Concerns about the fluctuation, even dramatic, of the price of Bitcoin... - page 2.

aq

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Quote from: Alex Zee on September 06, 2011, 07:50:08 AM

Quote from: aq on September 06, 2011, 07:38:50 AM

Maybe someone else wants to finish it.

Ideas are cheap. Anyone can say "I want to live on the moon". Yeah, that's a neat idea.
The question is - how are you going to do it? Implementation is everything. Small day-to-day decisions during project development.

So, sorry, I see no point, let's leave it at that.

So in essence there is no prove that you even have an idea, let alone some project on hold Sad

Alex Zee

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Quote from: aq on September 06, 2011, 07:38:50 AM

Maybe someone else wants to finish it.

Ideas are cheap. Anyone can say "I want to live on the moon". Yeah, that's a neat idea.
The question is - how are you going to do it? Implementation is everything. Small day-to-day decisions during project development.

So, sorry, I see no point, let's leave it at that.

aq

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Quote from: Alex Zee on September 06, 2011, 07:05:33 AM

Quote from: aq on September 06, 2011, 06:53:20 AM

Care to tell us anything about this "big project"? I mean it is on hold anyway...

No. Precisely because it is on hold and there is nothing to show.

What's the point? To gather all the "boo's" from all the booers? When something is done you can always tell them - "say what you want, but this is done and working".
When there is nothing to show - what's the point?

Quote from: aq on September 06, 2011, 06:53:20 AM

and maybe it is a good idea and some other developer does not care as much as you about BW/mybitcoin.

Maybe someone else wants to finish it.

Alex Zee

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Quote from: aq on September 06, 2011, 06:53:20 AM

Care to tell us anything about this "big project"? I mean it is on hold anyway...

No. Precisely because it is on hold and there is nothing to show.

What's the point? To gather all the "boo's" from all the booers? When something is done you can always tell them - "say what you want, but this is done and working".
When there is nothing to show - what's the point?

aq

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Quote from: Alex Zee on September 06, 2011, 06:32:51 AM

Quote from: aq on September 06, 2011, 06:06:54 AM

So apparently your project depend on BW and/or mybitcoin...

Apparently?! Who's trolling now?

Let us go over your points:

Quote from: Alex Zee on September 06, 2011, 02:44:22 AM

I've started a big project, now it is on hold for several month already.

Reasons? Total mess and lack of clear leadership of BitCoin (not that I pretend), uncertain BitCoin fate with all the scandals, hacks, legal problems, scalability issues, and again - the general mess and the amount of morons, nobody can do anything about.

No fundamentals have changed. Bitcoin is the same as a few month ago.
I guess with scandals you mean BW, and by hacks you mean mybitcoin.
There are no other issues in bitcoin, apart from very imaginary ones like it could not be up to task of serving billions of users *tomorrow*.
I really hope your project does not depend on the actual number of morons on this very forum.
So that leaves only BW and mybitcoin.

Care to tell us anything about this "big project"? I mean it is on hold anyway, and maybe it is a good idea and some other developer does not care as much as you about BW/mybitcoin.

Jeremy West spendbitcoins.com

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Quote from: Eli on September 06, 2011, 01:41:21 AM

Quote from: ThiagoCMC on September 06, 2011, 12:30:23 AM

for now the only things that people are buying with Bitcoins are USD and drugs, but that's going to change soon with the advent of high-quality developers backed by high-equity funding.

Can you buy USD or drugs on Amazon now? 'Cause there are lots of people buying stuff on Amazon through http://spendbitcoins.com Wink

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Technomage

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Affordable Physical Bitcoins - Denarium.com

Here is a very recent IRC-log from just a few minutes ago, from the owner of Mt. Gox:

[14:23:25] <@free'MagicalTux> btw I see that most of the bitcoins we were watching (stolen coins) were sold today
[14:25:26] <@free'MagicalTux> TuxBlackEdo: no, stolen coins from other police reports
[14:25:38] <@free'MagicalTux> however we don't have enough proof to do anything
[14:25:43] <@free'MagicalTux> there is only reports from people

Timestamp is Finnish time. It's an interesting bit of information. Seems that thiefs have been accelerating the sell-off significantly.

Alex Zee

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Quote from: aq on September 06, 2011, 06:06:54 AM

So apparently your project depend on BW and/or mybitcoin...

Apparently?! Who's trolling now?

stergium

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Quote from: GeniuSxBoY on September 06, 2011, 02:23:07 AM

Also, mtgox screwed mtgoxlive up. The graphs are not at all even close to accurate

actually greedy and /or naive miners did (and do ) have something to do with the price.
when you actually expect to sell @ 10$, 8$ , 6$ ... it is going to get ugly. Until someone with resources decides to buy it in just before the next bubble.
as for the tesla subject that someone mentioned.
i think that tesla was working with dc. global electricity is used with ac.

aq

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Quote from: Alex Zee on September 06, 2011, 02:44:22 AM

Quote from: ThiagoCMC on September 06, 2011, 02:04:10 AM

Money is a false incentive.

Exactly. I am a developer. Money is not the issue.

I've started a big project, now it is on hold for several month already.

Reasons? Total mess and lack of clear leadership of BitCoin (not that I pretend), uncertain BitCoin fate with all the scandals, hacks, legal problems, scalability issues, and again - the general mess and the amount of morons, nobody can do anything about.

It's just a mess now. I guess we have to let it sort of die out, the price to drop to 1-2 dollars, morons get tired and move to new online "adventures" and then this project can quietly and slowly begin to evolve into something usable...

So apparently your project depend on BW and/or mybitcoin, so it is great that it wont see the light.
If not, nice trolling attempt.

Technomage

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Affordable Physical Bitcoins - Denarium.com

There is no mess going on with Bitcoin right now. Is someone still thinking about Bruce Wagner or the hacks? Who cares? The security in sites such as Mt. Gox has been improved very significantly, Tradehill has been secure from the start and is building the Bitcoin.com site which will include a site similar to Mybitcoin in functionality.

On top of that we're probably very close to the release of new Bitcoin wallet with built-in encryption etc. This whole thing is just getting started. The reason the price drops right now is three-fold, 1) There are morons out there who think Bruce Wagner matters and sell 2) There has not been major hype for Bitcoin in a while 3) And this is the most important: traders have seen a downward trend and they have been selling.

So what needs to happen is a) people forgetting about the bad stuff that has happened during the last few months b) we need to build infra and services and get some good news coverage again c) show the traders there is an upward trend

ThiagoCMC

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฿itcoin: Currency of Resistance!

Quote from: Vod on September 06, 2011, 04:27:12 AM

Quote from: ThiagoCMC on September 06, 2011, 02:04:10 AM

Don't you know about Nikola Tesla?! He did all he did, not for money. We have global electricity, he develop and built the first hidroelectric power plant FOR US! For no money. He was a real human being.
Thiago

Have you been watching the National Geographic channel "Known Universe" marathon? They just had a segment on Nikola Tesla and his coil. Neat stuff!

SURE!!! :-D

I'm gonna rebuild the Wardenclyffe Tower, to send Wireless Electricity, voice and data, to entire Planet Earth, free for all. I'll continue the work of Tesla, with Bitcoins!!!

I'm a HUGE fan of Tesla, I read a lot of books from him, plus some patents... Tesla rulez!! :-D

They tried to make the world forget his name - Nikola Tesla the greatest Inventor of all time:
http://www.youtube.com/watch?v=DaxD_4n3KMg

Cheers!
Thiago

ThiagoCMC

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฿itcoin: Currency of Resistance!

Quote from: David M on September 06, 2011, 04:19:56 AM

Quote from: theymos on September 06, 2011, 02:45:59 AM

In my opinion, the best thing for Bitcoin at this point would be a couple of quiet years without much of the crazy adoption/growth/"ungrowth" that we've seen recently. In that time, the client could become rock solid and infrastructure (exchanges, etc.) could become well-established. It seems that things will continue to go fast, though.

Markets give you what you deserve, not what you want.

The beautiful Bitcoin, swimming in the creative destruction.

Markets give you what you can pay for.

And if you aren't able to pay for food, you will gonna die. Following the "laws of the market" as "we" do today...

Even if there is a lot of food on Earth... Markets tell you to let the food rot, and to not donate.

All in the name of profit.

Vod

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Licking my boob since 1970

Quote from: ThiagoCMC on September 06, 2011, 02:04:10 AM

Don't you know about Nikola Tesla?! He did all he did, not for money. We have global electricity, he develop and built the first hidroelectric power plant FOR US! For no money. He was a real human being.
Thiago

Have you been watching the National Geographic channel "Known Universe" marathon? They just had a segment on Nikola Tesla and his coil. Neat stuff!

David M

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Quote from: theymos on September 06, 2011, 02:45:59 AM

In my opinion, the best thing for Bitcoin at this point would be a couple of quiet years without much of the crazy adoption/growth/"ungrowth" that we've seen recently. In that time, the client could become rock solid and infrastructure (exchanges, etc.) could become well-established. It seems that things will continue to go fast, though.

Markets give you what you deserve, not what you want.

The beautiful Bitcoin, swimming in the creative destruction.

ThiagoCMC

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Activity: 1204

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฿itcoin: Currency of Resistance!

Quote from: terryfkwit on September 06, 2011, 02:48:59 AM

thiago you are 100% right the success of linux(now android and the many other linux ofshoots) and bit torrent are all entirely due to the power of the open source concept. this why we trust it we don't want bitcoin to become dll(microsoft) city of closed and locked boxes. Lack of transparency weakens all technology and also creates distrust... The transparency of open source is entirely what has and always will ensure the bitcoin's success...

AMEN

AMEN!!! LOL Grin

ThiagoCMC

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฿itcoin: Currency of Resistance!

Quote from: theymos on September 06, 2011, 02:45:59 AM

Agreed. I won't be too concerned as long as the price is above $0.01. It's amazing that a decentralized cryptocurrency has any value, much less a value greater than the dollar.

In my opinion, the best thing for Bitcoin at this point would be a couple of quiet years without much of the crazy adoption/growth/"ungrowth" that we've seen recently. In that time, the client could become rock solid and infrastructure (exchanges, etc.) could become well-established. It seems that things will continue to go fast, though.

I'm with you!!!
We are already at this wave... Go surfing!!

ThiagoCMC

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฿itcoin: Currency of Resistance!

Quote from: Alex Zee on September 06, 2011, 02:44:22 AM

Quote from: ThiagoCMC on September 06, 2011, 02:04:10 AM

Money is a false incentive.

Exactly. I am a developer. Money is not the issue.

I've started a big project, now it is on hold for several month already.

Reasons? Total mess and lack of clear leadership of BitCoin (not that I pretend), uncertain BitCoin fate with all the scandals, hacks, legal problems, scalability issues, and again - the general mess and the amount of morons, nobody can do anything about.

It's just a mess now. I guess we have to let it sort of die out, the price to drop to 1-2 dollars, morons get tired and move to new online "adventures" and then this project can quietly and slowly begin to evolve into something usable...

FINALLY!!!

Lets talk about your projects! About the Bitcoin development... Do not be discouraged now because of the apparent mess, it's easy to rearrange and, maybe this is just a cloud of dust in front of a great thing... The Bitcoin itself... It is there, shining, but we only can see it through the Hubble Space Telescope infrared cams... lol

The Bitcoin development needs of nontechnical people involved. And this asks for a kind of "Interface" to the Bitcoin future, where everybody can participate.

The Bitcoin-Development mailing list as a few messages per day... I'm reading it one per week, I like it... Go ahead and sign up there!

Best!

ptshamrock

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Quote from: niko on September 06, 2011, 03:21:44 AM

Thank you for a reasonable post. We got ahead of ourselves in many ways, and like it or not this price drop will give us time and reason to focus on real challenges. We'll lose most of impatient (now upset) speculators who were only doing damage to the system hoping to profit fast out of thin air. Good riddance.
The past year or so, if nothing else, has taught us that even in this early stage Bitcoin is resilient - it survived major attacks and scams, and a speculation bubble. I'll keep mining, and I look forward to exchanging my coins for goods and services. Not tomorrow, not next month.

+1 !

niko

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There is more to Bitcoin than bitcoins.

Thank you for a reasonable post. We got ahead of ourselves in many ways, and like it or not this price drop will give us time and reason to focus on real challenges. We'll lose most of impatient (now upset) speculators who were only doing damage to the system hoping to profit fast out of thin air. Good riddance.
The past year or so, if nothing else, has taught us that even in this early stage Bitcoin is resilient - it survived major attacks and scams, and a speculation bubble. I'll keep mining, and I look forward to exchanging my coins for goods and services. Not tomorrow, not next month.

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