Search content
Sort by
Showing 20 of 28 results by fingerpaint
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Re: BitcoinSports.eu - Bitcoin Sportsbook - PLAY or INVEST - No Registration!
http://www.bitcoinsports.eu/bet/af712
http://www.bitcoinsports.eu/bet/08be2
Two from this weekend that still need paying out. Thanks.
http://www.bitcoinsports.eu/bet/08be2
Two from this weekend that still need paying out. Thanks.
Seems like they are trying to create their own bitcoin functionality.
By allowing you to pay for things online? F*!king paypal, always stealing everyone's ideas.
Re: BitcoinSports.eu - Bitcoin Sportsbook - PLAY or INVEST - No Registration!
Everyone needs to calm down it has always taken bitcoinsports a little time to do things but things always end up done
So far this has been my experience as well.
http://static.tvtropes.org/pmwiki/pub/images/derailed_train_455.jpg
I think it's inevitable that the value of all crypto-currencies combined will far exceeed a 1 trillion dollar cap. Whether bitcoin does it will depend on how it fares against the competition over the next decade or two.
I think it's inevitable that the value of all crypto-currencies combined will far exceeed a 1 trillion dollar cap. Whether bitcoin does it will depend on how it fares against the competition over the next decade or two.
Re: Google Trends and Main Client Downloads Are At Month Lows
Maybe people started downloading other clients than the bitcoin-qt one. With the new bitcoin website other clients too are reported, not only the qt one.
Wow that blockchain.info logarithmic graphic is impressive
Wow that blockchain.info logarithmic graphic is impressive
This. I downloaded bitcoin-qt 2 years ago. Only just learned that blockchain.info had launched features beyond providing info on the block chain.
Its funny how he is bearish about Bitcoin since he sold his Bitcoins.
Not really, he wouldn't have sold his coins if his analysis made him bullish.
Bitcoin is growing up and any businesses that interact directly with standard financial layers will have to play by the rules. However the market is growing.. Say they have a very minor amount of success and get a few regular users, maybe 500 users doing $400 per month average, then that is $8 - $12k ($200k * 4-6%) in revenue per month. So the $5k isn't that large in the scheme of things. Eventually, many years out, if bitcoin is successful many more businesses will realize they can simply accept bitcoin directly, cutting out the fiat stage as well as the more explicit regulation (I think they will still try to regulate bitcoin, but it will be much much harder).
I agree in the grand scheme 5k is a drop in the bucket if this becomes a successful business and for bitcoin's sake I hope it does. However, Google's keyword tool shows 0 global searches for anything having to do with Bitcoin and Billpay. Plus in the current state of the market everyone is trying to figure out how to get money into bitcoin rather then out of it and those with coins seem to want to hold on to them for a while. Of course that will change over time.
But with that in mind I was looking at the service from a minimum viable product standpoint. Put up a simple website and process the orders manually for a while. Get a feel for the demand, figure out the sweet spot for fees, how much it costs to regularly cycle money in and out of the exchanges, and get the word out about the service without making much of an upfront investment. Of course none of this is possible if you have to drop 5k just to (legally) process your first payment.
Furthermore, in my brief bit of research some states (such as New York) require you to get licensed in there state as well if you want to operate as a money transfer business with their citizens. Then there's the Federal AML requirements you have to comply with.
I considered starting a similar site, but was turned off by this: http://www.dfi.ca.gov/Licensees/money_transmitters/default.html I wonder if these guys ponied up the 5 grand, or are just hoping for the best.
My sell everything order was at 250, I missed the top by a bit. However, I'm much better off then all of you still holding coins at this point
Cool story bro
Re: [resolved] Bitfloor/LocalTill deposit confirmation delays
Nope. Turns out it worked, dude.
Do you have a BoA account yourself? How long did it take to show up in your Bitfloor account?Yeah, it was a BoA debit card (also my checking account card), and I wrote cash on the deposit slip and sent the card up the tube along with the slip to the teller. You might be right that they wouldn't do it if it wasn't a BoA card -- without fees, at least.
I made it to the bank right before 5pm yesterday, receipt said 5:02pm, so the teller told me it wouldn't be sent until the next day (today). Bitfloor website says the money came in to my account at noon today. It's hard to gauge the amount of time it took to actually do the transfer, though, as we don't know how soon the BoA systems got around to finalizing the transaction this morning. It was "pending" on my account last night, so, worst case scenario, it took until the beginning of banking today until noon, meaning around 3-4 hours to do the actual transaction.
I'll have to try it again at some point before 5pm one day so we can see if this method is identical to handing them cash.
Using my BofA debit card worked for me as well. The teller offered to do it as a transfer, but I insisted that she process it as cash instead. The money was in my bitfloor account before I even got home. Not bad for a Saturday at Noon Pacific Time.
I recently used dwolla to transfer money to buy bitcoins on camp bx there was no hold of money
Also how long did the transfer from dwolla -> camp bx take?