Author Topic: Bitcoin at $330 ?  (Read 4047 times)

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Offline nomoreheroes7

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Re: Bitcoin at $330 ?
« Reply #45 on: October 06, 2014, 02:14:45 am »
Looking at that 21k wall on bitstamp at 3k, and all the tons of small buys into it, I'm like:  "The boss has 21000 hp, go dps!" :D

 +5% need moar tanks

Offline Ander

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Re: Bitcoin at $330 ?
« Reply #46 on: October 06, 2014, 02:21:34 am »
We need more DoTs!  More DoTs!
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Offline Ander

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Re: Bitcoin at $330 ?
« Reply #47 on: October 06, 2014, 02:21:55 am »
Selling your bitcoin is a 50 dkp minus.
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Offline mint chocolate chip

Re: Bitcoin at $330 ?
« Reply #48 on: October 06, 2014, 03:03:50 am »
We need to get back to what was working, now come on ya'll, let's start chanting "To Da Moon!"

Offline Cryptofreakoutlaw31

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Re: Bitcoin at $330 ?
« Reply #49 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. 

Offline liondani

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Re: Bitcoin at $330 ?
« Reply #50 on: October 06, 2014, 01:12:59 pm »
our bitBTC shorters are manupulating the price :P

...just kidding

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Offline mimitie

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Re: Bitcoin at $330 ?
« Reply #51 on: October 06, 2014, 05:23:22 pm »
The btc price is kidding now ~~~ 

Offline fuzzy

Re: Bitcoin at $330 ?
« Reply #52 on: October 09, 2014, 09:21:26 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! 
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Offline mf-tzo

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Re: Bitcoin at $330 ?
« Reply #53 on: October 09, 2014, 02:12:12 pm »
Not that I care about bitcoin at all but I am curious to learn what are you talking about:

Quote
We need more DoTs!  More DoTs!

Quote
Selling your bitcoin is a 50 dkp minus.

 :)

Offline Ander

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Re: Bitcoin at $330 ?
« Reply #54 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
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Offline edilliam

Re: Bitcoin at $330 ?
« Reply #55 on: October 10, 2014, 12:03:47 am »
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.

Offline Cryptofreakoutlaw31

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Re: Bitcoin at $330 ?
« Reply #56 on: October 10, 2014, 01:25:30 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.  :)

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Re: Bitcoin at $330 ?
« Reply #57 on: October 10, 2014, 04:48:19 am »
+5

Offline tonyk

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Re: Bitcoin at $330 ?
« Reply #58 on: October 10, 2014, 05:19:25 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?
« Last Edit: October 10, 2014, 05:23:22 am by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline mf-tzo

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Re: Bitcoin at $330 ?
« Reply #59 on: October 10, 2014, 12:19:52 pm »
ahahahahaha...lol...