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1481
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 14, 2015, 02:58:20 PM
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
I think that would be buy the rumour, BUY the news!  I suppose that the saying "buy the rumor, sell the news" means "rumors are usually wishful thinking by holders, the news are usually disappointing". |
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1482
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 14, 2015, 02:54:11 PM
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right ... because some random reddit readers have millions in liquid capital sitting on the exchanges and were able to jam the price upwards 10% in less than a day in a coordinated fashion ... ha ... derrrr ... if you're not lying to others about btc at this point , you're lying to yourself ... in any case their money is still good and i'm happy to take it ...
There are ~500 users logged in to the /r/bitcoin subreddit, of which 450 are statist trolls and bank shills according to the consensus evaluation.  But the rumor comes from some bitcoin news site, so it must have been seen by many more people besides the reddit audience. What are people's guesses for the cause of the previous peak around 2015-02-02? Perhaps the rumor "McDonald will accept bitcoin on Valentine's Day"? |
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1484
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Bitcoin / Bitcoin Discussion / Re: How Many Bitcoiners are Mentally Ill?
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on: February 14, 2015, 09:45:54 AM
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70-60% bitcoins are mentally ill...
Bitcoins are fungible, so in fact all of them are mentally ill. They got that way by being bound with a chain, behind a wall of blocks, since they wer born. They hate their owners; if they are let go, they will not return, not even look back and say thanks. |
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1486
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Other / Off-topic / Re: Answer the question above with a question.
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on: February 14, 2015, 12:35:22 AM
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Why don't we start a quote pyramid?
Why should we? Ok, but am I first or is ineededausername first? Can someone ask dayfall to define first? dayfall, can you define first? What are the chances of dayfall defining the word 'first' in the form of a question, let alone supplying his answer within the boundries of this newly created quote pyramid? Who is Dayfall? I guess you didn't read the pyramid building manual, did you, n etrin?Oh shiznitz, did I fucznitz up the world's greatest pyramid? Let's go with that for a moment, do you feel like shiznitx contemplating a fucnitz of the world's greatest pyramid? Or was it from your childhood? Could you ask one question at a time? Why did they start shaping words into pyramids again? Is there any rule about that? We are not archaeologists, so why are we digging up an old pyramid? Do you want to dig up a new pyramid? Which one would you pay a ticket to see, a new pyramid or an old hexagonal prism? |
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1487
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Other / Off-topic / Re: Answer the question above with a question.
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on: February 13, 2015, 08:55:09 PM
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Why don't we start a quote pyramid?
Why should we? Ok, but am I first or is ineededausername first? Can someone ask dayfall to define first? dayfall, can you define first? What are the chances of dayfall defining the word 'first' in the form of a question, let alone supplying his answer within the boundries of this newly created quote pyramid? Who is Dayfall? I guess you didn't read the pyramid building manual, did you, n etrin?Oh shiznitz, did I fucznitz up the world's greatest pyramid? Let's go with that for a moment, do you feel like shiznitx contemplating a fucnitz of the world's greatest pyramid? Or was it from your childhood? Could you ask one question at a time? Why did they start shaping words into pyramids again? Is there any rule about that? We are not archaeologists, so why are we digging up an old pyramid? |
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1488
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Other / Off-topic / Re: Answer the question above with a question.
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on: February 13, 2015, 07:43:50 PM
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Why?
Am im the only one who can spot the hidden racism in scooby doo ? Do you still watch Scooby Doo? Who doesn't? Wouldn't you agree that Scooby Doo is an acquired taste?  You were hopin' that I would be the one to question your question first, eh? Rhetorical question: how did you guess? |
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1492
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Bitcoin / Bitcoin Discussion / Re: How Many Bitcoiners are Mentally Ill?
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on: February 13, 2015, 12:26:36 PM
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I think if you're at all capable of grasping bitcoin, the whole concept, in the first place, there's little damn chance you're at risk of being mentally ill. The required level of intelligence to understand bitcoin, the foundation of bitcoin, the blockchain, the point, the nuances of economics, and the dynamics of bitcoin is not a sign of a weak mind susceptible to mental illness.
(1) Intelligence does not imply sanity and vice-versa. And neither of them implies honesty. (2) It does not take much intelligence to understand bitcoin at the level that most "expert bitcoiners" do. The idiots in comment sections who continually call people names, troll these and similar forums hollering bitcoin's end times and have nothing else to do but post over and over day in and day out trying to warn everyone against it, it's in its "death throws" as one put it in a comments section earlier - now those ones are soft in the head and could probably make do with a visit to a psychiatrist. Who should see a psychiatrist: the guy who believed in "10'000 USD/BTC by Nov/2014" and mortgaged his home to buy bitcoin at 800, or the guy who didn't believe and didn't buy? |
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1493
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Economy / Service Announcements / Re: BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts
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on: February 13, 2015, 12:12:41 PM
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2) On btcwisdom, for Coinbase, it says 'volume disabled', but tradeblock.com/markets/base/xbt-usd/ seems to be able to get the volume data for Coinbase. Could you maybe take a look at it to see if you can get the same data? I think Coinbase will become pretty important among the USD exchanges over the coming months.
I believe it is still showing the old brokerage service, not the new exchange. |
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1495
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Economy / Speculation / Bitcoiners are not innocent
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on: February 13, 2015, 03:56:50 AM
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Bitcoiners are trying to claim that "it has nothing to do with bitcoin". But they are not innocent:
* Bitcoiners keep talking about price "going to the moon", "gains of 1000% per year" because of the "exponential trend" etc. Because of these claims, when MyCoin promised 300% returns per year, people believed it.
* MyCoin has been operating for some time. The real bitcoiners in HongKong must have known of its existence, and must have seen that it was a ponzi. Why didn't they alert the police? Because "anything bitcoin is good"?
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1497
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 13, 2015, 01:30:17 AM
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EU leans toward stricter regulation of crptocurrencies: "France calls for strong regulation of Bitcoin in EU counter-terrorist financing laws following Charlie Hebdo incident and an end to anonymous financial transactions" AML In Canada, Christine Duhaime, January 29th, 2015 http://www.antimoneylaunderinglaw.com/2015/01/france-eu-call-for-expedited-regulation-of-bitcoin-to-strengthen-counter-terrorist-financing-efforts-following-charlie-hebdo-incident-and-an-end-to-all-anonymous-financial-transactions-through-repor.htmlFrance’s view is that the EU needs to mobilize against, inter alia, virtual currencies. In order to do that, France is seeking to have the EU adopt a strict position on anonymous electronic money and the financial transactions carried out with electronic money. A strict stance means to prohibit anonymous digital financial transactions by requiring that they be transparent and not-anonymous. [ ... ]
France recommended amending legislation to stop terrorist financing by controlling anonymous payment instruments by strongly regulating virtual currencies and electronic money and requiring that there be reporting requirements for those transactions within the AML regime. It also recommended improving existing terrorist financing asset freezing laws. With Bitcoin, that is essentially impossible at this point, given its anonymous nature and impossibility of “freezing” a Bitcoin.
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