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2201  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 01:10:20 AM
ok if I can all get you mofos to buy 10 BTC right now i'd be halfway to getting my 1$ back.
2202  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 01:07:41 AM
just to poke my head in real quick:

i've been absent from here for months. bitcoin xt? classic? gavin jumped ship? wtf is going on?!

and yet the price hasn't gone tits up... confused.

It's good news that crashes the price, not bad news. If ebay decides to start directly accepting bitcoin as a payment method the price will get crashed down to double digits the same day. Let's hope China bans bitcoin again because it will probably push the price to a new ATH.

in a bear market, good news can only temporarily hold price from dropping
in a bull market, bad news can only temporarily hold price from rising

the markets reaction to the "news" is confirming we are in a bull market.
2203  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 01:02:45 AM
i'll bet 1$ on >410 in <1hour

You're on. No need for escrow. I trust you.

woot!

ok,  if price hits >410 within 50mins you pay me 1$ if not i pay you 1$, bitstamps price.

I was gonna say BFX, but Stamp works for me. Tic, tic, tic...

~20 mins left and i still need to see 1/2 1/4 million dollars get dumped on stamps.


double or nothing? for >410 in the next hour.
2204  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 01:01:55 AM
just to poke my head in real quick:

i've been absent from here for months. bitcoin xt? classic? gavin jumped ship? wtf is going on?!

and yet the price hasn't gone tits up... confused.

Gavin is grasping at straws to remain relevant, and apparently market finds this entertaining.
2205  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 12:39:22 AM
i'll bet 1$ on >410 in <1hour

You're on. No need for escrow. I trust you.

woot!

ok,  if price hits >410 within 50mins you pay me 1$ if not i pay you 1$, bitstamps price.

I was gonna say BFX, but Stamp works for me. Tic, tic, tic...

~20 mins left and i still need to see 1/2 1/4 million dollars get dumped on stamps.
2206  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 12:38:00 AM

"There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency."

So we decentralize by putting three quarters of our mines in one government's jurisdiction? 

Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch?

... at which point a HF does become necessary and a new POW algorithm will be adopted, something more centralising-resistant.

>"more centralising-resistant." Huh
you know why mining is consolidating? (hint its not centralizing)  It's because efficiencies in algorithm processing are being horded by the ASIC fabricators. As this technology democratizes (natural market competition) mining consolidation will biggin to diversify. It's a lack of understanding that leads to the mental shortcut that mining consolidation can be projected in a linear fashion until there is one cartel.  

Making the treat to choose a new PoW algorithm is an attack on the very incentive needed to motivate investment to grow and secure the network.  

I completely agree with this. What is needed is not less mines in China, But more mines outside of China.  It should worry all of us that this isn't happening to any meaningful degree.  Electrical power is 2 cents/kilowatthour in Eastern Washington, right outside of Microsoft's back door, so why are we letting the Chinese dominate mining?

I'll tell you why: The few American chip makers in the space like 21 are indeed hoarding the chips. This is a huge mistake, because they are onboarding all the risk. Sell miners and make money or keep them and mine. And then double down again by keeping the coins instead of selling them.

You may be good at speculating/trading
You may be good at making ASICS
You may be good at mining

But the chances are infinitesimal that you can be good at all three very difficult, competitive and specialized skills. 

i hate to break it to you, but fear of the chinese government confiscating all the mining farm in order to attempt a 51% attack is an irrational  fear.

short of this highly fantastic sanario, i see no problem having majority of hashing power where the majority of poeple on earth live.
2207  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 12:22:33 AM
2208  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 12:07:52 AM
i'll bet 1$ on >410 in <1hour

You're on. No need for escrow. I trust you.

woot!

ok,  if price hits >410 within 50mins you pay me 1$ if not i pay you 1$, bitstamps price.
2209  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 17, 2016, 12:00:13 AM
i'll bet 1$ on >410 in <1hour
2210  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 11:50:24 PM
omfg close your shorts poeple

watching the chinese government mont a 51% attack would be out of this would hilarious, and you all know it.

pretty sure i'm not the only one that would spend more than 1 month's salary on mining equipment in order to restore the balance between good and evil.  i almost want one of the world's largest governments to try this for the lolz.
2211  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 11:43:10 PM
omfg close your shorts poeple

watching the chinese government mont a 51% attack would be out of this would hilarious, and you all know it.
2212  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 11:25:51 PM

just looking at the reddit post  Roll Eyes I'm banned form contributing there, otherwise id post this link below ( u/nullc calling it fud not a BTC problem and avoiding a patch.)

it looks like a patch is workable until your not OS is updated. so no big deal.
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-345#post-12316

Am I the only one that needs to use a VPN to access this for.um?

no there are 3 other poeple in your country that have to do the same thing.

no wait that's 3 poeple including you.
2213  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 11:17:31 PM
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found


did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
2214  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 09:36:43 PM
when the next 24 hours are truly critical, there will be 3 types of users surfing the net, users HODLING, users wanting to HODL, and retards trying to figure out to get shit tons of freshly acquired fiat into their bank accounts in less than 24 hours before its completely worthless.  Wink
2215  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 09:09:34 PM
do you need a kick in the ass to buy some bitcoin?

watch this:  https://www.youtube.com/watch?v=sWI4Qsqt-sU
2216  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 09:00:56 PM

got anything better, after holding for years of down down down on epic  FUD, i'm going need somthing better than a buffer overflow in some C lib.
2217  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 08:16:46 PM
anyone else feeling increasingly bullish?
2218  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 05:02:13 PM
sub 400 ONE more time, with feeling this time, let's do it.
2219  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 02:54:35 PM
Goooood morning, i was in a shit mood this morning, GF wake up late so i had to drive her to work and there was 15cm of fresh sown on the ground and 15cm more coming down, but my mood changed when i checked bitcoinchart  Cheesy  

Good morning Adam.

Don't know where you are to have some snow. But yeah btc is on the rise, problem is it's on the rise since last week just can't pass the 405 test!

today is a good day to break through  



all of canada looks like this right now, everyone is going to stay in for the next few weeks and feel depressed about not buying bitcoin sub 300, finally summer will come around and they will feel better and buy 3000$ BTC Cheesy Cheesy Cheesy

actually my target for spring is more like 750$  wtv buy buy buy!
2220  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2016, 02:41:24 PM
Goooood morning, i was in a shit mood this morning, GF wake up late so i had to drive her to work and there was 15cm of fresh sown on the ground and 15cm more coming down, but my mood changed when i checked bitcoinchart  Cheesy  
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