Re: Alternatives to Western Union
Anyone who takes one glance at the CHART on this page ( https://en.wikipedia.org/wiki/History_o ... ue_history ) and cannot spot the TREND.... is blind. :-?
Just sayin....
From a value of *zero* per bitcoin..... to $469 per bitcoin..... in less than 7 years.
By the way, It's very important to realize bitcoin do NOT need to be purchased in 1 whole bitcoin amounts. You can buy $1000 worth, or $100 worth, or $10 worth, or $1 worth, or $0.10 worth.
As you can see from this interactive calculator..... You can buy USD $0.10 worth of bitcoin. You will then have 0.0002141 bitcoin. This is normal. ( see http://preev.com/btc/usd/source:bitfinex )
To buy, or sell, bitcoin in Thailand..... I highly recommend this site: http://coins.co.th They are awesome people, and awesome service. ( Or, I am happy to buy or sell bitcoin with you guys for cash at any time too. )
So, the offer still stands....
Anyone here who installs the free Airbitz Wallet app and sends me a Receive Request, I will send them $20 for free. ( see https://airbitz.co/bitcoin-wallet/ )
:-$
Re: Alternatives to Western Union
Come on, do you really want another technical debate with me? I really don't see the reason for that, and I'm tired of discussing this with someone with no technical knowledge of bitcoin or online security. I've hinted many times that I know what I'm talking about, with hopes you'd follow me up in the discussion. You didn't though, because you can't. You posted a couple responses that AirBitz provided you regarding technicalities, but that was it.
Even the responses from AirBitz you posted didn't inspire me much. I'll stick with what I said -- they made some fundamental flaws during the concept / development phase of their app. I understand what they're trying to do, but nonetheless, it's common sense to anyone such as myself that you simply don't do that. Instead, do things like have a wallet app with a backup feature allowing you to backup your private keys to a USB card. That's very private financial data, so don't pass that data around on a P2P network, even if encrypted.
Re: Alternatives to Western Union
It's approximately a million times less secure to pass those unencrypted private keys over to a computer/laptop..... then on to a USB drive...
Sending it over to your laptop.... then on to a USB drive.... all which are very likely *compromised* with viruses.... is something only a fool would do.
In addition to that, it adds a whole lot of complexity that the average user would simply never never do...
94% of users will not perform even the simplest of backups... ever. ( ref https://www.backblaze.com/blog/94-of-co ... data-loss/ )
And..... It doesn't give you an off-site backup either. One burglary or fire, and all your money is gone.
:ymsick:
Extremely strong encryption is the most important thing.
That, and the fact that it never leaves your mobile device unencrypted.
And that the backup is stored off-site, and in a totally decentralized way.... so that even if a company disappears, your backup doesn't.
And that It all happens instantly and automatically... so that it actually gets done.
These are the most important things.
Re: Alternatives to Western Union
Quote:
How does Electrum make money?
I don't believe it has to. It's a free open source project. No company behind it.
Re: Alternatives to Western Union
For those who want to gamble on the Bitcoin phenomenon (realistically it's the digital equivalent of gold, but for for hi-tech wankers) you should check out Nadex
Re: Alternatives to Western Union
Quote:
Originally Posted by kommentariat
For those who want to gamble on the Bitcoin phenomenon (realistically it's the digital equivalent of gold, but for for hi-tech wankers) you should check out
Nadex
For the record, this is not bitcoin. This is more dangerous than day trading.
I've never heard of that web site before, but after reading about it just now, it's selling *options* on binary market pairs. That is not bitcoin and I highly recommend against that type of gambling..... and that type of *short term* investing. Your odds would be better at a casino.... where at least they have free drinks and girls and boys in feathers and sequins. ( see the comments at the bottom of http://www.reviewopedia.com/nadex-com-reviews )
Investing in bitcoin is very complicated. You must learn lots of jargon. Here are the steps:
(1) Install the Airbitz Wallet to hold your bitcoins safely.
(2) Buy some bitcoin using cash. It can be $1 or $100,000 ( or change the $ to ┬г or тВм or THB --- any amount )
(3) Hold onto them for at least a year.
See? Very complicated.
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Re: Alternatives to Western Union
I've been contacted by PM by a few people here already.
For example, one who contacted me said (( and I've blanked out the name of the global corporation he works for, but 100% of you would recognize its name )),
"I've been reading your discussion about bitcoin with great interest. I work for _________________ in the IT department specializing in our internal payment systems for invoice and payroll payments. The topic of bitcoin has been coming up more and more in our meetings and I need to learn about it quickly."
He installed Airbitz and I sent him $20. It took nearly 10 seconds altogether. But it was his first time. He'll get faster at it.... ;)
Even enormous global organizations like his..... are now discovering the benefits of Zero fees, worldwide money transfers, that happen as fast as sending an email.... and involve no banks.
Even a 12 year old with a newspaper route.... Or a 10 year old with a lemonade stand..... can set *himself* up to accept bitcoin with no permission or help needed from anybody.
You might think it's only global corporations like Microsoft, Dell, Expedia, WordPress, Overstock, and PayPal...... that accept bitcoin. Yes, these companies all DO accept bitcoin. But it's also gay sex massage shops in Bangkok too.... like The Prince and Baan Tewa. And gay restaurants, like Eat Me Restaurant. As well as little kids' lemonaide stands all over the world. Bitcoin is simply the global cash.... of the 21st century.
Check out the map at http://coinmap.org
Re: Alternatives to Western Union
Bruce ... you come across as a middle level Amway salesman. RA RA RA ... gettin' the kids involved.
What's next, mass cheering sections at the Bitcoin rally in Albuquerque.
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Re: Alternatives to Western Union
I didn't get the kids involved. They got themselves involved. I don't know those people. I found them with a simple Google photo search. I'm just regurgitating the news.... to get you "kids" up to speed..... with the 21st century. ;;)
Click on this photo to see it full size.....
Of course, I try to support all businesses that accept bitcoin.
:-*
Re: Alternatives to Western Union
Quote:
Originally Posted by bruce_nyc
Quote:
Originally Posted by kommentariat
For those who want to gamble on the Bitcoin phenomenon (realistically it's the digital equivalent of gold, but for for hi-tech wankers) you should check out
Nadex
For the record, this is not bitcoin. This is more dangerous than day trading.
I know as an American you struggle with the English language so I'll repeat my opening statement "For those who want to gamble on the Bitcoin phenomenon ..."