I don't think there are many ladies using bitcoins, most bitcoin users are men. This idea is nice to allow bitcoin payments, but it won't be a big success as most population in the world don't use bitcoins and people buying fashion items principally. Most bitcoin users are from poor countries and don't have much interest or money yet to buy fashion items. But your idea is nice and innovative, in the future many persons will be glad to your choice to implement this payment method.
Those are some pretty huge generalizations that you're making, not saying that you're wrong, just that if you're stating such things you should be backing it up by statistics.
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id say have a few items. like a couple standard food items internationally recognised that dont fluctuate in price much.
a couple electronic items.. eg iphone is more popular than your microwave idea..
maybe car fuel or even when bitcoin creeps up in price.. a car itself
I'm surprised that you haven't mentioned Big Macs for price comparision (Big Mac Index -> https://en.wikipedia.org/wiki/Big_Mac_Index). The site itself looks pretty good, although I'm not sure if it's a good idea to have that moving background.
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I would say that if you could implement this at a low cost, why not try it? (I know that you've already implemented it, but this is what I would say to shops that haven't) Perhaps you'll get some new customers that will use your shop just because you offer Bitcoin payments. I know that I've personally bought certain things that I normally wouldn't have, just because the shop in question accepted Bitcoin. (Shoutout to BeesBrothers)
As to offering Bitcoin payments devalueing your brand, I do not see why it would. It's just another payment option, so you're offering a better service to your customers.
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Did anyone bet on this? Haven't watched the whole inauguration, only parts of it and didn't hear any mention of 'fake news'. On a side note: How do they even calculate the odds of something like this?
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Better to just hold it instead of burning the coins even if the value goes to zero. We might come up with something better to do with those coins, who knows. By the way how do we burn our coins? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Yeah I would hold them too, in case something else happens, or just as a memory if nothing does. You can burn your coins by sending them to burner addresses.
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Hey guys, thanks for all the advice. I've decided that I'm not going to let this keep me down. I'm going to look for ways to make more money than ever and I believe I have found a way. I am going to PUBLICALLY set a goal. I will aim to reach BTC100 by the end of 2017, that is my "new year resolution." This will be done with NO gambling. I'm going to move my tiny mind into better, safer, opportunities with slower but more STABLE profit. If anyone is interested in my plan, feel free to pm me. I may be willing to give you some advice ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I hope you can keep it up, anyway, it's good that you've made the decision not to gamble anymore. And I really hope that you can keep that promise to yourself, but if you can't, go and seek professional help because gambling addiction is nearly impossible to defeat on your own. One last piece of advice, DO NOT START GAMBLING AGAIN, even with smaller amounts, it's a very slippery slope.
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It's a pretty good idea, but I personally wouldn't use it, just because it seems somewhat dangerous to meet with complete strangers to do money/bitcoin transfers. But I'm sure that it could work since LocalBitcoins is also pretty popular.
For cash, meeting up in person would be required. However, if it's card/bank transfer <-> crypto, then it's possible that they will not need to meet in person. Restrictions will probably be placed though with regards to geographic location to further reduce the amount of KYC/AML required as international transactions usually require more. Oh yeah sorry, I understood it wrong then Yeah if it's possible to have a non personal transaction, then I would definitely use this kind of service if needed.
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I have yet to see any anti-cheat system to detect computer assisted play. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ... The only way this might work, would be to force speed chess. This way the user will be penalized, while he inputs his opponents moves on a electronic device and waiting for the computer to make the moves for him. People find ingenious solutions to cheat, so a smaller prize pot, would reduce the incentive to cheat. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I though that for example Pokerstars had a pretty good system for detecting bots, so why couldn't something like this work for online chess? Would anyone be interested in a competitive chess website with payout being in BTC for wins?
Lol, seems like some sort of useless idea. Answer please (better to yourself) who will give this btc for players? You, or some sponsor? Or maybe it will be money from pool of other players, like in some championships? And maybe it will be more easier to be payed in cash? And what your interest in it? Casinos making their money of taking it from their players. I mean, that i love chess but it's seems useless. Better to use some ordinary chess sites. People, who really love chess playing for fun and impovement their skills and mind, not for money. Why is this a useless idea? I'm sure there would be quite a lot of people interested if cheating could be prevented. It's similar to poker and some of the problems are also similar (bots being used), so it seems like something that could be done. You will probably not be able to prevent cheating 100% of the time, but enough to make most of the experience fair. I mean, who will play on that site? Who will pay for games? What kind of interest developer of that project have? That's the main questions that i have. People who love chess and don't know nothing about cryptocurrency (85-90 % of polulation on the Earth) will use ordinary chess sites like https://chess24.com/en/play/ (first link that i've got in Google). Or some others sites, where you can be paid for a winning (and it's easier, because you're getting your money in fiat. BTC is excess element in that chain) I would guess that even in the Bitcoin world, there are people who are interested in playing chess for money. Granted, it would probably be a niche market, but it doesn't mean that it can't be profitable.
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Another reason why Bitcoin change more than traditional currencies is due to it's preceived store value. Bitcoin has properties that maybe similar to gold. Since the developer of the core technology limit the production to a fixed amount of 21 million and differs to fiat currency which is managed by government to maintain low inflation,as economies built with fiat currencies show signs or weaknees and Investors may invest more or less into bitcoin.
I think so. because of the limitation of bitcoin, it makes the price does not stable. so when there are a lots of demands and people buy and sell using bitcoin, the price will increase and so the opposite. while traditional currency is probably controlled by a community, but bitcoin is controlled by bitcoin users. Bitcoin has very less number of users as compared to FIAT. Also Bitcoin does not adhere to geographical boundaries. What this means is the government as no control over it and they cannot manipulate prices as they do in case of FIAT. Because of all these factors and many others, bitcoin price can never be same and stable. If Bitcoin had the same number of users as fiat, then the price would actually be somewhat more stable. So don't say that Bitcoin can never be stable, it's simply not true.
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I've read pretty much every reply on this thread and I'm pretty sure that no-one has suggested adding Starcraft 2. (sorry if I missed a reply) Would this be something that's possible? I mean, it might not be the most popular, but it still has a very decent sized fan-base.
I'm not even sure if there currently are any Bitcoin sportsbetting sites that offer SC2, so it might be a pretty profitable niche.
I can put it on the to do list. Although, it won't be added until someone volunteers to give out betting tips and write about news or the website income allows me to hire someone. Either way, it will be sitting on the to do list for awhile. Nitrogen Sports has SC2 action if you're looking to bet on it. Thanks for adding it, I hope you'll find some volunteers. I'd be up for writing some news, but wouldn't feel comfortable giving out betting tips.
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Personal computers were invented in 70s and Internet in 90s. Can we put blockchains to the list of the greatest innovation of Technology which was innovated in recent years? What do you think?
Blockchain is indeed a great innovation, but what I don't like is how some are trying to make it seem like that is the only good thing of bitcoin and they try to only take that part out of it, bitcoin in itself is even greater than the blockchain in my opinion but they don't want to recognize it out of fear. I'm not sure if I would agree with that, at least not when you know that Bitcoin hasn't really risen to it's full potential. Over the next couple of years it's possible that it could be replaced by an alternate crypto-currency. The blockchain is the foundation on which Bitcoin is built, so I don't see how Bitcoin could be greater than the blockchain? In some sense, Bitcoin IS the blockchain.
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Tough choice, I'm stuck between saying either slots, dice or roulette :p I think I'd go with slots, just because I like playing when there's a big progressive jackpot involved, which is something you don't see other with those other games.
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I've read pretty much every reply on this thread and I'm pretty sure that no-one has suggested adding Starcraft 2. (sorry if I missed a reply) Would this be something that's possible? I mean, it might not be the most popular, but it still has a very decent sized fan-base.
I'm not even sure if there currently are any Bitcoin sportsbetting sites that offer SC2, so it might be a pretty profitable niche.
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Then it will not be a problem to gamble if money will not be a problem. You can see a number of rich gamblers in casinos they have their income sources as their business but they still gamble with some of their money and they gamble for their fun.
I would personally be scared to get addicted when I'd have a huge amount of money. What kind of win would really make you feel like you've won? Seems like a recipe for addiction IMO.
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Hey,
I am going start doing some tests on the bot. Bot will be ready soon probably, what you guys think the price should be for each copy?
Regards
You'd need to give out some test copies first to trusted members and after that you could perhaps run a poll to determine a correct price? I'm not too familiar with the CSGO key market, so I'd have no idea what kind of profits could be made in, say, 1 day.
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Would anyone be interested in a competitive chess website with payout being in BTC for wins?
Lol, seems like some sort of useless idea. Answer please (better to yourself) who will give this btc for players? You, or some sponsor? Or maybe it will be money from pool of other players, like in some championships? And maybe it will be more easier to be payed in cash? And what your interest in it? Casinos making their money of taking it from their players. I mean, that i love chess but it's seems useless. Better to use some ordinary chess sites. People, who really love chess playing for fun and impovement their skills and mind, not for money. Why is this a useless idea? I'm sure there would be quite a lot of people interested if cheating could be prevented. It's similar to poker and some of the problems are also similar (bots being used), so it seems like something that could be done. You will probably not be able to prevent cheating 100% of the time, but enough to make most of the experience fair.
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so what's the minimal amount to invest and get about 5$ per day ?!
In case of Crypto games, you can start investing from 0.01 BTC and you'd earn around 0.00001 BTC per pay, if you're lucky. It might be better to save up a bit more and invest when you have a decent amount, like 1 or 2 Bitcoins
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What is the legal loophole they use? In my country I can always buy Bitcoin instantly through Bitcoinic.nl (for Belgium and Netherlands), paying with my mobile banking app. Aside from that I've used Virwox quite a lot in the past for buying Bitcoin with Paypal or Paysafecard, but their fees are just too high to make frequent use of it, like you probably know already :p They also need to verify your account for 48 hours or so when first buying Bitcoin with Paypal, if I remember correctly. So not instant the first time
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