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$2.3 million to $1,000 on Stamp.
That's the lowest I've seen since the price was over $750.
Something's happening.
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I read somewhere that everyone in Estonia has Internet access.
They call it e-stonia.
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Why is the price going up in reaction to good news?
Is the topsy turvy world being flipped right side up?
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Don't you [OP] yourself think that you will be taking a big risk by selling your "tangible" goods for BTC, even if it becomes possible anyhow if you find any buyer? As it's currently uncertain to either investing in BTC or getting paid in it...
 Yeah, let's put a stop to that risk for you, where's the bit-x sign campaign thread, I'm sure they appreciate posts counter to their interests. I'm not going to use Bit-x if they think we shouldn't invest in Bitcoin. |
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Is there anyone in NK that knows how to use it or even what it is?
How would it happen if they have a firewall on the entire country? how do you connect to the blockchain??
How do you send cash to North Korea? If I was in North Korea, I think I'd rather risk using a proxy over someone else's wi-fi rather than trying to sneak money over the border or having money delivered by government mail. The South Koreans never had Nintendo or any Japanese video game consoles, so their young adults have grown up with a huge Personal Computer culture. I'm quite sure there are plenty of hackers there who are willing and able to assist the people of North Korea in any subversive way possible. You can even use short wave radios to send a transaction. |
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I thought they put into the code that Janet Yellen is not allowed to use Bitcoin.
It locks her out saying "go print some more of your own money Yellen, don't mess with ours".
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I'm shocked!  He doesn't admit to using inside information. He admits to using BitFinex where he has access to accounts and databases. I would use my own exchange to trade if I owned one. I trust that exchange and believe in it. |
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in hind sight... those poor employees.  Why? If they got paid when BTC was at~$170 then they're probably pretty happy right now. It's all about timing. And I'm guessing most of them opted for small % of their salaries to be paid in bitcoin anyway. It's called dollar cost averaging.  Holy meaningless graphics, Batman! (Dollar cost averaging is a perfectly sensible concept though) The dots show buys, even while other people may be panicking or over excited, they purchase at regular intervals no matter the emotional state of the market. Doing so gives you an average price you pay out over time. Here is one with the words dollar cost averaging in it:  |
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I think this will change almost everything, as it will allow merchants in poor parts of the world without a net connection to accept payments as well, and later like in a bank get it converted to fiat.
However the volatility would have to be stable at that point.
The title is misleading...the merchant needs a net connection. |
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After reading more about this, I found the title confusing. I assumed the merchant could somehow process a payment without a web connection.
But the merchant needs a web connection and the user can sign a transaction and pay without a web connection, sending the signed payment over Bluetooth.
But if you have a cell phone, it is very likely that you already have an Internet connection.
If it could be done where the merchant does not need a connection, that would be revolutionary. I have no idea how it would be done though.
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A lot of short sighted theories by people who don't actually use Bitcoin regularly.
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Tried to sell a 2008 BMW 335xi with low miles and garage kept only south florida driven etc.
Watches...
Gold...
Locally nobody wants to accept it and educating people on it sucks and the typical sheep just abandons the thought, and this is from someone who lives in the ONLY City thats supposed to be known as the "bitcoin city" Madeira Beach, Florida (on St.Peterburg's coast) even explaining how they can save money from VISA raping them and so forth im just really hoping some phat cat makes some moves that will replenish the energy in BTC that it had when it went from $50-1200 and I predicted the entire thing on streaming twitter and social media watching it rise $100 every 24 hours! made alot of people VERY wealthy, but at the same time a lot of friends, acquaintances lost money via getting scammed by selective scamming in exchanges . . . . sucks, local is the only way to buy to be 100%! Where is there a BTC eBay type site ?
OpenBazaar will be that type of site and it will be better than eBay. But I am sure early on it will take a while for it to build up to the point of having a large customer base. There was a Bitcoin type of eBay and it had a lot of traffic but the guy running it shut it down. |
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So boring atm.
Let's have an epic bull run.
Come on people buy.
Perhaps you missed it going back and forth between $212 and $213 for a while...then up to $214, now back to $213? Hold onto your hats gentlemen. |
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Accusing a newspaper of being a ponzi scheme? That makes no sense.
It requires people to keep investing their money for it to continue. Jeff Bezos could take all of that money and they would be left with nothing, even if they paid for a yearly subscription. That is more of the definition of a Ponzi than Bitcoin which would require every user to sell their bitcoins (to people willing to buy them), or however they figure Bitcoin is a Ponzi. |
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Washington Post revealed: a Ponzi scheme for distributing wealth from many liberals to Jeff Bezos
If Washington Post were a newspaper, it'd be the worst-performing one in the world, worse even than the New York Post.
But Washington Post isn't a newspaper. It's a Ponzi scheme for distributing wealth from many liberals to Jeff Bezos. At least that's all it is right now. It's always been a way to distribute liberal wealth. Politicians, for their part, are quick to point out that it used to be a useful tool for information, like the early internet, and its underlying technology was once useful. Also, they've bet hundreds of millions of dollars on it through advertising.
But that's not much of a consolation to anyone who buys a Washington Post expecting any useful information. Even paying $1 to $1.25 on weekdays and Saturday, and from $2 to $2.50 on Sunday, a 25 percent increase. That's because Washington Post has not had any useful information for the past decade, maybe even longer. It's too bad Washington Post doesn't spend their money on reporters that have a clue.
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Are we over $300 yet?
Nope...still holding.
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Nice to see this, now the price needs to have a valid and the necessary reaction to such a thing.
Many companies are now accepting and paying in bitcoin.
The price will react on its own. I am sure as bitwage.co gets more and more people switching over to people getting paid in Bitcoin the price will have to rise to accommodate the demand. |
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The illegal drug industry accounts for $500 billion in total worldwide per year.
If Bitcoin was ever used for more than half of illegal drug purchases the price would have to be over $250,000/BTC.
So, is Bitcoin a major player in illegal drugs? If you believe that, then you also have to believe the price for bitcoins will reach 6 digits.
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What's wrong with drugs? I am told every day that they can help you.  |
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