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3481  Bitcoin / Bitcoin Discussion / Re: How many of you feel ashamed for recommending Bitcoin to family & friends? on: August 30, 2015, 09:05:47 PM
Bitcoin isn't going anywhere. Just sit tight and you'll be a winner at the end.

This is naive, at best. Bitcoin was never made to be a get-rich-quick scheme. It's a method of transferring wealth. If it were a guaranteed way to profit, every hedge fund/investor in the world would be all-in on it. Hint: it's not guaranteed, and it's HIGHLY risky.
3482  Bitcoin / Bitcoin Discussion / Re: Free market in bitcoin is probably impossible. :-\ on: August 30, 2015, 08:58:55 PM
The free market won't work because in order to truly separate it from fiat (government), everyone down a line would need to accept/use it. That means individuals who buy things at stores, the stores (which means employees must accept it), their warehouses (and all those employees), their suppliers (and their employees), their manufacturers (their sources/employees), and so on. The likelihood of this happening are almost nonexistent.
3483  Bitcoin / Bitcoin Discussion / Re: Tampa Bay Florida, "Bitcoin City" help! on: August 30, 2015, 08:56:37 PM
My previous experience with Coinbase wasn't very pleasant.

when BTC was $80 (I had a hunch that it was going to climb from $80->over $200) so I went ahead and tried to make a large purchase..they told me some 'issues occurred' and Coinbase contacted me and basically stated that I needed to wait another week before I could get my coins.. well the money was no longer in my hands and by the time they "figured things out" BTC was well over $150.. So they did not credit me for the time I sent the money, when the BTC was $80 USD and I noticed that my bank and lawyer said they used the money to purchase BTC and basically kept the difference and then eventually sent me some BTC but at the rate of which was significantly higher than the initial $80 per BTC I tried to purchase. It just does not seem right that they tell everyone "something went wrong, please wait" and meanwhile they are using those funds which are in their accounts to purchase BTC, keep the difference then give me the Bitcoin at a significantly higher rate... I tried to talk to so many people about this, I also had a terrible experience with BTC-E when I deposited $2,000 cash into a EU Bank account and my banker told me im SOL, I was banned and never heard from them again. Each message was automated and the same response was given each time as if it were a different person reading the email each and every time. Ontop of all the great experiences I got screwed buying mining hardware and once the hardware came (months and months after the promised date, the hardware was redundant and worthless) I basically lost $10,000 in that deal.. So I'm only willing to trust purchasing BTC in person with cash at a bank and or secure location, Jewelry store I used to sell timepieces at or what not, what would you do in this situation with large amounts of doubt and every reason to have doubt to not trust random people over the internet.'

Thanks again!

If BTC price dropped they would charge $80 price. A lot of people reported this behavior but others keep using Coinbase. BDSM is very popular these days...

My understanding is that if you reported the issue, they'd honor the original price, even if it did jump up quickly. I haven't heard of anyone that wasn't able to get them to, though I don't really think it should be a necessity to contact them every time, so that's a bit annoying.
3484  Bitcoin / Wallet software / Re: BitExchange hardware wallet is ready:Metal, Sapphire Crystal, Touch,Water proof on: August 30, 2015, 08:55:27 PM
Several have asked for more information and or a website on this product but seems like nothing is forthcoming.

If the OP is serious about doing business then he should at the very least post more information here in regards to the product, software etc... People will use this product to store small to large amounts of bitcoins and doing so without all the information required to make an informed decision is in my opinion a major risk.

I like the look of the product and would easily buy one but not without the OP disclosing full information about the product and not without some form of verification of such information.

There are presently more than enough alternatives [Trezor, Ledger, KeyKeep, Case etc..] where all the information has been shared and verified so no reason to waste anymore time on this product until such time as the requested/required information is shared.


Precisely my thoughts Wink That was the objective of my post. I like to see different hardware wallets and as far as the visual aspect of the thing this one looks pretty solid. But no information about it is really provided...

I'm with both of you as well. I love the square one -- it just looks so much more futuristic than the Trezor and alternatives. But I don't have a lot of confidence in a largely-unknown entity possibly being able to bug the systems in some way. I'd love to know the security to help prevent that.
3485  Bitcoin / Bitcoin Discussion / Re: How many of you feel ashamed for recommending Bitcoin to family & friends? on: August 30, 2015, 08:52:46 PM
I have only recommended BTC under the guise that it's a risky thing, equating it to stocks, only a bit more liquid. I'd never recommend people buy them without knowing the risks, though.
3486  Economy / Service Announcements / Re: [ANN] Purse.io - Bitcoin Amazon Marketplace - Save ~10-25% on Amazon Wishlist on: August 30, 2015, 08:50:57 PM
I just purchased some things with purse, using 15% discount, it didn't take too long for my order to be accepted by someone, just 1 day. So far the only disadvantage that i see is that sometimes the buyers of the items take too long to provide tracking information on the items.

I think some buyers are concerned about re-routing scams so they do not provide the tracking until its delivered to show proof of delivery.

I ended up losing a few BTC on Purse (buying BTC) since I have had a handful of users say they haven't received package, although tracking shows delivered, or no tracking (some 3rd party sellers don't post) but no return.. Purse tends to side with the receipients and Amazon is strict about that, make the claim more than a few times and they will hold/close your account.. I'm tired of the bullshit Purse threw at me over a number of transactions and the apparent assumption the buyer is telling the truth, over 200 TX without a single negative feedback but I am staying away for now.

I'll add to that, some of the gift cards I purchased on Purse a couple of months (purchased dozens) ago have been flagged as invalid, downside is Amazon rarely tells you which ones,'still fighting that problem now, lost a few more BTC that way.. Purse made a good move in disallowing purchases of them now, but it sure provides some insight into a set of users on the site..

This is a bad story about purse, i have read also in reddit i think about a similiar story when he had trouble with the item that he bought in amazon through purse. I would sell the bitcoin for paypal or cash and purchase items as usual.


I think you are much more at risk selling for Paypal as those transactions can be disputed months after you receive the funds.

PayPal actually has even more failure points:

1) PayPal itself (claim fraud, never rec'd merchandise, hacked acct.)
2) Credit card issuer
3) Bank

If 1 doesn't work, you can try 2, then 3. So it's the least safe method of all.
3487  Economy / Service Announcements / Re: ★ Exmo.com ★ - A Universal Cryptocurrency Platform ★ on: August 30, 2015, 08:47:57 PM
My SEPA transfers usually take 1 day, sometimes 2. Is that about right for everyone else?

"The timeframe for a SEPA Credit Transfer to be credited to the payee's bank is one business banking day following the Business Day on which EBS are deemed to receive a customer's instruction."

http://www.ebs.ie/daily-banking/sepa-frequently-asked-questions.html
3488  Economy / Service Discussion / Re: Multiple Signature Campaigns on: August 30, 2015, 08:28:47 PM
Some campaigns used to allow this, but the caveat was that they paid less (i.e., joining two of them would pay less than one normal one). As of lately, though, I don't know of any that allow it anymore.
3489  Economy / Micro Earnings / Re: Anyone use CoinUrl? on: August 30, 2015, 08:27:48 PM
I am not very fond of CoinUrl. I had a few links that had the destination page track the page views. I had around 2000-4000 pages views coming from the coinurl redirects.
Only 241 were recorded on one of the links. Their support isn't that great from when I last used them(about 2 years ago). Stick to other CPC ad networks.

Coinurl isn't for us.

Even if they were all recorded, you get almost nothing. On 9 clicks, I got 3 satoshi total. Their minimum payout is 1 million satoshi, which means ~3 million clicks for $2.61. It's absolutely not worth it.
3490  Other / Beginners & Help / Re: I have 0.02 btc , want to invest on: August 30, 2015, 08:19:49 PM
Go buy you a nice meal with 0.02. You don't earn any noticeable amount with 0.02BTC. Wink
its better to save it, there was a guy who bought 2 pizzas with hundreds of bitcoins as it was first btc purchase and now he could buy thousands of pizzas...

We'll never see that price jump again ever. You need a couple of tenfolds raise, that won't happen again.

This. When the pizzas were bought, BTC had pretty much no value. So let's assume it was $0.01 (it was actually more like $0.0003) each. At today's price, that's a 230000% increase. To do this again, it would require an increase from $200 to ~$4 million each.
3491  Economy / Gambling / Re: BetterBets.io |Win XBOX/PS4| huge rake+VIP| DICE★PLINKO★HORSE RACING on: August 30, 2015, 08:17:35 PM
how much commission for the affiliate?

i see 5 btc only for 100k..so low...or do i missed something from the update?

thanks

Our program for affiliates is one of the highest, for example most sites are 10% of 1% of house edge. BetterBets is 15% of 1% of house edge, the confusion for players often comes from the fact that we (I say we because I used to think the same as a casino player) think it's a flat 15% commission which is not the way income works.

Certain high page ranking bloggers/jounalists can get higher % affiliates if they contact me and run articles for us. We currently have one PR1 site getting a much higher rate in exchange for exposure of our site. This goes for any media that would like to collaborate with us; I'm a very easy owner to work with so just email us at bjorn@betterbets.io and for your help we will adjust your affiliate %. Just be sure to use your afffiliate link from your BetterBets account before publishing your work (and let me know your link ID).

-Bjorn

Ahhh, I wasn't aware we could reach out and request a higher percentage. Do I need to send you an email as well? Smiley.

Sure send me an email, we can discuss it in detail the requirement for it isn't strict but we do encourage high ranking media/blog sites to participate Smiley

Will do! I do have high-ranking sites as well (think PR4-6) but can't advertise something like this on them, :p.
3492  Other / Beginners & Help / Re: What is the safest and simplest way to keep bitcoins? on: August 30, 2015, 08:16:37 PM
Sure, the paper wallet is the safest option, but how? For example, suppose I wanted to save a considerable amount of money in bitcoins (in my case I will take the example of R $ 100), so I have to let it all just in this paper wallet?

"Paper wallet" doesn't necessarily mean paper. Paper wallets also include "brain wallets," where you use a password nobody can guess/crack and use that anytime you need to generate the proper address. In this case, only you know the information, and you're not relying on paper. On top of this, you're remembering a password, rather than a long address.
3493  Economy / Services / Re: How to start your own Social Media business on: August 30, 2015, 07:25:25 PM
Hey guys,

Is anyone insterested in me making a guide on how to create your own social media business? Like how do people sell X followers or likes for X bitcoins. Its sort of easy and there are several methods.

If you mean real followers/likes, sure. Most "businesses" are selling fake ones, and there are more than enough sites that automate that (but they have no value).
3494  Other / Beginners & Help / Re: BTC investment on: August 30, 2015, 07:23:05 PM
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.

If you're going to invest, you need to evaluate the business itself. 99.99% of the people here throw their money blindly at anything and everything, then claim "scam" after, when it was an obvious scam to begin with. If someone has to ask what a good investment is, they shouldn't be investing.
3495  Other / Beginners & Help / Re: Best way to safely store btc and be able to send/receive small amounts at a time on: August 30, 2015, 07:21:34 PM
If you're actively using BTC and want to send smaller transactions, go with Xapo or Coinbase. Both of these are online wallets that are easy to use and are great for hot wallets. Store your "saving" coins offline, though.
3496  Economy / Service Announcements / Re: [ANN] AdBTC - Bitcoin advertising network - free traffic for everyone! on: August 30, 2015, 06:58:41 PM
Just a few facts:

Today - only one ad has bought shares for 0.001 btc and will get 40000+ impressions today in all of our sites.

Tomorrow and the days after - noone has bought shares yet, so for any price bigger than 273 satoshis if there are no other promoters your ad will also get 40k+ impressions across our whole network.

This makes our curent CPM price at around 6 satoshis Smiley

How many clicks has this been equating to (daily)? And are you evaluating whether sites have real or fake traffic? Millions of fake hits at 6 satoshis are a rip-off. 100 real hits at 100 satoshi is valuable.
3497  Economy / Service Announcements / Re: Advertise Your Website for just 0.00001 per 1000 Impressions on: August 30, 2015, 06:55:04 PM
Hello!

Advertise your website in http://bitcoin-catcher.com for just 0.00001 BTC for 1000 impressions!


How to: Access the http://bitcoin-catcher.com and click in YOUR AD HERE.
See: http://bitcoin-catcher.com/wp-content/uploads/2015/08/your_ad_here.png


Last 7 days Page Visualizations:
See: http://bitcoin-catcher.com/wp-content/uploads/2015/08/page_visualizations.png


In addition to, We are looking for website partners for make Banner Exchange. Lets share the traffic. Send me a message if you are interested!

Our Patners/Affiliates section: http://bitcoin-catcher.com/affiliates/

 Grin

Please share the Analytics page that shows where traffic is coming from (All Data -> Referrals).
3498  Other / Beginners & Help / Re: Selling question! on: August 30, 2015, 06:53:39 PM
Is it allowed to sell MSDN keys on this forum?
May i ask what do you mean under "MSDN"?

MSDN mean "Microsoft Developer Network"

OP here is a thread where a guy is selling MSDN keys and you can check his feedback and that;s why he got "red" - negative trust.
Link: https://bitcointalk.org/index.php?topic=1071318.0;topicseen
Thank you for explaination...but from what i've found it's illegal by microsoft and sellin anything illegal is also forbidden on bitcointalk forums, no?

Yes it is illegally to sell msdn keys it is specified in their website, because it is just for the account holder and not for others(neither to sell to them)

It's not illegal. It's a civil suit, not criminal. And you're definitely allowed to sell them here on the forums, but if they get blacklisted, it's likely going to result in negative feedback.

Please quit spreading misinformation, guys.
3499  Other / Beginners & Help / Re: Reverse transaction on: August 30, 2015, 06:52:07 PM
https://bitcointalk.org/index.php?topic=231309.0

Here is the guide. I've used this trick successfully to recover coins I had 'lost in limbo' with never confirmed transactions.

This only works if the transaction wasn't going to be confirmed. If you've sent funds, with a mining fee, and it already hit the blockchain, you can't reverse it. You have to do it BEFORE it's thrown in a block. Even if you "reverse" it at around the same time it's added to a block, you're screwed.

You cannot reliably use any trick to reverse a transaction.
3500  Other / Beginners & Help / Re: What is the safest and simplest way to keep bitcoins? on: August 30, 2015, 06:50:07 PM
First my greetings to the forum on bitcoins because I am interested in currency, including already have registered my blockchain with only $ 4 ...

However, what is the safest way to store them? Is there a way to deliver them in paper money, or some kind of title? I am the IT area, and I think it will be a lot of work having to do several portfolios. And I have no other internet without computer or a printer, to remember.

I appreciate everyone's attention,
Lanpenn
Safe, Simple, Usable - seems to sum up what you are looking for.

Go open up an account with Coinbase.com or Circle.com.   Think of these as the Future of Banking and offer the following in regards to your concerns.....


SAFE: These banks are funded and run by some of the same people that run the current financial systems.  Circle has huge investments from Goldman Sachs and is run by a former JP Morgan Exec.  Coinbase is similar plus has the distinction of having millions of customers.  As far back as 2013 they had reportedly over 650,000.  So they have experience, a track record, funding, proven stable leaders.  Coinbase also offers "Cold Storage".  Both offer 2 factor security.  They also offer INSURANCE for your deposits.  It isn't Govt nsurance like FDIC, but they do maintain private policies protecting against any loss of your Bitcoins based on security flaws on their end.

SIMPLE:  It's basically about the same as a Paypal account.  Basically the same general process, series of steps to setup.  Very simple and easy to use Wallets.  Also, Bitcoin in the US is treated basically the same as Gold/Silver from a taxable standpoint.  They do all the work and issue you a Profit/Loss Tax Statement at end of year.  If you are a business entity that will be using your bitcoin for business purposes, this also helps you to maintain an expense record verifiable enough for tax writeoff purposes.

USABLE: Use an App on Mobile, or use your laptop.  Their online interface wallets are about as simple as it gets.  Not sure about Coinbase, but Circle will soon be releasing the ability to hold actual Dollars also.  It really will be acting as a bank then.  With that will come the ability to have a linked debit card that you can spend your Bitcoins with.  RIGHT NOW - a 2nd part of the step might be for you to look into a 3rd Party Wallet like Xapo.com.  They offer what is basically a "Debit Card".  For example, you buy your bitcoins and store them in Coinbase or Circle - then once your Xapo Wallet is set up, in a matter of seconds you can send to Xapo and have it available for use through a Debit Card.  The card operates through a Visa plaform, so it is accepted pretty much everywhere.  A little known fact about the Board of Directors of Xapo is that it includes Larry Summers (former Federal Reserve Chief), the founder of VISA, and a former Citibank CEO.  And they offer Cold Storage in an underground Swiss Bunker, and have mirror sites across the globe.  But in the near future I think a company like Circle will offer you a one source for this as well - but for right now a 2-Party Solution like Circle-Xapo really does make your life as simple, safe, and useable in the real world as anything out there, more actually.

SIDE COMMENTS:  Exchanges Like Circle and Coinbase are basically the New Internet Banks that deal in Bitcoin, but also allow you to transfer money easily to and from from your existing Bank.  Funded and run by the same people that run the existing banking system - they are the most stable way to get into Bitcoin.  Also, in the event of a catastrophic Global Finanacial meltdown in which people may run to Bitcoin as a safe haven, you can bet that these big players won't be leaving anything to chance that THEIR money/bitcoin won't be protected, and if your is sitting next to theirs - then you get the same protection.

DOWNSIDE NOTES:  These types of Exchange Accounts have a paper trail.  They are subject to Gov't Audit just like a regular bank account.  So if you are an entity that deals in "Quiet Cash", then this probably isn't for you.  That includes terrorists, drug money launderers, arms dealers, child traffickers, and the rest of the various scum on the planet.  If that defines you - then you need to go get a dark wallet or something more anonymous.  Or if you want to evade your share of taxes - then also this isn't for you.  However, if the price goes down, this way you can write it off as a loss. 

PERSONAL COMMENT/OPINION: I would and have followed my own advice.  But I'd also squirrel some Bitcoin away in a Paper Wallet or in a Dark Wallet.   I have no plans for doing anything illegal or for evading taxes, BUT it is never a good thing to place all your trust into the governments and corporations of the world.  They are utterly evil in my opinion, and it is only a matter of time in which I expect to see even average citizens wishing to partake in "underground" activities (probably best to hold a bit of physical gold/silver also)But for the next few years at least - best to just survive normally, safely, simply - hidden in the giant mass of sheep that is humanity. 

Everyone should have at least one bitcoin in an exchange account.  And you should tell anyone you love this fact also.  Strange days ahead.  Things are going to change faster than event the last 7 years.  Get a jump on the change and you will find you are much better prepared to survive in the new financial world.

Hello to the OP, welcome to the Bitcoin community. If I was you, I would not use Coinbase or Circle or any other online wallet. With these services, you will never be in a sole possession of your private keys and that's a whole point of the Bitcoin, to be your own bank. Don't trust other people with your money when you can do it yourself. You never know what future brings, look at the Greece and capital controls. Who guarantees you that Circle or Coinbase won't do that in the future!

As for the advice, follow the instructions of the user RustyNomad above. He has given you perfect advices!

Good luck!
My guess is this fellow giving you advice - also has a bank account, where he has no physical possession of his money.  Be careful of idealistic hypocrites on this board.  Every last one of them either has a normal bank account, or they are living in mommies basement with no job and a lot of time to post theoretical philosophy on chatroom boards.  And yet, they are screaming in panic about you putting your bitcoin into a similar "bank account".

Look - there are NO guarantees of anything in this world.  Put your cash under your mattress, and your house may burn down and the cash with it.  Bury your gold and someone might find it, or even kidnap and torture its location out of you.  Buy bitcoin and put it in an Exchange, a dark wallet, or a paper wallet - and it could still go to Zero. ...or their could be a manipulative control grab hard fork that ended up with your bitcoin being unusable.  Keep it in a fiat bank and a "bank holiday" could freeze your monies, locked away while you helplessly watch it devalue.

As far as a Currency/Financial meltdown - I think that is actually a reason TO put your money in an established bitcoin exchange.  I AGREE that their may be runs on banks, fiat currency destruction, etc.  But people will be running FROM Fiat - and TO Bitcoin.  When this mass migration occurs - I assure you that a bunch of web based tech weenies thumping their chests on bitcointalk won't be the one's making the decisions.  BILLION$ of Dollars are going into the preparations for this financial shift. 

Unfortunately - Fiat runs the world.  That isn't going to change.  It'll just be Fiat Bitcoin, or Fiat Fedcoin, or something else.  But as I said.... diversify.  A little Gold, A little in Dark Wallets - but the bulk of your living expenses / operating Bitcoin - into a Bitcoin Bank - and those are exchanges like Coinbase and Circle.

This is so, so accurate. And for those that don't know, cash doesn't exist in its entirety. The entire U.S. (maybe world?) banking system works off around a 15% reserve (meaning 85% of the money we "have" is only available in digital form). So not only are you entrusting someone else to hold your money, but even the physical dollars you hold only have theoretical value.
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