How many guns there are has nothing to do with violence. I live in a house filled with guns and wouldn't hurt a fly. Prisons are filled with people who could never be trusted with a paper clip, as they would surely kill someone with it.
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You are asking the right questions. But there are no easy answers. As MoonShadow mentioned you can choose a strategy based on time and risk. If you put some coins up for sale at a higher than current price, you are betting that the price will climb up to your ask. If you just want dollars right now, you can sell to the highest current offer to buy. Another option is to spend your bitcoins and buy stuff you would have used the dollars for. Sometimes that is the best value.
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Love is finding that the neural and algorithmic connections between thought centers are synergistically augmented by air-gapped external devices.
Wifi? That's how it worked for me. My wife's password was not very strong and I was able to air-crack it while war driving around her apartment. Now we're together forever.
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Something is wrong, that is too long. But it does not mean bitinstant is a scam. It is used successfully all the time. What did bitinstant say?
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But, but... it's not backed by the government.
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Take her to India or Poland. Round trip tickets to Poland would be $800 - $1K. I had my thyroid treated in Poland (Warsaw, Alkamed) for less than USD 200. In India I got my so many blood tests, echocardiogram, ultrasounds, for less than $200 out of pocket. I was staying in a place called gurgaon, near delhi, and lots of young professional work there, and doctors were awesome (I went to Apollo clinic). US healthcare is shit!
This is a good option. It is a myth that one receives better healthcare in the US. The doctor who performs your surgery in Lithuania will use the same tools and techniques as anywhere in the U.S. But you will pay a lot less, and you can even combine it with a vacation.
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I think bitcoins and other currencies can co-exist because they do co-exist. If state money and BTC cannot sustain this relationship then there is no chance bitcoin will survive.
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Not saying anything about the wisdom of the sanctions, but know that doing business with anyone in Iran may land U.S. citizens in jail. None of the arguments that I see here would hold up as a defense. Your best bet would be a guilty plea in the hope that the court would go easy on you.
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Privacy: When I recently bought my llama wool socks I gave my home address to the sock people and that was all I had to share. If I had bought it with a credit card more private info would be required and it would be shared with banks, payment processors, others??
Convenience: click, send
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jgarzik is quite right. The SHA-256 algorithm is property of the US and export regulations for SHA-256 expressively forbid exporting the algorithm or products based on the algorithm to Iran.
Why are people ignoring this fact. It is illegal. And I think other restrictions on Iran would also apply. As a U.S. citizen I'm almost certain that it would be a crime for me to send BTC to Iran. To give an example of how far Iran has to go to avoid any U.S. dollars, look at how they sell oil. First they ship the oil for sale to Turkey. They cannot be paid in dollars so they take Turkish Lira. Then they go shopping for gold bars in Istanbul. The gold is then brought in small amounts to Dubai by couriers. From there the gold can be used to buy things Iran needs.
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Apart from the rules of bitcoin there is absolutely nothing predictable about it.
That has been my observation also.
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Be sure to mention that more of us are ready to donate when they have their own bitcoin addy.
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I don't approve this. Just my opinion...
Wiki is a worthwhile cause. But I would prefer to get them to accept bitcoin on their own.
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here is an oil can suppressor for any visual learners.
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I think the main bitcoin symbol design is under the creative commons licenses or some other public domain. I could be wrong on that. There was also an attempt by some lawyer to copyright the word bitcoin, if I remember correctly.
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Next time they ask me for dollars I'm going ask "What are those again? My grandpa talks about dollars also."
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Welcome fellow peer!
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I kinda disagree.
I have no problem with the mathematical concept of infinitely dividing the remining bitcoins, BUT the problem is that nobody knows that the lost bitcoins are lost or simply kept under someone's mattress ...
That's a good point.
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Just today I sent them my normal email stating that I want to donate, but I could not find their bitcoin address. When they respond and say they do not have one. I act shocked and request that they email me when they get one so that I can help them. I also mention that PayPal or credit cards are not secure or private enough. I don't feel too bad saying these things, as they are true.
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