bitcoins for cheaps! - GoFuckYourself.com

Blackrose · 02-10-2014, 04:59 AM

ok, who here were able to buy at $102? :D

got in at $320s myself

See Cig · 02-10-2014, 05:46 AM

from what market?

Lykos · 02-10-2014, 05:50 AM

I slept it over, FUUUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCCCCCCCCKKKKKKKK KKKKKKKKK!!!!!!!!!!!!!!!!!!!!!

Blackrose · 02-10-2014, 06:09 AM

im trading at btc-e

sold at $600 ... ill buy back again later today. ive put a buy order at $200 this time lol

Blackrose · 02-10-2014, 06:10 AM

it would suck sooo bad to be the guy or bot that sold at $100s LOLOLOL

See Cig · 02-10-2014, 06:13 AM

btc-e never got near the numbers you are talking about.

i have buy orders in far above that.

Blackrose · 02-10-2014, 06:31 AM

are we looking at the same charts? there were people who got their $200s buy orders filled

Penny24Seven · 02-10-2014, 06:34 AM

it did go very low but not for long and they were buying them up like mad.

freecartoonporn · 02-10-2014, 06:38 AM

yes yes yes.

seeandsee · 02-10-2014, 06:45 AM

bitcoin crashing his ass?

adultmobile · 02-10-2014, 07:15 AM

$100 lol - this thread needs btc ticker

DannyA · 02-10-2014, 07:19 AM

I was considering getting a large amount before people were speculating to actually use as currency, but I'm not kicking myself. I still don't think it's even a remotely good idea to speculate on cryptocurrency. There are a lot of people who made a killing, but like in any other market you've got them patting themselves on the back without having any real perspective on the gamble they took.

All the crazy profits just reflect a crazy volatility that no currency should have. Speculators should not be able to control the value of anything like that, especially actual fucking money.

Just remember that cryptocurrency as a commodity depends on it ultimately being USED as currency. You can time your bets on bubbles shrinking or growing, but you can't control the intrinsic value. If society doesn't switch to using it as money, the bubble bursts.

Now let's be honest. I was going to buy bitcoin to use for things I didn't want traced back to me. Anonymity is the only benefit to using it at all. The fucking cyberpunk libertarian evangelists may create cool wallets and whatever, and you may be able to use it at X restaurant or Y electronic cigarette vaporizer store in Minnesota, but almost all of it was spent on drugs on the silk road. The rest was used to wash money made doing identity theft and things like that. Why else would you use it? You have to pay somebody to change it into real money you can use and it's not insured or remotely secure.

The real reason I say stay out though, is that it's not even remotely the best way to do crime. If I'm one of the people who actually provide the intrinsic value I'm doing (illegal) business with it. Speculators can change the value of bitcoin but the price of heroin doesn't change. If I spend $1,000 on heroin, sell it for $1,500 worth of bitcoin, then the value of the bitcoins drops to $1,000 again I'm out $500. That's money earned working lost, not something I wanted to gamble on. Fuck that, I'm just gonna use greendot. That's anonymous and I can depend on the dollar guaranteeing I can make the reup tomorrow.

End rant lol. Shit makes me nervous.

See Cig · 02-10-2014, 10:49 AM

http://bitcoinity.org/markets/btce/USD

ruff · 02-10-2014, 12:16 PM

I'm buying one a week rain or shine. Don't give a shit. In for the win. Bitcoin ain't going away anytime soon. Mining Doge for Bitcoin, such wealth.

freecartoonporn · 02-10-2014, 09:02 PM

Quote:

Originally Posted by adultmobile

$100 lol - this thread needs btc ticker

*Thanks to www.pozee.com

crockett · 02-10-2014, 09:40 PM

So why did the price drop this time around? I noticed the last few days it was dropping.

mineistaken · 02-10-2014, 10:09 PM

Quote:

Originally Posted by adultmobile

$100 lol - this thread needs btc ticker

So neither 100, nor 250, nor anything remotely close to that happened, yet people clay they bought for that.
How come?

lezinterracial · 02-10-2014, 10:37 PM

Quote:

Originally Posted by crockett

So why did the price drop this time around? I noticed the last few days it was dropping.

Rumors of a flaw in the protocol.
http://www.networkworld.com/news/201...mt-278584.html

I will be honest with you. I don't know alot about how bitcoin works. That is why I never really got into buying any.

CurrentlySober · 02-11-2014, 06:00 AM

i lick pubic toilets...

lyno · 02-11-2014, 06:28 AM

Quote:

Originally Posted by crockett

So why did the price drop this time around? I noticed the last few days it was dropping.

https://bitcointalk.org/index.php?topic=458386.0

Summary: The possibility to fake/alter a transaction id is know for years and no problem with the official client. Gox modified the original for their use, fucked up and now claim that this is a bug within the Bitcoin protocol.

.

BaliPimp · 02-11-2014, 08:37 AM

scary charts

Paul · 02-11-2014, 09:39 AM

Quote:

Originally Posted by crockett

So why did the price drop this time around? I noticed the last few days it was dropping.

Mt Gox suspended Bitcoin withdrawals, promised that the suspension would only last over the weekend.

Quote:

Originally Posted by mineistaken

So neither 100, nor 250, nor anything remotely close to that happened, yet people clay they bought for that.
How come?

Then Monday came, Mt Gox issues another statement that Bitcoin withdrawals are still suspended and proceed to blame their "issue" on a 2 year old transaction ID issue (Total Bullshit) As lyno has mentioned above.

So what happened on Monday was someone thought they'd be clever by dumping 1000s of Bitcoins on the Market in a low liquidity environment and the dumping ate right through the order book the whole way down to around $100 and the price rebounded very fast.

So yep if you anticipated this move or had a buy order sitting around $100 - $200 those people have made an easy 300% - 600% return in a few hours.

As for anyone who has any money on Mt Gox, it's looking really bad. Cyprus bank run bad...

Ironic really because the very issue that caused the surge in Bitcoins price in the first few months of 2013 is partly responsible for the price declines atm.

adultmobile · 02-11-2014, 01:24 PM

DAMNMAN · 02-11-2014, 06:12 PM

There's a flaw in MtGox's wallet system and the way they integrate with the bitcoin blockchain. MtGox stupidly tried to shift the blame to the protocal itself. Dicks!!!

Bitcoin is an invertment in the future and whatever happens on a daily basis doesn't mean shit to me. I ain't selling any Bitcoins yet. I'll hold the ones I've got 'till they hit zero. (or a million) I am convinced they are not going away and will be worth big bucks very soon..

DBS.US · 02-11-2014, 06:33 PM

The Glitch That Will Help Kill Bitcoin
As the world's first, and most popular, cryptocurrency, Bitcoin has by now suffered every possible setback a payment project could encounter. It was implicated in a huge drug bust when the Federal Bureau of Investigation took down the Silk Road electronic exchange.
http://www.bloomberg.com/news/2014-0...l-bitcoin.html

02-10-2014, 04:59 AM	#1
Blackrose Confirmed User Join Date: Aug 2001 Location: Carnal City Posts: 344	bitcoins for cheaps! ok, who here were able to buy at $102? :D got in at $320s myself __________________ The die is cast... The dice are rolled... You look like shit... I feel like gold -- Uh, me?

02-10-2014, 05:46 AM	#2
See Cig Confirmed User Join Date: Jan 2005 Posts: 515	from what market? __________________ See Sig

02-10-2014, 05:50 AM	#3
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,027	I slept it over, FUUUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCCCCCCCCKKKKKKKK KKKKKKKKK!!!!!!!!!!!!!!!!!!!!! __________________

02-10-2014, 06:09 AM	#4
Blackrose Confirmed User Join Date: Aug 2001 Location: Carnal City Posts: 344	im trading at btc-e sold at $600 ... ill buy back again later today. ive put a buy order at $200 this time lol __________________ The die is cast... The dice are rolled... You look like shit... I feel like gold -- Uh, me?

02-10-2014, 06:10 AM	#5
Blackrose Confirmed User Join Date: Aug 2001 Location: Carnal City Posts: 344	it would suck sooo bad to be the guy or bot that sold at $100s LOLOLOL __________________ The die is cast... The dice are rolled... You look like shit... I feel like gold -- Uh, me?

02-10-2014, 06:13 AM	#6
See Cig Confirmed User Join Date: Jan 2005 Posts: 515	btc-e never got near the numbers you are talking about. i have buy orders in far above that. __________________ See Sig

02-10-2014, 06:31 AM	#7
Blackrose Confirmed User Join Date: Aug 2001 Location: Carnal City Posts: 344	are we looking at the same charts? there were people who got their $200s buy orders filled __________________ The die is cast... The dice are rolled... You look like shit... I feel like gold -- Uh, me?

02-10-2014, 06:34 AM	#8
Penny24Seven So Fucking What Industry Role: Join Date: Jun 2007 Location: USA Posts: 6,287	it did go very low but not for long and they were buying them up like mad. __________________ Our site is coming soon. It will be one of the best ever! I know so. Brian and Penny

02-10-2014, 06:38 AM	#9
freecartoonporn Confirmed User Industry Role: Join Date: Jan 2012 Location: NC Posts: 7,683	yes yes yes. __________________ SSD Cloud Server, VPS Server, Simple Cloud Hosting \| DigitalOcean

02-10-2014, 06:45 AM	#10
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	bitcoin crashing his ass? __________________ BUY MY SIG - 50$/Year Contact here

02-10-2014, 07:15 AM	#11
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	$100 lol - this thread needs btc ticker __________________ TubeCamGirl.com

02-10-2014, 07:19 AM	#12
DannyA Registered User Join Date: Oct 2005 Posts: 85	I was considering getting a large amount before people were speculating to actually use as currency, but I'm not kicking myself. I still don't think it's even a remotely good idea to speculate on cryptocurrency. There are a lot of people who made a killing, but like in any other market you've got them patting themselves on the back without having any real perspective on the gamble they took. All the crazy profits just reflect a crazy volatility that no currency should have. Speculators should not be able to control the value of anything like that, especially actual fucking money. Just remember that cryptocurrency as a commodity depends on it ultimately being USED as currency. You can time your bets on bubbles shrinking or growing, but you can't control the intrinsic value. If society doesn't switch to using it as money, the bubble bursts. Now let's be honest. I was going to buy bitcoin to use for things I didn't want traced back to me. Anonymity is the only benefit to using it at all. The fucking cyberpunk libertarian evangelists may create cool wallets and whatever, and you may be able to use it at X restaurant or Y electronic cigarette vaporizer store in Minnesota, but almost all of it was spent on drugs on the silk road. The rest was used to wash money made doing identity theft and things like that. Why else would you use it? You have to pay somebody to change it into real money you can use and it's not insured or remotely secure. The real reason I say stay out though, is that it's not even remotely the best way to do crime. If I'm one of the people who actually provide the intrinsic value I'm doing (illegal) business with it. Speculators can change the value of bitcoin but the price of heroin doesn't change. If I spend $1,000 on heroin, sell it for $1,500 worth of bitcoin, then the value of the bitcoins drops to $1,000 again I'm out $500. That's money earned working lost, not something I wanted to gamble on. Fuck that, I'm just gonna use greendot. That's anonymous and I can depend on the dollar guaranteeing I can make the reup tomorrow. End rant lol. Shit makes me nervous.

02-10-2014, 10:49 AM	#13
See Cig Confirmed User Join Date: Jan 2005 Posts: 515	http://bitcoinity.org/markets/btce/USD __________________ See Sig

02-10-2014, 12:16 PM	#14
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	I'm buying one a week rain or shine. Don't give a shit. In for the win. Bitcoin ain't going away anytime soon. Mining Doge for Bitcoin, such wealth. __________________ CryptoFeeds

02-10-2014, 09:40 PM	#16
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	So why did the price drop this time around? I noticed the last few days it was dropping. __________________ In November, you can vote for America's next president or its first dictator.

02-11-2014, 06:00 AM	#19
CurrentlySober Too lazy to wipe my ass Industry Role: Join Date: Aug 2002 Location: A Public Bathroom Posts: 38,545	i lick pubic toilets... __________________ My AI Handywork... My Dream Gal... XXX 👁️ 👍️ 💩

02-11-2014, 08:37 AM	#21
BaliPimp high rollin playa Industry Role: Join Date: Jun 2010 Location: Singapore Posts: 206	scary charts __________________ balipimp at gmail dot com

02-11-2014, 01:24 PM	#23
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	__________________ TubeCamGirl.com

02-11-2014, 06:12 PM	#24
DAMNMAN Confirmed User Join Date: Dec 2002 Posts: 1,440	There's a flaw in MtGox's wallet system and the way they integrate with the bitcoin blockchain. MtGox stupidly tried to shift the blame to the protocal itself. Dicks!!! Bitcoin is an invertment in the future and whatever happens on a daily basis doesn't mean shit to me. I ain't selling any Bitcoins yet. I'll hold the ones I've got 'till they hit zero. (or a million) I am convinced they are not going away and will be worth big bucks very soon.. __________________ email: zmaster (at) earthlink.net ICQ: 196678616 ZMASTER One less god!!! I contend that we are both an atheist. I just belive in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.

02-11-2014, 06:33 PM	#25
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,830	The Glitch That Will Help Kill Bitcoin As the world's first, and most popular, cryptocurrency, Bitcoin has by now suffered every possible setback a payment project could encounter. It was implicated in a huge drug bust when the Federal Bureau of Investigation took down the Silk Road electronic exchange. http://www.bloomberg.com/news/2014-0...l-bitcoin.html __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight