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  • EADD Moderators: Pissed_and_messed | Shinji Ikari

EADD Bitcoins 2

ive allready accidentally gambled on bitcoins, the idea of buying when they are at what seems to be a relatively high price just seems wrong. Ofcourse they could rise further, but they have a long way to fall too. Plus bitcoin traders dont even like giving you cash back for your coins if you've been lucky enough to make a profit.
 
I got an email from Mt Gox recently

mass-bankruptcy notice lol

"the number one trading website that handles over 70% of all BTC traffic"

bitcoin-gone.jpg
 
its not the only requirement, the coins themselves technically are the only requirement. It's just that people who are into technology will have an easier time picking up on the concept behind these economies and therefore have a higher chance of actually using them in their everyday lives for whatever reason you could think of.

In the eyes of an optimist: Bitcoin is only going to go up in value as the remaining supply dwindles as mainstream support rises thus causing the value of Btc to reach 7 figures or more

In the eyes of a pessimist: Bitcoin is only going to stay at these values for a short peiod of time before it crashes due to a mass exodus of supporters for various reasons. Some are trying to make their own Btc, some are moving onto Litecoin, some can't remember their withdraw password, either way people are moving on as a steady stream of new and naive investors get a rude welcome to cryptocoin economies before they can even transfer them anywhere. Since these were the people who were actually going to spend some coins and make the economy work, it's now being held mostly by greed driven investors who simply use robotic algorithms to buy and sell all day. Once they start losing money, the value will really plummet.

And at that point it depends on the status of other coins and their support level comparative to bitcoin to try and figure out what would ultimately become of it. If there are a multitude of different coins all with reliable and legitimate places to use them at, I don't see why anyone would continue using Bitcoin outside of the brainwashed and hipsters.

If there is still a lot to be desired from alt coin services, it might even be able to have a final bubble and subsequent burst until something steps up to fill it's absence.

but anyone who knows anything about the Dark Web knows how much could have been potentially made if one made the proper decisions with their investment into Bitcoins. And when you miss out (relatively speaking) on an opportunity like that yet totally understand how you could have gone about doing it if you had a second chance, you are far more likely to consider using alt coins instead of bitcoins seeing as there is at least still time to get on board before it's suddenly not worth your time anymore. More or less happened overnight to Litecoin, and it's only because Bitcoin rose in value at the root of the cause.

As people received money simply for hitting their Refresh Browser button, they decided to diversify their portfolio a bit by buying some alt coins with Bitcoins in the hope that they would rise in value. While most people don't even think much of it, this is actually a major part of this whole Cryptoconomy considering it not only makes alt coins rise in value, it gets people to think a bit more outside the box about this stuff. While most people only consider the current value of coins, once they realize they just traded one random set of numbers for a different set of numbers yet somehow one set was worth 50 times more than the other one, some flags should go up, at least youd hope so. And if one coin happens to let them purchase their goods at nearly 3 times the speed, for the same price in fiat money anyway, why would you ever use Bitcoin?

Unless if you are a holder of a large amount, and don't want to lose your life savings, to which I'd say you should never risk anything you couldn't afford to blow in a casino somewhere, because it really is just gambling except with no comps or old people

whoa this thread is like reading a time machine sometimes. this is why I fuck with bluelight

kool-aidman.jpg
 
I think the quid I gave you in bitcoin has quadrupled in value now. that's the last time im giving bitcoins away over this site
 
11dEFMeMZmCBqY1FgpK4gJAeCNJdtHcKt

gimme bitcoins, man


and anyone else looking at this post, please add just a little bit of bitcoins to the above address. it'll only take a minute or 2

if I get enough responses i'll post a recent picture of my erect penis. marmalade will thank you all later
 
O...M...G....

he really, ACTUALLY did! are you drunk or something?

anyone else wanna follow in his example?? my cocks filled with fluid and hormones, ready to go live... c'mon peepz
 
er, 2btc for the cheeky bugger.
















PENIS GOING LIVE IF WE CAN RAISE JUST 0.5BTC

11dEFMeMZmCBqY1FgpK4gJAeCNJdtHcKt




Check blockchain.info for progress update
 
ill give you 2k feathercoin if you STFU

jk, i dont even know what FTC exists for

you can still stfu if you want though

:D
 
I think it works out to some sort of even number in the russian rouble, I think its pretty reassuring that they do not currently have the ability to completely deanonymize users yet, maybe they are just double bluffing who knows.

Yeah depends how you use it really, if you are really security conscious I think its near impossible, though if the might USA did have the ability to do it there is no chance they would be telling people about it, no doubt just using parallel construction to cover their methods.

The leak that "The NSA targets users who search for privacy and encryption

Merely searching the web for the privacy-enhancing software tools outlined in the XKeyscore rules causes the NSA to mark and track the IP address of the person doing the search. Not only are German privacy software users tracked, but the source code shows that privacy software users worldwide are tracked by the NSA.
Among the NSA's targets is the Tor network funded primarily by the US government to aid democracy advocates in authoritarian states.

http://daserste.ndr.de/panorama/aktuell/nsa230_page-1.html

Which I guess is a shit load of people being caught in the NSA web, most of em probally guilty as well. :sus:

--------

If you use TOR, your broadband service provider can tell you are using it, but they can not see the content just a load of encrypted nonsense.

I think with some intelligent police work by narrowing down a vendor to a small location (a lot of vendors use return addreses, and tracking info sent from certain post offices, this has already been used to catch certain vendors), narrowing down the area by possibly looking at people using TOR?

I dunno, bored and stuff.
 
The location thing makes sense. Even in big cities there probably aren't huge numbers of people using TOR at any one time and ISP records combined with timings of payments or whatever probably won't leave much doubt who was the likely user. I don't use it myself (had a bit of a go but just confused me so never bothered since) but if I did I wouldn't believe for one second that it meant I was somehow now actually anonymous in any meaningful sense.
 
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