Marc van der Chijs on Twitter: Reading through some of the Bitmain IPO documents. My conclusion: they made a HUGE mistake selling BTC for BCH. If I would still hold any BCH I would sell them right away. I will stay far away from both Bitmain & BCH.

Marc van der Chijs on Twitter: Reading through some of the Bitmain IPO documents. My conclusion: they made a HUGE mistake selling BTC for BCH. If I would still hold any BCH I would sell them right away. I will stay far away from both Bitmain & BCH. submitted by /u/slacker-77
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Bitcoin – The Currency of the Internet

“I would take my salary in Bitcoin if merchants accepted it.” The way Bitcoin wins is if WE show demand for the merchants who ALREADY DO accept it. 10,000’s of merchants accept Bitcoin, but we can’t find them online. Screw another website tracking price. We need a website that facilitates trade.

If you think that this ecosystem is too big for you to make an impact, you're sadly mistaken. The guy who started Coinmarketcap.com was a college kid living in Brooklyn.

It's up to us to build the future. It's up to us to drive demand. Many merchants offer a discount for paying in Bitcoin – Fuck it, I'd gladly pay 5% more if you let me pay in Bitcoin.

Create a website. Make a little database search. Email merchants asking if they want to be listed.

Get popular, make a millino bucks no problem.

Microsoft was started in a garage. Coinmarketcap was started by a guy who bought a website domain sitting in his bedroom.

submitted by /u/GabeNewell_
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Bitcoin – The Currency of the Internet

If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners “Ultra High Net Worth Individual” status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world’s financial elites.

If the Bitcoin price rises to over $  1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$  50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Would you like: “give BTC” option on reddit

I thought this would be a good option since "give gold" is a thing reddit staff is pursuing.

This could bring along the best answers, but I'm sure there will be many many downsides as well.

But would you give for good answers?

UPDATE:

  • TipBit is great and does exact what "give BTC" should; you register via a DM to the bot account, the bot replies with a deposit address, and then by commenting u/tip_bit /u/SOMEONE 1 where 1 is in mBTC and otherwise u/tip_bit /u/SOMEONE $ 1 for dollars, the bot will send the money to /u/SOMEONE. But, I do not trust this bot, you shouldn't either.
  • BANANO bot seems like a good option, but I have my doubts. But check out the cool commands those people created! (Psst, comment !ban 100 on any post)

submitted by /u/gumgumwot
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Bitcoin – The Currency of the Internet