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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 03:50:32 PM
Ethereum's rise this year pales by comparison to past bitcoin rises. And anyway, I will never buy a single ETH - there are too many who feel the same as me for it to ever overtake bitcoin.

Huh? Are you talking about the very first one, from $17? Surely not the $1200 Willypump, which was only x10.
And, of course, both were obvious pumps, not like Ether's natural, organic growth that goes hand in hand with its superior technology.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 03:38:02 PM
He tried to cherry-pick + doesn't know how to read charts Sad

Says the guy that cherry-picks when he posts a graphic.

I might have made a typo. Here, check my work:

Mar 15:
BTC = $417.24
ETH = .03076570 BTC = $12.836680668

1000 / 417.24 = 2.396702138 BTC
1000 / 12.836680668 = 77.901758707 ETC

Jun 15:
BTC = $681.89 * 2.396702138 = $1634.287220881
ETH = $18.49 * 77.901758707 = $1440.403518492

Ok, not as bad. ETH is getting a big boost on BTC's coattails, but BTC still outperforms. The ETH pump is over. Go back to the altcoin forum.

Lol @ "typo" Roll Eyes Even with cherry-picked dates, at the crest of the bitcoin pump, still can't come up with impressive numbers. Not like ETH's x16 rise Shocked in less than a year, currently @ ATH Cool
And a pro tip for you: When riding someone's coattails, you can't go faster then they are going. Not like this:

...but you believe what you wanna believe, I'm sure this here bitcoin nag has a few good pumps left in her.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 02:55:12 PM
Price tanking again, 2 of my posts got deleted.
Desperation is palpable.
But BTC price is slowly recovering, which is nice. CCMF...
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 02:38:47 PM
P.S. The Risen One is probably swimming in an ocean of money He made on ETH, while you gentlemen have been holding your dicks Cheesy
https://s32.postimg.org/m8nlrpqad/Capture.jpg

I'm so sick of you ETH pumpers. Go back to the altcoin forum.

Here're the facts:

$1000 invested in BTC 3 months ago = 2.396702138 BTC worth $1653.724475122 today.
$1000 invested in ETH 3 months ago = 32503.729802995 ETH worth $867.371780912 today.


May be just me but your numbers seem off.

He tried to cherry-pick + doesn't know how to read charts Sad
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 02:35:50 PM
P.S. The Risen One is probably swimming in an ocean of money He made on ETH, while you gentlemen have been holding your dicks Cheesy
https://s32.postimg.org/m8nlrpqad/Capture.jpg

I'm so sick of you ETH pumpers. Go back to the altcoin forum.

Here're the facts:

$1000 invested in BTC 3 months ago = 2.396702138 BTC worth $1653.724475122 today.
$1000 invested in ETH 3 months ago = 32503.729802995 ETH worth $867.371780912 today.



$1000 invested in BTC a year ago = ~$2,500
$1000 invested in ETH a year ago = ~$13,000 Shocked
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 02:26:02 PM
Good news, everyone! We're finally in the green!

7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2016, 12:35:14 PM
Did anyone sell at the bottom? Tongue
Yesterday's bottom is today's top Sad
*Unless you're talking about modern crypto whose name is so powerful it's verboten to  be uttered in this temple, lest satoshi idolaters all come to their [dulled] senses & start worshiping at the altar of the The One True God.
In which case I, too, am interested.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin is too slow on: June 15, 2016, 12:13:30 PM
Damn, a lot of people feeding the troll here...

I see you're account farming? Can I help?
clippy.gif
9  Other / Off-topic / Re: Someone help me on: June 15, 2016, 12:07:13 PM
Ok so I am new to this forum and I have no idea how to get a higher rank here like, Jr. Member here. That should stop that stupid 360second cooldown right? So tell me how to get a better rank because I am starting to grow tired of the 360 cooldown period and soon I need like a 300 dollar loan for something. As people here don't trust newbies I really need help to get a better reputation on this forum and get my plan working so I can start make BTC and selling them before the price go down again cause of the hlaving mining reward.

Make posts here Bitcoin Forum > Economy > Trading Discussion > Reputation and wait.
10  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: June 15, 2016, 12:04:56 PM
What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.

instabilities become the most important point. Bitcoin is designed this way. Bitcoin digital currency is difficult to predict . Only those who dare to take a decision that will be used Bitcoin .
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin is too slow on: June 14, 2016, 03:59:14 PM
Transactions are too slow. Will someone fix it or do we need a better coin?

It's fine, OP. Just how bad are you jonesing for bath salts, anyhow?
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2016, 01:57:49 PM
Sorry bro, you need read up more on the topic.  It isn't worth anyone's time explaining Bitcoin use cases to you, when you're arguably trolling and, like anyone intelligent, can research the topic yourself.  Unless you want to pay me in bitcoin, of course, for an hourly consulting/mentorship gig?    Cheesy Cheesy

Just let me know and I'll shoot you my Skype name and BTC address.

Sure, just walk away... too weak to even admit that you got nothing Undecided

Your arguments are too fallacious and you're obviously trolling.  Or I hope it's trolling, for your sake.  No one with any degree of sophistication would take the time to respond to those arguments and red herrings.  It'd be a waste of their time.

Anyway... ignored.  Have fun.   Wink

>too fallacious ... any degree of sophistication
Lol, check out the big brain on Brad! The sucker must be made to believe that he is the smart one at the table. Cheesy
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2016, 01:47:51 PM
Sorry bro, you need read up more on the topic.  It isn't worth anyone's time explaining Bitcoin use cases to you, when you're arguably trolling and, like anyone intelligent, can research the topic yourself.  Unless you want to pay me in bitcoin, of course, for an hourly consulting/mentorship gig?    Cheesy Cheesy

Just let me know and I'll shoot you my Skype name and BTC address.

Sure, just walk away... too weak to even admit that you got nothing Undecided

Re. your edit: "opportunity cost" is the cost of having your IRL money tied up in bitcoin, instead of actually investing it.

You're the guy that keeps "reinvesting" his ponzi "profits" in the ponzi, because it's so darn profitable. The hallmark of the perfect mark Cheesy
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2016, 01:37:56 PM
LOL.  Not at all...

Scratcher tickets aren't useful innovation.  They don't make industry processes more efficient.  They don't reduce costs or friction in archaic technologies.  They don't enable new, useful applications that previously weren't possible.  They are clearly -EV, since there is no real value being created and Uncle Sam takes a healthy slice.  

Crypto-currencies are a useful innovation.  As a crypto-currency, Bitcoin offers unique utility in the real-world that, at least today, is not matched by any alternative crypto-currency.  It exhibits an incredibly strong network effect.  It has the greatest hashing power (by far).  It has the infrastructure and distributed ecosystem.  It has international brand recognition, and a growing "trust" due to it's age and familiarity, and these things only strengthen with time.

Anything that is both useful and scarce will have value.  A new technology that provides real utility in the world is not a Ponzi scheme.  To ask why speculators have gotten wealthy, some quite quickly, is to strike the bedrock of what constitutes real value (in society) with the shovel of a stupid question.  The value of the "thing" is not a function of the fact that there's an internal unit of account ("bitcoins") and that this unit of account is traded between peers.  Else you'd have to apply this fallacious logic to any tradable instrument.  Is Tesla a Ponzi scheme because some investors might want to "get rich quick"?  What about gold?

>Scratcher tickets aren't useful innovation.  They don't make industry processes more efficient.
What industrial processes are you talking about? Turning electricity into waste heat? That could be done more efficiently via legacy methods, like electric space heaters.
If you're thinking payment processing, 3 tps @ $8 per transaction (at current BTC rate of $580) is, like, the worst possible way to do commerce.

>They don't reduce costs or friction in archaic technologies.
Other than the ransomware, name one.

>It has the greatest hashing power (by far)
Hash power is useless, an overly complicated way of turning electricity into heat. If you build a machine that has the greatest rate of flushing money down the toilet? Trust me, they won't come.

>It exhibits an incredibly strong network effect.
So did crack.

>It has international brand recognition
Yeah, so do AIDS and cancer. Everyone has heard about bitcoin, the defacto currency of cybercriminals.

>Anything that is both useful and scarce will have value
Bitcoin blows it in both respects. It can't scale, and, for all but criminals, it ain't useful.

>A new technology that provides real utility in the world is not a Ponzi scheme.
Huh? Saying that it's not a ponzi often & emphatically enough doesn't make it so.

>To ask why speculators have gotten wealthy, some quite quickly, is to strike the bedrock of what constitutes real value (in society) with the shovel of a stupid question.
You drop a lot of acid, Miller, back in the hippie days?

>Is Tesla a Ponzi scheme because some investors might want to "get rich quick"?
Tesla makes cars.
Bitcoin takes the marks' money and turns it into heat, tears, and failure.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2016, 12:55:13 PM
Damn I sure hope you are right. I have 106 BTC more or less.....It would be nice to see what kinda 'ass' I would be with that kinda action. Smiley

In Wall Observer or around friends?

Jabroni Friends (before) - "You're stupid man, going to lose all your money.  Can't believe you're buying into a scam (crypto-currency) scratch tickets!"
Jabroni Friends (after) - "Man... I wish I got as lucky as this guy!  You better sell not spend all your winnings on scratch tickets before you're sorry and thank God for that miracle!"

FTFY. Buying scratch tickets doesn't become the best investment ever if you win Smiley


It's arguably a +EV (expected value) "scratch ticket".
Same could be said for every shitcoin currently trading, and every ponzi scheme that hasn't collapsed Undecided
In nine parallel universes, it goes to $0.  In the tenth, it achieves ubiquity and goes to $10,000+.  A bet that usually doesn't pay off doesn't make it a bad bet.  An EV calculation simply takes into account the probabilities of different outcomes.  
That's typical Longshot Charlie reasoning: "I only gotta win once, and all this will be worth it." The thing about calculating EV is it can't be done in shell games and crypto, for the same reason: the game is rigged, you are basing your EV calculations on a faulty model, it doesn't work like you think it does Smiley
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2016, 12:45:23 PM
Damn I sure hope you are right. I have 106 BTC more or less.....It would be nice to see what kinda 'ass' I would be with that kinda action. Smiley

In Wall Observer or around friends?

Jabroni Friends (before) - "You're stupid man, going to lose all your money.  Can't believe you're buying into a scam (crypto-currency) scratch tickets!"
Jabroni Friends (after) - "Man... I wish I got as lucky as this guy!  You better sell not spend all your winnings on scratch tickets before you're sorry and thank God for that miracle!"

FTFY. Buying scratch tickets doesn't become the best investment ever if you win Smiley
17  Other / Beginners & Help / Re: What is a signature campaign??? on: May 18, 2016, 05:23:52 PM
It's cancer, OP. Cancer.
A way for an advertiser to create an incentive for greedy people to fill the forum with thousands of posts of completely useless nonsense.  The advertiser offers a small payment in exchange for the user to add the advertiser's ad to the user's signature space.  The user is required to create a particular number of posts on the forum so that the advertiser feels that the ad will get noticed.  Since the average greedy unknowledgeable user doesn't have enough useful and well thought out things to say to meet the advertiser's quota, they end up just spamming threads all over the forum with useless drivel.  Several of the regular forum users have taken to blocking (using the "ignore" link) all users with a signature ad campaign in their signature.  Therefore, by participating in such a campaign, you significantly increase the likelihood that helpful and knowledgeable users will never see anything that you post here.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2016, 03:50:39 PM
http://www.bloomberg.com/news/articles/2016-05-05/a-cartel-and-a-briefcase-how-drug-cash-moves-on-a-river-of-gold

"“If I had a lot of money to launder, I would choose gold,” says John Cassara, a former U.S. Treasury special agent and author of books on money laundering. "Bitcoin is full of criminals, the dumb ones flock to it like flies to shit, placing it under intense scrutiny of crime prevention agencies around the world. Having a bitscoin wallet, or even mentioning bitcoins, is akin to painting "Arrest me! I'm an incompetent criminal" sign on your back, not something you'd want to do. The noose is tightening around crypto's unwashed, scrawny neck, and, with the creator of online money Liberty Reserve getting thrown in prison for 20 years Shocked, the bitcoins jig is nearly up."

Hmm...
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2016, 03:15:27 PM
why would someone claim to be satoshi fully knowing he won't be able to prove it when the time comes

did he really think we'd take gavin's word " i verified his key " as irrefutable proof?

Bitcoin is a world of cunning, intrigue, mystery and excitement!
20  Bitcoin / Bitcoin Discussion / Re: Russian Law Would Send Bitcoin Users to Jail as Cybercriminals on: May 02, 2016, 03:10:44 PM
^^^
Doubt Mom is up for carrying around a laptop, booting TAILS and typing in the seed every time she goes shopping, but I could be wrong.
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