Paul C. Williams

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Monday, December 23, 2013

Bitcoin is going mainstream

This morning I read on Forbes that Overstock.com is going to start accepting bitcoin payments, probably through Coinbase or Bitpay.  These two companies are really poised to rake in all the spare nickles floating around the market.

In related news, Belgian mobile telecom Mobile Vikings is also accepting bitcoin payments.

This is really good for the stability of bitcoin, which will see the wild deltas in valuation start to settle down as soon as there's a few arbitrage experts around to take advantage of any deviations from real value.

This is following my predicted model for bitcoin stabilization, and someone is making a ton of money.

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