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2001  Economy / Speculation / Re: $8 today? on: January 06, 2012, 07:33:14 PM
It could happen. But I think it would take about $1.5M to do it at this point.

Damn the walls, full speed ahead!
2002  Economy / Goods / Re: 14x beats by dre Studio edition - available on: January 06, 2012, 07:09:33 PM
Pictures? I've been wanting a set of those for a while.
And perhaps some indication as to how you got 14 sets of these?

+1 need pics and price
2003  Bitcoin / Bitcoin Discussion / Re: Bitcoin DRM behind price increase? on: January 06, 2012, 07:01:20 PM
What you said is true, but it's also a better idea than other forms of DRM that are out there.

But like all existing forms of DRM it won't prevent piracy and will only serve to inconvenience genuine users.

+1.  However, we can't stop them from doing it, and it will generate some publicity for bitcoin.
2004  Bitcoin / Bitcoin Discussion / Re: Bitcoin DRM behind price increase? on: January 06, 2012, 06:59:02 PM
This isn't really any help against crackers, they can still edit the binary to remove the validation code.

What you said is true, but it's also a better idea than other forms of DRM that are out there.

Pirates can always edit the binary, but by using Bitcoin DRM you can stop them from using something as simple as a keygen to circumvent DRM restrictions.
2005  Economy / Speculation / Re: Who has that limit order at 7 on bitcoinica? on: January 06, 2012, 06:29:06 PM
I gotta get on this bitconica, I would have shorted majorly at $7.20. I was going to come here and even write to people that you are crazy not to sell your bitcoins at $7 range now. Just set some limit orders to buy if your worried about it skyrocketing higher.
ок, but only after correction

Are you Google Translating from Russian?
2006  Alternate cryptocurrencies / Altcoin Discussion / Re: Pool Ops are now the Alt Currency Police on: January 06, 2012, 06:26:17 PM
I would advise everyone to search these forums or the bitcoin related
IRC archives for Luke's past comments on things like religion and gay
people. It made me leave his pool in a hurry.


I've seen these comments... they make him look ignorant, bigoted, irrational and idiotic.  Despite this, I used to think luke was a good and intelligent person deluded by religion.  The latest attack proves that he is not only ignorant and bigoted, but also a despicable person in general.  He may be smart, but he is a worthless human being.

Once I even saw luke saying that he'd support murdering his own son if he had gay sex in a country where it was punished by the death penalty, because it would be in accordance with his religious views and the local secular laws.  A person who says that is not a normal human being, he lies among the scum of the earth.

This is the only public attack on someone's character I have ever posted on this forum.  Luke-jr seems like he deserves it.
2007  Economy / Speculation / Re: Mad Speculator now live on bitcoinica on: January 06, 2012, 06:05:25 PM
Still holdin' on.



proudhon the bull perseveres in the face of uncertainty! Grin
2008  Bitcoin / Bitcoin Discussion / Re: [ANNOUNCEMENT] The Second Bitcoin Whitepaper (Available Friday Jan 6th, 2012) on: January 06, 2012, 02:54:05 PM
here it comes...
2009  Economy / Speculation / Re: $7 today, in my opinion on: January 06, 2012, 01:59:53 PM
I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

When has a correction not happened in the history of spikes?
A correction, sometimes violent, will ALWAYS happen.  It's funny when bears come out and say it's the end of the world.  Look, we're back to 6.85 now.
2010  Economy / Speculation / Re: Nagle on: January 06, 2012, 05:12:50 AM
Nagle?

Last active: December 27, 2011, 02:46:40 AM

Come on man. Give us something. I'd go to your website, but I know how fruitful that is...

He had a heart attack when he saw $5... we never saw him again.
2011  Economy / Speculation / Re: mjcmurfy is an interesting person on: January 06, 2012, 05:11:36 AM
Hi mjcmurfy, I want to point some things out.  These quotes shall explain everything.

A few months ago, mjcmurfy was decrying the evils of speculation:

What changed, mjcmurfy?

lol...looks like he was complaining his sails were no good and everyone else's sails were also no good, and the sail designers are retarded, then the wind started blowing.

Hahahaha, well put.
2012  Economy / Speculation / mjcmurfy is an interesting person on: January 06, 2012, 04:54:38 AM
Hi mjcmurfy, I want to point some things out.  These quotes shall explain everything.

A few months ago, mjcmurfy was decrying the evils of speculation:

Your "speculation" is destroying the long term feasibility of bitcoin. We are just coming out of a massive speculative bubble and you all just keep going without batting an eyelid. How many times do you have to get burned before you learn that speculation is not going to get you anywhere? It contributes ABSOLUTELY NOTHING to the bitcoin economy, it is a simple matter of spinning numbers around all day, and getting lucky when you serendipitously manage to spin your numbers that little bit better than others. And for what? A measly 0.5% or thereabouts? It's a joke.

I have the right to come in here and point out how stupid your behavior is, because you are ruining this project for the rest of us with your greed and short term profit motives. You have no idea what you are talking about, yet still manage to spew an endless supply of bullshit and misinformation.

Forget MtGox, forget tradehill. Get your bitcoins by mining them or providing goods/services in return for them. That is the only productive way to grow the bitcoin economy. Speculation is a zero sum game, and taking money from unsuspecting, gullible people is not morally justifiable. Therefore, I have ZERO time for speculators, except of course to lambast them.

The sad thing is, I see very little evidence of anybody here making decent returns from it. Why are you all so willing to hand your money over to people who are much smarter than you? These people couldn't even be bothered to post here and thank all you all for being such good lemmings.

You people contribute absolutely nothing. All you want is short term gains, and you don't give a shit how you get there.
If it means you take the whole bitcoin project down with you, so be it.

I need to get a life? Take a long hard look in the mirror.

Shortly thereafter, mjcmurfy began to speculate, but did not admit to acting on his hunches yet.

Look at the MACD. It's signaling a huge drop. The RSI is just about to touch 30, and momentum is -1. I'm not normally the biggest fan of technicals, but I honestly can't see how the price could manage a successful rally back to $3 under these circumstances.



Maybe in the medium to long term, but there is no reason whatsoever for the price to rise again in the short term.
Real demand is non existent. The only people buying right now are speculators who don't know what they are doing.

The only way the price will rise is if someone takes a huge gamble and buys a LOT of coins to start a momentum move.
It won't be real, and will quickly deflate again.
That's why it is not going to happen.


mjcmurfy begins speculating!

I'm glad I got back in at $2.20! Cheesy

mjcmurfy earns 95% off the backs of those whom he used to call "good lemmings"

I bought at $2.20, and sold again at $4.30. I was more than happy for someone else to take it from there.
95% profit. Wishing for >100% would just be greedy. Whoever bought those coins off me for $4.30, I apologize. Cheesy

What changed, mjcmurfy?



2013  Economy / Speculation / Re: CAUTION BITCOINICA USERS on: January 06, 2012, 04:12:37 AM
Ahh, Fibonacci retracements... I see.  I'll cross that bridge when we come to it, then.  Let's wait for $9 to come before screaming about the resistance.
2014  Economy / Speculation / Re: CAUTION BITCOINICA USERS on: January 06, 2012, 03:51:06 AM
Of course there will be a correction.  It happened on the way up to $30, and it will happen this time.  There is no escaping the correction.  Yes, be very wary of corrections... reduce your leverage and make smaller positions.

But who the hell died and made you the Manipulator?  Where are you getting $9-12 from?
2015  Economy / Lending / Re: [public loan confirm] 20 BTC loan to zer0 on: January 06, 2012, 03:20:11 AM
Debt has been repaid Smiley
2016  Economy / Speculation / Re: $20 before CES on: January 06, 2012, 01:25:51 AM
THIS IS FUCKING INSANE YOU GUYS. I KNEW IT WOULD SWING BACK WITH A FUCKING VENGEANCE, BUT NEVER LIKE THIS. NEVER LIKE THIS HAHAHAHA!

It is quite something to watch.

It swung so hard, it hit proudhon and turned him around too.  Shocked
2017  Economy / Speculation / Re: $20 before CES on: January 06, 2012, 01:21:43 AM
Despite all the buying there's more visible money on the bid side than ever.  Over $1m now.

proudhon is now echoing bullish sentiments!  He's turned 180 degrees!
2018  Other / Off-topic / Re: Totally Off-Topic! on: January 06, 2012, 12:45:02 AM


I'm disappointed that the press called it a "difficult calculus conundrum," but this captcha is still epic. Smiley
2019  Economy / Speculation / Re: $/BTC Time Series Analysis on: January 06, 2012, 12:39:56 AM
That big blue wall doesn't scare me... we've blown through it several times Smiley
2020  Economy / Speculation / Guess all the price milestones on: January 06, 2012, 12:33:04 AM
This is the thread for guessing price milestones.

When will we reach $8? $9? $10?  We should probably not be creating a new thread every time... otherwise, we'd be making 10 threads a day soon Grin

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