This is related to the price of btc how?
Well 2 years ago it was the sort of thing that might have moved the price - now - not so much. It's also economics related - and speculative... but hey.. mods will mod... and so the thread moved. This just came to mind: It would be a really good trolling opportunity to come up with a thread which hazek and Bliz bounce at each other because they think it doesn't belong their forum. Too bad hazek isn't here right now.  |
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This is related to the price of btc how?
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As of a lack of X is the new Y threads, I give you.
I don't see any particular reason of why the bear market should end, There is still profit taking to be done people.
See you below 50.
Whx do xou think that?, if anxthing i see an upward trend coming while goy's still facing withdrawal problems. The biggest rallies are in bear markets. I already gave you the reason, profit taking. Whatever the rate mtgox is allowing to flow out it's gonna be maxed out by the FUD alone as long as the majority is still in the plus. At the same time, the longer it lasts the less money gonna flow in. Speculators wouldn't use gox since they don't know if they can get their profits out and investors (those who would withdraw their Bitcoins) are flocking to other exchanges because of cheaper prices. |
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Thinking that the "public" has gotten into bitcoin in any manner is laughable. The public is into bitcoin when you can buy Casascius coins on the shopping network.
Too bad Bruce Wagner has been ousted, he would have been the ideal man for the job. Also can someone quote me so that byronbb can see it?  |
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I'll just leave this here:  Despair when translated into Bitcoin is price stability. Thinking Bitcoin is an exception and needs "translation" is Denial. |
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new memes are already coming: "bitcoin and PMs are complementary" for example.
hahaha or this? first they ignore you, then they laugh at you, then they shove you into the fountain, and then mom won't let you in the car because you're dripping wet so you have to strip down to your tighty whities in public again  |
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Adam switches camps too early historically.
As for the whales, well they need keep the bids nice and healthy in order to survive.
I'd say let the gox issue play itself out and see a high volume move then we can talk about market reversal.
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your sure its not the bear trap of in the institutional investor stage?
Almost. I've seen two teenagers watching the Bitcoin price on their phones while waiting for the tram the day the bubble popped. I think that is sufficiently "Public" don't you say? |
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As of a lack of X is the new Y threads, I give you.
I don't see any particular reason of why the bear market should end, There is still profit taking to be done people.
See you below 50.
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There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it: You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there. Rinse & repeat & accumulate. But you have to sell the tops at Gox and you won't be able to cash out before Christmas. lol There is bound to be a catch... |
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There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it: You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there. Rinse & repeat & accumulate. |
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So how do you interpret that? Other than mtgox becoming filthy rich?
It tells me that the halving does matter. And it matters more than our neurology is able to easily grasp. You know what they say about correlation with a sample size of one? |
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So how do you interpret that? Other than mtgox becoming filthy rich?
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The gox exodus doesn't explain the strong buying happening on bitstamp. Someone wants coins really bad there and I highly doubt this to be arbitrageurs as the risk seems too high for their fiat stuck on gox.
It's called delayed arbitrage. Since gox still has the highest volume the other exchanges are following it. It's a pretty riskless profiting opportunity to just buy after a certain amount of coins have been bought on gox. You don't have to wire money just sell at a little gain and repeat. ok, but if you sell again you in fact didn't buy anything on bitstamp, and still the price follows gox. The one buying from you does support a higher price on stamp. Someone in the end really wants those coins on bitstamp too and is supporting the price to go up, right? Well the if you keep the gain in Bitcoins then price will end up higher after it. So in a way it depends on the sediment, but since the price of gox pretty much drives sediment we end up with this. Also the most gain from this strategy (but also the most risky) is to send the profits in Bitcoins to gox. |
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The gox exodus doesn't explain the strong buying happening on bitstamp. Someone wants coins really bad there and I highly doubt this to be arbitrageurs as the risk seems too high for their fiat stuck on gox.
It's called delayed arbitrage. Since gox still has the highest volume the other exchanges are following it. It's a pretty riskless profiting opportunity to just buy after a certain amount of coins have been bought on gox. You don't have to wire money just sell at a little gain and repeat. |
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Goat srsly take a break.
It's obvious that you are on edge because of recent events and the more sociopathic parts of this community are praying on that.
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I think we will see levels much higher than that before the next halving. The ATH for this halving has yet to be priced in.
That's silly, cuz it's a relative term. You said it yourself, there isn't any natural equilibrium where the price should be. |
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I respect Killhamster more than 99% of the people on this board and what he provided is magnitudes more solid than what you came up with.
Just because the site has a humorous touch doesn't change the facts it presents. You on the other hand are just pointing fingers.
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3 years is far out. What will a dollar buy in 3 years? I'd say this has more to do with dollar value than block reward.
In order for that to be true annual inflation would have to be around 25%. So no. |
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