I finally convinced an Austrian friend to dump some of his silver and buy bitcoin with it. He found out that EuroPacific capital charges 3% to cash out of his silver position. Yes, that's right. Peter Schiff's company charges THREE PERCENT to get out of a position. Of course he is never going to promote bitcoin when he can rape people that hard by plugging metals.
Why dump silver now, its only going up. It has to. Bad advice, especially with that 3% haircut. I'd try my best to find other assets to unload. |
|
|
|
Personally I feel more like dollar and euro in their current form are doomed to fail.
Bitcoin is still very risky though, but I wouldn't sell all of them ^^
Neither the dollar nor the euro are going anywhere. They may/will fluctuate in value, but they're certainly not going anywhere. Notably unlike Bitcoin, they actually have something backing their value: Giant armies that will ensure that any land within their jurisdiction has its property taxes paid in fiat, and the ability to insist on paying all their government's expenses (which are huge, obviously) in fiat currency. Armies? Sooo 1940's. Bitcoin user not affected. |
|
|
|
|
See ya, and thanks for the cheap coins.
|
|
|
|
|
Grue, a person can choose to ignore moral guidelines, just like one can choose to ignore mathematical truths. The end result in both cases is regrettable yet avoidable, but doesn't nullify mathematics or universal morality.
Whether a person believes in specific moralities or not is irrelevant, since God does exist & from whom all morality is derived. Morality is proof of God's existence. We didn't invent moral laws, as even a very young child understands that it has been wronged if another child takes its toy. Its also not something nature designed/evolved/selected, as nature has no way to join the biological with the metaphysical. Only God could pull that off.
|
|
|
|
|
Nobody uses money. What is that shit good for anyway.
|
|
|
|
Once all bitcoins and litecoins are mined their value will be proportional to the quantity of coins minted.
No. Nope. |
|
|
|
Very Very negative. The community will lose a great number of users if no one steps into fill the gap. BitCoin is all about Anarchy, Freedom and anonymity. I can't believe people in the Bitcoin community are saying this is a positive thing. I think Obama libtards have finally infiltrated the community. Sad sad day this is  Freedom is the opposite of anarchy. Freedom means everything is permitted. But not everything is beneficial. Freedom is the right and the opportunity to make correct choices. Anarchy is the absence of any cohesive principle, such as a common standard or purpose. Drug abusers come to mind instantly. |
|
|
|
|
Credit card payments aren't fully verified either, and yet all merchants accept them. Part of the cost of each credit card transaction pays for the fraudulent transactions that happen on a daily basis.
Furthermore, no one will attempt a double-spend for a $5 drink. Its very expensive to do, so it would only happen for larger amounts.
|
|
|
|
There's really nothing but astronomical odds against it stopping another computer from doing it.
Those astronomical odds are the best protection achievable in this physical realm. |
|
|
|
It's up to you and just consider all the facts and make your own decisions and reap the rewards when they most likely come.
Nice sermon.  |
|
|
|
|
DUH. Of course they're not going to end QE, they're not suicidal just yet.
|
|
|
|
|
I didn't hear back after he sent me the codes either. Not even to confirm that he had received my btc payment.
|
|
|
|
|
B(asic)Miner, have you considered the possibility that maybe Jan Snoot (or whatever) really WAS just a crackpot? An ambitious crackpot, but a crackpot nonetheless?
|
|
|
|
|
+1 good feedback for howzar. He sent codes first. I confirm good codes in my amazon account and sent funds.
|
|
|
|
|
I'll take $50 worth for 90%.
|
|
|
|
Yes, they are. And they all existed before bitcoin was born.
If cryptography is not the key protection of the currencies I mentioned, tell me what does.
Maria.
A Paypal dollar is a promise to pay a promise to pay. |
|
|
|
Unfortunately, the answer to your question, Stephen, is probably yes. I think the government will let Bitcoin be only when all the potential use cases for money laundering have been covered, which may mean an incredibly invasive level of control of each public key and even wallet.
Good luck with that. Sure I'll give them my public key....after I generate 10,000 new ones in a second, and never use the registered one again. |
|
|
|
|
Show Posts
