is this titanic sinking in fireworks? how did you produce this image?
Probably signaling flares. The Titanic was so.... titanic, when it went down that it made the entire ocean list, by the looks of that image. Yeah signal flares for the rescue ships that were underway. And lol at ocean listing. Didn't notice that til you pointed it out. |
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If you said Windows ME my eyes would just gloss over and I would pound +1 in rage, but Vista is awesome cause it paved the way for and ensured driver support for Windows 7.
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Nagle is the manipulator!
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And yes I have seen the End the Fed signs, but a few are hardly representative of the majority. Besides, I would suspect quite a few of them don't even know what the fed is or what it does.
Fair enough, they might vary by city too. At least in LA, the signs are everywhere and the mural is in the center of camp. I should ask them about it and post the results to a new thread... That would be interesting, you know the media only shows what they think their viewers want to hear. |
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Yes of course the banks as well Rassah, and I agree with the rest of your post as well. Most people don't know enough about finances/economics to care about why they would use Bitcoin. It may be too far ahead of its time.
And yes I have seen the End the Fed signs, but a few are hardly representative of the majority. Besides, I would suspect quite a few of them don't even know what the fed is or what it does.
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The good news is that protests like #ows is slowly helping people realize the root of our economic problems - inflationary fiat currencies under monopoly of central banking system world wide.
I haven't seen or met anyone who thinks OWS is about the currency itself. It's about greed, high unemployment, corporate influence, manipulation, lobbying, lots of things, but not the currency itself. |
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Talking about how much support is at 1.00 and how it can never stay that low is foolish, because it's not like it will only get near it once then bounce straight back up never to come down again. Sure the first time it gets near a dollar there will be lots of buys, but what about the second time, third time? Same thing is happening now. Last time the price was this low there was quite a bit of support with a decent rally back up to 3.70ish. The price falls again, and the people who would have bought in have bought in already, and there is very little support left.
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It will be a long, long time before the price goes up significantly. There are a lot of miners holding waiting for a rise in the price to sell, which will kill any rally that happens. Not to mention people who have been buying all the way down.
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He's gone from bitcoin fanatic to realist, a change quite a few more people could stand to make. He's also been 100% correct.
He has, but his attitude does, as they say on the interwebs, "smack of butthurt". That sort of attitude doesn't help anyone, probably not even the drowning ego it emanates from. Neither do the permabulls, who are constantly saying it can never drop any further, which is much more harmful if you are taking into account that people may listen and buy in, and lose their investment. |
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Just because they can doesn't mean they did, no need to presume guilt with nothing to back it up. As I said in the other thread, a third party audit would be more effective, you won't get a big enough response here to do anything, especially with your less than tactful accusations.
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Just because they can do it doesn't mean they are. Doesn't mean they aren't either. A third part audit would be a better way of seeing if unethical things are happening. Those aren't cheap though.
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Shorting bitcoin has been a good way to go for the past 5 months. 5 months from now I'm confident we'll be even lower (< $1), so even shorting now will probably turn out profitable.
Hope some of you were lucky enough to have shorted when everyone else was warning of a reversal and BIG squeeze. If you did, congrats on your winnings. Yeah woke up to a nice surprise this morning, was expecting a drop but not that big and fast. Now to decide on the future. I expect there may be a mini rally, but it certainly won't go back to 3. |
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No point really, I just dislike seeing blanket statements calling people stupid and idiots for being the victim of a crime, but some people are just like that I suppose.
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Interesting to see all the negative reactions in those threads, by people who are already dealing in purely digital goods.
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as a customer I want to be able to charge back a dodgy business.
As a customer, why would you take risks on dodgy businesses in the first place? You should trust those who you intend to transact with, if not - then find a trustworthy alternative. If you decide on a whim to take the risk anyway, why should I have to pay for your mistake when you get suckered out of your money? By having to pay I am referring to the fact that I am forced to also concede to chargebacks as a business, or as a consumer am required to pay higher prices to cover the CC fees passed on to me by businesses to pay for the cost of the chargeback process. Do your own due diligence. Expecting others to do it for you is naive. When you throw caution to the wind, you cannot also expect to have a safety net if things don't go your way. It's completely childish. "MOMMY!!! The dodgy man lied to me. He told me these beans were magic!!! WAAAA" Ah, the old "Its YOUR fault for getting scammed, suck it up!" |
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Why are you talking like its over? Same thing happened at 6, 5, 4, now 3, next 2, then 1.
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Are you still holding? Cause I see further drops on the horizon. Absolutely nothing has changed thus far, so downtrend should continue with minor hiccups along the way.
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He's gone from bitcoin fanatic to realist, a change quite a few more people could stand to make. He's also been 100% correct.
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its ok. double bottoms are not uncommon. the blockchain marches on.
RISK ON! LOL Any day now the money is going to come pouring in, you'll see, you'll see... Yes all those investors just sitting around waiting for the right moment to dump millions into bitcoins. Reminds me of that hilarious post cypher made earlier in this thread. i can easily see professional investors looking over the table:
Q: whats this over here, Bitcoin? i thought it was done?
A: no, still hanging around.
Q: didn't it get hacked?
A: the exchange did but the source code didn't.
Q: is Gavin still around?
A: yes.
Q: how about those other guys, Stefan Thomas, Amir Taaki, and Jeff Garzik?
A: they're still there too.
Q: God, i thought they would've given up by now if Bitcoin really was a ponzi.
A: nope.
Q: any improvements in security?
A: tons. consumers are now protected by encryption and mtgox hasn't suffered another attack.
Q: really? how much is it now?
A: $2
Q: you're kidding. didn't you say it acts like gold? a limited supply?
A: yes
Q: well, our gold/silver plays aren't doing so well.
A: lets pour a few million into Bitcoin. its oversold and maybe we can get a short squeeze going. ANY DAY GUYS THINK POSITIVE! |
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