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3461  Economy / Speculation / Re: Suckers rally #2 on: May 02, 2013, 05:58:37 PM
No not really. There are pretty good prospects for 115 before we go down further.
3462  Economy / Speculation / Re: The bear market is on.... on: May 02, 2013, 05:41:25 PM
There might be a bounce up to $120-125, but I sold out the last of the little I had at 105.

Did cost me about 20% of my meager holdings, but I think FIAT is the safest atm. Have put in buy orders at 80-90 though, because I think it might linger in the $100 area before heading further down.
That's the kind of thinking which got us in the economic mess in the first place.
What economy?

The one which includes "Bitcoin Supernodes"?
3463  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 02, 2013, 05:29:25 PM
Sell to me at $100 OTC or stfu.


You get a special price of $400,000. Everybody else can deal at market. That's how it'd look if this were a personal business.
3464  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 02, 2013, 05:05:31 PM
Yeah its pretty tasteless, i agree.

Welcome to the Internet BTW

Yes, you are a worthless troll.

Alright, alright, I'll delete it. The point was made, there are plenty of disgusting pics on the web it's only when you use them for purposes of rhetoric when it gets low.
3465  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 02, 2013, 04:10:09 PM


pigs getting slaughterd again

We did not need to see that. Please delete it.

weak stomach?

Wow man. Fuck you, honestly. I posted a picture of a dead bear with hints of blood and people freaked out. What you posted is outright offensive to a large majority of people and you absolutely had to know it would draw attention.

It's a video (.gif) of a pig getting it's head sawed off. I mean, come on.

Yeah its pretty tasteless, i agree.

Welcome to the Internet BTW
3466  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 02, 2013, 04:04:32 PM


pigs getting slaughterd again

We did not need to see that. Please delete it.

weak stomach?
3467  Local / Mining (Deutsch) / Re: Fuck You BFL on: May 01, 2013, 10:02:09 PM
Naja, den Champus mach ich jetzt trotzdem mal auf...besser wirds nicht...
Mal schauen wie sich die Nachricht auf den Kurs auswirkt...

Tut sie bereits. Grin
3468  Economy / Speculation / Re: The current BTC hype is over, let's wait for the next one... on: May 01, 2013, 09:48:14 PM
it works something like this:



3469  Economy / Speculation / Re: The bear market is on.... on: May 01, 2013, 09:20:04 PM
The only thing I want is that is that the price doesn't tank as far that the exchanges contemplate running with my trading capital....
3470  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 01, 2013, 01:02:11 AM
Sorry WALLS MEAN NOTHING.  Roll Eyes Roll Eyes Roll Eyes

You are in the wall thread.
get out.
3471  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 01, 2013, 12:57:02 AM
Wake me up when 33% of the speculation subforum's population does NOT have tunnel vision...

You gonna have to sleep a long time my friend...
3472  Bitcoin / Bitcoin Discussion / Re: Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) on: May 01, 2013, 12:55:44 AM
same as all the gold miners in 2013 are shouting most of the world has been premined.

Less than half of the gold has been mined. Most of it is still in the earth, and that is only including sources currently accessible to us.
Peak gold is believed to be after 2020.

most of the WORLD has been mined, Eg geographically there is not one country that has not been searching for gold. never said most of the gold.

but the point is even in the gold mining industry there are a few gold haters saying there is not much left and hating the fact that they have to use excavators to get at it instead of a bucket and spade like in the days of the wild west/victorian era. or earlier

No you are looking for an easy way out.
There is gold everywhere still, it is just not as accessible as before, the mining industry is rather efficient.

Comparing BTC mining to gold just doesn't work out. There is no hubbart peak in bitcoin, just an ever decreasing supply rate.
3473  Bitcoin / Bitcoin Discussion / Re: Satoshi's Fortune lower bound is 100M USD(DEBATE GOING ON, DO NOT TWEET!) on: May 01, 2013, 12:27:05 AM
same as all the gold miners in 2013 are shouting most of the world has been premined.

Less than half of the gold has been mined. Most of it is still in the earth, and that is only including sources currently accessible to us.
Peak gold is believed to be after 2020.
3474  Economy / Speculation / Re: Arepo's Detailed Price Analysis and Projections on: May 01, 2013, 12:12:54 AM
Again stop using triangles dammit.
3475  Other / Off-topic / Re: Why is the bitcoin community filled with scumbags? on: April 30, 2013, 11:39:30 PM
I like all three of them, each in their own way.

They provided a steady stream of tasty drama in the last few months and with out them I might have lost interest.
Kano was a chill dude once though he got infested with unwarranted self importance.


Josh only a short time phenomena once BFL stops functioning there is not much to get out of this guy.


As for Luke-Jr... awesome, absolutely awesome. He should get a price for Drama generation research, absolutely cutting edge Internet knight. Alt-chain bashing, forefront of the satoshi-dice is a evil conspiracy crowd, even the editwar over the Bitcoin currency sign.... priceless. I hope he never leaves.
3476  Economy / Speculation / Re: Bulls, bears, pigs and chickens on: April 30, 2013, 11:29:05 PM
Are you saying pigs fuel the profits of bulls and bears?
Here's the thing.

Markets are useful in different ways to different people. You can use them to buy things you need. You can use them as a hedge. Or, you can try to game the market and win money playing patty-cake.

If you're in the latter category - if you're in the market to game it - you have to accept that it's a negative-sum game. If you're winning, it means someone else is losing; people who bought at the wrong time line the pockets of the people who sold to them, and people who sold at the wrong time line the pockets of the people who bought from them. If you're playing the game, that's the math of it.

Well of course. I'm just wondering what OPs motivation behind this post is.

Well yes you guessed it, it's the pigs who bring the profit to everybody who knows what they are doing.

The purpose of this thread is just to clarify the terminology and help to avoid its abuse in the future.
3477  Economy / Speculation / Re: Google Trends lower? It's a good thing! on: April 30, 2013, 03:12:50 PM
lets recap:

some smaller exchanges fucked up
banks starting to refuse business with exchanges
press interest depreciating
SR under sustained attack
gox still goxxing

So all in all price has decoupled from fundamentals and the suckers rally lost momentum. A good thing! :
LOL Cheesy
3478  Economy / Speculation / Re: What do you see here? on: April 30, 2013, 02:35:04 PM
I see a somewhat sustainable uptrend from $2 to $13
3479  Other / Off-topic / Re: if 10,000 libertarians moved to Nauru, ron paul could be president on: April 30, 2013, 01:59:30 PM
haha oh wow.  Cheesy

Quote
Nauruans are the most obese people in the world: 97 per cent of men and 93 per cent of women are overweight or obese.
3480  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: April 29, 2013, 10:35:56 PM
I just loaded some rocket fuel, we're about to blast off to the moon!

Paul Buchheit: "Bitcoin may be the TCP/IP of money."

Quote from: Wikipedia
Paul Buchheit is an American computer programmer and entrepreneur. He was the creator and lead developer of Gmail.
He developed the original prototype of Google AdSense as part of his work on Gmail.
He also suggested the company's now-famous motto "Don't be evil" in a 2000 meeting on company values.

The main problem I see is that Bitcoin is so dependant on the banking system. The exchanges fall apart without bank accounts, without wires, without ach deposits. Bitcoin works great as a "secondary" or "transaction" currency. Which means you use it when you want the privacy (buying bongs/dildos) or to avoid fees (sending to people in different countries). So you still use USD, you're paid in USD, you just use Bitcoin when the situation warrants it (and the advantages it brings).

When an exchange can be crippled because one american bank account gets closed, that sorta points to the fact this "de-centralized" currency really needs the "centralized" banks to operate. Bitcoin is doing well because Govts/Banks are letting it exist. Sure they can't destroy it, but they sure could make it a lot harder to use. Most sellers wouldn't want BTC if they couldn't convert it to their native currency. But Banks are greedy, they launder money for drug cartels, so I doubt they care about Bitcoin as long as they get a share (which they do, wires are expensive).

Yeah, we "Bears" have been preaching this all along, yet we were pointed at by the "true believers" and accused of "FUD".
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