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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





Last edited by ChiefRocka; 07-16-2017 at 05:12 PM..
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Old 12-06-2017, 06:55 PM   #736
Hog's Gone Fishin Hog's Gone Fishin is online now
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Go back and read through the first 3 pages of this thread, especially page 3, ****ing makes me laugh and sick to my stomach at the same time.
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Old 12-06-2017, 07:07 PM   #737
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Quote:
Originally Posted by Fish View Post
I remember when I first purchased bitcoins at $22 a piece.
Well.. are ya rich now?
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Old 12-06-2017, 07:35 PM   #738
scho63 scho63 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Go back and read through the first 3 pages of this thread, especially page 3, ****ing makes me laugh and sick to my stomach at the same time.
Me too and I had a post on page 3 on 2013 referencing the Tulip Bulbs.
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scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
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Old 12-06-2017, 07:45 PM   #739
Hog's Gone Fishin Hog's Gone Fishin is online now
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Quote:
Originally Posted by scho63 View Post
Me too and I had a post on page 3 on 2013 referencing the Tulip Bulbs.
If only!
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Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
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Old 12-06-2017, 08:08 PM   #740
scho63 scho63 is offline
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I can make Bitcoin crash, all I need to do is invest. I'm like Bill Macy in "The Cooler".
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Old 12-07-2017, 01:41 AM   #741
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Millions May Have Been Stolen in a Bitcoin Marketplace Hacking Heist

http://amp.timeinc.net/fortune/2017/...ryptocurrency?
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Old 12-07-2017, 01:46 AM   #742
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So do buttcoins still have no use beyond drug buying/selling?
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Old 12-07-2017, 01:56 AM   #743
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Quote:
Originally Posted by BryanBusby View Post
So do buttcoins still have no use beyond drug buying/selling?
Valve is no longer supports Bitcoin.

As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.

In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.

https://steamcommunity.com/games/593...96684955433613
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Old 12-07-2017, 02:00 AM   #744
BWillie BWillie is offline
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Quote:
Originally Posted by BigRedChief View Post
Trezor was already hacked in August.
https://medium.com/@Zero404Cool/trez...s-761eeab03ff8
Hacked? Do you call it hacked when someone mugs you and takes your billfold/cash? To hack you they would actually need the physical device to hack it. Even if they do "mug" you and physically get your Trezor they have to crack the password & jump thru hoops & do so before you xfer your funds to another wallet with your private security key (that you store at another different location)
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Last edited by BWillie; 12-07-2017 at 02:10 AM..
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Old 12-07-2017, 02:09 AM   #745
BWillie BWillie is offline
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Quote:
Originally Posted by eDave View Post
Valve is no longer supports Bitcoin.

As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.

In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.

https://steamcommunity.com/games/593...96684955433613
Bitcoin fees have lowered recently actually but yeah it was pretty ridiculous a few weeks ago.

But for some reason ppl love to pay to higher of a miners fee than they need and lots of wallets & exchanges seem to encourage that. But if you just want to wait a liiitttttle bit longer for your transactions to confirm you can save ALOT on fees.


As seen here. Youre welcome all
https://bitcoinfees.earn.com/
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Old 12-07-2017, 07:06 AM   #746
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Old 12-07-2017, 07:46 AM   #747
Hog's Gone Fishin Hog's Gone Fishin is online now
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Nicehash hacked for over $60 million now
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Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
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Old 12-07-2017, 08:14 AM   #748
BWillie BWillie is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Nicehash hacked for over $60 million now
I would certainly expect everything but cold storage & offline hardware wallets to get hacked.
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Old 12-07-2017, 08:20 AM   #749
Hog's Gone Fishin Hog's Gone Fishin is online now
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Several stocks that may make a run today because of the bitcoin momentum

RIOT
GBTC
MARA
GOHE
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Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
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Old 12-07-2017, 09:02 AM   #750
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Quote:
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I would certainly expect everything but cold storage & offline hardware wallets to get hacked.
Why would you think cold storage and offline are safe? Your piddly $10K in your safe at home? Probably.

Its the major hacks like I posted thats Bitcoin holders problem. If these continue (and they will) the confidence in Bitcoin safety goes down. 50 of those 900 big dogs get their money stolen at the same time, the stock will collapse.

Ask anyone in security. Its only recently that these serious and capable groups turned their attention to Bitcoin due to its recent run up. Now its worth their time.
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