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12921  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 01:51:38 AM
that guy on reddit is just a troll trying to raise the price in his favour
I also think so.
we have to ask ourselves the question, what would paypal gain right now by accepting bitcoin as a form of payment?
Right now I think they'd would loose a lot. They obviously can't take 10% fees from bitcoin. People would think that it's a ripoff.
Them adopting BTC would cause massive adoption by businesses and they'd loose a lot of revenue from fiat.

Maybe in 5 years. Not too fast [to keep revenue high], not too late [to still be in business when fiat starts dying].

The longer they wait, the longer companies like BitPay gain market share. Secondly the longer they wait, the longer they risk some other big-name established company in and taking over the Bitcoin payment scene. Thirdly, working with Bitcoins would open the door to in-store revenue for paypal (picture every brick and mortar store having a paypal bitcoin machine at the cahier desk). Fourthly, it would open to the door to more global opportunities in countries where their current system isn't being used, as well as put Western Union and Moneygram out of business with paypal's bitcoin-remittences. Lastly, and I don't know the legality of this, but if they own a bunch of Bitcoins, they could make a ton of money off the price increase that would come with their integration as well as the furthered adoption it would bring.

and paypal has pretty much infinite PPUSD so...  Grin
12922  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 01:47:54 AM
12923  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 01:45:44 AM
why is everyone talking about the paypal rumor again anyway, that's yesterday's news; did we not fully price that in Huh

 Wink
12924  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 01:42:12 AM
that guy on reddit is just a troll trying to raise the price in his favour

we have to ask ourselves the question, what would paypal gain right now by accepting bitcoin as a form of payment?
the future
12925  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 12:21:57 AM
Quote
PayPal has hinted
...
of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors"   Wink

Granted, the question is whether the future is now.

the past we cannot control
the future is set in stone

today is a gift

this is why we call it the present

who do you think you are? an internet philosopher king?

if the future is set in stone, none of this matters and today is not a gift, it just is...
i'm running out, going to pick up some green for the weekend
and yes... this is who i am....


 Cheesy Cheesy
12926  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 12:15:31 AM
Quote
PayPal has hinted
...
of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors"   Wink

Granted, the question is whether the future is now.

the past we cannot control
the future is set in stone

today is a gift

this is why we call it the present
12927  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 12:12:14 AM
Quote
PayPal has hinted
...


of course bitcoin is the future its on a matter of time till everyone get with the program, expecting more "Rumors"   Wink
12928  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 12:09:54 AM
hey whats up guys?




 Grin
12929  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 12:09:26 AM
buy buy buy!
12930  Economy / Goods / Re: [WTB] Casascius 2011/2012 coins on: August 03, 2013, 04:14:51 AM
would you be interested in Casascius 2012 1BTC blanks aka "roll your own"
12931  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 03, 2013, 03:57:08 AM
12932  Economy / Service Discussion / Re: How much has mtgox made and how much does their exchange cost? on: August 03, 2013, 02:43:15 AM
No clue so I'll toss out numbers!

Average 30,000 btc a day, some more some less but lets say that :O
Running how long 2 years? lets say 700 days * 30000 - 21 million bitcoin transacted
0.5% fee

105000 bitcoin profit

there's a fees on both sides of each trade.

last year they made a public report on their earning and were showing a loss.
12933  Bitcoin / Bitcoin Discussion / Re: Bitcoin, Fiat and Aliens! on: August 03, 2013, 02:15:28 AM
PM most likely. At least it would be something they would understand, even if what humans consider precious has no value to them.
BTC maybe assuming the crypto behind it is alien technology proof.
Fiat = monopoly money.


But they can scan for a large asteroid made up of mostly gold. If they used that gold to buy things from us, we would right away value gold at 5$ a kilo  Tongue


12934  Bitcoin / Project Development / Re: Annonymous offshore hosting, any experiences? on: August 03, 2013, 01:36:26 AM
I once used
http://www.domains4bitcoins.com/
It worked well no problems

and for hosting use quantumkiwi.com

I use them and in my experience they are cheap and good.
12935  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 03, 2013, 12:05:24 AM
Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls

how do you know if a wall is fake or not?

i'm just trolling the troll.
12936  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 11:37:50 PM
Clearly a bearish market.

Has anyone seen the orderbook on Bitstamp!?

There are two massive fake buy walls on MtGox artificially inflating the price.

i just see fake sell walls
12937  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 09:45:39 PM
the calm b4 the storm?

come back at 7:00 EST?
12938  Bitcoin / Bitcoin Discussion / Bitcoin, Fiat and Aliens! on: August 02, 2013, 07:01:24 PM
If Aliens have indeed come to earth, and plan to do business with us, selling goods to us, which currency would they prefer USD, BTC, PM, or what else?




 Cheesy
12939  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 06:14:49 PM
 The return to normal is the first bull trap after the crash, that is what it is... remember this return to normal,  fear, Despair, are the emotions the little people have.

we are back to the mean, deal with it!
12940  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 06:04:27 PM
I'll just leave this here:



 The return to normal is the first bull trap after the crash, that is what it is... remember this return to normal,  fear, Despair, are the emotions the little people have.

we are back to the mean, deal with it!
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