Search content
Sort by
Showing 20 of 69 results by BitcoinMagician
Paper wallet is as secure as a hardware wallet when generated offline and used safely. Using BIP38 encryption strengthens the paper wallet by not allowing unauthorised users to get the unencrypted private key to spend.
Hey guys, I've got some money sitting in a savings account making low monthly interest (well below 2%) so I thought I'd invest in some bitcoins instead 
I remember hearing about Bitcoin when it was first released and loved the idea but didn't have the funds to play around with it back then...Now I do. Anyway, I already have a long time friend who is in the bitcoin buying/selling/trading "game" and that is really all I am interested in as well. He strategy is something like this;
1) He buys bitcoins on Circle (from a U.S VISA debt card tied to U.S Bank account) when price is low
2) Holds on to them until price rises (from Circle, he transfers them to a wallet on his local PC for storage, Electrum)
3) After price goes up, he sells them on Localbitcoins
4) For example, in November he bought 5 when price was ~$280....Sold them yesterday for ~$420 each ($700 USD profit in 30 days)
He pays very little sending/receiving/converting fees along the way and everything is almost instant he says, and relatively safe. Any thing wrong with the above? Any better suggestions?
I'm not a U.S citizen but I do have a U.S based bank account and debt card so only want to buy them with USD funds I have on there...No paypal/gift cards/etc. No dealing with chargebacks, invalid codes, etc. Aren't bank transfers the best option anyway?
If it does work, everyone would be rich. The main problem here is the risk. Bitcoin doesn't always rise, it can fall too. If it does, you would suffer huge losses. I'm sure that they at least need a simple ID verification for using their exchange.I remember hearing about Bitcoin when it was first released and loved the idea but didn't have the funds to play around with it back then...Now I do. Anyway, I already have a long time friend who is in the bitcoin buying/selling/trading "game" and that is really all I am interested in as well. He strategy is something like this;
1) He buys bitcoins on Circle (from a U.S VISA debt card tied to U.S Bank account) when price is low
2) Holds on to them until price rises (from Circle, he transfers them to a wallet on his local PC for storage, Electrum)
3) After price goes up, he sells them on Localbitcoins
4) For example, in November he bought 5 when price was ~$280....Sold them yesterday for ~$420 each ($700 USD profit in 30 days)
He pays very little sending/receiving/converting fees along the way and everything is almost instant he says, and relatively safe. Any thing wrong with the above? Any better suggestions?
I'm not a U.S citizen but I do have a U.S based bank account and debt card so only want to buy them with USD funds I have on there...No paypal/gift cards/etc. No dealing with chargebacks, invalid codes, etc. Aren't bank transfers the best option anyway?
It will happen at block 420000. Bitcoin tries to maintain it's block frequency at an average of 10 minutes in the long term but due to increase in hashrate during the midst of the difficulty term, it is impossible for it to be at 10 minutes. However, we can more or less tell where it is. It will happen at approximately 2016-07-22 UTC. Of course, if the blocks gets delayed at 419999 due to varience, it would be pushed back slightly.
157UDsYCkUds1t8ed6xZpLVr2bXHpraqad
Will do!
Previous computer got infected with virus. Changing my address! Will do!
1Q6ERaJuRWrW1Ay2Fv922EF3jeWyTC5uvZ
Bitcoin total hashrate is significantly increasing due to a variety of factors. Until the next difficulty, we are likely to see a slightly shorter block time. However, OP is experiencing a varience as blocks are never consistent and the intervals can be very short or very long.
i like bitcoin
low fee but more scam
what about scammer ?
low fee but more scam
what about scammer ?
well scammer is every where digital money or not. its your choice to be more cautious or not.
im sure you can tell if someone is trying to scam you.
If gambling can be profitable in the long term, casinos won't even exist or make a profit. Even if you're disciplined and don't let greed take over you, you need a huge luck to have more wins over lose (if you're flat betting). Strategies wouldn't work due to the progression.
The escrow needs to hold the paypal money and BTC for 180 days. Before that, chargeback is highly probable. Risk can be reduced if you deal with trusted people on this forum. Paypal seller protection doesn't protect Bitcoin AFAIA.
Re: Obama a fuck up. is it because of his ethnicity or something else?
Yes, he/she/it can. It's one of his/her/its main ingredients of physical makeup.
Obama is a puppet, just like all the other presidents.
Precisely! Most of our representatives are bought off, and our politicians have a more right-wing ideology than the people they represent (on average, that's what I read somewhere). They are the puppets of corporations.
I don't think the Obama administration has done any worst than the last few administrations, it hasnt done much better, ether (we have to keep in mind that there has been a recovery during it). He's a lackluster leader, and it has nothing to do with the color of his skin. The "Obama fuck-up", whatever it might be (there's tons of real criticism to his administration, there are a few fake scandals [death panels, for example]), had nothing to do with his ethnicity.
No need to exploit this divide, I really don't think we should be in the middle east anymore. The US has no role to play there. What are we even fighting anymore!? Yeah, yeah "war on terror"... but I don't think this is a wise use of our resources. This whole situation is not as big a threat as it once was. The biggest threat we've had in modern times are security vulnerabilities, that's what caused 9/11. The only thing we have to do overseas is protect and advice our allies. Let the divide in the Muslim community of the middle east play itself out. We don't have to involve ourselves in every tragedy in Africa and the middle east. We have more urgent issues at home.
We're not doing right by our own citizens. Our citizens and our allies should be priority! When we've met most of their needs, maybe then we can go into some broken nation and try to get their people proper security, governments, lifestyle, etc. But right now, we just don't have the resources.
We're not doing right by our own citizens. Our citizens and our allies should be priority! When we've met most of their needs, maybe then we can go into some broken nation and try to get their people proper security, governments, lifestyle, etc. But right now, we just don't have the resources.
Re: They want my dna, urine samples to buy Bitcoins In the USA
see,im from alabama and cex.io wont sell to me do to a licence problem, the closest local bitcoin guy is like 100 miles away, there is no BTC ATM's, i dont wnt to get scammed by someone i dont know and the rest wants so much data on me it scares me since i am using the darknet with the funds... what to do..... 
Well, with localbitcoin, you don't always have to meet, or even be in the same state. Like I said, I'm thinking of using moneygram. There are some people that ask for cash deposits (https://localbitcoins.com/buy-bitcoins-online/cash-deposit/), you can look for a bank in the US that works for you (though for that, I suggest you browse into those options, rather than using my link, cause then, you'd get more useful listings.
Re: They want my dna, urine samples to buy Bitcoins In the USA
I'm thinking of buying a few bitcoin by sending it through moneygram. There are a few people in LocalBitcoin.com that accept it as a form of payment, and they don't over-charge too much. They're usually selling at a 2% above market rates. For me, it's the most convenient way to do it (anonymous, too) as the fees on the exchange I have available to me are above the fees of the moneygram transfer. I would suggest that route for you too.
I would totally watch that movie, though it would probably not make it to theaters where I'm at. And I did not know that there was a silk road movie. I'll be checking that out soon. Bitcoin is barely beginning to make noise. Quite a few people have heard of it, not many know of it. We're getting more press when we have bad news, but I'm sure a well-made movie would show the more nuanced picture of the bitcoin market.
The police need better accountability, better hiring practices, better people skills, de-escalation skills, etc. Man, these incidents are going to just keep piling up more and more as time passes and there are more cellphone cameras in people's pockets. There should be a thing where an off-camera police officer is an off-duty police officer. Also, have it have a button to hold for several seconds to turn off and that comes back on after three or four minutes. We also need blacklisting from police jobs, to prevent the wrong people from simply being re-hired elsewhere as police officers.
But all these things are meaningless without proper prosecution for police wrongdoing. Bullshit legislation needs to be removed (starting with civil forfeiture, immediately) and police corruption cracked down on hard.
But all these things are meaningless without proper prosecution for police wrongdoing. Bullshit legislation needs to be removed (starting with civil forfeiture, immediately) and police corruption cracked down on hard.
You can post your own thread offering your jewelry in the goods section of this forum's marketplace (https://bitcointalk.org/index.php?board=51.0). Be sure to use an escrow. Cryptothrift.com might be useful for you, I havent tried it out, but it seems like an OK site. Good luck diving into bitcoin. If you have questions, you might want to go to the Beginners and Help subsection of this forum (https://bitcointalk.org/index.php?board=39.0).
Litecoin really came to life before its halving, but now, it seems like it's going to go back to its old self. It's going to keep dropping in price, flatting out at some point above $0.7, I think. That is, unless it manages to recover in about 2 months (which is a timeframe I arbitrarily came up with). Bitcoin is far more useful, therefore, the one with a brighter future.
Re: Police officers being taught deadly martial arts.
No why would it. They probably are already taught self defense but are cowards so will go straight for their guns because they just cant wait to use them. Shoot first ask questions later.
Yeah, that looks to be the disturbing picture being painted by each new incident that comes to light, including the most recent one where a man with his hands up in the air (surrendering) is senselessly murdered in plain daylight. But the problem is not with most police officers, the problem is that when their coworkers investigate, prosecute and sentence them, they are not properly held accountable. There are few murderous bastards in the police force, but those that are... they're very comfortable killing when presented the slightest opportunity. Same goes with other wrongdoing and corruption.
Anyways, I dont think teaching them any martial arts makes any difference. That's because (I have heard) that the standards for the police are too low. They are in good shape when joining the force, but they're not running drills to keep in shape. They're given military surplus, but are not given military rules of engagement (which I think would be a great improvement over how they behave right now). They can be taught the deadliest martial arts, but they're not going to be expected to practice it, they're not going to be expected to hone or maintain their skills. That's what it boils down to. After a year or two, for most cops, it won't make a difference.
Could be that your posts are of low quality, in the eyes of the moderator in which you've posted. Or maybe you posted something of OK quality in a thread that is unrelated to what you said. Those are the only two options I can think of.