Is it possible bitstamp is driving the price down to purchase the coins they lost?
NO to "drive" price down they have to buy up a lot of btc and credit people fiat which would be suicide, on top of that it only has like half the volume of Finex or a bit over BTC-E. By the looks of it this is China cashing out big time. Seeing how farms are starting to shut down speculating that it's the mine farm squeeze of 2015. |
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supply/demand
Why buy if supply is willing to dump for cheap, it's not as if bitcoin is going away... so just wait patiently until the bears/trolls have gone home.
It however saddens me that so many people who do not believe in something, have such a sad life that they can get joy out of making fun of others believes. That's just sad.
Welcome Newbies, for an education on trolling, have a look at @JorgeStolfi and @NotLampchop(aka silverspoon) their post history.
If you prefer dull never ending lines of text, go for Jorge's posts.
If you prefer the "Picture Edition", go for NotLambchop's posts.
Greetings
EDIT: CCMF, I'm first on page 10748.
That's the reason why buy. No clear reason for this dump, bitcoin not going away. So if it doesn't die it has to rebound. Buying to lower cost average, think it's rather simple, people been on this ride many many times, smart ones pick up on patterns. Of course non of this applies if you believe that BTC has died once again |
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This is like $1000 but in complete opposite.  In a sense it is. Everything indicates that the Nov/2013 bubble was the opening of the Mainland Chinese market, specifically the Chinese amateur and semi-professional commodity day-traders, through Huobi, OKCoin and other little-known Chinese exchanges. I believe that what we have seen through 2014 and now is those Chinese traders are gradually getting disappointed with bitcoin and dumping the coins that they bought during that rally, which then come back to the "West" through arbitragers. My guess is that those coins included the ~700 kBTC that went missing from MtGOX, and an unknown amount from other sources. Perhaps 1 or 2 million BTC in total. Normally I would expect an exponential decay than slows down with time, as in the Feb/2013 and Apr/2011 bubbles. However, in the last couple of months the decay seems to be linear, or even faster than linear. Perhaps the Chinese speculators are moving their money to the Chinese stock market, which has been booming in recent months. Or BTC farms are getting insolvent and being liquidated causing a domino effect. Guessing hardware providers will be getting squeezed too now |
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what exchanges have a stop loss feature? seems dangerous with whales and a thin market.
Why are people even trading btc? Some people just bought thousands of BTC for under $260. And somebody cashing out huge most likely at a loss |
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Could a good TA expert tell us what the price is going to do?
It'll do the same thing it does every time, trace a pterodactyl  |
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Whoa, BTC-E is taking the lead! :O
Yeah BTC-E has gone full retard |
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blah blah please ignore me
Wow you're the first person on my ignore list due to your very first post CONGRATS! |
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What the hell is happening?
I understand a coordinated anti-terrorism announcement on Bitcoin is imminent. I'm guessing Chinese mining farms are folding liquidating everything in a fire sale |
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So, one of the biggest mining pool stopped mining.
This is actually good news™?
Hell yeah lets see those centralized farms pop. I got popcorn |
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we have stop this "We don't like Ripple it's stupid, GTFO" in our community. We have to start to talk about problems instead of just trying to not talk about anything. The reddit sub is horrible when it comes to talk about controversial things. Umm talking about nipple != discussing problems with BTC |
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As discussed on the 'New forum software' board: I've thought about that before, but I think that there might be legal problems with that. It might make the forum a "money transmitter".
AFAIK Theymos didn't specifically comment about using ChangeTip itself though (to avoid the money transmitter issue) It'd be nice to get a solid answer if there's any truth to the money transmitter theory. But yeah clearly a third party solution would not be effected An internal tipping system could lead to these issues (and others if funds are ever stolen or the forum is hacked etc), but there shouldn't be any issues with adding a third party like ChangeTip especially when YouTube & Reddit etc have them. I would like to see it added if it's not too much hassle or doesn't cause other problems. Am i missing something here? I'd think bitcointalk would be on the forefront of tipping integration on forums
I am sure that this would create a lot of scams.....similar to those that are on reddit. In case you were wondering how the scams work: -user A makes a "good" post/point -user B tips user A a lot of bitcoin for the good post (user A is user B's alt) -user B tips many of his other alts, appearing to be very generous -user C is compelled to tip user B (who is unrelated to user B)
This would also create massive amounts of spam with people asking to be tipped for their shitty posts and people begging others who have been generous in the past This is general debate against micro tipping. Yes that will yield some evils (e.g. more spam, beggers etc...) but i still think that its upside outweighs its downfalls. Micro tipping is one of BTC current practical use cases. If some bad players will try to abuse it is no reason to abandonment. I don't think begging spam would increase much but those posts will be deleted pretty quickly like regular begging requests and persistent beggars banned. I also agree the positives likely outweigh the negatives and would hopefully encourage and reward quality contributions and discussions. Ok i can see the liability issue with holding coins, but yeah seems that consensus is pro some sort of 3rd party solution |
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Assuming that the mining hardware is paid off and have no added overhead than we are at a point that many miners will decide as to the usefulness of continued operations. .
Thank you. So should we expect more bear market until the unprofitable miners are out and the leaner big players are all that remains? Then the next pump? Edit: growing walls on both sides on finex. NO. The supply will continue to be BTC3600 new coins generated daily, which will have to find its demand until halving in 2016. Regardless of hashrate and profitability of miners. |
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Huh  First you tell me i'm not suppose to ask for tips its just happens then assuming that i don't actively encourage it because i don't receive tips, then claiming i'm a Redditor? For the record i'm not. But you seem to have issues following a conversation so go bug someone else ... I've missed the point eh? You're not supposed to ask for tips... it just kinda happens. ... If you think tipping is so great then why aren't you actively encouraging it yourself? If you want everyone to be able to be tipped, then you should start by making yourself tipable here. ... Reddits gay... I could count the number of fucks I care about Reddit on one hand (zero)  If I was a gambling man I'd put money saying the OP is a Redditor. |
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Am i missing something here? I'd think bitcointalk would be on the forefront of tipping integration on forums
You do know you can put your address in your Bitcointalk profile or in your signature. (I notice you don't have yours on either) I don't understand why retards need their hand held sending 16 cents to some other retard. I think the point is so people can publicly show their appreciation. Isn't that what a public block chain and posting a txid is for. People are pushing these services cause they are making these services to skim coins away from people who could do the same damn thing for near free. Rather than educating folks on how to actually use the shit... it's far more profitable to have a dipshit user base who gives it to you for nothing. It's just kinda funny the folks complain about no tip services don't even have a signature or a bitcoin address in their profile. "Why don't I get any tips?! " Hmmmm I wonder... Well you seem to completely miss the point. And if the quote is in regards to me, i'm not asking for any tips, nor do i run ads in my signature as you've noticed. |
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Yeah. Would say that many are mining with loss by now. They simply mine and hold hopping the price will go back up.
That would be silly. It would be better to switch off their equipment and buy bitcoin at that point (and arguably better just to switch off their equipment) Not if you bought your equipment which is a sunk cost. At which point you already down on your investment and just keep running as long as cost of electricity < mined BTC. |
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If btc forum can't integrate user friendly BTC tipping, you really expect other forums adopting it?
No one should... it's a total waste of time, resources and requires addition unneeded trust. Copy, paste and send like normal fucking humans! *pulls hair out* A lot of the Bitcoiners in the lime light sound like fucking Dogecoiners with this tipping shit. Because i think that tipping/micro transactions are actually one of BTC (err crypto currency) use cases that makes sense and where it has no competition. I think BTC forum could be a great proof of concept platform case. I think it's useless to argue how user friendly your solution is for wide adoption. |
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Am i missing something here? I'd think bitcointalk would be on the forefront of tipping integration on forums
I am sure that this would create a lot of scams.....similar to those that are on reddit. In case you were wondering how the scams work: -user A makes a "good" post/point -user B tips user A a lot of bitcoin for the good post (user A is user B's alt) -user B tips many of his other alts, appearing to be very generous -user C is compelled to tip user B (who is unrelated to user B)
This would also create massive amounts of spam with people asking to be tipped for their shitty posts and people begging others who have been generous in the past This is general debate against micro tipping. Yes that will yield some evils (e.g. more spam, beggers etc...) but i still think that its upside outweighs its downfalls. Micro tipping is one of BTC current practical use cases. If some bad players will try to abuse it is no reason to abandonment. I am not really looking for any kind of tip (so please do not interpret this as "begging"), however you are free to tip me on my BTC address that I have in my profile. (this statement was really made to prove a point) Granted this would not be an "off chain" tip that most tipping services use, however it would still get the job done (and it would be somewhat more expensive to spend the bitcoin you send me but it is after all a tip so that doesn't matter) Sure and i could also PM you and ask for your BTC address, internet existed before webbrowsers, and phones before iPhone, but ... I think the point here is a prove of concept and expose is to wide adoption (meaning being user friendly) as much as to encourage quality posts. If btc forum can't integrate user friendly BTC tipping, you really expect other forums adopting it? |
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Huh a quick glimpse shows all Chinese exchanges having bigger ask side than bid, and they're all trailing even behind btc-e  finally the dragon is exiting |
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Am i missing something here? I'd think bitcointalk would be on the forefront of tipping integration on forums
I am sure that this would create a lot of scams.....similar to those that are on reddit. In case you were wondering how the scams work: -user A makes a "good" post/point -user B tips user A a lot of bitcoin for the good post (user A is user B's alt) -user B tips many of his other alts, appearing to be very generous -user C is compelled to tip user B (who is unrelated to user B)
This would also create massive amounts of spam with people asking to be tipped for their shitty posts and people begging others who have been generous in the past This is general debate against micro tipping. Yes that will yield some evils (e.g. more spam, beggers etc...) but i still think that its upside outweighs its downfalls. Micro tipping is one of BTC current practical use cases. If some bad players will try to abuse it is no reason to abandonment. |
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