bit¢oin$

makin beaniecoin like heinz

http://www.wired.com/business/2014/02/rise-fall-rise-patrick-byrne

“Someday, either zombies walk the Earth or something close to that,” says Byrne, the son of the man who built the GEICO insurance empire, Jack Byrne, and a protege of Warren Buffet, the most successful investor in the history of Wall Street. “Bitcoin is the solution.”

https://www.youtube.com/watch?v=QhIz2Dz_KEE

Kinda feel bad for Rich :\

This is kinda like watching Hanson come back in 2009 ;(

http://i.imgur.com/NxLpcL2.gif

“Someday, either zombies walk the Earth or something close to that,” says Byrne, the son of the man who built the GEICO insurance empire, Jack Byrne, and a protege of Warren Buffet, the most successful investor in the history of Wall Street. “Bitcoin is the solution.”
― PSY talks The Nut Job (forksclovetofu), Wednesday, February 12, 2014 9:04 AM (11 hours ago) Bookmark Flag Post Permalink

this needs to be imprinted on every bitcoin

The problem with the modern economy, Byrne says, is that it rests on the whims of our government and our big banks, that each has the power to create money that’s backed by nothing but themselves. Thanks to what’s called fractional reserve banking, a bank can take in $10 in deposits, but then loan out $100. The government can make more dollars at any time, instantly reducing the currency’s value. Eventually, he says, laying down a classic libertarian metaphor, this “magic money tree” will come crashing down.

idg how you can be smart enough to run a giant company but stupid enough to believe stuff like this

like theyre both money things

lol nm

idg how you can be smart enough to run a giant company but stupid enough to believe stuff like this

― lag∞n, Wednesday, February 12, 2014 9:10 PM Bookmark Flag Post Permalink

otm

i mean not just from a corporate background but from an insurance background which I think of as a financially sophisticated business

isnt the essence of bitcoin a bunch of people making up money out of thin air

*_*

http://i.imgur.com/icUA8Bi.png

welp silk road 2 just got hacked

http://www.deepdotweb.com/2014/02/13/silk-road-2-hacked-bitcoins-stolen-unknown-amount

Maybe not hacked after all, see update 2.

crazy how all these places keep getting "hacked"

btw if you want a reliable place to buy drugz come to my new silk road three it is reliable i am not planning on stealing your btcoins at all why would u even think that damn man that hurts my feelings

do nerds have a real tough time finding drug dealers or something, i mean it's not the hardest thing in the world to do

Maybe not hacked after all, see update 2.

lol yeah anytime something gets "hacked" in the bitcoin world it's generally code for "the admins ran off with everyone's money because there's no recourse"

http://i.imgur.com/GNqe8bp.jpg

lulz

occupy silk road

omg

irl

do nerds have a real tough time finding drug dealers or something, i mean it's not the hardest thing in the world to do

― Clay, Friday, February 14, 2014 3:00 AM (3 days ago) Bookmark Flag Post Permalink

a lot of nerd innovation comes from the desire to not leave the house

otm

we just need denser cities then delivery service will flourish like in ny

http://www.thecrimson.com/article/2014/2/20/harvard-odyssey-dogecoin/

lol

mt gox deleted all of their tweets?

Dan ‏@dankmtl 6m
thank god I had all my bitcoins stored in the Digital Beanie Baby Exchange, not in the Magic the Gathering one

http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

whoa!

wow
choice quote (of many): Regardless of malleability and regulatory issues, MtGox's main problems are massive robbery and poor bitcoin accounting.

Seems it could be fake? Idk

the price is plummeting:

https://bitcoinity.org/markets

whee, frefall

haha how r they trading them

http://i.imgur.com/W8OIFHF.png

there are a bunch of bitcoin exchanges, xp

https://bitcoinity.org/markets/bitstamp/USD

panic

my thoughts are with roy hibbert right now

i dont get how your bitcoins can be "trapped" in mt gox? doesnt everyone have like their own computerized or paper "wallets" where they store them? or the codes to them or wtv?

you have to deposit them into mt gox to use the service then they steal them from u

http://www.theverge.com/2014/2/25/5445350/a-botnet-powered-crime-ring-is-stealing-bitcoin-wallets

what a beautiful dystopia

freedom is free

so mt gox stole 6% of all bitcoins lol

Taking Gox Mountain (By Strategy)