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3621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2014, 08:07:56 AM
Cryptsy still at $390   Huh  and the rest of the world at $345...

Can someone send an Email to Cryptsy traders?

Cryptsy USD market is so tiny that movements down tend to lag. Should be great though in a case of squeeze up.
3622  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 09:21:35 PM
the next 50 pages are definitely critical.

In before the 10.000th page....
3623  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: November 17, 2014, 10:16:59 AM
And the price continues to fall.

My outrageous LTC bids have not been hit yet. Such drama  Roll Eyes
3624  Economy / Speculation / Re: [prediction] Next spike $560,000 14 months from now on: November 16, 2014, 06:18:05 PM
That's how I like charts: mind boggling  Roll Eyes
3625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2014, 12:04:37 PM
Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?
[...] a giant ponzi scheme.

You described the stock market.

close you could fairly say I'm describing a lot of penny stocks, however a typical stocks value isn't an arbitrary figure as a profitable company adds value to the stock in terms of re-investing in the underlying business and to share holders in the form of dividends.

It is still the same. For each seller there is a buyer. Its a zero sum game depending on how people value the item traded. No more, no less.
3626  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has reached the tipping point on: November 15, 2014, 11:41:47 AM

I am HODLING
3627  Economy / Economics / Re: Bitcoin is Freedom on: November 15, 2014, 11:37:10 AM
Bitcoin The Internet is nice way to get money from stupid  Smiley And scams  Smiley Smiley

[flashback 1993]
Don't invest in the Internet!!
[/flashback 1993]
3628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2014, 11:34:54 AM
Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Most people purchase Bitcoins in the speculative hope they can later profit by selling them at a higher price to other market participants. As it's mathematically impossible for this to continue ad infinitum it's foolish to think you can continue to make money at the expense of other market participants (of which you yourselves are among) beyond the peak of adoption.

Once adoption rates have peaked, which they more than likely did last year, there's little left but a massive downside caused by an imbalance of those wishing to cash out vs new money coming in from those wishing to speculate on further price rises.  As the imbalance becomes more apparent new adopters are likely to become fewer and fewer thus escalating the downside.

As more people start to realize risk/reward is a bad bet and that the coins are gradually becoming worth less vs USD, a cash grab situation is likely to arise in which people will become aware coins are actually only backed by buy orders amounting to about 0.01% of the arbitrary market capitalization. This situation could be immensely profitable for those buying into the next round of folly.

All those who have become rich from Bitcoin have simply done so at the expense of later market participants, many of whom are likely to realize large losses on the flip side at some point. Hence why it's reasonably comparable to a giant ponzi scheme.

You described the stock market.
3629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 15, 2014, 10:24:34 AM
Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?

Anybody with half a brain.


That is quite a prerequisite.
3630  Economy / Economics / Re: Bitcoin is Freedom on: November 15, 2014, 10:17:03 AM
It's vastly superior because it is transparent (no fraud possible) and not restricted (no barriers). Economic wisdom prescribes that things will be done with the least friction possible: enter Bitcoin.
3631  Economy / Economics / Re: Gold is actually overvalued in real terms on: November 15, 2014, 10:08:04 AM
I guess the only relevant question is what you would want to hold in the financial crisis to come (assuming the Big One): paper or gold?

For true stackers, the current price of gold doesn't matter one iota.

"... Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. ..."
3632  Economy / Economics / Re: Is Bitcoin at the Mercy of Central Banks? on: November 15, 2014, 09:55:04 AM
There are direct ways as well.

Bangladesh Central Bank: Cryptocurrency Use is a 'Punishable Offense'
http://www.coindesk.com/bangladesh-outlaw-bitcoin-jail/

Honey badger.
3633  Economy / Speculation / Re: Breaking news! Bitcoin is headlines on: November 15, 2014, 09:47:12 AM
Grin you have wild dreams , but $9999 sound good .
We will have lot new rich guys all over the world , but drop to $ 250 sound scary  Grin

No. A drop means opportunity.
3634  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 on: November 15, 2014, 09:38:02 AM
Coinflow, a question:

How could we create a webpage where will be the top 100 of mooncoin address ?

Where we place the biggest wallets in amount.


Like this rich list

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

No, that would show that 50% of Moon is held by a handful of people.
3635  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014 on: November 14, 2014, 05:05:05 PM
The large Mooncoin holders are very generous.
3636  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PPC] Peercoin Official Thread: PPC Accepted Everywhere Using ShapeShift Lens on: November 14, 2014, 05:03:57 PM
Very cool. Peercoin is.on a tear lately news-wise. Great moment to increase exposure to this coin.
3637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 14, 2014, 01:53:57 PM
If this is wave 3 it will be crazy

Too soon.
3638  Alternate cryptocurrencies / Altcoin Discussion / Re: 2014 Proof of Honor (POH) Awards - Nominate an Individual! on: November 13, 2014, 10:22:23 PM
I nominate Sunny King.

For creating a different kind of cryptocurrency: Peercoin.

Main thread: https://bitcointalk.org/index.php?topic=101820.0
3639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 13, 2014, 04:44:17 PM

I only have 2 coins and i'm not gonna gamble with those.

Long term HODL for you, Sir..
3640  Economy / Speculation / Re: [prediction] Next spike $560,000 14 months from now on: November 12, 2014, 10:24:57 PM
fap fap fap~

^^^^ the results of a puny $100 surge  Grin.

Imagine a $10,000 leap  Grin
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