Emphasis mine.

Right; sort of like walking into a tavern and asking everyone to please stop drinking and get a life... lol

Uggh. Why do people never learn???
 
Will it happen, won't it happen? Will it go up, will it go down? Maybe it will go sideways, then diagonally for a while, and bounce off these funky little lines I have drawn on this colorful log chart. Surely this is inevitable! I mean, it's a LOG CHART!! I'll just post about it and give some tentative circumstantial evidence to support my claim. Oh wait, there's a manipulator in the market, we're all fucked! It's all over people, just sell sell sell. NO, wait!!! BUY BUY BUY... now sell. Yep, it's fucked, it's a giant ponzi scheme. Or is it? Hmmm....

Just STOP will you?! PLEASE, I am literally begging. All you traders and speculators make my blood boil. You can't predict shit, so stop deluding yourselves. I'm avoiding this subforum from now on.

Go and do some real work for once in your bloody lives!

Bitcoin needs an infrastructure of miners, exchanges, and merchants to survive. Without that, try to spend your Bitcoins. Maybe the alpaca-socks guy will take them. Or you could try selling them on eBay.

Traded with Imsaguy about 15 coins, smooth and reliable.

For all I care they could all shut down.

A decentralized exchange method will come up.

sent

Hehe! I must be a scammer.

Well they can say this for anything?  I receive my Radeon card but it comes with no fans

I'm a scammer.

I have a hunch that if you sold only physical bitcoins and only shipped them to the AVS-matched address with trackable shipping and a signature required, you'd probably be safe.

xgw5PBGkUAraVYn2AcvNwW63XLB7Gn3yfB

If you send to top address send 25% here and I will add to graphics bounty.

I almost made a new thread but I'll simply use this thread.

I think that we're currently in a very clear dead cat bounce situation and we will actually be locked into a cycle of bouncing for a while now. This is because most people have now accepted the fact that there will be no major uptrend in the near future, so nobody is willing to drive the price to $5+.

Now what this means is that every time we go up a certain percentage, there will be massive selling pressure. A very high percentage of all activity will be simply day trading. The bag holders don't want to sell if they haven't already, because they think the price can't go much lower anymore.

On the other hand people waiting to buy are not sure if it's low enough yet and are very caucious, most likely waiting for the price to go lower.

This to me looks like we will be fairly stable for the next few months and possibly bottom out at lower than $2.x at some point. After that it's really upto the real Bitcoin economy what'll happen, if there are real developments and increased adoption, we will have a new uptrend. This uptrend will be more massive than anything so far if it takes off, but it won't be based on pure hype. Stuff needs to happen.

But an economy is not built in a day, I'm not even convinced Bitcoin will really flourish next year. It might take many years. But as long as it's functional and legal there are very good odds we'll see good things in the future.

Their prices are nearly 2-3 times the current at mtgox

I'm looking for suggestions on this point.

http://www.btcnow.net/ is what you're talking about.

Sorry, man. All out.

As best I can tell 35.5% of all bitcoins have already been minted. These 7,473,950 coins are all property of existing bitcoin users. There seem to be about 41,280 registered members of this site. I'll be generous and say there are ten times as many bitcoin users as there are members. That means about 410,280 bitcoin owners with on average 18 BTC each. Clearly BTC ownership is more concentrated than this, but lets be egalitarian for the moment.

If we pretended all bitcoin owners were all Americans that is about 0.13% of the population. It's not of course. Bitcoin is intended to be a world currency. So 0.0068% of the world population own 100% of all current and at least 35.5% of all possible bitcoins.

The view on this forum is that the world will come to their senses, throw out fiat currencies and move to something rational like Bitcoin. This of course means 6,000,000,000 people basically begging to use a resource owned by a relative handful of people. Say we just minted up the remaining 13,526,050 BTC and scattered them to late adopters purely out of the kindness in our hearts. That means about 0.00225 BTC for each of them to use in rebuilding their economy. Sure 18 BTC on average doesn't make us feel very rich. But it is 8,000 times what everyone else would have if we stopped competitive minting today.

But we won't stop competing of course. Sometime around Pearl Harbor Day of next year Bitcoin will hit the 50% distributed mark.

----
By that day, how many active Bitcoin users and daily goods trades do there need to be to make a sustainable Bitcoin economy viable?
----

Because to potential new adopters, after that point Bitcoin is going to look like a new a 21,000,000 coin currency with a 10,500,000 coin pre-generation that went to the creator and his "friends". Certainly people will stop caring about Bitcoin long before they show up on our doorsteps with signs saying,

"We are the 99.9932%!"

Hi,

I would like to buy 10 bitcoins with my PP. If you ae interested please PM me.

Trust is a must!


Thanks Jack.