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NotLambchop
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October 28, 2014, 12:37:00 PM |
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Yeah, because having the possibility to go in a random torrent site and download torrents for almost any movie, ebook, song and file in general without any repercussions sounds like "curtailed digital piracy".
A total success.
Thank you for staying connected to P2P surveillance sites provided for you by Our NSA slaves, human.  ~Your Beneficent Reptilian Overlords. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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October 28, 2014, 12:37:36 PM |
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Yeah, because having the possibility to go in a random torrent site and download torrents for almost any movie, ebook, song and file in general without any repercussions sounds like "curtailed digital piracy".
A total success.
Sadly most of the people won't understand the essence of sharing, but the allegedly called "piracy" is most of the times the best way to promote some movies/songs/ebooks etc. As per their "regulations" I'd like to share a memory of mine since I was a kid. No digital copies then; when we wanted to find a reason to get closer to a girl we liked, recording some songs from our favorite radio shows to a tape and give it to her as a gift was the way to do it. If you were nerdy enough, you might wanted as well to give her away an Isaac Asimov book from your collection. If this is piracy, I'm proud to be one.  |
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NotLambchop
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October 28, 2014, 12:44:30 PM |
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... I'd like to share a memory of mine since I was a kid. ...
P2P pirates of today are sharing superior open-source shareware. Because inferior commercial counterpart. *Continue bragging about your petty thievery. ~Your Beneficent Reptilian Overlords. |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 28, 2014, 01:00:35 PM |
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superresistant
Legendary
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Activity: 2128
Merit: 1120
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October 28, 2014, 01:13:20 PM |
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The next 12 hours are critical I guess...
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jaberwock
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Activity: 2548
Merit: 1073
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October 28, 2014, 01:17:35 PM |
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in 32 Hours the price according to my sources will be $377 (+/- 5)  seems like his crystal ball is broken |
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NotLambchop
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October 28, 2014, 01:22:03 PM |
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On a more serious note,  <==click Discuss. |
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justusranvier
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Activity: 1400
Merit: 1009
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October 28, 2014, 01:26:54 PM |
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On a more serious note, <==click Discuss. Non-economic actors are buying/borrowing bitcoins OTC, then using them to sell down the market at a loss. It will work until all the weak and gullible hands have no more bitcoins, then it won't. |
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NotLambchop
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October 28, 2014, 01:29:21 PM
Last edit: October 28, 2014, 01:39:42 PM by NotLambchop |
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...Non-economic actors...
Meaning? P.S: This also seems to contradict your "sell down the market at a loss" hypothesis: Trading volumes shrink
Overall trading volumes on the major exchanges have plummeted this week. About 1.9m coins changed hands on the exchanges this week, compared to 2.5m last week. That's a drop of more than 26% over seven days.
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L0uis
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October 28, 2014, 01:44:56 PM |
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big buying on huobi
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NotLambchop
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October 28, 2014, 01:46:55 PM |
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... he even predicted people calling him out being few hours off...
>few hours >more than a day >nothing happens Very science, much accurate. |
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noobtrader
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Activity: 1456
Merit: 1000
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October 28, 2014, 01:58:58 PM |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 28, 2014, 02:00:33 PM |
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NotLambchop
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October 28, 2014, 02:04:17 PM |
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... but he can only observe the market and is able to think logically: he knew people would call him out, and he knew market is up for a mini pump.
...
>knows that people will call him on being laughably wrong >Predicts a pump that doesn't materialize To be that clever  |
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noobtrader
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Activity: 1456
Merit: 1000
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October 28, 2014, 02:08:51 PM |
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... but he can only observe the market and is able to think logically: he knew people would call him out, and he knew market is up for a mini pump.
...
>knows that people will call him on being laughably wrong >Predicts a pump that doesn't materialize To be that clever bitcoin has great future, its price toward fiat USD is irrelevant |
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rebuilder
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Activity: 1615
Merit: 1000
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October 28, 2014, 02:12:54 PM |
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I did a little legwork to compare the recent spikes in BFX BTC swap taking (in terms of interest rate on loan) and price movement. I make no interpretation of the following, but this is what I found:
I list large changes in interest rate as "peaks", the timing, and any price action at the time. Times in UTC, data from bfxdata.com. Prices and times rough estimates.
1st peak: sat 25th 15:00, post drop, price moves 341 -> 349
2nd peak: sun 26th 01:30ish, prev price rise petering off, local bottom @ 342.
peaks of swap taken at high interest rate until finally dropping down around 8:00-9:00. here price goes from 346 -> 358 at the same time as interest rate on BTC swaps taken drops.
next peak at monday 4:30-5:00, price relatively flat around 350.
Last peak to 0.6% daily 15:30-16:00, volume of BTC swaps taken significantly higher than before (2x at a glance). No significant price action.
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NotLambchop
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October 28, 2014, 02:15:33 PM |
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...
bitcoin has great future, its price toward fiat
USD is irrelevant
That's the spirit! Protip: This thread is about BTC/$ price, noobtrader. Dont post in this irrelevant thread. |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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October 28, 2014, 02:18:21 PM |
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...
bitcoin has great future, its price toward fiat
USD is irrelevant
That's the spirit! Protip: This thread is about BTC/$ price, noobtrader. Dont post in this irrelevant thread. what  are u deny me from observing irrelevant thing i have free speech... are you trying to take my free speech now... porknotchop ? are you ? |
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NotLambchop
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October 28, 2014, 02:23:36 PM |
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^ >free speech >doesn't know his tinfoil hat is really shitty ersatz tinfoil, i.e. aluminium Think happy thoughts, you'll taste better. ~Your Beneficent Reptilian Overlords. |
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