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1601  Economy / Speculation / Re: I told you Bitcoin would collapse and now I will tell you why on: January 14, 2015, 02:17:18 PM
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1. There are no services that make it easier than existing systems yet, we are still in the early internet days of Bitcoin or crypto in general.  These things take time, but I do know there are lots of people busy working on this and there is progress.

Six years old.  Still in beta.  Development stalled.  Hardfork being discussed to patch the 7tps absurdity.  What the fuck have they been so busy doing?

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2. It's already cheaper (and faster) if you want to send money across borders. It's also cheaper for merchants than any other existing system, which is why microsoft and many others have been adopting it the past year. You think they're all mistaken? They wouldn't do it if they didn't see any advantages over the existing system.

Microsoft has not adopted Bitcoin, it has accepted a new payment processor, i.e. a free way to (possibly) get more dollars.  Microsoft still accepts real money just fine, so again no, it does not see Bitcoin's "dvantages over the existing system."

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3. Depends what you mean exactly with reliable, this is highly subjective. For me it's very reliable and fast.

Yeah, and Down Syndrome child is brilliant to its mother.  Not to too many other folks, tho.

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Anyway lots of services have sprung up around Bitcoin this year and this is only accelerating, look around yourself I would suggest instead of me doing all the work for you. There is a big world out there outside of the speculation forum.

So you got nothing.
1602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 02:06:05 PM
I'm sure that it's good that this drop is happening.

I'm pretty happy, though I'd enjoy this more if the pace picked up a bit.  -15% in 24 hours is pretty meh.

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Drop is caused by large influx of stolen coins (probably from Gox theft) to exchanges.

Aha.  Well, we could easily verify this with blockchain, the public ledger.  O wait...

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In some way, scammers are returning stolen coins to community.

Sorta.  They're selling you your coins back, so that they could steal them again, rinse, and repeat.

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When they are done, community will control those coins and things will be more stable and optimistic, unless some other bitcoin company is hacked, but I'm sure that they got more mature by now.

Yup.  Bitstamp.  Run by a couple of mature-for-their-age Slovenian kids. Hax0rd about a week ago for a few mil.
1603  Economy / Speculation / Re: BTC below $200 on: January 14, 2015, 01:57:18 PM
I sure didn't see this coming but will ride it out. Just wonder if it's just the dynamics of Bitcoins for the future?

Bitcoin--Sound Money That's Full Of SurprisesTM
1604  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 01:52:33 PM
For Emperor Nakamoto!

1605  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 01:26:47 PM
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Art, Beanie Babies, Bitcoins, it's all the same, just a bunch of stuff that cultists like to collect, except art and beanie babies have no use case. Collecting art is even more stupid than collecting bitcoins.

Beanies:  Soft and snuggly.
Art:        That's what separates man from swine.
Bitcoin:   Wastes electricity to make libertards feel special.
1606  Economy / Speculation / Re: I told you Bitcoin would collapse and now I will tell you why on: January 14, 2015, 01:20:32 PM
Monumental hubris.

That's what ultimately doomed Bitcoin. Too much circlejerking about how Bitcoin is worth $xxxx and not enough effort to add utility to Bitcoin as a currency to make those numbers realistic.

You're not wrong...
1607  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 01:18:14 PM
When/where will we stabilize?

1608  Economy / Speculation / Re: $350 is VERY important... make it or break it level on: January 14, 2015, 12:45:37 PM
DING DING DING !!!


~ One more week to accumulate.

One week!?  Shocked

I'm hoping for another year to accumulate  Angry

You got your wish Smiley
1609  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 12:42:32 PM
fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

Ah, thank you. You fucked everybody else because you're a moron.
Why do we have to pay for your carelessness?
My shit has never been hacked, and if they do they can't find anything.

i pay fees to my bank man. Agressive bitcoin lunatic.

Fees don't cover the loss.

That's right, banksters simply take the losses out of your account.

That's not even necessary, they just type in some numbers and voila, problem solved.
Let the remaining fiat supply pay the price Smiley

I see those ghoulish banksters already ate your brainz Sad
The tinfoilhattery of bitcointalk never ceases to amuse, tho.  Carry on Smiley
1610  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 12:38:47 PM
Is crypto done??  Huh



Hard to say at this point...

1611  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 12:31:32 PM
fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

Ah, thank you. You fucked everybody else because you're a moron.
Why do we have to pay for your carelessness?
My shit has never been hacked, and if they do they can't find anything.

i pay fees to my bank man. Agressive bitcoin lunatic.

Fees don't cover the loss.

That's right, banksters simply take the losses out of your account.
1612  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 12:17:15 PM
Has anyone ever considered it may be the very people that print the dollars that dump bitcoin?

More food for thought:  Central banksters created Bitcoin to discredit their detractors.
1613  Economy / Speculation / Re: Automated posting on: January 14, 2015, 12:05:42 PM
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Bitstamp

Explanation: Someone left the cake out in the rain Sad

1614  Economy / Speculation / Re: Bitcoin RIP, the day bitcoin died- 3 January 2009 - 13 January 2015 on: January 14, 2015, 11:55:08 AM
With all this deep selling and presumably converting bitcoins to currencies, one does wonder whether the exchanges have enough USD$, Euros, Yuan, etc to cover all withdrawals.  Are all major exchanges independently audited, including exchanges in China?

Nah, we don't even know who owns some of them or even where they're locations.  Bitcoin's "infrastructure" is a fun mix of neckbeards from mom's basement & totally legit d00ds from the internet.
1615  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 11:42:46 AM
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I think the reason the pattern has altered this time is the addition of leveraged buying and selling, which I feel has magnified the moves and allowed a greater degree of 'manipulation' of the price than simple buying and selling previously...

People interested in making money finding ways to ...make money?  The hell's going on in this world?!
1616  Economy / Speculation / Re: Thank You Whalebears! on: January 14, 2015, 11:25:15 AM
Dear Whalebears,
... I raise a glass to you fine Sirs!

HODL!

To all my friends!



Stay gullible and delicious, bulls!
1617  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 11:16:28 AM
Satoshi overturns the tables of money changers in The Temple of Bitcoin.



Feel His wrath, gentlemen, for He is a jealous and vengeful God!
1618  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 11:04:02 AM
This is absolutly crazy but maybe we have seen a bottom at $200 USD now.
I just read that the difficulty just rose to 43,971,662,056.09 the other night, this with the low price can mining be substained for much longer.

2 questions, If something could be done to stop this ship from sinking, like some back up plan Gavin might have,
1. What might that plan be?
2. Who would have the final decision if some big change was decided?

Lol, love seeing supporters of P2P unbacked decentralised currency asking what "they" have planned to save this Titanic Cheesy
1619  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 11:01:20 AM
...Also having the courage to take a position when the time is right. And that opportunity window may only be a few minutes.

Bro, you've been "all in" since the top of the bubble & never sold AFAIK.  Where do you get this "when the time is right" crap when you've been so consistently & hilariously wrong for over a year? Cheesy

For just over a year.

Welcome to the forum, newfriend.
You're clearly young, so let me give you a helping hand:  A trader who has been consistently wrong for over a year is a useless trader.
Never take advice from a trader who has been wrong for over a year.  Listen to psychics, to your cat if you must, but ignore the idiot who has been wrong for over a year.
If you have any more questions, just go ahead and ask Smiley

Yes, and the troll with no conviction except one to criticize others is certainly someone you should listen to.

Correct.  Nothing dumber than listening to a butthurt idiot talking his book & failing.

Nothing worse than watching someone with talent waste it. It's time to take responsibility for your life, lambchop, whoever you are.

If I prevent just a few rubes from losing their money in this scheme, my time here is well-spent.
Even if I fail to instill the rudiments of financial acumen into you and your ilk Smiley
1620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussi on: January 14, 2015, 10:56:01 AM
Right. Stash increased by 20%. Thank you bears. First bit of trading I have done for a while.

If lambtroll could tell us his predictions going forward that would be great. Need to know if he is just a broken record or not.

Sure.  Look for a pattern developing.

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