Become a Power Ranger.  |
|
|
|
That's why I was requesting somebody else to try to explain how this would not be considered extortion. On the surface, you are correct as to what it looks like, but...
We'll get some clarity on this issue, I'm sure.
Thank you for your kind words, BadBear, about me. I think you know that this is isn't some type of money grab on my part because I won't be in control of any funds. Just wanted to make that clear for what it's worth.
Thought never even crossed my mind, and I'm positive you do have the best of intentions. I'll try not to shit up the thread too much but hopefully someone can elaborate better on how this could be seen in a good light. I'd just hate for more bad publicity to come out. |
|
|
|
|
I can respect that, takes a man to recognize where he went wrong and learn lessons from it.
|
|
|
|
|
Not sure how I am making it sound worse than it is, when it's pretty bad to begin with. I think peoples eagerness to get bitcoin wider acceptance is clouding their judgement.
|
|
|
|
|
And then the door was shut and locked and a tinny voice was heard from the other side
"CLOSED DUE TO LACK OF INTEREST!"
|
|
|
|
I like you, you seem like a good guy from your other posts, but this whole thread is out of character. So I mean no offense to you personally. I am surprised I'm the only one to say anything. It's not like we'll be telling them to do such and such or else no money from our group.
Is that not what you are proposing? |
|
|
|
|
Sounds like extortion to me. Seriously guys? You are going to tell a charity "I'll donate but only if you take it in bitcoin"? What a shitty way to deal with charities. Is this really how you want people to view this community?
|
|
|
|
|
Negative, that was Bitcoinica's bot liquidating a bunch of longs. He confirmed it the day of the selloff. But I guess if you just wanna make stuff up about graphs thats cool too. Maybe you could draw some elliot waves around it or something.
|
|
|
|
|
Until most of the bid walls go poof as soon as the price gets near.
|
|
|
|
|
Not sure why you think miners holding is a good thing, because as soon as there is any rally of some sort, they are going to start selling, and as soon as the price starts dropping everyone will want to cash out before the next drop. Most miners I know ride the waves and sell when they can.
And it's hard for me to take Technomages posts seriously when talking about bottoms/how it can't go any lower, because he said the same thing so many times on the way down.
|
|
|
|
I think the calm of the market the last 24 hours has been very strange to say the least. There has been very little actiivty in the way of up or down but we have slowly been trending upwards. The rapid swings of the previous week are much easier to make more bitcoins on lol. Either way I am expecting something big to happen in the next 24 hours.
There are always periods of stagnancy after big drops. Then it's usually followed by another big drop. |
|
|
|
Oh wow you are the second third person calling me a troll this month, I really should pay less attention to this sub-forum.  Somebody care to explain which part of my posts constitutes of trolling?  Yes once people are using bitcoins for commerce and exchange like you did molecular that could result in more stability. You spread your ideas as facts without supporting evidence or clarifying you are stating opinion. Calling people trolls for no reason is a sign of the weak minded. Thats not even the definition of a troll. What is everyone supposed to preface their posts with IN MY OPINION? It's the speculation forum, it's almost all opinions here. |
|
|
|
|
Well going around announcing plans to use it isn't smart.
|
|
|
|
@zhou: Thank you for the concise reply to my concerns. Having bitcoinica around still worries the heck out of me, but I am very glad it is you who is running it. You seem like a trustworthy guy. I hope you do not let us all down. Since you won't open your order books (maybe for good reason) then would you consent at some stage to third party auditing of your accounts and your platform? None of these exchanges have to follow any rules... b/c there are none. That's why we have the SEC, and US Govt. If you don't like it, then maybe bitcoin isn't for you.... it's kinda the point that there are no rules and it's unregulated.
I encourage morals, but unfortunately, we're in the wild west. If you want rules, go join Solidcoin's centralized currency...
Libertarian nonsense. I don't HAVE to wear clothes when I go out in the snow, but do you think maybe I should? Similarly there is nothing stoping me from wiping my ass with poison ivy, but do you think that would be a wise thing to do? Please inform yourself. Here, I'll help that process along: 1) Bitcoinica is not an exchange. 2) Bitcoin is not unregulated, it is regulated by the network as a whole. You are mixing up unregulation with decentralization. And it does have rules - I cannot alter the blockchain in a way that the rest of the network does not agree with. 3) Leveraged margin trading is EXTREMELY risky, not just for the end user, but for all of the participants in the market. You cannot just open an account like this in the US without holding professional qualifications in economics/business, and for good reason. I am ALL for a decentralized currency, nowhere did I say I 'don't like it'. Read my post again if you failed to understand my concerns about bitcoinica. I assure you they are justified. 4) Just because we don't HAVE to follow well established financial 'rules' does not mean we SHOULD not. Some of them are archaic and outdated, others are VERY important. Financial institutions and market makers are audited carefully in real world finance due to the many concerns surrounding the fact they have more information available to them and can use this information to bet against their. Zhou has access to the stop/limit positions and liquidation points of all his clients. He can use this to get a better understanding of the market than the rest of us can, or he can move the price with his own capital on MtGox to force liquidation of his clients. He would know exactly how much would be required to do this. So please inform yourself a little better before posting your vacuous libertard claptrap. I wish people would stop using words like libtard or libertard (opposite ends of the political spectrum). Both are very offensive terms and I have a relative who suffers from downsyndrome. He couldn't chose that he was born that way, he just was. These terms are as offensive if not more than any other insult I could possibly think of due to its nature. My cousin with downs is a very happy person but can also be very difficult to deal with and understand. Does this mean that they deserve to be treated as less than human? Absolutely not. This is the first time I have seen you use such a term but Jonathan Ryan Owens always uses it and quite frankly I have had enough. If you had a son or daughter with the condition I bet you would not be so quick to use that terminology. This entire reply is off topic and would be better kept in PMs, or maybe you could make a new thread where you can talk about which terms offend you and which don't, and the people who give a shit can make sure to keep subscribed. |
|
|
|
Ah yes the old "This really rich guy could just buy em all up and leave you losers behind" tactic. The problem with your thinking is, most people who have that much money have more sense than you.
If Jim Rogers wanted to do it right, he'd create an entirely new CryptoCoin, peg it to a value, guarantee that value, put MtGox out of business, and finance structured ASIC development and sell the opportunity as monopolized hardware. He wouldn't buy into Bitcoin. Ever. This sounds more like what someone with significant funds to put into bitcoin would do. |
|
|
|
If those OWS a-holes have android phones, I'll punch them myself. WTF are they spending money on an android phone if they are worried about paying for s**t they "need."
I don't own an android phone, and I seem to get along just fine. Maybe that will help them balance their checkbook...
 They even have cars and microwaves, and internet! Fucking poors. |
|
|
|
|
Ah yes the old "This really rich guy could just buy em all up and leave you losers behind" tactic. The problem with your thinking is, most people who have that much money have more sense than you.
|
|
|
|
|
The obvious solution here is to print the blockchain and hand it out to everybody. People can write their own changes in and everyone will get together and sync them up at the end of the night.
|
|
|
|
|
Primarily in fiat, which hopefully I can eventually invest in btc.
|
|
|
|
|
Ugh he's gonna do it anyway. Oh well, it could have been good.
|
|
|
|
|
Show Posts
