What's going on? Iceland about to adopt AUR as its currency, or something? What gives?
lol. That would look quite different on the charts. What we've seen yesterday would look like a flat line at 0. |
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Wow, AUR has traiding volume of 88 BTC / 487.000 AUR in the last 24 hrs, any news on this?
someone's buying. expect good news soon? May be someone knows about anything interesting happening in background. Possible. On the other hand it might be just an attempt to pump some AIR into AUR and sell back higher. Who knows... |
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haha: Maybe this critter can save us all from the global economic crisis?
And yet we try the money printing to create wealth. |
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This constant downward pressure we've been seeing pretty much the whole year doesn't make sense anymore.
I simply refuse to believe this is natural. That this is what everyone wants.
I also don't believe in theories as banks or governments taking us down. That is nonsense. But this is simply not normal behaviour. It's getting absurd now. This last round of dumping is absurd.
how about miners need to liquidate coins to pay bills? It's the turn of the month. Many might've put it off waiting for higher prices. |
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haha, lol. just tried to chat in the btc-e trollbox and found out you need $100 on deposit to be able to post ;-)
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btc-e's volume is like  wtf is happening over there. yes, it's like HHAAARGHGHGHGHG! BUYSELLBUYSELLBUYSSELLFUCKOFFBUYSELL, HNGGNGNGNGGAAAAAAAAAAAAAAAAAH! who codes bots like that? |
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So let's call out everyone that said they were buying if we dipped to $480.  Why buy now, according to fallling we can have free coins sooner rather than later. You do realize that falling has been the one voice of reason among a bunch of permabulls here who in concert scream "buy more and hold because loosing money is great and the price will surely go back up"? Perhaps with the right major crisis the nations will accept the GNU World Order but I don't see that as likely. Now consider this: * LTC is traded at $4.855 * The total supply of LTC will be 4 times that of BTC. Thus, the price LTC should be 1/4th of the fair price of a BTC * 4.855*4 = $19.42  why do you think LTC and BTC should be equally valued? shouldn't AUR, XMR, SHT, KCK, CNT and all the other coins be valued equally as well then? flawed logic. |
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guys, I'd be interested wether or not there are some long liquidations on btc-e?
Do we have any stats like bfxdata for btc-e?
that already got cleaned out. hmm, ok. What's the best explanation for the berserker-bot-action? |
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guys, I'd be interested wether or not there are some long liquidations on btc-e?
Do we have any stats like bfxdata for btc-e?
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this Video teach us a simple yet important thing: First Follower: Leadership Lessons from Dancing GuyClick the image to watch the video in Bitcoin's case, Hal finney was that brave first followerThanks dude, very educative. The TED talk by Derek Sivers that uses this video (and likely popularized it) is also worth a watch. idk about you guys but i'm still dancing and poeple around aren't quite ready to join in. not sure what they are waiting for... the drug takes a while to kick in... |
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this Video teach us a simple yet important thing: First Follower: Leadership Lessons from Dancing GuyClick the image to watch the videoin Bitcoin's case, Hal finney was that brave first followerThanks dude, very educative. The TED talk by Derek Sivers that uses this video (and likely popularized it) is also worth a watch. |
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Wow, AUR has traiding volume of 88 BTC / 487.000 AUR in the last 24 hrs, any news on this?
someone's buying. expect good news soon? |
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They will rather try to create their own crypto-currencies. Lack of control over bitcoin is a problem to them
Yes and yes. But will these bank-crypto-coins gain traction (value)? Bitcoin is peoples money and I think it will be able to attract way more trust than those bank-coins. Side-note: even if they are technically superior (eth?), they will have a hard time. |
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Pretty special what happened the last couple hours. Someone/group bought over 400k aurora coins. The biggest daily AURORA revenu in one day ever.
400k? Nah. Check your numbers? |
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I wonder these things can happen at the famous bank, reputable bank should have a good security system and safe, to ensure the trust of its customers save money in the bank, and if this happens by mistake bank's security system, then the bank should replace all missing funds, hopefully missing funds can be replaced ...  This can happen with ANY bank, even state banks. Because banks "create money" out of thin air, the so called fractional reserve, when it becomes noticed is usually too late and unless you don't mind to be paid in bricks and billboards, funds can't be replaced - or "can" but with taxpayers money. Yes. Note most recent bail-in case of Austrian state bank hypo alpe Adria. Might turn out to be partly bail-in as bondholder world bank will sue and might win. Not sure about deposits in this case. |
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Quite the convenient spot
I can say that its about 50% down from when it was in the 1000 dollar range
Good old rock solid price.
just when you get used to it... ;-) |
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Is it a smart option to move all my bitcoins to trezor?
What happens if mytrezor.com gets shut down or something? How do I access my bitcoins then?
start small and play with the trezor. try moving bitcoins between different addresses on it or between seperately password-encrypted wallets on it to become comfortable. Im sure after a week of use you will know its safe for all your bitcoin storage. Ive got about 10% of mine on it now and am confident enough to move the rest over when i get a chance to sweep the keys from my unsecured paper wallets (no password, so theft protection of them is a concern right now) Where do you day you lived again? And about that combination on your safe... |
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Just read the May '14 paper by Peter Surda The origin, classification and utility of Bitcoin (worth a read). There's many quotes from austrian economics in there. Here's two I find especially notable: He who owns a stock of goods of a high degree of secondary
marketability is in a position to restrict his cash holding.
Gold cannot be produced in a cheaper way by any governmental bureau, committee, institution, offi ce, international agency, or so on.
This is the only justifi cation for the gold standard. One has tried again and again to find some method to substitute these qualities of gold in some other way. But all these methods have failed, and will ever fail as long as governments are committed to the idea that it is all right for a government, which has not collected enough money to pay its expenses by taxing its citizens or by borrowing on the market, to increase the quantity of money simply by printing it.
I disagree with the bolded part. No, we will not fail to find a method to substitute these qualities (scarcity, cannot be produced at will by govt) of gold. In fact we already found it: the method is Bitcoin. I don't care what ideas the governments are commited to. We are the people and we decide what we use as money. Now all we have to do is elevate Bitcoin from status of a medium of exchange to the category of money by using it as a unit of account and make it be widely accepted for payment. To quote some dude from the teaser (worth a watch, length 2:23) of documentary (or should I say "Bitcoin propaganda film"?) "crypto for the masses" (relevant thread by Meni Rosenfeld): "Money is not the property of the state, it belongs to the citizens. And the state knows it."Bitcoin is a weapon... similar to a pitchfork regarding usage patterns, it might turn out in retrospect. It's also a currency. You can buy a fallafel with it. So What?
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wow. So much power!
I love the message: Bitcoin is a tool for the people against an overreaching state. Make no mistake, this is a revolution.
Bitcoin is a weapon...
..."it's also a currency: you can buy a falafel with it. So what?"
hilarious!
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