Online Cash Bitcoin Could Challenge Governments, Banks

The Price of Bitcoin Could Go To $1 Million. (It just hit $340)

-- Tom

 

Australian bitcoin user TradeFortress says site hacked, $1 million in virtual currency stolen.

Related: $1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet.

-- Tom

 

If the market spikes as much as it did in April, it will peak on 2013-11-14 at 840 USD/BTC.

 

Time to buy 10 years of VPN and Email

 

If You Believe In Bitcoin, You Should Never Buy Anything In Bitcoin.

-- Tom

 

That guy is stretching it a bit. That's like telling an Apple stock holder not to have cashed in his shares 5 years ago, to send his kid to college. Shares that he made a huge profit on. As long as you get more fiat currency value when you sell/purchase, than you put in, there is no complaining. "Grandpa, I can't believe you sold your Coca Cola shares in 1980, to buy your house - cash...you'd be a millionaire today!"

 

Game Theory and Bitcoin.

-- Tom

 

Why the Cornell paper on Bitcoin mining is important.

-- Tom

 

Bitcoin Vulnerability Could Allow Malicious Miners to Seize Control.

-- Tom

 

A Bitcoin Exchange Holding $4.1 Million For 1,000 Customers Has Simply Vanished.

-- Tom

 

Politicians—Now Accepting Bitcoin.

-- Tom

 

That is the downside of online anonymity and privacy

 

True, but who in their right mind keeps their money outside of the TC Container on their machine, and the TC'd USB backup? Apparently, quite a few. My "No Cloud" policy looks better and better each day

 

That's very true.

But you do need an exchange account in order to trade, I think. And there are probably balance requirements as with other trading platforms.

 

http://fiatleak.com/‎

On a map! The US and China are buying like crazy!

But be careful. The site is a memory hog. It almost totally stalled this poor VM, sucking about 1.6 GB in a minute or so

 

from that article about the Chinese disappeared exchange

 

Bitcoin value already 400+% higher from just few weeks ago.
Better investment than stock market.

 

5 Novemeber?
Oh that is ancient history.

current mtgox $408 (high $448 )

 

Man buys $27 of bitcoin, forgets about them, finds they're now worth $886,000

 

Hi Tipsy,

Already posted in this thread on Oct 31, 2013: in message #379: here.

-- Tom

 

Sanitizing Bitcoin: This Company Wants To Track 'Clean' Bitcoin Accounts.

-- Tom

 

How Much Are Bitcoins Really Worth?.

-- Tom

 

Yeah, if you want fiat currency, out, you need an exchange. I don't remember any minimums when I used Mt. Gox though. Even then, transfer small amounts and send to Dwolla the minute they hit. That way, if you get taken, at least it was small. I'm sure there is a reverse Bitcoin.local - trade BTC for cash. I just stay in the BTC economy, no need for cash. At this rate, I'll have VPN service for life

 

New York State Hearing on Bitcoins. (PDF)

-- Tom

 

New York recently ranked LAST in a survey on personal freedom of all 50 states.