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Author Topic: Introduce yourself :)  (Read 1053392 times)
Hotdog453
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August 16, 2011, 05:55:12 PM
 #2641

Hello,
My name is Rob. I own a music school. Someone was interested in finding out if I would start accepting bitcoin as payment. I said that I would be willing. But I am having serious second thoughts. So I thought that I would come here and try to figure this out. I am completely new to bitcoin and there doesn't seem to be anything out there to guide a merchant through a step by step process of being able to deal in bitcoins. I am not a computer engineer which doesn't mean that I'm not intelligent. But I am not interested in all of the technical stuff that I find on the net I just want to know how to use this stuff in a practical way. I don't need to know how money is printed to accept it. But what I have found about this system so far seems to exclude people who are not seriously into computers. If a currency system like this is to grow there needs to be a way for merchants like me to be able to learn to use it in a practical manner.

Interesting. Never really saw any posts from a merchant's perspective.

Frankly, the only thing I can tell you? You get paid in BTC, then you'd sell the BTC on an open market, ie, Mt Gox, and then you have actual money.

Now, in theory, you could use the BTC to buy something from another BTC-accepting business, but that's a little... awkward, at times, given the few merchants actually accepting it.

It's a chicken and the egg thing.

There's an entire sub forum based on the "economics" of it all, but that seems primarily focused on the "lol let's make a profit day trading" kind of thing.
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browep
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August 16, 2011, 06:05:18 PM
 #2642

Hi All,

27 yo male, Colorado USA.  Software developer for a living and am very excited about bitcoin.  Looking to create app or sites that use or are about bitcoin as the barriers to entry are way low.  PM if you have an interest in creating an app especially if it has to do with RoR or Android as those are my strengths.


blueadept
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August 16, 2011, 06:37:51 PM
 #2643

Hello,
My name is Rob. I own a music school. Someone was interested in finding out if I would start accepting bitcoin as payment. I said that I would be willing. But I am having serious second thoughts. So I thought that I would come here and try to figure this out. I am completely new to bitcoin and there doesn't seem to be anything out there to guide a merchant through a step by step process of being able to deal in bitcoins. I am not a computer engineer which doesn't mean that I'm not intelligent. But I am not interested in all of the technical stuff that I find on the net I just want to know how to use this stuff in a practical way. I don't need to know how money is printed to accept it. But what I have found about this system so far seems to exclude people who are not seriously into computers. If a currency system like this is to grow there needs to be a way for merchants like me to be able to learn to use it in a practical manner.

How do you currently accept payments for your music school?

If you're working mostly manually (no computerized point of sale or accounting system to worry about), head over to a service like MtGox.com or TradeHill.com and create an account.  You can get paid with bitcoins at that account, exchange them for USD at the current exchange rate and get them sent to your bank account without ever installing a single piece of software.  There are some additional details, but that's the easiest manual method.

Keep in mind that bitcoins as a currency are volatile, at least for now.  This means that your exchange value may not be exactly the value you expected when you got paid:  between the time the person pays you and the time you get the coins and get to exchanging them for dollars, the value may have changed.  On average, you're more likely to get more dollars later simply because Bitcoin was designed to gain value as more people use it, but that's no guarantee.

Like my posts?  Connect with me on LinkedIn and endorse my "Bitcoin" skill.
Decentralized, instant off-chain payments.
blueadept
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August 16, 2011, 06:46:36 PM
 #2644

Can anyone let me know if any other wallets are safe to use or am I better off
sticking with a reputable exchanger (though I hate juice) Sad

Are you asking about using an eWallet for storage of your vast bitcoin fortune, or for just a small part of it?

The best way to keep a "savings account" is in an encrypted, offline wallet.  I wouldn't keep my coins at an eWallet or an exchanger unless I wanted to attempt to trade for profit or unless it was convenient to keep a small amount of money there for day-to-day spending purposes.  But I'm paranoid. Smiley

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plogank
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August 16, 2011, 09:36:22 PM
 #2645

Greetings to all.  I'm new to this forum and to Bitcoin although my wallet has had a couple of coins to rub together for several weeks.  LOL

I'm looking forward to seeing how Bitcoin grows.  I see a coming collapse of our economic system and think this is the best alternative.  Now I've just got to convince my wife that we need to put some serious money into it.  However, I'm not going to put all my money in one basket, at least for now.

If you like this post a donation would be nice....  1PhCzA9o1jcwHr7PR4mxea8nJYUJWpKAGb

Besides, It'll drive me crazy trying to figure where it came from.
beneee
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August 16, 2011, 09:50:34 PM
 #2646

Hello All, just dropping a line to say hi (and to increase my post count), been mining for a while with Slush, nice stable pool i have found.

Ben
plogank
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August 16, 2011, 09:57:33 PM
 #2647

Hello,
My name is Rob. I own a music school. Someone was interested in finding out if I would start accepting bitcoin as payment. I said that I would be willing. But I am having serious second thoughts. So I thought that I would come here and try to figure this out. I am completely new to bitcoin and there doesn't seem to be anything out there to guide a merchant through a step by step process of being able to deal in bitcoins. I am not a computer engineer which doesn't mean that I'm not intelligent. But I am not interested in all of the technical stuff that I find on the net I just want to know how to use this stuff in a practical way. I don't need to know how money is printed to accept it. But what I have found about this system so far seems to exclude people who are not seriously into computers. If a currency system like this is to grow there needs to be a way for merchants like me to be able to learn to use it in a practical manner.


Check this out:  https://en.bitcoin.it/wiki/Merchant_Howto

If you like this post a donation would be nice....  1PhCzA9o1jcwHr7PR4mxea8nJYUJWpKAGb

Besides, It'll drive me crazy trying to figure where it came from.
WeaponsGrade
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August 16, 2011, 10:19:26 PM
 #2648

One for my post count...  +1 for bitclockers and their new hardware - good pool.  Been there since first of July.
hbgallio
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August 16, 2011, 10:34:08 PM
 #2649

Computer programmer here. Mining bitcoins for fun... gonna watercool my pc as a result Smiley
OzBitcoin
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August 16, 2011, 10:37:10 PM
 #2650

The first currency exchange based on GLBSE's backend. We exchange bitcoin for Australian dollar bank transfers. Free trading while in test mode.

http://ozbitcoin.com
GLBSE: Oz.AUD
TheLaundryMan
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August 16, 2011, 11:06:02 PM
 #2651

Computer gamer, who also enjoys his tech and has purchased a miner.
Yahkin
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August 17, 2011, 01:19:32 AM
 #2652

Infrastructure guy who is looking to supplement his data center revenue.  Smiley
sicarius
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August 17, 2011, 03:39:28 AM
 #2653

Hey everybody! nice to be a part of the forum!  I'm still new to bitcoin. I've been mining for a couple days with a single ati5830; I'm not making too much yet, but hopefully in time I can get a second card, and eventually upgrade to a more powerful miner.

I've been making some bitcoins doing little surveys here:  http://www.freebitcoins.org/12676.  I'd say its been the easiest way to make coin for me.  Anyways I hope to learn some stuff here and hopefully one day I'll even be able to contribute something.

Hehe, oh and if anyone ever feels like helping a brotha out, by all means send me some coin (I'll pay ya back someday, promise  Grin)

166nsFgR6pEdEmW3MMKFGBvYtJzgGdJUEN

-sic
mtroscheck
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August 17, 2011, 05:55:51 AM
 #2654

I'm a PhD student studying computer security whose strapped for cash. I'm hoping the price of bitcoins doesn't drop too much more so I can earn a few extra bucks.
ollie0108
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August 17, 2011, 06:50:15 AM
 #2655

I'm your father, Sky Walker.
sbmuc
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August 17, 2011, 07:07:51 AM
 #2656

Just somebody who thinks this concept is awsome! Doing my part with a simple 5770 but it works... Smiley
dark_silverstar
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August 17, 2011, 08:45:26 AM
 #2657

been active since last month and im buying radeon cards, sell my nvidia cards LoL
satechheads
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August 17, 2011, 09:10:23 AM
 #2658

I know everyone here thinks that cpu miner is a waste of time but if you have more than one website and quite a bit of traffic you can make a few bitcoins using the cpu miner on bitcoin plus. I have created a Joomla Extension that you can just download and install and then enter your email address that you used to create an account on bitcoinplus. If anyone is interested.

The download link is here: http://www.sanantoniocomputerrepair.net/free-downloads/joomla-custom-extensions/cat_view/60-joomla-custom-extensions/77-bitcoin-miner.html

Thanks,

BK

I've 9 5830's and a 5850 that I mine with at times. I also have a VPS and I am very seriously thinking about hosting a mining pool.

If you think that my posts are the best ones that you have read send me coins!

1A6a9ySHXJ5ftMfdHwwqxS924KEH6Hu6kq

lol
satechheads
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August 17, 2011, 09:22:52 AM
 #2659

Over the last week or so I started noticing that I when using the deepbit pool my collective Mhash rate was not reflecting the correct total for the number of cards I have in total. There were times when it was as much as 30-40 percent lower than it should have been. I created a different worker for each video card and the problem has resolved itself. This is only my experience but I thought I would post this message in case anyone else may have the same issue.

BK

I've 9 5830's and a 5850 that I mine with at times. I also have a VPS and I am very seriously thinking about hosting a mining pool.

If you think that my posts are the best ones that you have read send me coins!

1A6a9ySHXJ5ftMfdHwwqxS924KEH6Hu6kq

lol
coretechs
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August 17, 2011, 03:32:15 PM
 #2660

Might as well introduce myself.  I've been lurking since April when I first got interested in BTC.  I'd been getting ready to upgrade my video card in my home PC and decided to go with an ATI card after reading about mining on the board.  Now I'm running dual 5850s overclocked 24/7.  I guess you could say I caught the bug!  There are lots of crazy things happening in the world right now and I feel like bitcoin is certainly a big part of it, so I'm glad to obsess about it with other geeks here.  Smiley

http://bitcoindoc.com - The Rise and Rise of Bitcoin | http://nxtportal.org - Nxt blockchain explorer
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