adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:07:58 PM |
|
|
|
|
|
trashman43
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:08:17 PM |
|
if we cant break that 595 soon, we gonna go downtown ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
|
|
|
|
RandomPedestrianN9
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 84
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:12:22 PM |
|
if we cant break that 595 soon, we gonna go downtown ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) How could that be? BTC is worth trillions of dollars and its value can only rise, its mathematically proven! Stop spreading lies!
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:14:05 PM |
|
Profits remain in the future? ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
|
|
|
|
|
RandomPedestrianN9
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 84
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:22:42 PM |
|
Ban this troll, he is spreading FUD, panic and lies! TO DA MOON!!!
|
|
|
|
ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:29:38 PM |
|
Jesus fucking christ I'd rather read about China banning bitcoin and be inundated with bear fud than read 5 pages all about our resident academic.
Can we move on... Please ?!
While I agree Jorge with you in Jorge Stolfi principle, it is Jorge Jorge Jorge important to reme Jorge Stolfimber that we are morally obliged to JORGE JORGE JORGE Well that's not very subt- ALL GLORY TO THE HYPNOJORGE! I refuse to partake in such nons- ALL GLORY HYPNOJORGE! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCyrlZqb.png&t=665&c=fQN0_xjZ7OMwTA) I refuse to take this individual seriou.....ALL HAIL HYPNOJORGE!!
|
|
|
|
aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:41:14 PM |
|
Centralization is inevitable at this point. That is one reason why I prefer an asic resistant coin where possible.
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:43:07 PM |
|
Centralization is inevitable at this point. That is one reason why I prefer an asic resistant coin where possible.
There is no such thing. Aiming for ASIC resistance is silly.
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:47:20 PM |
|
Centralization is inevitable at this point. That is one reason why I prefer an asic resistant coin where possible.
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Syke
Legendary
Offline
Activity: 3878
Merit: 1193
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:50:37 PM |
|
Centralization is inevitable at this point. That is one reason why I prefer an asic resistant coin where possible.
Great point, because it would be impossible for one entity to control millions of machines, right? http://en.wikipedia.org/wiki/BredoLab_botnet
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 06:51:15 PM |
|
oh ya this shit is moving up boys
don't delay buy a bitcoin today.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2282
Merit: 1800
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
May 28, 2014, 07:00:38 PM |
|
|
|
|
|
ShameOnYou
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:01:51 PM |
|
Have we already seen the full extent of the effect of the Willy Bot news? If it gets more substantiated in some way, would we face more negative sentiment? How did the story affect holders who may have bought based on that perceived buying pressure in the last bubble?
|
|
|
|
SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:04:38 PM |
|
oh ya this shit is moving up boys
don't delay buy a bitcoin today.
Well that's true...we had multiple dumps today that crashed price but it always went back up. *knock, knock*
|
|
|
|
dreamspark
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:12:31 PM |
|
Have we already seen the full extent of the effect of the Willy Bot news? If it gets more substantiated in some way, would we face more negative sentiment? How did the story affect holders who may have bought based on that perceived buying pressure in the last bubble?
People pay what they are willing to pay for something. Regardless of the fact willy accounted for 10% of the 20% gox had as a measure of global volume plus we all remember China was leading right ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) , I fail to see how that effects the price today. The only thing that gives bitcoin is value is what somebody is willing to pay for it. You may be willing to pay less based on a belief the last bubble was soley to do with one bot but someone also has to be willing to sell to you on that reason alone. The fact that many knew something like this was 1) likely to be happening and 2) if you were around for the last 4 ish months of Gox' life people were speculating that this was going on even coining the 'bot' willy at the time was happening, means in general its not that huge of a deal. Add into that its still only speculation, none of this can be proved. It could easily be high value customers who didn't have accounts so as to not leave millions sitting in an account to be hacked. Instead they wired money direct to gox and in return Mark had programmed a 'bot' to execute trades at certain times. Given Marks track record it stands to reason he may also 'accidently' co-ordinate that to oppurtune moments. Further to that as well the database leak while containing customers info, some have stated they dont show all their trades for that period. Is it not possible that someone doctored the database wrote this story and waited for an oppurtune moment to release it. Far fetched but just as speculative as the report.
|
|
|
|
ShameOnYou
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:25:41 PM |
|
Have we already seen the full extent of the effect of the Willy Bot news? If it gets more substantiated in some way, would we face more negative sentiment? How did the story affect holders who may have bought based on that perceived buying pressure in the last bubble?
People pay what they are willing to pay for something. Regardless of the fact willy accounted for 10% of the 20% gox had as a measure of global volume plus we all remember China was leading right ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) , I fail to see how that effects the price today. The only thing that gives bitcoin is value is what somebody is willing to pay for it. You may be willing to pay less based on a belief the last bubble was soley to do with one bot but someone also has to be willing to sell to you on that reason alone. The fact that many knew something like this was 1) likely to be happening and 2) if you were around for the last 4 ish months of Gox' life people were speculating that this was going on even coining the 'bot' willy at the time was happening, means in general its not that huge of a deal. Add into that its still only speculation, none of this can be proved. It could easily be high value customers who didn't have accounts so as to not leave millions sitting in an account to be hacked. Instead they wired money direct to gox and in return Mark had programmed a 'bot' to execute trades at certain times. Given Marks track record it stands to reason he may also 'accidently' co-ordinate that to oppurtune moments. Further to that as well the database leak while containing customers info, some have stated they dont show all their trades for that period. Is it not possible that someone doctored the database wrote this story and waited for an oppurtune moment to release it. Far fetched but just as speculative as the report. I agree, it seems still only speculation. That's why part of me wonders if we might see more evidence come out in the future that may negatively impact the market. My general feeling about effect on price was that people were willing to pay x $ for y BTC at that time, and since then we have built significant support on top. So I'm thinking it is mostly priced in, but was interested in other opinions as well.
|
|
|
|
kurious
Legendary
Offline
Activity: 2590
Merit: 1643
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:26:35 PM |
|
Imagine a room full of people, not a big room (a large garage maybe) and they and cooperating to build something.
I don't think that is a good analogy for this thread... Rather, a bar where a couple hundred random football fans are watching a game on TV and betting on it? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Maybe you're right, but don't forget to add the old guy in the corner saying "This 'football' thing will never catch on, you know"
|
|
|
|
KFR
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:38:16 PM |
|
Imagine a room full of people, not a big room (a large garage maybe) and they and cooperating to build something.
I don't think that is a good analogy for this thread... Rather, a bar where a couple hundred random football fans are watching a game on TV and betting on it? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Maybe you're right, but don't forget to add the old guy in the corner saying "This 'football' thing will never catch on, you know" Not to mention cheering loudly and unashamedly when the team suffers a goal against or an unfair referee decision. Oh and he regularly stands outside warning passers by not to come in but to avoid football at all costs because... well just because.
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 28, 2014, 07:45:54 PM |
|
Damn it Jorge, buy a bitcoin!
|
|
|
|
|