The main reason in my opinion is that apple simply doesn't want to create more competitors. They find it dangerous to allow any type of payment systems to root themselves within their devices as apple has many interests in microtransactions. Bitcoins could threaten this, in fact there is a company starting up which is designed for microtransactions within video games using bitcoin. Apple wants people to use $$$ so they can get a cut of it.
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"I don't even know what bitcoins are"
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Sign of increasing market maturity? (lol.)
It may indicate increasing number of arbitrage operations.
Arbitrage is tricky with bitcoin though so who knows.
I agree with your point about an increasing number of arbitrage operations. Many people are probably running bots at this point, the distance between prices of each exchange is nothing new and I'm sure lots of people are attempting to take advantage of it and thus bringing the exchanges closer to uniformity.
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Looks beautiful, just to clarify are the 100 BTC still on it?
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At this moment I'd only want to buy from $80-110
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I'm interested in knowing the answer to this as well.
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hahaha too true, some day traders know what they're doing to an extent I'm sure but everyone else is probably gambling
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Looks like it needs a LOT of work, but certainly has that classic charm
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Seems to be declining but was a pretty decent climb.
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The Bears, The Bulls, And the Sheep
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+1 Agree fully
Until they begin mass production and begin shipping people the products they are owed, they should not be trusted to sell more.
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There is no current competing currency that could scratch bitcoin. If a company like google came out though and implemented their own currency, exchange etc it could be a wild success.
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With this much support it would be foolish of them not to accept bitcoins.
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An unregulated market at its finest
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Would be interesting to see how this plays out, mass exposure sure but we'll have to wait and see if it will reach mass adoption
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Wow crazy that someone would do that, at least they are donating the money and matching it 100% as well and sending it to charity.
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You could buy one thousand nights in a nice hotel at 1900$ per night with that kind of money.
True, but if you buy that property, you can live there 1000 nights then potentially sell it for more and make a profit.
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Makes me love khan academy even more, the videos are actually pretty helpful and worth a watch for anyone wondering.
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Haha, not exactly what I was expecting given the title but quite interesting article nonetheless
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