allthingsluxury
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Activity: 1540
Merit: 1029
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February 17, 2015, 03:31:49 PM |
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The hoarding mentality is still deeply in place, this isn't entirely a bad thing. There are however a steady base that continues to spend their BTC's.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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saddampbuh
Legendary
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Activity: 1078
Merit: 1014
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February 17, 2015, 03:36:13 PM |
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don't own a cellphone or any mobile device with internet so not possible
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Be radical, have principles, be absolute, be that which the bourgeoisie calls an extremist: give yourself without counting or calculating, don't accept what they call ‘the reality of life' and act in such a way that you won't be accepted by that kind of ‘life', never abandon the principle of struggle.
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ChuckBuck
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February 17, 2015, 10:47:06 PM |
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I'm ready and willing provided I don't have to wait 6 confirmations for a larger purchase to go through. I know for smaller ones, the payment processors can set it to zero, since there's less risk, but if I'm buying something substantial, I need to know it went through sooner.
Otherwise, I'll have to look into Gyft, Purse.io, and Brawker to act as a middleware of sorts, since direct purchases are still not quite ready for primetime.
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WhalingWhales
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February 17, 2015, 10:53:44 PM |
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To me Bitcoin is not for a coffee purchase or cigarettes or anything small and never will be, maybe litecoin or doge will be good for that. Bitcoin to me will be for anything you would usually buy online with a creditcard, its safer to not have details all over the place it is quicker and with smartcontracts could even buy a house or car, holidays etc But i will not be spending the in the local store of coffee shop   |
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15Lemon714
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February 17, 2015, 11:02:07 PM |
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I feel like gollum and will not be giving up 'my precious' for quite a few years yet, this is an investment for the long term and i am sure would regret spending my coin on small bits and bobs when a few months later it would work out that i paid $50 a coffee or something lol I have invested in this like you would investing in stocks, you do not go spend stocks on a regular so i will not start with bitcoin thank us hoarders we help the price rise threw lack of availability.
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go1111111
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February 18, 2015, 12:03:51 AM |
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Paying with Bitcoin has several disadvantages now. If I use my credit card, I get 2% cash back. if I use bitcoin, I have to pay 1% because at some point I need to convert my cash to Bitcoin.
If Bitcoin is better for merchants, then they should be willing to offer users a discount to buy with Bitcoin. If merchants gave me a 5% discount to buy with BTC, I would. Assuming the percentage they lose to chargebacks is at least 2%, this could be profitable for them (2% for chargebacks, + 3% to the credit card companies that they're saving).
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cellard
Legendary
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Activity: 1372
Merit: 1250
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February 18, 2015, 02:10:50 AM |
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I feel like gollum and will not be giving up 'my precious' for quite a few years yet, this is an investment for the long term and i am sure would regret spending my coin on small bits and bobs when a few months later it would work out that i paid $50 a coffee or something lol I have invested in this like you would investing in stocks, you do not go spend stocks on a regular so i will not start with bitcoin thank us hoarders we help the price rise threw lack of availability.
This. My BEEEEEEEEEEEEEEEEEE TYYY SEAA I cant give up btc, its like giving up gold. |
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andulolika
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Activity: 2310
Merit: 1047
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February 18, 2015, 03:03:42 AM |
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I have blockchain on the phone and i cannot wait to enter somewhere and see the btc icon.
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Q7
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February 18, 2015, 07:49:32 AM |
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I carry a small amount in my phone and have so far made online purchases. I'm the type that hoard my coins not selling back to fiat but spend at the same time. When price is low i buy to increase my stash size.
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Stellaartois
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February 18, 2015, 01:28:26 PM |
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I reckon that the more btc gets accepted the less the price will be as will be well recognized
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