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Bitcoins and the Winklevoss twins.......
Just saw this on the Yahoo finance page.....
Winklevoss twins plan IPO for Bitcoin-tracking stock http://www.reuters.com/article/2013/...ySector&rpc=43 |
It would bring a smile to my face to see them crash and burn.
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Nice move by the Winklevoss boys :thumbsup |
Wishing failure upon people you don't even know, lame, very very lame :2 cents:
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EDIT: eh fuck it I don't want to flame war about bitcoin. its dull
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Mt. Gox, the world?s largest bitcoin exchange, has taken a step towards complying with US money-laundering regulations by registering as a money services business with the US Treasury Department.
The Treasury Department?s Financial Crimes Enforcement Network, FinCEN, shows on their website that Mt. Gox?s registration as a money services business was received on Thursday 27th June. Although the registration does not constitute approval by FinCEN of Mt. Gox?s activities, .... |
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Once MTG start trading in LTC in a couple of weeks time the price of LTC should jump, at least for about 5-10 days while everyone clambers trying to make a few bucks off them.
Can't wait for that to happen, have been sitting on around 750LTC for the last few months and as soon s they hit $0.053 these suckers get sold and converted to 40BTC :) |
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Your blind faith in your investment here is pretty telling.. |
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Hardly. |
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bc will burn
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If you were billionaire you would not spoil your children nor would you fund your kids ideas right. Fucking hypocrites :disgust |
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interesting business concept, i am not sure i like it or that it's going to work. the problem i see with it is it distorts the true nature of btc, which is supposed to be a currency, not an investment tool. i understand that it is currently treated primarily as a speculative investment but in just a couple years, 90+% of btc will be mined, the massive speculation should subside at that time so i wonder what will happen to this btc stock over time.
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I have my own coin now so really just wanna focus on that. |
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Jealous of silver spooners? No. I pity them. Fuck you and your "hypocrit" accusation. Ask your daddy to go fund you a clue. |
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what's the reason for the drop lately anyway? anyone know? |
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Prices are down across the board, even on shares of companies that ARE making great profits with BTC mining. |
It matches the 2011 drop. Unless there is big news it will probably continues to stagnate.
http://bitcoincharts.com/charts/mtgo...0zm2g25zvzcvzl |
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I'm crushed. :1orglaugh:laughing- |
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Sounds like he has a secret desire to buttfuck the Winklevii. :1orglaugh |
BlackCrayon & SilentKnight, good luck, i wish you guys well, I hope your parents support your decision to be the way you are. Rainbow power. It's a right we have, enjoy it! :)
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I'm still suspicious of bit-coins ability to retain value.
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A work ethic. A sense of pride in accomplishment. I feel pity for the silver spooners who can never buy those qualities with all of daddy's money in the world. |
let's give the winklevii their due, they graduated harvard, they went to the olympics and medaled, they have looks and wealth and a strong family bond. all wonderful things.
but they are not business men. they like to think and act like they are simply due to winning the fb lawsuit. but i can't find any business venture that they've actually run yet they are in the media portraying businessmen who know what they are talking about. i'm not sure yet that they do. |
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