I get my paypal money from doing tarot card readings on the phone, I don't really have the option of receiving my pament in any other form. If I can't find an easy easy way to turn paypal into bitcoin I may have to start trying to encourage people to auction some of it on e-bay. (hopefully with a buy it now that is not too far from the going rate)
buybitcoins.com still shows as accepting paypal payments for bitcoin purchasing. It doesn't show anything to me, are you getting the site? I just get a question about my country in a form that doesn't work. |
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good idea!
In terms of categories, you could put it under "coins". It is less suspicious and there are also a lot of real silver and gold coin traders around who are an ideal target group as well.
Mmm, I think it might be more likely to be considered a scam there. Everyone else gets a hard piece of metal and all I got was some data added to the end on a database.... |
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Has anyone taken into account the fees on ebay?
Just checked and it costs 0.30c to list and they take 5% of the final price.
Maybe sell a small amount and follow up with an email saying you'll sell more anytime and even at a better price since there is no fee? |
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Wow, what the hell.
It asks for my country for tax purposes which is pretty sick since I think we all know what taxes go to support. The form doesn't seem to work anyway, at least it doesn't accept Somalia or Canada.
I was only going to check the rate.
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I tried bumping the thread where we have a bounty for someone to make a video explaining how to use bitcoin. Ive donated a lot of btc to the bitcoin address listed in the thread but the person who started it seems to have disappeared. Is this yet another example of a bitcoin scam? The bounty should be over $1000 with the latest rise in value yet nothing has been posted.
When is the last time that somebody saw bytemaster alive? Last active Oct 2. $1000 is a bit of an exaggeration. really? The amount I sent was app 8400 coins.That was when the exchange rate was 0.06 There is no exaggeration on my part Im afraid. You can check with mt gox if you like. Oh, sorry, I thought the title was continuously updated at it still read 5000 something. |
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I tried bumping the thread where we have a bounty for someone to make a video explaining how to use bitcoin. Ive donated a lot of btc to the bitcoin address listed in the thread but the person who started it seems to have disappeared. Is this yet another example of a bitcoin scam? The bounty should be over $1000 with the latest rise in value yet nothing has been posted.
When is the last time that somebody saw bytemaster alive? Last active Oct 2. $1000 is a bit of an exaggeration. |
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I buy Bitcoins with my Poker Stars at a rate of $.08/BTC, up to $500 for now. $5 minimum.
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lately the network has been taking 10 to 20 minutes and even longer per block.
Does this mean we'll get a drop in difficulty soon? Were on track for difficulty to stay the same pretty much. |
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If a monopoly is natural then you don't need to enforce it. If you pretend or incorrectly think something is a natural monopoly when it isn't then you will have to keep others out of that business with guns.
Any natural monopoly will arise naturally. If some industry that you think should have a monopoly provider ends up having competition then you should be surprised, not violent.
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I posted a summary of bitcoin on the freetalklive show prep before I realized it was put there before. It looks like the old one can't be voted up anymore so maybe it's good to have it there again, or maybe rude, I don't know.
I just found freetalklive like 3 days ago, wtf, how did I miss this?
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99% of the population don't have the skills or understanding to use a PC.
Used to be the case. And there is going to be much higher than 1% competence in the current bitcoin community. And this solution doesn't have to be the ultimate one anyway. |
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The payoff math on plants was actually non-intuitive (to me!): My first though was to set the initial jackpot amount to some number, say, 5, and set the cost to play at 1, and then payoff 10% of the time, and when you don't win, add 1 BTC to the jackpot for that particular plant. When playtesting that I seemed to be doing *really* well. A simulation revealed that the rules above have an expected return (far) above 100%.
You should be able to see that if you charge 1BTC and put the whole thing in the pot you can never profit and will just lose the seed money over and over. If you like I'd be willing to check the math on games you make and maybe even suggest some new structures. You can make a progressive that will be +EV for the player sometimes but also +EV for you overall by growing the pot slowly enough. Maybe that's what you discovered already. |
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The remarkable part is the high/low reported on mtgox: 0.12/0.01
The number of people wanting to sell bitcoins totally exceed the number willing to buy.
Big lost opportunity for people who believe in bitcoins.
The low was a software glitch, when someone put in an ask at .01 it should have met the high bid which was around .083 but instead was matched with the exact equal bid. It'll probably be taken out of the data like last time, the trade has already been reversed. The code should be fixed, it's happened once before. You can tell it isn't real because there are no trades going all the way down, just one oddball way down there. |
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Building on your idea, this could be expanded to a dating site.
Dating sites have some issues with payments as they are not very anonymous.
Possible but there are inherent general gender imbalance in hackerdom. I had a randomn idea for a dating site called freestatedate.com that matches single people in new hampshire with people from all over the world who believe in libertarian/agorist ideas. I thought it would be a possibility for a bitcoin related dating site . Does anyone want to whip up a site for it?  Haha, that's great, match free state men in NH with free state women from around the world. There should be roughly equal numbers. |
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If you borrowed and bought stocks I don't think that would be saving, but surely it would be investing. The lender is doing the saving. Intermediaries don't change that there is just as much saving at the beginning of the chain as there is investing at the end. That's a good point. One person could invest without saving by borrowing, but somewhere, someone had to do the saving. This would be true without the central bank. In the present system this is not true, since credit is created through inflation. In a very broad sense it is still true. The dollar would be worth exactly zero if people weren't doing work and trying to save the value in dollars. In this case it isn't the borrower or the lender doing the saving, it is some dupe (most of us here) working a job and holding dollars for a while. |
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Terribly angry misconceptions in there.
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If you borrowed and bought stocks I don't think that would be saving, but surely it would be investing. The lender is doing the saving. Intermediaries don't change that there is just as much saving at the beginning of the chain as there is investing at the end. That's a good point. One person could invest without saving by borrowing, but somewhere, someone had to do the saving. |
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Maybe mt gox should start using LR instead of paypal. Paypal must be making out like a demon on all these bitcoin transactions.
They probably make more from bitcoinmarket. I've probably done 20x more in trades at GOX and paid 5x more fees at BCM. |
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Yeah, if we really belive in bitcoin as a good thing, we just have to come up with a good solution for these problems and we better be quick before bad news like this start to mass.
This is definitely a problem, and I can't wait to see all the solutions that are found. But it should be clear that it is a problem with PayPal and the ultimate solution will be that people who want a money that can't be yanked back will stop using PayPal (and the many others) that offer this "feature". |
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Huh? Investing is saving.
Not in the current climate. In theory I guess it is possible to save without investing. (Store and don't use some physical good that is not expected to increase in price.) But how do you invest without saving? If you borrowed and bought stocks I don't think that would be saving, but surely it would be investing. |
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