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261  Other / Beginners & Help / Re: Do you think BTC will hit $300? on: November 07, 2013, 04:52:04 PM
Yes...it already did...end thread.  Celebrate with beer (or cry yourself to sleep with beer if you sold...either way, beer).
262  Other / Beginners & Help / Re: Do you think BTC will hit $300? on: October 31, 2013, 05:01:03 PM
I believe we are entering a new realm.  Somewhere I was reading a page (might've been a Forbes article) talking about Bitcoin and relative risks associated with it.  It shows how regulatory risks have actually decreased significantly.  This is huge because the institutional investors won't touch an investment that isn't legal, but once the legal framework exists, it's game on.  The author of the article believes this is a very positive position to be in, and was speaking in a highly bullish manner.

I'd have to say I agree...the US threw some threats around and took out some of the most brazen (DPR and SR), thus leaving the network stronger, with more legitimate businesses on the roster. 

I have a suspicion we are about to soar, but if you were to look at the anatomy of a bubble we are still all very much in the "smart money" phase...someday people will be like, I wish I had bought it when it was only 1000 USD a peice!
263  Other / Beginners & Help / Re: Do you think BTC will hit $300? on: October 29, 2013, 08:38:13 PM
Also...if my estimates are correct, we could see a sharp "correction" in the stock market here soon...which will possibly be great for bitcoin, but bad for worldwide economy...we're talking record breaking drops.  Gold, Silver, and Bitcoin stand to gain where fiat may flounder.

As my source for this...I went to Investopedia and looked up Triple Top...

Then I went to Google and pulled the timeline out on the S&P 500 back through 1995 (Standard and Poors top 500 stocks...which most people feel is the pulse of the market).

Although we are past the tops of the previous two peaks...I feel there is little but hot air keeping us there, and a likelihood of running out of hot air balloon fuel.
264  Other / Beginners & Help / Re: Do you think BTC will hit $300? on: October 29, 2013, 08:03:55 PM
I have a feeling we'll see some impressive figures well before March, and some impressive crashing as well...it's not the sky falling though, it's the market flooding with newcomers...like this thread...if Bitcoin hits 500+, you can bet your ass the whole world will start waking up to Bitcoin, and we'll see some interesting progression right after a dip back down to the 150 range from some whales becoming millionaires.

So sayeth the hemp.
265  Other / Beginners & Help / Re: Do you think BTC will hit $300? on: October 29, 2013, 07:01:21 PM
This guy offers some interesting numbers...and I wouldn't be surprised if we see something very close to this.

http://www.reddit.com/r/BitcoinMarkets/comments/1p7mkc/some_napkin_calculations_on_the_latest_bubble/

Quote
Ok done some calcs based on your idea that this is pre bubble correction.

The numbers match so well from this bubble to the last is actually scary.

If you assume that the two time periods in this pic (http://imgur.com/xneuctr) are from the same part of the bubble then the number are:

Last bubble: $49 ↓(24%) $37 ↑(102%) $75 ↓(30%) $52 ↑(411%) $266

This bubble: $145 ↓(24%) $110 ↑(112%) $233 ↓(25%) $175 ↑(411%) $719?

If this holds up, we haven't even touched the parabolic climb we're about to experience...this will blow away our previous record highs.

Keep reading though...as 719 is definitely the top of a mountain, and then it falls to around 150 (assuming the trend continues like the previous bubble in April).
266  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple XRP surge open source and ZipZap news! on: October 08, 2013, 08:25:36 PM
Coming: https://twitter.com/WesternUnion/status/385378101070675968

Going: http://www.bloomberg.com/news/2013-10-07/ripple-takes-on-western-union-with-deal-to-grow-payments.html

Right along with everything else google does...get them coming and going...why own one, when you can own them all?

The deal with ZipZap means undercutting WU fees by 90%.  Resistance is futile.
267  Other / Beginners & Help / Re: BitStamp New Verification Process - Slow... ? on: October 08, 2013, 05:54:08 PM
Why do they spit the dummy in regards to PDF versions of bills ?

Perhaps this is a euphemism I am unfamiliar with, but I just tried with a submission of a PDF, will it fail, it was straight from the bank?

If "spit the dummy means" it will fail, that sucks, I guess I'll have to print it and take a damned picture of the printed version with my cell phone, which seems retarded.
268  Bitcoin / Bitcoin Discussion / Re: SilkRoad domain Seized? on: October 02, 2013, 06:11:35 PM
And another one bites the dust...I wonder if Atlantis got wind and shut down before they could be apprehended, hence the hasty shutdown on their part.
269  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ripple has failed. on: September 30, 2013, 10:02:48 PM
Fair enough.  It won't raise adoption in and of itself, but simplification is the key to mass adoption of the network.
270  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ripple has failed. on: September 30, 2013, 05:33:45 PM
We're testing the system while they create it, so yeah, there will not only be unnecessarily complicated hoops to jump through, but also bugs along the way.  Perhaps credit cards will one day be called Ripple Cards, who knows how the adoption stage will kick in, but what is currently available, is one of the most aesthetically pleasing, mathematically secure payment networks ever created.  

They just added the email bridge recently that allows you to send a payment to an email address rather than a Ripple Wallet address.  Changes like this will be added periodically which will raise adoption rates by orders of magnitude.  Once enough improvements are made, it will simply integrate into everyday life running on whatever financial instrument we use most, and even if people aren't fully aware they are using it, Ripple will probably be the underlying system it is running on.
271  Economy / Games and rounds / Re: <<SatoshiCircle>> 30 BTC Giveaway! Party w/ Penguins & Balloons, Aliens & UFOs!! on: September 26, 2013, 07:55:08 PM
Hi spinners -

Just a quick update from us: the site continues to fluctuate, and has yet to stabilize, but we are hard at work and making great progress.
Any deposits made during this period will be accounted for, no worries - and I will fund all new requests as soon as we are back up and solidly spinning again!

We can't thank you enough for your support and patience!  I look forward to sharing good news very soon Smiley

Any news? I've noticed Primedice and SatoshiDice are back up, but Satoshi Circle is still down for me.

still down for me  Angry

I don't know who is responsible for this...though Betcoin has been at the top of the suspects list for a while...and now apparently they advertise right where BFL used to be on the paid advertisement banner of this site.  Is it just me or does this seem somewhat shady of the site admin...long running BFL ads, even after loads of questionable conduct and many overdue orders, only to be replaced with a site which, from the looks of it and based on some of the user posts on this forum, is employing DDOS attacks against its competitors.  I guess the mighty dollar is king...but damn...this is just asking to devalue everything this site is working to build.

TradeFortress even changed his signature to notify people that he believes Betcoin is directly responsible for the DDOS attacks against Primedice, SatoshiDice, and SatoshiCircle. 
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple XRP climbing on open source and ZipZap news! UPDATE - up 83% and climbing on: September 26, 2013, 05:12:30 PM
New client update.  Notice the email bridge.  We've only begun to see what Ripple can and will do for crypto.



https://ripple.com/forum/viewtopic.php?f=1&t=3717&view=unread#unread


 Grin

Happy happy joy joy!

This is it folks, the simplification of Ripple will bring it right to the forefront in no time.

Funny how with all it's criticism's the system is quite beautifully designed and refined.  It has a mac like
feel to it.  Bitcoin has a very Linux-like feel.  Both have their place...I have an android in my pocket right
now, but there are at least two iphones within 20 feet of me as well.  

Anyone else keep hearing Mathew Lillard in his role in SLC Punk talking about the start of punk?  
It was the Ramones, No, it was the Sex Pistols...(Ripple vs BTC).  Clearly Bitcoin started it, but I see all this
banter back and forth and that's what pops in my head a lot.  Who cares...the result is a dude with a blue
mohawk and spraypaint on his walls, it exists, deal with it.

Hate on ripple all you like, it's not going away any time soon.  I think it's just getting started.

Lots of people hate on Bitcoin to this day...especially upon first encountering it.  Now I'm being reminded of the
Tao of Steve...alright enough movie references for now.
273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ripple is officially open-source! w/link on: September 26, 2013, 01:46:03 PM
Hell Yeah!

Lived up to their promise and the price is rising fast.  XRP might hit some record highs soon!
274  Economy / Scam Accusations / Re: SCAMMER: CoinJar.io / Zhou Tong - Deletes My Coinjar Account & Balance on: September 25, 2013, 06:56:15 PM
Well, with the signature line of the OP here...you get the impression he himself is clearly a piece of shit.  This is either one of the parties involved in the satoshicircle ddos or just a poser pretending he did, either way, that equals piece of shit in my eyes.

That means nothing he has to say is worth listening to...yay I get to use the ignore button.
275  Alternate cryptocurrencies / Altcoin Discussion / Re: Advanced (order book) trading for XRP using Bitstamp and the Ripple Client on: September 25, 2013, 06:49:00 PM
That's a good thing. We get to see behind the curtain, before it goes mainstream with all the magic hidden from the average user.

My sentiments exactly.  Bitcointalk is a fantastic place for being there first with regard to Crypto...like XRP giveaways...already made money I didn't have previously, just because I said, sure, I'll take some for free.   Grin
276  Alternate cryptocurrencies / Altcoin Discussion / Re: Advanced (order book) trading for XRP using Bitstamp and the Ripple Client on: September 25, 2013, 06:14:25 PM
sounds like a nightmare

It's a little complicated right now, but complication brings dedicated users to the table, dedicated users bring simplification, and the cycle repeats in this fashion until it becomes accessible to everyone.

This is an advanced guide meant for users who are familiar with Order-book style trading.  Once you get there and get setup...you definitely need to know what you're doing, as buy and sell orders can be tricky sometimes, and entering them manually does not have safeguards...this is why you see some outrageous offers on the bid and ask side...every now and again someone presses the wrong key or makes a typo that leaves the recipient much better off than they should be, and there's not a damn thing you can do about it. (someone bought Feathercoin at 1BTC:1 FTC the first day it started trading on BTC-e).
277  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple XRP climbing on open source and ZipZap news! UPDATE - up 83% and climbing on: September 25, 2013, 04:26:30 PM
As many of the forum users are already aware...Google Ventures investments have a strong possibility of becoming wholly owned subsidiaries.  

What proportion of previous Google Ventures investments have become wholly owned subsidiaies?

Alright...fair point...I'm pulling that out of my ass.  Stricken...I feel the rest stands on its own anyway.
278  Other / Beginners & Help / Re: BTC FROM BITSTAMP TO RIPPLE ? on: September 25, 2013, 01:05:34 AM
Yep, checkout the post I linked...I gave a step by step breakdown...just BTC0.01 will do, convert to USD, then purchase Ripple and send to your ripple receive address in your wallet to allow your account to start issuing Trust.  Follow the rest of my guide to get a gateway opened and start trading on the orderbook like you would at BTC-e and the like.

https://bitcointalk.org/index.php?topic=297326.0

(In case the price changes you need approx 62.5 XRP to grant trust - 50 to start plus 12.5 per trusted node, I am posting when 1usd will get you roughly 100 XRP)
279  Bitcoin / Hardware / Re: Video Interview - Bitcoin Mining For The Masses Cloud Hashing on: September 25, 2013, 12:58:22 AM
Pardon the jackoff that wrote negative comments using my account on this thread.  While I'd be wary of paying for this service personally because I just haven't been profitable with any mining I've tried...I'll be happy to attempt to win that one year free...any bitcoin hashing is better than none!
280  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple XRP climbing on open source and ZipZap news! UPDATE - up 83% and climbing on: September 25, 2013, 12:44:50 AM
nice post from bibbit at ripple forum.

"Ripple will not grow quickly from the grass roots, it will grow quickly by signing up entities who already have many customers. Gateways without existing customers are OK, but gateways with legions of customers with money already in their accounts are much better.

Many religions gained huge numbers of converts each time they converted a single emperor, king or other ruler. Convert the right person and all those under his sway are automatically converted. OpenCoin should be focusing on conferences, big money people and corporate partners for just this reason.

Can you imagine how adoption would catch fire if just four people bought in, who made integration happen for HSBC (Largest non-Chinese bank. Branches in 85 countries), Google (wallet payments and play store purchases worldwide leverage Android adoption, AdWords, AdSense), Apple and Amazon (World's largest online retailer)?

If those four add Ripple integration, all the other players would be scrambling to jump on board.

OC might not be starting that big, but gateways and merchants are really important. That is the beauty and necessity of OC using the large XRP share to hire the staff, fund the evangelism to the right players/conferences and incentivize the early gateways and merchants.

Any fork of the code will be at a serious disadvantage with respect to gateway and merchant relationships."

-bibbit

let's see if OC can pull it off. this project could be big and it's a different ball game out there. OC is taking math based currencies on a whole new level.

As many of the forum users are already aware...Google Ventures investments have a strong possibility of becoming wholly owned subsidiaries.  

Google ventures recent investment in both Ripple and Buttercoin could look to some like competing entities...but to me, and probably the guys issuing the funding...the two will walk hand in hand and strengthen Ripple, XRP, Bitcoin, Buttercoin...and if Buttercoin is successful, probably the New York Stock Exchange and all the other "traditional" financial markets.  We are talking about some of the worlds smartest software engineers, getting together to make a high performance exchange (one that I suspect all gateways in Ripple will eventually run on)...that will spill over into all financial sectors in a manner similar to what Bibbit was talking about here.

Buttercoin is not an altcoin...it is a codename for the beginning of something very big.  Ripple is also the beginning of something very big.  Bitcoin is our Yellow Brick Road/Bricklayer.  That's what I don't get about Ripple haters...if it strengthens the value of Bitcoin...who gives a shit if it's centralized or "premined"?!  In fact, without Bitcoin, Buttercoin would not exist, and Ripple wouldn't stand a chance in hell, but together, they will change the world.
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