A friend wants to accept Bitcoin in her small UK cafe. She has an Android phone, is non tech but not stupid, and would want to run it solely off that.
Amounts will be small, £5 ish per transaction and she would want to transfer periodically to a cold wallet.
It must be non centralized with private keys private to her.
Recommendations please?
EDIT
I should have made clear that there will be only one point of payment, at the counter when orders are placed with the owner, so no necessity for involvement of any staff in the process. Pure 1P to 1P.
We're thinking simple and easy here, minimalist but obviously secure.

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Self moderated because I hate sig spam and will delete anything I think falls into that category.

Thanks for your valuable Yobit spam input.
How come you get paid for repeating what everyone else says when you have neg trust?

That's alright then, it's ok to help the scammers who run LARA to rip people off, because they are "total retards" and "dumb".

This scam was always dependent on Telegram turning a blind eye to their service being used by HYIP scumbags and, surprisingly in a world full of greedy fucks like you, they appear to have grown some balls and are blocking auto payments.

The LARA admin are all butthurt
"How dare they fuck up our scam?"
 



#destroylara

#ScammersHaveRightsToo

LOL, that's a portfolio?

Looks like this shit has nearly had it, back under its rock soon.
It was always totally dependent on Telegram facilitating it, and they're not going to want a reputation as just another playground for Russian HYIP scumbags, hence



 

Yeah, and if you accept payment to post positively about something that turns out to be a scam, you'll get your account trashed with red trust.
Manipulation of public perception of your project/scheme/whatever by buying false feedback is a standard scammer tactic and completely different to signature campaign payments.

Just a bump with a couple of pretty pictures, one fake, one real.
The fake comes from TX3's totally made up Facebook page, the real one from a photo gallery site in India.
The Facebook page is laughably unreal, 9,900+ bought 'likes', but no more than one or two for each padding post.





Jury's out on TrustPilot, they say they are investigating TX3 but haven't pulled their obviously fake listing yet.

Got a couple of other enquiries being answered soon, but apart from meaningless FB updates, this scam looks pretty dead in the water....

@OP

I told you here a week ago that Atelcominer are a scam.
So do your own research and stop linking to them.

Calling it a 'game' and not an investment seems like a half hearted attempt to deny any responsibility when it goes wrong.

To be fair tho, Bitfury has confirmed to me that Hashing24.com are legitimate customers of theirs.
That doesn't mean that these people are legit customers of Hashing24 tho....
Even if they are, that doesn't mean I'd put a satoshi in this "game" either because

Hashing24 offers 1 Th/s for 0.125 BTC, $76.71 at $613.
1 Th/s will mine 0.00104 BTC a day, $0.64 a day at $613.
Maintenance is $0.57 a day per Th/s, leaving $0.07 a day profit.
That's 1097 days to get your investment back.

It seems obvious that these "aggregators" either can't add up, or their 110% ROI per year is purely dependent on the Ponzi scams in their "portfolio" with the real mining added for credibility of the name.

That's virus as in contagious and dangerous scamming methods, not as in malware on your hard disk.

The Onecoin model of bullshit "cryptocurrency" married to a hard sell MLM pyramid is attracting several copycats, Leocoin, Capricoin, Swisscoin and Swiscoin amongst many others.
These have notional products, for example "Education Packages" which are neccessary purchases to become involved in the MLM pyramid, and receive commissions based on the number of people you recruit into the scheme after you.
This type of marketing has been around for years, but the crypto angle which is now being exploited involves a centrally administered "coin" being produced by the scammers and hyped to be "The Bitcoin Killer" or other such nonsense. These coins invariably can only be traded in a scheme back office, or on a rigidly controlled basis (usually huge pre-mine) on shit exchanges.
Gullible real "investors" soon realise they are locked into the scheme and all they have bought is promises of Da Moon from chronic MLM promoters like J Ryan Conley and the Onecoin Mafia.

The latest in this shower of shit is DAScoin, operated by Coinleaders, a Singapore/Dubai/Hong Kong based collection of MLM veterans.
My good friend Oz at BehindMLM.com has posted an accurate review of this scheme, of which I quote an edited version below

The Coin Leaders website states that the company is operated by CL Singapore Pte. Ltd., which is based in Singapore.
CL Singapore is wholly owned by Coin Leadership Limited, based in Dubai.

John Pretto (nice teeth) is identified as Chairman of Coin Leaders.





On the MLM side of things John Pretto was actively promoting the OneCoin Ponzi scheme last year. Before OneCoin Pretto was promoting Nuverus (nutrition). Pretto appears to have gotten involved in OneCoin in early to mid 2015.

Coin Leaders has no retailable products or services, with affiliates only able to market Coin Leaders affiliate membership itself.
Coin Leaders affiliates invest up to €25,000 in DasCoin, a “hybrid cryptocurrency” run by Hong Kong based DasCoin Limited, in exchange for their investment, Coin Leaders affiliates receive a “software license”.


The more funds invested into software licenses, the higher the assigned value to DasCoin.
Through their software "license", Coin Leaders affiliates receive DasCoins via “cycles”.


In a nutshell, the more a Coin Leaders affiliate invests the more DasCoin they receive.

Standard – invest €100 EUR and receive 1265 cycles and 1 upgrade
Manager – invest €500 EUR and receive 6325 cycles and 1 upgrade
Pro – invest €2000 EUR and receive 27,600 cycles and 1 upgrade
Executive – invest €5000 EUR and receive 74,750 cycles and 2 upgrades
President – invest €25,000 EUR and receive 373,750 cycles and 3 upgrades
An upgrade is triggered when the rate of cycles converted into DasCoins drops below 50% efficiency (from a starting point of 100 efficiency).

When an upgrade is triggered Coin Leaders affiliate cycles that have not yet been converted into DasCoins are doubled.
Coin Leaders affiliate membership is tied to an initial investment of between €100 and €25,000 EUR.

Coin Leaders is pretty much John Pretto’s attempt at the OneCoin Ponzi business model.

Affiliates invest in “cycles” (OneCoin tokens), which are converted into DasCoin (OneCoins), which are assigned an arbitrary value by DasCoin, a centralized authority.

DasCoin itself is not publicly tradeable and can only be acquired through Coin Leaders investment.
The Coin Leaders website identifies the CEO of DasCoin Limited as Michael Mathias, surprise surprise, Mathias is/was also a OneCoin affiliate.

Coin Leaders and DasCoin present the usual comparisons to legitimate cryptocurrencies and crap about external use of the coin through a merchant network.
The reality however is that Coin Leaders and DasCoin offer up nothing more than a Ponzi pyramid hybrid.

SOP means that purchase at the most expensive entry point is heavily encouraged by impossible maths


The Ponzi element of Coin Leaders is the investment of funds which are converted into DasCoins. The value of DasCoin is assigned by DasCoin Limited, the company running the point-generation script that spits out DasCoins.
The value of DasCoins is pegged to nothing more than the rate of investment from Coin Leaders affiliates.
Affiliates cash DasCoins through Coin Leaders, who use newly invested funds to pay off existing investors.
Albeit convoluted in an attempt to pose as a legitimate cryptocurrency, this is nonetheless the definition of a Ponzi scheme.

Coin Leaders’ pyramid layer is found in its referral commissions, wherein affiliates are paid to recruit new affiliate investors.
Referral commissions are paid out of funds invested by newly recruited affiliates.

As with all Ponzi schemes, once recruitment of new affiliate investors dries up Coin Leaders will collapse.

---

Why should I waste time and effort writing about this crap, it's not "real" crypto? I hear you ask.
Very true, but that's why I think it's important to distance genuine efforts at an alternative financial system based on cryptocurrency, from the Old World MLM scammers using this "New Opportunity" to rip people off.
Also some say, "You're giving them publicity."
Possibly true, but hits for these scam analyses on BCT usually hit page one on Google searches....

Also importantly in my view, shit sticks.
Every time someone gets ripped off by something thought to be in the cryptosphere, some know nothing regulator or authority will get it into their head that "These things must be controlled/outlawed" and they start with the most visible, Bitcoin.

No, you're not required to shill either.
It seems fairly obvious that your only motivation for posting these "Genesis is great!" comments is to earn your grubby 3% referral commission.
Your credibility on this subject is zero.
And pls, no more "Why are you so angry?" pm's, thanks.

Ironically, on the other thread I have posted some rough calculations which indicate that Genesis's maintenance charges are at least logical.
Anyone want to check the math out and comment, feel free.
I stress that I in no way recommend any cloud mining "investment" period.

Listen, I'm no shill for Genesis or big business and personally think that cloud mining is to be avoided at all costs.
Sure, people are pissed that they're getting dust from their Genesis contracts and I don't blame them in the slightest.
What I'm saying with the above guesstimations is that their maintenance charges seem consistent with the actual increase in the cost of mining and don't seem to be a scam in themselves.
There's never been a Free Money Machine ever, and ASIC's operated by someone else definitely ain't.

Pick the bottom

Just for the fun of it, I went back to this interview to see how the make up of the Genesis maintenance fee has changed in the last year (since that article in August 15).

Making a couple of suppositions, basically that both then and now they are use the best mining gear available...

In August 2015, Mr. Streng said it cost Genesis ~$60 in electricity to mine one coin, and another $128 in general overhead/fixed costs, a total of $188.
Their maintenance fee then was $0.0015 per Gh/s or $160 per coin, or a ~90% contribution to the total operational costs involved in mining one coin (worth $235).

Supposition One:
If they were using S7 equivalents (new out then) then that would have meant an electricity cost of ~ $0.09 k/Wh.
There's no reason to suspect that unit Icelandic electricity costs have increased over the last year
Supposition Two:
If they are using ~ 0.1 J/Ghs gear now, still paying $0.09, then it now costs Genesis $207 in electricity to mine a coin.
(Difficulty has increased by ~500% and rewards have halved, but miner efficiency has increased)

So, in that year, power cost for Genesis to mine one BTC has increased by $147.
There is no reason to expect fixed costs to have increased, so now it's a total operational cost to Genesis of $335 to produce one BTC, or virtually the same as their current maintenance fee.

From this admittedly loose data, you could say that Genesis have been consistent in charging a maintenance fee that covers their costs.
The fact that customers' net income doesn't live up to hopes is one thing, but calling Genesis scammers solely because of their maintenance charges seems to have no basis in fact.

This scam has been about for at least two years.
Looks like our unfortunate
three post newbie has been done again....


https://blockchain.info/address/1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj

Are my maths right, that maintenance fee translates to a cost of about $336 to mine a coin?

A pretty cool coin from a quick look.

Any idea why some shitty pyramid cash gifting scam is talking about using CyptoJacks? Where's the connexion?

Post some proof or STFU, $40k newbie.

That's a shame, you gave it a good go.

Unfortunately the wind is blowing in the wrong direction for simple, honest projects to be community/crowd funded.
The mania for moar moar moar means badly nailed together scams with a predatory MLM funding structure attached (and posing as "crowdfunding") are the Brave New World, G-d help us all.

Of course you can trade anything without technical analysis, just press the buttons randomly....

http://www.marketwatch.com/story/how-hedge-fund-geniuses-got-beaten-by-monkeys-again-2015-06-25

Seriously tho, TA has a money management value as well as providing entry points for trades.
The problem I have with "fundamental" analysis trading is how to ascribe a % move value to a specific piece of news or data. 

Good luck, maybe think about GPU mining?