^ Nah, they seem to enjoy being dumb permabulls. They congratulate each other for hodling when the price tanks--it's some weird masochistic/humiliation kink...  |
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Not sure I understand. Are you saying that there are wallets developed for feature phones, or do you mean using a web wallet? I don't know much anything about mobile dev. stuff. |
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Gentlemen?  |
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^heading down nao  |
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dumps on Microsoft news, seems so bizarre-o world to me.
Accept the fact that Bitcoin is a purely speculative commodity, and you'll understand. |
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^Explain? Do you mean phones not capable of running 3rd party software, or?
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^
Mate, you're delusional. This is all obvious stuff that's known to every 13yr-old, and the local lunatic fringe chooses to ignore 'coz it don't jive with their "I's techno vizhunary & guna b rich!" fantasies.
@inca: I posted data regarding the way things are now. Get back to me in 5 years, then we'll talk.
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Billions of poor uneducated people in China but they are the minority trading Bitcoin.
Education is no longer a ticket to class mobility. In China you can be an illegal immigrant if you move to a larger city. Many millions are. Try banking without registration. But they almost uniformly have cell phones. Sure, though not smart phones:  If you were to guess, which third do you think owns those smart phones--the unbanked poor? |
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...
I think a lot of parents would be more comfortable with their children filling up their microsoft account with bitcoin than giving them access to moms or dads credit/debit card.
There's a more conventional solution:  |
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Bitcoin is poised ..
It's not that bad...  |
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^
Who said anything about cartels? This forum's mostly the liber lunatic fringe--poor, paranoid, ignorant, daddy issues with the government.
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No bro, IRL I'm a door-to-door Bitcoin salesman. I hope I'm not intruding, but have you considered investing in BTCeanie BTCabies I mean Bitcoin?  |
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^Your mind has finally snapped? What is that nonsense that you just did? Some sort of interwebs temper tantrum? On a more somber and self-critical note, wtf was I hoping for, trying to teach you to think? Shoulda started with a cabbage, woulda had better luck  |
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That could work for those with cash. ...
So we can forget about that Bitcoin ATM, huh? K. We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online. That's pretty specific. How many do you suppose that is? |
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blablabla
credit card is far from secure. Everyone I know or have their credit card cloned or knows someone that had their credit card cloned. And when it happens is a pain in the ass to undo all the damage done. And I don't know how things are in Lambchop's country, but here national transfers are not instant(they have some deadline to do it) and when not between same banks they charge a fee bigger than BTC transaction fees Since CC transactions are approximately x100,000,000 more common than BTC transactions, I'm certain you know people who had trouble with CC. I know some folks who lost a bit of BTC tho. Remember Mt.Gox? NotLambchop's current country is US, not that it matters: We are discussing INTERNAL transfers, not bank-to-bank transfers. Intra-bank transfers are always free. @hdbuck: You have a tragically short attention span, so I'll remind you what you're trying to respond to. This time, look for the red, boldface text: ... i still dont get it why paypall, WU, credit card et al refuse to implement bitcoin  all they need to buy is just few coin (maybe less than 100btc, because they will just use it internally) and use it as vehicle to move the fund securely.
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The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age. This demographic doesn't have credit cards. Bitcoin will become the defacto savings and payment method for this demographic. Cash doesn't do them any good, as they can't spend it online. Bitcoin is the answer.
Microsoft has capitalized on something big here. The under-18 demographic has no way to legally spend fiat online. Now they can spend Bitcoin. Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat. Bitcoin will grow from this. Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.
Interesting, until you think it through: BTC is not spent directly--it must be added to your MS account. BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly? finally, what's wrong with conventional way of doing things?  Your assumption that kids steal their parents credit cards to fund their activities is flawed. Many kids have cash and don't want to ask their parents every time they wish to spend it online. A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online. They won't keep it all in a Microsoft account, since that cannot be withdrawn. A simple trip to a store would get them a cash card/prepaid CC. Those can be spent in more places on and offline  Or, you know, just get xbox card. Re: "won't keep it all in a Microsoft account, since that cannot be withdrawn": They have to fund their MS account to use BTC. That's the only way MS accepts BTC. |
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It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households.
Microsoft is a US company. When Somalisoft starts accepting Bitcoin, Somali kids will be first in line. |
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The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age. This demographic doesn't have credit cards. Bitcoin will become the defacto savings and payment method for this demographic. Cash doesn't do them any good, as they can't spend it online. Bitcoin is the answer.
Microsoft has capitalized on something big here. The under-18 demographic has no way to legally spend fiat online. Now they can spend Bitcoin. Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat. Bitcoin will grow from this. Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.
Interesting, until you think it through: BTC is not spent directly--it must be added to your MS account. BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly? finally, what's wrong with conventional way of doing things? |
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Ask question
1. its faster using bitcoin 2. its cheaper using bitcoin 3. they might buy/sell bitcoin as new bussiness model 1. Internal transfers are nearly instantaneous, certainly faster than Bitcoin 2. Internal transfers are free 3. Irrelevant to security/internal use P.S: Since your third answer suggests that you've forgotten what we're talking about, here: ... i still dont get it why paypall, WU, credit card et al refuse to implement bitcoin all they need to buy is just few coin (maybe less than 100btc, because they will just use it internally) and use it as vehicle to move the fund securely. |
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