LiteCoinGuy (OP)
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Merit: 1010
In Satoshi I Trust
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June 09, 2014, 09:59:37 AM |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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bryant.coleman
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Activity: 3654
Merit: 1217
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June 09, 2014, 10:19:01 AM |
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This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate.  |
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kjlimo
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Merit: 1031
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June 09, 2014, 06:24:34 PM |
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This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate. Amen! to da moon We'll see how long before a country starts to embrace bitcoin as a currency. |
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Ron~Popeil
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June 09, 2014, 07:23:01 PM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
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okthen
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June 09, 2014, 09:27:16 PM |
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Now the only thing we need is people with the same balls as this guy.
He'll make much more money than if he'd sell for fiat.
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kjlimo
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Activity: 2086
Merit: 1031
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June 10, 2014, 01:06:39 AM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
What do you think this is, 2016? |
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Ron~Popeil
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June 10, 2014, 02:12:31 AM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
What do you think this is, 2016?  Sorry I am getting a bit impatient. |
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bryant.coleman
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Merit: 1217
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June 10, 2014, 04:49:15 AM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
The owner (Mart Tang) is investing in Bitcoins. So it will be to their advantage if a large number of their customers shift to Bitcoin, there by increasing the exchange rate. |
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erono
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June 10, 2014, 05:13:19 AM |
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The CEO of Malaysian Online Retailer has been a big time supporter of bitcoin for a long time and he's able to absorb the risks.
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kjlimo
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Activity: 2086
Merit: 1031
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June 10, 2014, 06:57:13 AM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
What do you think this is, 2016? Sorry I am getting a bit impatient. I forgive you... you know what they say "Rome wasn't built in a day" |
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Ron~Popeil
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June 10, 2014, 07:25:41 AM |
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Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
What do you think this is, 2016? Sorry I am getting a bit impatient. I forgive you... you know what they say "Rome wasn't built in a day" Actually I should be patient, it will be a lot harder to come by as the value rises. |
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dockster
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June 10, 2014, 12:39:13 PM |
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They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?
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bryant.coleman
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Activity: 3654
Merit: 1217
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June 10, 2014, 01:53:25 PM |
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They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?
The Bitcoin sector in Malaysia is quite small, but very active. There are multiple Bitcoin ATMs located in Malaysia, and the so-called Bitcoin capital of Asia (Singapore) is just across the strait. |
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