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I'm sure more than a few people have heard Peter Schiff talk about bitcoins and how he doesn't believe that they have any value.
Who would you like to see have a debate/chat with him?
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How do you get money in and out of their exchange? Advice on this matter? Thanks.
To get it out, just pull out bitcoins. It's very straight forward. To put it in, just put in bitcoins. You need to follow their procedures if you want to put in or pull out fiat. That, well, that's a different story. There are ways to do it, but you probably need to be in China for that. |
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Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.
is it not a bubble! +1 Not a bubble. Just crashing up towards it's fair value. In other news, a CNN article put BTC at $100,000 saying that it's like to be a trillion dollar market soon. Even the MSM is starting to look at the potential for bitcoins rather than having pure hit pieces all the time. |
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I just sold 1btc for £500! Madness!
I agree. Selling is madness.  Yup! It is!  And the bulls are spending BTC to buy bear rugs! |
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What?? The Chinese are capable of lying, cheating and/or stealing?
Funny. I've had the same problems dealing with people in other places of the world as well. They didn't appear to be Chinese... Maybe they had plastic surgery? Meh... who knows? |
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- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)
I trade on BCT China. No problems there. I am not in China and am not a Chinese citizen. I can deposit, trade, and withdraw. No problems. From my own experience with them, they have superb customer service. I think you're seeing things that aren't there. |
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The USD WILL collapse. Then so will the Euro, the Japanese Yen, the Swiss Franc, the Canadian dollar, and the Australian dollar - to start.
This is a mathematical certainty.
Short of some sort of false flag to distract from the insolvency of the QE countries (US, Canada, Europe, etc.), there is no way to avert the collapse.
Peter Schiff is an optimist.
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What are you people talking about?   |
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Its important to remember that India has a population of 1.2bn...just a small increase in publicity and btc could really get big over there.
That's the thing. With so many people, a bit of bitcoin publicity could spark a massive upsurge in adoption. 1.2 billion people is simply massive. A better local exchange might help, but I don't know enough about their banking system to comment on what would make buying easier for people there. |
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1. A lot of Indians are starting to get wealthy. Also, many Indians in the US send money home and the situation isn't that great. Sometimes the money doesn't make it for various reasons or the fees are very high.
2. And the Indians bought more gold than any other country, so now that gold imports are regulated, they need somewhere else to put their money that the government can't regulate.
3. A lot of Indians work in high-tech jobs, so the understanding of computers and encryption won't be a big turnoff for them.
So I think that India is ripe for bitcoin.
Those were some of my suspicions. I'm not well acquainted with the Indian market though, but it seems like bitcoins are a fantastic fit for it. |
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soon.
+1 Now, once more with feeling!  |
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I see on the Havelock site that it's listed as ฿0.0001 and not ฿0.00015. Can you confirm which is correct? Thanks.
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With the Chinese driving the bitcoin market at breakneck speeds now, I'm kind of wondering when India will "jump on board".
Does anyone know much about the Indian market and have any thoughts on what is happening or will happen there?
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Guys, what is the reason of this sudden price rise? Any fundamental changes happening somewhere?
Massive buying in China on BTC China. The Chinese are driving this car now.  |
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Bitcoin is about to get some time in the Capitol Hill spotlight.
A pair of Senate committees will hold hearings on the policy issues raised by virtual currencies in the coming weeks, according to Senate aides, a development that comes amid growing attention from government regulators to digital forms of money. http://blogs.wsj.com/washwire/2013/11/05/bitcoin-comes-under-senate-scrutiny/What do you think? are we going to survive? Bitcoin will survive. But what I'd really like to see is Zhou Tonged do a parody of "America, Fuck Yeah!" http://www.youtube.com/watch?v=7R5A0pg4oN8Something like: America, FUCK YOU! Bitcoin's gonna save the mother-fucking world, yeah! America, FUCK YOU! Bitcoin is our currency now, yeah! etc. etc. Quite honestly, Washington D.C. can take it's regulations, authority, and opinions and shove them up its collectivist ass. |
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I pulled out BTC, but not CNY. Worked well enough. Just make sure to sync the Google Authenticator app before you register BTC China in it. That was a minor hiccup for me.
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So who sold < $230?
Yeah, I wouldn't expect many responses... I keep seeing people falling past my 20th floor window. I'm guessing that it related. |
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Except that the common chinese worker cannot afford to risk even $100 into bitcoin.
It's the common American worker cannot afford investments, because he have to buy 100-inch TV first. Chinese worker cannot afford to not invest. +1 Chinese priorities: health, wealth & family American priorities: big screen TV, SUV & "Dancing with the Stars" Conclusion: Bullish based on Chinese common sense despite vapid American priorities. |
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Apparently RIAA thinks bitcoin should be shut down.
The RIAA thinks everything should be shut down. Look up RIAA in the dictionary and it says, "See uberdouche". |
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