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  1. peilthetraveler

    Overstock.com now accepts bitcoin

    http://www.wired.com/business/2014/01/overstock-bitcoin-live/ If this isnt evidence that bitcoin is about to become part of everyones everyday life, I don't know what is. $800 per bitcoin is cheap...for those of you that havent bought yet, you are going to regret it when bitcoin hits $100,000
  2. peilthetraveler

    What are the largest drains on the economy/financial system?

    Blacks are a pretty big drain on the economy. Blacks bring in about 156 billion in taxpayer revenue per year. Coincidentally, its almost the exact same number we spend on welfare just for blacks. So basically they pay their own welfare. Unfortunately, white people are picking up the tab...
  3. peilthetraveler

    WTF is a bitcoin?

    Ask yourself these questions : WHY was the federal reserve created in the first place...? WHO will ultimately benefit from it (in a very sinister way)...?
  4. peilthetraveler

    how to buy?

    China banned it and it briefly dropped. I think it was around $1,200 when that news broke and today its $900(and climbing). The chinese economy is only a little bit smaller than the US. The US could ban it, but I don't think over the long term, it will have any effect. Congress already...
  5. peilthetraveler

    how to buy?

    my thinking exactly. Alot of people see bitcoin and don't understand this is a global phenomenon. If you go into facebook and search bitcoin groups, you will see the majority of the groups are in other languages in other countries. This isnt just american money going into bitcoin, its world...
  6. peilthetraveler

    First bitcoin debit card

    No matter what, you have to keep your bitcoins protected. Just like with cash. For instance...You wouldn't walk around with your entire life savings in your back pocket. No, you walk around with $100 bucks or so in case some mugger comes along and robs you, or you lose your wallet at the...
  7. peilthetraveler

    WTF is a bitcoin?

    <iframe width="560" height="315" src="//www.youtube.com/embed/ugkLGKrYhy4" frameborder="0" allowfullscreen></iframe> This made me laugh.
  8. peilthetraveler

    Lily Allen regrets not playing concert in 2009 for 100,000 bitcoins

    http://www.huffingtonpost.com/2014/01/07/lily-allen-bitcoin_n_4556530.html?utm_hp_ref=entertainment&ir=Entertainment Maybe I'm going to ask her to play a concert and offer her 100,000 dogecoin. :P (Thats worth about $22 as of this writing.)
  9. peilthetraveler

    how to buy?

    See, I'm on altoids side. When I wanted to buy bitcoins, I went to all these exchanges and couldnt seem to find anyone willing to take my USD because they wont deal with the banks. Had alot of assholes tell me how easy it was to buy bitcoin,but nobody gave me any info, just "if you don't know...
  10. peilthetraveler

    First bitcoin debit card

    Why would you say that? I havent found anything negative on bitplastic or michael moriarty. True you should be careful especially with bitcoin, but its not like you would load your entire lifesavings of bitcoins into that thing. I mean its a fast convenient way to turn your bitcoins into...
  11. peilthetraveler

    First bitcoin debit card

    https://bitplastic.com/?refid=1746 As someone who likes to travel, I thought this is going to be the future. You put bitcoins on your card, and then you go to any ATM in the world bam...there's your money. The only thing I don't like about this is that you can only spend $1,000 per day...
  12. peilthetraveler

    Forex-Metal Offers Bitcoin and Litecoin Trading

    Sounds really official, like a big government supreme court judge deemed them guilty of FRAUD! Who is FPA? I dont know...nobody knows...they don't give any info on who they are, and the only way to contact them is by filling out a form on their website. You cant even contact anyone if you...
  13. peilthetraveler

    Laymans term.. What are bitcoins?

    Its basically like virtual currency just like you see in farmville or world of warcraft except it can be spent wherever someone is willing to take it. The difference though is that bitcoin can't be counterfeited or duplicated as there is a crytpographic code in every bitcoin that can be...
  14. peilthetraveler

    how to buy?

    ignore newguy...There is always at least 1 bitcoin asshole on every message board.
  15. peilthetraveler

    how to buy?

    Coinbase.com is where I buy my bitcoins from. Its a bit of a process though...they have to verify your bank account which takes a few days...then when you buy, they don't give you your coins for like 7 days. After that, you're good to go. You can also buy coins with cash from other people at...
  16. peilthetraveler

    True Legendary Trading Stories

    Haha...I also bought PUMA...was the first stock I ever bought. I bought in 96 or 97 though at 16 7/8 I believe it was. I sold in '98 I believe for around $8 for a 50% loss. Saw it go to the $3-$5 range and thought about buying it back. Later I saw it go to $8 and thought, I'll definitely buy...
  17. peilthetraveler

    Martingale?

    Statistically, if you always buy a stock and use $1,000 to start and double it every time you lose and you start with a $250k account, you will blow up after 128 trades.
  18. peilthetraveler

    i've lost 400k the last 2 months i'm quitting

    Wow..Can't believe I wrote that 7 years ago. SIRI was trading at $4.02 that day. 7 years later...trading at $3.88. Guess I should've said buy the puts!
  19. peilthetraveler

    Clown Shoes: Raising the debt ceiling does not increase our debt.

    There is no debt ceiling. Its been raised over 100 times since first put into effect in 1917, so how can their be a ceiling if everytime we reach it, we just raise it again?
  20. peilthetraveler

    Obama softens on Nuclear Iran

    Obama: Hey Iran, if you pinkie promise not to weaponize nukes, then you can have Nuclear power. Iran: Ok, we promise. (*fingers cross behind back*) http://www.debka.com/article/23287/
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