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nym

1,992 karma · joined July 11, 2008

Tom Longson http://tomlongson.com

Frontend Web Developer / Javascript Hacker / Can make minute rice in 58 seconds

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nym··on Weekly Online Poker Traffic Update
Source?
nym··on Nothing is certain, except death and taxes .. and chargebacks
Cash has no chargebacks, which is why merchants will often offer a small discount for using cash (or charge a .50 fee) when using a credit card. Bitcoin is just like cash, but digital. Some merchants even offer discounts for customers who use bitcoins since the risk is mitigated, as with physical cash.
nym··on Nothing is certain, except death and taxes .. and chargebacks
Coinbase does ACH for Bitcoin, they usually hold the funds for 6 days to prevent fraud.
nym··on Nothing is certain, except death and taxes .. and chargebacks
Use digital cash- no chargebacks, no middlemen.

The best option today if you don't want chargebacks is adopting Bitcoin for payments (like how Reddit did for Reddit Gold with Coinbase).

http://blog.coinbase.com/post/40131065845/hosted-payment-pag...

nym··on Bitcoin: who is Satoshi Nakamoto?
I'm betting it's PG ;-)
nym··on I made $200K and PayPal locked my account
Bitcoin?
nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
They already did! You just need to buy a bitcoin, and wait 30 days. Coinbase does this to limit fraud.
nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
You go to their website, and say how much you want to deposit (lets say $100). They will give you a final deposit amount that is pretty similar, but different (e.g. $99.86), which allows them to identify your deposit. Once the deposit is made, they verify it, and if there are any problems, they will request your receipt.
nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
There are other options available for people in Europe:

http://howdoyoubuybitcoins.com/in/europe/

Hope it helps!

nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
Paypal is always super expensive... I really recommend using cash at an ATM with Bitme:

http://howdoyoubuybitcoins.com/from/bitme/

nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
Instead of what, gold?
nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
Check out our guide here:

http://howdoyoubuybitcoins.com/in/united-kingdom/

Edit: Why the downvote?

nym··on Coinbase Is Now Selling Over $1M USD Of Bitcoin Per Month
If you have used coinbase, please write a review of it for us!

http://howdoyoubuybitcoins.com/from/coinbase/

If you want to deposit cash at a Chase ATM, you can do so with BitMe:

http://howdoyoubuybitcoins.com/from/bitme/

..and if you don't live in the united states, we have guides for you too: http://howdoyoubuybitcoins.com/in/

nym··on Direct use value of Bitcoin
Looking to buy bitcoins?

Here are guides + ratings on how to buy bitcoins, in the united states, europe, and around the world:

http://howdoyoubuybitcoins.com/

Let me know if you have any feedback! We're always trying to improve!

nym··on Bitcoin Reaches All Time High Market Capitalization
If you want to find out how to buy bitcoins (it's hard to mine them now), there are a set of online guides at:

http://howdoyoubuybitcoins.com/

tl;dr use coinbase (just like paypal / 1%) or bitme (chase deposits / 0.75%)

nym··on Bitcoin market cap now +$200M as prices keep rising
If you're interested in buying bitcoins, check out this guide:

http://howdoyoubuybitcoins.com/in/united-states/

Also, I recommend these companies:

- Coinbase (1% charge) http://howdoyoubuybitcoins.com/from/coinbase

- Bitme (0.75% charge) http://howdoyoubuybitcoins.com/from/bitme

nym··on Namecheap Makes $44,000 Donation to the Electronic Frontier Foundation
Namecheap is so awesome, sopa, eff, great customer service- I wouldn't be surprised if their next move was to start accepting bitcoin as a payment method.

Talk about a tech-savvy business!

nym··on Ask HN: Can use the #1 supercomputer for any project I want. What should it be?
Points for mention the merkle tree. Merklelicious!
nym··on BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board
One word: Chargebacks.

If someone decides 60 days later that they want to contest the purchase, they can. Usually this screws over the seller, leaving them in the negative.

nym··on PayPal Assault On File-Sharing Sites Makes Business Case For Bitcoin
Here's a free guide on how to buy bitcoins in America:

http://howdoyoubuybitcoins.com/in/united-states/

Hope it's helpful. Please let me know if it can be improved.

nym··on Show HN: One curl command issues next-day ACH deposit
I'll buy you coffee AND hear what you have to say.

:-)

nym··on Show HN: One curl command issues next-day ACH deposit
/me registers balancedpayouts.com

(just kidding, but this is why you probably should put all your products under one domain)

nym··on BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board
Check out http://howdoyoubuybitcoins.com/

I recommend Coinbase personally, it's very easy! Come buy a cupcake at Cups and Cakes in SF too :)

nym··on BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board
I really think Coinbase is the Paypal for bitcoin. Paypal should be worried... they are growing VERY quickly.

http://howdoyoubuybitcoins.com/from/coinbase/

nym··on BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board
For those who are interested, Cups and Cakes Bakery in San Francisco uses Bitpay to allow customers to buy cupcakes with Bitcoins instantly. Here's an article and video showing what it's like:

http://cupsandcakesbakery.com/2012/10/buy-cupcakes-with-bitc...

nym··on BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board
If you're interested in buying bitcoins, check this out:

http://howdoyoubuybitcoins.com/

We have regional guides, as well as company reviews+ratings so you can buy with trust.

nym··on WordPress.com accepts Bitcoin
If you are interested in buying bitcoins, please check out a guide I help maintain called "How do you buy bitcoins?". It's 100% free, and we are on a quest to provide custom guides for every country. It's really easy to buy bitcoins these days, especially in the United States.

http://howdoyoubuybitcoins.com/

nym··on Reddit Considering Accepting Bitcoin
Yes, they were funded by both YCominator (YC S12) and FundersClub (>$600k)
nym··on Reddit Considering Accepting Bitcoin
For what it's worth, Coinbase has no reported cases of fraud. We are tracking these kinds of things here:

http://howdoyoubuybitcoins.com/

For example, Bitfloor (which had 250K USD stolen): http://howdoyoubuybitcoins.com/from/bitfloor/

Verses Coinbase, which has no such history: http://howdoyoubuybitcoins.com/from/coinbase/

nym··on Reddit Considering Accepting Bitcoin
I replied to your post, although if your bank takes 10% off the top to begin with, the issue isn't with bitcoins, it's your bank's deposit fee.
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