Comment Re:What are you going to do about it? (Score 1) 259
I don't trust der speigel. show us the docs or it didn't happen.
I don't trust der speigel. show us the docs or it didn't happen.
Anyone who finds it useful to call people useless fucking morons is a useless fucking moron.
I have tripled my money in 2 months of bitcoin investing. Wake me up when you triple your money.
It doesn't matter how much the price of bitcoin fluctuates when you are just using it to form a contract. When I send USD using bitpay or any of its competitors, it saves me money, and bitcoin is invisible.
It doesn't matter what bitcoin costs when it is used to transmit USD. Bitcoins are just elements of a protocol for secure transmission of funds. Because they are in limited supply, they are valuable, but you don't need to speculate in bitcoins to use them to transmit funds at much lower cost than other systems allow.
Corruption is the system which enforces the rules against corruption.
With non-anonymous coins, theft is not merely a possibility, but a guarantee. Someone with a gun will take your coins, period.
That's not true. Just as HTTP runs as a layered protocol on TCP/IP (and TCP runs on IP) so too, layered protocols on top of the Bitcoin protocol are perfectly compatible with Bitcoin. In fact, much of future innovation in transactions and smart contracts will be layered on the Bitcoin protocol.
by serious i mean generating at least USD $1000 per day.
only until it reaches fair value. then it will, hopefully, stop climbing.
untrue. coinbase.com. bitstamp.net, literally hundreds of services will convert your bitcoin to dollars, if you are stupid enough to sell them.
..convert btc back into usd...
now that would not be clever. a savings vehicle that will be worth 5x more in a year versus one that will be worth 5% less in a year...
bitcoin price levels are set almost exclusively by value investors. speculators are children playing on the sidelines.
Why do you say the value has not gone up 50x? I think the value is much higher, but the market is attempting to adjust to rational value. This is slow because most punters in the game now are not rational, but that is changing, as financial professionals get in the game.
bitfinex is a very good venue. there are many dodgy operators in the cryptocurrency world, but also several very excellent and honorable ones.
Without life, Biology itself would be impossible.