Buy.
As much as you can.
As much as you can.
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thanks got a ref link? -
I'm making a hundred dollars an hour from bitcoins.Comment
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So explain to us what the fuck is bitcoin and how do you use them?
I can understand how easy it must be to buy them, but how the fuck would you cash them out?
Me thinks you buy a lot of bitcoin on a suspicious site and when you want to cash them out you cant.Comment
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Ok i did consider it and my conclusion is.......buy. Put all your savings in itOriginally posted by pornopete
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The time to buy was a week or two ago when the value was half of what it is today.
I "bought in" (mined) when BTC was worth a few bucks. Cashed out a few days ago at $46 per.Comment
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The way search and seizure laws are going and the government wanting access to all of our banking information, I can kind of see it.
Do you guys use the instawallet or a downloaded one? My wallet on my pc is about 100 days behind.
Just checked out the instawallet. Just an open url where you can transfer the coins off. Not the type of place where you want to store alot of bitcoins.Last edited by lezinterracial; 03-16-2013, 05:37 AM.Comment
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Your own wallet ofcourse. Why put your money on someone else's computer?Comment
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i need to read about these...i know nothing about themTelegram PhoenixBrad
https://quantads.ioComment
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Bitcoins, hahaha. I just put all my money in wicker futures. With the expected boom in patio furniture and the stable basket market it's a much better investment.
.Last edited by L-Pink; 03-16-2013, 07:00 AM.Comment
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Real cash (in people pockets) ==> Bitcoins (low value) ==> Lots of Real cash IN ==> Bitcoins (high value) ==> People (lots of them) selling them for Real cash ==> Bitcoins (record low)
You will see, just wait for itComment
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you thought it was stupid before. what changed your mind?you don't know you're wearing a leash if you sit by the peg all day..Comment
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I don't recall saying that but maybe i did...if i did it was because i didn't know the details. I thought it was just another epass or e-gold.
It obviously isn't.
By this time next year lots of big companies will be using it. In 5 to 10 years from now you'll be very happy with all the bitcoins you saved up.Last edited by Dirty F; 03-16-2013, 07:48 AM.Comment
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The stupidity going on with bit coins is apallingVacares - Web Hosting, Domains, O365, Security & More
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The value of bitcoins goes up and down like a hookers panties. That is pretty scary from the business aspect. What happens when you pay for something when its at 50$ and the next day its at $40. Your business just lost 20%.Comment
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First you would want to get yourself a bitcoin wallet. You can get an online one at http://blockchain.info
You will get a funny looking address like 1k2384kjsdkdsj234838298237
Thats the address you give to people that want to send you bitcoins. Thats all you need to do.
Actually buying them is a more of a pain than selling them. You can't use credit cards or paypal to buy them. I use Coinbase.com to buy themComment
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I only use them for Silk Road....but I did buy a lot of them when they were around $9/each and I had a bunch saved in my SR wallet and some in my bitcoin wallet that I sold for around $40 which rocked.
It's also great that Namecheap now accepts them so I've renewed a bunch of domains with bitcoins too.Comment
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You must be confused. It only goes up
And it will keep doing this.
http://bitcoincharts.com/charts/mtgo...zm1g10zm2g25zvComment
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If you follow the actual flow. Yes it has gone up since the beginning it has gone up. But I watched last week when it went from 50 to 37 to 44 all in the matter of 20 minutes.You must be confused. It only goes up
And it will keep doing this.
http://bitcoincharts.com/charts/mtgo...zm1g10zm2g25zvComment
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Anyone have or ordered an ASIC mining rig? As far as trading bitcoin, mtgox.com seems to be popular and by end of month US trades will be handled by VC backed coinlab.com in US.Last edited by PSD; 03-16-2013, 10:03 AM.Comment
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Max Keiser approves this message
best host: Webair | best sponsor: Kink | best coder: 688218966 | Go Fuck Yourself
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You give value to dollars and its just digits on a screen. Why do you give it value? Cause you can buy things with it?Comment
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I envy the early adopters who mined bitcoins when they were super easy to mine (because of low difficulty level) about 3-4 years ago. Some of them have (or HAD) tens or hundreds of thousands of BTC mined by a standard CPU, no need for fancy multi-GPU or ASIC rigs back then.Comment
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Slowly but surely some of gfy is getting it.. Congrats to the winners.Comment
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In theory, yes, it is a horrible idea for various reasons.
1) Every fiat currency in the history of the world has failed. The current financial mess is the beginning of the next round of fiat failures.
2) The fact that it is anonymous is what is going to ultimately cause problems. As soon as it can be linked, or even think to be linked, to funding terrorism or organized crime, it is over. The USA will find a way to put an end to it as soon as they think it is an issue.
3) Your excluding banks and the people who control the money supply. Everyone knows how that always turns out.
Make your money now with it, as there is money to be made, but I wouldn't bet on it being a long term currency unless 1 - 3 above are dealt with properly. Short term, I do see it working out for a while. Long term has too many odds stacked against it. However, only time will tell.Comment
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Bitcoin is not a fiat currency. Fiat currencies are forced upon you by the government. Bitcoins have limited supply but are easily divisible to 8 decimal places. They can't be inflated.
If the USA bans bitcoin it still won't stop it. The whole world would have to agree to make it illegal and that still won't stop bitcoin
Bitcoin is just like file sharing. Hard to stopComment
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Governments and bankers extremely do not want p2p currencies or any competing currencies.. bow to your masters
I wish something like bitcoin could succeed and maybe it will but I think any real solution will not only be limited in supply but will also have inherent value
Another thing to consider is that anything with a tightly limited supply is easily manipulated.Comment
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