Topic: You'd better sell when APPLE competes with bitcoin.. - page 4. (Read 5918 times)

i was a bit worried about apple doing some kind of itunes stunt after they learned what napster was capable of. was afraid they planned the same with some imoney crypto.

now they are teaming up with the dinosaurs. their crypto research compartment lost the internal battle. good for us.

i am not worried anymore.

I guess Bitcoin may do quite a drop down as soon as Apple unveils those plans officially. It is effectively one of the use cases of Bitcoin, but a lot better when it comes to ease of use and safety for the consumer. Maybe Bitcoin can learn from it, though. The core technology behind Bitcoin remains unbeaten!

Not everyone, but that doesn't matter. Statistics show that people who own Apple products do spend a lot more on the App Store already than, say, Android people. People want Apple devices. And that's reason enough for merchants to adopt that technology!

The problem is that it only work on apple smartphone and not everyone in the world is having one..

Sell Apple stock you mean? 

This same technology has been available on samasungs Galaxy phones, but i haven't heard too much fan fair about it. its supposed to use the NFC to pay for things easier. but paying with bitcoin is still much easier and much cheaper.. not a threat to bitcoin at all..

fuck apple. They compete with us, they fucking LOSE.

FTFY


Not a threat to bitcoin. If anything, it can only slow down the adoption. If people are satisfied with their fiat payment systems, they're less likely to be looking for alternative. But bitcoin wins in a long term with its key features: decentralisation and trust-less.

Egocentrism is characterized by preoccupation with one's own internal world. Egocentrics regard themselves and their own opinions or interests as being the most important or valid. To them, self-relevant information is seen to be more important in shaping one’s judgments than are thoughts about others and other-relevant information

http://en.wikipedia.org/wiki/Egocentrism

+1 insightful, instead of knee jerk reactionary groupthink.

reality bites!

Firstly, I don't think bitcoin is going away long term.

Short term though, stuff like this must slow adoption.

Bitcoin 'solves' a bunch of problems. Practical money transmission issues centred on convenience as well as issues surrounding the nature of centralised fiat currency. Pretending that the whole world cares about the second set is delusional, mostly people care about the first. Mostly people aren't even aware of the second. If you're sample is "people on bitcointalk" you are doing it wrong.

All ideology aside, practically day to day even I still care most about the first set, and I'm totally up to speed with the second set!

I'll undoubtedly 'fall for Apple shit' because right now, most of my life still centres around taking part in today's fiat based economy paying for stuff with fiat currency and only occasionally converting money to and from bitcoin to buy/sell/hold.

Why wouldn't I take advantage of something that makes it easier to use my fiat. If the risk to fiat is it becomes worthless, then why do i care if it is worthless in a jar, a bank or my iPhone? At that point my BTC bails me out.

Take a reality check sometime, bitcoin is coming yes, but in the meantime there is a lot of stuff to play out with the current system. It's not going to collapse overnight, not anytime soon.

+1 to the echo chamber comment.

I'll never own iphone so that meany nothing to me.

Simple: Root the device, break the DRM and lock out the junk ads.

Just wait for the roadside billboards to start giving you personalized ads as you drive by.

GNU/Linux desktop users are under 2% so you do have a point. It is also the case that the top 1% control 39% of the worlds wealth. http://www.cnbc.com/id/100780163. It may well turn out that one of the impacts of Bitcoin is that a person's choice in operating system software also has a high degree of correlation with their net worth. I am perfectly fine with that. What I must say is that if one waited for Apple to give IOS users permission to use Bitcoin those Apple users would pay between 400 and 700 USD per XBT while those of us like myself, who were very critical of Apple's back in 2011 and 2012 were busy buying XBT between at 2 and 6 USD per XBT. As for Windows I was busy removing Bitcoin stealing / mining malware from Windows computers back in 2011 for users who had no idea what Bitcoin was, yet they were mining Bitcoin!

I have no problem promoting Bitcoin to users of DRM infected propriety operating systems such as those sold by Apple and Microsoft, after all, us GNU/Linux users have to sell our XBT at a 10000% or more markup to someone. I do feel however that I have an ethical and moral responsibility to warn those same users of the risks they are taking and the opportunities they are missing by their choice in operating system software.

Most people do not, and will not, ever, use linux. You people need to get past that. I'm on windows, I keep a small part of my coins on a hot wallet on the same computer I surf porn and play flash games with, and so far nothing has been stolen. THAT is the standard we need to pursue.

This is classic Apple security theatre and using it for Bitcoin is very dangerous because of the false sense of security it gives. Apple's fingerprint security theatre was broken by the Chaos Computer Club over 11 months ago. http://www.ccc.de/en/updates/2013/ccc-breaks-apple-touchid. It is actually far safer to dispense with all of this nonsense and treat small amounts of XBT on a mobile phone for daily use like cash in an old fashioned wallet and simply accept the fact that if the device is stolen then so is the XBT. 

To secure XBT properly one needs to start with GNU/Linux using an encrypted /home partition or full disk encryption, with a very secure password. Then on top of this one builds proper wallet security and passwords etc.

I got a cheapo ipod for christmas once. It's alright, especially when traveling.

Said it before, the public won't be driving the next bubble. Frontrunning money will. Public comes later, after the big boys are nice and settled, right after a media hype campaign.

this has nothing to do with crypto or bitcoin.

90 % of Apple users wont get into crypto/btc anyway, because they dont even know btc and sure not understand it.

People will only get into btc and stop this mainstream shit when its already too late.