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2421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 03:00:11 AM
I will get my coat.

Yup, I think you butter you spread your yolks elsewhere now

 Cheesy

Ok one more bread related item on the agenda.

Why did the baker have brown hands?
2422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:52:04 AM
I will get my coat.
2423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:51:40 AM
its official all the smart poeple have left this thread.



this is bullish.

Wheat a minute, you hit the nail on the bread there...

This is a bit of a nan-issue I know, but I am on a (t)roll here....this thread has gone a-rye , everyone should stop loafing around, otherwise it is going to get real crumby, you breader believe it, at yeast put some thought into it people, rise to the occasion....You know when the dummies take over, and you have had enough of their shit, say right the back focaccia, though they will keep coming back because they are a
gluten for punishment.  

Hope you feel ciabatta for some bready puns, getting a bit stale now, but you know if you were to  hold a bun to my head I know at least a dozen more, plus I do know one extra (of course) but its scone now.



2424  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:35:09 AM


Is that B for bread?
2425  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:20:14 AM

Ah well... a genuine case of misunderstanding Embarrassed


In case you are still confused, we are referring to Jimbotoronto, a musician, self confessed slighly older than the average Bitcoiner, whom porkchops  affectionately calls 'Gramps'  Wink

Dat's the guy...and lets not forget.... he has got the best bitches younger ladies on his case  Cheesy  Cheesy

Yeh, if I was an FBI profiler I'd have this pinned on him in an instant
Then I would waterboard him and auction all his Bitcoins

"back when the Nazis invaded Britain I was makin bitches purr like a motherfuckin kitten"

LMAO!!

I had a friend once that was a baker, he said he stopped making donuts because he got tired of the hole thing.

 Cheesy Cheesy Cheesy

Now's a good time for makin bread tho  Wink

Not bad at all, if you knead the dough  Wink
2426  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:13:53 AM
This thread is becoming completely incomprehensible Cheesy

But it always is, then again this is the Wall Street thread
IF it was not we would be in for a weird day  Grin

I think a year long bear market has turned some of us mad. Quite clearly mad Wink



I had a friend once that was a baker, he said he stopped making donuts because he got tired of the hole thing.
2427  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 02:06:56 AM

Ah well... a genuine case of misunderstanding Embarrassed


In case you are still confused, we are referring to Jimbotoronto, a musician, self confessed slighly older than the average Bitcoiner, whom porkchops  affectionately calls 'Gramps'  Wink

Dat's the guy...and lets not forget.... he has got the best bitches younger ladies on his case  Cheesy  Cheesy
2428  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 01:39:39 AM
Jimbo.....? Is dat you bro?
Cheesy Cheesy Cheesy
that was my first thought too  

Wait... i can assure you I ain't no jimbo, or am i missing something?

(hint:I mean in the video)


(Besides, Jimbo seems perfectly affable to me)
2429  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 01:28:47 AM

Amazing!
"After civil movement everyone was free, then i gave every girl the right to suck my dee".

Jimbo.....? Is dat you bro?
2430  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2014, 01:08:31 AM

Looks a bit like Gentle-Ben, he was a bear y'know.
2431  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 11:52:29 PM
within days and weeks of Western forces arriving in Kiev to "help" Ukraine, the Ukranian central bank's gold was gone ... the cold gold war has been underway since at least the early 1990's, it is the fulcrum for the leveraged gold loans, i.e. paper gold, (100-1 leverage), for the seemingly miraculous levitation of the fiat ponzi scheme for the last 25-30 years

Western forces arriving in Ukraine?  Must of missed that as I stood on Maidan square.  

Guess you did....   (""advisors"")

not following.

The western forces/special forces/non-lethal military aid/special training facilities/jackles or ""advisors"" as our American cousins like to spell it, have been in Ukraine, for quite some time "helping" and "advis(or)ing" way before the doo-doo started flying away from the fan on Maidan square.

2432  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 11:33:31 PM
within days and weeks of Western forces arriving in Kiev to "help" Ukraine, the Ukranian central bank's gold was gone ... the cold gold war has been underway since at least the early 1990's, it is the fulcrum for the leveraged gold loans, i.e. paper gold, (100-1 leverage), for the seemingly miraculous levitation of the fiat ponzi scheme for the last 25-30 years

Western forces arriving in Ukraine?  Must of missed that as I stood on Maidan square.  

Guess you did....   (""advisors"")
2433  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 10:33:24 PM
Because fiat is backed by gold, and gold can't be stored as a series of 0's & 1's as data. maybe?

sorry but, wut?

I think you misspelled "wat?"


 Cheesy I think it is where my eyes and brain fell out after reading ^^   

What I meant was "what the absolute fuck are you smoking talking about Jonoiv"

@Jonoiv =  Fiat references specifically money that is not backed by go...... oh nevermind ...  Let it be done.
2434  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 10:23:43 PM
EDIT: to elaborate further, the problem is that exclusive storage of FIAT on a data structure isn't possible


can you please explain why it wouldn't be possible?




Because fiat is backed by gold, and gold can't be stored as a series of 0's & 1's as data. maybe?

sorry but, wut?



You can't store gold backed fiat electronically.



Please tell me you are joking?
2435  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 10:18:17 PM
EDIT: to elaborate further, the problem is that exclusive storage of FIAT on a data structure isn't possible


can you please explain why it wouldn't be possible?




Because fiat is backed by gold, and gold can't be stored as a series of 0's & 1's as data. maybe?

sorry but, wut?
2436  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 02:24:01 PM
I think Ripple (tech) has some real world use. For example a more efficient SWIFT.

ripples (coin) have merely speculative value, as the owners hold a large proportion and also it is US based - so no BRICS country would assist in installing a new Dollar equivalent. bitcoin is neutral and therfore "will" be the corresponding reserve curreny.

BTW: Can anyone explain, why Coinmarketcap states ripples supply at 30 billions instead of 99 billions?
XRP the currency protects the network and acts as a bridge currency.
https://ripple.com/ripple_primer.pdf


It shows 30 billions because that's the supply currently in circulation. The rest is held by Ripple Labs and is being distributed over time (controlled inflation).

It's the equivalent of showing the supply of BTC at 13 Mbillions instead of the total 21 Mbillion that will ever be created.


Last OFF-Topic and then we are done  Grin

That would be with an "M" for million and not a "B" for bollocks.
2437  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 12:47:33 PM

I don't care if people here like NXT or not. Just do know that there are people out there working on many projects that will decentralize the world bit by bit thanks to NXT Wink


Meh- don't worry, this is the BTC thread....  but people still mention Ethereum etc, it is fine.

Personally I like NXT and the community they are building.
2438  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2014, 07:39:31 PM
so....

anyone know, how much coin left to be auctioned next month Huh

There is no date set, but they still have some 94'000 BTC to auction. From the way they split the coins today, it seems that they are planning another 50'000 BTC auction next, and then presumably one for the final 44'000.


I thought they seized 144,000 total?





144,000 - 50,000 = 94,000
Wow!!!

A word I think you missed out the word (Total)



Was the total seized 144 or not?

not
2439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2014, 07:30:23 PM
I hear ya Jorge, loud and clear
Yeh, that 52k + change does not fit the pattern.
unless 1 lot did not sell, or unless some wise guy has not met payment deadline, then it makes sense...

Quote
On Friday, December 5, by 5:00pm EST, the USMS will notify the winning bidder/bidders that their bid/bids has/have been selected. Any winning bidder must send the purchase price funds (less the deposit amount) by a wire transfer originating from a bank located within the United States and provide a wire transmittal receipt to the USMS by 2:00pm EST, on Monday, December 8, 2014. [ ... ] Failure to provide the USMS with a copy of the wire transmittal receipt by the deadline will result in disqualification, forfeiture of the deposit, and award to another bidder.

If one bidder does not pay by the due date (today 2:00pm EST) , they will have to notify the highest bidder who was left out of the first round, and obviously give him a couple of days to wire in the payment.  

So it may be that one of the bidders who won a 2000 BTC block defaulted, and the USMS has transferred the 48 000 BTC to those who paid, and didn't bother to split off the 2000 BTC chunk yet, waiting for the next bidder to pay.

By the rules, each bid form could bid for any number of 2000 BTC 'A' blocks, all at the same price, and any number of 3000 BTC 'B' blocks, all at the same price.   So, a syndicate that wanted to place bids for many blocks, all at different prices, would have to submit a number of forms, each for 1 'A' block and 1 'B' block.  It seems likely that the USMS would want to make a separate transfer for each form received, even if two forms were submitted by the same person.  So that may explain why there are nine 5000 BTC chunks.

Do i understand correct that if you get disqualified you will lose your initial deposit of 150.000$?
that would be a weird way to throw.away 150k $

Maybe someone fat fingered the occasion... maybe someone in a bank somewhere is sweating their balls off waiting to get fired, maybe a lawyer somewhere is screaming down the phone to a bank manager, and maybe somewhere a bidder is begging a representative of the USMS to give them one more day.... or maybe the dog ate his wire transmittal receipt. (does Tim D  have a dog?  Grin)

Eitherway who knows, but if someone did mess up..... ouch.

Edit- Yes that is my understanding, you forfeit the deposit. (remember this is the gubermint we are dealing with, big stick, or carrot which ever way you want to look at it)
2440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2014, 06:20:34 PM
I hear ya Jorge, loud and clear
Yeh, that 52k + change does not fit the pattern.
unless 1 lot did not sell, or unless some wise guy has not met payment deadline, then it makes sense...

Quote
On Friday, December 5, by 5:00pm EST, the USMS will notify the winning bidder/bidders that their bid/bids has/have been selected. Any winning bidder must send the purchase price funds (less the deposit amount) by a wire transfer originating from a bank located within the United States and provide a wire transmittal receipt to the USMS by 2:00pm EST, on Monday, December 8, 2014. [ ... ] Failure to provide the USMS with a copy of the wire transmittal receipt by the deadline will result in disqualification, forfeiture of the deposit, and award to another bidder.

If one bidder does not pay by the due date (today 2:00pm EST) , they will have to notify the highest bidder who was left out of the first round, and obviously give him a couple of days to wire in the payment.  

So it may be that one of the bidders who won a 2000 BTC block defaulted, and the USMS has transferred the 48 000 BTC to those who paid, and didn't bother to split off the 2000 BTC chunk yet, waiting for the next bidder to pay.

By the rules, each bid form could bid for any number of 2000 BTC 'A' blocks, all at the same price, and any number of 3000 BTC 'B' blocks, all at the same price.   So, a syndicate that wanted to place bids for many blocks, all at different prices, would have to submit a number of forms, each for 1 'A' block and 1 'B' block.  It seems likely that the USMS would want to make a separate transfer for each form received, even if two forms were submitted by the same person.  So that may explain why there are nine 5000 BTC chunks.


(So it may be that one of the bidders who won a 2000 BTC block defaulted, and the USMS has transferred the 48 000 BTC to those who paid, and didn't bother to split off the 2000 BTC chunk yet, waiting for the next bidder to pay.)   Yes agreed... that is my take on it also.

And yes agreed it MAY explain. the 5K blocks

Seems too neat.... (perfectly plausible though)

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