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knarzo
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May 19, 2014, 08:45:02 PM |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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bitcoinsrus
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May 19, 2014, 08:46:13 PM |
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What's up with the hate on this guy?? he seems to be one of them brighter guys I just watched a few minutes. He is monotone and a little boring. I would hear what he has to say though. I wonder if he got in at 2011 or maybe a little sour. He probably got in when it reached 10 or 30 or something (reguardless of what he says in the video). He's probably like  |
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bitgeek
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May 19, 2014, 08:47:35 PM |
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What's up with the hate on this guy?? he seems to be one of them brighter guys Nothing that happens in the foundation can make me sell BTC, even if they hire an army of pedophiles. The whole thing is a joke (just like the EU parliament). |
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ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 19, 2014, 08:49:06 PM |
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What's up with the hate on this guy?? he seems to be one of them brighter guys He is exactly the kind of person you people deserve. |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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May 19, 2014, 08:49:29 PM |
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What's up with the hate on this guy?? he seems to be one of them brighter guys Nothing that happens in the foundation can make me sell BTC, even if they hire an army of pedophiles. The whole thing is a joke (just like the EU parliament). here's one more: The Bitcoin Foundation is testing newly installed equipment -> https://bitcointalk.org/index.php?topic=615789.msg6812874#msg6812874 |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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May 19, 2014, 08:57:54 PM |
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[...]
I make a distinction between saving and hoarding: hoarding is "keeping under the matress" while saving really is "investing" (optionally via entities specializing in this (savings & loans)). I think it's is important to make this distinction because for saving to fulfil it's purpose, namely sending a price signal by lowering interest rates (the price of money) and effecting investment into higher efficiency, innovation, etc, the saved money need to be loaned out or somehow else put to use in the economy as capital. If money is just hoarded, this function isn't being fulfilled.
Can you guys agree with this distinction / view?
[...]
No. Saving and hoarding is the same. When you save money, you save the actual money. You can also save other things, like food. Investing is different. Investing is buying capital goods, which is tools, buildings, raw materials, etc, with the intent of making money. You can also include competency building. Lending is a third category. You let others spend first, on consumption or capital, and you get the interest as compensation. Everyone is free to decide how he is going to allocate his money. Saving is not something negative. When you save money, others can spend more. This is organized through the price signals. When you save money, you increase the value of the money, and reduce the price of everything measured in that money unit. Meaning others can spend. |
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kireinaha
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May 19, 2014, 08:59:05 PM |
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Huge rally happening now on bitstmap!
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 19, 2014, 09:00:42 PM |
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bitcoinsrus
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May 19, 2014, 09:01:36 PM |
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Huge rally happening now on bitstmap!
How can you tell. It looks like the same to me from stamp and bitcoinwisdom. Can you share some sites? |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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May 19, 2014, 09:10:52 PM |
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Speaking of privacy enhanced coins, did you join the Monero train the other week, I'm sure it was you who mentioned it and I had a look. Bought a few thousand at 0.0003 and just sold a chunk at the top of a pump to 0.005 on Polinex moments ago.
Insane growth. Made up for the last 6 months of BTC prices and lack of volatility.
Yes, I am enjoying that. Keep in mind the MRO market cap is still less than 3000 BTC. It should surpass DRK fairly quickly, since it is so clearly superior. |
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kireinaha
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May 19, 2014, 09:20:51 PM |
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Huge rally happening now on bitstmap!
How can you tell. It looks like the same to me from stamp and bitcoinwisdom. Can you share some sites? It's the power of positive thinking. If you wish hard enough, it will happen.  |
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cbutters
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May 19, 2014, 09:27:02 PM |
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Huge rally happening now on bitstmap!
I would like to trade on bitstmap.... I've never heard of this exchange. Are there low fees? lol.... the only thing huge about the current "rally" is that it might actually be breaching the bear triangle... other than that it is very very small indeed. |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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May 19, 2014, 09:31:16 PM |
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bitcoinsrus
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May 19, 2014, 09:32:14 PM |
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Huge rally happening now on bitstmap!
I would like to trade on bitstmap.... I've never heard of this exchange. Are there low fees? lol.... the only thing huge about the current "rally" is that it might actually be breaching the bear triangle... other than that it is very very small indeed. You never heard of bitstamp? When I first heard of btc (some guy lost a harddrive) I googled bitcoin and I think bitstamp was the first thing I clicked on (to get the price). As far as bitstamp, enter it into the search box. There are some reviews. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 19, 2014, 10:00:44 PM |
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y3804
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May 19, 2014, 10:32:32 PM |
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Huge rally happening now on bitstmap!
I would like to trade on bitstmap.... I've never heard of this exchange. Are there low fees? lol.... the only thing huge about the current "rally" is that it might actually be breaching the bear triangle... other than that it is very very small indeed. You never heard of bitstamp? When I first heard of btc (some guy lost a harddrive) I googled bitcoin and I think bitstamp was the first thing I clicked on (to get the price). As far as bitstamp, enter it into the search box. There are some reviews. He was being sarcastic... |
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bigdave
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May 19, 2014, 10:53:33 PM |
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Do the folks at BTC-e know something that Bitstamp doesn't? There is now a $10 difference in price with BTC-e dropping.
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dreamspark
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May 19, 2014, 10:55:47 PM |
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Do the folks at BTC-e know something that Bitstamp doesn't? There is now a $10 difference in price with BTC-e dropping.
Some times the folks over there decide to go off on their own. Often dumps lower for no reason. |
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CEG5952
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May 19, 2014, 10:57:20 PM |
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Do the folks at BTC-e know something that Bitstamp doesn't? There is now a $10 difference in price with BTC-e dropping.
Some times the folks over there decide to go off on their own. Often dumps lower for no reason. BTC-E also has a very thin order book. A 100 BTC dump can go much further there. And also, people make the mistake of having tight stops on MT4 -- which, due to liquidity, get triggered on otherwise low volume moves. BFX has same problem, but not as bad. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 19, 2014, 11:00:42 PM |
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