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1021  Economy / Speculation / Re: I feel like leonardo di caprio today on: January 04, 2015, 06:16:06 AM
Remember BTC will always hold its value. 1 BTC will ALWAYS be 1 BTC ;p

same goes for the Dollar

1$ = 1$

smartasses  Tongue
1022  Economy / Speculation / I feel like leonardo di caprio today on: January 04, 2015, 06:13:27 AM
not wolf of wallstreet but TITANIC!





the permabull:

1023  Alternate cryptocurrencies / Altcoin Discussion / Re: Today i sold all btc and ltc on: January 04, 2015, 06:06:58 AM
... and more dump as we speak ...

this is the fucking TITANIC !!!

1024  Economy / Speculation / Re: Bounce from here on: January 03, 2015, 11:01:38 PM
OP is making these posts while secretly panicdumping
1025  Economy / Speculation / Re: continual selling until no more to sell on: January 03, 2015, 10:31:48 PM
after all industrial miners who are constantly dumping have dropped out due to bancruptcy it'll go up again then  Roll Eyes

between us: there's no end to the selling in btc and/or ltc
It's going to bleed and bleed and bleed

pos stinks too
1026  Economy / Speculation / Re: point of maximum pain on: January 03, 2015, 10:16:43 PM
Pain is strong now, capitulation incoming.

pahaha
that was in october

You're in 6 months all be like "capitulation is coming", "shake out weak hands", "this is the bottom"
when we are at 60$
1027  Alternate cryptocurrencies / Altcoin Discussion / Re: Very easy and clear sign to get out of a coin on: January 03, 2015, 06:31:05 AM
tell me, what's the reason for your pains?

Did you loose money on litecoin?
1028  Economy / Speculation / Re: Hypothetical price collapse and massive farms failure. on: January 03, 2015, 05:29:01 AM
certainly interesting ... need to get coldstorage more easily accessible right NAO!  Lips sealed
1029  Economy / Speculation / Re: Hypothetical price collapse and massive farms failure. on: January 03, 2015, 04:59:56 AM

In other words: slower transactions will cost more to send?

he talked about bitshares with 4-6 hours adjustement ... bitcoin would simply be sold off and abandoned if it came to that because 2016 blocks adjustement is two weeks - but only two weeks at normal blocktime. Get the spin?

Network would come to a halt most likely.

My question remains:
does any sudden and harsh drop in hashrate automatically cause this scenario to happen?

Is a single serious set-back in hashrate the end of BTC? Is it really that easy to knock out? OMFG!

What happens when a large pool with let's say 30% of the network has technical problems and just goes offline and hash isn't replaced fast enough? Bitcoin dead?

Looking for some answers here
1030  Economy / Speculation / Re: Hypothetical price collapse and massive farms failure. on: January 03, 2015, 04:39:07 AM

It wouldn't be weeks, each difficulty readjustment period is 2016 blocks regardless of how long each block takes.

fuck. haha

So an asic exodus would in fact mean it's done never to come back ... as difficulty adjustement will take much longer than 2 weeks - further sellofff, further dropout of hashpower and so on. In the end of it everybody stops mining because there's no sense in it ...

wait a second - does this mean any sudden and sharp drop in hashrate automatically kills bitcoin?
1031  Economy / Speculation / Re: The main problem in the Bitcoin ecosystem the real reason Bitcoin is plummeting on: January 03, 2015, 04:21:25 AM
agree with OP, yet presales aren't banned from the forum which are 99,9% to 101% scams

you buy your first coin(s) with hard earned money and loose it to scams - you're likely to show the middlefinger and leave.

Lots of people got wiped out by scams - possibly up to 50% or more of participants

----------

then you have some people delete their priv-keys. If they delete a lot they also say "*uck it"


---------

on top: prices goes down due to endless bleeding (inflation)


... can't make money with crypto now ...

1032  Alternate cryptocurrencies / Altcoin Discussion / Very easy and clear sign to get out of a coin on: January 03, 2015, 04:16:54 AM
When concerns and good ideas get ignored. Seen it time and time again.

Normally there's a reason behind that.

So when you see good ideas or valid concerns ignored: get out!
1033  Alternate cryptocurrencies / Altcoin Discussion / Re: What coins have okay volume & low amount of coins? on: January 03, 2015, 02:17:28 AM
^^^^

don't buy shitcoins with high pos from Igotaids

1034  Alternate cryptocurrencies / Altcoin Discussion / Re: How much has GAW/Josh stand to make from Paycoin? on: January 03, 2015, 02:08:42 AM

It is a good point though, in such an unregulated market what constitutes as fraud?

"Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain"
http://en.wikipedia.org/wiki/Fraud

only because the market is not regulated doesn't mean fraud couldn't happen or wouldn't be punishable or even allowed. Many have missconception. Talking to your lawyers is recommended.
1035  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC Needs to be replaced (Someone please develop *KILLER* coin for Scrypt ASICS) on: January 03, 2015, 01:58:38 AM
fail-thread is a fail

1036  Economy / Speculation / Re: Hypothetical price collapse and massive farms failure. on: January 03, 2015, 01:47:25 AM
Perhaps the current price decline was manufactured by large farms for the very purpose of lowering difficulty and extending their hardware life-cycle?

no, i don't think so. It's built in with the inflation and also some early investors taking profits of course after 100000% profit ...
1037  Economy / Speculation / Re: Bitcoin's Bastards on: January 03, 2015, 01:34:09 AM
Early holders creating artificial scarcity, price jumps due to limited supply, illiquid markets and exchanges painting the tape, slow price dumps with many bulltraps on the way down...


this is actually a good observation because that's what really happens.

well, at least we know our permabull-friends now and where they are coming from after this bearmarket Wink
1038  Economy / Speculation / Re: Bitcoin's Bastards on: January 03, 2015, 01:28:05 AM

People saying red flag is a red flag. Who do you work for and what is your purpose here? Tongue

Does critical thinking make me suspicious?

 Cheesy

It's no sheep - he must have an agenda!  Cheesy

no, i have just seen enough in crypto to not fall for hype and promises. I want to see stuff actually work before i believe it does.

Only because stuff is praised by some blogs doesn't mean it's good.
1039  Economy / Speculation / Re: Bitcoin's Bastards on: January 03, 2015, 01:22:08 AM


I'm the anti-hype. Trust me...

people saying 'trust me' is a red flag  Tongue

 Wink  Cheesy   Grin
1040  Economy / Speculation / Re: Bitcoin's Bastards on: January 03, 2015, 01:19:18 AM
This is all very interesting. I propose we take this to the Sidechains thread: https://bitcointalk.org/index.php?topic=831527.0

i have seen that. I think it all has been said in there already ....

I'm not entirely certain I like the idea either. But it IS interesting. They seem eager to adopt zerocash for example

it is certainly interesting but i think hype is unnecessary or even morally wrong. There is so many unknowns and things that can go wrong...

Zerocoin has his own array of problems... mainly trust-problems. That's another topic alltogether.

It IS interesting BUT fundamental changes to bitcoin should not be taken lightheartedly - especially with brand new stuff.
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