Bitcoin's past track record doesn't support this. Whenever you have periods of relative stability people start speculating whether this is BTC's equilibrium value. But we know what happens next.  |
|
|
|
Hi, I am now supposed to be in sr. member rank but my profile still shows that I am a full member, why is it not updating yet? I have checked in a pot. activity counter that I am supposed to have a 252 (sr. member) activity but it is not yet reflecting.  Congratulations! You are now a senior member. You can lock this thread now.  |
|
|
|
Fasten your seat belts. This crash is going to be interesting. Make sure you have nothing invested that you can't lose.
TA shows this could be a new low.
Crash? +-1% doesn't constitute a rally/crash in bitcoin (or in any other asset class for that matter). We can easily reverse the few dollars decrease in price. |
|
|
|
And I thought gold was impossible/hard to smuggle given its size and weight haha.
Gold is one of the most popular items to smuggle, in areas where there is high import duty. Gold is very dense and therefore its weight-size ratio is quite favourable for smuggling.  |
|
|
|
Definitely very high. Block reward halving would be the main driver, but there are other reasons like increasing transactions, more awareness, etc. If only we could have consensus on the block size... |
|
|
|
in my opinion usa would loose the most money if bitcoin became the currency of the whole world as all the banks would go bankrupt and countries wouldnt be able to regulate the bitcoin
USA definitely would be a loser. We might have some new definitions of nationality and country if Bitcoin really becomes a universal currency. |
|
|
|
Rain has affected day 2's play of the Australia - West Indies match as well. With more play lost to rain, the chances of West Indies being able to squeeze out a draw increase. |
|
|
|
Everyone wants it to be over 1k but in my opinion it would be less than 600 maybe 550. It may go up to 700 then correct back to 500+ and settle there. I do not want to expect too high because I dont want to be disappointed later if it didn't happen.
Increases without any foundation may be reversed quickly. There is however a difference in 2016 - the block reward halving. That is why people are so optimistic. |
|
|
|
The rain has got heavier and the players are off. This is frustrating for both teams, the hessain covers come on and the entire square has been covered.
The rain will affect West Indies' concentration more than Australia's. But given the way Australia have been playing, West Indies will be happy that there is less time to complete the match. |
|
|
|
Having 1 bitcoin today could mean a doubling of your investment tomorrow.
Right now I am so confident the price on the 3-year term will increase.
However i invest on a short term and 430 USD is quite risky for me.
Nobody 'invests' with a short term view. What you are doing is essentially trading bitcoins. |
|
|
|
Point to which weekend on the calendar you're talking about.
I'm sure your team of analysts are busy masturbating in the staff bathroom as we speak.
He is talking about the January 2nd - 3rd weekend, given that the post was made on 31-Dec-2015. We are seeing some relative stability in bitcoin's price over the last few days. |
|
|
|
Chinese have shown their love to bitcoin and crypto in past and also recently on november of last year. I also hope to get some huge pump like that before reward halving on july. I think chinese are collecting money to pump up on may or june of this year.
More than the attitude of the Chinese, what matters is the attitude of the Chinese government. There is large scale government intervention by the government across markets. If they don't want bitcoin to take off as an asset class, it won't |
|
|
|
Yeah, that has nothing to do with forbidding, save only for the fact that it essentially makes impossible to transact in cash over $10,000 on a regular basis. Feel the difference...
And the requirement to report is all-around (banks or no banks)
It is easy to transfer $10000 in bitcoin today. But when governments regulate bitcon transfer, the same limit might apply. How will they limit? They only could do that on the connection lines to the regulated exchanges and businesses. Anything going on inside bitcoin might not be traceable to easily. Think of bit-licences. Even if all transactions are in bitcoin, they might make it compulsory for companies to limit / track transactions. Most companies would like to stay on the right side of law and will comply with these regulations. |
|
|
|
|
Yes, just think of it as entertainment.
As long as you limit the amount you want to use (lose) in gambling, you should be okay.
It is only when you have an uncontrollable urge to gamble away money you can't afford to lose, that you have a problem.
|
|
|
|
It's addictive probably because of the thought that you can make easy money. When you lose, you think you can chase your losses, and be back in the green again, though it never happens (pretty much). It's also based on greed.
Human greed has been around from time immemorial. I am sure there are references to gambling in the holy books of all religions. |
|
|
|
|
Well, $425 has held for the past 6 days now.
So I don't see any reason why it should go below $400 this weekend.
If anything, the price looks like it is going to move up.
|
|
|
|
Usually don't buy BTC except when it's relatively highly expected to rise, around once or twice a month.
And do you cash out once the increase has happened? Traders and investors have different outlooks to buying. Traders look at short term gains. Investors look at long term potential. |
|
|
|
I guess not, if bitcoin replace the money might happen imbalances in the world economy, may be an economic crisis in some countries or the world, because if bitcoin replaced with bitcoin amount of money that is issued will be more and more and make bitcoin itself worthless
Bitcoins are good for countries that are in economic crisis and are in trouble, like that post about Venezuela. The inflation there is crazy and the currency is falling apart. Bitcoin would be a great help for the country and could even help with securing their money. Encryption to their cash, instead of having it on hand. Bitcoin is good for the people of the country to store value, but it cannot solve the underlying problems. The underlying problems could be corruption, uncompetitive workforce, too much debt, etc. |
|
|
|
|
Show Posts
