We'll probably be trading in a rather tight range until around 3-5th of January, where I will expect it to start another rally.
Edit: More like 4-6th of January after taking a second look.
How are you obtaining that figure? Just tracing S3052's trendline up? |
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Why lock the actual thread? Couldn't you just ignore posts after a cetain point?
No, because I've already said that the last post wins 5 BTC, and I can't modify that rule now. I never said I couldn't lock the thread though  |
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i was going to write a retort to this article, but the whole thing was so ludicrous i couldn't think how to respond http://www.kernelmag.com/yiannopoulos/2011/12/the-online-currency-wars-are-coming/"Since Bitcoin has no central repository it’s more like digital cash, used to exchange value anonymously. Critics ask how long that anonymity will last." what the hell does that mean. "Think of the entire internet as an app, circumscribed by a persistent Facebook login and punctuated with Pay icons" No.. that's just stupid. "Bitcoin and Ven haven’t even scratched the surface of what’s possible with online payments. With a ready user base of 800 million users, Facebook may be about to change the way online financial transactions are thought about and conducted. " yeah right. bitcoin underlying protocol can do shit we havent even dreamed or ever thought possible. sky is the limit! The idiocy in that article is overwhelming! It basically said: Online currencies from good to bad: 1. Facebook credits! Give 30% of your money to Facebook for a DB update and make your spending habits public! 2. Ven: the establishment loves it 3. Bitcoin. It sucks because  |
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There's been a rally for an entire month... time for a correction. I'm going to predict a target of around $2.5-3 for this correction, but definitely not <$2. The correction will probably come in the next week or two.
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I agree with Ryan da Clem. Lock the thread immediately.
lol... I'm thinking of earning a profit off selling or auctioning a thread lock... trying to resist the temptation. xD edit: AUCTIONRules: 1. I can do whatever the fuck I want to this auction. However, I will probably not exercise this right. 2. You are bidding on the right to decide when to lock this thread. 3. If I lock the thread too late, tough luck. Too early, I'll reopen it if you PM me and extend the thread's expiry time by the amount of time lost. 4. This is a dollar auction. Top two bidders must both pay their bids. 5. Bidding starts at 2.5 BTC. 6. Bidding ends when nobody has placed a bid for 72 hours. 7. Specify your thread lock time in the format: mm/dd/yyyy HH:MM:SS (24hr GMT forum time). Any times not in this format will be ignored. edit: Oops, had to exercise rule #1 already. Adding this rule: 8. Minimum bid increment is 0.1 BTC. |
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+1 for Proudhon. You're my favorite bear. I'm bullish now, but I really appreciate the counterbalance you add to what would otherwise be mostly an echo chamber. You consistenly bring up relevant information.
+1. Proudhon's rational bearish views bring balance to this forum (unlike what he used to do, which was just trolling, and his turnaround there merits another +1) |
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Will you purposefully hurt yourself for bitcoins? How much for let's say you slapping a stapler on your forearm or forcing a tack under your fingernail?
I'll do the stapler for .1 BTC. Or even .05 BTC. I've done it before, and it's pretty easy, actually. Jesus, you should seek some help man. :O |
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You used to be able to essentially mine without rigs with ponzi... you'd get the equivalent of 10 GH/s by just playing Bitcoinduit and making rounds. It took 10 minutes a day, and you'd see the money the next day.
In a ponzi scheme, for there to be a winner, there has to be many losers. So please don't try to say that gambling on a ponzi scheme is the same as mining. I wasn't saying it was the same as mining. I was saying that it produced an equivalent income to a large mining operation, and was trying to make a point about how big the gambling "industry" used to be. |
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If this indicator is right, this rally is far from over, and by the time it ends, we'll have at least two digits. It just crossed 0, and will probably take a while to reach the maximum height of the last three "hills."
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I wouldn't call it a slump... It's more like 1 guy cashed out $100,000 worth of bitcoin. The good news is several people bought all those, so it makes the event harder to repeat. As soon as the sale finished the price rapidly recovered. Not fully, but $100,000 is huge volume.
It's impressive how $100k hardly makes any impact on the closing price these days. Just a few months ago, $100k could trigger a HUGE 50%-price-drop selloff. |
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bitcoin gambling is so damn dead these days  Seems like BTConTilt is just one instance of that. You used to be able to essentially mine without rigs with ponzi... you'd get the equivalent of 10 GH/s by just playing Bitcoinduit and making rounds. It took 10 minutes a day, and you'd see the money the next day. |
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personally I'm not too worried.  He'll eventually pay, I think. If he doesn't pay by next Wednesday, THEN I'll be calling him a scammer, but not before then. He's made loans and delayed payment before lol. And he also was generous on the repayments when he got delayed. Not a scammer way of doing things I suppose. yeah.. maybe we'll be recipients of this generosity soon |
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wow... just saw this thread! I pledge 5 BTC to you if you can actually get this done somehow.
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personally I'm not too worried. He'll eventually pay, I think. If he doesn't pay by next Wednesday, THEN I'll be calling him a scammer, but not before then. He's made loans and delayed payment before lol. |
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well damn, he's been here since March.. |
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A few months ago, I posted a "lol that could never happen" post in this thread. I now believe that I was wrong. "News" outlets like MSNBC/Fox are hyping up the "threat of Iran" incessantly these days, and after the recent statement by Panetta, I'm a bit concerned.
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ruh roh 2 more hours in my time zone. |
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time to pay  zer0 told me privately that he would repay at approx. 6PM (EST, probably) tomorrow, so let's wait a bit edited to indicate the actual time. Screwed up my arithmetic  Anyways, it's drawing nigh... |
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This is really quite a reasonable precaution on their end to lock out a German IP address from an account linked with a US-based Dwolla account.
They could say so, and stop being circumspect. |
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Could be You still have it set aside? yep it's safe |
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