Quote from: davis196 on January 14, 2017, 01:32:00 PM

Quote from: spiritglove on January 06, 2017, 04:33:37 PM

So The Central Bank of China shit talks Bitcoin and the price drops. I think that is BS, but we can fight fire with fire.

I would urge every forum member to take the time and explain to a business owner the obvious benefit of accepting bitcoin.
I mean communication is what is taking the price down a BS Bitcoin Polemic from the East. Well we can use the Internet and especially or daily purchases to make a positive impact on Bitcoin.

A Government that adopts bitcoin as currency, is saving it's self hundreds for millions of dollars in coining and engraving costs. For business, a virtual currency that has no "gate fee's" associated with the vendor receipt of funds. Instead you have the consumer paying for the use of the virtual system at the time of receipt of the Bitcoin. Not to mention that a convenience store that accepts Bitcoin, will not be a target for robbers any longer. How could the businesses of the world over look the obvious value of Bitcoin. Lastly, unlike the dollar Bitcoin is volatile, it has great potential to go up and down making it an investment vehicle. Something the US Dollar would never be good for.
I grant you that Bitcoin does have the ability to make significant drops. However it's history shows a steady and continued pattern upwards. As more countries and businesses accept Bitcoin, the more it's value will grow, in spite of periodic sharp drops.

So, get out there and make some noise of our own. It cost nothing, just take a few minutes of free time. We can effect the market, BUT, it will take all of us to make that change and to prevail against more powerful voices. Remember, your not selling anything to the business your pitching Bitcoin to, that should be enough to get you heard. Then they are going to want to know about exchange safe storage, etc... So your may be finding that you become a consultant, helping business integrate BTC in their local economy. A Grass Roots effort, will prevail.

A goverment that adopts bitcoin will loose it`s monetary independence.

Their monetary independence is out from the transparency. And it becomes the centralized monetary. It's very bad to run a country with such way.
A lot of the abuser in there.