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(International Business Times)   Today's "Could Mean Something, Could Mean Nothing" story brought to you by Apple removing all All Bitcoin wallet apps from the App Store   (ibtimes.com) divider line 49
    More: Interesting, Apple App Store, AAPL, mobile apps  
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1483 clicks; posted to Geek » on 06 Feb 2014 at 1:46 PM (24 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



49 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-02-06 01:49:53 PM
Applecoin™ will be soon accepted at the Apple Marketplace, in many major suburban Apple Stores and also at the double secret Apple Road MarketplaceTM
 
2014-02-06 02:01:12 PM
So Bitcoin users move to windows phones and Android.
 
2014-02-06 02:09:48 PM

ongbok: So Bitcoin users move to windows phones and Android.


As the poster above you mentioned, it's more likely that Apple is preparing their own product and doesn't want any competition and of course you'll only find it on Apple OS's the same way you now only find Safari on Apple OS's.
 
2014-02-06 02:11:54 PM
Perhaps it's that all bitcoin wallets, and all other bitcoin businesses, eventually lose or steal everyone's bitcoins.
 
2014-02-06 02:23:31 PM
Why do I suspect that the Venn diagram of heavy iOS users and Bitcoin users looks a lot like a pair of hipster glasses?
 
2014-02-06 02:31:40 PM
Cue the propaganda, "Bitcoins are bloated, have viruses, slow down machines", like they said about Flash when free Flash apps were encroaching on their app store.
 
2014-02-06 02:41:11 PM

T.rex: Cue the propaganda, "Bitcoins are bloated, have viruses, slow down machines", like they said about Flash when free Flash apps were encroaching on their app store.


but that was okay, because flash sucks
 
2014-02-06 02:41:57 PM
spay and neuter your dogecoins
 
2014-02-06 02:42:30 PM

Glockenspiel Hero: Why do I suspect that the Venn diagram of heavy iOS users and Bitcoin users looks a lot like a pair of hipster glasses?


I prefer "two malformed anuses", but then, I wear glasses.
 
2014-02-06 02:42:46 PM
Just ask Apple whether or not you want bitcoin or any other variant.  They're always more than happy to tell you what you want and need.
 
2014-02-06 02:43:55 PM
And today's really unfortunate quote goes to...

Valiente: I prefer "two malformed anuses"

 
2014-02-06 02:45:16 PM

sprawl15: spay and neuter your dogecoins


looks concerned...

static02.mediaite.com
 
2014-02-06 02:50:16 PM

Latinwolf: the same way you now only find Safari on Apple OS's.


You can get any number of Safari alternatives on desktops, laptops, tablets and phones running Apple OS's
 
2014-02-06 02:51:11 PM

ongbok: So Bitcoin users move to windows phones and Android.


Or Jailbreak.
 
2014-02-06 02:55:02 PM
Nothing could possibly go wrong using a proprietary digital currency.

Put me down for 10,000 Jobucks.
 
2014-02-06 03:02:19 PM

Latinwolf: ongbok: So Bitcoin users move to windows phones and Android.

As the poster above you mentioned, it's more likely that Apple is preparing their own product and doesn't want any competition and of course you'll only find it on Apple OS's the same way you now only find Safari on Apple OS's.


And that will only be accepted in the Apple market place. That goes against the whole idea of Bitcoin. Not a good idea if they want to maintain market share.
 
2014-02-06 03:04:35 PM

sprawl15: spay and neuter your dogecoins


My wife is most upset that there aren't kittykoins.
 
2014-02-06 03:05:56 PM
Probably unrelated to the recent revelation that one of Bitcoins main supporters was, in fact, John Videogames.

img.fark.net
img.fark.net

/Using other peoples software to manage your coins seems like an invitation for trouble.
/Apple probably wants to get ahead of the scandal by offering its own wallet setup.
/Which is still an invitation for trouble...
 
2014-02-06 03:10:25 PM
Someone bought me ฿0.05 for Christmas. It was worth around $30 when they printed it out because the Chinese had said "nope" and the Bitcoin value had crashed, but by the time I paid any attention to it and thought "I'd better see how I cash this in for real money that doesn't involve buying tat from Overstock.com or gambling it online" it had risen back up again to near $40 ($800 for ฿1).

I downloaded the Blockchain app and transferred the Private Key on there. Someone suggested a few places that allow you to buy gift cards so I went to Gyft, downloaded their app too.

To get a $40 Amazon gift card, I had to wait for the value of ฿1 to rise to $808.080808... - when that happened, the $40 gift card equated to ฿0.0495 (and there was a ฿0.0005 handling fee from Gyft, around 40 cents. That's why I couldn't do it with ฿1 = $800 exactly, the $40 gift card would have cost me ฿.0505). One time I checked, it had risen to around $820. I got the address to transfer the Bitcoins for the Amazon card and did it right then and there.

I was lucky to get it low and 'sell' it higher when I did. Since late yesterday evening, the value had gone from around $790 to nearly $755 in less than 90 minutes. When I woke up this morning, it had already been on a roller coaster ride back up to above $790 and was on the way down past $775 again. What must it be like for the OCD investor, watching that graph yo-yo like this?

Now: I could have gone for a better exchange rate. Blockchain uses Bitstamp (current value = $782.64 USD / BTC) but Mt.Gox has a higher rate (current value = $848 USD / BTC). Why not go through them? Well, this is why, from their verification page (which you only see after logging in)...

Notes: Due to the rising popularity of Bitcoin, we now have a high volume of verification requests and are experiencing delays. Verification can currently take 10 business days on a case by case basis, so please keep this in mind before contacting support.

---

Required documentation :

- A CURRENT and VALID Photo ID issued by a government entity (i.e. National Identity card, Drivers license, Passport, etc.).

- Proof of residence issued within the last six months (no exceptions): Utility bill, tax return, insurance payment, etc. We are sorry but NO BANK STATEMENTS will be accepted.


...so: to be a part of the system that isn't part of the system, I need to be a part of the system and give you all this documentation?!?

My current Bitcoin balance is six ten-thousandths of a Bitcoin. Just a fraction under 47 cents. I couldn't care one way or another if that loose change disappeared tomorrow. Having to jump through more hoops than handling foreign currency has to use the Bitcoins I was given, avoiding one exchange that required the kind of info about me that sounded like an identity-theft scam, just to transfer it into a form as inflexible as a gift card that can be used with just one company with the hope its volatility doesn't render it worthless? It put me off the thing for life.
 
2014-02-06 03:12:54 PM

Latinwolf: and of course you'll only find it on Apple OS's the same way you now only find Safari on Apple OS's.


And of course I have Google's browser on my 5S running iOS 7.

Of course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of  course of course of  course of  course of  course of  course of  course of  course of  course of  course of  course
 
2014-02-06 03:34:07 PM

Dinjiin: My wife is most upset that there aren't kittykoins.


Is NyanCoin close enough?
 
2014-02-06 03:35:46 PM
Took me a second to figure out what was wrong with with the headline.
 
2014-02-06 03:38:35 PM
I forgot to add this in my Bitcoin experience...

When I started looking around for places to spend the Bitcoins, I did what 99% of people that want to be clued-in would do. I googled "exchange bitcoin money". The Bitcoin wiki has a page on currency exchange ...it tells you about how you convert hard cash into Bitcoins, but the bit about going the other way around is noticeably vaguer. It tells you it has an exchange rate, but not how to do that exchange. It then dismisses the criticism that it's an unstable bubble currency ...as it tells you it got up to $1216.73 and was down to $77 in the same year. 

Other sites follow the same pattern. Lots of info on how to buy in right now, scant info on how to cash out if you need to in a hurry. It reminded me a lot of timeshare sales techniques. Someone that won a Nobel Prize in knowing money (Paul Krugman) noted:

I have had and am continuing to have a dialogue with smart technologists who are very high on BitCoin - but when I try to get them to explain to me why BitCoin is a reliable store of value, they always seem to come back with explanations about how it's a terrific medium of exchange. Even if I buy this (which I don't, entirely), it doesn't solve my problem. And I haven't been able to get my correspondents to recognize that these are different questions.

The aim of Bitcoin is to replace fiat currency, a currency that is only worth anything because enough people say it is ...with a currency whose whole worth exists for the same reason. It's 100% sales pitch by its adherents, driven by a Emperor's New Clothes fear that someone at the back will say "hey, this isn't built on any foundations" and it all comes crashing down.
 
2014-02-06 03:53:58 PM

Jackpot777: it tells you about how you convert hard cash into Bitcoins, but the bit about going the other way around is noticeably vaguer.


If you happen to live in Vancouver, BC then it's easy. You just go to the Bitcoin ATM, transfer the bitcoins into the account number it gives you, then take your cash.
 
2014-02-06 03:54:18 PM
"All" as in "all one of them"
 
2014-02-06 03:56:19 PM

Gecko Gingrich: Latinwolf: the same way you now only find Safari on Apple OS's.

You can get any number of Safari alternatives on desktops, laptops, tablets and phones running Apple OS's


My point was that they discontinued it for Windows around the time that Windows 8 came out.  There used to be a version for Windows 7 but no longer.
 
2014-02-06 04:14:56 PM

Ivo Shandor: Jackpot777: it tells you about how you convert hard cash into Bitcoins, but the bit about going the other way around is noticeably vaguer.

If you happen to live in Vancouver, BC then it's easy. You just go to the Bitcoin ATM, transfer the bitcoins into the account number it gives you, then take your cash.


That's a big 'if' for me here in PA.
 
2014-02-06 04:25:10 PM

Latinwolf: My point was that they discontinued it for Windows around the time that Windows 8 came out. There used to be a version for Windows 7 but no longer.


Ah.
 
2014-02-06 04:42:22 PM

A10Mechanic: sprawl15: spay and neuter your dogecoins

looks concerned...

[static02.mediaite.com image 850x531]


.
.
.              wow
.
. so money
.                              very doge
.
.              how currency
.
.                                        such crypto
.
.
 
2014-02-06 04:47:53 PM

Gecko Gingrich: Latinwolf: the same way you now only find Safari on Apple OS's.

You can get any number of Safari alternatives on desktops, laptops, tablets and phones running Apple OS's


I thought that (sans jailbreaking) in the iOS world, you could have any browser you like as long as it's a wrapper around Safari. Mozilla doesn't offer Firefox for iOS, for instance, but it's available for Android.
 
2014-02-06 04:59:56 PM

Fubegra: I thought that (sans jailbreaking) in the iOS world, you could have any browser you like as long as it's a wrapper around Safari. Mozilla doesn't offer Firefox for iOS, for instance, but it's available for Android.


I'm not sure of the back end stuff, but at least superficially Chrome and Opera are available from the App store.
 
2014-02-06 05:39:56 PM

Latinwolf: ongbok: So Bitcoin users move to windows phones and Android.

As the poster above you mentioned, it's more likely that Apple is preparing their own product and doesn't want any competition and of course you'll only find it on Apple OS's the same way you now only find Safari on Apple OS's.


If there is one thing that can totally help a currency take off it's making it exclusive to a tiny set of PC users.
 
2014-02-06 05:46:41 PM

Dinjiin: sprawl15: spay and neuter your dogecoins

My wife is most upset that there aren't kittykoins.


There are similar ones though:
http://catcoins.biz/
http://kittehcoin.info/

And to anyone in the US wanting to turn bitcoins into cash, coinbase.com works great.  There's a 1% fee, but they send cash directly to your bank account via an ACH transfer.  For my credit union, that's an acceptable 3 day delay.
 
2014-02-06 06:00:56 PM

Ivo Shandor: Jackpot777: it tells you about how you convert hard cash into Bitcoins, but the bit about going the other way around is noticeably vaguer.

If you happen to live in Vancouver, BC then it's easy. You just go to the Bitcoin ATM, transfer the bitcoins into the account number it gives you, then take your cash.


So if I were going to travel from San Diego to Vancouver, I could exchange e.g. $500 USD for an equivalent amount of Bitcoin, fly to Vancouver, convert those Bitcoins into CAD?  I suppose if the exchange rate didn't fluctuate too much during the trip, that MIGHT be cheaper than using one of the currency exchange services that airports usually offer.

The only other way I see Bitcoin taking off is if the local currency becomes so unstable that Bitcoin looks like a reasonable alternative, which is only likely to happen in Zimbabwe, Cyprus, and other places that most people have no interest in visiting.
 
2014-02-06 06:20:48 PM

Barry Lyndon's Annuity Cheque: Nothing could possibly go wrong using a proprietary digital currency.

Put me down for 10,000 Jobucks.


No shiat, ours is working just fine.
i.dailymail.co.uk
 
2014-02-06 06:34:11 PM
Apple sent you an email explaining which part of the App Store Agreement your bitcoin wallet was removed for violating.  Will you tell us what it said, or just leave us to speculate on the unfairness of it all?
 
2014-02-06 06:43:04 PM
Are there people who exist who are technically adept enough to use Bitcoin, but not technically adept enough to install iOS apps manually?
 
2014-02-06 06:44:54 PM
Apple wants to chop any path of liability that leads from Bitcoin to it's own deep pockets.
After Bitcoins shiats the bed, there will be a lot of angry snowflakes with no adult capability to take responsibility for their own stupidity and gullibility, looking for people with deep pockets to blame and sue.
 
2014-02-06 07:16:05 PM
ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.
 
2014-02-06 07:32:16 PM

LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.


Including you.
i18.photobucket.com
 
2014-02-06 07:54:34 PM

jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]


How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.
 
2014-02-06 09:16:36 PM

LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.


Geez. Why do people even bother with arguing against "Welcome to Fark"? It's the most retarded thing that happens on FARK.
 
2014-02-06 09:42:21 PM

LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.


StoPPeRmobile: LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.

Geez. Why do people even bother with arguing against "Welcome to Fark"? It's the most retarded thing that happens on FARK.

i18.photobucket.com
BAAAAAAWW! They won't acknowledge my superior genius!!
 
2014-02-06 10:25:56 PM

jso2897: LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.

StoPPeRmobile: LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.

Geez. Why do people even bother with arguing against "Welcome to Fark"? It's the most retarded thing that happens on FARK.

BAAAAAAWW! They won't acknowledge my superior genius!!


Also plenty of retarded shiat goes down in the politics tab
 
2014-02-06 10:58:56 PM

Por que tan serioso: jso2897: LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.

StoPPeRmobile: LasersHurt: jso2897: LasersHurt: ITT: People unfamiliar with Apple, Bitcoin, and the article, commenting.

Including you.
[i18.photobucket.com image 624x416]

How is this clever? It's an inaccurate NO U and then "Welcome to Fark" which doesn't really apply here?

Trying too hard.

Geez. Why do people even bother with arguing against "Welcome to Fark"? It's the most retarded thing that happens on FARK.

BAAAAAAWW! They won't acknowledge my superior genius!!

Also plenty of retarded shiat goes down in the politics tab


Yeah, but that that's to be expected.
 
2014-02-07 12:56:32 AM

anfrind: Ivo Shandor: Jackpot777: it tells you about how you convert hard cash into Bitcoins, but the bit about going the other way around is noticeably vaguer.

If you happen to live in Vancouver, BC then it's easy. You just go to the Bitcoin ATM, transfer the bitcoins into the account number it gives you, then take your cash.

So if I were going to travel from San Diego to Vancouver, I could exchange e.g. $500 USD for an equivalent amount of Bitcoin, fly to Vancouver, convert those Bitcoins into CAD?  I suppose if the exchange rate didn't fluctuate too much during the trip, that MIGHT be cheaper than using one of the currency exchange services that airports usually offer.

The only other way I see Bitcoin taking off is if the local currency becomes so unstable that Bitcoin looks like a reasonable alternative, which is only likely to happen in Zimbabwe, Cyprus, and other places that most people have no interest in visiting.


Just guessing here, but I'm quite sure that ATM has a fee.
 
2014-02-07 02:13:12 AM

Cpl.D: Just ask Apple whether or not you want bitcoin or any other variant.  They're always more than happy to tell you what you want and need.


ding ding ding
 
2014-02-07 02:30:11 AM

Ivo Shandor: Dinjiin: My wife is most upset that there aren't kittykoins.

Is NyanCoin close enough?


I am just going to throw this out there and see if it catches on:


LOLcoin

Physical currency will have a hologram in the background, and a cat of the year on the coin itself...
 
2014-02-07 07:48:07 AM

HindiDiscoMonster: Ivo Shandor: Dinjiin: My wife is most upset that there aren't kittykoins.

Is NyanCoin close enough?

I am just going to throw this out there and see if it catches on:


LOLcoin

Physical currency will have a hologram in the background, and a cat of the year on the coin itself...



fc09.deviantart.net
 
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