MtGox launches Bitcoins.com, an information site for all things Bitcoin • Hacker News Board

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#61

Post by celticninja » Thu, Nov 28, 2013, 3:49 PM UTC

Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

you cannot buy with creditcards, try localbitcoins.com but you would need to buy them using your bank account or cash in person.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#62

Post by bernatfp » Thu, Nov 28, 2013, 3:53 PM UTC

lubos wrote: post #40

bernatfp wrote: post #35

I wonder how Mt. Gox dares to spend their time creating this (which is nice by the way) instead of solving their withdrawal issues and finishing their new trading engine integration, which is pissing off many of their customers. The only reasonable explanation is that they have given up on decreasing their churn rate and instead they are focusing on acquiring newbies into their platform. Actually this is kind of sad.…

Do you honestly think that any programmer who works on Mt.Gox core product would have anything to do with this simple static information site?

No, but I guess this affects the public image of the company.

My understanding is that any serious company with issues of this magnitude would solely focus on sorting that out first and doing nothing else than that.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#63

Post by canistr » Thu, Nov 28, 2013, 3:58 PM UTC

giarc wrote: post #57

canistr wrote: post #53

The idea of using Bitcoin at this point in time to physically purchase goods and services is ridiculous given the speed of speculation. Hypothetically, why should I pay someone 0.5 BTC at $1000/BTC if in a couple of days I know it's going to rise to $1000+/BTC? Obviously the seller is betting on their value going up, but at this point, there's no reason to do anything except hold onto your BTC until the market actual…

In 2010 a guy paid 10,000 BTC for 2 pizza's, probably roughly equivalent to $40. 10,000 BTC today = $10.5 million USD.

Which is precisely my point. What incentive is there for the buyer to spend their BTC if the future value will dwarf the present value of the good they are spending it on?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#64

Post by davedx » Thu, Nov 28, 2013, 3:58 PM UTC

Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

I live in the Netherlands. I use Bitstamp with a bank transfer to their bank, wait for the funds to clear, buy the BTC. Usually takes 1-2 days for the whole process.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#65

Post by user24 » Thu, Nov 28, 2013, 3:58 PM UTC

canistr wrote: post #53

The idea of using Bitcoin at this point in time to physically purchase goods and services is ridiculous given the speed of speculation. Hypothetically, why should I pay someone 0.5 BTC at $1000/BTC if in a couple of days I know it's going to rise to $1000+/BTC? Obviously the seller is betting on their value going up, but at this point, there's no reason to do anything except hold onto your BTC until the market actual…

This question comes up frequently. The best thing to do if you want to buy something for $500, is buy $500 in bitcoin and then pay with bitcoin. This way your 'stash' isn't eroded and you contribute to the bitcoin economy.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#66

Post by bernatfp » Thu, Nov 28, 2013, 4:05 PM UTC

Aardwolf wrote: post #32

How to actually get bitcoins? I mean, seriously, I tried, but all my attempts were futile. Why can't I just use a credit card or similar and buy bitcoints? Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank. Is there an easier way to get them? I live in Europe by the way. Than…

I'm also from the EU and used to have BTC (now I'm into LTC), so here is how I do it:

Register in Bitstamp or Kraken (my favourite exchanges).

Validate your account. You have to provide some sort of proof of identity and address. This is asked by governments and if they don't comply with them they can be closed without any previous notice, like it happened with the exchange bitcoin24. It can take up to 1 week.

Deposit cash. Companies like Visa/Mastercard/PayPal don't want to deal directly with BTC, that's why a bank transfer is more convenient. Being European you probably have cash in a SEPA bank, which is an advantadge because most exchanges accept SEPA deposits at a very low fee (much cheaper than a Wire Transfer) and they are usually very fast (1-2 working days).

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#67

Post by dcc1 » Thu, Nov 28, 2013, 4:06 PM UTC

clamprecht wrote: post #38

dcc1 wrote: post #5

Its just a shameless attempt to advertise mtgox, who by now pretty much pissed off everyone in the bitcoin community with their crap. Remember it was mtgox who caused the last crash and have since continued to screw users while getting into all sorts of trouble in US for dodgy going ons

They link to two competitors: Bitstamp (a direct competitor), and Coinbase (a semi-competitor).

Yes they do but for exchanges list MTgox is first

for merchant services MTgox is also first despite being barely used when compared to bitpay or coinbase

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#68

Post by dcc1 » Thu, Nov 28, 2013, 4:07 PM UTC

salient wrote: post #58

pilker09 wrote: post #33

Earlier quoted context omitted.

> Why can't I just use a credit card or similar and buy bitcoints? Chargebacks are the reason. If you buy a bitcoin with a credit card and I send you a bitcoin, you can get your money back from the credit card company and keep my bitcoin.

What about Paypal? It seems to me they could really advantage of this by becoming the defacto way people use to buy Bitcoins (or at least one of the most popular methods). It's too bad they are so shortsighted about it, and only see Bitcoin as a threat. Yes, Bitcoin is a threat, for the whole financial system for that matter, but it's much more of a threat for those who don't adopt it than for those who do. At least…

Bitcoin is Paypal biggest threat, Paypal have been ruthless in closing any accounts of anyone attempting to buy or sell bitcoins

And of course Paypal suffers from same problem as credit cards of chargeback and fraud

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#69

Post by taigeair » Thu, Nov 28, 2013, 4:08 PM UTC

simonebrunozzi wrote: post #59

taigeair wrote: post #46

Earlier quoted context omitted.

I was the same. I tried to use BTC-e, Canadian one, and coinbase. None worked and took too long. So... I got a forex account and bought a position on BTC. It's the fastest way in. Let me know if you want a referral. Also it's more liquid than buying actual BTC and then selling them I think. Just be careful about using leverage. I left finance in 2009. I never thought I'd get back into trading...

Interesting. Can you send me more info?

http://www.avatrade.com/

Put in $300 and they give you $300. I opened it yesterday got a position on BTC same day (would be fun to get real BTC though). You can buy .01 lot with $300.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#70

Post by Beldur » Thu, Nov 28, 2013, 4:10 PM UTC

dcc1 wrote: post #5

Its just a shameless attempt to advertise mtgox, who by now pretty much pissed off everyone in the bitcoin community with their crap. Remember it was mtgox who caused the last crash and have since continued to screw users while getting into all sorts of trouble in US for dodgy going ons

From their press release:

,,We’ve recently released the launch version of bitcoins.com, an information site for all things Bitcoin. The site is not centered on MtGox specifically and we've tried to keep it as neutral as possible in order to promote Bitcoin."