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1  Other / Beginners & Help / Re: Coinbase taking forever to show purchased Bitcoins on: November 18, 2013, 04:43:25 PM
My experience was in the first 30 days it took a while to get those coins.  It seemed like it was a week.  I am now level II verified and they show up instantly as "pending."  It might take as long as 20 minutes  to show "completed" at which time I can transfer them out of Coinbase if I wish.
2  Economy / Speculation / Re: Guess the weekend low (16-17/11/2013) 0.1bitcoin prize on: November 16, 2013, 12:31:15 AM
397.01
1xoSwGXosrHArUtepkJiL8YUdpS1XTtL7



3  Economy / Speculation / Re: Guess the weekend low (16-17/11/2013) 0.1bitcoin prize on: November 16, 2013, 12:18:03 AM
397.01
1xoSwGXosrHArUtepkJiL8YUdpS1XTtL7

where can I get Litecoin?
4  Economy / Speculation / Re: We are now stagnant, which way will we go afterwards? on: November 15, 2013, 11:18:50 PM
There is a significantly greater-than-average number of posts assuming the "weekend crash" is inevitable.

I think we've been in a holding pattern as everyone is waiting and watching to see if that's true. Waiting for it to go down so they can buy back in.

Which is exactly why I don't think it's going to happen.

No, that is exactly why it is highly likely to happen.
All the sheep want to try to gain a few coins in the dip, and will mass sell during the selloff hoping to buying lower.

Also, this rally has attracted a lot of new people, so the effect of 'old'-timers adapting is reduced.


dudes picking up a couple of coins because of the news would prolly just buy as soon as they could- as soon as their account is turned on- regardless of technical conditions.  I would also postulate that they would tend not to trade in and out of their coins and would just hold come hell or high water or until they bored whichever comes first.
5  Other / Beginners & Help / Re: How did you get into bitcoins? on: November 15, 2013, 10:02:30 PM
I was one of the original subscribers to Zerohedge back on Seeking Alpha in like 2006.  I have read most Zerohedge posts since then.  It was first mentioned on Zerohedge maybe two years ago.  Didn't get around to buying some until after the implosion this spring.
6  Economy / Speculation / Re: We are now stagnant, which way will we go afterwards? on: November 15, 2013, 09:28:23 PM
I took out my purchase cost a few hours ago by selling some coins...  *not including my Casascius coins which are deeply in the money and which I may never sell.  I still have a bunch (most) of BTC/profit in this market.  The next time it dips significantly I will buy some more and repeat the process.  Wash and rinse until it doesn't work anymore or the price is ludicrous. 

See?  Now here is a reasonable bear that I can respect.

I'm not a bear.

I'm agnostic on the future of BTC.  It would seem to turn into something monumental but could easily be derailed into something ultimately trivial.  Meanwhile, I think BTC goes over $1k in the next few months.

I have no idea what the ultimate highs are.  I would rather just throw some money at it on the corrections and see what happens.  Maybe that's just how I justify it in my head.
7  Economy / Speculation / Re: We are now stagnant, which way will we go afterwards? on: November 15, 2013, 03:35:57 AM
I took out my purchase cost a few hours ago by selling some coins...  *not including my Casascius coins which are deeply in the money and which I may never sell.  I still have a bunch (most) of BTC/profit in this market.  The next time it dips significantly I will buy some more and repeat the process.  Wash and rinse until it doesn't work anymore or the price is ludicrous. 
8  Alternate cryptocurrencies / Altcoin Discussion / Re: -- Bitcoin Transaction Fees to Sky-Rocket - Bank Takeover on: November 14, 2013, 04:04:26 PM
marked Wink

ps: I'm selling Tulips now and also "shares" in tulips also

Tulips have too long of a shelf life and are an inherently inferior monetary plant.  The beauty of a monetary vegetable such as a pumpkin beyond pumpkin pie and jack-o-lanterns is that the shelf life is limited to a few months before they start rotting or get smashed.  A pumpkin coin could be a deflationary coin like BTC with an incentive to spend it as it would rot eventually.  A "hot potato" coin might work as well. 

Imagine the glee one day of finding a pumpkin coin in the punkin patch.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: -- Bitcoin Transaction Fees to Sky-Rocket - Bank Takeover on: November 14, 2013, 01:19:13 AM
https://bitcointalk.org/index.php?topic=172664.0

..."The crypto model adopted by bitcoin is inherently 'unfair' and 'flawed' imho, just like in capitalism where the already rich and powerful become increasingly richer and more powerful at the expense of others. We are already seeing this with bitcoin. Soon, (if not already) only established and large corporations, big banks, already very wealthy individuals, governments and nation states, with access to super computers will be the only people able to generate any bitcoins. This 'free market' will be totally monopolized, this has already started to happen." - Myself ...

This entire post makes for an uncomfortable read, I wrote it around the time of the bubble crash not long after returning to this forum. I didn't even include the effects of protocol failure, I just described the entire model over time. At that time I don't think many really appreciated what I actually ment by a very long time.

There's a youtube video where Gavin describes the certainty of centralization and that us 'home' bitcoin miners and the community at large are not really going to like it very much when it happens. If bitcoin does gain mass adoption with said transaction volume then its really a given - very similar to what Vlad2Vlad is saying.

financialcryptography.com "Where the crypto rubber meets the Road of Finance..." Its fun to be part of the experiment though, right ?  Cry

Finally, a man who thinks for himself.  I wasn't around in April but I'm glad to see you had the vision to see the flaws way back then.  99% can't even see it now which is why crypto money will succeed and it will enslave the masses.

Basically, people are stupid sheep and I'm starting to agree with the elite that we need to be prodded and herded like dumb animals.

BTW, I'd hate to see a smart guy miss the next Bitcoin 2.0.

Brother, buy yourself just $50 of ixCoin as soon as you can but don't chase it.  You should get at least 5,000 ixCoin for that.

If I, right, and ixCoin breaks out next year [alongside or in place of Bitcoin] then you'll make a million bucks, or more, off just that $50.

I don't wanna put up any walls of texts here so either read up on my alleged crazy theories or just trust me since it's only $50.

Bitcoin is either flawed or it's a head fake for the Russians and Chinese, but either way, Bitcoin will not be the global currency everyone thinks it will be and will most likely die [unexpectedly] next year.

I know how impossible this seems right now with Bitcoin crashing through $400 on its way to $500, with all the support of the entire planet and massive momentum behind it, but that's what I see and it makes so much sense.

Godspeed!

the future is an altcoin infinitely interchangeable with and fully backed by a vegetable like a pumpkin... mark it!
10  Other / Meta / Re: Can't change profile picture on: November 14, 2013, 12:55:13 AM
I also can't change my avatar nor delete it and go without one.

ditto
11  Other / Beginners & Help / Re: Online business taking bitcoins on: November 14, 2013, 12:10:49 AM
PS was there a crypto currency prior to Bitcoins/ I seem to remember something like that back in the mid 90's??

DigiCash/eCash

coinbase.  At least transactions all positive in the money for me and no problems.
12  Other / Off-topic / Re: Do you smoke pot? on: November 13, 2013, 10:04:53 PM
No one has died from cannabis, ever
Ahem,
http://www.telegraph.co.uk/news/uknews/1452117/Cannabis-is-blamed-as-cause-of-mans-death.html
Dank, you seriously need to start opening your eyes. You only want to read and believe the stuff you want to believe in, and ignore all the bad stuff. That's not research.
This is clearly bull.  You would need to smoke over 1000 lbs in 15 minutes to die from cannabis poisoning, I don't think that feat has been accomplished on earth.  Even then, you would die from lack of oxygen before the cannabis killed you.
Weed is the safest drug on earth.  Safer than aspirin, caffeine, even water intoxication kills more people than cannabis, which kills none.
All you ever needed to know:
http://forum.grasscity.com/medical-marijuana-usage-applications/645925-grannys-mmj-list-july-2010.html

True.
It is impossible to die from THC unless you take it with that intention.
There has never been a documented human fatality solely from overdosing on tetrahydrocannabinol or cannabis in its natural form.
http://en.wikipedia.org/wiki/Tetrahydrocannabinol#Toxicity


Contrary to this, aspirin is damn dangerous. Poisoning is frequent. Death may happen.
http://en.wikipedia.org/wiki/Aspirin_poisoning



It's true.

Marijuana has a high lethal dose level.  Alcohol is low.  Cocaine is low and highly variable.  Heroine is low.  Many legal opiodes (synthetic heroin) like Percocet and Oxycodone are low.  LSD is very high, as well, if I remember correctly.
13  Other / Off-topic / Re: Do you smoke pot? on: November 13, 2013, 07:27:26 PM
Then why has this never happened in the history of man kind?

No one has died from cannabis, ever.

Now the laws around cannabis, that's a different story.

What about those who did some stupid stuff under the influence?

Also this, lol Cheesy No one has died from cannabis, ever.

Late night Cheetos runs and jam bands....  KILL!
14  Bitcoin / Bitcoin Discussion / Re: Could rapid price appreciation prevent Bitcoin's success? on: November 13, 2013, 06:16:59 PM
It seems simple to me.  If you have BTC and think it is overvalued or fairly valued, you will be inclined to spend those BTC.  If you think it is undervalued, you horde.  At some point equilibrium is reached on a group level. 

A retailer could open a Coinbase account or something similar and almost instantly convert a BTC payment to USD.  In the future perhaps there will be an instant conversion to an ACH payment.  In such a case then BTC price movements would be irrelevant because there is not currency risk.  That retailers horde collectively is perhaps an indication that most feel it is undervalued and/ or difficult to obtain.
15  Economy / Speculation / Re: how high will BTC go by next weekend - 11/15/13 on: November 13, 2013, 12:39:26 AM
Take a look at some of the trading sessions pushing the coins up tens of $ with only a few hundred trades.

There is a MASSIVE bubble forming, it is being driven by sites trading futures and naked short selling of the coins, and the  recent 3 pronged dumping of the coins in the last week.

If you can ride it and get out just before the crash… then good luck.





I'm unaware of these sites.  I've been thinking of the impact of naked shorting BTC for a few weeks.  Because BTC trades on different exchanges and venues with big price differences that no one can apparently arbitrage currently, I do not feel naked shorting at this point is very relevant.  If prices were the same on all major exchanges or at least very close one could surmise that there is arbing and one exchange going down would have a large impact on BTC price.  An exchange or bucket shop could naked short and easily blow up; it wouldn't affect the other trading venues or average BTC price other than the investment money allocated towards BTC being lost.  But then there are bucket shops and exchanges running off with customer funds right now and, for all we know, they are long only and not naked shorting.
16  Economy / Speculation / Re: Call the top on: November 12, 2013, 11:32:35 PM
my WAG:

$1975 if the Senate hearings are not negative
$524 if they are a catastrophe
17  Other / Off-topic / Re: Do you smoke pot? on: November 12, 2013, 11:16:46 PM
Weed isn't. Love it.

But I love money more... it buys me weed.
Huh That doesn't make sense. You claim you love money more than weed, but then dump the money in exchange for weed. Which suggests you love the weed more.

Some people aren't designed to get it.  They judge us like they're the righteous ones. Holy and pure. Bullshit.
Reading through your previous posts your not entirely innocent of being judgmental yourself.


Take drugs, don't take drugs. Doesn't bother me, up to the individual. Personally it just doesn't interest me, and never has. *shrug*.
It's seems to me drugs are so deeply embedded in your life, someone else enjoying life without any need to take drugs just doesn't register in your tiny brain. Cannot happen. Does not compute. Malfunction. Something must be wrong with them.

Sad.  Sad


As long as you live in your own little paradise apart from all the crack head users, and dope fiends, and rap music gang parties and stuff? Drugs seem to go along with these thinking disorders especially of younger people before they actually grow up. But it causes harms to people who have to live in the low rental places, as these drug users seem to end up there, and they seem so intent on doing their drugs and other foul things, that anyone who wants to live in a quiet place is somehow in their way, and they seem to have thoughts of murder.

But sure, as long as it doesn't enter into my life, or as long as I am not aware of these problems, then go ahead and do the dope or don't do the dope?

There are elderly people living in abusive apartments, where other people push their drugs and threaten violence, where they keep the doors locked and don't go out at night.
Then there is the crack users, whose filthy smoke is like pooring pure alcohol down the throats of the neighbors against their will, just from breathing a whiff of that crap.

You seem to be equating marijuana use with inner city gang problems, blight and hand-in-hand with crack, etc.  Marijuana use happens along all social spectrums from the White House (Willie Nelson) to inner city crackhouses.  Whatever underworld unpleasantries are associated with marijuana could easily be eliminated by legalizing and regulating it.  Take out the profit incentive.  I still won't use it when it is legal in my state unless a medical problem necessitates its use.
18  Other / Off-topic / Re: Do you smoke pot? on: November 10, 2013, 09:13:49 PM
"Call the cops! Those guys are smoking a (smelly Cry) plant that media propaganda tells me is evil."

Caffeine is far worse, yet we are encouraged to consume it all day just so we work harder and longer work hours. In my opinion I should be able to do whatever I want, providing no one else is negatively effected. People say they want freedom, yet they are always happy to take it away from others.

The tar in chronic pot smokers lungs is about 3 inches deep.  You could play basketball with those lungs.  I'm not anti pot, just sayin'....
19  Bitcoin / Press / Re: 20123-11-10 Business Insider: Bitcoin Crashes Nearly 25% on: November 10, 2013, 07:33:24 PM
It "crashed" down to what it was two days ago....  BTC is done, over, kaput....  my BTC "evaporated" upwards like $10k in the last few weeks. 
20  Other / Off-topic / Re: Do you smoke pot? on: November 10, 2013, 06:29:03 PM
I ALWAYS call the cops when I want to smoke up.... they got the best bud.
 Grin Grin



actually I haven't smoked up in years.  when I grew up, I realized that I did not like marijuana.  I would smoke it though if I had a serious medical condition versus pain pills.
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