BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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March 01, 2015, 08:36:44 PM |
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10k sale volume on bitcoin during a sunday morning and the market just laughed it off?
A little.
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silverfuture
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Activity: 947
Merit: 1008
central banking = outdated protocol
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March 01, 2015, 08:41:04 PM |
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Nice to see some cerebral discourse in here. Much more interesting to read. If this is what happens on slow, steady bullish type runs...please continue the trend Bitcoin
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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March 01, 2015, 08:46:17 PM |
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gbianchi : interesting work. Have you tried the same analysis with total bitcoin market value (also called market cap) instead of price, i.e. would be just price times number of coins issued?
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Artoodeetoo
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March 01, 2015, 08:50:47 PM |
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The Darkness is coming for Bitcoin... oh god this coin still exist
Actually we should be posting that in your thread.
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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March 01, 2015, 08:54:33 PM |
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The Darkness is coming for Bitcoin... oh god this coin still exist
Actually we should be posting that in your thread. epic pumpndump e: http://youtu.be/3gfntBEI3Aw
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ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 01, 2015, 08:59:24 PM |
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Afrikoin
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Activity: 1540
Merit: 1003
alan watts is all you need
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March 01, 2015, 09:05:33 PM |
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brg444
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March 01, 2015, 09:07:26 PM |
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bassclef
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March 01, 2015, 09:10:18 PM |
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Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ? How does such an oversimplifying way to look at economic choice even go together with your ability to solve abstract mathematical problems? Okay. To name just one objection to such an incredibly naive model of the market: Misrepresentation of your actual valuation for strategic purposes. Similar to the misrepresentation, "tactical voting", in voting theory: sometimes it is individually rational for an actor not to cast a vote according to his sincere preference. Are we sure that this is the real Jorge Stolfi? Maybe the real Jorge Stolfi is a reasoned and thoughtful person who knows what he's talking about. Maybe we are contributing to damaging his good name and reputation by arguing with this imposter. Brazil can't be that desperate. I've been in contact with the actual Jorge Stolfi--he himself disavows any knowledge of the imposter here who spends his days arguing with kids about Bitcoin, and whose posts coincidentally occur near the end of "troll waves" where all the trolls and their sock puppets quote each other to reinforce a point.
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KryptoFoo
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March 01, 2015, 09:15:15 PM |
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shorts better get your fill soon
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abercrombie
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Activity: 1159
Merit: 1001
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March 01, 2015, 09:18:38 PM |
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Is it moon time yet??
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Cconvert2G36
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March 01, 2015, 09:19:27 PM |
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8000 coins dumped and we end up within $3 in hours... bullish.
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KryptoFoo
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March 01, 2015, 09:20:20 PM |
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News travels fast, even on a Sunday.
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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March 01, 2015, 09:23:19 PM |
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Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ? How does such an oversimplifying way to look at economic choice even go together with your ability to solve abstract mathematical problems? Okay. To name just one objection to such an incredibly naive model of the market: Misrepresentation of your actual valuation for strategic purposes. Similar to the misrepresentation, "tactical voting", in voting theory: sometimes it is individually rational for an actor not to cast a vote according to his sincere preference. Are we sure that this is the real Jorge Stolfi? Maybe the real Jorge Stolfi is a reasoned and thoughtful person who knows what he's talking about. Maybe we are contributing to damaging his good name and reputation by arguing with this imposter. Brazil can't be that desperate. I've been in contact with the actual Jorge Stolfi--he himself disavows any knowledge of the imposter here who spends his days arguing with kids about Bitcoin, and whose posts coincidentally occur near the end of "troll waves" where all the trolls and their sock puppets quote each other to reinforce a point. There is a real Jorge Stolfi
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KryptoFoo
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March 01, 2015, 09:24:18 PM |
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for trying to take us down earlier today
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abercrombie
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Activity: 1159
Merit: 1001
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March 01, 2015, 09:26:41 PM |
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I bought 6.4 BTC locally 3 hours ago from a local seller that participates in sports gambling online. Without a hitch, every time I buy coins from this guy the price goes up. I usually buy more but payday is still next Friday. These coins are going to be sold on Bitfinex tonight before I sleep in my parent's basement.
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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March 01, 2015, 09:27:41 PM |
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I thought we were supposed to sell the news???
Oh well, Monday should be interesting...
Btw, can someone post the text behind the pay wall? Thanks.
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chriswen
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March 01, 2015, 09:28:48 PM |
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Big fucking news. BIT is going to be publically traded.
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