It's the unholy union of banks, western union, gold, and Paypal. Think Blade for Vampires, all of their strengths, none of their weaknesses. We live in an increasingly online world, only makes sense to have a completely online method of payment/storage. Especially with Coinkite or Bitcoin paper wallets for the traditionalists that need physical "cards" or "paper" to use day to day transactions, there really isn't that steep a barrier of entry. Google knows this, so they're taking preliminary steps with BTC integration. Amazon, Apple, and eBay are the big ones. Any of those jump in... BTCBTCBTC for all my Bitpeople!  |
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But didn't the Bitcoin "bubble" burst 2 or 3 times already and still surge back up?
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Wait... Are they Block Erupter Blades or Block Erupter USBs? If they are Block Erupter blades, I offer BTC0.02 per unit.
16 bucks for a blade? |
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Awesome news! Newegg can't be that far behind.  |
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That's it, invest in Coinye!  |
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Most of the asic pre-orders delivering this year are 28nm process.
Next contender is the 20nm die process followed by 14nm die process.
KNC is the first to 20nm die process with their upcoming Neptune. They're promising 3TH/s but as their history shows, they underpromise and overdeliver(maybe 3.5 TH/s or higher).
14nm probably a year or 2 out at least.
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Of course Jamie Dimon goes on the attack on Bitcoin, it poses a real threat to JP Morgan Chase's credit card business!  |
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I would be so happy if Google Adsense had an option to payout in BTC!
Or those forced video ads that you usually skip, if they paid you in Satoshis to watch the whole thing so you wouldn't click skip, man... |
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I wish Target offered Bitcoin as an alternative payment method after their hacking incident. It would show forward thinking on their part, and a way to avoid customer backlash in the future.
That would be an unbelievable publicity and media push for BTC...
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God I hope so! Ebay flirting with Bitcoin, now Google passing notes under the desk to BTC's friends to see if she's available. Apple, Amazon, get off your fat ass and wine and dine Bitcoin, she's waiting for you behind the bleachers!  |
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Ebay says "No" now, but we all know "No" means Yes! They're hedging their bets for now, and will see if PayPal's "coin" takes off or is a dud. If BTC keeps growing in stature and value, they'll have no choice. Especially with Icahn shoving 2 of his employees inside Ebay's board. |
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Ebay is already creating a "Virtual Currency" category amidst sales of Bitcoin in the US and now the UK. They're ever so close to embracing BTC as a payment method with it's fee-less fast transaction based structure, but their long marriage with PayPal looms as the biggest hurdle. Ebay probably will hedge it's bets in the future, and offer both payment options. If BTC growth in the media and masses continue, you can bet your ass Ebay will dump PayPal in the street like a $20 whore! http://motherboard.vice.com/blog/ebay-is-embracing-bitcoinalmostImagine Ebay and it's 233 million user base worldwide seeing:  Exciting times! |
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I think you're thinking of Chinese New Year which falls on January 31st this year. Bitcoin faces a fresh obstacle in China as Alibaba,the countrys largest e-commerce group, will ban bitcoin transactions starting January 14.
Alibaba Group Holding Ltd's Taobao, Chinas largest online marketplace, will not allow any transactions of virtual currencies or related products, the Financial Times reports.
Alibaba Group, an internet group of e-commerce businesses that handled over $170 billion in sales in 2012, expects to hold an initial public offering later this year, and banning bitcoin and steering clear of the sale of counterfeit goods is seen as an extra precaution.
Banning the anonymous virtual currency will promote the healthy development of the Taobao Marketplace and to more effectively protect the interests of Taobao members, Alibaba said in a statement posted on its website on Tuesday.
Users will not only be barred from buying and selling bitcoins, but all related activities, including mining the currency, which is the creation of new bitcoins through solving complex logarithmic equations.
The move is part of a larger government crackdown on the cryptocurrency, which has fast gained traction in China, the worlds second-largest economy and home to the largest bitcoin trading platforms.
In December, the Peoples Bank of China banned third party sales of bitcoin, and placed a ban on financial institutions dealing with bitcoin, ordering them to halt activities by January 31, the beginning of the Chinese New Year holiday.
After hitting a $1000 high in December, prices plummeted on the Central Banks announcement, but has since rebounded, after Zynga, the provider of social network games such as FarmVille, said it would accept the digital money in some of its titles.
Bitcoin has faced harsh criticism from governing bodies in Europe, India, and in the US, with regulators skeptical of the cryptocurrency.
Since its creation in 2008 by a man using the alias Satoshi Nakmoto, bitcoin has gone mainstream and can be used to buy coffee, pay for online dating services, and can even be retrieved from an ATM. There are more than 12 million bitcoins in circulation worldwide. |
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Is there a site or extension that allows someone to put in dollars like $5 and show how many mBTC this is ?
Try preev.comYou can convert either BTC or USD. |
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Username: ChuckBuck
Payment Date: 30-Dec-2013
Order Number: R08308544x
Currency: Wire Transfer
Machine Type: Prospero X-1
Quantity: 2
Delivery Country: US
Vendor: minersource.net
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What's the easiest, safest, fastest way to exchange PPC for BTC in the U.S.?
Crypsty, Vircurex, MCXNOW?
Any ideas or tips on this is much appreciated.
Thanks,
Chuck
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Sure why not
Surf4bitcoin
Registration 928259-1899ad4e8cbb64eded13814b666e5c12
Address 1CwmksPZUfZbEh7efyzpueF8rBnHm99DFa
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Welcome Jerry! These are indeed exciting times for us new to Crypto. Good luck in your mining endeavors! |
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