SO WHAT'CHA GONNA DOOO WHEN THE NEW WORLD ORDER TAKES OVER YOU BROTHER???  |
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before the next big price increase, which could take us to the mid-40 range sometime around August 8th.
LOL, mid-40 range by August 8th. Your right that we are heading back to previous months interest levels, you specifically said mid-may. Do you know the price range in Mid-may? try around $5 dollars, that is where we are heading. I do not know how you can analyze all that information and conclude we are heading back to previous months interest, which is much lower, and then expect to have a whopping price increase in such a short time when interest is falling and probably will continue to fall. your analysis proved one thing, SELL SELL SELL, interest is falling and we are heading back to mid-may levels, and will even go back to further lower interest levels. Yeah, the price prediction was obviously premature, if not baseless. From now on I'll stick with assessing the trend and not predicting prices. Well, this is the speculation section. Feel free to speculate  |
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So are you bullish or bearish now on the coin? How many more of these growing pains until it really effects the price? What can be done to help end amateur hour here? My outlook on Bitcoin has not changed from the day I first purchased. I equate it to a penny stock. An extremely speculative investment with the chance for tremendous appreciation but an even greater chance of failure. Gambling money, basically. The bad press is just a symptom of the problem, which is Bitcoin lacks the necessary infrastructure to be widely adopted at this point. Either Bitcoin gets through the growing pains or gets taken under by them. |
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Why do wires take 3+ business days to clear?
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Threads with these types of titles should bring more to the table. By saying they are not thieves, it implies you have some sort of evidence that suggest they are legit. Clearly you don't. Why not just post this in one of the many other threads on this subject?
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I'll see what I can do but for now these are all I have. These are good quality BB's, not like the Crossman crap you find at Walmart.
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Thought I'd try something a little different for sale. This is for my fellow airsofters. Selling two brand new, unopened, bags of Airsplat .2g BB's. First bag is 5,000 rounds, precision grade. Second bag is 3,500 rounds, biodegradable. Retail price is $24 ($12 per bag) NOT including shipping. Willing to sell both bags for 1.5BTC including shipping to anywhere in the US. I will consider selling the bags individually but prefer to sell both at once if possible.  |
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i cant belive anyone still pays for porn..
Really? Have you seen the size of the porn industry, it's huge. (Pardon the pun  ) |
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Yes, what you've described is fractional-reserve banking. I'm aware of how the system works. I'm asking you what is your proposal for an alternative. Even Islamic banking, which prohibits profit from interest, has aspects of fractional-reserve banking. So I ask again, can you provide an example of a current successful economy/country that does not employ fractional-reserve banking?
Please don't construe this is an attack. To my knowledge there are none but I recognize the fact that I can (and often times am) wrong. What I see is a system that has been corrupted and needs to be repaired. I don't necessarily see the need to throw the baby out with the bath water.
Sorry, I took a while with my last post which wasn't in response to your post  However, in response to your question - I don't know of one. To find one you would need to find a (successful) economic system that isnt tainted by the UK banking monopolists. And last time I looked, there wasn't a corner of the globe thats free of their tentacles. In other words, if there was a viable alternative its since been 'colonised' & corrupted. Ah, sorry I thought you were responding to me. |
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America may have won the war of Independence but were quickly invaded again by stealth via the Fed money system that has its roots in the UK banking system. As a result, the US is simply a 'corporation' of the UK and most Americans dont even realise it. Quite ingenious really.
What is the alternative though? Yes, the spending has gotten out of hand but if you're really going to attack the root of the system, there needs to be a viable alternative. Can you name a single successful economy that doesn't use fractional reserve banking? 'Fractional Reserve Banking' isn't synonymous with 'Federal Reserve Banking', although it abbreviates the same. The 'state', be it federal or not, is quite able to do the fractional banking all by herself and earn a lot of money in the process, which can be used for useful public works, instead of building up debts with private banks. In fact, the American Constitution gives 'the congress' (i.e. NOT the private Federal Reserve) the sole right to create money. Okay now we're getting somewhere. Let me first just say, if you look at Oldminer's four step process, the last step (#4) is fractional-reserve banking. The Federal Reserve is for lack of a better word, a cartel of banks. I believe what you are advocating (correct me if I'm wrong) is to take away the power from the Fed and return it to Congress? Let me know if I'm hot or cold here. I'm all for more controls over the Fed, as I mentioned in my previous post, the system is in disarray and needs to be repaired. I just don't necessarily believe we need to scrub the whole model and start over. |
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The Federal Reserve creates money out of nothing. It is a four step process: 1. The Federal Open Market Committee approves the purchase of United States Bonds. 2. The bonds are purchased by the Federal Reserve. 3. The Federal Reserve pays for these bonds with electronic credits to the seller's bank, these credits are based on nothing. 4. The banks use these deposits as reserves. They can loan out over ten times the amount of their reserves to new borrowers, all at interest. It's a house of cards.. http://www.iamthewitness.com/DarylBradfordSmith_Bankers.htmYes, what you've described is fractional-reserve banking. I'm aware of how the system works. I'm asking you what is your proposal for an alternative. Even Islamic banking, which prohibits profit from interest, has aspects of fractional-reserve banking. So I ask again, can you provide an example of a current successful economy/country that does not employ fractional-reserve banking? Please don't construe this is an attack. To my knowledge there are none but I recognize the fact that I can (and often times am) wrong. What I see is a system that has been corrupted and needs to be repaired. I don't necessarily see the need to throw the baby out with the bath water. |
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America may have won the war of Independence but were quickly invaded again by stealth via the Fed money system that has its roots in the UK banking system. As a result, the US is simply a 'corporation' of the UK and most Americans dont even realise it. Quite ingenious really.
What is the alternative though? Yes, the spending has gotten out of hand but if you're really going to attack the root of the system, there needs to be a viable alternative. Can you name a single successful economy that doesn't use fractional reserve banking? |
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3 to 5 days for a WIRE?!?
Wow. Bitcoin is definitely going to need better options to get off the ground.
You find this outrageous!? The average Joe (and Joette) works a forty week and then has to wait...wait for it...a week to get their first pay check. Here's the kicker: the day they're no longer employed by that employer, they have to wait another week to receive their last check. An instant Bitcoin transaction would solve this disjustice (not a word--I looked it up). At the end of the day, an employee should be able to clock out and have his wages automatically directed to their Bitcoin wallet. That way they can go out and get drunk, then go home and watch a little porn and play some poker on the internet. The next day, they can go back to work (if they feel up to it) and do it all over again. Bitcoin: With the Best Darn Forum on the PlanetWhat a ridiculous strawman. Do you even understand the concept of a wire? It's primary purpose (which you pay for I might add) is to send funds somewhere QUICKLY. Three to five days for an ACH is acceptable. For a wire it's just plain stupid. |
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Most women will not choose to use bitcoins in its current stage. First of all, it's too technical for their nonsensical minds. Secondly, they can't max out a bitcoin like they can a credit card.
Most people would not use Bitcoin in its current state. We are the minority trying to figure out how to appeal to the masses. I think the focus at Bitcoin's current stage is misplaced at times. Right now it's not about the vendor, we need the backbone infrastructure in place first. There's still a lot of growing pains to go through. |
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Reminds me of the Family Guy where Peter takes the mystery box instead of the boat.
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Audit has a negative connotation for most people (at least those who live in the US). The average person will equate "audit" with the IRS. It's probably a more accurate description than miner but if you're trying to appeal to the masses, probably not the best choice of words.
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3 to 5 days for a WIRE?!?
Wow. Bitcoin is definitely going to need better options to get off the ground.
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I would LOVE to have some 6970s but they're wayyy out of my budg right now. I had to settle for some 5870s and a 5850 I found off Craigslist.
You could always get a Bitcoin tattoo. I'm sure we could get that bounty pretty quick. |
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$20+ for a one-month membership is a pretty steep premium. I reduced the rates a bit but I can't go any lower than this, i don't really get anything out of this. At the current exchange rate (~13.50-13.70$ per Coin) the price for a single account at 1.4BTC is <20$. If you sign up directly through realitykings' site a single account will cost you 25$. I offer you to sign you up with ~20% discount for a single account and even more if you do a bulk order plus anonymity for you, your email and your credit card billing. It's not that bad of a deal. Hey I just wanted to apologize for thread crapping. I didn't realize RealityKings was $25/mo. You're offering a good deal. |
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