Looks like an opportunity to make your own shop  |
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There's been too many threads about these news lately. Yes, we're going to the Moon, and Mars, and Jupiter.
So already book flights or wait a bit  Only costs 1 bitcoin next year  |
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If the purpose is simply to give the company bitcoins, I would think it could be recorded as a gift.
If you are talking about transferring the mining operation to the company, then some sort of start-up loan seems more appropriate (enabling the company to buy the assets).
This seems very logical. |
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If not for the good news about PayPal and eBay, this would be one of the most boring weeks in Bitcoin's history Yup. Somewhat of an anti-climax |
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The question isn't "Is Bitcoin ready for the mainstream?". The question is: "Is the mainstream ready for Bitcoin?"
When it does start taking off many companies will jump on the bandwagon to profit from the rush. This year might be that year. Things are moving faster and faster.
Yep. Much faster than I expected. The way I see it is eBay will accept it first. Amazon will make a surprise announcement 1 moth later saying that they are accepting it, then companies all over the world will accept it in a huge rush like falling dominoes |
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They have, people who bought gold before the year 2005 and hodled it did made a huge profit as shown below:  And it will happen again, with what commodity or with which coin, hard to say but it is going to happen. And govt can't do anything about it. Likewise with the stock market, either buying in the financial crisis or after WW2 |
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Hello whales. I see have not even begun trading yet this past month (not on exchanges at least) because this is all a manipulated house of cards with no real support. At what point are you going to make the first 50k btc dump?
Some things never change |
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Ebay and Apple change their minds about bitcoin in the same week Amazon are you watching this? |
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Today's developments simply confirm that the only trading decision you should be making is whether to buy more or hold.
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eBay announced to accept Bitcoin so many times
nothing happened
just another pump
When have they announced it before? This ain't like China banning bitcoin every week. |
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10/21 EMA has crossed! Weekly MACD set to cross up! Full Moon in 7 days! You think Full Moon is irrelevant? Go and look at the Bitcoin chart history and see what Bitcoin generally does around the time of a Full Moon!
Bitcoin is wildy overextended at the moment, yet their are participants in the market who seem intent to keep Bitcoin supported within the 23% Fib retracement zone from the foot of the $420-$680 rise. Fearing a strong correction, I have been dipping in and out of the market since the $680 top, sometimes winning, but mostly just pissing all over my leg and my shoes. Therefore, I have taken what I have left in my Bitstamp account, turned it into Bitcoin @$660, and transferred it to an offline wallet where I can't do anything rash or stupid first time I see any signs of a negative indicator or divergence on the chart.
I speculate that with the alignment of the above long term indicators, that deep pocketed whales are going to ensure that Bitcoin receives a hefty ramp, perhaps instigating another manic rush into Bitcoin. The history is there. Everyone has seen what has happened 3 times before. When they see it happening again, what kind of gains are going to be in peoples imaginations? $2K? $5K? $10K?
MatTheCat has just went from cautiously bullish (which meant taking profits and trying to catch pull backs and invariably being left chasing the market), to full on bullish. I am a shit trader, so it wouldn't surprise me that now that my patience has broke and I have went long term long at $660, if Bitcoin pulled back to the $580 range where I had my buy-ins lined up, however, longer term, the only way is up here, and up a whole damn lot..............or am I the ultimate contrarian indicator when I turn bullish?
We will either have a big rally soon or a small one that will act as a launch platform for the biggest rally we have ever seen later this year. Either way, now is not a time to be selling or shorting  |
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PANIC BUYING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into There was one wall street guy that invested in BTC not too long ago, just before Gox made it's exit, that was around the time when BTC was $700, now he was some young upstart "bringing btc to wall street" I think he brought about $10M to the btc table. Bet he's in rehab and wall street still hasn't stopped laughing at him yet. The wiz kids of crypto will clean wall street out just for the fun of it. Wall Street is not likely to deal with decentralized anything, if they can't control it, and can't control those who control it they want nothing to do with it. Does it need to be centralized to be controlled though? Whales are controlling bitcoin markets right now, for instance. |
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This is just a snapshot perspective. The reality is that if a price crash were to happen, huge buy walls would quickly be established by bulls
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Agreed with the main message, Bitpay is actually the strongest fundamental I know of. But as others said it needs to scale and it isn't proven yet. Bitpay may also have some hidden costs or risks that they have just been lucky to avoid so far.
Agreed as well. Bitpay is arguably one of the strongest fundamental we have. And 'will the network scale?' is the biggest open question right now. I'm betting it will. The need for proof-of-work and confirmation time are in some sense an overhead when compared to centralized systems, but not to the point where I see the decentralized system, when coded and run by some pretty competent engineers, incapable to scale to the size of the centralized system. Reminds me a bit of the old 'commercial' vs 'open source' software debate. Consumer market aside, there are areas (servers) where OSS is simply the de facto standard. In other words: it scaled well. I can absolutely see the same thing happening for Bitcoin. I know that BitPay is bigger, but why isn't CoinBase such a big fundamental? Does BitPay provide a better service? |
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I can see the headlines now: 'Bitcoin funds al qaeda'
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any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into |
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woah. patterns everywhere  Very bullish indicator if you ask me |
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bitstamp is going to sleep? very very low volume zzzZZZ I think 650 is the new $450. Maybe we are hovering around that for another 4 weeks and than go to $850. I am honest. I'd be ok with this Looks like things are being set-up for a mega bubble towards the end of this year. I think we will be flatish for several months then things will go crazy and reach over $5k |
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I am upscaling my consultancy services into a full-service marketing agency, which will be launched on the 9th June. I am on the look out for an animator and front-end developer. I pay well and others who have worked with me on here have said I am a nice guy to work with! If you are interested, please PM or post examples of stuff you have done. Many thanks, Josh |
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