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Thread: Bitcoins are officially donkdown

  1. #161
    Diamond TheXFactor's Avatar
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    Are there any Bitcoin processors that accept credit or debit cards?

    If Bitcoins go to $50, it might be a good time to buy.


    A country in Africa is considering using Bitcoin instead of their own currency.



  2. #162
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by TheXFactor View Post
    Are there any Bitcoin processors that accept credit or debit cards?

    If Bitcoins go to $50, it might be a good time to buy.


    A country in Africa is considering using Bitcoin instead of their own currency.


    Checking account # and routing # and you can buy a blow dart gun from that African country.

    Just be careful ....

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    Last edited by Sanlmar; 07-12-2013 at 09:54 PM.

  3. #163
    Plutonium Sanlmar's Avatar
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    Gonna break $100?

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    The answer is supposed to be no.

  4. #164
    Diamond shortbuspoker's Avatar
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    Now that we know that bitcoins can be used to cheat African rubes, they will never go away.

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  5. #165
    Platinum BetCheckBet's Avatar
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    Quote Originally Posted by shortbuspoker View Post
    Now that we know that bitcoins can be used to cheat African rubes, they will never go away.

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    retweeted by micon

    Also the article title is EXTREMELY misleading. One third of Kenyan's have an ONLINE wallet and have had it for years. the online Wallet is M-PESA which uses tons of currencies (now including bitcoin), very few of its users would use it for bitcoin though.

  6. #166
    Diamond shortbuspoker's Avatar
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    I was referring to it more for the fact that the Winklevosses tweeted it. They will find a way to fuck over the poor from now on to make up for Facebook.

  7. #167
    Platinum garrett's Avatar
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    Quote Originally Posted by shortbuspoker View Post
    Now that we know that bitcoins can be used to cheat African rubes, they will never go away.

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    rofl, bitcoin jitney rides.


    Next will be bitcoin debit accounts.

  8. #168
    Plutonium Sanlmar's Avatar
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    Flag pattern. ABC down after let's say 2/3 retracement. Look out below. Caveat is the decent buying volume.

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  9. #169
    Plutonium Sanlmar's Avatar
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    Oops. I have fallen ....

    Obv 80 is important support. If it holds 80 I bet 80 - 90 channel would be a great ATM for trading.

    This really is a sad chart going forward.

    Wish I was rolled to arbitrage the spread between the different houses. You can see such disparate pricing at any given time. You think the Winkelvii would be all over that.

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  10. #170
    Gold anonamoose's Avatar
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    Quote Originally Posted by garrett View Post
    Quote Originally Posted by shortbuspoker View Post
    Now that we know that bitcoins can be used to cheat African rubes, they will never go away.

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    rofl, bitcoin jitney rides.


    Next will be bitcoin debit accounts.

    actually we're practically already there

    https://bitcoinatm.com/

  11. #171
    Gold anonamoose's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Oops. I have fallen ....

    Obv 80 is important support. If it holds 80 I bet 80 - 90 channel would be a great ATM for trading.

    This really is a sad chart going forward.

    Wish I was rolled to arbitrage the spread between the different houses. You can see such disparate pricing at any given time. You think the Winkelvii would be all over that.

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    you're relying way too much bitcoincharts

    use clark moody

    http://bitcoin.clarkmoody.com/

     
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      Sanlmar: Thx for the tip

  12. #172
    Serial Blogger BeerAndPoker's Avatar
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    Bitcoin Dice site sells for $11.5 mil.

    http://www.coindesk.com/bitcoin-comp...5m-126315-btc/

  13. #173
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by BeerAndPoker View Post
    Bitcoin Dice site sells for $11.5 mil.

    http://www.coindesk.com/bitcoin-comp...5m-126315-btc/
    That looks like selling pressure as Bitcoin proceeds from the sale get converted to diversify.

  14. #174
    Plutonium Sanlmar's Avatar
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    Daytraders love active stocks. Don't really care what the actual company does or it's prospects. There enough misinformation & deception in the stock market too.

    Just trade the chart. Not perfect - but very +EV. I have fallen in love with this chart as a result of this thread.

    Bitcoin trading has begun and its not gonna be a good day. Opening lower than previous close.

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    Not a good candle. Really looks like it needs to test 80.
    Last edited by Sanlmar; 07-18-2013 at 09:41 PM.

  15. #175
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by anonamoose View Post
    Quote Originally Posted by Sanlmar View Post
    Oops. I have fallen ....

    Obv 80 is important support. If it holds 80 I bet 80 - 90 channel would be a great ATM for trading.

    This really is a sad chart going forward.

    Wish I was rolled to arbitrage the spread between the different houses. You can see such disparate pricing at any given time. You think the Winkelvii would be all over that.

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    you're relying way too much bitcoincharts

    use clark moody

    http://bitcoin.clarkmoody.com/
    Thanks for tip anon!

    If I were scalping Bitcoin this is definitely the tool. But for the broader cleaner post bitcoin charts works.

  16. #176
    Platinum JimmyG_415's Avatar
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    I heard Gavin Smith, on this podcast, say that he is opening his own bitcoin poker room,
    http://infinitipoker.com/
    it was funny these guy interviewing him were shocked he was so open about opening a rogue poker room.


    https://itunes.apple.com/us/podcast/...ge/id459476611
    It is the latest one.

  17. #177
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by JimmyG_415 View Post
    I heard Gavin Smith, on this podcast, say that he is opening his own bitcoin poker room,
    http://infinitipoker.com/
    it was funny these guy interviewing him were shocked he was so open about opening a rogue poker room.


    https://itunes.apple.com/us/podcast/...ge/id459476611
    It is the latest one.
    Variance on top of variance. Grinding poker is hard enough. Craps has less variance & better EV.

    Can you imagine buying in at $100 per Bitcoin then grinding 20% ROI only to find your down 5% cause Bitcoins are now $75? Feels like Lock poker.

    Poker players with skill are looking to reduce variance. Bitcoin roulette doesn't help that player.

    Suicide outpaces alcohol as a leading cause of death among college students. This ain't gonna help. Think of the children.
    Last edited by Sanlmar; 07-19-2013 at 06:56 PM.

  18. #178
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    LOL @ Bitcoin Poker. It's totally illegal. You want to run a room that launders money go do it and see your ass in jail/

  19. #179
    Diamond shortbuspoker's Avatar
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    Micon=Ratbert?

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  20. #180
    Plutonium simpdog's Avatar
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    bitcoin ponzi scheme operator charged.

    http://www.sec.gov/News/PressRelease...3#.Ue65T9LOsoO

    I'm sure small-timers will be ok, but anyone who commits big fraud / illegal enterprises with bitcoins will still be prosecuted once it gets big enough.

    Micon if you read this, get out for the sake of your wife/child.

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