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I made the decision in January to save for my (end of September) honeymoon in bitcoin. In the last few months, I'm getting slaughtered. I've held strong and not sold a bitcent that wasn't required. It's getting close enough (2 weeks), that I'm starting to worry...
So, the question is... sell now, or sell in two weeks?
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Would funding your PayPal account with BTC allow you to live on BTC?
If PayPal were to allow either funding of accounts with BTC, or denominating account in BTC... would you move away from fiat and over to BTC? I can pay for almost everything (exceptions being rental cars... something else?) with my PayPal debit card. I can pay almost all of my bills with PayPal or my PayPal debit/credit card. I would likely move to immediately convert my pay each week to BTC. The biggest problem I would have would be staying under the CoinBase instant buy limit.
Has anyone else considered this?
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I was less than happy about the ambiguity of the announcement yesterday. I think we all understand why major players accepting bitcoin has not had an immediate positive effect on the market rate. Depending on how braintree/paypal implement, this may have the same effect on the price. Here are the implementations I can see, and likely they are phases.
1) Accepts bitcoin, immediately converted to USD.
2) Accepts bitcoin, allows storage as either USD in paypal wallet, or BTC in coinbase wallet.
3) Accepts bitcoin, stored as 2, but allowed to fund coinbase BTC purchases with PayPal Balance USD (really no different than withdrawing cash at an ATM, which they already allow)
4) Accepts bitcoin, stored as 2, funded as 3, but allows paypal purchases to be funded by coinbase BTC.
Any implementation past #4 (paypal wallets denominated in BTC) would likely require a paypal buyout of coinbase, which I find extremely likely.
#1 will obviously apply downward pressure on the markets. #2, while there would be a reduction in the downward pressure, I don't believe it will be positive price wise. Because paypal will make it's cut, there is not the incentive to use BTC over other methods, so non-btc users will not seek out btc solely to make their purchases. #3 will have mild upward pressure on the price, as people who are borderline will have an easier time making btc purchases. #4 will have major upward pressure on the price, and will likely induce the next major price movement.
Anyone have a different opinion?
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What do you guys think of the concept of Bitcoin seconds/minutes/hours/days, with regards for speculation on how any technology/adoption will affect the price of bitcoin?
A bitcoin day would be 1 bitcoin for 1 day. So if takes 24 hours for you to purchase $582 (coinbase price atm) in goods, and for it to be converted back to fiat, that would be one bitcoin day utilized.
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I'm looking for a local buyer. West Central Florida preferably. I've got a few BTC worth of silver. I'll inventory it tonight. At least 60 Silver Eagles in tubes, and lots of everything else. Will take BTC or cash in person. Price will be based on gainesville coin, and exact price will depend on quantity and distance.
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What happens when *WE* are the wealthy elite?
"WE" being the early early bitcoin adopters. The pioneers. Back when this forum was full of hackers, libertarians and anarcho-capitalists. What happens when bitcoin wins, and the wealthy elite hold very anti-establishment, anti-state points of view?
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I'm getting married. Not in the state sanctioned or religious sense. In the economic partnership sense. It is going to be a contract between my future wife and I, that lays out our expectations and commitments to each other. Thinks like what our responsibilities are in the event of serious injury or illness, what the restitution will be for infidelity, and how we define infidelity. In our opinion, this is far more meaningful and useful than state or church approval. We are going to hold a somewhat traditional ceremony, reception, and honeymoon. We have been saving for it all in bitcoin. We knew all along it was a risk, and started saving when bitcoin was on it's way down from $1000. We are hope it works out to be a solid store of value, but we've also discussed wedding presents to each other based on the price of BTC in the week or so before the wedding in October this year. We've also included a bitcoin donation address (nothing donated, 1MiNM3YbSgv1pS97vpUyW9FNQZn23fLeTv) and a link to "What is bitcoin?" on bitcoin.org, on our wedding website.
We've tried to remove the state entirely from our wedding... but to have a binding contract, we'd like some for of a notary. That's what this post is about. I want to notarize our wedding on the blockchain. I'm under the impression it can be done, but I've never heard of it being done, and I don't know how. I'm sure someone here knows how it can be done. I'd really like to see how we could incorporate it in to the wedding. Basically to replace the part where the marriage license is traditionally signed.
Any help is much appreciated.
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Selling my ORD BOT Hadron. Professionally built. I've been running it for about a year now. Paid $1500. Will take $800 in BTC. US only.
Only selling to help pay for a bigger printer.
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I'm looking for a developer who is familiar with developing android apps, and the bitcoin protocol at a technical level.
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In Florida. Happy to pay btc, in Florida. Escrow or meet in person.
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Where is John K?
He is holding 100 BTC in escrow that was due to be paid out 3 months ago.
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Es majamalu un fideicomiso de confianza? Yo no hablo español, así que estoy teniendo problemas para clasificar a través de las fuentes españolas para determinar la reputación. Por favor, hágamelo saber su experiencia con majamalu como un fideicomiso, bueno o malo. Simplemente estoy tratando de ser prudente, no tengo ninguna razón para creer majamalu es todo menos digno de confianza.
Gracias.
Is majamalu a trusted escrow? I don't speak spanish, so I'm having trouble sorting through spanish sources to determine a reputation. Please let me know your experience with majamalu as an escrow, good or bad. I'm simply trying to be prudent, I have no reason to believe majamalu is anything but trustworthy.
Thank you.
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XENLAND has been working on a web project for me. I put a payment down, and the balance is due on delivery. Problem is he's gone MIA. Hasn't signed in to the forum since 9/30, and isn't answering personal emails. He's been absolutely great to work with, so this has me a bit worried. Has anyone else had any contact with him in the last 2 weeks?
Thanks!
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I got engaged this weekend (yea!) but it got me thinking. We've long talked about keeping the state out of our marriage. We plan on having a full traditional non-religious wedding. We are going to spend the next year negotiating a marriage contract. The ceremony will celebrate the signing of the contract, with witnesses and whatever. I'm sure there is some sort of an AnCap wedding vow/contract around... but I haven't started looking yet. I've joked about sending a wallet address and QR code out with the invites rather than registering for gifts. More than likely I will include that along with a traditional gift registration.
My ring will be made from an old silver coin from her country.
Anyone else have any ideas for incorporating BTC in to the wedding plans?
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I've been poking around at Ripple for a few weeks now. A week or so ago I put in an order for BTC with XRP. Today I come back and it's been filled. I now have BTC in my Ripple wallet. My question is, how do I get it out of the Ripple system, and into my BTC wallet?
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I've got 60. Looking for $5 over spot, which seems to be the going rate for physical at the moment. Something like  Will happily use an escrow. You will pay actual shipping, insurance, and delivery confirmation charges. If you're in Florida, we may be able to meet and exchange in person. |
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I'm going to send a mining rig to a location where power is basically free. So what I'm looking for is Mhashes per $, nothing else. Let me know what you have.
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