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Board Service Discussion
Re: [Poll] Yearly Service Cost for all transactions fees from 1 million addresses?
by
hplus
on 17/10/2016, 14:44:13 UTC
Just ask individual/organization/company to recruit software developer who have experience with bitcoin as well to make the application which can run automatically Roll Eyes

i don't get your reply, i'm not asking how to do it..
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Topic
Board Service Discussion
Re: [Poll] Yearly Service Cost for all transactions fees from 1 million addresses?
by
hplus
on 17/10/2016, 13:35:19 UTC
This is a pure mathematics and there is a formular for it.
1,000,000 address = A
Number of transactions on address = B (this might also have an average because some account could do more transactions than others)
Bitcoin network charge per transaction = C
You can complete the rest on your own.

yes i know, already provided an average for bitcoin as a whole in yesterday's edit.
The thing is, the number of transactions would depend on the users' activity and the services you provide, so basically on the your "business expectation". Which is what i'm interested in.
Because, for example with the transaction fees average, if you can gain $30k/million/year doesn't mean you'll pay $1/10/20k for it. Given that you're the one generating all of that revenue.
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Topic
Board Service Discussion (Altcoins)
Topic OP
[Poll] Yearly Service Cost for all transactions fees from 1 million addresses?
by
hplus
on 17/10/2016, 01:24:00 UTC
Hello to all,

So i'm trying to figure out how much would someone (individual/organization/company) value a yearly, renewable, service that allows them to manage 1 million unique addresses.
This someone can provide all additional services it wants besides the normal transactions that each person can already perform.
And it can set and receive in their entirety, all of the fees associated to transactions involving those addresses (either between them or with external addresses).
In exchange it has to provide a node through which all the transactions created by the managed addresses are relayed to the network.

So i was wondering how much do you think such service could be worth with a currency of the dimension of Bitcoin or Ethereum and where such thing could be possible.


Some assumptions:
• no fees go the miners and there are no block rewards, all transactions are registered regardless;
• addresses can still be created by individuals or controlled and provided by you (like with websites that offer wallets/accounts);
• people cannot bypass you to avoid your fees.

To give a little perspective with Bitcoin, based on blockchain.info charts, there are less 300 million unique addresses.
And this last year 9.3 million USD were paid as fees without block rewards, which results in $30k/million/year.
With rewards, total paid fees reach 563 million USD, which results in $1.9million/million/year.

Thanks for your responses

Edit: An analogy would be, developing a Wallet with all the services you want, but limited to 1million users/key pairs (known only to your clients), and in exchange you receive all transaction fees associated, as it is used by your clients.
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Topic
Board Service Discussion
Topic OP
[Poll] Yearly Service Cost for all transactions fees from 1 million addresses?
by
hplus
on 17/10/2016, 01:19:47 UTC
Hello to all,

So i'm trying to figure out how much would someone (individual/organization/company) value a yearly, renewable, service that allows them to manage 1 million unique addresses.
This someone can provide all additional services it wants besides the normal transactions that each person can already perform.
And it can set and receive in their entirety, all of the fees associated to transactions involving those addresses (either between them or with external addresses).
In exchange it has to provide a node through which all the transactions created by the managed addresses are relayed to the network.

Of course, for now this isn't possible to perform with Bitcoin, however i was wondering how much do you think such service could be worth.
An analogy would be developing a Wallet with all the services you want, but limited to 1million users/key pairs, and in exchange you receive all transaction fees associated as it is used by your clients.

Some assumptions:
• no fees go the miners and there are no block rewards, all transactions are registered regardless;
• addresses can still be created by individuals or controlled and provided by you (like with websites that offer wallets/accounts);
• people cannot bypass you to avoid your fees.


To give a little perspective, based on blockchain.info charts, there are less 300 million unique addresses.
And this last year 9.3 million USD were paid as fees without block rewards, which results in $30k/million/year.
With rewards, total paid fees reach 563 million USD, which results in $1.9million/million/year.


Thanks for your responses and sorry for the vagueness
Post
Topic
Board Currency exchange
Re: Have 21.5$ Skrill [WTB] 0.034 btc (~18$)
by
hplus
on 31/05/2016, 22:10:30 UTC
I do can complete this trade (the full amount) for you, I'm selling in PAXFUL I have sent you a PM if you agree I link you the ad.

https://bitcointalk.org/index.php?topic=1492273.0

thanks!
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Topic
Board Currency exchange
Re: [MATHIK's BITCOIN SHOP] ► Neteller | Skrill | Payoneer | PM | Bank Wire | & more
by
hplus
on 31/05/2016, 22:10:18 UTC
t4t, bought 21.5$ btc with skrill

https://bitcointalk.org/index.php?topic=1481773.0
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Topic
Board Currency exchange
Re: Have 21.5$ Skrill [WTB] 0.034 btc
by
hplus
on 31/05/2016, 17:19:50 UTC
something like >18$ would be fair, otherwise i'll just pay the withdrawal fees from skrill.
but anyway i don't really want to trade with you given your feedback...
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Board Currency exchange
Re: Have 21.5$ Skrill [WTB] btc
by
hplus
on 29/05/2016, 01:22:10 UTC
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Topic
Board Currency exchange
Re: Have 21.5$ Skrill [WTB] btc
by
hplus
on 27/05/2016, 13:58:49 UTC
up
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Topic
Board Currency exchange
Re: Have 21.5$ Skrill [WTB] btc
by
hplus
on 25/05/2016, 00:11:37 UTC
still looking
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Topic
Board Currency exchange
Topic OP
Have 21.5$ Skrill [WTB] 0.034 btc (~18$)
by
hplus
on 23/05/2016, 00:21:55 UTC
Hi,
have a maximum of 21.5$ with Skrill that i want to trade for 0.034 bitcoins (~18$).

thx
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Topic
Board Currency exchange
Re: [WTB] 0.042 BTC [Offer] 19.8€ or 21.5$ Skrill
by
hplus
on 20/05/2016, 18:36:58 UTC
updated what i'm asking due to bitcoin fluctuation, still paying 15% over bitstamp current rate
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Topic
Board Currency exchange
Re: [WTB] 0.042 BTC [Offer] 19.8€ or 21.5$ Skrill
by
hplus
on 19/05/2016, 22:56:25 UTC
2nd pm left unanswered so far as well... don't see why it's so important that we're both online since payments can be made "asynchronously"


Still looking for someone.
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Topic
Board Currency exchange
Re: [WTB] 0.042 BTC [Offer] 19.8€ or 21.5$ Skrill
by
hplus
on 18/05/2016, 15:38:55 UTC
I can do this for you let me know please as I am available too get this complete for you now.
Pm me.

Mixan

no response so far, still looking then
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Topic
Board Currency exchange
Re: [WTB] 0.043 BTC [Offer] 19.8€ or 21.5$ Skrill
by
hplus
on 15/05/2016, 18:48:18 UTC
for those wary of chargeback, i can show a screenshot of the transaction referenced in my last feedback.
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Board Currency exchange
Topic OP
[WTB] 0.042 BTC [Offer] 19.8€ or 21.5$ Skrill
by
hplus
on 14/05/2016, 18:52:28 UTC
Hi,

want to buy 0.042 bitcoins with skrill,
can send either 19.8€ or 21.5$.

(you'll get more with the euros even if you convert it to USD 19.8€ ~ 22.15$, because i'm not sure of the conversion fee and have to fix a lower amount if i send directly in USD)
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Topic
Board Currency exchange
Re: [Want] BTC [Offer] 20€ Skrill
by
hplus
on 12/05/2016, 18:59:46 UTC
If your account is legit and you don't care about trading on Lbc pm me am giving 91%

no thx

I can sell you BTC at 15% if you are able to send me a screenshot of your account history. I will accept the Skrill cash in USD only.

already have to pay payment fees and conversion fees since you want USD, so not paying 15% on top of that.
edit: thanks for the new pm, i guess a rate of 14.98% would change my mind lol...
edit2: you were offering 18.7$ for the 20€ so a 15-20% $/€ conversion rate

I can do this for 10% and only usd, and I need to see your skrill transactions.

no thx since you bought your account and are therefore less "trusted" that i am.


still looking then
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Board Currency exchange
Topic OP
[Want] BTC [Offer] 19.8€ Skrill
by
hplus
on 12/05/2016, 03:56:25 UTC
Hi,

looking to buy bitcoin with Skrill for 19.8€ (or ~21.5$ for those insisting on USD).

say amount in btc or rate
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Topic
Board Currency exchange
Topic OP
[WTS] 15$ Skrill [WTB] BTC
by
hplus
on 15/04/2016, 02:45:52 UTC
Hi,
looking to buy bitcoins for an amount of 15$ USD from Skrill.
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Topic OP
[Want] BTC [Offer] 20€ Skrill
by
hplus
on 19/02/2016, 04:41:15 UTC
done