Lmao @ people buying subway and etc w/ BTC!!!

[Dafar]

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

[1713542607]

1713542607

[Damnsammit]

I only buy other BTCs with my BTC... that's how savvy I am.

[SaltySpitoon]

Unless no one spends their coins, in which case in a year or two your BTC will be worth 0

[beetcoin]

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

are you serious? when you buy BTC, just buy more by the amount you'd be willing to spend in cash. unless you're talking about people who are willing to starve themselves to become rich on BTC one day.

also encouraging people to hoard their BTC is not really going to help the value of yours.

[Moebius327]

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

Good that there are people like me that actually spend bitcoin and encourage merchants to accept it. Not even going to comment on the other crap you wrote.

[dominicwin]

There has to be buying and selling for it to work.

[knight22]

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

So your plan is to keep all your bitcoin and bring them with you in your tomb? Yeah, nice strategy.  

[jeppe]

I wouldnt work if no one was buying !

[Dafar]

Are you f***ing serious?? lol.... You do realize that in a year or two, that BTC you just spent is gonna be worth a lot more... congratulations, you just bought a sandwich for $300 LOL!! These stores are smart to accept bitcoins and store as much as they can early on

are you serious? when you buy BTC, just buy more by the amount you'd be willing to spend in cash. unless you're talking about people who are willing to starve themselves to become rich on BTC one day.

also encouraging people to hoard their BTC is not really going to help the value of yours.

You're right... Im glad more stores are accepting bitcoin and im glad people are spending it. I dont mean to encourage hoarding at all, however i wouldn't spend mine at this stage

[dominicwin]

It's with any currency, people go through hoarding (savings haha) and spending.

[jdbtracker]

There has to be movement for the coin to have value, otherwise the economy stagnates, no one can do anything with it, less and less people have it or know someone that does... It has to spread to a certain % for it to be valuable. the more people can easily get it, spread it, use it, the more opportunities there are to spend it as it grows, more pressure from millions more people. It will grow, yes but be smart about how you spend it, and the more stores accept it, the less it will be hoarded.

they just gotta get the coins in their hands, to see how valuable they are, It's just better money.

[Moebius327]

This OP

I used to have 10,000 bitcoins


spent it on shrooms in silkroad

[cfrm]

So you are glad that people are spending bitcoins and that more merchants are accepting it, but LYAO @ people spending their bitcoins. Next time turn your brain on before posting.

[porcupine87]

It's the same with every bitcoin you change against dollars, euros etc.

Imagine: You buy a 1000 facebook shares for 20$ each. Then with the price at 30 you sell. Nice, 10 000$ profit and you buy a nice car (30 000$). But in the year 2025 this facebook share is worth 1000$.  HAHA -> expensive car (assume the car cost the same).

The only way to escape from this: Never sell Bitcoins. Stick with it until you die!

[TTBit]

What if the merchant gives a 50% discount for using BTC?

Customer: gets $10 sandwich for $5. Spends $5 and gets more BTC
Merchant: gets $5 worth of bitcoins today, but will be worth $10+ with patience.

WIN-WIN. The advantages of a strong currency in action - encouraging work and production.

[btbrae]

I'd buy a subway sandwich for BTC then log on my computer and buy the equivalent back from the exchange.

[Sustainable]

Stop being a moron, this is a global effort not about cash.

[unequal]

those saying you shouldn't spend your bitcoins because it will make you rich one day should also be thinking, "hey why not have ONLY bitcoin and convert to fiat for purchases I cant make without bitcoin, and buy everything else with bitcoin"

you aren't going to stop eating, paying rent, going on vacation, going out with friends, living your life just because you want to hoard all the bitcoins you have. you will naturally begin to spend bitcoins as you need to and the bitcoin economy will flourish.

[jdbtracker]

What if the merchant gives a 50% discount for using BTC?

Customer: gets $10 sandwich for $5. Spends $5 and gets more BTC
Merchant: gets $5 worth of bitcoins today, but will be worth $10+ with patience.

WIN-WIN. The advantages of a strong currency in action - encouraging work and production.

Man, your awesome. if we can get a clear growth pattern happening that is a win-win for sure...
Wow I have to look into that.

http://blockchain.info/charts/trade-volume?showDataPoints=false&show_header=true&daysAverageString=1&timespan=all&scale=1&address=

The data on the logarithmic scale shows well supplied capital liquidity... and a clear growth pattern.

http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

total price is increasing but seems to have changed it's tempo, probably caused by media attention, there is a big lull when confidence was lost in 2011, but slowly returned.

As far as I can tell it's where it is supposed to be for the slope of growth at this time should be stable at 1000.00 by 2014.

yup very good idea

[RodeoX]

So your laughing at me for buying stuff at a discount? I buy bitcoins, wait a month, then go 1/2 price shopping. Hahaha...