This has pretty much been my feeling, too. I don't think there is much adoption or real support backing this rally -- just wild speculation in the Chinese market. When the bottom falls out there, it'll fall out here too, I think. Who the hell knows what's going on over there, though?
Indeed, and what is so fun is that that could happen a week from now... or it might take more than five years.  We just don't know, and we are mostly in the dark. My personal opinion is that bitcoin is not particularly overpriced or bubblish right now, but if it suddenly decides to quintuple or more on little real news... btcchina chart looks parabolic to me..... it's bubble time!  |
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Someone made a bot which buys or sells on certain buzzwords in the BTC-E Trollbox ^^
As far as I know it lost money (was only a small amount for fun though)
Well, if it can do that reliably, they only need to flip the buy and sell commands . i used the trollbox bot and lost 0.5 btc so yeah, flip it and it will work  |
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so if the price keeps rising, how would we ever use it as a real currency to buy stuff?
i'm pretty sure everybody who has them has them for buy and hold or making profit, not for purchasing goods - I certainly don't because in two months the price might have doubled, and I would curse myself for giving them away "back then" instead of using real currency.
Why buy a laptop? Because if you wait a year it would be a lot more powerful, touchscreen, better camera etc for cheaper. There comes a time when people need to buy stuff almost regardless of future price performance. And of course some people are always thinking we are near the top. And also the price isn't going to keep rising like this forever. It'll flatten out eventually and at that time exchange of BTC we become more common. assuming 100% of my real-life assets aren't in bitcoin, i would just use USD and hold my bitcoin.... |
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hardly anyone in the world uses bitcoin..... why would prisoners?
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Wish to see some scene related to brainwallet action can't wait to see him recite his brainwallet pass phrase and then, voila! bitcoins moved. shit is gonna be such a fantastic movie!  |
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bad brains - attitude  |
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can anyone comment on the returns they are seeing from this? worth buying into? thanks.
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and is a dangerous place to entrust one's funds to. The lesson that current events have been trying to teach us since 2008 is that entrusting funds is a dangerous activity, one the cryptocurrencies should make obsolete. maybe eventually, but as it stands, everyone pours their money into centralized entities simply to purchase crypto...... |
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i sold all my trc at .0006 --- massive loss, fml, i got so screwed with altcoins
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man, ltc dipped under .01 today..... at some point it should follow BTC up in value! right? apparently not!  |
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I've thought about it, but I don't think thymos would be too keen about a bot that reads every post.
why not? isn't that what google does? |
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so if the price keeps rising, how would we ever use it as a real currency to buy stuff?
i'm pretty sure everybody who has them has them for buy and hold or making profit, not for purchasing goods - I certainly don't because in two months the price might have doubled, and I would curse myself for giving them away "back then" instead of using real currency.
Your question is hard to understand.. why would the price rising affect its usefulness for purchasing goods? he's saying he doesn't want to use it as currency since it is such a volatile investment vehicle (commodity) |
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Influx of trolls talking the price down: bullish
lol, this is what I was thinking. funny, i thought the opposite. many perma bulls reassuring each other of 1000000n % gains and all around bull party = top coming soon..... |
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$500-1200.  |
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seems we'll just keep climbing until the Chinese have decided they've had enough? then crash time? |
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username-- CEG5952
here for the daily. thanks.
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done and PMed thanks |
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left libertarian here. |
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i think the individual mandate is ridiculous and frankly i don't know how it will work when they start dishing out fines. it's not gonna be pretty.
The business model is severely flawed. We all know it's not going to work, the question is what happens as this becomes a topic of political conversation. After creating the problem through their idiocy, the liberals will seek to "solve it" by arguing that the problem is that we don't have single payer. They'll argue it's the "dirty capitalist insurance companies" and the "filthy rich" that are the problem. They'll argue yet again with another pack of lies for more of yesterday's tired, worn out socialist agendas. The pages from about 10-18 in this document will show you exactly what your penalty will be for not following the rules. For me, the penalty is less than the latest INCREASE in my insurance plan.... http://www.fas.org/sgp/crs/misc/R41331.pdfwould single payer be better or worse than this shit? i actually don't know. |
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i don't know about "capital controls", still doesn't add up to that for me. we'll see if more stuff like this starts happening, though...
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