Official Cryptocurrency thread

Entry Level PC

Entry Level PC

Banned
Joined
Oct 26, 2011
Messages
48,320
Reaction score
7,464
incesto said:
Actually bitcoin is very traceable, even more than dollar since every transactions are on the blockchain. If Satoshi move 0.000001 btc, the whole world will know instantly. When someone steal your bitcoin and if he transfer the money to an address on an exchange he will be caught, if he spend on any merchant, he will be caught. His only chance is to wait till you forget to keep an eye on it.

An exchange have nothing to do if the money is good or bad. Madoff, Lemon bro happened but no one give a ****. HSBC laundered billions of drug cartel money and only have to pay a 4 weeks profits fine.
Click to expand...

If traceable then why so much theft already and people can only LLST?

Even if traceable also no authority or regulator got authority to arrest them.
 
D

Duinchlfc

Senior Member
Joined
May 24, 2005
Messages
1,244
Reaction score
0
Entry Level PC said:
If traceable then why so much theft already and people can only LLST?

Even if traceable also no authority or regulator got authority to arrest them.
Click to expand...

True,even the dogecoin wallet hacks were compensated by the developers themselves.Lets say if there is a regulatory body involved,would the flow of coins or value be affected?
 
I

incesto

Senior Member
Joined
Oct 26, 2008
Messages
1,576
Reaction score
0
Entry Level PC said:
If traceable then why so much theft already and people can only LLST?

Even if traceable also no authority or regulator got authority to arrest them.
Click to expand...
Someone steal from your house $2 then you go lodge report, police will send you to IMH instead. The money is so traceable but why you have to LLST?

Regulator still regarded them as some money online like virtual goods from maple story or WoW which worth nothing. Look at the US, they dont even know what to do with bitcoin yet.
 
Last edited:
jownsftw

jownsftw

High Supremacy Member
Joined
May 1, 2010
Messages
26,229
Reaction score
1
lr7jbsz.png
 
ramdick

ramdick

Master Member
Joined
Jun 26, 2006
Messages
4,147
Reaction score
0
jownsftw said:
55k nia. i already sold my rig to my friend at cost price, going to trade instead. my dog don't like the fan sound :s13:
Click to expand...

Guess you also figured out how long it will take to cover cost of equipment. Not even counting electricity yet. Then cost of time, effort & frustration.
 
jownsftw

jownsftw

High Supremacy Member
Joined
May 1, 2010
Messages
26,229
Reaction score
1
ramdick said:
Guess you also figured out how long it will take to cover cost of equipment. Not even counting electricity yet. Then cost of time, effort & frustration.
Click to expand...

i actually don't mind the long wait to ROI, i knew it when starting. but my dog really keep avoiding a big area near the rig, that's an issue. so i decided to let it go instead and trade it :D

xorion said:
wad u do with 55K doge?
Click to expand...

currently just bag holding it. going holiday tmr, come back liao then analyse properly :D
 
D

Duinchlfc

Senior Member
Joined
May 24, 2005
Messages
1,244
Reaction score
0
kingtrade said:
With ur real world money, not other coins, which is the sucky part...

Heck, you can't even withdraw ur bitcoins from the atm
Click to expand...

Kinda silly really.Put in real world money for bitcoin and God knows this bitcoin thing is nowhere stable yet.The 2 fellas can easily run off with all the cash.Provided there are people who would even use the terminal :s22:
 
kingtrade

kingtrade

Banned
Joined
Feb 13, 2004
Messages
26,279
Reaction score
0
Duinchlfc said:
Kinda silly really.Put in real world money for bitcoin and God knows this bitcoin thing is nowhere stable yet.The 2 fellas can easily run off with all the cash.Provided there are people who would even use the terminal :s22:
Click to expand...

But still, it was nice to get the $5 usd worth of bitcoins....

I am still a typical singaporean after all....
 
B

Buaya_Hunter

Banned
Joined
Jun 8, 2001
Messages
27,523
Reaction score
0
ykeen said:
u mean, their ATM got give free US$5 of bitcoins? or its your mining efforts?
Click to expand...

Lol, they were giving away usd$5 worth of bitcoins for the first xx users....

And no, I don't mine bitcoins. Who mines bitcoins these day?
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top