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981  Economy / Marketplace / Re: 1 free BTC to someone who comes up with a slogan I like on: May 25, 2012, 11:05:34 AM
Get hosTIZZied ! Cheesy
982  Economy / Speculation / Re: thebitcoinreview.com - Wants to make an educational video - Bitcoinia 101 on: April 13, 2012, 07:35:57 PM
A little less conversation and a little more action. If it was my money, I'd hope he'd use his time to actually deal with the issues instead of answering back to me. Way to go.

It's up to Zhou to act (appears finally he did). What do you expect from the customers losing their BTC? Suffer in silence?
983  Economy / Speculation / Re: Why not leave bitcoinia in maximum leverage? on: April 13, 2012, 07:29:35 PM
The first guy seemed to have a technical problem with a MtGox code. Hard to tell what happened there, even harder to act without evidence. Give him 500 just like that? It'll have to be addressed to MtGox I think.

The second guy is complaining about 1 Bitcoin. There could be many reasons why that single bitcoin wasn't credited. More likely those reasons have more to do with him than with Bitcoinica. Perhaps...

...he used the old deposit address that was hacked as the third guy seems to have done. He is complaining he didn't know about it. Tough luck, if a company I work with is hacked, I'd read about everything that has to with that first before >continuing to use this company< as if nothing had happened.

Then, there is another guy that complains that he forgot his password to his 1000$ Bitcoinica account. I mean, seriously, if Zhou has to deal with such crap on a day to day basis, a wonder his service can still run so smoothly. He must answering people's emails and telling them they are total idiots 24/7.

Disagree. Bitcoinica is a for profit operation. Therefore full responsibility applies.
From my point of view it is fully justified that a customer losing assets due to misconfigured or insecure offerings of a commercial operator demands refund. (The lost password is an exception.)

Calling customers idiots because they lost assets this way does not seem appropriate to me at all.
984  Economy / Speculation / Re: thebitcoinreview.com - Wants to make an educational video - Bitcoinia 101 on: April 13, 2012, 09:38:35 AM
Currently I would strongly discourage sending any funds to bitcoinia:

http://help.bitcoinica.com/discussions/questions/144-missing-500-usd-deposit-and-zhoutong-ignores-me
http://help.bitcoinica.com/discussions/questions/169-deposited-btc-have-not-arrived
http://help.bitcoinica.com/discussions/questions/134-what-is-going-on-i-deposited-15-coins-here-and-they-never-showed-up-wtf-didnt-you-say-something-on-the-deposit-page

Just my two cents.
985  Economy / Speculation / Re: Let's put some leverage to use... on: April 13, 2012, 09:32:48 AM
it took me a bit of time to get the coins on bitcoinia as it's first time I have actually used it in anger, I have the long now, would have preferred to have paid less for it but so be it...

No stops or limit offers in. Or at least, the margin call is the stop Smiley


At least you got the coins there. This seems to be anything but sure:

http://help.bitcoinica.com/discussions/questions/144-missing-500-usd-deposit-and-zhoutong-ignores-me
http://help.bitcoinica.com/discussions/questions/169-deposited-btc-have-not-arrived
http://help.bitcoinica.com/discussions/questions/134-what-is-going-on-i-deposited-15-coins-here-and-they-never-showed-up-wtf-didnt-you-say-something-on-the-deposit-page
986  Economy / Speculation / Re: Why not leave bitcoinia in maximum leverage? on: April 13, 2012, 09:27:38 AM
zhou is well aware of ppl creating new accounts and does not appear very worried about it... so until then...
p.s. i have two accounts. the first i forgot the passwd to. balance is basically zero if i recall correctly.

It seems that he is not worried about anything related to other people's BTC. He doesn't even care to credit deposits:

http://help.bitcoinica.com/discussions/questions/144-missing-500-usd-deposit-and-zhoutong-ignores-me

http://help.bitcoinica.com/discussions/questions/169-deposited-btc-have-not-arrived

http://help.bitcoinica.com/discussions/questions/134-what-is-going-on-i-deposited-15-coins-here-and-they-never-showed-up-wtf-didnt-you-say-something-on-the-deposit-page
987  Local / Biete / [Closed] Nicht mehr verfügbar. on: April 12, 2012, 09:32:40 AM
Nicht mehr verfügbar.

[closed]
988  Economy / Speculation / Re: Stagnation!!!! on: April 04, 2012, 07:09:55 PM
Be patient. Rallies aren't built in a day.

What rallies need most is painstakingly prolonged stagnation and frustration beforehand.

So moaning about stagnation and convincing others that stagnation will continue eternally is the exact right thing to do here.

@mb300sd: Keep up the good work!
989  Economy / Speculation / Re: Will $7.20 be the 2012 high? on: April 03, 2012, 07:01:02 PM
Will $7.20 be the 2012 high?

No! $7.20 will be the new 2012 bottom. Grin
990  Economy / Service Announcements / Re: Bitmit - Bitcoin shopping platform / auction house (e.g. buy GOLD FOR BITCOINS) on: April 02, 2012, 06:18:12 PM
I think Bitmit lacks buyers at the moment (probably due to Bitcoin hoarding Roll Eyes).

Proposal: Motivate buying activities.

Possible Method: Offer a prize (maybe just 10 BTC would do it).

Implementation: For each bought item the buyer automatically acquires a lottery ticket (at no additional cost).
Random payout within a period of a month or so.


Just to throw in some ideas to get more activity to the market. Quite an implementation effort though (maybe team up with bitlotto?).
991  Economy / Speculation / Re: Rally!!!!! on: April 02, 2012, 02:16:15 PM
That's how markets work:

1st : "It's too expensive."
2nd : "Oh no, it gets even more expensive."
3rd : "What the hell! Let's buy this before it gets to the moon."
4th : Price crashes.
ITT ppl who have money to buy 40k btc dont know that simple fact
:S

do you really believe that that the user dont know that ...

They know, but may still behave this way.. think of gambling addicts.. Grin
992  Economy / Speculation / Re: Rally!!!!! on: April 02, 2012, 01:35:15 PM
the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap

when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from  base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense

That's how markets work:

1st : "It's too expensive."
2nd : "Oh no, it gets even more expensive."
3rd : "What the hell! Let's buy this before it gets to the moon."
4th : Price crashes.
993  Economy / Speculation / Re: Rally!!!!! on: March 31, 2012, 10:37:01 AM
go! go! go!
however I fear there is a strong psychological resistance at $1000...
994  Economy / Economics / Re: The moronic purification cult is a direct result of hoarding on: March 31, 2012, 10:28:12 AM
Look at the items for sale or auctioned on this forum. Most are one or another financial instrument. People are holding onto Bitcoins til there's a better price in other currencies. There isn't a consistent market for goods.

Hoarding is one motive.

Hoarders are holding for better dollar prices. When the dollar crashes, bitcoins will no longer have any usefulness for them and they will start selling them massively.

So if the dollar collapses, people start selling all their Bitcoins to get worthless dollars? This is totally illogical.
995  Economy / Economics / Re: Do something! on: March 31, 2012, 10:12:58 AM
No, we are not doomed - we just need to accumulate even more BTC...  Shocked  Cheesy

Maybe best case scenario for Bitcoin under this view would be a total collapse of the established currency system with people seeking desperately for "safer" alternatives.

If the alternative is valued in the collapsing currency then the alternative will crash as well.

I don't see any logic here...  Huh This has been proven wrong countless times (e.g. paper currency hyperinflation vs. gold).
996  Economy / Economics / Re: Do something! on: March 30, 2012, 06:42:30 PM

It's a paradox, or a dilemma:

more people hoarding --> more scarcity --> higher BTC price --> less people willing to spend
--> which is detrimental to a new currency's adoption  --> lower BTC price

If an equilibrium is achieved at the current level, are we doomed?


No, we are not doomed - we just need to accumulate even more BTC...  Shocked  Cheesy

Maybe best case scenario for Bitcoin under this view would be a total collapse of the established currency system with people seeking desperately for "safer" alternatives.
997  Economy / Economics / Re: Bitcoin: A wonder drug or snake oil? on: March 30, 2012, 06:34:20 PM
..and I always thought snake oil IS a wonder drug...  Huh  Grin

Seriously I think bitcoin has tremendous transformational potential. However potential alone is not sufficient for "success".

So lets just wait and see what happens...
998  Economy / Economics / Re: Do something! on: March 30, 2012, 06:10:15 PM
..maybe nobody does anything because they all want to hoard more BTC...

deflation ?!?!?!?  Roll Eyes Grin
999  Economy / Speculation / Re: Rally!!!!! on: March 30, 2012, 06:05:53 PM
Rocket engine will start soon... however I'm not sure if it's already erected.
1000  Local / Suche / BTC gegen CHF [CLOSED] on: March 20, 2012, 10:39:02 AM
erledigt
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