|
mccorvic
|
 |
January 08, 2013, 08:41:35 PM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
No, I didn't actually. I think one of my problems with spending btc on stuff is that all the things that I could actually save money on is
already free for me. I work for an ISP so I do not need hosting, vpn access, virtual servers, hardware, etc...
So I want physical goods or the ability to pay entities that do not care about bitcoin.
I bet for others they can easily find a few things if they are a IT hobbyist type and need that stuff.
I mean, if you really don't care if BTC sticks around, takes off, has more people that accept it than yea, that works. What you can't say is that you wish more people would accept it, but then just cash out anyways. These are two contradictory statements. |
|
|
|
|
|
|
|
|
|
|
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
fcmatt
Legendary
 Offline
Activity: 2072
Merit: 1001
|
|
January 08, 2013, 08:50:29 PM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
No, I didn't actually. I think one of my problems with spending btc on stuff is that all the things that I could actually save money on is
already free for me. I work for an ISP so I do not need hosting, vpn access, virtual servers, hardware, etc...
So I want physical goods or the ability to pay entities that do not care about bitcoin.
I bet for others they can easily find a few things if they are a IT hobbyist type and need that stuff.
I mean, if you really don't care if BTC sticks around, takes off, has more people that accept it than yea, that works. What you can't say is that you wish more people would accept it, but then just cash out anyways. These are two contradictory statements. What I would like to see is someone actually sell something at a competitive rate instead of jacking it up 3-10%. Have you really looked yourself? Take precious metals for example. Marked up. Take these shopping sites or auction sites that accept bitcoin. All marked up. People are just buying stuff.. with USD (for example) and then selling it for more and think that just because they take bitcoin that I will buy it. No.. that is not how to succeed. One has to create a site, invest 10-20K, buy useful things at wholesale prices, sell cheaper then amazon, eat ramen noodles for a few years until critical mass is reached and they make some good money. That is how a business starts out and succeeds. Plus I do not gamble, buy drugs, etc.. so there goes 90% of the bitcoin economy for me. :-| Bitcoin shopping has no advantages right now. No protection, no cost savings, no perks, etc.. |
|
|
|
|
|
robocoin
|
|
January 08, 2013, 09:01:30 PM |
|
Ja ok, but in reality its not cheaper and there is not much to buy. An online shop overseas, no. I am just not a friend of the over idealistic, "Bitcoin saves the world" shit. Its still money, just better money and I'd like use it all over the web. Maybe I am all wrong for being a fucking speculator^^
Your giving me claims I didn't make. I didn't say bitcoin was going to save anything. fcmatt said he wanted to buy directly from manufacturers and I said that if he wants that to happen he/we'll need to do what we can to make it more appealing to those groups, i.e. actually spend bitcoin. Speculating and dumping does not further that goal. meh, I thought it is what I am observing. So sorry. Sometimes I say whats on my mind.  Anyways, we both agree about the fact that we need much more acceptance in the different societies for Bitcoin. But miners like fcmatt who are not just mining and hording, are very important to the community. I wan't virgin coins, too^^ (talking about distribution) He probably knows best how much profit he did not make, but there is absolutly nothing wrong with it, as long as it covers electricity and hardware cost.. |
|
|
|
|
|
mccorvic
|
|
January 08, 2013, 09:01:56 PM |
|
What I would like to see is someone actually sell something at a competitive rate instead of jacking it up 3-10%.
Have you really looked yourself? Take precious metals for example. Marked up. Take these shopping sites or auction
sites that accept bitcoin. All marked up.
People are just buying stuff.. with USD (for example) and then selling it for more and think that just because they take
bitcoin that I will buy it. No.. that is not how to succeed.
One has to create a site, invest 10-20K, buy useful things at wholesale prices, sell cheaper then amazon, eat ramen
noodles for a few years until critical mass is reached and they make some good money. That is how a business starts
out and succeeds.
Plus I do not gamble, buy drugs, etc.. so there goes 90% of the bitcoin economy for me. :-|
Bitcoin shopping has no advantages right now. No protection, no cost savings, no perks, etc..
jjgames.com - 10% with bitcoin (got my xbox 360 from there) bitcoinstore.com - I haven't surveyed every item in the store, but I got my wireless ap 10% cheaper than the same item on newegg.com My logo I'm using in my avatar - made by a user on this forum for a rate that was figurativley a steal bittrivia.com - Not gambling exactly but I guess you might consider it such, also a fun way to pass some time I literally just came up with these without hesitation and these are all examples I have personally used. Again, if you don't care about BTC and just see it as a way to get some extra USD I can't argue with that and you can do what you want. But you cannot do that and simultaneously complain that you can't do more with BTC with a straight face. Edit: Again I make this argument with the caveat that I understand if you are literally paying bills with BTC you do not have an alternative. |
|
|
|
Chalkbot
Legendary
Offline
Activity: 896
Merit: 1001
|
|
January 08, 2013, 09:06:33 PM |
|
What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
|
|
|
|
|
|
robocoin
|
|
January 08, 2013, 09:12:32 PM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
What? Last high was 2012-12-14 08:00:00/ with 13.90119 USD. If we break that 2012 August high I would win my bet on betsofbitco.in  What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
Its not looking bad for this to happen, in my eyes. |
|
|
|
|
|
mccorvic
|
|
January 08, 2013, 09:15:15 PM |
|
What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
Hey! Don't you put this thread back on track. But really, we're about 7197BTC (a little more than 1100 at 13.90) away from 14 on the ask side and 8010BTC from 13.50 on the bid side. |
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
|
January 08, 2013, 09:18:29 PM |
|
What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
Hey! Don't you put this thread back on track. But really, we're about 7197BTC (a little more than 1100 at 13.90) away from 14 on the ask side and 8010BTC from 13.50 on the bid side. And about 57000BTC above 12.50 Adam  |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
|
robocoin
|
|
January 08, 2013, 09:20:32 PM |
|
What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
Hey! Don't you put this thread back on track. But really, we're about 7197BTC away from 14 on the ask side and 8010BTC from 13.50 on the bid side. No serious, when was the last time with so much cash available? Last August? Can I see this somewhere? With btccharts.com maybe? 76k+ BTC in bids!  What are the walls looking like right now? Is it likely that we could go beyond 14 soon?
Hey! Don't you put this thread back on track. But really, we're about 7197BTC (a little more than 1100 at 13.90) away from 14 on the ask side and 8010BTC from 13.50 on the bid side. And about 57000BTC above 12.50 Adam |
|
|
|
|
|
mccorvic
|
|
January 08, 2013, 09:24:34 PM |
|
And about 57000BTC above 12.50 Adam Even though we're kinda joking, I think this number is really significant. I'm pretty sure that puts us a good distance out of reasonable dump range and nothing but a very significant down turn will take us below 13.00 for any extended period of time. |
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
|
January 08, 2013, 09:30:20 PM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
What? Last high was 2012-12-14 08:00:00/ with 13.90119 USD. If we break that 2012 August high I would win my bet on betsofbitco.in damn, sorry. My eyes skipped right past that. Should use a query instead of this visual parsing on bitcoincharts. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
|
|
|
mccorvic
|
|
January 08, 2013, 11:30:38 PM |
|
Daaawwww...look at the little bears try to dump. Ain't it just precious?! in before "those weren't dumps!" |
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
January 08, 2013, 11:50:08 PM |
|
Daaawwww...look at the little bears try to dump. Ain't it just precious?! in before "those weren't dumps!"ftfy |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
|
|
|
|
mccorvic
|
|
January 09, 2013, 12:09:29 AM |
|
Daaawwww...look at the little bears try to dump. Ain't it just precious?! in before "those weren't dumps!"ftfy I'm not sure how that fixes anything? The joke is that there won't be any dumps outside of those puny little sells  EDIT: Was still puny! |
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
|
January 09, 2013, 12:21:40 AM |
|
The ask wall above 14 is crazy small right now. Most likely it wont get farther than that because people wont want to pay so much to get coins (imo)
|
Bro, do you even blockchain?
-E Voorhees
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
|
January 09, 2013, 12:41:43 AM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
Not sure which high you mean - the high in august was 15.5 |
Bro, do you even blockchain?
-E Voorhees
|
|
|
LTC555
Newbie
Offline
Activity: 42
Merit: 0
|
|
January 09, 2013, 12:44:40 AM |
|
did anyone else notice we just broke the 4 month high from mid-August (an eternity in bitcoin time)
Not sure which high you mean - the high in august was 15.5 Some people don't know that charts are their friends |
|
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
|
January 09, 2013, 02:33:48 AM |
|
The ask wall above 14 is crazy small right now. Most likely it wont get farther than that because people wont want to pay so much to get coins (imo)
Here's how pathetic it looks:  Of course, it could go totally bananas as well once we clear 14. In which case:  |
Bro, do you even blockchain?
-E Voorhees
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
January 09, 2013, 02:40:22 AM |
|
Bids increasing, asks shrinking away... I see a storm brewing. |
|
|
|
|
