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Showing 19 of 19 results by santostfm
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Re: Religious beliefs on bitcoin
by
santostfm
on 21/05/2013, 16:19:56 UTC
I introduced bitcoin to a friend and they started talking about how the bible predicts a currency take over and its the start of the Revelation.

Has anyone else run into this problem?

was he referring to verses as "and the beast will impose its mark on them, and no one will be allowed to trade without the mark" in the apocalypse? Or what else?

Please post the exact reference, it must be funny!

+1 for the reference. It will be funny.

If it is the "mark of the devil" thing then that's a massive stretch to bit coins. He could just as well be talking about skinny jeans (I do believe these to be the mark of the devil).... Not sure why God wanted to warn us of the Apocalypse but also wanted to do it ambiguously and in code.

Why would he not just say:
"oh yeah and when you see that bit coin stuff on the internet, that will be the apcoalypse".
"Whats that Mark? Whats the internet? Dont worry about it they will understand in 2000 years just write it down and stop back chatting me".
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Topic
Board Mining
Re: Is mining in Australia worth it?
by
santostfm
on 21/05/2013, 15:53:48 UTC
Thanks for the reply's guys.

Sounds like I am a little late to the mining game in general .... I have been thinking about making a gaming comp so it might be worth a try anyway.
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Board Mining
Topic OP
Is mining in Australia worth it?
by
santostfm
on 20/05/2013, 15:44:21 UTC
Is it worth the electricity bills to mine in australia?
Also how much can you make per day mining with a pool like slush's pool. I understand it will depend on your rig I am just wondering what the average person is pulling.
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Board Service Announcements
Re: Daily Bitcoins new ad system - 0.01 BTC bonus!
by
santostfm
on 19/05/2013, 16:37:29 UTC
santostfm
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Topic
Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 19/05/2013, 14:56:45 UTC
Quote
I'm in Australia and buy through MtGox, the middleman is technocash I think. MtGox supply the details to use the middleman to get money from the bank into the exchange. The middleman takes just less than a 4% cut and then MtGox takes its 0.6% cut.

So going though MtGox is cheaper than this service. 7.5% is huge! I will not move from MtGox until a competing service can get my AUD to Bitcoin for less than a 4% cut.


Indeed, MtGox deposits via their partner Technocash are cheaper, however, we would point out that it's not really a direct comparison because they differ greatly in terms of speed, convenience and anonymity. Depositing via Technocash takes a minimum three business days, you need to have a verified MtGox account which is no small feat - refer the unforgettable analogy posted by QuestionAuthority: "Gox is slow and pretty much want to do a pap smear on your wife before they deal with you."

Some people highly value the pseudo-anonymity of bitcoin so MtGox transfers does not make sense in this regard. Other people, like first-time users of bitcoin, or very occasional low-volume users, might be reluctant to go through the rigmarole of setting up a Gox account just to save what will turn out to be a couple of dollars. Or there may be occasions even for regular bitcoin users where the three-business-day delay is particularly inconvenient.

Having said that - I see your point. For long term established regular users of bitcoin it makes sense to go through the one-time process to register with MtGox, and that's perfectly fine with us because it's not really our target demographic - all in all, we believe there are certain times for certain situations when it makes most sense to use our service.

cheers
Sam

Sam,
First of all thank you for your site. I probably would not have bought bit coins if it wasn't for your company. I am way to lazy to go down to the bank and deposit money in someones bank account or fill out forms for mt gox. I have not bought from mt gox but from what I have read it still takes time to receive your coins even once you have registered (please correct me if I am wrong about this), so when you say "for long term regular users it makes sense to go though mt gox" I think your selling yourself short. Even if I had a registered account I would still pay the extra few % to just have my coins when I need them. Your service is great because I can easily buy coins online, instantly whenever I need them. I honestly believe that without the "impluse buy" factor of your site it would stop a lot of Australians buying coins (it more than likely would have stopped me). Making any part of the bit coin process easier will help the Australian community grow which will benefit all of us.

Thanks again for providing Australians with a great service. I believe it will help more Australians get involved and I will be telling all my bit coin buddys about it.
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 19/05/2013, 06:21:23 UTC
We might not be a police state but we are a nanny state.

I hope its stays this way too but in my experience our government will get involved at some point, not understand any of it and make some stupid decisions.
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:39:39 UTC
or am I thinking about that the wrong way? Is it more like buying commodities than exchanging money?
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:36:23 UTC
I cant see how it would be any different to exchanging your money from AUD to USD. No one gets your details at a money exchange when you do this.
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:32:45 UTC
I have bought off buybitcoinaustralia twice now and it didn't even take 10 mins. As soon as my transaction was complete the coins appeared in my wallet.
I didn't really want to wait and I was only purchasing a small amount so an extra 3.5% really was not a lot of money. I did look at spendbitcoins but I had to go into a bank to buy them and as its the weekend I would have to wait till Monday to do that. Also their rate is 10%.

I also dont have a wife to Pap smear.  Smiley
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:17:44 UTC
I was going to by through mtgox but I heard there was a 3 day wait for verification
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Board Service Discussion
Re: buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:05:08 UTC
by the way I am not affiliated with this website what so ever.
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Board Service Discussion
Topic OP
buybitcoinaustralia.com.au
by
santostfm
on 18/05/2013, 18:01:52 UTC
Hi Guys,

I am relativity new to the whole bit coin thing. I recently found a great website to buy bitcoins in Australia that I was able to help a fellow newbie with in the newbie area.

The website is http://buybitcoinaustralia.com.au. It has the lowest fees that I have seen around (7.5%) and the coins appear in your wallet instantly (no need to go to the bank and deposit money).

Not sure if everyone in the big boy area knew about this so I thought I would let everyone know. For me this was the easiest and quickest way to buy coins.

Thanks
Post
Topic
Board Beginners & Help
Re: New to bitcoins
by
santostfm
on 18/05/2013, 16:55:49 UTC
No problem. A newbie helping a newbie. I had no idea I had so much knowledge about bit coins Smiley
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Topic
Board Beginners & Help
Re: New to bitcoins
by
santostfm
on 18/05/2013, 16:37:49 UTC
I ended up buying from http://buybitcoinaustralia.com/. I am now the proud owner of 0.14838855 Bitcoins!
It took about 2 mins to buy the coins and they appeared in my wallet the second the transaction was done. I have no idea why it is not in the wikki but its a great site.
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Topic
Board Beginners & Help
Re: estimated time to get verified by mtgox?
by
santostfm
on 18/05/2013, 16:07:07 UTC
Do you need to wait this long every time you purchase from here or is this a only when you do it the first time?
Post
Topic
Board Beginners & Help
Re: Post your GLD (Gold Coin) address for fee coins!
by
santostfm
on 18/05/2013, 15:30:12 UTC
1D9T7pDktpYnqyKV94uecqoQRfd3YYz2xa

thanks
Post
Topic
Board Beginners & Help
Re: New to bitcoins
by
santostfm
on 18/05/2013, 15:16:47 UTC
Thanks for the help guys. Im not planing on investing. I just want to buy a little for fun. Nothing I cant handle loosing.

Mining sounds like a good option. I am a little worried about the electricity costs though as we have really expensive electricity here in oz.

I have checked out a few sites in the wiki. Mainly spendbitcoins.com, bitinovate, omnicoins and localbitcoins. Localbitcoins and omni coins seem to be mainly selling above the exchange rate or they want to meet up to sell them which I dont really have time for. The other two require me to go down to a bank and deposit money. As its the weekend I cant currently do that.

I did find another site through google called buy bitcoin australia which will let me purchase the bit coins online (without going to a bank) and they have the cheapest rate (7.5%).

It seems legit as they have a ABN but it is not in the wiki. Has anyone used this site? Is it safe?

  
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Topic
Board Beginners & Help
Re: New to bitcoins
by
santostfm
on 18/05/2013, 13:08:48 UTC
I am in Australia. I guess I have alot of reading to do.

Thanks for the quick reply guys
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Topic
Board Beginners & Help
Topic OP
New to bitcoins
by
santostfm
on 18/05/2013, 10:59:22 UTC
Hi guys,
Im a straightup newbie to bit coins and I am looking to purchase some coins. Does anyone know the best place to buy coins?

Thanks in advance