Someone just took a gigantic dump.

[sapp]

Well store your currency behind a 128 bit encryption. ie your own website perhaps. And if bitcoins where stolen more care should of been taken too prevent such things.

[Jonathan Ryan Owens]

Well store your currency behind a 128 bit encryption. ie your own website perhaps. And if bitcoins where stolen more care should of been taken too prevent such things.

..we say banana

..you say potato

[sapp]

what ever 

[Jonathan Ryan Owens]

what ever 

Awe. Hey, I'm sorry sapp. We were discussing overall network security, not personal bitcoin security. If the attack that he was talking about were successful, it would have nothing to do with how well you store your private keys.

Thanks for joining our awesome and friendly community. We'll be here at least another month watching the melt down. Don't forget to bring the popcorn.

-Jonathan

[sapp]

Oh really a melt down hey, I should sell my bitcoin and domain names then for the lowest price I can get.

LMFAO no way mate, I am staying put none the less cool story bro. anything is possible.

[Jonathan Ryan Owens]

Oh really a melt down hey, I should sell my bitcoin and domain names then for the lowest price I can get.

LMFAO no way mate, I am staying put none the less cool story bro. anything is possible.

Actually you really should sell them. The downturn isn't over yet.

Are you going to sell trading cards and gift cards for bitcoin? I'm sure its something quite innovative. Best of luck with that.

A word of advice: Don't let Matthew hear about your domain names if you know what's good for you.

[sapp]

my names not matthew, why would you think it is.

[Jonathan Ryan Owens]

my names not matthew, why would you think it is.

Who's on first?

[deepceleron]

Giant douche:


Who is it? How about Tycho (deepbit pool admin). Lets analyze:

-Makes 3% (for proportional) or 10% (for PPS) on half of all the bitcoins mined,
-keeps all of half the transaction fees seen on the network,
-deepbit thread started June - ~150 days ago,
-hasn't logged into forums for two weeks (disinterest?)

Lets call it a conservative 2% of all bitcoins earned: 144 BTC a day x 100 days. 14,400 BTC. Nope, that's not enough to account for midnight dumping (35,000 in an hour).

Who else has the coins to sell? Art, Vlad, Tux? Mystery bubble sucker? Likely not "Satoshi", early coins have never been touched, so aren't on an exchange (unless the exchange has the whole wallets. It's feasible, since everything seems to start at Satoshi.) Is the seller awake in Japan?

[Etlase2]

I think the question is who doesn't have the coins to sell. There have to be at least two or three dozen people that could do this. These are the same people that chose to let the price run up to $35. What makes you think there has ever been good intentions from bitcoin's elite?

[BTCcommodities]

someone check activity on bitcoinica during these times?

[proudhon]

I still don't understand why people do this? If the price has been trading in the 2.4-2.6 range, why not just put your sell of 20 000 btc at 2.4? Do they really need the money right now, so much they will take up to .5 less per bitcoin in trade?

Because if they put their 20,000 btc sell order at 2.4 a lot of people will get spooked sell down ahead of them and eat up cash they could have had.

[michaelmclees]

I still don't understand why people do this? If the price has been trading in the 2.4-2.6 range, why not just put your sell of 20 000 btc at 2.4? Do they really need the money right now, so much they will take up to .5 less per bitcoin in trade?

You asking this and having the words "Lambert Investment Fund" in your signature scares me.

[proudhon]

I still don't understand why people do this? If the price has been trading in the 2.4-2.6 range, why not just put your sell of 20 000 btc at 2.4? Do they really need the money right now, so much they will take up to .5 less per bitcoin in trade?

You asking this and having the words "Lambert Investment Fund" in your signature scares me.

No kidding.

[mmortal03]

I still don't understand why people do this? If the price has been trading in the 2.4-2.6 range, why not just put your sell of 20 000 btc at 2.4? Do they really need the money right now, so much they will take up to .5 less per bitcoin in trade?

You asking this and having the words "Lambert Investment Fund" in your signature scares me.

Why not call it the GLBTSE or the LGBTSE? Leaving out transgendered people is prejudiced. 

[Crypt_Current]

someone check activity on bitcoinica during these times?

Yes, I am very active on bitcoinica during these times, and I am convinced bitcoinica is the "manipulator"

[sapp]

Oh really a melt down hey, I should sell my bitcoin and domain names then for the lowest price I can get.

LMFAO no way mate, I am staying put none the less cool story bro. anything is possible.

Actually you really should sell them. The downturn isn't over yet.

Are you going to sell trading cards and gift cards for bitcoin? I'm sure its something quite innovative. Best of luck with that.

A word of advice: Don't let Matthew hear about your domain names if you know what's good for you.

those are some ideas, not what i had in mind my idea is something most likely not ever done before which integrates old technology with this new currency.
  hey.....

furthermore can a moderator please message me privately please i have some questions regarding privacy on these forums.

[phorensic]

Hai Guyz, I made a chart to esplain everything

[julz]

Hai Guyz, I made a chart to esplain everything

The first few dips looked like smilies - the later ones look like shark's teeth.
That does indeed explain everything, thank you.

[dree12]

Hai Guyz, I made a chart to esplain everything

The first few dips looked like smilies - the later ones look like shark's teeth.
That does indeed explain everything, thank you.

This also explains everything.

(price smoothed 400 days because of noise).