Author

Topic: Gold collapsing. Bitcoin UP. - page 523. (Read 2032289 times)

legendary
Activity: 1470
Merit: 1004
January 27, 2015, 05:56:32 PM

Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.


I agree, but Bitpay didn't have the infrastructure/reputation they do now.  Valve will implement BTC, it's only a matter of time, maybe when they release Half-Life 3  Wink
legendary
Activity: 896
Merit: 1001
January 27, 2015, 05:15:55 PM
http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

I recall a statement from Gabe Newell some time ago that indicated they weren't really interested in bitcoin implementation.

edit: and what marcus said.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 27, 2015, 05:14:33 PM
http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.
legendary
Activity: 1470
Merit: 1004
January 27, 2015, 05:05:09 PM
http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.
legendary
Activity: 1400
Merit: 1013
January 27, 2015, 05:01:00 PM
legendary
Activity: 1260
Merit: 1002
January 27, 2015, 04:59:34 PM
Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

now i'd be tempted to argue they are perfectly under control... Tongue
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 27, 2015, 04:51:38 PM
http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.
legendary
Activity: 1764
Merit: 1002
January 27, 2015, 04:38:43 PM
Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

or the proverbial, "no one could've seen it coming".
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
January 27, 2015, 04:24:36 PM
Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
January 27, 2015, 03:31:30 PM
should i grab som popcorn?

edit: tho we sure this is the same bank we are talking about here?

Quote
Bank name:   
Unicredit banka Slovenija d.d.
Address:   Smartinska 140
City:   1000 Ljubljana
Country:   Slovenia

> https://www.bitstamp.net/article/new-banking-details/


They started using Raiffeisen in mid 2014

Just got another message from Bitstamp...

Quote
sincere apologies for the misleading information regarding your first question.

Bitstamp recently entered in a relationship with a Raiffeisen Bank. That means that both bank account are operational so you can either transfer your funds to our Raiffeisen or Unicredit account.

The exchange rate stays the same in both cases ( http://www.unicreditbank.si/tecajna_lista/?t=1&id_menu=&language=ENG )

If you have any further questions, please feel free to contact us again.

Best regards,
Anžej Simičak
support manager
legendary
Activity: 1372
Merit: 1000
January 27, 2015, 03:18:08 PM
California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/



Like clockwork... Sell sell sell!!  

I think there are algorithmic traders who project market demand by quantifying difficulty volume and price, difficulty and mining profitability being instrumental in quantifying the inflation - new coins.

It's my view the sell off isn't a market reaction to that news but an algorithmic market manipulation given the recent drop in difficulty.
hero member
Activity: 924
Merit: 1000
January 27, 2015, 03:06:12 PM
California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/



Like clockwork... Sell sell sell!! 
legendary
Activity: 1372
Merit: 1000
January 27, 2015, 03:04:07 PM
oh wait... that's the bank bitstamp is working with and where the funds are  Shocked

you're kidding?

no its, true. But why would that matter? This is related to bonds and I believe there is insurance on deposits in Slovenia.

I gotta  Roll Eyes if I remember Gox's Bank had similar problems the facade was they're being hung out to dry for giving care loans to drug dealers. But then again if they pay off the loan and don't advertise how they make a living it shouldn't affect the banks financial well being. There problems aren't consumer credit reliability but macro isolation within the banking community,  BIS and the like.
legendary
Activity: 1260
Merit: 1002
January 27, 2015, 02:51:52 PM
California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 27, 2015, 02:37:06 PM
Bitcoin collapsing.  Gold UP.
legendary
Activity: 1260
Merit: 1002
January 27, 2015, 02:35:43 PM
oh wait... that's the bank bitstamp is working with and where the funds are  Shocked

you're kidding?

no its, true. But why would that matter? This is related to bonds and I believe there is insurance on deposits in Slovenia.

Only up to 100k euros.  Nothing compared to Bitstamp's funds.

http://www.bsi.si/en/guarantee-scheme.asp?MapaId=1047

should i grab som popcorn?

edit: tho we sure this is the same bank we are talking about here?

Quote
Bank name:   
Unicredit banka Slovenija d.d.
Address:   Smartinska 140
City:   1000 Ljubljana
Country:   Slovenia

> https://www.bitstamp.net/article/new-banking-details/
legendary
Activity: 961
Merit: 1000
January 27, 2015, 02:26:21 PM

How long long would the price have to stay under $80 for it to really bite? Or could there be a domino effect?
legendary
Activity: 1764
Merit: 1002
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
January 27, 2015, 01:58:43 PM
oh wait... that's the bank bitstamp is working with and where the funds are  Shocked

you're kidding?

no its, true. But why would that matter? This is related to bonds and I believe there is insurance on deposits in Slovenia.

Only up to 100k euros.  Nothing compared to Bitstamp's funds.

http://www.bsi.si/en/guarantee-scheme.asp?MapaId=1047
legendary
Activity: 961
Merit: 1000
January 27, 2015, 01:30:20 PM
Bitcoin has become a valid "hedge" or alternative asset class that will become recognized by hedge funds and financial risk analysts.

As money flows out of Eu and into the 'safety' of USD it only takes a small percentage of people to figure the risk of sovereign defaults is real in the medium term (assuming greek,spanish,italian and probably french banks are all basically insolvent). So why not put some money into an alternative asset class like btc?
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