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2041  Economy / Speculation / Re: If it goes to $275, are you going to keep faith or just give up save the little. on: January 06, 2015, 01:13:22 PM
$ value to BTC doesn't really phase me. When Bitcoin acquires true market adoption there would be no exchange rate...

Til that day, I'll be spending my real money and laughing at you dreaming your BTCeanie BTCabies Bitcoin world domination dreams.

You must have made yourself a rich man by now going short?

Edit: brother, can you spare a dime? Tongue

I entertained myself by going short.  Mentioned many times that I've been trading gambling with pocket lint since last year--real trading in a market this unregulated is impossible.
It wasn't possible before 2014 either, but imagine happening into a town full of rubes already sold on monorail?



It's the future, they're whipped up into a frenzy by their "visionary" friends



They're already congratulating each other for being "early adopters," for "understanding" the technology, for having torn the veils of mundane reality for a glimpse of the forbidden, naked (and sorta hawt, in that Rubenesque sorta way) TRUTH!



high-fiving each other for not being sheeples & having the balls to join the money revolution (by spending a few bux).
They're helping each other count their rewards (presumably for having such bold conviction and massive balls)!



Have you imagined this like I told you to?  Good.
These investment enthusiasts were beyond help (though, God knows, I've tried), beyond reason, they were locked in as if on rails, their fate was sealed.

Can you really blame me for profiting from their stupidity?  In light of the fact that they are firm believers in the rightness of ruthless laissez faire markets?  In light that even as I was taking their money, I honestly told them (over and over and over, as I'm still telling them now) EXACTLY what I was doing and EXACTLY where their wacky antics would lead?

2042  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 06, 2015, 10:15:26 AM
...
Although I wish loss on noone, there would be something delicious about a certain bear troll with >5000 posts bashing btc finally buying back in at the exact moment bitstamp goes dark Wink
That would be very ironic.


2043  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 11:03:03 PM
Whoa, check out that bangin' green sex toy on BFX!
2044  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 11:00:38 PM
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If you're having security issues you might want to wait till they are all plugged before you tell the world about them in full.

You might do the same if you're stalling for time Undecided
2045  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 10:43:57 PM
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Nejc handled it well...

That's the spirit.
2046  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 10:40:15 PM
Bitstamp Claims Roughly 19,000 BTC Lost in Hot Wallet Hack

http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack

Speechless.  Bitcoin's premiere exchanges can't secure their coin, but Bob the Plumber's is totally safe.  Long as it's airgapped from the intertubes.
2047  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 10:30:18 PM
Where are the decentralized P2P exchanges? Let's build and support!

OK, but do I get to hold all the fiat, or how does that work?
2048  Economy / Speculation / Re: A MAJOR Factor Contributing to the Price Crash... Not Yet Addressed on: January 05, 2015, 10:27:38 PM
A major factor contributing to the price crash is that the total BTC Network Hash Rate has spiked nearly 14% in just the past 3 days.
...

You realize that Bitcoin inflation rate has been ~12%, not 10%, in 2014, right?  And though the hashrate spiked over the last few days, it has declined over 2 out of 3 previous difficulty adjustments.  The price has declined during that time also.
2049  Economy / Speculation / Re: Automated posting on: January 05, 2015, 09:46:15 PM
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Bitcoin will finally separate from fiat, will become much more useful, and its price in USD will have no significance.

That's like poker chips you can't cash in, or money that doesn't buy anything--pointless.
2050  Economy / Speculation / Re: I'm All In - Sold My House! on: January 05, 2015, 09:42:51 PM
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    What about the people who buy bitcoin because they don't want banks owned by the 0.01% elite destroying the lives of working people with their hard earned savings?

Brah, you Bitcoiners steal from each other so fast, even teh crookid banksters want nothing to do with you.  But hey, if it feels better when surprise buttsecs comes from a Bitcoiner Roll Eyes

2051  Economy / Speculation / Re: If it goes to $275, are you going to keep faith or just give up save the little. on: January 05, 2015, 09:21:35 PM
$ value to BTC doesn't really phase me. When Bitcoin acquires true market adoption there would be no exchange rate...

Til that day, I'll be spending my real money and laughing at you dreaming your BTCeanie BTCabies Bitcoin world domination dreams.
2052  Economy / Economics / Re: why do people agree to pay taxes? on: January 05, 2015, 07:35:59 PM
>thinks education = brainwashing
>calls people clueless

That gas u huffed instead of getting brainwashed in school?  Guess u were 2 cheap to buy unleaded Cheesy
2053  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 06:08:34 PM
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Yes and if we were to experience a 2013 rate of growth again, we'd be put at $35k/BTC at the end of november. Funny this market, ain't it?

Funny how hope is always the last thing to die, ain't it?
2054  Economy / Economics / Re: why do people agree to pay taxes? on: January 05, 2015, 06:07:00 PM
John Gatto explains it perfectly: https://www.youtube.com/watch?v=GxCuc-2tfgk

The only reason for school is to program future behavior to authority...

There might be other reasons, but don't let that distract you from huffing gas, whining about taxes & losing money in Bitcoin.
2055  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 05:56:27 PM
Going down again?  Meh.
2056  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 05:52:30 PM
Stamp selflessly sacrifices its credibility to stem the run on Bitcoin, and all you Bitcoiners do is ridicule it.
You gentlemen don't even know who your heroes are Angry
2057  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 05:12:02 PM
... Fiat exchanges are robbed every day ... we don't hear about it because they just print more money. ...

I don't mind you Bitcoiners stealing from each other so much, it's actually pretty entertaining.
But why must you bitch about real exchanges every.single.time you get assraped by one of your own?
Like dealing with battered housewives who blame everyone but their abuser.
2058  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 04:12:08 PM
If this can happen at Bitstamp it can happen at any exchange.  Keep your coins on your home PCs in an encrypted wallet, files backed up or in a paper wallet if you are HODLing.

Another sad day for BTC, hopefully Bitstamp can cover these losses.

+1. Bitcoin's only safe if you never have to use it.
2059  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2015, 04:10:13 PM
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Also some traders might accept the risk of being goxxed for the profits of shorting, so it is like a bet, not stupidity

I was told Bitcoin, the trustless P2P currency, was created to eliminate third-party risks, but you say it ain't so?  Dang...
2060  Economy / Speculation / Re: Bears are in the same team with the bitstamp thefts on: January 05, 2015, 04:03:41 PM
I think it is the same bunch of people that play the roles of both bears and thefts. They sold the stolen coins to drag the prices down and then used their ambushed short position to further maximize their profits. The 3K coins sold at $300 might be the stolen coins.

All your coin are belong to us Cool
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