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'Market liquidity' is a fallacy. If you hold on to a certain amount of currency on an economy and don't use it, the remaining currency which is being used will be worth more and will serve whatever investment needs there are. That's what the US economy currently does and that's working out well.
Yup, pretty much this |
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We already have a comprehensive list of merchants who will participate in Bitcoin Black Friday, much more will be added in the following days: http://bitcoindiscounts.netcool man, thanks. nice site idea btw! |
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I think we'll see another good run in the future, maybe now 1000/btc but hopefully up to 600usd/btc again. Otherwise, things are looking crap right now with the direction we're heading.  |
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If true this could be huge, no?
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Why should someone (not knowledgeable about bitcoin) should start spending hours and hours to learn about bitcoin's concept. Why should that someone start right now?
Why? Because of the enormous opportunity cost of not learning about it. If you're wise enough to be here asking this question, you're wise enough to know why you need to know. Here, I'll make it easy for you: Reading: Why You Should Care About Bitcoin: Money is going digital and it is impacting the biggest growth industry of the past 75 years Medium.com from Sept. 2013 Accelerated Learning for Bitcoin: How I got up to speed on bitcoin in about a month. Medium.com from Nov. 2013 Why Bitcoin is grossly undervaluedI'm hoarding bitcoins and no you can't have anyBitcoin doesn't have the properties of money, it changes them.The Advent of Cryptocurrencies: A reason to rethink currency in the 21st centuryChina, cryptocurrency, and the world orderChina, cryptocurrency, and the world order part 2Code as Law: How Bitcoin Could Decentralize the CourtroomVirtual currencies can challenge the sovereignty of statesDark marketplaces positioned to accelerate the collapse of governmentsOnly the black market mattersTrust no US companies with the future of bitcoinBitcoin: Fact, Fiction, FutureEuropean banks are in troublePrivatize the pound?Could the bitcoin protocol be the birth of virtual collective consciousness?Bitcoin: Economy of the Eternal Nowhttps://paybycoin.intuit.com/Videos: The real value of bitcoin technologyAndreas Antonopoulos on Bitcoin @ Maker Faire 2014 DetroitBitcoin the Organism TED talk with Jeff Garzik (from April) Why Bitcoin's growth is normalThomas Spaas at TEDxUHasselt - The concepts of Bitcoin and their impact on the worldwide legal spaceInterview: Bernard von NotHaus on the Liberty DollarInterview: Max WrightInterview: Mike Maloney - is Bitcoin an NSA setup?Bitcoin 101, with Daniel AltmanRon Paul on the possibility of a Bitcoin boom (from January) m/gallery/?video=3000289713]Draper's long-term bet on bitcoinIntroducing Crypto Cards!The Evolving Digital Commerce EcosystemBitcoin can fulfill the role of cash in a digital societyBruce Fenton: Bitcoin and the New York "BitLicense" proposed regulationsMatt Whitlock on Elliptic Curve CryptographyGood luck, fellow seeker of truth.Hey man thanks for this post, I've gone thry have of these and gonna finish this weekend! Very interesting to see what direciton this will take in the coming years for sure. |
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I have an honest thought why Bitcoin exists....... anonymous and keep the sales going...catch me if you can   Anonymity.. That is why I love bitcoin. Bitcoin is far from anonymity. It is much harder to trace your Euros then your BTC. There is a technology named CryptoNote, with few coins already started on top of it. Transactions with Cryptonote coins can be anonymous. Bitcoin will never go anonymity way even if there will be possibility. That is reason why CrypoNote coins were such a hit during this summer. Altho are so hard to managed, soem reach nice price from early start. Reason is they fill niche Bitcoin will never have. Yeah same thing I was thinking - but I need to read more into cryptonote man. |
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Sick. Man I wonder how someone in like the US could snag the market on those and set them up in like all 7-11's or something. $$$
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Glad I pulled what I had left there before this fiasco crap started man! It was just some blackcoin that i was bagholding (thanks iconic expert you assclown).
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Isn't that ass that started LibertyCoin from there? lol
Scamcoin and a half.
I was in mex recently both resort town and city itself...and yeah nothing up with bitcoins there man, they look at you like QUE?!
haha
BTC still has a ways to go in general.
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Not sure what the issue is...I'm looking to sign up tho (but have to read up on their terms more). You're the third person this week I've seen had issues though, weird.
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I think you dudes are dreamin a bit too much for those prices man. I mean yeah it'd be wicked but doubt btc would go that high. I think prob like up to $2000/each max, dreaming $5k each max haha. Otherwise prob hover like 500-1500 each for a long time.
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When BTC gets into more 'evil' hands, you'll see the wars start happening. But that's not to say "good" hands would handle it any better or more legit.
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Would we be able to get the minutes or like results of these discussiosn/etc?? Are they made public or anything??  |
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There was a wicked place bought in Bali (or someplace in Indonesia) for BTC only I think...awhile back.
Man that'd be sick.....think I'll do the same in 5-10yrs!
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Nope, hold/trade for alts right now but i'd like to try using it for more things soon enough!
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If you're taking religion seriously with anything to do with bitcoin (or anything for that matter), you fail, sorry but it's true. |
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Dhaka: Bangladesh's central bank warned against dealing in bitcoin, saying anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws. The Bangladesh Bank, which regulates the impoverished country's banking industry, said it issued the order after reports in local media of Bitcoin transactions through various online exchange platforms. "Bitcoin is not a legal tender of any country. Any transaction through Bitcoin or any other crypto currency is a punishable offence," the bank said in a statement Bank officials told AFP separately that anyone found guilty in Bangladesh of using Bitcoin could be sentenced to up to 12 years in jail. Launched in 2009, Bitcoin is a virtual payment system launched in 2009 that can be used to pay for goods from a computer or mobile device. Backers say virtual currencies allow for an efficient and anonymous way to store and transfer funds online. But virtual currencies, most famously Bitcoin, have come under increasing scrutiny by financial regulators as their popularity has grown. Several countries have warned users of the risks associated with Bitcoin, such as their susceptibility to fraud because of the difficulty of tracing transactions. Last Friday, Europe's top banking regulator called on the region's banks not to deal in virtual currencies until rules are developed to stop them being abused. SOURCE " http://ibnlive.in.com/news/bangladesh-says-bitcoin-users-could-be-jailed-for-up-to-12-years/499445-11.html" WHY DO YOU HATE FREEDOM |
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I'm posting this from my spare account because I don't want to be hated by the other early miners...
I'm selling my 50k BTC in staggered amounts starting from tonight, and hopefully my impact on the market will be limited.
It's just not worth sitting on this kind of uncertainty anymore.
I'll do the same with my 100k BTC y0! |
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I have couple buddies there, they heard this too and aren't happy. I mean I cant understnad WHY NY wants to be that tight? I can understnad some reg's but this much?? More b.s. poitics behind it. Didn't knwo they became a commie or nazi city overnight?!!
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