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Author Topic: Are bitcoins your dirty little secret?  (Read 5252 times)
kiba
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July 25, 2011, 11:11:38 PM
 #21

My mere presence on the first day of enjoyment made my boss become a bitcoin miners. He now owns 11 GPUs, all ATI Radeon.

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July 25, 2011, 11:28:58 PM
 #22

My mere presence on the first day of enjoyment made my boss become a bitcoin miners. He now owns 11 GPUs, all ATI Radeon.

Hope he at least gave you some sort of a raise for introducing him to BTC!
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July 25, 2011, 11:59:02 PM
 #23

No one around me knows. Not even my family. I kind of like having money without everyone around me begging for some of it.
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July 26, 2011, 01:25:58 AM
 #24

i told my gf and my family about bitcoins and how i invested 2.5k into buying mining equipment.

i got yelled at for a few weeks until i showed them the first dwolla transfer for 500$. that shut em up pretty well.

hehe, same here (sorta)
i told some, and it was quite an argument (good kind) about it actually paying out till i showed em my first income (a meager 10 euro, but still, proof of concept)

i tell anyone that listens, the more people joining the bigger it gets the more money we all make!
wow, and i wonder why people think its a piramid scheme Grin

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July 26, 2011, 01:40:15 AM
 #25

I've told my friends. The first time i told my friend "hey, have you heared about bitcoins?" he googled it and ten seconds later, HE was passing ME links!

COURAGE WILL NEVER DIE!

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July 26, 2011, 01:45:47 AM
 #26

LOL @ Tonto.  That's funny!  I told my girlfriend about it and all I got was "change the topic."  Thank god I don't live with her.

+2

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July 26, 2011, 01:49:22 AM
 #27

And this is why my fiancee and I each funnel a bit of our expendable income into separate individual checking accounts each month

 I'd like to get married one day but I'm not into sharing everything. No matter how close people are we're still 2 separate people. In my experience sharing without being clear about things is where the arguments starts. Thus, if I do get married I'd like it with a prenup, not to protect my wallet, but to protect the relationship by keeping money out of the relationship.

 Does this make sense?

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July 26, 2011, 02:40:55 AM
 #28

yeah, going along with what she tells you to do is a sure fire way to win respect.  news flash: women already have pussies, they don't want another one.

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nemo
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July 26, 2011, 03:16:08 AM
 #29

I don't want to see my friends and family get burned. I told everyone about it when it was at 3, then 8, then 18. Once it hit 30 and dropped I stopped talking about it. Most of my money gets converted into bitcoins. I just don't endorse them anymore. My mom on the other hand used to work for IRS and thinks this will be huge. 
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July 26, 2011, 03:38:34 AM
 #30

I ended up taking $10k from my Roth IRA and buying Bitcoins.

While I love the bitcoin concept and am learning a lot since discovering them... I hope you are joking.

If not... good luck!



As for me... I have told only my computer geek friends, a couple of which have toyed around with it like me. I don't tell the women in my life anything about bitcoin, or any of my finances... learned from experience to keep the money conversations private Wink


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August 07, 2011, 10:23:53 PM
 #31

I had looked into Bitcoin back when it was around $1/BTC and thought it was great, tried to mine but it kept giving me errors so I moved on.

Then I read a few articles here and there, read the one about how Bitcoin had gone from pennies to a couple of dollars and how that was a 2000% increase. I tried mining again, it again gave me errors and I moved on.

Then I read an article in June about how it had been worth $10 at the beginning of the month and skyrocketed to $35 before dropping to $20. At that point I knew that I should no longer wait on the sidelines.

I sent out an e-mail to my family telling them that they should seriously check out Bitcoins, as the family geek to the family I was giving them helpful advice, hoping they might invest a little bit and see it go up to $100 or more.

My brother wrote back asking if this was one of those Nigerian scams. I told him a bit about it and he just responded with some Guardian article about how some legislator wanted to ban Bitcoins and how once that was known the price dropped to $17/BTC. I just responded that of course governments will try to make it illegal, it is competition for them. I also mentioned that $17/BTC was up from $10 just a few weeks prior.

My brother-in-law e-mailed me a link to a libertarian talk show that he listens to and said that they talk about Bitcoins once in a while.

I explained to my wife that we needed to get in on Bitcoins now before it goes up any more. She did not understand it but I told her that it would most likely at least double by the end of the year. We have a $35k balloon loan coming up next year and we are racking our brains on how we will pay for it.

I ended up taking $10k from my Roth IRA and buying Bitcoins.

Normally, I wouldn't feel the need to respond to such stupidity, but this decision doesn't just affect you. Have you even read the posts on this forum? Even the more realistic Bitcoin devotees admit that, with the speculators clearing out, the price will never be as high as it was during the bubble's peak. I hope for your wife's sake that you don't get wiped out.
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August 07, 2011, 10:30:26 PM
 #32

I mention Bitcoin in many different circles, so far no one has ever shown enough interest to think anything other than "oh that is neat"

A family member I told says that Bitcoin would cause havoc, riots, etc if it catches on.   That family member is also super religious, not sure if they are tied together, but I am pretty sure a money that can unify the nations is part of the sign of the times.

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August 07, 2011, 10:33:48 PM
 #33

And this is why my fiancee and I each funnel a bit of our expendable income into separate individual checking accounts each month - I don't want to hear "you spent HOW MUCH on video cards?!?" any more than she wants to hear "How the hell much can a purse cost? It's a f***ing BAG!"

In all seriousness though, my fiancee is into bitcoin as well, and is actually the one who found us investors for my mining operations. I'd still be pushing 300 MH/s if it weren't for her efforts (3 GH/s FTW)

I also carry Zimbabwe Dollars and Yugoslav Dinar in my wallet to help explain inflation and fiat currency to random people. I proselytize about bitcoin a lot.

I want a Zimbabwean note!

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