Bitcoin

[OttoMatik]

Yeah figured you guys had talked about this, not really up to date with a lot of things.
I do have an AMD Radeons 6950 though with like 2gigs of ram @ 800mhz clock or something, if that's not good enough to mine in a pool then fuck this lol.

Also, EliteLennon117 bigups on your youtube channels.

[OttoMatik]

search function once again goes unused.

Just lock the thread then, sorry I'm tired and was talking to my friend about this. Ignorance on my part.

[incnic]

Yeah figured you guys had talked about this, not really up to date with a lot of things.
I do have an AMD Radeons 6950 though with like 2gigs of ram @ 800mhz clock or something, if that's not good enough to mine in a pool then fuck this lol.

Also, EliteLennon117 bigups on your youtube channels.

soryr mate that is bawscially useless

[dickman69]

How do i make $€£¥

(actually no ¥ theyr too little)

[OttoMatik]

Yeah figured you guys had talked about this, not really up to date with a lot of things.
I do have an AMD Radeons 6950 though with like 2gigs of ram @ 800mhz clock or something, if that's not good enough to mine in a pool then fuck this lol.

Also, EliteLennon117 bigups on your youtube channels.

soryr mate that is bawscially useless

Alright haha, thanks for saving me some time and disappointment Will just get a job this summer.

[EliteLennon117]

WE'RE ALL MY CASH NIGQAS AT

[lowphat]

http://www.dubstepforum.com/viewtopic.php?f=7&t=270544

[deadly_habit]

How do i make $€£¥

(actually no ¥ theyr too little)

Do what I do import Japanese video games in bulk and resell them, you're right about ¥ being cheap though. The shipping can be a bitch which is why you want to order in bulk.

[test_recordings]

DVDs are also the same region as the UK if you want to try that.

The ￥'s going to get even cheaper as well in the not so far future

[deadly_habit]

DVDs are also the same region as the UK if you want to try that.

The ￥'s going to get even cheaper as well in the not so far future

I just go after the stuff specialty shops tend to sell.
It's amazing if you buy directly from Japan compared to what people try to, and do sell for in english based store fronts and ebay.
A game that I pay maybe $0.20 for can go for a markup of 2000-5000%
The only downfall is like I said shipping.

[incnic]

they are stimulatoing hard
their ecomony

[hugh]

you mean they are inflating it to fuck and destroying it

[test_recordings]

They're going for pull-inflation, the government told major businesses to raise employees pay... and they actually are, by increasing the twice-yearly bonuses pretty much every Japanese company gives out. It's to stop the deflationary cycle they have...

Can you imagine the UK doing that? Actually raising people's wages

[deadly_habit]

And the US government has seized a Mt. Gox payment processing account and has issued a warrant to shutdown Dwolla.
http://rt.com/usa/bitcoin-exchange-seiz ... egins-334/

[Phigure]

no, they're not shutting down dwolla. all they did was seize mt gox's dwolla account because mt gox failed to register as a money exchange service when they opened their bank account. all organizations of this nature have to do that (paypal, western union, etc), so the seizure isn't really surprising or disconcerting

it'll be interesting to see the effect it has on the market though. i imagine it's a pretty huge loss of liquidity on mt gox's part

[alphacat]

[deadly_habit]

no, they're not shutting down dwolla. all they did was seize mt gox's dwolla account because mt gox failed to register as a money exchange service when they opened their bank account. all organizations of this nature have to do that (paypal, western union, etc), so the seizure isn't really surprising or disconcerting

it'll be interesting to see the effect it has on the market though. i imagine it's a pretty huge loss of liquidity on mt gox's part

Yea what I said was a bit misleading and assumption of all ducks in a row, it was disconcerting since it essentially put a standstill on Mt Gox, and liquidating bitcoin to dollars via dwolla.
It seems like typical legal obscurity bs while they build a bigger case.

[Phigure]

yeah i don't doubt that there's some sort of a higher plan behind it. to be honest though, mt gox is a pretty shitty exchange, so even if they do end up getting legally fucked, it's not all that bad. during that big bitcoin boom weeks ago, they had order processing delays of several hours. if a different, better exchange becomes dominant, i think it'll only be a good thing

[deadly_habit]

Yea like I said Bitcoin and mainstream awareness have become the problem, never used Mt Gox, but it is the first you'll come across if new to it.
Time will tell what happens with it. The media attention has def put it on the government's radar even if just to pursue petty matters like they have over Mt Gox and Dwolla.

[wub]

http://www.forbes.com/sites/andygreenbe ... silk-road/

FBI Says It's Seized $28.5 Million In Bitcoins From Ross Ulbricht, Alleged Owner Of Silk Road


The Silk Road made a small fortune during its two and a half years as the web’s biggest anonymous black market for illegal drugs. As of Friday, at least one $28.5 million chunk of that fortune now belongs to the FBI.

An FBI official tells me that the bureau has located and seized a collection of 144,000 bitcoins, the largest seizure of that cryptocurrency ever, worth close to $28.5 million at current exchange rates. It believes that the stash belonged to Ross Ulbricht, the 29-year-old who allegedly created and managed the Silk Road, the popular anonymous drug-selling that site was taken offline by the Department of Justice after Ulbricht was arrested earlier this month and charged with engaging in a drug trafficking and money laundering conspiracy as well as computer hacking and attempted murder-for-hire.

The FBI official wouldn’t say how the agency had determined that the Bitcoin “wallet”–a collection of Bitcoins at a single address in the Bitcoin network–belonged to Ulbricht, but that it was sure they were his. “This is his wallet,” said the FBI official. “We seized this from DPR,” the official added, referring to the pseudonym “the Dread Pirate Roberts,” which prosecutors say Ulbricht allegedly used while running the Silk Road.

The FBI official pointed me towards this Bitcoin address, which according to the public Bitcoin transaction record known as the “blockchain” received transfers of close to 144,000 in just the last 24 hours. “They finished moving them at 3am this morning,” said the official.