OldGeek
Sr. Member
 Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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March 19, 2014, 06:07:44 AM |
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This is a little off topic, but what hasn't been for the last week or so  So... I was gonna donate a little and got to this page: english version
It’s been a while now since we promised ourselves to explain why we do not accept Bitcoins as
donation method. To summarize, the list of reasons we all agreed are the following:
1 they are not really anonymous (it is stated also on their official website)
2 we pay our services in Euro or in Dollar, not in Bitcoin, for this reason we should then
convert them anyway. To convert them we should be using one of these Bitcoins exchange
sites which are not that transparent and who control a big amount of the total Bitcoin traffic
and it’s not proven that they are any better than normal banks.
3 we feel a general hatred for Bitcoins and their financial speculations which at the moment
are holding the Bitcoin market. We all have seen the trend over time of this new coin and it
looked pretty much like the typical behavior of an investment subject to speculative bubbles
and we do not consider this a behavior of a ‘comunitarian’ coin.
To summarize even more: bitcoins do not give us any specific advantage compared to a
normal bank account and we are lazy. the real anonymous donations are made in a sealed
envelope using latex gloves.
Also at this point it seems pretty clear to us that to consider Bitcoin as a “currency” is ‘a little’
improper: Bitcoin are an investment fund pump & dump done to dupe the ultra-libertarian
anarco-capitalists.
In short, we find ourselves with a certain unease to participate actively in this financial
game. English is not their first language, but they made their statement pretty clear. We have quite a ways to go before global acceptance is assured. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 19, 2014, 06:19:09 AM |
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This is a little off topic, but what hasn't been for the last week or so So... I was gonna donate a little and got to this page: english version
It’s been a while now since we promised ourselves to explain why we do not accept Bitcoins as
donation method. To summarize, the list of reasons we all agreed are the following:
1 they are not really anonymous (it is stated also on their official website)
2 we pay our services in Euro or in Dollar, not in Bitcoin, for this reason we should then
convert them anyway. To convert them we should be using one of these Bitcoins exchange
sites which are not that transparent and who control a big amount of the total Bitcoin traffic
and it’s not proven that they are any better than normal banks.
3 we feel a general hatred for Bitcoins and their financial speculations which at the moment
are holding the Bitcoin market. We all have seen the trend over time of this new coin and it
looked pretty much like the typical behavior of an investment subject to speculative bubbles
and we do not consider this a behavior of a ‘comunitarian’ coin.
To summarize even more: bitcoins do not give us any specific advantage compared to a
normal bank account and we are lazy. the real anonymous donations are made in a sealed
envelope using latex gloves.
Also at this point it seems pretty clear to us that to consider Bitcoin as a “currency” is ‘a little’
improper: Bitcoin are an investment fund pump & dump done to dupe the ultra-libertarian
anarco-capitalists.
In short, we find ourselves with a certain unease to participate actively in this financial
game. English is not their first language, but they made their statement pretty clear. We have quite a ways to go before global acceptance is assured. Who is this? |
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JorgeStolfi
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March 19, 2014, 06:22:38 AM |
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It is 14:00 in China, so Huobi must have started trading LTC. Their BTC price dropped a little, volume seems to have doubled, but all within the usual volatility...
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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March 19, 2014, 06:25:33 AM |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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March 19, 2014, 06:34:46 AM |
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1d and 4h charts:  and there you have the fractal nature of price... it's almost unbelievable, isn't it? kinda makes you think |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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March 19, 2014, 06:35:33 AM |
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wow, what a ltc dump
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Davyd05
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March 19, 2014, 06:36:37 AM |
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I am just lol'n over this ltc action, think most bitcoiners are busy watching the volume
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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March 19, 2014, 06:36:54 AM |
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This is a little off topic, but what hasn't been for the last week or so So... I was gonna donate a little and got to this page: English is not their first language, but they made their statement pretty clear. We have quite a ways to go before global acceptance is assured. Sorry, I've been missing meetings...where is this from? PoolMinor gave you the basics, but here is the home page: http://www.autistici.org/en/index.html |
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jl2012
Legendary
Offline
Activity: 1792
Merit: 1097
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March 19, 2014, 06:47:55 AM |
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This is a little off topic, but what hasn't been for the last week or so So... I was gonna donate a little and got to this page: English is not their first language, but they made their statement pretty clear. We have quite a ways to go before global acceptance is assured. Sorry, I've been missing meetings...where is this from? PoolMinor gave you the basics, but here is the home page: http://www.autistici.org/en/index.htmlI'm not giving a shit. It's their loss, not ours. Just look at the story of Overstoke and Tigerdirect. People will soon realize that they can't afford NOT to accept bitcoin As bitcoiners, what we should do is to put bitcoin-accepting merchants at a higher priority. |
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ChrisML
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March 19, 2014, 06:48:04 AM |
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Blockchain down for you guys?
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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March 19, 2014, 06:57:57 AM |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 19, 2014, 07:03:00 AM |
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The paranoid attribute to conspiracy what is actually just the normal, healthy process of price discovery. Humans are so pathetic at reasoning about ensemble mechanics. Sucks to be one.
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JorgeStolfi
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March 19, 2014, 07:17:54 AM |
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Huobi is undergoing a micro-crash. Trading suddenly and almost completely stopped for 4-5 minutes just before that, and it still seems to be hiccupping. DDOS? Overload?
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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March 19, 2014, 07:24:05 AM |
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Huobi is undergoing a micro-crash. Trading suddenly and almost completely stopped for 4-5 minutes just before that, and it still seems to be hiccupping. DDOS? Overload?
Adding LTC |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 19, 2014, 07:28:50 AM |
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if you ask me, it's a fantastic time to be shorting EDIT:LTCBTC right now. that way, you can hang on when BTC goes to da moon, and take advantage of this LTC bs.
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Davyd05
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March 19, 2014, 07:32:51 AM |
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2600 ltc, biggest buy I've seen roll by, the pump vs dump is strong in the ltc today
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RicePicker
Full Member
Offline
Activity: 216
Merit: 100
RicePicker
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March 19, 2014, 07:54:33 AM |
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Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.
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pdawg
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March 19, 2014, 08:07:13 AM |
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Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.
how did you short it? bitfinex? |
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koryu
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March 19, 2014, 08:09:51 AM |
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Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.
that was a nice rally  the money will come back from ltc to btc now, so prepare for increased btc volume soon (on all exchanges trading ltc and btc). anybody tries to catch the falling ltc knife? |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 19, 2014, 08:10:19 AM |
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Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.
how did you short it? bitfinex? ...... thats how I shorted it.... |
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