Bitcoin Forum

Economy => Speculation => Topic started by: hector3115 on February 11, 2016, 04:29:36 PM



Title: Janet Yellen talking NIRP in USA
Post by: hector3115 on February 11, 2016, 04:29:36 PM
And no response from Bitcoin?!?!?!

What the hell is wrong with Bitcoin?  Not good.  This blocksize issue is killing it.

Luckily I hedged myself with Ethereum and they seem to be benefitting from a rotation out of BTC and into ETH. 8)


Title: Re: Janet Yellen talking NIRP in USA
Post by: Amph on February 11, 2016, 06:29:18 PM
And no response from Bitcoin?!?!?!

What the hell is wrong with Bitcoin?  Not good.  This blocksize issue is killing it.

Luckily I hedged myself with Ethereum and they seem to be benefitting from a rotation out of BTC and into ETH. 8)

they are on steroid with a bubble nothing new, people really believe that when there is a random increase you're in a safe heaven?

you must be fooling yourself, bitcoin is very stable lately, exactly like it was at 230, so expect to break 500 like it did with 300


Title: Re: Janet Yellen talking NIRP in USA
Post by: hector3115 on February 11, 2016, 06:39:52 PM
I dont know why people are into Bitcoin but this is the exact reason that I am.  I do not trust politicians to protect the value of fiat currencies.  Bitcoin is a world wide currency that can not be inflated away by clueless politicians.

I would have bet a million dollars that with this headline today, bitcoin would be surging to all time highs easy.  Instead it is limping along in three hundreds and slightly down.  Unbelievable.


Title: Re: Janet Yellen talking NIRP in USA
Post by: Denker on February 11, 2016, 07:06:35 PM
I dont know why people are into Bitcoin but this is the exact reason that I am.  I do not trust politicians to protect the value of fiat currencies.  Bitcoin is a world wide currency that can not be inflated away by clueless politicians.

I would have bet a million dollars that with this headline today, bitcoin would be surging to all time highs easy.  Instead it is limping along in three hundreds and slightly down.  Unbelievable.


Bitcoin's market cap is so small and therefore so easy to manipulate for big players.
Just because "great news" had pushed the price frome time to time in the past doesn't mean it will happen when you expect it.


Title: Re: Janet Yellen talking NIRP in USA
Post by: mr angry on February 11, 2016, 08:12:13 PM
I dont know why people are into Bitcoin but this is the exact reason that I am.  I do not trust politicians to protect the value of fiat currencies.  Bitcoin is a world wide currency that can not be inflated away by clueless politicians.

I would have bet a million dollars that with this headline today, bitcoin would be surging to all time highs easy.  Instead it is limping along in three hundreds and slightly down.  Unbelievable.


Bitcoin's market cap is so small and therefore so easy to manipulate for big players.
Just because "great news" had pushed the price frome time to time in the past doesn't mean it will happen when you expect it.


News often has the opposite effect on Bitcoin's price that you would expect it to. The big players can make money manipulating the price to do the opposite of what all the leveraged bets are counting on. All the little players get wiped out and the big players get bigger each time they do it.


Title: Re: Janet Yellen talking NIRP in USA
Post by: TReano on February 11, 2016, 08:13:22 PM
And no response from Bitcoin?!?!?!

What the hell is wrong with Bitcoin?  Not good.  This blocksize issue is killing it.

Luckily I hedged myself with Ethereum and they seem to be benefitting from a rotation out of BTC and into ETH. 8)

Bitcoin is not directly connected to the Forex market. Bitcoin is more like a penny stocks in the end. Pump it and dump it at some point.


Title: Re: Janet Yellen talking NIRP in USA
Post by: log2exp on February 11, 2016, 08:24:57 PM
And no response from Bitcoin?!?!?!

What the hell is wrong with Bitcoin?  Not good.  This blocksize issue is killing it.

Luckily I hedged myself with Ethereum and they seem to be benefitting from a rotation out of BTC and into ETH. 8)

What makes you think that ETH is a hedge? Given its complexity, once its price reach to a point, political infighting is inevitable.

Vitalik did not bother to extend features based on bitcoin, instead he started something from scratch. What prevent those ETH developers to not start their own coins based on their history?