I mean it, it's not like much of what they do is high tech, realistically all we'd need is access to a youtube channel, some handheld cameras and with the contacts the presenters themselves have they could get the cars they need and so on, the only constraints would be budget and location but I'm sure that could be worked around. For those who don't know, Clarkson apparently got sacked just this week and I know what he did was a shitty thing ( If it's even true, the first people who posted it up were the tabloids for fucks sake ) but I think the BBC have to be collosal morons to let that sort of thing get so completely out of hand in the first place.
I'm not necessarily making this thread to debate what happened, not that I mind of course, but my main question is, we're here, we have cryptocurrencies, a source of funding the state can't turn off, we have the internet which can't be censored and that means they'll be able to broadcast whatever the hell they want, so why not see if we can contact one of them and maybe set it up? Before the private companies snatch them up and try to turn them all into Peugeot salesmen.
Naturally, I'm an Anarchist and my stake in this is I want to see them fuck with state propaganda rather than watch them fade into obscurity on some random breakfast show, plus I've always found Top Gear to be a lot of fun, the political class who hate Clarkson are already cheering over his apparent demise and that particularly grates at me, especially when I see the kind of people they're talking about replacing him with.
Channel 5 will be contacting them as soon as they confirm that the BBC series is done, and they will do the same show there instead. I think it has had it's best days already, and maybe it is time for them to go out while it is still worth watching, it has become more and more challenge oriented and they are very formulaic. Clarkson probably deserved to be sacked and it's a good time for him to out while he is still generally popular too. It's worked out great for him! |
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It seems that even before Mt. Gox collapsed with 850,000 BTC missing, it had a very negative reputation in the community. Other than the fact that they were one of the first exchanges, how was Mt. Gox able to gain such a large market share with such a bad reputation, history of hacks, glitches, lack of support, withdrawal delays, and poor security practices? What exactly did it offer that other exchanges at the time such as BTC-e and Bitstamp didn't (or couldn't)? And if it was so incompetent even before its collapse, why didn't another exchange step up and drive Mt. Gox out of the market? (You know, the way free markets are supposed to work.) For example, see this thread posted in April 2013 where someone asks why Mt. Gox is so hated (and this was posted when Mt. Gox still had 70% of the BTC exchange market!). Another thread titled "Why you shouldnt use mtgox ever again" posted in March 7, 2013: http://bitcointalk.org/index.php?topic=149935Relevant quote: The above reasons are just a few probelms i know off hand, mtgox is the leader in btc exchanges execpt they dont act like it and rarely fix anything. There support honestly sucks, dont know the last time it was even possible to get someone on live chat. I personally used mtgox for many months but as bitcoin grows and gets more users mtgox is just begging for more and more problems.I do understand it takes time to fix some problems but its been months some problems even a year and still nothing has changed. Mtgox just sits and thinks they are the leader in the market and noone else has a chance. I recommened you remove all your coins from mtgox prior to the coinlab transition and use other exchanges, btc-e is okay, bitcoin-24 is another decent option, bitfloor and bitstamp are both quite nice. as more and more users make the switch the price will become better and better and maybe mtgox will relalize they need to step there game up if they want real users.
Video from June 2013 warning users to remove their bitcoins from Mt. Gox: http://www.youtube.com/watch?v=F4Gcn9xdcOYAnyone care to explain why this is so? Do market principles no longer apply if you happen to be one of the earliest players in your industry? I used them in 2013 because they were the only Bitcoin exchange I knew of, all bitcoin prices were given from Gox and it was the biggest (and thus in my mind) the best exchange out there. It was kind of a one time deal for me though, buying at higher prices than everywhere else and not being able to withdraw funds kind of killed it for me. I think those in the know knew that Gox was dying, but it actually took a long time to actually die. I think it is probably like Greece's economy now or Leyman brothers in 2007, they are in a bad way, but you kind of think they could somehow get out of it, until the poop hits the fan and it is over. |
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If they are inactive it is a bad deal since you will be stuck with it. It's really meant for you to get with other person and find a resolution.
But if they randomly gave you one not much you can do. The only thing I see is it looks like two of them are because you left them negative trust. Sadly right or wrong if you leave a negative there is a decent chance other person will do same to you.
But since not in default trust you don't show up bad is the good thing.
I got an untrusted negative trust from some scammer when I called him out that he has made a bitcointalk account using the name of a trusted localbitcoins user. I was told at the time by tomatocage that it doesn't matter, as long as they are untrusted no one will see it and no one will care. That seems to be true too, though I don't trade very often so maybe for someone who does it would. Shouldn't this be in Meta? |
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He's the only politician I've ever heard consistently speak the truth about the mess we're in, revealing how we got into this mess, as well as clear, sensible solutions to get us out of it.
Yes and no. He is obviously right with what he says, the economy is completely F'd and the dollar will fail, and the price of gold will rise, I agree, but at the moment none of those things have actually happened, even if they seem imminent. I think future historians will look back and see that he was right, and wonder why no one listened. The problem is that in the here and the now, it doesn't really help anyone to listen to him (or read zerohedge btw) otherwise you would be sat in your bunker filled with guns, ammo and canned food waiting for everything to go tits up, which is hasn't and it might be a long time until it does. |
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I don't really put a lot of faith into technical analysis, I always think it is used after something has happened to explain why it happened in retrospect.
I have to say though breaking through the support levels isn't great news, but it could just as well mean that it is oversold and due to rise..
I don't day trade anyway, so as long as the line continues upwards in the long run I will be happy. What would be your prediction for a low price if your technical analysis is right? Looks like about 1200yuan, so $193 or so?
By looking at the bid sum I doubt the recent $150 bottom will hold, so my guess would be high double digits like $75-$85, something like that. Yes thanks I posted there  So completely off all of your charts? That doesn't really seem like technical analysis, rather opinion... Looking at last time the price broke down through the resistance levels, it fell to an equivilent of about $190. If we reach that level (i don't think we will) I will be buying in strongly. It's not off the charts. If the next crash has a similar magnitude than the other ones it means it will end up at high double digits like $75-$85. RyNinDaCleM recently posted a chart that shows this:  The market is so weak it didn't even bulltrap to $340-$360, it just stopped at $300, lol Your trend lines hardly ever touch the curve! That is also a completely different graph to the one you showed in the first post, where it showed that last time the resistance was broken, there was a flash crash to 933 yuan, before a recovery back to the resistance levels. Using this new graph you seem to be saying that the price will rise to about $400. I have to say, I didn't realise that you were predicting the price for November, do you not think maybe that fundamentals might come into play over such a long time period? Or do you think that the market only works on a technical level, regardless of what happens with regulations, companies accepting bitcoins, ETFs etc? |
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They will manipulate the price down until they can't make any more money from that, then they will manipulate the price up. The one thing that traders hate is stability, they can't make money from Bitcoin staying at one price all the time, so rise and fall is the way it goes. The bitcoin economy is growing, transactions per day are increasing, screw the price, things are going good for bitcoin. |
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Russian Fighter planes flew in international Air space around Gotland and Bornholm.
International air space, i.e. it doesn't belong to anyone and anyone can fly through it without needing to let nearby countries know about it. It is a non-event. If they fly into Danish or Swedish air space, then it will be an incident, but until then it is just complaining about someone doing nothing wrong. The same goes for when they flew near the UK recently, near but not into our air space.. |
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I don't really put a lot of faith into technical analysis, I always think it is used after something has happened to explain why it happened in retrospect.
I have to say though breaking through the support levels isn't great news, but it could just as well mean that it is oversold and due to rise..
I don't day trade anyway, so as long as the line continues upwards in the long run I will be happy. What would be your prediction for a low price if your technical analysis is right? Looks like about 1200yuan, so $193 or so?
By looking at the bid sum I doubt the recent $150 bottom will hold, so my guess would be high double digits like $75-$85, something like that. Yes thanks I posted there So completely off all of your charts? That doesn't really seem like technical analysis, rather opinion... Looking at last time the price broke down through the resistance levels, it fell to an equivilent of about $190. If we reach that level (i don't think we will) I will be buying in strongly. |
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I don't really put a lot of faith into technical analysis, I always think it is used after something has happened to explain why it happened in retrospect.
I have to say though breaking through the support levels isn't great news, but it could just as well mean that it is oversold and due to rise..
I don't day trade anyway, so as long as the line continues upwards in the long run I will be happy. What would be your prediction for a low price if your technical analysis is right? Looks like about 1200yuan, so $193 or so?
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Well its not the case here in Germany I can tell you that. I have just logged onto the site and there is no bitcoin option. http://www.neteller.com/fees/Look for yourselves before getting excited about this 'news'. |
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I actually tend to think that only one cryptocurrency will really thrive, and all the others will be used by a few people and have little and volatile value. So I don't really think that a major competitor would be a good thing for Bitcoin, it could work out well as people won't want some sh!tcoin from JPmorgan, but it is worrying that people would rather start their own currency than really get involved in the Bitcoin world. |
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Is there a feature to see how many posts that have been made and how many BTC received?
I only saw bit-x bot only displays the total this week and after receiving payment bot will return to zero
Check your bit-x account/bitcointalk PMs and you will see how much has been deposited into your account each week. Divide that by your rate per post and you will see how many of your posts were counted from the last week. If you really want to see how many posts were excluded, then you would have to count how many posts you made in the timeframe in your profile, then subtract the number you worked out before, that would be your excluded post count! I would rather just trust the system and receive what I receive, the above seems like quite a lot of work for no return! |
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Is there a validation step above Basic? I can't find it anywhere on the Bit-X website... I would like to start using bit-x to buy, sell and trade bitcoins, so if I need a higher validation level to do that, I would like to do that asap, as they usually take a while to go through... |
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So it just like the normal trading but using Bitcoin
But, does it safe?
Yes, It's the same, you can buy bitcoin at lower price and sell when the price becomes higher or You can also use your bitcoin to buy altcoins and do the same. What do you mean,"is it safe"? the risk of trades are always there. I ask that question because I never do trading before  Unleveraged it is quite volatile, but not crazy, anyone can trade bitcoin and won't get wiped out, but you will experience swings in price that might annoy you when it goes against you. Leveraged bitcoin trading is lunacy in my opinion. I think 200x is possible, but a single whale deciding to dump onto the market could bankrupt you, and I don't mean your Bitcoin balance, I mean really leave you bankrupt. Stick to unleveraged trading and you can't go too far wrong, just don't risk more than you can afford to lose. |
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People are using it, for whatever they want, in a way that is so FREE, free as in FREEDOM, no-one really knows what to make of it.
I agree with this part, and I am happy that someone else on these boards actually sees it, and wants it to continue! So many people scream HODL and say that they would never spend thier bitcoins, They don't understant what bitcoin is, the price doesn't matter, it is a new form of money, it is money for the people and it is catching on, maybe not as fast as we would like, but it is and it will continue to grow. |
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Even with negative house edge, house could win if gamblers are greedy / use martingale  But, negative house edge could attract many gamblers In past, luckyb.it also did same thing. They offer 100,3% odds & able attract some gamblers I've seen once a gambling site with normal house edge and still gamblers seemed to win more than the house. (I asked them nicely to check their scripts.) However, there's something I don't understand: how comes that Martingale has such popularity. Even myself, I thought at very start that it's a good technique. Still, posts with successful Martingale seem to be more popular than those with fails. And yes, such aggressive marketing technique (negative edge) could be a winning point for a casino / dice site. But the market still seem to be able to accommodate plenty more such sites without this extra gamble/risk from the owner. Martingale works really well for a very long time, it shifts the odds of you losing away so that it very infrequently happens. You can win 5000x in a row, but eventually it will get you, and you will lose your entire bank. During those 5000 wins, you will hear a lot about how great Martingale is, then at the end you will probably hear about how the game is rigged as it can never be black 12 times in a row!! I think most casinos wouldn't do too badly with a small negative house edge. Most people have such poor staking strategies that it will override the negative house edge. There would also be those who sit and play perfectly for 18h a day to gring out a few dollars, knowing that in the long run they will be up. They would be the death of the negative house edge casinos. |
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So I'm working on something about the crypto-currency economy. Is this correct thinking?
According to CoinMarketCap.com, the value of all cryptocurrencies is more than $4 billion, but does the crypto-economy really house $4+billion in value? Using Bitcoin, as it has by far the most popular and has the most readily available statistical info, we can find that the average bitcoin is transferred about once every 2.54 years by dividing the average USD daily transaction volume of $40,000(2) by the BTC market cap. In comparison, during the 4th quarter of 2014, an individual dollar was spent about once every 238 days(3).
Using this metric, we can assume that about 4x more of the percentage of total Bitcoin is being used speculatively (as an investment) than of the dollar (such as in stocks, bonds, etc.).
Though I don't know about your figures, I would instictively say that more than 4x the % of bitcoins are invested compared to fiat currencies. This would mainly be due to the inability to spend bitcoin in a day to day fashion, so people have fewer options of what to do with their Bitcoin, so they invest it. I would also assume that we early adopters are higher risk takers than the average person, so are happier than most to make risky investments. I would also say that people who buy bitcoin must have some free cash flow, otherwise they wouldn't be buying bitcoin, therefore they are more likely to want to invest their extra money. |
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There are lots of good ideas in the list, and some that are over-played (Ripple!) but I am not sure that I see the must have killer app in that list.
Sending money quickly around the world, and having it out of the hands of banks is the main advantage of bitcoin that I see. I am not sure that these apps fully utilize that.
How about a simple "accept bitcoin" app? So that essentially every business or person with a smartphone can accept bitcoin?
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NEW YORK - Ahead of next week’s visit of Afghan President Ashraf Ghani to the United States, a leading American newspaper reported Friday that the Obama administration States is nearing a decision to keep more troops in Afghanistan next year than over five thousand it had intended. In a front page dispatch from Washington, The New York Times said the move effectively upends its drawdown plans in response to roiling violence in the country and another false start in the effort to open peace talks between the Taliban and the Afghan government. President Ghani, a former World Bank executive, will meet with President Barack Obama as well as Secretary of State John Kerry to discuss possible changes to the U.S. timetable to withdraw the bulk of American troops helping to bolster Afghanistan’s still-struggling military. More... http://nation.com.pk/international/21-Mar-2015/us-may-not-reduce-troops-in-afghanistanWell it's not surprising, especially when America is mobilizing in Eastern Europe and Iraq, they don't seem like they want to reduce their war efforts anytime soon. The Afghani Army will never be able to control the country, the Soviets couldn't, neither could America, why will they be able to? Obama has just been a nightmare president. The fact that he got a nobel peace prize (for what exactly?) should go down in the history books as one of the biggest disgraces of all time. |
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