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1041  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: October 12, 2013, 12:05:47 AM
I wonder why there is no HUGE premium (no premium at all actually) on Bitcoins in China though? Arbitrageurs must work overhours.

That's not the explanation. You can't easily change CNY to other currencies.

Before the 260 Crash the Chinese market was trading 10-15% higher constantly, that's the cost if you need to import your BTC.

Don't ask me what's going on now - but I can ensure you, the Chinese also don't know. Some say rich real-estate people sell some apartments to get into BTC now...

Stop worrying, start to love the Chinese.
1042  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 11, 2013, 02:10:19 PM
what is Midas?

I guess it has to do with Greek mythology? Or drama? Or tragedy?
So many Greek words that fit Mt.Gox.

Edit:

Here: http://en.wikipedia.org/wiki/Midas

Guess what, a story that ended badly for persons in power because of too much greed
1043  Other / CPU/GPU Bitcoin mining hardware / Re: [Need Advice] Which would be best to buy? Hasfast or Cointerra on: October 11, 2013, 01:31:35 PM
also please note that the whole lot of Cointerra threads (4 at last count) have disappeared from the front page of the Custom Hardware section.

they haven't posted a thing in 2 wks.  i think something is wrong.

they also don't answer questions in their own forum
'
Thanks for that, probably wouldve wasted a whole $6000 - $12000 otherwise!!

I checked on this "Dr. Timo Hanke" guy - and he is definitely a legit German university professor specialized in discrete mathematics and cryptography. Can't say for the rest of the team, but there is still a good chance that the will deliver what the promised when the promised.
I am still myself thinking of ordering from them...
1044  Bitcoin / Bitcoin Discussion / Re: 1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX on: October 11, 2013, 11:11:01 AM
Some Silk Road users sold perfectly legal items, like art and books. I wonder if any of the legitimate users will be asking the FBI for their coins back?

They could have used more legal sites, such as Bitmit, or the forum Marketplace.

No.  No.  Legal means legal.  If I sell a hot dog on the same corner as a drug dealer, are my profits subject to confiscation? 

Right, and the SR was a busy street corner.

But no reason to denigrate honest, tax paying companies. They very support of our society.
1045  Other / CPU/GPU Bitcoin mining hardware / Re: [Need Advice] Which would be best to buy? Hasfast or Cointerra on: October 11, 2013, 10:59:10 AM
also please note that the whole lot of Cointerra threads (4 at last count) have disappeared from the front page of the Custom Hardware section.

they haven't posted a thing in 2 wks.  i think something is wrong.

they also don't answer questions in their own forum
1046  Economy / Speculation / Re: [stats] Bitcointalk vs BTC price - Bitcoin stronger than ever! [update 10/10/13] on: October 10, 2013, 01:00:45 PM
interesting fact:

04/2012 until 09/2012:
This was the period after the crash after the previous bubble.

Number of new members was stable BUT number of posts was trending higher and... The price of BTC doubled slowly!
Maybe we are in this fase again? Maybe... we will hit 250 USD in 5 months (february 2014), followed by a new bubble perhaps? Cheesy

Bubble, bubble, bubble ♪♫♬
1047  Local / Trading und Spekulation / Re: China ! on: October 10, 2013, 10:27:26 AM
Hi,

 could you publicly comment on the huge volume running on your exchange lately?
Is China in a BTC-hype?

   Best,  'el


Thank you for your concern to us,welcome to visit our website :www.btc100.org ,you can see all real-time transaction data on their

Die Antwort dauerte lange und war nicht unbedingt, was ich mir vorgestellt habe. Trotzdem: Bitte nicht von einer chinesischen BTC-Plattform auf andere schlieszen!
1048  Economy / Speculation / Re: BITSTAMP eXchange wall Observer. second biggest and best exchange on: October 10, 2013, 02:02:51 AM
Market depth on the bid side is still a sad topic
1049  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 09, 2013, 02:31:00 PM
China is coming up.
Big time.
1050  Economy / Auctions / Re: Auction of 2nd most expensive Pizza in history of Bitcoin on: October 09, 2013, 06:57:03 AM
This auction ends on wednesday 9th of october at 12:00 AM forum time.

Excuse my ignorance, but I absolutely can not understand this 12hr clock. Is 12:00 AM noon or midnight?

midnight.

is there a minimum? I'll bid 45 if you will sell it for 45 btc. also, is there escrow?


Midnight. Correct. Has been asked and clarified.
1051  Economy / Auctions / Re: Auction of 2nd most expensive Pizza in history of Bitcoin on: October 09, 2013, 06:51:22 AM
You change the time by almost twelve hours on page three without noticing anybody? No.
12 am is a very exact definition.
1052  Economy / Auctions / Re: Auction of 2nd most expensive Pizza in history of Bitcoin on: October 09, 2013, 04:27:34 AM
This auction ends on wednesday 9th of october at 12:00 AM forum time.
All non-winning bids are ofc returned.

Against apparently common believe posting wrong counters and being confused does not change the rules.

Auction is over.

Please educate yourselfs: http://en.wikipedia.org/wiki/12-hour_clock
1053  Economy / Service Discussion / Re: Mt. Gox - Oct 15...demand official update on: October 08, 2013, 12:54:49 PM
Mount what?
1054  Economy / Service Discussion / Re: Mt. Gox - Oct 15...demand official update on: October 07, 2013, 04:00:27 PM
IMHO bitcointalk.org, the bitcoin foundation, r/bitcoin, and all other highly frequented websites must warn users about the status of Mt.Gox.

MagicalTux is a highly dishonest person.
1055  Economy / Speculation / Re: Bearish Scenario on: October 07, 2013, 01:07:07 PM
No TA

With Silk Road down Bitcoin now has now no practical use. Buying stuff over Bitpay has no practical advantage over other methods and it's volume is negligible if you exclude ASIC sales.
Bitcoin is now 99% concerned with itself, that is either mining or investing, any sensible individual gonna look for a exit in the following months. Then you true believers will be finally on your own.
It's now a pure financial bubble.

Have fun!

You still have some stock from "the Road", ha?
1056  Bitcoin / Hardware / Re: Avalon ASIC users thread on: October 07, 2013, 01:04:00 PM
Anyone more than me that took the hassle of signing up at tradehill?
avalon, what a joke, b3 4 90GH units for 16btc, and avalon mini 2 board (oc'd to 375mhz) 60GH unit 9btc.
Luckily , they have hundreds of units. so far i can only see one mini that has the 9btc bid.
If they put up some reasonable prices ok..

As long as the units are on hand that's not too bad. ButterFly 60GH units that people have on hand generally go bout 2k to 2.5k or about 14BTC here in Toronto, ON, Canada. If they aren't on hand units and you have to wait 8 months to a year to receive them then yes your right! Smiley



They are all in stock on hand. to be shipped 24hrs after auction end on the 10th of october. but overpriced imo..

Auctions have a paradox.  Items that have a lower starting bid fetch higher prices.  He started too high.  He should have started with no minimum bid.



I guess not many people went through the trouble of sending their ID's to get ripped off...
1057  Economy / Auctions / Re: Auction of 2nd most expensive Pizza in history of Bitcoin on: October 07, 2013, 12:56:30 PM
Punin, make a new thread, 100% self moderated. remove all trolling and off topic issues.
Seems to be the only way these days..
How do I do that?

Not any more this time preferably, it will make the whole thing even much more confusing. Please clarify the open questions instead.

Thank you.
1058  Other / CPU/GPU Bitcoin mining hardware / Re: [Need Advice] Which would be best to buy? Hasfast or Cointerra on: October 07, 2013, 08:59:24 AM
Is Hashfast's $/Ghs much better than KnC's?
1059  Local / Trading und Spekulation / Re: China ! on: October 07, 2013, 06:02:40 AM
Habe gerade dem BTC100 Betreiber hier eine PM geschrieben mit der Bitte, zu dem Volumen auf seiner Boerse oeffentlich Kommentar abzugeben. Mal schaun.
1060  Economy / Auctions / Re: Auction of 2nd most expensive Pizza in history of Bitcoin on: October 02, 2013, 12:01:35 PM
please clarify how many confirmations the bid needs to have at the deadline
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