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Author Topic: Dell is now accepting bitcoins? WOW  (Read 1766 times)
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September 02, 2014, 03:54:08 PM
 #21



Was good news but days ago.
Not such good news, well it's good as bitcoin will get more popularity, but it also means more dumping as dell needs fiat to work with.

But don't you think the short term dumps are worth the long term upside of such a well known and respected company like Dell showing interests in Bitcoin?  Isn't this what we really all want to see happen or is their a better option you maybe had in mind?  I've hear people say this is not so good but I'm not sure I understand why they feel that way and would like to understand their perspectives better.

Can't we now go to local shops or the press and say hey did you know xy and z companies accept Bitcoin and you should also?  Isn't the upside worth a few dumps which to me means cheap coins aren't completely out of the picture.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 07, 2014, 02:04:38 PM
 #22

With all these merchants jumping on the bitcoin bandwagon don't expect the price to be going up any time soon.
Massive downward pressure will come from this.
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