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2681  Economy / Speculation / Re: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1 on: January 12, 2014, 04:06:32 PM
Why would China invest in destroying Bitcoin, when they can (or have) banned it?

Millions of petahashes? LOL have you put that into perspective ?!?!

For one million petahashes you need 40000000000 25 GH/s BFL Miners.
For one million petahashes you need 4347000000 230 GH/s Rack Mount Bitcoin Miners from BFL which don't exist yet.
For one million petahashes you need 1667000000 600 GH/s Mining cards from BFL which don't exist yet.

Or in the range of 999810000000 videocards Smiley

LOL stop with the FUD!


@anyone: Correct me if my calculations are off.

Calculations don't matter when we can check the facts from the confirmed sources.  Just read the link I provided.  It's all there in plain Chinese.

I took back my post since someone said they we're attacking the network and not gaining >51% of the mining rate network.
Anyway millions of petahashes is rediculous.
2682  Economy / Speculation / Re: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1 on: January 12, 2014, 04:04:54 PM
Since US companies and wallstreet are investing in Bitcoin would a chinese attack on bitcoin protocol be an act of war against the US?
2683  Economy / Speculation / Re: No coins and needing to buy back in on: January 11, 2014, 11:16:09 PM
That's what you get when you SODL when you should have HODL.
2684  Economy / Speculation / Re: I AM HODLING on: January 11, 2014, 11:14:16 PM

Girls panties with HODL on it  Cry
Wilhelm, do you think I am morally stable enough to read those Posts?
greetings from Cologne
segeln

Yes. I will explain:

adamstgBit said: what will they think of next
I noted that the next thing could be girl panties with HODL on it.
My sad smiley attempted to tell people that when tearing of a womens pants in a sex driven frenzy and then finding HODL on her panties would be a sad thing.

It was not a reference to my sex-life. My sex-life is fine got me some <2hours ago  Cool

Any more questions?
2685  Economy / Speculation / Re: Its going down in a few hours on: January 11, 2014, 12:54:00 PM
I love it when people assume a pricedrop is coming and the opposite happens.

I love it when people CLAIM a price drop and the opposite happens!  Smiley

Just like honey badger .... bitcoin don't give a fuck Cheesy
2686  Alternate cryptocurrencies / Altcoin Discussion / Re: ** [DVC GIVEAWAY] 500 DVC Per Person - 1 000 000 To Giveaway ** on: January 11, 2014, 12:17:00 PM
Wilhelm
DVC: 16kSvnEeqJqJGvAaJvN3Ee7jLHo8hxU5uA
https://cryptsy.freshdesk.com/support/discussions/topics/63863/page/last#post-143832

P.S. See my profile footer Smiley

thank you very much!!
2687  Alternate cryptocurrencies / Altcoin Discussion / Re: free 5,000,000 doges to giveaway. many dogecoins. like such cute dog. on: January 11, 2014, 12:12:02 PM
DSfQAM9DG3XFCvDCjbtnc9v1imwkoWcgux

Cheesy
2688  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] New MEGACOIN [mec] GIVEAWAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! on: January 11, 2014, 12:11:00 PM
MHXPLmj6jWT9bwKcfWWEs4HJbk6KEBMHJ9

Thank you!!!
2689  Alternate cryptocurrencies / Altcoin Discussion / Re: [LottoCoin] Slogan Poll! Just Two Left. on: January 11, 2014, 12:08:04 PM
The winners choice .... because gaming for me isn't casino
2690  Alternate cryptocurrencies / Altcoin Discussion / Re: CoinyeCasino writes open letter to Kanye lawyers after C&D notice on: January 11, 2014, 02:39:28 AM
First of all I laughed my ass off, good read Smiley

Starting an online casino is not a parody on a parody so your argument is void. If you made a few pics or a funny program like Southpark that's a different ballgame.
You use images that depict a cartoonish version Kanye West in your casino and thus associating him with your practice. If you had a different logo that would make your case much stronger.
You are actively targeting gamblers and associating it to a parody of Kanye West and thus associating gambling with Kanye West.

Also you're fucking with lawyers who have way more money to burn. Southpark probably has a very good lawyer team too. You probably don't Wink

In my opinion you're cutting it very,very,very close. Let's us know what happens it's an interesting case.

P.S. I couldn't even name one song of Kanye West Cheesy
2691  Economy / Speculation / Re: I AM HODLING on: January 11, 2014, 01:39:28 AM
just arrived, PM if u want one, i ordered a few extras (the color is safety green)



Haha sorry that looks like something a disabled person in a wheelchair would wear.
lmao

a HODLING shirt

what will they think of next

Girls panties with HODL on it  Cry
2692  Economy / Speculation / Re: Manipulation dumps are so 2011 on: January 10, 2014, 07:29:55 PM
Maybe it's not a manipulation but a side effect.
Quite some hacks have been done on bitcoin companies. Maybe the hackers dumped the BTC for LTC or fiat. They didn't care about the market they just wanted to convert their hacked BTC.
The effect is a crappy timed sloppy trade with big volume.
2693  Economy / Speculation / Re: For the win. on: January 10, 2014, 07:16:57 PM
Game creators can build in a fee and grab a percentage of all stuff bought ingame and implement deposit and withdrawl fees.
I can see this happening .... even in game gambling can then be more "realistic".
Is this ethical ... good question Smiley
2694  Economy / Speculation / Re: What the near future looks like for BTC. on: January 10, 2014, 07:11:55 PM


1200 in March, just my prediction.

Very nice chart I can see this being quite right. It shows the negative and positive possibilities too.
It's not logarithmic so that would make it only work very short term.

What did you use as your origin point?
2695  Economy / Speculation / Re: What the near future looks like for BTC. on: January 10, 2014, 08:20:14 AM
Quote
it will be very hard for BTC/USD to go above 18.7$ before the end of 2013

Only a few dollars off but pretty accurate Tongue

Interpolating that interpretation, $18.7 to $1100 makes their current prediction $64.7k.
(it's like interpreting women Tongue)

$64.7k is a bit high but within the realm of possibility Cheesy
2696  Economy / Speculation / Re: Its going down in a few hours on: January 10, 2014, 08:16:19 AM
Don't you need volume for that to happen? I don't see any volume in the chart.

... another member talking his book .... Cheesy
2697  Economy / Speculation / Re: Consolidating Trend -- A Page From Arepo's Notes on: January 10, 2014, 08:13:34 AM

They find the following to be proof....  Roll Eyes

Quote
Back in late November, a Twitter user @thedatascape asked the company, “Do you have any plans to add Bitcoin as one of your payment methods?”

The reply was rather simple.

“It’s a possibility, #staytuned Smiley” the company tweeted. Now, that really doesn’t tell us much. But today, another user asked a similar question. This time around, the company tweeted, “Still waiting for an update, but will let you all know as soon as we receive word!”

We can only assume they are informing about accepting it. Either some management must approve the idea or some btc merchant service must prove they can handle the load.
Anyhow there is no real news...
2698  Economy / Speculation / Re: Best method of monitoring buy/sell orders on the leading exchanges? on: January 09, 2014, 11:24:40 PM
Use support and resistance levels from the past  Huh
2699  Economy / Speculation / Re: Overstock News, Branson News, Singapore News on: January 09, 2014, 11:22:59 PM
The market right now is in a state where it weak, low-volume, manipulated, and spring loaded for capitulation. It takes good news and good news just to keep the price afloat at this unnatural level but every time there is a negative news, the manipulation breaks.

The UNHODL effect Cheesy
2700  Economy / Speculation / Re: Consolidating Trend -- A Page From Arepo's Notes on: January 09, 2014, 11:19:57 PM
oda atleast your avatar has a unicorn in it to accentuate the fact that you're right Cheesy

But I agree with arepo that we do not know. The world is a chaotic system so a butterfly in Peru could have played a major part in the rally.

Many factors can influence the price but I stongly believe that no factor alone is responsible for a price movement.
 - A whale could have caused it by pumping or dumping.
 - News spreads and people react.
 - The way people react can have a cascading effect. (many quick big sell order makes people scared and start mirroring)
 - People that already wanted out or in.
 - Calculated traders trading in the trends
 - Trading bots reacting in the same frequency using the same parameters.
 - Hacker dumping coins they stole and buying other coins
 - etc.

We simply do not know.
The problem is that people feel the need to explain the world, but as long as you can't test it repeatedly in a lab you will never know if any of the factors have a real influence.
Even if we repeat test it, it is not certain. Many brilliant scientists have been proven wrong after more factors have been factored into the equation.

Note: Technical analysis is an empyrical tool. You do not exactly know what you are measuring. You only know that it has some correlation and you make more money than that you lose (hopefully).

But we all like trolling Cheesy
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