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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2014, 09:44:22 PM
Fuckin' nuts!
2  Economy / Speculation / Re: Possible FUD: "Leaked" Gox doc claims that 750,000 coins lost over several years on: February 25, 2014, 01:03:50 AM
It's easy to have no money on Gox, when you have no severe mental retardation.

I wonder would Mark finally have succeeded in killing Bitcoin with this one; he's been trying long enough.
3  Economy / Speculation / Re: MTGOX hits $570 "A bug in the bitcoin software makes it possible for someone to" on: February 10, 2014, 12:35:14 PM
Find me one Bitcoin wallet software that has this fixed as of right now and I will pay you 1BTC. HINT: there are none.

At the very least, I'm pretty sure blockchain.
4  Economy / Speculation / Re: MTGOX hits $570 "A bug in the bitcoin software makes it possible for someone to" on: February 10, 2014, 12:30:16 PM
Two words.  Spread them wherever you go: BOYCOTT GOX!
5  Economy / Speculation / Re: So whats the reason for this crash? on: February 07, 2014, 06:10:36 PM
Sorry, guys.  I knocked my money plant off the window sill.  It's a little beat up, but back in the pot and should recover over the next couple of weeks.  If not, I'll break into the special nutes (they're what caused all the growth last year).

Keep on Bitcoinin'!
6  Economy / Speculation / Re: [POLL] - Predict Bitcoin's all time high on: January 23, 2014, 11:26:54 AM
If Bitcoin isn't crushed within 18 months, it will be meaningless to measure the price of 1 Bitcoin in worthless government paper.
7  Economy / Speculation / Re: Bitcoin pegging itself to the USD? on: June 18, 2013, 12:28:26 AM
Thanks for the responses.  I don't mean for that any individuals or group would act as a full redeemer.

Simply that they would burn anyone who buys above $105 or sells bellow $95 and after a period of stability during which Bitcoin dispensers become more widespread and merchant adoption increases, slowly bring this upward and let Bitcoin spread its wings while they sit on the bulk of their stashes.  Obviously, one wouldn't bother if the swings got too large or other large players entered the market, but for a pod of whales it seems possible.
8  Economy / Speculation / Re: Bitcoin pegging itself to the USD? on: June 17, 2013, 11:38:21 PM
Well that's about the dumbest idea I've ever heard

Fair enough.  Throwing out dumb shit and hoping it starts an interesting conversation is kind-of my thing.

The big whale dumps really lowered the price and confirmed that a few entities have a fair reserve of USD.  Some of them may still have a ton of XBT.  Collusion between a small number of early adopters isn't obviously impossible.  It could well be in their interests to act as a Bitcoin central bank for a couple of weeks or months, letting infrastructure develop, bleeding off a percentage of each of their hordes to increase the probability of ultimate success and greater riches.

Perhaps its obvious to someone in the pits that such entities would be fleeced by a large number of smaller traders or that said traders would lose interest, is necessarily this the case?  They only need to make market moving purchases when it drifts ~10% from $100 and not absorb any absurd asks.

Again, just curious as to whether this is possible or rational.
9  Economy / Speculation / Bitcoin pegging itself to the USD? on: June 17, 2013, 09:02:04 PM
When Max Keiser suggested it, it sounded ridiculous.

But maybe he wasn't talking to me.  Maybe he was talking to the whales or even the great manipulator(s).

Corrected link.  Had typed https, and it would appear Mr Keiser's site doesn't support SSL.  Thanks, Komodorpudel.
10  Economy / Speculation / Re: Rally!!!!! on: June 12, 2012, 06:02:39 PM
I'd been enjoying the stability, but a little RALLLLLLYYYY!!!! is going to be fun.

I'm going to shove it right in my smarmy friends faces the next time they're all "How are your little Bitcoins?" Wink
11  Other / Off-topic / Re: has been hacked!!! on: September 04, 2011, 08:52:57 PM
Is this the end of mail!?!
12  Other / Politics & Society / Re: Internet billionaire donates $1.25 million to create libertarian islands on: August 21, 2011, 10:09:41 PM
Economists often rely on "natural experiments", since it it almost impossible to persuade a representative sample of humans to change their entire lives in order to generate data.

In these hypothetical cases, many models will be applied to interpret the data generated.  The societies do not exist in isolation to answer someone's question.

While I would not currently choose to live in one of these societies, I see no large involuntary human cost to their activities and a great deal of potential gain.  Even if the next 1000 artificial societies fail, we'll have access to a great deal of information regarding how not to order societies.  It's difficult to imagine anyone opposing their activities without malicious intent.
13  Other / Beginners & Help / Re: Bitcoin Android Released! on: August 17, 2011, 09:55:06 AM
I've been waiting for this:

$80 Android Phone Sells Like Hotcakes in Kenya

Hope the app will run.  If so, this could make a real difference.
14  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin propaganda extreme QR-Code on: July 22, 2011, 06:14:14 PM
Cyanogenmod 7, Barcode Scanner 3.6.  Scans instantly.

Well done, phelix.  I didn't know you could get rid of half the timing info like that, and it looks amazing.
15  Bitcoin / Bitcoin Discussion / Re: Oh, the growing pains of Bitcoin! on: July 22, 2011, 06:08:07 PM
And locked the topic.  Their loss.
It's astounding to me that people don't at least give it a shot; worst case scenario, you change them into dollars.

I've tried donating Bitcoins to podcasts I like and been ignored.  I guess it sounds a little scammy, despite my emphasis that one could simply change it into dollars without investing.

EDIT: It's a pity Mr Thiel is probably contractually prevented from endorsing competitors.  I bet we could get him on our side otherwise.
16  Bitcoin / Bitcoin Discussion / Re: I was asked a tough question, who can help me answer? on: July 21, 2011, 01:07:03 PM
If Bitcoin continues to increase in valuation, then I'll be changing wheelbarrows full of fiat for Bitcoin as fast as I can and spend the Bitcoin when I need to.

If I choose to hoard all my Bitcoin until I die and never spend them, this isn't particularly bad for everyone else; I will have slightly increased the value of their Bitcoins.
17  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: July 14, 2011, 04:26:53 PM
While I disagree with his conclusions, he is one of the few people very critical of the project who has a non-trivial understanding of Bitcoin.
18  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: July 12, 2011, 10:29:31 PM
NPR's Planet Money podcast has updated its RSS feed (but not yet its website?) to include an episode on Bitcoin.

I'm too tired to listen to it right now, but I'm sure it's very important.
19  Economy / Goods / Re: Gold & Silver for bitcoin on: July 08, 2011, 06:40:49 PM
Understood, thanks!  Those 1 and 5 gram bullion are cool, but I can see why it would expensive to handle lots of little stuff with mail and all.
20  Economy / Goods / Re: Gold & Silver for bitcoin on: July 08, 2011, 05:48:35 PM
That's awesome!  Are you considering stocking smaller amounts of gold?  Buying a full ounce is pretty hardcore.

Selling gram quantities of bullion would put it in the range of casual miners, and would generate a lot of interest.
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