Fundamental analysis thread

[Zangelbert Bingledack]

The value proposition for libertarians is indeed/literally unbelievable: "So yeah, you just put in a few grand, lie low for 5-10 years, and wake up fabulously wealthy in a technologically advanced libertopia."

[Peter Lambert]

When the optimal level of adoption is reached, a bitcoin hoard can no longer be regarded as an entrepreneural investment, so bitcoin will slowly move from the hoards to profit making investments in the real economy. That is a slow downwards pressure on the value of a bitcoin.

While "hoarding" bitcoins will no longer be an income generating investment, keeping "savings" in bitcoin will still be a way to avoid inflation. As the bitcoin economy matures, the volatility will decrease, which will make such a method of savings more secure as well. People using bitcoins as a savings vehicle will help maintain the price value over the long run.

[xxjs]

When the optimal level of adoption is reached, a bitcoin hoard can no longer be regarded as an entrepreneural investment, so bitcoin will slowly move from the hoards to profit making investments in the real economy. That is a slow downwards pressure on the value of a bitcoin.

While "hoarding" bitcoins will no longer be an income generating investment, keeping "savings" in bitcoin will still be a way to avoid inflation. As the bitcoin economy matures, the volatility will decrease, which will make such a method of savings more secure as well. People using bitcoins as a savings vehicle will help maintain the price value over the long run.

Yes, still good for saving. To the advantage of widows and the fatherless.

[lebing]

Updated with "Coinlab Bringing Bitcoin to Wall Street with MtGox Deal"

[lebing]

Updated with Bitspend.net

[twolifeinexile]

Take a mark, good info.

[Zangelbert Bingledack]

Namecheap

[lebing]

Namecheap

I thought about it - but meh. I had never heard of them before the announcement.

[humanitee]

Namecheap

I thought about it - but meh. I had never heard of them before the announcement.

Meh?

You should go look them up. You won't be meh'ing afterwards.

"They claim to have over 3 million domain names under management."

[lebing]

Namecheap

I thought about it - but meh. I had never heard of them before the announcement.

Meh?

You should go look them up. You won't be meh'ing afterwards.

"They claim to have over 3 million domain names under management."

Cool. Is that bigger than godaddy et. al? I'm not doubting its big, but want to reserve the updates in this list for only the most significant impacts on the market (of which there are already plenty lately).

[humanitee]

GoDaddy has 52 million domains, so... no.

[lebing]

Updated with:

Amazon fulfillment integrates with Bitpay

[Mushoz]

https://twitter.com/SilkRoadDrugs/status/309238128097517568

While not everybody might approve of this, it does strengthen Bitcoin's fundamentals

[lebing]

https://twitter.com/SilkRoadDrugs/status/309238128097517568

While not everybody might approve of this, it does strengthen Bitcoin's fundamentals

updated  

edit: updated again because that was a fake.

[Mushoz]

http://pokerfuse.com/features/in-depth/winpoker-bitcoin-comes-worlds-largest-online-poker-network-ipoker-06-03/

Too bad the money is converted to a traditional currency upon depositing, but still good news nevertheless.

[SgtSpike]

http://pokerfuse.com/features/in-depth/winpoker-bitcoin-comes-worlds-largest-online-poker-network-ipoker-06-03/

Too bad the money is converted to a traditional currency upon depositing, but still good news nevertheless.

Haven't heard this news yet... how big is WinPoker?  Are they the company that Gambling911 was talking about?

[Mushoz]

http://pokerfuse.com/features/in-depth/winpoker-bitcoin-comes-worlds-largest-online-poker-network-ipoker-06-03/

Too bad the money is converted to a traditional currency upon depositing, but still good news nevertheless.

Haven't heard this news yet... how big is WinPoker?  Are they the company that Gambling911 was talking about?

Haven't heard about WinPoker before, I think it's rather small. Still, the iPoker network is huge, so there should be plenty of action. Not sure if I trust this WinPoker with my money though.

[Gatekeeper]

don't forget about bitcoin store, it's a biggie with big backers.

http://spectrum.ieee.org/tech-talk/computing/networks/bitcoin-gives-an-edge-to-amazon-competitors

"Roger Ver, the founder of the site, launched it to serve as a high-level demonstration for companies like Amazon and NewEgg, a lesson in the benefits of Bitcoin. If any of these companies begin taking payments in Bitcoin, representatives at BitcoinStore say they will close shop in triumph."

supplying 500,000+ items from Ingram Micro, which is a massive company and certainly good press for bitcoin
http://www.bitcoinstore.com/

[lebing]

don't forget about bitcoin store, it's a biggie with big backers.

http://spectrum.ieee.org/tech-talk/computing/networks/bitcoin-gives-an-edge-to-amazon-competitors

"Roger Ver, the founder of the site, launched it to serve as a high-level demonstration for companies like Amazon and NewEgg, a lesson in the benefits of Bitcoin. If any of these companies begin taking payments in Bitcoin, representatives at BitcoinStore say they will close shop in triumph."

supplying 500,000+ items from Ingram Micro, which is a massive company and certainly good press for bitcoin
http://www.bitcoinstore.com/

Yep, it is great - but I havent heard anything about volume yet. I think its still a question mark whether or not this site will take off or not.

[lebing]

Updated with market cap:



source: http://www.runtogold.com/bitcoin-price/