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ayn rand hand job posted:guess what doesnt want to use bitcoin anymore 
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Dec 3, 2014 15:24
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| # ? Apr 18, 2024 02:33 |
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Now instead of paying for something using a card linked to your bank account and getting cash back or other rewards along with the normal consumer protection you can pay using coinbase which will withdraw from your existing bank account and have freedom from the corrupt fiat system.
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Dec 3, 2014 15:38
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Exinos posted:Now instead of paying for something using a card linked to your bank account and getting cash back or other rewards along with the normal consumer protection you can pay using coinbase which will withdraw from your existing bank account and have freedom from the corrupt fiat system. Sounds good for people who can't get a credit card because they issued too many chargebacks.
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Dec 3, 2014 16:30
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I had thought that coinbase shuttering and exploding would be the funniest way they could die, but suddenly dropping all bitcoin support might actually be funnier, so let's hope they move towards that. now i want to see what happens to bitpay
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Dec 3, 2014 16:38
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so now they completely dropped the fiction that you're paying to maintain a bitcoin balance and do conversions and now you're just paying them to insert themselves as a middleman in your dollar transactions and take their cut?
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Dec 3, 2014 16:42
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haveblue posted:so now they completely dropped the fiction that you're paying to maintain a bitcoin balance and do conversions and now you're just paying them to insert themselves as a middleman in your dollar transactions and take their cut? This is good for Bitcoin because it further reduces the load on the blockchain, allowing for further BTC usage* without overloading the 3TPS limit!
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Dec 3, 2014 16:55
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this actually good news for me because now I can spend my Bitcoin tips without buying a newegg gift card
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Dec 3, 2014 16:55
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FCKGW posted:this actually good news for me because now I can spend my Bitcoin tips without buying a newegg gift card But you'd have to give your PII to coinbase so maybe not
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Dec 3, 2014 17:01
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I don't even follow what that's about, is it literally just spending USD for 'bitcoin' transactions? Like this isn't just about buying and selling butts with them, they aren't an exchange they are a payment processor right? Lol how are coiners reconciling with this development I wonder
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Dec 3, 2014 18:12
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I'll check the reddit
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Dec 3, 2014 18:17
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i went to add a bank account to coinbase Instant Account Verification Takes a few minutes 1) Enter your online account credentials. 2) Coinbase will securely log in on your behalf and check your account information. 3) If the login is successful your account will be verified. oh cool, just give them my bank login and password to verify, sounds secure
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Dec 3, 2014 18:18
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You can now buy bitcoin from my cash register (no ATM necessary) at my video game store in PA! (imgur.com) submitted 54 minutes ago by masterzman 
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Dec 3, 2014 18:20
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FCKGW posted:i went to add a bank account to coinbase hahahaha
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Dec 3, 2014 18:20
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Pumpy Dumper posted:You can now buy bitcoin from my cash register (no ATM necessary) at my video game store in PA! (imgur.com) im the scrub that keeps the plastic protective film on his business computer
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Dec 3, 2014 18:22
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Ron Paul Atreides posted:I don't even follow what that's about, is it literally just spending USD for 'bitcoin' transactions? Like this isn't just about buying and selling butts with them, they aren't an exchange they are a payment processor right? It's essentially a prepaid debit card that you can only use at places that "accept bitcoin". This is only possibly because of Blockchain Technology. All hail Satoshi.
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Dec 3, 2014 18:23
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Pumpy Dumper posted:You can now buy bitcoin from my cash register (no ATM necessary) at my video game store in PA! (imgur.com) i might drive to erie for that ice blue n64 controller
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Dec 3, 2014 18:24
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so copy pasting reddit threads on iPad sucks so here a screenshot
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Dec 3, 2014 18:25
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there's literally nothing about coin base on there right now
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Dec 3, 2014 18:28
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 ok I'm gonna stop posting this poo poo unless I find gold
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Dec 3, 2014 18:29
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Pumpy Dumper posted:
i'm pretty sure that using mastercard to fund terrorism is a really bad idea
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Dec 3, 2014 18:36
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bisticles posted:It's essentially a prepaid debit card that you can only use at places that "accept bitcoin". This is only possibly because of Blockchain Technology. All hail Satoshi. That's what I was getting from it but it seemed to stupid to be possible Bitcoin has created an industry that only serves to deal with the inherent difficulties of using bitcoin by routing around it completely This is touted as a successful proof of bitcoin potential rather than an indictment of its limitations There are dadaist plays less absurd than this
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Dec 3, 2014 18:38
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Ron Paul Atreides posted:I don't even follow what that's about, is it literally just spending USD for 'bitcoin' transactions? Like this isn't just about buying and selling butts with them, they aren't an exchange they are a payment processor right? Coinbase is a payments processor. With the addition of USD wallets coinbase users may now buy things at merchants who accept coinbase with USD rather than or in addition to butts.
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Dec 3, 2014 18:41
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FCKGW posted:i went to add a bank account to coinbase idk about you but my bank has what amounts to "read only" login stuff for things like mint when I want to log in myself to actually transfer funds there are additional hoops that aren't username/password-based which is not to say that coinbase is something i'd trust even that far but it's not as stupid as it sounds for most places
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Dec 3, 2014 18:42
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yeah I have to imagine the banks have a read only api that coin base uses. it's can't be "type your credentials into this text box and we'll check it" but this is Bitcoin after all 
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Dec 3, 2014 18:45
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Pumpy Dumper posted:so copy pasting reddit threads on iPad sucks so here a screenshot https://bitcointalk.org/index.php?topic=800330.0 a visionary posted:After last nights excursion into how bitcoin adoption plays out, I played around with some charts. Broadly based around these concepts.
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Dec 3, 2014 18:47
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- if it wasn't already obvious this is not a method of trying to predict highs and lows so you can trade your way to victory. It is more an exercise in preparing mentally for the magnitude of movement that one might expect were these assumptions of mass market adoption true.
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Aleksei Vasiliev posted:loooool the math of the linked bitcointalk THEN A MIRACLE OCCURS
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Dec 3, 2014 18:52
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Aleksei Vasiliev posted:loooool the math of the linked bitcointalk Now make the imaginary numbers draw a horsie!
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Dec 3, 2014 18:54
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Aleksei Vasiliev posted:loooool the math of the linked bitcointalk is the x axis time? because I first looked at it and went "wow they think they'll invent time travel"
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Dec 3, 2014 18:55
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We here at Spirograph, Ouiji Board and Etch-a-Sketch Financial Planning Services LLC. believe...
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Dec 3, 2014 18:57
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Werthog 95 posted:i might drive to erie for that ice blue n64 controller nothing is worth driving to erie
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Dec 3, 2014 18:58
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bitcoiners are right that if bitcoin adoption/usage really took off, the price would go up a whole lot to compensate similarly, if my poops became a high demand medium of trade, they would also take off in value
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Dec 3, 2014 19:01
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Pumpy Dumper posted:is the x axis time? a visionary posted:The values aren't really supposed to be accurate, both time and price axis are kind of arbitrary (as per assumptions in the first post of 10years and 300k) it's more about the scale of movement that has to happen to reach an arbitrary end price based on this kind of model. In the chart I posted as an example though the x axis is days. So ther is about 3650 in 10 years give or take
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Dec 3, 2014 19:05
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bisticles posted:We here at Spirograph, Ouiji Board and Etch-a-Sketch Financial Planning Services LLC. believe...
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Dec 3, 2014 19:10
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Pumpy Dumper posted:
lol have they replaced 'Anonymity' with 'Complete Transparency' for a bitcoin plus point?
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Dec 3, 2014 19:19
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Pumpy Dumper posted:
LOW INFLATION RISK low inflation risk LOW. INFLATION. RISK. LLLLLOOOOWWWWWW IIIINNNNFFFLLLLAAAAATTTTTIIIOOOOONNNNN RRRRIIIIISSSSSKKKKK LOW INFLATION? RISK! LOW, INFLATION! RISK! COME ON DOWN TO BITCOIN BILLS BITCOIN EMPORIUM WE HAVE ZERO PERCENT INFLATION RISK FOR THE FIRST 6 MONTHS OF Y Y Y Y Y Y OUR PURCHASE LOW INFLATION RISK low. inflation. risk
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Dec 3, 2014 19:29
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http://www.dfs.ny.gov/legal/vcrf_comments.htm
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Dec 3, 2014 20:16
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a good read until they all just turn into the same form letter
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Dec 3, 2014 20:27
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Ron Paul Atreides posted:I don't even follow what that's about, is it literally just spending USD for 'bitcoin' transactions? Like this isn't just about buying and selling butts with them, they aren't an exchange they are a payment processor right? It's very easy. You deposit dollars into your account. Then you go look around for something to buy, A merchant will prize its mech in dollars give you a up-to-the-second bitcoin quote. Then you can tell coinbase to send X bitcoin to the merchant. Coinbase will take your dollars and transfer them to the mechant but, and here is the revolutionary part, it will tell you how many bitcoins you would have used if there were any actual bitcoins involved in the transaction.
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Dec 3, 2014 20:31
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protip: look for "unsigned" and just first names
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Dec 3, 2014 20:31
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| # ? Apr 18, 2024 02:33 |
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Dec 3, 2014 20:35
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