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re: What happened to BitCoin?

Posted on 8/27/14 at 8:58 am to
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124190 posts
Posted on 8/27/14 at 8:58 am to
Posted by AtlantaLSUfan
Baton Rouge
Member since Mar 2009
23059 posts
Posted on 8/27/14 at 9:00 am to
Once you get on the Rothchild's radar, it's over.
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103065 posts
Posted on 8/27/14 at 9:03 am to
Darth those little peons aren't even worth mud checking. don't waste your time.
Posted by Wayne Campbell
Aurora, IL
Member since Oct 2011
6372 posts
Posted on 8/27/14 at 9:10 am to
quote:

They provide links to a bitcoin exchange that the buyer sends bitcoin to and the exchange pays those companies in U.S. dollars.


Does not equal

quote:

But technically, gthey are using the Bitcoin to complete their purchase, are they not


If that's the process, then those companies are never dealing with Bitcoin so they aren't using it all, technically or otherwise.
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10201 posts
Posted on 8/27/14 at 9:13 am to
quote:

What happened to WikiTiger?


Damn. His last post was 6 months ago. Anyone know if he's ok?
Posted by Thib-a-doe Tiger
Member since Nov 2012
35376 posts
Posted on 8/27/14 at 9:14 am to
I hope so
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 8/27/14 at 9:15 am to
quote:

What happened to WikiTiger?

quote:
What do you think a bitcoin will be worth at the end of 12/31/2014?

My prediction: $5250.00

LINK


You a-hole. I so wanted to be the one to do this.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47498 posts
Posted on 8/27/14 at 9:17 am to
quote:

Once you get on the Rothchild's radar, it's over.


Precisely what I have been saying. There's wayyyy too much money in banking and they WILL protect that.
When bitcoin goes down in flames b/c of anonymous hacking,stealing,etc other chaos causing shite for Bitcoin, Big Banking will be behind it in some shape or form.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/27/14 at 9:19 am to


Sorry. I waited as long as I could. Next time, it's yours. Okay?
Posted by TH03
Mogadishu
Member since Dec 2008
171036 posts
Posted on 8/27/14 at 9:20 am to
yikes
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47498 posts
Posted on 8/27/14 at 9:20 am to
quote:

Sorry. I waited as long as I could. Next time, it's yours. Okay?


If he hadn't been so pompous about shite, I would feel bad for him if he lost money on Bitcoin. But he was a major dick(Like Russian is in St George threads) and had it coming.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 8/27/14 at 9:21 am to
quote:

If that's the process, then those companies are never dealing with Bitcoin so they aren't using it all, technically or otherwise.


And it also inject a middle man in the process who must extract a profit for his services. Bitcoin is not ready for prime time.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124190 posts
Posted on 8/27/14 at 9:22 am to
He's doing well.

He's a women's shoe salesman now.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35376 posts
Posted on 8/27/14 at 9:23 am to
Allegedly he made a ton of money. If that's the case, he did nothing more than hit the lottery with a throwaway investment, then did tons of research to make it look like he knew what he was doing
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 8/27/14 at 9:24 am to
quote:

Why does this matter?

I have practically all my assets in real estate, funds, a car, etc. Why would I care where dollars come from provided I can easily get them by selling something?


Banks control the flow of money. You need to wire money to China? That'll be $65 and several forms to fill out. With Bitcoin you just send it. No government paper trail, no (big) transfer fees.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64559 posts
Posted on 8/27/14 at 9:25 am to
quote:

Bitcoin is not ready for prime time.


Nor will it ever be.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 8/27/14 at 9:26 am to
doesn't need to be "prime time". It needs to just be "good enough"
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 8/27/14 at 9:27 am to
quote:

Allegedly he made a ton of money.


I don't see how we could possibly make this assumption. He wouldn't ever tell anyone how much money he had. I repeatedly told him how much money was in my checking account and he still wouldn't divulge.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35376 posts
Posted on 8/27/14 at 9:28 am to
That's why I say allegedly.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47498 posts
Posted on 8/27/14 at 9:28 am to
quote:

Banks control the flow of money. You need to wire money to China? That'll be $65 and several forms to fill out. With Bitcoin you just send it. No government paper trail, no (big) transfer fees.


I understand that and support the concept. I just think your first statement can't be overstated.

Banks do and will continue to control the flow of money.
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