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241  Economy / Economics / Re: Video: Bitcoin Ponzi scheme on: May 08, 2013, 04:02:47 PM
lawl at hashtag algorithm Cheesy

Smiley Kinda undermines whatever point he's trying to make right?!
242  Economy / Service Announcements / Re: New danish bitcoin Exchange (www.peoplemooney.com) on: May 08, 2013, 03:57:16 PM
That's what I thought.

Sounds...odd!
243  Economy / Service Announcements / Re: New danish bitcoin Exchange (www.peoplemooney.com) on: May 08, 2013, 03:02:16 PM
I'm curious about the name...

Also, only 14 people have read this post but the site already lags like Gox on Tamazepam...
244  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 08, 2013, 02:49:39 PM
Didn't check the data, but I'm the only one feeling this is the Wednesday with lowest volume in 2013? We had many weekends with more volume than this.

That would impossible to tell as we're not finished yet!



Wednesday trade for 2013: note that 9th Jan 2013 was VERY quiet, right before launching quietly into the dominant trend of the year so far!

Edit: 9th busiest Wednesday ever in USD volume and we have 9 hours to go.
245  Economy / Speculation / Re: Bill Gates: "Bitcoin is a techno tour de force." on: May 08, 2013, 02:13:02 PM
That was painful to watch. How many times has the bloke in the middle flatlined in the past year do you think?

Dinosaurs. If you've made billions on the old, corrupt financial system, why would you have anything positive to say about this "new-fangled internet money"?

Bill Gates looks (and talks) like a sprightly teenager amongst that lot!
246  Economy / Speculation / ManBearPig's history of weekly BTCe vs MtGox trade volume chart on: May 08, 2013, 01:21:52 PM


A history of weekly BTCe vs MtGox trade volume.

Last 9 weeks have seen the BTCe's relative trade volume triple (it's a bubble!11)

I'll keep this and other charts going if I receive a few donations Wink
247  Bitcoin / Legal / Re: US financial regulator: We could regulate Bitcoin “if we wanted” on: May 08, 2013, 10:28:15 AM
If any one country decides to massively back Bitcoin, we go to 4 or 5 figures. That country may not need to be one with a flawed monetary policy.

Which country doesn't have a flawed monetary policy?


The island of Yap in Micronesia :p

http://en.wikipedia.org/wiki/Rai_stones

That's what I call a solid currency...
248  Economy / Economics / Re: Can Bitcoins and Litecoins (or other alt currencies) co-exist? on: May 08, 2013, 10:25:56 AM
Of course. Litecoin would be a great intermediary between BTC and fiat for faster merchant confirmations, just off the top of my head.
249  Economy / Speculation / Re: Is this concerning? on: May 08, 2013, 10:24:41 AM
I see a classic bear turd forming.
250  Economy / Speculation / Re: The proof is in the pudding: chinese are participating en masse, price not up on: May 08, 2013, 10:22:49 AM
Oh dear then it's all over isn't it? Well done for spotting that. I've now panic sold all my coins.

If you can only interpret this as bearish then I won't be taking any advice from you in the near future Smiley
251  Economy / Speculation / Re: Is this concerning? on: May 07, 2013, 08:15:46 PM
Congrats. You are this week's poster of THAT CHART Smiley

Yes, it goes up a bit then down a bit, up some more and down some more.
252  Economy / Speculation / Re: Free BTC Quant Model Data on: May 07, 2013, 08:13:42 PM
Done, thanks. Should be interesting!
253  Economy / Speculation / Re: Myself chart thread :D :D on: May 07, 2013, 07:57:48 PM
your charts have too many lines. labels? explanation? you should only draw indicators that are important to your analysis.

Seconded.
254  Economy / Economics / Re: Has trade volume on BTCe versus Mt Gox doubled in the last few days? on: May 07, 2013, 07:49:27 PM
Yeah it will be very interesting to watch the situation develop. Problem is, we see Mt Gox as the exchange who take pains to ensure they fully AML etc. compliant. If they disappear (too big to fail? Tongue) could BTCe handle it?

Like democracy, we need the illusion of choice, 2 counter-acting exchanges. There's an argument to be made that Gox is holding Bitcoin back.
255  Economy / Speculation / Re: What's Your Buy Price? on: May 07, 2013, 07:44:19 PM
Yeah $80 is MILES away from zero!
256  Economy / Economics / Re: List of bitcoin hostile banks. [edit] mod please consider stickying this thread on: May 07, 2013, 07:40:42 PM
I'll pay off my BarclayCard balance, close the account and tell them why.

They of course won't give a shit about one customer but I'll do my bit.
257  Economy / Economics / Has trade volume on BTCe versus Mt Gox doubled in the last few days? on: May 07, 2013, 07:37:35 PM
Too tired to make a chart but at first glance it would seem that the volume ratio of Gox:BTCe has halved in the last 5 days from 10:1 to about 5:1.

Again, skipping my usual diligence (had some real-life work today - no I didn't get paid in Bitcoin!) it would seem the ratio may have been around 20:1 at the start of the year.

Knee-jerk reaction to the Coinlab lawsuit or something deeper?

Personally, I took everything I trade with off of Gox last week and onto BTCe.
258  Bitcoin / Legal / Re: US financial regulator: We could regulate Bitcoin “if we wanted” on: May 07, 2013, 07:31:55 PM
Yeah what ties a P2P currency to one country?

The US is only 4.5% of the world's population.

If any one country decides to massively back Bitcoin, we go to 4 or 5 figures. That country may not need to be one with a flawed monetary policy.
259  Economy / Speculation / Re: Cyprus, Spain, Argentina, Israel. Now China. on: May 07, 2013, 05:48:34 AM
Why you're still falling for this? I use to be a hardcore bull, I love Bitcoin, I think the "real" value should be 2000usd, but this is ridiculous: this kind of speculation just hurts us. You all know what's going to happen now, and it will be your fault.

I have to ask: what the hell are you accusing us of doing in the Speculation forum that you think we shouldn't?
260  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 06, 2013, 06:49:33 PM



Does anybody know if the May 5th. value is accurate? It's showing up as 0.

All of Google's charts show today's incomplete data Smiley
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