For all the purchases you would like the government to know about, there's bitcoin XMR.TO. For everything else, there's Monero.   It would be a nice dream, but I think when you try to buy anything substantial (real estate) they are gonna ask where you got the money, and I don't think XMR.TO is gonna cut it. |
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By the way, I just ran numbers again, Even if I were paying $0.10 per kWh I'd still be breaking even at 150 per coin.
Sounds like pretty efficient (new) gear. Old gear, paid for it in January 2014, didn't arrive till much later of course, but efficient for sure. |
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By the way, I just ran numbers again, Even if I were paying $0.10 per kWh I'd still be breaking even at 150 per coin.
Long term I expect the price of the coin to always tend towards the cost of mining, with some wild fluctuations along the way.
I think any price below 300 CAD is a buying opportunity, but I'm just saying don't be surprised if the price falls back below 200 USD before the end of summer.
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Facebook Pay, Microsoft Pay, Google Wallet, Samsung Pay, Apple Pay...
Where's MA BITCOIN Pay ? Huh
Typical list of the usual suspects, From: http://www.theverge.com/2013/6/6/4403868/nsa-fbi-mine-data-apple-google-facebook-microsoft-others-prism"The program, codenamed PRISM, is considered highly classified and has never been made public before. The list of companies involved are the who's who of Silicon Valley: Microsoft, Yahoo, Google, Facebook, PalTalk, AOL, Skype, YouTube, and Apple." (YouTube and Skype are also bolded as they are now part of Google and Microsoft respectively) All these pay systems will accept bitcoin eventually anyways, they're just building up the infrastructure. For all the purchases you would like the government to know about, there's bitcoin. For everything else, there's Monero. |
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Does anyone else think that arrow image looks like a giant cock?
Nothing like a coin being up-front, I find that refreshing.
Please stay on-topic, this is neither the alt-coin forum, nor the place for jokes of any sort Watch the fucking wall and tell us what you see ... Damn ... they got some dumb '6 minute between post' rule for us reprobates. How we supposed to talk like that. I thought the internet had made progress with communicataion. Imagine if you had to wait 6 minutes between comments on the phone. Probably got the idea from the blockchain confo time  Don't wait, just create a new account every time you want to post. I've seen it in action, it works! |
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Hmm, not panicky enough. Need a proper dump to 230 at least to force sub 300 CAD.
Support at 240-245 range seems substantial, but not insurmountable.
Keep selling! You can do it! To the floor!
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Well that was a pleasant way to wake up in the morning!
Price had been flat so long I had nearly forgotten what my alarms sounded like.
260 albeit briefly is better than a kick in the nuts
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Shorts up to 24541.
Hmm.
Swap interest rate on shorts up to 0.07% per day, long swap interest down to 0.094%
Wait a minute, you telling me I could loan out a couple hundred coins and be making .14 per day? That's more than I make from mining! What's the catch? Where's the risk? You'd have to trust leaving those coins on an exchange.  You're right of course. I was thinking out loud trying to figure some kind of price on that risk, to calculate if it's worth it. I don't know how to figure that number mathematically but I can make an estimate anecdotally... So if I consider this in the same way I consider buying pre order mining rigs, it's like an all or nothing bet. I consider the money gone, then I consider how long to make it back (if the bet pays off and the hardware actually gets shipped - or, in this case, the exchange doesn't run off with my coins) If you could consistently get 0.1% it would 1000 days to double your money. In a mining deal, I would expect to double my money in the first year at minimum. Conclusion? Fair price for loans is 0.3 % daily. |
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Shorts up to 24541.
Hmm.
Swap interest rate on shorts up to 0.07% per day, long swap interest down to 0.094%
Wait a minute, you telling me I could loan out a couple hundred coins and be making .14 per day? That's more than I make from mining! What's the catch? Where's the risk? |
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LOL stolfi. Thank you for your pathetic attempts to provide imaginary "what if" scenarios for made up DOOOOOOOM, but we are growing impatient for the real thing. Fuck the eyebrow indeed!  |
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Is it just me? Or does $250 in 2015 feel a lot like $5 in 2012?
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OMFG bring back the newbie prison already!
A better alternative is Pay Per Account (PPA). Under the PPA model, traced by IP (or browser fingerprint), your first account is free. Your second a marginal cost, say $5 USD. Your third? $50 USD. Fourth? How about $500. Just increase the cost by a factor of ten for each account thereafter. Won't work. Too easy to spoof. Internet likes to find ways around attempts at censorship. |
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Firework time!!
Is this another pre-dump pump? |
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Are avatar uploads actually allowed? Or is Theymos just handing out random avatars for April fool's?
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This guy is a moron. Wealth doesn't come from nowhere. If the Bank of Canada creates money out of nothing to finance public works (or anything really), that wealth is taken out of the pockets of everyone who saves in Canadian dollars. This is why counterfeiting is illegal. If this guy wins his case, there is a mountain of money to be made shorting the loony. "That guy" is not a moron. He is a lawyer being paid to file a lawsuit. Apparently the government tried to get the case dismissed twice, and couldn't. https://youtu.be/q0IUl2UMwt4?t=20s^Even a 12 year old girl knows the current system is a scam. And if counterfeiting is illegal for our government, why is it ok for private bankers? Do you even understand the words that are coming out of your mouth you are typing? |
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I could not get all the charts in the same scale for a proper comparison, but my impression is that the large sudden swings still come from the Chinese exchanges, OKCoin or perhaps Huobi. In particular, those sharp drops that are immediately reversed seem to be deeper at OKCoin than in the other exchanges. I could understand them as someone dumping a lot of BTC at OKCoin, and arbitragers then transferring those coins to the other exchanges, where they cause smaller dips. Does it make sense?
Sure, why not? Bitcoin allows for some very efficient arbitrage, as long as you keep a ton of fiat in your accounts. You can top up or redistribute your bitcoin balances in minutes, but it could take up to a week or more to replenish your fiat. |
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Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.
Anyone want to take a crack at it?
I'm not a trader, but I'd like to submit a guess?  Am I close? Or just being hopeful? |
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Patience broskis. Next week will be dumpy. There is NO real evidence to establish that BTC prices are going below $240s. I am NOT saying that it will NOT happen, but seems more likely that we will get either sideways or up, rather than downward BTC price movement. What's the real evidence for sideways or up, in contrast to the non-real evidence for down? 50 paragraphs or less, please.LOL!  |
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