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821  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Memory on: June 18, 2013, 08:13:18 PM
I've always recognized the definition of money being a medium of exchange.  By this definition, bitcoins are definitely money, because they are a medium of exchange.

So shells, sticks, stones, prostitutes' bodies are also money?
822  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Memory on: June 18, 2013, 05:16:01 PM
Bitcoin is not money.

I agree.

Funny thing when you ask different people what ''money'' factually is they will give you different answers:

If you ask me I will tell that factually money is pieces of paper.
Somebody else will tell you it's pieces of round metal.
Yet a banker will tell you it's digits stored in a server.
A hooker in Nepal will tell you money is her body - that's how she pays for food, etc.

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Can something be at the same time a piece of paper and a piece of metal and a body? I rather doubt it.

Can something be at the same time a human and a desk and a brick? I rather doubt it.

If someone disagrees, can they empirically prove it is possible for them to be at the same time a human and not a human?

----------------------------------------------------------------------------------------------------
Maybe ''money'' as described / defined by the regulators, scholars is a bit flawed / imperfect / completely wrong? Just food for thought.


It's time we grow a pair of testicles here.

I agree, FoBoT is gutless.
823  Bitcoin / Project Development / Re: Holy Grail BOUNTY on: June 17, 2013, 11:34:16 PM
With bitshares, all trades, bids, and asks end up in the block-chain and thus a public.

Good, because with all the dark pools at different stock and futures (fiat) exchanges like CME I get the impression the data feed although showing proper price, has lots of volume missing (due to underreporting the volume generated by dark pools).

My gut feeling is that the volumes generated by dark pools at Bitstamp and MtGox are not shown in data feed availed to retail traders thus making it difficult to asses the real (retail + super-whale) volume.

Then you could have instant transfers, 0 trust, and high-speed trading.

Excellent Grin
824  Bitcoin / Project Development / Re: Holy Grail BOUNTY on: June 17, 2013, 08:34:54 PM
1. Does the construction of Bitshares, a P2P electronic brokerage system provide for dark pools / enable them / prohibit them / others?
825  Bitcoin / Project Development / Re: btc live price update on html page, how? on: June 17, 2013, 01:11:32 PM
First of all thanks for reading,
i was wondering is it possible to put live price update on my http site, price will be from mtgox and btc-e?


Cheers Smiley

Go there: https://www.tradingview.com/widget/ change GOOG into BTCUSD and then paste the code that is generated into your html website.

826  Economy / Service Announcements / Re: CrypTrader - New Browser Based Trading Platform on: June 17, 2013, 01:22:30 AM
Excellent service Smiley

WOW, this is what I need. Is it ready for use or just in beta stage?
827  Economy / Speculation / Re: We going back to $30 on: June 17, 2013, 01:11:39 AM
no impossible

Why not?



828  Economy / Economics / Re: Elite Traders Are Getting Access To Data Before Everyone Else on: June 17, 2013, 01:00:06 AM
Let me surprise you to an even greater extend: brokers like Interactive Brokers sell your data as ''enhanced data feed'' to high frequency traders who can potentially trace the data down to a particular individual and then can execute your orders (if you are consistently profitable) before you.

Read this interview http://www.caseyresearch.com/pdfs/crTcr20120726102306.pdf
829  Bitcoin / Development & Technical Discussion / Re: Make Bitcoin More Valuable with Distributed Computing Projects? on: June 17, 2013, 12:46:38 AM
 Why don't we require some sort of useful computation in each Bitcoin block?

  For instance each block must include a successive prime number.

PRIMECOIN. I like it  Smiley
830  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 10:30:06 PM
Or so you would make us believe *curls his mustache*.

Come on, I am not that evil. I do not want people to believe anything that cannot be either rationally or empirically proved.

My pictures are for entertainment purposes only  Grin
831  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 10:21:41 PM
why do people even do TA for bitcoin??

Those silly people  Cool
832  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 10:08:04 PM
A shame, I'm modelling a rise to 120, then drop to 50-70 with a brief bounce at 85 on the way down. At 50, we have capitulation and then we sit on our wallets for a few months until the next bubble and no, you don't get to see a picture  Wink

I am fine with rising to 120. I actually think that if it rises, then it will go to at least 123. Then it drops to at least 75 on about 2013-07-03.

EDIT: There will be no bounces from 123 to 75
833  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 09:56:55 PM
Would you be so kind as to write here your points of resistance and extrapolated intersection times? Strictly to compare it to my model.

My picture is for entertainment only in these boring times. There is no sense in it Cheesy

No need to compare it to anything  Tongue
834  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 09:48:12 PM
835  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 09:24:03 PM
bla bla

i am not going into this further, just wanted to make my point, as this kind of fud led to a lot of suffering of people i know. may you believe what you want.

Okay, Rambo.
836  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 09:00:50 PM
Let's speculate  Grin  Grin  Grin  Grin  Grin


837  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 08:40:11 PM
Did mtgox stop moving?

Yes, 99.21 for the last few minutes
838  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 08:12:30 PM
one should be very cautious when people talk about professions they dont learned themselves.

''learned'' I think is a misnomer here.

so if you are mentally sick...

How do you / psychiatrists define ''mentally sick''? The problem is any definition of a ''mental illness'' you will ''learn'' at a medical university does not meet even loose (not to mention ''rigorous'') scientific criteria of a valid and objective concept.

in a way that a treatment requires drugs

I would rather use the word ''mistreatment''

(as a supplement to othe kinds of treatmens or not) only psychiatrists could help (another question is if you believe in medicine - some people argue that pills dont help against mental illnesses).

Yes, psychiatrists could help. They sometimes do help (by mistake). Do you know what a real-life rate of a standard psychiatrist being able to prescribe a proper drug that actually helps the patient? Almost ZERO percent.

Normally it looks like this: a patient tells the symptoms of the so called illness and a psychiatrist prescribes a drug. In a thee weeks time the patient shows up and tells he feels even worse. Then the psychiatrist subscribes another drug. In a thee weeks time the patient shows up and tells he feels even worse. .... After 5th - 8th attempt the so called psychiatrist manages to prescribe a drug that helps. At that time the patient is turned into a zombie. Yes, you guessed; the patient would have be better off if he had not seen the psychiatrist at all.

As you perhaps know a majority of school shootings in North America was committed by students addicted to ''medicines'' prescribed by the so called psychiatrists. Here are stories of one only group of antidepressants called SSRI http://ssristories.com/
839  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 06:59:04 PM
I'd believe it. The consciousness defining industry, I mean, psychology, is serving the State, not people.

Psychologists are okay (not all of them of course). Psychology will soon (10 - 20 years) merge with neurology. My girlfriend is involved in a research project aimed for merging some psychology concepts with neurological concepts into one single theory / science.

You should be afraid of psychiatrists and psychiatry- psychiatrists are the guys who put pills into you that turn you into a zombie.
840  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 16, 2013, 05:20:39 PM
Read carefully:

Most patients are here willingly, I was asked, whether it is OK that I am unwilling.

Best quote ever

yes, best quote ever  Grin
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