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1621  Economy / Speculation / Re: Damn, just bought 0.25 btc and now it's tanking! on: February 27, 2015, 04:33:06 PM
It never misses... Every time I buy, btc price drops right after. Why do I even try???

You can always buy another 0.25 BTC to average out.  Smiley
1622  Other / Politics & Society / Re: Ukraine rejects Russia Gazprom gas price hike on: February 27, 2015, 04:26:54 PM
Ukrain is in a civil war between the west and the east. Taking side is a bad idea for Europe.

Europe and Russia are already lost, as the US successfully drove a wedge between the two but finally Russia and the EU have to mop up in Ukraine. Rebuilding that huge country going to overstrech both Russia's and the EU's economy for at least a decade. So the US hit two birds with one stone.

Well, the US' chickens will come home to roost some day.
Just as cultivating Osama Bin Laden came back to haunt the US at a later stage, their interference in Europe too might have unintended consequences.
1623  Other / Politics & Society / Re: Pakistan requiring all cellphone users to submit fingerprints or give up service on: February 27, 2015, 04:24:50 PM
Yeah its a good move here. But whats now the dead line has just crossed which was 26 and after that sim cards that were not biometric had to be suspended / blocked which had never heppend still. Whats going on why they are not blocking

They probably will give an extension. Deadlines are usually not adhered to.  Smiley
1624  Bitcoin / Bitcoin Discussion / Re: How Big Is The Impact of Dell To Bitcoin? on: February 27, 2015, 04:23:08 PM

I don't think, you can tell, what impact Dell had on the market after some time, since Dell isn't the only player here.

I am curious about, which part do you disagree with.

Ammmm ...what can i say , am not that good with words.
Let us see Dell accepting BTC as a bigger image , that will bring more people and more and more people will buy using BTC but just simply Why would they?
I mean it's as simple , an average person prefers thing he is familiar with , though people already familiar to BTC will use to buy products of Dell through BTC but people who have never heard of it might not .
When i buy something online , some sites show me many options as Moneypay ,OKpay and all , i just know they are some payment method but i am just familiar with Paypal and credit card and will prefer it over them .
Though , it's all about perspective, that's how i see it
~Regards
 Koelen3

With repeated mentions of Bitcoin as a purchase option, people might start getting comfortable around it.
They may not start using it immediately, but at least they will think about it.
1625  Bitcoin / Bitcoin Discussion / Re: Average Age for Bitcoin/Crypto currency users on: February 27, 2015, 04:20:16 PM
Based on my experience until now, I think that Average Age for Bitcoin users is between 16-25 years.
I'm in older group and would like to see more people from my age group using bitcoin, people with stable jobs and business, who can contribute more to bitcoin.


I would think there would be a lot of people in the 25-35 age group as well.
People who have just started working.
1626  Bitcoin / Bitcoin Discussion / Re: Do We Need Social Media Promotion on: February 27, 2015, 04:19:26 PM
The mainstream media is too sensationalist and can be swayed by vested interests.
Social media promotion might just do the trick.  Smiley
1627  Bitcoin / Bitcoin Discussion / Re: why bitcoin will fail and this is why on: February 27, 2015, 04:16:46 PM
becoz... swat teams can raid centralized physical mining farms to weaken the nekwork and then attack it oll they have to do is track down heavy electricity usage and ir heat just like cannibis farms and yet again we have gone back to sqaure one of centralizations and force... oh sure there will be the stand alone hobbyist miner ho hav a couple of ants but that is still not enough to secure the nekwork once the big players are raided down the poo bowl

Many possible reasons... but this ain't one of them.  Smiley
1628  Bitcoin / Bitcoin Discussion / Re: NYC residents are being robbed of their Bitcoin! on: February 27, 2015, 04:14:13 PM
there is a video, showing how an unarmed guy gets robbed with a simple knife

it could not be any clearer that a firearm would have been a gamechanger, resulting in a dead piece of scum and dry pants

BUT STILL the gunhaters come out and write horseshit, it is incredible Roll Eyes

Firearms held by both people... would have resulted in 2 dead bodies.
1629  Other / Off-topic / Re: How you personally make a girl love you? on: February 27, 2015, 12:44:03 AM
Be a challange......this is scientific proven.. women want what then can't have.....

If both of you are shy / play hard to get, nothing is going to work out.  Tongue
1630  Other / Off-topic / Re: Cricket World Cup 2015 [Australia and NewZealand] - Who's excited ? on: February 27, 2015, 12:42:47 AM
A first victory for Afghanistan!!
Even the US Embassy in Kabul is tweeting about it.
1631  Economy / Speculation / Re: BITCOIN GO UP BITCOIN GO DOWN on: February 27, 2015, 12:39:50 AM
That will always be this way.
It's the same with everything thing you buy on the market.
As the price of gold, on the market dowjones and so.
It can never stay going up. Sometimes there are some corrections up or down.

What stands out is the volatility of Bitcoin.
1632  Economy / Speculation / Re: Bitcoin fall blamed on impatient traders on: February 27, 2015, 12:39:13 AM
It's a free market. Every trader is free to sell or buy loads of coins at any time.
Bad news after more bad news is what made the price most likely go down quite a bit.
Every exchange has their own orderbook, which is weak in every perspective.
Large dumps on one important exchange makes the price go down on every exchange.
With only one orderbook the price would be way more stable.
That in return would make merchants more willing to keep the Bitcoins instead of having a third party that converts it instantly to fiat.

Yeah. It's pretty ridiculous to blame it on freemarket. Bitcoin is a true free market experiment. That's it's main strength.

Free market is one thing.
Market manipulation is another. A punishable offence, irrespective of the market.
1633  Bitcoin / Bitcoin Discussion / Re: NYC residents are being robbed of their Bitcoin! on: February 27, 2015, 12:36:37 AM
it looks that just happened one time,the thread is so sensationalist

The media highlights what gives them viewership points. Do you blame them?
1634  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Eventually Kill Facebook? on: February 27, 2015, 12:34:57 AM
Why would bitcoin effect Facebook in any contrast Huh
I would like to know more , why do you think that?

The article talks about decentralized social networks like Gems and Synereo.
1635  Bitcoin / Bitcoin Discussion / Re: Third Auction For Ulbricht’s Coins, Scheduled on: February 27, 2015, 12:32:52 AM
With the auction of his bitcoin coming:
http://bitforum.info/t/third-auction-for-ulbrichts-coins-scheduled/305

Do you think, Ulbricht can easily get back his coins if he is still running Silk Road right now?

I mean if he will be released right now, and start from the scratch again, how many years will it take to reach the amount of the coins he lost?

With Silk Road going down, there are a lot of competitor sites which have gained market share.
It will be tough for him to win it back, even if he is released.
1636  Bitcoin / Bitcoin Discussion / Re: How will we move away from the infamous exchange prices? on: February 27, 2015, 12:31:01 AM
The price will always be what people are paying on the exchanges and not some number we want it to be. There is only supply and demand in BTC. If you want bitcoins to be $500 each then you are going to have to convince every bitcoin owner on the planet to not sell for less. The exchange price is "The Price".

No, the supply and demand is not just on exchanges. Yes exchanges do determine the prices but we need to find other solutions.

Exchanges will continue to be the benchmark, because this supply/demand is visible and ascertainable.
1637  Economy / Speculation / Re: We are headed to $50 on: February 26, 2015, 01:03:52 AM
I have a small buy order at $200.

Even that isn't getting filled after waiting weeks. There is no way bitcoin will reach $50.

Beyond impossible. Wink

No, I'd say its becoming more and more possible every day.  I just saw some major japanese retailer saying they are considering accepting btc, and historically that makes the price drop cause they instantly convert to fiat.  I think double digits are entirely possible, although that price may only last briefly...
I think we are still in the horizontal trend  within the range $200-240 and we won't see much lower than the lower band of that channel. 1-handle yes for some short time again is possible, but I don't think price will drop to double digit territory.

This horizontal trend will continue for some time. A major bull market run could break out close to the block reward halving in 2016.
1638  Economy / Speculation / Re: I AM HODLING on: February 26, 2015, 01:02:17 AM
...
Bitcoiners who hodled made between 4.500 and 87.000% or so in the past.

Only morons who sold made a loss.
...

Those who got in first & got out in time win, no different from any other pyramid scheme.   Those who didn't get out in time haven't lost yet, but haven't made a penny either.
OTOH, anyone who bought into this thing over the past year+ is under water Undecided

One year is too short a time to be judgemental.  Smiley
1639  Economy / Economics / Re: How hard would it be for Central Banks to buy 90+% of all Bitcoin now&future. on: February 26, 2015, 01:00:37 AM
Why on earth would central banks just throw away money?
Bitcoin would still exist even if they tried.
1640  Other / Off-topic / Re: Do girls use Bitcoin ? on: February 26, 2015, 12:58:13 AM
The only females I see there are the hired booth bunnies that are supposed to show their tits and look pretty.

Lets hope they get into Bitcoin. They can be real good ambassadors of Bitcoin.  Grin
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