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641  Bitcoin / Bitcoin Discussion / This letter just gave me a freedom boner! on: December 09, 2013, 02:46:08 PM
If you're a troll go read this, and then let the light shine in!

http://www.reddit.com/r/Bitcoin/comments/1rxmk3/my_open_letter_to_peter_schiff_followup_from_the/
642  Economy / Speculation / Re: Estimate for bitcoin value in early January? on: December 09, 2013, 02:22:20 PM
The moon is approximately 238,855 miles from the earth, so I'm going to estimate 238,000$/btc.

then we can claim .35cent a mile on are taxes.... so much for income tax!
643  Economy / Speculation / Re: The bitcoin crash of 2013: Don't you feel silly now? http://www.latimes.com/bus on: December 09, 2013, 12:09:31 PM
I'm always happy when I see the public misunderstand bitcoin as it means we have a long way to grow. Reminds me of the time when websites were said outloud as "h t t p colon slash slash double you double you....". Or even better, backslash backslash, as it sounded more technical even though it is wrong. Good times!


hahahaha
644  Economy / Speculation / how to short bitcoin, from Forex Minute on: December 09, 2013, 11:38:40 AM
This is the only way to do it I guess, I love the fact you cant naked short!!!!!!!!!!!!!!!!!


Since its inception, bitcoin has been counted among the highly valued currencies in online exchange. Its value has climbed by 230% (denominated in dollars) and turning out to be far more profitable trading option than stocks and commodities. However, there are people who believe that the value of their bitcoins may go down, so they decide/wonder to short them frequently. The question is how?
ForexMinute provides you with a series of answers to this question. One of the ways to short bitcoins is to use a currency pair; for instance, there are many bitcoin exchanges which have their contracts based on the BTC/USD, Gold/BTC and Crude (WTI)/BTC.
645  Economy / Speculation / Re: Was that the top of the dead cat bounce? on: December 09, 2013, 07:51:35 AM
were going to 3k.


cool user name picture icon,,, kinda looks like a bear
646  Economy / Speculation / Re: for panic sellers: on: December 09, 2013, 04:38:13 AM
Ummm.... I'm not sure I follow you.  If there was 5x more money getting INTO BTC right now, surely the price would go up.  I think what you might mean is that the total value of all trades is 5x.

I'm seeing a lot of Americans (and some Europeans) buying (it's night time there, so some savvy investors making large purchases).  These BTC have to come from somewhere.  I guess that's China... It's daytime in Asia and I'm not seeing much being bought there.


its called miners dumping also
647  Economy / Speculation / if it breaks 860 on Gox.... on: December 09, 2013, 03:30:20 AM
bet the bank!
648  Alternate cryptocurrencies / Altcoin Discussion / Re: If bitcoin is about speculation, then it's time to move onto Quark on: December 09, 2013, 03:28:53 AM
scam coins will come and go! litecoin is only other i would buy
649  Economy / Speculation / Re: Bitcoin going up again on: December 09, 2013, 03:19:48 AM
best thing about bitcoin, You cant sell what you dont own!!!!! So eventually you will get squezzed the fuck out!
650  Economy / Speculation / Re: It's over. Bitcoin is finished. on: December 09, 2013, 03:16:53 AM
Sounds like someone bought at 1200 and sold at 550!
651  Economy / Speculation / Re: Bitcoin Derivatives Contracts $1400 by Jan2014 on: December 09, 2013, 02:58:47 AM
Well I went here http://www.brainjar.com/dhtml/ouija/ and asked!!!! The answers I got was that  5k in 2014, 16k in 2015, 100k in 2017. While going through my training to be a hedge fund trader at GS. You learn to use this in advanced options trading. So I figured why not try it on bitcoin.
652  Economy / Speculation / Re: Why didn't you sell? on: December 08, 2013, 02:08:03 PM
I didn't sell because I couldn't care less about the exchange rate or whether it will go up or down.



I completely agree! I don't care about the price. I buy stuff cuz I believe in it. Just because someone that had blocks of 5k coins and was selling them back to back and running ddos attacks on all exchanges. Pretty evident that was just to create fear in the community and when you buy for quality and not for the price. Quality always lasts!
653  Economy / Speculation / Re: $100 coming next week on: December 08, 2013, 01:59:42 PM


I bet Alessio Rastani feels like a f#cking retard right now!!!! The worst thing about traders is when they try to be f#cking physics!!! If I wanted to know the future I would just break out my Ouija board. Its a clear sign that any time any of these f#cking analysts or traders make big claims like this. The market will go in the exact other direction. Stock Market perfect example... Upgrades and downgrades.... Yeah it might pop in that direction for 1-3 days but then stand by for it to go the other way,,, they predict that shit at the end of a move to get the final exhaust buyers in there that feel like the missed the train and jump on just as it goes over the fucking cliff... That BOA shit about 1300 was a perfect example of that bullshit on wall street.. Yeah it has potential to be at 1300 but profsionals aren't going to buy it at 1200 for a small 8% gain so that every person that bought it at 1k sells at 1300 and the guy can't get out with their large position...
654  Economy / Speculation / Re: The Bitcoin Conspiracies Thread on: December 08, 2013, 10:09:27 AM
Well if the first theory is right which sounded pretty legit to me. Then we can fucking forget about DA moon  Cry Cry Cry Cry Cry Cry Cry Cry



Instead to DA Jupiters moon!  Grin Grin Grin Grin Grin Grin
655  Economy / Speculation / Train is leaving the Station! on: December 08, 2013, 09:36:50 AM
Well everyone in the states is sleeping and unless you get up at 3am like most 1%ers do. You are missing the train... China is buying back in and dragging the rest of the markets with it! People are going to wake up saying f#ck i should have bought at 600 before i went to bed.
656  Economy / Speculation / Re: TO THE MEAN! on: December 08, 2013, 06:47:58 AM




But the Mean looks so good in a couple years!!!!
657  Economy / Speculation / Re: India on: December 07, 2013, 10:11:46 PM
India will get into bitcoin!!! they work all over the middle east and need to send money home to there family,,, there is only one way to do this, western union!!!!! Bitcoin just needs to be introduced to them. Same as mexico,,, its not long my friends!
658  Economy / Speculation / Re: If Bitcoin became the sole reserve currency... on: December 07, 2013, 09:19:24 PM
Newsflash for noobs, bitcoin isn't about fulfilling your socialist fever dreams of "wealth distribution". It never will be, and we don't care. Nor do we think wealth distribution the way you are talking about it is a particularly good idea.


Bitcoin = GO BIG or GO HOME
659  Economy / Speculation / Re: If Bitcoin became the sole reserve currency... on: December 07, 2013, 08:06:21 PM
there are like 9 million coins left to mine,,, everyone has there chance.... people are going to learn how to be different. savers instead of spenders. its a needed flush of the system. Yes of course 20% going to own 80% thats nature... research 20-80 rule... its universal you cant change it. Best thing to do is protect your coins and protect your family and blood line... Why do you think the rich are so strick on who they associate with and they push out trash... they dont wanna be infected!
660  Economy / Speculation / its in its 5th wave of the down trend on: December 07, 2013, 05:30:41 PM
I think it will stop around 450 area. The final 5 wave will either stop at the previous low of 576 or will continue lower to around the low of nov 20th crash at 450 area. After that to DA moon!!!!!!!!
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