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41  Bitcoin / Bitcoin Discussion / Re: BITCOIN booth at CES Las Vegas! Tell all reporters! on: January 05, 2012, 05:54:36 PM
I hope you guys have a great turnout at CES. This is a great chance to promote bitcoin and your POS business.
42  Economy / Speculation / Re: $7 today?!! on: January 05, 2012, 05:15:47 PM
Bit-pay is going to have a booth at CES (consumer electronic show) in Vegas next week

prepare for lift off

$10 is easy on the horizon

hmm Bit-pay girls at CES promoting bitcoin POS system. Now that is some real bitcoin marketing right there. It's a pretty big news.
43  Economy / Speculation / Re: who are you the ones from reddit on: January 05, 2012, 05:13:18 PM
Since it hasn't been said yet, I'll say it.


This could easily be fake.

You can edit the page's text, edit the page's source code, or even just edit the screen shot with photoshop.

I did so, and it earned me -16 on bitcoin-otc.
Don't troll on that channel, guys.  It is fun but expensive Wink

They are srs over there. -16 for trolling lol  Cheesy
It isn't like the speculation section here.
44  Economy / Speculation / Re: The Bitcoin Sentiment Indicator on: January 05, 2012, 03:49:14 AM
Patience and discipline, just gotta keep telling myself.... and if i'm wrong well... meh

If you're wrong, you just missed the opportunity of a lifetime.

If you're right, well... meh.  It will go up again.

its the former. i lived thru the Spring minute by minute and this is exactly the same, except this time we go further.

Missing an opportunity of a lifetime... I don't know if I could just go meh and forget about it.  Wink

I'm sure a lot of people are already going "meh" about not buying at $5 when they had the chance earlier today. Forget last Oct-Dec..
45  Economy / Speculation / Re: You guys need a reality check on: January 04, 2012, 11:38:24 PM
Quote
10) Last but not least, who the hell is stupid enough to pay $5.00 now for a bitcoin?
Good luck buying a bitcoin for 5$ now  Cheesy
 

If bitcoin takes off this year, I really doubt that we will ever come back down to below $4 unless sometime drastic happens to bitcoin and the network completely dries off. And it's looks like we are getting ready to take off real soon into double digits. Of course there is a chance it may fall back down, but I think it's very slim chance that we will ever see prices we did back in Oct-Dec 2011 unless something drastic happens to bitcoin.

Enjoy the low single digit pricing while you still can.   Wink
46  Economy / Speculation / New bitcoin nodes popping up in Asia on: January 02, 2012, 05:40:50 PM
I've been keeping my eye on this site http://www.blockchain.info/nodes-globe?series=48hrs where they show the active nodes in the past 48hrs for a few months now.

What I've been seeing is that there are many new nodes appearing in Asia in the past two months where it was nearly completely dark.

Will 2012 be the year that the giants like China and India among other countries start embracing bitcoin? One thing for sure is that the news of bitcoin is definitely spreading into these area.
The bars at Beijing, Seoul, and Taipei have been growing fast and small bars have been appearing all over the Southeast Asia as well as India.

It will be really exciting to see new exchanges and services appear in these area in 2012.
47  Economy / Speculation / Re: $5.5 today!? on: January 01, 2012, 09:25:42 PM
there goes $5.4
48  Economy / Speculation / Re: $5.5 today!? on: January 01, 2012, 09:02:28 PM
The days of buying bitcoin at $5.5 are numbered. All aboard the rally train!  Grin
49  Bitcoin / Bitcoin Discussion / Re: What people would you like to see on denominated bitcoin bills? on: December 29, 2011, 08:26:21 AM
JFK?
50  Economy / Speculation / Re: "No Reserve" explanation on: December 29, 2011, 03:52:06 AM
i've told you what i think has happened.  in a small, immature market, the short selling Zhou provided has caused a long term unnatural suppression of the price over the past several months.

now we're seeing market fundamentals snap back in a vicious way.  lotsa ppl are going to get hurt...

+1

BTC price won't be held down by Bitcoinica trading alone anymore and it's showing.
51  Economy / Exchanges / Re: BTC-E.com exchange BTC/GG/SC/TBX/LTC/FBX/RUC/NMC/IXC/I0C <-> USD\BTC on: December 29, 2011, 03:37:12 AM
any news on when you guys will allow nmc deposits available again?
52  Economy / Speculation / Re: Up, up and awaaay.. on: December 25, 2011, 05:23:35 PM
Merry Christmas everyone!

just gave a combination of USD, a gold coin, and a physical Bitcoin to my 3 kids.

my 16 yo commented, "this is the perfect hedge!"

looks like you've been teaching him well  Grin Some things you just don't learn in school.
53  Economy / Speculation / Re: Major correction to rally coming... on: December 25, 2011, 01:48:33 AM
My analysis is based on these points:

1. Elliott waves.  I have a feeling that what we just experienced (1 month long rally) might've been II.b.1 (or however you say it).  Of course, Elliott waves are rather unreliable.
2. RSI at 70 for a while.
3. Daily parabolic SAR, a reliable indicator of massive selloffs, is approaching the price.  Last three times this happened:
(a) August selloff.  $13 -> $5.7
(b) Early September selloff.  $8 -> $4.2 low
(c) Mid-November selloff.  $3 -> $2
Yeah, yeah, sample size 3... but it's hard to get a larger sample size in the larger movements of Bitcoin markets Tongue
Also, it changes rarely, but when it changes, it has predicted 33-60% decreases, which is pretty damn interesting, if not completely predictive, in my book.
4. It's gone up, up, up for a month... it's simply time for a correction, which we haven't had on a large scale yet.

so you think we are on a downtrend still or an uptrend like you said on another thread? II.b.1 being the wave you think we are in.. but it's unreliable.. Maybe you have some bids up? Smiley

This section of the forum is quite fun to keep up with. Interesting to read what people put up here based on btc market conditions.

Either way, I guess if you think past selloffs are indicative of future btc performance then it seems safe to assume you think we are still in bear territory and rally was just a correction of the long half year long downtrend. I hope we are past that though and finally moving upwards in the coming year.
54  Economy / Speculation / Re: Major correction to rally coming... on: December 25, 2011, 12:07:35 AM
From another thread:

1. up Dec  1 - $3.14
2. dn Dec  4 - $2.63 (50% retrace)
3. up Dec 19 - $4.5
4. dn (pick your own retrace target) 50% would be =~$3.57
5. up ~$5.8+ target


This sounds similar to what I'm thinking.  Going to $6, guys.

What caused the about turn in your forecast?

he's short on bitcoinica? What else makes anyone bearish on this forum. lol
55  Economy / Speculation / Re: Shameful manipulation! on: December 20, 2011, 06:24:49 AM
maybe he just misses buying bitcoin under $4  Roll Eyes
56  Bitcoin / Pools / Re: [1000 GH/s] Slush's Pool (mining.bitcoin.cz); Pool back in action! on: December 20, 2011, 12:59:29 AM
Really glad to see Slush's pool still going strong after a year when many have come and gone. Being the first pool I ever and first I mined at, it's makes me feel good celebrating it's first's B-day. Smiley

It also goes to show what great job Slush have been doing throughout the year. I wish the best and many more B-day's to celebrate in the future.

Happy belated B-day!
57  Economy / Trading Discussion / Re: Stay away from Cryptoxchange as Bitcoins go in but Fiat don't come out. on: December 19, 2011, 09:48:31 PM
Well I guess I should be glad that I was never able to sign up because I had issues with their website.

I just never had a big reason to use exchange other than MtGox/dwolla since I'm in the U.S to keep things simple with minimal fees.
58  Economy / Trading Discussion / Re: MtGox Troubles on: December 19, 2011, 09:44:53 PM
I have, had $1k stolen from my MtGox account (via BTC withdrawals).  I will never use them again and I recommend others use an exchange with better security.  MtGox is responsible for the great BTC crash and I can guarantee you it will happen again, and everyone will lose a shit load of money again.

I think you'll be hacked again.  Roll Eyes

Seeing how you don't seem to want to learn from your own mistakes and not having taken all security measure possible for you such as yubikey, it seems likely.. Just saying..
59  Economy / Trading Discussion / Re: Mtgox problem? on: December 19, 2011, 09:33:30 PM
Looks like you are having about the same issue with MtGox that I am and getting about the same terrible results.....Hopefully MtGox will loose many accounts and go under.....What a piece of crap site it is....

I agree, I'm convinced they stole money from me, withdrew all of my BTC.

I'm convinced that you have no proof of this and you are simply crying about your computer being compromised. If you were so concerned about your own security, you should have bought a yubikey.
60  Economy / Trading Discussion / Re: Mtgox blocks account! Verification takes forever! Stop Grabbing people's funds on: December 12, 2011, 05:01:14 AM
The reason BitCoin grows up everyday is freedom, anonymity, unlimited,
Sorry, but Bitcoin is not anonymous nor "free" of regulation. Maybe you need to grow up and get out of your rebellious phase-- and start obeying your legitimate authorities (obedience is a virtue!).
says the mildly insane pool operator catholic, who put prayers into the blockchain...

Bitcoin maybe used to preserve anonymity, but MtGox operating as a bitcoin exchange still must follow their local laws to keep their doors open. I agree with that Luke is saying here.

Also, the argument to discredit someone based on religious belief and how they run a mining pool he owns simply reflects poorly on yourself.

And even though they may be the largest exchange available, that doesn't mean that they have unlimited resources to expedite things that naturally takes time.
I've had my share of issues that took time to resolve with MtGox, but one thing for certain is that they've come through each time provided I do my part to help them do their job.
I do think that they could provide a bit more personal and expedient service, but knowing they have a lot on their plate I can digress hoping it will improve over time. IRC is always an option if you need immediate answers.

My best advice is learn to be patient when dealing with bitcoin businesses in general when things go wrong. Even the official client is still in beta for example. Everyone can agree that there is much room for improvement on almost all sides of bitcoin community, but things don't just happen overnight.

MtGox is one of the few exchanges that have stood the test of time thus far and I personally consider them to be a great ally to bitcoin as they share the common interest of bitcoin being a success. They haven't given me any reason to doubt this yet.

It's not to say that users shouldn't advocate transparency and come forward with any wrong doings of MtGox, but as long as they have legitimate reasons to comply with AML regulations and enforce them, you should exercise patience and try to work with them to speed up the process rather than complain.  

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