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29061
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Bitcoin / Bitcoin Discussion / A cunning ploy to get bars/pubs/clubs to accept bitcoin.
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on: November 20, 2012, 12:46:24 AM
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requirement: bitinstant debit card (when it arrives)
Arrange a meetup of all of your local bitcoin friends to go to a bar. Get their orders and ensure the bar manager sees them all use their phone to scan the QR code on the debit card. And then hand the debit card to the bar manager.
explaining:
this is a special debit card that people top up via their phones using the smart barcode on the front(QRCODE for the smart ones of us). just takes 10 minutes and saves going to the ATM, plus theres no large fee's
let him take the transaction so the first round of drinks are paid for.
Tell him to keep hold of the card as that is your bar tab for the night. People continue QR code scanning to pay for their drinks throughout the night and the manager keeps swiping the card to debit out the fiat. and u just type in your pin number.
he is getting paid, so he is happy.
At the end of the night tell the manager that the debit card is specially for a community that may return with or without you.
Tell him you will pay the card fee for him to register a card at bitinstant.com to be delivered to him where he can register it in his company(the bar) name and have his own pin number. For bar use only. so anyone from the community can just drop in and pay. AND you will also make that bar your regular meet-up destination which would drum up further business for them.
no techno waffle required.
anyone else with easy ways to get places to accept bitcoin?
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29063
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Bitcoin / Bitcoin Discussion / Re: Flash swarming websites, requesting they accept donations in bitcoin
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on: November 19, 2012, 02:39:23 AM
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referencing the post just above this one. i wont quote it as its not worth repeating. imagine the guy comes to this forum and types his web address in the search box, to see how many people are talking about his site. So that he can gauge popularity and whether its worth setting up bitcoin on his website.
the ONLY result he gets is a guy with 420 in his name a cannabis leaf as his avatar, calling him an a-hole.
maybe 420 shouldn't add public relations to his Resume
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29065
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Economy / Marketplace / Re: Trust Building List - Ron Gross
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on: November 18, 2012, 11:01:40 AM
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im not shunning anyone i just see too much of pirates story line.
nothing wrong with doing a business but hopefully he atleast read some isreali laws on the matter.
and its not my loss at all. i have done well getting bitcoins and litecoins without his insurance, never been scammed yet. So there is no loss to me by not using his service.
i agree with the first part of the post about their needing to be a proper credit rating/reputation system for some people to go by. as the bitcoin -otc is flawed with people gaining rep by buying rep points at 1btc a time, making it not true rep. even btc-jam can get a 8/10 with false information.
a new, better and less flawed rating system is needed... that i agree on. even if i don't trade with individuals.
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29066
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Economy / Marketplace / Re: Trust Building List - Ron Gross
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on: November 18, 2012, 09:50:58 AM
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wow de ja vu of how pirate began. as soon as i read the first post talking about gaining trust, i thought. hmmm whats he going to sell me next.. a dozen posts later there it was..... insurance. show a list of who he trusts.. then suddenly gets a big idea of how to make money out of the idea.. but this time not a bank. but insurance........ just a shame you done all of it in one single thread. nice forum avatar of not a real face. along with the only other picture of you being in a skii mask only showing your eyes on your other links including your youtube. you wont be in my circle of trust even if you do tweet about bitcoin in march 2011 to show you known about it longer then some others. i trawled the internet and found other websites not listed on your links and found you have been removing pictures and replacing them all with your skii mask pic. eg http://www.meetup.com/bitcoin-il/members/14443048/ there were 4 pictures.. but now just 2 one is a birthday cake and the other 3 are the skii mask. even your youtube is limited to the skii mask pic. may i suggest if your even considering becoming a business requesting money in exchange for trust then do a inaba, gavin andersen thing and show your full face atleast. answer me this Ron Gross what is your real isreali name? |
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29069
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Bitcoin / Legal / Re: Could Bitcoins be classified as an antiquity? (Asteroids are!)
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on: November 15, 2012, 04:23:41 AM
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bitcoin is not a commodity.
a commodity is something people have use of eg food, oil, and minerals to make products out of. bitcoin is just data. no other use in real life situations but to use as a bartering tool.
so not a commodity but an asset, antiquity or currency.
bitcoin is not like gold. bitcoin is more like a famous persons autograph, or artwork. limited supply has no other function but to be stored or traded.
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29071
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Economy / Services / Re: US bill pay
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on: November 15, 2012, 12:13:07 AM
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using API from exchanges. then add on any fee's incurred plus your profit to equal the viewable BTC cost. heres a load of MTGox API for you to try https://en.bitcoin.it/wiki/MtGox/API/HTTP/v1EG grab the high price from this ticker https://mtgox.com/api/1/BTCUSD/tickeri grabbed this code from somewhere that uses BTC-E.com not mtgox $json_url = 'https://btc-e.com/api/2/btc_usd/ticker';
$ch = curl_init( $json_url );
$options = array(
CURLOPT_RETURNTRANSFER => true,
);
curl_setopt_array( $ch, $options );
$string = curl_exec($ch); // Getting jSON result string
$object = json_decode($string, true);
$price=$object['ticker'][high]; you know it will cost 6% in fee's to fully cash out to your bank account and you want to make 4% profit for yourself so if $price shows BTC is $10.80 SUBTRACT 10% for costs / profit, making it worthy/profitable to process BTC for $9.81 then divide that by the cash value they input to give you a BTC amount. so a $100 bill will cost 10.19367991BTC so when you sell the 10.19BTC at the actual $10.80 exchange price you will get $110 to then cash out, cover fees and still have about 4% profit |
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29073
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Bitcoin / Bitcoin Discussion / Re: The Environmental Cost of Bitcoin - Youtube Video
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on: November 11, 2012, 02:13:11 PM
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I believe that in a few years, Bitcoin will be the most environmentally friendly option to move money. Here is my reasoning. Please tell me if anything is flawed.
In a perfectly competitive environment, the price of the last marketed product equals its cost of production. I consider Bitcoin mining a competitive industry, so the previous statement does apply to the Bitcoin network.
The cost of production is not only energy consumption, but also the research and development to obtain more efficient mining hardware. I would expect the cost of production of bitcoins to gradually move from energy consumption to jobs and investment in the hardware industry. We may soon be seeing this with the arrival of next generation ASICs.
Finally, once most bitcoins are mined (in around 20 years), and all mining profit comes from transaction fees from highly competitive miners (keeping fees as low as possible, no creation of new bitcoins), moving (bitcoin) money will be cheaper and presumably as environmentally efficient as you can get, more than any other money transacting business. Is my reasoning correct?
short answer yes. but even today bitcoin is ecologically better then fiat. |
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29075
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Bitcoin / Bitcoin Discussion / Re: The Environmental Cost of Bitcoin - Youtube Video
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on: November 11, 2012, 01:35:29 PM
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environmental impact??
compared to the resources needed to print FIAT then the fuel costs to transport it from the mint to the banks. further transports to the ATMS. thats alot of natural resources
then as people spend it. more resources to to transport FIAT from shops to the banks.
let alone all the costs of resourses for all the bank staff, the leaflets and paper contracts and every other detail related to dealing with fiat. even down to the environmental costs of producing credit/debit cards needs to be included in the fiat environmental impact, to fully compare to bitcoin.
FIAT=1g of resources compared to bitcoin 30-70g? pfft as if
bitcoins environmental impact is sooooooooo much less. that video only talks about the electricity bill of fiat. not the fuel costs for transport or the ink costs paper costs.
flawed presentation but atleast its the first stepping stone to anyone who actually is interested in showing that bitcoin is more environmentally friendly.
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29077
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Bitcoin / Bitcoin Discussion / Re: Impressive bitcoin one liners for non bitcoiners
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on: November 09, 2012, 07:46:48 PM
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now the noobtubing C.O.D players can make money out of their PC's (still without leaving the basement or getting girlfriends)
bitcoin is not like gold. as gold has many uses beyond from trading value. bitcoins are more like art. to own, keep and sell for profit.
Historic art for the rich, is like bitcoin for everyone.
with 2 bitcoins in your wallet, your never poor.
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29078
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Bitcoin / Legal / Re: bitinstant and other services that do OFAC checks
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on: November 09, 2012, 07:31:30 PM
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much appreciated for the reply bitinstant. the post was more aimed at stuff like dwolla which has been noted to freeze funds in other threads with the OFAC excuse. But atleast your customers can remain confident with the bitinstant service.
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29079
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Bitcoin / Legal / bitinstant and other services that do OFAC checks
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on: November 08, 2012, 08:02:32 AM
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sorry i dont have legal waffle and testimonials, guidelines or laws to quote, but this thread does concern legal issues with withdrawing funds and a easy way to ensure you are not frozen out due to other people. although i use my personal details as i have nothing to hide. It has been highlighted that OFAC checks are hurting innocent people by freezing their funds because they use PO Boxes etc linked to criminals who also use the same PO Boxes or mailing services. so i suggest even if your trades are all legal and you just don't want to for instance, be stalked by strangers on the internet trying to steal your laptop to get to your coins, thus using anonymous address. Do a OFAC check to make sure that the mailing service that you decide to use is not linked to criminal activity. and to check that your name is not similar to any known criminals. http://sdnsearch.ofac.treas.gov/you don't want your funds frozen because of other peoples actions which you are not physically involved in. so do the check first. |
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29080
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Other / Meta / Re: Vote SaltySpitoon for Alt Currency Moderator!
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on: November 05, 2012, 06:40:25 PM
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saltyspitoon gets my vote
he seems to have a level head and advocates many alts, has some things in the pipeline concerning litecoin and deals alot on BTC-E and the litecoin global. so his comments may be lacking but his mind is in the right place.
which is what a mod should be.
knowing what is best without having to start arguments or make comments.
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