OP makes a prediction that he himself gives a 48% probability (in other words, a fancy way of saying, "I don't know go flip a coin.") then pats himself on the back if his "prediction" comes to fruition.  Perhaps BTC will test $266, there's too many god damn newbies in this place anyway but maybe you should make a real prediction before putting yourself way up on that pedestal. |
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BTC may never be this cheap again... So I think it could rally from here, what you think.
I think a full member should know what belongs in the speculation section. |
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I think Liberty Dollar is a poor example for two reasons. One, it was made to look very similar to US coin and two, it was centralized so it was very easy to kick down a door and shut it down. Neither applicable to Bitcoin.
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@CurbsideProphet: Was there really a need for you to confirm it for everyone here in the Thread? It was 'PM' for a reason. Instead of replying in the PM you come here with your comments.
And yes, I know they are not malicious and anyone who thinks that, well then he needs to learn the meaning of malicious.
Secondly, if you are not interested in the deal, then don't do it, but no point advising others what to do.
If someone is willing then I will deal with them. Everyone can think for themselves.
Yes, there was a need to comment here because you have the opportunity to abuse the use of someone else's card rather easily. I didn't list the sites so I don't know what your beef is, no one here knows you, pretty sure no one cares that you watch porn. |
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Also 50 round MAGAZINES (please don't call them clips) are illegal in several states so depending where you live, he may have to ship you the gun without the high regular cap mag.
FTFY.  I realize that definition varies by state to state and most gun owners prefer to think of them as regular cap but it is high cap where they're illegal. California, New York, and Massachusetts define high capacity as more than 10 rounds; however, they exempt .22-caliber guns from this restriction. Hawaii has a more than 10 round definition, but only for handguns. Maryland defines high capacity as more than 20 rounds, but also has a .22-caliber exemption. Illinois allows for individual counties to have their own restrictions, of which there are many that restrict magazines to 15 or fewer rounds. |
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@CurbsideProphet: If you want to see the sites, I can send them to your PM. If these were malicious, then I have already replied to so many PMs with the list of sites and no one had a problem.
Regarding who sends the amount first, let's discuss. Ofcourse, I will not send the full amount at first unless someone is a very trusted trader here.
Please check your PM for the list of sites.
I got your list. It looks like adult webcam sites. Maybe not all but at least some of them are so I will say that they are not malicious in that they are not peddling anything illegal. However, a lot of these sites do allow you to make purchases with a credit card for private shows or whatever. If you have someone's credit card, you can run up their bill pretty high. I would be very cautious to anyone who does this deal unless you care to address this point. |
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I wanted to go this weekend to a mall and try to hook up some nice girls.
Of course I do not want to come off like "the ordinary normal guy", so I need the worst pickup line you ever heard.
0.02 BTC for the best submission :-)
CONTEST IS NOW OPEN FOR 45 MINUTES
I know contest is closed but just for the hell of it. Girl: "I have a boyfriend" Guy: "I have a goldfish" Girl: "What?" Guy: "Oh I'm sorry, I thought we were talking about shit that doesn't matter"  |
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I want to buy memberships to certain sites. However, these sites only accept payment through Credit Card or PayPal. I cannot make the payment through either of these myself.
I have bitcoins but these sites do not accept bitcoins. So, I am looking for someone who would help me buy memberships to the sites I want and in return I will give them BTC (at current market price equivalent of the membership of site) and in addition to this an extra incentive.
for instance, if the 1 year subscription = 100 USD
so, BTC equivalent = 0.2 BTC according to current price of BTC.
The advantage for you is, the price of BTC might increase with time, so it would be more valuable for you than the initial 100 USD you paid for me through Credit Card/PayPal.
Also, I will pay slightly extra BTC for you since you are helping me out. If you think you are interested in this kind of deal, please post here or contact me through PM on the Forum.
Thanks.
I'd like to see a list of these sites, if they're not malicious post them publicly for full transparency. Are you sending the BTC first? |
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i'm just curious how does one buy a firearm online?
Thanks for asking it is super simple. 1. You tell me which one you want. 2. You let me know who the closest FFL dealer is to you (if you don't know I am happy to find them for you.) 3. You pay me. 4. My FFL contacts your FFL and they get all the paperwork straightened out (takes 2 mins.) 5. I drop the gun at my FFL and they then ship it to your FFL. 6. You pick it up and go shoot shit Super super easy! thanks for clearing that up You also need to check with your local state laws as there may be additional things needed like a permit to acquire/background check, etc. Also 50 round MAGAZINES (please don't call them clips) are illegal in several states so depending where you live, he may have to ship you the gun without the high cap mag. |
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Just want to get everyone input once again on the Chinese rumor fiasco of banning BTC. Let me know your thoughts. Thanks guys
Any news is good news as far as I'm concerned. The biggest hurdle facing Bitcoin right now is that the majority of the world has never heard of it. The more press and articles that come out, the more people will hear about it. From there it's the onus of the reader to do their due diligence on whether the tech is viable or not. The only people in a panic right now are those who broke one of the cardinal rules of investing in any emerging investment, never investment more than you're able to lose. |
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No. How about you describe in detail to us idiots how screwed up and schizophrenic the Federal government really is? It's quite clear the Federal Judge is saying it is legally to be treated as money. Are you saying the IRS is basically a criminal organisation that can use its very own legal definitions to extort wealth from the USA citizenry? How does that work?
Umm, ya. They even have their own court in which to sue you for your unpaid taxes. I never advocated or endorsed the system, I just want to stay out of jail and be able to live a public life without having to go underground as a criminal. Coward. You disagree with a corrupt system but state you'll do nothing to change or stand up to it.  The guy said he doesn't want to go to jail and I don't blame him. There are other ways to show your protest that doesn't involve getting locked up. Besides he's right, the judge ruling has nothing to do with the IRS, they are two separate issues, which you fail to comprehend. |
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We should expect this to unlock new investment in bitcoin.
This is essentially what the Winkelvi are betting on. There's a lot of big money that can't play in this small space and an ETP would really open the doors. It's not just retirement accounts, think about all the investment brokers who will be able to recommend this to their clients. It's much easier to tell a client to invest in something on a known exchange rather than, "hey go to this former magic the gathering card website and buy up some of this stuff." |
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There are two excellent books that describe the history of the central bankers of Europe and how they loaned money to the various governments, and how they played one government against another by financing wars, often financing both sides -- profiting from both. The first book is a short, quick read at only 136 pages. It is: "None Dare Call It Conspiracy"The second book provides much more detail and is 588 pages, but still very readable. It is "The Creature From Jekyll Island" Neither of those books will tell you how money is actually created. Every new loan must be collateralized by something, so where is this collateral being held? Did those authors tell you it is held at the DTC? Did they tell you how to get that collateral back and liquidate the bonds that were written against it? Nope, uncollateralized loans are made all the time. Large companies can get loans without collateral based on cash flow alone. High net worth individuals can also serve as guarantors in lieu of collateral. This discussion is about how banks create money, not private lending. What's the difference? A loan is a loan and you said "every new loan must be collateralized." Every loan doesn't have to be collateralized (I don't care what you're talking about) every loan needs to weigh risk (interest rate) along with the borrower(s) ability to repay. That's no different for a government or any individual. |
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The idea of a "gov" coin has been thrown around a lot but the problem is that it will lack the transparency of Bitcoin. If they are fully transparent then users will know that a significant portion was pre-mined and is held centrally. At that point, I don't see adoption rates catching on. Perhaps within a singular country but certainly not globally.
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Bloomberg is talking about bitcoin being more than just a currency. That bitcoin is rather more like 'The Internet of Money'. I think this quote is attributed to Bitcoin business angels group BitAngels - David Johnston. It is actually a very interesting notion. While the conventional Internet is a mechanism for doing many cool things with information (content), i.e. facebook, videos, email, Skype, MMOG, et cetera, bitcoin actually supports an infrastructure which will permit one to do so many cool things with value (money). The "Internet of Money". I like that. Obviously bitcoin is going to be insanely powerful in this regard. I just hope it doesn't take 20 years the way it took the internet that long to get to where it is now. (i.e. from 1994 / Netscape - Thanks Mark) http://www.bloomberg.com/news/2014-03-28/bitcoin-2-0-shows-technology-evolving-beyond-use-as-money.html You need to read a little between the lines with this article: Invictus Innovations Inc., Ripple Labs Inc. and other startups are harnessing Bitcoin’s underlying code for such tasks as authentication, which means making sure that a buyer isn’t posing as someone else, and verification of payments to ensure that a transaction is valid. If successful, the new tools could reduce the fees shouldered by buyers and sellers in the $1.22 trillion global electronic-commerce market, as well in financial services, cloud computing and other areas. They use the word underlying several times in the article for a reason, some of these companies are taking Bitcoin's open source code and essentially replicating it for their own use. Nothing wrong with that, but they're not all using Bitcoin itself, they're using the fundamental code and adapting it to their business model (i.e. Ripple). |
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Cost of the operation. electric, loan repayments (unless its all paid for) rent etc. 4 months ago BTC was worth 2x what it is now, its a big chunk to lose.
I think it's all paid for... Here's a quote from page 2: "I figure I spent about $1 million building the existing facility and racking and deployment of the mining hardware, and then we probably spent in the range of $2 million to $3 million on the hardware itself," he said. Rent is another $8,000 a month, power $40,000 a month. "I think we spent probably $3 to $5 million dollars total on the operation. It's paid itself off [in bitcoins] many times over already." Clearly a good investment as it's already throwing off free cash flow. But his fixed expenses are high and will only increase as difficulty rises (assuming he wants to mine the same proportionate amount). He'll need Bitcoin to keep increasing in price in order to continue to stay mining, otherwise they'll be a lot of rigs for sale. |
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Because Bitcoin is so young, it could still go to zero. Many mainstream economists argue just this. And many opponents are trying to make this a reality. It is still a speculative investment. If this is true then the following shouldn't be subject to capital gains taxes until they are either spent or sold: 1. Pay in Bitcoin 2. Mining rewards Edit: The premise of this post is actually incorrect. Risk alone isn't necessarily reason to avoid ordinary income tax. A better way to make this argument is that payment in stock options (also property) can be structured to avoid ordinary income tax while Bitcoin pay and mining cannot The IRS seems too want to have it both ways here. Tax it as money when paid (unlike other property like stocks options as I've demonstrated) AND tax it as capital gains when spent or sold http://finance.yahoo.com/news/taxing-stock-options-other-equity-070055008.htmlHey Cypher, good to see you're still around. I agree with you that taxes shouldn't be incurred until gains are realized. It's pretty common for businesses to keep account of unrealized gains/losses so it really should be no different with Bitcoin. |
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There are two excellent books that describe the history of the central bankers of Europe and how they loaned money to the various governments, and how they played one government against another by financing wars, often financing both sides -- profiting from both. The first book is a short, quick read at only 136 pages. It is: "None Dare Call It Conspiracy"The second book provides much more detail and is 588 pages, but still very readable. It is "The Creature From Jekyll Island" Neither of those books will tell you how money is actually created. Every new loan must be collateralized by something, so where is this collateral being held? Did those authors tell you it is held at the DTC? Did they tell you how to get that collateral back and liquidate the bonds that were written against it? Nope, uncollateralized loans are made all the time. Large companies can get loans without collateral based on cash flow alone. High net worth individuals can also serve as guarantors in lieu of collateral. |
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All I see is down and down, we couldn't even break into 6s during the last rally. If bitcoin isn't valuable then why use it instead of a new coin that doesn't have a few powerful people that all ready control all of it? Thinking of cashing out all my BTC and going to vegas for an expensive weekend Yes, please do that. I'm so sick of all the newbie's here and all their panic threads everytime Bitcoin moves a few %. |
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Hi guys, I take on board what you say and you are right. I have seen what has happened with people who have lost out in a really bad way. My new website is going to be open and transparent, where you will be able to see my youtube video to see exactly who I am. Also, there is a Skype ID where anyone can chat to me. I also hope that my credibility has increased with us being a part of the Federation of Small businesses. Could anyone advise me on other methods of improving credibility? I have looked into this incredible cryptocurrency ecosystem and we are confident that users of our Escrow service will be happy to share their good experience with others on here and through social media. We are also acquiring SSL Website protection as well. We feel that we can make a difference to make transactions easier and that are more safer without risk of losing any funds or cryptocurrency. Please see the example on our website: http://countoncrypto.com/Thank you The main problem as I see it is you've only been here for a month and a half. Escrow is all about trust. You can help the transparency part by making your contact information/background available. Still, how are you going to insure that you don't just walk away with the coin? There are already ways to do these types of transactions without a human middleman. |
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