CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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December 11, 2014, 06:16:11 AM |
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Big companies accepting bitcoins hardly made wonders for bitcoin price recently, isn't it?
They will when they figure out the real benefits, such as saving millions of dollars a year in processing fees and all sales are final (irrereversible transactions) and such minor details like that
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fewcoins
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December 11, 2014, 06:19:51 AM |
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in future we will see more big merchants looking into bitcoin as payment option
This isn't a good this with the current way they get paid (USD) Big companies accepting bitcoins hardly made wonders for bitcoin price recently, isn't it?
It actually has a huge negative effect on the price for many reasons... This high pop we got to $360ish~ because of this news is going to hurt even more tomorrow morning
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CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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December 11, 2014, 06:29:50 AM |
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in future we will see more big merchants looking into bitcoin as payment option
This isn't a good this with the current way they get paid (USD) Big companies accepting bitcoins hardly made wonders for bitcoin price recently, isn't it?
It actually has a huge negative effect on the price for many reasons... This high pop we got to $360ish~ because of this news is going to hurt even more tomorrow morning Do you never get tired of being wrong? Lol
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Muuurrrrica!
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Activity: 84
Merit: 11
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December 11, 2014, 06:32:03 AM |
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doesn't even pump as high as paypal. The dump will be brutal ... beartrend remains. Back to the old discussions. Crying 'to the moon' not soon. No steam.
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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December 11, 2014, 06:34:14 AM |
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now the despair sets in
I think that it still is in the denial phase, far from despair.
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fewcoins
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December 11, 2014, 06:37:03 AM |
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in future we will see more big merchants looking into bitcoin as payment option
This isn't a good this with the current way they get paid (USD) Big companies accepting bitcoins hardly made wonders for bitcoin price recently, isn't it?
It actually has a huge negative effect on the price for many reasons... This high pop we got to $360ish~ because of this news is going to hurt even more tomorrow morning Do you never get tired of being wrong? Lol Can you point me a time I was EVER wrong??? My account size can prove otherwise. I can tell you have no idea how to trade... Keep buying all the expensive coins I sell you fool.
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Nagle
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Merit: 1002
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December 11, 2014, 06:59:13 AM |
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Microsoft is not accepting Bitcoin for Microsoft products. Microsoft is only accepting Bitcoin for Microsoft partners who sell through Microsoft's online store system. From the Microsoft page: "You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time."
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fewcoins
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December 11, 2014, 07:23:52 AM |
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Microsoft is not accepting Bitcoin for Microsoft products. Microsoft is only accepting Bitcoin for Microsoft partners who sell through Microsoft's online store system. From the Microsoft page: "You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time."
So why would they do that if bitcoin is so good or if Gates really liked it that much... Why aren't they invested in it or at least buying some??? If there was the slightest chance we could hit $1,000+ per coin again don't you think they would buy some? Don't you think the government would have held on? Maybe all these people already know the end is here... Maybe that's why that ETF is not coming out in its current form. The jig is up!
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hiddensphinx
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Activity: 1457
Merit: 1001
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December 11, 2014, 07:25:52 AM |
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Watching closely to see if Google and Apple follow Microsofts footsteps
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CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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December 11, 2014, 08:17:56 AM |
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Microsoft is not accepting Bitcoin for Microsoft products. Microsoft is only accepting Bitcoin for Microsoft partners who sell through Microsoft's online store system. From the Microsoft page: "You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time."
So why would they do that if bitcoin is so good or if Gates really liked it that much... Why aren't they invested in it or at least buying some??? If there was the slightest chance we could hit $1,000+ per coin again don't you think they would buy some? Don't you think the government would have held on? Maybe all these people already know the end is here... Maybe that's why that ETF is not coming out in its current form. The jig is up! keep on grasping at those strawz lol
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relm9
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December 11, 2014, 08:25:53 AM |
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Microsoft is not accepting Bitcoin for Microsoft products. Microsoft is only accepting Bitcoin for Microsoft partners who sell through Microsoft's online store system. From the Microsoft page: "You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time."
But they don't rule out the possibility, hence the "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." Either way it doesn't matter, the fact Microsoft is associating itself with Bitcoin at all adds credibility, and - over time - is going to pique interest from a broader audience. I don't know if we'll see a huge rally now. That depends if speculators want to pump it. But long-term this is very healthy for Bitcoin.
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fonsie
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December 11, 2014, 08:26:28 AM |
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what you do if it dumps on the news? (like paypal)
This is what happens after every big news pop... I just cashed out & started opening shorts... I made a shit load of money shorting the paypal pop & I think the same is possible here. No, you did not, you are just telling us you did.
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I decided to no longer use a signature, because people were trolling me about it.
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Newbie1022
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December 11, 2014, 08:39:09 AM |
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what you do if it dumps on the news? (like paypal)
This is what happens after every big news pop... I just cashed out & started opening shorts... I made a shit load of money shorting the paypal pop & I think the same is possible here. No, you did not, you are just telling us you did. Do you think this pop has popped? Like, I'd definitely want to do the same thing, but up 25 on this news seems... seems light. Like I'd expect more pop? This shit is definitely going down in the big scheme... but where is the rest of the pop?
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fonsie
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December 11, 2014, 08:47:11 AM |
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what you do if it dumps on the news? (like paypal)
This is what happens after every big news pop... I just cashed out & started opening shorts... I made a shit load of money shorting the paypal pop & I think the same is possible here. No, you did not, you are just telling us you did. Do you think this pop has popped? Like, I'd definitely want to do the same thing, but up 25 on this news seems... seems light. Like I'd expect more pop? This shit is definitely going down in the big scheme... but where is the rest of the pop? I'm just telling that mr fewcoins is lying and didn't earn a shit load of money. If he did he wouldn't be buying a cheap-ass windows 8 notebook. He's just a poor troll working for a few $/hour.
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I decided to no longer use a signature, because people were trolling me about it.
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zetaray
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December 11, 2014, 08:58:22 AM |
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This is big. Microsoft is one of the largest company in the world and they are slowly accepting bitcoin. The next big one should be Apple.
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grappa_barricata
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playing pasta and eating mandolinos
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December 11, 2014, 09:00:55 AM |
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Do you think this pop has popped? Like, I'd definitely want to do the same thing, but up 25 on this news seems... seems light. Like I'd expect more pop? This shit is definitely going down in the big scheme... but where is the rest of the pop?
It has overshooted, and even if this is the start of a week of uptrend it has to come down a bit. Or it can also be a fricking bull trap. Safer thing to do then is shorting (but don't fall in love with that). Incidentally, that is not what most will do after this movement - this is another confirmation for me usually, i'm a bit of a contrarian. 10% here, 10% there and we earn ourselves a very merry christmas - and you go home after a hard day of trading with the satisfaction of having helped the price discovery process. Muhahaha
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Fortune cannot take away what she has not given.
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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December 11, 2014, 09:06:40 AM |
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A casino won't get a lot of new customers, just because the grocery store on next street started to accept their chips as direct payment.
Bitcoin is a gimmick for payment and the main attraction lies in speculation. So, news of new payment opportunities always have little effect. That's the hard truth about bitcoin and merchant adoption.
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Elwar
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Viva Ut Vivas
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December 11, 2014, 09:42:59 AM |
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Merchant adoption, even if they convert from bitcoins to dollars is all about the amount of time Bitcoin is held thanks to them accepting bitcoins.
If 365 people use one bitcoin that goes from dollars to bitcoin back to dollars over the course of one day, that is the equivalent of one person holding 1 bitcoin for the whole year.
The longer the period, the more people, the less bitcoins available for people on the exchange, the higher the price.
When there was only one option...a pizza, it was such a small portion of the whole bitcoin supply that 10,000 bitcoins were required for the transaction. If there are a large amount of merchants accepting and requiring bitcoin to be held for slightly longer amounts of time, the less the supply for people who want to buy.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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exocytosis
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December 11, 2014, 11:08:23 AM |
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This "good" bit of news means we're going sub 300 by next week. A huge dump is incoming.
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klee
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December 11, 2014, 11:29:43 AM |
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Just in case anyone needs a reminder, Microsoft is the 3rd largest company in the world (by market-cap), and more than 10x larger than the prior biggest bitcoin-accepting company (Dish Network, at $32B).
Who is No1 and No2??
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