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1681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:57:22 PM
Well, the banking interest bear can't use a mic so his testimony is pointless...
1682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:55:55 PM
This guy is going to have the mic in his stomach before this is over.
1683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:54:10 PM
Dude.. its called microphone! No need to shout the voice through the internet

Bank academic guy doesn't know how to use a mic!

Bitcorn bubble!

Edit: Single digits! MY FUCKING EARS!
1684  Economy / Speculation / Re: Obama expected to announce US-backed crypto currency in State of the Union? on: January 29, 2014, 07:40:12 AM
What would be the point of a centralised decentralised currency?

It might be fun to watch it fight itself?
1685  Economy / Speculation / Re: What would it take for you to sell your BTC on Mtgox? on: January 29, 2014, 07:30:41 AM
3. Confirmation of withdrawals from others.

That goes for 99% of everybody else, no matter what they actually say they would be doing.

I don't sell bitcoins.

Finally I'm in the 1%!
1686  Economy / Speculation / Re: What possible event on horizon will rocket bitcoin to the moon again? on: January 29, 2014, 07:27:55 AM
Zero fees + no gov regulation = hyper price manipulation

FTFY.
1687  Economy / Speculation / Re: Obama expected to announce US-backed crypto currency in State of the Union? on: January 29, 2014, 07:25:04 AM
I know what I have in myRA!
1688  Economy / Speculation / Re: 790 people own half the bitcoins on: January 29, 2014, 12:28:02 AM
checking bitcoinrichlist.com/top100 positions 80 (also maybe 79) to 98 have the same last transaction in on Dec 25, 2013 11:26:40 PM. Each address holds about 10,000 coins.

So somebody owns about 180,000 coins = $145,800,000

Someone is trolling the top addresses by sending .000666 coins to them.

It certainly does not mean that each of those addresses are controlled by the same individual.

LOL.
1689  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 28, 2014, 11:22:32 PM
Perhaps there is a checksum internal to the actual public address string that I was unaware of.

Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.
1690  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 28, 2014, 10:36:42 PM

you do know of course that being off by one character will not lose you your coins.


OK.  Prove it.  Send your stash to: '1CYPHERpEiaoYk94dZQ4WLhirkgPSUgnDj' and let us know when you (or anyone) get them back.

You can't. That address doesn't pass the checksum.
1691  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 28, 2014, 10:29:26 PM
The days of 25,000BTC thefts from unencrypted QT wallets are hopefully over (condolences to allinvain).

I was just thinking about him (thanks to the discussion here). That theft happened a short time after I got involved with Bitcoin and was one of the reasons I bothered to take a good look at my security practices. There was no Armory software at the time (or I hadn't heard of it yet) so I simply bought dedicated offline hardware for creating private keys (with the reference client). This was all done inside a TrueCrypt encrypted volume.

Of course, things have improved a lot since then and my methods have changed, but I would probably still be quite comfortable with that original method.

Edit: I still think it's fishy that the dude's name was "allinvain". I mean wtf.
1692  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 28, 2014, 10:23:42 PM
Any day now...

I've made my BTC holdings as secure as my PM holdings, but at the expense of making my BTC almost as difficult to use as my gold.

Obviously I see a lot of the advantages of Bitcoin in terms of mobility and it's a big part of the reason that I'm dinking with it.  I'm just saying that securing one's private key is not a trivial problem.  Those who think it is or treat it like it is may have the mis-fortune of no longer having the problem.  And again, this is borne out by a huge amount of evidence (which does not appear to me to be slowing down much yet.)

I can confidently say that my bitcoin holdings are far more secure than my precious metal holdings.
1693  Economy / Speculation / Re: Everyone is getting excited over the hearing, but remember what Warren said: on: January 28, 2014, 06:48:58 PM
Yesterday:

THE CHINESE HAVE BEGUN THE DUMP!


SELLL, DON'T WAIT FOR THE RECOVERY!!

HERE, TAKE MY HAND, I WILL PULL YOU OUT OF THAT POOL OF DENIAL! COMMON MY FRIEND, DON'T LET GO, WE CAN DO THIS, WE CAAAAAN DOOOO DISSSSSSSSS!!!!!!! HURR DAARRR VURRR!!!

Today:

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett

Everyone is being greedy now, they will buy high and continue to buy high, until the price drops.

Being in fiat right now = a blessing.

Yesterday you were telling us to be fearful when others were fearful.

Today you are telling us to be fearful when others are greedy.

You'll have to forgive me if I don't take investment advice from someone who is apparently suffering from schizophrenia.
1694  Bitcoin / Bitcoin Discussion / Re: Geraldine Juarez has set fire to Bitcoins before.. on: January 28, 2014, 05:14:58 PM
What is trying to do? Can someone expalin it?

She is obviously trying to increase the value of my bitcoins (albeit by a very, very small amount). I fully support her decision! Smiley
1695  Economy / Speculation / Re: If FBI dumps 144,000 bitcoins, bitcoin will crash once & for all! on: January 28, 2014, 06:15:35 AM
If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...

If the Moon crashes into Earth, Bitcoin will be to da moon

That's it! Wonderful!
1696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2014, 04:54:42 AM


wow

Old news...
1697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2014, 04:54:10 AM
just read some guy on reddit saying that it's going down to $200 

Yeah man, it's going to $200. You didn't know?
1698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2014, 04:53:07 AM
Are you suggesting that Gox is still responding to TA?

Always was and still is.

Wow. So you have TA for every exchange?
1699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 28, 2014, 04:50:45 AM
Why's there dumping on Mtgox? BTCE and Bitstamp are looking healthy....  Huh

Arbitrage, at least in my case. Bought on stamp, sold on gox.

Sure, but why now and not before when Willy was buying like crazy. I feel manipulated.  Undecided

At 1006 there was a sell signal with target of going down to 870.

Are you suggesting that Gox is still responding to TA?
1700  Economy / Speculation / Re: If FBI dumps 144,000 bitcoins, bitcoin will crash once & for all! on: January 28, 2014, 04:49:44 AM
If shit that will never happen happens, bitcoin will insert dogma here.

If the Moon crashes into the Earth, Bitcoin will... fuck... this is hard...
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