Bitcoin Forum
December 09, 2023, 04:37:49 AM *
News: Mixers will no longer be allowed after Jan 1
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 94 »
1  Economy / Speculation / Bitcoin's value on: September 15, 2017, 01:11:28 PM
It's sad to see the bubble exploding again and crashing violently. As it's sad to see so much speculation, ICO scams and all. But is part of the game. Seen many bubbles, lost a lot, won a lot, and I'm not impressed anymore. I've seen what Bitcoin can do and I still trust it. No alt-coins, no ICOs, no stocks. Just Bitcoin.

Every new price surge has 2 features: goes high as fuck, goes down abruptly and after some stagnation period, goes even higher.

A price of more than $10,000 might be even closer than you possibly imagine.


That's not hard to reach and will be reached eventually, and then even higher. Hard is to play the game without sweaty palms.

https://imgur.com/JMAuPJN
2  Economy / Speculation / Illness doesn't go away on: July 26, 2015, 12:06:38 PM
Somehow it doesn't. Thanks for all who said good words for me. It helped me a lot. Thank you.

I need to disclose something:

Romanian Intelligente Service is actively pursuing many bitcoin users. Check my older posts to see when they got knowledge on bitcoin. Sad thing is that there is no LEGAL case against bitcoin phenomenon. It's not regulated. Romanian Fiscal Authority cannot do anything. But Romanian Intelligence Service can. And they fucking document any user they can from localbitcoins.com

Sad.



3  Economy / Speculation / Time to say goodbye on: January 17, 2015, 05:41:49 AM
These were nice years, but unfortunately all things come to an end. It is time to say "Goodbye". I still think bitcoin is a brilliant invention which brings immense power to the masses but the human element was more agile and found ways to almost destroy it. It's wounded, but not by a security flaw, not by a design flaw, just by misuse and abuse. Nobody can tell what will happen in the future but one thing is certain: nothing goes up indefinitely and all markets are cyclic.

Bitcoin was a chance to learn on economics, markets, psychology and technology. A great ROI. I would recommend anyone here to buy whatever amount one can loose in  the next 5 minutes and put it aside until 2017-01-17, along with the same amount in USD. I am very curious which will have more value then.

Good bye.
4  Economy / Speculation / Re: This is really fucked up on: January 14, 2015, 05:02:47 PM
More like, the "back to reality phase" that bitcoin essentially holds no advantages over traditional payment systems aside from some "pseudo anonymity" and really shouldn't be valued more than a couple dollars per coin at best.

Other than it's faster, safer and cheaper than any other payment system, which is huge.
Faster and cheaper? Of course. Safer?  Not even remotely. FDIC ensures most people have nothing to worry about when it comes to USD and banking. This industry is ripe with scammers and fly by night companies. Not to mention that with the large mining farms and dedicated TX nodes Bitcoin has become more and more centralized.

Bitcoin was a great experiment. Unfortunately it has a huge flaw in its model - the human element.
Safer? yes. No system is as safe as bitcoin. By comparison credit cards are a joke. There are scams everywhere but those who "invest" in scams are not exposing a bitcoin risk, they are the risk. The FDIC insurance does protect your money. However you could also insure your bitcoins. Like any insurance, you have to pay for it.  
I am on my third bank card in a year, but I still have bitcoins from 2011. If you do your job and secure your coins they are very safe from thieves.
We must be using different versions of the word 'safe' then. Bitcoin is as far from safe as you can get for the average person.



Bitcoin is as safe as it's user is tech-savvy. It's pretty hard for the masses to understand how to secure them properly and what NOT to do and why (ie, not keeping them on a freakin website)
5  Economy / Speculation / Re: Bitcoin Suicide / Kill ? on: January 14, 2015, 04:45:35 PM
Hi,

Bitcoin failed to stop manipulation and control the mass down.

is this suicide / killed by any factor like bitstamp, bulls, difficulty etc., ?

just curious to know from bitcoin socialist.



Killed by the 90% of the stupid day-trading sheeps that had their coins at centralized exchanges for years, in Mtgox, Bitstamp, etc. And by the over-the-night CEO/COO, C-my-ass dragqueens like Ver, Karples and other scammers. At no point in the whole history there was a system subjected to such scams, thefts, sheer incompetence and stupidity. And think well, just the recent 19k btc is a big portion of whats currently in existence.

Otherwise bitcoin is good to go.
6  Economy / Speculation / Re: This is really fucked up on: January 14, 2015, 04:35:47 PM
More like, the "back to reality phase" that bitcoin essentially holds no advantages over traditional payment systems aside from some "pseudo anonymity" and really shouldn't be valued more than a couple dollars per coin at best.

Other than it's faster, safer and cheaper than any other payment system, which is huge.
Faster and cheaper? Of course. Safer?  Not even remotely. FDIC ensures most people have nothing to worry about when it comes to USD and banking. This industry is ripe with scammers and fly by night companies. Not to mention that with the large mining farms and dedicated TX nodes Bitcoin has become more and more centralized.

Bitcoin was a great experiment. Unfortunately it has a huge flaw in its model - the human element.

I wouldn't say it's over yet but yes sir, you made a brilliant point. People fucked up the whole system. I still hope those will flee away soon.
7  Economy / Speculation / Re: This is really fucked up on: January 14, 2015, 04:23:49 PM
Despair phase finally entered.

More like, the "back to reality phase" that bitcoin essentially holds no advantages over traditional payment systems aside from some "pseudo anonymity" and really shouldn't be valued more than a couple dollars per coin at best.

Check your language young man! Bitcoin is far superior than bank-enabled transfer. Decentralized.
8  Economy / Speculation / Re: is anyone else as stupid as me to still hodl? on: January 14, 2015, 04:07:25 PM
YES.
9  Economy / Speculation / This is really fucked up on: January 14, 2015, 04:06:43 PM
No, really.

Smells like MtGox all over. I hope Bitstamp and all shitty exchanges die ASAP. I hope Karpeles gets a long term in the jail.

Anyhow, breaking this low brings a huge opportunity which many will fail to see. The only problem is one buy's now and price gets to $80, there will be more time involved until it gets back to 190 and again to over 500. But it will.

Many will fail to see that. And please stop the 'free market' bullshit. When you have an 'audience' of 90% sheeps and a few shitty exchanges, with no transparency, you cannot call it free market. This is bullshit.

PS: I was terribly wrong, I was thinking that 250-270 would be the bottom.
10  Economy / Speculation / Re: [POLL] Current market movement indicating rally ? on: January 07, 2015, 07:59:58 PM
Rally... oh god..
11  Economy / Speculation / Re: A new step in the system on: January 06, 2015, 01:45:13 PM
The daytraders have now lost most of their wealth. It's the way it works. If one was too greedy, kept too much coins in an exchange, didn't bothered to put them in the wallet or at least spend $ on blow and hookers, one lost.

I saw the same thing on MtGox. Fat accounts from 'successful' daytraders didn't withdrew even a penny. So, where is that success now? In Kapeles' pockets.

Anyway, this should be the final warning. Keep your coins in YOUR wallets and use localbitcoins or any other decentralized system to trade. By doing this, you'll have your success. Less risk, more money.


I, today, January 6th 2014 give the middle finger to AML, KYC, banks, Bitcoin exchanges and daytraders-speculator, 90% of the Bitcoin scambusinesses that know shit about security and bitcoin inner-workings, I give the finger to governments around the world and most of their institutions, especially to those oppressive organizations.

Even though I am impressed with the Bitstamp heist, I will give the finger to retarder hacker or hackers because he/they struck with such a violence in people and a fragile system. I bet you're proud of yourself and happy about the earnings but listen what. Most of your life you'll live in some kind of fear because justice will be on your tracks. And if justice finds you, you will spend most of your life in a lonely place, a place where nobody should be, a place that will make you miss every drop of rain, breath of fresh air or sight of flowers. But because some people tread over flowers, we as a society put them in that lonely place for some time.

You're in such a misery that even remorse gets you and want to give the money back, most likely you'll still face criminal charges. And I don't think you have the guts to do jailtime with no money. It's better for your twisted soul to to spend some now and live in fear or in jail but thinking of your little treasure.

12  Economy / Speculation / Re: Stamp hot wallet problem? on: January 05, 2015, 06:13:34 PM
What are these??

https://blockchain.info/tx/4e2310ee5f5d95ea17878f558406e24d10e6234a614fd960bbcddcb2ccd25dd4
13  Economy / Speculation / Re: bitstamp 18,000 bitcoins stolen? on: January 05, 2015, 05:06:07 PM
Hacks on exchanges are complicated. A hack on Bitstamp, which takes security seriously, it's extremely complicated.

So, if this happened, I would assume the hacker would have acquired access at least few days earlier. I would also assume code has been tampered with someway, and some audit has to be made. Even if they use strict change management policies, a full code audit is a must.
14  Economy / Speculation / Re: When Stamp re-opens will the price rise or fall? on: January 05, 2015, 05:00:41 PM
If they open for trading but there's suspicion they're no longer fully solvent, withdrawing BTC will be the fastest exit. BitstampBTC may therefore trade higher than other market's BTC IOUs. 

What if the hacker sells the 18k BTC on Bitstamp? (if they're stolen)
15  Economy / Speculation / Re: What if Bitstamp was hacked - Speculation on: January 05, 2015, 04:33:28 PM
...
16  Economy / Speculation / Re: January 5th - Just bought 20 coins @ $277 on: January 05, 2015, 03:34:17 PM
I think we'll be over $300 before Friday.

Anyone want to bet me 1 BTC?

Don't you have the account on Bitstamp?
17  Economy / Speculation / Re: Bad news. Bitstamp trouble? Impact on price? on: January 05, 2015, 12:22:00 PM
I don't think as of now that Bitstamp really is screwed beyond repair. I'm still optimistic! I just hope they disable the pending orders before re-enabling the trading engine. I believe people may be tempted to sell their Bitcoins for FIAT in fear of not being able to get their BTC back!

Many were optimistic in the dawn of MtGox fuckpucinno.
18  Economy / Speculation / A new step in the system on: January 05, 2015, 11:06:48 AM
Centralized exchanges as we know them will die or change. This is a good thing. Exchanges along with their by-product, the 'speculator', shall die now. RIP.

Decentralized systems or multisig operations will take over.
19  Economy / Speculation / Re: Bad news. Bitstamp trouble? Impact on price? on: January 05, 2015, 10:26:48 AM
Speculators are again burnt by using a centralized exchange for a decentralized payment system.

I know Bitstamp's security and Ibelieve it's hard to compromise cold wallets but still, a big minus on the image of Bitcoin. Bitcoin will never take off unless ALL centralized exchanges die.

20  Economy / Speculation / Re: You are responsible for this on: January 04, 2015, 10:00:14 PM
Current time: April 2013. Lol. LOOOL
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 94 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!