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Showing 20 of 43 results by zdmas
Post
Topic
Board Economics
Re: Price Rising Again!
by
zdmas
on 19/06/2011, 22:46:25 UTC
It's kinda hard when the exchange is shut off until later today.
Post
Topic
Board Marketplace
Re: Selling: New Unopened Sapphire Xtreme Radeon HD 5830
by
zdmas
on 19/06/2011, 22:45:07 UTC
I've got about 5, if I can get my BTC back from Mt. Gox.... Maybe we can work something out?
Post
Topic
Board Bitcoin Discussion
Re: The Writing on the Wall
by
zdmas
on 19/06/2011, 21:12:14 UTC
This can be nothing but bad press for Bitcoin, I think it's screwed.
Post
Topic
Board Trading Discussion
Re: URGENT: What is next and legitimate on MtGox after the security issue?
by
zdmas
on 19/06/2011, 20:57:29 UTC
Agree that it is difficult...

and there is one important overall question:

Is the fact that the BTC market was unregulated equaling that the exchange owner can just do anything?

I guess many people buying bitcoins at MtGox  were -  rightly or wrongly -  assuming that standard exchange practices were followed. Shouldn't now standard exchange principles apply?

The fact that bitcoin is unregulated does not automatically mean that an owner can just ignore standard existing practices of exchanges (and that's what it is).

Does someone have some standard knowledge of how normal exchanges would need to treat the issue that happend today on bitcoins?

Including placing bid / asks order again where they were or not?


You tell us, you're the expert on this kinda stuff right?

I feel this is gonna seriously jack up the willingness to accept bitcoin now.
Post
Topic
Board Marketplace
Re: Selling: New Unopened Sapphire Xtreme Radeon HD 5830
by
zdmas
on 17/06/2011, 23:32:40 UTC
How much do you want?
Post
Topic
Board Marketplace
Re: {SELLING} TWO XFX 5970 BLACK EDITIONS {SELLING}
by
zdmas
on 17/06/2011, 19:13:15 UTC
How much in BTC?
Post
Topic
Board Economics
Re: When will the $15 barrier be broken?
by
zdmas
on 17/06/2011, 17:41:24 UTC
Broken Sad

I think it may drop below $14
Post
Topic
Board Trading Discussion
Re: Does MtGox have a minimum?
by
zdmas
on 17/06/2011, 05:31:10 UTC
0.85 works, .85 does not

Which is annoying and has made me miss two good trading prices today.
Post
Topic
Board Economics
Re: Price seems stable now...
by
zdmas
on 17/06/2011, 00:42:48 UTC
Oh god! Now you've made this thread the price of btc is crashing faster than the world trade center did after the government blew it up in their false flag operation to invade iraq!! fuck!!

Firstly, you're crazy, secondly, it's hopped back up to 17.36. I made a nice buy at the low point and sold just now, nice instant cash.
Post
Topic
Board Economics
Re: Are huge things afoot?
by
zdmas
on 17/06/2011, 00:01:38 UTC
Price is dropping like insane right now
Post
Topic
Board Economics
Re: Massive Spread Currently On Mt. Gox
by
zdmas
on 14/06/2011, 21:14:57 UTC
It has nothing to do with economics.  Huge spreads happen with low volume.  The more volume the market has, the tighter the spread.

Volume looks high to me.

I don't trust Mt.Gox's volume, pricing, market depth, or any other data as far as I can throw it... and I can't throw it anywhere.

I like the way you put it hahahahaha
Post
Topic
Board Economics
Re: Price Rising Again!
by
zdmas
on 14/06/2011, 21:13:45 UTC
I do to, isn't it great?!
Post
Topic
Board Marketplace
Re: How Does GLBSE Work?
by
zdmas
on 14/06/2011, 04:51:04 UTC
That's an issue I had, I couldn't get the client to work. I'll try again tomorrow.
Post
Topic
Board Marketplace
How Does GLBSE Work?
by
zdmas
on 14/06/2011, 03:59:30 UTC
Could someone in layman's terms explain how it works and how money is paid out and such? How do you know you won't get burned? How do you start a company through it? The page is a bit uninformative.
Post
Topic
Board Economics
Re: Price Rising Again!
by
zdmas
on 14/06/2011, 01:49:46 UTC
I'm actually hoping for a downturn now, bitcoinwatch seems to say that shortterm the price will drop due to the price going below the 50h moving average.

I was only talking about the next 1 to 2 hours. The last bearish phase lasted a "whole day", so this rally up from $16 may still have an exciting top coming up soon tonight.  Smiley

Note: "On Average" these statements about rallies having an exciting top are usually true, nothing is certain.

Currently the ticker reporting on Mt. Gox is broken, so for all we know, we could have missed the top.
Post
Topic
Board Economics
Re: Price Rising Again!
by
zdmas
on 14/06/2011, 01:24:13 UTC
I'm actually hoping for a downturn now, bitcoinwatch seems to say that shortterm the price will drop due to the price going below the 50h moving average.
Post
Topic
Board Economics
Re: Massive Spread Currently On Mt. Gox
by
zdmas
on 14/06/2011, 01:11:31 UTC
Video Games, clothing, hardware, software

All of those classes of products are available via Bitcoin.
Let's make this realistic.

I'd like to buy one of the new AM3+ Asus Sabertooth mainboards, along with a befitting black edition Phenom and 1833 CL7 RAM with at least 5 year warranty, preferably from the same merchant, shipped to Germany speedily at competitive prices.

Can Bitcoin do that right now? I doubt it. There are a few dealers who can fulfill my request, but none accepts BTC! I would have to use some middle man magic, and nobody feels like doing that.

That's the thing. It's like saying Android has a good security model -- it's all good in theory, but the reality is: there's still a lot to do.

That's exactly the problem.

If this is not a troll: http://forum.bitcoin.org/index.php?topic=16457.0

It could the the hacker selling the coins away.

I don't think it's a troll, look at his post count.
Post
Topic
Board Economics
Re: Price Rising Again!
by
zdmas
on 14/06/2011, 01:10:51 UTC
I bought at 16 and sold already, I'm not buying into the mass panic and actually profiting off of it.
Post
Topic
Board Economics
Re: Massive Spread Currently On Mt. Gox
by
zdmas
on 13/06/2011, 23:30:10 UTC
Maybe that's what we need then, some HFT (High Frequency Trading) on Mt. Gox
Post
Topic
Board Economics
Re: Massive Spread Currently On Mt. Gox
by
zdmas
on 13/06/2011, 23:04:48 UTC
Video Games, clothing, hardware, software

All of those classes of products are available via Bitcoin.

From an actual website, or via OTC, I prefer ordering from websites, and I've found the price volatility and stock of items are too difficult to combat when buying these products.