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CaptainBeck
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May 25, 2014, 11:13:07 AM |
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price just jumped 5.5% in literally 21 minutes. do you suppose this is why?
Nope... there were some bulk purchases (each of them averaging around BTC1,000) in the BTC-E exchange. That might be one of the reasons. The other reason might be the success of Bitpay fundraising. Yeah, this has been out for a while, plus people in the know would know this stuff when it happens and they are the people likely to buy in volume like these 1000btc orders. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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May 25, 2014, 01:03:53 PM |
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Yeah, this has been out for a while, plus people in the know would know this stuff when it happens and they are the people likely to buy in volume like these 1000btc orders.
News such as this one will definitely have a positive impact on the buyers. Bitcoin has risen by close to 25% during the last 3-4 days. We just need another big news, to propel it over the $1,000 mark.  |
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CaptainBeck
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May 25, 2014, 03:12:55 PM |
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Yeah, this has been out for a while, plus people in the know would know this stuff when it happens and they are the people likely to buy in volume like these 1000btc orders.
News such as this one will definitely have a positive impact on the buyers. Bitcoin has risen by close to 25% during the last 3-4 days. We just need another big news, to propel it over the $1,000 mark. I'm hoping good BTC news are like buses, nothing for a while and then loads to surely bump that price. |
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Silly Money
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May 25, 2014, 03:31:32 PM |
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This is really great if not a little random for a promotion. Glad to see companies involving bitcoin though.
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CaptainBeck
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May 25, 2014, 03:51:45 PM |
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This is really great if not a little random for a promotion. Glad to see companies involving bitcoin though.
Its working thou, because now we are talking about bud, and coinbase gets pud drinkers talking about them. Some times the random ones work the best. |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 25, 2014, 09:30:52 PM |
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Dude!! I NEVER drink Bud! But this is HUGE!!!!!
Me neither. Just cool to see big businesses start accepting bitcoin for payment. |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Faince1985
Member
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Activity: 98
Merit: 10
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May 26, 2014, 05:32:01 AM |
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This is one big jump! There business is accepted and with that free 0.02 BTC people might actually try to understand it ( and a good chunck of people too considering how big the occasion is)
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bitsmichel
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May 26, 2014, 07:41:23 AM |
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This is one big jump! There business is accepted and with that free 0.02 BTC people might actually try to understand it ( and a good chunck of people too considering how big the occasion is)
Right on! Bitcoin going to the moon  |
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CaptainBeck
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May 26, 2014, 09:02:40 AM |
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This is one big jump! There business is accepted and with that free 0.02 BTC people might actually try to understand it ( and a good chunck of people too considering how big the occasion is)
Yeah, when members of the general public are being given some by a big brand, if only a few of them find out more and pick it up, that will still be a big post for crypto. |
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SirChiko
Legendary
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Activity: 966
Merit: 1000
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May 26, 2014, 09:07:45 AM |
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Good marketing move indeed...making beer brand spreading bitcoin is great!
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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open-mind
Newbie
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Activity: 98
Merit: 0
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May 26, 2014, 12:40:43 PM |
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Good marketing move indeed...making beer brand spreading bitcoin is great!
I agree! If there will be discount for buying beer using Bitcoins, I become the happiest men in the world! |
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Captain America
Newbie
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Activity: 25
Merit: 0
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May 26, 2014, 01:37:26 PM |
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I never liked budweiser, but I respect such market step.
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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May 26, 2014, 02:09:02 PM |
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I agree! If there will be discount for buying beer using Bitcoins, I become the happiest men in the world! Talking about the discount.... the merchants are at advantage here, as their expenses are reduced. So they can afford to give some serious discount. Take this example: Bud's profit margin is 10%, and Visa / Master takes away 3% of that. Now if they use Bitpay, this 3% is lowered to 0.5%. So instead of 7%, they are getting 9.5% profits. |
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Jesu
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May 26, 2014, 08:35:11 PM |
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This is really great if not a little random for a promotion. Glad to see companies involving bitcoin though.
Its working thou, because now we are talking about bud, and coinbase gets pud drinkers talking about them. Some times the random ones work the best. We might be talking about it but how many people will be talking about bitcoin because of it? It's all good though I suppose. |
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Bitcopia (OP)
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May 27, 2014, 02:19:28 AM |
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This is really great if not a little random for a promotion. Glad to see companies involving bitcoin though.
Its working thou, because now we are talking about bud, and coinbase gets pud drinkers talking about them. Some times the random ones work the best. We might be talking about it but how many people will be talking about bitcoin because of it? It's all good though I suppose. A lot. It's a much more significant and conversation worthy experience to receive and spend bitcoin than it is to read about it. In 2012, more than 80,000 people attended this festival. If the average attendee tells 3 friends about their experience with free bitcoins at the festival, and each of those people tell an average of 1 person, then 560,000 people will be talking about bitcoin because of it. Not to mention the people who read the press release. |
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jdun
Member
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Activity: 84
Merit: 10
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May 27, 2014, 06:18:48 AM |
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EtOH to the moon!!
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ENEWIT
Newbie
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Activity: 42
Merit: 0
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May 27, 2014, 02:03:06 PM |
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I agree! If there will be discount for buying beer using Bitcoins, I become the happiest men in the world! Talking about the discount.... the merchants are at advantage here, as their expenses are reduced. So they can afford to give some serious discount. Take this example: Bud's profit margin is 10%, and Visa / Master takes away 3% of that. Now if they use Bitpay, this 3% is lowered to 0.5%. So instead of 7%, they are getting 9.5% profits. I also believe that it is necessary to introduce discounts to promote Bitcoin and according to your calculation it is realizable |
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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May 27, 2014, 02:27:28 PM |
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Dude!! I NEVER drink Bud! But this is HUGE!!!!!
Me neither. Just cool to see big businesses start accepting bitcoin for payment. Will they accept LiteCoin for Bud Lite? This is really great if not a little random for a promotion. Glad to see companies involving bitcoin though.
Its working thou, because now we are talking about bud, and coinbase gets pud drinkers talking about them. Some times the random ones work the best. We might be talking about it but how many people will be talking about bitcoin because of it? It's all good though I suppose. A lot. It's a much more significant and conversation worthy experience to receive and spend bitcoin than it is to read about it. In 2012, more than 80,000 people attended this festival. If the average attendee tells 3 friends about their experience with free bitcoins at the festival, and each of those people tell an average of 1 person, then 560,000 people will be talking about bitcoin because of it. Not to mention the people who read the press release. It would be hard to overstate how important this news is for Bitcoin. A huge year has begun and I'm glad to be a part of it. |
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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May 27, 2014, 03:41:57 PM |
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Will they accept LiteCoin for Bud Lite? i loled |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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