Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24505.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: JorgeStolfi on November 16, 2014, 11:17:34 AM

Huobi troubles:
http://www.reddit.com/r/Bitcoin/comments/2mdtxl/huobi_takes_1271000_usd_from_users_profits_during/

Quote

On Friday Nov 14th, 2014, BitVC, a subsidiary of the Chinese exchange Huobi, announced its futures trading platform has lost more than 3200 BTC (about $1,271,000 USD) this past week, and forced the users who won money that week to spread the loss, taking away 46.1% of all users profits that week. [ ... ]

Look how cuuute, just like big papa bank... Tongue

Loool

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Auxi on November 16, 2014, 11:05:14 AM

OP, update poll, please!

OP is

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Huobi troubles:
http://www.reddit.com/r/Bitcoin/comments/2mdtxl/huobi_takes_1271000_usd_from_users_profits_during/

Quote

On Friday Nov 14th, 2014, BitVC, a subsidiary of the Chinese exchange Huobi, announced its futures trading platform has lost more than 3200 BTC (about $1,271,000 USD) this past week, and forced the users who won money that week to spread the loss, taking away 46.1% of all users profits that week. [ ... ]

Look how cuuute, just like big papa bank... Tongue

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: Dotto on November 16, 2014, 11:01:34 AM

When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?

Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle

short are already squezzed... btc swap demand at bitfinex are dwindling

Auxi

sr. member

Activity: 378

Merit: 250

OP, update poll, please!

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Dotto on November 16, 2014, 11:01:34 AM

When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?

Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle

Not soon. Above $600 is my guess, or maybe not at all.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Erdogan on November 16, 2014, 10:31:24 AM

Here is one expert, cato daily, from the monetary conference.
Kevin Dowd, an adjunct scholar at the Cato Institute:

http://www.cato.org/multimedia/daily-podcast/unfortunate-future-bitcoin

"bitcoin will crash to zero, get out now! Yes, I am disappointed too."

Check out his reasoning: Loss of confidence.

And Cato is one of the best sources, committed to liberty.

I understood his reasoning was centralization of mining due to "atomic competition needed" vs. "economies of scale" problem. Loss of confidence is just the endgame (the last domino to fall, using his words), not the reason.

I find his reasoning problematic. Not saying it's wrong, but it's just not as clear-cut a case as he makes it out to be.

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

When are we going to see THE HERSELF MOTHER OF ALL SHORTS SQUEEZES?

Serious question. Hey, you Mr Whale, make it happen for all to see the spectacle

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: wmr42393 on November 16, 2014, 10:58:18 AM

...
we are not friends...

wmr42393

member

Activity: 77

Merit: 10

Quote from: NotLambchop on November 16, 2014, 10:43:02 AM

OK, Buddy, here's why:

Why do you consider me your buddy?

we are not friends, do you have memory issues? Roll Eyes

YogoH

sr. member

Activity: 280

Merit: 250

Quote from: Erdogan on November 16, 2014, 10:31:24 AM

Here is one expert, cato daily, from the monetary conference.
Kevin Dowd, an adjunct scholar at the Cato Institute:

http://www.cato.org/multimedia/daily-podcast/unfortunate-future-bitcoin

"bitcoin will crash to zero, get out now! Yes, I am disappointed too."

Check out his reasoning: Loss of confidence.

And Cato is one of the best sources, committed to liberty.

Watch their conference. They are basically say bitcoin will fail and the non-mining coins will be far superior. Also that the 10 minute block timer for bitcoin is too slow. Regulations will crush it.

http://www.cato.org/multimedia/events/32nd-annual-monetary-conference-panel-1

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: wmr42393 on November 16, 2014, 10:46:23 AM

Quote from: NotLambchop on November 16, 2014, 10:43:02 AM

...

Why do you keep posting the word "why" over and over again? do you have some memory issues?

Why don't you answer any questions?

Why do you love Putin Huilo so much?

Why are you here if bitcoin is so worthless?

OK, Buddy, here's why:
1. The image is a teaching aid. Though some children learn quickly, others, such as yourself, have what you've so eloquently described as "memory issues." For you, endless repetition holds the most promise.

2. Stop obsessing with Putin.

3. I'm here because I hold Bitcoin, and trade it like a red-headed stepchild.
And because I'm on Satoshi's payroll.

All of this has been said before, but you've forgotten already. That's why things have to be repeated.
See?

YogoH

sr. member

Activity: 280

Merit: 250

please take this shit to PM, or at least snip the fucking quotes

wmr42393

member

Activity: 77

Merit: 10

Quote from: NotLambchop on November 16, 2014, 10:43:02 AM

Quote from: wmr42393 on November 16, 2014, 10:40:25 AM

why do yo keep posting the same picture over and over again? do you have some memory issues?

Why do you keep posting the word "why" over and over again? do you have some memory issues?

Why don't you answer any questions?

Why do you love Putin Huilo so much?

Why are you here if bitcoin is so worthless?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: wmr42393 on November 16, 2014, 10:40:25 AM

Quote from: NotLambchop on November 16, 2014, 10:24:11 AM

why do yo keep posting the same picture over and over again? do you have some memory issues?

Why do you keep posting the word "why" over and over again? do you have some memory issues?

wmr42393

member

Activity: 77

Merit: 10

Quote from: NotLambchop on November 16, 2014, 10:24:11 AM

why do yo keep posting the same picture over and over again? do you have some memory issues?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Erdogan on November 16, 2014, 10:34:35 AM

...
I don't understand, did you hide an argument in this nonsense?

You don't understand because you're not too bright/chose to huff gasoline instead of doing your homework.

Hope this helps

NotLambchop

sr. member

Activity: 378

Merit: 254

>Cato Institute

Loooool, just peed myself a little Cheesy

Good one, bro! Cheesy

~NotLambchop, PhD DMD DD DMT

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: NotLambchop on November 16, 2014, 10:24:11 AM

Quote from: Erdogan on November 16, 2014, 10:03:02 AM

Quote from: NotLambchop on November 16, 2014, 07:09:07 AM

Quote from: Erdogan on November 16, 2014, 06:11:22 AM

...
Fiat is designed to lose value, 2 percent in some countries, 2 1/2 in others. Bitcoin not.

Bitcoin's doing just fine on that front lately, regardless of design

Quote

...Holding today means speculation that a large number of people will discover the same thing. I think they will, and one of the reasons it goes slowly is the vast amount of nonunderstanding of the value of money problem among people who have understanding money as their job.

The professionals and academics nonunderstand money, but you, Erdogan, veryunderstand it goodly.
...or might you be unsane?

Perfect description, i veriunderstand goodly. Read the so called experts, they are full of stupid consensus related nonsense, and full of contradictions.

Experts = "so-called experts," consensus of the educated = "stupid ... nonsense."
Illiterate d00d from the interwebs = real learningz. Gotcha.

Quote

By the way, the 2 percent price inflation is not really 2 percent forever, it takes only a change of mind of a few persons at a central bank to change it to 10 or whatever...

Lol, that's how smart money works. See explanation by wikip gubermint stooges: http://en.wikipedia.org/wiki/Federal_Reserve_System#Elastic_currency

Quote

Edit: This is not the place to flash names of famous people, only arguments are good.

Non-sequitur?

Edit:

I don't understand, did you hide an argument in this nonsense?

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