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Showing 20 of 172 results by tooil
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Topic
Board Speculation
Re: When will bitcoin reach 500 USD again ?
by
tooil
on 22/09/2015, 19:23:20 UTC
...and why do you think so ?

Unlikely to hit that high again when so many people get burn.
Post
Topic
Board Speculation
Re: Shorts on Bitfinex at a all time high!
by
tooil
on 03/05/2015, 16:07:39 UTC
Well shorts are down to 26K, an 8K drop since the ATH on April 27th. Looks like more and more traders are starting to feel that the 17 month bear market might be coming to a close.

Should have been in bull by now if all these ASIC miners are selling at a loss.
Post
Topic
Board Economics
Re: If Greece defaults
by
tooil
on 03/05/2015, 16:06:19 UTC
Unfortunately, it seems all of Varoufakis tricks are coming to an end. Tsipras has decreased his authority and now he will not be the main negotiator in the eurogroup.

Yes, just read this one:

http://greece.greekreporter.com/2015/05/01/varoufakis-tells-attack-witness-he-might-be-expelled-from-greek-government/

“If you know that the system is rotten, why don’t you do something to change it?,” an anarchist asked Varoufakis to get a stunning reply.

“It’s not possible, simply. This is the current system, I tried, but I failed. It’s impossible,” admitted the Greek Finance minister according to the witness.
- See more at: http://greece.greekreporter.com/2015/05/01/varoufakis-tells-attack-witness-he-might-be-expelled-from-greek-government/#sthash.rtZQnkFy.dpuf


Wow that was a good one, as a voluntaryst myself, i have never thought that there is a single politician out there that has its integrity.

Most of them are just parasitic, thief ,manipulator ,cockroach, sociopaths and some even psychopaths, acting as if they were God on Earth.

Well that guy seems different. Good luck for him, too bad he will be thrown out quick, the scum doesnt like honest people hanging around them.

All decent politicians can never survive, it's just not their "game" if they can't cheat.


Need to play dirty to get elected because the citizen is too stupid. By the time any decent men get thru the election process, they are already rotten to the core.
Post
Topic
Board Speculation
Re: 5 Tips for Successful Bitcoin Trading
by
tooil
on 24/11/2014, 17:46:00 UTC
Best trading/gambling advice I ever received is don't trade/gamble.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoiners, Stop Worrying About Everything!
by
tooil
on 24/11/2014, 17:30:09 UTC
The only thing we have to fear is fear itself.


Self referencing is not a valid argument.
Post
Topic
Board Bitcoin Discussion
Re: How to identify a bitcointard
by
tooil
on 06/11/2014, 13:41:49 UTC
I think most if not all of the bitcoin earlier adopter already cash out. People who fall into the bitcointard category are mostly late comers trying to become rich without contributing much.
Post
Topic
Board Economics
Re: The dow will hit 30k before it falls below 10k again.
by
tooil
on 06/11/2014, 13:38:13 UTC
80% agree. It's hard to say what the magic number will be, but USA has unequaled power of denial.

The denial is backed by real military might and printing press.

Illusion can become reality if one is strong.
Post
Topic
Board Economics
Re: The problem of holding and volatility.
by
tooil
on 23/10/2014, 10:39:48 UTC
By trading options, you can also handle the volatility more deliberately.

You need a counter party for the trade.

Only a fool would trade derivative based on bitcoin or short volatility.
Post
Topic
Board Bitcoin Discussion
Re: New York Looks to Slap Digital Currency With Death Sentence
by
tooil
on 23/10/2014, 10:38:09 UTC
Pretty heated arguments here with no obvious benefit of winning it.

Guess someone has too much time on hand.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Hollywood
by
tooil
on 18/10/2014, 19:25:12 UTC
Documentary from small independent company is more likely. There just isn't enough audience out there to pay 20 dollars to see a bitcoin movie.
Post
Topic
Board Economics
Re: Another Deal to Circumvent the Dollar
by
tooil
on 18/10/2014, 19:04:40 UTC
http://money.cnn.com/2013/10/10/news/economy/ecb-china-currency/



This time it's China and the European Union.  The Dollar may die sooner than expected?

Look like it will happen sooner than expected. Many economists were expecting this to occur over 1-3 decades.
Post
Topic
Board Economics
Re: Investing in Bitcoin companies?
by
tooil
on 09/10/2014, 10:58:24 UTC
The urge to invest in bitcoin companies is the old meme that you don't get rich digging gold, but selling the miners spades.

For bitcoin, this is not correct. Just buy some coins.

Someone have to invest in companies, but it doesn't have to be you.

I would disagree. Many bitcoin related companies can be successful regardless if bitcoin is successful (or if some other altcoin is successful). They are simply 'investing' in any crypto currency taking off. With bitcoin on the other hand you will only profit if bitcoin is successful

Bitcoin companies are strongly reliant on the community, the mainstream still sees Bitcoin as a huge risk and fraudulent system, while the exaxt opposite is true, Fiat and the financial system = Fraud. It's our job to get this in the open and to make GOOD bitcoin bussinesses a succes! So yes, it's hugely inmportant to support and invest in bitcoin companies if you have some btc to spare Smiley

Many Bitcoiners are involved in fraud (look at this forum) and many Bitcoin businesses are run in an incompetent or fraudulent manner (Mt Gox, CoinLab, Bitfloor, CoinLenders, ...) so I would not make that comparison.   

If the trend and pattern hold, that mean libertarian society and community do not work.
Post
Topic
Board Bitcoin Discussion
Re: What Do People Buy With There Bitcoin?
by
tooil
on 09/10/2014, 10:56:23 UTC
I have been involved in Bitcoin for a number of months now and have become ever-increasingly fascinated by the world that surrounds Bitcoin.

In my country there are a few places that except bitcoin as payment but as a whole it can be quite difficult to spend my Bitcoins. What I would like to know is what people are spending there Bitcoins on, and how easy they find it to find premises where they can spend it.

Many are buying a few in hope that bitcoin will make them rich in a few years.
Post
Topic
Board Economics
Re: I SAW 21000 BTC SELL WALL TODAYT
by
tooil
on 07/10/2014, 12:34:23 UTC
Ethereum wallet was moved again on Oct 4th, expect another 1000+ btc dump on the market soon.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tooil
on 07/10/2014, 12:32:53 UTC
Told you so!

you are just wasting your fiat ammo.

just play his game and profit!

people who bought yesterday will be selling again in few days and this will create even bigger pressure.


not really everyone...


you are right about that. not everyone will sodl.

I for one have already sodl for a nice profit.

This is the problem for bitcoin. It is mainly used as a speculative instrument and have little real world usage.
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Topic
Board Speculation
Re: Bitcoin's worst year
by
tooil
on 05/10/2014, 06:35:15 UTC
I HAVE INSIDE INFO FROM WHALES.

Quit lying.
Look at my previous predictions. If I was lying they would not have come true by now...several times. You just can't admit it, that there are people out there smarter and richer, and more powerful than you.

Anyone can create multiple accounts on bitcointalk and throw random darts at target. One will eventually come close to hitting the target.

I am just curious what benefit you get from bashing bitcoin? Are you shorting the coin? What are you trying to prove here?
Post
Topic
Board Economics
Re: Author of the book "The Death of Money" interview.
by
tooil
on 05/10/2014, 06:31:22 UTC
found this video  Cool

Jim Rickards & James Turk debate BITCOIN!

https://www.youtube.com/watch?v=wItCW3WYjhs


about 5 months old but has some good points.



Thanks for sharing this link.  I like listening to Rickards.  It is good to listen to Bitcoin skeptics especially when they are as smart as Rickards.

Watching now and quoting it for future reference.
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Topic
Board Economics
Re: Author of the book "The Death of Money" interview.
by
tooil
on 01/10/2014, 16:36:30 UTC
Informative interview.

While the author is very knowledgeable, kind of sense he is just another good salesman.
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Topic
Board Off-topic
Re: TV Series Recommendations...
by
tooil
on 01/10/2014, 16:31:27 UTC
Seem to have a lack of good TV series lately.
Post
Topic
Board Economics
Re: Overnight major Ponzi scheme CryptcoMiner finally absconds with over seventy BTC
by
tooil
on 17/09/2014, 08:03:55 UTC
That many people fall for it?

Sound like a good ponzi for the author if he made 70 btc with it.