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6161  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2014, 06:14:43 PM
Dicken's uncle scrooge?

Damn, I only know this one.

Notice the ratio of coins to fiat.

6162  Economy / Speculation / Re: Why are we seen as "early adopters"? on: December 02, 2014, 06:03:30 PM
I for one welcome our literate bear trolls, Jorge and Notlambchop. Proudhon switches sides too often to really count as a bear troll, and ElectricMucus is just a Bitcoin romantic turned Bitcoin cynic by the greed and general asshattery that became more prevalent in here.

Option 1: They turn out to be right about crypto's failure, and we will one day look back at their posts as wise words of warning. Trollish wise words of warning.

Option 2: More likely, they'll turn out to be wrong, and during the next rally, I will look back at their posts as a source of entertainment (usually), and justified criticism at the time, even if they were phrased to provoke a reaction.

Option 3: none. I don't buy the "anti crypto shill" idea. Trolling is a reward of its own ^_^

Right on. This is why none of them is on my ignore list.

I'm torn between door #2 and door #3 though.

I'm too impatient to wait for door #2 to unfold. I'll enjoy the entertainment now.

As for door #3, trolling is indeed a reward of its own, especially trolling the trolls.

 Cheesy
6163  Economy / Speculation / Re: Why are we seen as "early adopters"? on: December 02, 2014, 05:36:28 PM
The early adopters embraced Bitcoin 5-6 years ago.

People adopting it now, are among the last few thousands to ever adopt it.



How come "the last few thousand"? What is your prediction? Crypto gonna fail or another crypto?

Yes exocytosis is a huge troll and very negative about bitcoin. His old account is falllling who always talks about an upcoming bitcoin doomsday

Not all trollbears are Faiiiling clones.

Exocytosis obviously has a better grasp of English grammar and spelling then Faiiiling whose malapropisms became somewhat of a local meme.

Trollchop clearly has a better vocabulary than either, despite her difficulties with logic.

None of them can hold a candle to Electric Mucus or Proudhon though. They're witty, entertaining trolls who know how to choose the right moment instead of spamming the forum with boring redundant crap.
6164  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2014, 05:11:38 PM
Well good morning Bitcoinland.

Missed a day but it seems nothing has changed.

Still going sideways with a slight creep upward despite yesterday's ugly little squat red candle.

Life is good. Bitcoin is good.

 Smiley
6165  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 01, 2014, 11:11:51 AM
what's the point of the bitfinex bot?

it is buying 2700 btc per day?

another gox bubble coming?

To me it seems like someone's trying to accumulate lots of coins with minimal slippage.

Maybe it's to provide liquidity for a Bitcoin service or maybe it's to stock up at a low price before a pump and dump.

6166  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 09:50:23 PM
Can you people clip some of these quotes, for chrissake? JJG's walls of text are bad enough, now some of you are quoting 25 paragraphs to respond with one sentence. Ridiculous.

Hear hear.
6167  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 08:47:37 PM


Cool GIF.

Saved, thanx.
6168  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 08:24:24 PM
Fonzie, newbie, lambchops, JJG... this forum is going to look like: ignored, ignored, ignored, ignored, ignored, ignored, ignored, ignored to a lot of people.

LOL

I don't generally ignore anyone but today's little mudslinging sandbox has me tempted.
6169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 07:14:21 PM
Quote
Enjoying the pump and dump everyone?

Bitcoin, the revolution of money which will take over the world financial system is nothing more than a pump and dump scheme in control of a few whales who play the market as they please.

He's back!
6170  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 04:24:13 PM
Good morning Bitcoinland.

Not much has changed overnight I see. Still continuing the slow creep upward.

Keep those green daily candles coming.

 Smiley
6171  Economy / Speculation / Re: Do you plan to get out of bitcoin? on: November 29, 2014, 06:00:48 AM
Already out. The bubble has burst

Which one?



So many Bitcoin bubbles.
6172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 03:10:58 AM
I gotta go with paper wallets as well. I don't entirely trust circle. I'll buy BTC there or Coinbase but then I'll transfer to my paper wallets.

I buy directly into paper wallets and mine directly into a paper wallet. I haven't used an exchange since May.

I do keep a couple of dozen coins at an exchange in case of an emergency or exceptional trading opportunity and less than 2 coins on my Android device for shopping, but I'm aware of the risk involved.

Hopefully you never encounter a house fire.

I have encrypted offsite backups.
6173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 02:50:45 AM
I gotta go with paper wallets as well. I don't entirely trust circle. I'll buy BTC there or Coinbase but then I'll transfer to my paper wallets.

I buy directly into paper wallets and mine directly into a paper wallet. I haven't used an exchange since May.

I do keep a couple of dozen coins at an exchange in case of an emergency or exceptional trading opportunity and less than 2 coins on my Android device for shopping, but I'm aware of the risk involved.
6174  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 02:31:04 AM
Just say "no" to online Bitcoin storage.

Paper wallets FTW.

why not btc insured against theft like circle.com and like money is with banks

What if the insuring site is hacked?

They can't hack a paper wallet that's never been exposed to the internet.
6175  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 02:23:43 AM
Just say "no" to online Bitcoin storage.

Paper wallets FTW.
6176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 02:04:00 AM
Have fun living under a bridge.



It beats living in Mom's basement.
6177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 01:46:13 AM
I've just read about a major failiure in blockchain and a big theft of more than 10000 wallets

Link?

https://blockchain.info/wallet/security

sorry for waiting i had to dump my coins

I don't see anything there about a "major failure" or "big theft".

 Huh

Other than a few million satoshis in a spending wallet on a mobile device or a few coins on an exchange, why would anyone keep any bitcoins anywhere except in paper wallets?
6178  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2014, 01:33:11 AM
I've just read about a major failiure in blockchain and a big theft of more than 10000 wallets

Link?
6179  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2014, 08:40:58 PM
Like somebody would donate? It's easier to pool a teeth from a bitcoin-er then a donation.

http://www.theverge.com/2013/12/1/5163926/one-college-football-sign-netted-22-bitcoins-for-enthusiast
6180  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2014, 07:41:23 PM
The word for trading cultist I have is gamblers. The gambler thinks that he has to trade 24/7, he exposes himself and his psyche to a constant barrage of live charts, news. He preferably trades on margin with high leverage. If he has any sort of trading plan, then that plan continuously drastically changes due to the emotions when exposed to all this. As long as it goes well, they think they've figured it all out, but of course they will never decrease the risk they take and thus, even if they actually do have it figured out, they will get wiped out by tail risk alone.

I've seen many of them come and go. They last a few months typically.

Indeed. Anyone who buys bitcoins is a risk taker to some degree but those who obsessively margin trade should consider Gamblers Anonymous.

They're like rubes at a casino, except the house is the exchanges and banks that handle the necessary fiat transfers.
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