What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?
I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?
cheers
Not many people use Dash. Take a look at this: https://bitinfocharts.com/In terms of transactions in the last 24 hours (which is what businesses should be focusing on, as it shows people actually sending or receiving coins). bitcoin is top, followed by Ether, Doge and litecoin. Dash has a pathetic 1,310 transactions in the last 24 hours - no-one is using it for much. So, yes, include alts, but focus on the alts that people are actually using. |
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Reddit - both the r/bitcoin and r/btc subs, plus the r/bitcoinmarkets. r/bitcoinmarkets is superior to bitcointalk when it comes to discussing market movements. On here you get cheerleaders, but on there, actual focus on the trading (up or down).
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Florida is so shit in terms of civil rights, just like Texas.
Why do you want to mention civil rights in this topic? The attacker was an Afghan Muslim, and the majority of the victims were white. Now what this has to do with civil rights? What is the relation between civil rights and ISIS (which claimed the responsibility for the attack a few hours ago)? Race was not a major factor here. Civil rights are about rights for LGBT people too - interesting that you assumed it was purely about race. Some of the victims were black. Note also how some of the Christian groups have been cheering these deaths. Also, the attacker was born in the USA - American born people getting access to guns and going on shoot-outs, where have we seen this movie before? |
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Maybe we're surrounded by super willies? Not that I really care all that much. Original Willy was fun while it lasted.
Who needs Willies while we have super sized Chinese exchanges with huge stakes in the mining industry. They will drive the price up to benefit their mining operations.  Agree with you, they just drive up for their own benefit. I think they have lots of BTC they just try to increase price and sell when the price reach their target. Well I can say "For every action, there is an equal and opposite reaction." by Newton. So, guys prepare for opposite reaction  Yeah. It is looking decidedly toppy. Are any retail buyers buying at these prices? |
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This time it's different!
Had to say it. 😂
There are a couple of differences - short selling exists now, which didn't then. And back then it was making new highs for the first time - this time round, there will be people who bought at those highs and then painfully held on hoping the price would go back up. They'll sell for small profits just to relieve the anxiety they have been feeling for the last two years. |
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Remember guys that there are loads of people who bought at $600+ in 2014 who have been holding waiting for the price to go back up. Some of them will sell, just saying...
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Btw what will you people do in the case of no brexit?
Start agitating for another referendum? Have a neverendum till we leave? |
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The international payments processor PayPal has filed a patent application with the United States Patent and Trademark Office (USPTO) for a payment device that will be able to process cryptocurrencies including Bitcoin, Litecoin, and Dogecoin. source: https://cointelegraph.com/news/paypal-files-patent-for-bitcoin-payment-deviceseems like we will soon see paypal accepting deposit via bitcoin. I think it is imperative for Paypal's future existence that they innovate now. However I think in the long term they will have to say farewell to their once so profitable money transfer business: If bitcoin becomes a dominant currency, there won't be much need for a currency conversion service. Everything will be available for Bitcoin, without the need for any fiat conversion. Such conversions only add costs and complexity compared to a direct Bitcoin transaction, hence it is highly unlikely that conversions will remain in use as overall Bitcoin acceptance is increasing. Although - judging by their buying behavior - today's investors seem to think differently, I think that eBay as an auction service has better future prospects than Paypal as a payment service. But even eBay needs to innovate fast and drive costs down, as they will have p2p selling platforms like OpenBazaar closing in on their heels. ya.ya.yo! It is a hundred years away from that. Bitcoin struggles to managed 240,000 transactions a day - it wont manage the billions that actually take place all over the world in fiat. I think BTC will end up as an asset, a store of value. And maybe doge will be the currency for everyday use. |
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Perhaps, but this is unlikely, because the Bitcoin is the first cryptocurrency, and has large market shares.
But it maybe that in the future a cryptocurrency without transaction fees or other replaces Bitcoin.
Being first doesn't mean anything. Britain invented the industrial revolution, but it wasn't long before other countries started copying them. MySpace invented social media but got overtaken by both Facebook and twitter. Excite got overtaken by Google. Netscape navigator got overtaken first by internet explorer and then by Chrome. Being first mover is only an advantage if you don't squander that advantage. |
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Bad Karma will get them one day.Life is long...
That's a myth - the bad guys tend to prosper... |
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Visa was charging unacceptably high fee's before, so much so that it nearby became a point that the canadian government needed to intervene.
visa agreed to lower its rates to 1.5% average across canada, obviously high fees for smaller retailers
(this is old news. related but separate from the more recent walmart decision)
but large companies have the power to negotiate extra discounts on fee's. sometimes as low as 0.5%.
but it seems walmart is not happy with the offer it is getting with Visa
which kind of goes to show. if a monolith of a business such as walmart can stop using visa for an unacceptable deal of (somewhere between 0.5%-1.5%) then bitcoin payment services such as bitpay and coinbase need to cut their fee's below 1% to atleast have any chance of these monolith companies accepting bitcoin.
for instance walmart love fiat. but even so they are willing to stop accepting a method of accepting fiat due to the fee's, even when those fee's are lower then most other retailers anyway...
so even if they started to love bitcoin. the merchant fees(using payment processors) or the exchange rate fees(independently swapping) need to be low or nothing
This, this, this. You can only charge high fees if you monopolize payment systems and the merchant has no alternative. If alternatives exist, business simply migrates to whoever charges lower fees. |
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They seem to be getting DDoSed more than other exchanges. Even Cloudflare isn't helping them. I wonder why that is
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Some examples :- Coince.com : With over than 785,633 users , they give you 3% Daily Profit and I have to say that it looks the most legit one because of the video testimonials by users and also the beautiful web design but we all know that ... If it looks too good to be true then it's probably a scam. (Long term scam) - They are so famous in MoneyMakingGroup forums.
- HashOcean : with 615,662 users receive their profit every day. I never used them myself but I can that some users are making a good profit from it. I'm not sure if they ever proved that they have actual mining equipment's or not but if I learned something during my journey in the forums .. is that we shouldn't trust a cloud mining company.
[/li] [/list] How does their business model work? How do they generate the 3% interest? Are they simple Ponzi schemes? |
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Young people have never been interested in voting. It is not till they start a family (around age 30) that they suddenly get interested in politics and the state of the nation. After that they vote faithfully. It was like that a century ago and will be like that a century hence.
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I'm profoundly saddened at the passing away of our dear muhamed ali who was a great legendary boxer.
He was truely the greatest in the world of boxing who always stuck by the rules of the game and was a fair and just boxer.
The world of boxing has become a LOT poorer with his death. When we hear of boxing undoubtedly mr Ali's name instantly strikes to our mind.
No one can replace this legend.
Rest in peace great boxer.
HOW AND WHY?..Never done nothing for me or changed my life not in any way what so ever.. Are you kidding? Mohammed Ali is the reason the draft got abolished in the USA. He took the US govt to court when they tried to draft him for Vietnam, and spent some time in jail as the case went through all the district courts - but it reached the Supreme Court which ruled that it was illegal to draft someone in peacetime (Congress had not declared war on Vietnam). Ali was freed, and shortly afterwards the US govt abolished conscription and switched to a volunteer army. So the reason you haven't been drafted to serve in Afghanistan is because Mohammed Ali won a landmark Supreme Court case. You probably owe your life to him. |
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While it's a good technical feature, it is not sufficient to have it for the coin to succeed, you should look at community, marketing, other technical features, trading history. Out of all I'd select to buy a bit of Dogecoin to represent a merge mined coin class in a diversified crypto portfolio.
Added Dogecoin to OP. It's merged with LTC, right? Yeah - and what's more the Doge price stabalised once it became merge mined, because the hashrate also stabalised. It's nice for miners to have merge mined coins - they worry less about halvenings etc as a result. Litecoin for example didn't go to the moon after it's halvening but it didn't tank either because it was still worth mining it thanks to the other coins merge mining with it. |
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@Racey
And yet Britain in the 80's was doing better than in the 1970's under IMF austerity and unburied dead! I guess if Thatcher was a witch the Labour people of the 70's must have been super-crap.
I note you keep glossing over the IMF austerity, but the 1970's experienced the biggest peacetime spending cuts Britain has ever had - they cut a staggering 5.9% of GDP. That's why Thatcher was elected and why she got re-elected twice. You might have thought "Yay, IMF austerity" but the voters were thinking "WTF, this is awful, lets get a woman to sort these idiot men out". And she did.
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