byronbb
Legendary
 Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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October 15, 2012, 06:48:54 PM |
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i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.
too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.
indicators, man.
At one time this forum could influence the price but I don't think it can any longer. |
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Yuhfhrh
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October 15, 2012, 06:53:24 PM |
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i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.
too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.
indicators, man.
At one time this forum could influence the price but I don't think it can any longer. I agree, it doesn't seem what gets said here has an effect on the price lol |
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zby (OP)
Legendary
Offline
Activity: 1592
Merit: 1001
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October 15, 2012, 06:58:13 PM |
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i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.
too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.
indicators, man.
At one time this forum could influence the price but I don't think it can any longer. I agree, it doesn't seem what gets said here has an effect on the price lol I don't think it ever was. But back to the subject - I've lost my bet about no drop over weekend, but still it was a small one. As to indicators - I've mentioned mine - this website stats - it is showing a new wave of interest, maybe it is not yet bringing in new money - but it will - that's my theory. |
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mysteriousawake
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October 16, 2012, 03:37:29 AM |
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i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.
too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.
indicators, man.
At one time this forum could influence the price but I don't think it can any longer. I agree, it doesn't seem what gets said here has an effect on the price lol I don't think it ever was. But back to the subject - I've lost my bet about no drop over weekend, but still it was a small one. As to indicators - I've mentioned mine - this website stats - it is showing a new wave of interest, maybe it is not yet bringing in new money - but it will - that's my theory. I dont think its a crayon, desicion 19th - 21st |
DONT FORGET TO DONATE IF I HELPED YOU
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mobodick
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October 16, 2012, 07:04:58 PM |
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i'm pretty impressed that my adaptation of inau's "rocket secretly taking off" threads last winter have sparked a continuing theme of manipulative pseudo-speculation.
too bad two small sell-offs just occurred... seems like it ran out of fuel and we should now expect a plummet to the center of the earth.
indicators, man.
At one time this forum could influence the price but I don't think it can any longer. I agree, it doesn't seem what gets said here has an effect on the price lol I don't think it ever was. But back to the subject - I've lost my bet about no drop over weekend, but still it was a small one. As to indicators - I've mentioned mine - this website stats - it is showing a new wave of interest, maybe it is not yet bringing in new money - but it will - that's my theory. If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin. If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk. |
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bitcoinbear
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October 16, 2012, 07:58:42 PM |
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If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin.
If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk.
Investing in Bitcoin has always been a big risk. The most prominent people in Bitcoin (like Gavin) often start by saying bitcoin is an immature technology and is high risk. |
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mobodick
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October 16, 2012, 08:07:48 PM |
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If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin.
If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk.
Investing in Bitcoin has always been a big risk. The most prominent people in Bitcoin (like Gavin) often start by saying bitcoin is an immature technology and is high risk. Sure, but untill bitcoinica, pirate and GLBSE fell over there was no real measure of the risk. What was shown in the past couple of months was how deeply immature this community still is. |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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October 16, 2012, 08:56:40 PM |
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If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin.
If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk.
Investing in Bitcoin has always been a big risk. The most prominent people in Bitcoin (like Gavin) often start by saying bitcoin is an immature technology and is high risk. Sure, but untill bitcoinica, pirate and GLBSE fell over there was no real measure of the risk. What was shown in the past couple of months was how deeply immature this community still is. I think the risk he means regards the inherent possibility of bitcoin actually failing ie protocol exploit/network failure. Of course with each day passing that becomes less and less of a possibility. |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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October 16, 2012, 09:03:35 PM |
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I think the risk he means regards the inherent possibility of bitcoin actually failing ie protocol exploit/network failure. Of course with each day passing that becomes less and less of a possibility.
I would turn it around: with more and more BTC users and increased value, the incentive to break the protocol in one's advantage becomes bigger and bigger. Computer power and knowledge increase over time as well, so security remains an important element. Of course, the protocol itself has been tested the last few years already with the opportunity to mature to a certain extent. |
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zby (OP)
Legendary
Offline
Activity: 1592
Merit: 1001
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October 17, 2012, 05:40:39 AM |
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If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin.
If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk.
Investing in Bitcoin has always been a big risk. The most prominent people in Bitcoin (like Gavin) often start by saying bitcoin is an immature technology and is high risk. Sure, but untill bitcoinica, pirate and GLBSE fell over there was no real measure of the risk. What was shown in the past couple of months was how deeply immature this community still is. That is old news. When did you start with bitcoins? From what I remember there newer was a shortage of failures - people forget them quickly. Now there are only positive news like the bitcoin foundation. I can see how the technical/wave analysis shows down trend - that is why old timers with big btc stashes sell - we'll see if that will be enough to keep it down. |
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mobodick
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October 17, 2012, 05:54:33 AM |
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If the new people were genuinely interested in the forum they cannot miss the barrage of negative news concerning bitcoin.
If i was new then i'd think twice before investing in anything bitcoin. I would be curious, but i would consider investing a big risk.
Investing in Bitcoin has always been a big risk. The most prominent people in Bitcoin (like Gavin) often start by saying bitcoin is an immature technology and is high risk. Sure, but untill bitcoinica, pirate and GLBSE fell over there was no real measure of the risk. What was shown in the past couple of months was how deeply immature this community still is. That is old news. When did you start with bitcoins? From what I remember there newer was a shortage of failures - people forget them quickly. Now there are only positive news like the bitcoin foundation. I can see how the technical/wave analysis shows down trend - that is why old timers with big btc stashes sell - we'll see if that will be enough to keep it down. I've been around for 1.5 years or so. But what is striking about these latest cases is that they were pretty much trust issues. And at the moment i would not trust anyone organizing in a non democratic way. So i'm not sure about the bitcoin foundation. Sounds more like a 'i'ma gonna secure my fat income' foundation to me. How does the community participate in this foundation? Who decides what is best for bitcoin? |
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citboin
Newbie
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Activity: 58
Merit: 0
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October 17, 2012, 06:36:33 AM |
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Secret North Korean rocket? xD
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