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11201  Bitcoin / Bitcoin Discussion / Re: When did you get into BTC and why? on: February 28, 2015, 12:53:12 PM
I got in btc a few years ago in the first place to make profit.

After a while I had a better look into what Bitcoin really is. And after that I got hooked  Cheesy

I support Bitcoin because it has potential. Profits are nice but not my main reason for loving Bitcoin.
11202  Economy / Speculation / Re: Least volatile week in a year? on: February 27, 2015, 03:57:54 PM
And back is the volatility  Cheesy

Bitcoin will act when people don't expect it, that's how it is for years.

Let's see how long the price can stay above $250 level. It looks quite weak at this point.
11203  Bitcoin / Bitcoin Discussion / Re: Who cares about bitcoin price? on: February 27, 2015, 03:53:26 PM
I use Bitcoin to make payments nearly everyday. I convert my fiat to BTC to make the payments. From that view the price is not important to me.

It's a different story for my coins that I have for trading purposes. Here I do care about the price for obvious reasons.

My cold wallet coins will stay offline in my wallet for years. I don't care what the price is now as I don't plan to do anything with them.
11204  Bitcoin / Press / Re: [2015-02-26]CS - Bank of England:"Blockchain Could Revolutionise Payment System" on: February 27, 2015, 03:45:29 PM
Could? It will, if used.

Currently the banks and the services that they offer do not match the year we live in.

It's dated, and they know that. They seem to review the possibilities of having a blockchain which is a good thing.

But they are still delaying the acceptance to milk people as long as possible. The fees banks are taking aren't bad compared to the greed of Western Union and Paypal.

That's the point.

How long will they push the blockchain aside and continue with their old fashion methods for squeezing billions out of our pockets.

They have to deal with share holders, profit targets, etc. They can't afford to use a new technology and instantly lose billions in revenue and profit.

I think it will take at least 5 years before we see any kind of blockchain integration in the financial world.
11205  Bitcoin / Bitcoin Discussion / Re: Kim Dotcom : " Let's give Bitcoin a boost " on: February 27, 2015, 03:37:55 PM
So ,
Seems like Paypal and MasterCard has stopped doing business with MEGA (File uploading & sharing provider)

Kim Dotcom tweeted : "I like to thank @Paypal for backing #Mega for such a long time. The pressure from Hollywood and the US Government was simply too much."
So he decided to switch from those payment methods to Bitcoin and give a boost .


I personally think that it's a great oppurtunity for Bitcoin , what do you guys think ? Grin

Doesn't sound right to me...People will start to associate bitcoin with underground activities or that's the way how I look at it. So does that in any way connected to which can explain the recent bitcoin price going up?

People (mostly average joes) already associate Bitcoin with underground and or illegal activities.

I think there is a certain need for the service that Kim offers.

I would want to see him get his service to a point that everything is decentralized.
11206  Other / Off-topic / Re: General Football Discussion on: February 27, 2015, 03:34:18 PM
I really enjoyed Besiktas - Liverpool match, deserved win for Besiktas.

I usually don't follow Turkish football, but after seeing the match yesterday I will watch it more often.
11207  Bitcoin / Press / Re: [2015-02-20] bitcoinmag: CNN Money Adds Bitcoin Ticker (XBT) on: February 26, 2015, 02:35:47 PM
Looks like XBT will replace BTC in the end. There is no way out.


At this point it's a bit mixed, some services and exchanges use XBT and other still BTC.

Curious to see when they will change their BTC symbol to XBT.

I also think XBT will be the main currency symbol in the long run.
11208  Bitcoin / Press / Re: [2015-02-26]CS - Bank of England:"Blockchain Could Revolutionise Payment System" on: February 26, 2015, 02:29:29 PM
Could? It will, if used.

Currently the banks and the services that they offer do not match the year we live in.

It's dated, and they know that. They seem to review the possibilities of having a blockchain which is a good thing.

11209  Economy / Speculation / Re: Bitstamp Volume Update on: February 26, 2015, 02:23:34 PM
No surprise at all.

Bitstamp lost quite a bit of its large traders due to the hack.

Even before that, large traders were moving their stash away to exchanges with larger volumes.

No matter how much I like Bitstamp, it was and will always stay an exchange that follows other exchanges.

Bitfinex seems to do a better job in satisfying their customers it seems. It's growing and growing.
11210  Economy / Auctions / Re: [Domain] EarnSatoshi.com on: February 26, 2015, 02:13:37 PM
Last bump.

After 48 hours I will lock this thread if no bid comes through.
11211  Economy / Digital goods / Re: wincoin.com no reserve auction on: February 26, 2015, 02:11:56 PM
I offer you $100 here for that domain in Bitcoin.

I don't use flippa because they don't allow Bitcoin payments.
11212  Other / Off-topic / Re: General Football Discussion on: February 25, 2015, 02:25:31 PM
Again City doesn't know to impress against Barcelona....

City with soo much financial power didn't even manage to improve after the previous matches against Barca.

Bayern Munich, Real Madrid, Barcelona lonely on top of the football world.
11213  Economy / Speculation / Re: Bitcoin fall blamed on impatient traders on: February 25, 2015, 02:22:35 PM
It's a free market. Every trader is free to sell or buy loads of coins at any time.

Bad news after more bad news is what made the price most likely go down quite a bit.

Every exchange has their own orderbook, which is weak in every perspective.

Large dumps on one important exchange makes the price go down on every exchange.

With only one orderbook the price would be way more stable.

That in return would make merchants more willing to keep the Bitcoins instead of having a third party that converts it instantly to fiat.

11214  Bitcoin / Press / Re: 2015-02-23 CA - Bitcoin.de & FIDOR Bank Announce "Express Trade" Feature on: February 25, 2015, 02:11:40 PM
This is great news. Unfortunately there are only a few CEOs in the world that think like Matthias..

Well, some one has to be the first person to make the important first step.

I'm sure if it works out well then other banks might follow.

Great news, we need more cooperation from the financial sector.
11215  Bitcoin / Wallet software / Re: Which is the best mobile wallet? on: February 25, 2015, 02:08:03 PM
I mostly use the blockchain app, which is working quite well.

I'm only looking for a solid and safe ios app which I haven't found yet.

11216  Other / Off-topic / Re: General Football Discussion on: February 24, 2015, 01:54:44 PM
The race to get a top 4 finish is now looking exciting. 5 teams for the last two spots and all 1 point behind their previous team (48/47/46/45/44). Arsenal and Liverpool have gone in form at the correct time and are my picks to get into Champions League.

It's a very exciting fight, indeed.

However, I think United will lose the fight in the comming matches and lose more space.

I find it hard to believe they can get their hands on a Champions League ticket.
11217  Bitcoin / Bitcoin Discussion / Re: CNN adds Bitcoin ticker on: February 24, 2015, 01:48:11 PM
It's a great sign of some believe in Bitcoin from CNN.

Every step in the right direction counts and is important.

XBT is already being used by exchanges and other sites, it's not new.

I think more and more companies and services, etc, will use XBT in the future.
11218  Bitcoin / Bitcoin Discussion / Re: What Does This Mean For Bitcoin? on: February 24, 2015, 01:43:06 PM


Just because someone was robbed?  That's a strange way to determine "mainstream acceptance".

They can money, they can rob gold, why rob bitcoin?

That means something right?

Maybe robbers now can easily dispose bitcoin and turn into cash.

yeah bitcoin has value, but not as valuable as an iphone or cash. You know what I mean.


Thieves steal everything that has value. It's not that they specifically search for Bitcoin.

Gold and silverware can also be turned into hard cash without being noticed.
11219  Bitcoin / Press / Re: [2015-02-23] Forbes: No, Bitcoin Really Isn't The Solution To Greece's Problems on: February 24, 2015, 01:39:02 PM
It would have never happened anyway.

I really can't see a whole country adopt Bitcoin to get rid of a certain problem.

Europe should take its loss instead of feeding Greece billions and billions.

We in Western Europe has to deal with poverty in our supposed "wealthy countries" and what do we do? We give away cash that we ourself need so badly.
11220  Economy / Speculation / Re: Will it hit $1000 again? on: February 24, 2015, 01:32:50 PM
I dont think bitcoin will ever hit $1000 again, there will be no more bubbles because there are many more merchants/exchanges now

Money moves mountains.

At this point there is soo little money in Bitcoin that real investors with hundreds of millions of new money can shake things up quite a bit.

Best years for Bitcoin will come, don't worry. If you do worry, then sell your coins.  Smiley
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