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re: Say hello to the world's first Bitcoin baby
Posted on 6/28/13 at 2:02 pm to WikiTiger
Posted on 6/28/13 at 2:02 pm to WikiTiger
quote:
ETA: Why do I always have to repeat myself in bitcoin threads?
Please forgive Poodle and Ruskie. Old age brings about short-term memory loss, coupled with a new-found love for statism and the status quo
0
Posted on 6/28/13 at 3:24 pm to WikiTiger
If you're going to raise old issues, then I guess it's fair for me to point out that I responded to your post in the linked thread, and you never bothered to respond to the issues I raised regarding my visit to the BitPay website. So, I'll quote myself to repeat my earlier observations on which you chose not to comment.
In addition, how about this limitation on BitPay?
quote:
No, it is promotional material from BitPay's website. LINK
When I went to BitPay's website home page it specifically says "Processing as low as 0.99." It does not guarantee a 0.99% processing fee for every transaction.
How well capitalized is BitPay? Since they are assuming all currency exchange risk one bad break and they could be toast. What happens if Mt.Gox shuts down? BitPay could be in a situation where they cannot conduct currency exchanges, or combinations of exchanges, to convert from Bitcoins to some other currencies fast enough to settle with rheir customers.
BitPay is making claims it may not be able to satisfy at the fees it is advertising.
In addition, how about this limitation on BitPay?
quote:LINK It may be economically advantageous for businesses to exchange dollars to Bitcoins, and vice versa, on other markets with different prices and pay higher transaction fees.
As of today, the only exchange that has enough liquidity and tight spreads to pull real time rates is BTC/USD.
Posted on 6/28/13 at 4:35 pm to WikiTiger
quote:
If they keep bringing up short term fluctuations
WHO brought up the price drop today? It was YOU.
Posted on 6/28/13 at 4:38 pm to WikiTiger
quote:
Why do I always have to repeat myself in bitcoin threads?
Mainly because you keep changing your "facts." It's fun to watch you try to lie your way out of your previous lies.
Posted on 6/28/13 at 6:11 pm to LSURussian
quote:
Mainly because you keep changing your "facts." It's fun to watch you try to lie your way out of your previous lies.
It was fun, now it's just sad. It's like watching an 18 year old beagle with horrendous hip dysplasia and stomach ulcers, desperately cling to his miserable life. Needs to just go the way of Old Yeller.
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