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bitcoin really wants to hit that $1,000 mark again.. crashes say something about its volatility sure, but the way it just keeps coming back is also a sign that people really do believe in it.
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It looks like there is no definitive answer to this, then?
I personally don't think it is fraud. Nobody is being forced in to participating. And I believe if a disclaimer is put down, warning people of the risks involved, then it definitely can't be listed as fraud at this point. Right?
Let's say the announced it was fraud, would the organizer(s) committing this fraud just receive a cease immediately notice or worse?
maybe fraud is not the correct term, but it's definitely unethical as it is artificially manipulating the game in order to benefit a group over the rest of the population. that is just cheating. |
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i'm thinking the OP missed the gravy train and wants to make up for it now.
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I think best is still bitstamp
Well.... BTC-e is cheap and has been reliable so far. Probably go with BTC-e too. They don't always have the greatest of rates but getting money into and out of the exchange has always been speedy and hassle-free (EUR, BTC, FTC and LTC deposits/withdraws so far). They support a lot of external providers and the btc-e e-code things seem to be accepted by places. What do you mean cheap? They should be roughly the same price, otherwise you can buy on btc-e and sell on bitstamp. BTC-e is basically almost $100 to $200 and sometimes even more cheaper. Only in the USD/coin ratio though. If you are doing coin/coin, then the ratio is about the same as if BTC was valued at $1000. The reason for the very cheap $$ prices is because it is nearly impossible to deposit any money there, so people are comfortable selling it for a cheap price. So they can get some cheap $$, and use that small amount of $$ already deposited to perhaps profit in the future. So your saying that I can still buy BTC for $200? he probably means cheaper than other exchanges. it's quite amazing how the rates are so close now.. $850-$870 between btc-e, mtgox, and bitstamp. |
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Exactly what is going to happen to make 10's of millions of dollars suddenly run away from bitcoin? Which is what would have to happen to see the price slide. Other than wishful thinking, I can't wrap my mind around what you bears think is going to destroy bitcoin. Can any of you read an order book? After the April crash, the order book collapsed. It is building like crazy right now.
well for starters.. governments could start shutting down or regulating exchanges. that or government might announce that it will pursue tax evaders who hold bitcoin. i'm not bearish, i'm "idontknowish." And we might have another Carrington event, etc. Of course there will eventually be a push to find tax evaders using bitcoin, but the best way to get caught would be to sell on an exchange . . . Regulating exchanges? Having to abide by KYC? That would certainly kill bitcoin.  I was talking about the next few weeks anyway. Sure there could be bad news, but in my opinion the odds are greater that we have good news than bad. well then we are not in disagreement. i thought that the bottom was going to be around $600 and was right for once. only problem is that i didn't have any fiat to buy BTC. then again, if there were another group in addition to the baidu one, that were to purposefully throw some bad news out there.. there could have possibly massive panic and fear. |
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The problem is you have to trust the company that issues them.
this is what i'm thinking as well. if they preloaded your wallet, that means they'd have access to your private key or seed. plus it's not really that hard to set up an account on blockchain.info. it's about as easy as logging into your account and checking your balance, so it wouldn't make much of a difference. |
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if western union got into the BTC business, i'm not so sure i'd use their service. or at least i'd go out of my way from having to use them.
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If satoshi really has 1 billion $ in bitcoin, we will soon find out who he is...
not really. he hasn't touched his coins, and will likely never cash it out for himself.. unless he has some elaborate scheme to evade the millions of eyes looking at his wallet. |
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have posters link your website in their signature. that's how come people do it here. for example, look at my sig  |
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just look for whatever alt coin that trades at the highest. if you are asking which one has the best value considering the price, no one really knows.
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Exactly what is going to happen to make 10's of millions of dollars suddenly run away from bitcoin? Which is what would have to happen to see the price slide. Other than wishful thinking, I can't wrap my mind around what you bears think is going to destroy bitcoin. Can any of you read an order book? After the April crash, the order book collapsed. It is building like crazy right now.
well for starters.. governments could start shutting down or regulating exchanges. that or government might announce that it will pursue tax evaders who hold bitcoin. i'm not bearish, i'm "idontknowish." |
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 What about this: A triple double top, in the same shape that's been printing on a smaller time scale over and over again. that looks like a volcano. does that mean BTC is about to explode? |
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cool, it's hard to keep your pants on when yo9u know you could possibly losing that much money.
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i was actually right-ish about our bottom for a change.. although it was a wild guess as to the resistance, $600 indeed was the bottom. too bad i didn't have cash to back up my words though. all the people fear-mongering with "it's gonna hit $100 by end of year" are starting to look really silly now.
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what a roller coaster ride.. we are rebounding like a basketball |
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the problem is that in order for her to understand how bitcoin works, she needs to understand everything other than BTC works, especially fiat.
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maybe they don't have enough people in the pool for the estimations to be good enough.
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bitcoin is nascent.. there are no laws for this. even a big industry like gold/silver/ can't really protect holders from pumping and dumping, so that won't change for bitcoin either. the fact that CNBC still exists and george soros is getting rich by the day.. are proof of this.
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Recently some large deposits of shale gas have been discovered in my country.
Of course , it has sparked controversy if we should start exploit because of the risks they may pose.
I would like to ask you , since we have members from other countries here:
1) Do you agree with shale gas exploration in general?
2) Would still agree withit if those drilling will be done close to the community where you leave?
...
I live in an area with extensive fracking (south texas) and really am not seeing any environmental abuses or questionable practices. There's been a lot of fear mongering and misinformation. Hell, we have solar power and windmill fields and fracking all jumbled up together in the field.... anecdotal information does not apply to the rest of the population though. i don't know enough about the impact of fracking, but it sure seems like quite a few towns really hate it. |
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