Definitely true on all accounts.Originally Posted by DirtyB
However if you hold a significant amount of bitcoins are you going to say bull case scenario is $2k/coin? Or 40k?
If you hold a penny stock do you tell all your friends it's going to double up? Or it's going to go up 100x?
Also are these twins not super shady? Or do you believe them and feel bad for them?
He addresses that right after what I posted before.
[–]avec_serif
As a heavy investor in Bitcoin you stand to gain handsomely if people believe prices will rise. I ask seriously: what makes your predictions more credible than, say, someone touting penny stocks?
Not trying to troll here, actually interested in your answer.
Edit: capitalization.
[–]winky_pop
Because I have put my money where my mouth is. I stand to gain as well as lose depending on how the future unfolds.
[–]kz_
That's generally considered to be the opposite of credibility when it comes to recommending investment vehicles.
[–]winky_pop
I disagree. If you are negative on Bitcoin you should have a short position, if you are positive, you should have a long position. If you talk about it an don't have a position either way, its just noise. Having skin in the game is called accountability. Bitcoin is way too large for one single person to be able to manipulate it by talking their book.
Rofl.
Meanwhile BTC dropped 50 points in the last 4 hours and people are freaking out so hard that they are placing 20 coin sells at 800 when 24 hours ago they were selling for 871.
Like seriously. Thats how fucked up this market is.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
China just knocked about 4% off the value of BTC in something like 8 minutes.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Someone is trying to sell $151,000 worth of coins AFTER the market shed 8% in an hour. Amazing.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Crypto beanie babies shed about 18% of their value overnight.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
ABC down
What's ABC?ABC down
SOBCHAK SECURITY 213-799-7798
PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL
Do you see what I see. Christmas lyric, right?What's ABC?ABC down
Beyond all the technical bullshit, if you accept this is a bubble, I think hope is fading.
It'll take some work to break $800 support.
Last edited by Sanlmar; 12-16-2013 at 11:08 AM.
Nvm. Smashed $800 on the daily chart.
Its pretty fucking amazing to watch trollboxers flip out at 721 about how their net worth just dropped $215,000.. then come back an hour later and BTC price has dropped to 647.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I think people really thought that India was going to re-inflate BTC after the China purge, and no one bothered to notice that there are like 7 or 8 people in all of India worth more than a few hundred US dollars.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
The Bitcoin Ideology
http://mobile.nytimes.com/2013/12/15...=sunday-review
http://www.bitcoinmagazine.com
Is Bitcoin a good investment?
Ask Bitcoin Jesus.
Bitcoin Jesus
http://www.businessinsider.com/bitco...er-ver-2013-12
He bought thousands of Bitcoins when they were at one dollar.
Now he says Bitcoin is still cheap at $1,000.
China's first Bitcoin trading platform from fraud cracked three suspects arrested
Author Yan Xiangjun Source: First Financial Daily Time: 2013-12-16 05:53 Font Size: Large In Small
Share this article: With the Band Sina Weibo Tencent microblogging 163 Everyone Douban QQ space Share to snowball
China's first Bitcoin trading platform from the sensational fraud has been detected in Dongyang City, Zhejiang Province Public Security Bureau, the three suspects were arrested.
BOOM
China's first Bitcoin trading platform from moving moment of fraud has been detected in Dongyang City, Zhejiang Province Public Security Bureau, the three suspects were arrested.
Dongyang City Public Security Bureau of the Political Department Director General Tsai told the "First Financial Daily" reporters, said the public security authorities have recently taken against the three suspects in criminal coercive measures, although the fact that the three suspects were part of the case admit, but "fraud crime "failed to recognize. For many victims of stolen goods issues of concern, General Tsai said the police department will try to recoup their losses for investors.
He also told this reporter that some of the victims may have cheated the amount of false cases, the case is still under investigation, not much can reveal details.
"There are still a principal at large, Dongyang police are fully pursued. Additionally, Dongyang police are still trying to recover transactions closed before the GBL website, now seems a great possibility of data recoverability, data recovery will be for victims after verify the corresponding loss. "related insider told this reporter that the latest progress of the case.
October 22, due to optimistic Bitcoin market, Dongyang Qiaomou search online Bitcoin trading platform GBL company and through third-party payment in the recharge 90,000 yuan trading platform for trading bitcoins. October 26, Qiaomou found the staff of the online trading platform is not online, some of the normal transaction procedures can not be implemented, then report to the Dongyang City Public Security Bureau.
Dongyang City Public Security Bureau immediately begin investigation found that Joe suffered losses far more than one person (the newspaper reported Nov. 14 "Bitcoin trading network GBL 500 people escaped on foot over 20 million yuan or damaged"). Dongyang City Public Security Bureau reported the case, according to the higher command, dispatched elite police task force set up to conduct a comprehensive investigation. Through the efforts of the police task force to determine the GBL trading platform identity management and timely implementation of the hunt.
November 12, the suspect in Duyun City of Guizhou Province, Liu was arrested police task force. 29-year-old Liu is responsible GBL site and alias "Sorrowful village" to provide users with Bitcoin market analysis, the industry has a certain reputation. November 14, Kim suspects arrested in Hefei, Anhui Province. 24-year-old Kim is Hefei Lujiang County, as production sites, maintainers, but also actively involved in the daily operations of the site, Kim computer science graduate, specializes in software programming, once a company office in Shanghai. November 19, the suspect Hwang was arrested in Shenzhen, which is primarily responsible for the financial job site on GBL platform.
GBL Bitcoin trading platform domain is www.btc-gbl.com, servers in the United States, IP address 108.168.231.23. Unlike most bitcoin trading site is different, GBL is used with 10 times leverage of futures trading patterns. Third-party account user can import to GBL provided in Renminbi or to GBL's Bitcoin Bitcoin direct deposit account transactions, both short can do more. Bitcoin downbeat great, if "bet to" 10 times leverage can definitely let users make a small fortune, on the contrary will suffer huge losses.
October 26, GBL web pages suddenly been closed; Then, in case there is no sign of any users who have been kicked out of GBL and official QQ group. We just have not had time to raise funds in the account, when, GBL had with their money Paolu.
GBL realized that things were not the spontaneous established user rights QQ group, within six hours GBL will have nearly 200 clients into the group. GBL's brokers lipped Sharp, immediately set up a rights group said it would pursue GBL and customers with corporate responsibility. One of the founders of the activist group sent to the reporter in the joint rights of GBL statistics shows that registered the 130 victims a total loss of more than 460 million. According to industry analysts, the site began on October 18 on the transfer of a large number of members of the platform recharge bitcoins for escaped on foot to prepare.
Currently, the case is still continuing investigation.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
point being, shit is going down.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
that hurt to read
will you cum in your pants when it bites the shitter or are you just waiting to buy in low?
will you cum in your pants when it bites the shitter or are you just waiting to buy in low?
real talk, i havent decided yet.
so probably both.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I wonder the same, his analysis is pathetic. Bitcoin value year on end is nothing short of phenomenal. Even if it fell to 300, still great.will you cum in your pants when it bites the shitter or are you just waiting to buy in low?
I often wonder if Sonatinee realizes how dumb he looks throughout this thread with his constant pessimism, while constantly getting proven wrong by the coin!
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