I have seen the light | Bitcointalksearch.org

zimmah

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Quote from: vokain on June 11, 2013, 04:37:16 PM

^ but what is bitcoin backed by Huh

the usefullness.

Which one is more useful in your opinion, a credit card or the technology behind bitcoin?

In my opinion bitcoin > credit card

yet, the bitcoin network is dwarved by VISA.

If many people will realize the use of bitcoin, bitcoin will drawf VISA instead.

That is what bitcoin is backed by.

pummle

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Bleating sense into the world

Quote from: lophie on June 26, 2014, 11:54:14 AM

Quote from: wobber on June 26, 2014, 11:45:04 AM

Quote from: pummle on June 25, 2014, 09:41:27 PM

Bitcoin sure is great. I feel like it could explode upward any moment now.

But it seems it's exploding downward for the time being.

The date is getting closer to the FBI garage sale

My guess is that the Marshals' (not the FBI) sale will go for higher than the current exchange rate, and the exchange rate will then jump above where people paid in the auction. So next week we will be back over 800.

lophie

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Unlimited Free Crypto

Quote from: wobber on June 26, 2014, 11:45:04 AM

Quote from: pummle on June 25, 2014, 09:41:27 PM

Bitcoin sure is great. I feel like it could explode upward any moment now.

But it seems it's exploding downward for the time being.

The date is getting closer to the FBI garage sale

wobber

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Quote from: pummle on June 25, 2014, 09:41:27 PM

Bitcoin sure is great. I feel like it could explode upward any moment now.

But it seems it's exploding downward for the time being.

pummle

member

Activity: 109

Merit: 10

Bleating sense into the world

Bitcoin sure is great. I feel like it could explode upward any moment now.

bitcon

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Quote from: notme on June 11, 2013, 06:57:04 PM

Quote from: lucas.sev on June 11, 2013, 06:45:03 PM

Quote from: Peter Lambert on June 11, 2013, 06:36:32 PM

Quote from: lucas.sev on June 11, 2013, 06:31:15 PM

Oh so the contest was on BITCOIN forum, I like how you excluded that from your original post.

I didn't think it really mattered; I was not making a point about the contest, I was saying how it was easy, quick, and cheap to send a bunch of payments simultaneously to diverse recipients.

Paypal has no fee though and funds appear instantly and also participants can easily spend them, so why bitcoin was better FOR THIS PARTICULAR PURPOSE?

Unless you are legitimately giving a gift, PayPal has fairly high fees. If you misuse the gift option you expose yourself to having your PayPal account and its balance frozen for up to six months.

yes this ^
(it happened to me and i'll never use paypal again).

plus the fact bitcoin is the antithesis of the Federal Reserve system and gas the power to bring it to its deserved death should be enough reason for anyone who knows how evil the fed. reserve is.

Peter Lambert

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It's all fun and games until somebody loses an eye

Quote from: bitcoinbear on July 11, 2013, 09:52:32 AM

It looks like we are having a bit of a bull trap - the price has gone up the past couple days, so all the exuberant bulls will buy up coins just to see the price go down again and lose them their money.

Looks like you were wrong, the price has continued upward! onward and upward to new heights!

bitcoinbear

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It looks like we are having a bit of a bull trap - the price has gone up the past couple days, so all the exuberant bulls will buy up coins just to see the price go down again and lose them their money.

IIOII

legendary

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To buy or not to buy (yet). That is the Bitcoin permabull.

ElectricMucus

legendary

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Marketing manager - GO MP

It sure smells like smurfs in here.

Cyberdyne

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Quote from: Peter Lambert on July 09, 2013, 03:40:06 PM

Ok, I think it looks like the price has bottomed out.

I kind of agree, however I lol'd because it always seems to go down whenever anyone says that.

vokain

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Quote from: Peter Lambert on July 09, 2013, 03:40:06 PM

Ok, I think it looks like the price has bottomed out. With all the recent news, this should be a great time to buy bitocoins before they start going up again!

ok!

Peter Lambert

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It's all fun and games until somebody loses an eye

Ok, I think it looks like the price has bottomed out. With all the recent news, this should be a great time to buy bitocoins before they start going up again!

bitcoinbear

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Activity: 518

Merit: 500

Quote from: Peter Lambert on June 28, 2013, 02:21:13 PM

Looks like bitcoins are on sale - grab them while they are cheap!

Meh, it is just the giant bubble deflating. Sell some now and buy them back when the price drops below $40.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Looks like bitcoins are on sale - grab them while they are cheap!

Crypt_Current

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Shame on everything; regret nothing.

Quote from: SOSLOVE868 on June 26, 2013, 09:24:21 AM

Quote from: freedomno1 on June 26, 2013, 04:17:32 AM

The light has come

This quiet bright....I think operating website will tied up our dividend...Friedcat may want to protecting our dividends...

bright as in brilliant ... I own no "shares" of anything, but after seeing this banner graphic, I feel an immediate desire to go buy ASICMiner shares Grin

SOSLOVE868

sr. member

Activity: 378

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Quote from: freedomno1 on June 26, 2013, 04:17:32 AM

The light has come

This quiet bright....I think operating website will tied up our dividend...Friedcat may want to protecting our dividends...

freedomno1

legendary

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Learning the troll avoidance button :)

Quote from: Peter Lambert on June 25, 2013, 08:34:21 PM

Quote from: bitcoinbear on June 25, 2013, 04:15:39 PM

Quote from: Peter Lambert on June 25, 2013, 03:49:55 PM

Quote from: webcoinx on June 25, 2013, 03:26:08 PM

how bright was the light? lol

Very bright. As in, a bright idea. Bitcoin is a bright idea which will enlighten the world.

Meh, bitcoins have some nice features, but they are still limited to a very small number of transactions (relative to the total number of transactions made globally), and the massive size of the ever-expanding blockchain seems like an inelegant solution.

Not every transaction has to go on the blockchain for bitcoin to be successful. I do not think everybody in the world will use bitcoin exclusively, but I do think eventually everybody in the world will know what bitcoins are, and accept that they have value.

The light has come

Peter Lambert

hero member

Activity: 756

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It's all fun and games until somebody loses an eye

Quote from: bitcoinbear on June 25, 2013, 04:15:39 PM

Quote from: Peter Lambert on June 25, 2013, 03:49:55 PM

Quote from: webcoinx on June 25, 2013, 03:26:08 PM

how bright was the light? lol

Very bright. As in, a bright idea. Bitcoin is a bright idea which will enlighten the world.

Meh, bitcoins have some nice features, but they are still limited to a very small number of transactions (relative to the total number of transactions made globally), and the massive size of the ever-expanding blockchain seems like an inelegant solution.

Not every transaction has to go on the blockchain for bitcoin to be successful. I do not think everybody in the world will use bitcoin exclusively, but I do think eventually everybody in the world will know what bitcoins are, and accept that they have value.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: bitcoinbear on June 25, 2013, 04:15:39 PM

Quote from: Peter Lambert on June 25, 2013, 03:49:55 PM

Quote from: webcoinx on June 25, 2013, 03:26:08 PM

how bright was the light? lol

Very bright. As in, a bright idea. Bitcoin is a bright idea which will enlighten the world.

Meh, bitcoins have some nice features, but they are still limited to a very small number of transactions (relative to the total number of transactions made globally), and the massive size of the ever-expanding blockchain seems like an inelegant solution.

Only the Unspent Transaction Output set size matters. Everything else can be pruned as necessary.

Topic: I have seen the light (Read 8503 times)