This guy is nothing, in the last day I've bought 300K BTC, which is more volume than all of the exchanges combined. I also have big bags of money right here with dollar signs on to buy up everything else.  |
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it would make you badass thats for damn sure.
lol, in retrospect, yeah, it would  |
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People usually judge if taking the risk was smart or not with the result.
And in so doing perpetrate a common error. What makes a decision smart is based on the information available at the point it was made. If I bet my left kidney on the flip of a coin, I am not dumb if it lands heads but a genius if it lands tails - no, I am dumb right from the very beginning. |
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He took a chance, if it turned up he would be a genius. I saw at least two references to greatness before this. Why does taking a risk and winning make you great? If I jumped into a lion pit and killed a lion, would that make me great or a genius? |
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How comforting is that to you ?  Yeah, the Bitstamp order book looks horrible. You'd think more people would want to catch a btc-e style flash crash, but obviously not. |
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I guess P.T. Barnum was right
He he. To be fair, a profit can probably be turned at this price point due to the all-too-inevitable panic buying that will ensue from said class of people, although a better entry point is likely. |
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Show me a guy like Finney who chose to live in the face of overwhelming disability, and that to me is real courage, and worthy of admiration. Some guy spending money handed to him, on a one-way, unhedged bet on a single security - that doesn't impress me, no matter what the actual outcome.
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Song won't make your dumb choice any smarter. You just lost money like a total fool. And it will only get worse.
Oh quit being an asshole. You dont know the future any better than he does. If he loses, that's unfortunate - but we have yet to see that. Want to come back in 6 months if the price is still not above $450 and insult him? Go ahead. But right now? No. I know the future, because I know the right people. I told you what will happen, exactly that happened. Today. You can check my post history and how it correlated to price drop. I know when whales are selling. I'm insulting him, because he is a stubborn moron refusing to listen. Oh well, it's his money lost, not mine. I had a glance at your post history. I am now naked in a corner, shaking and smearing my own excrement on myself.  |
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Some people say "the blockchain is understructible", Just before setting the kitchen alight from cooking pork chop sandwiches! |
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Always ready to take responsibility for my positions and CUT MY LOOSE when I'm wrong.
I cut my loose once, stung like a bitch. |
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Wow. Well, that was fun. And now all these people bidding it up to 8+ like it's going to the moon.  |
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ya but some days there is alot more volume then the total bids!
Especially if you're OKCoin. |
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I like how people are convincing each other that increasing supply by 30K BTC is a dream come true...
Man, if only we could increase supply by 300K, then the price would really start roaring upwards!
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The more that people believe in the inviolability of these long term trends, the greater the destruction that will be wrought when they fail. People will be consternated, searching hopelessly for direction from a compass absent its magnetism.
no one claimed they are inviolable, that doesn't make them invalid though. It's speculation for a reason, stop chanting "past results are no guarantee for future gains"we all know that, but this is the speculation section, if you don't like speculation don't go here. The only way you can make an educated guess for what the future might bring is looking at the past. Otherwise you're just pulling up numbers out of your ass. Speculation is never scientific and no one claims it is. Oh, I do like speculation, but even better is to observe the speculator. On this fragile line where they hang so many of their beliefs, I see an advantage, albeit not the advantage that you see or want to see. |
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The more that people believe in the inviolability of these long term trends, the greater the destruction that will be wrought when they fail. People will be consternated, searching hopelessly for direction from a compass absent its magnetism.
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Bitstampīs small orderbook will be wrecked in the next hours. I canīt see us going down slowly anymore. After 380$ is done the floodgates will be opened and we will probably see some real huge red candles. I think we might get near the real bottom in the next 2-3 days, wherever that is. 70-80$ eventually will hold!  My guess is a bottom higher than this. My eye has been on $200 since the bubble, if only as a psychological barrier and one where sufficient 'compaction' would occur. A break below the Silk Road bust of $85 would seem to nullify the entire rise and presage lower lows. I'd imagine obituaries being written. |
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The price was never really $1200 because it only existed on MtGox. At the time, the price was around $1000 everywhere else. I think the only people buying at those inflated prices on MtGox were people desperate to get their funds off the exchange since fiat was restricted.
It went to the equivalent of $1245 USD in China (CNY/USD as of 30-NOV-13 being ~0.164). |
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I think that if it helps people know more it is good journalism.
I also think school is good if it helps people know more. That's why I irradiated the classroom assistants with Pu to demonstrate radiation poisoning, and shot some of the lesser students out of a cannon to demonstrate F=ma. It helps the kids learn, so this is good teaching. |
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It is not Karpeles fault that a criminal is trying to sell your data. The perpetrators of crime are the criminals, and in this case MtGox & its customers are the victims. In fact, if someone hadn't been defrauding them via the malleability exploit, we wouldn't be in this situation.
So, how about we start actually blaming this fiasco on the perpetrators rather than the victims.
Don't tell us you believe that smokescreen on malleability? His testimony makes no sense. |
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Man, how do you accidentally lose three-quarter million bitcoins and not notice. It's like sleeping through Hiroshima and not noticing anything different when you wake up.
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