One Question towards You , BFL and your buisness at GLBSE:
How does your new employment affect GLBSE (BFLS, BLF.RIG)?
new employment ??
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Anyone ever got their head pounded over a BTC loan yet?
I don't believe so, but you'd think Shakaru would be first in line, not Jake
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Yeah I thought blocks less then 1% were supposed to show up once every 100 blocks..
Not 3 in the last 11 blocks..
what do you mean by less than 1%? The luck meter, 50% is average. Blocks 191795(1607), 191888(1610), 192022(1617) were all less then 1%. A VERY bad run of luck..
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So what is the estimated amount that is in the Pirate fund?
500k btc.
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. What do you call Bitcoin futures and options? Also, Bitcoin is now in the danger zone range of $11-12. Expect about a 10% decline over the weekend. On that topic, anybody else thinking the demise of Bitcoinica was a good thing happened to BTC? It seems obvious now that it was fundamentally broken.. I never opened an account, cause it seemed like most peeps ended up giving their money away with crazy trades (there were also quite a few threads accusing Zhou of rigging/manipulating the market). Also in hindsight it seems likely they (Bitcoinica) didn't have the assets to cover customer accounts and were on a fractional style banking system (read ponzi) . All that being said, it seems inevitable that Bitcoinica was going to blow up at some point.. So for it to happen sooner rather then later, it probably was/is a good thing for BTC.
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers. Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is. the " unfair competition" as you call it, was " defined" by your compatriot in gold, silverbox. his definition was the beginning of this thread. so there you have it. Its not a competition, pretty much everyone here is a BTC bull. I'm still waiting for that "COLLAPSE" and "CRASH" that you called for in the general markets and PM's (Gold in particular).. Its been 6 months, how long is it going to take?? Its extremely difficult if not impossible to put a date to something like that in an environment with massive market intervention by governments. For example, the Greek default should have already happened twice, but for the decisions of a few people. I think even the Keynesians don't think you can make a model that accurately predicts a system where individuals have this much power because people are not predictable individually with today's computing power. They are ironically only predictable (maybe) in aggregate. But I think the bitcoin bull market itself could be considered a prediction of Greek default and other fiat currency troubles ahead. I wasnt the one who went on and on about how everything was about to crash and collapse. That was Cypher. My position was that everything wasn't about to collapse (it still is). I wasn't the one who went on and on about how I could pick corners and because I picked a couple corners before, that my call for everything to collapse and crash would be right. That was Cypher. This corner feels an awful lot like I-80 across Nebraska.. (Its perfectly straight for like 100+ miles )
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It's an unfair competition, until banksters starts selling tons of BTC paper derivatives.
not really b/c they can't. They would even sell derivatives on their grandma, if they smelled profits. Just wait that they notice BTC. Paper promises are just that, and there is always plenty of suckers. Moreover they have more reasons to short gold, until BTC become mainstream at planetary level as gold is. the " unfair competition" as you call it, was " defined" by your compatriot in gold, silverbox. his definition was the beginning of this thread. so there you have it. Its not a competition, pretty much everyone here is a BTC bull. I'm still waiting for that "COLLAPSE" and "CRASH" that you called for in the general markets and PM's (Gold in particular).. Its been 6 months, how long is it going to take??
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Payment sent for 2 5850s.
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What if Daily Anarchist dies and no one knows his Encryption key!! They will be able to see all those stranded BTC, but never access them...
Oh the humanity!!!
I wonder if judge.me is capable of setting up wills and keeping my super secret password safe until I die. I wouldn't trust it.. Written instructions in a sealed envelope in a safe deposit box seems like the way to go.. Or you could just take it with you
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Gold sure seemed to have recovered quick.. I wonder what were going to be at before the next fomc.. 1700??
you wish.. It's collapsing upwards!! Don't you know??
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My fingers smell like brass.. Reloaded a couple boxes this morning
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Gold sure seemed to have recovered quick.. I wonder what were going to be at before the next fomc.. 1700??
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What if Daily Anarchist dies and no one knows his Encryption key!! They will be able to see all those stranded BTC, but never access them...
Oh the humanity!!!
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Yeah I thought blocks less then 1% were supposed to show up once every 100 blocks..
Not 3 in the last 11 blocks..
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Here we go again.
I wonder if in a months time I will go: WHY DID I NOT BUY THEN?!? or DAMN I'M GLAD I DIDN'T BUY ANY!!
Either way, I'm not parting with the coins I have now.
They are still worth a lot more to me, than the market is willing to pay.
If they are worth more to you than the market is willing to pay keep buying until this is no longer true. Nope, cause I am not willing to risk anything. Besides, if I buy bitcoins through the options available to be, I will leave a paper trail, and I do not want to do this, since I am unsure of Bitcoin legality/taxation. This is a different topic, so let's not derail 10! Buy more mining gear!!
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You'd think it'd take increasingly more time.
When you turn that hyperbolic curve it can shoot up to the moon in no time.. The critical mass could be triple digits and the rise to quadruple could happen quite fast..
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this thread was started 3/13
Bitcoin 5.40
Gold 1690.
today 8/2
Bitcoin 10.00 (up ~85%)
Gold 1588 (down ~6%)
BTC is double digits! , Gold is inching back to parity. BTC is outperforming gold.
GPL 1.66 (Silver lg @ 1.98)
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Tomorrow, or perhaps over the coming weekend, I would put a major event occurring in which the foundation of the existing financial system ruptures at a 50/50 chance. After such an event, the possibility exists that the separation in financial and real assets happens.
That's quite a prediction. I respect that What's the triggering event? Suitcase nuke in Madrid! *kidding*
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So do you think it will take longer to go from double digits to triple digits, or triple digits to quadruple digits??
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