BITCON... WHY its totally FLAWED

Discussion in 'Digital Currencies' started by 1for1, Aug 6, 2012.

Page 95 of 106
  1. pro$pector

    pro$pector New Member

    Joined:
    Mar 14, 2012
    Messages:
    704
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    Nope, not yet. :D
     
    pro$pector, Oct 24, 2013
    #1881
  2. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Just put in my set&forget sell order at $258 USD (equivalent). If it goes overnight, yay, if not, will wait and see what tomorrow brings.

    Seems to be stuck on $228-230 for a while though - could be a lot of people are using $230 as a profit-taking level.
     
    goldpelican, Oct 24, 2013
    #1882
  3. pro$pector

    pro$pector New Member

    Joined:
    Mar 14, 2012
    Messages:
    704
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    I'm watching the 15m charts like a hawk and $235 is the issue...if it clears that and then $240 could be game on for a new all time high.
     
    pro$pector, Oct 24, 2013
    #1883
  4. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Are you checking the USD chart?
     
    Phiber, Oct 24, 2013
    #1884
  5. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    A bit of a drop!
     
    Phiber, Oct 24, 2013
    #1885
  6. pro$pector

    pro$pector New Member

    Joined:
    Mar 14, 2012
    Messages:
    704
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    Well isn't this fun!

    Gox drops to $186 and I had a buy at $185... :(
     
    pro$pector, Oct 24, 2013
    #1886
  7. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    I just dumped 25 BTC at $198 USD elsewhere - there was no telling when that was stopping!
     
    goldpelican, Oct 24, 2013
    #1887
  8. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Frustration!
     
    Phiber, Oct 24, 2013
    #1888
  9. Silver Pauper

    Silver Pauper Member

    Joined:
    Sep 10, 2012
    Messages:
    216
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    Sorry to break the rhythm of this thread... but after reading many of the 87 pages of this thread, plus other threads on Bitcoin and various websites, I still have no clue how to use Bitcoins or even own any.

    Could someone post a simple how-to or tutorial how to buy, sell and own Bitcoins including the software or apps needed for PC, MAC, Android and iOS.

    I have known about Bitcoin since the early days and looked at using it as an alternative to Paypal for online transactions, but I ended up putting in the too hard basket. In hindsight I should have persisted since at that time Bitcoins were about $3 from memory.

    Unfortunately this Luddite still has not been able to figure out how to use Bitcoins and it seems to become only more and more complicated as the currency matures. So just a simple shove in the right direction would be greatly appreciated.
     
    Silver Pauper, Oct 24, 2013
    #1889
  10. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Coinjar still @ $208?
     
    RetardedMonkey, Oct 24, 2013
    #1890
  11. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Someone just broke it again.

    Lots of arbitrage opportunities - if the network will confirm transfers in a timely fashion!
     
    goldpelican, Oct 24, 2013
    #1891
  12. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    i sense your buy in opportunity is in the next 10 mins, 25% loss in progress....
     
    dozerz, Oct 24, 2013
    #1892
  13. pro$pector

    pro$pector New Member

    Joined:
    Mar 14, 2012
    Messages:
    704
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    I'm rebuying $180 Gox and just got my BTC-E filled at $166.

    If you're in it to make BTC not fiat its a fun game right now!



    Good luck there with BTC, move to XPM trading if you want to play arbs with fast confirms.
     
    pro$pector, Oct 24, 2013
    #1893
  14. pro$pector

    pro$pector New Member

    Joined:
    Mar 14, 2012
    Messages:
    704
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    double post
     
    pro$pector, Oct 24, 2013
    #1894
  15. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    start with some youtube tutorials, contact the exchanges listed in this thread like coinjar to buy your first bitocins. research setting up a wallet or use the online blockchain.info service. google is your friend :)
     
    dozerz, Oct 24, 2013
    #1895
  16. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Way too much tech-rooting around for me.

    Nearly as hard as Candy Crush Saga. :p
     
    Eureka Moments, Oct 24, 2013
    #1896
  17. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Just sold 10 at $254 AUD :eek:
     
    goldpelican, Oct 24, 2013
    #1897
  18. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    nice, and again it rises.... well done to the $160 buyers :)
     
    dozerz, Oct 24, 2013
    #1898
  19. Silver Pauper

    Silver Pauper Member

    Joined:
    Sep 10, 2012
    Messages:
    216
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia
    I spent nearly two days of spare time trying to figure this thing out and either I just a complete idiot(highly possible) or this is over complicated. I can code HTML, CSS, and PHP, but I have not been able to get a handle on how Bitcoins work. I even got my son who is a computer geek to help me and after a few hours told me he could not be bothered.

    I googled myself silly, visited a dozen or so Bitcoins site, then there is Litecoins as well... would be nice if someone would do a Bitcoins for Dummies for the forum... just asking...
     
    Silver Pauper, Oct 24, 2013
    #1899
  20. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Crazy inconsistencies between the markets - crashing on mtgox, yet someone bought $100k+ at $254 AUD on BTCmarkets. Guess they weren't watching the other charts :/
     
    goldpelican, Oct 24, 2013
    #1900
Page 95 of 106

Share This Page