First rule of trading on btc-e is to turn off the trollbox.
Don't worry I freeze it as a rule, just saw how awful it was and scooted back here to carry on watching Shroomskit turn into a troll... After years of endless '..Sheeps!' 'Dumping idiots' and the classic 'Welcome to my ignore list. Bye' |
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You think it's bad here - this was the BTCE trollbox a few minutes ago:
Pimbo: digital can be erased, paper can be burned, and anything can get lost
ArlequinST: not if its up your colon
ArlequinST: rectum wallet?
Pimbo: wallet-in-a-hole
ArlequinST: pebbles you like rectum wallet, dont you?
zigz: new thing the kids are doing? spraying their bitcoin up eachothers rectums?
rick1208: too much dumpage for allmost no reason
ArlequinST: maybe sticking.. be a bit challenging to spray one up there.. ask pebbles, he seems to be the know it all about rectum wallet placement
pegglemaster: Pimbo, so whats your personal method?
zigz: I like to spray my bitcoin
rick1208: ama, thinking about New York
zigz: like a lion, scent-marking it's territory
Pimbo: pegglemaster, nothing fancy, just on my hdd (and dropbox), not exactly secure..
Pimbo: but im thinking hypodermic mircochips or hypodermic pouches would be the way to go
zigz: Might have to pull out the chicken bones for this next trade
memacs: Coma
memacs: Rizoma
zigz: Pimbo, you could maybe do a small non-biodegradable and stick it in your scrotum or something though
Pimbo: a superhuman photographic memory would be ideal
zigz: since the scrotum is already kind of a carrying bag
ArlequinST: I like sticking a condom on my bitcoin safe storage
ArlequinST: ribbed for her pleasure
zigz: I suppose you could sacrifice an entire nut, have the other replaced with your storage inside the fake nut
Pimbo: If you're an average american, you'll have plenty of space in your body for pouches!
ArlequinST: zigz, interesting..
LapMinerOnFire: Pimbo, yeah they can stick stuff under their front boobs, back boobs, other flaps
zigz: that'd totally work. I dunno if you'd want rfid or any way to access it, bip38, or something, private key, or just make it long term storage, so you have to physically remove your fake ball to access to the data
Pimbo: or on those electric scooters, never go anywhere without em
ArlequinST: we can tattoo bitcoins on our arses too!!
ArlequinST: so much potential
zigz: ArlequinST, could you imagine getting mugged though? Guy just flays off that portion of your ass
Quality stuff.
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People are sitting here freaking out of a drop from 620 to 570. It is nothing.
Shit I remember in September-October, bitcoin was hovering around 120-135 all the time. I didn't even care about the price at that time as I wasn't trading, and I don't think anyone normal (not a trader) is worried about these price levels.
Bitcoin was a long term investment for me and I couldn't care about 20 dollars price swing and I am sure most people don't.
Anyone freaking out now is for sure overreacting.
not everyone is holding 500%+ profit coins with nothing to worry about. Yes - after Gox ate some of my stash - my average coin cost went up to slightly above where we are now. I am philosophical and of course I am HODLING - but watching that 100 plus bucks drop since June 2nd is not exactly fun! Autumn last year I was in a lot of profit, now I'm back sneaking into the red - after logging in here every day without fail for so long. *Stoical smile* |
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They say 'Sell in may and go away' If you look at the June / July slide from the early June higher 600s - looks like the old adage has some mileage in it. 20/20 hindsight  |
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Re the buying on Gox and selling in China - and the subsequent dump
It is highly likely that this was driven by a significant Chinese buyer in collusion with western based confederates seeking to remove their funds from China to evade the corruption probes that are ongoing within the Chinese state.
Someone or a group of someones wished to move USD millions from China into the West quickly (to evade confiscation) using methods that the PBOC were unable to trace. Acting in concert with a small group of westerners , who work orders for their client - buying bitcoin in the west and selling them in China to the client. This causes the initial increase in demand for coins (several 100,000 BTC) - call it $40-100mm CNY equivalent at prices below $500-$600.
(The westerners probably did this in exchange for a percentage cut of the USD amount successfully moved from China.)
This initial spike primes the bubble and unleashes the horde who then run the price up into the 1,000's, during which time the initial buyer(s) dump their coins via stamp , gox and other Western Exchanges, and continue to do so past the bubble (and possibly still continue to do), driving the price down until the initial investor is fully out of Bitcoin and into USD that the PBOC cannot trace.
Such an exercise would also explain the Chinese response to bitcoin and the Chinese authorities attempts to prevent fiat flows into BTC since the November/December bubble.
+1 Makes a lot of sense. |
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Anyone struggling to get onto Poloniex..?
They've been doing a domain name transfer and the dns is now propagating. https://twitter.com/PoloniexThanks! |
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Anyone struggling to get onto Poloniex..?
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Nice clean and well laid out - will you add other crypto currencies? Will you add MACD /EMA options to the view... Got kind of used to Bitcoinwisdom features!  |
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Never thought we'd make 7777.... Price meanwhile... Meh!  |
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What's up with this thread - or is everyone off worrying about the correct XMR:BTC investment ratio to hodl? (Disclosure: Am up to about 50:1 but seems I am a pussy compared to the hardcore crowd). Even Aminorex seems to post on Poloniex trollbox more than here these days. Sadly, as I like his posts here (and have to admire his sheer eloquence) Off-topic, too... Risto's Monero Economics thread here is actually interesting - usual Risto stuff (pyramid of holders, predictions of riches etc...ego) but he's never gone off on an alt coin like this before. LTC now looking pretty sick - seems 'No.1 alt' crown is looking like passing on. Sea change...? |
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Jorge, for once - I salute you.
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Adam - you haven't done a COUNTDOWN in a long time... Rally the troops? |
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We can't go backwards!!!! Come on!
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Bugger... This REALLY will not stand!
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Bugger... This will not stand!
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Can't we all post one and take it up to the mark?
Are there not enough of us to take this thread up to the magic number...
Are we not warriors - will we let these dumpers BEAT us?!!
Alone we are nothing, but, united we can do it!
Come on - post!
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Risto's thread is good, because he makes sure it's on topic and deletes stupid stuff. But I like this thread because it has everything, and is alive when bitcoin does nothing.
Yeah, it's a tad more optimistic and Bullish (hey, it's Risto's thread ) And it also features nice castles that require some paint. Nothing that photoshop can't fix |
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Just popped back "Damn I wonder if it's passed 7777" i thought. But we're now back at 7765? Hilarious - there are some really bored people around here. Any actual speculation going on? Nope? Back to Poloniex to check on XMR then, I guess... |
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I'm just trying to bring some joy to this thread. I only see crying adults making a fight about nothing.
Luckily some people understand the humor and respond with Ron Paul.
Please ignore me when you don't like to laugh
I am 100% with this guy  Good, and now everybody delete your posts so that we can stay comfortably long at this important page This won't last much longer... We must prepare for the journey to page 8000! Stop wasting the pages! We're at 7778 before you know it! Don't worry! Page 8000 will be even better! Only one more post to go on page 7777, I wonder what it will be.
Goodbye, sanctuary of four sevens.Shit, everyone's deleting their posts. I guess we'll be here a while. edit 2, oh god so much deletion. All the page 7777 posts are falling to 7776. edit 3, shit, this post is on top of the page now. fuck. edit 4, welp we're on page 7776 now. fuck me and this post. Aaaaand, we're back on the fun page! edit, uhoh we're almost on top of the page again. edit 2 when i hit submit this is now the top of 7777 fuck edit 3 SHIT we're on 7776 again SOMEONE MAKE A POST edit 4 WHAT THE FUCK I THOUGHT WE WANTED 7777 NOT 5555 WHERE ARE WE GOING We got some 7777 haters here it seems lmao I thought that 7777 haters would rather bring us to 7778 instead of 7776  edit - Wow maybe we're taking this too far, close to the top of 7776 edit 2 - we are almost at the TOP of 7776 edit 3 - 7775...  We ought to be speculating the number of pages instead of the bitcoin economy  SELL SELL If we are going to speculate on the page count here - we have to be true to our creed: TO DA MOON! |
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it makes all the difference, a major exchange gave a nice and well deserved vote of confidence to Monero, its a win-win situation since XMR is on the top there for quite some time.
+1 Agreed Polo effectively dumped Litecoin markets for XMR ones - a big bet on Monero. Polo ain't stupid - they want the volume there. LTC has been losing its link to BTC price now, I think it's a smart move for Poloniex and good for Monero. TBH I used my (too high) LTC holdings to buy Monero as in the first place and I can't say I regret it... Good thread, Risto - will keep an eye on it of course. |
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