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521  Bitcoin / Bitcoin Discussion / Re: I went to Meze Grill today and paid with VISA on: April 01, 2012, 01:58:38 PM
 You can't expect the world to put it's confidence in utilizing bitcoin as a currency system with a market cap of $40M... that's a yacht.

Confidence is the biggest problem, imho. I think the entity that did the most damage to that in Bitcoin was the MyBitcoin.com scam. (If i remember right, that was the payment processor for Meze Grill back then also.)

Did the members of the Bitcoin community who lost the most B to MyBitcoin even put up a bounty for the whereabouts, identity and the balls of MyBitcoin.com's owner?

Just given that, not to mention financial reasons, if i were a small merchant like Meze, for now i would stick with "the devils i know" also...  Wink
522  Bitcoin / Bitcoin Discussion / Re: I went to Meze Grill today and paid with VISA on: April 01, 2012, 01:32:45 PM
Oh, I hadn't thought of that. Go tell all the restaurants you know about the wonderful savings they can enjoy if they accept "bitcoin" instead of regular payments...

As optimistic as i am about B, for now, i have to agree with the naysayers that B is impractical at the cash register. I am in the 3rd world boonies right now, where my favorite eatery accepts only the local paper money. It's too expensive for the locals - 16USD a plate and up, but still considers it disadvantageous to accept even CC's for several reasons...

I told the young, IT-literate guy who manages it about B, its benefits to him, and things like Bit-pay. It's not appealing to him. None of his customers besides me have even heard of Bit-pay, OKpay, etcetera, not to mention Bitcoin...

The current payment processors, such as Bit-pay, charge the same as the powers that be to move payments into fiat, AND are subject to the same fiat moving restrictions due to the American-led War on Terrorism, Drugs, Iran and Whatever-Else-They-Can-Think-Of...  Cheesy

SO, EVEN where B doesn't have to compete with ANY other form of electronic payment or EVEN strong fiat paper, it's not appealing to store-front merchants...  Sad Nothing lasts forever though...  Wink

For now, i think B has much better potential with things like classifieds and auctions
523  Bitcoin / Bitcoin Discussion / Re: [Open Discussion] Centralized Bitcoin Services at Mt. Gox on: March 07, 2012, 12:52:28 AM

Testify!  Grin Some "completely decentralized currency" this is turning out to be, with MtG doing 90% of the trades, and Deepbit doing at least 1/3 of the mining.  Cheesy Cheesy Cheesy

Once Bitcoin is popular enough, it will be very convenient for whatever entity to take over MtG along with all the B that's in its wallets at any given time, under whatever pretense...

Then it will be very clear to all of us how short-sighted and stupid we were to put so many of the eggs of the golden goose in the same old centralized baskets...  Cheesy

Happy dwelling in the "completely decentralized currency" delusion! Party on!  Cheesy
 
524  Local / Español (Spanish) / Re: Trocobank.es on: March 05, 2012, 01:25:32 PM
Respecto a las comisiones, éstas suponen en realidad el precio por el uso del sistema: acceso a crédito, pertenencia a un mercado en continuo crecimiento, acceso a nuevos clientes y proveedores, medio de pago, contabilización de operaciones, etc.

¿Ya que está por acá, va a aceptar el Trocobanc la divisa Bitcoin como su comision, al lado de EUR?  Wink
525  Local / Ελληνικά (Greek) / Re: Greece on: March 03, 2012, 07:44:28 PM

...i thought some people had to have reached "the Acceptance" stage by now: Carena Bar Restaurant , Agia Efimia , Kefalonia, Greece

Has anyone tried this place?
526  Local / Ελληνικά (Greek) / Re: Greece on: February 25, 2012, 04:32:47 PM

Today's extensive BBC report on the situation in Greece prompts me to restate my question above.

It's curious that given the acute financial turmoil, talk of revolution and civil war there, there seems to be little interest in monetary alternatives such as Bitcoin among the Greeks; at least it doesn't seem to show either here or on Google Trends...  Huh
527  Economy / Trading Discussion / Re: Mark Karpeles, please liberate my money on: February 20, 2012, 03:31:53 PM
you got GOXED!

+1 What's really ______ed up about the whole scam is that MtG will allow you to DEPOSIT both fiat and Bitcoin as much as you want without any verification. It's only when you want to withdraw that you find out that "Your papers are not in order!"

It's the same old KYC dejavu of the existing A_____s Incorporated financial system all over again. With Bitcoin at MtG, one is just exchanging one kind of government approved exchange for another...

Whether or not i ever get what little i have at MtG out, i won't use it for trading again, and will recommend to everyone i know that they don't use it. The end of the MtG oligopoly in Bitcoin is long overdue...
528  Local / Новички / Re: Продажа товара за BitCoin через Интернет-магази on: February 18, 2012, 02:40:03 AM
Может быть речь идет о системе процессинговой как PayPal? С арбитражем и защитой от мошенников? На сколько мне известно - нет, но свято место пусто не бывает...
В России ещё не видел. На Западе имеется BTCrow и BitPay
529  Local / Новички / Re: Продажа товара за BitCoin через Интернет-магази on: February 18, 2012, 02:24:57 AM
2. Существуют ли торговые площадки аналогичные E-Bay работающие с BitCoin?
BitMit
530  Economy / Trading Discussion / Re: Tradehill on: January 27, 2012, 03:37:04 PM
I am now worried about gox, but if gox fails so does bitcoin...
If both the above happen Crypto X Change will still be here Goat! We are here for the long haul.
Crypto X Change

Word! So, will other new xchanges. As we say in Russia, "Свято место пусто не бывает!" "A holy place doesn't remain empty!"  Smiley

One has to keep in mind that Bitcoin started before MtG, and not the other way around. So, MtG failure will not equal Bitcoin failure...

531  Other / Beginners & Help / Re: Group buy of YubiKeys on: January 27, 2012, 12:08:58 AM
It seems I really need a YubiKey since already forgot my password  Grin
At best we're at 10 keys, while I was thought we would reach 50 easily.

Hopefully more people will join in the near future

Things like this get lost in the noise on this forum, especially here in the Newbies section...

Perhaps, there is an idea there for some kind of a group-buying business for you... Wink
532  Other / Beginners & Help / Re: Group buy of YubiKeys on: January 24, 2012, 12:50:28 PM
User #1 -\                                                          /- User #1
User #2 -| - > Product Shipper (Aka Group Buyer) -> |- User #2
User #3 -/                                                          \- User #3

Shipper would buy the products and ship them out to each user but each user's transaction would have it's own tracking address.

+1 Right. Then even an unknown newbie like the OP could be the group buyer, because he would only get the B if he ships to each user.

BTCrow would get 1% from the total, we agree on whatever percentage the group buyer gets for the work, say another 1%. The rest is shipping, which is variable for each user...
533  Other / Beginners & Help / Re: Group buy of YubiKeys on: January 23, 2012, 01:13:38 PM
Just sent him a PM.
+1
534  Other / Beginners & Help / Re: Group buy of YubiKeys on: January 22, 2012, 08:54:21 PM
Too bad their isn't a BTC Escrow with group pay.

Perhaps, if we contact the owner of BTCrow, he would facilitate a group pay, as a new feature.  Wink
535  Other / Beginners & Help / Re: Group buy of YubiKeys on: January 22, 2012, 05:22:44 PM

I am in for one, IF we use BTC Escrow as the "respected member of the community", AND pay in B.  Smiley
536  Economy / Trading Discussion / Re: Ruxum on: January 15, 2012, 10:35:52 PM
You're not missing much:

"An internal server error occurred. Please try again later."

Yes, i think they lost interest, and will not come out of "private beta". One can still log in, if one reloads the page a few times...

Unless it's a honeypot.gov, perhaps, they are just waiting for MtG to buy them out. Sad. They have some great features and potential...
537  Economy / Trading Discussion / Re: Ruxum on: January 15, 2012, 03:43:03 PM

Bump. Has anyone heard anything about when ruxum will come out of "private beta"?

538  Bitcoin / Bitcoin Discussion / Re: Increases in bitcoin prices are bad for merchants on: January 03, 2012, 08:52:52 PM
i was willing to spend much more when the price was higher, because i bought them so much lower.

I still use them whenever i can though, because i buy more of them when the rate drops.

BTW, i thought i heard in this video something about how at MtG there is some kind of a mechanism now to protect merchants against exchange fluctuation losses as well...

Bitcoins are "cash" to me. So, i am not converting them to other forms of "cash" (currency) unless i have to for some reason, because i think there is much more upside potential in them, compared to any other currency, including metal...

539  Economy / Currency exchange / Re: Bitporium.com - Get Master Card Gift Cards on: December 18, 2011, 06:28:13 PM

I am not ripping anyone off. I am a business person and a business with no profit is not a business at all. for the $50 card I pay 53.38, factor in the bit-pay fees and I make a whopping $4.88. for the $100 card I pay 105.88 and factoring in the bit-pay fees I make a huge $5.78. If that is a rip off then I am surprised.
Also the idea of Bitcoin is great but without a good exchange rate who would use it?

Also please tell me which advantage I am removing? How is greed bad? Doesn't greed lead to financial security? Ive never met a poor greedy person.

If you don't like the pricing then I guess you can go with someone else who is looking to buy into bitcoins for whatever purpose. I on the other hand am interested in turning a profit. Everyone should know that and I do not hide it. Imagine that, a business trying to turn a profit.

Well, if 8% profit is trivial for you, just make it 80%, 180%, 280%... After all, you are "a business trying to turn a profit."  Cheesy

The point is that expensive middle-men like you, bit-pay, etcetera, have descended on Bitcoin like flies on ____, and are turning it from a very low-cost payment system to a higher-cost one than already exist from the powers that be...

With such "a good exchange rate", who would use Bitcoin is indeed a great question, and one of the reasons Bitcoin isn't catching on that fast: there are too many con and ripoff artists in it...

The average person is no worse off with the existing government-backed ripoff artists, and other "devils we already know", rather than the ones we don't know...  Cool
540  Economy / Currency exchange / Re: Bitporium.com - Get Master Card Gift Cards on: December 18, 2011, 02:26:29 PM

If i understand the deal correctly after visiting your site, you are selling these cards for a fee of over 25%! Way to promote Bitcoin use!  Roll Eyes

So much of "the Bitcoin economy" is turning out to be more expensive middle-men added to already existing ones... What a joke!  Cheesy

You are erasing all of the advantages of using B for payment through simple old-fashioned quick-buck greed... For that, i won't deal with your "business" in the future either...

Happy ripping! "There is a fool born every minute" for you...  Wink


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