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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032138 times)
cypherdoc (OP)
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December 11, 2014, 07:32:00 AM
 #18601

I was on the fence about buying a new Xbox.

This settles it.  Merry Christmas!
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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December 11, 2014, 09:57:19 AM
 #18602

Congrats to BitPay for bringing Microsoft into the fold.

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December 11, 2014, 10:30:35 AM
 #18603

Congrats to BitPay for bringing Microsoft into the fold.

Yes!  I wondered what had caused the jump in price when I looked at the charts in the morning ... this is a good reason.

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December 11, 2014, 10:41:00 AM
 #18604

Congrats to BitPay for bringing Microsoft into the fold.

Yes!  I wondered what had caused the jump in price when I looked at the charts in the morning ... this is a good reason.

Often new retail spending options depresses prices, but this should be different.  Software development and ease of use are very important for Bitcoin and there is a rumor that Microsoft does still develop software. Wink
It is a good thing for Bitcoin though, no matter what the price does.

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December 11, 2014, 10:59:36 AM
 #18605

Congrats to BitPay for bringing Microsoft into the fold.

Yes!  I wondered what had caused the jump in price when I looked at the charts in the morning ... this is a good reason.

Often new retail spending options depresses prices, but this should be different.  Software development and ease of use are very important for Bitcoin and there is a rumor that Microsoft does still develop software. Wink
It is a good thing for Bitcoin though, no matter what the price does.

Agreed, Microsoft is a big deal!

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December 11, 2014, 11:50:21 AM
 #18606

Congrats to BitPay for bringing Microsoft into the fold.

Yes!  I wondered what had caused the jump in price when I looked at the charts in the morning ... this is a good reason.

Often new retail spending options depresses prices, but this should be different.  Software development and ease of use are very important for Bitcoin and there is a rumor that Microsoft does still develop software. Wink
It is a good thing for Bitcoin though, no matter what the price does.

Of course.  But obviously there was also a quite strong short-term effect of the announcement on the price.  But yes, I think that in the long run, news like these are especially good to further the general adoption and development of the ecosystem.  (Which may not always be reflected in the short-term price movements.)

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December 11, 2014, 12:07:24 PM
 #18607

"This might also fast-track bitcoin corporate acceptance, companies will also start accepting bitcoin if they see that their software/service provider is accepting bitcoin."
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December 11, 2014, 12:08:57 PM
 #18608

"This might also fast-track bitcoin corporate acceptance, companies will also start accepting bitcoin if they see that their software/service provider is accepting bitcoin."

3DSecure failures cause big holiday headache for many French e-merchants:

http://www.rudebaguette.com/2014/12/11/recent-3dsecure-failures-big-holiday-headache-many-french-e-merchants/

bitcoin! Cheesy
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December 11, 2014, 12:23:13 PM
 #18609

"This might also fast-track bitcoin corporate acceptance, companies will also start accepting bitcoin if they see that their software/service provider is accepting bitcoin."

3DSecure failures cause big holiday headache for many French e-merchants:

http://www.rudebaguette.com/2014/12/11/recent-3dsecure-failures-big-holiday-headache-many-french-e-merchants/

bitcoin! Cheesy

That's a highly relevant article.  thanks!
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December 11, 2014, 02:13:34 PM
 #18610

https://news.ycombinator.com/item?id=8733510
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December 11, 2014, 02:31:38 PM
 #18611

http://blogs.microsoft.com/firehose/2014/12/11/now-you-can-exchange-bitcoins-to-buy-apps-games-and-more-for-windows-windows-phone-and-xbox/
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December 11, 2014, 02:51:55 PM
 #18612

http://m.bbc.com/news/technology-30377654
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December 11, 2014, 02:57:09 PM
 #18613

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December 11, 2014, 03:05:48 PM
 #18614

Meanwhile, the SOV function grinds onwards and upwards.
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December 11, 2014, 04:41:29 PM
 #18615

https://twitter.com/cypherdoc2/status/543082636424404992
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Bitcoin replaces central, not commercial, banks


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December 11, 2014, 06:40:28 PM
 #18616

Quote
Microsoft has a long-term vision for bitcoin, BitPay and the blockchain.
Sonny Singh, Bitpay

http://www.coindesk.com/bitpay-microsoft-aggressive-global-vision-bitcoin/

rocket, anyone?

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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December 11, 2014, 07:47:40 PM
 #18617

Quote
Microsoft has a long-term vision for bitcoin, BitPay and the blockchain.
Sonny Singh, Bitpay

http://www.coindesk.com/bitpay-microsoft-aggressive-global-vision-bitcoin/

rocket, anyone?


sure...



my favourite rocket pic
cypherdoc (OP)
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December 11, 2014, 08:53:33 PM
 #18618

where you gonna run?  i know where i'm runnin:

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December 11, 2014, 08:58:43 PM
 #18619

those junk energy bonds are going up in smoke:

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December 11, 2014, 09:40:48 PM
 #18620

gold bike:

https://www.youtube.com/watch?v=yWVKufHqEQQ
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