Companies that run a tight ship in order to make sure no illegal activity is going on have a place in the bitcoin community, and it the end, these may be the only exchanges to survive once governments get more involved with bitcoin transactions/exchanges etc. If you want to exchange bitcoin "off the books" you'd have to use a more shady exchange or one that is located in a more tax/law-lean area and that is fine for you. But by having legit exchanges that brings in wall street, and bringing in wall street also brings in small time investors and of course the general public. I don't understand why you would hate bitstamp for being legit, you're always welcome to make your own exchange or find another one at this point.
High profile people with big "legal" money would probably rather use an exchange that is also "big and legal".
Just my 2 cents.
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Nobody gets rich without lifting a finger except lottery winners.
Banks take on a lot of risk to give loans. If the lender doesn't pay the banks can go insolvent
The bank itself may become insolvent, but the rich people running it maintain their wealth. Ozziecoin's article is fine IMO. My only problem is with pre-mining and the very real possibility of taking the "coins for aussies" and selling for personal gain.
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Please note this coin has zero value. We have not listed on any crypto exchange because we are not interested in pumping and dumping.
Ozziecoin is the "training wheels" for normal, everyday Aussies who want to learn about cryptos without dealing with all the complexities of wallets, mining, and bitcoin addresses.
It costs zero money to claim Ozziecoins right now.
From your website " Ozziecoin intends to list on a cryptoexchange within 3 to 6 months, which will give ozziecoins a fair market value." http://ozziecoin.com/ homepage. You and I both know you will have quite a few pre-mined ozziecoins to cash in for bitcoins when that day comes
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Assuming that it's risky to keep bitcoin now, because of the bear trend, it's also risky to have alt coins, because they are all valued in bitcoins. A crash in bitcoin takes alt coins down also on fiat terms. Then, if bitcoin goes down, you will be able to buy litecoin for 4 usd or even lower. Assuming this scenario, buying now isn't a good idea. They will also go high if bitcoin jumps, but in the past it took some time for the alt coins to jump. In the first weeks of the jump of bitcoin to 1200, litecoin was losing value. It only started going up fast a few weeks later. You can enjoy the major jump in bitcoin and then go after the alt coins. Of course, this is just a scenario. Now, alt coins seem much more linked to bitcoin than in the past, so a jump in bitcoin might push alt coins much higher immediately. Anyway, buying now doesn't seem good idea.
The timing is all relative. If you are trying to flip a quick profit, and get in and out, then now may not be the time to buy. If you plan on holding for medium or long term, then now could be one of the best times to buy. I completely agree. If you're looking for a quick profit the question becomes much more difficult and this may indeed not be a good time to buy. However, if you plan on holding for a few years, I think $450 is a GREAT price. IF you plan on buying and holding, buy in before it's too late. If you're looking for a quick buck, you should go check out the TA threads in speculation....Short term I feel that no one can accurately predict the price due to its volatility with the daily news. In regards to Bit_happy's advice about not "holding for too long" ideology. You could use this reference https://bitcointalk.org/index.php?topic=345065.0 and apply it to your investing. Buy and hold now, at every doubling point sell 10% and then rebuy it during the next dip. Just food for thought.
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Online and taking orders Shipping is pretty quick in the US and these are high quality stickers made out of vinyl with a UV protection coating on them. These are not those paper stickers that rip and slowly degrade by rain and sun exposure.
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I can tell you where they all join into one....the Federal Reserve Bank of New York. A shocker I'm sure By the way, could you please tell me where you got/created this graph from directly? I see that the information was gathered from the fed, but who put it together?
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I like your article and I think that most of us around these forums understand the problems with fractional reserve banking, however if someone else is interested in your coin I think that's a good place to start to understand the problem with centralized banking.
Here is a major problem that exists....Most of these alternative coins that are pre-mined or are centralized are now regarded as complete scam coins that are/were made in order to make the creator of the coin rich. I'd suggest tearing down your current coin infrastructure and re-building ozziecoin as a true altcoin that is not pre-mined or centralized. If you promote it well and continue to develop the coin and its public relations you will be well off anyways (as long as you have an early investment in it yourself).
Do the cryptocurrency community a favor and help put an end to these pre-mined/centralized coin scams.
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I'm currently in the market for a good writer. I sent you a PM and I am awaiting your reply. If we make a deal and the content is good I'll post a review of your service.
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Ok that was previously in the last link no need to troll and boost posts Clearly the video in the OP link is broken if you actually try to play it through the site. Please know what you're talking about before flamming me. Thanks for your comments though. works for me the link the other op posted The video in this article works for you? http://bitcoinboard.net/facebook-accepts-bitcoin-on-advertising-platform/ For me it has the guys face, once I click to watch the video it says "An error has occurred, please try again later".
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Ok that was previously in the last link no need to troll and boost posts Clearly the video in the OP link is broken if you actually try to play it through the site. Please know what you're talking about before flamming me. Thanks for your comments though.
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It seems every time I find something that looks promising, I'm just a sucker waiting to give someone else a payout. I have been following advice a gentleman offered to "hodl" my bitcoin, from $984 all the way down to now $436. I've just been fooling myself, telling myself "Don't worry hon, it will go back up! It always has!" I've been spending my time reading the forums and hoping. My friends called me crazy when I told them it's a sure thing. The shame is just as bad as the lost money. So I quit. You guys win. Coins sold. Selling now will end up with you having a sob story here about how you bought high, sold low and didn't have a chance to rebuy before another bitcoin rally: https://bitcointalk.org/index.php?topic=163258.0
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For some reason or another most people on these forums won't get rid of their block erupters. If you look on ebay you can pick one up for $7, which is worth the collectors price IMO.
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I have some older mining hardware and sent you a PM. Free shipping to Canada
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If you could have a way to allow customers to "print" or add the private key to these bills themselves, you would gather a lot more interest. I don't know of many people that would allow someone else to print/have the private keys for the 1btc that would be included on these. Is there any way you could leave a blank spot on the bills where the users could stamp or write the private key themselves and then attach your hologram on top?
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Hello everyone. I'm happy to announce that I am now selling " Bitcoin Accepted Here" stickers for $2.50 each with free shipping, payable via bitcoin of course These stickers can help attract customers to your store by knowing that they can spend their bitcoins on your products. Or they can be used by individuals to promote the usage of bitcoin in the general population. The stickers are 1.5 inches by 4 inches and are the perfect size for putting on or next to cash registers Visa/Mastercard logos. These stickers also have cut rounded corners for a more professional image. Current Prices1 Sticker: 0.00563 BTC ($2.50) each 2-10 Stickers: 0.00500 BTC ($2.22) each 11+ Stickers: 0.00450 BTC ($1.99) each To send payments please send the correct amount of bitcoins to 1K7tYPWzJn4GhiUftrzeGnvuT35ggxLz3t . If there is a dispute as to who sent the bitcoins I will require the parties involved to sign a message with their address, so make sure you have access to the private keys (this should very rarely or never occur). When submitting an order please PM me the following information: 1. Number of stickers to be purchased: 2. Number of bitcoins sent 3. Address you want the stickers shipped to: 4. Your bitcoin sending address or transaction link: Please post or PM for questions and/or purchases. Have a great day
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Not to burst your bubble, but one can get 180 GH/s for 0.55 BTC brand new these days. People would only be interested in your hardware for entertainment purposes and thus should be priced much much lower than the 1.5BTC you're asking for IMO.
Edit: Author edited his post to 0.5BTC now.
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And don't forget the risk of charge backs and item damages upon return. They get 45 days (somestimes more) to use what you sell, then they can create a dispute for "item not as described", send it back to you and get their full money back
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I'm frankly a bit surprised that you're actively mining today. The difficulty is set to rise >30% in a few hours.
There will be miners for the entire life of bitcoin, irregardless of difficulty increases.
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