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Showing 20 of 46 results by botlove
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Topic
Board Speculation
Re: What do you think the price of bitcoin will be 1 year from today (feb 2015)?
by
botlove
on 08/02/2014, 18:45:30 UTC

Total guess here - about $2000/BTC.

I'm hoping to see some $350 coins again before May, though, then see the price shoot back up quickly around June-July.
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Topic
Board Altcoin Discussion
Re: [Datacoin] New giveaway - 1 DTC per person! 200 total to be given away!
by
botlove
on 09/01/2014, 02:56:02 UTC
DA3ws8u2te58caoNzWCoQFzCyVJ92RBLxm

merged mining with AnonCoin or FreiCoin?  hmmm i dunno

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Topic
Board Scam Accusations
Re: Scammer Protection?
by
botlove
on 16/06/2013, 05:34:23 UTC
Kruniac - Are you living in a trailer park?

this guy?

http://casesearch.courts.state.md.us/inquiry/inquiryDetail.jis?caseId=21C10036907&loc=59&detailLoc=CC


the guy that said, and I'm quoting you here:
 "I condone lynchings. I condone crime, too. Anything that wipes out a few more human beings is a good thing. Most people dont deserve to exist anyway." Posted May-29-2008 By Kruniac
Read more at http://www.liveleak.com/view?i=1aae28d04e&comments=1#ZQ8lbCELbcKQgoPJ.99 "
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Topic
Board Hardware
Re: Avalon batch [3] countdown!
by
botlove
on 17/05/2013, 01:37:20 UTC
I don't think it should be up to the customers to sit around guessing at their delivery dates...  and I don't think "May 5st" is a valid delivery date.  =)   
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Topic
Board Hardware
Re: Will Avalon Batch 3 or raw ASIC Chips ship first?
by
botlove
on 10/05/2013, 00:46:48 UTC
It would be a travesty if chips shipped first.   That would not be a good move on their part being that Batch 3 was ordered "before" the chips.  

i totally agree

how much time passed between batch 3 sales and the bulk chip sales?  In my opinion, that number is the MINIMUM amount of time that should pass after the last batch 3 unit is delivered , until the FIRST bulk chip order is delivered.   I'm guessing that's about 2.5 months.

/EDIT:   This issue is not as significant when you compare the relative processing power of batch 2 versus batch 3, and therefore batch 3 doesn't absolutely need to be delayed as much as the chips.  but the chips, when shipped, will devastate the ROI on the customers of batch 3....... there's a big difference... so let's not even start comparing the delay of batch 2 / batch 3 delivery to the delay of the bulk chip delivery.....

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Topic
Board Economics
Re: The Switzerland of Bitcoin
by
botlove
on 25/04/2013, 00:28:04 UTC
I'd like to see an exchange created within a native American reservation territory in the USA

 
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Topic
Board Speculation
Re: What happens if I....
by
botlove
on 21/04/2013, 20:11:37 UTC
no you cant spoof it or delay it, that's all server side.   you could maybe fool yourself into thinking you're not going to pay the required amount, but you would...

but if you bought 50 btc at $118 and waited three days, and sold it at $135, yeah, that's a profit.


/EDIT:  Don't do that.  there's no way to know future price
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Topic
Board Speculation
Re: ddos might actually send us higher
by
botlove
on 21/04/2013, 20:01:09 UTC
i hate to say it, but i think you could be correct.  If I had sold something for bitcoins 20 minutes ago, i might actually make a profit if i decided to convert back into fiat now  =)  that means , at least for now, I' ignoring all the drama about vendor/merchant confidence problems!!!  wooot!
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Topic
Board Speculation
Re: What happens if I....
by
botlove
on 21/04/2013, 19:56:29 UTC
it took a waiting period, but yeah, i can just click 'buy' when the price is low, and it will debit my bank account after few days.  I get the coins for the price I saw on th escreen at the beginning of the process.  They provide massive stability.  =)
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Topic
Board Speculation
Re: What happens if I....
by
botlove
on 21/04/2013, 19:49:36 UTC
it refreshes to match current, so do it fast or don't do it

and yes, if you have a 50btc limit and you're willing to wait 3 days or so, you can time the price with that

I love coinbase.
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Board Speculation
Topic OP
Impressive - Merchant confidence returns!
by
botlove
on 21/04/2013, 19:45:45 UTC
I'm impressed.  I think the armchair investors figured out the game this time and the price returned to almost exactly the previous average within ,... what... 15 minutes?   As a merchant, if you had to sell, that's not so bad!  =)
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Topic
Board Speculation
Re: OKAY TIME TO SET EVERYONE STRAIGHT
by
botlove
on 21/04/2013, 19:01:25 UTC
hahahah

=)
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Topic
Board Speculation
Re: OKAY TIME TO SET EVERYONE STRAIGHT
by
botlove
on 21/04/2013, 18:21:53 UTC
Ashley, I've been watchin you, and like you, please don't be too cruel.  =)    And to the OP, please try not to talk about the drugs and money laundering.  Obviously, even if the activities did add value to bitcoins...  conversations and debates about contentious issues could be a big turn off to the newcomers to bitcoin, who might be on the fence about this whole BitCoin thing.  Sheeple only spend about 20 minutes researching a new topic, and I'd hope that their 20 minutes isn't spent reading a thread that tries to say the bulk of bitcoin value is an illegal activity.  =)   

Don't feed the bears, man.  OR the alligators.  OR the 'war on drugs'.   =)
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Board Speculation
Re: Trade to Transaction Volumes Ratio
by
botlove
on 21/04/2013, 17:31:48 UTC
when you do, please put a bitcoin address in the report for donations. =)
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Topic
Board Speculation
Re: OKAY TIME TO SET EVERYONE STRAIGHT
by
botlove
on 21/04/2013, 17:11:59 UTC
This is obviously stupid, buuut...  There is some truth to this.  Since every trader wants a margin, it's likely that each leg of a round trip of the silk road money is actually raising the price per coins, slightly.
The more something is useful, the more it's worth, the more interested society becomes, the more money people will pay for coins..

So it's the biggest exxageration I'll see today, but it's partially true, IMO
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Topic
Board Economics
Re: Your opinion of trading bots...
by
botlove
on 19/04/2013, 19:25:06 UTC
The right bots are a very very good thing.

Please note:  DnnBitcoin went down only about a week before the pop.  There would have been a ton of coins automatically bought and sold during the pop, if there had been more botters online.  That would bring more stability, and more liquidity, smaller margins, more competition.   Hell, I'll pay somebody $500 if they fix DNNBitcoin and make it public again.  =)    It's simple - you know the market manipulators want to move that price up and down for profit... that's a hell of a lot harder and more expensive when there are thousands of small bot orders in between the MMs and their margins.  =)

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Topic
Board Economics
Re: Bitcoin's problem is the low rate of new coins
by
botlove
on 19/04/2013, 19:21:40 UTC
The rate of new coins is a known number.   The whole world can plan and factor that into their calculations.  It's really not hard - supply versus greed, demand versus panic. Besides, it's only a few years old... improving every day...  And what have YOU done to contribute to improvements?
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Topic
Board Economics
Re: Bitfloor closes down, but with no interest in making things right
by
botlove
on 19/04/2013, 19:14:44 UTC
I gotta say, I'd ask them to cut me a check and send it in the mail, with a tracking number.
 There isn't any need for them to have your bank account information, in my opinion.  People have been using paper checks for a long long time.

   I'm beyond trusting people that hold my money and put hoops between me and my money. 

   I wonder if these people ever considered what will happen if they accidentally steal/hold the money that is being laundered by a mafia/gang smurfer. I'm not saying that you would be one of those people, buuut.... that's a genius idea... steal money from the black market users.  =)  I hope they have an updated will.  =)
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Board Speculation
Re: Are people getting greedy again so soon??
by
botlove
on 19/04/2013, 01:39:33 UTC
the part that bothers me a is that the total volume of coins for sale today is 1/3 what it was yesterday (on Gox).  That either means that 'Joe the plumber' owns 2/3 of the bitcoins now (could be a good thing in the long run as they get familiar with market making skills)  or more than likely, the price is being pumped in preparation for the next dump.  I probably shouldn't point out how easy it is to tell that there is an unrestricted rise at the moment.  But they didn't pay me to stay quiet.  =)   So, it's a cautious buy from me for today, but no higher than 115 for today, which means I either go to the bank tonight for deposit, or sit this price out and wait for the market to cool down.
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Board Speculation
Re: So who here sold at $50? lol...come on admit it.
by
botlove
on 18/04/2013, 00:08:04 UTC
hold that shit for a year if you have to! 
   (you could still break a small percentage off for swing trading, like 10%, initially for a loss, do just a couple trades a day maximum... to occupy your time).

I think my biggest problem below $88/BTC is this:  If I sell now, that sends a message to my family and friends that I've told about bitcoin.  I told them I believe in this cryptocurrency... and yes, I still do believe it will succeed.  I believe that WE THE PEOPLE will succeed. I believe Thomas Jefferson, Andrew Jackson and many others would have wanted us to succeed.   But if we all start compromising our beliefs and goals in exchange for dollars, then we've essentially become greedy hypocrite sell-outs.  If I sold during a crash or far below mean avg, while telling the public how much I love bitcoins, and that I'm in it for the long term security of the network.... what kind of asshole would I be?  Probably a pink flaming one.  =)  hahaha