lol the only expert here is Mike, whos the other guy again?  'Clash of the Bitcoin expert vs. some other guy...' Not quite as catchy I guess. |
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Go to competitor takeaway.com they do support bitcoin.
Wasn't aware of this, thanks! I will be ordering via takeaway.com from now on, and asking my favourite restaurants to join. I sent a reply to the people at just-eat: Thanks for your response. I'm just letting you know, I have discovered that takeaway.com is already supporting Bitcoin as a payment option. I will therefore be placing my orders through them whenever possible. Hope to see you add Bitcoin support to your service soon, I have been very happy when ordering via just-eat!
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I sent them an email suggesting that they add the payment option, here was the response: Thank you for emailing info@just-eat.co.ukThank you for your suggestion. We are not currently considering using this option of the payment, unless we find that there is enough demand for it. Sorry for any inconvenience caused. Kind Regards Jade So, they need more demand before they will add the option to pay in Bitcoin? Let's all email them then! |
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If you must do it, at least wait for a correction...
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Okay, let`s call it. This time the boat really is gone.
LOL, I'm gonna come bump this next year (If I remember to) |
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We are so far from mass adoption that it is not even funny.
That's very true. But I think you need to account for alt coins. LTC is at 2% of BTC now and who knows where it will be later. The more widespread BTC becomes there more widespread other alt coins become so it isn't really 21million coin cap. Someone who starts a popular alt coin and retains 10-20% might equate to 1% of BTC. Actually LTC is at 8% of Bitcoin as there is a 4 time larger supply. I kinda think it's overpriced. LTC market cap is $350 million, BTC is $10 billion. There are currently twice as many LTC as BTC, of course that ratio will change due to LTC having faster block rewards. If LTC were to capture 10% of BTC market share at this point, for a total cap of $1 billion, then price would be $40. 21 M : 84 M 1 : 4 It's not that important how many there are right now. Total supply is vastly more influential. Total supply of LTC right now is 24 M. Another 60 M are yet to be mined. BTC total supply is 12 M right now, hence market cap of 10 Billion rather than 20 Billion. That is your opinion. I completely and wholeheartedly disagree  That's not an opinion, those are facts. The part which is opinion is whether or not it is current supply or eventual supply that matters. I say current supply is what matters, because you can't buy coins which are yet to be mined, and applying my basic understanding of supply and demand to the equation leads me to believe that price depends on what is currently available on the market. I realise that it is more complicated than this, and I am over simplifying. But it is also an over simplification to state that LTC has a future supply of 84 M while BTC has a future supply of 21 M, therefore LTC market cap is 4x higher. No the fact is that the market cap of Bitcoin is 21M*975 = $20.475B. That coins have not been assigned to individuals yet don't mean they don't exist. I was trying to word this nicer to you before  I don't know of anyone else working out market cap in that way. Every other source I read puts BTC market cap at 10 billion right now, by calculating current price multiplied by current supply. And I would even go so far as to suggest that coins which haven't been mined do not in fact exist... yet. Now there's a crazy notion. |
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We are so far from mass adoption that it is not even funny.
That's very true. But I think you need to account for alt coins. LTC is at 2% of BTC now and who knows where it will be later. The more widespread BTC becomes there more widespread other alt coins become so it isn't really 21million coin cap. Someone who starts a popular alt coin and retains 10-20% might equate to 1% of BTC. Actually LTC is at 8% of Bitcoin as there is a 4 time larger supply. I kinda think it's overpriced. LTC market cap is $350 million, BTC is $10 billion. There are currently twice as many LTC as BTC, of course that ratio will change due to LTC having faster block rewards. If LTC were to capture 10% of BTC market share at this point, for a total cap of $1 billion, then price would be $40. |
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If manufacturers in China start asking for BTC instead of USD, they can convert to Renminbi at 20% markup on Chinese exchanges. Oh man that is so tempting to hope for... But the reality is that the amounts of wealth that those exporters get paid per shipment would be too big to simply drop on BTCChina... It'd be a major sell there that tanks the price for weeks... Each time. They'd have to want to hold some in bitcoin; perhaps half of every shipment. That might help them avoid taxation too so it's not completely out of the question. I was thinking maybe a few smaller scale manufacturers would be the first to realise the opportunity - maybe the odd business owner who does a few million in turnover per year. They would usually accept dollars as payment, and then convert into Renminbi to pay workers and buy raw materials etc. Now they hear about this new thing called Bitcoin, which allows them to take irreversible payment, clears within hours rather than days, and they can offload on BTCChina and receive an extra 20% - what's not to love about it? They tell their American partners to convert their dollars using Coinbase (We're talking a few tens of thousands of dollars at a time) and make payment that way... |
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What if consumer electronics manufacturers in SE Asia are quietly telling their import partners they want bitcoins instead of dollars?
If manufacturers in China start asking for BTC instead of USD, they can convert to Renminbi at 20% markup on Chinese exchanges. |
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how come BTC-E is so much lower?
Sounds like people can't get $$$ into BTC-e. Bitstamp withdrawals is fine.
BTC-e deposits are broken afaik.
Seems like no new money into BTC-e is a larger issue.
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Moon isn't 100 or so km away. I think the ticket you get with 250k is just for some very low earth orbit or something
TO DA LOW EARTH ORBIT THEN!!!! AND DEN TO DA MOON!!! |
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sour deal at btc-e.. i don't know the reasons why, but it's $100 below other exchanges... it's probably not the best place to buy.
$100 cheaper = not the best place to buy  sorry, brainfart. i am trying to get ahold of some litecoin with BTC.. but then again, LTC seems to be under the spot price of most other exchanges too. I think BTC-e has the best LTC/BTC rate at the moment. |
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sour deal at btc-e.. i don't know the reasons why, but it's $100 below other exchanges... it's probably not the best place to buy.
$100 cheaper = not the best place to buy |
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We just need all of the exchange to collaborate and switch over to mBTC when price reaches $1000. Then people can buy 1 mBTC for a dollar! Quick, get them while they're still cheap, we're gonna hit $50 in a few years  EDIT: In fact, they should all just do it now. |
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Litecoin needs the support of one of the larger exchanges, but if that happens I think it could easily climb back to the 0.02-0.03 BTC levels which it held for a good part of this year.
I think it has a pretty good chance of being added to BTC China.
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Stuff doesn't cause creativity. Creativity causes stuff. I would suggest that maybe it's an ongoing process of creativity that allows complexity to arise in the first place. It may seem ridiculous, but I would also speculate that creative choices might occur at all levels in nature, resulting in what appears, in hindsight, to be the second law of thermodynamics.
Would you say this ties in nicely with the implications of certain interpretations of quantum physics, which suggest that the physical world is a result of conscious observation and not the other way around? |
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Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on
this is stupid. just stupid. your stupid. i dont feel like explaining to you why your stupid. HAHA, f*cking LOL! |
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I had a similar dream where I woke up and Bitcoin was $100... Then I actually wake up and its popped up over 700 on bitstamp.
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