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2461  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 09:57:04 PM
I don't see those as funny any more.
2462  Economy / Speculation / Re: Bitcoin and thailand on: August 04, 2013, 08:49:56 PM
Don't worry about me I'm just waiting for Goat.

??

Oh he's a forum member... thought that might be the most surreal comment ever.

He provided us with the most interesting Drama lately, the whole Thailand thing is hilarious as it is. (Considering the infamous Baht symbol and Bitcoiners wanting to take it)
But with Goat on a vendetta against it, even while it personally might affect him, is ridiculous. It's not like anybody would look him up and charge him, should it really be the case.
No he just wants desperately to be right...

I've warned him that he is getting trolled from all sides, but he doesn't listen... might as well enjoy the show.


On the topic, well if it is in the news, people might look it up, even if it says it is supposed to be banned.
2463  Economy / Speculation / Re: Bitcoin and thailand on: August 04, 2013, 08:36:18 PM
Don't worry about me I'm just waiting for Goat.
2464  Other / Meta / Can we have the ads a little less annoying? on: August 04, 2013, 08:07:52 PM
I find ads after the first post annoying, so I took the opt-out choice and disabled them. I might be interested in some of what they are offering but not this way.
They are distracting me from the discussion, and aren't appealing to the eye. After I've seen them a couple of times they really start bugging me.

For example why not display a small banner at the bottom of the page, this way I can look at them if I want to during the discussion and am not forced into looking at them they way it currently works.
I would choose to display them if they were in that spot.
2465  Economy / Speculation / Re: Yet another analyst :) on: August 04, 2013, 07:22:37 PM
You skipped a wave here, pong was at 110.
2466  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 07:20:46 PM
It's not.

But the question to ask was "How is that related to the walls?"  Wink

ok but is it?
2467  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 04, 2013, 07:02:34 PM
SilkRoad is still up and I wish pedo are only a minority of Bitcoin users.

I'm sure you just mean "acting" pedo.

How is that related to the price of Bitcoin?
2468  Economy / Speculation / Re: Actual Bitcoin commerce vs. speculation on: August 04, 2013, 04:40:06 PM
[...]

It's probably worse. That 370Euro would come from a single regular who recently has become a Bitcoin zealot and the owner plays along to keep him.
So it's not an actual increase in turnover.

To abuse your own sig:

There's a tendency for every discussion about evidence of btc commerce to turn into a metaphysical investigation of what exactly constitutes "evidence" and "commerce".

Blitz originally asked about "meaningful transaction volume". Fair enough, the Munich situation is hardly evidence for this.  But phelix' point was: "If you have a computer at the counter accepting Bitcoin comes at such a small effort it will always pay off." That's not challenged by the claim that it's only 1 guy paying in btc.

It is if the guy would have bought the same stuff anyway.

The whole thing is besides the point though. 3.7 Bitcoins hardly qualify as meaningful transaction value, by any measure,  given the time period.
2469  Economy / Speculation / Re: Is bitcoin sowing its muscle? on: August 04, 2013, 03:07:11 PM
cool story bro.
2470  Economy / Speculation / Re: Actual Bitcoin commerce vs. speculation on: August 04, 2013, 02:07:30 PM
Do you guys know of any other stats?

Today, is there anything Bitcoin is actually used for in meaningful transactional volumes besides drugs (SR), gambling (SD), speculation and mining equipment?

Buying drinks at bars.

In Munich/Germany/EU there is a bar called "Niederlassung" (http://niederlassung.org). In the last five month they have made approximately 3.7BTC, ~$370 in Bitcoin. I am sure, they made an additional turnover of at least $700 in € from Bitcoin regulars that payed in €. This does not yet include free advertising. So they made a turnover of more than $1000 at what cost? Virtually nothing. They are running a laptop for other purposes anyway and simply installed Multibit. They printed a QR code on a piece of paper and put it up on the wall.

If you have a computer at the counter accepting Bitcoin comes at such a small effort it will always pay off.


370$ in 5 months.How much is a beer there?
On their price list it comes at 3euros ... make that 4$.

So you're telling me that they sold 90 of the cheapest beers in 5 months via bitcoin ?
Just to cash out those bitcoins it will cost them more than giving a free beer a day Smiley)))))

Ps. Bitcoin regulars that payed in euros are more like Euro Regulars.

It's probably worse. That 370Euro would come from a single regular who recently has become a Bitcoin zealot and the owner plays along to keep him.
So it's not an actual increase in turnover.
2471  Economy / Speculation / Re: Actual Bitcoin commerce vs. speculation on: August 03, 2013, 07:37:37 PM
That was supposed to be Bank to Bank or (more conservatively) Business to Business. I think you've read the tales of how Bitcoins are supposed to become the financial backbone of the new world order. (sorry for the pun)
2472  Economy / Speculation / Re: Market has peaked, sell off incoming. on: August 03, 2013, 07:34:56 PM
chodpaba is one of they few fellow traders who I expect to be pretty wealthy by now, but the way he posts now it seems it got to his head. (Sorry dude!)
2473  Economy / Speculation / Re: Actual Bitcoin commerce vs. speculation on: August 03, 2013, 07:26:14 PM
IMO it is a misapprehension of Bitcoin's economic role to see it as primarily an end-user currency.

Right the almighty supposed B2B killer usage.
Keep telling yourself that it will happen, the Banks are literally at our doorsteps.

LOL
PS: Do not forget to bring Max Kaiser, Bruce Wagner and the Winklevoss Bros, perhaps rpietila will host another conference just for you!
2474  Other / Politics & Society / Re: Is Bitcoin illegal in Thailand? on: August 03, 2013, 01:58:26 PM
Hilarious, you guys have the debating culture of 6 year olds.
2475  Economy / Speculation / Re: Actual Bitcoin commerce vs. speculation on: August 03, 2013, 12:02:56 PM
What are the incentives to spend Bitcoin rather than selling them and spending the Fiat anyway?

I've bought plenty of stuff "with Bitcoin" but besides the #1 issue of the Bitcoin magazine and the Bitcoin Keychain I've never done so directly.
2476  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 03, 2013, 08:08:19 AM
How can any bounce look different than a inverted head & shoulders? How can any top be different than a head and shoulders?

Geometry tip: They can't. Wink
2477  Other / Archival / Re: delete on: August 02, 2013, 09:49:02 PM
Can you guys please stop suggesting targets and think about the feasibility and intellectual value of the project first?
Of course maximizing the amount of butthurt should also be considered, but it's only a feature not a prerequisite.
thanks.
2478  Other / Archival / Re: delete on: August 02, 2013, 09:39:38 PM
It's about time you show up, lets generate some Drama.

The rest of the forum and especially the speculation board has been insufferable boring lately.
2479  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 01:48:33 PM
That breakout before the green rising support line crosses the red horizontal resistance aint gonna happen.
2480  Economy / Speculation / Re: Gap Observer mtgox / bitstamp / btc-e / campbx on: August 02, 2013, 09:03:04 AM
From the look of the spread out Askwall on btc-e I think we will have a new high today.

We really need a graph btw.
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