Bitcoin

unregisterred said:
do you smoke a lot of pot? magic mushrooms? huff VCR cleaner? serious question.
More...

The classic illegal stimulant for Trolls has been Slab, ammonium chloride cut with radium. However, there are a number of other less common and much more dangerous substances. Most, if not all of them, begin with an "s", but there are a few exceptions:
Crystal Slam
Scrape
Slab
Sleek
Slice
Slide
Sliver
Slump
Slunkie
Slurp
Honk

read more:
http://wiki.lspace.org/mediawiki/index.php/Troll_drugs
 
Pekelo said:
No you didn't. You sent it to your private wallet, BC is a public ledger, not a wallet service. The transaction just showed up there, because it is like a financial ledger, recording all transactions...

Yours is an excellent example that even people who like bitcoin doesn't even understand the basic features and workings of the invention. So good luck with the average grandma...

But I was glad to help you out...
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Yes. Yes I did. blockchain is the ledger. Then I moved from blockchain to my physical wallet and a USB backup.

Didnt you say you were putting me on ignore about 6 months ago? Hows that combine going...

You did nothing to help me out. And you are a condescending know it all type. So please. Put me back on that ignore list so I can interact with people who really want to help and share information without the attitude.
 
Hi guys, I'm new to this forum. I've got an active interest in bitcoin.

I've read through the thread and I'm just wondering if anyone is actually trading bitcoin? If so, are you just buying and selling? What are people's view on where the price is heading in the short and long term?

I think with bitcoin's high volatility, there is some good money to be made by trading it.
 
it seems every time I get interested in buying some bitcoin [or litecoin]
i find it too hard to open an account,
or open an account that i like,
so i have to start the whole process all over again
[while i'm busy with my [real] life]

marc
:(:mad:
 
marcoPolo21 said:
it seems every time I get interested in buying some bitcoin [or litecoin]
i find it too hard to open an account,
or open an account that i like,
so i have to start the whole process all over again
[while i'm busy with my [real] life]

marc
:(:mad:
More...

Currently we are in a booming lifecycle-phase of the Merchants (it's just going too well too fast: too many big and exiting Merchants join Bitcoin {today Uber and AirBNB are knocking on the gates, tomorrow it will be eBay }). This all causes sell-side pressure on the Bitcoin-price (each new Merchant generates a lot of Bitcoin-transactions converted to $).

What Bitcoin needs now is much easier tools for consumers and small-investors to buy and store coins conveniently and safe. The world needs tools like Coinbase (which is currently only available in the USA). The new Circle.com might just do that.... but they are acting too slow (compared to the extremely fast adoption of Merchants).
And we need those Merchants to pass-through the incentives (give 3 to 10% price reductions like Newegg.com does). When this happens in mass, then Bitcoin will enter it's next phase...

For Traders here on ET: you have to wait till the ETF is approved and launched at Nasdaq (ticker COIN). Then we all can use our favorite brokers and trading tools to trade this asset in a professional way.
 
Hoi said:
Currently we are in a booming lifecycle-phase of the Merchants (it's just going too well too fast: too many big and exiting Merchants join Bitcoin {today Uber and AirBNB are knocking on the gates, tomorrow it will be eBay }). This all causes sell-side pressure on the Bitcoin-price (each new Merchant generates a lot of Bitcoin-transactions converted to $).

What Bitcoin needs now is much easier tools for consumers and small-investors to buy and store coins conveniently and safe. The world needs tools like Coinbase (which is currently only available in the USA). The new Circle.com might just do that.... but they are acting too slow (compared to the extremely fast adoption of Merchants).
And we need those Merchants to pass-through the incentives (give 3 to 10% price reductions like Newegg.com does). When this happens in mass, then Bitcoin will enter it's next phase...

For Traders here on ET: you have to wait till the ETF is approved and launched at Nasdaq (ticker COIN). Then we all can use our favorite brokers and trading tools to trade this asset in a professional way.
More...

I agree. What is needed is a bitcoin card that act as a debit card minus the legacy credit card fees. Something idiot proof that people can use without any effort or knowledge of how the network operates. Or something like an email attachment. It will come around. In the meantime, I think I will order a Trezor tonight.
 
Bitfinex's AMA:

http://www.reddit.com/r/BitcoinMark..._josh_rossi_from_bitfinex_here_to_talk_about/

"tl;dr 1. our algorithm seeks to slow down orders that are seem either manipulative or obviously a mistake. 2. it is private and has been updated, so any strategies based on the old version will probably be risky to run 3. it operates on both sides of the book, in either direction, but margin for long positions has been dramatically more popular. 4. it should not affect you, if you just trade normally.

out of the approx 10k coins that were closed out during this one period, around 650 of them were due to a margin call. The others were due to huge orders basically making up the rest of that."
 
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