He has claimed his shares according to Namworld.
So, when can this be cleared up?
Anybody heard from Brendio? Could Namworld give any information on the status of this situation? Burnside should probably lock brendio's account. I asked him to do this a couple of weeks ago but he just told me to talk to namworld about it :/ His shares remains untouched until now.
Seems he hasn't done anything with it.
I is better to do something to stop him running off with the money before he tries to do so ... |
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He has claimed his shares according to Namworld.
So, when can this be cleared up?
Anybody heard from Brendio? Could Namworld give any information on the status of this situation? |
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Well looks like MPEX is out for quiet awhile. All proxies are down, CoinBR is down also.
S.DICE will probably go below the IPO price.
Why does the exchange being temporarily offline affect the share price of satoshidice? It does not affect the amount of dividend next month at all. (And I sure hope MPEx will be back up and running before the end of the month!) You could check the pass-throughs on BTCT and BitFunder, the price seems pretty stable at the moment. |
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I think a bit above silver is a decent place to correct to for a while. Bitcoin has had it's historical struggles with 1, 5, and 10 dollar parity. It's history at price points above that is much more fragmented though. If the market corrects downwards some time around $20 or $30, and bitcoin overlaps occasionally at an unreasonably low price with silver at an unreasonably high price things would be good for both.
Why would there be any correlation between the price of an ounce of silver and the price of a bitcoin? |
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Let me correct this for you: Btc has value because it fulfills could fulfill needs ...like transfer big amounts off money across the world almost instantly in a private way...
It's just - no ones does it. Hence: Zero value. Just because you don't know about it does not mean it is not happening. (Sorry for all the negatives, that is just how the thought goes) The nature of bitcoin is such that you simply cannot see what it is being used for, and unless somebody comes forward with examples you will never know how much money is being transferred around the world using bitcoins. If you look closely through the forum you will see examples of people moving large sums of money around the world, like I said, Just because you don't know about it does not mean it is not happening. I agree, if bitcoin will be used to buy booze and hookers, then its price won't rise about $1000  I had offered in the past to sell homebrewed mead for bitcoins, and at some point I want to build myself a still to make harder stuff (although I have been told my mead is pretty stiff). Let me know if you are interested. |
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Im aware of the gawker article in june of 2011 that made it go from $8 to $30, but why was bitcoin climbing so fast the month before?
It was a series of articles spread around the internet which increased the exposure of many people to bitcoin. As they tried to jump into the rising tide it just spiraled upward until the peak. I myself was introduced to bitcoin sometime in late March/early April 2011 from a link on the website The Oil Drum. |
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30btc makes sense when it was $5
MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE? |
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Just people dealing with the problems of liquidity in this market... 30 BTC hit  I'm going to wait another 30 days before I decide how I feel about it though  Actually it can be 24 23, see my signature... Edit: I lowered to 23BTC I thought he was referring to the price of 30 USD per bitcoin being hit, not that it takes a 30 btc hit to use the exchange, now I am not sure which he was referring to? |
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Is that a manatee driving the space shuttle?
It's a Humanitee Oh, the HugeManatee! |
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Is that a manatee driving the space shuttle? |
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let's set some ground rules: -try not to repeat points.
-TA is a hypothesis that needs to be discredited properly (rigorously), i.e. not in the manner that nanopene employed.
-'disproving' TA involves proving a negative, which is not possible. avoid the use of that word altogether and stick to the idea of evidence.
let me also open with a well-defined hypothesis: " Since there exist time-dependent autocorrelations in price data, past performance sometimes correlates with future results." evidence against TA would be evidence that time-dependent autocorrelations do not exist in price data. 'disproving' TA involves providing an example of a prediction made by TA that turned out to be false. It happens all the time on this forum. I do not have the time to do it now, but it would be pretty easy to take a bunch of charts from the past, ask the TA people to predict what will happen next, then reveal the next week of the chart and check their answers. |
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thank you I was looking all over for something that resembled this..So glad I didnt sell at $38. Gta keep reminding myself Im in this to win it, and Im not gna budge until i see it breach that $50 mark
"in this to win it" means selling a little above $50? I think it's rational to think fair-value is single-digits (or less) or triple-digits (or more). There aren't really any convincing long-term scenarios that produce a stable middle ground. As I've said before, the exchange rate is not stable anywhere between $10 and $500. So pick your long-term viewpoint, and stick with it. If you look at the price over the course of bitcoins lifetime, on a log scale, it seems to be leveling out. I would say it looks like the future price will level out somewhere between 50 and 300 USD, roughly. |
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I F**KING TOLD YOU THIS WAS A PUMP AND DUMP!!  Check out this dump... BTC is crashing!! Kudos BTC to this address please: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq Meh, it's just another bear trap. We will be back over 50 in the next couple hours. |
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"Do you think the rally is over now... or very soon?"
Yes, I think the rally will be over soon, time wise.
In previous run ups there has consistently been a steeply increasing price just before the top. The past day or so has seen a large acceleration of the price climb. Therefore, I beleive we are nearing the top and in the next couple days the price will continue shooting up to new heights and then drop back some. After the incline breaks, there will be consolidation and a stabilizing price for some time.
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you should add bitcoin here, at 496,000% at this moment. would dwarf these little bubbles.
Maybe you should measure it from the downward side of the bubble? Like, the bottom was at 2 USD, but it was pretty stable for a few months at 5 USD, so you could say the 2011 bubble put bitcoin up 1600% (32 from 2), or right now we are up 1000% (50 from 5). That would put us somewhere in the middle of the pack on that graph. |
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Here's a quick chart of the week so far:  The units of the vertical axis are Bitcoins per XRP The Ripple Bubble has popped! |
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That's like your opinion man.
+1 I lost count at about 1 million, But a lot of people come here and make bold statements about the future. Yet no one in history has be able to predict the future. So, what you have is a guess, not a logical fact. The people who can predict the future use that power to make money, they do not share their info for free. |
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There are some hormone treatments that might help with the dryness problem?
There is this great product called "Just like me" from Pure Romance which does wonders |
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As far as I can tell, the interest is being driven by
1) who will risk being the guy who buys the next $300,000 btc pizza? I must save my coins until they hit my price where I can cash out.
2) merchants, want to capitalize on the free advertising that accepting bitcoins allows. Plans to cash out as their vendors don't accept btc.
3) newbs hearing about this btc thing and that early adopters will be rewarded more then everyone else. They want to get in, but its difficult to get your cash into the market so its slowly filtering in
4) People who know about bitcoin and continue to invest into it. 5) Successful bitcoin businessmen building the economy and keeping their profits in bitcoin (E.G. Evoorhees, making bank off SatoshiDice but he is not converting all that profit into USD) Between holding bitcoins and my investment in SatoshiDice, my bitcoin investments are doing a heck of a lot better than my 401k. If I have some more money to invest, I will likely choose to put it into bitcoins. |
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Just looked it up: There's only about 27.000 BTC for sale for under 50 USD on Mt.Gox. Thats not much market depth on the ask side (1.074.909 USD) and explains the upwards pressure. Buying 2.7 million USD worth of BTC would move the price to 100 USD. For comparison: Dumping a million USD worth of BTC on the market would just move the price down to 31.15. Dumping 2.7 million USD would move it to 19.50. Source: http://bitcoincharts.com/markets/mtgoxUSD_depth.htmlI am a bit confused by your use of separators here. You seem to be using a period for both the thousands separator "27.000 BTC for sale" and the decimal separator "the price down to 31.15"? Or are you saying there are only 27 btc for sale on MtGox under 50 USD, which sounds absurd to me? |
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