Author Topic: BitCoin Master Thread  (Read 13321 times)

Offline outsider

  • Dansdeals Gold Elite
  • ***
  • Join Date: Feb 2013
  • Posts: 178
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Programs: Capital One Enthusiast
Re: Whats the story with BitCoins ?
« Reply #15 on: February 19, 2013, 10:55:40 PM »
theyve been to used to bypass sanctions with Iran
correct we spoke about this earlier
It's what is on the outside that matters

Offline SuperFlyer

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2009
  • Posts: 8364
  • Total likes: 25
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Whats the story with BitCoins ?
« Reply #16 on: March 10, 2013, 08:54:47 AM »
Thanks for the updates.

Online churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6549
  • Total likes: 85
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Whats the story with BitCoins ?
« Reply #17 on: April 04, 2013, 11:34:05 AM »
Update:
Since Cyprus threatened to steal Bank customers money under the direction of Germany and the EU and subsequently imposed capital controls in Cyprus, bitcoins value has risen over 600% since February...
LIKE

Online churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6549
  • Total likes: 85
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Whats the story with BitCoins ?
« Reply #18 on: April 04, 2013, 11:39:39 AM »
I love the idea of bitcoins. Though I am a bit scared of it not catching on, and having valueless bitcoins. I am also scared of the volatility in the prices- it seems that the prices (last time I checked) are set solely on hype and skepticism.

To those claiming pyramid scheme- you would have to define any fiat currency in same manner- including the US's.
Or real economic conditions and concerns?

Offline jaywhy

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 3554
  • Total likes: 3
  • DansDeals.com Hat Tips 7
    • View Profile
Re: Whats the story with BitCoins ?
« Reply #19 on: April 04, 2013, 11:41:26 AM »
Update:
Since Cyprus threatened to steal Bank customers money under the direction of Germany and the EU and subsequently imposed capital controls in Cyprus, bitcoins value has risen over 600% since February...
LIKE
I was thinking.... If you can buy Bitcoins with a CC, that could be like the new Mint :)
The problem is that nobody offers that option because they are worried about a chargeback or dispute. Being that it is a P2P currency, there can be no clawback of the Bitcoins or other resolution to a chargeback....
I've heard that there are a number of companies working on this though. Something to keep an eye on...

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 5089
  • Total likes: 113
  • DansDeals.com Hat Tips 9
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Whats the story with BitCoins ?
« Reply #20 on: April 04, 2013, 11:52:15 AM »
it seems that the prices (last time I checked) are set solely on hype and skepticism.

Or real economic conditions and concerns?

I love the idea of bitcoins. Though I am a bit scared of it not catching on, and having valueless bitcoins. I am also scared of the volatility in the prices- it seems that the prices (last time I checked) are set solely on hype and skepticism.

To those claiming pyramid scheme- you would have to define any fiat currency in same manner- including the US's.

Things have changed...
Live forever or die trying.

Online churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6549
  • Total likes: 85
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Whats the story with BitCoins ?
« Reply #21 on: April 04, 2013, 12:11:26 PM »
You shoulda bought  :P 

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 5089
  • Total likes: 113
  • DansDeals.com Hat Tips 9
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Whats the story with BitCoins ?
« Reply #22 on: April 04, 2013, 12:13:04 PM »
You shoulda bought  :P

True, but I don't buy speculatively.
Live forever or die trying.

Online churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6549
  • Total likes: 85
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Whats the story with BitCoins ?
« Reply #23 on: April 04, 2013, 04:28:32 PM »
I was thinking.... If you can buy Bitcoins with a CC, that could be like the new Mint :)
The problem is that nobody offers that option because they are worried about a chargeback or dispute. Being that it is a P2P currency, there can be no clawback of the Bitcoins or other resolution to a chargeback....
I've heard that there are a number of companies working on this though. Something to keep an eye on...
Read this arlcle: http://nymag.com/daily/intelligencer/2013/04/i-bought-a-bitcoin.html

skip to where he describes how he bought BTC's, at the CVS stage, dosnt moneygram take CC?

Offline jaywhy

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2012
  • Posts: 3554
  • Total likes: 3
  • DansDeals.com Hat Tips 7
    • View Profile
Re: Whats the story with BitCoins ?
« Reply #24 on: April 04, 2013, 05:06:27 PM »
Read this arlcle: http://nymag.com/daily/intelligencer/2013/04/i-bought-a-bitcoin.html

skip to where he describes how he bought BTC's, at the CVS stage, dosnt moneygram take CC?
Alot of fees and hassle involved. I would wait until you can buy with a CC directly.

Offline MarkS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2009
  • Posts: 3688
  • Total likes: 12
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile

Online churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6549
  • Total likes: 85
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Whats the story with BitCoins ?
« Reply #26 on: April 05, 2013, 08:14:30 AM »
http://money.cnn.com/2013/04/04/technology/bitcoin-cyber-attacks/index.html
wasn't as big a deal as they make it, it happens to all major financial institutions

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 5089
  • Total likes: 113
  • DansDeals.com Hat Tips 9
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Whats the story with BitCoins ?
« Reply #27 on: April 05, 2013, 08:16:43 AM »
wasn't as big a deal as they make it, it happens to all major financial institutions

+1
Wake me up when the US government-sponsored hackers start attacking
Live forever or die trying.

Offline MisterHock

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Jul 2010
  • Posts: 453
  • Total likes: 0
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile
  • Location: NYC
Re: Whats the story with BitCoins ?
« Reply #28 on: April 08, 2013, 11:38:20 PM »

Offline MarkS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2009
  • Posts: 3688
  • Total likes: 12
  • DansDeals.com Hat Tips 5
  • Gender: Male
    • View Profile