Good lord, are we ever going to find the fkn bottom of this market? Or just continue to slide $10/week ad infinum?
Unbelievable this crap.
Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.
It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.
I love bitcoin , too. But I have 0 bitcoins right now.I have to call you out on this. You have zero bitcoins? Yet you love Bitcoin? Sorry I don't buy it. Anyone who actually loves bitcoin understands bitcoin. Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. I don't think when he types zero btc he means 0.  Proof: https://bitcointalk.org/index.php?topic=781957.msg9056222#msg9056222 |
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Total Portfolio development
Update October 2, 2014. Accelerating profit making.
Portfolio up +3.49% since inception on September 14, 2014.
* Investment of 10,000 USD would be up 349 USD.
* Investment of 1,000,000 USD be up 34,900 USD.
Current Asset Allocation
88% Cash (USD)
6% Gold
5% Stocks SHORT (S&P 500, NDX, both 10x leveraged, started at 2012 S&P 500, in profit, stop lowered to 1951)
1.5% Bitcoin SHORT (stop lowered now to 386.87, position in profit)
0.3% Monero
0.2% DIEM (as a "playground play", no serious fundamentals behind)
Not willing to interfere with your investment plan, but I wonder why didn't you invest in XMR a bit more. It seems it gains momentum at the moment. BTC, I'd give it a bit more time, but XMR will definitely will gain you some short profit... |
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Apparently Kraken stopped accepting applications for Tier IV. Has become an awful place with their fucked up funding limits. Please use other exchanges. Kraken is a horror for serious traders.
Kraken is a perfect place for common people who want to trade small to medium amounts. It fits my needs and it will fit the needs of 80% of the people out there. If you need higher volume trading, there are quite a lot of places to trade really. But IMHO, limiting the trading volume is not necessarily a bad thing. |
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I think you're wrong there. There was a significant parameter that most people don't seem to remember, the Cyprus Bail-In. Remember where EVERY bank deposit above 100K eur just ceased to exist? Cyprus lead the party back then, the bots were implemented right after if you see the facts (due to the reasons you've mentioned).
Believe it or not, the "accident" is closer than you think. I hate to spread FUD, especially in a public forum, but you should *REALLY* consider moving your money out of your bank accounts (at least those you want in your pocket, or for an emergency). Expect the EU stress tests to go ugly. Not everyone has the ability / will to fill the cracks of the system with fresh fiat (that -BTW- ended up to those that made the cracks in the first place).
Margin call ladies and gents. Margin call.
Of course, there's not going to be any one factor causing anything, the world is more complex but if you start listing things here these days you are accused of 'walls of text', so it becomes difficult to talk in anything other than vague generalities. Anyway, you claim Cyprus was a factor causing the bubble, so I'll raise you a Danny Brewster and say Neo-Bee is another cause for a long bear market  There are a lot of people accused with "walls of text" (look above)  . We're far from that, don't worry. You have a point there. Granted. We will both have our chances on verifying our positions. I won't mind if I lose my holdings. Please do verify that you have the same ability (just in case).  |
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Nanobrain, I seem to remember posts like these before the last two bubbles. The same logic was there, that it was harder to go from $X.XX to $XXX.00 and so on. But Bitcoin is the honey badger of money. Bitcoin does not care about what is logical or even what makes sense. It rises when it wants to in mind blowing ways. I don't believe we will see a "mini-bubble" it will be a bubble beyond our belief. I believe, based mostly on knowing how humans work and the greed at play, that when the price beings to rise there will be people that have been waiting on the sidelines because they were unsure of what was going to happen, panic buying. With the panic will come hysteria. As the thousands of newbies that have not yet experienced a bubble yet see how quickly the price can rise watch they will suddenly throw caution to the wind and throw in what they can as well. It will be crazy. It will make no sense and Bitcoin will probably be overvalued at that point. All that said, TO THE MOON. Hiya hon, I know what you mean but surely the reasons you posted a bit later down the page show the resistance to wider adoption is far greater than you think. Gox is still fresh in the public's mind and its pretty clear the last ATH was mostly down to Mark and his bots trying to bail himself out of sinking ship.At least the thesis posited by 'Post-Cosmic' has some logic behind it. I find statements like Bitcoin is the honey badger of money to be pretty hollow. Everything you say above is based on people getting greedy and I suspect, you selling and making some money. Every bubble there are a big pile of losers who end up with over-priced assets as the price shrinks back -- its not good for any economy (BTC, housing, whatever). And each time this process happens those people tell their friends and family etc. This obsession with bubbles rather than slow steady growth must surely counter-productive. The more price stability we achieve the more people are going to actually use BTC and personally a much narrower range of trading would make me far happier. I think you're wrong there. There was a significant parameter that most people don't seem to remember, the Cyprus Bail-In. Remember where EVERY bank deposit above 100K eur just ceased to exist? Cyprus lead the party back then, the bots were implemented right after if you see the facts (due to the reasons you've mentioned). Believe it or not, the "accident" is closer than you think. I hate to spread FUD, especially in a public forum, but you should *REALLY* consider moving your money out of your bank accounts (at least those you want in your pocket, or for an emergency). Expect the EU stress tests to go ugly. Not everyone has the ability / will to fill the cracks of the system with fresh fiat (that -BTW- ended up to those that made the cracks in the first place). Margin call ladies and gents. Margin call. |
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Has anybody mentioned the possibility that a BFL (or affiliate) has started dumping their (illegally) mined coins towards making a fewer BTC refund to the respective owners? I've just learned the news! Maybe the Hashrate drop has something to do with it? The market is still young and vulnerable and behind any kind of manipulation, there's a reason. Why not this one? PS: I will try to reason the next ATH as well. |
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If no one is spreading his coins around for free, I'd say you're right. Good thing you've got rid of the hacker leak. Let's see some moon now! Hi Macsga, It looks like the holes are filled ok. While it was a huge distraction it is part of the process I reckon. Better it happens earlier rather than later. We're a little more experienced now The hackers had to work to earn their share too like the players. I think they sold way too low. I'd rather get something worthwhile rather than just a few $'s. I'll look at selling some when it can make a contribution to the running costs. Not for the price of a few beers Best Greg As I've previously wrote on this thread, the good part of the coin is its support and this is what it gives it value. The math to follow on GCN is the same as with every other crypto coin out there. Periodically reduce the number of coins mined will give a better value to the coin itself. I haven't set up the slots yet but I believe that rising the scarcity is something that will lead the way towards better equities. Cheers. |
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If no one is spreading his coins around for free, I'd say you're right. Good thing you've got rid of the hacker leak. Let's see some moon now! |
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It's a photoshop. I can tell from the pixels. Good eye! Indeed, the shadow is wrong, there is no reflection on the floor, ... There's actually quite a lot wrong with it. And I'm not even an expert. The first thing that caught my eye was the texture but look at it, they don't even have the "machine" properly centered. That could potentially be a stylistic choice but isn't. The perspective is funky too. Its authentic as the chicks pants on the right escalator shows thru in back... Shadow not there depends on light position. Who gives a rat's ass about the ATM... what's the chick's name???  |
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going to the Moon is a choice we make  Were stocking fuel for Mars, don't cha know? going to Mars is a suicide mission until they can have a space station around Mars edit: which i don't think the current world leadership is capable of the kind of long term planning that is required to achieve that... Either Moon or Mars are nearly equally unrealistic. Just because we saw the moon landing on TV does NOT mean that it actually happened. Nice one, even though I'd love more to know what these chips will do on mining  |
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Thanks for the prompt reply. I guess that no workaround that you are aware of, is feasible at the moment...
Thanks again for your excellent miner.
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Perhaps it is changing.  a smart guy would understand what an average mean, in that sense showing me a 2 months long chart doesn't imply to you understanding the word average. I wonder what a genius like you is doing with all us idiots in here. THANK YOU DEARLY for your presence!  |
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Hi.
I'm sorry if this was asked before, but is there a way to configure this miner through Tor (Socks) or ISA (http/https) proxy? I have 4 machines at work and the pools cannot resolve.
Thanks in advance.
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It will land at 450 and then back to 400. Somebody is accumulating... |
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It's not double bottom... |
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If the paypal news was released in Nov. 2013, were probably could have seen $4000 prices, and now after the news, there's a dump?
This must be the work of some faggot bears
This is Wall St. seeking for cheap coins. This is an interesting thing though. Could someone tell me how many BTCs are "on circulation" into the exchanges against those that are in cold wallets? How many $M would it take to take the price down (we've seen up last year)? Think people... THINK! |
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It's one of those times where Bitcoin dies... It's easy to get along such a situation. Windows Users: Ctrl+F4 Mac Users: Command+Q Linux Users: $ sudo reboot (do that in style) Come back tomorrow. Go now!!! Chop Chop!!! What about ShroomsKit OS? He doesn't have to reboot. It's self rebooting every 2 seconds... Bear mode, Bull mode, Bear mode... |
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It's one of those times where Bitcoin dies... It's easy to get along such a situation. Windows Users: Ctrl+F4 Mac Users: Command+Q Linux Users: $ sudo reboot (do that in style) Come back tomorrow. Go now!!! Chop Chop!!! |
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It seems that everything is working stably now.
But the mining yield is very low, maybe the price will go up.
The mining profits are ridiculous at this moment. It's a pity, really. Also MCXNow wallet is down, you can't send in MAX, I've sent some and it's been in limbo for about a week now. I truly think I will switch my rigs off or turn them elsewhere.  You can use bittrex instead mcxnow Yeah, Cryptsy too, that's not the problem. The problem is that somehow with the same gear I'm mining about 1/10 of what I previously did, and there's not a feasible way to entertain my frustration, since I believed that MAX was something that really had *that* something when it got out. It turned out to be nothing more than a great hype that Max Keiser introduced and materialized. MCXnow was a great exchange to work with and it really had that "pro" feeling since the very start. Now the op is away in EU and he's coming back "in two weeks" (that's about after the end of the week if I remember correctly). After all these, today their https certificate is out of date (attack?...) I'm really seeking into mining something else and I'll do this with great sadness. MAX REALLY could do miracles if it was treated correctly. |
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It seems that everything is working stably now.
But the mining yield is very low, maybe the price will go up.
The mining profits are ridiculous at this moment. It's a pity, really. Also MCXNow wallet is down, you can't send in MAX, I've sent some and it's been in limbo for about a week now. I truly think I will switch my rigs off or turn them elsewhere. |
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