The first person to market dump 5000 BTC is the winner
getting trickier since the exchange volume is much more distributed now |
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you can easily make as much money as an early miner, you just need more money to do so
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Just waiting until North America wakes up  |
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Americans must be so confused.
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1.337 yuan per mBTC  |
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BTCCHINA is at 215 USD/BTC now! Gox at 198, Bitstamp at 188.
It's like falling into a black hole, the head just accelerates faster and faster compared to the rest of the body..... What a thought |
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Holy shit, China is just not stopping.
Not only will they not stop pushing the price up, but the walls go up immediately behind them!
unfortunately those walls are pretty shallow and there is very little bid support keeping this above 1000 CNY. the point is we breached it. that means we'll pass through it with strength soon enough |
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seriously, i find it crazy that i can't put stop losses
bitfinex.com |
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And no, looking in log-scale is not "cheating". Going from 1 to 1.8 is just as spectacular as going from 100 to 180.
This is false. Think about it in terms of "people involved" and "money volume necessary to cause a price level increase", and you will see $100 to $180 is much different than $1 to $1.8 Think about it in terms of exponential growth, as in exponential amount of an "people involved" each bringing along individual "money volume necessary to cause a price level increase", and you will see $100 to $180 is actually pretty similar to $1 to $1.8 |
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And BFX is already earning at least a cool 10% on all the interest their loaners are collecting. |
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Hmm, I've only known about Bitfinex for 4 days now So you are saying that most of the time the interest rate to keep the money lent out is more like 12%, hey? It all makes more sense if that is the case. I see it mostly linger around the 20-40% apr range during non bull dominant times. Hell, I still have a loan held with a BFX lender that is at 29% |
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But it makes no sense that if you ran bitfinex you down't go to the bank and borrow HAND OVER FIST at whatever joke QE interest rates are being offered by central crony banks, and then lend it out at insanely profitable rates to BTC shorters.
Bitfinex wouldn't lend USD to BTC shorters, they'd pass through the loan to the bulls paying the exorbitant rates on BFX and profit the difference. Still [following byronbb's reasoning]: why allow us to earn 200% interest lending USD, when, I would assume, they could borrow Bernanke bucks or the Hong Kong equivalent at a vastly lower rate? Perhaps they'd rather hold BTC themselves |
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But it makes no sense that if you ran bitfinex you down't go to the bank and borrow HAND OVER FIST at whatever joke QE interest rates are being offered by central crony banks, and then lend it out at insanely profitable rates to BTC shorters.
Bitfinex wouldn't lend USD to BTC shorters, they'd pass through the loan to the bulls paying the exorbitant rates on BFX and profit the difference. |
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Excellent! Now I can offer discounts for 20 year subs! can i just be your apprentice?  edit: actually this was the link i wanted to post about reversing aging, not the Guardian article. The tedtalk is much more informative http://www.youtube.com/watch?v=qMAwnA5WvLc |
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more btc ones please |
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I can't wait to see this in 3-20 years.
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We're so used to the behavior of our price-finding mechanisms now
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