"tremendous following"  In the United States, despite the high-profile prosecution of Liberty Dollar founder Bernard Von NotHaus, more than a few alternative currencies are already in circulation as well. Examples include Detroit “Cheers,” “BerkShares” in Massachusetts, and “Ithaca Hours” in New York. So-called digital gold currencies are also attracting more and more users. And an online currency system known as "BitCoin" has gained a tremendous following in a relatively short period of time.
And at the state level, even governments are taking action. Utah, for example, officially made gold and silver into legal tender last year. And several states are considering similar legislation as the Federal Reserve and the U.S. dollar come under increasing pressure. - http://www.thenewamerican.com/world-mainmenu-26/europe-mainmenu-35/11265-greeks-adopt-alternative-currencies-as-economy-implodes |
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So, if we want another Paypal service that allows merchants to take Credit Card payments, why not try Google or Amazon's engine?
It has been tried, and it always ends in tears -- either for the customers or for the merchant. The terms of service exclude this type of use. They sometimes will work person-to-person but once there is any volume to speak of then Google or PayPal or whomever will freeze the account, hold the funds, etc. For instance, you can use Square to sell bitcoins to your buddy and Square would likely never know nor care. Start doing that a few times a day every day and Square is going to call you and ask what type of business you are in. [Update: There's usually one person testing the fences somewhere. Here's the latest -- purchase tiny amounts of bitcoins through PayPal: - http://minibits.weebly.com - http://bitcointalk.org/index.php?topic=70148.0] |
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There are multiple categories of mobile apps that send USD. The categories are: - Mobile banking - Mobile e-commerce - Mobile money transfer - Mobile payment Excluding the mobile banking apps (which nearly every major bank offers) and the B2B and B2C-only mobile payment apps (e.g., the Starbucks payment app, Google Wallet, TabbedOut, Jumio Netswipe, LevelUp/Scvngr, BokU, etc.) then your list also would include: 4.) Serve (AmEx) 5.) Dwolla 6.) Venmo 7.) AlertPay 8.) Skrill / MoneyBookers 9.) Clover 10.) HyperWallet 11.) Slash8 App 12.) Klunki 13.) KuaPay 14.) OpenCuro 15.) Boom (m-Via) 16.) Square 17.) GoPayment (Intuit) 18.) PAYware (Verifone) 19.) Stripe (to some degree can be P2P) 20.) WePay (to some degree can be P2P) And that's just USD or primarily for the U.S. Then there are: 21..) PayFirma (like Square, but Canadian) 22.) PingIT (Barclay's - UK) 23.) OboPay 24.) M-Pesa (Kenya) 25.) AirTel App (India) 26.) GCash (Philippines) 27.) Smart Money (Philippines) and ... oh, a slew of others around the world. The one thing they all have in common? They are all basically methods to do what banks themselves haven't been doing. They exist to reduce some of the friction of working with the banking system. Some day they'll see major competition from apps that link to bitcoin (or will incorporate that functionality themselves.) |
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At this early state, we could really use a survey of the available points and reputation systems. If we create a matrix of features that are currently available by CMS/site/bulletin board platform, we can prioritize features to be developed first.
Our goal is to make it as easy and straightforward as possible for admins to implement a Bitcoin-based points system/economy.
Related: Read about "PieTrust" in: - http://mwhite.calepin.co/the-emerging-wisdom-revolution/And earlier, a "bounty" system for FOSS projects: - http://bitcointalk.org/index.php?topic=4435.0 |
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Sorry to be a killjoy, but a question ... has anyone used / heard of Qriket? - http://qriket.comNot sure how they get advertisers to pony up enough but it is one way of creating a system that generates viewers of ads. |
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Thankfully this isn't how BTC trading works, overshoot 0 and presumably Bitcoinica suffers a loss and you cirtainly don't suffer any debt. This as I see it is a good way to do things, what if debt became illegal in the future, maybe we are looking at the far future here, but BTC seems to be a good step forward.
Ok, that's way off topic and is a bizarre mindset to me probably a controversial topic, better suited for the economics forum or something to that effect. |
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I use Latest Chrome and Firefox on Fedora Linux desktop.
I don't know when it started - maybe month or earlier.
When I open mtgoxlive - my browser starts to consume CPU up to 99% and the screen hangs after several minutes. Both in Chrome and Firefox. Only hardcore process killing helps.
Does anyone have similar troubles on Windows/Mac ?
I can confirm similar behavior on a slow laptop using Ubuntu 11.04 x86_64 |
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They also charge no fees at the moment..
Well, ... Venmo allows the payment to be funded from a credit card. That used to be provided at par (no fee for the transfer from a card). Now they charge 3% apparently (though for new users, the first $500 of charges is free from any fees). - http://help.venmo.com/customer/portal/articles/429494-why-is-venmo-charging-credit-card-fees- As far as competing with Dwolla, t here are no bitcoin exchanges or intermediaries that accept Venmo payments. So Venmo is no more like Dwolla than PayPal, AlertPay, Square, or the multitude of competing services. |
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Because that has been borked for about ten months now. |
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a slight aside, have you seen currencycloud.com where it appears to be business to business market matching bypassing banking mechanisms. Techcrunch mentioned them last week.
Not sure what KYC mechanisms there are, or if sufficiently high volume private users can join in.
There are some competitors for smaller sized operators: - http://bitcointalk.org/index.php?topic=1459.0;all (CurrencyFair) - http://www.bitcoinmoney.com/post/7259588518 (CurrencyFair and TransferWise). With bitcoin being a non-reversible payment system whichever of these services starts to accept Bitcoin as a funding method and/or exchange will find a new growth engine. |
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So as I feared, besides personal email, BTC transactions such as selling you a GPU on here, There isn't much I can do huh?
Sure there is ... there's Bit-Pay and carts that don't integrate natively with WordPress, such as the module for the OS Commerce cart. Have you looked at http://Bit-Pay.com ? |
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Aren't you just a few blocks away? Maybe ask Ben to meet up for lunch and to bring some $100 bills so you can cash out. :-) I can't even move any amount of money in less than a week's timeframe through them anymore.
I've been surprised to see transactions where I want to add funds from my bank take multiple days before the ACH withdrawal hits my bank even. Maybe that's just a precaution they impose now for us with bitcoin-related transactions. [/me puts tinfoil hat back on]. I thought their FiSync would have given us a type of same-day-ACH by now. Haven't heard much about it at all in the past half year. |
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This is not even remotely associated with bitcoin.
I believe it is. When an entity can disengage from the international banking system (whether involuntarily, like in this instance, or by choice) and survive, that is of interest. I don't know the details of this particular but I would assume there remain numerous alternate channels for the Vatican yet. |
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New types business will come from Bitcoin's unique properties.
Yup -- have been sitting on something for over a year waiting for a solution that gives third party/escrow at a trivial cost. Multisignature is a development that will attract a whole new wave of innovation. |
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Because of liquidity and volatility issues, even forced margin call trading might not happen fast enough for some accounts. It is then possible to lose more than you have in your account. As a result you would then have a negative balance and owe Bitcoinica money
Having 10X leverage means you can end up owing a lot more than you ever wanted to.
Now what ends up happening is some traders will go negative and just open a new account. That's a problem for Bitcoinica, as I've seen mentioned before, so it may end up that identity (and maybe a credit check even) will be necessary for highly leveraged (5X) accounts or eventually for all accounts even someday.
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When P2P transfers using GoldMoney was possible there were trades between bitcoin and GoldMoney grams occurring pretty regularly. Then GoldMoney yanked P2P, blaming regulations. In the U.S. there are all kinds of regulations when doing what you describe. Perhaps some type of pool outside the U.S., like what AurumXChange describes might be possible. Another angle might be if there was a way to add and withdraw funds from a Bitcoin exchange to and from the account for a gold-denominated account at Peter Schiff's Euro Pacific Bank: - http://www.europacbank.com/index.php?page=goldcard - http://www.safehaven.com/article/24584/how-to-put-yourself-on-the-gold-standardThat is not available to U.S. residents though. |
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It's unclear that the level of donations would be sufficient to overcome the engineering and other administrative costs of doing so. Step 1. Load http://www.BitAddress.orgStep 2. Wiggle mouse Step 3. Hit File -> Print (two copies, one off-site) Step 4. Edit http://en.wikipedia.org/wiki/User_talk:Jimbo_Wales and say "Hey Wikipeeps, we are going to see if any of you are interested in donating using bitcoin. Here's the address: " Step 5. Watch a few hundred dollars worth of funds come in. Maybe the engineering and administrative costs in following these 5 steps are more than I estimated though and am wrong. |
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what is a fair price to accept for BitCoins? I am new to the community and trying to accumulate some coins and a rep, etc.
That reads like you might be asking how much you would need to discount that from a fair market price due to your not already having a trading history. The problem is even if you were to sell it for 1 BTC and you were a scammer, that price is 1 BTC too high. Offering to use an escrow will help cause your first transactions to go smoothly. The buyer sends coins to the escrow, you ship with tracking info, you get delivery confirmation and the buyer releases the coins to you. You still could ship an empty box. That's a risk the buyer takes. The buyer could claim you shipped an empty box. That's a risk you take. Because some escrows have dispute arbitration, using them at least will help the party that can provide a decent defense to at last not lose the entire amount. For instance, when the buyer receives a package in the mail, instead of opening it right away the sealed package is opened on camera and/or in front of witnesses. Or the package can be taken to the Post Office and opened there in front of their staff and cameras. The seller might take similar precautions -- a photo or even better, a video showing the items truly were on-hand and packaged. This doesn't protect either side 100% but reduces significantly the risks. Such that the seller needn't discount the price when selling for bitcoins any less than the price the seller would take when the buyer pays with PayPal or other method. You'll probably end up with a good offer for those Roku's. Here's some info -- for both buyers and sellers: - http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc#Risk_of_fraud - http://bitcoin-otc.com - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer - http://btcrow.com |
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