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6141  Economy / Speculation / Re: Tired of 140$ on: September 13, 2013, 03:12:25 PM
how many days the was the price above 140,- ? can´t be more than 20 or so.

out of 1460 days only 20 days was (significantly) higher than today.

that´s less than 1.4 %

we are in the top 98.6 % of all time bitcoin price level.

so chill out and breath some (thin) air...  Grin
6142  Economy / Speculation / Re: New fun competition - Traders versus Buy-Holders - post your results here on: September 13, 2013, 02:57:31 PM
100% down, looking for re-entry

hurry up  Cheesy
6143  Economy / Speculation / Re: New fun competition - Traders versus Buy-Holders - post your results here on: September 13, 2013, 11:08:07 AM
i bought 100 btc in june 2011. then the bubble burst and then gox got hacked, i could not access my account anymore and forgot all about it. buried deep and full of shame that i was stupid enough to fall into this scam. in march 2013 someone told me about bitcoin. i remembered my emberassing investment. WHAT ? PRICE AT 50$ Huh i wrote customer support, the renewed my account and was several thousand € richer. first thing i did was to sell all the coins. an hour or so later i realized what  i was doing and bought back. immedeate loss: 10 btc.

conclusion:

-buy and hold worked fine

-sell/buy back:  Cry
6144  Economy / Speculation / Re: Price after $151 peak on: September 13, 2013, 06:29:02 AM
it will


stagrally around tri-double digits before it drops like a rocket to "da moon"
6145  Economy / Speculation / Re: What expected/specific 2013 events should the market be watching for? on: September 12, 2013, 09:41:55 PM


opec decides to sell crude oil for bitcoin only.  Grin
6146  Bitcoin / Bitcoin Discussion / Re: Stop saying Bitcoin is good for money transfer. It isn't. on: September 12, 2013, 09:19:38 PM
Bitcoin is, in fact, a fantastic way of transferring value.

While u r waiting for a confirmation this value can gain or lose 10% due to high volatility. Fantastic, indeed.

what is your motivation ? you don´t like it, why do you waste your time telling others ?
6147  Local / Trading und Spekulation / Re: Preis für einen Bitcoin im Jahr 2017 on: September 12, 2013, 07:15:54 PM
Träumer........ Grin Grin Grin

um was wetten wir ?  Wink
6148  Economy / Speculation / Re: Money over IP a threat to bitcoin on: September 12, 2013, 07:13:41 PM
There's a hell of a lot more money being invested into mobile payment start-ups than any start-ups related to bitcoin. That's for sure.
+1
A friend of mine just started working for a new start-up that just received a large investment to create a mobile payment product for use in a Latin American country.

+1 true, vc money is raining down on mobile payment start-ups, and a lot of them fail anyway. i had talks to a vc company earlier this year. they had no clue what bitcoin was. we tried to explain.

vc: "but if there are only 21 mio ever created, this can never fuel an economy"
us: "no, that does not matter, you can devide bitcoins into smaller fraction.... ...down to a satoshi..."
vc: "but deviding them does not make more bitcoins available"
us: "it does, it will be smaller fractions of a bitcoin.... (trying to explain like to kid)
vc: "nah, i don´t believe it"
us: "but it is a fact,..."
vc: "you say it is a fact, i don´t believe it"
us: Roll Eyes

that was the head of a very succesful vc company. we could hardly explain our business idea, since we had to explain the bitcoin project. whenever you talk to vc in europe, be prepared...
6149  Bitcoin / Bitcoin Discussion / Re: Howcome so little traction in online porn world? on: September 12, 2013, 02:59:32 PM
I would imagine a huge amount of revenue is from subscription services that auto-renew. There is no way to auto renew using bitcoin; every transaction is a "push" transaction, not a "pull" one.

So that hurdle would somehow have to be dealt with.


i´d say this would be a killer application for businesses considering bitcoin payments: re-occuring payments. we need a start-up covering this. but, technically - how?

very hard to do without giving up the sole control over your wallet/coins.
6150  Economy / Speculation / Re: Money over IP a threat to bitcoin on: September 12, 2013, 02:53:22 PM
 
[/quote]

+1

I like to add donations though.

I notice that I am much quicker donating to people thanks to btc. Donating with paypal is less fun and if I do it I pay less. Ie: I donate much more easily higher value with bitcoin.

When I donate in bitcoin I know people will remember how many btc I gave, and likely in a few years when btc is up, my donation to them will go up in value in their mind.

It's like donating a valuable stock, or precious metals, something you think will go up in value considerably, much cooler to do then donating fiat that will go down in value.

Also by donating btc I am actually building the value of my remaining btc because more people have btc and start valuing it.

I think donations make a chance to become the killer app of bitcoin.

[/quote]

that is correct. but...  an example is the german B.U.N.D. (top ranking environmental group) which had announced it would take bitcoins for donations beginning of this year. in an interview they expressed their dissapointment since so far the btc donations are summing up to not even 1 btc.
6151  Economy / Speculation / Re: Money over IP a threat to bitcoin on: September 12, 2013, 09:20:06 AM

[/quote]

And bitcoiners dont' have to care about "the masses".  Even if it remains a niche, it will continue to grow dramatically.  There is plenty of demand for a trustworthy currency.  Other than bitcoin and altcoins, there is no competition.
[/quote]


strongly disagree. if no mass adoption happens it will die a slow, painful death.


@adpinbr: i now how you are feeling. this "we may all be fooled" fear. we can only hope that the masses will see the difference between centralized/fiat-based and distributed/algorithm-based.
6152  Local / Trading und Spekulation / Re: Preis für einen Bitcoin im Jahr 2017 on: September 11, 2013, 08:01:37 PM
what will be the next december/end of year prices (in $) for one btc ?


my guess is:

december 2013: 150 $ (1000% rise)
december 2014: 375 $ (150% rise)
december 2015: 3000 $ (800% rise)
december 2016: 4500 $ (150% rise)

my assumptions are based on the past % increases shown in the signature. 

so, anyone who manages to get/hold 222 btc until december 2016 will be a millionaire  Kiss


i will dig this thread in 2016 and we will see then who was right...

2017: irgendwo bei 5000,- $
6153  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: September 10, 2013, 04:30:28 PM
Gox down...


kraken up*



*soon

https://bitcointalk.org/index.php?topic=290799.0
6154  Economy / Speculation / Re: Lets see if you can read a simple graph. on: September 10, 2013, 12:11:39 PM
easy: fiat is in capitulation phase.
6155  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: September 10, 2013, 11:52:19 AM
lol 50 - 100 - 500 - 1000 - 2000


yes, you got it !
6156  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: September 10, 2013, 07:16:35 AM
check out sig

why would it stop NOW ? the rise of bitcoin may slow down sometimes, mainly due to parasitic altcoin mania, but it will not stop. it went upwards 4 years in row. why not another 4 years ? (ok, a major flaw in the design would do it, but other than that?)
6157  Economy / Speculation / Re: why I sold my bitcoins.... on: September 10, 2013, 07:05:27 AM
Have ever OP gotten back to see this thread again?

Why would he come back?  He sold out.

once it has reached 4 digits buying back in the very low 3 digit area will still look good. it is not too late for op to buy back. he lost 2/3 of his original stack. but if the 1/3 does well - so what. better loosing 2/3 than 3/3...
6158  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 10, 2013, 07:01:45 AM
how does this affect possible roi for day 1 delivery ?

is this worst case or just probable ?

https://bitcointalk.org/index.php?topic=283820.0

brings tears to your eyes...  Cry
6159  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange Now Open with Live Trading EUR, BTC, LTC on: September 09, 2013, 10:15:54 PM
finally ! great ! feels good !
6160  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: September 09, 2013, 12:34:28 PM
Sounds great, though maybe $10k is a better milestone... Smiley

One step at a time  Wink

sir, r u coming ?
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