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European & African
Drug Discussion
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EADD Bitcoins 2
- Thread starter hx_
- Start date
Dr Mamba
Bluelighter
Not the right time to do your shoping now.
Bitcoin value is rising cause of lots of chineses gamblers and US gov on the verge to accept Bitcoin is a legit curency.
There is no sellers in the market, everybody want to buy.
The price in dark markets are always a few days late, so the right time to buy is when the bitcoin price is decreasing.
If you are not there to speculate on money, wait 1 day after bitcoin sink and quickly buy BTC and stuff on market.
Just after the last BTC bubble ( around april/may) was a great time to drug buyers.
Bitcoin value is rising cause of lots of chineses gamblers and US gov on the verge to accept Bitcoin is a legit curency.
There is no sellers in the market, everybody want to buy.
The price in dark markets are always a few days late, so the right time to buy is when the bitcoin price is decreasing.
If you are not there to speculate on money, wait 1 day after bitcoin sink and quickly buy BTC and stuff on market.
Just after the last BTC bubble ( around april/may) was a great time to drug buyers.
parttime crackhead
Bluelighter
Is there anywhere selling these at the proper exchange rate? Bitbargain is over £100 more than the Mt Gox price.
It would cost me £130 for a Q of weed right now haha. Fuck that.
It would cost me £130 for a Q of weed right now haha. Fuck that.
ponch
Bluelighter
The US are only saying its a legitimate currency so the FBI can offload the seized SR coins for a decent wad of cash.
hx_
Bluelighter
People are paying though the nose for LTC though, exchange price is about £4.60 and most ebay ending soon are going for £10+!
My GPU used to make 5 a day, still makes 0.25, selling them one at a time :D
Seems that the bitcoins are all boom boom in China at the moment. The strict government has surprisingly allowed them, and all of china are going bitcoin crazy. This apparently explains the boom.
The exchange rate is not true to the price they're sold at. It's impossible to get them anywhere near the actual exchange rate.
_____
Y'know, I had and lost 1 bitcoin on silk road due to it's siezure... which I bought for £70. It was going to be transferred to my wallet and kept for investment rather than drugs. I can't describe the distraught emotions I'm going through by seeing them rise to OVER £600 NOW!!!
-Edit, starting to plummet to under £500 on localbitcoins / bitcoin bargain - is this a start of a crash? or just a blip in their astronomical rise.
The exchange rate is not true to the price they're sold at. It's impossible to get them anywhere near the actual exchange rate.
_____
Y'know, I had and lost 1 bitcoin on silk road due to it's siezure... which I bought for £70. It was going to be transferred to my wallet and kept for investment rather than drugs. I can't describe the distraught emotions I'm going through by seeing them rise to OVER £600 NOW!!!
-Edit, starting to plummet to under £500 on localbitcoins / bitcoin bargain - is this a start of a crash? or just a blip in their astronomical rise.
Dr_Robotnik
Bluelighter
- Joined
- Dec 3, 2012
- Messages
- 513
The amount BTC has dropped since I bought some is pissing me off so much. I bought .37 for £180 lol. Now they're worth £309 a coin on the site I use. I absolutely refuse to take the loss so looks like a waiting game, either that or order some crazy concoction of substances and get high for a week but I don't think it would do my health much good.
Anyone have any ideas on what the market is likely to do next? Do we think they will take a turn for the better towards the weekend?
Anyone have any ideas on what the market is likely to do next? Do we think they will take a turn for the better towards the weekend?
parttime crackhead
Bluelighter
Bitbargain.com
UK Average £ 386.71
Mt.Gox ask £ 381.00
The cheapest anyone is selling 1? £434.
So people aren't selling them at the proper exchange rate, and all the prices for stuff are pegged to the proper exchange rate, not the price that you are able to actually buy them at.
I was under the impression that buying from Mt Gox wasn't particularly easy. Otherwise, why are we always buying them from other places that charge over the Mt. Gox price?
backroll
Bluelighter
I bought 0.2 BTC the other day for £60, I was pretty happy to be fair.
Waiting for it to hit 500 again so I can get a decent amount of product for the return on my investment.
Picked up a litecoin for the hell of it as well, seemed like a fairly decent gamble for a couple a quid.
Waiting for it to hit 500 again so I can get a decent amount of product for the return on my investment.
Picked up a litecoin for the hell of it as well, seemed like a fairly decent gamble for a couple a quid.
ponch
Bluelighter
Where is it getting the average figure for btc value from though? Surely that means there is data knocking about suggesting a cheaper price. Maybe there are lesser known cheaper exchanges about?
Transform
Bluelight Crew
- Joined
- Sep 5, 2010
- Messages
- 4,804
Are you guys looking at the daily average price on gox or the spot price?
https://bitcoinaverage.com/#GBP is much more accurate because it uses a weighted average across exchanges. Currently localbicoins is asking 477 and bitcoinaverage says 446. Localbtc has always been about 5-10% higher though because you can get money in and out incredibly quickly and easily, so the low bids are gone in seconds.
https://bitcoinaverage.com/#GBP is much more accurate because it uses a weighted average across exchanges. Currently localbicoins is asking 477 and bitcoinaverage says 446. Localbtc has always been about 5-10% higher though because you can get money in and out incredibly quickly and easily, so the low bids are gone in seconds.
mydrugbuddy
Bluelighter
it was extortinate to begin with, before this whole fiasco, and the 6fold increase in the price of bitcoins. The place is only affordable for the wealthy now.
Shambles
Bluelight Crew
So. Still hovering around the mid 400s mark it seems. I really do need to make use of this 'ere BC wot I haz. Really not sure what to do though and obviously don't wanna faff for too long with prices like this. Would be brilliant to have meself a lil shopping spree "somewhere"... but those "somewhere" sites I know nothing of. Only vaguely know the names of one or two. Maybe. Less than ideal to kinda feel you need to get a wiggle on and start trawling thru endless bleedin' guides, FAQs and so on. Means not only having to get head around how to even make use of a BC but also taking more or less blind punt on some online droogpalace of which I'll also need to wrap head around how to work. My stashbox would thank me for a long time and I could be fairly sure of having a suitably spangly b'day for a change though so is definitely tempting...
On t'other hand, I am sooooooooo frikkin skint it's untrue. Could really do with a lil cash windfall. If I were superduper sensible I could clear virtually half of my debts and take years off my benefit deductions whilst also giving me just a teensy bit more on me current benefit payments cos I could pay off the ones that are taking big chunks each week and leave myself with just the one big 'un left to pay (cos it's such a small weekly deduction in comparison... and I'd take a good chunk off the balance). That would be eminently sensible cos I'd feel the benefit fortnightly - those few (in the grand scheme) quids I'm currently paying direct to assorted energy and utility companies are what's kept me on - and often below - the breadline (pretty much literally) for months now. Actually well over a year. Clearing debts would mean I get to play with me chemchums the same (or maybe just a wee bit more when mood strikes me) as I would do anyway but wouldn't have to worry so much about running out of food or leccy or fukkin toilet paper (stuff should be available on prescription in such emergencies I tells thee
) every week. Or of having my phone/intrawebz cut off every coupla months. Would be nice.
A balance of the two would perhaps be ideal.
However, I really am terrible at this kinda stuff. Not a scooby. All I know is that a friend said he had a gift for me (don't recall precisely why but sure I deserved it
) and sent me a linky to an online wallet with a BC in it. Beyond that all is a mystery. Have read some info from one or two BC sites that have been recommended here. Gotta say I don't exactly feel like I know much more now than I did previously. Think I'd best drop a PM to my personal, on-call, technical support team cos really don't know what to do but would be kinda irritating to lose out on what would be a really rather major windfall (for someone in my situation anyway) just cos my eyes and brain glaze over as soon as I try to read thru the necessary info
On t'other hand, I am sooooooooo frikkin skint it's untrue. Could really do with a lil cash windfall. If I were superduper sensible I could clear virtually half of my debts and take years off my benefit deductions whilst also giving me just a teensy bit more on me current benefit payments cos I could pay off the ones that are taking big chunks each week and leave myself with just the one big 'un left to pay (cos it's such a small weekly deduction in comparison... and I'd take a good chunk off the balance). That would be eminently sensible cos I'd feel the benefit fortnightly - those few (in the grand scheme) quids I'm currently paying direct to assorted energy and utility companies are what's kept me on - and often below - the breadline (pretty much literally) for months now. Actually well over a year. Clearing debts would mean I get to play with me chemchums the same (or maybe just a wee bit more when mood strikes me) as I would do anyway but wouldn't have to worry so much about running out of food or leccy or fukkin toilet paper (stuff should be available on prescription in such emergencies I tells thee
) every week. Or of having my phone/intrawebz cut off every coupla months. Would be nice.A balance of the two would perhaps be ideal.
However, I really am terrible at this kinda stuff. Not a scooby. All I know is that a friend said he had a gift for me (don't recall precisely why but sure I deserved it
) and sent me a linky to an online wallet with a BC in it. Beyond that all is a mystery. Have read some info from one or two BC sites that have been recommended here. Gotta say I don't exactly feel like I know much more now than I did previously. Think I'd best drop a PM to my personal, on-call, technical support team cos really don't know what to do but would be kinda irritating to lose out on what would be a really rather major windfall (for someone in my situation anyway) just cos my eyes and brain glaze over as soon as I try to read thru the necessary info
mydrugbuddy
Bluelighter
Maybe you could just undercut the market rate slightly and sell half your coin to someone on here ? Im sure many people would rather deal with you, than the fuckin sharks that run these bit coin "exchange", in reality more like "transfer", sites, ie, they are happy to take your cash and give you a bitcoin and let you move it somewhere to spend it all entirley trouble free. If you want cash for your coins its a different story all together IME.
The whole thing isnt nearly as difficult or complicated as it seems, i mean even i could pick it up in the middle of a phenazepam fugue. Essentially your coins will be in a wallet on your pc probably, so you just trasfer it to a bitcoin trading site which will give you a unique wallet code something like fhujfhujgjkighiguigtuyuyfguygfuig and then you can transfer 0.5 of that to a market place where you will have an account and another gfuydfuyfguyfuyfgukj wallet, and send the other 0.5 to someone elses g8ygyuguyfguygfyugfug wallett and they put £200 in your bank account. Does that make any sense ?>
It only gets complicated if you start getting bogged down in things like trying to pgp encrypt a memory stick to do all your transactions from that. AFAIK that was only really necessary for the big players.
The whole thing isnt nearly as difficult or complicated as it seems, i mean even i could pick it up in the middle of a phenazepam fugue. Essentially your coins will be in a wallet on your pc probably, so you just trasfer it to a bitcoin trading site which will give you a unique wallet code something like fhujfhujgjkighiguigtuyuyfguygfuig and then you can transfer 0.5 of that to a market place where you will have an account and another gfuydfuyfguyfuyfgukj wallet, and send the other 0.5 to someone elses g8ygyuguyfguygfyugfug wallett and they put £200 in your bank account. Does that make any sense ?>
It only gets complicated if you start getting bogged down in things like trying to pgp encrypt a memory stick to do all your transactions from that. AFAIK that was only really necessary for the big players.
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Tangerine Dream
Bluelighter
PM me if you still want help Shambles, although I imagine someones already helping you out 
https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204
194,993 BTC = £ 102,566,318.00
A huge chunk of cheddar..