dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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April 10, 2014, 06:42:35 AM |
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You need to hedge your position next bubble I wrote you a bit of code to run that will solve all your problems do { if (isnewbubble) { for (x=int;x < EndOFCoinz;x=numbubblesz) { sell 25% at next ATH || 25% @ 25% > ATH || Let the next 50% ride } } else break; { while (bitcoinstate=bubble) wait until the next bubble~crash story we are @ num 4 now Saved
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Arghhh
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April 10, 2014, 06:47:36 AM |
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I will devour each and every last of those delicious cheap chinese coins.
For me, if price goes up, I get richer. If price goes down, I get more coins and get far more richer in July.
Either now or later, I simply can't lose.
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Mikellev
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April 10, 2014, 07:20:50 AM |
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But you all do realize that this is the perfect howto for all the banks worldwide ? Let the chinese show what happens to that bitcoin. Waiting for law ? No just let the banks ban btc and its dead. Banks dont want the btc and this is how they reach their goal. Easy as it can be.
So who do you hate next ? US Banks ? Australia Banks (they already did start banning btc...) ?
Face it, bankers + money makes the rules. btc tried to say FU to the banking system worldwide. Problem is, they rule the world. China just showed that its easy to get rid of that stupid nerd monopoly "money".
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Sawadekub
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April 10, 2014, 07:25:18 AM |
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Yay cheap coin.. sell sell sell stupid dumb ass.. chinese buy 1k coins sell them for 400usd.. how cool !!!
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YipYip (OP)
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April 10, 2014, 07:28:52 AM |
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But you all do realize that this is the perfect howto for all the banks worldwide ? Let the chinese show what happens to that bitcoin. Waiting for law ? No just let the banks ban btc and its dead. Banks dont want the btc and this is how they reach their goal. Easy as it can be.
So who do you hate next ? US Banks ? Australia Banks (they already did start banning btc...) ?
Face it, bankers + money makes the rules. btc tried to say FU to the banking system worldwide. Problem is, they rule the world. China just showed that its easy to get rid of that stupid nerd monopoly "money".
DId i forget to mention that teh EU & germany have recognised bitcoin as currency....OooOps you forgot about that little chessnut did we Sure totalaterian regimes and Corrupted special interest groups i.e US will subvert the legal process but the Europeans live by the rule of law Just so u have got it BITCOIN > CHINA BITCOIN > USA
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Mikellev
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April 10, 2014, 07:37:20 AM |
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But you all do realize that this is the perfect howto for all the banks worldwide ? Let the chinese show what happens to that bitcoin. Waiting for law ? No just let the banks ban btc and its dead. Banks dont want the btc and this is how they reach their goal. Easy as it can be.
So who do you hate next ? US Banks ? Australia Banks (they already did start banning btc...) ?
Face it, bankers + money makes the rules. btc tried to say FU to the banking system worldwide. Problem is, they rule the world. China just showed that its easy to get rid of that stupid nerd monopoly "money".
DId i forget to mention that teh EU & germany have recognised bitcoin as currency....OooOps you forgot about that little chessnut did we Sure totalaterian regimes and Corrupted special interest groups i.e US will subvert the legal process but the Europeans live by the rule of law Just so u have got it BITCOIN > CHINA BITCOIN > USA Well Im living in Germany and following the Banking news regarding BTC very close. Whatever the goverment said btc is, try to trade btc at a german bank and say bye bye to your account. Only one small Bank named Fidor is working with btc. All the rest, biggest banks will close your account as soon they see bitcoin related stuff.
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YipYip (OP)
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April 10, 2014, 07:48:03 AM |
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But you all do realize that this is the perfect howto for all the banks worldwide ? Let the chinese show what happens to that bitcoin. Waiting for law ? No just let the banks ban btc and its dead. Banks dont want the btc and this is how they reach their goal. Easy as it can be.
So who do you hate next ? US Banks ? Australia Banks (they already did start banning btc...) ?
Face it, bankers + money makes the rules. btc tried to say FU to the banking system worldwide. Problem is, they rule the world. China just showed that its easy to get rid of that stupid nerd monopoly "money".
DId i forget to mention that teh EU & germany have recognised bitcoin as currency....OooOps you forgot about that little chessnut did we Sure totalaterian regimes and Corrupted special interest groups i.e US will subvert the legal process but the Europeans live by the rule of law Just so u have got it BITCOIN > CHINA BITCOIN > USA Well Im living in Germany and following the Banking news regarding BTC very close. Whatever the goverment said btc is, try to trade btc at a german bank and say bye bye to your account. Only one small Bank named Fidor is working with btc. All the rest, biggest banks will close your account as soon they see bitcoin related stuff. Its your choice to be a bear and smear FUD for whatever reasons you have 1) you lost money and want the world to BURN 2) you are secretly trying to push the price lower to get some sweet sweet BTC 3) you are angry and love negativity Thats your choice..I myself have been working in billing systems & the Australian banking system for the last 10 years and there is one un-deniable truth with crypto IT DELIVERS ...just like texting ...just like facebook ...just like smart phones and any other thing or product that is useful When the man on the street uses it ...they then understand what all the fuss is about ..so whatever negativity you want to say about btc... i am happy for you ..lets see what the man on the street has to say about BTC and crypto
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Mikellev
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April 10, 2014, 07:59:10 AM |
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Sorry, you Sir should change your signature to something like brain.... I read some of your recent postings and I do understand that you are not willing to accept the big picture. 1. I did not lost one cent in BTC. Started mining btc in 2010 and daytrading in 2013. Im back into fiat since 690$ 2. You can ask the "man on the streets" now. 9 of 10 didnt even heard of bitcoin or know what it is. 3. The one who knows about btc is informed through the press or media, so bitcoin is drug or money for criminals as he learned it. 4. banks dont want the btc. It will kill their bizz. 5. try searching for bank account closed due to bitcoin germany, or if you can read german, try the german part of this forum. 6. Australia: http://www.theguardian.com/world/2014/apr/10/bitcoin-dumped-by-national-australia-bank-as-too-riskySo im telling FUD ? Go home.
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YipYip (OP)
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April 10, 2014, 08:31:55 AM |
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Sorry, you Sir should change your signature to something like brain.... I read some of your recent postings and I do understand that you are not willing to accept the big picture. 1. I did not lost one cent in BTC. Started mining btc in 2010 and daytrading in 2013. Im back into fiat since 690$ 2. You can ask the "man on the streets" now. 9 of 10 didnt even heard of bitcoin or know what it is. 3. The one who knows about btc is informed through the press or media, so bitcoin is drug or money for criminals as he learned it. 4. banks dont want the btc. It will kill their bizz. 5. try searching for bank account closed due to bitcoin germany, or if you can read german, try the german part of this forum. 6. Australia: http://www.theguardian.com/world/2014/apr/10/bitcoin-dumped-by-national-australia-bank-as-too-riskySo im telling FUD ? Go home. National Australia Bank ..I worked for them for 10 years both in teh Fiannce dept and Business Bank IT ..so what .. A BANK says no to Bitcoin ..STOP THE PRESSES !!! No shit on Bitcoin muscling in on there business..I was in a number of technology Architecht policy meetings in regards to this fact .....there will be some with vision that see it as an opportunity and will become the Goto place for all of that sweet sweet fiat moneyz taht spew forth from crypto They had the same viewpoint of paypal ....hmmm i wonder how that startup is doing ?? Man on the street not knowing who cares ..as i said when he uses it they will be converted Wow another bank closed somebodys account because guess what BANKS ARE ASSHOLES .... QUICK STOP THE PRESS's AGAIN !!! Grow up ... and live in the real world..... BANKS do this type of shit to ppl and companys all the time ..do u knwo why ..because they can ..if you are above the age of 30+ you undetrstand that the world in not ment to be fair ..its called teh push and shove of life Lets see where BTC is in July 31 ..i will happily make a bet for 0.1-2 btc that it will be above 500 for the closing price on a 5 min candle on stamp ...escrow saltyspoon So basically put up or shut up
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Mikellev
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April 10, 2014, 09:04:54 AM |
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Basicly you are telling the same as I do. Difference is, you still think the world can work without banks. Im saying: if banks dont want the btc, there will be no btc.
Your man on the street will NEVER use it. Go out from your desk and ask them. First thing they will ask you "why" ? Second will be: What if I made an error, sending to much or to the wrong address ?" Its not working that way. Face it, btc or any altcoin, will always be a thing for ppl like us. Kinda nerds who love this shit. Mainstream will not.
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TERA
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April 10, 2014, 09:25:13 AM |
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Bitcoin doesn't need China to survive. However, if China is removed then the current supply and demand levels experience a dramatic shift, causing the price to decrease.
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Mikellev
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April 10, 2014, 09:35:56 AM |
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Bitcoin doesn't need China to survive. However, if China is removed then the current supply and demand levels experience a dramatic shift, causing the price to decrease.
And which bank controlled country is next ? Open for suggestions.
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YipYip (OP)
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April 10, 2014, 10:44:52 AM |
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Basicly you are telling the same as I do. Difference is, you still think the world can work without banks. Im saying: if banks dont want the btc, there will be no btc.
Your man on the street will NEVER use it. Go out from your desk and ask them. First thing they will ask you "why" ? Second will be: What if I made an error, sending to much or to the wrong address ?" Its not working that way. Face it, btc or any altcoin, will always be a thing for ppl like us. Kinda nerds who love this shit. Mainstream will not.
World without banks ....are you smoking crack .... Serious ..I am not some crack pot ..i live in the real world. Crypto is a complimentary technology.... Man in the street is teh same analogy as using cash ..remember that stuff if you give it to somebody and you make an error ..well guess what bad luck Also if u give it to teh wrong person ..guess what bad luck .. I speak to mainstream every day there are so many uses yopu are just not looking at it the right way ... i.e @ house auctions as a way of securing a deposit when the banks are not open ..i.e as a defacto BOND or security ..this is where teh inherint function of crypto come to teh for ..i.e a secured deposit taht the reciever knows that teh transaction cant be reversed in a safe and convenient way that they dont have to carry 100k in cash This is just one use ...my family owns a online computer company ...it is PEEEERRRRFECT for stopping fraudulent paypal & CC charge backs .. Merchants just love it So at the end of the day you shoudl put down the crack pipe and open your mind to the oppurtunity that crypto is
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Mikellev
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April 10, 2014, 10:52:09 AM |
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Basicly you are telling the same as I do. Difference is, you still think the world can work without banks. Im saying: if banks dont want the btc, there will be no btc.
Your man on the street will NEVER use it. Go out from your desk and ask them. First thing they will ask you "why" ? Second will be: What if I made an error, sending to much or to the wrong address ?" Its not working that way. Face it, btc or any altcoin, will always be a thing for ppl like us. Kinda nerds who love this shit. Mainstream will not.
World without banks ....are you smoking crack .... Serious ..I am not some crack pot ..i live in the real world. Crypto is a complimentary technology.... Man in the street is teh same analogy as using cash ..remember that stuff if you give it to somebody and you make an error ..well guess what bad luck Also if u give it to teh wrong person ..guess what bad luck .. I speak to mainstream every day there are so many uses yopu are just not looking at it the right way ... i.e @ house auctions as a way of securing a deposit when the banks are not open ..i.e as a defacto BOND or security ..this is where teh inherint function of crypto come to teh for ..i.e a secured deposit taht the reciever knows that teh transaction cant be reversed in a safe and convenient way that they dont have to carry 100k in cash This is just one use ...my family owns a online computer company ...it is PEEEERRRRFECT for stopping fraudulent paypal & CC charge backs .. Merchants just love it So at the end of the day you shoudl put down the crack pipe and open your mind to the oppurtunity that crypto is Well yea ! cool. Scammers love it. Selling stuff on ebay and co without any risk. great idea. I dont know what kind of retard you are, but grow up. It is NOT READY for the normal guy. BTC was an nice invention to show that there is other, better ways, but its not the solution. Face it and sell your coins as long you get something for it. Wait for the next thing. Normal ppl want banks, control, to be controlled to feel "safe". Normal ppl BUY stuff and dont sell. So your argument is stupid.
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dannyspk
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April 10, 2014, 10:54:45 AM |
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Just hold if u lost money.. if u sell them thats real lost lol!!
What if you've been holding since single digits? I call that committed... I was in @ .04 ltc Crypto is the sweet sweet whore who just keeps on givun both the drama (as all whores are drama) and the lovin This is the 3rd time I have gone through this so ..to all the noobs ...just HODL as it was the same story from the bears for the @ $12 crash @ $40 crash @ 266 crash and now we have the @400 crash ...lolz Wait until novemember when the rocket is always fueled and ready to go Technically this is a $1200 crash. $266 was the highest of the rally, remember?
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YipYip (OP)
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April 10, 2014, 11:02:50 AM |
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Basicly you are telling the same as I do. Difference is, you still think the world can work without banks. Im saying: if banks dont want the btc, there will be no btc.
Your man on the street will NEVER use it. Go out from your desk and ask them. First thing they will ask you "why" ? Second will be: What if I made an error, sending to much or to the wrong address ?" Its not working that way. Face it, btc or any altcoin, will always be a thing for ppl like us. Kinda nerds who love this shit. Mainstream will not.
World without banks ....are you smoking crack .... Serious ..I am not some crack pot ..i live in the real world. Crypto is a complimentary technology.... Man in the street is teh same analogy as using cash ..remember that stuff if you give it to somebody and you make an error ..well guess what bad luck Also if u give it to teh wrong person ..guess what bad luck .. I speak to mainstream every day there are so many uses yopu are just not looking at it the right way ... i.e @ house auctions as a way of securing a deposit when the banks are not open ..i.e as a defacto BOND or security ..this is where teh inherint function of crypto come to teh for ..i.e a secured deposit taht the reciever knows that teh transaction cant be reversed in a safe and convenient way that they dont have to carry 100k in cash This is just one use ...my family owns a online computer company ...it is PEEEERRRRFECT for stopping fraudulent paypal & CC charge backs .. Merchants just love it So at the end of the day you shoudl put down the crack pipe and open your mind to the oppurtunity that crypto is Well yea ! cool. Scammers love it. Selling stuff on ebay and co without any risk. great idea. I dont know what kind of retard you are, but grow up. It is NOT READY for the normal guy. BTC was an nice invention to show that there is other, better ways, but its not the solution. Face it and sell your coins as long you get something for it. Wait for the next thing. Normal ppl want banks, control, to be controlled to feel "safe". Normal ppl BUY stuff and dont sell. So your argument is stupid. ...lolz ..really how old are you 10 .. "ppl buy stuff and dont sell" .. Oh ok that makes a lot of sense....... lolz Can anybody explain to me how that makes sense... "Sell my coinz now " ...you forgot the last bit to that line " before its too late" FYI I just bought a lotttttt today in coinz and plan to buy more tommorow....lets see who is smiling in 6 months Also once again I offer you to put your money where you FUD whole is or are you just full of piss and vinegar P.P.S There is also another solution to your problem ..you can always leave crypto and from the sound of pain in your voice it would probably be better if u did
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YipYip (OP)
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April 10, 2014, 11:03:52 AM |
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Just hold if u lost money.. if u sell them thats real lost lol!!
What if you've been holding since single digits? I call that committed... I was in @ .04 ltc Crypto is the sweet sweet whore who just keeps on givun both the drama (as all whores are drama) and the lovin This is the 3rd time I have gone through this so ..to all the noobs ...just HODL as it was the same story from the bears for the @ $12 crash @ $40 crash @ 266 crash and now we have the @400 crash ...lolz Wait until novemember when the rocket is always fueled and ready to go Technically this is a $1200 crash. $266 was the highest of the rally, remember? my Bad
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porcupine87
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April 10, 2014, 12:12:17 PM |
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what is the impact of China to the Bitcoin world?
I am a market fan. I think the market price is the best indicator predicting the future (not past price, the current price), because the best informations get aggregated in the current price. Every new information (bearish or bullish) gets priced in. So the last price drop was MtGox and now China.
But why is China such a big impact? Because of the trading volumes of its exchanges? I really don't trust them. There might be a little more trading because of zero fees but really? I mean if you add it up Huobi and OkCoin each account for 5times more volume than the biggest exchange of USD. Don't get me wrong. China might not trust their goverment and looking for a safe investment. On the other hand I was in China and people trust their goverment. If you compare that to europe or the US, people in China are much more pro-goverment. Americans and Europeans mistrust their politicans much more. So therefore shouldn't be the western world the leading power in Bitcoin. Furthermore, the infrastruture in building up in the western world, not in China.
So what is the impact of China to the Bitcoin world? I am talking about the real value of Bitcoin. Fast and cheap transactions. Using Bitcoins. In China? I don't think so! Therefore Chinas impact is marginal.
So does this mean the market reaction is wrong? Hm we don't know. Maybe the market overestimated the impact of China for the last half year and only because of that the price has shooten up.
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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atp1916
Legendary
Offline
Activity: 854
Merit: 1000
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April 10, 2014, 12:23:23 PM |
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The Chinese Bitcoin speculators are parasites.
They know full well they have no hope of actually implementing Bitcoin technology in their communist society, so the best they can do is make a buck off the technology and siphon off capital from all the other investors around the world.
Good riddance.
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Mythul
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April 10, 2014, 12:40:29 PM |
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The chinese exchanges will just move the servers outside of China or in Hong Kong.......just a minor delay for the rocket launch
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