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re: What happened to BitCoin?
Posted on 8/27/14 at 8:41 am to terd ferguson
Posted on 8/27/14 at 8:41 am to terd ferguson
Watch out terd, he'll butt-check you with the quickness.
Posted on 8/27/14 at 8:42 am to Darth_Vader
quote:
What happened to WikiTiger?
quote:
What do you think a bitcoin will be worth at the end of 12/31/2014?
My prediction: $5250.00
LINK
Posted on 8/27/14 at 8:43 am to Rickety Cricket
quote:
Watch out terd, he'll butt-check you with the quickness.
How about you two peter puffers go and blow each other and leave me alone.
Posted on 8/27/14 at 8:44 am to Choctaw
quote:
used to be 2-3 threads a week about BitCoin and how it was the wave of the future. what happened?
We're still feeling the negative effects of the exchange regulation decision made by Lawsky and the NY DFS in late July.
Bitcoin will go back up, but this rebound might take another month or two.
Right now its trading at $515.
It's been as low as $390 this year, and recently as high as $800.
Depending on how you look at, this would not be a bad time to buy, if you enjoy the wild ride of Bitcoin speculation.
So many big companies are now accepting it as payment- Overstock, Expedia, etc., and eBay/PayPal is on the way, and as acceptance increases (and it will), you'll see the valuation rebound.
Posted on 8/27/14 at 8:45 am to colorchangintiger
quote:
It's not meant to be compete with Dow Jones. It's meant to be a decentralized way to exchange for goods and services.
Fair enough, but we already have dollars for that purpose.
Posted on 8/27/14 at 8:48 am to SportsGuyNOLA
quote:None of those companies accept bitcoin.
So many big companies are now accepting it as payment- Overstock, Expedia, etc., and eBay/PayPal
They provide links to a bitcoin exchange that the buyer sends bitcoin to and the exchange pays those companies in U.S. dollars.
Posted on 8/27/14 at 8:48 am to foshizzle
quote:
we already have dollars for that purpose.
dollars are not decentralized.
Posted on 8/27/14 at 8:49 am to SportsGuyNOLA
quote:
So many big companies are now accepting it as payment- Overstock, Expedia, etc., and eBay/PayPal is on the way, and as acceptance increases (and it will), you'll see the valuation rebound.
This is the canned response to any bitcoin detractor's remarks.
Posted on 8/27/14 at 8:49 am to Choctaw
tech board
money board
political board
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eta:
gaming board
ticket exchange board
fantasy sports board
money board
political board
soccer board
eta:
gaming board
ticket exchange board
fantasy sports board
This post was edited on 8/27/14 at 8:50 am
Posted on 8/27/14 at 8:50 am to Darth_Vader
Damn man... I said it was an excellent question. Why you getting all mad and shite?
ftr you couldn't squeeze those hips into skinny jeans with a bucket of WD40 and a crowbar.
ftr you couldn't squeeze those hips into skinny jeans with a bucket of WD40 and a crowbar.
Posted on 8/27/14 at 8:51 am to colorchangintiger
quote:
dollars are not decentralized.
Why does this matter?
I have practically all my assets in real estate, funds, a car, etc. Why would I care where dollars come from provided I can easily get them by selling something?
Posted on 8/27/14 at 8:52 am to LSURussian
quote:
quote:
So many big companies are now accepting it as payment- Overstock, Expedia, etc., and eBay/PayPal
None of those companies accept bitcoin.
They provide links to a bitcoin exchange that the buyer sends bitcoin to and the exchange pays those companies in U.S. dollars.
But technically, gthey are using the Bitcoin to complete their purchase, are they not?
Posted on 8/27/14 at 8:52 am to SportsGuyNOLA
quote:That's different from saying they accept bitcoin. They don't. They accept U.S. dollars.
But technically, gthey are using the Bitcoin to complete their purchase, are they not?
Posted on 8/27/14 at 8:53 am to SportsGuyNOLA
quote:
But technically, gthey are using the Bitcoin to complete their purchase, are they not?
I would say "no". They want you to take your Bitcoin and turn it into cash.
Posted on 8/27/14 at 8:53 am to CSB
quote:
This is the canned response to any bitcoin detractor's remarks.
Because it's the truth?
Posted on 8/27/14 at 8:53 am to Darth_Vader
quote:
What happened to BitCoin?
quote:
Better question.... What happened to WikiTiger?
Finkle is Einhorn. ..Einhorn is Finkle!
Posted on 8/27/14 at 8:53 am to terd ferguson
Why do you give two shits about my thighs?
Posted on 8/27/14 at 8:54 am to Choctaw
It will be around for a while. People who shop sites like Silk Road will only use BC.
Posted on 8/27/14 at 8:54 am to Darth_Vader
Because they're sexy, Darth.
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