Can you imagine what could mean for ANY cryptocurrency when Google would declare to be integrating one in its systems?
That would probably mean a 300% value boom in few days.
Bitcoin takes positive news in its stride these days. Gone are the days when positive news would make Bitcoin's price shoot up. Even when companies like Dell started accepting bitcoins, its price hardly moved. I expect Google will be no different. |
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I make atleast 10 cents a day off this and animals are doing all the work lol  . You people are crazy paranoid . I wish Direct Deposit Started working again, im forced too use Xapo... you need decent livestock too make it worth your while. FarmSatoshi makes its money threw on-line advertising so please keep your add-block off . (allot of adds) Farmsatoshi is old news...... This is like faucets. Not worth the time. You may be making 10c a day off these games. You would probably make more in a single post in a signature campaign (once you reach member status). |
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Given the high volume of page views to that form during this period, the campaign moderator was concerned that adding any unnecessary text would distract donors and depress non-bitcoin conversionsDistraction? I really doubt if a bitcoin symbol occupies that much space. Maybe they just need better designers. |
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gotta love how quick the mainstream news is to jump on bad btc press
You think that was quick? Wait till they see the price drop. You will have numerous articles predicting the collapse of Bitcoin popping up. |
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This sort of price instability is what scares new adopters. Bitcoin XT is finally having an impact.  |
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Bitcoin Is Having an Identity CrisisBitcoin was built on the sort of open-source ethos that has driven generations of geeks. But the same principles it celebrates—a decentralized network of contributors, a transparent code base—are allowing competitors to flourish. The bitcoin faithful aren’t so sure that’s a good thing. http://www.bloomberg.com/news/articles/2015-08-18/bitcoin-is-having-an-identity-crisisat least some cheap advertising An identity crisis over Bitcoin XT? I don't think so. At least the article is honest enough and says that the odds are against Bitcoin XT. |
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Without something like a 20-30 percent discount from buying items paid with credit card/paypal there's virtually zero incentive for the average person outside of crypto-idealism to use Bitcoin. Yet, I can't remember the last time - or if ever - where I've seen an item at a discount if paid for with Bitcoin. They always price it equal to the dollar value at the time.
Where on earth is a retailer going to find a 20-30% discount? If they could they'd already be offering it. Newegg did offer some heavy discounts for a while but it's not sustainable for them. Perhaps if cost savings spread throughout the supply chain there might be a cumulative discount that's enough to turn customers on. That's going to take time. Forget 20-30% discount. A 3% discount on all items purchased using bitcoins will make people flock to it. I am not talking about the deep discounts you get on some items during clearance sales. |
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Bitcoin is still in its growth stage.
A few years ago, it was primarily used in the dark markets. This is no longer the case. But, it will take some time before the dark markets' share of Bitcoin usage moves to the fringes.
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If this email were PGP signed, it would have made front page news on most mainstream newspapers. As it is, it will die a quiet death after some discussion.  |
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“When inflation is high, everyone buys government bonds,” Novy told Bitcoin Magazine. “They are offering about 14 percent a year. It’s a very good deal comparable to the most profitable hedge funds you can find in America.
Yes, this should satisfy a lot of people. If the government interest rate beats inflation, you have a relatively safe investment which beats inflation. There aren't too many options like this.
Are you joking? I will never buy treasury bonds issued by any of the South American nations (perhaps with the exception of Uruguay). They will offer you an interest rate of 14%, but you will never know whether you will be getting back your principal amount or not. Defaults on treasury bonds are not that uncommon in South America. Not a person outside the country. For a person belonging to Brazil, it is probably the safest financial product. It would be safer than bonds / equity of any Company. The only safer alternative could be gold. |
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I don't think it's a case of ease of use, or lack thereof. There's simply zero incentive for a person with access to first world financial products to use it in everyday life.
Over a period of time, merchants will start passing on savings (credit card fees, chargebacks, etc) to consumers who use bitcoin. That will give a real push to Bitcoin. Unfortunately, we will have to wait till that happens. |
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“When inflation is high, everyone buys government bonds,” Novy told Bitcoin Magazine. “They are offering about 14 percent a year. It’s a very good deal comparable to the most profitable hedge funds you can find in America.
Yes, this should satisfy a lot of people. If the government interest rate beats inflation, you have a relatively safe investment which beats inflation. There aren't too many options like this.
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I doubt whether the 'exodus' will make a difference as most of the larger operators have applied.
I think cost was a major consideration for those who did not apply
It might not make a difference to the current scene. It could definitely impact somebody who is looking for a place to start a new company. He might cross out NY just because of the BitcLicense requirement. |
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Strange startup. The way I understand it, they intend to make a profitable business selling their findings to the police? I wonder what are the "proprietary sources" they're talking about on their website, but I'm afraid that if it's really good, the FBI will request a free and permanent backdoor to access it at will.
As a starting point, this may help them get some grants. In the future, I think they will ask for some bounty money - if somebody robbed your bitcoins, these guys may be willing to help you for a small fee. |
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Coindesk needs to improve... The URL is misleading. The article has changed.
Correction: A previous version of this article stated that Sabr.io claimed its software could have tracked down Silk Road mastermind Dread Pirate Roberts in a matter of days. Berger confirmed this was misreported from the event, and never stated by the company itself. |
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My biggest problem in bitcoin is it's very hard to earn
If you think of bitcoin as money, it really isn't hard. Mow your neighbour's lawn and then convert it to bitcoin. |
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Behind the "exodus" of bitcoin startups from New Yorkhttp://fortune.com/2015/08/14/bitcoin-startups-leave-new-york-bitlicense/
Bitcoin executives—even those who chose to apply for a license for their company—have gripes about the final set of rules, and are still hoping to see it change. This weekend, many of them decided to make a statement: rather than apply for the license, they left New York. For some with physical headquarters in the state, that meant literal moving trucks. For others it meant cutting off service to New York-based customers.
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It would have been better if they had given some numbers in this article. While Bitcoin does solve a lot of problems, you still need fiat to get around. The article mentions that BTC is accepted in some restaurants, amusement parks and gift shops. We still have a long way to go. |
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He originally warned us in 2013 right? Today Bitcoin is below $300, so a lot of people did go in between $600-$1250 and lost their life savings.
Warren Buffet, ironically, may had been a fan of Bitcoin if he had known about it in 2009 but by 2013 much of the ROI was already tapped out.
He was not talking abut Bitcoin being overvalued. He said that he didn't see any fundamental value in Bitcoin. That is where the majority of us differ with him. |
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