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121  Bitcoin / Bitcoin Discussion / Re: Adam Guerbuez claims some very big news is coming for Bitcoin this friday on: January 15, 2015, 02:11:16 AM
Yeah you're probably right.

He probably bought a shit ton and now wants to see some gains on it by pumping talk.

Thereby creating the "bottom" that is suitable for him, since he's done buying.

-B-
122  Economy / Speculation / Re: We missed the moon on: January 15, 2015, 02:09:08 AM
Bitcoin will come back again.

Next run will be powered by decentralized exchanges like coinffeine (for on-ramping) and bitshares (for trading). This wouldn't have happened without stamp, gox, and all the other continual fuck-ups by exchanges. Antifragile means we adapt and evolve.

We need to find a way to limit the behaviors of the day traders and whales and manipulators.  None of this shit would be happening without manipulation.

-B-
123  Bitcoin / Bitcoin Discussion / Re: Adam Guerbuez claims some very big news is coming for Bitcoin this friday on: January 14, 2015, 10:36:50 PM
He accurately announced the Bitstamp hack before it was public.

So he has some recent street cred.

-B-
124  Bitcoin / Bitcoin Discussion / Re: Adam Guerbuez claims some very big news is coming for Bitcoin this friday on: January 14, 2015, 10:29:29 PM


-B-
125  Economy / Speculation / Re: Bitcoin Suicide / Kill ? on: January 14, 2015, 05:34:17 PM
neo9436 is dead on, too much supply.

Which can also be phrased:   No incentive for consumers to buy and use Bitcoin.

The real problem is this.  The 'real problem' isn't the 3600 coins dumped by miners.

We are 6 years into this, and consumers still don't give a flying f** about Bitcoin, and have no incentive to buy it.

That is the real problem.  Lets focus on solutions for that instead of whining about the miners selling coins.

-B-
126  Economy / Speculation / Re: Are we being played? on: January 14, 2015, 05:14:11 PM

It looks like standard human emotions driving market behaviour. I don't think a nefarious manipulator is needed to explain anything, as tempting as it is to believe such things.

Human emotions about what?  Nothing happened. 100% of the people here and on Reddit were doing just fine 5 days ago.  Bitstamp back online, and all was well.  There was no horrible news.  All good news for the entire 2nd half of 2014 in fact.  There never is Horrible News when Bitcoin crashes.  Bitcoin is not a company, and the Bitcoin price is not a company stock.  Yet people *still* want to make Bitcoin Market a stock market, and apply to it all the psychological factors of a company stock.  There is no company.  And if the market was actually reacting emotionally to whats going on in the "company" of bitcoin, the price would be over $1,000 right now.  There has been nothing but good news, and growth in the infrastructure "out in the field".  So the claim that people are freaking out and bailing emotionally doesn't make sense to me at all.  This pool is very small, and very easily affected by large buys and sells.  When you see 1 entity repeatedly dumping $10,000 worth, knocking the price down a notch in 5 minutes, that says something.

There's a theory that this is BFS liquidating.  Or the alt coin hacker liquidating.  Or Bitstamp knocking the price down to get cheaper coins.

All of these are more feasible than some "traditional stock market" theory that down always means "loss of confidence".

Down almost never means loss of confidence with Bitcoin.  And up almost never means increased confidence either.

-B-
127  Economy / Speculation / Re: I predicted it on: January 14, 2015, 05:06:10 PM
people are buying and holding

its an exchange and mining war



People are not buying dont lie.
I just bought 50 coins this morning at $190.

-B-
128  Economy / Speculation / Re: Reason for the decline on: January 14, 2015, 04:57:32 PM
Here is all the research on it.

https://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/

-B-
129  Bitcoin / Bitcoin Discussion / Re: Who said the BTC price doesn't matter? BitPay announces layoffs on: January 12, 2015, 08:00:26 PM
One word:

Obamacare


suck it small businesses

"Dear Obama Hater - You Just Wasted a Decade of Your Life"

http://www.dailykos.com/story/2015/01/04/1355556/-Dear-Obama-Hater-You-Just-Wasted-A-Decade-Of-Your-Life

-B-
130  Bitcoin / Bitcoin Discussion / Re: Ross Ulbricht faces a potential life sentence starting tomorrow. on: January 12, 2015, 07:57:44 PM
You don't doubt that he's the mastermind yet you think he should get off easy?  He's a criminal that probably deserves to spend a very long time in prison.

You're addressing people who actually think anarchy is a viable social solution.  Good luck with that.   Grin
131  Alternate cryptocurrencies / Altcoin Discussion / Re: If Paycoin Succeeds, It Could Be More Dangerous Than If It Fails... on: January 12, 2015, 07:56:22 PM
Pretty sure its already been established that Josh is planning to break TOS for Amazon and other companies in order to "integrate" his solution.

This is a far cry from having a "partnership" with those companies.

Invest at your own risk.

-B-
132  Bitcoin / Hardware wallets / Re: What if the Trezor server got compromised? on: January 12, 2015, 07:54:46 PM
The private keys of your trezor never go out from it, and you can always check in its screen the transaction parameters to see if they are correct or not.

I have not seen yet any trezor hack.

Boy wouldn't it suck to find out one day that the Trezor devices were simply using wifi to transmit the information on them?

There are so many suspicious infommerical-sounding posts for the Trezor all over the internet right now, I really wonder how many are legit.

In my opinion, you have to be a complete idiot to trust your money to any electronic device, provided by any 3rd party, for any reason whatsoever right now.

Paper wallets all the way.

-B-
133  Bitcoin / Bitcoin Discussion / Re: 180 Coins Stolen From my wallet 1GpUcrJ1Zo6ZJWgw7HQT7nADijY5a3dcCh on: January 11, 2015, 04:30:42 PM
almost 7 fking years later, people still get their money stolen, this bitcoin has one huge flaw, nobody understands how to secure this shit, satoshi is a failure

Almost 129 fucking years later, people still die. This automobile has one huge flaw, nobody understands how to drive this shit. Benz is a failure.

More than 1 million fcking years later, homo sapiens still die of diseases. This race has one huge flaw, nobody understands how to not get sick. Science is a failure.

Well.

At least that last one is accurate.

Imagine if we poured 1.7 trillion dollars a year into ending aging instead of satiating Tea Party fucks need to bomb brown people?

-B-
134  Bitcoin / Bitcoin Discussion / Re: Too much hacking on: January 11, 2015, 04:25:18 PM
Please ignore the people here who lack awareness of non-technical people.

Ignore the armory suggestion and the Trezor spam that is saturating this forum and Reddit.

bitaddress.org - free, simple, instant, and 100% secure. 

NOTHING ELECTRONIC that you have to 'Trust' in.

-B-
135  Economy / Speculation / Re: The towel is in the ring. on: January 11, 2015, 03:53:59 AM
1)  Stop looking at the market price, dumb idiots

2)  Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.

3)  Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.  

4)  The Bitcoin Market has nothing to with whats going on -------> out there in the field.  In the ecosystem.

5)  The ecosystem is building its infrastructure.  Then will come consumer / enterprise adoption.  

6)  Then you will see a Bitcoin market price that is affected by its actual utility and use.

Not a day before.

Until then, the Bitcoin price has nothing to do with Bitcoin.  Its potential for success.  Nor its potential for failure.

Period.

-B-
136  Bitcoin / Bitcoin Discussion / Re: If Bitcoin fails.. on: January 09, 2015, 03:59:33 PM
I learned greed is basic characteristic of social people.

This may sound mean, but i've learned through the last 2.5 years that the vast majority of human beings are not intelligent.

Primarily through reading countless ignorant comments under Bitcoin news articles, friends, family, etc.

-B-
137  Economy / Speculation / Re: So finally it is what I researched. on: January 07, 2015, 07:39:03 PM
Quote
It's all about how Elliot waves (To his boyfriend?) and phases of the moon and when bitcoin passes by Mickey Ds for a quarter pounder, or was that crosses the MACD. Then when you can handle your teacup you get signals, or something like that.

 Grin Grin Grin Grin Grin

And don't forget:



-B-
138  Bitcoin / Bitcoin Discussion / Re: Who is Ali Shalib Nasrallah - Bitstamp hacker? on: January 07, 2015, 07:38:19 PM
Maybe someone doesn't like him and is trying to get him blamed for it.

-B-
139  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto is from Europe on: January 07, 2015, 02:54:35 PM
Is it possible someone would have a physical copy of the UK's "The Times" newspaper sitting right in front of them if they weren't in Europe?

(see signature)

Unless they also post it on their site...

-B-
140  Bitcoin / Bitcoin Discussion / Re: The First Bitcoin Country Club Is Now Open For New Members. on: January 07, 2015, 02:50:00 PM
Is this where the "Pretty sure we are the new wealthy elite gentlemen" will be hanging out?

-B-
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