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2561  Bitcoin / Project Development / Re: Letter to the CCC on: November 30, 2010, 10:08:41 AM
are you referring to those bitcoins that you colelcted for the CCC donation? how many BTC do we plan to donate?
2562  Economy / Speculation / Re: Bitcoin Technical Analysis on: November 29, 2010, 11:21:53 PM
There is not a lot to add to the midday update (but I would feel bad if I did not issue the promised update in the evening as usual. So that's why here are some fresh comments):

Trend is DOWN.

Short term target of approx 0.2 has been almost reached (0.215 today) and prices bounced off from there. This evening prices then continued to decline (currently 0.236, down -13% for the day).

We have always highlighted the importance of the longterm uptrend line, and indicated that, if it is breached, the trend changes.
Now, the break of this longterm uptrend line seems to be very significant and surprises can come on the downside now. Unless 0.30-0.35 is materially broken, expect prices to decline over the next days or rather weeks, down to larger resistance in the 0.11-0.14 area.

I will try to narrow the support ranges once the pattern becomes clearer.
2563  Economy / Speculation / Re: Bitcoin Technical Analysis on: November 29, 2010, 07:13:54 PM
There are still huge selling orders just above 0.28 in mtgox which is massive resistance. Unless this resistance is cleared, there is no upside and prices may meander between here and 0.20 and potentially in another wave down to 0.11-0.14 if more BTC holders get impatient or nervous like today.
2564  Economy / Speculation / Re: Bitcoin Technical Analysis on: November 29, 2010, 11:58:35 AM
This is to share an interim alert on BTC/USD.

Prices are violating the longterm trendline and have broken DOWN.

We will see how material this break is, but the technical picture does not look good at this stage. It at least means that the correction that started on Nov 6th may be extending to previous support levels.



One resistance is 0.2 $. If this breaks, we may quickly see prices moving down to the before-mentioned 0.11-0.14 $ zone.

2565  Bitcoin / Project Development / Re: Operation Project Wonderful (225 BTC PAID) on: November 28, 2010, 11:20:10 AM
I guess this thread is more to get Bitcoin exposure/advertisement and not that it needs to be project wonderful, right?
This might be helpful (advertising with bitcoins and even helps the bitcoin economy):

http://www.biddingpond.com/item.php?id=148

Agree. In my mind, this is about create awareness and then make people try bitcoins.
2566  Bitcoin / Bitcoin Discussion / Re:Re: What will governments do against Bitcoin ? on: November 28, 2010, 11:15:53 AM
I did.

Somebody (I think it was you) said it was not a good idea to publicly brainstorm about how to counter bitcoin.

I thought it made sense.


well.... lets have an i2p or tor thread then.....

perfect. that makes more sense
2567  Bitcoin / Project Development / Re: Operation Project Wonderful (225 BTC PAID) on: November 27, 2010, 03:47:43 PM
Kiba: can we extend the campaign to keywords such as
Wealth protection
Financial crash
?

Apparently, they don't let you tag with two names. I find lot of sites with wealth or financial, though.
wealth, finance, financial is also good
2568  Economy / Marketplace / Re: The Niche List on: November 27, 2010, 12:31:56 PM
I've just read about Diaspora, a decentralized social network, as an alternatice to Facebook, and was bearing in mind the discussion about dating sites. So, what do you think about the idea of a distributed and decentralized dating network? It's just so simple: we have decentralized communications via Skype, decentralized file sharing (BitTorrent), the decentralized Tor network, now decentralized social networks; so why don't be a decentralized dating network? It seems that the discontent with the lack of privacy (and other issues inherent to centralization) on dating websites is even stronger than with social networks like Facebook, don't you think?

The decentralized dating idea has huge potential to appeal to people.
this is a great white space territory that can be occupied
2569  Bitcoin / Project Development / Re: Operation Project Wonderful (225 BTC PAID) on: November 27, 2010, 06:26:07 AM
Kiba: can we extend the campaign to keywords such as
Wealth protection
Financial crash
?
2570  Economy / Speculation / Re: Bitcoin Technical Analysis on: November 26, 2010, 07:12:37 PM
http://mtgox.com/blog/?p=60

Tonights update including the special for this week with the order book review.
2571  Economy / Marketplace / Re: Kiba's Art Thread (Using Ubitious) on: November 26, 2010, 06:28:41 PM
Demand is low. People are getting tired of my artwork in progress?

I just downloaded it and found it quite creative!
2572  Bitcoin / Project Development / Re: The World's First International Bitcoin Users Meet-up on: November 26, 2010, 12:12:26 PM
Quote
We can have a day of skiing together in Feb or March 11! :-)

Good idea. Perhaps Valais/Wallis as it's accessible from both sides of the country? Crans Montana would maybe be easiest transport wise. I haven't skied in Zermatt yet and would love to go some time this season.

I love Zermatt. Have skied there before... and would for sure go again!
2573  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: November 26, 2010, 10:02:29 AM
http://www.istockanalyst.com/article/viewiStockNews/articleid/4697943

another one (same content as irish times today)
2574  Economy / Economics / Re: transferring money as a service on: November 26, 2010, 07:47:00 AM
Just thought of a cool way to make money transfering real cash for people using bitcoin.

Person A in some city/country, wants to wire money ($500) to Person D in some city/country

Person B and Person C both use bitcoin.

Person A gives person B $500 cash plus a handling fee

Person B gives person C $500 worth of bitcoin plus a smaller handling fee

Person C gives person D $500 (in local currency)


Inspired by Hawala: http://en.wikipedia.org/wiki/Hawala

This is a great idea.
2575  Economy / Economics / Re: What's up ? Is something wrong going on with BTC market ? on: November 26, 2010, 06:17:34 AM
@kiba: you are right

There are many other financial markets displaying very low volume before breaking out either way. this is just normal and so is trading bitcoins on MtGox or anywhere else
2576  Bitcoin / Bitcoin Discussion / Re: Promotion: National Radio Show Interview about Bitcoin on: November 25, 2010, 08:35:26 PM
It's not "pushing", it's just "first exposure".

Also, 99.9% of the listeners won't look into bitcoin until they've heard about it a dozen or more times.

+1

100% agree
2577  Bitcoin / Bitcoin Discussion / Re: Promotion: National Radio Show Interview about Bitcoin on: November 25, 2010, 08:26:34 PM
Agree, we should not push it down the throat.

At the same time, bitcoins need more adopters and if done appropriately and in a balanced way, this interview can move a lot.

Based on what I experienced from bruce, I do not think there is a risk for "pushingtoomuch"
2578  Economy / Marketplace / Re: BiddingPond.com discussion on: November 25, 2010, 08:21:14 PM
http://www.biddingpond.com/item.php?id=85

I am offering again my beautiful stamp collection.. maybe a x-mas gift?
2579  Bitcoin / Bitcoin Discussion / Re: Promotion: National Radio Show Interview about Bitcoin on: November 25, 2010, 08:07:15 PM
You're fantastic! We can fully trust you.
2580  Bitcoin / Bitcoin Discussion / Re: Promoting Bitcoins on X-MAS (THANKSGIVING) on: November 25, 2010, 01:37:38 PM
Maybe there is too much going on to establish this...

But, what do you think about the idea of using X-Mas as a way to further spread bitcoins?

Enable a way to give some bitcoins as x-mas gift in a very nice way (other than the anonymous way we currently have)? We just need  a x-mas design card with a link that people can "redeem" the gifts.
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