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1161  Economy / Speculation / EMA 100/200 convergence = price about to move? on: May 20, 2014, 01:42:29 AM
i just have a feeling that there is about to be a price movement soon, does this mean anything?

edit: i don't know the best way to post an image

http://bitcoincharts.com/charts/bitstampUSD#rg180ztgSza1gEMAzm1g100za2gEMAzm2g200zvzl

the way i see it there is about to be a massive revaluation of the bitcoin and it is soon going to be worth thousands of dollars.
1162  Bitcoin / Bitcoin Discussion / Re: The only way forward is to split it. on: April 29, 2014, 09:07:48 PM
I voted for µB so we just move it once and hope we don't have to do it again for awhile.
1163  Economy / Service Discussion / Re: coinbase remove paper wallet feature, wtf? on: April 07, 2014, 04:02:53 PM
any reason they gave for removal ?

I asked support and they said the feature was temporarily disabled while they work on improving it.  False alarm!

They also emailed me back in less than an hour, from a real person.  Nice work Coinbase.
1164  Economy / Service Discussion / coinbase remove paper wallet feature, wtf? on: April 07, 2014, 03:04:09 AM
when did this happen?

i am sick and tired of bitcoin being dumbed down for the masses, this is just ridiculous, people need to learn how to be responsible for their bitcoin!

obviously i can find other ways to generate paper wallets but i wanted to show my mom how to use paper wallets and she uses coinbase. now it is much more difficult.


1165  Economy / Speculation / Re: What would a sudden skyrocket of Bitcoin price do to other alt coins? on: March 12, 2014, 12:45:18 PM
Demand for altcoins drops when BTC approaches a new ATH.  Everyone will have all their funds in BTC when they see it going up.  When the next bubble is fully underway and BTC mania hits...then altcoins will follow.  It happened twice last year.
1166  Economy / Speculation / Re: "Reports of my forum death have been greatly exaggerated" - chodpaba on: March 11, 2014, 12:52:59 PM
i came back looking for the classic reversal thread!  its all gone??

1167  Economy / Speculation / Re: bitcoin in 2040 on: March 11, 2014, 12:46:02 PM
let's look back

2010 - 0.01$ (famous pizza event)
2011 - 10$
2012 - 100$
2013 - 1000$

BTC was still double digits in 2012. 

what happened to newbie jail?
1168  Economy / Goods / synthesizers, samplers, amp [chicago area] on: January 16, 2014, 01:42:49 AM
local sales only.  10% discount for paying with bitcoin.  i would consider shipping the smaller items such as the Boss guitar pedals.

full list here: http://chicago.craigslist.org/chc/msg/4289518759.html




1169  Bitcoin / Bitcoin Discussion / Re: Going off the Bitcoin radar on: December 08, 2013, 06:23:02 AM
if you can successfully go off the radar and not touch any of your coins i bet you will be very happy next year.

i wish i could go back 1 year and tell myself the same thing...
1170  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin. Why would a consumer pay with Bitcoin? on: December 08, 2013, 06:07:12 AM
I really can't see Bitcoin becoming an actual currency that people use to buy food or whatever else. I think it's purely just a store of wealth like gold, but it's easier to buy/sell/trade than gold is for obvious reasons.

BItcoin cannot become a currency while the price is still going up. There is a small minority of people who buy things with Bitcoin now, but personally I think they're insane. Why pay BTC50 for a car when a year from now that BTC50 might be worth a house? They would argue that they're supporting Bitcoin by spending them, but I disagree.

My opinion on the future of Bitcoin:

- Average people like us use it as an investment (gold 2.0)
- Companies/banks/etc use it for transferring LARGE amounts of money around the world rather than doing slow and expensive wire transfers

The only way it can become a currency that all of us use is if Bitcoin banks start up. The same as how a bank controls your $$ now. They give you a debit card which you scan at a shop. The bank says to the shop "I promise I'll give you this money at some stage in the future". Then, if you've done something dodgy, the bank chases you to get their money back. The shop is generally not out of pocket as long as they've followed the rules.

The notion that people will be scanning QR codes at the supermarket checkout and waiting for transactions to propagate throughout the Bitcoin network is preposterous.

the way it can "become" a currency is by merchants accepting it as a currency, simple as that.  

we can already see many major stores, dealers, businesses, etc accepting bitcoin.  that makes it a currency.  only your disbelief makes this an argument

edit to add:  anyone spending bitcoin on a car is actually an idiot unless they have the BTC to waste, in that case...
1171  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin vs Litecoin on: December 08, 2013, 05:57:14 AM
Litecoin offers a liquid blow off valve for Bitcoin.  

Like Coblee said, this is like NASCAR...Litecoin is just drafting Bitcoin until the last lap

edit to say they are COMPLEMENTARY because the litecoin dev team even adds new value to the bitcoin protocol in times of need: see recent events
1172  Economy / Speculation / Re: It's over. Bitcoin is finished. on: December 08, 2013, 05:51:02 AM
The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


havent even read the rest of this thread. 

but if this is the general noob sentiment of someone with activity 25 then...

i'm getting ready to buy back in!  woo

I don't think that we should take so lightly the fact that many people will get scared from bitcoin's volatility. And indeed this time is different because of the increased media attention.

yes, soon we will see waves of bad media attention about volatility scaring away new investors.  a few months of uncertainty will follow.  the price will then achieve a placid stability for several days, weeks, or months...until

THE NEXT ROCKET to $10000

1173  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Qt / bitcoind version 0.8.6 rc1 released on: December 08, 2013, 05:43:20 AM
shoutout to that OMG support.  cmon bitcoin lets hear it for litecoin
1174  Bitcoin / Bitcoin Discussion / Re: THE PROBLEM IN CHINA IS THE BITCOIN FOUNDATIONS FAULT on: December 08, 2013, 05:37:01 AM
Bitcoin Foundation has better shit to do!!!

focus on the Bitcoin Protocol and improving the f*******ing client !!!  make the network secure!!!!  they do all of this and more and don't ask for much.

if you ask me the "problem" in china is not a problem only a misunderstanding in translation igniting an already panicked atmosphere,===
1175  Bitcoin / Bitcoin Discussion / Re: Bitcoin WILL BE New Reserve Currency on: December 08, 2013, 05:33:22 AM
Quote
HOLTZ-EAKIN: Bitcoin? Bitcoin.

REINHART: Bitcoin, yes.

(LAUGHTER)

Doesn't sound so bullish to me

if you read through the entire text, or at least skim - you'll see there is (LAUGHTER) after every other question...all that means to me is the discussion was somewhat informal.  only at the end of the discussion do you see them mention that it was (ON THE RECORD)

This sounds more like a joke about this stupid little "bitcoin" thing to me.

Code:
MURRAY: We're going to take one more question. Before we do that, I just want to remind everyone, if I didn't say it at the outset, that this has been an on-the-record session. And that's true, except for the things we didn't mean to say.

(LAUGHTER)

Just keep that in mind and be gentle. And go ahead, last question.

idk maybe they are joking the entire time?  im not dismissing you just trying to figure the context out myself.
1176  Bitcoin / Bitcoin Discussion / Re: Bitcoin WILL BE New Reserve Currency on: December 08, 2013, 05:20:22 AM
Quote
HOLTZ-EAKIN: Bitcoin? Bitcoin.

REINHART: Bitcoin, yes.

(LAUGHTER)

Doesn't sound so bullish to me

if you read through the entire text, or at least skim - you'll see there is (LAUGHTER) after every other question...all that means to me is the discussion was somewhat informal.  only at the end of the discussion do you see them mention that it was (ON THE RECORD)
1177  Bitcoin / Bitcoin Discussion / Re: Major Project set to test bitcoins true strengths on Sovereign Tribal Nation on: December 08, 2013, 05:10:20 AM
i'd be interested in donating...but

pardon my ignorance on these issues, is it possible for someone to join your sovereign nation?
1178  Bitcoin / Bitcoin Discussion / Bitcoin WILL BE New Reserve Currency on: December 08, 2013, 05:05:24 AM
while we've been distracted by the price movements the past couple days i took the time to read more about this, i haven't seen it mentioned much on these forums.

http://www.reddit.com/r/Bitcoin/comments/1s1xkx/council_on_foreign_relations_mentions_bitcoin_as/

if this isn't the most bullish signal i don't know wat is
1179  Economy / Speculation / Re: It's over. Bitcoin is finished. on: December 08, 2013, 04:45:52 AM
The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.


havent even read the rest of this thread. 

but if this is the general noob sentiment of someone with activity 25 then...

i'm getting ready to buy back in!  woo
1180  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Qt / bitcoind version 0.8.6 rc1 released on: December 07, 2013, 02:05:47 PM
working fine on OSX 10.8.5

hopefully the database corruption issues are a thing of the past now!

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