If you are paying for retail services that obviously translate into a loss. Unless you compare it with cross border transactions

Lol who cares about technology and coin spec. As long as you can get something special with your coin, that's obviously something money can't buy

First of all it is not a sign. It is a unit of measurement. And the question whether it will become official, i don't think so. The community certainly needs to agree with one voice

It's good to see that we are moving in the right direction. And we obviously need to reach to more people and brush aside the bad image

I'm sure he meant to say satoshi and not btc. But don't forget once you take out the fees, you can see the real amount that you actually made. Unless it's running on bots

The only way im going download this is if it is in google play

The more we talk on this topic, the more confusion there is. As long as the unit is understood by both parties, so what issue there is?

Can call it bad publicity but there are probably someone who still does not have any slightest idea of bitcoin will now decide to check it out

Every bitcoin address is going to be the equivalent or should i say better than swiss bank account

I believe you took the amount of payment which i supposed to get and sent it to different address. Check your tracking spreadsheet

I just wonder how does this thing gets calculated. The number of post count and payment amount do not tally.

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You might want to check and confirm your statement. 1.00000000 bitcoin = 1.00000000 XBT is misleading

That is true. I agree it is near zero if talking about risk free

I don't think number of merchants accepting bitcoin would become one of the factors that drives selling pressure. It has nothing to do with that. In order to pay in bitcoin i would have to buy bitcoin. Once the merchants accepts bitcoin they will sell it to mitigate volatility risk. In this case almost square one.

However scenario would be different if let's say,
1. Bitcoin supply is not enough for the buyers to acquire
2. Merchants decide to keep the bitcoin thus reduce available supply in market
Both scenario with more merchants taking in bitcoin means price would be going up not down

I tried to make a calculation but end up nowhere due to a number of factors. Assuming you are talking about 1 single day dump, it may be possible with 10 mil fund and use exchanger service that provides 100 times leverage. It will still be difficult to estimate as there would some buying support suddenly placed at the 100 - 200 usd support level. But maybe it would be easier if that easily triggers the margin call

I would pick gold. Reason. Everybody knows and accept gold value but not everybody acknowledges bitcoin. Is as simple as that.

Why not? If I'm a miner holding onto large stash of btc and not knowing what would happen with a rather bleak forecast, i would take the chance and diversify to buy alibaba ipo instead. One month down the road in october, I'm pretty sure I've made the right decision.

One way to overcome this is never to trust anyone. I only keep small amount in exchangers and that applies even to big reputable exchangers. No exception. If i need to trade, well just have to go through the waiting process. Opportunity might passed but at least money is safe.

Lol...usually i will just observe the transaction amount for fun of it but never came across this one before. Nice share.

Sadly that is true. Most of the altcoins use back the same bitcoin code except for a few with some tiny minny changes for the cosmetic effect coupled with some clever photoshop skill and that is that. The word innovation and technology is practically non existence. Investors get turned off as they ended up as bagholders in these coins and the game is basically who gets in first who gets out last. Eventually the bad press gets around finally very little people have whether they should move in to crypto.