I make a point of shopping with and supporting any business that accepts Bitcoin as payment, even if I don't need the product in question or if it costs slightly more than buying the same product through a fiat-only store. Overstock will be no different. I'll find something there to buy! Recently placed an order with lollyphile.com for some lollipops, and I don't even have a sweet tooth. But %#&@ it, they accept Bitcoin, so they got $50ish worth of my business(or 0.08BTC).  I feel it is important to let merchants know they that expand their client-base when they accept BTC. |
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Adoption and/or government clarification on uses, regulations, taxability, etc all impact how BTC will perform this coming year.
Some positive indicators of value increase are:
US Federal Debt ceiling debacle in February.
Overstock.com taking payments in BTC around June.
Indicators that could spark rise or drop(neutral) are:
Goldman Sachs involvement through Michele Burns and circle.com
Indicators that suggest a drop in price:
None that I see at the moment. The news from China and India were pretty bad, but I think they've already done most of the damage that they're going to do.
My prediction(s): Bearish but stable market (around $700-$800) until early March 2014; small to moderate rally in March, new floor around $850/new ceiling around $950. Slightly volatile following March, possible drop back down to $750-$850 range. Huge rally around July 2014 with Overstock.com adoption; price surges back over $1,000/BTC. Stability around $1,000-$1,200 until Holiday season, lots of BTC-accepting businesses do very well on Bitcoin Black Friday. Paper wallets and other Bitcoin-gear given away as Christmas presents, sparking more adoption as it did this year(gox price jumped to $800 on 12/26 after a very stagnant week at $650ish). Around $1,500 per BTC come 1/1/2015.
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It's funny how the taxman is always there to collect when you win, but never around to help when you lose.
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If you convert all fiat paper wealth as of this moment into USD, divide the entire world's fiat paper wealth by 21 Million(Bitcoins), then each Bitcoin becomes worth about $22million USD.
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I've had good experiences with bitstamp.
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the system is supposed to be designed so that there's less incentive for the person or persons in control of 51+% to fuck with the network than it is to not abuse the power to do so. the pool op over at ghash.io is making mad money every single day. it would take a massive, massive bribe to get him to want to let go of such an income flow.
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India is all like "don't use BTC" and BTC rises in value roughly 15% the next day. Sucks to be India.
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I wanna spurt all over your blockchain, baby
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Didn't give any actual BTC, but all gifts I gave were purchased with BTC including: an i3 ivy bridge laptop, a Nexus 7 tablet, an iphone 4s, a 25 year old single malt bottle of scotch whiskey, lollyphile candy, gift cards... total around $1,350. All possible with Bitpay. Rather than confusing people who barely know how to operate a PC, I'd rather support merchants who have accepted BTC as payment for their products.
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Bitcoin already surpassed gold-ounce parity briefly this month.
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either he did it on purpose, or it was an accident. either way, he should be viewed as a fool.
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Host of the show likely wants BTC to look bad, so he set it up so that it appears Bitcoins are easily stolen. Anybody with half a brain who knows what BTC is will realize this, but those who've no exposure to tech/BTC will not. An example of a fool making the adoption barrier harder to cross.
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Wow. Devious fucks. My antiquated parents fall for something similar every time; viruses that pose as anti-virus software, lol
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I didn't rescan, the confirmation just popped up out of the blue! Thanks for the responses guys. Locking thread.
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How do I tell which one of my addresses I sent from?...
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But the BTC is no longer in my wallet.. |
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Yesterday I placed an order with lollyphile.com using BTC as payment through Bitpay. I'm using Bitcoinqt client, and from what I can tell I've simply lost my BTC and the payment on the other end was never received. I've never had this happen before, after successfully purchasing many things with Bitcoin.
Sent 0.105 BTC to 1LrrRNhpmmZbs5uQCWrEf2n4sJfo8CFtR7
ca6e167116188485ffd2c4330681b9d08cc4e5c62a8014262ee0cb31606bcdb4-000
1 day later and still 0 confirmations on the transaction. What's going on? Did I just lose my BTC, and if so, why?
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beesbrothers.com appears to have expired according to godaddy! Is there a new website to place orders from?
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