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Feels good man
One less douche on the forums.
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so rally starts at saturdays now?  whats going on lol let me have some break will ya .. oh and the wall observer split forum thing.. not liking it.. i want drama and fun to be all in the same place Agreed. We need a new platform to handle such a thing. Like IRC on steroids or something. |
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Regarding WU and their ilk... I find it hilarious that Bitcoin is forcing them into Prisoner's dilemma AKA "a bunch of blindfolded guys are being tortured in a helicopter" scenario.
Invest into popcorn. Let's see who will chose to stay in the helicopter.
P.S. We are about to embark onto watching a new spectator sport called competitive adoption of Bitcoin.
I don't think they feel threatened. If so they would have start a FUD campain or ignore btc as a first stance. Btc is still VERY anecdotic. I think they have some clever guy up in the company ( the boss?) and also consider that they have already did some drastic changes. They use to be a telegraph company. So i think they are just considering an opportunity. Now if they accept bitcoin all the competitors will rush into it that is for sure because the others will be at risk of being left behind. They would have to be extremely naive to not be threatened by bitcoin. If they are not naive, they know what would happen by trying to put it down (how well did that go for the music industry?). The absolute best thing they can do is to modify their business model to incorporate developing technologies like this (as they have done many times in the past) and as they can make a good buck from it, they are doing so. Kudos to them if they create the first worldwide physical exchange infrastructure for bitcoin. Both bitcoin and WU will win big from this. |
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When quantum computers break normal cryptography, it will be replaced with quantum cryptography, no?
No need to replace everything. Conventional algos (for example, http://en.wikipedia.org/wiki/Lamport_signature) will work even after the rise of quantum computing. Why is that exactly? I dont see any reference to it in the wiki. |
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In another forum I belong to, someone said (claiming to have a background in cryptography) that the usefulness of such a system was limited to around 200 years because after that point the computers will be too fast and therefore cryptography as a method of security will be outdated.
I remember reading somewhere that it would take more computing power than energy was in the sun (or something insane like this) in order to hack a private key. Does anyone have the link to what I am referring to?
Thanks
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dare I say 100 by the morning?!
Bam. |
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 Nearly 21 million in bids now, dare I say 100 by the morning?! |
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misreality,
you keep saying "it iz tim". either you're lying to me or you're an idiot. which is it?:
A while back, I stated that I would no longer offer time estimates. The "markets" have been destroyed and offer no ability of price discovery now. I also had said that a dollar spike with no correction before consolidation, combined with a commodity collapse (esp. gold), would indicate paper/physical separation; general lack of dollar support in terms of real assets. I do like the ad hominem, though. You'll end up eating your words regarding gold. Maybe you'll donate some of your BTC to a worthwhile organization when it happens. The price for gold will surely go down rapidly as the divorce from paper to physical occurs. Are you saying that the price will rise even in excess of where it is now even with the split? I'm not so sure. |
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Kinda bouncing
[chart]
either you're being intentionally misleading or your position is biasing you. I, for one am SHOCKED.  |
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Updated with Okcupid, thanks for the reminder |
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I just want you to say thanks for the analysis discussion. I only have high school math, but I have some inkling of what's going on here. Unfortunately I bought today at $77 after cries on other threads (unsubstantiated cries) that $50 is/was the bottom. Cries of guys who should know better considering how long they've been around it seems. I know this analysis doesn't include some uncalculable factors, but I trust math and experience - so it's reassuring that I can believe when it hits the bottom of the crash I MAY only lose around half my value to the USD as it stood when I bought in. It's an interesting experience - I always hated the premise of trading stocks - but here I am, in a very similar environment. Ultimately, personally, I'm extremely interested in this new currency and it's implications. I do wish my impatience hadn't led me to emotionally want to buy in "before it's too late" in order to store value as it increases in adoption. Wealth generation aspirations and jumping on the bandwagon aside, I want to be a part of the bitcoin community and the pioneering that the recent media coverage has enlightened us to. Watching the price teeter down to $65ish, and reading your discussions has led me to consider that selling out now and waiting for $35-40ish might be a good idea? But at the same time maybe I don't have the patience and I've spent a week staring at charts and reading everything Bitcoin and cryptocurrency when I should be completing my degree. Perhaps I should just lock my wallet somewhere offline and come back in a month. Anyway, I didn't mean to write so much. I guess the whole experience been a bit draining (I was also part of the Bitcoin24.com fiasco). - So a little human story for you there totally off topic thanks Do your own research. Never listen to anything anyone says on the internet. the end. |
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HAHAHAHAHA BAHAHAHAHAHAHAHAHAH seriously, what. the. fuck. |
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Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
Indeed. If the market follows metals the way it usually does, watch the fuck out. http://www.youtube.com/watch?v=uvqJ1mTkEuYShouldn't the price go up in this eventuality? Well, yes eventually. But when is anyones guess. I've heard wild speculation of gold/ silver falling multiples below where they are now and since stocks tend to follow the metals.... this has the potential to portend something massive. |
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Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
Indeed. If the market follows metals the way it usually does, watch the fuck out. http://www.youtube.com/watch?v=uvqJ1mTkEuY |
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Guys, please dont feed the troll.
In other news, getting past 80 will be a good indicator that we are back on track for the stratosphere.
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 My money is on 50 holding (quite literally speaking). |
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Looks like we are going up again... please no.. I'm still waiting in the verification qeue of Mt.Gox....
annnd.... this is exactly the reason we are going back up again. |
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