I sent a message to everyone on their contacts page, hopefully I'll get a response from someone, although perhaps not going by other peoples comments on here.
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It costs $10, yet they charge 0.10 BTC? And they aren't going to regularly update the price? That is stupid.
Most definitely stupid... so if the price shoots up to $1000 it would be $100 instead of $10, who is going to use that? Nuts!
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So a couple weeks ago I cashed out some of my stash to recoup my original outlay so that all my BTC is now pure profit. Sure I am a little grumpy that they have doubled since then but thats life and I accept it.
I am in need of a new car now as mine is on a quick decline to repair bill-hell, I could cash in my BTC now and buy something pretty reasonable, about £8,000. But I'm not sure this is wise as I think we still have a long way to go with the price.
So I am wondering, should I instead take out a regular loan for the car over a short term like 2 years so the payments are highish and if I don't have the spare cash just cash out a chunk of BTC that month to cover my shortfall? This would mean that if the price increases more then I will still benefit, if the price started to tank I could just cash out or scrape by and afford it with my salary.
Thoughts?
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I think what they are implying is that a big pool could try and solve a second block without telling anyone that they already solved a block, but that is basically a big gamble that they can solve a second block before someone else solves the first block and announces, which is not likely unless they have 51%?
It's basically a gamble, and it would be obvious if a pool started regularly submitting two blocks close to each other.
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I sold about 60% of my BTC last week when it started to dip as I wanted to recover my initial investment so what remained was pure profit. Now the price is a lot higher and I really wished I'd held longer, but still I am sat on roughly 25BTC and that is all profit so I am relatively happy still I do kinda wish I hadn't sold so many last year though, but thats life eh?
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It's still cheaper to buy from localbitcoins
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I sent this to my girlfriend, maybe she will stop bugging me when I buy useless things I doubt it though!
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Name: Tulkas Posts: 339 Activity: 339 Position: Sr. Member Date Registered: June 10, 2011, 11:54:44 PM Last Active: October 16, 2013, 06:36:29 PM
He was last on 25th October, so he is still visiting the forums periodically but just ignoring peoples questions.
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Also missing aethero defaulting on his Ziggap loan from BTCjam, currently has about 900BTC outstanding and also he stole some cash from someone that was supposed to be trading for BTC?
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I just checked to see what the damage was from this morning... and we are back to where we started? Although it looks like things are going a bit mental at BitStamp... nuts!
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I wake up to a crazy s**t storm this morning, some crazy buying and selling going off... someone made a huge dump this morning?
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Best bet is to just sit tight and hold, if you have cash sat in a savings account earning 0.5% interest per year then I think its worth a punt putting some into BTC. Whilst it has ups and downs the overall trend has been up, sure it might drop as soon as you buy, but 6 months later you may be up 25% and that's better than anything else at the moment.
My girlfriend was in a similar situation to you, she put £1000 into bitcoins near the last peak and then they plummeted, she recently made her money back with a little profit so still worked out better than leaving it in a regular savings account even if it did look bleak at first.
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I think when I wake in the morning the Chinese will have had another berserker moment and it will be up another $10, it's been a made few days and the price has pretty much recovered after the big sell out earlier.
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Falling 15% in a few minutes isn't a crash?
Not when it rose that 15% in 6 hours
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Hardly a crash when the price is still above what it was 24hrs ago....
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Sometime between now and then
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Has Tulkas disappeared or is he just ignoring peoples questions?
I would like to know the status of the Ziggap loan as it was taken out before arbitration, therefore can all the people owed be given the owners details we can start legal proceedings on our own as the defaulted amount is very substantial.
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I am sat biting my nails wondering whether to sell now and wipe out some £££ debt or whether to hold and see if it continues to rise. I remember being in this same situation earlier in the year with the last big rise and it burst just as I was about to pull the trigger...
Dude, think seriously. With debd you're on minus. It's better a thousand times to be at 0 and have nothing. Debt the chain every man should struggle to break. Then you can go back gathering, hunting or whatever our ancestors did. I hate debt. As Robert Kiosaki says, theres good debt and bad debt. If you go into debt to buy a new car or tv or something that is bad debt. If you go into debt to buy investments which yield more than the interest on the debt, that is good debt This debt is for a loan for home improvements, I had the choice of paying part of it off or investing it in BTC. So far the BTC investment is paying off nicely as I'm up about 100% at the moment Now I'm at the point where I could cash in and clear off that fiat debt, or hold and see if I can pay off that and a chunk of mortgage as I'm aiming to be mortgage free within 5 years, currently at 10 years left.
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I am sat biting my nails wondering whether to sell now and wipe out some £££ debt or whether to hold and see if it continues to rise. I remember being in this same situation earlier in the year with the last big rise and it burst just as I was about to pull the trigger...
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What wall?
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