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61  Economy / Economics / Re: What is wrong with BTC today? on: December 17, 2013, 10:39:59 AM
Wow,
Do you guys expect that it will climb back up again within a few days? I'm a bit scared with my precious BTC in that wallet. Let's all pray that the US government doesn't shut down BTC, if they do, we're f*cked... But hey, at least they can trade them. They should all probably send them to their american friends to deposit the money and send it back. If I lived in china and had thousands of BTC I would probably do that...

Let's hope the US Government doesn't find the switch that shuts the bitcoin network down..
62  Economy / Services / Re: RENT house in Denmark!!! on: December 14, 2013, 01:52:25 AM
@ Gox price, meeh
63  Economy / Speculation / Re: when will bitcoin's market cap surpass gold's? on: December 14, 2013, 12:36:44 AM

it's bound to happen. who the fuck cares about a shiny yellow metal anymore. not us geeks Wink


Arabs and cable companies of course, they basically drive the mark Cheesy
64  Economy / Speculation / Re: how much of your life savings is invested in BTC? on: December 14, 2013, 12:33:27 AM
I'm glad bitcon put up this poll, i'm actually amazed by the number of people invested above 50%

and 25% @ 90% savings Shocked lots of people here with Titanium Cahunas  Grin

Didn't start at 90% tho, most of us just got there Tongue
65  Bitcoin / Bitcoin Discussion / Re: Fidelity Now Allowing Bitcoins In IRAs on: December 14, 2013, 12:15:42 AM
http://www.zerohedge.com/news/2013-12-12/fidelity-bans-ira-bitcoin-investments-days-after-permitting-them

I think the only person who got to buy through Fidelity was Chamath Palihapitiya ..

https://twitter.com/chamath/status/408748156642271232
66  Bitcoin / Bitcoin Discussion / Re: What's your rank? on: December 13, 2013, 11:51:17 PM
over 9000  Embarrassed Embarrassed Embarrassed
67  Bitcoin / Bitcoin Discussion / Re: Nicolas Cary CEO Blockchain.info [video interview] on: December 13, 2013, 10:30:10 PM
How does blockchain.info make money? All their services seem to be free

Satoshi Dice referral links Tongue

They might create upsells later down the road similar to Wordpress..
68  Economy / Currency exchange / Re: FastBTC.net - The fastest way to buy BTC on: December 12, 2013, 11:35:42 PM
How do you calculate a price a price $85 above bitstamp?
69  Bitcoin / Bitcoin Discussion / Re: Lambo for BTC, what dealership is this?? on: December 12, 2013, 06:11:39 PM
It was a tesla that's been sold not a lambo. Lamborghini just sounds better for the title.  Tongue

Both Teslas and Lambos have been bought with BTC

70  Economy / Speculation / Re: Taking a loan to buy bitcoin on: December 07, 2013, 01:29:27 PM

Bitcoin is much easier to manipulate than gold. Media and press can easily inspire confidence or fear in the coin to manipulate prices.


 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
71  Economy / Speculation / Re: Bitcoin at $600 and going down down on: December 07, 2013, 01:25:47 PM
It will go below zero and just holding would put you in debt
72  Economy / Speculation / Re: How low will bitcoin be before 2013 ends on: December 07, 2013, 01:24:06 PM
So if it crashs to say $1, and there is a site selling a lambugini for 81 BTC
Surely i wont be able todo this?Huh

If you buy things with bitcoin, you would realize it's measured in US dollars at checkout..
73  Bitcoin / Bitcoin Discussion / Re: When terrorist attacks are carried out using Bitcoin will there be a backlash? on: December 04, 2013, 04:56:55 PM
Do we really care about funding??

http://www.theguardian.com/global/2009/dec/13/drug-money-banks-saved-un-cfief-claims
http://www.alternet.org/economy/whats-wrong-wells-fargo
http://www.inclusionexclusion.eu/site/wp-content/uploads/2010/03/Paper-Joras-Ferwerda.pdf
74  Bitcoin / Bitcoin Discussion / Re: Need to switch to mBTC soon on: December 04, 2013, 04:46:40 PM
It is happening!

Bitcoinity

And you can measure in mBTC on Blockchain
75  Economy / Economics / Re: What are the economies driving the growth of Bitcoin? on: December 04, 2013, 02:51:09 PM

Who wouldn't want a great bank like JPM protecting them, and paying them interest to boot? No need to cash your bitcoin if you can pay your bills with dollars drawn off of them. No shortage of dollars ever either.
 

Wow. Great bank like JPM?
Even the simplest man knows banks charge you interest cause they are allowed to gamble with your deposits.
Would you let JPM control your private keys? That implies a lot of faith in the financial system and if you do so, I wish you the best of luck
76  Bitcoin / Bitcoin Discussion / Re: Big banks fear Bitcoin because Bitcoin means business on: December 04, 2013, 02:32:03 PM
FUD about the dutch banks

77  Bitcoin / Bitcoin Discussion / Re: Paper wallets from Mac on: December 04, 2013, 08:38:39 AM
With BitAddress, I can see you kinda have to choose, I would rather keep my private key unencrypted (offline that is) than have it generated by RNG and encrypted.. (I hear great things from great people about the Armory wallet used on an offline computer, perhaps that is worth looking into)

Also, why TrueCrypt? Isn't Gpg more suited for this?
78  Other / Beginners & Help / Re: $1000 per Bitcoin - Just a bubble on: December 04, 2013, 07:59:30 AM
that's a lot you wrote, but yeah.. we past the $whohillion market capitalization rate a long time ago. we recently passed $10 billion.

Can you show me where you got the information that we passed 10 billion? Half of the possible Bitcoins have been mined recently which is about 10 million. 10 million x 1000 per Bitcoin is only 1 billion. Therefore, we are nowhere near 10 billion.  
www.coinmarketcap.com
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79  Bitcoin / Bitcoin Discussion / Re: Paper wallets from Mac on: December 03, 2013, 07:56:35 PM
Bitaddress.org could easily be compromised. 

Ask yourself:

How do you know the random number generator is truly random?


Don't rely on RNG, use brain wallet option to generate a keypair
80  Economy / Economics / Re: Is 5 BTC enough to save for 2 or 3 years? on: December 02, 2013, 11:15:07 PM
Enough for your own private island and a nuclear powered yacht to commute to it?  Probably not.

Enough to retire on a nice horse ranch and drive BMWs?  yeah

So the question is 10BTC would be enough to retire in 3 years and buy a nice house a nice ferrari and enjoy life? I mean in order to do that 1 BTC has to cost in 3 years at least 1 million dollars so you have 10 million dollars, you buy a 2 million dollars house, a 350K ferrari, and the rest of the money to live the rest of your life.

So 10BTC would be enough?Huh Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked

If one coin would be worth 1 million USD in three years, then 10 BTC will definitely be enough. Smiley
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