ah, big players, whales and other mythical beings.
well, market does not give a fukk about them.
...until they paint the ticker. What if some big player in accumulation mode is buying directly from pools/OTC, maybe with the 'excuse' that is an ETF/institutional investors who wants just 'clean'/virgin coins. They would use an exchange price as reference so the accumulator would have a big incentive to sell some on the exchanges while buying more OTC to buy as low as possible. |
|
|
|
"You've got to be honest to succeed as an outlaw"  |
|
|
|
Anyone who is delusional enough to buy into a massive conspiracy that would necessarily involve tens of thousands of individuals in not only the government
...because the state is not a conspiracy, right? "The State is a conspiracy designed not only to exploit, but above all to corrupt its citizens" - Leo Tolstoy So this is what if the 'conspiracy theorists' are wrong: The Coincidence Theorist's Guide to 9/11http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x2160541 |
|
|
|
|
Why not 2FA at least for withdrawals?
And how do I get an affiliate link?
|
|
|
|
Why is there nobody playing? Site works fine for me.
I have tried the site a few times. It looks a lot like when you buy a new laptop, before you format the hard drive and install an operating system on it. I guess it's a lot like Windows 8. It looks weird, bright colours, crashes a lot, runs slow, doesn't really work. It would be good if there was an option to turn off all the weird graphic effects that don't work and just play dice. +1 and I never heard of anyone who likes windows 8 |
|
|
|
without 2FA I don't feel it safe enough, esp. for investing  |
|
|
|
Ah really? Well that's a bummer then. But do they really are 2 orders of magnitude above the actual reserves of gold?  ? Basically, they're running a fractional reserve then??! yes you can find thousands of articles on the subject published in the latest years. But it's actually a tricky subject because the *actual* world's gold stock is supposedly greater of order of magnitudes than the *official* world's gold stock. This is because in every war since the beginning of history gold tends to magically disappear, often forever (cfr. 'Yamashita's gold') |
|
|
|
what happens if there is no interest for the etf shares?
i hope so, since i expect that the most likely effect will be like the gold and silver ETFs on pm price. if they will sell multiples in btc-promises of what they own it could drain lots of liquidity from the market Could you elaborate, what happened there? Wouldn't a drained liquidity simply push the price up? Isn't that good? It seems that gold paper promises amount to 100X+ the physical gold stock. You get that if you sell pieces of paper as gold-substitutes you push the price of the real thing lower, since you subtract demand from the real-thing's market. I expect that the BTC ETFs will work exactly in the same way. |
|
|
|
what happens if there is no interest for the etf shares?
i hope so, since i expect that the most likely effect will be like the gold and silver ETFs on pm price. if they will sell multiples in btc-promises of what they own it could drain lots of liquidity from the market |
|
|
|
meanwhile...Bitcoin DOWN. Why? either some big scammer is dumping (Goxcoins etc.) -but the volume is too low for that-, or there is much uncertainty due to the influx of new and supposedly better altcoins, new bans/quasi-bans (from NY to Ecuador), and new FUD ( http://motherboard.vice.com/read/why-bitcoin-may-one-day-split-into-black-and-white-coins) Today i'm still buying and oriented to liquidate my paper silver stash to buy BTC in case of larger crashes |
|
|
|
I think we need to stop making Bitcoin mainstream and start catering to the underworld. Want to dodge taxes on your illegal moonshine so that you can make money to order some crack cocaine online... we want you (to be Mayor of Toronto). This is mostly a joke, but honestly, we were doing a hell of a lot better before all of these classy, sophisticated, Wall Street types got involved and told us how they were going to revolutionize blah de blah blah. In a nutshell, a lot of these "legitimate" sources are actually just looters whereas previously we had a true focus on niche commerce. I mean, who the hell is excited over a 3% discount on gift certificates (and the prospects of buying gift certificates you didn't even want) or a 5% discount on this or that good but only if you buy from the official vendor (translate as 50% marked up). Why the hell did we allow ourselves to be co-opted by the man?
+1337 phuck Wall Street, go system D! The future is underground, asset protection, and private property |
|
|
|
Nà bella mazzata.... 26%
e se non puoi dimostrare a prova di bomba quanto ci hai speso e' il 26% del totale (non degli utili)  |
|
|
|
If this happened it would make bitcoin look like a joke and a cult, this is how delegitmize a technology by all moving to an island and moving all miners there, it is a bad idea.
...unless we move somewhere to become the majority new hampshire project-style: maybe there are states small enough and liberal enough in conceding citizenship to make it possible. Alternatively grouping a big enough amount of coins/money we could negotiate a deal including quasi-sovereignty on some rock or plot of land (in fiat affairs they call them "free trade zones"). P.S. never underestimate jokes and cults, especially about money  |
|
|
|
- similiar protocools:
protocool: I like that word! It's almost cool  |
|
|
|
FIAT countries won't trade with your island. no, it's us who would better not trade our good cryptocoins for bad FIATcoins but the point is to find a place with low or none FIATcoin extortion (taxes) and freedom from control-freak governments. |
|
|
|
once buying the island. to set up a hotel for people to stay, some shops for people to buy stuff, some offices to work in, some roads to join it all together, some warehouses to hold stock, some utility cables, and sewage/water piping.. ends op as atleast $4 billion.. thats a large stake of bitcoins in circulation.. so yea.. throw money at the fund manager as he rubs his hands together. but realise that its much easier and cheaper to make the world accept bitcoin rather than throw everybitcoiner onto a concentration camp isand..
summary
bitcoin island is centralised and takes a large stake out of everyones pocket and puts it into one persons hands. just to build.. think smart. i dont know why people think up these dreams but it wont help bitcoin world wide one bit..
you are right, but most of the world (and especially the west) is already a concentration camp, so it could be sensible to find some far little islet (physical or metaphorical) with relatively greater freedom to move in to start something bitcoin-related or not. but i agree about keeping risks at a minimum, so better find ways to start with very little and then see what happens. |
|
|
|
|
Show Posts
