lmao finex is on fire! sub 200 here we go!  Man, more like 100 here we go lol |
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Even though I'm losing money here, this is a pretty amazing thing to behold  |
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This is all just an experiment and we really need to see what happens when a major, long lasting fork occurs. If Bitcoin can't survive, it wasn't good enough to begin with, and it would be time to go back to the drawing board.
No drawing board is going to solve a split consensus  |
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Tweaking? What the hell does that mean? Is that a polite way of saying whoops I fucked up? I hope the missing coins get found on him somehow and those who lost a lot of money get it back.
The majority were probably spent long ago or never existed in the first place. I would be surprised if he didn't have a large, hidden stash somewhere, mind you. |
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Hey, thanks for the link. That makes for some pretty interesting reading. 430K BTC in a hot wallet, he only had one bank account which was shared with customer deposits, he knowingly deposited money into fake accounts, "my grandmother has a castle in Switzerland." |
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July 31, 2015:
Price: $200 - $300  lol, we're going to need more smilies the way this is going |
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Do you really think the effect of the halving will show itself 'exactly on' of 'right after' the reward halfing?
Of course the effect will be spread out to a period starting well before the halving itself end ending well after it. Many seem to struggle with causality when the effects are not immediate. I should like to experiment on forum members by removing B12 from their diets, to demonstrate gradual and delayed effects. Not I. After X = because of X, scientifical fact! I also enjoy extrapolating from a single point on a chart (only one reward halving has taken place to date). Too many data points only cloud the big picture  We are a little, mischievous imp, aren't we? And you know what imps like best? Being strapped and gagged. Rumpelstilstkin can attest to my mastery. |
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Lo and behold: | ________________________ | | | Price at time of prediction: | ~263 USD | | Price at end of month: | ~284 USD | | Percentage increase: | 8% | | Predicted increase: | 457% | | Out by factor of: | 57 |
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Do you really think the effect of the halving will show itself 'exactly on' of 'right after' the reward halfing?
Of course the effect will be spread out to a period starting well before the halving itself end ending well after it. Many seem to struggle with causality when the effects are not immediate. I should like to experiment on forum members by removing B12 from their diets, to demonstrate gradual and delayed effects. |
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There's been a full on assault on this thread by the madam of choppery, so we should proceed with caution or lol. Up to you.
Bit like a bouncy castle being assaulted though, isn't it? |
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Most people are very unimaginative (and uninformed). They can't really think for themselves.
Alas, herein we seek our advantage. |
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When Bitcoin goes up, everyone thinks up, and when sideways, everyone thinks sideways. During the last bubble, people were imagining 10,000 USD, now they're imagining range-bound for the next 5 years, lol.
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I believe she (via sock) posted some over-sized GIFs and a P&D declaration a little while back, probably because it had crashed all the way from $287 to $285. Wait, she? |
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Just another moron who can barely speak english like 99% of posters on this forum
this forum being filled with broken-english speaking retards You do realise the English language comprises more words than faggot, retard, bullshit, asshole, cock and suck, I assume? Perhaps you might like to pick up Dr. Johnson's magnum opus and familiarise yourself with some of these other fine words, like chauvinistic, rancorous and knucklehead. |
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I asked this earlier in the thread and received no reply but I shall ask again. On which website can I add different day moving averages? I cant find an option on bitcoinwisdom.com
Can't you do this on BitcoinWisdom? Settings->Indicator Parameters. I use 20/50/200 setup for EMA/MA. |
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Or armeggedon could come and the world will be destroyed. Or a supernova happens near our solar system and we're wiped out. Or ISIS drops 10000 nuclear bombs in north america.
But if that happens, then you're screwed either way. Debt or no debt.
If you become unemployed, and you have no money, you'll still starve to death whether you have debt or not. Makes no real difference. But if you win the bet, THEN you become unemployed, you still have money left over to use.
Most debtors see only the prize and ignore the forfeit, which is their pound of flesh. If you make a bet, know the consequences, consider the possibilities. Don't tell yourself it's a grand idea just because you might be ionized by a supernova. |
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If things don't go well and bitcoin fails, so be it. It's not too different from people betting a few years of their lives on their start ups. If it fails, it fails.
are you suggesting that people should not do start-ups either? That the only way to live is to become a slave-worker until you're 65?
It is a gamble, like anything else in life. You're gambling that you won't get hit and killed by a car when you're going to work everyday. To say that you shouldn't work because there is a risk is just silly.
A person's risk tolerance depends on many things including but not limited to their wealth, their ability to earn income, their age, etc. Sometimes, because of a combination of factors, their risk tolerance can be greater than their net worth at that particular point in time. It's not such a difficult concept to understand, it just requires a shift in your thinking and getting out of this middle-class protect-my-wealth kind of mindset.
Well, you suppose in your bet that the future will be like the past, and that might be a costly mistake, if for example you are made unemployed, or your country of residence turns into the next Greece. You will then become enslaved by your debt to your lender. Personally, I would rather not render my destiny into the hands of Fortune, although I know many would. |
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