eBay has some major problems with fraud. I think accepting Bitcoin would be hugely beneficial to them and considering they're no longer with PayPal, nothing is holding them back. The only thing I see being an issue is refunds. Getting refunds in Bitcoin could be difficult when eBay would probably have a 3rd party doing the exchanges.

A lot of rewards programs are now using Bitcoin as a form of reward. I believe Bing Rewards was allowing for a cash out in a gift card which could be transferred to BTC. I don't expect the fast food chains to directly accept it though, I doubt the employees could care enough to bother with it or even understand how to use it.

Welcome to fiat currencies. Where a 3rd party entity suddenly can take control of your money and do whatever they please with it without facing consequences under law. Happened in Greece, happens everywhere. It's not something that can ever be trusted with large sums of money. They'll screw you over 10/10 times.

I think the emphasis on this post is what you say about greed. Greed is what I feel gets most traders to lose most all their profits from the beginning of Q1 to the point they spend the rest of the year trying to make it up. Sometimes, this causes even more greed which bites you in the ass.

Everyone hates it when they don't get in on the increasing Bitcoin price. In hindsight, it's always hard to accept you missed out on the opportunity to make millions. It's not something to dwell on though. I feel the price should increase from the point we are at now. Of course you won't become a millionaire, but any type of ROI is notable.

The tourism business alone is not anywhere near to save their economy. They need reform (and they've been working on it). Tourism shouldn't be hugely affected. If anything, I imagine it would decrease.

As far as security goes, stay away from online wallets. They have the right to close your account without reason and disclose your information to any 3rd party law enforcement for whatever reason. I just use the Bitcoin desktop client and keep the BTC I need secure in an offline unit. Pretty much fool proof.

I've seen speculation of it increasing a hundred or so dollars, which in my opinion seems like a rather appropriate estimation. I could only see Bitcoin breaking the 1k mark if Greece completely fell over and its people switched to Bitcoin entirely, or another European nation falling out of the euro. Both would create more knowledge on the technology of Bitcoin and the reason it beats fiat currencies.

It's going up hugely. No doubt. As public acceptance inches closer and closer due to the poor economy in the EU aka Greece, and the situation of China's stock market tumbling, Bitcoin has made an exceptional increase in price. I expect it to go further up in the upcoming months, along with the other popular altcoins (LTC and DOGE)

More than likely some sort of Altcoin. Or even put it in a gambling site to add to the bank roll.

Any type of attack to fiat currencies (like banks being hacked) will always be a victory for Bitcoin. As more and more people get fucked by the cons of banks and centralized economies, they'll soon realize Bitcoin is the way to go. Simple example would be Greece and the limitations implemented by the government on banks, ATM's, ect. Even paypal stopped taking outgoing funds by Greeks.

I second this, but as from the articles, it seems they are just trying to censor its people. They want to invade on their privacy hence the banning of things that involve encryption and privacy.

I think the crypto currency community should be receiving some sort of light in terms of the price increase of their coins. LTC and BTC should rise to the top with the crisis in Greece. Many foreigners, in fear, are running to unregulated currencies (BTC & LTC specifically), to save their financial portfolio from the government in case their economy crashes. Switching to BTC was a smart move.

Two biggest losses come from altcoins and dice gambling. Both inherited great risk, and lost out on 3 BTC total. Not my best moment but I've made it all back through video slots and such. As far as altcoins go, I refuse to give the shit another chance. Practically all altcoins are built to fail, but gain quick bucks through investors along the way.

Why do you perceive Bitcoin as an enemy? It should be your friend, right? As far as I'm concerned it's not something that can "turn on you", like fiat currencies. Only thing I can think of that would allow BTC to be against you is the price maybe? The technology behind it is spot on.


By the inadequate amount of information in the OP, probably.

Seeing as the situation in Greece is seemingly getting worse with the overall EU economy not looking great, I would move a majority of funds you have to Bitcoin. I'm starting to do so as I see the price increase. I predict it should keep going up as other countries follow Greece's path.

Many citizens are already switching to Bitcoin meaning they price should go up. We've seen a bit of a spike averaging 20-30 USD which I see is a result of Greece and its failing economy. I predict the price of BTC should make a sharp increase as days go on (or as Greece and other EU nations start to cripple financially).

Interestingly enough, PayPal has been modifying their infamous chargeback protocols now from what I've noticed. I was charged back a few days ago and the sender of funds filed as "unauthorized access". He never received his funds because PayPal could not verify his account was accessed through another IP. Usually PayPal would issue a refund no questions asked. However, chargebacks are still rampant. I usually make senders put "paying for virtual item) in the memo space to ensure I would win a chargeback if they filed it as "Item was not as described" or "item didn't work" or "was not received".

Bitcoin is the easiest form of currency to accept, so clearly it's going to be good for those who want to avoid the whole process of verification with bank, specifically criminals for that matter. If banking isn't in stable conditions (for example Greece), then Bitcoin is absolutely dire. Bitcoin helps those unbanked, and those with "corrupt banks".

lol what type of joke is this. By definition, for one, it's not a cryptocurrency, which completely defeats the purpose of it. Secondly, why would anyone trust a cryptocurrency created by a bank? It's literally competing with each other which is counterintuitive.