molecular
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Merit: 1019
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May 31, 2013, 06:58:00 AM |
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Time to step out of the shadows and embrace legitimacy
since when Bitcoin needs legitimacy from a corrupt and rotten system ? since the system has guns. How will guns stop me from transacting BTC? I have guns too. Want me to print you one? Theirs are bigger. They won't stop you from transacting BTC but they will stop you from using fiat money without compliance to their ruleset. That includes trading BTC for it. OTC transactions are really easy. +1 (better than cripple :-) ) in the long run ripple gateways will go the way of LR. local is the way to go. As Jörg Platzer likes to say: "A global currency with local reach." |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Lohoris
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May 31, 2013, 08:33:38 AM |
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OTC transactions are really easy.
Only because the police isn't after them. |
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Rampion
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Activity: 1148
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May 31, 2013, 08:37:30 AM |
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OTC transactions are really easy.
Only because the police isn't after them. Police is after drugs and I can guarantee you that it's quite easy to get whatever high you crave OTC. As molecular said: global currency dealt locally, and the sky is the limit. So... Could we say that Bitcoin is going "glocal"?  |
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myself
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Activity: 938
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chaos is fun...…damental :)
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May 31, 2013, 10:14:10 AM |
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OTC transactions are really easy.
Only because the police isn't after them. Police is after drugs and I can guarantee you that it's quite easy to get whatever high you crave OTC. As molecular said: global currency dealt locally, and the sky is the limit. So... Could we say that Bitcoin is going "glocal"? time to make new alt chains <my town>coin |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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molecular
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Merit: 1019
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May 31, 2013, 03:59:21 PM |
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OTC transactions are really easy.
Only because the police isn't after them. Police is after drugs and I can guarantee you that it's quite easy to get whatever high you crave OTC. As molecular said: global currency dealt locally, and the sky is the limit. So... Could we say that Bitcoin is going "glocal"? time to make new alt chains <my town>coin I think for local currencies ripple would be much more suited. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Frozenlock
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May 31, 2013, 06:41:45 PM |
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I think for local currencies ripple would be much more suited.
Repeat after: BMOT. That's it, BMOT. (BitMessage OpenTransaction) |
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molecular
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May 31, 2013, 10:10:47 PM |
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I think for local currencies ripple would be much more suited.
Repeat after: BMOT. That's it, BMOT. (BitMessage OpenTransaction) thanks for the pointer. interesting. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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BrightAnarchist
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June 01, 2013, 12:40:28 AM |
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Frozenlock
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June 01, 2013, 12:51:16 AM |
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Great! I just bought new puts.  |
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phantitox
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June 01, 2013, 09:22:08 AM |
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I think for local currencies ripple would be much more suited.
Repeat after: BMOT. That's it, BMOT. (BitMessage OpenTransaction) THIS! |
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Its About Sharing
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Antifragile
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June 01, 2013, 10:47:14 AM |
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Really interesting, thanks for the post. No puts for me, more real money in BTC |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Rampion
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Activity: 1148
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June 01, 2013, 11:30:19 AM |
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Really interesting, thanks for the post. No puts for me, more real money in BTC OMG, the Hindenburg Omen... BUY BUY BUY ( BTC, obviously ) |
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Pruden
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June 01, 2013, 02:31:42 PM |
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Noooooo don't you remember BrightAnarchist found a surprisingly large correlation between stock markets and Bitcoin price? The fact that the period in question spanned a 4-year bull market in the first and the initial adoption phase in the second has nothing to do with the correlation. |
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lucif (OP)
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Clown prophet
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June 01, 2013, 04:32:54 PM |
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Correlation is, but not surprised, as I think many traders do hedging with bitcoin. So if they start loose money on stocks, they start to take profit in bitcoin. This is normal.
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notme
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June 02, 2013, 04:34:38 AM |
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Correlation is, but not surprised, as I think many traders do hedging with bitcoin. So if they start loose money on stocks, they start to take profit in bitcoin. This is normal.
What about those of us who are short stocks and will take our profit into Bitcoin? |
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lucif (OP)
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Clown prophet
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June 02, 2013, 01:12:35 PM
Last edit: June 02, 2013, 01:54:22 PM by lucif |
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What about those of us who are short stocks and will take our profit into Bitcoin?
I am very sorry about those losers. |
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lucif (OP)
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Clown prophet
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June 02, 2013, 09:58:24 PM |
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from pm What are your charts telling you from here ? We got either break down of this mid size triangle, or price drew wave "d" of this triangle. Watching. So depending on that, price either walk ~100 -> ~120 way one more time OR start long impulse to ~$15 ... $35 right now. |
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Frozenlock
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June 02, 2013, 10:10:02 PM |
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So depending on that, price either walk ~100 -> ~120 way one more time OR start long impulse to ~$15 ... $35 right now.
And I thought I was bearish...  |
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Rampion
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June 03, 2013, 02:24:03 PM |
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So depending on that, price either walk ~100 -> ~120 way one more time OR start long impulse to ~$15 ... $35 right now.
And I thought I was bearish... Lucif is one of the very few real bears in here... The rest of members cheering crashes in the "Wall Observer" thread are just bulls disguised as bears, craving cheaper coins so we can increase our stash, while riding the waves of our perma-bull delusions LOL |
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michaelGedi
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"to be or not to be, that is the bitcoin"
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June 03, 2013, 02:30:18 PM |
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lucif, king of the bears, the one who sees things we don't  |
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