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1301  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 14, 2013, 03:17:33 PM
Thought there would be room inside for the PSU but I guess not.  Doubt it will come with rack rails either.  =)

KNC did say they were not going to worry about the look of the unit, so they told the 100% truth!  

Wait. You haven't seen the stickers yet, they might glow! Wink

I waiting to see what phrase (if any) they chose to print on the boards.  =)



All your money are belong to us  Grin
1302  Bitcoin / Hardware / Re: Secured payments, consumer protection and buyer recourse... on: August 14, 2013, 03:16:44 PM

Yes you can, Paypal just acts as a payment processor for those without accounts. At least that's what Paypal told me.

But I don't think you can pay without having a PP account - that's the problem.
I ask KNC and they confirmed it:

My question: Does your PayPal account allow direct card payments, without opening an account of my own?
Their answer: You have to have a PayPal account to pay with card over PayPal.

You still have to pay the balance of your card off. It's not free money!

I'm perfectly aware of this  Roll Eyes
I have the money, I just want to get myself better protection Smiley

Not the impression I got from Paypal, but I know KnC had to deal with a very specific agreement and terms after BFL, so perhaps in this case you may need an account. By verifying you in this case may deter and prevent scams on KnC and Paypal.

I have a Premier Verified PP account, but according to THIS article I might be covered under Section 75 if I pay though it.
1303  Bitcoin / Hardware / Re: Secured payments, consumer protection and buyer recourse... on: August 14, 2013, 03:05:22 PM

Yes you can, Paypal just acts as a payment processor for those without accounts. At least that's what Paypal told me.

But I don't think you can pay without having a PP account - that's the problem.
I ask KNC and they confirmed it:

My question: Does your PayPal account allow direct card payments, without opening an account of my own?
Their answer: You have to have a PayPal account to pay with card over PayPal.

You still have to pay the balance of your card off. It's not free money!

I'm perfectly aware of this  Roll Eyes
I have the money, I just want to get myself better protection Smiley
1304  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 14, 2013, 02:43:40 PM

Clicked to see a working miner, got a simple case instead....

1305  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 14, 2013, 02:40:26 PM
Fuck Yeah  Grin


We can also announce that we expect to have PCB samples to show you before the end of next week!
1306  Bitcoin / Hardware / Re: Secured payments, consumer protection and buyer recourse... on: August 14, 2013, 02:39:51 PM
Interesting...

So I can only make a 5GBP payment to KNCminer using my credit card and the rest with the debit card and still be protected for the full amount.
However because you can't pay via PayPal directly without having an account that might invalidate the protection, because you have to login into your PP account and pay that way Sad

I wonder if KNCminer would be happy to get a small CC payment and the rest via a debit card.
1307  Economy / Service Discussion / Re: SEPA Payments to/from UK bank account on: August 14, 2013, 02:37:17 PM
If you've got a UK bank account and its got an IBAN and BIC code (you will have one - ask your bank if it's not on your monthly statement and/or internet banking screen), it will support SEPA. SEPA is not optional, all banks in the European Economic Area are required to be on it by 2014 I think.

FYI; The process is entirely transparent to you (the end user) - your bank determines which method it will use for completing the transfer (SWIFT, SEPA, FPS, CHAPS etc etc)... and bills you accordingly Wink

Even so I just created a payee using the new MTGox Withdrawal Center Wizard and the only option was International Wire Transfer - I tried just with the IBAN and again just with the BIC.
It appears MTGox doesn't offer SEPA for UK bank account, even if they would accept it Sad

1308  Economy / Service Discussion / Re: SEPA Payments to/from UK bank account on: August 14, 2013, 02:34:30 PM
I think in practical terms the only way to buy Bitcoins using funds from a UK sterling bank account is to convert from sterling to dollars/Euros and then send the funds by SWIFT to a dollar or Euro exchange. As far as I know, there are no active exchanges except for Gox with a sterling/BTC market.

SEPA via TransferWise is the best for deposits Wink

But it looks like the only options for withdrawals from MTGox to a UK GBP Account is International Wire Transfer with the usual 2000 yens fee + any intermediary fees Sad
1309  Bitcoin / Hardware / Re: Secured payments, consumer protection and buyer recourse... on: August 14, 2013, 02:03:05 PM
Bitcoinorama, do you know if money deposited on top of my CC limit are protected under Section 75?
For example if my CC limit is 3000GBP I can make a deposit of 2000GBP to my CC account and thus my available balance will be 5000GBP.

If I make a purchase for 5000GBP then for what amount is the bank liable?
1310  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: August 14, 2013, 01:53:22 PM

But I have no practical experience with it. But what prevents you to verify your English bank account with Gox as SEPA Account? I would just try it and then withdrawal a small sum.
I will probably do that, but just want to know what to expect before I do it.
For example I asked one of the banks where I hold an account if they support incoming SEPA payments - the guy hasn't even heard of it. He said they only support SWIFT payments.

I am sure that you can also set up an account with an English bank, which runs in EURO. Every small business has serveral bank accounts in different currencies. That's not special. Just ask your bank.

Yes, but none of these are free as most UK GBP accounts are.

1311  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: August 14, 2013, 01:40:24 PM
I have 1500USD in Gox and it seems that only International Wire transfers are affected, because 2 guys on another forum, that I'm a member reported they got paid quick via SEPA.

Warning: SEPA has never been "quick"! At least not for me. But I still get my money after a few weeks. I never withdarawl more than 999 euros in one go.

If I want to do SEPA my only option is to buy Bitcoins and then sell them for Euro, right?

You have to switch your account to EURO. It will cost you 2.5% of your dollar assets. Then you need a SEPA bank account. You verify it with Mt. Gox and than you can withdrawal your money.

It's maybe not worth worrying about. It might save you a few weeks. Bank transfers always take long for Bitcoin. There are always times where individual exchanges are faster, but once all this AML shit comes with in it takes forever. Plan just several weeks or month. A year ago there was not so much money on Gox. Therefore, it was faster, also because Gox has ignored the laws. Now while everyone wants to withdrawal and the FINCEN is behind them it takes maybe forever. I did not even know until a few weeks ago that USD withdrawals went so fast in the past. I always tought it would be normal to have to wait several weeks.
So nothing has changed for me.  Smiley


Are you aware if I can make a SEPA payment to a UK GBP denominated account?
1312  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: August 14, 2013, 01:39:02 PM

Quote
Q. Can I convert one currency in my wallet (e.g. EUR) into another currency (e.g. USD) in another wallet?

A. No, it is not possible to convert EUR to USD directly from one wallet to another as Mt.Gox is not a currency exchange.

1313  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: August 14, 2013, 12:52:52 PM
I have 1500USD in Gox and it seems that only International Wire transfers are affected, because 2 guys on another forum, that I'm a member reported they got paid quick via SEPA.

And I'm trying to withdraw these 1500USD quickly and cheaply, which might not be possible?

If I want to do SEPA my only option is to buy Bitcoins and then sell them for Euro, right?

Also do you know what will happen if I use TransferWise account details, but give Gox my name as the account holder, because they can only withdraw/deposit to/from an account under your name.
1314  Economy / Currency exchange / Re: MtGox <=> UK bank in minutes. 2.9% fee. on: August 14, 2013, 12:14:59 PM
Limited offer - buying MtGox USD with 1% commission. UK bank transfer. GBP/USD rate - xe.com

Looking to buy around $10,000


Are you still offering this service?

MtGox rate is bullshit now. MtgoxUSD = 0.9USD approximately.


I have 1500USD in there and I'm researching on what is the cheapest way to get them out.
Any ideas?
1315  Economy / Service Discussion / Re: SEPA Payments to/from UK bank account on: August 14, 2013, 11:48:01 AM
SEPA is an abbreviation for Singe Euro Payments Area http://en.wikipedia.org/wiki/Single_Euro_Payments_Area

Euro only.

I don't live in the UK, but I think that most high street banks will allow you to open a Euro account. You could then use SEPA to withdraw to it, and then ask your bank to convert the Euro to GBP.

I don't think there is a UK bank that offers a free Euro account.
I just called Citibank and they charge 5 a month.

Any other ideas?
1316  Economy / Currency exchange / Re: MtGox <=> UK bank in minutes. 2.9% fee. on: August 14, 2013, 11:26:21 AM
Limited offer - buying MtGox USD with 1% commission. UK bank transfer. GBP/USD rate - xe.com

Looking to buy around $10,000


Are you still offering this service?
1317  Economy / Service Discussion / SEPA Payments to/from UK bank account on: August 14, 2013, 12:52:58 AM
Can you please let me know if I understood things correctly Smiley

So SEPA withdrawals can only be made if I have euros in MTGox or any other exchange. If I have USD then I'll have to buy Bitcoin and sell them for euro?

I'm based in the UK and I want to know what will happen if I request a SEPA withdrawal - is that even possible if I give UK bank account details.

I just spoke with my bank and they said they only support SWIFT international transfers and the guy wasn't even aware of what SEPA is.

My questions are valid for all exchanges btw.


P.S - I am aware of the looooong delays in MTGox withdrawals.
1318  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 14, 2013, 12:29:37 AM

WATCH out Dude..  Bitcoinorama about to crack on your ass...


You are a special something, aren't you  Roll Eyes
So annoying.
1319  Bitcoin / Hardware / Re: KNC Miner Discounts--Gauging Interest. on: August 13, 2013, 11:18:30 PM
KNCMiner Reseller Program Information

After seeing that there would be trust issues with the reseller program I wrote to John K who can be the main reseller. Here is my message to him, so what do you think?

I'm writing to you, because you have the reputation of being the most trustworthy person in the Bitcoin community Smiley
The text below is a bit long, but please do read it - it is worth it Smiley

You have probably heard about the KNCMiner reseller program, but if you haven't here are the details:

Quote
We would like to announce the beginning of our reward based reseller program. Anyone can become a registered reseller of our devices. The rewards are simple, for every 10 sales of one individual device you will receive one of the same items for free. For example, provide us with 10 Jupiter sales and we will ship you a complete Jupiter free of charge. Sell 10 Saturn’s and we will ship you a Saturn free of charge the same applies for Mercury devices.
 
It’s that simple!
 
To register as a reseller simply contact info@kncminer.com . We will then provide you with a reseller ID, and then all you have to do is get people to click on a special link in the format of
 
https://www.kncminer.com/?resellerid=xxx Where xxx = your reseller ID number.
 
You are free to advertise your own personal link on any site/forum/portal you wish. We will soon be providing an online report where you can view your sales, but for now please contact info@kncminer.com and we can provide you with a sales report.
We will also be providing sample banners and images shortly. All registered resellers will receive a copy of the banners when available.

Basically for every 10 units of the same model that people buy through a reseller link, the reseller gets one delivered for free.

Naturally a few people expressed interest in being a reseller and offered a fixed fee or percentage from the mining income of the free miner they would receive eventually to people who would buy through their reseller link. Unfortunately this would not work, because of trust issues as the reseller might not get 10 sales under his link, so no free miner or he can get a free miner and not pay anything in return.

In light of this information I have an offer for you: register as a reseller and let people know, so they can buy through you. Instead of 10 people offering their reseller link and probably not getting 10 sales each I believe it is best if someone as trustworthy as you do that. I am certain that you will easily get 10 sales and probably many more. Obviously there should be a fair and just distribution of the reward (the free miner) between you and the people, who made it happen. You could run the miner if you have the facilities or sell it and distribute the earnings between yourself and the other 10 persons. I am open to suggestions here Smiley
As a suggestion I think you can keep 20% of its mining income and give each person 8% of the income, minus running costs of course Smiley

I myself plan on ordering 2x Jupiters and 1x Saturn miners and would be more than happy if you would be my reseller Smiley

Please think about it and if you want to get involved register asap, as I intend to place my order soon Smiley

If anything is unclear please get back to me and thank you for your time and patience for reading this long message Smiley

1320  Economy / Computer hardware / Re: [WTS] KNC miner on: August 13, 2013, 11:18:15 PM
KNCMiner Reseller Program Information

After seeing that there would be trust issues with the reseller program I wrote to John K who can be the main reseller. Here is my message to him, so what do you think?

I'm writing to you, because you have the reputation of being the most trustworthy person in the Bitcoin community Smiley
The text below is a bit long, but please do read it - it is worth it Smiley

You have probably heard about the KNCMiner reseller program, but if you haven't here are the details:

Quote
We would like to announce the beginning of our reward based reseller program. Anyone can become a registered reseller of our devices. The rewards are simple, for every 10 sales of one individual device you will receive one of the same items for free. For example, provide us with 10 Jupiter sales and we will ship you a complete Jupiter free of charge. Sell 10 Saturn’s and we will ship you a Saturn free of charge the same applies for Mercury devices.
 
It’s that simple!
 
To register as a reseller simply contact info@kncminer.com . We will then provide you with a reseller ID, and then all you have to do is get people to click on a special link in the format of
 
https://www.kncminer.com/?resellerid=xxx Where xxx = your reseller ID number.
 
You are free to advertise your own personal link on any site/forum/portal you wish. We will soon be providing an online report where you can view your sales, but for now please contact info@kncminer.com and we can provide you with a sales report.
We will also be providing sample banners and images shortly. All registered resellers will receive a copy of the banners when available.

Basically for every 10 units of the same model that people buy through a reseller link, the reseller gets one delivered for free.

Naturally a few people expressed interest in being a reseller and offered a fixed fee or percentage from the mining income of the free miner they would receive eventually to people who would buy through their reseller link. Unfortunately this would not work, because of trust issues as the reseller might not get 10 sales under his link, so no free miner or he can get a free miner and not pay anything in return.

In light of this information I have an offer for you: register as a reseller and let people know, so they can buy through you. Instead of 10 people offering their reseller link and probably not getting 10 sales each I believe it is best if someone as trustworthy as you do that. I am certain that you will easily get 10 sales and probably many more. Obviously there should be a fair and just distribution of the reward (the free miner) between you and the people, who made it happen. You could run the miner if you have the facilities or sell it and distribute the earnings between yourself and the other 10 persons. I am open to suggestions here Smiley
As a suggestion I think you can keep 20% of its mining income and give each person 8% of the income, minus running costs of course Smiley

I myself plan on ordering 2x Jupiters and 1x Saturn miners and would be more than happy if you would be my reseller Smiley

Please think about it and if you want to get involved register asap, as I intend to place my order soon Smiley

If anything is unclear please get back to me and thank you for your time and patience for reading this long message Smiley

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