Hi yes, the Diamond ATMs are cashless, and also depending on the local regs, may have to comply with KYC too
I mean as opposed to swiping. |
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EBay to Spin Off PayPal http://dealbook.nytimes.com/2014/09/30/ebay-to-spin-off-paypal-adopting-strategy-backed-by-icahn/And PayPal has grown more independent of its parent over time. Less than one-third of the total dollar volume of payments it processed last year came from eBay, as the business pushes into new outlets. In particular, it has looked to its acquisition of the start-up Braintree to handle mobile payments for hot e-commerce services like the car ride app Uber and the room rental site Airbnb. Whut? It was independent before Ebay bought them out. |
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I don't get why you keep posting the same pictures ? well just read the 2nd line under the pic Does it say be a good communist blah blah blah blah ? "Cut your roose". Racist LOL |
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Their actual first installed machine in action in the Bluff Cafe, Burleigh Heads, Gold Coast, Queensland.  He is typing in his CC number? |
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About time it can even out again. Get-rich-quicksters cutting their loose, true believers (and therefore likely hodlers) staying switched on. Bullish. |
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http://diamondcircle.net/products/bitcoin-atmi guess the one in the picture is the model they hope to one day achieve, SOON TM porbably made the img to get some funding google.. it finds everything! this is img hot off the press BTW... I should shop up the kiosk I once worked on. I think it could look legit. |
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It's a photoshop. I can tell from the pixels. Good eye! Indeed, the shadow is wrong, there is no reflection on the floor, ... There's actually quite a lot wrong with it. And I'm not even an expert. The first thing that caught my eye was the texture but look at it, they don't even have the "machine" properly centered. That could potentially be a stylistic choice but isn't. The perspective is funky too. |
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well its gonna look Real good when its deployed
It will look a little less impressive with a power cord. And possibly a cat5 cable. |
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a bunch of models in the background, i like it who needs models look at that sexy machine It's a photoshop. I can tell from the pixels. |
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I think we will see 320-350 before the weekend...circle came in rescue for today, otherwise we would've seen $350 easily.
you got it all wrong dumps happened because circle came out and price did not immediately shoot to the moon. well be at 410 by thursday... Bitcoin is currently a dump & pump scheme. |
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Damn. I know people were accusing them of that but I never thought they were that low. I just figured they were crooked and incompetent. |
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But there is the question of loss of confidence. If they want this cash cow to remain profitable in the coming years (and they absolutely do want this) then a dip into $100s isn't exactly good for PR. Besides they'll have to risk a lot more to get there.
They'll just move on to something else (if true). |
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BIT COIN IS THE SIGNAL!
Nice.  |
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BTW, I just bought $100 worth of bitcoin from circle, and processed a withdrawal which went instantly... which means that they possibly have their own Bitcoin Stock, and this makes me think that they rushed with going live when they saw the price declining, maybe as a move to lower their "loses"?
Is there any other evidence that they rushed though? |
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It looks that Circle will be the main reason for trend reversal. Small & continuous buys every day around the world...
ROFL, thanks for the laugh of the day. You know we havent hit bottom when you see absurd comments like this. The Cult still sipping the kool-aid is a great sign to sell... what if there are so many poeple in the cult that we run out of koolaid?  Why do you think the Kool-aid is red? |
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 I have a goooood feeling about this Seams legit. |
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I ended up making my own customized live ubuntu iso to run on my laptop connected to a usb printer in order to print an offline wallet. One issue I faced was that armory wouldn't run with the default iso file, so you are stuck connecting to the internet in order to install the necessary packages . Most of the various tutorials I read didn't even mention this issue, like they never tried to actually do it themselves.
So, IMO the paper wallet solution kind of sucks at least as I've seen it implemented. If you don't compromise on something it's a real pain.
I like the idea of greenaddress.it for an online storage solution. Didn't look into coinbase vault, but that's another option maybe.
Try bitaddress.org. Download the HTML (It's a single file) run it in a browser from your live CD. Print wallets. Load wallets. When you want to spend them, sweep them using one of the several wallet softwares that can do so. Edit: Beaten to it. One thing that makes me uncomfortable about Armory is that the paper wallet you print out is "Armory format". No doubt the key generating algorithm is public but it still doesn't sit quite right. |
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The exact annualised inflation rate jumps around every day, depending on how many bitcoins were mined in the last 24 hours.
It is around 10-14% currently, but will halve to around 5% at block height 420,000.
Say, 12%. It's not much, but unfortunately if works with "multiplicator": Since only about 20% of bitcoins are in circulation (the rest is on hodl), effect of new coins is 5 times stronger. I.e. this 12% inflation affects prices with the strength of 60% one. That is we need 60% annual user base growth just to maintain current price. And because the price is higher, this means probably a couple of orders of magnitude of dollars or other fiat currency. |
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no, it doesn't, but also being a software engineer prevent you from being a cultist to any technology
That made me chuckle. IT is a hotbed of cults of companies, brands and software. |
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see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years.
No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. You are both correct in different ways. There is no inflation in the number of bitcoins but there is inflation in the bitcoin supply. In the past, this may have been somewhat masked by many miners choosing to accumulate. In fact, if you look at it in terms of bitcoins actually circulating, it is likely significantly more even than 14%. |
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