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Showing 20 of 100 results by nodroids
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Board Bitcoin Discussion
Re: Why Is There So Much Talk About The Dark Side Of BTC?
by
nodroids
on 29/01/2014, 16:21:40 UTC
So much negative bc people want as much of the future of financial services as they can get for as cheap as they can get it. Also all the "smart" people want to feel justified in missing buying in and can't bring themselves to take the "risk", so they have to cover up their ignorance by writing witty criticisms to feel smart and not like they are missing out.

Here's my kick at the can... OMG we are allowing to get arrested!! SELL SELL SELL (recheck my $500+ buy orders).
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Board Bitcoin Discussion
Re: CEO OF BITCOIN EXCHANGE ARRESTED
by
nodroids
on 28/01/2014, 16:55:17 UTC
This is expected. The only threat is from our own developers. Its only internal for us now. Go on weak hands, give me some $540 coin.
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Board Speculation
Re: why were staying ~800 ish
by
nodroids
on 26/01/2014, 07:50:59 UTC
I got short a little and more cash on my main exchange to buy this dip which I hoped would be deeper, but still two more weeks in my theoretical dip period, so jot sweating too badly on being a little overly fiat exposed. Just keep your eyes On developers like Mike Hearn to not be screwing over the protocol itself!
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Board Speculation
Re: [BITCOIN PRICE THEORY PROPOSAL] [ 23 jan DATA ] bitcoin statistics
by
nodroids
on 26/01/2014, 07:30:42 UTC
Great work! Thank you.
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Board Bitcoin Discussion
Re: Fiat in the event horizon of BTC....thats how you explain it.
by
nodroids
on 26/01/2014, 06:03:20 UTC
Nice! Now I have another way to tell ppl that the risk is NOT holding Bitcoin. Let's see these 'elite' perform a bail-in now! Just go ahead and try it. Come on, pick up that gun!
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Board Bitcoin Discussion
Re: Freezing BitCoin addresses by regulating miners
by
nodroids
on 26/01/2014, 05:56:32 UTC
If I might be so presumptuous to get back to blacklisting... WHAT ARE YOU FRICKING NUTS!?Huh You want to destroy Bitcoin? If we blacklist some coins then how can anyone trust that their's won't be next?! If someone (gov) can come along and say "these coin were once used in a crime, maybe not by you (but maybe you) so now you have to give them up even though you earned them legitimately more recently" then that would MURDER any hope of this being a circulating currency. If there can be such thing as dirty coin no one takes the risk of transacting. I sure as sh't hope everyone starts using dark wallets and blacklisting dies a horrible death as an idea.
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Board Bitcoin Discussion
Re: Pay your bills in canada with bitcoin
by
nodroids
on 23/01/2014, 15:08:22 UTC
Leading the way.
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Board Bitcoin Discussion
Re: What are the chances BTC is replaced by something better soon?
by
nodroids
on 22/01/2014, 21:09:01 UTC
Ya, I've seen almost nothing but clones. NXT is basically a clone that makes some improvements but in principle, is the same.

Mastercoin however with allowing chargebacks is an real alternative that solves for alternative uses, but MasterCoin is built on Bitcoin and uses BTC as collateral. So BTC is still the undisputed king for the next 4 years imo. Although I haven't spent the hours and hours of research to really call myself a student of the whole altcoin landscape.
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Board Bitcoin Discussion
Re: Not sure that I get what is happening on the 30th
by
nodroids
on 22/01/2014, 21:02:41 UTC
Mini drop is all my money on the exchange is holding out for. But I don't think we can rule out a drop towards $540 with the Fed Silkroad announcement.
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Board Bitcoin Discussion
Re: Not sure that I get what is happening on the 30th
by
nodroids
on 22/01/2014, 20:43:54 UTC
All ways for getting money on and off exchanges will come to a halt on the 30th. I personally have gotten a little money out of a small percentage of BTC and remains on the exchange to buy back in a little lower. Day traders will probably trade and keep volume up until the very last couple of days. Then demand for BTC in China will probably wane significantly for a few months, and I'm hoping for $530 BTC.
Also the well to do Chinese are expected to hand out a lot of cash during Chinese New Year, (little red and gold envelopes), so I think overall, China will be getting very short BTC. So cobble together everything you can, and get it on your favourite exchange! "Beep Beep Beep" as my 2 year old would say for the trucks.
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Board Politics & Society
Re: Argentina on lockdown- $25 max out of country purchase, 50% tax on beyond that
by
nodroids
on 22/01/2014, 14:49:23 UTC
Bitcoin to the rescue! If I were an Argentinian I would do what I'm already doing as a Canadian (hehe), everything the moment I get it in fiat would go into BTC. Their history of foreign exchange is just the worst, I would never keep anything in cash there, I would find a landlord who would take bitcoin, maybe even a grocer too.
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Board Bitcoin Discussion
Re: Bitcoin tourism - a question
by
nodroids
on 19/01/2014, 23:00:17 UTC
Admittedly the porn payments are going to raise awareness for those who want a certain level of anonymity.

But real mainstream acceptance, in my opinion is going to be with more mundane and everyday things. Avoiding currency conversion costs could be a major incentive.

I flee to warmer climes, and transaction costs across borders in fiat kill me. I try to get everyone to accept bitcoin for major purchases and if they did, it would make my wintering abroad so much better. Tourism is exactly 'the mundane way to reduce transaction costs' because a foreign currency zone is exactly where bitcoin can shine most in reducting transaction costs.

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Board Bitcoin Discussion
Re: Here's how you ensure Bitcoin succeeds:
by
nodroids
on 19/01/2014, 22:55:35 UTC
The question is how much more 3 figure coin I can get my hands on before the next run to $5400. Bitcoin needs no help now. It's out of the bag. It is a factor of 10 in greater efficiency than any other account settlement technology, it is so far superior that I'm just trying to get all the fiat into it I can before everyone else knows about it and has got accounts at exchanges.
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Board Bitcoin Discussion
Re: Name something you've actually BOUGHT with bitcoin
by
nodroids
on 19/01/2014, 22:49:35 UTC
I spent some bitcoin and boy do I regret it. Let other people spend, it looks like 2014 will see $300-$400 million in actual sales transaction via bitcoin now that the whole porn industry, Zynga, etc., are on it. I'll sit tight and watch bitcoin hit $40,000 on the back of other people's spending and liquidity proofing thank you very much.
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Board Bitcoin Discussion
Re: Is Linux Distro SAVE form BTC s Torjan
by
nodroids
on 19/01/2014, 22:47:07 UTC
I would love to take a lesson on how to control ports. I have a dedicated machine that never gets any new software, never gets anything downloaded accept for websites and no adds, but I still feel like I'm a sitting duck without being able to control open ports on the fly.
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Board Bitcoin Discussion
Re: Bitcoin not legal tender in Canada
by
nodroids
on 18/01/2014, 14:57:41 UTC
I put $6500 On the exchange. I also sold a few at 885 CAD and that is also bidding for coin in low $700s. My hypothesis is 1. That most ppl still have no idea about bitcoins massive value, b. Bills from holidays are coming in, c. Chinese New year will pull tons of cash out of btc, c. also Chinese exchange limits going into effect will also deflate trading volume...

Overall it is kind of silly to expend much energy getting coin for %20 cheaper at any given time, when with $300 million in sales transactions, all the force integration and all the other infrastructure, the fact that transaction costs with th crypto are a factor of 10 more efficient, etc, it is perfectly obvious that we will see $40,000 soon.
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Board Bitcoin Discussion
Re: Bitcoin not legal tender in Canada
by
nodroids
on 17/01/2014, 21:44:50 UTC
Canada will go the way of the US. The Canadian bitcoin industry has been very responsible and is in regular official communication through one main lawyer with the government. We are no India or China.

If the US moves against Bitcoin, Canada won't be far behind. And remember, if they move against it, it's a badge of honor for bitcoin. Bitcoin is it's own hedge, it's so superior that if it's banned it'll be an admission by the central banks that their system can't survive crypto's adoption, meaning everyone will choose to hold crypto to guard against the poor house as fiat collapses from the straw on the camel's back (the straw being crypto).

Anyways, I'm super glad for all this bearish news because I got a whack of fiat waiting for all the idiots to sell to me (why would you sell below $4000 in the next three months?!?!?). We know that btc will reach $40,000 with Zynga, Overstock.com, etc., and porn industry and the 250,000 ZipZap (or whatever) convenience stores adopting it. The major retailers are lining up to adopt it for payment.
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Board Bitcoin Discussion
Re: [Offically Announced] U.S. Set To Sell All Silkroad's Bitcoins
by
nodroids
on 17/01/2014, 21:32:04 UTC
I got short at the beginning of the week, and sweated... I hate selling coin at anytime. But now it appears to have been a smart move (just need some therapy to repair the trama from having my stash down by %10 for a few days). My game plan is coming together, I now have thousand$ waiting to catch this fall out. I can't believe people are selling coin under $4000 right now, and thank you!
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Board Bitcoin Discussion
Re: ZipZap adds 25k locations in UK and 240k locations in Russia for Bitcoin for Cas
by
nodroids
on 13/01/2014, 15:15:02 UTC
Just the last 4  announcements from Overstock.com to Zynga, the 50,000 porn sites, now thiS! Means $40,000 per BTC is in view. Like it's a real and present possibility now.

Now we just need one country to fully legalize it.
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Board Bitcoin Discussion
Re: Name the 0.0001 BTC unit - Final Poll
by
nodroids
on 09/01/2014, 19:57:50 UTC
Oh darn, shoulda voted for Finney... The basic point was made about the 6th decimal point needing to be the Naka before the Satoshi in the 7th decimal point. Missed that! Doh!