Bitcoins - digital currency - Page 152 - Business, Finances and Investing Forum

https://twitter.com/bitchrist all hail satoshi

bitchrist ‏@bitchrist 31 Mar

I suggest the children of Israel replace the Shekel with bitcoin. Only then shall you know peace. The first shall be the first.

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04-02-2013 , 02:08 AM

#3777

bucktotal

old hand

Join Date: May 2006 Posts: 1,667

Quote:

Originally Posted by JimAfternoon

What's the best site to use if I want to buy something from Newegg with BTC?

https://www.bitcoinstore.com

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04-02-2013 , 02:26 AM

#3778

Freakin

bacon wannabe

Join Date: Sep 2004 Posts: 17,153

Quote:

Originally Posted by WutRUTryin2Hit

No, you are misunderstanding, I was saying that your "not" joke was hilarious.

First you wrote "Clearly sustainable" and I thought "Oh I see, this guy thinks that it is clearly sustainable. Well, that's a pretty controversial opinion, but know what, I'm going to hear him out. As soon as I am done thinking about the sentence where he says it's clearly sustainable, I'm going to move my eyes just a little bit to the right and see what he says next. Probably he will give some arguments for his controversial opinion."

Then I read your next sentence "Not." and for a second I was like "What?", but then I realized: You got me. You made it sound like you meant one thing, then you said NOT cause you meant the opposite.

You used comic juxtaposition in an almost perfect way. This was one of the all-time classic NOT jokes. Let's get one thing straight: all "NOT" jokes are funny, almost by definition. They just are, it's a fact, we all know that.

But you my friend, you really nailed it. Seldom does a NOT joke have the ineffable quality that yours did. It was, in a word, great. And that's why I said "great NOT joke".

Could have been worst. Could have used "said no one ever" instead.

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04-02-2013 , 03:13 AM

#3779

Dak9885

banned

Join Date: Sep 2006 Posts: 4,196

2 hours with a decent fee and 0 confirmations.

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04-02-2013 , 03:17 AM

#3780

iversonian

Carpal \'Tunnel

Join Date: Sep 2003 Posts: 21,443

one thing seems sure. when the dust settles, the chart will have arced up then come down a lot, and many tears will have been shed. no clue what price the peak will be nor what price it will settle at, but that much seems certain.

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04-02-2013 , 05:05 AM

#3781

sinner

veteran

Join Date: Dec 2008 Posts: 2,929

Quote:

Originally Posted by JimAfternoon

What's the best site to use if I want to buy something from Newegg with BTC?

check out bitcoinstore.com too..

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04-02-2013 , 09:47 AM

#3782

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

Quote:

Originally Posted by iversonian

yes, and someday you will die

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04-02-2013 , 10:45 AM

#3783

Real Fix

grinder

Join Date: Dec 2008 Posts: 410

I am crazy to expect a huge crash on April 21st?
4/20 is a notorious day for famous bitcoin merchants.

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04-02-2013 , 12:27 PM

#3784

manifest

old hand

Join Date: Oct 2005 Posts: 1,641

Litecoin was worth about 80 cents on the 1st. It's now worth $4.40.

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04-02-2013 , 01:02 PM

#3785

JimAfternoon

Carpal \'Tunnel

Join Date: Mar 2011 Posts: 6,903

Quote:

Originally Posted by Dak9885

bitspend.com

Thanks, I went with bitspend because Newegg was cheaper than bitcoinstore.

$3 fee (for purchases $100-$250), quick and easy, they gave me the Gox weighted average for my coins.

This is a pretty great service, you just copy and paste the URL of an item you want to buy, and then ship them the coins after they create the invoice.

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04-02-2013 , 01:08 PM

#3786

Trev

grinder

Join Date: Dec 2012 Posts: 471

Quote:

Originally Posted by WutRUTryin2Hit

Sheldon from Big Bang made an account here? Sweet!

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04-02-2013 , 01:38 PM

#3787

Rajon Rando

grinder

Join Date: May 2011 Posts: 433

Im looking to buy Bitcoins for Moneybookers if anyone can help out...shoot me a pm

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04-02-2013 , 02:05 PM

#3788

Deep

grinder

Join Date: Jul 2012 Posts: 433

Western Union news swirling about Bitcoin support. Would be a great play for them and a potentially huge development for users.

All: Don't be distracted by non-BTC virtual currencies at this point. The last traded price of BTC represents orders of magnitude more volume and depth. The non-BTC chains are mostly vulnerable to exploits already fixed in Bitcoin, which has superior development.

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04-02-2013 , 02:20 PM

#3789

andr3w321

adept

Join Date: Jul 2007 Posts: 1,148

I'm 10,320 in line for Mtgox verification. What are estimates for how many coins the original guys have? It looks like their daily volume is over 70,000 BTC which comes out to a bit over $7 million a day. This seems like peanuts for a currency trading platform. Wonder what happens when someone decides to cash in.

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04-02-2013 , 02:41 PM

#3790

Gio

journeyman

Join Date: Sep 2002 Posts: 199

Interesting article in the main stream business media. I presume that this will drive demand in the short term.

http://www.businessweek.com/articles...ast-safe-haven

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04-02-2013 , 03:05 PM

#3791

Deep

grinder

Join Date: Jul 2012 Posts: 433

Shuffle: Keep your posts relevant or go back to posting about how AAPL and the S&P are going to crash 75% this year.

Bitcoin trades make a tiny blip on the radar of global currency, but it's still fascinating technologically speaking and speculatively speaking.

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04-02-2013 , 03:06 PM

#3792

KarlChappe

enthusiast

Join Date: Jul 2008 Posts: 68

Someone know where I can find how many Mtgox accounts is waiting to be verified?

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04-02-2013 , 03:18 PM

#3793

Deep

grinder

Join Date: Jul 2012 Posts: 433

Quote:

Originally Posted by KarlChappe

Someone know where I can find how many Mtgox accounts is waiting to be verified?

Need to watch forum reports mostly. If you really need to know you can create a (fake) account and request verification to see what your place would be. Last I saw today was over 10,000.

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04-02-2013 , 03:21 PM

#3794

KarlChappe

enthusiast

Join Date: Jul 2008 Posts: 68

Quote:

Originally Posted by Deep

Need to watch forum reports mostly. If you really need to know you can create a (fake) account and request verification to see what your place would be. Last I saw today was over 10,000.

Thank you

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04-02-2013 , 03:23 PM

#3795

Freakin

bacon wannabe

Join Date: Sep 2004 Posts: 17,153

Thought I saw 12k on reddit

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04-02-2013 , 04:23 PM

#3796

fluorescenthippo

Pooh-Bah

Join Date: Apr 2005 Posts: 5,848

Quote:

Originally Posted by Gio

Interesting article in the main stream business media. I presume that this will drive demand in the short term.

http://www.businessweek.com/articles...ast-safe-haven

That's surprisingly a very good article.

I also like the quote near the end - "Bitcoin isn’t tied to any commodity—besides trust." The mainstream media loves to bash this currency because its not backed by anything but a currency doesn't have to be backed by something tangible to have value or be sustainable.

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04-02-2013 , 04:28 PM

#3797

Happy_Fish

Carpal \'Tunnel

Join Date: Mar 2012 Posts: 7,497

They should say that in every economic article ever.

The dollar isn't tied to any commodity - besides trust.

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04-02-2013 , 04:47 PM

#3798

Cuban B

old hand

Join Date: Jan 2005 Posts: 1,765

Quote:

Originally Posted by Happy_Fish

They should say that in every economic article ever.

The dollar isn't tied to any commodity - besides trust.

If by trust do you mean a huge ass technologically advanced military with a 1000 bases dotting the globe?

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04-02-2013 , 05:13 PM

#3799

TimM

Carpal \'Tunnel

Join Date: Jan 2004 Posts: 9,771

Quote:

Originally Posted by Cuban B

If by trust do you mean a huge ass technologically advanced military with a 1000 bases dotting the globe?

All that power does not anchor the dollar to any particular value versus any other commodity, good, or service. Nor does bitcoin have such an anchor.

The "trust" associated with the dollar is the trust that the people in control of it won't create too much of it too fast.

Bitcoin's trust is based on the fact that the laws of mathematics and physics will prevent breaking of the encryption scheme within any reasonable time frame.

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04-02-2013 , 05:26 PM

#3800

Cuban B

old hand

Join Date: Jan 2005 Posts: 1,765

Quote:

Originally Posted by TimM

I think just saying based on "trust" is overly simplistic, why is the US dollar trusted more than the singapore dollar or the brazilian real? Because we have more trust that the technocrats that control the US dollar wont create too much vs the technocrats that control the singapore dollar or the brazilian real?

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