Latest posts of: Dalmar

Mainly blackjack and roulette. Because house edge is low compared to other games.

Quote from: pacers101 on January 22, 2017, 10:57:40 PM

my wallet is not syncing. last received block was 3 hours ago and stuck on 6940 blocks downloaded. is this happening for anyone else? is there something I can do?

All ok for me with wallet

Code:

addnode=139.59.228.94
addnode=45.55.83.96

Quote from: smoothie on August 20, 2015, 11:08:28 AM

This thread claims it is a P2P platform.

How is it P2P? Or is the a misleading claim?

Sounds like a centralized exchange.

The lending aspect of Bitfinex is P2P. Other users lending to other users, instead of just Bitfinex providing all the margin.

Quote from: dreamspark on August 19, 2015, 11:55:12 AM

Yes it is, that is exactly a free market.

'Investigating' people and banning them for market participation is not a free market.

I'm guessing you lost money. If so, take it on the chin. Holding and trading bitcoin is a risky business and you knew what you signed up for.

Nope. I was in fiat at the time of the crash.

I simply do not like this type of erratic market manipulation. It is bad for bitcoin's and bitfinex's image.
How will people take bitcoin serious when it still has 100 dollar moves in a day on one of its major exchanges? It's embarrassing to be frank.

That is not a free market.

When one person or a small group of individuals have too much power over the market it distorts the price discovery mechanism.

The fools who dumped so much should be investigated whether they have a history of doing this. If so, they should be banned from Bitfinex.

Bitfinex should investigate who those retards were that caused the dump to 162.

They may have had malicious intend (price manipulation).

Quote from: Alley on July 08, 2015, 03:31:45 PM

It's going to get crazy a couple months before bitcoin halving if litecoin is any indication. I mean litecoin has no infrastructure and no real purpose. I'm shocked at a $6 litecoin.

This dumb coin was worth over $30 at one point, only getting back to $6 is actually not impressive.

Quote from: TerraMaster on July 08, 2015, 03:28:16 PM

With Greece broke and no economy, and Chinas stock market crashing... is this all good or bad for bitcoin? so confusing Roll Eyes

Gold and silver are getting dumped. Bond yields are stable, there is no true fear yet.

Quote from: phoenix1 on June 10, 2015, 05:10:22 PM

Quote from: Dalmar on June 10, 2015, 04:59:51 PM

Bitcoin craze in rural China:

http://video.cnbc.com/gallery/?video=3000387408

Signs of a top? Grin

OUCH! That was painful to watch ...

You were right, couple of weeks later and the top was obviously in when these dumb farmers started speculating in China's stock market (around June 10th).

They got REKKED.

I have relatives in Greece and almost nobody there is thinking about bitcoin. The smart ones already converted their money to US dollars months ago. Only the foolish sheep in Greece still have their money in the local banks.

Bitcoin craze in rural China:

http://video.cnbc.com/gallery/?video=3000387408

Signs of a top? Grin

Quote from: LFC_Bitcoin on May 27, 2015, 12:04:49 PM

The price is barely moving beyond 230-240 for a while now.
I haven't known the price to be this stable in a long time.
Unsure if that's bullish or bearish in the short to medium term.
Thoughts?

Bitcoin often has these low volatility squeezes followed by a break out with high volatility.

Many of them are just BTC bag holders from higher prices who are unwilling to sell.

IIRC they had issues with finding traditional fiat auditing firms willing to do work on a bitcoin exchange.

Quote from: Brewins on May 26, 2015, 01:25:29 PM

Litecoin did worse, falling more than 50%.

Alts are not real currencies. Only BTC somewhat comes close to proper currency status among cryptos.

Quote from: Sukrim on May 26, 2015, 12:41:08 PM

Well, they can use their USD to buy lots of BTC, do a positive crypto-only audit, sell again and keep on running on fractional reserve (if that's what they do, which I don't believe). Unless there is a fiat AND crypto audit at the same time, audits are pretty useless.

Both a fiat & crypto audit would be best, but a crypto-only audit is better than nothing.

A new audit would be nice to get rid of the ''hacked'' FUD.