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some wannabe journalist wants to make a name for themselves. deserve to be sued and fired!
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If you are a believer and think it's going to the moon, why would you use it!?
I've only been trading with it.
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Bitcoin looking good hopefully we get over 400 and stay above it.  now we just need litecoin to wake up. Currently shorting on LTC/BTC so LTC may wake up a little late like usual  The faster Bitcoin rises the better  Litecoin is finished, I think everyone & their mother is shorting it right now ASIC killed litecoin! I've serious doubts about staying above $400. |
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1464XBT bought last Friday. Bitcoin holding at ATH
Yeah, at least the big money is not cashing out ....... still wonder about who the big dumpers are along the way |
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AM has now pretty much falls back to close to IPO price level .......
Any light at the end of the tunnel?
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The point is not merchant accepting bitcoin. The point is merchant accept bitcoin and provide some of the benefits back to the people who pays in bitcoin!
Why would the average Joe go buy BTC then spend BTC instead of just using cash / CC / etc.?!
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Think this is a bulltrap.
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what does that have to do with the Chinese?!
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did the $360 wall got sold into overnight? or was it pulled?
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At the current moment, there's little incentive for the average joe to go buy BTC and spend it instead of using traditional payment method (cash / CC, etc.). Maybe when merchant pass some of the savings in processing fees, will BTC thrive.
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I don't think this fall is over. Usually, you got a huge buy order restoring some confidence. But we couldn't break 400. I think the dumpers will reload and do more dumping.
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didn't half of the wall at $360 got pulled back to $350? manipulation?!
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the blockchain is so bloated now, is there some way of reducing its size.
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Looks like the wall build up to over 4k coin
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I've come to really dislike the Flash Return Rate. I'll try and be articulate about why...
The problem as I see it, is that it's currently the only option for offering swaps at a variable rate, and the only option to offer automatically at a rate that adjusts (somewhat) to market conditions. If you want to be fairly hands-off and automated about things, it's kind of the only game in town. It's normally nowhere near an optimal rate to be offering at - being either too high when rates are decreasing and everyone jumps in front of it, or far too low when rates have headed back up (see also: right now), but without any other auto-rate options it gets heavily used.
So we get, most of the time, an enormous wall of offers all placed at the single FRR, making it very difficult for the rate to rise higher - the FRR keeps slipping down as the average diminishes, until there's enough pressure to chew through it all at once (or possibly by 30-day swaps being taken over the head of the FRR-wall) and the rate suddenly spikes upwards, dragging the FRR reluctantly upward with it.
So that's my thesis - FRR is a magnet for a giant heap of offers from those who don't have the free time required for manual management, or who want to avoid being stuck in a poorly placed fixed-rate swap, and its effect on the market is to produce that weird sawtooth pattern in swap rates, with sharp increases followed by slow deteriorations. I really wish there were better options for an automated rate. Or even just more options so as to spread the pile out a bit more. If we could set offers at a fixed offset away from the FRR, or have fixed-rate offers that are automatically placed at a certain 'depth' into the book of offers, or have a tracker rate that's slightly more responsive (a weighted moving average of recent fixed-rate swaps rather than a simple average rate?)... then I would be so happy.
I second that, never a big fan of FRR. Btw, USD swap dropped quite a bit ...... |
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[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward RIP, scamcoins. 2nd gen coins are mostly scamcoins (if not all) it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform. but i am short bitcoins! I agree a short position right now would be wise. But a substantial long position on nem(see signature) would be much more profitable even with the decline of bitcoin. Il quote this post again in exactly one month. 2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard. While I don't believe BTC will be the be-all and end-all when it comes to cryptocurrency. I don't see current stable of 2.0 coins being the ONE. |
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[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward RIP, scamcoins. 2nd gen coins are mostly scamcoins (if not all) |
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what wall? when did that happened?
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