who's jealous of the bitcoin investors ?

Dynoman said:
Agnostic said:
I wouldn't touch bitcoin with a bargepole...
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I understand many people are fearful and disbelieving of the future of Internet backed currencies. I tried to convert a few friends when Bitcoin was around the $10 mark. They all joked and laughed at me like it was the worst hair brain idea I'd ever come up with. Now they hate me because I turned out to be right.

Mind you, to be fair I said the same about Silver and that turned out wrong. Market manipulation I say.
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Holey crap batman had I known I could take my bitcoin in and exchange it for the internet I would have bought in the beginning.

I have some really rare Tulips I will trade you for your bitcoins though ;)
 
Pirocco bro. Nobody is forcing you to use google. Nobody is forcing you to use a particular dns server. If you don't want your search result clicks to go through google first, get an extension to stop that. Sorry that this stuff isn't just supplied to you automatically, it appears one is expected to do their own due diligence in life.

Please investigate one-way encryption and how it relates to cryptocurrencies. Saying cryptography is easily defeated is an incredibly ignorant thing to say. When will they easily defeat the main bulk of the silk road operator's stash? This is part of the point of bitcoin - to remove the need to trust third parties, it's one of the major ones in fact, and you seem not to understand it.
 
beeteecee said:
Pirocco bro. Nobody is forcing you to use google. Nobody is forcing you to use a particular dns server. If you don't want your search result clicks to go through google first, get an extension to stop that. Sorry that this stuff isn't just supplied to you automatically, it appears one is expected to do their own due diligence in life.

Please investigate one-way encryption and how it relates to cryptocurrencies. Saying cryptography is easily defeated is an incredibly ignorant thing to say. When will they easily defeat the main bulk of the silk road operator's stash? This is part of the point of bitcoin - to remove the need to trust third parties, it's one of the major ones in fact, and you seem not to understand it.
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Brothers are on the fourth floor.
What is the difference between killing alternatives/choices, and forcing? Look at the available search engines. Most just use Google. Some provide a proxy especially to prevent Googles tracking/logging, but alot just doesnt work then.
'Particular' dns server? It's not you that decides which dns server to use, it's the network runners, alike an isp, that decides.
Extensions to skip the google-forced middleman, need to decrypt googles result links.
Everything that is not default, is a 'make it harder'.
It doesn't even need to decrypt. Just blocking connections or traffic suffices.
I didnt say crypted data is easily decrypted. That's a 'strawman', 'bro'. I said that the method can have 'weaknesses' on purpose, on request of governments. Excuses alike anti-terrorism blabla etc. And ahead of that, government can just block the connection in several ways, can block data, can apply blacklists, and even whitelists and rest block all. Government can block everything between A and B. Or everything from this or that country. You can crypt whatever you want, in the end network nodes need ips, and ips belong to ranges, and ranges belong to networks, and networks belong to bigger networks, allowing usage of black/whitelists. Google for proxy lists haha. All computers detected as 'open' meaning usable for malicious/whatever purposes. Alot applications, including server software/daemons, use such proxy lists to refuse/quickly kill connections, so without even needing port scans.
A stack of valuable things under direct control, is not depending on any third parties, while bitcoin, requires electricity, computer, network, access and a free connection>data path towards the other bitcoin trade side.
I thought this was quite obvious, but some seem to be persistent.
 
20131127_bubbles.png
 
Well, it's clearly a conspiracy, isn't it? Volume up, price down.

But honestly, just let the crypto-currency people get hoisted by their own petards.
I don't understand why you feel the need to troll that particular board. Most of the people over there are only trading what they can afford to lose.
Waiting for the chance to say "I told you so" isn't going to make the price of silver get any higher, but you may enjoy the Schadenfreude.

Tulip bulbs are dirt cheap, maybe you could take up gardening in the meantime while waiting for your speculation on silver to rise?
 
So bitcoin investors are somewhat awake, like us stackers. When the bitcoiners sell out, what you think they will buy?
Physical could get intetsting
 
Earthjade said:
I don't understand why you feel the need to troll that particular board.
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Didn't think I was trolling but hey, you're right.
I made a post about the difficult psychology in riding a parabolic rise and how tough it really is to pick the top.

But I guess the digital currencies section is only for those actually trading them.
I get it.
 
metalzzz said:
So bitcoin investors are somewhat awake, like us stackers. When the bitcoiners sell out, what you think they will buy?
Physical could get intetsting
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I was thinking this morning perhaps the Chinese are treating Bitcoin as a transferrable savings account? The money goes in and stay there until it's spent?
 
Dynoman said:
I was thinking this morning perhaps the Chinese are treating Bitcoin as a transferrable savings account? The money goes in and stay there until it's spent?
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What is a wallet?. How do people generally use wallets?.
Bitcoin/alt dig currencies have wallets (they are not called bank accounts), and they should be treated as wallets, IMHO. If people want to use them as bank accounts, it is obviously at their own risk.
Each day, more and more businesses are setting up to accept Bitcoins etcso there is less and less reason to move back to fiat as each day passes.
 
Earthjade said:
American Silver Eagle coin sales:

http://blog.uncommonwisdomdaily.com...011/03/chart-of-the-day-silver-coin-mania.jpg

Sales reached a record 40 million ounces this year.
http://www.coinnews.net/2013/11/12/us-mint-silver-eagle-sales-reach-record-40175000/

Get out of this speculative bubble while you can.
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Is this a serious attempt?
Your timeline is from 1987 till 2011, 24 years, compare that to the timeline of the tulips, southeastcompany and nikkei, just a few years. story.
And why does your silver timeline stop in 2011? You say get out of this speculative bubble while you can... 2 years post peak, at a price less than half the peak.
And then we have bitcoin, just a 2013 story. Less than 1 year, compared with 24 years silver.
What has inflation to do with silvers trend? Considering 24 years - alot?
What has inflation to do with bitcoins trend? Considering 1 year - ehm?
These comparisons are a good illustration of how anything can be claimed, by just selecting the start and end plots on the timeline.
 
Pirocco said:
Is this a serious attempt?
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Of course not.
The other silver comparison chart was, though. If true, then silver has truly busted, hasn't it?
But the funny thing about any of those other charts shown is that by any measure, there is at least a few good months where the Bitcoin bubble will keep inflating.

Tulip Mania = 18 months
South Seas = 6 months
Nikkei = 4 years
Mississippi Bubble (not listed above) = 8 months
Dot Com Bubble = 16 months
US Housing Bubble = 5 years
British Railway Bubble = 2 years

Bitcoin Bubble = 1 month?
Somehow, I doubt it.
 
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