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Getbig Main Boards => Gossip & Opinions => Topic started by: Nails on February 25, 2014, 08:11:12 AM
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i have heard bitcoin on the radio and online , but what the fuck was it ??? ???
Any of you Getbig idiots invest in this and lose all your cash ???
Mt. Gox, the biggest exchange for the currency, virtually disappears with its founder gone, website down and office vacated. What's at risk? »
http://news.yahoo.com/bitcoin-exchange-mt-gox-39-website-down-053727771--sector.html (http://news.yahoo.com/bitcoin-exchange-mt-gox-39-website-down-053727771--sector.html)
(https://s1.yimg.com/nn/fp/rsz/022514/images/smush/bitcoin_635x250_1393331970.JPG)
Mt. Gox website says all transactions closed "for the time being"
(Reuters) - Prominent bitcoin exchange Mt. Gox posted an update on its website on Tuesday, saying a "decision was taken to close all transactions for the time being," citing "recent news reports and the potential repercussions on MtGox's operations."
The website went dark on Tuesday and its chief executive told Reuters that the business was "at a turning point." Mt. Gox halted withdrawals earlier this month after detecting what it called "unusual activity.
"We will be closely monitoring the situation and will react accordingly," the website said.
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the first bitcoin rollers made all the money they wanted. think about the 11 million initial allotment of coins. No one actually knows who owns them all. They got to $1000 a piece. You don't think those Japs that started it didn't cash in their billions and fuck off from it leaving the idiots in tow holding a bag of worthless shit? It was a total pump and dump scam.
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A fool and his money....
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Holy shit what is going to happen to vince goodsum and his massive bitcoin fortune :o
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haha i thought the bitcoin is foolproof
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haha i thought the bitcoin is foolproof
Like you said my brotha...bit coin never had the ability to put its foot up someone's ass if need be :D
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Holy shit what is going to happen to vince goodsum and his massive bitcoin fortune :o
It's safe to say anything Vince touches turns to sour milk. Literally anything that guy bets on you can bet the opposite and become wealthy.
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I called it from miles away. Where is that moron that used to post every time when I did about how good Bitcoin Investments were?
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there's a sucker born every minute......I'm opening a bond fund....shares will be sold for to create settlements on the moon, bonds start at 10$ there is no limit on investing... pm me for details.
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There will be a second wave before it dies. A lot of people bought into this at $500-1000 so they will desperately try to unload.
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Invested all my money in a deepweb technologies - soon the Cockyfella's will beg me for monies. :D
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Is Dogecoin the same thing? Will it tank or take off? Some guy I know keeps pushing, saying he has like 70,000 Dogecoins or some sh&t...
Not sure what its all about... tried reading up on it, but lost interest after 5 minutes, when it didnt involve men in thongs or heme iron...
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who cares. it's a currency for lowlife criminals, pedofiles, drug addicts, sextraders, and scum
oh forgot that's half of getbig ::)
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If you find a dollar holler.
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Is Dogecoin the same thing? Will it tank or take off? Some guy I know keeps pushing, saying he has like 70,000 Dogecoins or some sh&t...
Not sure what its all about... tried reading up on it, but lost interest after 5 minutes, when it didnt involve men in thongs or heme iron...
Dogecoin is more or less the same.
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This scheme was pretty obvious from the start. It was currency speculation plain and simple. Only early adopters made any money.
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BTC believers are bozos. Tulip bulb mania of 1637, baseball cards, pet rocks, beanie babies, etc...
Digital fiat currency is still fiat currency. Even better, it can be fully traceable and controlled. At least paper cash has anonymity.
Whatever can be created with a keystroke, can be deleted with a keystroke.
Don't be fooled... the only real money and storage of wealth is this:
(http://www.gold.org/assets/images/content/world_of_gold/timeline_highlights/gold6-1_hi.jpg)
And this:
(http://americanresources.org/wp-content/uploads/2012/03/Silver1.jpg)
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BTC believers are bozos. Tulip bulb mania of 1637, baseball cards, pet rocks, beanie babies, etc...
Digital fiat currency is still fiat currency. Even better, it can be fully traceable and controlled. At least paper cash has anonymity.
Whatever can be created with a keystroke, can be deleted with a keystroke.
Don't be fooled... the only real money and storage of wealth is this:
(http://www.gold.org/assets/images/content/world_of_gold/timeline_highlights/gold6-1_hi.jpg)
And this:
(http://americanresources.org/wp-content/uploads/2012/03/Silver1.jpg)
Even the dollar is pure electronic currency. When you get a loand for a home, do you actually ever see a real dollar change hands?
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Even the dollar is pure electronic currency. When you get a loand for a home, do you actually ever see a real dollar change hands?
I'm talking about physical paper dollars.
You're obviously not going to buy a big ticket item like a house or Ferrari with cash.
You can keep cash at home in a safe and spend it at your leisure... no paper/electronic trail whatsoever.
TPTB want to do away with cash... too much anonymity and no way to track it.
I believe crypto-currencies are a beta test for a one world digital currency.
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I'm Creating My Own Digital Cryptocurrency
I'm sure you're all familiar with the bitcoin (http://bitcoin.org/en/) by now. But what you might not know is that there is a whole ecology of alternative (http://www.coinmarketprice.com/) cryptocurrencies being brought to market (initially just mined, then put on an exchange and traded for fiat) with their own special functions -- e.g., coins whose mining sends computational power to BOINC research projects (gridcoin).
As CEO of Vincent Goodcome Enterprises, I'm always looking for ways to innovate and expand my burnt appendages into new markets. Today I'd like to share my latest innovation:
Introducing, the goodcoin (GOC)
(http://i43.tinypic.com/ac5phi.jpg)
Technical specifications:
60 second block time
10 goodcoin's reward per block
60 second transaction confirmation time
scrypt-based, proof of work algorithm
Retarget every 4 hours
RPC/P2P Ports = 8505/8506
The goodcoin will be a revolutionary new cryptocurrency that will only gain value as its adoption rate increases. Initial miners will get free digital coupons to Caliber Fitness and Caliber Grocery upon successful mining of each block (in addition to the standard 10 goodcoin reward). Goodcoins make a great holiday gift as well because I'm sure they'll be useful for something sometime in the future (haven't figured that part of the business out quite yet).
More news to come!!
(http://i41.tinypic.com/35hiidv.jpg)
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BTC believers are bozos. Tulip bulb mania of 1637, baseball cards, pet rocks, beanie babies, etc...
Digital fiat currency is still fiat currency. Even better, it can be fully traceable and controlled. At least paper cash has anonymity.
Whatever can be created with a keystroke, can be deleted with a keystroke.
Don't be fooled... the only real money and storage of wealth is this:
(http://www.gold.org/assets/images/content/world_of_gold/timeline_highlights/gold6-1_hi.jpg)
And this:
(http://americanresources.org/wp-content/uploads/2012/03/Silver1.jpg)
Lol at that Canadian currency. This is America bro!
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Lol at that Canadian currency. This is America bro!
It is still silver... like gold, it is recognized anywhere in the world. It has value ANYWHERE in the world.
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(http://cdn.spectator.co.uk/wp-content/uploads/2013/03/Hugo_Bitcoin-cartoon2.jpg)
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BTC believers are bozos. Tulip bulb mania of 1637, baseball cards, pet rocks, beanie babies, etc...
Digital fiat currency is still fiat currency. Even better, it can be fully traceable and controlled. At least paper cash has anonymity.
Whatever can be created with a keystroke, can be deleted with a keystroke.
Don't be fooled... the only real money and storage of wealth is this:
(http://www.gold.org/assets/images/content/world_of_gold/timeline_highlights/gold6-1_hi.jpg)
And this:
(http://americanresources.org/wp-content/uploads/2012/03/Silver1.jpg)
gold is fiat too, hope this helps
and lets not forget what rosevelt did to the gold owners when he deemed it fit.
owing property will be the safest,but sometimes even that can be taken.
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I guess these bitcoin people never heard of a debit card.
You know...electronically transfer my funds in exchange for goods and services.
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gold is fiat too, hope this helps
and lets not forget what rosevelt did to the gold owners when he deemed it fit.
owing property will be the safest,but sometimes even that can be taken.
5000+ years of it being fiat... nothing can beat that track record.
You can hide gold, you cannot hide a house or a piece of land.
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I'm talking about physical paper dollars.
You're obviously not going to buy a big ticket item like a house or Ferrari with cash.
You can keep cash at home in a safe and spend it at your leisure... no paper/electronic trail whatsoever.
TPTB want to do away with cash... too much anonymity and no way to track it.
I believe crypto-currencies are a beta test for a one world digital currency.
Most people claim net worth based on cash holdings they have + assets. But those cash holdings today are virtual. nothing to stop a bank from just wiping out your account or freezing it leaving you without access to your cash. the gov has done this to many people
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gold is fiat too, hope this helps
and lets not forget what rosevelt did to the gold owners when he deemed it fit.
owing property will be the safest,but sometimes even that can be taken.
gold is not fiat (it is a physical commodity), it has intrinsic value as a holder of wealth. Anything can be seized property, liberty, children and family....
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Most people claim net worth based on cash holdings they have + assets. But those cash holdings today are virtual. nothing to stop a bank from just wiping out your account or freezing it leaving you without access to your cash. the gov has done this to many people
I don't disagree with that. There are NO incentives to keeping large amounts of cash in a bank today.
Regarding frozen assets... you never really own your home, you're simply renting from the government. Try not paying RE taxes and see what happens to your home.
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Regarding frozen fixed assets... you never really own your home, you're simply renting from the government. Try not paying RE taxes and see what happens to your home.
this is true......
"frozen assets" are an entirely different matter
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I guess these bitcoin people never heard of a debit card.
You know...electronically transfer my funds in exchange for goods and services.
guess you never heard of black market, money laundry and dark web
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gold is not fiat (it is a physical commodity), it has intrinsic value as a holder of wealth. Anything can be seized property, liberty, children and family....
well if you have it in your hand, its real.
but if you just buy the promise-"gold iou",its not.
they really do this.
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well if you have it in your hand, its real.
but if you just buy the promise-"gold iou",its not.
they really do this.
this x100
If you cant hold it, you don't own it. My comment is strictly on physical gold not ETF or a mutual fund lol, those are the WORST fiat toilet paper papers.
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Bitcoin is not out of business, just one of the of the markets that trade bitcoins "MtGox"
Bitcoins are still trading in other markets, worth about $500 per bitcoin at the moment.
It's like saying the US dollar failed because Bank of America went bankrupt and out of business.
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Ironic that El Chapo gets caught and a day later bitcoin takes a beating. Wasn't bitcoin popular among drug dealers?
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Bitcoin is not out of business, just one of the of the markets that trade bitcoins "MtGox"
Bitcoins are still trading in other markets, worth about $500 per bitcoin at the moment.
It's like saying the US dollar failed because Bank of America went bankrupt and out of business.
My advice... sell all your bitcoins now while the illusion of value is still there.
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I called it from miles away. Where is that moron that used to post every time when I did about how good Bitcoin Investments were?
you didn't call shit, as im typing 1btc=$553. mt gox was ran by amateurs as evidence for the reason of their shutdown. the closure of the biggest exchange has nothing to do with cryptocurrency itself but the fact is that their operation wasn't up to par. bitcoin or any other "coin" are definetly going to have their issues like anything new will, but to say they've failed is foolish.
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who cares. it's a currency for lowlife criminals, pedofiles, drug addicts, sextraders, and scum
oh forgot that's half of getbig ::)
;D ;D ;D
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(https://upload.wikimedia.org/wikipedia/commons/0/0a/Ponzi.jpg)
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I found some dough on a tree dawg.
Straight on the money.
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My advice... sell all your bitcoins now while the illusion of value is still there.
the shit is all driven by speculation. I enjoy it because I can make money based on the arbitrary value these people give it. It's like early 80's penny stocks. Nobody is regulating this so market manipulation happens quite easily. It's amusing to see how many pump and dumps happen and if you catch and ride the wave at the right time you can come out with a little something. I paid for everyone lunch on my shift yesterday flipping a few LTC at work because the market was so volatile. But yeah lots of people may be pulling out after all the money that was lost yesterday.
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guess you never heard of black market, money laundry and dark web
Oooh..the "Dark Web"....
You go buy a kilo of coke off the internet with your bitcoin...tell me how that works out for you LOL
Money laundering and the black market were just fine before the bitcoin and will be just fine after
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Lol at that Canadian currency. This is America bro!
The silver maple is an even purer coin than the silver eagle and is recognized around the world.
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I traded some bitcoins for gold. Kind of a win win.
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Ironic that El Chapo gets caught and a day later bitcoin takes a beating. Wasn't bitcoin popular among drug dealers?
This.
Bitcoin is totally traceable and trackable. Once this all pans out paper cash and metals will be back in style.
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think about this.
give me your real govt backed upmoney for some non existing data that was just made up and nobody guarantees for nothing about it, not value, no way to fight fraud,nothing.
brutal suckers.
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you didn't call shit, as im typing 1btc=$553. mt gox was ran by amateurs as evidence for the reason of their shutdown. the closure of the biggest exchange has nothing to do with cryptocurrency itself but the fact is that their operation wasn't up to par. bitcoin or any other "coin" are definetly going to have their issues like anything new will, but to say they've failed is foolish.
Ok "Bit" "master". Go fuck yourself. Why don`t you go mine for something more useful like your boogers.
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the shit is all driven by speculation. I enjoy it because I can make money based on the arbitrary value these people give it. It's like early 80's penny stocks. Nobody is regulating this so market manipulation happens quite easily. It's amusing to see how many pump and dumps happen and if you catch and ride the wave at the right time you can come out with a little something. I paid for everyone lunch on my shift yesterday flipping a few LTC at work because the market was so volatile. But yeah lots of people may be pulling out after all the money that was lost yesterday.
I bet you made less than two dollars total.
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Ok "Bit" "master". Go fuck yourself. Why don`t you go mine for something more useful like your boogers.
lol boogers? What are You fuckin 10 years old man?
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MtGox is out of business which is a relief for the bitcoin community. Bitcoin can now contiune its upward climb now that the cancer known as Gox is gone. Serious investors pulled their money and coins off Gox months ago. Also, I have been mining a new alt coin called Bitcoin Scrypt, similar to bitcoin. The Chinse seem to like it. I have made over 500 percent profit on it in the past week. Currently, you can convert a fraction of a cent into full units of Bitcoin Scrypt. We're on the edge of a new horzizon. This is about bitcoin the protocol, not bitcoin the currency. The people with intuitive insight will be made very wealthy. Good luck to you guys flipping stocks in a market on the edge of collapse. Bitcoin will save the world.
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This guy has some hilarious videos about BTC "mongoloids".
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Bitcoin price up 40% in the past 24 hours, just as predicted. Never buy into the hype of mainstream media. The price of bitcoin is going a lot higher.
Here is a good site for tracking crypto currency movement:
http://coinmarketcap.com/
The world central bankers in conjunction with your government are working on the theft of your 401ks. As the great George Carlin said "they're coming for your retirement money, they want it all and they'll get it". It would be prudent to diversity in items like real estate, bitcoin, gold and silver.
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MtGox is out of business which is a relief for the bitcoin community. Bitcoin can now contiune its upward climb now that the cancer known as Gox is gone. Serious investors pulled their money and coins off Gox months ago. Also, I have been mining a new alt coin called Bitcoin Scrypt, similar to bitcoin. The Chinse seem to like it. I have made over 500 percent profit on it in the past week. Currently, you can convert a fraction of a cent into full units of Bitcoin Scrypt. We're on the edge of a new horzizon. This is about bitcoin the protocol, not bitcoin the currency. The people with intuitive insight will be made very wealthy. Good luck to you guys flipping stocks in a market on the edge of collapse. Bitcoin will save the world.
You see the ignorance being engendered by media coverage of cryptocurrencies -- look at the responses in this thread. The problem is that this coverage might be sufficient to permanently scare away the masses such that widespread adoption -- whether of bitcoin itself or a cryptocurrency derived from its protocol -- never occurs.
Also, I'd say bitcoin "saving the world" is a bit hyperbolic; let's not overstate the case to be made, yeah?
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1 bitcoin is still worth over 500.00 US dollars.
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1 bitcoin is still worth over 500.00 US dollars.
Because people drove up the price through speculation.
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Bitcoin price up 40% in the past 24 hours, just as predicted. Never buy into the hype of mainstream media. The price of bitcoin is going a lot higher.
Here is a good site for tracking crypto currency movement:
http://coinmarketcap.com/
The world central bankers in conjunction with your government are working on the theft of your 401ks. As the great George Carlin said "they're coming for your retirement money, they want it all and they'll get it". It would be prudent to diversity in items like real estate, bitcoin, gold and silver.
Just buy penny stocks. Much cheaper with greater upside potential. ::)
Whatever can be created with a keystroke, can be deleted with a keystroke.
Bitcoin and crypto-currencies are a Ponzi/fad... just like tulip bulbs, pet rocks, mood rings, baseball cards, beanie babies, dot.com stocks, etc... The first people in at the beginning make all the money, the last people in are the bag holders.
I do agree about the 401k confiscation though.
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Bitcoin price up 40% in the past 24 hours, just as predicted. Never buy into the hype of mainstream media. The price of bitcoin is going a lot higher.
Here is a good site for tracking crypto currency movement:
http://coinmarketcap.com/
The world central bankers in conjunction with your government are working on the theft of your 401ks. As the great George Carlin said "they're coming for your retirement money, they want it all and they'll get it". It would be prudent to diversity in items like real estate, bitcoin, gold and silver.
there you go , you should totally invest your life savings it then stud