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oakpacific
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April 04, 2013, 02:25:05 AM |
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Could we crowdfund an exchange?
A crowdfunded, nonprofit Bitcoin exchange. Ultra low fees. Or something.
this idea needs more love. Indeed.. pretty sure it would be crowdfunded extremely fast ! Has anyone started at BTC crowd funding like site? Shit that's a good idea! It's by no means so simple, if you want to operate as a money transmitter in pretty much any country, you need to do some really serious legal heavy-lifting, in fact, that's partly the reason why Gox is in a leading position, they do very well on this front. And almost anyone who wants to go through all this will want to make some serious money, not just enough money to feed his family. |
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DoomDumas
Legendary
 Offline
Activity: 1001
Merit: 1000
Bitcoin forever !
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April 04, 2013, 02:26:33 AM |
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Well, this has to go down as one of the most exciting/frustrating/scary/intense/emotionally draining days ever.
If you brush aside the goxxing, today was a typical bear trap and not very abnormal at all  Indeed, I felt peacefull today, as I've move out of Gox more than a year ago  |
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oakpacific
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April 04, 2013, 02:36:40 AM |
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Bears are selling with style! |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 04, 2013, 02:39:20 AM |
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Bears are selling with style! Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes! |
- aka The "DigiMan"
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1000
₪``Campaign Manager´´₪
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April 04, 2013, 02:39:46 AM |
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I'll just leave this here. Picked a hell of a day to do it on! http://www.youtube.com/watch?v=gG53ATWPJ_QBut yeah, the whole time I'm thinking why are you being stupid and selling x coins at $120 when you could've easily sold higher. Or, oh no, price is now $115, I'm going to sell NOW! Probably will blame it on Gox lag. Oh well, for those who were prepared, "cheap" coins for them. Hahaha, that scene with Bob from 'Fight Club'! I just love the pics that the bitcoinity guy choses  . |
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oakpacific
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April 04, 2013, 02:42:46 AM |
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Bears are selling with style! Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes! I think some bears need to get dragged kicking and screaming into the era of expensive coins. |
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ineededausername
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April 04, 2013, 02:47:16 AM |
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Bears are selling with style! Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes! I think some bears need to get dragged kicking and screaming into the era of expensive coins. expensive? They look cheap to me |
(BFL)^2 < 0
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oakpacific
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April 04, 2013, 02:53:21 AM |
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Bears are selling with style! Here in a couple hours we will start the evening rally when new funds are unleashed to waiting bulls! And henceforth these bears will continue to have a pair of horns rammed up their ever so hairy assholes! I think some bears need to get dragged kicking and screaming into the era of expensive coins. expensive? They look cheap to me Cheap? You go buy a hundred of them right now I dare you!  I would prefer to say:" Yes, they are expensive, but these are the least expensive coins you probably can get from now on, anyway there will be no more than 20 million of them in your whole life time, better grab some before the supply drains out!" |
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fcmatt
Legendary
Offline
Activity: 1610
Merit: 1001
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April 04, 2013, 03:06:50 AM |
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at this rate the price will be less then 100 in 24 hours. i wanted to sell some at 150 today. sigh!
bulls... get this party going.
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mccorvic
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April 04, 2013, 03:14:41 AM |
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at this rate the price will be less then 100 in 24 hours. i wanted to sell some at 150 today. sigh!
bulls... get this party going.
Party don't start for a few more hours. But...aren't you the guy who argued it was smart to sell at 29? It's not like you'd get an invitation to the party anyways. |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 04, 2013, 03:17:37 AM |
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Wow, another 2.5k....
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MikeH
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April 04, 2013, 03:25:42 AM |
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Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.
Probably scumbags like S3052 - that shit should be illegal. |
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NamelessOne
Legendary
Offline
Activity: 840
Merit: 1000
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April 04, 2013, 03:31:18 AM |
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Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.
Probably scumbags like S3052 - that shit should be illegal. Haha what is wrong with S3052? He provides a service people are willing to pay for as do others on here. I've found his service quite useful. But anyone can learn and use elliot wave theory, it isn't just something 'scumbags' use. |
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mccorvic
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April 04, 2013, 04:15:21 AM |
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Someone is massively profiting from these swings. Whether it's MtGox's flaky servers or DDOS or whatever. This isn't the behaviour of a grown-up currency.
Probably scumbags like S3052 - that shit should be illegal. I don't know what it is we are talking about, but I can guarantee that making it illegal won't prevent it from happening. Psht, what are you talking about!?! Nobody anywhere smokes marijuana since it became illegal! |
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mccorvic
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April 04, 2013, 04:16:07 AM |
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Also, the new "official" bitcoin exchange btcchina is back over 1000 yuan.
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The-Real-Link
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April 04, 2013, 04:21:20 AM |
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Would it be possible for Gox to heavily fine or restrict / place minimums on orders? During the review of the timelapse and also just watching the daily charts, there are hordes of 0.01 and 0.02 buys and sells. With the way Gox's database writes slowly, these would seem to stall the system and buy someone time. It wouldn't really make it a true "trade whatever amount you want system" though. But if they had minimums, it would stand to reason they'd be able to process orders a little faster.
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Oh Loaded, who art up in Mt. Gox, hallowed be thy name! Thy dollars rain, thy will be done, on BTCUSD. Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins. And lead us into quadruple digits
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oakpacific
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April 04, 2013, 04:25:28 AM |
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Would it be possible for Gox to heavily fine or restrict / place minimums on orders? During the review of the timelapse and also just watching the daily charts, there are hordes of 0.01 and 0.02 buys and sells. With the way Gox's database writes slowly, these would seem to stall the system and buy someone time. It wouldn't really make it a true "trade whatever amount you want system" though. But if they had minimums, it would stand to reason they'd be able to process orders a little faster.
Within a year or two, most of the users will only trade 0.01 or 0.02 per order, only whales like us can trade 10 or 100 bitcoins in one go.  |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1000
₪``Campaign Manager´´₪
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April 04, 2013, 04:47:57 AM |
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In this month alone, over 57,000 new accounts were created! WTF.  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1002
Trusted Bitcoiner
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April 04, 2013, 04:48:24 AM |
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OK.... BUY!BUY!BUY! |
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