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621  Bitcoin / Bitcoin Discussion / Re: BitCoin Scamming Business is Booming! on: October 18, 2014, 04:10:57 PM
Scammers are everywhere, you can't trust any person in this world, real and virtual.

True. And I'm afraid that includes you after I got the following PM out of the blue:

Hey man, i really need fast response, i need to sell my bitcoins without any verification process.

If possible instant withdraw to paypal,skrill ect.

Localbitcoins is too slow for me, please share some website that you have used and its reliable (its a lot of btc for me).

I searched all possible exchanges and i couldn't find anything without verification.

Appreciate any help.

All the best,
futureazy
Now kindly go f* yourself.

HAHAHA I got the same thing from this scammer. I didn't tell him to go fuck himself though, but now I'll tell him NOW GO KINDLY GO F% yourself!!  what the nerve he PM's me the op on this thread.

Trying to scam legendary and hero members? He doesn't pick his victims carefully. Cheesy
622  Bitcoin / Bitcoin Discussion / Re: First church to accept bitcoins on: October 18, 2014, 04:08:56 PM
So much hatred of religion here. Such screwed up idiots. If Apple were to accept bitcoin, people would celebrate. If a church accepts bitcoin, people start hating on God.

So irrational. So much hatred. So wrong. So messed up.

Higher bitcoin adoption, even if it is by churches, is good.  Smiley
623  Bitcoin / Bitcoin Discussion / Re: Has anyone coined this term yet: Bitcoin Squatting on: October 18, 2014, 04:07:25 PM
People who buy and hold bitcoins are not squatters.
They are true believers.  Cheesy
624  Bitcoin / Bitcoin Discussion / Re: New York Looks to Slap Digital Currency With Death Sentence on: October 18, 2014, 04:03:31 PM
New York is the financial capital with respect to fiat currency.
Bitcoin needs a new center.
625  Bitcoin / Bitcoin Discussion / Re: I imagined this last night in my dream. I tried to photoshop it. on: October 18, 2014, 03:59:55 PM
Bitcoin coming down from the sun?
I already saw one thread in which Satoshi was equated to Ra, the sun god.  Smiley
626  Economy / Speculation / Re: I'm happy Bitcoin is tanking because I love it on: October 18, 2014, 01:50:57 PM
$30 dollars is too much for a Bitcoin right now.

No, you simply have no idea. If it dips below $300 for even one second, the buyback will be like you never seen yet. So the market does not agree with you; it's either everybody who has alot of money is stupid and you are smart, or the other way around. Unfortunately for you.
+1
Op is retarded

Didn't Bank of America estimate FMV to be around $1300 a year ago?

I think they were talking about the maximum possible FMV.
627  Other / Politics & Society / Re: Philippine Government E-Peso Proposal on: October 18, 2014, 01:47:20 PM
We are launching this cryptocurrency so that the Republic of the Philippines can adopt a stable and robust cryptocurrency without having to start from scratch. We're ready to work with them when they decide to adopt it officially and enforce parity with the Philippine peso.

Is this cryptocurrency being released by the Philippine Government?
If not, the title thread is misleading.
628  Other / Politics & Society / Re: THOUSANDS of Chemical Weapons Discovered at Iraqi Complex Now Held By ISIS on: October 18, 2014, 01:44:33 PM
This time they're real.

And they will attack the US any day. We must defend ourselves!

If ISIS manages to control some oil fields, then the US will attack it in 'self-defence'.  Grin
629  Other / Politics & Society / Re: Ebola virus is a hoax on: October 18, 2014, 01:42:15 PM
People have died, including in the US, from Ebola.
You would need to have governments from all over the world conspiring, if this was a hoax,
630  Other / Politics & Society / Re: New film exposing CIA ties to the crack trade on: October 18, 2014, 01:38:56 PM
For organizations which operate beyond the law, anything goes.
To question them is called 'unpatriotic'.
631  Economy / Speculation / Re: These instant changes in price... on: October 18, 2014, 08:45:38 AM
Oh man where do you live?

Manipulation exist in every market, but in BTC it's damn easy for these guys to manipulate.

Look at the Alt markets and the ups and downs that happens in minutes.

The larger BTC becomes, the harder it will be to manipulate.


You shouldn't be comparing it to altcoins. You should compare it to other asset classes.
In general, price manipulation in crypto-currencies is easier.
632  Economy / Speculation / Re: The Price is crashing people!! get out while you can!! on: October 18, 2014, 08:43:44 AM
This thread was started on "June 10, 2011, 02:57:19 PM", shortly after the high of the first huge "bubble".
Those ~3.5 years went by way too fast, and I wish we could do it over again.  Smiley

This thread should be revisited in Jan 2018.  Grin
633  Economy / Speculation / Re: No correlation whatsoever with market on: October 18, 2014, 08:42:17 AM
Be serious here please. Everyone is in this game to get more fiat. The venture capitalist are investing in bitcoin business start ups to make serious money back. They aren't using this money to invest in BTC... The want more fiat. Traditional investors, retail investors, gambling investors, "speculators" are all in this game to try to make fiat. If someone is getting paid in bitcoin they make it fiat, if someone spends bitcoin they make it fiat. Exchanges exchange these coins for fiat. This entire game is revolving around fiat and becoming more centralized at every turn.

Everybody wants to increase the value of what they hold - stocks, bonds, bitcoins, real estate. Just because all these assets are denominated in fiat doesn't mean everybody wants more fiat.  Smiley
634  Economy / Economics / Re: bitcoin distribution on: October 18, 2014, 08:38:09 AM
Wealth could be not a zero-sum game if we consider the time variant, but sure it is during a single point in time: x resources for n people.
During a short time a large amount of bitcoin was distributed to satoshi and a few thousand first-world well-educated tech-saviours " visionaries"  who knows about, for the cost of some hours of a standard pc work or, rarely, a few dollars.

Now the street man (not to mention the poors) have only the option to buy btc for hard-owned fiat, and he's constantly exposed to price manipulation by the " visionary" whales.

How can I consider btc a currency and not an investment if it vary its value of 10% overnight?


BTC is not the only asset class. A street man doesn't have to buy btc. He can live without it.
635  Economy / Economics / Re: Will there ever be another crypto boom similar to BTC in my lifetime? on: October 18, 2014, 08:36:27 AM
We are now living in the time of all previous QEs' effect expiring and dying and waiting for the next huge QE from FED that will be larger than all the previous QEs combined. Tide floats all boats as they say. When that next huge QE (will it be the last one?) hits the markets, everyone will run from fiat into something that can't be printed at whim. And that huge ocean of fiat will trickle into crypto currencies too, even if it's just a tiny trickle (10-20 billion USD out of trillions of QE). Until then it should be relatively quiet times in the crypto currencies, doesn't matter which crypto we're talking about here. BTC will stay below $500-600 till the next huge QE is released. Late summer - fall of 2015 sounds about perfect time for that QE.

QE is being withdrawn now. So I guess it will be some time before the next QE is introduced. The economy seems to be in good health. The fed won't want to rock it by introducing QE.
636  Bitcoin / Bitcoin Discussion / Re: Doctors Without Borders accept the BTC to fight against Ebora on: October 18, 2014, 03:42:42 AM
Scams using noble causes. I hate that.  Angry
637  Bitcoin / Bitcoin Discussion / Re: Bitcoins are not tokens on: October 18, 2014, 03:40:32 AM
Token, coin, whatever -- I challenge anyone to show me a bitcoin.

The question has been asked before.  Grin
http://www.bloomberg.com/news/2014-09-30/what-s-a-bitcoin-look-like-popular-photograph-has-story.html
638  Bitcoin / Bitcoin Discussion / Re: Post Bitcoin mining. on: October 18, 2014, 03:37:40 AM
Dafuq , didn't even knew that there is only 21m bitcoin to be mined
If this happens one day , I don't think that the price will rise at all ... BTC will just day I would say  Cry

On the contrary, the price increases when the supply is cut off.
639  Economy / Economics / Re: why do people agree to pay taxes? on: October 18, 2014, 03:34:12 AM
If you don't want to pay taxes, you can always renounce your citizenship and move out.  Smiley

I'm not American, but I thought that Americans have to pay taxes even if they're not living there. I could be wrong though, it was something I heard once I think.

When you renounce your citizenship, you are no longer American.  Grin
640  Economy / Economics / Re: What if Nigeria suddenly demanded that all the export would be done in btc? on: October 18, 2014, 03:32:27 AM
I guess the lead could be taken by a small country. Then as international practices become established, others could follow.
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