paswa17: How are you supposed to get a $5 footlong with bitcoins?No, seriously. One bitcoin is upwards of $500. Are they accepting them in exchange for gift cards? Or are they walking out like this?[cdn.uproxx.com image 500x375]
trotsky: Outside of Craig's List or meeting some neckbeard in a parking lot.
tricycleracer: Must be a real cockpunch when, a week later, that sandwich cost you $40 in unrealized gains.
Ivo Shandor: tricycleracer: Must be a real cockpunch when, a week later, that sandwich cost you $40 in unrealized gains.That's not as bad as the $6 million pizza.
trotsky: They price is really deceptive. It's apparently based on Magic:The Gathering trading card exchange and they are supposedly unable to process btc=USD transactions right now. Well, they can but you can only take out so much at one time and that may take up to 72 weeks. That's right, you would make landfall on Mars before you could actually convert your butts to something useful.Plus, and this is pretty important, the BTC economy is extraordinarily shallow. I was watching the Magic:The Gathering chart and small sell-offs would plummet the price by as much as $20-$30.The trick for businesses is this: will your suppliers or employees take BTC? Because right now converting into useful cash is basically impossible. Outside of Craig's List or meeting some neckbeard in a parking lot.
LesserEvil: Ivo Shandor: tricycleracer: Must be a real cockpunch when, a week later, that sandwich cost you $40 in unrealized gains.That's not as bad as the $6 million pizza.I wish I had thought of that...http://ounce.me/Yeah, on the MTGOX exchange, BTC hit $900USD. That was the evening BTC got some legitimacy from the congressional hearings.Cryptocurrency is here to stay, folks.I wish I had a little more patience back in 2008 when I looked into bitcoin the first time, I'd have mined a hundred thousand of them, traded in when it hit $200 and retired.
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