BitCoin - Intellectual Fraud or a Stunning Idea??

Discussion in 'Crypto Assets' started by gmst, Apr 2, 2013.

So, what really is BitCoin???

  1. stunning, refreshing, extremely innovative idea

    38 vote(s)
    49.4%
  2. intellectual, mathematical and computational masturbation

    13 vote(s)
    16.9%
  3. media to waste electricity and computing power

    5 vote(s)
    6.5%
  4. Only aim of idea is to make profits for innovators

    17 vote(s)
    22.1%
  5. No wonder only a Japanese can come up with such an imaginary, illusionary, delusionary, grandeur ide

    4 vote(s)
    5.2%
  1. Ur brilliant, dude. Clearly.
     
    #291     May 8, 2013
  2. Atticus
    From Wikipedia, the free encyclopedia
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    Atticus, a Latin name meaning "Man of Attica", may refer to any of:

    People

    Titus Pomponius Atticus (112/109 BC – 35/32 BC), ancient Roman littérateur / philosopher


    Pomponius , where we get the term, pompous ass. You are well named, moron.
     
    #292     May 8, 2013
  3.  
    #293     May 8, 2013
  4. So it's the instrument for you.

    Please calculate the hypothetical profit of 10 NQ options on futures netting 200 points starting ATM . Yes way into the thousands of percent in a few weeks.
     
    #294     May 8, 2013
  5. Pekelo

    Pekelo

    Well, in the last 24 hours there weren't enough moves, but the previous 1-2 days Bitcoin was rollercoasting from 80 to 120 back to 95, so him trading 5 coins at a time, it is not impossible to make 200+ with 6 trades.... He didn't mention the cost of the program... Also, it is possible it won't work that well in the future....
     
    #295     May 8, 2013
  6. why would you want to compare a large spread/zero leverage trade with an option?

    is this trading 101?

    someone claims to have bought some 'bot' that traded a lunatic market near perfectly by some strange coincidence.

    i guess your bs meter is on a different scale than mine
     
    #296     May 8, 2013
  7. Pekelo

    Pekelo

    #297     May 11, 2013
  8. Pekelo

    Pekelo

    The end might have started:

    "As of 12:13 PM on 5/14/2013, the U.S. District Court for the District of Maryland issued a "Seizure Warrant" for the funds associated with Mutum Sigillum's Dwolla account (a.k.a. Mt. Gox). In light of the court order, procured by the Department of Homeland Security, Dwolla has seized account activities with Dwolla services for Mutum Sigillum."


    http://www.reddit.com/r/Bitcoin/com...ed_to_do_business_with_mtgox/?sort=confidence

    BTC is down $10 after going quite steady for a few days....

    As a result:

    "Camp BX can't handle the added stress... their site is not responding now."

    --------------------------

    Funniest comment:

    "Since when did DHS give a damn what any other agency says or does OR what the Constitution and Bill of Rights says?

    Edit: Just had a knock on my door. I have been informed that the DHS does care what other agencies and the Constitution says.

    OK I said it can I have my pc back? please don't unplu"
     
    #298     May 14, 2013
  9. benwm

    benwm

    Gold weak again - seem to recall it got trashed last time Bitcoin sold off hard. Maybe just a coincidence?

    Bitcoins are about to...bitcoin the dust!
     
    #299     May 16, 2013
  10. mutluit

    mutluit

    No power on earth will be able to silence the bitcoin movement!
    Fact is fact! :)

    Virtual currencies are legal, look who else has other virtual currencies...
     
    #300     May 16, 2013