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January began as any other year, but hot on the heels of Microsoft's acceptance of bitcoin for it's online products, which followed the previous year when several tech companies including Paypal begin rolling out support for the crypto currency. The falling Ruble in Russia created a great deal of despair, which caused a great deal of the wealth in Russia to be squeezed into alternatives such as Bitcoin. This influx of wealth, combined with the constant downwards selling pressure from the stolen MtGox coins and miners, caused a slight but steady and dependable rise in price over the first three months of 2015, balancing out the negativity of 2014. The longer the price goes without a dip, the sturdier it is seen, and the greater the confidence the general public has in bitcoin, which creates a feedback loop. No bubbles are seen yet though and the price seems to be oblivious of any good news. Around March, Microsoft and Dell, two major tech companies who accepted bitcoin, announced they are beginning beta testing of internal account settling in bitcoin. Larger insurance companies now offer insurance services in the event of lost coins. The larger tech companies begin advertising for cryptocurrency engineers, and a new class of programmer/accountant is emerging. News reports of tech companies offering part or all of employee's salaries in bitcoin appear now and again. In 2015, it increasingly becomes a question of 'when' and not 'if' major tech companies will accept bitcoin. Tech journalism catches up with this shift in perception and articles begin speculating on the possibilities of what services crypto would allow for different websites, which creates demand from their consumers. Google, whose digital wallet had been in perma-beta for the past few years, finally adds support for bitcoin, allowing people to send the crypto currency to people's emails, making it much more user friendly. Multi-sig is used to keep people's funds un-touchable, but Google analyses everyone's transactions for 'advertising purposes'. This does however offer interesting new services through Google, which runs it’s own internal record keeping of bitcoin and uses the blockchain for bulk payments. Micro payment options for sending small fees with email cuts down on spam dramatically, youtube content blossoms with crowd-funding and tipping, but now almost every video has an annoying begging segment at the end where they ask you to donate bitcoin. This kills the Patreon. Sooner or later some idiot puts his entire bitcoin savings on his google wallet and uses ‘password1234’ as his password. His account gets hacked and he loses all of his coins. He gets interviewed a lot about it. This story will happen during an otherwise slow news week and be on most newspapers’ page twos. Anyone in the media over the age of 40 will condemn and denounce bitcoin, and talk about it with an incredulous tone in their voice. Paypal now has a 'bitcoin wallet' but doesn't allow you to convert between currencies because of government regulational bullcrap. Coinbase has become larger and is now the quickest way to do international payments between it's supported countries. Valve announces they will begin allowing payments in bitcoin at the end of 2015, not only for buying games but for Workshop content. This incentivizes the modding community and it explodes with excitement over the possibilities. There are posts on reddit about modders quitting their day jobs to make mods full time. Unfortunately, in typical valve style, it takes a further 2 years for it all to be fully implemented but they get there in the end somehow and it’s very awesome. /r/gaming starts a bitcoin-funded campaign for HL3 but it dissolves into bickering and drama amongst the users before fizzling out entirely. Facebook makes noise about being interested in bitcoin, but is unsure of how to implement it in a meaningful way. They are asked about it in interviews, say positive things about it but not much more than that. Somehow this gets mis-translated and people mistakenly think facebook is about to start charging fees to use the website, leading to thousands of stupid ‘I will leave facebook if they charge for the service! Repost if you agree!!!!!’ messages. Towards the end of the year, Apple finally builds an SDK for it's NFC which opens it up to 3rd party developers. Combined with the fingerprint scanner it becomes the most secure mobile wallet on the planet. TouchID now includes support for retina scanning and saliva DNA analysis by holding the phone up to one's eye and licking the bottom of the phone while pressing TouchID, all at once. This is all great until Apple mentions you're only allowed to use bitcoin for iTunes purchases for the moment, and we have to wait a further year to use it for, well, pretty much anything that’s actually useful. Looking past 2015, these are the general trends that will continue through into 2016, where the world becomes increasingly aware of the Halvening; when block rewards drop decreasing sell pressure. This likely generates the first speculative bubble since 2013 after the news has a story about a single mother becoming a bitcoinillionaire overnight.
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# ? Dec 16, 2014 14:24 |
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# ? Mar 28, 2024 21:58 |
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i feel dirty after reading that
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# ? Dec 16, 2014 14:53 |
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quote:In 2015, it increasingly becomes a question of 'when' and not 'if' major tech companies will accept bitcoin. as it was in 2014, and in 2013, and probably 2012 too
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# ? Dec 16, 2014 15:04 |
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Bitcoiners write the worst fan-fics.
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# ? Dec 16, 2014 15:05 |
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Hurt Whitey Maybe posted:January began as any other year, but hot on the heels of Microsoft's acceptance of bitcoin for it's online products, which followed the previous year when several tech companies including Paypal begin rolling out support for the crypto currency. Sham bam bamina! posted:i feel dirty after reading that
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# ? Dec 16, 2014 15:09 |
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i love how they use the word bubble just to mean the price going up now
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# ? Dec 16, 2014 15:17 |
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Hurt Whitey Maybe posted:are posts on reddit about modders quitting their day jobs to make mods full time why can't people do something just because they enjoy it in libertopia? tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping tipping
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# ? Dec 16, 2014 15:21 |
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have all the laffs been mined from galts gulch. this is the most recent I can find http://news.nationalpost.com/2014/0.../#__federated=1
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# ? Dec 16, 2014 15:30 |
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the whole reason patreon works is because of recurring payments you forget about. since ~~the blockchain~~ can't do these, you would need to trust a wallet and it's irreversible transactions to a web service lol
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# ? Dec 16, 2014 15:34 |
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neonbregna posted:have all the laffs been mined from galts gulch. i think they are all suing each other now
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# ? Dec 16, 2014 15:48 |
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Hurt Whitey Maybe posted:January began as any other year, but hot on the heels of Microsoft's acceptance of bitcoin for it's online products, which followed the previous year when several tech companies including Paypal begin rolling out support for the crypto currency. tell me about the
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# ? Dec 16, 2014 16:03 |
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Greyhawk posted:i think they are all suing each other now If only their contracts were on a blockchain
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# ? Dec 16, 2014 16:10 |
Hurt Whitey Maybe posted:January began as any other year, but hot on the heels of Microsoft's acceptance of bitcoin for it's online products, which followed the previous year when several tech companies including Paypal begin rolling out support for the crypto currency. tldr
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# ? Dec 16, 2014 16:25 |
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also can i be the year of hyperbitcoinization where after you still can't buy everyday stuff with it
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# ? Dec 16, 2014 16:30 |
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Hyperbitcoinization = the Rapture for lolbertarians
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# ? Dec 16, 2014 16:47 |
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JFairfax posted:Dr No Bitcoins Dr No CHARGEBACKS
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# ? Dec 16, 2014 16:53 |
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Hurt Whitey Maybe posted:This kills the Patreon.
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# ? Dec 16, 2014 16:57 |
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You can't even buy time magazine itself using bitcoin. "Consumers can now pay for digital and print subscriptions of Fortune, Health, This Old House and print subscriptions of Travel + Leisure using bitcoin."
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# ? Dec 16, 2014 17:16 |
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Soricidus posted:commodeity
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# ? Dec 16, 2014 17:49 |
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Owlofcreamcheese posted:You can't even buy time magazine itself using bitcoin. Time now accepts money and in return will not ask where said money came from
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# ? Dec 16, 2014 18:22 |
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that crab just looks so fuckin sad
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# ? Dec 16, 2014 18:23 |
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, i'm pretty sure
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# ? Dec 16, 2014 18:33 |
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this is the article with the graph showing bitcoins dropping faster than rubles http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/15/russias-economy-is-doomed-its-that-simple/?tid=pm_pop linking it because i want an excuse to copy/paste this quote: Add it all up, and the ruble has fallen something like 22 percent against the dollar the past month, with 11 percent of that coming on Monday alone. As you can see below, the Russian ruble has fallen even further than the Ukrainian hryvnia or Brent oil has this year. The only asset, and I use that word lightly, that's done worse than the ruble's 50 percent fall is Bitcoin, which is a fake currency that techno-utopians insist is the future we don't know we want.
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# ? Dec 16, 2014 18:36 |
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prefect posted:The only asset, and I use that word lightly, that's done worse than the ruble's 50 percent fall is Bitcoin, which is a fake currency that techno-utopians insist is the future we don't know we want.
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# ? Dec 16, 2014 18:38 |
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Exinos posted:Bitcoiners write the worst fan-fics. also the insurance policies against getting "hacked"
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# ? Dec 16, 2014 19:00 |
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Sham bam bamina! posted:fully sick i just wish it had read "the future we know we don't want", but it's still good
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# ? Dec 16, 2014 19:02 |
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neonbregna posted:have all the laffs been mined from galts gulch. this is the most recent I can find http://news.nationalpost.com/2014/0.../#__federated=1 this is just loving brilliant. yeah, we just decided to set up shop in a developing nation, figured they wouldn't mid so much about laws, permits, etc. besides, my business partner is totally going to sort all that out, so buy in now while the gettin's cheap (*not actually cheap). whoops, turns out that sovereign government actually does care about the rule of law and my partner couldn't be hosed to get the required permits to do anything with the brushland you just spent $150k on. in any case, i'm confident my next lolbertopian venture will be wildly successful, get your tickets now!
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# ? Dec 16, 2014 19:03 |
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prefect posted:i just wish it had read "the future we know we don't want", but it's still good
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# ? Dec 16, 2014 19:03 |
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is it not too late to join the emerging class of programmer/accountant? I do not want to be left behind
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# ? Dec 16, 2014 19:10 |
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infernal machines posted:this is just loving brilliant. If they give back $50k of each $150k purchase while blaming the government then they'll be lauded as free market heroes
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# ? Dec 16, 2014 19:58 |
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Sham bam bamina! posted:, i'm pretty sure I couldn't decide, honestly. Either way, we all get to look at that sadcrab
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# ? Dec 16, 2014 19:59 |
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im still patiently waiting for 'libertarian house' reality show. i already make the wiki why isnt it happening??
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# ? Dec 16, 2014 20:02 |
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theflyingexecutive posted:that crab just looks so fuckin sad I think it is already dead in that photo
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# ? Dec 16, 2014 20:11 |
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please santa make bitcoin crash during the bitcoin bowl. then have bitpay sell it to mike nelson so he can change the name back to the beef mclargehuge bowl.
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# ? Dec 16, 2014 20:13 |
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DNova posted:I think it is already dead in that photo on the inside, maybe
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# ? Dec 16, 2014 20:15 |
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have they acknowledged that if you do get five thousand tips that means you'll have to click on five thousand links to wind up with like $90
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# ? Dec 16, 2014 20:18 |
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indigi posted:have they acknowledged that if you do get five thousand tips that means you'll have to click on five thousand links to wind up with like $90 bitcoiners' time is valueless and they lack any understanding that this is not the case for other people.
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# ? Dec 16, 2014 20:33 |
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Hammerite posted:bitcoiners' time is valueless and they lack any understanding that this is not the case for other people.
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# ? Dec 16, 2014 20:33 |
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will 2015 finally be the year of bitcoin on the desktop?
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# ? Dec 16, 2014 20:57 |
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# ? Mar 28, 2024 21:58 |
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indigi posted:have they acknowledged that if you do get five thousand tips that means you'll have to click on five thousand links to wind up with like $90 Isn't the tip claiming automatic after the first one?
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# ? Dec 16, 2014 21:06 |