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Bitcoins for gambling....

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Posted: #101
$107
 
Prospect
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Posted: #102
128 boners now,  its    +500(5-1)   btc will reach  500 bucks  by  dec 31 2013, but its probaly a better idea to just buy the coins instead of betting.
 
Legend
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Posted: #103

Seriously.  WTF?

Support your local animal shelter. I am on twitter.
 
Legend
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Posted: #104
141 bucks today.  It goes up every hour.
Support your local animal shelter. I am on twitter.
 
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Posted: #105
Quote Originally Posted by vanzack:

141 bucks today.  It goes up every hour.


Do you recommend buying a few now or too late?
 
Legend
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Posted: #106
This is silly. The bubble will have to burst at some point. With this increased value too, you have to wonder if hackers won't start to try and hack into a bucket load of these like they have before.
 
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Posted: #107
F me

I remember when it was at $43 a month ago and figured it was too late to buy more then again at $70.

I have 14 bitcoin and change now. Bought 10 at $13 each 3 months to wager with.

Yeah it has to crash sometime.


 
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Posted: #108
that's it darn it I'm going to buy a few, wish I listened orginally at 40$ when this thread started but I dont want to be saying the same thing in a year.

Anyone have any tips on how to purchase and or store them as to not get hacked?
 
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Posted: #109
Quote Originally Posted by chisy22:

that's it darn it I'm going to buy a few, wish I listened orginally at 40$ when this thread started but I dont want to be saying the same thing in a year.

Anyone have any tips on how to purchase and or store them as to not get hacked?


I like most want to buy some but have some reservations around security. I personally think this type of currency will be the future. If it is bitcoins and not the next one that comes along we will be kicking ourselves for not pulling the trigger. I have been wanting to buy since this thread came out and got serious when it was up to 80.

Here's some links to the discussion around storing/security:

https://en.bitcoin.it/wiki/Securing_your_wallet

https://bitcointalk.org/index.php?topic=17240.0

It seems complicated but it is probably a breeze once you learn.


 
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Posted: #110
Bitcoin provider Instawallet hacked, suspending services indefinitely:

https://www.businessinsider.com/instawallet-suspended-2013-4
 
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Posted: #111
bitcoins for gambling

No serious business will accept them. They are not a currency, but a volatile commodity. Business accept currency, not commodity. vanzack leading the sheep over the cliff again, people still listen to his bullshit?

If people don't know what a bubble is then by all means get your hands on bitcoins
 
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Posted: #112
Quote Originally Posted by Hirschfelder:

bitcoins for gambling

No serious business will accept them. They are not a currency, but a volatile commodity. Business accept currency, not commodity. vanzack leading the sheep over the cliff again, people still listen to his bullshit?

If people don't know what a bubble is then by all means get your hands on bitcoins


The drug and gambling business is a very serious business bro.

Those of us that missed out early certainly hope the bubble will come soon, and then things stabilize so we can get in still somewhat early.
 
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Posted: #113
Question..

How do you buy these? And how do you sell them?
 
Legend
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Posted: #114

Quote Originally Posted by Hirschfelder:

bitcoins for gambling

No serious business will accept them. They are not a currency, but a volatile commodity. Business accept currency, not commodity. vanzack leading the sheep over the cliff again, people still listen to his bullshit?

If people don't know what a bubble is then by all means get your hands on bitcoins

Never said for anyone to buy them.  Never advised anyone to do anything.

Go blowhard somewhere else.

This thread is simple observance of something going on around us.  I someone reports on murder, are they themselves leading people to murder?

F Off junior.  Go troll somewhere else.

Support your local animal shelter. I am on twitter.
 
Legend
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Posted: #115

Quote Originally Posted by kaponofor3:

Bitcoin provider Instawallet hacked, suspending services indefinitely:

https://www.businessinsider.com/instawallet-suspended-2013-4

The wallets can get hacked.  That's why they suggest you keep them in "cold storage".

I will be very interested to see now that the price is so high if the bitcoins themselves are hacked - or duplicated - or whatever.

Its like any industry in its infancy.  The infrastructure gets built through trial and error.  But it would be very concerning if someone somehow figured out a way to create more bitcoin.

My 3 bitcoin would then be in trouble.

Support your local animal shelter. I am on twitter.
 
Legend
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Posted: #116

The price swings are so wild that nobody will take this seriously until it gets stabilized.

141 at 9am, 126 at 6pm.

That is not sustainable.

Support your local animal shelter. I am on twitter.
 
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Posted: #117
Mt. Gox the largest exchange is getting DDoS'd today as well
 
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Posted: #118
Quote Originally Posted by Hirschfelder:

bitcoins for gambling

No serious business will accept them. They are not a currency, but a volatile commodity. Business accept currency, not commodity. vanzack leading the sheep over the cliff again, people still listen to his bullshit?

If people don't know what a bubble is then by all means get your hands on bitcoins


I have been using Bitcoin to wager the past 3 months and no issues. Never bought into it as an investment only to bet. Also bought in more than a month before Van's post.

I cashed out my initial buy in of $130 for 10. It was more of an experiment than anything. Been a fun ride so far.

Go troll elsewhere.
 
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Posted: #119
Is there a way to short bitcoins?
 
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Posted: #120
https://www.huffingtonpost.com/2013/04/03/bitcoins-bubble-porsche_n_3009313.html?ncid=edlinkusaolp00000003

Someone bought a luxury vehicle with bitcoins
 
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Posted: #121
Quote Originally Posted by pjrez:

Is there a way to short bitcoins?

I was thinking the same thing. When this bubble bursts it will be worse than any late 90s dot come bubble 
 
MVP
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Posted: #122
question is when will it burst? if that is I guess.

Im interested, but after seeing the website, no idea...
 
MVP
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Posted: #123
Im not a big PC guy. This stuff seems over my head in ways (not bitcoins, but backing up your wallet, how to get them etc)...

I am very interested yet confused. Anyone have the not an IT guy cliff notes for how to get the and how to back up my wallet? I downloaded, but have not "registered"
 
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Posted: #124
Quote Originally Posted by capperator:

https://www.huffingtonpost.com/2013/04/03/bitcoins-bubble-porsche_n_3009313.html?ncid=edlinkusaolp00000003

Someone bought a luxury vehicle with bitcoins
Look, the bottom line is that something is worth only what someone is willing to pay for it. And if someone is willing to accept bitcoins as a fair value for a Porsche, then that's fine. When the Pilgrims first landed in Plymouth, the first mode of currency were sassafrass  leaves. 
10 years ago I was duped into buying some Iraqi dinars. I had a friend who bought tens of thousands of them on speculation. His "investment" nearly wiped him out. There are always a few behind these "investments" who are going to gain at the loss of the many.
 
 
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Posted: #125
Is anyone familiar with the tulip bulb futures market of the 1600's or the Liberty Dollar?  I am not trying to be a negative nancy, as I would love to see a widely accepted alternative to reserve notes, but I am still skeptical of the long-term success (mostly because the central banks hate competition). 
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