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321  Economy / Speculation / Re: Another slump, do you buy BTC at the bottom this time? on: February 01, 2018, 05:23:46 PM
I dont think we'll see 100% gain in 6 months this time around, too much new money coming into bitcoin has been frightened off for good after the plunge from $20k to under $9k.

Where is the additional capital going to come from to drive the price from $9k to $18k within 6 months?
322  Economy / Speculation / Re: What happens if there is not enough money to pay people on: February 01, 2018, 05:09:32 PM
Obviously your bitcoin will continue to drop to a price where people are willing to buy them again
323  Economy / Speculation / Re: Brace yourself, attack at the 9230 low is here! on: February 01, 2018, 05:04:59 PM
On the brighter side of things, we can grab some cheap BTC and we don't need those weak hands.  Cool

Exactly. Great price to buy some more. Besides this dip was to be expected and it IS BECAUSE OF CHRISTMAS!!!

Christmas is done, we are now going into Feb.

A drop from $20k to $9k is not because people spent too much on presents!
324  Economy / Speculation / Re: Bitcoin's "long-term" pattern of recovering from dips is over on: February 01, 2018, 04:50:30 PM
Oh well we can always go back to stashing fiat and watching our stash erode away through inflation and microscopic interest rates.

Whatever you do have fun along the way.  Grin

Or start putting your bitcoin profits into gold and silver like I have.
325  Other / Politics & Society / Re: Electric Cars - The future ? on: February 01, 2018, 04:43:27 PM
electric cars is the best way to minimize pollution in our country and most of all in our mother earth.
less noice  and it can help to maintain clean atmosphere.

So if everyone went electric how many additional powers stations would be required?

Would they be nuclear, coal?

Electric vehicles cause the same pollution they just push it further up the energy production chain.

Also is there enough lithium etc. produced for all the required battery packs?  

If the demand suddenly increases exponentially due to electric vehicles then electricity price will increase.
326  Economy / Speculation / Re: Brace yourself, attack at the 9230 low is here! on: February 01, 2018, 04:38:04 PM
Now $8930

down we go
327  Bitcoin / Bitcoin Discussion / Re: Bitfinex just been subpoenaed by US regulators over tether on: January 30, 2018, 10:36:15 PM
So finally the FUD succeeded well played @bloomberg. Well, thanks to those who tried to spread awareness to as many as possible. Just found this article, good job guys.
https://coingape.com/cryptocurrency-prices-fall-amid-bloombergs-update-about-tether/

That article is not well written at all with no counter argument other than

"Please do not panic and just because you’re reading from an enough old and reputed media channel does not mean it is true."

Their line does not even make sense.

I think most people are in agreement that something is not sitting right with tether we just have to sit back and see how it plays out.
328  Bitcoin / Bitcoin Discussion / Re: Bitfinex just been subpoenaed by US regulators over tether on: January 30, 2018, 09:02:07 PM
Hard to produce up to $2.3 billion to back fill a gap overnight to satisfy an audit though.
329  Bitcoin / Bitcoin Discussion / Re: Bitfinex just been subpoenaed by US regulators over tether on: January 30, 2018, 08:43:01 PM
It may have been sent on Dec 6th but it hasnt been public knowledge until now.

Also the legal wheels turn slowly, the outcome doesn't happen overnight.
330  Bitcoin / Bitcoin Discussion / Re: Bitfinex just been subpoenaed by US regulators over tether on: January 30, 2018, 07:44:52 PM
Quote
Tether has yet to verify that it holds $2.3 billion in reserve

Think they have the cash to back their claims  Roll Eyes
331  Bitcoin / Bitcoin Discussion / Bitfinex just been subpoenaed by US regulators over tether on: January 30, 2018, 07:35:11 PM
Wait until the regulators crack the lid on the exchanges and start doing some audits.

The shit is about to hit the fan:

https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc
332  Economy / Speculation / Re: Is this new crash very bad on: January 30, 2018, 07:30:55 PM
The current price crash is due to Bitfinex being subpoena'd by US regulators over Tether.

Wait until they lift the lid on exchanges and start doing some audits, the shit is about to hit the fan.
333  Economy / Economics / Re: Bitcoin has defeated gold on: January 28, 2018, 01:27:34 PM
of course bitcoin has defeated the gold in the business market. The rate of generation rate of money of the bitcoin is high then gold in a specified time. The user of the bitcoin are so many time of the gold. Gold user are limited while bitcoin user are unlimited and growing day by day.
For me i think there is no comparision of both. Although gold stability will be better to compare real products you see in daily life but bitcoin is best stock in the world according to me because price value of it. We need to check the ounce of gold rare with bitcoin. It's value is more than a ounce of gold now. I suggest you to invest on btc to see the better profit than gold.

Why is an oz of gold directly comparable to 1 bitcoin?

Why not a grain, gram, oz, troy oz. tael, tola, kg or tonne?
334  Economy / Speculation / Re: The fun's over. on: January 27, 2018, 10:25:32 PM
All these bitcoin moon tards really get on your tits after a while.

They buy a fraction of bitcoin and overnight become investment gurus with a crystal ball telling anyone that will listen to buy now or regret it.

When the price bombs we get the HODL buy the dip crowd circle jerking each other.

335  Economy / Economics / Re: Bitcoin has defeated gold on: January 27, 2018, 10:22:04 PM
   I agree that bitcoin defeat gold.Because bitcoin now has great price and its increasing everyday while gold its increasing so slow and a tiny increase price not like bitcoin huge price increase.i think if you lucky bitcoin will increase 500$ in a week or day

So what about the people that purchased bitcoin at nearly $20k?

336  Economy / Currency exchange / Re: Will We Ever Get Any TRULY Decentralized Exchanges??? on: January 21, 2018, 11:02:18 PM
Check out barterdex by SuperNET, decentralised utilising atomic swaps.
337  Economy / Economics / Re: Bitcoin or gold? on: January 21, 2018, 09:42:50 AM
Without reading the entire thread, I would guess most prefer BTC as it is decentralized.

Gold has been 'managed' by the big worldwide banks as it is a threat to the US Dollar and other currencies.

I speculate that the libertarians that have invested in Gold/Silver will be rolling out of their positions as the price rises. What to do with the proceeds? -> Cryptos...

Why do you think bitcoin is not manipulated?

Considering Bitcoin marketcap is a tiny fraction of golds they could do it with pocket change + how can you say bitcoin is decentralized when 4% of users control 95% of Bitcoin.

https://www.zerohedge.com/news/2017-09-19/cryptocurrency-concentration-just-4-own-over-95-bitcoin
338  Economy / Auctions / Re: Advertise on this forum - Round 233 on: January 19, 2018, 08:11:42 AM
1 @ 0.03


I think you can't bid less that the person before you.
That would make no sense Roll Eyes Roll Eyes

Also newbie bids are not accepted as it states in the rules.
339  Bitcoin / Bitcoin Discussion / Re: Bitcoin fall to $8,500 is to buy Gold on: January 17, 2018, 09:57:43 PM
For me its not necessary to buy bitcoingold because even all altcoins now is affected and goes down,and i thinks the reason of this is the korean bitcoiner panic selling all there bitcoin and altcoins asset due to the statement of government  in south korea to totally ban bitcoin in there country while the finance prime minister  also announce to ban also digital currency in there country.

The discussion is about the gold metal not the altcoin.

But I suppose your not interested in the content of a thread just getting those posts written for the sig campaign.
340  Bitcoin / Bitcoin Discussion / Re: Bitcoin fall to $8,500 is to buy Gold on: January 17, 2018, 08:32:07 PM
Just got some information/news that people are selling $100,000 in Bitcoins to buy gold. The money they are getting by selling Bitcoins is used to buy Gold

Gold is the safest investment. See the link

You advice makes me want to puke.

This forum should have "ban immediately" button.

Why, its a fact.

The fact you don't like it doesn't make it ban worthy
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