What price are you buying at?

I tried the email - undeliverable.

You cant leave negative feedback for no reason. People get "scamer tag" for that! I could report you to a moderator. You have multiple accounts and are trying to scam people.

Why skype, scammer? Do you send first? Do you even know what escrow is in Africa?

There is no SSL and contact data. Thats a nono!

I think he only dreamt about 100,000$. I mean they dont even have running water in most of Africa. He is not from Ireland. Guaranteed. Tell him to write something in Irish.

This topic isnt about it, douche. And you owe me. As i said - make your buyera pay in parts. Make them send 50$ first "for fees" and the rest as second payment. I know it. I experienced it.

No. As I wrote the daily turnover is 40000BTC. So @ 500,000 its going to be 20bln. Thats how the banking system work. But it has backup. 4% of all cash is printed. The rest is electronic currency.

The kid is 27 and used to work in a bank.

To the first user - credit cards even have 6 months chargeback period. Also - you cannot claim fraud when you send money to your friend or family. Only if someone hacks your account and sent gift to themselves. Furthermore here is a way around the buyer protection - it only covers single payments. If something is paid in parts it only covers the first payment.

To the scammer - how many profiles you have you 419er?

The kid is 27 and used to work in a bank.

To the first user - credit cards even have 6 months chargeback period. Also - you cannot claim fraud when you send money to your friend or family. Only if someone hacks your account and sent gift to themselves. Furthermore here is a way around the buyer protection - it only covers single payments. If something is paid in parts it only covers the first payment.

To the scammer - how many profiles you have you 419er?

https://www.paypal-community.com/t5/Refunds-and-cancellations/Gift-payments-reversible/td-p/462611?profile.language=en-gb

Read it and weep loser. Since you have taken the bet you owe me a benjamin.

Its irreversible. Read paypal user agreement. Ask your bank. Ask paypal.

OK. It's awesome that people always have their own, unique opinions about bitcoins price increase, but come on!

I also wish bitcoin to be worth 500,000.00 dollars.

However, when making your calculations, you don't get in mind the following:

1. Greed - if bitcoin prices start to rise again, and market reaches 60 - 70k bitcoins daily most of the old investors would sell way below 10,000.00. So prices will fall again. And a snowfall would it be.

2. Simple logic - let's say price gets to 500,000.00 (it's not entirely impossible). For that to happen, market has to reach at least 100k bitcoins a day to create enough bullish velocity. Minimum.
Not only - how many people worldwide own 500,000.00 in cash, ready for an investment? And how many of them would risk it for a currency with no real backup? Very few.
There is a mental limit of 25,000.00. A lot of people would freak out if it reaches such price. And they will sell. However, due to the increased market, and the velocity of sales price will not be stable above 25 grand and will landslide again to at least 5 grand.
Third - serious investors are greedy. Fact. But even they are not so greedy to invest billions of dollars again in a currency with no backup, if they could make a guaranteed 2 - 5% annual return on their investments.
Another thing - let's say the average transaction if BTC is 500,000$ is say 2500$ (which is A LOT). That's 0,05BTC. How many people have to buy 2500$ worth of BTC per day to reach the needed 100000 BTC market?

20 MILLION!

3. Fiat currency - fiat currency is a VERY HARD THING TO SUSTAIN! Very hard. That's why (and because some bankers didn't follow the rules) we had a crisis, just 6 years ago. A crisis that we've not recovered from yet completely.
But fiat currencies have evolved over centuries. In the beginning all currencies were gold and/or silver and/or brass coins. Why? Simple - metals were hard to obtain. Brass was the easiest to produce, silver was not so easy, gold was almost impossible to get.
That's why gold was the most expensive metal to make coins of. That's when the first banks appeared. What they did back then is simply protect your gold for 2% annual interest (paid to them). But due to the increased amount of transactions banks had problems such as thievery and logistic problems, thus years later central banks appeared, and decided that notes, backed by gold and silver will be issued, and the central bank of each country issued it's own notes, distributed within the boundries of it's country of origin.
Then in the end of 16-th century the london stock exchange was established and later the Rothschild brothers invented the cheque payment system.
It was based on real currency, that was in the bank. Then banks got in the game. The first investment banks appeared. They were making a lot of money, but it was not enough to cover all their investments. So banks started issuing bonds, obligations and bank guarantees.
In 1916, the Federal Reserve removed the silver standard of notes (silver notes became legal tender) and the reserve issued silver bonds, for each note printed. Then a lot of people started to get credit and the reserve issued bonds to the banks, giving the money to people.
In 1970 the gold standard was removed too. Credit system was very popular by then, bad credit began to rise.
That's why banks gave 10's of times more money that they own to people. There is the problem.

First of all "market capitalization" and "market" are different things.

Market capitalization is a fictional term. It's the value of all coins if sold at the same time and rate.

The daily bitcoin MARKET (coins that are actually traded) is rarely above 40,000 which is 1/500 of the coins. And yet it's enough to drive prices to 1200$/btc. Real market of cryptos is 0,2 - 2% of the market capitalization, so even if BITCOIN was 500000$ the current daily market would be 20 billion.

Same as on FOREX. The daily MARKET is 4 trillion, although world's economy is valued at 90. And yet ~5% of all the currency is enough to drive prices.

Difference - fiat currency has lots of backup. Obligations, gold options, gold stock, gold bars, gold coins, silver, silver stock, silver options, government issued bonds etc.

What backup does bitcoin have? None. If tomorrow people start selling price will go down to 0. Why? No backup. And electricity prices are not a real backup, because the electric companies couldn't care less if you mine bitcoins or not. They will not refund you if your BTCs lose value. That's for sure.

At least bank deposits are insured upto 100,000EUR in the EU.

Are bitcoins insured? No. They cannot be. No insurance company will ever insure bitcoins. For the aforementioned resons.

And all this is based on what? Your wishes? Get real. If bitcoin does not become centralized it has only theoretical value, because there is no real currency backing it up.

Hey, I have a lot of these so please do not create a new currency. This one is good as it is.

Is this coin dead? I have 78 million in cryptsy.

Hi, just wondering if anyone here might need used indoor equipment.

I have:
1) 4x x600W ETI HPS/MH ballasts - 0.05BTC/piece;
2) 3x grow lights - 1x Sonlight Agro; 2x Phillips SON-T PIA - 0.03BTC/piece;
3) 1x PureTent PT80 - 1.8 x 0.8m - 0.15BTC;
4) 1x PrimaKlima Cooltube - 40cm for 600W - 0.075BTC;
5) 1x Blauberg Turbo E-100 Fan - 0.085BTC;
6) 2x Inline 5" Fans - 0.005BTC/piece;
7) 1x 4" Fan - 0.002BTC;
1x 100mm Carbon Filter (Max somethin') - 0.03.

Everything is 4 months old. Used once for cherry tomatoes.

Price for all at once - 0.5BTC.

Weight of all - ~ 36kg. Each ballast is 6.5kg, the Blauberg is heavy too. Also - the cooltube.

Shipping - 0.15BTC (incl. Insurance!!!) - for all at once in Europe. Outside EU it would be to expensive, but it's more than 1000$ worth of equipment for ~ 300 bucks so if interested write here and we could deal.

Escrow is mandatory.

However either buyer can organize shipping, or we could meet if you live near me, or you must pay for shipping prior to it.

You have to check if everything is in tact when you receive the stuff. If it doesn't work I could collect the insurance. In that case shipping charges will be refunded in BTC.

I can send you actual pictures of the equipment with today's paper and my username along with any other verification that might be requested.

If anyone is interested - write here. No PMs.

No SSL, no contact data... Seems legit!

As my signature says - "One cannot hunt for monkeys with a broomstick".

You have to put effort and cash if you want people to trust you. Your site looks like total fraud.

Whatever you want to say - gold will always have high value. As for bitcoin - no one knows. It's speculation mostly.