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221  Economy / Economics / Re: Economic Devastation on: January 03, 2015, 02:48:07 AM
so all this low inflation is symptom of illness and their cure is to print more  Huh
 

222  Economy / Speculation / Re: Wall Street. on: January 03, 2015, 02:40:32 AM
Wall street and banks can't deal with bitcoin

223  Economy / Speculation / Re: Automated posting on: January 02, 2015, 10:28:47 PM
they still can't take us sub 300.

Hang on just a bit longer...
224  Economy / Speculation / Re: How a bull market begins on: January 02, 2015, 10:22:04 PM
TL;DR Gentlemen. Please, oh please buy my bag.  For the love of Satoshi, I'm begging you!

No.  

225  Economy / Economics / Re: there is always money moving on: January 02, 2015, 08:01:05 PM
This doesn't prove that money is coming in, only that money is moving from one wallet to another.

I like your hopes though, let's all hope that more money comes to BTC.

It does nto matter if it come in or not important is that is moving and blockchain is useful.

Is there something special for 66.96 or 66.97 BTC? Most of these transactions goes around 66.96 BTC, why?

They were made by same person.

>blockchain useful
>pic with same coins shuffling back and forth

I guess...
226  Economy / Securities / Re: [Havelock] RentalStarter - A Midwest Real Estate Investment Company on: January 02, 2015, 07:53:12 PM
As I've stated, I've been compliant with what you've asked and even committed to no longer raising funds on any bitcoin system.

I have little to no influence as to what my brother does with his business.


Another lie, Mr. Schlichter?  Your third (final?) funding round postdates this. Angry
227  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: January 02, 2015, 07:27:26 PM
OK, ignore the "disastrous performance" if you will.  There is still the fees, failed promises, and (apparently) having to watch the share value drop without being able to take the money out.  Now, remind me, what were the advantages of buying fund shares instead of buying bitcoins directly?

Your mother or grandmother can own Bitcoin without needing to read the forums for three weeks to figure out security.

Not everyone who invests in Bitcoin has a horizon of 60 days to get rich.

Why would my mother want to invest in a tanking currency through a proxy (which also stops her from selling it)?
Mom may have her issues, but she ain't stupid Angry
228  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 02, 2015, 07:12:13 PM
Also the cloud mining scams rattle the market.

Didn't AMHash vouch for hashie?
229  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 02, 2015, 04:30:46 PM
In markets itīs always best to discuss things before they happen.

Any idiot has hindsight.

You can always click on the first page of this thread to see people doing just that.  But I guess you knew better Sad
230  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 02, 2015, 04:19:42 PM
Hi everyone,

Thanks to everyone who crowdfunded the production of this song!

Angry Cheesy Angry
231  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 02, 2015, 04:16:10 PM
The problem on havelock is that there is no demand for buying share but too much for selling. The thing people can do right now is just stop selling and wait. Lets keep share around 0.01 btc. What if btc price is up to 350 or 370 next few days?

The reason there's no demand is the supply of greater fools is not infinite.  Please follow your own advice and hold, so that others may dump at a better price.
To answer your second question:  The coins you lose will be worth more.
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2015, 04:02:13 PM
Remember these promises from bitstamp?

Quote
Additionally, a financial statement audit is in progress.
https://www.bitstamp.net/article/Bitstamp-BTC-Proof-of-Reserves-May-2014/

4. Bitstamp is now performing quarterly financial audits and will post our financial reports on our web site.
https://www.bitstamp.net/article/Statement-by-Bitstamp-regarding-MtGox-insolv/

Did they deliver on this? If not, I wonder why  Roll Eyes

A bitcoin exchange not on the up and up?  Unthinkable!
233  Economy / Speculation / Re: Prepare for a new big drop. on: January 02, 2015, 01:36:56 PM
Are they trying to convince us or themself?

Both.  I see those fanatics starving in their trenches, quarreling with rats for the remnants of their rotting, half-eaten comrades & dreaming of world domination.

234  Economy / Speculation / Re: Alternate Cryptocurrencies Keep The Price Of Bitcoin Down on: January 02, 2015, 01:13:19 PM

Looking at the market caps of some of these shitcoins, I am somewhat surprised as to how valuable they are. I am not entirely sure how they got so much money invested in them (there must be a lot of suckers out there)

Because ground-breaking, paradigm-shifting, black-swanning, point-tipping disruptive technologies, brah.  As a bitcoin aficionado, you should understand Smiley
235  Economy / Economics / Re: Bitcoin > Banks! WINNING! Banks caught scamming! on: January 02, 2015, 02:27:19 AM
Bit ironic how bitcoiners rage against banks stealing munyz while their buddies, the other bitcoin financiers, pound them without so much as a kiss, a bit of lube, or even bus fare home Sad  (pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.) Undecided
236  Economy / Economics / Re: Russian Ruble drops 12% in one day. on: January 02, 2015, 02:17:45 AM
According to wikip:
"Break-even (or break even) is the point of balance between making either a profit or a loss."
I agree with the wikipedos: Breaking even has nothing to do with being able to pay the mortgage or balance a country's budget.  
If Libya can charge more for a barrel of oil than it costs it to get that barrel out of the ground, Libya is doing better than breaking even.  Its other expenses are neither here nor there Smiley
/aspie nerd mode
237  Economy / Economics / Re: Russian Ruble drops 12% in one day. on: January 02, 2015, 01:04:35 AM
There is less than handful of major oil-producing countries that can bear current prices, that's because their budgets are very dependent on oil taxes.
Even Saudi Arabia has a breakeven price of oil of about $100.

From your link:
"Based on Citi’s research, Libya looks as if it could be facing a serious fiscal hole, with its breakeven for 2015 at $315."

Unlikely oil will hit $315 anytime soon Sad  Guess Libyans could try eating their young...
*seriously tho, do you not see a problem with that definition of "breakeven" [sic]?
238  Economy / Economics / Re: Russian Ruble drops 12% in one day. on: January 01, 2015, 09:53:56 PM
Losing trade with Russia does hurt Europe and other places, some worse then others but in the main Russia was and is about oil and gas and they can be replaced.
How do you replace 7 million barrels a day oil exports from Russia? That's like 8% of all world supply.

By decreasing demand?  By other countries producing more?  By splitting coal & burning atoms?
Who knows, maybe them newfangled solar panels, windmills, and biodiesels have finally reached the tipping point? Cheesy
If it was that easy, it would be already done. Replacing such an amount of oil is no impossible, but very costly, so improbable.

I know next to nothing about oil, but:
Oil producers are not operating at max capacity.  They're not sucking out oil out of the ground at any cost.  Here's a (outdated) profitability chart:

If the supply is reduced by 8%, the price would go up enough to make some of the unprofitable wells profitable again.  Outcome: oil a bit more expensive, but no shortage.

Quote
As of renewables development, if it allows us to significantly lower oil demand, then the oil industry will suffer as a whole, not only Russia.

Not necessarily.  Again, don't know enough to call it, but here's a hypothetical:
If it costs $30 to produce a barrel of oil in country A, and $70 in country B, would oil price dropping to $60/barrel affect both countries equally?
Of course not.  Country B would have to sell its oil at a loss Sad

But you're right about renewable energy thingies, I was just joking.  Coal and nuclear - those are real, tho.
239  Economy / Speculation / Re: Can Elliott Waves Really Predict the Price of Bitcoin? on: January 01, 2015, 08:25:38 PM
In R.N. Elliott's days (born 1871), there was virtually no entry barrier to trading, that's how so many ordinary people got owned in the '29 stock market crash & after which all the securities regulations happened.  The market could only go up, as far as investment enthusiasts of the day were concerned (should strike a chord with bitcoiners).  To my knowledge, he has never traded himself, but I'm not a R.N. Elliott scholar.
My point is only that R.N. Elliott didn't get rich by using his own system.  Why he didn't is anyone's guess.
240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2015, 07:02:14 PM
volatility is dead.

bitcoin is dead.

That.  Who wants to go to an empty casino where no one ever loses or wins?
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