log.
scale.
un- sus- tain- able.
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"The fundamentals are sound." —Famous last words of every Wall StreetBitcoin cheerleader in history
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I don't even have to post that bubble anatomy chart anymore. If it looks like a bull trap, smells like a bull trap it is probably a bull trap.
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Uhh 14% a week is 91000% a year. (910 times) Even pirate didn't pay that much.
No one said it was a small amount. I think we're back to following that trend now though. You can think whatever you like.
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I kinda like MtGox. It's way more open and cheaper and less bureaucratic than conventional stock exchanges.
Hahaha nice
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Thanks for that. This would make a good bubble meter. History tells us that anything more than 41% is bubble territory. That would make a great upper limit. The price movement in the next few weeks should tell us if 14% is the lower limit, or if in fact it is something even lower (I don't think it could be less than the % change from Jan '12 to Jan '13 though, just eyeballing it, it looks like 2-3% per week?)
Uhh 14% a week is 91000% a year. (910 times) Even pirate didn't pay that much.
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I would give 12% odds for the following statement:
"Placing a bid order now at $32 in Mt.Gox, it will be fulfilled before end of 2013."
About 22% for the following:
"Placing a bid order now at $49.9 in Mt.Gox, it will be fulfilled before end of 2013."
And how do you calculate those odds? Let me guess: "Intuition" You're trolling hard That post was like 5 days ago... That doesn't really make a difference. I am serious, this guy makes a lot of bold statements, and tries to appear authoritative without any data to back it up. I'm calling him out everytime I see him post this way, maybe he will get it. He's my new project if you will.
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Doesn't a downward consolidation after a rally indicate a continuing rally?
Only in a bull market.
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I would give 12% odds for the following statement:
"Placing a bid order now at $32 in Mt.Gox, it will be fulfilled before end of 2013."
About 22% for the following:
"Placing a bid order now at $49.9 in Mt.Gox, it will be fulfilled before end of 2013."
And how do you calculate those odds? Let me guess: "Intuition"
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Fundamental evidence that would cause reconsideration would be a significant increase in bitcoin demand, such as a flood of new investors with reignited enthusiasm.
I don't think you should act in haste. But seriously, how can the price fall if this is what is happening, no matter what you or I think, duh? So you are playing software architect now? That's a new role. Nevermind the fact that we have a subforum and a mailing list for project development. Oh I forgot you are not a nerd, hmm?
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I sense lots of bullish sentiment.
I smell a gargantuan pile of bullshit. I smell someone who has recent losses on the bitcoin books lol WTF are bitcoin books?
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LTC is skycrashing!
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I was quoted $200 for such a service. (I did not order it.)
Another obvious instance of made up bullshit from this guy. I don't understand... do you not know how to internet? Ordering a DDoS is as easy as 1,2,3, and we know that they cost money, therefore, it is logical to assume that if one were seeking quotes for DDoS attacks, either out of curiousity or ill intentions, one could find a quote. That is just common sense, Broseph. Now, a DDoS quoted at $200 might not do much against MtGox/prolexic, so if you are questioning the effectiveness of a service provided for $X quote, then sure. I'm with you. But if you are saying "it is impossible to be quoted X amount for a botnet operator to perform a DDoS attack," I am saying "you are severely misinformed in how the internet works." If you spent an hour looking on darknet pages you could easily contract a botnet operator to perform such a service. Note that I am not condoning illegal activities in any way, I am just refuting what seems to be a refusal to recognize that the world is an evil place on your part. Yes, a black market exists - not just for drugs and guns but for computer services as well. Common. Sense. Broseph. Just read his other posts. This is a guy who is trying to establish the use of millibitcoin for the prices, posts about what he had last breakfast in this forum here and likes to pretend to be on wall street. So no this guy wasn't "quoted" anything. Really read what this idiot posts its a freaking brainfart.
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I sense lots of bullish sentiment.
I smell a gargantuan pile of bullshit.
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I was quoted $200 for such a service. (I did not order it.)
Another obvious instance of made up bullshit from this guy.
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Great... Just what we needed... The BTC-E Trollbox has spread to bitcointalk. The trollbox has always been tame in comparison.
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Yea because gox getting DDOSed today is going to seal going below $50 a week from now.
Not because they are attacked but because they are helpless to defend themselves against it. They've been more helpless than they are now for the past 3 weeks. One more DDOS doesn't matter any more or less than the other 20. {"result":"success","return":{"lag":1464020608,"lag_secs":1464.020608,"lag_text":"24 minutes","length":"2321"}}
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Yea because gox getting DDOSed today is going to seal going below $50 a week from now.
Not because they are attacked but because they are helpless to defend themselves against it.
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mtgox 0.02 a few seconds ago ^124.77
Along with 15 minutes of lag. Cutting edge systems!!!1
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