Topic: Some greedy inviduals might have just blown our chance for MAINSTREAM adoption. (Read 2964 times)
February 14, 2014, 06:38:07 PM
Volatility of bitcoin's exchange rate hasn't slowed down adoption one bit. Doesn't matter what the exchange rate of bitcoin is or even how much it fluctuates. So long as bitcoin offers savings to merchants via cheaper transaction costs and no chargebacks, adoption will continue to grow..at least on the merchant side of things.
February 14, 2014, 05:47:11 PM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Stop worrying about the price of Bitcoin against fiat currencies. Bitcoin is unique because of it's properties and how it can be used, without the need for bankers! When the majority of people truly start to understand the usefulness of Bitcoin and stop thinking of it like a pyramid investment scheme, that's when Bitcoin will really take off.
Bitcoin is here to stay and the less you worry about the day-to-day price VS fiat the happier you will be in the end.
February 14, 2014, 05:32:39 PM
Eventually somebody will.
Maybe Scotland.(Scotland is considering breaking away from the UK. We (I am English) have told the Scots that if they do that, they'll have to give up any influence they have over the pound Sterling. So that could leave them looking for a currency. They might go for the Euro (and might have to if they want to be part of the EU), but frankly the Euro hasn't looked very attractive over recent years. It would be fun if they went for a crypto-currency. I suspect they'd carry on using Sterling for a few years regardless and then switch, so Bitcoin would have some time to mature. They may not break away at all; they decide in September.)
February 14, 2014, 03:34:04 PM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Eventually somebody will. Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
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February 14, 2014, 10:51:49 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
The sad thing is that half of these newbs getting involved seem to want to be. They don't care about Bitcoin; they just want to get rich quick, and then they'll probably act like rich bankers and blow it all on drugs and shit.
That is why I love when it drops big like this, keeps the real believers and kicks out the get rich scheme kiddies.
Yeah, but there's always a constant wave of them. Each time a batch gets scared off another set comes rolling on in and the process repeats. Sick of their whining and crying and FUD-spreading when their coins haven't magically doubled within a month and they start panicking when the price drops a bit.
February 14, 2014, 10:43:32 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
The sad thing is that half of these newbs getting involved seem to want to be. They don't care about Bitcoin; they just want to get rich quick, and then they'll probably act like rich bankers and blow it all on drugs and shit.
That is why I love when it drops big like this, keeps the real believers and kicks out the get rich scheme kiddies.
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February 14, 2014, 08:43:02 AM
the OP thinks that the price dropping from over $1000 to the prices it sits at now is a bad thing?
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
Nice analogy.
Yep, looks like it's reached a stage where it's cheap enough again... the buys are flowing in quite nicely now, staying above 600... even with mountainofcocks trading at nearly half 
Happens all the time. Price falls and the people who believe in Bitcoin / want to get in buy more and the price gradually rises. Rinse and repeat.
February 14, 2014, 08:28:57 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
I agree. Let the Bitcoin settle at around $1 per piece and stay there for a long time to show some stability.
February 14, 2014, 08:28:14 AM
the OP thinks that the price dropping from over $1000 to the prices it sits at now is a bad thing?
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
+1! Precisely why Bitcoin is still in the mid $600's! Because people are running towards it! With the amount of negative news just in the last week alone, the fact that Bitcoin is holding up like it is is a testimony to how strong it is, IMHO!
February 14, 2014, 08:21:16 AM
the OP thinks that the price dropping from over $1000 to the prices it sits at now is a bad thing?
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
+1! Precisely why Bitcoin is still in the mid $600's! Because people are running towards it! With the amount of negative news just in the last week alone, the fact that Bitcoin is holding up like it is is a testimony to how strong it is, IMHO!
February 14, 2014, 04:35:33 AM
the OP thinks that the price dropping from over $1000 to the prices it sits at now is a bad thing?
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?
the same applies to bitcoin.
February 14, 2014, 04:29:41 AM
yep gone are the days of running a program on your gpu.....hoping to squeeze enough bitcoins out to go buy another piece of computer hardware. mainly another video card so your gaming pc could run games better.
now that was fun. no greed back then....
now that was fun. no greed back then....
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February 14, 2014, 03:57:19 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
The sad thing is that half of these newbs getting involved seem to want to be. They don't care about Bitcoin; they just want to get rich quick, and then they'll probably act like rich bankers and blow it all on drugs and shit.
February 14, 2014, 03:55:25 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Soriouscoin you think the banks are ever going to adopt it? As soon as they look at it closely, they realise it's here to replace them... they're not going to want to play with.
February 14, 2014, 03:51:26 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
It seems you are the greedy one now. My views are about a pure bitcoin system, banks aren't in that. Remember this is only been 5 years we have plenty of time for adoption. Just cause you want your 0.000001 BTCs to be worth $40K tomorrow isn't going to happen this takes time.
Go live in a la la land if you think ..... pooft everyone gonna use strictly bitcoin as medium of exchange. Its never gonna be like that. Without gateways for fiat coming in and out, whos gonna use bitcoin?
Right now those gateways are exchanges..... unregulated/nontransparent exchanges. They're worse than banksters..... infact many of them are straight thieves.
February 14, 2014, 03:23:19 AM
Let's not kid ourselves, bitcoin isn't even ready for mainstream adoption. It's not even out of beta yet.
February 14, 2014, 03:14:02 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
It seems you are the greedy one now. My views are about a pure bitcoin system, banks aren't in that. Remember this is only been 5 years we have plenty of time for adoption. Just cause you want your 0.000001 BTCs to be worth $40K tomorrow isn't going to happen this takes time.
Go live in a la la land if you think ..... pooft everyone gonna use strictly bitcoin as medium of exchange. Its never gonna be like that. Without gateways for fiat coming in and out, whos gonna use bitcoin?
I live in bitcoin land
Well who is going to use the dollar without the Euro coming in and out?I knew right away you're just an American hating European. I'm not strictly talking about USD .....
Its ok. I'm done with you, February 14, 2014, 03:11:35 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
It seems you are the greedy one now. My views are about a pure bitcoin system, banks aren't in that. Remember this is only been 5 years we have plenty of time for adoption. Just cause you want your 0.000001 BTCs to be worth $40K tomorrow isn't going to happen this takes time.
Go live in a la la land if you think ..... pooft everyone gonna use strictly bitcoin as medium of exchange. Its never gonna be like that. Without gateways for fiat coming in and out, whos gonna use bitcoin?
I live in bitcoin land
Well who is going to use the dollar without the Euro coming in and out? February 14, 2014, 03:06:52 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
It seems you are the greedy one now. My views are about a pure bitcoin system, banks aren't in that. Remember this is only been 5 years we have plenty of time for adoption. Just cause you want your 0.000001 BTCs to be worth $40K tomorrow isn't going to happen this takes time.
Go live in a la la land if you think ..... pooft everyone gonna use strictly bitcoin as medium of exchange. Its never gonna be like that. Without gateways for fiat coming in and out, whos gonna use bitcoin?
Right now those gateways are exchanges..... unregulated/nontransparent exchanges. They're worse than banksters..... infact many of them are straight thieves.
February 14, 2014, 03:01:55 AM
I'm sure many on here can guess who those individuals are....
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.
I was hoping our community would have seen a bigger picture and not be manipulated so easily.
This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.
Its not about banking with bitcoin. If bitcoin is integrated in a multinational banking network such as Standardbank, it opens the gate for bitcoin adoption. No body tell you to keep your Bitcoin there. Dont be a fool.
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