So if someone in a foreign country was willing to set up an account with OKPay or one of the alternatives and buy bitcoins on BTC-E and send them to you with zero mark up in exchange for cash in the mail, you're saying there would be absolutely no advantage?
There are many examples of long delays with third-party deposits on BTC-e, and even cases that it was never credited. Use BTC-e at your own risk. Anyhow, the price on bitstamp is not even that much more expensive than BTC-e, and you can make the difference back with one simple trade.
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I thought I observed that Coinbase was significantly more expensive than BTC-E.
BTC-e has high deposit and withdrawal fees. The price reflects this, also it is lower because of the risk of dealing with anonymous Russians.
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Bitstamp is open to US folk. Also, you can just use Coinbase. It's not like bitcoin is banned in the US. You seem to be exaggerating a bit too much.
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for store of wealth stick with bitcoin. for fast transactions, lets get merchants using litecoin for faster confirm times.
imagine bitcoin as the bank account that does wire transfers slowly and litecoin as the credit card..
That's a very risky path to take for bitcoin's future... Eventually average joes will just use Litecoin instead for everything as they get used to it, better not allow competition to get that close.
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where have he claimed this?
Read the description, he is still mid-term bearish based on his EW method.
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Are you guys illiterate? The OP clearly asked to choose one of the two options in a hypothetical 10 year all-in situation.
99% of you guys would choose gold in real life anyway, especially those who own serious amounts of money.
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I hear it is run by criminals.
Not much more than that really.
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Gold, hands down.
Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.
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Yeah, I think Texas has a lot to lose if the dollar tanks. The global elitist banksters are catching on that their days are numbered and they think they can stop it by regulating Bitcoin. Or at least stall it long enough to get the totalitarian dictatorship police state locked in. I think Texas is a main hub of that action. Unless they secede.
US government is not afraid of bitcoin at all. They could crash this tiny market to sub-decimal levels on a whim.
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Dorian could have been the guy behind the cryptography/math side of bitcoin, but sincerely doubt he did the communications part.
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Corrupt African officials use it as a payment system to launder money, not as a store of wealth. Ever noticed how most African countries are not hostile to bitcoin? It's because many of their elites are using it to launder money.
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Interesting. I had no idea that there were problems with btc and fiat withdrawals at bitstamp. Can anyone else confirm (besides proudhon)?
Withdrew several K from bitstamp almost a week ago (last Monday) and it still hasn't appeared on my bank account. The last time I withdrew money it took only 2 business days, but it looks like things slowed down over at bitstamp. EDIT: Got the money, it took exactly 1 week.. kinda slow but at least got it.
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People will continue to accuse him of being NSA, CIA, or a malicious hacker and this may hamper bitcoin's growth once it starts penetrating the mainstream.
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The daily chart and the recent exchange failures is scaring new investors away, it just looks like a giant downward triangle from December. Deflating bubble etc, despite the recent small recovery.
The dumb money won't start pouring in until previous highs are broken.
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Would love to see statement of assets and liabilities signed off by a reputable audit firm on a regular basis.
Ditto. Given bitstamp's #1 status they should step up their game regarding audits. The previous audit was rather unsatisfactory.
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Let's wait for the AP to come with their report before we jump to conclusions.
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Either the real Satoshi is dead, doesn't care about bitcoin, or is simply this recently exposed 64-year old man.
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