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261  Bitcoin / Bitcoin Discussion / Re: why big companies like amazon don't accept bitcoin? on: February 17, 2015, 09:37:23 AM
my take on why established businesses will never accept bitcoin:


https://www.youtube.com/watch?v=h_fS4C7Cot8

because they have to pay their taxes and their "raw materials" in FIAT and are highly regulated. Bitcoin is designed for "private business use"
This is not a valid argument not to accept Bitcoin.

There are plenty of Bitcoin payment processors, through which companies like Amazon can very easily accept Bitcoin, yet they receive their sales directly in EUR or USD (the payment processor converts it to fiat). In fact they never even have to deal with or own any bitcoins at any point, nor are they exposed to any volatility risk. Company charges €50, customer pays in Bitcoin, company receives exactly €50. Period. No fees, no delay, no volatility, no chargeback risk, no restrictions or limitations (unlike any other payment method, Bitcoin is available worldwide), no nothing.

They use product pricing in euros, they receive euros, they pay tax in euros, done. In this sense, they're just using Bitcoin as a more efficient, faster, safer, better, and cheaper payment method (compared to credit cards, paypal, etc) rather than an actual currency, but that's fine.

So, what are they waiting for?

I suppose what you mean here is something similar like what bitpay has to offer. I'm just wondering since they act as intermediate party who absorbs all the risk on behalf of the merchant using their service, then how do they make money based on their business plan? I supposed there must a fee involved or the additional fee is passed on to the customer. Since the merchant here sells 1usd gets 1usd so the variable here must be the btc selling price customer has to pay for the product.

Bitpay doesn't absorb any risk. They check the orderbook and sell immediately. Whatever little fluctuation that can happen is averaged out.
262  Other / Meta / Re: Martin Lawrence Investments LLC vs bitcointalk.org., Case No.B7158590126-2 on: February 17, 2015, 09:32:50 AM
One of the better attempts on scamming here. At least some effort was put in, much better than signing up and asking for loan with some sad story.
263  Other / Beginners & Help / Re: I hope I can become a valued contributor! :) on: February 17, 2015, 09:31:33 AM
Welcome, we could do with a laugh during this time. Low prices, exchanges in trouble, talks about fork and it is not a happy mood around here.
264  Other / Beginners & Help / Re: CNH is CNY ? on: February 17, 2015, 09:30:10 AM
Depositing in Btc-e is always a pain. Its much better if you can acquire BTCs locally. If you want to trade and make use of their volume, then you can deposit BTCs. Keep in mind that their support has problem when it comes to depositing fiat and some are stuck for a long time.
265  Other / Beginners & Help / Re: New here on bitcointalk on: February 17, 2015, 09:27:57 AM
hello

i read a lot about bitcoin and decided to look into this,i just joined bitcointalk community, and wish that i will get help from senior members about everything that i need about, off-course related to bitcoin

You haven't mentioned what you need. You can PM if it is sensitive.
266  Other / Beginners & Help / Re: Is it the right time to invest on BTC on: February 13, 2015, 10:02:25 AM
I would say wait for some time and see. Prices are very tempting, but it has been around at this for sometime and there is a good chance that that it may crash further.
267  Economy / Services / Re: [PrimeDice] (Staff Only) Earn Bitcoins Simply By Posting on: February 13, 2015, 10:00:54 AM
Announced in December and still nothing. I guess its not going to happen. Maybe the low Bitcoin prices scared him off.

Hey, we are all trying to be patient here, no need to push the staff with these annoying comments.

PrimeDice has again and again shown that they hold what they promise and Stunna has been one of the most reliable people here on the forum. If he says it's going to come soon, then it will. No need to whine about it and just prepare yourself for the greatest campaign of all time. Smiley

I am not whining, they are perfectly within their rights to start whenever they want. I am calling it as I see it.
268  Economy / Gambling / Re: I am leaving guys. :( on: February 13, 2015, 09:59:21 AM
You lost a total of 17BTC and 5BTC in this case. So it seems you have been losing regularly. Its best that you avoid gambling sites altogether.

You should stay here and get some Bitcoins. If the price zooms to $1000 or more you will be very miserable, much worse than you are feeling now.
269  Economy / Services / Re: [PrimeDice] (Staff Only) Earn Bitcoins Simply By Posting on: February 13, 2015, 09:54:52 AM
Announced in December and still nothing. I guess its not going to happen. Maybe the low Bitcoin prices scared him off.
270  Bitcoin / Bitcoin Discussion / Re: Bitcoin For Flight Tickets? on: February 13, 2015, 09:50:53 AM
Expedia allows Bitcoin payment for hotel bookings. Expect them to add flight bookings soon too, though I don't see much benefit in that. Hotel booking I can understand if one is looking for some anonymity.
271  Bitcoin / Bitcoin Discussion / Re: Bitcoin, How Long Will It Last? on: February 13, 2015, 09:49:40 AM
Till 2140 if mentioned here above.

Lets hope it will stay so long. That means that it will last our whole life. That should be great anyway.

It will be mined a lot before 2140 as the targets till now have been reached much earlier. Even then, when it is over 90% mined and block rewards are very small it is as good as totally mined.
272  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not gold on: February 13, 2015, 09:48:06 AM
Bitcoin is closer to gold than fiat regardless of what it was supposed to be. Carrying cash and paying is still easier than Bitcoin, while the latter is good as a secure investment.
273  Economy / Services / Re: BitDice.me - Signature Campaign! [STARTED][ESCROWED] on: February 06, 2015, 10:47:28 AM
Payment received! Thanks Smiley

Post count: 322
274  Economy / Service Discussion / Re: Is Cloud Mining doomed? on: February 03, 2015, 10:10:55 AM
There is no point to cloud mining. Either it is a ponzi in which case it can fold anytime, or it is legitimate which results in a loss.
Best option is to get a miner if there is cheap electricity and mine on its own.
275  Economy / Service Discussion / Re: Recovery program beginning in January for PB Mining customers. on: February 02, 2015, 11:07:53 AM
how the heck are people getting small payments, when the ponzi is over?

Hes feeding people dust in the hope they maintain hope of a restart and dont go after him.  Throw in a couple of larger payments to shills and it might even work

I would have thought he would offer a cut price settlement which if the customers agree frees him from any liabilities. These small payments doesn't make any sense.
276  Economy / Services / Re: >> 7 Slots available ActionCrypto.com Options Signature Campaign*Earn 0.10 btc on: February 02, 2015, 11:05:43 AM
They had their manager leave without any notice. Give them some time to respond.
277  Economy / Service Discussion / Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ on: February 02, 2015, 10:52:19 AM
GAWminers collapsed.



Finally!

This is the gold standard for mining ponzis. You have got to respect them the way they managed to keep continuing for so long and then provided the grand finish with Paycoin.
278  Other / Beginners & Help / Re: Which Block Explorer do you use ? on: February 02, 2015, 10:46:46 AM
I found https://insight.bitpay.com. It is a great one because it is offering the source code on Github. It is also stable, because LocalBitcoins is using it. Should be included.

It gave a big error saying my total sent and received amount as ~7+BTC.

1. https://blockchain.info/

never used or seen any other block explorer (not counting altcoins), and there was no need for one , to be honest.

cheers

Except that it goes down every now and then...

It also gives some incorrect double spend flag sometime. In those cases I do a recheck with blockr.io.

+1. I have seen a post by a user warning about this with examples. Do anybody know why Blockchain.info have this problem?

   ~~MZ~~

Some posted that it was due to the transaction block getting orphaned. I don't why its a problem with blockchain.info and not others.
279  Other / Beginners & Help / Re: Which Block Explorer do you use ? on: February 02, 2015, 10:31:41 AM
1. https://blockchain.info/

never used or seen any other block explorer (not counting altcoins), and there was no need for one , to be honest.

cheers

Except that it goes down every now and then...

It also gives some incorrect double spend flag sometime. In those cases I do a recheck with blockr.io.
280  Economy / Invites & Accounts / Re: Selling bitcointalk.org accounts *updated 30 Jan, 2015 on: February 02, 2015, 10:25:35 AM
**special** buy my entire inventory for 5.85 BTC. It will include all accounts in the OP plus 9 Junior member accounts that can et 80+ activity by just posting and 15 newbie accounts with between 4 and 13 posts each. **limited time offer***

There has been an increase in account selling threads and now this. Is there a particular reason, or is it only due to PD not happening?
I am not behind any of the new selling threads.

Managing so many accounts has proven to be verytime consuming and I am looking to focus on my lending business.

There is clearly a lot of accounts for sell now. May not be the best time for you to exit.

You are making a profit in lending? Most I see fold and end up with losses.
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