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281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2013, 09:43:20 PM
Beautiful
282  Economy / Speculation / Re: What will be the high (USD) from now until the end of the year? on: November 03, 2013, 09:38:52 PM
300... only a couple of months
283  Economy / Speculation / Re: Why I think a major and prolonged crash could be beneficial on: November 03, 2013, 09:37:31 PM
Yes,I agree... I want to see a major and prolonged crash so I can buy a huge volume of coins super cheap. Good plan sir.
284  Economy / Speculation / Re: BTC at $205? Should I buy into a rally? on: November 03, 2013, 09:32:45 PM
Its already too late bro, the train has left the station.

Choo choo! (Im aboard the train, vip seats in the front)
The rule is, if you're going to shamelessly brag like a douche, you have to also shamelessly announce exactly how many coins you have.

What constitutes VIP seats?  How many coins?

I wanna see where on the train I sit.... Smiley

Right at the back of this train but not getting off until my destination of BTC= $100000
285  Economy / Speculation / Re: Bitcoin might rise $1000 unexpectedly soon on: November 03, 2013, 09:26:58 PM
Nice pic!

Cheesy
286  Economy / Marketplace / Re: [ANN] Launch of booze4bitcoin.eu , alcoholic beverages eshop accepting only BTC on: November 03, 2013, 02:29:07 PM
Steep....
287  Economy / Economics / Re: Effects of hoarding on trading on: November 03, 2013, 02:18:49 PM
Hi all,

Just last month I went to a site which was selling some tickets and they accepted both bitcoins and fiat currency . In this case, of course I choose to pay via fiat currency because I didnt want to spend my bitcoins. Within a week, bitcoin value went up by 15% !!

My point is , due to deflation, why would people  spend bitcoin instead of fiat currency to buy regular items like electronics, shoes, groceries etc. I see lots of these sites coming up, but I am not sure what is the volume of business these sites are doing. Of course bitcoin is the currency of choice to buy stuff like drugs and in a decentralized fashion. Would it still make sense for businesses like Amazon (that anyway ask you to enter personal details) to accept bitcoins, seeing that fact the so much hoarding is going on.

I want to know what is general thoughts of the community on this.


For tax reasons - it makes more sense for me to convert to BTC and then buy whatever I need. (I am assuming my couple of stored BTC will appreciate in value)
288  Economy / Marketplace / Re: How do you earn your bitcoins? on: November 03, 2013, 02:16:55 PM
Free faucets, do it and sell it when btc price hit $10000

That's not going to happen......ever...... Tongue

Never say never...... I will save this post for a later date.
289  Economy / Economics / Re: HOW WE CAN SLOWLY BOOST BITCOINS TOWARDS MASS ADOPTION on: November 03, 2013, 02:12:30 PM
I tried asking my currency broker if they could supply me with some bitcoins. (They are a currency broker after all)

It didn't go down well.

My business is going elsewhere!
290  Bitcoin / Bitcoin Discussion / Re: What do you think is the best form to gift BTC? on: November 03, 2013, 02:09:10 PM
but is my little sister really going to be impressed with a slip of paper versus a shiny silver coin?

How about a slip of shiny paper? Smiley

Seriously though, my project is specifically tailored for giving away BTC as paper wallets, and the design is (1) attractive, and (2) has optional hologram stickers which provide added tamper-proof measures... AND make it shiny and valuable-looking.



https://bitcoinpaperwallet.com

It is quite pretty.
291  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoins should be renamed to burying. on: November 03, 2013, 10:42:40 AM

"Mining" makes more sense to the layman because it invokes the idea of "hard work done" to gain a certain limited resource.

But there is no "hard work" being done.  Huh The "miners" simply guess random nonces until one is found that will produce a valid hashed block. It's similar to throwing spaghetti against a wall until one keeps sticking to the wall and declaring that one the winner.

Well the nature of "proof of work" is in computer terms, hard work.

Real mining involves digging and hoping this batch of dirt has the shiny stuff, I can see a very direct analogy here.



All good points.
292  Bitcoin / Hardware / Re: Least reliable company? on: November 03, 2013, 10:39:54 AM
Mt Gox and BFL are certainly the most well know rubbish bitcoin companies.
293  Bitcoin / Project Development / Re: crack bitcoin wallet.dat file on: November 03, 2013, 10:37:51 AM
Spamlicious.
294  Bitcoin / Bitcoin Discussion / Re: Bitcoin is killing Western Union! on: November 03, 2013, 10:33:15 AM
I still find it a bit shocking that it takes so long for WU to be replaced. It is a terrible service and only used because some people had no other choice.
295  Bitcoin / Bitcoin Discussion / Re: New site:Bitcoin address top100 on: November 03, 2013, 10:26:48 AM
if only i had 1% of that total id be mad happy Smiley

0.01%!
296  Economy / Economics / Re: There is a need for a Bitcoin Bank on: November 02, 2013, 08:57:24 PM
I would agree with the idea of a bitcoin bank.

Yes banks are evil, but for wider adoption, people don't want the responsibilities that banks take care of. Security being a big one for many.

Hopefully bitcoin will create a good about of competition in the banking sector and not be responsible for creating monsters like we have with the current banks.
297  Economy / Economics / Re: 10 reasons for bitcoin to prosper on: November 02, 2013, 10:53:28 AM
And the only reason why not to, is that it can be to risky to invest and depend on it. There are not enough ppl who will sell a house for X amount of bitcoins and risk losing a good % due to price fluctuation.

Risk is overrated.

instant conversion to fiat, no risk.

long term risk ib btc... might go up.
298  Economy / Economics / Re: UK Downgraded from LOL to LMAO on: November 02, 2013, 10:49:36 AM
swap your sterling for btc... before its too late.
299  Economy / Economics / Re: What bitcoin stock do you own? And how about the profit. on: November 02, 2013, 10:40:48 AM
As we know, there more and more bitcoin stocks are issued.

What stock do you own? And how about the profit.

I own none and have 0 profit. I'd rather just keep my Bitcoins than risk them being stolen and I'll never be able to get it back again Smiley


Amen
300  Economy / Economics / Re: What is really backing the price? on: November 02, 2013, 10:37:49 AM

[/quote]
Fiat has government regulating it
[/quote]

"Regulating"
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