Bitcoin & Other Crypto Currencies

disclaimer: i dont think this one is it because the video should be longer and also i have no sound at work so im going off of visuals but this is kind of a snippet of the video my professor showed us http://www.youtube.com/watch?v=ultLPNj-a8Y

 

many states are investigating as well as the Fed's I have read a number of articles about possible digital laundering, not sure if thats the case, but more over like a pyramid scheme.

I'll stick to Gold Prospecting.

 

Yeah! SMALL BUSINESS too - Like the vendor I was trying to get excited about it.

 

Here are the seized coins

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

There are legitimate uses for them. They are upset due to the gov't and politicians not getting their cut. That is all.

The coins siezed were being used to buy drugs and other deemed illegal warez.

 

states and feds are investigating because it de-centralizes currency and the known origin is actually unknown. pretty much gubment mad cuz bitcoin make there money useless. might be a pyramid scheme idk. digital laundering is a big possibility because it uses other peoples computer to store data and info that is untraceable so pretty much the only way to truly stop this is to shut down the internet altogether and if the gubment did that then would most likely no longer be fictional lol

 

Either way. I am happy that I will be able to get some of the 'MODS' I wanted for the truck at a Considerable discount due to my foresight on these. Ben will be getting a nice order for LIGHTS for the Expo Rig.

 

ben accepts bitcoin now? or are you cashing in on some bitcoin for them?

 

No he doesn't yet. Seemed he was interested. Then "Cashing out" / using an exchanger appeared to bother him.

 

ah i see. i understand the skeptics there but at the same time people do the same at casinos so i dont really see how this is much different?

 

I'm going to cash out some of MINE. But I really do not feel like being ass raped by paypal.

 

I agree.

 

You should really listen to this while browsing. Lots of great info.

 

I have watched a couple of videos on this on Youtube including the one posted above. So, in order to purchase one BTC i need $1001.23 (thats what it is currently) is that correct? Are there other ways to earn them?

 

You can purchase whatever .oooooooooooo1 you want. Say you want to buy a $10 item online. You could just buy $10 worth of coin.

 

Whilst on the topic of Bitcoin, anyone heard of the Dark Web, Silk Road or The Armory? Pretty interesting stuff. I wasn't aware bitcoin was used much outside of that.

 

Yes, I know darkweb.. FYI SR is gone. I linked the blockchain of seized coins. At the current price point, the GUBMT has right around 30milion USD siezed.

 

http://www.youtube.com/watch?v=uJYBlROTswo

 

http://www.youtube.com/watch?v=yF8lpnfOpvM

 

There's nothing that bitcoins are tied down to. they can be worth pennies, or millions based solely on how badly people want them. It's a great thing, and a terrible thing if the market crashes.

 

Went over the $1200 mark. WOuld like to cash out @ ~$2k/ - that would be my URD SC for the truck.