|
rwpRq4gQrb58N7PRJwYEQaoSui6Xd3FC7j
|
|
|
|
I'm really curious about what friedcat is going to do after the next 5 blocks are found and difficulty jumps - will we suddenly see another couple of TH brought online?
Do you think he'd care to wait after difficulty jump to power up new miner ? Maybe if he had 15 ths or more... |
|
|
|
All you people have been staring at the charts way too much the last couple of years. Everybody here seems to think that a "healthy" correction is due. And I bet that $27 sounds expensive to most of you who have a base price of say $5. You guys need to cut off that linear thinking. Everything right now is pointing at bitcoin becoming widely adopted on the internet and when that happens, $27 for a bitcoin is NOTHING. Real bitcoin adoption is not going to adhere to some silly indicator saying that we're overbought. I'm fully convinced that this is the last stop for everybody who wanted to make a quick buck to get out.
+1 What I would like them to do to estimate future Bitcoin price, The safe 1% (no explanation) MarketASize(yearly) divided by 21m divided by 100 + MarketBSize(yearly) divided by 21m divided by 100 + MarketCSize(yearly) divided by 21m divided by 100 (we all know 21m is not real availability, 15m is more accurate) For example drugTrade 2003 : 350b$ / 21 000 000 / 100 = 166$ per btc A UN report said "the global drug trade generated an estimated US$321.6 billion in 2003." There is some problem in your assumption: why yearly, not daily or monthly? There is no magic in the Earth's orbital period My assumption is not worth shit, I agree, what I'm trying to show is bitcoin market cap vs that of "bitcoin friendly" markets. My assumption also remove any possibility of speculation from those who've for long benefited from these lucrative markets. I would guess Mr dot com and the like would like pieice of the action AND a stable market, showing confidence to their customers. |
|
|
|
All you people have been staring at the charts way too much the last couple of years. Everybody here seems to think that a "healthy" correction is due. And I bet that $27 sounds expensive to most of you who have a base price of say $5. You guys need to cut off that linear thinking. Everything right now is pointing at bitcoin becoming widely adopted on the internet and when that happens, $27 for a bitcoin is NOTHING. Real bitcoin adoption is not going to adhere to some silly indicator saying that we're overbought. I'm fully convinced that this is the last stop for everybody who wanted to make a quick buck to get out.
+1 What I would like them to do to estimate future Bitcoin price, The safe 1% (no explanation) MarketASize(yearly) divided by 21m divided by 100 + MarketBSize(yearly) divided by 21m divided by 100 + MarketCSize(yearly) divided by 21m divided by 100 (we all know 21m is not real availability, 15m is more accurate) For example drugTrade 2003 : 350b$ / 21 000 000 / 100 = 166$ per btc A UN report said "the global drug trade generated an estimated US$321.6 billion in 2003." |
|
|
|
|
When bitcoin will be accepted by super makers and become "maintream" every online niches will have accepted it, international money transfer, and drug trade ... will have already made the price in the 100 000$ range. (Yes 2 trillion $ market cap)
Can we please have this discussion around that time ?
|
|
|
|
|
Please make more descriptive title, it's deceptive.
|
|
|
|
Well done, I really like the guy's face. Good wording, but The picture you used is overused and he doesn't have the "cliché" look of a bitcoin user. ,,, actually the opposite + he look like he's taking a dump. |
|
|
|
I think the real winner here is coinbase.
Sad statement, it look to me like everybody win for real on various levels. |
|
|
|
Thanks for the insight repentance. It's funny, criminals are never bound by any rules, but those trying to set things straight are.
Unfortunately, if MtGox chooses not to recognise the liquidator's authority, the liquidator may have a hard time justifying an international lawsuit - from memory, the only funds recovered so far are those which were in Bitcoinica's bank account which wouldn't go very far at all. As an aside, the California court made an interesting ruling on 25 January regarding its jurisdiction over Intersango. LAW AND MOTION 302, RULING: THE COURT ADOPTED ITS TENTATIVE RULING WHICH WAS NOT CONTESTED. SPECIALLY APPEARING DEFENDANT INTERSANGO LTD.'S MOTION TO QUASH SERVICE OF PROCESS FOR LACK OF PERSONAL JURISDICTION IS GRANTED. PLAINTIFF FAILED TO PRODUCE FACTS SHOWING DEFENDANT INTERSANGO, LTD HAS ANY CALIFORNIA CONTACTS RELEVANT TO THIS CASE. ORDER SIGNED IN OPEN COURT. JUDGE: MARLA J. MILLER; CLERK: GINA GONZALES; COURT REPORTER: ANTHONY C. VAUGHN, CSR # 6185 I think MtGox doesn't doubt the authority of the liquidator but for good reason they doubt of the capability of the liquidator. These guys have a hard time giving us an update per month, Force us to produce proof of ownership for virtual assets using the pen, paper and fax method. Their email system can't receive ANY url in email, and reject every such email with a clueless reject error message. To sum up,,, in three month, they seems to have done nothing. Oh, they asked us in public if we prefer to be paid in BTC or USD ... the answer was obviously a personal choice. I DO NOT WANT THIS LIQUIDATOR TO DO ANYTHING WITH MY BTC. Sorry but I'd much prefer MtGox to sit on my BTC for a few year,,, At which time 250 BTC might be enough to afford a lawsuit with some teethes, bitcoin competent lawyers and judges. Currently not even a handful of lawyer and I doubt any Judges can produce any meaningful ruling out of this mess. I was Long Long LONG ! on BTC,... not going to forget about this lost without a good fight. (Be careful) |
|
|
|
|
Newsbreak : Google to introduce payouts using Bitcoin in "may"
Seriously : Good try, Their reply is very polite yet uninformative.
|
|
|
|
|
really, nobody said how they would invest in bitcoin ?
Why not ask,: "If you had 10m$ to invest into bitcoin how would you do it. ?"
Buying 10m of BTC in one go or or close is one of the most stupid thing to consider.
How about:
* Starting a BTC mining ASIC company and keeping however much hardware you want.
* Investing into BTC related business,
* Building a bitcoin related business
* Donating to the foundation
* Buying publicity
...
|
|
|
|
The bitcoin market cap is still in the 100 million dollar range
If "instagram" is worth $1b, then bitcoins are worth much more than that. Not selling until triple digits
3xxx range for me. (~50b$ mkt cap) |
|
|
|
A quand le grand meet-up de Bitcoin-Quebec ?  |
|
|
|
I'll take competition over a monopoly any day. If a technology such as Bitcoin is as good as we all think it is, it will stand up to the competition just fine. If it fails to something superior, that's the way it should be.
Competition may not be good for bitcoin, but it is good for us (bitcoin users). FTFY : Competition may not be good for bitcoin, but it is good for us (bitcoin alt crypto-currency users). |
|
|
|
In the long term I think the "dice" part in satoshidice will eventually limits what it could become by adding new games, vs say more generic gambling name like : http://satoshinn.com/ (actual casino (beta)) or satoshicasino.com |
|
|
|
What could S.DICE realistically sell out for? I think $100-200m in the next 12-18 months is realistic. S.DICE is *only* about the domain though. It has no precious user data like other sites do. I'm curious how much a similar domain would be valued at. SatoshiBets.com lol 10$ http://hostye.com/d/satoshibets.com/ |
|
|
|
|
How hard is it to edit 1st post to "Batch 2 launch failled," instead of "Launch is Feb 2 ..." then one go to website to see "Sold Out".
This is an epic PR fail. Good way to kill excitement and expectations.
|
|
|
|
|
There's a real need for such service in the bitcoin world, Best of luck.
|
|
|
|
Sorry for not having searched all of the 30-50 pages threads about avalon, Here are my questions. * What has happened to the other 298 AVALON orders ? I think I've read they've all been shipped a week ago. It's been close to two weeks and they've been able to build / ship two unit but now we've got to wait for 5 days before any other gets in the wild  (They not show up into added hashrate at all yet) * BATCH 2 !!! After searching for 30 min I still don't know what happened with batch 2 launch, All I read about is people complaining their payment is half-way fucked up. What I want to know is ; IS IT SOLD OUT OR IS IT NOT ? Given your previous batch took 2 week to sell, Should I understand this one took 2 hours ? really ? Suggestion : For next batches instead of selling 3 module Avalons and upgrades, Sell 1, 2, 3, module or "Complete" (4 module). People are buying these things by the dozen I don't see many people not willing to get a 4 module unit AND while at it why not sell empty avalon so I can buy exactly how much I want and reuse some of my, soon to be retired, 80+ Gold PSUs. |
|
|
|
|
It seems like I'm able to send basic text message but they may have some very stringent link filtering even for "mailto:"
I'm not sure if they've even received my claim yet.
|
|
|
|
|
Show Posts
