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2881  Economy / Economics / Re: Slippery Slope's Million Dollar Logistic Model on: December 21, 2013, 11:46:55 PM
What do you guys think would happen to altcoins in such a scenario?

I'm curious, because I'm all in on StableCoin  Tongue

Altcoins are vessels to mine and dump.
Probably there will always be altcoins since people like trading.
I do believe many will go out of existence and new ones will be created.

Only a few altcoins will remain like Litecoin, probably the ones with good devs, marketing and adoption by consumer services.

I myself have Emerald, Spots and Hobonickels waiting to be sold in the future Cheesy

My BTC0.02
2882  Alternate cryptocurrencies / Altcoin Discussion / Re: I have 93 computers (i7 4gb RAM, no GPU) to start mining... Please help... on: December 21, 2013, 11:09:52 PM
Proceed with caution...  People have been fired for running BOINC / Seti@Home on work computers. 

http://news.cnet.com/8301-10784_3-5406158-7.html
http://www.geek.com/news/setihome-god-fired-for-costing-school-district-1-6-million-1004362/

In those cases, the people weren't profiting - I suspect the consequences could be even higher if you are putting software on them to make $$$.

There are other examples - those are just the first two I found.  And yes, they were not very smart about it.  At very least, make sure the powers that be know what you are up to - it's nice to have extra coinage, but probably not worth risking a career over.

+1

I have a shitload of high-end enterprise hardware under my control but I'm not going to risk my job running them as CPU miners.
YOU WILL GET FIRED!! The powerconsumption of your systems will skyrocket and they will find out.
2883  Economy / Speculation / Re: Poll: Price Predictions 31.12.2014 on: December 21, 2013, 11:03:34 PM
I thought 31-12-2013  LOLz.... in end 2014 we should atleast hit the $2400 Smiley
2884  Economy / Speculation / Re: GET READY FOR THE LAUNCH! on: December 21, 2013, 09:46:47 PM
$10,000? I'm rooting for $100,000 or $1 million

$10000 was a low estimate :-). Ofcourse I hope for $1M but realistically I think $100k would be doable in 5-10 years.
2885  Economy / Speculation / Re: GET READY FOR THE LAUNCH! on: December 21, 2013, 08:52:22 PM
Yes we are just getting started I'm in for at least 3 years of HODLing and I believe we will go to $10000 too bad we're in the shitter atm due to China Smiley
2886  Alternate cryptocurrencies / Altcoin Discussion / Re: [Merry Christmas ONE MILLION COL GIVEAWAY] Receive 500 COL for free on: December 21, 2013, 07:55:43 PM
w6YE94ePPdwhTT2BbtYBwo6fFJVaPJ6N2
 Kiss
2887  Economy / Speculation / Re: New paradigm - the bubble that never pop? on: December 21, 2013, 12:04:08 PM
Mucus, we are all still early adopters. There are 7,000,000,000 people ... and if only 1% of them will use it then bitcoin price will go 100 times higher.

Here is the thing, we aren't adopters at all, just speculators. The people who actually use Bitcoins for something else are just a handful of people.
Next, the gini coefficient of Bitcoin is higher than in any country, and it shows no sign of coming down. To the contrary, it went up even further. Oh and countries with a high gini coefficient usually have a bad economy or high corruption. (Third world countries.)




Lucky for me my country fades away in the background. And America is a third world country Smiley
2888  Economy / Speculation / Re: You guys should be lickin your chops right now on: December 21, 2013, 11:59:41 AM
True people are too negative probably because they missed the cheap coins because they we're hoping on $20 coins....

Yes we can change it just start shouting (without any intelligence) in trollboxes and on forums

1. BU BUY BUY !!!!! NEW INVESTORS COMING PRICE WILL SHOOT UP!!!
2. POSITIVE TREND ... TO DA MOOOOOOOOOOON!!!!!!!!!!!!
3. SELL ME YOUR CHEAP COINZ I WANT MORE!!!!!!!!!!!!!!!!!!!!
4. CORRECTION HAS COMPLETED WERE GOING UP!!!!!!!!!!!!!!!!!!!!!
5. Show "The chart" and say that it was the first sell off

Smiley
2889  Economy / Speculation / Re: How high can bitcoin go without improving TPS? on: December 21, 2013, 11:54:14 AM
Did you get the memo on TPS?

2890  Economy / Speculation / Re: Task for bears on: December 21, 2013, 11:52:17 AM
I remember back in the April '13 crash that in the aftermath, there was a great post from somebody who had a lot of coin but didn't sell at $150. The post was very philosophical and talked about forgetting about the lost opportunity and getting on with life. Those who read it will definitely remember it.

Question: has any of you got a link to that post? That will out the strong hands yip yip

the problem is that I wasn't strong. I sold at 50s or so because of fear. And then it went back up so I rebought at 100s or so.

I lost because I was a weak hand. Should I have been strong, nothing would have affected me.

Learn to HODL it only costs you a bottle of cheap whiskey Smiley
2891  Economy / Speculation / Re: 666.666 on: December 21, 2013, 11:50:55 AM
Hope we hit 999.999 soon Cheesy
2892  Alternate cryptocurrencies / Altcoin Discussion / Re: BETACOIN [GIVEAWAY] on: December 20, 2013, 09:27:26 PM
BBHidBmh7n9c98cZZyobMCmbmWV1u7dT68

 Kiss
2893  Economy / Speculation / Re: HOW MUCH will Bitcoin go down ? on: December 20, 2013, 09:18:32 PM
BITCOIN IS GOING FOR A PLUMMET AGAIN HODL OR SODL!!!!

(we want cheap coinz!!!! Cheesy)
2894  Economy / Speculation / Re: GET READY FOR THE LAUNCH! on: December 20, 2013, 09:06:43 PM
We have already been forewarned about this.   Grin

http://www.entrepreneur.com/article/230346

Things might be slow for the next week or two but 2014 will be crazy!!!

He added, "Once Wall Street starts putting money into Bitcoin -- we're talking about hundreds of millions, billions of dollars moving in -- it's going to have a pretty dramatic effect on the price."

 Shocked Shocked Shocked Me like Shocked Shocked Shocked
2895  Economy / Speculation / GET READY FOR THE LAUNCH! on: December 20, 2013, 05:58:52 PM
Due to the negativity on the board I will predict the opposite and that we will do full blown launch in the oncoming month or two.

Welcome aboard. Buy some BTC and HODL them tight we're going TO DA MOON!

P.S. Like most speculators on Bitcoin
2896  Economy / Scam Accusations / Re: WARNING Cryptsy exchange is a Scam site on: December 20, 2013, 05:49:23 PM
i see people call cryptsy is scammer also btc-e and ofc mt.gox too
some of say if they dont refund me i may be a homeless

u people really scare me i never use my own wallets  Roll Eyes

LOL if you put all your money in bitcoin YOLO style you'll die poor and homeless since you lack basic financial skills.

I've been on Cryptsy and yes they are buggy but all my tickets have been resolved.
Sometimes you go negative because you've sold your coins twice and they correct it during audits.

BTC-e on the othehand stole 2BTC from my coworker. No withdrawl mail, no nothing and his money got traded to LTC and transferred to an account with 50000 LTC. Since he had multiple passwords (different for mail and BTC-e it is unlikely that a hacker had both passwords).

Anyhow the basic rule applies. Only put money into an exchange that you are willing to lose (incl. stolen). I put >80% of my coins in cold storage aka paperwallet.
2897  Economy / Speculation / Re: About to pop! on: December 20, 2013, 05:08:22 PM
It's time to HODL....
2898  Economy / Speculation / Re: New bull trap has been set... on: December 19, 2013, 03:40:21 PM
Just watch as all the bulls will get slaughtered once again...  I don't even need to explain why...

U MAD?
2899  Economy / Speculation / Re: I AM HODLING on: December 19, 2013, 03:39:46 PM
What with the tpyo?

Dotn knwo?


EVRY DAY IM HODLING....
2900  Economy / Speculation / Re: Why didn't you sell? on: December 19, 2013, 03:25:43 PM
I didn't sell because I'm hodling.

+1
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