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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 | |
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Dept. Of Homeland Security Freezes Accounts Between Dwolla And Bitcoin Exchange Mt. Gox
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Oh dear oh dear! |
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#3 |
<&(©¿©)&>
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this sounds like pretty bad news... surprising the price isn't plummeting yet...
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#4 |
So Fucking Banned
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dirty franck left the world
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#5 | ||
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TBH Seeandsee this is bad news for Mt Gox more than anything atm, will be really interesting to see where the price goes tomorrow, already down from $120 to $110. I'm still gonna buy back in if there is a significant drop tomorrow but I think the next month could be incredibly volatile for Bitcoin if Dwolla is the start of an attack on the money transmitting services. I said this last week, if Mt Gox had ANY sense at all they'd be speaking to Bank Of China or any big Chinese bank about moving all their funds to China. If Gox get their Japanese bank accounts frozen the price of Bitcoin will crash below $10 ![]() |
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#6 |
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#7 |
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im making money as we speak from all the panic this is causing...love it.
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#8 |
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#10 |
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What have I been telling everyone since this shit started?
Governments WILL NOT .. absolutely WILL NOT .. allow this shit. Can they shut BC down? No. Can they make it useless? Yes. They WILL find a way to put a stop to this. You and I think of money in amounts. To them it is a TOOL for CONTROL. They're not going to LET you or them or them or anyone CHANGE THAT. |
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#11 |
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hope we see it touch $100, then mass panic and big off sell, buy back in @ $75 and sell in a week when its back at $115
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#12 |
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#13 | |
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#14 |
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sure seems like a very 1/2 assed effort to knock out a billion dollar gig.
serving dwolla for transacting with gox? pfft. btc will ultimately not succeed, but crypto currency will kill btc, ltc is next, feather coins, hell amazon just launched their coins yesterday. |
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#16 |
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#17 |
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#18 |
So Fucking Banned
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^
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#19 |
So Fucking Banned
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Bitcoin and the word investment should never be used in the same sentence.
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#20 |
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One thing that never stops to amaze me it how many people (especially here) are so happy about any low blow cryptocurrencies have to take. Is it a religious thing? Are you that masochistic that you are looking forward to get anally raped by banksters again and again?
Only got one BTC myself and a little collection of different alt coins, but i would love to see cryptocurrencies prevail. |
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#21 | |
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#22 |
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This is horrible news for Franck and his 1 bitcoin.
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#23 |
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heh if only i told you guys all the stupid shit i have done, i once lost 7k on a buy/sell error on my part, i thought i was making a low buy order but it was a sell and when i tried to buy back in it was too late.
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#24 | |
So Fucking Banned
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#25 |
So Fucking Banned
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LOL... Where is Dirty-Ugly-Frankenstein?
Did he get a haircut finally? Or still using that parted in the middle hairstyle? |
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#26 |
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Bring it on ladies, Bitcoin is antifragile..
"Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile. Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better." |
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#27 | |
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http://www.theverge.com/2013/5/13/43...-fire-500-free And the customer reviews of Amazon Coins are pretty harsh: http://amzn.to/19soioi |
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#28 | |
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amazon coins are a crypto currency, period. i added the fact they launched their cc when they did because it's timely with this news that the dhs is going after another cc. it doesn't matter if the all-mighty facebook tried something or the m$, whoopie. none of that is happening NOW. none of that added up to fincen regulations, none of that added up to dhs pulling shit. none of that has anything to do with the fact that that dhs went after dwolla this week. now. |
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#29 | |
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#30 | |
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#31 |
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It seems not to fall from bad news anymore:
People are used to bad news about bitcoin vs govt and banks, in fact bitcoin fans are anti govt and anti banks and it is good PR that govt and banks try to shut down it. It is just matter, at some point govt and banks it will really shut down all the exchangers, not just press, at that time if people can't buy or sell bitcoins, I wonder, perhaps price keeps the same, just with small volume.
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#32 | |
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#33 |
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That feel when dont sell before the crash, they go back up, and then you sell...and they crash again. You cant have super faith in this currency but there is without a doubt money to be made. Will be interesting to see the outcome
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#34 | |
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that's not my definition. First Bitcoin, Now Amazon Coins ? Amazon Releases New Virtual Currency http://www.thebitcoinchannel.com/archives/6357 Like its other platforms, Amazon is taking the long view with its Coins virtual currency http://pandodaily.com/2013/05/13/lik...tual-currency/ it's a currency. but you too missed my point in including that, which was that while the dhs hit dwolla over virtual currencies, there is an increasing prevalance and a greater acceptance of virtual/digital currencies and amazon coins being launched at the same time proves that. hope that is more clear. |
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#35 |
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oh, amazon also fully plans to extend amazon coins to purchases beyond kindle. this is just a rollout of the currency.
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#36 | |
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#37 | |
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exchange the cyrpto part with digital or virtual or flivver, it doesn't matter how it is created, or mined or not mined. |
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#38 |
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here's another way to look at it, a big chink in the armor of btc is the fact it has to be mined. so when btc craps out, and it will, imo, the next digital currency will learn from that and more than likely, not even be mined.
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#39 |
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That assumption is false. Mining bitcoins cost you money. You need to buy computer hardware. You need to pay for power. Unless you do the math it is just as easy to lose money as it is to make money.
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#40 |
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^ Don't confuse him. Bitcoin fanboys don't handle facts and reality very well.
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#41 |
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i cant help to laugh at these idiotic ideas to create crypto currencies, it is completely nuts. it is all an illusion, if you buy into that you are some serious dumbass (unless you are the clever developer who gets other dumb-asses to invest in your scam, then you are the opposite).
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#42 |
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there will be other exchanges , they cant control btc but they will try to control the exchanges using banks in us.
just a thought, btw i would still buy btc if it hits 5 bucks :P
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#43 | |
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strong as ever? it was 2 dollars 4 montsh ago. Cash while you can.
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#44 | |
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Meanwhile some porn sites are actually taking advantage. http://pornforcoin.com/
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#45 |
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#46 | |
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The only way it's possible for me to lose money is if my graphics card burns out, but I have lifetime warranty on it, so I'd only lose a few bucks to shipping.
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#47 |
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Just noticed this thread. Noticed Mt Gox is getting a 501.
First run on a virtual exchange or are they taking virtual currency bank holiday?
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#48 |
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mt gox done got goxxed, they need to give up. seriously, not to mention the $75 million lawsuit they have to sort out and that one looks like gox goxxed themselves.
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#49 |
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#50 | |
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Can't say I'm surprised! From what I've read, the reason why the price hasn't crashed is because people have been taking their fiat out of Mt Gox and converting it to Bitcoins and transferring them away from Mt Gox. But lets be honest who the fuck knows ![]() I expected the price to be sitting at around $75 - $80 today and I was completely wrong |
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