Shame we can't ban his IP..
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Checking my post history?! Op sec in this place is pretty tight. Right on!
You registered within two days of NLC..who you clearly are. Edit: Ignored. Just in case you try and respond.
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LFC: It's been sometime I've been in the UK. Maybe if we CCMF more, we'll meet for a pint mate (or 2, or 3, or... ) If you do venture to England gimme a shout, i'd be up for a pint!
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Interesting discussions.
FWIW I have reported your posts to the moderators NLC. You need help.
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Shorted. No hope. Holding only fiat and few btc only to lav.short Bears = much ZEN last days This is the calm before the storm, gentlemen.
As I said before this is the drop before the huge rise Sounds like hope, not analysis. Look at 6h EMA. Sounds like you are short and hope it falls ;p
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7 billion mofos on the planet and "eternal life desirable for society?". U w0t m8? I think it might even be possible eventually, but definitely not desirable IMHO. Fuck no. By the way, some species ARE immortal: https://www.youtube.com/watch?v=eMOkXkw5TKcFact is, there is probably no stopping it. Besides, having driven across several continents, I can confirm there is more than enough room and empty space. We just need to be more civilised and become better at using resources. *Slightly* off topic, but this is the global trend here on this wall, so please allow me to express myself: 1. Aging is nothing but degradation of our DNA information via replication of our cells. We happen to age every single second, mind you. When the DNA chain reaches the end, due to the disability of our mechanism to reproduce its cells without errors, we have the telomerase that is nothing more than Poly-A chains to eliminate the duplication errors. During our lifespan, those chains are getting shorter and shorter while the duplication reproduces more "errors" due to lack of them. TL;DR: More Telomerase = More life. 2. What is life? What is the difference from your life and mine for example? The answer is simple. It's our memories. Memories are stored into our brains via biologic synapses which (in essence) are not very good way to store information. But this is what we got. I presume it won't be hard for next gen (quantum? ) computers to be able to "store" the memories of a person inside their "hard drive". The tech is already here - we now know what our brainwaves look like when we ie: move our hands, that's how scientists are able to produce bionic legs and hands and the person who "wears" them is able to control them via their brains. 3. Evolution NEEDS immortality (or if you prefer infinite lifespan). It's the way that we humans can evolve to better beings and develop our "next" versions. This is feasible right now (in theory) via several ways. I'd say we're in infancy regarding the tech we need to "make it happen" but "we know it's there". Question is: Will we be here to see it happens? Or some redneck will "press the button" and "restart" the engine? It would be so pity. And so to the difficult question. How to transfer the mind from the squishy biological substrate we call a brain into a digital form is simply a technological feat. It will be done. More important (before your quantum mechanical golems arise) is how to do that without simply making a copy and leaving the original human mind trapped in meatspace! That is the point right? Immortality?
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Always in bad taste to linger too long & overstay one's welcome. Besides, your grandkids have already bought you a nice plot.
Oh the irony.. You missed the point. Of course a surgeon's scalpel is unwelcome to a boil, and penicillin is unwanted by the syphilis spirochete. The doctor must weigh the feelings of boil/spirochete against the general wellbeing of his patient. It's a choice. I think you missed the point NotLambChop. In any case, believing technology which could benefit the privileged few will not be developed to preserve the well being of the many is silly. No individual will choose not to have life extension technology, instead they will actively pursue it.
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7 billion mofos on the planet and "eternal life desirable for society?". U w0t m8? I think it might even be possible eventually, but definitely not desirable IMHO. Fuck no.
You just indicated yourself that even without eternal life, overpopulation is/ is going to be an issue.Maybe if we know we are going to stay around forever, we'll actually have a strong incentive to figure out a solution for overpopulation. Anyone not expecting life extension technology to become available in the future is being rather shortsighted. Ask any old man, say Warren Buffet, if they could trade all their wealth for their youth they would in a heartbeat. More interesting to me is simulating the human brain. Lots of great Scifi written on that.
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Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.
But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!? Yes, I was also a cultist and a permabulltard once. But I managed to get out of the cult. You'll probably escape the cult too some day. I don't recall ever being called a cultist for buying stocks and bonds each month, not sure why buying private money is any different. Just because you lost a bundle on Bitcoin doesn't mean the concept or overall outcome won't be successful.
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Always in bad taste to linger too long & overstay one's welcome. Besides, your grandkids have already bought you a nice plot.
Oh the irony..
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I think what this price stability shows is that none of the vocal bears on here have enough coins to even push us down a single dollar.
edit: wall at 262 eaten.
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Chinese exchanges have no cost for a trade. Therefore the volume is imaginary.
Fee paying exchanges such as finex or stamp or kraken show the true market volume.
Chinese exchanges have some coins on them but cannot be trusted.
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Bear flag? (6h bitstamp) Zoom out. Nice call.
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Bear flag? (6h bitstamp) Zoom out.
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so, bitcoinlandia...you will let this sneaky bull whale close his underwater longs and usd swaps on low volume? really? he is getting away with those cheap and fake walls. bears...this is your chance for cheap coins dont disappoint me like bulls did when they didnt break 300. What is your prediction for the weekend tarmi?
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Who cares how high bid sums are on exchanges, as most new ppl buy Bitcoin via Coinbase, LB of Circle
Good point. Sadly the exchanges set the price. True, but demand will catch up at some point. Back in the Gox days, there were very few options to buy Bitcoin, so the only way was to wire money to exchanges. That could explain the high liquidity back then. Now there are so many options, and that makes it so much harder to try and guess true value. But there must be a turning point eventually, i think thats the reason TA makes less sense these days. Nobody really knows, exchanges are pure speculative Yep indirect demand will rise if coins are scarce due to buying on localbitcoins and other sites like coinbase and circle. It is pretty clear that the bitcoin price is set with a fairly small float of coins held by a relatively small number of whale traders. The sooner a regulated US exchange appears with a orderbook depth befitting the market cap of bitcoin the better.
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Who cares how high bid sums are on exchanges, as most new ppl buy Bitcoin via Coinbase, LB of Circle
Good point. Sadly the exchanges set the price.
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I read somewhere recently that 40% of berkshire hathaway is shares in wall street banks and legacy financial firms. His opinion is not objective.
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If the current movement continues 2h MACD will cross within the hour (Finex). I say up ( after the Eclipse). That's not possible, even with sustained buying 2h MACD would need 8h or more to get positive (only divergence is positive now). The 1h MACD is in the balance, could point direction soon. Just watching. Bitcoin needs more celestial inspiration!
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Not looking good... The ways of Bitcoin ...esp price ...are 'mysterious to me' FML Yeah longs have gone full retard on finex @ $23,5MM and they brought up the price to like 0.15%/day so longs are paying $35.250 daily just to leverage. And they didn't close or get squeezed as we were going down to $250 but instead were adding to their position. Then shorts jumped up. i'm at a loss as to wtf is going on but feel like the pressure cooker is only getting hotter and something got to give sooner or later judging strictly by longs most likely down. But in the mean time seems like Finex is the only one making serious money now, leveraged longs buying from leveraged shorts Yes I am unsure as to what is happening also. Shorts are rising (finally). It is curious that the long's wont capitulate. Either there is a lot more ammo up their sleeves, or some news is about to come out which will drive the price upwards a lot, or they are trapped and will be squeezed. Something that isn't commented upon often is that you can use BTC as collateral for margin long positions on finex. So you actually don't need USD on the exchange to go long. This means that miners and large holders (say Winklevos) could use their holdings to drive up the price. I wonder if this is why the long interest never drops below 14 million (even after a 90% crash) and may explain the constant imbalance in the long:short interest ratio. This weekend I am off with some friends away from the interwebs. It is shaping up to be an epic weekend!
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