We only accept ACH drafts in the United States and [...]
Would you describe a little more of the process? So after I've registered, you have my signed user agreement and I have the PIN that was sent to me, what happens then? i.e., from your your site do I initiate the transaction which is then presented as an ACH draft to my bank (ACH Pull)? Will there be a per-trx fee? Will the BTC/USD price be established at the time that I place the request, or only when the funds for the ACH transaction have arrived? |
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Square dropped their fees. Now it is 2.75% and there is NO per-transaction fee. The fees for "card not present" charges didn't change. http://squareup.com/pricingThat certainly seems to be competitive. Incidentally, Intuit (QuickBooks, TurboTax, Mint, etc.) matched Square by adding a free (no signup cost, not monthly charge) option for accepting credit cards: GoPayment http://gopayment.com/pricing.html For a limited time, new signups receive a free card-swipe reader (from Roam Data). The transaction rate for this free plan is 2.7% + $0.15 per-transaction fee. The fees for "card not present" is 3.7% + $0.15 per-transaction. A high-volume plan has a monthly charge and a higher per-transaction cost but a lower swipe rate. |
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What would be my best way of earning some btc?
Any ideas would be greatly appreciated!
There are some ideas to consider here: IDEAS - Post your Bitcoin-related idea, collaborate on someone else's http://bitcoin.witcoin.com/p/269 |
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I really enjoy reading these.
Thank you very much for reading! [edited] We should collect these somewhere.
I've an idea, ... how about if I were to collect them here: http://www.BitcoinNews.com ?  |
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I've been thinking about splitting out the files, too. No functional changes, just moving things around.
Somebody did that a few months ago (theres a message here in the forums SOMEWHERE...) This? http://bitcointalk.org/index.php?topic=2244.0 |
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Fortunately, it was a false alarm. There was a node spewing address spam. The author of the chart has revised the data reporting, and the chart now looks like:  Because the list of "down" nodes is so easily spoofed, a better metric is simply the nodes that are active:  At any time, a snapshot of the numbers is available from: https://smsz.net/btcStats/acceptingThe raw data is archived: http://dump.bitcoin.it/misc |
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I've been wondering why we haven't yet seen where a game developer takes a leading FOSS game and adds bitcoin mining functionality into it.
Or, take an open source game and add a Bitcoin-related angle to it (i.e., monetize it using Bitcoins). For instance, From the following: http://gaming.mozillalabs.com/gamesis the open source browser game "Marble Run". The site which the game is built for provides a "special brick" randomly to visitors, at periodic intervals. Simply adding the ability to purchase a special brick with Bitcoins would be one way to monetize the game. I learned about the site from the author of a closed-source game called FavIMon which is a Pokemon inspired game: http://www.favimon.comin which the author was asked if the game could benefit by incorporating Bitcoin: http://twitter.com/philipnrobbins/statuses/45106745743392768however the author replied thta it is a Javascript game and "is "not secure enough for stuff like that": http://twitter.com/favimon/status/45110300722212864FavImon and Marble Run are among the Winners of the Game On open Web dev competition: http://mozillalabs.com/gaming/2011/02/03/game-on-winners/With no software to install, games like these could end up being responsible for the first exposure to bitcoin for many. |
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The Week In Bitcoin - Mar 7 through Mar 13, 2011. Sunday Mar 13th, 2011Saturday Mar 12th, 2011Friday Mar 11th, 2011Thursday Mar 10th, 2011Wednesday Mar 9th, 2011Tuesday Mar 8th, 2011Monday Mar 7th, 2011Got a news tip, suggestion or comment? http://www.bitcoinnews.com/submitCurrent week (updated throughout each day): http://www.bitcoinnews.comPrevious weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNewsEach day I will post a reply with the previous day's summary, and will update this specific post to include each daily summary as well. |
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Here's what I'm thinking:  I swiped the layout and some other parts from another site however I'm working on composing a separate post and don't wish to share that URL just yet. |
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The Week In Bitcoin - Feb 28 through Mar 6, 2011. Sunday Mar 6th, 2011- Next difficulty estimate, 78K, up over 40% since the last adjustment.
Daily growth rate accelerating: http://bitcoin.sipa.be/growth.png - Blog and press mentions:
- Zorinaq - mrb's blog - The Bitcoin Cryptocurrency
- "Something that is so cleverly designed, so profoundly unique, and such a polarizing concept, that when people first hear about it, they either dismiss it as something that could never work, or instantly grasp its immense potential"
- http://blog.zorinaq.com/?e=49 - - The Bitcoin Report - Bitcoin top 100 'Rich List' 6th March 2011:
- At least 100 wallets contain at least 5,000 BTC. Also, a dozen w/10,000 BTC exactly.
- http://bitcoinreport.blogspot.com
Saturday Mar 5th, 2011Current week (updated throughout each day): http://www.bitcoinnews.comPrevious weekly summaries: http://www.bitcoinnews.com/archive Follow on Twitter: @BitcoinNews |
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I'ld love to see you add something similar to the the following to your listings:  You also have the option to provide payment using bitcoins instead of PayPal. I offer a 5% discount on the winning bid amount when payment is made using Bitcoins. For payment using bitcoins, the BTC amount will be calculated based on the closing price for the market exchange rate from the day prior to the day the auction ended. |
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Yet another Person To Person payments system has emerged: WingCash http://wingcash.com If Bitcoin is described as a decentralized, anonymous digital currency then WingCash is the polar opposite -- a centralized, fully public, representative currency. How WingCash works: - WingCash "Notes" are issued in denominations matching physical U.S. coins ($0.01, $0.05, $0.10 and $0.25) and U.S. currency ($1, $5, $10, $20 and $100).
- Each note is serialized, and can be viewed online. The entire history of the note (the current owner and at least the last eight recent owners) is visible, publicly.
Example: https://wingcash.com/usd/w002-53bd-a7ef-f3d5
When viewed online, the image presented on the note matches the denomination of its physical U.S. equivalent. For example, the $0.10 Note will show the image of a U.S. dime, and the $50 Note will show the image of a U.S. $50 bill. - The owner of the note holds the cash online in a centralized ewallet account through WingCash.com. The notes are backed with cash in a cash account held by the note's issuer -- either Wingcash or a bank partner (I presume this is in cash accounts that are fully FDIC insured funds, similar to how PayPal handles accountholder balances).
- Transactions are irrevocable, which means there are no chargebacks if a transaction sours.
- Selling WingCash (withdrawing funds / cashing out): Notes may be transferred at face value to your U.S. checking or savings account (via ACH). WingCash charges $0.25 per withdrawal. A merchant who accepts WingCash may also cash out your notes at face value without the fee.
- Buying WingCash (adding funds): Notes may purchased only from participating retailers or by exchanging with an individual.
- There are no transaction fees when using WingCash notes as payment with a merchant or between individuals.
- Currently, registration for individuals is allowed only for certain states. The three states, Montana, New Mexico and South Carolina are states in which WingCash can likely operate without registering as a money transmitter. Dwolla followed a similar approach before going national last year. Merchants from any state may register now.
- Money may be sent to users on the social networks Twitter and Facebook. If the recipient has already linked the social network account to WingCash, notes are transferred to the recipient's ewallet immediately. Otherwise, the notes are claimed only after the recipient logs in and links (via OAUTH) the account. There also is the ability to make transfers via email and LinkedIn but it isn't immediate.
It offers merchants the holy grail of irrevocable payment. This proposition is so compelling that merchants may actively seek to promote it as an alternative to most other forms of payment.
WingCash appears to be scalable and sustainable because they have eliminated the complexity and cost of charge-backs, The CEO also founded ProPay, which is one of the few payment alternatives to PayPal on eBay. Bradley Wilkes is part of a payment technology family dynasty. The Wilkes clan has been embedded deeply in the fabric of the payments industry since the nineties. Clay Wilkes is CEO of Galileo Payment Processing, a well known leader in processing General Purpose Reloadable (GPR) prepaid payment cards such as those offered by NetSpend and Greendot (GDOT). Dave Wilkes is Founder and CEO of Fuze Networks. These gentlemen are all veterans of our industry. I think payment technology is part of their DNA. http://www.glgroup.com/News/2011-Startup-WingCash-%E2%80%93-The-Next-Generation-of-Money--52047.htmlBlog: http://blog.wingcash.comFAQ: https://wingcash.com/faqWingCash adds to the crowded Person to Person payment networks, which include Paypal (credit and ACH), Dwolla (ACH), PopMoney (ACH), and a plethora of mobile money startups. Incidentally, WingCash is not to be confused with the mobile cash system used in Cambodia called WING Cash Xpress: http://www.wingmoney.com |
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Advertise to the IT crowd, they will be the only ones to really trusting it at first. My mom doesn't like ATM machines, forget the Older Folks. How about at Hackerspaces? There's likely one near you: http://hackerspaces.org/wiki/List_of_Hacker_Spaces [Incidentally, why nearly all Hackerspaces meet on Tuesday, and everything else about Hackerspaces : http://ur1.ca/3e2jk ] Then you have the Teens, they won't even care Until they figure out that there's no age limit to own and use bitcoin. With bitcoins, an 11 year old can do this, for example: Bitcoins -> Amazon virtual card (just like: http://bitcoin-otc.com/vieworder.php?id=738) -> the outfit her parents wouldn't buy for her Bitcoin gives you freedom. No matter who you are. |
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I'm surprised someone hasn't yet offered a service to buy people's numbers for PowerBall or other state lottery. e.g. http://www.powerball.comEven with a pre-signed contract, he would probably fight it, he will have (currently: $40 Million ) to hire Lawyers, you will have a claim and maybe a lawyer. I had thought of that and was supposing the problem could be resolved by mailing out the tickets purchased before the day that the lottery is drawn. Then I think of all the holes in that strategy as well and now I know why nobody yet offers a service to buy people's numbers for PowerBall (in addition to the obvious one where it probably isn't something that be done legally.) |
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