Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Bitcoin is very similar to TCP/IP, and its network effect much, much stronger.
Bitcoin is very similar to TCP/IP, and its network effect much, much stronger.
Except you didn't invest in TCP/IP, which is as free to use as Bitcoin code. You invested in
-snip-
We invested in Microsoft? I thought it was the other way around? Didn't MS start adopting Bitcoin just recently?
No, you did not invest in Microsoft, and Microsoft didn't invest in you.
Your pic shows that Microsoft is accepting dollars through a payment processor--that's not an investment.
Basic misunderstandings such as the one I've just cleared up are likely responsible for finance enthusiasts such as yourself "investing" in BTC
Microsoft is "invested" in Bitcoin for the long haul:
http://www.coindesk.com/bitpay-microsoft-aggressive-global-vision-bitcoin/
Quote
"Microsoft has a long-term vision for bitcoin, BitPay and the blockchain. Starting with digital goods in the US is the logical first step, however, they want to expand to Europe and globally and add support for other products as part of that rollout."
Microsoft just entered Step 1, my dear friend NotLambChop, in Year 5 going Year 6 of Bitcoin.
Rome wasn't built in a day.