12-07-2013, 09:11 PM
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#401
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Powerplay Quarterback
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Bitcoins
Quote:
Originally Posted by JohnnyB
An immediate result of the Chinese government's decision was the requirement to submit ID numbers (passport, national ID card etc.) in order to trade. Not as appealing for secretly moving money around anymore.
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Exactly. Th government has effectively banned and neutered the currency in the only country it was really used in.
I've sold what little mining gear i had accumulated this weekend. I have a feeling this is the beginning of the end.
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12-07-2013, 09:38 PM
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#402
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Atomic Nerd
Join Date: Jul 2004
Location: Calgary
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Quote:
Originally Posted by JohnnyB
An immediate result of the Chinese government's decision was the requirement to submit ID numbers (passport, national ID card etc.) in order to trade. Not as appealing for secretly moving money around anymore.
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How can they control this in private exchanges?
It's only BTC China that has voluntarily started asking for ID when logging in and users have reported that it accepts any random combination entered.
Last edited by Hack&Lube; 12-07-2013 at 09:41 PM.
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12-07-2013, 09:39 PM
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#403
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Atomic Nerd
Join Date: Jul 2004
Location: Calgary
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The last bubble burst as a comparison
Last edited by Hack&Lube; 12-08-2013 at 05:16 PM.
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The Following User Says Thank You to Hack&Lube For This Useful Post:
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12-08-2013, 05:38 AM
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#404
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Franchise Player
Join Date: Mar 2006
Location: Shanghai
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Quote:
Originally Posted by Hack&Lube
How can they control this in private exchanges?
It's only BTC China that has voluntarily started asking for ID when logging in and users have reported that it accepts any random combination entered.
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They don't need to control private exchanges to sway the market.
I don't pretend to know the future, but big business in China tends to follow the government. Baidu and China Telecom have both stopped offering any sales of goods or services using bitcoins.
__________________
"If stupidity got us into this mess, then why can't it get us out?"
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12-08-2013, 05:15 PM
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#405
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Atomic Nerd
Join Date: Jul 2004
Location: Calgary
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BTC staging a good comeback from it's $600 low. It's back above $800. It might be the "return to normal" in the image I posted regarding the bubble pattern peaks however and this might be the precursor to the big dip.
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12-09-2013, 08:46 AM
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#406
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First Line Centre
Join Date: Nov 2007
Location: Airdrie, Alberta
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I'm messing around with mining altcoins and have just been using a second card in my home PC. I would like to just run a separate rig so I'm looking for some parts and I thought I would check here first.
I'm looking for a mobo that can support 2-3 cards with CPU and Ram and maybe a power supply. Let me know if you have anything lying around you want to get rid of or sell before I head to MemX after work to pickup something.
Thanks
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12-09-2013, 10:18 PM
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#407
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#1 Goaltender
Join Date: Oct 2011
Location: Perth Australia
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Christopher Hindle @HindlesKitchen 9m
Apple is removing Bitcoin apps from the App Store because it wanted to create a digital iTunes currency of its own...
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The Following 2 Users Say Thank You to J Diddy For This Useful Post:
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12-10-2013, 09:51 PM
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#409
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#1 Goaltender
Join Date: Oct 2011
Location: Perth Australia
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Check coinmap.org for a map of businesses accepting bitcoin. There may be businesses distributing it as well.
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12-10-2013, 10:03 PM
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#410
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Franchise Player
Join Date: Dec 2012
Location: On your last nerve...:D
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Alberta woman willing to trade $1-million property for Bitcoins
Quote:
A $1-million acreage on the outskirts of Red Deer, Alta., has become the largest property in Canada yet to be offered up for Bitcoins, the digital currency unregulated by any country or central bank.
Located at 37546 Gasoline Alley on the outskirts of Red Deer, the 1.3 hectare property includes a four-bedroom, two-bathroom home complete with greenhouse, a secret room accessible via a walk-through closet and a private forest.
“Owner will take Bitcoin on trade!” reads the property’s Tuesday listing.
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12-11-2013, 10:22 AM
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#411
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Atomic Nerd
Join Date: Jul 2004
Location: Calgary
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Quote:
Originally Posted by J Diddy
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They've been open for almost 2 months. Dave wanted over $25,000 for their Jupiter. Interesting crowd over there. Always a bunch of interesting folk off the street asking questions or trying to buy random crytocurrencies to day trade with.
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12-12-2013, 06:15 PM
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#412
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#1 Goaltender
Join Date: Oct 2011
Location: Perth Australia
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Has anyone been verified by VirtEx lately? I have been waiting since Nov 22nd.. still no replies to any of my emails or calls. I'm extremely frustrated.
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12-13-2013, 07:41 AM
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#413
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Franchise Player
Join Date: Nov 2006
Location: Supporting Urban Sprawl
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Quote:
Originally Posted by Miniac
Has anyone been verified by VirtEx lately? I have been waiting since Nov 22nd.. still no replies to any of my emails or calls. I'm extremely frustrated.
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From https://www.cavirtex.com/announcements
Quote:
Dec. 12, 2013, 4:54 p.m. - Verification and Customer Service Update - Dec 12 2013
Total number of verifications outstanding: 1382
Date range we are working on:Nov 27 Dec 2 2013
Number of staff working: 12 fulltime, 9 part-time
Verifications completed today: 40
Verifications missing info and put into waiting: 54
Outbound Phone Verification calls made: 78
Customer service tickets outstanding: 1104
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Looks like you might fall into this category, since they seem to be working on Noz 27-Dec2
__________________
"Wake up, Luigi! The only time plumbers sleep on the job is when we're working by the hour."
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12-13-2013, 10:35 AM
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#414
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#1 Goaltender
Join Date: Oct 2011
Location: Perth Australia
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Maybe but I didn't any notification that I have missing info or put into waiting.
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12-15-2013, 03:19 PM
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#416
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Crash and Bang Winger
Join Date: Feb 2012
Location: Calgary
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Quote:
Originally Posted by Miniac
Has anyone been verified by VirtEx lately? I have been waiting since Nov 22nd.. still no replies to any of my emails or calls. I'm extremely frustrated.
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I was lucky enough to get verified a couple weeks ago, but their huge delay actually made me to go vaultofsatoshi.com instead, which also allows you to exchange LTC and PPC. From what I've heard, these guys have some pretty big ideas they'd like to implement soon.
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12-16-2013, 06:45 PM
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#417
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#1 Goaltender
Join Date: Oct 2011
Location: Perth Australia
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Quote:
Originally Posted by MrCallahan
I was lucky enough to get verified a couple weeks ago, but their huge delay actually made me to go vaultofsatoshi.com instead, which also allows you to exchange LTC and PPC. From what I've heard, these guys have some pretty big ideas they'd like to implement soon.
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Thanks, I'll check that out. I got verified finally but know I have issues transferring money because I'm with TD...
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The Following User Says Thank You to woob For This Useful Post:
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12-18-2013, 10:00 AM
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#420
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Franchise Player
Join Date: May 2002
Location: Virginia
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Quote:
Originally Posted by Kelekin
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There is nothing convincing about that article. It's just a bunch of ideology without any real arguments to back it up. And, if you don't understand my argument, it is because you are stupid, is not a valid argument. It is hard to think that there is a long term future for a currency that is so volatile. And until some kind of critical mass can live completely in bitcoin (ie, pay their bills, earn their income, invest, buy cars and houses...), then the value as compared to real currencies does matter. There may be a future at some point for some kind of crypto currency, but it will have to have some controls for volatility for it to be sustainable.
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