They should make Shitcoins... Oh! Gotta go mining some... Anyone want to trade? We accept Gold Nuggets and Shit Nuggets as payment .... |
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the pizza slice is awesome
I dunno...it's got olives on it. Who likes olives, honestly? I do, not that much on pizza though. (BIG pizza fan by the way, I survive on the stuff  ) |
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Erik Voorhees for the TED talk. He's always on point, and seems good at PR as well.
+21,000,000 +1, the man understands bitcoin and economy. |
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Stunning resultss... The one voter who has confidence in silver, come and buy some from me at the links below!  There is a difference between having confidence in silver, and thinking it will reach $100 faster than bitcoin... |
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The value of it's gone up about twenty times since I bought it, back in the eighties.
That's quite a return. I live in urban area, and I don't have lot of storage space or any knowledge about wood really, so I guess it's not for me, but kudos on your investment decisions so far (both wood and btc ) EDIT: just out of interest: is it hard to find a buyer/seller at a good price? What is the typical "spread"/cost of transaction so to speak? |
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Gold has always been a bubble. I'll never understand why people seem to fetishise it as the substance that is the basis for all value everywhere. I mean, I understand the history and all that, but it's not the greatest currency ever. Now that we aren't on the gold standard any more we should be trading it based on it's use value, but it's exchange value has very little to do with it's use value. People seem to think that when the zombie apocalypse happens gold will be the only thing worth having, rather than, say, weapons or clean drinking water.
 Zombie apocalypse: no. Financial repression and monetary dilution: yes (or replaced by bitcoin). |
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75 is too fast too soon. I expect a consolidation around 60-65, maybe a few minor spikes trying to break up but with no real momentum.
This is what my money's on. Literally. I am assuming you are using options or something similar. If you can handle the brain-melting aspect of the video, this might be appropriate: http://www.youtube.com/watch?v=kdvTkddp1F0Hope you have damage control. |
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I was gonna start this out with a bunch of links to this whole cypress situation, but there are far too many... I figured if you just google:> cypress bank account confiscation <:you can go and look for yourself... My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price? You won't find much if you search for the name of a tree. You might find a hill ... |
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My money is invested in my business. Just moved premises at great expense, so not allot of money lying around for bitcoin investment right now. But your right, if there is such thing as a safe investment in this day and age, then I dont know about it. So Bitcoin is one of the bester options, or perhaps guns
Guns aren't bad - one of the last bastions of fine machine work. And useful, on occasion. Long-term, you might want to think about rare wood, too - if you have the space and proper atmospheric conditions to store it. Padouk, zebrawood, amaranth; like that. As climate change and deforestation in the third-world areas where most of it grows take their toll, the stuff has been gaining value very nicely. Wood far outperforms most investments; and has, for as long as I've been paying attention to it. It doesn't outperform bitcoin, of course; but it is diversification. Sad cause, but interesting investment advice. |
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My question is, do you think this is the reason for the most recent spike? or is this just a symptom of the greater problem that is causing the prolonged rise in price?
I guess both. The last part is certainly true. Confiscation is a symptom of economic and financial crisis. The counterparty risk and fiat dilution that are accompanied by such a crisis is the reason why people look for alternatives such as bitcoin. |
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No, it's not.
Newcomers are coming in and buying high. Why would they sell low?
Newcomers often contain weak hands. But a few corrections later, the strong remain, and the net effect is positive imho. True... and more hands is better; particularly when they have more to gain and less to lose from holding. I think we're seeing the Reddit effect this week + EU uncertainty. The current rally has more steam left in it yet. You could be right. Cyprus is probably big psychologically. Given the amount of news we have had these past weeks, and the variable lag between a person getting interested in bitcoin and acquiring it for the first time (or acquiring more), I have given up on trying to ID the causes of price movement. |
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No, it's not.
Newcomers are coming in and buying high. Why would they sell low?
Newcomers often contain weak hands. But a few corrections later, the strong remain, and the net effect is positive imho. |
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I think it would be both physically and figuratively more correct if the bears in this pic were getting burned... |
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Oh man some good laughs in there.
"Bears are like, WTF"
Not to forget " Time seems to be holding steady"  |
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I didn't buy since $13.5. I've made a deposit on cavirtex and now I'm wondering what should I do?  Your choice, but I don't think its gonna come down a lot. Blockchain fork was venting event (to throw off weak hands and idiots that tried to outsmart weak hands like me ), we had a nice plateau, now we are going up. In log scale we are just continuing the same uptrend. I could be wrong of course, but I feel pretty darn bullish. EDIT: always possible that we briefly retest 50 though. But I definitely don't think we ll go a lot below that, and I wouldn't place any money on actually going back that much. |
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Maybe 40% sarcasm, 20% frustration, 40% amazement. I can name numerous indicators: the price is already way above the hourly SMA 200, ease of movement is at all-time high(what comes up too fast must come down), ADX is not looking good, not to say the bloody red daily RSI that stays overbought for 2 months and has already performed multiple failure swings, but fucking bitcoin just defies EVERYTHING.
Still remember when my jaw dropped the moment we hit $16-ish, now the numbers are reversed |
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Pretty woman in gem store was so charming... so I bought that peice she offered LOL, that looks awfully like a chunk of pyrite. I think he might have been looking at the non-metallic gem when he was making his purchase  |
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screw 'buy bitcoin', check out 'blockchain' ! |
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Do you remember how long it took MtGox to get back to trading after they got hacked, and how many deadlines they set, yet nothing happening ? Things takes time, and this community seems to be plentiful with people who are not good at judging how long things will take! I for one can say that I am a horrible judge of time ! And I mean absolutely horribly. |
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