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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Holliday
Legendary
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Activity: 1120
Merit: 1009
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January 16, 2014, 06:05:28 AM |
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Bazinga!
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If you aren't the sole controller of your private keys, you don't have any bitcoins.
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greenlion
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January 16, 2014, 06:46:33 AM |
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Andreas Antonopolous put it best on an episode of Let's Talk Bitcoin, basically making the observation that the only reason you ever heard of Dwolla in the first place is because of Bitcoin.
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Tomatocage
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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January 16, 2014, 06:52:56 AM |
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Dwolla had their chance and they blew it. Have fun playing in the analog world.
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happygeorge (OP)
Full Member
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Activity: 146
Merit: 100
In da Jungle!
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January 16, 2014, 06:58:28 AM |
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happygeorge (OP)
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Activity: 146
Merit: 100
In da Jungle!
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January 16, 2014, 07:02:05 AM |
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Andreas Antonopolous put it best on an episode of Let's Talk Bitcoin, basically making the observation that the only reason you ever heard of Dwolla in the first place is because of Bitcoin.
That's EXACTLY how I would put it! Because it is/was true!!!! The only reason I looked them up was because I am about to unsubscribe from their Newsletter, and I was curious to see what I am saying "NO MORE!" to... NO MORE DWOLLA, thanks, but NO THANKS! |
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CatCoin
Newbie
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Activity: 38
Merit: 0
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January 16, 2014, 07:34:47 AM |
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I use Dwolla, but only because I despise Paypal.
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happygeorge (OP)
Full Member
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Activity: 146
Merit: 100
In da Jungle!
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January 16, 2014, 07:41:29 AM |
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I use Dwolla, but only because I despise Paypal.
For "Bitcoin" buy/sells? |
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CatCoin
Newbie
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Activity: 38
Merit: 0
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January 16, 2014, 08:12:59 AM |
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I use Dwolla, but only because I despise Paypal.
For "Bitcoin" buy/sells? No, I meant in general for online payments. |
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Matt Y
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January 16, 2014, 09:07:13 AM |
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Surprising how much hate Dwolla gets. They are trying to do good things for people and I think they will succeed.
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Liquid
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January 16, 2014, 10:25:59 AM |
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Pretty much made another fork  |
Bitcoin will show the world what hard money really is.
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dissident
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January 16, 2014, 11:06:41 AM |
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free advertising, considering I didn't know what 'dwolla' was before you posted this thread.
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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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January 16, 2014, 12:56:39 PM |
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free advertising, considering I didn't know what 'dwolla' was before you posted this thread.
Same here. This is the first time I have encountered something called dwolla and I thought the the OP mis-spelled dollar !!! |
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bigb159
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January 16, 2014, 01:18:48 PM |
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free advertising, considering I didn't know what 'dwolla' was before you posted this thread.
Same here. This is the first time I have encountered something called dwolla and I thought the the OP mis-spelled dollar !!! Dwolla is dollar with a Bwoston accent. Dwolla used to process USD cashouts of MtGox, I believe, but hung a bunch of people out to dry somewhere along the road and dropped Bitcoin altogether. |
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bitpop
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Activity: 2912
Merit: 1060
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January 16, 2014, 01:40:25 PM |
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They ALMOST made it.
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happygeorge (OP)
Full Member
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Activity: 146
Merit: 100
In da Jungle!
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January 18, 2014, 03:25:26 PM |
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free advertising, considering I didn't know what 'dwolla' was before you posted this thread.
ooops.... oh well...may the best system win!  |
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 18, 2014, 03:56:39 PM |
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Dumbass dwolla wanted to charge me a monthly fee to use the mobile app! Lolllll
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Littleshop
Legendary
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Activity: 1386
Merit: 1003
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January 18, 2014, 05:58:44 PM |
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They ALMOST made it.
With billion dollar buyouts happening all the time in techland they should have kept with Bitcoin long enough and leveraged the checkout process for storefronts like Paypal offer merchants an alternative to 2% payouts. Basically paypal without the credit cards and therefore less chargebacks for them and no fees. They could have classified virtual currency trades differently and had HIGHER fees for them and the community would have stuck with them. I think they could have raised their tiny fee 8x (for over $100 transactions) and the Bitcoiners would have kept using them. They could have also mandated higher/longer holdbacks on Bitcoin sellers and implemented some simple anti fraud actions to make it all be profitable for them. Highly profitable. They then could have sold for multi-billion dollars to Google. Easily. |
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 18, 2014, 06:00:55 PM |
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They ALMOST made it.
With billion dollar buyouts happening all the time in techland they should have kept with Bitcoin long enough and leveraged the checkout process for storefronts like Paypal offer merchants an alternative to 2% payouts. Basically paypal without the credit cards and therefore less chargebacks for them and no fees. They could have classified virtual currency trades differently and had HIGHER fees for them and the community would have stuck with them. I think they could have raised their tiny fee 8x (for over $100 transactions) and the Bitcoiners would have kept using them. They could have also mandated higher/longer holdbacks on Bitcoin sellers and implemented some simple anti fraud actions to make it all be profitable for them. Highly profitable. They then could have sold for multi-billion dollars to Google. Easily. They didn't have much choice though. The government seized some bank accounts. They could have quickly pivoted to become a Bitcoin exchange. They could be the Coinbase. So I don't feel bad for them. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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January 18, 2014, 06:17:21 PM |
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It's a little unfair to compare a payments company with an entire distributed consensus ledger. Here's a more balanced comparison.  |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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