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gandhibt
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December 27, 2013, 02:11:27 PM |
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major buy at stamp (50 coins)
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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NewLiberty
Legendary
 Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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December 27, 2013, 02:24:26 PM |
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Stamp, China and BTC-e all in close sync - Gox 70 (goxbux) up....
Wonder who decides that synchronisation, does it prove we are still following China price - if so, it's a concern.
It's like the (China provoked) dip, was not noticed.
The market decides, as it routes through government barriers. It moves through Arbitraging (sell on one exchange and buy on another). Money moves in to china easily, bitcoin flows out easily. Money does not move out of china easily so China should be expected to never be much below the others, though it could be significantly above with internal demand. |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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December 27, 2013, 02:26:52 PM |
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Bitcoin is infectious. Once you "catch it" it tends to infect those near you. You become a carrier. I don't think China is cured of bitcoin, it is spreading there, person to person.
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gandhibt
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December 27, 2013, 02:33:18 PM |
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Bitcoin is infectious. Once you "catch it" it tends to infect those near you. You become a carrier. I don't think China is cured of bitcoin, it is spreading there, person to person.
nice analog, there's no cure  |
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rudrigorc2
Legendary
Offline
Activity: 1064
Merit: 1000
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December 27, 2013, 02:37:15 PM |
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Bitcoin is infectious. Once you "catch it" it tends to infect those near you. You become a carrier. I don't think China is cured of bitcoin, it is spreading there, person to person.
I agree with every word. There are, however, some people immune to bitcoin and those are too arrogant, busy(LOL) or simply too lazy to learn about it, and I dont care that they are missing the boat. Fuck them. I jumped in the moment I spotted it. Im irremediably sick. |
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adnanabbas
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December 27, 2013, 02:52:22 PM |
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I will hopefully be buying some coins on monday
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 27, 2013, 02:53:39 PM |
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Bitcoin is infectious. Once you "catch it" it tends to infect those near you. You become a carrier. I don't think China is cured of bitcoin, it is spreading there, person to person.
Or all those Chinese who got burned by the several flash crashes will spread bad news in a viral fashion. "I got a car and changed my gear to 1st while doing 150mph. The gearbox broke. What a shitty car."  |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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December 27, 2013, 02:56:36 PM |
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Bitcoin is infectious. Once you "catch it" it tends to infect those near you. You become a carrier. I don't think China is cured of bitcoin, it is spreading there, person to person.
nice analog, there's no cure (love song  ) |
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TooDumbForBitcoin
Legendary
Offline
Activity: 1638
Merit: 1001
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December 27, 2013, 03:09:46 PM |
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There are, however, some people immune to bitcoin and those are too arrogant, busy(LOL) or simply too lazy to learn about it, and I dont care that they are missing the boat. Or too dumb, like me. I tried to get in about 125 (such expensive) but Coinbase never sent my two little deposits for bank verification. I took it as a sign - "stay out". Just as well. I would have washed my paper wallet in the laundry, or forgot my password, or left the BTC on some shady exchange. People as dumb as me need personal hodlers like fat people need personal trainers. First BTC reality TV show coming - "Biggest Hodler". |
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strawbs
Legendary
Offline
Activity: 868
Merit: 1340
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December 27, 2013, 03:11:03 PM |
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Did anyone see if that $800 mini wall on Gox was eaten or pulled in the last hour or so? I got distracted watching War and Peace on TV |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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December 27, 2013, 03:13:06 PM |
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There are, however, some people immune to bitcoin and those are too arrogant, busy(LOL) or simply too lazy to learn about it, and I dont care that they are missing the boat. Or too dumb, like me. I tried to get in about 125 (such expensive) but Coinbase never sent my two little deposits for bank verification. I took it as a sign - "stay out". Just as well. I would have washed my paper wallet in the laundry, or forgot my password, or left the BTC on some shady exchange. People as dumb as me need personal hodlers like fat people need personal trainers. First BTC reality TV show coming - "Biggest Hodler". Recognizing the problem is the first step towards solving it. If you put in work and passion I doubt many people are too stupid for anything. Most people are just too lazy or lack confidence. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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December 27, 2013, 03:27:54 PM |
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nevermind... this post was a stupidly obvious realization.
Tease. C'mon, post it. At least if it is stupidly obvious, then it will be true. That's more than can be said of the vast majority of posts, and a big step in the right direction. |
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dgarcia
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December 27, 2013, 03:28:17 PM |
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 Hmmm. Seems a bit sodl. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2013, 03:32:20 PM |
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come on one more good knife is all i ask
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 27, 2013, 03:36:40 PM |
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come on one more good knife is all i ask
I don't think it is going to happen, there is a huge support all around.... |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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December 27, 2013, 03:39:32 PM |
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Btc-e with 1400 btc and 40k ltc sell wall. Someone wants fiat...
Good news! Maybe he can contact Adam directly! |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2013, 03:40:19 PM |
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Btc-e with 1400 btc and 40k ltc sell wall. Someone wants fiat...
Good news! Maybe he can contact Adam directly! lol maybe! |
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dgarcia
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December 27, 2013, 03:43:36 PM |
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come on one more good knife is all i ask
I don't think it is going to happen, there is a huge support all around.... Where all around? Can't see it until now. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 27, 2013, 03:49:01 PM |
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this is exactly when the price will skyrocket, but always the opposite happens, players try to push the price down than they get burned.... it is getting more interesting, I still have a strong feeling about the price going up in these couple of days....
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mellowyellow
Member
Offline
Activity: 112
Merit: 10
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December 27, 2013, 03:50:52 PM |
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Someone quietly but consistently dumping a whole lot of coins on gox.
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Poll
