what is the source of this list? how has it been created  I'v seen a completely different listing few days ago  is this even updated? Hey, it is an absolute must to have link if there is another list!  This is updated every time there is many enough pieces of new information. |
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Do you actually not understand? The gold was sold by the banksters from the "public" pocket of Her Majesty's Treasury to the "private" pocket of Rothschild, when the time was opportune: - The populace could be convinced that it was beneficial to get rid of gold - Price was low for the buyer - Buyer had ample means to pay due to expansion of fiat and financial instruments. |
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There is really no explanation needed. Market wants up.
Why don't you buy some then? No one with actual money is on the buy side, that is why market is not going up despite your wish. |
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I just can't shake the feeling that there's one more good thrust left in this run.  I would rather explain this by goxbux cashout. Other exchanges are not following the widening bid/ask spread at all. |
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The fact that a simultaneous buying takes place in gox and selling in stamp is so hilarious. Soon you will say that it is bullish that a large holder of goxbux wants out! China: "yawn" |
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explained above. 1/6 you misunderstood, 5/6 stand unrefuted.
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so explain to all of us why they let gold rise from $250 to $1921 from 2000 to 2011.
don't say they manipulated it up as that wouldn't explain why Gordon Brown sold the UK's gold reserves at the bottom of 2000.
They thought that because of their successful manipulation, gold was cheap in 2000, so they would like to buy some from UK and other signatories. It was not needed to actively manipulate it up, it would rise quite naturally after so long suppression. Gold's market cap had become minuscule compared to their derivative machinations so buying up more and more gold was not a sacrifice for them. In 2000 they thought that gold would be useful. |
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Especially noteworthy is the lack of bids $700+
What do you mean by lack of bids? I see what looks like a healthy cumulative slope of bids $700+ In Bidstamp it's half the depth to $700 vs. to $1,000. But admittedly in Gox not. Did not check that. |
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China isn't moving because the Chinese are asleep.
China is down -5.7% over 3 days. Also the arbitrage is closed, which means that west will have to raise the price to $1,000 by themselves. We are also more than 2x ahead of the long-term trend, which is a very extended position. Bid/ask charts are quite tilted towards the latter. Especially noteworthy is the lack of bids $700+ Volume is low. Ch00000000000000........EDIT: the last one is pronounced: "irrational exuberance is running rampant in the forum, expecting price to rise based on previous rise" |
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New money still uses Gox because it has historically been the most reliable and trustworthy exchange. Big money gives zero fucks about Goxbucks, they just want fresh and juicy coins.
You could be right, but considering that other exchanges are not moving, and there is a large overhang of goxbux from people who cashed out last week, I think the action in Gox is mainly their money transfer. Gox is higher than China atm! More consolidation ahead... |
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Tuesday is a prime day of the week.
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Meanwhile I write about the positive case of Bitcoin revolutionizing the world of money, like Internet revolutionized the world of information: That confirms my expectation of a price peak 2015 +/- 1 year, i.e. I don't expect we make it to 2017 before Bitcoin's bubble has collapsed. This is my opinion. No way Bitcoin makes it to $1 million per BTC, because that would be a $20 trillion market cap which is much larger chunk of the global net worth than I think is realistic for what what I view to be an irrational mania not supported by fundamental value of a currency.
You told some time back that you would not sell your experience to me at any cheap price. What part of your experience is only valuable in the context of Internet? What would you say is the value of Internet to you, or to an average person? As for me, I am able to live without a good health. I would pay much to gain one, though. But I don't own a house, have a car, or TV, or coffee maker, even though I could buy those things. They are negative value to me. Without Internet, the world would go back to information repression. Dark ages. Let's say I value the freedom of Internet to $1 million. In actuality I value it much more, because instead of going to work, I spend my days solidifying the Internet by posting valuable free information there. I would make much more money than $1 million by going to work and scheming something that profits me in the expense of others. I think Bitcoin brings even more important things to the game than Internet. It is the coercion-free money (transfer protocol) of the Internet, and capable of bringing such abundance and freedom that the oppressive structures of the world would just lose their grip. Vote, or exit. Bitcoin enables exit in actuality for large groups of brilliant people, whereas PM's only enabled exit for very few (like you and me), and those could not leverage their exit any way. Internet enabled exit for VC investors (pun), but their money sits in the controlled financial instruments. Bitcoin is the most important exit, considering everything that has been available so far. So what is my net worth calculation? Health. Knowledge. Most of the other things are worth zero (and for this reason I don't have them). Oh yes, and some financial wealth, most of it in bitcoins. Is it so difficult to think that the Internet is worth a double-digit percentage of the world? The world is valued at $400T, which does not include Internet. I cannot easily dream how Bitcoin protocol in practicality changes the world (any more than I was able to grasp how many industries were revolutionized by Internet before it started to happen), but I can say that $6T, gold's market cap, is only realistic in the case that Bitcoin does not turn out to be more than digital gold. If it really takes off, it makes most of the valued structures in the world obsolete (the same way as I sold the cars and did not buy a TV even for free). The real limit (in mathematical sense, limit is the absolute upper bound) for Bitcoin's value is more than 50% of the world. In Old Testament times, the property rights of land could not be enforced, or were not applicable in cases that land was only used for herding. The technology was uniform and there was no capital stock (material or immaterial). The wealth of people consisted of cattle, salt, cloths and garments, and gold and silver. The gold and silver accounted for more than half of all the wealth (including land!). Perhaps we are entering in an age where most of people's wealth is again in most hidable, most protable, most usable form, as the industrial age and its huge capital requirements give way to Internet based businesses with immaterial capital, capital which can be created directly from knowledge, by mixing in only a trivial amount of money, which is ubiquituous anyway. Soon everybody is so rich that money will only be used to buy groceries. The more interesting things of this life will not be (able to be) bought with money, any more than they are now. The difference is that nobody will be out of groceries |
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In summary, the most efficient distribution of a currency is legal tender by government decree.
I suppose you are too tired to think reasonably. Just wait, I will be able to present the concise model of bitcoin balance evolution (so far and from now on) in a few days. |
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I am in the process of calculating this. But currently, and based on the experiences of having already gone up 5.5 orders of magnitude and less to go, I think that there will be no early adopter problem. Also I think I will have to take the average 17% rake into account when discounting all the 2010 (AHA), 2011 (KnightMB) and 2012 large holders.
Let's face it, according to math and blockchain, only 2 million coins (16%) belong to the original owners. There is no problem in Bitcoin regarding this issue. Anonymity and blocksize are issues, but not the topic of this thread.
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Large retailers won't take the risk of 0-confirmation transactions, even small ones. It's just a non-starter. Part of the reason I'm there, however, is to fix that. I think the submitter is not even close to thinking like a large retailer. What if everybody would just think with their own brains..  |
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But also the sentiment that maybe you can be right with your price prediction helps.
I was the greatest beneficiary of my own predictions. The sentiment in May was so bad that I took it as proof that we cannot go down much more, and bought with both hands. Now with todamoon and everybody liking me, I am much more wary short term. |
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Familiarize yourself with my concept of "rake", which is the % that you sell after each doubling in price. Even if your average rake is as low as 10%, it means that an early adopter with a cost base of $0.005/ BTC, has only 16% of his stash left when the price hits $1,000. With a 20% rake he has a mere 2% remaining. Each doubling in price requires new money to push price up. On average, about 25% new money has been needed, compared to the market cap increase. This corresponds to a weighted average rake of about 17% among current market participants. If we extrapolate the 17% rake to the price going from $1k to $1M, only 16% of the bitcoins will in the end belong to the same people. The paper wallets that are regarded sacrosanct at present, will be opened in stages if/when the price rises higher than the owners expect. What is the thread is actually moot, and the market mechanism is well able to take care of the distribution of the circulating medium?  |
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Its not an insult, you guys need to research about this reptile dude b4 even bother reading his post. He was a laughing stock. Then he admitted that he needed help and checked into rehab. None of that is an insult. I'm shocked seeing him back and the same old "i'm loaded, i'm dumping coins" BS.
If you check back to my posts last spring, they did indeed generate more angry responses. So I decided to back away from the forum until they would be better received. IMO this is what's happening just now - all of my threads are receiving spontaneous kudos from newcomers especially. Good for you. Just stop with supernode and whales crap and you'll be fine. Lol, one cannot deny his destiny: Once I get my hands on the 8-figure amount of CNY that is sitting in my trading account, I buy a 1600s palace with a 14-acre garden.  Beat that dude! (With this rate of value appreciation, you can easily in 1-2 years) |
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Its not an insult, you guys need to research about this reptile dude b4 even bother reading his post. He was a laughing stock. Then he admitted that he needed help and checked into rehab. None of that is an insult. I'm shocked seeing him back and the same old "i'm loaded, i'm dumping coins" BS.
If you check back to my posts last spring, they did indeed generate more angry responses. So I decided to back away from the forum until they would be better received. IMO this is what's happening just now - all of my threads are receiving spontaneous kudos from newcomers especially. |
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some large buyings at bitstamp, but still pretty walled by that 1500 btc guy
as long as he remains sitting there, bitstamp won't follow gox
whales creating arb lol You know, we kind of decided that $900 is the cap for now. |
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