"may have their deposits returned." Lol.

A guy claiming to be the Silk Road 2.0 programmer is offering their database for sale:
https://bitcointalk.org/index.php?topic=952177

The guy may well be a scammer, of course.  One interesting detail is that he claims to have "usernames and
hashed passwords of 476,122 users, 51,490 deposit addresses, 7,756 plaintext passwords, 13,280 product listings, 52,481 private messages, 145,493 transaction records".  If true, those numbers may help estimate the number of bitcoin users.

How would he have more than 3 times as many users as transactions?  Is it plausible that 2 out of every 3 people who registered at the site did not order anything from it?

Sitarrow do you think this scenario is same? I know its not totally same, but do you think bitcoin will make it like always did?  Need to help restore my faith sometimes from true bitcoiners

Is it just me, or is there really little buying pressure going on at the moment?  Rather boring this island of relative stability we're seeing here. But at some point the whale boys will get bored and start dumping again probably.

Price can't go lower for now because it has to be forced to exit the current pennant. Breaking down now would be premature there is no momentum for that. Next move (prolly a big dump) in about 4-5 days.

And vice versa.

I may enjoy laughing at all the self-serious bears but I don't consider myself a permabull.

I cautiously believe long-term in the future of Bitcoin but I recognize the ups and down of the price of bitcoins. I also acknowledge the possibility of some kind of failure of Bitcoin, as improbable as that may be.

I think you misread my post, so allow me to clarify for you: I did not say "people who talk about how great bitcoin is." I said "those same people were calling for 100k per bitcoin."

Can you see the difference between "I love bitcoin, bitcoin is great" and "OMFG BUY BUY BUY BITCOIN TO 100k! WHAT RETARD IS SELLING RIGHT NOW WE'RE AT 700 AND GOING UP UP UP!"

If you say nothing but the former, then sure, get pissed when someone responds with "bitcoin fucking sucks you stupid asshole go die in a fire." But if you spammed the latter during the huge rise -- which have always historically preceded big drops -- you can't be mad when someone goes "DOWN DOWN DOWN BITCOIN TO 10!" in the middle of a plummet. Well, you can, but you'd be an enormous hypocrite.

Think about it: both sides know they're full of shit and cannot even come close to guaranteeing their assertions, but they will speak as if their opinion is absolutely infallible and inevitable. Ultimately, I think that is okay. IMO it's fine to bullshit. I mean, if you shorted, for example, you obviously think price is going down, so all you're doing by calling for $10 bitcoins is being hyperbolic (nobody can reasonably expect $10 bitcoins in the next month or two, just like nobody could reasonable expect 100k coins within a couple of months when we are at 900).

Hyperbole doesn't annoy me, but hypocrisy does -- in this case, bullshitting, then getting mad when someone bullshits from the opposite side.

Not to say that there are no bear trolls -- I imagine a lot of them are prodding with sticks to gauge sentiment rather than straight-up getting paid -- but yeah no doubt there definitely are. But if you truly believe in bitcoin, and still strongly believe it's going to skyrocket, you would be patient and wait for that to happen so you can laugh in their faces about it. The fact that people respond so caustically to the trolls -- whereas during the bull market they were laughed off -- tells you something about the changing sentiment and lingering doubt, which could mean there is still a ways to go as that doubt turns into despair when those final bulls turn bear.

Hey Notwhatever, kind of you to engage, but I'm afraid your low-level drone style of "yes-it-is/no-it-isn't" trolling doesn't interest me at all.

Oh, Lamby Lamby Chop Chop. You're a funny man. But the problem is you're too good and you just can't stop yourself showing it.

Beating out the kids with pennies can't what its about (except of course to protect them and their pocket money, thanks btw). So why do you it? You're not a dull man bitterly left behind (hi, Stolfi); you're not a funster talking his book (hi, fonzie); you're not a 50 center (if you are, pm me I'll give you a dorrar-a-time job).

Those with money are likely to have read enough books, seen enough films and dealt with enough dickheads to recognise that someone with your breadth of cultural references and immaculate put-downs (there, I've said it) cannot possibly not see the "bulltard" future in front of us. The fact that you put so much time on the clock surely re-inforces that. And if the money is here at all, it certainly won't sell because of your thoughtful advice.

Surely the fun of winding people up after all these months and thousands of posts must be wearing thin. What's the exit strategy?

Oh, Lamby Lamby Chop Chop. You're a funny man. But the problem is you're too good and you just can't stop yourself showing it.

Beating out the kids with pennies can't what its about (except of course to protect them and their pocket money, thanks btw). So why do you it? You're not a dull man bitterly left behind (hi, Stolfi); you're not a funster talking his book (hi, fonzie); you're not a 50 center (if you are, pm me I'll give you a dorrar-a-time job).

Those with money are likely to have read enough books, seen enough films and dealt with enough dickheads to recognise that someone with your breadth of cultural references and immaculate put-downs (there, I've said it) cannot possibly not see the "bulltard" future in front of us. The fact that you put so much time on the clock surely re-inforces that. And if the money is here at all, it certainly won't sell because of your thoughtful advice.

Surely the fun of winding people up after all these months and thousands of posts must be wearing thin. What's the exit strategy?

the only troll really arguing so it is worth an answer.

I think the same argument, that it takes significantly more money to go higher was used in every phase of bitcoin and it was and is true. but it does not really matter.

look bitcoin maybe has 1 million users, maybe little more. the user group is mostly grounded on speculators, libertarians, as well as tech savvy guys.

the next group integrated will probably be from the financial industry or the rich, this alone would boost bitcoin. I think that it is possible that bitcoin fails to integrate new groups, but from an economist perspective it does not make much sense, since there are exclusive use cases in bitcoin.

take a step back and compare the market cap to other financial or precial metals caps and do your conclusions.

bitcoin may fail or is already saturated, but to say it will fail because it is impossible to boost the price since it is already high is complete nonsense.

bitcoin may fail or is already saturated, but to say it will fail because it is impossible to boost the price since it is already high is complete nonsense.

Not much has changed. But while past performance is no guarantee of future success, it'd be remiss not to entertain the thought of bitcoin eventually going on another run. Hundreds of millions of dollars have been invested into the future ecosystem. It may be an oft mentioned meme but when the fruits of this injection come to bear we should be seeing another bull run.

it's not 2011 anymore