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Showing posts with label bitcoin advantage. Show all posts
Showing posts with label bitcoin advantage. Show all posts

Off Topic: 10 Most Interesting Places to Spend Your Bitcoins!


Bitcoin continues to gain popularity as a digital currency, but what business actually accept them? Here are 10 prominent online and brick-and-mortar retailers.

As of the time of writing, the going price for a Bitcoin is $621.69. If you've got some to throw around, here is a list of 10 places currently accepting Bitcoin as payment.

1. Virgin Galactic - The airline is now accepting Bitcoin for space flights on board the SpaceShipTwo. One seat on the six-passenger spaceship costs $250,000 and Virgin Galactic plans to operate flights out of Spaceport America in New Mexico by 2015.

2. Wordpress - The popular blogging platform accepts Bitcoins as payment for upgrades and allows users to install plug-ins for accepting the currency on personal websites that use the free service. The feature has been place since 2012.

3. Expedia - Expedia, the online travel site, announced it will start accepting Bitcoin for hotel bookings. If people utilize the service, the company said it will eventually bring it to other areas of the site like air travel, car rental, and other vacation services. 

4. Pizza for Coins - Order a Domino's, Papa John's, or Pizza Hut pizza with Bitcoin using the website PizzaforCoins and receive it at your door. Pizza for Coins prices fluctuates as the demand for Bitcoin changes, but a large, thin crust Papa John's cheese pizza is $0.0259 Bitcoin right now, or $16.32.

5. The Pirate Bay - The popular BitTorrent website for downloading music, movies, games, and software accepts Bitcoin as donation funds to keep the site up and running. Before, the site relied on banner ads for money, and the digital currency makes it much harder to trace who is funding the site.

Actually there are a lot of things that you can experience using bitcoins, so enjoy it while it's hot!

Bitcoin will be Bigger than Facebook?


Winklevoss Bros: Bitcoin Will be Bigger than Facebook!

Tyler and Cameron Winklevoss discovered bitcoin in June 2012 while on vacation, and have had big plans for the digital currency ever since. The duo claims that bitcoin encourages financial freedom and openness.

Bigger than Facebook

Their destiny's lead them to bitcoin while in Ibiza, after bumping into a familiar face. Tyler explains:
"We were on vacation, and happened to bump into a guy who is mutual friend and he started to tell us about bitcoin. We were fascinated from day one. At the time we were just re-immersing ourselves inside the tech world, getting into the trnches again."
The twins introduction to bitcoin occurred soon after legal battles against Facebook founder Mark Zuckerberg. The brothers won $65 million in a settlement, after Zuckerberg was accused of stealing their social media idea. With all that behind now, Tyler believes bitcoin is the next big mainstream focus, and that it has the potential to be even bigger than Facebook. He says:
"Bitcoin potentially could be more impactful because being able to donate 50 cents to someonce across the world has more impact that potentially sharing a picture. But they're very different. Facebook is like the internet - a large company and an application. Bitcoin is a protocol for decentralization, so you could build a decentralized company on top of it, a stock market. It's an internet of ownership, so it's not quite a direct comparison."
 As the 32-year-old investor mentions, bitcoin and Facebook are two completely different mediums, however, both work on bringing people to interact with one another through peer-to-peer networking. The brothers remain optimistic that the rest of the world, including Wall Street, will take notice and implement the digital currency. Tyler compares the doubters of the internet from the 1990s, to doubters of bitcoin today. Though the concept is new and some minor bugs need to be worked out, time will show how resourceful bitcoin will be.

Source: coinreport.net

The Difference of Bitcoin and Dogecoin


Charts to show how Different Bitcoin and Dogecoin fans really are!

As messages boards and news articles routinely show, bitcoin and dogecoin have attracted markedly differently crowds to the digital currency community.

Bitcoin fans routinely allege that dogecoin's very existence undermines what they consider the overall message of digital currency movement that consumers should be freed from archaic monetary systems, while dogecoin users are quick to point out that bitcoin users can be overly focused on the value of bitcoin against the dollar.

Now, two new graphics have emerged that use the words of the communities' own reddit users to illustrate the differences between the respective groups. Popular terms "people", "money", and "time" dominate the bitcoin subreddit, while in the dogecoin subreddit, words like "dogetipbot", "verify" and "help" are the most common.

Bitcoin emphasizes financial systems

The bitcoin subreddit word cloud includes a wealth of terms related to existing financial systems, suggesting that bitcoin enthusiasts want to see BTC disrupt the global financial system. That, in turn, might cause its price to continue upward.


Words like "transaction", "government" and "bank" show that bitcoin fans on reddit are talking about BTC in terms of how it could be replace fiat systems of monetary value.

Dogecoins focuses on giving

By contrast, the dogecoin subreddit word cloud includes a number of terms related to gratitude. "Help", "thanks" and "community" are some of the more popular expressions used.


The dogecoin community has also created a lingo all of its own with terms such as "shibe", "wow" and "moon" prominently appearing on the chart. This suggest that dogecoin has created a unique community in the short time since its December launch.

Bitcoin versus Dogecoin?

It's hard to put bitcoin and dogecoin in direct competition with one another. Yes, they are based off of the same core software, but they were built for two different reasons. Bitcoin appeared because of distrust over government controlled money, which has been the subject of conversations on its subreddit.

Dogecoin, on the other hand, was started as a joke. No one would have ever thought that it would become so popular, even to the amazement of its creator, Jackson Palmer. And the more carefree conversation in the dogecoin subreddit is a reflection of that.

Source: coindesk.com