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1403
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker
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on: February 05, 2013, 11:37:25 AM
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Welcome to the horizontal trend.
I would love that! It looks good on the daily charts already, now if we get some steadiness in the weekly charts.. Yay! Right now it looks like hell breaking lose is imminent! You surely mean "vertical trend", in the chart you linked? :-P Ente |
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1404
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Local / 中文 (Chinese) / Re: State of BTC<-> RMB and general chinese bitcoin economy?
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on: February 05, 2013, 09:23:35 AM
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I don't think that you have to trade in RMB at MtGox, you can do it in any currency.
I would suggest to trade in USD (being the largest market) and then withdraw in RMB (or HKD), the conversion from USD will be done at the local bank. If the merchants holds USD account at their local bank, then they will be able to receive USD without the conversion costs.
The payment processor is only good if it supports the local currency.
Solution: The e-shops can use the MtGox plugin to accept BTC, then sell the BTC for USD, then withdraw their USD to a RMB account of their choice. That would be the lowest cost to accept BTC.
I think that's the way to go! Enough volume, relatively low costs. Hopefully, with Bitcoin the immediate costs are lower than with paypal, with fees for BTC-USD and USD-RMB. We all agree on the long-term benefits, obviously ;-) So, one of my next projects should be to get in contact with the dozen hongkong superstores! Ente |
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1406
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Local / Deutsch (German) / Re: BAFIN VERBIETET GEWERBLICHEN BITCOINHANDEL
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on: February 04, 2013, 08:01:41 AM
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Also, what do?
a) "Heimlich" handeln, hoffen es geht alles gut
b) "Firmensitz" ins Ausland verlegen
c) Sich von der Community einen Prozess finanzieren lassen und es drauf ankommen lassen
d) Aufgeben und wieder Katzenfutter handeln
Da du, 2weiX, meines Wissens nach noch nie mit Katzenfutter gehandelt hast: gibts schon einen Schlachtplan?
Ente
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1407
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker
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on: January 31, 2013, 12:03:28 PM
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Sorry, I can't read anything. Even though youtube pretends to be on 1080p. No charts visible neither? So, was the 20.00 wall eaten? Or moved to 21.00? Where did that one come from anyway? Whoa.. I think by the time I get home everything is lost, for shooting some dollars at bitcoin! :-) Ente |
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1408
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Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits
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on: January 30, 2013, 08:23:41 AM
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Thank you a lot, Bruno!
As always, you are doing a great job here!
I will finalize it with the NGO as soon as I get a confirmation from BitPay, else I will get back to you in one week if nothing moved until then.
All right, friends! Let's get some more charities in here! :-)
Ente
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1409
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Economy / Services / Re: Introducing the Bitcoin 100: A Kickstarter for Charities
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on: January 29, 2013, 10:19:46 AM
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I don't want to drop the ball on the NGO I am in contact with. So I want to have definitive answers for them soon. Bitcoin to Euro transfers via SEPA, frensh bankaccount.
What would guys suggest?
BitPay with 4% fees, hassle-free?
MtGox with 0.6%+1% fees?
Something different?
They are a registered NGO/Charity in France. BitPay didn't even reply to my PM and mail.
So I fear that asking BitPay to forward costs and fees to us will result in no answers too, and just steal more time..
For now, I don't see an alternative to a diy-automated MtGox account..
Ente
Ente email me personally please I haven't seen anything about this before tony@bitpay.comNo problem here, Tony. Thanks for looking into it. Later, bud. ~Bruno K~ thanks sorry since Wordpress our new signups and inquiries have increased by 200%. There has not been much time to respond to all the people asking for special requests. Thank you, Tony. I just wrote you an email. It is all fine if you take your time. Now that I know someone will get back to me I already am happy :-) Cheers! Ente Well.. Been almost two months, I would like to pick up on that again. edit: Bruno, would you be so kind and mention this to Bitpay as you are in contact with them at the moment? Else I try again with mail and PMs.. It seems like we have enough funds for some 1000$ donations. As soon as I hear back from Bitpay/Tony (or find a different reliable solution) I will try to finish it with the NGO I am in contact with. Ente |
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1411
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Economy / Speculation / Re: Significant press today
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on: January 28, 2013, 08:25:38 PM
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Anyone know what gambling site gambling911 referes to ?
It's not any of the sites that were taken down by the us govt. previously ? If so, that would be hell of a way to pay back
This would go oh-so beautifully with this: can u be more specific? is hosting.co.uk one of the resellers that got banned by Paypal or are they a separate reseller that independently decided to reject paypal and accept Bitcoin?
They got banned and inserted bitpay afterwards from what i heard. *grins* Ente |
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1412
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Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits
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on: January 28, 2013, 08:22:27 PM
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With how the last Bitcoin collecting rounds went, I see fundraising as a more limiting factor than non-profit-raising..
Do you think we would collect enough bitcoins for one, two, ten more NGOs in any reasonable time?
Even the number of supporters on the list almost came to a halt..
After seeing how it went with collecting 100BTC/1000$ for BUND I am almost glad that the NGO I have contact to didn't check back on me lately..
I don't know.. What's the future?
More supporters? More advertising? Alternate fundraising? More NGOs?
Ente
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1413
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Economy / Speculation / Re: Significant press today
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on: January 28, 2013, 08:08:34 PM
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Oh yeah, that's great news!
All three articles are well written. No surprise with Matonis' here, but I am very happy that even Bloomberg got it right!
Gentlemen, it is beginning.
Maybe it began some time ago, but in short time everything will go nuts! :-)
Ente
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1414
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Economy / Speculation / Re: Bitcoin will never reach $20 again
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on: January 28, 2013, 07:36:32 PM
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At least we've put the despair part behind us.
I have, but a newbie who bought at $18 2 days ago may feel differently. It's very likely that for many people their first experience of bitcoin is negative (at least for a few days). Most of us are not natural speculators and to be thrown into the world of speculation can be a shock. this is why i coach patience. They feel a little better now, still 10% from $20 mark. This thread will be resurrected one the mark is passed, but I guess it take a little patience to get to that point Gosh, it could be *days*! /impatient :-) Ente |
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1415
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker
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on: January 28, 2013, 07:33:55 PM
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Nice! That was quick! :-) Payment Method
Visa / Mastercard / Debit (GBP) Visa / Mastercard / Debit (EUR) BitCoin via Bit-pay In the end Mega's plan to only resell vouchers seems to work out - both for that silly dude and for us :-) hey, where's Adam?  Adam? Someone get him some smelling salts! Ente |
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1416
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Bitcoin / Hardware / Re: The performance claims and prices are unrealistic
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on: January 28, 2013, 10:12:01 AM
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I consider pcm81 proven wrong in most of his claims.
The question is, uninformed or FUD?
Still, I enjoy the insights given here, as I had little knowledge of all this before Bitcoin.
And I still don't believe in ASIC miners before having definite proof! :-)
/subscribing
Ente
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1417
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Bitcoin / Bitcoin Discussion / Re: [ANN] The world's first handheld Bitcoin device, the Ellet!
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on: January 28, 2013, 08:15:56 AM
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I see your point, paybtc!
Of course I would prefer a "dedicated" wallet hardware.
It seems a lot of effort was put into the Ellet (at least the announcements was made to sound like it). Nevertheless, the original post was on 07.June.2012, 02:14:52 and now it seems to be on halt, precisely because of the hardware..
Maybe Bitcoin is still too small for such a hardware project. Other hardwareprojects are crashing and burning in these very days, in a spectacular way.. ;-)
Hardware random number generator - this might be a KO-criterium , thanks for the hint!
I am sure we will eventually hold a neat dedicated piece of bitcoinhardware in our hands!
Ente
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1419
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Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker
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on: January 27, 2013, 08:50:11 PM
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Maybe we should divide it in three threads:
1) "I wish the price falls/rises, so I can buy/sell again"
2) "At the moment the following walls are present:"
3) "I believe the price will do x because of technical explanation y"
But this here.. A wild combination of all three, with the loudest and most babbling voices trying to manipulate the price the most, for silly amounts like 10btc..
Really, this thread is to "speculation" what /b/ is to the internet.
Some months ago I finally stopped daytrading, which was a very healthy decision for my wallet. Maybe another healthy decision is due now..
Ente
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1420
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Bitcoin / Bitcoin Discussion / Re: [ANN] The world's first handheld Bitcoin device, the Ellet!
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on: January 27, 2013, 08:38:22 PM
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I think it was suggested before, somewhere. It seems like hardware is the main moneyburner here. Why invent it again? Use some small device with a bit cpu power, a good enough display, battery, usb connection and buttons. Sounds familiar? --> MP3 Player <--Now I didn't research into this much. However, I found http://www.rockbox.org/ which replaces the stock firmware on a lot of mp3 players. We may use it directly, or parts of it, or just use it as a pointer to see which mp3 players are usable. How about "sandisk clip":  Or "SanDisk Sansa c200":  edit: even much more simple and surely cheaper, not based on rockbox: http://www.s1mp3.org/en/docs_userguide.php I would prefer one of the first two players.. I would use one of those. And buy a reprogrammed one, or maybe do it myself and send money in the direction of the firmware programmers. Now these are strictly offline. No Paypal possible on these, as someone shouted on the original vapor-Ellet.. But good enough to sign transactions, for sure! So, why are people burning truckloads of money on re-inventing the hardware? It's all in the software anyway! Ente |
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