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4401  Economy / Lending / Re: 0.25 Bitcoin Loan Needed. 0.5 Bitcoin Repayment. on: February 14, 2014, 04:55:07 PM
What are you planning to do with the money?

Can you provide some other collateral?
4402  Bitcoin / Bitcoin Discussion / Re: Saying hello, and have a few questions on: February 14, 2014, 04:51:37 PM
Haha there are so many old posts to dig that are interesting, I often read them

You have found a good one + an update of the OP; @ laszlo : can you tell us more about how you lived the Bitcoin revolution? Did you quit your studies or your job to go have margarita.s on an island?
4403  Economy / Gambling / Re: PONZI120! | 120% PAYOUTS | FAST PAYOUTS on: February 14, 2014, 04:37:35 PM
Can you guys tell me what do you think the website owner has to gain to do this?

20% from my own deposits Smiley I'm in queue right now with my deposit.

Why would he get 20% of your deposits? You are suppose to get 20% of your deposits

EDIT : I understood that you were a "known" member that also invest in the ponzi and get some profit from it. Do you plan on posting a bit more here and there because it is slowing down a bit
4404  Economy / Gambling / Re: PONZI120! | 120% PAYOUTS | FAST PAYOUTS on: February 14, 2014, 02:32:45 PM
Can you guys tell me what do you think the website owner has to gain to do this?
4405  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: February 14, 2014, 11:30:23 AM

What is your explanation concerning the 102$ sell on btc-e?

Why should I have an explanation for that?  There's a chance it represented a failure of some software somewhere but remember this is also a very thin market in a potentially panic-inducing situation; it might just be a fluke. 

I think it's likely to be a fluke, in fact.  Somebody posted a "sell at any price" order in a thin market. Or possibly, he intended to put a limit of $1020 on the price, but fatfingered the data entry and missed the last zero.   Either way, he happened to hit a one-in-a-million hole where the buy offers higher than $102 had been fulfilled, and some clown who posted what ought to have been a "joke" buy order got ridiculously lucky. The seller is probably still beating his head on the floor. 



Possible explanations :

-A human error
-"the plausible explanation is that a bunch of long positions were forcefully liquidated during a margin call. this caused ridiculous market orders to be executed." Additionally, the total market depth on those two platforms is not spectacular, so "only" about 8000 coins were needed for these two spikes."(Appetersson)
-Conspiracy theory to weaker Bitcoin
-A big sell order to activate automatic limit losses and profit from it
4406  Economy / Speculation / Re: Bitcoin Price Dropping Precipitously on: February 14, 2014, 11:24:03 AM
Bicoin will be back above $1200 by end of spring. Mt GOX will rise from it's ashes but it will never be the biggest bitcoin exchange again but it will not die.

I think the time to buy cheap alt coins is now. Bitcoin too...

Monday could be ugly but it will be a buying opportunity.
I am %99 percent sure about this!

Sure it will be like that. And maybe people will learn to dont panic SO much

That's so easy to say when your money isn't disappearing in front of your face.  

100 BTC worth $80,000 is suddenly worth $75K, then only a few hours later it is worth $60K then a few more hours it's worth $50K  how can you guarantee anyone at any that point that it will not continue to fall?  

The fact is, now the massive disaster is over, but your 100 BTC is not worth $80K, or $50K either, but $65K are you pleased?  

The whole cryptocurrency industry is both a game and a gamble

That's why you need to only invest an amount you are confortable with and hold for long term while using some BTC here and there because it is convenient


There's no hard or fast rule of cryptocurrency investing.   How much cash do you have, checking, savings, CD etc ....the fact of the matter is even if you look at it as SPECULATIVE COMMODITIES and you are only supposed to invest what you are willing to lose, you are still pissed at what occured.

Look you go to a casino knowing that there are wayyyy more losers than winners, some time you win but most of the time you lose, you think if you win 5 weeks in a row that you won't feel bad if you lose the next time?  of course you will. 

However CC isn't cascino gambling, nor btc is it a high risk commodity, well not outside of Norway (and perhaps some others I'm unaware of), it's a currency or at least this is our understanding.

Recently BTC-e I believe also announced that they too were halting withdrawals for the same reason that Mt.Gox halted their withdrawals.  however it didn't have the same effect on the market, why?  Because there is a way to handle matter like that correctly and apparently one exchange knew how to do it without distrupting the market and the other didn't. 

Self-regulating standards would mitigate disruptions caused by matter such as that.





Bitcoin is still very new and volatile, of course it is never nice to lose money but I think that someone careful should not have more than 1% of his wealth in Bitcoin if he doesn't want to be too emotionally invest, except if you don't have much wealth : if you have 5000$ in the bank and you buy 500$ of BTC you won't be too annoyed by losing 20%
4407  Bitcoin / Bitcoin Discussion / Re: OUCH! More Bad Bitcoin News... on: February 14, 2014, 11:20:51 AM
Still too expensive. I want some of these bitcoin millionaires to unload their massive stashes of coins and get the price way down and then I'll consider getting in it... I want fully 50% of the coin that is held by the top 2% of the userbase to be sold and distributed down to a broad userbase to promote stability. I'd like to see $100 again and there's no reason we couldn't and it wouldn't take much selling by these top holders to get us there. That 8000BTC order a few days back was peanuts. I want to see multiple sells for 10,000 BTC and want a real shaking out of the weak hands to establish a good base.

Calling this healthy selloff and wanting to convert coin into USD an "attack" is silly. If the exchanges can't provide the fiat the coin needs to drop in price until they can. Patiently waiting for the right price to enter, which is not yet.... I want 10BTC for $1000.

The thing is though, the whales are the least susceptible to all these "crashes" and FUD. The reason they became whales in  the first place is EXACTLY because they were smart enough to listen to themselves and buy into bitcoin when everyone else professed that it will fail. This is why they won't unload their bitcoins during times like these - they know Bitcoin will pull through just fine.

Meanwhile, the people that DO cause these reductions in price are exactly the people that don't hold a lot of bitcoins because they immediately panic and sell when they hear one of these news stories.

You may be mostly right when you say the actual big holders are usually not panic selling because those who did panic selling in the previous crashes may not be big holders anymore but there are plenty of large sell of BTC, the traders have been selling for days knowing the price will fall, they will be the first to buy back, especially those who short sell because they will have to buy back
4408  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: February 14, 2014, 11:15:03 AM
your best/safest bet is just-dice flip but be aware that you are losing money every time you try that.

If he loses money every time he tries he better not do it, right?
He should be looking for a way to double his BTC with more than 50% chance
4409  Economy / Speculation / Re: Mt.GOX is FINE, BTC HAS NOT 'CRASHED' on: February 14, 2014, 03:19:22 AM
New low of 302 on mtgox!! 517$ on Btc-e; it makes you wonder if a big negative news about mtgox isn't going to pop up soon

All the mtgox traders are probably up in front of their screens
4410  Economy / Speculation / Re: Bitcoin Price Dropping Precipitously on: February 14, 2014, 03:15:35 AM
Bicoin will be back above $1200 by end of spring. Mt GOX will rise from it's ashes but it will never be the biggest bitcoin exchange again but it will not die.

I think the time to buy cheap alt coins is now. Bitcoin too...

Monday could be ugly but it will be a buying opportunity.
I am %99 percent sure about this!

Sure it will be like that. And maybe people will learn to dont panic SO much

That's so easy to say when your money isn't disappearing in front of your face.  

100 BTC worth $80,000 is suddenly worth $75K, then only a few hours later it is worth $60K then a few more hours it's worth $50K  how can you guarantee anyone at any that point that it will not continue to fall?  

The fact is, now the massive disaster is over, but your 100 BTC is not worth $80K, or $50K either, but $65K are you pleased?  

The whole cryptocurrency industry is both a game and a gamble

That's why you need to only invest an amount you are confortable with and hold for long term while using some BTC here and there because it is convenient
4411  Economy / Speculation / Re: (Poll) Will BTC break 266 on MtGox ? on: February 14, 2014, 03:11:19 AM
I don't think it'll break 400.. (i.e $399)

say that again!

Last:$378.00000
High:$549.00000
Low:$378.00000
Vol:33636 BTC
W.Avg:$472.20241

It is plunging right now : 365$, we are close to a free fall, the sentiment is extremely negative, all the traders are selling, all the bitcoin holders that were having doubts are selling or have already sold but let's remember that a lot of traders that are now in fiat or mostly in fiat will buy back, the short sellers have to buy back and there will be a lot of support at lower prices, starting with me
4412  Economy / Gambling / Re: PONZI120! | 120% PAYOUTS | FAST PAYOUTS on: February 14, 2014, 03:06:26 AM
The guy is sending you more coins than you deposit, how long can it last? Days? Weeks? Not more, he most probably planned on running away with the money, he is paying just to get more deposits until he has enough

BE CAREFUL! If it is too good to be true it is probably because it is not true and if it looks and feels like a sc.am it is probably a sc.am
4413  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 03:00:20 AM
398$ on Mtgox right now, low at 385$ for the day!

Can someone confirm me that it is so low on mtgox compared to the other exchanges because the mtgox clients prefer to hold cash than bitcoins in case of mtgox shut down?
4414  Bitcoin / Bitcoin Discussion / Re: Crmbling BTC Economy? on: February 14, 2014, 02:58:58 AM
Bitcoin Crumbles To 3-Month Lows On Mt.Gox As CEO Defends Exchange

This is pretty serious IMO. First, MtGox makes it virtually impossible (or painfully slow) to withdraw cash. Now it's impossible to withdraw your own Bitcoins. What kind of Business/exchange is this?
I have a fortune of 0.64 BTC in my MtGox account and I seriously think I have lost them forever.
Price of BTC is in free fall, not only on Gox, but also on other exchanges (been watching last 2 hours).
Panic selling anyone?

Mtgox halting withdrawals of both fiat and bitcoins is an extremely bad news but Bitcoin is way stronger than Mtgox and much more than just Mtgox, a correction was due, it is healthy, the sentiment is very low and the trend is negative but if there is not more to the story and if Mtgox recovers, the price may go up again

You could always sell your 0.64goxBTC against real BTC easily if your sentiment is that low on mtgox
4415  Economy / Speculation / Re: MtGox the only reason for bitcoin crash? on: February 14, 2014, 02:50:44 AM
It is not the only reason for bitcoin crash but I think there is either more to it or it is a panic crash fed by the negative sentiment on bitcoin and the negative trend, there are good news also like this one : https://bitcointalk.org/index.php?topic=464099.0;topicseen

400$ on mtgox at the moment, it is crazy but explainable
4416  Other / Beginners & Help / Re: Someone sent me a Satoshi? on: February 14, 2014, 02:41:48 AM
Yeah, like I said.  Send me money and I'll glad take a gander at your website Smiley

Going to wait until the tx confirms though Cheesy

One satoshi is (still) virtually nothing, even if hundreds of websites send you some satoshis you won't be able to send them without paying a 10,000 satoshis fee with most clients...
4417  Economy / Economics / Re: How to buy gold and silver. on: February 13, 2014, 05:54:10 PM
I would advise you to compare the prices very well because some merchants have outragious premiums and some online sellers are sca.mmers

Peter Schiff sells at a low premium on europacmetals.com
4418  Economy / Trading Discussion / Re: small investments ( profit ) on: February 13, 2014, 05:52:39 PM
small investments whit low risk and nice profit potential

nice for peeps whit low amounts of btc ( nice to gain profit )

https://www.coinmarket.io/market/RDDBTC 4 satoshi atm

https://www.coinmarket.io/market/KARMBTC 4 satoshi atm

might be worth it to sink some small amount of btc in

and other small coins ( low value coins )

https://www.mintpal.com

Could you explain for in details what investment we are talking about? Are you the owner of the website?
4419  Other / Beginners & Help / Re: Someone sent me a Satoshi? on: February 13, 2014, 05:51:16 PM
Apparently they didn't send it just to you

It could be a marketing trick : technically you can get 100,000 persons to see your website for 1$!

If you click on the arrow in the upper right corner after Play and Win BTC on the blockchain you will be redirected to the website
4420  Economy / Games and rounds / Re: Free 0.001 bitcoin for Bitcointalk members on: February 13, 2014, 05:43:55 PM
I think OP have already give up on the site .

That would have been nice to tell everyone, I lost 1mBTC here https://bitcointalk.org/index.php?topic=462258.msg5122318#msg5122318 because it is only written in the subtitle that only the first 10 will win something
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