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421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2015, 08:50:25 PM
Bitcoins are not a natural resource, they are a built in example for the proof of concept software that is called Bitcoin.

Smiley Numbers are not natural that is for sure Smiley

Not numbers, information. You missed the point btw.
422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2015, 08:38:06 PM
Bitcoins are not a natural resource, they are a built in example for the proof of concept software that is called Bitcoin.
423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2015, 08:33:28 PM
...
This is just the beginning of the great rally of 2015.

"We choose to go to the moon. We choose to go to the moon and do other things"--Satoshi Nakamoto



Can you imagine if the airline industry was trying to start out on the principles of this contraption? Yeah, that's what is happening with Bitcoin and the Captains of Industry here.

Can you imagine a smart guy being around in this forum since 2011 knowing all along that bitcoin is a fail ? 7000 posts later he is still telling the same old story.  Smiley
You are misinterpreting my post.
Bitcoin is incredibly successful, like the wright brothers plane. But for the purposes of an airline industry they would be as useless as this experiment right here.

The fail lies with the cultists trying to push a prototype into production.
424  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2015, 06:52:14 PM
...
This is just the beginning of the great rally of 2015.

"We choose to go to the moon. We choose to go to the moon and do other things"--Satoshi Nakamoto



Can you imagine if the airline industry was trying to start out on the principles of this contraption? Yeah, that's what is happening with Bitcoin and the Captains of Industry here.
425  Other / Meta / Re: Petition to get rid of the default trust system on: February 07, 2015, 03:46:07 PM
8: Prior to Nubbins starting his free marketing campaign for me, i was doing good to have made somewhere in the ballpark of around $40,000 in sales to bitcoin clients. Thats measuring from November when i made the first piece for Blazedout419 until January 19th when nubbins started in. Since mid January up to tonight i have made an additional $51,000 in sales. Thanks to you idiots i have made more in two and a half weeks then i could have done on my own in 3 months.

Joke's on you I've made $87,654 in sales this week, what do I do?
I sell posts like yours to Bollywood, they like them so much they are pressing me to encourage you post even more threads like this.
426  Economy / Speculation / Re: The hardfork will make Gavincoin plummet to zero on: February 07, 2015, 03:11:58 PM
sad to see the responses here.. check here for reason

https://bitcointalk.org/index.php?topic=946745.0

upgrade yes.  bloat, no.  we're no where near any limits and markets SHOULD decide themselves.  

please lets not let others abuse the bitcoin blockchain.  btc blockchain is for btc transactions ONLY.
It's for anything miners include into a block

That's how Bitcoin works, miners can include anything they want into blocks and the only mechanism bitcoiners have to incentive them is including fees.
As far I know there is no mechanism in place to ensure data in the blockchain contains any transactions at all. It could be just my personal photos I'd want to be backed up and if I pay enough fees miners will probably add them to the blockchain.

You can argue there should be such a mechanism ensuring blocks are made up of transaction data, and I'd agree. That would require yet another hardfork.
427  Economy / Speculation / Re: The hardfork will make Gavincoin plummet to zero on: February 07, 2015, 01:34:19 AM
Let them do it, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.

interesting approach

What you describe there is certainly not the bitcoin people sign up for today though.

But i'll probably personally really take the approach of sitting back and relaxing. Speculating on alts just became a lot more rational.

I'm pretty confident the original Bitcoin chain will live on for decades though.


Here is the thing: Nobody required them to to sign up for anything, not satoshi, gavin, the bitcoin foundation or mark karpeles.
And it does matter what people decide to be Bitcoin in the future, innovations don't happen inevitably. It happens only if a majority of the people realize they need it and if the people who have the necessary skills to innovate decide to work on it.

Take things like the electric car or the electronic cigarette. The concepts were around for decades but they started to become a thing just a few years ago. That happened not because an inevitable trend but because a few people decided to do it and many others saw how good it is and started using it.
428  Economy / Speculation / Re: The hardfork will make Gavincoin plummet to zero on: February 07, 2015, 01:20:38 AM
Let them do it, set the precedent, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.
429  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2015, 11:14:41 PM
bitfinex shorters going full in.
430  Economy / Speculation / Re: Emotional on: February 06, 2015, 07:47:29 PM
In fact, I have a sign hanging above my monitor that says NO, IT IS NOT DIFFERENT THIS TIME. It has saved me multiple times from making stupid trades.
It's the first time price broke below the previous ATH after making a new ATH.


That doesn't mean shit

It makes this a vaild EW count:


If it is a "valid EW count", then the Bear can end quickly, and new up-waves will begin.
If not, then '2 to 5' is a single wave (with a correction), and we still have another huge up-move coming soon.


It is valid, I asked around before about that before. But you are right it's not the only valid count the one you are proposing should be valid too, the correct one can not yet be determined.
However if this count comes to pass and we have ABC corrective waves with A at around ~100, then would wave B not create a new ATH and wave C would take us below 50 before a new bull market finally gets established.

If you are right and my wave 4 is simply a sub-wave of wave three we should go up any time now, right.

I have no idea which one will come to pass, I was simply stating that the price tanking below 250 can be significant and it means something.
431  Economy / Speculation / Re: Emotional on: February 06, 2015, 10:57:21 AM
In fact, I have a sign hanging above my monitor that says NO, IT IS NOT DIFFERENT THIS TIME. It has saved me multiple times from making stupid trades.
It's the first time price broke below the previous ATH after making a new ATH.


That doesn't mean shit

It makes this a vaild EW count:
432  Economy / Speculation / Re: Emotional on: February 05, 2015, 11:50:47 PM
In fact, I have a sign hanging above my monitor that says NO, IT IS NOT DIFFERENT THIS TIME. It has saved me multiple times from making stupid trades.
It's the first time price broke below the previous ATH after making a new ATH.

For the first time in history, Bitcoin fundamentals are finally strong enough to justify a price of $50, $100, or even higher. The old highs were based on pure greed, and the new ones will finally have some grounding in reality.

Fundamentals change, for better or worse. And they aren't really subject to trends as much as speculators would like.
433  Economy / Speculation / Re: Emotional on: February 05, 2015, 11:42:27 PM
In fact, I have a sign hanging above my monitor that says NO, IT IS NOT DIFFERENT THIS TIME. It has saved me multiple times from making stupid trades.
It's the first time price broke below the previous ATH after making a new ATH.
434  Economy / Speculation / Re: Buttcoin: Series K. on: February 05, 2015, 11:02:30 PM
$1000 - $100 Series K, from Mark Karpeles pump & dump genius and bitcoin supervillain.
435  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 09:12:00 PM
Bitcoiners, this could be you in a few years:



https://twitter.com/imgur/status/563232496846766080



"A divorcing couple divides their Beanie Baby investment under the supervision of a judge"

Where is bitchick?
436  Other / Meta / Re: Petition to get rid of the default trust system on: February 05, 2015, 08:59:15 PM
Lord, i almost have to feel sorry for all of you, its so pathetic. You spend hundreds, some of you thousands of hours fighting for your virtual popularity. Seeking the approval of other virtual persons and all it takes is one man, willing to poke the hornets nest, to call you all on your antics, the pathetic campaign for virtual approval and every single one of you has to rise up to try and defend your positions. You have to spend even more hundreds of hours trying to defend your points. All the while really only proving that most everything that i, the guy poking the hornets nest have said is completely true.

...
tl;dr

I'm not really interested in what you are raving about, I'm mainly here to laugh at you.
But let me tell you this: The reason not to do "business" here is not the lackluster reputation system but the toxic "community" here. This is because the melange of political delusion and Internet tough guy attitude. And you are a prime example.
437  Other / Meta / Re: Petition to get rid of the default trust system on: February 05, 2015, 06:36:04 PM

Try this, you can prove within a high amount of certainty that it actually the same camera.
The more images you have the less statistical margin for error.

http://33bits.org/2011/09/19/digital-camera-fingerprinting/
438  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2015, 12:03:29 AM
Yeah I'm sure many prospective buyers can't wait for the chance to increase the value of DPRs coins which now officially belong to the FEDs.

What exactly are you going on about?

Well the rest of his Bitcoins are bound to be somewhere.


I would buy some shares in microsoft but I won't because it will push up the value of Paul Allen's holdings..

Not really much of an argument.

What the DPR articles do is bring bitcoin into the MSM again for average joe.

Well your problem is your sales pitch is made by tailored to Libertarian types and there are only so many of the caliber of Tim Draper.

And no you wouldn't buy shares of Microsoft.
439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2015, 11:51:03 PM
Yeah I'm sure many prospective buyers can't wait for the chance to increase the value of DPRs coins which now officially belong to the FEDs.

What exactly are you going on about?

https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
...

Well the rest of his Bitcoins are bound to be somewhere.
440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2015, 11:43:24 PM
http://news.google.com/news/more?ncl=d0PSU5pV2_ZAsdMrLzEJl5U7zHZfM&authuser=0&ned=us&topic=n

Over 300 articles about Silk Road, within an hour. Here comes the next rally.

Yeah I'm sure many prospective buyers can't wait for the chance to increase the value of DPRs coins which now officially belong to the FEDs.
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