400 on Stamp! Finally
wh0000 wh00000 i mean ch000000000000000 ch000000000000000000 btw really is crazy... $1000 by December? I have two bets on 500 dollars on mtgox before 2014 (Michelin dinner and champagne) but 1000 dollars in 2013 wouldn't be too bad either. |
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So. What market moves have you guys planned while I sleep? You are the ones calling the shots right?
Oh yeah. 400 on Bitstamp BTW. *Yawn*
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98% of humanity won't have any bitcoins when it enters a bubble and this is a problem, since these are already the laggards, and by buying at the bubble, they make their situation worse, not better. Any thoughts?
Yes. Barricade yourself on a Caribbean Island. In all seriousness, you touch upon a very important problem. When the whole economic landscape changes and The Last Big Bankrun (on the dollar dominated fiat system) hits us, most people will find it extremely unfair that early adopters sit on this wealth and their private pensions as well as the government's pension schemes are gone. There is one solution for that though. I will outline it in another thread. |
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wow. Thank god I don't have a real job, so I can just sit and watch this all day. Most exciting thing ever. Its' like watching the future fly by.
Thank God I don't have a Master's thesis in physics I should finish  |
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Update: Faysal is now on Antarctica and he has begun skiing towards his goal: The South Pole. He is currently expected to arrive there at the end of December. See his website which is maintained by one of his friends here: http://transantarctic.wordpress.com/ |
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Cup and handle has been forming on all four major exchanges the last four to five days. Very bullish.
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for the record, i said we would hit 400 two days ago. I should be ignored from now on.
our memory is fickle, you're all good I would have ignored your statement if it ended up coming true as well. If you predict such short term price fluctuations it's due to random chance only  so we day trade why exactly? I agree with you btw... We don't. |
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Can someone please quote these details about the South Pole transaction?
South Pole transaction details (to be revealed):
SHA-256:
caccfcf5832ef5237562cd1e69db5954bcb7d5044282a89e6d3cfc43a4da547c
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As Bitcoin Plunges 25% On Government Scrutiny, The First BTC "Fair Value" Reco Has A Stunning Price Target
Let’s use a broad guesstimate. One Bitcoin should theoretically be worth 700 ounces of gold or pretty close to $1,000,000, if we adjust existing supply of both to equal eachother. One BTC is currently worth 0.14 ounces of gold. That gives BTC an upside of 5000 times to equal the current price of gold, supply adjusted. Clearly, I and everyone else believes that Gold may well be much higher than here in the next 5 to 10 years, thus versus the US Dollar the upside for BTC could be multiples of that. Now, before you shake your head, simply go back to the chart of Gold versus the US Dollar and just recognise that it has risen 8750% since the 1920s. And just remember that Microsoft rose 61,000% from its IPO to it’s peak. Considering what we know about the world, I personally believe that Bitcoin may well explode in value as more and more people begin to use it. If you stuck $5,000 into Bitcoins and each Bitcoin did go up to a gold equivalent of let’s say, only 100 ounces of gold (not the potential fair value of 700), then at current prices your Bitcoin stash would be worth $3.3m. http://www.zerohedge.com/news/2013-11-10/bitcoin-plunges-25-government-scrutiny-first-btc-fair-value-reco-has-stunning-price- Hold on, guys! Zerohedge have been anti-bitcoin for as long as I can remember. having them onboard is a pretty big deal, right? |
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The best thing that bunker can do for Bitcoin is probably to set up a couple of nodes and some miners. That makes Bitcoin resistant to nuclear bombs which is pretty cool and no small feat. If you want to do more for Bitcoin you can make the node into a "supernode" which is connected to hundreds or thousands of peers and thus increases the speed of the network.
Futhermore, you could sell hosting in your datacenter for bitcoins. That would also be a valuable addition.
You could also buy tens or hundreds of ASICS, start a Bitcoin mining company, and sell shares in the company. But that only makes sense if your electricity prices are low, I think.
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Look at the action around 18:40 where a huge bid wall at 320 is set up which then attracts more bids above that price. The wall is then removed an bitcoins sold on a market order. That's how you sell or buy for 100k at the best price, I guess. |
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so glad I didn't sell anything! thanks to this board, I kept my cool  You want the best bitcoin investment advice? http://youtu.be/NG1qooBzE2w |
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I might actually have successfully bought in a dip! That would be a first for me. Spent a bit to restock my Local Bitcoins ads. I am more of a hold guy, though - I don't believe I can beat the market so I usually don't try to.
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I've made $3,800 in 10 days just by devouring this and a few other super threads morning and night and every available stealable moment. I've stared mesmerized not infrequently paralyzed at chart movements, volume changes, ask sums, all the neat stuff. This is the life for me! (OK, a lift from the rum and carrots guy). Oh, and I would have made $7,500 had I done none of the above.
End of Thread. |
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Maybe the authorities ARE aware...  If they are an are onboard... |
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Can someone post the picture of Morpheus saying that you won't have to sell your bitcoins, when the time is right?
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Any update on this?
Unless I'm missing something, we can assume that Faysal's out on the ice, sailing his way to the South Pole with a Bitcoin flag and smartphone in tow so that he'll be able to order a pizza via bitcoins to enjoy when he gets to Chile in about 80 days. The above reads like a joke, but seriously, it's factual and we in the Bitcoin community wish Faysal a safe historic journey--the first person in the world to solo trek to the North and South Pole in the same year. ~Bruno Kucinskas (TMI BTCITW) The departure has been delayed due to the storm. I try to keep the other thread updated: https://bitcointalk.org/index.php?topic=317249You can also follow his website: http://transantarctic.wordpress.com/ |
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Have any of you ever traded anything as volatile as this?
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I invested only 20% bitcoin, the rest gold and silver - what an idiot!
This sort of blunder self-corrects in a few months. (I only invested 1%  ) LOL! Congrats, though. |
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