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141  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2014, 06:08:44 PM
So what did you give your family for Christmas this year, Bitcoiners?




i didnt had that problem.
i sold my family for bitcoins some weeks ago  Grin

How many bitcoins did you get for them?
142  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2014, 01:05:38 PM
What happened with LTC/CNY on OKCoin, currently at 1985 CNY  Shocked

https://bitcoinwisdom.com/markets/okcoin/ltccny

It was probably a spike caused by a fat finger. It's back to normal now.
143  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 25, 2014, 01:58:17 AM
It's a game with positive externalities [... ] the trading game in itself is negative only if we account for the monetary gain-losses, but the overall subjective value gaining by the sum of each agent involved in this game is greater than the netting of their monetary accounts (subjective value begets by an exchange needs to be greater than the objective monetary value involved in order that the said exchange happens).

Well, I agree.  Besides doubling my BTC holdings every day for a year now, I learned a lot of new things from posts and links in this forum, and (believe it of not) from this thread especially.



Hi! If you doubled your bitcoin holdings every day for the past year, and currently owned all the bitcoins that I don't own, you would have started the year with 10^-117 bitcoins and now own 21 million bitcoins.

Perhaps he started off with one sat.
144  Economy / Speculation / Re: The Christmas crash starts at tonight on: December 24, 2014, 09:02:30 PM
What has Christmas got to do with the dollar value of Bitcoin?

Do you think that the whales (who are the only ones that can directly sway market price) care about trading during their holidays? They've probably got parties to go to.

Do you think big business announcements will be made by Amazon/Google/Microsoft during the Christmas period?

Nope. Their employees/business strategists are on holiday and getting together with families too.

Wait until after new year for speculation on price movement. The only thing that will sway price during Christmas is unavoidable economic failures such as the current situation with Russia etc.



The Chinese have a big influence and don't have Christmas off. We'll have to wait until new year before they go on holiday.
145  Alternate cryptocurrencies / Altcoin Discussion / Re: What are CLAMS? I have no idea! on: December 24, 2014, 08:58:48 PM
You can trade them here.

https://poloniex.com/exchange#BTC_CLAM
146  Economy / Speculation / Re: Poll: Bitcoin Price in 2015 on: December 24, 2014, 08:50:33 PM
What do you think about Bitcoin price in 2015?

Vote here:

http://goo.gl/forms/ivLZBsYwnV

Why not have the poll right on the board?

+1

I never click dodgy looking shortened links so I can't vote.
147  Economy / Speculation / Re: It only costs 100$ in electricity to mine a bitcoin??? on: December 24, 2014, 04:54:03 AM
Hey guys: this isn't FUD or something. But did the blockchain just get slower? Everyone is talking about it at Cryptsy and even my wallet took longer than normal to sync. Has something significantly (if temporarily) changed?

The most recent blocks look normal.

Height   Age
335631   9 minutes
335630   14 minutes
335629   14 minutes
335628   25 minutes
335627   32 minutes
335626   38 minutes

These blocks might have caused the problem because there was over an hour between them.

335623 (Main Chain)   2014-12-24 03:20:18   Eligius   
335622 (Main Chain)   2014-12-24 02:16:02   BTCChina Pool   
148  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Going To The Moon on: December 23, 2014, 10:16:35 PM
The last true halving has just taken place. The block reward is now 15,625Ð.

There is one more change at block #600,000 that will set a static reward of 10k per block.

http://www.reddit.com/r/dogecoin/comments/2p9jen/the_last_true_halving_has_just_taken_place_the/
149  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Going To The Moon on: December 23, 2014, 09:34:34 PM
When will it hit the soft (100b) cap?

It cannot be very long, coinmarketcap shows it's almost hit 97 billion already.
150  Alternate cryptocurrencies / Altcoin Discussion / Re: wallets in general on linux on: December 23, 2014, 09:21:21 PM
actually I would guess at least 75% of all crypto wallets have the exact same dependencies

I never compiled a wallet on Linux but I found with regular software it often breaks because of a particular version of a file that is missing. The file is usually easy to get but always results in an error saying it's the wrong version of the file.
151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2014, 08:54:21 PM
Price goes up...I see it on 325$ tomorrow and after Christmas at 360$. Great Christmas Wink Go Bitcoin, go...

Do you think that people, after eating and much drinking (will be drunk many people) price will raise? Hope to see many drunk people that invested their money in bitcoin in way to raise price, imagine scenario, that would be very funny  Grin

You would need to be drunk to invest in bitcoin at this point, after all the thrashing it's taken in the past year. Interest from the public is lukewarm, and it's failing to present any user case scenarios for success in 2015 either.

What are you talking about. I assume that you lost a decent amount of Bitcoins on Mt.Gox or so, so that you are now warning before the "evil" Bitcoin and his potential risks...

I didn't have any coins on MtGox. Fortunately I could see that they were the worst in a sorry lot of unregulated exchanges, and I steered clear. But it's a valid point nonetheless; bitcoin is inherently risky to hold compared with fiat or precious metals. You hold the risk of hardware failure, theft/hacks, natural disaster, and there's plenty of third party risk just by keeping your coins on an exchange. I've never been the victim of theft, but that's because I was careful to the point of paranoia. Who the hell -- aside from some bitcoin nutters -- wants to live like that?

And that's precisely why interest from the public is lukewarm. It's hardly got anything to offer anyone outside this forum community of hobbyists and cultists.

What other bitcoin/fiat exchanges were there this time last year besides Mt Gox?

Do you even bitcoin, bro? There have been dozens of exchanges around the globe for at least a couple years.

I never used a bitcoin/fiat exchange until this year. I read that there were a few other minor exchanges besides Mt Gox last year that all had very low liquidity. All I know for certain is that the news said Mt Gox had something like half a billion dollars worth of fiat/bitcoins when it went bankrupt. They are still investigating exactly how much it really had but I doubt any other exchange at the time had anywhere near whatever amount it was.
152  Alternate cryptocurrencies / Altcoin Discussion / Re: wallets in general on linux on: December 23, 2014, 08:46:55 PM
I think software breaking due to some obscure missing library file is a common event when using Linux. I often had the same problem when trying to compile non-crypto software. There are so many different Linux flavors that it must be extremely difficult to release software that works on all of them, and keep it updated so it keeps on working on all of them.
153  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 23, 2014, 08:38:39 PM
Price goes up...I see it on 325$ tomorrow and after Christmas at 360$. Great Christmas Wink Go Bitcoin, go...

Do you think that people, after eating and much drinking (will be drunk many people) price will raise? Hope to see many drunk people that invested their money in bitcoin in way to raise price, imagine scenario, that would be very funny  Grin

You would need to be drunk to invest in bitcoin at this point, after all the thrashing it's taken in the past year. Interest from the public is lukewarm, and it's failing to present any user case scenarios for success in 2015 either.

What are you talking about. I assume that you lost a decent amount of Bitcoins on Mt.Gox or so, so that you are now warning before the "evil" Bitcoin and his potential risks...

I didn't have any coins on MtGox. Fortunately I could see that they were the worst in a sorry lot of unregulated exchanges, and I steered clear. But it's a valid point nonetheless; bitcoin is inherently risky to hold compared with fiat or precious metals. You hold the risk of hardware failure, theft/hacks, natural disaster, and there's plenty of third party risk just by keeping your coins on an exchange. I've never been the victim of theft, but that's because I was careful to the point of paranoia. Who the hell -- aside from some bitcoin nutters -- wants to live like that?

And that's precisely why interest from the public is lukewarm. It's hardly got anything to offer anyone outside this forum community of hobbyists and cultists.

What other bitcoin/fiat exchanges were there this time last year besides Mt Gox?
154  Alternate cryptocurrencies / Altcoin Discussion / Re: MultiLit - Secure lightweight international Litecoin wallet on: December 23, 2014, 06:33:33 AM
Thank you, I have been waiting for multibit for litecoin for a long time now. The regular client's blockchain is too big to handle for me.
155  Alternate cryptocurrencies / Altcoin Discussion / Re: Darkcoin Branding on: December 22, 2014, 08:41:43 PM
If you change it's name anyone out of touch for a while will not even know it still exists.
156  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2014, 08:34:55 PM


parallel: The actions of a single whale cannot turn the tides of the market. (edit: we've seen this today with the 2k dump)



Unless the whale is Satoshi.

The whale isn't satoshi. Satoshi would never crash his own idea, his own vision. He is a multimillionaire, yes, but what would be the benefit to dump now?

I don't believe he would dump either, I was making the point that one man could move the market. However molecular destroyed my argument by pointing out that Satoshi would be god in this analogy, not a whale.
157  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2014, 08:22:54 PM


parallel: The actions of a single whale cannot turn the tides of the market. (edit: we've seen this today with the 2k dump)



Unless the whale is Satoshi.
158  Economy / Speculation / Re: the bailouts begin.. on: December 22, 2014, 08:21:04 PM
Russia bails out Trust Bank in first ruble crisis rescue
http://news.yahoo.com/russian-minister-talks-ruble-104459436--finance.html

I have a feeling this is only the tip of the iceberg , but I'm wondering if Russians will move a % of their wealth into Bitcoin in this time of crisis


wasn't bitcoin banned in russia, i don't think they will ever move something in to it

I heard they are banning it in the new year.
159  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Is NOT Dead (It Is Just Dying A Slow Death) on: December 22, 2014, 08:02:17 PM
can we get a dead cat bounce?

It's gone up 0.14 % today. Is that enough to count as a dead cat bounce?
160  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2014, 01:59:19 PM
Really? Who sells 2K coins at market at once like that? The only purpose of that is to try and push the price down.

someone who wants to offload a lot of coins in a rush, or above 320. They got pretty low slippage for that size of order.

Someone who wanted the money and has a mountain of bitcoins left over, like the guy that moved 300k+ bitcoins.

That guy we talked about yesterday? Wasn't 1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa invovled? Funnily that's where the 7kBTC to  1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew (supposedly bitstamp) came from.


Yeah that guy. Is there any proof 1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew is bitstamp?
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