While one of the great benefits of the Bitcoin exchanges has been round the clock trading, maybe this is limiting the exchanges abilities to do upgrades, clean up their servers, and general technical maintenance.
If the world stock exchanges that are trading in hundreds of billions have exchange hours- perhaps bitcoin exchanges with the tinniest fraction as much money should consider trading hours as well. I'm sure it would be a hard sell to make, as lots of people abandon sleep to watch the market, but it might do the entire economy good.
The exchange could close outside of business hours and we would be forced to trade in different timezones. It would diversify the exchange economy, and each exchange would have a chance to address issues in peace, without panic spreading like wildfire from a few minutes of downtime.
Let the exchanges figure out what system serves them best. Let the users decide which exchanges serve them best. Free market economy at it's finest. If you don't operate an exchange, you don't need to worry about this.
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But if you sold hoping to jump back in at a lower price, and you haven't jumped, you've just made Gox and some other soul some money.
Guilty .
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Man, I put like 5 bitcoins on "bitcoin won't have a $5 daily drop before march 15". Not liking my odds now I'd take you up on that bet, but looks like Bets of Bitcoin is down. http://isup.me/betsofbitco.inCare to make a bet here? In this time of uncertainty, I would like to hedge my situation.
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Man, I put like 5 bitcoins on "bitcoin won't have a $5 daily drop before march 15". Not liking my odds now I don't think this will break bitcoin or anything, but it could set us back a few months. I had some too thats the wrong side of the bet. if you're holding coins and u want to hedge against a drop u should have been on the other side now wondering if they're using the CLOSING price if they're just comparing the HIGH vs the LOW then you lost sucka It is the closing prices, but still not liking my odds.
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Man, I put like 5 bitcoins on "bitcoin won't have a $5 daily drop before march 15". Not liking my odds now I don't think this will break bitcoin or anything, but it could set us back a few months. Quick, put 10 BTC on it will! Doesn't work like that, if you put your bet on the same day it happens, it doesn't count
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Man, I put like 5 bitcoins on "bitcoin won't have a $5 daily drop before march 15". Not liking my odds now I don't think this will break bitcoin or anything, but it could set us back a few months.
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how do you get on the IRC channel?
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I think we are still gonna go up. BTC price has appreciated rapidly, and we should have a serious downturn somewhere in the future, but the price action of the past days has convinced me that there is still a lot of dry fiat powder lighting up this rocket.
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I am finding it hard to adhere to my long-term strategy of selling little bits now and then along the way up, just because it looks so darn bullish (despite the crazy bubblespeed appreciation).
Stick to the plan.BTC may look like it's on its way to the moon, but we're still in the zone where anything can happen. Unless you're a wizard, the only way to win in a volatile, emotional market is to decide on a strategy and follow it relentlessly, no matter what your gut says. You are right, I intend to, but the charts aren't making it easy on me .
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What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.
I figured this is the place to ask, and it could be helpful for newbies who are following this thread.
Heard good things about these guys, think they are based in Europe (germany?) http://bitcoincommodities.com/index.phpWell, it is a way to buy PMs with bitcoin in Europe, but they are more expensive than the traditional alternatives.
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Yeah, I sold some coins at the previous top and rebought some of them during the subsequent dip, but I am impressed by the rebounce as well. I am finding it hard to adhere to my long-term strategy of selling little bits now and then along the way up, just because it looks so darn bullish (despite the crazy bubblespeed appreciation).
Well, we must take some things into consideration when measuring the rally: * If someone wants bitcoins, he can A) Mine them or B) Buy them * Therefore, the price must have a relationship with the network difficulty * The network difficulty was much smaller in 2011 * The last rally was from 0,3 to 30 before bursting * The current rally started at 5 * The network difficulty is higher now So, who knows? The chart says there is still bull strenght, so I'm in again. http://www.pointzero-trading.com/Blog/view/20Yeah, I am more of the view that difficulty follows price than the other way around(although obviously a stronger network might persuade people to invest as well if they felt the previous strength was insufficient to provide security).
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Hi All,
I sold some days ago at 48.5 raking a good profit and posted about it. This post is to let you know I'm back in. I placed a semi-stink bid which got executed after being surprised by how the bitcoin price recovered fro the plunge. If the 50 resistance is broken, I have no bloody idea where this is going but seems like the bubble has a very good run ahead. But one thing is for sure, if the 50 resistance is broken, price will go vertical and be awash with volatility.
However, I have decreased my bitcoin exposition to just 25% of what I had before. And purchased cheper =P
PS: Rumor as reached my ears that bankinter bank is creating a product based on bitcoin.
Yeah, I sold some coins at the previous top and rebought some of them during the subsequent dip, but I am impressed by the rebounce as well. I am finding it hard to adhere to my long-term strategy of selling little bits now and then along the way up, just because it looks so darn bullish (despite the crazy bubblespeed appreciation).
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What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.
I figured this is the place to ask, and it could be helpful for newbies who are following this thread.
I like http://www.kronwitter-muenzen.de , although the website is only viewable in German. I don't have any affiliation with the site, but I believe they are trustworthy (If not [I haven't done any hole drilling or chemical tests on my PMs], then I would rather hear about it here than to buy more from them ).
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The real question is, since this is the bitcoin forum, why didn't you send them pictures of some titties and request a little courtesy and maybe prospect of more?
Lol, I don't like to encourage the problem. The REAL real question is why anyone needs to ask a complete stranger, female or not, for nudie pics? It's not like there is some sort of shortage of them on the net. Hear Hear
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Beware! I just dumped 16 BTC !! I sensed a disturbance in the Force, now I know what is was .
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It's more likely how men on the internet react to women.
A few months back, I must of said something that led a large group of people on this forum to believe I was a woman (I'm still not sure what). I know this because I woke up one morning to a flood of PMs asking to date me and asking for tit pics. Some of them very obviously spent that entire night reading every post I'd made on the forum up until that point. It was super creepy, and I'm not even a woman!
Are you all going to ignore the elephant in the room? Fine, I guess it is up to me to ask the question on everyone's mind then: Did you end up sending them pictures of your chest?
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4% female users are really very little. If Bitcoin system would became more “user friendly” than woman will start to use it more and more.
Regards, Inge (4%)
Why? Aren't women as smart as men? It's more likely how men on the internet react to women. A few months back, I must of said something that led a large group of people on this forum to believe I was a woman (I'm still not sure what). I know this because I woke up one morning to a flood of PMs asking to date me and asking for tit pics. Some of them very obviously spent that entire night reading every post I'd made on the forum up until that point. It was super creepy, and I'm not even a woman! Wow, that must have been a weird experience. I don't know whether I should laugh or feel sad for humanity. By the way, I think in the case of bitcoin, it is probably just so that the majority of women aren't very attracted to very abstract or heavy technical stuff, without that saying anything about general intelligence. If you go look at any engineering or science department (except for biology), you ll see an overrepresentation of men.
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You do realize that as the price rises more sellers come online, right?
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Pardon my French, but: fuck security. Nothing is safe, nothing is secure, enjoy the thrill and live.
False argument. The Permanent Portfolio is safe. I don't think you'll enjoy the thrill if you lose your lives work. I think you'll find that in an early adopter environment such as bitcoin still is, a lot of people have strong convictions and a risk tolerance that more traditional investors would find insane .
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