NY Hearings - lets live blog this puppy : - )

keithers

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This is the land of wolves now & you're not a wolf

Quote from: pungopete468 on January 30, 2014, 06:53:12 PM

Quote from: sidhujag on January 30, 2014, 06:31:35 PM

Quote from: pungopete468 on January 30, 2014, 01:44:41 PM

Quote from: phr0stbyt3 on January 30, 2014, 01:33:58 PM

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

This is extremely accurate...

How many people have enough saved to retire these days? We strongly discourage savings here! The US mentality is, "Why should I save when I can just borrow?"

I've been spending as much FIAT as I can on BTC for a while now. I have around $200 left in USD in all of my accounts combined. The funny thing is that I'm saving so much more than ever before just by converting it to BTC... It's great.

Thats because you cant spend in BTC, yet.

I've bought from Overstock twice and TigerDirect three times in the last two weeks. I just tend to spend much more with my USD on frivolous purchases...

I don't spend BTC because it's too painful to watch my balance decrease... Every time I spend BTC I have to buy it back ASAP to get my balance back where it was.

With BTC I only spend it specifically on what I need/want. Whenever I go shopping with USD I end up with a few extra things that I don't really need.

I am a little the same way. Buying stuff I don't really need with dollars but not doing that with BTC

chessnut

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Quote from: pungopete468 on January 30, 2014, 06:53:12 PM

Quote from: sidhujag on January 30, 2014, 06:31:35 PM

Quote from: pungopete468 on January 30, 2014, 01:44:41 PM

Quote from: phr0stbyt3 on January 30, 2014, 01:33:58 PM

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

This is extremely accurate...

How many people have enough saved to retire these days? We strongly discourage savings here! The US mentality is, "Why should I save when I can just borrow?"

I've been spending as much FIAT as I can on BTC for a while now. I have around $200 left in USD in all of my accounts combined. The funny thing is that I'm saving so much more than ever before just by converting it to BTC... It's great.

Thats because you cant spend in BTC, yet.

I've bought from Overstock twice and TigerDirect three times in the last two weeks. I just tend to spend much more with my USD on frivolous purchases...

I don't spend BTC because it's too painful to watch my balance decrease... Every time I spend BTC I have to buy it back ASAP to get my balance back where it was.

With BTC I only spend it specifically on what I need/want. Whenever I go shopping with USD I end up with a few extra things that I don't really need.

you must take your USD, buy bitcoins, and spend them on overstock. it works out the same. For the community!!

pungopete468

hero member

Activity: 1470

Merit: 504

Quote from: sidhujag on January 30, 2014, 06:31:35 PM

Quote from: pungopete468 on January 30, 2014, 01:44:41 PM

Quote from: phr0stbyt3 on January 30, 2014, 01:33:58 PM

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

This is extremely accurate...

How many people have enough saved to retire these days? We strongly discourage savings here! The US mentality is, "Why should I save when I can just borrow?"

I've been spending as much FIAT as I can on BTC for a while now. I have around $200 left in USD in all of my accounts combined. The funny thing is that I'm saving so much more than ever before just by converting it to BTC... It's great.

Thats because you cant spend in BTC, yet.

I've bought from Overstock twice and TigerDirect three times in the last two weeks. I just tend to spend much more with my USD on frivolous purchases...

I don't spend BTC because it's too painful to watch my balance decrease... Every time I spend BTC I have to buy it back ASAP to get my balance back where it was.

With BTC I only spend it specifically on what I need/want. Whenever I go shopping with USD I end up with a few extra things that I don't really need.

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: pungopete468 on January 30, 2014, 01:44:41 PM

Quote from: phr0stbyt3 on January 30, 2014, 01:33:58 PM

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

This is extremely accurate...

How many people have enough saved to retire these days? We strongly discourage savings here! The US mentality is, "Why should I save when I can just borrow?"

I've been spending as much FIAT as I can on BTC for a while now. I have around $200 left in USD in all of my accounts combined. The funny thing is that I'm saving so much more than ever before just by converting it to BTC... It's great.

Thats because you cant spend in BTC, yet.

pungopete468

hero member

Activity: 1470

Merit: 504

Quote from: phr0stbyt3 on January 30, 2014, 01:33:58 PM

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

This is extremely accurate...

How many people have enough saved to retire these days? We strongly discourage savings here! The US mentality is, "Why should I save when I can just borrow?"

I've been spending as much FIAT as I can on BTC for a while now. I have around $200 left in USD in all of my accounts combined. The funny thing is that I'm saving so much more than ever before just by converting it to BTC... It's great.

phr0stbyt3

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Activity: 672

Merit: 500

Quote from: the_sunship on January 29, 2014, 04:05:47 PM

every time i hear the word "Hoarding" I want to ask how much money the person has in his Savings account or IRA.

Idiot. Nobody hoards USD$$$$

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: TheButterZone on January 30, 2014, 02:23:45 AM

Did anyone save the raw video? 1 BTC bounty as of now for the mystery briefcase: http://www.reddit.com/r/Bitcoin/comments/1wiqcm/mystery_briefcase_exchange_at_the_ny_bitcoin/

There has to be a copy of the raw video floating around somewhere...

segeln

hero member

Activity: 602

Merit: 500

Quote from: KeyserSoze on January 29, 2014, 11:40:34 PM

Quote from: segeln on January 29, 2014, 03:46:49 PM

what is mastercharge ,please
as a foreigner i don`t know this idiom

http://lmgtfy.com/?q=what+is+mastercharge
The reference to MasterCharge further reveals the BearTrollFedFUDster panelist as a dinosaur since MasterCard stopped being known as MasterCharge in 1979.

Thanks,but I got it already while thinking about the Freudian slip that was supposed here.

chessnut

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Activity: 924

Merit: 1001

Quote from: P_Shep on January 29, 2014, 04:04:18 PM

Quote from: keithers on January 29, 2014, 04:03:13 PM

girl on the left...would you?

Yes.

+1

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Did anyone save the raw video? 1 BTC bounty as of now for the mystery briefcase: http://www.reddit.com/r/Bitcoin/comments/1wiqcm/mystery_briefcase_exchange_at_the_ny_bitcoin/

KeyserSoze

hero member

Activity: 560

Merit: 500

Quote from: segeln on January 29, 2014, 03:46:49 PM

what is mastercharge ,please
as a foreigner i don`t know this idiom

http://lmgtfy.com/?q=what+is+mastercharge
The reference to MasterCharge further reveals the BearTrollFedFUDster panelist as a dinosaur since MasterCard stopped being known as MasterCharge in 1979.

sickpig

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Activity: 1260

Merit: 1008

Quote from: runam0k on January 29, 2014, 07:12:19 PM

Man, Andreas is good. Would love to have seen him on any one of the panels.

I do agree. One of the finest bitcoin evangelist I've ever heard, I'm starting to get addicted to his speeches

Luckily for me he's pretty prolific.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: runam0k on January 29, 2014, 07:12:19 PM

Man, Andreas is good. Would love to have seen him on any one of the panels.

He should have been asked to be on the panel. He is much more articulate than many of the speakers that were present.

runam0k

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Activity: 1092

Merit: 1001

Touchdown

Man, Andreas is good. Would love to have seen him on any one of the panels.

Holliday

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Activity: 1120

Merit: 1012

Quote from: Dafar on January 29, 2014, 04:16:04 PM

http://www.youtube.com/watch?v=kk_kDkrx62s&feature=youtu.be

Response from Andreas, live

"3rd panel was basically a discussion about how BANKS will save us from the uncertainties of crypto currency"

Well, he nailed it. As I posted in the wall observer thread.

Quote from: Holliday on January 29, 2014, 04:11:55 PM

Conclusion:

We need to get MasterCharge involved so we can reduce volatility and get people to trust Bitcoin.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

http://www.youtube.com/watch?v=kk_kDkrx62s&feature=youtu.be

Response from Andreas, live

"3rd panel was basically a discussion about how BANKS will save us from the uncertainties of crypto currency"

Biodom

legendary

Activity: 3892

Merit: 4331

the ultimate sign of an institutional failure is to invite a person who has no clue regarding the subject at hand and is engaged in fantasy projections.
Would someone responsible ever say..it will be $10 (from $800) in four months? He worked for FED? Is this how Fed workers predict the future? LOL

segeln

hero member

Activity: 602

Merit: 500