Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25921. (Read 26608321 times)
September 08, 2014, 05:37:46 PM
Hope you all make money. Also, don't decry Noobs and "tourists"... these are the people who either may or may not become new adopters. Really, lay off the personal attacks unless it is an obvious troll piece (a la Falling).
September 08, 2014, 05:34:07 PM
n00bs everywhere. This forum is painful sometimes. Bitcoin goes from strength to strength. N00bs will be forgotten, their creativity wasted on attacking the ideas of other people.
September 08, 2014, 05:33:59 PM
September 08, 2014, 05:32:45 PM
tl;dr
I'll respond, but only if you hook yourself up to blood pressure monitor and give an update at regular intervals.
September 08, 2014, 05:31:09 PM
BTC went pop... that's why it is dying now. This PayPal news is actually terrible because it undercuts OpenBazaar's viability and we need to not be pop... we need a black market. Instead, you can now use BTC on PayPal which will probably carry an even bigger delay than PayPal already has plus an additional fee. You watch. Seriously this is what I think will happen, but feel free to counter.
tourists...
September 08, 2014, 05:29:18 PM
tl;dr
I'll respond, but only if you hook yourself up to blood pressure monitor and give an update at regular intervals.
September 08, 2014, 05:27:41 PM
BTC went pop... that's why it is dying now. This PayPal news is actually terrible because it undercuts OpenBazaar's viability and we need to not be pop... we need a black market. Instead, you can now use BTC on PayPal which will probably carry an even bigger delay than PayPal already has plus an additional fee. You watch. Seriously this is what I think will happen, but feel free to counter.
September 08, 2014, 05:23:41 PM
...
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
What are you talking about? What do you mean by "unsafe"?!
And privacy? We're talking about PayPal vs. CC here. I'd suggest you don't buy underage hookers or blow with either. Jeesh.
There are some things Bitcoin can't buy (hookers, blow). For everything else, there's other privacy crypto.
So... You don't have an answer and just wanted to shitpost?
*
...
Get a calculator and look at the spot rates and the retail rates. Never had a card stolen? Great, you're still paying for their insurance to protect themselves.
...
Get a calculator and look at the spot rates and the retail rates. Never had a card stolen? Great, you're still paying for their insurance to protect themselves.
...
Since I don't see the CC charges (those being included in retail prices), I should see a pretty substantial discount when I pay with BTC. How much, do you suppose?
September 08, 2014, 05:23:01 PM
Ok... moon time... all in on BTC
September 08, 2014, 05:21:21 PM
Took 3 days to download the blockchain for gods sake.
Nobody forced you to be a full node.Just use multibit if you don't want to download the blockchain.
Also for android there are light wallets which do not require to download the entire blockchain.
Even www.bitcoin.org advises to use multibit
September 08, 2014, 05:20:51 PM
oh fuck it, lets all just run to gold.
September 08, 2014, 05:18:19 PM
...
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
What are you talking about? What do you mean by "unsafe"?!
And privacy? We're talking about PayPal vs. CC here. I'd suggest you don't buy underage hookers or blow with either. Jeesh.
There are some things Bitcoin can't buy (hookers, blow). For everything else, there's other privacy crypto.
September 08, 2014, 05:16:31 PM
...
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
What are you talking about? What do you mean by "unsafe"?!
And privacy? We're talking about PayPal vs. CC here. I'd suggest you don't buy underage hookers or blow with either. Jeesh.
September 08, 2014, 05:13:05 PM
And banks already perform conversion on your behalf. What's your point? I can use my US credit card to buy stuff in other countries, with zero exchange fee. And if my card number is somehow stolen -- which has never happened -- I can call the bank's fraud department and I'm not held accountable.
...
Did you just hear that sound? It's all the bitcoin-tards screaming out in terror as the last paragraph basically destroyed the myth of bitcoin's "advantage" over traditional payment models.
Some of you people seem to believe that one government issued currency can't be spent in another country. Are you really that dumb?
Sorry to laugh, but I need to bump this.
Get a calculator and look at the spot rates and the retail rates. Never had a card stolen? Great, you're still paying for their insurance to protect themselves.
Don't get me wrong, I've got plenty of bank stocks. They actually pay quite good returns these days. It's quite an easy and liquid way to profit from stupid. Keep giving banks your money. I truly am grateful.
September 08, 2014, 05:11:39 PM
1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
Sigh. Can you please list ALL the fees that you pay when you purchase with bitcoin as you described, and the fees that you pay when paying directly with money?
(Don forger that you must send money to Coinbase/BitpayPayPal/exchange or whatever in order to buy th ebitcoins, and that Coinbase/Bitpay/Paypal has to send the money to the merchant.)
No fees when you use Circle.
Circle has no fees for BTC => USD or USD => BTC, deal with it.
yes that is no fee when using a CC or DC.
September 08, 2014, 05:10:36 PM
I've said it before and i will say it again. BTC is not for rich, well banked countries. I, like many people here, use it mainly for political reasons. Suggesting it is easier to use BTC than a credit card is just ludicrous. Got a friend to buy a couple recently. He has an old slow laptop with mediocre internet connection. Took 3 days to download the blockchain for gods sake.
BTC will come to fruition as it penetrates places like india. Like solar power, it enables people to use modern technologies without the need to spend trillions building up legacy infrastructure. Solar power is expensive if you already have a grid, it's cheap if you have to build power and transmission lines everywhere.
Things like the mozilla smartphone, combined with decent, secure online wallets for mobile, will revolutionise the life of the unbanked. Eliminating expensive cross currency fees will save billions.
So everyone here pat yourselves on the back. We got BTC to a place where it is taken seriously enough for people to start building the next wave of apps, apps for the unbanked. These apps are being built and rolled out now, they will take time to come to full fruition. Stop waiting to be made rich in a matter of months, those heady days are over. Sit back and expand your horizon to years. Those that maintain the faith will be rewarded richly. Those that spit the dummy because they thought they would get rich with no effort, risk or time involved, will miss the coming wave.
BTC will come to fruition as it penetrates places like india. Like solar power, it enables people to use modern technologies without the need to spend trillions building up legacy infrastructure. Solar power is expensive if you already have a grid, it's cheap if you have to build power and transmission lines everywhere.
Things like the mozilla smartphone, combined with decent, secure online wallets for mobile, will revolutionise the life of the unbanked. Eliminating expensive cross currency fees will save billions.
So everyone here pat yourselves on the back. We got BTC to a place where it is taken seriously enough for people to start building the next wave of apps, apps for the unbanked. These apps are being built and rolled out now, they will take time to come to full fruition. Stop waiting to be made rich in a matter of months, those heady days are over. Sit back and expand your horizon to years. Those that maintain the faith will be rewarded richly. Those that spit the dummy because they thought they would get rich with no effort, risk or time involved, will miss the coming wave.
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
September 08, 2014, 05:09:23 PM
1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
Sigh. Can you please list ALL the fees that you pay when you purchase with bitcoin as you described, and the fees that you pay when paying directly with money?
(Don forger that you must send money to Coinbase/BitpayPayPal/exchange or whatever in order to buy th ebitcoins, and that Coinbase/Bitpay/Paypal has to send the money to the merchant.)
No fees when you use Circle.
September 08, 2014, 05:09:03 PM
...Do you think there is an advantage to a first timer to use coinbase to buy btc to purchase an item? ...
Only if you're Rube Goldberg. Otherwise no.
September 08, 2014, 05:08:28 PM
I've said it before and i will say it again. BTC is not for rich, well banked countries. I, like many people here, use it mainly for political reasons. Suggesting it is easier to use BTC than a credit card is just ludicrous. Got a friend to buy a couple recently. He has an old slow laptop with mediocre internet connection. Took 3 days to download the blockchain for gods sake.
BTC will come to fruition as it penetrates places like india. Like solar power, it enables people to use modern technologies without the need to spend trillions building up legacy infrastructure. Solar power is expensive if you already have a grid, it's cheap if you have to build power and transmission lines everywhere.
Things like the mozilla smartphone, combined with decent, secure online wallets for mobile, will revolutionise the life of the unbanked. Eliminating expensive cross currency fees will save billions.
So everyone here pat yourselves on the back. We got BTC to a place where it is taken seriously enough for people to start building the next wave of apps, apps for the unbanked. These apps are being built and rolled out now, they will take time to come to full fruition. Stop waiting to be made rich in a matter of months, those heady days are over. Sit back and expand your horizon to years. Those that maintain the faith will be rewarded richly. Those that spit the dummy because they thought they would get rich with no effort, risk or time involved, will miss the coming wave.
BTC will come to fruition as it penetrates places like india. Like solar power, it enables people to use modern technologies without the need to spend trillions building up legacy infrastructure. Solar power is expensive if you already have a grid, it's cheap if you have to build power and transmission lines everywhere.
Things like the mozilla smartphone, combined with decent, secure online wallets for mobile, will revolutionise the life of the unbanked. Eliminating expensive cross currency fees will save billions.
So everyone here pat yourselves on the back. We got BTC to a place where it is taken seriously enough for people to start building the next wave of apps, apps for the unbanked. These apps are being built and rolled out now, they will take time to come to full fruition. Stop waiting to be made rich in a matter of months, those heady days are over. Sit back and expand your horizon to years. Those that maintain the faith will be rewarded richly. Those that spit the dummy because they thought they would get rich with no effort, risk or time involved, will miss the coming wave.
September 08, 2014, 05:07:22 PM
1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
Sigh. Can you please list ALL the fees that you pay when you purchase with bitcoin as you described, and the fees that you pay when paying directly with money?
(Don forger that you must send money to Coinbase/BitpayPayPal/exchange or whatever in order to buy th ebitcoins, and that Coinbase/Bitpay/Paypal has to send the money to the merchant.)
deposit fee is like 5$ for me, i dont do it often but when i do .....
trading into BTC is like 0.25%, but if you place your bid at 0.5% of current price your bid will most definitely fill ( market don't either go up or down they are constantly going up and down ...), and you actually end up with a saving on your purchase
When you are European you can use SEPA and buy for example on Kraken. I'm not sure for Americans cause you get fucked by your banks harder for normal transactions than us.
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