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421  Economy / Speculation / Re: I'm a bear and proud on: April 23, 2013, 05:12:49 PM
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Furthermore the bitcoin will never reach $1000, bulls stop pipe dreaming, why would individuals risk $1000 of their hard earned fiat cash, for something that isn't backed by gold/ silver or a commodity, one way to get seriously burned, but the rationale of a group


100% proof that this Junior Profile "early adopter" has no idea what he's talking about. This is a classic example of the psychological barrier of a price of "1 whole bitcoin." It doesn't matter whether you buy 1 whole bitcoin or a piece of a bitcoin or 2 and 3/17ths of a bitcoin. The fact that OP is hung up on the "whole bitcoin = $$X" issue is a dead giveaway that he doesn't really understand bitcoin.

Individuals don't have to risk $1000 of their hard earned cash because "one whole bitcoin" doesn't matter. They can risk $200 or $5 or $5,000,000.

$1000 per One Whole Bitcoin is "unreachable," so what IS reachable? $1000 CAD for 3 bitcoins? 10000 JPY for one millibitcoin? $175 for 0.75 bitcoins? 3,000,000 pesos for a kilobitcoin? 14 remnibi for one satoshi? Take a discrete math class, for god's sake, this is all psychological.

In the code, bitcoin values do not even have a decimal place. They are just a big long string of integers. The decimal place is put in where it is for easy readability, and obviously in its infancy, one bitcoin being worth 50 cents or 1.75 was not psychologically outrageous. In the same way that some large companies split stocks to avoid the psychological barrier of a large stock value, using mBTC or smaller values solves the same problem. The whole number before the decimal DOES NOT MATTER! It is purely psychological. The fact that you do not understand this shows how likely it is that you are really an "early adopter," as the true early adopters tend to have done their research on the concept before buying in. 

Did you say you bought at $12?
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buoght at 12 dollars,

So you're not really an "early adopter." You bought in a few months ago and are calling yourself an "early adopter." Lol.



this!!!!!! + 1 +1 + 1 + 1
422  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 23, 2013, 05:02:07 PM
also if you want every exchange to fail and all of us to just use gox and have gox fuck up then keep being negative.  for people who belive in bitcoins you sure want it to be centralized and have one company control it. now that is so fucking sad.  Roll Eyes

Yes its sad that such lowball services get to the percent of the market share that it did. It wouldn't if there was a better option. This one is joke for any semi-serious player.


They also have a buggy trading engine, fucked up orderbook,

I've noticed the bid is sometimes higher than the ask. What is with that?

Thats just one of the idiotisms that you will meet using it.

ok you dislike bitstamp thats fine but what exchange do you like? no not gox but another one. tell me why you like it and the good and the bad about it as well. maybe even start your own thread tracking THAT exchange  Shocked
423  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 23, 2013, 04:58:25 PM
They also have a buggy trading engine, fucked up orderbook,

I've noticed the bid is sometimes higher than the ask. What is with that?

you can, and i have, put in orders a lot higher than the ask and vise versa, it will show but only for a sec, if you refresh its gone. ya supposed to automatically refresh, and it will but to speed it up then just refresh.   but it wont let you place a bid higher then 20%. i was trying to mess with it one day using like .02 bitcoins and see if it would raise the price and have it show on bitcoinity, but twenty on eather side is what it will let you do, also above 10% it gives you a warning that you are giving your money away and that your dumb lol.
424  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 23, 2013, 04:52:48 PM
So.... nobody is going to post a wall pic? What's the purpose of the thread then?

I'll begin.



I would eat that whole wall (124, while mtgox@127) but I'm out of fiat (and I never had that much to begin with).

THANK YOU!!! IT BEGINS!!!!!
425  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 23, 2013, 05:19:38 AM
also if you want every exchange to fail and all of us to just use gox and have gox fuck up then keep being negative.  for people who belive in bitcoins you sure want it to be centralized and have one company control it. now that is so fucking sad.  Roll Eyes



btw clay mathews is a little blond bitch that cant play a whole season and rogers cant beat the Seahawks. hahahaha
426  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 23, 2013, 05:17:04 AM
Bitstamp is best EU exchange. But they are trying too hard, this may results in security flaws.

1) they accepts 3 confirmation
2) easy password reset and send via email (just one click, simple for hackers)
3) bot can operate only without 2-factor auth. (high risk)

... still I'm using their services :-)


They also have a buggy trading engine, fucked up orderbook, kinda stealing with the fees via ultra lame implementation, not to mention buggy front end JS and fucked up interface, such that you need 3 open tabs to trade.
The next best exchange. So fuckin sad.

ya a few times i had isuess but has it crashed? has it made the market go down significantly? have they had to take there servers off line for 12+  hours? if they do go down will it hurt bitcoin to the point that it will take years (mayby) to recover. just saying. we need to think out side of "the gox"Wink  bitstamp is for me the better of the two evils. if gox is going up stamp is behind so i know to buy if its going down i know to sell. ill be ahead of the game. ya there are bad things but there are also good thing. if  you have 100S of coins then ya not the most secure place to put it but if you want quick trades and you coins to fiat fast with no lag then for sure stamp. good for about a hundo coins. but i have never had a buy/sell order that didnt go threw, as in orders like ten up ten down. they are a good exchange but if you want to stick with gox that is fine but the noobs should know about this exchange and gox should not have .70% of the market imo.
427  Other / Beginners & Help / coinbase? on: April 23, 2013, 05:07:45 AM
hey im just wondering if coinbase is working for anyone else or is it just me?!?
428  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 22, 2013, 08:42:34 PM
it seams the arbitrator bots are not picking up on bitstamps constant reduced price for bitcoins. price has been at least 5 or >  now around four dollar differential.   currently the price at STAMP is 120 while the price at gox is 124. cheep coins over at Bitstamp right now.

also its probably a bitcoinity thing but showing sever hours of no info on stamp, two separate occasions in the last 24 hours.

Historically (if you look at the 30 day average on bitcoincharts.com) the price on Bitstamp is usually higher than Gox.  I was going to tweak my arbitrage bot now that it seems to be trending lower than Gox, but figured I would wait a few more days to see if this is just a temporary thing or not

YA  still 4 or more dollars right now....but ive seen it at around two today as well. what arbitrage bot do you use? im not going on gox but camp bx and others i am on. i would like to start using it since im constantly monitoring the exchanges anyways.
429  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 22, 2013, 05:55:01 PM
it seams the arbitrator bots are not picking up on bitstamps constant reduced price for bitcoins. price has been at least 5 or >  now around four dollar differential.   currently the price at STAMP is 120 while the price at gox is 124. cheep coins over at Bitstamp right now.

also its probably a bitcoinity thing but showing several hours of no info on stamp, two separate occasions in the last 24 hours.
430  Economy / Speculation / Re: BITSTAMP echange wall Observer. second biggest and best exchange on: April 21, 2013, 09:00:28 PM
It won't last! Arbitrage bots will eliminate this when it's not due to a service failure

ya but still we gotta get the focuse of GOX if some one were to come on here to learn about BTC they would think MT gox was the only one people that are in the know are using.  that means another fuck up by mt gox with 70% of the money and coins and all the noobs go there then i dont think that they are changing. they will just put up with the lag and the bs and if they gett attacked then what. we need to decentralize our decentralized money. dont you think?!?
431  Economy / Speculation / BITSTAMP eXchange wall Observer. second biggest and best exchange on: April 21, 2013, 08:52:46 PM
BITSTAMP WALL OBSERVER.


A free service brought to you by the bitcoin community


we saw today that bitstamp stopped following mt gox and did its own thing. I think this is a good idea to stop focusing on MT GOX so much and let others know that there are other exchanges out there.

today demonstration of it leaving the norm by 15 plus dollars is a good sign that wee need a tracker for bitstamp as well as mt gox. for those of you who dislike,don't use, despise,mt gox or just love the ease and smoothness of bitstamp then this is your place

feel free to post whenever neccicary, and Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome,

BITSTAMP- NEXT BEST EXCHANGE.
432  Economy / Speculation / Re: OKAY TIME TO SET EVERYONE STRAIGHT on: April 21, 2013, 08:37:44 PM
yes and no.

silk road- is helping bitcoin immensely, helped lift btc out of the unknown, without it we would be at .20Cents

gambling- there are some addicted mother fuckers out there who can not for the life of them quit this addiction and if they can do it legally at home form there computer. well then ya it plays a huge part of it as well

speculation- your telling me that a few hudred thousand people find out that this " the bit coin" thing just made like 2000% profit and made a lot of people rich. ya there buying in.

china- huge market for gambling and a lot of people = rise in bitcoin price.

druggies still gunna use and if you got the money you can have all you want = rise in bitcoins

getting rich- the world but Americans and capitalist societies especially are gunna always want more, MORE MORE MORE MORE MORE MORE MORE RICH BETTER FAST STRONGER NEWER MONEY MONEY MONEY MONEY MONEY!!!! its all they care about and if  you have the chance to make it with BTC then so be it.

the idealist are holding and ya they make a diff but not as much as the top three. if a buisness like money gram or another out side major player like amazon or another on-line retailer said yes to this in a year then we have several factores that would support btc. until then these 3
433  Economy / Speculation / Re: What happens if I.... on: April 21, 2013, 08:17:12 PM
ya guess it does give a lot of stability. my story if anyone cares is that on the way up to 266 i bout at 100, 156, 230, I did not receive the ten coins on each till after the crash by two days. if i would have got them instantly i would have ben able to make money potentaly an all of the above. but since it took a while for them to debit my account and give coins it cost me somthing horrible. but i did get some at 55 and 62 and 68. so thats paying off now. does add stability to the market but just be carfeull and dont go overboard with it.
434  Economy / Speculation / Re: My Opposite Take on the "UP UP UP!" Mentality. on: April 21, 2013, 06:28:38 AM
Lol rename this thread to "reasons to hate bitcoin so the price goes down so I can buy cheap"



+1 its no secret that lucif sold at 250 and called the top now he wants a reset to 10 bucks and it ant gunna happen hahaha
435  Other / Beginners & Help / Re: well i think im done on: April 21, 2013, 06:12:43 AM
Live and learn, don't give up. If your serious about quitting I see your from the UK I might be interested in your equipment.

im only a state away...not to be stateist but there are some shady mother fuckers in colorado. i used to work out ther. its a shit hole and everyone is trying to be harder than everyone else. not to say there are priks everywhere there but not such a good place to live/work. im out of there. sorry to here that. maybe ill go knock on there door for ya Smiley
436  Other / Beginners & Help / Re: this forum sucks on: April 21, 2013, 06:06:29 AM
i agree im having same issue.  basically impossible to do anything here. i made an account on the bitforum you suggest but its dead over there now, maybe some ppl will join up

hummmm... ill you do is post 4 times and you are open to everything. it took me all of tenmunutes to get to jr member and you can go everywhere.

this guy wants to come on here and say we suck when all he wants is to get people to go to his empty nobody cares forum.

just post in your name you say hi, replie to thre or four newbie threads and your in.

this IS the place for anything and everything about bitcoins. if you are to impatient with this ...bitcoins are not right for you ......  go put you money under your bed or build up debt and watch the banks take it all away..ether way i dont care.
437  Economy / Speculation / Re: $500 bitcoin by mid-July on: April 21, 2013, 02:18:52 AM
They've been right on the money so far. Do you ignore the global news that has been happening the last 5 years? We're not in the year 2000 anymore.

If some fkn Jeff Rense or David Icke type satisfies some emotional need within yourself, then that is up to you. But whatever the merits of these types and the anti-dote paradigms that they offer, accurate accounts of issues just isn't their thing. Even if they had the patience to, going into technical details of issues (i.e. being accurate) would bore 95% of their audiences.

When it comes to handling investments or wealth, anyone who is stupid enough to allow the sensationalist ramblings of these guys inform their wealth allocation decisions, will soon be parted from their pennies, and if they haven't already been, it is only through sheer coincidental good fortune.

ya probably but tell that to the hundreds of peole that are now hundred thousand airs or > because they spent a hundred-onethousand on bitcoins. ya its a risk but big reward.

I don't need to tell that to anyone who has become massively wealthy, as they will have already have sold their Bitcoins in order to make these profits, no doubt aware of what a free ride Bitcoin was and smart enough to cash in when they did.

ha you just said that nobody is considering it....im just saying that ya ok cool maybe some or all are not considering that it will crash and burn at 95% chance. it what rhetorical as to "tell that to all the one who made money" im saying that people are making money have made money and that they accepted the risk/reward. wow mr litteral. I bet you a hoot at parties Grin
438  Economy / Speculation / Re: $500 bitcoin by mid-July on: April 21, 2013, 12:38:01 AM
By the way, seems silver will go really down, maybe to 15$ an ounce... this year. Which might shake the stocks as well.

If there is any widespread deflationary event, then watch Bitcoin (99.5% speculative capital) crash and burn.

This is something that is so very obvious and with a high likelihood of occurring in the near future, yet nobody here seems to want to even consider the issue.

ya probably but tell that to the hundreds of peole that are now hundred thousand airs or > because they spent a hundred-onethousand on bitcoins. ya its a risk but big reward. if you dont like bit coin than don't buy any bitcoins. if your board go watch a movie. if you want to troll than i guess keep on doing what your doing.
439  Economy / Speculation / Re: When will somebody build that killer game that uses bitcoin as it's currency? on: April 21, 2013, 12:33:47 AM

I dont get satoshi dice. so you send money to the address you want to bet on and that it? not much fun. wish there was a craps game that you could buy in with a bit coin or two and it gives you like your 5-10-25-100 chips and play like you would in casino. that satshi dice game is boring ... send money to address..... wait a couple min...look up block chain ...you loos one bit coin. realy thats it . no push the botton and see your luck number ......im probably playing it wron. all in know is that i loose
440  Economy / Speculation / Re: Yet another analyst :) on: April 20, 2013, 07:04:37 AM
ya there is a chance it will crash in a bit but there is a chance for everything. I think this one Lucif is wrong. I see it going to one 150 steady by the end of the month we will see a few dips and then a good amount of support at 150 for about a week then a few spikes up and by end of may will see it break 200. then dip to 170 for a week or so and then build support for another week and then 210 will be the steady amount for about a month. with more press and more support we will break the ath by mid summer and see it go 550-800 till another crash to 250. with bull traps and stabilize at 200. that is the year in review. of 2013


now that is a bold prediction.
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