Bitcoin Forum
June 21, 2024, 03:26:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 »
241  Economy / Speculation / Re: Medium-term market analysis on: September 04, 2012, 12:04:09 PM
I give a prognosis on the BTC/USD exchange rate.  I'll try to keep this post
updated as I learn new facts.

...

For demand, you have neglected new entrants.

I think it's safe to say that Bitcoin is generally increasing in popularity. With more people entering the market, upward pressure is put on the rate.
242  Economy / Securities / Re: [GLBSE] Not afraid of risk? Get up to 1% daily! - OBSI.HRPT on: September 04, 2012, 10:54:31 AM
  • Zero transparency
  • Absurdly high interest rates
  • Additional bonds issued every week
  • 0 interest could be paid indefinitely within the terms of the contract
  • A buyback is only promised in case of an orderly shutdown of a unknown business with zero transparency.  Obsi can claim the investment failed and pay nothing
  • Issuer is completely unverified on GLBSE

Obsi can steal your investment at any time while still adhering to his contract.

PONZI SCAM

Quoting for posterity
243  Economy / Long-term offers / Re: BC-SYS Software Loans: Capital for your Bitcoin software. on: September 04, 2012, 07:22:49 AM
What does "VLLC" stand for?
244  Other / Politics & Society / Re: Anybody but Obamney, PROTEST VOTE (thrid party) on: September 04, 2012, 06:14:14 AM
The thrid party? Got a manifest?
245  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 04, 2012, 05:27:46 AM
Care to explain why the minimum price is linear according to you? I mean... why not a curve? Wouldn't a curve be more likely?

I can't.
If you draw trendlines they usually fail in predictive power unless they are linear, the only explanation I have is crowd psychology. Other than that it seems completely random...

Well I would think that a (very slight) curve has its place since it represents an accelerating amount of 'hard-base users'. A linear line implies growth at the same rate. In the case of Bitcoin, which is now very slowly starting to trickle into mainstream, I see the former model as more representative; snowball style.
246  Economy / Services / Re: Ask Dank on: September 03, 2012, 12:52:02 PM

Dank, could you please solve the following conundrum?



So she makes him pay for... not accepting payment? Either this woman is infinitely retarded - or very evil.
247  Economy / Auctions / Re: selling my religious beliefs on: September 03, 2012, 12:48:30 PM
This thread +1
248  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 03, 2012, 12:30:52 PM
Pirate: is there a possibility he is already priced in? The scam has become pretty obvious to most by now.

I'm convinced he is priced in, but it is questionable to what extent. People still have some hope to get their investments back and I think he still holds huge number of bitcoins and waits to dump them. One thing is for sure  - Pirate will either pay out, or not pay out. My theory is, that if he pays out, many investors will sell their bitcoins, driving the price down. If he doesn't pay out, FUD will conquer the market + pirate sells bitcoins driving the price down. So according to my theory, the price is going to fall either way. The question is when.

Any thoughts on my hypothesis?

I find myself agreeing with most of it. Timing is the greatest question mark.
249  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 03, 2012, 12:06:32 PM
It's a hypothesis, thus no 100% proof. Still I can imagine that given the long-term optimism on Bitcoin's value some might consider the dip in question one of the last really good opportunities to get in - 'all' in (worth an extra transfer).

Interestingly we're going green right now (48h) so either the theory is:
- simply false
- correct but self-destructing since people are buying in anticipation, effectively erasing any 'all-in' incentives the Tuesday investors might have had to transfer big money.

Well, the price fell during the weekend (it's not 48h). Its rising might be caused by European and Asian investors since there's no Monday holiday. I expect it to rise some more, even though I have no idea what the week's maximum will be. What is your guess?

Also, I'm anticipating a larger crash because of Pirate's default. When is he originally supposed to pay out?

Europe and Asia: good point. I neglected a third possibility, which is that the rise in question has nothing to do with the theory at all.

Pirate: is there a possibility he is already priced in? The scam has become pretty obvious to most by now.
250  Other / Off-topic / Re: A microscopic view of Casacius physical bitcoins on: September 03, 2012, 12:04:01 PM
As a graduate student with access to high resolution microscopes and an SEM I am tempted to buy one of these just to examine it.

DO IT
251  Other / Off-topic / Re: Who here thinks I'm a douchebag? on: September 03, 2012, 11:44:13 AM
> no "abstain" in the poll

This thread is about as narcissistic as it gets.
252  Other / Off-topic / Re: A microscopic view of Casacius physical bitcoins on: September 03, 2012, 11:41:39 AM
+1
253  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 03, 2012, 11:15:50 AM
The rally has already started. People are buying in anticipation of Tuesday.

WTH happens on Tuesday?

Big rally that leaves all kinds on money behind  Wink

lol or not

I got the rally part, but why  Huh

Monday is a holiday in the US. Banks are closed. People with larger capital who want to buy Bitcoin (because of the dip) will have to wait for Tuesday to wire in large amounts of money. We anticipate a jump in the rate then.

You would think though that these "People with larger capital who want to buy Bitcoin (because of the dip)" would already have money on an exchange ready to buy on a dip -if that's what they were planning on doing anyway - and would not have to wait until Tuesday.

It's a hypothesis, thus no 100% proof. Still I can imagine that given the long-term optimism on Bitcoin's value some might consider the dip in question one of the last really good opportunities to get in - 'all' in (worth an extra transfer).

Interestingly we're going green right now (48h) so either the theory is:
- simply false
- correct but self-destructing since people are buying in anticipation, effectively erasing any 'all-in' incentives the Tuesday investors might have had to transfer big money.
254  Other / Politics & Society / Re: Pirate Bay Founder Arrested in Cambodia on: September 03, 2012, 05:02:39 AM
Longshot, but do we have a btc address to get something to this guy?
It's not American style getting shanked for talking to a black prisoner or brewing alcohol in the toilet prison.

Loved this sentence.
255  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 03, 2012, 04:58:05 AM
The rally has already started. People are buying in anticipation of Tuesday.

WTH happens on Tuesday?

Big rally that leaves all kinds on money behind  Wink

lol or not

I got the rally part, but why  Huh

Monday is a holiday in the US. Banks are closed. People with larger capital who want to buy Bitcoin (because of the dip) will have to wait for Tuesday to wire in large amounts of money. We anticipate a jump in the rate then.
256  Economy / Speculation / Re: How deep do you expect the price to fall? on: September 02, 2012, 10:34:10 PM
The rally has already started. People are buying in anticipation of Tuesday.
257  Economy / Gambling / Re: Satoshi Dice - how to last longer on: September 02, 2012, 12:20:25 PM
[offtopic]
"Last longer in bed... with Satoshi Dice"
[/offtopic]
258  Economy / Service Discussion / Re: anyone been paid by cointube.tv yet on: September 01, 2012, 10:05:15 AM
I've watched multiple videos but only ever got paid once.

It's not clear what exactly you're supposed to do to get paid when watching more than one video.
259  Economy / Speculation / Re: No optimism , you guys on: September 01, 2012, 08:40:02 AM
OMG! Do you realise what you've done?! By predicting the future and showing it to us, you've altered the outcome! It's all going to be priced-in now, so it won't happen. Shocked

...Unless he travels back in time and makes himself shut up. That'd help.
260  Other / Off-topic / Re: If a guy robs a bank, and I know where the money is... on: August 31, 2012, 09:16:37 PM
In other words, you know what Pirate did with the dough, huh?

No, but if I had a website up and was able to track IP addresses of the bank robber, thus possibly nabbing him before he gets away, and everybody knew that I could aid in finding the bank robber, wouldn't it be to the best interest of those who got robbed to provide said IP address to the proper authorities, regardless whom the proper authorities may be? I'm just saying!

~Bruno~

Get the torches and the pitchforks... WE'RE HEADING FOR MOUNT GOX
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!