Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31480.

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: kurious on November 29, 2013, 05:12:49 PM

Quote from: Carlor on November 29, 2013, 05:09:23 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

+1

If we can deal with it not looking expensive and getting across that you can spend a dollar via BTC, and it's cheaper than WU - it will be adopted.

People aren't stupid if they can save money - they just need to realise that they can - and it's accessible and practical to someone with 200 bucks to send home.

True. Why can't 0.01 be 1 bitcoin and watch that rise now

KFR

hero member

Activity: 560

Merit: 500

Per ardua ad luna

Quote from: KFR on November 29, 2013, 12:43:40 AM

Gold @ gox. Cool

That's when Gox BTC first sold for more than Kitco gold (was $1242). Grin

mike2kt

member

Activity: 80

Merit: 10

Quote from: kurious on November 29, 2013, 05:09:58 PM

Quote from: mike2kt on November 29, 2013, 05:06:17 PM

Quote from: kurious on November 29, 2013, 05:03:06 PM

We just went over GOLD!

Gold $1252 spot on Kitco right now. So ^almost^ there (MtGox).

Oops - out of date prices, apologies.... Soon though, eh? Wink

Give it an hour or two.. Grin

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: Carlor on November 29, 2013, 05:09:23 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

+1

If we can deal with it not looking expensive and getting across that you can spend a dollar via BTC, and it's cheaper than WU - it will be adopted.

People aren't stupid if they can save money - they just need to realise that they can - and it's accessible and practical to someone with 200 bucks to send home.

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: BTCSTOCKZ on November 29, 2013, 05:08:20 PM

Quote from: philip2000uk on November 29, 2013, 04:55:17 PM

Quote from: smiley123 on November 29, 2013, 04:50:14 PM

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

That would be brilliant. They could also put coffee shop next to the ATM to give people something to do while waiting for confirmations.

I mean I know WU is high on the fees but at least no-one can do a credit card charge back.

/\Wu Tang Clan?:yeah i know they tweeted something about Bitcoin~ hmm Cool

+1E37+

freethink2013

full member

Activity: 224

Merit: 100

Quote from: solex on November 29, 2013, 05:07:44 PM

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

Fully agree. They need to do something quickly or they will be in major trouble because Bitcoin overlaps their core business model.
https://bitcointalksearch.org/topic/bitcoin-is-killing-western-union-321719

They need to do something or they will soon be altavista

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: mike2kt on November 29, 2013, 05:06:17 PM

Quote from: kurious on November 29, 2013, 05:03:06 PM

We just went over GOLD!

Gold $1252 spot on Kitco right now. So ^almost^ there (MtGox).

Oops - out of date prices, apologies.... Soon though, eh? Wink

Carlor

newbie

Activity: 28

Merit: 0

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

+1

BTCSTOCKZ

newbie

Activity: 28

Merit: 0

Quote from: philip2000uk on November 29, 2013, 04:55:17 PM

Quote from: smiley123 on November 29, 2013, 04:50:14 PM

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

That would be brilliant. They could also put coffee shop next to the ATM to give people something to do while waiting for confirmations.

I mean I know WU is high on the fees but at least no-one can do a credit card charge back.

/\WU Tang Clan?:yeah i know they tweeted something about Bitcoin~ hmm Cool

+1E37+

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

Fully agree. They need to do something quickly or they will be in major trouble because Bitcoin overlaps their core business model.
https://bitcointalksearch.org/topic/bitcoin-is-killing-western-union-321719

Quote from: ?? on ??

Western Union share price Oct 29th : $19.24
Western Union share price Nov 29th: $16.67

Ch00 Ch00 in reverse Grin

ooch ooch!

mike2kt

member

Activity: 80

Merit: 10

Quote from: kurious on November 29, 2013, 05:03:06 PM

We just went over GOLD!

Gold $1252 spot on Kitco right now. So ^almost^ there (MtGox).

freethink2013

full member

Activity: 224

Merit: 100

Interesting thing about africa is they never had landlines widely available. They went straight to mobiles. Similarly most people don't have bank accounts so they may go straight to bitcoin.

I'd fucking love it if bitcoin allowed africa to climb out of the pit the usa/euro has put them in but I won't be buying any blood diamonds nonetheless.

kurious

legendary

Activity: 2604

Merit: 1748

We just went over GOLD!

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

freethink2013

full member

Activity: 224

Merit: 100

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

That would be like sticking a plaster on burst dam.

Interesting article:
http://www.bloomberg.com/news/2013-11-28/bitcoin-service-targets-kenya-remittances-with-cut-rate-fees-1-.html

tldr: kenyans send 1.2 billion dollars home per annum. mostly through wu

Quote

Western Union and MoneyGram International Inc. deduct $10 to $17 to wire $200 to Kenya from the U.S., including charges to exchange funds, in a process that can take an hour to five days, according to the World Bank’s Send Money Africa price database. BitPesa will charge 3 percent on overseas transfers and says the money arrives the same day. At that rate, it would cost $6 to send $200 via BitPesa.

philip2000uk

sr. member

Activity: 276

Merit: 250

Quote from: smiley123 on November 29, 2013, 04:50:14 PM

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

That would be brilliant. They could also put coffee shop next to the ATM to give people something to do while waiting for confirmations.

I mean I know WU is high on the fees but at least no-one can do a credit card charge back.

kwest

sr. member

Activity: 476

Merit: 250

Looking at this graph, we may still have some room to grow before a correction. StochRSI is still below the red line.

BTCSTOCKZ

newbie

Activity: 28

Merit: 0

Quote from: mike2kt on November 29, 2013, 04:08:11 PM

Quote from: keewee on November 29, 2013, 04:05:11 PM

Quote from: DougTanner on November 29, 2013, 04:01:57 PM

Dat market order.

https://i.imgur.com/oz0ePJJ.jpg

Nice, $1.9 million buy Cheesy

$BTC
+1337+

http://www.theblaze.com/wp-content/uploads/2013/08/original.jpg

/\WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!x1O

smiley123

member

Activity: 101

Merit: 10

Quote from: philip2000uk on November 29, 2013, 04:46:42 PM

Quote from: freethink2013 on November 29, 2013, 04:43:02 PM

The only worry I have is we're a market rather than an economy. We need to make 2014 the year when bitcoin destroys western union and is much more widely accepted for buying stuff. Remittance is the killer app.

What if Western union installed Bitcoin ATM's in every shop?

That would be brilliant. They could also put coffee shop next to the ATM to give people something to do while waiting for confirmations.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

If this (gox) stuff follows the pattern, then get ready for a big bear dump. Followed by another runup and a sell off back to the support from this morning. We'll see.

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