Friday, November 28, 2014

10 benefits experienced Bitcoin merchants don't know about accepting Bitcoin.

1. If you afraid to promote Bitcoin on your work (job, business) - you're losing not only opportunity to make future closer, you're also losing your ability to get loyal customers, to make yourself recognizab...

Monday, November 24, 2014

Open letter for Bitcoin trolls

 Technically Bitcoin works pretty much like a real gold with ability to transport it instantly to any part of the world. Karpeles (Mt.Gox) was one of those people who managed to run away with this type of gold due to ignorance of public. Karpeles was able to do this, because people trusted him to store their Bitcoins on his service (The same thing as letting someone else to store your gold for you in exchange for paper). After Mt.Gox incident, there is a huge variety of services which never store your gold, I don't know why people trusted...

Sunday, November 2, 2014

Sit back and relax, wait for the world to catch up. We're sitting on Dragon eggs waiting for them to hatch.

I feel as though the momentum you are describing is essentially driven by buzz around Bitcoin, and as such may be mercurial. The momentum is driven by bitcoin's economic advantage of being the lowest transaction-cost currency for online and distanced transactions. People choose bitcoin over altcoins then because they want the most compatible cryptocoin, the one that has has mass-approval, this is the network effect that says that a network is more valuable to new people the more people that are a part of it--and bitcoin is by far the more important...