Why would you comment on the significance of the "Official Trailer" when there are links in this thread to the full movie?


Here is the Youtube link to the full version:


Why NOT watch the whole documentary and comment on that?

Adam,

Did you tell your wife:  "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls."  ?

There is always a lot of fiat on the exchanges, especially in recent weeks with such price fluctuations, there have been several weeks in order for a lot of big whales (bulls) to put fiat on the exchanges.  And, really, that information (regarding quantity of money on the exchanges) is NOT publicly available, and ONLY exchange insiders know such information (which also gives them an advantage in this trading game).  Surely, there are some people who also are more insiders than others in terms of getting some access to this kind of information.. b/c there are a lot of exchanges, and varying levels of access and varying degrees in which insiders are going to be sharing non-public information.

I do NOT claim to have any crystal ball because surely any large enough bullwhale could pump this thing at anytime, and probably (especially if big enough) could have done such upward pumping any time in the last 4 months..  Nonetheless, there has been reluctance and hesitancy to engage in such upward pumping. 

YES, I agree that there seems to be something different about the recent wall battles that have been going on (including what appears to be a considerable recent increase in trading volume), but I am NOT convinced that an upward pump beyond $400 is as imminent as you seem to be attempting to describe it.

Yes, I want the price to go up, too.... but...

NOT Monday... maybe Tuesday.. Monday is a USA bank holiday.... ... NOT Sure if that will make a difference though, but it may have some kind of an effect to push the up above $400 date to tuesday or thereafter.

Exactly!!!!!   

Bitchick, you gotta admit that Jorge got you in this post.   

You did assert something to the effect that there is a consensus among those who are of the belief that BTC will reach $5k that it will in fact reach $5k... he he he...    I know that you did NOT use those words exactly, but still, your statement was insufficiently qualified in order to make it more accurate... or at least a ballpark description of the sentiment of some BTC bulls.

tl; dr... If you are NOT careful, posters like Jorge will GET YOU... 

It seems that you are never really going to get away without making some kind of change, at least under the hood... Bitcoins are not real physical bits, anyhow, they are digital, so why does it matter if there is change?   

I can pay for a cup of coffee or an iphone or a motorcycle or a lambo or a yaht... there are so many different valuations, and NOT matter what there is going to be change.... or one person transmits BTC to another person and then the second person transmits back.  Even the technical-side explanations of the transmittals of bitcoin does NOT cause us to rest b/c bitcoin is anything but simple.    NONETHELESS, I believe that I get your point (and we seem to agree about making interface matters easier for the user).

For example, let's say you have 1 bitcoin in your bitcoin wallet, and you come over to my place because you want to buy my bicycle for .7 bitcoin.  I tell you that I am not taking anything less than .8btc, and in the end we agree upon .75btc.  Apparently, even the transmission of that .75BTC from you to me does NOT cause one straight forward transmission of the btc, but instead causes several transmissions, and I do NOT even know how to explain it (or whether I understand it, but so long as I get the .75BTC and you still have .25BTC in your wallet, then what does it matter?).  

I realize that the transmission of BTC and a lot of aspects of BTC are complicated beyond my ability to understand them.  Further, I am NOT sure whether as an end user I need to understand the technicalities as long as I am easily able to use the system to accomplish my objectives of storing and/or transmitting value and I can understand the value... and I believe part of the point to convert from the BTC to the XBT is to make the whole value concept more concrete for the masses, even though making a change to the unit does not really change anything about the fundamental technicalities of either system.

 Anyhow, my point is that it seems inevitable that some change is going to need to be made in the process of making BTC transactions (at least under the hood).. even though maybe NOT at the user consciousness level.. and the place of the decimal would NOT really change the fundamentals.

Wow, What?  I thought that you were ignoring me? 

Yeah Chartbuddy is, Richy_T's little baby.   

https://bitcointalk.org/index.php?action=profile;u=67210

Hi new in here:

How much money you have?  Are you invested in other assets?  what's your timeline, goals and risk profile?

Seems a bit strange that you have already managed to acquire 30BTC, but you seem to have little clue about whether to buy more and accordingly be able to assess your own view of probabilities regarding BTC's future price performance?

ARe you trolling us, new in here?

Yesterday I downloaded from the pirate bay torrent, and the quality from the torrent was good.

Here’s my quickie layman’s review:  The documentary presents a good overview of bitcoin history... but surely seems to emphasize that bitcoin remains far from being out of the woods in its development and its path forward.. including various depictions of the sad aspects of various bitcoin business failings, such as Gox, Trading Hill and BitInstant. 

The protagonist, Dan Mross, seemed as if he was in real positive spirits in the beginning of the filming which started in mid-2012; however, as time passed, the movie seemed to show several periods in which his enthusiasm waned and turned somewhat downward towards the end (which seemed to be mostly in 2013 with a few clips in early 2014).  Part of the negative consequences with D. Mross was that he seemed to be losing good money on various BTC mining set-ups, and even referring to the fact that in mid-2012, he had sent 2,700 BTC to Aisics in order to buy some mining equipment (that was while BTC prices were well below $20).  In fact, the film did NOT really follow up with specific discussions of those difficulties which seemed to cause a bit stressed D. Mross to get involved with mining and then have various set backs and it seems that he even came to the realization that it may have been better just to buy coins and sit on them rather than to spend so much time and energy attempting to mine.  That issue was NOT really fleshed out.   

Also, there seemed to be some lingering depression, especially through the end of the film, regarding the failures of some businesses and the real tangible impacts on real living people.

I liked that the editors of the film juxtaposed scenes within, yet they largely kept the presentation in chronological order.   At the same time, it felt to me as if the title of the documentary was NOT quite correct because even though there was good news contained throughout the documentary, the end (and even the current state of bitcoin) does NOT seem like a "rise and rise" - in spite of Bitcoin prices still remaining more than 3x last year's prices.

With various BTC business failings and some questions regarding the role of governmental regulations, there seemed to have been some negative emphases and even unresolved dilemmas that were left open in the end of the film. 

I believe that the producers and editors could have improved upon the ending of the documentary by balancing some of the negative BTC developments and putting together a few of the positive BTC stories that are quite wide-spread in the current bitcoin space, including pointing out some of the great ongoing developments such as providing statistics concerning adoption, merchants, exchanges, liquidation opportunities, etc.

Overall the film was put together very well with several stimulating visuals  and fairly important and relevant discussions and in-person interviews with people who have been serving as movers and shakers in the bitcoin space.  Funny that the movie captures in time and without always knowing for sure about the actual intentions of the involved persons but realizing that these were real people with real human difficulties to survive in the BTC space, including trying to fit their real eating and sleeping needs into their BTC focused schedules.

There may be a lull in the trading; however, it seems to be premature to write-off the weekend... I am NOT so positive that the battle is over, yet even though there may be signs of a temporry truce.....

NONETHELESS,  I am expecting that there could be some battle action over the weekend.... watching patiently... though maybe this weekend could turn out to be boring? 

So you want us to work from satoshis.  Personally, I believe that you are the exception, and most people are good with two decimal places b/c we are used to it, and we can easily identify two digits behind the decimal without developing a major brain fart.

Yeah, then what will happen to this thread? 

That's what's great about Mr. Piggles, he's got a good 3/4 or more of this shit figured out.... especially when it comes to the role of Mrs. Piggles...  

Yes... something like below, but maybe changing the prediction date to Tuesday, since Monday is a USA bank holiday.

Earlier in this thread, linked below, Hdbuck sent out a link concerning the documentary:  The Rise and Rise of Bitcoin.  There were some early showings of this documentary a week ago, and then some additional releases of the documentary coming out this week.

Here is a link that you can download through a torrent client. 
http://thepiratebay.se/torrent/11183060/...tcoin_-_HD

My quickie personal review of the documentary:

Overall the documentary presents a good overview of bitcoin history... but surely seems to emphasize that bitcoin remains far from being out of the woods in its development and its path forward.. including various depictions of the sad aspects of various bitcion business failings, such as Gox, Trading Hill and BitInstant. 

The guy that was narrating within the documentary seemed as if he was in real positive spirits in the beginning of the filming of the movie which started in mid-2012; however, as time passed, the movie seemed to show several periods in which his enthusiasm waned and turned somewhat downward towards the end (which seemed to be late 2013 and early 2014).  Part of the negative consequences with the narrator was that he seemed to be losing good money on various BTC mining set-ups, and even referring to the fact that in mid-2012, he had sent 2,700 BTC to Aisics in order to buy some mining equipment (that was while BTC prices were well below $20.  In fact, the film did NOT really discuss those difficulties which seemed to cause a bit stressed on the narrator to get involved with mining and then have set backs and maybe even coming to the realization that it may have been better just to buy coins and sit on them rather than to spend so much energy mining.   Also, there seemed to be some depression regarding the failure of some businesses and the real tangible impacts on real people.

I liked that the editors of the film juxtaposed scenes within, yet they largely kept the presentation in chronological order.   At the same time, it felt to me as if the title of the documentary was NOT quite correct because even though there was good news contained throughout the documentary,  the end (and even the current state of bitcoin) does NOT seem like a "rise and rise of bitcoin" - in spite of Bitcoin prices still remaining more than 3x last year's prices..  With various BTC business failings and some questions regarding the role of governmental regulations, there seemed to have been some negative emphases and even unresolved dilemmas in the end of the film. 

I believe that the producers and editors could have improved the ending of the documentary by balancing some of the negative BTC developments and putting together a few of the positive BTC stories including pointing out some of the great ongoing developments in the bitcoin space (such as providing statistics concerning adoption, merchants, exchanges, liquidation opportunities, etc).

Overall the whole film was put together very well with several stimulating visuals  and fairly important and relevant discussions and in-person interviews with people who have been trying to be movers and shakers (and without always knowing for sure about the actual intentions of the actors but realizing that they were real people with real human difficulties to survive in the BTC space, including trying to fit into their schedules being able to eat and sleep).

Well, if you put it like that, then o.k... and if you were there, then you should have a better idea than me.. and plus it's on u tube, like you mentioned, so I mean, they wouldn't get those kinds of basic details wrong.. I mean I could hear the speech pretty well when I played it.

Link or it didn't happen.... 

Yes, I had already read through the earlier posts of this thread, but I was attempting to respond to the contents of mmortal03's above post... b/c it seems to me that when he referred to a "rounding error" (as bolded above) he seems to have gotten the calculations wrong and even the concept wrong - b/c moving to a smaller bitcoin unit should lessen, rather than increase, the severity of any rounding error that might exist.