"Oh gee, ISIS, the terrorist group that is so extremist that they got kicked out of al qaeda is going to use bitcoin. This is GOOD NEWS!!!" /sarcasm this is one of ISIS videos showing what they do. http://www.liveleak.com/view?i=5b0_1402690909are you permabulls retarded? you want bitcoin to fund terrorists and you think that this will encourage the mainstream to put money into btc? Maybe you should ask the same of every US taxpayer since they're using US made weapons. Short much Yomofo? As bitcoin is traceable (whatever you may read on anonyimity) - much more so than fiat, I imagine that ISIS potentially choosing to use bitcoin is an NSA wet dream. |
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Huobi just triple bottomed at 3822.. wow. Dickheads, sell all your coins. Its over!!!! PANIC!!! HACKERS, CHINA, TERRORISM, BAN!!!
My NSA/CIA patented sarcasm detector just overloaded. |
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Europe banned? When?
they never banned it, they just warned the banks about using it. They didn't even ban banks from using it, it was just "we advice you not to use it because it's risky". So FUDsters and permabears interpret that as a ban. But Europe is unlike to ban bitcoin, it will cause too much revolts and besides i don't think the European Union has enough power to do that in all member states anyway. Yeah, Germany legalised it. France, UK, and the nordic countries have an open mind about it. That's 50%+ of the european GDP. No way the EU can ban it in the whole union, they would have to all agree about this, and have tons of debate, meetings, etc. Should not bother regulating it then. Let the market regulate itself. They actually said to the banks (and no one else) don't use it until we have worked out how we are going to regulate the use of it by you" - ie the banks. |
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Wow. Woke up to crazy cheap bitcoin. The universe must love me dearly.
Some news that might be having an influence, sky news has an article claiming bitcoin could be used to fund terrorism. Its from an article in an Islamic jihadist blog somehow connected with ISIS that mentions bitcoin can be used for funding. ISIS are using US made weapons and there are several reports claiming they're also US trained. Btw, the same blog entry also claims bitcoin complies with sharia law. Bitcoin complies with Sharia law to the extent that it does not pay interest, there are other aspects to Sharia compliance that I personally am not convinced it complies with - but then I am not a muslim so don't frankly care. On the other hand this is probably an NSA wet dream, terrorists choosing to use a traceable, open ledger to move their money about. |
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The causes for these risks were also investigated by the EBA. These include for instance that a virtual currency scheme can be created -and its function subsequently changed- by anyone, and in the case of decentralised schemes, such as Bitcoins, by anyone with a sufficient share of computational power, and anonymously so.  yes a very european degree of understanding |
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There is no reason for a dump at all -- the news has been wonderful. And yet I have this sick feeling that we are going to have some dramatic movement like a flash crash or some other bull----
then stick some low ball bids in around $200-$300 |
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Expropriation by the back door Proposing the idea that government bonds be allowed to be extended without triggering a restructuring credit event, no reduction in notional or coupon, but maturity extension drops your Net Present Value and is therefore effectively a wealth tax. http://www.imf.org/external/pubs/ft/survey/so/2014/POL062014A.htmComing to a European country near you? |
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Not too long ago many people believed in a $4000~6000 peak, but now I seem to be one of very few who still thinks a rally to $5000 will happen soon.
too many people would dump all their coins long before it got close. +1 This. The amount of fiat required to get us to that level is probably a multiple of the current market cap. |
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At least 75% of the users here will say that now is the time to buy, 24 hrs a day, 7 days a week
because in the medium term the right time to buy is always now.......... probably  |
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are you saying price will go down because those coins will be for sale via new exchanges in developing economies ? and for sure they sell em for less than what they payed. and donīt forget ZHE MILLIONS of fresh bitcoins that will be available because of mining in the next few years ??!1!! and what about the millions of coins that are already sold. shit, they may get sold again ! and those buyers of all those coins may sell them AGAIN. i wonder why btc price ever went above 1 cent with all this selling  No, they are not going to be "on sale" on developing economies. That doesn't make sense, everyone in those countries can buy right now in actual exchanges, localbitcoins, etc. What they can do is: - Lend bitcoins on those countries with a small interest (bearish, they have to monetize (fiatize?) those bitcoins to build/buy almost anything non digital). - Act as Angel investors in those countries (bearish for the same reason, bitcoin economy is not that big to keep the coins unchanged). Both options are viable all around the world, you don't need to deal with banks and corrupt goverments to send bitcoins wherever you want, but once the coins are there you will have to use them: Pay bills, pay salaries... And it's easy to see that most of those bitcoins are going to be transformed into fiat before use. Yes but over a long time period - not the next month and through the usual cause of business and probably through funding businesses that expand the bitcoin ecosystem. So there is absolutely no chance of 30,000 coins hitting exchanges in one go, so the market no longer needs to fear the quick sale and profit turn. To me this is about as bullish an outcome as we could have hoped for. |
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is there any date/timeline when the FBI plans to public the auction results???
I thought the situation was that bidders would be notified and then anyone is free to make an FOI request and there aren't many exemptions that I can see that would stop at least the sale price being revealed. The US Marshall's office will not make any comment about the price at which anything is or was sold. You can make a request under FOI act and wait a few years while it is processed - or hope the winner goes public - dont hodl your breath on that though. |
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Only 1 million shares. Small float = easy manipulation
Pump and dump time
Having access to wall street money, who really know how high bitcoin will go. Yeah they'll pump it then dump it. Leaving all retail bagholders in tears. Seen it all the time in pennystocks ETF's do not work like that -if more than one million shares are purchased the ETF issues new ones, and buys the bitcoin to hold against them. So if 3 million shares get bought they will issue another 2 million, the fund then buys extra bitcoin with the proceeds of the new share issuance so as be balanced. That way the value of the ETF share stays in line with the value of bitcoin and is not influenced by the supply and demand of the ETF share itself. When shares are sold back to the ETF they retire them and sell bitcoin so as to stay balanced So if the ETF gets huge swings in inflows and outflows then it will have a huge impact on bitcoin - unless insitutional market makers get involved in the real bitcoin market so as to smooth flows and volatility. There are one million shares initially because the ETF will only own 200,000 bitcoin, and each share is worth 0.2BTC. If more than one million shares get bought the ETF will have to buy bitcoin at market. If less then they may well have to sell bitcoin. EDIT: Lets not forget though that to be fully funded at inception or close to inception, ie all one million shares bought, this ETF needs to sell the equivalent 200,000 coins to interested parties , thats USD 130,000,000 at current prices, - and we just had a little panic about 30,000 coins going at auction. |
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what about e) they aren't even aware that different genders exist.
the existence of different genders seems self-evident, but their number and clustering topology is a research topic. well you'll always find pairs in the bathroom |
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I like 80%+ of Tera's posts.
There is no need to target everyone who doesnt think btc will hit 100k in the next week. Ever super bears do not bother me if they actually mean what they say, and not just posting crap for attention (aka some people we all know, no need to name them)
Agree but thing is with TERA, while she is indeed a good trader you cant help but think bullshit every time a movement happens and she claims to be on the right side of it despite being super the other way 5 mins before. Funny you mention the other one, he actually predicted $650 1st of July, scarily accurate. How do you know he is a good trader? Everyone can say they are good at trading and make 1000% profit each day on the internet. He is a good chartist and has a very analytical way of thinking is all I can say from his posts, which doesn't automatically make him right or a good trader. Why is there so much confusion about TERA's gender? because half of the people on this forum cannot deal with the fact that a woman might be a) interested in Bitcoin, b) articulate (after all they have never actually spoken to a woman) and c) smarter than they are. |
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Newegg is fricking huge.
it has to be the biggest company to date right?
Dish is bigger by revenue, According to Forbes Revenue in 2012 was $2.8bn, Dish's Revenue the same year was $13bn. Newegg is a private company so a lot of their financials are hidden. http://www.forbes.com/companies/newegg/ |
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Don't want to spoil the party - but none of the missed bidders are going to be putting all their cash to work today or tomorrow. There are still more coins to be auctioned - they might buy some now - but they will wait for more coins to be auctioned before going all in.
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very very few investors - even professional ones - are capable of behaving like Warren Buffett, and buy when others are selling and sell when others are buying. Most move with the herd and with conventional wisdom.
I undertsand that WB did not make his fortune just by buying high and selling low (!): he bought a failing company and managed it for many years until it got profitable again. Completely agreed, but then Mr Buffett is a rarity amongst investors of any stripe - and he also gets it wrong from time to time. The point I was making regarding WB as opposed to the vast majority of investors is that he looks to buy while assets are being sold by the majority, and to sell into Strength. The fast majority of investors including the so called professional street look to ride trends - thus the phrase "The Trend is your Friend" - this means buying assets that others are buying and selling assets that others are selling. A lesson all the banks should have learnt - and we should all take to heart - Sell When You Can, NOT When You Have To. |
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I think we still have to wait till we cross again 610 mark, before that really not recommending buying.
So... Wait 'till the price goes up to buy? Do you also wait for the price to drop to sell?? Brilliant trading strategies.. very very few investors - even professional ones - are capable of behaving like Warren Buffett, and buy when others are selling and sell when others are buying. Most move with the herd and with conventional wisdom. |
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Normally when adults start talking to imaginary friends it's seen as cause for concern rather than investment advice.
"Imaginary friends" is those things that you make through the internet, with Facebook and such?  An imaginary friend is any friend who won't post bail |
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