Congratulations Elwar! You're the most ardent BTC's fan I know.
If there were thousands like you, price of BTC would quickly jump back above $1,000.
One little question about bitwage: are they fast? How long does it take between the moment your employer pays them and you get the money in your wallet?
It is very fast. My company sends out the payroll on Thursday and I usually get paid on Friday, but looking at my e-mail, the first check showed going through on Friday my second check showed it going through on Thursday. Some of my co-workers use USAA so they get paid on Thursday, most regular banks have always given me a delay. If you are looking for a better estimate I will pay closer attention to the time next paycheck. How do they protect themselves from fake direct deposits? or direct deposits that end up getting returned for various reasons? or do they only accept direct deposits from certain employers? From what someone else mentioned, they are working directly with the payroll companies. So it is likely that they know when the payroll company releases the money, from which company and for which employee. At the very least, when they receive the deposit they see the company that did the deposit. It does not look very easy to duplicate so they will likely not see competition soon, and it is not something that will be easy to copy in other companies unless you work in the payroll industry. |
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Price is up, next stop $100,000!!!
Calm down, cowboy. 300$ first not enough volume atm, we will be sideways for 6 month at least i think Sideways to $100k.  |
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Who initiated you into Bitcoin?
Paul Krugman, his article about Bitcoin is Evil. I thought, surely if Paul Krugman thinks something is evil...I need to get involved with that. Aha, issues with authority figures (daddy issues) => do opposite of what they say. Great lifeplan, best of luck, carry on  The only authority Paul Krugman has is about how an alien invasion is needed to save our economy. When I first heard about Bitcoin I figured it was some made up money by scammers and only gold would be a valueable currency. Then they posted Paul Krugman's article about Bitcoin is Evil on the Ron Paul forums and I figured...there might be something to this Bitcoin thing. Many others agreed. |
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Who initiated you into Bitcoin?
Paul Krugman, his article about Bitcoin is Evil. I thought, surely if Paul Krugman thinks something is evil...I need to get involved with that. |
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Price is up, next stop $100,000!!!
Calm down, cowboy. 300$ first No, I think it'll skip $300 and shoot right up.  |
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Why are you even here?
Do you not have a job?
Every time I sign in I see bull shit trolling from you.
You answered your own question. |
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Price is up, next stop $100,000!!!
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But for both of them, I did not have to pay unemployment tax, medicare, social security tax, health insurance, dental, vision, withholding, vacation time, sick days, holidays, 401k, etc.
Actually that really isn't an issue of where people come from but instead *how they are employed* which is why I created CIYAM Open (to try and work out a completely new way to do this). Unfortunately so far I've found that the vast majority of people are simply not up to the level of being able to do a task for a fixed fee (instead they always prefer to be paid for "time"). True, it is just a matter of structure. I just always found that people in other countries charge a lot less than Americans. And that is speaking as an American software engineer. Nobody would pay my salary if I was competing as an independent contractor in the private sector. |
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The best business model for a software company involves hiring private contractors from other countries that do the work for 1/10th the cost and do not come with all of the labor costs that come with having a US based business.
Although I come from Australia I can tell you that is a terrible idea. Having lived in China for now over 8 years I can tell you it is virtually impossible to find any software engineers that have the same sort of creative skills that are available in most western countries (to understand why is to understand the Chinese education system and in particular the Chinese written language which is its core). As software engineering usually requires quite a lot of creativity if you decide to employ people with very little of that then your business won't do very well at all (how well other "cheap contractors" compare is something perhaps others can comment upon). Oddly enough, I hired a guy from Australia to work on my website. Also someone from India. It is true about the creativity. The Australian guy did what I wanted him to do and added his own flare which was "better" than what I asked for. The Indian guy gave me -exactly- what I asked for, no more no less. But for both of them, I did not have to pay unemployment tax, medicare, social security tax, health insurance, dental, vision, withholding, vacation time, sick days, holidays, 401k, etc. |
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The best business model for a software company involves hiring private contractors from other countries that do the work for 1/10th the cost and do not come with all of the labor costs that come with having a US based business.
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http://www.inc.com/adam-bluestein/obamacare-guide-2015-small-business.html"After multiple delays, the Obamacare employer mandate will finally take effect on January 1, 2015." Businesses that have 25 or fewer full-time equivalent employees, pay average annual wages below $50,000, and cover at least half of the premium cost for employee's health insurance can qualify for a tax credit of up to 50 percent of employer-paid premiums. Blue Cross Blue Shield and other insurers have stopped allowing businesses to renew policies that aren't compliant with ObamaCare. In their place, they're offering plans with 14% to 45% rate increases Kaiser Permanente already has sent cancellation letters to employers, explaining that their existing plans don't offer ObamaCare's richer benefits and therefore are no longer available
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As a an actual bitcoin user, I don't see it.
Translation: "As a permabull bitcoiner, I am rambling about bitcoin becoming mainstream and getting rick quick, but at the same time I am ignoring/not talking about its limitations that make it impossible for that to happen"  haha, very funny! I have noticed a lot of people that do not actually use Bitcoin, complaining about its "shortcomings". I wish that damned Yeun was not so big, it doesn't fit in my pocket and when it gets wet it erases all of the numbers. Is this why it is going down vs the dollar? |
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Time to bring up my CPU miner.
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Everyone seems to know why the price is coming down.
Transaction times eh? You see a lot of complaints by the users do you?
As a an actual bitcoin user, I don't see it.
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Please tell me why you invest still?
I don't invest, I convert. |
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One word:
Obamacare
suck it small businesses
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Good news! Faysal just called me from Antarctica. He said that he would reach the South Pole tomorrow or the day after. I expect him to be able to complete a transaction then. His expedition can be followed here: www.faysal-hanneche.com/blog-transantarctic/ **Use Google Translate if you do not speak French** SHA256 of address to receive bitcoins from South Pole: b3e4066f3b1ccd87cc1089cd83793d7db7658e849a7f4f43d137d93ec42d509f I would be worried about falling off the bottom of the world. Or getting dizzy from the spinning. |
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