adamstgBit (OP)
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Trusted Bitcoiner
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February 19, 2013, 08:04:12 PM |
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humanitee
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February 19, 2013, 08:05:04 PM |
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Ohmylanta
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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lebing
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Enabling the maximal migration
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February 19, 2013, 08:06:53 PM |
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Ohmylanta
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Bro, do you even blockchain? -E Voorhees
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molecular
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February 19, 2013, 08:31:04 PM |
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It makes it easier for those on mobile devices if you add width=(something reasonable) after the IMG tag. Yes please! However it would be much better if it was linked to a larger version.
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular
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February 19, 2013, 08:43:18 PM |
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Bubbles don't come out of no where... the news is what is feeding the bubble none of this is new, from the start you could buy hosting, gamble and buy drugs bitcoin has once again moved to far to fast because of the "game changing good news!!!" the really good news is that you can now sell your coins above 25$ again...
I disagree. I said last November: my intuition says: we're sitting on a rocket about to be ignited my rational mind tries to find explanations for the intuition: - ...
- Bitcoin fundamentally rocksolid and more and more people "get it"
- All this taken together might push bitcoin beyond the next "critical mass" checkpoint of adoption / public awareness within the next 1-3 months.
- ...
- rocket ignition
don't jump off It came true. Now, we can argue wether we have indeed tapped a whole new larger userbase (I argue this and publicly available data seems to support it) or wether this is just driven by news (you seem to argue this). If it's indeed the former, there is no reason whatsoever to believe we're in a bubble, right? don't jump off
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Liquid
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February 19, 2013, 08:44:45 PM |
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[quote author=Liquid link=topic=85687.msg1539366#msg1539366 date=1361278151] [URL=http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img9.imageshack.us/i/22952694.png/][IMG]http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img9.imageshack.us/img9/9505/22952694.png[/img][/URL] [URL=http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img854.imageshack.us/i/39840220.png/][IMG]http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img854.imageshack.us/img854/3145/39840220.png[/img][/URL] [URL=http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img836.imageshack.us/i/47880339.png/][IMG]http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img836.imageshack.us/img836/3859/47880339.png[/img][/URL] [URL=http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img607.imageshack.us/i/74242968.png/][IMG]http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img607.imageshack.us/img607/4058/74242968.png[/img][/URL] [/quote]
liquid. Is that anonymouse.org-proxying intentional? You might be generating quite a bit of traffic for them. im just using the imageshack uploader
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Bitcoin will show the world what hard money really is.
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molecular
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February 19, 2013, 08:46:41 PM |
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oh yeah, and despite me being a permabull: but just a little (I sold)
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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myself
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chaos is fun...…damental :)
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February 19, 2013, 08:48:46 PM |
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oh yeah, and despite me being a permabull: but just a little (I sold) +1
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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.
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ArticMine
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Monero Core Team
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February 19, 2013, 08:49:38 PM |
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If you sold some coins just prior to the biggest jump in months, raise your hands I did. 56.82162555 to be exact to purchase an Avalon ASIC miner. I expect the device to produce a profit in BTC terms even if the BTC / USD exchange rate rises significantly. So not everyone who sold yesterday is a bear.
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420
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February 19, 2013, 08:55:05 PM |
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Are we still less than $1 MIL away from $thirty-fucking-five ?
and if avalon takes some btc orders; sells a chunk of btc after the spike to $35 or so; if it causes a panic SELL; even that would be good for them because then people would be buying in btc's that are cheaper (have to send more btc; btc is the only currency available to buy the avalon ASIC's) then they sit on more btc that will increase in value if they hold
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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Liquid
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February 19, 2013, 09:00:05 PM |
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Bitcoin will show the world what hard money really is.
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smoothie
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Activity: 2492
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LEALANA Bitcoin Grim Reaper
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February 19, 2013, 09:02:49 PM |
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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ArticMine
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Monero Core Team
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February 19, 2013, 09:13:32 PM |
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I do not deny there is a risk. A significant rise in difficulty combined with an increase in price. The latter is significant mostly because it can lead to adverse income tax consequences since holding Bitcoin does not create a tax liability while mining Bitcoin does. My analysis is that in my case the opportunity for profit in BTC terms exceeds the risk of loss. I may be wrong of course only the market will be able to tell.
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420
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February 19, 2013, 09:18:34 PM |
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smoothie you make me wet in the pants that I didn't buy into the ASIC pre-orders
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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sunnankar
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February 19, 2013, 09:21:51 PM |
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A significant rise in difficulty combined with an increase in price. The latter is significant mostly because it can lead to adverse income tax consequences since holding Bitcoin does not create a tax liability asset while mining Bitcoin does.
You had that sentence backwards so I corrected it for you. Perhaps you should read A Lawyer's Take On Bitcoin And Taxes. With a rise in price there is an unrecognized capital gain which results in no current tax liability until a recognition event. With mining there is no ordinary income until a recognition event (sale, transfer, barter, etc.) of the bitcoins just like there is no ordinary income with fruit trees, etc. until a recognition event. However, there is a deduction for ordinary and necessary business expenses such as depreciation of mining equipment, power costs, etc. Depending on the nature of your business this deduction could be used to offset other recognized taxable income and reduce current tax liability. Therefore, mining bitcoins creates a tax asset not a tax liability.
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smoothie
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LEALANA Bitcoin Grim Reaper
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February 19, 2013, 09:36:56 PM |
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smoothie you make me wet in the pants that I didn't buy into the ASIC pre-orders Haha well that is basically what BFL did and is still doing. BFL is a failure like none other. They claimed to have venture capital for their R&D yet...if that was TRUE they should have just did the R&D quietly until they had the product then sell it. No need for customer pre-order money. The way I see it is that BFL conned people into giving up their bitcoins/capital as more like a loan with 0% interest and in fact negative interest in terms of bitcoin and those suckers who did buy into it....will only get a piece of hardware that can mine (in a best case scanerio) 25% of the bitcoins it could have had it been released in the summer. 25% is a best case scenario. BFL seriously fucked a ton of suckers up the ass with their PRE-ORDER bullshit.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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ArticMine
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February 19, 2013, 09:45:07 PM |
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A significant rise in difficulty combined with an increase in price. The latter is significant mostly because it can lead to adverse income tax consequences since holding Bitcoin does not create a tax liability asset while mining Bitcoin does.
You had that sentence backwards so I corrected it for you. Perhaps you should read A Lawyer's Take On Bitcoin And Taxes. With a rise in price there is an unrecognized capital gain which results in no current tax liability until a recognition event. With mining there is no ordinary income until a recognition event (sale, transfer, barter, etc.) of the bitcoins just like there is no ordinary income with fruit trees, etc. until a recognition event. However, there is a deduction for ordinary and necessary business expenses such as depreciation of mining equipment, power costs, etc. Depending on the nature of your business this deduction could be used to offset other recognized taxable income and reduce current tax liability. Therefore, mining bitcoins creates a tax asset not a tax liability. I disagree. First of all A Lawyer's Take On Bitcoin And Taxes applies to the United States not Canada. Secondly the case that Bitcoin mining income only triggers a tax event when the Bitcoins are sold is a very aggressive tax position that is begging for an audit. Consider this example. One purchases computer equipment and then one uses it to secure the payment network of a bank. The bank pays for this service in gold. Can one defer the income until the gold is sold. I do not think so. In any case this belongs in legal not speculation so maybe we can take this discussion on the tax consequences faced by bitbulls in various countries, there and leave this bitbear's thread alone.
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giszmo
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WalletScrutiny.com
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February 19, 2013, 10:23:38 PM |
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how about other languages?
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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humanitee
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February 19, 2013, 10:33:47 PM |
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Do the bots buy/sell in larger quantities (> 50)? It's pretty hard to tell if the bots are strictly penny oriented because after sells or buys there is an immediate 10+ transactions of bot noise.
I don't know if anyone actually knows the answer, but it's worth a shot.
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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notme
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February 19, 2013, 10:35:23 PM |
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Do the bots buy/sell in larger quantities (> 50)? It's pretty hard to tell if the bots are strictly penny oriented because after sells or buys there is an immediate 10+ transactions of bot noise.
I don't know if anyone actually knows the answer, but it's worth a shot.
Much of the trading is bots. However, not all bots are trading to trade. Many are used to do buys and sells for merchants and services that handle conversion.
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