I can tell you from my experience ...
And I can tell you from experience that whatever you think you know about some canonical market is absolutely inapplicable here. That is nonsense , of course each market is different, but the principle of mean reversion always applies, especially to currencies. It's a random walk with some biases that persist which can be used to predict the x+1 datapoint if you were a HFT trader, or even go into the orderbook and play with the tick data. There are plenty of quant tools available to play with that. In my opinion the bull market is over. And it makes sense fundamentally too. This Chinese ban thing is getting hot and it will have big ramifications in the near future. Umm hmm... and how much you up on Synereo? After how long? And how much of that decision process was 'x+1 datapoint' and or 'tick data'? What do your 'quant tools' tell you about AMP? |
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I'm just gonna skip past the rest of the specious shit you're slinging, and focus on one assertion at a time. Let us start with this one: Bitcoin Unlimited releasing closed source code
Wild-ass assertion devoid of supporting facts. Put up or shut up. |
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I can tell you from my experience ...
And I can tell you from experience that whatever you think you know about some canonical market is absolutely inapplicable here. |
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I probably would not be hanging out with you guys, here in these threads, if I were to have anything approaching 2k in coins...
I'm sure there are a few folks with at least 2k coins posting in this thread... This place beats discussing the latest antics of the Kardashians... |
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Maybe the Japanese will stick a 7mm on a USB stick.
I think the unit you are seeking is a nm - as in 7nm. A nm is one millionth of a mm. Or in today's planar architectures, one trillionth of the area. Rather different scale, that. |
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Hi, BitPay cardholders,
Our prepaid card program issuer Wave Crest Holdings Limited recently announced that it will no longer be issuing or maintaining Visa® Prepaid Cards outside of the territory of Europe.
This unfortunately means that the BitPay Card will no longer be available or usable outside of the countries in the European territory. Existing BitPay Cards and other Visa Prepaid Cards registered to cardholders outside of the territory of Europe will be closed as of 15 October, 2017. NUTS  You Europeans get all the luck, lolling about with your BitPay cards and your dreams. Can anybody in the New World recommend a decent alternative? shift. |
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What's the relevance? No crypto support that I can detect: You can pass in any three characters and it will be treated as a valid currency code.The reason for this is that it allows support for future currencies. For example, Bitcoin can be supported with its currency code 'XBT'. you just twisted my brain into a knot Why? What they are saying is that Bitcoin is currently 'supported' exactly the same way that any three random characters are 'supported'. How usable is that? Zero. Zero usable. It's a machine with: a) a gozinta that fits Credit Cards, a gozouta that fits Credit Cards, and machinery that converts that CC gozinta to a CC gozouta; and b) a gozinta that fits Bitcoin, with no corresponding gozouta, and no mechanism for converting the Bitcoin gozinta into anything. Well, I guess it provides some titilation... |
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What's the relevance? No crypto support that I can detect: You can pass in any three characters and it will be treated as a valid currency code.The reason for this is that it allows support for future currencies. For example, Bitcoin can be supported with its currency code 'XBT'. |
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ATH guess 01/02/2018
Where are you from though? In the uk I'd read that as 1st Feb 2018. US would read that as Jan 2nd.  ISO 8601 was published on 06/05/88 and most recently amended on 12/01/04 date formats in the above sentence from the original xkcd tooltip - is one to conclude some message from the ironic usage? |
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You are feeling pretty bold with your lillie thread take over...
'thread take over'? Get over it. I mean, sure - it's irritating to have to deal with incessant walls-o-text (hint, hint), but it is directly related to the thread topic. |
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(...)
- Buy some BCH. As $/BCH:$/BTC trends toward 1:1 you'll be back in profit.
(...)
and I thought you were different.  Our esteemed friend jbreher is quite enamoured with BCH Indeed I am, inasmuch as it is simply Bitcoin with the economically-ignorant centrally-planned production quota on max block size ameliorated. As opposed, of course to The SegWit Omnibus Changeset, which introduces new transaction formats, new perverse incentives, and a new broken security model. Good chap all in all.
Presuming you ain't being sarcastic, thanks. I seem to have morphed into persona non grata amongst many 'round these here parts.
I don't want my bank to know that I am fiddling around with BTC. Not sure what their policy is, but don't want to take chances, and have them close my account. That is why I have lately been using the Paypal route. Then I can transfer from Paypal to my bank and all my bank sees is that I got money from Paypal.
I'm not sure what you mean but selling BTC for paypal-money is very risky. Anyone can complain within 30 days and get their money back + keep the coins. Paypal-policy says that they can just take the money from you and give it to someone else. If you're worried about your exchange double-crossing you in that manner, you probably shouldn't be dealing with that particular exchange in the first place. What exchanges pay you with paypal money? Reading back a page or so upthread would reveal that the conversation specifically was about Coinbase/GDAX.
I think it will go down to 2500 easily. These rallies are almost always sucker rallies.
Yeah, but you're the clueless knucklehead that has been touting the glories of AMP as you ride it ever downwards. |
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I don't want my bank to know that I am fiddling around with BTC. Not sure what their policy is, but don't want to take chances, and have them close my account. That is why I have lately been using the Paypal route. Then I can transfer from Paypal to my bank and all my bank sees is that I got money from Paypal.
I'm not sure what you mean but selling BTC for paypal-money is very risky. Anyone can complain within 30 days and get their money back + keep the coins. Paypal-policy says that they can just take the money from you and give it to someone else. If you're worried about your exchange double-crossing you in that manner, you probably shouldn't be dealing with that particular exchange in the first place. |
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'wexnez' is even more fun to say than 'mountgox'. Make of that what you will. |
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You would think after almost three years of being involved in the cryptocurrency sphere, that I would know how to trade. But I still am quite clueless. I thought I did well yesterday. I managed to put of few trades together, where I sold higher and then would buy back lower. I didn't catch the absolute crests and troughs, but I did OK with the little bit that I was moving around. I then bought back last night, and left it at that, so I could sleep well at night with a few more satoshis than I had 24 hours ago. This morning, just before work, I saw the market shoot up from a low of almost 2800 USD to a little above $3300. I thought, surely this must be near the peak, so I sold a little bit of my BTC. Now it appears the rally has continued and I find myself stuck with a fiat balance on Gdax. I know that it is recommended not to seek trading advise in this space. However, I really am clueless what to do. Any recommendations? Here are my options. 1) Keep the fiat balance on GDAX, so that I can continue to play around with the market at my leisure, and have both a BTC balance and a fiat balance. 2) Transfer fiat to Paypal and pay off the credit card balance that I have for them. (Coinbase charges a big fee to do this though, and I could probably pay off my balance outright with fiat I already have in the bank anyway.) 3) Buy back your BTC, use this as perfect example that I suck at trading and transfer all my BTC back to cold storage so I can HODL. Thanks in advance for the advice.  I engage in periodic bouts of such swing trading. When I get caught holding a bag of stinky fiat, and no way to buy back in without a loss, I just stay in fiat. Options include: - enter a limit buy at a strike price below your last sell and forget about it. It may execute in the future if the market dumps again (I have a ladder of open orders in the $1000 to $2500 range that may never execute) - you'll need some fiat to pay the cap gains tax on your profits anyhoo - when april 15 rolls around, cancel your open orders if you need the dosh - pull your money and have a fling. If you tie a bank account to GDAX, withdrawals are free. Yes, free. And the number one answer: - Buy some BCH. As $/BCH:$/BTC trends toward 1:1 you'll be back in profit. Buying back in at a loss just feels like failure to me. Of course, I already hodl all the Bitcoin I'll ever need, and only trade a minuscule fraction thereof. Your mileage may vary. |
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By the way, I did not buy at $300! I wanted to buy and then sell and re-buy but meh, was going to eat.
So you wanted to buy but went to eat instead and now you are blaming yourself for choosing food instead of trading? That's hilarious  I mean imagine a hedge fund manager giving this kind of "excuse" to his investors as an explanation why he missed a potentially very profitable trade ("sorry, I was hungry"). Fits right up there with 'I was going to mine, but overslept'. #justsayin
Meanwhile, back at the ranch, #3 seat recaptured. |
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Phase two.
Dump completed, pump commenced.
Panicers R3KT. Hodlers vindicated.
Just another wave in Bitcoinlandia.
See all y'all at $6666
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Why should I buy something if my currency is more worth tomorrow.
Because you value access to that thing today. |
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there is far better tech that will provide complete anonymity,
yes... and this tech can and will be added on top of bitcoin
Not convinced. It is not clear to me that anonymity can be bolted on at an upper layer. Seems to me anonymity needs to be a fundamental construct at the lowest layer. For argument's sake, how exactly do you see this working? |
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I invested a huge amount at ~4100€
I think BTC has an intrinsic value of around $1000.
^^^I sense some inner turmoil... |
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Bad news for Cash is that there're no USD markets
That is quite simply false. Bitfinex Kraken USD X CEX.IO Livecoin Exrates xBTCe Quoine Bitsane SouthXchange Independent Reserve ... |
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