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1001  Bitcoin / Bitcoin Discussion / Re: Expedia Accepting Bitcoins on: July 01, 2014, 10:41:01 PM
Now that bad news is gone with the auction. We can finally focus on good news such as this.

wrong. the auction was good news - it was a litmus test to see how big and interested the whales are. i am pretty sure the coins sold at over spot value.
1002  Other / Archival / Re: The mystery begins.. on: July 01, 2014, 10:39:11 PM
for 5 years everyone was shouting out to the government that bitcoins should stay anonymous,

for decades everyone was shouting out that  the government should not hand out private info of citizens financials /private life...

...
now everyone wants to know who owns specific bitcoins and wants government to release financial info of private citizens...

it's the reason why i think the majority of bitcoiners are in it for themselves, even though some may say "we just want a better world." wanting wealth for yourself is just human nature.
1003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2014, 10:36:31 PM
One buyer is very bullish.  It means the sale price was likely higher than most anticipated.
It means only that one buyer with deep pockets was less greedy than all the others.  They may all have bid at 475$, and he bid 480$  Grin

EDIT: typo, 460 --> 480

yeah right that is what happened..

oh and yeah other financial crisis are also comparable to the situation the worlds economies are in now

not.

i think he still doesn't get it.. if you want to buy 30k bitcoins, from an exchange, then it would cost you a lot more than $600 (spot price around that time) to get it.
1004  Other / Off-topic / Re: How you Use Your Laptop?? on: July 01, 2014, 10:28:23 PM
eh laptops are disappointing.. more expensive now, and there's always some sort of flaw that makes it a pain. i like my current laptop, but it's too big considering it's a 13.3 "ultrabook."

I've never had a problem with my laptops being too big. But they are getting more expensive and becoming a pain to replace and they are more prone to drops and bangs because they are portable.

my laptop is a 13.3 ultrabook but it's probably bigger than a regular 14" ultrabook.. it's a nice machine though, but just too heavy and big to be convenient.
1005  Other / Off-topic / Re: FBI U.S. Marshals Auction Prices Leaked! (Bullish) on: July 01, 2014, 09:57:15 PM
The coins just moved.  All of them to one address.  It looks like one entity bought them all.
Yep
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/

if it's just one guy, then i am pretty sure the bids were over spot. they probably have some sort of plan set in place.. i mean, $18+ million was spent on bitcoins. you don't make that kind of play without having a plan to profit.
1006  Bitcoin / Bitcoin Discussion / Re: US Marshals: One Auction Bidder Claimed All 30,000 Silk Road Bitcoins on: July 01, 2014, 09:12:30 PM
If this bidder paid above market price then he has an incentive to tell us what the price is.

If he paid below market price then he has an incentive to keep the price secret.

Losing bidders all have an incentive to keep their bids secret until they can acquire some more bitcoins.

yeah pretty much.. we've already had a few bidders who went low and ended up losing and posting their numbers though, i think. i think the under-spot bidders can be marked off as people who were just looking to score a few cheap coins and were not really all that serious about putting money into bitcoin though.
1007  Other / Off-topic / Re: FBI U.S. Marshals Auction Prices Leaked! (Bullish) on: July 01, 2014, 08:59:46 PM
it's kind of funny because if 1 guy started dropping millions into the exchanges, then the price would skyrocket.. and now if 1 guy buys a lot of coins off-market, like via this auction, the price will also skyrocket if the details on the numbers go public. though it's still probably cheaper than buying from the exchanges.
1008  Other / Off-topic / Re: FBI U.S. Marshals Auction Prices Leaked! (Bullish) on: July 01, 2014, 08:52:11 PM
probably just FUD. it's easy to "leak" some sources just to stoke the crowd into a bitcoin buying frenzy.
1009  Bitcoin / Bitcoin Discussion / Re: US Marshalls auction SilkRoad bitcoins on: July 01, 2014, 08:48:53 PM
i'm guessing the winning bidder went over spot.. was probably around what it is right now at $650. a lot of people are paying attention to the whales to get a feel for the consensus of what they're willing to spend, and if it turns out to be $650, then bitcoin will jump to that price.
1010  Other / Politics & Society / Re: Is the US press really that free? on: July 01, 2014, 08:43:52 PM
one way i see china as being different from the U.S. is that in china, the government controls everything (including commerce). in the U.S., it's an oligarchy where corporations and billionaires run the government.

china controls its media outlets by shutting their mouths with an iron fist, while the U.S. does it by marginalizing the peoples' collective voice.
1011  Other / Off-topic / Re: How you Use Your Laptop?? on: July 01, 2014, 08:24:27 PM
eh laptops are disappointing.. more expensive now, and there's always some sort of flaw that makes it a pain. i like my current laptop, but it's too big considering it's a 13.3 "ultrabook."
1012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2014, 08:06:24 PM
damn, i wish there were more transparency.. all 29k coins changing to one address .. sounds like one giant whale wanted to give a big fuck you to everyone else.
1013  Bitcoin / Bitcoin Discussion / Re: ashton kutcher talks about bitcoin, again on: July 01, 2014, 06:00:37 PM
i don't doubt that ashton kutcher wants bitcoin to succeed. i just don't know the reasons why he wants it to. i'm not really a fan of his either, since he is more of a celebrity than he is an actor.
1014  Bitcoin / Bitcoin Discussion / Re: Kuwait finance firm suggests trading oil in bitcoins on: July 01, 2014, 05:54:32 PM
this makes me think that if putin really wants to give a "fuck you" to the US, then he'll possibly try to implement this. i think he's already made an agreement to trade in chinese yuan though. if that happens, though, it might turn the US government against bitcoin.. since oil is a really, really big industry.
1015  Other / Off-topic / Re: How you Use Your Laptop?? on: July 01, 2014, 05:26:40 PM
it goes in my living room, to watch tv shows/movies via widi.. and to browse when i'm watching tv.
1016  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2014, 05:23:17 PM
could the recent run-up have been anticipation for newegg's announcement? over a month ago, i remember bitcoin being around the mid 400's.. then it suddenly ran up to 680ish, went back down, and now it's sitting at 650ish.

also timing factors in.. newegg announced this right after the US marshal auction.. was that planned?
1017  Bitcoin / Bitcoin Discussion / Re: NewEgg accepting BTC! on: July 01, 2014, 05:20:22 PM
since this news came out, bitcoin hasn't really gone up much, which leads me to think the recent run-up prior to newegg's announcement = insider info speculating on newegg and not because of the marshal auction.
1018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2014, 04:26:28 PM
so do you guys think this recent bump was from the newegg guys who have insider info, or does it have to do with the marshal auction? i personally think it has more to do with newegg.
1019  Bitcoin / Bitcoin Discussion / Re: New Egg accepting BTC? on: July 01, 2014, 08:46:35 AM
so that explains why the price drove up 50 dollars today... insider information. probably doesn't have that much to do with the marshal auction.

this is pretty big news though.. much bigger than tirgerdirect accepting it. i think newegg has the clout to push the ball along.
1020  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 01, 2014, 06:13:11 AM
faucets are ridiculous man.. every hour you get a chance to earn less than 1 penny. i did it for 2-3 days or something like that, and ended up with 3 pennies worth of bitcoins.

Yeah, but wouldn't you wish to have earned a few pennies worth of btc a few years ago and the forethought to have kept them? Wink

Anyway, as others suggested, the good thing about faucets is that they allow people who are relatively new to this to earn enough to start playing with it; you won't get rich with it, but that was never the point.

sure, but i'm not quite sure if bitcoin still has enough to grow 10,000% from what it is today. if it were possible, it'd be like 1 cent = 10 dollars. so it'd probably take me a day or two to earn 10 bucks, if bitcoin were to increase by 10,000%.
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