The bigger the wall the harder they fall!
Bad thing is the people putting up these wall know exactly how much money is on the exchange and as soon as their wall starts to get nibbled they take it down and run like little bitches. I wish someone would just market buy the whole damn thing. But seeing as that rarely happens makes me think the walls are extremely fake and only put there to keep the price low so they can buy OTC from miners on contract. Why the miners put up with being manipulated is beyond me.
I have a plan that if I ever win the lottery I will just market buy 30 million across exchanges when I see big walls just to fuck the manipulators over, slippage be damned.
Yeah, I'm bitter, so what?
BINGO. Someone with level head. That market is being manipulated. Its even easy to see they sold to their own buy order. |
|
|
|
|
I dont understand, how could they collect child support if the child is over 18 yrs old.
Since the OP is over 18yrs old, she doesnt receive any money from the government wellfare right?
|
|
|
|
Well go use it if you want. Fact is, my actual debit card is much cheaper to use so meh. Also, a monthly fee is not what I call "free to use".
LOL you think banking is free? You should have reality check. All of my banks don't have monthly fees and have lower transaction fees and some of them are brick and mortar. This is quite pathetic that an Internet bitcoin bank without physical locations has higher fees than many traditional banks. I don't care what xapo charges .... I care how they wasted my time and with lies and an unprofessional roll out. You must have a really warped mind if you interpret monthly fee, intl fee, ect... to not fall under the "additional fees" category. They don't claim no additional fees for usage... they say no additional fees outside the 15 usd shipping. Does the Xapo Debit Card carry any additional fees?
No. After the initial $15 fee for the physical card and shipping, merchants will pay all fees just as they do for debit and card cards but there won’t be a fee for the customer. Seems very clear to me..... if you are misinterpreting this you have a serious reading comprehension problem. hey dumbass, there is no fees for using your card at POS. While your bank counts EVERY TXs regardless if you use their ATM or POS. What a typical ignorance that banking is free because of no monthly fee. |
|
|
|
Well go use it if you want. Fact is, my actual debit card is much cheaper to use so meh. Also, a monthly fee is not what I call "free to use".
LOL you think banking is free? You should have reality check. Unless you're a student, you're required to have a minimum fund in your accnt to have X amount of free tx on your Debitcard. Otherwise the service fee is alot higher than $5. Have a good life kiddo. Thanks but I know exactly how much I pay for my debit card. If they can't get their fees more competitive than the competition, well that's too bad, their product is not interesting as I can use cheaper means to spend my bitcoins AND my fiat. Unless you're being paid in bitcoins, I don't see the advantages to use this and it won't help bitcoin adoption that's for sure. Are you freaking this dense? The advantage is that you dont carry bitcoin wallet around, and completely use traditional banking network to spend your bitcoins. Ofcourse it will help bitcoin adoption. It effectively makes every merchants accept btc, compared to merchant gateway like bitpay or coinbase, you dont have to persuade merchants to sign up. What a shame for a "hero member" to say such nonsense. |
|
|
|
|
I have just tried the LOCK feature,
Basically its their wallet, not yours. You set the amount you want to "LOCK" (max is $3k), then you're requested to send the equipvalent in BTC to their wallet either from your external wallet (any wallet) or your Coinapult wallet(basically you sold your coins LOL). The exchange rate is ofcourse the "hidden fee". ie Bitstamp currently at $593/btc, their rate is $584/btc. And i only tried less than 1 btc, i assume with larger fund, the rate is even worse.
I hate it when the Coinapult asshole talked like this feature is so innovative, while infact hes just taking the cut on every trade he does for you on the exchange.
|
|
|
|
|
Why cant you use both?
I personally like Armory better. Trezor requires you to connect thro their website (base on the video i saw).
|
|
|
|
Well go use it if you want. Fact is, my actual debit card is much cheaper to use so meh. Also, a monthly fee is not what I call "free to use".
LOL you think banking is free? You should have reality check. Unless you're a student, you're required to have a minimum fund in your accnt to have X amount of free tx on your Debitcard. Otherwise the service fee is alot higher than $5. Have a good life kiddo. |
|
|
|
Xapo. https://xapo.com/en/Will become very popular in Argentina. The founder is also very familiar with Argentina's banking and financial problem. I'm sure hope Xapo has a marketing campaign in South America. |
|
|
|
You're dumb to assume there wouldnt be an admistration fee. They're using Visa network, you think its free? Stupid fck should stfu. I don't immediately distrust someone until they have proven otherwise. For many months they were saying the exact opposite: 1) https://web.archive.org/web/20140723000048/http://help.xapo.com/Shows that no page was shown in regards to additional fees as there was no link associated with question. 2) https://web.archive.org/web/20140708113128/http://help.xapo.com/categories/5988-Debit-Card/questionsHow much does the Xapo Debit Card cost? After paying a $15 fee to order the Xapo Debit Card, it is entirely free to use. The $15 fee covers the cost of the card, shipping, and other expenses. Does the Xapo Debit Card carry any additional fees? No. After the initial $15 fee for the physical card and shipping, merchants will pay all fees just as they do for debit and card cards but there won’t be a fee for the customer.Which is completely true. They dont charge fee for spending tx. Only fees are for withdrawing cash (same with every CC card), and administrating the account ( which you can do online for free, why the fck you use ATM for admin? ). These fees are required by Visa. |
|
|
|
You're dumb to assume there wouldnt be an admistration fee. They're using Visa network, you think its free? Stupid fck should stfu. Well they kinda announced that the card will have no fees for users, only for merchant and now it is not the case anymore. There is something to be pissed here. I knew right of the bat that "no fee"/"free" here mean the cost of the requesting the card itself. They're fcking using either MC or Visa network, and its not free. Maybe because i'm working in real life and dealt with banking/payment network? I only see ppl who live in their moms basement would be pissed. The fee structure IS better than ANY prepaid card out there. |
|
|
|
You're dumb to assume there wouldnt be an admistration fee. They're using Visa network, you think its free? Stupid fck should stfu. |
|
|
|
Well not great but not bad considering all the prepaid CC/Debit are pretty much the same or even worse So if you dont withdraw cash but only use at POS, then the only fee is the monthly fee of $5. Other prepaid CC/Debit that i've seen charge a fee for "loading" fund. |
|
|
|
Just a thought: All miners can collectively game the system so the 21 million mined coins can be achieved much quicker. Right before difficulty change, majority of the miners drop out so that the total network hash power plummets, so after the new difficulty correction drops, all miners jump back in. This would result in blocks being much faster than 10 minute averages. After 2 weeks, miners drop out again until difficulty change, then jump back in. Rise and repeat. Cutting down the 10 minute block times in effect would cut down the number of years required to mine out all blocks.
Practically speaking, this won't ever happen, but it's still a possibility.
Are you fcking retard? Difficulty adjustment is based on number of blocks not "2 weeks" When all the miners drop out, says good bye to your "10 minute" block time along with your stupid "2 weeks". For a hero member to say such stupid fck, i think its safe to assume you're a fraudster/scammer. (hint for noobs: there are ppl who sell hero member account) |
|
|
|
Gosh they keep trying to fix the broken wagon......  |
|
|
|
|
BS here is so strong i can smell it over the internet. Damn.
|
|
|
|
|
I support Overstock 100%. Even if some products can be bought cheaper on other site ***cough amazon cough*** i will still buy on Overstock.
|
|
|
|
My goal is to provide people with a template letter: a letter to give to local businesses asking them to start accepting Bitcoin. It's for people who want to do some grassroots marketing with local businesses - to get the word out about Bitcoin.
You say it's clearly just a bunch of spam at this point. Could you point out the spam, specifically? I'm looking for constructive criticism and ideas from the community. If we work together on this, we can make it legitimate.
Thanks,
Matt
Sure, Based on what you wrote, the goal is to have business accepting btc, correct? Then remove all the market volatility, and keep it simple to fit their bottom line : sales and cost of tx. Thats it. There are currently only 2 accredited payment gateway for bitcoin: Bitpay and Coinbase. And their fees are already low. No need to talk much about price of btc etc... just talk about easy to integrate, and fees are near zero. Do tell them that Coinbase has the first $1M in tx for free, 1% after that, while Bitpay has 1% or $30 flat fee. Think of bitcoin as email. Do mainstream ppl want to understand how emails work? and that they can have their own email servers, ....etc ? I'm sure if you pitch someone into using email you would say, sign up on Gmail, yahoo or hotmail and that they can send mails digitally in sec .... Anyway, i think i made myself clear enough. English isnt my native language, so i hope someone can contribute in writing for you. EDIT: Large companies like Dell, Dish, and Expedia, as well as hundreds of thousands of “Mom and Pop” stores are now accepting Bitcoin because this new technology saves them a lot of money! The only people who don’t benefit from this system are the credit card companies and intermediaries. Before bitcoin, these corporations “granted” us the power of monetary transactions - but now the power is yours without their consent.
Bitcoin isn’t its own currency just yet. So if you want, you can use automated merchant services like Bitpay and Coinbase to promptly convert your Bitcoin revenue into local currency for a small fee. Or you can manually use services like Localbitcoins for virtually no fee! In the end, these fees are miniscule compared to conventional merchant fees. Your business can also hold on to the Bitcoins as an investment as Bitcoin becomes more popular.
The invention of Bitcoin, much like the invention of the Internet itself, is a revolution - both economically and socially. It puts merchants and consumers in direct control of their money. You can play a vital role in this revolution simply by accepting Bitcoins at the counter. You’ll save a lot of money (with little to no merchant fees) and cater to a growing population of Bitcoin enthusiasts - all while helping to spread the idea and stabilize Bitcoin’s true value to society for future generations. I hope you’ll consider this opportunity and consider accepting Bitcoin at [Business Name]. If you’re interested in educating yourself or want to learn more about how you can start accepting Bitcoin, the next page has some great links to get you started.
To be more clear, all of that is irrelevant from the business's stand point of view. |
|
|
|
Which is why your letter will not be helpful. We're not there yet. One step of a time.
I don't agree, but I'll listen. What do you think the next step is? Or what do you think we should we be focused on now? LOL whats your goal sending this letter? To tell ppl how great btc is or to have merchants adoption? As you already know, having merchants adoption is infact what would make btc great. Go one step at a time. So go edit your letter to archive that goal. Clearly right now its just a confusing spam letter. |
|
|
|
When something good is banned, it puts a lot of spotlight on this. {Some free advertisement} People would just go underground with the technology. But if they are not allowed to use it openly, it hampers progress for the country.  Perks of free advertisement are not nearly enough reason for joy, since they can be catalyst to widespread baning of bitcoin worldwide. Bitcoin, in every aspect can be copyed and even upgraded to something better, under different name/brand/whatever, and that is why i believe it will ultimetively fall.In the meantime, im guessing the ride will be awesome for trading, since nothing is better for earning than a volatile market  Retard, can you copy the blockchain network? Also the article is misleading. A digital currency issued by central bank is not cryptocurrency. Its just a digital IOUs. Ecuador government will have alot to learn from Canadian Mintchip. |
|
|
|
I disagree.
In your pencil analogy, to be realisitic it would be " the pencil MAY be free if you have the TOOLS to sharpen it". The TOOLS here are compliance with regulation rules, exchange risks and etc... You get the point.
OR the business can just buy this pencil at a price. The price will only be more competitive in the future as more competitors coming in.
The bottom line is the pencil is still alot cheaper than buying it from MC/VISA.
To gain merchant acceptance you must focus on their point of view. There is no downside in "using this payment method" only upside. And there is no extra work being involved which let businesses focus on what they're doing best.
I can definitely see your point. Bitpay and Coinbase offer great deals and keep the automated system businesses are used to. So I think at this point, most businesses will probably choose Bitpay and Coinbase, just because they don't want to learn something new just yet. Which is fine! Like you said, they can focus on what they do best. But also, if Bitcoin becomes more popular (especially if/when people start trusting it as its own currency) businesses might want to learn how they can be in total control of their money. Maybe sharpening the pencil themselves will become more and more just another casual part of their business procedures.Which is why your letter will not be helpful. We're not there yet. One step of a time. |
|
|
|
|
Show Posts
