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Title: Massive Market Divergence In 3 Charts - Mike Maloney Post by: Lethn on October 15, 2014, 12:33:48 PM https://www.youtube.com/watch?v=w2uiAeGqRK4
Video just posted up yesterday where Mike Maloney actually goes into some technical detail on the current state of the major U.S markets, pretty interesting, only a short piece of a clearly larger presentation though I wonder when he's going to release episode 6 because he said he'd do Bitcoin next. Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: knight22 on October 16, 2014, 02:48:50 AM It's going to get ugly.
Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: johnyj on October 16, 2014, 03:34:19 AM The interest will go negative next time, and as long as people believe in fiat money, the tricks can be played again and again
There will be real problem when people no longer believe in fiat money, but that is not the case right now, especially during an economy downturn, everyone want fiat money ;) The change comes from the enterprises, sooner or later they will realize that they work hard to just exchange some paper printed by FED. They will prefer to accept honest money (have a cost corresponding to its value), then the fiat money will be phased out Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: Lethn on October 16, 2014, 08:28:15 AM I think they're running out of tricks finally guys, the stock markets are going down so we'll have to wait and see what happens next, bad news for them, great news for Bitcoin since it's going back to $400.
Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: azguard on October 16, 2014, 09:45:58 AM I think they're running out of tricks finally guys, the stock markets are going down so we'll have to wait and see what happens next, bad news for them, great news for Bitcoin since it's going back to $400. I have to agree. We finally see some progress in this with price returning to 400. Hope to see it around 600 by end of this year, but I think that this will hot happen just maybe will pass 500, but barely. Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: bajlox on October 16, 2014, 09:50:26 AM This is only the begging.
Only what is left now is time to w8. So lets hope to see some better time. Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: Lethn on October 16, 2014, 10:07:20 AM I think they're running out of tricks finally guys, the stock markets are going down so we'll have to wait and see what happens next, bad news for them, great news for Bitcoin since it's going back to $400. I have to agree. We finally see some progress in this with price returning to 400. Hope to see it around 600 by end of this year, but I think that this will hot happen just maybe will pass 500, but barely. It would almost be a good thing for the price not to rise as massively as it did awhile ago because if it stays relatively stable against the 'real' markets people are going to start taking it more seriously, I'd certainly be happy because I wouldn't have to keep constantly updating my prices. Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: lihuajkl on October 16, 2014, 10:50:35 AM The important factor is that price is too volatile. Usually the price is stable at a while then suddenly fall or increase dramatically. Whey the price is resilient and stable, it is the time for the bitcoin to go to mainstream.
Title: Re: Massive Market Divergence In 3 Charts - Mike Maloney Post by: Lethn on October 16, 2014, 10:55:16 AM The problem is I believe we have a completely different idea to what other people think a 'stable' price is, to me all this 'volatility' isn't as dangerous as other people think and I just think it's a product of an unregulated currency, the only reason that paper currencies seem stable now is because the prices are fixed.
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