Which thing... all of them?

Why would it never happen?

I am trying to create moon-jobs here... Give us a reason to go back up there and play...

They said the triple-baconater at Wendy's would never happen.. and it did! Now I am hungry...

So then that would make Gox a typical bank... Just a bank that isn't handing-out physical notes for the IOU.

So the millions of customers (or just one million, forget which it was)... about 6000 who obviously had issues to start-off with, were asked to take an unofficial survey that confirmed no actual results (Just testimony, and possible FUD spreaders that might not even actually have an account)... about 60% of them actually have issues, the rest of the 30% who took the poll, didn't have any real issues.

That is like asking new customers for your cell-phone, who came from another carrier, to take a poll about how bad the other service was... not asking actual customers that are using that service, or actually checking any polled results. They went to the other carrier BECAUSE they were having issues. So that is a biased negative poll with no sustenance.

They failed to ask.. what was the amount you attempted to withdraw. ($40 wire for $10-$100 is obviously a low priority to Gox, as would be one suspiciously of $10,000,000.)

They can't be doing that honestly bad of a job, if they still have customers. (For now.) Longest time I had to wait for a withdraw was about 8 hours. (For BTC. I have no interest in removing money.)

Throw regulations at them, and you have more hindrance added to the mix. All and all, in my shallow opinion, I think they are doing well, for what they are. (That is not actually a compliment. )

The thing with alts, as I see it, is this...

Alts HAVE to be lower. Due only by immaturity as a "real limit".

BTC will be the Gold, LTC the Silver, and the rest like Copper...

You can only hold so much Copper, before you get dirt-rich, and have to upgrade at some point to Silver trades. Again, once you are muddy-rich in Silver, you then have to upgrade to Gold to become filthy-rich...

After Gold, there will be a specialized Plutonium or Uranium to get into, but only for the filthiest of the rich, to exchange riches for power. (That would be back to a "registered miner base", I am sure. If you can even join that club.)

Each level-up does and will require some losses in the leveling, sort of an unavoidable "cash-out" sacrifice to obtain the higher level, as what happens now. (You can only own so many junk-coins before you are the whole market. After that, you have to actually work to add value to your holdings. Thus, why we take the loss. It is just easier and provides more potential for competition to rise.)

Every nation needs a king... not to rule them (though they will try)... Just to have some kind of higher goal to reach. Some will want to be king, and will be... Some just want to be in the path of the kings golden dust falling off his royal ass, and will thrive above those who are just down-wind of the odor. Still, some will strive to be in that repugnant air, to catch the silver dust falling off the other guys rotten souls. Furthest from the line, is those who just pretend to not care, pride driving them to remain the servants they despise being. Living in the oxidized toxic copper dust falling from the polluted air.

Some junk-coins will be another mans treasure, while the rest will just always be junk. BTC would not thrive without them, as a dollar would not thrive without pennies and other dollars of other countries.

Crypto-coins are (as a whole), a universal value to glue and bond gaps where dollar/dollar and dollar/asset conversions would otherwise fail. They are needed as much as a dollar and credit, for "currency value" to progress into the future. Dollars alone, like all other dollars before, would just eventually fail. Like all prior governments have all failed, and these that exist now will soon too. They just don't suit us anymore. They are failing us, as the dollars that fund them have failed. Change and progress is inevitable, resistance is futile, there is no spoon!

It is not change they fear, it is the transition and loss of power that they worked so little to obtain, which scares them.

Lets turn the moon into a giant world clock!

I was thinking that this could be done with a simple laser, from a satellite/satellites, orbiting the moon itself. (For the dark-spot.)

For the light spot, simple shadow-casting by solar-automated sheets of plywood/solar-panels would suffice for hours and minutes represented as numbers like a digital watch. (Since the same side of the moon always faces the earth, it would only have to be adjusted once every few hundred years as the moon slowly rotates away.)

I figure it would also have to be mirrored-time (digital representation), so those below the equator would not see it upside-down. GMT time, for simplicity.

Something to compliment my sun-dial, for the night-time, when my sun-dial is useless.

Any thoughts?

Oh and ditch this whole time-zone crap... Just one time, all the time... no daylight savings. Get up earlier, why burden us all with time-zones and DST adjustments twice a year. "Noon" and "Midnight" have been irrelevant since time was invented. It has no relevance anymore.

Oh, and lets paint the surface green or blue, to match the earth... I am tired of looking at that ugly grey color!

You'll never be able to say... Sorry I was late, I didn't know what time it was... (At night)

Don't worry, this will not hurt watch sales. (People still buy those things?)

Oh, the "atomic clock" signal that feeds GPS would be used for keeping it correct. No winding involved, or batteries to replace.

I think maybe he misunderstood... since that is second-hand news.

They may have said they are shipping orders up to 600?

Can't see why they would start at 600. Unless they told him orders 600 and up will be the next shipping date, next week. Thus, this week is 300-600. Next week is 600-900?

Though... if 1.2THs started at 400... (200 a week, ~34 a day * 6 days) {Lots of assumptions there}
400-600 this week
600-800 next week
800-1000 third week
1000-1200 fourth

That would be about 5 an hour, in a normal 8 hour day. If all 200 were just one 1.2THs orders. (Sounds realistic to start.)

Define travel... I am perpetually living in the past, 0.00000001 second behind light itself and 250ms behind the markets. Even standing still, I am traveling millions of miles an hour...

I stand on the surface of the earth, it rotates thousands of miles an our around the axis, that travels thousands of additional miles an hour around the sun, which travels thousands of miles an hour around the spiraling milky-way galaxy, which is hurling through space at an additional thousands of miles an hour towards the Andromeda galaxy, which is spiraling around the other swirl of galaxies going millions of miles more through the universe... Which may be expanding perpetually faster, at millions of miles an hour more!

I think we are all traveling the speed of light... Must be, we are all energy... Finally, Einstein was actually right! (Not, but close enough again.)

Throw a 60 MPH fastball off the back of a truck traveling 60 MPH, and the ball isn't actually moving, to the observer on the side of the road. (Well, it will fall down to the ground at the speed of gravity-pull, from 0 MPH.) Throw it off the front of that same truck, it is now moving 120 MPH to an observer on the side of the road. Don't get hit by the one thrown off the front of the truck, it will hurt more than the one thrown off the back.

Also, this takes into consideration the FUD limiting some reservations about depositing money into Gox. With the added 21-days delay that the IRS has forced on large income-tax-returns this year. (Low-income and EZ forms are not delayed, but anyone with $3500+ returns, involving kids and schools, have had a forced delay for reviews.)

Oh, and Obama-Care, the "affordable for my rich friends, who don't actually need discounts" health-plan that makes health-care still unaffordable for anyone making less than $16,000 a year, who couldn't afford it in the first place. (They have about $50-$120 a month that they are now forced to pay. While the rest, below, just don't have any actual health-care, still.)

You know, instead of capping "doctors" and "insurance rape", you just force the rest of the community to keep paying gross prices for things you didn't actually need.. Like $8,000 a day rent for a hospital bed, and $1,000 per pill aspirin, and $4,000 an hour for 2-min of a doctors time to look at you while a student actually attends to you for minimum-wage. lol. Gotta keep those doctors playing golf and flying around the world on vacation five times a year, so they have 2-min to spare to tell us we need aspirin, while we are waiting in bed for them to come.

Also, silk-road 2 being dead/down, and silk-road 3 not being any actual success in the future, to become a future loss.

P.S. If Amazon adopts BTC directly, to compete with the CC's and PayPal... Then adjust #14 values to $2,500/BTC and $40,000/BTC respectively. xD

#6... "don't make it in time"... I meant them trying to move BTC out of gox, to the other exchanges, to take advantage of moves. (Since gox said they would limit withdraws and "who" can withdraw.) I did not want to imply "getting out" as in, getting out of the game... (cash-out for dollars permanently.)

I do think some hopeful higher values, possibly above $1240 might show, prematurely. (That is what I was also trying to imply by crazy highs. Built by selling what they earned the whole way up, expecting it to rise higher, but failing... Before my $6000 at the end. In April/May. )

Not sure where DDOS and "exchange congestion" and "BTC block-traffic" will play into all this either... a little the whole way... I imagine.

Be bold... That is what speculation is!

I also think MtGox will be one of the ones moving some of their earnings onto the other exchanges, to take part in the dumps. (I would if I were them. Their BTC is just as valuable as ours.) They are going to need those funds to open up all those bank-accounts around the world!

Also.. Might go 4,3,2,1... 5,6,7,8,9... (Now that I look at it... Someone might preemptively swipe-up the goods, after finding-out they can withdraw, secretly.)

Gox feels more like a reverse-pump, a pull-down, to swipe-up cheap BTC... stops right at certain values that no normal human would sustain.

Need sleep... Post if you have some oddities that I should consider, other than my own observations. (Anything out of place in the BTC world.)

Yea, that is why I wanted it where I can't edit it, in another one. I constantly edit, even weeks after people have finished ignoring me. lol OCD/ADD

Yes, my trust is faded in MtGox, but not completely lost. (I still attribute all this crap on all exchanges to growing pains of old-dogs trying to learn new tricks that new-dogs have better training for.)

Thanks GIANNAT... xD

Your input?

I also took into account, all the mini-pumps locking-up some BTC on the alt-coins. But DogeCoin has had lots of dumps, that liberated a lot more than was locked-up in the other coins. That and 42-coin and moon-coin.

Can someone do me a favor, and quote my first post... just so no-one can say I edited it to favor the direction.

But they already shot their foot... Then we chewed the meat off, and ground the bone, on MtGox... Still chewing a little too.

I would have thought they would have done that too... But apparently, this seems strategic, or an act of desperation, by the person/people who did cash-out. (It was all exchanges, but MtGox had the whole panic and FUD issue too.)

So do you think it is going to go down, and everyone will isolate themselves to MtGox when the gates open, knowing all those high BTC prices are floating just outside the gate? Doesn't look like much money is flowing into the other exchanges.

Then there is also Huobi, who cashes-in/out on MtGox/USD also. (They just convert at the USD/CNY exchange rate, or loan us back our USD through Obama.) At the moment, besides MtGox, they are the only other exchange with greater volume. 1,400,000 BTC compared to MtGox's 550,000 BTC volume, on this drop.

I think it is safe to say we are not waiting for news... but rather, just a move... One big kick, and the market will rocket in the opposite direction.

Anyone got a couple million to throw at the market to make it cascade in a favorable direction?

Thank-you I think...

So you disagree? Come-on, play... or at-least call me a nut, or something...

(Can you tell I am bored, waiting for the hammer to drop.)

How would one speculate if muted... Sign-language? Words? Video?

1: MtGox opens the flood-gates (Prior to announcement, found by just trying to withdraw.)
2: Someone detects large moves in the block-chain, but coins were already sitting in wait on the other exchanges.
3: Some idiot prematurely dumps and causes a panic on the high exchanges.
4: The panic-Buy on MtGox runs up into crazy highs, with high resistance.
5: Other exchanges see rise, they rise in confusion/competition... (Wrong move)
6: Everyone with BTC on MtGox, who was going to move, tries to move... Some don't make it in time...
7: Other exchanges panic-sell with the actual dumping that follows. Get knocked down after crazy high prices just made a bunch of people a lot of money.
8: No intentions of cashing-out for the money on the other exchanges, the dumps go lower, in pure panic now...
9: All that "money" just gotten, is now used to buy-up all those panic-lows...
10: Quietly, they move the massive qty of BTC back to MtGox, waiting for the money to come a month later, from USA income-tax-returns. (Play money, to arrive in MtGox, now that the panic is over, and all exchanges are equally low, but MtGox still remains just enough under the highs, to get the deposits.)
11: Out of the remaining dust, the holders of money at the other exchanges just decide to cash-out the funds they had to spend on BTC... Some to deposit back on MtGox for the lower rates... After all, they have time, there is still another month expected before the actual peak-rush to come.
12: MtGox works overtime getting deposits into the exchange, opening an American bank, a Chinese bank, and a European bank... Near instant deposits, with no need for "international fees".
13: The world returns to normal as BTC hits a yearly true peak of $6000/BTC
14: Following months returns BTC back to a normal price of $900-$1240, for those who waited for the rush to end, fueling next years peak of $25,000

Anyone want to take bets? JK, I don't gamble... Want to sell me your BTC? (Ironic)

Oh, and LTC crashes as everyone cashes out for all those uber-high BTC values, and uber-low BTC prices. (On BTCe)

Take note to the $40 million dollars 43K BTC listed above $1240-$2590/BTC on MtGox, up to $6000/BTC, which does not even show on the volume charts. $6000/BTC shows once in a while... volume beyond $2590/BTC seems to just not display, but it is there.

Only $5 million below buying price on MtGox... not worth cashing-out to anyone with any value in BTC... not even a stupid guy with millions of BTC would take that big loss. lol.

I think I summed-up about 550,000 BTC swapped around $240-$500 on MtGox the last few days... That's a lot of discount BTC people got in the cash-out and run-around. Discounts stopped rolling in though, the last few hours before the gates are ready to open.

lol, nice...

Time doesn't fly... Now it barely even crawls!

For those who want it even slower, we have the week-watch and month-watch... Coming soon, the year-watch!

Damn that grass grows fast!

Stupid joke...

Time flies like an arrow...
Fruit flies like a banana...

(Fruit-flies, Like a banana)

#1 Word of mouth... (Good or bad, but good is better, obviously. Well, depends on the person you are talking to.)
#2 Trust... (Better to inform them of all known truths, and let them research themselves.)
#3 Give... (Give them a fraction of a coin at the right time... like now, while it is on the low. Let them see it rise and fall again. However, tell them not to spend it for a year. One year later, I am sure they will buy more, or try.)
#4 Advertise: Buy a Solowheel, and drive it around. (Everyone will ask you about it. Tell them you got it with bitcoins, and use that as the ice-breaker.)

Beyond that, the best you can do to support the network is buy more when they go low, and sell a few when you think they are high. (Not all of them.) You potentially give someone with a long-term outlook, a chance to get one at a price they were willing to pay. Without consuming all the value for yourself. (If you didn't just dump all your coins at once for that high value.)

Make someones day... sell someone a fraction of one, for a loss, if you can afford it. Let them get that gain, which was in your abundance.

Don't panic on lows, or cash-outs... You help the market restore faster if you keep your cool. But don't hesitate to swipe up some of those low values, even if they are not right where you think they will bottom-out.

Oh, and screw with banks... every visit, say to the teller... "Wish you guys accepted bitcoins here"... Usually they say something like, "We might, would you like me to ask"... They think you are talking about a physical coin... Laugh a little and say, "No, it's a digital form of currency, like paypal or credit-cards."

Say the same to any store too.. the person at the register... they will either look to see what it is, or mention it to their boss, if they think you are serious.

Also...

Play dumb... just ask someone.. "Have you heard anything new about bitcoins?" Then mention some news that was good and something that was bad. They will look, possibly, just to feel informed with what you were talking about... like it is something they should have known about. (That is actually how I got hooked.)

Never say crap like...
"Dude, your stupid if you don't get some of these!" (That just insults their intelligence, they won't do it just to spite your suggestion of them being stupid.)
"This is going to make you rich!" (They will think you are a sucker for believing that. Then repeating it.)
"This is the best thing ever!" (Trendy feel, pushes most away. They assume you are a noob. Like a kid who just discovered farmville and facebook.)

P.S. Don't preach to the choir... We all are here already, because we believe...

They actually released a statement, that this was targeted at "registered businesses", and "those operating as a business, with large sums of clients and monies". Not individual John-Doe's who sell a few coins for a profit. That is just asset sales, and treated as such. (Transactions over $10,000 or volumes over $10,000 by any one person, are the target of the laws. Not single transactions under $10,000.)

Two transactions does not make him a "money transmitter".

"I will think about it", does not imply "Yes, I think I will", it implies, "I am unsure if I will participate, and have decided not to answer you at the moment".

If he was willing, that would never have been said. It would only have been said if he didn't want to do it, or had reservations about participation in facilitating the aforementioned apparent confession of illegal activities.

Getting arrested only implies that they "think" you may be guilty of a crime. The judge is the one who determines if any crime has been committed. To cover all ground, for possible convictions, the arresting officers will charge you with many things, and hope some are actual things which might be upheld in court. Rarely does anyone ever get found guilty of all charges, in most cases. They could have thrown j-walking in there, just to be dicks.

They acted rash, obviously an attempt to "ride BTC coat-tails", to try and make an example out of someone. That, or they actually had reservations that this person was conducting illegal activities, or just assumed so, because of the mention of BTC. (In light of news like silk-road, and due to lack of understanding what BTC actually is. We call those "white-knights", who are often misinformed, and get made to be the fools and branded forever as witch-hunters of the modern day.)

Banks are "Trusts"... No? You trust your funds will be there.


You are arguing semantics, and failing. A bank is nothing more than a storage location to keep things of value. Next you are going to say that credit unions are not banks... A blood-bank is a bank... Some even pay for blood, exchange blood for money, OMG!

The initial value of BTC came from money spent on assets, and time labored without pay. Debt. The same thing that drives it now. The same thing that gives money its value.

After mining, the miners still have to run, to do the transactions. Us, being the banks, have to depend on them, or buy assets to keep the network moving. The cost is our assets and operation expenses in electricity and time. Our payment is fractions of fees, after mining has stopped.

A bank-note is a check for $1.00 or $5.00 or $10.00 ... ... It is owned by the bank, given/lent to you, and has no actual physical representation as an asset beyond what you "think" it is worth, to you. Banks will not give you anything other than another dollar, for your dollar... Actually less, in most cases.

We stop using dollars, and the thing in your wallet is only of value to you. The bank won't take it, or they will, but you will get nothing for it. They have nothing to give you. They won't even give you the pen at the teller, because they don't want your dollar. It is worthless to them if you don't want it, and if they can't find anyone to use it.

It has happened before, and it will happen again. Banks are an old inefficient dinosaur that can't afford to keep up. It costs them too much of your money to maintain. Currency will be tulip-bulbs in the future. Something like BTC, birthed from BTC, will be the future. (For now, it is the future. FIAT is undoubtedly the past.)

You are right, it is not a "money lender"... That is not the only type of bank. Not all banks lend your money out to strangers or their friends, or themselves. If that is your idea of a bank, then continue to use those places. They are doing you wonders, decreasing the value of your dollar. The one in your wallet. (Wallet is a style name, like purse, or vault, or safe, or pocket. They are all storage containers, and thus, banks. Funny, because most banks keep your money in other peoples wallets. Irony!)

A wallet is a form of bank, if it is "held" there, you have "banked it". Is a piggy-bank not a bank...

If you hold MY money in your wallet for me, that would make YOU a bank, and your wallet the vault.

So, Augusto Croppo...

If it is not any of that... then why are you here, using it? Obviously it isn't worth any real value... Oh, that's right, because to you, it is something of value, just like the money you hope to get for it...

Coinbase isn't a bank... Funny, it holds money... it transfers money... It does exchanges... What exactly is a bank? Enlighten me with your wisdom of what a bank is... and what a bank isn't.

The only thing they don't do, that we know of, is lend your money or BTC out... That we know of... So it is better than a bank. Your funds are still there, they are not being loaned-out, being risked by that "bank". Laoning out money is not a requirement of a bank, that is just what most FIAT banks do.