i offer to translate into German unless its hundreds of pages :-)
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on the other hand, unless he has not read any of this thread, he should reply here and say what the truth is.
If he doesn't it's scary.
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Financial services!
There are many small financial advisors / analysts who issue daily / weekly / monthly newsletters who want to sell this to retail investors. I am not talking big institutions but "1-man show" type of businesses.
I think they could accept bitcoins to grow their business.
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this is fantastic. thanks so much
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Agree 100%.
We need to use this advantage rigorously. The more we slow down the more likely someone will overtake us.
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should we all have a drink together, say cheers and the focus more on making BITCOIn bigger vs. endless debates of what it is?
sorry for that "nasty' comment, but I feel we could bundle our energies vs. debating forever (I am sure apple people could have debated decades on how to call the IPad or iPhone or mac or whatever)
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I think bitcoinmarket is dying and mtgox is the market leader
It seems to continue to manage some transaction volume, so there is a consistent level of interest over time. Lower activity than mtgox, certainly. [/quote] That's correct, but the spread is terrible on bitcoinmarket vs. mtgox bitcoinmarket: spread 2.5% to 5.0% mtgox: spread 0.3% to 0.8%
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SATOSHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII why don't you comment? We are soooooooooooooooooooooooo curious!
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you can also sell your LR and pecunix vs. USD and then buy BTC with USD on mtgox, at very low spreads and no transaction fees.
I think bitcoinmarket is dying and mtgox is the market leader
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Why not bitcoin.
If the bitcoin developers and this very community here continues to develop it further, without any compleceny, BTC will always keep the first mover advantage. Gillette was the first proper razo in most countries and still it dominant market leader, despite all the competive pressure.
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Agree, if psychology and confidence in bitcoins would still be good during this crash, traders and BTC investors would step in big time and buy at cheap prices, similar to the May 6 flash crahs
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--> foreeverdamaged You are right that with 1 million bitcoins the market would crash, but to do that, he would get less than 0.02 for his remaining 960,000 bitcoins and for most of them even less..
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if more people buy bitcoins than sell them, .... YES
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that can mean a couple of things: * someone or many people are just sending / receiving a lot of BTC * folks are sending them to mtgox and selling (evidence is that price dropped significantly the last 48 hours) http://mtgox.com/trade/history
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I may disagree with silverman
Silverman: can you be more specific about what your success criteria are for a "great bitcoin product"?
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what could be the reason behind this? More than 10% of total bitcoins are exchanged / sent or received over the past 24h hours
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this is a very good discussion but I am just wondering if we should discuss this publicly in such a public forum
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Well, to buy stuff with bitcoins, you first have to own some bitcoins, right ?
I don't have any powerful hardware, but I have some cash, so I buy bitcoins until I find something that I'd like to buy with them.
That's exactly my point. THE AVERAGE PERSON WILL NEVER GENERATE BITCOINS. THEREFORE, IF WE WANT TO MAKE BTC WIDESPREAD, WE NEED TO VERY EASILY ENABLE 'JOHN AND MARIA AVERAGE' TO BUY BTC. TO DO THAT WE NEED TO I) BOOST BTC AWARENESS II) COMMUNICATE THE BENEFITS (WHATS IN FOR THEM? IN SIMPLE LANGUAGE) + CREATE ENOUGH ATTRACTIVE OFFERS (I.E. GIVING THEM A TRIAL PROMOTION THE FIRST TIME THEY START IT) III) DRASTICALLY SIMPLIFY THE BTC BUYING PROCESS (possible also including an attractive first buy offer, i.e. 10% price reduction for first 1000 BTC bought).
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That's right, there is a chart. But volume is missing for example.
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