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1221  Economy / Speculation / Re: Permabull Party Thread on: March 29, 2015, 01:50:47 PM
There will be no slow and understandable rise. 
 
Last rise to $1k was individuals. 
 
The next rise will be institutions, and governments will be forced to capitulate. 
 
We are witnesses to one of the most historic moments in the human race, and we all have prime seats. 
 
It's a mistake to believe that bitcoin will be rationally priced as a fair percentage of the economy it represents...  What will happen is that irrational bags of meat will lose their fucking minds and drive the price of bitcoin to absurd values. 
 
And I'm already here, MJ popcorn gif style.

Exactly. We can rationally see that if bitcoin was used everywhere in the world then 1 bitcoin should cost 1 000 000$. however, people are not rational so they get greedy and drive the price 10x higher than it's real value is. I wouldn't be surprised to see 1 bitcoin costing 10 000 000$.
1222  Economy / Speculation / Re: Is 2015 The Year? on: March 29, 2015, 12:08:28 AM
I think it will rise in price quite a bit by the end of this year, but it will never reach the $1000 it once was.

Why not? Nasdaq and nyse are on the sidelines, waiting to throw money at Bitcoin. Next rise could very likely be orders of magnitude bigger than the previous rise.

I'm not saying we will see 6 digits, but I wouldn't be surprised if we did.
exactly. we've already seen 1,2,3,4 and 5 digits. the next big thing can only be 6 digits. simple logic. easy money.

oh wait... we haven't seen 5 yet.. then 5 will be next.
1223  Economy / Speculation / Re: Permabull Party Thread on: March 28, 2015, 11:52:50 PM
The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.



Also, many sellers will remove their sell orders when they see a parabolic rise, which in turn will accelerate the rise.
1224  Economy / Speculation / Re: Permabull Party Thread on: March 28, 2015, 11:50:33 PM
Speaking of bears...



...they get fried, when messing with Bitcoin.
1225  Bitcoin / Project Development / Re: The Great Bitcoin DooM Tournament on: March 27, 2015, 09:29:05 PM
I advocate Brutal Doom Mod on the Zandronum engine.

Sounds good, I never heard of Zandronum, I used to play a bit of skulltag though.

i'm still playing this classic beast, one of the best shooter for me, but i prefer it could be done with gzdoom

i'm definitely interested

Good to hear! GZDoom is nice, Especially for mapping Smiley

Zandronum used to be skulltag but then they renamed or something for some reason.
1226  Bitcoin / Project Development / Re: The Great Bitcoin DooM Tournament on: March 27, 2015, 02:50:27 PM
I advocate Brutal Doom Mod on the Zandronum engine.
1227  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CryptoGraffiti - Block Chain Message Encoder & Decoder on: March 27, 2015, 02:43:51 PM
I am aware that storing things on the blockchain has been possible for a long time and it is probably already being abused for things I mentioned about. But it kind of is not very widely known and perhaps it's best if we could keep it that way...
Seriously, if the press will pick up on what crap can or is already stored on the blockchain it's goodbye bitcoin.
I have no fear that coercive authorities will try to make bitcoin go away.  Of course they will. They will fail too.  It is in the nature of coercive authorities to attack so much that is good that the rest of us withdraw whatever support we've been providing them and then their regime crumbles.  Thanks be to Satoshi.

For those wanting to see messages directly in the blockchain, a better hex-to-ascii converter is available at http://www.rapidtables.com/convert/number/hex-to-ascii.htm

The press has just picked up on what crap can or is already stored on the block chain Cheesy
http://www.forbes.com/sites/thomasbrewster/2015/03/27/bitcoin-blockchain-pollution-a-criminal-opportunity/

edit:
Although it does not contain any direct links to http://cryptograffiti.info , it does feature paystamper.com which is also a web service that I have developed ( see http://cryptograffiti.info/paystamper/ ).
1228  Economy / Speculation / Re: BTC is like a bible book on: March 27, 2015, 12:42:28 PM
i can see comparing it in the way of jesus coming with the bibble(satoshi coming with bitcoin), but the problem is that satoshi could be more than one person

Christians believe in the bible, like early adopters believe in bitcoin, it can make sense i suppose  Cheesy

Christianity and Islam have done a "great" job making everyone believe that we have been created by something or someone. If we have been created then there must be a supreme creator, right? We came to this world by the hands of the supreme creator and we must be humble and thankful for it. That way of thinking automatically gives way to monarchism and the foul pyramid of masters and slaves.

But here's another way to look at things --- we didn't come to this world, we came out of this world similarly to a tree coming out of a seed. We are the Big Bang (assuming that there was such an event). According to that, we must govern ourselves instead of letting someone to govern us. Bitcoin --- being decentralized --- ideally fits into this way of thinking. This is it, bros, block chain is the new paradigm not only in computer science but in religion too! It's a proof of concept that we can live without rulers.
1229  Economy / Speculation / Re: If btc -> moon and you no longer need to work, what will you do with your time? on: March 26, 2015, 09:27:16 PM
legalize weed & lsd

 Kiss



& dmt
1230  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CryptoGraffiti - Block Chain Message Encoder & Decoder on: March 26, 2015, 08:18:13 PM
http://cryptograffiti.info/?txnr=2949



JPG image decoding is now supported by cryptograffiti.info! The screenshot above features a small 16x16 jpg image that is saved in the bitcoin's block chain. Image encoding functionality is coming soon. We just need to rewrite some code for the website.

If you are a programmer and already want to save your jpg images in the bitcoin's block chain then you must construct a raw bitcoin transaction that can contain duplicate outputs so that the whole jpg will be in the same transaction. Your change address must be at the very end of the jpg byte sequence. If you do that, then your jpg will be compatible with cryptograffiti and we can display it on our web page.
1231  Economy / Speculation / Re: Is 2015 The Year? on: March 25, 2015, 11:09:24 PM
Warren Buffet is a decrepid old man. The best investment of all times would have been to register domain names back in the early 90's. Warren Buffet has no idea about technological breakthoroughts because he doesn't know how to use a computer. He's hanging around with Floyd May or not Mayweather those days, enough says.

+1
he's an old fart who should just shut up and start wrapping up his shit on this planet before he leaves it

2015 target: 17 777$ per bitcoin

maybe in the alternative universe...but it is OK to contemplate such things

with BTC at 17777, it's market cap would be ~259.5 bil (with ~14.6-14.7 coins by the end of the year) and implied market cap (based on 21 mil coin)-$373 bil-a size of Google or 1/2 of Apple.



yes, and I'm choosing that alternative universe.
1232  Economy / Speculation / Re: Is 2015 The Year? on: March 25, 2015, 09:46:34 PM
2015 target: 17 777$ per bitcoin

seems nice Cheesy and everyone becomes a millionaire

You would only need 56.25246105 bitcoins to be a millionaire.
1233  Economy / Speculation / Re: BTC is like a bible book on: March 25, 2015, 09:24:27 PM
buy, hold and take them to the grave with you in a brain wallet!
1234  Economy / Speculation / Re: Is 2015 The Year? on: March 25, 2015, 09:18:44 PM
2015 target: 17 777$ per bitcoin
1235  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CryptoGraffiti - Block Chain Message Encoder & Decoder on: March 20, 2015, 04:35:24 PM
I have hereby verified that ANSI art can be stored in the bitcoin's block chain and CryptoGraffiti is able to decode it.

For that, UTF-8 block character has been used in a combination with ANSI escape sequences.

See proof of concept below.

gnome terminal (telnet calnet.ee 4000) to the left and cryptograffiti.info to the right:


The below screenshot is taken from http://cryptograffiti.info/paystamper/


edit:
for the interested parties, here is a C++ program that I used to convert a PNG image into ANSI Art:
http://pastebin.com/Jer3dZWs

and here's the Makefile:
http://pastebin.com/gNJ4n9mj
1236  Economy / Securities / Re: {IPO} Teehe - DAO sports book and casino on: March 15, 2015, 02:20:18 PM
Sooner or later someone has to create a decentralized autonomous (anonymous) organization such as Teehe. It's just a matter of time and here we have a perfect opportunity to be the first ones to enter the competition. I personally advocate gambling that can be cryptographically proven to be fair and Teehe seems like a good platform to represent this ideology.
1237  Economy / Speculation / Re: If btc -> moon and you no longer need to work, what will you do with your time? on: March 15, 2015, 01:47:48 PM
Sleeping a lot, building a personal fallout shelter, making video games.
1238  Economy / Speculation / Re: Etherium.org launch to make Bitcoin price go UP? on: March 14, 2015, 08:17:17 PM
They will not help the prices at all move up or down. They actually were causing them to go down as they sold off their coins from IPO. I have no idea why people invested so much into that project  Huh

greed and envy. people have recognized that some have made nice fortunes by being the early adopters of Bitcoin. they want part of the analogous success to compensate the fact that they didn't buy Bitcoin when it was cheap.

Greed is basically the only thing.

Once they have in mind that they can potentially make a good profit they can't think of something else.

But beside that. What did the people get in return for investing in their IPO ? Not much I guess, if any.

Well, if Ethereum ends up being a success they would make a decent amount of mone, that would be what they get in retunr.

But how could ethereum succeed if its going to be open source and aethereum will simply copy-paste their code and make an initial distribution of wealth based on bitcoin's private keys? Everyone is going to use aethereum instead of ethereum.
1239  Economy / Speculation / Re: Etherium.org launch to make Bitcoin price go UP? on: March 14, 2015, 06:32:11 PM
They will not help the prices at all move up or down. They actually were causing them to go down as they sold off their coins from IPO. I have no idea why people invested so much into that project  Huh

greed and envy. people have recognized that some have made nice fortunes by being the early adopters of Bitcoin. they want part of the analogous success to compensate the fact that they didn't buy Bitcoin when it was cheap.
1240  Economy / Speculation / Re: 666$ Coming Soon! [PROOF] on: March 14, 2015, 09:18:46 AM
Another hyperbolic spec thread on the alleged future price of BTC while using buttshares as the selling and leading point. Much props for the smart incorporation, once again. Grin Don't deny it!

What the hell are you talking about? You're being delusional. Not all references to altcoins serve some secret agenda to infiltrate into the bitcointalk's speculation subforums. So, I am in fact denying it. I knew this place is full of alien coin paranoia such as the one you just demonstrated but I wouldn't have thought it's so dominant. I could as well as pixelize the name of the altcoin but honestely I think it's just laughable (as if alien coin names would hurt someone's eyes here).
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