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1  Bitcoin / Bitcoin Discussion / Re: Why does Bitcoin not have a heartbeat? on: March 19, 2015, 03:51:14 PM
it is still too much of a hassle to use.  and no consumer protection.  Those are 2 huge reasons
2  Economy / Speculation / Re: I already sold all my coins... waiting to get back at $200 on: March 19, 2015, 11:39:07 AM
bitcoins real unique characteristics have been overshadowed by speculative buying.  I wouldnt be surprised if were back under 200 soon.
3  Economy / Marketplace / Re: Ebay/Paypal's ridiculous fees on: March 16, 2015, 07:44:22 PM
Agreed paypal fees are horrible.. something must b done!

The thing that bugs me is that the ebay fees are calculated on the whole sale amount, even though you have no choice but to get the money through paypal.  The 10% ebay fee should be calculated on the amount you actually get in your paypal account, after paypal fees.  I feel like they double dip there, on top of their already outrageous fees.

They unfortunately don't consider the PayPal fee and charge their sole 10% on all products with the result of which people over price their product and rarely get any sellers. I also tried to auction my product but closed it when I realized I am losing PP fee of 4.5% + $0.35 and their 10%. It isn't worth my time.

Yeah, eBay is now the absolute last place I turn to if I need to sell anything.  I can sell for less, but pocket more money by going through btc or locally.  I think they are hurting themselves cause a lot of people are stopping selling mainly b/c of the fees.
4  Economy / Marketplace / Re: [PSA] Public Service Announcement - Regarding all Gift Codes sold here on: March 09, 2015, 12:41:24 PM
The forum rules clearly state that illegal goods are not allowed, yet the mods do nothing to stop these people.  And people aren't indirectly supporting fraud, they are DIRECTLY supporting it.  Plus if they couldn't get un-reversable (and anonymous) payments in BTC, they would have a much harder time peddling their stolen goods.  Stop buying from these scam artists.

I asked the mods few days back about selling these illegal goods and they said that there is no way for them to find that the gift card is stolen. When the sellers specify that the cards are going to expire, isn't that obvious to the members and mods?

I don't buy these cards in any case but am saddened by the amount of fraud going on here.

Yeah the mere fact they are expected to go bad and are replaced with no questions asked (and replaced for free) shows that they aren't legit.  Anyone with half a brain can see that.  And I think people have called starbucks and they were given the explanation that the cards were shut down "due to fraud."  That should be enough for the mods.
5  Economy / Marketplace / Re: [PSA] Public Service Announcement - Regarding all Gift Codes sold here on: March 09, 2015, 12:16:17 PM
Starbucks and Amazon carded gift cards are being sold here almost daily and people are buying them indirectly supporting this fraud. It needs to be stopped to save the forum's reputation as many just come here to sell their illegitimate goods which does not give out a good name of this forum.

The forum rules clearly state that illegal goods are not allowed, yet the mods do nothing to stop these people.  And people aren't indirectly supporting fraud, they are DIRECTLY supporting it.  Plus if they couldn't get un-reversable (and anonymous) payments in BTC, they would have a much harder time peddling their stolen goods.  Stop buying from these scam artists.
6  Economy / Speculation / Re: Why do bulls mock Tim Draper? on: March 06, 2015, 01:38:53 AM
Anyone mocking him is crazy. He said he bought them with a long term mindset. I think he said he's looking at a 3 year  horizon if I remember correctly. Obviously you don't get to his level if you constantly worry about day to day price movement. He's in it for the long haul, and I think he's right that btc is here to stay. As for price increase, I don't know how long it will take to go back up. Probably years
7  Economy / Goods / Re: [WTB] Original NES with games on: March 05, 2015, 08:05:02 PM
Looking for an old school NES system with games + 2 controllers + gun. Let me know what you have, and how much you are asking for it. I am located in the USA for shipping.

I recently got rid of mine, only because it wasn't worth the hassle of screwing with the cartridges every single time just to get them to work.  Now you can download the classic titles anyway if you have a wii!  I know its not the same as the old school nes, but a lot easier (and works 100% of the time)

I think your missing the point at the core.
Anyone who is interested in buying an old school NES grew up in the 80's.

There is a special sense of nostalgia having to take out the cartridge and blow, move to the left or right, and take out and blow it again...

It takes you back and thats worth the effort.
Long live the NES, one of the best inventions of all time!

I fully agree, the original NES is awesome, and was the only thing I had to play until the N64 came out.  But that "special sense of nostalgia" to me is taking the cartridge out, wiggling it, hitting the reset button, getting a blue screen, and by the time its working you dont want to play any more.  Or it would freeze as soon as you start the level.  I for one dont have the time for that anymore  Cheesy
8  Economy / Goods / Re: [WTB] Original NES with games on: March 05, 2015, 07:41:44 PM
Looking for an old school NES system with games + 2 controllers + gun. Let me know what you have, and how much you are asking for it. I am located in the USA for shipping.

I recently got rid of mine, only because it wasn't worth the hassle of screwing with the cartridges every single time just to get them to work.  Now you can download the classic titles anyway if you have a wii!  I know its not the same as the old school nes, but a lot easier (and works 100% of the time)
9  Economy / Speculation / Re: Since NYSE invested so much in Coinbase, moon guaranteed, right? ...Right? on: March 05, 2015, 02:22:58 PM
Sounds like moon but not yet guaranteed though. They could just pump the price and dump right in front of our faces = no moon.

Thats what I've realized.  The price does NOT have to skyrocket for "whales" to make money with btc.  They just have to get in and out at just the right time.  This is why I do not think we will see btc price rise drastically, at least it wont stay high if it does go up.
10  Economy / Speculation / Re: Since NYSE invested so much in Coinbase, moon guaranteed, right? ...Right? on: March 05, 2015, 01:42:19 PM
They invested in coinbase so it sounds like they are investing in the fact that btc use is here to stay, and they can make money when people use coinbase, regardless of the price.  I dont think their investment means much for price though.
11  Economy / Goods / Re: Looking to buy cards to be able withdraw PAYPAL money. on: March 05, 2015, 12:49:53 PM
Looking to buy cards to be able withdraw PAYPAL money. Please PM me with you offers. I'm from Europe.

Simple answer to your question go get yourself a prepay debit card that is tied to your address and link it to your paypal account and receive funds to it and also validate your account at the same time.

I believe the card PayPal Mastercard that they advertise has a $5 monthly fee though.  That.s why I didn't get it.  Your probably better off finding somewhere to buy a prepaid card with paypal funds, if you want to avoid their monthly fees.
12  Economy / Marketplace / Re: Ebay/Paypal's ridiculous fees on: March 04, 2015, 02:35:42 PM
Agreed paypal fees are horrible.. something must b done!

The thing that bugs me is that the ebay fees are calculated on the whole sale amount, even though you have no choice but to get the money through paypal.  The 10% ebay fee should be calculated on the amount you actually get in your paypal account, after paypal fees.  I feel like they double dip there, on top of their already outrageous fees.
13  Economy / Digital goods / Re: {Selling} - Starbucks Gift Card for 35% ☆★☆★☆★ on: March 03, 2015, 06:36:17 PM
These cards are obtained illegally. Buying them means you're supporting theft. It also means you will be liable in the (unlikely) case of prosecution.

Cheers.

Yes they are.  The mere fact that they regularly go bad and people expect them to go bad proves this.
The fact that "sofia" replaces them quickly and without hesitation also shows they are getting them free (ie getting them with stolen credit card numbers).

Anyone that uses these is supporting credit card fraud, theft and encourages these hackers to do more and more to steal information from legitimate business, such as Target, Home Depot, etc who have been targets of data breaches.
14  Economy / Collectibles / Re: New Physical Bitcoin - New Concept on: March 03, 2015, 03:48:21 PM
Thanks for answering questions, but I just have a few more concerns:

the reason I am pre selling this one is because of the extraordinarily high labor, time, travel and effort in producing them and the concept.

Ok, but in the real world you either fund your company yourself or get financing, then create a product to sell.  This setup is making the customers also kind of like investors, only with no return even if there is a long wait.

2. Escrow- No I don't really want to go down this road as I already have another coin in late design that I will be funding so the pre orders will help with cash flow as the process of making the coin goes.

If you are so confident in your process it seems like at least a portion of the pre-orders should be held in escrow.

Also, you say you are using these pre orders to fund another project?  This sounds exactly like what coinographic was claiming to do, take pre-orders (for coins that didn't exist and they had no means to create) in order to fund previously sold coins.

Also the pre sale is the only way to make sure all my efforts do not go to waste.

As opposed to refunding the customers if something makes this fall through?

Not saying you wont make this happen, I just have been disappointed in the lack of accountability in BTC related companies & products.  I for one will not be pre-ordering anything BTC related unless some sort of escrow is used, and a firm timeline of when the product can be expected is established.  I just think its somewhat arrogant to say that you for some reason don't need escrow, and must use a pre-order system, when many other coin makers have done fine without it.
15  Economy / Collectibles / Re: New Physical Bitcoin - New Concept on: March 02, 2015, 03:58:05 PM
Hi so basically that is exactly what I intend to do. The customer pays 270 GBP then when the coin is finished they will send 1 BTC so I will then ship the coin and then fund when the coin arrives to the purchaser. This way there is absolutely zero risk of the volatility of the bitcoin value.


That still doesn't solve the pre-order arrangement, I think that is also a concern.  Do you have firm quotes for your fabrication/machining costs?  What about variations in the price of silver?
16  Economy / Collectibles / Re: New Physical Bitcoin - New Concept on: March 02, 2015, 02:44:55 PM
Oh Actually just read about coinographic. Yes everyone has been stung by the fall in Bitcoin price but if you are going into a business with precious metal and bitcoin its very important in the current climate to not hold the monies in bitcoin. Remember I said:

I will take payment in Bitcoin for the 275 GBP to start with in bitcoin based on the sell rate on www.bitbargain.co.uk

This is so I can convert the BTC to FIAT immediately and hence you will not be getting any updates like 'sorry I kept all the sales money in bitcoin and the price crashed so all your money is gone' which is what I summarised in the coinographic episode.

Anyway I have been in the physical side of things for 2 years now and still going and still passionate about it. I am confident this series of coins will initiate some good press for bitcoin.

What about funding the coin?  What if BTC price shoots up even 10-15%?  Wouldnt it make sense to wait until the coin is made and then fund it right when each coin is ordered?  Doesn't that seem to be the only way to protect your business and the customers at the same time? 

Seems like you want to avoid the same preorder setup coinographic had...
17  Economy / Speculation / Re: The bears are losing their grip on: March 01, 2015, 01:15:29 PM
I dont think its the bears, its just simply returning to a reasonable price after the price was fraudulently manipulated to $1000+ by gox.
18  Economy / Marketplace / Re: [PSA] Public Service Announcement - Regarding all Gift Codes sold here on: March 01, 2015, 01:12:35 PM
You are right.  It doesn't take a genius to figure out these guys selling $1000's or tens of $1000 worth of Starbucks cards at 30% of face value to figure out they are using stolen credit cards.  I have tried to warn people as well that they are involving themselves in credit card fraud, and that people go to jail for that.  Someone somewhere is paying the price for their cheap coffee...
19  Economy / Collectibles / Re: 300 yo ancient relics for sale on: February 26, 2015, 06:05:50 PM
looks like a cookie shaped like a Christmas Tree to me...
20  Economy / Speculation / Re: We are headed to $50 on: February 25, 2015, 02:03:30 PM
I have a small buy order at $200.

Even that isn't getting filled after waiting weeks. There is no way bitcoin will reach $50.

Beyond impossible. Wink

No, I'd say its becoming more and more possible every day.  I just saw some major japanese retailer saying they are considering accepting btc, and historically that makes the price drop cause they instantly convert to fiat.  I think double digits are entirely possible, although that price may only last briefly...
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