Bitcoin can get in, but the question is who will accept this failing currency against bitcoin ?
Good question, not many options on localbitcoins: https://localbitcoins.com/sell-bitcoins-online/byr/But technically speaking, you could just sell BTC for BYR and (quickly) buy some other goods, which can be stored long term. So it's still possible to make a good deal. |
|
|
|
Buying bitcoin is itself an investment and the most secure, most investments inside bitcoin are scams, btcjam has defaulted many loans so be cautious and just buy more bitcoins ANXPROThat's very shallow approach. Luckily for many is a bit more than "buy cheap, hold and sell with profit". If everyone applied that logic, bitcoin would be dead by now. Who would give a shit about the currency no one uses (everyone just hold, waiting for the right time to dump)? |
|
|
|
Hi'
Today i was searching in this forum about which site has highest paying ref commission. I found primedice about 10% and more...
Any one please tell me which site giving us highest ref commission.
10% is pretty standard for dice games. PRCdice offers you the same (up to 25% of the HE), so is SafeDice. The question is which one is easier to promote. If you're promoting within bitcoin community, getting new sign ups for primedice may be difficult, as most of the people are already familiar with them. PRCDice allows investing, and is considered the safest option to invest in the house atm (nearly 2k invested) SafeDice is new site, they're yet to earn the trust, but they offer 0.5% HE (variable), the lowest in the market. There's also FortuneJack, they pay you only on players' losses (house earnings) but you can get up to 40%, that's pretty good deal. These are the 3 I have some experience with, don't know about the other options. I would avoid promoting any suspicious cloudmining businesses, especially when their ref program sounds too good to be true. |
|
|
|
|
I can't see what would be wrong in adding bitcoin addy.
Just dress it in the nice wording, explain how would you use the funds etc.
I'm not particularly bitcoin rich, but made a few tips/donations and never felt like I was giving handout to the beggar, or anything like that. It's just a normal way of supporting a good effort.
Bitcoin didn't have a good press lately, maybe your friend is hesitant just because he thinks bitcoin is mostly used in the illegal activities and is afraid that it could cause a bad PR?
|
|
|
|
But I did research. I did attend a conference. I did seek other's opinions, at the event, and at after-parties and online. I've been called a 'troll' for disagreeing.
Just a side note. If there's something you don't understand about bitcoin (or anything else), if something doesn't make sense - just ask, start a thread like "I have a few questions about BTC", if you start with "bitcoin is a ponzi" and support your statement with completely missed arguments - people will see you as a troll (or paid FUDster). Anyhow, welcome to the forum. |
|
|
|
|
That shouldn't be a problem at all. I've seen plenty of websites with mixed adsense and bitcoin ads.
As salmon1989 mentioned, freebitco.in is the good example.
I haven't used Adsense in few years, so cannot advise you on how to get approved. I think you'd need to put some (non controversial) contents. You'll probably be rejected if most of your site consist of ads, also avoid pop-ups etc.
|
|
|
|
Yes, that is what I was looking for. I didn't see your reply when I posted last.
I checked out urdubit.com and it looks decent.
I spoke with them just now. They said it is a 1% fee to withdraw and 0.75% to trade. So that is 1.75% fees. If I send $3000 to Pakistan then that's about $52 in fees. No better still :\
1% withdrawal is a lot. If you're planning on doing that often, maybe they'll be able to offer you a better deal. Otherwise try localbitcoins, you can get in touch with the buyer (use the trusted ones) and negotiate the best price. Recently there have been some news about a few remittance companies (using bitcoin for transfers) starting up in Asia, so hopefully there will be more options soon. ps. just recalled that Urdubit have a thread on this forum, if that's any help: https://bitcointalk.org/index.php?topic=820628.0 |
|
|
|
I used the same banner in both.  Audience in both cases was faucet related as on adbit.co I advertised on different faucets. But freebitco.in got higher rates. I have got another banner  .Which bone do you think is better. I'm using the former one these days. Depends on what website it's used on. You need to make sure it's noticeable and stands out from other contents on the site. For freebitco.in I'd say the 2nd banner should give you better results. But that's just my guess. It's always best to give them both a quick test run and compare the results. |
|
|
|
As to the OP - you are have to find someone in Pakistan who wants to buy bitcoin. That is pretty much the bottom line. But look on the Brightside - this probably won't be a problem in any major city in about 1 or 2 years. Today, it might be tricky to find a trustworthy exchange partner. But, there is no way around this if you need local currency.
Hmm, so basically I am currently out of luck for all practical intents. I don't know of anyone who would buy bitcoin in Pakistan and it would be too much hassle to ask my business contact to sell it that way. I need it to be seamless. So it seems we have a way to go. It sounds like I will unfortunately have to continue to use Western Union and Bankwire's with huge fees for years to come. Basically we just need trustworthy exchanges in every city as you say. So what's wrong with localbitcoins or https://urdubit.com/? Isn't that what you were looking for? |
|
|
|
I need the receiver in Pakistan to be able to receive the money in their own currency.
To do this, a bank-wire from Wells Fargo bank costs me $45.
Western Union and MoneyGram charge fees as well, and require tons of paperwork to be provided.
Are there any good, reliable and honest Bitcoin exchanges in Pakistan that will convert to their currency?
I have an actual need for remittances using bitcoin if this is possible. This is supposed to be one of bitcoin's great uses. Can I do it?
I don't know whether there are any reliable exchanges in Pakistan, but you can always try localbitcoins, there are a few listed for Pakistan: https://localbitcoins.com/country/PKRemittances doesn't benefit Bitcoin. Bitcoin wants to be the mode of payment and be used as a currency. Remittances mean getting in and out of Bitcoin which is not too attractive.
That's still better than not using bitcoin at all, isn't it? |
|
|
|
My Experience:
I advertised my faucet on freebitco.in with high hopes but got unfortunate results.
NAME STATUS VIEWS CLICKS COST (BTC)
Dailyfreebits 42,722 68 0.03246872
I got $0.18 CPC and around 13 signups for this cost.It costed me $0.82 per signup.
On the other hand I advertised on Adbit.co(several faucet incl bitcoinker, bitcoinzebra, landofbitcoin, quickbitco.in etc) and got $0.043 CPC and it costed me $0.28 for each signup.Actually I got 90 signups for BTC0.08 spent at Adbit.co which is many times better than freebitco.in.
Now I'm trying a-ads network wide advertising and I'll post results with them.
Thanks for sharing. Freebitco.in seems to have perfect audience for you, but that's a huge difference between freebitco.in and Adbit. Did you use the same banner? Try playing a bit with banner's colour, contrast etc. You can probably get much better results by using something more attention grabbing. For example, I used this banner (made in MSpaint  ) and got pretty good results, as noted in the first post (1 click for 312 views):  (image ref linked)While this banner only got me 1 click for 1177 views:  (image ref linked)Notice the first one is the work of complete noob (myself) the other is properly done, but it's got mild colours, no sharp contrast, so doesn't grab that much of attention. |
|
|
|
There's been quite a few remittance businesses springing up in Asia. Can I just ask what their business model is? The bitcoin transaction fee is so low that even at high volumes, the revenue is still pretty low.
Low BTC transaction fees are in their favour, allows them to reduce the cost of transfer. But they don't earn bitcoin tx fees, they will imply their own service fees. I don't know what their exact business models are, it probably varies between the businesses. |
|
|
|
Of course it's possible.
As Elwar mentioned, there are already Bitcoin debit cards, and there are also bitcoin loans services (bitbond, btcjam etc). So it's just a matter of combining those two.
A debit card is understandable because you only spend what you have and nothing else. However, with a Bitcoin credit card how would collection agencies collect debts? In the same way it's organised on bitcoin lending sites, such as bitbond? According to their website the debt collectors are engaged when necessary. Bitcoin may not be an 'official' currency, but you're still bound by the contract to regulate your debt. |
|
|
|
I am on Bitbond, Rated A due to my salary, I only have praise for this company and the people who run it. I currently lend BTC and Borrow BTC and both works great!
Why would you borrow and lend at the same time? What kind of proof of salary do they require? |
|
|
|
|
Of course it's possible.
As Elwar mentioned, there are already Bitcoin debit cards, and there are also bitcoin loans services (bitbond, btcjam etc). So it's just a matter of combining those two.
|
|
|
|
havent tried this one yet, have u tried btcjam or bitlendingclub yet if u think of earning interest from loans?
Nope, I haven't tried any BTC lending site yet. I've come across bitbond earlier today, that's why I asked for opinions about them, but I'm open to try other sites. I've heard somewhere that btcjam is full of scammers, and never heard of bitlendingclub before. Have you got any experience with these two? |
|
|
|
If you are the one borrowing money, then it shouldnt be a big worry.
Nah, I was looking into lending money (earning interest). I see they do identity checks, have ratings etc but just trying to determine what are the risks, are delays/defaults likely to happen, if so how often does it happen. Any feedback from the current bitbond lenders would be much appreciated. |
|
|
|
The campaign is paid out monthly from the 1st. (I may payout on the 31st or 2nd this month due to the new year and all the festivities that come around this time of year)
OK, but if the payment is on 2nd, would you count the posts done up to 31st only, or would you include the ones done on 1st and 2nd? |
|
|
|
Has anyone used bitbond.com, and would like to share the experience and opinion? Company is registered in Germany, all looks legit at first glance, but thought I'll ask for opinions before giving a try. http://www.bitbond.com/ |
|
|
|
|
Show Posts
