2 chartbuddy posts in a row, we got some lightweights in here
Sleep is the enemy  I think its more of a case that "markets can remain irrational longer than some folks can stay conscious"..  |
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The BrExit scenario is being rumored for sometime now and after the Greek paradigm (which is heading towards a disaster) after the political EU leaders have proved themselves incapable to decide just for to 0.3% of the EU's GDP.
History has shown that in order for a new system to reign, the old one must be burnt.
This guy is without doubt the greatest horses ass in bitcoin. He cant even lie convincingly. Brexit? FFS. Just get the freeloading greeks out, that will be enough. |
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So, hypothetically, if just like half the people in the world wanted just half a bitcoin, they couldn't have it? How much would my .273 BTC would be worth then?
hypothetically if half the people in the world wanted just half a bitcoin, I would want all the bitcoins. Then why are they so stupid? If everyone just bought more bitcoins, price could only go up and then we wood all be rich. It's so simple why can't they even understand its so simple and just start buying! How stupid they are? Brainwashed by government schools and socialist television propoganda because now that healthcare is free they dont even want to work. And fiat is a pyramid scheme anyway, did they think of that? Did you know that fiat today is printed out of thin air, and all they talk about on tv is hilary duff emma stone and andrew garfield! Is It Over?!? People dont say hello anymore kids dont know the meaning of value. Last night a gay man was doing something behind the school. And were just supposed to pretend that nothing is wrong? Ah, there's nought queer as folk. |
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The mechanism of bitcoin exchanges be like  |
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What are the bears going to do when they've destroyed bitcoin?
Something can't be profitable when you've killed it.
Its not about destroying bitcoin. Its about shaking out the ones who think bitcoin owes them a living. |
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as per what people used to write on the forum few weeks ago, to wait for the 14th of april, i was wishing the price would rise. but apparently its going on the reverse side. its not going to rise soon, and since 2016 is going to be another halving, i think we might be in for a good duration of low price for bitcoins.
True, so we should take it as an opportunity and be happy instead of crying about the price being low if you haven't bought any at higher prices I guess... Best comment so far. Bitcoin is finding its realistic price. Once that's established, it can grow organically as it becomes used more widely. Once the mad speculators are squeezed out, it might start making some sustainable growth. But at what price that bloodletting ends we cant be sure. I'm thinking $170 |
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Bitcoin blamed... etc.
Terrible attempt at spinning. They only began accepting bitcoin, presumably in addition to existing fiat methods, so explain again how bitcoin is "to blame"?  |
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Yea the site look shady. Site might be fake.
Wikipedia links to it. Nevermind, the point is not to direct more attention to the few messengers, rather make people who are capable (and most are not) to question this with the old question: "Is it true?" and you cite david duke - a holocaust denier? Bit of a paradox. Unless you are saying that it didnt occur? I believe in questioning authority, but you need to do it in an intelligent and measured way. Citing extremists will just get you pegged as one. |
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So we bounced off the 61.8 fib line
Still shaky to open a long but if that holds, this whole thing could just be an abc elliot wave which could take us much higher?
Does anyone else here like using the golden ratio in bitcoin, or am I just being delusional before the drop to double digits? Forget the golden ratio, its a golden shower you should be thinking of now. |
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who is with me holding and buying?  EDIT: **** YOU BEARS  I get the feeling the horses are the entrepreneurs in that picture. |
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Oil company sells bonds to raise cash, hedging exposure @$80pb. Now if the price drops below $80pb the company is insured but who picks up the loss? Sure, the original bank who took on the risk but they've also sold part of it on down the line. It may be a Swedish pension fund, a Chinese investment company, an Italian managed fund etc, a Saudi SWF.
Smaller, poorer US taxpayers is who. Wasn't AIG the No.1 player in CDS insurance? Insurance is such a profitable business when you can stick your losses on someone else. But it's possible that in this scenario people go only to cash, or collectibles or gold and shun bitcoin. Who knows? But Bitcoin is certainly out there, not wildly popular but on the conscious fringe of society; a global immutable, trustless, decentralised ledger "secured" by a digital token. Fair play if you want to talk down its chances, but it is at least worth having a small stake; the risk / reward ratio is high.
If it can keep its act together, than yes. Its worth a flutter. But I dont see a global meltdown being the 'big event' for bitcoin. More a gradual acceptance that builds until it hits its 'tipping point'. Ofcourse, after someone figures out a way to allow ordinary citizens to use it without needing to understand it. |
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Question: how will we know DOOOM when it gets here? Is it here yet? Is it in arrivals?
Its in duty free, getting sh*tfaced on Stella and C'ptn Morgans. You just know its going to get dirty. |
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$310 M USD Cryptocoin-based Ponzi Busted in Thailand http://www.coinbuzz.com/2015/04/13/arrests-in-ufun-crypto-currency-pyramid-scheme/In a bust on Friday, Thai police arrested four executives on charges of operating a pyramid scheme [ called "UFun", using ] a cryptocurrency called "Utoken", and stealing over 10 billion baht (roughly US$310 million). [ ... ] UFun sold various cosmetics and supplements. The company focused on referring new customers, rather than selling the products. Customers were encouraged to invest up to $50,000 in order to receive discounts on the products. [ ... ] UFun used its own cryptocurrency called UToken to let customers purchase its products. [ ... ] Websites promoting Utoken claim that it "will outperform Bitcoin and eventually overtake Bitcoin as the Ultimate Digital Currency". This is bullish, isnt it? :1,$s/UFun/LeoCoin/g |
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You can't arrest people for running inferior Linux.
The article says "an operating system designed for use by hackers". That can only be Windows.   hear! hear! |
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This is how a Bitcoin Baron looks like  I'd totally smash him Ah, go easy on him, his dad was seriously stabbed recently. It must be tough for him. Mind you, being arrested for having an OS that hackers use is a bit like being arrested for driving an Audi because someone used one as a getaway car previously. |
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Leadership structure you've asked, although it's surprising you already don't know it if you follow the discussions on Github and on #bitcoin-dev IRC channel, where things are mostly discussed: Gavin Andresen delegated day-to-day code maintenance to Wladimir J. van der Laan, who is official code maintainer since last year. Gavin role is now more as chief scientist, doing new & long term code features not implemented in the current release. There are also a handful of guys like Pieter Wuille, Greg Maxwell & Jeff Garzik whose opinion is considered about every major issue if some code change is accepted or not. . Their word is final, and yes I think that's much better then any other system based on what BF board thinks is good for Bitcoin.
This is just maintaining/development of code base. Bitcoin is a lot more than code. I'm CTO of a firm that produces nothing but software, yet only 25% of employees and 20% of the board are developers. The rest are from accounting, sales, legal and marketing backgrounds. Thats what makes a business succeed. There's nothing Bitcoin Foundation can say or do which can make these five guys change their minds about some code change in Bitcoin Thankfully for the future of Bitcoin, i believe this to be untrue. Gavin and Greg, et al. are nothing if not pragmatic in their approach to policy. Its why things work at all. |
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All done at 225? Hobble along here for a while, I think.
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Inca, how much have you lost in the last few minutes? Ballpark figure?
Fool. He makes money when the price goes down too. He been in it since satoshi was in short pants. Got coinz @ $0.12 |
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and from $600 and above!! Just 600??? What about those who tried to make money when BTC was $1200, it was actually being compared to Gold, and it all f**ked up those (sincere and innocent newbie people) who invested at that stage thinking BTC will jump to $10k... There are still many "Entrepreneurs of Error" on this thread who try to paint that same picture again for the current generation of newbies. |
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