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Handicapper
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Raiders. When do you think it's a good time to invest in more BC?

I have like 8.6 bc at an average over over $600 right now.

Should I buy more?
 

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Good quote.

There is a youtube video that discusses this a bit, I believe. It was a symposium at Stanford with a panel containing Fred Ehrsam, the co-founder of Coinbase, a lawyer, a CIA guy and a selection of some other characters. The input from the CIA guy and the lawyer on this developing blockchain technology is what you might expect from a caveman discussing the intricacies of the physics of rocket science. However, no offense to those gentlemen as they are probably acclaimed experts in their fields.

It is a new age and a new world. This technology is breathtaking and groundbreaking. The future of bitcoin may be uncertain, but the staying power of this technology will not be denied.
 

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Raiders, if you hear back from Coinbase regarding the banning, please let us know.
 

Rx. Senior
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Raiders. When do you think it's a good time to invest in more BC?

I have like 8.6 bc at an average over over $600 right now.

Should I buy more?
I have no opinion on whether to buy or sell right now. I was investing and day trading crypto-currencies for a while but now just use bitcoins to bet at sportsbooks.
 

Rx. Senior
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Good quote.

There is a youtube video that discusses this a bit, I believe. It was a symposium at Stanford with a panel containing Fred Ehrsam, the co-founder of Coinbase, a lawyer, a CIA guy and a selection of some other characters. The input from the CIA guy and the lawyer on this developing blockchain technology is what you might expect from a caveman discussing the intricacies of the physics of rocket science. However, no offense to those gentlemen as they are probably acclaimed experts in their fields.

It is a new age and a new world. This technology is breathtaking and groundbreaking. The future of bitcoin may be uncertain, but the staying power of this technology will not be denied.
That's funny and all too true...... I agree that electronic currencies are here to stay whether it's bitcoin or an improvement.
 

Oh boy!
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Best to use Localbitcoins, Circle or Trucoin, Then transfer bitcoins to a wallet such as blockchain.info. Coinbase shuts down accounts suspected of gambling.

I'm not sure how they can come to that conclusion without knowing the bitcoin addresses of the sportsbooks.

I have 2 wallets in my multibit program. One wallet is used to download from coinbase.com. I then send the BTC to my 2nd wallet. I use that wallet to upload to BTC gambling sites.

Yes, it would be possible for coinbase.com to trace my BTC flow but I haven't had any problems with them. I've only had maybe 5 deposits to BTC books.
 

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This may be a simple question, but I thought I'd put this out there. I'm new to this. The price volatility of BTC is quite appealing. For those who trade in this violent movement climate on BTC fluctuations, how do you go about it? What, how, where?

Further, can you get at this in some way by using a traditional online account such as Scottrade?


On the 13th, down 15%.
On the 14th, down 21%.
On the 15th, up 18%.

The daily range is like a wild woman being unleashed into a shopping mall. Top that off by amplifying it with margin, and you're looking at some great excitement!
 

Rx. Senior
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This may be a simple question, but I thought I'd put this out there. I'm new to this. The price volatility of BTC is quite appealing. For those who trade in this violent movement climate on BTC fluctuations, how do you go about it? What, how, where?

Further, can you get at this in some way by using a traditional online account such as Scottrade?


On the 13th, down 15%.
On the 14th, down 21%.
On the 15th, up 18%.

The daily range is like a wild woman being unleashed into a shopping mall. Top that off by amplifying it with margin, and you're looking at some great excitement!

i was day trading at http://btc-e.com/ and https://www.cryptsy.com/
 

Rx. Senior
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I have 2 wallets in my multibit program. One wallet is used to download from coinbase.com. I then send the BTC to my 2nd wallet. I use that wallet to upload to BTC gambling sites.

Yes, it would be possible for coinbase.com to trace my BTC flow but I haven't had any problems with them. I've only had maybe 5 deposits to BTC books.
which books do you play at?
 

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Interesting, Raiders. Thanks for the information.

The more I think about it, I'd have to guess that Coinbase wouldn't go
as far as tracing transactions that are out the door. Kind of like if you go into a restaurant and the hostess says to you, "Hey, where are you bringing that cash from? I don't know if we can accept it?"
 

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BTC price currently:
(01-18-2015, 10:06 PM)

215.62 - Jan 18, 2015 ** Total BTC - 13,739,925 ** Market Cap - $2.957B


Right now:

281.36 - Jan 18, 2015 ** Total BTC - 13,762,975 ** Market Cap - $3.872B

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I would presume this is in anticipation of Coinbase opening the first US-based bitcoin exchange on Monday. And following their raising of $75 million cash.

Coinbase currently has 56 employees.
 

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