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Offline storage.... fixes all problems, only use it online when needed, and then back into coldc storage, never any problems
Now why didn't stamp think of that? You should drop those boys a line, they sure can use a security expert of your caliber. |
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Sure bull, and I got your balls.
 Ur not fooling anyone, monter! Those are the testicles of the boys you've slaughtered while hopped up on your erectile disfunction pills  @elasticband  @ "cannibull" |
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50 cents is a lot of money for some people.
... Now that ur Beanie Babies Bitcoinz r worthless, that job must be lookin' awful good... |
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... like to see one of these trolls turn up there and start behaving like twats to my face, they would receive my boot in their bollox tbh
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What on earth is going on with the influx of trolls, it is beyond a joke.
Thread is totally fucked.
Cannot even see why the trolls bother, they are just trolling eachother.
Absolute freaks.
Like any dead thing, Bitcoin is starting to attract scavengers...  |
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I'm a minarchist then.
I am an antichrist I am a minarchist!  Coz I Wanna beeeeee E Minarchy! How did you get hold of my picture, bastard ? :-) I got some from your younger days, too. You aged well   |
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Depending on violence and force to prop up your economy is not the best way forward even if in the short term it seems like it is working. That system always requires more force and more violence before it comes to an end.
An unfortunate time to point fingers at US economy (DOW-UP, USD-UP). Bitcoin economy continues to tank amidst unchecked theft & fraud  |
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...how do you explain the first few years? It was worth only a fraction of a cent and now it's over $260.
... Nothing to do with adoption. I've invested in Bitcoin because I was betting that someone (such as yourself) will buy my coin from me @ a higher price. So did everyone else who has made money on Bitcoin. |
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Bitstamp have been running a fractional reserve for years. This hack story is an obvious lie, copied from Karpeles. During the next weeks we'll learn about Stamp's insolvency. Then they'll declare bankruptcy, and all your precious coins and fiat will be lost.
And if the story was true: What's stopping the thieves from hacking them again, stealing even more?
I would love to see where you get that information from. Bitstamp has been relatively open about their reserves for exactly this reason, consumer confidence. And about the hacking again theory; if you own a boat that has a hole in it, you don't let it sink to the bottom, you plug the hole and move on. Finding and fixing the leak is exactly why they have suspended their systems. >relatively open Stress on "relatively." Compared to BTC-e--yes, compared to a real financial institution--not even close. >if you own a boat that has a hole in it Boats carrying valuable cargo have hulls divided into watertight compartments, which could be easily sealed off under full steam. If the breach is truly catastrophic (Titanic), stopping in the middle of the ocean won't help--abandon ship. Nice analogy tho, the parallels with interwebs security are hard to miss |
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Someone has stolen some bitcoins from someone else!
This makes bitcoins worth less how exactly?
You know, Bitcoin. The sound money store of value that eliminates third-party risks? 1. Loses three quarters of its value. 2. The part that's left gets pwnt by third party  1. 1 BTC still worth 1 BTC. 2. Bitcoins transffered to an exchange are not yours. 1 usd is still worth 1 usd ...wow such knowledge well not really... inflation remember ? Sarcasm? |
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... They will then need to convert that $5 million to bitcoins to get back to equilibrium of 180,000 and $10 million.
So, how do you believe they will do that?
They believe in Bitcoin, why would they be holding USD? Who does that? This is another option. The owners ponying up their on Bitcoin stash to cover it. Their investors paid them in fiat so I would imagine they have to keep most of their profits in fiat. You don't understand. People invest $$$ so that money can be put to work, not to be held in a bank account. And Bitcoin is not quite at the stage yet where large companies can hold them...
Absurd. That's what VCs do--high-risk, high reward investments. Pantera Capital is not some 1% pension fund. From Pantera's site: "Pantera Capital is a Bitcoin investment firm focused exclusively on Bitcoin, other digital currencies and companies in the space." |
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... the price just has to catch up...
Lol, will never "catch up" by running in the wrong direction |
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... They will then need to convert that $5 million to bitcoins to get back to equilibrium of 180,000 and $10 million.
So, how do you believe they will do that?
They believe in Bitcoin, why would they be holding USD? Who does that? |
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 Priceless |
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So it's been nearly 2 months... any updates?
Chill brah, you're killing my buzz. |
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Someone has stolen some bitcoins from someone else!
This makes bitcoins worth less how exactly?
You know, Bitcoin. The sound money store of value that eliminates third-party risks? 1. Loses three quarters of its value. 2. The part that's left gets pwnt by third party 1. 1 BTC still worth 1 BTC. 2. Bitcoins transffered to an exchange are not yours. 1. 1 ruble will always be 1 ruble too. May not buy as much as it used to, but hey, you kids know better  2. Money that you can't use as money is pretty useless. Almost a truism. |
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I'm a minarchist then.
I am an antichrist I am a minarchist! Coz I Wanna beeeeee E Minarchy! |
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Someone has stolen some bitcoins from someone else!
This makes bitcoins worth less how exactly?
You know, Bitcoin. The sound money store of value that eliminates third-party risks? 1. Loses three quarters of its value. 2. The part that's left gets pwnt by third party |
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... But, seriously, if I buy something with Bitcoin, I will certainly buy it back.  Let me get this straight, this is how you plan on getting rich? 1. Buy Bitcoin, pay [exchange/ATM] fees. 2. Buy goods with Bitcoin, hoping BTC price goes up due to your noble revolutionary deed. 3. Merchant (well, payment processor) dumps BTC on market. 4. You buy back that same BTC, paying [exchange/ATM] fees. 5. ? ? ? 6. PROFIT! Can you not see that the only one who profits from this is the exchange/ATM & payment processor? |
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...  ... |
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