Still enjoying my U.S. and Canadian VPSes and would like to retain them over couple of months, how long can it go? Is $1.50 the latest price?

Didn't quite took notice of the leverage multiplier until now and that's indeed an innovation from what's commonplace. I know multiplier leverage to be a double edged sword and players would do well to understand how it works before jumping at it, used properly, it would easily translate to extra coins.

Guess that entirely your opinion but dumping of Bitcoin is no longer all said and done, because as more and more people are embracing Bitcoin, its decentralized nature really comes to the fore. I tell you what will happen, some people would simply sell their coins and wait to buy again at lower prices and that is called profit taking and not dumping. Good coaches don't replace a winning team!

I say luck is when an opportunity comes along and you're prepared for it - Denzel Washington. All those instances of shithouse to penthouse and back to square one are vivid illustrations how luck can always pay for an examination, but never have to sit out the exam for you! If you are lucky to inherit a fortune, you are going to need more than luck to sustain it, without which the fortune is already out of the window.
Going down memory lane, we can't help but notice that failure is usually the first leg of success and people who know where they're going like Thomas Edison, do not see it as failure - they simply take note of what doesn't work and then move on until something works. At best, luck is a recognition of hard work, the more you sweat, the luckier you become!

The attributes of Bitcoin are as attractive as they are not easy to pass up. They have predisposed its price to be overall in uptrend, once in a while, one or two fetters would show up and pull it down, but it already have people's goodwill going for it and sooner than later the price shores up again, that is it! $1000 per Bitcoin is now a conquered territory, $2000 in view, thank you Satoshi!

That's right, they are out to mop up those volumes of trade China is taking for granted and may have to introduce some fees in the long run. That goes to highlight what to expect when government tries to flex its muscle on Bitcoin and I hope they get to learn something this time around. Bitcoin is like the wind, it goes where it wants!

The statistics from Alexa must be showing the face value of the traffic it monitored, but the real description of the traffic is hidden somewhere in the space, because those Chinese traders know better than leave tracks of their deals, knowing their government was after them.
 

Since ETFs are created to track the price of an asset, they only have to create an arbitrage opportunity through some pricing mechanism that sells the shares at some prices lower than the market value of Bitcoin and the arbitrage situation that ensues will increase the demand for the ETF shares and the subsequent selling or redemption of the shares would then force the price down and close the arbitrage.

That goes to suggest that the government would rather be inclined to give approval for ETFs that tracks the price of Bitcoin, because it would then give them a tool to control the price of Bitcoin.

Nevertheless, there are pros for a country to take to bitcoinization. First is that it stands to diminish risk on a country's local currency. Secondly, it is going to protect against inflation and devaluation. Both merits would culminate in a stable, secure economic and investment climate as pressure is off the local currency. However the fear of losing its ability to directly influence its economy is a strong reason, no country would want to go bitcoinization.

Where exactly did you get that from?

Interesting to know you also have intention of partnering with interested investors, but if the vetting process is all about those unable to cough out $1000,000.00 (one million dollars) then I already see a big crack in the business model proposed by your CFO. At that the funds through this channel may never come and that is not the same thing as recommending nickle and dime investments.

I like the idea of having as many nodes as possible outside of China, but it got me wondering, if majority of the equipment supplies is due to come from China, would that give you any edge to effectively compete with already established mining companies in China?

ETFs are targeted at high networth investors that can comfortably upto 50000 blocks of shares from the fund company and not just for every trader out there unless a brokerage company comes in to play the middleman.

Overall, I want to believe that the ETF stands some good chance of getting approved going by Trump's stance on reducing the burden of regulation in the U.S. and a number of Bitcoin enthusiasts that are close to the sit of power.

http://www.econotimes.com/Trump-picks-bitcoin-and-blockchain-enthusiast-Mick-Mulvaney-as-Budget-Director-461379

Never heard of neutral luck! It is either one is lucky or simply a master at what he\she does. Problem with luck is that everyday cannot be Christmas and their obviously no future with hoping on hope.
That only is the case, if a trader is knowledgeable enough to realize they cannot buy at just any price. If a trader ends up buying at the peak value, market may not be quick to return to that price level and sometimes as seen with some altcoin, it may never.

I guess you have not been trading in the wider financial markets! If not, you would have noticed by now that studies in Sociology and Psychology asserts that human actions are cyclic in nature and so can often be predicted. Prediction as it relates to trading doesn't entail being 100% accurate all the time, any analysis that gives as from 70% accuracy is good enough to return profits for a trader that knows how to manage risk and money.

We are talking about Bitcoin here and I don't remember the last time it got dumped. When there is a drop in price, it doesn't necessarily mean the coin has been dumped, because the price didn't get to fall helplessly and never recovered. At the level Bitcoin is, it is now increasing difficult to dump it, because some many people are now having stakes in it unlike before. Price would often go down for profit taking or other reasons, but soon enough it would find its way up again.

I think it is for other reasons than price of Bitcoin changing all the time that fixed income might not be a possibility. For a trader, trading is not about buying at whatever price and hope it would appreciate soon, because it may take a very long while to or may never at all. For knowledgeable and skillful traders, I think the fact that Bitcoin price is never stagnant is some money, waiting to be cornered with the right tools.

You happen to be the only bitcoiner that I know, who is not bothered about the so much delay in confirmation of a transaction. Here we are wishing that many more merchants should embrace Bitcoin as means of payment and then imagine a situation where, a merchant is going to have to wait for almost 24 hours before a transaction goes through! Is that a step forward suitable for the 21st century or a leap back to the stone age?  

Quite agree with you, no one climbs a mountain just by looking at it. Most people we see as successful businessmen today, have stories of failure behind them, but something that set them aside from millions of other people that also failed is their never-giving-up stance for risk taking. Money doesn't grow on trees, therefore to generate it, value has to be created or added and that attracts some cost, that is where and why money is required to make money.

I won't call that gambling as it's more to me an educated guess, seeing all the creditor claims made to date have been reviewed and the Japanese government is quite keen at restoring some sanity and confidence to the industry. Moreover, there is already 202,185 XBT, about $91 million calculated at $451 cooling down at Kraken.

At the prevailing Bitcoin price of over $1000 compared to $451, the risk by the hedge funds is well worth the taking and the Bitcoin community would be better off for it even as they won't recoup all their claims.

It might interest you to know that all what you highlighted are really nothing new. They are part and parcel of the human emotions that plays dominant role in driving price in every financial market - those fears, panic, greed, anger,rumors, etc. The market is however more formidable now than what it used to be, because much more interests are now vested in it. At that, when you think you are dumping Bitcoin, the market would only notice that someone just sold his/her coin.

It is a wonderful idea to save for future investment, but a fact to call to mind is that, there is no risk-free endeavor everywhere. While your savings at the bank might be safe from hackers as you claim, watch out, there are still thieves in the form of inflation and devaluation lurking in the corner!

Exchange Traded Funds - ETFs are not for the average investors, because investors are going to have to buy shares directly from the sponsoring fund company (Winkelvoss in this case) and the shares are typically in blocks of 50,000. Essentially, they're investment vehicles targeted at the institutions and the very wealthy, who can afford to deal directly with the fund companies. Brokers sooner or later, spring up to bridge the gap for average investors.

The market price of an ETF is determined most by the forces of demand and supply for the shares of the ETF and to some extent by the Net Asset Value (NAV) of its portfolio. So it is not uncommon to find ETF's market price trading at different rate from the NAV, especially for those ETFs that're traded less frequently. As a result, the potential exists for ETFs to trade at prices above or below the market price of their underlying portfolios and often create arbitrage opportunities, which is an edge wealthy and institutional traders enjoy.

So Winkelovoss EFT stands to draw the attention of the wealthy and institutional investors to Bitcoin, which could easily translate to much more demand for Bitcoin and increase in its market value.

I wish to apply again for this campaign:

BitcoinTalk username: Victorycoin
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Asked for a test  - Windows 16, USA he obliged and was patience till I sent the money. Speed of internet is very fast and prompt response. Now have to order one more - Windows 12 Canada and going to order even more. Recommended seller, Keep it up ONCF!