|
Not sure, some elaborate reverse phychology to start a scam
|
|
|
|
|
Chessnut, do you have any data showing the leverage stats in China? If not how can you presume that the end of leveraged trading and force closing all leverage positions would result in a price rise?
|
|
|
|
|
Hm so realistically the 10th means nothing kind of like most the dealines before it.
Ah well let the saga of 2014 continue.
|
|
|
|
|
Please change my bid to
0.001010 / 990 MRO / 1 BTC /
|
|
|
|
|
I think this market has completely lost its mind.
Also has anyone got a link to the 10th being a day something is supposed to be happening? Only thing I can find is about a Bitcoin conference or something.
|
|
|
|
A quick ban would make a tsunami on western markets, because of the negativism and because traders would expect a fast influx of sell orders of bitcoins from China on western markets.
But a slow death, with lower volumes, lower demand caused by the end or lower influx of CNY and a continuous drop of price on chinese exchanges, with chinese traders cleaning their portfolio of bitcoins, would be worst. It would be another Gox on our hands.
This is whats been happening for the last few months.. |
|
|
|
The Windows being faster than Linux should be more publicised. If the contrary was a drawback, this should be beneficial to its image.  I think the blockchain folder in the OP is incorrect. In Windows, shouldn't it be in appdata/ ROAMING/bitmonero ? Yes but you get there with %appdata% you also have to create the bitmonero folder yourself. |
|
|
|
|
No but its an okay indication. Where else can you go and judge such a range of emotions all about Bitcoin.
In traditional stocks the investors are far more spread out, secretive and certainly don't congregate on an internet forum to talk about it.
|
|
|
|
One thing that I can't wrap my head around is why most people here think that if tomorrow Bitcoin were completely shut off from the RMB, Bitcoin prices would miraculously rise. Do people actually think that the fiat prices for Bitcoin have nothing to do with supply and demand? The amount of Bitcoin on the market and being continuously mined will not decrease, but the amount of fiat being spent on purchasing Bitcoin will sure go down.
People here love speculating that it was solely an influx of Chinese money that brought Bitcoin to over 1000 USD late last year. But then all of these same people think that it isn't Chinese money helping to keep it up over 400 USD right now? With all the noise coming out of China (which in China has always been the same tune, unlike all these "bans" people complain about here), people have still been free to very easily convert their RMB into Bitcoin. When or if it actually becomes impossible to use normal banking in China to purchase Bitcoin with RMB, the extra time, hassle, and expense involved to purchase Bitcoin with RMB might depress prices.
Your forgetting that its the uncertainty coming from the Chinese exchanges thats keeping the price down, thats the factor that would no longer be the case if Bitcoin was shut off from RMB. People who want out for good are out and people who don't will stay either way. However there are many who are simply waiting on the sidelines until the situation is sorted, every time there is a peep out of China the price drops so why would I invest my money until the full situation is clarified. There were a number of factors to last years bubble. I would speculate it was the gox effect more than China that took us there. |
|
|
|
|
Your right a lot of people will sell their coins but only to buy back more. No doubt the majority will buy high, sell low, rinse and repeat as has been the case forever.
|
|
|
|
|
Doesn't have to be a bit coin auction site though. Those are ebay fees and how they make their money even if they accepted BTC it would still be the same.
|
|
|
|
|
Please add more info.
Users, licenses, back end and price please.
|
|
|
|
|
Something that all the rich people will see, polo anyone?
|
|
|
|
|
Who cares I don't know anyone outside of the foundation who even cares what they have to say. Too much importance placed in a central entity in a de centralised system will end in disaster.
|
|
|
|
|
Now just for the rest of them and we can stop looking over their despite the fact that they probably don't hold anywhere near as many coins as others will have you believe.
|
|
|
|
And we have to take in account that many orders are fake orders. When the price goes near, they are gone. Exchanges like Bitfinex allow fiat holders to put huge fake sell orders with only a fraction of the necessary money. The same can happen on the bid side.
They're not necessarily fake but if some news comes out or something similar and the price is crashing down people remove their bids wait for it to fall miss the bottom and then chase it back up, rinse and repeat. |
|
|
|
Isn't it ironic that the libertarian bitcoiners, champions of laissez-faire capitalism, are betting all their life savings on the hope that the Satoshi Bitcoin will be one day the only cryptocurrency in the market, so that they can charge monopoly prices for it?
Hm, isn't that copy-paste from a post of mine? yep, I remember when you said it lol. Weird |
|
|
|
He's a troll, or he's a moron.
Either way, best to IGNORR
He's actually both  |
|
|
|
Huobi's order book is insane. Must be kids playing traders while their parents are away. Or the traders are all drunk.
Yep never seen it quite like this. Any ideas on the cause? |
|
|
|
Arbers always keep the prices fairly in line. The real question is why haven't we rallied and dragged China with us |
|
|
|
|
Show Posts
