... it's just so cheap to begin with. Even if people sell at .002 it's cheap. This is even more of a speculators dream than active mining.
Here is a chance to put your money where your mouth is Starting at 0.002/share https://bitcointalk.org/index.php?topic=265600.msg2843636#msg2843636
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This is going to be a very quick race to the bottom.
Feel a bit sorry for Labcoin themselves. This thread should be about them, not about trader issues. Perhaps they need to move to another thread.
Why do you say that? I don't see why it would go much lower than innitial IPO price. Why would someone trade at a loss?
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2000 @ 0.01
Only have 150 shares mate. But ill do a buy it now 150 shares @ 0.01 = 1.5 BTC
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