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ruski

full member

Activity: 350

Merit: 100

Quote from: caveden on April 24, 2013, 08:51:13 AM

That's false. The block size was limited because that was the easiest solution Satoshi decided to implement in order to prevent people from spamming the blockchain. That was intended to be a temporary solution.. you know, like the second one in this list: https://deconectat.wordpress.com/2010/09/23/top-funny-source-code-comments/

Quote

//somedev1 - 6/7/02 Adding temporary tracking of Logic screen
//somedev2 - 5/22/07 Temporary my ass

OH GOD, I spit my drink out laughing.

Phox

newbie

Activity: 31

Merit: 0

Quote from: Tal1m0n on April 24, 2013, 07:31:44 AM

The pessimists keep comparing Bitcoin to the myth of a tulip craze, .com burst, and beenie baby mania.

Can you show me then, where any of these had a %300 price increase, burst down below single digits just to climb back up again instead of die off completely? Because bitcoin has done this 3 times now, and it appears to be on it's 4th. Each gain reaching new hits and avoiding previous lows.

That doesn't look like "bubbles" to me. It looks like real growth. $250 might be a psychological barrier where people see it and think "okay I'm getting out at this time." but we are likely to surpass that now beyond $500 or maybe even a thousand are very strong possibilities. Then a price correction will occur back down to what would otherwise be a study growth. This is based on the history of bitcoin, assuming it continues to do what it's always done.

The "Bears" don't have a leg to stand on. They never did. Those who keep on talking about tulips can go invest in the USD supported stock market. I'll keep on buying low and selling high in digital currency and making amazing profits from this market that long term wise is so predictable a 12 year old could do it.

+1

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: dakiller on April 24, 2013, 08:40:29 AM

I know why you're here. I know what you've been doing … why you hardly sleep, why you live alone, and why night after night, you sit by your computer watching the charts. You're looking for him. I know because I was once looking for the same thing. And when he found me, he told me I wasn't really looking for him. I was looking for an answer. It's the price that drives us. It's the price that brought you here. You know the trends, just as I did.

What is the Bitcoin worth?

The real price is out there, and it's looking for you, and it will find you if you want it to.

follow the white satoshi? Tongue

dave111223

legendary

Activity: 1190

Merit: 1001

Don't pop the bubble; it won't be air your breathing.

http://www.youtube.com/v/t4UNgdnBTUU

caveden

legendary

Activity: 1106

Merit: 1005

Quote from: ruski on April 24, 2013, 06:56:26 AM

You are now aware that block size was deliberately limited to necessitate the creation of secondary means for storing and making transactions in BTC.

That's false. The block size was limited because that was the easiest solution Satoshi decided to implement in order to prevent people from spamming the blockchain. That was intended to be a temporary solution.. you know, like the second one in this list: https://deconectat.wordpress.com/2010/09/23/top-funny-source-code-comments/

But eventually this limit will be lifted. That might provoke a fork of the network, since some people do prefer to force the scenario you describe (BTC not capable of handling all users transactions, having to operate like a SWIFT 2.0). But eventually most people would migrate to scalable Bitcoin.

dakiller

member

Activity: 174

Merit: 10

I know why you're here. I know what you've been doing … why you hardly sleep, why you live alone, and why night after night, you sit by your computer watching the charts. You're looking for him. I know because I was once looking for the same thing. And when he found me, he told me I wasn't really looking for him. I was looking for an answer. It's the price that drives us. It's the price that brought you here. You know the trends, just as I did.

What is the Bitcoin worth?

The real price is out there, and it's looking for you, and it will find you if you want it to.

GraphicImpulse

member

Activity: 66

Merit: 10

Quote from: nkspace on April 24, 2013, 05:49:44 AM

http://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=q

bitcoin intrest down....... PRICE UP

SUCKERS RALLY

It's funny because he doesn't know how google trends works. I enjoy this.

awakening

full member

Activity: 196

Merit: 100

Quote from: Tal1m0n on April 24, 2013, 07:31:44 AM

The pessimists keep comparing Bitcoin to the myth of a tulip craze, .com burst, and beenie baby mania.

Can you show me then, where any of these had a %300 price increase, burst down below single digits just to climb back up again instead of die off completely? Because bitcoin has done this 3 times now, and it appears to be on it's 4th. Each gain reaching new hits and avoiding previous lows.

That doesn't look like "bubbles" to me. It looks like real growth. $250 might be a psychological barrier where people see it and think "okay I'm getting out at this time." but we are likely to surpass that now beyond $500 or maybe even a thousand are very strong possibilities. Then a price correction will occur back down to what would otherwise be a study growth. This is based on the history of bitcoin, assuming it continues to do what it's always done.

The "Bears" don't have a leg to stand on. They never did. Those who keep on talking about tulips can go invest in the USD supported stock market. I'll keep on buying low and selling high in digital currency and making amazing profits from this market that long term wise is so predictable a 12 year old could do it.

When did you buy ? At 200+$ ? Cheesy

oakpacific

hero member

Activity: 784

Merit: 1000

Quote from: rpietila on April 24, 2013, 04:48:06 AM

Short term false breakout, target: $138.

Hmmm...did you not quietly adjust the target. Roll Eyes

Tal1m0n

newbie

Activity: 13

Merit: 0

The pessimists keep comparing Bitcoin to the myth of a tulip craze, .com burst, and beenie baby mania.

Can you show me then, where any of these had a %300 price increase, burst down below single digits just to climb back up again instead of die off completely? Because bitcoin has done this 3 times now, and it appears to be on it's 4th. Each gain reaching new hits and avoiding previous lows.

That doesn't look like "bubbles" to me. It looks like real growth. $250 might be a psychological barrier where people see it and think "okay I'm getting out at this time." but we are likely to surpass that now beyond $500 or maybe even a thousand are very strong possibilities. Then a price correction will occur back down to what would otherwise be a study growth. This is based on the history of bitcoin, assuming it continues to do what it's always done.

The "Bears" don't have a leg to stand on. They never did. Those who keep on talking about tulips can go invest in the USD supported stock market. I'll keep on buying low and selling high in digital currency and making amazing profits from this market that long term wise is so predictable a 12 year old could do it.

XXthetimeisnowXX

sr. member

Activity: 252

Merit: 250

a wolf in sheeps clothing. suckerfish

Quote from: nkspace on April 24, 2013, 05:09:58 AM

true, noones done beanie babies before, or dot com stocks when it came out, bubble mentality ' noones done this so its going to work', nthis is very entertaining for me, not a question if its going to burst, jsut when

I HAVE NEVER SEEN A JR MEMBER WITH HIS IGNORE BUTTON HIGHLIGHTED IN ORANGE BEFOR HA HA. soon everyone will just push that button and nooooobbbooodddyyyyy will hear your dumb ass remarks.

prob gunna burt around 1200. and be stable around 450. ya you will not see cheep coins again sorry

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: nkspace on April 24, 2013, 06:36:44 AM

price has already gone up........has gone up for th epast year...... google interest down, BITCOIN UP

SUCKERS RALLY

HAHAH the google searches are VASTLY higher than they were a year ago, they only fell to early April numbers which were considered very high at the time. Higher than June 2011...

ruski

full member

Activity: 350

Merit: 100

Quote from: chiropteran on April 24, 2013, 06:58:47 AM

Quote from: ruski on April 24, 2013, 06:56:26 AM

Quote from: chiropteran on April 24, 2013, 06:54:36 AM

I'm going to show them a world without banks.

You are now aware that block size was deliberately limited to necessitate the creation of secondary means for storing and making transactions in BTC.

There are solutions to that need that do not involve centralized banking.

Maybe not central banks, but it will still require banks in the old fashioned sense, if not the same banks that we know today. Mt Gox is essentially a bank.

chiropteran

sr. member

Activity: 348

Merit: 250

Quote from: ruski on April 24, 2013, 06:56:26 AM

Quote from: chiropteran on April 24, 2013, 06:54:36 AM

I'm going to show them a world without banks.

You are now aware that block size was deliberately limited to necessitate the creation of secondary means for storing and making transactions in BTC.

There are solutions to that need that do not involve centralized banking.

ruski

full member

Activity: 350

Merit: 100

Quote from: chiropteran on April 24, 2013, 06:54:36 AM

I'm going to show them a world without banks.

You are now aware that block size was deliberately limited to necessitate the creation of secondary means for storing and making transactions in BTC.

chiropteran

sr. member

Activity: 348

Merit: 250

I know you're out there. I can feel you now. I know that you're afraid. You're afraid of us. You're afraid of change. I don't know the future. I didn't come here to tell you how this is going to end. I came here to tell you how it's going to begin. I'm going to cancel my accounts, and then I'm going to show these people what you don't want them to see. I'm going to show them a world without banks. A world without rules and controls, without borders or boundaries; a world where anything is possible. Where we go from there is a choice I leave to you.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: ruski on April 24, 2013, 06:45:28 AM

Quote from: nkspace on April 24, 2013, 06:36:44 AM

price has already gone up........has gone up for th epast year...... google interest down, BITCOIN UP

SUCKERS RALLY

ROFL!!!

ruski

full member

Activity: 350

Merit: 100

Quote from: nkspace on April 24, 2013, 06:36:44 AM

price has already gone up........has gone up for th epast year...... google interest down, BITCOIN UP

SUCKERS RALLY

Krabby

sr. member

Activity: 644

Merit: 250

https://primedao.eth.link/#/

Quote from: smoothie on April 24, 2013, 06:42:34 AM

Quote from: nkspace on April 24, 2013, 06:36:44 AM

price has already gone up........has gone up for th epast year...... google interest down, BITCOIN UP

SUCKERS RALLY

Jr. Member Bear + Justifying Price To Fall = nkspace

All I read when you post is "I WANNA BUY BACK IN CHEAP!!"

ROFL! Tongue

I want to buy back cheap...

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: nkspace on April 24, 2013, 06:36:44 AM

price has already gone up........has gone up for th epast year...... google interest down, BITCOIN UP

SUCKERS RALLY

Jr. Member Bear + Justifying Price To Fall w/ Lagging Indicator = nkspace

All I read when you post is "I WANNA BUY BACK IN CHEAP!!"

ROFL! Tongue

Topic: . - page 3. (Read 6500 times)