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  1. Earthjade

    Possibly of interest: China Bans Companies from Bitcoin Transactions

    HA HA HA ! That's genuinely funny! I've never seen silver on its worst days look like that!
  2. Earthjade

    Possibly of interest: China Bans Companies from Bitcoin Transactions

    I'm pretty sure the Bloomberg article's title is MISLEADING. Could be someone had a vested interest in smashing the price of Bitcoin down because it doesn't seem to me as though China has "banned" anyone from doing anything, just making a warning that there are risks.
  3. Earthjade

    Possibly of interest: China Bans Companies from Bitcoin Transactions

    However, this is what Reuters reports: (Reuters) - China's central bank warned on Thursday that financial institutions should not trade the digital currency bitcoin, saying that while it does not yet pose a threat to China's financial system, it carries risks. The central bank also said in a...
  4. Earthjade

    Possibly of interest: China Bans Companies from Bitcoin Transactions

    Want to know why Bitcoin suddenly took a kamikaze nosedive this evening? China's central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country...
  5. Earthjade

    Bitcoin creator

    Silver? BWA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA! Stop it...you're killing me!
  6. Earthjade

    BITCOIN - Greenspan doesn't get it

    In that article: But don't expect governments and banks to let Bitcoin take over so easily. Financial institutions will lose business if people stop using their payment systems, and central banks like the U.S. Federal Reserve would lose their ability to help slow and speed up economic...
  7. Earthjade

    Australia No Longer Has a Debt Ceiling

    I'm disappointed sometimes at the wilful ignorance displayed on these boards by people who have their heads so stuck up their ideological arses that they don't understand something very very simple: 1) Currency that is backed by nothing is a ponzi scheme. 2) New dollars are created when people...
  8. Earthjade

    Bill Still (Money Masters) Promoting Quark Coins

    I bought my QRK from both Bter and Cryptsy. With Bter I found I had to log in with almost every mouse click, which was annoying. Also, I exchanged BTC for QRK but the system would sometimes think I still had all my BTC and sometimes register that I had bought the QRK. In the end, I successfully...
  9. Earthjade

    Bill Still (Money Masters) Promoting Quark Coins

    Well, I've put 2 BTC into QRK tonight. It could crash and I lose or it could be one of the smartest things I've ever put money on. I've read what little material there is about Quark and it seems sound. But what I have to remember about the crypto markets is that THEY DON'T MAKE SENSE. People...
  10. Earthjade

    BTC-e troubles on the horizon?

    I can tell you that last week I sent an international money transfer to BTC-E for $2000 USD on 28 November to my trading account. $1915 was credited to my BTC-E account on 2 December. No explanation on where that missing $35 went (BTC-E chargea a $20 fee to deposit $2000 and Aussie bank takes...
  11. Earthjade

    Tulips by Gonzalo Lira - Get Out of BTC Whilst The Getting's Good.

    The concept of crypto-currencies is sound - it's bittorrent for money. I'm not sure if Bitcoin is "the one", but this will change how finance has been done for the past century. For those saying Bitcoin has no intrinsic value because it's digital when compared to gold, that's akin to saying an...
  12. Earthjade

    Joe Hockey - a Clown or debt-cyborg gone rogue?

    Give it a few years and we'll be at near zero interest rates as well. The economy will start tanking and hopefully, the real estate market will fall on its arse. Debt will climb up regardless of who is in power. I have to shake my head at the people in this thread arguing so passionately for...
  13. Earthjade

    Tulips by Gonzalo Lira - Get Out of BTC Whilst The Getting's Good.

    It's funny you keep hauling out that chart. Compare it to the current Bitcoin chart and how can you not see we are probably in the "bull trap" phase? There are a lot of people here that would have loved to have sold their silver when it was over $40 and ounce. Better to get out now and come back...
  14. Earthjade

    Fontas (fontase) Next Pump and Dump (Alt - Coins) Bitcoin

    Trust Retarded Monkey. He remembers that abortion of a pump well!
  15. Earthjade

    Fontas (fontase) Next Pump and Dump (Alt - Coins) Bitcoin

    PPC TO DA MOON Am I doing it right?
  16. Earthjade

    Hyperdeflation

    ^ China has always been a powder keg. They are so opaque in their financial dealings and corruption is rife. I wouldn't be surprised if the debt bomb is even greater than that.
  17. Earthjade

    BitCoin Future Prices

    Well, I personally wouldn't buy so close after a major drop - good chance it's going to drop further.
  18. Earthjade

    Prediction

    Well, I've been on the sidelines for a week, waiting for the drop and pumping my trading accounts with money. Still hasn't dropped far enough, though. I'd like to see BTC at $300 in a week or two. I don't think it will go that low, however. I'm going to say it bounces around $500 in 1-2 weeks.
  19. Earthjade

    Fontas (fontase) Next Pump and Dump (Alt - Coins) Bitcoin

    If you had bought any of the minor alts last week and held, you would have doubled your cash. Even the failed pumped of FTC, if you had held a few days, the price doubled. It's amazing how small of a time horizon most of us have here. Personally, I'm going to buy a whole heap of minor alts and...
  20. Earthjade

    The term BLACK SWAN EVENT????

    Came from a book about 10 years ago. It means "totally unexpected and unforeseen event". Back in the 17th century, all the Europeans took it as fact that swans could only be white. That's because in their known experience, they had only ever seen white swans. Then, when the Dutch discovered...
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