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My concern with BTCJam's no collateral loans is that there is nothing stopping someone with a Judgement on their record from telling the Collection agencys to take a hike and never paying a dime back. It's a bad mark on their credit but if it's shot anyway, who cares? The laws are definitely in the borrower/scammers favor. I personally would never seek interest thru bitcoin loans. What if you loan 1 BTC and the price spikes to 5K, and Bob can't possibly afford to buy 1BTC to pay you back. It's just rife with problems, but I hope everyone gets paid. I did Prosper.com for a bit and ended up breaking even after one scammer just walked away from a $1300 loan. No money collected. All in all, I experienced a ~20% default rate on my loans, and Prosper didn't do dick about it.
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Great post OP.
I can tell you the killer apps and quick access to bitcoins are rolling out and coming soon. If it weren't for all the muddy regulations, we'd be a lot further along.
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Inverse head and shoulders chart patterns are bullish not bearish.
That's what I was thinking, too. I don't day trade tho so meh.. carry on.
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Maybe they are just moving them to a mutlisig/split key wallet to increase security of the coins.
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there is clearly an urgent need for some dinosaurs
I just sat here laughing at this dino pic for literally 5 minutes. I should start working. Thank you magicmexican
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Everyone talking about bubbles don't realize that a new "bubble" doesn't start until after the new ATH. Am I wrong?
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It must be time, all the usual trolls out on the prowl. TTM & CCMFs. I know this is repost, I don't care either.That's a cool ass image. Thirded. Mesmerizing. It's only a matter of time before that 510 wall gets tested.
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Thanks guy, I'll have more time later to fully read up on it. just getting twitter/btalk updates so far...definitely sounds like a fair way to run it...even tho it may have a huge affect on my small business plans.
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So, do users benefit at all from future price increases? The way i read it..
I put $450 in today, i get roughly "1 BTC" (in quotes because you don't own anything, you've paid for access to the network)
Let's say a whale comes along and pushes price to $900 on Sunday.
Do I now control ".5 BTC" on my circle account? Or do i have 1 BTC still and more purchasing power? Sounds like the former, and in that case, Circle has just made a killing on my deposit.
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I thought it was Lopez
*awkwardly walks away*
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I never saw Slater being the bitcoin-stealing type. Zach and Screech, maybe. Lisa Turtle mined before it was cool, doesn't need to steal.
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I downloaded and played with the bitwallet app last night.. not bad if you know what you are doing. As a potential ATM operator, I will probably point IOS people to it since it provides them a safe way to purchase bitcoins at the ATM. From what I can tell, even a phone with malware wouldn't be able to steal the coins.
I also thoroughly enjoyed paying a TX fee of .00001 last night. Beautiful.
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Rare... getting more rare.... And they are beautiful. When I can afford to I would love to buy some. [/quote] Agreed.. PM me when you are interested. I have just about any one you'd want. BTC only
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4 airplane trips 1 hotel stay amazon gyft cards beer(private txs) dinner(private tx) about 10 different charitable donations comforter sheepskin slippers
i just replace what i spend when it makes sense to...
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really gives the CCMF a new meaning...
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OK I'm done, you can believe what you want, and I'll believe what i want. No convincing us otherwise. Good day.
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Good points, but you don't "turn over" any of those things... I also don't think it's a secret NSA project... I'm the world's biggest media skeptic, but this finding seems pretty legit. There are a lot of things pointing to it being a real scoop. A complete mindfuck for me last night when I first found out but after reading the article.. it seems pretty well researched. it bothers me she got his email from a 3rd party.
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I don't know guys.. what possible question could have produced a response like that?
I see a lot of embarrassing confirmation biases on BT today.
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I would love to recreate this photo.. anyone know where it was shot? lol
because I am Satoshi Nakamoto.
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So crazy. Yesterday, I was about to reply to their last tweet asking how they intend to prove they had all BTCs reserves after stumbling across their business recently. That would have been epic timing but i never sent it.. damn.
Gotta hold everyone to a higher level of standard before we even consider doing biz with them. Although I would never use or advise anyone else to use a service like this, was researching it anyway...at least their cold storage was really cold storage.
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