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



1. Post 12870229 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: dragonseer on November 03, 2015, 03:01:27 PM
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
If you ain't got the private key, you ain't got teh bitcoin Cool



2. Post 12870733 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: dreamspark on November 03, 2015, 03:52:54 PM
I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

Time is money and you've invested plenty. I hope you are getting good returns on the time you've invested here.

So much this. I can' think of anything in my life that I have invested as much time as Jorge has in btc with 0 financial gain. 

What's it like being that shallow and greedy?



3. Post 12870959 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: peonminer on November 03, 2015, 04:11:07 PM

WAIT JUST A DAMN MINUTE. WHAT THE ACTUAL FUCK HAPPENED WITH LITECOIN??? Huh Huh

Natural, organic growth. Like bitcoin, only even better Smiley



4. Post 12871172 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: BinaryReign on November 03, 2015, 04:30:11 PM
I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

Time is money and you've invested plenty. I hope you are getting good returns on the time you've invested here.

So much this. I can' think of anything in my life that I have invested as much time as Jorge has in btc with 0 financial gain. 

What's it like being that shallow and greedy?

I don't know that I would call that shallow and greedy. He just does not see what Jorge is getting out of all this, and I think that may be true for most of us here.

Not 'seeing' how something that doesn't make money could be worthwhile to someone? The very definition of greedy and shallow.



5. Post 12871259 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: dreamspark on November 03, 2015, 04:38:33 PM
I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

Time is money and you've invested plenty. I hope you are getting good returns on the time you've invested here.

So much this. I can' think of anything in my life that I have invested as much time as Jorge has in btc with 0 financial gain.  

What's it like being that shallow and greedy?


lol

Nothing about not being the sort to waste, at a guess judging by how old his account is, 20-30 days of my life on something I don't like and think will fail with 0 gain is shallow and greedy. Its called not wasting my life...


Besides Jorge statement of " I am still quite disappointed by the loss of almost 70% of the money that I put into this coin." is an obvious quip at the people who bout around all time highs.

Only shallow and greedy people can't understand why someone would spend time on doing something "with 0 financial gain."
Not understanding that also makes you ... oh, forget it. As hopeless and pointless as convincing a rock that it's a rock Sad

@Wandererfromthenorth: I assumed that stupidity of bitcoiners was an established fact, which I didn't belabor due to being [perhaps overly] polite.

@inca: What is it about 'I can buy back far more coins that I've sold with the money I made, while you're in the red' do you fail to grasp?



6. Post 12888106 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: bButtercup on November 04, 2015, 09:39:07 PM
Is it just me, or is our cat is getting less and less bouncy?

Like a bag of wet mud. With Velcro.



7. Post 12888635 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.31h):

Quote from: orpington on November 04, 2015, 10:26:30 PM
where's the fucking cavalry?

cavalry was this am! Things can't go up forever...

I was sleeping - gotta get some shut-eye in somewhere. Not easy these days.

Don't worry, this is just a bad dream. Don't sell now, whatever you do!!
No time to explain, we'll talk more when you wake up.

~A Friend.



8. Post 12889256 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.32h):

Quote from: Dilla on November 04, 2015, 11:30:15 PM
Say what you want about BTC, it sure makes a great currency/unit of account. Send it anywhere in the world in, like, about 10 minutes, and still have no clue how much it'll be worth when it gets there.

When will people who say this realize that Bitcoin is finding it's worth, once it gets widely adopted, peaks out on the "s" curve, then it will be stable.

Riiiight.
Check it, this guy paid $520 per coin today, *still doesn't have it*, and already lost ~$120 Cheesy

Quote from: adamstgBit on November 04, 2015, 07:14:38 PM
wow moving higher, this dead cat really bounces

It's bounced a four times already! Stupid cat. I want it out of the way, there isnt enough space in this market for more than one animal. On other news, I jut bought some bitcoins at $520! Man, I wish there was a central-american exchange so that I didnt have to buy at such a higher price. Considering I'm currently in a place where roads are a bit of a luxury, I think I'm doing pretty well.

where do you find these deals?  



9. Post 12921265 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.32h):

^No need to rub it in, ChartBuddy. They know what they've done Cry



10. Post 12921704 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.32h):

Quote from: TReano on November 08, 2015, 05:11:11 PM
also the volume on Bitfinex should indicate the 500$ as the top of this parabolic rally. I guess we will just make lower highs and lower lows every time bull try to push it up for next couple weeks/months

therefor I expect a bearish slide from here on until we create a new bottom

Fuck it I'm going long.

why so impatient?


because thats what most bitcoin people are... Posting rockets all the way down and fomo buying at the top because moon...

Totally not true. Bitcoiners are sophisticated, savvy investors who can teach us all a thing or two about finance.

How about you STFU, huh? I'm not done fleecing the rubes yet.



11. Post 12922053 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.32h):

Quote from: Hyperjacked on November 08, 2015, 06:01:28 PM
... and peel off a 20$ for the homeless guy!

Classy!



12. Post 12924698 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.32h):

Anyone else notice China vs. The Rest Of The World spread is closing, but not in the way bulls said it would?



13. Post 12939816 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: Fatman3001 on November 10, 2015, 04:58:42 PM
No bounce. Christmas is cancelled.

http://s22.postimg.org/xl0rvxpz5/coal.gif



14. Post 12942201 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: MatTheCat on November 10, 2015, 10:15:35 PM
There goes another KiloBomb on Stamp.

How fucking cheap did these auctioned BTC actually go for?

Bro, they always go way above market. Because to avoid slippage Roll Eyes
Besides, rich people don't give a shit about making money, they buy to hodl! Cool



15. Post 12942264 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: MatTheCat on November 10, 2015, 10:24:52 PM
Only consolidation is, that after such a big fucking crash, there must SURELY be some kind of counter rally....I hope....lol

That's what they want you to think (as they keep dumping moar).



16. Post 12943604 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: adamstgBit on November 11, 2015, 02:39:15 AM

^Not a joke, apparently. Adam don't find this shit funny no more, going long @420 musta hurt, now deleting posts Cry
Sry 4 ur loss Undecided
i hate you so much.

.gif]

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this is bullish, now stfu

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http://s18.postimg.org/6oye833d5/neo2.jpg

Dang! sub-310 Sad
Oh well, not like I didn't warn you Undecided



17. Post 12951224 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Is anyone watching the charts? 'Testing' 300.  Oy...

http://s27.postimg.org/pgcoe4nsj/homeless.gif



18. Post 12955673 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Hahahaha, you crazy bulls! You can't fly to the moon on fart gas!

http://inhabitat.com/files/cowbackpack123.jpg

Good morning all.



19. Post 12956289 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 02:02:59 PM
... But countries that are immersed in that kind of shit do not value their fiat - they only value land, gold, tangible assets, hard currency (if they can get their hands on it) and Bitcoin (because through bitcoin they can actually have the equivalent of hard currency - despite their government blocking access to hard currency). So, in a sense, hard currencies like the dollar are not directly competitive with Bitcoin, but weaker ones are, because Bitcoin is the medium to have access to dollars despite a government's effort to prevent the population from stacking foreign exchange or using it to store wealth, or using it to conducting international trade.

So you're telling me people in those countries use Bitcoin to convert their shit currencies into US dollars?

http://s9.postimg.org/mfb0rbzjz/Capture.png



20. Post 12956372 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 02:23:56 PM
...
No because they can't go to an exchange, sell BTC, get USD to their bank account and then go to their bank and withdraw USD. They can't do that. They will get national currency instead - in most cases.

So they use BTC as a hard currency / USD-equivalent currency. The BTC payment processors do the rest: If a payment processor can accept BTC as currency and send you a shipment of tangible assets like gold, silver, technology stuff (iphones, laptops, etc etc), it's like you have actually paid with USD and paypal. But it's not necessary to spend your BTC - you can also hold them as a safer alternative (compared to local currency that is devaluating), as some do with their hard currency holdings.
Can you point me to a country where that's actually happening, on non-trivial scale?
Or are you talking about China, wher that's simply not the case?



21. Post 12956443 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

^
Scarcity also doesn't have to be artificial: Pork bellies are a commodity, and, AFAIK, there's no limit to how many piglets a pig family can birth.



22. Post 12956543 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: billyjoeallen on November 12, 2015, 02:39:29 PM


If the dollar stays as it is, it seems there is no end to this ponzi. A ponzi never dies, ever, as long as you have a never ending line of people to join and you can print money for free. Ponzi schemes collapse when nobody joins.

Ponzi schemes collapse when FEWER join than is needed to pay existing participants.

That binary view holds only if payout is predetermined, not managed/variable (as is the case with fiat currencies/economies). A 'ponzi' like that stays in a state of constant flux, so it's not even clear what's meant by 'collapse.' People get poorer? Die? World implodes?



23. Post 12956620 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: billyjoeallen on November 12, 2015, 02:48:13 PM
^
Scarcity also doesn't have to be artificial: Pork bellies are a commodity, and, AFAIK, there's no limit to how many piglets a pig family can birth.

There is a limit based on gestation time.

Which is why I argue so passionately that we don't need a blocksize limit.  We already have the propagation factor. The risk of orphaned blocks puts a natural limit to blockspace scarcity.

It will also be necessary to have more xactions/block when the block reward is near zero. More xactions=more xaction fees.  Miners need to be compensated or the network becomes less secure.

You're clearly not a pig farmer Cool
'Gestation time' is a meaningless limit, x1000 production is trivial if there's demand for pigs.
http://www.swinecast.com/files/swinecast.com/120916_Leman_BreedingHerd_Hostetler-thumb-300w.jpg
In other words, scarcity of certain commodities is simply a function of demand.



24. Post 12956711 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 02:59:34 PM
... Bitcoin is still "trivial". If this was happening on a large scale, we wouldn't still be at 4bn marketcap.

Ah, so no evidence of this actually happening?
Gotcha.



25. Post 12956859 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: billyjoeallen on November 12, 2015, 03:17:50 PM
...
You're clearly not a pig farmer Cool
'Gestation time' is a meaningless limit, x1000 production is trivial if there's demand for pigs.
http://www.swinecast.com/files/swinecast.com/120916_Leman_BreedingHerd_Hostetler-thumb-300w.jpg
In other words, scarcity of certain commodities is simply a function of demand.

so, to be precise, there is a limit, it's just very high and not likely to be lower than demand.  However say, it's discovered that eating twenty pig eyeballs/day cures heart disease, cancer and gives you a 12 inch penis, then that gestation limit would be relevant.

Well no. See, all you have to do to increase pig production is ...breed more sows, instead of butchering them.
And those sows will birth 5 sows, and those five will birth 25, 125, etc., etc.



26. Post 12956961 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: Richy_T on November 12, 2015, 03:35:42 PM
That binary view holds only if payout is predetermined, not managed/variable (as is the case with fiat currencies/economies). A 'ponzi' like that stays in a state of constant flux, so it's not even clear what's meant by 'collapse.' People get poorer? Die? World implodes?

The BRICs countries get fed up of getting screwed by the fed and create their own currency, for example.

They already did. Dollar users unaffected Smiley



27. Post 12957018 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: billyjoeallen on November 12, 2015, 03:38:55 PM
all you have to do to increase pig production is ...breed more sows, instead of butchering them.
And those sows will birth 5 sows, and those five will birth 25, 125, etc., etc.

Come on. You can't even imagine a scenario where demand outstrips potential supply? What if aliens demanded we give them a huge and ever increasing number of pigs to feed their exponentially growing space empire?
A ridiculously high limit is still a limit.

If the demand is high enough, pigs will be bred in penthouse bathtubs, planets will be colonized, made habitable, and turned into pig farms.
What I'm trying to say is there's no artificial scarcity, no hard limit of 21 million, as is the case with bitcoin and Beanie Babies.
As I said, scarcity, in this case, is simply a product of demand, as in "I can't make more money by breeding more pigs."



28. Post 12957171 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: Richy_T on November 12, 2015, 03:49:20 PM

They already did. Dollar users unaffected Smiley

No, they have just made the first moves.

https://en.wikipedia.org/wiki/BRICS

Brazil has real; Russia has ruble; India has rupee; China has yuan; South Africa has Ayn Rand.

Are you suggesting those are all USD?



29. Post 12957185 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: billyjoeallen on November 12, 2015, 04:01:50 PM
all you have to do to increase pig production is ...breed more sows, instead of butchering them.
And those sows will birth 5 sows, and those five will birth 25, 125, etc., etc.

Come on. You can't even imagine a scenario where demand outstrips potential supply? What if aliens demanded we give them a huge and ever increasing number of pigs to feed their exponentially growing space empire?
A ridiculously high limit is still a limit.

If the demand is high enough, pigs will be bred in penthouse bathtubs, planets will be colonized, made habitable, and turned into pig farms.
What I'm trying to say is there's no artificial scarcity, no hard limit of 21 million, as is the case with bitcoin and Beanie Babies.
As I said, scarcity, in this case, is simply a product of demand, as in "I can't make more money by breeding more pigs."

Only if time is not a limiting factor. If a pig farmer Get's a fill-or-kill order for a million pigs and he has a month to fill it, and he has only two breeding pigs, then it doesn't matter how much the buyer is willing to pay.

Please refer to the red, bold text. ty.



30. Post 12957278 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: xyzzy099 on November 12, 2015, 04:10:53 PM
all you have to do to increase pig production is ...breed more sows, instead of butchering them.
And those sows will birth 5 sows, and those five will birth 25, 125, etc., etc.

Come on. You can't even imagine a scenario where demand outstrips potential supply? What if aliens demanded we give them a huge and ever increasing number of pigs to feed their exponentially growing space empire?
A ridiculously high limit is still a limit.

If the demand is high enough, pigs will be bred in penthouse bathtubs, planets will be colonized, made habitable, and turned into pig farms.
What I'm trying to say is there's no artificial scarcity, no hard limit of 21 million, as is the case with bitcoin and Beanie Babies.
As I said, scarcity, in this case, is simply a product of demand, as in "I can't make more money by breeding more pigs."

Only if time is not a limiting factor. If a pig farmer Get's a fill-or-kill order for a million pigs and he has a month to fill it, and he has only two breeding pigs, then it doesn't matter how much the buyer is willing to pay.

Please refer to the red, bold text. ty.

Actually there IS a hard limit.  What has not yet been pointed out in this conversation is that producing more pigs is not free, and as your pig production increases, costs will increase as well, at some point exponentially.  And at that point lies your hard limit.

Even reductio ad absurdum doesn't help you here. Exponential cost increase can always be matched by exponential cost (price).
Care to take this further? Perhaps suggest that the amount of energy/matter in the universe is the hard limit?



31. Post 12957362 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 04:17:02 PM
Not that again Roll Eyes No, not everything that gets laughed at [though the internet never was] eventually becomes outrageously popular. Most do not.

Bitcoin transactions are growing. Payment processors like Bitpay release stats that show increasing usage.

Payment processors like BitPay release stats that they're letting people go because faulty business model (see Fig. 1).

http://s27.postimg.org/6xnz6mkc3/rock.gif

                                                            Fig. 1
Quote
If you've bought at 3$ you are up 100 times and if you bought at 30$ you are up 10 times.

More like $7-$40 and sold at avg. $6xx, but what does this have to do with bitcoin not being a purely speculative asset and me being ridiculously lucky?



32. Post 12957392 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: xyzzy099 on November 12, 2015, 04:21:43 PM
all you have to do to increase pig production is ...breed more sows, instead of butchering them.
And those sows will birth 5 sows, and those five will birth 25, 125, etc., etc.

Come on. You can't even imagine a scenario where demand outstrips potential supply? What if aliens demanded we give them a huge and ever increasing number of pigs to feed their exponentially growing space empire?
A ridiculously high limit is still a limit.

If the demand is high enough, pigs will be bred in penthouse bathtubs, planets will be colonized, made habitable, and turned into pig farms.
What I'm trying to say is there's no artificial scarcity, no hard limit of 21 million, as is the case with bitcoin and Beanie Babies.
As I said, scarcity, in this case, is simply a product of demand, as in "I can't make more money by breeding more pigs."

Only if time is not a limiting factor. If a pig farmer Get's a fill-or-kill order for a million pigs and he has a month to fill it, and he has only two breeding pigs, then it doesn't matter how much the buyer is willing to pay.

Please refer to the red, bold text. ty.

Actually there IS a hard limit.  What has not yet been pointed out in this conversation is that producing more pigs is not free, and as your pig production increases, costs will increase as well, at some point exponentially.  And at that point lies your hard limit.

Even reductio ad absurdum doesn't help you here. Exponential cost increase can always be matched by exponential cost (price).
Care to take this further? Perhaps suggest that the amount of energy/matter in the universe is the hard limit?

There is a hard limit on how many pigs you can economically supply to the market, as the price your pork-loving customers are willing to pay is not without bound.  If you can't afford to produce them => limit.
Not sure how else to say this... (this means you too, MS Paint dog Angry)



33. Post 12957494 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: Richy_T on November 12, 2015, 04:35:04 PM
when people start basing their arguments on "all the in the universe"    time to hit the bottle

what's next?  in all of the universes?

good point. Pig production is limited by the amount of matter in a FINITE universe.

I think this argument has gone off the rails. I think it might be better served by using "inelastic supply" rather than "scarcity".

It has, awhile ago. I initially simply meant to point out that scarcity != artificial scarcity. Trivial stuff, not sure why people raise such a ruckus Undecided



34. Post 12957529 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: Richy_T on November 12, 2015, 04:40:48 PM

It has, awhile ago. I initially simply meant to point out that scarcity != artificial scarcity. Trivial stuff, not sure why people raise such a ruckus Undecided

It depends. They can be equivalent in some circumstances. The artificial scarcity introduced by copyright allowed companies to charge very high prices for music and movies.

Sure. Also allowed Ty Warner to charge more for Beanie Babies, and Bitcoiners to charge more for their 'coins' (much to the same end effect Smiley)
What I'm trying to say is scarcity doesn't need to be artificial, so yeah, using != was sloppy and downright wrong.



35. Post 12957628 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Fly me to the moon...
http://i.dailymail.co.uk/i/pix/2014/04/17/article-0-1D2973BA00000578-693_634x416.jpg

Bovine NASA off to a great start;
Fart Gas Flight experiments show promise.



36. Post 12957816 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: GGALINff on November 12, 2015, 05:07:07 PM
this bacon potato talk has got me hungry
...
Mmm... seduce me?

https://alexraphael.files.wordpress.com/2014/03/miss-piggy.jpg



37. Post 12958003 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: adamstgBit on November 12, 2015, 05:40:04 PM
>340 after lunch.   Grin
https://cdn3.cdnme.se/4072703/7-3/flygande_gris_511e926eddf2b3699e10b7e8.jpg
Quote from: adamstgBit on November 12, 2015, 04:44:59 PM
>500 is no longer a sell signal
Correction, those who didn't sell in 300s/400s are so very very sorry now. Guaranteed to dump if we ever hit 350 again. For sure Smiley



38. Post 12958259 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: adamstgBit on November 12, 2015, 06:04:17 PM
...
Correction, those who didn't sell in 300s/400s are so very very sorry now. Guaranteed to dump if we ever hit 350 again. For sure Smiley
everyone that didn't sell is going to pat themselves on the back pretty soon...

Yeah, they pretty much gonna have to. No one else will pat them on the back for missing a great exit opportunity. Again.
*correction, "except for everyone who sold, while hodlers were dreaming about unattainable highs."



39. Post 12958347 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 06:27:20 PM
...
* Even in the US and EU, our money is not even worth the metal it is printed on. 1c coins are zinc.
That's how fiat money works -- it doesn't matter what the coin is made out of, USD isn't backed by copper. That said, the penny is one coin that actually costs more to make than its face value. It's not made out of zinc because can't afford copper.
If you insist on you government wasting resources like Bitcoin does, I'll see what can be done about raising the cost of printing $100 bill to $99, bitcoin-stylee.



40. Post 12958576 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: AlexGR on November 12, 2015, 06:47:44 PM
That's how fiat money works -- it doesn't matter what the coin is made out of, USD isn't backed by copper. That said, the penny is one coin that actually costs more to make than its face value. It's not made out of zinc because can't afford copper.

Fiat money was not supposed to be backed by precious metals, but then the debasement got so high that they can't even be minted on base metals like nickel and copper.

They are manipulating people perception with the copper plating - a process which adds a lot to the minting cost.

The US mint could use a zinc alloy, and in EU, they could be using a stainless steel alloy, as is, without any plating whatsoever, but they don't. They want people to think their money is copper Wink

Monetary perception is everything for the value of money. Bitcoiners could learn a thing or two from the banksters.

That's just about the craziest thing I've heard today. Most people (other than batshit crazy brokeass goldbugs who can't afford gold) couldn't care less about what pennies are made of. We leave them in 'take it or leave it' penny cups, even panhandlers don't want pennies.
Just how paranoid are you, bro, to think that someone wants to deceive you about the value of pennies?



41. Post 12958597 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: r0ach on November 12, 2015, 07:10:10 PM
If you insist on you government wasting resources like Bitcoin does, I'll see what can be done about raising the cost of printing $100 bill to $99, bitcoin-stylee.

So many damn fools try to equate the distribution process of Bitcoin as being the cost per transaction.  Your fail premise might work if the block reward was linear.

You want to try saying that in people-talk?
I'm guessing you disagree with satoshi's assertion that the cost of mining 1 BTC should approach the price of 1 BTC?
Quote from: adamstgBit on November 12, 2015, 05:40:04 PM
>340 after lunch.   Grin
What did you have for lunch? Crow tartare with a helping of humble pie for desert?



42. Post 12958754 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

.@Fattyfatfat: Every time you lose another dollar, an angel gets his wings! Smiley

http://www.tacomaweekly.com/assets/tacomaweekly/upload/article/Zuzu.jpg

YOU'RE BROKE, LOL!



43. Post 12972144 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.33h):

Quote from: noobtrader on November 14, 2015, 12:20:03 PM
we keep getting these massive volume no movement hourly candles on stamps.

like 6 hours ago, how do you get 7K volume when price moved 2$

did you look at gemini Huh they got movement alright  Shocked Shocked Shocked

 http://bitcoinity.org/markets/gemini/USD
$2.200 ?!
http://s22.postimg.org/tll6zt1rl/Capture.gif
More regulation pl0x!



44. Post 12976053 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: InvestorPerson on November 14, 2015, 10:55:10 PM
fakestamp trying to kickstart a rally

http://lparchive.org/Pokemon-Quartz/Update%2023/24-pkquartzfull_232.png



45. Post 12976390 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: becoin on November 14, 2015, 11:41:25 PM
Some whale entity has the market by the balls. He can do what he likes, and what he likes is everyone elses FIAT.
No. What he likes is everyone elses bitcoins.

Don't be deceived, gullible bulls! He's French, what he clearly craves is your tasty brains!

http://triperiefrancaise.fr/images_prod/1370512197-Cervelle-de-veau.jpg



46. Post 12977239 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: marcus_of_augustus on November 15, 2015, 03:11:47 AM
http://bravenewcoin.com/news/financial-institutions-flock-to-blockchain-technology-while-bitcoin-divides-opinions/

Quote
“ultimately, however, it is central banks, not commercial banks, that have the most to fear from decentralized cryptocurrencies like bitcoin because it renders them obsolete.”

Cheesy @ "have the most to fear" Cheesy
We banksters have more wealth than you could shake a stick at, visiting our humungous fortunes upon our children, and upon the children's children, unto the third and to the fourth generation. While you gamble away what little you make Sad

http://www.whatsonyourwall.com/banksy-graffiti-25/banksy-umbrella-crack-b185-colour-white-39986-54061_medium.jpg



47. Post 12977316 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: marcus_of_augustus on November 15, 2015, 03:45:06 AM
http://bravenewcoin.com/news/financial-institutions-flock-to-blockchain-technology-while-bitcoin-divides-opinions/

Quote
“ultimately, however, it is central banks, not commercial banks, that have the most to fear from decentralized cryptocurrencies like bitcoin because it renders them obsolete.”

Cheesy @ "have the most to fear" Cheesy
We banksters have more wealth than you could shake a stick at, visiting our humungous fortunes upon our children, and upon the children's children, unto the third and to the fourth generation. While you gamble away what little you make Sad

http://www.whatsonyourwall.com/banksy-graffiti-25/banksy-umbrella-crack-b185-colour-white-39986-54061_medium.jpg


except bankster fiat "wealth" has no backing of value, but only debts, small but important detail, pauper.

You think we're stupid enough to store our wealth in the same crap we print out of thin air for you sheeple? How does that even make sense? I mean, would you buy your own bit-coins?
No.
We own countries, cops, cattle, corporations...  You? why, you own digital tokens which the less scrupulous of your friends conned you into buying (Remember? When they recruited you into the Cult of Moon Cow? With the nice Reverend Moo? Or did that chunk of memory get wiped?)



48. Post 12977375 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: adamstgBit on November 15, 2015, 04:20:34 AM
http://bravenewcoin.com/news/financial-institutions-flock-to-blockchain-technology-while-bitcoin-divides-opinions/

Quote
“ultimately, however, it is central banks, not commercial banks, that have the most to fear from decentralized cryptocurrencies like bitcoin because it renders them obsolete.”

Cheesy @ "have the most to fear" Cheesy
We banksters have more wealth than you could shake a stick at, visiting our humungous fortunes upon our children, and upon the children's children, unto the third and to the fourth generation. While you gamble away what little you make Sad

http://www.whatsonyourwall.com/banksy-graffiti-25/banksy-umbrella-crack-b185-colour-white-39986-54061_medium.jpg


except bankster fiat "wealth" has no backing of value, but only debts, small but important detail, pauper.

You think we're stupid enough to store our wealth in the same crap we print out of thin air for you sheeple? How does that even make sense? I mean, would you buy your own bit-coins?
No.
We own countries, cops, cattle, corporations...  You? why, you own digital tokens which the less scrupulous of your friends conned you into buying (Remember? When they recruited you into the Cult of Moon Cow? With the nice Reverend Moo? Or did that chunk of memory get wiped?)

you do not own a shit fucking thing

you own the debt used to create these thing

the minute the debt is valueless is the minute you loss your made up claim on these properties/assets  

Of course we own everything. Not only that, but we also own millions of well-trained jackbooted minions, to assert our ownership should disputes ever arise Smiley

But tell me, Adam, what is it that you own, other than debt?

>one day i will sell this house for 1/2 a bitcoin and pay you in dollars.
Now you're talking. My guess is you can probably find a buyer for your house today, if you're willing to let it go for .5BTC. Not sure how you're planning to raise the rest of the money you owe us, but hey, $170 is a start, I suppose. We weren't looking forward to those nasty-but-necessary foreclosure proceedings anyhow.



49. Post 12977399 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Beg for ... Huh Energy? Are you trying to frighten me with all the energy wasted by your bit coins?  You don't own that energy, it has been wasted. But thanks for your gift to entropy, I suppose Smiley



50. Post 12979666 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: ChartBuddy on November 15, 2015, 01:01:18 PM
                                         It's ALIVE!!
http://i.imgur.com/OhqIX6L.pnghttp://i.imgur.com/UtulRSL.pnghttp://i.imgur.com/ETbGPPP.pnghttp://s21.postimg.org/5xud2ltmf/Capture.pngCoinhttp://i.imgur.com/aKPnX5J.png
http://i.imgur.com/Kw5U2sO.png
http://i.imgur.com/EDloGrT.png
Explanation
“You are tampering with forces you can't comprehend! We have major corporations sponsoring this event.” – Satoshi



51. Post 12979917 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

http://s9.postimg.org/72po145a7/choc.gifhttp://s18.postimg.org/77cu9vxa1/Capture.png



52. Post 12980999 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

I seem to remember bitcoin being a bit ...not as depressing. Is it just me?
http://denpubs.media.clients.ellingtoncms.com/img/croppedphotos/2011/08/31/Countryside.Pokeno.H_t670.jpg



53. Post 12981246 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Fatman3001 on November 15, 2015, 04:52:41 PM
http://s28.postimg.org/6cdr6017x/later.jpg

Talking your book won't stop the rocket.

No. No it won't.



54. Post 12992355 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: brg444 on November 17, 2015, 01:07:45 AM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.

Right. Gubermint lies spread by their jackbooted Jewish lackeys of the mainstream media Angry

http://s28.postimg.org/48yyuhkkd/Capture.png



55. Post 12992513 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: brg444 on November 17, 2015, 01:32:30 AM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.

Right. Gubermint lies spread by their jackbooted Jewish lackeys of the mainstream media Angry

MSM?

Cryptocoinnews
newsBTC
Network World

 Roll Eyes
To not even know how all bitcoin news outlets are run by mainstream media lying Jews Roll Eyes



56. Post 12997750 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: r0ach on November 17, 2015, 04:41:58 PM
If you are a whale wanting to manipulate a market

http://s14.postimg.org/uccwrvc3l/Capture.png
http://45.media.tumblr.com/tumblr_mbhzb0OqSr1r3viixo6_r3_250.gif



57. Post 13001115 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: marcus_of_augustus on November 18, 2015, 12:59:58 AM
... You better hope there are enough people like me left.

I do, I do! With all the mud people getting them fancy degrees and wantin' high-payin' jobs, who else is gonna be left to dig my ditches and run that fryer at Mc. D's?

don't worry your empty little head about it, the robots are coming to take all the jobs ... techno unemployment so you and the mud people can kick back and watch porn all day.

Whelp, guess that makes our retarded Nazi friend not quite as indispensable as he thinks himself to be.
Good... good Smiley



58. Post 13004948 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: noobtrader on November 18, 2015, 02:04:28 PM


http://img.movieberry.com//static/photos/64179/12868727730_midi.jpg
https://jrfibonacci.files.wordpress.com/2015/01/imagesbison-over-cliff-small1.jpg
Much sad Cry



59. Post 13005991 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: r0ach on November 18, 2015, 03:53:40 PM
... Since white genes are recessive, the white race would not exist if this ratio was higher.  Due to this, whether your Marxist mind acknowledges it or not, if you advocate that everyone on earth interbreed with each other with no regards to race, you are in fact advocating white genocide due to white genes (and Asian) being recessive. ...

Unfortunate fact #1: Everything you know about Karl Marx you've learned from stormfront & mises.org.

The only solution to the genocide of the White Race:

https://upload.wikimedia.org/wikipedia/commons/thumb/e/e1/Lebensborn.svg/150px-Lebensborn.svg.png

P.S. Learn what genocide means before using the word again. ty.



60. Post 13008011 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: r0ach on November 18, 2015, 08:31:57 PM
...
Contrary to what fat pride and other whacko groups try to claim, "beauty" is not even close to entirely subjective.  Symmetry and attributes that define health are obvious objective standards of looks, probably plenty more exist.  I hate to break it to you, but the world in general will unanimously agree which child received the supermodel genes and which didn't. ...

To be that deluded Smiley
https://en.wikipedia.org/wiki/Heroin_chic

http://www.pariscultureguide.com/images/Peter_Paul_Rubens-Venus_in_Front_of_the_Mirror-c.1613-14.jpg

And I'm sure other c0ckroaches find you attractive Smiley



61. Post 13008600 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: r0ach on November 18, 2015, 09:46:04 PM
http://s8.postimg.org/wr5r2opud/balth.gif

Anytown, USA, Year 2020.
Mongrelization: Keep UR Species Pure!

*Also pepper ur Angus...



62. Post 13008670 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

when sugar and backing soda don't work...
Quote from: r0ach on November 18, 2015, 10:05:56 PM
http://s7.postimg.org/v9rqu8cvv/Capture.png
The Final Solution To R0ach Infestation.
Fin!
Smiley



63. Post 13009696 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Fatman3001 on November 19, 2015, 12:26:32 AM
As the father of 3 mixed children myself (wife is Asian and I am white) I have to call you out on this.

You misquoted me entirely.  I said both Caucasian and Asian genes are recessive compared to African genes.  You being white and marrying an Asian woman (wow, who would have guessed nerdy white guys obssesed with Asian women on a Bitcoin forum???) doesn't really have anything to do with what I typed...


Those that set up the caucasian distinction included Indians and Pakistanis although I believe there was no Pakistan at that time.  One billion dark skinned, black hair and brown eyed caucasians.

Wow this is fun.



Not really fun. I don't want to go to the moon with them here.

http://static.ddmcdn.com/gif/blogs/dnews-files-2013-08-GERMAN-TRANS-jpg.jpg
http://d.justpo.st/media/images/2012/05/3c8fa75da789dbb4b2d22712979cebef.png

Don't worry, I have a plan.
Pedobear approves! (don't be nervous honey, not like he's a BLACK bear!)
http://s9.postimg.org/gp8n1wyrj/teddyb.jpg  Also:  http://s16.postimg.org/o43nwygsl/Capture.png



64. Post 13013228 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Fatman3001 on November 19, 2015, 12:54:59 PM
I won't expect a mini rally for the rest of November but if we stay at 330-340$ I think that would be good enough.

http://uk.businessinsider.com/r-eu-clamps-down-on-bitcoin-anonymous-payments-to-curb-terrorism-funding-2015-11?IR=T

i think that could bring an end to hopes for a rally or whatvever

even 150$ and below


And it's begun.

http://s28.postimg.org/41z1tshwd/surrender.gif



65. Post 13013600 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

http://s29.postimg.org/aqu9wyuiv/Capture.png
Cheesy



66. Post 13015032 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Denker on November 19, 2015, 04:41:07 PM
...
Man short as much as you want.No one here is interested in your stupid tries to cause panic.
Furthermore this isn't news.It's just total crap.

Breaking: Google News in collusion with FUDsters.
Much desperate denial ensues...

http://s3.postimg.org/ckv8x1pc3/Capture.png



67. Post 13017701 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 19, 2015, 10:02:43 PM
Several months ago I took it upon myself to uncover the identity of the woman you know as "lambie". I am happy to report that I have successfully uncovered her true identity. Many of you won't be surprised once you find out who she is and it will all make sense as far as what you have been dealing with all along. The Doxing will occur very soon on this very thread.

I like best the urban dictionary #2 definition of Dox

Dox
"Dox, or being doxed, in terms of online forum sites, is the physical equivalent of being butt-raped irl. Just as all the greats have, when a person is "doxed", all their personal information is made available for all users to see. Names, addresses, phone numbers and school/work are not spared, and this usually leads to the person ceasing all ties with said websites, if not the interwebs as a whole. "

Frighting? Exciting?! I just peed myself... a little? 

http://s13.postimg.org/j26d48y5j/tumblr_lj5p1d_Me_Bw1qeqg6f.gif

Why yes, yes I did!



68. Post 13017816 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 19, 2015, 10:26:41 PM
The identity of the one you all know as "lambie" and her many other sockpuppets is none other than Izabella Kaminska.

Her twitter is https://twitter.com/izakaminska

She is employed as a "journalist" by FT Alphaville.




She should have been more careful, but oh well, I am good at what I do and it probably wouldn't have stopped me if she had been.

Enjoy this gift I bring to you friends and sleep easy knowing that I will not do this to any of you as long as you don't engage in behavior similar to hers.

Yours Truly,
The Doxing


Oh Lord... This can't be, no! NONONONONON! My life! It's RUINED!!!

http://s7.postimg.org/8n53u4g4r/sweetie_belle_wakes_from_a_dream_of_hell_gif_by.gif



69. Post 13018035 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

So. You gentlemen have this woman's phone #, but you'd rather scheme, rage, argue, guess, dick around for hours... anything but actually pick up the phone & talk to a human grill.
Impotent, frightened manchildren, totally irrelevant to the world outside Cheesy

http://s23.postimg.org/7ufsiib17/Capture.png
TL;DR:
1. Your d0xx4r friend is a retard. He has trouble going potty unassisted, forget doxx0ring.
2. Even if he was right, you'd never call the number he gave you, because bawwwk bawwk bawwkkk!!!!

Prove me wrong Smiley



70. Post 13018091 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Fatman3001 on November 19, 2015, 11:18:49 PM
So. You gentlemen have this woman's phone #, but you'd rather scheme, rage, argue, guess, dick around for hours... anything but actually pick up the phone & talk to a human grill.
Impotent, frightened manchildren, totally irrelevant to the world outside Cheesy

http://s23.postimg.org/7ufsiib17/Capture.png
TL;DR:
1. Your d0xx4r friend is a retard. He has trouble going potty unassisted, forget doxx0ring.
2. Even if he was right, you'd never call the number he gave you, because bawwwk bawwk bawwkkk!!!!

Prove me wrong Smiley

Tweet something about the meeting tomorrow where they're going to clamp down on digital currencies.

^That woman is not me.
Your doxxering friend is just a butthurt child, and you're an idiot for taking him seriously.
Do you understand now?



71. Post 13018135 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 19, 2015, 11:21:25 PM
...
Izabella, no man wants to talk to a nasty, ugly, whore like yourself. That's why you live alone loser, remember.

So, let me me see if I get it... I'm supposed to be pooping myself in terror because a little faggot has my phone number, that you're too afraid to use? Is there some other ingredient to this vengeance trip of yours that still escapes me?

Because HALP, I can't take no mo!!

http://s15.postimg.org/ijan8q23v/yourpain.jpg



72. Post 13018204 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 19, 2015, 11:35:53 PM
...
Shut your stupid whore's mouth Izabella. Do as your master(because I really do own you right now) commands you.

Hahahaha how can you stand being such a fucking LOOOOOOOSer Cheesy

http://s11.postimg.org/4zgj4d5kj/girlslaughing.jpg

(hahahahaha!)



73. Post 13018313 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 19, 2015, 11:50:11 PM
Hey Izabella(lambie, whore, fatty, whatever), I could tell how ugly your dog face was from twitter, but you hid how large and fat you are. Good thing we can see your skanky fat self here   https://www.bing.com/videos/search?q=isabella+kaminska+&FORM=HDRSC3#view=detail&mid=167E3D83B50A5B608D57167E3D83B50A5B608D57
and here  http://video.ft.com/3667480923001/Camp-Alphaville-on-cashless-society/Markets

Nice maternity clothes your wearing there, at least you don't have to ever worry about being raped, or married, or dating, or pregnant, etc.

http://s17.postimg.org/kdk6nhf7j/ffjut.jpg

(Your tears are delicious. looooooooser Cheesy)



74. Post 13018499 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: The Doxing on November 20, 2015, 12:13:10 AM
We win again!! This is good, but what is best in life?Huh
http://s23.postimg.org/yvhh6jg4b/aryanne.jpg

http://s12.postimg.org/maww558sd/bit1.jpg

(haven't laughed this hard for so long in a while. Dox me again plz?)



75. Post 13018623 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: TReano on November 20, 2015, 12:30:50 AM
just turn the question around:

Would anybody go long here?

tbh. I don't see any reasonable reason beside the standart "Bitcoin is the Internet of Money" Andreas quote...

Well, shorting for people who hodlded is, basically, admitting defeat, so ...denial better than shorting. Not financially of course, financially ruinous. But,you know, 'far as not having to face the shame and... oh, nevermind.
But, other than 'Bitcoin is WebTV 2.0? How about 'bitcoin is so unstoppable, f8ck da popo!'

http://s14.postimg.org/63ua67ktr/unstoppable_bus.gif
(sorry, thought of BTC when I saw that gif. I know it's a bit forced here, but just needed to share. Unstoppable!)



76. Post 13019217 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: adamstgBit on November 20, 2015, 02:49:16 AM
yes effective tomorrow!

the next 24 hours dont matter.... crypto is done...  Cry
http://s3.postimg.org/7megy9exv/durr.jpg



77. Post 13019242 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: CocoBongo on November 20, 2015, 02:39:20 AM
...
wtf !! is this here does that have any correclation to the price???

TL;DR: If you thought BTC is 'a store of value', congratulations!

http://s1.postimg.org/frnkkhbgv/homeless.gif



78. Post 13022739 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JorgeStolfi on November 20, 2015, 02:45:11 AM
Hey Izabella, how much of your tiny salary did you lose with your leveraged shorts.
Sure there's some interesting similarities of profile but you certainly haven't offered proof, I wouldn't go dancing on the rooftops over your "victory".

I have information from a highly informed source that The Doxing is none other than Leah McGrath.

It's possible.

http://s21.postimg.org/4elbr1uon/Capture.png

Quote from: 8up on November 20, 2015, 07:47:29 AM
Anyone remember September 2013? Are we there yet? Come on guys - I need a little more panic to fill my orders. Grin

sry, yr 2+ yrs 2 late Sad



79. Post 13023688 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: adamstgBit on November 20, 2015, 03:32:17 PM
back over 320 before bed, 333 tomorrow morning, 400 by Monday, new all time recent high before the month is out.

good morning bitcoin, i see we are behind schedule... has the meeting about using bitcoin to track terrorists financing not finished yet?   

1. Terrorists realize that bitcoin is traceable
2. ~2 billion dollars' worth of BTC hits the market at once
3. ? ? ?
4. PROFIT!!



80. Post 13023747 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: DaRude on November 20, 2015, 03:37:38 PM
Are you saying that bitcoin might die Shocked ... again?
Bitcoin price is barely over the 2013 high now that we are going into 2016 soon. Aside from some gasps and fraudulent manipulations, it looks like it's going down for good.

So if you think that BTC is dead for good now at $320, you must of thought that it was REALLY REALLY really dead 101% for sure when it was trading at $230 for like a year before that.  Roll Eyes

You know that there are documented cases of corpses actually sitting up, as rigor mortis sets in? Don't mistake that for signs of life/rising from the dead.
Just something to think about.



81. Post 13025444 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 20, 2015, 07:12:22 PM
...
There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.

The entities moving the market are not the entities who have problems with moving BTC/fiat onto exchanges quickly. There's little evidence that much money is actually moving in & out of exchanges. The fiat you sell (for BTC) is the fiat you buy (with BTC). It's simply a question of timing.



82. Post 13025579 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: peonminer on November 20, 2015, 07:34:36 PM
We're rich now, right?
RIGHT?Huh!!!!!
http://lifelibertytech.com/wp-content/uploads/2015/07/charlie-brown.jpg

http://s28.postimg.org/p0mw4zad9/nice4.gif



83. Post 13025695 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 20, 2015, 07:46:49 PM
...
There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.

The entities moving the market are not the entities who have problems with moving BTC/fiat onto exchanges quickly. There's little evidence that much money is actually moving in & out of exchanges. The fiat you sell (for BTC) is the fiat you buy (with BTC). It's simply a question of timing.

Well you may not have to really move very much fiat if you buy BTC in one location and sell BTC on an exchange (mostly thinking about Stamp).  And, really how do you know about money moving off and onto various exchanges, is there some public way of verifying such beyond attempting to infer such info from the order books and/or trade volume?

No, there isn't. At best, the only thing to be inferred from volume is the sum spent on making the volume look like it does. Not even that, in reality.
There's one thing that hodlers say that I agree with: you will lose money if you trade (unless you're a 'market maker'). The reason legacy real trading is regulated is to prevent exactly what's going on on BTC exchanges now.
Financial fraud develops & advances, just like any other field. Regulators manage to plug one loophole, manipulators figure out another, and the game goes on.

Now imagine this wealth of experience, this boatload of scams that got invented and burnt down IRL over *centuries*, and, suddenly ...unregulated market!!1! Everything old is new again, you don't even have to figure out new ways to do shit -- just recycle. Hard to get this across, but another way to look at it is imagine some bacterial strain that becomes more and more antibiotic-resistant as new antibiotics are introduced, and then... stop taking antibiotics.
Good luck.



84. Post 13025753 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 20, 2015, 08:08:42 PM
...
There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.

The entities moving the market are not the entities who have problems with moving BTC/fiat onto exchanges quickly. There's little evidence that much money is actually moving in & out of exchanges. The fiat you sell (for BTC) is the fiat you buy (with BTC). It's simply a question of timing.

Well you may not have to really move very much fiat if you buy BTC in one location and sell BTC on an exchange (mostly thinking about Stamp).  And, really how do you know about money moving off and onto various exchanges, is there some public way of verifying such beyond attempting to infer such info from the order books and/or trade volume?

No, there isn't. At best, the only thing to be inferred from volume is the sum spent on making the volume look like it does. Not even that, in reality.
There's one thing that hodlers say that I agree with: you will lose money if you trade (unless you're a 'market maker'). The reason legacy real trading is regulated is to prevent exactly what's going on on BTC exchanges now.
Financial fraud develops & advances, just like any other field. Regulators manage to plug one loophole, manipulators figure out another, and the game goes on.

Now imagine this wealth of experience, this boatload of scams that got invented and burnt down IRL over *centuries*, and, suddenly ...unregulated market!!1! Everything old is new again, you don't even have to figure out new ways to do shit -- just recycle. Hard to get this across, but another way to look at it is imagine some bacterial strain that becomes more and more antibiotic-resistant as new antibiotics are introduced, and then... stop taking antibiotics.
Good luck.


What the fuck are you talking about?

You are the one who made the claim suggesting that there was NO real evidence of money moving in and out of exchanges, and I asked you, more or less, how you would know... then you agree that you do not know and subsequently babble on in some side and distracting irrelevant tangent.

Not sure what you mean. I said there's no evidence, and you expect me to ...offer you evidence? Of what, pray tell? Of there being no evidence? How would one go about doing that?



85. Post 13026497 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: bitowl on November 20, 2015, 09:40:38 PM
... I just hope his project fails miserably  Cool
... Nor hell a fury like a woman scorned Sad



86. Post 13026585 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: hdbuck on November 20, 2015, 10:12:34 PM
Bitcoin debit cards? Genius.

Now if Bitcoin just dropped that ridiculous 21 million coin limit, and mannaged not to lose most of its value over a couple of years, it'd be as good as real money Smiley



Oh wait, no... No it wouldn't. Nevermind.

P.S. I hear the 21 Inc. Bitcoin computer is now available for direct purchase. Not seeing much about it in the news for some reason, anyone buy one?



87. Post 13027136 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 20, 2015, 11:01:36 PM
...
There is a different dynamic for down versus up, and part of the reason for the different dynamics likely has to do with differing levels of ease to move BTC in comparison to moving fiat (and who may have access to mechanisms to move fiat quickly - surely, these days almost anyone has access to mechanisms to move BTC really quickly), which considerably changes the dynamics for each of two binary possible price directions.

The entities moving the market are not the entities who have problems with moving BTC/fiat onto exchanges quickly. There's little evidence that much money is actually moving in & out of exchanges. The fiat you sell (for BTC) is the fiat you buy (with BTC). It's simply a question of timing.


Well you may not have to really move very much fiat if you buy BTC in one location and sell BTC on an exchange (mostly thinking about Stamp).  And, really how do you know about money moving off and onto various exchanges, is there some public way of verifying such beyond attempting to infer such info from the order books and/or trade volume?

No, there isn't. At best, the only thing to be inferred from volume is the sum spent on making the volume look like it does. Not even that, in reality.
There's one thing that hodlers say that I agree with: you will lose money if you trade (unless you're a 'market maker'). The reason legacy real trading is regulated is to prevent exactly what's going on on BTC exchanges now.
Financial fraud develops & advances, just like any other field. Regulators manage to plug one loophole, manipulators figure out another, and the game goes on.

Now imagine this wealth of experience, this boatload of scams that got invented and burnt down IRL over *centuries*, and, suddenly ...unregulated market!!1! Everything old is new again, you don't even have to figure out new ways to do shit -- just recycle. Hard to get this across, but another way to look at it is imagine some bacterial strain that becomes more and more antibiotic-resistant as new antibiotics are introduced, and then... stop taking antibiotics.
Good luck.


What the fuck are you talking about?

You are the one who made the claim suggesting that there was NO real evidence of money moving in and out of exchanges, and I asked you, more or less, how you would know... then you agree that you do not know and subsequently babble on in some side and distracting irrelevant tangent.

Not sure what you mean. I said there's no evidence, and you expect me to ...offer you evidence? Of what, pray tell? Of there being no evidence? How would one go about doing that?


Yeah.    your response seems a great attempt at obfuscating matters.    Roll Eyes



In your first post: you imply that there's some kind of evidence that low amounts of money is going in and out of exchanges.

Then I ask you to provide some evidence for how you know what money is going in and out of the exchanges.


Fun With Shapes And Colors:
-Find the purple text. That's the first post.
-Now find the red letters that look chubbier then the rest within the purple text. That's where i tell you "There's little evidence that much money is actually moving in & out of exchanges."
Still with me? Good!
-Now find the navy (that means BLUE!) text. Read it. Read it again. Keep reading it until you start feeling the shame that's rightfully yours Angry

WTF is wrong with you? Why can't you even format your posts like a human being? What's with all the extra blank lines? And all those dirty words and nasty obscenities! Why? You kiss your mother with that mouth?

Every one of my sincere and generous attempts to help the hapless gamblers in this thread is instantly met with nonsense and rage. Why is that? A lesser man than I would have abandoned your ungrateful ass long ago, leaving you to rely on your own wits, i.e. to continue your hideously predictable descent into poverty and destitution. Why is it that I continue to treat you as if you were worthy of my time?
Why?



88. Post 13027348 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 20, 2015, 11:57:32 PM
I'm not mature enough to face my cluelessness like an adult, so that I could accept the generous tutelage of my betters and start to overcome my crippling stupidity, perhaps to even begin repairing some of the devastating damage that I've caused.

I bought at the top of the bubble, at EXACTLY the top, $1,200. Imagine? Accepting such momentous idiocy is more than my [already feeble] mind could bear, so I snapped.
Now I insult the only person on this forum who tries to educate me, instead of simply exploiting my inane retardedness and stealing my money.

Not the apology I was hoping for, but sure explains a few things...
Undecided



89. Post 13027426 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: Fatman3001 on November 21, 2015, 12:27:34 AM

LOL!!

That Kaminska lady is better than lambie!

 Huh

sry, unrelated

https://twitter.com/izakaminska/status/667771295296188417


Lol.



90. Post 13027658 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: JayJuanGee on November 21, 2015, 01:01:12 AM
I'm not mature enough to face my cluelessness like an adult, so that I could accept the generous tutelage of my betters and start to overcome my crippling stupidity, perhaps to even begin repairing some of the devastating damage that I've caused.

I bought at the top of the bubble, at EXACTLY the top, $1,200. Imagine? Accepting such momentous idiocy is more than my [already feeble] mind could bear, so I snapped.
Now I insult the only person on this forum who tries to educate me, instead of simply exploiting my inane retardedness and stealing my money.

Not the apology I was hoping for, but sure explains a few things...
Undecided


Initially, I thought that your post was funny, when I initially assumed that you were quoting my previous post.... instead, i realized that you were merely engaging in additional child's play.

hopefully, you are receiving decent pay for your attempts at creative immaturity, but in any event, at least you have mom to pay for electricity and cook food for you, and at least you have a computer and a basement, which is more than some people can say for themselves.

Chin up! No pouting!
I won't give up on you, Friend. No matter your ugly behavior.
http://s22.postimg.org/ybqk7ai5t/mad.gif



91. Post 13031694 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: julian071 on November 21, 2015, 01:47:48 PM
...
I never got my head around the argument that less spending (=usage) of Bitcoin would somehow be benficial. Seems like a very short-term view to me.

Bro, do you even hodl?
Just buy bitcoins, put them in a paper wallet, and watch them grow! Never spend them, because you won't be as rich -- use worthless fiat to buy things bitcoins.



92. Post 13031773 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: ImI on November 21, 2015, 02:04:37 PM
Here: http://www.ibtimes.co.uk/bitcoin-giant-btcc-launches-priority-blockchain-transactions-its-customers-1529730

Two-tier services for the wealthy elite. Isn't it lovely?

Quote
The company said in a statement that BlockPriority provides expedited confirmations of bitcoin transactions sent through BTCC's services even when the bitcoin network is under stress or undergoing spam attacks.

that basically just means they are paying the fees for their customers. thats all.

pay the fees by yourself in case of a stress situation in the network and you will have the identical outcome. no big deal.

Or just get a Bitcoin credit card. Then, you can transact instantaneously. Problem solved Smiley



93. Post 13033669 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: galdur on November 21, 2015, 06:08:36 PM
An artist or an ape?
...

Whatever it is, turn on the gas!



94. Post 13035392 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: galdur on November 21, 2015, 10:00:13 PM
...
Nono, the purpose is to provoke some weirdos to shout that itīs done for some weirdo purposes when the hidden agenda is just to have a little chuckle.

Priceless. You're the one calling the Paris massacre "false flag," right?

@goldsun: there are other coins, you know Smiley



95. Post 13039392 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: BlindMayorBitcorn on November 22, 2015, 12:28:52 PM
http://3.bp.blogspot.com/-Bdkf5UA0UXA/VUBmEPp4hVI/AAAAAAAAHZA/MlzGcdeErY4/s1600/sad-crying-upset-anne-hathaway-devastated.gif

There are eyes that cannot see
And fingers that cannot touch
That's the way of the world Sad

There are dreams left empty and blank
And legs that have ceased to walk
That's the way of the world Sad

--http://www.flipperrules.com/wp-content/uploads/2009/05/030901-flipper-album_generic_flipper.jpg
Cry Cry Cry Cry Cry Cry Cry Cry Cry



96. Post 13040910 (copy this link) (by makeacake) (scraped on 2020-04-04_Sat_14.34h):

Quote from: hdbuck on November 22, 2015, 04:24:42 PM

They say they are interested in the blockchain technology, but it doesn't work without tokens.

We've heard this one so many times before Roll Eyes

>> 'It's kind of like the tech equity bubble in the run up to 2001' <<

its all here, these suckers are irrelevant to bitcoin and its blockchain.

they just burned tons of cash to mimic commercial banks.

their failure is inevitable and a blessing for the holy ledger.

The fewer people/businesses use bitcoin, the more valuable it is.