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5261  Economy / Service Discussion / Re: wordpress removes bitcoin payment option on: February 23, 2015, 05:30:23 PM
I don't understand how having the option to pay in bitcoin will do them any harm. Sometimes when I pay for things I see plenty of methods to choose from which I've never heard of but usually just go for the PayPal option (uggh). I would love to pay with bitcoin but PP is the easiest thing currently but now people wont even have the option to pay in btc and will likely lose them business from bitcoiners.

It is simple psychology - if you have 100 options for a meal then the average person is going to take a longer longer to decide then if you have say 2 options.

Each second of indecision is likely to be a "lost sale" (i.e. moved on to another website).


Agree, but if 'distraction' was the reason, it would make much more sense to 'hide' bitcoin payment option, instead of removing it completely (unless they had absolutely no BTC sales). This way someone who is keen on paying in BTC would still have this option, and the rest won't be distracted.

Mozilla had such problem with their Bitcoin donation button, it's presence simply reduced the overall donation amount. Sounds strange at first but makes sense after reading analysis + explanation here:

https://fundraising.mozilla.org/bitcoin-donations-to-mozilla-17-days-in/
5262  Economy / Exchanges / Re: [ANN] BIT-X.com | Exchange BTC, LTC, USD, EUR, GBP | Instantly Mine & Trade GH/s on: February 23, 2015, 05:13:54 PM
I'm interesed this company in mining is reliable ? How many time exist this company ?

Mining seems reliable, but don't know is it profitable and what are the chances of getting ROI.

Anyway, bit-x has decent rating on Puppet's list:

"Probably legit (preliminary assessment, partnership confirmed by Bitfury)"
https://bitcointalk.org/index.php?topic=878387.0
5263  Bitcoin / Bitcoin Discussion / Re: Bitcoins hit Africa's money transfer traditions on: February 23, 2015, 05:09:13 PM

On related subject, BitPesa (Nairobi based remittance business) just raised $1.1m to expand their operations.

http://blogs.wsj.com/moneybeat/2015/02/09/bitbeat-kenyas-bitpesa-raises-1-1-million-expands-operations/
5264  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the Headlines: Bad News Fatigue on: February 23, 2015, 01:51:10 PM

Starting a thread with nothing but the link can be considered as spam.

Care to comment on the linked article, or explain why you find it interesting?
5265  Economy / Gambling / Re: SafeDice.com ★ Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: February 23, 2015, 06:57:56 AM
Do any nice banners for safedice exist yet? I can't find any. Safedice admin i think you should design some banners in the same style as your site and put them on the referral page  Cool

You can use this one:

5266  Bitcoin / Press / [2015-02-22]The Guardian: Can a Bitcoin-style virtual currency solve the Greek.. on: February 22, 2015, 09:31:10 PM
Can a Bitcoin-style virtual currency solve the Greek financial crisis?

http://www.theguardian.com/commentisfree/2015/feb/22/can-a-parallel-digital-currency-solve-the-greek-financial-crisis


Quote
There’s almost no upside to a eurocrisis. You become part of a rolling maul of politicians, journalists and economists ripping and gouging at each other, both in private and on Twitter. The only advantage of being there is that it forces you to think laterally about money. Soon – if the Greek crisis is not resolved – one of the most audacious pieces of lateral thinking ever could get a try-out: a parallel digital currency, issued by the Greek government, modelled on Bitcoin, but with a crucial difference.
...
5267  Other / Off-topic / Re: Lenovo Group has been pre-installing tracking software on their PCs on: February 22, 2015, 03:55:42 PM

Wow, that's even more fucked up.

So what's the 'cure' for this one? Use only HDD from trusted manufacturers?
5268  Economy / Speculation / Re: How does bitcoin price work? on: February 22, 2015, 11:50:40 AM
hey guys i just want to know
for example i made a FUD? will it make bitcoin price go down?

Only if you can make a proper FUD. Simple 'Bitcoin is doomed' doesn't seem to work anymore.
5269  Other / Off-topic / Re: Lenovo Group has been pre-installing tracking software on their PCs on: February 22, 2015, 11:18:57 AM
Un-fucking-believable...


Maybe couple of law suits + boycott would teach them a lesson?

Quote
Lenovo forum posts indicate that Superfish has been preinstalled on PCs since at least mid-2014. A Lenovo press release says the following laptop models may be affected:
G Series: G410, G510, G710, G40-70, G50-70, G40-30, G50-30, G40-45, G50-45
U Series: U330P, U430P, U330Touch, U430Touch, U530Touch
Y Series: Y430P, Y40-70, Y50-70
Z Series: Z40-75, Z50-75, Z40-70, Z50-70
S Series: S310, S410, S40-70, S415, S415Touch, S20-30, S20-30Touch
Flex Series: Flex2 14D, Flex2 15D, Flex2 14, Flex2 15, Flex2 14(BTM), Flex2 15(BTM), Flex 10
MIIX Series: MIIX2-8, MIIX2-10, MIIX2-11
YOGA Series: YOGA2Pro-13, YOGA2-13, YOGA2-11BTM, YOGA2-11HSW
E Series: E10-30
http://www.pcworld.com/article/2886278/how-to-remove-the-dangerous-superfish-adware-presintalled-on-lenovo-pcs.html

This could be useful:

http://www.theverge.com/2015/2/20/8079933/lenovo-superfish-removal-tool-uninstall
5270  Bitcoin / Bitcoin Discussion / Re: Dell accepting bitcoin does it make …… on: February 22, 2015, 11:07:17 AM
So now the dell is accepting bitcoin does it increase the value of bitcoin ?
International users can buy there products through bitcoins !


http://www.businessinsider.com/dell-becomes-biggest-company-to-accept-bitcoin-internationally-2015-2


It won't have any immediate impact on the price on its own (unless traders take it as a good sign and start to buy more). But wider adoption should cause the price to rise in a long term, if it comes together with increase in number of bitcoin users.
5271  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: February 21, 2015, 02:52:34 PM
What's the news on weekly payments?

Official announcement coming soon. What else would you like to see?

Lottery! Instead of rewarding top 10 posters with 0.1 each, you could do a lottery. Everyone with 200 or more qualifying posts would be included, then just draw 10 winners (or 20 @ 0.005 each?) by the end of the month (or on weekly basis).

Or better yet, every constructive post is 1 ticket...

Just an idea I came up with right now, I didn't think it through tho.
5272  Bitcoin / Bitcoin Discussion / Re: CNN Inside Man bitcoin episode review! Share your opinions! on: February 21, 2015, 01:27:46 PM
I really enjoyed it.

I expected much more negativity, but the overall picture was definitely positive. The only critic came from senator (who kind of looked like a villain), and as someone on reddit noticed:

Quote
The fun part for me was hearing him [Senator] say "It could vanish tomorrow" and "It's not going away" in nearly the same breath.

Although it would be good if the payment processors have been mentioned, and he could've clarified that it's not the usual way of buying bitcoins.


So, the fact that a lot of the footage is stage-managed really isn't all that strange.
No-one wants to see an hour of Morgan walking in and out of shops asking if they take BitCoin, while other customers stick their heads in front of the camera.

Exactly. If the piece was 100% "genuine" (live recorded) it would be simply unwatchable.
5273  Economy / Service Discussion / Re: BTER Unable to Repay Customers on: February 21, 2015, 12:59:27 PM

Will they get into jail for not paying back to customer ?


No idea how the Chinese law works in such matters. I reckon there will be some Chinese users who will report them for fraud. I'm guessing if authorities believe the hack was genuine, they might get away with it.
5274  Economy / Service Discussion / BTER Unable to Repay Customers on: February 21, 2015, 11:35:51 AM

http://www.coindesk.com/bter-unable-to-repay-customers-following-alleged-exchange-heist/

Quote
Defunct cryptocurrency exchange BTER claims it doesn't have enough funds to reimburse all its users, following an alleged seven-figure hack.

The Chinese exchange closed earlier this week, issuing a statement via its website that 7,170 BTC had disappeared from its offline wallet – around $1.75m at press time.

Speaking to CoinDesk, a BTER spokesperson claimed CNY and USD withdrawals would resume within a week. However, the company said it is still exploring different options to make all its customers whole, including selling the platform.

Any buyers?
5275  Bitcoin / Bitcoin Discussion / Re: Dell Bitcoin Payments Now Available in UK and Canada on: February 21, 2015, 10:41:11 AM
I have seen no public announcement of how much sales Dell have made, since they accepted Bitcoin as a payment method.  Huh

The fact that they expanding it into the UK / Canada regions can be one of two things :

1. The sales was poor and they want to expand it to areas where there are more income potential.
2. The sales was average and further expansion would improve sales figures.

What Bitcoin payment processors are they using? Not BitPay? 

They use Coinbase.

They're not obligated to provide any announcement re BTC sales.


5276  Economy / Service Discussion / Re: amagi metals on: February 21, 2015, 12:03:33 AM
They use Bitpay and GoCoin as processors, so they don't set the BTC price themselves.

I just made a test order and the BTC exchange rate was slightly higher (by few cents) compared to BitStamp.

Maybe OP was just unlucky with timing?

And I like their style:



AM have official thread so it's best to ask any questions directly there:

https://bitcointalk.org/index.php?topic=130831.0
5277  Bitcoin / Bitcoin Discussion / Re: Dell Bitcoin Payments Now Available in UK and Canada on: February 20, 2015, 11:44:37 PM
Finally!

Here it is (Dell.co.uk):



They use Coinbase as payment processor
5278  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: February 20, 2015, 10:45:41 PM
marco it would be nice if the bot could add final post count
after the exclude of posts

That's just your final payment amount/pay per post. It's not really necessary, unless everyone demands it.

well it would be a good feature to see
not something special but its good Smiley

It could be useful for checking the top posters and estimating your chances for the top 10.

But if it's too much hustle to implement, I wouldn't bother.
5279  Bitcoin / Bitcoin Discussion / Re: Bitcoins hit Africa's money transfer traditions on: February 20, 2015, 08:17:11 PM
How can africa adopt bitcoins if they are porn and cant afford smartphones and good computers?

Let me reply with Kprawn's post from the same topic in press board:

I have done some contract work in Africa, and people might be amazed how innovative some of these people are. Do not for one moment think that these people are illiterate idiots sitting around a fire in front of their huts... you will be VERY wrong.

Yes, they do not have cable internet and fiber optic connections to every house, but what they lack in infrastructure, they make up with innovative alternatives.

They have also dealt with digital currencies in the form of M-pesa running on cellphones... so you would feel like a idiot abroad, if they ask you cash or M-pesa and you know nothing about it.

The only difference between the UK / USA and Africa is the accessability of modern infrastructure and good education. The will to learn is there, but the investment capital to fund infrastructure lack behind.

The environment is also difficult, with many traditions and cultural differences, but in the end, we are all human. {albeit Robert Mugabe -- He might be a alien}  Wink

The introduction to Bitcoin might just be easier, than most people think, with their background with M-pesa.

5280  Bitcoin / Bitcoin Discussion / Re: And so it continues... on: February 20, 2015, 08:09:42 PM
This is going way out of hands
So many exchange's are going down and who is getting the kick of it ?
Bitcoin
These Exchange's need to learn to stay safe and keep the BTC in fucking cold wallets , safe

First of all, we didn't see any price fall due to those "hacks". Second of all, those crappy exchanges won't learn anything as they don't want to learn. They cannot compete in a long run with the serious businesses, so the only option for them is to die slowly or get "hacked".

I expect more such 'hacks' to happen (dunno how many of the shitty exchanges are left there), as there's a major pressure on every such business to improve their security.

So choose carefully where you deposit/keep your bitcoins.

There will always be some shitty exchanges , no matter how many you bring down
And why does it matter , everyone starts from bottom.
Though these hacks aren't causing any great price falls but people are loosing and also though it might not be causing dips but it is making it more volatile and hard to stable

Disagree. We had a shitload of all kinds of bitcoin businesses poping up in the initial "wild-west" period (still ongoing but coming to an end imo), simply because there was a void in the market and anyone who was quick enough did get a decent number of customers and volume.

But you can't do that anymore. There's no way you can start a successful exchange without investing serious funds and without earning customers' trust first (with proper security measures and transparency). The market is saturated and competition is fierce.

The same slowly applies to other businesses: cloud-mining, dice/casinos, alt-exchanges, or even altcoins.

So let the free market work, good will stay, bad will die.
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