BS
Don't you get it? This is when Bitcoin will truly shine! All we'll have left is the magic of the internet!  Just counting them coins! CCMF!!! I don't argue if BTC will moon or not but it's possible role as a world reserve currency. BTC MAYBE be SOMEDAY a part of the SDR which WILL be soon THE world reserve currency. |
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Things getting interesting!   |
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I see, we're dealing with a serious lack of foresight here. Gvt of the world will not willingly convert to BTC. They will do it because their economy will eventually crumble and BTC will be the only safe asset left. Here, some reading for you: http://nakamotoinstitute.org/mempool/speculative-attack/BS |
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Ah yes, Mr. Tim Swanson of Hyperledger.  Actually it is Mr. Chovanec  |
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Headline: "The French bitcoin revolution: BNP Paribas testing crypto on its currency funds" Columnist's interpretation: France's biggest bank BNP Paribas is looking at ways bitcoin could be incorporated into one its currency funds, according to a source at the bank.
Actual statement by the "source at the bank": A spokeswoman for BNP Paribas said: "We are looking at blockchain technology and how it can be applied to post trade processes to make things faster and potentially cheaper but it's all very much projects and it's all in testing. It's nothing live."
"Blockchain technology" is not bitcoin, and does not have to be bitcoin's blockchain, or any cryptocurrency blockchain. I don't know what "post trade processes" mean, but it is definitely not trading bitcoin... Lol, at last someone with brains... It is the same poem again and again - they invest in BLOCKCHAIN and not Bitcoin, get over it people. |
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Okcoin have emergency funds coming out of their asses.... and unless they got hacked their futures service is zero sum this is part of the agreement.
Can you elaborate some more please? Not sure I understand your post (language barrier). |
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It is pretty obvious to me that for some reasons (BTC insolvent?) OKCoin wants price down, while Finex, Stamp, Huobi up.
This is something the community should solve asap... OKCoin is a HUGE red flag IMO, we need them out. We can't stand another MtGox.
Regardless of BTC, China is on a SNAFU right now. I don't know when they will see all this splashing on their face; but I guess it will be soon. BTC forms a safe heaven for situations like this and OKcoin etc know this and most probably they have invested in (ie: already bought) this. Did you notice that we're going up btw?  SNAFU? Yes, I was ready to post! Reversal at 284$:  Support 270-280, resistance 288-292 |
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It is pretty obvious to me that for some reasons (BTC insolvent?) OKCoin wants price down, while Finex, Stamp, Huobi up.
This is something the community should solve asap... OKCoin is a HUGE red flag IMO, we need them out. We can't stand another MtGox.
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I see it to go up only because that whole greece mess isnt fixed nor it will be.
And now its just a matter of seeing a country fail..
I don't agree with you. Greece was just a spark which started this moon cycle. Bitcoin is now feeded by GREED. i don't think so, bitcoin is not feeded by greece, big manipulator has seen the whole greece exit as the biggest opportunity to pump bitcoin and to catch some newbies fish in the net now that everything is done they have stopped their trap He said GREED. And we all know: GREED IS GOODCalm down Gekko  |
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I just thought of realised something - if BTC counterrallies to Gold, Gold will fall faster & harder!
BTC will go up even faster than it would too.
How can we relaise this in a TA matter ? Money from Gold will flow into BTC Thanks for the fast reply What I meant is, is there some sort of Charts we can look at when what you says happens, or we will just witness a rally ? You can watch a BTCGLD chart like the one in Vaultoro (maybe Bitgold has one too, haven't checked). What you wanna see is 2 things: 1) Who has the upper hand? 2) The upper hand is rallying relatively to USD too? Don't we think that Gold reached a dip point where it can't recover ? As far as I've read on reddit, Gold is nearly dooming. What are short/medium/long term specualtion Klee ? Doomed below 250$ Short bounce at 970$ Can't say medium and long. If it keeps falling, medium between 500-700, if it keeps falling long term 300$. |
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Yeah, after all maybe 1000$ is a good buy.
I don't trade Gold but if I did maybe I would buy somewhere between 970-1050, with stop at 945
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Watching the Gold PnF closer, I see there is strong support at 1000 and 700 too.
So maybe it will stop somewhere between 700-1000.
So the targets are 1000, 850 (median of 700-1000 range), 700, 500 and 300.
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I just thought of realised something - if BTC counterrallies to Gold, Gold will fall faster & harder!
BTC will go up even faster than it would too.
How can we relaise this in a TA matter ? Money from Gold will flow into BTC Thanks for the fast reply What I meant is, is there some sort of Charts we can look at when what you says happens, or we will just witness a rally ? You can watch a BTCGLD chart like the one in Vaultoro (maybe Bitgold has one too, haven't checked). What you wanna see is 2 things: 1) Who has the upper hand? 2) The upper hand is rallying relatively to USD too? |
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Just to clarify again that PnF is time 'agnostic' so any timing speculation is based on my own independent gut feeling, experience etc.
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I just thought of realised something - if BTC counterrallies to Gold, Gold will fall faster & harder!
BTC will go up even faster than it would too.
How can we relaise this in a TA matter ? Money from Gold will flow into BTC |
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I just thought of realised something - if BTC counterrallies to Gold, Gold will fall faster & harder!
BTC will go up even faster than it would too.
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Gold target 500$. Worst case scenario 300$.
If BTC decouples it will go at least 2000$.
If not targets are about 100$ and 50$ respectively.
Gold and BTC were moving in the past both in parallel and anti parallel. Interesting to see where this will go!
What's your time frame for gold and btc bottom? October isn't far away if they will coincide with Armstrong/anonymint predictions. Either we some serious **** take place soon or the bottom will be later imo. Bear markets tend to be faster than bull ones, so maybe 1-2 years for Gold, maybe more. Not easy fot a market cap of this size to move so fast as BTC. BTC if closes below 230 will need at most 1.5 months IMO to hit bottom. So in this case Armstrong is correct. Not sure he will be for Gold though. But stranger things have happened... |
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