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2128
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Bitcoin / Bitcoin Technical Support / Re: How to forward port 8333 through TOR?
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on: October 19, 2011, 02:17:34 AM
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I have a static network IP address not a static internet IP address. I'm trying to do this because I've read multiple times on the forum to forward your IP if you want to boost the number of your connections. I probably don't know what I'm talking about but I'm fairly sure from what I've read there is no need to publish my internet IP so people can connect.  didn't bill gates once say 8 connections should be enough for anybody? |
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2130
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Bitcoin / Bitcoin Discussion / Re: Mass panic buy when reaches $1?
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on: October 19, 2011, 02:10:41 AM
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i was saying in another thread that it might spike lower than $1 but now i'm not so sure...
because if you're prepared to buy 10k and i probably am too and possibly a few others would bulk buy at $1 then the price is going to have a heck of a fight pushing through that barrier.
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2131
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Bitcoin / Bitcoin Discussion / Re: MtGox: Green address option
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on: October 18, 2011, 10:05:39 PM
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Does this work both ways? Or only for withdrawals?
For now it works for withdrawals because mtgox is supporting the green address idea. As I understand it, it could work for deposits only if other providers ( from where you send btc ) also support/use the green address feature ( and mtgox trust this "other provider" green address ). they just have to trust it on a scale from 1 to 6, and knock off some required confirmations accordingly  |
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2132
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Economy / Speculation / Re: Bubble not yet popped
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on: October 18, 2011, 12:57:32 PM
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What the bottom will be is a good question and it's an important question for many. We're reaching the stage where most of the bears are slowly starting to think about actually missing the bottom which means the bottom will undoubtedly be higher than what the majority of bears think it will be.
Now, my personal bet is that it'll be somewhere around $1.x, that's as detailed as I can be because otherwise I would reveal my positions. But it's possible that if everyone thinks it'll be at $1.5, maybe then $2 never breaks. This is why it's smart to use multiple buy-in points while buying back because you simply can't know what will happen.
If enough people use gradual buy-in points starting from around $2, there will be quite heavy support at $2 already. And to be honest, selling is more and more unattractive the lower we go. I recently talked to some of my friends who didn't sell at $4 and are now in a difficult position, none of them are about to sell any coins and will hold as long as it's needed.
This will be the thought pattern for many because everyone knows Bitcoin doesn't go to 0 and is actually quite unlikely to go below $1 due to the fact that even small players can buy serious amounts of coins at that price and we definitely have a large amount of small players willing to buy at that point.
Regardless, the lower it goes the more stupid selling feels for any bag holders. But it's interesting to see what happens.
i think it could easily go under $1 because the market always overshoots. So even if a sustained 'bottom' is supposedly $1.x... it'll still spike down briefly and pop back up. |
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2136
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Bitcoin / Bitcoin Discussion / Re: Chase Bank to offer deposits for MTGox
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on: October 18, 2011, 01:38:47 AM
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It isn't a transfer.
It's a cash deposit.
You can't "un-deposit" cash at a bank.
heh "un-deposit"... otherwise known as "withdraw". I don't think you understand how this works. You are making a cash deposit into MtGox's bank account. Last time I checked, most reputable banks will not let you "withdraw" money from somebody else's bank account. Maybe you know about some secret I don't? oh, i understand how it works, you can only "un-deposit" from your own bank account. i just thought the new term was funny, when we already have a perfectly good word for it already. |
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