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41  Bitcoin / Bitcoin Discussion / Re: Bitcoin U.S. Trademark Application DROPPED – He’s Trying It Abroad on: July 10, 2011, 08:19:44 PM
The rule of law will decide this.  If he is first-to-file in certain countries and that is the law, then bitcoin trademark is his rightful property.  I applaud him for utilizing the system as it is designed.
42  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 02:55:29 PM
I just don't get why if everyone is so confident Bitcoin WILL reach $20 again demand is so low?  The markets tell the story.  What people are actually doing is selling, not buying.  Put your money where your mouth is!  At least I have done that by selling.

You are telling us that you don't believe in Bitcoin but you are sticking around for... ?  for the lulz?

Yes I do find it an interesting project.

And the reason you are pushing your agendas is...?   (no need to answer this)

Stating a prediction is not pushing an agenda.  For me, this thread will be most entertaining when I bump it in the future.
43  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 02:51:11 PM
I just don't get why if everyone is so confident Bitcoin WILL reach $20 again demand is so low?  The markets tell the story.  What people are actually doing is selling, not buying.  Put your money where your mouth is!  At least I have done that by selling.

You are telling us that you don't believe in Bitcoin but you are sticking around for... ?  for the lulz?

Yes I do find it an interesting project.
44  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 02:48:21 PM
I just don't get why if everyone is so confident Bitcoin WILL reach $20 again demand is so low?  The markets tell the story.  What people are actually doing is selling, not buying.  Put your money where your mouth is!  At least I have done that by selling.

Do you have to be confident either in it rising or falling? How's about a more agnostic and honest approach in that we don't have the means to predict the future......There is no crash, there is no boom, there is only the value of BTC now.

The project continues......

I agree with that.  Note that I do not predict a crash in this thread.  
45  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never reach $5 again on: July 09, 2011, 02:47:12 PM
Seriously though you are the 2nd person to mock me in this copycat way.  I thought that stuff stopped after 5th grade.
46  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never reach $5 again on: July 09, 2011, 02:46:36 PM
Troll!!!
47  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 02:42:55 PM
I just don't get why if everyone is so confident Bitcoin WILL reach $20 again demand is so low?  The markets tell the story.  What people are actually doing is selling, not buying.  Put your money where your mouth is!  At least I have done that by selling.
48  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 02:01:32 PM
This thread is worthless.

Considering you are a bitcoin journalist you should be open to diverging views or is BitcoinWeekly the Fox News of bitcoin?
49  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 01:58:34 PM
It is remarkable how often the word troll is used around here.  Truly amazing.  And, we have a poll where something like 1/3 of the people here expect Bitcoin to grow 7-fold to over 100 by the end of the year, and they are seen as the reasonable ones.
50  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 01:57:16 PM
It has not been at $20 since the crash I believe.  
51  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 09, 2011, 01:55:40 PM
This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.
Are you trolling?

No.
52  Economy / Speculation / Bitcoin will never reach $20 again on: July 09, 2011, 01:49:40 PM
This is why I have liquidated my position in Bitcoins.  There is very little upside going forward.  No forward moves of late have any traction whatsoever and demand continues to lag.  Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.
53  Bitcoin / Bitcoin Discussion / Re: Shout Out To AnonX For The 37.5 BTC Fo' FREE on: July 05, 2011, 10:49:40 AM
Has anybody turned over his information to law enforcement yet? 
54  Bitcoin / Bitcoin Discussion / Re: Everything looks fine on the logarithmic charts on: July 05, 2011, 01:20:56 AM
Doesn't look that "fine".  It's a deflationary currency so we should expect an upward trend and its clearly flatlined (slightly down even) for a while now.  Could argue Feb-Apr was similar, but I think we're seeing a downward trend right now.

Not really accurate, now is it? Bitcoin is deflationary in the long run, but at the moment there are thousands of new bitcoins mined every day... The current period in the bitcoin cycle is remarkably INFLATIONARY, and yet the currency manages to somewhat hold its value... Not bad, eh?

Not really.  The dollar is inflationary, but you don't see it declining over 10% in a single day.  All that stuff is already priced into the market.
55  Other / Off-topic / Happy Independence Day!! Long Live the Dollar! on: July 05, 2011, 01:19:29 AM
Hope you're having a great 4th.  Long live the Dollar!!!
56  Bitcoin / Bitcoin Discussion / Re: Everything looks fine on the logarithmic charts on: July 04, 2011, 11:48:06 PM
Doesn't look that "fine".  It's a deflationary currency so we should expect an upward trend and its clearly flatlined (slightly down even) for a while now.  Could argue Feb-Apr was similar, but I think we're seeing a downward trend right now.

Hey 'economist' it's only deflationary in the long term.  Right now it's highly inflationary.  The supply of bitcoins is increasing as miners discover new blocks and the only reason it is holding its value at all is the expansion of the bitcoin economy.  

Wrong.  It's not even holding its value as you say.  It's declining.
57  Bitcoin / Bitcoin Discussion / Re: Everything looks fine on the logarithmic charts on: July 04, 2011, 11:38:12 PM
oh I had to educate myself about logarithmic charts. (Used in earthquakes and solar flares or any thing that uses a large number variances.) like our horribly unstable bitcoins.
I still don't understand how to read this chart though. how is this different from some thing like a Moving average? only a 9th grade education sorry  Tongue



The idea is that a jump from 5 to 10 should be seen the same as a jump from 10 to 20.  In both cases you double your money.  What's important is the % change not the absolute value in change.  Logs show percentage changes.
58  Bitcoin / Bitcoin Discussion / Re: Everything looks fine on the logarithmic charts on: July 04, 2011, 11:21:09 PM
Doesn't look that "fine".  It's a deflationary currency so we should expect an upward trend and its clearly flatlined (slightly down even) for a while now.  Could argue Feb-Apr was similar, but I think we're seeing a downward trend right now.
59  Bitcoin / Bitcoin Discussion / Re: Shout Out To AnonX For The 37.5 BTC Fo' FREE on: July 04, 2011, 08:29:40 PM
Hope you go to jail.
60  Economy / Economics / What if money expired? on: July 04, 2011, 06:09:52 PM
Let's say money had an expiration date.  You had to spend it by a certain date or it would become worthless.  This would sorta be a built-in stimulus.  What do you think the effects of this would be?
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