Of course banks don't want you to use cryptos.  Why wait days and pay lots of money to transfer assets, in stead of just a few minutes at almost no cost?

Yes, it looks shady.  There are already some good companies out there for this, just use those guys.  I always stay away from the new kids, until they become proven to be trusted.  Right now I think LBC is a good place.

So yeah what makes this different from the other shit coins out there?   Is it just me or is the article a bit lacking on the details?  I would like to know so I can avoid scam coins lol.

And ocminer, if that is the case then I will be rich because its been nothing but crap in my life so far

I think the price of btc, since I assume we are talking about that, will bounce in the low 270's.  But I am no expert so don't bet on my advice

Yes.  The rates are still low because they know if they raise them, the asset bubble will burst.  I would say we are in the eye of the shit storm.  They could fix it by making regulations, or just simply putting back some old regulations (Glass-Stegal anyone?).  But no.  Mr. Hope and Change in stead put the same goldman sachs asshats in charge, we get no good regulations, and the problem still continues.  Welcome to the new world order.

OK, I agree, but what if you had a bot that played with the averages?  What I mean is, over time assuming that the site is legit, your win % should approach 49% right?  So, what if a bot waited until there was a large statistical anomaly, like your % in the last hour was only 45% wins or something?  I do understand that past rolls don't make the math for future rolls any different, but it seems to me that you should trend towards 49% right? 

But yes, I agree that using a bot for dice is dangerous.  Good luck though, I hope the OP makes money with it!

Yes.  I forgot the exact year, but I think mining stops like 2120 or something?  So you have a long time

If you are thinking of mining check out the forum section on that.  But basically your main limiting factor is the costs of your electricity.  In my area it is 20 cents kwh base plus scaled with use, so even if I got all the hardware for free I would still lose money.  There is a lot more to it that that, but if you have high costs like me then you might want to check out Bitmain's services instead.  You can buy one of their machines and they will host it for you, you pay a maintenance fee but you can still make money with it.  Some people will tell you not to bother mining because you can't do it anymore.  This is obviously not true, but you should be careful to look at the numbers before spending the money on it.

Edit:  there you go, LTCguy always with the best graphics and things!

AFAIK they will only get you if they tell you they will do something illegal.  Like you sell to them and they tell you it is for drugs.  If that happens then cancel the transaction because they are under cover agents.

The Burt case is a little different, where his money was seized.  I don't really understand the law, but basically if you have any money on you, of any amount, cops can just steal it because they "suspect" that you are going to use it for something bad.  They can do this without due processes.  So if you use lbc, be careful to not carry lots of cash.  You may want to use electronic transfer methods in stead of physical cash.  I think the laws are vague, so basically if the gov wants to screw you then they can, and you can't do anything about it.

Look at different exchanges, they all have limits on what you can buy.  Also look at the fees, they can eat in to your money.  Right now it seems like cex.io has the lowest fees, but I didn't look at every exchange.  They don't charge anything except their regular trading fees.  So you will end up paying for wire transfer fee(s) and .25% to buy btc.  There may be better but that is the best I found.  Also before buying look at the order books.  There is no point in making a price spike because you will pay more than you need to.  With that size I think that what others have said, making smaller purchases at multiple exchanges, is your best option.  If you use LBC just make sure you are not getting too much markup, the % can be (but is not always) pretty steep there if you are not creating your own order.

Best of luck!

But did you check the price for entry, myself I would rather get the cat or something for that price.

Take a look at the different exchanges, some of them are offering interesting benefits like debit cards now.  The way you get money in is usually a wire, but you can use ach for coinbase I think, and in Europe they have the same thing but it is called something different.  You can also use Localbitcoins to get some as well.

This is too much.  SO what if they had a valuable collectable in the safe box, like the original beanie baby or something like that?  Maybe a comic book like superman #1?  Would they take that too?  Time and time again through out history it has been proven that holding too much of your wealth in a bank is a bad idea. 

Does it seem like that number of transactions on the atm is kind of low?  I would have expected more transaction in the first day, but maybe people are still finding out about it.

But whether you pay in btc or cash changes nothing.  I am starting to think that the bad press for bitcoins is encouraged by banks, because anyone knows that you can still buy prostitutes with cash, you don't need cryptos for that.

Hi IDK if you saw this problem or not.  But it is possibly a bug so I wanted to point it out again.

I don't think it matters very much.  For the banks and other main stream entities, btc has been demystified.  I never understand why it is a problem when someone uses bitcoins for illegal activities.  If you have a dollar in your pocket that is older than a year, chances are good that it has been in the hands of a criminal of some kind.  So why all of a sudden does it make a difference for bitcoins and not dollars?  The whole thing is just silly.  No matter what there will always be a black market, and you can pay in cash just as easily as btc.  Plus imo cash is more "anonymous".

Somehow I doubt that russia will adopt bitcoin as a national currency lol.  But if this is true it can only be a good thing for wider adoption of coins.

But I wonder how the math works out?  Would they really make enough to cover the cost of the attacks?  The tx fees are really small, and to get your tx priority does not take very much increase.  So I wonder even if they did make money on it, would it be enough money to make it worth while?

Check out Localbitcoins, I think that is the best place. But you will have to pay a premium because no one wants to accept pay pal.  It is reversible so it is easy to get scammed as a btc seller.

AFAIK coinbase is the only one that uses ach.  I have seen goods on LBC as well as cash.  Purse.io lets you buy crap from amazon and ship it, and trade that for btc.  I never used this but it is supposed to be a good service.  I think for you the best way is to get a money wire from the bank to an exchange, I like cex.io, and then buy the btc that way.  There is no cheap way to do it, even ach with coinbase they charge you a huge 1% fee.  Maybe in the future you can get smaller fees but right now it is expensive to get in to bitcoins, unless you want to buy a large amount.  I like cex.io because they do not charge a fee on top of their regular exchange fee for money wire.  So you have to do the math but it might be your cheapest option as far as fees go.

Wow yeah look at that distribution.  Looks like someone is trying to get rid of accumulated coins

You might be able to make money riding the waves, but be careful not to buy too much of them, or you will become the biggest holder!