Economics and trading are two different things, Junior. The fact that you consider it play money may be why you have less than a quarter of your original stack. Hope you enjoy that DD2 memory. Your brain memory isn't apparently doing you much good.
That is nice to hear. I am pretty sure when I am at your age I will be sitting on an internet forum arguing with someone 20 years younger than him about how much money you have made. No maybe not , but I get the feeling you will be arguing some stupid point of view with someone... good luck with that.
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Economics and trading are two different things, Junior. The fact that you consider it play money may be why you have less than a quarter of your original stack. Hope you enjoy that DD2 memory. Your brain memory isn't apparently doing you much good.
: ) well said... play money... jesus ..move on
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the market is not acting favorably to these events
i assume the official chain bitcoin ban coming soon is of gr8 concern still
To be honest. TA is bearish as hell for days/weeks. That hearing was way worse than even the bears expected. Itīs time to leave the hodl strategy. China and russia rumours are just lurking behind the corner... You must have been watching a different hearing..the worst of it was the economic hitman, and they are probably all sad because it was Bennies last meeting today: ( Much sad, much print, no taper though... and soon the lady will continue his work... from these hearings I am expecting nothing too enlightened but I do not see them coming down hard, they will focus on the "entry and exit ramps" exchanges etc, and I suspect it will not be too bothersome, and infact will act as an impetus to Bitcoins growth and adoption and the rate at which wally street will get on board... Bitlicense is going to be like a red rag to a Wallstreet Bull, and hopefully they will not drag their feet too long on this..... As for Hodl or not to Hodl? I will be buying the dips, and I see some of the alts are starting to have a bit of a wobble too... but I see no good reason not to hodl and aquire more and hodl. Full hodl ahead captn' Aye aye! ya so why is the market not going up. this is bearish as fuck. Who knows why the market is not going up.. maybe it is just having a break inbetween twitches? and these 20-30% daily price swings it has all of the time ; ) besides there is alot going on this week, apart from the hearings... quite an odd week lots of expectations and twitchy triggers loaded with preconceived ideas about the next 48 hours inparticular. Besides I guess it also depends on what timescales you are trading on if you think it is bearish or bullish, I am looking looonger term. The market is not always smart anyway especially over short windows of time, it is quite reactionary,emotional and dumb sometimes... whilst I have dabbled in TA in certain situations, looking at Cryptos/Bitcoin and applying most TA is pointless at this stage, when the market is still emerging and there is very little historical data, and in reality the "newses" (thanks prouhon and the fundamentals far out weigh the TA, and looking at the fundamentals as they stand for cryptos what has changed? nothing... nothing negative anyway, there are going to be some regulations... yup we guessed that... but there was nothing new or negative or super scary that came from these meetings nothing, if anything I was surprised at how pro Bitcoin/Crypto the whole thing really was...and that actually they seem to accept that cryptos are already here 100% and they are going to do their best to prevent money laundering etc so there is going to be some regulation, but at the same time they seem aware that they do not want to scare away innovation, I do not see it being a million miles away from what we have over here in parts of Europe, maybe even a one up on that to encourage regulated exchanges etc... if their ideas fit in with the ideas of the global Bitcoin community is another thing... but the more hearings that happen like this, the bigger the network grows, the more the eco system and infrastructure around Bitcoin and cryptos develops, the more investment and the more hearings and more free countries that use light legislation allow Bitcoin to thrive, then the more and more validity it gives the whole market, and more media an more adoption.. this has a loooooong way to go, and at the moment all of this is going at light speed!! 2014 is the year we will see much much happen.... we are years ahead of schedule here in my opinion... literally. For me, and my timescale these hearings were bullish... of course the proof of pudding will be the eating so... I guess we will have to wait and see what the outcome of the hearings actually is. http://youtu.be/i92tA02xBV4
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the market is not acting favorably to these events
i assume the official chain bitcoin ban coming soon is of gr8 concern still
To be honest. TA is bearish as hell for days/weeks. That hearing was way worse than even the bears expected. Itīs time to leave the hodl strategy. China and russia rumours are just lurking behind the corner... You must have been watching a different hearing..the worst of it was the economic hitman, and they are probably all sad because it was Bennies last meeting today: ( Much sad, much print, no taper though... and soon the lady will continue his work... from these hearings I am expecting nothing too enlightened but I do not see them coming down hard, they will focus on the "entry and exit ramps" exchanges etc, and I suspect it will not be too bothersome, and infact will act as an impetus to Bitcoins growth and adoption and the rate at which wally street will get on board... Bitlicense is going to be like a red rag to a Wallstreet Bull, and hopefully they will not drag their feet too long on this..... As for Hodl or not to Hodl? I will be buying the dips, and I see some of the alts are starting to have a bit of a wobble too... but I see no good reason not to hodl and aquire more and hodl. Full hodl ahead captn' Aye aye!
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There it is the guy worked at the FED
haha she'd like to keep her money in a safe institution.. bail ins coming this year biatch!
yeah un-fucking-believable.. derivatives? say wha? and what was that? a coat of regulatory disclipline ? trust? Jesus are we even talking about the same planet here? Funny how I was expecting more of a hatchet job from the law enforcement guys, than the academia economist crowd... Those two guys pretty much swallowed the feds handbook and both were intentionally missing key points or are both pretty high on the autistic spectrum especially Mr Bean on the left- my guess is they do not like change.
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Really ? ffs academics ... who do they think they are? the least informed panelists so far in my opinion....
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Uh oh, a bunch more merchants "of similar statute" (as Overstock) about to sign up with Coinbase.
This is not confirmed, but even if it is, it's bad news as these merchants will cash out all their bitcoin and will further crash the market. I have confirmed the last part where I just wrote "even if it is, it's bad news as these merchants will cash out all their bitcoin and will further crash the market". Sorry Proudhon, can you please confirm that you have confirmed the above is 100% confirmed? thanks bro.
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I just want the next guy to say " were do I see this going in a years time?...... Chooo choooo""
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Good to see that Fred Ehrsam has gone from the darkside to the side of light! (or has he? mwha mwhaha mwhahahaha)
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Control all the miners!
That seems to be their concern due to "systemic risk" but really they do not seem to have grasped it yet... control the miners, what all of them, everywhere? even if the answer is "no here in the US" then the answer would be "great I am off to (insert name of country with less or zero mining regulation here) They are looking at the situaiton and thinking, hang on a minute... we and our chums on wall street are the only ones allowed to create money "out of thin air"
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wtf? this guy saying they can get round the encryption?
Waterboarding
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why do they always talk about Silk road and super easy drug ordering. People who want to get Drugs will always get them despite it's illegal or Yellow. Bitcoin is just a way to pay for it not the Problem itself.
It's not about logic, so don't look for any. Drugs, illegitimate use and money laundering resonate with a brainwashed public. The goal is to get control over other people. Shut up you criminals. In the end we will get all of you. Ayeeeeee - Wrongamundo
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why do they always talk about Silk road and super easy drug ordering. People who want to get Drugs will always get them despite it's illegal or Yellow. Bitcoin is just a way to pay for it not the Problem itself.
Which is one of the reasons that law enforcement and guberment have been totally ineffective in reducing the drug "problem"/ trade... been nothing but chasing shadows for decades and burning money.... whilst the cartels have far more money to burn and are always 3 steps ahead... these guys are not really the sharpest tools in the box... that being said it would not surprise me at all if 50% of the cocaine available on Silk Road, went through the hands of an employee of one of departments of the US guberment somewhere along the line in some fashion... before it even got to silk road and no doubt for whatever role they played in doing so, bet they got paid in cash.
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Already I see something quite worrying... the current speaker from law enforcement panel, speaks the same language as the "chair" they are used to speaking to each other in the manner they are doing, using the same readily understood language and concepts that the legal and regulatory system both understand, yesterday the chair seemed to have trouble accepting some of the concepts and language of crypto currency.. this could mean that the message today is received loud and clear, whilst yesterdays message not so.
Hopfully it will even out a little, will have to see how the Q&A goes...
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You need to troll harder. Not so much. He's quite good. I mean, even people who are deeply averse to trolling begin to appreciate his work after a while. I always feel a little better after a proudhon troll. He's making the world a better place, and I wouldn't want him to overwork himself to exhaustion! You are right... say what you want but the guy is a pro troll - makes me smile with his "newses"
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This is the way I see it. Support for hodl policy. Except there's a clear downward trend since the ATH and no new ATHs have come in. This has corresponded to an increase in bad newses, which don't appear to be slowing. As it is confirmed that there really cannot be any more good newses from this point on, it's safe to conclude this downward trend will continue, as I have confirmed. Except all the increase in good news which doesn't appear to be slowing and the "bad news" was clearly pointed out as mere tools to get clicks and ad sales for news companies. Oh and this: http://en.wikipedia.org/wiki/List_of_fallaciesConfirmation in your own head that there cannot be any more good news ≠ confirmation. You need to troll harder. I cannot confirm what you just said. I do not see anyone asking or needing confirmation from you. In fact, nothing you say can be confirmed. Nor is there agreement on what you consider "confirmed" and the empirical definition, hence the list of fallacies. If you can't agree that your argument is invalid because it's a fallacy then you are in quite the pickle my friend. I can confirm I am not in a pickle. starting to think you may be a pickle.
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Funny... I bought a Lambo and I am doing my masters at that school in Cyprus, paid with BTC. Adopt me Ha, the Goat house is getting full. My second son was born yesterday about this time. Both baby and Mother are happy and healthy. Congratulations : )
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Charles Lee just bombed hard "and stuff" wtf
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