Bitcoin Forum

22m volume
haha

Welcome to the forum alt-troll. Now fuck off wherever you came from.

What?

wait until the weekend

Troll! Bitcoin is the most awesome form of currency ever created that nobody uses!

I bought a ton of stuff. I don't care about market cap, I care about % off.  8)

Not sure where you got that figure either? But If sales top last year then I think it should be considered a success.

o kno i couldnt find any btc related things on black friday :(

It is increasing every year. With the bitcoin community growing, black Friday's importance will increase too.

oh dear, you mean the currency is under developed? tough times being such early adopters.

I dunno i sold a ton of stuff on ebay which were not at any discount thanks to black friday, never really understood it though.

Last year was $ 6 Millions on Black Friday.
If this year is $ 22 Million it is not bad (366%).
It is no bad if people remind the BTC exchange rate is 1/3 of a year ago at the same time.
People underwater with their bitcoins exchange rate would not be willing to spend them and would prefer spend their always and forever depreciating paper.

Well precisely. Hence my firm response to the little tinker.

Most people who own bitcoins aren't braindead consumerist zombies

Only the merchant profits

Stop buying shit you don't need

https://i.imgur.com/k8GpVLz.png

It's Saturday now and the volume is only $ 18.5m. Black Friday's 3.5m extra volume is not too bad.

Saying Jews are smarter than everyone else doesn't seem anti-Semitic to me.

Everybody busy shopping.. :) who cares about bitcoin.

Somebody is unhappy that the price did not go down as expected due to Black Friday.

let's see how does the joke ended

Like most people, they are not going to spend their BTC to buy things in fact they are going to buy it with fiat, that's what I did. They realized that BTC too valuable to buy things with right now

However, if you/we do not buy with BTC in the future, it is worthless.

I don't think the BTC would ever become worthless in fact I think it will become more valuable than a gold in near future.

Why didn't you buy things with BTC then immediately replace the BTC that you had just spent? The USD value of BTC is very stable at the moment, so there is no risk in the short window of time involved.

The reason is that there is no utility in using BTC at the moment. We have tiny volumes of BTC transactions at the very peak of the online spending calendar, just before Christmas. Perhaps BTC will be useful to consumers in the future, but clearly it has no value at all to them at the moment. Not even for the most ardent believers in Bitcoin, such as you, 'bitcoinbelieve'.

I invested large portion of my saving into bitcoin and I don't regret it all b/c I realized that there is more upside than downside. In my opinion, I value bitcoin more than the fiat due to fact that it (value) WILL go up in the future as to fiat where the inflation is going to eat away the purchasing power.

I'm not sure if you are miner or not but it takes  me at least a month accumulate 1 btc (running 24*7), the reason why I brought this up is that I'm not going to buy items with bitcoin  b/c it will be stupid. It is cost effective to buy stuff with fiat than btc (currently).

"Why didn't you buy things with BTC then immediately replace the BTC that you had just spent".....That doesn't make sense, why would I incur fees when I could avoid it in the first place. To those who don't know, there is small fee you have to pay when you deposit or withdraw  btc to fiat or vice versa.

Bitcoin is well undervalued for various reason but main contribution factor I believe is lack of  infrastructure and also lack of mass adoption.

Black friday ?
Lots people discount their item with BTC
And gambling site give some promotion


This prove black friday increase  bitcoin activity

Price goes down, people say "See?  Bitcoin is being used as a currency!" .. price goes up "See?  Bitcoin is being bought!" .. price remains constant "See?  Bitcoin is stable!" ..

How much was 2 years ago?
It shows where Bitcoin currently is. 3-5 years more needed.