Lol .. funny. May I ask you the same question ? why don't "YOU" ? You seem very fond of it.
Bitcoin concept is broken. Nobody can fix it. Point. I do not have any reason to do useless (in long term) things. EDIT : And may I say .. you seem very interested in protecting the developers ... why is that ? Because I am software developer either. I do not work in bitcoin-related industry. You are asking something from the bitcoin core developers, but you are not paying them and even not contributing. Is it correct behavior? Again .. what is it that you know about me that leads you to these conclusions? Nothing. So STFU bro. ( and by bro I mean asshat ) |
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why this word remain in our lexicon astonishes and perplexes me. May I ask a question? Why you... Yes, I've said "you"! Why you did nothing these 1.5 years and this word is still in our lexicon? Who should do anything for you? Me? Or core developers? Lol .. funny. May I ask you the same question ? why don't "YOU" ? You seem very fond of it. EDIT : And may I say .. you seem very interested in protecting the developers ... why is that ? EDIT2: And frankly .. who the fuck are "you" to ask "me" what I have or haven't done lately? |
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I image it would be a high priority to fix any possible exploits that might expose its total lack of ability to do this - which this attack - ONCE AGAIN PROVES. I have to repeat: fixing this particular "exploit" is more dangerous than leaving it "as is". I think the thing I am trying to express is that I am neither for nor against the exploit or the fix or non fix.. the point is Bitcoin is a solution stack and should be provided as such- MT Gox was the first most visible point when malleability became an issue- it should have been addressed conclusively then, why this word remain in our lexicon astonishes and perplexes me. Credit card companies don't give people credit cards with gay abandon not knowing how it will be settled on the back end. Bitcoin should be no different if it wishes to compete with them (I believe our ideological best use scenario). |
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No doubt someone will call me a troll .. which is the standard behavior toward people that share their opinion which happens to be contrary to the shared (although now seemingly badly fragmented, which may be a good thing in the long run. If there is descent there may still be hope) consciousness of the all holy developers (assuming of course the fragmentation isn't just a manufactured front to confuse everyone even more than they already are) :
Malleability is what the "venerable" Mr Karples blamed the fall of Mt. Gox on .. whether or not this is true can perhaps be disputed, BUT, IF I was a developer of a piece of software that based it sole purpose of existence on the TRUST of its ability to reliably transact in an accurate and secure fashion, I image it would be a high priority to fix any possible exploits that might expose its total lack of ability to do this - which this attack - ONCE AGAIN PROVES. If this happens to be because of a toolkit that is broken then I would take it upon myself to provide alternative tools that might produce better results -i.e. instead of shitting on people, allowing them to eat mutated transaction that could potentially put them out of business and then call it "a good test". It's like poisoning your baby to see if it's strong enough to walk. Ridiculously retarded. PS: I am not calling the attacker retarded. He is highlighting a valuable lesson that needs to be learned at some point. I wonder if it will happen any time soon?
I believe it is almost November - time to light another candle.. I need to check and see if the accounting system has been deprecated yet. meh .. you know I don't actually care. This whole thing dying a slow and horrible death and the fucking retarded attitude towards the whole ecosystem makes me very very sad.
I bet this post gets deleted by his highness gmaxwell .. whatever..
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FWIW, for some strange reason, I think Con is the only dude I trust on here.
I can't explain why.
What about that guy who gave you a 100% refund on a delayed deal, before you even had to ask, I'm sure he deserves some love  Because swinging your dick at another dick gets positive results. Seems like someone missed an opportunity at self improvement here. |
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EDIT: To be a bit melodramatic : I am actually rather depressed about it all - all the fun has been destroyed. Now it's just a super inconvenient way to pay for shit.
You are just sad that bitcoins amateur days are over. There are altcoins for you! Bitcoin, whether you like it or not, needs to grow, it can't be a garage pet project and rule the world at the same time. Well.. then we need to quit moaning about price being what it is - and it being stalled. |
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So. When we look at present price situation we can easily see that OP chart is looking more realistic than a week ago. Isn't? :-)
We haven't seen such rally from weeks ...
I am getting excited :-)
Rather late to the party aren't you? Bitcoin has stopped dead below the long term down trend from Dec 2013. Volume has been dying back all the time and the 1 day momentum indicators look to be maxed out. I am also heavily bearish. Nevermind the TA - most of the liquidity in the Bitcoin economy has been killed off by the mega and very serious miners. All they doing is turning electricity into heat right now and flipping bitcoins for more hardware to stay in the race to the bottom. Time/Block is still around 8 minutes which means we are still at 11-12 day retargets so ~20% diff increases. The curve is not flattening .. till it does I don't see any reason for the price to recover. (Yes I am linking Diff to Price - in my opinion they are linked - although not directly or very predictably ). mt.gox disaster is not finished and neither is the Shrem and SR horseshit either. PS: TA is like making toast and seeing Jesus .. all it takes is bread and a toaster and a propensity for seeing Jesus in everything because that all you are thinking about. Likewise with TA : just use the zoom button / or change time resolution and you will find a picture you like. And before someone jumps on me and says " Well mining isn't everything in the Bitcoin economy " - no it isn't. But it's what drove it in the past. EDIT: To be a bit melodramatic : I am actually rather depressed about it all - all the fun has been destroyed. Now it's just a super inconvenient way to pay for shit. There's a smart part in your post (mining and price are linked, though not in the obvious way that some seem to think it is), and a not so smart part. Sure, technical analysis tends to see patterns where there are none, but that's not the same as saying it is entirely incapable of picking up changes in supply and demand that can be profitably used in your trading decisions. Re: your mining argument. I agree, the "professional" miners are one of /the/ most defining elements of the Bitcoin price function right now, but I'm not sure if we see it as having the same effect. The concentration of mining means that there is substantially more OTC trading, and less on-exchange volume. While both miners and those who buy from miners could in principle try to manipulate the on-exchange price to get a deal off-exchange that is more to their liking, I will for simplicity assume that those attempts would largely even each other out (though in reality I think the buyers have the better chance at successful manipulation, because they are the "old" money, and presumably have both more experience and more funds in total). But like I said, I'll assume that both sides try, but fail, to move price on-exchange in the direction they'd prefer (miners: up, buyers: down). But one fact remains untouched by this: trading volume and price are heavily correlated, and almost certainly causally linked. And since the entire premise was that OTC volume rises while on-exchange volume is dropping (proportionally), the effect of big OTC deals depresses the /public/ price, while the actual price that would emerge if volume were on exchange again is in fact higher. tl;dr the tendency for miners to go professional means more off-exchange deals, which means that the actual demand for coins is higher than can be read off from the demand on the exchanges, which means: Bitcoin is (as a tendency) undervalued. RE: TA I didn't say it's not helpful, I just said it is very very dependent on your state of mind when you are looking at the graphs - if one can remove all the emotion from your trading decisions then TA certainly is far more useful. I agree with the rest of your observations. |
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Did you buy back in Mat?
Nope. Bought in at $460, sold at $520, anticipating an imminent correction and then I have to see things are looking from there. .....and who said I am bearish? Right now I am undecided on the longer term and am verging on undecided/bullish over the medium term. Obviously I was bullish enough to buy in at $460 and bullish enough to tell someone (sharkyshark) that shorting Bitcoin at $500 was a very bad idea. Agree again. |
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So. When we look at present price situation we can easily see that OP chart is looking more realistic than a week ago. Isn't? :-)
We haven't seen such rally from weeks ...
I am getting excited :-)
Rather late to the party aren't you? Bitcoin has stopped dead below the long term down trend from Dec 2013. Volume has been dying back all the time and the 1 day momentum indicators look to be maxed out. I am also heavily bearish. Nevermind the TA - most of the liquidity in the Bitcoin economy has been killed off by the mega and very serious miners. All they doing is turning electricity into heat right now and flipping bitcoins for more hardware to stay in the race to the bottom. Time/Block is still around 8 minutes which means we are still at 11-12 day retargets so ~20% diff increases. The curve is not flattening .. till it does I don't see any reason for the price to recover. (Yes I am linking Diff to Price - in my opinion they are linked - although not directly or very predictably ). mt.gox disaster is not finished and neither is the Shrem and SR horseshit either. PS: TA is like making toast and seeing Jesus .. all it takes is bread and a toaster and a propensity for seeing Jesus in everything because that all you are thinking about. Likewise with TA : just use the zoom button / or change time resolution and you will find a picture you like. And before someone jumps on me and says " Well mining isn't everything in the Bitcoin economy " - no it isn't. But it's what drove it in the past. There definitely is a link between difficulty and price: http://cryptocoinstats.com/difficultytracker.phpI'm still struggling to identify exactly what it is though. Is it a leading indicator or a trailing indicator of price. Are they inversely correlated? Simple answer : Either/Neither and Both. I personally believe hectic difficulty drives up price - but availability of hardware drives it down - or at least it did in the past. It used to be a leading indicator when hardware was NOT available. But now that there are any number of choices to attack the current difficulty and potentially break even we are stalled. Your question is simple the answer is not. (and everyone else is just holding - while this goes on) EDIT: That difficulty tracker doesn't show the full picture from genesis. Someone needs to do a time from genesis price/diff overlay graph.  |
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So. When we look at present price situation we can easily see that OP chart is looking more realistic than a week ago. Isn't? :-)
We haven't seen such rally from weeks ...
I am getting excited :-)
Rather late to the party aren't you? Bitcoin has stopped dead below the long term down trend from Dec 2013. Volume has been dying back all the time and the 1 day momentum indicators look to be maxed out. I am also heavily bearish. Nevermind the TA - most of the liquidity in the Bitcoin economy has been killed off by the mega and very serious miners. All they doing is turning electricity into heat right now and flipping bitcoins for more hardware to stay in the race to the bottom. Time/Block is still around 8 minutes which means we are still at 11-12 day retargets so ~20% diff increases. The curve is not flattening .. till it does I don't see any reason for the price to recover. (Yes I am linking Diff to Price - in my opinion they are linked - although not directly or very predictably ). mt.gox disaster is not finished and neither is the Shrem and SR horseshit either. PS: TA is like making toast and seeing Jesus .. all it takes is bread and a toaster and a propensity for seeing Jesus in everything because that all you are thinking about. Likewise with TA : just use the zoom button / or change time resolution and you will find a picture you like. And before someone jumps on me and says " Well mining isn't everything in the Bitcoin economy " - no it isn't. But it's what drove it in the past. EDIT: To be a bit melodramatic : I am actually rather depressed about it all - all the fun has been destroyed. Now it's just a super inconvenient way to pay for shit. |
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he's just a troll, stop trying to imagine some sense into igorr it's like imagining that your goldfish actually talks to you. But my goldfish does talk to me. He tells me: "Sell Bitcoin now at $1100, and you will be crying when you buy back in at $1300"But I know not to listen to the scaly little orange cunt. Your Goldfish is evil, lol. And he also smells like fish.  |
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 A nother graph occurred from expert analysis like the one in the OP The Doge seems more accurate and obviously required some better mspaint skillz .. so it wins. |
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Cointerra claims to be shipping Terraminer from stock. They must be in good shape by now.
Howabout flipping that (Unauthorised abuse of shareholder funds) $400,000 investment into 100 Terraminers and getting us somewhat nearer IPO hashrate.
baffles my mind people still want to have anything to do with mining at this point. 1) It's a hobby - some people dress up and go to Comicon ... others are retarded enough to think mining is still fun. (me included) 2) People don't seem to get that crypto-currency it is setup as a self sustaining ecosystem (in its current state ). If only 1 person mines (or a significant few ) and gets the rewards .. who are "he/they" going to sell the shit to ? No-one. So even if you have a small hand in that symbiotic relationship you are fending of its eventual demise. ( see Alt-Coin proliferation as proof of this statement ) |
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Precisely, but further still; one must consider the relative perspective of the subservient witness on the parabolic progress. If the perpendicular tangent to focus places the intersecting reference point anywhere below the intersecting midpoint of the latus rectum, then we're golden. If it lies anywhere above our latus rectums well, I don't need to tell you what that means. Of course, this is mostly academic.
I assume you are discussing the cow jumping over the moon scenario. I doubt this is possible, but I hear there is cheese. I think we need to take this to SpaceX to run some hard numbers. |
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We are looking to leverage the strengths of the current team, using our knowledge, connections and assets to expand business operations into lucrative and sustainable areas in the long term.
Awesome, can we also synergise our core competencies, and tightly integrate our value proposition within a post-gox framework of cloud integrated core technologies with vertically integrated modalities of cryptometric excellence? I agree the equity to manure ratio is strong in this proposal - I expect a very steep upward trajectory with a prolonged sustained cash cow mode! |
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Well that was tedious enough to encourage me to go back to cleaning a fishtank instead of procrastinating.
So much like a school yard at times.
you cleaned fish tanks at school ? |
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Do you even own any LRM share/bonds/contracts? Do you have evidence that LRM is a ponzi, scam or that Zach is a thief? Or, are you just attempting to entertain us?
funny.. you require evidence from me for just suggesting it but demand nothing from the person holding your money  ? burn you fucking idiot. burn. Even funnier is your complete lack of reading comprehension. I require no evidence from those that demean themselves by their own words. If you are interested in facts - perhaps you would take a little more time to examine the fact that I demanded transparency (defined as "evidence" just in case you needed someone to break it down for you there champ) from LRM in my post. As for you........ on the special kind of ignore reserved for exceptional dumbasses. oooo nooooooooooo bkm is going to ignore me .. what will I do .. !?!?! BKM you have added no value at the best of times. They are at best duplicitous and the worst just random brain farts. Ignore me .. thank god. . |
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I wholeheartedly agree that the transparency issue needs to be resolved concurrent or precedent to the issue of the legal status of participants in LRM mining. In fact, there is nothing that prevents transparency in advance of the resolution of the legal issues. Indeed, it may favorably dispose LRM towards its stakeholders (the issue of us being shareholders or bondholders remains to be clarified in the eyes of the SEC et al) and the various regulatory bodies pressing for resolution of the issue. I cannot possibly imagine a case where a lack of transparency would be to the benefit of LRM unless it is due to some form of malfeasance. There is no solve for malfeasance save for a legal process undertaken by regulators and/or stakeholders. [edit: I personally do not believe there has been any malfeasant motive on LRM's part]
If it is simply a lack of resources available to provide the required transparency, this is simply an excuse and is completely unacceptable. It is still not too late to provide the transparency required of a company in LRM's position; that of one solicitous of investments from the public. To suggest that the anonymous members of this forum and the Bitcoin community in general are a closed community and that they fall with in the bound of SEC regulations surrounding private share offerings to accredited investors is tenuous at best. I pretty much guarantee that LRM will lose big time on that front if they proffer that argument to the regulators.
So, provide transparency and support your position to the regulators and to the community of investors or.......not? Seems like a simple rubric Zach...... ponder carefully but quickly. For as you know all too well, time is of the essence.
I like the idea of transparency - it seems to me that it would go a long ways to solving a main issue with your investors..... and maybe the gummint revenuers too.
BKM .. saying the same words over and over again doesn't make it so. How you would like it ... similarly. Zack / La Brat is actually not in the drivers seat here. You are. Labrat... you are over your head here son. Liquidate. ASAP. And let me re-iterate my view : Its a Ponzi and LR is a thief. You all did it because you were greedy and didn't want to work together. Do you even own any LRM share/bonds/contracts? Do you have evidence that LRM is a ponzi, scam or that Zach is a thief? Or, are you just attempting to entertain us? funny.. you require evidence from me for just suggesting it but demand nothing from the person holding your money ? burn you fucking idiot. burn. |
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