Quote from: cypherdoc on July 12, 2011, 02:17:00 AM

Quote from: imperi on July 12, 2011, 01:26:47 AM

Quote from: cypherdoc on July 12, 2011, 01:25:44 AM

Quote from: qikaifu on July 12, 2011, 01:15:29 AM

Quote from: Littleshop on July 11, 2011, 06:05:23 PM

Quote from: qikaifu on July 11, 2011, 03:33:47 PM

Quote from: proudhon on July 11, 2011, 03:31:24 PM

Quote from: qikaifu on July 11, 2011, 03:29:38 PM

He is always ready to give you a crash after your panic buying.
Keep money in hand and be patient, withdraw your open bid orders, to help the price fall, and you will get cheap coins.

Be afraid, be very afraid.

I don't see what's wrong with being aware of the existence of the big holders, especially those ones who are always ready to slash the market. Stop yourselves from panic buying and always being patient, you will get better chance to buy in at a cheap price.

Because slashing the market is in the interest of big BTC holders? Huh

People have different view about the future of bitcoin. Maybe the big BTC holders are not big believers.

you repeatedly put up these threads trying to spread FUD. why don't you put you money where your mouth is if you're so sure the way its headed. you ignored my bet offer in the last thread so i'll repeat it here:

i'll bet you 100 btc that the price of btc will be higher in USD one year from now than it is today. put up or shut up.

That's a terrible bet for him. If you win, you get more value in winnings than if he were to win. You need to bet something that has sticky value such as dollars.

USD sticky value? you mean the currency that has just gone straight down since 1913?

your argument is bunk. i made this argument to you in the other BTCEconomist thread. the market price now reflects all info about the USD/btc exchange rate today and there is no reason to think the price will be any different one yr from now than it is today. no one knows which way the price is going to go.

b/c of that if the btc rate is 1 cent lower than today in 1 year, he still wins significant value from me. if i win b/c the exchange rate is 1 cent higher, i win significant value. your argument would hold only if the btc price plunges which seems highly unlikely to me and in that case, i still lose $1400.

let me make this same argument this way:

if we make the bet in USD, say $1400, if the btc price goes to the moon b/c the USD goes to zero, its a stupid bet for me b/c i lose either way. i would have sold $1400 worth of BTC to raise the money to place this bet in USD and i would have lost the opportunity to have benfitted from the moonshot of those same BTC and the USD i win will be worth zip. hows that for stupid logic?