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2281  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2015, 02:12:33 PM
A guy claiming to be the Silk Road 2.0 programmer is offering their database for sale:
https://bitcointalk.org/index.php?topic=952177

The guy may well be a scammer, of course.  One interesting detail is that he claims to have "usernames and
hashed passwords of 476,122 users, 51,490 deposit addresses, 7,756 plaintext passwords, 13,280 product listings, 52,481 private messages, 145,493 transaction records".  If true, those numbers may help estimate the number of bitcoin users.

How would he have more than 3 times as many users as transactions?  Is it plausible that 2 out of every 3 people who registered at the site did not order anything from it?

How on earth would it do that?
2282  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2015, 04:24:37 PM
2283  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2015, 02:23:44 PM
2284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2015, 02:20:00 PM
-By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's. (c)Krugman.

Since I haven't been called a retard enough recently, let me suggest this experiment:   Grin

Get your tablet or smartphone, or some old-fashioned pencil and paper

Take a 1 hour walk around your neighborhood

Make two lists, with everything material that you see that is there, is not there, or is different than would have been otherwise, because of (a) the internet, (b) the fax machine.

(By "material" I mean objects -- not merely the text or pictures on store signs, windows, billlboards, computer screens, etc..  For example, you may notice that, because of the internet, the newspaper kiosk or vending machines at the street corner have disappeared: that counts.  You will see URLs or QR codes on signs, instead of telephone numbers: that does not count.  You may see the building of some internet venture that employs dozens of people and is making piles of money: that does not count, because, without the internet, there would probably have been a building of some other company there, employing dozens of people and making piles of money with some other business, computer-related or not.)

If you are too lazy to take the walk, do the same inside your home or place of work. (But actually get up and walk, do not just sit there and make a mental walk, you bum!)

If you are too lazy even for that, think of all the people you know, and note which ones have had their lives substantially changed because of the internet. (If the guy would be sitting on a desk 9 to 5 anyway, pushing numbers and writing reports,it does not matter whether he uses the internet or not.)

If you are too lazy even for that, at least note the following: what you see on your computer screen, on TV, on newspapers and magazines, is not the world, it is just images of the world.  Just because the images have changed, it does not mean that the world has.

Quote
-Bitcoin is evil. (c)Krugman.

After you have done your homework above, there will be a quiz on this subject too.   Grin


To claim that the (continuing) impact of the internet, which is now intertwined with society and with business, education, media, news, shopping..... is minor, or even as "insignificant" as the fax machine is nothing short of daft. Krugman was plainly wrong, plainly, plus, the internet as we know it was just the start, internet of things next, couple that with big data analytics,  automation and robotics, decentralised and blockchain technologies, etc  and we are literally only just at the start of what the internet can do, make no mistake the world is on the cusp of more huge changes. The internet is playing its role.  Krugman was suggesting that by 2005 internet would have reached its peak of usefulness.. well he was wrong, and it is now 2015, and the internet is just getting its boots on, there was no final whistle blown in 2005, Krugman was wrong, and the internet is still here, and what is more it is about to grow at an exponential rate (as the remaining population are brought online and as the internet of things becomes a reality)

Krugman is a numpty.

Besides the impact of the fax machine was nothing to be sniffed at.

Sometimes people get it wrong-

"I think there is a world market for maybe five computers." Thomas Watson, president of IBM, 1943

 "Television won't be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night." Darryl Zanuck, executive at 20th Century Fox, 1946

 "There is no reason anyone would want a computer in their home." Ken Olsen, founder of Digital Equipment Corporation, 1977

 "Almost all of the many predictions now being made about 1996 hinge on the Internet's continuing exponential growth. But I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995

"Two years from now, spam will be solved." - Bill Gates, founder of Microsoft, 2004

It is not always obvious what will and what will not happen.... though, personally and without doubt, the second I heard of the internet in the 90's.. I knew that it was a hugely significant event for humans, for society... and it is.

It may not all have happened quite as fast as some predicted, but the effects of the internet, on every aspect of society are going to grow more and more profound, and they are going to accelerate.  It was the case 20 - 30 years ago, that when futurists made tech predictions, the good ones at least were right, but optimistic on the timescales. Nowadays it seems to be the other way around, there are leaps being made in technology, that a few years ago, we were told, would take 10-15 years to become reality, and in fact they are starting to occur already.

Fax machines were great.

The internet is far superior and more useful.

It is safe to say that "the future IS already here... it is just not evenly distributed"    is becoming closer to being true on a daily basis.

Does anyone really think that the internet is not going to continue to be hugely significant going into the future?

No.
2285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2015, 01:40:09 PM
With just a little luck, we get a dump big enough to hit $200 on Bitstamp Grin


2286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2015, 01:26:18 PM
Remember kids...

the price doesn't matter,

bad news doesn't matter,

China doesn't matter.

Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.

Quote
Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.
BillyJoeAllenRedneck firefighter who can't spell his own home state correctly

And of course even those with an education are wrong, wrong, wrong.

So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.

At least we have you here to save us all.

Phew.

Love you too.

2287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 03:13:00 PM


2288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 04:58:58 PM
Imagine if they remade Wolf of Wall Street only instead of the bimbo taping stacks of hundreds to her naked body she just had one microSD card to hide...somewhere.

Sounds a bit fishy.
2289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 11:31:56 AM
Sorry for off topic, but so many here are talking about hired trolls so... could anyone tell me (or send a private message) how can one get money by trolling? Sounds more like a myth but...

Maybe go and see the guys in Cheltenham or Fort meade,they might be able to help you out.... however I am sure many other countries governments at various agencies have their own too.

Or join the army

http://www.theguardian.com/uk-news/2015/jan/31/british-army-facebook-warriors-77th-brigade


Look up jobs for companies that provide PR/marketing/reputation management, they will be placed under such titles as social engineering.

Get in touch with HR departments at large corporations and think tanks (energy,finance, investment,medical,certain engineering firms,  among others) and offer your social engineering skills to companies and corporations directly. Look online freelance sites as they also advertise on there sometimes, especially if they are looking to hire without giving away who they actually are.

If you wanted to be a professional troll they would be a few of your options.

Then again, you could just ask NotLambchaps for a referral.


(kinda douchey job though, right.)

 









Or dig the service sections and find a topic about a site called trolls for hire that train trolls that can be hired.


TROLL!!!  Cheesy

yeah, + essentially those douchette kind of outfits.

"There's a war on for your mind!" - AJ  Cheesy Cheesy Cheesy

(edit: also re the fb army thing, the forces army and navy, have already had agents online scouting, gathering info,  influencing, disrupting,diluting, honeypot-ing, infiltrating, and hiding amongst the noise for quite sometime, this latest confirmed newses is more just a public announcement of their planned expansion (UK) Plus you have to wonder about the public bit, their first parry in the fight?  The sky is pink,  and of course the intelligence services have been countering online forevas and evas. The narrative is not going to write itself now is it)
2290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 11:17:14 AM
this time for real or someone launched another mooncountdown and I'm not aware of it?

yeah quick man there is a moon countdown gif..... MUST BUySS!!£"
2291  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2015, 11:16:04 AM
Sorry for off topic, but so many here are talking about hired trolls so... could anyone tell me (or send a private message) how can one get money by trolling? Sounds more like a myth but...

Maybe go and see the guys in Cheltenham or Fort meade,they might be able to help you out.... however I am sure many other countries governments at various agencies have their own too.

Or join the army

http://www.theguardian.com/uk-news/2015/jan/31/british-army-facebook-warriors-77th-brigade


Look up jobs for companies that provide PR/marketing/reputation management, they will be placed under such titles as social engineering.

Get in touch with HR departments at large corporations and think tanks (energy,finance, investment,medical,certain engineering firms,  among others) and offer your social engineering skills to companies and corporations directly. Look online freelance sites as they also advertise on there sometimes, especially if they are looking to hire without giving away who they actually are.

If you wanted to be a professional troll they would be a few of your options.

Then again, you could just ask NotLambchaps for a referral.


(kinda douchey job though, right.)

 






2292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2015, 05:36:41 PM
You guys sure this is a bull trap? If everyone is sure we're about to go down, Bitcoin tends to do the opposite - we've seen this happening just the other day, if you recall Cheesy

no one would expect Coinbase launching a moon countdown, so it does not count

No one (sensible) would expect anyone to take a "moon countdown" seriously in any way shape or form... no one.

2293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2015, 01:55:24 AM
WTF is wrong with this forum

how long have you got?
2294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2015, 01:54:31 AM
I blame the illuminati
2295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2015, 04:09:52 PM
This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  Smiley

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

I was not talking about the dollar.

I would not be surprised if the dollar has probably got still a ways up to go actually... makes sense, it could run up (against other currencies with their own woes)  at least until the next round of in the US QE (4)....

US stock markets though are looking choppy and toppy... and with all that is going on, figures/fed talk global pressures I would not be surprised to see something go down this year, not in the least.

Though that being said with the current global currency wars, and the bond markets I would not be surprised to see some action in the dollar either..

I suspect though that the stock market and housing will probably take a hit first though, (followed by QE4?)

We shall see.


I know what you were talking about...
Another crash waiting at the corner ...and I gave you an example of another one people are waiting and waiting and waiting...


That is correct.... and are there any market watchers that have been around for a few decades that has a good reason to not wait for the next crash, in a cyclical stock market? Is there any reason that there should be an infinite bull run? are there any outside reasons, in this global system we have that there could be external pressures, and internal pressures that could cause the next (inevitable) financial crisis?

Guess not.

I am not arguing that it won't happen , but like the original post said ...2015?Huh
I see no reason for this year to be the one of the crash and the ones saying preaching about  it are the same that said 2014 2013 and 2012 before with the same arguments.




For sure, you cannot call it for a certainty, and I have not got a magical crystal ball, however there is in my opinion a building confluence of exacerbating factors. Spinning plates... and some of them have already started to wobble and they need spinning soon, or else they are gonna drop.  I am curious to see how the US market reacts going forward without stimulus, and if the situation deteriorates (almost as per plan) if this year QE4 is eventually rolled out. Also curious to see if the managed yuan peg gets dropped this year. Either way it has already been an interesting start to the year with lots going on globally, and I expect more volatility in the markets and some more interesting events, I do not think 2015 is going to be a boring year regardless.




2296  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2015, 03:47:38 PM
This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  Smiley

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

I was not talking about the dollar.

I would not be surprised if the dollar has probably got still a ways up to go actually... makes sense, it could run up (against other currencies with their own woes)  at least until the next round of in the US QE (4)....

US stock markets though are looking choppy and toppy... and with all that is going on, figures/fed talk global pressures I would not be surprised to see something go down this year, not in the least.

Though that being said with the current global currency wars, and the bond markets I would not be surprised to see some action in the dollar either..

I suspect though that the stock market and housing will probably take a hit first though, (followed by QE4?)

We shall see.


I know what you were talking about...
Another crash waiting at the corner ...and I gave you an example of another one people are waiting and waiting and waiting...


That is correct.... and are there any market watchers that have been around for a few decades that has a good reason to not wait for the next crash, in a cyclical stock market? Is there any reason that there should be an infinite bull run? are there any outside reasons, in this global system we have that there could be external pressures, and internal pressures that could cause the next (inevitable) stock market crash/bear market/financial crisis?

Guess not.

(besides, before we think about the next financial crisis, how about we get through the one we are already in, the one in which, apart from anything else, the bull run in US stocks makes no sense....unless of course QE 1-3)
2297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2015, 03:41:41 PM
This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  Smiley

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

the difference is that now the entire world is going through mass de-dollarization.. and its picking up speed.

but since euro zone is killing himself and euro is losing value to USD, what will replace USD?

Rubles? CHinese money? bitcoins?

A basket of currencies, maybe including the euro in some incarnation and some of the BRIC nations including a free floating yuan partially backed by gold?
2298  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2015, 03:39:25 PM
This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  Smiley

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

I was not talking about the dollar.

I would not be surprised if the dollar has probably got still a ways up to go actually... makes sense, it could run up (against other currencies with their own woes)  at least until the next round of in the US QE (4)....

US stock markets though are looking choppy and toppy... and with all that is going on, figures/fed talk global pressures I would not be surprised to see something go down this year, not in the least.

Though that being said with the current global currency wars, and the bond markets I would not be surprised to see some action in the dollar either..

I suspect though that the stock market and housing will probably take a hit first though, (followed by QE4?)

We shall see.
2299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2015, 01:52:21 PM
This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  Smiley
2300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2015, 12:35:17 PM
It is my day off today.



See you later
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