Takealot.com uses payfast as a payment processor, and payfast processes bitcoins. There are several other places that use payfast, so there are actually quite a few bitcoin accepting merchants in SA, even if it is indirectly. If people want to buy some physical bitcoins (eg casascius coins), you're...
I was extremely sceptical when I began to see those notifications on my chats. I looked into it and found out about the relationship - https://whispersystems.org/blog/whatsapp-complete/ WhatsApp may have feared losing market share due to encryption and the popularity of it. I know we use it as life ...
There must have been a time where is was of value $0 and then, the next moment it was $0.01 and to what BitCoin amount? Sent from my SM-N910F using Tapatalk hello SpartanZA, satoshi did not decide any value. but yes, there was this moment. the birth of bitcoins value. It was at this price when Jack...
Satoshi decided the value. Demand for Bitcoin increased the value to where it is today. How did Satoshi decide on the value? I have this burning desire to understand this. And how does the market dictate? I know it does, but how? Sent from my SM-N910F using Tapatalk Can you define value for me, val...
Thank you for the explanation. I do understand most of what you said and that isn't an issue for me. The issue I am still unclear about is the value. Who was the 1st person that decided it was x value? Sent from my SM-N910F using Tapatalk Satoshi decided the value. Demand for Bitcoin increased the ...
Hello all! Ok. This may sound like a stupid question to some but no question is a stupid question. I am in South Africa and I monitor the BitCoin exchange rate in USD and ZAR (South African Rand). Firstly, is BitCoin valued individually against all currencies or just the USD? For example: 1 Btc = 40...
In South Africa, in my opinion, malls and high feet traffic areas are best for ATM machines. We have had issues with ATM bombings and theft, but the security in South Africa with ATMs has adapted rather well. I agree though. Security of the cash is a big one but there are many services in South Afri...
Hello SpartanZA ! Excited to see your project alive soon :) Please have a look at Paybill.io , its a similar service running in Pakistan. Drop me a message with your contact details , and i will forward them for Middle East's Bitcoin Golden Boy in Bitcoin programming and developing Mostafa Ferghali...
Thanks @ronnieb I am excited running it. In the process of finalising a business plan and working on presentation. Also looking for developers and all that jazz, but coming along well. ANY advice or assistance on this will be greatly appreciated! On the subject, if there are any developers looking t...
Great vid! I would say Chuck schoomer (or however one spells his name). When he was getting so upset about silk road and then promoting it by hating on it in the main steam media. SR was bitcoins first killer app. Anyway bitcoin really should be made into a film It can't me made into a film yet, we...
This is a fantastic thread, with some brilliant answers all from different viewpoints. My "Journey" into BitCoin was small, started trading in BitCoin with a friend, and now, all I am doing is looking for ways and business' I can setup with it. However, my journey into BitCoin only started after the...
Hello I am working on a system where I need to keep track of transactions of a wallet. For example, I need to record, on an excel sheet for example, the following information of every coin that is moved in or out of this wallet. Date, time, exchange rate at the time, amount. This maybe a newbie ques...
It seems that BitX is doing what I am talking about. By the looks of it, you can pay South African bank accounts with BitCoin and it converts the funds automatically. Checking it out more.
http://www.bidorbuy.co.za/article/6702/bidorbuy_Partners_with_BitX_to_Introduce_Bitcoin - Press Release I personally am happy with this move. I am tired of talking to people about BitCoin and then they in a sarcastic tone, ask the same old question, "But where can I spend it". So annoying! BidorBuy....
Bitwa.la does this in Germany and I use it all the time. It's a great way to pay rent, bills and even parking fines! This is great, and precisily what I am looking for or to do in South Africa. I think the idea I am interested in is solely focused on South Africa. Generally speaking, I am assuming ...
I must be honest, my knowledge on mining is very limited and reading and seeing people spending hundreds of thousands of dollars to power the machines to break even, and of course, be affected by the price of BitCoin, it put that option out of my mind. That's for me anyway. Again, I haven't done a l...
My understanding is the mining is a missed opportunity, but I may be wrong. It sounds like the situation in Angola is not good at all all round. I would look at selling an online service or product and accept bitcoins in order to acquire if you can't in Angola. You can trade and buy and sell bitcoin...
I've arranged a meeting with two friends of mine who work in the banking sector. Meeting them later today. I'll report back as to what they have to say about this idea.
SpartanZA, Excellent to hear infrastructure is needed! It has been long days for myself and those involved in our venture - we are opening 32 BTM's in South Africa by September. Cities are: Cape Town, Buffalo City, Ekurhuleni, ethekwini, Johannesburg, Mangaung, Nelson Mandela Bay and Tshwane. If yo...
I would think there has to be an 'organic' increase. For example, if a block size reaches 1mb, it would have to have the ability to increase on its own as and when it's needed. It would be good to have the size increase to a capacity that 'is needed for that block' instead of a general increase of 1...