LOL, this is like the 100th time i've seen this. "capital controls" is a bit ridiculous... more like banks eeking yet more fees out of everyone
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Thursday is a magnet for crashes.
weird. can you give me an example?
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Good morning. I am surprised to see so many replies overnight.
Before answering please take a look at the new price now, Chinese trader's price is close to price of MtGox, very unusual (China used to be big export country so the price of bitcoins was often the cheapest of all global markets).
People always see what they wish to see. I also read Chinese bitcoin forums, and there is a recent poster, awaring baidu cannot stir up such a rally by the event itself, attribute the rally to that "also in the U.S. after silkroad traders feel positive because bitcoin is purged from crime". Today's price is rising as usual, please mind that it is definitely not solid, Chinese traders are not confident - you have to decide for your own if there will be a huge bull market (as confidence gets confirmed and grow) or an early rush sell. I myself betted the former and am exposed to the risk of latter, because it is too risky to be prudent: the confidence may get past to the west and change the mood globally. I think the west is starting to think that the Chinese speculators have gone totally mad now. Bitstamp and Gox want to take a little rest and consolidate and retrace a bit to test and build support, but the Chinese bulls are just relentless and keep on going almost without pause. It's a lot of fun to see all the enthusiasm there, but we're getting into dangerous territory now by going up this fast. One small thing can trigger a huge correction and since there has almost been no time to build any meaningful support the fall will be quite deep. We've been through this before, so people here are still wary of this. I think this is why Gox and Bitstamp have now become more hesitant to follow China, before it was all fun and good but now things start to become a little scary even for them. Please tell the Chinese speculators to take it a little easy on the greed or they might be shooting themselves in the foot later. hehe, yeah, China is CRAZY. making this bubble happen way too fast. i hardly slept last night, probably no sleep tonight..... watching for them dumps.
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Sexcoin will live on, because, well, sex sells. <_<
I can't argue with that. yeah but i can pay for porn, prositutes, sex clubs etc. with dollars. Except you can be tracked with dollars. Nothing worse than buying a sex toy and then the FBI busts you thinking it's an IED. not with cash
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Gentleman, fasten your seat belts. We are crossing $200 tonight!
did not expect to think this this morning, but you may be right
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Remember the bubble earlier this year, it was an all out war of bears vs bulls, with many people calling a bubble. This time we are hitting $200 and there isn't much debate. Thoughts?
i've seen lots of bubble talk (from bears). don't know where you are looking. crosses my mind all day as well..... It's not even a bubble yet, too early. At least wait for it to go parabolic
it did.
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Asks are pretty thin above there too
yep and buy pressure is just relentless...... China is setting this rocket off..... fortunately for westerners, there is obviously a lag between movement on Chinese exchanges and Gox/Stamp
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WOW..... 1200 just fell like knife through butter, literally in like one minute...... 1207 now
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only 865 btc to break 1200 cny!
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1140!
looks like 1150 is about to fall...... You do realize you're saying... a whole 300 bitcoins LOOKs like it might be bought? lmao 1150 was more than 300 coins at one point, to be sure..... and yes.... it looked like it was about to break, and then it did. hilarious.
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I'd like to say litecoin but current situation can't allow me to say that. Well, let's hope.
i think this rally will lose steam eventually, even soon, and then LTC will recover, IMO.
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Litecoin took some hits lately like the shutdown of the only LTC stock exchange Litecoinglobal and Atlantis. There is innovation and development going on. For eg just yesterday a new LTC stock exchange launched and another interesting one is to be launched in the near future. https://www.litecoininvest.com & https://forum.litecoin.net/index.php/topic,4582.msg50201.html#msg50201 CipherTrade.com MtGox will list LTC eventually. Some say will happen this November according to answers received from Gox. by the time gox lists LTC, i fear that so much time will have passed that gox will not even matter that much to the btc economy. It's still a top exchange on par with Bitstamp. What I don't get is why doesn't Bitstamp list LTC and went for that ripple centralized crap. Rpple bribes exchanges with free currency so maybe that's why. i imagine it takes time to build the infrastructure / trade engine to be able to trade against other currencies. i'm sure it can't be done overnight. it looked like Gox was going to support LTC and others....Bitstamp went with Ripple. i'm sure Bitstamp has made a killing of Ripple, permanently ripping off newbs who buy XRP through the Bitstamp client.
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Litecoin kicks puppies and steals candy from little kids. I heard it once pushed down an old man for no reason. It was just in a bad mood or something.
On the other hand, Bitcoin works hard, gets good grades, and always eats its vegetables.
this has always been my position and i don't understand how some of you can go around supporting such a troublemaker!
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1140!
looks like 1150 is about to fall......
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so i haven't really looked into this. i am a contractor and dont have insurance currently. if i continue this way, does that mean i will be fined some amount? if so, how much will i be fined?
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maybe they will focus in on the murder-for-hire thing.... that could make for a story.
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i am a Right Authoritarian! muahahahah -- i will buy an island and become dictator as soon as my bitcoins are worth enough!
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hardly anyone in the world uses bitcoin..... why would prisoners?
for all of the reasons mentioned in the OP... prisoners have WAY more incentive to want to use btc than average joe, so we should expect to see them adopting before random people. so saying other people dont use them why would prisoners is a little silly. i think you vastly overestimate prisoners' privileges and access to things that would facilitate the use of bitcoin..... plus, as it stands, i'm not sure bitcoin is necessary to move anything on the inside OR the outside.
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i'd be very curious to know how subject selection was done here....
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bitcoin IS a religion, but satoshi is NOT my god, he is my PROPHET (you know, like Jesus)
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