Let's talk about Bitcoins BG, We're doomed!!! The Sky is Falling!!!!!

**hey** · 2013-11-25 22:29

Originally Posted by octopus

Lol how is offline = on the internet? That's like the complete opposite of offline man ;o

https://en.bitcoin.it/wiki/How_to_se...savings_wallet

You didn't originally say offline. You said not hosted on the internet. If it's actually offline, then yeah, it's at least as safe as a physical wallet.

**Cantih** · 2013-11-25 22:48

Look at all those steps though. And while it may now then be safe from a hack, with most people, any kind of a step involving "use linux" is going to lead to some kind of fuckup and corrupting/invalidating a wallet.

**octopus** · 2013-11-25 23:04

Here's another example:

**guartz** · 2013-11-26 19:05

LTC near 20 bucks @ BTC-e.

The entire cryptocurrency market is so bullish. I've never seen anything like this. Aside from noobies loosing out to obvious pump and dumps, you can make a lot of money here.

**guartz** · 2013-11-27 14:11

LTC near 30. Just FYI.

**thetruepandagod** · 2013-11-27 18:49

Litecoins are such a fucking hassle to buy with straight USD, most websites that btc-e allow don't allow US citizens anymore.

**ronin sparthos** · 2013-11-27 19:30

That's my main problem with LTC, the difficulty of acquiring them with cash.

**hey** · 2013-11-27 22:05

Buy bitcoins and trade for ltc lol.

**thetruepandagod** · 2013-11-28 19:36

Originally Posted by hey

Buy bitcoins and trade for ltc lol.

In no reality would i ever do that, i have been buying them with cash though through litecoinlocal

**guartz** · 2013-11-29 21:58

you are wasting your money. BTC-E has the best rates for LTC. It's cheaper to buy BTC wait for a LTC down swing and then buy.

**Nephlite** · 2013-11-30 00:48

http://finance.yahoo.com/news/9m-bit...160800943.html

Hoarders everywhere may be feeling smug after a British man threw a hard drive containing more than $9 million in bitcoin into the trash.

The device is now buried under a mountain of garbage at a landfill site in Wales. It will be almost impossible to find.

James Howells got rid of the drive, which holds a digital store of 7,500 bitcoins, between June and August this year.

The IT worker mined the virtual currency four years ago when it was the exclusive domain of tech geeks.

Back then bitcoin was worth very little. On Friday, the cryptocurrency broke through $1,200, making the missing hard drive worth around $9 million.

Man that sucks... But like people pointed out, is it really worth 9 mil if he can't find a way to cash it out?

**Maguspk** · 2013-11-30 08:17

Cashing out is not hard, even MtGox the exchange notorious for being illiquid delivers in 10k increments on a decent schedule. It isn't impossible and the other exchanges are near instant maybe a few days delay.

Colleague sold about 15 million worth at 900 USD/BTC on MtGox during the spike following Senate hearings and caused the brief dump by specusheep down to 500.

As always, even if you didn't get in early it is still not a bad time to convert some USD to Bitcoins. The price will literally only be going up from here. Sure you won't make a 500 or 1000 time return but a 10-50 return is still a very real possibility. I am personally pushing roughly a 12 time return on my initial investment.

**thetruepandagod** · 2013-12-01 17:42

iiiiiiiiits crashingggggggggg sell to me quickly.

**octopus** · 2013-12-01 20:29

Originally Posted by thetruepandagod

iiiiiiiiits crashingggggggggg sell to me quickly.

Well I hope you bought when it got to $850 lol its back up to $1000

**ronin sparthos** · 2013-12-01 22:33

Anyone throw money on Peercoin or any of the other wannabe cryptos yet?

**thetruepandagod** · 2013-12-02 02:15

Originally Posted by octopus

Well I hope you bought when it got to $850 lol its back up to $1000

Been buying them at all different stages.

If anyone got any ltc/btc for good price pm me.

**Anoat** · 2013-12-02 20:06

Weeeeelp. http://finance.yahoo.com/news/colleg...153845085.html

**octopus** · 2013-12-02 21:37

Originally Posted by Anoat

Weeeeelp. http://finance.yahoo.com/news/colleg...153845085.html

Yeah, I saw it on College Gameday and I thought, wow he's going to get rich lol. Smart kid.

**Siniroth** · 2013-12-02 21:48

Originally Posted by ronin sparthos

Anyone throw money on Peercoin or any of the other wannabe cryptos yet?

Been mining Feathercoins in a pool recently cause I don't have the cash to put into anything more dedicated, but I get electric included in my rent so it doesn't cost me anything. Think they're still less than 1 USD per but I'm getting 2-3 per day if I mine the whole day. Hoping they come up too. Dropped 0.03 BTC on cex.io and been trading on that a little, but haven't seen any significant returns yet. It automines BTC and a few others though so I guess it's making me a little tiny bit

**notorious bum** · 2013-12-02 22:23

what about these Quarks?

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