When someone online talks about smoking pot or doing drugs it is not immediately followed by "You're so going to get a visit from the cops and your ass is going to be in jail".
You're actually incorrect about this. I will wait to see the thread on here pointing out this bitcointalk post and how the DEA will be paying this person a visit: The road was a god send for me and my weed. As I got older my "hook ups" disappeared, or grew up themselves, making it more difficult to get good product as I become more domesticated as it were. ]
Now I don't have to harrass a friend, give them money, wait etc... I just order up what I want. And being domesticated and all, have an income where I can get larger stashes that last a good while between orders.
I haven't really poked around the other areas too much on the road but the mary jane section has TONS of items and sellers. I would actually guess the opposite, that weed is a pretty big seller on the road. |
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If we go back to the stone age terrorists will use stones.
We could go back before the stone age before the terrorists developed stones. |
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Do you believe Bitcoin will rise while the dollar falls? If so, the price of bitcoin reaching $10,000 by the end of 2016 is not that huge of a leap (1000+% gains on average for the past 4 years means over $10k/BTC by 2015). If you bet just .5 BTC (about $60 at current rates) on this: http://betsofbitco.in/item?id=1532it is like an investment in your future. When the bet is won, you will likely at least double your money since so many people believe it will not reach $10,000. So if you win you will get back at least $10k worth of bitcoins. If you lose, you are out 60 bucks. And the earlier you bet, the larger the cut of the winnings you receive. So betting now will give you more than those that wait. Easy money. |
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Someone please explain the "buy high - sell low" strategy to me.
One word: volume |
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also you are never going to end war while there are still nations. The only way bitcoin could save us from war is by ending the nation state entirely.
Good news! You're already free to go live in the paradise that is anarchy. Somalia. Enjoy! Somalia's progress since the fall of its violent state in 1991: http://mises.org/daily/5418Yes, I hope that Somalia continues to be thrust upon us as a place where no government exists. I hope they remember that when Somalia is one of the major African countries and surpasses many others. Even though the UN is doing everything they can to suppress their advances. |
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Huge government spending items would not be purposefully created in order to ensure deficits which benefit the central banks.
This includes war.
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which was created by an anonymous hacker I have noticed this being mentioned more in the government media lately. Taking either the original definition of hacker or the newer derogatory term for hacker, Satoshi does not fit either. He wrote a computer program on his own computer and then released it to the world. The original term for hacker referred to someone who would go into other people's computer systems to check things out and discover things that other people were doing, even hacking into a software program to see what it does and change things to learn more about it. The new media term refers to people who break through security of other people's computer systems and cause mischief. Satoshi was neither. Am I to be considered a hacker because I write computer programs for my company? |
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Why is it that whenever someone talks about not paying taxes, someone inevitably has to mention the fact that they are going to get audited or they are going to go to jail. That is sort of a given is it not? Why perpetuate the IRS's fear game for them?
When someone online talks about smoking pot or doing drugs it is not immediately followed by "You're so going to get a visit from the cops and your ass is going to be in jail".
Why is breaking one law followed by reminders of jail while breaking another law is just considered living your life differently than others?
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It will not matter since this forum will not be around when Bitcoin crashes to zero tomorrow.
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The thing is, the only resistence point is $266.
We have been through everything from here to there already. No psychological barriers.
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It is done. I believe they shut down the blockchain today from lack of use. It was nice while it lasted.
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I think a wise guy once said "the love of money is the root of all evil"
To love a thing is to know and love its nature. To love Bitcoin is to know and love the fact that Bitcoin is the creation of the best power within you, and your passkey to trade your effort for the effort of the best among men. It’s the person who would sell his soul for a millibit, who is loudest in proclaiming his hatred of Bitcoin and he has good reason to hate it. The lovers of Bitcoin are willing to work for it. They know they are able to deserve it. |
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Yep, they have just popped up recently and from the sound of it they are catching on very well. They have their own subreddit here: https://reddit.com/r/bitspendI see them as a good business like BitPay. BitPay is working with merchants to get them to start accepting bitcoins. BitSpend is working with consumers to get them to start spending bitcoins. The better they both do, the better off we will be in the long run. And it allows me to more easily move out of government money. |
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didnt realize that! Thanks for schooling me!! haha maybe ive overreached! A lil good wishing maybe... (changed title and removed anonymous )  Edit: maybe from FinCen registered exchanges we could send coins.. mtgox has everyones details and a piece of shit from their dog so we are covered with the whole verification bit. The lines maybe be a lil florida-ish tho... The easy way to accept bitcoin donations for political campaigns is to require the donor to include their name, age, occupation, etc. which is required for a cash donation. The guy in New Hampshire did that after seeking the advice of the secretary of state. |
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Sorry but what happened or what have to happen on 4/20 ??
420 is a "pot" day of sorts, people like to get stoned out of their minds on April 20. I don't know the history of why though. tl;dr: (Wikipedia) The earliest use of the term began among a group of teenagers in San Rafael, California in 1971,[2][3] calling themselves the Waldos,[4] because "their chosen hang-out spot was a wall outside the school".[5] The group first used the term in connection to a fall 1971 plan to search for an abandoned cannabis crop that they had learned about.[4][6] The Waldos designated the Louis Pasteur statue on the grounds of San Rafael High School as their meeting place, and 4:20 p.m. as their meeting time.[5] The Waldos referred to this plan with the phrase "4:20 Louis". Multiple failed attempts to find the crop eventually shortened their phrase to simply "4:20", which ultimately evolved into a codeword that the teens used to mean pot-smoking in general.[6] http://en.wikipedia.org/wiki/420_(cannabis_culture) I don't think we'll see anything significant due to 4/20 being reflected on bitcoin. The volume that SR makes up isn't that large to begin with. But I certainly will be celebrating!  I was always told that 420 was the police code for busting someone with weed. It was all a lie! |
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As much as it pains me to say it, Bitcoin is not yet ready for a Western Union sized business to use Bitcoin.
They live in the world of fiat money and fiat accounting structures. They are able to balance credits and debits and show money on paper that they do not actually have, and still be able to spend that fictitious money because it will be there in the future.
They would have to do a huge infrastructure change to deal in a currency that has to exist to be spent. And they would have to come up with some huge operational steps to allow people or systems access to private keys to move bitcoins.
We are definitely in beta when it comes to companies using bitcoins. We have seen the early results when people did not yet use cold storage.
It would not be as simple as them just starting to accept bitcoin at their kiosks or paying out bitcoin in exchange for cash.
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Western Union Co. and MoneyGram International Inc. are studying ways their customers could use their services to send and receive money transfers denominated in bitcoins, the companies' executives say. "If Bitcoin continues to grow and the value is defined more internationally, we may find an opportunity for Bitcoin to be used to pay for commerce transactions through a Western Union business solution," said David Thompson, an executive vice president and chief information officer of Western Union. "We've been contacted by folks who are doing various things in this space to see if there's opportunities for us to help enable greater functionality for some of these [Bitcoin companies]," said Peter Ohser, MoneyGram's senior vice president of U.S. and Canada. "But we've not committed and don't have any imminent plans to announce anything." http://online.wsj.com/article/SB10001424127887324493704578431000719258048.htmlFull article: The fervor over the digital currency Bitcoin has drawn interest from two of the world's largest movers of money.
Western Union Co. and MoneyGram International Inc. are studying ways their customers could use their services to send and receive money transfers denominated in bitcoins, the companies' executives say.
Both companies run remittance networks commonly used by immigrants to send money to friends and family members in foreign countries. Western Union also operates a business-solutions unit that helps companies send payments to other businesses.
The firms have no immediate plans to add Bitcoin to the more-than-100 currencies in which each company processes transactions. But both say the increasing popularity of the virtual money has prompted them to consider whether they should make it available in the future.
"If Bitcoin continues to grow and the value is defined more internationally, we may find an opportunity for Bitcoin to be used to pay for commerce transactions through a Western Union business solution," said David Thompson, an executive vice president and chief information officer of Western Union.
The Englewood, Colo.-based company is primarily exploring ways its commercial customers may want to use bitcoins, Mr. Thompson said.
Bitcoin is the name for the peer-to-peer payments system that allows people to pay each other from virtual accounts accessed online and on mobile devices, as well as being the term used for units of the digital currency itself. Launched in 2009 by a developer whose identity remains undisclosed, the digital money isn't backed by any central governing body, such as the Federal Reserve, and allows users to remain mostly anonymous—save for their "Bitcoin address"—in transactions.
Buzz around Bitcoin has grown in recent weeks because of wild swings in the currency's value, driven by economic turmoil in the euro zone, outages at the largest Bitcoin trading exchange and U.S. Treasury Department guidance stating money-transmitter rules that apply to the likes of Western Union and MoneyGram also apply to exchanges and sellers dealing with the digital currency.
"We've been contacted by folks who are doing various things in this space to see if there's opportunities for us to help enable greater functionality for some of these [Bitcoin companies]," said Peter Ohser, MoneyGram's senior vice president of U.S. and Canada. "But we've not committed and don't have any imminent plans to announce anything."
While MoneyGram currently has no direct relationships with Bitcoin companies, its money-transfer agents can already help people complete the purchase of bitcoins if they have made arrangements in advance with a payment-processing company called BitInstant LLC.
BitInstant has a deal with a company called ZipZap Inc., which in turn has a relationship with MoneyGram to allow consumers to pay bills and purchase goods from online merchants with cash. That means a BitInstant customer can place an order for bitcoins on its website and then complete the transaction at a participating MoneyGram location with cash, the same way they would pay a bill.
The bitcoins purchased through such transactions can't be used to make a MoneyGram money transfer; rather, they are added to a person's BitInstant account, allowing the person to move the bitcoins to trading exchanges and other companies that accept the virtual currency.
Because a large portion of Western Union's and MoneyGram's customers initiate or receive remittances in cash, new digital payments services are often viewed as threats to their business. But in its current state, Bitcoin doesn't pose much of a threat, executives and analysts say, noting that the currency isn't widely accepted as payment and its value is extremely volatile, limiting its appeal.
So far in April, the value of one Bitcoin unit has ranged from $50.01 to $266, according to bitcoincharts.com. The Bitcoin market is valued at $1.03 billion, according to the site.
MoneyGram's Mr. Ohser noted that bitcoins are of limited use to many of the company's customers. About 95% of consumer money transfers done through its agents involve senders and receivers using cash.
"Remittances go to pay for housing and for food and for maintaining your family," he said. "If you're sending to a rural part of Mexico, my guess is that the merchant is not going to be accepting bitcoins. They want pesos."
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