Jojo the circus boy
Footballguy
Sacramento Kings now accept bitcoin the first of many professional sports franchises to accept bitcoin?
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Bitcoins - anyone else mining? (1 Viewer)
- Thread starter Charlie Frown
- Start date
Tom Servo
Nittany Beavers
chet
Footballguy
I'd be very careful about installing this app.
The cynic in me says it will steal your login/password info.
cstu
Footballguy
"We're having trouble selling tickets, any ideas?"Yeah, but they're a hot mess so that doesn't count.
"We could accept Bitcoins."
"I have no idea what that is but set it up."
Das Boot
Footballguy
I scanned a couple of the listings, noticed all these tags in one of them - I love how many of these "currencies" are available now:
AmericanCoin (AMC)
BarbecueCoin (BQC)
BitBar (BTB)
Bitcoin (BTC)
ByteCoin (BTE)
ChinaCoin (CNC)
CryptogenicBullion (CB)
DigitalCoin (DGC)
DevCoin (DVC)
ElaCoin (ELC)
FastCoin (FST)
FeatherCoin (FTC)
Franko (FRK)
FreiCoin (FRC)
HyperCoin (HYC)
GoldCoin (GLD)
Infinitecoin (IFC)
IXCoin (IXC)
JunkCoin (JKC)
LiteCoin (LTC)
LuckyCoin (LKC)
MemeCoin (MEM)
MinCoin (MNC)
NameCoin (NMC)
Nibble (NBL)
NovaCoin (NVC)
PhenixCoin (PXC)
PowerCoin (PWC)
PPCoin (PPC)
RoyalCoin (RYC)
SexCoin (SXC)
SolidCoin (SC)
TerraCoin (TRC)
WorldCoin (WDC)
YaCoin (YAC)
Politician Spock
Footballguy
TLC is planning a reality series about digital currencies. Each episode will feature a different digital currency and the people behind it.
identikit
Footballguy
Do not buy Bitcoin unless you read this message::
http://pro.stansberryresearch.com/1310CURCYNEW/LTRWQ126/?utm_source=Copy+of+Copy+of+Copy+of+bitcoin+secret+currency&utm_campaign=DailyEmail&utm_medium=email&h=true
http://pro.stansberryresearch.com/1310CURCYNEW/LTRWQ126/?utm_source=Copy+of+Copy+of+Copy+of+bitcoin+secret+currency&utm_campaign=DailyEmail&utm_medium=email&h=true
culdeus
Footballguy
Fennis
Footballguy
identikit
Footballguy
chet
Footballguy
chet
Footballguy
-fish-
Footballguy
My new "like" currency is taking off. As soon as I can convince the powers that be to let me spend the likes I have received, I'm pretty confident I'll be able to cut a deal that will allow me to purchase anything on the bottom row.
Jojo the circus boy
Footballguy
Yeah I'm sure a Super Bowl bound team was thinking the same exact thing when they decided to start accepting bitcoin."We're having trouble selling tickets, any ideas?"Yeah, but they're a hot mess so that doesn't count.
"We could accept Bitcoins."
"I have no idea what that is but set it up."
What could be next? Maybe paying for your hotel in Vegas?
Wilfredo Ledezma
Footballguy
Thought this was pretty neat.
Aaron Williams: The Bitcoin baron | 20 People to Watch | Creative Loafing Atlanta
Aaron Williams: The Bitcoin baron The man helping pioneer 'ATMs' for the controversial digital currency
In a house in Sandy Springs, at a $12 desk purchased from Goodwill, Alpharetta native Aaron Williams is building what could become a financial empire.
The 36 year-old is working not in tweets, health care IT, or search engines, but in Bitcoin, the digital currency mined by computers that has been used to purchase everything from drugs to electric cars online. The Libertarian's fantasy that seems ripped from the pages of a modern Ayn Rand novel was created in 2008 by a mysterious person — or group of persons — known only as "Satoshi Nakamoto" and has earned fans in tech-savvy circles as an anonymous form of online payment. Its use has grown so quickly that Congress last month held a committee hearing on it. Rather than swat it down, lawmakers were keen on its potential.
To Williams, CEO of Atlanta Bitcoin, it's the Wild West.
"Bitcoin is an emerging industry," he says. "Part of the ecosystem isn't there."
He plans not just to roll out what's been dubbed a Bitcoin ATM — though technically, he points out, it's a dispenser.
People would be able to walk up to the machine, scan a QR code on their phone, and deposit cash to buy Bitcoin, which would be added to their "virtual wallet." Williams wants to unveil his first machine in February and install more throughout metro Atlanta in the following months.
How the Alpharetta native who didn't go to college made it to this point is a mix of luck, smarts, and an eye for emerging tech. A one-time temp who had a knack for creating systems and working with computers parlayed those skills into a job at a payments process firm. There he began testing credit card terminals, and over 12 years, rose through the ranks. Around the beginning of 2013, he started feeling frustrated and overlooked. Then he came across Bitcoin. It seemed like a perfect fit: "This is what I excel at, finding a new technology and applying it to today's needs."
He was fired in October when, one week before he unveiled his terminal and plan at the Crypto-Currency Conference in Atlanta, a trade publication included his employer's name in an article about his business plan. With the help of a consultant and a New York lawyer well-versed in Bitcoin whom Williams has paid with the digital currency, he's now focusing full time on his startup.
Williams estimates the dispenser business alone could be worth millions. And he has bigger plans for the many opportunities that he thinks Bitcoin could offer.
"My experience in payment processing allows me to see this as an empty space," Williams says. "One of the lines I give people is, 'If you were to go back and create VISA, how would you do it knowing everything we know now?'"
Aaron Williams: The Bitcoin baron | 20 People to Watch | Creative Loafing Atlanta
Aaron Williams: The Bitcoin baron The man helping pioneer 'ATMs' for the controversial digital currency
In a house in Sandy Springs, at a $12 desk purchased from Goodwill, Alpharetta native Aaron Williams is building what could become a financial empire.
The 36 year-old is working not in tweets, health care IT, or search engines, but in Bitcoin, the digital currency mined by computers that has been used to purchase everything from drugs to electric cars online. The Libertarian's fantasy that seems ripped from the pages of a modern Ayn Rand novel was created in 2008 by a mysterious person — or group of persons — known only as "Satoshi Nakamoto" and has earned fans in tech-savvy circles as an anonymous form of online payment. Its use has grown so quickly that Congress last month held a committee hearing on it. Rather than swat it down, lawmakers were keen on its potential.
To Williams, CEO of Atlanta Bitcoin, it's the Wild West.
"Bitcoin is an emerging industry," he says. "Part of the ecosystem isn't there."
He plans not just to roll out what's been dubbed a Bitcoin ATM — though technically, he points out, it's a dispenser.
People would be able to walk up to the machine, scan a QR code on their phone, and deposit cash to buy Bitcoin, which would be added to their "virtual wallet." Williams wants to unveil his first machine in February and install more throughout metro Atlanta in the following months.
How the Alpharetta native who didn't go to college made it to this point is a mix of luck, smarts, and an eye for emerging tech. A one-time temp who had a knack for creating systems and working with computers parlayed those skills into a job at a payments process firm. There he began testing credit card terminals, and over 12 years, rose through the ranks. Around the beginning of 2013, he started feeling frustrated and overlooked. Then he came across Bitcoin. It seemed like a perfect fit: "This is what I excel at, finding a new technology and applying it to today's needs."
He was fired in October when, one week before he unveiled his terminal and plan at the Crypto-Currency Conference in Atlanta, a trade publication included his employer's name in an article about his business plan. With the help of a consultant and a New York lawyer well-versed in Bitcoin whom Williams has paid with the digital currency, he's now focusing full time on his startup.
Williams estimates the dispenser business alone could be worth millions. And he has bigger plans for the many opportunities that he thinks Bitcoin could offer.
"My experience in payment processing allows me to see this as an empty space," Williams says. "One of the lines I give people is, 'If you were to go back and create VISA, how would you do it knowing everything we know now?'"
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Wilfredo Ledezma
Footballguy
Here is a interview fro a few days ago with this guy on GPB (PBS for Ga)
Bitcoin - Is it Really Money? [AUDIO]
Bitcoin, the new international digital currency is causing quite a discussion among investors and economists.
With no nation officially producing the "coin" some suggest it really has no actual value. Others suggest it is the perfect "exchange" mechanism for the future of online purchases and more.
One thing is for certain, bitcoin is hot. In the last year the value of a single bitcoin has gone from near $50 to around $1000.
This week on Georgia Works Radio we talk to Atlanta Bitcoin Founder, Aaron Williams. He not only champions bitcoin, he is helping to install bitcoin ATM machines around Georgia.
Also this week, we take a look at Mannington Mills. The international flooring company is expanding in Georgia with hundreds of new jobs.
Join us for Georgia Works Radio.
Bitcoin - Is it Really Money? [AUDIO]
Bitcoin, the new international digital currency is causing quite a discussion among investors and economists.
With no nation officially producing the "coin" some suggest it really has no actual value. Others suggest it is the perfect "exchange" mechanism for the future of online purchases and more.
One thing is for certain, bitcoin is hot. In the last year the value of a single bitcoin has gone from near $50 to around $1000.
This week on Georgia Works Radio we talk to Atlanta Bitcoin Founder, Aaron Williams. He not only champions bitcoin, he is helping to install bitcoin ATM machines around Georgia.
Also this week, we take a look at Mannington Mills. The international flooring company is expanding in Georgia with hundreds of new jobs.
Join us for Georgia Works Radio.
Jojo the circus boy
Footballguy
Yes, pretty solid indeed:"It's a possibility"
"How bad do you want it? #RT this and show us...GO!"
Pretty solid confirmations there.
http://www.tigerdirect.com/
http://www.tigerdirect.com/bitcoin/
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-fish-
Footballguy
Good news! I couldn't talk them into trading 100 likes for an eraser and a mini tootsie roll, but they did agree not to seek a restraining order.
We're going places.
Jojo the circus boy
Footballguy
This may seem like a small deal but I think this is huge news:
eBay to allow buying and selling of bitcoins starting next month
The fees to sell will still be atrocious at least there will be no shipping costs, but I can see this being the catalyst of bringing btc to the masses. The largest obstacle to people purchasing btc today is all of the hoops you need to jump through in order secure the purchase. Currently the fastest way to purchase btc is through localbitcoins.com which IMO is similar to buying/selling on Craigslist since there is an element of risk. You still have an element of risk with eBay but it is much smaller especially if eBay takes any measures to ensure the transaction of btc from the seller's account to the buyer's account was successfully committed to the blockchain before releasing the paypal funds.
ETA: Looks like this is an alternative to eBay for fast transactions, they do have escrow as well to protect your purchase:
https://cryptothrift.com/
eBay to allow buying and selling of bitcoins starting next month
The fees to sell will still be atrocious at least there will be no shipping costs, but I can see this being the catalyst of bringing btc to the masses. The largest obstacle to people purchasing btc today is all of the hoops you need to jump through in order secure the purchase. Currently the fastest way to purchase btc is through localbitcoins.com which IMO is similar to buying/selling on Craigslist since there is an element of risk. You still have an element of risk with eBay but it is much smaller especially if eBay takes any measures to ensure the transaction of btc from the seller's account to the buyer's account was successfully committed to the blockchain before releasing the paypal funds.
ETA: Looks like this is an alternative to eBay for fast transactions, they do have escrow as well to protect your purchase:
https://cryptothrift.com/
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Jojo the circus boy
Footballguy
TigerDirect does a quarter million in bitcoin sales in first 17 hours, double what Overstock did in their first 24 hours
-fish-
Footballguy
nice link.
so tiger direct sells bitcoin mining hardware to people that turn around and use what they got to buy more hardware. then TD dumps the fake currency for cash.
Jojo the circus boy
Footballguy
linkYes, DrJ, bitcoin is 1 big conspiracy! That's why the #1 ordered item from Overstock with bitcoins was sheets. It's also why all the profitable miners buy their rigs at TigerDirect because obviously they have the most advanced technology for mining and why TigerDirect sold advertising banners to Butterfly Labs.
Can the arguments you make be any easier to ridicule?
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chet
Footballguy
Jojo the circus boy
Footballguy
My bank is way too nosy, I have two business and a personal account and I get asked questions whenever I make a large transfer / wire / withdrawal - I get asked what line of business I am in way too often. I'd switch banks if this ever happened to me:
http://www.bbc.co.uk/news/business-25861717
I get the whole money laundering perspective, but the banks are too intrusive, there is no "guilty until proven innocent" policy that they need to enforce.
All the more reason to take banks out of the equation.
http://www.bbc.co.uk/news/business-25861717
I get the whole money laundering perspective, but the banks are too intrusive, there is no "guilty until proven innocent" policy that they need to enforce.
All the more reason to take banks out of the equation.
What makes banks more qualified to judge how I spend my money? You go to the bank, they take your signature, your ID, your bank card, they can even have you push in your PIN - that should be the extent of your transaction to verify your identity. It is none of the bank's business what your business is for withdrawing your money.
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![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
bagger
Footballguy
yes I too hate it when banks try to prevent fraud and safeguard customer accounts.
Jojo the circus boy
Footballguy
Then they should say we don't have that much cash. It would be much better than asking their customers, "what do you need this money for?"
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Jojo the circus boy
Footballguy
How are they preventing fraud or safeguarding customer accounts?
Isn't that what asking for an ID, verifying their signature and requesting the customer's PIN are for?
Do you really think a bank teller is preventing fraud by asking a customer "what line of work is he in?", and "why do you need to withdraw $7k?"
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Jojo the circus boy
Footballguy
That is exactly the problem. I should clarify, SARs is not the problem, the problem lies where the banks that assume any transaction over $1k is a potential SAR - so they are covering their ### at the expense of the individual's privacy.
Wilfredo Ledezma
Footballguy
's love the techie #### on Tigerdirect more than overstock.
Jojo the circus boy
Footballguy
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Jojo the circus boy
Footballguy
The article on forbes I read says he didn't comply with anti-money laundering laws, purposefully. Basically that is why you need to be verified to buy Bitcoins on any legitimate site now.
Jojo the circus boy
Footballguy
You are clearly clueless and don't understand how difficult it is to hide money w/ btc.
And what slide are you talking about? Keep spreading FUD
https://www.mtgox.com/
Regardless of your convictions, it is. There is a reason why these guys got arrested with ties to Silk Road.
Also, when the trading is so thin that the folks with the large cache of bitcoins can basically set the price and there is no oversight on that, it is pretty easy to print money. They were able to get the mainstream buy in, which was perfect. Basically, printing money, setting the price and buying/selling illegal things was extremely easy to do.
I know Silk Road was shut down back in October, so I wonder if these arrests are actually part of that investigation. That is a pretty huge arrest of a CEO of a well know bitcoin company and the vice chairman of the bitcoin foundation. It'll be interesting to see where it goes.
culdeus
Footballguy
You act like i give a ####. All I want is for something like this to force open and legal online gaming/sportsbooks. If it does that then I'll change my user name to #1 Fan of Bitcoin and JojoYou are clearly clueless and don't understand how difficult it is to hide money w/ btc.
And what slide are you talking about? Keep spreading FUD
https://www.mtgox.com/
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Maelstrom
Footballguy
Good writeup - http://mobile.nytimes.com/blogs/dealbook/2014/01/21/why-bitcoin-matters/
I want to believe...
Maelstrom
Footballguy
For the other side, I know the following is regarding Dogecoins, not Bitcoins, but it'd be foolish to think the same thing isn't happening in Bitcoins right now:
Text chat of a pump/dump operation, that kinda went bad for the guy trying to arrange it:
http://pastebin.com/tZYvK7UD
Text chat of a pump/dump operation, that kinda went bad for the guy trying to arrange it:
http://pastebin.com/tZYvK7UD
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