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1  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 20, 2014, 06:38:20 PM
This is awesome.  The list just keeps on growing.

It's been a great year so far in regards to larger sized companies accepting bitcoin. Doesn't seem like the trend is showing any signs of slowing down either.
2  Bitcoin / Bitcoin Discussion / Re: Help petition the Red Cross to accept BTC on: July 17, 2014, 01:40:38 AM
I've signed the petition as well as emailed them.


Anyone else who doesn't like red cross or doesn't want to support them,  that is certainly their choice and I respect it.  Ultimately choose whatever charities/programs you feel are best,  and if they aren't accepting bitcoin already then talk to them about it.
3  Bitcoin / Bitcoin Discussion / Re: question: Why aren't bitcoin merchants incentivizing bitcoin use? on: July 17, 2014, 01:38:18 AM
Certainly some merchants already are. I believer overstock does both for consumers and merchants selling with them. There's a few other places I can't remember off the top of my head that offer some small discounts if you use bitcoin.

As someone else above said,  right now may places don't have to.  The competition isn't forcing it yet.
4  Other / Beginners & Help / Re: Is it profitable buying and selling USB miners? on: July 06, 2014, 02:06:48 AM
after ebay, paypal, and shipping fees (if you offer shipping, which most do). It's a very small profit, but still a profit.  The question to ask though is how fast can you sell them at $15 when others are offering $10 or less. It's also a product that's going down in value rapidly.

My personal opinion is that you wont be able to unload them fast enough to make money. Not trying to be negative or a downer, but I've sold a lot of things on Ebay over the years and I don't think this will be a profitable venture for too long.
5  Other / Beginners & Help / Re: Pro Tips on Betting/Gambling on: July 06, 2014, 01:37:12 AM
No one can post all the great tips in a single post, however the best thing you can do is research and studying.

Study different things from other bettors, frequent betting forums, articles, newsgroups, youtube, twitter, etc etc.  Study the sport or thing you are betting on. If you are betting on Basketball then watch as many games as you can, read as many articles as you can, hang around as many fans and people on the inside as you can.  etc etc

Do all this and while doing it EXPECT TO LOSE, do it for fun if you must.  You do all of that, eventually some day years down the road you may be able to make some decent money at betting.  The odds are slim to none though, and even the greatest usually go broke at some point if they don't stop and walk away.
6  Bitcoin / Bitcoin Discussion / Re: PayPal Integrating Bitcoin soon. on: July 06, 2014, 01:26:25 AM
I'm very interested in seeing how this plays out.  This could be a real game changer for bitcoin, cryptocurrencies, and paypal.

7  Bitcoin / Bitcoin Discussion / Re: Getting paid in bitcoin on: July 06, 2014, 01:22:14 AM
It's very simple and there are companies, services, and api's to help them automate the process.

The real trick is convincing your employer to do it. Although it may be simple it still shakes things up, its extra work someone has to do, and if you work in a corporate environment it can be very hard to get all the top execs all on board with the idea.
8  Bitcoin / Bitcoin Discussion / Re: How does someone with a single wallet with 30k coins not feel vulnarable? on: July 05, 2014, 06:53:19 AM
I'd be nervous with that kind of money whether it's bitcoin, dollars, or something else.  If you use some common sense and have proper real life security you should be fine.

Like others said, the ability to crack that key is so far fetched right now.
9  Bitcoin / Bitcoin Discussion / Re: Attempted Bitcoin extortion! on: July 01, 2014, 04:12:25 AM
I doubt any business would fall for that since they already receive false complaints, bad reviews, negative reps etc from the new competitors who pay people to do just that.

They do. Such scams are a big deal for the scammers.

All they need is 1-3% response to get wealthy and they send millions of emails each day.

Wow really? but don't these businesses who pay to these scammers realize that as soon as they run outta money they'll contact them again and ask for more?

Generally they don't as this is a "hit and run" scam.

This is true.  Most of these are hit and runs, and for good reason.


I extort $600 from you, eventually you move on and forget about it. As does law enforcement.  I extort you for $600, then come back from more, then come back for more and then come back for more.  It only increases unwanted attention on me and increases my odds of getting caught.  It's better to get some money from you once and then you forget about it and move on with your life, and i move on to hitting new targets.

When I say "I" i don't mean me personally of course,  I mean criminals.

People are less likely to go to the police on one scam and more likely to go to police on multiple scams.  Get the one and move on is how the better extornists operate.
10  Bitcoin / Bitcoin Discussion / Re: Attempted Bitcoin extortion! on: July 01, 2014, 04:09:36 AM
I doubt any business would fall for that since they already receive false complaints, bad reviews, negative reps etc from the new competitors who pay people to do just that.

I think you would be surprised. A lot of companies do pay off criminals like this, I know of a couple places I've worked at over the years that have done such.  The thing is they never say it publicly so we are unaware of how often companies pay people off.

While I don't doubt that there are shady companies who pay to give compettitors a bad review, I don't think its THAT common. Typically if a restaurant is good it gets good reviews.  Also these extortionists are threatening more than just bad yelp reviews....prank calls, phone ddosing, false orders, swating, calls to the BBB, etc etc.  All of that combined can certainly be enough to convince a business owner to fork over $600 to make it go away.

A competitor paying for bad reviews isn't nearly as much of a threat. They are limited in what they can do without breaking the law and getting in serious trouble. Criminals aren't afraid to break laws so they have much more options at their disposal.
11  Bitcoin / Bitcoin Discussion / Re: Forbes Article Predicts Bitcoin Value will "Explode" on: June 25, 2014, 04:20:37 AM
Great article. And I agree, bitcoin's image took a bad hit when it's exchange rate value exploded and MSM picked it up without knowing much about it.  All of that seems to be dying off though and more and more people are starting to realize bitcoins potential in being a huge game changer in the long run.
12  Other / Off-topic / PSA: EFF's Tor Challenge on: June 25, 2014, 04:18:20 AM
If this is in the wrong section of the form I apologize and feel free to move it.

I won't go into all the details but just wanted to let people know about the "Tor Challenge" the EFF is running.  I figured a lot of people on here would like to get involved with something like this.

https://www.eff.org/torchallenge/
13  Bitcoin / Bitcoin Discussion / Re: Crypto Kidz Digital Trading Cards on: June 24, 2014, 04:42:16 AM
Haha this thread is a great!

someone should make some high quality novelty cards and sell them for the cost of making them to the community.  I'd buy some!
14  Economy / Service Discussion / Re: OpenBazaar - decentralized eBay on: June 23, 2014, 12:09:53 AM
I hope this takes off, but like other sites/companies trying to do the same thing it may be too soon.

It's a great concept,  but if few people use the site then it dies quickly.  No one wants to put a listing on a website and just have it sit there with no buyers.


I'll support this site and I do think at some point a decentralized "ebay" will get a strong foothold.  Hopefully it's this one, if not then hopefully it's the next one that pops up  Smiley
15  Bitcoin / Bitcoin Discussion / Re: Do you sometimes think Bitcoin will fail? on: June 21, 2014, 11:29:02 PM
I'm optimistic about bitcoin in the long run and like many people on here I have my own personal reasons for WANTING bitcoin to succeed.

With that said,  yes there are plenty of times I think about bitcoin failing over time.  I believe p2p cryptocurrencies and the technology behind it is certainly here to stay.  Bitcoin itself very well could die off in the future,  but cryptocurrencies in general are certainly here to stay in one form or another.
16  Bitcoin / Bitcoin Discussion / Re: Bitpay/Coinbase will replace Paypal/ViSA some day? BTC platform kicks out ebay? on: June 19, 2014, 03:03:46 PM
I don't believe bitpay/coinbase will "replace"  any of these large companies that were listed in this thread.  They will most likely co-exist.  More likely than not these large companies will be adapting bitcoin or their own forms of cryptocurrency.   They only way I see them getting "replaced" is if they never adapted and implemented the benefits of cryptocurrencies into their services,  but from recent press interviews and statements its becoming obvious these companies realize they will need to adapt and they see a future with bitcoin or other crypto currencies being implemented into their existing services.
17  Bitcoin / Bitcoin Discussion / Re: Marshall's auction.... It's a trap !!! on: June 19, 2014, 02:58:15 PM
I'd rather they auction them off to wealthy investors/financial institutions/tech companies  than hold onto themselves and do lord knows what with them.

As far as needing to provide information such as ID, this is true for most auctions especially for expensive items. Same goes for escrow.  We in the community use escrow for transactions that are both small and large, why would the government not want to use escrow for the same exact reasons.
18  Bitcoin / Bitcoin Discussion / Re: Why is China so important for Bitcoin? on: June 19, 2014, 02:53:06 PM
China is somewhat important due to it's size and bitcoins popularity amongst the people there.  It's natural that when something goes on in China it can have an affect on bitcoins exchange rate.

With that said,  Bitcoin (or something like it)  will survive and grow with or without China in the long run.  Just like companies like facebook and google do just fine without China.
19  Bitcoin / Bitcoin Discussion / Re: Why satoshi is gone? on: June 18, 2014, 02:17:22 PM
The most common assumption is Satoshi left because he doesn't want the attention and most likely had fears of government action since they have a history of going after developers of other tech related things that were then used for illegal purposes (various poker software creators have had legal action taken on them for websites using their software to cater to americans for example).

I think its no coincidence that he left right around the same time the CIA started asking questions and scheduling meetings to talk to bitcoin developers.

I also think he had the foresight to see some of the blowback bitcoin has gotten and didn't people to be able to character assinate bitcoin by attaching a single person to it.
20  Bitcoin / Bitcoin Discussion / Re: What happens if the cryptography of Bitcoin gets cracked? on: June 17, 2014, 03:48:02 AM
Wouldn't bitcoin be the least of peoples worries of the cryptography was broken?

Doesn't like everything important and sensitive use the same cryptography.


If something better comes along, yes bitcoin can be updated
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