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It's more hyped than anything for this company. I just don't see how they'll succeed on a large scale at this moment. Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped. Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.
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I just don't see how they'll succeed on a large scale at this moment. Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these issue plus China's currency control), they'll constantly be out of reserve or have their money trapped. Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.
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I do use Virtex and liked it, but I am quite concerned as financials were never released, and sounds like they are looking for new capital which will only dilute the thing further. Current valuation is about 1x trading revenue.
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I'm quite surprised the gap between Chinese BTC prices and BTC prices elsewhere is rather low. People must be finding a way of bypassing the capital control.
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Lending offers and credit request somehow are not matching.......
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I don't think that's relevant, there are legitimate losses and defaults, but most believe that the whole CL thing is just a scam.
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It seriously doesn't look good for my btc short position now, looks like I'm going to get busted there heavily. Only some big dump could save me.
I should know better when I saw those big ask walls on Stamp and Bitfinex at 840-850 being eaten in no time. Big mistake.
Tomorrow's Friday, you may get your Friday dump. That's why I went short in first place but it keeps getting further from me so far. Shorted it too fucking early. I've made 3.5k$ shorting btc yesterday but I'm like 4.5-5k in losing position today. Short more! "average up"!  |
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It seriously doesn't look good for my btc short position now, looks like I'm going to get busted there heavily. Only some big dump could save me.
I should know better when I saw those big ask walls on Stamp and Bitfinex at 840-850 being eaten in no time. Big mistake.
Tomorrow's Friday, you may get your Friday dump. |
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I don't get this, Western Union is doing the wire? Ain't u doing it from a bank?
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This is going to be tested very soon...  Do you see the buy orders waiting to be filled ? Good luck Perhaps more buy orders on the way? Starting to look like December could be a very exciting month. cavirtex has so much constraint about money flow. it won't drive a thing, only Canadians interested in arbing will use it. |
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Following balance
gog1:9.80594344
I refused his settlement proposal as I would get only 10% back and consider I deposit those coin post hack, I find that unacceptable. Does accepting coins post hack be classified as a fraud or not.
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why using scrypt is inferior? So you are saying that LTC now being 30 USD is a pure bubble because it doesn't even come close to the miner/developer/user network built around it right?
Of course it is! I don't know of a single thing I would buy with Litecoins at this point in time whereas I do spend Bitcoins on real things quite a bit. Litecoin is a crypto-currency speculative bubble based on the speculative bubble in another crypto-currency. Litecoin is the mother of all bubbles! (yes, I am profiting from it.......so far anyways) Ok, but if you look at the long term, why won't merchants start accepting it like they started accepting bitcoins? Why don't you think ltc is a great buying opportunity for the long term? I don't say you are wrong just trying to understand. Because BTC is already there. Its like saying why don't websites suddenly switch all their HTTPS to port 70. It would be weird and random. Especially considering it uses scrypt making it inferior. |
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this sounds so much like mtgox.
No it doesn't... mtgox has bank troubles, BTC can be transferred anytime. I'm referring to the aspect that they can't even talk about what's going on. |
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$400000 USD!
21000000 BTC 將等於所有黃金!
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this sounds so much like mtgox.
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不能再按照4月,或者11年6月来估算这次底部。 环境已经完全不同: 一,外盘在美国的整治下,全都实名制验证了。黑客大户,不能像以前那样,速战速决的大手笔砸盘,又瞬间消失。 二,现在国盘坚挺,而国外玩家又不容易进来,语言,手机验证等。只在外盘砸,对国盘影响有限。国盘钱多币少,外盘有币但进不来。互相观望 建议,有条件搬砖的玩家,这次辛苦一点,把国外的BTC搬回来,平衡一下差价  這可便宜了香港和奧門人 500 USD 守得很硬 |
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