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961  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 09:10:50 PM
LTC has no developer. How can you buy a coin with zero developers?

really ? where did you get that from ? there are at least 5 active developers who works both on Bitcoin and Litecoin.

I am a greedy bastard, I should buy some at $3.xx I was under the impression that it would go even lower, I keep falling into this mistake, instead of buying in batches I try to catch the bottom or somehow a bit above the bottom, but for now I don't think that we will see a major drop, whoever bought between $3-5 did really good, I think dropping below that (not in a flash crash event) give the impression of LTC going down and never recovering.
962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 06:15:26 PM

I just had enough of the stupidity of some and the malicious and scammish behavior of others (there is plenty of them here around), and I see that most of people here don't agree with me, they get even offended because I crash their dreams sometimes,

so this will be my last comment in this forum, enjoy all of you Smiley

Hey I googled mmitech like you mentioned, guess he is a liar. Smiley

Congrats, you won the....wait, what did you achieve here ?
963  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 05:41:01 PM

As a bitcoin fan, you obviously want to stick as many applications as possible into the Satoshi2009 blockchain, in order to get more support for it.  But there are other blockchains in existence, and the bitcoin network's hashing power could be harnessed for other protocols and applications if offered suitable rewards.


nice, attaching the year to the blockchain to imply its old. Quite the troll shot.


What is wrong with his post ? why do you think he is trolling ?

Yes the block chain is more than 5 years old, and this mean that you missed the point of his post, any attempt to change/add anything to the Bitcoin protocol at this point or in the future will be hard and will get harder when the adoption rate continue to increase, even a simple task to fix a bug or to release a newer version will get harder, but there are working alternatives (chains) that attempts to solve and add new  features that we think will be  crucial in the future... so the question is: is it worth it ?

Sure you're  right, the older the blockchain the harder to enanche the bitcoin protocol. In that regard there are a few projects aimed at "fixing" this problem. One that I'm aware of is Back's and Hill's side chains, still vapoware at the moment but I'm quite confident due to Back 's involvement (he invented hashcash PoW system). Another interesting project is Todd's tree chains, even if it is more focused to fix scalability issue.

I am aware of most of the researches going around to solve this challenge, but at this point it is like some would call it " an ink on a paper"... so people usually are skeptic until proven otherwise.
964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 04:53:06 PM

As a bitcoin fan, you obviously want to stick as many applications as possible into the Satoshi2009 blockchain, in order to get more support for it.  But there are other blockchains in existence, and the bitcoin network's hashing power could be harnessed for other protocols and applications if offered suitable rewards.


nice, attaching the year to the blockchain to imply its old. Quite the troll shot.


What is wrong with his post ? why do you think he is trolling ?

Yes the block chain is more than 5 years old, and this mean that you missed the point of his post, any attempt to change/add anything to the Bitcoin protocol at this point or in the future will be hard and will get harder when the adoption rate continue to increase, even a simple task to fix a bug or to release a newer version will get harder, but there are working alternatives (chains) that attempts to solve and add new  features that we think will be  crucial in the future... so the question is: is it worth it ?
965  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 05:19:33 PM
When I was a kid, my mother could call the local doctor and he would COME TO OUR HOUSE and treat us (an unbelievable concept in America now), and he would charge us $10 for that service.  Everyone I knew was about as poor as we were, but I cannot once remember hearing someone say "Oh my God, what will we do about the medical bills?".  The mess that the American health care system is in now is another creation of our government - but again, that is a long argument that exceeds greatly the bounds of this thread.

The mess that is the American education system that mmitech is decrying is also the fault of the government.

This is worth a read http://mises.org/daily/1425

interesting reading, I don't think our schools are bad to be honest, I agree that private schools can "offer" more than what public schools offer, but this doesn't mean that public schools have to be shitty...
966  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 04:29:58 PM

My wife grew up dirt poor. She was the first in her family to go to college. She was very smart and not lazy in the least. However the only way she could afford to go to college was to take out student loans. She had to take out loans to get her first year of college paid for. But because of her grades she applied for scholarships and managed to have most of her remaining years of college paid for.

I met my wife while we were in college and we got married after we graduated and of course thats when her student loans come due. But because we went to college we managed to get pretty decent paying jobs and managed to pay off her student loan within a few years.

So it goes to show you that just because some Americans go into debt to get things they need such as an education or whatever that we are not all lazy asses that have the debt hanging over our heads the rest of our lives.

 I grew up poor as well, I had only my father working and my mother was a full time mother and always sick, but when I finished high school we didn't have to struggle, my father helped me the first year, and at one point I was with my 2 sisters in college all at once, later I started working the weekends to have my own money and to gain experience and everything worked fine for me....  

I admire people like this, but not all of them have the chance to makes things right...and I don't think that people have to suffer to appreciate what they have, yes, some low lives do, but thins doesn't mean all people doesn't appreciate such things... this is what I am trying to express here.
967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 04:17:50 PM

it is sad how most Americans have no clue about what is really going around the world, and still think that USA is the greatest country in the world and the land of "freedom", when most of their follow citizen still struggles and cant get the basics of a free education and health care.

Free education? How do the teachers feed and house themselves?

The students don't have to pay all their lives for loans, their education comes from already paid taxes which goes to pay teachers and expenses of college... I for once paid annually 20€ for registration fee in college and another 40€ for my dorm room, then there is the student coupons (supported price from the government ) to use in restaurants.

If I pay my tax they better use it to make my life and the life of my children better, most EU and north African countries have this system, but in the US they instead spend tax money exporting "democracy" and "freedom" around the world, billions of dollars spent on war while millions of Americans struggle in poverty and losing the basic human rights, things that even central Africans are improving at.



You don't know squat about the 'poor' in America.

I grew up dirt-poor, as we say on the south.  My father was an uneducated, unskilled worker in a cotton mill, and my mother was a full-time mother to 7 kids.  We never went hungry or without clothes because my father was both frugal enough and industrious enough to make sure we always had what we needed - without ANY government assistance - even though plenty of that was available to those who would take it.

In America, there is always someone who will pay you to do useful work, and my father took advantage of that fact to supplement his income.  On the weekends, he would grab me and/or one of my brothers and we would go do house painting or general handyman work, yard work, or whatever we could to make a little money.  We also did plenty of hunting and fishing to supplement the food budget.

When I left high school, my family didn't have the money to send me to college.  I went to work in the same cotton mill where my father (and his father) had worked  and EARNED the money to send myself to college.  My siblings did exactly the same.  One sister is a veterinarian, one is a nurse, I'm an engineer, one brother owns a construction company now, another is a CS geek - well you get the picture...  All of us achieved what we have without the handouts you seem to believe are REQUIRED to escape 'poverty', and I never owed ANYBODY any student loans - because I went to college BEFORE government interference in the education market drove the prices through the roof.

The only people in America I have ever seen "struggling in poverty" were doing so because they chose to depend on the government to support them.

People like you would voluntarily make yourselves into livestock owned by your 'government'.  Well, have fun with that.

I agree that the US government spends what to much money on imperialistic endeavors, but that is another argument for another time...


see....that is exactly what we call struggling, your father paid tax on hard earned money just to see you later working your ass to earn that education you deserved!! to whom he paid the tax, you don't even have a  decent health care system!!!  Citizens in almost every country in EU and north Africa (I don't know about Asia) don't have to worry too much about working their ass to pay what should be entitled to them.

And when you say that the only people struggling are the one who have "chosen to be so", this is exactly the filthy idea that they inject in your culture, I am sure that not everyone choose to live the shitty poverty life, and people who point to them with "Fuck you, not my problem, get your ass up and do something" add to their problems and take their dignity and all hopes of humanity.

the American dream IMO is to suck the living hell of people to make shit loads of money... in other words it is taking advantage of people, but the difference is that it is written in the constitution.




968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 03:54:22 PM

it is sad how most Americans have no clue about what is really going around the world, and still think that USA is the greatest country in the world and the land of "freedom", when most of their follow citizen still struggles and cant get the basics of a free education and health care.

Free education? How do the teachers feed and house themselves?

The students don't have to pay all their lives for loans, their education comes from already paid taxes which goes to pay teachers and expenses of college... I for once paid annually 20€ for registration fee in college and another 40€ for my dorm room, then there is the student coupons (supported price from the government ) to use in restaurants.

If I pay my tax they better use it to make my life and the life of my children better, most EU and north African countries have this system, but in the US they instead spend tax money exporting "democracy" and "freedom" around the world, billions of dollars spent on war while millions of Americans struggle in poverty and losing the basic human rights, things that even central Africans are improving at.



So not free. Good. Let's actually acknowledge those people who are going out there and working day after day to pay for this stuff and realize that this stuff doesn't just fall from the sky.

well, we all pay taxes, same like you do in the US but we don't have to additionally take loans and be in debt all our lives to pay back what we should be entitled to in the first place, we all have the same equal chance for education here... it is just sad to see talented people in the US having to escape college because they cant afford it, this is all what I am saying.
969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 03:50:40 PM

it is sad how most Americans have no clue about what is really going around the world, and still think that USA is the greatest country in the world and the land of "freedom", when most of their follow citizen still struggles and cant get the basics of a free education and health care.

Free education? How do the teachers feed and house themselves?

The students don't have to pay all their lives for loans, their education comes from already paid taxes which goes to pay teachers and expenses of college... I for once paid annually 20€ for registration fee in college and another 40€ for my dorm room, then there is the student coupons (supported price from the government ) to use in restaurants.

If I pay my tax they better use it to make my life and the life of my children better, most EU and north African countries have this system, but in the US they instead spend tax money exporting "democracy" and "freedom" around the world, billions of dollars spent on war while millions of Americans struggle in poverty and losing the basic human rights, things that even central Africans are improving at.




People that without free education could not study, get better jobs and they pay more taxes. So in the end, they pay more from difference in taxes, than their education did cost. Besides taxes, they also don't get subsidised bills for kindergarten, they don't get social money from government,.. so at the end they save even more government money. They also don't need to beg, they do less illegal business,..
This is why I am wondering, why there is so much pressure to abolish free education around.



education is the most important quality when building a community, it start at home with the parents and continue to school and college, having the right to a decent education is a human right, everyone should have an equal right to receive it, but in the US they teach them about hating the word socialism, so anything sounds or start with "social" is hated, even if most of the time they don't understand a shit about it.

In Europe I like the French and German experience of building a strong social system for people.
970  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 03:08:20 PM

it is sad how most Americans have no clue about what is really going around the world, and still think that USA is the greatest country in the world and the land of "freedom", when most of their follow citizen still struggles and cant get the basics of a free education and health care.

Free education? How do the teachers feed and house themselves?

The students don't have to pay all their lives for loans, their education comes from already paid taxes which goes to pay teachers and expenses of college... I for once paid annually 20€ for registration fee in college and another 40€ for my dorm room, then there is the student coupons (supported price from the government ) to use in restaurants.

If I pay my tax they better use it to make my life and the life of my children better, most EU and north African countries have this system, but in the US they instead spend tax money exporting "democracy" and "freedom" around the world, billions of dollars spent on war while millions of Americans struggle in poverty and losing the basic human rights, things that even central Africans are improving at.

971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 02:16:48 PM
... and then you discover that your bitcoins did not go to the car dealer's address, but to some other address that no one knows who it belongs to, and there is no way to get them back...


Interesting point. Perhaps addresses could be signed in some way similar to SSL certs for websites.

which will be achieved with the development of BIP70.
972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 12:44:59 PM
WTF is twitch?

Amazon bought it and it accepts BTC

http://t.co/7HZB0AlnOg

Twitch is a live video streaming website, it is mostly used by gamers to stream their game plays...
973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 09:43:21 AM
I hope it is truly not the dirty fiat dollars that lead him to share his opinion in the way that he does.

I have been thinking that it has to be the clean, freshly made fiat dollars, but then again I don't know... In my country, professors are paid by the government and that's pretty much all you need to know.

Says the one without education.... a professor has a noble job, it helps in building a healthy,productive and open community, who am I kidding, a guy like you wouldn't understand what I am talking about.

 I am thankful for all my teachers and professors for all their effort and time they've spent on educating us and giving us the tools to search and find our ways, you could say they are paid for it, but it takes balls, not everyone is born to teach.

Edit: isn't about time you go to your "quality" thread ? isn't meant for your nonsense and pumping schemes ? or you have to spam your shit everywhere ?
974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2014, 09:39:39 AM
Here in the US, it works almost the same way, except that professors and Universities are paid indirectly through the Federal Student Loan program. So the government straps 18 year-olds with no job and no income with tens of thousands of dollars in debt, Universities raise tuition and expand at ridiculous rates thanks to this free money, and graduates get to compete in an absolutely shitty job market while making loan payments for 30 years.

Academia must be nice.

https://www.youtube.com/watch?v=Ww4m8GUK69E

yes, the irony, the US government pays billions of dollars to export "freedom" to other countries with their war machine, their citizen are blindly patriotic to the point where they believe killing a child is OK to prevent a future "terrorist", a "terrorist" that I would call a freedom fighter.... they called Nelson Mandela a terrorist for decades, they've called the Algerian revolution in 1954 an act of terrorism.....

it is sad how most Americans have no clue about what is really going around the world, and still think that USA is the greatest country in the world and the land of "freedom", when most of their follow citizen still struggles and cant get the basics of a free education and health care.
975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 09:34:24 AM
Very little point in arguing with a person who overrides my facts with his own, and when I make them a basis of my further argument, he accuses me of being wrong based on that his own "facts" were wrong. LOL

I hope such people do not buy Monero. At least not for cheap.  Grin

pathetic, period.
976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 09:22:03 AM
If you don't think that 6 consecutive weeks down, followed by a high-volume capitulation, means that we are oversold, you deserve to sell all your bitcoins NOW.
I don't think we'll go lower than $450 again, but I definitely don't think we will be at a much higher price in a few week/months either.
The Bitlicense is a very problematic business, until that is not resolved we can't go anywhere (as somebody said, "it could crush the business"). Also, the Winklevoss ETF must be approved first too I'm afraid.

Oh please - the Winklevoss etf is 18 months old news, and during this time BTC is up an order of magnitude.

Bitlicence tells that regulators' pants are wet when facing an innovation that could put them out of business. If you care, set your business up somewhere else except NY (the place has 0.3% of world  population after all). If you don't care, switch to Monero.

so you want to say that if Bitcoin crash Monero will still have a chance ? what a pumper, why don't you go back to your "quality" thread ? you are the biggest pupmer and dupmer I saw here, you have no values or morals. clown.
977  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 09:19:57 AM
If volume is lower and lower in a capitulation, it is a sign of a lack of sellers.

(Buyers are patently lacking, otherwise we were not in a downtrend at all..)

I can hear you crying, your dreams going away ?
978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2014, 09:17:46 AM
If you don't think that 6 consecutive weeks down, followed by a high-volume capitulation, means that we are oversold, you deserve to sell all your bitcoins NOW.

GTFO you clown, you keep saying the same from $680, and you call a bottom each time....
979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 08:46:35 PM
kiss that $500 for now, I think that you wont see it for a long time.
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2014, 04:19:09 PM
Hodlers, you are fucked up and you just don't know it... not yet, not spreading any FUD only facts.
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