Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Sorry to be a killjoy but for the time being fuck the Lambos!
Please everyone prepare a small amount of your stash (doesn't have to be anything more than one twentieth perhaps?) in a wallet that is as easy for you to use and as portable as possible.
Then buy small stuff! A hamburger, a Zynga APP, a sex toy... doesn't matter what just do it!
If you want the growth to continue then merchants have got to report sales or it won't work in the long term.
Boring I know, but for most the Lambos will come a bit later!
I disagree with that bolded statement. Perhaps if you are talking about the growth in profits for the payment processors, then you would be correct.
bitcoin is much more that just a payment processing platform.
please listen to this, I found it brought me back down to earth a bit and made me reconsider/remember why I'm really in this game. especially the second half where that Andreas guy is talking about his different experiences at various conferences.
http://letstalkbitcoin.com/e72-powerful-perspectives/
Sorry but the link is not working for me neither can I access it via Google. Don't know what's wrong. Could you summarise?
I may be presuming things, but is it a discussion about Bitcoin the payments system and other uses of the Bitcoin protocol which do not revolve around Bitcoin necessarily being used as a currency? I really do believe there are myriad potential applications for Bitcoin but that may turn out to be a type of weakness in the long-term. If problems arise with one application this may have a knock on effect in others. The fact is right now there is a lot of media coverage of Bitcoin the currency which can be used to purchase anything from a hamburger to a house. But if all this hype turns out to have no substance that will have a negative impact.
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apologies, my link had some stupid tracking stuff on the back end. I think it should be fixed now.