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3121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2014, 05:37:18 PM
all i know is its absolutely vital i make this Tshirt b4 SEPTEMBER 12 TO 14, 2014 for comiccon



Have you not been paying attention to the news? World is going to end on September 11th, confirmed.

Somebody call 911
3122  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2014, 04:00:56 PM


Here you guys go.  This is my "quick version".



Thank you, it's almost perfect, but I disagree with Adam on this, I think the B symbol should not be grey, it should be white, same colour as the rest of the text.

Thank you again tho, It's still awesome, I just think it could be better.

edit; OMG!  I agree with Stolfi!

Bullish ?
Bearish?

You decide.
 Grin

For anyone that cares, it should also be done as a vector, not a bitmap or it will look awful at poster sizes.

As it is, the Bitcoin symbol is not anti-aliased and the grey one had a halo.

The symbol is not centered either.

ya i was thinking the same thing, you can already see the fuzziness  Undecided

graphic artist in the house?

i'll start a thread later...

adobe illustrator is the key , vector that shit up, I could do it, but I feel like I have been run over by a fricken train today , and not a BTC one , an alcohol filled one.
3123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2014, 03:57:45 PM
GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.



They expect to have $200MM within a year of launch if IIRC.  I also read they've secured a deal with a large mining farm for purchasing, however I havd been unable to verify those claims.  

TL;DR: don't get your hopes up.

Thought they said up to $200MM in six months, and that is to start off?
3124  Bitcoin / Bitcoin Discussion / Re: Bitcoin and me (Hal Finney) on: August 30, 2014, 03:02:00 AM
All of my respect
3125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2014, 04:16:13 AM
s' ganna be a carnival

http://www.coindesk.com/70000-caribbean-island-residents-receive-bitcoin-2015/

Let the bit drop


http://www.letthebitdrop.com/


I could do with another holiday
3126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 10:14:37 PM
"LTC has very strong fundamentals"..
yeah, it was born as an ASIC resistant coin...
good point...
hmm....  nevermind.

it did resist for its survival, and it did exactly what it was designed for, now it has a damn strong network, thanks to ASICs Smiley

Ether actually offers more then a lame copy of bitcoin tho.

LTC holds value because it was the second shit coin, and goat pumped the shit out of it.

Ether will hold value because it will back future decentralized applications

don't you mean the first shit coin ?
3127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 08:59:00 PM
20 pages about government and taxes... You people need a hobby.

I hear Bitcoin is quite interesting

Did you know governments hate it because they can't figure out how to tax it?


I had heard... well they will simply take it by force because that is the way it........ no wait...

ermm how about knitting? or woodwork

3128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 08:46:46 PM
20 pages about government and taxes... You people need a hobby.

I hear Bitcoin is quite interesting
3129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 07:17:39 PM
Don't let them fool ya,
Or even try to school ya! Oh, no!

We've got a mind of our own,
So go to hell if what you're thinking is not right!
Love would never leave us alone,
I am the darkness there must come out the light.

(The road of life is rocky and you may stumble too,
So while you point your fingers someone else is judging you)
Love your brotherman!

Don't let them change ya, oh! -
Or even rearrange ya! Oh, no!
We've got a life to live.

They say: only - only -
Only the fittest of the fittest shall survive -
Stay alive! Eh!

Could you be love and be loved?
Could you be love, wo now! - and be loved?

(You ain't gonna miss your water until your well runs dry;
No matter how you treat him, the man will never be satisfied.)
Say something!

 Smiley

Passin out some good vibes...

ONE LOVE


http://youtu.be/I4D_5yxlSBc


(I recommend reading Proudhon and listening to Marley at the same time for a gentle soothing balm for the mind)
3130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 06:07:47 PM
"I am, as you are well aware, citizens, the man who wrote these words: Property is theft! I do not come to retract them, heaven forbid! I persist in regarding this provocative definition as the greatest truth of the century. I have no desire to insult your convictions either: all that I ask, is to say to you how I — partisan of the family and the household, and adversary of communism that I am — understand that the negation of property is necessary for the abolition of misery, for the emancipation of the proletariat. It is by its fruits that one must judge a doctrine: judge then my theory by my practice. When I say, Property is theft! I do not propose a principle; I do nothing but express one conclusion. You will understand the enormous difference presently. However, if the definition of property which I state is only the conclusion, or rather the general formula of the economic system, what is the principle of that system, what is its practice, and what are its forms?

My principle, which will appear astonishing to you, citizens, my principle is yours; it is property itself. I have no other symbol, no other principle than those of the Declaration of the Rights of Man and of the Citizen: Liberty, equality, security, property . Like the Declaration of Rights, I define liberty as the right to do anything that does not harm others . Again, like the Declaration of Rights, I define property, provisionally, as the right to dispose freely of one's income, the fruits of one's labor and industry. Here is the entirety of my system: liberty of conscience, liberty of the press, liberty of labor, free trade, liberty in education, free competition, free disposition of the fruits of labor and industry, liberty ad infinitum, absolute liberty, liberty for all and always. "


(Should need no introduction)

(This is confirmed  Cheesy Cheesy Cheesy  Wink lol )
3131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 02:57:31 PM
pump pupmp pupump pump it up! pumpumu ppumpm pupm it up!



http://youtu.be/9EcjWd-O4jI

Get your bootie on the floor
3132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 02:44:42 AM
all i can say is, thank god im not Jorge

I hope you all are aware that bitcoin news sites like Coindesk are not supported by traders or individual bitcoiners, but by enterprises such as SMBIT, GABI, Bitpay, Bitstamp, etc..  Ditto for "advertorials" in newspapers.

Have you ever seen those media print anything negative bout those enterprises?  (They even defended Danny Brewster after he ran away...)  You cannot take what they print as the Gospel.  They will only print the pros; for the cons, you are on your own.

Are the government of the Isle of Man in on it too do ya think Jorge? (GABI I mean)

answers on a postcard =

Isle of Man
Financial Supervision Commission
Contact Details
FSC
Address:    
PO Box 58
Finch Hill House
Bucks Road
Douglas
Post Code:    IM99 1DT


You mean Jersey perhaps?  They want businesses on their island.  As long as it is not an outright scam, they won't care much about whether the fund is a good investment or not.  Especially if the customers are expected to come from Continental Europe, Middle East, ...

And why did GABI register there, rather than in the UK?

Oh shit yes I do, ha ha . oh dear the shame  Tongue it is getting late...  (and I have Isle of Man (and their gov) on the brain atm for various reasons) though I used to work for a rather large organisation based in Jersey, I really should not be getting the two of them mixed up at all ha)

and... I am not gonna dig out the addresses for the jersey gov now.. think I should go to sleep Cheesy Cheesy the point is... regulation
(though Jorge- if you write them a letter , I will print it out and pop it in the post for you, and see what reply they give ; ) )

and they registered there because the island has a good history of moving quickly with regulation (goes for either of the two islands for that matter)
3133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 02:32:24 AM
all i can say is, thank god im not Jorge

I hope you all are aware that bitcoin news sites like Coindesk are not supported by traders or individual bitcoiners, but by enterprises such as SMBIT, GABI, Bitpay, Bitstamp, etc..  Ditto for "advertorials" in newspapers.

Have you ever seen those media print anything negative bout those enterprises?  (They even defended Danny Brewster after he ran away...)  You cannot take what they print as the Gospel.  They will only print the pros; for the cons, you are on your own.

Are the government of the Isle of Man in on it too do ya think Jorge? (GABI I mean)

answers on a postcard =

Isle of Man Government
Mount Havelock
Isle of Man
IM1 2QF



Isle of Man
Financial Supervision Commission
Contact Details
FSC
Address:    
PO Box 58
Finch Hill House
Bucks Road
Douglas
Post Code:    IM99 1DT

Also

Economic Development
Head Office
1st Floor
St George’s Court
Upper Church Street
Douglas
Isle of Man
IM1 1EX
3134  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 01:54:18 AM
I shouldn't have shorted LTC.  Undecided Any opinions?

what level did you short from? are you leveraged, and are we talking a substantial amount of wonga?
3135  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 01:42:50 AM
Everybody is expecting a bubble and a lot of people are waiting to sell at 680-700 and up to 1000, only to get the fuck out of bitcoin. I really dont see a bubble coming like last year.

any sources? is this ....confirmed?

Nope, just my thoughts. I bought @780 and @680 and since then I am waiting that this sht goes back up to that level (not that I want to sell). And I am not the only one.

No not the only one... but not everyone necessarily thinks like you/or the same thing as you...  I would reckon, using the same method as your good self, that more people than your lot of people have other (higher) figures and selling points in mind..
3136  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 01:32:41 AM
Everybody is expecting a bubble and a lot of people are waiting to sell at 680-700 and up to 1000, only to get the fuck out of bitcoin. I really dont see a bubble coming like last year.

any sources? is this ....confirmed?
3137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 01:22:45 AM

Thanks for that link. Quoting from that second article:

Quote
“Imagine being able to walk into a car dealership, scan your phone over the price tag of the vehicle you want, and, in an instant, you’ve paid, [ ... ]
... and then you discover that your bitcoins did not go to the car dealer's address, but to some other address that no one knows who it belongs to, and there is no way to get them back...  



I note that GABI were having trouble finding insurance against theft of their funds.

its not a new bitcoin market demanding huge amounts of bitcoin, nope!
Well, I don't expect it to create demand *on the exchanges*  initially, but on the other hand it may do so at a later time.

By the way, SMBIT had no net sales since July 1st.  I wonder how the other funds (PBP, Matonis's, ...) are doing...


bullshit detected
Aren't bulls the official producers of said stuff?  Grin

"... and then you discover that your bitcoins did not go to the car dealer's address, but to some other address that no one knows who it belongs to, and there is no way to get them back... "

great story....

"Well, I don't expect it to create demand *on the exchanges*  initially, but on the other hand it may do so at a later time."

....yeah that is kinda the point in bringing this up, and your expectations may be wrong too (or not)

3138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 12:30:13 AM
I hear some chick called Gabby is coming to town in 5 or 6 days..  and apparently she likes to party, minted too from what I hear...

.... there is talk of a $200 million "six month" bender to warm up.... (not "that much" in the grand scheme of things I know.. but still some added buying pressure, if they bought the same amount every month at the current price that would work out at 400,000 coins in total, and 66,666 coins per month - and there are around 108,000 mined a month and they are just one buyer) I realise that they are more likely not going to, or necessarily be able to buy the same amount of coins each month for the same price.. unless they are rather smart about it, and I also realise that sellers will supply some of those coins , as opposed to freshly mined coins... however as I said... it will increase buying pressure snapping up some coins (for now) for a while.... and it is just one playya.

Creating a bitcoin fund is a way to sell a large stash of bitcoin without immediately depressing the price, and without making it seem that the holders have lost faith.  GABI will probably buy the coins initially OTC from the GABI creators.  It may even remove buying pressure from the markets, if some people who would have bought raw bitcoins will choose to buy GABI shares instead.

I wonder if GABI will have a lock-in period, like SMBIT (i.e. the client can liquidate only after N months).

You make many assumptions...

It is also a way to profit from huge upcoming growth that may/will occur in the Bitcoin market non?
3139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 12:27:33 AM
I hear some chick called Gabby is coming to town in 5 or 6 days..  and apparently she likes to party, minted too from what I hear...



.... there is talk of a $200 million "six month" bender to warm up.... (not "that much" in the grand scheme of things I know.. but still some added buying pressure, if they bought the same amount every month at the current price that would work out at 400,000 coins in total, and 66,666 coins per month - and there are around 108,000 mined a month and they are just one buyer) I realise that they are more likely not going to, or necessarily be able to buy the same amount of coins each month for the same price.. unless they are rather smart about it, and I also realise that sellers will supply some of those coins , as opposed to freshly mined coins... however as I said... it will increase buying pressure snapping up some coins (for now) for a while.... and it is just one playya.

I read about GABI way back in late July. Any links citing this $200 million figure or is it just a talk happening behind the curtains?

Yeah me too... I also heard they launched in Aug, but start buying from Sep.


http://moneymorning.com/2014/07/24/bitcoin-hedge-funds-multiply-as-big-money-sees-opportunity/


http://www.newsweek.com/ex-jp-morgan-trader-joins-bitcoin-bulls-launching-hedge-funds-258494


3140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 12:08:59 AM
I hear some chick called Gabby is coming to town in 5 or 6 days..  and apparently she likes to party, minted too from what I hear...



.... there is talk of a $200 million "six month" bender to warm up.... (not "that much" in the grand scheme of things I know.. but still some added buying pressure, if they bought the same amount every month at the current price that would work out at 400,000 coins in total, and 66,666 coins per month - and there are around 108,000 mined a month and they are just one buyer) I realise that they are more likely not going to, or necessarily be able to buy the same amount of coins each month for the same price.. unless they are rather smart about it, and I also realise that sellers will supply some of those coins , as opposed to freshly mined coins... however as I said... it will increase buying pressure snapping up some coins (for now) for a while.... and it is just one playya.
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