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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1953159 times)
Hunyadi
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December 11, 2014, 10:59:36 AM
 #18621

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
 #18622

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
 #18623

"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
 #18624

"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
 #18625

"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
 #18626

https://news.ycombinator.com/item?id=8733510
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December 11, 2014, 02:31:38 PM
 #18627

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
 #18628

http://m.bbc.com/news/technology-30377654
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December 11, 2014, 02:57:09 PM
 #18629

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December 11, 2014, 03:05:48 PM
 #18630

Meanwhile, the SOV function grinds onwards and upwards.
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December 11, 2014, 04:41:29 PM
 #18631

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
 #18632

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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
 #18633

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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
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December 11, 2014, 08:53:33 PM
 #18634

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

cypherdoc
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December 11, 2014, 08:58:43 PM
 #18635

those junk energy bonds are going up in smoke:

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December 11, 2014, 09:40:48 PM
 #18636

gold bike:

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

"between 'lives' we all have a great laugh about the parts we have performed in the 'play', and look forward to and have great fun preparing the next chapters to act out."
BlindMayorBitcorn
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December 12, 2014, 02:18:43 AM
 #18637

Can anybody take credit for this? I snipped it without the author. Pretty sure I got it here.

"Gold's chemical, electrical, and even some of its physical properties make it such that its rarity is the only thing keeping humans from using it in a variety of ways on a daily basis.

If gold were as common as dirt, it would be coating our flatware; inside our electronics (much more so than now!); adorning our books, paintings and clothing; inside our bodies (teeth, metal plates and rods, etc.); within most places of manufacture; and would just generally be the second most-used metal next to iron.

Gold's intrinsic value is why it became desirous enough to start being used as money in the first place."

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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December 12, 2014, 03:13:27 AM
 #18638

some highlights from the latest budget deal

Quote
As presented earlier in the week, the 1,600 page bill also includes a number of provisions intended to gain votes from both parties, including:



  • increasing the amount an individual person can contribute to a national political party from $32,400 to $324,000
  • blocks the District of Columbia from using its own funds to set up regulatory systems for marijuana legalisation
  • measures that would significantly weaken new regulations about risky financial instruments called swaps
  • blocking certain Environmental Protection Agency (EPA) regulations
  • cuts in the budgets of the EPA and the US tax agency
  • increases in the budget for Wall Street regulation agencies, including the Securities and Exchange Commission.




http://www.bbc.com/news/world-us-canada-30443960

its official USA Oligarchy corp is running this ship aground. Where are the lifeboats kept?
Adrian-x
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December 12, 2014, 04:03:35 AM
 #18639

some highlights from the latest budget deal

Quote
As presented earlier in the week, the 1,600 page bill also includes a number of provisions intended to gain votes from both parties, including:



  • increasing the amount an individual person can contribute to a national political party from $32,400 to $324,000
  • blocks the District of Columbia from using its own funds to set up regulatory systems for marijuana legalisation
  • measures that would significantly weaken new regulations about risky financial instruments called swaps
  • blocking certain Environmental Protection Agency (EPA) regulations
  • cuts in the budgets of the EPA and the US tax agency
  • increases in the budget for Wall Street regulation agencies, including the Securities and Exchange Commission.


http://www.bbc.com/news/world-us-canada-30443960

its official USA Oligarchy corp is running this ship aground. Where are the lifeboats kept?

Survival kits on there way.
http://goldsilver.com/news/treasury-department-seeking-survival-kits-for-bank-employees/

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
BldSwtTrs
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December 12, 2014, 05:57:35 AM
 #18640

Cypherdoc, apparently Nick Szabo disagree with you and think blockchains will be useful for something else than money: http://unenumerated.blogspot.fr/2014/12/the-dawn-of-trustworthy-computing.html

It's also worth noting this part, which seems to target PoS coins:
Many other decentralized or peer-to-peer (P2P) technologies do not provide anything close to the security and reliability provided by a block chain protected by full Byzantine or Nakamoto consensus and cryptographic hash chains, but deceptively style themselves as block chains or cryptocurrency.
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