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steamboat
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March 04, 2013, 06:53:41 PM |
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BTC to 50. The more I watch this the more difficult it is to not see triple digits by next year.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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sublime5447
Legendary
 Offline
Activity: 966
Merit: 1000
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March 04, 2013, 06:55:34 PM |
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"No, I am not kidding. I have yet to have a transaction take more than the time it takes for me to drive back home (usually less than 5 minutes). So your business model is to sell coins to those who are unwilling or unable to drive to any location that accepts moneygrams?"
You are an idiot, what fucking world are you living in? I would have never bought btc's if I had to go get a money gram, This world is instant!! I dont like to wait for popcorn! My business model is the only one that i have seen (well i have seen some emulators recently) that has the possibility of widespread adoption. This really is not the place for your gripe with me if you dont like me great. I dont like you either.
I tell my customers what i honestly believe not what you would like me to believe. I am done with you. You have been ignored.
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humanitee
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March 04, 2013, 06:58:44 PM |
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I don't know what's more sad, sublime just not understanding Bitcoin or the fact that he's apparently procreated.  Troll DNA can mix with human DNA? Say it isn't so! |
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Fast, Secure, and Fully
Decentralized Trading | BACKED BY:
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| Whitepaper
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ajk
Donator
Sr. Member
Offline
Activity: 447
Merit: 250
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March 04, 2013, 07:01:10 PM |
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I don't know what's more sad, sublime just not understanding Bitcoin or the fact that he's apparently procreated. Troll DNA can mix with human DNA? Say it isn't so! The guys is a COMPLETE joke, i think he is pissed that his LTC probably went down in value from .07 to .06 |
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sublime5447
Legendary
Offline
Activity: 966
Merit: 1000
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March 04, 2013, 07:04:42 PM |
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I don't know what's more sad, sublime just not understanding Bitcoin or the fact that he's apparently procreated. Troll DNA can mix with human DNA? Say it isn't so! The guys is a COMPLETE joke, i think he is pissed that his LTC probably went down in value from .07 to .06 Your an idiot too. LTC was .092 yesterday. I bought at .066. You have been ignored. |
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ajk
Donator
Sr. Member
Offline
Activity: 447
Merit: 250
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March 04, 2013, 07:06:49 PM |
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420
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March 04, 2013, 07:15:02 PM |
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ugh that creep pet at the end... |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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gimme_bottles
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March 04, 2013, 07:19:40 PM |
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I don't know what's more sad, sublime just not understanding Bitcoin or the fact that he's apparently procreated. Troll DNA can mix with human DNA? Say it isn't so! The guys is a COMPLETE joke, i think he is pissed that his LTC probably went down in value from .07 to .06 Your an idiot too. LTC was .092 yesterday. I bought at .066. You have been ignored. reading through your facebook page is just fu*king hilarious |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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March 04, 2013, 07:20:24 PM |
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 depth lol. |
Bro, do you even blockchain?
-E Voorhees
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adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 04, 2013, 07:27:28 PM |
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depth lol. omg lol! |
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420
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March 04, 2013, 07:40:29 PM |
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bitstamp running slow for ya'll too?
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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sublime5447
Legendary
Offline
Activity: 966
Merit: 1000
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March 04, 2013, 07:41:30 PM |
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"reading through your facebook page is just fu*king hilarious" People who might actually have coins are looking at my page.... finally I buy at spot price with PP!  |
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humanitee
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March 04, 2013, 07:46:00 PM |
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 The fiat just keeps pouring in... |
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Fast, Secure, and Fully
Decentralized Trading | BACKED BY:
─────────────────────────
| BINANCE
─────── LAB | & | █████████████████████████████████ █ ███
█▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █
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ajk
Donator
Sr. Member
Offline
Activity: 447
Merit: 250
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March 04, 2013, 07:49:01 PM |
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Tuesday rallies are turning to any random day of the week rallies
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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March 04, 2013, 07:53:18 PM |
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Tuesday rallies are turning to any random day of the week rallies
Or not, in which case fasten your seatbelts |
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ajk
Donator
Sr. Member
Offline
Activity: 447
Merit: 250
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March 04, 2013, 08:00:19 PM |
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Id be cool with stable
Im a big fan of stability after big buys like this, if another rally or big buy up happens i feel like we will see some selling pressure
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Comodore
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March 04, 2013, 08:22:27 PM |
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Id be cool with stable
Im a big fan of stability after big buys like this, if another rally or big buy up happens i feel like we will see some selling pressure
Shit. It is only monday today. Many people do not have their mtgox verified waiting with fiat and we have this low ask walls. 100 USD this week maybe. At least 40 for sure. |
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steamboat
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March 04, 2013, 08:43:07 PM |
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depth lol. This puts the brakes on the rally. The people acquiring bitcoins aren't only competing with each other, they are fighting slippage as well. After a buying frenzy we see a few days cooling off period to let the depth build back up until one of the buyers gets itchy again. They really love sell offs and the low walls built after a sell off. Can you expand on this please? I understand the concept of waiting until the asks build up again to support higher volume, but I don't know if I agree that low ask volume translates into slowed rally. The ask has been thin the majority of this year. I posted a few days ago at around 30 ish that there was only 52k to $133713371337, and we have 10k more than that on the books right now. A low ask would also seem to say to me the supply is drying up, and if I wanted to get in on the action I would need to start making moves now before the price increased any further. |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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March 04, 2013, 08:45:39 PM |
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Meanwhile over on BitFloor, I just sold BTC0.78515 at $49.95/ BTC. /world record  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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thoughtfan
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March 04, 2013, 09:04:27 PM |
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...A low ask would also seem to say to me the supply is drying up,...
For Bitcoin this is a relative term. Were it only an investment/speculative tool then it is not unrealistic (even if only temporarily) that we should get to a stage where the confidence in an increasing price means nobody is selling. However, fortunately for us Bitcoin is also a means of transferring money across borders and of trading for goods and services and whilst a significant amount of the goods being traded or need to be bought in fiat traders will need to be selling Bitcoin to restock fiat - likewise for Bitcoin recipients of international transfer if most of what they need their money will be paid for in fiat. So even if 99.999% of Bitcoin were in the hands of long-term speculaters/savers the .001% of Bitcoin remaining on the currency trading market would be enough for anybody who wants to to get in and would be enough for them, due to its divisibility, to use it for their desired purpose - even if it is saving/investing  |
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