Deep Web/Bitcoin Mining

[Fusion]

Apparently the Winklevosses (who you may know best as the twin brothers from the movie "The Social Network") put all their facebook money into it - and are trying to buy up as much as fast as they can. Not sure how I feel about that.

I'm not financial expert, but it seems like 100's of copy cat's will come along, and the whole deck of cards will fall at some point.

I also heard that the PayPal guy hedged lots of money because btc could kill PayPal.

[GaryE30]

Im trying to buy ltc on btc-e but I cant deposit money into btc-e. Whats the best way to do this?

this

When I bought in I used BitInstant and sent my money to my offline wallet. I then transferred to BTC-e, but because BitInstant values their coins at the Mt. Gox value you'll lose some money by instantly putting it into BTC-e.

I sent my money via money gram using my local CVS. BitInstant took 4% to convert my cash to BTC. It took about 20 min to get into my account, but this was months ago.

I don't think this is the best, but its the only way I've bought any. (only bought in once too, but just providing one experience)

[Ocell]

If you're in the US, Coinbase is the easiest way to buy in.

[phreshkid]

Coinbase works for me. I like those guys in SF. I send them pizzas and shit.

[Dj Buttchug]

there has been word of coin base supporting LTC trading. I hope this happens. I use coin base too and so far its been problem free.

[decay]

they take fucking forever considering they take in ACH and payout in BTC, but you can game them a little bit- just used them to buy in $20 below market value this morning because their algorithm is a few minutes slow compared to the exchanges.

[gtdragon980]

I farked up and bought some BTC when it was at $1111 thinking it was steady, only to find out it dropped out pretty hard last night. Hoping it goes back up by the time I receive funds on coinbase this friday. I'm planning on trading for LTC on BTC-e.

[Dj Buttchug]

I farked up and bought some BTC when it was at $1111 thinking it was steady, only to find out it dropped out pretty hard last night. Hoping it goes back up by the time I receive funds on coinbase this friday. I'm planning on trading for LTC on BTC-e.

will you pm me with instructions on how to do this. I cant link up btc-e for some reason

[george graves]

Too bad you can't "day trade" on bit coins.

The company I do work for is flirting with bitcoin (shameless plug).....

We're one of the few online retailers that accepts bitcoin http://www.adafruit.com/blog/2013/11...itcoin-bitpay/

And a nice tutorial on setting up a BTC miner with a raspberry Pi http://learn.adafruit.com/piminer-ra...bitcoin-miner/

[cunninglinguist]

You can daytrade with bitcoin. Google "bitcoin binary options" and you will see many platforms where you can create an account.

[GaryE30]

I've day traded on BTC-e. Made a good deal of money too.

[Mr. Tasty]

day trading is easy, you just need to figure out alternative selling sources.

[Mr. Tasty]

mods let me know if this is frowned upon. Here is a referral from coin base. Every person I refer, gets them and my selves $5 in bit coins.
https://coinbase.com/?r=529a6e74a02a...=referral-link

[Dj Buttchug]

well shit. BTC is taking a HUGE dump lol

[Mr. Tasty]

im waiting for teh low buys hahaha. Good thing I liquidated my coins through eBay for 200% price, earlier today. I only had $1.5 worth of coins, technically lost .50$ today rofl