Hi all, On the 7th of Dec, I'll have some paypal money I'd like to buy coins with. We can wait until the day to determine exchange rate, but I'd like to secure someone to sell me the coins. Any takers? I'm very trustworthy - happy to send any personal details needed and obviously I freakin' live on this forum so hopefully I have some repore  PM please or skype: evoorhees -Erik EDIT: This deal was done, no longer needed. Thanks! |
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Ok. Ouch. Those comments sting. I'm being serious. I'm going to think about what you guys have said and offer a sincere response. At least this much is clear right now, I want to tone it down. I've allowed myself to go overboard. So, before I say anything else, let me say this: Sorry. Whatever direction I think this project is going to go, I'm sorry for being so glib, flippant, and aggressively negative. A lot of people with honorable intentions have put a lot of work into bitcoin, and whatever I think is or is not going to happen, I need to reign myself in from being so disrespectful. Thanks for the wake up call. I'll post more later.
Wow that was an extremely mature and eloquent response. It's okay Proudhon, I just think maybe you've drank from the Chalice of Eternal Pessimism and Woe. It happens. The effects will subside =) I really appreciate your candor. |
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It's credibility shattered, it's value in perpetual free fall - until the project will be tossed aside into the waste basket of novel internet experiments. Bitcoin will be lucky to make it as a footnote in internet history and if it does make it it'll be a case study on human greed.
Credibility shattered? Perpetual free fall? Case study on human greed? This thread is about Bitcoin, not USD. Please keep it on topic. In all seriousness, Proudhon, just because you've tossed the project into your own waste basket due to a price decline (though STILL up over 100% YoY), doesn't mean others have. We're not all as short-sighted. We don't all have time horizons of half a year. You call it a "case study in human greed"... but you're the one who abandoned it because of a declining price. Others of us continue to build. It's more like a case study in perseverance and dedication - working on a project despite short-term price fluctuations, despite media cynicism, and despite convention. Bitcoin is so much more than its spot price in a given month. Sorry that your understanding of it was so easily shaken - it must be somewhat depressing to be so fickle in one's endeavors. But cheer up mate, we'll keep working while you sulk and fuss about. |
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I am tired of all the bull posts lately, with the rise to $3.00, everybody on here thought bitcoin was going to the moon.
Not a true statement. "Everyone" did not think something. Hyperbole. Nobody here understands basic fundamentals.
More hyperbole. The market for buyers of bitcoins are so tiny.
Doesn't make sense. By definition, if the price is staying in a range, then buyers and sellers are roughly matched in size. Most people interested in bitcoins are miners, and miners don't friggn buy, they mine.
Anecdotally, I just counted every person I know who's into bitcoins... 12 people, 1 of them mines. Do you have stats to back up your claim? The few buyers who will now actually pay over $2 bucks now, is so small to not even cover probably 1/10th of the 7000 new bitcoins coming into the market everyday.
More than 700 bitcoins are bought everyday at the current $2.95 price level. Soo... your statement is false. Look man, you are clearly certain that the current price is inflated. So take out a massive leveraged short position, and go buy a Mercedes when you're proven correct. "Appeals to the Manipulator" make you sound like a rain dancer who's trying to convince everyone that the rain is coming, for it's just over the horizon! |
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The second round of Dead.Gaming's CryptoCrush tournament is happening live. Player numbers have doubled from the first round two weeks ago. All prizes paid in Bitcoin. Five of the top 50 players in Europe are in attendence, and over 700 have watched the live feed thus far. http://www.twitch.tv/deadgaming Live stream http://challonge.com/sc2btc_212006 Live Ladder Run on the SC2BTC.com tournament platform and sponsored by Crypto X Change |
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It has been concluded that such rules are not applicable as TradeHill's business does not appear to involve financial products or services (as defined in the Act).
That's.... kinda important news right there. The precedent has been set! |
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.. or small transfers from some really large wallets but the 'change' amount is included in the chart??
The "change" is not included in that chart. Blockchain.info has one chart WITH the change, and then also they have the one I posted without. |
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Is that a serious ad? If so, I will never buy their jeans. LOL Not that I'm a fan of Glen Beck, but I watched a short blurb of him publicly boycotting Levi's over the socialist message behind one of their advertisements. Beck gets +1 if he did that. He also did an entire 1-hour show on Hayek's Road to Serfdom, which gives him +1000 points, and makes up for a lot of his transgressions and tomfoolery. |
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People moving their bitcoins into password protected wallets maybe?
Ohh good idea... but I think the jump started before the release of 0.5 (came out on nov 21). Also, you'd expect the highest peak to be right at the release of .5, and also you'd would expect to see a similar jump when .4 came out, because it had new encryption. |
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Yeah, but I don't know what it means. I prefer the chart of transaction *count*: http://blockchain.info/charts/n-transactionsIt strikes me as a more useful indicator of whether bitcoin interest/activity is rising or falling. My chart: shows aggregate sum of transactions in Bitcoins Your chart: shows quantity of transactions I think my chart is a better indicator, but yours is important too =) Both together give a clearer picture of the economy than either of them alone. |
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That lil advert of theirs reads eerily similar to one I have seen some place before? Some brand of jeans or something if I recall..... Anyone else think this sounds familiar?
I think this is closer:  Is that a serious ad? If so, I will never buy their jeans. LOL |
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 Is any statement more appropriate to Bitcoin? On a more cynical note... if any of you have trouble getting your apps into the App Store, send them this quote  |
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can bitcoins somehow end up being lost in all this ?
tweet gets somewhere unwanted,
or receiver does't know what it is,
or just forgets about it, discards it, never collects and so on ?
Ehhh perhaps you aren't understanding the way it works =) The Bitcoins are deposited by someone who creates the campaign. When users retweet the campaign, they're paid from those bitcoins based on the bitcoin address or email they've entered. If it's not a valid BTC address, the coins aren't sent. If it's the wrong email, coins will sit in BTCinch's system until they're claimed. If a user sends btc to a new address or email and never does anything with them, then I suppose those coins are gone forever. But that doesn't hurt anyone except the person who forgot about them - all other coins become more scarce and thus more valuable in proportion. |
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Erik,
You forgot to mention that you could have done all of this anonymously!
That way, if Newt is elected president, he won't know who to toss in jail for starting all those tweets.
Hehehehe yes anonymous for all the tweeters, but Newt will come after me as the site owner for sure |
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Now we apply the same method to "Erik is a convicted felon". Are we trusting that people won't retweet things unless they believe in them, even when they're getting money for it?
This is exactly the way mass media works today. They keep parroting the same lies because they know people will pay them (or their advertisers) to hear these things. And perhaps that's why mass media is dying as an industry... moving to decentralized web media. People get sick of lies, and competition applies to mass media just as with everyone else. You can fool some people most of the time, or fool most people some of the time, but it's hard to fool all people all of the time =) |
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It really bugs me that there are a few people out there with that much control over the price.
Pretty much defies the purpose of a decentralized currency, well actually not that but the tendency for it not to change...
Nobody controls the price. Even someone with a huge position can only effect the price in large short-term moves, and then his power is gone. The idea that large holders carry some "untoward" influence on the medium or long term Bitcoin price is a fallacy. |
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This is a very exciting new thing!
Erik: It'd be nice to somehow be able to see how many beeks have already been fed for a specific campaign.
Agreed, for normal ads it doesn't really matter, but for charity drives or PR campaigns it is relevant. Will add that! So far the campaign has been tweeted to 12,207 people, with funds remaining for another 54,000. A few more bitcoins donated and we'll reach the 100,000  |
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