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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
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but I know that $300k per 1 BTC is delusional To not believe in $300k this year is a denial of the facts. Only a technical flaw in the algorithm or a superstealthfast adoption of a superior altcoin currently not existing, or an all-out wiping away of all mankind can keep USD/BTC from exploding this year. Already everyone who has any position in this world knows about Bitcoin. Just post any nugget of actual facts that can contradict my $300k this year or cease replying to me with nothing material, thank you. Ok man, accept the bet. Accept it or STFU |
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MtGox still down?  Yep, down for me |
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big sell wall pushing the price down. Is it a short and distort?
Its an Idiot Wall. Either an idiot trying to push the price down, or an idiot thinking they were 'selling into (non-existent) strength' when it was rising up to 118, hahaha. Seems more likely to be someone trying to push it down. You can't speculatively (profitably) long bitcoins, you can only short. So it's probably some supernode trying their capabilities (American likely), but I will be impressed only after breaching $.11. If I can do $.119->$.09752 in 3 days, surely others can do even better!  Um, you mention the word 'supernode' quite often but I don't understand what you mean by it. 0.0th class supernode = BTC1M
0.5th class supernode = BTC100,000
1.0st class supernode = BTC10,000
1.5th class supernode = BTC3,000
2.0nd class supernode = BTC1,000
2.5th class supernode = BTC300
3.0th class supernode = BTC100 |
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The guy really needs attention, he feels the urge to promote his delusions and fairy tales in this thread big sell wall pushing the price down. Is it a short and distort?
Its an Idiot Wall. Either an idiot trying to push the price down, or an idiot thinking they were 'selling into (non-existent) strength' when it was rising up to 118, hahaha. Seems more likely to be someone trying to push it down. You can't speculatively (profitably) long bitcoins, you can only short. So it's probably some supernode trying their capabilities (American likely), but I will be impressed only after breaching $.11. If I can do $.119->$.09752 in 3 days, surely others can do even better! Just check this shit. What I find amazing is that there is people that take this guy half seriously |
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Yeah? I haven't seen it yet...
Objectively describe the market (holding yourself to the same standards as you are holding everyone else) and describe how your model is better (or indeed different) from the models presented in this thread.
I am all ears.
Alright, I'll bite. I've been posting along those lines for a few times in the Wall Observer thread, so here's the barebone argument only: Based on my order book calculations (bid and ask totals, recent changes, and order book price composition), as well as money flow and momentum indicators of the past 2 weeks, and the fact that since the beginning of May no data points for any of the hypothesized downtrends exist anymore (while the mid-January uptrend is still possible, even if unlikely), I conclude the following: a) We are still in a consolidation phase. Movement in the coming week will be slow (barring world-changing news of course). b) Whether the correction is finished or not is too difficult to determine, and I would suggest not to waste time on trying to do so. Predicting the price movement of the coming week(s) is difficult enough, and sufficient knowledge for most speculators to act upon. c) I see a short-to-medium uptrend as the slightly more likely scenario than a further downward movement, for the reasons outlined above (money entering the order book), and the fact that according to the growth trend that brought us into the 100+ range, we're still *slightly* over target (the mid-January trend has us at around 100 now, so we're 17 above target right now), which means sideways trading for now works in favor of this trend. As for my own falsifying conditions: A sharp price decline below 100 within the coming week or two will invalidate my points made above. Falling to a new low will obviously be extremely strong evidence that the correction continues with full strength. I am not entirely ruling out that over the course of the coming week money will leave the market and prices might decline, and a sub-100 scenario could unfold, but I fully expect signs for this drop to manifest in the order book and money flow indicators first. Really enjoyed your analysis - I came to more or less your same conclusions observing the market, including the falsifying conditions. Nevertheless I have to say that evolve raised some valid points too. It's true he has his very own sense of bearish drama that some bulls may dislike, but I have to admit that I personally enjoy it  |
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All that makes no sense
Its Finland, no one will steal his computer in a fancy hotel if they did not know about a huge reward in it
If the funds did not move, you do not announce publicly that they are there, unprotected
Moving BTC to new addresses do not cost "thousands of dollars"
I think this is just a funny way of whoring attention, and telling people how many bitcoins he dreams to have.
BTW, he always said he had 2Kish coins, and super well secured - didn't he?
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random post on the internet is not a valid contract, proudhon owes me nothing.
Gotta love you Adam. Both you and Proudhon are one of the best reads in these forums, keep it up guys! |
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replikia, pm me, otherwise i cant help you, cause youre on my ignore list
Post of the day |
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....and if this is true expect a massive dump of 100K BTC - that would takes at $70ish in the best scenario - not even counting the stop loss orders and general panic that would trigger. Man, a 100k BTC market dump could well take us to very low double digits. If I were the hotel staff, I would dump the coins with a market order just to add insult to injury This is too unbeliveable, and in my mind probably FUD.. If no dump comes, than this story was clearly a lame attempt at relevance... Of course is FUD - what did you think this thread was all about? |
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Dear community,
a friend of mine is an ASIC designer and I'd like to ask him to build a Bitcoin miner or to make an offer for the desisn.
My problem is, that I don't have the theoretical background to tell him, what I need. I know the wikipedia-articles about Bitcoin, ASICs or SHA-256 but I'm not an expert at these things. That's why I need some technical background which I could show to the designer.
I cannot send him just the satoshi-docs. I have to give him some specific information.
It would be nice if you could help me!
Greetings,
r0sc0e
Do you want to be spoonfed? No one on these forums will tell you "what you have to tell him" for him to design a Bitcoin ASIC. He needs to read about Bitcoin to understand it, he needs to know about the cryptography in which Bitcoin is based, he needs to learn what bitcoin mining is, and then he may know where to start. |
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Sorry to seem so stupid but who administers the trust gateway/performs the conversion into fiat at a brick n morter?
The store and the customer would have each already selected a gateway. The Ripple network atomically performs the transfer of the payer's balance at their gateway to the recipient's balance at their gateway using whatever liquidity is available in the Ripple network through combinations of exchanges and pathways. Essentially, you trade some of your balance at your gateway for a balance at the recipient's gateway which you use to make the payment.Well, that is just how the old banking system works. |
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....and if this is true expect a massive dump of 100K BTC - that would takes at $70ish in the best scenario - not even counting the stop loss orders and general panic that would trigger. Man, a 100k BTC market dump could well take us to very low double digits. If I were the hotel staff, I would dump the coins with a market order just to add insult to injury Sounds like he's spewing BS to cap the price. Didn't he say something about his bitcoins are never even close to the same location at the same time..etc..etc Mmmm... True. I kinda remind that. Hope Risto can update us, I tried to use google translate on the finnish text he posted but it's impossible to understand a thing, it looks like some BTC were stolen but they do not know how many, a macbook was in a sauna and the delegates were in the bath from 9:00 to 23:00, and that some other BTC may not be stolen but the private keys may be lost. Boh, I really did not understand a word. |
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....and if this is true expect a massive dump of 100K BTC - that would takes at $70ish in the best scenario - not even counting the stop loss orders and general panic that would trigger. Man, a 100k BTC market dump could well take us to very low double digits. If I were the hotel staff, I would dump the coins with a market order just to add insult to injury |
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hello, you are back and alive! good so ...
but what do you mean?
and what happened at the summit?
you left people wondering (probably at purpose?)
that was not nice ...
What happened? I cannot understand a word. Everything ok?
Why are you people continuing to feed the vast hunger for drama of that guy? Sure, I enjoy his antics as much as anybody, but please tell me you weren't really worried for him. But okay, we're curious beasts... Google Translate (pretty shitty translation for this language pair, by the way, but better than nothing) gives me the impression that a) t hey were defrauded or had their private keys stolen by hotel staff, and b) rptiela estimates the damage to be in the range of 100k btc (or, as he helpfully points out, about 9M Euro).Sounds like quite the successful conference, I must say. /snark Are you joking? And the private keys where in an unencrypted wallet on a macbook pro that had no security (access code, firmware password, etc. etc.) on it? Man, I cannot believe this, but if it's true that the hotel staff were able to steal that huge amount of money (9M€ - WTF???) they are now reading these forums (where they got all the info to plan their stunt, BTW) and laughing out loud. Anyhow, I still cannot believe this, rpietila: wtf? |
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What happened? I cannot understand a word. Everything ok? |
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Pretty bad logic there. You move money into things of value, not the other way around. Don't try to catch a falling Knife...
The markets are up due to the Quantitative Easing funneling money into markets. They will print more but this can't keep up. Hence why BTC is up, a reflection of inflation (unlike manipulated gold/silver, which is only partially a reflection).
Money starts to move again in to BTC now.
I don't think there's anything that isn't a bearish sign to fourkey. I think he's wearing these:  Of course, he is shorting and in a world of pain ATM |
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Esta mañana he transferido otros 800€. No sólo me llegaron los 800 íntegros, sino que ni siquiera he tenido que esperar a mañana, en 4 horas y media está la pasta en Polonia O_o. Estos están viendo lo que se les echa encima y están espabilando (eso sí, diré que la transfe la hice a las 6 de la mañana). Off topic: hace un rato he hecho una transfe SEPA a Italia y al cabo de una hora y cuarto el destinatario me manda un mail y me dice que ya la tiene O_o. Como los bancos sigan así, voy a acabar abandonando bitcoin  . Qué surte. A mi me siguen tardando un mínimo de 2 días y un máximo de 3, dependiendo de si hago la transferencia a primera hora de la mañana o no. Lo que cada vez tardan más son las transferencias de EUR de Gox a mi cuenta. La última más de 20 días. La verdad, acojona un poco, no me quiero ni imaginar lo que pueden tardar si ordenas una transferencia realmente importante. Dicen que es porque tienen un límite diario, pero no tiene ninguna gracia la verdad. |
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