bitcoin becoming legit currency

[Raymondo]

My friend, I'm hearing through the grapevine that the renowned Vincent Goodcum Enterprises, LTD. is putting its weight behind the coin. This will send waves through the markets.

 

[El Diablo Blanco]

Takeaway.com, one of the world’s largest food-ordering websites that specializes in online food ordering and home delivery now accepts bitcoin:
http://www.coindesk.com/netherlands-food-delivery-network-bitcoin/


Subway sandwich shop in Russia now accepting bitcoin payments:
http://www.coindesk.com/subway-sandwich-russia-bitcoin-payments/


This is just the beginning. Wouldn't have been nice to buy Apple stock when it was a few dollars? I'm surprised at the amount of computer savvy dudes here don't see the why its inevitable bitcoin succeeds.

Don't store your bitcoins on any exchange as the people who lost their bitcoins in China did. It's a currency just like any other fiat currency that can be traded. Unlike fiat currencies, it will find free market value. That value is considerably higher than the current price. If you invested in bitcoin when this thread was started you'd already be up 20% in your investment. Bitcoin broke through $500 today. I don't know of any other investment that performed that well in the past week. There is a limited number of bitcoins that can't be printed to oblivion like every other fiat currency can and will be. That puts considerable value on each bitcoin. Bitcoin will appear unstable until market value is found. It might even suffer pull-backs but estimates put that value above $10000 per coin.

so a bitcoin is worth $400, you can buy a sub at subway for $5. so you are using 1/100^th of a bitcoin?  sounds legit to me. 

[BOW]

How fucking nice is it to wake up and find I just made a $1000 profit off of litecoin like I said it was worth earlier. I don't know if I should hold or sell this stuff just keeps going up and up

[Mr Nobody]

I farted on a bitcoin to test authenticity no response.

[The True Adonis]

How fucking nice is it to wake up and find I just made a $1000 profit off of litecoin like I said it was worth earlier. I don't know if I should hold or sell this stuff just keeps going up and up

Sure you did.

[The True Adonis]

I remember way back when eggs cost 0.000000021 Bit coins.  Those were the days.

[Ganuvanx]

so a bitcoin is worth $400, you can buy a sub at subway for $5. so you are using 1/100^th of a bitcoin?  sounds legit to me. 

I was very critical of bitcoin at first too until I learned the nuances of the currency. A single coin is divisible up to 8 decimal places. In the past day it’s up over $150. Since the start of this thread it’s up over 50 percent. It will continue to outperform any other investment you can make. The government can do absolutely nothing to stop it. The only reason they’ll attempt to make it look criminal is because they missed the boat on it. It’s revolutionary, as much as the internet was. A complete paradigm shift on how we think of currency. Jump aboard while it’s cheap. Buy 0.5 bitcoin just in case.

[Ganuvanx]

Sure you did.

Why do you doubt him? Check the online exchanges for yourself. Had you invested in Litecoin last week, you would have doubled your money. Litecoin is a competing digital currency.

[The True Adonis]

I think someone should come up with a currency based on nintendo 8-bit video games. 

[Mr Nobody]

I had a Afro American today ask me at the gas station "Can I hold some Bitcoins" I said no I am low today.

[The True Adonis]

I had a Afro American today ask me at the gas station "Can I hold some Bitcoins" I said no I am low today.

I saw one pay for a Moon Pie with a Bitstamp.

[Mr Nobody]

I saw one pay for a Moon Pie with a Bitstamp.

[El Diablo Blanco]

Why do you doubt him? Check the online exchanges for yourself. Had you invested in Litecoin last week, you would have doubled your money. Litecoin is a competing digital currency.

and there is your reason why this is a scam.  So bitcoin, now litecoin, what's next?

[Ganuvanx]

and there is your reason why this is a scam.  So bitcoin, now litecoin, what's next?

US dollar, Canadian dollar, Mexican Peso, Japanese Yen... all competing currencies including the Zimbabwean dollar.  The free market determines their value. Right now Bitcoin is the US dollar of crypto currencies. However, bitcoin can't be printed into oblivion or maniuplated like the US dollar making bitcoin a superior currency.

Here is more news today for those who doubt the legitimacy of bitcoin:

U.S. Agencies to say Bitcoins Offer Legitimate Benefits:
http://finance.yahoo.com/news/u-agencies-bitcoins-offer-legitimate-030000406.html

If the Federal Reserve says bitcoin is ok, I wouldn't want to be sitting on the sidelines debating its value.

[BOW]

Why do you doubt him? Check the online exchanges for yourself. Had you invested in Litecoin last week, you would have doubled your money. Litecoin is a competing digital currency.

do feed the trolling man all i know is comparing the charts of litecoin to bitcoin they followed similar paths. i saw that litecoin was late to the party since bitcoins big jump. it was trading around $3.8-4.2 as of 2 days ago when i bought 150 ltc. saw a jump to $5.38 last night, woke up this morning and it peaked around $9! I think litecoin can hit around $20-30 over the next few weeks, not bad for a quick investment. there is money to be made wether its viable or not. who cares how you make money as long as you make it.

[BOW]

bitcoin is too high right now so people will be pouring money into litecoin to make quick money thats what im doing. so the more people do the same that i do,it will drive the market prices up. expect a huge boost in price when china wakes up. im thinking of dropping $2k into this its tempting...

[The True Adonis]

bitcoin is too high right now so people will be pouring money into litecoin to make quick money thats what im doing. so the more people do the same that i do,it will drive the market prices up. expect a huge boost in price when china wakes up. im thinking of dropping $2k into this its tempting...

You should invest your life savings if you really want to make the dough.

[BOW]

You should invest your life savings if you really want to make the dough.

thanks for the advice

[The True Adonis]

thanks for the advice

No problem.  The first one is free, but the next time its going to cost you. 17 percent.

[Archer77]

Bitcoin's don't seem very stable

[BOW]

someone just made $120000 selling off their ltc on btc-e.com wow this is nuts

[Tapeworm]

Bitchcoin, bitch.

[The True Adonis]

someone just made $120000 selling off their ltc on btc-e.com wow this is nuts

Are you aware that we have getbiggers everyday making that and more on a daily basis?

[BOW]

[Mr Anabolic]

US dollar, Canadian dollar, Mexican Peso, Japanese Yen... all competing currencies including the Zimbabwean dollar.  The free market determines their value. Right now Bitcoin is the US dollar of crypto currencies. However, bitcoin can't be printed into oblivion or maniuplated like the US dollar making bitcoin a superior currency.

Here is more news today for those who doubt the legitimacy of bitcoin:

U.S. Agencies to say Bitcoins Offer Legitimate Benefits:
http://finance.yahoo.com/news/u-agencies-bitcoins-offer-legitimate-030000406.html

If the Federal Reserve says bitcoin is ok, I wouldn't want to be sitting on the sidelines debating its value.

If the Fed says it's okay, that means they created it. 

Asshole... WAKE UP!