Throwing in the towel - page 5. | Bitcointalksearch.org

chsados

hero member

Activity: 662

Merit: 545

Quote from: GeniuSxBoY on February 14, 2012, 01:45:54 AM

The international banking and media mafia controls all.

Bitcoin is no longer a secret and they are quickly cutting off.

They are also closing in on all "piracy" sites.

Freedom on the Internet is soon to be a story to tell the kids.

Freedom in real life is soon to be a story to tell the kids.

OWNED.

I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)

All we got left is Mt.Gox.

rapeghost

sr. member

Activity: 419

Merit: 250

Quote from: cpt_howdy on February 14, 2012, 06:25:15 AM

Quote from: Edward50 on February 14, 2012, 01:42:35 AM

One thing I have learned from bitcoins and I have been saying this for a while now is no matter how much you think bitcoins reached bottom and will not go lower, it has always gone lower and will go lower.

As far as I can see, on the grand scale, bitcoins always bottom out *higher* than the previous drop(https://bitcointalksearch.org/topic/m.732277):

Nice to see not everyone on this forum is an idiot. Cheers !

cpt_howdy

member

Activity: 70

Merit: 10

Quote from: Edward50 on February 14, 2012, 01:42:35 AM

One thing I have learned from bitcoins and I have been saying this for a while now is no matter how much you think bitcoins reached bottom and will not go lower, it has always gone lower and will go lower.

As far as I can see, on the grand scale, bitcoins always bottom out *higher* than the previous drop(https://bitcointalksearch.org/topic/m.732277):

rapeghost

sr. member

Activity: 419

Merit: 250

Quote from: GeniuSxBoY on February 14, 2012, 01:45:54 AM

The international banking and media mafia controls all.

Bitcoin is no longer a secret and they are quickly cutting off.

They are also closing in on all "piracy" sites.

Freedom on the Internet is soon to be a story to tell the kids.

Freedom in real life is soon to be a story to tell the kids.

OWNED.

I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)

All we got left is Mt.Gox.

Your ignorance is amazing to me. There are plenty of markets besides MtGox. Try google.

Technomage

legendary

Activity: 2184

Merit: 1056

Affordable Physical Bitcoins - Denarium.com

Quote from: Herodes on February 14, 2012, 03:28:44 AM

Interesting to see how this sub forum most of the time over reacts to events.

Be it positive or negative.

Tradehill stopped trading, there's others that will fill their place.

Nothing fundamental changed.

Take it easy folks, no reason to panic.

+1

For an European Tradehill was a bad option anyway. Happily we have good options these days such as Intersango and Cryptoxchange. Mt. Gox is good for deposits. Tradehill sucked both ways.

istar

hero member

Activity: 523

Merit: 500

Tradehill?

We got:
CryptoXchange, Intersango, Mtgox etc etc.

bb113

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Activity: 728

Merit: 500

Quote from: GeniuSxBoY on February 14, 2012, 03:00:52 AM

For those of you that haven't seen his last episode after being fired for telling the truth, here it is:

http://youtu.be/q3wATmc93Lc

This reminds me of "The Network"

Herodes

hero member

Activity: 868

Merit: 1000

Interesting to see how this sub forum most of the time over reacts to events.

Be it positive or negative.

Tradehill stopped trading, there's others that will fill their place.

Nothing fundamental changed.

Take it easy folks, no reason to panic.

legitnick

hero member

Activity: 532

Merit: 500

better luck next time Grin

GeniuSxBoY

hero member

Activity: 616

Merit: 500

For those of you that haven't seen his last episode after being fired for telling the truth, here it is:

http://youtu.be/q3wATmc93Lc

farfiman

legendary

Activity: 1449

Merit: 1001

How many coins are "on the market" being bought and sold?
This relatively small amount is not the true price of bitcoin
There are 8M+ more coins out there and plenty of development going
on .

I have never sold even 1 bitcoin.
I have used some coins.

speculators....

farfiman

legendary

Activity: 1449

Merit: 1001

Quote from: GeniuSxBoY on February 14, 2012, 02:37:05 AM

http://www.youtube.com/embed/fOaCemmsnNk

meh... just click the link

Mostly all true... sadly...

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: cbeast on February 14, 2012, 02:00:01 AM

Even if mtgox price goes to $1 there will still be a massive Bitcoin Network and development. Trading will fluctuate at this low level until a billion dollar niche market is filled by some bitcoin entrepreneur. I wish I was a Genius Boy so I could write software that integrates bitcoin for nano transactions.

You have to think some big techie firm or corporate behemoth is looking in on us, and thinking of buying into crypto-currency
while its still cheap. That's the smart play.

bb113

hero member

Activity: 728

Merit: 500

The manipulation has been here and evident to all since at least last summer.

Check the poll I made a few weeks ago (https://bitcointalksearch.org/topic/lets-find-out-just-how-powerful-the-manipulator-really-is-61151), there are many people on this forum who say they are playing bitcoin speculation with $1k or more. Look at at the stats from the poll, account for the noise inherent to forum polls, and figure a way to guess how many people are trading on gox with how much. Then realize that how much confidence you place in this method is almost completely subjective.

The wall at 5.60 didn't get taken down, it was removed and the price followed. This has been status qou, if you don't realize there is a hierarchy of "manipulators" with 1k, 10k, 100k, 1M by now you haven't been around very long or haven't been paying attention.

If all the centralized exchanges get taken down it won't be a big deal in the long run unless people get locked out of their money*. Everyone should realize the exchanges are the weak point. What I want to know is the Mt Gox/Bitcoinica contingency plans for this scenario. That is the biggest unknown right now, and perhaps they shouldn't publish it. I bet the people with alot of money in there already have something set up.

*Please correct me on this if someone has fundamental doubts regarding a decentralized exchange.

GeniuSxBoY

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Activity: 616

Merit: 500

http://www.youtube.com/embed/fOaCemmsnNk

meh... just click the link

StewartJ

sr. member

Activity: 392

Merit: 250

Mt Gox is a centralized bitcoin exchange that also happens to own the Bitcoin Forum.
Way too much control, the anti-thesis of what Bitcoins are suppose to be about.

This is why we need a peer-to-peer crypto-currency exchange:

https://bitcointalksearch.org/topic/please-delete-62879

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Quote from: GeniuSxBoY on February 14, 2012, 01:45:54 AM

The international banking and media mafia controls all.

Bitcoin is no longer a secret and they are quickly cutting off.

Who are "they" ?

Quote

They are also closing in on all "piracy" sites.

Freedom on the Internet is soon to be a story to tell the kids.

Freedom in real life is soon to be a story to tell the kids.

OWNED.

?

Quote

I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)

All we got left is Mt.Gox.

1. Tradehill is seeking MSB partners in the US. They have to comply with US law.
2. Bitscalper: Even bringing Bitscalper up as some sort of counterpart to Tradehill or Paxum is laughable. It's been a ponzi from day 1. Everyone here who's got two braincells to rub together *knows this*.
3. Paxum is heavily linked in to the CC industry. They are a visa/mastercard shop.

So, what is your point? I'm lost.

bitcon

legendary

Activity: 2212

Merit: 1008

Quote from: GeniuSxBoY on February 14, 2012, 01:45:54 AM

The international banking and media mafia controls all.

Bitcoin is no longer a secret and they are quickly cutting off.

They are also closing in on all "piracy" sites.

Freedom on the Internet is soon to be a story to tell the kids.

Freedom in real life is soon to be a story to tell the kids.

OWNED.

I don't see bitcoin bouncing back from the lastest string of bad news. (Tradehill, bitscalper, paxum)

All we got left is Mt.Gox.

i agree with this, but as long as we have TOR and Newsgroups, they can't control everything. Hackers will always come up with new techniques. Bitcoin really needs to have quite a few more reliable and honest exchanges and retailers accepting the currency for it to have a fighting chance.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Even if mtgox price goes to $1 there will still be a massive Bitcoin Network and development. Trading will fluctuate at this low level until a billion dollar niche market is filled by some bitcoin entrepreneur. I wish I was a Genius Boy so I could write software that integrates bitcoin for nano transactions.

GeniuSxBoY

hero member

Activity: 616

Merit: 500

There's always the people that are willing to go down with the ship.

Topic: Throwing in the towel - page 5. (Read 12673 times)