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The D in Vegas - my recent trip, a few BTC purchases, thoughts from staff about accepting BTC, 18% fee for using the BTC ATM?? Great food paid for in BTC. w/ Pics!

PICS HERE
THE ATM was easy to spot near the entrance where the cab dropped us. A screen above the ATM proudly displayed the 5 places where Bitcoin could be used.
ATM FEE was ~18% to withdraw $100? The "buy price" they were offering me was $238/BTC when the market price was $291/BTC. To withdraw $100 it asked me for 0.4196 BTC. Not sure if the system was broken, or if this was the actual intended fee? I did NOT do this, although I would have for a ~5% fee which is more like what I was expecting. The ATM was operated by Zenbox. I have contacted their support and will update here if/when I receive a response. I also noted that conversions to USD were only available in increments of $100. I suspect this was due to the machine only stocking $100 bills?
The ATM asked me for my name, address, birth date, and last 4 of my SSN.
The restaurants required no personal information, only a valid BTC payment. In both cases the BitPay app "dinged" for my successful payment within 5 seconds of me sending it on my phone.
Gift Shop payment w/ BTC went very smoothly! The woman was good at using the iPad and the BitPay app, she looked like she'd done it before. I picked up a Beer Mug.
The Andiamo restaurant payment required the manager to swing over w/ the iPad to complete my BTC payment, but he was also quick and good at using it all. The checkout process included a screen for me to choose a tip amount before getting the QR code for the total.
The Andiamo restaurant was AMAZING. While a bit fancy and on the more expensive side, the service was impeccable and the food creative, unique, well made, and, just, wow. I highly recommend dropping some of your Magic Internet Money there =)
BTC Signage was proudly displayed both in the Gift Shop and at the Host desk of the D grill. Also, at the front desk of The D and the front desk of the Golden Gate casino down the road, which I am told is a sister location with the same owner.
Staff responses were varied and interesting. None of the staff could speak for ALL BTC payments, only the payments they personally completed on their working shifts. The Gift Shop staff indicated she completed a BTC payment once a month. The D grill staff said approx every 2 weeks. One woman at the D Grill said she was told accepting Bitcoin was "for the future" and that "little by little" it would be used more. The manager at the Andiamo steakhouse said he'd accepted Bitcoin once a month in the 3 months he'd worked there. The Front Desk at the D said they'd completed a payment monthly, but that it was more commonly used in the restaurants rather than people staying at the D. Also, they told me if a person wanted to pay in BTC for their stay at the Front Desk, they needed to book directly through the D, and keep a Credit Card on file during their stay, even though it would not be charged in the end. And, they could NOT use BTC if a guest booked through a 3rd party (I assume an example would be Orbitz or some travel site).
One staff was misinformed and critical of BTC. She was concerned that "it could all disappear" someday since we "don't know who created it" and that person could apparently come back and do something to take it away. I provided the obligatory 30 second (and after a few drinks on my part) explanation of why this could not happen.... She also told me she had worked for a bank before working at the D, and that she had attended an educational something-or-other while working at the bank that was intended to give bank employees exposure to new developments in the industry they should be aware of.
The Owner (Derek Stevens) is a big fan of BTC, according to the staff, which was fairly obvious in how well they were set-up to use BTC in most ways currently possible/available. I can only assume the owner is taking a hit on the BTC ATM, since I can't believe its gotten enough use to pay for itself, especially if those high fees are a normal thing. I seems like only somebody committed to BTC's ideals would take such a hit financially on an ATM.
THANKS TO THE D (And Derek Stevens) for making such a great experience for Bitcoin users! (Excluding the ATM - wtf?) This was our first time to the Fremont Street (old town, old Vegas, downtown) area, and it was pretty cool! I'd recommend it! The D looked very nice and the bathrooms were the cleanest of any I'd visited in Vegas, including everywhere I'd seen on the strip. Andiamo was awesome. Check it out if you get a chance. (The cab from the strip was approx $25 - we chose not to take the public busses which would have been much cheaper)
submitted by Plesk8 to Bitcoin [link] [comments]

I just used a bitcoin ATM for the first time and..

It was amazing :) I'm in hollywood, ca, and by now you know that 2 bitcoin ATM's went live here on 6/21. I used the one in hollywood(in a store called locali, 5825 franklin ave). It's a zenbox. I have a shitty phone,otherwise I'd have loaded a bunch of pics..instead, I just want to say that the registration process(scanning your palm/ID, picking a pin#) was very painless. It took 5 mins for them to set up my account, and for me to buy bitcoin. this was just a test purchase(you can buy as little as $1), and, if I understand how the machine works correctly, it's 2-way, so you can get cash for your btc right there as well.
It makes the whole thing more "real". It's hard to trust a digital currency..when we see more of these ATM's, we'll see
much more bitcoin usage, I'm sure. anyway, I thought the experience was very cool.
submitted by Blacquebit to Bitcoin [link] [comments]

[ALTCOIN ASSEMBLY WEEKLY - BCAP] June 2, 2017

Good morning all, I am submitting our Altcoin Assembly Weekly two days early because of some prior committments this coming Sunday. Enjoy! And as always, looking forward to some great discussion around this.
Our focus this week is on Blockchain Capital.
Blockchain Capital (www.blockchain.capital) (formerly Crypto Currency Partners) is a venture capital company that invests in blockchain related companies. It is headquartered in San Francisco, California. It was founded in October 2013 by Bart Stephens, Bradford Stephens and Brock Pierce. To say they invest in blockchain related companies is an understatement. They ONLY invest in ventures inside the space. As of now anyway, who knows if that may change in the future. They are one of the few VCs that do this.
Bart and Brad are brothers who have been involved in the financial sector for quite some time. Bart started his career at e-trade in the FinTech sector while his brother was a former hedge fund manager at Fidelity. They also ran one together for ten years.
Brock Pierce is someone that you may know as Chairman of the Bitcoin Foundation. All three combined bring a wealth of experience to the venture. Having a quick look at their advisory board, it reads names like Vinny Lingham, Bobby Lee and Charlie Lee among traditional financial corporate heavyweights. Entrepreneur and self titled Disruptepreneur, Jeremy Gardner resides at Blockchain Capital as well. He is an Augur co-founder.
They are currently invested in 40+ companies and have a proven record of exits as well. See below this post for their current holdings and past acquisitions which are publicly available.
Another part of their business is money management, usually for family offices, high net worth individuals including 25 Bitcoin CEOS.
The aim of Blockchain Capital is to invest in early stage fundraising, meaning they will meet with teams that may only have a small group of devs and a PowerPoint presentation. That’s a great position to be in since this is where the most money can be made if prospects can pass their criteria. Primarily, they want to see strong engineering teams with a proven track record of success. The opportunities need to lie in places where there is a large total available market, have an engineering advantage or a new business model that sits overtop free to use hardware/software models. Go big or go home right? Investing in A, B or C round is something they don’t ignore either.
Their ICO has happened already (April 10 to May 17, 2016) and it was successful. Their ticker is BCAP, an Ethereum based smart contract token. They raised $10MM in 6 hours, self-proclaiming they were oversold. This is 20% of the total funds they are raising. The rest will come through traditional channels and will not have a token. Though their token supply is also 10MM, valuing each $1.00. As of this (Sunday, June 4, 2017, the value of BCAP is currently $1.73.
The token represents an indirect fractional non-voting economic interest in Blockchain Capital. The sales were only available to accredited investors. Interested parties had to submit documentation to confirm their identity and net worth/income. A complete turnaround from how ICOs are usually currently conducted. They could be setting the way for how future sales happen. Keep in mind this isn’t a completely new concept. From what I know, they have been in touch with the Federal Reserve on how to structure this so I feel it wasn't done blindly or without guidance.
What they did here was disrupt the very industry they work in. And why wouldn’t they try to? It makes perfect sense. Why wait for someone else to do it? Your local cab company didn’t start Uber. Netflix isn't owned by Blockbuster. Look where those two are now. One is struggling to catch up and the other is defunct. This is a perfect example of a firm who sees blockchain technology as both a threat and an opportunity.
The funds raised from their ICO will be split 50/50. Half will be for new ventures. The remaining for follow-up investments.
Their token grants holders a portion of the profits earned by their investment fund. They wish to spread $500,000 per investment which means 20 deals at that rate. Blockchain Capital will take a 2.5% management fee from that plus a 25% performance fee calculated on the returns. The remainder of the profits will be distributed to the token holders.
Further, a token buyback provision will also enable them to purchase tokens on the open market. This would be in the event that their market value tumbles below their net asset value.
I’m curious to hear your thoughts on this. As mentioned, this isn't an ICO we're used to seeing although this isn't the first of its kind. I do not own any BCAP and I’m hoping u/laughncow can add something here given that he met and spoke with Brock Pierce at his party in NYC during Consensus 2017.
Portfolio includes: o Coinbase – (https://www.coinbase.com) o ABRA - (https://www.goabra.com/) o AlphaPoint -(https://alphapoint.com/) o Bitaccess - (https://www.bitaccess.co/) o BitFury - (http://www.bitfury.org/) o BitGo - (https://www.bitgo.com/) o Blade - (http://www.bladepayments.com/) o BitPesa - (https://www.bitpesa.co/) o BLOCKCYPHER -(http://www.blockcypher.com/) o Blockstream - (http://www.blockstream.com/) o BTCC - (https://www.btcchina.com/) o Chain - (https://chain.com/) o Civic - (https://www.civic.com/) o ETHCORE - (https://parity.io/) - Led by Gavin Wood, with Fenbushi who VB is a partner in o Expresscoin - (https://www.expresscoin.com/) o Gem - (https://gem.co/) o Go - (https://www.gocoin.com/) o itBit - (https://www.itbit.com/) o Kraken - (https://www.kraken.com/) o LedgerX - (https://ledgerx.com/) o Noble - (http://noblex.io/) o PEERNOVA - (http://peernova.com/) o Ripple - (https://ripple.com/) o SFOX - (https://www.sfox.com/) o SNAPCARD – (https://www.snapcard.io/) o Stampery - (https://stampery.com/) o Stem - (http://stem.is/) o String - (http://string.technology/) o TIERION - (https://tierion.com/) o WAVE - (www.wavebl.com/) o Xapo - (https://xapo.com/es/) o zenbox o zipzap - (http://zipzapinc.com/) o ShapeShift - (https://shapeshift.io/) o Ox - (https://0xproject.com/)
Exits include: o Authy – Acquired by Twilio o Bex.io - Acquired by Klinch o Bitnet - Acquired by Rakuten o ChangeTip - Acquired by Airbnb o Coinsetter - Acquired by Kraken
Side note: Had you not participated in the ICO for whatever reason, they also have an AngelList network that allows smaller investors to get in on their deals with as little as $1K. I think this is smart on their part to extend and flex their financial reach. You can visit their page here, (https://angel.co/blockchain-capital)
Edit: Formatting
submitted by 053179 to ethtraderpro [link] [comments]

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FRITZ!Box 7490 an honest review of a great VDSL FTTC Modem Router

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