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I only use Linux. Of the various distro options I like Ubuntu best. It has everything you need and not a speck more. Go buy a shitty old PC then install Ubuntu and you'll never go back.
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The problem is that an exchange that follows the law is not going to be anonymous, and an exchange that is not following the law can't really be trusted.
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Side note:
The Seattle city council has voted to divest it's holdings in western union. This yanks $3billion from them. They are standing with the standing rock Sioux tribe against the pipeline.
Cool, but this was Wells Fargo, not Western Union  OMG your right.  Oops, sorry. I was remembering incorrectly an article I read earlier in the day. |
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At the moment it will take a drop in price of $0.38.  |
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What do you think guys ?
I think it could happen, but maybe not. It might happen soon or could take a long time. Or it may never happen. That's what I think. |
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Side note:
The Seattle city council has voted to divest it's holdings in western union. This yanks $3billion from them. They are standing with the standing rock Sioux tribe against the pipeline.
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The thing is your plan to make an "insane amount of bitcoins" starts with someone giving you bitcoins. so why not use your own bitcoin?
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I don't have any experience to buy a car with btc. but it seems great, If one day i can buy a car with btc. It's really a good idea, I'm never heard this news before.
I would save bitcoin for buying a nice car one day.
It is very easy, no different than buying with a check or cash except that it takes less time and effort. I haven't bought a car yet with bitcoin but I have bought a lot of other stuff. The bitcoin part is easy. |
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Come on man. ...
Yo Mr "Legendary", OBVIOUSLY ALL of the above would have to have been done correctly and legally! Duh! I didn't explain more as I'm not going to give someone else who does have BTC5 take the business opportunity I found, I'm not that stupid either you know. And, just by the way, I could sign the contract as "groovemasta" if I wanted to, as that's a legally binding name for me It was not at all obvious from your post. You made no mention of what collateral you will provide, no mention of a legal contract that is witnessed and notarized, no mention of escrow... You just asked for thousands of dollars for an "investment". For someone to make a decision on your loan request they will need to know all this. Except what you need it for, that's irrelevant. Next time provide the info and maybe someone will finance you. |
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I also find firearms for sale at gunbroker.com and armslist.com. Just do a search for bitcoin and be sure to search the entire listing. There are normally a few guns for sale at these places.
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There are 'islamic banking models' which exist today and which tell you they don't charge interest. They are actually work arounds and they end up charging the customer a lot more than a traditional bank. So force-banning something like interest just won't work. It will exist under another name.
That is indeed true. ... ya.ya.yo! I would add that the reason it is considered haram (forbidden) is because it is considered immoral to make money from predatory loans. For much of the history of Christianity usury was also forbidden. However there is so much money in it that exceptions have been rationalized over the centuries. |
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If you are looking at buying a firearm you may want to check out https://centraltexasgunworks.com/I have bought several guns from them and they take bitcoin directly! |
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Also, I do not buy that line "Bitcoin s investment by itself". If this is the case, there s no growth of crypto economy and consequently no change in price based on anything else but speculations. We do not need that.
I'm totally with you. Utility is a strong foundation for the BTC economy. Speculation provides the weakest support. |
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For anyone who cares, here is what a real dead cat bounce is all about.
First a business that needs capitol issues a stock. They hope the market will highly value their stock and investors will buy up the stocks so they can stay in business.
Unfortunately their business idea is not very good and the stock price starts falling. Down, down it goes.
But... As it falls a few investors buy because the price is so low it may be worth a bet. At this point the price climbs a bit. but not a lot or for long. In fact the stock is still going to zero because the business will fail without the influx of investor money. That jump near the end is the bounce.
Bitcoin is different. It worked fine when the price was $0.06 and does not need your money to work. It is not a business with bills and employees to pay. It is a computer program. The only way for bitcoin to go to zero is if no people anywhere are using it.
In short, a dead cat bounce can only been seen after a collapse to zero. In other words, the cat has to die.
So kwukduk has confused a Bear Trap with a Dead Cat Bounce? I think that's a better term. A bear trap can happen to any stock, commodity, bond, etc. It could be a healthy asset that has been climbing but is now thought to be falling. The bear comes in and places short orders on the asset, which then goes up in price. If the bear has not placed a stop-loss on his order he is in for a big loss. And has fallen into a "bear trap". |
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ASIC machines are specially manufactured machines for bitcoin mining.
You answered first and got it right. |
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You have heard of money right? Look up "spending money". It's a really good use of money.
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I doubt you will find a serious investment opportunity here. It is just not done that way. If you want to actually invest (in the USA) you will want to look into investment portals like https://circleup.com/ . i wonder if any of these places come up with any type of return. the whole unicorn era seems to have bred the expectation of taking massive amounts of vc money and ending up with squat very rapidly. i hope that doesn't filter down to the little guys in the same way. Good point. Just because it's a legal/legit business does not make it a good idea. The whole skill in investing is finding capable people with good ideas. There is no short cut for due diligence. |
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For anyone who cares, here is what a real dead cat bounce is all about.
First a business that needs capitol issues a stock. They hope the market will highly value their stock and investors will buy up the stocks so they can stay in business.
Unfortunately their business idea is not very good and the stock price starts falling. Down, down it goes.
But... As it falls a few investors buy because the price is so low it may be worth a bet. At this point the price climbs a bit. but not a lot or for long. In fact the stock is still going to zero because the business will fail without the influx of investor money. That jump near the end is the bounce.
Bitcoin is different. It worked fine when the price was $0.06 and does not need your money to work. It is not a business with bills and employees to pay. It is a computer program. The only way for bitcoin to go to zero is if no people anywhere are using it.
In short, a dead cat bounce can only been seen after a collapse to zero. In other words, the cat has to die.
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I doubt you will find a serious investment opportunity here. It is just not done that way. If you want to actually invest (in the USA) you will want to look into investment portals like https://circleup.com/ . If you are "investing" in anything other than a licensed business then you are just kidding yourself. |
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