Gox like $150 more than anywhere else, yeah, it's overpriced.

that has been the case this week. the the ltc/btc ratio can also go down.

Depends how much gamble you have in you and if you are good at timing things. Generally yes, but Litecoin can crash independently of Bitcoin.

But you have to pay back in BTC. How you going to pay back your loan even if it was 0.001%? Consumer loans being really expensive is a huge feature of a non-debt-based economy. It allows resources to be put towards productive means and penalizes the hell out of you for consuming now.

i see, thanks

I'm a noob and looking for a bitcoin "coach", to chat 1on1 about my questions. Looking to pay for one's time over Skype, please PM me if interested and a short blurb on why you are an expert would be helpful!

Thanks

khan academy has a bitcoin series.

https://www.khanacademy.org/economic...tcoin-overview

This is very good news - spread the knowledge

Thanks Captain Hindsight.

I guess in a hypothetical situation where I had $10k USD in excess of what I'd want for things I can't buy with bitcoins, yes I'd buy the car in cash.

But given that I'm relatively content with the amount of dollars I have, I'd use bitcoin. If I were in the market for a car in the near future and I thought I'd have an easy time finding a car I could buy in bitcoins, I'd probably be trying to shift more of my assets into bitcoin leading up to that purchase. I think bitcoin has a number of advantages to cash plus I get some satisfaction from using it instead of dollars.

I actually bought a car for cash a few months ago, it was a bit of a hassle. I had to make a trip to the bank to get cash and then the seller had to count the cash twice which took some time. He had a non-zero risk of me giving him counterfeit bills. With bitcoins, all I would've needed is my phone and I could've sent him bitcoins on the spot. He's guaranteed to get precisely what he expected - no worry about counterfeits or miscounts - and I don't need to make any special preparations.

I think generally if you're in a position where you wouldn't buy things with bitcoin because you want to decrease your USD position and preserve your BTC position, you should probably be trying to acquire more bitcoins.

But no, I definitely wouldn't take a loan in bitcoins.

I'm drunk and probably wrong.

But

I definitely take loan in bitcoins.

If I think they'll actually pay and I don't care about them.

Hard to find.

I meant that I'll give them a loan in bitcoins, ****.

I wouldn't be the borrower, I suppose I'd consider being the lender.

ya I read it wrong

all exchanges just dumped simultaneously.

somehow i got ridiculously lucky and caught the exact bottom on gox and flipped them immediately for $100 per coin

China Telecom :O

Coinbase still over $1k. What are you talking about?

Only for one phone, at, from what I can gather, one store. Nonetheless, as a headline it can only fuel the fire...

+1. Makes a lot of sense.

This has nothing to do with hindsight, it has to do with looking at the prices at different exchanges at any snapshot in time. Gox is usually more, but usually not $200 more.

Sup thread,

Is seals with clubs considered a softer site or a more reg filled site? Deposits and withdrawals are on the chain but everything between is off the chain right? Do you know of any rake back for it? Any other solid bitcoin poker sites?

Cheers

There's rakeback if you play a lot, automatically added.

Everything between deposits withdrawals off chain.

There's a satoshipoker site, I've never played it.

I haven't played online a lot lately, seems on the softer side from what I remember it being when I last played.

I'm struggling with the idea of transferring a few BTCs to BTC-e to buy litecoin and peercoin. On bitcointalk it seems to be unanimous to stay away from BTC-e, but I don't know how to go about obtaining LTC and peercoin.

Can someone please offer me some guidance?

lol. why don't you go check the charts then you don't have to ask.

I think btc-e is fine to use, I use it. The only real problems I've heard of is with fiat withdrawals/deposits. Depositing btc should be safe, and I think its a more trustworthy site than most other places that trade altcoin.

Thanks. Assuming you just plan on transferring back to your BTC wallet when you "cash out" or do you immediately send your altcoins to their appropriate wallets?

Just wondering if you think it's safe to keep newly purchased altcoins on the site as well?