With the transaction fees, the blockchain being all clogged up and all, I'm not sure it's a good idea to put just a few dollars in a Bitcoin wallet 👀
Comment has been collapsed.
The transaction fee is caused by offer and demand. With a twist: only 1 MB of transactions can be processed per block (= around 10 minutes). That's about 7 transactions per second I believe.
At the moment, the network is very close to that maximum capacity, meaning people who want their transactions to pass compete by setting higher fees. So it's pretty expensive for low amounts, all the more so since the priority of a transaction decreases the smaller the amount, particularly for transactions considered "dust" (I think that's below 0.01 BTC or maybe 0.001).
Comment has been collapsed.
In case you didn't see the replies to Tristar, it's not a matter of being safe, it's just that the fees are very high for such low amounts
Comment has been collapsed.
i use bitcoin once every 6months and only need ~$2. so a full week to add funds and being forced to spend a full $5 is a pain and a waste of $ as is. i literally have to find places to spend the last few bucks. fees don't bother me nearly as much as waiting a week for a transfer of more money then needed.
Comment has been collapsed.
Humble Bundle has regularly disabled bitcoin payments for their bundles. This probably explains Tremor offer...
Comment has been collapsed.
That's not what he meant. At least that's what I thought :D He was talking about when you buy a game from them - you can buy all the copies. They should indeed limit it to 2 per week or somethin.
Comment has been collapsed.
I dunno, you could still be right tho :) We'll see :D
Comment has been collapsed.
Need reading glasses? Second time. :p
They always kept putting in new bundles without problems it seemed, but they make some bad decisions lately, like alot have a hate against vr bundles (or just don't have a vr set) but they still put those bundles in over other greater ones.
Comment has been collapsed.
And that's totally not going to be an issue with fraud/scams (bundles bought with stolen credit cards, etc).
Comment has been collapsed.
Considering they tried to bypass Humble's account limit and got owned for it a while back (in turn so did those of us that redeemed games from a few bundles), I guess they don't mind more risk lol
Comment has been collapsed.
A while back? lol they got hit again by it a few days ago too. Tremor should limit their Humble bundle stock to trade ins only, it's obvious Humble's just going to have any bundles bought by Tremor revoked again. Too risky to buy Humble games from Tremor atm because you don't know if you're getting games traded in by users, or bought directly by Tremor.
Comment has been collapsed.
Ohh, didn't know that. Well, thanks for the heads up, will avoid all things Humble from them then lol
Comment has been collapsed.
When trading a humble link bought for dollars (Papal/Credit Card), one should also be aware that bitcoin is currently at an all time high (see http://www.coindesk.com/price/ ) ... on the brink of cracking the magical $2000/BTC mark. Now, one could speculate that this trend will continue ... and in the long run it could, but it can also drop ... drop very fast at that, it can happen so fast that it can eat up that %5 profit before you can sell those coins and transfer the cash to your bank account. Don't get me wrong, I like bitcoin, it's fast and flexible, but now may not be a good time to buy.
Comment has been collapsed.
387 Comments - Last post 25 minutes ago by PsyKo
1,388 Comments - Last post 1 hour ago by CalamityUP
18 Comments - Last post 4 hours ago by Sardaukar
1 Comments - Last post 4 hours ago by devotee
53 Comments - Last post 6 hours ago by AwesomePossum50
37 Comments - Last post 7 hours ago by Ezel
111 Comments - Last post 9 hours ago by CRAZY463708
29 Comments - Last post 8 minutes ago by Lubiii
409 Comments - Last post 24 minutes ago by Danimal7544
31 Comments - Last post 34 minutes ago by Gwynevere
100 Comments - Last post 3 hours ago by Kappaking
196 Comments - Last post 3 hours ago by ProV1
128 Comments - Last post 3 hours ago by ceeexo
26,463 Comments - Last post 4 hours ago by marilynhanson
This may sound like an advert, but I am only spreading the word, because I think it benefits everyone. Plus, I got approval from the man himself, cg.
If you know TremorGames, you most likely know that it often has issues with its stock. They just don't have enough to please everybody. Now they offer you an opportunity to help out and even profit from it. You can now trade in bundle gift links in exchange for BitCoins, but with 5% profit.
In time, that profit can build to some nice free cash. If you don't have a BitCoins wallet, like it was for me, you can set it up via CoinBase and connect it to your bank. This way u can get your money back on your bank. They will take some fees, but you still get profit.
Official TremorGames announcement
Anyway, let me know what you think.
Comment has been collapsed.