Bitcoin Forum

Economy => Speculation => Topic started by: bittenbob on December 19, 2011, 03:27:01 AM



Title: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 03:27:01 AM
Major world news so it could potentially have an impact on the market. Il was very famous for his anti-american sentiment but is yet another in a long line of international dictators to kick the bucket recently. Im thinking no but it would be interesting to see news items that came out around major market moves tied in with bitcoin prices over time like google finance does with stocks.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: grue on December 19, 2011, 03:31:47 AM
Quote from: wikipedia
Kim Jong-il (pictured), the Supreme Leader of the Democratic People's Republic of Korea, dies at the age of 69.
lol parts highlighted


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 03:33:32 AM
I beat The Canadian Press on reporting on his death lol. This should be interesting to gage the response since people will just be finding out around the world and we should be able to see what if any impact there is on the market.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: JohnOliver on December 19, 2011, 03:42:20 AM
I'm gonna side with the poll and say there will be no effects whatsoever.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 03:44:43 AM
So far I havent seen it move once. Give it a few more hours and I will close the poll and say it had no effect.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: tiberiandusk on December 19, 2011, 03:48:18 AM
$50 by tomorrow morning. :P


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ineededausername on December 19, 2011, 03:49:23 AM
The only way this has an effect on prices is if KJI mentioned Bitcoin in his will :P


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: terrytibbs on December 19, 2011, 03:54:57 AM
I'd like to know what everyone's favorite South Korean thinks!

Matthew?! Where are you?


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 03:57:37 AM
I'd like to know what everyone's favorite South Korean thinks!

Matthew?! Where are you?

Would be an interesting time for the south to invade the north. I think if its going to happen it has to happen soon before kim jong un has the chance to immortalize his image like his father did.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ArsenShnurkov on December 19, 2011, 04:04:35 AM
The only way this has an effect on prices is if KJI mentioned Bitcoin in his will

Then his will should be immediately fabricated and disseminated by bitcoin activists :)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 04:17:34 AM
We did get a bit of a bump just now lol. Related? Probably not.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 04:20:48 AM
More than a bump now. Seems the price stagnation may have ended.... just like Kim Jong Il's rule  :P


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: Cluster2k on December 19, 2011, 04:26:36 AM
Kim Jong Il's death will have absolutely no effect on bitcoins, unless the new Dear Leader chooses to detonate a nuke or two to show he's top dog.  Very few North Koreans have access to the Internet, and hence no bitcoins, so no demand from there either.

I predict DVD sales of Team America: World Police may rise a little however.  Ronery, so ronery.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: notme on December 19, 2011, 04:27:44 AM
More than a bump now. Seems the price stagnation may have ended.... just like Kim Jong Il's rule  :P

Meh... It's already back in the bands.  Welcome to a liquid market.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 04:35:06 AM
I just bought 5 thousand coins.. its going up up up!

:)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: naima53 on December 19, 2011, 05:03:36 AM
I just bought 5 thousand coins.. its going up up up!

:)
Not truth... (http://i4.imageban.ru/out/2011/12/19/f02dec1fa385fe9024985229d82ec312.jpg)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 05:05:12 AM
hey, can I have a non demo of sierra charts ? :)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: naima53 on December 19, 2011, 05:10:11 AM
hey, can I have a non demo of sierra charts ? :)

Equally well the demo and not a demo works :)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 05:17:30 AM
hey, can I have a non demo of sierra charts ? :)

Equally well the demo and not a demo works :)

 ???


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: naima53 on December 19, 2011, 05:25:24 AM
hey, can I have a non demo of sierra charts ? :)

Equally well the demo and not a demo works :)

 ???
When the demo - the period comes to an end, Forex ceases to work only... And remaining depends from sierrachartfeed-0.4 :D


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 06:13:35 AM
hey, can I have a non demo of sierra charts ? :)

Equally well the demo and not a demo works :)

 ???
When the demo - the period comes to an end, Forex ceases to work only... And remaining depends from sierrachartfeed-0.4 :D

Mine ceased to work.. :(


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: naima53 on December 19, 2011, 06:18:53 AM
hey, can I have a non demo of sierra charts ? :)

Equally well the demo and not a demo works :)

 ???
When the demo - the period comes to an end, Forex ceases to work only... And remaining depends from sierrachartfeed-0.4 :D

Mine ceased to work.. :(
delete mtgoxUSD.scid and/or Reinstall SierraChart


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: JohnOliver on December 19, 2011, 06:39:57 AM
The number of data points might be limited, but we can still safely conclude that dead dictators leads to higher bitcoin prices. Who wanna take one for the team and fly a cessna into Castro's mansion?


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 06:44:07 AM
Shhhhhh... your going to spill the beans..


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ThomasV on December 19, 2011, 08:21:43 AM
http://www.youtube.com/watch?v=VJNBfBr-OGU


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: notme on December 19, 2011, 08:26:41 AM
http://www.youtube.com/watch?v=VJNBfBr-OGU

lol


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bb113 on December 19, 2011, 08:45:31 AM
Quote
That's pretty Koreagraphy but it lacks Seoul.

holy shit


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 19, 2011, 08:47:10 AM
Kim Jong Il is Dead.

Long live Kim Jong Il !!!


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: Cluster2k on December 19, 2011, 09:05:07 AM
Kim Jong Il is Dead.

Long live Kim Jong Il !!!

Oh don't worry, the cult of personality will ensure he lives on for a very very long time.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 19, 2011, 09:25:21 AM
Kim Jong Un has just announced his intension to peg the NK won to bitcoin!


http://www.sciencemag.org/content/330/6001/161


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: coin_toss on December 19, 2011, 09:28:50 AM
RIP Kim Jong Il you will be sorely missed (but only by Kim Jong Un)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: cbeast on December 19, 2011, 11:31:22 AM
Kim Jong Un has just announced his intension to peg the NK won to bitcoin!


http://www.sciencemag.org/content/330/6001/161

Kim Jong Il was The Manipulator!


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: BCEmporium on December 19, 2011, 11:43:59 AM
For the OT: None. Who cares for N. Korea unless the poor souls which have to live there?! Maybe one day it can become a touristic place under the slogan "Live and Feel like in the 1950's Soviet times".

A good movie for his trip to hell: http://www.youtube.com/watch?v=KUV3j0K-4OA  ;D


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: old_engineer on December 19, 2011, 12:42:43 PM
If you ever wonder how backwards North Korea is, this image says it all:
https://upbynoon.files.wordpress.com/2010/09/korea_night1.jpg


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: Cluster2k on December 19, 2011, 01:42:54 PM
If you ever wonder how backwards North Korea is, this image says it all:
https://upbynoon.files.wordpress.com/2010/09/korea_night1.jpg


Maybe North Korea is just leading the world in super efficient lighting and energy conservation, by switching off all power  :D

People are scrambling across the borders into North Korea to live in Kim Jong Ung's glorious worker's paradise!


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: NamelessOne on December 19, 2011, 01:47:21 PM
Clearly... the death of Kim Jong Il has led to a massive rally. We must encourage other dictators to die.

Dictator+Death = Bitcoin rally!

 :D ;D :P


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 05:31:37 PM
I have now locked voting. It would appear it has had some effect on the market but it is too hard to tell. Very interesting if it is what caused the big move though.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: Mushoz on December 19, 2011, 05:37:30 PM
I have now locked voting. It would appear it has had some effect on the market but it is too hard to tell. Very interesting if it is what caused the big move though.

Illusory correlation.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ineededausername on December 19, 2011, 05:41:23 PM
Clearly... the death of Kim Jong Il has led to a massive rally. We must encourage other dictators to die.

Dictator+Death = Bitcoin rally!

 :D ;D :P

Yep... back when Gaddafi died on 20 Oct he started a rally all the way to 3.85 ;)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: NamelessOne on December 19, 2011, 05:46:11 PM
And of course how could we forget Osama Bin Laden. His death likely set off the May/June rally when he was killed on May 2nd. We can thank that bastard for the $32 peak!  :P


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 19, 2011, 05:58:21 PM
as well as the political assassination of Dominique Strauss-Kahn, former MD of the IMF until 18 May after his arrest on rape charges in New York, 14 May 2011.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 19, 2011, 06:19:14 PM
http://www.tumblr.com/photo/1280/10247317653/1/tumblr_lrkxdvIAi41qewv1l

Some dead guy left, Kim Jong-un, right.

http://kimjongillookingatthings.tumblr.com/page/4


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: JohnOliver on December 19, 2011, 07:50:16 PM
  • Fidel Castro
  • Than Shwe
  • Hu Jintao
  • Robert Mugabe
  • Prince Abdullah
Now that we solved the difficult question of "What makes BTC prices go up?", the rest is easy. We just have to take out these five human trashes. Should we spread out the assassinations over a few months or just kill them all in the same day?



Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ineededausername on December 19, 2011, 08:46:44 PM
  • Fidel Castro
  • Than Shwe
  • Hu Jintao
  • Robert Mugabe
  • Prince Abdullah
Now that we solved the difficult question of "What makes BTC prices go up?", the rest is easy. We just have to take out these five human trashes. Should we spread out the assassinations over a few months or just kill them all in the same day?



lol!  If you do it in the same day there might be a mega-rally up to $100 in one day.  I vote same day xD


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: StewartJ on December 19, 2011, 09:02:12 PM
Kim Jong Il confronting U.N. Weapons Inspector Hans Blix:

http://www.youtube.com/watch?v=fSXNJMP8ir4





Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 19, 2011, 10:40:08 PM
Kim Jong Il confronting U.N. Weapons Inspector Hans Blix:

http://www.youtube.com/watch?v=fSXNJMP8ir4





LOL I just knew without clicking on it that it was Team America. This movie is what I think of every time I think of Kim Jong Il as stupid of a movie as it was.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: teflone on December 19, 2011, 11:01:49 PM
Awe-wic Ballwan!


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: StewartJ on December 19, 2011, 11:52:51 PM
Kim Jong Il confronting U.N. Weapons Inspector Hans Blix:

http://www.youtube.com/watch?v=fSXNJMP8ir4


LOL I just knew without clicking on it that it was Team America. This movie is what I think of every time I think of Kim Jong Il as stupid of a movie as it was.


Durka, Durka.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: rampone on December 20, 2011, 05:00:14 AM
4 big "dictators" in one year: gaddafi, Osama, Kim Jong Il, Steve Jobs


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: ineededausername on December 20, 2011, 05:04:10 AM
4 big "dictators" in one year: gaddafi, Osama, Kim Jong Il, Steve Jobs

lol... expanding the definition are we


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: bittenbob on December 20, 2011, 05:06:08 AM
Now all we need is Heir Harper to go up here in Canada. We wouldn't be so lucky.

Mubarak could still die by the end of the year though.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: rampone on December 20, 2011, 05:07:21 AM
Actually I am too lazy. and i see bitcoincharts is down to correlate those 4 events with btc.. ahem only 3 events  need to be checked actually ;)


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: coin_toss on December 20, 2011, 05:45:43 AM
bitcoin charts has probably never seen so much traffic


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: FlipPro on December 20, 2011, 05:46:13 AM
Are people scared at this new "instability"? WTF is going on?


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 20, 2011, 05:53:23 AM
Premature speculation.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: coin_toss on December 20, 2011, 06:02:37 AM
Are people scared at this new "instability"? WTF is going on?

I'm not scared, because its not really 'new.' Looks like exactly what happened mid 2011 to me.


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: cypherdoc on December 20, 2011, 06:11:56 AM
Are people scared at this new "instability"? WTF is going on?

yes, according to a bunch of people around here, this price volatility, even if its straight up is BAD for merchants despite the fact that they won't know what to do with all that money!


Title: Re: Kim Jong Il is dead. Will it have an impact on BTC prices?
Post by: netrin on December 20, 2011, 05:52:01 PM
http://www.ournation-school.com/

http://translate.googleusercontent.com/translate_c?act=url&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ko&tl=en&twu=1&u=http://www.ournation-school.com/app/cont/12-20-09.htm&usg=ALkJrhhdpusjbV76RwXfbYQsHVj7pR-Qjg

Ideas and achievements of the great Comrade Kim Jong Il is going to immortality

(December 19, Pyongyang KCNA) -

Code:
Now the whole country of ten million county breast breasts poignant
nostalgia for the Great Leader Comrade Kim Jong Il and pious memories
are locked.

Gunjangbyeong entire people and the people prosperous and the country's
Thriving in the immortal achievements of mankind gained jajuwieop olrisin
like to salute the noblest of the great Kim Jong Il dongjikke him forever and
look up high all along the leadership of Comrade sigo eun feat gear tooth
stiffness national construction completion haenagal is full of fiery determination.

I stand for the revolutionary cause of Juche Korea after a brilliant move
forward by a strong political and military ground is hard for the country
and the nation's dajyeojyeo odds and a firm foundation for prosperity is
a fail-over.

With all due respect, the revolutionary cause of Juche by Comrade eun
succession stand in the van of complete neo.

Eun-minded leaders is a great way of general ideas and the ever-victorious
revolution and construction of the highways will lead us to a theory with an
outstanding history, Ishida ryeongjang bulsechului Songun.

Units of the revolutionary cause of Juche and Comrade eun makes a
succession followed the complete life's mission afterlife haneungeot
right sigo

The most familiar of the great Comrade Kim Jong Il, the most loyal
comrades over a DA is always at the forefront of the revolution and
construction along with him was a revelation.

With all due respect, the idea of eun-minded spirit and intent of the
upcoming Dear Sir, sir, and the meaning of leadership is the way
forward-we come to the city of revolution and construction is the
most sensible approach. His greatest revolutionary of his conviction
and commitment, sir, in the guts once and for all the imperialist
machinations of reactionary jitbu positioner was dumping. Dear Sir,
if a place with the People's Army soldiers find it anywhere in the
forefront of the revolutionary army of thy jikyeoseon our most
wiryeokhan battle ranks, the Mt revolution was coming to develop
ganggun strengthened the country's largest force in strengthening
the national defense by leaders who place it in his country's sovereignty
and socialism, the welfare of the people being kept firmly in the DPRK
as an invincible dignity and majesty of the military powers are
renowned more powerfully.

With all due respect, sir majestic noble-minded socialist eun
Lee Award logo in order to realize the sacrifice Oh great
cardiovascular and wonders in the land title and engaged in
reality.

Season one year to improve people's living revelation in the street
while a local map of general higher mean everything to realize the
army and the people-oriented motivations will lead us, we had to.

Had in mind last week, especially dangdaepyo party as to gwancheol
Party, army and people to call jeonmin powerfully raise the rent more
than our own revolutionary-minded unity of the world, strengthen and
daehyeoksin on all fronts of socialist construction, contrast, was
nearly inevitable do.

The days of our army and people Dear Comrade Kim Jong Il's idea
and endlessly loyal to the cause of your comrades you're eun
respected sir, a great will of the revolutionary cause of the immortality
jinige slapping has become the same faith.

The Great Leader Comrade Kim Il Sung eun's leadership pioneered by
your Great Leader Comrade Kim Jong Il led to the victory stand after
coming to the revolutionary cause of Juche succeeded brilliantly to
finish so we could do is to guarantee deterministic.

Our army and people of the Great Leader Comrade Kim Jong Il forever
 look up high all along sigo eun leadership of Comrade General,
advocates of the immortal revolutionary achievements gyeongyeolhi
sticks are plucked than gracing the sacral million units.

Annals of the Great Leader Comrade Kim Jong Il and the immortality
of the sacred revolutionary achievements of the revolution by the
esteemed Comrade eun will shine long in history reveals the country
is over.