https://mtgox.com/press_release_20120306.html

Let me sum this up. Anyone with a mtgox account can pay with cash funds or bitcoins. If a buyer pays bitcoins, the seller can instantly sell them on the mtgox market at no currency risk. Mtgox will take a small commission fee for instant-sells.

Regardless both methods should give sellers non-chargebackable solutions.

Middleman can pick up the entire tab now since it's easy to disperse funds to the buyer afterwards.

Still one small problem. It... [Read More]

Source: Youtube

Summary: Opened a computer stores in 1995 and declared bankruptcy. He was a merchant in Ultima Online and owned a lot of property. He was amazed people would pay for virtual items. Sold 1 account for $1800 and another for $700. It takes a long time to build up a business.

Account sales violates the ToS. That doesn't work anymore. Writing guides fits his business model. Write guide once and sell it many times.

Have to be willing to take a risk then you're not in it... [Read More]

Source: Xbox 360 Digest

Summary: Bing has a new service called Bing Rewards. It's a free program with Rewards service. In order to earn points, you have to use a Bing toolbar to keep track of your surfing habits and your bing searches. You get like $0.50 a search plus $2 in credits for signing up. This program is US only.

My comments: This is free, but I've heard lot of complaints so far about taking up to 6-8 weeks getting your points. You'd figure since these were virtual goo... [Read More]

Source: Guardian UK

tl;dr: The registered population of online communities such as Second Life and Blue Mars is greater than that of the US and Europe combined. Today's residents of the simulated universe aren't just socializing but doing big business. According to some analysts, we are in the midst of a virtual revolution that might one day be considered as important as the industrial revolution.

My comments: Interesting read. Here's an a cool statistic. Nic Mitham, found... [Read More]