The Doors of perception , choose one and walk on through to the otherside.  |
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You know that it would be untrue
You know that I would be a liar
If I was to say to you - we couldn't get much higher
The time to hesitate is through
No time to wallow in the mire
Try now we can only lose
Try to set the night on fire
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no no.
I am not leaving you, just keeping my precious fiat for now.
Smart choice. If the future is uncertain, then always choose the safe way. It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks. Well, I woke up this morning, and I got myself a beer The future's uncertain, and the end is always near Let it roll, baby, roll So what is the most safe way? Bitcoin, or dollar demand deposits? Of our elaborate plans, the end Of everything that stands, the end No safety or surprise, the end |
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no no.
I am not leaving you, just keeping my precious fiat for now.
Smart choice. If the future is uncertain, then always choose the safe way. It's always better not to win money, then to lose money. Bagholders get emotionally to attached to the fairy tales of easy riches, and that makes them too acceptable to risk. Success in speculative trading is in small but constant winnings, not about big blind risks. Well, I woke up this morning, and I got myself a beer The future's uncertain, and the end is always near Let it roll, baby, roll |
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Jah just noticed the big red dildo on ok coin 30 min ... fml
I am looking forward to green ones
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he'll fit right in!
I think he is already here...  |
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Peter schiff(ty) He made his name in 05-07 and the 08 housing bust.. and has been going out to lunch on it ever since... he is like a broken broken watch, I do not think he has called jack shit right since, according to him Japan should be in flames already (not saying it is not going to happen eventually) and gold should be $5000 already. Also, he used to be amiable, but the past few years he has become quite an unpleasant character and frequently uses straw man arguments to make his point whilst having child like tantrums. probably does have a position... The whole point of his communication:
http://youtu.be/lMfoFlJhcck?t=1h26m15s |
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no more Mr nice guy
you will drop your bags or i will.
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Best answer till now, except, you don't need c). You won a horse, which is physically sent through SWIFT, to be expected two weeks from now. Sorry, this thread needs fillers in slow times.  May I have a unicorn instead please sent via angel fart? Or a horses head in my bed when I wake up? Either will be better than SWIFT.... the irony is in the name really. |
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I am available for weddings and Bar mitzvahs
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If my understanding is correct, most bitcoin bulls are on shrooms?
It helps read the charts. |
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Choke your goose!!Ya bunch of goose chokers (edit: love you all)
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We are Never gonna see $399 again, EVER.
CUT YOUR GOOSE!!!!!!!!!
I have bad noose for you, Stamp dipped below 399 just now.   I was considering cutting my moose yesterday, but in the end I just settled for choking my goose instead. (edit - by moose I mean wrists and by goose I mean what is dangling inbetween my legs... I have always thought of it more of an eagle, but goose will do... cocks are such scrawny birds) (edit - foie gras anyone?) |
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If I want to pay someone in Indonesia the equivalent of 100 USD, this needs to happen:
a) sell a suitable amount of bitcoin on the local bourse
b) redraw the local fiat to my local bank
c) order a wire transfer in my local bank
d) the local bank needs to order that in one of my country's internationally connected banks.
e) the sum is converted to dollars
f) that bank must order a wire from its account in an international bank like deutche bank
g) the wire arrives in an internationally connected bank's foreign bank account
h) the sum is converted to rupiah
i) the sum is moved from the local banks account in the big Indonesian bank
j) the sum is moved to the customers account
k) the customer must send the fiat to his local exchange
l) the customer must sell his fiat on the exchange
m) the customer must retrieve his bitcoins
So may smart people here, could this procedure be streamlined?
Could you not a) Invite person in Indonesia to set up a BTC wallet, and an account with BTC exchange b) Send them $100 worth of BTC c) Person either holds or sells BTC or a) Invite person to set up a BTC wallet b) Send $100 worth of BTC c) Person sells BTC to a local otc exchange of course these both have the risk of price fluctuation risks for the time that the receiver holds the coins and any exchange fees, but both do allow you to transfer equivalent of $100 USD. (In your scenario, you start off owning Bitcoins and end up with the customer buying bitcoins , so therefore to get the same result as your scenario, why go through the bank at all?, just two steps needed to do the same thing, just a) Get customers BTC address, and b) send BTC- which really is just one step i.e a) send BTC to customers address) |
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The atmosphere is collapsing !! sorry wrong thread, wrong house even..
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