There have been more scammers here than I have ever seen in any internet community.
I rejoice every time a scammer runs off with suckers money. Why? Being scammed into bankruptcy is every Bitcoiners true destiny.
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I think there is a much simpler explanation. Many people probably set gold parity as an investment target, and they are sticking to their plan. And if you think gold is undervalued it is a good move to diversify now, even if you think Bitcoin would outperform it shortly.
I agree with Mucus. What is the world coming to? I'm going to curl up in a ball under some covers now and cry myself to sleep. Lets say you don't know me as well as you thought you do.
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Lets say march 9th, If the top was just at or below gold parity.
But that's no crash, a real crash would be after that if the price fails to recover to previous levels. And that's just the scenario without a flashcrash, which can happen also. A flashcrash is impossible to predict.
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The date of the top or when it trades at 600 or the bottom?
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Casascius has more Bitcoins than he can cash out anyway.
I did mention I think he is satoshi.
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They are made of gold so when the price collapses you can melt it down to recover some of the investment. I find this not the least but ironic.
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There are smooth and spiky tops, in the former the fluctuations cancel each other out in the latter they get in phase with each other.
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Not bad, but L. Ron Hubbard did better.
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I think there is a much simpler explanation. Many people probably set gold parity as an investment target, and they are sticking to their plan. And if you think gold is undervalued it is a good move to diversify now, even if you think Bitcoin would outperform it shortly.
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They are all overvalued right now. e: I know you don't wanna hear it, but they failed to deliver any fundamental value.
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You should sell 50% because you should do it before the other guy, and that's the whole reason.
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I'd rather be poor than manic depressive. Talk about a curse.
Being bipolar is actually closer to being schizophrenic than manic depressive.
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Not right away, but after ~2-3 months consolidation it's possible.
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Yes, volume is driven to BTCChina because of this, but it is a reality that more BTC are traded there than at e.g. Bitstamp. I don't think so. Look: http://data.bitcoinity.org/#caaaadfiaaThat says volume is higher by a factor of 2.5M/1.5M=1.67 and I think it's easy for the volume to be inflated by at least a factor of two with zero fees.
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for everybody except hardline libertarians the no-chargeback policy is moronic. It's technically doable to enable chargebacks just the political attitude gets in the way.
Dude you're so long here and know so much about bitcoin history that I can't take you seriously when you advocate introducing chargebacks in bitcoin. Why? Remember third part signed transactions? Remember the uproar? The question on chargeback is on which authority they can happen, and if the transacting parties agree on an authority beforehand they should be able to have the chargeback option.
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It's not just drug dealers. Most scams weren't even black-market related.
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Oh well, my edit didn't get through before the first reply. The moral of the story is, with Bitcoin you can get scammed any time, anywhere, and nothing seems safe. I don't know about a crash, but I am certain that as long this keeps happening the general public won't take Bitcoin seriously. And I can't see any indication that it might stop. It's just too easy to do it, that's why. And for everybody except hardline libertarians the no-chargeback policy is moronic. It's technically doable to enable chargebacks just the political attitude gets in the way.
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The only person more easy to scam than a Bitcoiner is a Bitcoiner on drugs.
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wow.. is this satire? seems like one.. as if the get-rich-quick community makes a bitcoin ad. Edison is Satoshi? wtf I think poes law applies in this case.
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