Quote from: chsados on July 12, 2013, 02:54:42 AM

Quote from: ryantw on July 12, 2013, 02:16:22 AM

Coinbase Instant Bitcoin

One of the unforeseen industry changes: The new Coinbase instant Bitcoin capability really makes things interesting. This should definitely raise the price, but could also cause rapid price fluctuations. It is now becoming a bit easier for people to instantly get Bitcoin at their computer without running to a physical location. Expect some nice upswings in Bitcoin price in the next 24 hours.

Coinbase will now see a major rise in signups, which helps Bitcoin tremendously. I have been using their service for a long time and love it. It takes 30 days for someone to get to "Level 2" which allows instant available bitcoin. By end of august a lot of new users will be buying bitcoins for instant use. Not having to wait 4 business days to receive Bitcoin is a trigger to buy. Expect price fluctuations to increase a lot by end of august with an upwards trend. I have yet to see how well Coinbase will handle buying and selling in rapid succession, I'll test it out though and post an update.

The rapid evolution of Bitcoin is a lot of fun to watch. It is definitely maturing.

Huh, coinbase is instant now?

http://blog.coinbase.com/post/55203204550/instant-bitcoin-purchases-at-coinbase

ryantw

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