Bitcoin Forum

Was thinking about that...  I know there's a lot of talk about Cyprus, and about Spain and other countries in similar situations.  I don't know how many peoples will jump to the Bitcoin bandwagon.  Does it really have an effect?

Here, in Canada, we don't hear much about Bitcoins in the mainstream medias (not at all in fact).  Every people I tell the word Bitcoin replies "Bit-what"?  And I start telling them and they all say "Don't enter into that, it's pyramidal, ponzi, etc..." and I have to explain the details.  If only some serious news sources (read here the TV news, where 95% of the people still get their news from, either TV or their related news websites) would mention something about Bitcoins... ::)

However, how's the news over there?  Anyone from Cyprus, Spain or other countries in financial jeopardy?  Do you hear more about Bitcoins lately?

If those countries start jumping in Bitcoins, the prices could well jump up to the hundreds in the short term...  don't you think?  It's a possibility?

i am in spain and i have been talking about bitcoins for few years and  only 2 person got involved and they sold in 2011 rush and did not come back into bitcoin others consider btc a ponzi and others dont like the señoreage in bitcoin

http://www.zerohedge.com/news/2013-03-20/spain-bitcoin-run-has-started

I think this is exactly why there is so much more mileage in BTC yet.

My guess is that a lot of the expansion this week is from the Reddit effect, and with a few institutional investors beginning to test the water (a few big buys).

It's just beginning to be a blip on the radar for mainstream investors; most haven't heard of it yet, and others are intent to research slowly.

The real explosion is still to come.

buy the rumours sell the news ?

Nice article :)  I just hope big investors don't put their money in BTC just to pump and dump.  You know how they are...  They like to smell danger from far away and pull everything as soon as there's a bad blip on the radar.

That hate session is a pretty clear sign that bitcoin is a winner.

I'm from Spain.
The truth is that Bitcoin is still unknown for the most people here, the average user is, as in many places, the geek people. The media it's not speaking more than they were doing two months ago, that is zero. However, it is truth that the digital version of one of the biggest neswpaper wrote an article the other day, that's it. Unfortunatly, if you read the people's feedback in the comments section most people distrust about our money.
So, there is no a bitcoin rush here at the moment guys.

It's a shame they will probably talk of it only in a few months, and say "People who bought 5 months ago now have 500+% their investment", we should have seen this one coming...

como te atreves a decir algo que no sea alcista, como te atreves a decir que la gente no esta metiendo sus ahorros en Bitcoins


ALA HOGUERA!!! HEREJE !!!!


lol

How dare you say anything not bullish

How dare you say everyone isn't going all in on Bitcoins?

burn, baby burn! He he he!

jajajajaja  :D ;D

http://www.cuantocabron.com/images/templates/yao-ming-template.jpg

https://i.imgur.com/9dD4Ls9.png

+
obama_not_bad.jpg

Italy and France it's where it's at.

And it's only a matter of time now IMO.

I think the hardest part it trying to convince people, while they look at the BTC price chart, that prices may continue rising and that it's not just a bubble.  Especially when they look at summer 2011 as a reference.

the best time to convice ppl about btc was when it stay around 5 usd for so many months

what the fuck planet are you from, seriously.

on the planet there ppl dont take risk  let me remind you the rate for german bund http://www.bloomberg.com/markets/rates-bonds/government-bonds/germany/ all that ppl put their money in that not because they want to gain something just that they want to preserve wealth

if bitcoin want to become a storage of wealth need to stay at same rate (maybe 5 cents up down) for years

How many people do you think are more interested in "preserving their wealth" rather than having a shot at becoming wealthy in the first place? Yeah, that would be about 1000x more at a minimum. The "best time" to convince normal people would be anytime they have a chance to get ahead, not maintain where they are.

Posted in another thread.

Videos on Blooberg http://www.bloomberg.com/video/a-look-at-the-world-s-largest-online-currency-cPMjkXT0QB~SWJbQWWaB2g.html
(Wait for video)

Even if he don't get it, it's nice to see video talking on that subject...

lmfao, someone's parking on the grass.

If BTC value remains the "same" for years, within a few cents, that means it's taking a nosedive along with the dollar, AKA not preserving any wealth.  If the BTC holds a consistent real value, it's value relative to other currency MUST continue to increase.

my family is not interested in btc I did explain them btc buyed casascius coins and silver btc coins they did not want to buy in last years no interested on mining rigs even when difficulty was like 200k 

I just wish someone had told me about it sooner. I guess I'd heard of it around but never looked into it. Then when I did, I picked up a GPU to do a little side mining and would have gone more all-in on that if ASIC wasn't "just around the corner" (F-you, BFL). Luckily I managed to dump a little fiat into it.

The higher the value of Bitcoin rises, the smaller relative changes in value are. At $10 000 per bitcoin a change of $10 in BTC price is 0.1% in total value. Any shop understanding this will understand that they have minimal risk in accepting bitcoin, as it is likely to go up in value, not down. So if they don't update their prices that often, they usually get extra money.

This is one of the reasons why buying BTC now is such a good thing. There's only two possible outcomes: $0 or A LOT.

yeah you need to explain it to them by showing them a graph where the line goes up and say "look, up= good, ok"?

Trying to convince them of the merit of mining rigs... you might as well try and get them to invest in unicorns.

that was in early 2011 and i did have 25x5850 mining on that time