Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30055. (Read 26709863 times)
January 29, 2014, 10:39:15 PM
ok back on topic
January 29, 2014, 10:29:50 PM
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
you and me both.
you and me threeth. I pulled my csv's from virtex and ran them through a spreadsheet after the 266 bump, my average sell price was $17 dollars. I'm sure my average price has gone up a bit since then, but sometimes it sickens me to think how many of these things I let slip through my fingers.
Right there with you guys. June 2012 I had about 20 coin... By the time of the April rise I had almost none. Did it again with the latest rise. I had a few coin from selling some stuff in summer, used it on general expenses, groceries, etc... Nothing left now except the little I mine.
Is there a thread somewhere dedicated to these kinds of stories?
I hope not... Too painful...
January 29, 2014, 10:27:38 PM
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
you and me both.
you and me threeth. I pulled my csv's from virtex and ran them through a spreadsheet after the 266 bump, my average sell price was $17 dollars. I'm sure my average price has gone up a bit since then, but sometimes it sickens me to think how many of these things I let slip through my fingers.
Right there with you guys. June 2012 I had about 20 coin... By the time of the April rise I had almost none. Did it again with the latest rise. I had a few coin from selling some stuff in summer, used it on general expenses, groceries, etc... Nothing left now except the little I mine.
Is there a thread somewhere dedicated to these kinds of stories?
January 29, 2014, 10:26:15 PM
Virtual currency is another catch phrase that they want to embed in the subconscious. Virtual currency is very different from crypto currency.
+999 hit this hard people. Never ever let anyone put virtual currency and crypto currency in the same class. If they try to call it virtual currency, make them beg for mercy. Sneer and cajole and ridicule. One thing they cannot survive is mockery, because it subverts the illusion of competence and legitimacy. Virtual currency is play money. Cryptographic currency is backed by logic itself, more secure than any army.
+graham's number
January 29, 2014, 10:25:02 PM
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
you and me both.
you and me threeth. I pulled my csv's from virtex and ran them through a spreadsheet after the 266 bump, my average sell price was $17 dollars. I'm sure my average price has gone up a bit since then, but sometimes it sickens me to think how many of these things I let slip through my fingers.
Right there with you guys. June 2012 I had about 20 coin... By the time of the April rise I had almost none. Did it again with the latest rise. I had a few coin from selling some stuff in summer, used it on general expenses, groceries, etc... Nothing left now except the little I mine.
January 29, 2014, 10:19:03 PM
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
you and me both.
you and me threeth. I pulled my csv's from virtex and ran them through a spreadsheet after the 266 bump, my average sell price was $17 dollars. I'm sure my average price has gone up a bit since then, but sometimes it sickens me to think how many of these things I let slip through my fingers.
January 29, 2014, 10:13:05 PM
the chairman seemed very pro bitcoin...
Unfortunately the chairman of a public hearing is not there to take a decision, he is just the show's host. His mission is only to introduce the speakers and put them at ease.The decisions, if any, will be taken by legislators and other government officials in coming months; and they will probably pay more attention to the opinion of bankers and other big investors, than to those given at the hearings...
One thing I think bears and bulls can agree on is that bitcoin is definitely not dull.
Remember that old Chinese curse? "May you live in interesting times."
Lately, it kinda seems like we've been cursed...
January 29, 2014, 10:12:24 PM
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
you and me both.
January 29, 2014, 10:11:00 PM
Virtual currency is another catch phrase that they want to embed in the subconscious. Virtual currency is very different from crypto currency.
+999 hit this hard people. Never ever let anyone put virtual currency and crypto currency in the same class. If they try to call it virtual currency, make them beg for mercy. Sneer and cajole and ridicule. One thing they cannot survive is mockery, because it subverts the illusion of competence and legitimacy. Virtual currency is play money. Cryptographic currency is backed by logic itself, more secure than any army.
Some think it is trivial, but it is not, “virtual” applies to fiat in a bank, not to cryptocurrencies.
January 29, 2014, 10:05:45 PM
the chairman seemed very pro bitcoin...
Unfortunately the chairman of a public hearing is not there to take a decision, he is just the show's host. His mission is only to introduce the speakers and put them at ease.The decisions, if any, will be taken by legislators and other government officials in coming months; and they will probably pay more attention to the opinion of bankers and other big investors, than to those given at the hearings...
January 29, 2014, 10:05:45 PM
Virtual currency is another catch phrase that they want to embed in the subconscious. Virtual currency is very different from crypto currency.
+999 hit this hard people. Never ever let anyone put virtual currency and crypto currency in the same class. If they try to call it virtual currency, make them beg for mercy. Sneer and cajole and ridicule. One thing they cannot survive is mockery, because it subverts the illusion of competence and legitimacy. Virtual currency is play money. Cryptographic currency is backed by logic itself, more secure than any army.
January 29, 2014, 10:05:30 PM
Just got home, not gonna bother catching up with the last 30 pages of probable nonsense,
But I just watched the first segment of the first panel today, and sorry for the serious but I'd like if some of you could offer an opinion on the following.
Cyrus R. Vance, the very first person to speak, chooses to start with a case of money laundering, of course. Money laundering is the catch phrase and it's designed to put a negative image on bitcoin. They will repeat it again and again when asked about bitcoin.
The interesting thing is that they were laundering fiat dollars acquired from the theft of credit card information, using western express. This crime can't even happen with bitcoin. There is no credit card information to steal in the first place.
I think the reason they are going to try to vilify bitcoin and try to regulate the shit out of it so that they can maintain their monopoly on the money laundering business.
What do you think?
But I just watched the first segment of the first panel today, and sorry for the serious but I'd like if some of you could offer an opinion on the following.
Cyrus R. Vance, the very first person to speak, chooses to start with a case of money laundering, of course. Money laundering is the catch phrase and it's designed to put a negative image on bitcoin. They will repeat it again and again when asked about bitcoin.
The interesting thing is that they were laundering fiat dollars acquired from the theft of credit card information, using western express. This crime can't even happen with bitcoin. There is no credit card information to steal in the first place.
I think the reason they are going to try to vilify bitcoin and try to regulate the shit out of it so that they can maintain their monopoly on the money laundering business.
What do you think?
the hearing made me feel like the US was going for a minimalist approach to regulation, the chairman seemed very pro bitcoin.... I don't think they are going to regulate the shit out of it. they keep saying that they want to have enough regulation to feel comfortable and at the same time not stifle bitcoin's potential. If i was a conspiracy theorist i'd say bitcoin is the new illuminati money, and government agents are in on it. but i'm not going to go there.
Quote from: New York Department of Financial Services Superintendent Benjamin Lawsky
"We're always going to choose to squelch money launderers...even if it prevents 1,000 flowers from blooming"
implies entrepreneurs are not welcome, NY doesn’t care if you are unemployed and innovate, they just want to make sure you follow the letter of the law. 
January 29, 2014, 10:02:36 PM
January 29, 2014, 10:00:56 PM
Cyrus R. Vance
The guy I compared to Hitler, yes.Quote
they are going to try to ... regulate the shit out of it is so that they can maintain their monopoly on the money laundering business.
Close enough, yeah. But try is an illusion. There is no try. There is only fail. January 29, 2014, 09:58:02 PM
http://techcrunch.com/2014/01/29/amazon-wants-to-include-peer-to-peer-payments-in-its-real-world-paypal-competitor/
Amazon going natural selection and kicking bitcoin to the curb? Seems to me their building a platform similar to the key features of bitcoins.
Amazon going natural selection and kicking bitcoin to the curb? Seems to me their building a platform similar to the key features of bitcoins.
Quote
The e-commerce giant is also developing a solution for person-to-person payments — bypassing banks and other payment networks — putting it in even closer competition with P2P payment giant PayPal.
someone needs to tell the writer what P2P money is
P2P money does not include a "payment giant"
January 29, 2014, 09:54:57 PM
http://techcrunch.com/2014/01/29/amazon-wants-to-include-peer-to-peer-payments-in-its-real-world-paypal-competitor/
Amazon going natural selection and kicking bitcoin to the curb? Seems to me their building a platform similar to the key features of bitcoins.
Amazon going natural selection and kicking bitcoin to the curb? Seems to me their building a platform similar to the key features of bitcoins.
January 29, 2014, 09:53:34 PM
i've been selling coins. 
risk management....
but i still very bullish on the future.
Anyone in bitcoin a few years ago is rich now. So...risk management....
but i still very bullish on the future.
Anyone in bitcoin now will be rich in a few years. no worries
its easy to think that anyone that heard about bitcoin in 2012 bought 10K worth of bitcoin minimum
but it was a different time back then, bitcoin was really sketchy, no one wanted to risk more then they could afford to lose
and unfortunately i could not afford to lose very much at all
the week i heard about bitcoin was the same week i bought my house.
worst investment ever!
and you haven't paid it off yet?
no...
like i said i could not afford to lose very much at all.
and i sodl alot in the 20's .....
January 29, 2014, 09:52:39 PM
Sorry if this is old, wish I could have watched this live, but at 34:15 (1st panel of day 2) that second law guy nearly slips up and uses the term crypto currency instead of the term he was told to use, "virtual currency"
Virtual currency is another catch phrase that they want to embed in the subconscious. Virtual currency is very different from crypto currency. Crypto is the term I would use to define a currency protected by cryptography, like bitcoin. Virtual is the term I would use to define Amazon bucks, or WoW gold, or USD; these are currencies that are centralized and controlled. Crypto currency is neither centralized, nor controlled, and I think that would scare them to death, if they only understood.
Virtual currency is another catch phrase that they want to embed in the subconscious. Virtual currency is very different from crypto currency. Crypto is the term I would use to define a currency protected by cryptography, like bitcoin. Virtual is the term I would use to define Amazon bucks, or WoW gold, or USD; these are currencies that are centralized and controlled. Crypto currency is neither centralized, nor controlled, and I think that would scare them to death, if they only understood.
January 29, 2014, 09:49:11 PM
i've been selling coins.
risk management....
but i still very bullish on the future.
Anyone in bitcoin a few years ago is rich now. So...risk management....
but i still very bullish on the future.
Anyone in bitcoin now will be rich in a few years. no worries
its easy to think that anyone that heard about bitcoin in 2012 bought 10K worth of bitcoin minimum
but it was a different time back then, bitcoin was really sketchy, no one wanted to risk more then they could afford to lose
and unfortunately i could not afford to lose very much at all
the week i heard about bitcoin was the same week i bought my house.
worst investment ever!
and you haven't paid it off yet?
January 29, 2014, 09:36:39 PM
The panel seems somewhat bearish to me. I don't know if the bulls are watching it with rose goggles or beer goggles or what.
Watching rain makes you bearish though, I doubt I'd visit Vegas with you, you seem boring as fuck
The only thing that matters about these panels is that they clearly say Bitcoin is legal and will continue to be legal.
They said that 3 months ago.
And that's about when Wall Street and other big guys knew it's here to stay and it's better to position themselves for it, and that's why all Chinese shit and FUD from bitter twats haven't made it to stay down for less than few hours in last month.
If you're expecting a chairman to bring the check book from his pocket and buy 3 billion on market order, than it's bearish, yeah.
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