No bank is going to go down.
We had a few going down past 10 year (last one was of average size here in the Netherlands, see https://secure.wikimedia.org/wikipedia/en/wiki/DSB_Bank). Nice for those savers to know that they didn't loose their money due to something they didn't have control over. Actually depositors do have control over things. They have control over which bank they put their money into. And if they didn't have the feeling of security that a government guarantee gives them, depositors would carefully evaluate the solvency of a bank before they put there money there. A lot of people like to blame Wall St. fat cats for the recent financial debacle and they certainly should bear part of the blame, but government deposit guarantees and mortgage guarantees had the effect of separating beneficiaries (depositors and lenders) from risk & responsibility. Whenever you do that, disaster is sure to follow. |
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Hummm, if this actually caught on wouldn't the smart money withdraw on December 6?
I see the Facebook events have been cancelled in two countries already...
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Looks like you're already generating some talk over there. |
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BTC at $0.50. Looks like we might be having our first short squeeze in history.  Yes, I got burned. I hope it wasn't too much. The recent price action has certainly been wild. |
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BTC at $0.50. Looks like we might be having our first short squeeze in history. |
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Actually as far as i understand currency calculations, [all bitcoins in existence] x [current exchange USD] != [total value of all bitcoins in USD]. So the whole market is probably worth less than 1.000.000 USD, but i have no idea how much exactly. How does one calculate such things ? 4.5 million BTC in circulation x $0.2899 USD (last trade on MTGox) = $1,304,550 USD. |
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I've just paid my portion of the bounty 50 BTC, please mark me off.
I would have paid earlier but because this forum has no working subscription function it's a little tricky to keep track of all the threads I'm watching. I wish the admins would do something about this.
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Thanks. I just started my membership at ForexFactory.com Excellent!
It will take some time until I can start my own thread. I first need to prove that I am serious...
Yeah, that's one reason why they have more credibility over there than some places. I'm sure it will be worth the wait. |
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Thanks for the hint. Currently, I do not frequent a forex discussion. But I like the idea. Do you have any recommendation which one to enter? I am happy to look into that.
I think the largest is ForexFactory.com, and another I've used is babypips.com Great analysis today btw. The question on my mind is, where is all the buying coming from? |
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S3052, is there a forex discussion forum that you frequent? Why not also offer your BTC/USD pronostications on a forex forum, so that it provides exposure to bitcoin to people who might find it interesting from a speculative angle?
If you do this, be sure to tell us where you are so we can sign up and follow the discussion there as well.
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Wow, we hit $0.19 today!
The question though is this from money that was already in accounts before the PayPal debacle, or is there still new money flowing into MTGox?
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Has anyone heard back from Currencyfair on their evaluation of bitcoin?
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I already have people sending me Can Tire money! Haha. I'll eventually be able to buy that welder I always wanted! Go Sandy McTire!  There is a bitcoin public relations coup in there somewhere. If we can figure out how to leverage it.... Maybe on bourque.com or nationalnewswatch.com... thinking, thinking.... |
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If we could figure out a way to setup an exchange where people could sell their Canadian Tire money for bitcoins, that would:
Done. Bitcoin4CashNow if we could figure out a way to get Tim Hortons to accept bitcoin!
I'd gladly mail a Timcard to anyone who sent me Bitcoins for one.  Cheers! The Madhatter wow, Canadian Tire money at the same rate as the Loonie! Now that is a sweet deal. Now to scour kijiji for Cdn Tire money at a discount. Here's a tongue-in-check article on the Cdn Tire money economy: http://www.badeconomy.ca/corporate/277-canadian-tire-money-may-collapse-soon |
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Can you purchase facebook points with bitcoins? I think they're actually called Facebook Credits and that is an interesting question... |
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What would the drive be for using bitcoins on facebook though?
Surely not privacy or anonymity? Just a convenient way to spend them, or just a way to get people to use them?
Sandos, see the very first post in this thread for an outline of the advantages of bitcoin to Facebook developers. |
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If we could figure out a way to setup an exchange where people could sell their Canadian Tire money for bitcoins, that would:
1) probably be a news story in Canada
2) give bitcoin credibility with millions of Canadians
Now if we could figure out a way to get Tim Hortons to accept bitcoin!
Actually, expanding on the first idea.
If there are any loyalty/affinity programs (airline points, hotel points) that allow users to transfer their points online to other users, that might be a good place to implement bitcoin as a payment solution. Likewise if there are any social games/online games that allow the transfer or points/gold/virtual currency...
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LOL eBay accepts Canadian Tire money? Well, it is the second national currency of Canada, and has a more solid backing than most of the fiat currencies around!
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Maybe a mybitcoin button could be included using the "other payment " option? There is an option to add html to the item description so its an intriguing idea.....
That is intriguing. Are there any eBay sellers on here with the experience to tell us if eBay would allow it? If it is a legit option, I'll start a bounty with 100BTC for a developer to take this on in the next couple of weeks. |
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