Our daily entertainment from the psychiatric warden Bitcoin super diode.  |
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Thanks for sharing your market analysis out of the psychiatry, reptilia. 300k USD until Christmas! I am currently detained in a psychiatric institution in Helsinki, because I need rest. My physical well-being is taken care of.
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bitcoin will never reach the hights of the previous bubble, too many people learned their lesson
lol... I remember seeing this exact post in 2011 Tonight it goes over $266! Yes, your kind existed back then too  . Absolutely hilarious. |
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Thanks, that's great. Bitcoin is really capturing the market.
I will have to try WebMoney out sometime then.
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Can you pay with WMX (mBTC) directly on any shops that accept WebMoney? I suppose it converts the currency to whatever the merchant wants, like PayPal?
Never used WebMoney before.
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Any withdrawal method except for Dwolla works. International bank transfers, for example.
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It's a whois site for EVE Online. That's right, he named his real-world corp after his MMO one. What did you expect from the Magic the Gathering Online Exchange? |
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Correct. In the Ripple system, Ripples are the superior asset for their lack of counterparty risk. Furthermore, they are inherently valuable for maintaining account balances and conducting transactions.
Ripple is set up as a parasitic system that takes advantage of Bitcoiner's naivety advertising "decentralized exchanges" to then suck off the blood of its host and kill it with time. Because Bitcoiners don't understand the above, they believe Ripple will complement it, but in reality, it will only do so for a short amount of time until there is no more reason not to switch to Ripple's internal XRP currency.
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Is this the beginning of The Great Dollar Extraction? If the Dollars drain out of the system via international wires and people deposit more reluctantly than they used to (and of course, they will not be able to any more via Dwolla), it might very well be.
Still awaiting confirmation on the charts, however.
The recent news adds to the evidence. Awaiting confirmation on the charts. |
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commies
 It's happening. |
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Depends if there is a good enough context to speculation on BTC prices. It's more to do with Service Discussion than speculation imo.
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Sturle, why? International wires still work. Maybe this is what some are doing.
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If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.
It's ok, ignorance is bliss. People need their illusions. |
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for every action there is a reaction.
i wonder what role the Chinese will play in this. there have been hints that they might actually support the Bitcoin concept. is DHS sending a message?
if so, i'm sure a response will be forthcoming in some form or manner.
The Cold Bitcoin War. More hashrate! |
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AFAIK international wires are working fine.
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Devs are "allowed" to make money you know.
Congratulations.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted. I digress. Don't worry Blitz ... people are out there working on the next layer for the "plebs" to enjoy bitcoin-like freedom too .... trust "noone". Any concepts out there yet? Interested to see if this could work. Sorry for the offtopic. |
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Devs are "allowed" to make money you know.
Congratulations.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted. I digress. |
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As of close, yesterday:  Drop the blue trendline down a bit and we are still on it. Subconsciously or otherwise, that line is in people's heads and is affecting their long-term plans. New chart please. |
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Bitcoin rule #73:
A bad news never comes alone.
I wonder what else we'll learn shortly.
When it rains, it pours.  |
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We only disagree on one point then: Gold, stocks and real estate are risky. Buying land is only useful if you know how to and you are willing to farm it yourself. Of course you could set yourself up with someone renting the land for a part of their harvest. But I think could be borderline immoral, and history has shown that isn't the way to efficiency.
Gold, maybe blue chips stocks and Real Estate are obviously far less risky than Bitcoin. There is only one Gold, and has only ever been, and it's always been a store of value. Bitcoin however has competitors, is not totally proven etc., it's obviously a high risk high return investment. For this reason I believe you should only either invest a small part of your net worth for the longer term, OR if you invest a large part, you be prepared to watch it like a hawk. |
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