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    BitCoin - Intellectual Fraud or a Stunning Idea??

    It's not illegal. So what's the point?
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    It is pretty much impossible to stop BTC. You can try to call it "illegal" somehow, but it is pretty much impossible to contain now that the cat is out of the bag.
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    LOL I love when people say BTC is only good for money laundering etc. Yeah, and no one launders money in US Dollars? Jesus Christ..
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Try localbitcoins.com Don't bother stuffing anything else in your pooper ;)
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Depends who you ask, but they offer the most liquidity. If you want to use paypal/visa or something you can buy them slightly cheaper at btc-e.com. You can get them through the bitpay option*
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    80 BTC a rig is worth it. If my coins weren't locked up in Mt. Gox I would order that today.
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Pretty much your whole point is, "can't really use it good till it costs more." So, I'll sell now. :) If you can get instant BTC/USD transactions, I don't see why the price of BTC matters at all (from the sellers perspective). But you are right. You probably should have sold, really. I...
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    The Ultimate Revenge Trade: Ex-Goldman Trader 110,000 emini ES position

    Who in the hell just gives people firm capital to trade however the want like that in the market? I didn't think this type of shit was even real.
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    I think you are underestimating the true potential of BTC. Using the term "hobbyists" I believe is somewhat foolish. I have been in this for about 2+ years now. I made a lot of mistakes too, like you just did selling your coins. The price could go down $40 tomorrow, if it does, hopefully you...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    So, buy and hoard until $1000 a coin? :)
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Well, not entirely. But yes, most will go this route. I actually earned my first few coins from someone else for doing yard work, then slowly found out more about it. But you can buy as much BTC from private sellers as you want. You can buy and sell locally with other people. Just go...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Sounds like regular equity markets.
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Where can you get gold that isn't "on the books"? Other than private sellers, I mean? If you go to a pawn shop to buy gold, do they copy your ID? I honestly have no idea as I have never made these transactions. Do you also think gold is easily transferable? How do you mean, exactly? I...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    You can borrow BTC @ around 15% I think right now on Bitfinex, IIRC? Check around, but it's true. There is nothing stopping you from making another currency. Just like there is nothing stopping you from making another E-Bay. Good luck with that, though. Btw, I did diversify 3 of my BTC...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    You can pay your property taxes now in BTC and can also buy anything you want on the internet with BTC virtual credit cards. More and more is in development everyday. This is just like the beginning of the internet. At first, there was nothing to do but look up .jpeg's of shitty resolution...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Really? Do I need to keep linking the logarithmic chart to shut you up? Not to be mean, but you sound like my dad. "This is all a ponzi-scheme, blah blah blah." It seems the older you get, the more you know about new technologies and future implications and the less you need to research...
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    BitCoin - Intellectual Fraud or a Stunning Idea??

    Yes, BTC are must have's for the holiday season. Grandma's are going out to purchase BTC for their grandchildren this Easter, throw a USB drive with 5 BTC on it in the basket for the kids. I am beginning to think you are mentally retarded Pekelo.
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    Bitcoin thread anyone?

    right
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    Bitcoin thread anyone?

    Be that as it may, there is nothing parabolic about its historical returns up till this very moment. If BTC hits 250-400 USD each within a couple weeks, then I will be the first one on the bandwagon.
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