anyone here using bitcoin?

**onacloud** · 04-09-13, 11:13 PM

got in at 16USD

flyingillini used to run around touting this when they were ~5USD wonder how many coins he still has

**daimoshokage** · 04-09-13, 11:13 PM

saloon this scam shit!!!

**onacloud** · 04-09-13, 11:18 PM

Originally posted by daimoshokage

saloon this scam shit!!!

Last price:$233.45920

When I sell 1 bitcoin I get 233.45920 USD how exactly is this a 'scam' ..? I'll be waiting

**flyingillini** · 04-10-13, 02:24 AM

Originally posted by onacloud

got in at 16USD

flyingillini used to run around touting this when they were ~5USD wonder how many coins he still has

Made 235k in btc I'm out of it now but I got audited twice because of tradehill and dwolla but came out clean. I'm now heavily involved in litecoin , cleaning up at it as well.

**ACoochy** · 04-10-13, 03:27 AM

Originally posted by flyingillini

Made 235k in btc I'm out of it now but I got audited twice because of tradehill and dwolla but came out clean. I'm now heavily involved in litecoin , cleaning up at it as well.

Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

Thanks again Illini and good to see someone who is truly looking out for the player.

**daimoshokage** · 04-10-13, 03:50 AM

Originally posted by onacloud

Last price:$233.45920

When I sell 1 bitcoin I get 233.45920 USD how exactly is this a 'scam' ..? I'll be waiting

tell me then who regulates bitcoin you fukking dumbfukk..

**pico** · 04-10-13, 04:02 AM

Originally posted by ACoochy

Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

Thanks again Illini and good to see someone who is truly looking out for the player.

wow, i didn't know there is a trend now. litecoin seems like the 2nd generation of cybermoney

**ACoochy** · 04-10-13, 04:17 AM

Originally posted by daimoshokage

tell me then who regulates bitcoin you fukking dumbfukk..

Its largely self regulated by users and some of those of the original bitcoin forum. Every transaction is visible to anyone with the blockchain.

There is no central authority here daimo

**ACoochy** · 04-10-13, 04:45 AM

Originally posted by pico

wow, i didn't know there is a trend now. litecoin seems like the 2nd generation of cybermoney

There are several other virtual currencies out there but none that's as adaptable as btc imo.

Make no mistake though, the bubble has begun but history tells us their can be quite a lengthy period between when ppl start talking about the bubble popping to when it actually bursts.

Looking at getting into mining but rigs aren't cheap.

Freshly mined coins also demand a premium

**Sacrelicious** · 04-10-13, 11:14 AM

I only heard about it last December, within 2 days of studying it I became convinced it might be one of the best ideas I had ever heard.

Bought in at 17$ each for 2 grand, as I still viewed it as somewhat of a gamble. Good lord I wish I had bought in for more.

Can't be too hard on myself though, I'm looking at a 1400 percent return on investment, or something ridiculous like that. I think bitcoin is only getting started, this is going to be a wild ride over the next few months.

**pico** · 04-10-13, 11:47 AM

bitcoin transactions reminds me of the justin timberlake movie, In Time. instant peer to peer transaction. i guess that is the future

**ACoochy** · 04-10-13, 04:02 PM

BIG swings today fellas.

Gotta love the fukkin rollercoaster :-)

**Sacrelicious** · 04-10-13, 05:37 PM

Hilarious. I bought at 140 and sold at 180 and now its back to 140, ridiculous.

I need to make a mental note to have money on VirtEx at all times. As soon as gox shits the bed and gets laggy all the newcomers start panic selling because "bitcoin is crashing" and 4 hours later the price stabilizes at a higher number after sharps buy it up.

This is HILARIOUS.

I was idling in the IRC channel on freenode today, it hit 2000 users all panicking that bitcoin was crashing and panic selling.

Unreal.

**Sacrelicious** · 04-10-13, 05:37 PM

One lesson that is becoming more evident though,

DO NOT USE MT GOX.

They cant seem to afford a server even though they are probably making tens of thousands a day.

**GUMMO77** · 04-10-13, 05:39 PM

The New Bitcoin Millionaires

http://www.buzzfeed.com/jwherrman/the-new-bitcoin-millionaires

They're out there. As the currency climbs in value, one new millionaire states his intentions: "I'm gonna cash out."

**pico** · 04-10-13, 08:54 PM

last price 171

**pico** · 04-10-13, 08:58 PM

gold price dropped today as well because the FED minutes. bitcoin follows gold price movement but with much higher beta

**flyingillini** · 04-11-13, 01:43 AM

Litecoin is my new venture already made a killing in it

**Smoke** · 04-11-13, 06:38 AM

Originally posted by flyingillini

Litecoin is my new venture already made a killing in it

Orale! Jesus loves you.

**Sacrelicious** · 04-11-13, 01:17 PM

Good lord, what a ride over the last 48 hours. The price is shooting up and down like its nobodies business.

I've been having a hell of a lot of fun with this.

**pico** · 04-11-13, 01:57 PM

bitcoin trading has been halted. saw it on bloomberg

**pico** · 04-11-13, 01:57 PM

last price now at 123

**Sacrelicious** · 04-11-13, 02:05 PM

It has only been halted on Mt Gox, its up and running everywhere else. I use VirtEx, so its fine.

This is a very good opportunity to make some crazy arb deals and buy up while it is "low".

I use quotation marks around the word "low" because it "crashed" from 250 to 123, but yet 2 weeks ago it was 70$.

**flyingillini** · 04-11-13, 02:24 PM

Originally posted by ACoochy

Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

Thanks again Illini and good to see someone who is truly looking out for the player.

[QUOTE=ACoochy;18349506]Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

I made a killing with bitcoin from the start and told some close friends of mine as well that made a lot more than I did. I knew it was a winner, I'm out and very very happy with my profits, and already made a killing off litecoin, you are welcome! I have another venture I'm getting into that's a winner as well, I'll let you know.

**Huckleberry Pig** · 04-11-13, 03:27 PM

[QUOTE=flyingillini;18362308]

Originally posted by ACoochy

Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

I made a killing with bitcoin from the start and told some close friends of mine as well that made a lot more than I did. I knew it was a winner, I'm out and very very happy with my profits, and already made a killing off litecoin, you are welcome! I have another venture I'm getting into that's a winner as well, I'll let you know.

You're 2-0 so far, would love to get in on your next winner.

**Smoke** · 04-11-13, 04:03 PM

[QUOTE=flyingillini;18362308]

Originally posted by ACoochy

Litecoin is where its at imo.

Wanted to thank you for putting me onto this when the price was next to nicks.

Smartest investment I ever made.

I made a killing with bitcoin from the start and told some close friends of mine as well that made a lot more than I did. I knew it was a winner, I'm out and very very happy with my profits, and already made a killing off litecoin, you are welcome! I have another venture I'm getting into that's a winner as well, I'll let you know.

mazel tov

**gauchojake** · 04-11-13, 09:33 PM

Race to zero.

**ACoochy** · 04-12-13, 12:25 AM

The exchanges are being subject to repeated Ddos attacks.

Apparently the hacker are investors who sell high, paralyze the exchange, wait for the price to plummet, and buy in again.

The joys deflation within a decentralized currency

**pico** · 04-12-13, 03:46 AM

lastest price 88.1

**daimoshokage** · 04-12-13, 04:23 AM

STUPID FUKKERS... BITCOIN IS A FUKKING SCAM!!!

http://www.collapsenet.com/free-resources/collapsenet-public-access/news-alerts/item/10851-the-bitcoin-bubble-goes-%E2%80%9Cpop%E2%80%9D

Off the World News Desk:
The Bitcoin Bubble Goes “POP!”
“After enjoying a week, or so of increasing value, Bitcoin took a huge dive today, explains why the "virtual currency" is not a currency at all, but more of a stock people have invested in to get rich. The coins started out at a high of $266 today, and have fallen to around $150, as this dramatic chart from Business Insider shows”

**Sacrelicious** · 04-12-13, 05:39 AM

Originally posted by daimoshokage

STUPID FUKKERS... BITCOIN IS A FUKKING SCAM!!!

http://www.collapsenet.com/free-resources/collapsenet-public-access/news-alerts/item/10851-the-bitcoin-bubble-goes-%E2%80%9Cpop%E2%80%9D

Off the World News Desk:
The Bitcoin Bubble Goes “POP!”
“After enjoying a week, or so of increasing value, Bitcoin took a huge dive today, explains why the "virtual currency" is not a currency at all, but more of a stock people have invested in to get rich. The coins started out at a high of $266 today, and have fallen to around $150, as this dramatic chart from Business Insider shows”

Annnnd while people are announcing bitcoin to be a "Scam"....

I'm buying...buying...buying.

**pico** · 04-12-13, 12:09 PM

73.5 now. i guess people are selling

**pico** · 04-12-13, 12:13 PM

Bloomberg - Are you a robot?

http://www.bloomberg.com/news/2013-04-12/virtual-bitcoin-mining-is-a-real-world-environmental-disaster.html

**pico** · 04-12-13, 12:14 PM

bitcoin is wasting resources in the real world from people who mine it