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6101  Economy / Trading Discussion / I sold out yesterday hoping it would fall.. on: November 22, 2013, 08:04:25 PM
Bitcoin hasn't fallen like I thought it was going to. I had a buy order in at 500.. Do you guys think it will ever go back to 500? Im scared because every second that passes, I am losing fractions of bitcoins. Please help. I know almost nothing about trading and I need help because I have no idea what I am doing. Thanks
6102  Bitcoin / Bitcoin Discussion / Re: [ATTN N00BS getting into bitcoin] Stop what you are doing and read this on: November 14, 2013, 08:44:15 PM
The site is new that could have something to do with it.. If you guys see how its malicious, please, I need to know so I can fix it. Thanks
6103  Bitcoin / Bitcoin Discussion / Re: [ATTN N00BS getting into bitcoin] Stop what you are doing and read this on: November 13, 2013, 05:16:57 AM
What? Seriously? Do you have a screenshot?
6104  Bitcoin / Bitcoin Discussion / [ATTN N00BS getting into bitcoin] Stop what you are doing and read this on: November 13, 2013, 02:03:07 AM
Here is a really good article for people getting into bitcoin. It has a load of information and cites many of these threads as its sources. It answers most questions people might have if they are just starting to get into bitcoin and offers some insight about its price vulnerability.

I am glad to research information and give it back to this community. I have learned so much about bitcoin and I think it is here to stay but we all need to participate. It is people like you and me that make things like bitcoin work. Lets keep it going felllas! Let's all get rich on bitcoins!  Grin

Article: http://robotmoola.com/bitcoin-bible/

Happy trading! ~.~

6105  Bitcoin / Bitcoin Discussion / Re: U.S regulation on Bitcoin fundamentally cannot work on: November 11, 2013, 05:37:31 AM
Quote
There will be no need for taxing citizens. If the world embraces bitcoin, then privatization will become the new norm. Governments will be dissolved and most of the functions performed by the Government will be taken over by small businesses instead. Crowdfunding will enable people to fund companies that want to build roads, bridges etc without involving a middle man (a.k.a the Government). Accountability and transparency will be greatly improved.

I completely agree with you and this is the way it seems things are heading all on their own, It helps that we remain avid supporters, but the following is so big right now, trying to drown out bitcoin would be like trying to kill a catfish. Its not happening, it will die on its own in due time. But that time, judging by these trends, looks like it could be a while before we see something replace the bitcoin.
6106  Bitcoin / Bitcoin Discussion / Re: U.S regulation on Bitcoin fundamentally cannot work on: November 11, 2013, 05:18:01 AM
We are talking about the entire currency system in the U.S collapsing. I'm more interested in how long its going to take to get there.

with respect: i can not see how this will ever happen (i know a lot of people claim it, but i have never seen anyone giving a good argument for how it will happen). It would also not be a good thing.

Much as people disslike some aspects of the "western countries" that they/we live in, on a whole, they give us a good life and much better than some poor countries/people.
If you take too many of these "good life" things away from us (and a collapse of currency and government) and then your/our country becomes like Somalia (or worse) where there is little/no law or the law is made by the gang of thugs with guns...
(i dont like my Prime Minister, mainly because he is a dick, but i would not swap him or our governments shit ways for that of Somalia's or a country with no laws or economy)

If the dollar collapses, that does not mean our government will collapse. People will still be honest and pay their taxes as they have for generations.. The good argument behind the currency collapsing would be simple demand theory. If no one wants it anymore its worthless. If hte government makes it less profitable to use their dollar over someone elses dollar (a bitcoin) on a massive scale, people are going to move away from fiat money. It makes total sense and the argument is valid
6107  Bitcoin / Bitcoin Discussion / Re: U.S regulation on Bitcoin fundamentally cannot work on: November 10, 2013, 10:19:26 PM
I agree it make will make it harder for them, which of course is great, however I think they could still exist and tax even in an exclusively bitcoin environment. I'm not expert and haven't spent anytime thinking about but even I can think of some ways.

How would this work if it turns out that nobody even wants fiat anymore? The governement wouldnt be able to do anything about it. Fiat money has been around in the United states just shortly after 1971 when we got rid of the gold standard (don't quote me on that). The way the U.s Dollar is set up.. Its still young.. and its failing miserably. In the few years fiat currency has been around in the United States, there has been more inflation than the entire century of turmoil between the Napoleanic wars and WWI. The time is now coming where people are beginning to see the dollar is ultimatley going to fail and knowing that they take measurments to prepare. Bitcoin is a small example. Have you guys heard about 3d printing? Technology is crazy right now, and its only getting better faster.. We are in for an interesting ride the in the next 50 years
6108  Bitcoin / Bitcoin Discussion / U.S regulation on Bitcoin fundamentally cannot work on: November 10, 2013, 09:32:16 PM
BTCecause of how bitcoin works, even if the government wanted to put regulations on trading bitcoin in and they would not work. What is stopping me from giving my neighbor cash at the end of the street for his bitcoins? How can the government ever be aware of transactions like that?

Bitcoin is truly amazing. Not just the idea itself, but what it represents to the world and its people. There was a time period in the U.S, much like the time described in the book "Atlas Shrugged," when the producers and free thinking part of society gave up because of all the government regulations. It seems they didn't die. They just went into hiding and "John Galt" is back now. His name is Satoshi Nakomoto.

Already, after recent political threats hit the media, people have went to work thinking of ways to combat the system is anything ever were to happen. I just read about a frickin' "black wallet" being created?.. Its crazy whats happening in the world right now.

I have been talking about this very same subject with a few of my peers and some agree with me but some say if the government wanted to they would put a stop to it. Haha one of my friends went as far as to say the government will start killing people. Idk maybe thats not too far fetched.. We are talking about the entire currency system in the U.S collapsing. I'm more interested in how long its going to take to get there.

Shout out to all the bitcoin supporters out there. This movement would be nothing without you guys. Shout out to the miners for not creating selfish pools that screw everyone yet lol. And shout out to the people who say Im crazy for buying bitcoins. I need people like you so my agenda gets boosted exponentially when bitcoin hits 1000. Do you even bitcoin? Come at me bro

6109  Other / Off-topic / Re: Bitcoin Contest for Mainstream Movement on: November 10, 2013, 03:45:53 AM
Let's hope so! Smiley Pot is currently around 30 dollars Cool
6110  Other / Off-topic / Bitcoin Contest for Mainstream Movement on: November 09, 2013, 05:46:38 AM
You all have helped me learn so much about bitcoin here that I decided to give back. I made a site and created a bitcoin giveaway to the 500th commenter or a random pick happens a year from now if 500 comments are not met. This is an effort to make bitcoin go mainstream quicker, and I am giving away my own bitcoins. This thread will be updated from time to time to keep everyone posted

http://robotmoola.com/bitcoin-contest/


Happy trading! Smiley
6111  Other / Beginners & Help / Re: Best way to keep your wallet safe [Advanced tutorial for n00bs] on: November 08, 2013, 09:51:53 PM
It must be a problem with the page cahing of google, it will be better in a little bit. Should be better now. Cache was updated
6112  Other / Beginners & Help / Re: Bit coins go mainstream at lightning speed? Gov't in fear of economic shutdown on: November 08, 2013, 07:40:40 PM
I compteley agree! Smiley Oh and thanks for the article, it's really a good read
6113  Other / Beginners & Help / Re: Best way to keep your wallet safe [Advanced tutorial for n00bs] on: November 08, 2013, 05:45:30 PM
i've yet to see a good for-newbs tutorial on how to store an offline wallet.. maybe i should do it.

This tutorial LITERALLY spoonfeed this information to the reader well enough that my four year old could do it. Its just a long process when you dont understand some things. Thats why it guides you the ENTIRE way. There is no better method. This one works bar none. It is uncontested. The only way someone could get your password with this method is if you PHYSICALLY gave it to them.

Whats so hard to understand about it?
6114  Other / Beginners & Help / Re: Best way to keep your wallet safe [Advanced tutorial for n00bs] on: November 08, 2013, 05:38:40 PM
Your link only have title but not have any article to read

What do you mean there is no title? It works fine for me
6115  Other / Beginners & Help / Uncle Sam, do you even bitcoin? Come at me br0 on: November 08, 2013, 03:05:15 PM
In attempts to get more of the mainstream involved in bitcoin so the overall success of it continues, I made a graphic that parrots the "do you even lift?" guys. Hopefully it catches on. Do you all have any suggestions as to how I could make it better? Thanks

Do you even BTC?

http://robotmoola.com/do-you-even-bitcoin/
6116  Other / Beginners & Help / Re: Best way to keep your wallet safe [Advanced tutorial for n00bs] on: November 06, 2013, 03:08:38 PM
Thats why you create a public and private directory.. Did you read the article?
6117  Other / Beginners & Help / Best way to keep your wallet safe [Advanced tutorial for n00bs] on: November 06, 2013, 02:54:59 PM
I have been reading around the internet about ow people's bitcoins are being stolen left and right. I think it has a lot to do with the high influx of new people to bitcoin recently because of all its media attention. What I did was look at different ways to secure your wallet..

Apparently there are apps for this and it can be easy, however this method ENSURES your safety because you do the entire process offline (pass key creation and encryption) and then save your info to a flash drive or wherever you want to store it. The other methods, I believe, run while a network connection is active, which means there is still a possibility of being hacked. This tutorial stops any of that from happening. The only way anyone could EVER get your password is if they literally extorted you for it.

Yes, it is long. Highly effective though. Hope you found this information useful. Here: http://robotmoola.com/cold-storing-bitcoin/

Happy trading Smiley
6118  Other / Beginners & Help / Bit coins go mainstream at lightning speed? Gov't in fear of economic shutdown on: November 02, 2013, 09:10:19 PM
From what I am reading, the coffee shop that used that new machine for the first time ever in the world did over 10k in transactions (BTC) the first day and over one third of the 81 people who used the machine were completely new to Bit coins. If this trend continues, bit coin could possibly render the dollar useless and it just doesn't make sense to me that the government would allow this to happen because this new decentralized currency threatens the survival of the dollar, doesn't it?

I don't know too much about economics and Im still in college learning how to be a scholar, so could someone please enlighten me? This article was really informative, but now I have way more questions than I started with.  Huh

If you are smart and read up on bitcoins please join this thread. Thanks

Article: http://robotmoola.com/going-mainstream-fast-bit-coin-atm-hits-coffee-shop-in-vancouver/
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