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Instawallet is just a bunch of crooks. Not a second after the currency goes through the roof do they pull a Cyprus on all the users. If you have over 50 btc your refund will be accessed. That's bull... you better have used fake information because if your real name ever got out.. Wow.
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This is pretty awesome. But are you the Jay Leno of The Tonight Show?
This is very important to know. Hi, No I am not Jay Leno but I do watch the show often. |
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Fiat currency has brainwashed you!Ok, it brainwashed me too... The simple question is: What unit of account do you use when you put a monetary value on something? Say an hour of your time doing something not-so-fun but at which you're good (like what you do to earn a living). What's it worth? Do you use a fiat currency for the answer? Is it hard to use something else? That is the effect of fiat currency brainwashing. Don't feel bad. I have a hard time using stuff other than dollars to value my time (and everything else), but I'm aware of the problem and always looking at ways to solve it. The owner of voluntaryist.com turned me onto Erik Voorhees' blog, which helps a lot to show the value of bitcoin without ever insinuating or implying that fiat currency has any value. It's not about me personally being brainwashed. Quite frankly I understand that what I think doesn't really matter one way or another very much. I tend to be clear headed and optimistic. The problem with that is that most others aren't for whatever reason. So it's about the mob mentality and if everyone is saying left is right then well.. it is. If everyone is brainwashed by fiat then unbrainwashing everyone is going to be a very difficult task if that's what its going to take for BTC to succeed. That aside, your question is too tempting not to answer. Without using fiat or btc I'd say an hour of my time in food is worth a fast food combo meal, pack of smokes and one day stay at a 1 star motel. |
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His majesty the King Cuong V Truong wants to know:
1. What will happen to Bitcoin when the 21 million coins are produced?
2. What will happen to all the Bitcoin miners when the 21 million coins are produced?
Who cares we'll all be dead by then |
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Hoarders? You've heard of BitcoinJam right? If you feel that way then go lend your coins to startups and people there you filthy miser  I think it all depends on how the dev team handles it and the community remains pretty anarchistic Bitcoin will probably do well, but I'm feeling fairly cautious right now, I'm still betting on Bitcoin because it's a wise move and really damn cheap right now  , but when I can afford it I'll probably diversify into gold and silver. Yeah.... The only reason Diamonds are so expensive is becuase debeers has like 1,000 tons of the stuff locked beheind closed doors in Antwerp. Scarcity = Values.... HELLLLOOOOOOO Adam Smith! Scarcity, so you are saying that horders are artificially inflating the price of the currency basically, right? That was my original concern... Thanks for your perspective. On another note, I just want to say I'm not trying to start an issue here. I am just an average Jay considering investing in Bitcoins and this is pretty much my main major concern. If horders and losers, (in the sense of losing their bitcoins) really build up there won't be enough liquidity to attract major retailers. I wish the currency itself could increase its value on a fix scale much like it's quantity does as well. |
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I appreciate the Jr and Senior members of the board chiming and addressing my concerns. I'm not sure if there's a study on mob greed but I can't ever recall it being a good thing. Of course I do feel very pleased that no major websites have accepted BTC yet, that seems like another milestone domino just iching to fall. Also the MSBNC types are advising people not to get involved, which is another good sign because they always lead their viewer astray. We will see how it goes.. everything's a risk, but its always interesting to get the opinion of those with more experience.
Wordpress and Reddit are fairly big websites. Nah.. I mean Wordpress was free from what I thought.. and well Reddit is free too. I mean they aren't very ecommerce driven sites. When I say big I'm thinking. Amazon (unlikely have own currency), Ebay (impossible), NewEgg, EastBay (shoes!), Walmart.com, Apple.com, etc... The sites that rack in huge money online and are all about moving product. Well, you should have specified "commerce" websites.  But you do see my point that there are still many milestones out there to boost the currency to greater highs, right? |
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Awesome job with BitSpend.net. Simple idea and perfect execution. This is the kind of thing that will bring Bitcoin to the world.
Just wait! You guys haven't seen anything yet  James, our head of top-secret-stuff, is about ready to allow me the honor of releasing our newest features and I cannot wait! What we have coming will completely streamline the process of ordering with Bitspend, and will make ordering anything with Bitcoins easier than ever before. We look forward to serving all of you in the Bitcoin community, and allowing you to finally spend those Bitcoins on anything, anywhere! Can you use 3rd party escrow with BitSpend? |
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I appreciate the Jr and Senior members of the board chiming and addressing my concerns. I'm not sure if there's a study on mob greed but I can't ever recall it being a good thing. Of course I do feel very pleased that no major websites have accepted BTC yet, that seems like another milestone domino just iching to fall. Also the MSBNC types are advising people not to get involved, which is another good sign because they always lead their viewer astray. We will see how it goes.. everything's a risk, but its always interesting to get the opinion of those with more experience.
Wordpress and Reddit are fairly big websites. Nah.. I mean Wordpress was free from what I thought.. and well Reddit is free too. I mean they aren't very ecommerce driven sites. When I say big I'm thinking. Amazon (unlikely have own currency), Ebay (impossible), NewEgg, EastBay (shoes!), Walmart.com, Apple.com, etc... The sites that rack in huge money online and are all about moving product. |
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I appreciate the Jr and Senior members of the board chiming and addressing my concerns. I'm not sure if there's a study on mob greed but I can't ever recall it being a good thing. Of course I do feel very pleased that no major websites have accepted BTC yet, that seems like another milestone domino just iching to fall. Also the MSBNC types are advising people not to get involved, which is another good sign because they always lead their viewer astray. We will see how it goes.. everything's a risk, but its always interesting to get the opinion of those with more experience.
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I know that I will die of starvation, homeless on the streets, before I sell a single Bitcoin. So... yes.
To be honest looking at the numbers if this ball keeps rolling I'd agree with this philosophy. I'd hate for it to be worth 1000 bucks one day and I look back at using 1 to buy a 50 dollar Walmart giftcard or a pizza. |
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 Yes Sir! |
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It seems like everyone is in this for the end game. That is the currency being very scarce and worth lots of money, IE. hoarders becoming rich. But if it appreciates so fast and everyone wants to just hold on to it. It isn't very liquid a commodity is it? Those people exchanging gift cards for bit coins etc, turn around and do what? Do they cash in their bitcoins usually for a marginal profit? Seems like hoarding might be artifically inflating the price of the currency. Just looking at the charts it seems 17 dollars is a more practical figure. Thoughts?
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What is an IXCoin.. If it aint bit .. quit
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Echelon is the program that I use. I have my sentence pattern memorized, it's extremely easy I'm just worried that this is some kind of open source back door. But so far my few coins are safe.
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I have been reading for days or is it weeks ! and final joined the forum. While I am new to all this I love the idea of getting my hands on a FPGA board but need to do lots more research 1st  Currently mining with an old GFX card to help me understand "how things work" Happy Mining all ! Rat. I admire your passion. Bitcoin is a hit right.. good luck |
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