Ha ha. Me too. It would a least be nice too test the wall and see if that was the case.

Also I think there is a bit too much anonymity for large players in the market. Currently there is no way to tell if a player is buying/selling his own coins (using different accounts). If this has become common practice it is really bad and no one benefits from it. If large players were forced to display a trader identification code that would provide a way to recognize moves of individual large players. It could also help to identify when these large volume events are legit.

when the ipad was announced:

everyone: "what do i need that for? lol"

six months later everyone had one, or at least a tablet of some sort.

I haven't caught up to the thread yet, but I just wanted to say

Welcome to the best thread in the universe (of bitcointalk.org)


Bitcoin is not easy enough for regular people, like iPhone users and such.

I think bitcoin's place is in the background, just like regular people are never going to understands how packets are routed, regular people are never gonna really understand bitcoin.

They need a slick app that makes things easy. Apple and visa are announcing such an app tomorrow apparently, pay pal is just trying to steal some thunder.

Might take a few months, but don't get discouraged, personally I am buying the 500 CAD level every time it gets hit on virtex, with whatever I can afford. New fiat won't be available till the end of the month, I doubt the price will be this affordable by then.

This is not investment advice.

Forget the price for a moment.  Daily and weekly price movements are noise.  Everyone who cries about companies adopting btc because it puts pressure on the price needs to get a brain that thinks more than a week in advance.

The big picture is that the future of bitcoin is adoption and usage by more and more people.  Dell, Global Payments, PayPal, etc, are all steps forward in usage.  Remittance actually works in the Philippines, at a total cost of 2% (buying, transmitting, selling, dumping cash into bank account), and other countries will follow.  None of these will have a huge short term impact on price.  But they are necessary and huge successes in the long term, and should be priced in as major stepping stones forward.

The next step is store of value, taking on the tax haven money and gold bugs.  These will have a much larger effect on price, but require more stability in price.

If you only care about the price in 6 months, hate on PayPal adoption.  If you care about the price in 2 years, cheer for PayPal adoption.  More usage, more adoption, demands a higher market cap in the future.