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BlackSpidy
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June 09, 2015, 03:36:18 AM |
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Majority!? You named three transaction types. Bitcoin alone has several scenarios you failed to mention solely for the misrepresentation of the cryptocurrency in order to (wrongly) assert that it has many more middlemen than fiat transactions.
Bitcoin
[Bitcoin scenarios here.]
Makes lots of sense, because open a bank account is as easy as creating a bitcoin address and with same fees and you can transfer to any bank anywhere in the world with same easy Exactly, that is my point. Bitcoin has as many, if not fewer middlemen. Bitcoin is easier to use than a bank (though, they are somewhat required to obtain bitcoin). Bitcoin has as few middlemen as you'd like (like what the other guy said). |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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elux
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June 09, 2015, 03:42:40 AM |
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ChartBuddy
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June 09, 2015, 03:57:25 AM |
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ChartBuddy
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June 09, 2015, 04:57:20 AM |
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ChartBuddy
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June 09, 2015, 05:57:19 AM |
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inca
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June 09, 2015, 06:07:52 AM |
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It fails to include P2P transactions for goods, where (if you ignore the middle men of obtaining the bitcoin, as you do with cash) it not only performs the same, but above cash, due to the reliable 60-minute waiting time (at the moment, with a $0.0001 fee) one must wait for bitcoin to "arrive" (multiple confirmations of the transaction), regardless of where in the world you are sending bitcoin to. Not to mention that you never need to worry about change.
I described the majority of transactions for different payment types - not all transactions. P2P transactions in Bitcoin are extremely rare. Er..how do people get cash or money in the bank? |
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Chef Ramsay
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June 09, 2015, 06:13:15 AM |
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The White House today denied that Pres. Obama had said at a Mob sit-down over in Germany that the strength of the dollar was a problem. Which obviously was interpreted as a confirmation that he had in fact stated exactly that.
Interesting that he had a stiff drink prior to noon over there earlier yesterday. The point you made could be clouded by that in some instance or he could just be plum crazy. |
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ChartBuddy
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June 09, 2015, 06:57:45 AM |
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YourMother
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June 09, 2015, 07:15:58 AM |
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We are heading back home, boys!  |
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matt4054
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June 09, 2015, 07:34:54 AM |
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short term is:
[ ] bullish as fuck
[ ] bullish
[ ] bearish
[ ] bearish as fuck
[✓] boring as fuck
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DaRude
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In order to dump coins one must have coins
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June 09, 2015, 07:36:05 AM |
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short term is:
[ ] bullish as fuck
[ ] bullish
[ ] bearish
[ ] bearish as fuck
[✓] boring as fuck
i like watching green candles |
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el chavo
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June 09, 2015, 07:36:18 AM |
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It fails to include P2P transactions for goods, where (if you ignore the middle men of obtaining the bitcoin, as you do with cash) it not only performs the same, but above cash, due to the reliable 60-minute waiting time (at the moment, with a $0.0001 fee) one must wait for bitcoin to "arrive" (multiple confirmations of the transaction), regardless of where in the world you are sending bitcoin to. Not to mention that you never need to worry about change.
I described the majority of transactions for different payment types - not all transactions. P2P transactions in Bitcoin are extremely rare. Er..how do people get cash or money in the bank? The bank gives them money for free, don't? You don't even need to deposit or work or something like to make money appear in your account |
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madmat
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June 09, 2015, 07:41:25 AM |
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We are going up, same time as yesterday. Maybe a new bull day.
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Fakhoury
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Permabull Bitcoin Investor
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June 09, 2015, 07:42:27 AM |
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We are going up, same time as yesterday. Maybe a new bull day.
Hitting $240 ? |
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ChartBuddy
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June 09, 2015, 07:57:26 AM |
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madmat
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June 09, 2015, 07:59:00 AM |
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We are going up, same time as yesterday. Maybe a new bull day.
Hitting $240 ? Resistance is $238. |
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YourMother
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June 09, 2015, 07:59:09 AM |
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Brewins
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June 09, 2015, 08:02:24 AM |
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We are going up, same time as yesterday. Maybe a new bull day.
Less than $10 rise a bull day. This must be the darkest time of bitcoin especulation |
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Fabrizio89
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June 09, 2015, 08:03:03 AM |
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So all this up was shorting closing, sadly the price didn't move much but shorts closed were a huge amount. If there is no followup things are not looking good at all
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ChartBuddy
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June 09, 2015, 08:57:28 AM |
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