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I love it!
I love the persistence of all of you folks who continue to use Mt. Gox no matter how many times you get GOXXXED!
No matter how many BTC or $$$ you lose, or how long things get frozen for, or how many hacks, or arrests, or or or or...
Everybody just keeps going back. It's really awesome.
Keep up the good work!
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Yes, bitcoin has failed. Please turn in all of your BTC to the bitcoin faucet and walk away.
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Dude, Anonymint's Dad is a lawyer. Get it? :-D
You make a fool of yourself for everyone to see. You were the only one without the ignore in two pages  , ruining the scenery. Enjoy the ignor(ing)ant bliss. I make a fool of myself on purpose, for my own and other's amusement... ...you do it because you're a douchebag. |
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But I wasn't actually debating on whether to use this strategy as a long term thing, I was debating about something else, but it seems you didn't get my point...
Capich?
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Converting bitcoins to dollars increases transaction costs enormously.
Again I am making all of these points to show you that bitcoin will never be mainstream. Not even 1% of the economy. Tiny! Get it?
Dude, Anonymint's Dad is a lawyer. Get it? :-D |
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I think it's because the last month convinced people that nothing can stop bitcoin from hitting the moon  I mean the main debate before the china crash was if bitcoin will reach 100k or 1m$ . It's not easy to sell after that  Great so please concentrate with me: Suppose you start off with 10 Bitcoins, market price is 1,200$ > China announcement is live > You sell your 10 Bitcoins at 1,200 each and you pay 120$ transaction fee, and end up with: (1200 x 10) - 120 = 11,880$ > 2 Days later price of Bitcoin seems to stabilize at 700$ > With the 11,880$ you made selling your initial Bitcoin, you buy back Bitcoins at 700$. So now you'll have 11,880/700 = 16.97 Bitcoins Remove 1% transaction fees and you'll get 16.8 Bitcoins WOW! Magic! Guess what, you're 68% wealthier than 2 days ago.... So now couple of years down the line, you'll have 16.8 million dollars worth of Bitcoins instead of only 10 million dollars.... Capich? Better yet. You sell at 700, pay the $70 transaction fee = $7000 2 days later the price is $1200. You end up with 5.833 (ignoring transaction fees because I'm lazy) 2 days later the price is $300 you sell for $1750 minus transaction fees of $17.50 = 1732.50 2 days later the price is $1000 you buy 1.732 coins Over and over and over. 2 days later your spouse leaves you because you're addicted to gambling, AKA bitcoin. Then you have half as many dollars because your spouse took half your shit. |
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Because I didn't wanna get GOXXXED!
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No they didn't , you just imagining things because you hold BTC and its dropping so fast get back to reality they said its not a currency no way and currently banned for financial institutions , it shows you China may ban it at any given time without any given notice , virtual commodity ? what the hell that mean ...
Your retort is irrational, as I am sure all the No votes are. I have studied the ruling and analyzed what it legally says. Your paranoia does not agree with the reality of what the ruling says. Pass your Bitcoins to strong hands who have sound logic and know how to read what the ruling actually says. And who understand that China is slowly liberalizing, while the west is slowing turning into a spy agency and capital controls prison. Note I have been a China critic over at http://mpettis.com, just find the posts with the avatar of Homer Simpson's small brain x-ray. P.S. Actually I was holding no BTC (and never owned any) until today when someone sent me several to distribute to typhoon victims. I'm going to make the assumption that you're telling the truth, and that you speak mandarin, can read it, and actually have legal knowledge. Please "analyze what it legally says", aside from the translations you provided, which state that it should not be treated like a currency, and can not be used as a currency, but rather as a speculation vehicle at their own risk. Does china also say that their Yuan should not be treated like a currency, that purchases cannot be made with it like currency, and it is a speculation vehicle to be used at their own risk? |
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Before blindly shooting Dave, do some research on what his service is about and the way he operates.
It's legit.
When dealing with bitcoin, I have found the scam or the hack or the crash or the (negative adjective here) is the rule rather than the exception. With the exception of the guy I bought a 1957 dime off of here from a year ago. I sent him coins, and he sent me a dime in the mail that was really neat. |
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Can we still buy and sell Chinese using BTC, that's the real question.
Yes they can. My father is a former West Coast division head attorney for Exxon. I appear to have inherited some of his high IQ ability to interpret the law. I bet if you strapped law books to your head with duct tape, or better yet gaffers tape, you would absorb even more! I'm sure him studying and practicing for years didn't really affect any of that. |
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Go to mtgox and you will find Nakamoto.
The top bitcoin exchanger is in Japan and a japanese man created bitcoin
Go there and you will find him
Yep, the guy who created "Magic: The Gathering Online Exchange" clearly is the same man who created one of the most original and fresh takes on economic theory in 100+ years. Yup, and he created a trading engine that could only do 7 trades a second after creating bitcoin  He put all of his bitcoins into Mt Gox, and his account got GOXXXED, and now he has nothing. Satoshi is broke. Long live Satoshi. |
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Its "subtract one" in programming terms.
Ah, I get it now! Good joke. Thanks for the lesson. No worries. It was supposed to be more funny than confusing. Ah well. |
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nice use of the bitwise exclusive or operator (XOR). 33000 ^ 0 would equal 33000 obviously. and C++ would definitely get "tripped up" by a few commas in there, careful coding:)
It was "To the power of" with what is available to me :-) And I didn't use any commas. But now my nerd joke is completely ruined lol. |
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FucksGiven = (33,000 ^ 0);
FucksGiven--;
33,000 ^ 0 = 1 Correct. Next line? Is it 0? Its "subtract one" in programming terms. |
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Can we still buy and sell Chinese using BTC, that's the real question.
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Alex Jones "Drinks Paint thinner" & "Is a stupid asshole".
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FucksGiven = (33,000 ^ 0);
FucksGiven--;
33,000 ^ 0 = 1 Correct. Next line? |
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FucksGiven = (33,000 ^ 0);
FucksGiven--;
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Should have used an escrow service for a domain name sale.
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