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1461  Economy / Speculation / Re: Why didn't you sell? on: December 07, 2013, 09:32:12 PM
I didn't sell because BTC is much harder to acquire than fiat.
1462  Economy / Speculation / Re: Speculation proposition on: December 07, 2013, 08:03:55 PM
I like the idea. It would sure weed out all the baseless rants. However, I don't know if this forum would be able to implement that system or not.

There are a couple websites already that offer this service:

http://www.predictcoins.com/
https://www.predictious.com/
1463  Bitcoin / Mining / Re: I cant understand cex.io investors on: December 07, 2013, 07:48:54 PM
I've profited using Cex.io the past month or so. I bought 2 GH/s for around 0.078 originally and sold at .085 a week later after collecting mining payments. I've currently got about .12 GH going, but with my referrals I almost have a free GH running at no cost.

I really like the site it's easy, fast and the merged mining with Devcoins, Namecoins, etc. is a nice bonus.
1464  Economy / Speculation / Re: It looks like $700 is the new $150 on: December 07, 2013, 07:32:08 PM
Things aren't always what they seem  Undecided
1465  Economy / Speculation / Re: The Bitcoin Conspiracies Thread on: December 07, 2013, 07:30:07 PM
Well of course there's the theory that Satoshi Nakamoto is a pseudonym for a top-secret NSA crypto-currency project. There is the possibility that NSA has a backdoor to SHA-256 encryption and Bitcoin is not really as secure as we think.

Link to 1996 NSA report on Cryptocurrencies:
http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

It would not surprise me as Bitcoin, SHA-256, Computers are all man-made inventions that are fallible.

They could be waiting for the world to transfer their wealth to Bitcoin only to collapse the system at the right time. This would bring disorder and chaos to facilitate the establishment of the new world order.

1466  Economy / Speculation / DROPPING LIKE A ROCK on: December 06, 2013, 07:00:19 PM
SELL SELL SELL!  Shocked
1467  Other / Off-topic / Re: Is Bitcoin a Woman? on: December 06, 2013, 05:50:12 PM
Sorry to burst your Bubble, but Bitcoin is no where close to a woman.

Have you tried going to Bars or online dating?
1468  Other / Off-topic / Re: BRISH MAN BUYS AN XBOX ONE PHOTO FOR £458 on: December 06, 2013, 04:36:35 PM
It's a nice looking photo to say the least...  Undecided
1469  Economy / Speculation / Re: Borrowed $1,000,000 (1 million dollars) from my dad to invest in BTC (serious) on: December 06, 2013, 12:50:10 AM
Your dad will be very upset when he finds out his money was wasted on some new digital currency.... IMO now is not the time to buy when there is a lot of Hype and the price jumped nearly 10x in such a short amount of time.
1470  Other / Archival / Re: Funny QRs with Bitcoins on: December 05, 2013, 11:59:45 PM
LOL  Shocked
1471  Bitcoin / Bitcoin Discussion / Re: I designed some Bitcoin t-shirts. What do you guys think? on: December 05, 2013, 11:56:45 PM
Your Shirts look like quality fabric and nice designs as well. I'm sure they will look much better in person.
1472  Economy / Services / Re: Looking for staking deal on seals with clubs poker room on: December 05, 2013, 11:12:40 PM
You can get backed on SealsDeals.info if you have some Trust and good track record. Not too many people are going to stake a new player without any history. I'd recommend winning in the 99 Player SNG Freeroll a few times and building your bankroll from there. There's a few 1 chip tournaments and minimum buy in at the ring games is 2 chips or .002 btc.

If you're a good player then you'll have no problem getting a roll together without having to pay back loans or stakers. Good luck!
1473  Economy / Speculation / Re: Here's two major reasons why Bitcoin will soon pass $2000 on: December 05, 2013, 11:08:08 PM
But do they have $2000 per Bitcoin to invest?

Here's a secret.

<whisper>
People don't have to buy a full bitcoin.
</whisper>


That's not the point. If you're spending $2 for a mBTC then you are spending $2000 a coin. That's a lot of money for a Bitcoin when it was $10 in January.

India is a very tech-savvy country, and if they aren't onboard now then what makes you think they will be later?
1474  Economy / Speculation / Re: 1 BTC = 1oz of GOLD.... We're sooooo close! on: December 05, 2013, 10:29:48 PM
In the process of making a website, http://www.goldvsbitcoin.com

Still adding the basics (e.g. the actual prices aren't displayed anywhere yet... working on it)

I like your site looks good. Maybe add a legend indicating which line is Bitcoin and which is Gold.
1475  Economy / Speculation / Re: Here's two major reasons why Bitcoin will soon pass $2000 on: December 05, 2013, 10:27:06 PM
But do they have $2000 per Bitcoin to invest?
1476  Economy / Speculation / Re: Taking a loan to buy bitcoin on: December 03, 2013, 02:37:49 PM
I think the general consensus is NEVER gamble with a loan..

You can't predict the markets so don't risk everything you have on something you know little about. People want to get rich now and end up losing it all. 

Start building your wealth with what you already own. Work to earn your money so you know it's true value. That way you will be less likely to make impulsive decisions based on emotions rather than reason.

The last 2 spikes in Bitcoin price were followed by a big drop so it would be entirely possible to invest $100,000 on 100 Bitcoins and have that turn into $50,000 in one day.

You can see that even though you have 100 coins worth $50,000 you owe the bank $100,000 PLUS interest. It's just a matter of time before you have to sell all your coins and then some to pay back the loan.
1477  Bitcoin / Bitcoin Discussion / Re: Can someone school me on wallets? on: December 03, 2013, 01:08:32 AM
Download the BTC_Matrix.html to your computer:

https://github.com/Cyptowallets/CyptoWallets.org

Load it on another computer not connected to the internet. Generate the Paper wallet and print it out. It's pretty simple.
1478  Other / Beginners & Help / Re: College Kid made over $22,000 in Bitcoin on: December 03, 2013, 12:57:48 AM
Great idea good for him  Grin
1479  Bitcoin / Bitcoin Discussion / Re: Need to switch to mBTC soon on: December 03, 2013, 12:50:34 AM
I personally don't like mBTC or uBTC and prefer to see exactly how much it costs like .001 BTC. When you use 1 mBTC people have no idea what that means or have to add it up in their head. People that are new definitely aren't going to understand.
1480  Economy / Service Discussion / Re: Which exchange will make history and be the first to switch to mBTC? on: December 03, 2013, 12:37:57 AM
Why does everyone want to switch to mBTC? I just don't get it... how hard is it to say .000001 BTC or .00004 BTC?  Undecided
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