Completely legit beating of gold would be to take the global weighted average when all major exchanges are reporting/working. https://bitcoinaverage.comWtf? That says BTC-e has the most volume. why does this shock you? its the only exchange i will even use... true that! |
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200,000,000 new Devcoins are generated every month. Much more than BTC, LTC or any other altcoin. That's why the price is so low.
Wow! Whats the estimated max for devcoin? no cap. 180,000,000 per round (3-6 weeks based on hash rate -- last couple rounds have gone quicker so i suspect hash rate has risen). 50,000 coins per block, so yes, price will naturally be lower than coins with lower supply. the intent is longterm sustained funding of open source development, with a large scope in mind. what is unique about quark?  |
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Completely legit beating of gold would be to take the global weighted average when all major exchanges are reporting/working. https://bitcoinaverage.comWtf? That says BTC-e has the most volume. Huh, good point. I never paid much attention. Do you think BTC-E is Faux volume of trades or perhaps just crazy bot trade? I honestly don't know. MtGox is well known to be a clusterfuck of incompetence but I'd expect their business to go to Bitstamp, not BTC-e. Maybe it's bot-trade, the alt currencies have been going nuts. BTCE has decent volume when times are volatile, bots too |
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i'd buy. we're heading for wave 5, huge vertical movement. i'm thinking $2500-4000. and then...... craaaaaaaaaaash  That potential crash scares the shit out of me. I'd like to buy, but I feel the safer bet is to have money in hardware. I'll probably diversify and do a little of both. You'd be better off buying hardware, instead of misjudging on a gamble and losing a bunch. mining is a huge gamble too. and i find difficulty much harder to speculate on. |
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devcoins will stick around. they are merge mined, so it costs miners virtually nothing to mine it. it's been around since 2011 and is at difficulty 293,616,418 (bitcoin is at 707,408,283). they are 4x the price they were a few weeks ago. personally, i like the ideas behind it.
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satoshi is a big question mark -- lots of coins there
i imagine there is millions -- how many, hard to know -- aside from that. i lost a couple dozen coins from 2010 personally.
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This is The Great Crash!
I WAS RIGHT!!!
Yep, crashed right back up to 1230+ LOL Someone (or a few people) dumped over 1000 coins and we are almost back to where we started on GOX. That seems impressive to me. I don't know. I think in the past a dump like that would have caused more panic. Absolutely. I think the market is starting to grow up. I think it has serious implications for Bitcoin as a currency. The size of the market seems to be reducing volatility. If it's large enough to demonstrate a resistance to manipulation and crashes, that makes big holders less likely to dump. That further stabilizes the currency. At some point that positive feedback makes things stable enough that the general public feels good about sticking a couple toes in the water to try this thing out as a medium of exchange... and from there who knows where we go. Ummm, I'm not sure but it seems like 100s if not 1000s of businesses are signing up daily to accept bitcoin. I think more than a few are braving more than a few toes. are you sure about that? any sources? i didnt get that impression. |
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This is The Great Crash!
I WAS RIGHT!!!
Yep, crashed right back up to 1230+ LOL Someone (or a few people) dumped over 1000 coins and we are almost back to where we started on GOX. That seems impressive to me. I don't know. I think in the past a dump like that would have caused more panic. Absolutely. I think the market is starting to grow up. nope, just too much buy pressure at the current juncture imo. nothing to do with "growing up". |
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doesnt really say anything. the dollar is ubiquitously recognized, why would people be googling it? |
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By my understanding of the law. the "FBI" can not sell them until DPR is convicted, as if he is proved innocent, they may have to give them back (although i think this is VERY unlikely to happen).
no, legally they dont have to do a criminal forfeiture. they can file for forfeiture civilly without conviction. but that is unlikely to happen. Dont you just love the law  whatever happened to innocent UNTIL proven guilty......  hence the constant outcry from civil libertarians about asset forfeiture laws. they are unconstitutional and unethical. |
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Alright, zooming out Bitcoin has entered the stage of shorter periods of tops/and bottoms. The short time period between the april spike and the current ATH leads to this conclusion. This means two things: Even more frequent and higher spikes which differ by lower and lower magnitudes. Hardline Bitcoiners believe the price of Bitcoins will stabilize on some high plateau after that.
I rather think that we will see somewhat of an anti-bubble after that, that means increasingly longer periods with lower bottoms for over a year.
data set seems lacking |
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By my understanding of the law. the "FBI" can not sell them until DPR is convicted, as if he is proved innocent, they may have to give them back (although i think this is VERY unlikely to happen).
no, legally they dont have to do a criminal forfeiture. they can file for forfeiture civilly without conviction. but that is unlikely to happen. |
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EM for poster of the year
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Always using mtgox numbers?
the others follow gox mostly and also bttchina, no one seems to care what bitstamp does. and definitely no one cares about BTCE. |
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They can hold them, never release them. BTC has an actual limit in quantity. Having 144,000 of them is kind of like holding a hostage.
US Government does NOT like BTC remember.
maybe they don't, but they do like seizing money. the feds love FED bucks. |
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are you talking about running some kind of ponzi scheme? out with it.
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All of the options are for turbobears  . I'm a cruising bear wanna hear my side of the story? cruising bear? yes i do |
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400-500.... much lower on BTCE  |
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people are enamored with the idea of mining bitcoin. like they think it is creating money out of thin air. they will keep buying no matter how bad the margins.
not me....
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none of the alts are really threats to bitcoin. none of them are innovative. ripple is quite an innovation, but it is not currency, and likely complements bitcoin quite well.
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