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I sold my motorcycle for coins. I was buying a lot of article writing service (0% payment fees is nice!) I shipped several orders from international customers

by hippich 15y ago

I sold my motorcycle for coins. I was buying a lot of article writing service (0% payment fees is nice!) I shipped several orders from international customers in my http://store.gifti.us http://store.gifti.us and accepted payments in bitcoins (0% foreign transaction fees is nice too!). I bough steam codes. I built somewhat profitable for short period of time site - http://betco.in http://betco.in and used some profit in bitcoins to pay for development work on open source project. EDIT: Bought, just like few other visitors, articles in PDF at http://ubitio.us http://ubitio.us. This is also project of mine and I am going to contribute it to open source soon, so just another bit into bitconomy. And I am working on two other projects involving products/services and bitcoin :) This is just what came in to my head right away...

Mizza 15y ago
What Open Source project?
- hippich 15y ago
  betco.in - is mix of three projects: 1) python poker network - open source poker server 2) jpoker - open source jQuery-based poker client 3) the room - front-end for everything of it. 1 & 2 - were existing pieces of software which are actively developed further. 3 - started from scratch. All of these are open source. Technically anyone can clone github repo and follow instructions to spawn copy of this project. Project licensed under AGPL which secure all future changes into it will become open sourced as well.
wanderful 15y ago
I'm curious, how have you found the currency value volatility for buying and selling goods and services? I envision a bitcoin meme: 0% fees, 1000% volatility :)
- hippich 15y ago
  It is stable enough to be able to convert bitcoins to usd at predicted rate (marked is liquid enough - and this is where speculators are good evil). I am converting to usd only part needed to pay suppliers and rest leave in coins for now. Agree, income is fluctuating. But I am ok with it since so far I did not see technical issues with bitcoins itself. But you are right - as I said below, huge fluctuation (although, what time period you used for 1000% fluctuation claim?) is a problem. And I will welcome stabilization at any level. Although market is too small to be stabilized soon.

by hippich 15y ago

Mizza 15y ago

What Open Source project?

hippich 15y ago
betco.in - is mix of three projects: 1) python poker network - open source poker server 2) jpoker - open source jQuery-based poker client 3) the room - front-end for everything of it. 1 & 2 - were existing pieces of software which are actively developed further. 3 - started from scratch. All of these are open source. Technically anyone can clone github repo and follow instructions to spawn copy of this project. Project licensed under AGPL which secure all future changes into it will become open sourced as well.

wanderful 15y ago

I'm curious, how have you found the currency value volatility for buying and selling goods and services? I envision a bitcoin meme: 0% fees, 1000% volatility :)

hippich 15y ago
It is stable enough to be able to convert bitcoins to usd at predicted rate (marked is liquid enough - and this is where speculators are good evil). I am converting to usd only part needed to pay suppliers and rest leave in coins for now. Agree, income is fluctuating. But I am ok with it since so far I did not see technical issues with bitcoins itself. But you are right - as I said below, huge fluctuation (although, what time period you used for 1000% fluctuation claim?) is a problem. And I will welcome stabilization at any level. Although market is too small to be stabilized soon.