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re: Stock markets vulnerable to hack - flash crash, about $100 billion disappears

Posted on 4/23/13 at 10:34 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10736 posts
Posted on 4/23/13 at 10:34 pm to
quote:

My new sig quote!





These threads really amaze me.
Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/23/13 at 10:38 pm to
quote:

yes in about six years


I can't take daily coin threads for the next 6 years.

Please tell me bitcoins die or dominate before 2019
Posted by LSURussian
Member since Feb 2005
135060 posts
Posted on 4/23/13 at 10:39 pm to
quote:

These threads really amaze me

If you really want to have some belly laughs you should go to the btc-e website and read the comments in the message board section of that btc exchange.

It's like an entire board of wiki's all trying to find relevance in their lives.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/23/13 at 10:42 pm to
quote:

Please tell me bitcoins die or dominate before 2019


you will see strong growth for the next six years. 2019 will be when the stragglers begin to jump on board, like moms joining facebook


This post was edited on 4/23/13 at 10:45 pm
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 4/23/13 at 10:57 pm to
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Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/23/13 at 11:02 pm to
Ok. Tech adoption is Gaussian. I get that.

Where are you getting 2019? Can you accurately predict the bitcoin cycle at this stage? If so, I'm impressed.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/23/13 at 11:06 pm to
quote:

Where are you getting 2019?



just basing it on past history which demonstrates that mainstream technology adoption takes about 10 years from initial introduction
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/24/13 at 12:27 am to
quote:

There's no reason to explain the tech to Poodle.
Finally, you've got one thing right. My questions require answers that are completely independent of the technology involved. They were purely economic in nature. Your inability to understand that is not surprising.

BTW, I understand the technology better than you understand the economics. I'd be willing to bet I understand the mathematics behind the cryptography better than you as well. Every technological problem I have asked you about has been identified by others before me. In fact most of my questions were inspired by the works of others such as LINK.

quote:

I could explain the importance of the miners to you, but you'd probably take something I say out of context and ask me an irrelevant question like you've done multiple times in this thread.
I realize that miners are essential to the Bitcoin network. Their computational power not only unlocks new Bitcoins, but it validates the Bitcoins being used in a transaction tracing the history of their ownership from the moment of mining to the present.

So your final fall back response is to claim my questions are too stupid to deserve answers. I'm more inclined to believe you do not have the ability to answer my questions.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 4/24/13 at 6:03 am to
Wiki doesn't want to answer those questions, if he answered honestly, he might lose faith in his beloved Crapto-currency.
Posted by LSURussian
Member since Feb 2005
135060 posts
Posted on 4/24/13 at 6:03 am to
quote:

So your final fall back response is to claim my questions are too stupid to deserve answers. I'm more inclined to believe you do not have the ability to answer my questions.
BINGO!
Posted by LSURussian
Member since Feb 2005
135060 posts
Posted on 4/24/13 at 6:27 am to
quote:

Bitcoin is actually up about 40% for the month of April

DOWN over 50% since April 10.
Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/24/13 at 8:03 am to
Didn't want to make a whole new thread for this, but it appears that the bitcoin Ponzi scheme experiment isn't going to die anytime soon:

Here's why venture capitalists want to make Bitcoin 'the next big thing'
Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/24/13 at 9:12 am to
quote:

DOWN over 50% since April 10


Not anymore. Zooming up again.

$143
This post was edited on 4/24/13 at 9:13 am
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/24/13 at 9:13 am to
quote:

Not anymore. Zooming up again.

$143


it's actually at $159.87 right now
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/24/13 at 9:22 am to
David Marcus, president of EBay Inc.'s PayPal unit:

quote:

And I think here, for us at PayPal, it's just a question of whether Bitcoin will make its way to PayPal's funding instrument or not, and we're kind of thinking about it right now.



Video (go to the 2:50 mark in the video to skip to the bitcoin part)
This post was edited on 4/24/13 at 9:49 am
Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/24/13 at 9:36 am to
quote:

it's actually at $159.87 right now


I'm looking at blockchain. Are their numbers not accurate?
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/24/13 at 9:38 am to
quote:

I'm looking at blockchain. Are their numbers not accurate?


I think they just publish the previous days volume average or something like that

for real time data, check out: https://bitcoinity.org/markets
Posted by gizmoflak
Member since May 2007
11858 posts
Posted on 4/24/13 at 9:45 am to
quote:

And I think here, for us at PayPapl, it's just a question of whether Bitcoin will make its way to PayPal's funding instrument or not, and we're kind of thinking about it right now.


Who the hell is PayPapl, and why should I care what they think?

Once again, this proves bitcoin is a fraud and you delusional bitcoin fanboys are the biggest suckers to walk the face of the earth. Take that to the BANK.
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/24/13 at 9:47 am to
quote:

Who the hell is PayPapl, and why should I care what they think?


LSURussian, is that you?

quote:

Once again, this proves bitcoin is a fraud and you delusional bitcoin fanboys are the biggest suckers to walk the face of the earth. Take that to the BANK.


Holy shite, you have his persona down perfectly!
Posted by joshnorris14
Florida
Member since Jan 2009
47226 posts
Posted on 4/24/13 at 10:43 am to
Surging again, up $30 today
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