$350 is cheap, it is the ATH from 15 days ago  $500 is a reasonable level to start buyback. so you're buying back in now? Now, meaning 'at the moment', I am not buying back in. The price is above $500. My average sale price is $672 and I am not a daytrader. It has to go down a lot before I care to buy back. Beware my friend, Bitcoin has been well known to break every rule you have been living to so far, the choo choo train is leaving the station and when it finally does it will be waiting nobody.  |
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It looks from this like several million will be the correct figure.
I heard that only about 3 million bitcoin addresses are used. I would say that the number of addresses > number of users. Myself, I have used dozens of addresses, and don't consider to be a heavy user of addresses. I use at least 100 addresses per year, and i don't consider myself a heavy user. Just imagine how many addresses do Bitcoin businesses use. |
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Wow damn, trying not to panic sell. Bought 17.5 Coins at 766$ 2-3 days ago. I´m nervous to lose my 13.5k$
Just sell everything and forget about Bitcoin. If you are nervous it means you invested more than what you can afford to lose - that will make you too emotional and you will panic sell as soon as the price crashes (and there will be many crashes on the way up). With that approach you will lose this game. The way to win this game? Invest what you can afford to lose and hold for the long run. Take some profits on the way, but hold onto the vast majority of your coins through bubbles and crashes. That strategy NEVER failed so far. |
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About DPR: Perhaps the most shocking revelation in the Justice Department’s argument against Ulbricht’s petition for bail is that he allegedly ordered not two but six executions. Unfortunately for DPR, he appears to have gotten scammed out of the money he paid for each hit (approximately a half million dollars in Bitcoins in total). On the bright side, despite the fact that Ulbricht said he received “visual confirmation” of the executions, the government says it was unable to confirm that any of the killings were ever carried out.
The government documents leave open several questions about the Silk Road merchant DPR hired to carry out the planned killings — a user who’d adopted the nickname “redandwhite” (apparently a well-worn nickname of the Hells Angels motorcycle gang). Was he a government informant who was working with federal prosecutors to nab Ulbricht, or was he just one of many Internet predators who make a living scamming the scammers?
http://krebsonsecurity.com/2013/11/no-bail-for-alleged-silk-road-mastermind/Scammed 6 times by redanwhite Honestly for several months I was in awe of what that guy's security must have been like, I sat and worked out what type of system setup I would have run and then analyzed it from a forensics point of view. I came to the conclusion he must have been pretty damn clever. I've never been so wrong. Guy was a freakin clown. Probably blinded by his egotism. He sent his pic to a guy who knew that he was DPR, and that scammed him thousands of bitcoins now worth many million $ redanwhite: what a boss |
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About DPR: Perhaps the most shocking revelation in the Justice Department’s argument against Ulbricht’s petition for bail is that he allegedly ordered not two but six executions. Unfortunately for DPR, he appears to have gotten scammed out of the money he paid for each hit (approximately a half million dollars in Bitcoins in total). On the bright side, despite the fact that Ulbricht said he received “visual confirmation” of the executions, the government says it was unable to confirm that any of the killings were ever carried out.
The government documents leave open several questions about the Silk Road merchant DPR hired to carry out the planned killings — a user who’d adopted the nickname “redandwhite” (apparently a well-worn nickname of the Hells Angels motorcycle gang). Was he a government informant who was working with federal prosecutors to nab Ulbricht, or was he just one of many Internet predators who make a living scamming the scammers?
http://krebsonsecurity.com/2013/11/no-bail-for-alleged-silk-road-mastermind/Scammed 6 times by redanwhite |
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Good. Let's shake out some weak hands.
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Ow wait... Guess WHAT?.. they WON'T ANSWER the publisher because they can't answer their tickets! Holy shit, let me doubt that there are 200k coins on Bitstamp... What's sure is that in their order book they only have 10k coins. |
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1) the most important thing IMO is that JR commits 100% of his time to MSC, he is the founder, brain and soul of this project. Half measures are counterproductive.
2) Devs should be offer only MSC, and maybe fiat. No worries about the liquidity of MSC, the foundation would be providing that in the solution proposed by JR.
3) "reducing the exposure to MSC" is not an option. It would look like that the board wants to sit on a pile of BTC "in case MSC fails". That's bad because create many negative incentives.
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I don't understand the discussion about the devs being worried about being exposed to the volatility of crypto.
First, this is what it is - it has enormous potential but also risks. No great fortune/opportunity comes without a risk.
Secondly, if a dev wants to reduce his exposure to crypto he can immediately sell his MSC for fiat, in the very moment he got paid. What's the problem?
Thirdly, the more I think it the more I'm with dacoinmeister. This is an "all-in" kind of project. Did Satoshi paid devs with fiat? Why is the board pushing to keep BTC and do not purchase MSC? It would look like they are very comfortable sitting on a pile of BTC and do not believe that much in MSC.
For me it's a no brainer, let's go 100‰ MSC, alluding to "instability of cryptos" to justify holding BTC against MSC is ludicrous.
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I don't think the Bitcoin naysayers understand the massive financial/currency/asset markets that exist *now.
In real terms, Bitcoin has not even dipped its tiny toe into the global financial pool. When it does, you'll be
kicking yourself at how cheap $600 per Bitcoin was. Bitcoin will probably be trading as mBTC and one millibitcoin
will be worth $100.00. In the past I would have called a comment like this delusional. Now, I'm wondering why you're lowballing my BTC value.  You are slow man, it really took you a looong time to understand. No offense intended, but the enormous potential of BTC was like the third thing (after decentralized + trustless) that got my attention. That happened like in the first 10 minutes of reading about it |
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Hello Revalin, I contact you in order to get your script running as i can't figure my password out anymore. I have a rough idea of what it was so i can narrow down to a handfull of characters and some numbers and 1 special sign However i can't understand what to do with the code you've provided. I browsed the thread (not very deep i have to admit as i got lost quickly enough due to my lack of technical knowlede. Knowing that i run W7 and have my wallet on Multibit, could you write down a quick guide of the soft i need to install and the procedure to get going at cracking this? I'd be glad to hear from you ASAP 5% of funds going your way if i get it back. Seems a little to low. Depends on how much these 5% are worth though. You should specify that in this thread to raise additional interest/motivation. Revalin suggested 15%, BTChap offers 5% - not a good start |
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Time to hire more people, Nejc. Quickly.
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I think perhaps it is time to convert more of our BTC to MSC. I'd rather have MSC in a rainy day fund than BTC anyway. As you say, giving away BTC attacts people more interested in BTC, and I'd rather the foundation hold MSC than BTC. Here's my crazy proposal: 1) Keep only the 1000 BTC we've already moved into offline wallets 2) Use the remainder of our BTC to purchase MSC over the next few months on the distributed exchange 3) Pay all future bounties exclusively in MSC 4) Keep half of our MSC money for a rainy day and/or future distributed bounty system 5) If our rainy day fund becomes excessive, we can always vote to lower the ratio later I realize that this would potentially make all of our existing investors absurdly wealthy, but, well, the stated purpose of the Mastercoin Foundation is to serve the holders of Mastercoins, and I'm having a hard time seeing this course of action as anything but a huge positive for them, as long as we do it transparently and over a long enough period of time that nobody who wants to sell to us is left out. Also, MSC prices would probably go up to the point where I'd sell 1% and quit my job to work on MSC, which I hope would also be in the best interests of our investors.  I'm totally for this if it makes dacoinmaster and the other devs to be 100% devoted to MSC (quitting their day job, etc.) |
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What once was heavy resistance on Stamp, now is healthy support ($750).
I'm sorry for the grey bearded old-timers who live in fear of the ghost of 2011, but I think it's already proven that 2013 is no 2011.
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That's a hell of a "pump"
Well, Mastercoin is more useful to the Mastercoin Foundation than bitcoin is. This is exactly like a company doing a stock buy-back rather than paying dividends. Plenty of precedent. I won't argue that, keep it coming If that can take you to be full-time to MSC I'm happy with it. |
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Total bids past $35mil on Gox. Pretty sure this is an ATH for that.
FYI:  |
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All you crazy speculators should pay close attention to this idea I just posted: I think perhaps it is time to convert more of our BTC to MSC. I'd rather have MSC in a rainy day fund than BTC anyway. As you say, giving away BTC attacts people more interested in BTC, and I'd rather the foundation hold MSC than BTC. Here's my crazy proposal: 1) Keep only the 1000 BTC we've already moved into offline wallets 2) Use the remainder of our BTC to purchase MSC over the next few months on the distributed exchange 3) Pay all future bounties exclusively in MSC 4) Keep half of our MSC money for a rainy day and/or future distributed bounty system 5) If our rainy day fund becomes excessive, we can always vote to lower the ratio later I realize that this would potentially make all of our existing investors absurdly wealthy, but, well, the stated purpose of the Mastercoin Foundation is to serve the holders of Mastercoins, and I'm having a hard time seeing this course of action as anything but a huge positive for them, as long as we do it transparently and over a long enough period of time that nobody who wants to sell to us is left out. Also, MSC prices would probably go up to the point where I'd sell 1% and quit my job to work on MSC, which I hope would also be in the best interests of our investors. No promises That's a hell of a "pump" |
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