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4061  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2014, 01:08:57 PM
* Goat needs money for lawyers in hookers case and decides to dump all his BTC
4062  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 31, 2014, 12:46:51 PM
Rpietilla, any luck with your Gox withdrawals?

4 days here - no bitcoins, no words from Gox.
4063  Economy / Speculation / Re: Goat's speculation thread (currently HODL) on: January 31, 2014, 12:44:20 PM
Could you please post a flow diagram and a detailed chart with TA and lines detailing exactly how to execute the hodl strategy?

TERA in grocery shop:

Give me pound of MACD and 2 pounds of SMA please.
4064  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LEASERIG.NET - rent mining rigs - now with BULK & SHA256 support! on: January 31, 2014, 12:46:11 AM
I haven't read whole thread to be honest..

So, what is the point of hiring these when you could buy coins at cheaper price than you pay for the rig hiring.

Only if you could pick any pool you want and eventually gamble on just announced coin that you still can't buy. Can you do that?

Thats pretty much the point, (and yes you can pick whatever pool you want) risk a new coin or an existing coin, hope for it to rise, cash out without having to buy/sell or have equipment/maintenance to deal with.

That's good about new coins and it's actually only point that may pay of. I can buy any coin on exchange cheaper than what I'd get with hiring rig.
4065  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LEASERIG.NET - rent mining rigs - now with BULK & SHA256 support! on: January 31, 2014, 12:30:18 AM
I haven't read whole thread to be honest..

So, what is the point of hiring these when you could buy coins at cheaper price than you pay for the rig hiring.

Only if you could pick any pool you want and eventually gamble on just announced coin that you still can't buy. Can you do that?
4066  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 10:02:47 PM
MABtc is charter, just like TERA. You can say whatever you want, unless MACD says that they don't care Cheesy
4067  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 10:00:36 PM
Nice timing for a reconsideration Mr. Lee:

"“Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee."

Such coincidence.Wow

hopefully this is a correct interpretation of the law, and they will be allowed to do this. but china doesn't want money leaving the country, maybe chinese regulators will ask US regulators to make sure a chinese person is not allowed to exchange their bitcoins for USD via an exchange.


It seems mister Lee single handedly destroyed BTC-China with his overly negative view he presented a month ago. It seems it never was prohibited for the banks to send money to an exchange.


In other words - he shat his pants, that's what Chinese Government does to you Cheesy
4068  Economy / Speculation / Re: Have any of you prepared "Victory Speeches" yet for when Bitcoin goes $10k+ on: January 30, 2014, 09:08:20 PM
Don't need a speech.

To my closest friends: heres $1m in bitcoins, enjoy and remember you could have had many times more if you listened to me when it was at $5.


Wow you would have $1m in bitcoins to just give away?

Whale spotted

He lost thousands of BTC on corrupted drive and he still have thousands of them.
4069  Economy / Speculation / Re: Massive buy order only on Bitstamp. on: January 30, 2014, 06:52:12 PM
Your enemies? Like we give a shit Cheesy

You are your biggest enemy, you sold at 10$ and still have guts to call people with 2.5 millions idiots, lol  
4070  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 06:48:25 PM
BTC China was first big Chinese exchange, that's why people have soft spot for it.
4071  Economy / Speculation / Re: Have any of you prepared "Victory Speeches" yet for when Bitcoin goes $10k+ on: January 30, 2014, 04:00:18 PM
Don't care about speeches, just want to take care about me and my family and enjoy what's left of my life with less stress and more time with people I care about.
4072  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 03:52:23 PM
But in the next 24-36 months, bitcoin is somewhere between 10k-50k. It simply has to be. The scale at which the entities getting involved now operate scale wise, bitcoin will be forced there. And 17 year olds that mined this useless Internet money will have their minds blown.

Ah, the forced $50,000 per Bitcoin in 2017.  Let's see what this means.  

If miners decide to sell all their mined Bitcoins, (or 50%), this is how much daily fresh money is needed on the exchanges for the price to be stable:

2014-2016 :   $180 million ($90 million daily if 50% sold)
2017-2020:   $90 million ($45 million daily)                          <--- look here
2021-2024:   $45 million ($22 million daily)
etc.

Don't forget that they have to sell to cover their electricity costs. So, if Bitcoin is $50,000 in 2017, good luck in finding that daily fifty million dollars.


The US National Debt has continued to increase an average of $2.49 billion per day since sept 30 2012... good luck in finding that too Grin

edit: http://www.brillig.com/debt_clock/


this clock is much better:

http://www.usdebtclock.org/

Smiley

It's even worse in UK, they have a debt of 160 000 per capita, 3 times more than USA
4073  Economy / Speculation / Re: The Dump is on on: January 30, 2014, 05:12:12 AM
This is the slow boiling frog dump.  This happened last year after the big spike to 260 and resultant crash to 50.  Price bounced back to over 150 and then traded around 100 for a long while slowly drifting lower over months before an accelerating fall to 65 in July.

We are pretty much stuck between 600 and 800 and will probably accelerate to 400 sometime late Spring early Summer and then bounce back.

Yep. because past performance is always a guarantee of future ones.

Specially compared with summer of 2013. when we pretty much thought it's matter of a time when Bitcoin is going to be banned by USA and then rest of the bunch, or something like that, and today when we pretty much are assured it's going to be ok and legal.
4074  Economy / Speculation / Re: The Dump is on on: January 30, 2014, 05:06:19 AM
Wait for another day or two, if China comes with some shit you might have some short time chance to buy some cheaper coins.

If that doesn't help, than my advice would be to buy. It might go down a bit after you buy but that's not guaranteed and too much waiting might make you to be late.

Jan 31st was the deadline for some of the China stuff...could be a price drop then, but who knows a lot of times things go backwards from logic

Of course, but I guess the award of eventually having lower entry point for newcomers is good enough for the risk of having bit higher.

I obviously won't sell all my coins but if I would just be entering the game I'd wait for few days before doing it.
4075  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 04:57:23 AM
Pretty aware, since my 10.8 BTC are there for more than 3 days. Few months ago I'd want hitman to find Mark for that amount.
4076  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 30, 2014, 04:50:33 AM
I'm always amazed at how much butthurt can be produced just by reading someone's forum posts.

Blit's actions in summer pissed me more than anything I've been reading on this forum as I strongly believe the man who was talking shit about Bitcoin should never be a moderator on Bitcoin forum though he is doing his job pretty well beside that.

Now he says he was trolling but whatever, moderator here should not act like that.
4077  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 30, 2014, 04:47:37 AM
Maybe, otherwise trolling is always good excuse to use if you are wrong on something.

Now I look as idiot after you deleted your previous post  Grin
4078  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 04:46:34 AM
BTC CHina apparently restored direct bank deposits:

http://www.reddit.com/r/Bitcoin/comments/1wipty/btc_china_enabling_direct_deposits/

One of Winlewoss brothers confirmed it's a real.
wow. this is big! China is back  Cool
unless this is a hoax

Well, most probably it is. I thought it might not be as I thought it is one of WInkle brothers, I know they are on Reddit.

Those that posted this though are encouraging people to register and check themselves but I can't bother to be honest.
4079  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 04:44:50 AM
BTC CHina apparently restored direct bank deposits:

http://www.reddit.com/r/Bitcoin/comments/1wipty/btc_china_enabling_direct_deposits/

One of Winlewoss brothers confirmed it's a real.
You know that there is no "John" Winklevoss? They're named Cameron and Tyler. And why would you believe this is an account of theirs in the first place?

Opss, not really, Winklevoss is all I know about them two. SO, maybe it's not one of them then, lol
4080  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: January 30, 2014, 04:42:01 AM
No, you were not warning of possibility, you were warning of certainty.

You're uber bull now with all your bearishness compared to bullshit you were talking in June/July.

I agree about being careful and protecting new wealth that is created but that's about all I agree with you after all crap you posted here last summer.
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