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Thank you for my new wall paper.
Can you make it 16:10?
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wtf, typing in the name "e-c.guru" in the address bar of my browser brought me to a website.  I expected a google search on the name but ended up at http://e-c.guru/Never knew that .guru was a tld |
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Bitcoin will NEVER EVER be one dollar again.
There are thousands, millions, chomping at the bit to see 100 USD again.
When the price on Gox dropped there was a huge influx of wire transfers trying to nab cheap BTC.
I will throw every dime I got at a 50 dollar BTC!
Then why MTGOX exchange rate dropped below $100? Because there were no buyers because they were not able to put FIAT into gox soon enough. (or did not dare too loose all) IF there are no buyers, price drops. Other exchanges were fine. |
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Why would they sell BTC when they can print unlimited USD?
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I thought, we are talking about the FED here. The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. http://en.wikipedia.org/wiki/FEDHe can't talk about governments in General in a concrete case. So, which "government was already up their ass"? The Japanese? So, the Japanese government has the MtGox Bitcoins? It is difficult to point to a person or a group. I think if you point to the BIS you are very close. |
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There are two possibilities:
One is that Karpeles was part of a government honeypot all along.
The other is that he was forced to. I'm sure they could have threatened him with all kinds of things. He was already being forced into regulations in early 2012 when mtgox started requiring gov IDs for fiat withdrawals. Then they had their dwolla account frozen. These events tell me the government was already up their ass and probably knew everything about their finances. Add to that the bullshit stories about where the coins went that don't add up and the fact that Karpeles is still roaming free, and you can easily deduce that the Feds have all the mtgox transaction records and all the coins in their possession.
Besides that he is in Japan. He is prosecuted by Japanese law. He's nationality is French. You US-Americans really think, you are the Center of the world ... He never talks about Americans. He is talking about government in general. |
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We should leave Satoshi intact and call 1000 satoshi -> 1kS (one kilo satoshi)
100 satoshi would be 0.1kS or 100 satoshi.
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Bitcoin will hit the ditch of history pretty soon.
Why:
Because it is infested with scam. I am not talking about theoretical scam, but real-life.
Examples:
1. more than 50% of miners manufacturers scam their customers-a fact.
2. mining pools are constantly off line due to multiple sustained attacks, putting mining revenue in jeopardy
3. hashing speed undergoes gigantic fluctuations, suggesting a possibility that large unused hashing potential exist that could be used for the 51% attcak that would render bitcoins useless
4. someone (early adopters) is constantly selling, resulting in a 6 mo downtrend.
7. governments are actively undermining bitcoin-china
5. USD reserve currency soon to die. 6. hashing speed is still doubling every 2 months. |
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Simply depends how far Bitcoin goes. How far do *you* think it will go?
IMO, if it reaches its full potential, then we are just passing from the innovator to the early adopter phase.
When kids in schools are trading BTC on their phones I'll say we are entering the early majority stage. When it's an option at every retail outlet, late majority will be entered.
We are so so much early days here. You better believe this.
The only concern is whether a "better" crypto could take over, but I don't think that's likely.
There are more concerns, 50+1% attack for example. |
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Bitcoin is not money !
Just curious why it is not a money for you? It is a virtual money. It not money for anybody, These are just speculations and lies, bitcoin no have real value. If no value, then why engage? The fact that you are here and debating bitcoin makes you a walking, talking oxymoron. I am forex trader, and I not have any bitcoins, just real cache. No, you're a troll spreading fud. You can't even write cash right so I highly doubt you even reached a mature age. |
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The Federal government has all the mtgox coins - be certain of that.
That's already my assumption. I think they did some blackmail on Karpeles to get his coins. They probably injected some childporn on his computer and said he probably did not want to get that fact public knowledge. |
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My answer is no. Specially not for now. I don't think FED wants to control or kill bitcoin. If they really wanted to kill bitcoin they can do it by crashing the value by other means.
*if* they are able to kill bitcoin, they won't do it soon because it would rush a lot of people into gold. And we all know about the US gold holdings... and the german repatriation. I doubt they want to kill it. They are probably in it already big time. If you want to play *safe*, go long BTC as long as they hold the 150k btc they took from silk road. Don't listen to them, look at their actions. |
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But I can be wrong ofcourse, for me the only reason I and many others support bitcoin is to make money  If there was no money to be made with crypto, I and many people wouldn't be here. Cool, your in it to make more "money". I'm in it to make more Bitcoin!  Very brave to be bullish on FIAT looking at the long term trend line of crypto. I'm sure some people said the same about combustion engines when the world was running on steam. |
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Owning BTC =/= controlling it.
Control is what FED has been doing with US dollar via quantitative easing (printing currency).
Now even if they have lots of BTC the only thing FED can actually do is sell it. Once FED does that that's it. They will need to buy more to dump the price again. See the difference here? If we stay councious of this situation FED will lose money buy selling and trying to dump it.
This is the winning answer. Governments all over the world probably have (confiscated, goxxed) loads of BTC already. They will have to be very careful with it because they can sell them only once. Maybe they will lend them out to others in the future, or do other things with it just they do with gold. |
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Satoshi is an already established unit and the smallest denomination of bitcoin. "k" is a widely known denominator for "thousand(s)". So this is far more user friendly and intuitive than messing around with very large numbers.
We really should make a new poll with all the new suggestions included. I think kS would score very high. I really like it, especially because 'Satoshi' (our god ;-) is involved in the name. And like you said, we already use k€ and k$ for larger amounts. |
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Bitcoin is dead, I'm selling mine at a 80% loss. Moving on to a different crypto. BITCOIN IS DEAD!
Finally, capitulation. We are at the bottom. Time to pick up some extra BTC |
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centoshi
More confusion. The correct term would be hecto-satoshi. Cento means 1/100, not 100x You are right. We should keep centoshi for extra expansion in the future. 100 centoshi is 1 satoshi. |
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Lakzo, I was wondering what the score is.
Are you winning or loosing with the micro lending?
Winning on the margins. Borrowers are generally good people, and will pay back. That being said, some will run off and some have (jacksquere) but I check addresses, profiles, posts, etc. I only loan where I can accept the risk. Ok, nice. Just curious, would you lend to me? Not that I need it, but I'm a little bit fascinated about this thread. |
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Lakzo, I was wondering what the score is.
Are you winning or loosing with the micro lending?
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