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r3m6
on Nov 8, 2013
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Chinese can now buy real estate with Bitcoin
Why would you care about in which currency you are paid?
GigabyteCoin
on Nov 8, 2013
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It's not easy to buy $500,000 worth of bitcoins on the open market at "current value".
TomGullen
on Nov 9, 2013
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Someone bought ~$1mm on gox a few days ago without too much trouble I think
GigabyteCoin
on Nov 11, 2013
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They did, but it sparked a frenzy of buying shortly afterwards...
dllthomas
on Nov 8, 2013
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Cost of conversion would be a potential reason.
creativeone
on Nov 8, 2013
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Right, if there are supposedly buyers from abroad who want to buy, we can save money in currency conversions and transfers across borders.
dllthomas
on Nov 8, 2013
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Doesn't even have to be "from abroad" - if a buyer has a stack of bitcoins and I want a stack of bitcoins, going through an exchange is going to be expensive given the pretty broad spreads (if there's even the necessary liquidity).
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