Do you guys think this will be a bubble?
Do you guys think this will be a bubble?
Do you guys think this will be a bubble?
I think the internet itself is a bubble. A few years from now, everyone will realize how it has no intrinsic value and will go back to using books and newspapers.
this was reported days ago. basically about baidu jiasule not accepting btc payments anymore. It probably contributed to the dip from 1k to 700, now back to 875.Next crash coming soon
Chinese vendors stop taking bitcoins as a result of new regulations | PCWorld
this was reported days ago. basically about baidu jiasule not accepting btc payments anymore. It probably contributed to the dip from 1k to 700, now back to 875.
A grocery store in the Chinese city of Harbin also gained some media attention in September as an early adopter of bitcoins. But on Sunday, the store said it was dropping the service.
hmmm...if it's really going viral over there, then it might lead to another major dip.Yeah, and many other smaller merchants are following baidu. Maybe some of them planned to be fronts for money laundering activities. This grocery store, for instance
The news is still going viral. I think there'll be another crash soon
The market for it is huge. The World Economic Forum estimates over $1 trillion in bribes are paid around the world each year and the economists concede that, in some countries, businesses have little choice but to play the bribery game. Of 183 countries they assessed, a substantial majority were deemed to be “corrupt to a significant degree”, with New Zealand recognised as the least corruptible.
Don't be a little propaganda repeater. Fiat paper dollars are way more practical and hide-able than any cryptocurrency is. This is why black markets are still mostly cash based.Crypto currencies are set to capture a significant percentage of the global bribery "market" and will probably end up boosting bribery imo.