Unregulated market, only time til the FEDS are in here shutting shit down. They have unlimited expenses... Fuk them anyways, I'm going to hook up a new card shortly.
Printable View
Unregulated market, only time til the FEDS are in here shutting shit down. They have unlimited expenses... Fuk them anyways, I'm going to hook up a new card shortly.
Current price: $187.11 per bitcoin, new All Time High
EDIT: new high now $188.79
completely retarded.
"A new piece of malware is rocking the Internet society now as it has been found that it is spreading through Skype which basically uses the infected computers to mine for Bitcoins and then make the owner of the malware money. It was discovered by by security firm Kaspersky, the malware is named “Trojan.Win32.Jorik.IRCbot.xkt,” and is spreading at an alarming rate. The malware is thought to have started in Europe, with the worst hit places including Italy, Russia, Poland, Costa Rica, Spain, Germany, and Ukraine. The average clicking rates have hit around 2,000 clicks per hour."
http://www.theregister.co.uk/2013/04...lware_appears/
http://www.cyberpunkreview.com/image...lutions-55.jpg
NEO BEGGING FOR HIS BITCOIN
:D Jew Hollywood prepared the goyim for their bitcoin thingie years ago...lol.
http://0.tqn.com/d/urbanlegends/1/0/i/8/mondex12.gif
STEP RIGHT UP..........GIT YUR BITCOIN INTERFACE GOYIM
https://lh3.ggpht.com/_MSWYMxkfxMY/S...426-medium.gif
http://www.a-gc.com/images/2012/11/c...Wallpapers.jpg
Ok. After we play the game and accumulate all those bitcoin chips who is the real world "Cashier" who hands us some real money so we can buy a real hamburger or cup of real coffee in the real world?
:)
To be honest, the continued rise in bitcoin prices has me very uneasy about the whole thing. It claims to be a digital currency but as long as the price continues to rise it can't function as one. For a currency to be viable there has to be a market. With the price exploding though you would be a fool to spend your bitcoins on anything right now.
I don't like the structure of the bitcoin where the total in circulation in capped. This design basically guarantees early adopters get rich and everyone who waited will scramble to get in the market. At some point the price could get so outrageous that nobody will want to use bitcoin except those already invested.
That said I don't feel bad playing this market. The bankers are suppressing PM's and messing with every other market right now. What is a guy to do that doesn't want to be economically enslaved?
Just be safe. Have multiple wallets. Don't put all your holdings on one exchange or in one place and take some profits here and there even if that might mean a smaller return. If this thing does blow up in every ones faces at some point it will be those who are "all in" that get burned.
Otherwise the risk to reward ratio on bitcoins is worth it.