http://bitcoinpricelive.com/twitter-starts-accepting-bitcoins/i didn't get this before. In recent months Twitter CEO Dick Costolo had defended his company against accusations that Twitter is not mainstream. It will remain to be seen if Bitcoin payments will be the winning ticket for Twitter. twitter wants to get more mainstream with bitcoin ?  Does not look real Also Mike Gupta is no longer the CFO (now senior vice president of strategic investments) |
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No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week. Would poking him with a pointy stick make him change his mind? Or monkey hookers and cocaine? EDIT: Gold has a rocket up its arse and the dow is back on course with its plummet, should be a push up but I'm not about to doubt the monkeys wisdom. Gold has been bouncing off the $1200 mark for past year and a half or so.... last time it went this low (it hit $1208.xx) was in July 2010, support seems strong enough at $1200 for a bounce off here ($1221 a moment ago) if it continues this will be its third bounce off of $1200, remains to be seen if it manages to break $1400 this time around... It seems like its caught by the balls but I've a feeling something big is happening at the mo. The ESF isn't the only one pushing markets around, there's an economic war being fought on them and I think the drop after the US found an excuse to drop bombs on Syria may have been an escalation. In that regard Bitcoin is a bomb ready to go off any time, its another chink in the dollars world reserve armour. Indeed, Gold is overdue a big move to the upside and it will come eventually, and is being pushed around at the moment and as you say not just the ESF, but it has got to give eventually, been a lot of accumulating going on past few years at a state level, looks like some players are considering a return to a partial gold standard and a basket of currencies taking the place of the dollar as world reserve. I think you are right, BTC could play a role in this as the currency wars continue to pan out, gold already is already fully in play, as is the printing press of course. If the perfect storm occurs the next proper move to the upside, when the time is right will surely take gold up past $1800 and on towards $3000+. What if the state level accumulation was primarily short covering? In Chinas case I do not think that is what is habbenang... sure some of the buying and this rally (and the previous few) did have a bump from shorts being covered, but China is looking like it may make a move to float the yuan and make it partially tied to gold, and they have been buying accordingly, other nations from Europe to the middle east have also been making noises. With the trillion dollars being printed a year by the US at the moment it is musical chairs time.... China is looking forward to what happens when the music stops. China still holds trillions of US treasuries, no? Yup... more than they want I am sure... it is musical chairs time, and China (and everyone else) know they cannot divest too much nor too rapidly nor in too public a manner, at least not without this panning out more and not without having all their ducks in a row. Though you can be sure that they are serious about floating the yuan and they are serious about pegging it to gold and they are also along with the rest of the world looking at the printing press churning away, with dismay. Those treasuries will not just bid for themselves for ever.. an at some point the cows come home, and there will be a knock on effect = high yields of the bonds... how high can they go before they are too high? and the game is kaput? unpayable? haircut? default? total loss of confidence in the bonds? failed auctions? Musical chairs... |
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No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week. Would poking him with a pointy stick make him change his mind? Or monkey hookers and cocaine? EDIT: Gold has a rocket up its arse and the dow is back on course with its plummet, should be a push up but I'm not about to doubt the monkeys wisdom. Gold has been bouncing off the $1200 mark for past year and a half or so.... last time it went this low (it hit $1208.xx) was in July 2010, support seems strong enough at $1200 for a bounce off here ($1221 a moment ago) if it continues this will be its third bounce off of $1200, remains to be seen if it manages to break $1400 this time around... It seems like its caught by the balls but I've a feeling something big is happening at the mo. The ESF isn't the only one pushing markets around, there's an economic war being fought on them and I think the drop after the US found an excuse to drop bombs on Syria may have been an escalation. In that regard Bitcoin is a bomb ready to go off any time, its another chink in the dollars world reserve armour. Indeed, Gold is overdue a big move to the upside and it will come eventually, and is being pushed around at the moment and as you say not just the ESF, but it has got to give eventually, been a lot of accumulating going on past few years at a state level, looks like some players are considering a return to a partial gold standard and a basket of currencies taking the place of the dollar as world reserve. I think you are right, BTC could play a role in this as the currency wars continue to pan out, gold already is already fully in play, as is the printing press of course. If the perfect storm occurs the next proper move to the upside, when the time is right will surely take gold up past $1800 and on towards $3000+. What if the state level accumulation was primarily short covering? In Chinas case I do not think that is what is habbenang... sure some of the buying and this rally (and the previous few) did have a bump from shorts being covered, but China is looking like it may make a move to float the yuan and make it partially tied to gold, and they have been buying accordingly, other nations from Europe to the middle east have also been making noises. With the trillion dollars being printed a year by the US at the moment it is musical chairs time.... China is looking forward to what happens when the music stops. |
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No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week. Would poking him with a pointy stick make him change his mind? Or monkey hookers and cocaine? EDIT: Gold has a rocket up its arse and the dow is back on course with its plummet, should be a push up but I'm not about to doubt the monkeys wisdom. Gold has been bouncing off the $1200 mark for past year and a half or so.... last time it went this low (it hit $1208.xx) was in July 2010, support seems strong enough at $1200 for a bounce off here ($1221 a moment ago) if it continues this will be its third bounce off of $1200, remains to be seen if it manages to break $1400 this time around... It seems like its caught by the balls but I've a feeling something big is happening at the mo. The ESF isn't the only one pushing markets around, there's an economic war being fought on them and I think the drop after the US found an excuse to drop bombs on Syria may have been an escalation. In that regard Bitcoin is a bomb ready to go off any time, its another chink in the dollars world reserve armour. Indeed, Gold is overdue a big move to the upside and it will come eventually, and is being pushed around at the moment and as you say not just the ESF, but it has got to give eventually, been a lot of accumulating going on past few years at a state level, looks like some players are considering a return to a partial gold standard and a basket of currencies taking the place of the dollar as world reserve. I think you are right, BTC could play a role in this as the currency wars continue to pan out, gold already is already fully in play, as is the printing press of course. If the perfect storm occurs the next proper move to the upside, when the time is right will surely take gold up past $1800 and on towards $3000+. |
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No one has a crystal ball price could do anything up or down.
monkey does. he wants it down for another week. Would poking him with a pointy stick make him change his mind? Or monkey hookers and cocaine? EDIT: Gold has a rocket up its arse and the dow is back on course with its plummet, should be a push up but I'm not about to doubt the monkeys wisdom. Gold has been bouncing off the $1200 mark for past year and a half or so.... last time it went this low (it hit $1208.xx) was in July 2010, support seems strong enough at $1200 for a bounce off here ($1221 a moment ago) if it continues this will be its third bounce off of $1200, remains to be seen if it manages to break $1400 this time around... (I think Gold has got to go nuts at some point) |
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The war on terror is the biggest hoax and deception that mankind has ever experienced. I can guarantee you that. The only thing I'm terrified of is my government. pretty crazy to see stuff like this going on in western countries... sad days ahead as gov't abuse of citizens will surely be on the uptake One of the five eyes (FVEY) just opened a little wider, and did not even try to hide it this time. |
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PayPal acceptance is a game changer
that will add even more selling pressure. remember, every time new merchant jumps in - just sell. I think that PayPal BTC acceptance will have more influence then merchant selling pressure. maybe 2 years ago. now I simply dont care because they are so late to the party. 2 years ago? really? The party has not even started yet..... |
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meanwhile back at the ranch
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Get a room  |
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Really? Sounds lame to me. Also,no one outside of US gives a fuck about WallFart. |
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next wave
New Wave Between this and Monero..... I think I need more coffee....
Any update? Did not have time to check the BCX drama.. Well they have stopped trading on poloniex and are sending coins to cold storage, The dev's have installed checkpoints to try to protect the chain. BCX 72 hours is up in 3 or 4 hours ish... So far nothing, and price bounced back a little bit. |
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Between this and Monero..... I think I need more coffee....
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Come on people, just one spike up and all these shorts will be eating their shorts.
ay caramba! |
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Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?
Oil? 110 to 17 to 139 usd. Jah crude and natural gas , silver, Apple in 07/09 ($26 to $12) and look where they are now or look at Delta Airlines from May 2007 - May 2008 ($21 to $4) and where they are today, or IBM after steady ramping up since '95 then inbetween Oct of 2001 and July 2002 they lost half of their value ($120 to $58) , only to recover, there are many many examples infact. (Exxon, BP, BA- Boeing, GM) |
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