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netrin: How did your supposed II.c.5 wave manage to stop short of a new low? (Well, 1.994 < 2.07 but that hardly counts and your chart said $1 was coming)
Have you reevaluated your count? Is there something I'm missing?
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What if mtgox screws up and sends all those bitcoins to the null address like they did with 2000 BTC a while ago?!
:O
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It's the "within the next 25 years" part that makes the quote funny. Representing time with a signed int doesn't become a problem for a long time, so Satoshi was being sarcastic.
Am I the only one who finds this quote funny? Maybe it needs more context.
I found it funny, but that's because I have background in Unix timekeeping and C jargon. I assume the average person doesn't have this knowledge, and therefore it would not make sense to them. I also found it funny. Doesn't need more context right now, but maybe when "commoners" adopt Bitcoin... |
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Alright, the campaign died so I filled it up with 4 Bitcoins. That's all I had left in my luxury account. I would prefer others to pitch in to keep this going indefinitely.
Harvey... alpha?  Jig's up, Atlas. |
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I believe the price will continue correcting to above $2.5. Below that and the rally will have been invalidated. If the price clears above $3.14 before correcting, then I expect it will climb shy of $4 before correcting the first wave of a major reversal beginning last month. If that optimistic scenario comes to pass (though I'm currently betting against it), the third wave rally after the correction (to the current iv price area) could launch bitcoin up to heights we haven't seen for months. I expect we'll have a clear picture after this week. Wow Netrin, you've been quite the pessimist up till recently.. Its good to see, and nice chart.. Can you tell me how you arrive at the colour bands ? Are these formed from interpreting elliot waves like it seems your showing ? Those price bands look like they're based on historical price support/resistance, not on Elliott theory. |
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mh... when i install a OS i expect to install only it and maybe some software to see photo/video, listen to audio and browse internet, nothing more...
But why should audio/video software be distinguished from payment software? I don't see the fundamental difference... if Bitcoin, one day, were sufficiently useful (broad enough user base) that one could use it as a replacement for Paypal, I would support bundling it into Linux distros. |
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What would it take to get the major distros to include Bitcoin in their pre-installed software? Bitcoin and the FOSS community share many values in common, so I suspect we could get some sympathy for including our open-source, decentralized currency in Linux distros.
Anyone else think this is a good idea?
There are extremely large amounts of politics that go into deciding not only what software should be included in the default installations, and I can tell you right now that Bitcoin will never be included in the default installation of CentOS/Debian/Ubuntu/Fedora/etc, and it never should be. bitcoind is included in the repositories of many distributions by virtue of being open source, but you are vastly overestimating the overlap between Bitcoin and FOSS 'values', and underestimating the amount of work and politics that goes into package set selections. also basically this: I don't think it's a good approach to try and force Bitcoin upon anybody. Such methods are bound to spur negative reactions and honestly I don't think Bitcoin needs such questionable forms of advertising.
Make nice packages for all the flavors of Linux out there and improve the user experience of the client(s). While you're at it, see that the smartphone wallets get polished and are present in all the (alternative) appstores.
With something like Bitcoin where even tech-people are very quick to dismiss it as a scam, we really should not push it too much - especially given its beta status. Let's keep improving the infrastructure and the usability and Bitcoin's advantages will speak for itself.
I don't use Ubuntu any more because of some software they force into my system, even if I don't use it and/or disable it (Ubuntu One, Unity, Software Center). I would be livid if someone tried to hamfistedly wedge a bitcoin client into my Linux distribution, doubly so if they forced me to download the blockchain or something. Distributions should include as few network service packages by default as possible. Anything more is a security risk/more trouble for admins to lock down or disable. Yeah, my purpose in asking this question was to get opinions on the following: 1. Is it a good idea? (Ethical to put Bitcoin in default package lists?) 2. Is it plausible? It seems that your answers are no to both. However, for the first one, I personally think that as long as you aren't forcing people to download the blockchain or use the client, you aren't really "pushing Bitcoin" on them. |
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wow...
PAYPAL: Only a nonprofit can use the Donate button.
ME: That’s false. It says right in the PDF of instructions for the Donate button that it can be used for “worthy causes.”
PAYPAL: I haven’t seen that PDF. And what you’re doing is not a worthy cause, it’s charity.
ME: What’s the difference?
PAYPAL: You can use the donate button to raise money for a sick cat, but not poor people.
So poor people are inferior to cats, eh?
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Paypal is the embodiment of pure evil.
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Hi!
I'll make a new version of this guide, using only GUI.
Best!
Thiago
We need a client that DOESN'T NEED A GUIDE. The existence of a guide indicates the lack of a user-friendly client. I'm sure that this will happen with the release of Ubuntu 12.04. And I say more, the "Ubuntu Software Center" will have some kind of "Pay with Bitcoins" button or, when you click at the "Buy" button, a window will appear asking you which currency you want to pay (BTC / LTC / USD / BRL / etc)... Cheers, Thiago How are you so sure? |
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Hi!
I'll make a new version of this guide, using only GUI.
Best!
Thiago
We need a client that DOESN'T NEED A GUIDE. The existence of a guide indicates the lack of a user-friendly client. |
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national socialist ideology
Are you trolling? O.o |
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I would like to at least see it in the standard Ubuntu repository, when we reach version 1.
Though we haven't reached version 1, the client is already stable and very usable by Linux users. Remember, we aren't talking about grandmas when we talk about Linux  |
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What would it take to get the major distros to include Bitcoin in their pre-installed software? Bitcoin and the FOSS community share many values in common, so I suspect we could get some sympathy for including our open-source, decentralized currency in Linux distros.
Anyone else think this is a good idea?
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It is interesting to think about what the price will be... could be pennies, could be 3-digit.
As to your actual question: everyone on the market would anticipate the lower supply, wouldn't they?
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Dude, raise the price to 15 BTC... people will still take it  |
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But considering I expected a peak today at $2.9, I'm annoyed I could only sell at $2.8 on Bitcoinica. I think you need to be gambling for the 50% weekly movements. You can't day trade on Bitcoinica.
I've day traded for months on Gox and it became my personal style that I really was good at. Trying to day trade at Bitcoinica is impossible. The spread is too large, the swings lag too much, and the algorithm he uses is made to do that. It forces you into this long period swing trader. My first 5 trades at Bitcoinica I lost big. Then I finally learned how to use it, but I could only make 1-2% positive trades here and there...but I could lose 15% in no time flat if I got impatient and liquidated in order to switch positions for the next reversal. I'm still using Bitcoinica, but it's like grinding teeth. I don't even use leverage! He really has to tighten up the spread by tweaking his algorithm. He keeps blaming it on volume, something to the effect of "If more people use Bitcoinica the spread will narrow". An yet he is #2 in volume already. Forex brokers advertise 10 pips spread...it's common to see 1,000 pip spreads on Bitcoinica. I really don't know why you're using Bitcoinica without leverage. What's the point?!?! If you were doing well before and you aren't on Bitcoinica, then surely you should move back to Gox. |
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Wonderful! You might want to add a big table listing all the sites too.
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