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Author Topic: You'd better sell when APPLE competes with bitcoin..  (Read 5665 times)
BCEmporium
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September 01, 2014, 10:22:45 PM
 #61

Who cares?
A payment system attached to a credit card is nothing new. Just the Apple fan boys will bite that, for the rest that's just another PayPal.

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NotLambchop
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September 01, 2014, 10:25:13 PM
 #62

^Pretty much this.
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September 01, 2014, 10:47:17 PM
 #63

You mean the same Apple that leave a brute-force system open and got its cloud hacked?  Roll Eyes Roll Eyes

I don't think that's how it works.  If my bank gets robbed/some ATM gets hacked, I don't lose any money.  I don't even lose money if someone cards me.  Or even if my PayPal gets compromised.  I don't need to worry about the nuts & bolts.
Unlike Bitcoin, there are entities backing those payment services.



As for banks and stuff, you just have 0's and 1's. Your a fool to think that if everyone ran to your bank right now, how much cash you think your going to get?

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September 01, 2014, 11:11:50 PM
 #64

^Gotcha.  My savings account is not kept in bundles of used 10s and 20s?  Ones and zeros you say?  You young people with your crazy souped-up Babbage engines.  What will you think of next!
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September 01, 2014, 11:17:23 PM
 #65

You mean the same Apple that leave a brute-force system open and got its cloud hacked?  Roll Eyes Roll Eyes

I don't think that's how it works.  If my bank gets robbed/some ATM gets hacked, I don't lose any money.  I don't even lose money if someone cards me.  Or even if my PayPal gets compromised.  I don't need to worry about the nuts & bolts.
Unlike Bitcoin, there are entities backing those payment services.



As for banks and stuff, you just have 0's and 1's. Your a fool to think that if everyone ran to your bank right now, how much cash you think your going to get?

in germany banks hold only 2% . if only 3% of the customers freak out... epic bank holiday.  Shocked
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September 01, 2014, 11:18:07 PM
 #66

Who cares?
A payment system attached to a credit card is nothing new. Just the Apple fan boys will bite that, for the rest that's just another PayPal.
I agree. Especially since apple allows bitcoin wallets on their devices and on the app store the overall adoption of bitcoin will likely (IMO) not be affected.
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September 01, 2014, 11:18:46 PM
 #67

^Gotcha.  My savings account is not kept in bundles of used 10s and 20s?  Ones and zeros you say?  You young people with your crazy souped-up Babbage engines.  What will you think of next!

So... you think your savings are stored at the bank and they pay you interest...  Grin Grin Grin

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NotLambchop
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September 01, 2014, 11:30:30 PM
 #68

Ain't that how it is?  I figured I bring my foldin' money to the bank, they stack it in neat little bundles, tie the bundles with bits of twine, carry them into that big shiny vault they got, add it all up nice and even on black Burroughs adding machine, and ...pay me for lettin' them do it.
But now you tell me it ain't so Huh
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September 02, 2014, 04:45:58 AM
 #69

Kills the prospects of new blood outside of certain degenerate gamblers and super-tech nerds. Yea, BTC does a lot of great things this doesn't do... but this kills the prospects of new blood outside of certain degenerate gamblers.
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September 03, 2014, 10:00:08 AM
 #70

old models of closed source and structured by centralist state legislation cannot into compete with BITCOIN Tech.


Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
giveBTCpls
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September 03, 2014, 11:37:21 PM
 #71

Apple is a centralized piece of shit. With the recent leaks of celebs pictures people is going to realize (and when i say people i say mainstream) how much of a dumb idea centralized things are, specially a CLOSED SOURCE CENTRALIZED CURRENCY or similar shit apple could come up to try to compete with Bitcoin. Absolutely bollocks.

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September 03, 2014, 11:56:27 PM
 #72

Apple is a centralized piece of shit. With the recent leaks of celebs pictures people is going to realize (and when i say people i say mainstream) how much of a dumb idea centralized things are, specially a CLOSED SOURCE CENTRALIZED CURRENCY or similar shit apple could come up to try to compete with Bitcoin. Absolutely bollocks.

Yes, I guess the recent hacking of i-cloud does post reputational risks to Apple. The trust factor on bitcoin might just go up a few notches.  Smiley
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September 03, 2014, 11:57:51 PM
 #73

old models of closed source and structured by centralist state legislation cannot into compete with BITCOIN Tech.



We are in the process of centralizing under state legislation... this post is a couple years late. Ooops!!!
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September 04, 2014, 12:25:20 AM
 #74

old models of closed source and structured by centralist state legislation cannot into compete with BITCOIN Tech.

We are in the process of centralizing under state legislation... this post is a couple years late. Ooops!!!

No we are not. Nobody will have state issued bitcoins.

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KaChingCoinDev
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September 04, 2014, 12:29:01 AM
 #75

Hope nobody's going to fall for Apple $#$#.

LOL, yet everyone I know has an Apple Iphone 5,5C,5S, or a Ipad, Ipad mini, etc.
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September 04, 2014, 02:27:58 PM
 #76

The only reason Apple may be even a slight threat to Bitcoin is because public who are not fully aware or do not understand bitcoin too well will more than likely go for what Apple is offering over Bitcoin. Bitcoin needs more exposure and needs more people on board and the public needs to see that bitcoin is not as bad as what some make it out to be.
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September 04, 2014, 08:01:02 PM
 #77

what has apple done since steve jobs has passed away? i don't follow them so thoroughly, but it doesn't seem like they've done anything of significance. imo, if they don't come out with anything groundbreaking, and top it off with a few flops, their stock could go down a good deal.
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September 04, 2014, 08:48:11 PM
 #78

what has apple done since steve jobs has passed away? i don't follow them so thoroughly, but it doesn't seem like they've done anything of significance. imo, if they don't come out with anything groundbreaking, and top it off with a few flops, their stock could go down a good deal.

They are slowly dying... without their salesman they are aiming to resume to be what they were.
And some groundbreaking stuff means nothing, Jobs invented nothing was just a good salesman.

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beetcoin
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September 05, 2014, 01:53:29 AM
 #79

what has apple done since steve jobs has passed away? i don't follow them so thoroughly, but it doesn't seem like they've done anything of significance. imo, if they don't come out with anything groundbreaking, and top it off with a few flops, their stock could go down a good deal.

They are slowly dying... without their salesman they are aiming to resume to be what they were.
And some groundbreaking stuff means nothing, Jobs invented nothing was just a good salesman.
i
i think they are too, but that remains to be seen. their stock has still been rising for years since he died. it's just that i see them holding stockpiles of cash and not really investing anything, so i don't think they're going to continue being innovative. it's just ipads and iphones annually, with insignificant technological advancements.
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September 05, 2014, 02:35:54 AM
 #80

Apple has nothing innovative left for their pretentious customer base *except* this new technology. If Apple bought Trezor and included it into iPhones, it would be their biggest win. They could sell high priced POS systems for their computer boutiques where customers can by a coffee for the price of what a poor asian family needs to eat for a week.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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