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Among the black lines in the second half year are some that have a different slope. Some steeper, and some flater. Why do you think these are Satoshi, too?
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The black lines are steeper than all the red ones. Does that mean "Satoshi"'s computer was faster than all the others?
Also the single red line with varying angle is interesting. Looks like the cpu got into thermal throttling or something.
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Instead of the number of transactions you could also use the transaction fees. They probably are somewhat bound to the value of the coin.
Inflationary coins will never have a chance against noninflating coins. Who in his right mind would put his money in there if he could simply put it into a more stable coin? Thus Bitcoin and the like always win.
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why is this thread moderated?
Adam, you might want to post a link to this thread into the old thread.
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I actually feel a lot better at todays price than 200+ days , more solid , down to the earth feelings .
Yeah I know what you mean, it was so frantic in those days. It definitely feels like the hysteria is gone, and what do you know? the volume is back up, no one wanted to sell at 200, who knows how high it could have gone, but of course we know that answer now. Who the hell was jacking up the price? there was barely any volume during that time. Volume has skyrocketed. It just awes me that so many people are willing to sell right now than they were at 200. If you were so confident in Bitcoin as to not sell at $200, why are you following herd mentality and selling at the low point? Boggles my mind... Fear. |
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2.1 BTC is already named, I'm afraid: Hitler Club. ( www.youtube.com/watch?v=4axmD2YvPnA) As far as naming, trying to label them all top-down like this isn't going to stick. You have to go make kooky videos about it or something, have some kind of twisted logic to back up the significance of the number. Plus, I'm not a big fan of knights, or clubs. Though, it *would* be fun to call XXXXX BTC (censored for feigned humility) the "Club of Rome" just so I could convince certain segments of the population that I was a reptoid. hehe. There is no way I could write that down. The video is funny though. What the heck is a "repotoid"? |
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LOL. I meant for a single forum member.
But maybe people switch too fast - only advertising. For example proudhon is suddenly all bull.
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I'm getting calls from friends asking how to buy. I figured a crash like we saw would drive them away despite their affirmations to buy on a drop. I seem to have been wrong. Same here. I must admit I'm surprised. Same story here. Several friends used the dip to buy in and I even managed to talk my father into Bitcoin. Here, too. Even proudhon went all in it seems  |
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The coin volumes are absolutely wicked high right now:  For comparison, here is the 2011 crash, coin volumes were much lower (even though prices were also much lower), except for the final bottom at $2 there is a huge spike in volume:  If I had to guess, we will bottom in the next few weeks at prices not too far from this. I would be very surprised to see anything below $30. From there we will stabilize and after some time beginning climbing upwards again. Just for fun, I'll add a prediction of breaking the ATH this year. Yeah, people are so afraid of the slow decline that it might not happen. |
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The big fish swim slowly. Besides they often think in terms of coins, not fiat. It is no wonder the Winklewii bought 108,000 coins. It is a percent of the supply outstanding.
And they will not let their investment and image be damaged. I would bet a good part of the wall at $50 is theirs. In a week they might announce they own two percent because of smart/informed trading during the crash. |
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A lot of people here are perma bulls / bears. They are advertising their views all the time. It would be interesting to be able to have a votable indicator for that. Then you would immediately know what's going on and be able to properly judge their posts.
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these are the largest coin dumps I ever seen live... but they are being bought up like nothing
Those who sold at 240 start buying... slowly. |
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It was fully my expectation that when "mainstream" news got out about Bitcoin that we'd see a lot more people buying in. I see more and more people and companies wanting to use it, so why aren't we seeing a price increase?
I figure it's due to one of four reasons:
1) Lag time between hearing about it and actually buying some.
2) Difficulty in buying Bitcoins.
3) It was previously overvalued.
4) Many people have heard of it for the first time, and do not yet believe in it; they are waiting to "see what happens" before they dive in to the world of Bitcoin.
Thoughts?
Mostly 1). Also 3) and a little of 2). Bitcoin-24 being down and rumored to be having trouble is also not helping. The problem is with the crash even people that would otherwise have bought in a week or so hesitate now. A friend asked me this morning if it was a good time to invest. I told him I had no idea about the short term. |
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China +10% Coins really seem to be harder to get there than in the US. |
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2.1BTC 1/10,000,000
Satoshians
hehe, that's good, sounds like a sect  |
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Have you heard of the Club Vladimir? https://bitcointalk.org/index.php?topic=98239.0What about giving names to other wallet sizes? My suggestions: | 210,000BTC | 1/100 | Cyphergods | Satoshi, maybe a handful more individuals | | 21,000BTC | 1/1,000 | Knights of the Dragon | | | 2,100BTC | 1/10,000 | Club Vladimir | | 210BTC | 1/100,000 | 2012er | | 21BTC | 1/1,000,000 | 21st Century Illuminati | | 2.1BTC | 1/10,000,000 | Poor Dictators' Club | | 0BTC | | Fruity Loops Club, Club 2008, Dark Agers, Yesterday Lounge, Muggles? | | <0BTC | | Scam City |
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People are much more aware of a crash now than 2011. Maybe all the weak hands have sold already. I hope we are bottoming out @90 or even breaking out upwards.  |
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Heh, yeah. When the price goes up, everyone rushes to buy. When the price grows down, everyone rushes to sell. When the price is kinda-sorta-doing nothing, nobody knows what the fuck to do.
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Interesting what you guys have going under the hood I realized nobody would want his timestamping to be pruned so you would have to make it a spendable tx anyway. I'm curious, have you tried my OpenTimestamps stuff? If so, what did you think? It looks very sophisticated. The other one is so simple it is brilliant in it's way. |
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