The only sites I think are worth my time are :
The last one is the most important in my opinion, this site offers the possibility to do some tasks and they pay you for each task you do. It's boring and repetitive, but you can make much more doing this than going to every faucet and type captchas. You can add http://coinworker.com/ to that list.[/list] |
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I wanna buy bitcoins with paypal. What is the best and safest way doing this? Gonna buy 0.2 btc when I get my money.
It is risky for the seller as you can always dispute the transaction after receiving the bitcoins, |
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Very interesting. Any idea about how the revenue model of the exchange is? Where exactly do they make their money? |
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hiddensecretsofmoney.com
About 2 and 1/2 hours of what you said, in a video format. It's a good watch, in my opinion.
You summarized central banking in the best way possible: 5 simple steps, and they're all correct.
Although, they did make it hard to create your own bank, since now you have to obtain an elusive "banking license" which are really hard to come by, and given to a select few.
Luckily for us, Bitcoin solves that!
It wont be long before licences enter the world of bitcoin.  http://www.theguardian.com/technology/2014/jul/21/new-york-licence-bitcoin-trading |
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Could be worth a million dollars soon. |
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With too much of enthusiasm, AXIS bank got spooked and has deleted the tweet. Probably they're now fearing an ED raide.  I wish, the in charge of this twitter account, does not lose his job !!!  That is extremely strange!  I wonder why banks treat bitcoin as though it is some kind of plague. |
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How do the fees work? like what happens if you put 0.0 BTC as transaction fee vs 0.0000001 or so? how do u know this?
Some transactions qualify as free transactions. Refer http://bitcoinfees.com/ for details |
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Strategic investor. Although it seems like all the investors here are strategic. |
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Dollar cost averaging is not good for investments that go straight up, it is only good for investments that have peaks and troughs.
The history of bitcoin is replete with crashes, although the long term direction seems to be up. |
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Step 3:
Use "money" to influence government to write laws in your favor.
Debatable - Do central banks influence the government, or does the government influence central banks? |
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Where are the revenues, expenses, and profits? Nope, not a stock. Bitcoins have the attributes of and fulfill the functions of money. Look at the bitcoin economy. Bitcoins being mined and transaction fees correspond to revenue. Expenses are the cost incurred to keep the economy going. And when the bitcoin economy prospers, the value of bitcoin (your stock in the economy) goes up. |
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Do let us know how many people opt for BTC vs mobile credit, once the promotion ends.
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Its like investing in silver artwork and special edition coins. They are sold by more they face or silver value, and may or may not be worth much more in the future.
I don't know much about this market, but I think the bitcoin market is in some sense more risky, because we have less previous cases for us to analyze, and less risky, because we can count on bitcoin's history of valuation over years.
You even have physical coins made out of gold these days.  http://www.forbes.com/sites/ericxlmu/2014/07/21/chinese-bitcoiner-made-physical-bitcoin-in-pure-gold/ |
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Yes, I plan on buying more silver, gold and Bitcoins over the coming year before the next crisis hits the economy which I expect to happen in 1-2 years time. Only then will I use my cash reserves and possibly PMs to buy up property.
I actually still see the potential for Bitcoin to correct all the way down to $150 or lower. I know most people would find that laughable but I'm pretty confident that the corrective wave of the $2 to $1200 rise isn't complete. Time will tell.
Converting fiat to BTC at regular intervals will help average out the volatility. So you would be fine if bitcoin corrects (temporarily) to $2 or $2,000. |
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Well its been an interesting 2 days, someone gave me 0.0136 btc from 2 addresses then took it back last night along with another $2 i hade in that wallet. Im the first to admit i didnt have any protection on that wallet apart from a good password so i guess its a good cheap lesson 2 learn. If any1 gets free btc from anywhere lock down your wallet ASAP, it might b a scam and u loose the lot. If this has happened 2 anyone else let me know.
While a loss definitely hurts, be thankful it was only $2. Use cold storage to store larger amounts. |
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That was probably humoristic, but
If violence have been done, investigate that.
If fraud have been done, investigate that.
If illegal substances has been transacted, investigate that.
If someone has been enslaved (nonsensically/newspeakly called trafficking) then take action on that.
Money moved over the border? Has to be ignored. Can not be outlawed, just as giving someone a piece of cake against a cup of coffee in return, can not be taxed. (It they could, they would).
Correct. Although bitcoin may be unrelated to the crime, some one with expertise in bitcoin could help unravel the 'money trail', leading to the criminal. That is where the special teams could come in. |
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Congrats Benson on making it to ET. |
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It comes under the 'Monday Morning Trivia' category.
So it would be wrong to read too much into this tweet.
What is that ? Interesting titbits of information that they periodically provide. If you look at other tweets in this category. Wall Street, home of the New York Stock Exchange was named after a wall built by the Dutch colonists in 1653.
You can find an ATM in Antarctica!
Did you know? One of the first digital wallets or e-wallets was introduced way back in 1997!All this might be useful for quizzing enthusiasts, but does not indicate Axis Bank's business plans. |
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Transaction only happen when two parties exchanges good of equal value. Hence all money need to have value (regardless on how the value is derived).
Value is what people ascribe to it. So anything (dollars, btc, shells) can be used for exchange as long as people believe that it has value. |
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The latest good news coming from DELL has close to 0 effect on price. I would considered this worrisome.
On the contrary, it could indicate that the price of bitcoin may be stabilizing. Might not be good news for speculators, but great news for bitcoin adoption. |
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