|
wow... back to this same old tired shit again.... pyramid, ponzi, blah blah fucking blah... pfffffffffffft
|
|
|
|
If you had described the situation to Orwell, he wouldn't have believed it.
You're right, on the other hand Huxley had foreseen precisely this exact scenario.    |
|
|
|
Big Step!  Could you elaborate on the importance? People not located in the US don't exactly get what they do and what this may mean for Bitcoin, I guess. Is this rise back really a reaction on those news. I guess no one knows. "ATLANTA, Aug. 6, 2014 /PRNewswire/ -- Global Payments Inc. GPN +0.98% , one of the largest worldwide providers of payment solutions, today announced that it has signed a referral agreement with BitPay, the world leader in business solutions for the bitcoin digital currency. This relationship allows Global Payments to incorporate the cryptocurrency into its product suite and to offer bitcoin payment acceptance to its worldwide merchants. "
Global Payments Inc. is a provider of electronic transaction processing services for merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, Europe, and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. |
|
|
|
Big Step! Just need the user adoption to go up at the same rate as merchant adoption is! Swings and roundabouts |
|
|
|
I need to buy me a car and a new PC price better fucking go up soon  Same here Instead of betting on ponzi scheme development of Bitcoin you should start some business accepting Bitcoin. Exactly, posts like that make me want to sell my coins actually and say fuck you to those who think they are entitled to profit from their coins and then buy all kinds of luxury stuff they don't really need with it. Why do you buy and hold coins may I ask? (not defending the OP who I do not think was serious anyway...but just asking) Because I believe Bitcoin is the most democratic form of money there is and can give people more control over their financial lives. Our current fiat system is oppressive and eventually self-destructive so by buying and holding coins I support an in my eyes better system and at the same time I feel good keeping a portion of my wealth outside of the current system. If I would buy and hold coins just to make personal fiat profits and then buy expensive stuff with those profits then that would make me just as much a part of the current crazy financial system that's addicted to growth and drives people to consume more and more until they burst. I live a modest and simple life and I don't need much, my health and relationships with people I love are what matter most. Fair play to you. |
|
|
|
I need to buy me a car and a new PC price better fucking go up soon Same here Instead of betting on ponzi scheme development of Bitcoin you should start some business accepting Bitcoin. The don't dig gold, sell them spades, strategy. No, this time is different. There is room for both... I am sure many a man made a fortune from both shovels and gold... a few smart ones made money from the shovels, the gold, and the railroad (and brothels and bars) |
|
|
|
I need to buy me a car and a new PC price better fucking go up soon Same here Instead of betting on ponzi scheme development of Bitcoin you should start some business accepting Bitcoin. Exactly, posts like that make me want to sell my coins actually and say fuck you to those who think they are entitled to profit from their coins and then buy all kinds of luxury stuff they don't really need with it. Why do you buy and hold coins may I ask? (not defending the OP who I do not think was serious anyway...but just asking) |
|
|
|
The correlation lately of the bitcoin market with the U.S. stock market has been a little concerning.
I think Bitcoin is a risk asset and losely correlated with the broader economy, same as gold. (credit goes to waveaddict btw). That is, I believe if the stock market goes into the toilet, Bitcoin would have a much harder time than it has so far. It's probably something that you put money in when you have an excess, and pull money out when you lack it. good news = price drop #logic
What good news? Why do you people (not you in particular) all think you are so clever that even if "fresh" news played a large role, even assuming that there are no insider front runners, who are you to say what is important and what is not, or even whether a piece is overwhelmingly good or bad? How do you tell if something has been priced in, and how long does that take? Do you have a framework to put everything in relation? News is even more subjective than technical analysis, and as far as I can tell it's one of the worst ways to trade. Can we have NO MORE SPECULATION ON THIS THREAD PLEASE!! is that what you mean? Just checking. Why, not at all. I much prefer it to low value content like pictures of whatever. I don't want to stifle anything. I'm just voicing my thoughts that maybe things are much more complicated with news than commonly thought. Maybe there is logic in what is happening. Thats grand then... everybody continue to speculate... I have wondered how a crash in the stock/bond market/market crisis would affect Bitcoin, if an event of some sort was to spread fear through the markets causing flight to quality.. how would Bitcoin be impacted? historically at such time Gold, USTB's and the Swissy and the Yen among others have been used as safe ports in a storm however in light of various happenings I cannot help but wonder in the next capital flight event caused by an event in the markets, if some of those traditional safe havens are no longer perceived as safe as before... (indeed the USTBs may already not have been perceived as such in 2008 either, and perhaps J.P Morgan accounted for much of the buying at that time) Anyway in light of goings on I cannot help but wonder when the next event occurs in the markets, if this time around capital flight may not favour USTBs and possibly not the Yen nor the Swissy either, however Gold may fit the bill more so than recent past events. However two of the criteria that (depending on the crisis) make for suitable safe havens in such events are liquidity and stability... which arguably Gold could fit the bill, however at this point in its life cycle I do not see BTC fitting into the bill as stable enough or providing enough liquidity as it is at the moment for it to be perceived as a safe haven, so I am not sure money that NEEDS to be safe would head for BTC atm on a global scale. However, I do wonder how many people are over extended, and or would particularly move their funds out of BTC if there was such an event, i.e I am not sure how much capital flight from BTC would occur in such an event, and if some market participants did start to flee, would the demand be met by the BTC collective on the hunt for cheap coins? How many BTC holders are going to be in the group of having to close BTC positions in order to cover a looming margin call on other pairs they are trading I wonder? and how many are going to be already diversified into areas they are happy are safe havens (Gold,Bonds etc)? In terms of news , I think it is quite simple, good news upon good news, and actually even bad news, so much goes on in BTC nowadays it is hard to peg any individual item as the cause for anything… however the pressure from the news, and its effects do have ramifications as they build up.. ie after a year of good news for example, this will affect the market but perhaps later down the line… because much of the news is “infrastructure/ecosystem is being invested in developed and built” from which we have to wait until said infrastructure has been put in place and developed before the market reaps the benefits from said developments… or the news is essentially to do with legal developments , which likewise slowly but surely are inching forward.. and ditto for adoption both merchant and individuals, the more companies the more exposure the closer to ubiquity BTC becomes… Rome was not built in a day, and I think that the market is starting to mature somewhat and become less reactionary to news, however this is a case of “ if you build it they will come” and all of these developments in my opinion will continue to build pressure until the next meaningful waves of developments are in place and that drives the next meaningful wave of adoption, and the price will have little choice but to break upwards… we are in the process of building that next wave now, and have been for the past half a year or so (seeds were of course being sown way before that) The seeds have been sown… soon the rewards will be reaped. p.s sometimes a picture is worth a thousand words... |
|
|
|
good news = price drop #logic
What good news? Why do you people (not you in particular) all think you are so clever that even if "fresh" news played a large role, even assuming that there are no insider front runners, who are you to say what is important and what is not, or even whether a piece is overwhelmingly good or bad? How do you tell if something has been priced in, and how long does that take? Do you have a framework to put everything in relation? News is even more subjective than technical analysis, and as far as I can tell it's one of the worst ways to trade. Can we have NO MORE SPECULATION ON THIS THREAD PLEASE!! is that what you mean? Just checking. |
|
|
|
YO (EDIT: I see now that this has already been posted- posting again anyway) Any of you guys on DGEX see this, or get this e-mail ?
New announcement: WARNING: Fake DGEX emails from attacker: DO NOT CLICK LINKS IN THESE EMAILS!I have been provided with the following concerning reference below. DGEX has not issued such update. It seems someone is sending out emails in my name - and doing pretty well in copying my style. I would not download any of the wares linked, as it is likely they contain malware. I'm also supposing the Bitbucket repository is not Wesley's, but again the attacker is trying to impersonate him in order to gain confidence in order to spread malware. Quote On Aug 1, 2014 6:28 PM, "admin" < admin@dgex.com> wrote: Dear DGEX Trader, DGEX.com is now reopened with a suite of new services and a 100% new infrastructure that should render hacking of customer funds practically impossible. Customers will be given control of their funds at all times through distributed client-side Bitcoin / NXT / FIMK wallets accessible through the DGEX service and shared with its appropriate automation facilities. TOTP is now included in the Wesley Client. OFFSPRING NXT Client update is following with TOTP. Mac: DELETED Windows: DELETED Thank you for your patience. Kind regards, Graviton Capital DGEX.com --- This is a DGEX membership newsletter that is sent to all members. We do not send more than two messages a month maximum, and generally send only important system announcements. If you do not wish to receive important announcements through email, please let us know. To unsubscribe from these announcements, login to the forum and uncheck "Receive forum announcements and important notifications by email." in your profile. You can view the full announcement by following this link: https://nxtforum.org/trading-exchanges/warning-fake-dgex-emails-from-attacker/Regards, The Nxt Forum Team. |
|
|
|
|
Anyone any idea what on earth is happening with DGEX? supposed to reopen on the 1st - and has not and now radio silence ... really not amused tbh.
|
|
|
|
opportunity is knocking i'm looking to load up big time, and i see i don't have much time! time to buy!
Define "big time" something like 2 BTC? What has gotten into you today JayJuan?  |
|
|
|
http://youtu.be/d-_DuWWPvKg Published on 22 Oct 2013 VERY Interesting interview with R Kurzweil .. also there is a brief bit about Bitcoin and there is some discussion of decentralisation. Bitcoin @ 4 minutes and 11 minutes whole vid is good though. Exponential perspective. Anyone watch the video? Raises hand. Fuck virtual. I like to smell real flowers. Did you know that every color pansy has a subtlety different smell? Every cat has a different feel to their fur. Years ago I had 2 dogs that lived in the city and had only been to the suburbs. The first time I took them on the 4 hour ride to my country home the following happened. When we left the city and were in the suburbs their interest went up. When we got to the country they were very excited, this was the first time experiencing this. When we turned off the highway and onto the dirt road that followed the stream up the mountain they started to vibrate with excitement. They knew it was right. This was the world that they had evolved in since they were blue green algae billions of years ago and it resonated within them. Currency is an invention of man so having it be virtual is ok because it already was. I like to walk but I still use a car... even a plane... or a helicopter... same as I like to read paper books, but also have an ipad and use pdfs... Point is not that you will have t use virtual but that it will be there.. The few areas that Ray K mentions in the video are only a few "fun" and quite trivial examples in the bigger scheme, and also the reason I posted the video was more just to say world is changing and the problems we have today may not be the problems we have tomorrow.. But I hear what you are sayng... I love to walk and trek and get out into nature... and feel and smell and touch nature, people , animals, touch and smell the flowers and the coffee too : ) Though if you are receiving the digital information directly to your senses, and the quality was good then you would not be able to tell the difference once the tech was good enough... in fact you could be living in a "simulation" right now (check out simulation theory) |
|
|
|
|
Show Posts
