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Bitcoins - digital currency Bitcoins - digital currency

02-20-2014 , 01:24 AM
I made my money through investing and am curious how much money other people use to play abroad, I have had more than 10,000 BTC when I first started and have significantly less than that now, like I am going to dedicate all the money I have to play poker with some of the toughest without at least some play under my belt to see if I am a winning player instead of just jumping in with all the money i have just because i can

I can comfortably play with 250k and if I lost it all would not be phased hence why I asked the question

If you want proof I can give it to you thankfully you can sign the private keys with bitcoin wallet clients

Pm me if you care that much I'd be happy to prove it to you
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02-20-2014 , 01:26 AM
Heh TC, I just meant that I imagined Raine to be furious at facing the standard rebuttal for people like Shoe or people who have indeed only thought about bitcoin for 10 minutes.

Quote:
Originally Posted by RaineTech
You're absolutely right tomcollins (/sarcasm). I for officially the last time am done with this thread. Lol at all the things you just said. Seth quit posting here for good reason. You are so extraordinarily biased to the real world that it's no longer worth the effort of saying anything just to go to insane lengths to defend it. I surrender. Best of luck all.
I hope this is just a tilt post, gl if not

Quote:
Originally Posted by NxtWrldChamp
stuff
Yeah there are a ton of people claiming to own a ton of coins. Standard
Bitcoins - digital currency Quote
02-20-2014 , 01:33 AM
Quote:
Originally Posted by kimboslice
I made my money through investing and am curious how much money other people use to play abroad, I have had more than 10,000 BTC when I first started and have significantly less than that now, like I am going to dedicate all the money I have to play poker with some of the toughest without at least some play under my belt to see if I am a winning player instead of just jumping in with all the money i have just because i can

I can comfortably play with 250k and if I lost it all would not be phased hence why I asked the question

If you want proof I can give it to you thankfully you can sign the private keys with bitcoin wallet clients

Pm me if you care that much I'd be happy to prove it to you
Oh you have me 100% convinced, don't worry about that.
Quote:
Originally Posted by kimboslice
Happy new year all, just wondering if anyone can tell me the amount of players on the nj sites and what stakes are being played regularly, wondering if its worth moving to play full time

Thanks
Have you moved to NJ to grind poker full time on their online sites? With $3 million + and wanting to play poker for a living I'm trying to decide if their is possibly a worse alternative to moving to NJ to grind their online poker. I'll get back to you when I can think of a worse location to move while pursuing your dreams.
Bitcoins - digital currency Quote
02-20-2014 , 01:34 AM
Quote:
Originally Posted by yukoncpa
Can somebody please explain the bolded to this newb. Thanks. Are these things going to make credit cards disappear, make ATM machines go away? What all will they do?
People who say that (imo) are talking less about the financial side of bitcoin and more about the fact that the technology allows irreversible and reliable transactions without relying on confirmation from a third-party. This can be extended to many areas of life
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02-20-2014 , 01:41 AM
If I asked if its worth it what would make you think I just moved there, I do my research before making any type of play, there is hardly any volume at those sites so no I did not move

I can't tell if you are being sarcastic in some of your statements if you are going to spite me how about I just send you the signed addresses?

I've not made any leap into a big poker decision its something that I want to do however I am more of a rec fish than anything else, if I ever decide I want to pursue a poker career its on the table but I've made enough to be comfortable for a long time and it just isn't a priority for me
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02-20-2014 , 04:52 AM
Can't believe that MtGox price dropped to $134. You would think that at this point they would have no problem fixing whatever balance issues they had by arbitraging.
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02-20-2014 , 06:03 AM
Quote:
Originally Posted by yukoncpa
Can somebody please explain the bolded to this newb. Thanks. Are these things going to make credit cards disappear, make ATM machines go away? What all will they do?
I think Andreas Antonopoulos is one of the best at explaining the potential of bitcoin. This video was eye-opening for me when I started reading up on bitcoin.

https://www.youtube.com/watch?v=c2CsJ2HMA2I
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02-20-2014 , 06:08 AM
MtGox vacated their offices?
http://www.mtgoxprotest.com/?p=36

More bad news from the Gox front (and a huge price tank). I'm amazed at that naivety/stupidity at the moment on Reddit from people who take the line that "MtGox's address change was probably planned months in advance". MtGox is taking the path of many failing businesses ahead of them. We're watching a train wreck in action.
Bitcoins - digital currency Quote
02-20-2014 , 06:41 AM
Quote:
Originally Posted by Gullanian
MtGox vacated their offices?
http://www.mtgoxprotest.com/?p=36

More bad news from the Gox front (and a huge price tank). I'm amazed at that naivety/stupidity at the moment on Reddit from people who take the line that "MtGox's address change was probably planned months in advance". MtGox is taking the path of many failing businesses ahead of them. We're watching a train wreck in action.
They just confirmed moving office and have pushed back on their promise to start withdrawls. Doesn't look good for them at all.

https://www.mtgox.com/img/pdf/20140220-Announcement.pdf
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02-20-2014 , 06:43 AM
"security problems" being what exactly? Protestors?

What a terrible time to chose to move office lol.
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02-20-2014 , 06:54 AM
Has anyone here made an altcoin? Came up with an idea for one.
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02-20-2014 , 08:06 AM
Quote:
Originally Posted by TomCollins
Everyone is all over 3D Printing, I think it's mostly a joke.
You obviously haven't taken the time to investigate it thoroughly and are ignorant on the subject. Anyone with any sense that has taken the time to learn about the advantages knows this 3D printing is a world changer. I would say it's easily the 7th most important invention of our time.
Bitcoins - digital currency Quote
02-20-2014 , 09:27 AM
Quote:
Originally Posted by RaineTech
You're absolutely right tomcollins (/sarcasm). I for officially the last time am done with this thread. Lol at all the things you just said. Seth quit posting here for good reason. You are so extraordinarily biased to the real world that it's no longer worth the effort of saying anything just to go to insane lengths to defend it. I surrender. Best of luck all.
Seth quit posting due to not wanting to get into pissing matches with the troll brigade.
Bitcoins - digital currency Quote
02-20-2014 , 09:30 AM
Quote:
Originally Posted by Didace
You obviously haven't taken the time to investigate it thoroughly and are ignorant on the subject. Anyone with any sense that has taken the time to learn about the advantages knows this 3D printing is a world changer. I would say it's easily the 7th most important invention of our time.
It's possible. I've just never had anyone who does "get it" be able to explain to me how it's that useful, other than some niche use cases (in which case it already has been used for a while).
Bitcoins - digital currency Quote
02-20-2014 , 09:46 AM
Quote:
Originally Posted by yukoncpa
Can somebody please explain the bolded to this newb. Thanks. Are these things going to make credit cards disappear, make ATM machines go away? What all will they do?
They won't displace any established first world method of payment. Some form of crypto will likely be some part of emerging markets though. It's an extremely exciting new technology, simply based on the technical aspects of it. The price doesn't have to be high for bitcoin to succeed.
Bitcoins - digital currency Quote
02-20-2014 , 10:13 AM
Quote:
Originally Posted by RaineTech
You're absolutely right tomcollins (/sarcasm). I for officially the last time am done with this thread. Lol at all the things you just said. Seth quit posting here for good reason. You are so extraordinarily biased to the real world that it's no longer worth the effort of saying anything just to go to insane lengths to defend it. I surrender. Best of luck all.
dont go
Bitcoins - digital currency Quote
02-20-2014 , 10:54 AM
Quote:
Originally Posted by TomCollins
Everyone is all over 3D Printing, I think it's mostly a joke. Or you don't see how you have an edge or how to make the right play or evaluate it, you stay away from what you cannot be an expert at.
Quote:
Originally Posted by Didace
You obviously haven't taken the time to investigate it thoroughly and are ignorant on the subject. Anyone with any sense that has taken the time to learn about the advantages knows this 3D printing is a world changer. I would say it's easily the 7th most important invention of our time.
lol this response is pretty on point.

I went on a field trip the other day to 3M. I talked to one of their engineers. All engineers agree that 3D printing will be huge in the years to come. He says it will remain fairly stagnant for the next few years as they try to make the technology more economical and efficient. Once that hurdle is passed all engineers agree that everyone and their dog will have 3D printers in their homes. For this reason I'm not going to invest in it quite yet, but in 12-18 months time I will be putting a significant amount of my net worth in 3D printing technology.
Next week I'm going to job shadow a financial analyst and if I get a chance I'll ask him his thoughts on 3D printing so I can get a gauge on what analysts worldwide think about it as an investment.
I also have a friend in the upper echelons of government who tells me not to invest in 3D printing because it won't last long. He says they are very close to (maybe already have) developed a 4D printer. I can't give you any more information on this.
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02-20-2014 , 11:11 AM
I wouldn't think putting a good chunk of your net worth into 3D printing because an engineer at a random 3M factory said it's going to be big is the best idea.
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02-20-2014 , 11:18 AM
3D printing is gonna be huge in low end housing construction
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02-20-2014 , 11:24 AM
Quote:
Originally Posted by Didace
You obviously haven't taken the time to investigate it thoroughly and are ignorant on the subject. Anyone with any sense that has taken the time to learn about the advantages knows this 3D printing is a world changer. I would say it's easily the 7th most important invention of our time.
Quote:
Originally Posted by housenuts
lol this response is pretty on point.

I went on a field trip the other day to 3M. I talked to one of their engineers. All engineers agree that 3D printing will be huge in the years to come. He says it will remain fairly stagnant for the next few years as they try to make the technology more economical and efficient. Once that hurdle is passed all engineers agree that everyone and their dog will have 3D printers in their homes.
Any good resources that show the potential of 3D printing?
Bitcoins - digital currency Quote
02-20-2014 , 11:26 AM
so are all my assets on mtgox doomed? will i ever get my coins out?
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02-20-2014 , 11:31 AM
Quote:
Originally Posted by ValarMorghulis
Any good resources that show the potential of 3D printing?
http://forumserver.twoplustwo.com/30...thing-1158635/

http://forumserver.twoplustwo.com/30...hread-1162537/
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02-20-2014 , 11:46 AM
What's the best way to invest in 3D printing?
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02-20-2014 , 11:54 AM
Quote:
Originally Posted by Rikers
3D printing is gonna be huge in low end housing construction
it's also going to be the biggest thing on the moon
Bitcoins - digital currency Quote
02-20-2014 , 11:59 AM
Quote:
Originally Posted by TomCollins
Everyone is all over 3D Printing, I think it's mostly a joke.
I did my Bachelors thesis on 3D printers. Imo they are not a joke. The commercial ones that normal people buy from companies like Makerbot are a bit of a joke for most individuals but some companies use them for rapid prototyping. Today have a lot of issues, hot plastic is sticky... However 3D printers from companies like Arcam are not a joke and I am confident that we can expect to see parts made from similar technology used in more and more products.

Nobody knows if 3D printers will disrupt manufacturing, most people seems to think this is not the case. But 3D printers will have an important roll in the near future being able to produce some things that other manufacturing methods cannot or with lower costs than other methods.

As for bitcoins, it is clear that bitcoin has its applications. Other payment methods might replace it, but until they do we can be pretty much certain that bitcoin or other cryptocurriencies are here to stay.
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