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I bought my dad's Christmas present with bitcoins on Amazon through purse.io
Slingbox on Amazon: $133
Price paid with Bitcoin: $104
Not needing to bother with fiat: Priceless.
There are some things money can buy. But if you want to buy it cheaper there's Bitcoin.
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Sell at the bottom like everyone else.
or may be the bottom today turns out to be the new high tomorrow and all year high of 2015? Welcome to Bitcoin! You might want to read the white paper: https://bitcoin.org/bitcoin.pdf |
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Sell at the bottom like everyone else.
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Ya, unless you took a screen capture or video of your account right before they shut down then it's pretty difficult to prove what you had at that moment.
In theory they have the accounts so they should know how much they owe. But making people jump through hoops works in their favor.
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It won't fail as long as I am still alive. So...another 1 or 2 hundred years at least.
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There are a lot of newbies on here today telling me that Bitcoin is doomed. Should I sell all of my bitcoins and buy fiat or buy ripples?
Which newbies to trust?
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How to destroy Ripple in 3 easy steps.
Go to the house of the 3 guys that own over 70% of all ripples.
Confiscate.
Dump all onto the exchanges.
Or...Ripple people can trust that those 3 guys will play nice with control over 70% of their currency.
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At least the price has been moving. It was getting boring.
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I can vouge for OP's ex-gf going down speed matching that of the bitcoin price.
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It's a cold war propaganda piece. Russia Times promotes Bitcoins outside of Russia, most likely in the hopes that it catches on and hurts the dollar/euro.
CNBC tries to get Russians to switch to Bitcoins most likely in the hopes that it hurts the ruble.
Where is Yakov Smirnov when you need him?
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There is also the risk of having your bitcoins on a third party client.
The 1-2% yearly rate of return you would receive is not worth, in my opinion, not holding your own private key. Though BitFinex has been around for a while they could still disappear tomorrow and you'd be screwed.
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Hey guys,
just started of thinking that I could lend some Bitcoins.
Now I got a question, if I example would offer a swap to that guy here:
Days Rate Amount
10 0.012% 7.45
Is it right that I would only get 7.45*0.00012=0.0009 BTC per day, so in 10 days 0.009 so not even 0.01 BTC for lending 7.45 BTC??
That would be 3$ for lending about 2400$?!
Yes, the lending rates on BitFinex for lending bitcoins are very low. But it is one of the few places you can securely lend bitcoins and get a return. Lending fiat yields more but you run into the problem where you could have used that fiat to buy Bitcoin and received a much higher return. |
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ripple has gone parabolic. because magic.
Even Doge was a better flavor of the month week. At least Doge was decentralized. Even though it has a cap of several trillion doges. |
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Ripple sounds like such a shitty currency that it makes me want to go on their forums and spend all day telling them how much I think they are wrong for using it.
Then again, that would be such a waste of my life and I would have to be the biggest loser in the world to go on the forum of a currency I do not like and post on and on about how people should not be using that currency.
That would be about the stupidest thing someone could do. Such a waste of life. How much of a loser would you have to be to do something like that.
No, I will leave the Ripple users to their lives. If they like it, it's all them.
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP. because magic. Nah, the protocol started with 100Billion from the start. Maybe people were refused on how much was allocated at the beginning. Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion. That makes Brenton Woods sound like a tea party. Here's your new currency. We own it all but if you do our bidding we will grace you with a few. |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. Correct but its math based and the 100 billion created at start is all that will be made. Also, XRP's are destroyed with every transaction so people think of that as its own way of mining... 100 Billion!!!?!??? All pre-mined and only 100 needed per bank???  |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? It's not even mined. It made out of thin air like fiat. This does not sound good...but they have a cap right? Is it like Bitcoin with 21 million or like Litecoin with a huge 42 million? |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
100% Ahh nice, so 100% was not pre-mined? |
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Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.
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