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221  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 07, 2015, 09:21:05 PM
that's enough of an explanation to make me abandon it in favor of TPTB being Armstrong.

Now you are being delusional. vokain or anonymint must have said something that put your logic to rest.

But you can check yourself that Armstrong was at certain times (schedule is public) in Europe where he was on promo tour for his movie. He had speeches and Q&A sessions in universities and cinemas.

222  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 06, 2015, 09:55:42 PM

Omg, another agent.  Grin
223  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 04, 2015, 06:56:26 PM
latest poll results "should the blocksize be raised?".
http://www.poll-maker.com/results329839xee274Cb0-12#tab-2:



looks where all the voters come from.  does THIS look decentralized to you?:



And what's the point of voting on highly technical question? Democracy doesn't work with this stuff, because majority have holes in their brains and then they lean on opinions of others and marketing campaigns.
224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: June 03, 2015, 10:03:21 AM
Where can you observe the total longs vs. shorts?

I think it is not possible unless you have some coins waiting and you can see that nobody is shorting but bitcoins will be borrowed almost within heartbeat.

The leverage game hinges on the integrity of the platform. If the platform is not running fractional reserve, and the safety margins are large enough, then the short squeeze can possibly be epic, because the number of entities who have enough bitcoins to trigger it is enormous, yet the number and value of XMR that can hinder it is limited. All shorts lose everything.

But if the platform is corrupt, then they will just create more XMR in their system in the event of a squeeze, tapering it off, and hoping they can recoup the position later by buying in their system and canceling the bought XMR against their undisclosed short. If the recouping does not work out, they have a systemic short position, and they can only play time with restricting withdrawals until the eventual happens - they don't have any XMR in their wallets, yet do have them in the system, people cannot withdraw, and it goes down in flames. This is a widely accepted theory of Mt.Gox fall.

A successful long squeeze is possible only in the event that the coin is tending towards zero for its own merits. Even if it drops to zero in a platform, as long as the platform is honest, this will just be an incredible opportunity for the believers to amass more coins. It does not make the coin valueless, any more than the Mt.Gox hack in 2011 made BTC valueless (the system price dropped to 0.01 during the event, from the previous value of about $17).

Of course real XMR selling pressure or shorting pressure can depress the price such that longs are forced to liquidate by the system rules, and this will cause them to suffer losses. But the winners in this case are not the shorters, as the price will bounce back, and obtaining the sold/shorter XMR back without spiking the price more is really difficult. The winners are the patient buyers who just get to buy cheaper.

I advise against participating in the margin game, because historically there is no much evidence that the platforms can deliver in a black swan event. So if you lose, you lose; if you win, the bank loses, and therefore you also lose. Even keeping any value in platforms that enable margin trading is (if possible) even more reckless than keeping it in non-margin platforms, which is reckless.

If I am not mistaken, it is traders who are taking short or long positions, not the platform.
They are even charging higher trading fees on margin trading than with the ordinary trading activities.

This is crypto world and there is only one rule: "There are no rules!"
225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2015, 03:38:09 PM
There is literally no more cash on exchanges and price can go below 100 if someone sells 10k btc and longs get squeezed.
226  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 31, 2015, 07:49:55 AM

The RSI divergence is pretty obvious already, so my predictions are that there is a 80% chance we won't see 0.0016 in the next 3 months.

80% - how did you come up with these number?
3 months - why are you so confident in timing?
227  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released on: May 29, 2015, 06:42:23 AM
So BBR and SuperNET are done?

... what development has happened in the last six months...?

0.
228  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released on: May 27, 2015, 11:20:10 AM
BBR only need to change the name

Here we go...
229  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 21, 2015, 07:07:17 PM
Wow. Some big players are cashing out. I wonder who?
230  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 19, 2015, 09:32:50 AM
Ref: Polo KYC, I just looked at verification and for up to $2000 equivalent/ day, for 'level 1' - all they want is a name and a country.


This won't last long. It makes no sense to have this kind of limits.
I believe Poloniex knows they have to start KYC in order to be compliant and they are well aware what is/was their competitive advantage. We are watching "soft" transition and they hope they don't lose too much customers in the process.
231  Economy / Service Announcements / Re: [ANN] 1Broker.com - Trade forex, indices, stocks and commodities on: May 09, 2015, 06:53:22 AM
Looks like another round of market additions is been planned!
What would you guys like to see added?
https://twitter.com/1BrokerCom/status/596831633296248834

I am wondering if they can add VXX?
232  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 07, 2015, 07:29:36 AM
Still no response from bfx addressing recent issues of their costumers. Very bad.

edit: It took them 10 hours: https://twitter.com/bitfinex
233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2015, 08:02:33 PM
Since when is BTC-E the market leader? Did they hire Mark?
234  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 30, 2015, 04:54:47 PM
I think this is a good price range to get involved again. Sure it can go lower, but I don't think it will. Beside price of BTC is so low that you might not get a chance to get in below 1 USD per XMR. And then there is inflation which works for you. And development is in progress for more than one year - the most important factor.
235  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: April 28, 2015, 09:43:57 PM
That's a bid for 1.75 million.  Just think when the true ETF COIN comes online and a bid like that comes in.  They will have to buy 5000 bitcoins right off the open market to cover the shares. 

I don't think the SEC would approve a bitcoin etf
I'm almost sure they will as I don't think that heavyweight attorney that specializes in this kind of thing has no influence/colleagues in the SEC nor would she take on a knowingly failed case just for extra money because she has a reputation to upkeep. We're not talking defense attorneys here. Wall Street hedge funds have invested in lots of garbage like mortgage-backed securities, derivatives and other worthless junk so they need something like Bitcoin in their portfolio to provide an upside to their valuations as well as something more to sell to their clients who don't want direct exposure to Bitcoin itself.

If big boys (NY banks) want it, they will have it, else forget about it.
236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 27, 2015, 09:40:35 PM
Is btc-e insolvent? Or any other news?
237  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: April 22, 2015, 08:25:13 PM
Has anyone seen/heard about the status of Kobayashi making Tibanne bankrupt as well for their debt to Gox?

Check mtgox, it's all published. In short, yes. All companies of Mark are going to get into bankrupcy soon, because he has't paid any money back.
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2015, 08:48:40 PM
Very strong breakout which might last for more than a few days, because there are so many shorts that need to close.
239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2015, 01:45:25 PM
Bitcoin will get a rise again, if not tomorrow, next month or next year.

Invested 1/4th of my physycal  savings, and will only sell (a part of) my coins at at least $500

The idea and the technology behind Bitcoin is just too interesting for me.

You are quite conservative for bitcoin land.  Smiley
240  Local / Other languages/locations / Re: Slovenija (Slovenia) on: April 19, 2015, 04:57:22 PM
Tule še link do objave Reloada v "service announcements" na Bitcointalk-u:
/indehttps://bitcointalk.orgx.php?topic=1029195.0

Glede na to, da se bolje spoznate na forum: kako lahko dosežemo večji domet objave?

hvala!

Poskusite tudi sestavite PR članek in ga objavite na reddit ali coindesku ter podobnih crypto-news straneh.
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