What if there is more to crypto than just pumping?   |
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Wow, just some incredible posts the last few pages; I'm seriously wondering if I've taken a wrong turn with crypto. Some of this conspiracy stuff about "the manipulator" is just plain ludicrous, I'm going to stop myself because I don't won't get into either a discussion/argument nor offend anyone.
I seriously believe a lot of you need to take a break from monitors and charts and analysis; take a walk in the woods, dance, talk to people face to face, visit another country. Find some balance.
Is it that much of a surprise that more criticial / conspiracy-seeing people (especially the hardcore early guys) generally are attracted to bitcoin, the trustless system? I have to admit I am a bit more on the conspiracy-seeing side of the spectrum as well (with naive believe-everything-you-are-told people at the other end). Finding a balance is indeed healthy. Efficient reasoning to differentiate bullshit and truth is even better. When reality is blurry/uncertain, people are more likely to fall back to their default mindset. |
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Total USD swap is $19.5 million, and less than $500k to 0.1%. A lot of people pull their offer or people find better alternative?
Yes, buying cheap bitcoins  . |
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we're either going to fall back to previous resistance and have it become support 330 or we pop over 350 pretty soon. we'll see there always secret option number #3 which i can't reveal at this time  My guess: hover around $335-350 for a little while, then blastoff to $375. |
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Nonsense. Long before Bitcoin was a thing, I dreamed of money with wildly fluctuating buying power.
I imagined a world where it took an hour to buy a cup of coffee, an hour to gas up your car, an hour to buy a bag of groceries... Because math.
Obviously you've never done any actual shopping with bitcoin. I have never bought a cup of coffee with Bitcoin. I have never gassed up my car with Bitcoin. I have never bought a bag of groceries with Bitcoin. It was just a dream... If you have and it took an hour, then those places seriously need to rethink how they accept their bitcoins. My payments go through instantly (zero confirmations required). |
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Volatility is a problem because btc is in its infancy. With increasing adoption the swings will be smaller and smaller
Why will with increase in adoption swings be less? Wouldn't it be more as more people will buy so demand increases? Throw a bucket of water into your bath --> bath water moves a lot. Throw a bucket of water in the ocean --> ocean doesn't move a lot. |
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Seems weird that international sepa proceeds instantly
Fiat rocks
Maybe we don't need Bitcoin after all.  Nonsense. Long before Bitcoin was a thing, I dreamed of money with wildly fluctuating buying power. I imagined a world where it took an hour to buy a cup of coffee, an hour to gas up your car, an hour to buy a bag of groceries... Because math. Obviously you've never done any actual shopping with bitcoin. |
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My quick and dirty valuation of BTC in 2020 is also based on M2. Not completely incomprehensible that BTC could be 5% of M2 by 2020, or $2300 or so per BTC.
When BTC starts taking bigger chunks out of fiat currencies, gold and bonds, you'll see quite a bit more than $2300 in 2020... |
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Looks like Final Capistupation Day to me.
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I don't really get this news, but it reads to me like it's just an online exchange, that accepts fiat deposits from multiple banks through Sofort. Not a big deal at all imho. In other news, thanks for the cheap bitcoins . |
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Is it just me or are people getting sick of the falling and starting to short bitcoin? Because I have this urge to short but I feel like I'm being manipulated... Is my tinfoil on too tight? Nope. Shorts getting squeezed. Doesn't the price go UP during a short squeeze? |
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Jesus never existed, he is and has not ever been. Not a single piece of evidence exist, just retarded, ignorant people, living in fear of reality think there is a god or super-being out there. You are just lustful, and greedy like all of us primates..
Can we please leave religion out of here. There is enough polarization on these boards already  . |
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Wasn't Gabi supposed to take us to the moon? What usernames were repeating that every day? Why do i never see anyone here saying they were completely wrong and delusional?
Do you ever stop whining? You seem very emotional about this price drop. He is the only reason why I still have hopes for a "perpetuum mobile" machine. If only there was energy to be harvested everytime another variation of 'You idiots - me so smart' was uttered. Why are there so many conspirationist in here? Whales and Illuminati my ass. Just a bunch of amateurs with greed in their minds and herd behavior. Chill, this is a looong project, not something to be retarded over. It will be fine, and it will be dandy!
Agreed. |
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And before anyone wonders, this of course is me I would  Whenever I see an Empowering post I see this face Total off-topic comment, but I think William Dafoe would have played a better Joker than Heath Ledger in The Dark Knight. But that's just like, my opinion... Dafoe has the face, but I doubt he could portray a Joker as realistic and interesting as that of Ledger, with all the little mannerisms. |
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And before anyone wonders, this of course is me I would Whenever I see an Empowering post I see this face  Lol, could you do me next? (unless I post too unfrequently to be a genuine Wall Observer character). |
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Let the games begin Too bad my internet connection is "Le Suck" atm. |
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Well .... art is overvalued. Especially those artworks made by the most famous of artists. I'll take a double spend (copy any day. I don't want a copy of a Bitcoin Agreed |
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you are not short selling a bitcoin at bitfinex
bitfinex is doing literally nothing when you short sell a bitcoin, other than taking profit on the spread. And then hoping you made a poor trade.
the only way bitfinex prices could actually affect other exchanges, is if other traders see the price is lower on BFX and decide to sell.
however you can be 100% sure that bitfinex is trading directly against its clients AKA you, exactly the same as the cheap Forex trading brokers. Some of them may try partially hedge risk by futures in FX, but there is no such luxury in bitcoinland, there is no solid counterparty to trade futures with.
for example, lets say most of bitfinex clients are long bitcoin on margin, say 3x long on margin.
Lets see the US govt accepts bitcoin as an alternative official currency for the US dollar in a surprise news release, and bitcoin moves to $10 000 within a few seconds of the news.
you can 100% be sure BFX will be broke and you can all kiss your money goodbye. They are not short selling, they are not hedging, they are taking money on the spread and then hoping you are all stupid traders.
You can borrow BTC at BFX to sell them. How is that not shorting? As for affecting other exchanges, that's what arbitraging is for. |
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Bitfinex charts stuck $427 Bitstamp Bitfinex $440 ? trading engine is barely responding. |
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trading engine feels congested
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