Buy a shitload of gold.
Sell it.
$$profit
theres no AML/ KYC for this? |
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Yes, people have done this and yes the numbers all come back insanely larger than where we are now. In the end the only thing that is for sure is that the price will either be >1000 in 5 years or 0.
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cascascius coins
Though remember, without internet, there is absolutely no way to confirm the coins hit your address regardless of which method you use.
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Its so strange seeing Lucif converted into a bull.
maybe you're holding the internet upside down? Oops. I hate when that happens. |
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Thanks for the replies. So it can be a second hand laptop?? I was under the impression that it must have never been online. Regarding the OS I will probably stick with windows then as i am by no means an uber nerd and would have no idea what a backdoor would even look like.  Yeah it's ok if it was online, just make sure you format the hard drive and install a new OS before using it. Thanks mate, so i will need a copy of OS on disk then? I just use a usb drive. Yeah either one will work. |
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Its so strange seeing Lucif converted into a bull.
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"Circle Jerk Your Way to Early Retirement"
"Circlejerk Your Way To Early Retirement, Featuring Zangelbert Bingledack". Has a certain ring to it. You should approach the TV networks. This thread delivers |
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About the AML/KYC triggers, isn't this only a real problem when your not being honest on your tax filings?
Correct |
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How about "Forum Whose General Advice Would Have Made You A Millionaire By Now"?  Lol this would get my vote. |
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I don't think we will see anything resembling stability until we are deep 3 maybe even 4 digits.
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Thanks for the replies. So it can be a second hand laptop?? I was under the impression that it must have never been online. Regarding the OS I will probably stick with windows then as i am by no means an uber nerd and would have no idea what a backdoor would even look like. Yeah it's ok if it was online, just make sure you format the hard drive and install a new OS before using it. |
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Have you guys noticed the EUR price at Bitcoin24? It's at 64 right now compared to 60 at MtGox and has been to 69.6 which translates to $89. One could easily make a handsome profit by doing some arbitrage.
How long does it take to withdraw Euros from Bitcoin24 then get the deposit to clear at MtGox? What can happen to the Bitcoin price in that time? For short-term arbitrage, you just need to keep funding the accounts with BTC and $ then flip. You don't have to move the $ around at short notice. Problem is: those EUR markets have been higher than mtgoxEUR for weeks now. Yeah I have a theory actually that mtgox's authentication time lags are the reason for this price swap between them and the other exchanges. If thats true, not only is it pushing more people into other exchanges (good for decentralization/ resiliency), its also insanely bullish. |
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If its going to be always offline, I would say it doesnt really matter what OS you put on it. That being said, I believe Ubuntu is the most trustable apparently because it is open source (and if you are an uber nerd and uber paranoid you can go through the lines of code yourself to see if there is a backdoor in it somewhere). Just make sure whichever setup you use that you backup a copy to a safe place. Hardware failure is not uncommon and I would not want to send away a harddrive to some far off place with all of my coins on it.
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where did you find the link? looks like nemesis^^ found it on the bitcoin subreddit |
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Touching $100 - either on the nose, just under ($99 or $99.9), or maybe a few dollars over.
+1 It should hit roughly 100 this week. |
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The Russians are fuming over the confiscations of their Cyprus accounts. Russia's PM Medvedev said: " The theft in Cyprus is comparable only to confiscations of wealth of jews by Adolf Hitler's helpers " quite true actually.  Not really. The jews had their money taken from the bank in a country in which they were a citizen. The russian oligarchs all moved their money offshore - there is always a risk doing so and they should know that. |
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