Theres plenty of coins stolen by the FED that are going to get sold when the DPR trial ends. That may well cap any major price run for a while.  |
|
|
|
Bringing bitcoin manipulation to a much larger audience  |
|
|
|
Don't think anything relevant is OT in this thread but just in case. from today gold's best 7-day run since Aug 2011 (shifting to 5-month highs)  |
|
|
|
Is this the capitulation/bottom everyone has been shouting about? Or is there more to come? just lying on the beach thinking about going for a beer  |
|
|
|
hash rate seems to have dropped off quite a bit. |
|
|
|
Breaking news. UK consumer price inflation fell sharply to 0.5% in December, down from 1% in November, the Office for National Statistics (ONS) has said.
December's rate is the joint lowest on record, easing pressure on the Bank of England to raise interest rates.
Many economists had forecast a rate of about 0.7% because of the slide in global oil prices.
deflation everywhere |
|
|
|
You see, when you have this sort of insane production model, over time it becomes a question of which dries up first, buyers of product or bankers to finance production. So, we shareholders are basically a hedge.
Unless you own AM1 or AM100, you're not a shareholder, you're a customer. It's about time that shut down, payments have been negative for weeks by most reports I've seen. If those customers wanted to get back into cloud mining then the logical choices are AMHash and Hashnest so there could be spurt of buying on both/either which could increase the price. Yes, CEX totally flopped after that big diff. jump in early November and the fizzle of that sizable BTC bounce shortly after. Incidentally at the same time BPMining“s payouts started decreasing until it blew up. So, I guess they could have been mining at ghash. could just be they've stopped the cloud mining (stolen it back) and started mining for themselves. end of ponzi but hashrate unchanged. ?? |
|
|
|
|
serious thread deja vu.
Hating on the Bitcoin distribution always misses the point.
The current global fiat/financial system is broken and concentrates wealth upwards. Rich get richer poor get poorer. Why? Because it's a an opaque rigged casino, with the banks, credit card companies and JP morgan et al owned high frequency algorithms siphoning off value on every single transaction.
The point being, that until the current playing field is levelled, open and mathematically honest there can never a fair distribution of wealth let alone an equally distributed one.
Even a person born after all the Bitcoins are distributed and earning a tiny trickle of Bitcoin through hard toil will be better off than in the current system.
As it is, they are playing a rigged game without knowing the rules, blindfolded. Be a part of a possible solution, buy a few coins and give them away to those less fortunate in 10 years time. Charity is one of the best use cases.
|
|
|
|
Is anyone taking legal action here? |
|
|
|
1000 pages .... Gold hasn't collapsed and Bitcoin is not UP see you at 2000  |
|
|
|
do nothing  |
|
|
|
Your prose is amazingly polished and clear. You are a professor of something. Philosophy is my guess
Uh, thanks! Yes, a prof of Computer Science, at a public univ in Brazil. prof. bitcoin troll. ... all of your claims in that lengthy (worthless) prose are unsubstantiated of course.
A Taxonomy of the Troll
Class B bitcoin troll (lat. trollus averagus)
-How to recognize: bait-and-switch thread titles and well-executed concern trolling; methods designed to fool the reader into thinking the troll is a non-troll.
-Recommended response: agree with everything they say in a satirical way. Their arguments are usually so flawed that simply rephrasing back what they said will reveal their lunacy. This technique is especially effective if the troll doesn't recognize this attack vector until he's already sunken his ship.
-Examples: Nagle, JorgeStolfi, Edward50
|
|
|
|
|
I suspect most people who have been trolling Adam and the sidechain developers have ulterior motives. They probably either hold large Alt coin hoards, are part of alt coin development teams or have other vested interests that the sidechain project would directly compete with/make redundant.
|
|
|
|
more like 2016 with the block halving, or maybe later this year
I don't think we'll see much action til late 2015 or 2016 either.... we are currently in what I think will be the longest "despair phase" we have ever seen. It should shake off a lot of weaker hands currently holding actually it's not that bad, it's accumulation time i like it, tons of bitcoin now, and tons of value later my gut feeling is we'll have two bubbles between now and around the time of the next halving. |
|
|
|
whilst i'm here. also of interest today President Putin signed a law on Monday doubling the deposit guarantee for bank accounts, to 1.4m roubles (£16,290; $25,370).
The last time Russia suffered a major economic crisis, in 1998, many ordinary Russians saw their bank savings wiped out.
Mr Putin has also given the Russian central bank the power to recapitalise the country's biggest retail bank, Sberbank, directly with soft loans. The total must not exceed Sberbank's capital as measured on 1 January 2015.
The "subordinated debt" issued by the central bank, if Sberbank needs it, will not have to be repaid until other loans have been paid off. It is a cushion in case Sberbank gets into financial difficulty.
Other banks can be recapitalised by the central bank through Russia's deposit guarantee agency, using federal government bonds. not really sure what this signifies, but I assume they are pretty concerned about the state of the countries banks to hold up in this crisis?? |
|
|
|
Trouble ahead in Greece http://www.bbc.com/news/world-europe-30623421Although Syriza's lead in the opinion polls has been narrowing in recent weeks, there is concern in the markets and among EU officials that a new Greek government could throw out many of the fiscal reforms implemented by Mr Samaras's coalition with the left-of-centre Pasok party. Thanks for this. It's just a matter of time. . the left-wing Syriza party leading the polls wants the terms of a huge EU-IMF bailout renegotiated. That could cause some upsets in the financial markets, and may even lead to a greek exit of the euro?? |
|
|
|
Trouble ahead in Greece http://www.bbc.com/news/world-europe-30623421Although Syriza's lead in the opinion polls has been narrowing in recent weeks, there is concern in the markets and among EU officials that a new Greek government could throw out many of the fiscal reforms implemented by Mr Samaras's coalition with the left-of-centre Pasok party. |
|
|
|
|
Show Posts
