How many legitimate real world services and products currently accept Bitcoins? I understand it is only the Chinese search engine. I also take it for granted that any major Euro/US-based organization (be it Google or Domino's Pizza) that starts accepting Bitcoins will instantly face very serious political repercussions. Given these facts it is astonishing that Bitcoin seems to be heading from strength to strength.
Bitcoin heading towards $200, new bubble forming
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Re: Bitcoin heading towards $200, new bubble forming
#42by 2015 google will be accepting bitcoin
Re: Bitcoin heading towards $200, new bubble forming
#43Oh no, something is showing the slightest glimmer of working, it must immediately be a bubble!
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Re: Bitcoin heading towards $200, new bubble forming
#44i see they're updating their market data with socket.io.
but the graph bit is nicely made. Anyone knows how they're doing it with canvas?
Re: Bitcoin heading towards $200, new bubble forming
#45Could we ban the words "bubble" and "disrupt" from submission titles?
Disrupt is fine. Its basically a quick way of saying a company is in a specific industry.
disrupt industry x.
Bubble, lets lose that. People are so bad a predicting bubbles it is laughable.
Re: Bitcoin heading towards $200, new bubble forming
#46- Bitcoin? Sounds interesting but I am not going to waste CPU cycles on it. This will never be of any real value! - Bitcoin seems to be steadily growing. Well, as soon as they realize it is worth nothing, it will return back to non-existency. - Yeah, this is definitely a fad. It is growing too fast. No way I am going to mine. - So, mining at home is redundant now. Well, don't picture me buying into it! It can collaps…
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Re: Bitcoin heading towards $200, new bubble forming
#47I wonder who Satoshi is and how much he's worth now. Not many people can put on their CV that they created a new currency.
Re: Bitcoin heading towards $200, new bubble forming
#48- Bitcoin? Sounds interesting but I am not going to waste CPU cycles on it. This will never be of any real value! - Bitcoin seems to be steadily growing. Well, as soon as they realize it is worth nothing, it will return back to non-existency. - Yeah, this is definitely a fad. It is growing too fast. No way I am going to mine. - So, mining at home is redundant now. Well, don't picture me buying into it! It can collaps…
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Bitcoin is not a ponzi scheme. It's a technology with actual useful properties. The code is out there to see.
If you don't understand why these properties are useful to so many people, I welcome you to the third world countries where you can't start selling your product to the rest of the world (even if it's a great one), because PayPal doesn't work with your country and cc processors won't let you accept cards from other countries (fraud risk). It's not just that. It's also that you don't have to report to anyone and go through all the tedious paperwork to incorporate BEFORE you actually made a cent on your product. When you compare the ease with which you can start selling your product with Bitcoin, it's just amazing. Government regulations stifle innovation and entrepreneurship, Bitcoin let's you break free.
Re: Bitcoin heading towards $200, new bubble forming
#49Re: Bitcoin heading towards $200, new bubble forming
#50How many legitimate real world services and products currently accept Bitcoins? I understand it is only the Chinese search engine. I also take it for granted that any major Euro/US-based organization (be it Google or Domino's Pizza) that starts accepting Bitcoins will instantly face very serious political repercussions. Given these facts it is astonishing that Bitcoin seems to be heading from strength to strength.
I am too lazy to create a lmgtfy link for you, sorry. Google yourself. Lots of places accept Bitcoin. Although I am not sure how many people actually use it for shopping.