We already have bitcoin p2p payments in Facebook, through Changetip. Of course, bitcoin option added to fund Facebook account would be great.
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I can give it a try.
Why not more players?
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An open source Google coin with a Google exchange supported by credit card companies will be a serious thread to bitcoin. Bitcoin will not be destroyed but less preferred as a currency medium of trade. Common users will find this Google coin more user friendly and better accepted.
That's a good point, but I don't think Google could pull this off, regulation, compliance, that coin would get destroyed in a second, and they don't need to make a new coin, they use, contribute and finance a lot of open-source projects, they can simply build on top of bitcoin.
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Another market for bitcoin, war financing, and this is a huge market... Well, it's already used to enable gun black markets in the darknet, it's just a small step for war financing, bitcoin is becoming a true currency.
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Yes, that's pretty much what free open-source software means, everyone can be a developer.
I don't know if the development process for the protocol is already defined, or if they are still debating the best strategy, but besides that, pretty much everyone, with the right skill set, can contribute.
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There were two problems that arose. The first being that my internet connection dropped out during the exchange. Secondly, the new litecoin wallet I setup wasn't synced yet, which may be the problem.
But is it already synced? If not, you can check in a block explorer, like this one: http://block-explorer.com/
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You sure ain't gonna get to a situation where you lack content to add to the website. New material almost every day, you almost can starting articles for still active companies, in case of a sudden exit scam.
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Bitcoin payouts are still delayed. Our bitcoin wallet needs to reindex and this is so freaking slow, it's unbelievable. I estimate another 24 hours until the payouts will get sent.
do you have the latest release, it's a lot faster than previous releases.
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I don't believe there's such a thing as a reliable cloud mining service.
The only one I had a little hope would turn profit and I thought was a reliable enterprise was AsicMiner with their fund AMHash, well, we all know how that went...
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So bitcoin will need more people to used it in order to get more stable ! hope it gets stable because for the moment it's heavily unstable
Look at the history of the oil market, oil price was quite volatile at the beginning of the last century, with its market growth and increasing adoption, eventually the price became more stable. I think we can establish a parallel between bitcon's current market and the first decades of the oil market. Yes what you said is true but I think for the moment oil have a great and big job and it's used in every place in the world not like bitcoin , and the stabilization play a big role to adopt bitcoin in some countries , people will be afraid to use a currency whose value is not stable ! Sure, but was not like that in the beginning, many people were just speculating, I'm pretty sure at the time there were people saying oil was no good, the market was going to crash, there's no future for the oil market and so on. First years of a new market are always rough.
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So bitcoin will need more people to used it in order to get more stable ! hope it gets stable because for the moment it's heavily unstable
Look at the history of the oil market, oil price was quite volatile at the beginning of the last century, with its market growth and increasing adoption, eventually the price became more stable. I think we can establish a parallel between bitcon's current market and the first decades of the oil market.
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The prevalent theory is that once mass adoption is achieved and there's like a lot of money into bitcoin, market cap goes to the moon, liquidity will be very high, several financial mechanism will be available to stabilize the price and by then no more volatility.
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I only see regulation, or outright ban of bitcoin as a threat.
There are quite a few proprietary operating systems, GNU/Linux was only used by enthusiast at the beginning, there were many discussions like this, will Microsoft crush linux, and it didn't, today, GNU/Linux and it's variants are the most used operating systems in the world.
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Well, the biggest sales pitch to companies is it's cheap to accept bitcoin, cheaper than credit cards, and safer than cash.
Irreversibility of transactions is also a great point in favor of adoption.
I guess, the big doubts will be, is it legal? Is it safe? Is it cheap?
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It's not a threat and it's not a scam, just another payment processor, the mobile payments market is getting bigger and it's not that surprising big giant tech companies like Facebook wanting to get a cut of this market. The key thing is they are building the payment processing system complying with existing rules and regulations.
Yes, this is key point in this story. Facebook P2P Payments is not A Threat to Bitcoin but it's obvious that FB choose to develop own payment system instead of choosing bitcoin. Hope they will re consider this decision and later also accept BTC. why would they implement bitcoin at the beginning? Too few users for them even to consider, credit and debit cards are the obvious choices, although they can implement bitcoin in the future, when/if it is relevant to their userbase.
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I don't hate oranges, I hate stepping on legos... barefoot!
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Scamming people out of their bitcoins seems pretty popular.
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What's the "business" model here?
What does it have to do with bitcoin dice?
The only thing I see is a lot of promises and some guy showing off his gains...
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