How many of you bears have seen a bubble? I mean a real, soap bubble? A real bubble is not going to let out some air then re-expand before it bursts OK? The price has been moving up at a way lower speed in comparison to the June 2011 bubble, with quite a few dips here and there, it looks much more solider. You can't just randomly draw a line and say the price will stop here, with some circumstantial evidences, most of which applies to when it was at $15, $20, $25 And no, I am not saying a bubble will not form and will not crash some time later.
believe wtv you want and let the market forces move the market.  Keep on saying things like" earth revolves around the sun" will not make you look smarter. |
|
|
|
|
My advice: learn to catch the bottom, not the top, the latter is a tricky business.
|
|
|
|
|
How many of you bears have seen a bubble? I mean a real, soap bubble? A real bubble is not going to let out some air then re-expand before it bursts OK? The price has been moving up at a way lower speed in comparison to the June 2011 bubble, with quite a few dips here and there, it looks much more solider. You can't just randomly draw a line and say the price will stop here, with some circumstantial evidences, most of which applies to when it was at $15, $20, $25 And no, I am not saying a bubble will not form and will not crash some time later.
|
|
|
|
Yawn. I'm bored.  I guess selling all my silver back in early 2011 wasn't such a bad idea after all, eh? Seriously though, I decided to buy a couple of avalons, so I've been busy in the mining forum. Asics going to blow this thing wide open. What the heck, did you imply that you are half-converted into a geek already?  |
|
|
|
Lets see how long that wall at 29 lasts
Expect a fierce battle to $30. |
|
|
|
|
The market has been remarkably ever since we breakthroughed $25.
|
|
|
|
|
I wonder if there was a TA here ever readily acknowledge it when he made a wrong call.
|
|
|
|
You started this thread by saying you want to rebuff some unwarranted claims in this community, now instead of offering rebuttals to other people's stated reasons for belief in bitcoin's usefulness, you have decided to settle with surmising other people's ulterior motives, and called it all about greed and ignorance, very good for you. I guess there is nothing more I need to add.
Don't worry this is nothing against you, it could have been (almost) anybody else here. In detail you praised BTC as a tool to help people in the third world, and after I argued against it you brushed away my arguments and continued on with your rhetoric. The reason I call it ignorance is the way Bitcoin is alleviated to some silver bulled using "magical thinking", it is supposed to solve problems it was never meant to be addressing and which it cannot addresses on a fundamental level. I offered my explanation why your concern is not a concern, it's not rhetoric, there's a market there, and no appropriate payment method exists to satisfy the need of this market, it's a fact, just a fact many people are not aware of. I have said there are big bitcoin exchanges traded in CNY, and people could pay for their bitcoins with domestic payment system easily, either purchasing through the exchange or the online merchants. I could talk a little bit more about the supply side, for one thing in a populous developing nation there would be many citizens working overseas, and they would often have business/personal issues to deal with in their home country, which would require them to keep a cash reserve of local currency, selling bitcoins is one way to obtain such currency without going through the hurdle of forex exchange(there is actually one filippino guy offering such remittance service on this forum), For another, again in a populous developing nation, there would be a significant number of miners, who would be more than happy to sell their coins they mined locally, even at a slightly reduced rate, to avoid the trouble of withdrawing from Gox. |
|
|
|
Done. But I only took a small bite  How about this one??   HIs one small bite could be king size for us. |
|
|
|
|
You started this thread by saying you want to rebuff some unwarranted claims in this community, now instead of offering rebuttals to other people's stated reasons for belief in bitcoin's usefulness, you have decided to settle with surmising other people's ulterior motives, and called it all about greed and ignorance, very good for you. I guess there is nothing more I need to add.
|
|
|
|
Wall Analysis: the past predominant L-pattern has morphed itself from a formation index number .72 into a wide V with strength index .323. If this stabilizing V is narrowing into the famous "tornado" formation above a .75 pressure, a shitstorm is expected to happen. Fibonacci prediction and the z-number are still inconclusive. Therefore only small chance of going up or down in the short term.
Translation: Anything can happen Thanks! That was arab to me That was sha256 hash to me. No more arguing. |
|
|
|
 Hmmm....... |
|
|
|
Link please? https://community.bitfinex.com/showthread.php/26-Hello-worldhe posted that before but that link is what i have at hand Also what about you? i am advisor for BFX i cant take your money, i got only read only wallet and api also no access to the server and stuff like, the deal is between Rahpael and me not between you(the user) and Raphael+me Good, what I meant is"it would be nice if you could tell us a bit more", but anyway it's up to you. Back to the topic, I think if you want to give people some information about where the money goes, you could publish some statistics about the deposits and withdrawals, like what you have always been(and seemingly quite fond of) doing, rather than the detailed record. And in addition, I second Qoheleth that a user needs to see where his money is, not everyone else's, also bitmarket.eu's problem is that they improperly store their users' money at somewhere else, and you are of course welcome to disclose this sort of information if you are willing to do that. |
|
|
|
What about some disclosure of the people behind the site, like, the two guys in this thread...  Raphael already did it Link please? I don't think that"about us" page counts. Also what about you? |
|
|
|
What about some disclosure of the people behind the site, like, the two guys in this thread... |
|
|
|
Re: Bitfinex: Convince me your interest rates are real. why did you change the thread title lol ? Your first post, you said I should ask other users. So I changed the thread title so that other users might look in the thread. Anyway, thanks for the info. I'm much less worried about this than I was on Friday. Why don't you just register a trading account and check out for yourself? |
|
|
|
|
I would also like to add that an inherent risk of using centralized digital currency is the possibility of insolvency/bankruptcy of the issuer.
|
|
|
|
So what you are basically saying is that 3rd would population being able to buy services from 1st world companies operating on high margins would help them? If so how are they supposed to get their Bitcoins anyway? Oh they should issue T/T to mtgox paying premium transaction fees to western banks in the process? This is brilliant! Bitcoin, it seems to me, is basically a digital version of hawala http://en.wikipedia.org/wiki/Hawala, except that hawala is nowhere near as versatile as bitcoin is. The decentralization aspect is not just libertarian ideology, it's very tangible in nations where financial barriers are real. No that's ripple. What high margins? It's not about "helping" them, it's about a need that is already there. You do realize that oversea shopping, online or offline, is an enormous business in many developing nations right? A lot of things are way cheaper in developed nations, many are not even purchasable locally. I am not going to tell you the number of payment requests people like me are going to receive the year around, but suffice to say it is staggering. One of my friends runs a business just by doing oversea shopping for several skincare brands, and even he sometimes has problems with payments. What I meant by "hawala", is that a wide variety of people could get in the money sending business, even yourself, as long as you can get hold of some bitcoins. And yeah, as I have said, we don't need to rely on Mt.Gox. |
|
|
|
|
Show Posts
