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7921  Economy / Speculation / Re: One day, holding one bitcoin will make you a millionaire. on: June 06, 2013, 03:15:54 AM
A monopoly dollar millionaire, that's for sure.
7922  Other / Politics & Society / Re: Worldwar 3 and EMP bombs on: June 06, 2013, 03:15:32 AM
WWIII would result in the end of humanity for sure.
7923  Bitcoin / Project Development / Re: BrainPay - a new way to manage your Bitcoins with your brainwallet on: June 06, 2013, 02:11:43 AM
Chrome probably isn't the most secure platform for a software like this. It's a very interesting concept though, I like it Smiley
7924  Other / Off-topic / Re: 10,000 BitCoin Loan [Spoof] [PAID BACK 20MILLION] on: June 05, 2013, 03:21:21 AM
I'll send you 100 quadrillion ripples.

Good luck with that.
7925  Economy / Speculation / Re: Liberty Reserve shutdown is a boost for Bitcoin? on: June 04, 2013, 12:13:07 PM
Bitcoin price is not fixed unlike LR, so most likely boost for webmoney, yandex money and so on Smiley


The only man in this thread with the correct answer goes ignored...

I doubt anyone ignored alex_fun for this.

But 6 Billion is serious money, compared to the size of the Bitcoin economy, anyway. Some criminals who's funds have been taken by the feds might wonder if another centralized service that can be taken out the same way is such a good solution. If only 10% of that money went to Bitcoin, we should see a serious boost. But we don't. In fact we don't see evidence that any money at all is flowing into Bitcoin atm.

And why should we? Moving money around with LR, Webmoney, WU or Bitcoin is not helping making it appear legitimate, just as carrying a bag of banknotes from one country to another is not helping a criminal in the least. To launder money, you need to have legitimate business and you add to the revenue they actually have.

I think LR's turnover of illegitimate money was orders of magnitude smaller than the official numbers. Govt had other reasons for taking them down and they simply lie to us.

This should give you a better opinion of what cybercriminals think about LR. http://krebsonsecurity.com/2013/05/underweb-payments-post-liberty-reserve/

I suggest you read the article you link to yourself. The poll at the bottom says 13.83% think Bitcoin works best for them. If that translates into 13.83% of the 6 Billion of alleged criminal volume (around 1 Billion / year), that means we should see an additional $300K volume per day. Which would be perfectly visible. Apparently it doesn't translate. Which means that 6 Billion is grossly overexaggerated.

Other than that, I have my issues with the article and the apparent lack of knowledge of the author. Saying that LR was "insanely redundant and secure" as opposed to Bitcoin is not very accurate, as you undoubtedly will agree.

The author does know what he is talking about when it comes to cybercrime, even if he does get a few facts wrong. The majority of cybercriminals do not want to use Bitcoin because of volatility reasons. Feel free to try to prove me wrong.
7926  Economy / Speculation / Re: Liberty Reserve shutdown is a boost for Bitcoin? on: June 04, 2013, 09:53:35 AM
Bitcoin price is not fixed unlike LR, so most likely boost for webmoney, yandex money and so on Smiley


The only man in this thread with the correct answer goes ignored...

I doubt anyone ignored alex_fun for this.

But 6 Billion is serious money, compared to the size of the Bitcoin economy, anyway. Some criminals who's funds have been taken by the feds might wonder if another centralized service that can be taken out the same way is such a good solution. If only 10% of that money went to Bitcoin, we should see a serious boost. But we don't. In fact we don't see evidence that any money at all is flowing into Bitcoin atm.

And why should we? Moving money around with LR, Webmoney, WU or Bitcoin is not helping making it appear legitimate, just as carrying a bag of banknotes from one country to another is not helping a criminal in the least. To launder money, you need to have legitimate business and you add to the revenue they actually have.

I think LR's turnover of illegitimate money was orders of magnitude smaller than the official numbers. Govt had other reasons for taking them down and they simply lie to us.

This should give you a better opinion of what cybercriminals think about LR. http://krebsonsecurity.com/2013/05/underweb-payments-post-liberty-reserve/
7927  Economy / Speculation / Re: Online Payment Systems Have Been Decimated on: June 04, 2013, 09:35:57 AM
I cannot believe this has not had a significant upward effect on the Bitcoin price. The entire online payment systems network that isn't bitcoin or paypal-ish has been utterly destroyed with the shut down of Liberty Reserve.

Its not just Liberty Reserve. Its all the exchangers that went with it.

If I have money in one of the centralized e-currencies like Perfect Money. How am I going to get it out, exactly? There is no easy way. Aurumxchange is there, thats pretty much it. And it only exchanges, it doesn't allow redemption for a Bank Wire. I have to take multiple steps to get from something like Payza (paypal-ish) to Bitcoin. Egopay has gone derp and won't let anybody log in. Perfect Money won't allow US Residents to use it.

Online payments as of now are basically dead unless you are using an e-currency like Paypal with built-in consumer 'protection'. Other than Bitcoin, that is. How are people not making the switch? Is it because all the exchangers are dead? When the wires suddenly start clearing, will the Bitcoin price go on some crazy jump upwards? Or are people just freaked out of online payments entirely and are leaving?

previous LR users are looking for a better payment system. PM and WM are possible alternatives, except they may both share LR's fate one day. HD Money is another site that I recently learned about, some people say exchanges will accept it soon. looks like a scam to me. Bitcoin is a possible alternative, but many people don't like BTC due to the volatility.

I don't see Bitcoin becoming a real alternative to LR any time soon.
7928  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 04, 2013, 09:24:11 AM
Do you believe there's a point where Bitcoin will follow the other commodities?

Not in the next few years. Gold is something you can hold in your hand, many people who are new to technology would be skeptical about Bitcoin as it is digital.
7929  Other / Off-topic / Re: Since I know you all were wondering... on: June 03, 2013, 09:09:05 AM
Are you also Dank?  Roll Eyes
7930  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple or Bitcoin on: May 30, 2013, 11:44:31 AM
I think that here there are many haters with an hand, but they buying XRP with the other Smiley

That's exactly what is happening.
7931  Other / Off-topic / Re: Should I 'ignore' MPOE-PR? on: May 30, 2013, 11:20:51 AM
Ignorance is (not) bliss.
7932  Other / Off-topic / Re: If you want some Bitcoin Stackexchange points on: May 30, 2013, 06:35:09 AM
...Ripple?
7933  Other / Off-topic / Re: 10,000 BitCoin Loan [Spoof] on: May 29, 2013, 11:28:54 AM
I think this thread belongs here: https://bitcointalk.org/index.php?board=9.0
You should move it.
7934  Other / Off-topic / Re: Xbox One on: May 29, 2013, 11:24:31 AM
Xbox One: Is that the Gaming Console reserved for the President and his staff?


No, it is reserved for calladoody 11 year olds.
7935  Other / Off-topic / Re: Toys/ Rewards/ Presents you have bought for yourself thanks to bitcoin on: May 29, 2013, 11:22:36 AM
I bought 5 dollars for 0.4 BTC once.
7936  Other / Off-topic / Re: What to do with an unused VPS? on: May 29, 2013, 11:22:02 AM
I also have a month of unused VPS, and 1.5 months worth of VPN service. I'll leave them to expire Wink
7937  Other / Off-topic / Re: [WTS] My Lolcow on: May 29, 2013, 09:48:38 AM
You are just basking in my glory.

But know this Mr. CrumbleBottom

wow man u FUNNY ))) :-) :L (le troleface)
what FaceBok page did u get tht picture from? Tongue Cheesy Smiley :> :v
7938  Economy / Goods / Re: Buying/Selling Exotic Cars (Through Broker) on: May 29, 2013, 09:47:18 AM
So you met some guy on Facebook and you believe everything he says? That's hilarious.
7939  Economy / Currency exchange / Re: Selling 100000 ripples [SCAM ALERT -READ THE FOLLOWING POSTS] on: May 29, 2013, 09:43:05 AM
I see Wikileaks dude still a "senior member"  Board does nothing- BEWARE! 

Sr. Member is based on post count, not trading history.
7940  Alternate cryptocurrencies / Altcoin Discussion / Re: 125,000 XRP for 20 BTC. FIRM! on: May 29, 2013, 09:41:55 AM
You have "Ripple is a scam" and are trying to buy XRP's.  How does that make any sense?   Huh  

Also, the price is firm guys.  Not really sure how I can make that any clearer.

They're getting money from putting up the signature and they're making money from trading the XRPs, which shows they don't believe in anything aside from money.  Grin
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