123.04K BTC can be bought for 24.25M until price goes above $1219
Hang on, I'm sure I've got a spare $24,250,000 around here somewhere..... |
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bitcoinity is working fine here.
Not here though and I've tried two machines. I'm in the UK. I suppose it could be a problem with my ISP but everything else is working okay. MtGox isn't loading the buy and sell boxes on the trade tab properly and it's fairly unresponsive, although it does sort it out after a while. EDIT: It all seems okay again now Edit: For some reason my ISP is blocking Bitcoinity, the rest of the internet works and Bitcoinity is working for everyone else. Typical |
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Bitcoinity is down, and MtGox is behaving a bit strangely too. Maybe someone's ddossing them out of boredom
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When i look at this topic today:  +1 If only there was some buying and selling to speculate about.... |
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Just wanting to say in case of the $100 envelope which you can swap for a $200 or $50 one - statistically you should swap since the average amount would be $125. If they however contain $50 and $150 it becomes statistically irrelevant.
Envelopes full of cash? I'll have some if you're offering, lol. Maybe I should become an MP, there's plenty of brown envelopes stuffed full of money to be had that way. |
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Now, if it jumps up $100 or $200 in a day, your going to be there sitting in cash. Moral...
Don't try to time a Black Swan.
 And if it drops 100$ in a day? Even if you have a world changing invention, markets can remain blind to it for years. Worse: the invention could simply be discarded and forgotten. For example, the Greeks invented the steam engine, but we had to wait for thousands of years before any of its potential was really used. "Guys! Hold to it! It's world changing invention!" - A guy, 2000 years too soon. I really wish Bitcoin will go up, but you guys remember me too much of how I was in 2009. "How can it go down? It's the most important invention since fire!" The market didn't care. The more I see scareless permabulls like you, the more I fear for Bitcoin.  What if it drops $1000 in a day? - oh but wait, it can't!, and though I really do get what crumbcake was getting at invoking Pascal's Wager it is a fact only one side has a limit to its movement in a day. Again, in principle I see your parallel with inventions lying un-built and unused for millennia yet it takes some stretch of the imagination to put Bitcoin in this category. I see it as closer to the steam train having been built and refined and tested and is now pulling a long mixed consist of goods and savers and speculators. We may well have hit a bit of a hill that is a struggle for the engine at this stage of its development but there's a lot of momentum behind it and I doubt this will be its nemesis. But even if it did fail to make the crest of the hill (or the next) its unmaking is by now impossible. Whether it's Bitcoin or something else the cat is well and truly out of the bag. There'll be no languishing for millenia for the idea and technology of stateless decentralised money. And my last query is regarding fear of permabulls. OK, I get it was at least partially in jest but my question is how can someone who, based on a decent understanding of the concept and its implications, is as convinced as Its About Sharing is be a threat to Bitcoin? There's a hard core of believers in this technology who would ride the price down to one cent if that's what happened - providing the technology still does as it ought our net worth loss might smart but the hope in the idea would not be smothered. Holders like that are surely very healthy for Bitcoin. There is a danger that those looking for an excuse to believe Bitcoin is a get-rich-quick scheme will feed from such positive writings and we probably should be wary of their affect on the market as they alternate between buying without understanding what they're getting into and disillusioned selling when in disbelief they see price can go down too! But that's not the fault of the permabulls. For bitcoin to really go up it needs normal people to regularly see things offered for sale in BTC, such as when they're shopping on Amazon or their local supermarket website, or even in the supermarket itself. It also needs to be as easy to buy things with as normal money, or at least as easy as paying with a debit card. Bitcoin conferences may be a good thing but the existence of bitcoins isn't news to those who attend them, even now if you stop people in the street and ask what they know of bitcoins most will say they've never heard of them. If the average Joe had £20 worth of bitcoins that'd be a huge increase in the amount of fiat invested in BTC. |
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Who is this God chap anyway? Is he a bitcoin supernode?
More to the point, will we see an assault on $125 today?
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+1 Both educational and also entertaining too! |
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Somebody just dumped +BTC3k
So that's all that's needed to manipulate the market in most cases. . Let's see if the market will go along with it. . Manipulation! Manipulation everywhere! I love how selling or buying a large amount of coins is automatically manipulation. Maybe someone just wanted to buy a house, or 720 hookers. Buy hookers? I thought the whole idea was to rent them! If you buy them then they're called wives or girlfriends the term is concubines. I'd hate to know how badly 720 hookers, wives, girlfriends or concubines could nag you if they all started up at once. |
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Somebody just dumped +BTC3k
So that's all that's needed to manipulate the market in most cases. . Let's see if the market will go along with it. . Manipulation! Manipulation everywhere! I love how selling or buying a large amount of coins is automatically manipulation. Maybe someone just wanted to buy a house, or 720 hookers. Buy hookers? I thought the whole idea was to rent them! If you buy them then they're called wives or girlfriends |
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Then that isn't the problem. I measured the corresponding pins on the monitor when it was unplugged, I got about 80 ohms. Now I have tried running only a 4870 and also only the 4850 that worked before. Now they don't. Driver: 13-1 legacy. I'm beginning to think something in Windows is corrupted. For speed reasons, we deactivated windows update when we installed this machine, and then forgot about it. Now I have re-activated it to see if that does the trick. It will take some time, so I'll try it tomorrow. It's 10:50PM here in Sweden. Have you tried using one of the older full Catalyst Suite drivers that support the HD4xxx cards as opposed to the legacy drivers? (not available for Windows 8 ). The legacy driver set doesn't support hardware accelerated OpenGL support, (no Minecraft  ) so perhaps OpenCL is compromised or removed too. |
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You have the right to disagree, all I'm suggesting is that we get on with discussing the topic of this forum rather than bitching at each other, there might not be any arguing going on now but there has been over the last few days. However, I haven't noticed you doing this with anyone so please understand that I wasn't referring to you, nor am I going to point the finger at anyone else either.
The people who actually were arguing don't even seem to be here any more, which means there's no point us discussing it so let's move on...
Anyway, as I said, let's get back on topic here. Having said that things are moving so slowly that there isn't much to say anyway, it just seems to be mostly bots swapping satosis at the moment. Hopefully things will pick up a bit later, but it's the weekend so maybe not. Maybe by Monday the trader bots will have gone insane and made multimillionaires of us all, hey?
Of course I have the right to disagree, we all have that. What I am trying to say is that I prefer petty flame wars which happen when volumes are low, over the endless repetitive pointless posts (and images) when the price is moving. Speculation is about talking about something that might happen, not when it IS HAPPENING. Can we stop discussing this now please? It's all been said already |
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You have the right to disagree, all I'm suggesting is that we get on with discussing the topic of this forum rather than bitching at each other, there might not be any arguing going on now but there has been over the last few days. However, I haven't noticed you doing this with anyone so please understand that I wasn't referring to you, nor am I going to point the finger at anyone else either.
The people who actually were arguing don't even seem to be here any more, which means there's no point us discussing it so let's move on...
Anyway, as I said, let's get back on topic here. Having said that things are moving so slowly that there isn't much to say anyway, it just seems to be mostly bots swapping satosis at the moment. Hopefully things will pick up a bit later, but it's the weekend so maybe not. Maybe by Monday the trader bots will have gone insane and made multimillionaires of us all, hey?
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Often when trading is slow this thread descends into a petty flame war, it's very boring.
Hmm, I'm new here, but IMHO when trading is fast the price is moving fast and most of what happens is a mother load of redundant posts about the price change. I've been reading for a month before my registration date btw. I'm not saying that boring flame wars don't happen when trading is slow. What I am saying is that when trading is slow I find the ratio of interesting information to noise in this speculation thread is much easier consume than when trading is fast. So I dispute your proposition that slow trading results in a boring thread. Unless I have misunderstood that the point is excitement rather than speculation. I'm not saying that the thread itself is boring, just that pointless flame wars can be. (I admit that sometimes they are amusing). I'm here to try to gain some insight into trading better as opposed to an insight into how some people don't like other people, that I couldn't care less about. Different people have different views, which is to be expected but let's keep it (reasonably) polite, hey? What I do like is reading other people's analysis of the BTC situation, that's what I'm here for. I try to take in what everyone is saying and then draw my own conclusions about it, rather than following what's written in a sheeplike way. If someone says that the price is crashing and I sell out, but it goes up then that's not their fault as they were just giving their opinion - it's my fault as it would be my own decision to have sold at that point. There always seems to be people saying opposite things, with the unpredictability of BTC that's to be expected but all views and charts are welcome information so far as I'm concerned. |
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This entire line of conversation is a stark reminder that it does not matter what currency dominates the world. At the end of the day, rich people still will look down on poor people so nothing will ever change in that capacity. Rich people will be dorkier than they are today, but just as hateful and oppressive as rich people have ever been. Really sad and depressing way to start the morning. +1 Their manipulation of the BTC market is annoying too. That is on topic, after all isn't this the wall movement tracker thread? It's their walls that are messing everything up. If more money does come into BTC then even they won't be able to afford to do that any more, which will let BTC reflect its true value and can only be a good thing. That is of course until the scumbag banks join in with even bigger walls of course. There's truth to that but a bank is amoral. It's just a building. It's the people that make it "evil". We're just trading one group of greed, oppressive bastards for another. Heck, a few pages back or so there was talk of starting their own bank in some other country. See, Bitcoin is not about hating the banks, its about not being in control. They want to take control from the current rich and powerful, so they can be the ones in control and be the same greedy bastards we have now. You know what...I'm going to the beach to hang out with the lowly poor people. As I refer to me, them, most of us...the mainstream. Not about to wreck my day over a stupid thread. Thanks for the +1 brother. +1 from me too. I don´t know how to think about you. A few pages back you made panic and talked some "bear"shit and now such a good statement. For "panic sell" spamming please start your own thread. I´m glad not to ignore you or anybody else, but stop spamming "bear"shit and talk like that post above more often. Thanks Often when trading is slow this thread descends into a petty flame war, it's very boring. |
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This entire line of conversation is a stark reminder that it does not matter what currency dominates the world. At the end of the day, rich people still will look down on poor people so nothing will ever change in that capacity. Rich people will be dorkier than they are today, but just as hateful and oppressive as rich people have ever been. Really sad and depressing way to start the morning. +1 Their manipulation of the BTC market is annoying too. That is on topic, after all isn't this the wall movement tracker thread? It's their walls that are messing everything up. If more money does come into BTC then even they won't be able to afford to do that any more, which will let BTC reflect its true value and can only be a good thing. That is of course until the scumbag banks join in with even bigger walls of course. There's truth to that but a bank is amoral. It's just a building. It's the people that make it "evil". We're just trading one group of greed, oppressive bastards for another. Heck, a few pages back or so there was talk of starting their own bank in some other country. See, Bitcoin is not about hating the banks, its about not being in control. They want to take control from the current rich and powerful, so they can be the ones in control and be the same greedy bastards we have now. You know what...I'm going to the beach to hang out with the lowly poor people. As I refer to me, them, most of us...the mainstream. Not about to wreck my day over a stupid thread. Thanks for the +1 brother. No problem. Anyway, it's the weekend and there's not much happening here, so that's a good idea, enjoy yourself! Anyway, to remain on topic it seems to have consolidated at around $123 - $124 for now, I'll keep an eye in it myself though in case something exciting does happen (partly because it's going to rain here, the beach is miles away and the clutch has gone on my car so there's nothing else to do anyway). Maybe the bulls will go crazy later, make the price rocket and buy me a new car - you never know, hey? Have fun on the beach! If the prices get any more boring and stable today then I'm going to have to wash the dishes for excitement. |
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This entire line of conversation is a stark reminder that it does not matter what currency dominates the world. At the end of the day, rich people still will look down on poor people so nothing will ever change in that capacity. Rich people will be dorkier than they are today, but just as hateful and oppressive as rich people have ever been. Really sad and depressing way to start the morning. +1 Their manipulation of the BTC market is annoying too. That is on topic, after all isn't this the wall movement tracker thread? It's their walls that are messing everything up. If more money does come into BTC then even they won't be able to afford to do that any more, which will let BTC reflect its true value and can only be a good thing. That is of course until the scumbag banks join in with even bigger walls of course. |
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Come on bulls, you only have to spend $25,000,000 to get it to $1100 per BTC!
Maybe I should do it, hang on whilst I see how much change is down the back of my sofa....
Damn, only £2.70 down there, not enough. At least I buy get a beer or two now though
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Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction. The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD. ... ...  Don't forget that there's a lot more money on this planet than just US dollars alone |
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