It's just like any stock trading... you got to know when to hold on and let go. It's hard enough wagering on sports... now we have to figure out when to hang onto a Bitcoin and when to let go. It's not worth the stress.
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Sorry , really I am , but the purpose of this thread (read title) is that Coinbase now has an option that alleviates the stress you mentioned - Just park your converted bitcoins or $$$ from bank acct into their USD Wallet
Takeout when and what you need to either send to bank or bookComment -
btc for dummies isnt selling for whatever reason sam.
Sorry , really I am , but the purpose of this thread (read title) is that Coinbase now has an option that alleviates the stress you mentioned - Just park your converted bitcoins or $$$ from bank acct into their USD Wallet
Takeout when and what you need to either send to bank or bookComment -
Give me one reason to buy bitcoins and not stocks?Comment -
"JJ ask Sammy this question, Sammy do you have any stake in bitcoin companies"
Sherry
Sammy do you have any stake in bitcoin companies??
ThanksComment -
Sorry , really I am , but the purpose of this thread (read title) is that Coinbase now has an option that alleviates the stress you mentioned - Just park your converted bitcoins or $$$ from bank acct into their USD Wallet
Takeout when and what you need to either send to bank or book
It's quite alright Sam. If Michigan was listed... I'd think about it. But again... cash is King. Always will be.
I wonder how many people lost when bitcoin dropped from $500 to $200??? That's a significant loss. I'd say 30% of those users won't trust Bitcoin anymore.Comment -
If your using it for certain usa type books and your bitcoin does not lose value because of daily price changes its okComment -
Sportsbook To Sportsbook Transfer.
It's not even considered a LEGAL currency in any country. How can you transfer something that's technically in space???
And who the hell tells me when it goes up and down???? Who's the wiseguy dictating the flow of this "internet currency?" It's practically impossible to realistically estimate value on some Imaginary Bitcoin. The entire system is faulty. Someone will tank it soon enough.Comment -
All the value is in the transport process, not the actual bitcoins. It's not backed by anything other than perception.
People aren't understanding how big this is that they are holding your money in dollars. You can now use the great transport process without being forced to "invest" in bitcoin short term. I'm in with this.
The guys trying to claim real value in the actual bitcoins are the suckers. It will continue to be manipulated up and down, making some in the know billions. The guys trying to justify the swings with economic theories crack me up. They need to look back into what happened in the stock market before regulations.Comment -
Add Microsoft to this list since the article was written prior to Microsoft accepting bitcoinsPayPal Joins Dell, DISH, Expedia, Overstock To Accept Bitcoins As Payment
http://www.ibtimes.com/paypal-joins-...ayment-1682812PayPal will soon start accepting bitcoins, adding the second-largest Internet payment network to a handful of high-profile retailers already taking the digital currency and potentially expanding the bitcoin user base from thousands to millions.Bill Ready, head of Braintree, the eBay unit that facilitates mobile payments for high-profile companies such as Uber, Airbnb and TaskRabbit, confirmed rumors about the adoption of bitcoin at the Techcrunch Disrupt conference in San Francisco on Monday.
“We’re announcing PayPal’s first foray into bitcoin,” he said. “Over the coming months, we’ll allow our merchants to accept bitcoin. On the consumer side, it will be a sleek experience.”
“This is very meaningful,” Wedbush Securities Inc. analyst Gil Luria told International Business Times.
He explained that, while it will take some time, the move will open up PayPal’s more than 150 million registered accounts to the virtual currency.
“If PayPal allowed integration of bitcoin into the PayPal wallet, that would have very profound implications,” Luria said. “If that happened, bitcoin use would jump from tens of thousands to millions of retailers.”
PayPal may soon be one of the biggest bitcoin users, but it’s not the only major company to adopt the online currency. According to CoinDesk, more than 63,000 businesses already handle bitcoins, mainly using a platform called Coinbase.
Here are a few of the most notable.
Dell Inc. (NASDAQ
ELL)
The computer maker has been accepting bitcoins since July of this year.
“Bitcoin is a new payment option intended to offer even more flexibility for customers,” the company website says. “Bitcoin payments can be made easily from anywhere in the world, and offer reduced payment processing costs.”
Dish Network Corp. (NASDAQISH)
The satellite service provider with more than 14 million subscribers launched its bitcoin platform in May 2014.
“We don’t know what the demand will be, exactly,” Dish’s chief operating officer Bernie Han told the New York Times. “It might be tiny. It might be bigger than tiny. It’s probably growing.”
Expedia Inc. (NASDAQ:EXPE)
Also this summer, the online travel booking firm began accepting the digital currency for customers looking to book reservations at one of its 45,000 listed hotels.
“Certainly, there are people who want to book airline tickets with Expedia, but it made sense from a technology standpoint, from a business standpoint, and from a customer demand standpoint to jump out with hotels first,” Michael Gulmann, Expedia’s executive vice president of global product, said to CoinDesk.
Overstock.com Inc. (NASDAQ:OSTK)
One of the best-known bitcoin adopters, this online retailer has been enabling customers to use the cryptocurrency since January this year. By August, bitcoin sales had exceeded $2 million, about one-quarter of 1 percent of the company’s total sales.
Overstock’s chief executive, Patrick Byrne, told Reuters he expected sales to hit between $6 million and $8 million this year. “I think the world expects us to make 75-80 cents per share this year. And 4 cents of that would be attributable to bitcoin,” he said.
Virgin Galactic, LLC
Billionaire Richard Branson’s commercial space carrier announced in late 2013 that it would be accepting bitcoins as payment for future space travel. Its first payment came from a flight attendant from Hawaii, but more soon followed, including the high-profile Winklevoss twins, who used bitcoins to purchase their own space flight tickets in March of this year.
“Virgin Galactic is a company looking into the future; so is bitcoin. So it makes sense we would offer bitcoin as a way to pay for your journey to space,” Branson said in a statement.
But these companies are just a handful of those adopting the digital currency. Tesla, Wordpress, Zynga, Etsy and others have already allowed consumers to purchase products with bitcoin, and with Ebay on board, more are sure to follow.Comment -
Sounds like the US dollar! Perception is everything.
In any event, W*U seems to be busting some balls. I assume at the request of our lovely freedom fry spewing oppressors (i mean leaders). So, to move "money" from where we have have it to where it needs to go, this is BY FAR the best option. As someone previously said, the fluctuation in the hour or less that it should take to move the "money" from the comforts of your own home is offset by other inconveniences and costs as well as the potential gain.
Basically, imo, if you are not all in supporting this you are either completely oblivious or are a complete jirk off. Can't really come up with an alternative explanation.Comment -
You can't really talk about bitcoin without talking about the blockchain. But that's something I think people have to learn about for themselves.
In the end (by the year 2040) there will be a total of 21 million bitcoins, and no more will ever be mined.
If there are 21 million bitcoins, and 10,000 people want to use the blockchain, then they're probably not going to be worth too much.
If however, someday 500 million people want to use the blockchain, bitcoins should be worth a lot.Comment -
Some respected companies use bitcoins in usa but not many people actually using it yetComment -
Dish takes BitcoinsComment -
Sam everyone understands your point however you need to realize if you transfer funds into your account to bet and want to withdraw after the days games are over you can loose over 10% or more on days it is tanking...its had a draw downs over the last month daily of over 15% 3 x in the last month. if you playing any kind of coin your going to waked for over $500 on multiple days just trying to fund and withdrawal. I use bitcoin all the time but have lost major $$ transferring it over the last month interday. is is worth it for records ?sometimes yes but lately no way.Comment -
Who Accepts Bitcoins?
List of Companies Who Accepts Bitcoins as Payment!
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Bitcoin always good threads
The pros and cons to it
Good workComment -
It cracks me up how fired up Bitcoin promoters get when discussing Bitcoin. You guys should work for their company.
Way too much personal information being asked when dealing with Bitcoin. Kind of ridiculous.Comment -
It cracks me up how ignorant some are...Comment -
Use these threads as education
Pros and consComment -
Sammy side question:
can you explain to us the 5% drop in this so called currency in the last 24h?...a 28% drop in the last week and a 36% drop in the last month?Comment
