I have come to think it's a very relevant question and you can better weight people's opinions having an idea of how many Bitcoins they hold (or do not hold.) So Instead of asking their opinion on bitcoin, I'm now asking every participants the same question:"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
I'll be answering these throughout the evening! First answer nowHi Jad!
What are your opinions regarding the Blocksize-issue(Especially after the Scaling bitcoin event)? are you for BIP100(increase of up to 17%)/BIP101(8 MB and up to GBs)/BIP248(2-4-8-32MB) with/without Segregated Witness and lightning network?
Do you hold bitcoins yourself(in the trezor,web Wallet,mobile wallet or desktop wallet)? How much bitcoins do you hold?
What do you think about bitcoins future(block halvening,openbaazar etc)?
I'd love to share! ~20-30% of our volume on any given day is from Backpage users! It's been amazing really.Thank you for coming here!
I'm not sure how much you can share, but I was wondering.
What are the demographics of people buying Bitcoin with Bitquick (you mention backpage), but what is the gender breakdown? Age breakdown?
Do most people only buy bitcoin once with you or are they repeat buyers?
Thanks for the great question Ronnie. I think you are right, arbitrage opportunities will just become more common as trading volume increases. Arbitrage provides a key service too though. The people selling above market rate are providing a value proposition. Get your coins fast, and simple. For those of us willing to jump through the hoops and loops and wait some time, we can purchase coins at market rate. But not everyone can do that, so the people who are willing to sell their coins, even at a premium, provide a great service for the community.@Jad, thanks for all your contributions in the Bitcoin Realm.
As time marches forward I see more and more "exchanges" popping up. Prices to vary from exchange to exchange. Is there going to be an every increase arbitrage opportunity?
What kinds of issues can I expect with banks when doing volume transactions. If I try and move let's say $20K USD in a month, are banks going to red flag me?
How has it been working with the banks so far? You have a pretty extensive list!!
I saw haha. I like this actually. I keep 1/3 of my personal net worth in Bitcoin.Hello Jad
I was re-reading Antifragile by iconoclast thinker Nassim Taleb recently. He writesI have come to think it's a very relevant question and you can better weight people's opinions having an idea of how many Bitcoins they hold (or do not hold.) So Instead of asking their opinion on bitcoin, I'm now asking every participants the same question:"Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio"
- Do you mind to tell us which percentage of your personal net worth and/or liquid assets you hold in Bitcoins ?
As I mentioned earlier, I think the banks will soon see that blockchain technology without Bitcoin is not that great. There is added transparency, but private blockchains are mutable still, which destroys much of the purpose of blockchain tech. Bitcoin blockchain is simply superior to any other blockchain.What is your opinion on banks pursuing their own forms of digital currency, and blockchain technology? What is your opinion on the impact this will mean for bitcoin?
How can we that use bitcoin spread the information and possibilities this currency has, in a simple yet honest manner?
Why is it that we see highly influential people leaving the white house to pursue careers in Bitcoin-based businesses? Is this a sign of a possible political push to adopt the currency?
How can we get answers out of Congress and people in power about how they plan to address Bitcoin in the coming months/years?
Taken from a very similar question on RedditHow can you guarantee no scam? Scammers are pretty creative, what are you doing to protect against them?
1. Nearly 3/4 of users utilize our quick buy feature. It really helps replicate that classic BitInstant experience.Jad,
I am a seller on your site. Your site is better than others I have tried. Keep it up.
1. What percentage of your buyers use the quick buy button vs individual selecting each sell order?
2. Are you going to put a warning to the buyer to not try to do a online transfer?! This is really annoying because how is the seller suppose to know the buyer is not a scammer who will just call the bank to reverse the transfer?
3. Have you seen any occasions where the buyer tries to go back to the branch and tell the teller that he made a mistake and he wants his cash back??? I have read that some stories online that some tellers actually give them their cash back (which makes absolutely no sense to me) maybe it was just stupid tellers?
4. Any tips on how to really sell bitcoin consistently with bofa without dropping the buy limit or margin percentage? Sometimes my bitcoin just sits their for half a week it sucks to make a measly 1-2% margin on the sales.
5. Is there any way you can reduce the time allowed to make the deposit and upload the receipt from 3hrs to maybe 1.5 or 2 hours? 3hrs seems way to long and that causes sellers to lose potential other sales.
From Reddit:following up on btcchamp's post and cross post from the reddit thread:
i always recommend you alongside libertyx.com, localbitcoins.com - how do you view your platform as differentiated from them? it seems like the consumer price for you is somewhere in the middle of the bunch.
and adding one more Q - how large do you think you can get in a year? how many backpages are out there? craigslist? angie's list?
Not with BitQuick at least.Is it possible to exchange Bitcoins in Iran?
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