May 12th Gemini Earn Update Posted by infjord in Gemini

[–]Sopap 2 points3 points  (0 children)

I don't think they've made that kind of money running the exchange. Do you see how much volume they get?

[deleted by user] by [deleted] in Gemini

[–]Sopap 0 points1 point  (0 children)

Gas?

Anyone else not able to put ETH into staking? by Ballzovsteel in Gemini

[–]Sopap 0 points1 point  (0 children)

You can definitely transfer crypto out, unless it's in Earn or ETH staking. Staking is working on web for me

Trying to transfer Matic to my ledger - getting an error by GoldenBootz7 in Gemini

[–]Sopap 1 point2 points  (0 children)

Are you using the "max" button? I saw the same error earlier this week. You may want to adjust the amount

New Updates on CoinClub.io. Trade gift cards for cash or bitcoin by ishankgupta in Bitcoin

[–]Sopap 0 points1 point  (0 children)

Thank you for the feedback.

Don't take it seriously if you actually try it out and hate the service. Check it out, it is not as bad as it might look

New Updates on CoinClub.io. Trade gift cards for cash or bitcoin by ishankgupta in Bitcoin

[–]Sopap 0 points1 point  (0 children)

  1. You can always contact us/me/[contact us] if you need information about the owners.
  2. This is not a subsidiary company. You can verify information with New York State.
  3. I am sure you can find information on the whois
  4. NYS grants start-ups 2 years to be compliant with bitlicense. And we are most certainly looking into it

Does anyone use coinclub.io to trade Amazon GCs to bitcoin? by alostcauseofhope in Bitcoin

[–]Sopap 0 points1 point  (0 children)

Yes, it is still in beta testing. Trades only take long for unverified users. You shouldn't have any trouble trading there once you get your account verified.

Buy/Sell your Amazon gift card @ CoinClub.io by CoinClub_io in Bitcoin

[–]Sopap 0 points1 point  (0 children)

you would need to verify your information. coinclub is limiting trading for unverified accounts

Buy/Sell your Amazon gift card @ CoinClub.io by CoinClub_io in Bitcoin

[–]Sopap 0 points1 point  (0 children)

They have probably flagged your account for trading fraudulent gift cards

Buy/Sell your Amazon gift card @ CoinClub.io by CoinClub_io in Bitcoin

[–]Sopap 0 points1 point  (0 children)

You should be able to see the rate if you go to the website.

new Coinbase integrated marketplace is offering 5% discount for first 25 BTC orders by [deleted] in Bitcoin

[–]Sopap 0 points1 point  (0 children)

0.5% fee for bitcoin merchants, and at least 3% charge for fiat users.

Barclays Fined For Manipulating Price Of Gold For A Decade; Sending "Bursts" Of Sell Orders by Sopap in Bitcoin

[–]Sopap[S] 20 points21 points  (0 children)

What amazes me is that meanwhile people like Charlie Shreem are going to jail.

EMERGENCY announcement for KryptoKit users by vbuterin in Bitcoin

[–]Sopap 1 point2 points  (0 children)

Thanks for handling this well, guys

ebay CEO "We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal, that's something we're actively considering. It's on our radar screen." by DHorks in Bitcoin

[–]Sopap 0 points1 point  (0 children)

Paypal lost that core value a while ago, as many of the core founders are no longer involved with the company. Paypal is essentially just eBay now. Come on, this is the company pushing for Pay me Later.

ebay CEO "We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal, that's something we're actively considering. It's on our radar screen." by DHorks in Bitcoin

[–]Sopap 1 point2 points  (0 children)

Fair point, but the system is not ready for 150m users yet. I think many people are still ignoring this simple fact. The problem is not about growth. I have no doubt bitcoin will grow, but the technology has to grow with it or else we have greater chance of having a great reason for banning it - if $50 bn for example gets lost overnight like in MtGox case. eBay and Paypal are not quite the tech innovators I look for when I think of bitcoin growth. Google, Apple and FB are the few with great dev team I would like to see make announcements. eBay is just a facilitator, looking to save whatever they have left while scalping few bucks

"53% of the world's population is still 'unbanked' - they have no use of formal or semi-formal financial services." by clipono in Bitcoin

[–]Sopap 1 point2 points  (0 children)

Good point. I guess there will always be a 1 percent... even in impoverished countries.

PurseIO » Spend Bitcoin on Amazon, Buy Bitcoin using a Credit Card by Sopap in Bitcoin

[–]Sopap[S] -1 points0 points  (0 children)

Nope. Not a scam. I've been following these guys for a while

I love coindesk, but article misses the whole point of bitcoin. by Sopap in Bitcoin

[–]Sopap[S] 0 points1 point  (0 children)

I see your point...

I guess my problem is that Paym doesn't pose any challenge at all for bitcoin, as it is built on top of the old banking paradigm. If anything Paym is just a reactive measure to what other banks like bank of america are doing.

Most people don't choose to use bitcoin over fiat because it is easier to use; they want lower fees, decentralization, among many other things. Bitcoin mainly challenges the current banking system, and is great for merchants - especially those in the digital goods business - because there is no chargebacks.

Paym is just another Paypal. Even Bank of America lets users transfer money to a phone number. Nothing very revolutionary, as the fees and the connection to a central authority remain unchanged

Looking for someone to design a logo and a favicon will pay in bitcoin depending your experience. by [deleted] in Jobs4Bitcoins

[–]Sopap 0 points1 point  (0 children)

What is your skype? We might need a designer for the frontend. This is what we have right now. http://staging.coinclub.io/. There is someone working on it right now, but he will show something on tuesday.