each one has an owner tho, no?
they simply all have to report to the HQ
isnt that how it works?
Ask yourself if there is a lot of differences between different subways.. or mc donalds restaurants.. These franchises have very tight controls.. k well i must be right because its only one subway that accepts bitcoin as payment . |
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 %5 of gold is about 9 trillion dollars, apply that to 21 million bitcoins and we get a price of over 37,000$ pre bitcoin.  |
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Subway! Is that worldwide? If so, this is going so much faster than I ever imagined  i think its just one subway so far. i guess the owner of that particular subway is a bitcoiner Ah Subway's a franchise? each one has an owner tho, no? they simply all have to report to the HQ isnt that how it works? |
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Subway! Is that worldwide? If so, this is going so much faster than I ever imagined i think its just one subway so far. i guess the owner of that particular subway is a bitcoiner |
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Any particular reason why the bitcoin price would surge due to merchant adoption? Let's all be honest with each other, bitcoin is still hard as fuck to use for the average person when buying something. Couple that with the volatility and there's just no incentive for anyone to use bitcoin over dollars.
All it would achieve is bring in more speculators who want in on the craze because they think they might make some profit. Yes that might surge the price temporarily, but it would drop just as fast as soon as everyone realizes everyone else is just here to make profits.
Think of it another way, Bitcoin is the backend infrastructure that will allow entrepreneurs to build front end systems that take advantage of it's low transaction cost and security. It just happens to be a speculative vehicle as well, but in some ways if you think about it, it was fiendishly genus to make it deflationary driving huge demand from speculators guaranteeing it's adoption and growth as time goes on. We will eventually hit the top of the S-curve or it will all go to shit, but in any case.....enjoy the ride. I totally agree that bitcoin is some sort of template for things to come. But thinking merchant adoption is important at this point is just wrong. There's a buttload of other stuff that needs to be solved first. naa its a fully working beta. for money of the future better get use to it now then later. |
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I was just about to set some sell orders before going to bed but after reading that subway twitter, feck it. My coins are in the hands of the gods, heres hoping 1000$ in the morning.
subway twitter? Thats news from several days ago. omg |
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 i cant believe this. this is not believable! ill be a seller higher,
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*yawn*, give us some action already. At this point I might actually have to do something constructive with the rest of my day...  ya fuck this. i'm out. |
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Look everyone. Some beginner is running a generic stock program on bitcoin. The program isn't smart enough to figure out "New York" has absolutely zero meaning to the Chinese that drive everything around here.
you trust me now when you feel like selling in 3 weeks BUY! |
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this is going to take forever.... mage bull is bullish
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We got movement!
come to papa |
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You're all right to hold on to some for the future, and I kept a couple just in case, but it does feel really good to have made money and cashed out. For many of the dream chasers here cashing out is a bedtime fantasy. I don't want to dream about it anymore. At what point do you cash out? At retirement or when you have a big purchase and need the money? Never? I hope the price goes to a million a coin and we are all rich off a few coins but I most likely won't live long enough to see that happen.
I haven't spent a coin since Jeremy was selling Amazon cards to Americans. So I've been saving for a long time. Time to spend!
How many coins did you cash out in total? Just over 1800. Edit: that's all I've ever had which includes spending at SpendBitcoins. How are you planning to withdraw it from Gox though? Gonna take the 5% extortion fee? please tell us you didn't sell at mtgox. |
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So Gox goes up while China didn't do anything really. It's up to 730 doing just fine when suddenly China goes down and instantly Gox and Stamp drop.
Can anybody explain to me how that happens so fast and why?
the bubble poped! now their could be another bubble foruming right now. IDK i'm really scared.  Those that were comfortable to exit the race at 800-900 have since been replaced by the new adopters who are still racing to get in. You can see evidence of this as before the drop the BTC on the ask side was slim. However since the drop the btc on the ask side has grown. These new players are going long and I expect them to hold large quantities of BTC much like art as they would with other 1/3 commodities. I had expected this to take another week or so. However since the US Senate hearing and with the upcoming reviews in early/mid December I expect that others also had felt the bullish nature the US is adopting to Bitcoin and cryptocurrencies in general. ya me too  |
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bubble ontop of a bubble?
i'll believe it when i see it.
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I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
 a house is not fiat. housing prices only ever go up. mostly, expect in america the land of bubbles |
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any minute now, the price will double. for sure
I think you might be bipolar dude. I am! but i was being sarcastic... rest assured i have been sleeping fine and am not manic right now... the market is tho! |
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