I love bitcoin, but with the current trends I'm sticking to cheap stuff like gold and silver for now.  Yes, I too prefer to lose money on my investments. Wait, no I don't. |
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I will continue to buy my normal $ amount of bitcoin at a time, regardless of price.
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How will the price react on the Butterfly Labs scam when everyone finds out, I'm wondering.
It'll probably just suck for people who don't get an asci and things keep on trucking. If anything, the last 3 months have shown the market is no longer at the whims of scardy-cats and poor investors. |
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Buy and hold.
If you must sell, you'd be incredibly stupid to do so under $46.
I don't think it'd be incredibly stupid. Incredibly stupid was below $36 on the panic. No, that was unforgivingly stupid. |
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Buy and hold.
If you must sell, you'd be incredibly stupid to do so under $46.
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I know who Dvorak is. For Dvorak to criticize and characterize Bitcoin the way he does is not at all a "No Agenda" format. He's the Rush Limbaugh of the tech industry.
Dvorak's predictive abilities closely match Proudhon's I lol'd |
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Little nugget of fail there.
Mighty be a ponzi, check.
No one knows who started it and that's a problem, check.
Attractive investment now because it costs more, ok...
Order of magnitude(s?) off on the number of people who accept it.
Don't forget the "if you want to know more, go to wikipedia!" Was this done by a middle schooler? |
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Discuss...
1. New topic discussing week old news 2. OP makes no effort to make an OP. No. |
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Fiat on order book over 5 million, smashing the previous high.
Yeah, I noticed that too. Expect more dumping. I am now fully prepared to hit a new ATH. Thanks for the encouragement! |
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You think a show where they try to feign total fear of the government and being tracked by black drones at night they'd be able to one and one together.
Oh well, if they were any smarter then they are they would have a much better podcast.
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Within the next fort night! |
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We should do better than that, and create a speculation game/competition. Everyone starts with 100 virtual bitcoins (is that an oxymoron too?) and trades them using mtgox prices. After a few months, we see who comes out ahead.
That sounds like a fun idea, but also sounds like a lot of work and would be hard to keep everyone "honest". In any case, I'd play and just sit on my 100 coins  |
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"We're all going to die because our car is heading straight for a cliff ten miles ahead."
Umm, no. We'll probably turn the wheel sometime between then and now.
You don't know me! *Continues to drive straight ahead* |
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Fiat on order book over 5 million, smashing the previous high.
What is it that cypherdoc likes to say? The rash for digital grass! No....The mash for midgital brass? Closer.... The Slash of 1980's rock sensation Guns 'n' Roses? Yea, that sounds right! |
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Volume seems to be picking up though. Are people beginning to think that Mt.Gox can go 15mins without lagging out??
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It is also NO threat to BTC
Because, like I said, people will act in their own interests and ignore it. People are also acting in their own interests and are using it. We'll see, but I believe they aren't and, if they do, then they are unbelievable stupid. "Just can't wait to devalue all my investments!" Who says that? My evidence is laid out, is correct, and time will tell. /signing off |
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It is also NO threat to BTC
Because, like I said, people will act in their own interests and ignore it. |
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And you have just proved you have never even tried LTC. I have used BTC for quite a while and prefer BTC "only" because the network security is so much greater than LTC right now. But if all things were equal, I would much rather use LTC for its speed.
Also you are saying in a round about way because gold was used for trade before silver, we should just throw away our silver because its just a copy of what gold does better...pfft. You also have no idea of why LTC was created. Here is a hint and you think about it for a while: It was created to support Bitcoin.
Not good reading comprehension. Silver and gold are different because they are physically different. Like, the actual atoms. Different. You can say whatever reason you think "LTC was created for". I'm telling you what it will do. BTC right now has the leg up, the foundation, and actual creators and doers working for it. If you think LTC is the way to go because of the speed, then just wait for Super-LTC. Then Mega-LTC. Lighting-LTC. You're going to be chasing that forever and then realize no one gives a shit because the whole experiment is either dead, or everyone with BTC is laughing at you. One of the two, but I'd prefer the BTC option. Now, I want to make clear that I don't see LTC as a threat, or issue. I fundamentally believe people are smart enough to act in their best interests and completely ignore it. |
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Because they aren't the same thing? Try buy 1 share of LTC-GLOBAL with Bitcoin? you can't, you have to exchange BTC to LTC first, just like you have to exchange USD to EUR.
That has nothing to do with the functionality of BTC or LTC. At best, it's hoping that you can split the Internet into two camps and one half will accept only LTC and the other BTC. There's no fundamental, technical reason any site you point me to COULDN'T take BTC except they "just don't feel like it". This will only draw away from the total user base of BTC and promote the problem of "Why should I buy any crypto-coin if so-and-so 12 year-old is just going to make a new one and devalue my coin and make me switch over". I don't know if you realize it, but you're just diggin' a deeper hole for yourself here. |
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Well it's on the up at the moment, anyone care to call the top before it drops ?
I don't know but those $2,5mil worth of asks sitting at $50 sure as hell look menacing. I would expect a lot of that wall to melt away as we get closer to it. "Why sell for $50 if I could sell for $51?" |
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