Use this tag to save the hassle of updating the price: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbtcticker.appspot.com%2Fmtgox%2F600usd.png&t=663&c=lalWWf7ulFOcFA)
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Before you get scammed, please make sure you've done your homework on giving bitcoin loans first.
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If you've registered on bitcoin.cz and is currently mining on it, then yes, you're currently pool mining. However, my advice is to stop mining on a laptop with nVidia graphics. You're killing your laptop for a couple cents. Mine on desktops with ATI graphics card, or stay put for ASIC's.
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In most cases I would support any business venture but with bitcoin availability issues being so great almost any bitcoin based purchases are going to be slow if any at all. I did a few tests on some websites and drove a few thousand bitcoin users to them and posted in the center of the page they see a large ad for a shop that everything inside was 50% off for bitcoin users.
There was almost no traffic even with that incentive, not even curiosity of the products offered. I had another site where a video of hitler sells his bitcoins was center and the rate of hits on that were far above 20 to 1 against the shop.
It tells me that people who have finally gotten some of the coins have 0 interest in parting with them overall. The only markets that do well are the usual ones that always have a customer base and that is drugs, gambling and porn. Other than that I would like you or anyone to show me where bitcoins are being spent other than computer servers and web hosting really.
To the people who I talk to I know I keep repeating this issue but bitcoin is currently a commodity and not a currency. It is much like trying to buy lemonaid with a gold bar. You need a scale, a current price for it and then weigh it out. Same applies with bitcoin, once they go through all the trouble to get it they do not want to let it go.
It depends, but many Bitcoin exclusive sites I've seen run pretty well. See Bitcoinstore and the BeesBros for example. It boils down to the products and prices offered, as well as the overall package. Those sites that fail aren't doing well to begin with actually, and offering Bitcoin as a payment option won't magically boost sales.
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It depends on which brand of perfume you carry.
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What is the guarantee that you won't run with the pot?
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Whitelisted. Please make yourself known at the Service Announcement threads etc.
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About the first and last thing overseas people want from UK is an education degree. I say it's overrated though...you wouldn't imagine how easy it was to get in an UK university apart from Oxbridge, LSE, and Imperial.
Depends on Uni and the specific course but there's more than those three that are difficult to get in to. About top30 (depending on the course) may be difficult to get into. For example in 2011 the acceptance rate for CompSci & Math related courses was 15% for Nottingham Uni (which scores around 20 in UK) and 21% for Cambridge Uni. Well, based on my experience as a foreigner graduating from a college where students do their A-Levels and apply to UK en masse, the only requirement needed is the A-Level results. 3-4 A's including 1-2 A*'s will ensure your entrance to all universities in UK barring what I listed above. They don't really care about what you write in your personal statement, nor give a damn about your other abilities. Heck, even 1-2 B's coupled with other A's get you in pretty much easily. Compare this with the hassle and headache of applying to US universities, and you'll see the stark difference.
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Use some easier service like bitinstant where they credit your bitcoin address directly on your payment.
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Great to see this. I'll start moderating this subforum aggressively too - trolls watch out.
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Nice FAQ, thank you. I've whitelisted you to post at the main forums. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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You're welcome. He'll sort you out fairly quickly - he's a nice guy.
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Just recived a 40 bitcoin loan sucked in fuckers I aint going pay it back but I will spend it on meth at silkroad
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Just recived a 40 bitcoin loan sucked in fuckers I aint going pay it back but I will spend it on meth at silkroad
Quoted for the lolz.
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*summoning Tomatocage* My, it's a busy month for poor tomato. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Hi,
Some questions:
Is it possible to lose money with this? Can the bonds default? Is there any guarantee?
On the page you provided I saw a big red line with a 4000% loss... what's that about? Shouldn't that have wiped everyone out?
Let's say I wanted to participate and I asked for 5% monthly interest. If everyone else asked for 10%, do I get the 10% rate or do you pay out each person what they asked for?
Could I be guaranteed a position by just asking for 0% and then take the market rate (whatever the auction comes out to)?
If my funds are not accepted in the auction, when are they sent back to me? What are the timeframes like?
Do I need to be an MPEx member to participate (i.e. the 30 BTC fee)?
I asked some similar questions, and I might be able to help with a few of those: "Let's say I wanted to participate and I asked for 5% monthly interest. If everyone else asked for 10%, do I get the 10% rate or do you pay out each person what they asked for?" -- You'd get the 10% "Could I be guaranteed a position by just asking for 0% and then take the market rate (whatever the auction comes out to)?" -- Yes. For a smallish bond, this seems to me to be a smart strategy (since your bond won't likely be the one to determine the final rate anyway) "If my funds are not accepted in the auction, when are they sent back to me? What are the timeframes like?" -- They remain with MPEx."Do I need to be an MPEx member to participate (i.e. the 30 BTC fee)?" -- No. Disclaimer: These answers are simply my interpretation of the process.Thanks for the clarification. I'm still confused by the bolded part though....Does this mean you're not getting your funds back? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Yes, it's probably a scam.
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