CBF calculating it but it just might look like the spread is increasing when it is staying constant in % terms. 

Understood thanks

Out of curiosity you be a bit more specific about location? 

This is the weekend crash.  

Had a look at their website.  They list XBT and Litecoin under forex CFDs.  Using Mt Gox plus 0.1 % spread.

My guess is that it's not bitcoins it is CFDs linked to bitcoins.  Which means you take the credit risk on Plus500.  Which if the complaints from the English users are anything to go by, it's potentially a crappy deal.  

I don't know how much ASIC supervises what CFDs are tied to but expect they largely don't care.  ASIC makes very clear that it does not regard CFDs are suitable for most retail investors.

You wouldn't need to worry about burglars.

Probably tighter security than the Whitehouse...

I don't think we will get Spotify and other subscription services on board without automated payments.

If we don't yet have this capability it is a serious barrier to widespread adoption by merchants.

Possible solutions:

* Circle / Bitpay or other money processor to step forward
* Time based escrow? (Eg each monthly payment escrowed until relevant month)
* special wallet that accepts pull requests from authorised entities.

I am sure there are elegant ways to do this. 

Simple question.

How would a monthly subscription to Spotify work with bitcoin?

Spotify currently debits my credit card every month.  Would I need a third party debit card denominated in bitcoin to automate these monthly payments?  Is that the missing killer app?

Their rates are much worse than Coinjar so I never bothered looking into them.

*edit* I still pull my btc off coinjar pretty quickly. 

All Bitcoin! All crash! All the time!

In other words yes. 



PS it's not a crash until it hits 50% of the previous ATH.

But wait there's more!

Following on from my prior suggestion of 1 Nakamoto :


1 Satoshi can be shortened to 1 Sat, then
1 Nakamoto can be shortened to 1 Nak.

So I also put forward "Nak"

There are only 12 million bitcoins in circulation.  Divide by 12 not by 21.

It means the Germans are full of bullshit.  

BTC taken in my area. XBT available at a cost of $3k.  I would rather put the 3k into bitcoins...

I'll tell you what happened.  They (me) burnt that fiat buying in about 5 minutes ago.

I am fine with that.  I am still sitting on all the coins I bought all the way down from 800 to 500 with my heart in my mouth last crash. (I started panic holding when it dropped under 500).

In the real world I will insist that you pay in advance, give me a bank guarantee, irrevocable letter of credit or put funds into my lawyer's escrow account before I do business with you.  Feedback is overrated.

We are ahead of schedule due to hash rate continuing to rocket up. I cannot tell you how far ahead. 

Thank you for taking the time to post while you could not sleep.  

You have made many important points which I will consider carefully.  Please come back and share your thoughts with us more often.