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Its hardly surprising the situation he's in then if those sort of threats are being made. Why do tiny investors feel they have the right to full disclosure of a three month old company? In the real world a ceo wouldn't address small investors on a personal level so why is it in Bitcoin land this has to be the case?
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The article stated it was the worst investment of 2014. Starting from Jan thats hardly surprising with the huge percentage drop in price. Most holders don't care and the doomsdayers will be panic buying back in as it shoots up.
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BTC-e still higher than Stamp as well.
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There's going to be some serious fallout from the NeoBee situation.
Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.
I don't quite get whats happened over there with NeoBee, can you summarise? |
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What company would want to inject cash into a failure such as gox when they could just open their own with the same sort of money and then build their own reputation.
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Am I missing something? The guidelines have already been published and my accountant briefed  |
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Guys you have to remember the >$1000 price was largely driven by chinese speculators. Bitcoin will have a value no matter what, the minimum of it would be how much it cost to create new bitcoins (through mining), anything higher is artificial/speculative. Of course over time the price of Bitcoin would fundamentally rise due to its nature of limited supply and being increasingly difficult to mine, albeit slowly and perhaps boringly. Speculators just make Bitcoin the roller coaster ride that we're seeing now.
I think(and hope frankly) Bitcoin is stablizing. Those who bought at the current lows may be hoping to see it go up to $1000 again in a few months like how it was last year, but I don't think we're gonna see those kind of crazy rides anymore. After the mania stage that was december last year, the bubble cycle is now complete.
Your wrong and this is what people said about the last bubbles. Its always the end and its always impossible to go for another ATH. The same people who sit around saying bitcoin is dead are the same people who will panic buy on the way back up. Buy high sell low innit... |
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Looks very nice and glad to hear you're pleased with it. Look forward to ours arriving as well.
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Theres a mini rally brewing...
Its remarkable how well LTC has held its value during this downtrend. It usually takes much more of a hit
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There is some decent bid support at the moment, I don't think this is fake as when people have been selling into these mini walls over the last 24 hours they have been refilled. I have some more orders in but even if we go south I can't see it being too much further.
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Are we likely to slowky grind down towards the 15th then or hold until the day and dump on the news ? I feel like most people who are selling on that news have sold already.
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Now, they just need to add XPM/USD and I'll be fine, very fine  BTW, GBP is good idea, there's no taxes at bitcoin trading in Britain, that might bring more people to BTC-e. Their admins are pretty smart guys. Maybe but in general theyre shady to deal with and I wouldn't use it for any significant amounts of any currency or coin. |
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damn what a dumb move closing that short with peanuts for profit.
That wasn't your problem. You did very well there. The problem was that you didn't have enough coins to short because you didn't load up enough below $450. On bfx you can use USD as collateral to short. I actually could have shorted about 8 times more than I did. Didn't know that. I'm still new there. Isn't that like naked short-selling? I mean there still has to be someone willing to lend you the coins in a swap, right? You had to pay a swap cost, I'm assuming. That means if you had a huge pile of coins, you could lend them out without exchange rate risk. Another benefit of having a big stash. The risk isn't any higher than keeping fiat on the exchange. Yes there are a few people I know who keep coins on fenix to use as liquidity swaps. Its not like naked shorting as far as I understand it as when you sell coins you don't have using your USD as collateral Fenix takes those coins that are offered in swaps and then you pay an interest on them so there is no failure to deliver. Im fairly sure there has been points when there was no USD/BTC to lend and therefore unable to take the leverage. |
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Huobi >30$ below Bitstamp.
I guess thatīs bullish isnīt it?
With China effectively dying again, Id much rather them be below Stamp, thats what you would expect. If China isn't leading that can only be a good thing in my eyes. |
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The order books +/- $40 from the current price are far more balanced than they were yesterday. Perhaps some consolidation before the next move. I was glad to receive my deposit in time to buy yesterday and am awaiting the next clear signal to trade again. For now though I'm happy to sit in this area.
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It seems also Ritz that I may get full member status at some point during this months campaign. How does that work with receiving the higher payment?
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Not quite that high but a small rally has been brewing for weeks, even if its a chance to make some profit on $440 dollar coins thats all good with me.
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Through $500 without a spot of resistance.
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To think that no fresh fiat is heading to exchanges is absurd...
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People who sold at the bottom, when will you learn. Bears who sold at $450ish when will you buy back ?
So we've hit a bottom and now we are in a bull market again? $435 was the low that we will never see again? I think that $436 was the low for now, sure we may go back there in the coming weeks but that is a stressful position I would not like to be in! So long term yes there maybe another chance at $440 but Im a day trader so going long at $440 with leverage is the right position, no ? Rather than sitting on a short from $450. |
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