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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1807449 times)
elux
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October 07, 2014, 03:29:07 PM
 #13441

Crazy.  If we can just get those damn miners to shut off their rigs, the price of BTC would esssssplode!  Obvious inverse correlation!

You should look into pirates vs the climate. Wink
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vuduchyld
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October 07, 2014, 03:30:09 PM
 #13442

I could definitely see something like btm catching on around the Internet in the future.
What the fuck is BTM?

Just another altcoin called Bitmark.
Doesn't seem to be "Just another altcoin", marking is pretty awesome.

There are so many flavors of alts, and most of them are re-hash of non-original code.  Anything is possible in that space, and saying otherwise is pure speculation.  I do think that Mark Pfennig, coinsolidation is his user name in the forum, has a unique take on usability and adoption.  The notion of marking can be integrated with almost anything, including the Overstock/XCP notion of a securities marketplace.  Imagine how marking and reputation would integrate with that marketplace (read more here if interested: https://github.com/project-bitmark/marking/wiki and if not interested, that's cool, too....perfectly understandable)
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October 07, 2014, 03:31:21 PM
 #13443


Crazy.  If we can just get those damn miners to shut off their rigs, the price of BTC would esssssplode!  Obvious inverse correlation!

All-pro extrapolation, demonspawn.
My chart is as irrelevant to BTC exchange rate as the original posted by cypherdoc.
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October 07, 2014, 03:31:35 PM
 #13444

Crazy.  If we can just get those damn miners to shut off their rigs, the price of BTC would esssssplode!  Obvious inverse correlation!

You should look into pirates vs the climate. Wink

Whoa....who knew?
cypherdoc
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October 07, 2014, 03:41:09 PM
 #13445

https://twitter.com/jgarzik/status/519505899459997696
cypherdoc
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October 07, 2014, 03:42:34 PM
 #13446

bullshit

think forward MyLambchop.

price will snap up to catch up.
mmitech
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October 07, 2014, 03:50:19 PM
 #13447

bullshit

think forward MyLambchop.

price will snap up to catch up.

yea it will catch up.... soon™
rocks
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October 07, 2014, 04:13:17 PM
 #13448


Wow, this is one of the best quotes

Quote from: andreesen
If you’re used to living in a world where you trust people and institutions, then it probably does seem weird and bizarre that you would trust something where you don’t know who created it. But if you’re in a world where you trust numbers and math and code, it doesn’t matter. There is no appeal to authority. You evaluate it on the basis of the math. It’s just math
cypherdoc
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October 07, 2014, 04:22:55 PM
 #13449

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.
rocks
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October 07, 2014, 04:28:28 PM
 #13450

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalk.org/index.php?topic=775881.0
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October 07, 2014, 04:38:55 PM
 #13451

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalk.org/index.php?topic=775881.0

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.
_mr_e
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October 07, 2014, 04:41:10 PM
 #13452


Getting really old reading about all these claims without the slightest bit of evidence backing them up.
sidhujag
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October 07, 2014, 04:42:36 PM
 #13453

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalk.org/index.php?topic=775881.0

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.

I thought any clients above 0.8.6 would filter these spam as dust and not process them?
_mr_e
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October 07, 2014, 04:46:12 PM
 #13454

the great thing about the Blockchain.info investment is that of all the wallets and exchanges out there, blockchain.info adheres most closely to the founding principles of Satoshi and Bitcoin. headed by Roger Ver, you just know that blockchain.info will never do anything to compromise the original Bitcoin vision; that of privacy (tumbling), personal handling of keys, safety, and great development. they even pay all their employees in Bitcoin negating the need for banks.

this development almost ensures Bitcoin's long term survival.

Agreed, but the address tagging they implemented is very problematic. It is the reason we are starting to see these new spam deposits for 0.00001 BTC that are useless clutter but permanently show the senders name every time you look at one of your addresses.

https://bitcointalk.org/index.php?topic=775881.0

I have a theory this is why people have been receiving single satoshi's to old addresses. Once you try and send a new transaction and the single satoshi output is combined with your new HD address they can determine it is the same person using the same wallet.

I thought any clients above 0.8.6 would filter these spam as dust and not process them?

So did I, but I've received a few that were confirmed
cypherdoc
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October 07, 2014, 04:56:04 PM
 #13455

so here you go; affirmation of my bucket theory with all levels rising in aggregate but at different rates and different times:

In full disclosure I’ve started buying it again after staying mostly on the sidelines for most of the past two years.


http://avc.com/2014/10/bitcoin-price-and-promise/

of course it makes sense.  as the price drops to lower and lower levels, the financially astute who believe in and understand the fundamental and technical promise of Bitcoin, decide to buy.  how can they resist?  coins are cheap!
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October 07, 2014, 05:00:35 PM
 #13456

bulls gotta be worried about this. sliding down the mountain:

niothor
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October 07, 2014, 05:01:49 PM
 #13457

We're close to a rise, any time now with all the good things coming to bitcoin!!

cypherdoc
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October 07, 2014, 05:11:21 PM
 #13458

nice graph from Pantera.  Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf



rocks
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October 07, 2014, 05:31:33 PM
 #13459

nice graph from Pantera.  Bitcoin continuing to gain on altscams:

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-September-2014.pdf




The majority of altcoins are speculative, so it is logical that during the Nov 2013 spike altcoins ran up and then drifted down as speculative fever subsided. It will be interesting to see if altcoins spike again during the next bitcoin run or not.
cypherdoc
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October 07, 2014, 06:02:26 PM
 #13460

India is the fastest-growing smartphone market in the world driven by the availability of cheap devices with most people getting online through mobile networks, according to Pieters.

http://www.bloomberg.com/news/2014-10-06/vodafone-invests-1-billion-in-india-to-drive-data-use.html
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