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381  Economy / Service Announcements / Re: Electronic Cigarettes on: July 22, 2014, 02:51:06 PM
Cigarettes kills you.  Shocked  Shocked  Shocked  Shocked  Shocked

Thanks for the bump spam, the sun also gives you cancer. Stay out of the sun.
382  Bitcoin / Bitcoin Discussion / Re: Size of public ledger? on: July 21, 2014, 09:20:57 PM
Games

From

1990s

were

less

than

1mb

in

size

and

they

were

30

hour

games

If you look around this has been answered a ton.

Here is a sum up of whats been said


It's on the back of the priority list to fix, its a known flaw, visa/mastercard have dumped billions into infrastructure. Soon 1TB hard drives will be the norm.. Dell started accepting bitcoin, whats to stop them from integrating a wallet already synced? Nothing.
383  Bitcoin / Bitcoin Discussion / Re: Avg Transaction? on: July 21, 2014, 09:13:13 PM
It doesn't really matter..



The last 10 transactions from when this screen shot was taken..

77.4 bitcoins were sent.. An average of 7.74BTC per transaction.

It's simple math




36.9 sent an average of 3.69 per transaction
384  Bitcoin / Bitcoin Discussion / Re: Bitcoins.com 5M Auction Value on: July 21, 2014, 08:58:24 PM
50K a day in ppc income makes it worth a lot

http://idomainappraisals.com/appraisals/bitcoins-com/

I'll break down the math..

250K Searches day Bitcoin related terms

35% goes towards rank #1 in google.

80k hits per day
2% click rate
4000 clicks
$.50 per click
$2,000 a day

The "Avg CPC $4.50"
Is bullshit its more like 50 cents. You may get lucky and get some high paying ads.. so say $1 every now and again.
Add some money for views.. $1000

More like $3,000 a day not $50,000

Once advertisers start banning your site because its not bringing revenue, it will be way less. 90k a month is great, now multiply this by 12 months, and you have what the site is worth.
385  Bitcoin / Bitcoin Discussion / Re: Avg Transaction? on: July 21, 2014, 08:50:24 PM
So I'm still trying to make sense of blockchain.info charts and stats

They claim 35K or so transactions a day usually of 70K average

They claim their average transaction is volume a day is 80K

So over 2 BTC per transaction

I doubt the average transaction is 1200 bucks

Anyone else having issues with the data being out from 'trust' sites

Is there a better site for volume of data

2+btc a transaction seems high



It's an average..

If you send 1 bitcoin, I send 30,000, its now an average of 15,000 per transaction.

Yeah, some wallets do move those amounts all the time.
386  Economy / Service Announcements / Re: Electronic Cigarettes on: July 21, 2014, 08:21:42 PM
those are excellent prices!

do you ship to Croatia?

how much do you charge for shipping?

Hi, I'll ship anywhere, the only thing is unless you're buying multiple items, the shipping isn't worth it.
It's about $25 for 6-10 day shipping, first class is about $15 but will probably take more like 30 days.
387  Other / Beginners & Help / Re: How easy was it to buy Bitcoin back in 2011? on: July 20, 2014, 08:10:36 PM
BitInstant was around near the end of 2011, right? That made buying Bitcoin pretty easy.

2012
388  Economy / Service Announcements / Re: Electronic Cigarettes on: July 20, 2014, 02:09:31 PM
OP, I sent you a msg through your site.

Does anyone know what's good to get for a beginner? I just need to get a battery, charger, clearomizer and e-liq, right?


389  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Made it Past the Black Market on: July 19, 2014, 04:53:05 PM
$1.2 Billion generated sales just from Silk Road around 2.5 years operation
that's a big amount of money
and now there are some 25 new marketplaces just like the Silk Road. Shocked
i'm curious how they shipped illegal drugs/ guns to the buyer/customer?


It's easy they literately don't check the mail anymore. I'm in Florida and I know a few people who buy pounds of pot out of Colorado every week. One of them funked out the post office.
390  Economy / Service Announcements / Re: Electronic Cigarettes on: July 18, 2014, 05:40:33 PM
Thanks, I plan to expand to what everyone is interested in. My customer base is old people, so they like the basics only. Most B&M charge $30-35 for batteries around where I live, I'm listing for $8!
391  Bitcoin / Bitcoin Discussion / Re: question: Why aren't bitcoin merchants incentivizing bitcoin use? on: July 17, 2014, 11:36:46 PM
Specifically I am asking, why arent savings being passed down to the consumer?


Just as there gas stations incentivize people to use cash, why are merchants generally refusing use of bitcoin as a method of payment.


Every single merchant is generally insulated and guaranteed against price fluctuations of bitcoin, but yet none of them seem willing to pass these savings onto the consumer.


Why?


Even if you advertise a discount of 0.5% it becomes a legitimate talking point and tool to demonstrate real world advantages over CC, no matter how diminutive savings are, they still become tangible. This becomes especially useful when crafting arguments for utilizing bitcoin.


As an industry and early adopters, we should demand that these merchants share their reduction in cost of transactions.


Because to have a merchant account its not free to accept bitcoin. It's 1% or something with bitpay. To get a credit card processor its 1%-3% depending on what you sell. So say its 2% for middle ground (which is actually high..) someone buys something that's $10, its 2% to process it, and usually around $0.25 fee. So its only $0.50 cheaper.
What incentive is that to use bitcoin?
Credit card processors usually charge a fixed amount (~$0.25) plus a percentage (I would say that even 2% would be low, I would argue that 2% would be the lower bound, and a more realistic rate would be ~3% on average, at least, and more if you are in an industry that has a lot of chargebacks.

It's more like 1-1.5% I just talked to 20 of them this week and every one of them said they can give me the cheapest rates or they will give me $500.  Then they found out I sell ecigs, and its 3%. Which is pretty cheap.
392  Other / Meta / Re: How did TradeFortress change his name? on: July 17, 2014, 11:31:20 PM
VIPs can change their name on a whim.
Yea, it's one of the perks or being a VIP although it's considered more as a huge "thank you" from theymos.

I fixed that for you.
393  Economy / Goods / Re: [BRAND NEW] PAX by Ploom - Premium loose leaf vaporizer Cannabis 420 on: July 17, 2014, 09:03:26 PM
it's worth the $250 for the 10 year warranty. You wont get that from a chinese knockoff.

Most Chinese have a 12-18 month return for everything. Besides if you live in a place like FL, you cant exactly bring your illegal device to be replaced.
394  Other / Meta / Re: How do you Hero members of this forum feel when you look newbies! on: July 17, 2014, 07:38:52 PM
Well seeing as I'm just noticing that I'm a hero member, I guess I feel the same.
Normally newbie posts are just spam, or questions asked every single day for the past 1000 days.
395  Bitcoin / Bitcoin Discussion / Re: question: Why aren't bitcoin merchants incentivizing bitcoin use? on: July 17, 2014, 07:36:03 PM
Specifically I am asking, why arent savings being passed down to the consumer?


Just as there gas stations incentivize people to use cash, why are merchants generally refusing use of bitcoin as a method of payment.


Every single merchant is generally insulated and guaranteed against price fluctuations of bitcoin, but yet none of them seem willing to pass these savings onto the consumer.


Why?


Even if you advertise a discount of 0.5% it becomes a legitimate talking point and tool to demonstrate real world advantages over CC, no matter how diminutive savings are, they still become tangible. This becomes especially useful when crafting arguments for utilizing bitcoin.


As an industry and early adopters, we should demand that these merchants share their reduction in cost of transactions.


Because to have a merchant account its not free to accept bitcoin. It's 1% or something with bitpay. To get a credit card processor its 1%-3% depending on what you sell. So say its 2% for middle ground (which is actually high..) someone buys something that's $10, its 2% to process it, and usually around $0.25 fee. So its only $0.50 cheaper.
What incentive is that to use bitcoin?
396  Other / Beginners & Help / Re: Why has Satoshi Nakamoto disappeared??? on: July 17, 2014, 07:31:49 PM
Satoshi didn't disappear... I talk to him on a daily basis. At least 35 different days a month.
397  Economy / Goods / Re: [BRAND NEW] PAX by Ploom - Premium loose leaf vaporizer Cannabis 420 on: July 17, 2014, 07:30:45 PM
I'd be willing to grab a bunch next month if there was a way to validate the authenticity. 

I'm sure a review by farlack would help that process since he seems to have experience in e-cigs and vapes.

I think that would be a good idea. Smiley

Haha I'll gladly check it out, I have an authentic one to compare it to.

Regardless if its a clone or not $150 is a steal if its good quality. Spending the extra $100 to get "authentic" is only about bragging rights. I've talked to many people who have clone ecig parts, and some work better than the authentic.
398  Economy / Goods / Re: [BRAND NEW] Authentic PAX by Ploom - Premium loose leaf vaporizer Cannabis 420 on: July 17, 2014, 03:28:11 AM
so it looks like these are real authentic then?

These are the real deal my friends, I was gonna sell these at 199 USD, but then again just feels good to give back to the bitcoin community that has given me so much in the past. I personally have my life changed thanks to bitcoin. Cool

Sorry but I read through the thread, but these are not authentic. There are no "Fell off the truck" things... And they're not going to give a discount because the box has a ding on it. They would take the pax out of the box, and put it in a new box, not lose $150 over a scratch on the box.

Now that being said if this post isn't deleted..

I've talked to a bunch of people who had pax clones. If you have a good clone its 9/10 as good as an authentic. Save the $100 from retail and grab this one.

Hi, would you care to share why they are not authentic? Thanks. I think these are great. Made by the same factory that is making the Pax by Ploom thats being shipped to Ploom. Frankly they just make it in secret and off the book.

I guess it makes it not OFFICIAL made by Ploom, rather I am in a agreement with Maidak, going to send a sample unit to Maidak and see what he thinks about the authenticity of these.

Culex
Mainly due to the fact your price is way to cheap.  Everything in the vape world is cloned on a massive scale. I can get you these same things for $60 each. I sell Ecig things that have authentication keys that pass but are clone. The Chinese are just good at making counterfeits lol.
399  Bitcoin / Bitcoin Discussion / Re: Mtgox News on: July 16, 2014, 06:04:21 PM
If anyone out there has got gox coins, and not read the fine line of the sunlot deal then you should check out the faq on savegox.com

They have valued your bitcoins at $500 dollars each bitcoin that you hold. Is this fair. The price is gone way up.

So when this deal comes or if it does, hell knows what the trading price will really be compared to the deal
I think we are all being taken for a sunlotride (sunnylotteryride) Angry

Anybody feel the heat? Don't?
Lets turn it up

Watch this space

what was the price when gox went dork?

likely they had to set a price a few weeks back in which case 500 usd was fair

and from what i gather the sunlot deal to re-imburse the gox folk is dependent on BTC going up (if all of us who drank the kool aid are correct)

in other words you may in a few years if they legit mean this get your $$$ back in equiv USD if price of BTC goes up as us drinking kool aid folks want

Searing


The exact price when Gox went dark was $133.35

The reason I know this is because Gox still shows up on my BTC price tracker, and that is where it settled at when everything came to a screeching halt...

What ever happened to the investigation of the Bot that everyone was talking about...it's been crickets about that for awhile too.   Did that become part of the main investigation?

This was gox only price though, wasn't it? I recall seeing people trade BTC for gox btc.. at around $150 but the value was much higher.

Edit: just looked BTC was around $700 in feb.
400  Economy / Goods / Re: [BRAND NEW] Authentic PAX by Ploom - Premium loose leaf vaporizer Cannabis 420 on: July 16, 2014, 05:41:27 PM
so it looks like these are real authentic then?

These are the real deal my friends, I was gonna sell these at 199 USD, but then again just feels good to give back to the bitcoin community that has given me so much in the past. I personally have my life changed thanks to bitcoin. Cool

Sorry but I read through the thread, but these are not authentic. There are no "Fell off the truck" things... And they're not going to give a discount because the box has a ding on it. They would take the pax out of the box, and put it in a new box, not lose $150 over a scratch on the box.

Now that being said if this post isn't deleted..

I've talked to a bunch of people who had pax clones. If you have a good clone its 9/10 as good as an authentic. Save the $100 from retail and grab this one.
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