Is GFY still mostly bitcoin haters?

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  • mayabong
    Confirmed User
    • Jan 2010
    • 1952
    #1

    Is GFY still mostly bitcoin haters?

    I don't come here too much. Always been an advocate for bitcoin. Now they are at about 27 bucks. Wordpress accepting them, Reddit Accepting them, Mega with Kim Dot com acceting them. I see cam sites accepting them now for credits, just like I suggested a couple years ago and got shot down for.

    If anyone has a bitcoin cam site with some sort of affiliate program I'm interested.
    Bitcoin Gambling Sites
    Tags: None
    • slapass
      Too lazy to set a custom title
      • Nov 2002
      • 14625
      #2
      They need to be more stable to be used more as a currency. How does anyone price stuff if they move 5-10%/week?

        Comment

        • mayabong
          Confirmed User
          • Jan 2010
          • 1952
          #3
          Originally posted by slapass
          They need to be more stable to be used more as a currency. How does anyone price stuff if they move 5-10%/week?
          Well some checkout systems let you put in the USD price you want to charge and the person will be asked to pay that amount in bitcoins at checkout whatever it is. Some places such as Bitpay. Allow you to accept bitcoins and convert it to cash right away so you are not subject to market fluctuations.
          Bitcoin Gambling Sites

            Comment

            • Supz
              Arthur Flegenheimer
              • Jul 2006
              • 11057
              #4
              Yea. Im going to accept fake online currency for services instead of American dollars. Then I am going to start charging people in WoW currency after then. Good luck telling your wife and kids they have to go without because you believed in Internet Currency.

                Comment

                • Vapid - BANNED FOR LIFE
                  Barterer
                  • Aug 2004
                  • 4864
                  #5
                  I own a pool.

                    Comment

                    • mayabong
                      Confirmed User
                      • Jan 2010
                      • 1952
                      #6
                      Originally posted by Supz
                      Yea. Im going to accept fake online currency for services instead of American dollars. Then I am going to start charging people in WoW currency after then. Good luck telling your wife and kids they have to go without because you believed in Internet Currency.
                      I want to reply with something good, but you are so ignorant to how bitcoin works it seems I dont know where to start. Do you think when someone pays with a credit card they are paying with american dollars or are they paying with fictional 1's and 0's on a computer?
                      Last edited by mayabong; 02-16-2013, 02:42 PM.
                      Bitcoin Gambling Sites

                        Comment

                        • mayabong
                          Confirmed User
                          • Jan 2010
                          • 1952
                          #7
                          Originally posted by Monotony
                          I own a pool.

                          Which one?
                          Bitcoin Gambling Sites

                            Comment

                            • TheSquealer
                              Mayor of Thneedville
                              • Oct 2004
                              • 26173
                              #8
                              Originally posted by Supz
                              Yea. Im going to accept fake online currency for services instead of American dollars. Then I am going to start charging people in WoW currency after then. Good luck telling your wife and kids they have to go without because you believed in Internet Currency.
                              I know very little about this stuff... but it occurred to me that there is probably some opportunity for arbitrage in that manner. Create a nerd circle jerk... Bitcoins -> WOW Gold -> USD -> Bitcoins ... or add in other fake currencies. Linden Dollars etc.
                              .
                              Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.

                              Rochard

                                Comment

                                • ReggieDurango
                                  Confirmed User
                                  • Nov 2007
                                  • 4784
                                  #9
                                  Originally posted by mayabong
                                  I want to reply with something good, but you are so ignorant to how bitcoin works it seems I dont know where to start. Do you think when someone pays with a credit card they are paying with american dollars or are they paying with fictional 1's and 0's on a computer?
                                  I like that reply!

                                    Comment

                                    • Coup
                                      🚨 PBBC International 🚨
                                      • Apr 2010
                                      • 9931
                                      #10
                                      Bitcoins are useless

                                        Comment

                                        • DatePoster
                                          So Fucking What
                                          • Mar 2011
                                          • 1053
                                          #11
                                          Originally posted by Monotony
                                          I own a pool.
                                          Wall or ceiling?
                                          Its raining white women, my prayers have been answered! Well she better move cause I been praying for a Cadillac

                                            Comment

                                            • mayabong
                                              Confirmed User
                                              • Jan 2010
                                              • 1952
                                              #12
                                              Originally posted by TheSquealer
                                              I know very little about this stuff... but it occurred to me that there is probably some opportunity for arbitrage in that manner. Create a nerd circle jerk... Bitcoins -> WOW Gold -> USD -> Bitcoins ... or add in other fake currencies. Linden Dollars etc.
                                              There is a site that does this.

                                              https://www.virwox.com/?drgn=1

                                              The difference between bitcoin and every other currency that has ever been made, is that bitcoin has no central location. There is also a finite amount that will ever be made. The code is open source. The computing power of the whole network is 100x more powerful than all the supercomputers in the world put together. (or something like that)

                                              Comparing it to WOW gold is kinda retarded.
                                              Bitcoin Gambling Sites

                                                Comment

                                                • scarlettcontent
                                                  www.scarlettcontent.net
                                                  • Mar 2006
                                                  • 6031
                                                  #13
                                                  Who is Satoshi Nakamoto?


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                                                    Comment

                                                    • Coup
                                                      🚨 PBBC International 🚨
                                                      • Apr 2010
                                                      • 9931
                                                      #14
                                                      ignore bitcoin sycophants trying to get you to buy in now the price has been pumped up. they want you to buy in and hold the bag for when the price crashes again. This is bitcoin pump and dump part two.

                                                        Comment

                                                        • mayabong
                                                          Confirmed User
                                                          • Jan 2010
                                                          • 1952
                                                          #15
                                                          Originally posted by scarlettcontent
                                                          Who is Satoshi Nakamoto?
                                                          Noone knows.
                                                          Bitcoin Gambling Sites

                                                            Comment

                                                            • mayabong
                                                              Confirmed User
                                                              • Jan 2010
                                                              • 1952
                                                              #16
                                                              Originally posted by Coup
                                                              ignore bitcoin sycophants trying to get you to buy in now the price has been pumped up. they want you to buy in and hold the bag for when the price crashes again. This is bitcoin pump and dump part two.
                                                              Sure the price will probably come down again, this time though there is more of an economy in place. One bitcoin gambling site made $500,000 in its first 6 months.. Bit pay has 2000 merchants and growing at a 50% rate every month. The texas holdem industry is huge.. lots of room to grow.. I'm long term. There is also a major US casino about to start accepting them.
                                                              Last edited by mayabong; 02-16-2013, 02:57 PM.
                                                              Bitcoin Gambling Sites

                                                                Comment

                                                                • JesseQuinn
                                                                  feeding the wolves
                                                                  • Aug 2012
                                                                  • 6620
                                                                  #17
                                                                  there was a poorly planned and horribly marketed site called Bitcams that is now (shockingly) offline
                                                                  throwing molotav cocktails at the precinct

                                                                    Comment

                                                                    • mayabong
                                                                      Confirmed User
                                                                      • Jan 2010
                                                                      • 1952
                                                                      #18
                                                                      Originally posted by JesseQuinn
                                                                      there was a poorly planned and horribly marketed site called Bitcams that is now (shockingly) offline
                                                                      here is one

                                                                      http://classycams.com

                                                                      Then you got girls doing it directly with skype.

                                                                      Girls Gone Bitcion

                                                                      http://www.reddit.com/r/GirlsGoneBitcoin
                                                                      Bitcoin Gambling Sites

                                                                        Comment

                                                                        • BlackCrayon
                                                                          Too lazy to set a custom title
                                                                          • Jun 2003
                                                                          • 19634
                                                                          #19
                                                                          if it works in the long term, more power to them but i highly doubt it will be around or thriving 5 years from now. maybe something else but not 'bitcoins'.
                                                                          you don't know you're wearing a leash if you sit by the peg all day..

                                                                            Comment

                                                                            • Supz
                                                                              Arthur Flegenheimer
                                                                              • Jul 2006
                                                                              • 11057
                                                                              #20
                                                                              Originally posted by mayabong
                                                                              I want to reply with something good, but you are so ignorant to how bitcoin works it seems I dont know where to start. Do you think when someone pays with a credit card they are paying with american dollars or are they paying with fictional 1's and 0's on a computer?
                                                                              lol. go play some magic the gathering, then maybe you can think of something to try to explain to me how fake online money is better then real money.

                                                                                Comment

                                                                                • mayabong
                                                                                  Confirmed User
                                                                                  • Jan 2010
                                                                                  • 1952
                                                                                  #21
                                                                                  Originally posted by BlackCrayon
                                                                                  if it works in the long term, more power to them but i highly doubt it will be around or thriving 5 years from now. maybe something else but not 'bitcoins'.
                                                                                  Any reasoning behind that or just your gut? What will go wrong?
                                                                                  Bitcoin Gambling Sites

                                                                                    Comment

                                                                                    • seeandsee
                                                                                      Check SIG!
                                                                                      • Mar 2006
                                                                                      • 50945
                                                                                      #22
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                                                                                        Comment

                                                                                        • Supz
                                                                                          Arthur Flegenheimer
                                                                                          • Jul 2006
                                                                                          • 11057
                                                                                          #23
                                                                                          Originally posted by mayabong
                                                                                          Any reasoning behind that or just your gut? What will go wrong?
                                                                                          You are obviously heavily invested in this and have emotional attachments. Not everyone has to agree with you. To each their own.

                                                                                            Comment

                                                                                            • mayabong
                                                                                              Confirmed User
                                                                                              • Jan 2010
                                                                                              • 1952
                                                                                              #24
                                                                                              Originally posted by Supz
                                                                                              lol. go play some magic the gathering, then maybe you can think of something to try to explain to me how fake online money is better then real money.
                                                                                              No chargebacks, instant payments. Couple good reasons. Like I said before you don't even have to deal with bitcoins at all if you dont want. You can accept them and get them converted to cash by the processor.
                                                                                              Bitcoin Gambling Sites

                                                                                                Comment

                                                                                                • PornMD
                                                                                                  Mainstream Businessman
                                                                                                  • Jan 2007
                                                                                                  • 9291
                                                                                                  #25
                                                                                                  I'm not a bitcoin hater, but not a bitcoin lover. The only real reason to get and use them is either hoping they'll go up and not crash before you spend them (aka lesser risk/reward type of HYIP) or you're using them for generally nefarious activities or things you'd be ashamed of getting tracked. On that note I could see it get bigger with adult someday, but still, just don't think there's really going to be a long term need for it.
                                                                                                  Want to crush it in mainstream with Facebook ads? Hit me up.

                                                                                                    Comment

                                                                                                    • mayabong
                                                                                                      Confirmed User
                                                                                                      • Jan 2010
                                                                                                      • 1952
                                                                                                      #26
                                                                                                      Originally posted by Supz
                                                                                                      You are obviously heavily invested in this and have emotional attachments. Not everyone has to agree with you. To each their own.
                                                                                                      Well if you're gonna argue about something at least do some research first on what you are talking about. Obviously you have no idea what it is. lol
                                                                                                      Bitcoin Gambling Sites

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                                                                                                        • Sly
                                                                                                          Let's do some business!
                                                                                                          • Sep 2004
                                                                                                          • 31376
                                                                                                          #27
                                                                                                          What is the real purpose? Why not just use the existing currencies that has worldwide legitimacy?
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                                                                                                            • JesseQuinn
                                                                                                              feeding the wolves
                                                                                                              • Aug 2012
                                                                                                              • 6620
                                                                                                              #28
                                                                                                              I forgot about classycams, yeah, you're right. that site is pretty dead though :/

                                                                                                              as far as skype girls I don't know many (any) who accept bitcoins. Maybe that'll change at some point but the instability of the currency is a huge issue for many. I would imagine that smart chicas who accept bitcoins use it as only a small portion of their payment options.
                                                                                                              throwing molotav cocktails at the precinct

                                                                                                                Comment

                                                                                                                • mayabong
                                                                                                                  Confirmed User
                                                                                                                  • Jan 2010
                                                                                                                  • 1952
                                                                                                                  #29
                                                                                                                  Originally posted by Sly
                                                                                                                  What is the real purpose? Why not just use the existing currencies that has worldwide legitimacy?
                                                                                                                  Cause its a currency that cannot be inflated when someone just wants to print more of it. Transactions can be anonymous if you really want them to be.

                                                                                                                  Basically internet cash.
                                                                                                                  Bitcoin Gambling Sites

                                                                                                                    Comment

                                                                                                                    • Sly
                                                                                                                      Let's do some business!
                                                                                                                      • Sep 2004
                                                                                                                      • 31376
                                                                                                                      #30
                                                                                                                      Originally posted by mayabong
                                                                                                                      Cause its a currency that cannot be inflated when someone just wants to print more of it. Transactions can be anonymous if you really want them to be.

                                                                                                                      Basically internet cash.
                                                                                                                      It can't be inflated because it can't be printed, but it can be inflated/deflated based on the market demand. Someone said in this thread that it fluctuates 5-10% regularly. Take that fluctuation and add the illegitimacy factor and it's even riskier than a currency that can be printed.

                                                                                                                      Sounds like a currency built for conspiracy theorists and isolationists.
                                                                                                                      Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted

                                                                                                                      Windows VPS now available
                                                                                                                      Great for TSS, Nifty Stats, remote work, virtual assistants, etc.
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                                                                                                                        • TheSquealer
                                                                                                                          Mayor of Thneedville
                                                                                                                          • Oct 2004
                                                                                                                          • 26173
                                                                                                                          #31
                                                                                                                          Originally posted by mayabong
                                                                                                                          The difference between bitcoin and every other currency that has ever been made, is that bitcoin has no central location.
                                                                                                                          The similarity between bitcoin and every other currency in the world that has been made is that its value is based 100% on faith and nothing more. And no one was comparing it to anything, except you.
                                                                                                                          .
                                                                                                                          Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.

                                                                                                                          Rochard

                                                                                                                            Comment

                                                                                                                            • Mutt
                                                                                                                              Too lazy to set a custom title
                                                                                                                              • Sep 2002
                                                                                                                              • 34431
                                                                                                                              #32
                                                                                                                              Originally posted by Sly
                                                                                                                              What is the real purpose? Why not just use the existing currencies that has worldwide legitimacy?
                                                                                                                              bitcoin transactions can't be traced so they are being used by drug sellers/buyers and anybody else who doesn't want their transactions to leave a paper trail

                                                                                                                              to cash out your bitcoins you do need to use a bitcoin exchange like MtGox so when you're buying and selling bitcoins you're not invisible.
                                                                                                                              I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

                                                                                                                                Comment

                                                                                                                                • mayabong
                                                                                                                                  Confirmed User
                                                                                                                                  • Jan 2010
                                                                                                                                  • 1952
                                                                                                                                  #33
                                                                                                                                  Originally posted by JesseQuinn
                                                                                                                                  I forgot about classycams, yeah, you're right. that site is pretty dead though :/

                                                                                                                                  as far as skype girls I don't know many (any) who accept bitcoins. Maybe that'll change at some point but the instability of the currency is a huge issue for many. I would imagine that smart chicas who accept bitcoins use it as only a small portion of their payment options.
                                                                                                                                  Thats fine.

                                                                                                                                  Just so you know. You don't need to be in bitcoins for very long, you can send them to an exchange and cash out instantly. Don't see how the instability is even an issue. (not that its been that unstable for the last year. Bitcoin is 99% horny male nerds. Bitcoin has a 300 million dollar market cap right now... big market there.. Just sayin.....
                                                                                                                                  Bitcoin Gambling Sites

                                                                                                                                    Comment

                                                                                                                                    • Sly
                                                                                                                                      Let's do some business!
                                                                                                                                      • Sep 2004
                                                                                                                                      • 31376
                                                                                                                                      #34
                                                                                                                                      Originally posted by Mutt
                                                                                                                                      bitcoin transactions can't be traced so they are being used by drug sellers/buyers and anybody else who doesn't want their transactions to leave a paper trail

                                                                                                                                      to cash out your bitcoins you do need to use a bitcoin exchange like MtGox so when you're buying and selling bitcoins you're not invisible.
                                                                                                                                      I stand corrected.

                                                                                                                                      It was created for conspiracy theorists, isolationists, and for illegal transactions.
                                                                                                                                      Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted

                                                                                                                                      Windows VPS now available
                                                                                                                                      Great for TSS, Nifty Stats, remote work, virtual assistants, etc.
                                                                                                                                      Click here for more details.

                                                                                                                                        Comment

                                                                                                                                        • mayabong
                                                                                                                                          Confirmed User
                                                                                                                                          • Jan 2010
                                                                                                                                          • 1952
                                                                                                                                          #35
                                                                                                                                          Originally posted by Sly
                                                                                                                                          I stand corrected.

                                                                                                                                          It was created for conspiracy theorists, isolationists, and for illegal transactions.
                                                                                                                                          Wordpress and Reddit are some of the biggest sites in the world. It was created by people who don't like the government being in charge of money and inflating it whenever they want.

                                                                                                                                          Here is the bitcoin chart for the last year.

                                                                                                                                          Bitcoin Gambling Sites

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                                                                                                                                            • Sunny Day
                                                                                                                                              Confirmed User
                                                                                                                                              • Dec 2010
                                                                                                                                              • 1406
                                                                                                                                              #36
                                                                                                                                              Bitcoins

                                                                                                                                              Can I interest you in some Tulip bulbs?

                                                                                                                                                Comment

                                                                                                                                                • TisMe
                                                                                                                                                  Confirmed User
                                                                                                                                                  • Aug 2008
                                                                                                                                                  • 1719
                                                                                                                                                  #37
                                                                                                                                                  The bad thing, as I see it, is that the government(s) is/are not involved.

                                                                                                                                                  That may also be the good thing at this point.

                                                                                                                                                  One thing that governments hate is being not involved in something profitable.

                                                                                                                                                  Eventually they do get involved and often they simply squash whatever it is.

                                                                                                                                                  Non government approved currency has been tried before and ended badly.

                                                                                                                                                    Comment

                                                                                                                                                    • mayabong
                                                                                                                                                      Confirmed User
                                                                                                                                                      • Jan 2010
                                                                                                                                                      • 1952
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by TisMe
                                                                                                                                                      The bad thing, as I see it, is that the government(s) is/are not involved.

                                                                                                                                                      That may also be the good thing at this point.

                                                                                                                                                      One thing that governments hate is being not involved in something profitable.

                                                                                                                                                      Eventually they do get involved and often they simply squash whatever it is.

                                                                                                                                                      Non government approved currency has been tried before and ended badly.
                                                                                                                                                      Ok how will the government quash bitcoin. Keep in mind it's worldwide. There has never been an alternate currency like this all others have had a central location to shut down. Bitcoin doesn't
                                                                                                                                                      Bitcoin Gambling Sites

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                                                                                                                                                        • JesseQuinn
                                                                                                                                                          feeding the wolves
                                                                                                                                                          • Aug 2012
                                                                                                                                                          • 6620
                                                                                                                                                          #39
                                                                                                                                                          Originally posted by mayabong
                                                                                                                                                          Just so you know. You don't need to be in bitcoins for very long, you can send them to an exchange and cash out instantly. Don't see how the instability is even an issue. (not that its been that unstable for the last year. Bitcoin is 99% horny male nerds. Bitcoin has a 300 million dollar market cap right now... big market there.. Just sayin.....
                                                                                                                                                          to each their own, my reasons for not using bitcoins extend beyond instability of the currency

                                                                                                                                                          1) many of my guys fit the demographic you mentioned and I've never once had a guy turn away from booking a show because I don't accept bitcoins. It's simply not a demand amongst my customer base in any way. I've never even had a guy mention bitcoins to me as a preferred method of payment.

                                                                                                                                                          2) I don't understand the currency and neither do many of my best customers. After bitcoins people hit another forum I'm on I actually asked a few of my best regs if they ever use bitcoins. It was 'no' across the board. Rightly or wrongly, two of the more mature established guys immediately associated bitcoins with the Silk Road. Not exactly the image I want to put out there to potential new customers.

                                                                                                                                                          with that in mind, the idea of using something new to fulfill a need that personally I haven't found exists makes no sense to me.

                                                                                                                                                          is it weird to anyone that bitcoins people have been pushing bitcoins so heavily on diff forums lately? honestly that alone turns me off...I'm not interested in hype and it does make me wonder what the big push is all about. I don't really care cuz I'm not invested either way, it just doesn't inspire confidence

                                                                                                                                                          like I said though, to each their own. I wish chicas who do use bitcoins all the best and maybe if one day far down the line the currency becomes more widespread I'll change my mind. For now I just don't see the benefit.
                                                                                                                                                          throwing molotav cocktails at the precinct

                                                                                                                                                            Comment

                                                                                                                                                            • mayabong
                                                                                                                                                              Confirmed User
                                                                                                                                                              • Jan 2010
                                                                                                                                                              • 1952
                                                                                                                                                              #40
                                                                                                                                                              Originally posted by JesseQuinn
                                                                                                                                                              to each their own, my reasons for not using bitcoins extend beyond instability of the currency

                                                                                                                                                              1) many of my guys fit the demographic you mentioned and I've never once had a guy turn away from booking a show because I don't accept bitcoins. It's simply not a demand amongst my customer base in any way. I've never even had a guy mention bitcoins to me as a preferred method of payment.

                                                                                                                                                              2) I don't understand the currency and neither do many of my best customers. After bitcoins people hit another forum I'm on I actually asked a few of my best regs if they ever use bitcoins. It was 'no' across the board. Rightly or wrongly, two of the more mature established guys immediately associated bitcoins with the Silk Road. Not exactly the image I want to put out there to potential new customers.

                                                                                                                                                              with that in mind, the idea of using something new to fulfill a need that personally I haven't found exists makes no sense to me.

                                                                                                                                                              is it weird to anyone that bitcoins people have been pushing bitcoins so heavily on diff forums lately? honestly that alone turns me off...I'm not interested in hype and it does make me wonder what the big push is all about. I don't really care cuz I'm not invested either way, it just doesn't inspire confidence

                                                                                                                                                              like I said though, to each their own. I wish chicas who do use bitcoins all the best and maybe if one day far down the line the currency becomes more widespread I'll change my mind. For now I just don't see the benefit.
                                                                                                                                                              Sounds good to me. I'm just saying the bitcoin community usually supports anyone that is accepting them. I'm not new to promoting bitcoin if you go back a couple years on here I was still promoting bitcoin. I own maybe 10 bitcoins total not a huge sum by any means. I just see it as a way around alot of problems that are faced in this industry and would like to see it catch on.
                                                                                                                                                              Bitcoin Gambling Sites

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                                                                                                                                                                • PornMD
                                                                                                                                                                  Mainstream Businessman
                                                                                                                                                                  • Jan 2007
                                                                                                                                                                  • 9291
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by mayabong
                                                                                                                                                                  It was created by people who don't like the government being in charge of money and inflating it whenever they want.
                                                                                                                                                                  Question: How do you think it CURRENTLY inflates/deflates? Just randomly?
                                                                                                                                                                  Want to crush it in mainstream with Facebook ads? Hit me up.

                                                                                                                                                                    Comment

                                                                                                                                                                    • TisMe
                                                                                                                                                                      Confirmed User
                                                                                                                                                                      • Aug 2008
                                                                                                                                                                      • 1719
                                                                                                                                                                      #42
                                                                                                                                                                      I don't know the method of how they would or could interfere , just the history that tells me they'll find a way if they want to.

                                                                                                                                                                      I'm not against bitcoins at all, just wonder why people think they'll turn out differently that other attempts to escape the influence of governments.

                                                                                                                                                                      I'd think it would be fairly simple to pass banking laws against transactions involving bitcoins, then how would you, could you, take cash out? Or put it in?

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                                                                                                                                                                        • mayabong
                                                                                                                                                                          Confirmed User
                                                                                                                                                                          • Jan 2010
                                                                                                                                                                          • 1952
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by PornMD
                                                                                                                                                                          Question: How do you think it CURRENTLY inflates/deflates? Just randomly?
                                                                                                                                                                          Do you mean bitcoin or the us dollar?
                                                                                                                                                                          Bitcoin Gambling Sites

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                                                                                                                                                                            • L-Pink
                                                                                                                                                                              working on my tan
                                                                                                                                                                              • Mar 2005
                                                                                                                                                                              • 39151
                                                                                                                                                                              #44
                                                                                                                                                                              Originally posted by mayabong
                                                                                                                                                                              I want to reply with something good, but you are so ignorant to how bitcoin works it seems I dont know where to start. Do you think when someone pays with a credit card they are paying with american dollars or are they paying with fictional 1's and 0's on a computer?
                                                                                                                                                                              1's and 0's that can spit real green money out of an ATM are pretty different than made up internet funny money.

                                                                                                                                                                                Comment

                                                                                                                                                                                • mayabong
                                                                                                                                                                                  Confirmed User
                                                                                                                                                                                  • Jan 2010
                                                                                                                                                                                  • 1952
                                                                                                                                                                                  #45
                                                                                                                                                                                  Originally posted by TisMe
                                                                                                                                                                                  I don't know the method of how they would or could interfere , just the history that tells me they'll find a way if they want to.

                                                                                                                                                                                  I'm not against bitcoins at all, just wonder why people think they'll turn out differently that other attempts to escape the influence of governments.

                                                                                                                                                                                  I'd think it would be fairly simple to pass banking laws against transactions involving bitcoins, then how would you, could you, take cash out? Or put it in?
                                                                                                                                                                                  I agree the weak spot of bitcoin is the exchanges which is where the rubber meets the road.
                                                                                                                                                                                  When bitcoin becomes more widespread people wont need to depend on exchanges as much and can just do transactions locally with cash. I have someone in my town that will buy bitcoins from me if I chose to sell ect. http://localbitcoins.com
                                                                                                                                                                                  Bitcoin Gambling Sites

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                                                                                                                                                                                    • mayabong
                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                      • Jan 2010
                                                                                                                                                                                      • 1952
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by L-Pink
                                                                                                                                                                                      1's and 0's that can spit real green money out of an ATM are pretty different than made up internet funny money.
                                                                                                                                                                                      Yes but your money that you take out is worth less and less every day. Some people don't mind, but some people wonder why that is. :p
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                                                                                                                                                                                        • TisMe
                                                                                                                                                                                          Confirmed User
                                                                                                                                                                                          • Aug 2008
                                                                                                                                                                                          • 1719
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by mayabong
                                                                                                                                                                                          I agree the weak spot of bitcoin is the exchanges which is where the rubber meets the road.
                                                                                                                                                                                          When bitcoin becomes more widespread people wont need to depend on exchanges as much and can just do transactions locally with cash. I have someone in my town that will buy bitcoins from me if I chose to sell ect. http://localbitcoins.com
                                                                                                                                                                                          It was the same for internet gambling, eventually the banks are the weak spot.

                                                                                                                                                                                          I wonder what even the discussion of an anti bitcoins banking law would do to people's confidence?

                                                                                                                                                                                          Seems to me that just the rumor of this would be enough to cause a run to cash out, once might be survivable but multiple times would erode confidence.

                                                                                                                                                                                          I see such an action by some government as very probable.

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                                                                                                                                                                                            • mayabong
                                                                                                                                                                                              Confirmed User
                                                                                                                                                                                              • Jan 2010
                                                                                                                                                                                              • 1952
                                                                                                                                                                                              #48
                                                                                                                                                                                              Originally posted by TisMe
                                                                                                                                                                                              It was the same for internet gambling, eventually the banks are the weak spot.

                                                                                                                                                                                              I wonder what even the discussion of an anti bitcoins banking law would do to people's confidence?

                                                                                                                                                                                              Seems to me that just the rumor of this would be enough to cause a run to cash out, once might be survivable but multiple times would erode confidence.

                                                                                                                                                                                              I see such an action by some government as very probable.
                                                                                                                                                                                              I believe it will be the opposite effect. If there was talk about it people would rush to get them just like they do with guns. Back in 2011 Chuck Shuemer talked about banning bitcoin and the price shot up to 32 dollars a couple days later. Its worldwide there are exchanges all over the place. Every country would have to agree. Some countries will most probably embrace bitcoin.. The world isn't the US. Most bitcoin casino's deal in bitcoin only and have instant cash in's and cash outs no banks involved.

                                                                                                                                                                                              http://www.theverge.com/2012/12/7/37...itcoin-central
                                                                                                                                                                                              Last edited by mayabong; 02-16-2013, 04:46 PM.
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                                                                                                                                                                                                • L-Pink
                                                                                                                                                                                                  working on my tan
                                                                                                                                                                                                  • Mar 2005
                                                                                                                                                                                                  • 39151
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  Originally posted by mayabong
                                                                                                                                                                                                  Yes but your money that you take out is worth less and less every day. Some people don't mind, but some people wonder why that is. :p
                                                                                                                                                                                                  And some people send money to Nigerian Princess's.

                                                                                                                                                                                                  .

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                                                                                                                                                                                                    • ottopottomouse
                                                                                                                                                                                                      She is ugly, bad luck.
                                                                                                                                                                                                      • Jan 2010
                                                                                                                                                                                                      • 13177
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      Originally posted by PornMD
                                                                                                                                                                                                      Question: How do you think it CURRENTLY inflates/deflates? Just randomly?
                                                                                                                                                                                                      Strange that such a straightforward question is going unanswered.
                                                                                                                                                                                                      ↑ see post ↑
                                                                                                                                                                                                      13101

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