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666 is a number made up of three 6's.
6 is the number of the Sun in the Hebrew Qabalah. Three 6's is basically a more powerful form of 6.
So 666 is the power of the Sun multiplied 3 times.
The Christians took that number and made it seem scary by putting it in the gospel of St John - a weird story about the Apocalypse.
The Christians have made up many strange myths to make ancient religions look bad or 'evil'. Another good example is Pan - the goat legged man with horns. He was a nature god that represented Nature and the whole universe - hence the word Pandemic or Pantheon - Pan meaning All. The Christians decided to call that image the Devil and say that he represented Evil. They also say that women are evil because they give birth, and that it is evil to have sex etc.
It hasn't helped that there are many silly movies where the number 666 is used to represent evil either. Basically the number has been imprinted on the minds of the masses as meaning evil, whereas it really is just a number of the Sun.
It's basically the Hebrew Qabalah which has hundreds of ancient authors & documents VS one story in the christian bible by 'St John' which has no verifiable accuracy and even if it did - who cares?
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"Bad" news seems to be coming out but most of it is misinformation it seems. Bitcoin days have seem to have been destroyed for no reason. A lot of things just don't make sense.
The media is controlled by the same people who have a heavy interest in fiat currencies. Of course they will jump on any bit of news they can to try and destroy bitcoin. But bitcoin is being used by more people every day. It is here to stay. |
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Hmmm.. apparently this is not really a bitcoin speculation forum -
Precisely. Which is why all commentary should be (but usually isn't) based on something other than what the poster desperately wishes were the case due to their own personal circumstances. Look at your comments pretty much since you arrived here, and imagine that someone listened to everything you said and acted on it. Right now, they would be wanting to kill you. Like what exactly?!!!! You have got serious issues mate. I have said nothing that 'if someone acted on they would want to kill me'! You are a flipping head case. If someone 'acted on something I said' that would be their decision anyway. I am allowed my own opinion thank you very much. And to be honest your f**king god damn negative BS regarding everything I and many others say is starting to piss me off. 'Someone would be wanting to kill me', because I express my speculative thoughts in a 'Speculation' forum. Really? If they did then I suggest they stop using this forum and get some kind of psychological therapy. |
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Really? They come good on every announcement? Like litecoin which was being implemented last August July April? And why is it taking them so long to fix this code when every other exchange was able to do it within one day?
" Resuming WithdrawalsWith this new system in place, MtGox should be able to resume withdrawals soon. At the beginning we will do so at a moderated pace and with new daily/ monthly limits in place to prevent any problems with the new system and to take into account current market conditions. In order to launch the new system, we are going through the following steps: Re-indexing the entire Blockchain (approx. 32 million entries) Fully deploying the new NTX ID Implementing a new bitcoin withdrawal queue that needs to be tested We will update everyone again by Thursday at the latest." I guess that takes a bit of time to implement and test. And I was referring to the announcements they've made since the BTC withdrawal issue. |
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Re: Will Bitcoin become worthless?
No. |
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It's bad news actually. no action. "wait another 3 days till we give you an update about our plans which should occur 'soon'". More Waiting. The same old bs. The same thing that caused a crash over the weekend. Nothing new.
Sounds to me like they have come up good with every promised announcement so far and they are actually trying to fix a bug in their code. Great opportunity to buy cheap coins! |
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At the beginning we will do so at a moderated pace and with new daily/
monthly limits in place to prevent any problems with the new system and to take
into account current market conditions. Ha. Ha. I see exactly what you mean. Thank you so much. |
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It is amazing what complete nonsense people say in this forum without actually reading the announcements Mt. GOX's MONDAY ANNOUNCEMENT IS HERE: https://www.mtgox.com/img/pdf/20140217-Announcement.pdfTheir News Feed is here: https://www.mtgox.com/news" Resuming WithdrawalsWith this new system in place, MtGox should be able to resume withdrawals soon. At the beginning we will do so at a moderated pace and with new daily/ monthly limits in place to prevent any problems with the new system and to take into account current market conditions. In order to launch the new system, we are going through the following steps: Re-indexing the entire Blockchain (approx. 32 million entries) Fully deploying the new NTX ID Implementing a new bitcoin withdrawal queue that needs to be tested We will update everyone again by Thursday at the latest" |
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It seems MtGox has started BTC withdrawals, but the transfer queue has been flooded with requests.
I tried it out and got Transfer queue is currently not accepting more requests, please retry later
The NEWS FEED IS HERE - I suggest people try reading it before trying withdrawals as it clearly states THURSDAY there will be another announcement: https://www.mtgox.com/news |
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It seems MtGox has started BTC withdrawals, but the transfer queue has been flooded with requests.
Or they just changed the text displaying after withdrawing. Anyone got their withdrawal proceeded? Can people here read or....? " Resuming Withdrawals! " With this new system in place, MtGox should be able to resume withdrawals soon. At the beginning we will do so at a moderated pace and with new daily/ monthly limits in place to prevent any problems with the new system and to take into account current market conditions. " " In order to launch the new system, we are going through the following steps: " " - " Re-indexing the entire Blockchain (approx. 32 million entries) " - " Fully deploying the new NTX ID " - " Implementing a new bitcoin withdrawal queue that needs to be tested " "
We will update everyone again by Thursday at the latest." |
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thanks for that. I think they spelled it out there - Hysterical media hype - just like this forum trying to scare people off bitcoin.
Bitcoin is here to stay.
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I am a former supporter of bitcoin but I hate to say that bitcoin will not reach mind boggling prices. There is one important reason for this:
HACKING
1. As the price goes up, BitCoin will be more lucrative to hack. This fear of losing funds will keep the price down. And even the most secure of exchanges have been hacked like CoinBase!!! That’s right. Don’t believe me? Do an internet search on coinbase hacked.
You mean like every online banking system that gets hacked daily?
2. All exchanges are easily hacked and not secure enough. This is another contributing factor that will hold the price of BitCoin down. We’ve seen wallets get emptied for an entire exchange. But its not just that, even individual accounts have been hacked if they could not hack the entire exchange.
I think web designers know quite a bit about hacking and can mitigate such risks
3. BitCoin’s convenience is its weakness. Bitcoins are available in electronic space or Cold storage. So its much more susceptible to have the coins getting stolen. With a bank, its much more difficult to do this. I can go to the bank and make a deposit and my account is credited for that deposit. If a hacker gets my user name and password, and tries to transfer those funds, I can catch it and deny the transfer. Everything can be traced. With Bitcoin no one is even willing to prosecute hackers that steal coins. And how often does a hacker gain control of your bank account as opposed to a bitcoin exchange account? How often does a hacker empty the funds from a bank account compared to a bitcoin account? Also here in the USA, funds are FDIC insured for up to $250,000.
Also consider computer crashes and losing the paper that had all your coins on it.
That's why you do backups - just like losing any other important data. people who aren't computer savvy can use online wallets
4. Lets just pretend that BTC does reach 100,000. Given all the risks of how easy it is to lose your coins, why would someone pay that price? Why not hold a stock that is worth 100,000 dollars? That is much more secure than a bitcoin.
I learned all this the hardway when my cryptsy.com account was hacked. I only lost 3.11 BitCoins which was basically all my profit plus 800 dollars net loss. Its not a lot but enough for me to say I am going to stay away. None of these exchanges are secure enough like a banking website. I will move my coins away from coinbase into cold storage and hold until the price gets pumped up enough for me to sell off and break even.
BitCoin was a promising concept but until you see your wallet get emptied, you see all the flaws. BitCoin didn’t ruin itself, the hackers did.
Aha! that's why you wrote this. Sorry to hear that. Everyone should be using One time Passwords or Google Auth.
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Hmmm.. apparently this is not really a bitcoin speculation forum - it is actually the bitcoin kindergarten for the mentally challenged.
So... This years prizes for top of the class for the Bitcoin Kindergarten Shool for the Mentally Challenged goes to......
1st place: Matthecat
2nd Place: fonzie
3rd Place: ltcifc
Well done, your golden nappy trophies are in the post.
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Another fortune teller.
Hello? This is the 'SPECULATION' thread!!! I think you should be in the general chat forum or something, unless you want to 'Speculate' i.e. fortune tell. |
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thelema93!
The gift that keeps on giving:
BWAHAHAHAHAHAHAHAHAHAHAHAHA!
Thanks for that. Interesting perspective |
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The most obvious floor price is around $550. BTC hit that floor before we saw the massive rally up to $900 and beyond on December 19th.
Next it hit that low just recently on the 14th Feb and nothing major happened after, but that was cause it was mainly due to a little panic selling/buying. The next time it hits $550 it's gonna because of this slow decent we are seeing over the last few weeks. Everyone in the know is gonna realize that that's the bottom and there is going to be major buying happening.
My tip: BUY big as soon as the price next hits $550 - cause it's going to be back to the moon after that. I will be buying then for sure.
Now for the trolls to say I am an idiot....
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this is why i have removed mtgox from cryptocoincharts.info ! the price on mtgox is not a bitcoin price. its something completely different. nobody should bother about the prices on mtgox. but i guess pigs are stupid and all exchanges follow the downtrend
+1 We need to get gox out of the way, people are trading fiction goxbux and goxBTC, and go in goxbux because they think they have a bigger chance of recovering it. It seems that Mark is working on BTC withdrawals, watch the price shoot to 1K as soon as BTC withdrawals work... I was wondering it - it is not possible to withdrawn either btc or usd from Mt Gox? Initially i thought the problem was only with withdrawing btc and that that is why ppl were so desperately selling them ... you CAN withdraw all currencies in fiat - it just takes 4-6 weeks or something to get it. |
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It has been reported in the Daily Mail that Mark Karpeles has sold everyone's bitcoins to moon people. He bounced to the moon yesterday on his blue ball and used a giant Frappacino latte to fuel his Gay-Bouchery rocket buddy. This is 100% true because I say so. So sell all your coins on Gox now for $300 and go and buy yourself some doggy coins instead.
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presumably because Gox has temporarily halted BTC withdrawals, a whole bunch of paranoids are selling their coins so they can withdraw the fiat instead. A panic sell off of BTC = massive price drop on Gox. I don't think there's anything more sinister than that going on - unless you can prove it?
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