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remember the Australian app to buy bus tickets with bitcoin? well the same people developed an app to pay back your deadbeat friends who all hate you Now there's a way to get your money back without awkwardness. Two Canberra entrepreneurs have come up with an app to help people avoid the social awkwardness of asking friends to repay money – and in a world first users can pay with Bitcoins as well as dollars. The app, QuicklyPay.it, allows friends to easily collect money from shared expenses such as restaurant bills or electricity bills between flatmates. Using social media, the app reminds people that they owe the money and allows them to pay it easily, without having to worry about bank account numbers or hand over the money in person. Co-developer Zakaria Bouguettaya says he got the idea when he went with friends to a restaurant that refused to split bills, so he picked up the tab. “The problem came about when I wanted to chase everyone up for payment. Individually, $20 wasn't worth an aggressive push to get the money back, but in total $120 wasn't something I could ignore,” Bouguettaya says. “I didn't want to be seen as a cheapskate, but at the same time I realised most of my friends had simply forgotten to pay me back.” Talking to Andrew Clapham, his partner in app developer Imagine Team, they decided they could use an app to make asking for money less embarrassing and paying that money more convenient. The app can be used to organise outings, such as a movie, then to talk about them afterwards, which means it's not all about debt collecting. “Then the payments are like an afterthought, so from an awkwardness point of view it's not the forefront of the app,” says Bouguettaya. “The other thing we do is we leverage a lot of social accountability – so every time that, for example, I request money from you I'll be able to see when you've seen my request, and in group environments everyone's aware of who's paid and who hasn't.” QuicklyPay.it is the first social payment app to accept payment via Bitcoins, the global digital currency. The Bitcoins are converted on a Bitcoin exchange into Australian dollars, then deposited into the creditor's account. “The exchange rate's crazy, it fluctuates like mad,” says Clapham, who adds that the company converts Bitcoins to currency as soon as they get them so they lose out on the fluctuations. The app makes money by charging people 30 cents and a 5 per cent commission for each transaction. It currently has only a handful of users, but the two entrepreneurs, both 24, have already had some success with apps. They started off by developing a timetable and route app for the local ACT bus service, initially for themselves, but then realised it had a wider application. So they founded Imagine Team two years ago after they graduated from their IT-related degrees at the Australian National University. The bus app has proved very popular, with more than 50,000 users – an impressive number for a city with a population of about 400,000. The app lets people recharge their bus card (with credit cards or Bitcoins) and charges a commission, which is enough to pay the two company owners a wage while leaving most of the profits in the company. They've also had their fair share of failures. They tried to develop an app to encourage women to go to the gym, but it didn't take off. “We didn't really understand women as well as we thought we did,” says Bouguettaya. “We also learned that when you fail, you should fail very quickly," adds Clapham. "You should understand exactly why you failed and take that knowledge to the next project.” Another lesson was the importance of marketing. “You can build the best app in the world, and it can be profitable every time a person uses it, but if you can't get it in front of thousands of people all your effort's gone to waste,” Clapham says. “We're discovering that the marketing is really the hard part, and you have to have that totally nailed in order to get your product out there.” To that end, they're trying to pick up new users by giving users $5 credit for everyone they sign up. QuicklyPay.it is currently only available in Australia. The pair want to build up momentum before they try to launch it internationally and grapple with other countries' banking systems. What the pair really enjoys is programming and developing apps and seeing people use them – and being their own bosses. “The best thing about it is the freedom, there's no key performance indicators or anything like that,” says Clapham. “It definitely doesn't hurt that we can wake up at 10 o'clock.” http://www.brisbanetimes.com.au/small-business/franchising/app-lets-you-pay-friends-with-bitcoin-20140131-31r1h.html
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Feb 5, 2014 05:07
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| # ¿ May 5, 2024 11:04 |
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500 posts , this better be good *smashed iphones* *mtgox is dying* *goatse* 5
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Feb 8, 2014 08:14
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Bare Oaks Family Naturist Park, a year-round naturist (nudist) park and campground near Toronto, now accepts bitcoin for all payments, including membership, day passes, food, merchandise and online sales! (link NSFW) (bareoaks.ca) submitted 2 hours ago by sunLoverTo  http://www.bareoaks.ca/index.php/en/rates.html
salt shakeup fucked around with this message at 04:59 on Feb 9, 2014 |
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Feb 9, 2014 04:53
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http://www.555lottery.com/
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Feb 9, 2014 05:08
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Dogecoiners Held A Party in The Financial District, And It Ended With Them Putting Their Logo On The Wall Street Bull The burgeoning digital currency Dogecoin — which is like Bitcoin except that the driving ethos is not libertarian but rather lolz — held a big party last night in NYC’s Financial District. Well, to be more precise, the growing number of the currency’s fans (who hang out on the R/Dogecoin page on Reddit) threw the party. We only had a chance to stop by for a minute, these photos should give you an idea of what it was like. There we people in costumes alongside the Shiba Inu puppies that are the coin’s logo.  There was a DJ.  There were Dogecoin T-Shirts for sale, and apparently they were made in one day with the help of the Reddit community.  We had to leave early, so we probably missed some festivities (apparently there was a raffle). But then later on in the night, the party made its way to Wall Street’s famous bull. These photos were sent in to us by Dogecoin enthusiast Justin Friedman.  http://www.businessinsider.com.au/dogecoin-party-2014-2
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Feb 9, 2014 05:12
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the Australian Tax Office (ATO) is looking to be the first to tax bitcoin http://www.afr.com/p/business/sunday/ato_weighs_bitcoin_rules_L3OCwRm31Mu4MdyEIzSMHK Investors and businesses that trade using the digital currency Bitcoin are on notice as the Australian Taxation Office plans to be among the first to crackdown on undisclosed capital gains and GST at tax time this year. In a statement provided to the Financial Review’s Sunday program on Channel 9, ATO senior assistant commissioner Michael Hardy said the tax office has been monitoring the growth in the numbers of Bitcoins along with other alternative payment systems and will provide further advice to taxpayers before June 30. Mr Hardy added that “paying for goods and services with new types of payment tokens such as Bitcoin still means that the seller may need to account for GST and/or include the income in their business tax return. “The buyer may also need to keep records of the value of the purchase and account for the tax consequences if it represents a business expense or if the purchase is an asset which may be subject to a capital gain or loss.”
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Feb 9, 2014 05:37
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Notorious b.s.d. posted:everything in this image is great that's not a subwoofer, that's a pair of acoustic research bookshelf speakers i know this because i have the exact same speakers 
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Feb 10, 2014 02:28
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its 1pm in japan and we still haven't heard anything from mtgox 
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Feb 10, 2014 04:58
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stoutfish posted:does anyone in japan even care? the only sham exchanges that interest the japanese are across the road from pachinko parlours
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Feb 10, 2014 05:04
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mtgox are on a plane 2 sweden to monetize their next exchange hotcox (hearthstone online trading card online exchange)
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Feb 10, 2014 09:23
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Molotov Cock Tale posted:https://www.mtgox.com/press_release_20140210.html L O L
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Feb 10, 2014 13:24
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is that dust breaking wallet bug real, cause.... Spam transactions I keep getting spam transaction of 0.00000001 BTC form this address anyone know how to stop this? https://blockchain.info/address/1SochiWwFFySPjQoi2biVftXn8NRPCSQC - Is this some kind of attack? A large number of 0.00001 mBTC been sent to a many addresses! https://blockchain.info/address/14zfMVJyJ3o5f7HwcZxnkoAZPn9AYgeeU4 - These transactions make me suspicious, are they normal? I dont exchange BTC with anybody. I just got 3 "gifts" of 0.00000001BTC from two different addresses, so 6 total. Could somebody help explain why someone would randomly do this? its just confusing. [Address 1](https://blockchain.info/address/1Enjoy1C4bYBr3tN4sMKxvvJDqG8NkdR4Z) [Address 2](https://blockchain.info/address/1Enjoy1C4bYBr3tN4sMKxvvJDqG8NkdR4Z) - Receiving multiple random unconfirmed 0.00000001 from satoshidice - never been to that site before. Does this affect the balance in that address in any way?
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Feb 11, 2014 01:24
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Feb 28, 2014 12:19
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Bitcoins suck, hah!
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Jun 4, 2014 05:01
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Bitcoins are friggin' bad as all heck
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Jul 3, 2014 05:28
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| # ¿ May 5, 2024 11:04 |
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Lol at how loving bad bitcoins are
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Jul 28, 2014 04:14
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