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161  Economy / Speculation / Re: Microsoft does NOT accept Bitcoin! on: December 11, 2014, 12:07:32 PM
Microsoft does not hold any bitcoins you pay to bitpay company

How do you know that?

From the history of passed years

Ehh... Ok. Didn't know they accepted bitcoin earlier.
162  Economy / Speculation / Re: Microsoft does NOT accept Bitcoin! on: December 11, 2014, 11:53:35 AM
Microsoft does not hold any bitcoins you pay to bitpay company

How do you know that?
163  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 11:26:19 AM
A great news for the bitcoin  technology  : Reddit about to fully integrate bitcoin!

Didnt they want to create their own crypto?

I don't know but this is  his reply :

"It's definitely long-term. Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous.
Our focus right now is on the digital asset. Announcements forthcoming."

Source: https://np.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmral8p

Take a look here: https://bitcointalk.org/index.php?topic=68655.msg9802327#msg9802327
164  Economy / Speculation / Re: Who do you think should be the fool to buy Bitcoin from you for 1000$+? on: December 10, 2014, 04:06:35 PM
I still don't know who's buying btc for 2k$ , 5k$, 10k$

People who don't understand Bitcoin today.
165  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: December 10, 2014, 03:27:20 PM
"This summer" is already gone. Did they open that bitcoin exchange?

No.

The Winkles presented a talk at the Money 20/20 conference recently.  Did you see the reviews?

Yes, it was a bad presentation.

And I sill would like to know whether that alleged letter from the SEC to SMBIT indeed exists, and what it says.

Me too. This is the latest tweets from Barry regarding the BIT:

https://twitter.com/barrysilbert/status/530175117939056640
https://twitter.com/barrysilbert/status/532381475900227584
166  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: December 10, 2014, 11:35:20 AM
EDIT: Do you have a source for that claim about Barry looking at OTCMarket?

http://www.coindesk.com/secondmarket-ceo-barry-silbert-talks-big-picture-vision-bitcoin-investment-trust/

http://www.wsj.com/articles/with-a-bitcoin-etf-risk-isn-t-virtual-1410120108
(Search google for the link, and you'll be able to read the whole article.)
167  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: December 10, 2014, 02:54:08 AM
Investing in bitcoin is like jumping over a cliff in a foggy night, without seeing the other margin.  It cannot be a rational decision, only a statement of blind faith, that only fools would do.

LOL
168  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: December 10, 2014, 02:24:49 AM
Barry is working to get the BIT listed here: http://www.otcmarkets.com/marketplaces/otcqx

Barry will deliver and I expect it to happen soon. And when it happens... To the moon  Cheesy
169  Bitcoin / Armory / Re: Cannot send coins - Bitcoin-Qt has disconnected on: December 07, 2014, 01:15:57 PM
If you need to send the transaction before you get help, you can try to copy the transaction (the button "Copy Final Tx (Hex)") and paste it here: https://blockchain.info/en/pushtx
170  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 06, 2014, 08:56:17 PM

I guess you need to follow him on Twitter.
171  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2014, 01:39:41 AM
7th week in a row with record volume on LocalBitcoins RUB. I like it  Cheesy

http://bitcoincharts.com/charts/localbtcRUB#igWeeklyztgSzm1g10zm2g25zvzcv
172  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 05, 2014, 08:35:19 PM


Places where Bitcoin use should be expanded.
For the health and welfare of the people.

There is a challenge, it is unlikely that any of the nations on that list have mined a lot of Bitcoins.
So there are very few ways Bitcoin can find there way there. it is likely most of those on the list have very stringent exchange controls so buying Bitcoin to import is difficult.

Quite a few have cheep energy cost, so mining could be a viable way to export cheep subsidized electricity. (I've glanced at Ukraine and suspect while bitcoin is readily available its probably very expensive when sold at one of over 4000 ATM's, and some one has taken advantage of the there highly subsidized electricity - GHash.io possibly paying as low as $0.026 US per kWh )

As for the majority though energy costs are relatively high given the cost of living so entrepreneurs might find it more practical to find a commodity to export in-order to earn Bitcoin. (ie they are going to be slow to adopt) Surprisingly Canada electricity cost in comparison with cost of living is surprisingly cheep.

Just looking at these numbers there are some great opportunities, Egypt stands out, if you could come up with a decentralized mining solution that substituted for some existing electric heating application, you could employ a nation wide distributed mining farm for just pennies per kWh.  

Tourism

nice, that's a good one, it has a few drawbacks to over come, Virgin loosing a pilot defiantly put a dampener on space tourism, and I think Ebola is working to minimize the will to sit in confined spaces and travel to Africa.

One needs to catch people - get them to book - when they are feeling rich, so boom bust cycles for tourism may coincide with Bitcoin growth spurts, (bitcoin may prove to be a little unstable as a SoV over there if 3rd world tourist destinations are buying at the tops.)

According to coinmap.org there are 130 places which take bitcoin in Buenos Aires. Argentina had 5.28 million visitors in 2010 according to Wikipedia. If everyone left some bits there...

And we have BitPagos Smiley

https://www.bitpagos.com/en/
173  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 05, 2014, 07:28:00 PM


Places where Bitcoin use should be expanded.
For the health and welfare of the people.

There is a challenge, it is unlikely that any of the nations on that list have mined a lot of Bitcoins.
So there are very few ways Bitcoin can find there way there. it is likely most of those on the list have very stringent exchange controls so buying Bitcoin to import is difficult.

Quite a few have cheep energy cost, so mining could be a viable way to export cheep subsidized electricity. (I've glanced at Ukraine and suspect while bitcoin is readily available its probably very expensive when sold at one of over 4000 ATM's, and some one has taken advantage of the there highly subsidized electricity - GHash.io possibly paying as low as $0.026 US per kWh )

As for the majority though energy costs are relatively high given the cost of living so entrepreneurs might find it more practical to find a commodity to export in-order to earn Bitcoin. (ie they are going to be slow to adopt) Surprisingly Canada electricity cost in comparison with cost of living is surprisingly cheep.

Just looking at these numbers there are some great opportunities, Egypt stands out, if you could come up with a decentralized mining solution that substituted for some existing electric heating application, you could employ a nation wide distributed mining farm for just pennies per kWh.  

Tourism
174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 05:30:54 PM
Why not buy a coin yourself, instead of demanding the winkelvi buy up all the coins not being hodled already.

I switched long short-term (with a narrow stop, though, as this could get pretty going up or ugly going down). Anyhow, if the Winklevii were to buy all of the bitcoins right now that would be beneficial to my position.

Anyhow, I posted it because I legitimately wonder. Also, so many people are posting that this guy or that guy seems very confident... well, there are some high profile Bitcoiners who are not so confident. So, mixed signal at best.

If they weren't confident, they should sell. They already have had a 37x increase. Diversification is wise, but they keep holding Smiley
175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 05:23:37 PM
Question... The Winklevoss twins say that Bicoins will be worth greater than $100,000... but they decided not to bid on coins they could arguably get below market. Why?


Why buy now? Wait 1 - 2 months and buy then at much lower prices and with little slippage due to huge volume.

Well, that's the point. They are as locked in as anybody... and they aren't even willing to throw out a spitball, low bid on this.

They bought at $10. If they wanted more, they would have bought more then.

PS: Tim Draper came late to the party. He is trying to buy again.

But they said $100,000... so below $400 is certainly a bargain... and likely below $350 and even a $250 to $300 bid is within the range of possibilities. Are they just bad at math and opposed to 300x profits?

Why don't you short more if you know the price will go down? Are you bad at math?
176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 05:14:58 PM
Question... The Winklevoss twins say that Bicoins will be worth greater than $100,000... but they decided not to bid on coins they could arguably get below market. Why?


Why buy now? Wait 1 - 2 months and buy then at much lower prices and with little slippage due to huge volume.

Well, that's the point. They are as locked in as anybody... and they aren't even willing to throw out a spitball, low bid on this.

They bought at $10. If they wanted more, they would have bought more then.

PS: Tim Draper came late to the party. He is trying to buy again.
177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 05:09:51 PM
Question... The Winklevoss twins say that Bicoins will be worth greater than $100,000... but they decided not to bid on coins they could arguably get below market. Why?



Because they already own 100k+. They don't need more to become very, very rich.
178  Economy / Speculation / Re: Interest in Bitcoin is declining on: December 05, 2014, 03:42:54 PM
Number of transactions:
https://blockchain.info/charts/n-transactions?showDataPoints=false&timespan=all&show_header=true&daysAverageString=7&scale=0&address=

LocalBitcoins USD:
http://bitcoincharts.com/charts/localbtcUSD#igWeeklyztgSzm1g10zm2g25zvzcv

LocalBitcoins EUR:
http://bitcoincharts.com/charts/localbtcEUR#igWeeklyztgSzm1g10zm2g25zvzcv

LocalBitcoins RUB:
http://bitcoincharts.com/charts/localbtcRUB#igWeeklyztgSzm1g10zm2g25zvzcv

Interest declining? NO!
179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 05, 2014, 02:44:08 PM

Quote
Bids received - 104
BTC quantity bid - 124,127

ähhh...what? i dont get it...somebody care to explain?


Barry Silbert / Secondmarket collected 104 bids for a total of 124,127 coins. They merged the bids and made new bids for the 50,000 bitcoins on the auction.
180  Economy / Speculation / Re: The new bearwhale: US Marshals on: December 05, 2014, 02:30:40 PM
Barry Silbert:

Quote
Results of our US Marshals bitcoin syndicate:
 
Bids received - 104
BTC quantity bid - 124,127
 
Winners notified by USMS today

https://twitter.com/barrysilbert/status/540865242801405952

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