Search content
Sort by
Showing 20 of 79 results by GoldSilverBitcoin
Why GoldSilverBitcoin No Longer Accepts Wire or Cheque
When I was lucky enough to purchase GoldSilverBitcoin.com in 2012, I knew what I wanted to do with it: Start a precious metals for Bitcoin dealer website. I had had a little bit of experience in this space as my first real job after college was working for a precious metals dealer/coin shop. I had been learning the ins-and-outs of Wordpress and I was excited to move forward and learn more.
I had created a job...for myself. And for those of us who have ever generated our own income (even if just pennies from AdSense), this is an incredible moment. I was excited to own such a dynamic domain name, and felt as though it was clear what I should do with it, especially considering I am not programmer.
Fast forward two years about, and all I can say is that I have learned so much as a young entrepreneur - about myself, about others and most importantly what I want out of this life. I am in no way as monied as some of the other precious metals dealers in the space, so at times it has been a struggle keeping everything running smoothly. At this point, I am very content flying under the radar and growing my business over time as more-and-more customers get their product delivered in good time.
One of the main financial lessons I have learned from running GoldSilverBitcoin, with the help of a family member, is that cheques and wire transfers take a lot of time. All of the personal life lessons aside, this has been a major lesson for me. I simply couldn't/can't wait 3-7 days for cheques to clear and oftentimes wires take 2 days. I simply never have had the bankroll to carry the risk, as I have mostly always held full-time work outside of GldSlvBtc in order to support my riskier ventures. I realized if I stopped accepting wires/cheques, I'd no longer have to worry if USD customers would get around to paying and if I should lock in that gold/silver order before payment has been received.
And so that's why a couple months ago I quietly disabled USD pricing on my website and have moved away from accepting cheques and wires. The bulk of the orders at GldSlvBtc were always Bitcoin, but I had picked up some USD customers along the way. In the scheme of things, losing these few USD customers does not really affect me in any meaningful way. Not accepting wires/cheques is no political statement, just a convenience factor that will allow me to possibly focus on some projects on the side, like a book on Bitcoin (Bitcoinomics: The Decentralization Of All Things), a novel I've had written for a decade (editing takes forever), and music endeavors.
GoldSilverBitcoin will continue to take up the bulk of my thoughts/time for the foreseeable. But by accepting only Bitcoin, via BitPay or Coinbase, I can simplify the overall business operator and free myself up to live a little more.
I thought maybe somebody would be interested in this. Thanks for reading.
Best
Justin O'Connell
GoldSilverBitcoin
Our Very Own Special Show (http://ourveryownspecialshow.com)
Bitcoinomics.net
I had created a job...for myself. And for those of us who have ever generated our own income (even if just pennies from AdSense), this is an incredible moment. I was excited to own such a dynamic domain name, and felt as though it was clear what I should do with it, especially considering I am not programmer.
Fast forward two years about, and all I can say is that I have learned so much as a young entrepreneur - about myself, about others and most importantly what I want out of this life. I am in no way as monied as some of the other precious metals dealers in the space, so at times it has been a struggle keeping everything running smoothly. At this point, I am very content flying under the radar and growing my business over time as more-and-more customers get their product delivered in good time.
One of the main financial lessons I have learned from running GoldSilverBitcoin, with the help of a family member, is that cheques and wire transfers take a lot of time. All of the personal life lessons aside, this has been a major lesson for me. I simply couldn't/can't wait 3-7 days for cheques to clear and oftentimes wires take 2 days. I simply never have had the bankroll to carry the risk, as I have mostly always held full-time work outside of GldSlvBtc in order to support my riskier ventures. I realized if I stopped accepting wires/cheques, I'd no longer have to worry if USD customers would get around to paying and if I should lock in that gold/silver order before payment has been received.
And so that's why a couple months ago I quietly disabled USD pricing on my website and have moved away from accepting cheques and wires. The bulk of the orders at GldSlvBtc were always Bitcoin, but I had picked up some USD customers along the way. In the scheme of things, losing these few USD customers does not really affect me in any meaningful way. Not accepting wires/cheques is no political statement, just a convenience factor that will allow me to possibly focus on some projects on the side, like a book on Bitcoin (Bitcoinomics: The Decentralization Of All Things), a novel I've had written for a decade (editing takes forever), and music endeavors.
GoldSilverBitcoin will continue to take up the bulk of my thoughts/time for the foreseeable. But by accepting only Bitcoin, via BitPay or Coinbase, I can simplify the overall business operator and free myself up to live a little more.
I thought maybe somebody would be interested in this. Thanks for reading.
Best
Justin O'Connell
GoldSilverBitcoin
Our Very Own Special Show (http://ourveryownspecialshow.com)
Bitcoinomics.net
Due to lack of overall demand, I took down the p2p exchange. Visit us today for the store, as well as the blog.
http://goldsilverbitcoin.com
-Justin
http://goldsilverbitcoin.com
-Justin
2015-01-13 Gold Silver Bitcoin - A DISCUSSION ON BITCOIN WITH ROGER VER
https://www.goldsilverbitcoin.com/a-discussion-on-bitcoin-with-roger-ver/
Roger Ver is among the best known bitcoiners, with investments in core bitcoin startups such as, BitPay, Ripple, Blockchain and others. Roger has tirelessly championed the financial and technological uses for Bitcoin and their applications to modern life. Part entrepreneur, part philosopher Roger can be seen globetrotting to various Bitcoin conferences and gatherings. He has served as full time CEO of MemoryDealers.com. Having discovered Bitcoin in early 2011, Roger became convinced it was the most important invention in the history of the world since the internet.
Thank you for taking your time to do this, Roger!
RV: My pleasure and thank you.
What is important to you, personally, in your day-to-day life?
RV: I enjoy computers, economics, and brazilian jujitsu. I also think that social problems should be solved without violence or threats of violence.
What is your earliest memory of your own personal counter culture thought?
RV: I remember being in the 4th or 5th grade. There was a cigarette tax increase on the ballot in California. It was being promoted as a way to fund the schools. Initially I was in favor of the tax increase since I was a student in the school, but an adult with some common sense pointed out to me that just because someone chooses to smoke, doesnt mean that they should have to pay more in taxes than people who dont smoke. That was a real shifting point in my view of the world.
What has led you to make investments in many of the companies you are currently invested in?
RV: I started investing in Bitcoin and Bitcoin related startups because I am excited by the ways it will strip away governments ability to control peaceful people. Many people are discussing how governments will regulate Bitcoin. They dont seem to realize that in the end, Bitcoin will regulate governments, not the other way around.
Which is one you are excited about because of its originality?
RV: I still think Blockchain.info has a lot of potential to allow people anywhere in the world, regardless of what the politicians in their country decree, to send and receive bitcoins with anyone else.
What are some of your future plans in the community?
RV: Currently Im working on funding a team for the creation of a new distributed app that will help push the world in a better direction. Hopefully it will be ready for testers later in 2015, and maybe the world in 2016. Ill release more details later.
In anarcho-capitalist/libertarian thought, less government (or none) is better. Does the blockchain offer humanity the opportunity to engage in a new form of governance. A fair, balanced and agnostic governance in which things like car registrations are not connected with DMVs but with highly convenient blockchain technologies enabling us to have accountability over aspects of life government currently controls. (For instance, while an anarcho-capitalist might say, I dont need permission to drive my property, there are practical reasons for us to know who is driving which vehicle (hit and runs for example).
RV: As Jeffrey Tucker mentioned in his new Bitcoin book:
Name any seemingly essential service that government has offered in the 20th century and you can name a cheaper, more effective, more innovative, and more accessible private alternative. There is nothing that states can do that needs to be done that markets cannot do better.
(Excerpt From: Jeffrey Tucker. Bit by Bit: How P2P Is Freeing the World. iBooks.)
I think we will see this trend continue into the future, especially thanks to blockchain related technologies.
Recently, a Border Patrol agent in secondary on my way home from Tijuana to San Diego was inspecting my vehicle and my life and he wanted very badly to know what I did for a living. I told him about Bitcoin, that it was a decentralized digital currency that has gained in popularity in recent years. What would you have told him if you were in my situation?
RV: If I have friends with cameras near by, I may tell them that I work to point out the institutionalized violence in our society, and the hypocrisy of those involved in it when they claim that they are our public servants while at the same time, threatening us with violence if we dont obey their commands. I would make sure to be wearing my Borders are Imaginary Lines shirt as well.
Other times I just say Im an investor in fintech startups.
Does the possibility exist for Bitcoin to be co-opted? (this term can mean either overtaken and controlled or the relatively benign commercially adopted)
RV: If I thought bitcoin could be co-opted in a way that will allow centralized institutions to impose their will on others, I would have never gotten involved.
What are your thoughts on the Bitcoin Foundation?
RV: The Bitcoin Foundation may be able to do some good things for Bitcoin.
Those who agree, can participate and help. Those who dont, are free to ignore it.
What excites you about the Bitcoin community?
RV: When I first got involved, nearly everyone was a voluntaryist / free market advocate type.
What worries you about the Bitcoin community?
RV: My biggest complaint is that many in the Bitcoin community spend all their time talking about what will be possible rather than actually creating the tools to make those things possible. Actions speak louder than words.
Does Bitcoin need to go mainstream to succeed?
RV: Bitcoin doesnt need to go mainstream to succeed. It is already a success in the sense that it already allows anyone, anywhere on the planet to exchange value with each other, without requiring permission.
Can Bitcoin go mainstream?
RV: It is very clear that Bitcoin is already on its way to going mainstream.
Microsoft, Dell, Expedia, these are household names.
What do you imagine the world will look like in one hundred years?
RV: I think machines will have surpassed human intelligence and will likely have created their own technology that is even beyond the realm of our human limited imaginations.
What industries, besides banking and finance, do you see Bitcoin revolutionizing most?
RV: Governance.
Roger Ver is among the best known bitcoiners, with investments in core bitcoin startups such as, BitPay, Ripple, Blockchain and others. Roger has tirelessly championed the financial and technological uses for Bitcoin and their applications to modern life. Part entrepreneur, part philosopher Roger can be seen globetrotting to various Bitcoin conferences and gatherings. He has served as full time CEO of MemoryDealers.com. Having discovered Bitcoin in early 2011, Roger became convinced it was the most important invention in the history of the world since the internet.
Thank you for taking your time to do this, Roger!
RV: My pleasure and thank you.
What is important to you, personally, in your day-to-day life?
RV: I enjoy computers, economics, and brazilian jujitsu. I also think that social problems should be solved without violence or threats of violence.
What is your earliest memory of your own personal counter culture thought?
RV: I remember being in the 4th or 5th grade. There was a cigarette tax increase on the ballot in California. It was being promoted as a way to fund the schools. Initially I was in favor of the tax increase since I was a student in the school, but an adult with some common sense pointed out to me that just because someone chooses to smoke, doesnt mean that they should have to pay more in taxes than people who dont smoke. That was a real shifting point in my view of the world.
What has led you to make investments in many of the companies you are currently invested in?
RV: I started investing in Bitcoin and Bitcoin related startups because I am excited by the ways it will strip away governments ability to control peaceful people. Many people are discussing how governments will regulate Bitcoin. They dont seem to realize that in the end, Bitcoin will regulate governments, not the other way around.
Which is one you are excited about because of its originality?
RV: I still think Blockchain.info has a lot of potential to allow people anywhere in the world, regardless of what the politicians in their country decree, to send and receive bitcoins with anyone else.
What are some of your future plans in the community?
RV: Currently Im working on funding a team for the creation of a new distributed app that will help push the world in a better direction. Hopefully it will be ready for testers later in 2015, and maybe the world in 2016. Ill release more details later.
In anarcho-capitalist/libertarian thought, less government (or none) is better. Does the blockchain offer humanity the opportunity to engage in a new form of governance. A fair, balanced and agnostic governance in which things like car registrations are not connected with DMVs but with highly convenient blockchain technologies enabling us to have accountability over aspects of life government currently controls. (For instance, while an anarcho-capitalist might say, I dont need permission to drive my property, there are practical reasons for us to know who is driving which vehicle (hit and runs for example).
RV: As Jeffrey Tucker mentioned in his new Bitcoin book:
Name any seemingly essential service that government has offered in the 20th century and you can name a cheaper, more effective, more innovative, and more accessible private alternative. There is nothing that states can do that needs to be done that markets cannot do better.
(Excerpt From: Jeffrey Tucker. Bit by Bit: How P2P Is Freeing the World. iBooks.)
I think we will see this trend continue into the future, especially thanks to blockchain related technologies.
Recently, a Border Patrol agent in secondary on my way home from Tijuana to San Diego was inspecting my vehicle and my life and he wanted very badly to know what I did for a living. I told him about Bitcoin, that it was a decentralized digital currency that has gained in popularity in recent years. What would you have told him if you were in my situation?
RV: If I have friends with cameras near by, I may tell them that I work to point out the institutionalized violence in our society, and the hypocrisy of those involved in it when they claim that they are our public servants while at the same time, threatening us with violence if we dont obey their commands. I would make sure to be wearing my Borders are Imaginary Lines shirt as well.
Other times I just say Im an investor in fintech startups.
Does the possibility exist for Bitcoin to be co-opted? (this term can mean either overtaken and controlled or the relatively benign commercially adopted)
RV: If I thought bitcoin could be co-opted in a way that will allow centralized institutions to impose their will on others, I would have never gotten involved.
What are your thoughts on the Bitcoin Foundation?
RV: The Bitcoin Foundation may be able to do some good things for Bitcoin.
Those who agree, can participate and help. Those who dont, are free to ignore it.
What excites you about the Bitcoin community?
RV: When I first got involved, nearly everyone was a voluntaryist / free market advocate type.
What worries you about the Bitcoin community?
RV: My biggest complaint is that many in the Bitcoin community spend all their time talking about what will be possible rather than actually creating the tools to make those things possible. Actions speak louder than words.
Does Bitcoin need to go mainstream to succeed?
RV: Bitcoin doesnt need to go mainstream to succeed. It is already a success in the sense that it already allows anyone, anywhere on the planet to exchange value with each other, without requiring permission.
Can Bitcoin go mainstream?
RV: It is very clear that Bitcoin is already on its way to going mainstream.
Microsoft, Dell, Expedia, these are household names.
What do you imagine the world will look like in one hundred years?
RV: I think machines will have surpassed human intelligence and will likely have created their own technology that is even beyond the realm of our human limited imaginations.
What industries, besides banking and finance, do you see Bitcoin revolutionizing most?
RV: Governance.
I wrote an article on something similar awhile ago. Perhaps it is of interest.
https://www.goldsilverbitcoin.com/what-does-it-mean-for-bitcoin-to-be-one-million-years-old/
https://www.goldsilverbitcoin.com/what-does-it-mean-for-bitcoin-to-be-one-million-years-old/
Re: Buy Gold/Silver (WITH ESCROW, FREE SHIP) with your BTC / LTC (NGC GRADED COINS)
Hello,
My name is Justin and I run GoldSilverBitcoin. I will be going over your coins today/tomorrow to see if there is anything I can do to help you out.
Best
Justin
My name is Justin and I run GoldSilverBitcoin. I will be going over your coins today/tomorrow to see if there is anything I can do to help you out.
Best
Justin
Yeh nice read, Bitcoin has taken my world to, first thing I dont when I start up my pc is check coinmarketcap and this forum.
I also think Bitcoin will have a promising future, everyday new stores and artist's are accepting Bitcoin as a payment.
In my country The Netherlands, we have a website where you can order food from alot of foodplaces in your city.
And they are already accepting bitcoins as a payment, I think Holland is already pretty far with Bitcoins.
I also think Bitcoins will do good for the world, just because it could eliminate banking.
And that's definitely something we need to become a better world!
I also think Bitcoin will have a promising future, everyday new stores and artist's are accepting Bitcoin as a payment.
In my country The Netherlands, we have a website where you can order food from alot of foodplaces in your city.
And they are already accepting bitcoins as a payment, I think Holland is already pretty far with Bitcoins.
I also think Bitcoins will do good for the world, just because it could eliminate banking.
And that's definitely something we need to become a better world!
Bitcoin has had a lot of success in the home of central banking. I can't wait to visit Amsterdam again.
If a bank gets any notion of you using bitcoin, they might shut down your account. I have experienced this personally. Open a new one, do it at a smaller branch too. They seem to be easier to work with. And tell your wife it is okay! Just a bank account...don't think this reflects on credit.
Re: Will Satoshi Nakamoto become the richest person on earth?
Thing is, he might become the first trillionaire too.
I wouldn't be surprised if such illionaires existed already....
Re: What does the Bilderberg Group think of Bitcoin and Crypto's?
Hello, everyone. I didn't see this thread until now.
Here is an article I wrote on 2014's attendees and their views on btc.
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
Here is an article I wrote on 2014's attendees and their views on btc.
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
Nice article TY At least Thiel and Schmidt should be batting for Crypto's .
Agreed, but apparently they did not speak of it....
https://www.goldsilverbitcoin.com/bilderberger-speaks-out-bitcoin-not-discussed-at-historic-meeting/
Re: Bilderberg actually talks nukes, euro nationalism and… Barack Obama – leak
I wrote this blog earlier on what the Bilderbergers publicly think of bitcoin...at least this year's attendees.
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
Re: What does the Bilderberg Group think of Bitcoin and Crypto's?
Hello, everyone. I didn't see this thread until now.
Here is an article I wrote on 2014's attendees and their views on btc.
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
Here is an article I wrote on 2014's attendees and their views on btc.
https://www.goldsilverbitcoin.com/what-bilderbergs-2014-attendees-think-about-bitcoin/
Not really related but I would so want to buy a Shiba and called it Doge.
Related. Maybe this article will have to be about all of our desired pets named after crypto something or other....
Millibit the Millipede. Does that count? 
Do you have a millipede named millibit? Yes - this is totally in the framework of the article. I am guessing you don't though. This article might work anyway as an Onion type article...
I think this is the right thread...
Does anyone have any pets named after bitcoin or satoshi? Would you be willing to answer some questions and send a photo? I'd like to write an article on this for gsb and bitcoinomics.
Best,
Justin
Does anyone have any pets named after bitcoin or satoshi? Would you be willing to answer some questions and send a photo? I'd like to write an article on this for gsb and bitcoinomics.
Best,
Justin