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Bitcoin at $330 ?

Started by gamey, October 04, 2014, 06:16:16 PM

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btstip

Hey Vizzini, here are the results of your tips...
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Created by hybridd

jsidhu

Quote from: xeroc on October 05, 2014, 07:19:40 AM
Quote from: clout on October 04, 2014, 08:51:05 PM
Quote from: jsidhu on October 04, 2014, 06:38:45 PM
its bottoming out soon dont worry  :P

No its not. Bitcoin is designed to be unprofitable. It will continue to slide. All the merchant adoption only adds to the selling pressure. Bitcoin is a victim of its own success. Its time for people to understand what you can actually do with a blockchain.
+5%
Told you
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btstip

Hey CRAPCOIN, here are the results of your tips...
  • gamey: has been credited 100 CRAPCOIN
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

CRAPCOIN

Quote from: gamey on October 04, 2014, 06:58:04 PM
Maybe a great thinning of the herd is what is required and this will help just clean up the crapcoins.  That would be positive.

#sharebits "gamey" 100 CRAPCOIN

Welcome to the CRAPCOIN hodlers club!
CRAPCOIN - Buy them on the DEX for .01 BTS each - [url="https://goo.gl/9RNjnE"]https://goo.gl/9RNjnE[/url]

mf-tzo

[url="//www.bitshares.gr/"]www.bitshares.gr/[/url]

tonyk

#59
Quote from: Cryptofreakoutlaw31 on October 10, 2014, 01:25:30 AM
Quote from: Cryptofreakoutlaw31 on October 06, 2014, 04:04:53 AM
I did manage to buy some fractional BTC on Coinbase (bought only 1/3 BTC) when the price was at $290.00. I will buy more if it falls below $250.

Including the 1/3 BTC that I bought when the $ price was $290, I ended up buying a total bitcoin amount of 1 BTC for a total cost of $334.56 during this recent bitcoin $ drop.  I am happy with this BTC purchase.  :)

Very informative... I am saving this in my 'Best tips of all times' folder!

On the same Note, no pun intended, do you want to hear what I did with my 1/73th of a BTC, buying BTSX?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.


Cryptofreakoutlaw31

Quote from: Cryptofreakoutlaw31 on October 06, 2014, 04:04:53 AM
I did manage to buy some fractional BTC on Coinbase (bought only 1/3 BTC) when the price was at $290.00. I will buy more if it falls below $250.

Including the 1/3 BTC that I bought when the $ price was $290, I ended up buying a total bitcoin amount of 1 BTC for a total cost of $334.56 during this recent bitcoin $ drop.  I am happy with this BTC purchase.  :)

edilliam

Quote from: Ander on October 09, 2014, 10:38:23 PM
Its an old World of Warcraft meme.  I was comparing the bitcoin seller (now dubbed 'the bearwhale') with 25k coins on the ask to a boss that everyone needed to attack. 

In World of Warcraft a large team of players (a 'guild') would need to work together to defeat a boss.  Such a group was referred to as a 'raid'. 

There is a famous video from around 2005 or so where a raid group is fighting a dragon, Onyxia, one of the major challenges at the time. 

Several of the phrases that the raid leader says in the video turned into famous memes.

"More DoTs":  A DoT or 'damage over time' spell is something that the players would be able to cast on the boss.  The raid leader is calling for more DoTs to be cast on the boss, providing sustained damage over time.

"50 dkp minus":  When the boss is defeated, the group would have to divvy up its treasure.  However, the treasure would be in the form of maybe 4 or so items, whereas at the time a group of 40 people would need to collaborate to take down the boss. 

The standard system for handling this was for a leader to track the participation of members of their guild over time, giving out "dragon kill points" or dkp to participants.  Thus, a player might participate in ten boss kills over the course of a month, and gain dkp each time, and then once they had enough, they would spend their dkp to win one of the items awarded for killing the boss, usually through an auction system.  (Players would bid dkp on the item they wanted, and the highest bidder would be given the item and dkp would be deducted from their total).

The "50 dkp minus" meme comes from the fact that in the video, the leader was threatening the team members with a 50 dkp penalty if they messed up. 


Hopefully that made some sense. :D

Have any guilds tried to turn dkp into a ctypto currency? User issued assets could work pretty well for this sort of thing.

Ander

Its an old World of Warcraft meme.  I was comparing the bitcoin seller (now dubbed 'the bearwhale') with 25k coins on the ask to a boss that everyone needed to attack. 

In World of Warcraft a large team of players (a 'guild') would need to work together to defeat a boss.  Such a group was referred to as a 'raid'. 

There is a famous video from around 2005 or so where a raid group is fighting a dragon, Onyxia, one of the major challenges at the time. 

Several of the phrases that the raid leader says in the video turned into famous memes.

"More DoTs":  A DoT or 'damage over time' spell is something that the players would be able to cast on the boss.  The raid leader is calling for more DoTs to be cast on the boss, providing sustained damage over time.

"50 dkp minus":  When the boss is defeated, the group would have to divvy up its treasure.  However, the treasure would be in the form of maybe 4 or so items, whereas at the time a group of 40 people would need to collaborate to take down the boss. 

The standard system for handling this was for a leader to track the participation of members of their guild over time, giving out "dragon kill points" or dkp to participants.  Thus, a player might participate in ten boss kills over the course of a month, and gain dkp each time, and then once they had enough, they would spend their dkp to win one of the items awarded for killing the boss, usually through an auction system.  (Players would bid dkp on the item they wanted, and the highest bidder would be given the item and dkp would be deducted from their total).

The "50 dkp minus" meme comes from the fact that in the video, the leader was threatening the team members with a 50 dkp penalty if they messed up. 


Hopefully that made some sense. :D
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

mf-tzo

Not that I care about bitcoin at all but I am curious to learn what are you talking about:

QuoteWe need more DoTs!  More DoTs!

QuoteSelling your bitcoin is a 50 dkp minus.

:)
[url="//www.bitshares.gr/"]www.bitshares.gr/[/url]

fuzzy

Quote from: Ander on October 06, 2014, 02:21:55 AM
Selling your bitcoin is a 50 dkp minus.

LOL...i wonder how many others in this thread know what you are talking about.
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

mimitie

The btc price is kidding now ~~~ 

liondani

our bitBTC shorters are manupulating the price :P

...just kidding

Sent from my ALCATEL ONE TOUCH 997D

[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

Cryptofreakoutlaw31

I did manage to buy some fractional BTC on Coinbase (bought only 1/3 BTC) when the price was at $290.00. I will buy more if it falls below $250.