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shit the weekend didnt even start yet
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we have a great Buy support @ mtgox
Walls don't exist until their bought into, Warslawjsdjxcd said so. when mtgox engine start lagging like there will be no tomorrow good luck to whoever owns that wall  |
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we have a great Buy support @ mtgox  |
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This ain't looking good for now lol.
I'm gonna hold on to the coins though. Guess no point in selling them now anyway.. It was 11% higher about an hour ago
never sell what is crashing and never buy when it is skyrocketing |
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it worries me that the weekend is just starting and BTC is already crashing, but I am still confident I see a good buy support all the way
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As I was planning to sell at $1009 I suppose bitstamp will refund me the difference if by any chance the price is lower when my coins are credited? really ? don't go full retard, you will panic sell now and later when price bounce back you will feel sorry, you know history repeat it self . |
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I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ? They take 2-3 days to respond to tickets. How did you contact them? I live in the city where they operate and I know an employee personally, so I asked him. just have some sense and be patient. Sure some sense and be patient. I don't know why I get nervous when I have $20000+ in bitcoins that disappear in Slovenia without any explanations. By the way your friend lied as it is still not working. he didn't lie, deposit is working, it is simply going to queue in their Data base, and when they fix the problem that caused this, they will release your funds and you can do wherever you want. now opening tickets about the same known problem that hundreds of users are still reporting wont make any difference, in fact you will just waste their time with complaining about the same thing that they are already working on. so yes be patient and everything will be cool. |
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I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ? They take 2-3 days to respond to tickets. How did you contact them? I live in the city where they operate and I know an employee personally, so I asked him. just have some sense and be patient. |
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I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ? |
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Discovering margin trading helped a lot too. I don't even really have to sell or think about when to sell my core position. I just wait for any kind of a sharp drop and then as soon as high volume support starts kicking in I buy a huge margin position using my btc as collateral. Then as soon as the immediate bounce is over I close the position, take the ~15% profit, and buy more bitcoins to add to my core position. I might not be getting the most profit on the margin position possible but it covers my ass both in event of an uptrend or a downtrend. It's kind of a compromise between buy and hold, since I'm never actually selling any 'real' bitcoins.
You need to earn 15% profit in a row for 40 times to get 25000%. That's really amazing.  How many flash crashes do we have since April? Are you saying you smell bullshit? is that what your saying?  It is quite commendable, considering that a 1990s long-term pro trader like me could only increase the size of total stash by about 3% in the April big crash and 0.6% in the last weekend dip, among others. sometimes I think that %90 of the members on the speculation sub-forum are trolling, I am looking now to charts of alts for the last 6 months period (since they are new users) and I am trying to figure out which alt could give that much income in the Alt/BTC ratio and I am failing. so I would like to know how this user turned a 7 BTC investment to 150 BTC and still claims a prediction of 300 BTC. otherwise I am thinking of it as a pure trolling. in my experience, buying and holding was the best strategy, I tried daily trading and ended up losing tens of BTC, the market is unpredictable and I was a real bad trader, I always waited to long or reacted too fast. so I did quit daily trading and it really paid off for me. |
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425 btc sell wall on bitstamp at 985
And bitsamp is blocking all bitcoins deposits as well. Very scammish if you ask me. really , how do you mean they block all bitcoin deposit ? I've sent bitcoins to my account hours ago, 20+ confirmations and not credited. The same for other people apparently. And the same for bitcoins withdrawals. In the meantime the price is going down slowly, I was planning to sell at 1009. wait I will talk to them now and see if they answer |
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425 btc sell wall on bitstamp at 985
And bitsamp is blocking all bitcoins deposits as well. Very scammish if you ask me. really , how do you mean they block all bitcoin deposit ? Edit: I am logged into my account and when I choose Bitcoin deposit I don't get any warning or what so ever!! |
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was mentioned before, turned out to be old news from june I've read this only today !! if this will work out, bitcoin will be available for the average consumer, people who doesn't know how to use an exchange will have the chance to invest as well. |
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I didn't read all pages (yet), but I think that you did a great job there, did you send this to the dev team ?
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I don't understand what you all propose for these problems? Yes, energy prices are rising, but that's not due to monetary policies so much as it is global demand and increases in federal and state taxation. You think a lot of families can't get into investing because they barely have enough money to make ends meet as it is, but what would happen if we switched to a 100% bitcoin economy? We'd have deflation, and nobody would want to spend any money aside from what they absolutely needed to survive. Companies would stop hiring workers and people would lose their jobs.
There's a whole lot of wrong with this post. Please spend some time learning about economics and come back. You're actually proposing that a deflationary economy... would create jobs?  OK, I've had my daily dose of comedy for the day. Thanks, guys. here you go http://rt.com/usa/fast-food-protest-usa-802/ everything is cool in USA. |
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OP mentions cigarettes and gasoline. Typical expenses for people who willingly refuse to be rich and throw their hard-earned money at the first thing that relieves them from the grind. A grind they insist on suffering through their irrational spending. What most people don't really understand is that capitalism is about exploiting you for 8 hours a day and taking your money from you the following 8 hours in exchange for a quick shot of comfort.
Inflation is evil because it takes purchasing power away from currency holders (and, in general, the poorer you are, the higher the percentage of your savings is based on currency),
The poor might want to invest a little, they could actually get rich! Seriously, the more I read about this topic, the more I wish for a world where everyone were taught financial education in their infancy. I hope I can contribute to that goal along my life. choosing Cigarette and gasoline as first examples were not a coincidence, I also did mention bread but you seemed ignorant about that, however if you were as educated and talented as you pretend you would know why I choose these 3 examples, I will explain more: Sin taxes are a common trick governments use (google it I don't want to go out of subject by writing 10 pages about how that works) Gasoline is also a merit that you should know about right! I admit my bad habit of smoking, but how the price of gasoline does fall into the same box of people like me who "refuses" to be rich? care to explain more ... |
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After reading your post i still can't understand what is the huge problem that most people don't understand. Inflation?
quick profit against the concept of bitcoin, and yes people do understand inflation but most of them doesn't take time and think about it, the story that I've wrote is to give a simple clear picture You shouldn't write stories in languages you don't master. thank you for the kind advice. |
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BTW, I don't make minimum wage, I am an IT engineer and I think my salary is fair, but do you think that inflation rate really reflect prices ? I don't know about US dollars but in 5 years time period €100 buy more less today than it did at the defined period.
I wasn't insinuating that you did work minimum wage, just that $7.25 an hour (US federal minimum wage) shouldn't be viewed as a benchmark for supporting a proper, independent lifestyle. It is intended more for students and other part-time workers whose living expenses are already supported by others. when you say " it's a worker's responsibility to develop their skills and the rest will follow" you mean now I have learn something else and work extra shift so I will have more money ? like slavery ?
It's a fact of life that people are only going to pay you for the value of the services you can provide them. If you need your car fixed, you need to pay a mechanic for his time and expertise. But you're probably not going to pay a guy to clean your windshield for you, right? Maybe $1 or something. So you need to develop your skills in order to advance in your career and earn more money. How you read into this as "slavery" is bizarre, unless you consider working for someone else for a fixed salary as slavery. Do you not get an annual raise at your IT job? Do you not invest any of your money? If so, what are you so upset about? first I will answer your question: How you read into this as "slavery" is bizarre, unless you consider working for someone else for a fixed salary as slavery. Do you not get an annual raise at your IT job? this is a very interesting question, it is called a minimum wage for a reason, there is the popular agreed on salary for a certain job, lets talk IT stuff, if I am a kick ass associate and I think I deserve X raise and my company is willing to pay less than that, I cant argue too much about it for a reason you know why ? the unemployment pecentage and I guess not only in EU but all around the world is really high, they would just tell me you don't like it, the doors are wide quit your job, and they will get someone unemployed who is in need and is willing to work for way less money than me, this is the minimum wage you are so proud of. and in fact they don't give a shit about my skills as long as the guy will be able to keep things running. Do you not invest any of your money? If so, what are you so upset about? I did, just with Bitcoin, all other stuff I looked at before seemed as "horse shit", what I am upset at ? wow I dont know from where to start, just look at the world around you, you are giving me the impression that you live in different galaxy. ok now I have a question for you, did you read satoshi white paper ? it is only few pages, go ahead read it come back read my OP and go back read the paper again and I will quote something from the OP to you to think about: I think most of investors look to the quick profit bitcoin can offers, which is really impressive but not all of you here see what is going on around the world, the infinity of money printing (inflation) is killing the economy. and believe me, smart politicians knows that there is an issue and they also know that there is no way to fix it with the existing system, and they also doesn't know what to do, so they keep doing the same thing to give the illusion of fixing it which is temporary and they keep repeating the same thing. now when you do what I suggested, I think we can discuss this matter in a better way. So in your world view, investing in anything other than bitcoin is horse shit. There are millions of people who have practiced disciplined investing for years and now have large portfolios to show for their effort, and many of them may have never even heard of bitcoin. You think investing in stocks and bonds is horse shit? If you're just going to easily dismiss sound investments so easily, I don't think you can be helped. I actually don't support minimum wage at all, I think it should be abolished so that employers can pay a fair market wages for the work needed. But you're the one who was citing it as an example of the "huge problem". If you're a "kick ass" engineer, but there are millions of other "kick ass" engineers available with the same skill set as you, then of course you're not going to make as much money anymore. Again, that's why you need to constantly learn and improve your skills so you can stay competitive in your career. An IT engineer should know this stuff. If an employer offers you less money than what you feel you're worth given all these conditions, then it's your job to leave and find someone who will pay you what you think you deserve. I don't see why this is so hard to grasp for some people. It's socialist thinking like this (ie. I deserve a high wage just because I'm here and I exist) that put the world into the financial crisis that it's in... not the controlled inflation that people here love to groan about. Governments going into massive debt to support the entitled lifestyles of worker who wanted to retire at age 50 with full benefits, etc. Controlled inflation of 2 or 3% annually is perfectly healthy and the sign of a growing economy, it's actually a great thing, not bad. What would be bad is if inflation was sudden and occurred at a very high rate, but that is not what we're discussing. I think you are here for the quick profit not for the concept of Bitcoin, but sure there is nothing wrong about it, just stop acting like you understand the whole thing and go do what I suggested before. |
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BTW, I don't make minimum wage, I am an IT engineer and I think my salary is fair, but do you think that inflation rate really reflect prices ? I don't know about US dollars but in 5 years time period €100 buy more less today than it did at the defined period.
I wasn't insinuating that you did work minimum wage, just that $7.25 an hour (US federal minimum wage) shouldn't be viewed as a benchmark for supporting a proper, independent lifestyle. It is intended more for students and other part-time workers whose living expenses are already supported by others. when you say " it's a worker's responsibility to develop their skills and the rest will follow" you mean now I have learn something else and work extra shift so I will have more money ? like slavery ?
It's a fact of life that people are only going to pay you for the value of the services you can provide them. If you need your car fixed, you need to pay a mechanic for his time and expertise. But you're probably not going to pay a guy to clean your windshield for you, right? Maybe $1 or something. So you need to develop your skills in order to advance in your career and earn more money. How you read into this as "slavery" is bizarre, unless you consider working for someone else for a fixed salary as slavery. Do you not get an annual raise at your IT job? Do you not invest any of your money? If so, what are you so upset about? first I will answer your question: How you read into this as "slavery" is bizarre, unless you consider working for someone else for a fixed salary as slavery. Do you not get an annual raise at your IT job? this is a very interesting question, it is called a minimum wage for a reason, there is the popular agreed on salary for a certain job, lets talk IT stuff, if I am a kick ass associate and I think I deserve X raise and my company is willing to pay less than that, I cant argue too much about it for a reason you know why ? the unemployment pecentage and I guess not only in EU but all around the world is really high, they would just tell me you don't like it, the doors are wide quit your job, and they will get someone unemployed who is in need and is willing to work for way less money than me, this is the minimum wage you are so proud of. and in fact they don't give a shit about my skills as long as the guy will be able to keep things running. Do you not invest any of your money? If so, what are you so upset about? I did, just with Bitcoin, all other stuff I looked at before seemed as "horse shit", what I am upset at ? wow I dont know from where to start, just look at the world around you, you are giving me the impression that you live in different galaxy. ok now I have a question for you, did you read satoshi white paper ? it is only few pages, go ahead read it come back read my OP and go back read the paper again and I will quote something from the OP to you to think about: I think most of investors look to the quick profit bitcoin can offers, which is really impressive but not all of you here see what is going on around the world, the infinity of money printing (inflation) is killing the economy. and believe me, smart politicians knows that there is an issue and they also know that there is no way to fix it with the existing system, and they also doesn't know what to do, so they keep doing the same thing to give the illusion of fixing it which is temporary and they keep repeating the same thing. now when you do what I suggested, I think we can discuss this matter in a better way. |
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