Like why cant I use my credit card or paypal account? Why do I have to jump through hoops just to credit my account.
It is because credit cards and paypal are not good money compared to bitcoins. And no one wants to sell bitcoin for paypal and cc. And those reckless sellers that do get burned by their stupidity rather quickly. |
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you could try a wire transfer to bitstamp.net, unless you want to spend 2 millions USD and their liquidity is not good enough for you.
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Sell just enough to take one year vacation somewhere without internet. Then reassess.
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Do you people think there is only one guy out there with 2+ million USD to burn who wants some bitcoins now at market?
Do you people think these guys that are buying 2 million USD worth of bitcoin in one go are going to daytrade it?
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Ahh, thanks for that I have seen OP posted a few times, it is an acronym I hadn't come across before. Now you throw another at me, what is NAV?
Case closed. |
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Oh... and hey Vladimir: I remember your first sub-title under your avatar. How're you doing with that?  well... with all the boating accidents... and fucking idiots and scammers in Bitcoin Magazine wasting one year of my life.... I am flat out broke now. |
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my exit strategy is to buy more popcorn
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I'm not saying it's never going to drop below the 60s again, but long term it will only keep increasing as adaptation becomes more widespread.
I'll just add this: 1. New technology adoption is typically growing exponentially. 2. BTC value is linearly proportional to Bitcoin adoption. |
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If so many refer to it as a bubble, it is not a bubble. Once everyone and the shoeshine boy refers to it as a "new paradigm" and "permanently high plateau" then maybe it is a bubble. For this to happen BTCs gotta be above 1mil$ a pop.
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We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up.
YES. Do it on Cyprus. If you think of it. The next Bitcoin conference shall be on Cyprus too. |
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Luck indicates that our concious decisions to take a chance on an unproven technology did not play a role.
There are plenty of people who have heard of Bitcoin that have dismissed it and missed out on this "luck".
EXACTLY. I already have people telling me "You just got lucky, blah blah blah". NO, FUCK YOU, you guys knew about bitcoin the moment I did, but unlike me, you brushed it off as not being worth your time/effort/investment, where I saw the potential and got busy. I didn't sit on my ass playing games and stuffing my face, I hustled with with all the research, planning, trouble shooting, months of free time eaten away fiddling with overheated rigs and overloaded power lines, not to mention the cost of the whole operation, and now that my payoff is more than your net worth, you to write is off as "luck"? Fuck off you lazy hippie. /rant Indeed. Give it some time and your reward will be more than their not annual but lifetime salary. And they will never admit that you had enough brain to recognize merits of a new singularity on intersection of many complex disciplines such as economics, politics, finance, cryptography and computer science. You not just had a brain to recognize it, you also had balls to act on it. You also had a heart to share it all with them. But chances are that they have belittled you as a small time pump and dumper and ponzi promoter. Whatever... their loss. I recently had an email exchange with one of my old acquaintances with whom I shared my discovery of Bitcoin back in very early 2011 (0.45$ per BTC times). I at that time suggested him to invest 10k$ into BTC, just to get belittled as a semi-criminal HYIP promoter, and ponzi operator. It seems that guy still thinks it is a ponzi... O well, whatever floats your boat my friend. BTW he gave me this link http://www.youtube.com/watch?v=0UKC7iaBKvs as proof of his point. FFS! There also was another guy who was in position to buy 200k$ worth of BTC at < 0.5$ and I made very detailed proposals. He decided to pass. That would be about 25 million USD now, give or take. |
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(Like mine! Mine are worth at least $10,000 each hence my lack of desire to sell/spend them currently!)
Stop it! You are undermining Bitcoins fungility. Because my Bitcoins worth at least 10 990$ each. It is not Euro FFS! |
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Once microsoft IS your country you will have just as much or even less choice than you had before.
Microsoft country has started a little war in Middle East. It is not working. Solution is simple. Let's close this war and start it again, maybe it will work for us then. |
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how to solomine using cuda gpu?
Sell all the hardware for bitcoins. This is likely the most efficient mining method. |
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Overextended banks need to fail and people who were stupid enough to trust them with their money need to learn from their mistake (or repeat it, whichever they like!)
It is not about insolvency of Cypriotic banks. It is about insolvency of Greek, Spanish, Portuguese, Irish, Italian, French, Dutch, German, Britsih, American and Japanese banks. Get it? |
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There is one problem with this "promotion". The problem is... it is a "promotion" of 2 private commercial services that masquerades as a community effort or at least it is how this looks like.
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I've got an itchy trigger finger right now.
You are probably better off just selling and getting on with your life. If you do not sell now they likely will shake you off along with a bunch of other emotional and weak hands and likely at a lower price too. |
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GideonGono, you are correct. It does not makes sense to normal people, to me and you. However, this is exactly in spirit of all this BS AML/KYC legislation. It is exactly what the regulators want. Which is to install gatekeepers on money flaw, create barriers for competition and create a moat around their masters' business of fleecing the population.
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