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15561  Economy / Speculation / Re: Bitcoin could face another bear market in 2015 on: January 09, 2015, 06:43:02 AM
it is already a bear market.  but yes, it could go down some more.
15562  Economy / Speculation / Re: will bitcoin rise or fall on: January 09, 2015, 05:22:46 AM
fall.  then fall some more.  go sideways.  then slowly and gradually rise.  all that hopefully before the end of this year.
15563  Alternate cryptocurrencies / Altcoin Discussion / Re: What cryptocurrency do you have the most faith in the long term? on: January 09, 2015, 04:54:03 AM
Bitcoin and Next will continue to emerge and develop into a more user friendly application

the NXT wallet is kinda slow and laggy in weaker laptops and pc's tho.  their devs should work on that if they want wider adoption.
15564  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 04:50:26 AM
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
Y

cos the truth is, it's far from dead. why can't people stop fudding here and just tell the truth?  jesus...
15565  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 04:35:26 AM
Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though

not a good analogy.  but ok.
15566  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 04:34:30 AM
people are using only for a short term investment rather than knowing it's future applications and revolutionary potential.

let them.
15567  Economy / Economics / Re: lets make bitcoin price high on: January 09, 2015, 04:30:18 AM
don't fight the market/trend
we broke through important support.  
You're obviously a noob-trader.

this.
15568  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares Community proposes Ethereum merger realizing they arent good enough on: January 09, 2015, 03:14:20 AM
that proposal/thread does not represent what the bitshares community wants.

from the thread:  

Quote
This is just a thought experiment/grand scheme of world domination. Not meant to be taken too seriously.

the thread starter is making a fool of himself:  https://bitsharestalk.org/index.php?topic=13058.0
15569  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 01:43:18 AM
went to the nxt tech tree website.  i think the nxt devs should focus on instant transactions and give the platform asset to asset trade capability.  it's called instantDEX, is it?  

... OR does monetary system allow currency to currency trading? if so, no need for instantDEX.  but can currencies in monetary system be used to buy assets in the nxt asset exchange?  if so, then nxt will be brilliant!  just work on instant transactions and you are a perfect (almost) platform.  there will be naysayers, but you will be better than the rest for sure.  GL

15570  Alternate cryptocurrencies / Altcoin Discussion / Re: New and looking to buy Cryptocurrency on: January 09, 2015, 12:54:36 AM
to someone new.  just hold your hard earned money for now.  all of crypto is in a slump right now and could go down some more.  just be in the sidelines and keep watching the market.  be patient, but be ready for some bargain hunting.  do not be in a rush to take a position, crypto ain't going anywhere.  and we do not want you bagholding...  Grin
15571  Alternate cryptocurrencies / Altcoin Discussion / Re: [CANN]Cannabis Coin Pre-Mine Transparency Discussion on: January 09, 2015, 12:51:06 AM
didn't they set up a place to grow their cannabis strain?  are there any updates?
15572  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 12:43:33 AM
It's just like with Christmas.

If you close your eyes, confirmations go faster.

lol.  but there was mention of making NXT's confirmation time to a few seconds right?  if i'm not mistaken, i think it's called transparent forging?  are the devs still working on it?

anyway i think NXT would be way better if it was faster than the rest.

The last I heard the devs were still working on it, but there's only a few who understand it and it's going to take a while to develop. Maybe things have changed since I looked into it.

i think getting faster confirmation times is the way to go.  then add more features later.
15573  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Stellar on: January 09, 2015, 12:25:19 AM
how many STR have the facebook giveaway been giving?  just wondering...

https://www.stellar.org/stats/

no.  i meant how much STR is given per person by connecting their facebook account with their stellar wallet.
15574  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 09, 2015, 12:21:24 AM
It's just like with Christmas.

If you close your eyes, confirmations go faster.

lol.  but there was mention of making NXT's confirmation time to a few seconds right?  if i'm not mistaken, i think it's called transparent forging?  are the devs still working on it?

anyway i think NXT would be way better if it was faster than the rest.
15575  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-( on: January 08, 2015, 11:49:04 PM
what i think that could help NXT get the edge is faster confirmation time.  and i hope we see it this year.
15576  Economy / Service Discussion / Re: Bitstamp will easily recover from this hack on: January 08, 2015, 02:02:22 PM
5 million dollars is a huge amount to cover out of pocket unless they were making insane amounts of yearly revenue off fees.
You have a point, but Stamp's financial health looks okay as of the last published auditing cycle: http://companycheck.co.uk/company/08157033/BITSTAMP-LIMITED/company-summary

That's quite impressive, but I'm guessing those total figures are mostly comprised by the sum of the customer coins held.  I'd be interested to know their actual revenue figures from the past 2 years after employee/server/maintenance costs.

The question is...do they really have the integrity to stick with this and be willing to work basically free of charge and at a personal cost loss for the next few months, if not years...just to pay back the stolen funds?  My gut tells me no...which is why this scenario almost always plays out the same way. Whether or not this was an inside job, from a logical perspective there are very few business owners that would be willing to take that kind of hit, especially knowing it's already a sinking ship.

It's like people with burried with outrageous personal debts with a meager job salary.  That's why filing for bankruptcy is such a common practice nowadays especially in the current financial climate.


According to the Bitstamp financial statement, the 2013 profit was around of 800,000 USD. Even they hide all the figures, let's say 2 mil usd profit/year. It's too less to cover the loss.
5 MIL USD are a lot of money. 500K are a lot of money but 5 MIL is huge Smiley

Bistamp will drag down Ripple with them. Take the popcorn and look to the show that it will come soon. Smiley


you mean ripple the platform...?  nope, that will never happen.  bitstamp is just a gateway as far as the ripple network is concerned.  the price of XRP could go down tho, that i give you.
15577  Alternate cryptocurrencies / Altcoin Discussion / Re: Join the Dots: "Nxt" name is temporary, "Unfair" distribution was deliberate on: January 08, 2015, 12:20:08 PM
so...  what would NXT's next name be?  and to what purpose was making the "unfair" distribution deliberate.
15578  Economy / Service Discussion / Re: Bitstamp will easily recover from this hack on: January 08, 2015, 12:16:28 PM
I hope what is more important is that after the incident at least they know where the loopholes are and have taken the measures to upgrade their security. Also, what I'm interested is how the coins get lost to the attacker? SQL injection, I'm not sure... but certainly it's not that easy to get hacked in the first place.

hence making the inside job angle very very possible.
15579  Economy / Speculation / Re: Is Gox to be blamed? on: January 08, 2015, 12:14:08 PM
Gox should be thanked for manipulating the prices up to $1200. If it wasn't for them it still would have been floating between $50 and $200.
Its coming down to its correct level, but the rally created a lot of free publicity and it is several times more well known now.
So you mean 250-300$ is the correct level? I guess no, there are hundreds of newcomers joining the bitcoin world everyday and that is certainly increasing the demand of the coin. If dumpers(mining equipment manufacturers who mine a lot themselves) start to hold bitcoins as bit then I guess the price would increase drastically and then it would be correct bitcoin's price.

that would be a nice scenario yes.  Smiley

why you want BTC to go up so badly if you don't mind me asking?  you bought high?
15580  Economy / Speculation / Re: Is Gox to be blamed? on: January 08, 2015, 11:58:48 AM
but think about where BTC was 2 years ago.  still looking good despite all the bad shit happening imo.
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