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121  Economy / Speculation / Re: what is your average price if you have more than one Bitcoin? on: June 09, 2016, 06:26:59 PM
I think there are two major groups of Bitcoin holder.
1 early adopters, their price is below 100, or even 30.
2 adopters around last peak of 1000, if folks came in then and stick around, their price tend to be 400 to 600 range.

Myself belongs to second group.
122  Economy / Speculation / Re: Why GBTC has so much premium over actual Bitcoin Price on: June 09, 2016, 06:21:35 PM
It seems like the investors believe a lot in Bitcoin, but for some reason do not to invest directly into Bitcoin or maybe they're not allowed to invest in Bitcoin directly for whatever reason. 

Either way it's a very good sign, and it shows that China isn't the only one driving the market up.



I like your statement, Chinese is not the only one driving the market up. We need more participation and the price will go to the moon.
123  Economy / Speculation / Re: what is your average price if you have more than one Bitcoin? on: June 07, 2016, 10:22:45 PM
I just want to get a feeling how strong your hand is, I guess, if your price is higher than 600, you will keep your coins until it reach your price.
Myself, I have 2.5 Bitcoins with average price around 500 per coin.

What if I told you that my coins have no price because I didnt buy them?


Then choose below 30. Congratulations being successful in Bitcoin business/hobby.

This also applies to those smart enough pulling coins out from exchange. It is unlikely to predict when you will sell based on your entry price.
124  Other / Politics & Society / Re: Bitcoin is PedoCoin - this is getting ridiculous on: June 07, 2016, 07:32:54 AM
Man, this is sick, I hope he is lock away for ever and ever.
Feel really bad for the kids, even trial is a torture for kids. I am worrying about reputation of Bitcoin now. Compared to the crime, the price of Bitcoin is less important.
125  Economy / Speculation / what is your average price if you have more than one Bitcoin? on: June 07, 2016, 06:14:32 AM
I just want to get a feeling how strong your hand is, I guess, if your price is higher than 600, you will keep your coins until it reach your price.
Myself, I have 2.5 Bitcoins with average price around 500 per coin.
126  Economy / Exchanges / Re: Have any of you ever had your Coinbase or Circle accounts closed? on: June 06, 2016, 09:55:39 PM
I have a Coinbase account, for over 2 years now. Still open, doing most transaction in local Bitcoin, don't know why I have Coinbase account.
127  Economy / Investor-based games / Re: HYIP VS MINING on: June 06, 2016, 09:52:53 PM
My experience, you lose money till the end.
With mining, you learn something, something useful. With HYIP, you left with regrets.
128  Economy / Speculation / Re: is this the begining of the rally? on: June 06, 2016, 06:54:21 AM
Don't know how high it will go, but I think 1k is reachable around halving time.
129  Bitcoin / Bitcoin Discussion / Re: The only way for Bitcoin to catch on is through banks on: June 05, 2016, 09:20:44 PM
Never relies on anybody rlse. Bitcoin can catch on all by itself. I think the best persons are those travel internationally often. They do have bank and appciate the convienieence of Bitcoin.
130  Other / Off-topic / Re: When was the first time you bought bitcoin? on: June 05, 2016, 07:03:17 AM
I bought 0.1 Bitcoin at 800 per coin. I watched it rocked from 100 to 1090, then it dropped back to 800, I thought this is it. After my bought my coin , it went down more and more, to 200. Now is about 600, still under water.
131  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Quantum computer on: June 04, 2016, 10:20:18 PM
Quantum computing claim that factoring can be speed up many many times. This is the base of public private key.
132  Bitcoin / Bitcoin Discussion / Re: EU wants to Control the Internet and Destroy Bitcoin on: June 04, 2016, 10:17:25 PM
EU has been quite good to Bitcoin, China is not. But Chinese trade more coins. Europe should be more pro demarcacy , pro free market, less control.
133  Bitcoin / Bitcoin Discussion / Re: Does anyone know the kraken bitcoin exchange? on: June 04, 2016, 07:01:08 AM
They are fine exchange. If you are from Europe, then maybe one of the best.
134  Bitcoin / Bitcoin Discussion / Re: Genuine concern of a trader on: June 04, 2016, 06:22:49 AM
How tether work? Why it always at 1 dollar?
Does it also had price determined by market, buyer and sellers?

tether.to

Is tether a JavaScript library?
135  Economy / Speculation / Re: What happens when Chinese speculators enter Bitcoin market? on: June 04, 2016, 06:18:47 AM
The same as it always has been. The Chinese will buy, and when the price goes down, they'll sell.

This is true, I heard from someone else, this is Chinese investment style. Basiccaly create more volatile market.
136  Economy / Exchanges / Re: Digital Currency Exchange Bitfinex to Pay 75k Fine to CFTC on: June 04, 2016, 04:30:18 AM
Don't get it, Bitfinex is a Hong Kong company, why it has to be fined by US?
No wonder some exchange will not take customers from USA.
137  Economy / Service Discussion / Re: Signature Campaigns: Worth The Time? on: June 04, 2016, 04:19:34 AM
I spend some time in this site, catching up Bitcoin news. Also contribute some of my thoughts.
Sometimes I can nto make minimum posts, but I think it all okay as long as making money is not top priority.
If you need serious money, then probably try something else.
138  Economy / Trading Discussion / Re: Is it possible to buy really large BTC amounts? on: June 04, 2016, 04:16:28 AM
You can join Bitcoin auction, US auctioned off SilkRoad and Aussi is in the process auction off a large amount.
I also heard you can buy from secondmarket.com, but I am not rich and i don't know the details.
139  Economy / Speculation / Re: What happens when Chinese speculators enter Bitcoin market? on: June 04, 2016, 12:35:56 AM
Chineses are using Bitcoin to move funds out of China, probably this is main reason. We will see heavy buying in yuan and then dump in usd.
140  Bitcoin / Bitcoin Discussion / Re: Will the blockchain size explode when Bitcoin goes mainstream? on: June 04, 2016, 12:33:31 AM
I hope people will increase transaction fee, that way miner can have more incentives. Over the long run this will be better for everyone.
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