Pretty sure he didn't invent MDMA. He was one of the people who popularized it by publishing his experiments with it, but he didn't invent it.
Well, you are right, MDMA was discovered by mistake by some laboratory in the early 1900's (I think Bayern or Merck, cannot remember exactly right now). But Shulgin was the first one to experiment with it in a scientific way, to discover and document its effects on humans, and then to modify it to discover and document the effects of a wide list of derivatives. He was also the discoverer of all the phenethylamine chemical derivatives of the 2C* family, as stated in the OP. |
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Well, if you are bullish, a wall like that means you don't get much price slippage when you buy.
Many people have given this same slippage explaination over and over again since I joined this forum. The reason I don't believe it is that I've always found it quite odd that someone would sometimes wait for the price to increase by as much as a dollar or two per Bitcoin until we hit a wall only to then buy it all to avoid slippage  My post was to suggest a possible reason for a big chunk of the 1000 BTC ask wall at 123 being eaten. If the wall was further away from the strike price then I think I'd agree with you. IIRC it was just under 123 with very thin asks in between. IMHO a bullish buyer saw an opportunity to quickly pick up a lot of coins (660) at a fixed price. Wouldn't you prefer to get all your coins at a fixed price and let others lose on slippage as they push the price up? Note that "quicky" means not having to sit for hours on Gox buying small amounts of coin at a time, or risk pushing the price up by setting a large bid, and finding all the speculators seeing this as a signal to push the price up. BTW, I don't consider 660 BTC that huge amount of coins. You can make a market order for that quantity and the slippage is minimum. If we speak about +1,500 BTC... Well, that's another story. |
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Seeing the pricing you propose for 1TH in model B (1,000-1,200BTC/TH/year), I'm afraid your IPO price will be too expensive. I would take into account that Bitfountain's IPO price was 0.1BTC per share, for an expected deployment of +250TH. If I do not recall it wrong, each share is 1/400,000 of the total profit/hashrate, which means that their price for TH was 160BTC, not a hefty 1,000-1,200BTC price tag.
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Donating right away. PIHKAL and TIHKAL are two must read books for any Aldous Huxley fan, same thing for anyone interested in reality vs. perception or altered states of consciousness in general. Sasha Shulgin is an absolute genius, he did not only invent MDMA but also 2CB and other hundreds of derivates. And he tried them ALL, documenting its effects  |
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Does anyone know if they intend to honor positions in the pre-order "queues" they put in place from the beginning? Thinking of these e-mails... Order ID: 3xx The desired goods: KNC Bitcoin miner numbers 1-500 Quantity: 4 Name of the customer: xxx xxx Email: xxx@xxx.comPhone: xxxxxxxx Comments: ... We definitely need more competition between ASIC manufacturer, so KnCMiner can only do good if they are a serious business with the required competences IMO. Yes, I spoke with Sam and he told me they are definitely respecting the queue numbers. I have a super early preorder (order ID way below 100), and he told me that I would receive the units in that preorder in September. Additional units should be delivered in October. really? So what is this order for? Order ID: 39 The desired goods: KNC Bitcoin miner numbers 500 + Quantity: 1 Name of the customer: xxx xxx Email: xxx@xxx.comPhone: xxxxxxxx Comments: ... For whatever you wish to order. They will respect your place in the queue. Anyhow, nobody should panic. It sounds almost science-fiction, but they say that ALL the orders will be received by October. So, first 500 have no more than 1 month advantage, which is not such a huge difference. Anyhow, all this is too good to be true. Just remember the huge problems BFL had. Everybody with working ASIC is using 110nm technology. This guys say they will develop 28nm technology and have the units tested and ready to ship by September. Even if they are in good faith, let's not forget that previous history teaches us that what they are pretending is a very difficult task, and that every other ASIC manufacturer incurred in delays. |
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News is perceived differently depending on the juncture of the market. It is not the cause, only the trigger.
Also, some of those things you listed did nothing, or they were reversed immediately. An example is the DHS/Dwolla news and the VCs/the conference. You could create a bigger list of events that ended up in that category.
The only news that really triggered a significant move and attracted an important quantity of new money was "Bitcoin broke ATH and is going up up up" Everything else, including the Cyprus situation which seems so important for everybody, didn't do shit in the grand scheme of things, apart from affecting super short term the price because of speculators already in this game overreact to every Bitcoin related press release. |
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OMG, Amir removed his Mohawk... That must be a bearish signal... |
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During down trends, you can always spot big sellers looking to increase their profits creating bull traps
Can you explain this a little bit in details? Thank you. If you are loaded with both coins and fiat and you want to sell a big chunk of coins you can place big bids and move them to push the price up and sell higher. |
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During uptrends some downwards manipulation is expected (bulls love to buy coins in bear traps) During down trends, you can always spot big sellers looking to increase their profits creating bull traps But when the market is stable... Its 99.99% just an impasse in the market, just a natural situation preceding the next trend. Occam razor. And take your tinfoil hats off from time to time  |
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Yeah, it was pure luck. And completely crazy that such a big sell stops precisely at my bid (it did not fill it completely, just mostly).
Love that when it happens Anyhow I love even more when the bid is filled completely, even if that means that the very bottom was a little lower |
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What Malawi said, due to the high volume of trade on Mtgox the price fluctuations will be faster and more volatile.
Where as the smaller exchanges will react slower to any price movements, possibly missing them all together.
Nonsense, volatility is actually reduced by an increase in volume. The difference in price that is observed is due to the fact that the MTGUSD is declining in value after the US-seizure ongoing shitstorm. This. There is a non negligible amount of people who bought BTC at Gox to withdraw their money quickly. 30% of the BTC on Gox's order book vanished just after the Dwolla situation (aprox. BTC50k said bye bye to Gox shortly after the Dwolla email). IMO fiat will pour out too, but much slower. And still, there are a lot of traders with verified/trusted status on Gox which may not be confident enough to move their funds fast to another exchange with smaller liquidity and shorter history on the market. Kinda of "wait and see" situation, unfortunately infrastructure it's still unacceptably weak, mid term ending Gox absolute domination is good and necessary, but short term competitors are not solid and well established enough to absorb Gox's volume. Geez, check the depth, on Gox we still have x20 the amount of fiat compared to Bitstamp. |
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What kind of malware there was on op's original link? I clicked on it unfortunately.
Agreed, is there some indication of malware at the alleged site location? I second the scammer tag. The altered link for "zerohedges" is a malware site.
Is it? Please give more details, as stated earlier I dumbly clicked on OP's original link, before it was edited by the mods. |
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What kind of malware there was on op's original link? I clicked on it unfortunately.
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It's just that there is no rush, neither to buy nor to sell. No panic ATM.
There's definitely someone selling little by little as soon as the price goes up a small %, but he is doing it in the right way, avoiding sleepage.
Anyhow, IMO more time passes with this stability, more sellers will get impatient. Fiat is slowly decreasing on Gox, while at Bitstamp there's still pocket money, and I really do not see how that could change fast. I don't see buyers getting nervous.
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I don't know how many times I have to say this but you cannot have a bank account in the world. You have to keep your money in the form of either cash or investments like collectibles or bitcoins persay. If you keep it in a bank, you pay huge taxes. If you live in a normal country where the banking system is much more reliable, aka not these weird european countries who aren't relevant, then they won't ever take your money, but paying the huge taxes automatically excludes that option.
They won't take your money? They took billions from US citizens to cover their holes... Where are you from? Don't you remember the "bailout"? So YES, they will always take your money, they will make profit with it, and when their gambles go wrong you will pay the bills. And that happens in every "normal country" in the world. |
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From Kncminer website: Previously registered customers
The customers who have previously registered interest in our products will be given the opportunity to complete their orders for either Mars or Jupiter. The preregistered customers will keep their queue position for the new products.
More info will follow in next few days. |
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That is what I am referring to indeed.
I would like to use my pre-order (that was changed to what you say) to buy a Mars model.
I'm surte you will be able to buy whatever you want with your preorder. You just booked a place in the queue, that's it, regardless of the unit (or I see it that way). |
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Does anyone know if they intend to honor positions in the pre-order "queues" they put in place from the beginning? Thinking of these e-mails... Order ID: 3xx The desired goods: KNC Bitcoin miner numbers 1-500 Quantity: 4 Name of the customer: xxx xxx Email: xxx@xxx.comPhone: xxxxxxxx Comments: ... We definitely need more competition between ASIC manufacturer, so KnCMiner can only do good if they are a serious business with the required competences IMO. Yes, I spoke with Sam and he told me they are definitely respecting the queue numbers. I have a super early preorder (order ID way below 100), and he told me that I would receive the units in that preorder in September. Additional units should be delivered in October. If you read correctly he was saying about the 2 earlier models pre order with number 1-500 and this 2 earlier models was subsequently change to Mars, Jupiter and Saturn. Provided you have pre order early for Mars, Jupiter or Saturn otherwise how to be in the earlier queue? Unless you are referring to Mars, Jupiter and Saturn? I made a preorder at the beginning of April, I really do not remember what units were they selling at that moment, but I know that now I want the 350GHs thing (which I think was not available at the beginning of April). Anyhow, the preorder states: KNC Bitcoin miner numbers 1-500 Sam told me that queue number would be respected, and I would receive the units of Jupiter I preorder in the first batch (September) - the rest of units (let's say I want to buy 5, and I only stated "1" unit in the preorder) will be received in October. |
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<Sticky: One word per post!>
Once upon a time, there was a Jesus. She walked out unadorned. Then, as bagpipes blared and didgeridoos fell, the star exploded.
Enter the vassals, creating comically obscene gestures with cryptocurrencies. Jesus cried!
Andy B. Casagrande immortalized the scene with photography. Space robots had been shoving corn vicariously into other crevices, hoping that Pneumonoultramicroscopicsilicovolcanoconiosis... perhaps silicosis, or QueerOsis, or trees could accomplish impossible synchronizations.
Fifteen wishes weren't exceptionally productive. She touched herself vigorously with tremendous pillows; creaming out butter flavored LiteCoins. Ironically, Bitcoins never lowered the dust limit so that Luke-Jr would be anally probed by martians invading us to steal our fish for little did we know, Fish is the solution to all our global problems! Seamen relentlessly fapped out the next generation of ASICS which actually works without any electricity at all. Powered by shipwrecks, signals meant that mermaids knew cryptographic encryption algorithms' weaknesses in theory but, in reality, Rpietila gave all.
Thursday passed without BFL taking the biggest shit, which when combined with their largest fanboy, Atlas, every miner stabbed Satoshi irregardless. Meanwhile, trolls eating crow poop, crow testicles, and God's vagina laughed.
Artichokes roasted sweetly over flaming gays, joyfully prepared numerously spiced blockchains sacrificing virgins disregarding matter. Therefore Jesus announced peasantry raping holidays. Upon reflection, Jesus quixotically decided retroactively somewhere in Reptilia's bosom to fuck an ant hill and myrkul touched himself feverishly ravishing all pillows! Lophie touched electrically his "contacts", pondering why her earlobes looked so tasty dipped in mustard sauce from Meze's toilet. Meanwhile, under scrutiny from DHS, MTGox got DDOS'ed by CIA bots, Chinese pygmies licked thousands, drooling custard from cracks forgone.
Alas, we combusted gloriously into eternity with malevolent douchenozzles. Faunlets screamed condescendingly into their rapists' buttholes. Nymphet's carefully propositioned orgies began fondling Eminem's mobile phone until climax commenced. Jailbaits serendipitously surrounded Clinton's ASICS with their pussy cats. "STOP!" The sign clearly said across a dark alley. Cheese fell curiously from long faces, inedible, moldy, green, and cheesy testicles blossomed into uncanny tsundoku associations. Yanderes' throbbing cunts glistened against Ripple.
Meanwhile, in MtGox headquarters, Three musketeers manipulated cocaine
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