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19581  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple pump over and down you go! on: December 20, 2014, 08:54:18 PM
Strange fact is that Ripple is so old, but they have the lowest count of community compared to other Crypto projects.

A majority of the community gathers at xrptalk.org or in group chats over Skype. Few visit this site.

At the moment xrptalk.org has 90 users online, of which 31 are registered users. I have seen total active users frequently surpass 100, as of late. In my experience, Ripple has a passionate core community of active participants in the ecosystem---traders, coders, and those attempting to establish businesses using the Ripple network---with a broad spread of nationalities and backgrounds represented. I learn a lot through the community.

In my experience, it is much less of a hype oriented culture. I think that has been a side effect of how depressed the price has been for so long; I kind of see that as an advantage now. In general, those that have stuck around through all of the uncertainty have passionate interest in Ripple. A lot of diverse perspectives are exchanged, and critical perspectives on Ripple/XRP/Ripple Labs are frequently and openly shared.

At various points in the past, I would have definitely agreed with your perspective, but it has become an increasingly lively ecosystem. It is worth checking out.

So a multi hundred million market cap and the prime resource for discussion has 31 members online? r/ripple has 5 members online right now and just over 1100 subscribers. It doesn't make a lot of sense to me.
19582  Other / Off-topic / Re: How often do you check bitcoin price? on: December 20, 2014, 07:30:56 PM
Very rarely. It's more fun to guess what it's up to by forum thread titles.
19583  Economy / Speculation / Re: The BULL RUN has BEGUN? on: December 20, 2014, 12:24:59 PM
There should be a 'same old shit' option too.
19584  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2014, 01:08:18 AM
Amazing opportunity to buy people.

Nah, slaves are a pain.  If they get sick, die, etc. it is a capital loss...

Better hire free laborers: cheaper overal, if one breaks you just get another, no extra expense.
Cheesy Cheesy

A few ancestors of mine were enthusiastic slavers. I read a letter from one of them delighting in the end of slavery. It meant he didn't have to house, feed, educate or lay out for medical treatment. All he had to do was pay them. 
19585  Economy / Speculation / Re: [Original] Let me tell you why bitcoin drops and why it will turn around on: December 19, 2014, 12:09:50 PM
I didn't realise that when I become a Hero I'll have to uphold moral values. Even faggots can become Heroes if they hang around for long enough.  
19586  Other / Off-topic / Re: Why you would like Italy and Spain and life over there on: December 19, 2014, 02:29:03 AM
To be honest, it's not worth the effort to learn a whole new language and give up on English.  Learning a language past 20 years of age is incredibly difficult.

You wouldn't be giving up on English. And kids learn languages much easier, but learning a new language if you have to deal with it everyday isn't that hard. Then, most people there know some English anyway, making the process easier.

In my time there I came across hardly anyone who spoke English. French is the most common second language. Maybe I wasn't hanging out in the right places. It's a pretty easy language to learn.

That's weird. Were you there recently (these last couple of decades)? And in urban areas? I would imagine most students these days pick English over French or German. But I can see that in more rural areas that might not be true.

This was around 2000 or so. It was about 50km outside Bologna but I was all over Italy.
19587  Other / Off-topic / Re: The Big "One-Eight" on: December 19, 2014, 01:57:15 AM
As the day of the eighteenth falls upon us, I have reached the celebration of my eighteenth year of life. I'm fairly excited to think I've made it this far along, and I'm looking forward to another fantastic year ahead of me.
Don't get me wrong but this is your happy time in this life, you probably won't be any happier in this world in the future as much as you are now. Keep living and live to the fullest.

That's a bit doomy.

18 was so long ago for me that I can't remember what it felt like. I do know that I've had a lot more fun since that age.

Happy birthday. It's only just begun.
19588  Other / Off-topic / Re: Why you would like Italy and Spain and life over there on: December 19, 2014, 01:55:18 AM
To be honest, it's not worth the effort to learn a whole new language and give up on English.  Learning a language past 20 years of age is incredibly difficult.

You wouldn't be giving up on English. And kids learn languages much easier, but learning a new language if you have to deal with it everyday isn't that hard. Then, most people there know some English anyway, making the process easier.

In my time there I came across hardly anyone who spoke English. French is the most common second language. Maybe I wasn't hanging out in the right places. It's a pretty easy language to learn.
19589  Economy / Speculation / Re: Lawsky outlines revisions (18Dec2014) -- bullish, bearish, or too soon to tell? on: December 18, 2014, 05:49:04 PM
At the very least it means that one day soon there'll be an exchange that isn't run by children or criminals in far off lands. I'm sure many other wonders will spring forth too.
19590  Other / Off-topic / Re: Why you would like Italy and Spain and life over there on: December 18, 2014, 03:43:45 PM
I lived in Italy for a year. They definitely have better ideas about living than countries further north but the inefficiency, bureaucracy and nepotism drove me a bit batty in the end. Good to wash up there at the end of your life. If you're looking to get ahead then shop elsewhere. 
19591  Economy / Speculation / Re: Bitcoin Price in 2015? on: December 16, 2014, 06:55:43 PM
maybe $1000, but will see Wink
With Microsoft and eBay in in 2015 we will see double of that I think.

Merchant adoption =/= increase in demand. This should be common sense by now, but if a consumer can already use cash/credit cards/paypal, etc with a merchant, there is no incentive for using bitcoin! The only exception is when a merchant offers a limited time discount, like Dell and Newegg did earlier this year. But that is now gone.

That's why the price isn't at $5,000 or $10,000 like people expected on page one. There is no incentive for people to buy bitcoin right now. And an ETF or some bullshit like that won't change that fact either.



An ETF won't make any difference? Are you sure?

BTC works wonderfully for merchants. It's up to them to make it equally wonderful for their customers.
19592  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: December 16, 2014, 12:43:17 AM
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.
Well to be fair this is what happened to the price of bitcoin in recent years. Up until early this year the price of bitcoin went almost exclusively up. The price also went up by ~15x last November when it crashed to less then $100 then spiked to over $1,200 in well under a month

True indeed, but in the great scheme of things $0 to a $5 billion market cap is achievable by a few hundred thousand enthusiasts.

To get beyond that you need to convince a nice chunk of the world at large. That takes time and patience.
19593  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: December 15, 2014, 06:00:39 PM
I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.
19594  Economy / Speculation / Re: Poll: Predict all-year high of 2015 on: December 15, 2014, 01:45:59 PM
Ain't got a clue.

The things that we thought might happen in 2014 - ETF, non piece of shit exchange, solid regulations for financial types - are likely to come to fruition next year.

If merchants want more of the public on board, then they're going to have to start incentivising BTC's use. It's great for them. Next year they'll need to make it great for their customers. Most of them are flirting with it right now. 2015 is when they'll get serious with it if they're in it for the long term.

I think it'll be a good year.



 
19595  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2nd Gen. CryptoCurrency build from SCRATCH on NODE.JS - NEW CODE! on: December 14, 2014, 10:34:13 PM


Hey guys,

I am not sure if everybody heard about the Bitbay scandal, but as long if nobody knows that bter.com is or is not involved in it, you should withdraw your nodecoins from bter.com asap.



Can you give us a recap of what's going on? I'm finding the whole thing to be too noisy to figure out properly.


No really, nobody knows for sure.
But at least half of them are scammers, and everybody blames the others. But there are accusations that bter.com was involved in a way. There are logs where bter.com released the escrow funds before the timeline under the table.
But nobody knows if the logs are real.
But it doesn´t matter anyway. Until there is proove that bter.com is clean nobody should keep their funds there.
Cause if it is true, it easily could be the end of bter.com.



Thanks for the precis.
19596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE - 2nd Gen. CryptoCurrency build from SCRATCH on NODE.JS - NEW CODE! on: December 13, 2014, 11:28:18 PM


Hey guys,

I am not sure if everybody heard about the Bitbay scandal, but as long if nobody knows that bter.com is or is not involved in it, you should withdraw your nodecoins from bter.com asap.



Can you give us a recap of what's going on? I'm finding the whole thing to be too noisy to figure out properly.
19597  Other / Off-topic / Re: BIKEPORN on: December 13, 2014, 05:13:21 PM
My choice would be either a Honda RN01 G Cross.



Or an original hand made Manitou.



Sadly both are near impossible to obtain.
19598  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2014, 12:44:04 AM
i've been watching this for  a while, and made a simple conclusion:
this market only reacts to news from China.

Western news it doesn't give a shit about. Had AliBaba started accepting
bitcoin I guess the reaction would've been very different.


Has there ever been any good news from China? I assume VC and merchant adoption is non existent and will be for the foreseeable future.
19599  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: December 11, 2014, 09:33:04 PM
I put $750k into bitcoin this year, bought at $650 :-(

It's only 15% of my net worth tho .. the rest I have in VERY secure investment.

You put 750,000 dollars into Bitcoins???  Wowzers!   

Just curious as to what job do you have that you can afford to put that much money into something.



Theft.
19600  Economy / Speculation / Re: Imagine the pop when Amazon finally relents... on: December 11, 2014, 04:24:54 PM
because no big companies actually accept bitcoin, they are all accepting USD from bitpay/coinbase
it's just this simple

Just because they use Bitpay, doesn't mean they are converting 100% of their bitcoins into USD. Last time I looked, Bitpay gives you the option to convert any fraction, from 0% to 100% into fiat.   I think Overstock is on record for saying they are keeping 10% as bitcoin.

How do you know that other companies aren't doing the same?

'BitPay employee here. Around 50% of our merchants actually accept some or all of their settlement in Bitcoin.'

https://news.ycombinator.com/item?id=8733510
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