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Jealousy.
*ErghhhCOUGH!* Excuse me, gentlemen. Good morning  Good morning sir! Always encouraging to see you post new content. A very astute visual depiction of your (the old man) effect on this thread (the young child) I take this to indicate that cheaper coins are imminent, correct? |
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... Today we are seeing an text-book bear flag (sym triangle with slowing volume) indicating lower levels in an Wave 4 Elliot Cycle. Sure it could rebounce, but that chance would be 40/60, so my bets are on bear until I see a rounded bottom or similar reversal indication.  Based on your triangles closing, I would assume another day (or so) at current levels, followed by large dumps to 170$+ levels. Am I terribly wrong / bear-ish ? What I see there, is that the volume increases as the price drops. Could be an indication that a bottom is being discovered. Also, volume dropping on price rise leads me to think that many are relatively happy with their current holdings and only looking to accumulate on the dips. Until there is an influx of new participants that do not already have positions in this market, I do not think price will rise dramatically. If this influx of new blood does indeed happen, I would expect that the long term holders that have been suffering this market will not be willing to give up their coins cheaply. Personally I think we could see sideways/downward movement for many months to come. It would be the preferable situation for anyone looking to accumulate more coins. "As low as possible for as long as possible" |
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Ok, I don't have time to catch up or stay current with the thread right now, but the following quote made me think. Bitcoin tutorial for buying stuff :
Instead of buying things directly and easily with your fiat which is way too simple and convenient, be original, use it to buy bitcoins (if you manage to find a way to do it) and then pray for it not losing 20% of its value during the time you'll make your purchase.
Done. See easy.
Bitcoin business :
Bitcoin is the ideal currency for opening a safe business. It's proclaming itself as a currency but it's way much more, guess what, it's behaving like a friggin asset, you'll love the volatility ! Secure your business and accept bitcoin now !
Be part of a new world of freedom, be part of the ponzi !
Society is crumbling. Do not try to fix it. It is broken beyond repair. Trying to achieve "Mass Adoption" is a waste of time and is counter productive. It's time to move on and simply leave the rest behind. |
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Both sides agreed to make the sale because the price was plummeting, all the ruling will determine is who gets the profit from that sale.
Interesting, let's assume that the coins sold for an average of 300 bucks each, so 15 million dollars... Do you think 15 million dollar market buy today would get you more than 50,000 bitcoins? Or less? |
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...
Many many People, companies and national governments owe an extremely large amount of money that they can only make payments on by taking on new debt. If credit dries up, it presents a systemic risk that can only be halted by massive new liquidity injections from the central banks. ...
Who is the lucky guy all this debt is owed to? [...] It's owed to banks. These banks lend money to almost anyone and when it gets paid back, they keep the interest (profits), but when it doesn't get payed back, they run crying to the central banks for a bail-out. And they get a bail-out, which is why when the dust settles they go right back to loose lending standards. Privatized gains and socialized losses. It is a major reason why we are trying to create an alternative. *well put, best thing I've read on here for days. |
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In the mourning wall observers!
Now that a pack of smokes costs more than 0.05 btc I finally have the incentive to quit!
A silver lining behind every cloud, I guess.
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What would the price be if bitcoin were used as the agent for clearing international trade?
I don't know how much space there is for bitcoin in that field. In large trades the two parties know each other and are backed by their respective countries, so they can rely on mutual trust (if one party defaults, that country's trade suffers) or trust in a third party (UN, WTC, International Court, US Navy, etc.). Also, much of that trade seems to be done on credit anyway. And volatility is going to be a big problem: one can forgive a 5% loss in a 20$ purchase, not so much in a 2 billion $ purchase. We would have to wait for some examples of such use, before we can guess its potential growth. China importing 10 million frozen pizzas from Italy perhaps? Mmmmmmmm, pizza........ |
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Come on lamb chop, this is some historic shit happening right now!
Can't you come up with something new?
If it ain't broke, why fix it? Touché |
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Come on lamb chop, this is some historic shit happening right now! Can't you come up with something new? |
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[...] as always never, ever spend more that you are willing to lose completely.
Words of wisdom. I'm probably a little too excited to be picking up coins at these prices, but I fully understand the risk involved. It's quite possible that there is no bottom and I'm just throwing money away right now. It's also possible that this is all just a dream and I'll wake up tomorrow and happily go slave away at work tomorrow like always. Such is life. |
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Bam, and a new low on Houbi and OKCoin.
Anyone brave enough to fill their boots right now?  All over it, just hope my "boots" get filled. |
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Bam, and a new low on Houbi and OKCoin.
Nice! Perhaps those silly Canadians will follow suit and take my bid at 290 as well? |
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Everyone busy gobbling up these cheap coins?
Yup!  How about you shroomsy? You cleaning up as well? |
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...Also, pretty nice little dump on finex just now.
... Stamp's not doing too shabby either. Virtex too! My 303 bid got almost totally eaten! WOOT!! |
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Thanks. Also, pretty nice little dump on finex just now. Cheap coins incoming? |
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^ They prob'ly also stopped paying *you* for the sig  No. They are continuing with the sig campaign  They can do it without me Edit: I hate when scammers turn me into a moralfag:/ Just for the record, what company was it? |
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So, one of the biggest mining pool stopped mining.
This is actually good news™?
They didn't stop mining, they just stopped giving the coins out to the paying customers. Price matters. |
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