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1381
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Economy / Service Discussion / Re: buy.bitcoin.com works OK. Expensive, but it works.
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on: November 18, 2016, 08:27:55 PM
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...
More comments in reply to the above remarks.
The process was fairly quick. After they OK'd the transaction, I had to leave (a wifi place in my city). By the time I got home (40 mins.), the BTC were in my wallet (and they were mixed via bitmixer.io as well).
My transaction was small, so I paid more than 7.5% (hence my observation above about minimums). 7.5% would be the total fees if buying something like $200 worth.
simplex, yes. But, the BTC ATM I bought from the other day collected my smartphone data as well.
I have no idea how many BTC they have left. Again, I bought fairly small (to test the service).
My credit card was not a stolen one. I have used it to buy BTC from other services in the past.
* * *
BuySomeBitcoins: better solutions are always welcome. Show us one!
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1383
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Economy / Economics / Re: Economic Devastation
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on: November 18, 2016, 03:41:49 AM
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...
Gun toting American conservative OROBTC thinks that it may be a TOXIC BREW of Socialism and demographics that will ultimately kill American society as we have always known it. Letting in more immigrants (particularly toxic ones) willy-nilly will only add to the Democrat Party and the Free Stuff Army.
I wonder how much howling & screaming we will hear if Trump really goes to work eradicating ObamaCare...
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1384
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Bitcoin / Bitcoin Discussion / Re: Used a Bitcoin ATM in a gas station today
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on: November 17, 2016, 06:30:40 AM
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...
BitcoinBarrel
1) How much did they charge (premium) over "spot price"? Around here, the BTC ATMs charge a very high 14% premium. (In Vancouver (on a recent vacation) it was closer to 7%.)
2) Did you have to supply ID? (Once in NYC I did not have to supply ID, I would guess that has changed.)
1. It is very convenient, only 5% to buy Bitcoins, %7 to sell I believe. 2. No ID was required, just text code confirmation. My city just got a new Bitcoin ATM which only charges 9% over "spot". That is much better than 14%. So yeah, I bought some today. I can live with 9%. Besides, BTC went up some 5% in price after I bought. Same re no ID, just an SMS message. MUCH better than before. |
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1387
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Economy / Speculation / YUUGE Runup in BTC Price Today (+$35)
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on: November 17, 2016, 04:25:06 AM
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...  ounce.me and fiatleak.com have been interesting to watch today. Bitcoin up around $35 today alone, to $ 749.I don't know why. China? But, I am pleased that I found a new BTC ATM in my city that only charges 9% over "spot" (vs. the 14% of the other machine). I was lucky to get BTC when it was $733 (spot price) |
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1388
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Bitcoin / Project Development / Re: [Your critics and thoughts] Wanted
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on: November 16, 2016, 05:53:40 AM
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...
1) Do you (will you) sell to Americans?
(I have had a difficult time getting services such as Circle to supply me BTC. The documentation requirements keep getting more onerous)
2) Do you need all the ID that the other services require?
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1389
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Economy / Service Discussion / Re: Tearing my hair out , getting screwed by every BTC site.
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on: November 16, 2016, 05:44:06 AM
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These companies will not be allowed to operate, if they do not adhere to these KYC/AML regulations. It makes all of us crazy, but we need to bend over to these companies to use Bitcoin legally. The day when someone figures out how to start a decentralized exchange, I will send them a picture of my genitals and cancel all my accounts.  I agree with you. If we were in twitter I would retweet it Agreed again. I have been saying for years that when someone figures out how to sell BTC to us (easily) without all the bothersome KYC/AML, IDs, and other crap, then they will make a fortune. It would be a gold mine. And deservedly so. |
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1390
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Bitcoin / Bitcoin Discussion / Re: EBay and Bitcoin
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on: November 16, 2016, 05:25:18 AM
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eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
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1391
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Bitcoin / Bitcoin Discussion / Has Anyone Ever Visited Satoshi Labs (Slush) There in Prague?
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on: November 16, 2016, 05:22:26 AM
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... I ask because we will be in Europe soon (and finishing in Prague), and am thinking of dropping by for a visit. I will email them, I already have an address (Svabky 52/2). But, I am curious: are they friendly, would they welcome visitors? I of course would take the opportunity to but some BTC for CA$H while there if they sell BTC... I once bought a Trezor from them, so maybe if I mention that I am a customer... |
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1392
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Other / Off-topic / Re: How did you discover bitcoin?
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on: November 16, 2016, 05:18:17 AM
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... From Zero Hedge (bwa ha). Back about 2012/3 (right before BTC's big price run up) http://www.zerohedge.com/One of their members gave me my first "bit nickel" (0.05 BTC) and helped walk me through various steps, even sold me some BTC by "mail order". Of interest perhaps is that only ONE person I know has taken up BTC. NO ONE else among my family or friends cares in the least. |
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1393
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Economy / Economics / Re: Martin Armstrong Discussion
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on: November 16, 2016, 05:11:52 AM
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In the Econ. Total. thread I mention a little about The Road to Ruin, the brand-new book by Jim Rickards. I just started. I will have lots more to write about it as I explore his ideas.
Of interest is that many of his ideas, so far anyway, parallel Armstrong's ideas.
He is saying that ~2018ish when the defaults go bezerk, the central banks will be trapped, and the global elite will close the financial system, so that the elites can buy up all the distressed corporations and assets, before they reopen the financial system. Hard assets will preserve wealth long-term but they won't be liquid during that period: https://bitcointalk.org/index.php?topic=1665943.msg16749910#msg16749910THAT would be the acid-test of a new crypto: whether the black market guys would accept it.
I disagree. I am not here in crypto-land to create black markets. I am here to create a mainstream market of billions of people using crypto-currency. For liquidity, you are going to need crypto-currency. And that is why you need crypto-currency with billions of users for massive liquidity. Bitcoin isn't going to get us there fast enough. That is why I will release the "Bitcoin killer" early 2017. Proof-of-work coins such as Bitcoin, Monero, and Zcash will lose all their security in the coming crisis, because miners won't be able to exchange BTC for fiat to pay their electricity.
Hmm. Rickards also thinks 2018 is when the bad stuff starts... * * * My point re black markets is that participants CHOOSE their currencies. I am not saying anything about creating black markets, only noting that some of them already like BTC. But, BTC seems too hard to use for the masses. Actually, I look forward to seeing anything you have to release in 2017. "Massive liquidity" sounds promising. Now get back to work!  |
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1394
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: November 16, 2016, 04:59:08 AM
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... BitChick Leonard Cohen was one of the very top songwriters with a fanatical following (myself included). He had some 20 albums out since the late 1960s. My wife told me that in the 1970s he was popular in East Germany (!), as well as in Europe and the USA. Here are some recommendations, available on YouTube: "Everybody Knows" "Dance me to the End of Love" "Suzanne" (his first big hit, approx. 1967) "The Future" (he nailed this one!) "The Partisan" (practice your French (on French TV in 1969: https://www.youtube.com/watch?v=Duw2vdxNNrQ, song starts at about 1:00)) Many people consider his first three albums to be the best... |
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1395
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: November 16, 2016, 01:23:33 AM
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Hi Risto. Praying for you, if that is any comfort. I am sad to read that there seems to be so many against you, especially those that should be the ones you should trust the most. I find solace in the Psalms when I have been treated unjustly, which has happened but not to the level you are dealing with. The life of David should be someone you can relate to, as he was hated for no reason other than his successes and giftedness it appears. You are one of the most "interesting" persons I have ever had the chance to interact with (albeit from a distance) It would be my honor to call you a "friend."
Very nice, BitChick. Prayer is vastly under-rated in its power. Prayers are always answered, although typically not the way we might envision... The Psalms are a favorite part of the Bible for many reasons. There is comfort for anyone afflicted for any reason there in the Psalms. Bravo. |
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1396
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Economy / Economics / Re: Martin Armstrong Discussion
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on: November 16, 2016, 01:18:13 AM
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...
Gran amigo iamnotback wrote:
"OROBTC, if you want a community of political conservatives, would you find that any where in Latin American countries such as Peru? My visit to Colombia in 2001 lead me to believe Latinos are very liberal. The Catholic religion doesn't seem to make them conservative."
Latin Americans, IMO, are probably at least as receptive to FSA & SJW siren-calls as US Americans. My very limited observations of Peru would be along your lines: liberal (in the modern, USA, Socialist meaning).
But, at least in Peru, few go to church anymore. Reminds me of Italy, all these essentially abandoned churches with few people actually worshiping there. More tourists.
* * *
In the Econ. Total. thread I mention a little about The Road to Ruin, the brand-new book by Jim Rickards. I just started. I will have lots more to write about it as I explore his ideas.
Of interest is that many of his ideas, so far anyway, parallel Armstrong's ideas.
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1397
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Economy / Economics / Re: Economic Totalitarianism
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on: November 16, 2016, 01:10:06 AM
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Recently, many vendors at "Dark Net" AlphaBayMarket have started accepting XMR I read somewhere... BTC is apparently not a monopoly at all. Ahh, you maybe have to have TOR to find out more. THAT would be the acid-test of a new crypto: whether the black market guys would accept it. |
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1398
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Economy / Economics / Re: Economic Totalitarianism
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on: November 16, 2016, 01:05:24 AM
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... I just started Jim Rickards's new book ( The Road to Ruin), just released today. I have only read some 20 pages so far (plus some browsing), but I can already highly recommend it. He is extremely suspicious of The Elites, and has various recommendations re financial self-defense (yes, gold should be a 10% or so part of everyone's investment portfolio). He catalogs a long history of abuses... Particularly of note are the various nasty tricks of The Elite so far in their quest for world domination by grabbing more and more of the money. Hmm... Seems like so of his ideas will make it into this thread... |
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1399
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Economy / Economics / Re: Martin Armstrong Discussion
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on: November 14, 2016, 01:18:02 AM
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Clicking the detailed view for each State reveals county-by-country results: http://www.politico.com/2016-election/results/map/presidentInterestingly N. California, most of Oregon, and all but the populated coastal area of Seattle area of Washington are all Trump zone. Only rural areas Clinton won are where there are many Latinos on the southern border. Rural and white was for Trump. New Mexico, Nevada and Colorado supplied the electoral votes to give those states to Hillary. And the illegals just keep coming (for now...). Pretty much rural everywhere went for Trump. I am curious about the WHITE votes in PA, WI, MI and OH going forward. Have those guys who lost their jobs decided that the Dems are worthless? That, for me, is the Big Enchilada Question. |
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1400
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Bitcoin / Bitcoin Discussion / Re: India Bans Its Largest Fiat Currency Notes
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on: November 14, 2016, 12:11:25 AM
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...
It's also possible that people in India will NEVER have any trust in their government and central bank. It would only take a fairly low percentage of the population to decide to accumulate "alternative savings" wholesale, and for many, many others to to buy a little BTC and/or gold & silver to change the global markets for all three.
Long Au, Ag and BTC.
Worldwide.
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