I just leave that here
[Graph of Stoner Wohlfarth MainLoop]
Um, can you provide some context/explain how this is relevant? I strongly suspect that the majority of perpetual motion "inventors" were annoyed by the explanation of magnetic hysteresis in high school. Essentially that is the juggalo meme in a graph. |
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I just leave that here  |
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I think you are overdoing it a little with the extrapolations.
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TL;DR Bears have underestimated price support. I wonder why  Because you said so dear Highness. This is something that can actually be measured. No need to take my word for it. Great, now I'm expecting you to show me how... |
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TL;DR Bears have underestimated price support. I wonder why Because you said so dear Highness. |
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The worst thing actually is that MP will get even more smug than he already is.
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Does nobody but me find it a bit scary, that a single entity could acquire ~1% of all Bitcoins in existents, in the matter of days(?) without sending the price stratospheric?
Who says days? We dont know WHO bought WHEN what amount and if they were smart they would have bought on down terms or from a large BTC holder that wants to cash out off exchanges, maybe it even IS an early adopter, who knows? It may even be Satoshi himself that wants to eradicate this gambling hell off the map of the internet, that has his name printed on its back? Doesn't strike me as the type. |
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What will happen at the $86 bid wall? 3000 btc tall and doesnt look like people are that willing to sell. how long will it take to break or will it be broken?
I'd rather think that it will evaporate. Just like the walls at 87.5 did etc. We'll see. |
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What will happen at the $86 bid wall? 3000 btc tall and doesnt look like people are that willing to sell. how long will it take to break or will it be broken?
I'd rather think that it will evaporate. |
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cause you can't actually predict it
Sometimes I can, sometimes I can't Yes it's called random chance. |
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a) Only very stupid people wire money into gox while they can't get it out, and Bitcoiners aren't that stupid. But they won't leave either since they wanna take advantage of the good prices at gox. So gox is a zero sum game.
b) Miners and other people with excess Bitcoins sell them on other exchanges since it would be even more stupid to sell them on gox.
c) The recent crunch was initiated by other exchanges and gox followed, gox is already under 50% in USD and under 60% overall.
d) The need for sound infrastructure doesn't suddenly make it happen.
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the price of bitcoin is crashing, SELL SELL SELL!
It looks more like the BTC trader world have all fallen asleep, almost nothing is being traded at all right now. Well you guessed it I'm bored to hell with the posts here. All I see is the same stereotypes parroting their shit. |
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the price of bitcoin is crashing, SELL SELL SELL!
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You could think of it as such: the body of the western world is dead; the mind is simply hallucinating on its way out. And its progeny are too young to rise yet.
love that image. Could also be applied to Bitcoin. It sure could but given the thread subject and history Bitcoin is more likely the progeny As said hallucinating. |
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You could think of it as such: the body of the western world is dead; the mind is simply hallucinating on its way out. And its progeny are too young to rise yet.
love that image. Could also be applied to Bitcoin. |
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Why don't I feel like joining the gox FUD choir? Have I changed? Or is it something else?
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...So many chickens without heads running around.
The best way to deal with that is to simply wait -- they settle down eventually  We can always make chicken vindaloo then.  |
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Ok I did forget, Sonny, you should totally sue Bruno.
sign
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