/prog/ - Bitcoin is at $33

Name: Anonymous 2013-03-02 22:24

Please, /blog/, tell me there is a way to short sell this shit. We all know that this is a bubble, surely there is a way to profit on these morons, right?

Name: Anonymous 2013-03-08 0:17

>>160
And we can put it on kickstarter too!

Name: Anonymous 2013-03-08 0:49

>>160
I think this is a great idea. We can promote our bitcoin miner among the Reddit/Hacker News/Y Combinator communities "for the children."

Name: Anonymous 2013-03-08 4:50

>>162
Reddit likes children, especially girls. This might just work!

Name: Anonymous 2013-03-08 12:12

>>160-162
That's exploitive. Of you want to do that, just run a botnet.

>>163
But what happens when you are discovered? Then lolies that do need help will be ignored because people think it is a scam. That's mean and you shouldn't do it!

Name: Anonymous 2013-03-08 12:16

>>164

It would be like a botnet, but then like they install the software for you. Excellent!

Name: Anonymous 2013-03-08 18:29

Might there be potential for arbitrage? USD->BTC is $44.00, but JPY->BTC->USD is $43.96.^{^_[1]}

Kana, kana~

Nah, with the transaction fees and the ask\bid spread on forex, you probably wouldn't see a pip, even if you somehow managed to break even.

^{____________________________________________

^[1] - According to MtGox.}

Name: Anonymous 2013-03-08 22:14

Suggestion's from Anonymous-san:

Wait for BTC to fall for at least $25. Analyzse to see if it will continue falling or start rising. Depending, invest heavily on it or wait for a bigger fall.

Wait until it reaches around $50.

Invest all of it in LTC and wait.
Simply wait...
Sooner or later (perhaps it takes some years, perhaps some weeks), there will be a Silk Road or equivalent for LTC and prices will skyrocket.

Name: Anonymous 2013-03-08 22:14

Suggestion's

What a shame! Please kill me.

Name: Anonymous 2013-03-08 22:56

>>168
bah it's the same as "suggestions" for all intensive purposes (:

Name: Anonymous 2013-03-08 23:26

Wait for BTC to fall for at least $25.
You'll probably be waiting a long time.

Name: Anonymous 2013-03-08 23:29

>>170

What's your prediction for its minimal value this time?

Name: Anonymous 2013-03-08 23:34

Why would any of you retards take investment advice from fellow /frog/riders?

Name: Anonymous 2013-03-08 23:35

I really need to get around to building a GPU miner on the walls of my bedroom... I can get some OpenCL-capable graphics cards dirt cheap. This place gets fucking cold at night, I could kill two birds with one stone.

Name: Anonymous 2013-03-08 23:44

>>173
You'll spend more on electricity than you'll earn mining bitcoins.

You'd be lucky to break even.

Name: Anonymous 2013-03-09 0:07

>>174
I don't really care if I break even or not. It'll cost me money to heat this room anyway.
It also doesn't have to be just for mining. It'd be useful for cracking tripcodes, too...

Name: Anonymous 2013-03-09 0:53

>>174

i asked it already... what electricity, don't you already use your computer

Name: Anonymous 2013-03-09 1:05

>>176
My computer is powered by dubs.

Name: Anonymous 2013-03-09 1:55

>>176
Unless you spend all day everyday doing power intensive computations on your computer, chances are, mining for bitcoins would probably be the most energy demanding application anybody can do. Examples of demanding computations include SETI@home, folding@home, high end gaming, and media production.

Name: Anonymous 2013-03-09 1:59

>>174
Not with inflation.

Name: Anonymous 2013-03-09 2:06

>>178
did you measure the difference in energy consumption or you just think that it's significant

Name: Anonymous 2013-03-09 2:22

>>180
How fucking brain dead are you?
IHBT

Name: Anonymous 2013-03-09 2:27

so i guess you just think that it's significant

Name: Anonymous 2013-03-09 3:46

What's the difference between religious cult and bitcoin redditards? There's none.

Exhibit A: http://www.reddit.com/r/Bitcoin/comments/19x2ba/heres_a_simple_way_we_influence_the_acceptance_of/
Patient tells people to spam positive comments with holy google alert.

Exhibit B: http://www.reddit.com/r/Bitcoin/comments/19y3fm/i_am_teaching_either_one_or_two_hour_and_a_half/

Patient wants to brainwash innocent children.

Name: Anonymous 2013-03-09 7:54

Eat pineapples, chew on your grouse Your last day is coming, you bourgeois louse!

Name: Anonymous 2013-03-09 10:21

>>183
patient
The word you want is « subject ».

Name: Anonymous 2013-03-09 10:28

>>185
nope, he used exactly the word he wanted. except that meme is rather unknown on english internet

Name: Anonymous 2013-03-09 11:11

>>186

pls explain this epic meme for us

Name: Anonymous 2013-03-09 12:19

>>187
http://en.wikipedia.org/wiki/Kaschenism

Name: Anonymous 2013-03-09 14:59

>>188
Does the Russian internet have something like lurkmore or ED to record all their shit? Learning about Russian anons might be fun, but I don't care to lurk.

Name: Anonymous 2013-03-09 15:03

>>189
Runet has lurkmore.to, but it is mostly filled with politics crap.

Name: Anonymous 2013-03-09 15:42

>>188
wait fuck
this means i've been a kaschenist all this time i've shitposted along with nikita-kun

Name: Anonymous 2013-03-09 16:07

>>191
I'm glad there is a term for the kind of /prog/ridery I've been engaging in as of late.

Name: Anonymous 2013-03-09 16:08

>>191
Article is a little incorrect, because in practice kaschenists were the antisemites and mocked the Jews by trivializing Holocaust and using exaggerated Jewish mannerisms.

Name: Anonymous 2013-03-09 18:14

KASHRUTISM

Name: Anonymous 2013-03-09 18:42

>>170
Like forever? 46.919 USD and raising.^{.^.}

Name: Anonymous 2013-03-09 20:09

$50 = huge sell-off
then after a small drop it'll keep going higher, much to the chagrin of all the idiots who sold low.

Name: Anonymous 2013-03-09 20:13

http://buttcoin.org/grab-your-popcorn-bitcoin-approaches-50-in-the-middle-of-a-runaway-expanding-bubble-and-when-it-pops-its-going-to-get-ugly

Name: Anonymous 2013-03-09 20:28

>>196
Selling low is fine as long as you don't sell at a loss, if the superior fundamental analysis, than when the stupid technical analysis tells you that it'll keep going up and then it crashes.

Bitcoin simply it's that valuable. There will most probably be a market correction soon and you will lose everything.

Name: Anonymous 2013-03-09 20:31

>>197
EDIT: It’s crashing now, watch it live here.
46.991

Name: Anonymous 2013-03-10 1:02

WASTE CPU CYCLES EVERYDAY

Bitcoin is at $33

1 Name: Anonymous 2013-03-02 22:24

161 Name: Anonymous 2013-03-08 0:17

162 Name: Anonymous 2013-03-08 0:49

163 Name: Anonymous 2013-03-08 4:50

164 Name: Anonymous 2013-03-08 12:12

165 Name: Anonymous 2013-03-08 12:16

166 Name: Anonymous 2013-03-08 18:29

167 Name: Anonymous 2013-03-08 22:14

168 Name: Anonymous 2013-03-08 22:14

169 Name: Anonymous 2013-03-08 22:56

170 Name: Anonymous 2013-03-08 23:26

171 Name: Anonymous 2013-03-08 23:29

172 Name: Anonymous 2013-03-08 23:34

173 Name: Anonymous 2013-03-08 23:35

174 Name: Anonymous 2013-03-08 23:44

175 Name: Anonymous 2013-03-09 0:07

176 Name: Anonymous 2013-03-09 0:53

177 Name: Anonymous 2013-03-09 1:05

178 Name: Anonymous 2013-03-09 1:55

179 Name: Anonymous 2013-03-09 1:59

180 Name: Anonymous 2013-03-09 2:06

181 Name: Anonymous 2013-03-09 2:22

182 Name: Anonymous 2013-03-09 2:27

183 Name: Anonymous 2013-03-09 3:46

184 Name: Anonymous 2013-03-09 7:54

185 Name: Anonymous 2013-03-09 10:21

186 Name: Anonymous 2013-03-09 10:28

187 Name: Anonymous 2013-03-09 11:11

188 Name: Anonymous 2013-03-09 12:19

189 Name: Anonymous 2013-03-09 14:59

190 Name: Anonymous 2013-03-09 15:03

191 Name: Anonymous 2013-03-09 15:42

192 Name: Anonymous 2013-03-09 16:07

193 Name: Anonymous 2013-03-09 16:08

194 Name: Anonymous 2013-03-09 18:14

195 Name: Anonymous 2013-03-09 18:42

196 Name: Anonymous 2013-03-09 20:09

197 Name: Anonymous 2013-03-09 20:13

198 Name: Anonymous 2013-03-09 20:28

199 Name: Anonymous 2013-03-09 20:31

200 Name: Anonymous 2013-03-10 1:02

Name: Anonymous 2013-03-02 22:24

Name: Anonymous 2013-03-08 0:17

Name: Anonymous 2013-03-08 0:49

Name: Anonymous 2013-03-08 4:50

Name: Anonymous 2013-03-08 12:12

Name: Anonymous 2013-03-08 12:16

Name: Anonymous 2013-03-08 18:29

Name: Anonymous 2013-03-08 22:14

Name: Anonymous 2013-03-08 22:14

Name: Anonymous 2013-03-08 22:56

Name: Anonymous 2013-03-08 23:26

Name: Anonymous 2013-03-08 23:29

Name: Anonymous 2013-03-08 23:34

Name: Anonymous 2013-03-08 23:35

Name: Anonymous 2013-03-08 23:44

Name: Anonymous 2013-03-09 0:07

Name: Anonymous 2013-03-09 0:53

Name: Anonymous 2013-03-09 1:05

Name: Anonymous 2013-03-09 1:55

Name: Anonymous 2013-03-09 1:59

Name: Anonymous 2013-03-09 2:06

Name: Anonymous 2013-03-09 2:22

Name: Anonymous 2013-03-09 2:27

Name: Anonymous 2013-03-09 3:46

Name: Anonymous 2013-03-09 7:54

Name: Anonymous 2013-03-09 10:21

Name: Anonymous 2013-03-09 10:28

Name: Anonymous 2013-03-09 11:11

Name: Anonymous 2013-03-09 12:19

Name: Anonymous 2013-03-09 14:59

Name: Anonymous 2013-03-09 15:03

Name: Anonymous 2013-03-09 15:42

Name: Anonymous 2013-03-09 16:07

Name: Anonymous 2013-03-09 16:08

Name: Anonymous 2013-03-09 18:14

Name: Anonymous 2013-03-09 18:42

Name: Anonymous 2013-03-09 20:09

Name: Anonymous 2013-03-09 20:13

Name: Anonymous 2013-03-09 20:28

Name: Anonymous 2013-03-09 20:31

Name: Anonymous 2013-03-10 1:02