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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. | 
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|  06-09-2011, 04:32 PM | #1 | 
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
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				Is bitcoin godd or bad?
			 Is bitcoin a con? I read people buying bitcoin in the belife these coins could be worth over 1 thousand usa dolloarts per coin. Is there a security risk? For a start could somone create false coins and put them into there account? If bitcoin takes off will it be a great way for criminals to make money, such as selling drugs as there is no cash. 
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|  06-09-2011, 04:32 PM | #2 | 
| Confirmed User Industry Role:  Join Date: May 2011 
					Posts: 541
				 | You're way too dumb to understand it. Thread Closed. | 
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|  06-09-2011, 04:33 PM | #3 | 
| there's no $$$ in porn Industry Role:  Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) 
					Posts: 33,063
				 | Now ask yourself the same question about the USD or the Euro   | 
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|  06-09-2011, 04:35 PM | #4 | 
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
				 | from what i get the coins are limited to somthing like 20 million and no more. coins are created by minoirs who can keep the coins, but a system is in place so only so many are made per hour. 
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|  06-09-2011, 04:36 PM | #5 | 
| aliasx Join Date: Apr 2001 
					Posts: 19,010
				 | A bitcoin is a coin, most new vending machines have been modified to accept them.  As you mentioned, most street dealers use them too.  Pretty rad. 
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|  06-09-2011, 04:37 PM | #6 | 
| So Fucking Banned Industry Role:  Join Date: Apr 2011 
					Posts: 1,241
				 | I do not care. | 
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|  06-09-2011, 04:37 PM | #7 | |
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
				 | Quote: 
 i am not sure how its taking off. it seems like its been around for two years but seems in the last few months to be taking off. 
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|  06-09-2011, 04:38 PM | #8 | 
| Confirmed User Join Date: Jan 2010 
					Posts: 1,952
				 | Yeah miners can keep some coins but they also have expenses to pay so they do sell bitcoins on the market.  Its not cheap running a mining rig.  Hopefully the adult industry will find a way to use them. I know the gambling industry can certainly use them. | 
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|  06-09-2011, 04:38 PM | #9 | 
| Fake Nick 1.0 Industry Role:  Join Date: Oct 2005 Location: Rent free, your head 
					Posts: 27,679
				 | Yeah my dealer just informed me he's accepting bitcoins only... I guess no more drugs for me.      
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|  06-09-2011, 04:40 PM | #10 | 
| aliasx Join Date: Apr 2001 
					Posts: 19,010
				 | Once all drug dealers go full bitcoin the community will push out the sellers of poor quality product.  Bitcoin gangstas that I know of don't even fuck around. 
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|  06-09-2011, 04:41 PM | #11 | 
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
				 | could bitcoins save porn? should ccbill take them as an option? no more declines. seems nice and simple. for a digital world, where the product is digital, surly a digital payment is great. 
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|  06-09-2011, 04:42 PM | #12 | 
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
				 | I am thinking bitcoin is a great way for people from such as china to buy porn. 
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|  06-09-2011, 04:46 PM | #13 | 
| <&(©¿©)&> Industry Role:  Join Date: Jul 2002 Location: Chicago 
					Posts: 47,882
				 | It's rapidly taking off: http://www.google.com/trends?q=bitcoin 
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|  06-09-2011, 04:50 PM | #14 | 
| xxx Industry Role:  Join Date: Jun 2003 Location: UK 
					Posts: 31,547
				 | Or will it simply be a bubble, like others bubbles we have had. Everyone dashing out to by the coins in the belife they will be worth a fortune. It reminds me of everyone dashing out and buying .com domain names that ended up weorth nothing. The theory is having a set limit of coins at 20 million (or somthing) is suposed to stop that. The idea is people will trade with .0000001 of a coin. 
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|  06-09-2011, 04:55 PM | #15 | 
| aliasx Join Date: Apr 2001 
					Posts: 19,010
				 | Most people are ordering bitcoins online then using them for purchase from a local bitcoin only dealer then sell them to n00bs without the bitcoin connect for old paper money. Then they take that and buy more bitcoins and repeat. Uptown NYC is full of bitcoin gangstas in luxury rides, be careful though. Best of luck! 
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|  06-09-2011, 10:39 PM | #16 | 
| Industry Role:  Join Date: Aug 2001 
					Posts: 63,151
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|  06-09-2011, 10:46 PM | #17 | 
| Confirmed User Industry Role:  Join Date: May 2011 Location: tweak-ville, U.S.A. 
					Posts: 1,369
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|  06-09-2011, 10:48 PM | #18 | 
| Unregistered Abuser Industry Role:  Join Date: Oct 2007 
					Posts: 15,547
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