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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32487. (Read 26471635 times)

legendary
Activity: 2156
Merit: 1094
Its going up!
I feel it in my bones,
I know that ask wall's bout to blow

Several indicators are looking good, but not great. To really go up we need the 1.0 - 1.5 million $ that are not seen
on the bid sum at MtGox. So right now it could be just a flash in the pan.

full member
Activity: 168
Merit: 100
One major bearish sign is that there have been no recent bitcoin music videos made as far as I'm aware.

I've been waiting for a while for a video talking about how bitcoins are on sale (http://www.youtube.com/watch?v=JaAWdljhD5o) or "shit its 99 bucks" (http://www.youtube.com/watch?v=QK8mJJJvaes)
 

(In a child's voice) Hey Macklemore can we go ASIC shopping?

http://www.youtube.com/watch?v=Thbsg9i2mZ0

Its going up!
I feel it in my bones,
I know that ask wall's bout to blow
420
hero member
Activity: 756
Merit: 500
One major bearish sign is that there have been no recent bitcoin music videos made as far as I'm aware.

I've been waiting for a while for a video talking about how bitcoins are on sale (http://www.youtube.com/watch?v=JaAWdljhD5o) or "shit its 99 bucks" (http://www.youtube.com/watch?v=QK8mJJJvaes)
 

i could
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
One major bearish sign is that there have been no recent bitcoin music videos made as far as I'm aware.

I've been waiting for a while for a video talking about how bitcoins are on sale (http://www.youtube.com/watch?v=JaAWdljhD5o) or "shit its 99 bucks" (http://www.youtube.com/watch?v=QK8mJJJvaes)
 

(In a child's voice) Hey Macklemore can we go ASIC shopping?
legendary
Activity: 1400
Merit: 1013
One major bearish sign is that there have been no recent bitcoin music videos made as far as I'm aware.
Zhou Tonged, Zhou Tonged, why have you forsaken us?
full member
Activity: 168
Merit: 100
One major bearish sign is that there have been no recent bitcoin music videos made as far as I'm aware.

I've been waiting for a while for a video talking about how bitcoins are on sale (http://www.youtube.com/watch?v=JaAWdljhD5o) or "shit its 99 bucks" (http://www.youtube.com/watch?v=QK8mJJJvaes)
 
420
hero member
Activity: 756
Merit: 500
been a while for me

so where we headed bitches?

what's the latest big news - and unrelated, how many BFL's have shipped?
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1026

Hey! That's my avatar!

Wow.. wow.. Grin Cheesy

I never believed this is really you on the picture. But hey, it was a very pleasuring discovery! Wink
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 168
Merit: 100
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

i've sold goods and services ( sold ad space on my site...) for bitcoin, i keep the BTC!
I also buy good and services  using BTC  Wink

You are an individual, not a company.

Contrary to 'popular belief' companies are not people Smiley

thats still up for debate

corporations are individuals in the eyes of the law.


so it would be perfectly legal for paypal to pump and dump bitcoin ; )
But I can't wire money to my Bitstamp account because I have an individual account but the money is coming from a corporate bank account.

And money is a form of speech, but AML laws aren't infringing on our freedom of speech.

Them politician guys are a fun bunch Smiley
sr. member
Activity: 252
Merit: 250
Companies don't have to want BTC at this stage.  Let them take their fiat.

But when they start seeing the option to pay their suppliers in BTC they might look further.  It is only AFTER mass adoption that most merchants will want to accept it directly.  They don't want to be speculators, but if it can cut costs they might consider holding some briefly.  PayPal could give Bitcoin quite a bit of momentum in that direction by accepting Bitcoin payments for conversion to the recipient's local fiat for all accounts.  They already have the legal team with the most expertise in internet payment and currency conversion regulations.  They could leverage their unique capabilities, but they also know that they can time their entry because any other entrant has to spend a lot more time and money deciphering and meeting regulations.  Just because they will be ready to throw the switch doesn't mean they will just yet.

It's not like Paypal is going to reduce its fees.  I just don't see what benefit a business has to accept BTC over fiat, via PP.  if they are planning to do some Ripple-esque type deal where you can pay someone with BTC and they can receive USD, that would be cool.  Still expensive though.  If that were the case, it would be smarter to just plug into Ripple directly and do it right.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

i've sold goods and services ( sold ad space on my site...) for bitcoin, i keep the BTC!
I also buy good and services  using BTC  Wink

You are an individual, not a company.

Contrary to 'popular belief' companies are not people Smiley

thats still up for debate

corporations are individuals in the eyes of the law.


so it would be perfectly legal for paypal to pump and dump bitcoin ; )
legendary
Activity: 1904
Merit: 1002
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

Companies don't have to want BTC at this stage.  Let them take their fiat.

But when they start seeing the option to pay their suppliers in BTC they might look further.  It is only AFTER mass adoption that most merchants will want to accept it directly.  They don't want to be speculators, but if it can cut costs they might consider holding some briefly.  PayPal could give Bitcoin quite a bit of momentum in that direction by accepting Bitcoin payments for conversion to the recipient's local fiat for all accounts.  They already have the legal team with the most expertise in internet payment and currency conversion regulations.  They could leverage their unique capabilities, but they also know that they can time their entry because any other entrant has to spend a lot more time and money deciphering and meeting regulations.  Just because they will be ready to throw the switch doesn't mean they will just yet.
full member
Activity: 168
Merit: 100
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

i've sold goods and services ( sold ad space on my site...) for bitcoin, i keep the BTC!
I also buy good and services  using BTC  Wink

You are an individual, not a company.

Contrary to 'popular belief' companies are not people Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

i've sold goods and services ( sold ad space on my site...) for bitcoin, i keep the BTC!
I also buy good and services  using BTC  Wink


getting paid in BTC is AWESOME  $_$

 Cheesy
sr. member
Activity: 252
Merit: 250
I tend to disagree. Adoption by a "bank" as huge as PayPal would:
1) Generate a massive media coverage.
2) Make much more things available for purchase using Bitcoin through PayPal's currency exchange.
3) Make many companies adopt Bitcoin if it'd be as easy as "selecting an option" in PayPal.


If BTC can be converted into fiat within the PayPal environment, then it could work.  If not, merchants will continue to reject virtual currencies and this "news" will make no difference except to us day traders who love to make money off the volatility created by the constant rumor/news junkies.

  
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
The only way a merchant would want BTC is if a supplier wanted BTC. This could be just somebody selling a service, which would be fine, but if you are buying an actual product, you'd need the manufacturer to want BTC, which would mean you'd need some of the people working for the manufacturer to want BTC (or I suppose the raw goods provider).

What I'm trying to say is that no big company is going to want BTC at this point unless they are either (A) created from the ground up around BTC or (B) they have some way of offloading that BTC to individuals that want BTC. Companies at this point wont want BTC, people will.

i've sold goods and services ( sold ad space on my site...) for bitcoin, i keep the BTC!
I also buy good and services  using BTC  Wink
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