So if you're not doing anything wrong why are people so worried about being anonymous? i guess i've never worried about it yet. Why is it such a major part of bitcoin? just curious.
The jews were doing nothing wrong in 1930s Germany. |
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Read an article about it a long time ago.
Went to the website and downloaded the client to start mining.
Client wouldn't install. Could not figure out mining.
Left it to others and their "2 cents per Bitcoin" technology.
Read another article a few months later. Holy crap, Bitcoins are worth $2 per Bitcoin.
Tried loading the client again. Mining did not work, screwed up my laptop.
Left it to others and their "2 dollars per Bitcoin" technology.
Read another article in June 2011. Bitcoin went from $10 to $30! Holy crap, this is it...!
Cashed out $10k from IRA, got in just in time at $16/BTC before it climbs through the roof!
Bitcoinica...Zhoutgouned...
Working on figuring out how to use this technology to get back my initial investment.
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I believe the are calling 1/100 BTC a bitcent. 1/1000 is a mBTC.
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Perhaps we should strap a raspberri pi computer to squirrels with a USB wireless thumbdrive so that when you are in the park and you see one of these cute squirrels with a computer attached to their back you can "love them" by sending it some BTC.
Just have someone plug the computer in for a couple of hours a day to charge.
It will be easy to catch the squirrels to do this daily because they will be slowed down by the machine attached to them.
Then the squirrel will feel more important because it is not just a little rodent gathering food, he is an animal with some processing power. He will feel very special among his squirrel friends for this.
Or perhaps we can brand a QR code on some baby seals to make them feel loved.
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It will crash. Pirate was the only thing keeping this BTC thing going.
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Yeah a $10 fee for a card that can instantly transfer BTC to USD and allow withdraws from ATMs is nothing. I would pay a lot more.
It's already available for $3 for the card and 0 fees to load it. Bitinstant relies on ignorance as it's business model though, and you are the perfect customer. Huh? Where? I'd like to see it. There you go. Fundable via direct deposit (ACH) connect the dots. Huh? How can I fund those with BTC? They're not accepted at WalMart. Umm, I guess he is saying that you can get a walmart money card, which can be funded by ACH. So, whenever you want to spend money you just: Transfer your BTC to an exchange that offers ACH withdrawal. Trade your BTC for $ on the exchange. Request a withdrawal to your walmart money card ACH account. Wait a few days (or same day for just $3 per $200) Swipe your card. And if you are not willing to do this for every transaction, you are apparently ignorant. |
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I will invest in these just so that I can get in while they are cheap and then sell them when demand raises the price through the roof.
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I think it will be something to do with unencrypting Bitcoin so it's easier to read.
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what is casascius's real world identity? I seems to have missed it.
His name is Casascius. He lives on the high seas. |
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The very 1st point is a lie. Especially in the end-game when miners r supposed to earn money taking fees.
From the impression I got from the device, it will only interact with the Bitcoin network at the merchant nodes. One Bitcoin could be transferred back and forth among hundreds of these cards and then when it finally hits a merchant node it will register on the blockchain. Kinda like using a casascius coin. You do not pay transaction fees for each exchange. |
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Anyone currently holding a clearance cannot, or are strongly advised against revealing such in a public forum. Many will list it on their resume but they are told they should not do so.
Having a clearance means that you get to do what other companies have outsourced but get paid like people did before their jobs were outsourced.
As for what those agencies would likely be doing as far as Bitcoins go...they would likely be paying more attention to the actual code and checking for flaws or ways to use it to track what they need to track.
There was another thread which posted a job listing down here at MacDill AFB which was seeking an analyst with some financial background as well as knowledge of Bitcoin and Second Life currency. It also wanted someone who spoke some Arab language. This means that they would like to see how those in the middle east are moving money around. Or maybe they have already determined it and need to track it.
I do not work directly for any of the agencies you listed.
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Someone once posted a calculator which would allow you to post the price and rate that you are making a purchase or sale of Bitcoin and it would give you the price at which you would need to sell or buy to at least break even.
That is sorta handy.
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My hope is that Bitcoin will go lower for the next few months when I can finally buy again starting around February when I should have some more money again to buy. So...buy now...it'll probably go way up. Then in February another downtrend will begin.  |
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Ironic that this thread would pop up from over a year ago.
I just sold all of my Bitcoin last week for $2k. I initially invested $10k.
I got in at $16 with about 625 BTC. With some decent trading I got it up to about 750 as it fell and fell...I was close to 800 at around $5 and decided to try to salvage anything I could by jumping in with Bitcoinica.
I got Zhoutghouned several times to the point that I was down to around 200 BTC. After seeing a manipulative trend on Bitcoinica I moved almost all of my BTC out of Bitcoinica about a month before it died.
I just bought a pool house last week as an investment for $52k, cashed out my BTC to help with the down-payment.
As for Costa Rica...it got too expensive to buy there.
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For relatively small amounts / high risk ventures, look for a business angel network.
Business angels are generally rich (ex-) entrepreneurs that like to help startups and make some money doing so. They are organised in networks, you pay a small fee, apply, if your application gets through the first screening, you get like 15 minutes to present your business case for a bunch of business angels and you hope one or more are impressed or curious enough to talk further to you.
If you need larger sums of money, they often provide preseed capital that might be needed to get the attention of venture capitalists or larger investment funds. Or they will introduce you to them (for a %) if you really convinced them.
Interesting, I have never heard of this. |
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I always see it mentioned but have never seen it in real life, but where do these investors come from that fund some of the new services coming out?
I understand the concept, you have an idea and you pitch it to "someone" and you get a bite and start rolling with it. But is it a matter of knowing a business banker who
lets you pitch your business plan in exchange for a business loan? Or is is going to conferences and handing out your card with a minute pitch allowing for a further non-disclosure agreement presentation?
Or is it just going through friends and friends' rich investor friends? Getting the word out there.
Or do you just set up a basic concept website and start to get traffic and the investors seek you out?
I mean, I have invested in a business myself. I dropped $50k into a bar and became 1/3rd silent partner but that came about just because a friend of mine said that his friend who owned a bar needed someone to buy him out. Is that how this tends to happen? Just put the word out?
Not asking for specifics, but just an overall idea of how it all goes down.
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A long September and there's reason to believe maybe this year will be better than the last.
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Hmm, a currency that allows someone to track everyone's transactions throughout the whole life of a currency? No NWO here...
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