jojo69
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Activity: 3150
Merit: 4309
diamond-handed zealot
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June 19, 2012, 03:29:54 AM |
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BANG!
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Spekulatius
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Activity: 1022
Merit: 1000
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June 19, 2012, 11:28:26 AM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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June 19, 2012, 11:33:25 AM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Luceo
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Activity: 350
Merit: 250
Per aspera ad astra!
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June 19, 2012, 12:07:34 PM |
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If you come to #bitcoin-otc on IRC, people are usually willing to buy or sell mtgox USD for bank wire or other payment methods. Might help anyone out who needs cash quickly and can't wait for a mtgox withdrawal.
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Spekulatius
Legendary
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Activity: 1022
Merit: 1000
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June 19, 2012, 12:23:03 PM |
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If you come to #bitcoin-otc on IRC, people are usually willing to buy or sell mtgox USD for bank wire or other payment methods. Might help anyone out who needs cash quickly and can't wait for a mtgox withdrawal.
Hmm one just will have to wait for the bank wire then to go through.  Is that really quicker then waiting for the bank wire from MtGox? (except u are one of the Dwolla victims!) |
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Spekulatius
Legendary
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Activity: 1022
Merit: 1000
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June 19, 2012, 12:23:51 PM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. Yeah, Im all in already. Just waitin for you! |
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molecular
Donator
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Activity: 2772
Merit: 1019
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June 19, 2012, 01:53:04 PM |
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If you come to #bitcoin-otc on IRC, people are usually willing to buy or sell mtgox USD for bank wire or other payment methods. Might help anyone out who needs cash quickly and can't wait for a mtgox withdrawal.
Hmm one just will have to wait for the bank wire then to go through. Is that really quicker then waiting for the bank wire from MtGox? (except u are one of the Dwolla victims!) I bought mtgox USD a couple of times from someone for a SEPA (european wire transfer). The SEPA arrived the next day every time. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Spekulatius
Legendary
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Activity: 1022
Merit: 1000
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June 19, 2012, 02:47:15 PM |
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So for non SEPA users MtGox withdrawals would be slower then?
Are MtGox SEPA withdrawls slower?
I dont have the answers.
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BTCurious
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June 19, 2012, 04:11:17 PM |
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So for non SEPA users MtGox withdrawals would be slower then?
Are MtGox SEPA withdrawls slower?
I dont have the answers.
My MtGox SEPA withdrawal took 10 calendar days. (Person-to-person usually takes at most 2 working days) |
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SkRRJyTC
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Activity: 1008
Merit: 1000
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June 19, 2012, 04:46:42 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... |
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SkRRJyTC
Legendary
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Activity: 1008
Merit: 1000
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June 19, 2012, 05:59:43 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... Okay, I guess a tiny group of people people placing $40-100k walls around is "the free market at work." Surely their intent is to do nothing but discover the current value of Bitcoin, and all will be most efficient. ETA: Not to say I'm not bullish short-term. Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating? Interesting definition... |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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June 19, 2012, 06:08:39 PM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. Yeah, Im all in already. Just waitin for you! I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 19, 2012, 06:11:32 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... Okay, I guess a tiny group of people people placing $40-100k walls around is "the free market at work." Surely their intent is to do nothing but discover the current value of Bitcoin, and all will be most efficient. ETA: Not to say I'm not bullish short-term. Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating? Interesting definition... |
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Spekulatius
Legendary
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Activity: 1022
Merit: 1000
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June 19, 2012, 07:02:16 PM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. Yeah, Im all in already. Just waitin for you! I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime. Just make sure you get out before 7.00$ or 6.90$, because there will be some resistance and I doubt we are breaking it in the first attempt. Rebuying thereafter probably makes sense in the 6.4$-6.5$ area. After 7.00$ its all easy going all the way to till we show first signs of exhaustion. Maybe around 9-10$? We ll see. If we cant break 6.6$ with the next attempt, we probably will hit it again in 1 or 2 weeks. If it doesnt break: RALLY OVER! |
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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June 19, 2012, 07:05:07 PM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. Yeah, Im all in already. Just waitin for you! I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime. That's how David Morgan and others suggest to buy silver. Silver is comparable to bitcoin, because it's scarce commodity with a highly volatile market (that is being "manipulated", whatever that means). I think buying some at regular intervals can be a good acquisition strategy. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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bulanula
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June 19, 2012, 07:06:28 PM |
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To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
You first. Yeah, Im all in already. Just waitin for you! I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime. That's how David Morgan and others suggest to buy silver. Silver is comparable to bitcoin, because it's scarce commodity with a highly volatile market (that is being "manipulated", whatever that means). I think buying some at regular intervals can be a good acquisition strategy. Dollar cost averaging FTW ! |
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hazek
Legendary
Offline
Activity: 1078
Merit: 1002
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June 19, 2012, 07:30:51 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... Okay, I guess a tiny group of people people placing $40-100k walls around is "the free market at work." Surely their intent is to do nothing but discover the current value of Bitcoin, and all will be most efficient. ETA: Not to say I'm not bullish short-term. Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating? Interesting definition... A free market is not necessarily a fair market. Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully. A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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June 19, 2012, 08:02:50 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... Okay, I guess a tiny group of people people placing $40-100k walls around is "the free market at work." Surely their intent is to do nothing but discover the current value of Bitcoin, and all will be most efficient. ETA: Not to say I'm not bullish short-term. Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating? Interesting definition... A free market is not necessarily a fair market. Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully. A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is. Actually, not everyone gets to choose which markets they participate in. The situation we have is that very wealthy participants get to choose between all markets, and they collude to exclude most people from participating in all the same markets they do. This gives them more leverage in the 'retail' markets compared to the average market participant. In short, consumers get what they are handed. They get to participate 'freely' in a small subset of markets... +1 |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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hazek
Legendary
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Activity: 1078
Merit: 1002
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June 19, 2012, 08:11:45 PM |
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Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic... Okay, I guess a tiny group of people people placing $40-100k walls around is "the free market at work." Surely their intent is to do nothing but discover the current value of Bitcoin, and all will be most efficient. ETA: Not to say I'm not bullish short-term. Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating? Interesting definition... A free market is not necessarily a fair market. Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully. A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is. Actually, not everyone gets to choose which markets they participate in. The situation we have is that very wealthy participants get to choose between all markets, and they collude to exclude most people from participating in all the same markets they do. This gives them more leverage in the 'retail' markets compared to the average market participant. In short, consumers get what they are handed. They get to participate 'freely' in a small subset of markets... I don't really understand how you think you argued against anything I stated. If you can't participate, you aren't a consumer in that market by definition, but the market is still regulated strictly by it's consumers, whether that's limited to only people who can afford to participate is irrelevant or are you suggesting to force people to make participation affordable to everyone? In other words you aren't a consumer in a market if you can't afford to be a consumer in that market. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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hazek
Legendary
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Activity: 1078
Merit: 1002
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June 19, 2012, 08:26:43 PM |
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I'm sorry but you are making zero sense.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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