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461  Other / Beginners & Help / Re: Where can I buy btc on: October 28, 2014, 12:18:19 PM
I want something cheap, without fees Tongue

the only way, I can think of would be a friend you know in person, whos also in bitcoin as well.

Agree.
With the potential chargeback, it is very hard to buy bitcoin with paypal without considerable fees.
Seems a huge hassle to me, also pretty sure there will be hefty commissions to pay somewhere through that process. To buy with no extra fees and anonymous, use local bitcoins. You can buy with cash in person or just a cash deposit.
462  Economy / Economics / Re: Short Video: THAT FILM ABOUT MONEY | James Schamus on: October 27, 2014, 09:39:53 PM
This idea actually does have some credence. It builds hype, gets old players back in, free advertising, and excuses to delay heists and DLC. R* are a business i do know so it makes sense Wink
463  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares X inflating due to bugs and hacks on: October 27, 2014, 09:07:21 PM
If BitShares X is able to do what it says, will have a system that is more decentralized but with enough trust (knowing who will produce next block) that they can handle MasterCard/Visa volumes and process them incredibly rapidly. But basically it is an absolute shitcoin, more like the - 'could change everything coin' so I guess actually you could call it BUGGED 'shit' coin
464  Economy / Economics / Re: Alibaba IPO To Blame For Bitcoin Crash on: October 27, 2014, 08:56:13 PM
What is Alibaba? It is a  PURE Chinese stock, fully controlled by Chinese Government Authority that is also well-known for banning Bitcoin, with unsure rulings any time. So the stock is partially controlled by the government, not fully by the markets, especially Alibaba's backup (Jiang-family江系) is subject to sanction by the current President (Xi DaDa). The conclusion: Do NOT hold this stock for long time.
465  Economy / Economics / Re: Peter Schiff on Bitcoin on: October 27, 2014, 08:43:31 PM
Bitcoin's price development since 2009-1-3 (the inception) correlates 0.935 with an exponential trendline.

If I had a medium sized investment portfolio (I do), I would allocate as follows:

Bitcoin 45%
Monero 5%
Real Estate 20%
Small Business & Projects 10%
Cash, financial instruments 10%
Gold 5%
Silver 5%.

If you don't want to invest 50% in crypto, just invest 5-10% and it will become 50% spontaneously in 1 year, should the trend continue.

I think that your PM holdings are too small. With the coming unraveling of fiat and the collapse of derivatives, precious metals to the moon. And only what is in your hand do you really own!

Of course with this collapse it will trigger widespread death and destruction as war engulfs the planet.

Do you have a hardened shelter beneath your castle? How many BTC or ounces of gold will a room cost? Wink
LOL!
45% btc is way too much IMHO.  No NXT?  You need more financials, i.e. foreign stocks.
And did I miss something?  What's Monero?  I googled it, but don't feel like sorting through the BS.  Can someone sum it up for me?

Lol NXT?

You mean that IPO bullshit scam coin?

Yes more people need to have that hahaha
One thing that turns people of from nxt is distribution. i don't blame them. there are 73 people who holds most of the currency.But calling it an outright scam seems unfair.
466  Economy / Economics / Re: Global Financial Crisis scenarios on: October 27, 2014, 08:18:45 PM
It's disappointing to read that what we need to learn in economics is the interaction of finance and economics. I feel like any history professor can give us those answers. We knew those answers 50 years ago when their affects were regulated somehow.Now economics needs to understand the impact of income inequality. That is what makes a financial crisis into a great depression or a great recession.
467  Economy / Trading Discussion / Re: Is bitcoins are selling fast on market places at normal price ? on: October 27, 2014, 08:02:59 PM
I am just trying to know if I can sell the bitcoin fast when I use the regular price of the market where I sold it...
If you want to sell for the CONVENTIONAL price i.e for the bid price of one's order and a buy order is bigger than the amount you are trying to sell, the transaction will be processed immediately. If you are selling more than the highest bid, the rest of coins will be automatically placed on the ask side.
468  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN] Bytecoin. Secure, private, untraceable since 2012 on: October 27, 2014, 07:44:01 PM
It seems like the current BCN core dev team are doing very well and don't need much urge, but what are those enigmatic upcoming updates?
469  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternative Block Chains : be safe! on: October 27, 2014, 07:31:18 PM
most people forget that "fork" doesn't mean "permanently branched away from" - for example, if enough people decide that SolidCoin is better because of the more frequent retargets, that's a change that can be rolled into the official client at some point. Forking the block chain is permanent, forking the project to experiment with new features isn't
470  Alternate cryptocurrencies / Altcoin Discussion / Re: XBC is back and why it matters(for music enthusiasts please read) on: October 27, 2014, 07:13:46 PM
Do you keep reminding us about this ludicrous dead horse coin because of much lulZ or you reckon people's continuing support for this clownery? XBC dead for minimum half of a year....
471  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ethererum is dead in the water. on: October 27, 2014, 12:57:28 PM
They all die. Btc is the internet. Nobody givez a poo bunches of lan


I agree Bitcoin is our base but I think we need 'systems' to trade in a decentralised way and to hold other assets including currencies, precious metals, stocks etc.


Only a fool wouldn't admit some improvements need to be made to Bitcoin, for one it's not even private, who wants everyone to see all their bank transfers?

but it's better to improve bitcoin itself, instead of making a new coin doing it, just add the damn thing to bitcoin, it is certainly possible

Bitcoin is like a huge tanker which will not change easily. There is a real risk of it Bitcoin to become obsolete if it continues to have a snobbish attitude.
What is possible is that regulators will relax or abandon the AML/KYC requirements -- and thus the ability for Bitcoin to be used anonymously gets sufficient competition from some altcoin secretly created by government, which would be able to compete as being less-expensive to operate as well as being a brand with corporate backing sufficient to cause growth from paid promotion.
472  Economy / Economics / Re: why do people agree to pay taxes? on: October 26, 2014, 07:16:41 PM
Besides the people who don't report an income like eBay sellers or some making a lot of money on odd jobs everyone who pays taxes so far, possibly is afraid of the word called "audit."
473  Alternate cryptocurrencies / Altcoin Discussion / Re: CND CannabisDarkcoin on BlockNET? $UTIL, $FIBRE, $SWIFT, $LXC, $APEX, $XST, $SSD on: October 26, 2014, 06:52:22 PM
Why did you mention CDN? Actually cannabisdarkcoin is not currently a participant of XBridge protocol.
474  Alternate cryptocurrencies / Altcoin Discussion / Re: Petition for btc-e to add MEGACOIN [MΣC] on: October 26, 2014, 06:44:41 PM
Last year people believed megacoin is one of the strongest contenders for an every day usage currency. Now, trading dead horse like this is just a waste of time.
475  Economy / Speculation / Re: Analysis never ends on: October 26, 2014, 06:25:11 PM
As savers, investors or speculators, ALL we need to know is shown on http://www.oanda.com/currency/converter/

Select BTC vs. USD or BTC vs. XAU (gold), and you get the chart plots.  If you go to the Historical Rates tab, you can create custom charts.

The point is, "There's money in them there Bitcoin hills!"  In fact, BTC kicked Gold's ass.  Big Time!!!*  Which is why I'm re-balancing my portfolio to start buying BTC (after next Dip).
476  Economy / Economics / Re: "Apple Pay" on: October 26, 2014, 06:17:36 PM
The smaller their slice of the pie is, the less likely that retailers are going to be interested in accommodating applepay.

They doesn't even hold the majority of the smartphone market, so not "almost everyone" will have the AP functionality. It doesn't seem to be a treat for either cryptocurrency or paypal especially considering paypal has been around for a long time. I, for one, don't care to swap to Apple just to get this feature.
477  Economy / Trading Discussion / Re: How many bitcoin is considered a bulk amount? on: October 26, 2014, 06:06:43 PM
I wonder how weird should a person possibly be to sell bitcoins in bulks below market price, the only reason I can think of for why someone would do this is to avoid taxes, but the discount he's selling for is usually more than the a few percents in taxes you would pay if he just takes them to a place like coinbase.
478  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: October 26, 2014, 05:54:22 PM
Hello, anyone here aware, do they notify you by email when the payout is complete or do they just send it to your wallet?
479  Other / Politics & Society / Re: The USA gave Vladimir Putin Cancer ??? on: October 26, 2014, 05:46:45 PM
IF he does indeed have pancreatic cancer he should start using Pao Pereira inner bark extract, which contains Flavopereirine, an alkaloid discovered by Dr. Mirko Beljanski. There are many published research papers and patents on this and the efficiency of this product on different cancers, and there are thousands of people with their cancers in remission who will swear by this extract and other Beljanski products. Unfortunately, the treatment is suppressed, as in nobody can claim that these products actually work against cancer.
480  Economy / Service Discussion / Re: NodeJS code for LakeBTC API on: October 26, 2014, 05:34:54 PM
Does anyone plan to make a BIG announcement, or just gradually build in functionality and acquire users while slowly transitioning from a soft launch to full operations?
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