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1  Economy / Trading Discussion / Re: Purchasing BTC with Debit Card on: January 25, 2016, 01:39:35 AM
Can anyone else help with this?
2  Economy / Trading Discussion / Re: Purchasing BTC with Debit Card on: January 24, 2016, 08:06:08 PM
It's pretty obvious now that governments are making it even more difficult to purchase BTC swiftly due to the implementation of AML legislation but my question is, is it still possible to purchase BTC with a debit card without the ID verification process? And if not directly is there a 'workaround' process?

All feedback is welcome, thanks guys  Smiley
I suppose if the debit card is stolen you could get around this, but if it's your own card I don't think so.  Your name is associated with the bank you got the card from--at least in the United States, don't know about other countries.  If you want to remain anonymous, don't use a debit card.  I think that's solid advice.

It's my card that am using but I don't want to go through the whole process of verification etc. Thanks for the reply.

You can buy a prepaid Credit Card an buy them. I have done it before with some search work.

Good suggestion. But is there an upper limit on how much I can purchase with the pre-paid cards? Thanks alot.
3  Economy / Trading Discussion / Purchasing BTC with Debit Card on: January 24, 2016, 07:54:00 PM
It's pretty obvious now that governments are making it even more difficult to purchase BTC swiftly due to the implementation of AML legislation but my question is, is it still possible to purchase BTC with a debit card without the ID verification process? And if not directly is there a 'workaround' process?

All feedback is welcome, thanks guys  Smiley
4  Bitcoin / Bitcoin Discussion / Re: Mainstream Adoption on: July 20, 2015, 08:15:29 AM
Mainstream adoption is coming along. It will take time. First, we need more people worldwide to own bitcoin. Secondly, a way for them to use bitcoin very easily. I expect it too be much much easier than camera and qrcode, and less worries about being hacked and confirmation times. Until that happen, bitcoin can only be an online payment system in a niche market.

Exactly, like I said previously :

At the end it is only about knowledge...

If bitcoin is not better (so ... easy and secure to use) than any other method of payment, how can we take to see it 'mainstream'?

Wait for better infrastructure, killer app and user acceptance. I will give examples:

Remember how we used credit card decades ago? We give a card to salesperson to fill in a small form, "swipe" the carbon copy form with this roller thing, phone the credit card company for a authentication code. This used to take ages and lines were busy at peak times, so end up paying cash. Merchant fee was high, not many places accept credit cards and there was no point having one.

Remember how we send email? Logon to a terminal, select email in a menu, start typing email on a blank screen including "to:" and "subject:", press some keys in sequence, it vanishes and you hope it's sent. Attaching a file was a major operation where you have to use tools to compress and then uuencode your file. Not many people had email accounts, it is much quicker and safer to fax a message to your friend.

Credit cards and email are part of our lives now. What's the different between the ancient times and now? Technology, infrastructure, app interface, and common availability. These are what Bitcoin needs to have to go mainstream.

Although I agree with that, I believe innovation in BTC companies and products will be important and if there is one thing that hinders or prevents this, it will be regulation. You've seen how governments around the world have reacted already, and the thing isn't even mainstream yet! Even though the government claim regulation is there to protect the little guy against fraud, crime and what not, there is no telling how hard it will be to even start an app or a company with the word Bitcoin in the title in the years to come.
5  Bitcoin / Legal / Re: Bitcoin Gambling on: July 19, 2015, 03:30:57 PM
keep in mind that many of them are running a small business, authority will not bother with those

you can play on those without problem, at best you can mix your coins or find some of those casino that accept cryptonight altcoin, which would be even better and use a random vpn to register

remember that bitcoin itself isn't regulated in some country or illegal, yet people use it

Suppose it also comes down to why your using and to what extremity (example: small gambling business: Okay/SilkRoad: NOT OKAY).
6  Bitcoin / Legal / Re: Bitcoin Gambling on: July 19, 2015, 03:09:00 PM
So my next question.. How are they still operating on the open web?

Lol, how does everything else operate on the open web? Torrent sites, warez sites etc etc. Not all things are illegal everywhere. Some countries ban gambling and porn, but people can freely view them online. Usually the sites are hosted in countries with lax preferences on this or outside the jurisdiction of the certain law enforcement agencies that would take them down. If they were hosted in the US they likely would get taken down pretty fast.

Good point, got any examples of the countries with laid back gambling laws?

Just find out where all the bitcoin gambling sites are hosted haha. Are you thinking of making one? I do think that they'll start cracking down on them eventually regardless of where they're hosted.

Gambling's not for me, but know how restricted and regulated the UK market is, made me ask the question Grin

So my next question.. How are they still operating on the open web?

Lol, how does everything else operate on the open web? Torrent sites, warez sites etc etc. Not all things are illegal everywhere. Some countries ban gambling and porn, but people can freely view them online. Usually the sites are hosted in countries with lax preferences on this or outside the jurisdiction of the certain law enforcement agencies that would take them down. If they were hosted in the US they likely would get taken down pretty fast.

Good point, got any examples of the countries with laid back gambling laws?

Just find out where all the bitcoin gambling sites are hosted haha. Are you thinking of making one? I do think that they'll start cracking down on them eventually regardless of where they're hosted.
UK actually has already started getting strict towards these gambling sites that offer their services to UK customers. Since these sites would generate a large amount of revenue to UK for being licensed so they are actually likely to target these hosting sites and shut down these gambling sites.

I think most countries would want to take up this approach but like mentioned earlier, it's the enforcement that kills them. If the sites are hosted offshore and used in conjunction with BTC, its a tough nut to crack. Whether you have visited the sites is obviously going to be an easy one to figure out but a suspicion is suspicion and nothing else.

So my next question.. How are they still operating on the open web?

Much of the Gambling sites are hosted Off shore or are using Anonymous Hosting.
these days hosting with bitcoin is easily available they just grab them and Start running their sites.
Moreover Few countries have ban their users From Gambling like I see williamhills not Operating in US , so the people there are using Proxy.

Ahhh, the power of the proxy Roll Eyes
7  Bitcoin / Legal / Re: Bitcoin Gambling on: July 19, 2015, 02:43:24 PM
So my next question.. How are they still operating on the open web?

Lol, how does everything else operate on the open web? Torrent sites, warez sites etc etc. Not all things are illegal everywhere. Some countries ban gambling and porn, but people can freely view them online. Usually the sites are hosted in countries with lax preferences on this or outside the jurisdiction of the certain law enforcement agencies that would take them down. If they were hosted in the US they likely would get taken down pretty fast.

Good point, got any examples of the countries with laid back gambling laws?
8  Bitcoin / Legal / Re: Bitcoin Gambling on: July 19, 2015, 02:08:17 PM
So my next question.. How are they still operating on the open web?

Offshore hosting. They don't directly operate on countries that dislikes their content. If feds are on their asses, they'll just hide in the bush for a while and pop out like a mushroom.

Registering their domain openly or anonymously?
9  Bitcoin / Legal / Re: Bitcoin Gambling on: July 19, 2015, 01:51:12 PM
So my next question.. How are they still operating on the open web?
10  Bitcoin / Legal / Bitcoin Gambling on: July 19, 2015, 01:32:51 PM
Afternoon Guys,

Question about BTC gambling Wink

Is it regulated in the same way traditional online casinos and gambling centers are regulated, which accept fiat for payment? Or do the rules not apply..

Much appreciated Cool
11  Bitcoin / Bitcoin Discussion / Re: Mainstream Adoption on: July 18, 2015, 03:54:13 PM

With that in mind, how long do you think you guys are going to be waiting for those precious BTC to become precious value?

What would you class as a precious value?

I think it'll be five to ten years before it starts to make proper headway and even then there'll be a long way to go.

There's no risk in getting on the internet, sending your first email or getting a smart phone. This thing is a much harder sell.

I was aiming towards monetary value but agreed buddy Smiley
12  Bitcoin / Bitcoin Discussion / Re: Mainstream Adoption on: July 18, 2015, 03:47:11 PM
Hey guys,

It's been dawning on me for some time that there is one thing that businesses must hate.. credit card fees. So with this in mind why is mainstream adoption taking so long! We're not saying invalidate fiat currency and only accept BTC or Alt-coin but businesses don't seem to want to touch it?

What do you guys think the real issue is? Education among consumers and businesses? Volatile BTC price?

Tully

Mainstream adoption hasn't even begun. Why is it taking so long? Well why did it take so long for the internet to become mainstream? Why did it take so long for people to stop using paper mail and using email? Why did it take so long for people to stop fearing the concept of paying for something you aren't seeing in real life? (internet shopping).

Dude, radical change takes time, and guess what... Bitcoin is the most disruptive technology since the internet itself.

With that in mind, how long do you think you guys are going to be waiting for those precious BTC to become precious value?
13  Economy / Service Discussion / Re: Anybody getting the nanocard? on: July 18, 2015, 02:11:00 PM
I like how they announce this card to be: "Versatile, global, anonymous" But I can't see any info on how exactly this anonymous status is achieved with Debit Card.
Also this: "Low commission: We guarantee the lowest commission on all card transactions, as well as low service fees." - But Fees are still there, and there are probably on par with standard debit card fees.

Bitcoin Debit card is option for desperate Bitcoin Users who want to use bitcoin at any price. I will wait for direct bitcoin acceptance.


Volatility will be a massive issue with regular use, and from one day to the next but same here, no mention on the anonymous part..
14  Economy / Service Discussion / Re: Anybody getting the nanocard? on: July 18, 2015, 01:31:11 PM
Does this thing allow the instant transfer of BTC to fiat? and all the transaction made in stores anonymous (on the system obviously)?
15  Bitcoin / Bitcoin Discussion / Re: What was your last purchase with bitcoin? on: July 18, 2015, 01:20:00 PM
We run an online market place for Android TV Boxes. We have recently began to accept bitcoin, however the purchases through this method have been minimal.

Our wonder is, if bitcoin is truly being used as a currency or not. If so, what did you last purchase with your bitcoin?

I think one of the most important things to consider is: Why do these people have BTC in the first place? Even though purchases are made through the currency, it doesn't mean that every single BTC user is looking to buy things with it. A lot of people are just holding for something better on the horizon. Like mentioned earlier, grab the market size for customers actually wanting to purchase an android box (me as a matter of fact, but just have to bring myself round to actually buy one) and cross-check that against customers who actually have an incentive to buy through BTC (as for me I would rather pay through credit/debit card because it is a much simpler route to get funds from A to B. BTC funds probably won't cover it unless buying more atm).

16  Bitcoin / Bitcoin Discussion / Re: Mainstream Adoption on: July 18, 2015, 10:23:13 AM
Looking at the responses I think one of the key issues is education. BTC is tarnished in the sense that the media consistently pump out stories involving drugs, crime and how it is used with the dark web in general. At the same time I think organisations need to look at BTC and figure out "how does it benefit us?", which at the moment the spot for processing payments looks like a ripe opportunity for BTC startups.

I'm no expert but the process of sending and receiving BTC opposed to sending currency through central authorities has so many extended benefits (processing fees, speed) but at the same time lacks the same type of security banks offer but obviously there services such as escrow.

As stated before I don't think there a huge array of benefits for your every day customer wanting payment options but does have its pros (Greece).
17  Bitcoin / Bitcoin Discussion / Mainstream Adoption on: July 17, 2015, 09:58:12 PM
Hey guys,

It's been dawning on me for some time that there is one thing that businesses must hate.. credit card fees. So with this in mind why is mainstream adoption taking so long! We're not saying invalidate fiat currency and only accept BTC or Alt-coin but businesses don't seem to want to touch it?

What do you guys think the real issue is? Education among consumers and businesses? Volatile BTC price?

Tully
18  Economy / Service Discussion / Re: Bitcoin Laundry/Mixer on: July 17, 2015, 09:25:25 AM
What would be a popular mixer with plenty of volume?

https://bitmixer.io/

FULL OBSCURITY FOR THE PEOPLE! jokes, I bet the mixers keep records.

If you are that paranoid, go through 2 different mixers.
It is double the fee, but the chance that they are in cohoots is very low

Just learning the ropes at the moment, interested in how DarkWallet is going to fair in the up and coming months Roll Eyes

last time i checked zero coin was in better position than darkwallet, because it was based onf zero-knowledge proof

i would simply use monero for now, if i want to avoid tracking, you sell monero for goods here on bitcointalk, i'm sure there are those who can accept it, it's pretty stable as a currency

Had a glance at ZeroCoin but never really gone any further.

How would it be possible to track back to the origin source if the transactions were mixed, broken down and distributed across random intervals- all to different addresses?

Magic. IT would be very difficult to tell and maybe even impossible in some cases but it all depends on  how well they're mixed.
It would be impossible in all cases unless the mixer sites store information on the customers as they don't forward payments but mix with other payments and the original will have no connection with the final one.

Thanks for rounding the point up. My thoughts exactly bud Smiley
19  Economy / Service Discussion / Re: Bitcoin Laundry/Mixer on: July 16, 2015, 06:28:08 PM
What would be a popular mixer with plenty of volume?
20  Economy / Service Discussion / Re: Bitcoin Laundry/Mixer on: July 16, 2015, 06:18:47 PM
FULL OBSCURITY FOR THE PEOPLE! jokes, I bet the mixers keep records.

If you are that paranoid, go through 2 different mixers.
It is double the fee, but the chance that they are in cohoots is very low

Just learning the ropes at the moment, interested in how DarkWallet is going to fair in the up and coming months Roll Eyes
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