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Bitcoin - How Can I Help and Profit from Explosive Growth?

Update: OMG! This lead is not about using bitcoin. It's about participating in the development of the ATM network. It's a business opportunity. Goodness all the skeptics...
Oh and if you want to understand or use bitcoin a little bit try Coinbase https://coinbase.com/
And since most are stupid about bicoin... Go to 24:30 for a good discussion on bitcoin by anarchist/genius Cody Wilson.
http://www.youtube.com/watch?NR=1&v=Yeh6K7vPCOU&feature=ends...

Opportunities
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Bitcoin ATM actively seeks:
• Investors in tune with the financial landscape of the future.
• Licensees/Franchisees interested in a business model that works
• Designers/programmers with unique insights and creative outlooks

https://bitcoinatm.com/

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Commodity shortage in America

The commodity?

Courage.

Courage to forge new pathways.

Tread Very Carefully!

Still searching for the 'legal' way to get them, in the meantime, Ill take the cookie faucet. Wish I knew, cut & dry that its ok to get on that exchange. It looks like a blast...

Search Coinbase

Search Coinbase

Tired of the silver bitcoin fight

I buy precious metals for a living. I understand their value I can buy them very cheaply compared to regular retail investors. I understand the buy and sell side of the precious metals market.

However I'm tired of people being told that silver or gold for that matter is the only way to invest your money or the only place that your money should be. I disagree with these people 100%. While I see silver and gold going up people must take timeframe into mind when investing in silver or gold. If you are looking to make money in the short term then do not even consider silver gold.

I still remember the advice that people where giving here and in many other websites when gold hit 1900 and silver 49. A lot of it was keep buying gold will hit 2500 and silver will be at 100 at the end of the year. The people that got in at the high over two years ago would still be very negative today.

I still recommend gold and silver as a protection of your wealth but if you're thinking short term (anything less than 5 years) then think again and maybe keep your money in cash or put it into something else. The truth is NO ONE knows when gold or silver will rally if they did they wouldn't be here they'd be making a million bucks trading commodities.

The same principle applies to Bitcoin. In the end what I'm trying to say is that you need to do your due diligence if you're going to put your money into ANYTHING. The way the world works today most investments are about as sure of a bet as putting all your money on black on the roulette table. You can strike it rich or you can loose it all. Imagine if we would have listened to all the people telling us to put some money into bitcoin when it was 12 bucks 10k would be over 70k today and that was only about 3 months ago. However as fast it comes it can go even quicker.

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    Silver

    is the way to go !

    everyone should own at least a little silver

    before buying bitcoins. some dimes would be good.

    Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
    My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
    http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

    Silver is "a" way to go.

    Silver is "a" way to go. There are many things that could be investment opportunities/risks.

    When can I get my RFID chip?

    When can I get my RFID chip?

    check your credit card

    you probably already have an rfid. bitcoins are anonymous and can't really be tracked.

    Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
    My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
    http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

    Everyone

    please PLEASE be careful with what you invest your hard earned money in. Remember to do research and due diligence for your own safety.

    With Bitcoin becoming more popular and attracting more serious money it will inevitably attract scams and dishonest operators. It already has.

    I took a quick look at bitcoinatm.com and it seems okay to me, but I haven't researched it thoroughly since I have no interest in investing.

    Bitcoin gives personal responsibility of finances back to individuals. That's great but with freedom and power also come the need to be responsible or suffer for mistakes.

    Is warning people to be

    Is warning people to be careful about spending their hard earned money on something that is not tangible how you sleep at night?

    People

    should do due diligence on Bitcoin too. Bitcoin is a risk. I've said so numerous times. People ultimately should NOT put more into Bitcoin than they can afford to lose. Bitcoin is experimental. That's a fact.

    That's fair. Bitcoin is risky

    That's fair. Bitcoin is risky right now. Everything carries a certain amount of risk. Buying and selling Bitcoins requires special knowledge, but it is teachable. Use common sense and caution when venturing into anything new, right?

    A point worth considering

    This comment was posted by a Swede on the trading site I subscribe to.
    His final sentence introduced a point I hadn't considered before, but feel is worth questioning. Is bitcoin conditioning us to accept a cashless society?

    His post:

    "I'm very suspicious of how bitcoin is being portrayed as a liberating currency alternative. To me, bitcoin has more potential for manipulation than sovereign/MU currencies since there is no paper version. Sure, with paper it can be devalued, but it can't just be deleted from existence.

    I feel that bitcoin is being positioned as this "revolutionary foil" to the crooked sovereign currencies, so people will embrace it as a savior and then ultimately be left with it. So much easier than just telling the populace that 'you will be converted to a cashless society!'"

    ask your friend to explain the blockchain

    it's the complete record of all bitcoin transactions that "can't just be deleted from existence."
    even if the net goes down the blockchain will still be saved on everyone's computer when the net comes back on. if it does not come back on then we have much bigger problems to deal with than bitcoins and credit card transactions.

    Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
    My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
    http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

    Last Sentence

    Considering the long term and allowing things to just be so that you can see relationship is intelligence, c2c. Observational of you. Good job.

    Two other effects of electronic money:
    1) Borg/The Collective effect -- where the value of this currency is dependent on not the user but everyone who uses it, creating shifts of it -- with the potential of massive shifts -- daily. In other words, for the user to get the value he wants it to be in considering trading it for a thing, he's dependent on all users of the currency. Use of the currency is a waiting game -- again, dependency.

    2) Those shifts require attention. Therefore, you don't live your life. You live to that currency. Additionally, as time goes on, the mind must pay attention to more and more factors about that currency, a splintering of the mind, an anxiety worsening continually, a bizarre way to live. Masochistic, really.

    Nothing is wrong with a national currency. It can be done. It has been done. Remove the source of our seized and corrupted federal government. This removal will retract and eliminate our empire, separate our dollar from countries and affect our state and local governments positively, placing each American in position to do for himself, that is, to flourish. This flouring is the detachment of and by the American from his governments other than when he calls upon the government that concerns him (read: local governance) for justice. This detachment is the shrinking of our governments to small. A way to understand flourishing here is busy-ness, you know, living life.

    People get caught up in the word fiat and about 99% of the time they misunderstand the word, thinking fiat means paper and printing, and they are absent minded about currency's involvement in society, particularly one whose formation is country.

    School's fine. Just don't let it get in the way of thinking. -Me

    Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

    Explain how bitcoin can be

    Explain how bitcoin can be manipulated?

    -----
    End The Fat
    70 pounds lost and counting! Get in shape for the revolution!

    Get Prepared!

    LOL! So some dumbass down

    LOL! So some dumbass down voted this post but can't answer the question... (shakes head)

    -----
    End The Fat
    70 pounds lost and counting! Get in shape for the revolution!

    Get Prepared!

    If I had money to spare I'd

    If I had money to spare I'd probably consider taking a chance on it. I think the Banking elite will start outlawing bitcoin as they see it over taking their fiat schemes. This will by no means stop bitcoin however it will stop most commercial merchants from accepting them to keep swat goons from raiding their establishment. In the meantime it will still be a private currency between private individuals. Although an Ebay type site using bitcoin exclusively could over come much of that. That is the biggest hurdle I see.

    That site has no contact information on how to get involved or am I just blind?

    -----
    End The Fat
    70 pounds lost and counting! Get in shape for the revolution!

    Get Prepared!

    The silk road

    Is an ebay type site, and also bitmit is for more mainstream products.

    bitcoins are not really practical.

    bitcoins get hacked regularly and just another bubble. at least silver and gold you get to physically hold your wealth. i dont like owning things that are imaginary.

    bitcoins get hacked regularly???

    news to me. any links? i'm not talking about third party bitcoin holders but personal wallets. if you even understand the difference.

    Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
    My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
    http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

    So, What’s It Like To Have a Business in Cyprus Right Now?

    http://www.infowars.com/so-whats-it-like-to-have-a-business-...

    Take a look
    Little difficult to run a business without some type of account to transact exchange of money

    i buy silver and gold...

    what the hell would i do with imaginary Bitcoins that are vulnerable to hacking by different government agencies? Bitcoins are garbage just like printed money.

    vulnerable to hacking

    not really. they are safer than credit cards. i don't know of any bitcoin wallets that have been hacked but i'm sure there is some idiot who did not secure his private key and it was stolen. as with a car, don't leave your keys in your car and leave it running. simple security.

    i'm sure you will respond with a link of some third party getting hacked but that would just prove you don't understand how bitcoins work. most detractors don't.

    Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
    My ฿itcoin: 17khsA7MvBJAGAPkhrFJdQZPYKgxAeXkBY
    http://www.dailypaul.com/303151/bitcoin-has-gone-on-an-insan...

    Incidentally, Bitcoin ATM

    Incidentally, Bitcoin ATM sounds exactly like any number of Wanted ads that promise fast money in exchange for "a moment of your time" in order to divulge "secrets to hidden wealth". In other words, scam, scam, scam, scam, scam, scam, scam. They are a "team", yet they require funding, programmers and a bunch of suckers... er, "licensees" (for what exactly?). Avoid.

    Because when the skeptics wise up,

    the big money will already be off the table.

    The opportunity to profit from a transformative technology like this might come along once in a lifetime.

    "Once in a lifetime

    "Once in a lifetime opportunities" come more often than you think, because they are often called that by scammers.

    Digital Money, Step One into World Governance

    I believe what Barracuda said, there is opportunity to profit tremendously off bitcoin. But it's what that statement means that scares me.

    First, digital currency, as any currency, requires attachment to something to recognizable socially to make it acceptable socially. Such an attachment is known as backing, currency backing. For whoever transacts in US dollars, the backing of the digital currency is the US dollar. Now let us replace the phrase digital currency with the name bitcoin.

    You might know bitcoin is global. I'm not sure, but I think this means the dollar -- and any currency in the world bitcoin is measured against -- is regarded as secondary. If the USD isn't secondary now, then it will be later whose evidence would be when the phrase bitcoin is measured against USD is USD is measure against bitcoin. If the USD acquires secondary status, it will go almost the way global currencies gold and silver did in the United States. The USD will die. Almost the way of gold and silver because, I think, gold and silver will appear on the global stage.

    This loss of USD will be fatalistic to our country because the USD is sovereign, that is, it is from our country. Currencies are measured to the USD, not the other way around. I think that measurement is because raw material-owned or raw material-controlled American business and resource-owned or resource-controlled American businesses are most plentiful worldwide. No wonder our government is an empire. The US empire is to protect the dollar, the resistance to global governance, the final, and perhaps eternal, empire. Anyway. (People such as you and I know the USD really isn't sovereign. We know the USD is foreign created and, I think, foreign controlled. Therefore, see, we never had a sovereign currency. See again, we could have one and should want one if we care about our country and its law, the US Constitution. A country and its laws requires its own currency.)

    There's something more important than bitcoin's name, though. That's its nature: digital -- electric. This is where my fright comes in. This nature is something to be concerned about. And its use, that is, where it is used, is something to be concerned about. As mentioned, it's global. But is bitcoin, an American creation I think, the only digital currency? Are there other digital currencies?

    I don't know, but I think there are. If there are, can they be used globally, and are they still in operation mostly in the country from which they sprung? Do you see what's forming? A global digital currency grid that is in stage one of destroying tangible money everywhere. Are all these currencies schemed how bitcoin is?: You Mr. Human or Ms. Human, be among the first people in, profit hugely, meaning its worth will go down then be maintained in perpetuity, then locate another digital currency and do the same!

    VU, that process is the process for people who receive freshly printed USDs relative to people who receive USDs next, then next all the way until last, isn't it? If that isn't bad enough, how about the people doing business at the inception of a pyramid scheme who then jump to another one and another and on and on? Those people are all but solidified into the market place. Then again, that jumping is evidence of slavery even if it, the jumping, is by first class slaves, is it not? A slave is someone who lives to what is outside him, the relationship the human is to digital money, an amorphous, restricted object, something he always lives to, always is subject to. The solidification is what I'm frightful of. Is bitcoin but one digital currency among many of them? If so, they are the formation a global digital currency pyramid that will go until all natural resources are privatized whose owners are locked into place, then depopulation will commence in earnest.

    I've argued several times on the DP that if decentralization happens globally, digital or not, it is is false because, simply, the sphere global is the last frontier for man. Mankind would experience its final hurrah, a glorious time, yes. (People will be harmed all along the way, though, but they're not apparent when compared to the worldwide population.) Will this glorious time end? Yes, of course. Because, the pyramid didn't go away; rather, its constitution and sphere changed, is all, from national to global, just as the pyramid long, long ago changed from two individuals using X to tribe using Y to city using Z to state using A to nation using B. Now, nation using B transforms into the world using C. Note: Although the sphere's size must increase, the currency didn't have to. I put a different currency to each sphere to convey the process pyramiding. All this is why in my arguments about currency I bring up this word: control, as in, Who controls the currency?

    Bitcoin for Americans and digital money for everyone today is the beginning of a long road of pushing all people away from their national currencies and into the world, into the global sphere, or seen inversely, of pushing the world into countries. Where currency goes, law goes. Hence the introduction of governance, which does necessitate businesses. If corporations rise above governments, no wonder our country has data bases on each of us, bases whose size is terabyte or larger. There's your control grid: electric, monitored and global. Everything connected to everything. Controlled. Each country partakes in it with its data base on its citizens and can work with every data base worldwide. How sad.

    School's fine. Just don't let it get in the way of thinking. -Me

    Study nature, not books. -Walton Forest Dutton, MD, in his 1916 book whose subject is origin (therefore what all healing methods involve and count on), simple and powerful.

    Barracuda said,

    ~ there is opportunity to profit tremendously off bitcoin ATM's.