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1301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2014, 07:37:52 PM
price seems very stable. in the next month there will be an opening of an etf and we will see a new bubble  Grin. however, don't sell now.

How the ETF is going to push the price up ? Winklevoss already owns a shitload of coins that will be liquidating at that ETF, with this kind of really slow demand and with the amount of coins they own it will be a long time before anything could happen, them holding that shit load of coins is one of the reasons the price is still holding.


Beside, don't even mention wall street and this ETF until we see how the Bitlicence is going to look like, if it will be remotely close to what the regulators of NY state are aiming for, then you just kiss wall street and that ETF goodbye.

Exchange demand != actual demand

ETF also create gateway for unseen amount of investors liquidity the type of which has never had access to bitcoin before.
Or is too scared to touch the real stuff.
Reminds me of a friend which I told about physical gold and silver.
I asked him what he thought about it.

He said "you mean gold stocks?"
Me: "No, I mean the real stuff"
He: "No, I won't buy real gold, rather gold stocks (he meant the paper stuff)"
Me: "Why not the real deal?"
He: "Because I don't dare to"
 
I was totally confused and was not able to continue this discussion anymore and we continued our bitcoin discussion instead.
A few days later he called me how to buy bitcoins.
I told him (again) about the paper wallets and bitcoin boot disks.
Weeks later I asked him how he felt about the 20% price drop.
He said he did not buy them yet Grin Grin

Well, he might be right about everything after all... damn it...
1302  Bitcoin / Bitcoin Discussion / Re: Why Should One Start With Bitcoin Right Now on: October 22, 2014, 06:29:21 PM
It's still in early stages and there are much bigger things to down from here so i think you should grasp all or
atleast some while you can.
Grasp as many as you can.
For instance, I started in 2013 with a few bucks and ended up all in somewhere in 2014.
I also joined signature campaigns to have a steady increasment in BTC.
Just don't go for alt-coins, they are only there to rip you off in my opinion.
1303  Economy / Services / Re: PRCDice.eu - Signature campaign + Affiliate Program on: October 22, 2014, 06:24:41 PM
Added:
findftp   
tripppn   


Thanks for joining.

Just a reminder that if joining mid week you still need to meet the 25 posts by Sunday to be eligible for payout.


Thanks for adding me!
1304  Economy / Services / Re: PB Mining Signature Campaign! ***CLOSED!**** on: October 22, 2014, 03:44:13 PM
How long is this campaign going to run?
Any sight on a free spot for a senior member?
1305  Economy / Services / Re: PRCDice.eu - Signature campaign + Affiliate Program on: October 22, 2014, 03:33:21 PM
Hi,

I want to join the campaign. Is there a slot left for a senior?

address: 1K9vcx2wAiS6gDeNZcjKfqJtZ7anYJWZe5
posts:713
activity:336

Already changed my sig.
1306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2014, 01:44:04 PM
Impossible, my prediction says we should go moon.
1307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2014, 01:29:39 PM
July 2013 and today

Looks like a big fat inverse correlation to me!
1308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2014, 11:27:12 AM
Let's drop this sh*t to zero or go moon.
I'm getting tired of this.
1309  Bitcoin / Bitcoin Discussion / Re: Why Should One Start With Bitcoin Right Now on: October 22, 2014, 10:54:08 AM
They should do it for financial freedom and to be free of government control of their wealth! Fiat currency = debt. Bitcoin & Gold = real wealth.
Gold & bitcoin = stored energy.
Freedom, health = real wealth.
1310  Bitcoin / Bitcoin Discussion / Re: Why Should One Start With Bitcoin Right Now on: October 22, 2014, 10:37:18 AM
Why should someone (not knowledgeable about bitcoin) should start spending hours and hours to learn about bitcoin's concept. Why should that someone start right now?
Why would someone should start spending time on any other new topic?

Because people want to learn new things.
People are creative and curious, that's why they always discover new things.
Otherwise we would still be in the stone age.

Recently I heard something interesting:

"The stone age did not end because we ran out of rocks."

1311  Economy / Services / Re: Pocket Dice Signature Campaign on: October 22, 2014, 09:34:56 AM
Thank you for my second payment pocketdice!
Great campaign.
1312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 04:02:46 PM
Looks like all the past countless 24 hours weren't crucial for bitcoin :/
They were not crucial, they were critical.


yeah right  Grin


THE NEXT 24HOURS WILL DETERMINE THE FUTURE OF BITCOINTHE WORLD!!!!    Grin

There, fixed it.
1313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 03:01:45 PM
everything is all good, probably just another ddos
Perfect cover to scoop up all the asks and end the ddos when you've bought them all Grin
1314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 01:57:24 PM
apple pay is only available on apple products right?

the products that even most rich westerners finance because they can't blow $600 on a phone

yeah thats gonna take over the world where global average income is like $200 a month lol
Forget apple play, it's just ordinary fiat molded into a new form.
It just shows 'they' are afraid. Should be enough to go all in on bitcoin
1315  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 01:36:35 PM
I want to see trains.
Preferably with rockets mounted.

instaedit: nevermind. choochoo. Here we go.
1316  Economy / Speculation / Re: Why (and when) the next bubble start. on: October 21, 2014, 09:50:27 AM
Bubble is starting... TODAY.
You're lagging, it already started october 5th  Grin
1317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2014, 09:49:32 AM
I wonder why do a lot of people vote for the worst in the voting above. It seems we have a lot of pessimistic people on the bitcoin forum here. Its just promotes the price to go down further.

People choose the worst option because that way if the price drops, they can at least take comfort of having made a correct prediction. If the price rises, they will be happy and they won't care about the poll.

I always pick the most negative just for the hell of it
You're just a troll!

can't help it, I do the same...
1318  Economy / Speculation / Re: Why (and when) the next bubble start. on: October 21, 2014, 09:46:33 AM
It should happen soon, more good news should appear for that to happen.
Good news is not really affecting price.
We have seen a lot of good news lately but no price increase.
News is not enough, people should act according the news.
For instance, when paypal announces bitcoin integration, people should really use the integration otherwise the news is worthless.


1319  Economy / Speculation / Re: Why (and when) the next bubble start. on: October 20, 2014, 09:09:17 PM
How many people trade BRK-A?
1. BRK-A is not a currency or money
2. You cannot divide BRK-A



you can divide BRK-A by using BRK-B instead  Smiley.
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.
Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.

Of course, bitcoin does not care, but people do.
If bitcoin is mostly a commodity (like gold), then ~$400 is fine
If bitcoin is mostly a currency as was suggested in prior posting, then $400 for a main currency unit is too much. There are no other currencies that are so expensive per unit.
It is purely psychological, but to deny that people are put off by this price is unrealistic.
The solution is in Bitcoin Foundation proposal. 1,000,000 XBT per each BTC.
My unit is 1 satoshi. Pretty cheap if you tell me.
1320  Economy / Speculation / Re: Why (and when) the next bubble start. on: October 20, 2014, 08:36:27 PM
How many people trade BRK-A?
1. BRK-A is not a currency or money
2. You cannot divide BRK-A



you can divide BRK-A by using BRK-B instead  Smiley.
I think the point is the higher is the price of an item/commodity/even currency, the less interest is in buying and selling it (trading) for purely psychological reasons.
Most people don't want to buy fractions of most things, so this argument is largely mute.
A few people I know commented: bitcoin is too expensive.
Gold is also expensive at $1200 a troy ounce, people still buy it.
You can also buy smaller coins or go for an alt-coin (silver).

Gold doesn't care if it's expensive, neither does bitcoin.
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