best wishes reptilia, but seriously, I don't know what to think about you... you are quite the enigma and I'd rather not be a part of your melodrama.
Despite the fact that about $100k is scammed from me annually, plus I lost 1,100,000m BTC two weeks back and possibly more last week, the following statement is true: "I have never possessed the private key to any less than 2,400,000mBTC nor any more than 35,000,000mBTC, at any time since the beginning of 2012."I guess that puts me on the map. I think I was among the wealthiest people in the summit. enjoy The way he phrases this he would not be lying if he, in fact, has no bitcoins at all, as he would never have possessed the key to less than blah blah because he would never have possessed the key to any at all. |
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heh, trades are still going through, I see them on MTGOX live, but I can't log in.
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big sell wall pushing the price down. Is it a short and distort?
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It can last weeks.
That's not very long in the grand scheme of things. I beg to differ. Confidence is about knowing we won't tank. Compare with 2011. We're doing pretty good. And what happens if we do tank? Don't be all in or all out. If we tank than use your cash to pick up more shares. If we go up then at least you don't have to buy in later 2X as much. I know this is a speculation thread but we shouldn't really lose sight of the point here. It isn't about making money per say. It is about helping a new money to get a foothold. It is about being an early adopter to a revolutionary and risky idea. I'm cool with all that. So, instead of what others find to be a good entry point, make that decision for yourself. All I have to look at is the current "float" - 11 million is nothing. That is worth taking a chance over. IF we do succeed then these prices will seem like nothing (do the math regarding the float). If we don't succeed then I'm sure we still took part in one of the greatest experiments in recent history. Think about that - governments and wealthy individuals have always controlled money. This is the first step away from that (that I can think of). Still nice to say, years from now, that you tried to do your part to change things. And if things really take off, we shouldn't lose sight of the fact that it is truly all about sharing. I'm game when that time comes, we are all in this together. I'm afraid I can't see that. Yeah, it makes money for people, but it makes more money for people who have more money. This shifts some of that control around a bit, but it isn't revolutionary in that way. It is revolutionary in that it allows people to trade without involving fiat. That potential isn't realized yet, but it is there. The potential to make it all about sharing? Not so much. |
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Do you guys aggregate anywhere? Is there an org representing you or a particular forum? Are you guys just scattered?
speculation sub forum. |
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Printed money is shitty for long distance transactions. Bitcoins are great for long distance transactions. Bitcoins are shitty for face to face transactions, printed money is great for face to face transactions.
Yes, BUT, paper and coinage change is also a hassle. And most of the face-to-face transactions are for small amounts. *Sigh*. If only they had created a $9.95 banknote it would have made shopping so much easier. If they did that everything would cost $9.94 making things cost just less than a note is a marketing trick. |
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$1M usd disappeared today from the order book. We may see cheap coins soon  The speculation game seems a lot like warfare. Did the army actually withdraw, or did they want to make you believe they withdrew before attacking? All I know is that the $1m that was removed was at under $50 USD. Could have removed it to wait and put it back in higher. |
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Of course the major difference here is that you generally cant directly spend silver and gold but you can directly spend bitcoins. So in my mind, that 100% removes the gold vs silver argument. You really cant directly spend alt coins and their only good for converting to bitcoins or cash. I just don't see any advantage of any kind that alt coins offer.
You can spend litecoins, on the Atlantis black market. |
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I'd say that silver is better than gold. It has more practical uses, and it is not so expensive as to keep those uses from being things it is used for. Gold is, basically, just expensive and durable.
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Printed money is shitty for long distance transactions. Bitcoins are great for long distance transactions. Bitcoins are shitty for face to face transactions, printed money is great for face to face transactions.
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bitcoin is also helpful as far as international transactions go. So someone who is taking orders intrnationally and buying supplies internationally could be helped by p=using bitcoins.
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I think that 390 at 116 is what I mean, yes.
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Looks like a pump and dump, how high will it go?
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Gox volume is also down, which I am sure is part of it.
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No one wants to buy so high. Price will drop. Unfortunatelly I am a bull at higher levels...  or, nobody wants to sell so low. |
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This is exactly like oil speculation except oil companies manage to bump up the price constantly.
Needless to say this is pure speculation and nothing else. Look at the market right now.
People with five million dollars don't dump it into companies which are supported by speculation alone. Period. I think you misunderstood what I meant, I was referring to OPs price claim. The second line I mean. The first was a generality towards the majority of the speculation board. and in BTCs case aren't the people with five million dollars able to play with the price to their hearts content? I mean no disrespect Sensei. I have much to learn from those more experienced than I. Ahh. But no - I don't think five mill is enough to totally control the market. In fact, I suspect that some of the whales are getting fucked. The bitcoin people with their new wealth do stuff that experienced speculators would never expect. It must be frustrating to a professional in this market. I have no sympathy. I learn more every day here - I just wish I was better at unlearning. I'm absorbing as much as I can as well. In my case, I learn fast, discarding is easy and have suburb instincts and sense. BUT, there is one thing hampering me. Bad luck. I'm still bleeding because of missing the mark by 50 cents. fml Anyways I don't know what to think about the whales. I mean, those 1000 sell order walls, this and that. I really hate the idea of rich pricks gaming the market while screwing everyone else. If you learn how to predict the whale behaviors you can ride their tails and make some money along with them. |
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I remember being incredibly excited when bitcoins reached parity with USD
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Looks like someone pressed the "Oh he's just bought in, let's drop the price by 4%" button again.
Seriously, it happens every time.
I hate that, happens to me too. It'll follow the same pattern for like 3 cycles, I'll buy in and it'll drop more. Or I'll sell at what looks like peak and it'll go up. Fortunately for me that tends to only be immediately, and an hour or so later i am still coming out ahead. |
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Yep, Chart Buddy is totally broken.
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Are you planning to break this up into several smaller loans? Or are you looking for one big lump sum?
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