Bitcoin Forum
June 24, 2017, 04:01:30 PM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: z  (Read 1202 times)
znort987
Early bitcoin miner
VIP
Member
*
Offline Offline

Activity: 74



View Profile
z
March 07, 2011, 11:02:24 PM
 #1

z

1Fj3WdCLXhYtKY25xZAdBv38mLoPfoHry
1498320090
Hero Member
*
Offline Offline

Posts: 1498320090

View Profile Personal Message (Offline)

Ignore
1498320090
Reply with quote  #2

1498320090
Report to moderator
Join the Crowdfunding Revolution ►► FundYourselfNow.com ◄◄ Crowdsale with
attractive rewards
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1498320090
Hero Member
*
Offline Offline

Posts: 1498320090

View Profile Personal Message (Offline)

Ignore
1498320090
Reply with quote  #2

1498320090
Report to moderator
1498320090
Hero Member
*
Offline Offline

Posts: 1498320090

View Profile Personal Message (Offline)

Ignore
1498320090
Reply with quote  #2

1498320090
Report to moderator
1498320090
Hero Member
*
Offline Offline

Posts: 1498320090

View Profile Personal Message (Offline)

Ignore
1498320090
Reply with quote  #2

1498320090
Report to moderator
asdf
Hero Member
*****
Offline Offline

Activity: 527


View Profile
March 08, 2011, 01:30:23 AM
 #2

Revertible transactions and fraud management inherit in established online payment mechanisms drive up the cost of transactions, which is precisely what makes micro-transactions infeasible.

Online payment is hard... because you insist on making it hard. Use bitcoin :-)

I didn't read the article, though.
Dobry Den
Jr. Member
*
Offline Offline

Activity: 41


View Profile
March 08, 2011, 03:16:21 AM
 #3

Revertible transactions and fraud management inherit in established online payment mechanisms drive up the cost of transactions, which is precisely what makes micro-transactions infeasible.

Nailed it.

Know what's also irreversible? Giving $10 cash to someone in person. The only reason you can reverse transactions online is because establishments have risen up on top of the fundamental transaction layer as a buffer.

Nothing about Bitcoin precludes it from having reversible transactions.
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616


Firstbits.com/1fg4i                :Ƀ


View Profile
March 08, 2011, 03:22:49 AM
 #4

Well, after giving the guy your paper note, if he in return doesn't give you the candy you could try beating the hell outta him and if successfull leave with your paper note AND his whole candybox....

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
Dobry Den
Jr. Member
*
Offline Offline

Activity: 41


View Profile
March 08, 2011, 03:34:53 AM
 #5

Well, after giving the guy your paper note, if he in return doesn't give you the candy you could try beating the hell outta him and if successfull leave with your paper note AND his whole candybox....

What about Bitcoins denies you from coercing someone in person for a refund?
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616


Firstbits.com/1fg4i                :Ƀ


View Profile
March 08, 2011, 03:50:17 AM
 #6

You don't necessarilly know who the person is

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
mizerydearia
Hero Member
*****
Offline Offline

Activity: 574



View Profile
March 08, 2011, 06:38:53 AM
 #7

You don't necessarilly know who the person is

Before you trade with bitcoins for something, whether using bitcoins or any other currency, you should probably establish an idea of whether or not you trust the individual or merchant, whether by knowing them or their reputation or some other acceptable method that seems legitimate and verifiable.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!