When will parking companies start paying with bitcoins?

[ngenme]

I accept that. My paypal account was permanently limited. My bizs almost collapsed 1 year ago. I am using banking system and who knows what kind of problem I will run to dealing with offline people.

Nothing is save if government regulate. Under pretext of protecting people from fraud, which they do nothing to government introduce real risk that no body can escape. Risk of being suspected of being risky. The true fraudster is government themselves with their ponzy social securities, welfare traps, artificially created housing bubbles, and deposit seizures.

In crypto I trust.

I personally believe that bitcoins will be $1k this year and have started steadily buying stuffs.

 

[thegeekguy]

NameCheap does accept bitcoin, but i have to admit I have a hard time understanding how it works.

https://www.namecheap.com/support/payment-options/bitcoin.aspx

sorry teguh123, cashing out bitcoins would be a nightmare, your going to be dependent on exchanges like mtgox and you will have to pay for transfer fees to your bank.

 

[ngenme]

namecheap is not parking.

 

[decades80]

Teguh, you are to optimistic about the price I guess. Sure there will be fluctuations, BUT by the time they reach 300 USD the people will sell them like crazy and the price will fall. So concerning that and the fact some people prefer cash and not fictional web money, I strongly believe that the price will not see 1K mark this year

 

[Donny]

I personally don't think you will see us paying in bitcoins anytime soon. Now there could be a new alternative to paypal for example that would allow us to pay them in say US Dollars and then you would be able to accept the money in any currency that you want.

The other problem is with fluctuation in price right now, if I "close" my books today, and I was paying you in bitcoins and each one is worth $100, if I pay you in 3 days, it may now be worth $20 each or $200 each.

That's why at least from our side, we will always pay in local currency.

Donny

 

[biggie]

I personally don't think you will see us paying in bitcoins anytime soon. Now there could be a new alternative to paypal for example that would allow us to pay them in say US Dollars and then you would be able to accept the money in any currency that you want.

The other problem is with fluctuation in price right now, if I "close" my books today, and I was paying you in bitcoins and each one is worth $100, if I pay you in 3 days, it may now be worth $20 each or $200 each.

That's why at least from our side, we will always pay in local currency.

Donny

:talk:

when Google and other ad feeds start paying ppc services in bitcoins, then i'll stop parking


when it comes to bitcoins, some of you may have already "bit-off" more than you can chew

 

[ngenme]

I already bought a mining machine and wrote a book about it.

I really missed my paypal account. When my business grow I do not think my banks would be able to handle that kind of money. Paxum alone have $500 daily withdraw limit.

 

[ngenme]

Paxum is awesome but they could be just as problematic as paypal. Well, the owner of paxum sell penis enlargement pills. Somehow I feel that's something I can trust.

 

[ngenme]

Actually I'll accept payment in anything. The problem with paypal is it's so easy to make a fake account. But if they seize $5k-$10k again, after 6 months how do I withdraw that money to? By check? What about if the check is missing in the mail and stuff?

 

[Donny]

Looks like Mt. Gox, is having some problems.

http://techcrunch.com/2013/05/16/mt-gox-dwolla-account-money-seizure/

Donny

 

[decades80]

Teguh...You are so manic about bitcoins, unless you are buying some Coco Cain, its useless. If you like risk so much do some options trading, as I guess you like fictional financial instruments