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841  Economy / Speculation / Re: how to invest into Bitcoin on: March 17, 2015, 07:28:42 PM
how about simply buying bitcoins and storing them offline in a secure manner.
that's how simple investing in bitcoin is.

It's the most secure way but it's the most boring way. Once you own a couple of BTC you are tempted to try to do something with them. Having them sit for 10 years is too desperating.
842  Economy / Economics / Re: What do you think: Digitalising fiat currencies on: March 17, 2015, 07:27:45 PM
This is unsustainable. Just like when the dollar was pegged to gold. You cannot have a fiat version and a digital version of the same currency coexisting.

Yeah it's an oxymoron. We invented cryptocurrencies to get away from the fiat problem, trying to somehow replicate the Gold Standard and create a new standard. Why would we want imitate fiat again?
843  Other / Beginners & Help / Re: Can somebody explain me step by step how can I make paper wallet? on: March 17, 2015, 07:20:18 PM
IF you are like me you probably understand things better over video/audio.. so this is a good video for you:

https://www.youtube.com/watch?v=JsyPfiENwQU
844  Bitcoin / Bitcoin Discussion / Re: What Is The Media's Effect To Bitcoin? on: March 17, 2015, 07:17:10 PM
Well, information effects price. Big surprise. People controlling information technically and unavoidably therefore "manipulate" price. If you want to investigate wrongdoing, then find some suspicious activity and investigate it, but enough with broad generalizations and conspiracies.
845  Bitcoin / Bitcoin Discussion / Re: is this bad or good news? on: March 17, 2015, 07:14:51 PM
https://www.cryptocoinsnews.com/bitcoin-value-gets-boost-fed/

IBM AND THE FEDERAL GOVERNMENT ARE NOW ON THE CRYPTO CURRENCY BANDWAGON AND IT SAYS THIS WILL "REPLACE" BITCOIN,NOT THAT THAT IS POSSIBLE BUT THIS IS BAD RIGHT?
Good news. Everything that can lead attention to Bitcoin itself is good news, for Bitcoin can not be defeated under any circumstances whatsoever.
846  Other / Politics & Society / Re: Photos from a Mexican drug lord's home after it was raided last year. on: March 14, 2015, 11:03:19 PM
I would rather be lower class than live with the constant fear of being shoot by policemen/enemies and not be able to relax and sleep at night ever again.
847  Other / Politics & Society / Re: Pro-Big Government Candidates for US President 2016 on: March 14, 2015, 11:01:53 PM
They're going to do to Rand Paul the same thing they did to Ron Paul, it's that simple, I hope someone like Rand Paul does get elected but I've given up on the idea, if someone like Ron Paul came along regardless of his personal views on some things I'd vote for him for sure.
It's sad to see Ron Paul never make it into the presidency. I hope Rand can make it but im starting to believe the elections are rigged against anything that ends in Paul.
848  Other / Politics & Society / Re: 2 cops shot in ferguson during "peaceful protest" on: March 14, 2015, 11:00:02 PM
This is what happens when you give weapons to people: you get both policemen and and civilians being shoot. These coops killing unarmed people are asking to get shoot by pissed off friends/families of the victims.
849  Economy / Economics / Re: Bitcoin Venture Capital per Quarter is Exploding :) on: March 14, 2015, 10:57:32 PM
Amazing, nice graph that shows things are moving, while clueless people keep selling their cheap coins panic due ignorance. They will regret once reality translates into the bitcoin price.
850  Alternate cryptocurrencies / Altcoin Discussion / Re: IBM Rumored to Be Developing Bitcoin Alternative on: March 14, 2015, 10:56:13 PM
If Google did their own ALT Coin the I might be worried. Google wants to dominate as much as possible so wouldn't it be logical that they would try?

BitCoin is making inroads, it isn't far from becoming the Kleenex, jello name of cryptocurrency, if you get my meaning. I just don't see how an IBM would succeed, BitCoin likely has too much of a head start for anyone to catch up.
They will probably try to along with Apple, those are that worry the most, since they have endless resources for advertisement and make things go viral.
851  Bitcoin / Bitcoin Discussion / Re: 1st European BTC embassy closes down on: March 14, 2015, 10:52:24 PM
They sold shares?

IPOing is really the bitcoin way...
Indeed. It seems like IPOing yourself to richness is the way most bitcoin scammers operate. I cant think of a single IPO that hasn't been a scam lol.
852  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: March 12, 2015, 06:27:23 PM
to be a millionaire with 100 BTC the price should rise higher than $10,000 per BTC to only have 1 mil. and i highly doubt that the price can rise that high by 2020.

Oh ye of little faith.

-snip-

https://bitcointalk.org/index.php?topic=831547.msg9293350#msg9293350

This regression curve has too little input data to make any realistic predictions for the future. If you look how wrong the predictions were in comparison to the reality so far (2081% above the regression line, 81% below of the regression line), you shouldn't expect that this line will be any close to the real price in the future.

If you go back to the early posts and see how they predicted Bitcoin would never reach dollar parity, let alone $10, you can see how we aren't just ready to predict Bitcoin. So it could be anything, from 1k, to 10k, to 100k. Keep your eyes open.
853  Economy / Speculation / Re: And this, ladies and gentlebears, is why we like the WSJ on: March 12, 2015, 06:25:38 PM
Nice catch. It shows who is a bitch towards the status quo and who isn't and has critical thought and objectiveness on their news.
854  Economy / Economics / Re: EUR might drop below USD on: March 12, 2015, 06:23:16 PM
it's the euro that is dropping not the usd that is rising(or bot), i didn't follow to much, i'm right?

if it's the first, i'm no suprising, seeing the bad euro position that there is right now

Not quite so, the U.S. dollar is actually rising, and not only against the euro, but against other major currencies too (British pound, Japanese yen, etc). As a yardstick, you can always check the price of gold (and other precious metals as well). Despite being highly manipulated, the gold price is about to break through long-term lows.
It's not a legitimate rise tho, it's a fictional rise, a good ol bubble, imo dont pay much attention to prices unless you are a full time trader wanting to make money off speculation.
855  Economy / Economics / Re: Is bitcoin dead? on: March 12, 2015, 06:22:01 PM
Bitcoin keeps growing:

https://ip.bitcointalk.org/?u=http%3A%2F%2Fblog.bitpay.com%2Fimg%2Fbitpayandbitcoininfographic.png&t=550&c=49XD4dVjV4Hiww

As you can see, the price can be decieving towards the objective good news that are happening. Whales are slow-buying to keep the price down while scared clueless guys sell their cheap coins.
856  Bitcoin / Bitcoin Discussion / Re: BITCOIN 101 on: March 12, 2015, 06:20:26 PM
ChuckBuck, nice one, but what does "universal" mean and why it did went down in 2014 compared to 2013??
857  Bitcoin / Bitcoin Discussion / Re: Bitcoin the enabler - Truly Autonomous Software Agents roaming the net on: March 12, 2015, 06:17:21 PM
Considering Qualcomm and 21's investment in monetizing the machine internet I thought it was time to necro this thread.  The ability of machines to transfer wealth or even work to earn BTC and spend it brings us one step closer to the most dangerous project on the net; and described in this thread. Once a machine has the ability to pay and earn to keep itself alive and growing, it becomes hard to see where it would end. We are not there yet by a mile. However the idea of an AI based "life" form that can buy server space or even buy a robotic factory could lead to a decision to exterminate humans because they interfere with growth. Not now, not in ten years. But 30? 50? Who knows?
Nahh man, I think we are lightyears away from legitimate AI... we'll all be dead by then I think. By 10 years what I hope is BTC as retired all of our asses and rightly so, for we were pioneers.
858  Bitcoin / Bitcoin Discussion / Re: btc continuing education for lawyers on: March 12, 2015, 06:15:56 PM
I cannot help imagine that Bitcoin will be becoming the must learn knowledge one day! It is like today's computer, internet, email etc. the old and children are eager to attending this education course.
Yeah, and these lawyers better start studying their asses off because the people that get scammed in cryptoscams are going to need them, since they wouldn't learn to keep the money on their wallets even after all those incidents.
859  Economy / Speculation / Re: It is always too late on: March 11, 2015, 10:37:52 PM
eeeeexactly ... perhaps the most significant issue with widespread greater adoption is ***people do not like the idea of being taken advantage of*** ... and when you find out these things were produced en mass in the millions and millions of units by a handful of people for free on their laptops / traded for pennies for a year without any public knowledge of it no news no merchant acceptance nothing ... then come to find out the only exchange they were traded on during that time was in fact being run as a fraudulent ponzi (mtgox) and later collapsed and the price WAS $1200 as a sole result of their fraudulent actions and a fake-billion-dollars ... then find out it's trading in the couple hundreds of dollars today with estimates as high as a million stolen bitcoins floating around ... you immediately KNOW you've missed out on any sort of rapid profit making and that all you're doing is paying off the members of the top of the pyramid / thieves who haven't sold all of their free / stolen stash yet ... and you steer the fuck clear of it ...

Yeah, a system that's transparent and cannot be manipulated where you can be responsible of your own wealth is clearly worse than this:

http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland

Get some perspective.
860  Economy / Speculation / Re: $350 by Sunday on: March 11, 2015, 10:35:15 PM
All we need is a decent number of new people interested in buying to see an increase.
Or former holders that sold but are motivated to get in again given the latest streak of positive news that definitely paint a shining future for BTC.
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