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Author Topic: Christmas trade?  (Read 1036 times)
eXclusiveOR (OP)
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October 14, 2013, 07:53:04 PM
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The question is simple: will we see such a thing in the Bitcoin world this Christmas?
I know, I know...it's not the first Christmas for Bitcoin. But I think a lot has changed since last time in the commercial sector around Bitcoin, there are more shops and vendors that offer real and virtual goods and accept Bitcoins as payment.
Also there could be a peak in sales for Bitcoin vouchers or printed Bitcoins. Maybe people give each other some Bitcoin as an investment gift like you would give them a special coin that could rise in value some day? People could be buying physical Bitcoins instead or gift cards with a QR code to a private key, all of these are already available.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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October 14, 2013, 11:08:34 PM
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The question is simple: will we see such a thing in the Bitcoin world this Christmas?
I know, I know...it's not the first Christmas for Bitcoin. But I think a lot has changed since last time in the commercial sector around Bitcoin, there are more shops and vendors that offer real and virtual goods and accept Bitcoins as payment.
Also there could be a peak in sales for Bitcoin vouchers or printed Bitcoins. Maybe people give each other some Bitcoin as an investment gift like you would give them a special coin that could rise in value some day? People could be buying physical Bitcoins instead or gift cards with a QR code to a private key, all of these are already available.

It is indeed not the first Bitcoin Christmas.  Look at historical charts for some insight Wink.

https://www.bitcoin.org/bitcoin.pdf
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October 15, 2013, 01:40:32 PM
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Im guessing Bitcoin price drop as people cash out to buy Christmas present and cheap GPU Smiley

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October 15, 2013, 11:39:30 PM
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Will it see the return of Santaoshi? https://bitcointalk.org/index.php?topic=133299.0

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October 16, 2013, 03:39:15 AM
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SANTAoshi? Cute.

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October 16, 2013, 04:02:23 PM
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We make more and more bitcoin sales every month. Hopefully Christmas in the Bitcoin world is good this year. We have lots to offer in the gift department!  Grin

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October 16, 2013, 04:43:38 PM
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The difficulty dropped last year that led to the boom.  in 3 years there will be another rally when the difficuly again drops and bitcoin becomes a real low inflation currency.
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October 16, 2013, 05:35:20 PM
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How do you know it will happen in 3 years? Has Marty mc fly come for a visit from the future or is it just speculations?
Santaoshi may come for a visit for me this year too because i have been so kind!

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October 16, 2013, 06:14:02 PM
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How do you know it will happen in 3 years? Has Marty mc fly come for a visit from the future or is it just speculations?
Santaoshi may come for a visit for me this year too because i have been so kind!

Because that's how Bitcoin is designed.  The block subsidy halves every four years, and last year was the first halving.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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