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jdbtracker
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August 08, 2013, 04:16:37 AM |
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It could be a clear sign that summer is coming to an end... no more glory days in the sun; The dreary reality of fall and soon winter will be upon us, it may be a seasonal shift in behaviour as billions return to their computers to observe the lucky few who are doing something other than working.
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If you think my efforts are worth something; I'll keep on keeping on. I don't believe in IQ, only in Determination.
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KeyserSoze
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August 08, 2013, 05:33:01 AM |
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I used to day trade Bitcoin successfully. Then I took an arrow to the knee.
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drawingthesun
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August 08, 2013, 05:54:26 AM |
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Based on relationship of volume of transactions and price of Bitcoin to USD, I suspect this means $40 Bitcoins are happening in September.
Time to sell!
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guoweang
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August 08, 2013, 06:00:25 AM |
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Could be another p&d. You heard it here first.
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elor70
Member
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August 08, 2013, 06:14:47 AM |
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Someone needs more ASCIIS
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Itcher
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August 08, 2013, 07:27:58 AM |
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It could be a good sign, meaning, bitcoins are used more and more?
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Zarathustra
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August 08, 2013, 10:43:27 AM |
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August 2013 has seen a rise in daily transactions to levels only previously seen during the immediate aftermath of the fall from $266 when many old coins came out of storage. In particular this is where popular addresses (Mt Gox, SatoshiDice etc) are excluded:
https://bitcointalk.org/index.php?topic=268882.0
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virtualmaster
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August 08, 2013, 02:42:15 PM |
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More people needs bitcoins.
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seafarer124
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August 08, 2013, 03:35:47 PM |
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More people needs bitcoins.
Does that mean the price goes down and then returns later?
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westkybitcoins
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Firstbits: Compromised. Thanks, Android!
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August 08, 2013, 04:51:11 PM |
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Not sure how much of it is going on, but perhaps at least part of it is the (alleged) de-anonymization spends someone is sending? https://bitcointalk.org/index.php?topic=269231.0https://bitcointalk.org/index.php?topic=254615.0
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Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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Stephen Gornick
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August 13, 2013, 03:32:55 PM |
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Those upgrading to an Android wallet which fixes the random-number generator security issue will have "key replacement" transactions occurring, which will have some impact on the total transaction count.
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totaleclipseofthebank
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August 13, 2013, 11:42:57 PM |
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It could also be that all the bitcoins being mined by new ASIC miners are being sent to exchange accounts
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DannyHamilton
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August 14, 2013, 12:10:50 AM |
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It could also be that all the bitcoins being mined by new ASIC miners are being sent to exchange accounts
And the ones mined by GPU miners weren't?
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jehst
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August 14, 2013, 12:30:45 AM |
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I would say gambling has something to do with it. A lot of sites have popped up where people make lots of tiny gambles.
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Year 2021 Bitcoin Supply: ~90% mined Supply Inflation: <1.8%
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Darktongue
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August 14, 2013, 03:28:17 AM |
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Well folks are useing it. Buying miners paying for parts. Buying old gpu rig parts and some new. All kinds of shit being sold. I believe a few wised up to cashing out to these central sources. I believe some of the fear of tradeing for goods has expired. Atleast in the action of doing it.
I think it's sinking in that privacy is not a right it's a privlage. If you take s loan from anyone. You waive the right to a private existence from pestering calls, letters and courts. Yiu r credit go's fuck and nobody wants to deal with you when it comes to serious shit.
It's no different here but we do not have access to a collections service. So what happens instead? A whole page of info. The who what and where of a person. Sometimes worse then what a collections agent would do. Bitcoiners will call your fucking mom man!
I think that knee jerk community reaction to a problem allows for more secure feelings. Along with escrow it's pretty awesome what's been done. I also feel $100 Bitcoin does it for people. It's simple fraction and holy shit easy to work with on the fly. I believe the community as a whole agrees on that. Abd thus itnhas stayed at or around $100.
I think people need to quit being dipshits and trying to sell booze, contraband and other federal nasties within the US or to people in the US. If it's legal elsewhere then cool. Make it so people in those areas can grab those things. I know elements such as that detract from the plan. But if we don't do some of our own policeing someone else not so nice will.
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Plazmotech
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August 14, 2013, 07:50:09 AM |
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Simple: The stability.
Stability makes Bitcoin not look like a Ponzi-scheme. Stability makes Bitcoin look like a viable currency. Stability reduces the chance of monetary loss.
As a result, more amounts of Bitcoins are being bought from many more different people, and spent.
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