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Yes. Bitpay.com does all the work for them. No exchange rate risk. No complex work. Lower fees then credit cards and paypal. If they are a non profit it might even be free.
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The bitcoins are not gone forever (forever is a very long time) they are just unusable at the moment. If bitcoins continue, maybe someday a lucky person will generate the keypair needed for those old bitcoins and be instantly wealthy.
That is so far beyond improbbible that the light from improbbible will take 100 trillion years to reach you. Those coins are indeed lost. |
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I'd love a "hardcore" honey badger design.
"Bitcoin
don't give a shit."
Honey badger with an arm around Snowden, smoking a joint lit from burning USD.
(I get a free mug for the idea, right?)
I'd buy that mug. Unbeatable Bitcoin evangelism piece too. Please design it!! Someone make that pic in high quality and it could happen. |
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If you have ever been to Bangkok Thailand I can not see being worried about getting approval for anything. Certainly people in Bangkok don't operate under rules that it is NOT ok unless the government says it is. The rules there seem more like anything goes unless there is an explicit rule against it AND the government is actually cracking down on it. |
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how bout to canada?
USPS charges $24.62 untracked or $33.18 tracked. |
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I just got this back from an RMA, and this time it was not a refurbished stand alone card but a complete boxed new one. I want to sell this fast. If not soon it goes on eBay for more. I will ship overseas but it is expensive ($ 40 $50 or so). Stock photo:  |
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Greetings. I bought and paid, last 04 July, one high quality embroidered bitcoin polo with logo in black (order #490). Why is that order still pending, after more than 20 days? Best regards. Order ID: #490 Status: Pending Date Added: 04/07/2013
Products: 1 Customer: Rui Costa
Total: $30.98 You have not responded to my email about shipping charges. |
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Got a 3 month old radeon 5850, never been overclocked or tampered with, asking 1.2BTC
I've been selling mine on ebay for about $85 shipped. You should lower it a bit. Similar and I would take BTC for my Powercolor 5850 at $85 as well |
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Looks like we can see some of the possible amounts he got to keep himself. Surprisingly little, even accounting for the price of BTC at the time. Looks like he lost a huge amount of BTC vs keeping/exchanging it. |
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How about:  Will be higher res of course. |
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I assumed it needed to run with a laptop plugged in.
There are plenty of devices you can mine from with much lower power figures than a laptop. True. I saw this site selling : MineNinja V2 Bitcoin Mining Host and they go for 1.5 BTC a piece. They have decided to pursue other development options so this point is moot. I think the take away I learned is... if you don't have something available with a delivery date of less than a month, you will be ripped to shreds on this forum. And also, the second teir asic business is a tough one if not run with opensource hardware/software ala burn-in bbk. I do not agree. The takeaway is that if your products ROI is poor at delivery date and you appear to have overpriced your product compared to the competition you will be ripped to shreds. They were 20% too high or one month too late. |
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I can do these for about $6-8 depending for smallish runs with 99 cent US shipping of course payable in BTC. Come up with a design that 5+ people want and I will start stocking them and get them made in a waterproof outdoor variety. (my standard bitcoin magnet is for indoor use only)
Please note, car rated magnets are not like bumper stickers. Try stealing a bumper sticker..... Now the car magnet. They do disappear off of cars. Was it the wind and driving 85mph or was it a thief in a parking lot?
For me, the black bitcoin one (similar to my bumper sticker) with the "IN CRYPTOGRAPHY WE TRUST" looks like a good start.
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I know they need to make money to stay in business.
But this is a slippery slope. And when I'm already seeing merchants like BitPay.com charging 1% for every transaction, I can't help but wonder what that transaction fee will look like in 10 years.
Visa and Mastercard rape me monthly with a bill of nearly $3,900 just in transaction processing fees with my online store.
BitPay already charges 0.99%
Sure its less, but Bitcoin hasn't even come close to hitting the mainstream yet.
Isn't the entire point of Bitcoin to avoid transaction fees, especially for online merchants? I think its biggest draw towards mainstream commerce is the "lack of transaction fees". Which has now conveniently turned into "lower transaction fees" (yawn).
Sure its nice to cut the fee down by 66%, but in my naive view, a 66% discount isn't what Bitcoin is about. Bitcoin is about a 100% discount. Free transaction of money, no?
Yes, I know Coinbase, Gox, etc all charge transaction fees. I know its necessary. Maybe my question should be phrased like this:
How can the entire purpose of Bitcoin (the free exchange of money) be retained when it costs money to do transactions?
Merchants don't keep their rates the same. They will increase. And if BitPay is already at 1%, I foresee them being at 3% in 10 years easily...
-Burger-
There is a huge difference between the Bitcoin market and the Visa/MC market. The barrier to entry into Visa/MC BACKBONE processing is hundreds of millions of dollars. All Visa/MC processing is done with the blessing of Visa/MC and pays fees to them to be on the network. Bit-pay competitors can come with far less barriers to entry. There could be 10 completly independent processors with differing rates with ZERO relation to each other. A competitor that just verifies the payment and runs the secure back-end all in Bitcoins with no USD could be done almost any country with near zero regulation. Bit-pay charges a fair rate and for most it is less then the electrical cost of running their own server much less the hassle security and bitcoind updates. But unlike Visa/MC, with some real work, you can accept Bitcoin yourself with no processor in the middle. That is IMPOSSIBLE with Visa/MC. I welcome competitors to Bit-pay and as a consumer of such service I would be interested, but Bit-pay has really earned a position in the Bitcoin community that really is second to none. No other big Bitcoin business has kept their word, supported the community and been available for technical support like Bit-pay. |
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Hello all, I just made some stickers samples boards based on bitboy work ( https://bitcointalk.org/?topic=1756.0) thanks to him btw, and I translated some in French So this is what I send to the Roland Printer They are not laminated but they are only samples and should be ok for several years lifetime inside/outside (actually lifetime outside without lamination depends on a lot of factors, but must be ok for a lot of classical uses) I have found that unprotected stickers die pretty fast outdoors in the sun. The red will fade first and maybe within months if it is hit by sun daily. I recommend saying indoor use only unless they are UV protected. You may be able to spray on a UV coating. |
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You guys complaining about GPU mining not being profitable apparently don't live in Alaska  Up here, GPU mining is a godsend. I'll explain why: 1 gallon of #1 heating fuel weighs ~3.100kg and where I live costs roughly $5.85. The higher heating value of #1 HHF is around 4.64x10^7 J/kg. So, that gallon of #1 HHF can ideally yield 143840000 Joules of energy, equivalent to 39.96 kWh. Power here costs $0.195 / kWh. So that $5.85 gallon of fuel has the same amount of heat as you could produce with about $7.79 of electricity. You can see where I'm going with this. Say I have a 1600W mining rig that pulls ~ 3.6Mh/s mining LTC: this rig draws about $7.80 worth of power per 24 hours, producing about the same amount of heat in the process as a gallon of fuel. This puts my adjusted power cost for the rig at $1.95 per 24h. So, given a conservative LTC price of $1.95/ea, this 3.6Mh rig only needs to be able to produce slightly over 1 LTC per day to be profitable. That should be about the time the difficulty hits ~4000. And I sincerely doubt that most other LTC miners will keep mining at that point unless the price of an LTC goes up. In a given winter (6 months) a single family home up here will use 600 gallons of heating fuel, or $3500. This can be almost entirely replaced by around 5.5kW of GPUs (12.5 Mh or so). In 6 months at a median difficulty of 2000 that will cost me around $4600 and net me 1100LTC. Even at $2/LTC, that's almost $1000 savings over heating fuel. Thoughts? I have a house that is heated by propane. Natural gas is not available. So there also it would be cheaper to install rigs in the winter. They only need to cover half the electricity cost to beat propane. Right now they still make a profit with litecoin so most probably that will be the way to go for a little free heat as well. Of course I am now considering a small grid tied solar panel or two 500W-1000W that would always be fighting the meter just a little bit. |
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$259 shipped in the USA. Works great, great for gaming, good for BTC mining, not so good for Litecoin mining.
Also this unit is still under warranty through XFX.
This is my second card. I sold the first card (the original subject of this post). This second card had bad fans and now has new fans courtesy of XFX, so the fans have just an hour on them for testing a few weeks of mining on them.
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