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1101  Economy / Speculation / Re: New target is 960-980 on: January 27, 2014, 09:26:19 PM
If anything TA threads are the only thing in this board where a normal discussion is even remotely possible. I try not to make fun of it.
1102  Economy / Speculation / Re: New target is 960-980 on: January 27, 2014, 09:13:10 PM
ok your loss (or gain, whatever)

What's the point of this thread btw?
1103  Economy / Speculation / Re: New target is 960-980 on: January 27, 2014, 09:07:23 PM
Did you at least buy a new apartment yet?

Why an apartment?

IDK that's what I would get.
1104  Economy / Speculation / Re: New target is 960-980 on: January 27, 2014, 09:04:31 PM
Did you at least buy a new apartment yet?
1105  Economy / Speculation / Re: Will they or won't they... on: January 27, 2014, 08:59:09 PM
Is bitcoin banned in China, Thailand, Russia, USA or Argentina? Who knows?  Cheesy

Can you move your money out of the bank at HSBC? From Mt. Gox? At Chase bank? At Lloyds? In China? Probably!  Cheesy


There's a lot of systemic failures and cryptocurrency bans, followed by retractions and wind-back announcements of the exact same events.

What's the big idea here, maybe get everyone used to not knowing whether the financial system is working on a given day, then one time it just stays broken for a few days... then for the following week...

Will bitcoin get banned, unbanned, then slightly less banned (mumbled from behind someones hands...), then finally perma-banned? And yet simultaneously, the only money system that's still functional? Is this the death throes, or just the best way of letting everyone know that financial system 1.0 is dead (i.e. not announcing it per se, just sort of demonstrating it...)
USI
1106  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:50:38 PM
I can make a paper model for you if you'd like.
1107  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:40:36 PM
Fair point, but then I don't think anybody really knows what to make of it yet.
1108  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:30:15 PM
Ok I apologize for the 10% figure, if you are interested how I derived that I looked at the percentage scale btc-e chart, on tradingview and the lower candlewick was at -10%. Now here is a task for you: find out the time of Charlies arrest, compare it with the chart and derive the real magnitude of that dump.

But then you could stop nit-picking and address the centerpoint of the issue: Charlies arrest made the price of Bitcoin go down, which is kind of dumb.
1109  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:23:07 PM
This is still bullshit. The 1 hour candle goes from $800 to $750 on there, same as stamp.

Insider trading hurr durr.
1110  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:22:12 PM
I give you that as long there is 20% spread between exchanges 10% isn't really significant.
1111  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 08:08:42 PM
hahahahahahhahahaha

that's all I can say atm.


ok, I've calmed down a bit and to make this not an entire shitpost I'd say this:

Some economy we have here where the mere arrest of one prominent figure can make it tank 10%.

Citation required on 10% drop.

Citation also required on the correlation of the market drop and fundamental events.

This forum...

Wrong in 2 threads simultaneously? Usual Mucus.

I trade on btc-e where it was about 10%, and I don't think you'd get any different data than I did, now I didn't compare the exact times now if you care to nit pick and come with a figure of 9.123456789% go ahead.
1112  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 07:41:21 PM
Quote
The criminal complaint says that Shrem, in addition to knowing that Faiella's business was funneling money into Silk Road, also used Silk Road himself to buy drugs, including marijuana-infused brownies.

lol charlie, I feel so sorry for you.
1113  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 07:36:11 PM
Let me ask you something, why the hell is bitcoin tanking after such an announcement if we have this entire economy behind it?

"Tanking"

I don't think that word means what you think it means.

"GOLD SLAMMED AS IT MOVES $5"

well 10% in a few minutes is pretty serious, even for us.

~6.25%, from which it's recovered to ~1.5%. Yawn.

lol gox.
1114  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 07:34:56 PM
Yeah the same thing happed after SR got busted so I guess we're up to da moon, right?
1115  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 07:32:24 PM
Let me ask you something, why the hell is bitcoin tanking after such an announcement if we have this entire economy behind it?

"Tanking"

I don't think that word means what you think it means.

"GOLD SLAMMED AS IT MOVES $5"

well 10% in a few minutes is pretty serious, even for us.
1116  Economy / Speculation / Re: Charlie Shrem, the Vice Chairman of Bitcoin Foundation Arrested on: January 27, 2014, 07:30:27 PM
Let me ask you something, why the hell is bitcoin tanking after such an event if we have this entire economy behind it?
1117  Economy / Speculation / Re: Russia central bank bans Bitcoin on: January 27, 2014, 07:19:19 PM
Bitcoin is a homosexual conspiracy. The blockchain turns Russian children into gay lords overnight. A ban was always going to happen.

Finally, somebody gets it!
1118  Economy / Speculation / Re: CEO of BitInstant arrested. on: January 27, 2014, 07:07:02 PM
hahahahahahhahahaha

that's all I can say atm.


ok, I've calmed down a bit and to make this not an entire shitpost I'd say this:

Some economy we have here where the mere arrest of one prominent figure can make it tank 10%.
1119  Economy / Speculation / Re: Today BTC = $800, $9200 to go and why 10 BTC will never make you rich on: January 27, 2014, 03:57:10 PM
That's hardly a buzz, and even if it was, "oh there's only 21 billion" would also be a buzz

millions sounds rare and exclusive hence why it incentives people to hoard so much.. billions or trillions on the other hand start to sound more Zimbabwean.

lol dogecoin
1120  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a bubble - Nobel Laureate in Economics on: January 27, 2014, 09:38:35 AM

Cryptocurrencies are an idea and Bitcoin an open source proof of concept.

It is free.



FTFY
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