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Awesome.
Great to see that your interest in Bitcoin has been rekindled.
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KYC +1  WEEEEEE Still looking to rebuy at $2500? WEEEEEEEEE... The answer is yes. |
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throwing random numbers is always easy. analyzing and giving a proper speculation is hard.
you have a fading away social support, everyone wants to create money, like nakamoto did, its not a "bear market" like you want to believe and want everyone else to belive. only thing that focuses bitcoin for investment is the corrupt indexmafia, without it people would have created already much bigger token. its the indexmafia that is still securing bitcoins value nothing else. its just a pow cult and one with increasingly less support, 2.5k is just the step towards 0 bitcoin will end up as the AOL/Netscape of crypto, and other failed experiments. we will return to organic money again, created by institutions, question is who will run those, and how, and will it be possible to standardise those. regards This song was originally for Proudhon but I think you would be a good fit for it too, enjoy it! https://www.youtube.com/watch?v=A7TuFy0fcuw |
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Thanks. I like this too: Coin Market Book https://coinmarketbook.cc/ They rank by taking in all the order books (within 10% of the price) across a number of exchanges. |
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That was funny. Thanks for this man. |
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Yes.
I have purchased a couple of things from people in remote areas of the country. To avoid the fees forced upon us by eBay, Paypal and those of that ilk, we used Bitcoin and it worked just grand.
I've also sold two cars for Bitcoin, even listed my house at one stage for BTC.
It's the future man.
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JayJuanGee, since your grasp of the present day economic system seems to be completely comical, let me spell it out really simple for you. You're either going to have "UBI" and full-blown communism, or the bank's balance sheets implode through cascading deflationary collapse and metals are remonetized vastly higher to have any type of continuation of a monetary system at all.
Under communism there is no usage of bitcoin. In the second option, there is also no use of bitcoin. No government on the planet is basing it's reserves and monetary system around bitcoin instead of physical metals. If they used any type of digital shitcoin, they would be printing their own out of thin air and trying to force it onto you. The Russians, Chinese, Turkish, Iranians, now Italy, and others have already formed an unstoppable pro-metals monetary system coalition in the first place. The die has been cast.
You sir, are a monster. I just can't tell if you are trying or not. |
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Gemini has been absolutely phenomenal for me. Regulated, audited and secure, Gemini's support is always quick on the draw and I have never had any problems depositing or withdrawing.
This has not been the case for exchanges the likes of Coinbase.
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I don't think that this project will have a success because we can use bitcoin instead of this WBTC and we don't have problems with KYC procedure.
Perhaps you're missing the point of what this is offering? It's an ERC-20 token pegged to BTC so you get the benefits of Ethereum whilst enjoying the value of BTC. Very clever and most definitely handy for traders, market makers et cetera. |
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I’ll tell you what I’m doing for my girl for Valentine’s. I’m taking her to Manchester for a 2 night stay in a nice hotel next Tuesday & Wednesday but what she doesn’t know is..... I have 2 tickets for the Champions League 1st leg - Liverpool vs Bayern Munich on the Tuesday  She will be coming along to that, in the freezing cold  I wonder are you guys sure that your girls are not reading here? LOL I am just planning for a candle night dinner with my girl. What color are those candles? |
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There are a lot of small shops which accept crypto payments around the world. However, in my opinion, what will really push the cryptocurrencies forward is the adoption of Bitcoin by some big player in the trading industry, such as Amazon.
What do you think, will Amazon start to accept Bitcoin as a payment method if its price rises to new-record values again (like in 2017)? Could it be that they are not adopting it because they treat crypto as a hostile technology for their business? Or they just don't take Bitcoin seriously, like thinking it will despair in the near future?
probably amazon won't accept BTC in near future cause they may develop their own cryptocurrency opening up a lot of opportunities for them indeed because of the constraints that the price of bitcoin is still not stable like gold. so it's likely that someday Amazon will definitely want to adopt bitcoin when the price of bitcoin is stable Let's assume for a moment that it's not the volatility of BTC that is holding Amazon back. What do you think the other reasons may be? Perhaps there are two obstacles that have Amazon exercising restraint: 1. BTC is not anonymous. If BTC became their primary means of payment, then for the first time the whole world and all of Amazon's competitors (whoever they are) will see their true earnings. This is of great significance to any competitor. Yes Amazon has to declare earnings every year, but BTC earnings are a whole different ballgame: it is true earnings on the most granular level (down to the actual transaction!) which can then filter up to an annual earnings report so one can't lie about what the earnings are, one can't repudiate the earnings in any way and one can't hide what one does not want others to see. 2. BTC simply cannot hold a candle right now to the scale at which Amazon is processing payments. I love Bitcoin. I truly do, we know it's the future but it's just not ready for the big leagues; or Amazon's league. Yes Lightning Network is out there, but it has yet to mature and prove itself worthy of processing payments at the level Amazon is running at, which is surely in the three and four figures per second. Yes I know the theory but have yet to see it in practice. Perhaps I am missing something though? Is lightning network demonstrably up to par with the kind of performance that Amazon would expect it to run at? Can it provably (not theoretically) sustain those kinds of numbers, not just in throughput but in holding that kind of liquidity? |
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That looks simply unworthy, because there can be only one bitcoin. Scams most often use the term bitcoin along with some other to make it easily reach the common people. One among that in the recent days I came through is Foxbtc. This has been a scam project and was promoted to reach the position of bitcoin soon.
I agree that it does look somewhat unworthy. It's not enough simply to point to a public wallet and say "Hey there's the wallet backing this token". On KYC/AML, I suspect there is none happening on WBTC but I don't think it will be a bad thing if it does. |
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What do Amazon have to gain by accepting cryptocurrency?
How much do you think they lose to Visa/Mastercard every single time a credit card is used? |
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and how your progress. after a long time?
I bought Bitcoin at $0.19, so progress is not bad. |
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For this day ..... my lebowski hat is a MUST And XhomerX One simply does not Be able to afford himself a lebowski sweater But you did saw the movie so ....... get yourself one  Do you think Lebwoski bought Bitcoin? At what stage and in what quantities I wonder? Did he sell? Or not? Or nothing? |
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SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets. Can you clarify what you mean here? An example or two would help me understand your point and hopefully make changes on our side to improve our offering. I mean if a merchant had 1001 transactions a month which were mini-payments that accumulated to be worth less than $500 but they ended up paying as a loss. 0.0001 BTC x 1001 transactions = 0.1001 BTC 0.1001 BTC = $380 today SetGetGo charge for 1001 transaction at 0.0001 BTC = $500 Your scenario is purely theoretical, see average transaction volume on BTC network: https://bitinfocharts.com/comparison/bitcoin-transactionvalue.htmlThat said, if the scenario you have conjured becomes the norm then we will facilitate it in a manner where our clients needs are satisfied (as we have done time and again in the past). Very much appreciate the ideas though, thanks! |
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what a community Will make the $100,000 party all the better  Where is this being hosted anyway? |
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SetGetGo here, we added support Bitcoin Cash, Litecoin and Dash. We also adopted KYC/AML practices and moved away from our own wallets to Bip-32/HD wallets, so money goes directly from the client's wallet to the merchant's wallet (no middleman holding your funds!).
Furthermore, we improved our fixed-fee pricing structure to be flexible and way more predictable from the merchant's perspective and yet still completely independent of the amounts being processed:
Startups - Up to 100 transactions / month - Free
Business - Up to 1,000 transactions /month - $100
Enterprise - Up to 10,000 transactions /month - $500
Interesting but the fact small transactions are part of the inclusive transactions package means that merchants could effectively be losing out by covering fees from their own pockets. Can you clarify what you mean here? An example or two would help me understand your point and hopefully make changes on our side to improve our offering. |
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In the unlikely event I were to start my own business, BTCPay Server is almost certainly the route I'd go. Better decentralisation, fewer middlemen and potential cost saving benefits as the icing on the cake.
I think if more people only realised this was an option available to them, the payment processors would have to start considering the long-term sustainability of their business model. Pretty much the only benefit they have left is the instant conversion to fiat. And if fiat does become less desirable over time as the global economy worsens, they'll have no advantage remaining.
Yes it seems the best way forward for those who have some tech knowledge rather than use 3rd party plugins It's not fair to say this. Installing and supporting a product the likes of BTCPay is non-trivial. If you are a small merchant then you most likely do not have the technical expertise to do this, after all your business is your business and not maintaining BTCPay. No doubt, folks with significant technical expertise (I am assuming you are in this category) don't have a problem handling the ins and outs of running one's own node, installing BTCPay, debugging it, customizing it et cetera, but for mom & pop running a vape store it's an entirely different ballgame. |
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