12/2013 - Request: e-currency payment?

[martin0siddle]

So what. Tell me what you think about taxes after you see the Dominican Republic.

Can I tell you after I been to any super rich place that don't have taxes ? OK DR is poor 3rd world, but, there is rich country that dont steal 65% of your earning, but only like .. 15-20%.. even 30% would be fine with me..

[martin0siddle]

They can have the wife. You can get another one.

loooooooooooool!!!haha to be honest, i think thats what would happen, if i had a wife, and if i had 100k o.o both are not happening now!! lol, i actually wish both were my case but no

Edit:

I actually dont want a wife, but ill take the 100k

[Jimmydr]

Can I tell you after I been to any super rich place that don't have taxes ? OK DR is poor 3rd world, but, there is rich country that dont steal 65% of your earning, but only like .. 15-20%.. even 30% would be fine with me..

What don't you have that you want to have but because you paid too much taxes you don't have. I have everything I ever wanted.

[martin0siddle]

What don't you have that you want to have but because you paid too much taxes you don't have. I have everything I ever wanted.

I honestly think that, if there was no tax, I would be ruinned because I had a surgery that must have costed shit loads of money ( They cut my stomatch ) ... lol

I actually don't pay much tax... 100% of my income is online... Paid in some kind of virtual bank that dont declare nothing...

I declare like 50% of my income, so i techinicly only pay 25% tax.... but, just saying, normal people pay lot of tax!!

[Jimmydr]

I honestly think that, if there was no tax, I would be ruinned because I had a surgery that must have costed shit loads of money ( They cut my stomatch ) ... lol

I actually don't pay much tax... 100% of my income is online... Paid in some kind of virtual bank that dont declare nothing...

I declare like 50% of my income, so i techinicly only pay 25% tax.... but, just saying, normal people pay lot of tax!!

We ain't normal, we are mongers.

[martin0siddle]

We ain't normal, we are mongers.

I'm a monger to be! lol :P

[Jimmydr]

I'm a monger to be! lol :P

You banged hoes in Canada, you are a monger.

[BigLongBeach]

while a hacker cant steal your bitcoin, they can steal the value of your bitcoin

have you looked into what "shorting" is?
what high frequency traders are?
have you heard about insider trading?

Think about how that applies to the exchange for virtual currency in a unregulated market...

I am for virtual currency (crypto-currency

but i see the dangers

I know lot of people that lost all their economy because of frauder, because of crash in company, because of bad investment, there frauder that steal 100 000 000$+++ from "secure" economy of people, there gouvernement that lose 100 000 000 000$+++ from economy that were hard earned by worker's...

I do not know anyone who has been hacked / lost his bitcoin / lost all his economy in bitcoin, because you manage them yourself, you cannot lose them.

No hacker can "steal" your bitcoin. Unless he hack your computer, find out your bitcoin password, decrypt your wallet, etc etc... but, you are MUCH MORE likely to lose your economy from a frauder getting your bank info then one getting your bitcoin wallet.

All bitcoin address are public, anyone can see history of them, everyone can see all transaction... no one ever managed to ''hack'' a wallet with a bitcoin address... it never happend.

[martin0siddle]

while a hacker cant steal your bitcoin, they can steal the value of your bitcoin

have you looked into what "shorting" is?
what high frequency traders are?
have you heard about insider trading?

Think about how that applies to the exchange for virtual currency in a unregulated market...

I am for virtual currency (crypto-currency

but i see the dangers

There is no way to have those problem for bitcoin, except maybe high feq traders, but its normal.

It might be a un-regulated market, yes...

You see, with the real market, you have those problem you just said, people make tricks to steal people money and so on... with bitcoin, this wont happen.

People make bitcoin money, by buying/selling.. or mining.

The mining is acquiring brand new bitcoin, while buying/selling is "stock" playing. The mining difficulty/hardness/cost to mine/time is what give the bitcoin its value in addition to its popularity. since day 1, it always been valued at the same price (average) of the cost to mine them. Except when the big boom happend(when a block went from 50btc to 25btc) it was always like that. and it will always be. OF course, when someone is duping ALOT of bitcoin, or actually buying ALOT, then the price drop/raise... on long term it will always increase, on short term, its not good to play with.

I'd say, good luck to you to find someone that would be able to "insider trading" on bitcoin, it is a 100% open source currency, everyone can make its own ( literaly ) , its like, everyone having its own USD$ printer at home... how could someone insider trading.. like... unless he know someone who is gonna dump 1 billion $ of bitcoin into a website, there is no way it happen.

[BigLongBeach]

whats to stop from a country, bank or business from:
selling selling all of their b-coins tonight, then tomorrow they announce that they are no longer accept/support bitcoins?
the market crash again while you lose 50% of a coins value

How about someone does a DOS attack on the exchange, people cant access their exchange/broker, they panic and the market crashes

stocks split all the time making more stock.. someone making their own coin isnt far fetched.

my problem isn't with bitcoin, the high volatility in a unregulated market, not having diverse portfolio is a quick way to get broke

There is no way to have those problem for bitcoin, except maybe high feq traders, but its normal.

It might be a un-regulated market, yes...

You see, with the real market, you have those problem you just said, people make tricks to steal people money and so on... with bitcoin, this wont happen.

People make bitcoin money, by buying/selling.. or mining.

The mining is acquiring brand new bitcoin, while buying/selling is "stock" playing. The mining difficulty/hardness/cost to mine/time is what give the bitcoin its value in addition to its popularity. since day 1, it always been valued at the same price (average) of the cost to mine them. Except when the big boom happend(when a block went from 50btc to 25btc) it was always like that. and it will always be. OF course, when someone is duping ALOT of bitcoin, or actually buying ALOT, then the price drop/raise... on long term it will always increase, on short term, its not good to play with.

I'd say, good luck to you to find someone that would be able to "insider trading" on bitcoin, it is a 100% open source currency, everyone can make its own ( literaly ) , its like, everyone having its own USD$ printer at home... how could someone insider trading.. like... unless he know someone who is gonna dump 1 billion $ of bitcoin into a website, there is no way it happen.

[martin0siddle]

1- whats to stop from a country, bank or business from:
selling selling all of their b-coins tonight, then tomorrow they announce that they are no longer accept/support bitcoins?
the market crash again while you lose 50% of a coins value

How about someone does a DOS attack on the exchange, people cant access their exchange/broker, they panic and the market crashes

stocks split all the time making more stock.. someone making their own coin isnt far fetched.

my problem isn't with bitcoin, the high volatility in a unregulated market, not having diverse portfolio is a quick way to get broke

There is over 200 different exchange website, in over 100 different countrys there is NO way they all shutdown at once, and no one would have enough power to DDoS attack ALL of those different market's.

I own my wallet, as in, I am my own bank, unless you ddos me, then i will always be able to use my bitcoin, if one exchange site close, i will go on another, if the other close, i will go to a new one again...

[Westy]

Martin, you've probably seen this video ...

I got the following message from the Sovereign Society a few days ago.

If you're the slightest bit curious about Bitcoin, or are already becoming involved, then you simply must watch this video by Andreas Antonopoulos on the revolutionary nature of Bitcoin.

I've just finished watching it myself, and I can tell you, it brought me out in goosebumps.


Truly, Bitcoin - like the internet - has the power to change the world, for the better.


http://stg.do/3JLe


Yours in freedom


David MacGregor

Several points I found salient - (1) it's not just about Bitcoin as a currency; (2) the algorithm that creates and runs Bitcoin, as a shared-agreement program in cyberspace, is really more important than the Bitcoin currency itself; (3) a Bitcoin wallet is like your own international bank.

I'm not ready to put my savings into Bitcoins - not at all - but even if you regard them as "virtual wooden nickels," crypto-currency isn't going away.

Not pimping for them, Senor Jimmy, just reporting on what I've heard.

[martin0siddle]

Martin, you've probably seen this video ...

I got the following message from the Sovereign Society a few days ago.



Several points I found salient - (1) it's not just about Bitcoin as a currency; (2) the algorithm that creates and runs Bitcoin, as a shared-agreement program in cyberspace, is really more important than the Bitcoin currency itself; (3) a Bitcoin wallet is like your own international bank.

I'm not ready to put my savings into Bitcoins - not at all - but even if you regard them as "virtual wooden nickels," crypto-currency isn't going away.

Not pimping for them, Senor Jimmy, just reporting on what I've heard.

I'll make sure to see the video soon, I never seen it yet thanks for sharing it to me =)

[Jimmydr]

Not pimping for them, Senor Jimmy, just reporting on what I've heard.

Maybe you should pay your employees with this

[martin0siddle]

Maybe you should pay your employees with this

A few of the website i work with pay my affiliate revenue in bitcoin :P

If I was working for anyone I would definetly like to be paid in bitcoin!!!

[Jimmydr]

A few of the website i work with pay my affiliate revenue in bitcoin :P

If I was working for anyone I would definetly like to be paid in bitcoin!!!

Its time to launch Hoecoin. Accepted Worldwide for BBBJs

[Irie]

Its time to launch Hoecoin. Accepted Worldwide for BBBJs

Let me me know when the IPO is.

[martin0siddle]

Its time to launch Hoecoin. Accepted Worldwide for BBBJs

Its actually posssible for anyone to create their own crypto-coins ... we could really create a HoeCoin if we wanted. :P

Will the chica accept it for BBBJs????? I dunno hahahaha

[Jimmydr]

Its actually posssible for anyone to create their own crypto-coins ... we could really create a HoeCoin if we wanted. :P

Will the chica accept it for BBBJs????? I dunno hahahaha

I will buy them at $12.50 in Boca and use them as $150 in NYC. What a spread!

[Jimmydr]

Let me me know when the IPO is.

At $12.50 per coin, how many do you want?