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NotLambchop
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November 16, 2014, 03:43:02 PM |
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why do yo keep posting the same picture over and over again? do you have some memory issues? Why do you keep posting the word "why" over and over again? do you have some memory issues? |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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wmr42393
Member
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Activity: 77
Merit: 10
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November 16, 2014, 03:46:23 PM |
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why do yo keep posting the same picture over and over again? do you have some memory issues?
Why do you keep posting the word "why" over and over again? do you have some memory issues? Why don't you answer any questions? Why do you love Putin Huilo so much? Why are you here if bitcoin is so worthless? |
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YogoH
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November 16, 2014, 03:47:17 PM |
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please take this shit to PM, or at least snip the fucking quotes
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NotLambchop
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November 16, 2014, 03:54:14 PM |
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...
Why do you keep posting the word "why" over and over again? do you have some memory issues?
Why don't you answer any questions? Why do you love Putin Huilo so much? Why are you here if bitcoin is so worthless? OK, Buddy, here's why: 1. The image is a teaching aid. Though some children learn quickly, others, such as yourself, have what you've so eloquently described as "memory issues." For you, endless repetition holds the most promise. 2. Stop obsessing with Putin. 3. I'm here because I hold Bitcoin, and trade it like a red-headed stepchild. And because I'm on Satoshi's payroll. All of this has been said before, but you've forgotten already. That's why things have to be repeated. See? |
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wmr42393
Member
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Activity: 77
Merit: 10
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November 16, 2014, 03:58:18 PM |
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OK, Buddy, here's why:
Why do you consider me your buddy? we are not friends, do you have memory issues?  |
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NotLambchop
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November 16, 2014, 04:01:02 PM |
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...
we are not friends...
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 16, 2014, 04:01:29 PM |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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November 16, 2014, 04:01:34 PM |
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When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?
Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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November 16, 2014, 04:02:45 PM |
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Here is one expert, cato daily, from the monetary conference. Kevin Dowd, an adjunct scholar at the Cato Institute: http://www.cato.org/multimedia/daily-podcast/unfortunate-future-bitcoin"bitcoin will crash to zero, get out now! Yes, I am disappointed too." Check out his reasoning: Loss of confidence.And Cato is one of the best sources, committed to liberty. I understood his reasoning was centralization of mining due to "atomic competition needed" vs. "economies of scale" problem. Loss of confidence is just the endgame (the last domino to fall, using his words), not the reason. I find his reasoning problematic. Not saying it's wrong, but it's just not as clear-cut a case as he makes it out to be. |
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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November 16, 2014, 04:03:35 PM |
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When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?
Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle
Not soon. Above $600 is my guess, or maybe not at all. |
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Auxi
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November 16, 2014, 04:05:14 PM |
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OP, update poll, please!
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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November 16, 2014, 04:17:31 PM |
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When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?
Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle
short are already squezzed... btc swap demand at bitfinex are dwindling |
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JorgeStolfi
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November 16, 2014, 04:17:34 PM |
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Huobi troubles: http://www.reddit.com/r/Bitcoin/comments/2mdtxl/huobi_takes_1271000_usd_from_users_profits_during/On Friday Nov 14th, 2014, BitVC, a subsidiary of the Chinese exchange Huobi, announced its futures trading platform has lost more than 3200 BTC (about $1,271,000 USD) this past week, and forced the users who won money that week to spread the loss, taking away 46.1% of all users profits that week. [ ... ] Look how cuuute, just like big papa bank...  |
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NotLambchop
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November 16, 2014, 04:18:41 PM |
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OP, update poll, please!
OP is  |
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JorgeStolfi
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November 16, 2014, 04:36:55 PM |
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Huobi's explanation of what happened: http://www.reddit.com/r/Bitcoin/comments/2mdtxl/huobi_takes_1271000_usd_from_users_profits_during/cm3qanwDue to the very large, rapid price movements on 11/13 and 11/14 and many users trading with 20x leverage, many forced liquidations were unable to be executed at the target price, thus resulting in a situation where cumulative users' losses exceeded cumulative users' profits by 46.1% for the weekly bitcoin futures contract. As stated in the BitVC Futures rules ( https://www.bitvc.com/help/detail?id=81), the systemic losses were allocated to the profitable users proportionally. We understand that this level of loss allocation is unacceptable and so we are crediting the full amount of losses allocated to users' future trading fees. [...] |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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November 16, 2014, 04:38:50 PM |
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It is the same, but with the other speakers too. Good. |
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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November 16, 2014, 04:48:15 PM |
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Wow, went to sleep early Saturday night just when it was rallying at $383. Missed the whole runup to $395. Just woke up this morning, and it's back to $381.   I think that's the best "keep calm" poster I've ever seen. Thank you. |
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dinofelis
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November 16, 2014, 04:54:07 PM |
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A lot of investors think that the main purpose is payments, so they invest in diverse bitcoin related services companies. I think payments in itself does not drive the price, only the urge to hold bitcoins. Fortunately, that is a future side effect of creating many new payment customers, so I am happy with that.
... and we're back to the quantity of money formula ! The "side effect of holding bitcoins with the purpose of doing payments" is *exactly* what that formula expresses ! Of course the payments in itself do not drive price. The payments (Q) plus the "holding" (1/V) that goes with it, does. But this was also my worry: if bitcoin payments are going to be: 1) acquire bitcoins on an exchange 2) do your payment immediately with it (after a few blocks) 3) the seller receives the payment 4) after a few blocks, converts them back into fiat Then this corresponds to a very high velocity (a very low time to hold) and you can buy *a lot* of stuff with a few bitcoins at a relatively low price that way. In fact, if the whole stash of bitcoins in existence were to be used that way, and, say that one such cycle takes a third of a day, then the velocity is about 1000. Meaning that with the current market cap, one could buy for about 5 trillion $ per year that way. |
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Poll
