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Very interesting thanks, I don't know what to do with the informations but it was an entertaining read and I feel it is useful somehow
It makes me think of the fact that we are all breathing everyday atoms that were breath by Julius Caesars 2000years ago
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Here's a better question. Why did it rise 100$'s in the past few months? The answer to that, most people claim, is 'because China'.
Now there are 'rumours' that PBOC is going to try and close Mainland-based crypto exchanges by getting rid of their bank accounts. Rumours have circulated about this kind of action before, but officials later denied them. However, this time - no denial. It is also widely expected to be true, and is certainly believable.
'So what? Bitcoin is decentralised, that's the whole point! China can't just ban it!'
This might be true in places like Europe. But China is different, and there are a number of differences. Some are easier to quantify than others. I live in Hongkong, and work with a lot of Chinese (that is, mainland Chinese) people.
Some differences that are easy to talk about are in the exchanges and businesses based in China. The Chinese RMB is not fully convertible, you'll struggle to hedge against it and if you wanted to expose yourself to even a relatively small amount (in finance terms) you may find you simply cannot. Take a look at the usual derivatives, and see if you can expose yourself to more than a few million RMB. So having a local bank account, and being a true local company, is important in China financially, which is why the news that the powers-that-be in China closing/forbidding exchanges having bank accounts is much bigger news than it would be elsewhere. Linked to this is the long list of rules and regulations (many unwritten) associated with doing business in China. It's just not the same as it is elsewhere, you can't just get round rules so easily there. It is a hard place to do business, if the officials don't want you do business then it becomes very very hard.
Also, many of the differences are in the way people make decisions. China is much more immature than the west when it comes to trust (generally, but especially online transactions). Online shopping is rare for expensive items besides one or two large retailers. Unlike in Europe, there is much less recourse for a transaction going bad if you buy from a little known seller online. If there are no local exchanges, that will have a significant impact on how Chinese people view the currency and how willing they are to be involved with it. The internet maybe global but the Chinese internet is quite self-contained.
On the other hand, what kind of people in China want to keep assets in bitcoin? Speculators? Or people who want to hide assets? This goes back to the first line of my reply, why did it rise so much and if people are correct in claiming 'China' then who in China and why. Answer that and you will have a better understanding of why it has fallen as much as it has, why it hasn't fallen more and how much further it has to fall.
It is a very interesting post, thank you for your insight on China There is a lot of emotion in the market and I think BTC is oversold because 480USD is only twice the price of 11months when so many businesses are accepting Bitcoin and so many are starting to save a little bit in BTC compared to a year ago but the main reason it is oversold is that the US and Europe are monetizing their date which will create massive inflation, huge losses for people saving in fiat so Bitcoin will look that much more appealing to everyone, especially when the financial sector and the whole economy will suffer from the Central bankers actions |
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You are asking about our Bitcoin related websites I guess, I am mostly on Bitcointalk, you get to know all the other websites from this one
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Here comes the big crash, followed by the big climb. At least... I sure ****ing hope so!  I am amazed as how everyone in this post is just thinking about the big spike up in price that will follow the crash Let's see how low we go first and if this crash is announcing a bad news that people in the know are selling |
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CryptoMETH me plait bien lol
Voilà la seule qui à un intérêt, celui de résumer le désintérêt de toutes les autres : http://youtu.be/1eU2INYe4gkHaha ça résume bien le business plan de certains alt coins Je pense qu'il y a tellement d'alt coins crées qu'on verra vraiment un altcoin nommé OverKillcoin d'ici la fin de l'année  Moi j'ai LTC RIPPLE DOGE ET EMUCOIN |
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I try to see the other comments first.
999dice seemed legit when I play but I've never withdraw from this site
I played a very small amount and withdrew with a profit, I won't play on it anymore because of all the warnings; it's Bitcoin : if there is no warnings beware but if there are a lot of warnings you should not even think about it It is not like there are no other cool btc casinos around |
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477USD on btc-e I am thinking of selling some for the first time but I won't do it that would be panic selling and I don't want to miss a spike up in pirce
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and more. you stop the game now, i'm out of your game. i have two payments to come, i will loose all the 13 investments that i did in your game, so i will not reinvest in your game when you quit after 4 days and 40 deposits after....
it's just not serious
If the game slows down 125BTCponzi will stop it but there has been 2deposits so there will be a payout and we will see I don't understand how you could have lost 13deposits when there are only a handful awaiting payment I have been playing ponzis for a month and I have been losing, I am not good at this game, the only one I didn't lose is http://ponzimatic.net/ that has a new round in 17hours where I am even |
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It is too bad that nobody can invest in PD, was it possible before?
No it is still not currently possible to invest into PD. If you want somewhere to invest JD would be the best option at the moment. I'm not too sure if Stunna has plans to implement investment options at the moment - you'd have to ask him yourself. I'm only comfortable keeping the site up if I can insure/back all deposits/balances with my own personal funds. Not interested in that level of risk for both myself and PD users. Ok, it is more interesting to insure and back deposits and bets with your money if you have enough which you do We are all waiting for PD3  even if I am advertising RGC that I tried last week |
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paying the last depositors was something to implement on the next round not this one
having a new round make things start fresh, if we have a promotion or some big advertisement on this round i will deposit again
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After every crash there is rise. It is bitcoin history. WE can expect $1000 with in one year.
The question is how low will we go and when the rise will arrive We may see a few thousands USD this year if we get the correct set of events, data and sentiment but we may go down a lot more before we can put this downtrend behind us, it feels we are still right in the middle of it |
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you hold on to something that it's not real.... the 'master' of the game will do a deposit just after you so that you wont get payed because he was the last, not you... it's him who makes 200% in the last move, not you.
the last guy is the guy that don't get payed....
that's the true!!!!!
125, just made a deposit that allows you to pay two people...
you start again after payment and i will be the fist investor
i am talking about last 2 or 3 paid 120% not 200% and if OP deposits twice to be the last depositing it will trigger a payout so it is good and somebody will deposit after him because he can be the last depositor, you have no risks if you have some pending deposits : you can get paid by being the last depositor or your deposit + the ones after you will trigger payouts no system is perfect |
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We go down again Last price 483USD on btc-eJust checked my Virwox transaction history. I bought my first Bitcoin on March 29th 2013.
March 31st 2013. Downloaded qt, tapped some faucets, forgot about it, remembered in late may, saw the price spike  It doubled between end of March and end of May but you could have sell at x3.5 in the beginning of May, you must not have get your hands on many btc in March 2013 with faucets though... |
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i don't agree at all with the last payment has 150%
that is the best way to lose your money. the guy from the system he tell you that if you're the last you get payed, but he controls the system and he will make a payment from the game's wallet into the game just after you so that you lose your money 'fair and square'...
dubious.....
you will never be the last...
It is better if last 2 or last 3 get paid if there is not deposit for x hours because you are not afraid to deposit last |
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i am waiting for you guys to reinvest, i have 3 bets of the 5 there.
as long as i haven't been payd i will not reinvest.
come on guys, lets get this party re-started.
i'm waiting on you guys 2 nights now.....
without payment there's no inv estment....
125BTC you can pay 2 people now, you have enough to pay the next in line, so...
He is probably sleeping You will get a payment but 0.06 is not enough for 2 payments of 0.036...you can deposit 0.012 to get 2 payments or wait for next round and get some profit |
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it's a fake breakout, especially at this time of day/week, it's lost momentum.
resuming long, risk is temporarily over. happy to make a penny out of the drop.
looking to short on a break of 465 however.
At 465 people will find a reason to panic sell to 420. At 420 someone will dump 2k coins and everybody will panic sell to 350. At 350 people figure there are cheap coins at 266 and will sell to get there. Reaching 266 total panic will break out and we will drop to 180. holly molly i bought too early... At least you should now that it's going to be 180$ before Friday has this been confirmed? From many sources including Reddit It has been going down for 2 months and we will test the lows 489$ on btc-e atm https://www.youtube.com/watch?v=pOBujrezJVE |
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You probably make around 100BTC/month net from your fees so may not "need" to run away and create more troubles to yourself..
Exactly, lucky guy heh Lucky is the guy who wins 100 BTC. Dooglus is the guy who EARNS his BTC It is a nice amount to earn every month and the website has a good selling value, 25,000BTC would be a reasonable amount to buy it Dooglus you set up just-dice by yourself or are you a group? What happen to the bankroll if you sell the website? Can you disclose if you are invested in the bankroll yourself? How much? |
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It is too bad that nobody can invest in PD, was it possible before?
No it is still not currently possible to invest into PD. If you want somewhere to invest JD would be the best option at the moment. I'm not too sure if Stunna has plans to implement investment options at the moment - you'd have to ask him yourself. PD probably has a fat bankroll now since they probably won around 3500BTC-costs I don't invest in gambling sites bc it is illegal in my jurisdiction |
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OP does not have a good track record with predictions/speculation.
Better luck next time.
btc @490 on btc-e; don't you like it when people find old predictions and show that is not what happened? If they don't re-start BTC withdrawals within a few days i'll eat my hat.
So when are you going to post the YouTube link showing you eating your hat? let's see if he will If they don't re-start BTC withdrawals within a few days i'll eat my hat.
So when are you going to post the YouTube link showing you eating your hat? How to Eat Your Hat http://www.youtube.com/watch?v=reWpZHiDQVcis that you on the vid? |
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Indeed, there's nothing at all telling us it'll rise again, other than the members of this forum.
And fundamentals : new businesses accepting btc, adoption growing, finance sector that will collapse in the USA and Europe, fiat currencies that will be inflated to dea.th, I am not the one saying that last one, Yellen and Draghi told us they want more inflation and that they will monetize the debt New businesses accepting btc etc is nothing you can control, therefore it's nothing that's telling us the price will rise again. I can't control it but I can see new businesses accepting btc everyday + people getting to know what btc is and Bitcoin being more mature so more trustworthy Indeed, there's nothing at all telling us it'll rise again, other than the members of this forum.
And fundamentals : new businesses accepting btc, adoption growing, finance sector that will collapse in the USA and Europe, fiat currencies that will be inflated to dea.th, I am not the one saying that last one, Yellen and Draghi told us they want more inflation and that they will monetize the debt And most people might be thinking that current price is overvalued as fuck, and it might go down to 100$. Anyone, you can say whatever you want, it won't be true unless it becomes true. Bitcoin price is unpredictable. And will stay that way It has been mostly going up from the beginning, it is not the first crash nor the last |
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