Someone just made a $147,239,214 Bitcoin transfer

Re:Someone just made a $147,239,214 Bitcoin transfer by eof on Friday November 22, 2013 @01:41PM (#6782784)

i love this

     this is just another reason why bitcoin will not work

5 years later; several orders of magnitude later, so many arbitrary "milestones" met (parity with dollar, can i buy airplane tickets with it?, well we'll see when the government recognizes it)

when do you decide that bitcoin 'works'? i mean; it is absolutely undeniable 100% certainly no-matter-what-you-say currently working RIGHT NOW; the mental dissonance around bitcoin naysayers is becoming hilarious

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Re:Someone just made a $147,239,214 Bitcoin transfer by mariusz79 on Friday November 22, 2013 @01:55PM (#6782894)

Size of the current bitcoin economy is "just" $8bln. While it sound like a lot of money, comparing to the rest of the economy it does not even qualify as a pocket change.

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Re:Someone just made a $147,239,214 Bitcoin transfer by johnyzee on Friday November 22, 2013 @02:32PM (#6783173)

It is larger than more than half of the world's currencies: http://coinometrics.com/bitcoin/bmix

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Re:Someone just made a $147,239,214 Bitcoin transfer by termain on Friday November 22, 2013 @02:05PM (#6782963)

So it's definitely worked well enough to create an 8 billion dollar economy?

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Re:Someone just made a $147,239,214 Bitcoin transfer by throwaway1979 on Friday November 22, 2013 @02:24PM (#6783105)

I was a naysayer until recently. After the senate hearing, I ate crow. Too late to profit at this point though :(

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Re:Someone just made a $147,239,214 Bitcoin transfer by localhorse on Friday November 22, 2013 @02:47PM (#6783271)

I'm not sure that's true.

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Re:Someone just made a $147,239,214 Bitcoin transfer by throwaway1979 on Friday November 22, 2013 @03:05PM (#6783372)

What is your price target, if I may ask?

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Re:Someone just made a $147,239,214 Bitcoin transfer by pazimzadeh on Friday November 22, 2013 @03:30PM (#6783505)

7,000 USD within five years.

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Re:Someone just made a $147,239,214 Bitcoin transfer by BrokenPipe on Friday November 22, 2013 @06:54PM (#6784529)

More likely to be within 2014 at this velocity and no reason to think it won't be S curve adopted.

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Re:Someone just made a $147,239,214 Bitcoin transfer by hnha on Friday November 22, 2013 @05:47PM (#6784255)

one that could turn into a 8 million thing in a day when the speculators stumble and the bubble bursts.

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Re:Someone just made a $147,239,214 Bitcoin transfer by mrb on Friday November 22, 2013 @08:27PM (#6784794)

"can i buy airplane tickets with it?, well we'll see when the government recognizes it"

Yes, you can! An air travel agency announced today they started accepting bitcoin (cheapair.com): https://news.ycombinator.com/item?id=6784265

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