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2661  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 16, 2013, 01:54:04 PM
Please stop quoting Coinseeker.

Yes please, I ignored him but I still get to see his fear mongering crap because of people quoting him.
+1

Think about something. What does ignoring coinseeker do? It makes those few hundred who post regularly here not challenge him and makes those reading those posts to not see any challenge. So, the other 10's of thousands who just read, start to actually be influenced by him. It is much better to "challenge" and debate posts we disagree with, at least those that have some assemblance of intelligence - which unfortunately his do. That is why I find his kind dangerous. They can look at you with a straight face and say they mean no harm and they are trying to help, all the while clenching the hidden knife harder in their hands. What some won't do for money.

Coinseeker - What I find amazing is that you have so much time just to say bad things. I mean, think about it. What is your purpose here? Are you trying to save others? IF you are then stop posting false stuff like BTC is illegal and other nonsensical things. Again, it is why you are so clearly to me here to manipulate the price. Wouldn't it be better to spend all the time you spend here posting negative things, be better spent posting somewhere where you are trying to do some good and not just be a downer?

Anyway, give this time. The AOL CD's (BTC wallets and services) are just getting started. Regardless of how well BTC does, we are more than likely going to see some very interesting innovations in the next 6 - 12 months. I mean, I am no longer an IT expert, many years removed but I was able to figure out how use most of the BTC tools and such.
2662  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 16, 2013, 12:00:25 PM
You overestimate the negative sentiment the masses have on financial institutions and governments.  Yes, everybody complains but most are content with what they have.  It's certainly not so drastic that people will go through the incredibly difficult processes of setting up wallets, getting money into the system, buying BTC and then finding a way to spend them, which we know are far and few between. 

Most are not content. How could you ever make a statement like that? We are in the top 5% or so of the world, right? I mean just being here and on a computer. And many of us, if not most, see the disparity of wealth. I'm afraid you are missing the point of BTC. You often speak of it in terms of "investing". It is a movement. It is a symbol. It is a statement. It may flop, but the seed has been planted and that is in part, why I "donate" to the cause. There is no failing in setting precident. This isn't about making money. It is about making change.

Remember in the days of AOL CD's all over the place? I was an IT guy back then and thought "Who the heck needs help setting up an account? What a joke? It is easy!" But see, we are the techy's (here). We are the leaders/early followers. We are just laying the foundation. We are analagously in the stage of going from a command line internet search (our clunky wallets) and going to Netscape Navigator (nice and easy to use wallets). Don't lose sight of the forest by staring at the tree too closely.

Not to mention, Bitcoin is becoming a bad word associated with all things criminal much faster than it's becoming some "beacon of light" as it relates to currency.  It's highly volatile, it's clunky, difficult and confusing and it's absolutely vulnerable to far too many variables. Image is everything and Bitcoin is losing that battle.  It's attractive to diehards and high risk investors sure, but most of them have no clue what mainstream wants because they are completely out of the loop. 

Wars with words has been "their" norm. The "War on Drugs", "War on Terror", etc. But, we are collectively waking up. Associate all you like. We are waking up. It comes down to prosectution and laws and as you can see, they are trying to pull an Al Capone on us. They can't catch us, not legally anyway, so they are going for the regulations. But, most exchanges will follow regulations. VC's will start new ones that will. It will be a huge snowball effect. They are just helping us to be legit.

Bitcoin is like Napster.  It has shown us the way but an "iTunes" is coming to do it right.  My guess is that's Ripple.  They have the advantage of being able to take the high road and separate themselves from the black market, money laundering stigmata that Bitcoin has developed, while still accepting Bitcoin as a currency.  This is good for Bitcoin and it's last gasp at mass adoption.  If the masses are more concerned with low transaction fees and ease of use, than they are having actual stores of wealth, the XRP will reign because an IOU will be sufficient. 
Bitcoin is like torrent. Money is like Napster. Do I have to hold your hand with these basic observations. Again, this is why I see you as being manipulative. Your ability to communicate and what you say are at two different levels. It is easy to dissect your purpose here. I'm just making it easier for others to see what you are.

Overall, you are one of the most negative and fearful posters on this board. I see nothing in the way of an open mind. So, I imagine all of this is a challenge to your reality set. It sounds like being correct is more important to you than helping life to continue here on Earth. Being right is more important than taking a chance and making a statement. Sitting there watching everyone dance while you remain in shackles must be tough. But it's never too late to get up. Maybe we can't dance well, but we are trying. We are going forward, with or without you.

Dream, take a chance, do what is right, get away from the darkness and fear.

IAS
2663  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 16, 2013, 11:07:17 AM
No. The price is stable as all poor souls locked with FIAT in MtGox try to buy BTC a get the hell out of MtGox ASAP. And Mr. Karpeles' silence just worsens this.

And no, there are not many options left. International wire is quite expensive, SEPA takes several weeks to finish. So many just buy BTC as soon as it lowers a bit. Thats what you call "stability".

I think we are complicating things here, by "we" I mean you and a few others judging the severity of the DHS news.
First, regarding "not many options left" - that is just no longer true. MtGox is no longer the center of the BTC universe, though it is still too large. This news will actually help level things and probably open other doors.

Second, stability is a ways off. We are just starting the "government/banking" journey. This news was NOTHING. Really, they aren't even going after BTC. The reason being, there are no laws which allow them to do so. Governments at this stage are afraid to, and actually don't have a clue, as what to even define BTC as. I'm afraid, for them, it is just like Internet PII. They will just be too slow to react. The only thing they can hope for is to somewhat regulate it. The banks will push for that to a point. But, we are just too small to do much about. Stopping it, being that the world will likely support it (all the while having a float of less than 11 million BTC's) is not really an option at this point. It will continue to be attractive to too many people unhappy with the state of things.

Just look at the slowness of things. And, again, they are not even attacking BTC (maybe with words) but they are just making sure regulations are being followed. And the Dwolla Gox thing is really really gray. I mean MtGox spent, what? 25 million getting things in order in the last year for this? This screams of either being overblown or too little too late.

Anything is still possible, but unless the internet gets shut down or the like, we probably continue for months if not years before we see what can amount to anything huge. And by that time we will probably be too well established imo.
2664  Bitcoin / Bitcoin Discussion / Re: Here is the Seizure Warrant on: May 15, 2013, 10:49:44 PM
I would imagine that they've spent millions setting this stuff up correctly.

I think the US govt is just finding ways to nit pick because they need some excuse to seize funds.

These are both solely my opinions.


And if they do a few more of these and none of them stick, the courts are going to start to refuse to do anymore. Not to mention other countries are watching. The beauty of all this, is that there are so many exchanges and they keep growing. So, essentially you have a government/banking system going after BTC (decentralized) through an essentially decentralized exchange. Ummmm, they don't have this much time.

The anti-fragile nature of Bitcoin is already flexing its muscles. The Black Swan is here fellas. See sig...

IAS
2665  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 03:45:13 PM
Just wow, after what a few bears told us was bad news, we are basically back to yesterday's level. 116 Dollars now!

This is just going to get more and more interesting. Regulators and laws going against huge amounts of VC money and an economy screaming for alternatives in currency, hello Cypress.

Man, those were some huge buys that just went through. Was it at market?
2666  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 03:07:52 PM
This is the chart I've been waiting to see. To me, new highs aren't really that important, I mostly have been waiting to see the new bottom.  It's provided us with this third critical data point for growth rate, which gives us a better idea of bitcoin's trajectory.  I like what it shows.

Agreed. Looks like $100 is the new $50. Lots of buying pressure the closer it got to $100. Without the Gox drama (I hope people leave that exchange in droves), we'd probably be at $125-$130.

I really wonder how much support we are getting from Europe and China. Here in Germany when the news hit, the prices were unaffected in large part.
As we go more global, it is going to be interesting to see how we adapt and adjust to news. I am looking forward to more good news from China.
Remember, we have next to no float (11 million minus BTC's). Once the majority of those stop changing hands so often for the purposes of pure speculation, we will see another run to a market price.
Where that is we can only guess, but doing some simple math puts us in the 100's of dollars per BTC, and that is short term. Let's hope we continue to follow regulations fairly well and that VC money
keeps coming in. Even if we become a Western Union, pay pal replacement IN PART, we are talking a valuation over $500 per BTC. 11 million float for a global currency is like a bad joke, at least we
have those 8 decimal places.  Grin
2667  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 03:03:43 PM
As this recent drop to $103 was entirely news-driven, I wonder if that after a brief consolidation, and lacking any other follow-on U.S. DHS seizure news, the gentle uptrend of 7 prior days will continue towards resistance near $120.








The chart in itself is a sentiment indicator. The news driven "mini sell off" is also a sentiment indicator. I'd say yes to your question as we are still dealing with the same basic premise. Further, if the news stays about at the level it has been received, it is essentially no news. Interesting how it was attacked and run with as being like the end of the world. Really, BTC is an anti-fragile technology and the event is a Black Swan. See my sig. It does not mean we succeed, but I think we have a very very good chance. Time will tell.

ManBearPig - Nice chart and I agree with the reply to it. It is nice to see a confirmation of a bottom, thanks for the chart!
2668  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 02:42:12 PM
That's what I believe and that's all that matters.

This is becoming a running theme in these forums.

I don't watch TV, and certainly not reality shows... but I would start if there were one with you and rpietila trapped in a lift (elevator) together. Surely, hilarity would ensue!

LOL, that is a quote to remember. Sometimes things just blow up in your face.

2669  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 02:39:02 PM
Coinseeker - Looks like you are awfully popular lately.

2670  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 02:23:52 PM
Stop feeling the troll. Coinseeker is a retard. He's hoping the market goes down so he can buy back in. He's fourkey2001 2.0. Just click ignore, stop quoting him if you do reply, and move on. Pointing out he's wrong just makes he move onto some new FUD.

And here comes the name calling.  Ah...yes.  The height of supreme intelligence.  Roll Eyes  Not sure how wanting the price to drop makes me a bad person and certainly warrants being called names.  I guess you'd prefer there was a Bull section and a Bear section so you wouldn't have to read any posts contrary to your beliefs and opinions?  Segregationist?  

I get a real mixed message from you but the manipulative part is clear. It is the honest part that isn't so clear. You try to keep things professional with your words, sort of like a banker in a suite, but your message isn't exactly in line with your professionalism, sort of like a banker in a suite.  Shocked
For example, none of us had a full story regarding the DHS thing with Dwolla. Well, how can you come out and say things are heading down, this sounds real bad, etc? The most we can say is what the statement said, but you took that and created a whole story and gave every body an easy way out - sell.
You are showing your true agenda - you want the price of BTC down, whether or not it is for you to buy in lower we don't know. My guess is no, because being ingenuine in order to buy lower (by helping a panic sell to occur) is being ingenuine in the end. That is clearly not what BTC is about.

And yet you try to convey this image of being a good person. You bring up your wife and how you talk about those crazies on the forum. Hello... you are sort of one of them in many of our eyes. And again, it is because of this in-genuine odor you give off. Many won't bring it up to you for you on probably on ignore. Anyway, I don't dislike you, I just don't have respect for you method of manipulation and manipulation in general. If you question what many of us see in you, just re-read the posts, I did, and it is clear what you are. A smile is only skin deep. Give it a rest and be what you are... that is genuine.

Remember, It's about sharing...

I've never denied the fact I want the market to fall.  And if you read my posts, I said in my "speculation" as a US citizen, this is going to be bad.  And it's going to be.  I guarantee it.  Now, you may not like to hear that.  That may frighten your bullish position but I have the right to my "speculations".  If you think its no big deal that the USG chose Homeland Security over the Dept. of Justice, then you really have no clue how things work in the US.  

So let me say this one last time for the cheap seats:  In my speculation, the value of Bitcoin is coming WAAAAAAYYYY down.  This is just the beginning.  You don't have to agree or like my view but don't call me disingenuous when I have been clear about my bearish stance.  

Additionally, this is a FREE MARKET.  Would you like to impose regulations on my opinions now because they might cause someone to sell?  Free markets are only free to those who want them to go their way?  Seems quite hypocritical.  The only thing disingenuous is your skewing of reality.  But that's your right.  I don't care what you think about me.  You don't know me.  I'm just some guy on a forum.  But the fact that I scare the hell out of you, means I must be doing something right.

Now let it go.  None of you scare me and I won't "tread lightly" because I'm not intimidated by peoples opinions.  Maybe you should search your own heart instead of trying to search mine.  And BTW-it's "suit" not "suite".  Can we get back on topic now or do you have last word syndrome too?

Please, don't come on here and try to justify your manipulation. Too many of us see through you and your kind. Be a wolf if that is what you are, but don't get all dressed up like a sheep.

I don't deny this may end bad, we all know we are in a big experiment, but don't jump over the crap you spew non stop and then try to justify civilized, all the while skipping over the FUD.

What is just the beginning? The price is going sideways and you keep talking this is just the beginning in so many threads. Do you not see your lies? We are in a volatile thing/market.

Free market. ehehehh, You are a great big liar and most of us see it. Hide behind your sheeps clothing my friend. It doesn't fool many of us. This is a thread about walls in the price and to a larger extent about the price and some TA. You are coming on and not taking a breather, just spewing more and more attacks. And then you pad them with "But I never hid the fact that I want the price to come down."  And as another poster said you speak opinions like they were facts. Manipulator.

I don't want to intimidate you. I want you to see that we see your lies. I wear my heart, I wish you could say the same. The scary thing is, if what you say is true, you believe your own lies.

2671  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 02:18:33 PM
And yet you try to convey this image of being a good person. You bring up your wife and how you talk about those crazies on the forum. Hello... you are sort of one of them in many of our eyes. And again, it is because of this in-genuine odor you give off. Many won't bring it up to you for you on probably on ignore. Anyway, I don't dislike you, I just don't have respect for you method of manipulation and manipulation in general. If you question what many of us see in you, just re-read the posts, I did, and it is clear what you are. A smile is only skin deep. Give it a rest and be what you are... that is genuine.

Remember, It's about sharing...

It's greed. They are so greedy, they will come on the forum spamming bullshit trying to sucker people into selling. He actually posted that he figured out Bitcoin was ILLEGAL to use in "most countries". *lol* Funny how he just had that realization after a crash, when he admits he's hoping the price drops, says he'll buy back in when it does. As soon as someone points out he's being ridiculous, he moves onto another negative talking point.

When people sell all their BTC, they come here and scream the sky is falling. When they buy BTC, it's Mister Bull in the house.

I call it like I see it, he's spreading FUD, plain and simple. He's that greedy, he wants the market to drop that badly, he'll sit here for hours making stuff up. And if you check his quotes I re-posted, he is making stuff up.

Yeah, I guess greed is a big part of it. We reap what we sow though. It is just amazing to see someone smiling all the while stabbing others in the back. I am sure they know this, if not that is a psychopath. And I'm not name calling, I'm name finding and placing.

I think he and others reading his posts just need to be reminded, that is where we come in.  Grin



2672  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 02:00:37 PM
Stop feeling the troll. Coinseeker is a retard. He's hoping the market goes down so he can buy back in. He's fourkey2001 2.0. Just click ignore, stop quoting him if you do reply, and move on. Pointing out he's wrong just makes he move onto some new FUD.

And here comes the name calling.  Ah...yes.  The height of supreme intelligence.  Roll Eyes  Not sure how wanting the price to drop makes me a bad person and certainly warrants being called names.  I guess you'd prefer there was a Bull section and a Bear section so you wouldn't have to read any posts contrary to your beliefs and opinions?  Segregationist?  

I get a real mixed message from you but the manipulative part is clear. It is the honest part that isn't so clear. You try to keep things professional with your words, sort of like a banker in a suite, but your message isn't exactly in line with your professionalism, sort of like a banker in a suite.  Shocked
For example, none of us had a full story regarding the DHS thing with Dwolla. Well, how can you come out and say things are heading down, this sounds real bad, etc? The most we can say is what the statement said, but you took that and created a whole story and gave every body an easy way out - sell.
You are showing your true agenda - you want the price of BTC down, whether or not it is for you to buy in lower we don't know. My guess is no, because being ingenuine in order to buy lower (by helping a panic sell to occur) is being ingenuine in the end. That is clearly not what BTC is about.

And yet you try to convey this image of being a good person. You bring up your wife and how you talk about those crazies on the forum. Hello... you are sort of one of them in many of our eyes. And again, it is because of this in-genuine odor you give off. Many won't bring it up to you for you on probably on ignore. Anyway, I don't dislike you, I just don't have respect for you method of manipulation and manipulation in general. If you question what many of us see in you, just re-read the posts, I did, and it is clear what you are. A smile is only skin deep. Give it a rest and be what you are... that is genuine.

Remember, It's about sharing...
2673  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 06:45:25 AM
So, there was just a small fire because DHS is trying to crack down on online gambling. First, I feel safer and second, look at all those who showed their true colors with this blip of news.

We are still in this sideways price channel on essentially, no news and some people online trying to create a sell off.

$115 and the same wall at $120.
2674  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 15, 2013, 06:34:42 AM
If anyone is interested, frozenlock and coinseeker have now used their BTC profits in a joint venture.
Others have obviously invested some funds as well:



2675  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 14, 2013, 10:36:56 PM
This is a STATEMENT from the US Government to Bitcoin.  My advice being a US citizen and knowing the reach of the USG...Sell NOW or forever hold your piece.  This is going to get worse as the news reaches mainstream media.  By then, it will be too late.  I'm taking my profit and I'll watch from the sidelines. I'll buy back when the dust settles.  Good luck to all.

Agreed, many still don't realize the implications of this seizure, it is a start of a slandering campaign to stop 'financing' of bitcoin. The fight started sooner than expected.

I am selling now..

Will buy after conference. I do not want to be in JAIL or accused of terrorism or illegal work!

You should probably just stay away then. You knew what BTC meant when you got in.
This is not an investment, it's a movement.
Use that conference money on setting up a nice IRA... Tongue
2676  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 14, 2013, 10:35:38 PM
This is a STATEMENT from the US Government to Bitcoin.  My advice being a US citizen and knowing the reach of the USG...Sell NOW or forever hold your piece.  This is going to get worse as the news reaches mainstream media.  By then, it will be too late.  I'm taking my profit and I'll watch from the sidelines. I'll buy back when the dust settles.  Good luck to all.

Agreed, many still don't realize the implications of this seizure, it is a start of a slandering campaign to stop 'financing' of bitcoin. The fight started sooner than expected.

It took over 4 years. I'd say longer than expected.

Come on China, EU, - DHS can't take you down.  Grin
2677  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 14, 2013, 10:23:24 PM

Hmmmmm. OkCupid, well that's bad. Looks like they served every US business that accepts BTC (through MtGox - which is most of them - Coinbase in the case of OKC)

Where does it say anything about other businesses outside of Dwolla?
2678  Economy / Service Discussion / Re: MtGox account in the USA has been seized by the DHS? on: May 14, 2013, 10:17:29 PM
DHS mostly takes down sports streaming websites (terrorist hangout).  Roll Eyes
2679  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 14, 2013, 09:52:03 PM
Funny to see how quickly that tough guy, libertarian talk goes out the window once the feds actually show up.  Thank God Ripple is on the way to save Bitcoin from ruin.  And just in time too.  Somehow I told ya so, just doesn't quite say it.

A centralized way of funding? Isn't that the very problem we are talking about though?
2680  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 14, 2013, 09:43:02 PM
We are here:



And you are clearly a Bear?  Cheesy
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