Bitcoin Forum
May 28, 2024, 04:33:00 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Micro Earnings / Re: My bitcoin site brings in 10,000+ hits a month... what do i do on: September 01, 2015, 02:01:07 AM
Your getting 10,000+ hits or visitors or unique visitors? 10,000+ hits is not a lot. That means for every image, webpage or what ever file is being pulled equals a hit. You can have 50 hits on one webpage alone for just one visitor. You need to figure out how many unique visitors you get per day to see what kind of money you can make.

I think you are confused about what hits are. You do not get a hit for every file being pulled. This is false. Everytime the page is reloaded or navigating through the site this may count as a hit, but not how you're describing it. Still, unique visitors is the better metric.

Every time a webpage is reloaded or visited, it's a view, not a hit. It's a hit for every file pulled for that webpage that is visited.
http://www.webmarketingnow.com/tips/hitsvsvisits.html
http://www.networksolutions.com/support/what-is-the-difference-between-a-hit-a-pageview-and-a-visitor-2/

He actually has 10,462 views (not hits) and 7,384 unique visitors going by his stats. He is actually doing pretty good for being up only 3 months. He should look into getting sponsors/ads.
2  Economy / Micro Earnings / Re: My bitcoin site brings in 10,000+ hits a month... what do i do on: August 31, 2015, 06:40:02 AM
Your getting 10,000+ hits or visitors or unique visitors? 10,000+ hits is not a lot. That means for every image, webpage or what ever file is being pulled equals a hit. You can have 50 hits on one webpage alone for just one visitor. You need to figure out how many unique visitors you get per day to see what kind of money you can make.
3  Bitcoin / Bitcoin Discussion / Re: OPENBAZAAR please save us, look at my current situation with EBAY. on: August 07, 2015, 05:22:07 PM
I'm no lawyer, but I'll give you what I know about trademarks. I don't know what the laws are in the EU, but you can't just trademark words (or I could just trademark ASS or what ever I want). It has to be something unique and different. Hakuna Matata is a Swahili phrase according to Wiki
https://en.wikipedia.org/wiki/Hakuna_matata
IBM or Microsoft are words that are unique. Hakuna Matata doesn't look unique. They would have a hard time winning in court in my opinion (remember, I'm no lawyer). I don't think they would get much unless they can show you damaged them in some way.

You might want to bring up with them that they can lose their trademark because what they have can't be trademarked and you'll let the trademark office know.
4  Bitcoin / Bitcoin Discussion / Re: Biggest Stock Market crash coming in 2016 - What advice do we have? on: August 04, 2015, 01:38:51 AM
The stock market usually goes through a 7 year cycle. Since the last crash was in 2008, 2015 would be the next crash. It's usually in or at least around October. I've seen a lot of people say September of this year. If you look at history, that is when the signs show that the stock market is start to go down (the big guys start taking their money out). Then by October, everybody sees what's going on and the crash happens. I'm not saying it'll happen this October. I'm just looking at what I have seen the past couple of decades.
5  Bitcoin / Bitcoin Discussion / Re: the blockchain will be hacked on: July 27, 2015, 03:19:31 PM
If bitcoin is used by billions of people the number nodes will grow in proportion to the people using it. And bitcoin can still handle the transactions.

Wrong

Miners are the nodes and wasn't nodes going down due to some states they were in are not node friendly.

Plus it doesn't matter how many nodes are writing to the public ledger as the stress test showed, the transaction volume choked it, there's plenty of nodes but the system wasn't designed to handle millions and millions of transactions in a day.

EDITED OUT

I've got years into btc, been taking it for years, I still take it today, only now I don't hold any of it, no long term growth IMO.

Opinions are like you know what, but my opinion comes with a .2% EXPERT RATING on Social Media.

Here's my credentials, I'm expert on quite a few things and bitcoin is one of them.

So it's been HACKED and the nodes can't handle a global demand, period, bitcoin is over but for now it can still be turned into fiat until a UN backed global crypto comes along with a global group managing it.

It's hard to believe your a expert when you say miners are the nodes. If you have your own wallet, then more then likely your running a node. It's hard to believe anything you say, when you don't even know the basics and yet call yourself a expert. I can only believe you joking around.
6  Other / Off-topic / Re: Bitcoin and Porn on: July 26, 2015, 06:07:14 PM
well bitcoin is an option to pay for a service on this case some pay for porn ,others can pay for, developing a website, anything now can be paid with bitcoins as  long as the people accept it know it .

exactly bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.

I think there is only 2 or 3 banks in the US that will give out a adult merchant account. You have to show them your doing at least $100k/monthly to. I take bitCoins on a fetish site I have that I can't take credit cards for because of the content (the banks won't allow certain fetishes if you have a merchant account). The big problem I see is converting bitCoins to cash for some of the larger porn sites. I have a friend that does $3million/monthly. If just 10% of his business is bitCoins, he would have to convert $30k/monthly to cash. His dad doesn't want him taking bitCoins either because he is afraid of some US regulation on bitCoins and doesn't want to deal with it.
7  Bitcoin / Bitcoin Discussion / Re: Is wealth boring? on: July 25, 2015, 03:27:31 PM
You never "have enough" of money. You are always greedy for more. For example see the wealthiest people- do they seem like they're not trying to earn more money?

People aren't always greedy for more. Wealthy people just put there money some where that makes more money, cause they have to do something with it. You can put only so much money in the bank before you have to start putting it into something the preferable makes money. Doesn't make that person greedy. I found at $20k/monthly I was making more money then I needed. Anything that I had made over $20k, I put into stocks or some other investment. A lot of times, I just gave away some of the extra money to friends that needed help with rent or a car payment/repair. I have a friend that makes $3million/monthly. He buys properties and other investments. Not because he wants more money, but because he needs to put that extra money some where.
8  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 30, 2015, 03:40:22 PM
It's not a bank your talking about, but a currency exchange (which a lot of banks do), but there are also places that just offer currency exchange. It would be nice if you could go to a currency exchange and convert bitCoins to cash and visa versa.

You originally put your money into banks to make interest and the banks would loan out that money at a higher interest. Banks used to beg for your money (they actually did give away toasters if you opened a account and you actually made ok money with the interest when I was a kid). Banks suck you dry now with all their fees.

The only way a bank would work with bitCoins is if they could make money from your deposits. bitCoins is not big enough at the moment for banks to make money from it. Until that happens, you'll be hard lucked to find a bank to take bitCoins as a deposit. They would also have to offer a incentive for people to want to deposit bitCoins into the bank.


I said nothing about looking for a bank that does it, I'm saying now why not just start one?

of course a bank makes money from loans to pay interest. that's exactly my point. Why are people referencing exchanges which are often anonomous and don't do what I'm suggesting ie provide a front of shop service which would work like any other bank and holds your money for you and gives you a card you can use that is denominated in fiat.

I think people have such a distorted view of what a bank is that they simply can get their head around the fact banks existed in the past and were not much bigger a business that a hardware store. A bank simply stores people money safely and loans as much as it thinks is viable to keep them in business and attract savers. it's not rocket science. An exchange isn't anything like what I'm saying. With this concept users wouldn't use Bitcoin they would use fiat up to the value of their Bitcoin in their account. YOU WOULDNT DEPOSIT BITCOIN, YOU WOULD DEPOSIT FIAT.

If I was Greek right now I would run at a bank that was backed by Bitcoin and if it existed and worked just like any other bank that even your mom could relate too, no Bitcoin wallets not secret keys, none of the shit that stops average people touching Bitcoin. A bank like this would have to focus on security, just like banks used to, ie vault etc. So they would want to hold Bitcoin in the most secure wallets and have multiple wallets etc, everything encrypted etc. Maybe if possible insurance that guarantees a persons deposits.

This is where Bitcoin needs to go for the mainstream.

The thing is that your talking about a currency exchange. Banks don't back up fiat money with some other type of currency. Why would a bank let you deposit fiat money and then back it up with something else that changes in price compared to that same fiat money? What would be the benefit to the bank or the customer? bitCoins fluctuate in price when compared to another currency, just like gold does. Either the bank would lose money or the customer would depending on which way the price of bitCoins compared to the fiat money goes.


What you have shared is pretty sad. Ypu basically have said fiat is safe while Bitcoin isn't. If you believe Bitcoin grows from this point then depositors would only be winners in terms of fiat value. You don't think in the early banks the value of Gold changed?

That is not what I'm saying. I think I'm not explaining my self right or something. Banks, "don't back up money with some other type of money". They or the customer would lose money if they did that. For example, if I deposit Euros into a US Bank, they will immediately convert (currency exchange) it to USD and only return it to you in USD (unless you want to do a another currency exchange). If a bank did what you want, they would convert the fiat money to bitCoins, but only give back in bitCoins. The reason is that bitCoins fluctuate compared to the fiat money. You can have the bank do a currency exchange from fiat money to bitCoins, but you would have to do another currency exchange if you want the bitCoins returned to you in fiat money because the difference in the fiat worth compared to the bitCoin worth.

Banks don't backup money with some other type of money pretty much because either the customer or the bank would lose money. Early banks didn't back fiat money with gold and never have. Your thinking of the US goverment backing US dollars with gold and they made it so that gold couldn't go up or down in price.

Edit: To give you a better example why banks don't and never have backed up fiat money with something else. Say I deposited $900 into a bank when it was $900 per bitCoin and the bank converts it to bitCoins. I decide to withdrawal my money today at the price or $250 per bitCoin and the bank converts it back to the US dollar. I just lost $650 and the bank just made $650 off of me. Let's say I do a deposit of $20 back when it was $20 per bitCoin. I decide to withdrawal my money today at $250 per bitCoin. I just made $230, but the bank just lost $230.
9  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 29, 2015, 04:17:10 PM
It's not a bank your talking about, but a currency exchange (which a lot of banks do), but there are also places that just offer currency exchange. It would be nice if you could go to a currency exchange and convert bitCoins to cash and visa versa.

You originally put your money into banks to make interest and the banks would loan out that money at a higher interest. Banks used to beg for your money (they actually did give away toasters if you opened a account and you actually made ok money with the interest when I was a kid). Banks suck you dry now with all their fees.

The only way a bank would work with bitCoins is if they could make money from your deposits. bitCoins is not big enough at the moment for banks to make money from it. Until that happens, you'll be hard lucked to find a bank to take bitCoins as a deposit. They would also have to offer a incentive for people to want to deposit bitCoins into the bank.


I said nothing about looking for a bank that does it, I'm saying now why not just start one?

of course a bank makes money from loans to pay interest. that's exactly my point. Why are people referencing exchanges which are often anonomous and don't do what I'm suggesting ie provide a front of shop service which would work like any other bank and holds your money for you and gives you a card you can use that is denominated in fiat.

I think people have such a distorted view of what a bank is that they simply can get their head around the fact banks existed in the past and were not much bigger a business that a hardware store. A bank simply stores people money safely and loans as much as it thinks is viable to keep them in business and attract savers. it's not rocket science. An exchange isn't anything like what I'm saying. With this concept users wouldn't use Bitcoin they would use fiat up to the value of their Bitcoin in their account. YOU WOULDNT DEPOSIT BITCOIN, YOU WOULD DEPOSIT FIAT.

If I was Greek right now I would run at a bank that was backed by Bitcoin and if it existed and worked just like any other bank that even your mom could relate too, no Bitcoin wallets not secret keys, none of the shit that stops average people touching Bitcoin. A bank like this would have to focus on security, just like banks used to, ie vault etc. So they would want to hold Bitcoin in the most secure wallets and have multiple wallets etc, everything encrypted etc. Maybe if possible insurance that guarantees a persons deposits.

This is where Bitcoin needs to go for the mainstream.

The thing is that your talking about a currency exchange. Banks don't back up fiat money with some other type of currency. Why would a bank let you deposit fiat money and then back it up with something else that changes in price compared to that same fiat money? What would be the benefit to the bank or the customer? bitCoins fluctuate in price when compared to another currency, just like gold does. Either the bank would lose money or the customer would depending on which way the price of bitCoins compared to the fiat money goes.
10  Bitcoin / Bitcoin Discussion / Re: Is there a Bitcoin backed bank? on: June 28, 2015, 05:43:21 PM
It's not a bank your talking about, but a currency exchange (which a lot of banks do), but there are also places that just offer currency exchange. It would be nice if you could go to a currency exchange and convert bitCoins to cash and visa versa.

You originally put your money into banks to make interest and the banks would loan out that money at a higher interest. Banks used to beg for your money (they actually did give away toasters if you opened a account and you actually made ok money with the interest when I was a kid). Banks suck you dry now with all their fees.

The only way a bank would work with bitCoins is if they could make money from your deposits. bitCoins is not big enough at the moment for banks to make money from it. Until that happens, you'll be hard lucked to find a bank to take bitCoins as a deposit. They would also have to offer a incentive for people to want to deposit bitCoins into the bank.
11  Bitcoin / Bitcoin Discussion / Re: OpenBazaar founder: We aren't the next Silk Road on: June 26, 2015, 05:24:05 PM
So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!