BITCOIN as an alternative to regular currency
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RideTheLightning
- Posts: 136
- Joined: Fri Jul 03, 2009 1:08 am
http://www.plus500.co.uk/Instruments/BTCUSD
One provider of CFD's to short BitCoin, don't know much about them though.
One provider of CFD's to short BitCoin, don't know much about them though.
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RideTheLightning
- Posts: 136
- Joined: Fri Jul 03, 2009 1:08 am
What do you think of other crypto currencies? bubble too?Euler wrote:If they had options I'd definitely get stuck into some long term shorts.
Personally, I think Bitcoin still has a significant growth potential, bought LTC a few days ago.
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convoysur-2
- Posts: 1110
- Joined: Thu Jan 12, 2012 10:00 am
SO WHERE IS SAFE TO KEEP ONES BITCOIN,,,???
seems they are all being targeted by hackers ..
http://www.dailymail.co.uk/sciencetech/ ... weeks.html
seems they are all being targeted by hackers ..
http://www.dailymail.co.uk/sciencetech/ ... weeks.html
I wonder what Voltaire would make of digital currency given his comments on paper currency.
As an aside, Voltaire supplied one of the great quotes of all time when, on his deathbed, a priest asked him if he rejected Satan. In one of the great comeback lines of all time Voltaire responded, "now is not the time to be making new enemies".
As an aside, Voltaire supplied one of the great quotes of all time when, on his deathbed, a priest asked him if he rejected Satan. In one of the great comeback lines of all time Voltaire responded, "now is not the time to be making new enemies".
Nakamoto the inventor of Bitcoin becomes its first billionaire
"In January 2009, Satoshi started mining the first crop of bitcoin, creating what is known as the "genesis block." By the end of the year over 32,000 blocks had been added to this original block, producing a total of 1,624,250 bitcoins. Since all transactions on the blockchain are public, it is known that only a quarter of those bitcoins have ever changed their master, which means Satoshi Nakamoto is believed to be the owner of roughly one million bitcoins. With Bitcoin surging past $1000, that stash is worth about $1.1 billion."
Read more: http://voiceofrussia.com/2013_12_01/Nak ... aire-7433/
"In January 2009, Satoshi started mining the first crop of bitcoin, creating what is known as the "genesis block." By the end of the year over 32,000 blocks had been added to this original block, producing a total of 1,624,250 bitcoins. Since all transactions on the blockchain are public, it is known that only a quarter of those bitcoins have ever changed their master, which means Satoshi Nakamoto is believed to be the owner of roughly one million bitcoins. With Bitcoin surging past $1000, that stash is worth about $1.1 billion."
Read more: http://voiceofrussia.com/2013_12_01/Nak ... aire-7433/
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
Does anyone in here actually use them? I don't know anyone so just curious.
When I was on my travels recently I learnt a friend of mine was accepting payment in BitCoin's as a gimmick. Remarkably he collected over 1000 so he is now a BitCoin millionaire. I've told him to sell them, but as we all know emotion often overrules common sense so it's not entirely impossible that he will hold them until such time as he losses it all again!
Supply. Demand.Zenyatta wrote: .... it is known that only a quarter of those bitcoins have ever changed their master
Read more: http://voiceofrussia.com/2013_12_01/Nak ... aire-7433/
Hmmm, when the 3/4 that have never changed hands are dumped into the market. Hmmmmmm.
Then speaking of selling the picks and shovels to the gold miners - https://products.butterflylabs.com/home ... power.html
Read this, lol, fantastical, hackers have cleaned out everyone's accounts and got away with 60 million pounds! This Bitcoin business is sounding even more fun than trading 
Massive bitcoin heist
"One of the largest heists in bitcoin history is happening right now. 96,000 bitcoins - that’s roughly £60m as of the time of writing - was taken from the accounts of customers, vendors and administrators of the Sheep Marketplace over the weekend.
Sheep was one of the main sites that came to replace the Silk Road when it closed in October, but it too has now closed as a result of this theft. It’s a little hard to work out exactly what’s happened, but Sheep customers have been piecing it together on reddit’s r/sheepmarketplace.
Here's what happened: someone (or some group) managed to fake the balances in peoples’ accounts on the site, showing that they had their bitcoins in their wallets when they’d actually been transferred out. Over the course of a week the whole site was drained, until the weekend when the site's administrators realised what was happening and shut everything down."
http://www.newstatesman.com/future-proo ... -real-time
Massive bitcoin heist
"One of the largest heists in bitcoin history is happening right now. 96,000 bitcoins - that’s roughly £60m as of the time of writing - was taken from the accounts of customers, vendors and administrators of the Sheep Marketplace over the weekend.
Sheep was one of the main sites that came to replace the Silk Road when it closed in October, but it too has now closed as a result of this theft. It’s a little hard to work out exactly what’s happened, but Sheep customers have been piecing it together on reddit’s r/sheepmarketplace.
Here's what happened: someone (or some group) managed to fake the balances in peoples’ accounts on the site, showing that they had their bitcoins in their wallets when they’d actually been transferred out. Over the course of a week the whole site was drained, until the weekend when the site's administrators realised what was happening and shut everything down."
http://www.newstatesman.com/future-proo ... -real-time
Interesting piece about Tulip Mania and academic resesrch into historic bubbles.
http://en.wikipedia.org/wiki/Tulip_mania
http://en.wikipedia.org/wiki/Tulip_mania