which do you prefer to purchase tech from online?


1) TigerDirect.com
2) NewEgg.com
3) CompUSA.com

http://www.reuters.com/article/2014/04/14/us-usa-crime-bitcoin-idUSBREA3D1RU20140414

(Reuters) - Prominent bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road.

Shrem, known as one of the digital currency's most visible promoters, is accused of conspiring with a Florida man, Robert Faiella, to sell more than $1 million in bitcoins to the users of Silk Road despite knowing that it would be spent on illegal uses like drug trafficking.

Both Shrem and Faiella face charges of money laundering, conspiracy and failing to file suspicious activity reports with government banking authorities, according to the indictment filed by Manhattan U.S. Attorney Preet Bharara.

 
  
Shrem's lawyer, Marc Agnifilo, and Faiella's lawyer, David Braun, did not immediately respond to a request for comment on Monday.

Federal authorities shut down Silk Road last year, and prosecutors from Bharara's office have charged Ross William Ulbricht with operating the site under the name "Dread Pirate Roberts."

Shrem, 24, was arrested in January and stepped down as vice president of the Bitcoin Foundation, a well-known trade group, soon after. He was previously CEO of BitInstant, a bitcoin exchange company that enjoyed financial backing from the twins Cameron and Tyler Winklevoss but closed last year.

Bitcoin is a digital currency, not backed by any government or central bank, that fluctuates in value according to its users' demand. Users can transfer bitcoins to each other online and store the currency in digital "wallets."

Authorities have vowed to pursue those who use bitcoin to complete illegal transactions, while regulators are still grappling with their approach to the nascent currency.

The recent failure of Japan's Mt. Gox, which filed for bankruptcy after apparently losing hundreds of millions of dollars worth of bitcoins, has underscored concerns about the currency's long-term viability.

Shrem will be arraigned on the indictment on April 29, according to Bharara's office. He faces a maximum prison term of 20 years if convicted on the most serious charge.

GREETINGS XENOPHOBES!

You -- YES YOU!

You are the reason BTC has NOT taken the world by storm.

You heard about bitcoin 1,2 maybe 3 years ago. You spent 180 hours STRAIGHT with no sleep drinking mountain dew so you could understand every possible intricacy of all that is Bitcoin!

You have kept up to date, you PREDICTED the fall of MT GOX, YOU FIGURED OUT WHO SATOSHI was before anyone else, you get a google alert for Bitcoin BTC and even the letter B!

You own a Bitcasino or BitFaucet (and make sure you post often so that your signature advertises it!)

Kudos to you, as you were...well to use internet forum jargon "FIRST!"

Good for you...you knew before anyone, you still know.  You are current on hashrates, conversion rates, highs/lows, ASICS, S1/S2, satoshi, cross currency transactions, up and comers like 42, has beens, wanna bees...i mean you "get it"


Too bad for the rest of the world.  When they come around, they have a lot of catching up to do.  But we can count on you.  We can count on you to try to give yourself some self worth by attempting to lower the worth of others.  You will resort to name calling and picture posting.  Ask them if they "are mad, bro".  Call them "noob". Even really show how unintelligent you are by calling them "autistic" or "retarded" and using it as an epitaph (how asinine and insensitive is that?). If all else fails, call them a girl or child...and finally, use lots of profanity!

You see, when people come to "check" out bitcoin on forums like this, you will be quick to tell them how anything they say is unoriginal as you have been there and done that and already discussed it a year ago already *yawn* how boring for you, right?   You will let them know that they should use the search feature of the forum and spend hours searching years of posts to try to find one that manages to address their unique CURRENT question or comment.  You will be sure to tell them to use google, and search through the 10s of 1000s of web pages created by bitcasino and bitfaucet sites to try to find a legit answer that is actually up-to-date.

no the government, IRS, CHINA, Market fluctuation etc


None of those things stop bitcoin from being readily accepted and used...

it is those who have self appointed themselves as all-knowing gatekeepers.  Those who ruin it for the sincere humans who participate in BTC.  Those who are lonely little angry trolls with way too much time on their hands and way too little sense to use it productively.

In the real world - for the average person BTC is not EVERYTHING, and people have lives, family, friends, businesses...and not enough time or interest to find out who Satoshi is and what the Master Plan for BTC iss.  They just want practical application. 

Trolls attack enmasse all those who are "new" and drive away many big players who could make a big difference in adoption.

Xenophobia - thats the problem...and each person is either a part of the problem or part of the solution.

I can only imagine the nonsense that will be posted in defense of the "clique"....so i better unwatch it now.

Based on VOLUME of trading and USD Value of COIN

BTC is clearly #1

based on same criteria who is:

#2
#3
#4
#5


(not YOUR PERSONAL FAVORITE or who has most POTENTIAL -- but who TODAY has the trade volume and $ equivalent)

Thanks!

I just learned about the 51% attack.

People say it can't happen because "everyone loves BTC" 

= Who would do that?
= WHO would have that much money to waste just to kill BTC

Seems to me that $60-$100 Million offered @ $10 MILLION Each to 6-10 mine pools would do it...then no more concern about CRYPTO

and BTC is large enough that the media spin on it would count as an EXAMPLE to the masses that crypto doesn't work (perception is reality) and should be stayed away from?

What do you think?

1) Why only 21 Million?

OK to stop debt and to stop hyper inflation...the problem is

There are so MANY transactions that go on during a day on this planet, how can so few units accommodate so many transactions.

2) And What happens to all the "lost" bitcoins.


I count LOST bitcoins as ones that a person had but:

- they "lost" the BTC (hard drive crash, paper wallet lost/illegible)
-the person DIES
- the person is on a long vacation or jail
- the FORGETS the wallet or key (maybe goes off to university)


These kinds of things happen with traditional currency...so ultimately the POOL of available bitcoin (even after all 21 million are mined) will shrink and shrink and shrink...while demand is growing...

Isn't this counter productive?

3) Why not a LARGER number....like 500 Million?

I am just asking how this came about and if there was any forward thinking involved.

IF i started a country on an Island, I would understand our assets could grow (to back currency) so I would ultimately make more currency (without causing inflation/debt)

4) what is to stop a FIAT based off of BITCOIN, once only a few hoarders have all the available coins?

It seems to me that there are a lot of companies saying they have x number of TH/s on their sparkly ASICS farms. They do the mining (you don't do any) with their machines and power.

And all you have to do is buy a "contract" for a year or two to help cover the costs.  They will pay out daily or weekly a portion of the bitcoins they mine.

Sounds good in theory.

Here is my question.

ARE PEOPLE MAKING PROFIT? (besides the owners)

To get a few satoshi a day or week, can take a long time to get to the break even point.

IS THERE A such a MINING sharing company that you actually will MAKE MORE than you put in?

Which company is actually doing this (restrictively) so ALL members actually make a PROFIT?

or does that not even matter to the people spending money?

Is it possible for someone to give me fake or stolen bitcoins?

How long do I wait to make sure a BTC is "legit" and truly mine?

I will sell Guaranteed Visitor Traffic to any website for BTC.

Price is $1.50-$6 per K in small quantities

$2-$4 in large quantities

Any Country
Any Target

SKYPE/GMAIL: iGROWyourBiz

Thanks

What would be the MINIMUM amount of Hashes per second would be necessary to make "mining" worth it?

Worth it is actually getting coins in a reasonably short amount of time.

What is the cost to get that many Hashes?

If someone is not willing or able to invest in FULL TIME mining?  should they bother?

What product or service do you wish was readily available for you to purchase with bitcoin?

What is the biggest barrier you think prevents it now?

Mcan someone help test our shopping cart implementation

contact me on gmail or skype: igrowyourbiz

Hello,

I am new to mining (2 days)

i have a question about mining

I am a web host that owns multiple servers.  None are ever allowed to be maxed out in capacity.

Is there a tutorial on how to efficiently mine using a web server (they generally have terrible graphics cards but plenty of processing power)

I am guessing that a good miner will use whatever capacity is available on the server 24/7 (i already pay for electric on it!)

During peak times it would mine less, and off times mine more.

Is anyone doing this?

I am a part of the slusch pool service currently. So I am thinking i could set up a new worker on each server. 

Anyone think it could mine enough to cover the cost of a server and i could actually dedicate servers to this?

Thanks in advance