824
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Economy / Speculation / Re: Hey Bears, what would turn you Bull?
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on: May 14, 2014, 02:00:12 AM
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To elaborate I don't really care about the price, I just think it would be hilarious if they go under since they are the smuggest idiots still left. At this point what's left might be tolerable, but who knows.
The only thing that would be even better if the if the winkledouches get arrested or Risto turns his Bitcoin Manison into an alternative medicine mental hospital. (actually I like both they're funny) What I can't stand is this pseudo corporatist attitude present in these endeavors, and I'm quite sure many people here share my feelings, they just don't like to be alienated. I have no problem with the buy and hold or even the pump & dump crowd, but the those "companies" should get what's coming for them. (I have little problems with other endeavors, the ones which don't really need those other 3 to survive at least.)
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830
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Economy / Speculation / Re: I expect that self-regulation by Chinese exchanges can't save them
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on: May 12, 2014, 08:17:10 PM
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I'm still wondering why trading on chinese exchanges is still business as usual. Has the deadline of the 10th not had any implication?
They are playing a game of "bluff" with an official agency. Now while this may seem unbelievably reckless it is the pavlovian reaction to be expected of any bitcoiner. What I find more amazing is that I can be entertained watching the same drama unfold over and over again still.
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831
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Economy / Speculation / Re: Volume at Huobi dropping like a stone
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on: May 11, 2014, 07:40:20 AM
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing? They've banned the banks from using it. They've banned journalists from reporting it. They pour scorn on Bitcoin users (maybe they've got that partially right ). The line you take is beginning to sound pedantic. As I recall that's basically one event that shouldn't be reported on, and I'd say that's more international politics than anti-Bitcoin, I could be wrong, but then I don't really care. Still, the bulk of mining hardware is manufactured in China, and if their gov were against Bitcoin they'd move against that. Or rule something akin to "Bitcoin could have a destabilizing influence on the economy and therefore is prohibited" - which they also didn't.
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832
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Economy / Speculation / Re: Volume at Huobi dropping like a stone
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on: May 11, 2014, 07:03:30 AM
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing?
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833
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Economy / Speculation / Re: My tought about current bitcoin status..
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on: May 10, 2014, 07:23:32 PM
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"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement". I made some comment on reddit awhile ago about why it's important to have bitcoins or some similar technology so that regular hard working people can protect their wealth in an asset class that cannot be seized by a corrupt government for wealth redistrubtion, etc, and was promptly downvoted. I think there are actually very few libertarians left in bitcoin at this point. There are few more awful groups than Libertarians, one of them are /r/Bitcoin Libertarians. Uh and what you call "hard working" others call "opportunism" and what you call "wealth distribution" others call "welfare state".
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834
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Economy / Speculation / Re: My tought about current bitcoin status..
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on: May 10, 2014, 06:26:04 PM
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I thought the term FEDs explicitly applied to the United States.
I'm not about to theorize about scenarios where the the US or China are out of the picture, we simply don't know that. We are discussing the current status quo where they play a major role. Nobody is talking about banning Bitcoin.
What I am hinting at is the tendency for public figures in the Bitcoin scene to somehow get in this kind of trouble. Mark "Mochaccino" or Mircea "Poopscoop" could just as easily end up being prosecuted as those guys. It's just a matter of probability that the people in these photos live in the US, since well, there the "scene" is the largest, but it can happen elsewhere. And this has little to do with legislation. I would say they would have met the same fate anywhere in the industrialized world, worse somewhere else.
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837
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Economy / Speculation / Re: My tought about current bitcoin status..
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on: May 10, 2014, 12:35:30 PM
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"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi
Ghandi didn't say that btw. That is said to be originated in the labor movement. Quite ironic if some "socialist" propaganda becomes the battlecry of some libertarian "movement".
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