Nice. Thanks. Also, LIE. LIE like a MF. You do not have to be truthful on the internet. Junk up the databases with useless lies. Is your phone in your name? Why? I have not had a phone in my real name in forever. Use a variety of fictitious identities for your phone. Talk to your drug dealer, he/she will know how to do this. Stop using spyware like windows or apple. You don't want that crap anyway. Try Linux and you will never go back to an untrustworthy proprietary OS. Last and most importantly. Complain to your representatives. Politicians only care about money and votes. Call them out in public! If we are vocal enough we can take back some of our freedoms. You see, not everyone is in contact with their local drug dealer. It's not even true that they would know anything. I could not resist some wise-assery in my remarks.  |
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That is fishy. What business would ask you how much money you have?  The business of gathering names/adresses of gullible idiots. It helps determining if a fullblown scam attempt on the target is worthwhile. Oh, ok. as long as there is a reason. Richard Easymark 1832 Phishing way Madison, WI 63521  |
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That is fishy. What business would ask you how much money you have? |
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As far as investing... That is tricky. "Investing" in BTC is extremely risky and you should be prepared to loose everything. Bitcoin is not designed as an investment, it is a payment system and I would recommend thinking of it that way. But if you want to do it anyway for fun or whatever. Then start with 1 bitcoin and try selling it high, then buying it back low. Make a game of it! Not to pick a fight with RodeoX, but I would completely disagree with that assertion. Yes bitcoin is used as a payment system, but like all currencies, whether fiat or virtual, they have some nominal value beyond their use as a form of payment, which fluctuates over time in relation to the other currencies. If you can trade currencies, and exploit fluctuations to your advantage, then it is a perfectly reasonable investment vehicle, just as if you were trading USD-GBP, EUR-JPY, or leathermugs-tin hats. Yes it has risks, as all investments do, and you certainly don't want to over-extend yourself or lose more than you can deal with. But you can always manage risk as well, for instance when trading you can put in a stop-loss order, so that you only risk X percent. I think that bitcoin today is on par with some of the riskier fiat currencies, so I say educate yourself, then go for it. No worries brother. I will stick to my assertion based on the word "designed", but I think you are right about investments. A cool thing about btc is that it can do anything money can do and more. Using it as an investment vehicle is perfectly reasonable. Just be careful. Bitcoin is a hyper liquid experimental market that swings wildly. And unlike a big bank, if you loose your money the government won't come in and reward you with my tax dollars. hehe |
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more revolutionary idea:
take the 3600 coins made per day.. take the total miners by day. to give you a average income per person per day.
treat this as minimum wage a days labour.
EG (simplified) lets say there is 7200 miners = 0.5BTC per day per miner.
national minimum wage for US=$7.25 x 10 hours 72.50
national minimum wage for UK=£6.31 x 10 hours 63.10
so making an acceptable living lifestyle on bitcoin of 1BTC = $145 / £126.20 each
I like your idea here. But alas, would you like to buy a BTC from me for $145? Oh. yes i would. because stage 2 of the idea is pricing food and goods in bitcoin the same way governments price food/groceries based on the "living costs vs minimum wage" calculations. then we will base bitcoin based on costs of living such as how many loaves of bread can be bought with a standard wage atleast then we are less reliant on a fiat valuation, but more so on a barter/ good value pricing this is how i think satoshi and all them freedom fighters envisioned the future of bitcoin. before mtgox pegged it directly to a dollar valuation. and the reason i say yes i would is because i value bitcoin as it should be.. your still thinking like a sheep. looking at the mtgox price and saying $110 vs $145... profit!!! which goes against the point of this thread.. Then do you want to buy a couple hundred bitcoins? I can send them tonight. I will, of course, use the money to buy even more bitcoins at gox. The market controls the price of bitcoin, not Mt.Gox. I for one am happy that no one can change that. |
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Nice. Thanks. Also, LIE. LIE like a MF. You do not have to be truthful on the internet. Junk up the databases with useless lies. Is your phone in your name? Why? I have not had a phone in my real name in forever. Use a variety of fictitious identities for your phone. Talk to your drug dealer, he/she will know how to do this. Stop using spyware like windows or apple. You don't want that crap anyway. Try Linux and you will never go back to an untrustworthy proprietary OS. Last and most importantly. Complain to your representatives. Politicians only care about money and votes. Call them out in public! If we are vocal enough we can take back some of our freedoms. |
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I'm just trying to buy and hold some Bitcoins. What should I do?
There are all sorts of convoluted ways to buy bitcoins. For your first purchase i would recommend www.bitinstant.com or localbitcoins.com. When I have used bitinstant, here is what I do. First set up an account at Mt.Gox. Now when you go to bitinstant they are basically walking you through a deposit into Gox's bank account. You will be given the info you need to hand over cash at one of many locations, such as a Walmart. By the time you drive home your money is likely already sitting in your Mt.Gox account. (Don't lie on the forms or it may not work) Now that your account is funded you can try to get a good price buying BTC at Gox. It is not a cheap way, but *easy. Localbitcoins is a different idea altogether. Here you try to find a local person to sell you bitcoins in person. You arrange to meet at a coffee shop or something and bring your laptops. You hand over cash and the sellers sends the coins right there. Then you have coffee together and talk bitcoin. |
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more revolutionary idea:
take the 3600 coins made per day.. take the total miners by day. to give you a average income per person per day.
treat this as minimum wage a days labour.
EG (simplified) lets say there is 7200 miners = 0.5BTC per day per miner.
national minimum wage for US=$7.25 x 10 hours 72.50
national minimum wage for UK=£6.31 x 10 hours 63.10
so making an acceptable living lifestyle on bitcoin of 1BTC = $145 / £126.20 each
I like your idea here. But alas, would you like to buy a BTC from me for $145? Oh. |
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Coca cola coin, the first coin to violate trademark law! hehe  |
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Hi,
is there a offline wallet that is free? The current one I am using always ask me to pay for transaction fees.
The fee is optional, but without it miners have no incentive to include your transaction in the blockchain. They may just abandon it and leave you with a hassle. You should pay the tiny fee, it is still the cheapest way by far to send money. As far as investing... That is tricky. "Investing" in BTC is extremely risky and you should be prepared to loose everything. Bitcoin is not designed as an investment, it is a payment system and I would recommend thinking of it that way. But if you want to do it anyway for fun or whatever. Then start with 1 bitcoin and try selling it high, then buying it back low. Make a game of it! Remember to also track what you put in and the value when you sell. You will be required to report any profits you make and pay capitol gains. Good luck fellow peer! |
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But here is the problem. Let's say we agree that a 7 day weighted avg. of top exchanges is a better valuation. And let's say that price is $105USD. But when we check gox that day the current price is $120USD.
So, who wants to sell me your BTC for $105USD? Unless people are willing to act irrationally and take an effective loss they will prefer the best guess as to the current price, which is the current Mt.Gox price. Their sheer domination of sales makes it so, even if we don't like it.
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I think the mods here do alright. I was a mod at a video gaming site, and wow did it suck. It's a thankless job that you simply can't win at.
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If we are talking about short term projects or contractors, then many, many people are using bitcoin for paying employees. I have even paid for work with BTC.
Earlier I was referring to full time salaried employees.
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Since we would all die in a nuclear war it is not really a concern. Cockroaches do not need bitcoin.
What if there will be no nuclear attack? only EMP.. the emp bombs are used primarily before a nuke attack to disable all the nuke alert / defense systems Yeah, that. EMP is a "total war" measure. |
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Actually it would be ביטקיין That is two yods and not a vav and yod. But, your point is well taken. The KJV is not the original text and the Bible was not written in KJV english. Hebrew is. first this is all in total error because you are looking in an english version of the bible. switch to hebrew and search for ביטקוין
But, because it is only a trick it will work in English, Chinese, or Hebrew, or whatever. |
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It is being done now, although I only know of bitcoin related companies doing this now.
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Hi. |
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Hi CowGuy. Nice to meet you. |
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