[dba-Tech] Bitcoins

Rocky Smolin rockysmolin at bchacc.com
Wed Apr 10 19:32:17 CDT 2013


What would cause anything - stock, bond, currency, commodity, collectible -
anything, to go from 15 to 250 in three months.  IME, only two things -
feverish speculation and manipulation.  IME, nothing fundamental would ever
cause that.  Given the nature of bitcoin - unregulated, no real assets
behind it really - I suspect a combination of the two with the emphasis on
manipulation.  It smells of a 'pump and dump' scheme.


R


-----Original Message-----
From: dba-tech-bounces at databaseadvisors.com
[mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Hans-Christian
Andersen
Sent: Wednesday, April 10, 2013 3:53 PM
To: Discussion of Hardware and Software issues
Subject: Re: [dba-Tech] Bitcoins

http://www.businessinsider.com/bitcoin-plunges-2013-4

Lol

- Hans


On 2013-04-10, at 1:45 PM, "Rocky Smolin" <rockysmolin at bchacc.com> wrote:

> <= 30 days.  I'd short it if I had the cojones for that sort of thing.
> 
> R
> 
> 
> -----Original Message-----
> From: dba-tech-bounces at databaseadvisors.com
> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Jim 
> Lawrence
> Sent: Wednesday, April 10, 2013 11:05 AM
> To: 'Discussion of Hardware and Software issues'
> Subject: Re: [dba-Tech] Bitcoins
> 
> My guess is "Bitcoin"... but this is hardly unusual.
> 
> Any bets on the timing?
> 
> Jim
> 
> -----Original Message-----
> From: dba-tech-bounces at databaseadvisors.com
> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Stuart 
> McLachlan
> Sent: Tuesday, April 09, 2013 2:33 PM
> To: Discussion of Hardware and Software issues
> Subject: Re: [dba-Tech] Bitcoins
> 
> Who can spell "bubble"?
> 
> 
> 
> On 9 Apr 2013 at 9:48, Jim Lawrence wrote:
> 
>> To All:
>> 
>> It appears that as other currencies falter or as the market has been 
>> fluctuating. The flight to another stable or at least currency 
>> outside the existing banking cartelle has been increasing. Bitcoin 
>> value has been bounding up.
>> 
>> Last week the Bitcoin currency has hit a new height of around $180 a 
>> coin, up from $72 last week which is up from $26 a little over a 
>> month
> ago.
>> 
>> The theory behind the coin is that it reflects the true value of 
>> world currency but I feel it is now opening up to the asperations of 
>> speculators...not a good a thing at the best of times...but some 
>> aquaintances, at least on paper, have made a substantual profit. In
> reality,
>> its true value can only be accessed when purchasing products and that 
>> has not been truly tested.
>> 
>> Jim
>> 
>> -----Original Message-----
>> From: dba-tech-bounces at databaseadvisors.com
>> [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of Tina 
>> Norris Fields
>> Sent: Tuesday, April 09, 2013 5:18 AM
>> To: Discussion of Hardware and Software issues
>> Subject: Re: [dba-Tech] Bitcoins
>> 
>> Thanks, Jon.  I wasn't talking about Bitcoins, but I was listening in.  
>> I'm interested in the phenomenon and fascinated by watching it.
>> T
>> 
>> Tina Norris Fields
>> tinanfields-at-torchlake-dot-com
>> 231-322-2787
>> 
>> On 4/8/2013 5:42 PM, Jon Tydda wrote:
>>> Hi all
>>> 
>>> 
>>> 
>>> I can't remember who was talking about Bitcoins recently, but I 
>>> thought you'd be interested in this:
>>> 
>>> 
>>> 
>>> http://www.bbc.co.uk/news/technology-22064534#
>>> 
>>> 
>>> 
>>> 
>>> 
>>> 
>>> 
>>> Jon
>>> 
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>>> dba-Tech mailing list
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>>> 
>> 
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> 
> 
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