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1361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 12:32:00 PM
We're moving the wrong way. Can someone please tell these people.

Its all these crazies I tell ye, in all honesty we know its going to $2000 so these people should just hurry up and get us there Wink


Sometimes it's nice to take your time Wink

I know I know, just this internet thing and all these on demand services have given the population the patience of a 3 year old Wink
1362  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 12:28:47 PM
We're moving the wrong way. Can someone please tell these people.

Its all these crazies I tell ye, in all honesty we know its going to $2000 so these people should just hurry up and get us there Wink
1363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 09:03:58 AM
Whats its going to be - weekend dump or weekend rally?

Weekend rallys and week dumps/flat. Its the new paradigm!
1364  Bitcoin / Bitcoin Discussion / Re: Its shocking and depressing to read BOTS made bitcoin boom! on: May 29, 2014, 08:16:04 AM

STOP spreading FUD. Who cares what caused the price increase 6 months ago. Do you really want to sabotage the market or what? Do you want your coins to be worth less?

ignoring very important things and brushing them under carpet is as bad as spreading FUD


Is it important though ? The market doesn't seem to think so.
1365  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: May 29, 2014, 08:14:42 AM


You mentioned that most of the Ritz members will be switching over to new campaigns.  My understanding is that Ritz is ending his campaign on the first.  So my question is why would only most of the members switch? Wouldn't all members ditch the Ritz campaign?

I ask because I thought maybe I was missing something.  I don't know a whole lot about the Ritz campaign. I'm assuming you would since you're a member of the Ritz campaign.

Hopefully that makes my question a little clearer.  If not, maybe I'm the one thats half asleep, LOL!

Well the assertion is that not everybody may want to continue with sig campaigns at all. A couple of members have also said that they will keep their Ritz sigs for a few days for 'free' as a thanks. Im sure the landscape will be more obvious in the next week or two but I expect a lot of people re joining PD.
1366  Economy / Services / Re: ★★★ HIGHEST SIGNATURE PAYMENT ON THE BOARD - UPDATED - RitzGrandCasino.com ★★★ on: May 29, 2014, 08:10:15 AM
lol, all that and it could have been sorted out months ago. Ah well, shame your leaving us still Ritz ur posts look way better without red splattered on them Wink
1367  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 08:09:03 AM





Pulling a number literally from nowhere, it FEELS as if we are around 0.5%. Anyone have a more accurate number?

Don't do all super bull but if 1 in 20 wind up using Bitcoin in some way we are somewhere between 0.5 and 1% adoption. I'd think. Bitcoin won't have that much penetration but be happy if 1 in a 100 found it useful so maybe we're between 3 and 5 % total adoption or maybe you're a laggard, and we're bag holders. How long is a piece of string?

*to address the bolded part:

I think 1 in 20 gets us to 5% - just saying.


How do you figure this 5%?

He's misunderstanding what the poster was saying. Obviously 1 in 20 means 5% adoption but Adrian was saying if 5% ends up using it we are at 0.5-1% now.
1368  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty for open source ByteCoin/Monero pool on: May 29, 2014, 08:03:09 AM
Is Monero pool in development?

There are several Monero pools under operation. See the first page of the ann thread.
1369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2014, 08:01:55 AM
The facebook thing makes a lot of sense. I got 1/10 of the way along writing an app that would have been able to be recoded to do that fairly easily (being able to award people points). Unfortunately, Facebook changed their API that would have removed a lot of the fun of using it so I shelved it.

Though personally, I'd be a bit wary of holding that much of other-peoples money (you will presumably have to load up before you can send any). Good luck to them though.

Yeah and you know what things are like on social media. If a video with a cat can be seen by 20 million through Facebook shares etc then any form of tipping on Facebook can only be a good thing!
1370  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 09:39:34 PM
RIP DRK bagholders...
1371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 07:12:31 PM
Have we already seen the full extent of the effect of the Willy Bot news? If it gets more substantiated in some way, would we face more negative sentiment? How did the story affect holders who may have bought based on that perceived buying pressure in the last bubble?

People pay what they are willing to pay for something. Regardless of the fact willy accounted for 10% of the 20% gox had as a measure of global volume plus we all remember China was leading right Wink , I fail to see how that effects the price today. The only thing that gives bitcoin is value is what somebody is willing to pay for it. You may be willing to pay less based on a belief the last bubble was soley to do with one bot but someone also has to be willing to sell to you on that reason alone. The fact that many knew something like this was 1) likely to be happening and 2) if you were around for the last 4 ish months of Gox' life people were speculating that this was going on even coining the 'bot' willy at the time was happening, means in general its not that huge of a deal.

 Add into that its still only speculation, none of this can be proved. It could easily be high value customers who didn't have accounts so as to not leave millions sitting in an account to be hacked. Instead they wired money direct to gox and in return Mark had programmed a 'bot' to execute trades at certain times. Given Marks track record it stands to reason he may also 'accidently' co-ordinate that to oppurtune moments.

Further to that as well the database leak while containing customers info, some have stated they dont show all their trades for that period. Is it not possible that someone doctored the database wrote this story and waited for an oppurtune moment to release it. Far fetched but just as speculative as the report.
1372  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 28, 2014, 07:04:13 PM
For a little while there I had mistakem AlexGR for a drk troll.   So happy to be wrong.   Valid and balanced criticism makes baby  Shakyamuni happy.

The simplest solution to volatility is a ratonally self-interested coalition of miners selling on a schedule representing their interest in long-term maximization of value.  Perhaps more likely is that proper professional traders enter the market, after it grows enough to support them.  Float is too small to be interesting forr a fulltimer yet

While I agree, the self-interested coalition of miners errs on the side of caution in regard to centralization imo
1373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 06:01:42 PM
[

Well, by that analogy Stamp would be.

But those crazy Russians have always lagged a bit. It's harder (and more expensive) to get fiat out of there.

Is it not expensive to get money in as well? I seem to remember hearing being charged 1% both ways?
1374  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty for open source ByteCoin/Monero pool on: May 28, 2014, 05:40:59 PM
You can advertise your pool in this section:
https://bitcointalk.org/index.php?board=160.0

Won't doing it all on a testnet suffice?

EDIT: someone asked me to host a pool, might work out

I can post it in IRC if you post a link here when its up
1375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 05:25:52 PM
  Me: "Goevernments can effectively ban bitcoin, see China for example."
   Them: "Bitcoin is like the internet, it will find a way around any obstacle."

Bad example, try torrents or something closer in anology to decentralization

  Me: "Bitcoins may be scarce, but there are plenty of cyptocoins with equivalent or better protocols"
  Them: "Cryptocoins will die and bitcoin will not."
The very best will likely be used in some situatioins as well. But network effect, first mover effect etc
Also if a country decides to print more money does that devalue my currency in my country?

  Me: "Bitcoin is now more prone to theft and fraud than credit cards, see the numbers."
   Them: "Bitcoin will be much safer when it matures."

Isn't that logical due to most the thefts, scams etc being because of 0 regulation rather than the bare minimum at least.

  Me: "Mining is already concentrated in a few companies, they may form a cartel and become like the bankers."
   Them: "It is a free market so that will not happen."

This is agree with you more on, thats why I have my coins already, first movers advantage etc.

  Me: "The Satoshi 2009 blockchain already assigns XX% of all the money to a few thousand people."
   Them: "Wealth distribution will improve with time."

How many people do you think who mined in 2009,20010, 2011 even 2012 still have all the coins they mined/bought now? Satoshis mined 1 million don't foget.
1376  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 28, 2014, 03:58:48 PM
Hey guys I have a question, what is the line you have to add inside the minerd batch in order to run spesific threads, instead of full cpu threads? ty!

Just   t- <number of threads>
ty very much kind sir!


bladetus , what do u mean? where do I put the --help? in batch?

You wouldn't put it in your batch file. You would type minerd --help in a command prompt.

eg. open command prompt

change to the correct directory

eg. cd c:\users\desktop\miner

then type minerd --help
1377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 03:54:50 PM
Jesus fucking christ I'd rather read about China banning bitcoin and be inundated with bear fud than read 5 pages all about our resident academic.

Can we move on... Please ?!
1378  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 28, 2014, 02:48:42 PM
Hey guys I have a question, what is the line you have to add inside the minerd batch in order to run spesific threads, instead of full cpu threads? ty!

Just   t- <number of threads>
1379  Bitcoin / Bitcoin Discussion / Re: Its shocking and depressing to read BOTS made bitcoin boom! on: May 28, 2014, 01:50:41 PM


Even arbitrage and free market wont drive price lower because there is constant ballooning of price at one exchange which is fundamentally a fake activity..
 

Nonsense.
Arbitrage by definition involves more than 1 exchange/place to buy and sell.



Precisely, if there wasn't enough fiat or people willing to pay whatever price then arb just wouldn't be possible at any real volume.
1380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2014, 01:39:32 PM

Can someone explain to me how a -4% dip in two days is now equal to pump and dump. I'm feeling as if all my years if trading stocks and bitcoin I've been completely misinformed?

Please read the trolls last several posts and kindly not quote him again. ta Wink
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