I would say, wait till next week and see what would happen after 11/18/2013
Why did you specify that date? 
Topic: We need only 1 big company of USA to start accepting Bitcoin (Read 6108 times)
I would say, wait till next week and see what would happen after 11/18/2013
Actually we need 2-3 big exchange in US!!! so they stay competitive but not too many to the point they are killing each other and all go belly up
While we have none that are working right now?
Actually we need 2-3 big exchange in US!!! so they stay competitive but not too many to the point they are killing each other and all go belly up
C'mon USA get some exposure. I don't understand, the first company to do so will be loved by all! It makes so much sense.
There's WordPress but it's not that big.
C'mon USA get some exposure. I don't understand, the first company to do so will be loved by all! It makes so much sense.
Because peer-to-peer sales of low valued items will kill Apple's iTunes store, Apple's in-app purchases system, etc?
iTunes accepts bitcoin--> profit. It would be amazing if apple would accept bitcoins as a payment. They would set a great example to other tech companies to follow:)
But ............... would newer happen :/
Why wouldn't it happen? But ............... would newer happen :/
It would be amazing if apple would accept bitcoins as a payment. They would set a great example to other tech companies to follow:)
But ............... would newer happen :/
But ............... would newer happen :/
Maybe one day in 2014.
Guys the chines are rushing on Bitcoin because Baidu started accepting it.. and gives Bitcoin HUGE exposure in china.
we only need 1 big company to start accepting Bitcoins and we can take back reins from China i'm afraid if this wont happen soon most of BTC will be in china.. ;(
we only need 1 big company to start accepting Bitcoins and we can take back reins from China i'm afraid if this wont happen soon most of BTC will be in china.. ;(
https://blockchain.info/address/1NtbQKVFxAPc8mmBoWwRzhg7o3EMCBsxNg
Quote
Total Received 1.37549469 BTC
Good luck with taking back the reins from China. From the looks of Baidu's transactions, no country will be able to catch up.
This should happen in the USA if a company that's ranked high accepts it.
Chinese have a weird way of expressing their attention to something:
https://blockchain.info/address/1NtbQKVFxAPc8mmBoWwRzhg7o3EMCBsxNg
THREE DAYS AGO:
Quote
Total Received 1.37549469 BTC
TODAY:
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Total Received 1.37549469 BTC
I'll leave it to others to do the maths, and make sure you check your work, for subtracting decimals to eight places could be tricky at times.
I don't see why Google shouldn't start accepting BTC. Would make total sense to me, and it would be huge for the bitcoin economy. China is running away with it at this point.
because google is a huge multibillion dollar company, and we are not yet sure how government feels about bitcoin. it would put a huge target on their back.. why would they risk it? would the reward be enough? i don't think so.
There is no risk at all start accepting Bitcoin, If there will be laws regulating Bitcoin, google might reevaluate the situation with accepting Bitcoin
I don't see why Google shouldn't start accepting BTC. Would make total sense to me, and it would be huge for the bitcoin economy. China is running away with it at this point.
because google is a huge multibillion dollar company, and we are not yet sure how government feels about bitcoin. it would put a huge target on their back.. why would they risk it? would the reward be enough? i don't think so.
There is no risk at all start accepting Bitcoin, If there will be laws regulating Bitcoin, google might reevaluate the situation with accepting Bitcoin
1) Doubling in 6 years isn't moving quickly?
2) That seems to be a measure of M1 in a fractional-reserve world. It's not clear whether or not a bitcoin-backed world would or would not be a fractional-reserve world.
I meant the total amount of money.
http://en.wikipedia.org/wiki/Circulation_(currency)
http://en.wikipedia.org/wiki/Circulation_(currency)
interest situation 
how does the world get richer anyway?
Better technologies and better politics, mainly. (Both of which, incidentally, are facilitated by Bitcoin itself.)
Or to put it more simply, we make stuff.
how does the world get richer anyway? isn't it just a redistribution of wealth?
Or if the world gets richer by a factor of 100 or more (and/or holds more in rainy-day savings by a combined factor of 100 or more).
21 million bitcoins * 1 million dollars per bitcoin / 7 billion people in the world = $3000 per person.
Even less if the world population grows.
That said, $300 per person is probably more reasonable in the medium term. That'd be "only" $100,000/BTC.
Take a look at the population of China and India, and then take a look at the GDP per capita of them, compared to the GDP per capita of the richest countries. The GDP per capita of China is 1/6 that of Europe, 1/9 that of the US, and 1/17 that of Luxembourg. The GDP per capita of India is 1/21 that of Europe, 1/34 that of the United States, and 1/70 that of Luxembourg. A bet on Bitcoin is very much a bet on China and/or India.
The world isn't getting that richer, anytime soon. 21 million bitcoins * 1 million dollars per bitcoin / 7 billion people in the world = $3000 per person.
Even less if the world population grows.
That said, $300 per person is probably more reasonable in the medium term. That'd be "only" $100,000/BTC.
Take a look at the population of China and India, and then take a look at the GDP per capita of them, compared to the GDP per capita of the richest countries. The GDP per capita of China is 1/6 that of Europe, 1/9 that of the US, and 1/17 that of Luxembourg. The GDP per capita of India is 1/21 that of Europe, 1/34 that of the United States, and 1/70 that of Luxembourg. A bet on Bitcoin is very much a bet on China and/or India.
I don't see why Google shouldn't start accepting BTC. Would make total sense to me, and it would be huge for the bitcoin economy. China is running away with it at this point.
because google is a huge multibillion dollar company, and we are not yet sure how government feels about bitcoin. it would put a huge target on their back.. why would they risk it? would the reward be enough? i don't think so.
i would think that baidu had some form of assurance from china's bureaucracy before going public. i'm sure some well-connected chinese people used the insider info to make lot and lots of money.
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