Funny that you mention that... Valve announced today that they are no longer taking BTC. I think most vendors are instantly converting to USD instead of holding in BTC, at least that is what I would do if I was selling a product while accepting it.
https://www.polygon.com/2017/12/6/16742622/steam-ends-support-bitcoin-volatility On Wed, Dec 6, 2017 at 7:30 PM, Steve Jones <thatoneguyst...@gmail.com> wrote: > im down with that, so long as nobody uses the term extortion and keeps the > payments up > > On Wed, Dec 6, 2017 at 7:19 PM, Mike Hammett <af...@ics-il.net> wrote: > >> It might be better long term for people to pay you to stay out of >> investments. >> >> >> >> ----- >> Mike Hammett >> Intelligent Computing Solutions <http://www.ics-il.com/> >> <https://www.facebook.com/ICSIL> >> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> >> <https://www.linkedin.com/company/intelligent-computing-solutions> >> <https://twitter.com/ICSIL> >> Midwest Internet Exchange <http://www.midwest-ix.com/> >> <https://www.facebook.com/mdwestix> >> <https://www.linkedin.com/company/midwest-internet-exchange> >> <https://twitter.com/mdwestix> >> The Brothers WISP <http://www.thebrotherswisp.com/> >> <https://www.facebook.com/thebrotherswisp> >> >> >> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> >> ------------------------------ >> *From: *"Steve Jones" <thatoneguyst...@gmail.com> >> *To: *af@afmug.com >> *Sent: *Wednesday, December 6, 2017 7:18:27 PM >> *Subject: *Re: [AFMUG] BTC 12k+ >> >> how would you even price items with a currency that fluctuates at this >> speed? You couldnt, youd have to price it on a reference, like the USD, >> which would be kind of a problem if your reference is what youre trying to >> get rid of, because youre awesome cryptocurrency is way betters. >> >> You folks into it should watch out, because im looking to get in on the >> ride, the last time i did that was Keyon, so Im like herpes to investment >> value >> >> On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote: >> >>> A professor I know calculated that if Bitcoin only got something like 5% >>> of the world’s share of currency then it has a theoretical value of $100K >>> or some thing like that. I don’t recall the exact numbers. Maybe it was >>> just 1%. >>> >>> *From:* Steve Jones >>> *Sent:* Wednesday, December 6, 2017 6:04 PM >>> *To:* af@afmug.com >>> *Subject:* Re: [AFMUG] BTC 12k+ >>> >>> I am curious, its over 14k right now. whats causing such a substantial >>> gain? Given that its "digital infallible" Im wondering if its not an >>> artificial inflation >>> >>> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote: >>> >>>> I'm glad I'm only out electricity costs, I cash out when I hit the >>>> minimum don't keep anything on site. With a single card it's been taking >>>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using >>>> my PC. >>>> >>>> >>>> >>>> Joe >>>> >>>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com> >>>> wrote: >>>> >>>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum >>>>> stretching, we recommend preparation H and have a nice day... seeya >>>>> wouldnt >>>>> wanna be ya" >>>>> >>>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com >>>>> > wrote: >>>>> >>>>>> lulz >>>>>> >>>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> >>>>>> wrote: >>>>>> >>>>>>> For Steve. J >>>>>>> >>>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg >>>>>>> >>>>>>> >>>>>>> >>>>>>> Chris Wright >>>>>>> >>>>>>> Network Administrator >>>>>>> >>>>>>> >>>>>>> >>>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis >>>>>>> Arsenault >>>>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM >>>>>>> *To:* Animal Farm >>>>>>> *Subject:* Re: [AFMUG] BTC 12k+ >>>>>>> >>>>>>> >>>>>>> >>>>>>> I can wipe that and make $10... LOL. >>>>>>> >>>>>>> >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews < >>>>>>> i...@avantwireless.com> wrote: >>>>>>> >>>>>>> To a "Batman" usb drive.... >>>>>>> >>>>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote: >>>>>>> >>>>>>> don't leave your coin on coinbase move it to a more safe wallet or >>>>>>> completely off line if you're paranoid >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com >>>>>>> <mailto:ch...@shelbybb.com>> wrote: >>>>>>> >>>>>>> I'm waiting for the Coinbase hack...that will really hit hard >>>>>>> since >>>>>>> they are handling more transactions than Mastercard. >>>>>>> >>>>>>> Regards, >>>>>>> Chuck >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones >>>>>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> >>>>>>> wrote: >>>>>>> >>>>>>> how many people who believe this as a "currency" are missing >>>>>>> FDIC insurance today? >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg < >>>>>>> ch...@shelbybb.com >>>>>>> <mailto:ch...@shelbybb.com>> wrote: >>>>>>> >>>>>>> Yea, we're affected by NiceHash as well. >>>>>>> >>>>>>> Regards, >>>>>>> Chuck >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak >>>>>>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote: >>>>>>> >>>>>>> Speaking of hacks... I've been selling hashing power >>>>>>> to >>>>>>> Nicehash, woke up this morning and my miner isn't >>>>>>> running... hmm. >>>>>>> >>>>>>> Nicehash's wallet all got emptied to a unknown >>>>>>> address >>>>>>> (at least unknown to us, the users). 60 million >>>>>>> worth of >>>>>>> BTC. I was about half way to my pay out (minimum 0.01 >>>>>>> BTC per payout). No official word yet, tread >>>>>>> carefully... >>>>>>> >>>>>>> >>>>>>> Joe >>>>>>> >>>>>>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson >>>>>>> <t...@ida.net <mailto:t...@ida.net>> wrote: >>>>>>> >>>>>>> I sold 110 coins about 3 years ago and took a >>>>>>> huge >>>>>>> loss. I got back in at $6,400/btc and sold at >>>>>>> $9,800. Then I got back in at $10,500 and just >>>>>>> sold >>>>>>> this morning at $12,700. >>>>>>> >>>>>>> It scares the hell out of me to have money >>>>>>> sitting >>>>>>> there, especially when it could crash while I'm >>>>>>> asleep at night... but it's also so addictive to >>>>>>> make huge returns (16% after fees, etc. just this >>>>>>> month). >>>>>>> >>>>>>> It's a huge bubble. There is nothing to support >>>>>>> it. >>>>>>> When you buy in, you are counting on someone >>>>>>> willing >>>>>>> to pay you more than you paid for it, but for no >>>>>>> good reason. It's the .COM era again, except >>>>>>> without >>>>>>> the .COM. LOL >>>>>>> >>>>>>> Travis >>>>>>> >>>>>>> >>>>>>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote: >>>>>>> >>>>>>> Still crying over the 85 I sold at $1k >>>>>>> each� >>>>>>> you still have? >>>>>>> >>>>>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis >>>>>>> Johnson" >>>>>>> <af-boun...@afmug.com >>>>>>> <mailto:af-boun...@afmug.com> on behalf of >>>>>>> t...@ida.net <mailto:t...@ida.net>> wrote: >>>>>>> >>>>>>> How high can it go?? When do you sell?? >>>>>>> What's a "fair" return?? >>>>>>> >>>>>>> Travis >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> -- >>>>>>> >>>>>>> -Louis >>>>>>> >>>>>>> NTInet >>>>>>> O: 803-533-1660 X 207 <(803)%20533-1660> >>>>>>> C: 803-997-0004 <(803)%20997-0004> >>>>>>> >>>>>> >>>>>> >>>>> >>>>> >>>> >>>> >>> >>> >> >> >> >
