Topic: TOO MANY BITCOINERS - page 3. (Read 4568 times)

OK, sorry that this has been blown past. It deserves an honest answer.

Before you could 'just press the PayPal button', you had to create an account with PayPal, right? Then link that account with another funding source such as a credit card or a bank account, right? Then earn money, and put that money in the linked account, right? Well, in a similar fashion, you don't just get awarded BTC as a birthright.

Before you can spend bitcoins, you need to have some. There are many ways to accomplish this. As you seem enamored of old-world money mechanisms, I will describe what I think is the closest analog.

Go to Coinbase.com. Create an account and wallet there. Link it with your bank account and or credit card. Use Coinbase's handy interface to purchase bitcoins from them using funding from your liked account. Boom. You know have easily spendable bitcoins. In something very close to the PayPal model of doing business.

Now to spend them, it is as simple as choosing bitcoin as the checkout means of payment from a retailer that accepts bitcoins. Examples would be NewEgg, Expedia, Overstock...

You can also make your Home Depot purchase (many other retailers as well) quite painlessly, through the intermediary of Gyft. But you probably want to get some experience with the basics first, before adding this next layer.

We are not born knowing how to use bitcoin. Neither are we born knowing how to use wire transfers, credit cards, checks, or even cash. You've been around these other financial instruments your entire adult life, so you no longer think about the learning process in regards to them. But you should not expect using any new financial instrument to come with zero learning required.

Yes, things require a little effort. Less now than a year ago. In another year, they will be easier yet. Either go through the pain of learning now, or wait another year for the next simplification. There will still be learning required, but likely much less. All you'd be giving up is the possibility of another 10x possible increase in the value of the bitcoins you hold.

But stop whining - we're not going to do it for you. We have our own lives to run.

There is definetly a lot of miners out there, but its normal scenarion ; where people see profit, they exploit it to the point when there is more loss than actual gain.
For bitcoins price to erupt, targeted audience should be changed from general public, to privileged.
Does that defy the original bitcoin idea, well yes, but you cant have everyone satisfied.

I wish everyone could see that Bitcoin is FAR from a regular "stock", it is like Apple before the Ipod.

The only problem with Devcoin is that everyone gets them for free then has a "Hold for dear life" mentality. And when everyone is getting their coins free, and no one is putting them on the market, then the coin stops moving.

Everyone read the OP topic or just jump to page 3?

We are talking about growth here. Nothing of what you said isn't true.

But if you want more "neweggs" out there, then there needs to be growth in ease of access to actual coins.



The growth will explode when you have that many people using bitcoin daily.

You are very mistaken. It is at 15 satoshis and you can get HUNDREDS OF THOUSANDS of devcoins for writing a few thousand words. Devcoin may not be moving, but it is doing very well. There are just tons of coins, so they seem overly cheap, but that is just because of the sheer mass of coins that exist.

I am not even talking about Devcoin myself. I am only talking about it in response to someone that asked how to get coins without mining, and now you.

If you want to make a coin that pays people to upload music, or art or whatever, I will share your coin when people ask about things like this. But for now, Devcoin is the only one.

And I never told anyone to BUY devcoins, I told them to get them free for writing. So how would I make any money dumping if all other people are doing is writing for free coins? That literally makes no sense.

devcoin is a nice idea, but it obviously went nowhere fast.

devcoin owners only push publicity stunts to drum up new buyers so they can offload their crap before its worthless..

stop trying to offload your worthless coins onto someone else.

get a real job!!! hopefully something that is not a utopian dream that wont come true, but a actual job that can hlp bitcoin that is actually in the realm of reality..

When I first came to Devcoin it was 10 satoshis and has been as low as 5 if I am not mistaken, and that was over a year ago and throughout the last year. So anyone that has been buying it would have earned money. So what are you talking about?

bitcoins is not about if you have paypal. to convert it to bitcoins, just to then instantly use on new egg.. if you have pay pal or a debit card.. just use it on new egg..

what bitcoin is about is having your debit card, and having an alternative to:
bank wire transfers
credit cards
paypal
cash in hand.

its more about the holding a better store of value that is not going to take u days to process (wire transfer) will not charge you excessive fee's(paypal/credit card) for every thing you buy, that wont freeze your bank account or charge-back without your consent(bank/paypal/creditcard).

bitcoin is a better payment system then those controlled by your local government (slow), or corporations (greedy).

but if you just want to get some bitcoins just to learn how to send them.

bitcoins are not for everyone, just like paypalis not for everyone, or credit cards, or bank notes. they all have their own uses and facilities. but bitcoin is the only one that can do it all, faster and cheaper then the rest.

you will realise this when the banks start messing with your money or paypal charges start eating into your funds and chargebacks start to increase. untill then have fun learning and trying it out

Touchy touchy, didn't mean to insult you. I just think you're missing my point. I'm not going to try and explain it.

Look, if you can not see the advantage for all traders to have a low cost, high speed, no fuss payment system, and that the low cost will benefit also the retail customer, your intelligense is to low for this forum. Go away. Maybe you can sell your knowledge to paypal.

You have a point in that electronic payments are very good now in first world countries.
But the merchants pay high fees.  Also your fiat money is a poor store of value and your
purchasing power is being constantly eroded by inflation.

Are we talking about the devcoin that is currently worth 15 satoshis each? You can't be serious.

I am not pushing Devcoin, it is just the only coin you can get without mining. Then trade them for Bitcoin and have Bitcoins to use in the community.
There is NO OTHER WAY to do it like that.

If there was another, BETTER coin for it, I would have told you about it. But there isn't.

Ok, let's start this again. And why would I do that? When all I need to do is press Paypal button. Or Visa Button.

Does everyone really not see how big the forest is because they are sitting under their own tree?

dont worry about finshaggy (aka hotep)he has no bitcoin technical knowledge and just loves to talk about random things he has never experienced. the only thing i know is that he is a money grabber.. his latest project is that he has made a few altcoins by visiting a skiptkiddy website(not by making a useful coin the old hard way, with actual code) and is trying to push people to buy them..

so dont give him a second thought.. he is more transparent then oxygen.. but without the benefits of it.. he is just a lot of hot air

Just let them fry.

Where can you buy coins?

Lots of places -- coinbase, bitsimple, localbitcoins, the xchnage section of this forum.