Author

Topic: COMPANY SPENDS 350K TO BUY BITCOINS IN SILICON VALLEY (Read 1721 times)

hero member
Activity: 826
Merit: 500
Crypto Somnium
Wow, $350k in "real" money?  Much better than the fake stuff we've been playing around with  Roll Eyes

ROFL
hero member
Activity: 672
Merit: 500
 Wow, $350k in "real" money?  Much better than the fake stuff we've been playing around with  Roll Eyes
full member
Activity: 182
Merit: 100
order in numbers

It's only a matter of time until major corporations are going to start developing Bitcoin services. If you want to get your foot in the door before that happens, you need to get on the development train asap. I should have started my project a year ago....hopefully it's not too late.
sr. member
Activity: 420
Merit: 250
That's some amazing news! Way to go.
legendary
Activity: 905
Merit: 1000
The television has apparently programmed many of our brothers and sisters into a deep deep zombie like state. If we could somehow reach them and cure them of their sleepyness I think the bitcoin economy could flourish.

Yes.  There are many zombies.  Waking them up is probably unrealistic.  We will be more successful if we learn to create a stampede or a frenzy.  Fear and envy will be our tools.

Everyone who possesses Bitcoins will be able to participate in the internet economic revolution, centered in Silicon Valley.  Those who don't have a wallet and Bitcoins will be untouchables, and their geographic center will be Detroit.
sr. member
Activity: 350
Merit: 250
We need more viable Bitcoin businesses for sure and as Yona said, the money wasn't spent on Bitcoin itself but on Bitcoin businesses. BTCBuyer, your reading comprehension sucks Grin

bitcoin will fail unless we have a bitcoin denominated economy. I would not want to a large quantity of bitcoin if i knews its value was attached to that of the dollar and speculators, and that my business and profitability relied on them sideshow freaks(speculators). Till then it is just a gamblers casino with no true fundamentals supporting.

It does bitcoin no good, its a hassle if I need to buy bitcoins with dollars, send bitcoin around the world, only so they can cash them out so they can continue to purchased goods for their business, bitcoin price falls.. Fiat wins.

Unless all goods and services are willing to accept a value volatile currency, which they wont. then bitcoin will need to be reset. which it can be if you miners do not act as central banks. The pesticide, the predator will find and eat you gold 2.0 bugs for lunch.

Back to the drawing board.
sr. member
Activity: 350
Merit: 250
its not big news until millions, hundreds of millions enter on a week over week basis.
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
We need more viable Bitcoin businesses for sure and as Yona said, the money wasn't spent on Bitcoin itself but on Bitcoin businesses. BTCBuyer, your reading comprehension sucks Grin
member
Activity: 92
Merit: 10
why does the title say 'to buy bitcoins'? , it says in the article they want to invest in bitcoin related startups.
sr. member
Activity: 350
Merit: 250
Good news, bitcoins is growing fast!

Someone just made 350k!
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
Hopefully we will start to see some increased market penetration to the masses, then we will see it really take off.
legendary
Activity: 1190
Merit: 1001
Good news, bitcoins is growing fast!
full member
Activity: 177
Merit: 100
http://www.wired.com/business/2013/05/350000-in-real-money-for-bitcoin-startups/

Just another great reason why I love bitcoins. This is the future, if more and more REAL companies are investing into it.

Cheers all!
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