You need to remember that this is only revenue. Apple still needs to pay for infrastructure to have the songs delivered to consumers. This is more then a one time download per song as consumers can essentially download unlimited times after buying a song. They also need to pay for things like credit card fees based on their top line (total sales) but is likely paid for entirely out of the 30% margin
So if Apple adopts Bitcoin, it can save money. They do link your name, credit card details, etc to your account. People would be making specific transactions with bitcoins. That is a disadvantage from their point of view. |
|
|
|
|
70 BTC?
That is a lot of money.
|
|
|
|
Just hang on until the next halving
Still quite some time away.  |
|
|
|
|
Sub $400 or $415....
Does it really make a difference to whether you should buy bitcoins or not?
|
|
|
|
no worries mate check back in a year's time. You'll be grinning from ear to ear  Assuming that there is going to be no panic sale. |
|
|
|
Nah. It will go down again in a few days. We will at least touch 299 before this is over.
Will this ever be over? |
|
|
|
Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
Haha, you just showed you know nothing about bitcoin and are a troll Not with bitcoin protocol but were trading is done like stock exchange or commodity exchange feature, there is always a game plan for price fall. Day traders must have made some money with all this volatility. |
|
|
|
Don't try to kill bitcoins. You can not do it. |
|
|
|
|
Depends on jurisdiction as well.
Where I stay, converting one asset into another is equivalent to a sale, and attracts capital gains tax.
|
|
|
|
Has anyone made a comfortable living only investing in crypto trends? I hope nobody does. For the sake of bitcoin, it must not be seen as a successful currency for speculators. Maybe not for speculators. It could be still seen as a success story for early adopters. |
|
|
|
Will probably get people used to paying without physical credit cards. Then these newbies can shift to bitcoins for lower transaction fees.  |
|
|
|
Why is it that many of the people here wants dollar dead?
Because that is very good for bitcoin? maybe 40% of the bitcoin users wants to incash their btc. Why do they want it to be dead? They would exchange it for real goods & services, not necessarily fiat. |
|
|
|
The demand supply imbalance seems to have tilted towards excess supply now.  |
|
|
|
We aren't going up slowly, and definitely not steadily. |
|
|
|
The Winklevoss Bitcoin ETF is set to go online at the end of 2014.
Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all. I heard the ETF would not be approved, it would be shot down by the commission FUD! This is a personal thing for the Winklevoss, "Bitcoin will be bigger than Facebook". They will do whatever is necessary to get the ETF approved! Agree. There don't seem to be reasons for the commission to reject the ETF. They have been sitting on it for quite some time now, though. |
|
|
|
$718. |
|
|
|
because arbitrage between exchanges is really not easy. |
|
|
|
How do bankers determine if a particular loan is a good risk to take? They need to evaluate the borrower's income and repayment history and assets to see if the borrower is an appropriate risk. If they are then a loan will be given, if they are not a good risk then it will not. This is not an easy job to measure this kind of risk and it takes a lot of legwork.
Yep nobody understands how risky this is and thinks banks make free money on interest. They make money by taking risk on lending. If there is a default then they also lose their money. Banks go insolvent all the time It is actually pretty uncommon for banks to go insolvent because they are generally good at measuring risks. I would say that they do no make money by taking risks on lending, they make money by taking good risks on lending. It's really not that uncommon.  Merger of banks does not happen only because of insolvency. |
|
|
|
To clarify what supply is - this is somewhat confused because we talk about the M0 supply, the 13 million coins as supply.
Supply in the sense of a market, where the supply (with demand) results in a certain price, the supply is the coins that are on offer on the market at different volume an price pairs. It is not enough to want to sell, you actually have to offer them on the market, to make them a part of the supply.
Edit: So the bitcoin supply is like the ask curves of the exchanges and all corresponding ask curves off exchanges, aggregated.
I would also add that the bitcoins which are ready to spent (in exchange for goods or services) would also form part of the supply. |
|
|
|
|
Show Posts
