Wall Street set to pour money into Bitcoin (NY Times)

[exploited]

The black market is not Good Guy Gregs.

[The Dharma Bum]

bah who cares about that.

Two great days of trading. I can't wait for tomorrow

[The Dharma Bum]

Overstock.com to be come first large US retaier to accept bitcoin:

http://www.coindesk.com/overstock-first ... r-bitcoin/

No cheap XBT last night. Major transfers happening on the blockchain. China is still bullish on XBT just moving their portfolios to offline wallets. Almost 4B in volume at exchanges this month alone.

[Winchester]

[Mr.Bill]

[The Dharma Bum]

[The Dharma Bum]

[Mr.Bill]

[The Dharma Bum]

Currency conversion is emerging because of the global nature of the new economy. One of the benefits of bitcoins is because it makes it easy to exchange various currencies quickly at a good price. Say for example you are talking a flight to UK you don't have to convert to euro or pound, or if you do for some reason it's very easy to do on the go.

One of the reasons I say these currencies are the way things will be done in the future is because state issued fiat currencies can't properly deal with the nature of the emerging global market and communications technology. They are literally dinosaurs trying to survive the aftermath of a big asteroid strike.

Cryptocurrency is a technical development that is driven by the same social change that is driving globalization and the global society that is emerging is going to supercede nationalistic state capitalism in the way the emergence of village markets led the way to democratic society from the feudal order.

[Mr.Bill]