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Sir Alpha_goy
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January 25, 2015, 11:11:58 PM
Last edit: December 12, 2015, 02:42:53 PM by Sir Alpha_goy |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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CtrlAltBernanke420
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January 25, 2015, 11:14:36 PM |
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Bitcoin and litecoin are both going to get a boost. I noticed what was a big deal in litecoin is that it stopped its cascade fall at the magical level of $1.05 Litecoin may not be much, but one litecoin is worth more than 1 dollar. I think that says a lot right there.
Bitcoin is going to see ALL supply dry up. The exchangers are probably trying to rise the price to bring in some supply for when things really get going.
Coinbase is sitting confident that bitcoin is going to be a big thing. And they have marketing scheme all planned out get a new rush of people on board. Do you remember when apple rolled out the IPHONE, do you remember all the commercials you saw. Well, bitpay, circle, coin base are going to have their day with the same shit.
Soon you will see some companies announce they are going to hold some bitcoin and not sell it for cash, this will only instill in people that bitcoin can be a store of value. And boom to the moon. It can happen. It will happen.
This isn't 1750, it is the year 2015, Bitcoin is overdue.
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inBitweTrust
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January 25, 2015, 11:59:29 PM |
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Seems like the press has already released the announcement... http://www.coindesk.com/coinbase-secures-approval-launch-regulated-us-bitcoin-exchange/FDIC insured USD will certainly attract a lot of day traders. What if Coinbase rolled out some stop loss features where they insured that you couldn't lose any value in Bitcoin? That could also assuage many that are spooked by volatility in BTC. Instantly lock in usd value that is fdic insured above your buy price! |
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crazyearner
Legendary
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Activity: 1820
Merit: 1001
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January 26, 2015, 12:18:55 AM |
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Bitcoin and litecoin are both going to get a boost. I noticed what was a big deal in litecoin is that it stopped its cascade fall at the magical level of $1.05 Litecoin may not be much, but one litecoin is worth more than 1 dollar. I think that says a lot right there.
Bitcoin is going to see ALL supply dry up. The exchangers are probably trying to rise the price to bring in some supply for when things really get going.
Coinbase is sitting confident that bitcoin is going to be a big thing. And they have marketing scheme all planned out get a new rush of people on board. Do you remember when apple rolled out the IPHONE, do you remember all the commercials you saw. Well, bitpay, circle, coin base are going to have their day with the same shit.
Soon you will see some companies announce they are going to hold some bitcoin and not sell it for cash, this will only instill in people that bitcoin can be a store of value. And boom to the moon. It can happen. It will happen.
This isn't 1750, it is the year 2015, Bitcoin is overdue.
Might be 2015 but I do not see much going on any time soon and to get BTC back to where it was along with LTC they both got a lot of work to do to getting back up their in the nice prices again but at the same time it could also go the opposite way. Who knows maybe 2015 will be the year that BTC falls to $30 and to be honest theirs not much stopping it from doing that right now among lots of exchanges. Who knows maybe coinbase reserves will come out to play with FIAT money and start buying up the cheap coins pumping prices back up but we shall see in 15 hours or less. |
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manselr
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January 26, 2015, 12:35:10 AM |
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Rather disappointing. Was hoping for something space-related. From my understand this is really big news. Now the really big fishes can start trading Bitcoin. There were rumors ranging from a Virgin partnership to launching their own nodes at space, so this is not as cool but well, good for LTC and DOGE holders. |
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fatguyyyyy
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January 26, 2015, 01:42:50 AM |
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coinbase never worked for me .. too slow, shitty service, too many docs .. thumbs down |
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cafucafucafu
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January 26, 2015, 01:53:21 AM |
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Let's hope that this reduces the price manipulation.
I know that this is good news but I am more interested in what BTC will do for consumers rather than traders. Anyhow one step at a time.
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seriouscoin
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January 26, 2015, 02:10:13 AM |
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Let's hope that this reduces the price manipulation.
I know that this is good news but I am more interested in what BTC will do for consumers rather than traders. Anyhow one step at a time.
Stupid, traders are one important aspect of Bitcoin Ecosystem. Without traders, you wont be able to price bitcoin. This is a big step for Bitcoin. |
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cr1776
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January 26, 2015, 02:21:37 AM |
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I looked but couldn't find a list of the states in which they'd been approved. I only saw the CA and NY mention.
Anyone see a full list?
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TrailingComet
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January 26, 2015, 02:27:09 AM |
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Indeed- fantastic news - wish I had bought more!
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inBitweTrust
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January 26, 2015, 02:32:21 AM |
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I looked but couldn't find a list of the states in which they'd been approved. I only saw the CA and NY mention.
Anyone see a full list?
http://blog.coinbase.com/post/107618322282/usd-wallets-in-7-more-statesAt least 22 states and 1 US territory. ...more announced probably monday. Alabama (AL) Iowa (IA) Kansas (KS) Mississippi (MS) New Hampshire (NH) New York (NY) North Dakota (ND) Arkansas (AR) California (CA) Delaware (DE) Georgia (GA) Idaho (ID) Illinois (IL) Indiana (IN) Massachusetts (MA) Missouri (MO) Montana (MT) New Mexico (NM) Puerto Rico (PR) South Carolina (SC) Washington (WA) Wisconsin (WI) West Virginia (WV) |
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cafucafucafu
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January 26, 2015, 02:56:19 AM |
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Let's hope that this reduces the price manipulation.
I know that this is good news but I am more interested in what BTC will do for consumers rather than traders. Anyhow one step at a time.
Stupid, traders are one important aspect of Bitcoin Ecosystem. Without traders, you wont be able to price bitcoin. This is a big step for Bitcoin. Don't disagree with the role of traders. I am happy for this. I am just more interested in the other roles of btc. |
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cr1776
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January 26, 2015, 03:08:52 AM |
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Those lists aren't for the exchange though, unless there is overlap between wallets and the exchange which they didn't say. The wsj article just lists CA and NY. Perhaps they are the same, but I haven't seen a list for the exchange or coinbase saying they are equivalent. |
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inBitweTrust
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January 26, 2015, 03:12:03 AM |
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Those lists aren't for the exchange though, unless there is overlap between wallets and the exchange which they didn't say.
The wsj article just lists CA and NY. Perhaps they are the same, but I haven't seen a list for the exchange or coinbase saying they are equivalent.
It is the same list due to regulations . In order for coinbase to allow you to store usd in their wallet and buy and sell BTC instantly they need state MSB Licenses. They started allowing people within those states to test a limited exchange functionality early back in dec. They will likely add a few more tomorrow. |
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koshgel
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January 26, 2015, 03:23:38 AM |
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$300 looked so far away a week ago and now about to bust through.
Having a legitimate Bitcoin exchange based in the US is huge news
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seriouscoin
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January 26, 2015, 03:27:20 AM |
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b4 going to the moon, we need to get on the train first  |
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chaoman
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January 26, 2015, 03:39:24 AM |
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fuck the moon we're going to mars
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nextblast
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January 26, 2015, 06:45:19 AM |
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This is very good news. Soon the moon will be full of btcers.  First it was the Gemini news. Then this Coinbase news. No wonder the price got a nice little pump. |
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