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1781  Other / Beginners & Help / Re: Why is it so hard to buy bitcoin? on: November 26, 2013, 04:01:11 PM
Then go ahead, try sell bitcoins for credit card payments. Then tell us how it is going. What? The chargeback fest killed your business? That is the reason why no one sells bitcoin via credit cards

I don't really see why it's different for bitcoins versus stereos or other physical goods.  Is it just that there's a lot more scammers attracted to the get-rich-quick aura of bitcoins? Is it the fact that they're buying "money" which is more liquid than a stereo that you have to lug to a pawn shop to get 25% of its value?

Actually, my wife just gave me a good answer to this: the "Someone stole my credit card" excuse.  I can prove I delivered to a wallet, but I can't prove you own that wallet, so you just have to say "that's not my wallet, I didn't buy the bitcoin" and then there's no recourse.

I still think that under normal circumstances, that would be really rare, but as above, bitcoin (right now) tends to attract more than its share of scammers. 



If you are in Canada you can sign up for cavirtex.com exchange or use the atm in Vancouver.

Coinbase is another option.
1782  Other / Beginners & Help / Re: Bitcoin Price on: November 26, 2013, 03:59:54 PM
Do you think BTC price will reach $1000? If so will it be stable or it will be a new jump point?

Just remember that BTC can go up or down.

However the trend has been that holding onto BTC has always given the best return.
BTC is not only a commodity or security but also can be used as a currency.

Germany has made the best tax incentive to invest in BTC.

One can expect that as more people adopt this technology, confidence and issues with the protocol will get ironed out.
1783  Bitcoin / Bitcoin Discussion / Re: Need to switch to mBTC soon on: November 26, 2013, 03:52:41 PM
Fun times
1784  Bitcoin / Mining speculation / Re: KNC 20nm Speed speculation on: November 26, 2013, 03:49:37 PM
Anyone have any thoughts on what the 20nm will produce?


3TH 12.3BTC at the current price for Q1/Q2 2014
1785  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 26, 2013, 03:27:56 PM
For those that wish to use a re-seller account.

Make sure you are logged in on your account before ordering.

Then you would follow the link provided from the given re-seller.

https://www.kncminer.com/?resellerid=619
1786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 08:50:59 AM
1787  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 25, 2013, 05:34:25 PM
i am testing right now cgminer-tune with my jupiter that has got some problems at the beginning and is mining at 520GH with 3.8.1. i can report that the jupiter is hashing now at 480GH Sad. and i am not sure but it takes some time till the working diff has changed usually i think it got changed faster. i am mining on eligius btw.

i will update you in 2-3h.

edit:
after one hour it is working at 511GH/s

just an update:

jupiter one: FW0.99 3.8.1@523GH/s AVG HW2,4% - FW0.99 3.8.2tune@513GH/s AVG HW1,4% (3h working)
jupiter two: FW0.99 3.8.1@564GH/s AVG HW2,0% - FW0.99 3.8.2tune@566GH/s AVG HW1,4% (10min working)


Firmware v0.9.9 After 8 Days
1788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 23, 2013, 02:17:20 PM
All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
What? Bitcoin =/= tulip mania in any way, internet or not.

Comparing a natural resource to crypto is just silly.
1789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 23, 2013, 02:16:13 PM
We want $1000!
We want $1000!
We want $1000!

How's that?

$1500 here.
1790  Economy / Speculation / Re: The Great Crash on: November 23, 2013, 02:15:01 PM
The Great Crash will start in a hour. Sell now and double your holdings in a couple of hours!

Are you attempting the start a self fulfilling prophecy on the weekend? How original. Smiley
1791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 23, 2013, 01:55:05 PM

1792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 22, 2013, 10:49:19 PM
Gox is going full bulltard
Next stop $1500 USD
1793  Economy / Speculation / Re: Accumulating coins on: November 22, 2013, 02:42:37 PM
What is your strategy for accumulating coins?


Buy low and mine.
1794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 08:19:38 PM
So Gox goes up while China didn't do anything really. It's up to 730 doing just fine when suddenly China goes down and instantly Gox and Stamp drop.
Can anybody explain to me how that happens so fast and why?

the bubble poped!

now their could be another bubble foruming right now. IDK i'm  really scared.  Undecided

Those that were comfortable to exit the race at 800-900 have since been replaced by the new adopters who are still racing to get in.

You can see evidence of this as before the drop the BTC on the ask side was slim. However since the drop the btc on the ask side has grown.

These new players are going long and I expect them to hold large quantities of BTC much like art as they would with other 1/3 commodities.

I had expected this to take another week or so. However since the US Senate hearing and with the upcoming reviews in early/mid December I expect that others also had felt the bullish nature the US is adopting to Bitcoin and cryptocurrencies in general.
1795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2013, 02:33:38 AM

1796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2013, 12:43:14 AM
http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.LiveStream&Hearing_id=955322cc-d648-4a00-a41f-c23be8ff4cad

not sure if you missed it.
1797  Bitcoin / Hardware / Re: Technobit HEX16B - Bitfury based miner in hand on: November 19, 2013, 10:07:49 AM
Thats a great review. The photos are great.
1798  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 19, 2013, 04:12:36 AM
i see many people happy LOL

but i still have question about psu  Grin i dont know wht i need buy
hrhrh

OCZ ZX Series 1250W is good?

Yes I use it and they are great.
1799  Economy / Speculation / Re: Proof: Chinese can do art! on: November 19, 2013, 03:59:50 AM


1800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 03:56:10 AM
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