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Topic: Where's all the optimists? (Read 3340 times)

sr. member
Activity: 406
Merit: 250
February 13, 2014, 08:19:32 PM
#70
Check China,  also fall the same as gox !
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
February 13, 2014, 08:02:05 PM
#69
They'll be back as soon there is some green on the daily, shouting "CCMF".

I keep seeing this 'CCMF' and I still have no idea what it means.  Google suggests it is Community Concern for Mental Fragility, which seems about right.

It actually stands for Community College Mental Fortitude.

I thought it was Crypto Coin Millionaires of the Future.

Edit: Then again perhaps it's Crash Conspiracy Moron Fail.
hero member
Activity: 504
Merit: 500
Moderator
sr. member
Activity: 406
Merit: 250
February 13, 2014, 07:49:47 PM
#67
brrrrr...
hero member
Activity: 699
Merit: 500
Your Minion
February 13, 2014, 07:49:07 PM
#66
Optimisticly buying  Grin
sr. member
Activity: 406
Merit: 250
legendary
Activity: 2212
Merit: 1199
February 13, 2014, 07:47:26 PM
#64
444 usd at gox!
602.00000000 @ Vircurex
legendary
Activity: 1120
Merit: 1012
February 13, 2014, 07:47:10 PM
#63
444 usd at gox!

At who? Oh, the "exchange that couldn't". Yeah, those guys... they suck.
sr. member
Activity: 406
Merit: 250
February 13, 2014, 07:46:23 PM
#62
444 usd at gox!
hero member
Activity: 924
Merit: 1000
February 13, 2014, 07:21:54 PM
#61
They'll be back as soon there is some green on the daily, shouting "CCMF".

I keep seeing this 'CCMF' and I still have no idea what it means.  Google suggests it is Community Concern for Mental Fragility, which seems about right.

It actually stands for Community College Mental Fortitude.
legendary
Activity: 889
Merit: 1013
February 13, 2014, 07:10:32 PM
#60
Proudhon has turned, it has been confirmed by sources!
hero member
Activity: 742
Merit: 500
February 13, 2014, 07:09:48 PM
#59
mid term (probably even long term) perspective is nothing but brilliant
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
February 13, 2014, 07:02:30 PM
#58
Count me among the optimists.  Here's something I've been considering lately.  I learned my big lesson in not trusting 3rd parties with any significant amounts of bitcoin in 2012 with the bitcoinica fuck up.  Many of us learned that lesson through that experience and others back then.  But, there just weren't that many of us.

This go around there are a lot more people with a lot more money invested in bitcoin.  And this most recent incident was enormous in scale, affecting multiple 3rd parties.  Basically, everyone just got schooled in why you don't keep lots of bitcoin with 3rd parties, and I suspect over the coming months we're going to see the bitcoin supply on exchanges drop as people withdraw their bitcoins and learn to hold them themselves.

The whole infrastructure is still maturing and VC interest is clear.  However, VCs won't tolerate the risk of investing in startups with inexperienced management teams, and, therefore, I think we're in the midst of seeing it change hands from business owners with little real business experience to more experienced managers.  My thinking is that the infrastructure is moving forward and becoming more mature and robust and more usable and interesting for end users and business integration, and I think supplies on the open markets will decrease.  Combine those two things and I think you have the ingredients for another strong bull run later this year.

Just some thoughts.

Dude, what are you doing breaking kayfabe?

Think of all the little Proudhon-omaniacs who look up to you as a role model for bear trolling.

http://en.wikipedia.org/wiki/Kayfabe

Please keep your private beliefs to yourself and wear your trollbear costume convincingly.
hero member
Activity: 728
Merit: 500
February 13, 2014, 06:00:35 PM
#57
as long as, in the long run we can laugh at the pessimists, everything is fine. those guys are trying to tell us that bitcoin with its 11166.67% performance in the last 24 months is a bad investment. that is a hard standing.  Cheesy
How is this a good thing? It sounds overbought to me...
legendary
Activity: 924
Merit: 1001
February 13, 2014, 05:52:12 PM
#56
Count me among the optimists.  Here's something I've been considering lately.  I learned my big lesson in not trusting 3rd parties with any significant amounts of bitcoin in 2012 with the bitcoinica fuck up.  Many of us learned that lesson through that experience and others back then.  But, there just weren't that many of us.

This go around there are a lot more people with a lot more money invested in bitcoin.  And this most recent incident was enormous in scale, affecting multiple 3rd parties.  Basically, everyone just got schooled in why you don't keep lots of bitcoin with 3rd parties, and I suspect over the coming months we're going to see the bitcoin supply on exchanges drop as people withdraw their bitcoins and learn to hold them themselves.

The whole infrastructure is still maturing and VC interest is clear.  However, VCs won't tolerate the risk of investing in startups with inexperienced management teams, and, therefore, I think we're in the midst of seeing it change hands from business owners with little real business experience to more experienced managers.  My thinking is that the infrastructure is moving forward and becoming more mature and robust and more usable and interesting for end users and business integration, and I think supplies on the open markets will decrease.  Combine those two things and I think you have the ingredients for another strong bull run later this year.

Just some thoughts.

Proudhon, I just made a fortune of my maximally leveraged shotr position, are you saying I should now assume a maximally leveraged logn poisition?
thanks for the advice.
legendary
Activity: 3710
Merit: 5286
February 13, 2014, 05:37:45 PM
#55
Count me among the optimists.  Here's something I've been considering lately.  I learned my big lesson in not trusting 3rd parties with any significant amounts of bitcoin in 2012 with the bitcoinica fuck up.  Many of us learned that lesson through that experience and others back then.  But, there just weren't that many of us.

This go around there are a lot more people with a lot more money invested in bitcoin.  And this most recent incident was enormous in scale, affecting multiple 3rd parties.  Basically, everyone just got schooled in why you don't keep lots of bitcoin with 3rd parties, and I suspect over the coming months we're going to see the bitcoin supply on exchanges drop as people withdraw their bitcoins and learn to hold them themselves.

The whole infrastructure is still maturing and VC interest is clear.  However, VCs won't tolerate the risk of investing in startups with inexperienced management teams, and, therefore, I think we're in the midst of seeing it change hands from business owners with little real business experience to more experienced managers.  My thinking is that the infrastructure is moving forward and becoming more mature and robust and more usable and interesting for end users and business integration, and I think supplies on the open markets will decrease.  Combine those two things and I think you have the ingredients for another strong bull run later this year.

Just some thoughts.

I agree.  One serious question Proudhon, let's say in 2-3 years there are 10x the number of exchanges that we have today.  Combine that with more folks holding their own bitcoins in personal wallets.  When the supply drops on all the exchanges out there, what effect will that have on the bitcoin economy overall?

Just a side note though: right now I actually trust Coinbase with my BTC, more so than I do myself on my home computer.  And I'm an IT guy.  But that may change in the future, dunno yet.
hero member
Activity: 812
Merit: 1000
February 13, 2014, 01:45:46 PM
#54
I am just sad because i am out of fiat, those coins are so juicy
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
February 13, 2014, 01:29:11 PM
#53
I'm an optimist. $5k+ in six months.
legendary
Activity: 2156
Merit: 1070
February 13, 2014, 01:28:43 PM
#52
Count me among the optimists.  Here's something I've been considering lately.  I learned my big lesson in not trusting 3rd parties with any significant amounts of bitcoin in 2012 with the bitcoinica fuck up.  Many of us learned that lesson through that experience and others back then.  But, there just weren't that many of us.

This go around there are a lot more people with a lot more money invested in bitcoin.  And this most recent incident was enormous in scale, affecting multiple 3rd parties.  Basically, everyone just got schooled in why you don't keep lots of bitcoin with 3rd parties, and I suspect over the coming months we're going to see the bitcoin supply on exchanges drop as people withdraw their bitcoins and learn to hold them themselves.

The whole infrastructure is still maturing and VC interest is clear.  However, VCs won't tolerate the risk of investing in startups with inexperienced management teams, and, therefore, I think we're in the midst of seeing it change hands from business owners with little real business experience to more experienced managers.  My thinking is that the infrastructure is moving forward and becoming more mature and robust and more usable and interesting for end users and business integration, and I think supplies on the open markets will decrease.  Combine those two things and I think you have the ingredients for another strong bull run later this year.

Just some thoughts.

Yes, the is what a transition of influence can look like. People losing faith in exchanges coupled with impending bit licenses for exchanges already vc financed and ready to start.

At this point it's all really about when those licenses come available. 3-6 months after that there will be a minor shift in exchanges.
legendary
Activity: 2170
Merit: 1094
February 13, 2014, 01:25:01 PM
#51
Help, somebody kidnapped the real Proudhon and is posting in his name!  Grin

I will be optimistic once the market will hit the bottom of wave C, and it's still months away.
My primary concern is if the attacks on the network will continue and if one of them will be really damaging.
Maybe those perpetrating the attacks just want very cheap coins, but - worst case scenario - they might
want bitcoin dead. So far, the core devs and exchanges' staff don't seem to win this battle.
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