adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2013, 06:53:14 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know.  CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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May 18, 2013, 06:53:48 PM |
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Is that a wavelet transform?
Very close. It's Fourier transform. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 18, 2013, 07:00:33 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. |
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Pale Phoenix
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May 18, 2013, 07:01:12 PM |
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Does anybody see anything other than this same flat trend, that could very well last through the weekend? Up, down, sideways?
Unless something big comes out of the conference, sideways through the weekend. Next week? I don't mind admitting that I have no idea.  Lots of good news lately, but lingering uncertainty around the Gox situation has me cautious. If I have to pick, I'm guessing that next week we go up. |
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ChartBuddy
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Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 18, 2013, 07:02:37 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2013, 07:16:24 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. you're the one missing the point. Hint: your bitcoins are safe, and when FUD turns to facts...  |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 18, 2013, 07:19:55 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. you're the one missing the point. Hint: your bitcoins are safe, and when FUD turns to facts... Yes what happens when Fear, Uncertainty and Doubt turns to facts? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2013, 07:24:54 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. you're the one missing the point. Hint: your bitcoins are safe, and when FUD turns to facts... Yes what happens when Fear, Uncertainty and Doubt turns to facts? no Fear, no Uncertainty , and no Doubt that bitcoin will go up Up UP!  |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2013, 07:26:46 PM |
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bitcoin is still a risky investment, but not for long  |
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Odalv
Legendary
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Activity: 1414
Merit: 1000
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May 18, 2013, 07:27:26 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. you're the one missing the point. Hint: your bitcoins are safe, and when FUD turns to facts... Yes what happens when Fear, Uncertainty and Doubt turns to facts? emotions never turn into fact |
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Coinseeker
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May 18, 2013, 07:29:40 PM |
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These are the best charts I've seen in a long time. Literally LOL'd. It's awesome to see some levity. The weekend crew rocks! |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2013, 07:30:01 PM |
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what's with all this bearish sentiment.
i guess you been to busy looking at charts to see that bitcoin is on fire!
Most of it comes from the Coinlab lawsuit, the DHS dwolla account freeze and satoshi dice blocking the US. I think that is a pretty stern combination, but what do I know. CoinLab lawsuit, finally someone with the balls to take over mtgox in the us DHS dwolla account freeze , yup its official bitcoin is for real. satoshi dice blocking the US, LOL like thats going to stop anyone See, you are purposefully missing the point. Hint: They don't really look like isolated incidents to me. you're the one missing the point. Hint: your bitcoins are safe, and when FUD turns to facts... Yes what happens when Fear, Uncertainty and Doubt turns to facts? emotions never turn into fact I mean then the things that are causing the FUD, turns to facts no Fear, no Uncertainty , and no Doubt that bitcoin will go up Up UP! |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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May 18, 2013, 07:32:59 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. |
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Odalv
Legendary
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Activity: 1414
Merit: 1000
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May 18, 2013, 07:49:34 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. |
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Abandon
Member
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Activity: 112
Merit: 10
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May 18, 2013, 07:51:42 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. The only way would be to generate billions of keys per second, and hope that one of them matches up with someone else. xD It would still, with a billion keys per second, take an incredibly long time. If it becomes a potential issue, we will increase the length of new addresses, or make them more difficult to compute. |
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420
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May 18, 2013, 07:54:27 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. The only way would be to generate billions of keys per second, and hope that one of them matches up with someone else. xD It would still, with a billion keys per second, take a near eternity. and what about a trillion keys per second? |
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Odalv
Legendary
Offline
Activity: 1414
Merit: 1000
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May 18, 2013, 08:02:17 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. The only way would be to generate billions of keys per second, and hope that one of them matches up with someone else. xD It would still, with a billion keys per second, take a near eternity. and what about a trillion keys per second? Trillion is only 10^12 :-) year has only 3 * 10 ^7 seconds => 10^19 / year ...10^(35-19) ... only 10,000,000,000,000,000 years :-) |
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fitty
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May 18, 2013, 08:04:32 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. The only way would be to generate billions of keys per second, and hope that one of them matches up with someone else. xD It would still, with a billion keys per second, take a near eternity. and what about a trillion keys per second? 10,000,000s of years. EDIT: Looks like my estimate was too low. |
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Abandon
Member
Offline
Activity: 112
Merit: 10
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May 18, 2013, 08:04:56 PM |
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Yes what happens when Fear, Uncertainty and Doubt turns to facts? That can always happen, but it can also become a self-fulfilling prophecy. When does being cautious turn into outright paranoia that feeds on itself and infects others? If you look for bad news you will always find it, if you look for positive news you will find plenty of that around as well. Most of us will be biased towards one or the other and try to think of things that reinforces our own position. In the end nobody has a definitive answer, but those who can think with a clear head and stay very flexible one way or the other usually have an edge. But they can be wrong as well. There is only one bad news. => crack RIPEMD-160 => crack SHA-256 => crack ECDSA ... (I think/believe impossible) :-) so until somebody is able to compute private key from your public bitcoin address, bitcoin will only rise. The only way would be to generate billions of keys per second, and hope that one of them matches up with someone else. xD It would still, with a billion keys per second, take a near eternity. and what about a trillion keys per second? Trillion is only 10^12 :-) year has only 3 * 10 ^7 seconds => 10^19 / year ...10^(35-19) ... only 10,000,000,000,000,000 years :-) Is that for colliding with any address in use, or for finding a specific address? I'd imagine it would be easier to indiscriminately collide with another address that has bitcoins. |
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