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1781  Bitcoin / Press / Re: 2013-01-08 torrentfreak - PayPal Demands Invites to Private BitTorrent Trackers on: January 08, 2013, 07:35:36 PM
Quote
Only one provider allows bitcoin.”
This sounds like something BitPay et al. should be getting in front of.

+1

I'm not sure if I'm excited that they know Bitcoin exists and is an option or sad that they still don't know how to harness its power.
1782  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 08, 2013, 07:34:24 PM
well i am done speculating. sold my bitcoins at 13.82 that i mined over the last weeks.
price should shoot up shortly. that is all.

You didn't follow my first rule of BTC! Hold or spend, never sell or speculate.
1783  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 08, 2013, 07:20:51 PM

cool, but what is a node?

Someone running a full client (the Satoshi client).
What are these different colors?

I don't know.

Me neither.
1784  Economy / Speculation / Re: Butterfly Crash on: January 08, 2013, 07:20:29 PM
Although I shouldn't be saying this, because I'm holding mah btcs, I have to say : guys, you're fucking stupid.

Some of the you claim to not see any link between potentional BFL failure scam and a price crash. You obviously don't understand how markets work. Trust is the single most important thing on financial markets. If people are upset that they got scammed (again!), they quickly get the feeling that bitcoin is doomed. Yes, it is strongly exaggerated, but investors tend to exaggerate. Also, since bitcoin is an emerging market it needs new investments. Bad publicity = close to no new investments.

And before you start saying : 'hurr durr, real life scams don't make dollar price fall' let me say that you can't compare bitcoin to dollar.

Also, for those of you who say that bad news in 2012 didn't affect the price at all, please go see a doctor. There's something wrong either with your memory or eyes.

If When BFL managers hit the road with gullible people's money in their pockets, the price is going to go down for at least a few days. The only reason why I'm holding btcs right now is to exploit the recent discrepancy between Bitstamp and MtGox prices.

I don't say this often, nor lightly but...

Cool story, bro.
1785  Economy / Speculation / Re: Here is my bedtime story for you about moon, market and riching quick on: January 08, 2013, 05:40:15 PM
Don't mess with other people's rocketships. Got it.
1786  Economy / Gambling discussion / Re: Bitcoin Gambling Expansion? on: January 08, 2013, 03:35:28 PM
So i am to believe every bit of bitcoin profit.. None was sold to get a countries currency? Really? Pfft. I have a bridge to sell. Brb.

No you should not believe that. Of course some profit is sold for fiat currency. What's your point? The important thing here is that some profit is NOT sold for fiat. That's is the phenomenon you should ponder about for a while...

Correct me if I am wrong but the way SD is designed one has to have a large pool of btc to make sure you do  not
go broke from an amazing lucky streak by users. So sure.. one would want to save a large pool of btc for that occasion.
Is that most of the btc you are referring to?

Anyway.. my point was that gambling sites as a whole do not just collect btc and put them in long term storage.
They just recycle most of them for currency and will not be a huge factor in raising the price of bitcoin long term.
To expect every gambling site operator going forward to be a bitcoin evangelist is highly unlikely and they will
want the "finer things in life" if they succeed. That means selling bitcoins.

Don't forget about the impact velocity has on prices as well.  Even if gamblers keep a single BTC in "circulation" for 5mins at a time between fiat purchase to fiat sell but there are 20million people doing it at a time this will cause prices to go up.
1787  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 08, 2013, 03:28:58 PM
We are going lower than $10....you can quote me on this. Just watch. Cheesy Cheesy Cheesy

Okay, 3 weeks have passed, so i'm, quoting you on this. Where's the $10?

Don't worry, even in 2020 if the price never once went below $10 again he'd still say "but it's going to soon!"  Tongue
1788  Economy / Speculation / Re: Butterfly Crash on: January 08, 2013, 02:42:43 PM
If BFL does really show up at CES that would be interesting to me. I don't have a BFL preorder and I don't really think the outcome of whatever happens will actually be that big a deal, but showing up at a big conference doesn't really scream "we're about to scam everyone!" to me.
1789  Economy / Speculation / Re: Next week speculation poll on: January 08, 2013, 01:30:06 PM
More of the same.

Unless it goes up.

I just want to say that I'm the most accurate forcaster on these forums! Tongue
1790  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 07, 2013, 10:32:34 PM
I wanna get my hopes up, but am prepared for the likely panic dump.

Dumper: "What?! The price is about $13.50! I CAN'T HAVE THAT!"
Butler: "Why not sir?"
Dumper: "Because if the price goes above $13.50...then...I. I. Ummm..."
Butler: "I'll prepare the dump, sir."
Dumper: "Muw-ahahhaa"
1791  Economy / Speculation / Re: When the price is going up as expected? on: January 07, 2013, 08:05:58 PM
I thought price would go up a little bit.

It went up a little bit.

Not sure what your point is?
1792  Economy / Speculation / Re: Next week speculation poll on: January 07, 2013, 04:05:56 PM
More of the same.

Unless it goes up.
1793  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 05, 2013, 01:30:53 AM
Lots of really good news coming out recently. I'm looking for some bumps upward in the coming week!

Aren't we all?

I'm not sure if Adam is still in his wishful thinking bear mode. So maybe not him?
1794  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 05, 2013, 01:23:27 AM
Lots of really good news coming out recently. I'm looking for some bumps upward in the coming week!
1795  Economy / Speculation / Re: Bank of Italy turns off Vatican credit cards and cash machines on: January 04, 2013, 04:00:36 PM
Well, that would be a strange ally.
I'm not so sure.  I guess it would be kind-of apt should a currency that has attracted so many scams and scammers in its short life be adopted by the biggest scammer in the human history!

We should make the Pope a bitcointalk account with the scammer tag
1796  Bitcoin / Bitcoin Discussion / Re: [POLL] Should we recommend that noobs use an alternative client? on: January 04, 2013, 02:54:28 PM
No, we should educate new users about the benefits and drawbacks of each client and let them choose.

This option would be optimal.

But we all know some people who don't want to hear about options because they don't have time, don't care, whatever. In THAT event I'd probably recommend the official client for people I inherently know that they know what they're doing, or blockchain.info for people who I think would prefer that sort of thing (with appropriate warnings of course).
1797  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 04, 2013, 12:55:21 PM
Not only has the daily limit on the number of questions declined, but so has the reward. It used to be 0.001, now it's cut in half to 0.0005.

Are you complaining about free money?

But seriously, you only need to win two "free" rounds to enough to actually bid and make more. Take advantage of that Smiley
1798  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 03, 2013, 08:44:14 PM
Played on the site a bit today. Pretty fun stuff!

What's the policy on submitting trivia to you? I'd like to contribute but would hate to be seen as a "cheater" by answering questions I submitted. Since you place your bets before you see the questions, I wouldn't have the option to just not bet. Cheesy
1799  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: January 03, 2013, 01:40:41 AM
Stable prices are soon followed by volatility. Just watch

I'm pretty sure volatility is the only thing that can follow stability....right?
1800  Other / Meta / Re: WARNING! DON'T DONATE! on: January 03, 2013, 01:37:12 AM
Not only will I now donate, but I will donate in YOUR name  Grin
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