I think merchnats will keep on being added almost daily with a big one every two or three months, I just wish the price would rise to reflect this.
Price probably rises as new money enters the into the btc market as a result of more merchants accepting btc. However, price is only important if you use btc as an investment/speculation. In this case for merchant and the mass public using btc as a currency, the price is irrelevant. Stability is more important. is it? you think the "mass public" is buying BTC to use it as a currency, as opposed to investment/speculation? i find that pretty unlikely. anyway, stability is no matter to merchants because by and large, they process through Bitpay/Coinbase. |
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peaking? i'm more concerned about the next bubble starting. and to be entirely honest, it wouldn't surprise me not to see another bubble for another year or more.
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i suppose you could say bitcoin is like a stock for some of the reasons you mention. but, by definition, it isn't. i mean, who issues bitcoins anyway?  |
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Remember that the prices and trading done at one exchange will affect the trading at other exchanges. If the price in bitfinex goes too far below the prices on other exchanges then people will buy on bitfinex and sell on BTC-e for example, attempting to arbitrage, this would create liquidity on bitfinex and cause prices to fall on other exchanges.
sure, but arbitrage takes time. in this case, you'd have to sell on BTC-E, wire out fiat, wire it into Bitfinex, then buy. that sort of arbitrage is very risky to attempt in a fast-moving market like bitcoin. |
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I think it all comes down to liquidity and depth of markets (which are to an extent driven by trust, quality of APIs and so on too). As an example, I spent $3k on bitcoin on one the other day and moved the market nearly 2% to fill my order. That is unsustainable for customers.
How do you solve this if you are a smaller exchange? I think you need a shared order book with other smaller exchanges; without this, I almost have to go to Bitstamp or Bitfinex every time.
Ease of moving money on and off also high on the list.
even Bitstamp and Bitfinex aren't incredibly liquid. the days of crazy thick Gox books are long gone, and to be honest, i'm beginning to think thin order books are just the new reality. |
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What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.
what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too.  |
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I do face to face trades, meeting people in real life.
Be careful when you do face to face trades. It is very dangerous. Try to it in most crowded area. i wouldn't lay it on too thick -- people are buying/selling on localbitcoins legitimately all the time, every day. but yes, just meet in a Starbucks or something. i mean -- why would you meet anywhere NOT in public? |
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Armory is good for cold storage. i have my cold storage on QT because i haven't touched it in so long, but i prefer Multibit for my desktop hot wallet. Electrum is nice too.
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if I remember correctly, 520~ was filled, and the flash crash happened in the low 600 range; and once trading resumed the price started higher than my order.
yeah, but the flash crash went down to about $100, just like BTCE. you can still see it on the charts if you go back and look at the low of the wick. the price started that high because they halted trading and rolled back orders. |
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well, i do remember the last bubble being preceded by what seemed to be thinner and thinner asks above. everyone said asks would fill in, but.... not so much. wouldn't that be nice. |
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if you want to do other coins trading except bitcoin, btc-e is unique best choice.
i'm not sure about that. BTC-E must have close ties to the devs of the alts on their exchange, because they are mostly dead coins now. no new coins in like a year, since XPM was added. if you want to trade alts, i'd look to poloniex or mintpal. |
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wouldn't you agree, though, that there is some hefty resistance above? it seems every time we try to push into the $630s, $650s, $680s, we keep getting smacked down by sellers. or is that just a lack of buyers?
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then i realized my mistake and using sealswithclubs much better
what do you mean by "using sealswithclubs"? you play poker there? or you do something else, like advertising? i haven't played there in over a year -- are the games good there? have they grown? |
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Signature campaigns pay out really well when you get high-up, but I have to say it's difficult to get anything meaningful as a newbie. Looking at 777coin, however, makes me feel like I could actually earn something whenever...
I think I'll wait till I'm a member though.
Well, you could get something. Some would say "might as well." With 777 you can put in a referral link, so if you reel in a big fish, you get 10% (I think) of the profits. No links as a newbie, but as a junior member...  i notice you have a referral link for 777. if you don't mind me asking, have you had much success with it? i'm trying to gauge whether switching to referrals would be more profitable. |
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Chrome. It's the king of all browsers. TOR when I'm feeling shady.  i don't know about the "king". firefox meets all my needs, and i just never liked the interface of chrome. so i'll stick with firefox, thank you! (LOL at using TOR when feeling shady) |
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Are there even altcoin campaigns other than Coins Source? Ones that actually pay in a currency you can sell on an exchange with good volume?
i haven't seen any. SourceCoin unfortunately doesn't have good volume on any exchange. it is traded on poloniex and was almost de-listed recently, but apparently the dev contacted them and they kept it. |
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make your trading engine to be NOT like Bitstamp's. i don't know how the hell it was coded, but it sometimes matches orders incorrectly apparently, and lags horribly.
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1) referrals from coinad
2) posting shortened links from coinurl
it doesn't bring in a whole lot. but once it's up and running, it's a completely passive income.
interesting. so where do you post these ads and links? do you have a blog/web site, something like that? i'm always interested in passive income. |
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