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7541  Bitcoin / Bitcoin Discussion / Re: I used to have some respect for Chris Douane... on: March 10, 2013, 10:26:09 PM
haha, lol. Just had an idea:

We should point Chris to litecoin. He'd probably love that ("if bitcoin is gold, then litecoin is silver").
7542  Other / Beginners & Help / Re: Good SEPA bitcoin trading sites other than Bitstamp? on: March 10, 2013, 09:25:31 PM
I cant use Bitstamp anymore because my bank told me Slovenia had closed bitstamps account because of Fraud. So I need a new bitcoin site where I can make SEPA transfers. Mtgox requires you to send in ID and other information before you can do that so I rather not use them.

you could try bitcoin.de. It's not only for germans. People from other countries are also using the platform. As long as you can do EUR SEPA, no problem.

It works a bit differently. They don't keep EUR balance, only offer marketplace (find offer or put one up) and they escrow the bitcoins until the SEPA transaction is confirmed by the seller of BTC.

I like it, also because you send/receive the SEPA transfer to some "private account", not some well-known account belonging to the exchange.
7543  Other / Off-topic / Re: I'm drunk. on: March 10, 2013, 09:20:56 PM
Okay, let's be honest, how many of us browse the forum drunk at least once a month?

I almost bought €5000 worth of bitcoins in early 2011 when I was drunk. Fuck... not drunk enough Sad
7544  Bitcoin / Bitcoin Discussion / Re: I used to have some respect for Chris Douane... on: March 10, 2013, 09:19:12 PM
What his views indicate to me is there is a fraction of the population that simply don't want unbacked money. Digital bullion banking/gold-backed digital currencies will almost certainly have an important role in the monetary future and compete with Bitcoin as a store of value--a beneficial symbiotic relationship regardless of whether you want to use only bitcoins, only metals, or both.

Thing is: gold is equally unbacked as bitcoin. The difference is "only" tangibility (corporeality) and tradition.

But I agree: there's probably a fraction of people who can never come to trust a virtual commodity like bitcoin, and I can understand that.

No need to bash it using FUD and lies, though.

Let there be competition!
7545  Economy / Securities / Re: [BitFunder] Bitcoin Pride-10,000,000 Shares SOLD on: March 10, 2013, 09:15:59 PM
sorry for OT: but did you guys see this rendering? https://i.imgur.com/0awvfFJ.jpg

(from http://www.reddit.com/r/Bitcoin/comments/1a03gu/as_a_3d_artist_this_is_my_take_on_the_bitcoin/)
7546  Bitcoin / Press / Re: 2013-03-10 ZeroHedge: The Demographics of Bitcoin on: March 10, 2013, 08:59:39 PM
Guys: get it easy pimping bitcoins.
We need more time to accumulate.

not a chance... the cat is out of the bag.
7547  Bitcoin / Press / Re: 2013-03-10 ZeroHedge: The Demographics of Bitcoin on: March 10, 2013, 08:50:22 PM
look at line 97, WE HAVE FOUND THE MANIPULATOR! Wink

https://docs.google.com/spreadsheet/ccc?key=0Avvn4_NlztWedENNRkZ5SVhwSUJFamtxM0lJZzF3S0E#gid=6
7548  Bitcoin / Press / Re: 2013-03-08 Erik Voorhees on Peter Schiff Show Today on: March 10, 2013, 08:22:56 PM

Yeah I would like to hear a copy, can anyone re-upload for the late comers?

Upload by TheKoziTwo from above worked for me:  http://www.multiupload.nl/2VZWF9KFZI (I think I used 2nd link)

Thanks, TheKoziTwo
7549  Bitcoin / Press / Re: 2013-03-08 Keiser Report 416: It Feels Great To Be A Bitcoin Millionaire on: March 10, 2013, 08:13:11 PM
he also tweeted:

Quote from: Max Keiser ‏@maxkeiser
8 months ago on @RealAlexJones I predicted major eco. collapse within 9 months. We got it. All the world's fiat have collapsed against BTC.

and here's the transcript of the intro I wrote for the duplicate thread I accidentally made:

Quote from: Max
Hi, I'm Max Keiser, welcome to the Keiser Report.
Boy it feels great to be a bitcoin millionnaire *grin*. I'm lovin' it.
8 months ago, if you recall on this show and the Alex Jones show I said that there would be a major financial catastrophe over the next nine months... an we've got it. Bitcoin has absolutely triumphed as the Dollar has crashed 90% *grin* against the Bitcoin as Bitcoin is set to take on the world and ROOT OUT the banksters.
7550  Bitcoin / Press / Re: 2013-03-08 Keiser Report 416: It Feels Great To Be A Bitcoin Millionaire on: March 10, 2013, 08:08:46 PM
I'm glad to hear publicly outspoken positive bitcoin-talk, but this guy is annoying to listen to. I couldn't listen past the one minute mark...

what's up with you? *shouts at top of voice* KILLL THE BANNKKKSTERRRRS!

EDIT: on a side-note: Thanks Max! And Stacy!
7551  Bitcoin / Press / Re: 2013-03-09 RussiaToday, Keiser Report: Bitcoin Millionnaire on: March 10, 2013, 08:06:48 PM
sorry, dupe of this: https://bitcointalk.org/index.php?topic=151155

mod can delete
7552  Bitcoin / Press / 2013-03-09 RussiaToday, Keiser Report: Bitcoin Millionnaire on: March 10, 2013, 08:05:45 PM
http://www.youtube.com/watch?v=_t39jCXXIrY&list=SPPszygYHA9K2ZtV_1KphSugBB7iZqbFyz&index=16

Quote from: Max
Hi, I'm Max Keiser, welcome to the Keiser Report.
Boy it feels great to be a bitcoin millionnaire *grins*. I'm lovin' it.
8 months ago, if you recall on this show and the Alex Jones show I said that there would be a major financial catastrophe over the next nine months... an we've got it. Bitcoin has absolutely triumphed as the Dollar has crashed 90% *grins* against the Bitcoin as Bitcoin is set to take on the world and ROOT OUT the banksters.
7553  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 10, 2013, 07:52:08 PM

Now this one Hedge Fund or whatever they are (making bitcoin accessible to more traditional investors) bought themselves some coins (using 2.5 million USD). I don't know when they started the acquisition, but it makes sense it was in January, no?

Now theses dudes also offer to short bitcoin. What keeps a smart contrarian investor to use them to short the shit out of bitcoin at some point?

Ok, speculation-time:

What percentage of the rally was due to them, how many coins do they have and how hard would shit hit the fan should a customer of them borrow the coins and sell them?


Hedge-fund? in Malta?
Are you serious?
"bought themselves some coins (using 2.5 million USD). I don't know when they started the acquisition, but it makes sense it was in January, no?"

NO.

Lol

I suppose they don't have  even one bitcoin
It must be just an other Maddoff.
Definitely e scam IMO.



Care to explain how you arrived at this conclusion? Your supposing they don't even have a single bitcoin doesn't have any substance without any sort of explanation.



I don't care to explain it's obvious!
 

Are we feeling better now?

Quote from: Thinking, Fast and Slow (Daniel Kahneman)
The world makes much less sense than you think. The coherence comes mostly from the way your mind works. [...] His System 1 constructed a story, and his System 2 believed it. It happens to all.
7554  Other / Politics & Society / Re: The End of Ordinary Money (Bitcoin described in 1995) on: March 10, 2013, 04:59:36 PM
Also published in 1995:
The Diamond Age, by Neal Stephenson. It mentions in passing, almost a footnote, that cryptocurrency spelled the doom of the nation-state.

really? I have to re-read that book. It's been too long.
7555  Other / Politics & Society / Re: Adam Curry & John Dvorak Bring the Hate for Bitcoin on: March 10, 2013, 04:57:50 PM
Cool. Dvorak is to computers what Proudhon is to bitcoin speculation.

Really? Lol. Is that why or because we mostly use qwerty keyboards?

7556  Economy / Speculation / Re: Do you think the rally is over now... or very soon? on: March 10, 2013, 04:54:15 PM
You might be right. I almost wish I was trading on MtGox right now, sadly Virwox lags behind and never peaks quite as high or dips quite as low. Safer bet, but less room for huge profit.

You are assuming that Mtgox lets you trade at the top moments.  The reality is it takes 15 minutes just to cancel an order, god knows where the price will be when your order gets through.

exactly... what happens when 1000 blind monkeys hit buy/sell keys? Right: VOLATILITY Wink
7557  Other / Politics & Society / Re: Adam Curry & John Dvorak Bring the Hate for Bitcoin on: March 10, 2013, 04:39:23 PM
what a bunch of jerks!

lol, "in the chatroom they're calling me a fucking idiot". lololool!
7558  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 10, 2013, 10:08:54 AM

Now this one Hedge Fund or whatever they are (making bitcoin accessible to more traditional investors) bought themselves some coins (using 2.5 million USD). I don't know when they started the acquisition, but it makes sense it was in January, no?

Now theses dudes also offer to short bitcoin. What keeps a smart contrarian investor to use them to short the shit out of bitcoin at some point?

Ok, speculation-time:

What percentage of the rally was due to them, how many coins do they have and how hard would shit hit the fan should a customer of them borrow the coins and sell them?


Hedge-fund? in Malta?
Are you serious?
"bought themselves some coins (using 2.5 million USD). I don't know when they started the acquisition, but it makes sense it was in January, no?"

NO.

Lol

I suppose they don't have  even one bitcoin
It must be just an other Maddoff.
Definitely e scam IMO.



Care to explain how you arrived at this conclusion? Your supposing they don't even have a single bitcoin doesn't have any substance without any sort of explanation.

7559  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 10, 2013, 09:29:55 AM
A fast rise will undoubtedly lead to a correction eventually, that is clear. It would defy all market behaviour in history if it didn't. However, the 2011 situation was different. First of all, the rise was pretty much all hype based on the idea of this new cryptocurrency. There was no economy to speak of, except Silk Road that had just started. There were literally only a few Bitcoin companies in the whole world, and merchants such as Alpaca Socks accepting bitcoins. Then the hype went down, and security problems ran rampant within the community, leading to a total crash.

We might be seeing a correction, but that is different from a total crash. Totally different. The Bitcoin economy today is 10 times more mature than it was during the 2011 hype. We have dozens of Bitcoin startups all over the world. Silk Road is huge compared to what it used to be. Bitcoin is becoming widely accepted online, for pretty much any service one can imagine. We have VC's and Hedge Funds starting to invest in bitcoins and Bitcoin companies. Security of Bitcoin exchanges, while not perfect, is at a very high level compared to the past.

Fear of a larger crash is, at this moment, entirely unfounded. It's the definition of FUD. A large majority of market players do know this, and they're simply figuring out how deep the correction will be. The backbone of the economy becomes stronger every day, leading to a higher bottom price. This doesn't mean we don't have significant corrections, the market can still go to an overdrive. There is always the point where it's too much, regardless of where we're at, but my personal opinion is that with what is going on in the economy, any price below $50 is not a bad entry point for buyers, unless they're thinking super short term.

Now this one Hedge Fund or whatever they are (making bitcoin accessible to more traditional investors) bought themselves some coins (using 2.5 million USD). I don't know when they started the acquisition, but it makes sense it was in January, no?

Now theses dudes also offer to short bitcoin. What keeps a smart contrarian investor to use them to short the shit out of bitcoin at some point?

Ok, speculation-time:

What percentage of the rally was due to them, how many coins do they have and how hard would shit hit the fan should a customer of them borrow the coins and sell them?
7560  Alternate cryptocurrencies / Altcoin Discussion / Re: We created a new Ripple Currency: The Favor (FAV) on: March 08, 2013, 09:21:11 AM
The fact is, commerce is not the only kind of transaction that happens between human beings.  Just because you engage in non-commerce transactions doesn't mean you are a Marxist.

yup, you just mow the lawn for granny for free, without any recorded FAVs, besides your day job.

Thing is: you probably do favors to people on the net. I'm not saying you should get anything in return, but passing around some FAV can be an incentive, because your niceness becomes publicly displayable. Just as when people observe you mowing grandmas lawn.

I'm not saying people should brag: "look at the amount of FAV I collected"). But don't you think it would be an incentive? People collect all kinds of things (reputation on stackexchange or whatever) and feel proud about it, even just for themselves.


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