Oh really? A pizza sold for 10000 Bitcoins? That guy must be rolling in it now.
Lol unfortunately neither party, buyer or seller of pizza is rolling in it now. Bitcoin's price at the time was in the penny range, so I doubt either have that stashed away right now.
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Speaking on Bloomberg TV’s show “The Pulse” about mobile payment security PayPal CEO David Marcus admitted his company has given Bitcoin a lot of thought lately. - Read full article HEREI don't get this. Didn't they officially announce that they are accepting Bitcoin already? I remember saying it on a paypal youtube advert. They've partnered with Braintree and Coinbase for Bitcoin payment processing, but they don't do Bitcoin first party yet. I could of sworn that they owned BrainTree. You're right, they acquired Braintree, they partnered with Coinbase and GoCoin for Bitcoin processing: http://www.forbes.com/sites/ryanmac/2014/09/23/paypal-takes-small-step-toward-bitcoin-partners-with-cryptocurrency-processors/
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Speaking on Bloomberg TV’s show “The Pulse” about mobile payment security PayPal CEO David Marcus admitted his company has given Bitcoin a lot of thought lately. - Read full article HEREI don't get this. Didn't they officially announce that they are accepting Bitcoin already? I remember saying it on a paypal youtube advert. They've partnered with Braintree and Coinbase for Bitcoin payment processing, but they don't do Bitcoin first party yet.
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I would buy Bitcoin because....it allows you the opportunity to be your own bank! No ARMS, no fixed rate mortgages, no interest, no hidden fees, no defaults, no bankruptsy, no turning down of loans, no bailouts, no politics, no bureaucracy, no 1%er's...it's really all on you! Power to the people... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcoinabul.com%2Fimages%2Fbitcoinbankflyer1.png&t=664&c=X1gXhCIJLr3vDg)
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What in the name of fuck...
You shorted at $253? [im]#getshreked[/img] I bought at $263 earlier and was thinking of selling at 253 after seeing the train in flames, but then i took a pause. Returned and now $264... My mission is to multiply my beanie babies, not selling them low. In the end I want as many dollars/euros as possible to end up in my bank account, because sooner or later this beta trashcoin will lose its pizzazz. Actually, Facebook Pay accelerated that process even more. Facebook Pay, the death of Bitcoin.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FCAeiZi7XEAA_rFK.png&t=664&c=gkJbvUq_ZKiS3Q) Ehh...I take that back! Fuck Facebook Pay. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Totally agree with you 1000%. Bitcoin stumbled way too much in this long 6 years of existence. In fact here's what Altcoin developers from Maidsafe had to say about Bitcoin's troubles: https://www.youtube.com/watch?v=cIasr2AiyZ0Very funny. Except MaidSafe was already in the works before Bitcoin was released. So SafeCoin will hardly be an "altcoin". It's not an alternative, it's a new paradigm. You're right, you're right. It's new paradigm for a new age. Viva la Maidsafe!!! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmedia.coindesk.com%2F2014%2F03%2FBi5LeFsCcAAnvZc.jpg&t=664&c=F34zhw9xzy4iiw)
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It's $250 a coin man, what's there to think of? BUY THE COINS PERIOD! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) You mine for like a year with old ass antiquated miners like Antminers or Dragons or Rockminers etc....you're just wasting your money unless you do it farm style. IF you say you have free electricity, you first have to find out what's the max power capacity of "free". Nothing is completely free, or there's a probable limit or cap to what's considered free in your case. I mean if your budget is say $2500, just buy 10 BTC's. You'll never mine back 10 BTC's no matter what miner you buy...
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I think Bitcoin will be surpassed by a better digital currency somewhere in the coming years. It's head start and network effect will be too small to be immune from a significantly superior competitor.
Totally agree with you 1000%. Bitcoin stumbled way too much in this long 6 years of existence. In fact here's what Altcoin developers from Maidsafe had to say about Bitcoin's troubles: https://www.youtube.com/watch?v=cIasr2AiyZ0
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I like 50 SHAdes of Bitcoin better.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FB-Hrg6QCEAAXlG-.jpg&t=664&c=J8PqGRks58NRyg)
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Don't take those news seriously guyz. They're just "Rumours" to speculate markets...
IBM and Intel never revealed that they're working on a Bitcoin-like tech.
Any tech company can hire cryptoghrapy expert on any time. It can't be releated with bitcoin for sure.
LOL come on man, open your eyes! https://intel.taleo.net/careersection/10000/jobdetail.ftl?job=756189Job Description Cryptographic Researcher - 756189 Description Job Description: Digital currencies like Bitcoin have captured the imagination of the press. Related startups are generating a great deal of VC interest and investment because of the potential significance of any disruption of the financial payment industry. Its fundamental technical innovation is the decentralized transaction ledger called the 'block-chain'. It allows bitcoin to prevent double-spending of currency by recording all transactions in an open ledger without the need for a central authority. Such a distributed, public, secure, peer-to-peer transaction record enables not just the exchange of bitcoins but many secondary uses that the research and startup community are exploring such as digital marketplaces.
The Special Innovation Projects group within Intel Labs is looking for a researcher to investigate hardware and software capabilities that advance the performance, robustness, and scalability of open, decentralized ledgers. Working with a team of distributed systems, operating systems, and security technologists, you will focus on development of cutting-edge, cryptographic algorithms for improving the robustness and assurance of transaction verification within an open, decentralized ledger. Qualifications You must possess the below minimum qualifications to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates. Experience listed below would be obtained through a combination of your school work/ classes/ research and/or relevant previous job and/or internship experiences. Minimum Qualifications: - PhD or Masters (with at least 1 year experience) in Computer Science, Computer Engineering or related field. - Technical depth in the areas of crypto algorithms, access control models and security/privacy protocols. - Proficiency developing System & Application SW. - Good communication and interpersonal skills.
Preferred Qualifications: - Familiarity with relevant security and cryptographic standards. Job Category: Engineering Primary Location: USA-Oregon, Hillsboro Full/Part Time: Full Time Job Type: College Graduate Regular/Temporary: Regular Posting Date: Feb 26, 2015 Apply Before: May 28, 2015 Business Group Intel Labs is the company's world-class, industry leading research organization, responsible for driving Intel's technology pipeline and creating new opportunities. The mission of Intel Labs is to deliver breakthrough technologies to fuel Intel's growth. This includes identifying and exploring compelling new technologies and high risk opportunities ahead of business unit investment and demonstrating first-to-market technologies and innovative new usages for computing technology. Intel Labs engages the leading thinkers in academia and industry in addition to partnering closely with Intel business units. Posting Statement: Intel prohibits discrimination based on race, color, religion, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation or any other legally protected status. If you or I were to read that without any press clippings, the first thing that springs to mind is Bitcoin.
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You can actually look at the chart and see what Pedrog said is true. Oil all time: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2F8%2F82%2FCrude_oil_prices_since_1861_%28log%29.png&t=664&c=nO7ycgWnhWCa3Q) Bitcoin all time: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7sLMcgo.png&t=664&c=TyPChTM7qZw1SQ) If you see Oil's first few decades you can see the price is all over the place. Think about this for a minute. Bitcoin is only 6 years old, and Oil has centuries of history. Bitcoin needs time to grow and be adopted. This is why it's volatile, it's only a handful of years in and basically a few million users only. Everyone in the world uses oil. Think about that in regards to price and stability.
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Think of Bitcoin being a 2 person raft in the middle of the Pacific Ocean, and the current economic and monetary system as a huge ocean liner or aircraft carrier that can't even feel a wave hit them. That's where we're currently at with Bitcoin. Wild price swings and lots of volatility. Once we get more merchant adoption, more investing, more development, more consumers and people using it, the raft or boat will get bigger and bigger. Once we're at Ocean Liner status you'll see only mild price fluctuations and wild celebrating. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.xclusivetouch.co.uk%2Fwp-content%2Fuploads%2F2014%2F04%2Fleonardo-dicaprio-leo-wolf-of-wall-street-boat-party-gif.gif&t=664&c=hGpPmahgs9zFCw)
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Ain't nuthin' but a BTC thing Baybeh! Two Hash'ed out N#ggas so we're crazy Crypto is the label that pays me Decentralized, so please don't try to fade this http://www.pymnts.com/news/2015/intel-joins-blockchain-technology-race/#.VQrjd47F9pUIntel has joined IBM in the blockchain technology race. While IBM may be looking into using the blockchain to create its own digital currency payment system, chipmaker Intel is reportedly looking to build a special team around the blockchain to see where it could harness the power behind bitcoin’s technology. Intel is advertising for a cryptographic researcher position to work on the ledger side of the tech.
The blockchain is the distribution ledger that records a bitcoin transaction over the exchange network, which runs the bitcoin software. The blockchain allows for money to be transferred using the blockchain technology, which cuts out the middle man (like a bank) when getting the funds transferred — cutting down on the time and money it costs to send that money from one network to another.
According to Intel’s job post, here is what Intel has to say about monetizing the bitcoin technology: “Digital currencies like Bitcoin have captured the imagination of the press. Related startups are generating a great deal of VC interest and investment because of the potential significance of any disruption of the financial payment industry.”
The job would be with Intel Labs’ Special Innovation Projects group and would involve investigating “hardware and software capabilities that advance the performance, robustness, and scalability of open, decentralized ledgers.” The post even goes on to explain how the blockchain tech works, including the benefits of using it on digital marketplaces.
“Its fundamental technical innovation is the decentralized transaction ledger called the ‘block-chain.’ It allows bitcoin to prevent double-spending of currency by recording all transactions in an open ledger without the need for a central authority. Such a distributed, public, secure, peer-to-peer transaction record enables not just the exchange of bitcoins but many secondary uses that the research and startup community are exploring such as digital marketplaces.” Can't wait until Blockchain tech in almost every computing device...sh#t's gonna get real, real soon!
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I have downloaded this game like at the beginning of this year. It has got me highly attached to my phone. There are a lot of references to the Forum actually. If you are able to Unlock the "Dog" as for your Room's environment,Your avatar makes a Reference to CanaryInTheMine. I can't remember what the statement was but I remember the last few words, being "Take that Canaries!". I am almost finished the game. I am close to finishing all the challenges. I just need to buy a few more Time Machines. It's a very decent and addicting game. I suggest you play it. Hahaha, I play a little bit when I get a few minutes! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Haven't come close to beating it or getting far, I think I I'm still in the beginning stages. I think I just purchased some energy drink companies and bought an arcade machine, so I'm sure I got a long ways to go.
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The most important question a business owner(especially small business owners) would ask is how can Bitcoin be profitable to me over credit cards processing? http://credit-card-processing-review.toptenreviews.com/?cmpid=ttr-bndEliminating the per transaction fee, monthly and annual, and % cut credit card companies take is huge for a small business owner's bottom line.
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Really good in theory, but I think it'll be bad in execution. http://www.newsbtc.com/2015/03/16/fitcoin-an-app-that-pays-you-bitcoin-payments-for-working-out/During the app demonstration, developer Grant Nicol tried the workout and raised his heart rate to 115 beats per minute. With roughly 3 minutes and 40 seconds into the workout, he was able to generate 5 cents in equivalent bitcoin payments. I mean we should all be working out regardless of financial incentive, but have you seen the people it's targeted at?!! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser5%2Fimageroot%2F2014%2F02%2Fparents-basement.jpg&t=664&c=2vh0_Nn9LZd8uQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FT6uUsxl.png&t=664&c=DIv8_EZnuXzFTA) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmemecrunch.com%2Fmeme%2F1FGLI%2Fbitcoin%2Fimage.jpg&t=664&c=kbkGFDsxlmcfqw) Do you honestly think these guys are going to sustain 115 BPM heart rate for 4 minutes to generate $0.05 of Bitcoin? They'd rather go to faucets for 24 hours to achieve that! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Today was not a good day for miners or those holding.
At losing around 30 dollars each it was a better day for buyers then miners.
Definitely not a good day at all for earning Bitcoin, anyway you slice it. Although, we all want to stand on it's own two feet, for now we still put a numerical value on what 1 Bitcoin is. In theory, we want to say 1 Bitcoin is 1 Bitcoin, but until that day happens, we have to place a price tag based on the existing monetary system. Miners, I can't even see anyone really, profiting at this extremely low Bitcoin price, especially factoring in the hosting/cooling/electrical costs. Only positive like you mentioned, is it's cheaper buy in now then it was a couple days ago. HODLER's, as long as you never sell out, will never lose anything when these dips and crashes happen, so keep doing what you doing.
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It's a leveling and trust system similar to any other service which requires continued use. Think of it like Coinbase, when you have to reach different levels or tiers, before you can unlock larger daily spending amounts. For Purse, you start out at 8 %, shortly after your discounts will increase and increase over time. It's to deter the "hit it and quit it" types and potential scammers, that'll use it once and leave.
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