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1761  Bitcoin / Bitcoin Discussion / Re: Paypal is growing faster than Bitcoin on: January 22, 2016, 01:47:24 AM
Paypal is universal and you do not have to convert to get money that you can use right away.
It can be linked to your bank account so there is no need for any middle man to do any sort of transaction. This is were bitcoin lacks in it's usability unfortunately.  Undecided
1762  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: January 21, 2016, 11:27:02 PM
It matters a lot, as that's what drives what it's worth day to day.
If it didn't, I don't think most of us would be here including myself.
The ones that would be left would be seeing it as an experiment and waiting for it's result.
1763  Economy / Currency exchange / Re: I have $100 paypal balance want to buy BTC on: January 20, 2016, 12:59:14 AM
If you would like this done pm me when you get online.
I have done several paypal transactions with somewhat new members here.
I will give you the benefit of the doubt.
1764  Economy / Speculation / Re: The price is below 400$, What next? on: January 20, 2016, 12:43:23 AM
I guess the price will touch the old low soon, or maybe a miracle will happen and we see it go up again.
What was that old low that you are saying that it was. You mean from this time last year  Cheesy
I highly doubt that but it has gone down $10 in the last 4 hours since I bought some, regretting it now  not waiting abit longer to have done that.  Undecided
1765  Economy / Speculation / Re: The price is below 400$, What next? on: January 19, 2016, 04:20:54 AM
I doubt. All the cryptsy situation is known and they confessed they can't pay, so things can't get worse unless someone discovers that they stole their own coins or something like that
Yes they have been sued so more facts will be exposed during the court hearings as the judge would like to know all and everything about this company and it's procedures while it's business is still running.
I would assume the judge would like to throw the book at them for as many faults they have done and as many they can find in open court.
1766  Other / Off-topic / Re: Do you actively spend your bitcoins? on: January 19, 2016, 02:05:26 AM
Yes. I spend them as I am not wanting them to lose its value after I receive them. I try to use them on a daily basis since they are easy to transfer and I don't have to wait 2-5 business days like what the banks do when they transfer funds around. Them holding those funds can be spent doing something else with your money.
1767  Economy / Trading Discussion / Re: best way to convert altcoins to btc? on: January 19, 2016, 02:02:40 AM
I would say shapeshift.io is a solid way to do it as they offer countless kinds of alt coins to choose from to turn into btc or the opposite if you choose.
Everybody says they are high fees they charge but you save the time to open an account as it is an automated instant process.
1768  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: January 19, 2016, 12:02:57 AM
Not when the people who believed in bitcoin's inception keeps going towards the cheese that the banks keep dangling infront of their faces. Roll Eyes They have deep pocket to pay them as much as they want to work for them. Hence, this policy person that was working at coinbase getting on to try and obliterate bitcoin's growth.  
He did this back on Nov.23 2015 but it is up in the news on coindesk now for some reason.  Undecided

http://www.coindesk.com/coinbase-hires-former-senate-aide-house-congressional-liaison
1769  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 10:43:44 PM

Why did it take this long to reveal the perpetrator's information. It has been nearly a month now. Now the end of this can be filed away with and closure can be had for the ones that can now go to his door and demand payment either in person or by a lawyer in that guys country.

I think it worked out for the victims since he obviously feared the doxxing. They received back around half of their damage. I believe when he would have been doxxed then there would be no reason for him anymore to pay back. He would wait until he gets sued since he was doxxed already anyway. Damage done, nothing to fear anymore. Because chances are really not small that he would have been sued never.
So this is probably why he paid back half of the losses so nobody can sue him for being under the allowed limit to be able to sue in his country. I think it has to be an amount over $5000 usd which is probably a lot more in Canadian exchange to be able to put up a case per individual to claim it as damages.
1770  Economy / Speculation / Re: The price is below 400$, What next? on: January 18, 2016, 10:36:29 PM
there are actually quite many support lines between $400 and $350 and one of them should definitely stop the correction. $380, $370 and $363 are the levels to watch. In my opinion we would need something really big to break below $350.
price will drop by $25 in the next 4-5 days. I keep on reading the same support here, support there. Price drop is inevitable
Price drop by $25 is exactly in line with what I wrote above.
Not one big price drop all at once, that would mean something very wrong has happened. And it seems that anything relating to bitcoin is on hold at this time and has not been revealed in the news yet. Cryptsy, Russia banning it, China economic meltdown hence all those mines lost all those are in limbo and nothing has happened there yet.
1771  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 10:30:44 PM

If he doesn't know what that is Cheesy
Why did it take this long to reveal the perpetrator's information. It has been nearly a month now. Now the end of this can be filed away with and closure can be had for the ones that can now go to his door and demand payment either in person or by a lawyer in that guys country.
1772  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 09:44:43 PM
This thread has not been resolved yet  Shocked
I was here since the beginning of the masterp scandal but have not looked at the thread for 2 weeks.
He was going to pay everybody back one by one. I guess he ran out of funds to accomplish that task.
I can not go thru 66 pages plus to figure out what happened(I think I stopped at page 40). Is there a cliff notes type thread. Or is someone waiting until this saga is done to write a novel about it?

Master-P scammed ~24 BTC, returned ~half of it, stopped responding. Hardly enough for a paragraph let alone a novel.
I'd say. Thanks for the short but brief run down. If it goes onto 100 pages here I would think there is more to this then what is showing just on the few threads created. This story seems to be far from over and I think Gleb gave up on this one since masterp has already payout out half of what was owed.
1773  Economy / Exchanges / Russia - Bitstamp bans access to them temporarily on: January 18, 2016, 09:40:58 PM
Russian officials want to pass a bill to stop bitcoin from entering into their country:
http://www.coindesk.com/russian-minister-confirms-plans-to-ban-bitcoin-to-fiat-conversions

Bitstamp seeming to do this from advisory of those officials:
http://www.newsbtc.com/2016/01/18/bitstamp-bans-access-from-russia-temporarily

"It would be better to stop the spread of bitcoin." Says Russian government:
https://www.cryptocoinsnews.com/it-would-be-better-to-prevent-spread-of-bitcoin-says-russian-official

This is disconcerting to almost all new adopters to bitcoin. It will be hard to recover if this bill does pass, then more countries will consider doing the same. China since they are communist I would see next to do this if Russia does. That is number 1 and number 2 largest countries in the world.
1774  Economy / Web Wallets / Re: Blockchain down for anyone else? on: January 18, 2016, 09:33:02 PM
blockchain made statement they they are under doss attack
I thought something was up. I was withdrawing from my account and it always puts the hash up almost instantly but this it took 25 minutes to show up and that isn't even seeing 0 confirmations.
1775  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2016, 09:31:14 PM
Russian official wants to ban bitcoin entirely. If that passes. They have the largest population and even if 35% have been using it that is a large chunk of bitcoin users.
Watch the price drop on that news.
1776  Economy / Scam Accusations / Re: Master-P SCAMMER. I lost complete faith in this forum now. on: January 18, 2016, 09:27:14 PM
This thread has not been resolved yet  Shocked
I was here since the beginning of the masterp scandal but have not looked at the thread for 2 weeks.
He was going to pay everybody back one by one. I guess he ran out of funds to accomplish that task.
I can not go thru 66 pages plus to figure out what happened(I think I stopped at page 40). Is there a cliff notes type thread. Or is someone waiting until this saga is done to write a novel about it?
1777  Economy / Web Wallets / Blockchain down for anyone else? on: January 18, 2016, 05:05:11 PM
When I wanted to check a transaction it goes to white screen saying:
Maximum connections have occurred.
Never seen that in my life.  Embarrassed
What is happening to blockchain? Is it too much transactions for it too handle at one time  Roll Eyes
1778  Bitcoin / Bitcoin Discussion / Re: Bitcoin and PayPal together? on: January 18, 2016, 04:59:53 PM
I'd like the ability to use Bitcoin within Paypal at no extra cost, I think it would be perfect but I know that won't likely ever be the case.
I could see this happening if they partner with coinbase. They seem to be the largest payment processors for each of their disciples. Can you imagine what their net worth would be if that happened along with ebay in the throw of things  Shocked
1779  Bitcoin / Bitcoin Discussion / Re: Breaking: CNBC - Banking syndicate has been organized to TAKE OVER Bitcoin! on: January 18, 2016, 04:33:34 PM
So this is what this bitcoin classic was about  Angry
I had a feeling something was going on with this mike hearn guy and all the ruckus he caused with just one statement. The banks are getting scared so this is their next move so they can sleep at night not losing anymore minute profits from people getting smart and moving their money out of their hands.
1780  Economy / Investor-based games / Re: Ore-Mine Issue? on: January 17, 2016, 10:11:07 PM
Some one was actually trying to sell their account that was good for 2 years:
https://bitcointalk.org/index.php?topic=1330263.msg13577473#msg13577473
 Cheesy
It was faked to run off with the investor's coins.
Typical way to not have to pay of converse with the complaints all their users will making to them. Exit strategy initialed.  Undecided
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