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Showing 20 of 524 results by kgo
I didn't have my morning coffee this morning and grabbed a Verizon card instead of a Virgin card. I've already scratched off the code so a return is impossible. My loss is your gain. You can get the code at half off.
Although I haven't been active in a bit, I've done deals here and on -otc going back to 2011, so I expect you to send first. If you want to use escrow, fine, but you pay the fees. If you need me to sign something with my gpg key on OTC to prove identity I can do that.
Although I haven't been active in a bit, I've done deals here and on -otc going back to 2011, so I expect you to send first. If you want to use escrow, fine, but you pay the fees. If you need me to sign something with my gpg key on OTC to prove identity I can do that.
People are not buying dont lie.
You do understand you can't sell unless someone is buying, right? Every trade needs both a buyer and a seller? Hence, people are buying...
Surprised there isn't a thread on this yet:
http://www.reuters.com/article/2014/09/19/us-sec-bitcoin-fraud-idUSKBN0HE1Z820140919
Discuss...
http://www.reuters.com/article/2014/09/19/us-sec-bitcoin-fraud-idUSKBN0HE1Z820140919
Discuss...
Re: Am I wrong to think Bitcoin whales should be ashamed of themselves?
They did more, now they have more. Why should they be ashamed?
What they did was being lucky (right place right time.) Effort isn't in direct correlation with being a Bitcoin millonaire by any means, let's be honest for a second there. This doesn't really mean they do not deserve this. In economic schemes the ones that are there first get most of the cake, unfortunately this will always be like this as long as currencies are needed for societies to function.
There are those anecdotal stories of people who forgot they had a wallet, but although most bitcoin millionaires might have been lucky by being at the right place at the right time and getting a bunch of bitcoin, the actually did put some thought and effort into:
* Not blowing it all on 10,000 BTC pizzas.
* Not selling at record high of $0.70 before the bubble burst.
* Not selling at a record high of $266 before the bubble burst.
* Not selling at a record high of $1300 before the bubble burst.
Plenty of people who could be bitcoin millionaires now are not. That's not just dumb luck.
Re: Amagi Metals - Best Prices of Gold, Silver, & Platinum for Bitcoins
I have visited your site and seen your prices. Let me say your prices are very good and, upon closer inspection of your reputation on the internet. I found only 1 complaint with the BBB (Better business bureau) Regarding Delivery problems which was resolved.
So i looked at your Shipping policies which are "Orders are usually shipped within 3-5 business days of cleared payment."
I'm not sure if the 1 complaint had anything to do with this policy or not but i wanted to ask you why the HUGE timeframe on shipping? I could see if you had Amazons Volume with sales...So why does it take 3-5 Days to even start the process?
I was so close to ordering silver Due to your great prices until i seen that policy. Shipping 3-5 after payment is ridiculous and no matter what your prices are i wouldn't buy. Why 3-5 Days what is the process that takes so long? Do you oversell what you have? Taking a nap before you ship? What? Call me impatient or just call me an asshole but that's just me.
Sorry just had to speak my mind about this it just bothered the hell out of me. Maybe my complaint will make you scrutinize your policy?
Thanks
So i looked at your Shipping policies which are "Orders are usually shipped within 3-5 business days of cleared payment."
I'm not sure if the 1 complaint had anything to do with this policy or not but i wanted to ask you why the HUGE timeframe on shipping? I could see if you had Amazons Volume with sales...So why does it take 3-5 Days to even start the process?
I was so close to ordering silver Due to your great prices until i seen that policy. Shipping 3-5 after payment is ridiculous and no matter what your prices are i wouldn't buy. Why 3-5 Days what is the process that takes so long? Do you oversell what you have? Taking a nap before you ship? What? Call me impatient or just call me an asshole but that's just me.
Sorry just had to speak my mind about this it just bothered the hell out of me. Maybe my complaint will make you scrutinize your policy?
Thanks
No offense intended to you or anyone else who complains about this, but have you ever ordered precious metals online before (with or without cryptocurrencies)? Everyone in the industry takes their time to ship product. Even big boys like APMEX and Provident. Unless you need to immediately make silver bullets to fend off impending werewolf attacks or plan to flip for a profit in 5 days, it's just something to get used to.
Re: Agora Commodities - A Full Service Bitcoin to Precious Metal Dealer.
Anyone else notice SSL errors now?
Yes just came here to complain about that.
New user,
zero activity and 1st post offering an 8 grand rolex for BTC
zero activity and 1st post offering an 8 grand rolex for BTC
With no pics...
Does CoinBase and or BitPay handle the British Pound?
I think the reason is both legal and the ability to convert the currency to the company's country fiat. Make no mistake these companies accepting BTC are not holding BTC.
I think the reason is both legal and the ability to convert the currency to the company's country fiat. Make no mistake these companies accepting BTC are not holding BTC.
This. Although there are a bunch of exchanges that let you use a wide variety of currencies, there aren't many (if any) mature payment processors that convert to something other than USD. There needs to be a pound/euro/etc payment processor that plugs in just like visa/mastercard/paypal that is mature enough for a big company to trust.
You lost enough to buy an Xbox One and a few games. Hardly life changing. And if you had picked a safer investment, say the S&P 500, you'd have a 3-4% return by now. Another $50-60 bucks. Hardly life changing either. Total amount isn't enough to hold you over long if you lose your job or have a medical emergency in either case.
He said that he lost his life savings...
I doubt he would have bought a new xbox one considering all his savings were around 1000 or 1200 $.
In some parts of the world 1000$ is like 4-5 monthly wages if not more while for western European or american with a good job is almost play money.
Okay, assuming he lives in one of those places, now he has 2-2.5 months of wages instead of 4.1-5.1 he would have gotten with a safer investment. I still don't think the outcome either way is life changing enough to stress out. Other four paragraphs of advice still apply.
You lost enough to buy an Xbox One and a few games. Hardly life changing. And if you had picked a safer investment, say the S&P 500, you'd have a 3-4% return by now. Another $50-60 bucks. Hardly life changing either. Total amount isn't enough to hold you over long if you lose your job or have a medical emergency in either case.
First you need to decide how risk-adverse you are. Bitcoin is the most highly volatile investment in the universe. If you can't handle the swings you should invest in something safer with lower potential returns.
Second you need to decide how much you think bitcoin is fundamentally worth. Not by looking at the charts, but by analyzing the value. Saying "well it went up 10,000% in a year!" is a speculative attitude. Saying (for example) "well if it takes 5% of the market of gold, which I think it can, it's worth X" and "if it takes 10% of paypal's business it's worth Y" is trying to put a price on the value.
Third you need to define your time horizon. Do you plan to cash out in a year to put a down payment on a house? Then you don't want to invest in something so volatile. Are you thinking well maybe it will pay for the kid's college in 10 years, but I'm still not going to hold my breath and save? Then maybe you want to buy some bitcoin.
After determining all that, it's a simple matter to determine if you think the current price is cheap, you're willing to take the risk, and you should buy more and are willing wait it out.
First you need to decide how risk-adverse you are. Bitcoin is the most highly volatile investment in the universe. If you can't handle the swings you should invest in something safer with lower potential returns.
Second you need to decide how much you think bitcoin is fundamentally worth. Not by looking at the charts, but by analyzing the value. Saying "well it went up 10,000% in a year!" is a speculative attitude. Saying (for example) "well if it takes 5% of the market of gold, which I think it can, it's worth X" and "if it takes 10% of paypal's business it's worth Y" is trying to put a price on the value.
Third you need to define your time horizon. Do you plan to cash out in a year to put a down payment on a house? Then you don't want to invest in something so volatile. Are you thinking well maybe it will pay for the kid's college in 10 years, but I'm still not going to hold my breath and save? Then maybe you want to buy some bitcoin.
After determining all that, it's a simple matter to determine if you think the current price is cheap, you're willing to take the risk, and you should buy more and are willing wait it out.
Again, how can 5% (5 BTC) possibly be equal to 2.06% (2.06 BTC) when we're talking about the same thing (profit) over the same time period (a week) when both are using the same variable (wagered amount)? How much is in the investment pool is irrelevant to any of this discussion.
No they're not using the same variable. When you invest you buy a percentage of the profits. This is totally independent of the amount wagered and actual profit/loss. They're two different numbers which gives you two different denominators when calculating the percents.
Also, a lot of the wagered coins aren't really different coins. I bet one coin, win. I have two coins. Bet another coin. Lose. Bet another coin. Lose. That's 3 BTC worth of bets when only two real coins ever existed. So 1000 bitcoin bet doesn't mean that someone transferred 1000 bitcoin.
Davincij15 took it a step further and fled the country with his bitcoin...
https://www.youtube.com/watch?v=4Mr_vu4qFD0
https://www.youtube.com/watch?v=4Mr_vu4qFD0
Re: Why has Ripple decreased so much in Market cap? Used to be second to Bitcoin
That's exactly what he's talking and why Ripple is intriguing. Currently to send money across distances you need a clearing house. You are correct that Hawala does this without a clearing house & Ripple is a digital version of Hawala.
The reason why you want this is because people use different local currencies. If my Chinese supplier only accept RMB as payment and if I want to use BTC how can the transfer take place? Either there is a clearing house that takes my BTC and gives him RMB or something like Ripple.
But why use an IOU/promise-to-pay (XRP) when I can use an asset/commodity (BTC)?
Re: Why has Ripple decreased so much in Market cap? Used to be second to Bitcoin
The best thing that happened to Ripple, was speculators and single-currency thinkers, not rushing to Ripple to "pump" the internal currency, XRP. It's not a speculative currency. I know that's hard for many of you to understand. After all, that's all blockchain coins are good for...speculation. Not knocking it, just saying, I get the limited thinking.
Ripple is the value web. It doesn't take an ideological position as to which currencies the world will use and try to jam those down everyones throats. Just as the web doesn't attempt to dictate what type of information is available. Instead, it offers the ability to remove centralized exchanges and central clearing houses, allowing the use of IOU's, you already possess (In those exchanges, bank accounts, Paypal, etc.) and gives you freedom to exchange them for other things of value. As apposed to having your IOU's trapped in those central entities. Think Gox. Total loss for people with IOU's there. With Ripple, those same IOU's Gox is sitting on, could have been exchanged for other things of value, even after they halted withdrawals. Even right now. They're your IOU's after all. Shouldn't you have control over them?
Truth is, most of you should avoid Ripple at this point because the raw protocol is really beyond the comprehension of most novice crypto users. Developers will love it. No question about it, but where single currencies are very simple and easy to digest, Ripple is a true monetary system and monetary systems are very complex by nature. Trying to fit Ripple into a "coin" box, will always leave you frustrated, confused and of course, blaming the protocol because it's something you don't understand. Typical way of saving face, I suppose.
Nevertheless, hang in there. Whether you get Ripple or not, it's going to change the way the world transacts and that is a good thing for Bitcoin and all things of value. So don't make Ripple the scapegoat or competition to your little currencies. Nope, your currencies are individually responsible for their own success or failure. Ripple is just here to see that there's a way they can reach everybody, where the live, and with what they use locally as currency, without all the middlemen.
Welcome to the world of distributed exchange. The future is so bright.
Ripple is the value web. It doesn't take an ideological position as to which currencies the world will use and try to jam those down everyones throats. Just as the web doesn't attempt to dictate what type of information is available. Instead, it offers the ability to remove centralized exchanges and central clearing houses, allowing the use of IOU's, you already possess (In those exchanges, bank accounts, Paypal, etc.) and gives you freedom to exchange them for other things of value. As apposed to having your IOU's trapped in those central entities. Think Gox. Total loss for people with IOU's there. With Ripple, those same IOU's Gox is sitting on, could have been exchanged for other things of value, even after they halted withdrawals. Even right now. They're your IOU's after all. Shouldn't you have control over them?
Truth is, most of you should avoid Ripple at this point because the raw protocol is really beyond the comprehension of most novice crypto users. Developers will love it. No question about it, but where single currencies are very simple and easy to digest, Ripple is a true monetary system and monetary systems are very complex by nature. Trying to fit Ripple into a "coin" box, will always leave you frustrated, confused and of course, blaming the protocol because it's something you don't understand. Typical way of saving face, I suppose.
Nevertheless, hang in there. Whether you get Ripple or not, it's going to change the way the world transacts and that is a good thing for Bitcoin and all things of value. So don't make Ripple the scapegoat or competition to your little currencies. Nope, your currencies are individually responsible for their own success or failure. Ripple is just here to see that there's a way they can reach everybody, where the live, and with what they use locally as currency, without all the middlemen.
Welcome to the world of distributed exchange. The future is so bright.
What you're talking about is money. Something that everyone agrees to use to eliminate the double coincidence of wants when trading. Ripple fans never seem to be able to explain to my satisfaction why I'd trade one money, bitcoin, for another money, ripple, just so I can trade that for whatever I really want, recreating the double-concidence-of-wants problem it's supposed to avoid.. Why not just trade bitcoin for what I want? What does adding ripple in the middle of things add to the process?
The main thing ripple attempts to accomplish is to create a http://en.wikipedia.org/wiki/Hawala system, where brokers trade IOUs and then at some point settle up after cancelling out IOUs, so they don't need to actually send money back and forth all the time. This is done because it's difficult to transmit traditional money over a long distance or across international borders. However, crypto-currencies don't have this problem. Why do I need a broker to send my money half way across the world when I can just send money half way across the world by clicking my mouse button?
A double-spend is just what it says. When you manage to spend the same coin twice. I send a coin to amagi metals for a bar of gold. Send the same coin to agora commodities for a bar of gold. They both send me the gold. Then amagi doesn't get their coins because of the double spend. If amagi catches the double spend attempt and cancels the order before shipping gold, then it wasn't a successful double-spend. It hasn't been spent twice, where one spend was fraudulent.
You sent after one minute, but when did you get an acutal tx id, when did the tx hit the network, and when did you get the first confirmation? 95% of complaints like this are because someone sent from a wallet that didn't really send the coins in a timely manner. Not much overstock or coinbase can do about that.
Re: Can we talk about removing SSL from the payment protocol and put PGP?
There isn't a widely used transport layer standard for OpenPGP, which is what the protocol needs, so TLS is probably a better choice then PGP for the actual encryption.
This is very much false, all information could be encrypted using the public key of the user that wants to send the bitcoins and then decrypt by their machine. Also I wouldn't include gpg into the actually bitcoin client I would have it called out to the shell so their is a disconnect of passwords and stuff.
No it's not false. TLS (per its name) happens at the transport layer. It's baked into every http library in the world. There really isn't a standard to do this for OpenPGP that anyone uses or is supported by any library. What you're proposing requires everyone to implement an ad-hoc poorly specified made-up-just-for-bip-70 encryption scheme and shoving it into the presentation layer.
Re: Can we talk about removing SSL from the payment protocol and put PGP?
Note that the BIP doesn't tell you what certificates should be trusted. That's up to the implementation, not the protocol:
"Trusted root certificates may be obtained from the operating system; if validation is done on a device without an operating system, the Mozilla root store is recommended."
If you want to use a WoT, you can just use something like monkeysphere http://web.monkeysphere.info/ instead of the normal PKI/root-CAs.
There isn't a widely used transport layer standard for OpenPGP, which is what the protocol needs, so TLS is probably a better choice then PGP for the actual encryption.
"Trusted root certificates may be obtained from the operating system; if validation is done on a device without an operating system, the Mozilla root store is recommended."
If you want to use a WoT, you can just use something like monkeysphere http://web.monkeysphere.info/ instead of the normal PKI/root-CAs.
There isn't a widely used transport layer standard for OpenPGP, which is what the protocol needs, so TLS is probably a better choice then PGP for the actual encryption.