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Pala_00
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September 22, 2014, 01:57:55 PM |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 22, 2014, 02:01:24 PM |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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September 22, 2014, 02:05:01 PM |
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Best answer till now, except, you don't need c). You won a horse, which is physically sent through SWIFT, to be expected two weeks from now. Sorry, this thread needs fillers in slow times.  May I have a unicorn instead please sent via angel fart? Or a horses head in my bed when I wake up? Either will be better than SWIFT.... the irony is in the name really. You could, but then I will have to wait for the horse to come back first. |
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okthen
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September 22, 2014, 02:09:35 PM |
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Think this is the first time I see the Wall Observer poll 50/50!
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mooncake
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September 22, 2014, 02:19:31 PM |
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If I want to pay someone in Indonesia the equivalent of 100 USD, this needs to happen:
a) sell a suitable amount of bitcoin on the local bourse
b) redraw the local fiat to my local bank
c) order a wire transfer in my local bank
d) the local bank needs to order that in one of my country's internationally connected banks.
e) the sum is converted to dollars
f) that bank must order a wire from its account in an international bank like deutche bank
g) the wire arrives in an internationally connected bank's foreign bank account
h) the sum is converted to rupiah
i) the sum is moved from the local banks account in the big Indonesian bank
j) the sum is moved to the customers account
k) the customer must send the fiat to his local exchange
l) the customer must sell his fiat on the exchange
m) the customer must retrieve his bitcoins
So may smart people here, could this procedure be streamlined?
a) Get a Circle account. b) Ask your friend to get one too. c) Transfer money through Circle. Before doing all of those, check with Circle that they support Indonesia users. |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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September 22, 2014, 02:21:18 PM |
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If I want to pay someone in Indonesia the equivalent of 100 USD, this needs to happen:
a) sell a suitable amount of bitcoin on the local bourse
b) redraw the local fiat to my local bank
c) order a wire transfer in my local bank
d) the local bank needs to order that in one of my country's internationally connected banks.
e) the sum is converted to dollars
f) that bank must order a wire from its account in an international bank like deutche bank
g) the wire arrives in an internationally connected bank's foreign bank account
h) the sum is converted to rupiah
i) the sum is moved from the local banks account in the big Indonesian bank
j) the sum is moved to the customers account
k) the customer must send the fiat to his local exchange
l) the customer must sell his fiat on the exchange
m) the customer must retrieve his bitcoins
So may smart people here, could this procedure be streamlined?
a) Get a Circle account. b) Ask your friend to get one too. c) Transfer money through Circle. Before doing all of those, check with Circle that they support Indonesia users. Perfect, saves an instance of blockchain fee. |
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vphen
Member
Offline
Activity: 76
Merit: 10
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September 22, 2014, 02:31:38 PM |
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huobi BTC like following okcoin LTC ?
then other BTC exchanges follow huobi?
f**k LTC !!!!!
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Pala_00
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September 22, 2014, 02:33:22 PM |
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huobi BTC like following okcoin LTC ?
then other BTC exchanges follow huobi?
f**k LTC !!!!!
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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September 22, 2014, 02:39:47 PM |
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Think this is the first time I see the Wall Observer poll 50/50!
I think that it's a strong indication that from now on we will go sideways. Expect no more fiat or more btcs dumped within the next period. Sideways we go.  |
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madmat
Legendary
Offline
Activity: 966
Merit: 1000
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September 22, 2014, 02:49:27 PM |
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Think this is the first time I see the Wall Observer poll 50/50!
I think that it's a strong indication that from now on we will go sideways. Expect no more fiat or more btcs dumped within the next period. Sideways we go. We go sideways till tomorrow. Tomorrow, people who won 30% thanks to alibaba's ipo will get their money back on exchanges and btc price is going to ccmf. |
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L0uis
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September 22, 2014, 02:54:47 PM |
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Greenpeace USA accepts BTC |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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September 22, 2014, 02:59:47 PM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 22, 2014, 03:01:23 PM |
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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September 22, 2014, 03:08:30 PM |
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It's about to shoot off like a rocket. Buy now!  lol... seems to be the theme all week. |
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findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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September 22, 2014, 03:29:32 PM |
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Can somebody quote me on calling the bottom?
I would like to say "told you" in the future.
Today I had a new insight which confirms my previous prediction about the next bubble start (which you can read at the left)
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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September 22, 2014, 03:32:35 PM |
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Can somebody quote me on calling the bottom?
I would like to say "told you" in the future.
Today I had a new insight which confirms my previous prediction about the next bubble start (which you can read at the left)
quoted |
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Torque
Legendary
Offline
Activity: 3556
Merit: 5041
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September 22, 2014, 03:36:37 PM |
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Can somebody quote me on calling the bottom?
I would like to say "told you" in the future.
Today I had a new insight which confirms my previous prediction about the next bubble start (which you can read at the left)
Do tell? |
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akujin
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September 22, 2014, 03:38:40 PM
Last edit: September 22, 2014, 04:16:31 PM by akujin |
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Looks like it's about to dive  Nxt never dives after a bubble pop. It just keeps slowly dwindling down to nothing, keeping the Nxt nutters hopes alive. It's all a game being played by the (70-ish?) number of founders initially granted all the premined Nxt, just to keep things going. They sell some for btc or give it away, buy it back to create bubble mania, then slowly sell it off for btc again. Not only have they made a shit ton of btc (and thus money) with their pump and dumps, but have probably managed to increase their original Nxt holdings astronomically as well, further skewing the overall distribution. Saw your reply while checking your posts   Looks like it's about to dive not a hope!!!! im not saying that on no basis.. if you dont know why its rising then that explains your skepticism! (the main part anyway) what would you call a dive? I hope you sold at the top.. LOL!  |
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findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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September 22, 2014, 03:44:15 PM |
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Can somebody quote me on calling the bottom?
I would like to say "told you" in the future.
Today I had a new insight which confirms my previous prediction about the next bubble start (which you can read at the left)
Do tell? I will, afterwards. I don't want to look like a moron if I'm wrong |
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meanig
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September 22, 2014, 03:47:40 PM |
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Can somebody quote me on calling the bottom?
I would like to say "told you" in the future.
Today I had a new insight which confirms my previous prediction about the next bubble start (which you can read at the left)
Do tell? I will, afterwards. I don't want to look like a moron if I'm wrong Only morons are allowed to post in this thread  |
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