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Author Topic: Purchase Bitcoins from your iPhone.  (Read 10088 times)
armenmerikyan
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January 29, 2013, 05:00:47 AM
 #41

Please tell us how much bitcoins cost in this app.  Price for one bitcoin please.

it's .99 for 100 brownie coins

you can claim a prize of 1.0 bitcoin with 5000 brownie coins
you can claim a prize of 0.5 bitcoin with 3500 brownie coins
you can claim a prize of 0.1 bitcoin with 1000 brownie coins

So it is $50 for a bitcoin?  You are guaranteeing most of your sales will be to scammers.  Scammers don't pay for their IOS accounts so they will spend any amount (of other peoples money) to get BTC.  A normal customer is not going to pay 3x the going rate for BTC. 

well it's more like you need an apple account, download and install the app, An iPhone, $50, plus hitting that purchase button 50 times will get you one bitcoin. now that sounds like a lot work to get one bitcoin that is only worth $20. why would some one use this service when there is ebay and localbitcoins

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January 29, 2013, 05:10:32 AM
 #42

Um?   Shocked

Have you noticed no exchange allows deposits by credit card?

Think their might be a reason.


A debit card could be used as well. Would be a bitch to deal with simply because you would be taking a chance on whether there is balance enough, but with enough cards it would be at least a form of money. And then you would still have to deal with charge backs.
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January 29, 2013, 05:18:15 AM
 #43

If the process is not mature or closely monitored charge backs will be there, some one needs to develop a process and technology that bridges that gap. A good  example is Department stores selling gold jewelry.

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January 29, 2013, 07:50:45 AM
 #44

i should give it a try sound good

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January 29, 2013, 10:01:26 PM
 #45

contrary to what most people believe it seems like i am getting better results on the appstore, All i can say is paypal/ebay and localbitcoins are not good mechanism to sell digital goods like bitcoins. 

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January 30, 2013, 05:32:56 AM
 #46

Update

I am adjusting the price of bitcoins, some user are complaining about the price.

1.0 BTC is about $25 USD
0.5 BTC is about $12.50 USD
0.1 BTC is about $2.50 USD
0.01 BTC is about $.99 USD

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casascius
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January 30, 2013, 06:07:42 AM
 #47

contrary to what most people believe it seems like i am getting better results on the appstore, All i can say is paypal/ebay and localbitcoins are not good mechanism to sell digital goods like bitcoins.  

This is like saying "contrary to what everyone says, I've been doing crystal meth for two days since I started and it has given me good results, my life has never been better."

Check back in six months.

PayPal and eBay are not good ways to sell bitcoins... in the long run.

Neither is this.

We told you so.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
armenmerikyan
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January 30, 2013, 06:15:47 AM
 #48

contrary to what most people believe it seems like i am getting better results on the appstore, All i can say is paypal/ebay and localbitcoins are not good mechanism to sell digital goods like bitcoins.  

This is like saying "contrary to what everyone says, I've been doing crystal meth for two days since I started and it has given me good results, my life has never been better."

Check back in six months.

PayPal and eBay are not good ways to sell bitcoins... in the long run.

Neither is this.

We told you so.

do you acknowledge that there is a problem, the problem being that people can't buy bitcoins using their credit cards or you don't see that as a problem at all.

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January 30, 2013, 06:24:38 AM
 #49

Quote

do you acknowledge that there is a problem, the problem being that people can't buy bitcoins using their credit cards or you don't see that as a problem at all.

I wouldn't bother if I were you. The last guy who did this spent a month paying everyone back...


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January 30, 2013, 06:25:13 AM
 #50

Just because BTC has the potential to ultimately rip the balls off fiat, doesn't mean we should kidnap and rape the children of fiat along the way (enabling the purchase of BTC via fraud and theft).

armenmerikyan
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January 30, 2013, 06:31:20 AM
 #51

Just because BTC has the potential to ultimately rip the balls off fiat, doesn't mean we should kidnap and rape the children of fiat along the way (enabling the purchase of BTC via fraud and theft).

I don't get it, You think BTC has the potential to ultimately rip the balls of fiat. wow dude you been drink to much of that cool-aid.

Real money is not going away anytime soon, hence someone needs to produce a technology and process that bridges the gap. If what your are saying is true retail stores would not be selling Gold jewelry, I don't think bitcoin is as big as gold. people try to defraud retail gold shops all the time but that does not keep them out business.

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TheButterZone
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January 30, 2013, 06:34:57 AM
 #52

As previously mentioned, IIRC, retail gold shops with half a brain simply refuse to accept reversible payments. Cashier's check, wire transfer, cold cash, however...

The gold jewelry at retail stores is probably insufficient weight to require serious anti-fraud measures, if there are not armed security guards at the displays.

armenmerikyan
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January 30, 2013, 06:57:23 AM
 #53

As previously mentioned, IIRC, retail gold shops with half a brain simply refuse to accept reversible payments. Cashier's check, wire transfer, cold cash, however...

The gold jewelry at retail stores is probably insufficient weight to require serious anti-fraud measures, if there are not armed security guards at the displays.

My point exactly, I am not selling 1000 BTC per day.

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January 30, 2013, 08:18:12 AM
 #54

As previously mentioned, IIRC, retail gold shops with half a brain simply refuse to accept reversible payments. Cashier's check, wire transfer, cold cash, however...

The gold jewelry at retail stores is probably insufficient weight to require serious anti-fraud measures, if there are not armed security guards at the displays.

Most retail jewelry stores and high end retailers do have a lot of cameras for reasons other than the degenerate that tries to pull off a smash and grab.

do you acknowledge that there is a problem, the problem being that people can't buy bitcoins using their credit cards or you don't see that as a problem at all.

It is problematic in the sense it introduces an inconvenience similar to not being able to pay the mortgage with your credit card. Getting outside of the house to use Moneygram at a retailer is inconvenient, but it is awfully safe for the seller. You might actually be very safe selling very small amounts of bitcoin this way, but there is a hell of a lot of risk. Even Zygna pushes their customers buying very large amounts of virtual goods towards using wire transfers for payment, and they have very little to lose from chargebacks.

armenmerikyan
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January 30, 2013, 08:38:45 AM
 #55

As previously mentioned, IIRC, retail gold shops with half a brain simply refuse to accept reversible payments. Cashier's check, wire transfer, cold cash, however...

The gold jewelry at retail stores is probably insufficient weight to require serious anti-fraud measures, if there are not armed security guards at the displays.

Most retail jewelry stores and high end retailers do have a lot of cameras for reasons other than the degenerate that tries to pull off a smash and grab.

do you acknowledge that there is a problem, the problem being that people can't buy bitcoins using their credit cards or you don't see that as a problem at all.

It is problematic in the sense it introduces an inconvenience similar to not being able to pay the mortgage with your credit card. Getting outside of the house to use Moneygram at a retailer is inconvenient, but it is awfully safe for the seller. You might actually be very safe selling very small amounts of bitcoin this way, but there is a hell of a lot of risk. Even Zygna pushes their customers buying very large amounts of virtual goods towards using wire transfers for payment, and they have very little to lose from chargebacks.

yes when you talk about a $300000 purchase people don't care about the hoops they have to jump through because it's a big deal and both parties want to be safe as possible. the process must be reusable and standardized. but when you are buying something that is only worth $20 and given that time is money. a little bit of convenience can greatly increase or decrease the value of what your buying. example if i have to wait 1 hour to buy something that is $20 dollars, most likely i am not going to buy it unless that $20 dollars is going to have a value of $20 plus the time i wasted obtaining it.

What i found out about these comments overall, people on this forum like to take an idea and push it to such extremes that finally choke and kill the idea.

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January 30, 2013, 08:46:55 AM
 #56

LOL. Thieves have been known to dredge out wishing wells for less than $20 in coins.

When real world consequences oppose your insane optimism, I'm sure that seems pretty bloody extreme.

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January 30, 2013, 09:42:30 AM
 #57

LOL. Thieves have been known to dredge out wishing wells for less than $20 in coins.

When real world consequences oppose your insane optimism, I'm sure that seems pretty bloody extreme.


which begs the question is your real world dictating the insane or the insane dictating the real world. I would go with the latter and it seems like you would go with the former. and that my friend is the difference between me and you. your not a bad guy your just real and i am insane.

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armenmerikyan
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January 30, 2013, 11:19:18 AM
 #58

Lets see how many bitcoins I got cheated out of tonight.  Grin

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January 30, 2013, 12:21:25 PM
 #59

Same result, people are buying the brownie coins with jail broken phones. this project is going on the back burner.


Thank you all for you feedback and support

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January 31, 2013, 12:28:16 AM
 #60

Coming off the back burner.

Situation: We actually got some legit members participating in the program for the purpose of handing out rewards,

What I learned: It seems that i need to be really careful here with stollen or hacked apple gift cards.

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