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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Taborresen (OP)
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June 07, 2013, 04:26:57 PM |
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Ah Copy. My bad. Good to see someone following up.!  |
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wopwop
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June 07, 2013, 04:31:34 PM |
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Holy shit
That's the worse news for Bitcoin this year so far
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kokojie
Legendary
 Offline
Activity: 1806
Merit: 1003
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June 07, 2013, 04:31:50 PM |
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Read this: http://www.coindesk.com/apple-to-create-virtual-currency-imoney/What do you think?? I think they should thread really carefully with this. They block bitcoin related apps in App Store and then they go and do this. I am an Apple fan and have some apple products but this..... Well. Not sure... What do you think? TAB Whatever they create will be technically inferior, but instantly 10X more popular than Bitcoin. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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glendall
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Activity: 2100
Merit: 1018
Sugars.zone | DatingFi - Earn for Posting
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June 07, 2013, 04:45:39 PM |
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Really bad news.
Apple does as much patent trolling as anyone so I easily see them leveraging their somewhat ambiguous patent as tool to shut down competing payment processors.
Not to mention, if they do follow through with it, the hordes upon hordes of Apple fans who'll buy anything they sell because it's a style statement will end up perhaps negatively affecting Bitcoin's popularity.
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Taborresen (OP)
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June 07, 2013, 04:57:08 PM |
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Read this: http://www.coindesk.com/apple-to-create-virtual-currency-imoney/What do you think?? I think they should thread really carefully with this. They block bitcoin related apps in App Store and then they go and do this. I am an Apple fan and have some apple products but this..... Well. Not sure... What do you think? TAB Whatever they create will be technically inferior, but instantly 10X more popular than Bitcoin. Very True. |
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CtrlAltBernanke420
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June 07, 2013, 05:05:44 PM |
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Whatever they create will be technically inferior, but instantly 10X more popular than Bitcoin.
[/quote]
Not if bitcoin starts a high level, professional marketing campaign slamming these new corporate currencies, showing its strong properties.... which are, 1hr transaction times, security weakness, technical.,
WE KNOW WE ARE GOING TO SEE MORE corporate currencies.
Keep holding your precious bitcoins, and whatver you do not spend them, dont tell anyone you own them... Fuckin idiots some of you are if you think bitcoin will win in the face a mega titans like aapl without competing with marketing.
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Moebius327
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June 07, 2013, 05:07:01 PM |
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In the next 1 year not only apple will try to release a currency of their own.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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June 07, 2013, 07:03:33 PM |
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One thing is for sure. However wants to build a serious digital currency has to make sure that there is no dependency on any institution etc
Who would take a currency for granted that what be gone if the underlying company is gone too? A currency that relies on the fate of a stock price wont be able to succeed.
Decentralisation and therefore trust is requirement for every currency that wants to be taken seriously.
In other words i dont want to own a currency that advances and declines inline with apples stock price.
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franky1
Legendary
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Activity: 4200
Merit: 4447
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June 07, 2013, 07:15:45 PM |
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it doesnt have a blockchain.. so its just another world of warcraft gold/facebook credit/amazon coin...
created out of thin air and centralised.. not really a threat to bitcoin just a way to reduce international licence fee's by doing all of their FIAT transactions from one office and use the other international offices for their special coin transactions.
plus only really useful for itunes customers.
so not really a new economy creator either
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Mike Christ
aka snapsunny
Legendary
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Activity: 1078
Merit: 1003
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June 07, 2013, 07:20:44 PM |
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it doesnt have a blockchain.. so its just another world of warcraft gold/facebook credit/amazon coin...
created out of thin air and centralised.. not really a threat to bitcoin just a way to reduce international licence fee's by doing all of their FIAT transactions from one office and use the other international offices for their special coin transactions.
plus only really useful for itunes customers.
so not really a new economy creator either
Basically this. Unless we're trying to say that giftcards are the new Bitcoin killer, there's no point in flipping out. |
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mgio
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June 07, 2013, 07:23:54 PM |
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Not at all a threat to bitcoin because I'm guessing it won't be able to do many of the things bitcoin can do.
I bet it will be a "virtual currency" that you can only use on Apple apps and maybe iTunes music.
It will probably be pegged to the dollar.
You probably won't be able to trade it back for dollars.
You probably won't be able to give it to other people.
It is actually good news because it might bring more press to Bitcoin.
Apple hasn't done anything innovative since Steve Jobs died and I doubt it will start now.
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BitcoinAshley
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June 07, 2013, 07:27:11 PM |
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Not a threat to bitcoin. Calling it a "currency" is a bit of a stretch. Like "Amazon Coins," it's basically an Apple giftcard.
But wopwop's reaction was just hilarious. Dude you need to take a chill pill if Apple Gift Cards look like the "worst threat to bitcoin this year."
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foggyb
Legendary
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Activity: 1652
Merit: 1006
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June 07, 2013, 07:33:12 PM |
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Keep holding your precious bitcoins, and whatver you do not spend them, dont tell anyone you own them... Fuckin idiots some of you are if you think bitcoin will win in the face a mega titans like aapl without competing with marketing.
Holy shit
That's the worse news for Bitcoin this year so far
Welcome to my ignore list. Muppet. Muppets. |
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wtfvanity
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June 07, 2013, 08:00:13 PM |
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Not a threat to bitcoin. Calling it a "currency" is a bit of a stretch. Like "Amazon Coins," it's basically an Apple giftcard.
But wopwop's reaction was just hilarious. Dude you need to take a chill pill if Apple Gift Cards look like the "worst threat to bitcoin this year."
I'm reading down the responses and was amazed it took so long for someone to mention the idiot. lol. wtf....  |
WTF! Don't Click Here
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bitcoinanon
Member
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Activity: 71
Merit: 10
The way of the future...
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June 08, 2013, 12:09:35 AM |
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Leave it to the Patent whores to try and steal the spotlight. I am glad the Bitcoin community is not involved with Apple. Let them spend their millions on creating more terribly restricting products and stolen designs. BTC belongs in the open source community and the two communities are doing well to build each other up. We'll all just point and laugh as the iMoney (or digital monopoly money) falls with the other fiat currencies.
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pornluver
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June 08, 2013, 01:00:37 AM |
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Soon bitcoins will violate some patents and government will use it to shut it down but can't.
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oakpacific
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June 08, 2013, 02:17:32 AM |
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Not a threat at all, for one thing people would not be able to trade imoney, it has to be pegged to USD, so it will go up and fall with it. And no merchant will accept something Apple can basically just "print".
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