250 is the new 300.  |
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now it's finex' fault?
lel
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The volatility preference is not correct, for reserve applications. What most people dislike is value depreciation. Very few if any object to upside movements. For denominating obligations, howev er, the point is valid. That concern is readily addressed without reference to depreciating fiat, by denominating in a less volatile numeraire, whether crypto or some other commodity, converting according to a transparent rule. Contract in gold. Transact in crypto.
The main problem is that merchants are unable to hold the BTCs and have to sell them The can not be having their holdings to keep changing wildly. Imagine if volatility was reduced. Then some merchants might actually be tempted to hold BTCs, which relieves some of the selling pressure and helps prices. the main problem is that there is no incentive to use bitcoin to actually buy stuff, drugs and other illicit things aside. There will never be. I never saw BTC as a way to buy stuff, but more as a holding. agreed. now, all you have to do is convince other 5 billion of people that it makes sense to hold it. and then you can have your "mass adoption" bitcoiners. good luck with that! |
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The volatility preference is not correct, for reserve applications. What most people dislike is value depreciation. Very few if any object to upside movements. For denominating obligations, howev er, the point is valid. That concern is readily addressed without reference to depreciating fiat, by denominating in a less volatile numeraire, whether crypto or some other commodity, converting according to a transparent rule. Contract in gold. Transact in crypto.
The main problem is that merchants are unable to hold the BTCs and have to sell them The can not be having their holdings to keep changing wildly. Imagine if volatility was reduced. Then some merchants might actually be tempted to hold BTCs, which relieves some of the selling pressure and helps prices. the main problem is that there is no incentive to use bitcoin to actually buy stuff, drugs and other illicit things aside. |
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so much tension now but the real resistance is sitting at ~255.
lel
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bull brigade is out of the woods after a nice bounce. yes! 266 is just around the corner.
those were longs closing at 238 btw. there are plenty more where that came from.
general public is now at a turning point. not only criminals and drug lords steal them, even the feds are on it. better buy right now and secure your future!
I will add to my position gladly if we get close to 255.
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Even okcoin futures seem a bit slow or confused
i was expecting a lot more volume.
on the way down you will get it. 250 now reminds me of 300. |
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also, this story about feds stealing bitcoins shows the weakness of bitcoin.
yes, bitcoin is secure and everything, but what use of no-middle-man transactions when there is high probability that the other side will fuck you, because irreversibility.
if you cant trust a government agent nor a drug dealer...why use it at all?
escrow is too much of a hassle.
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I'm not sharing my ignore list, but I will sell it to the highest bidder.
0.5 btc min increment.
starts @ 1 btc.
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Wow. What a wanker that guy is. But at least I made no. 379 of 427.  yeah, when I saw the neverending list I instantly put him on ignore. .... ok bulls, let's work together. this is the plan. you place some medium sized support at 245, we dump above it and talk shit about double bottom at 236. till we dump on you. lel |
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This thread has turned to absolute shit. What a shame. 90% of each page is ignored But if Tarmi is still around in a few months I'll be more than happy to quote him this I think that it has much potential to go to into lower 100 $ territory, yes.
you can put it in signature if you like. or hang it in your office. you have my permission. I will be still here, why would I leave you bitcoiners? I am making good money from this and having some good laughs in the process. |
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is that monkey still talking about false promises?
oh, the bitcoiners irony.
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sorry, most of you annoying noobs are on ignore.
Good idea, so where will there be a solid bottom, ~180$ or ~135$, your opinion m8? I think that it has much potential to go to into lower 100 $ territory, yes. |
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sorry, most of you annoying noobs are on ignore. oh, did you notice how price goes up a little bit and usd swaps go down? |
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empowering, inca and fatman3001 on one page...
time to short...
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Is it time yet to post spaceships and trains?
yeap, and you could start babbling about the double bottom we just have found. lel |
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... No, the smart thing is to buy and hold. More precisely, the other traders buy and hold, while I sell. Quoted for future reference, the first evidence the JorgeStolfi currently has or had bitcoins. One can't sell if one has 0 BTC, any attempt to do so results in "Invalid order: not enough balance" message. yes you can. you can short sell it. Yes, if Jorge has fiat on an exchange and actively shorts bitcoin. He should clarify this, but he didn't say "while I short sell". that's like a figure of speech. just like I did and said we*. *"we" who hold bitcoins. |
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... No, the smart thing is to buy and hold. More precisely, the other traders buy and hold, while I sell. Quoted for future reference, the first evidence the JorgeStolfi currently has or had bitcoins. One can't sell if one has 0 BTC, any attempt to do so results in "Invalid order: not enough balance" message. yes you can. you can short sell it. |
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but losing $ on fees and backwards trades (you're welcome) trying to not get caught with my pants down on potential dumps / pumps ... can we just get severe up or severe down movement and not more days of this shake shake shake crap yet ? no, we must maintain this illusion of a perpetual rally-big pump coming up, so all of you noob traders could carry some of our heavy bags. if you lose some $ in the process due to the fees and sideways movement even better. exchange operators and day traders are grateful. I guess i've been extremely lucky on the most part with 1 fuck up from last night. I didn't close my short before it popped back up, so I missed out on 2-3 btc profit.  &  |
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