The Bitcoin Thread

BOOM

 

I guess derivatives were too safe so they had to risk other peoples money on something even more vague...

 

Wall Street.
Virtual money.
Wealth in the ether.
This should end well.

 

More bitcoin thefts

https://bitcointalk.org/index.php?topic=83794.0

 

I'll trade it when I see it on the FOREX.

 

God damn it! I've been wanting to short the stupid thing, then it goes and crashes before I figure out how to do it. Bitcoin is fucking stupid. What's the point other than for drugs / arms dealers and money launderers?

 

You Rang?

Tell me about it, the whole thing sounds extremely 'tarded...

 

Shhh. You're dissin' an important part of the 'conomy.

 

That's what the CIA is for.

 

Isn't that the same currency they used in Ultima Online?

 

Happy Trading.

Seriously though, there are overseas brokers that offer it and a couple of other virtual currencies.

I don't trust it. Bitcoins are modern day tulips.

 

Hookers.:up:

I'm sure the regular beebers will post a link to the story in the not so distant future.

 

+1 (and will bet several bitcoins on it)

 

What exactly are you betting on? I know a guy that's got several to bet.

 

You are now a BBS'er

 

Full fledged! Been on the couch w/ the flu since Thursday

 

$110 million that it won't end well, then double or nothin on the stolen bitcoins being recovered.

As they say, Never bet more than your server farm can handle.

 

I'd take that bet. BTC being stolen from shoddy third party websites has nothing to do with the blockchain itself. That isn't a BTC issue, it's an issue of stupid people trusting shoddy websites with no security to hold their coins. If you don't protect/hide your coins they will be stolen. If you don't protect/hide your cash it will be stolen. It's really not rocket science. That said, I'm sure it will be surpassed by some other up and coming currency, but as far as BTC failing, not gonna happen.

 

POW!
http://www.wired.com/wiredenterprise/2013/12/china_crackdown/