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3721  Economy / Speculation / Re: AHOY! on: April 28, 2014, 08:17:46 PM
Cap'n, looking at the charts it appears the Land of $10000 can be reached by September the Nineteenth.
3722  Economy / Speculation / Re: Final warning for those who sold their house on: April 28, 2014, 08:06:11 PM
Some dude on bitcointalk sold his parents' house for BTC. He's currently significantly underwater.

Yep.

The grade A clown done it when Bitcoin was still in $600 range if I remember correctly. He is in for a whole lot more pain as well as this market is still in a continual deflationary spiral, relying on manipulated short squeezes to provide for the fleeting (yet voracious) rallys that intersperse the downwards grinding.

....wonder if we have had any Bitcoin suicides yet?

Idiots like you said the same thing about people that blew their life savings on the $255 bubble. They win. You lost. Don't be such a crybaby.
3723  Economy / Speculation / Re: AHOY! on: April 28, 2014, 07:58:32 PM
Ahoy Skipper! Do you need a First Mate?
3724  Economy / Speculation / Re: is Bitcoin a wave or a particle? on: April 28, 2014, 03:29:17 PM
I used to think about two trading sentiments greed-fear ... but actually is easier to me think in terms of euphoria-depression ... the crypto currency market sounds like it's made by pump-dumpers-wolfs ... and I am kind of long term personality investor ... Tongue Embarrassed ... so sell on euphoria and buy on depression ... Roll Eyes



This reminds me of those "schools of psychology" were were told about in high school along with stages of grieving and wanting to kill your dad so you can have sex with your mom. It's all bullshit.
3725  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 03:03:47 PM
3726  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 02:29:25 PM
I have an idea in my mind but am not sure yet. Thinking about sending my last bit of cash to stamp because I have a feeling we will see that 340 again soon and then it will shoot up to 500 again Smiley

Shorting Bitcoin, risky business.

He's temporarily going long USD, he isn't shorting.

I bought coins @780 and 680 so I cant short them. But I can buy some @300-400 and short them @500 to reduce my loss. Thats the plan Smiley
Good plan if you have the patience.
3727  Economy / Speculation / Re: Final warning for those who sold their house on: April 28, 2014, 02:26:25 PM
$2 per coin. Really? Even I am not that bearish. I don't think it could possibly go below $140 unless there was a total failure of some sort. I got this number by connecting the support trendline from 2011-2012, and I'm not saying that it will even necessarily go there.

Could happen if FinCEN bans BTC
USA banning Bitcoin would be the best thing that could happen. It would prove Obama is from Kenya.  Grin
3728  Economy / Speculation / Re: is Bitcoin a wave or a particle? on: April 28, 2014, 02:04:42 PM
Bitcoin is a series of speculative bubbles on top of a 'real value' bubble.  Cool
So Bitcoin is like the head of a really good beer?
3729  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 05:46:51 AM
The lack of volume and the lessening volatility makes this look like a slow recovery. I don't blame people for being sheepish since Gox and the China fiasco, but these things are forgotten over time. Greed always wins.
3730  Economy / Speculation / Re: Above $550 by May the 4th on: April 28, 2014, 05:10:31 AM
The more bitcoins you hoard, the more they will slip through your fingers.

May the Fourth be with you.
3731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 04:59:55 AM
"BTC China ‏@btcchina  4m
@Quiontron Hi, we are still accepting deposits from Bank of China. All withdrawals are not affected. Thanks."   
3732  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 04:38:49 AM

"This means using anything other than US currency to buy alcohol in Ohio is prohibited."
Priceless
3733  Bitcoin / Project Development / Re: Islamic Bank of Bitcoin{}بنك بتكوين الاسلامي on: April 28, 2014, 03:02:36 AM
Are there any real Islamic banks interested in Bitcoin?
3734  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2014, 03:01:08 AM
It this the Final China Going Out Of Bitcoin Business Sale!
3735  Economy / Speculation / is Bitcoin a wave or a particle? on: April 26, 2014, 09:59:14 PM
If you watch the price constantly it seems to randomly go up and down and sideways.  If you don't watch it and look at its history it seems to form patterns.
3736  Bitcoin / Bitcoin Discussion / Re: How is Andreas Antonopoulos so positive that Dorian is not Satoshi Nakamoto? on: April 25, 2014, 06:13:03 PM
What a stupid question.
3737  Bitcoin / Bitcoin Discussion / Re: Didn't Bitcoin ban China? on: April 25, 2014, 05:51:07 PM
Bitcoin is banning China today (April 25th)...   Tongue
Confirmed
3738  Bitcoin / Bitcoin Discussion / Re: BIP 038 Bug on: April 25, 2014, 05:49:13 PM
U should also use the same os and browser version
If that were the case, then a lot of people will be surprised one day when their wallets won't open.
3739  Economy / Speculation / Re: [CAIXIN] CENTRAL BANK BANS BTC RECHARGE CHANNELS (DEADLINE MAY 10) on: April 25, 2014, 05:10:01 AM
This has got to be another hoax. Someone was bored with the stability.
3740  Economy / Speculation / Re: Can't stop Bitcoin from dropping down? on: April 25, 2014, 04:50:16 AM
Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.
Right. I could see Bitcoin in an encyclopedia:  "The very first decentralized cryptocurrency. It wasn't like the currencies you may know today, such as Cosmos. It took at least 10 minutes to do a transfer, the client took 10GB of disk space, and the network consumed massive amounts of energy resources, relying on a brute force approach to security."

Haha very nice. It's 29.1 GB right now btw Wink
More likely the Encyclopedia Galactica will read: "Bitcoin was the very last store of value called 'money' used since primitive early civilizations. It freed people from the imaginary borders called 'countries' and the barbaric laws placed upon their subjects."
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