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1121  Economy / Speculation / Re: Why bears are so worried about the financial loss of bulls? on: January 27, 2014, 09:31:24 AM
Cuz I'm evil.
1122  Economy / Speculation / Re: Nothing at all will happen on january 31st. Please stop talking about it on: January 27, 2014, 09:13:07 AM
The bitcoin community thinks only payment processors, not banks are affected. But that's not the only interpretation.

http://imgur.com/c6NANbM (screenshot of live tweet)

http://coinchomp.com/2014/01/26/live-blog-north-american-bitcoin-conference-day-2/

http://www.linkedin.com/in/malcolmcasselle (profile of speaker at Miami bitcoin conference 1/26/14)

this is happening live at the Miami bitcoin conference. 

Quote
“They also said that Banks could not perform withdraws for the purpose of Bitcoin purchases, [...] that sent a chill through the bitcoin ecosystem”.

is that referring to withdrawals for bitcoin purchases at exchanges or something else?  however, it's already explicitly stated that you can not price things in bitcoin.  im starting to think this is referring to exchanges.

Quote
Malcom Casselle: “… China made it illegal to price things in Bitcoin… ”


Quote
Malcom: “So that’s the current state in china – you’re not allowed to use 3rd party payment provider, you’re not allowed to deposit money into your Bank account for Bitcoin.”

1123  Economy / Speculation / Re: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! on: January 27, 2014, 08:44:54 AM
The Nobel Laureate pronounced that bitcoin was a return to the dark ages because at present there is very little clarity surrounding the crypto currency.

Wow.  Pot meet Kettle.  Only an economist could think the alternative has more clarity than bitcoin.  Maybe it's because I have a CS degree and spent 5 minutes reading the Bitcoin whitepaper, and he only know economics.  In fact, he spent about a decade getting that all "clear". Roll Eyes

Both systems are machines.  Bitcoin just replaces the soft squishy parts with math.  This adds clarity, IMO, since the squishy parts are known for their fickleness.

Since when does that make you qualified to comment on economic issues? And no just because it's easier for you to think about the financial industry as a machine doesn't make it right.
If you are a scientist you'd know that making statements about other fields outside your profession is not only frowned upon but also a very stupid thing to do.
1124  Economy / Speculation / Re: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! on: January 27, 2014, 08:43:27 AM
There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel
orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences

Did you click that link or just paste it? Smiley

I did both, either way you are right that there isn't called something like a "Nobel price for economic sciences" but it isn't "only a price sponsored by a big bank in Sweden" either.
1125  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a bubble - Nobel Laureate in Economics on: January 27, 2014, 08:26:36 AM
The impact the fax machine had on business was pretty serious, in that way krugman was right.

Some of you weren't around in those early days of the (public) internet, but let me tell you on the height of the dotcom bubble so much of this bullshit was going on that krugmans quote entirely makes sense in that context. People claimed to be in a new paradigm where accounting and business models do not matter any more. It was an "idea guy economy"...



On the topic, you guys seem pretty mad about that, eh?
1126  Economy / Speculation / Re: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1 on: January 26, 2014, 11:53:47 PM
I like how that coincides with the deadline.
1127  Economy / Speculation / Re: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! on: January 26, 2014, 11:41:13 PM
There is no nobel price for economics.. there is only a price sponsored by a huge bank in sweden named after nobel
orly?
http://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences
1128  Economy / Speculation / Re: Noble Prize Winner who predicted Housing Bubble: Bitcoin is a bubble for sure! on: January 26, 2014, 11:22:46 PM
Robert Shiller, Yale Professor of Economics, and two other professors from the University of Chicago - Eugene Fama and Lars Peter Hansen - won the Nobel Prize in 2013 for their research into market prices and asset bubbles.

Beargasmic!
1129  Economy / Speculation / Re: January 31st, Will China ban exchanger's bank transfers funding methods? on: January 26, 2014, 09:10:41 PM
When it is proven that someone has spread false information intentionally, there should be a scammer tag applied.

uh, uh, uh, look who's mad! Grin
1130  Economy / Speculation / Re: Google looks into accepting Bitcoin... on: January 26, 2014, 08:44:34 PM
Not new, registered almost a year ago. I just lurk. There's some really intelligent discussion on these forums.. but also some serious trollage.

Regardless, maybe Forbes and Wired and Vice and all of them are foolish enough to fall for my evil genius hoax(?!).. and you in your infinite wisdom are smarter.  Cheesy

you are the one smug about it.

For all I care it's all bullshit, the emails, the article, the disputing and your association with the whole thing.  Roll Eyes
1131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2014, 08:43:11 PM
lol @ ignoring proudhon
1132  Economy / Speculation / Re: Google looks into accepting Bitcoin... on: January 26, 2014, 08:32:13 PM
Blah, blah, blah it's always the same with this kind of stuff. You got busted, and if google hadn't used the same exact terminology to deny it there would be a margin for interpretation.
But now there is not.

This is what the rest of the world thinks, and of course there is broad support in this forum for this kind of hoax, but they'd cheer for everything as previously mentioned.

Excuse me.. busted? Busted doing what exactly? I think vindicated is a more appropriate word. Are you suggesting the emails were fake and Sridhar didn't say what I attribute?
take a hint.

Taking credit for something like that in form of a new bitcointalk forum account and posting here, on the speculation forum can also have to do with it, maybe.  Grin
1133  Economy / Speculation / Re: Google looks into accepting Bitcoin... on: January 26, 2014, 06:44:39 PM
Blah, blah, blah it's always the same with this kind of stuff. You got busted, and if google hadn't used the same exact terminology to deny it there would be a margin for interpretation.
But now there is not.

This is what the rest of the world thinks, and of course there is broad support in this forum for this kind of hoax, but they'd cheer for everything as previously mentioned.
1134  Economy / Speculation / Re: 2014 Record breaking 30 minute volume to drive Bitcoin from $820 to just $836 on: January 26, 2014, 05:09:14 PM
Don't try to move the market you idiots, try not to...
1135  Economy / Speculation / Re: How much longer will Mt.Gox exist before they´re out of business? on: January 26, 2014, 03:36:27 PM
Mtgox is out of business already. It only takes some time for the brain to realize.

This has to do with plasticity and physiology of the human brain.

Some people have faster neurons though.



As long as people wire them cash there in business, period.

You make me laugh, you think someone wires them money? seriously?

Did you?

Gneeheehee
My posts are usually slightly humorous.
And no, I didn't wire them money but there is always somebody who does. And if they are insolvent and still operating, again their business model has changed, now if you don't get that....
1136  Economy / Speculation / Re: How much longer will Mt.Gox exist before they´re out of business? on: January 26, 2014, 03:15:33 PM
Mtgox is out of business already. It only takes some time for the brain to realize.

This has to do with plasticity and physiology of the human brain.

Some people have faster neurons though.



As long as people wire them cash there in business, period. It's just that their business model that may have changed...
1137  Economy / Speculation / Re: How much longer will Mt.Gox exist before they´re out of business? on: January 26, 2014, 02:41:46 PM
they will be around much longer and will continue to play an important role in the market, the spread won't grow much larger than 35%, and maybe we even have seen the highest spread already.
1138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2014, 01:06:17 PM
bids on gox are running away.
1139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2014, 01:03:00 PM
lol and Huobi is moving down.

You know it's getting bad when you've got your eyes glued on the minute scale!  Cheesy

continue to pay >0.5% fee sucker.
1140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2014, 12:40:11 PM
lol and Huobi is moving down.
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