well people chill out, I think that we are spending too much time monitoring the progress when Bitcoin has proven continuous growth over time ..... I was watching this video and it moved a deep feeling http://www.youtube.com/watch?v=T3JzcCviNDk |
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No walls are holding price down atm. Buyers are just waiting and sellers holding. Indicators spiking up without significant price increases to show. Last time we dipped, we had this lull above ATH, now its below.
I am all cash now.
Someone buys 700+ coins @ Gox. Follow up: 0.0. I declare this market dead  Are you still bearish? I will move the way the market moves. Not much right now, I would say. you went all cash, you are afraid if the train will leave you behind this is why you have that feeling or hope that the price will crash and you still catch up, to be honest I wasn't sure as well so I cashed out %15 of my Bitcoins before the crash and now I am worry free, If there will be some correction after a new ATH I don't really mind it  |
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No walls are holding price down atm. Buyers are just waiting and sellers holding. Indicators spiking up without significant price increases to show. Last time we dipped, we had this lull above ATH, now its below.
I am all cash now.
3948 BTC to bring us to $1085, and only 1795 BTC to bring us to $1200, seems fair support to me  |
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where do you think he will sell that amount of Bitcoin, all exchanges are AML and KYC compliants even BTC-e is, when he deposit them to the exchange they will bust his ass
BTC-e compliant, lol believe it or not yes you cannot deposit or withdraw FIAT without providing an issued ID by your government and a prove of residence |
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where do you think he will sell that amount of Bitcoin, all exchanges are AML and KYC compliants even BTC-e is, when he deposit them to the exchange they will bust his ass |
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I have a feeling that this is the buy in before the big dump, you know to get people confident so they can put more orders that he cant eat up later
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529 BTC at 1100 were bought
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Actually, all your questions are answered in the white papers. You know ever since Ripple went opensource. So, you can make your own version, if you think it is easy money for developers  Cap of 100 billion XRP is hardcoded into the system (but there are only seven in circulation right now, I give you that), so ripple will have massive advantage over any fiat currency as far as gaining value. However, nobody ever said, that it will replace Bitcoin or gold as store of value. That would be bad idea as deflationary, precious metals are terrible means of exchange for consumer society such as ours. Like I said before, I see a point in the system as it adds actual value (you too, cause you choose solely ripple to attack, not all those bit-clones, unlike me you just chose position of fear). I also see added value in another altcoin, that isnt finished yet, so I wont mention it here. By the way, if you hadnt been lazy (all your criticism about deposits being complicated), you could have tens of thousands bitcoins back in 2010. You know, when there was no Bitstamp and coins were still cheap. Deposits/Withdrawals to Ripple will be even faster, when first banks start to function like gateways. Like they already do with paypal. No middle man, just bank account and your web based client. Your average Joes dream come true. Bitcoin+ Ripple+ One other alt to be finished soon...+ Feathercoin? Primecoin? In ten years from now, they will be vaporware. EDIT: Congrats, on being able to write 10+ papers on Bitcoin, I certainly couldnīt, as mere accountant, not programmer. you are mistaking by thinking I am afraid of this "ripple", I am not afraid about Bitcoin nor Litecoin loosing value or investors by these alts or Bridges as you like to call them, I am a believer of the open market and its effect. yet I remember earlier this year when ripple was released and they started the give out, it wasn't an open source currency, a company owns the project, and they give out a shit load of ripples but now they are selling it, I think you do understand what that means. so ripple is against all what we believe and actually Bitcoin have, and for me it is easier and it make more sense to use Paypal than ripple as a payment bridge....... and well I wasn't lazy as you stated, it took me a while to get the bitcoin concept as my friend was ignorant and didn't explained it good, simply because he didn't know what was the thing exactly was all he knew that he has to buy a graphic card and has to sing up in a pool and run phoenix and then he will sell the "power" which than he will get a "coin" that he can sell for money  it was like WTF and I ignored this for sometime until one day my curiosity made me search the subject my self, and when I found out about bitcoin I invested all I could at the time, it seemed too much at the time but if I knew that the price will go up like this I would even sell few things I didn't need at the time and buy more bitcoins. |
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90% of people mis-use the word "scam". You realize that scam means intent to deceive right? Is that what you decided about Ripple? It was made to steal money from people? Strange ... Assuming you just don't know the right words to convey thoughts with ... Ripple is very confusing, you're right. And its a higher risk investment than Bitcoin, for sure. You're right. If you are interested in buying some ripple, I just went through the whole process, banging my head against walls blindfolded basically ... so now I can help others: 1) Sign up on ripple 2) Sign up on SnapSwap.us 3) Decide on your dollar amount, and have SnapSwap generate an invoice to your email. 4) Print out invoice, drive to Wells Fargo bank, and deposit cash into their account (yes its legit). On the deposit slip type your username and invoice number (yes they'll see it) 5) Email support@snapswap.us and tell them you did the deposit and dollar amount and username. (just to be thorough). 6) Open up a "line of trust" on Ripple for SnapSwap, and the dollar amount of your deposit 7) In a few days your Ripple Wallet will have a balance 8 ) In Ripple go to "Convert", select "XRP" from the dropdown, and purchase your XRP. You'll get current market price this way. Alternately you can attempt to use the "Trade" system, which I was utterly unable to figure out. Boom you'll convert USD to XRP and you'll own XRP in an online wallet on Ripple.com Im probably going to make another thread with this info because its not an easy process. or you could simply buy them at bitstamp and you skip all complicated steps above, but what is the point of ripple any ways, I mean why ripple ? a centralized "coin" that a company owns that cant do a shit!! is it like a payment bridge ? no proof of work or anything, coins generated of thin air and sold to people for money. isn't that the real definition of ponzi scheme? the people on the top of the pyramid (owners of the company) get the most and people like you buy it and tell people about it so more people buy..... I mean what do you do with ripple can you please explain I don't really get the concept ? Because on exchange, that is integrated right into the client you will get far better rate, than on Bitstamp. Oh, by the way, you just defined Bitcoin right there. Since I started trading bitcoin I hear all the time about Satoshi being this evil mastermind, that hid half of coins for himself Well, today I trade both ripple and bitcoin, Am I not just asking to be ripped off by those geek scammers? a) Ripple is much faster, than any of bitcoin clones (isnīt speed one of arguments for litecoin?), my transactions got cleared in seconds. b) "Coins generated out of thin air" - then go back to fiat seriously, you can atleast touch it. c) I can actually buy more bitcoins in ripple client with no goddamn fees! Hell yes. d) Yes, Ripple is sort of payment bridge. Like Paypal, but with zero fees. Is Paypal ponzi too? e) Ripple exchange is actually decentralized. For the recod, I made actual money, using Ripple. I also made money using Bitcoin. a) faster? it would be so strange if you don't get instant payment as there is no mining involved which by the way means less security (no proof of work as you said you deposit USD and they credit your account this is what thin air means, coins already existed exactly like printing money. b) yes if I had a choice between ripple and touching my euros I would touch my euros because you still didn't answer what ripple is, I can tell you what Bitcoin is and write 10 pages to make it short, but can you just tell me, I mean really I want to understand the thing c) yes you bought them with no god damn fee, you just had to go through the hole process to get them (which doesn't make sense) and wow now you can buy Bitcoins, I usually deposit my fiat to bitstamp and get it the next day and buy bitcoins right away, it takes me 24 hours, you know usual stuff. e) decentralized exchange ? well that is interesting!! can you explain how or at least point me somewhere where I can read more about it Oh I made allot of money with Bitcoin and Litecoin, and BTW I did far more than double or triple.... |
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I am trying to convince my self that we will see the price only going up but I fail to back my thoughts with real facts, it looks like we are loosing support and bringing the price under $1000 wont be that hard  |
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90% of people mis-use the word "scam". You realize that scam means intent to deceive right? Is that what you decided about Ripple? It was made to steal money from people? Strange ... Assuming you just don't know the right words to convey thoughts with ... Ripple is very confusing, you're right. And its a higher risk investment than Bitcoin, for sure. You're right. If you are interested in buying some ripple, I just went through the whole process, banging my head against walls blindfolded basically ... so now I can help others: 1) Sign up on ripple 2) Sign up on SnapSwap.us 3) Decide on your dollar amount, and have SnapSwap generate an invoice to your email. 4) Print out invoice, drive to Wells Fargo bank, and deposit cash into their account (yes its legit). On the deposit slip type your username and invoice number (yes they'll see it) 5) Email support@snapswap.us and tell them you did the deposit and dollar amount and username. (just to be thorough). 6) Open up a "line of trust" on Ripple for SnapSwap, and the dollar amount of your deposit 7) In a few days your Ripple Wallet will have a balance 8 ) In Ripple go to "Convert", select "XRP" from the dropdown, and purchase your XRP. You'll get current market price this way. Alternately you can attempt to use the "Trade" system, which I was utterly unable to figure out. Boom you'll convert USD to XRP and you'll own XRP in an online wallet on Ripple.com Im probably going to make another thread with this info because its not an easy process. or you could simply buy them at bitstamp and you skip all complicated steps above, but what is the point of ripple any ways, I mean why ripple ? a centralized "coin" that a company owns that cant do a shit!! is it like a payment bridge ? no proof of work or anything, coins generated of thin air and sold to people for money. isn't that the real definition of ponzi scheme? the people on the top of the pyramid (owners of the company) get the most and people like you buy it and tell people about it so more people buy..... I mean what do you do with ripple can you please explain I don't really get the concept ? |
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yes Bitcoinity is not working, so if I am looking at the right data  |
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something strange is going on with gox, or bitcoinity is not working well  and bitcoinwisdom shows 
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it seems that we are up from here.... or not ?
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Bitcoin price expected to go down till 480$ and then go up to an all time high
expected ? based on what ? |
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the dump has already started, I think we may visit 800 or less today
edit: the buy support is amazing but I do not know how long that will hold
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few hours and US wakes up, what will happen then ? 800 ? hahahaha
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I am really curious about this crash/correction, will it settle at 900 or less ? lets all watch and see |
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Hitler: Jews shouldn't survive
communists: what is the point of Brands
Bitcoiners today: Litecoin shouldn't survive and have no value
you are a mix of the above things, Litecoin has value for the same reasons as Bitcoin, arguuing about the litecoin value can apply for bitcoin as well so who is bitching ? use some common sense...
Read my post above. I am not saying it should not exist, as I nor anyone else should have the power to decide what should exist. It's ironic that you urge me to use common sense after writing an incohorent sentence. Maybe if I bang my head enough times against a brick wall I might be able to understand it? maybe you should try that yes Edit: and I would like to know why bitcoin holds value ? So you admit I need to get dumber to understand what you write? Atleast you are a self aware idiot. Why BTC has value? We both know that, and so does most of this forum. I assume your point is that what gives BTC value also gives LTC value? If your logic was correct then a bitcoin-clone (just like litecoin), lets call it DinkyWinkyCoin has value for the same reasons as BTC. How about this, someone give me a coherent argument for why litecoin creates value which BTC doesn't. Anxiously awaiting your response mmitech. "Bro, litecoin is the silver to bitcoins gold man" incoming... ok I will play your game: I am an idiot, and I invested in bitcoin because "they said it is great", I dont know why bitcoin has value beside speculation so enlighten me and other users who doesn't know why |
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