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Depends on the $ value of BTC. IMO, about $10K to $25K in BTC is a lot for the average person in developed/western countries. If they have more than that, they are probably overinvested in bitcoin and not diversified.
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^ Those ''we will never see [insert price]'' posts always fail.  |
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None, haven't hodled in a long time. Manly playing short term bounces and shorts.
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As for verification. Getting verified on bitstamp only took a day for me, while getting verified on btc-e took ages (OKPay constantly rejects all sorts of statements).
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There's no strong gambling culture among the Japanese. They are more rational than the Chinese. |
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IMO, from most likely to least likely (just an educated guess):
1. Huobi
2. Bitfinex
3. OKCoin
4. BTC-e
5. Bitstamp
6. BTCChina
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Insiders already shorted those banks that failed this test. That's the real way to profit from this news.
Bitcoin is totally irrelevant here.
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I sent an email to support a month ago and still haven't gotten any reply. Has anyone else gotten any replies from support?
Got a reply to one sent about a week ago recently. There seems to be a backlog. |
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Ha. 3D MACD going green. Looks like main engines are primed to me. Short away!
The 3D MACD went green on Oct 2011 a couple of weeks before the actual major bottom was hit. |
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Probably some VIP API for whale clients who are running bots. I doubt BTCChina is faking its data, it's the most legit Chinese exchange.
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Those tech stocks can be bought at legit exchanges, while with bitcoin you have to deal with shady Eastern European and Asian exchanges. Nobody is going to send billions to the likes of btc-e and okcoin.
Comparing bitcoin to tech stocks is futile.
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Look at the fiat volumes on bitcoin exchanges, most of the fiat volume came in post-250. A significant portion of bitcoiners are underwater. Hence, all the bearish sentiment. The price has not been steadily rising for most.  |
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That would be idiotic. Why would a country sell their valuable commodities for a speculative digital currency controlled by people who bought it for pennies just a few years ago.
Perhaps if bitcoin was a bit older (over a decade) and more stable it would feasible, but now... no way.
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This algorithm's buy/sell signals look fairly similar to those on the daily ichimoku cloud.
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Your chart is old. It's gotten much worse..  There won't be hyperinflation so long as velocity of money stays at these lows:  |
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its declining because the fed is stopping qe and says its going to increase rates, everyone knows the markets can't stay at these levels if the fed stops printing money.
everyone are starting to dump stocks and sooner or later the fed will have to start an even bigger dose of qe printing which will send the usd into hyperinflation.
now is the time to dump fiat, before everyone else starts running towards the exit.
These arguments were thrown around after QE1 & 2 and the dollar is still around... The feds are not going to crash the system at least until this presidential cycle is over (2016-2017). |
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I expect the pattern from April 2014 to repeat. Major low (275) followed by a +60% pump and then sideways.
275 would be awesome, but I think we will stay above 300 for now. Lots of resistance and not enough selling appetite. History is not a reliable indicator, this time I think the recovery would be slow. I was not suggesting the price will hit 275 again, it already hit the major low target. |
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I lol'ed when he started comparing bitcoin to Obama. Nice capitulation moment.  |
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$275 may have been the bottom as it is the .764 fib retracement level from the entire rally from $2 to $1163.
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