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the billionaire that wanted to double down could only get 2.000 out of 50.000 coins? lmao...
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strangely i saw similiar pictures popping in my head while i clicked on your link. prepare for the hitman i sent to you  |
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Damn troll that link doesnt work  |
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Draper is a real player. This is bullish as fuck  |
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Good points cloudboy, but dont forget we are in a bear market for awhile now. people will act more according to sentiment and emotions |
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Hello barrabas, Your reading comprehension skills are... uhmm... you lack alot of it. Even my 15 year old nephew understood the blogpost after the first read  |
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my bet is all coins sold for atleast 450  |
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Cut your loose |
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what a deja vu, the same questions and discussions like back in june |
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in soviet russia people dont buy bitcoins. bitcoin buys people.  |
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bump?
c'mon, speculators, I'm sure some of you know.
more investigation from me: BTCChina allows you to "loan" funds, but does
not (as far as I see) allow you to lend funds. This means they are lending out themselves.
Weird (or rather: smells of fractional reserve).
Interesting, they could be pumping the price with fake fiat. Thank you for the information. as far as I understand, they are lending both fiat and BTC, so the argument works both ways. I agree that it makes one thinkg of fractional reserve though/ How is it fractional reserve at all or any different to Bitfinex? It is simply allowing 'traders' on their respective sites to take long or short bets with leverage (i.e a bigger bet than money they have on the site) which involves someone actually stumping up the capital (either bitcoins or fiat). This capital is lent out for a daily rate and therefore is at risk during times of extremely wild major market moves, hence the 0.1% a day rate. Saying that I have lent coins out for some time on finex this year but took them off recently when the rates fell below a useful level. its about who lends the money/btc. on bitfinex the traders/users lend out money/btc. here for example btcchina lends money/btc which doesnt come from traders/users, so its possible that they have fractional reserve. (they use the money/btc users deposit to give loans) |
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Btw if the us gov would pump btc before their sr auctions would it be considered market manipulation? :C
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id be more concerned about the 50k auction.
+1. The money in bitcoin now is not consumer money, it's investor money. Whether or not they want to go shopping is irrelevant. I mostly sell my bitcoin by buying goods. No doubt I should be clever and speculate with best offers available for cash but it seems less hassle to deal with a shop with its various guarantees and return policies. I think if bitcoin suddenly doubled in value I could in theory return my product and get my bitcoin returned to me, upto about 10 days where I live. Seems shop spending is the best way to use btc, otherwise sure I guess I might be an investor though I think that applies to bitpay the company itself more then those who use it and ditto the exchanges Could you explain how the merchant does that? Isnt that unsecure? If he holds btc for 10 days he might get a loss if the price falls. if he sells instantly, the consumer wants his btc back and btc price went up he will have a loss too. |
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Price will pump after the sr auction
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No, no... the price will only go down because the people who use this s--- are delusional f---tards who are ignorant, rude assholes to anybody new. Toss in the fact that it is monopoly money and a pump and dump penny stock and you all are seriously fucked.
Lol i think its time to go out and cool your head haha |
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Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?
I've actually used BTC to get paid for services. Works very well in that domain, as easy as PayPal + without country limitations imposed by PayPal. Bitcoin is truly global, which is not the case for *any* other payment system, each and every other one has some geographical limits. I used to use it for some internet things, but it really is far too scary how much information you leak on the block chain (information that will get more easily and more successfully analyzed as interest and sophistication in methods increase), so nowadays I actually prefer to use PayPal and banks. Because even though they may know everything about me, they are corporations and want to continue making money, so they have a stake in not sharing my data with anyone they don't legally have to, because otherwise they'll get fucked by Uncle Sam. Basically, I'd rather have the NSA and a few big corporations know everything about me than a hundred thousand thieves and low lifes all around the world so they can target me. Yeah i agree. i always though why the government would not put the nsa in charge of everything ( i guess telecommunication and banking system would be enough for the start) |
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Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?
What? You believe there is serious commerce besides drugs and gambling? On a side note: You kids should save your ammo for decembre  |
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Prospect of next month: horizantal. range $350-$450.
this is my short term outlook too, next few days ~360-350 then steady up atleast 450 |
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to be honest somehow i cant see a rally just right before the auction of the sr coins. although if someone does a draper i see it as very bullish |
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