View Full Version : Allowing Bitcoins as Currency for Trades.
supermarrioh
17.06.11, 18:35
I suggest to allow Bitcoins [BC] as currency for Trades.
Why?
At the moment its quite hard to get higher/highes level tracker accs, for FTN or exigo you nett at least FTN or exigo. No one is willing to give one of these for a bunch of trackers 2 or 3 levels below, as have nearly no need for them.
With a currency it would be possible to collect a and trade lower level trackers, work a little bit (webdesign, seedbox support and so on), rent private seedbox-shares and trade them against BC with users having a "lower" trackerbase.
once you gathered enough BC, you can Trade all your BC you collected against a "rare" Tracker.
There were some trades with rapidshares in the past time which went in this direction, but as rapidshare sucks now, theres no alternative until now.
BC is an in the virtual society more and more accepted currency without any "real" good or organisation or authority behind them, making it perfect for purposes like this.
Of course you can trade BC agains real money on some sites, but mainly its used as reward for work or digital goods. And we all know that you can sell or buy anything on the internet, let it be och-prem-accs, seedbox-shares, tracker accs and so on and use them for trading here.
Imo BC's are a great chance to revitalise and raise the quality and widen up the offer of our trading section, maybe to revitalise the whole board.
Greetings,
sm
You just described a tracker selling market.
That was my initial and negative impression, but I don't see why this can't be discussed.
supermarrioh
17.06.11, 19:21
I did. Is our Trade-section something different, exept real money is forbidden? A Trade is per definition something when someone sells to someone something in order to get something different from him.
Rapidshare-Points are traded, Seedbox-shares, invites... seldomly upload-credit on trackers you can send upload-bonuspoints. Whats missing is a currency to keep the marked fluid.
As Trackers forbid trading of any kind, i see no point of forbidding this here cause of tracker rules.
Just because it's a digital currency that doesn't mean that they aren't equivalent to real money.
BitcoinMe.com :: Home (http://bitcoinme.com/)
A Trade is per definition something when someone sells to someone something in order to get something different from him.
What if you want the same thing twice :dabs:
Rapidshare-Points are traded, Seedbox-shares, invites... seldomly upload-credit on trackers you can send upload-bonuspoints. Whats missing is a currency to keep the marked fluid.
None of those have real life value,plus I fail to see our trading section as a market. :(
I see it more like a list of "have this want that" threads.
anon: I haz pornplusplus.com invite. LF some nice buffered account on a known tracker.
sbfreak: I haz accounts with over 200 TB buffered on jizzileyourcouch.com , make trade ?
anon: hell yeah
supermarrioh
17.06.11, 21:49
Rapidshares are sold in various boards.
Seedboxes, too.
Trackers [Even, or especially, High-Level ones] sell invites.
EVERYTHING worth something, really everything got a real money equivalent or value, even if its virtual.
What if you want the same thing twice
You got two What.cd Invites and are looking for a TS-Tracker account. A single What.cd invite insn't worth a TS-Acc, so you trade both invite for coins. These coins are worth a TS-Acc. Without coins you couldn't trade 2 What-Invites for a TS-Acc without some really comples trades.
Another hypothetical example, cheatos is that nice that he would give you the TT for What or something like that if you are a friend of him....
Cheatos got a TT-Acc, buffered with 500GB. A few years old, donators acc.
He doesn't need it, but instead he would like to have Exigo and FTN, but he finds no partner to trade with. There are many people wanting TT out there, but no one got Exigo and FTN.
So Cheatos is trading with SBfreak, who got the Exigo and gets 5000 Coins on top. With these 5000 coins he is able to get Butchos FTN. Anon now uses the coins to get some secret very rare exotic invite-only fetish-porn trackers or something like no one knows about. Everyone is happy, esp. anon :)
plus I fail to see our trading section as a market. :(
anon: I haz pornplusplus.com invite. LF some nice buffered account on a known tracker.
sbfreak: I haz accounts with over 200 TB buffered on jizzileyourcouch.com , make trade ?
anon: hell yeah
Exactly THIS is a market. You are going there to trade your goods for other goods. A currency makes trading easier and more fluid.
Rapidshares are sold in various boards.
Seedboxes, too.
Trackers [Even, or especially, High-Level ones] sell invites.
I know dude.It's just that bitcoins can easily be exchanged for real money anytime anyplace.That's what makes them different.
EVERYTHING worth something, really everything got a real money equivalent or value, even if its virtual.
I know.Even anon's sig.Look I don't want to upset anyone but to me using bitcoins is the same as using real money.
I am just saying my opinion and if the mods want to implement your idea kudos...it's just that SBnoob is stubborn and can't see a forum section as a market.
Btw how much is a bitcoin in dollars ?
supermarrioh
17.06.11, 22:42
Ill take a look....
Average about 10-16, depending on the actual rate.
But its common to us very small sums from 0.01 to 0.5 coins are used where i've seen them.
Look I don't want to upset anyone but to me using bitcoins is the same as using real money.
They are a real Currency, but not "real money". Youre right, its very easy to exchange them to real money, but as it's a currency used for trading its not that big problem. Would you mind if someone buys rapids to eschange them against trackers and the seller sells them again?
SBnoob is stubborn and can't see a forum section as a market.
I think markets are real fun, exp. if you got the possibilities of a currency. Imagine A codes a little php-script for B's private use who is to lazy atm, and gets payed wit a few Bitcent. With these Bitcent he can trade against some a bit use of C's seedbox for a torrent he wants to upload at what.cd to make some more traffic.
As i sad allready a currency creates flow and movement, those things a good trading section needs. Besides that i'm sure this will bring a bunch of new users to our board.
Of course this kind of trading need to be moderated and tested first, but if it works i think its an fantastic advance.
Are we talking about this: https://secure.wikimedia.org/wikipedia/en/wiki/Bitcoin?
I thought supermarrioh was proposing their own sort of currency specially for this forum.
Rapidshares are sold in various boards.
Seedboxes, too.
but not here. that's how it's been and will be.
supermarrioh
17.06.11, 23:19
I said nothing against that, i just wanted to state that rapidshares are some kind of currency.
Here, rapidshares/OCH-Accs- are traded against Tracker-Accs.
but not here. that's how it's been and will be.
People have traded RS accounts and whatnot for trackers here, AFAIK.
People have traded RS accounts and whatnot for trackers here, AFAIK.
yes, but not sold or bought. OCH accounts was a compromise and stretched our rules already.
the thing is as soon as something money-like is involved it's beyond what we'd like to allow here.
You just described a tracker selling market
Why not ? Most of tracker are selling their own invite like Donate xx USD and u will get 1 invite. Even FTN says " We dont sell invite........" but whenever I donated their they give me a one invite. I completley agree with supermarrioh, I have lots of high level tracker invite but why I trading with other low level invite which I already have ? for example, If a user willing to trade FTN,exigo etc. invite, obiviously he has alreday other tracker like bmtv bitme TL gft etc because they are below to FTN called by low level.In my own experience, I want UTN invite, one user has invite, I offer him lots of tracker but he has already all of them ! Now what ? How can trade will be done ? I asked him for money and he was ready to trade :rolleyes: So obiviously need some money for expensing seedbox, ISP rent or something else whatever need.
supermarrioh
18.06.11, 14:53
Thats the point, Bitcoins would give us the possibility to trade with a Currency without involving the disadvantages of real money.
Again, what is this Bitcoin? You [supermarrioh] still haven't answered if this is https://secure.wikimedia.org/wikipedia/en/wiki/Bitcoin the same thing or if you are proposing your own currency.
supermarrioh
18.06.11, 17:08
I mean the official bitcoin thing, thought that was clear.
A Board-Currency would have no chance of survival as our trading section is just starving around.
supermarrioh
19.06.11, 19:06
As nothiong happens, am i allowed to try out the use of the currency in the (members) trade-area without having to fear trouts flying my face?
As nothiong happens
Staff are currently discussing the ideas presented in this thread. We'll let you know.
---------- Post added at 14:56 ---------- Previous post was at 14:21 ----------
"Staff are" is probably incorrect, yes. Bleh.
GymTanAndLaundry
19.06.11, 23:07
Staff are currently discussing the ideas presented in this thread. We'll let you know.
---------- Post added at 14:56 ---------- Previous post was at 14:21 ----------
"Staff are" is probably incorrect, yes. Bleh.
It's not incorrect. ;) Get a little confused with "are" and "our" ?? English people get confused with them a lot, the illiterate bastards.... :P
I received a rep for that post, about someone whose grammar alert got triggered by "staff are". After reading it, I was actually unsure about whether the agreement was correct. (Is "staff" a collective singular noun, therefore requiring "is" and not "are"?)
But the idea is there and was successfully, that's what matters. :happy:
GymTanAndLaundry
19.06.11, 23:44
I received a rep for that post, about someone whose grammar alert got triggered by "staff are". After reading it, I was actually unsure about whether the agreement was correct. (Is "staff" a collective singular noun, therefore requiring "is" and not "are"?)
But the idea is there and was successfully, that's what matters. :happy:
Staff is a weird word from a non-native speakers point of view. Yes it's collective singular but if you put IS after the word staff it will never make sense no matter what the context is, the listener will understand you but think you're a retard with poor english ability (unless they don't know any better, engrish speakers out there? haha :P).
EG: staff is bored - staff are bored
staff is underpaid - staff are underpaid
staff is wanking in the toilet - staff are wanking in the toilet
as for our, that would always go in the initial position - not your question I know, but again it can never work coming afterwards. You can put "is" before staff, in certain contexts. As for "are" it too would only make sense in the initial position in certain contexts, usually a question EG: Are staff allowed to wank in the toilet? Is wouldn't work in the initial position unless "staff" came to form a 2 word compound noun eg: "is staff uniform issued or must we buy it?" or "is staff pay subject to review?" etc etc etc ;) you get the point.... wanking in the toilet!!!! hahaha
LOL @ grammar nazi's with poor grammar, absolute fail.
wanking in the toilet!!!! hahaha
Who said learning can't be fun :unsure:
"Is staff pay..." makes more sense to me because "staff pay" is still a single object.
supermarrioh
20.06.11, 01:33
Grml, i have to admit that im the grammar nazi. Had it in mind like this:
If the collective noun (staff) is acting as a single unit, use the singular verb: “The staff is very efficient.”
Source [it got a .edu, so it must be right] (http://www.agriculture.purdue.edu/agcomm/ontarget/0712/Grammer_traps.htm)
//Could someone move the OT discussion to OT?^^
//Could someone move the OT discussion to OT?^^
*staffarerefusingtomovethespamelsewherespammerssha llprevail!*
GymTanAndLaundry
20.06.11, 04:38
Grml, i have to admit that im the grammar nazi. Had it in mind like this:
Source [it got a .edu, so it must be right] (http://www.agriculture.purdue.edu/agcomm/ontarget/0712/Grammer_traps.htm)
//Could someone move the OT discussion to OT?^^
Incoming essay.... grab a cup of coffee.
Read that page. Even if it were correct from a technical standpoint, in practical application the social consensus does not share what they are saying/is being said. "The staff is very efficient" just sounds awkward when heard by the listener, and it doesn't seem like a natural sentence to me - as a native speaker. What you have to consider is that although it may be on an EDU domain, they are overly concerned with academic correctness, and haven't accounted for pragmatic social evolution. To say "The staff is very efficient" you would say "The staff here are very efficient" it sounds better, whether you're talking about one person or multiple people. People are more inclined to believe you are referring to a group, but nevertheless it can mean one person too.
English is gramatically not overly concerned with specificness unlike many other languages, as you may probably have noticed with how it doesn't use a masculine/feminine version concerning traits or groups, no "bonito" or "bonita", it's just "nice" no matter which your gender. No "esta", "este" or "esto" it's just "this", to elaborate further: outside HE and SHE, HIM and HER (and their variants - he'll, she'll etc) we do not differentiate gramatically or otherwise between genders, this same kind of vagueness continues throughout the language, many native speakers with below university education do not know a great degree of words that actually belong to the English language. I think statistically most know less than 10% of the base language's vocabulary, and even after you remove terminology and specialist terms - there are a large number of adjectives and nouns that the majority of people simply are unaware of, uneducated of, or have no use for because they are just that specific. You know when you have the curtain open in a room at a slight angle, the sun is at a certain position in the sky and you can see a ray of light in the room with dust circling in a spiral within that beam of light? We have a word for that in English. Hardly anybody uses it. My old English lecturer told me what it was, but I forgot the word because I never ever had to use it. Can't find the word on the internet based purely off description, so the word is lost to me. Anyhow, my digression is uncontrollable so back to what I was saying, your average person is concerned with how eloquent language sounds aka how pleasant it is to hear and not if it's actually from a founded academic stand-point or indeed, technically correct.
Little english vocabulary test, 10 words I came up with that most English people I would meet on the street in England would not know, please note all these words are very specific but can be substituted with a bunch of simpler words all strung together via grammar in the form of both adverbials and conjunctions (connectives):
1. Innocuous (and all the word's forms)
2. Digress - I'll give you this one, it means to go off topic - a pure example of how people use conjunctions with pockets of grammar to say what they mean rather than use the specific word English has for that action. EG: Don't go off topic can be "Don't digress" - much shorter and looks "less english". Interestingly enough, it has no opposite. You cannot "undigress" or "redigress" as neither are words, both are neologisms I have created for this example. I think non-native speakers get taught too much grammar and not enough vocabulary. I've considered being an English teacher, but the pay is shit so it ain't gonna happen :P
3. Tautology (despite it's ology, it's not a study of anything)
4. Reconnoiter (and all the word's forms)
5. Melancholy (and all the word's forms)
6. Archaic (and all the word's forms)
7. Posterity
8. Voluptuous (and all the word's forms)
9. Efficacy (and all the word's forms)
10. Intricate (and all the word's forms)
If your first language is not English and you know of/are able to easily utilize at least 5 of those words, then well done. You probably have good vocabulary, most English people without a university degree or college education in English Language don't know any of these words, or "have heard of them" but don't understand their meaning.
English in its raw form is more beautiful than it's given credit for, but the huge number of foreigners who claim to be "fluent" but in fact only know enough english to mingle with the large uneducated population. It's not their fault, the standard is already being set quite low by a large proportion of the native speakers, and it is logical to assume that if you can communicate effortlessly with most people then you are indeed "fluent".. but this is a relatively fluency, not concrete fluency (notice I didn't say "total fluency" as nobody is usually totally fluent even in their mother language) Also remember that in England we have many many many people who are uneducated or under-edcuated, and you begin to see from the demographic why the language in some ways is being nuked by the ignorant and the immigrants in to simplification that makes things "easier" for everyone.... this fad continues in to pronounciation too, by choosing how to pronounce something and not doing so in the standard way... but yes that's more digression again. Anyways, I realize I do sound harsh in what I'm saying, but these are previously observed truths, unfortunately. I know how hard it is to learn a language. I respect many foreigners for trying to learn English, what I don't respect is the number of foreigners I've met in my studies who claim to be fluent English speakers on their Curriculum Vitae (a damn lie!), but actually speak terrible basic English (grammar wise) let alone those with good base English who can even think about exercises like my 10 word test to increase their base vocabulary (of course this is very subjective and dependent on location, but most foreigners in England are poorly educated immigrants, or middle class students who have come to study and get an degree from England as it's more respectable than a degree in their own language from the respective country they come from, most have not previously lived in an English speaking country and thus it is largely an effort for such individuals to converse in English, especially for those from outside Europe - EG: indians, chinese etc)
Anyways back to topic, I can comprehend that "The staff is very efficient" is the correct way, but I am 99.9% sure you will never hear anybody say that or use that in a practical environment, and if they do - it will be met by confusion or strange looks. I was told by many of my teachers how I employ a lot of adveribals in order to make my sentences well sounding and coherent (and they also moaned I used adverbials a lot to boost my word count - LOL)... which means I am quite conscious of grammar, and personally in both spoken language or within an essay I definitely wouldn't approve of such ineloquent crap... loool. Be careful what you read on the net when you're trying to learn... some people will write whatever crap just to prove a point they feel passionately for without taking the most necessary factors in to due consideration. I like how they failed to implicate any social implications such a well coherent yet phonetically poor sentence would create.
In England they place no emphasis on learning foreign language, and even when studying "English" they do not bother to teach us the majority of the terminology concerned with the syntax/structure of language, I did English Language & Literature at college so I know more terminology than the average Brit, but most people from my country do not even know basic terminology. Don't believe me? go to http://google.co.uk/ and type in "what is a m" the first automated result which could be anything beginning with m is "what is a metaphor" - now metaphors are actually taught at school, one of the more basic terminological components and yet a bunch of people don't know what the fuck it is, so much so that they're all googling it to the extent that people who don't know what monotony or monogamy means are seeing shit about metaphors before they can type that letter 'O' in after 'M'.
LOOOOL. Got to love my country's poor education system..... we need reforms badly in the state education system, but I won't digress further and go into that... you've seen the example of how bad it is if you bothered to check google.co.uk ;)
Random common mistake: people like to say "and" after a comma. And is a "conjunction" while a comma is "caesura". Taking a breath and then issuing a conjunction collapses the whole point of using a conjunction in on itself, as you only need to do one or the other and not both. I don't think a lot of foreigners know that (I guess it depends on your mother tongue). My polish friend is always putting commas before AND after the word "and". It looks really bad in written English.
Random: The australian accent... an amalgamation of old cockney and american... hence why they sound so damn fucking quirky. When I watch australian comedy I'm always sitting there like "you don't need to crack a joke, you had me when you started speaking" LOOLOLOL. I've noticed when listening to australian buddies/people speak... they are prone to having an upward inflection just before the end of their sentences. EG: they start quiet/low pitch build to loud/high pitch and then the final word or two is quiet again. They will be like "yeah (quiet) it was -alright- (inflection) actually." (quiet again)
Did I typo? Did I mess up with some grammar? It's 4:51am and I'm going to bed now so yeah... middle finger!! As for my spellings.. I mix between standard american and british spellings. Depends which one I personally prefer. British English is generically more archaic than American in it's spelling, yet some american pronounciations make no sense what so ever and baffle me. EG: Liquour - listen to that word spoken by an american and then by a brit. Brits say it with a french undertone, Lee-kyuh - americans are basically saying "licker" without even changing the spelling of the word. I do not how anybody in their right mind can pronounce "licker" eg: licker of stamps and "liquor" as in bottle of liquor both as "licker" - the spellings are completely different. In that way, british English is championing. Whereas when it comes to desensitisation or commercialisation, I would prefer to use the american desensitization and commercialization ;)
Interesting read, bro! I knew 7 of the 10 words you posted. But then again "Voluptuous" is the name of a porn magazine they sell around here, so it may not count.
Since you asked whether you've made any typos - "it's spelling" should be "its spelling". It's/its, they're/their and you're/your tend to give a lot of trouble, most likely because they sound almost the same.
About choosing the spelling you like the most in a per-case basis, I do that too.
Resurrection
20.06.11, 06:48
Bitcoin market hacked, crashes to below $0.01 per bitcoin (http://www.theregister.co.uk/2011/06/19/bitcoin_values_collapse_again/)
Huge Bitcoin sell off due to a compromised account (https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback)
LOTS of text
you know we don't reward word count? :P
Resurrection
24.06.11, 05:31
you know we don't reward word count? :P
I think we do Instab,I think we do.
supermarrioh
25.06.11, 15:10
Any progress at the Staff's discussion?
Any progress at the Staff's discussion?
there would be a post here then ;)
but given the latest news it's quite obvious i think
Resurrection
29.06.11, 05:17
Uh oh...supermarrioh is going to kill me for this...
Why Bitcoin Is a Scam - Technology - GOOD (http://www.good.is/post/why-bitcoin-is-a-scam)
In 2009, Satoshi Nakomoto (possibly a real person, possibly a pseudonym for one or more hackers) invented Bitcoin, the first peer-to-peer currency. Bitcoin, which works along the same lines as the Bittorrent network you might use to download movies and music, isn’t the first online currency. Linden Dollars, the unit of exchange in Second Life, are widely traded and regulated by game's maker, Linden Lab. Nakomoto’s innovation was using math-heavy cryptography techniques to create a medium of exchange that doesn’t require a central authority or physical tangibility (like gold) to deter counterfeiters and regulate the money supply.
Each time bitcoins change hands, so does a transaction history encoded in a string of characters. This “hash value” or digest can be decoded by anyone with sufficient computer power and time to devote to the effort. When bitcoins are exchanged, a digest is broadcast to the network of users, a participant does the work of decoding the transaction history, and other users quickly confirm their history is accurate. (The decoders earn a 50-bitcoin bounty for their work.) This happens about once every 10 minutes. Everyone who holds the currency agrees on who owns what, which ensures people can’t copy-and-paste their way to millions or defraud other users without the whole network agreeing that it happened.
In other words, Bitcoin isn’t just a currency, it’s a massive experiment in group trust. It’s also a hint of the financial system to come and, ultimately, a scam.
You probably heard of the digital cash after it was rocked by sudden changes in value. A few weeks ago the value of the bitcoin briefly plunged to negative eight cents to the dollar as hackers crashed exchanges and digitally ransacked electronic wallets to the tune of $9 million. A single victim claims that hackers absconded with some 25,000 of his bitcoins, worth, absurdly, approximately $375,000 at present dollar-to-bitcoin exchange rates.
That’s a crazy amount of money to have stolen by someone essentially copying a file from your hard drive. And that’s just the beginning of what’s happening in the world of Bitcoin, which combines enough hackers, monetary policy cranks, and mysterious Japanese corporations to populate a Neal Stephenson novel.
Bitcoin is a libertarian’s dream come true: a steadily expanding money supply without the state getting in the way of the sweet mechanics of the market. The money changes hands without transaction fees to corporations or government tracking. That’s why Bitcoin’s most ardent supporters are folks like gold-standard advocates and hard-core Wikileaks partisans. As interest in the currency grows, tech-savvy investors have jumped into the mix, speculating with bitcoins and profiting as demand increases; early adopters reaped returns as large as 1,000 or 2,000 percent.
There are nearly 7 million bitcoins sloshing around the Internet, worth over $100 million. Should you jump in the pool? I wouldn’t recommend it.
So far, you can’t buy anything with bitcoins that you couldn’t purchase more easily with cash or a credit card. Despite rumors that Bitcoin was creating an online Hamsterdam where anonymous users could sell drugs and lord knows what else, Bitcoin isn’t truly anonymous unless you’re already taking some relatively advanced anonymity steps. Even then, Internet forensics could likely track you down.
More problematically, the economics don’t quite work. Currencies are most valuable when lots of people trust and use them frequently. But PayPal has refused to convert bitcoins to cash, and major exchanges like MtGox have fallen to hackers. A currency that you can’t convert into anything else isn’t worth, well, anything.
But the biggest problem is that, despite its anarchic design, the system presents a huge opportunity for big fish to take advantage of the Internet everyman. Ben Laurie, a respected web security expert and cryptographer, makes a compelling case that Bitcoin won’t work because it accrues such a huge advantage to people who can bring the most computing power to bear on clearing transactions. “I mean, it’s nice for the early adopters, so long as new suckers keep coming along,” he concludes. “But in the long run it’s just a pointless waste of stuff we can never get back.”
Most worrisome is the opportunity for collusion: If any single person or group controlled a majority of computing power in the network, they could rewrite the transactions to take your money. Bitcoin relies on the growth of the network to outpace any single node’s ability to control the bulk of the processing power, but one mining collective, deepbit, currently clears more than a third of all transactions. Already, hackers have used botnets, online networks of computers, to increase their ability to process transactions and mine bitcoins.
These dynamics make watching Bitcoin a lot like watching monetary history in fast-forward. Timothy B. Lee, a tech journalist, paints a convincing scenario in which Bitcoin nodes band together to seize control of the network, becoming the equivalent of online banks as they provide transaction services to everyone else. And if those banks get together to regulate the supply of money, well, that’s where central banks come from.
Ultimately, all money is based on trust. Aside from the folks who prefer to base the value of their assets on the hard work of Russian gold miners, most Americans trust dollars because we have some sense that the U.S. government isn’t going anywhere and is somewhat accountable to us. It’s hard to trust a monetary system concocted and managed by anonymous hackers who aren’t answerable to anyone.
Bitcoin still offers a glimpse of a future in which the dollar is digitized: No more wasted money printing paper and coins, and instead of stimulating the economy with handouts to banks, the government could just download money onto your USA Cash Card. But we won’t want to cede control of our future currency to profit-seeking financial companies (the main advantage of Bitcoins today is their fee-free exchange) or give the government any more ability to track our purchases than they do with cash. We’ll want a decentralized peer-to-peer monetary system that combines the advantages of Bitcoin with the purchasing power of the dollar.
Assuming, of course, that the dollar has any purchasing power left by the time we want to digitize it.
supermarrioh
29.06.11, 13:43
Youre right, Bitcoins arent established and its quite possible that the whole currency will crash epic. But the main Problem is that they arent used that often so there is no real worth. A currency lives from its acceptance and use in Trades for goods and services. As we use it, we strengthen it and ensure its value. And Imho Bitcoin is not a currency that will be used for real goods, the Drug-Thing is just a niche. It will mainly be a currency for virtual values. Virtual Currency -> Virtual goods.
GymTanAndLaundry
05.07.11, 04:18
Youre right, Bitcoins arent established and its quite possible that the whole currency will crash epic. But the main Problem is that they arent used that often so there is no real worth. A currency lives from its acceptance and use in Trades for goods and services. As we use it, we strengthen it and ensure its value. And Imho Bitcoin is not a currency that will be used for real goods, the Drug-Thing is just a niche. It will mainly be a currency for virtual values. Virtual Currency -> Virtual goods.
Convert bitcoins to high level WoW accounts with rare items > convert accounts to real money > WIN
Bitcoin provider should have cheated millions of customers
With the promise of a digital asset an online exchange on the Internet has lured many customers. But suddenly the side of the net - and the judicial power on. The victims have little hope of ever seeing their money. On Facebook, there was a chase.
They had given him their trust - and a lot of money. And now, as both is gone, they have opened the hunt for him: Approximately 100 customers cheated of 24 Bitcoin, a digital exchange platform for digital coins have already teamed up on Facebook. The initiator of the group has released there whereabouts of the wanted suspects, with the call: "Bloodhounds, makes you to look!"
At the State Office of Criminal Investigation in Berlin there is already a complaint against the operator of the platform - due for goods and fraud. A German bank has filed a complaint. There they had become suspicious because of the unusual movements in the account: Within a short time exceptionally large sums were paid into the account - and then the owner also wanted to exceptionally stand out much cash at ATMs.
More than seven million euros, the operator of the exchange market has recently bragged in internet forums that he had taken. He has deposited with a Polish bank, another with a German bank a part of it.
Company with headquarters in England
What has lured many to this swap meet, was probably above all, their own greed. Bitcoins are a currency that is created and traded on the Internet . The digital coins are the result of a complex calculation process. There are encrypted data packets. The amount of Bitcoins is limited technically to 21 million. Therefore it is now, in times of crisis and the euro inflation fears, some as a last refuge for his fortune. In the meantime, the Bitcoin listed at $ 266th In the past week, the price crashed to $ 60. For some days he is approximately $ 90th
Of the known filesharing ruled a large crowd in recent days. If you register there to trade Bitcoins is only checked once. This can sometimes take several days. In a few days, so many attended, but can also the price of Bitcoins continue to rise. Those who lost patience, went to 24 Bitcoin There you promised to handle the transaction quickly. A transfer to a Polish account later to a German account, enough - and the Bitcoins are a credited on the platform for free.
That the company that operated the digital exchange market, had its headquarters in faraway England, which could have a naturally suspicious. But who wants to spend a long time with formalities These kinds? A little bit of risk we leave it.
Quelle: Google Translate (http://translate.google.com/translate?sl=de&tl=en&u=http%3A%2F%2Fwww.sueddeutsche.de%2Fdigital%2Fint ernettauschboerse-bitcoin-anbieter-soll-kunden-um-millionen-geprellt-haben-1.1652723)
org. Bitcoins: Anbieter soll Kunden geprellt haben - Digital - Süddeutsche.de (http://www.sueddeutsche.de/digital/internettauschboerse-bitcoin-anbieter-soll-kunden-um-millionen-geprellt-haben-1.1652723)
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