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Le Happy Merchant
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November 07, 2013, 09:48:10 PM |
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For those that have never seen a bubble before and bought at the top thinking it would keep doubling once a week...
So... morons? A fool and his money... |
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BRADLEYPLOOF
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November 07, 2013, 09:48:13 PM |
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Bitcoin is the first engineered sound money.
I like this description of Bitcoin so much, that I decided to drop this in here. I think it's quite accurate. I dont get it. Bitcoin is the first engineered , sound money. |
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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November 07, 2013, 09:50:39 PM |
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If the Bitcoin ETF is approved before the China mania pops oh boy, we are going to witness a real "perfect storm" in action
I don't really know when an answer from the SEC is expected on that matter - anybody does?
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Chalkbot
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Activity: 896
Merit: 1001
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November 07, 2013, 09:51:28 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
OMG chris, you're killing me. Please tell me you have a book I can buy (with bitcoin). |
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BRADLEYPLOOF
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November 07, 2013, 09:52:14 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
OMG chris, you're killing me. Please tell me you have a book I can buy (with bitcoin). +1 |
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Richy_T
Legendary
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Activity: 2464
Merit: 2146
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 07, 2013, 09:53:16 PM |
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Choo choo motherfu ???cker?
 In Chinese according to google  啾啾混蛋  *  * (*May not actually be Chinese) |
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ag@th0s
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November 07, 2013, 09:53:32 PM |
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China doesn't seem to know what panic means, all this bear crap is making Bitcoin as tough as nails and multiple big markets are much stronger. This could go a long way.
Choo choo motherfucker? In Chinese according to google 啾啾混蛋 "Tweeted asshole" - that's what you get if you reverse it? |
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mccorvic
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November 07, 2013, 09:54:25 PM |
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I believe it was around this time yesterday that we had the buy surge that began eating the 10k wall on Gox. I'd like a repeat performance.
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BlueTemplar
Full Member
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Activity: 164
Merit: 100
Gone for a minute now back again
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November 07, 2013, 09:55:03 PM |
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For those that have never seen a bubble before and bought at the top thinking it would keep doubling once a week...
So... morons? A fool and his money... Do you realize you just called half of the people on this thread fools and morons?  |
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jojo69
Legendary
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Activity: 3206
Merit: 4386
diamond-handed zealot
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November 07, 2013, 09:57:23 PM |
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Bitcoin value doubled in 3 months
19 times in a row
This is like Moore's law but for Bitcoin. Maybe we should call it Rpietila's Law  I can get behind this. +1 It appears, sir, you may acquire both fame and fortune |
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chriswilmer
Legendary
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Activity: 1008
Merit: 1000
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November 07, 2013, 09:58:24 PM |
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[Interview with financial engineers in 2024, one bitcoin is $3 billion USD]
"Yes, many people have been predicting the end of Rpietila's Law, but year after year financial engineers and entrepreneurs have found innovative new uses for Bitcoin. When Bitcoin crossed the $10 million dollar mark, many said 'this is the end, the Bitcoin market cap cannot exceed the sum of all wealth on Earth,' but this proved to be just as short-sighted as those who thought a bitcoin could never be worth $100. By enabling new micro-transactions, and now even nano-transactions (and possibly even pico-transactions further down the road), we have dramatically increased the total wealth of all people on Earth just so that Bitcoin could accommodate it."
OMG chris, you're killing me. Please tell me you have a book I can buy (with bitcoin). Funny you should ask... |
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ChartBuddy
Legendary
 Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 07, 2013, 10:01:42 PM |
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Richy_T
Legendary
Offline
Activity: 2464
Merit: 2146
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 07, 2013, 10:06:44 PM |
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Do you realize you just called half of the people on this thread fools and morons? This is the internet. That's a) Often done and b) usually true. |
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DougTanner
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November 07, 2013, 10:09:43 PM |
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Looks like we're recovering. China will be waking up in a few hours too.  |
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NewLiberty
Legendary
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 07, 2013, 10:10:57 PM |
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Bitcoin is the first engineered sound money.
I like this description of Bitcoin so much, that I decided to drop this in here. I think it's quite accurate. I dont get it. Bitcoin is the first engineered , sound money. "first" may be questioned, "best" wouldn't likely How about: Money over IP Email is Mail over IP - p2p communication without a letter carrier VOIP is Voice over IP - p2p voice (and now video) without a telco switch Bitcoin is Money over IP - p2p transactions without a bank |
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justusranvier
Legendary
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Activity: 1400
Merit: 1009
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November 07, 2013, 10:11:45 PM |
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Do you realize you just called half of the people on this thread fools and morons? This is the internet. That's a) Often done and b) usually true.  |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 07, 2013, 10:19:59 PM
Last edit: November 07, 2013, 10:37:12 PM by macsga |
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 Is hashrate going down or am I reading leaves here? |
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ag@th0s
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November 07, 2013, 10:28:05 PM |
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Do you realize you just called half of the people on this thread fools and morons? This is the internet. That's a) Often done and b) usually true. So true. Add money/storeofvalue/currency/gold/thamoon to the equation and you end up with the SUPREME FUCKWAD OF BITCOIN |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 07, 2013, 11:01:50 PM |
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bnjmnkent
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November 07, 2013, 11:04:40 PM |
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5h old news... Bitcoin.de is going to change the trading (to instant) soon. Fidor bank will actually take over it They put that on FB: Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung: https://www.fidor.de/produkte/fidorpayGood news if you ask me! Fidor Bank is big? I am not sure if this matters. It is a bank that is registered with the financial regulators in Germany. While it erases some of the difficulties Mt.Gox ran into (good), it opens doors for further regulation (bad, imho). |
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