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Author Topic: Bitcoin Project will be making a major announcement in September  (Read 53284 times)
capsqrl
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September 15, 2012, 12:27:04 PM
 #321

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

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Chang Hum
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September 15, 2012, 12:33:56 PM
 #322

I've checked the bitcoin2012 site and was surprised to see no mention of Gavin as a speaker I thought he'd be the one making the announcement.
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September 15, 2012, 01:03:01 PM
 #323

I've checked the bitcoin2012 site and was surprised to see no mention of Gavin as a speaker I thought he'd be the one making the announcement.
Please let the devs have some peace and quiet. There won't be any cool surprises if we keep bugging them.  Cheesy

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September 15, 2012, 01:15:30 PM
 #324

I've checked the bitcoin2012 site and was surprised to see no mention of Gavin as a speaker I thought he'd be the one making the announcement.

Nope, he announced the announcement, but not that he would be making it.
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September 15, 2012, 01:48:43 PM
 #325

Could it be that the only way to tax the rich is to make their money (and every one else's) worthless?

If you take a look at history, the very rich are the only one getting richer in an inflationnay economy. This is a great read for example Smiley

When your revenues are tied to physical/real assets, you don't care about the value of your money. Plus you also have the means to profit by speculating on exchange rates and evading your capital in others currencies.
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September 15, 2012, 01:57:49 PM
 #326

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.
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September 15, 2012, 02:08:51 PM
 #327

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.

Do not waste your time debating whether Bitcoin can work. It does work.

"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.

There is no such thing as "market manipulation." There is only buying and selling.
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September 15, 2012, 02:29:35 PM
 #328

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.
+1
so much rumor in bitasia! ASIC, major announcement, Bitcoin credit card.

the people needs facts not announcements! we are not playing christmas here!

I know that I know nothing. And therefore I know more than those who don't know that they know nothing.
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September 15, 2012, 04:41:53 PM
 #329

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.
No. The idea is that rumors drive the price to a climax at the delivery date which is why you should sell slightly before the delivery date to maximize your profit. If the rumors were placed deliberately, this is what you call pump and dump which is very common among penny stocks and bitcoin (I see bitcoin as a very accessible penny stock in that sense).

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September 15, 2012, 06:07:50 PM
 #330

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.
No. The idea is that rumors drive the price to a climax at the delivery date which is why you should sell slightly before the delivery date to maximize your profit. If the rumors were placed deliberately, this is what you call pump and dump which is very common among penny stocks and bitcoin (I see bitcoin as a very accessible penny stock in that sense).

Big difference between penny stock and bitcoin= $11.60

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September 15, 2012, 06:15:51 PM
 #331

I believe this will be the announcement:

"HEY GAIZ LET'S ALL SELL BITCOINS AT THE SAME TIME. LIKE RIGHT NOW!" Cheesy

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September 15, 2012, 07:40:30 PM
 #332

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.
No. The idea is that rumors drive the price to a climax at the delivery date which is why you should sell slightly before the delivery date to maximize your profit. If the rumors were placed deliberately, this is what you call pump and dump which is very common among penny stocks and bitcoin (I see bitcoin as a very accessible penny stock in that sense).

Big difference between penny stock and bitcoin= $11.60

Ok, I'm not into stocks but I watched some youtube videos on the subject. Some really care about the value of a single stock but I don't understand how this is of any relevance. For me a penny stock is something with a market cap low enough to be the play ball of single market participants.

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September 16, 2012, 05:46:37 AM
 #333

Obviously it will be announced at the conference, yes. Unfortunately, with all the built-up hype, it is almost guaranteed to be a major anti-climactic let-down.

It's the setup for a classic profit situation: Buy on Rumor, Sell on News.

Unless the news is less exciting than the rumor, in which case you lose.
No. The idea is that rumors drive the price to a climax at the delivery date which is why you should sell slightly before the delivery date to maximize your profit. If the rumors were placed deliberately, this is what you call pump and dump which is very common among penny stocks and bitcoin (I see bitcoin as a very accessible penny stock in that sense).

Big difference between penny stock and bitcoin= $11.60

Ok, I'm not into stocks but I watched some youtube videos on the subject. Some really care about the value of a single stock but I don't understand how this is of any relevance. For me a penny stock is something with a market cap low enough to be the play ball of single market participants.

How low of a market cap?

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September 17, 2012, 04:42:33 PM
 #334

The September announcement is related to this post:

I've said that I think the download-and-install-software-on-your-PC is a mostly-dead way of using software, and that the vast majority of people using Bitcoin in a year or three will be using it via a web application or on their smart phone. That's half of the reason why I don't think improving the UI is a high priority right now (the other half is because I think solving wallet security and backup issues is critical).

...

RE: funding development: funding open source software projects is tricky; if done poorly you end up with a couple of paid developers and lots of disappointed unpaid former contributors who decide "I'm not gonna work if I'm not gonna get paid."

That said... stay tuned, and I'll say more when I can.

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September 17, 2012, 05:38:32 PM
 #335

So, the conference is over, and nothing qualified as "major announcement"?
..or are you all silent until you transferred all pension and kids college funds to the exchanges..? :-p

Ente
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September 17, 2012, 05:42:02 PM
 #336

It will be interesting to see what developments if any arise out of the meetings
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September 17, 2012, 06:04:38 PM
 #337

So, the conference is over, and nothing qualified as "major announcement"?
..or are you all silent until you transferred all pension and kids college funds to the exchanges..? :-p

Ente

Yep.

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September 17, 2012, 09:02:39 PM
 #338

I'm actually very surprised to see the bitcoin rate still at 11.95. For me this means that people with money at hands did not follow these rumors at all and the price has more solid reasons than stupid speculation. Anybody who's taking this thread seriously should have sold yesterday.

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September 17, 2012, 09:27:06 PM
 #339


It's the setup for a classic profit situation: Buy on Rumor, Sell on News.


The same way wars are waged when the Major Media is in control by a few.  ↓


Media : Look! There may be a boogie man!

Public : Oh no, a boogie man!?

Media : Yes, a boogie man!

Public : pandemonium

(Sorry.. back on topic )
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September 17, 2012, 09:32:19 PM
 #340

I'm actually very surprised to see the bitcoin rate still at 11.95. For me this means that people with money at hands did not follow these rumors at all and the price has more solid reasons than stupid speculation. Anybody who's taking this thread seriously should have sold yesterday.

Why do you say that when the news hasn't been released yet?
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