because the .bit doesn't use standard DNS service that all web-browsers go through. so unless you have changed a few settings in your web browser, you wont easily get to a .bit address.

and trying to get potential millions of customers to change settings just to visit your site, is a headache for them. so unless you sell someone unique, customers wont visit a .bit website.

will people ever learn to avoid paypal at all costs.

how to turn bitcoin into money?

well id say avoid paypal.

paypal is not money. paypal is just another database showing a balance. it is not legal tender to pay taxes and you cant buy alot of things with it unless its affiliated with paypal.

if you want money. IE legal tender. then id say use localbitcoins.com.

if you want to turn bitcoins into another digital currency that 'represents' FIAT IE Paypal, then you will have to be careful and find a proper exchange that can be trusted, because once you hand over your bitcoins there has been many cases that the new owner of your bitcoins will do a chargeback on your paypal account.

with the exchange rate some people do for a bitcoin-paypal swap, and then paypal fee's later on to buy the product you want. you may be better off looking around retail shops/pawn brokers for the item you require and simply cashing out bitcoin to proper legal tender.

paypal and bitcoin have many bad instances of trades, whether its paypal freezing paypal balances due to their own policies, or scammers getting refunds. paypal is not always worth the effort.

i imagine bitcoin in the same way i imagine a foreign exchange from pound to euro, dollar to yen.. etc.

the country that owns the FIAT should ensure they control that fiat. but they should not try controlling the opposing countries FIAT.

EG USA.. should have controls to protect the dollar but should have no policies to control pounds, yen, euro or bitcoin.

bitcoin is its own country, its own population and community. it is not owned by another country

trying to promote bitcoin to EVERYONE is still a little early. especially when the main selling point is still mining, which has in the last few months just moved out of the 'everyone' can do category.

what is needed is more merchants, and business development of bitcoin. and a big publicity move to show the world where all of these merchants are.

i know there must be over 20k merchants selling legitimate goods and services yet i cannot find a single webservice to even locate more then 1000 in one go.

the general public need to know there is always a service or person within driving distance to use or exchange coins with. so that they are not reliant on banks linked to full-on exchanges such as MTGOX as there only use of bitcoins.

the only way to maybe have a key that is proved to belong to you in the first place is to vanity address a public key that means something. such as your username.

but even that is not full proof

im still a little concerned that the major exchanges are also inbed with the foundation.

much like state governors and members of parliament are also chairmen of corporations..

this means if the foundation changes code, exchanges will take on that change without question and thus making the community, like sheeple follow suite as their funds will become less useful, unless using the same fork as the exchanges.


so don't fully believe that if the foundation makes a bad coding decision that the majority would automatically reject it. not unless the majority want to be stuck with only using local bitcoins.com as the only way to cash in and out.

why change the bitcoin code

how about make their own alt coin the way they want it..

alot of the pirate@40 funds looped through this address at some point.

alot of speculation last year was that its was a silk road moneypot that pirate used to deposit and then withdraw from to use as a mixer

looks like the week before slapping his wife about and after getting dealt with by the SEC, he was having a house party..


.. i guess he dont care much about anything

(quote can be verified from his wifes FB)

this image alone should show they are not going to use new tech, which should to many people instantly spot it as a scam



let alone all of the over promises and lack of information

XAU

this was discussed months ago..

please try actually watching the video.

paypal never says it WILL be added.

yet another case of chinese whispers (words twisted with every person it passes to)

please refer to sources of the information before posting them.

merchant benefits
no card readers required
no charge backs by dubious customers. only refunds from merchants for legit reasons
refund process is easier then credit card/debit card
using green addresses merchants can see customers balance before confirming transaction (meaning less time verifying balance to accept payment)
no having to keep transaction records (paper receipts) for X years
no dealing with customer service departments (self managed)
no merchant account monthly/yearly fee's or deductions from transaction value.

customer benefits
no application forms to fill
no credit checks
no waiting for postal service delivery of card and pin number
no postal theft of cards or pin numbers

.... just to list a few of the many benefits

ANY business, whether FIAT or bitcoin can be a money launderer. the main difference between a legit business and a money launderer is if their morals are low enough to not care if the funds they deal with are 'dirty' proceeds of crime. and if the main objective of this low moral business is to clean up the funds, where its advertised business is just a front, and not the main profit making part of the business

well following your logic, its like teaching modern day gold miners the only equipment they need is a pan and some water. in todays technology requirements for bitcoin, it is completely logical to assume to get any kind of reasonable income you require a piece of equipment that is not a standard computer part used for gaming (CPU/GPU).

so for teaching purposes using a USB erupter is actually great as the new sandbox testing and learning part of getting into mining before spending thousands on big rigs.

i would never go to any gold mining seminar to learn how to gold mine, if the only demonstration was pan washing. id want to see sloosh machines, excavators, dynamite being used.

that said i think that bitcoin mining has gone far passed the hbby price of every day users. and any education of people on small incomes should be based around the benefits of starting their own retail busines using bitcoins, without all the government red tape and without card processing fee's.

we (in comparison to gold mining) are no longer in the wild west days of pan washing for gold where any man and is son can do it. it requires significant investment to mine, thus leaving the rest of the world to find other methods of getting an income from the new currency. so lets make the educational push into retail start ups, working for bitcoins, buying every day products for bitcoins.

we need to move slowly away from the brain fart opinion that the only way to make money in bitcoins is to mine it.

im sorry to say that i got my hopes up that there would be a well designed place to look up bitcoin merchants and find a HUGE list of them. but i have been let down again.

WHY OH WHY do you need to login just to find merchants??

if there was a professionally laid out website that listed businesses like a yellow pages, that would be great. i cant see why general public need a login account just to view businesses..
give me 3 good reasons VIEWERS/General public need to provide login details just to find something?

think of it this way would google be as popular search engine if it required a google account just to use its search engine

didnt read the article but to answer the topic question..

NO

and this is why

banks and governments are not fighting bitcoin, what they are trying to do is reduce the risk of scams and launderers abusing bitcoin which then chain reacts to abuse their beloved FIAT.

if you feel like you are in a battle with banks or regulators then this is because you have never honestly read the details of banks or regulators to know exactly what you can do, thus you now have them on your back.

basically if u want to be transferring hundreds of thousands a day/week of FIAT, then don't be ignorant to regulations purely because the other half of your business is bitcoin related.

Fidor bank looks to be investing into bitcoins too..

here come the big boys.. prepare for some ramps and dumps soon.

think about it, anyone in europe can go through a german bank/business without having to currency exchange into dollars to get their bitcoins. this means cheap coins. and also with europes fast wire transfer services. it means instant coins..

all good news

the btc-e P'nD'ers do at least hint what's happening. to warn people that don't understand the process, to stay away.

so if you don't understand the word play they use to create panic then, when they shout out a certain coin is gonna P'nD'. Find a different coin to play with for a few hours.

its all about reverse psychology and causing others to make the movements so you don't have to try as hard. and then profit before causing the reverse, to then profit a second time.

as for creating a group collective of 'little guys'. this will not work as well. for these reasons.

big fish only put in 10% of their funds into a P n D purely for fun or to get an easy 1-2% profit (10% of their 10%). getting little fish to put in alot more of their funds would cause a few of them to be scared of losing their funds and some will react sooner then expected.

the other part is that unless you have a pair of pliers locked onto their genitals, most people have their own minds and plans to profit. so if they see a opportunity to get an inside scoop of when a P n D is going to happen. they will all try to be the first in first out of any plan. so unless you can control a group into conforming like robots to only trade on command. then i would think any collective of more then 3 people will fail.