Bitcoin hits $100



schockergd said:
Mid this week I'll have BTC available via paypal.
What does that mean, exactly? You'll be taking paypal and crediting bitcoin for your customers?

You do know that paypal can charge back and bitcoin can't, right? Anyone dealing as both is likely to get stuck with the bill whenever paypal is being a bitch...


I would not be surprised if a major retailer like starbucks, amazon, netflix etc starts accepting them in addition to a bitcoin type mutual fund
Would a hedge fund do? First Bitcoin Hedge Fund Launches From Malta - Forbes
 
$169
Most bitcoin buyers now
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Meanwhile at lukeps house

scrooge-skiing-460x250.jpg
 
It's what a mania looks like.

Probably, but we could just be in price discovery. There are only 11,000,000 of these things, and there is a much higher number of people who want them globally. I wonder what they are willing to pay for them.
 
Millyun dolla per son. Chyea.

The constrained supply is really interesting. When tulips get popular, more are grown. When gold goes up, more people mine it. When Bitcoin goes crazy... same number are created at the exact same (decreasing) rate. That's definitely an interesting property of this situation.
 
What is everyone's opinion on Litecoin? In terms of actual usefulness vs. bitcoin and speculating?
 
The constrained supply is really interesting. When tulips get popular, more are grown. When gold goes up, more people mine it. When Bitcoin goes crazy... same number are created at the exact same (decreasing) rate. That's definitely an interesting property of this situation.

But does it really make a difference? 1 BTC can be divided up into thousands of pieces. When BTC goes crazy, smaller and smaller amounts of BTC are going to be worth more relative to paper currency,
 
So all this week I started asking my friends and acquaintances, have you heard about Bitcoin, let me tell about you about bitcoin and the answers were:
1. What?
2. Da fuck?

Which means I'm going to buy more bitcoin.

And I will start to sell it when my friends and acquaintances ask me about bitcoin and whether they should put a second mortgage on it the house to finance more bitcoin purchases.
 
What does that mean, exactly? You'll be taking paypal and crediting bitcoin for your customers?

You do know that paypal can charge back and bitcoin can't, right? Anyone dealing as both is likely to get stuck with the bill whenever paypal is being a bitch...



Would a hedge fund do? First Bitcoin Hedge Fund Launches From Malta - Forbes

If its someone you trust, its not an issue. But yea, PP is known to close your PP account if they catch you xfering $$$ for bitcoins.

I've bought 100s of dollars worth of BTC via PayPal from users on this forum and have had 0 issues.

If anyone reading this has some BTC they wish to sell me. PM me!! Sell me your btc and get your $$$ now! sell b4 teh bubble pops and you are left with $5 lol!
 
Probably, but we could just be in price discovery.
Media attention + hyperbolic market cap = mania.

It will inevitably come down. I have no idea what the "level" for this will be, or when we will find it, but right now, a lot of the interest is driven by momentum.

Are people going to be so enthusiastic to buy in when the price hasn't gone up in a month? Or heaven forbid, the price drops 25% in a month?

That's when we will "discover" whether Bitcoins have any efficacy.
 
A lot of ‘professionals’ could be looking very silly in the next year or two. Akin to those who thought the Internet was over hyped.