Only one person, who asked for the refund *before* the google docs form was up.

I guess you do not mind preorders because you did not preorder BFL, bASIC, Avalon batch #2 and #3 and Avalon chips.

No matter how hard we try to warn noobs, more and more noobs will flood the Bitcoin ecosystem, they will arrive completely blinded by greed, and they will throw their money into these pre-order schemes while dreaming about getting rich quick.

Sad.

This just means that BFL is scum and is fucking with customers who paid +1 year ago, giving priority to Cloudscam who is buying mini-rigs through the back door.

I guess it is not possible to invest any more until you solve the problem and "unfreeze" the funds of earlier investors, right?

I'm able to withdraw my money.

The +BTC7800 wall at $127 looks solid. Someone is willing to purchase $1M in BTC

Just my two cents: Ask yourself sincerely if you might think "something has changed" in you because in the last weeks Bitcoin has been stable (or in a growing trend). Ask to yourself if you wouldn't go back to the heartache if you see the price quickly crashing to sub-$50, or if you will not shit on your pants if Gox go broke or the regulators get harsher.

Anyhow, my recommendations is not waiting for "something to change" in you as you wrote, because that means that you are driven by emotions, which is a big mistake. Be cold minded and choose a strategy and follow it no matter what. If you are driven by emotions you will get greedy when the price skyrockets (you confirmed this point in your post: "If I get double the price I paid originally, I might consider selling. But if that would be the case, it would be so bullish that I'm not sure if I could let them go."). If the price goes into an exponential trend and doubles every week again, it looks like your greed will push you to hold so you can return the biggest "I told you so" to your friend. Beware.

Same thing applies for the opposite case: you felt a lot of heartache, "but something has changed". Why? Because the price is stable and looking good? Just be sure the heartache does not come back if there is a lot of blood on the streets, a huge crash and it seems like Bitcoin is headed to $0 - because anyway, did you invest ONLY money you can afford to lose?

-> "Failure is not an option.”

-> "Somewhere, something incredible is waiting to be known."

-> "The only way to discover the limits of the possible is to go beyond them into the impossible."

And now a couple of "mocking" ones:

-> "We are like butterflies who flutter for a day and think it's forever."

-> "I love deadlines. I like the whooshing sound they make as they fly by."

We could use some additional transparency. What were the "tough questions" and the "tough answers"?

A tribute to Satoshi would be great.

This. I think we have a winner.


So many posts and time in here and you do not know where that sentence is stored forever and what are its (many) meanings and importance?

FYI: https://en.bitcoin.it/wiki/Genesis_block

They are definitely not willing to perform a "hit and run" scam, but anyhow every day that passes without them showing a chip and a working prototype, the more likely they will miss the September deadline.

Considering US soldiers are murdering hunderds of thousands of innocent people all over the world, what would you consider them - good or bad "guys"

I make this point because when I said that I don't believe in "good" or "bad" guys (I just believe in "guys" that do bad or good things at some points of their lives) I was mocked by pretty much every one on this thread. And here you have the example of how people who is murdering women and children and bombing countries to the stone age, sometimes enjoying what they are seeing, are justified by you - and I'm sure they are justified by their families and community.

Or maybe we have the good guys, the bad guys, and the US soldiers on the "collateral murder" video, which do not fall in any one of the former categories?

People do both evil and good things, but living in a culture that feeds on fear, while considers firearms "freedom tools" and nice toys, do not help at all.

Avalon update on August, 19th: "refunds are being processed"

Reality on August, 27th: no refund has been reported in here.

So, Avalon is either lying or the people is getting refunds and are not reporting back. Or maybe Avalon's english is so lousy they forget to add "soon" at the end of the sentence.

Pretty outrageous stuff nevertheless.

My guess is that there is too much fear and too much greed. I strongly believe there are very few psychos who enjoy hurting people, and that the vast majority of crimes in this world are commited because of fear and greed - those are our two biggest problems IMO. Some turn to god to control the fear and greed in them, but as an atheist I never understood why. I personally don't need to believe in god to be good to the people around me, or to know that being forgiving, generous and compassionate makes me happier than living in anger.

My point is that most of people is not intrinsically good or bad, the vast majority of people do both good and bad things during their life (again, those teenage soldiers in "collateral murder" enjoyed killing innocent people, but nevertheless they did not even go to trial and are now probably considered "proud and honorable war veterans" -  so, are they "the good guys", "the bad guys" or just "guys" that did something very evil? )

Nevertheless, when people is heavily armed they do huge damage when their mind flips out - and minds DO flip out,  especially in a violent society like the USA.

And seriously: the world is so fucked up where you live that you fear a random guy breaking and entering your home to rape your family? REALLY? Wow, that's fucked up. Where I live there are few rapings, and most of them are commited by people very close to the victim (relatives, friends, family), which are people the victim wouldn't shoot in any case.

And this might be slightly off topic, but I would ask you why do you think your society is so violent, both internally  (random killings, shool shootings, wackos blowing up entire buildings, etc.) and externally (executions without trial by drones, bombing countries to the stone age, guantanamo, etc.). It's an frank question, it would be interesting to know the opinion of the people living that reality first hand. In my opinion, most of that violence (yes, the internal too) is based precisely on fear.

So, the military (as the ones in my example) are generally "bad people", regardless of their country of origin, right?

Really? So what are the US soldiers on the "collateral murder" video leaked by B. Manning? They killed +10 unarmed civilians and seriously injured two kids (which are probably dead now), and they really enjoyed the view of the corpses of the people they just killed... "look at that... Nice" they said to each other while admiring the torn apart bodies on their chopper screen.

Sad thing is they are no different from all other soldiers deployed in war zones, those guys are probably heroes in their neighborhoods, and are the best example of proud American soldier who went to defend their country for their friends.

On a side note, its pitiful to see how obsessed are some of you about random people raping your wife and kids. Is the world so fucked up where you live that you really fear that?

I guess the US is founded on fear. You fear some evil bearded men that will come and try to take your beloved freedom away, so your government can just strip you of the most basic rights (what an irony), while the US military can justify horrendous crimes commited all over the world. You fear your neighbour, so you end up violence as some necessary evil you need to master to protect, again, your freedom.

Well, with guns there is a sort of vicious circle going on in the US. As you said, its true that criminals DO have guns in Europe, and its not so difficult to buy one on the black market... But criminals (mostly drug dealers, "mafia" members, etc.) just do not carry guns around, they have them to kill other criminals or defend themselves from other criminals (or the police, if needed). In Europe, Spain, etc. you won't read about a random guy killed in his house (or on the street) because a robbery/assault, you will read about a drug dealer being executed by another drug dealer (just happened not so long ago near my house), russian gang members killing each other, etc... And still this happens just a few dozens times per year in countries with +50 million inhabitants, and nobody in my country feels unsafe or with the need to carry a gun.

Why? Well, as ALL citizens are unarmed, criminals are just less violent, especially with normal citizens. They do not fear for their life when they steal your call/break into your house (they know nobody will shoot at them... Not even the police!), so they really do not need to carry a gun, considering that committing a crime using a gun (even if you do not fire it) might get you tenfold the time of jail you would get if you commit the same crime unarmed. See, there is no need for criminals to use guns against unarmed citizens, from one side they are "safe" and there is no threat for their lifes, from the other side going around with a loaded gun is a huge crime in Europe which would get them A LOT of additional jail time, so its just plain stupid to carry guns.

So, there you have the vicious circle - you say criminals are violent, so you arm yourselves and prepare for the fight and criminals get more violent and prepare for the fight. Honestly, the fact you have people like Holliday, who just carries a gun by default, makes a society violent, because you have a lot of random citizens carrying deadly weapons and they are ready (and it seems even proud) to use them.

Last but not least, I honestly do not believe there are "bad" and "good" guys. The best people in the world do stupid things at times. The point is that the less violent is a society, the better for everybody - and the US is a very violent society. I acknowledge there are some areas where you NEED a gun, but that is sick and should be addressed ASAP.

I'm referring to buy&hold vs cashing out profits, or buy&hold vs "risk balancing" strategies which purpose is again to secure fiat profits while reducing the exposure to BTC. Long term, BTC has only gone up exponentially,  thus the best you can do is to buy as much as you can

Plus, does Goomboo consider fees and slippage in his back tests? Because those are two profit killers in this market. In fact, he shows backtests of hourly 10/21 EMA crossings, but he admits that he trades once daily at most, picking up very carefully his trades, because otherwise slippage and fees would eat all his profits. Making a long story short, the theoretical graphs of Goombo are very nice and very instructive, but the reality is quite different.