Astro Labs US Dom and Intl SRC

I have many threads on bit read it. But here it is simple get coinbase account buy your coins. Then get a block chain wallet to make transaction it uses coin jar so it mixes all your coins with other users coins so you can not be tracked. Make sure that the coins you purchase to make a purchase is close to the same time span so you dont have to worrie. About fluctuations of you coin worth.
 
Yea because it only has gone from 330 to 285 back to 330 the past 48 hours. It was just 365 Friday and 285 Sunday morning. Depending on how fast you got your transaction done you could of lost as much as 20-25% of value. This currency does not work for me as far as using it for commerce.
 
ok now im scared..it seems every time I try to learn and understand bit a big wrench gets tossed in and im back at square one..lol ill get it
 
Im so happy to see astro back in the game this thread was depressing me not because the man was getting his shit together but the dam postings.i had to peek in every once in a while to check in but I couldent stay to long or I would start to twitch
 
@Voltrader that's the exact reason I will not use it. Anyone know why it's so volatile?
Even though I like the concept of Bitcoin and truly a fan it has to become accepted for one. I think the big problem is speculation there are several large BTC trading firms that have built algo's for trading principles and taking advantage of large block sell and buy orders from long term holders of BTC. IT is a very illiquid market which basically means trading imbalances can happen quickly if there are a large group of sellers and no "market makers" required on the buy side they can just drive down or up prices quite easily.

This quote from a manager in Singapore sum's it up

Price declines over the weekend are unlikely to deter investors, said David Moskowitz, director at Singapore-based bitcoin trading firm Coin Republic.

"I think the price is really irrelevant to the technology. Obviously it hurts investors when the price goes down but most people who are buyers are in it as long term investors and can withstand the short term gyrations," he said

See this is not a currency but a investment in technology. Which tells me BTC might not be the answer something else will come along. Most players see it this way and as long as this is the view it will be hard to tame the volatility. MOst players in the BTC market DO NOT LOOK AT IT AS A CURRENCY.

Lastly @pumpingiron22 do you know how many bitcoins are left to be mined. I do not think we will see the prices settle until they have mined all the coins.

Throw Paypal in there and hopefully some other companies jump in but until it settles down the average or even not so average has any desire to use it fore commerce. Then it is no longer an investment. So first the bottom feeding traders have to leave the BTC market and with this volatility it is a traders dream or nightmare.

Best short answer I could give. All opinion though. My computer savvy friends beg to differ but they love the technology and have very little understanding of currency that is where I come in.:) I have done well trading this sucker. I have a wallet and I will probably dabble in some purchases with it but I will try to buy them low and make my purchase higher I do not suggest this for the average guy.

Honestly we would all embrace it if it wasn't for volatility. Who doesn't want to make their supplement purchases from their desk.
 
@Voltrader and @pumpingiron22, you guys both are spot on. Iron I appreciate all the effort in trying to keep us safe and show us how to use bitcoin and vol is also on the money with why they shouldn't be use as currency at this point (but that's my opinion) Thanks to both you guys
 
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Guys please check just because payment was sent doesnt not mean it was collected so make sure you check that before you say your pack hasn't shipped. Between the email and shipper we had a lot on our hands. Everyone is or will be taken care of NICELY ASTRO DONT FUCK AROUND! I HOOK SHIT UP!!!

:) i concur!!!!!!!!
 
For even a hardcore juice user bitcoin is just to much it would be like saying i dont want cash id rather get paid in stocks or gold, which even they seem to be more stable then this. With all dieting working out cooking then general life shit this just over complicates things.
 
I have many threads on bit read it. But here it is simple get coinbase account buy your coins. Then get a block chain wallet to make transaction it uses coin jar so it mixes all your coins with other users coins so you can not be tracked. Make sure that the coins you purchase to make a purchase is close to the same time span so you dont have to worrie. About fluctuations of you coin worth.

Here's the jacked part: I bought my BC and then immediately transferred them to my Blockchain wallet. I lost $5 in the transference that only took less than 5 mins. Then, I got charged $10 because the exchange classified the transaction as a cash advance on my credit card, as well as jacking up my interest rate because of the transaction type they reported.
 
Here's the jacked part: I bought my BC and then immediately transferred them to my Blockchain wallet. I lost $5 in the transference that only took less than 5 mins. Then, I got charged $10 because the exchange classified the transaction as a cash advance on my credit card, as well as jacking up my interest rate because of the transaction type they reported.
Really? Thats horrible until the market is more stable i highly doubt any other placess will focus on this type of payment cause theyll loose money to.
I think in like 5-10 yrs this will be every where but for now to unstable.
 
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