I think this one sums it up:
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What do you think mtgox is doing?
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This might be the most autistic thing posted on bitcointalk to date.
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There are no excuses needed, just look at the dates. We are talking about consistency here. ASIC pre-order waves are hardly that. You're so predictable. Sad. Anything else? I offer myself as your steam valve, next time you feel like insulting somebody, insult me. I am already so used to it that I don't mind and you don't have to interrupt any other discussions.
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now you completely lost me.
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It has always been that way though. (No new laws have been made.)
yeah, we all remember the reichscoin, the rentencoin and the markcoin... what? You haven't godwinned your own thread just now?
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It has always been that way though. (No new laws have been made.)
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I still think that we just need to wait until all those merchants of cheap $1/$2 electronics on ebay work out they can sell stuff without ebay and paypal taking a huge cut. When that dam breaks, things will get interesting.
Commercial fees on eBay/Paypal on high volume are way lower than the ones you know. You might look somewhere else... alibaba.. those guys actually want to spare the conversion fees. They hardly accept paypal and mostly looking for western union/TT
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There are probably only three ways to obtain money. Earn, inherit or steal
You did forget charging interest & printing new money.
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Hey guys check out my new signature. (No I'm not trolling, I really thing we are taking a turn for the worse.)
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simple question for you guys
I know you're all hoping for the bitcoin value to rise, but why would it go up since it's divisible up to 8 decimals (and way more apparently?)
Because there is only a limited amount of them? Gold is quite divisible as well (theoretically to the AU atoms) but that hasn't stopped it in rising tremendously in the beginning. For the last 100-150 years or so the price is flat (inflation corrected of course) but Bitcoin isn't at that adoption level yet. Gold does have a divisible limit, Bitcoin does not. You can theoretical have a google (100 zeros) or more behind decimal mark. The bitcoin price can be anything as long as the majority agrees that it is the right price. If they not agree the market moves accordingly. The concept works perfectly well if it its 1000 or .0001 does not matter. . What you saying is completely true. I still answered the original question sufficiently and my example is accurate enough since the theoretical divisibility of gold makes it sufficient for this never to have been an issue (the value of AU smaller than a single atom is far too small). Not without a major hard-fork, which would also require conversion of the prior blockchain or some fancy hacks. It's about as difficult as changing the total number of Bitcoins or any other fundamental operational variable. Doable but not quite as convenient as you think it is.
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There are no excuses needed, just look at the dates. We are talking about consistency here. ASIC pre-order waves are hardly that.
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Imagine every time someone mentions the dollar and then just has to say that it can be used to buy drugs and other illegal things. I wish people would get over it. Yes you can buy drugs with Bitcoin. Just like you can with any other currency. It's such a simple thing to understand. Why can't they? Not all blacks hanging out for hours in public places are drug dealers either. It's just that, SR is the vast majority of the market there is no point in denying that.
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lol, somebody is manipulating chartbuddy by synchronized adding/removing of orders. You see the ghostlines on bitcoinity though, each time the bid side gains the ask side shrinks and verse visa. you might want to randomize the sample time
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why max keiser, he's just an excited promoter of bitcoin
or something more?
That's kind of the point.
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Whoever pays 0.6% gox commision isn't really going to cut it yes. But duh! If you manage to trade a $50 million a month and have the lowest fee, you still need a 58% success rate to break even. (Assuming a tight stop, which Gox doesn't provide and that connection issues at times of high volume can fuck up if you have a script to do it for you). The solution is not to mtgox. Bitstamp has similar fees. That's why I love btc-e.
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Whoever pays 0.6% gox commision isn't really going to cut it yes. But duh! If you manage to trade a $50 million a month and have the lowest fee, you still need a 58% success rate to break even. (Assuming a tight stop, which Gox doesn't provide and that connection issues at times of high volume can fuck up if you have a script to do it for you). The solution is not to mtgox. Anyway the 2% are just supposed a minimal profit target, the average is much higher since if a trade goes for you and your target isn't just gain based but also volume/time based. Of course it depends on the general strategy, most traditional TA doesn't work with that, that is right. But then most traditional TA doesn't work for me neither on a longer scale.
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Whoever pays 0.6% gox commision isn't really going to cut it yes. But duh!
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that's all i wanted to see tzupy, something more specific than just "short term indicators are down," because anyone can say that and without providing examples/evidence, it can be misleading to some folks. I'm sorry if you took my reply with too much malice.
Tzupy's just been catching a lot of flak lately because he is always talking about tiny wiggles and most people have a longer term mindset. hehe I never even minded the tiny wiggles. Commissions + risk cost take all the 'profit' out of $2-4 movements that the indicators call out at that time layer. 1.02^100=7.245
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Just the numbers would suggest that MemoryDealers is more likely to be a scammer than.. packet7 Major Bitcoin Preachers don't have the best track records either, Bruce Wagner ring a bell? Works for me!
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