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BTC38 are planning on adding it asap.
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Nice article. I still think it might just be the excuse the market was looking for to make a correction, but I guess we will find out soon enough.
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I see the connection, but I think that this time we will back the failed currencies (when the dollar collapses) with a commodities basket.
Once someone leaves that behind and prints like crazy again (inevitable) then we will move to a world cryptocurrency. Right now Bitcoin is far too small to have a meaningful impact on the dollar, but soon enough it, or a sucessor, will be.
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So this is actually it! We have the long awaited correction. I have to say, it we settle at about 800, its isn't so bad really. We are still nicely set up for a good run in the new year. This time next year we'll be millionaires!
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Yes I am. I have little insight on what the Chinese government will be saying next Friday!
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Yes, or at least for the last month anyway.
The fear is that this buying will be reduced after Friday's government statement.
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is it not because it is hella risky for financial institutions to own something that frequently goes up or doen by 50% in a few hours?
Seems like sensible practice, but that doesn't mean the man on the street can't use it, at theriw own risk.
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BTC seems to have found SOME sort of stabilization until some news report sends it in (insert direction). Do we think Alts are really the way to go now? Is there a purpose in leaving something in BTC and not moving it to an alt coin? I myself put most of my profit into Worldcoins and it's upcoming payment center, Scharmbeck. What do you all think?
I look at the bitcoin chart and see that it is up 291% in the last 30 days! 20% swings in a day are the norm. What kind of stabilization is that? In one month BTC could be $200 or $5000, alts could swing even more. You have to be crazy to trade alt coins, but that's why we are all here! |
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It is consistently the most traded coin on Cryptsy by a long way.
QRK/BTC Quark 722 BTC 0.00012645 0.00014230 0.00010000
LTC/BTC LiteCoin 394 BTC 0.03624898 0.03821000 0.03499999
WDC/BTC WorldCoin 242 BTC 0.00070418 0.00075030 0.00059999
MEC/BTC MegaCoin 166 BTC 0.00165704 0.00183450 0.00127000
SBC/BTC StableCoin 140 BTC 0.00036772 0.00052500 0.00026000
PPC/BTC PPCoin 50.1 BTC 0.00531000 0.00590028 0.00500000
NMC/BTC NameCoin 40.9 BTC 0.00820901 0.00886000 0.00805007
TAG/BTC TagCoin 25.0 BTC 0.00220002 0.00260000 0.00164001
CGB/BTC CBullion 22.5 BTC 0.00422018 0.00527851 0.00415404
SRC/BTC SecureCoin 17.6 BTC 0.00194400 0.00239840 0.00125000
Points/BTC CrPoints 7.24 BTC 0.00144963 0.00200195 0.00125000
GLX/BTC Galaxycoin 1.53 BTC 0.00000467 0.00000575 0.00000400
I would seem to make sense for another platform to allow trading too. Megacoin and Stablecoin need platforms too. Sharmbeck should sort out WDCs problem.
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Doesn't sound like a security hole, rather a fault allowing withdrawls greater than the balance...
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somewhere back in the middle of this monster thread, someone had an optimised miner for AMD bulldozer processors, they were supposed to get about 2mh/s, which is pretty good.
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Face it, this should happen. The rich get ever richer and screw over the poor. The poor are paying for the failures of the banks whilst the rich earn ever more. They will tell us to be outraged, but why do we care if they take 25% of all wealth of everyone with over 5 million? It would only be a benefit to the masses, the 99% fight back!
Imagine, an end to austerity, national debts back to normal, lower taxes and it won't hurt anyone. Sounds good to me.
I can see the argument. If you do it to 1 country though, wouldn't that just like destroy that country's economic situation. It should probably be global vs. 1 country only. Not sure I'm in favor of it though, just saying should be global vs. 1 country. I think the logistics of this are impossible though, currently. I don't think it will happen, it is much easier to print money until the system collapses, but I think it should. If one country did it, the rich would leave that country (stupidly, as that country would have already acted and not need to again). I expect that if it worked, other countries would follow, but probably with less sucess as people would have hidden their money much better after the first grab. Thinking about it, the country that moves first would be the most sucessful... |
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Face it, this should happen. The rich get ever richer and screw over the poor. The poor are paying for the failures of the banks whilst the rich earn ever more. They will tell us to be outraged, but why do we care if they take 25% of all wealth of everyone with over 5 million? It would only be a benefit to the masses, the 99% fight back!
Imagine, an end to austerity, national debts back to normal, lower taxes and it won't hurt anyone. Sounds good to me.
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but this happened on the back of news... can technical analysis really predict news?!
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I see it more as that Bitcoin has been legitimised in China.
All private persons can trade in Bitcoin and they will educate the populus on how best to invest... good news!
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well Governments could certainly make it difficult for bitcoin if they wanted, but the statement today seemed fairly neutral.
I wasn't expecting them to say, buy buy buy!
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WTF is going on with bitcoin?? What happened to the crazy roller coaster ride where one morning I wake up it went down 30%.... the next morning it goes up 70%, and the next day another 30% increase... it used to feel so awesome. Now BTC is just floating around $1000 even with all the hype and more media coverage than ever. Every morning I look at the charts and get disappointed. Hell I would even prefer it to go down below $1000 lot so I can buy more.
I came in for the high risk / high reward (and i understand BTC's potential), did not expect it to stabilize at $1000/btc. This is boring as f*ck seriously. No I'm not gonna invest in ALT coins.
Can you not just gamble your money on something? Horse racing sounds perfect foy you, lasts a minute or 2 and market will swing massively! |
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ATH tonight?
Looking very likely, hopefully we can kick through $1300! |
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But he said he is shutting down 2-3 months the first time now he says anyone who is inactive for 2 months will lose everything on there account.
And of course he told everyone to get all their coins off the exchange but to keep there MCXfees or sell them.
Won't people who left their fees there because he said they be safe lose all of them if they don't check the site for 2-3 months while they believe it is down?
Do you see what I'm getting at he said leave for 2-3 months now if your inactive for 2 months you lose everything.
That sounds like something he would do. Then he would say that it is your fault for not reading the terms and you are an idiot that deserves to lose your money. But if you want to risk it, go for it. |
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