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3461  Economy / Speculation / Re: Are people getting greedy again so soon?? on: April 19, 2013, 01:47:53 AM
"Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful."
― Warren Buffett

I used to be a huge bull up until the crash. I am no longer trading due to personal circumstances. But in general, I think that to be successful you have to know when to adjust your views. Those who are stubborn get burned.

This is how I see it:



The previous crash 17 to 2 or there abouts was much larger, a crash of the same size would have seen this go to about 9$...

It tried to break through $50....twice if not more....

I wish it went to a few $ then I could buy
3462  Economy / Speculation / Re: Ladies and Gentlemen: This is what a green candlestick looks like on: April 19, 2013, 01:39:45 AM
But is the volume real or manufactured?  Huh

I keep reading about how someone can just push big trades back and forth to make the volume look high and the price look stable.

Sure you could do that, but it would get expensive rather quickly and I don't see anyone wanting to hand Gox free money, especially given their recent track record.

UNLESS IT WAS GOX DOING IT?
3463  Economy / Speculation / Re: Bitcoin's largest crash in history: Tale of the tape & why a recovery is likely on: April 19, 2013, 01:04:10 AM


Two days past the biggest one-week crash in Bitcoin history. What have we learned? What should we expect next?

Two important things we learned: one, Bitcoin isn't really stable yet, and two, a bubble will pop as soon as everyone stops calling it a bubble. But is the bubble done?

In my opinion, yes. A glance at Bitcoin's brief history reveals that at no time did the correction from a rally to all-time heights, bubble or not, dip below the high from before the rally. That is, the only rallies that were smaller than their corrections were rallies that are corrections themselves.

Normally, there would be months of downtrend after a new all-time high (even more if the rally was big). However, the record-breaking crash of late happened to shave off almost the last month of growth. And that last month of growth started from $32—the point where the previous all-time high rested.

My claim is that the rally did not start until one month ago when $32 was broken—everything before that was a correction from $2. If history holds, this bubble's popping will not overtake the rally that caused it. And if the rally started at $32, then it looks like the bubble has finished its popping.

I'm not saying that we will have an easy path to $200 by any chance. If the last bubble was any indication, it could be years until we reach $260 again, even though there's less ground to be made up this time. But I will claim it's easier to get to $260 than it is to $40, which at the current price means the price is likely to recover.

So let us wait and see.

we only dropped from 200 whatever because of a dodgey exchange. This event has given great impetus for other exchanges to open and, the market will be come more resiliant
3464  Other / MultiBit / Multibit sent 1.1 BTC to Electrum shows 0.3958 pending???? on: April 18, 2013, 04:50:16 PM
I am trying different clients, so I sent 1.1 BTC from Multibit to Electrum...however Electrum shows that only 0.3958 is pending at that address?Huh?

I note that both the multibit and Electrum have a common address (some other address due to private key loads) and it maybe that the 1.1 was made up from some of the common address, and so maybe Electurm only looks at the difference....but this does not seem to make sense, 1.1 BTC should end up at the address  sent to regardless......!!!!

what has happened here? any ideas???

EDIT ok I deleted the common address from electrum, and it resolved the issue, so, some sort of wierd accounting going on in elctrum...possibly a bug, it seems to adding only net difference on all addresses, not total to and address,

this still a bug though inmho
3465  Bitcoin / Wallet software / protection for Multibit and Electrum on: April 18, 2013, 03:37:00 PM
Is there away to require a password before these can be used to send something?Huh like there is in BitCoin QT Client?
3466  Bitcoin / Wallet software / How long does it take to update the electrum address after priv key import? on: April 18, 2013, 01:36:18 PM
How long does it take to update the electrum address after priv key import?....it just sits there doing nothing....? I though the whole point of electrum was it latches onto the blockchain and updates instantly?Huh
3467  Other / MultiBit / Re: is the mutlibit linux jar effected in any wya by the java exploit on: April 18, 2013, 12:53:21 PM
Yup. If you use Chrome and I think also Firefox then the Java plugin is already disabled for you.

thanks to you both
3468  Other / MultiBit / is the mutlibit linux jar effected in any wya by the java exploit on: April 18, 2013, 08:52:42 AM
Maybe silly question but I'd rather look silly then lose my BTC

thanks for your help in advance
3469  Alternate cryptocurrencies / Altcoin Discussion / Re: SElling 1100 BTE on: April 18, 2013, 02:31:24 AM
Quote
https://vircurex.com/welcome/index?referral_id=514-5283  << VIRCUREX REFERRAL CODE SAVE XACTION
BTC 15zMLuj42zKfJB3sFLaxwUGyF7ZBbHCLfT    ::   LTC LhoX2YMX1VSJFYS4oFg2honjpvjqccJGWV   ::   XRP rBpEVy5sSkq4KPgP12TQxQwxVbp31xRbsF
TRC 185RK2E4hnV1XcKR9crmPZfguDHpKnRBKJ   ::   PPC PKaYmmwhoU6FDQszVCZ1kmn93q3sKExpZv   ::   BTE 8YgyvoAFgHnRxSoKHA4DWPMFuVPa7fu7T6

And the winner for most obnoxious signature ever goes to....

It looks good, you just jealous!!!

everything is neat!!!
3470  Alternate cryptocurrencies / Altcoin Discussion / how to get PRIVATE key out of PPC QT? on: April 18, 2013, 01:46:01 AM
how to get PRIVATE key out of PPC QT?

I can't see the debug console??? how to do this???
3471  Alternate cryptocurrencies / Altcoin Discussion / Re: SElling 1100 BTE on: April 18, 2013, 01:44:41 AM
0.000000001 bTC
3472  Economy / Service Discussion / Re: how much BTC would you trust in a blockchain.wallet,how long should passord be?? on: April 18, 2013, 01:38:52 AM
Well, mine was hacked, losing 1 bitcoin. USE TWO FACTOR AUTHENTICATION!

what happens if you loose your mobile, what happens to2 factor then?
3473  Alternate cryptocurrencies / Altcoin Discussion / TerraCoin's super legit website, in case you didn't know its a free wix on: April 17, 2013, 03:09:03 PM
http://i47.tinypic.com/141p1xl.png

They didn't even bother to alter...well almost anything except a bit of text although the Faux satoshi choice is a nice touch
3474  Economy / Service Discussion / Re: You think you don't need to trust blockchain.info ? Think again on: April 17, 2013, 02:47:04 PM
I installed that javascipt checker mywallet 1.9 that tells me if the JS has had something injected into it....does this help much?Huh


This is true for all wallets that advertise in-browser cryptography.

They are all vulnerable to code-poisoning when the central server gets compromised.

To properly do javascript cryptography you need to publish a signed browser extension that therefore doesn't get served dynamically and therefore is invulnerable to server-side code-poisoning.

Basically, that means that blockchain.info, strongcoin.com, {insert client-side JS wallet here} is inherently less safe than a standalone client, and not much safer than a hosted wallet.

Thoughts welcome !
3475  Other / Off-topic / Re: Satoshi might be mentally derranged on: April 17, 2013, 02:42:48 PM
I think he intended to become rich. I think he intended to remain anonymous to make it easier for people to forget that advancing Bitcoin makes him richer. In fact, all future Bitcoin users are what speculators are banking on for profit. It's not that different from a Ponzi scheme...but it's not technically a Ponzi scheme (Or, it's no more a Ponzi scheme than fiat).


it's a ponzi scheme (but actually no it's not...anyway), except this time were have better sovereignty/currency so our ponzi scheme will out compete the FIAT ponzi scheme.
3476  Economy / Speculation / Re: the crash is over? on: April 17, 2013, 02:07:21 PM
I think the worst is behind us. The market has tried to break through the $50 support twice and failed, this gives confidence and makes speculators afraid to try that a third time and fail again. We're going up again with a slowly rising support level is my opinion.

I am fairly sure we will only go up when the bears have completely blown their wads and got nothing more to burn.


hahah really made me laugh glad i wasn't drinking a hot coffee
3477  Economy / Service Discussion / how much BTC would you trust in a blockchain.wallet,how long should passord be?? on: April 17, 2013, 01:35:47 PM
how much BTC would you trust in a blockchain.wallet, how should password be??

note assumes you have got all your private keys backup and encrypted everywhere

me, unsure at this stage (hence the thread) but it seems with say a 20 plus letter password it should be ok?Huh

EDIT what hapens if you use 2 factor and then loose your phone?

EDIT 2: I guess the issue is, if some one got access to the server and relevant web sites, they could inject a JavaScript that just collects you password as you enter it, and javascript checker would be no good either as they would change that on the check site as well....as the BTC goes up so does impetus to do this some how goes up too...even of you had distributed javascript to be checked agiasnt, but even the a dodge on could be distributed......

at least this is my understanding of how the javascript check works and its limitations.
3478  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Zimbabwe's official currency + Prince of Sealand interest in bitcoin on: April 17, 2013, 01:10:35 PM
So Zimb goes from being the most inflationary country to the most deflationary country in one hit.....

3479  Alternate cryptocurrencies / Altcoin Discussion / PPC private keys, QT? and private keys generally on: April 17, 2013, 01:09:40 PM
How does one get the PPC private keys, from PPC Qt I cannot see the debug console, and more generally how does one get all private keys at once using the debug console, rather than one at a time, eg I want to see all the hidden ones as well

thanks in advance
3480  Economy / Service Discussion / Re: Vircurex down? on: April 17, 2013, 12:13:10 PM
And up again Smiley

hmm sudden as well....I wonder
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