but CCMF sounds right.
with this new higher low, that bottom is looking solid.
we're seeing a rising price when the market isn't taking heavy fire.
1800$ in 14 business days?
i think so....
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29547. (Read 26609702 times)
February 17, 2014, 11:08:44 PM
i have no clue what you've all been trolling about, i've been a busy bee..
but CCMF sounds right.
with this new higher low, that bottom is looking solid.
we're seeing a rising price when the market isn't taking heavy fire.
1800$ in 14 business days?
i think so....
but CCMF sounds right.
with this new higher low, that bottom is looking solid.
we're seeing a rising price when the market isn't taking heavy fire.
1800$ in 14 business days?
i think so....
February 17, 2014, 11:06:34 PM
February 17, 2014, 11:06:05 PM
Ccmf!
Do you know something we don't?
I am encouraged by your comment though!
Edit: I guess there was a "huge" buy on GOX? Sad that it only puts it at around $350. Oh well. It is a start I guess.
February 17, 2014, 11:02:56 PM
February 17, 2014, 11:01:44 PM
Oh, interesting! Explain me then, what is the true value of bitcoin.
To quote Michael Faraday: Of what use is a newborn baby?
That's a good point!
There are many people here who have the same level of emotional attachment to bitcoin then to an newborn baby.
To them, it seems righteous and just. To me it looks like cult behavior revolving around a materialistic product.
February 17, 2014, 10:58:30 PM
Oh, interesting! Explain me then, what is the true value of bitcoin.
To quote Michael Faraday: Of what use is a newborn baby?
February 17, 2014, 10:58:23 PM
Can you tell me the names of the known people who own 6mil bitcoins together? or even 2mil? or 1mil?
Net says that Satoshi owns 1 M pre-mined BTC, perhaps other "founding fathers" too? Although of course they are not "known people".
Bitcoins are pre-mined now, Mr Stanford educated computer scientist? Get thee to the developer forum, go!
I'm tempted to email Mr. Stolfi at his University address and let him know there's someone here impersonating him who can't perform high school level research. The imposter is tarnishing what reputation Stolfi might have had outside this forum.
February 17, 2014, 10:52:17 PM
gaijin otaku
sips candy frappucino
bitcoinica paid
++ sips candy frappucino
bitcoinica paid
February 17, 2014, 10:51:15 PM
... no need to bring an assault rifle to a school yard pissing contest ...
February 17, 2014, 10:49:57 PM
That 1200 bid wall on gox gonna get pulled and cause some tears.
It moved up from like 1600 @ 295 earlier.
Hmmmm?
February 17, 2014, 10:48:58 PM
Yep. bitcoin was only good for buying drugs before I got into it ... after that it was only a gimmick.
It's a gimmick in finance, but it's pretty practical in gambling.
You haven't mentioned that it is now an established network protocol yet.
I thought your erudite analysis of why it was going to become obsolete in 2-3 years would need to address that?
PS: Leave the potty-mouth insolence at the door.
Even if the bitcoin code could be considered as an established network protocol, it wouldn't mean that bitcoin units will have any value in the future. It would only mean that the same protocol will be used in the future to create new currencies with new units.
But I hardly believe that future developers will use the bitcoin code. Using bitcoin code to create altcoins will stay in time when only hobbyists and students created new coins for fun. If cryptos will be an serious financial tool, then the bitcoin code will be history.
... i guess this is the speculation thread. Unsubstantiated, opinionated diatribe can pass for commentary i suppose.
Looking at your posts that were directed at me.. I only have to say that I suppose so.
Edit: Sadly I think that the main faults are in the core of bitcoin and can't be fixed. Faults like deflation and how it promotes increasing use of hardware, while not actually offering practical use for it. If the bitcoin network would be faster or more secure with increased amount of miners, then I would already be more optimistic about bitcoin survival.
February 17, 2014, 10:48:55 PM
That 1200 bid wall on gox gonna get pulled and cause some tears.
February 17, 2014, 10:46:20 PM
Yep. bitcoin was only good for buying drugs before I got into it ... after that it was only a gimmick.
It's a gimmick in finance, but it's pretty practical in gambling.
You haven't mentioned that it is now an established network protocol yet.
I thought your erudite analysis of why it was going to become obsolete in 2-3 years would need to address that?
PS: Leave the potty-mouth insolence at the door.
Even if the bitcoin code could be considered as an established network protocol, it wouldn't mean that bitcoin units will have any value in the future. It would only mean that the same protocol will be used in the future to create new currencies with new units.
But I hardly believe that future developers will use the bitcoin code. Using bitcoin code to create altcoins will stay in time when only hobbyists and students created new coins for fun. If cryptos will be an serious financial tool, then the bitcoin code will be history.
... i guess this is the speculation thread. Unsubstantiated, opinionated diatribe can pass for commentary i suppose.
Edit: you could post your concerns in the "Development and Technical Discussion" if think you have something useful to contribute?
February 17, 2014, 10:46:03 PM
gaijin otaku
sips candy frappucino
bitcoinica paid
sips candy frappucino
bitcoinica paid
February 17, 2014, 10:41:35 PM
Yep. bitcoin was only good for buying drugs before I got into it ... after that it was only a gimmick.
It's a gimmick in finance, but it's pretty practical in gambling.
You haven't mentioned that it is now an established network protocol yet.
I thought your erudite analysis of why it was going to become obsolete in 2-3 years would need to address that?
PS: Leave the potty-mouth insolence at the door.
Even if the bitcoin code could be considered as an established network protocol, it wouldn't mean that bitcoin units will have any value in the future. It would only mean that the same protocol will be used in the future to create new currencies with new units.
But I hardly believe that future developers will use the bitcoin code. Using bitcoin code to create altcoins will stay in time when only hobbyists and students created new coins for fun. If cryptos will be an serious financial tool, then the bitcoin code will be history.
February 17, 2014, 10:41:25 PM
Most importantly, Where are we currently at on that chart? the beginning, middle or end?
In capitulation, heading to despair. All of which will become just another part of the next take-off phase.
Quote
Maybe we are still in the early stages of the awareness stage? Lots of people do NOT know what the fuck is bitcoin.
The first great use-case for bitcoin, which will drive value for the next couple of years, is international remittances.
The mass of adopters for remittances consists of immigrants. I am in New York City about half of the time, and always
ask every taxi driver if they have ever heard of bitcoin. These people are from Bangladesh, Pakistan, Ghana, Senegal, etc.
Never, not once, has a taxi driver known what a bitcoin was, or even how to spell it with confidence. (Although,
I suspect a few of them may one day send their children to Harvard with bitcoin bought since I met them.)
We are way, way short of take-off. We are in stealth mode.
I think that we largely agree.. that there is like going to be a take off in the future and it may be in stages.. and it may be partly based on remittances and also other reasons... including the instability of a lot of currencies outside of the dollar.. NOT that the dollar is stable... but relatively speaking it is (at the moment).
February 17, 2014, 10:40:22 PM
Anyone fancy a go at a MtGox/Karpeles haiku?
imprisoned by gox
the coins of binary birth
hold your breath "two weeks"
Very good.
And for what its worth, Walsoraj STILL owes me a poem from a bet he lost with me.
Perhaps he should be Welch-o-lot.
February 17, 2014, 10:36:41 PM
Yep. bitcoin was only good for buying drugs before I got into it ... after that it was only a gimmick.
Lol.
The stages of learning:
1. Unconscious incompetence - you don't realize how ignorant you are
2. Conscious incompetence - you realize you 're ignorant
3. Conscious competence - you start to try and understand
4. Unconscious competence - you are able to teach
Kkasper is currently unconsciously incompetent
You're not even competent enough to spell my name..
February 17, 2014, 10:35:55 PM
Yep. bitcoin was only good for buying drugs before I got into it ... after that it was only a gimmick.
It's a gimmick in finance, but it's pretty practical in gambling.
You haven't mentioned that it is now an established network protocol yet.
I thought your erudite analysis of why it was going to become obsolete in 2-3 years would need to address that?
PS: Leave the potty-mouth insolence at the door.
February 17, 2014, 10:35:21 PM
Anyone fancy a go at a MtGox/Karpeles haiku?
imprisoned by gox
the coins of binary birth
hold your breath "two weeks"
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