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8601  Economy / Speculation / Re: Maybe I am the last bull... on: July 03, 2013, 03:38:05 AM
If I believed bitcoin was the future, I'd buy it and hold it.. but I dont. And most people are like me, and thats why the price goes up and down.
Most people don't buy and hold?

I thought there were far more bitcoins being hoarded than circulated.
8602  Economy / Speculation / Re: Jarosław school of economy - price prediction club [PPC] on: July 02, 2013, 06:59:35 PM
but my school is another one and diffrent
8603  Economy / Speculation / Re: MTGOX is drowning, we are gonna see bottom soon on: July 02, 2013, 06:31:52 PM
People really need to start ignoring narrow jaw.
I considered it but I find this buffoon's ridiculous trolling humorous.

In a forum where many people can be serious, he provides comic relief.
8604  Economy / Speculation / Re: It's crunch time Bulls. on: July 01, 2013, 09:13:33 PM
I'm panic holding. 
Me too. Probably will for a few more years.

At this point it's lots of fun just panic observing.
8605  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 01, 2013, 08:41:45 PM
I missed the excitement a couple of hours ago because I was watching the baseball game, but it makes me think about the similarities between this forum and many baseball forums. The self-styled "knowledgeable baseball people" all look down their noses at "casual bandwagon fans" and go out of their way to show everybody that they're not "homers". The self-styled "real fans" are appalled that anyone could have the audacity to diss their beloved home team on their own board, even when they've just played a horrible game.

Human nature I suppose.
8606  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: July 01, 2013, 08:14:49 PM
I'm talking about people being happy and pushing for it. Like Blitz for example - moderator on main bitcoin forum, just look at his posts since he sold. He was nowhere to be seen here but last few days can't stop posting same stuff.. If crash is something that is supposed to happen, I really don't think long time Bitcoin backers should publicly be happy about it, it's an awful thing to read by some noob who's considering going into cryptocurrency.

Kinda lame but I guess that's how it is..
Obviously anyone wanting the price of bitcoins to fall is a speculator and not a Bitcoin person.

In fact from what I've seen, both sides tend to look down at each other. Bitcoiners look down on speculators as moron gamblers, while speculators look down on Bitcoiners as cultists.

This being the speculation folder in a Bitcoin forum, there's an inherent conflict of interest present.

Don't worry. Once the speculators have re-bought, they'll be more pro-Bitcoin than the most rabid Libertarian or crypto-geek.

In the meanwhile, every day more businesses start accepting bitcoins and Bitcoin-related startups get closer to opening for business. When was the last time any merchant announced that they were discontinuing accepting bitcoins?
8607  Economy / Speculation / Re: BTC excitement is over, value going down. on: July 01, 2013, 07:48:43 PM
We had our chance when the media helped people to discover BTC earlier this year, but now the excitement is over, common sense coming back, and value going down. Post about how high it will go is useless, since the value is going down not up. So the real question is how low will the value go? And how soon? Probably a long gradual decline until someone dumped their big stash on the market to make it flash drop value further reducing confidence. GG
LOL
8608  Economy / Speculation / Re: Bitcoin will reach $10,000 on: June 30, 2013, 09:21:07 PM
If USD was to go away tomorrow how would you know how much a Bitcoin is worth?
Euros, Yuan, gold, rubles?

I think the OP was referring to an increase in Bitcoin's value, not the dollar's collapse, although both are probably inevitable to some degree.
8609  Economy / Speculation / Re: Bitcoin will reach $10,000 on: June 30, 2013, 09:10:37 PM
I bet the stories of how I gave away 1 BTC casacius coins to friends will seem completely unbelievable.

Kinda like 10,000BTC pizzas?
8610  Economy / Speculation / Re: What is really going to happen with regulation... on: June 30, 2013, 05:23:30 PM

A coffee is worth 20 cents. Bitcoin is not really designed to handle such small transaction.


20 cents =  approximately 200,000 satoshis at the moment. I thought micropayments were one of Bitcoin's strengths.
________

Coffee worth 20 cents? Where do you live? Here in Toronto it's hard to find a coffee for under a buck.  Smiley
8611  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 29, 2013, 03:57:40 PM

Democrats & Republicans (Communist too)  are 2 sides of the same coin - collectivists, (the average is more important than the individual)
Libertarians - individualism, (individuals free from coercion will best serve the whole) the US is founded on the principles of individual freedoms and it provided to serve the whole better than other forms of collectivism up until its demise between the 2 world wars.

That clarifies it a little. I've always felt that collectivists were the problem, whether they were corporations, unions, motorcycle gangs, or governments.

Here in Canada there is a strong tradition of individual rights. Most people considered Pierre Trudeau to be a socialist, but when he created the Canadian Constitution and Charter of Rights, he stated that collective rights should never have precedence over individual rights. I guess that made him a bit of a Libertarian.
8612  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 29, 2013, 03:18:34 PM
The Libertarian nut jobs on this forum drove me so crazy at one point I said fuck this place.... The hardcore Porcfest Libertarians in TBF like Voorhees are going to end up Republicans if they keep making truckloads of money and going mainstream. It's a great treat to watch them slowly sell out their principals to be wealthy. I actually expect to see him on a platform next to a republican presidential candidate someday screaming "no new taxes". lol

Huh

I thought the whole idea of Libertarianism was less taxation (and hence government). Aren't they the opposite of socialists, closer idealogically to Republicans than Democrats in the American political scale?

8613  Economy / Speculation / Re: We are going down HARD [TA] on: June 29, 2013, 10:30:09 AM
i can sell this ammount but dont see the point when i cant withdraw my money

LOL
8614  Economy / Speculation / Re: $95 bitcoins tomorrow? on: June 28, 2013, 06:54:59 PM
over weekend i may do some panic on markets Smiley
lol
8615  Other / Off-topic / Re: Do you have an External hard drive? on: June 28, 2013, 03:03:04 PM
Yes, several dozen terabytes, about half as backup.

I do not have internal HDDs in any of my systems, just SSDs. and my main desktop PCs/workstations boot from PCIe SSDs for better performance.

USB3.0 really made larger external HDDs practical. Not a lot of machines have multiple eSATA ports and USB2  is just too slow. It used to take days to copy a multi-terabyte HDD through USB2. With USB3 it takes hours.
8616  Economy / Speculation / Re: Good time to buy BTC? on: June 25, 2013, 04:34:11 PM
http://www.asianewsnet.net/China-to-top-Japan-in-millionaire-stakes-47445.html
8617  Bitcoin / Bitcoin Discussion / Re: Bring the price of Bitcions up with Publicity - Bumper Stickers? on: June 25, 2013, 02:08:59 PM
I live downtown, so I don't drive.

I'll wear the t-shirt on stage though. That's gotta count for something.

I also like to use the word "satoshi" in reference to a small amount of money. People ask "what's a satoshi?" and then get educated, but that's just one at a time plus eavesdroppers.
8618  Economy / Speculation / Re: Medium-term Price Target: BTC/USD on: June 25, 2013, 12:35:28 PM
Slightly up ($120-$160) as more of the start-ups following May's conference become operational.

Demand should come from both the businesses themselves and from their customers.
8619  Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California on: June 23, 2013, 11:17:32 PM
The Bitcoin Foundation needs to move elsewhere.

☐ California
☑ Texas

New Hampshire, actually.


Anywhere outside the USA would probably be a good start.
8620  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 23, 2013, 04:23:56 PM
here we go again

must be sunday
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