All posts made by bambou in Bitcointalk.org's Wall Observer thread



1. Post 4376242 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: simonk83 on January 07, 2014, 11:22:47 PM
797 on coinbase

at 750, Coinbull is deemed a god and owns us all
+1

When i saw his post betting new low @ 750, i panic sell at 900 bought at 920 then sell again at 940 and waiting for his prediction before buying back again. Will be sending small tip to add on your winnings IF your prediction will come true.  Grin

Seriously?  Christ.  Huh Roll Eyes

did he even went through with his bet and escrowed his BTCs?  Shocked



2. Post 4376632 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: seleme on January 07, 2014, 11:56:22 PM
People hodling all their money in btc are just like you and your 2-outer. Most people deny the risk or are unaware of it. It may be small, but it is there.

Obviously, but i knew the risks before i even decided to invest anything in it. Also people have different entry points. Personally most of my investments were when ltc was 2-4$, so i am able to sit pretty tight.

My mentality before investing in crypto was basically "I will forgive myself if it will collapse to 0, but i wont forgive myself if it skyrockets and i wont have any"
I used to think like that just a few months ago, but now as my wealth increases drastically on orders of magnitude, my perspective is changing, which is weakening my trading strategy. It used to be I had some chump change that I was reinvesting in hopes of making some serious money. At this point, I have the serious money, which I could use to live comfortably for many years. Now the decision is whether to reinvest the serious money in hopes of becoming rich and then it'll be reinvesting that money to become filthy rich, etc. However, bring filthy rich and owning a yacht, lambo, castle etc. Isn't very high in my list of core values. Its more important for me to have the money to live comfortably than to possibly be filthy rich. I would be very upset if I had all this money to live comfortably for many years and then I lost it all. So I am thinking of maybe withdrawing a half or a third of it so I can end this fear and start living life again without all this stress.

Yep, smart thinking really, I'm in c same boat, I could live 10 years, 5 very comfortable with what I made with Bitcoin and I could be set up for life if it would go to 3-4k.

But I would feel as shit if I'd lose what I own at this moment. So I am definitely actively searching for things to reinvest some of the money I made with Bitcoin. I have some local telecom company stock with around 8% of annual dividends in last few years in my sight or if I find some real estate in city center that I could buy.

I won't hurry though yet but if a good real estate opportunity comes I'm ready to send nice % of my Bitcoin money to it. But it has to be a really good location.

uhhh cant wait to face such dilemma Cheesy



3. Post 4377057 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Blitz­ on January 08, 2014, 12:24:53 AM
"In related news, the millions of dollars in bitcoin seized by the FBI from Ross Ulbricht and the first Silk Road, currently stored in a set of online wallets, appears to be on the move. A source in the U.S. Justice Department said that “authorities” have access to the Ulbricht’s bitcoin cache and may be selling it off for less volatile currencies in the next few weeks."

"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"

http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/

imho i don't believe US government would let go that easy.. good old poker face?



4. Post 4378009 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Blitz­ on January 08, 2014, 01:11:21 AM
Is it not ironic that our ideological anarchocapitalist hero succumbed his property to the state in exchange for his life, probably soon slaughtering many permapigs high on bitcrack with his actions?

Bow down to The Man! All your Bitcoins are belong to USA!

FTFY Cheesy



5. Post 4385303 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

this: http://www.infowars.com/italian-riot-police-remove-helmets-join-anti-eu-protesters/

got that feeling that this year is going to be awsome Cheesy

fkn euro.. free bitcoin! Grin



6. Post 4385464 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: herzmeister on January 08, 2014, 11:06:19 AM
this: http://www.infowars.com/italian-riot-police-remove-helmets-join-anti-eu-protesters/

got that feeling that this year is going to be awsome Cheesy

fkn euro.. free bitcoin! Grin

that's why they're developing robots...

Quote from: F-bernanke on January 08, 2014, 11:08:25 AM

Goose bumps, awesome.

This is why the EU is forming a EU-anti-riot police/army, which they can send to any country that needs riots to be suppressed.

Fight the evil EUSSR!!!!!

EU-anti-riot robot army?!  Shocked




7. Post 4391992 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: mb300sd on January 08, 2014, 05:38:55 PM
http://www.coindesk.com/coinsetter-integrates-with-bitstamp/

So after bitfinex also coinsetter... Stamp really knows how to do a business  Grin

I'm still waiting for a coinsetter beta code. Guess they really don't want my nearly 10k btc.

I can trade you my code for some BTCs if you have too many... Grin



8. Post 4393291 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Troll Toll on January 08, 2014, 07:03:05 PM
He knows he lost the bet, stop spamming this thread with "plz pay me".

Either he is going to send you the coin or not. spamming this thread won't change it either way.

must confess they sound a bit desperate though.. Grin



9. Post 4414348 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Blitz­ on January 09, 2014, 07:20:29 PM
Choo choo, all the overstock coins will soon hit the market. Cheesy

An overstock of coins. Cheesy Cheesy Cheesy

you really think they will directly sell 100% of the coins they get?!
imho they decided to jump in the bitcoin train not only to expand their marketshare, but also to make even more profit hodling some of it.. I mean, isnt that all about profit after all? Wink



10. Post 4414552 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: Blitz­ on January 09, 2014, 07:32:35 PM
Choo choo, all the overstock coins will soon hit the market. Cheesy

An overstock of coins. Cheesy Cheesy Cheesy

you really think they will directly sell 100% of the coins they get?!
imho they decided to jump in the bitcoin train not only to expand their marketshare, but also to make even more profit hodling some of it.. I mean, isnt that all about profit after all? Wink
I'm not sure you understand how this works: They do not accept Bitcoins directly. They use a payment processor called Bitpay that guarantees them USD, and Bitpay of course sells them on the open market.

edit: Coinbase then, but same principle applies.

ahh ok. but still, wouldnt coinbase or bitpay 'play' a little with the bitcoins they get instead of dumping it all on the market? :/



11. Post 4415022 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: granathus on January 09, 2014, 07:50:32 PM
Edit. So absolutely no gambling/playing ofcourse.

"Much as a bank like Goldman Sachs runs software to track price fluctuations as it juggles billions of dollars, Coinbase uses its hedging software to track all of the bitcoins it manages, deciding when to buy and sell bitcoins and adjust its exchange rate in an effort to minimize risk.

Goldman, where Coinbase’s Ehrsam previously worked, uses its software in an effort to make highly profitable trades, and Coinbase merely uses its system to protect its own position. But the inner-workings of the software are similar. “It’s algorithmic trading,” says Coinbase CEO Brian Armstrong. “It hedges that exchange rate risk in the background, every day.”

http://www.wired.com/business/2014/01/overstock-bitcoin-live/

Thanks for the more eloquent and precise explanation  Smiley

i dont know if i would buy this... after all, they are ex-Goldman.. :/

edit: and they surely waged the risk/PROFIT



12. Post 4415220 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: byronbb on January 09, 2014, 08:08:45 PM
Since bitcoin price is largely speculative might we have reached the upper limit of pricing until real usage confirms said speculation? Wall street interest was forseen and now we have to go sideways or down for confirmation of actual utility.

yes i think you are completely right. But i would not underestimate the power of speculation.  Cheesy



13. Post 4417549 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.53h):

Quote from: gotmilk_ on January 09, 2014, 10:18:26 PM
Quote
im just going to go to the store and order anything i think i would ever use... my wife will help so im sure it will get up there in $$$ terms

And tomorow Overstock will annaunce big sell increase because of the BTC Cheesy

I am sure they are already making miiiilionnnnnsssss Cheesy



14. Post 4419950 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.54h):

Quote from: Feri22 on January 10, 2014, 12:48:52 AM
PS: How can I help to create some global financial problems?   Huh

Keep voting for politicians who promise solutions  Cheesy


We don't have such politicians in my country    Wink  and now what? Undecided

if only I would have been a norwegian.. Shocked

http://www.abc.net.au/news/2014-01-09/all-norwegians-become-millionaire-shareholders-in-world27s-big/5191480

but hey.. i am a bitcoiner Grin



15. Post 4433588 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.54h):

Quote from: spooderman on January 10, 2014, 06:08:08 PM
c'mon bitcoin. do somthn

ahah despare here we come Grin



16. Post 4436258 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.54h):

Quote from: F-bernanke on January 10, 2014, 08:48:32 PM
At what point will the frequency of the word "hodl" be greater than the frequency of "hold" on the forum?   Cheesy

The hodlers are planning a 51% attack!

I most certainly think that a lot more than 51% of all bitcoin are actually being hodled Grin



17. Post 4451116 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.54h):

Quote from: Eusebio on January 11, 2014, 05:19:13 PM
My sources from the future say we will break resistence soon and leave all the bears behind after they start panic buying.

and who will buy it above 1K?  one or two kids with daddys money?Smiley

Same people who bought it above 1K last time, and above 1.1 and 1.2k

do you believe that same people will repeat the same mistake from which they have burned just a two month ago?Smiley

hell no they are going to sell back so that they can buy MUUUUCHHH cheaper later on Cheesy



18. Post 4483117 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Richard Branson on January 13, 2014, 10:43:15 AM
Something's changed, this bearish trend makes no sense and the FUD machine's going in new directions. If its being manipulated we're due some panic-stimulating rolling dumps but this looks more like preparation for damage control, anything happening that could cause panic in the fiat world?

The price is still too high.
With huobi closing @ january 31 the price will drop.

550-650$ is the target, that's approx 50% of the ATH.  It could even go as low before the chinese bubble, but that's highly unlikely.

Not sure huobi is about to close.
Again, here is some perspective about that whole china situation (for those who missed it):
https://bitcointalk.org/index.php?topic=397614.0
https://bitcointalk.org/index.php?topic=406637.msg4407494
https://bitcointalk.org/index.php?topic=406635.msg4407488

How about Virgin fully embrace Bitcoin to start some nice rally sir?! Grin



19. Post 4483417 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Jren on January 13, 2014, 11:25:22 AM
Oxygen thief, good riddance. What an idiot the mother is, I don't understand it; therefore ban it and blame it for taking my child away from me. It obviously has nothing to do with being an average parent

Obviously it was not bitcoins fault - its the fault of Rock'n'Roll!

100% of drug victims drink water. I think we should ban water.

even worse: water is what allow drug plants to grow in the first place.. should definitively do something about such vicious enemy.



20. Post 4483654 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

btw so cool that Sir Branson is among us Cheesy

edit: lets do a bitcoin sponsored hot-air balloon trip!



21. Post 4485352 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: spooderman on January 13, 2014, 01:50:58 PM
Aww I missed the big 4k pages:(

So what's going on here? Someone gonna make a huge buy or what?

R. Brandson about to set us all up to the moon Grin



22. Post 4485458 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Ducky1 on January 13, 2014, 01:54:55 PM
Aww I missed the big 4k pages:(

So what's going on here? Someone gonna make a huge buy or what?

Hard to say right now, but I find it rather suspicious that the price is dumped so much after so much good news.


it is not about the news, its more about the utility.



23. Post 4486324 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

hehehehe Grin

http://bullmarketthinking.com/peter-grandich-its-time-to-put-the-growling-bear-suit-back-on-again/


@sitarow could you explain me how do you come up with such nice screenshot?



24. Post 4486501 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Anima on January 13, 2014, 03:00:30 PM
@sitarow could you explain me how do you come up with such nice screenshot?


Use the button "print scrn" close to the F12 key on your keyboard and paste into paint. Then save. Finally, upload to BTT.

 Grin Grin

Cheesy cool thx but i was talking about how to aggregate all this data and display it as in that screenshot



25. Post 4487417 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Sitarow on January 13, 2014, 03:34:46 PM
@sitarow could you explain me how do you come up with such nice screenshot?


Use the button "print scrn" close to the F12 key on your keyboard and paste into paint. Then save. Finally, upload to BTT.

 Grin Grin

Cheesy cool thx but i was talking about how to aggregate all this data and display it as in that screenshot
BTC charts.

You can import the layout 890 if you wish.

hum and what does 'import the layout 890' means? sry i am a bit new with this Grin



26. Post 4496619 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: mb300sd on January 13, 2014, 10:49:08 PM
We're going to $1000 tonight..

How I know: I sold some. It always goes up after I sell.

haha exactly. same analysis here.  Grin



27. Post 4506383 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

the whole point of being a bear: stealing 'dump-sters'..  Grin




28. Post 4507420 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):



600-700$ could definitely happen again before some new ATH. and if it happens, it could also lead to some more drastic plummet because of panic selling madness



29. Post 4507567 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Richy_T on January 14, 2014, 03:28:41 PM
I swear I just saw ChartBuddy post two times in a row.

This thread is slower than the choo choo you guys speak of lol.

Lets pick it up guys, I'm bored.

Sometime I think I will chart thread activity vs Bitcoin price or maybe volume. See which leads which.

now thats interesting! I asked if it has been done by the past but no one knew.  Undecided



Quote from: Davyd05 on January 14, 2014, 03:33:38 PM


600-700$ could definitely happen again before some new ATH. and if it happens, it could also lead to some more drastic plummet because of panic selling madness

could happen, but I think we'd likely see support sooner from people looking to buy back in.

i dont think people will rush into buying back in before the end of january (considering China situation, US debate, etc..). wait and see.



30. Post 4509219 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: The Bitcoin Foundation on January 14, 2014, 04:29:41 PM


$550 (stamp) is lowest I believe well see while we trade in this triangle for next 2 months

I also believe $950 is max price as well, so $550 - $950 and closing in until break out to upside (of course)

Fib retrace from this run up puts us back to $713 (if you play the 61.8% retrace (I do)

All and all, I think its going to be a boring month for Bitcoin (unless you like to short)





thank you, you perfectly summed up what is my opinion about all this. imho this is the more likely, reasonable and objective scenario/analysis i've seen so far. Cheesy



31. Post 4509644 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: mb300sd on January 14, 2014, 05:40:05 PM
i panic sold once and i felt so dumb that i've adopted the strict HODL policy and it's been working out for me so far

you guys should try it out too

I've moved to a pure SODL strategy, since we're clearly heading to zero.

Why are you still here when you think we are going to zero?

Just as the Chinese government has recently warned citizens of the dangers of bitcoin, I am warning citizens of bitcointalk of the dangers of bitcoins, to help as many people as possible.  Only Satoshi and maybe 2 or 3 other people will make any money from bitcoin.  Everyone else will lose money, and probably destroy their life, as the Chinese government has explained.

i talked to my landlord about it. she invested in btc in june 2013. beginning of december 2013 she cashed out with some 100 k € profit. 

I hope your paying rent in BTC!

i hope she did not charged him for at least a couple of months !



32. Post 4510148 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: The Bitcoin Foundation on January 14, 2014, 05:52:46 PM

https://www.tradingview.com/e/M1ZPd859/

Here is also a good log chart I use with channels already plotted.

You can zoom in and out as well.

Notice the pink upward channel, 95% of the trading (not accurate but just a guess) will occur at or below the upper level of the pink channel

Personally I would only buy below the pink channel and I would sell when above it, and swing trade everything inbetween

THIS.

everything else is fud.



33. Post 4512523 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Odalv on January 14, 2014, 08:14:10 PM
Etoro is out of Beta and orders are executed 4 times a day now instead of once in beta.

They only trade paper bitcoins, correct?

Yes, it is CFD. It is only betting on price. No real bitcoin is bought/sold.

...gamblers Grin



34. Post 4512889 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: segeln on January 14, 2014, 08:22:38 PM
or this

...


It is quite the same than this one

...

and read here what they think when i explained the Chart

https://bitcointalk.org/index.php?topic=274613.1280

hum if i get it you argue that it could drop to 90 and that we are in a long term bull market... dont see the point.

edit: this one is much more precise : https://www.tradingview.com/e/M1ZPd859/
it gives you a clear 'chanel' (the pink one) to consider when trading



35. Post 4523812 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

vive la france! Grin



36. Post 4525094 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: pietje on January 15, 2014, 11:51:53 AM
"... a european bitcoin foundation is in the making.."

This taken from the french thing going on now? I'm at work, so can't exactly watch it. Glued to this thread for my updates.

Yes.

They really try to understand all the aspects of bitcoin (and other cryptos).
Like the U.S Americans they like to embrace this new opportunity (to attract businesses etc).
Very positive and interesting. I hope i can get a transcript of this hearing (anyone got links?)

Very interesting development.
I'd like to see some more information about this too Smiley

i am french, and i was very pleased about that hearing. it seems the politics have finally understood that it is a technology and not just a new 'money' for buying illegal s**t. they grasp the idea that it could give an advantage to the early adopters/regulators. However, i would not hope for more movement for the next couple of years as the government priority is to regulate crowdfunding plateforms for now (yeah that quite late considering US and UK.. and i think that it will be the same for Bitcoin). so no stress, no hurry, no banning on the horizon.. it just gives me a nice step ahead Smiley



37. Post 4526290 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: Mad Scientist on January 15, 2014, 02:15:24 PM
"Batshit Crazy Right Winger"? Nice try, I voted for Bill Clinton then George Bush, then I woke up. American Politics is a scam just like Global Warming.

THAT'S just one of the many reasons why I'm in BitCoin.

I have thick skin so I can take the criticism but there will be new BitCoin fans every day from here on out. It would be good for BitCoin all of us if you would just welcome them rather than criticize them for daring to have a SLIGHTLY different viewpoint from you.

We may have taken different paths, but were all here at the same location and want the same things: Freedom from Banker and Political Oppression.

apparently even HIV/AIDS is a scam  Shocked

edit: http://www.youtube.com/watch?v=wBmwiV6prE4
       http://www.youtube.com/watch?v=euXpgfMeP-U



38. Post 4526745 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: knarzo on January 15, 2014, 02:33:14 PM
apparently even HIV/AIDS is a scam  Shocked
Grasping at straws eh? Nope, your AIDS is real. You WILL die.

Only to wake up and realize your live on earth was all a dream.

Trolls don't care. They live in holes and aren't affected by aids and global warming Smiley

lol i wasnt trolling (or maybe a little Grin) but seriously, i know that people actually die because of it but when looking deeper it seems it is a little bit more complicated than it looks and thats all im saying. no need to wish death upon me i am a nice enthusiastic and CURIOUS person Smiley

now back to bitcoinnnn



39. Post 4527008 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: knarzo on January 15, 2014, 02:50:16 PM
Even if global warming is not mankind related, that doesn't change the fact that it is happening.

However; I do believe that mankind has a big influence on the current global warming.
So a good start is changing mankinds behavior and lower carbon emission.

Furthermore; we can still try to develop the technology to counter the effect of global warming, even when it is not mankind related.


Sticking your head in the sand, will not make the problem go away!

+1

heard of solar cycles? *if* thats the real deal, i doubt there is anything we can do. imo fukushima's radioactivity disaster is far more critical yet nothing has been successfully done to make it better. hell we dont even talk about it in the mainstream media anymore. WTF  Undecided

i am telling you, dont listen to those sold scientists who only focus on subjects that pays alot (and are advertised by the media a lot more - obviously because of the money they generate) but arent as critical as many other.



40. Post 4527265 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: hmmmstrange on January 15, 2014, 03:17:36 PM

@Mad Scientist: Sorry for calling you "bat shit crazy". I don't know you, so I'm probably wrong. But climate science simply isn't a scam. It's a properly executed research topic. There are still open questions, true, but the basic results are almost universally accepted by the scientists inside the field, and fields close to it: (1) global warming is taking place, (2) a significant cause for (1) is man made. Like I said, details are open for debate and not agreed upon in the field, and most importantly, it is not clear what are the *consequences* to be drawn from the findings, but the whole "global warming is a scam" idea is deeply offending to anyone who ever set a foot into a university and/or worked in research himself

I remember as a kid in 1980 or thereabouts, it was all about global cooling. The "scientists" were minutes away from covering the artic caps with soot to absorb more radiation to prevent the ice age we are having now.

lol Cheesy



41. Post 4527598 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: aminorex on January 15, 2014, 03:38:55 PM
i am french.... it seems the politics have finally understood that ... it could give an advantage to the early ...regulators.

Yup, you're french alright.

?! this means that the first countries which will provide a clear and fair frame for it instead of banning it are likely to boost their economies. thats all.




42. Post 4527930 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.55h):

Quote from: aminorex on January 15, 2014, 03:53:08 PM
i am french.... it seems the politics have finally understood that ... it could give an advantage to the early ...regulators.

Yup, you're french alright.

?! this means that the first countries which will provide a clear and fair frame for it instead of banning it are likely to boost their economies. thats all.

Being French, red tape comes naturally to you, and you may not perceive immediately what a red cape you have waved.

I consider myself rationally goal-directed; I perceive regulation as damage, and route around it.  Damage is unavoidable, but highly undesirable.  If damaged severely enough I will die.  


yes i get that red tape damage. but i dont think we could escape it, even with bitcoin. and it is also arguable that 'mass' adoption (ie Bitcoin's worldwide success) will follow some regulation frame as people will feel more secured about it (which is also debatable). i guess you just have to make some sacrifice sometimes Smiley



43. Post 4549098 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: flm on January 16, 2014, 05:31:22 PM

As we've recently seen from good sources, Wall Street isn't coming to bitcoin and is moving on to interest in 3D printing and self-driving cars, as those technologies clearly hold more promise than bitcoin.  Once everyone internalizes that fact, the price will enter free fall.  Shotring now will command fantastic returns, especially at very high margin levels.
Serious question... Are you looking for cheap coins? Or do you just think there is no future in Bitcoin?


Im thinking you are looking to pick up cheap coins to make a quick return from all the bad news posts you keep typing up? Smiley

dont take it too seriously as i believe he is just some bored early adopter (no offense, i totally get it and would probably act the same) who went on to the same boring discussion every time BTC price x10 and new comers flood the forum with more anxiety and questions. nothing will happen, the price shall certainly move up again, but not for now as we entered some consolidation of the previous rise and it could take some time, which is totally normal. just stop seeing signs, sit tight and enjoy the ride. Smiley



44. Post 4550443 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: alexeft on January 16, 2014, 07:04:05 PM
WTF is going on? Such low volume on gox?
 Huh
Low volume everywhere

Why?

Waiting for china?

hodlers



45. Post 4565851 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):



      .                 low 800 vs up 800



46. Post 4566446 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: MAbtc on January 17, 2014, 04:40:06 PM
This looks about right. Huobi closed > 12 hours underneath short-term and mid-term trends. This still active (Stamp):


so hum, what "should" happen when reaching the end of the triangle?



47. Post 4566565 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: pietje on January 17, 2014, 04:50:40 PM
This looks about right. Huobi closed > 12 hours underneath short-term and mid-term trends. This still active (Stamp):


so hum, what "should" happen when reaching the end of the triangle?

FBI hits sell market order. BTC byebye

Like they would sell on a exchange..

yeahh nahhh i think this fbi dump have been argued enough (and considering its not even relevant). what i am interested in is to interpretate this figure: is it the end of a trend? is what will happen after a complete mystery? 50/50 rally or crash? support test complete?



Quote from: Davyd05 on January 17, 2014, 04:47:28 PM
Anyone else watching Obama? Anyone else want to pull out their own eyeballs?

thanks to you now I am too.

What's about?

NSA...how the program is going to be re structured and launched

you wish




48. Post 4566881 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

seems we are not going back over 800 pretty much soon.



49. Post 4567222 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: BitChick on January 17, 2014, 05:37:36 PM
seems we are not going back over 800 pretty much soon.
I agree. Everyone talks about "China uncertainity". I expect we will go down to $700, and maybe $600 at the end of month, then any message from China can trigger panic selling, so around the end of month some "mini crash" is well possible. Then we will recover, regardless of what exactly the Chinese government will decide. If they will go Russian way, recovery may be longer, but I doubt it. While Russian govt are just control freaks, Chinese establishment will try to see some opportunity for them.

I don't agree.  I think that everyone panicked with the news of the FBI selling off the Silk Road coins. And the "panic" sell off was not even that impressive, really.  Today people will realize that the price is not dropping that much and then buy back in.  Thanks to all the press surrounding this Bitcoin got some "free" advertising.  More people will decide to invest and so it will go up.  Plus each day more and more businesses are signing up.  Yesterday it was an NBA sports team.  Today?  Who knows.  But it is looking good to me.  I predict $1000 by next week.
wanna bet? Grin

edit: to me, it is just the confirmation of a downtrend. the market is overvaluating bitcoin whislt anticipating every single good news and it knows it, hence the correction drop to sub800.



50. Post 4567400 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: BitChick on January 17, 2014, 05:42:07 PM
seems we are not going back over 800 pretty much soon.
I agree. Everyone talks about "China uncertainity". I expect we will go down to $700, and maybe $600 at the end of month, then any message from China can trigger panic selling, so around the end of month some "mini crash" is well possible. Then we will recover, regardless of what exactly the Chinese government will decide. If they will go Russian way, recovery may be longer, but I doubt it. While Russian govt are just control freaks, Chinese establishment will try to see some opportunity for them.

I don't agree.  I think that everyone panicked with the news of the FBI selling off the Silk Road coins. And the "panic" sell off was not even that impressive, really.  Today people will realize that the price is not dropping that much and then buy back in.  Thanks to all the press surrounding this Bitcoin got some "free" advertising.  More people will decide to invest and so it will go up.  Plus each day more and more businesses are signing up.  Yesterday it was an NBA sports team.  Today?  Who knows.  But it is looking good to me.  I predict $1000 by next week.
wanna bet? Grin

Nope.  With Bitcoin it is wise not too. Wink  It could go either way for sure!

haha yeah thats quite true Cheesy



51. Post 4569226 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

stamp is surely awake. dumpsters on the move.

edit: arg bought back at 780 thinking it was cheap enough. might be wrong.  what do i do? what do i do? waht do i dooo?!! Undecided



52. Post 4569682 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.56h):

Quote from: Blitz­ on January 17, 2014, 07:46:59 PM
First China, then India, and now Russia. Before long, half of humanity will be excluded from Bitcoin.

I'm afraid many of us might be imprisoned for Bitcoin. Be safe.

i am starting an association.



feel free to support us (me): 13yKnhCJosBNpsdSiZta6daL1jvF7p2NZU

Grin Grin Grin



53. Post 4627410 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

we need more charts





54. Post 4627735 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):






55. Post 4629009 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

Dear Google... consider yourself warned. Grin

http://www.coindesk.com/could-bitcoin-surpass-google-market-cap/



56. Post 4630790 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

lol bulls are back in here!! great time to shotr i'd say Cheesy



57. Post 4661652 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

boooring  Undecided

need some action!!


http://www.tuxboard.com/photos/2014/01/navette-depart.gif



58. Post 4666789 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

Quote from: dgarcia on January 22, 2014, 03:59:21 PM
please go down PLEASE! i'm begging at this point....

I guess it will not go down so much. I suppose Huobi will stop dropping between 4850 - 4750.

all we need is some whales to wake up. Cheesy



59. Post 4669136 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

Quote from: MatTheCat on January 22, 2014, 06:07:07 PM
Charts are looking bearish as hell.

Bots are clearly manipulating hold up in price, forcing bid pressure to build up, and then wham bham thank you Tam, a great big dirty fkn 800 BTC sell order gets instantaneously triggered into Bid wall between $814-$810 (someone done well to shift 800 BTC within those narrow ranges), the next 0.01 btc worth of trade takes the spot down to $800.

We then have a 'bounce to $818 on very thin volume, but all the time the ask wall is piling up, getting steeper and steeper chasing the spot price.

And on this thread, at this seriously negative point in the chart development, we have two dozen posts (and counting) of CCMF jpegs, trains on fire, moons, with the odd graph with some arbitary and totally inane lines drawn on it.

I can only come to one conclusion.

u people are fkn clowns!

 Cheesy

lol.



Personally I start shotr a bit when bulls post all these pics in this thread and I start buying back whenever bears take over and post scary s**t...
works just fine so far Grin



60. Post 4669303 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.57h):

@Bull1692 thank you sir! just switched it as my new wallpaper Smiley



61. Post 4674465 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: fonzie on January 22, 2014, 10:52:56 PM
Breaking news.  Cheesy







buybuybuy


thx i loled big time Cheesy sell sell sell!



62. Post 4674550 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: adamstgBit on January 22, 2014, 11:00:15 PM
Breaking news.  Cheesy







buybuybuy


thx i loled big time Cheesy sell sell sell!

this doesn't work bitcoin is not in a bubble



i dont like this word 'bubble' it could mean anything yet nothing... internet also was considered a bubble and it crashed.. but look at where it is now! Grin



63. Post 4674720 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: FTWbitcoinFTW on January 22, 2014, 11:07:41 PM
Quote
i dont like this word 'bubble' it could mean anything yet nothing... internet also was considered a bubble and it crashed.. but look at where it is now! Grin

Wow such crash...



yes indeed:




I am not talking about adoption.. bitcoin users surely only increase over time too.

edit: you can also note that 6 years increase followed by 2 years down.. which 'could' quite fit bitcoin's situation right now... Wink



64. Post 4674905 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: fonzie on January 22, 2014, 11:17:50 PM


Sell now, come back in a year or two according to the dotcom bubble. Or hodl and don´t panic if it get´s back to 150$  Cheesy Cheesy

 Grin Grin Grin




65. Post 4675533 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: fonzie on January 22, 2014, 11:56:05 PM
So far, this is a "down" day, and Bitcoin hasn't had more than three down days in a row since Sept. 2013.  This is the third down day. 

Maybe BTC is about to establish another new record?

if it break the 3 days pattern i am afraid the panic is going to be huge..



66. Post 4675675 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: billyjoeallen on January 23, 2014, 12:04:23 AM
So far, this is a "down" day, and Bitcoin hasn't had more than three down days in a row since Sept. 2013.  This is the third down day.  

Maybe BTC is about to establish another new record?

if it break the 3 days pattern i am afraid the panic is going to be huge..

Yeah, but in which direction? We all know what happened after last September.

thats the magic Grin

Quote from: windjc on January 23, 2014, 12:06:48 AM

No. But its a bullish article. A few months ago everybody thought we were going to the moon. Now, its overpriced. Sounds about right to me. Hopefully there will be more and more bearish sentiment. If bearish sentiment continues to uptick, I will look to purchase more.

OMG OMG OMG  Shocked



67. Post 4676013 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: Walsoraj on January 23, 2014, 12:26:43 AM
^ Bullshit. At no point in time has there ever been more bearish than bullish sentiment in the speculation section.

indeed, before being bullish or bearish, people are much more rational than they think we it comes to their money.



68. Post 4676537 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: WeltMaster on January 23, 2014, 01:04:50 AM
The prospect of more than three down days in a row hasn't been keeping me awake at night so far.

Now it's been mentioned I guess I had better start panicking as soon as possible. I'm not really in the mood though.

You might have it backwards. These "bears" are actually waiting for a (re)entry-point.  Money is piling up on the sidelines.

This.

Any flashcrash will get eaten up quickly, the market is still highly bullish.

yeah but at some point these 'bulls' will loose their patience since no new money will come in (considering bears that keep on shorting) and they will be even more sensitive to quick dips, turning them eventually into big drops.  Wink




69. Post 4676921 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: windjc on January 23, 2014, 01:11:51 AM
The prospect of more than three down days in a row hasn't been keeping me awake at night so far.

Now it's been mentioned I guess I had better start panicking as soon as possible. I'm not really in the mood though.

You might have it backwards. These "bears" are actually waiting for a (re)entry-point.  Money is piling up on the sidelines.

yeah but at some point these 'bulls' will loose their patience since no new money will come in and they will be even more sensitive to quick dips, turning them eventually into big drops. Wink

Really? You think most of the money in the markets is from people who doubt the long term viability of bitcoin?

Ok. But I disagree wholeheartedly with this. I believe most of the money in the market believes that bitcoin is going much higher over the next 2 years and other than other alt coins, these people do not think there is a better investment to be had. Gold? Ha. Ok. Fiat? Really?

Oh i think you misunderstood what i was trying to say.

But first understand this: i did not invest a single penny on BTC before having not a single doubt left about it (and the time to research the subject), so i can be referred to as 'fully bullish' on the mid/long term.

Now what i was trying to say is that it is somehow like "a dog chasing its tail" when considering bears and bulls on the short term and especially after a recent surge in the price. IMO the problem is that bulls are mostly impatients whereas bears are not.
Altough we all already know how bitcoin is going to be wonderful over the next years with lots of new things, it still isn't enough to make it surge any time soon (seems to me the price is actually artificially kept whislt no 'new' money push it up). Why? Because we need time to really take it to the next level (for example, whenever bitcoin will be accepted by even 2% (?!) of merchants worldwide).
So bears should win this short term (next two months maybe?) 'mental fight' with bulls. Or they should not. But i figure considering both views is relevant, if not wise. So i am 50/50 $$/BTC because it's also nice to take profit anyway Wink



edit: + this

Quote from: Vigil on January 23, 2014, 01:35:50 AM
We are claiming that there are short-term periods of exuberance along the adoption curve which behave like bubbles. Thus, those charts you see are generally correct over the short-term of those bubbles. This is why so many keep pointing to them in regards to a future short-term lower price for Bitcoin. But everyone expects bitcoins to go much higher, say to $10,000 at some point, just not now or in the next couple months. The bulls on here think we should just reach a new high every couple months with no sustained returns to significantly lower values than the ATH, but it just doesn't happen like that in general. Nor has bitcoin price demonstrated such behavior before.




70. Post 4677276 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: Vigil on January 23, 2014, 01:35:50 AM

...

This chart of the early Amazon bubble could be similar to what we are currently experiencing with Bitcoin price:


i'd rather think we are about there when considering Amazon Smiley




71. Post 4678056 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: adamstgBit on January 23, 2014, 02:36:24 AM

...

This chart of the early Amazon bubble could be similar to what we are currently experiencing with Bitcoin price:



i'd rather think we are about there when considering Amazon Smiley



omg this makes me want to buy so badly.

also how do i short amazon?


YOu should buy some ripple !

no i want to short the shit out of amazon

where do i do that?

at some registered stockbroker in your country i guess



72. Post 4682985 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

meanwhile, in china..

http://www.zerohedge.com/news/2014-01-22/chinas-first-default-coming-heres-what-expect



73. Post 4720205 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.58h):

Quote from: adamstgBit on January 25, 2014, 12:42:22 AM



 Grin




74. Post 4782315 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_11.59h):

Quote from: fonzie on January 27, 2014, 07:12:23 PM
Granted I have only been around for around 8 months, but I've never seen such a concerted effort by bulls to try to spread bullshit.

I guess this forum is no longer any different than the btc-e trollbox. What a shame.

The most ridiculous part is that so many of the bulls try to act like they are trying to save the bears. Like they actually give 2 shits about the rest of us. smh

Indeed everyone who isn´t super bullish is a traitor a infidel , every word he says is FUD and of course he can be insulted every time he says something not overall positive about Bitcoin.
Actually  bad news are good news and will bring Bitcoin even higher, so in fact there are no bad news there are only good news and all bears are morons that need to be .

What doesnt kill bitcoin makes it stronger. Wink



75. Post 4838300 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: flynn on January 30, 2014, 01:11:44 PM
Ye except poker is a job for a decent chunk of people playing on these sites. I myself have friends who were forced to move outside of US just to continue playing.

Yeah, I didn't want to be rude to these guys; entertainment and online games are jobs like any others.

I just wanted to emphasise the fact that there is a big creation of wealth with bitcoin that other activities don't provide.

plus i wouldnt want to mess with all the silicon valley VCs which are investing more and more money into Bitcoin landscape. Poker sites are just irrelevant. Its a game, not a technology.



76. Post 4838349 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: mestar on January 30, 2014, 01:24:32 PM
But in the next 24-36 months, bitcoin is somewhere between 10k-50k. It simply has to be. The scale at which the entities getting involved now operate scale wise, bitcoin will be forced there. And 17 year olds that mined this useless Internet money will have their minds blown.

Ah, the forced $50,000 per Bitcoin in 2017.  Let's see what this means.  

If miners decide to sell all their mined Bitcoins, (or 50%), this is how much daily fresh money is needed on the exchanges for the price to be stable:

2014-2016 :   $180 million ($90 million daily if 50% sold)
2017-2020:   $90 million ($45 million daily)                          <--- look here
2021-2024:   $45 million ($22 million daily)
etc.

Don't forget that they have to sell to cover their electricity costs. So, if Bitcoin is $50,000 in 2017, good luck in finding that daily fifty million dollars.


The US National Debt has continued to increase an average of $2.49 billion per day since sept 30 2012... good luck in finding that too Grin

edit: http://www.brillig.com/debt_clock/



77. Post 4838410 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: TERA on January 30, 2014, 01:29:25 PM
Gambling is a very powerful and widespread human emotion and disorder to take advantage of. There is a huge market to be filled for services that fulfull the need of gambling, like poker, and bitcoin. These are more related than you think. It is 90% of the reason why bitcoin is so successful today. If I had to classify the majority of commerce and activities done in bitcoin as an industry, it would be the gambling industry.

yeah it is true that chinese people have that 'thing' when it comes to gamble.. i am more of a chess player. Cheesy



78. Post 4838523 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: flynn on January 30, 2014, 01:35:32 PM
How? It's made some individuals wealthy, but only because other individuals have put money in, and those individuals are reliant on other new individuals putting money in to make their own returns. Bitcoin does not create money, it just moves it around. Only governments create money.


I never said that Bitcoin created money, it creates wealth. In people's mind, these 12,000,000 bitcoins are pretty well worth 10b$ , the money doesn't have to show up for this to be true, but the wealth is there in the bitcoins themselves.



red colored: LOL

green colored: TRUST in the Bitcoin network creates wealth. the more users = the more secure = the more monayyy Smiley



79. Post 4839808 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: mellowyellow on January 30, 2014, 02:02:22 PM
Huabi has fake traffic.

Gox and okcoin too, I wonder what percentage of trades aren't fake - mine are real, I promise Smiley

stamp isnt that much moving anyway Smiley



80. Post 4840159 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: aminorex on January 30, 2014, 03:19:32 PM
the question is:

Will the Chinese dump all their money into the market before its illegal or will they pump out all their money that is left.

Question of if its going to a big rise or a big fall.

A more pertinent question is:  Do you, or even I, who consider myself well informed on PRC internal matters, even have the ability to understand the meaning of "legal" in China, let alone the legal status of BTCChina's current arrangement with Shanghai Pudong.

imho its just a matter of mass interpretation. no need to get the right information, the market should move before it even gets it. after all, we, humans, are mostly led by our emotions. Wink



81. Post 4843054 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: mmitech on January 30, 2014, 05:57:10 PM
BTCChina volume is 17800 now, are we looking at the next boom ? mmmm lets watch and see Wink

EDIT: 18100 while typing hahaha

EDIT2: 18500 WTF

EDIT3: it is just going crazy, I wont keep with numbers...

where do you see that?!



82. Post 4843337 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: Frequency on January 30, 2014, 06:14:41 PM
following www.fiatleak.com

All to China..

very interesting.. Wink

its nonsense if all the BTCs go in and out the same wallet.



83. Post 4843505 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: Denton on January 30, 2014, 06:26:52 PM
So much bullshit on BTCChina.

100s BTC wall at Y0,01 difference ^^




84. Post 4846534 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: MAbtc on January 30, 2014, 09:23:19 PM
Quote
This doomsday scenario was echoed by another used called 'Proudhon', who has contributed to the forum for three years. The user said bitcoin's fall from $1,200 to its current level of around $900 will "continue until bitcoins are worth $0."

Fucking classic.  Smiley

has this been taken seriously in mainstream medias???!!!

WTF LOOOL HAHAHAHAHAHAHAHA  Cheesy  Shocked Roll Eyes Grin Undecided Tongue

prudhon is a fu**ing legend!

CONFIRMED Grin



85. Post 4847993 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

for the fanatics... ^^




86. Post 4861640 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: Peter R on January 31, 2014, 06:48:35 PM
Get your tinfoil hats on! Whomever is manipulating the price to keep it in this narrow range is going to run out of bitcoins eventually ;-)

I hear bitcoin days destroyed is goin crazy so maybe it's some of the early adopters at work... trying to keep the financial apocalypse at bay for just a little while longer...  Grin Grin Grin

Looks normal to me, perhaps even a bit low: https://blockchain.info/charts/bitcoin-days-destroyed

It does feel like the price is being stabilized through some active effort.  But, if that's the case, are they running out of bitcoins or dollars?

Hmm, that's an interesting idea: run a "market stabilizer bot" for a month (with really deep pockets).  Eventually you'll either have too many bitcoins or too many USDs.  You now know the direction the market wants to move before every one else.  I wonder (but doubt) if such a scheme could be profitable....

what does "bitcoin days destroyed" mean exactly???



87. Post 4863151 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

I really dont like these Winklevossies. It seems they only try to make more money outta other people hard work and with daddy's money. They dont see the interest in bitcoin but only that grabbing 1% of it all would make them richer. They just pretend to be so smart but they just seems to get f**cking second if not last all the time.

ergo Zuckerberg ditched them
ergo Satoshi (and even FBI) got way more BTCs than they can ever dream of
ergo them ETF is far from opening.
ergo i wont consider a single news related to them as they mean nothing. Smiley



88. Post 4863279 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

@JorgeStolfi pretty impressive piece of work there. i think you made quite a point altough a forecast between $300 - 2200 by feb/22 is quite reasonable and easy to apprehend.. but +1 for the demonstration Smiley



89. Post 4863832 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.01h):

Quote from: windjc on January 31, 2014, 09:04:59 PM
I really dont like these Winklevossies. It seems they only try to make more money outta other people hard work and with daddy's money. They dont see the interest in bitcoin but only that grabbing 1% of it all would make them richer. They just pretend to be so smart but they just seems to get f**cking second if not last all the time.

ergo Zuckerberg ditched them
ergo Satoshi (and even FBI) got way more BTCs than they can ever dream of
ergo them ETF is far from opening.
ergo i wont consider a single news related to them as they mean nothing. Smiley

You sound jealous.

you got me Cheesy



90. Post 4885217 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.02h):

Quote from: Davyd05 on February 02, 2014, 12:55:41 AM
10 Days Remain!!!

10 days till???
And don't say 11 of February.

Simply the 37 day cycle ends in 10 days, draw your own conclusions to what may occur.
October 23 -► November 29 -► January 5 -► February 11



as other significant drops occur like on dec 15th to 17th.... choosing 37 day patterns to trade on sounds more like playing bingo.

BINGO! Cheesy



91. Post 4891964 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.02h):

Quote from: ChartBuddy on February 02, 2014, 11:01:15 AM

Explanation

lmao, good one chartbuddy



92. Post 4903625 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.02h):

Quote from: Dragonkiller on February 03, 2014, 12:11:45 AM
Wow.  Such crash.  Doge hurtin' today.

All cryptocoins are brothers in fate, if one fails the others will suffer too.

Pure bitcoiners may rejoice in the demise of a competitor, but people out there will wonder: if Dogecoin crashed without warning or reason, why wouldn't Bitcoin too?


there was very good reason for the doge crash

Thanks, I suppose you mean this:

http://www.businessinsider.com/dogecoin-crashed-this-weekend-2013-12

So its price crashed because its popularity soared. That may be good news for Bitcoin indeed.



It's only dawning on the Dogecoiners now that 10,000 coin block rewards in perpetuity might not be enough to secure their blockchain if the price doesn't increase 50x in the next year.

this

so i guess it is also valid for bitcoin? there is still a huge margin for its popularity to soar Grin



93. Post 4903986 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.02h):

Quote from: JorgeStolfi on February 03, 2014, 01:02:07 AM
Prices are determined by estimating discounted future value.  Supply of BTC will dry up. Supply of dogesh*t never will.

Er, um, but doesn't that imply that in the future everybody will use Dogecoin, no one will use Bitcoin?



if what they need is unlimited supply they can just keep going with $$



94. Post 5064768 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.06h):

so hum... has everyone shotr now?



95. Post 5221415 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.12h):

Quote from: adamstgBit on February 18, 2014, 03:59:13 PM
Still massive dumps of Goxcoins, seems like people think they are worthless after all

as the poll indicates, clearly poeple have very little confidence they will resume withdrawals as promised.

are poeple trading gox on superior information or emotion... that is the question.

What i dont understand is why Gox isnt comuunicating clearly on the fact that they still have all the BTC from its customers. Clearly Gox should have millions of BTC in cold storage just because of being the historical trading plateform. I wouldnt be surprised if they give the BTC back to its customers. However, it seems some people are taking advantage of this excessive FUD about Gox being insolvent in BTC. Its not because they *can't* give the BTCs back that they necessarily *don't* have them anymore.



96. Post 5343796 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.18h):

are we going to have that same rebound at 630 on stamp or are we going lower Huh



97. Post 5493006 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.23h):

Quote from: seldon on March 03, 2014, 11:01:00 PM


Nice!

ok now i'm convinced. buy buy buy Cheesy



98. Post 5493283 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.23h):

Anyone remember the whale that dumped 10k BTC on stamp just before the GOX crash?
Could what we've seen today be some other insider trading in anticipation of good news??



99. Post 5888771 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.29h):

Quote from: creekbore on March 25, 2014, 09:25:50 AM
dont mean to interrupt the party but what's going on with vircurex? didnt followed the whole story but is it like shutting down somehow?

Apparently.
I raised this yesterday and the consensus was 'meh'....it seems we are so used to bad news that it no longer registers as worthy for discussion. 

You have to steal at least 700K coins to get a mention here these days.

lmao. bulls.  Cool



100. Post 6894809 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_12.46h):

Quote from: JorgeStolfi on May 23, 2014, 02:06:01 PM
You'll get used to the feeling of confusion, I'm sure.
Hope you'll stick around when we're back to 1200 and beyond, will be interesting to see the rationalizations you'll come up with.
I find it amazing how people can put their money into something, without knowing where the profit will be coming from -- and without wanting to know.

like if you have any idea where your money goes, what you buy, what you eat or how i dont give a fuck about you and your miserable trolling here. get a life.



101. Post 9715345 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.36h):

Quote from: lyth0s on December 02, 2014, 08:34:59 AM
Quote
Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama
http://www.zerohedge.com/news/2014-12-01/total-us-debt-rises-over-18-trillion



prediction
debt ceiling to be raised world economy collapses march 2015

Why March 2015? That is actually my predicted date for reaching $1,000+ by again.




102. Post 9837610 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.39h):

why doesnt everybody just withdraw their btc from the exchanges, causing some critical shortage? lets unite to the moon!



103. Post 9838654 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Tzupy on December 14, 2014, 05:44:18 PM
...
I thought we'd see a pump now. Kinda thinking theyll drop that sunday or early monday est time.

The slow uptrend is still on, and possibly tomorrow will cross the 4h MACD, and maybe then you'll get your pump.

and dump.



104. Post 9850556 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Tzupy on December 15, 2014, 09:56:42 PM
This dump started on Bitstamp, not in China, so maybe Chinese traders think this announcement was bullish.

i think a lot of people will get burned by christmas..



105. Post 9861698 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.39h):

the real story about bitcoin:



bears..



106. Post 9865214 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.39h):

Quote from: DaRude on December 17, 2014, 09:58:35 AM
BTC keeps going down
Ripple keeps going up

What the fuck... Huh
Ripple actually got a usecase.

Which is ...

enrich its creators. exclusively.



107. Post 9879280 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.40h):




108. Post 10340048 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.55h):

Bitcoin is so yesturday..

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/

RIP


edit: sell sell sell you morons!



109. Post 10340270 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.55h):

the greater the pump...



110. Post 10375078 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.56h):

Quote from: Fatman3001 on February 06, 2015, 10:14:46 AM
a little calm before the weekend pumping begins

FTFY




111. Post 10377705 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.56h):

the race to replace bitcoin is on, mofos: http://observer.com/2015/02/the-race-to-replace-bitcoin/



112. Post 10396689 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.57h):

Quote from: PoS on February 08, 2015, 05:08:17 PM
...
Moral of the story to not do business with a Hong Kong registred Bitcoin enterprice.
In the past several Hong Kong exchanges have run away with costomer funds  (GBL, 796, mycoin, ANX.....), basicaly anyone dealing with a hong kong registered exchange deserves to get goxed

You're right, I feel much safer trading on exchanges like BTC-e, registered in Bulgaria not registered anywhere.
Not knowing the names of the principals also placates some of my concerns, because anonymity is paramount!
BTC-e is european union registred (cyprus)

lol wut?



113. Post 10431746 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.58h):

Quote from: hdbuck on February 11, 2015, 10:48:07 PM
AtTenTiOn ATteNtIOn:

http://new.livestream.com/spacex/events/3783845

TO TEH MOoN!

Mmurica' Fuck yeah!!



114. Post 10471289 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_13.58h):

Quote from: YourMother on February 15, 2015, 07:21:46 PM
Readjusted my buy order from $1.86 to $2.24. I told myself that I don't have to be that greedy.

Grin im @ $2,25



115. Post 11822767 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.20h):

Quote from: Elwar on July 08, 2015, 02:37:59 PM
Looks like it...

Everyone jumped ship, I guess they got tired of the manipulation?

Maybe bitcoin will become the altcoin of litecoin...

...I can't believe what i'm seeing... I'm just too uncertain to hit that buy button.

Looks like a bubble to me though. Litecoin also crashes..

It's possible litecoin has become the steam-valve of frustrated bitcoin traders who are sick of the price suppression and pump and dumps.  

The only reason Litecoin is rising so much quicker than Bitcoin is because it has such a smaller market cap. When the price dropped, it also fell a lot lower than Bitcoin. I bought a bunch of Litecoin back in 2013 for about $3 each when Bitcoin was around $100. It went up to $50 at Bitcoin's $1200 peak and just a few months ago at it's lowest it was under $2.

Litecoin is Bitcoin's volatile little brother.

yea cuz noobs rather have ks of litecoins for the same price of barely 5btc.



116. Post 12268959 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.25h):

Quote from: adamstgBit on August 28, 2015, 08:00:19 PM
Bitcoin is only decentralized as it stands because the people mining are not the same as the ones running nodes.

An inconsiderate block size increase would change this dynamic and forever lead to more centralization.



it will always be decentralized in the sense that no one corporation or government controls it, so who cares.  

Centralization is a spectrum, if we get to close to the centralize edge you should absolutely care

i foresee a future where bitcoin is the world reserve currency and governments secure the blockchain

expecting bitcoin to grow and always allow full nodes to run off of a 500$ computer is a silly fantasy.


wait wut?




117. Post 12270224 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.25h):

Why does people keep on yapping that Blockstream does not want bigger blocks? Its is a fundamental for their project to catch on.

ALL core devs, including gavin, big VCed corporations like Jgarzik's Bitpay, large private mining ops a la Bitfury etc, they all want bigger blocks to make Bitcoin THEIR little centralized toy and exclude "small" miners/nodes/people.

Ya'll been mindfucked. This is hilarious.





118. Post 12272764 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.25h):

Quote from: ElectricMucus on August 29, 2015, 07:21:10 AM
It seems Bitcoin slowly discovers why centralization in the financial system exists to begin with. The blocksize voting of BIP100 isn't that dissimilar to how a central bank operates.

Votes by a few mining pool dictate an important financial factor, just like in the central bank certain financial institutions get to vote on the decisions.
It may not make sense to regulate that particular one - the transaction count per time period, but nevertheless it is what it is. It's simply more practical.


It will kill Bitcoin's fundamentals.



119. Post 12273145 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.25h):

Quote from: ElectricMucus on August 29, 2015, 11:08:11 AM
It seems Bitcoin slowly discovers why centralization in the financial system exists to begin with. The blocksize voting of BIP100 isn't that dissimilar to how a central bank operates.

Votes by a few mining pool dictate an important financial factor, just like in the central bank certain financial institutions get to vote on the decisions.
It may not make sense to regulate that particular one - the transaction count per time period, but nevertheless it is what it is. It's simply more practical.


It will kill Bitcoin's fundamentals.

Please, it hasn't been truly decentralized since GPU mining and pools, don't be delusional.
Giving voting privileges to nodes simply doesn't make sense, too easily manipulated. We've seen that with the fake XT nodes popping up.

At least having votes from mining pools it's somewhat representative.
Merchants, Payment processors and other startups who simply are Bitcoin end users shouldn't have any say in the subject because they don't have the authority. Miners do, developers do, everybody else is free to leave if they don't like it.

On the contrary, whilst I may agree with part of what you say, I for one, sincerely believe that NOONE has or should have any power over Bitcoin. That is what makes its value.

Hence the decentralized consensus them businessmen are trying to catch, BEFORE THE NETWORK GROWS TO MUCH, and makes it nearly impossible to change anything. That is why the rush. But there is none actually, it is just mainstream propaganda, and y'all falling for it.





120. Post 12614712 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: soullyG on October 06, 2015, 09:58:03 AM

I think a lot of people have moved over to the new forum - come join us!

https://bitco.in/forum/threads/wall-observer.27




Roll Eyes



121. Post 12617934 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Max Keizer seeing through the XT coup and all the lame attempts of the bank cartels to minimize Bitcoin in the light of the "Blockchain technology":

https://www.rt.com/shows/keiser-report/317750-episode-max-keiser-819/



122. Post 12618046 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Fatman3001 on October 06, 2015, 04:32:57 PM
Max Keizer seeing through the XT coup and all the lame attempts of the bank cartels to minimize Bitcoin in the light of the "Blockchain technology":

https://www.rt.com/shows/keiser-report/317750-episode-max-keiser-819/


You mean the guy who works for the english branch of the russian propaganda machine RT?

Sure, you should stick with Fox News.



123. Post 12618483 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: JorgeStolfi on October 06, 2015, 05:17:00 PM
I do have a half-written tech report detailing how a cartel of miners could force a change in the rules; but that has become common (if still denied) knowledge by now, so it would probably be rejected for that (if not for ideologocal reasons).

So let's say a majority of miners change the rules in a way that the rest of the bitcoin community does not agree with, then what?

What prevents the core developers from just changing the hash function, rendering all mining hardware useless and let the whole mining business start from scratch? Yeah it would be pretty messy, but the mere existence of that option keeps the miners in check.

That is the conventional argument that is used to dismiss that problem.  It is like the Captain "defeating" a sailor''s mutiny by taking off in a small lifeboat and declaring it to be "the real ship"...

The Core developers would have to convince all bitcoin users to get into that small boat with them and discard the coins that they have on the carte's branch of the chain. Good luck on that...

Wrong, in the attempt of a miner/pool coup, the coin would just drop to 0 as trust in the (trustless) system would be seriously hampered.

May I remind you how BTC's price reacted when Ghash.io had 50% of the network? It crashed.

Hence, this is what the decentralized consensus mechanism implies: no one, from the devs to the nodes and miners (businesses being irrelevant) shall succeed going rogue or ultimately the users dump it all.



124. Post 12618573 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: adamstgBit on October 06, 2015, 05:48:47 PM
I do have a half-written tech report detailing how a cartel of miners could force a change in the rules; but that has become common (if still denied) knowledge by now, so it would probably be rejected for that (if not for ideologocal reasons).

So let's say a majority of miners change the rules in a way that the rest of the bitcoin community does not agree with, then what?

What prevents the core developers from just changing the hash function, rendering all mining hardware useless and let the whole mining business start from scratch? Yeah it would be pretty messy, but the mere existence of that option keeps the miners in check.

That is the conventional argument that is used to dismiss that problem.  It is like the Captain "defeating" a sailor''s mutiny by taking off in a small lifeboat and declaring it to be "the real ship"...

The Core developers would have to convince all bitcoin users to get into that small boat with them and discard the coins that they have on the carte's branch of the chain. Good luck on that...

can you explain to me the reason why miners would form a cartel to destroy bitcoins value?

Thats right, that is the beauty of Bitcoin, they wouldnt dare.

Or else they loose money.



125. Post 12619235 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: OSCA on October 06, 2015, 07:03:15 PM
If it takes to pay a coffee with cash in order to keep BTC serious, I'm all for it.

"in order to keep BTC serious" as what, exactly?  Surely not money?

Not consumerist money.
Would you pay with silver coins your frap-thing?

"Consumerist money"?  What's that?
I guess all the hype about bitcoin being "the fastest, cheapest way to transact," "currency of the internet," is just that?  BTC is not money but a store of value (a role which it hasn't been super good in for the last couple of years)?

Hmyea, was just "Hype" to shave the consumerist sheeps and their VC lords. Grin

Now, as the global financial crisis looms, back to the serious business of ensuring the robustness and inalienability of the network.



126. Post 12619714 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: sidhujag on October 06, 2015, 08:07:43 PM
the FUD is unwarranted even if we keep the 1MB limit ( which we aren't ) all that would really do for the foreseeable future is price out mirco TX's and bring the TX cost at about 10cents, buying over priced coffee is still feasible, and we are still undercut paypals 2% +50cents TX fee massively

Bitcoin is a decentralized publicly auditable settlement system. That people would pay to use. You can use it for 0 fee but it will take longer, its not designed as a payment processor. Satoshi chose security over performance because of decentralization.

The time to increase the block size will be when 0 fee tx takes longer than 5 days.

Time to "reassess" the blocksize will be when tx fee > block reward.



127. Post 12619800 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Richy_T on October 06, 2015, 08:26:13 PM

Time to "reassess" the blocksize will be when tx fee > block reward.

I know it won't be close yet but the next halving will be an interesting time.

Yes, next halving looks promising, that is why any attempt in increasing anything before that is highly toxic if not blatantly suicidal.



128. Post 12619894 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Richy_T on October 06, 2015, 08:35:30 PM

Yes, next halving looks promising, that is why any attempt in increasing anything before that is highly toxic if not blatantly suicidal.

I disagree but I do think that not enough account is made for the distorting effect that the block reward has on the market. In fact, I think that trying to encourage a fee market by restricting the block size while the block reward dominates miner funding is the mistake.

Miners revenues are mandatory to ensure the network's security.

While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.

Meanwhile, you can enjoy transacting for nearly nothing.



129. Post 12619926 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Meuh6879 on October 06, 2015, 08:46:22 PM
Bitcoin is a decentralized Peer-to-Peer Electronic Cash System, even if it can't run on a Raspberry Pi connected to a slow internet connection.

Bitcoin can run on 56k connexion ... with 4 incoming and 4 outside connexion and mining with P2Pool.
Bitcoin is more awesome than P2P File Sharing possibilities.

http://imagizer.imageshack.us/a/img913/9600/40isWB.gif

+1 This is Sovereignty.

Power to the people.



130. Post 12620027 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Richy_T on October 06, 2015, 08:55:15 PM

Miners revenues are mandatory to ensure the network's security.

While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.

Meanwhile, you can enjoy transacting for nearly nothing.

Yeah, that's my thought. A fee market should be allowed to emerge naturally, not artificially by restricting resources.


This is the purpose of the "artificial" restriction: prevent spamming and hence, allowing a fee market to emerge... naturally.

If no restriction in supply (as it also goes with the 21m cap), then there would not be any incentives for miners to pursue their amazing stacking of hashpower... which in the end ensures the system security.



131. Post 12620069 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Richy_T on October 06, 2015, 09:09:42 PM
This is the purpose of the "artificial" restriction: prevent spamming and hence, allowing a fee market to emerge... naturally.

Man...

Just like the artificial price controls in the USSR allowed food supply to emerge naturally.

http://students.sras.org/wp-content/uploads/2014/06/pic011-300x197.jpg

Hum.. so you prefer the USA Quantitative Easing approach maybe? Free money right?

Seriously, again, basically I would not disagree to reassess when tx fee > block rewards.

Not prior, nor with some out of thin air (to stay polite) data and projections about adoption or whatever other metrics or implementations that lacks the fundamentals to what a decentralized POW trustless system should be.



132. Post 12620187 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Fatman3001 on October 06, 2015, 09:28:54 PM

Miners revenues are mandatory to ensure the network's security.

While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.

Meanwhile, you can enjoy transacting for nearly nothing.

Yeah, that's my thought. A fee market should be allowed to emerge naturally, not artificially by restricting resources.

I see no reason why fees can't pay for a pretty hefty pow network when there's no block reward but thousands of transactions a second and $30k-$70k coins. Any artificial scarcity on this front now will strangle Bitcoin.


Start with there is no "thousands of transactions a second and $30k-$70k coins" as of now, in reality y' know..



133. Post 12620339 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Fatman3001 on October 06, 2015, 09:48:19 PM
I see no reason why fees can't pay for a pretty hefty pow network when there's no block reward but thousands of transactions a second and $30k-$70k coins. Any artificial scarcity on this front now will strangle Bitcoin.

Start with there is no "thousands of transactions a second and $30k-$70k coins" as of now, in reality y' know..

No, now there's block rewards paying for a pretty hefty and oversized pow network.

Huh You not happy already freely spamming a network that takes a difficulty of 60,813,224,039 and 456,026,187 GH/s?

Show some gratitude young man, now where is the mass adoption thing kicking in again?



134. Post 12620494 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Fatman3001 on October 06, 2015, 10:05:46 PM

Edit: Ah, I forgot. I'm in the wrong forum.


Indeed, the masters of the multialtoverse are here:




Edit: Impressive.




135. Post 12620563 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: billyjoeallen on October 06, 2015, 10:14:31 PM


Miners revenues are mandatory to ensure the network's security.

While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.

Meanwhile, you can enjoy transacting for nearly nothing.

It is possible to have too much security.  Would you hire an army to guard a child's piggy bank? The compensation for miners should be proportional to the security they actually provide.  It costs almost a million dollars/day to secure a network with a 3-4 Billion dollar market cap.  How much do you think the New York Fed spends guarding their gold vaults under 33 Liberty ST. ? I would be very surprised if it was anywhere close to 1 million/day. 

If miners can provide 90% as much security for 10% of the current cost/transaction, that is a increase in value to network users.  If they keep stonewalling any blocksize increase, they risk losing market share to competing altcoins. 

I'm not selling my BTC, but i'm not reinvesting my arbitrage profits either. I'm using them to buy bitshares.

If small blockers were truly committed to decentralization, they wouldn't be limiting Bitcoin's utility.  A settlement network between trusted third parties is absolutely not what Satoshi or any of us early adopters had in mind.  It's supposed to be a peer-to-peer electronic cash system. It always was.


So the caping is preventing utility? Or "mass adoption" maybe?

What is actually forcing miners to spend millions to secure a system that should not be as powerful?

Seriously, you need to take a deep breath.



136. Post 12632047 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: Elwar on October 08, 2015, 08:21:54 AM
What would be the point to announce their launch just a few days in advance other than a pump? They could have announced it when it went live.

Drum up some publicity before it opens so people will sign up when it opens.

And provide all the invasive KYC details to the almighty NYC regulators.



137. Post 12634652 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.27h):

Quote from: iCEBREAKER on October 08, 2015, 02:53:11 PM
and jorge u fucking helmet, the xt/core tension took us down from the 300ish we were at during the greek hype.

stop being wrong

He's not being wrong, he's being a good troll (as he got you to react to his latest appalling untruth).

We all saw the price drop like a stone when Galvin announced his intention to make the civil war go hot.

We even trolled Frap.doc about it:  https://bitcointalk.org/index.php?topic=68655.msg12151832#msg12151832

There should be an official, peer-reviewed Buttcoiner journal to collect the glorious malexpertise of PR, solex, Justus, Frap.doc, and Trolfi.

They could call it 'Lurker' or something!   Tongue

I'd vote for "wannabes".

Simple, glorious & elegant.



138. Post 12940957 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: MatTheCat on November 10, 2015, 07:29:44 PM
urghhh.....850 BTC sold into support at $350!

Bear Whale will have his day!

too obvious  Grin

that bear is desperate

Been watching him at play since $390 m8.

We are now at $350, and with a show of whale selling pressure like that, likely to go lower still, even if he were largely just selling into his own wall.

There is much more money to be made on the down side.



139. Post 12949165 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: marcus_of_augustus on November 11, 2015, 05:23:27 PM
... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.


I know people like to conceptualize the swings as "pump and dumps", but reality is probably a bit more complex, and, yes, professional algorithmic trading likely plays a large part in this.

Not sure that's a bad thing though, per se: it makes (private, "retail") trading more challenging, though not impossible, but that's a sign of a maturing market as well, isn't it? The uncontested "bubble run-ups" (that went on for weeks or months) are maybe a thing of the past then, but again: how is that bad? The market is evolving, and that is (imo) more exciting than depressing.

anything that smells like a rigged market with incredibly volatile moves that  only benefit the rich and powerful is dead on arrival for mainstreet ... maybe that's exactly what Wall St. wants with bitcoin (same as they did with gold and silver)?


Let the financial crisis come, bails in and out, neg interest rates, credit bubbles pop and domestic markets collapse.

Cheap cheap BTC incoming.

Thx WS.



140. Post 12949310 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: oda.krell on November 11, 2015, 05:46:39 PM
If the Cumberland Mining rumor is true, this is even bigger [HFT] kids coming to play in our sandbox, with shitloads of ammo. 'Luck competing with that. In an unregulated market.
[Bitcoin traders as closet masochists theory redacted]

The lack of regulation in our market is probably offset by the higher professionalization of trading in other, more mature markets. So, retail traders in any market are borderline masochists, I'd say. It's as if you were allowed to sign up for a world championship-level poker tournament after you've played poker for a while against your friends. Still, there's only one way to find out if you can beat the market or not, and that is by giving it a try (preferably with a bit of an idea of money management beforehand), no?

Prices set by these exchanges have always been manipulated, whether by inhouse operators, loaded early adopters or now HFT sharks.

It does not mean such prices are relevant in the first place.

14m btc x 1/2 Exahash would give us an invaluable bitcoin already.



141. Post 12949575 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: marcus_of_augustus on November 11, 2015, 06:10:19 PM
it is remarkable to see how easily they can get "esteemed" publications like WSJ, Bloomberg and The Economist to dance around like town-cryers, in unison, for the pump 'n dump turning bitcoin into little more than yet another chop stock. Securities fraud is still securities fraud however, no matter how high the corruption runs.

Bitcoin is not some securities.
You'd still be in full control of the ones you own.
21m cap and high network security is the deal, the rest is noise so just let the maniacs do what they always do.



142. Post 12949853 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: marcus_of_augustus on November 11, 2015, 06:35:51 PM
it is remarkable to see how easily they can get "esteemed" publications like WSJ, Bloomberg and The Economist to dance around like town-cryers, in unison, for the pump 'n dump turning bitcoin into little more than yet another chop stock. Securities fraud is still securities fraud however, no matter how high the corruption runs.

Bitcoin is not some securities.
You'd still be in full control of the ones you own.
21m cap and high network security is the deal, the rest is noise so just let the maniacs do what they always do.

didn't the SEC recently (and CFTC previously) both claim they had some jurisdiction over bitcoin trading in USA? Pretty sure a pump 'n dump is securities fraud.

But, yeah I agree it is a lot of noise in the big scheme ...  but still interesting to note how thoroughly corrupt and rotten Wall Street is and now they are here inside bitcoin with their usual scumbag criminality, just shows what total fraudulent joke BitLicense was.

Heh, to commodities regulators, bitcoin is a commodity, to bank regulators, it's a bank, to stock regulators, it's a stock.

Everyone wants "in". Obviously. Smiley



143. Post 12950141 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Quote from: marcus_of_augustus on November 11, 2015, 07:22:30 PM
bitcoin forwards, as a smart contract on the blockchain ... cute.

https://medium.com/@hedgy/decoding-the-dna-of-derivatives-82dcdf052607



Dat gif.



144. Post 12953783 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.33h):

Dat bulltrap.



145. Post 13310145 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.38h):

Quote from: a7mos on December 20, 2015, 09:16:19 PM
I think the price is not heading to the 500 level this year
Let's wait and see what will happen in 2016

Voice of reason.



146. Post 14087856 (copy this link) (by bambou) (scraped on 2020-04-04_Sat_14.46h):

Quote from: hdbuck on March 03, 2016, 08:09:14 PM
Becoin: the 21 mil. cap is a different issue because Bitcoin was set up from the very start to divorce the issuance rate from resources expended by anyone. However much miners may toil, they can not significantly affect the amount of BTC issued during any given timeframe, and that's how it was from day one. (you know the caveats that apply, I'm sure.)

I put it to you that what the miners produce isn't BTC, it's the processing of transactions. I think you'll find my assertion is backed up by pretty much everything going back to the original whitepaper.

To reiterate: While changing the issuance cap is possible, everything down to the difficulty balancing shows the cap is a fundamentally hardcoded feature of BTC that isn't meant to be subject to market forces, and this is known by all participants in the economy. A cap on TX rates, instead, is a new development and a direct attempt to control the miners business practices.

nope, it was not, there is no mention of such cap in the original wp.

ironically the fixed limit of 21m coins was implemented in 2014 - with Hearnia's contribution!  Shocked Grin

Quote
Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.

This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default.

To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.

...

Given the moderate time frame over which this change is to be implemented, we expect all miners to choose to screw themselves and deploy this change before 2214.

If they don't, and a minority remains on the old code base, a fork may occur. Essentially, they'll be mining fool's gold after that time.
https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki

now that's an example of a non contentious fork. nobody hardly opposed it, and most people did not even noticed it. ergo. consensus.

anyway, as History shows, honeybadger is all what matters here and inflationists are free to either rage quit or fork off. Kiss


ps: or buy ethereum?! whatever, you are free, but bitcoin clearly is not.. Wink