Amazon or ebay... i can't really imagine if that will ever become a reality some day and i mean it could be really big. And since they already saved a lot on the fees instead of using credit card, people paying in bitcoin should get incentive in paying for lower price.
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It's typical to see one startup venture comes and then go and the next thing you know, there's another one coming along. It's just part of what you call business. But one thing that really caught my attention is I wonder how the new asset backed blockchain will work out especially with its offline transaction ability.
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Like the rest here, I'm interested to know how many coins you actually bought?
If you indeed bought a unit of bitcoin at 0.01 back then and sold it for 0.11, that must really suck big time
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To certain extent, I do agree that cryptocurrency future still lies on bitcoin. Altcoins though in the past have being used as a way to introduce new technology but unfortunately it has been severely manipulated especially those created as scamcoin. In a way or another bitcoin's reputation has suffer as a result mainly because when people view crypto, the first thing they will see is bitcoin and we are getting all the blame. It's time we go back to bitcoin.
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But what if all Greeks dump their 10$ Bitcoin? But it's good thing that whole country will know about Bitcoin.
I was about to say the same. If you give it free, nobody is going to appreciate and will end up dumping in the open market for whatever currency which they think still holds some value. They are not going to appreciate it much less understand the meaning of holding bitcoin...Not unless you make them earn for it.
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The first thing that came to my mind when they decided to drop bitcoin option is because of the low volume of payment made in that currency. Since bitpay handles all the payment processing to convert back to fiat, I don't think that exposed them (wordpress) to any risk in terms of security. I just hope they will consider making it available once again.
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I had to verify with other news sources to confirm that it is true. And yeah, a lot of people would finally have to chance to be able to get the answers they are waiting for. I think hardest hit would be the dogecoin community.
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No, to clarify the statement... it's too complex if you are illiterate or are totally lost when it comes to computing or technology. I presume it won't be harder than using an ATM machine to withdraw money. In fact, when the first ATM paper money machine came out, everybody also has that kind of reserved feeling about how to go about using it and instead prefer to withdraw money from over the bank counter. All the terms and jargon shouldn't be too complicated, once you got hold of the basic understanding.
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I presume you expect the price to go up because of chaos? Something like a a doomsday prediction and the effect on bitcoin price. Anyway, there was a similar topic created few month ago. Search for doomsday. Anyway, just out of curiosity if this does happen, my first priority would be to stock up food, clothing, materials to build shelter and stuff.
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You call that proof to support your theory of a huge dump coming along?
The fact is, if the hacked coins are sold back to a bitcoin collector albeit with much lower price and the coins never made it to the open market/exchanger, that will not affect the price of bitcoin.
Anyway, if say proof, I expect it to be something like a huge sell order being placed or some kind of leaked information from a top tier investor.
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At least it shows people value bitcoin as much as fiat and they are willing to risk their lives for the sake of bitcoin. If it has no value or worth, people won't take that kind of risk. Apart of all these, there's nothing to show it has anything to do with moving towards mainstream adoption.
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Never come across or heard service like that before, but definitely you can do it manually, that is buying the coins after you got the fiat money.
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I would place my bet on both which will slightly lean towards bitcoin. If I would spread my investment portfolio, it would be bitcoin 30 pct, 20 for rare metals and the rest on others.
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I'm not going to go deeper into what's the meaning of bid and ask but essentially if let's say a group of people thinks that due to fear doubt and uncertainty about the future and expect price to go down, people will clamor to sell at every opportunity. As there are now more bitcoin in the market than there the buyer willing to pay for a certain price, sellers will start to undercut each other and lower the price they are willing to let go of their coin.
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Interesting article but still don't understand why they couldn't just call it BTC like everyone else. GOLD shouldn't that be GLD and not XAU SILVER shouldn't that be SLV and not XAG What drugs are these people in the office in Zuirch smoking? You should find this quote from any article "Currently, BTC is the leading candidate as it is in common use globally. However, ISO 4217 standards expect a leading letter “X” for global commodities like gold (XAU) and emergent supranational currencies like the precursor to the Euro (XEU). To this effect, some leading foreign exchange tools and services have already adopted the leading code “XBT” such as Xe.com, Oanda and Bloomberg."
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Should be good as more acceptance means more people are getting exposed to bitcoin. In terms of price movements not sure how much difference it will make but I expect in the long run it's going to be bullish.
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Can't run away from the fees but anyway if compare between both it will still work out to be roughly the same. Another option is to use localbitcoin provided you can find buyers which are willing to take in large orders.
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First thing that ran across my mind is the lawsuit. Imagine the level of privacy breach taking place over here.
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The growth potential is there. There's no denying. In fact we can see more businesses starting to adopt bitcoin. But however, with the price fluctuating drastically this basically hinder more businesses to adopt the coins until it has become stable. Still a long way to go but yeah, we are heading in the right direction.
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Unless you have a super efficient miner with low electricity cost, it would be more logical to just buy the coins directly.
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