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2341  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: May 21, 2014, 11:13:41 AM
Come from beyond is not here.
He is working at some NXT sub-projects.
KHARON, you might have heard about it. It's about finding a way to make POS based systems secure against application level DDOS attacks.

As for BCNext... yes, who knows.
But Qora really doesn't seem like BCNext. The style of development is utterly different. Don't go that way.

If this coin is to thrive, there has to be someone skilled working on the coin to further the cause.
Qora did his job by releasing the coin.

Don't count on him to finish it all the way through.

Some fresh developer blood is needed to get things really going around here. It won't be stillborn, but it will not get close to a project like NXT. It will move into the realm of shitcoins.

It is there, it works, it is traded. But there isn't really any intrinsic value to it (currently only devs provide real intrinsic value)

Nice try to drive the price down! No way Qora is going to stay between the shitcoins!! It's gonna take its place, between the top 5 innovative ones.
Nice try to pump the Nth coin you invested - you always do this, noone takes you seriously anymore here...
2342  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: May 14, 2014, 08:43:28 AM
Looking to sell large quantities of nxt. Don't know exactly how many yet, but at least 500,000 are available immediately. By the end of the week it may be closer to 2.5 million, depending on how the week goes.

Price is 0.00007 btc per nxt, non-negotiable.

Thanks!
When people will learn? With posts like these you doom the market to be <0.000007
Better to PM privately people who are putting bids here or try to find other ways to offload your stake (or investing in IPOs, companies etc).
PM me
2343  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: May 13, 2014, 12:50:45 PM
Here is how an EW analyst might see the future.  (abc would be longer time but I couldn't fit on chart).  I could try to rationalize the peak with something like  ' all governemnts ban btc once it is big enough to pose an actual threat to fiat currency' or 'catastrophic protocol failure or unresolvable scalability issue', 'world financial meltdown / wars' or simply 'competition from something better'.

Tera, would another hypothetical peak by the end of the year (let's assume 4,000) change your EW-analysis? IMO both could happen, your chart is as possible as yet another peak by the end of the year. I'd be fine with both, because both would bring me some severe gains and even the "bearish" hypothesis of bitcoin peaking at 20,000 would bring bitcoin to the brink of mass adoption. Most capital of the "investment hodlers" would be out by then, affirming the theory that price must go down afterwards, but that will be the point, where mass adoption could make up for that.
4,000 could be a minor peak of a minor wave within the larger wave to 20,000.  for example $266 was a minor peak and $1100 was a major peak.

Edit: I just saw "by the end of the year". I guess if that happened I would have to come up with a new analysis.
Do you believe in EW? So I know to ignore your posts or not..
2344  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2014, 11:17:42 AM
Wow that is a dump! Also a small dump on Huobi, is there some sort of news?  Huh
No news as far as I know. Somebody just dumped to see if the others will follow, and apparently they won't.
Or he started dumping in chunks..
2345  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2014, 11:16:59 AM
Just like the old days! (<100$/BTC era)
2346  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2014, 11:13:45 AM
At last some action!
2347  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2014, 10:14:59 AM
ok so let me guess how this might play out:

(...)

5. When/if 4 happens, we will soon discover how much is the impact on price on western exchanges. It might as well be the final test (bit like the "Silk Road bust" test last year) and bring the decoupling that everyone here seems to be expecting.


Hmm, "Silk Road bust" happend weeks after reversal of the downtrend. It was a shakeout. Now we are still in a downtrend, which I would expect to go on for at least another 3 to 4 weeks.



The recovery from the silk road bust was actually the start of when China started buying. Who knows what would have happened without China.

Mtgox would have pushed the price to around1000$ ? Every other exchange would have been following mtgox.  Cheesy
That's what BTCChina was doing anyway...
2348  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2014, 10:05:04 AM
ok so let me guess how this might play out:

(...)

5. When/if 4 happens, we will soon discover how much is the impact on price on western exchanges. It might as well be the final test (bit like the "Silk Road bust" test last year) and bring the decoupling that everyone here seems to be expecting.


Hmm, "Silk Road bust" happend weeks after reversal of the downtrend. It was a shakeout. Now we are still in a downtrend, which I would expect to go on for at least another 3 to 4 weeks.



The recovery from the silk road bust was actually the start of when China started buying. Who knows what would have happened without China.
True
2349  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2014, 10:04:19 AM
ok so let me guess how this might play out:

1. FXBTC played a Gox (fact)
2. Other exchanges might be operating a fractional reserve too (speculation, https://bitcointalk.org/index.php?topic=592760.msg6505570#msg6505570) (meh, call me fudster if you want)
3. Chinese traders are worried that other exchanges might pull a Gox too and hence a part of them will aim for the fiat exit door, depressing the price.
4. 1 and 2 add another reason for PBoC to want to "protect the people" and pull the plug on the other exchanges before a large scale Goxxing happens.
5. When/if 4 happens, we will soon discover how much is the impact on price on western exchanges. It might as well be the final test (bit like the "Silk Road bust" test last year) and bring the decoupling that everyone here seems to be expecting.


I totally agree.
Hehe, I am waiting my orders (<=380$) to be filled!!
2350  Economy / Economics / Re: STOP BUYING INTO ALT COINS , as you are indirectly hurting Bitcoin on: May 10, 2014, 07:34:31 PM
BTC has already earned the reserve status, people buy BTC to invest in alt-coins.  So nothing is going to hurt BTC since using BTC in trades only leads to wider adoption of BTC.

I think it would just have the opposite effect -- more people buying into alt coins, the better off BTC is.  Cheesy

I agree Bitcoin has already reached reserve status for other coins so it should still be seen as a store of value for some time

+1

The easiest way to buy altcoins is to buy bitcoins first.
The easiest way to obtain CHEAP BTC is to mine alts.
2351  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2014, 07:21:32 PM
Can we stop discussing about MtGox and/or Karpeles? EVER??

Thx...
2352  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: May 10, 2014, 07:05:46 PM
Where is BTC most likely going the coming week? A dip again or should we reach $500? Any prediction of this?
Maybe a hard/impossible question to answer but I would like to hear your prediction anyway.
Forever @450$
2353  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2014, 08:55:52 PM
Undead Karpeles
2354  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 21.2 ask 25 last 25) on: April 28, 2014, 07:38:03 PM
WTB 100K total 20BTC (0.0002 per MRO)
And I thought I wanted many!  Cheesy
2355  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SIM] Simcoin - A Simple Coin on: April 23, 2014, 01:08:34 PM
hoplon

Now that's thinking outside the box Smiley

Had to google it...
It is weapon (like the coin) and round - we will be hoplites!
In modern Greek hoplon means weapon...
2356  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SIM] Simcoin - A Simple Coin on: April 23, 2014, 12:52:53 PM
hoplon
2357  Economy / Economics / Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat on: April 23, 2014, 08:16:23 AM
This is what we've got to opt-out of. Roughly 75% of the population is going to defend the Titanic as it sinks.


The above two comments are indicative of how Americans don't know their own Constitution, and thus the Constitution is dead.

If you two dumbfucks had any clue, you would understand that from my prior detailed post:


News flash Annoyneymint; nobody reads your bullshit.

Your 5000 dingbats include about 50% provocateurs(*) in a big honeypot designed to ident the tiny few actual nutcases.  This so that TPTB can point to them and scare the bejesus out of 200x10^6 more or less normal people.  Boilerplate social engineering in modern Americana.  I don't like it any better than the next guy, but I can at least identify a winner and a loser, and your looney-toons are going to be the big losers in any conception of the future that you (profess) to have.

Actually, here's what very possibly could happen:  The Feds will enlist your 'patriots' to serve as right-wing death squads.  With free ammo and carte blanche to shoot anything which moves (including women and children) these types will be as happy as a clam.

* I was looking into things a bit and saw that guy bragging about their strategy of putting their women and children in front of the big bad malitia dopes so they would get shot first by the evil Federales.  I mean, it's possible to have no skill at PR, but it's simply not possible to be THIS bad at it!

Crash and burn idiot. You will along with the Titanic you are clinging to.

You've identified the losing side. I guarantee you. A study of history is on my side. Collectivism -> Fascism -> Totalitarianism has repeated throughout the history of mankind. If megadeath and egregious collapse is your idea of normal, then go ahead and reap what you sow.

FYI, I know for a fact that some readers are reading my posts, because they private message me and thank me for it. You can go look at the votes on my threads, and see 33% support what I have to say. You can see from the survey about Global Warming that roughly 25% of the people in the USA are not idiots like you.

P.S. There is civil war coming because we don't agree with you idiots. And we demand to have a place where we can practice private property rights and limited government. And you fools need to have your own large government that kills you. We refuse to be part of your self-inflicted eugenics system.
Gigadeaths this time...
2358  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: April 22, 2014, 02:36:13 PM
Too bad, I was very interested in this coin, planned to invest in it, but the fact that they changed the terms of the pre-sale with no advance warning makes it a non-starter for me. No mention was ever made of a 50% allocation between BTC and MSC investment. People were misled to believe both were allowed up to the total Safecoin to be sold.
They messed up - they should expect it, tons of MSC holders were waiting for a quick exit...
2359  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet on: April 22, 2014, 01:08:12 PM
Apparently the MSC investment address (1ARjWDkZ7kT9fwjPrjcQyvbXDkEySzKHwu) was removed from safecoin.io.
MaidSafe really should put up an official statement and explain:
- why the MSC address was removed
- if it's still possible to invest via MSC

I have high respect for the Mastercoin people and for the MaidSafe project but I'm missing transparency here. Not communicating about this puts an otherwise interesting project in a bad light.

(My guess is that the amount of coins on the MSC side is much bigger than expected and that they would like to push the BTC side of investments.)
Transparency transparency transparency
Red flag
2360  Economy / Economics / Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat on: April 21, 2014, 07:53:12 AM
[...]  What makes society work it is the network of person-to-person interactions, where the parties know and trust each other.  In anonymous interactions, outside the reach of government, there is no incentive to honor deals or build a reputation.

You entirely missed the upthread point made that reputation does not require personal identity.

Btw, we always had anonymity with cash, now we are losing it. And so now we move to the slavery State if we don't have anonymity.

Yeah, sorry, I skipped several pages.

Cash itself may be anonymous, but most cash transactions are not.

I have lunch at the corner cafe every day; the owner notes the amount down on a 3x5 card, and every Friday I pay whatever he says I owe, with cash; and he doesn't mind waiting until next Monday if I am out of cash in my "hot wallet".  That is because we both know and trust each other.  But I would not send cash in an envelope to pay for a bill, of course.

Even when the parties have never met before and don't know each other's name,  they can tell a lot about each other, with passable confidence, just from their appearance and context.  The mere fact that the other guy is NOT hiding his face may be sufficiently reassuring. I might buy a hot dog from a seller in a stadium, even if I never saw the guy before; but not from a stranger in a run-down street who wears a ninja costume and a ski hood...

In the political context: anonimity may be a valuable "tactical weapon" when fighting an oppressive illegitimate government.  However,  by the time it is necessary, it will be very difficult to obtain.  Moreover, it is not very effective -- because  anonimity is essentially act of cowardice, an admission of weakness and defeat.  It is fleeing rather than fighting, the way of the rat rather than of the badger.  The most effective time and way to fight such governments is before they take power -- openly, not anonymously.
If you have any better strategy to fight the 1% of the 1% I am all ears..
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