Bitcoin Forum
May 25, 2024, 04:50:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Bitcoin / Bitcoin Discussion / Re: Blockchain App on any iPhone - SO EASY!!! on: February 07, 2014, 05:55:12 AM
Also worked for putting the Coinbase App on my new phone. Works great!
(Even though it was previously removed from the App Store too.)

I think Blockchain and Coinbase should put a nice little download link to the free Apps on their websites and instructions that show people they can side-load it this way.
2  Bitcoin / Bitcoin Discussion / Blockchain App on any iPhone - SO EASY!!! on: February 07, 2014, 05:22:43 AM
If you know of anyone that wants the free Blockchain App for their iPhone or iPad, it is a super simple job.

iTools 2013 is a free software available on CNETs download site.
It allowed me to copy it from my old phone to my new iPhone in just a few seconds.

iTools was only about 3MB and was a stand alone executable. So no need to install anything.
I did virus check it and found no problems.

I'd have been happy to put a link to it and the Blockchain app on here, but come on, if it's one thing we all do share - it's a mutual distrust of anyone else.

Anyway, couldn't imagine it being any easier or faster.

Cheers!
3  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] New MEGACOIN [mec] GIVEAWAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! on: December 02, 2013, 04:47:57 AM
M9jKUM3Zt8ZLmXXDrupKXZ3TSA4JgSKWCy

Thanks!
4  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: WTS BYTECOIN. 5000 BTE. BTC & LTC Accepted on: May 10, 2013, 09:06:42 AM
Offer: 10 LTC  for your BTE
5  Alternate cryptocurrencies / Altcoin Discussion / Re: AUCTION - 2126.45 BTE (Bytecoins) on: April 18, 2013, 11:24:52 PM
Okay, no bids in the last 48 hours.
Looks like I won the auction!

I will PM you for the transfer!
Justin
6  Alternate cryptocurrencies / Altcoin Discussion / Re: AUCTION - 2126.45 BTE (Bytecoins) on: April 16, 2013, 10:23:04 PM
Bid: 1.25 BTC
7  Alternate cryptocurrencies / Altcoin Discussion / Re: [BTE] Anon136 now offering orderbook + escrow service for Bytecoin on: April 11, 2013, 08:44:19 AM
Anon136,  Thanks for all the hard work you're doing in support of BTE!

I can tell it's very time consuming for you coming up with all the spreadsheet, updating them, doing escrow, etc.

Much appreciated!
8  Alternate cryptocurrencies / Altcoin Discussion / Re: BitsnBytes! A Live Bitcoin/Bytecoin Orderbook on: April 08, 2013, 09:07:46 PM
Okay then. Thanks
9  Alternate cryptocurrencies / Altcoin Discussion / Re: BitsnBytes! A Live Bitcoin/Bytecoin Orderbook on: April 08, 2013, 08:15:55 PM
I just registered.
Username: Justin3219

Thanks!
10  Bitcoin / Bitcoin Discussion / Re: If Bitcoin was an IPO on: April 06, 2013, 09:44:18 PM
For the purposes of this discussion, lets just say that Bitcoins have no value by themselves.

Bitcoin however is more than just a currency, it's also a payment system. A pretty large, robust, and worldwide payment system.
There are companies that process payments as well. (PayPal, Visa, Mastercard, American Express, Banks, Western Union, etc.)

So, how much would each Bitcoin be worth if it were valued like a company? (and if all 21 million were available)
Now, I know there are differences between Bitcoin and a company, but there are also many similarities.

To a large extent, Bitcoin does what many companies do. It stores value and processes transactions instantly, all over the globe through a network of computer servers.
There are people working around the clock (and around the world) to keep the system running. (24/7/365)
There are thousands of servers connected.
Millions of dollars and thousands of man hours have gone into creating this infrastructure.
There are tons of websites that exist to supplement the system and perform specialized functions & services to users (clients).
There are people advertising Bitcoin by word of mouth (sales people) and through their business endeavors.  
Many people invest in Bitcoin, in hopes of making a return on their money - just like they do in companies.

All of this adds value.
So what if we compared it to similar companies?

Let's compare with Discover Card. (They really only hold a small share of the payment processing market anyway.)

Collectively, all of their stock holders have invested $19.2 Billion into Discover Financial Services.
So what if people collectively invested the same amount of money into Bitcoin hoping for a return on their money?
How much would each Bitcoin be worth then?
The answer:   $914 ea     ($19,200,000,000 / 21,000,000 Bitcoins = $914/BTC)

But not only does Bitcoin process the payments , it also stores wealth. And deposits have a huge impact on the value of bank stocks.
Could it ever be as large as say Bank of America?
If so, each Bitcoin would be worth - $5,714 ea  

Not too shabby considering  BoA was worth 5 times that a few years ago!

But what if people really got excited - the way they do with technology stocks? Say Microsoft or Google.
If so, each Bitcoin would be worth $10,952 ea.

So do you think it's possible that some people will invest the same amount of money into Bitcoin that they would into a similar company or investment?
I already have... and it's doubtful that I will be the last.

Justin



Just some other examples I calculated on Jan-20-2013:
Mastercard - $3,081
Visa - $5,047
Paypal - $3,333
Western Union - $380
Microsoft - $10,952
Citibank $5,809
Wells Fargo - $8,761

NOTE: I originally drafted all of this on Jan 20-2013 so the numbers are from that time and may have changed somewhat by now.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying BTE on: April 05, 2013, 06:52:58 PM
Come-from-Beyond: really sorry but I just gave the deal of selling a small amount of BTE at .0003 BTC to btbrae (he purchased the rest at .0004), and my price is now .0006 per BTE. You may want to buy from phantastisch as he has a slightly better price than me (.00055).

I'll undercut you both: I sell 300 @ 0.0005 (so 0.15 BTC).

I'll take that offer!    Sent you a PM.

8Z5f2EjScqS2rVgRNoE27GNB4fKYh1fqnt
12  Alternate cryptocurrencies / Altcoin Discussion / Re: [BTE] 1bte givaway, post your addresses gents on: April 05, 2013, 06:43:19 PM
8Z5f2EjScqS2rVgRNoE27GNB4fKYh1fqnt
13  Alternate cryptocurrencies / Altcoin Discussion / $15 for 750 BTE on: April 05, 2013, 08:35:59 AM
I'll pay $15 for 750 BTE.

Payable in BTC of course. PM me.



8Z5f2EjScqS2rVgRNoE27GNB4fKYh1fqnt
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin Negative Public Image on: April 03, 2013, 10:04:52 PM
Those of us who own them and use them, should be active on the posts of the big main stream articles. Not arguing with anyone.
Just stating what types of legitimate & legal applications we are actually using them for. Keep it short.

"I buy magazines with mine."

  
15  Alternate cryptocurrencies / Altcoin Discussion / Re: The perfect alt-coin on: March 15, 2013, 03:52:37 AM
Being easier to explain would probably help more than anything.

Convincing the masses to use it will be the ultimate key to success.

16  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: March 12, 2013, 09:54:16 PM
rB6WGbE2XaEmBfisvhNH376NCJZ6v2qZqP
17  Other / Beginners & Help / Re: Terminology on: March 07, 2013, 07:11:57 PM
cool to know!!
18  Other / Beginners & Help / Re: What's your Mhash/s? (Pissing contest here) on: March 07, 2013, 07:11:37 PM
 I've got 4x 5830's cranking out about ~1200 Mhash/s
19  Other / Beginners & Help / Re: Trust No One on: March 07, 2013, 07:11:14 PM
Fair call man... Nobody online is worth losing your cheese over
20  Other / Beginners & Help / Re: Newbie restrictions on: March 07, 2013, 07:10:55 PM
What if the Newbie forum fills with spam? What are us newbies to do then?
Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!