Who am I buying from on Bitstamp?
other people like you who joined Bitstamp and are willing to sell at your desired price. Who am I selling to on Bitstamp?
other people like you who joined Bitstamp and are willing to buy at your desired price.
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i pity those who thought bitcoin price will continued going down and were waiting for $2000, $1000, and lower. but i do not pity those who were waiting just because some idiot on the internet told them to wait for $2000 and lower. they deserve missing out.
in any case any news and FUD has its effective period. they come and last a while and they all fade away. no exceptions.
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if it's closed forever.
it won't be closed forever. some exchanges are closed, there is still localbitcoins and any other Chinese version of it are available. What we can sell bitcoin using Paypal ? ( For citizen from China ) If we can sell bitcoin pair with Paypal , how can do it ?
you can sell bitcoin for anything. for cash, paypal, gold, car, a house, a boat, ... as long as you can find someone else who is willing to trade with you. so the questions should really be how you can find or convince someone to accept Paypal since nobody trusts Paypal transactions because of their charge back.
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i don't know why it is said here that your site needs to be bitcoin related! i have a blog that has nothing to do with bitcoin at all and i have a-ads on it and it is getting impressions and gives me payment!
the problem is that they calculate impressions a little weirdly. they call it "unique impressions", there is an explanation on their site about it. but in action it means they ignore some of them visits and most people have ad blocks anyways so your earning will be small.
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innovation and real usefulness!
anything that you see that is succeeded is because they have had some usage in real world and that created demand for them.
for example when Apple created iPhones there was a lot of innovation in them. and there is usage for them too which creates the demand. people like having a small thing that has a ton of stuff in it they use (phone, camera, planner, internet, music, games, ....).
you can gather all the brains in the world and start a project but as long as that project doesn't provide anything that anybody wants it will be useless.
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...What about xapo now, is someone still using xapo here? They adjusted the fees now?
XAPO and all other similar services are third party and they choose whatever fees they like. and now that they have gotten a taste of some additional profit because of taking fees from their users i don't think they will change their fees. although you have to ask them. go to their support page and make a new ticket or contact them via Email and demand lower fees.
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Trading with not is a bad idea, it can make you to run into huge losses. I prefer trading manually
not at all. instead it depends. a trading bot is just a tool, you can use it any way you want. some use it to their benefit and some don't know how to use that tool and end up losing money. the thing is, people usually expect weird things out of bots and that makes them bad but just for them not generally.
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China is buying hell out of the market on okcoin. Almost 10k already.
Something's brewing...
huh! you seem to be correct but i have to admit it is very strange! the volume is nearly 20,000 and the price has not moved much in this huge volume! it is as if there was a huge sell wall that was eaten into. do you have more information on this? (this is hourly chart by the way, which means that volume was within 1 hour:
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somebody needs to call James Dimon (the JP Morgan CEO) and tell him that his country's congress is going to remove taxes on a "fraud" LOL. and while you are at it call IRS and tell them they have been taking taxes on a "fraud" too.
oh wait, he is busy buying bitcoin he is not answering any calls.
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People think .... action will destroy bitcoin value,
for years blank's actions have been affecting bitcoin but they can never "destroy" anything about bitcoin. they may cause some turbulence and worst case scenario a big drop in price, but that will be all the damage they can do. it stops at some point and the trend will eventually reverse and come back on the previous track. what JP Morgan CEO doesn't understand is that when he called bitcoin "fraud", he in fact called thousands of businesses fraud. i would love to hear what Valve corporation (a $4 billion company based in Washington, US) has to say about this so-called fraud that they are accepting as payment. what other thousands are saying
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there has been a couple of confusing explanation about what really JPMorgan is doing regarding that picture but even if those explanations regarding this are true, that doesn't change anything!
even before this proof came to light, i had my suspicious that they must have been heavily involved with bitcoin and must have plans to make some profit from the ongoing situation.
otherwise there was absolutely no reason for him to talk about bitcoin being fraud out of nowhere there must have been some benefit in it for them.
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Thats great that Japan saved the fall of bitcoin but the timing is a little suspicious.
the news about Japan is kept on the down-low, it didn't save anything! the reversal happened even before anybody over this side of the world knew about this news. and it was because it was time to come back. you can't expect bitcoin price to continue to go down with all the demand! additionally Japan has been releasing good news all year long. this is one in a 300.
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regulations has little to do with what you are saying. it is a pretty normal thing that comes from the fact that fiat is involved and that will also bring in the regulation and government's involvement.
people keep using the word "ban", i disagree with it. because it is not exactly what happened. it is all regulation-related. to force these exchanges to follow the monetary system rules. and of course there may be other purposes at work too but if these exchanges were licensed then nobody would have done anything to them like closing them down.
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with closer look at the market it seems like the dust has not completely settled yet. there is "uncertainty" in the market still and that is that worst thing ever. people are doubtful of near future so they are all waiting to see what happens. otherwise price would have gone above $4000 and back to normal prices by now. there probably are still people who think this may be a trap of sorts! hopefully this stage doesn't last long and is gone like other past times.
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I'm buying it now at $435.
people have always been buying "it" much lower than bitcoin, it being altcoins. and you can dream on as much as you like with your bitcoin cash and keep buying it as much as you can, but in the end the fate of it is not different from any other altcoin that people were buying with the same hope
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There were so many media issues that could be attributed to today's rush into bitcoin: - bombing in UK train - NKorea firing missiles over Japan
There were also other issues that could have pushed it further down: - JP Morgan CEO calling it a fraud - China shutting down exchanges (Although I've read this was because they want further regulation before continuing so this piece of news could be taken either way)
these things have always existed, but other times we don't pay them much attention. or don't make the connection. Do you think the dip is done or is today's rally just a bull trap?
it doesn't have to be one or the other. it may very well be the recovery. the big dip needed to correct too. it is not just a big rise that needs a correction.
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Seems very few people participate in technical discussions these day. Wish a section is created for technical Cryptocurrency discussions.. Bitcoin and Altcoin sections don't have enough of them. Strong discussions is badly needed. Hope something is done about this.
there is already a board for that: https://bitcointalk.org/index.php?board=6.0and there isn't much "technical" arguments about what OP is saying here. in fact there is little technical discussion about any scaling proposals around here. it is just nonsense after nonsense. the same OP was supporting bitcoin unlimited passionately not so long ago! now he is supporting something else passionately!
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Imagine that after ppl have burnt their fingers using toasters the state decides to ban toasters. A week later online shops have to stop business within 2 weeks. Some online shops may stay in business for an additional month because they've never sold toasters....
your analogy is wrong. people never burnt their fingers with toasters. instead it was shops selling toasters illegally without license to sell toasters! so the government came to them and said "who let you sell toasters, we are closing you down". and people continued using toasters and buying toasters from those shops that had the license.
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you hate u have no more money to buy cheap now
no! i hate that i don't have more money in general, but i never hate that i don't have more money to invest in coins while they are cheaper. that would be wrong. i have some funds that i feel good about investing, if i go over budget i will be risking more than i can afford to and this is a pretty volatile and pretty risky market! the risk is not just the risk of price going down, it is also the risk of exchange running away with my money too!
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by the way there is nothing interesting about China ban. it is a pretty normal and common thing that has been going on from the first day government shaped up and businesses started working with the currency that government issued. when you run a business with that currency (fiat) you need to follow the laws of that currency too. that means regulation, that means having a license to run your business. i don't think there is any country in the world that allows people to start businesses without some sort of license and handle millions of dollar every day! they may not care if it is $10 per day but they sure as shit will care when it is millions!
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