Touched that you thought we might hail from the same place but I'm an Englishman living in Brussels, Belgium!
Where are you from then? Glasgow?
Where are you from then? Glasgow?
Your surname is Scottish (Stuart).
Perth/Dundee area.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29338. (Read 26634254 times)
February 24, 2014, 11:54:14 AM
Your surname is Scottish (Stuart).
Perth/Dundee area.
February 24, 2014, 11:52:55 AM
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
Perhaps I am taking poetic license in claiming that a Bitcoiner has taken a 50% haircut just because Bitcoin is down 50% in the last two months, but perhaps not. billyjoeallen has stated that he maxed out credit cards to buy into Bitcoin back in the day. That means, he didn't have a bean to rub together, and got into debt to invest in Bitcoin. A absolutely crazy risk that only someone 'in the know' or a complete zealot nutter woud take.
In this case, his death or glory gamble has paid off for him. However, because he is the sort of fanatical nutter that would indebt himself in order to get in on a highly volatile asset, I imagine that most of his wealth is still in Bitcoin. If you have followed the bullshit he has polluted these forums with over the past two months you will know that:
A) He is a holder
B) He completely lacks the ability to read markets
Taking all this into consideration, billyjoeallen is probably worth around half of what he was worth in USD two months ago.
It is a fair comment, I think.
That reminds me - got to get down to my local Tunisian barber. A bargain at 6 Euros a shot!
U in Ireland?
I got the impression that you were a fellow Scot.
Touched that you thought we might hail from the same place but I'm an Englishman living in Brussels, Belgium!
Where are you from then? Glasgow?
February 24, 2014, 11:52:27 AM
You don't get it. Bitcoin's success won't be determined by fraudsters, hackers, the media, regulators or the Bitcoin foundation. This only determines the speed of adoption. It only allows smart money to get in at a lower price, improvements of the code, increased transparency and diversification of exchanges which will stabilize things in the future. Almost everything that is bad for Bitcoin the the short term makes it better in the long run. It doesn't even matter if some other cryptocurrency takes top spot. Ten years from no when there is still less than 20 million bitcoin and world population is over 12 billion, it will be worth much more than now.
What you don't get is that the bitcoin code is not special as an invention, but it is special as an innovation. Meaning that it can be copied and improved easily. Meaning it's just a matter of time when it will get replaced.
Only reason why it hasn't been replaced yet is that there are no serious teams with experience and financial backing. Most altcoins are made by students and hobbyists, just for the fun of it. So, it's not hard to understand why there isn't any serious competition yet.
But the time will come, because this idea is an important step in the evolution of finance. To create an transparent open sourced monetary system that is supported by the internet. Bitcoin is too simplistic and childish to fill the shoes of that idea. If bitcoin would have faster development, then I would believe that bitcoin could evolve enough to fit the spot. But to me, it's more probable, that a more capable team will pick up this idea and make something that is better and developing faster.
You clearly have no clue what kind of money is being put in to developing bitcoins business infrastructure. Open source code like this doesn't foster persay private industry development because they can't patent and or sell the code as their own. However bitcoin is inadvertently being funded by all of us when we help build its infrastructure.
February 24, 2014, 11:50:44 AM
At one point btc-e will run with the money as well....for them its even easier than for Mark...the future is in second market exchanges
or a lot of small ones which will have LTC right from the beginnig, cause there is too much money at the older ones and too much
incentive for just running with it-----the central banks by their warnings even are endorsing it--- just watch the show at GOX
Yeah, I agree. The future should be more decentralized. What has to go are pools and privately owned and unregulated exchanges. Something autonomously run has to be created. Hard to see how, but I have a feeling that it can be done.
February 24, 2014, 11:46:55 AM
You don't get it. Bitcoin's success won't be determined by fraudsters, hackers, the media, regulators or the Bitcoin foundation. This only determines the speed of adoption. It only allows smart money to get in at a lower price, improvements of the code, increased transparency and diversification of exchanges which will stabilize things in the future. Almost everything that is bad for Bitcoin the the short term makes it better in the long run. It doesn't even matter if some other cryptocurrency takes top spot. Ten years from no when there is still less than 20 million bitcoin and world population is over 12 billion, it will be worth much more than now.
What you don't get is that the bitcoin code is not special as an invention, but it is special as an innovation. Meaning that it can be copied and improved easily. Meaning it's just a matter of time when it will get replaced.
Only reason why it hasn't been replaced yet is that there are no serious teams with experience and financial backing. Most altcoins are made by students and hobbyists, just for the fun of it. So, it's not hard to understand why there isn't any serious competition yet.
But the time will come, because this idea is an important step in the evolution of finance. To create an transparent open sourced monetary system that is supported by the internet. Bitcoin is too simplistic and childish to fill the shoes of that idea. If bitcoin would have faster development, then I would believe that bitcoin could evolve enough to fit the spot. But to me, it's more probable, that a more capable team will pick up this idea and make something that is better and developing faster.
February 24, 2014, 11:46:21 AM
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
Perhaps I am taking poetic license in claiming that a Bitcoiner has taken a 50% haircut just because Bitcoin is down 50% in the last two months, but perhaps not. billyjoeallen has stated that he maxed out credit cards to buy into Bitcoin back in the day. That means, he didn't have a bean to rub together, and got into debt to invest in Bitcoin. A absolutely crazy risk that only someone 'in the know' or a complete zealot nutter woud take.
In this case, his death or glory gamble has paid off for him. However, because he is the sort of fanatical nutter that would indebt himself in order to get in on a highly volatile asset, I imagine that most of his wealth is still in Bitcoin. If you have followed the bullshit he has polluted these forums with over the past two months you will know that:
A) He is a holder
B) He completely lacks the ability to read markets
Taking all this into consideration, billyjoeallen is probably worth around half of what he was worth in USD two months ago.
It is a fair comment, I think.
That reminds me - got to get down to my local Tunisian barber. A bargain at 6 Euros a shot!
U in Ireland?
I got the impression that you were a fellow Scot.
February 24, 2014, 11:46:10 AM
You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.
You have taken over a 50% haircut on your total worth in the past 2 months u fkn loser, which kind of proves your good fortune has been entirely based on luck.
Why don't u just STFU and finally stop embarrassing yourself?
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
That reminds me - got to get down to my local Tunisian barber. A bargain at 6 Euros a shot!
February 24, 2014, 11:44:06 AM
You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.
You have taken over a 50% haircut on your total worth in the past 2 months u fkn loser, which kind of proves your good fortune has been entirely based on luck.
Why don't u just STFU and finally stop embarrassing yourself?
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
regardless I don't think Billy was a full holder or hodler like my self, and my net worth didn't halve lol
Exactly. Never got the impression he said he'd do pure buy&hold.
I think his point was more, he's actively trading, but he advises the newbies to b&h
February 24, 2014, 11:43:23 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
Forum retard, billyjoeallen has been hoping on the wrong side of the trade to come good all the way down from the ATH, and ramming his 'hopes' down everyone elses throats in the process.
Do what I do. Just remind the fanny that he has lost over 50% of his net worth due to his own stupidity.
how has he done that ?
Holding. With the D prev to the L
bja will speak for himself, but I've been doing roughly the same things at the same times as far as I can tell, and I've been profiting modestly. Since his projections seem to be somewhat better than my own, I would expect him to be profiting more than I, if his execution is comparable to my own. Since my own execution is generally inferior to my projection, it seems likely that his execution is better than my own. In which case his value is likely to have increased substantially more than my own.
But, I would say that encouraging BJA to engage in a pissing contest is not a constructive posture. I had to put him on ignore because I couldn't tolerate his manners, and if you start a pissing contest he's going to splatter all over, and ignore won't protect me.
February 24, 2014, 11:43:17 AM
so guys, just came back online... can someone keep me updated?
someone sells 5000 btc on stamp but the marked is not really impressed. specially the chinese dont care much.
is this bullish or bearish? who sells 5k at once, will he sell another 5k? any more news?
ty
someone sells 5000 btc on stamp but the marked is not really impressed. specially the chinese dont care much.
is this bullish or bearish? who sells 5k at once, will he sell another 5k? any more news?
ty
February 24, 2014, 11:41:56 AM
You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.
You have taken over a 50% haircut on your total worth in the past 2 months u fkn loser, which kind of proves your good fortune has been entirely based on luck.
Why don't u just STFU and finally stop embarrassing yourself?
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
regardless I don't think Billy was a full holder or hodler like my self, and my net worth didn't halve lol
February 24, 2014, 11:41:24 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
Forum retard, billyjoeallen has been hoping on the wrong side of the trade to come good all the way down from the ATH, and ramming his 'hopes' down everyone elses throats in the process.
Do what I do. Just remind the fanny that he has lost over 50% of his net worth due to his own stupidity.
how has he done that ?
Holding. With the D prev to the L
Ah... I see so using a crystal ball then.
February 24, 2014, 11:39:41 AM
You gotta love how MR. Civility shows he's just as vulgar as the rest of us when he's almost right. Congrats, Bro. Now you're still wrong and you have no moral high ground. I've made more fiat, more BTC, and shown you to be a hypocrite. If that's what it takes to be a dumb fuck, I'll take it.
You have taken over a 50% haircut on your total worth in the past 2 months u fkn loser, which kind of proves your good fortune has been entirely based on luck.
Why don't u just STFU and finally stop embarrassing yourself?
Don't know about Mr Allen, but where do you get it from that because we're in a bear market your total worth has to have taken a 50% hair cut?
February 24, 2014, 11:38:25 AM
Yeah thats it....leave this corrupted, criminal territory where the bitcoinfoundation and Goldman Sucks are thiefing people
and get into Litecoin instead....the cryptocurrency for peer -to-peer honest people !
and get into Litecoin instead....the cryptocurrency for peer -to-peer honest people !
I also think that when I'll invest back, then I'll probably start fresh with a new crypto. What I don't like about the Litecoin market, is the single entity (or as I like to call him "The Litecoin Butcher") with it's constant 2mil.$+ buy and sell walls at BTC-E LTC market.
Considering the fact that BTC-E owners are unknown, then I seriously doubt that someone will trust this amount of money to them, if that someone isn't an insider. It doesn't make the market very attractive if you know that you are at the mercy of an single entity
At one point btc-e will run with the money as well....for them its even easier than for Mark...the future is in second market exchanges
or a lot of small ones which will have LTC right from the beginnig, cause there is too much money at the older ones and too much
incentive for just running with it-----the central banks by their warnings even are endorsing it--- just watch the show at GOX
February 24, 2014, 11:36:06 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
Forum retard, billyjoeallen has been hoping on the wrong side of the trade to come good all the way down from the ATH, and ramming his 'hopes' down everyone elses throats in the process.
Do what I do. Just remind the fanny that he has lost over 50% of his net worth due to his own stupidity.
how has he done that ?
Holding. With the D prev to the L
February 24, 2014, 11:34:56 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
Forum retard, billyjoeallen has been hoping on the wrong side of the trade to come good all the way down from the ATH, and ramming his 'hopes' down everyone elses throats in the process.
Do what I do. Just remind the fanny that he has lost over 50% of his net worth due to his own stupidity.
how has he done that ?
February 24, 2014, 11:34:46 AM
The media may be a joke in an intellectual aspect, but it does have influence among the majority. Bitcoiners tend to forget how important is this halo of freedom and liberty that glows around bitcoin. Bitcoin is mostly sold by arguments that by investing in bitcoin, you are investing against global banking and you are pro-freedom. Most of bitcoin success has been caused by the failures of global banking and the increasing unpopularity that comes with it. If it turns out that bitcoin is no different, and you still have to trust fraudalent people for it to hold value, then it's very hard to sell bitcoin.
You don't get it. Bitcoin's success won't be determined by fraudsters, hackers, the media, regulators or the Bitcoin foundation. This only determines the speed of adoption. It only allows smart money to get in at a lower price, improvements of the code, increased transparency and diversification of exchanges which will stabilize things in the future. Almost everything that is bad for Bitcoin the the short term makes it better in the long run. It doesn't even matter if some other cryptocurrency takes top spot. Ten years from no when there is still less than 20 million bitcoin and world population is over 12 billion, it will be worth much more than now.
February 24, 2014, 11:34:38 AM
damn virtex didn't sell... no bids filled 
that drop and recovery was just too damn fast.
i'm still hopeful gox news will hit us with a worthy dip tho...
looking forward to quadruple bottom
that drop and recovery was just too damn fast.
i'm still hopeful gox news will hit us with a worthy dip tho...
looking forward to quadruple bottom
February 24, 2014, 11:27:19 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
Forum retard, billyjoeallen has been hoping on the wrong side of the trade to come good all the way down from the ATH, and ramming his 'hopes' down everyone elses throats in the process.
Do what I do. Just remind the fanny that he has lost over 50% of his net worth due to his own stupidity.
February 24, 2014, 11:19:37 AM
I am a true believer, which, considering I rejected both patriotism and Christianity as both insufficiently supported by the evidence, should give you pause. These were beliefs I was indoctrinated with since birth. Empirical skepticism is my modus operandi. So I wouldn't be betting my life savings on something just because I WANT it to work. It will work. If I made a wrong call and the market drops from here, you know who will bail me out? That guy with the sexy mother who hates my guts. He'll buy lower and someone else will buy lower than him. That's anti-fragile. The worse the price gets, the more attractive it is for someone looking to get in cheap.
Well, you can always hope. You also hoped that 530 was the bottom that marked the start of an uptrend. Let's see where these hopes will get you.
I only find it amusing that you present your personal hopes as solid speculations. If it's your goal to amuse people with this entertainment, then no problem.
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