The standard list for merchants is:

1)  Avoiding the 3-5% Visa and Mastercard merchant fees.  And make sure you point out that international rewards credit cards can reach 7% to 12% per transaction for these merchants.  Its a well hidden fact that many merchants aren't even aware they're paying.  BitPay is I believe the highest at nearly 1%.  Coinbase allows up to $1 million in transactions with *zero* merchant fees.  For me, that is a savings of over $75,000 a year, and I own a fairly small online store.  

2)  No chargebacks.  All sales are final.  Power is put back into the hands of the merchant to coordinate disputes with customers.  There is no Visa and Mastercard forceably taking money out of your account without your knowledge or consent, then forcing you to prove why they should give it back.  Chargebacks cost merchants millions of dollars a year.

3)  The ability to hold coins if you so wish, which will inevitably increase in value.  

4)  The ability to instantly convert to USD and deposit into your bank account like any other payment system.

5)  User friendly shopping cart plugins exist from most of the major merchants.  ZenCart, Magento, OSCommerce bitcoin plugins exist, and work very well.

6)  Being part of currently *very* widely published exclusive Bitcoin Merchant lists on numerous websites.  AKA:  Free advertising.

7)  Encouraging the growth and security of Business owners personal bitcoin holdings by participating in the Bitcoin economy and directly helping it grow.

8 )  Ability to offer substantial discounts / incentives (due to the lack of merchant fees) when the merchant feels like it, to encourage greater sales volume.

I'm sure there's more ...

Story of my life.  Fortunately I had had enough right before I discovered Bitcoin.  I was determined (bucket list item) to be a part of the "next big thing".  Fortunately I was blessed with good decision making skills on investments.  I just never paid attention to the new technologies, etc.  I went all-in on Bitcoin after researching it for 2 months.  Everyone told me I was crazy.  Its a matter of staying up to date with the trends in the world.  The waves where humanity goes.  3D printing stocks was another world-game-changer that i JUST missed.  DDD and SSYS had already gone up 300% by the time I heard about it.  I was seriously irritated. I *always* just missed things.  I was standing *in* the sales office of a new condo development the year of the big housing boom, able and willing to sign for a $150,000 condo, but chose not to.  Went home that day.  20 months later that condo sold for $650,000.  So i decided enough was enough.  I even sent my friends a text saying I was going to start paying attention to all the newest innovations and start placing my bets on the ones that seemed logically to succeed.  So i did with Bitcion, and it has paid off handsomely.  And like someone else said, having the freedom to take risks and being willing to "lose it all" <--- that was the key.  

?

I think the rule of "No capital gains tax" in Germany would still hold true.

Lucky bastards.  Someone needs to set up a company in Germany providing services to Bitcoin investors around the world, to somehow take advantage of the withdrawal perks of Germany ...

Electric Mucus has the best username on here.

Mine is a close second.

He is restricted on which types of investments he can purchase. It's not that he doesn't know how, or can't figure it out.

I don't know who said this but its wrong.

Nothing happens to coins on a paper wallet.  You probably read the sentence wrong.  He probably said you *could* lose something that is on paper.

Meaning, its possible to misplace it.  The coins don't sometimes "get lost" from paper wallets.

In fact, the coins aren't really there.  They aren't anywhere.   The blockchain is an accounting ledger, documenting where the wealth is.

The wealth is virtual.  The paper wallet just houses the private key.  And its the private key that unlocks your ability to move the coins from their location documented in the ledger.

There are no coins on your paper wallet, and they can't be lost.

Good times.

U.K.-based hedge fund manager Hugh Hendry, the founder of Eclectica Asset Management, made some interesting comments about how he thinks Bitcoin could go to $1 million, Investment Week's Dan Jones reports.

"This is the environment where Bitcoin could go to $1m. There is no qualitative reason, but it is trending. If I could own Bitcoin, I would," Hendry said, according to Investment Week.

Read more: http://www.businessinsider.com/hugh-hendry-bitcoin-could-hit-1-million-2013-12#ixzz2mWwXWByB

This website would have some worth if it weren't overrun with scam artists trying to charge 50% markups on coins they sell.

Unfortunately *everyone* i have sent there to buy coins has been met with absurd prices.

If I owned that site, I would require everyone to sell BTC for market prices, or close to it.

That is, if the site owner wants his site to actually stay alive.

And Bitcoin rallies are increases of hundreds.

Any suggestions on Google terms for my local city, finding a company that will build me a computer?

I don't know how to put the stuff together myself.  And Id rather not blow money on the markup that pre-made systems come with.

I've had zero luck finding a company that will custom build me a computer here in Miami (by googling).

Any help would be appreciated.

Go back and read the first post I wrote on the first page.  Everything you just asked me was already asnwered there.  I already explained in detail, in two different posts, why I am concerned that the price won't shoot up past $2,000.  It has nothing to do with the 'exchanges being able to handle' the volume.  Where is that coming from?  Gold a commodity that's been around for thousands of years, is considered by nearly *everyone* to be more valuable than Bitcoin, is well known to be purchasable in divisible amounts, and yet here it sits at $1200?  Yet Bitcoin is going to $100,000?  Im asking who is going to spend the money to get it there.  Not sure what's so hard to comprehend about my question...

In my opinion, anyone who isn't paying attention to the alt coins, is missing out on insane profits.

I bought in to about 10 of them four months ago and they are all up a minimum of 200% and some as high as 1500%.

If you haven't discovered how much money you can make by buying tons of sub- $1 coins and waiting a few months ... you're missing out on the next big thing.

Normal.  It has to download the blockchain.

I would recommend however closing it down and installing the latest version of Bitcoin QT (assuming thats the program you're using).

I wouldn't run one that is 2 years old.

What's a "carrot" ?

Another word for utter bullshit?  lol

This is a really strange video.

Can someone confirm that - if its about Bitcion (which it is) - half the stuff they're talking about isn't accurate?  
"Currently, 200,000 companies in the United States can pay their employees with it and 700,000 American businesses are turning to it, including Wal-Mart, CVS, Lowes, and NIKE."

Seems like they've made a strange parody video with some true aspects, and some things are totally fabricated nonsense that may come true in the near future.  I can't get my finger on this video and figure out if its something I should share on facebook as "Current", or label it "What may come".

http://moneymorning.com/ext/bitcoin/videos/video-bitcoin.php?src=jetbuzz&ad=china1
Here is a partial transcript of the video at the point where they finally stop babbling and mention Bitcoin.
Are all those facts in the beginning accurate for current-day Bitcoin???  Or is this some weird, somewhat deceptive video, playing partial facts, and partial fiction?

---------------------------------------------------------------
Mike, these are 21st century Edison Dollars.
I'm talking about Bitcoin.
Bitcoin is the Realization of Thomas Edison's Dream.
Mike Ward:
Michael, a lot of folks have heard of Bitcoin.
And it's unleashed a firestorm in the press.
I want to read some of these quotes for you now.
Forbes, Bitcoin: "the currency of a $10 trillion dollar global market."
Time magazine, this concept is "perfect money."
Fox Business, Bitcoin may become "the world's payment method of choice."
The Washington Post, quoted experts calling Bitcoin:
"The Holy Grail"...
"Astonishingly Secure"..
"Anonymous..."
"Invisible to the Taxma..."
"It Could Soon Rival the Dollar."

Yeah but this is a different animal altogether at $1,000.

$1,000 is a thresshold that 99% of stocks never pass .... and 99% never even reach.

That's kind of why Im taking this viewpoint more seriously.

I bet daily on the "1 penny to 1 dollar" chance with alt coins, and have been paid handsomely on nearly every one of them.

Something being at $1,000 and going to $50,000 needs an outside element which pushes up its price.

If its just Sally and Bob buying a Bitcoin on Coinbase .... we're done going up.

-B-

Yeah , i just haven't been able to grasp why people say "We will hit $1,000, then $5,000!  then the moooooooooooooon!"

What takes us to the moon?

I know what took us to $1,000 ....

-----------------  In order for Bitcoin to continue to 5,000, 10,000...etc....
-----------------THERE MUST be something unique about Bitcoin that pushes its price up *EXTERNAL* from the buying and selling on exchanges.

If there is such an element, then my original question in the original post is answered.

If somehow adoption by merchants translates to "increased price per bitcoin" ... then there's the answer to my question.

But does it?

If Bitcoins "per coin" price depends 100% on the buying and selling on exchanges, then we have reached pretty close to our maximum price.

Gold has been around thousands of years and here it sits at $1200 or whatever ....

So what is that unique thing about Bitcoin that pushes it from $1,000 to $2,000 *outside* of the buying/selling/trading on exchanges?

-BittBurger-

I really need help with this. 

If someone who is good with this stuff could PM me I would really appreciate it.

I think a few quick skype conversations would be sufficient, and i'd be happy to pay you for your time.

Can someone explain this to me please?

People can afford $200 ... $400 Bitcoins ... $900 bitcoins... and with all the money in China floating around, its not too big of a deal for people go buy $1000 bitcoins.

You reach the $1000 mark and you've got Snoop Doggs buying up 20 or 50 of them .... but that's Snoop Dogg.  He's a multi millionaire. 

People have been able to afford to buy in to Bitcoin up till now...

Who the hell is going to afford to buy into Bitcoin at $2,000 ?   $5,000 ?   $10,000 ?

At some point shit is going to simply stop shooting up. 
I know you can buy bitcoins in divisible amounts.   But 90% of the public has no idea they can do this, and Im not even certain that someone buying 0.00004 BTC at $10,000 is going to push the price up at all. 

So my "Speculation" ?   That we're reaching a point at which human beings can no longer buy in to Bitcoin enough to keep pushing the price up so quickly. 

Can someone please explain to me where the money would come from?  Even if India gets on board ... how the heck will their participation affect price? 
Its not like a bunch of people in India can start blowing money on $5,000 Bitcoins .

Can someone explain to me why people here think a rise from $1,000 to $10,000 could even happen at all, let alone quickly?