Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: drwho88888 on July 07, 2013, 08:44:40 AM



Title: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 07, 2013, 08:44:40 AM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: m4ttanderson on July 07, 2013, 08:56:48 AM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: bigdude on July 07, 2013, 09:14:14 AM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: steelboy on July 07, 2013, 09:17:13 AM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...

Lol


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 07, 2013, 09:32:51 AM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...

LOL. There is no link. The Sunday Times Business Section is part of one of those old fashioned things called newspapers. Ask your parents what they were.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Moebius327 on July 07, 2013, 09:43:54 AM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: superduh on July 07, 2013, 09:49:16 AM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

you mean just how people hold empty plots of land in the center of cities and watch it appreciate in value? those bastards


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 07, 2013, 10:06:08 AM


Just buy, buy, buy and HOLD like a Spartan.



I don't know any rich Spartans


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: iANDROID on July 07, 2013, 10:09:57 AM


Just buy, buy, buy and HOLD like a Spartan.



I don't know any rich Spartans

Just wait 420 years, and Spartans II will be rich.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: LiteCoinGuy on July 07, 2013, 11:18:18 AM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

+1
Oterwise its useless and Will never leave its early stage


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 07, 2013, 11:19:44 AM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

+1
Oterwise its useless and Will never leave its early stage

That's true. BTC need turnover.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Epicurus on July 07, 2013, 04:37:32 PM
$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me :D

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

you mean just how people hold empty plots of land in the center of cities and watch it appreciate in value? those bastards

The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 08, 2013, 07:01:22 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.
It would be interesting to hear of other stories from those who have been involved since the start. If there are any on this forum.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Come-from-Beyond on July 08, 2013, 12:05:25 PM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC ???


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Inedible on July 08, 2013, 12:11:37 PM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC ???

They only have around 10K Bitcoins.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: qiang7390 on July 08, 2013, 01:21:29 PM
BUY ALL~~


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: richard_dein on July 08, 2013, 01:46:04 PM
The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.
Unlike land that's expected to be associated with natural resources, the value of "empty land at the center of a city" is often based on the economic activity that surrounds the land. Roughly the same for Bitcoins.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: favdesu on July 08, 2013, 01:49:55 PM
pics or it didn't happen  :)


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Online24o0n on July 08, 2013, 02:03:22 PM
They bought 20 million worth of BTC, do some research...


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: finlof on July 08, 2013, 02:26:03 PM
Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC ???

They only have around 10K Bitcoins.
more like 100k.  if they own 1% then 1% of 10 million is 100k.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: xavier on July 08, 2013, 10:51:45 PM
Seriously, kudos to the Winklevii for backing bitcoin.

I think the community owes them a massive favour. Well, hopefully they'll get a return when all their hard work pays off.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: killcat on July 08, 2013, 11:59:01 PM
I read this article as well, good read.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: yvv on July 09, 2013, 12:10:10 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.

He did not pay his btc for pizza. He gave them to delivery guy.  Pizza guy got his fiat money. Delivery guy got his 10K btc which were worthless at that time. If he did not waste this btc for gambling, he is probably laughing now.
 


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: Cudahuda on July 09, 2013, 12:57:11 AM
This is a pretty creative way to get more people's money invested in bitcoins.  I'm sure if there is a lot of interest there will be a coorelating price rise.


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: villanfonsDC on July 09, 2013, 01:18:39 AM
Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

Winklevoss bros annoy me..


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: drwho88888 on July 09, 2013, 06:57:45 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.

He did not pay his btc for pizza. He gave them to delivery guy.  Pizza guy got his fiat money. Delivery guy got his 10K btc which were worthless at that time. If he did not waste this btc for gambling, he is probably laughing now.
 

Thanks yvv. Good stuff


Title: Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)
Post by: PiaggioCaptain on July 09, 2013, 08:02:31 AM
Pretty sure it was TWO pizzas. Only mention it because it reduces the price by half.