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981  Other / Meta / Re: Who are the most trustworthy Bitcointalk users? on: November 06, 2014, 07:10:17 AM
Probably Lyth0s. The moral code is strong with that one.
982  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 05, 2014, 07:07:38 AM
beautiful. I can't wait to quote that asshat in 2016.

Basically he's saying bitcoin is bad as a currency because

1) It's not already used by everyone
2) People think that they will get reach if it succeeds


Neither of which have anything to do with whether or not a currency will succeed

This sounds exactly like those old school reporters who said that the internet and digital media will never take the place of a book or newspaper.
983  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: GAW Miner Discounts - Including Hashlet Prime and Hashlet Solo on: November 05, 2014, 06:47:44 AM
Update 11/3/14


cupnoodles: I don't see your purchase. I sent you a PM for more info.

mrabouissam: Thank you, bitcoins sent!
984  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 03:32:54 AM
Twitter was brutal on the Winklevoss twins ...


That's unfortunate. But, I heard that presentations by Ripple Labs members were well received.  Cheesy Cheesy Grin

Is there not a Ripple forum? Or do you just need more people to buy your ripple with their bitcoins?

Sorry, I was trying to express my sympathy for the Winklevii.

There has to be a reason though why you hang out on a bitcoin forum, when really it seems like your interest is in Ripple. Why not discuss ripple with people that are also interested in the same crypto?
985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 03:27:13 AM
Twitter was brutal on the Winklevoss twins ...


That's unfortunate. But, I heard that presentations by Ripple Labs members were well received.  Cheesy Cheesy Grin

Is there not a Ripple forum? Or do you just need more people to buy your ripple with their bitcoins?
986  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 03:20:25 AM
Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.

It has to be a chemical to be considered a drug.

Ok, then define "chemical". On the most basic level it could be defined as an atom or arrangement of atoms. Therefore breathing oxygen (non-concentrated) is a drug.

But on a more physical level, shouldn't photons also be considered a chemical since they are particles and also have "receptors" and influence our brains? That would then support my claim of everything we see being a drug.


As far as chemical vs medicine, that is purely just a difference in what the substance is used for.

I have a Bachelors in Science in Biology and Chemistry with post-graduate education in a similar field. If you start listing every food item as a drug, the definition is all inclusive.

The word "Drug" should be limited to substances that are either potent by nature or are in a concentrated form that can produce an acute physiological change in our bodies.

How does that apply? Normal oxygen concentrations of about 21% at sea level pressures does not cause a change and therefore isn't a drug. Abuse of 100% oxygen is highly concentrated and causes many physiological changes, and thus could be classified as "drug" abuse.

This topic is completely unrelated to bitcoin, so this is where I end my discussion on the topic.

the "exclusion criteria" is a chemical substance that has a known biological effect on the body, with the main effect not being one of nourishment (so excluding foods).

I would consider breathing air to be nourishment, and huffing oxygen to not be nourishment, so we are not in disagreement. No need to throw e-degrees at me and pull the old "lets not be off-topic but I want to get the last word in so here's some off-topic stuff but now you don't get a chance to respond haha" trick.



Not at all, you're free to continue to discuss it. I'm just saying that I'm personally not going to argue the point anymore.


Looks like the Winklevoss bro's got smashed: http://seen.co/event/money2020--2014-6605/highlight/575322

987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 03:05:04 AM

FTC appointed receiver is to convert ~24'000 BTC seized from BFL (and EMC?) to cash "on a systematic and reasoned basis"
https://bitcointalk.org/index.php?topic=150803.msg9427254#msg9427254
Bitcoin doesn't seem to respond so much to "news"

Yeah.

The USMS auction happened on June 27.  In the 4 days prior the price dropped from 600$ to 560$, then recovered to 600$. After the auction it remained at 600$ for another 3 days, then shot up to 650$, perhaps on rumors that Draper had paid over market.  But that 650$ was merely a return to the high of June 2-10.  It may well be that those swings had nothing to do with the auction.

Yes, but Draper has become a punch line since his bid and nobody is going to be dumb enough to high bid an uber ton of coins, again. You have these coins and the ones in Australia or New Zealand or wherever the f---, too. You basically are going to have roughly 50,000 more coins hitting the market at the same time that the Winklevi are trying, more or less, to dump their coins. This s--- is officially dead. I am opening a short. This s--- is beyond f---ing dead.

It is one thing to be shorting bitcoin while it is going down in order to obtain MORE coins. It's a whole other game to actually be selling all of your coins and have nothing but shorts.

Hopefully you're smart enough to see that the end game IS bitcoin and you don't sell all of your coins off...
988  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 02:53:04 AM
Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.

It has to be a chemical to be considered a drug.

Ok, then define "chemical". On the most basic level it could be defined as an atom or arrangement of atoms. Therefore breathing oxygen (non-concentrated) is a drug.

But on a more physical level, shouldn't photons also be considered a chemical since they are particles and also have "receptors" and influence our brains? That would then support my claim of everything we see being a drug.


As far as chemical vs medicine, that is purely just a difference in what the substance is used for.

I have a Bachelors in Science in Biology and Chemistry with post-graduate education in a similar field. If you start listing every food item as a drug, the definition is all inclusive.

The word "Drug" should be limited to substances that are either potent by nature or are in a concentrated form that can produce an acute physiological change in our bodies.

How does that apply? Normal oxygen concentrations of about 21% at sea level pressures does not cause a change and therefore isn't a drug. Abuse of 100% oxygen is highly concentrated and causes many physiological changes, and thus could be classified as "drug" abuse.

This topic is completely unrelated to bitcoin, so this is where I end my discussion on the topic.
989  Economy / Speculation / Re: You heard it hear 1st on: November 04, 2014, 02:36:09 AM
Grin

We will haven't even gone sub $200?

You not will see it even go sub $200?

What?
990  Economy / Speculation / Re: How Many BTC Do You Guys Class As A Lot? on: November 04, 2014, 02:34:26 AM
I think 10+ Bitcoins will prove to be a massive sum of wealth 5 years from now.

Remember that if just the worlds top 3% richest owned all the bitcoins that will ever be produced, their fair share would only be 0.0875 bitcoins each!

If everyone in the world gets an even share of coins, then everyone would only have 0.00265 bitcoins!


And that is assuming that all 21 million coins have been mined. Cheesy
991  Economy / Computer hardware / Re: [WTB] Black Unopened Trezor on: November 04, 2014, 01:52:24 AM
0.28 for one.

0.25 and you have a deal.
992  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 01:41:14 AM
finally could get a chance at my 270 coins

Cheap coins dude! Cheap coins! Finally!
And after you got your cheap coins we magically go up!

No spooderman, wait for $120 coins!  On second thought, just wait for $85 coins!  

Yep, I'm sure we'll get there, and then Shroomie is right --- we'll just magically start rising from there!  Because magical rises always start to happen after a market has been completely devastated for a solid year.  Right?  Riiight???

At 270 he will start praying for 220 coins because by then 270 is expensive. This shit just never stops. 6 years in, worst year so far, Bitcoin is doing extremely bad and he hopes we go down even more so he can save 200 bucks on buying a few coins.
People like him just really don't get it. They really have no idea what's going on.


For a guy using shrooms, you are really impatient. It is all part of the game.

Again, i don't use drugs. This was not my original account.

Legit: U don't use coffee, cola, tea, cigarettes, bear? U don't use poppy,

Too far: parsley, nutmeg, dark chocolate, pepper, chilli, ginger, vanilla, anise, cardamome, garlic, rosemary, sage?

All of them are drugs and have effects on your brain. If you don't believe me, use google or ask a intelligent doctor.
U should really use shrooms, because you will be way more patient after that. LOL

Everything we do, see, eat, smell, feel are all inputs to our brain and they all cause an output. If you are simply defining anything that effects your brain as a drug, then every single thing in this entire world is a drug and since that has no exclusion criteria, it thus would make that term useless.
993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 04, 2014, 01:37:00 AM
finally could get a chance at my 270 coins

Cheap coins dude! Cheap coins! Finally!
And after you got your cheap coins we magically go up!

No spooderman, wait for $120 coins!  On second thought, just wait for $85 coins!  

Yep, I'm sure we'll get there, and then Shroomie is right --- we'll just magically start rising from there!  Because magical rises always start to happen after a market has been completely devastated for a solid year.  Right?  Riiight???

At 270 he will start praying for 220 coins because by then 270 is expensive. This shit just never stops. 6 years in, worst year so far, Bitcoin is doing extremely bad and he hopes we go down even more so he can save 200 bucks on buying a few coins.
People like him just really don't get it. They really have no idea what's going on.


For a guy using shrooms, you are really impatient. It is all part of the game.

Again, i don't use drugs. This was not my original account.

What was the point in buying an account?
994  Economy / Speculation / Re: Automated posting on: November 04, 2014, 01:36:31 AM


It is the trend line support back from April 2013:







You can think for yourself, if this is a good or a bad sign.

Decision will be made until 14th of November

So are the next 11 days "critical" for bitcoin? hehe

Thank you for pointing the support line out though. Maybe TA does have some merit? Or at least a self-fulfilling merit.
995  Economy / Speculation / Re: Automated posting on: November 03, 2014, 11:41:59 PM

What is going on with all those bids?
996  Economy / Computer hardware / [WTB] Black Unopened Trezor on: November 03, 2014, 11:18:11 PM
Hello if you recently bought the 2 for 3 deal of trezors and have a few extra ones lying around...I'd like to buy a *NEW* black trezor off you for the $80 (the price you paid per Trezor on the deal) plus shipping.
997  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 10:33:46 PM
i expect huge dumps in the next 3 hours...15 min before the winklevoss twins get on stage @ money 2020...and all just to mess with them


The faster the sellers run out of coins the better.
So that would be bullish!  Roll Eyes
998  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 10:24:57 PM
OK.  So there are some strange things going on in the US.  Prices for gas are crazy low.  The DOW is high.  Gold is low.  We have an election tomorrow and it seems that preceding a US election many of these things are manipulated.  

I think that Wednesday things will start changing VERY fast.  Gold will get bumped up, and like usual, Bitcoin will follow.  Also, the lovely lower gas prices will inch back up.  The DOW?  I would be concerned that we will see that as well as the USD value go down in the next few weeks too.  

I agree with you. Gas prices are suddenly very low in the past 2-3 months. Gold is low despite multiple rounds of QE, the DOW and the USD look artificially strong. Interesting times.
999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 03, 2014, 10:22:28 PM
http://www.cnbc.com/id/102146894 (Yantra Financial Tech)

BTC This is gonna be huge and bullish as fuck! BTC

'Now, financial institutions using the Ripple protocol can analyze virtually every aspect of a transaction within seconds, including what other payments the customer recently made and potential concerns regarding a specific transaction."

Sounds shitty as fuck. Big brother anyone? They are using Ripple to better monitor their customers expenses, who they are doing business with, where else they are spending their money etc. At least have some anonymity....
1000  Economy / Speculation / Re: Winklevoss COIN -- Will it even matter? And how much? on: November 03, 2014, 10:15:35 PM
The ETF already has many bitcoins and they have a fixed ratio of 5 shares of COIN per 1 bitcoin. With that being said once enough investors buy enough shares to go over their stockpile of bitcoins, the ETF will be buying 1 new coin per 5 new share purchases.

When COIN first comes out it may hurt bitcoin prices as people may buy the COIN shares instead of bitcoin directly, but as the share buying continues it will help to add a lot of buying pressure from wall street and I believe it will significantly increase the bitcoin marketcap. Wall street is very used to owning shares.... but securely storing bitcoin? Not so much.
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