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If someone has free electricity they could still make a profit with GPUs
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This makes me wish i could teleport  |
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it should not be a pre-written text,
each user should contact the merchant with his own words.
+1 |
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People need to realise that wealth is never destroyed mearly transferred
What if i took a priceless painting and chucked it into the sun? That is simply destroying something that is assigned value, as an object it has no value |
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People might also want landlords who accept btc.
I think that people should see if their landlords are willing to accept btc. If they seem interested but aren't very tech capable, offer to help them set up their payment system. |
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That sounds like a good way to make profit and support bitcoin.
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Just print out an encrypted private key in the form of a qr code and cross the border. even if border control knew what it was, they couldn't see the public key, so they wouldn't be able to tell the value.
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Is there an armhf Debian package available for Bitcoin 0.8 (bitcoind)? I wouldn't mind running it on my Raspberry Pi around the clock.
+1 |
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You should use the average price from multiple exchanges, not just mt. Gox.
I'll make it so that the average price takes Bitstamp into account too. The current price will still be coming from Mt Gox though since that's the one that changes the fastest. Sounds great. |
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The guys who set up Burnley Savings and Loans are fantastic, I could actually drive to where they are no problem and talk to them about Bitcoin but honestly I think when it comes to businesses like this you have to take into account all the legal problems that would come with accepting Bitcoins the central banks have had an almost absolute monopoly over money for almost a century, I think Bitcoin needs to gain more 'official' support before we introduce it to the more normal people out there.
The guy on the left in the photo is supposed to be there legal person and I can guarantee you what he'll most likely say is "It sounds like a great idea but the government hasn't even said whether it's legal yet so we probably shouldn't accept them for now".
I agree that would likely be their response, but you could point out paymium as an example of how bitcoin is legal in some places. http://blog.bitinstant.com/blog/2012/12/10/the-controversy-of-bankhood.htmlAlso, they may become interested in bitcoin, and, if nothing else, the community would gain two new members who have resources and education at their disposal. |
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My tip is to meet at some sort of table and set up a camera to monitor the transaction.
For extra security, have the camera recording to some sort of remote server.
If you intend to record video or audio then as a professional courtesy you should disclose that in advance. Many trading for cash are doing so with the preference for privacy and you recording that transaction conflicts with that. Additionally, there are unintended consequences. Your camera setup will draw attention from bystanders and thus increase the risk of a potential robber seeing a wad of cash change hands -- something that might trigger that person's split-second decision to relieve you of that cash. If you are trading a larger amount of funds it makes sense that you might want to use some of the same tools that would be employed by any financial organization dealing with similar amounts. For instance, to confirm the cash contains no counterfeits involves having adequate lighting and the liberty to raise each bill to the light to inspect the security features. For a small amount that can be done inconspicuously even in a coffee shop, but try doing that from a sample of fifty bills and you'll stick out like a sore thumb. I don't know the threshold but trading a couple hundred dollars worth of coins is going to be a night and day difference from a trade involving a thousand dollars or more. Remember too the saying that you don't bring a knife to a gunfight. If you are thinking a camera will protect you from physical harm, you might be projecting too much significance with that mode of defense. Fair points. Bringing your own camera may not be necessary if you're meeting at a place with plenty of security. Places like malls have security cameras so you don't have to bring your own.  And I agree with Stephen: if you do decide to bring your own camera, make sure to okay it with the other trader before you set everything up to record. Certain jurisdictions may have privacy laws that could open you up to legal trouble, and you wouldn't want to provoke an argument with someone who values his privacy. However, I could see the mention of bringing a camera being a preventive method: like I mentioned about the public locations, a camera may cause a mugger to change his mind about the deal, preventing the crime before it happens. I wouldn't rely on it as a deterrent though. To Stephen: like I said in my original post, it would probably be easier to buy a marker that can detect false bills to bring with you. Less conspicuous than lifting large volumes of currency up to the lights and squinting at them. Great points, but i was thinking that the camera would be useful if you were in a retail location w/o cameras, like starbucks. I also assumed that you would let the other person know about the camera. To avoid drawing attention you could use some sort of low-profile camera, like a button camera. Also, if you are trading large sums of money/goods it could make sense to have another person with you that the person that you are trading with doesn't know about, who could step in and break up any conflict that might arise. |
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Why the fuck is it always these guys with 100-300 posts trying to spout out these dumb ideas to impress people. Fucking read what you just wrote.
Corrected your grammer. |
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You should use the average price from multiple exchanges, not just mt. Gox.
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can you show us a screen shot of the pm?
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Thanks.
I often see the power of a computer listed in flops, and I just wanted to get an approximate conversion measure to know how useful they would be for btc.
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Wait who is the child, You or Johnnie who ever?
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how many people do you think are out there that want to buy $50k of bitcoins?
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