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3641  Alternate cryptocurrencies / Altcoin Discussion / Re: Does someone at DOGE central know something we don't - Wolong? on: March 05, 2017, 03:34:37 PM
With all the ups and down in the crypto markets DOGE has almost been pegged to ~$22m for ages now.

How come? Is that even possible? BTC latency has affected EVERYTHING except DOGE. It's actually quite hard to pull off such a trick in such a volatile market. I think something is going on.

This is just a theory, but I think someone or some group is keeping DOGE price steady against USD at between $20m-$30m for almost a year now for reasons of stability, for some reason. This actually makes it the most stable crypto around (don't mention TETHER) but I guess in here I may as well be trying to feed you all dogshit.

Nobody here wants stability.

"What do we want?". "PROFIT!!"
"When do we want it?". "NOW!!"

Just a thought...

Ever heard of Wolong?



It is possible that some speculators are using doge to hedge against bitcoin. As for stability - if you want a coin to be used to buy things, then stability is vital. No-one likes spending a coin whose dollar value swings around wildly.
3642  Economy / Speculation / Re: Price of BTC - up about 150% in the past 12 months. Reasons? on: March 05, 2017, 03:24:04 PM
The Halving. Then the withdrawl of cash in India - there was a short surge in demand for bitcoin in India at that point (November 2016). Then the speculators piled in, and they are driving the rise, and seizing on any news to push BTC higher.

At some point though, speculators will take profits, they always do.
3643  Alternate cryptocurrencies / Altcoin Discussion / Re: Dash hits all time high of 44.39 USD, skyrockets 50% in 3 days on: March 02, 2017, 06:10:35 PM
Anything that moves 50% in 3 days is a pump, and noobs should beware (you are being enticed to buy so the pumpers can offload their coins to you at juicy prices).
3644  Economy / Speculation / Re: That's time that's sure : we are in a pump on: March 02, 2017, 05:45:48 PM
I am stunned...I don't even know what to do with my BTC right now.  I want to keep holding, but I could buy so much useless stuff right now for cheap...

...but if I do that, I know the price will shoot even higher....

You can sell a small portion - say equivalent to the $ value when you purchased (eg if you bought 1 BTC at $200, sell $200 worth) and the rest is just a pure bet and you can let it ride.
3645  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins that might survive in the future? on: March 02, 2017, 03:32:53 PM
my picks drop to Monero, ETH, Doge and LTC i think these coin have potential to survive in the future but regarding the price i wish more good rather than now especially for Doge i miss this coin could reach again to 100 satoshi

ETH, Doge and LTC have mainstream recognition (which means at some point the NYTimes or the Guardian has done an article on them). Monero hasn't so far, so I don't think it has the potential to survive (the people seeking anonymity are a very small group).
3646  Economy / Speculation / Re: ATH on all major exchanges!! on: March 02, 2017, 03:22:51 PM
It's all speculation on the ETF that's going to either pass or not on March 11th. It's either going to be a huge day for bitcoins or just another day. Assuming the ETF doesn't pass we can expect a $200 or $300 dip, but if it does pass we'll see steady increases and down the road looking to the future we'll see even more steady increases because of all of the money flowing in.

Expect some profit taking around the 8th/9th of March.

Remember that speculators buy the rumour and then protect their profits just before the news!
3647  Economy / Service Discussion / Re: Hosting companies that accept Bitcoin? on: February 28, 2017, 12:09:08 AM
Namecheap is the biggest domain and hosting provider that accepts bitcoin. Not sure about the other services people have mentioned, do some research as to reliability before doing business with them.
3648  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Faucet - What would you like to see / have? on: February 27, 2017, 10:08:59 PM
How are you going to finance your faucet? As far as I know, Adsense has banned faucets from it's program, so you will have to use lower-paying bitcoin ads, and you need hundreds of thousands of pageviews in order to generate enough profit...
3649  Alternate cryptocurrencies / Altcoin Discussion / Re: I noticed something about Bitcointalk and alts reading old threads as a newbie on: February 27, 2017, 07:15:28 PM
If you are looking for giveaways, then trawl the subreddits for the coins, usually they have a tipbot and tip people coins to try to drum up interest.
3650  Bitcoin / Bitcoin Discussion / Re: Bitcoin was always meant to be used to purchase a cup of coffee or a can of soft on: February 27, 2017, 03:48:06 PM
Afternoon, All.

Just a friendly reminder:

Bitcoin was always meant to be used to purchase a cup of coffee or a can of soft drink or a candy bar:

Quote
It might make sense just to get some in case it catches on.  If
enough people think the same way, that becomes a self fulfilling
prophecy.  Once it gets bootstrapped, there are so many
applications if you could effortlessly pay a few cents to a
website as easily as dropping coins in a vending machine.

metzdowd.com source:  http://www.metzdowd.com/pipermail/cryptography/2009-January/015014.html

Cheers,
Phil

If the transaction fees stay high and the core team still won't do anything about it, this'll soon be fiction again (exaggeration but still...)

Yes, but remember there are always alts that can do the small transaction stuff. It is possible that Bitcoin is MySpace and it will take an alt like Steem or Ether to become Facebook.
3651  Economy / Economics / Re: Is trading just educated guessing? on: February 27, 2017, 01:56:47 PM
I don't think so educated guessing won't let you nowhere but mistakes and losses. That is why people are studying Technical Analysis to improve their skill set when it comes to Trading. What people don't know is that Technical Analysis is the study of the Human Emotions, it has psychology in it which it translates charts to what the traders are trying to say. Whether it is to Buy up or Sell down everything can be translated by using Technical Analysis.

TA doesn't work very well in the bitcoin markets, precisely because the market is small, illiquid and therefore prone to manipulation. TA only works in very big deep markets (like the EUR/USD market where billions change hands every hour).
3652  Alternate cryptocurrencies / Altcoin Discussion / Re: what about altcoin with unlimited potential supply? on: February 27, 2017, 12:11:52 PM
Doge continues dumping, it has no future because it has unlimited total supply, the inflation is the enemy of a currency.

Doge's dollar price is stable. It is falling in bitcoin terms only because bitcoin keeps strengthening against the dollar.
3653  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Charlie Lee just lazy? on: February 27, 2017, 12:09:15 PM
Charlie Lee now works for Coinbase (has been there for several years), and his day job is more important than what happens to Litecoin.
3654  Economy / Speculation / Re: Get ready to BUYDL on: February 27, 2017, 12:00:52 PM
I think there are three ETF's awaiting approval. The first might be rejected but it is possible that the others get approved at a later date.

OR, the SEC could just decide to postpone the decision again, awaiting new developments, such as the resolution of the blocksize situation.
3655  Economy / Speculation / Re: What is the timeframe to get in BTC in the event of ETF approval on: February 25, 2017, 10:51:05 PM

China won't ban bitcoin completely in my opinion as bitcoin has nothing to harm them, regulations about exchanges will be enough for them, moreover Chinese traders are not the major players right now as we told before. The point is, even though bitcoin price fall, people will buy more and more.


So who are the major players?

You think that just cos the USD exchanges are leading at the moment (due to clamp down on CNY exchanges), that it isn't the same forces operating on the USD exchanges, as it is on the Chinese ones?

Bitcoin doesn't do anything that conventional finance can't do just as well, if not better.

.........except for circumnavigating Capital Controls that is. I wonder to players in which major economy, this feature of Bitcoin may be quite appealing?
Japan traders seems lead the market now, https://coinmarketcap.com/exchanges/quoine/
 

You mean Japanese exchanges lead the market right now, because they are providing fee free trading. But there is no telling who the traders are...
3656  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: List of Altcoin Exchanges using CloudFare #Cloudbleed on: February 25, 2017, 06:14:11 PM
Poloniex has put a message up on their site asking people to change their passwords just in case.
3657  Economy / Speculation / Re: Traders Are Cockroches on: February 25, 2017, 05:17:25 PM
Without the speculators (both long and short), there would be no market. There isn't any trade done in bitcoin (the traditional reason for buying or selling a currency), and there is precious little commerce being done in bitcoin either. Speculators are the ones keeping the whole thing going!
3658  Economy / Speculation / Re: What is the timeframe to get in BTC in the event of ETF approval on: February 25, 2017, 03:07:08 PM
I'm pretty sure that some speculators will take profits before the announcement. Like on the 7th or 8th of March.

If the price dips below the $1157 that you sold at, you should be quids in if you buy.
3659  Economy / Speculation / Re: 1139.9 resistance broken, 1142.2 hit (Bitstamp) on: February 23, 2017, 04:44:02 PM
We've hit $1160 two times in Bitstamp, all time high is only 3 dollars away ($1163) we need to hit that to make the graph look pretty, then we can continue growing towards $2000. ETF will sky rocket the price, if it fails, it will dip only a bit, so time to buy more.

Why are you so sure it will only dip a bit if the ETF gets rejected?

IMO the rise in BTC since Dec has been all about the ETF, and if there is no ETF, what reason is there to hold up the price?
3660  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which is the best altcoin exchange? on: February 23, 2017, 04:30:49 PM
Poloniex is the best due to the high volume trading there but they hardly list any new coins so the selection isn't all that great.  Bittrex is my number 2 exchange. 

Volume is more important than the selection of coins. I find Bittrex frustrating, because you can set a sell order, or buy order and it will literally take days to get filled because hardly anyone trades there.
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