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Author Topic: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)  (Read 2824 times)
drwho88888 (OP)
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July 07, 2013, 08:44:40 AM
 #1

Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.
m4ttanderson
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July 07, 2013, 08:56:48 AM
 #2

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.
bigdude
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July 07, 2013, 09:14:14 AM
 #3

Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...

steelboy
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July 07, 2013, 09:17:13 AM
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Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...

Lol
drwho88888 (OP)
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July 07, 2013, 09:32:51 AM
 #5

Great full page article about BTC in todays Sunday Times Business Section (UK). Lots of interesting stuff with the general theme being that BTC is stage one of an evolutionary process.

I like how you provided a link to the URL ...

LOL. There is no link. The Sunday Times Business Section is part of one of those old fashioned things called newspapers. Ask your parents what they were.
Moebius327
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July 07, 2013, 09:43:54 AM
 #6

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.
superduh
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July 07, 2013, 09:49:16 AM
 #7

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

you mean just how people hold empty plots of land in the center of cities and watch it appreciate in value? those bastards

ok
drwho88888 (OP)
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July 07, 2013, 10:06:08 AM
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Just buy, buy, buy and HOLD like a Spartan.



I don't know any rich Spartans
iANDROID
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July 07, 2013, 10:09:57 AM
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Just buy, buy, buy and HOLD like a Spartan.



I don't know any rich Spartans

Just wait 420 years, and Spartans II will be rich.
LiteCoinGuy
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July 07, 2013, 11:18:18 AM
 #10

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

+1
Oterwise its useless and Will never leave its early stage

drwho88888 (OP)
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July 07, 2013, 11:19:44 AM
 #11

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

+1
Oterwise its useless and Will never leave its early stage

That's true. BTC need turnover.
Epicurus
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July 07, 2013, 04:37:32 PM
 #12

$1,000, $10,000 will never be off the cards.

$200 was once unthinkable, well, to me Cheesy

Just buy, buy, buy and HOLD like a Spartan.

Bitcoin will never have any real value if everybody "holds like a Spartan". You should use it.

you mean just how people hold empty plots of land in the center of cities and watch it appreciate in value? those bastards

The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.
drwho88888 (OP)
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July 08, 2013, 07:01:22 AM
 #13

One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.
It would be interesting to hear of other stories from those who have been involved since the start. If there are any on this forum.
Come-from-Beyond
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July 08, 2013, 12:05:25 PM
 #14

Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC Huh
Inedible
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July 08, 2013, 12:11:37 PM
 #15

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$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC Huh

They only have around 10K Bitcoins.

If this post was useful, interesting or entertaining, then you've misunderstood.
qiang7390
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July 08, 2013, 01:21:29 PM
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BUY ALL~~
richard_dein
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July 08, 2013, 01:46:04 PM
 #17

The difference is that land has intrinsic value. Bitcoin has none. Its only long-term value is as a currency. Currencies have no value if they aren't used as means of exchange.
Unlike land that's expected to be associated with natural resources, the value of "empty land at the center of a city" is often based on the economic activity that surrounds the land. Roughly the same for Bitcoins.
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July 08, 2013, 01:49:55 PM
 #18

pics or it didn't happen  Smiley

Online24o0n
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July 08, 2013, 02:03:22 PM
 #19

They bought 20 million worth of BTC, do some research...

"Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present"
- Marcus Aurelius
finlof
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July 08, 2013, 02:26:03 PM
 #20

Quote
$10m worth of BTC to float on market by Winklevoss bros (of Facebook fame)

$10m ===> 10'000'000 BTC ===> +$1 for 1 BTC Huh

They only have around 10K Bitcoins.
more like 100k.  if they own 1% then 1% of 10 million is 100k.
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