




W/O any evidence really? u do know how many times their systems got hacked and ppl lost EVERYTHING they had in them? and how bitcoins are used by child porn collectors drug dealers assassins etc. its basically the currency of the DARK WEB scary shit goes on in that place what we do has a big enuf stigmata as it is. We dont think theyre reliable and safe. Were not wrong because we dont agree with you so stop before it gets ugly. So by ur logic if because some porn sites use all adult related industries have to use it too or we need to be shamed?
why does every bitcins-associated person who posts on sw come off as so flippant, rude and combative? I swear, it's almost as if they're trying to sabotage bitcoins
and yes, people here solely to insult and troll get banned, as did one person associated with bitcoins who behaved horribly. if you have something meaningful to share, do so. Anyone here solely to troll gets banned. simple as that
Troll, it's time to face the facts, that bitcoins are not going to work for camgirls. If I can't take my bitcoin down to my corner store and buy baby wipes what good is it going to do me.
Interestingly enough, I heard a story on NPR the other day about a woman who makes cupcakes and she accepts bitcoins. The interviewer asked if she knew what they were worth and she was like, "Hahaha no. I let them collect and let my husband deal with it"
I didn't ban or trash anyone. The person that got banned was extremely rude and unprofessional, so the moderators/administrators banned him/her.
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Yep, that's pretty much it.



Little trolls flippin over bitcoins and I'm just over here like
Some girls like bitcoins, some don't. It's similar to gambling and if you're willing to take the risk it can pay off... or it can tank. Que sera sera
very unstable and volatile i would recommend not to invest in it as its not backed and is already in a spiral!
Did this thread get shut down?
Ooh I think I've been responding to two different threads on the topic. I was trying to figure out what is the meat and potatoes of what they do with their bitcoins.





Well, where BitCoins are concerned, there is no factual question regarding the lack of 'hard' backing of their value. As a result, the 'exchange rate' volatility of BitCoins have recently caused some BitCoin account holders to experience MAJOR losses. In reality, owning / trading BitCoins is not much different than owning / trading shares of a fairly high risk stock. Thus BitCoin's tacit marketing efforts to paint itself as an alternative currency attempt to convey an ( IMHO unwarranted ) air of 'stability' that vastly understates the actual risks involved.
from published about two weeks ago ...
(snip)"For the last month, Bitcoin has been growing fat on the vine, like an over-watered grape in July. But the fun is now over. The fruit has burst and all of the juices are running out.
A massive sell-off began last night at around 4:00pm, yanking the exchange rate down from a high of US $260 to nearly $100 and reducing the total value of the bitcoins in circulation by more than one billion dollars. Mt. Gox, the largest of the Bitcoin exchanges, announced this morning that it will suspend trading until tomorrow. But the decline has continued on smaller exchanges, which have remained open. As of writing this, the price had already sank to $50 on the BitStamp exchange, setting Bitcoin back to where it was a month ago. If that rate holds, a whopping $2 billion will have evaporated in less than 24 hours.
The timing of the sell-off coincides with a spate of technical failures over at Mt. Gox. Yesterday afternoon, as the exchange rate rocketed up to $260, some traders began to notice a lag time on their orders. As the day went on, it got worse until many were complaining that their trades were taking two hours to go through. Meanwhile, the price began to drop rapidly and by the time orders were being filled, they no longer reflected the exchange rate.
Mt. Gox had a similar problem last week. After customers complained about not having access to their accounts, the company revealed that it had been the target of denial of service attacks. The exchange rate grumbled in response but ultimately continued its vertical surge. This time, however, Mt. Gox is not blaming an outside attack. According to an announcement on its blog:
"First of all we would like to assure you but no we were not last night victim of DDoS but instead victim of our own success."
Mt. Gox claims that it has been signing up 20 000 new accounts every day and had seen the number of trades triple in the 24 hours prior to suspending trading. It said it was this sudden increase in the trade volume that froze the trade engine.
As a result, it decided last night to suspend trading altogether until 12 April and will, it said, use this time to upgrade their system and catch up on the demand. Traders will be able to cancel their orders during this time and when trading resumes there will be no fees for 48 hours."(snip)
While not factually verifiable, scuttlebutt has it that the recent run-up in the 'exchange rate' of BitCoins was due to the movement of money by Greeks and Cypriots ... who were prevented by newly issued gov't edicts from moving their money out of their countries via conventional bank to bank transfers. In an environment where leaving money in a Greek or Cypriot bank would translate into automatic losses ( i.e. a newly enacted tax on bank balances ), BitCoin offered one option to move money out of the country that was beyond the reach of newly enacted gov't capital controls.
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