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3741  Bitcoin / Bitcoin Discussion / Re: What is the reason behind the surge of merchants accepting Bitcoin in 2014? on: March 27, 2015, 12:02:15 AM
Merchants just want more sales. If BTC can bring more business, it's good. Besides, I guess it's quite fashionable too, and it doesn't cost much to implement, so let's do it.



I would have to disagree. The companies mentioned above that began to take Bitcoin as payment probably had no interest in Bitcoin themselves nor did they particularly care about increasing their sales through the currency. Many of their customers I'm sure do not use Bitcoin as a payment option because paying in fiat is just as easy as paying in Bitcoin to major, secure, retailers. It probably did end up costing them some money to cut a deal with Bitpay or whoever their 3rd party exchange was. They may take a percentage of each sale, or something kind of fee. The reason I see many companies taking Bitcoin is for fraud. With Bitcoin, a company can't be held liable for fraud or chargebacks as often paying with fiat. That, or maybe it was a domino effect after Overstock.com started to accept Bitcoin.

For fraud? Are you serious? Do you really believe companies like Microsoft or Dell are trying to hide a few sales? If they do, they would be hugely stupid.

Hide what? I'm saying using Bitcoin would reduce the chance of fraud because it's an easy system to use. I can't see Bitcoin increasing their sales hugely because anyone who was going to buy something through the company was probably going to do so before Bitcoin was ever implemented. Reading on Dell's website, they said they started to accept Bitcoin due to few processing charges. Fraud may or may not be included in their reason for accepting it, but of course that would never be told to its customers.

http://www.dell.com/learn/us/en/uscorp1/campaigns/bitcoin-marketing
3742  Bitcoin / Bitcoin Discussion / Re: What is the reason behind the surge of merchants accepting Bitcoin in 2014? on: March 26, 2015, 09:23:55 PM
I would have to disagree. The companies mentioned above that began to take Bitcoin as payment probably had no interest in Bitcoin themselves nor did they particularly care about increasing their sales through the currency. Many of their customers I'm sure do not use Bitcoin as a payment option because paying in fiat is just as easy as paying in Bitcoin to major, secure, retailers. It probably did end up costing them some money to cut a deal with Bitpay or whoever their 3rd party exchange was. They may take a percentage of each sale, or something kind of fee. The reason I see many companies taking Bitcoin is for fraud. With Bitcoin, a company can't be held liable for fraud or chargebacks as often paying with fiat. That, or maybe it was a domino effect after Overstock.com started to accept Bitcoin.

Not true. The CEO of Overstock has millions invested into BTC.

http://www.forbes.com/sites/kashmirhill/2014/02/21/for-overstock-ceo-bitcoin-isnt-just-a-publicity-stunt/

Don't forget that paying in fiat online usually involves a credit/debit card. Visa/American express/exc charge fees everytime their card is used. Depending on which fee is greater, bitpay may be a cheaper option than accepting cards.

I can see Overstock having a huge part in Bitcoin as they were the first company to start taking it that's mainstream. Should have specified. I can only assume the other companies that followed didn't have an interest in BTC. Could be wrong though.
3743  Other / Politics & Society / Re: North Korea created Bitcoin to be able to maintain power? on: March 26, 2015, 02:37:15 AM
This is coming from not watching the video as it is utter garbage.....

Generally speaking, North Korea has absolutely no power at all. If, supposively, they did create Bitcoin, North Korea still would be absolutely no where as they are literally a decade or so behind current technology. Whether they want to control economical aspects of the world through Bitcoin or not, in an under developed country like North Korea, they'll get no where.

More of my rant on N. Korea and the joke they've created.
https://bitcointalk.org/index.php?topic=1001357.0

yes, they are what I like to call a Hermit Kingdom, totalitarian state of mind, but you say they have no access to technology? Decades behind, so are their brains just not polymorphic as you and I. OR is it because the sanction put down by the Zionist Jewish lead global NWO causing this country to be negatively impacted due to these sanctions and other terms. North Korea just wants to keep its culture and way of life just as any other country. Just because they will not commit and let privatized banking infiltrate their country and economy they are suddenly evil! I love America but do not get mistaken when thinking of other countries cultures and how the 'American' way of life can be negatively affecting the differentiations in ways of living.

I see what you are saying, but, there is nothing wrong with technology invading their country. It would be in fact a good thing. Preserving a way of life is silly for North Korea. Technology can allow a spread of culture, not only destroy it. They are really about totalitarianism. Wanting to control all aspects of the lives of its citizens. Not surprising that they do not want anything new to enter within its borders.
3744  Bitcoin / Bitcoin Discussion / Re: What is the reason behind the surge of merchants accepting Bitcoin in 2014? on: March 26, 2015, 01:57:58 AM
Merchants just want more sales. If BTC can bring more business, it's good. Besides, I guess it's quite fashionable too, and it doesn't cost much to implement, so let's do it.



I would have to disagree. The companies mentioned above that began to take Bitcoin as payment probably had no interest in Bitcoin themselves nor did they particularly care about increasing their sales through the currency. Many of their customers I'm sure do not use Bitcoin as a payment option because paying in fiat is just as easy as paying in Bitcoin to major, secure, retailers. It probably did end up costing them some money to cut a deal with Bitpay or whoever their 3rd party exchange was. They may take a percentage of each sale, or something kind of fee. The reason I see many companies taking Bitcoin is for fraud. With Bitcoin, a company can't be held liable for fraud or chargebacks as often paying with fiat. That, or maybe it was a domino effect after Overstock.com started to accept Bitcoin.
3745  Other / Politics & Society / Re: North Korea created Bitcoin to be able to maintain power? on: March 25, 2015, 12:19:13 AM
This is coming from not watching the video as it is utter garbage.....

Generally speaking, North Korea has absolutely no power at all. If, supposively, they did create Bitcoin, North Korea still would be absolutely no where as they are literally a decade or so behind current technology. Whether they want to control economical aspects of the world through Bitcoin or not, in an under developed country like North Korea, they'll get no where.

More of my rant on N. Korea and the joke they've created.
https://bitcointalk.org/index.php?topic=1001357.0
3746  Economy / Digital goods / Re: How much a Bitcoin account worth on: March 25, 2015, 12:09:18 AM
I would not price Hero accounts at a max 1.2 BTC. In my opinion, that is rather high. 1 Bitcoin max is what I would pay for one if I were to purchase. The ROI you could achieve with a Hero account is high, but to do it without spamming profusely takes some time. They often stay unsold for quite a while too. Sr. member accounts are probably the most valuable and most needed in the current market for purposes of Signature campaigns. They are affordable, and receive reasonable rates for signature deals. The rates paid for Sr. accounts compared to Hero's are miniscule which don't really Hero accounts a good investment.
3747  Other / Politics & Society / Re: N.Korea claims to use nukes at any time on: March 24, 2015, 02:52:43 AM
http://rt.com/uk/242593-north-korea-ambassador-war/

I guess we are entering the era of Nuclear war. Oh no, my country is gonna be a casualty if this happens.

Great.  N Korea will shoot at the US over the poles.  Their missiles will screw up and land in Canada.  Sad

Can their missiles reach that far? I think that if war starts and they use nuclear weapons, they will shoot them at south Korea.

@ajareselde even if they are quickly destroyed it's already bad if only one missile is fired and hits a city.
And are anti missile systems good enough to stop these missiles? I don't think they are very effective yet. : /

They'd like to hope their missiles could reach that far, but I'm not as optimistic.

North Korea always tries to act like the big dog. They try to input fear and intimidation into leading world leaders because they know we think they're nothing but a bunch of hot tempered children. Nuclear warfare threats is the only way they're possibly able to retaliate. Clearly, the western world and other developed countries know the true side of North Korea. The one Kim Jong Un doesn't want the world to see. It'll be interesting to see what North Korea will say about its Nukes in upcoming years. Surely the technology they have will increase to the point where it might become a small threat; however, they're pretty much decades behind present times.
3748  Other / Meta / Re: Ban all the signature campaign on: March 22, 2015, 10:38:38 PM
If you have a problem with someone posting 30-40 times a day, report it if you believe the quality of the posts are low and spam like. There are some campaigns that run at a very high standards that do not tolerate spam posts, account famers, ect, specifically Luckybit. I'm sure there are others. The problem I see is pay per post campaigns that do not have a set monthly pay rate. Usually those warrant the more low quality posts. It's really up to campaign managers to moderate that. The forum moderators can only do so much to deal with the spammers, but I see the campaigns can cut out the problem at its source by enforcing strict posting rules and a monthly pay rate.
3749  Economy / Digital goods / Re: [WTS] Xbox Live 12 Months (EU) on: March 21, 2015, 01:32:29 PM
Xbox LIVE codes are not region locked, meaning they are able to be redeemed anywhere in the world. The region lock only applies to Xbox Live currency.
3750  Economy / Trading Discussion / Re: Why Bitcoins are so expensive on Ebay? on: March 21, 2015, 10:41:47 AM
It's often easy to make money selling Bitcoin on Ebay. What sellers do to fight chargebacks is ship a US Penny with a tracking number to the buyer. This will often discourage chargebacks and allow sellers to sell at twice or even three times the rate. People who buy Bitcoin on Ebay are really looking to purchase it with PayPal. Since Ebay and PayPal go together, it's basically the first place buyers will look. Any new buyer will think Ebay is convenient and easy PayPal conversion, so sellers are able to take advantage of this fact.
3751  Other / Meta / Re: Request to restrict newbies to post in Marketplace on: March 20, 2015, 05:10:07 PM
I don't believe this is fair to be perfectly honest. Yes, while newbies tend to scam way more than any other type of member, you're basically referring to all newbies as scammers based on an unfair generalization. I do believe there should be newbie restrictions, but marketplaces should be fair game to all. Most scam threads tend to be spotted anyways so the problem isn't too large imo.
3752  Economy / Economics / Re: What do you guess about he future of bitcoin? on: March 20, 2015, 03:23:01 AM
I don't expect it to Sky Rocket for a while. Due to its instability, it won't be hitting mainstream for a long while. As more people discover bitcoin though, it will definately increase the price a bit as it's more well known. For it to reach its peak again is unlikely imo.
3753  Bitcoin / Bitcoin Discussion / Re: You can buy Bitcoin in Austria at nearly every corner on: March 19, 2015, 07:50:03 AM
Wow, in a country like that I would have never expected a concept of Bitcoin to take off to the point where you can purchase BTC that easily. The US should follow. Vancouver, I believe, has a Bitcoin ATM, and in the US I think one exists as well. Not as easy, clearly.
3754  Economy / Services / Re: ➫ ➬ Lucky Bit Signature Campaign ★ Earn up to 0.125BTC every month ★ Open Now! on: March 18, 2015, 02:08:25 AM
Thank you for payment!

Registering again.

Username: Gyfts
Posts: 645
Address: 19K5AGmw1ePReNfWSCtkFvipK1FgT2NLwm
http://luckyb.it/check?txin=01415993a21b32399deb7317cbeadd7692418c0abd9ed5f8d6f04d48adc2ba50:0
3755  Economy / Economics / Re: Is bitcoin dead? on: March 17, 2015, 02:41:04 AM
Simple answer: NO, or not yet
The year 2015 has been very rough for bitcoins. From a price of $314 per coin on New Year’s Day it slumped 43 per cent to a low of $177.
Mt. Gox, the world's largest bitcoin exchange, suddenly announced that hundreds of millions of dollars worth of bitcoins were stolen last month. This isn't the only one. But I believe in the future bitcoin and other cryptocurrency will still have a prominence and potential to "rebound" back into the economy.

That's part of the problem though. These big exchanges announcing that millions of Bitcoin are stolen is not good for the concept. What person would want to adopt the currency knowing that a corporation can be taken down by hackers?
3756  Economy / Invites & Accounts / Re: Account for Rent on: March 11, 2015, 12:44:48 AM
Who is responsible if the person were to scam a user out of an amount greater than .3 BTC? Or take a loan out? Or even sell the account? These type of things should probably be discussed prior to any deals being done. Good luck.

If the account is sold then ill keep the deposit.
About scamming or taking loans u are right!
So the person who Rent the account should have a messege in the pm signature that says Account Rented


I believe this is the correct thing to do as well. If I were you, I would have the bio put as "Account Under Rent". If the renter changes this text at any period during the rent time, the security deposited should be voided.
3757  Economy / Invites & Accounts / Re: Account for Rent on: March 11, 2015, 12:30:29 AM
Who is responsible if the person were to scam a user out of an amount greater than .3 BTC? Or take a loan out? Or even sell the account? These type of things should probably be discussed prior to any deals being done. Good luck.
3758  Economy / Services / Re: NBA Fixed games on: March 08, 2015, 01:00:34 AM
So you give only 2.00 odd. I don't call that fixed match. It's very possible to predict.

The game is controlled to Phoenix covers, most NBA games are fixed control

If you are able call these games that are rigged, why make money here? Could you not be making thousands elsewhere on sports betting platforms?
3759  Economy / Speculation / Re: Do you think Buffett was right? on: March 06, 2015, 08:46:06 AM
Really poor analogy. You can not compare Bitcoin to checks.

Not in this case, but the check analogy and postage is good when it comes to transaction fees. Postage should be related to the number of checks you place in the envelope, not the value of the checks. Similarly the transaction fees should be related to the number of bytes you transaction takes up and not the value of the transaction.

Speaking of Buffett, he may be a good investor but he himself admits there are a lot of things in the financial world that he doesn't understand. He's not even a good trader. I've owned Berkshire Hathaway A for almost 20 years (bought 1 share in the 90's when is was only $80K) and it has done well, but it certainly has not been my best performing investment,


I do agree for the transaction fee's. Correlates pretty much perfectly. When referring to a check, though, what I believe he is undermining is the fact that a bank provides the piece of paper with value. With Bitcoin, you don't have anything to determine it's value. To your point about Warren Buffett, that's pretty much true. I see him as being extremely lucky to be in the position he's in. Not sure about his intellect, but he got to his net worth somehow. Probably just making the right decisions at the right times and using his wealth to reinvest. Not all entirely too sure on what Buffett did exactly but that seems to be the pattern for all wealthy people worth billions.
3760  Economy / Speculation / Re: Fair Price of Bitcoin: $518? on: March 06, 2015, 08:36:58 AM
To put things straight, you are comparing a formula to Bitcoin's price? I don't think it's fair to determine the price of one Bitcoin. We all can argue back and forth about what the price of a Bitcoin "should be", but you can not pinpoint it based on miners. Personally, I do agree the price of a Bitcoin is below what it "should be", (or maybe what I want it to be), but, a formula is not something that can value Bitcoin. Reading the wikipedia article, the formula derives from predicting stock values, so I could see why someone would cross over to BTC.
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