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2141  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 10:22:48 PM
ehhh i figure 1/4 million can buy me a decent 50 footer ... most people would consider that a yacht and not a simple boat ... some may argue only 100 foot + counts as a true luxury yacht ...

Happy shopping (good luck with that 1/4 mill)

http://www.ypigroup.com/luxury-yachts-for-sale/index.htm

 Wink


(on a side note, many less yachts available for sale compared to this time last year)
2142  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 09:19:01 PM


2143  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 04:21:33 PM
Moreover, no one really knows how hard it is to compute a valid block.  The trial-and-error method used by miners is just the most efficient method that we know; but there is no proof or other evidence that there is no better way.

Would you consider the fact that nobody has ever found a collision of sha256 function an evidence? There's no mathematical proof, but there's more then enough evidence that any other method is not even on the horizon. It's not only a Bitcoin issue, if any of modern hash algorithms would be compromised the whole cryptography would be hammered.

meh... why let a little something like that get in the way?   Grin
2144  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 05:03:40 AM
^^

snip
(Also, how do you make an image smaller?)
Oh for god's sake. MS paint then resize> change to pixels> and type in like 600 or 800 and let the rest auto populate> save

Duh, I mean... can you make it smaller directly here through format code alone? I'm gonna guess no, based on your answer.
2145  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 04:57:46 AM
bitcoin it is worth its weight in gold.
Care to explain the current price of gold then?
First you tell me the weight of a bitcoin.  Cheesy

So, something's weight is directly correlated to it's value? Just because something's density is cero kg/m3, doesnt meant it's without value. Care to explain why mercury and gold are differently priced? Why is lead and gold differently priced? Seems like an arbitrary choice made by society that we all just accept for convenience. Could something digital get to that status?

hmm...

hmm...


See any similarities?
(Also, how do you make an image smaller?)

Once you click the add link to image, replace the starting text [img]yourlinkhere.jpg

With  

[img width=50]yourlinkhere.jpg

 or 100, or 200 etc

(see example above)

2146  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2015, 03:23:21 PM
Don't feed lambchump Wink



Ha ha good one.

2147  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2015, 01:24:10 PM
Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.   The latter think that the chances of it being worth more than 1300$ anytime in the next few years are much less than 20%.
I don't know where you get the stat but I feel sorry for them.
It is not a survey, just math.  If anyone with money to invest thought that the chances of BTC hitting 1300$ in the next 2 years were higher than 20%, they should buy it even for 300$.  But they aren't, so...
Why not 19% or 21%?

Just rounded the number.  To get a more accurate value one should consider also the chances of it reaching 1200 but not 1300, 1100 but not 1200, 1000 but not 1100, etc.  Then one would get much less than 20% for "will get above 1300".

The 20% number is the upper bound, assuming that those buyers consider only two possibilities: "will get higher than 1300$ sometime in the next 2 years" or "crashes to 0$ right after I buy it, and stays there forever".  Then p*1300 + (1-p)*0 < 255, which gives p < 255/1300.  If they are considering other cases besides those two (which of course they are), then p must be even less than that.

Anyway, note that it is what "the market" must be thinking, not what I think.

Terrible backwards logic.
2148  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2015, 07:35:09 AM
I would not hold your breath.
2149  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 04:00:27 PM

My, nerves are badly exposed here.  

I though that it was people buying that made price to go up.  Sorry for the stupidity.  What is the real cause? the Mystic Vital Force of the Triangular Fibonacci Retracements, or whatever?

The giveout was only 10'000 BTC total and spread out in time.  This jump was too sharp to be that.

Could it be Gavin's tweet?  It seems that many people read it as some breaktrough that would boost the block rate 60x and/or solve the problems of 20 MB blocks.


I was yanking your chain Jorge...

However I do believe all of the people on my list , are well how can I put this....... people?

I never said people do not buy now did I Jorge?

It could have been Kimmy, or, it could have been one of the other 7 billion people on the planet.... just maybe but do not quote me on that.


(edit- Jorge, it could have been someone that really wanted 50K of bitcoins, and has been waiting for a moment to buy, and has decided for various reasons, this was the moment he/she/they were waiting for, and so they bought, it may even happen again)

I guess they don't care that 50K is up for auction soon.

And here I thought I didn't need to be checking prices this week.  I don't have alarms set Grin


Do not talk to me about alarms! : )

I guess that for whatever reason they did not care about the upcoming auction... who knows what their reasoning is, it could be one of a million and one scenarios.  Maybe they have a devious plan...maybe they know something that we do not...maybe maybe they have this assburgers I keep hearing about?


2150  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 03:45:38 PM
The matrix has shifted.  Can anyone else feel it?



In the UK we call this "sunshine"

(little joke that anyone in the UK will get today)
2151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 03:29:21 PM
...
The blockchain is already what? 30Gigs? 40gigs?  That's a lot of storage and a lot of bandwidth. If you were to increase the size of the blocks it will become very costly for individuals to run full nodes, leading to centralization...

If we end up not liking it, we can always change it back.  Just like the 21 million coin limit Smiley

That was cruel.  Cheesy

Yeah... try that.

 
2152  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 03:14:53 PM

Also can't read much of code but, larger block size is a GOOd thing. Why? more hashed information per unit block. Not just for bitcoin transactions, but for any information to be stored in a block and validated by the network. Can't you see why this is a good thing? bitcoin blocks can be used for more thanjust bitcoin transactions. good thing in my books.

The blockchain is already what? 30Gigs? 40gigs?  That's a lot of storage and a lot of bandwidth. If you were to increase the size of the blocks it will become very costly for individuals to run full nodes, leading to centralization.

Also removes the idea of scarcity in the block. To maintain the incentive for the miners is to maintain the security of the blockchain. Once the reward gets cut down it is imagined that the fees will replace this incentive. Scarcity and an open market fee structure would hopefully provide enough incentive to keep the miners interested.

I'm not fully on the side of either camp just yet, any changes (or stubborn refusal to change) could result in unintended consequences. I'm just saying we should tread lightly.

The cost of storage and bandwidth is falling per fixed dollar at an exponential rate (on a yearly -18 months basis)
2153  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 03:01:02 PM
...
Is that a list of bitcoin symptoms?
...

Here:



Can we make some of these people Caucasian /brown? Just for balance?


Yeah make one side white and the other black... and it can be the yin and yang of ebola adapted anti bitcoin propaganda.
2154  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 02:34:35 PM

My, nerves are badly exposed here.  

I though that it was people buying that made price to go up.  Sorry for the stupidity.  What is the real cause? the Mystic Vital Force of the Triangular Fibonacci Retracements, or whatever?

The giveout was only 10'000 BTC total and spread out in time.  This jump was too sharp to be that.

Could it be Gavin's tweet?  It seems that many people read it as some breaktrough that would boost the block rate 60x and/or solve the problems of 20 MB blocks.


I was yanking your chain Jorge...

However I do believe all of the people on my list , are well how can I put this....... people?

I never said people do not buy now did I Jorge?

It could have been Kimmy, or, it could have been one of the other 7 billion people on the planet.... just maybe but do not quote me on that.


(edit- Jorge, it could have been someone that really wanted 50K of bitcoins, and has been waiting for a moment to buy, and has decided for various reasons, this was the moment he/she/they were waiting for, and so they bought, it may even happen again)
2155  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 02:27:45 PM
dribble

Look Sporket.... I was having a laugh, it was a joke.

Get over it.

Have a nice day.

Go and fuck yourself.

Bye now  Smiley
2156  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 02:22:57 PM
...
Also why would a 50K buy from KimDotcom be "just a large buy"  is he subhuman? or his RMB not as good as the next guys? or are you insinuating that it is "just" the actions of some sort of bulltard millionaire who has no idea what they are up to? hmmmmm?  

(note to all exchanges if Kimmy wants to buy 50K coins, spit in his face and call him a cunt, apparently Jorge says his dollars are not good enough and do not count /s)  Cheesy Cheesy Cheesy Cheesy Cheesy

Have you ever been tested for Assburger's?  Serious question.

what are you on about you retarded fuck? Serious question.
2157  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 02:06:55 PM
Couldn't that jump have been just a large buy by Kim Dotcom?


It could have been, but then it could have been Bill Gates,

or it could have been Michael Jacksons Dr

Or it could have been Ben Lawsky

Or it could have been King Abdullah II of Jordan

Or it could have been the guy that ran off with Adam Drapers 50K

Or it could have been Mr and Mrs Wattanabi

Or it could have been Justin Ratner

Or it could have been Adam Gubersnoz

Or it could have been Mark Karpeles

Or it could have been Mrs Obama

Or it could have been.........

You get the idea.


Also why would a 50K buy from KimDotcom be "just a large buy"  is he subhuman? or his RMB not as good as the next guys? or are you insinuating that it is "just" the actions of some sort of bulltard millionaire who has no idea what they are up to? hmmmmm?  

(note to all exchanges if Kimmy wants to buy 50K coins, spit in his face and call him a cunt, apparently Jorge says his dollars are not good enough and do not count /j)  Cheesy Cheesy Cheesy Cheesy Cheesy

 
2158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 04:18:56 AM
fuuuuuuuk

I need a fucking cup of fucoffee.

(edit:sod this I am going back to sleep)
2159  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 04:13:30 AM
Fucking alarm at fucking four in the fucking morning fuck bitcoin, fuck alarms, fuck this stupid time...Fuck fuck fuck fuckety fuck fuck.

What is fucking happening are we on the way to the fuckin Oort cloud??

Fml

2160  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2015, 12:20:03 AM

Adam Draper is Tim Drapers son

Wow, they do not call you bullet for nothing
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