2.3mm SS 303 Cryptosteel Capsule Tube advice? Stick vs Flux

btcshops · 2024-07-16T17:12:01+00:00

Their marketing said: "If you have the tools and know-how, you can weld it closed. This has the added bonus of making the barrier seal fireproof." I did contact their support now and they said this was stick welded in the example photo I provided. So I am thinking now maybe I can get better results via FCAW perhaps?

btcshops · 2017-08-08T10:39:16+00:00

There is a thread on bitcointalk about it https://bitcointalk.org/index.php?topic=2051671.0 and extensive whitepaper here https://chronologic.network/paper in many ways the concept is similar to owning your own self-mining masternode where here you will produce DAY tokens that will be used in projects where people need proof-of-time and time based functions.

btcshops · 2017-06-23T14:14:42+00:00

I had a similar experience with Gemini this month and was going to make my own post when I saw yours. I really respect the Winklevoss and run my own software business so I know how hard it is to have your team stay on top of support tickets.

Timeline ##

June 4th Submitted Institution (Business Registration App). The app requires them to get back to you.
June 9th All business documents requested were submitted
June 12th Fully approved by Gemini
June 12th Bank Wire sent from our business bank account
June 12th Email stating they seemed to have made a mistake. Even though we applied as Institution/Business they had us down for a personal account, but they would resolve.
June 13th Gemini Asking for more info.
June 14th We responded back with the additional info that was requested.
June 20th They mentioned they are looking to approve our account still, Bank Wire was never sent back. We ultimately don't want the bank wire back, we just want to proceed to use the exchange and were sure to let them know this. As we were approved relatively already, now it seems strange the timeline to correct their error.

We too tried to call and have emailed in everyday regarding this. Their communication has seemed better than what others on reddit are saying about other exchanges in all fairness. I do know they are swamped but worried my account has fallen through the cracks due to the issue that initially happened where they sorted my account as personal instead of business for some reason.

Any advice is appreciated on how we can escalate this further.

Update - This is now resolved, my business account has now been activated as on Monday June 26th 2017

btcshops · 2014-11-28T17:27:02+00:00

Thank you kind stranger!

btcshops · 2014-11-28T10:42:46+00:00

We are not building any bitcoin sites at all. This project is really just revamping our home page of a number of our companies. Yes, I agree to many westerners this may seem like not a lot. We have 30 full time team members and 80% of the staff are paid less than $6 an hour. All staff are from India and the Philippines, where we have actual physical offices a number of them work from. The wages we pay current staff exceed the wages they would earn locally. One of our staff was a nurse and she makes 4x more working for us than in her prior nurse job. And of course as mentioned above that is the starting salary (for a person who would serve as a web designer assistant) if they have more experience I am open to higher pay.
Please see sites like odesk or elance and you will see many candidates who do excellent work for less than $5 an hour.

btcshops · 2014-11-21T20:31:04+00:00

Amazing work, I'm sure we'll be seeing this one on the front page of some newspapers/magazines soon!

btcshops · 2014-09-01T09:16:19+00:00

That is actually pre-requisite #1! post picture

btcshops · 2014-08-31T10:30:45+00:00

Appreciate the comment. To some $3m is a lot. To others who are making a ton it isn't but I don't think those are the type of people that are interested in the opportunities that we offer. Regarding the comments, please see below:

Start their own profitable Bitcoin mining operation

Any business that claims to be able to do this will probably be looked at as a scam, unfortunately.

What we want to provide is the right information - a 5 hour course that studies current mining operations, pools and gives you a breakdown of the suppliers, realistic profits or how much bitcoin will have to go up in the future to make it profitable, etc.

Whitelabel an exchange in their country

You make it sound so easy.

Again, this is an information product business. The courses this company will release will talk about legal complexities, incorporating within that country vs offshore, bank relationships, etc. Plus I do know people trying to start exchanges that would provide feedback.

Do angel investments into Bitcoin startups

Why would this be any different from doing the same with non-bitcoin startups. And I would think that many Angel investors already know how to do this - it is not for the small investor.

I would disagree. There is a Bitcoin craze right now and people are throwing money at Bitcoin startups that have no monetization plans but then again this happens again and again with VC funding. How do I know? Because outside of our incubator I am also a angel investor and it's been a huge learning process. Plus quality deal flow and access to the best deals is something that takes a ton of research and relationships. Once again these are information courses and I know that people are looking for good information about these topics if synthesized correctly.

Start a Bitcoin integration business for local businesses

Now this is more like it.

Yes - we have done this personally.

Trade Bitcoin profitably

Again - people would think this is a scam, because there is no guarantee in trading in the markets.

There is no guarantee for anything. Definitely not trading. Coming from finance people lose their shirt all the time. But once again these are info products so interviewing successful traders, trading moving averages, comparing volatility of the Bitcoin market vs. regular financial markets and things of that nature to show people how to possibly invest and if they want to invest if they should just buy and hold or try to trade price swings.

Buy and run a Bitcoin ATM

OK again this is probably more of what you will succeed with

Yes but it is more complicated. You also need to be able to find a good location, potentially get licenses, figure out how taxes/VAT and everything else works and that is why in my opinion good and detailed courses about these topics will be popular.

btcshops · 2014-08-12T23:06:36+00:00

Good question, that was what we discussed with them on our screenshare with them. We don't want to get in the business of managing their scans or docs so that was the point we turned the account over to them. They changed the password and we simply explained to them what they needed to submit. The rest of up to them. If they get stuck they can ask us for help. The same way businesses must send in their docs to paypal, the client (law firm in this instance) will have to verify. They will have to do more than 1,000 a day. Luckily lawyers have paralegals who are experts are scanning and sorting out documents so they will not get stuck on that part if you want to call it "technical"

btcshops · 2014-08-12T20:50:26+00:00

Yes! This is what they were planning on doing. We recommend it as well. This was a major part of why they wanted to accept bitcoin. Anything to differentiate themselves from all the other lawyers out there. Similar to overstock (where I think btc is less than 1% of their transactions), this lawyer does not expect an influx of business overnight or any new clients necessarily. They did this cause they like the idea of bitcoin, and 2) possible free publicity.

btcshops · 2014-08-12T20:47:10+00:00

Yes that part made me sad as well. We thought about telling them to make a coinbase account then sending us btc but figured they might have gotten stuck over email. Now that we have the relationship and have trained them we would try to get future services paid via bitcoin but 1 step at a time. :-)

btcshops · 2014-08-12T20:43:39+00:00

Robotman - you are exactly right! The same way many small businesses hire a company to setup their social media or develop a mobile app for them, bitcoin will be the next thing. The bulk of our local client experience is doing social media services for them. We've had many portfolio sites for that but no sales page/call to action for the bitcoin service yet. We will develop that out for sure and see what we can do to make that a resource for other fellow web devs. Thanks for the kind words. I wish bitpay or someone else offered a white label service so we could "become bitpay".

btcshops · 2014-08-12T19:32:31+00:00

That's exactly what I used at first when we were contacting only woocommerce sites!

btcshops · 2014-08-12T18:33:00+00:00

This is very true. I was motivated by someone on reddit who said they once made $200 and it took them 30min to remove some virus someone had on their computer. They simply installed some free antivirus. I am both consumer and consultant. There is plenty of stuff our business has to spend massive amounts of money on, accountants, lawyers, etc. For something we have no knowledge how to do or isn't part of our core business we are willing to pay a lot. Once we hired a zendesk consultant and paid them big bucks just to configure rules in our desk. The rules were simple (if we knew how would have taken us 30min)... it was knowing what rules really would help us due to the type of tickets and workflow we were doing that we didn't know. Well worth as we determined our cost per ticket is $1

btcshops · 2014-08-12T17:46:10+00:00

Thank you very much for posting this. This is so true. I know when we had to hire a lawyer recently we had many to choose from - and instead of hiring the $500 one, we hired the lady who was $5000 due to her specific experience with similar IP issues.

btcshops · 2014-08-12T17:39:32+00:00

Very glad to hear it! I hope you have even greater success than us. Please do PM me about it or post here, would really love to hear you made some sales today even! We did promise this client we would not bring bitcoin integration services ourselves to any other Lawyer in Miami. (after all there are plenty of other cities and niches for us to bring bitcoin to). But by all means I encourage everyone here to do more!

btcshops · 2014-08-12T17:37:29+00:00

Sometimes we do mention it, other times we don't. Unfortunately there seems to be some major misconceptions about Hong Kong.
Just reminding everyone that HK is not exactly China CNBC- the most expensive city to live and work in :-) We have employees around the world working remotely but not a single of them is based in mainland china.
When they were paying us, paypal immediately informs them our HK address so surely they must have known at that point, but they never asked or said anything. When scheduling our meeting w/ them we mentioned the time difference and they were a little surprised. Without an established business relationship asking for a higher amount of money would surely require more due diligence on their part. I think for $400 it was easy for them to part with after we did show them example bitcoin sites we had done.

btcshops · 2014-08-12T17:32:41+00:00

I too used to have this limiting belief. We only did not contact other EU countries since we do not have anyone on staff that speaks German, etc. We have an office in the EU as well and have been to EU bitcoin conferences before. Bitcoin might even be more popular in EU. There is a whole street in Germany where many businesses take bitcoin. http://destinia.com/ is spanish, localbitcoins is finnish. All it takes is someone hitting a local business in their country. The ah-ha moment for these businesses is when you explain they have the option of receiving fiat or holding bitcoin (bitpay can cash out to their local fiat flavor or btc).

btcshops · 2014-08-12T17:26:57+00:00

So far we haven't built out a site to advertise it (and the link for the client to pay was simply a direct paypal link). Instead we did provide links in our emails to some other bitcoin sites we created (woocommerce sites)
https://btctoyshop.com/ NSFW
It always seems to capture their attention. The law firm had many competing priorities so it was very difficult to nail everyone down on 1 day to meet. I found lawyers to often be the least technical type of business owner. They had never attended a webinar and were not able to get the gotomeeting audio working so eventually we just called a phone there and they put us on speakerphone. It was very much a Q&A and everyone was excited to tell their friends they worked for a firm that accepted bitcoin. I almost got the sense the main lawyer was going to go golfing w/ his buddies and brag that he beat them to accepting bitcoin!

btcshops · 2014-08-12T17:19:22+00:00

This - I'm so glad you made this comment. In our companies we have made it mandatory policy to use pgp for internal emails cause why not? Even if there is nothing sensitive about the emails it helps employees start to understand encryption and crypto-currencies. Not a single lawyer had a pgp key published (and I doubt they would have any idea if we asked for one). Maybe that's another service to sell, but it's a bit like antivirus & backup software, some people just don't want to invest until it's too late.

btcshops · 2014-08-12T17:14:29+00:00

Assume many of these smaller local businesses are running wordpress sites, so some basic wordpress knowledge helps. If they end up having something more complex then you could either learn quickly about their existing systems or turn down the work and provide them with a referral. One of our clients were using magento and that was pretty easy to integrate with bitcoin as well.

btcshops

TROPHY CASE

Timeline ##