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1081  Economy / Service Discussion / Re: WHO WANTS TO SUE Mt.GOX / MARK KARPELES ? on: February 27, 2014, 08:49:39 PM
Yesterday you were defending Gox saying they will rise again. What happened?

I don't believe I have defended them and wishing Gox would rise again and saying they will rise again are very different things. Please note that requesting evidence they are in fact insolvent is not defending its asking for facts. I want facts and since mark is unable to help with this what other option do I have? So without being too rude bitch don't be putting words in my mouth.

@T.Stuart yep same for me . Nothing to do but get trolled till next week I guess Grin

I was referring to OP and the giant picture of a Phoenix he posted.
1082  Economy / Service Discussion / Re: WHO WANTS TO SUE Mt.GOX / MARK KARPELES ? on: February 27, 2014, 07:59:56 PM
Yesterday you were defending Gox saying they will rise again. What happened?
1083  Economy / Speculation / Re: YELLEN: Fed Has No Authority To Regulate Bitcoin on: February 27, 2014, 07:47:49 PM
LOL that idiot was trying to make a name for himself... and now he has... by presenting himself to the world as a complete imbecile and laughing stock.

Who, Yellen? You do realize she's a woman.

I think he meant the senator asking the question: Joe Manchin.

But one could realize why the mistake could be made. She is a bit mannish.
1084  Economy / Speculation / Re: Gox have at least 200k BTC - lost keys or GAG ORDER most likely not theft on: February 27, 2014, 07:37:13 PM

Quote
##mtgox-statement

[15:44] <@bit14> I was just talking with gmaxwell on PM
[15:44] <@Lao_Ban__> This is awesome, IUm glad I stayed up
[15:44] <@bit14> he's skeptical in the sense that this doesn't prove those addresses still belong to gox and they weren't privately issued manual withdrawals for high profile customers
[15:44] <@bit14> which in theory could be right, but feels like a long shot
[15:47] <chrono000> i agree
[15:47] <@bitinstant> I highly doubt it
[15:47] <@bitinstant> We found a connection
[15:47] <@bitinstant> one of the 50k addresses is mtgox green address

Very interesting. That would indicate they control it, for the noobs.
1085  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2014, 07:34:56 PM
People are off their heads gambling on that toxic gox shit! If there was really a silver lining don't you think everyone in the know and there familys would be buying and the price would be 5x higher now??

Not everyone knows about it, lots of new posters lately both here & reddit, don't understand, or don't own enough BTC to take the risk. Not everyone wants to give their ID/ ss# for AML/KYC when they're still figuring out how to use/secure their own wallet.
1086  Economy / Speculation / Re: YELLEN: Fed Has No Authority To Regulate Bitcoin on: February 27, 2014, 07:07:26 PM
LOL that idiot was trying to make a name for himself... and now he has... by presenting himself to the world as a complete imbecile and laughing stock.

Who, Yellen? You do realize she's a woman.
1087  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2014, 08:20:02 AM
No it doesn't. It's been a rocky road and it will likely only get rockier. However distributed consensus networks (in which currency is one application) are is a revolutionary technology, you cannot deny this or else you wouldn't be wasting your time here.
I agree with your every word. That's exactly why I'm here! I really believe in the future of transparent monetary systems that are based on open source development and supported by the internet. Bitcoin is just too flawed and simplistic to fill the shoes of that idea. There has to be something a lot more complex to be considered as an serious currency that can offer price stability.
Some say that bitcoin can develop into something more complex, but I just can't see that. There are too many flaws in the very core that won't be changed. A total remake is a more probable option to me.

Well enjoy the ride then Cheesy I'm sure we will be the first to know if something better comes along.
1088  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2014, 08:13:40 AM
Look kkaspar is a bit like Jorge in the sense that he/she is trying incredibly hard to find good reasons why bitcoin can't and will not work.

I think it speaks for itself that both keep posting here.
If they truly didn't think bitcoin could succeed they'd have left and done something else.

They are either trolling or secretly want to get in.
It is the same as me posting in a my little pony forum how stupid the franchise is.


No, actually I'm trying to find the opposite. Only without success.
Wouldn't it just be great if bitcoin will just expand and expand, and the coins will just get more expensive and expensive, with me getting richer and richer, and all while doing absolutely no work? It would be awesome! Like winning the lottery!
Sadly in my experience, the world doesn't work like that.

No it doesn't. It's been a rocky road and it will likely only get rockier. However distributed consensus networks (in which currency is one application) are a revolutionary technology, you cannot deny this or else you wouldn't be wasting your time here.
1089  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2014, 06:38:08 AM
They 're seriously running out of time (if any of the above is really true, that is)...

Agreed. I edited the net income #s but still, yeah.
1090  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2014, 06:30:28 AM

Thanks. Takaways:

+430% accounts in 2013
1 million verified customers (submitted docs, etc)
demand was growing faster than their infrastructure
definitely planning on implementing Litecoin and possibly other cryptos in the future
partnership w/Mastercard in Canada (test market) for prepaid Bitcoin debit card
planned relaunch of improved website
planned auction site

edit: they were definitely solvent w/projected $925,000 in trading fees & $200,000 in net income from 4/2013 to 3/2014
1091  Bitcoin / Bitcoin Discussion / Re: Please help me smash these Yahoo retards. on: February 27, 2014, 05:14:18 AM
I like the George Carlin quote...

"Think of how stupid the average person is, and realize that half of them are stupider than that."
1092  Economy / Service Discussion / Re: I lost 206000 dollars in MTGOX on: February 27, 2014, 05:09:59 AM
To be fair I really don't think he stole the bitcoins, I have a feeling people will get it back and it'll be a nice surprise for everyone

Ha! That'll be the day. Considering our history, though, nothing would surprise me at this point. Between the "leaked document" that is legit, then not legit, then legit again, and all the FUD going around, who the hell knows anymore.
1093  Economy / Service Discussion / Re: DONT LET MARK KARPÈLES LEAVE THE COUNTRY! on: February 27, 2014, 01:07:50 AM
Reminds me of the Yifu Guo incident. People were calling for his head on a platter before he turned around and refunded everybody.
1094  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 08:38:17 PM
Mtgox BTC still selling for $50 USD! Bitcoinbuilder keeping the ghost of Mtgox alive! Josh actually posted new warnings about Mtgox insolvency that you have to agree to before you can continue trading.

The following guy is just not accepting the reality of the situation here.
2681.47000000   GOX for    0.80000000    ฿ ea.

Just people betting that Gox will be bought out and made whole. You're preaching a the choir of gamblers here.

Nothing wrong with the gambling if you have the edge

Totally. I gambled a bit with this one, I admit. Gox is a honeypot for potential investors. Yes, armchair Gox critics, there is value there.
1095  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 08:25:53 PM
Mtgox BTC still selling for $50 USD! Bitcoinbuilder keeping the ghost of Mtgox alive! Josh actually posted new warnings about Mtgox insolvency that you have to agree to before you can continue trading.

The following guy is just not accepting the reality of the situation here.
2681.47000000   GOX for    0.80000000    ฿ ea.

Just people betting that Gox will be bought out and made whole. You're preaching a the choir of gamblers here.
1096  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 08:04:54 PM
Sounds more like "when they have never sung at the opera."  Wink

I do exactly that for a living. Learning an opera would be akin to learning cryptography or how to code.

Quote
Seriously, how many times do I have to write that I believe that cryptocoins can be great payment methods, and wish them all the success at that?  My skepticism has nothing to do with those aspects of cryptocoins, and me using bitcoin cannot possibly tell me anything relevant to the sources of my skepticism.

Agree to disagree Wink
1097  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 07:21:28 PM
Sorry if this was posted already:

Jesse Powell's Blog
Unilateral Statement Regarding Fucked Up Shit, and the Greater Good
http://jesse.forthewin.com/blog/2014/02/unilateral-statement-regarding-fucked-up-shit-and-the-greater-good.html

Jorge, I'll be interested in reading your posts once you start actively using Bitcoin.

In my industry, it's like taking a music critic seriously when they've never been to the opera.
1098  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 06:58:13 PM
Orly? Tell that to Forex traders who speculate in every single currency in the world.

Can't you understand that trading currencies with one another is different from A currency being a good investment?
It would also be ok, if people are buying bitcoin to trade with other cryptos and to make money with trade. But people buying bitcoins are buying to hold and to wait for as long as possible to sell. It would be like someone on forex buys USD or CNY to hold and become rich by holding.
Don't try to confuse two totally different things with one another please.

1099  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 06:46:25 PM
2012 called, he wants his "bitcoin will never be a serious currency" argument back. Markets need buyers and sellers. Price discovery, liquidity, market makers, all that.


Well, what was true in 2012 is true now. Not much has changed in bitcoin structure that would make this argument obsolete.
Yes, markets needs buyers, sellers etc. It's hard to understand what you're trying to say with that. It certainly isn't a counter-argument to currency needing stability and bitcoin being unable to offer it.

I assume more buyers and sellers create a more stable price. You should have been here last year when a few hundred coin dump could take the market lower significantly. We've come a ways since then.
1100  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2014, 06:42:09 PM
Bitcoin is a cult. Confirmed.

This user is currently ignored.

Confirmed.
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