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Showing 20 of 34 results by Ovum
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Topic
Board Announcements (Altcoins)
Re: Unique platform for investors
by
Ovum
on 27/06/2018, 00:53:42 UTC
As I understand it, you signed an agreement with the advertised ICO, and in return received a discount from them? Do I understand you correctly? I tried to buy a pair of Arcona tokens, they did though, did not expect to see them.
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Topic
Board Altcoin Discussion
Topic OP
Distribution model of coins, altcoins
by
Ovum
on 25/03/2017, 14:05:02 UTC
Hi,

Is there any coin with a distribution phase graph similar to logistic growth?
I was thinking that would be the most reasonable approach, because in the beginning the coins do not have worth and so there's no point in securing the network, and no need for so much printing. Wouldn't that way lead to a more decentralized currency, the miners would have time to join, and less rush in the initial phase as with logarithmic distribution?

If not, why not?
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Topic
Board Speculation
Topic OP
not a single thread talking about the all time high? what happened
by
Ovum
on 23/02/2017, 18:27:46 UTC
Hey ppl
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Topic
Board Speculation
Topic OP
Bitstamp unusual depth
by
Ovum
on 16/06/2016, 17:17:30 UTC
Did anyone noticed that there are almost no buy offers up to 670 ?
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Topic
Board Speculation
Topic OP
China and the market
by
Ovum
on 28/05/2016, 14:54:54 UTC
It seems that China is leading the bitcoin market for some time now.
So it's an exercise in futility to predict what is going to happen without knowing what happens there.

Thoughts?
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Topic
Board Speculation
Topic OP
Why is there such a huge wall?
by
Ovum
on 22/05/2016, 10:09:00 UTC
that twinkles? going up and down. red colour, on the right side
Post
Topic
Board Bitcoin Discussion
Re: Call me crazy
by
Ovum
on 17/01/2015, 18:21:45 UTC
This is one of the best topics today, it still holds the exact same utility!

Yes, but whilst we can argue price doesn't really matter the value of the coin is what ultimately makes the miners keep on mining and without them there is no bitcoin or blockchain and that is something to keep in mind.

Nop, that is not true, as long as there are some miners, bitcoin keeps on going. The difference is that the difficulty drops. So it's easy to find bitcoins.. so they find more blocks.
Percentage % of the network is what matters.

Less miners smaller network.. no worries.
Post
Topic
Board Speculation
Re: Counter to "Why Bitcoin is dropping ...buying." AMA format / doomsday debunked
by
Ovum
on 06/01/2015, 20:55:08 UTC
I see the spreading of a lot of misinformation in the thread referenced above and in these forums - info that is either based on incorrect premises or a misunderstanding about how the financial system works in the United States.
So? We've got people here who believe in perpetual motion machines; that the world is being controlled by Jews, lizards, and/or Jewish lizards; that aliens walk among us; that humans can survive without food; and IPU knows what other nonsense. The Speculation forum in particular attracts many people who don't understand how financials markets work or even basic economics for that matter. These people are immune to basic logic, and I doubt you'll be able to convince them of anything, though you're of course welcome to try.

I didn't even bother reading the thread you're referring to, as the whole premise is ridiculous on its face and really not worth responding to at all.

I work in the financial investment industry and want to clear things up so that people do not scare you into buying into their own agenda.  So what I want to do is debunk some of these misconceptions with facts, not opinions or theories, about how our financial system works in the United States.
If you think that'll help.

So please, ask me anything or tell me why you think the US is "going bankrupt" or the Federal Reserve "prints money" or fiat is dead or petrodollar or the implosion of the dollar, and I will respond.
I can't speak for the rest of the forum, but I don't think any of those things, except perhaps for the implosion of the dollar. Though I don't think it's going to happen anytime soon, of course, or that it'll be so sudden that nothing can be done about it when it happens.

To start things out I can start by saying that the United States is not bankrupt or anything close to it.  A nation which can print its own currency, tax output and has no foreign-denominated debt can never go bankrupt.  The national debt will never be paid down nor does it need to be and this is not a problem.  The government could issue only very short government debt and essentially controls the interest it pays on its own debt, if it were to ever become a problem.
This is Economics 101. Tell us something we don't already know.

Where did they said that? Is there a thread. I thought about it one day and found some articles.
edit: sorry the off-topic
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Topic
Board Speculation
Re: Falllling is right again, Bitcoin will continue the downtrend
by
Ovum
on 22/10/2014, 15:56:22 UTC
riiiising vs fallling, the clash of the titans.

No most likely someone with too much time on their hands who thinks trolling the message boards somehow fulfills a missing part in their lives really...
Looks like the bear trolls' employment contracts are up and they've gone away.

I worked with Blitz to get fallllling and all the other bear accounts banned. So I don't think you'll be hearing from them any time soon.  Grin Grin

 " .. anti group think stuff .. "


+1
Post
Topic
Board Bitcoin Discussion
Re: PAYPAL FOUNDER PETER THIEL: “BITCOIN IS THE OPPOSITE OF PAYPAL”
by
Ovum
on 21/10/2014, 23:53:28 UTC
...
Quote
Bitcoin is the opposite of PayPal, in the sense that it actually succeeded in creating a currency,”...

Everybody is missing the best part of his quote:

Peter Thiel originally wanted Paypal to BE a 'digital currency' which helped protect people from unstable Gov't currencies. They succeeded at building a huge company, but failed at the original vision. He is giving BTC a big compliment by saying "it actually succeeded in creating a currency".



This, lots of people, even in bank positions are on our side, even if doesn't seem at first.
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Topic
Board Bitcoin Discussion
Re: How IT people waste their time to making BTC sites, who do not have users
by
Ovum
on 20/10/2014, 18:13:14 UTC
There are a lot of people, especially IT people, who try to make BTC sites, but in fact BTC users market do not demand that or BTC users market is not enough large for so many projects. Why they are wasting their time, what you guys think ?

one question,
what sites in particular are you refering to?
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 18/10/2014, 13:57:16 UTC

But it's different man Sad


suit yourself Smiley

I think it was Confucius that said
"You can lead a horse to water, but you can't make it drink."

Only time will tell how fast, and how will be the ride. But ye something is beginning to form on the horizon.
(different shape though!)

Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 18/10/2014, 13:37:41 UTC

Then add fibo.

Then tell me they are so different. Smiley

But it's different man Sad
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 18/10/2014, 13:33:41 UTC
To me it looks pretty obvious, what is happening. 

http://s14.postimg.org/lmrhhoh41/obvious.png



Just look at the graphs.
The first is pure ecstasy, I can feel it just by looking.

The second is confusion and at most trying to repeat the other.
Sadly different indeed.
Post
Topic
Board Speculation
Re: Something, something, something, technical analysis
by
Ovum
on 18/08/2014, 20:38:10 UTC
The idea is that after a period of decreasing volatility (that "triangle" on BBW) the market tends to "remember" the volatility of the prior breakout and tries to relive it.  The real target is where BBW slows down and forms a top, the price target is more of a guess of how that might happen.

So, what is (was) in this case the previous breakout. For what you said it seemed the price would break up, but from the graphic, there's the sign down that was accurately correct. So why you say that failed epically?
Post
Topic
Board Bitcoin Discussion
Topic OP
Just want to say (btc value "history")
by
Ovum
on 24/05/2014, 21:36:18 UTC
Just wanted to note, in two years as we are here, bitcoin had an apreciattion of 10000%
Source bitcoinity, change: +9999.75%
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 12/03/2014, 20:41:44 UTC

A voluntary society cannot be designed at all. It will be emergent. When a critical mass of people realize that the rules we tell children to live by (namely don't hurt people, don't mess with their stuff, and keep your promises) should be applied across the board, and that no other general rules are necessary, then such a society will form.

There can be no formula for dealing with people in need. As soon as such a formula is known, most of the marginally needy and some of the non-needy attempt to game the system. Subsidizing poverty creates more poverty. The best way to deal with those in need is on an individual case-by-case basis. It's too important of a problem to be left to monopolists. Concrete answers are wrong answers.

Great post,
Just wanted to say that
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 14/02/2014, 02:07:02 UTC
We need a sportscaster to call out the play-by-play live action during these events.

Someone should definitely do that!
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ovum
on 14/02/2014, 01:50:04 UTC
Where are all the hodlers and bulls now?

All the time this exaggerated price postings, and now time is changing and no more hodl, no more buy, buy! Poor Bears?

Only sodl?

Now i can see here only a handful people with eggs, the rest has gone, converting to fiat or dogecoin.



Price is 580$ what do you want more?
Post
Topic
Board Bitcoin Discussion
Re: Does anyone else think bitcoin is a stupid name?
by
Ovum
on 22/11/2013, 21:32:37 UTC
I don't like it, but that's just my opinion, too simple name for a complex and new currency.