In all honesty I am a happy bull but I have been speaking with many people in the community as well as people who wish to get into BTC and the common response from everyone is that it's just too high right now. From the poker players to the Silk Road users to the noobs. Many people want to see $50-$75 again so they can feel "comfortable" buying in or paying for their habits.
It's not too high, it just feels too high after the drop to near 50. What basically is happening is that there are too many bitcoins being held by early adopters. Not that there is anything wrong with that per-se but they need to be teased out and into the wider community for Bitcoin to become well established. It's not going to happen all-at-once (and that's a good thing) but is going to lead to volatility along the way.
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That will be done as soon as someone figures out how to P2P cash transactions. After two years, there's still no answer to that one.
I'm still thinking that gift cards might work with this. Needs a bit of thought though.
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ah perhaps someone post some charts, that could relax the mood...and really get some objective discussions going
Charts, you say? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F4.bp.blogspot.com%2F-TcBV_EWgL2I%2FTcG8oXPHTkI%2FAAAAAAAAD0c%2F2-Vt1ycs91k%2Fs1600%2Fsmashhitschart79.JPG&t=662&c=7qS_YCCvAvRkGQ)
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bear markets make people really unhappy ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) also tons of newbies who haven't acclimated to etiquette and such. i'm not surprised proudhon left ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I believe his final words were "My work is done here" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Hah, both you guys are using outdated software. I have the latest, up-to-date, whizz-bang stuff and it says that it may go up, down or stay the same.
I hear the next version will be out soon though. It will be able to quantify how much change in the form of "Up to x% or more".
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Even I am interested in getting a BFL device, but what worries me the most is the future of the BTC. If you look at the markets, they are currently down by more than 25% on the last 24hrs average price.
If you are not confident of the future of Bitcoin, you should probably steer clear (of any Asic and possibly of Bitcoin entirely unless you just like gambling).
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Is that a real ask wall at 121? Could put a cap on the move upwards if bid volume drops down. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCalfvgU.png&t=662&c=xBksazO9Kx2q9g) My bet is it's as fake as fake can be.
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I think I preferred it when we were all funny pictures. This board is a meaner place since the bubble burst.
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Fee should probably be a selection based on how long it would take to get enough confirmations at that fee level with a reasonable default.
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I'm going to just step outside and if the price is back where it is supposed to be when I return, we'll say no more about it...
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I'm just waiting for more info. I don't trust the govt much but this doesn't pass the smell test for some kind of conspiracy but on the other hand, there are some things which just don't seem to add up. *shrug*.
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Still waiting for mine. It's been 25 hours which is a touch over the 24 they said but I'm willing to cut them some slack since things do appear to actually be moving.
Have you got them back? How much time has elapsed? Yes. They arrived yesterday afternoon. I guess around 4 hours after I posted. That's good enough for me. I'd be interested to know what they were worth when the site closed down but that part of the interface isn't available. I think they're up though.
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Isn't this the place to use all of your verbal wit to talk the price up?
For me, this place seems to have gone from a mostly honest discussion about the price to a lot of people trying to talk the price up or down in order to try to sell high or buy cheap (mostly the latter).
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If I had ebay stock, I might be planning an exit strategy. It's the big-boy on the block but like all big businesses, it's become slow and ossified. Consider that much ebay stuff is bought and shipped directly from China. Now consider a currency with low transaction fees and no exchange issues*.
*Well, if you see what I mean.
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No reason for it but I'm feeling a little short-term bullish. We'll see.
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.freeimagehosting.net%2Fnewuploads%2Fzxnmd.jpg&t=662&c=sfCisSznJkmRQw) and then silence... If you scroll up, there should be an IP address mentioned somewhere.
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Still waiting for mine. It's been 25 hours which is a touch over the 24 they said but I'm willing to cut them some slack since things do appear to actually be moving.
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Nonsense. As others have said, it is not a zero sum game. Now, fiat is so crappy that it is bound to lose out but that is not necessarily the case just because there is a new decentralised, fluid currency on the block. And of course, if you gamble with trading, you have a chance of losing but that is a choice that is made by the individual. Those that don't understand the essence of free trade, which is individuals performing an exchange which enhances the value proposition of both, need to meditate on things a little more.
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Some kind of DOS attack?
Got three "GOT INCOMPLETE BLOCK FROM PEER" messages and then p2pool stopped. Peer IP is 192.203.228.65
Now just got another one.
What do you mean by "p2pool stopped"? Miner got disconnected, p2pool not doing anything apparently though since a fourth message came up, it looks like it was not completely dead. I did a simple restart of the process and things seem fine so far. I guess I waited about 5 minutes before restarting it (did not have to reboot).
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