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7601  Bitcoin / Bitcoin Discussion / Re: Kuwait finance firm suggests trading oil in bitcoins on: July 03, 2014, 01:49:34 AM
This is acceptable but as it says this would scare the US a bit
The petrodollar is called the petro dollar because it is used as a means of exchange for oil commodities worldwide if the US loses its backing as the premier world oil currency something the Yuan is already doing to Bitcoin it weakens their rate Smiley.
That said lower cost transactions have utility to all so I can see this being implemented sooner than later in Kuwait
Smart idea.
7602  Economy / Economics / Re: Tim Draper Bitcoin Auction Winner Press Conference LIVE! on: July 03, 2014, 01:47:21 AM
people actually watched a stream of this...

Well since no one summed it up I watched it
Long live Satoshi Nakamura that was a classic otherwise it was actually pretty interesting
But the question we all want to know was not answered here.
7603  Economy / Services / Re: WE PAY FOR SIGNATURE EVEN MORE. UP TO 0.0016 BTCs PER POST. W on: July 03, 2014, 01:41:39 AM
Do you think this is worth leaving PD for? Or no?

It depends on the signature campaign operators actions
If they pay out and appear more often in the thread and rebuild their rep yes
If your willing to take a bit more risk on it yes
If you want a stable payment probably not yet either way you can wait a few days for the PD rollover before deciding as the issues here are handled.
7604  Bitcoin / Press / Re: [2014-07-01] CD: 6 Must-See Bitcoin Documentaries on: July 03, 2014, 12:13:15 AM
Coming back to this since I remembered what was missing this one
https://www.sq1.tv/bitcoin
Bitcoin
The Bitcoin Phenomenon (35 min)
7605  Other / Politics & Society / Re: Is the West gearing up to invade Russia once again? on: July 02, 2014, 10:58:56 PM
The USA also relies on a lot of Russian supplies and technology as well
As they say you can mess with small countries but not large ones who you rely on in the international system.
7606  Economy / Speculation / Re: Stop talking about the damn SR coins - it is the LEAST significant price mover on: July 02, 2014, 10:04:04 PM
Guess I'll update from previous
We now know the identity of that sole winner is Tim Draper
http://blogs.wsj.com/moneybeat/2014/07/02/vc-tim-draper-is-sole-winner-of-u-s-bitcoin-auction/

Mr. Draper was part of a group that included Battery Ventures and former AOL chief executive Steve Case that invested $4 million in Vaurum in May. The company went through the VC accelerator program Boost VC, run by Mr. Draper’s son, Adam Draper.

Mr. Draper won the auction independently, Mr. Bhama said. He is not only an investor, he is a customer of Vaurum as well, which is where the coins will be held. “Our partnership will allow us to use the coins to provide liquidity to our exchanges in emerging markets,” Mr. Bhama said.
7607  Bitcoin / Press / WSJ 2014-07-02 Tim Draper Is Sole Winner of U.S. Bitcoin Auction on: July 02, 2014, 10:00:11 PM
Tim Draper, a well-known Silicon Valley venture capitalist and founding partner of Draper Fisher Jurvetson, was the sole winner in the U.S. Marshals Service’s auction of 30,000 bitcoins that were seized as part of the October Silk Road bust, according to a post on the blog of Vaurum, a bitcoin exchange service in which Mr. Draper is an investor.

“We’re delighted to announce that Tim Draper has won the U.S. Marshals bitcoin auction and is partnering with Vaurum to provide bitcoin liquidity in emerging markets,” the post states.

http://blogs.wsj.com/moneybeat/2014/07/02/vc-tim-draper-is-sole-winner-of-u-s-bitcoin-auction/
7608  Economy / Economics / Re: Tim Draper Bitcoin Auction Winner Press Conference LIVE! on: July 02, 2014, 09:58:07 PM
Wow this feels old school like a 1980's video
Or maybe that's what a conference room looks like in the modern era and hasn't changed retro.
Anyways can someone sum it up
7609  Economy / Service Announcements / Re: Virtex! A new online cryptocurrency trading platform on: July 02, 2014, 09:53:34 PM
I've seen weird 'spikes' in your chart at BitcoinWisdom a couple of times recently.

For example:



I had a sell order at $698.00 when the spike up to $719 happened, but none of it was matched.

Is this a bug in BitcoinWisdom? Or in CaVirtex?

Edit: your website claims the daily and weekly high was $692:



BitcoinWisdom say it's a bug in your API. Please fix it.

@ Doog Virtex is not Cavirtex I know its weird but you need to go to the other thread
https://bitcointalk.org/index.php?topic=218435.0
7610  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin just hit $2,21 on: July 02, 2014, 07:04:43 AM
I wonder if someone pressed the nuke button
Anyways litecoin is having a rough round but I don't think its dead yet
That said got to make sure to get the bottom not grab a falling knife.
7611  Other / Off-topic / Re: what is your iq according to "free, accurate iq"? on: July 02, 2014, 06:55:48 AM
And of course siteadvisor warns me its a dangerous site so I had to linkscan it first
^_^ Ah already beat the IQ test
Since it proved clean went to try it and got this

7612  Bitcoin / Press / Re: [2014 - 07 - 01] - 1 800 FLOWERS to accept Bitcoin on: July 02, 2014, 06:33:46 AM
Doesn't look like a dupe to me
Nice to hear I can get flowers bouquets and a bunch of other things like popcorn with Bitcoin Smiley

Beginning this fall, bitcoin will join familiar payment options, including Visa, MasterCard, American Express, and PayPal, that are available to the company's customers across its extensive family of gifting sites, including 1-800-FLOWERS.COM, FannieMay.com, Cheryls.com, ThePopcornFactory.com, 1-800-Baskets.com, FruitBouquets.com, and Stockyards.com.
7613  Bitcoin / Bitcoin Discussion / Re: US Marshals: One Auction Bidder Claimed All 30,000 Silk Road Bitcoins on: July 02, 2014, 06:23:14 AM
As long as they didn't all agree that one group would make the highest bid then they diversify those coins among them it's all good
That said I really really want to know the price as well and am keeping track
This thread as well has all the news so far for those curious
http://coinfire.cf/2014/06/30/breaking-usms-auction-winners-notified/
7614  Bitcoin / Bitcoin Discussion / Re: The real bitcoin killer app is already here on: July 02, 2014, 06:17:53 AM
I like the idea but I am quite hesitant to put anything on the line to try it until they have been around a while. I made the mistake once of being the guinea pig and will not do that again.

The Bitcoin stock market is an annoying thing that said they say risk brings reward in this case we have banks not anonymous ones that support the idea and can back it up.

That said it could backfire so it could well be worth just observing for now.
7615  Economy / Economics / Re: Would people pour their cash into bitcoin given a stock market crash? on: July 02, 2014, 06:15:10 AM
If there was a crash like 2008.  I'd buy stocks hand over fist.   Easy money.

You mean short the stocks hand over fist then buy the stocks back at a giant discount and keep the spare profits
Easy money

Yeah that too.    Grin

I love shorting.   I made a lot shorting TSLA,  AMZN,  TWTR from feb to april.   Now I'm long on those plus DDD.  And recently made killing on GPRO

But its really hard to see the trend though and you need balls of steel to be the contrarian

True enough it is quite the thrill and also the one that is a bit crazy to use the shorts ^_^
It might work though but its easier to say buy low sell high than it is to say
Sell high short till it gets low then buy low and Hold till its High or their is a nice stable dividend to rely on instead of a share price appreciation.

Then again short and simple is sweet no need to add the rest Smiley

Sell High Buy Low and Short if Overvalued
7616  Economy / Exchanges / Re: Official CaVirtex.com Thread on: July 02, 2014, 06:11:07 AM
2 factor can also work with email. Besides, you're a fool if you don't already have it enabled.

Try teaching someone who is tech illiterate to create an email account then add on the challenge of using 2-FA to login to their account
All within a time limit of say 5 minutes
It's fine for most but not for all users therefore it hinders penetrability for future users.

7617  Economy / Economics / Re: Would people pour their cash into bitcoin given a stock market crash? on: July 02, 2014, 06:02:54 AM
If there was a crash like 2008.  I'd buy stocks hand over fist.   Easy money.

You mean short the stocks hand over fist then buy the stocks back at a giant discount and keep the spare profits
Easy money
7618  Economy / Gambling / Re: Primedice.com | 600M+ Bets | 350k+ BTC Wagered | Free BTC | 1% Edge | Instant on: July 02, 2014, 06:01:54 AM


Small mistake on our side. It has been readjusted back to 1000 Smiley

Weird, I am still getting the 250 faucet. I spent all today waiting for faucet to go back up, very disappointed Sad.

ya same still 250

Nope it is still 250 as well over here so guess it will be readjusted a bit later
Looking forward to PD3
7619  Other / Off-topic / Re: FIFA World Cup 2014!!! on: July 02, 2014, 05:53:34 AM
Brazil and Colombia is going to be an awesome match. Hope the Colombians take it to them!
Think I will support the home team Brazil on this match but honestly I think Colombians will take it to them
Either way I want Costa Rica to pawn them all so the president makes a national holiday Ha-ha
Central America Love  Grin
7620  Bitcoin / Bitcoin Discussion / Re: Child porn image embedded in the blockchain on: July 02, 2014, 12:47:31 AM

For educational purposes how the heck would I even open it
Can't see anything but text --> convert through hex --> Somehow a picture?
May as well call it pron for hackers and cryptology programmers lol.
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