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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29727. (Read 26710694 times)

legendary
Activity: 1078
Merit: 1441

I would love to write a novel in reply to this excellent post but I have to take my wife and kids out for a swim shortly.
The sentiment of the novel has truth yet the OP fails to consider the Global power shift that an exponential rise in BTC would have.
I got a ban on trollbox for saying
"This is dangerous, I would rather have educated warmongers in powerful positions rather than undereducated snotty nosed geeks with a banhammer ruling the world"

BTC has grown so fast that it has become premine!


: ) yeah it was a tiny bit long winded... I had an attack of the verbals

But you see I have no problem with your point...

Personally I do belive in the concept of Crypto/Bitcoin, and I do believe it has very good prospects... and I am a total "bull" but a considered one..  

I also do consider the problems, and risks , and roadblocks,  and infact believe doing so is good and very much needed...no meaningful and worthwhile project got anywhere without a lots of smart brains doing exactly that...and so dialogue and communication is not only needed but in the case of cryptocurrecny -  community is part of what this whole thing is about....

Also actually I think that one of the definitions of insanity is doing the same thing over and over and expecting a different result... Also I am not sure that the choice is a) between educated warmongers  and snotty geeks or that b) there does really need to be a global power shift for Bitcoin to exist.. not to the point where the "geeks rule the world"  I think those are all logical leaps somewhat.

Anyhoo I need to go and collapse..

 



 
 









full member
Activity: 140
Merit: 100
banned but not broken


I nominate this clown as FUD King of the Year. Former Fed examiner, so not surprised. This a$$hat spews so much FUD on Business Insider it makes Fonzie look like an Ivy League bull.


FUD based on truth, not on humor, is always more effective..
full member
Activity: 280
Merit: 100


I nominate this clown as FUD King of the Year. Former Fed examiner, so not surprised. This a$$hat spews so much FUD on Business Insider it makes Fonzie look like an Ivy League bull.
legendary
Activity: 1512
Merit: 1000
@theshmadz

Ahh, thanks for this. That is my second favourite bitcoin song ever. Also very fitting due to the inclement conditions lately.

However, my top favourite of all time remains this -> http://www.youtube.com/watch?v=yc6Hp_Zq3rU

Do not despair, bitcoin may or may not be the one, but in the end, at least satoshi has given us the framework to come up with a solution to the global social problem.



This is not a get rich quick scheme. It's a war.


legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1007
Hide your women
Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down

It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price.
copper member
Activity: 2898
Merit: 1465
Clueless!
question 1 "can you still buy from mtgox with fiat for bitcoin...or is that shut down" (again I intend to hold till .....even if it goes to $2 beanie baby money....(damn it I'm stubborn) ...so if I plan on holding long term thru this anyway....why not buy on a discount from mtgox (assuming they will let me buy btc yet)

last time I sent money to Gox it took 13 days to process if that makes any difference..


ah but do they process you order on the time you ordered ....ie that bitcoin price...or do they wait till it clears?

if the $$ sit for 2 weeks then yeah bitstamp makes more sense I guess

Searing
sr. member
Activity: 406
Merit: 250
question 1 "can you still buy from mtgox with fiat for bitcoin...or is that shut down" (again I intend to hold till .....even if it goes to $2 beanie baby money....(damn it I'm stubborn) ...so if I plan on holding long term thru this anyway....why not buy on a discount from mtgox (assuming they will let me buy btc yet)

last time I sent money to Gox it took 13 days to process if that makes any difference..
legendary
Activity: 896
Merit: 1000
Sell now on Bitstamp or cry yourself to sleep later.

somebody sold Roll Eyes
To be honest, I havent traded a bitcoin in a loooong time.

I dont really want it to go down since im mostly in BTC. But I do have some fiat lying around on Gox.

Sell now on Bitstamp or cry yourself to sleep later.


my only bitcoin is thru mining...so I'm covered if it goes down to 150 btc.....as far as intitial investments etc

looking to gamble


again noob likely clueless

Searing


Same here! However I turned my .4BTC of mined bitcoin into 1.2 via trading on Cryptsy Smiley
copper member
Activity: 2898
Merit: 1465
Clueless!
Sell now on Bitstamp or cry yourself to sleep later.


my only bitcoin is thru mining...so I'm covered if it goes down to 150 btc.....as far as intitial investments etc

looking to gamble


again noob likely clueless

Searing
sr. member
Activity: 378
Merit: 250
Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
legendary
Activity: 1106
Merit: 1007
Hide your women
Too early to call a double bottom?
legendary
Activity: 2338
Merit: 1035
Sell now on Bitstamp or cry yourself to sleep later.

somebody sold Roll Eyes
legendary
Activity: 896
Merit: 1000
Sell now on Bitstamp or cry yourself to sleep later.
copper member
Activity: 2898
Merit: 1465
Clueless!
Hmmm, who are these people buying in the $590s on Stamp? Seems pretty likely we're going to bounce back down off of $600, no?

just ate through that wall, next at 630...

one day people are going to realize these "walls" don't mean shit if the big players don't want them to.  They can make the market look however the hell they want and then send it in whatever direction they please.

I think the downward plunge is continuing. At least a retest of the 570s or so.

ok..noob question...likey a noob question of too much balls and no sense...but if you are thinking like me (this is a panic) and it will bet resolved (tech issues and mtgox issues) and stabilizes...ie you plan on holding  

question 1 "can you still buy from mtgox with fiat for bitcoin...or is that shut down" (again I intend to hold till .....even if it goes to $2 beanie baby money....(damn it I'm stubborn) ...so if I plan on holding long term thru this anyway....why not buy on a discount from mtgox (assuming they will let me buy btc yet)

or

question #2 this is a really really dumb idea cause mtgox is gonna go under and default and I'd lose $$$ or btc (from my point of view the whole shebang would probably die btc wise so wtf buy from mtgox anyway

ok be kind I'm  a noob if my ballsy projections are accurate.....(big if) is there anything wrong with the above

again noob...so show me how I'm wrong/right or you just plain have no clue

(this frigging bitcoin sea..no idea where the coast is ..the fog is too think...but waves are large...and I get seasick looking at the price drop on btc ...woe the btc seafarer)

Searing
hero member
Activity: 910
Merit: 1003
either way, next Monday the latest we see the wallets all updated.

Even those that are being kept on an encrypted laptop buried below the swimming pool in the backyard?
legendary
Activity: 2186
Merit: 1213
set my orders @400´s and 300´s at stamp, if it gets filled, good, if not, also ok... gn8 everyone
legendary
Activity: 896
Merit: 1000
ALL ABOARD THE BULLTRAP!!! FINAL CALL BEFORE WE CONTINUE OFF TO DEATH!
legendary
Activity: 2338
Merit: 1035
this beast aint letting go without a fight Cool
hero member
Activity: 910
Merit: 1003
Frankly I would rather see Choo Choo trains and pics of dead bulls and bears on this thread than comments about MtGOX's price...

By the way, I enjoyed this photo gallery that the Financial Times assembled last June:

http://www.ft.com/intl/cms/s/2/910858fa-d3bf-11e2-95d4-00144feab7de.html

And I found this on that article:

"Citing rules designed to prevent money laundering and terrorist financing, the US federal government has seized bank accounts belonging to Mt Gox, the largest Bitcoin exchange, and other exchanges. The Bitcoin Foundation no longer expects Mark Karpeles, Mt Gox chief executive, to travel to the US from Japan for its board meetings."

Should we understand that he fears to be arrested if he put foot on US soil?
 
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