 Show Posts
|
|
Pages: [1]
|
|
My paradigms are ready. Shift them!
|
|
|
|
|
This sounds pretty cool. Do withdrawals to Hong Kong banks qualify for the offer?
|
|
|
|
We're Hong Kong-based and pretty activity in both the Hong Kong and New York tech/startup scenes. Be sure to say hi! I'm planning to stop by the Bitcoin HK meetup next week - if anyone wants to meet up and chat bitcoin, economics or software testing. http://www.meetup.com/Bitcoin-HK/events/111152832/ |
|
|
|
|
More background:
From the beginning, we've always paid our testers via PayPal..pretty much because that was the only option that to maximize our country coverage without having the high fees and hassles of bank wires. We didn't want to be leave people out just because they happened to be born in the wrong country.
In the last couple years, we've seen more and more countries have problems receiving PayPal payouts. Many of these countries are located in the Indian Subcontinent and former Soviet states - Areas with strong and competitive IT talent. China has always been a no go zone for cross border PayPal transactions because of strict foreign currency and capital controls.
We've gotten email upon email from frustrated testers located in these countries who had little recourse when their government shut off access to the local banking system but to go through great expense to open a bank account outside their home country or have their PayPal funds wired to them.
Frankly, the situation is ridiculous...governments shouldn't be standing in the way of their hard working citizens getting paid.
Hopefully Bitcoin will bring some sanity to the situation.
|
|
|
|
Hi All, I'm Larry, co-founder of Pay4Bugs, the pay per bug software testing marketplace. Our customers post projects (software, websites, apps, etc) on Pay4Bugs and off to pay our testers money ("bug bounty") for each valid bug or issue they report. Customers don't pay unless they get results. Testers only get paid if they provide useful bug reports so that customers can fix the bugs before these defects hurt their own business. Today, we announced that we're offering Bitcoin payment as an option in addition to PayPal for testers who have earned money on Pay4Bugs. This means you can get paid in Bitcoin for finding problems in other people's software. You can read more here: https://www.pay4bugs.com/blog/2013/04/10/bitcoin-payout-for-testers/ |
|
|
|
It's an interesting irony that some people will require a great deal of trust to exist before they'll spend their no-trust currency.
The additional time and difficulty involved with realizing BTC revenue compared to that of USD through a single payment processor will have many merchants such as myself taking a pass on it for now.
Uhmm you didn't really think that through did you? Merchants have LESS up-front risk with bitcoin payments - with Paypal and credit cards you have to worry about charges getting reversed, and it takes a LONG TIME to get your money. The buyer accepts all of the risk when he prepays with bitcoin. I don't see any irony in people being careful with their money. BTC is great for merchants - not so good for consumers - people are willing to buy things with credit cards because if the company doesn't follow through, they can get their money back. This doesn't currently exist with BTC. There's no reason BTC denominated credit products (credit cards, etc) couldn't exist. In fact, there's a real need for such products: not only for consumer protection, but also for subscription style transactions. What consumer wants to prepay a year or more in advance or remember to send bitcoin to keep a subscription current every month? |
|
|
|
If you're accepting Visa and the fee is 0, you should become a merchant account/gateway provider because everywhere else in the world charges 2-3% + US$0.15-0.30+ per transaction not including the risk and fees from chargeback.
 ? I am speaking as a customer. When I want to send 1 cent by paypal, I pay 26 cents (1 for the transaction + 25 as fees). When I want to pay something in a shop or a restaurant I pay the price + 0 fee. I don't care if the shop does not receive 100 % of it. If I had paid with cash that would have been the same price. Paying 1 million time the amount you want to send as a customer is just far away from acceptable. We the merchants are charging you more to cover the costs of accepting your visa - that's why so many merchants give cash discounts. The same will happen with bitcoin. Dont know many merchants that would prefer to accept visa and pay 3% versus paying 0.0005. |
|
|
|
|
I'd be interested to see the daily transaction value of BTC at Mtgox as a percentage of the rest of the BTC economy. Wouldn't be surprised if it is more than 50%. In this case, a lot of the value of BTC as it regards to fiat is exposed to the credit risk of mtgox. If everyone sells, even if you sell early, mtgox withdrawal limits would keep you from getting the cash for a long time.
|
|
|
|
I think they are wrong in this case.
The guy doesn't stop talking about gold, and nobody says bitcoins are going to compete directly with gold or even other fiat money. Bitcoin will be successful ONLY just by taking away a part of paypal's and Visa markets. Those are their competitors and only with that its future is guaranteed as an exchange medium for some type of transactions. That might help stabilizing its price and allowing it use as the "digital poor's man value keeper".
How the hell are you believing that bitcoins will ever compete with Visa or paypal when the fees are like: - 0 for Visa - 25 cents for paypal - 1 million time the amount you're sending when you're sending 0.0000001 btc If you're accepting Visa and the fee is 0, you should become a merchant account/gateway provider because everywhere else in the world charges 2-3% + US$0.15-0.30+ per transaction not including the risk and fees from chargeback. |
|
|
|
Does anyone know what the license is to the bitcoin logos? I understand that the page https://en.bitcoin.it/wiki/Promotional_graphics is under a creative common's attribution license, but there's no information about the authors of the specific logos. Thanks. |
|
|
|
The person in the video you linked to says Bitcoins aren't useful because you can't do anything but trade them and because of this they're not valuable. Hard to imagine a real "Austrian Economist" making such a comment. Every major currency used in the world has this same feature - being useless beyond its ability to facilitate trade. The ability to facilitate trade in and of itself is a valuable service. Anyone who disagrees is more than welcome to send all of their bitcoin and fiat currency my way.  He may be "Austrian" but an economist? No. |
|
|
|
|
does being "online" 4 hours mean just leaving the the forums open in your browser for 4 hours? Assume there's an inactivity timeout?
|
|
|
|
|
Hi all! We're working on Bitcoin payout support for one of our products. Thought it was time to come out of the shadows and stop lurking.
|
|
|
|
|
