I wish these charts could use stamps data Um, weren't they talking about Gox? thats the problem
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I wish these charts could use stamps data
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FTFY, the value has yet to be realized in the form of computer chips and door stops.
About 78% of the gold consumed each year is used in the manufacture of jewelry. 1all this time i thought door stops and paper weights was the main use of gold bars.
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Gold save the Queen ! she needs to diversify into bitcoin!
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I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that ...interesting, to say the least are those gold bars a KG each?? yes but only the top layer is real the rest is filled with tungsten No, they are 12.4kg each, and called 'Good delivery' 99.5% pure. Yes. And each of those bars is worth about 400.000. so we are looking at a butt load of value here.
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I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that ...interesting, to say the least are those gold bars a KG each?? yes but only the top layer is real the rest is filled with tungsten
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I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that ...interesting, to say the least shes looking at those bars thinking what % she will sell for bitcoin. look at her face its OBVIOUS!
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Wolf of Wall Street isn't about wall street at all. It is about drugs and sex and lots of partying.
sell all the drugs!!!!!!!
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OMG its true sell everything buy all the bitcoins!
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fire works set to blow in < 24hours.
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Not much happening for btc.. Im happy as it stays like this till afther the 31th, then in february the moon. Maybe we can meet doge there, much speed, very wow.
ya the 31th marks an important date for bitcoin, the picture will become clear, the moon will shine bright, and the rocket will be prepped for take off.
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There's a very obvious Occam's Razor-style explanation for why the price hasn't appeared to be so news-sensitive. Maybe it's really been reacting mostly to fundamentals all along, and our consensus of relating it to news is just ex post facto attribution error?
the market tends to get ahead of itself, the reason we arent reacting to the news is because we expected this news and priced it in before it happened. Now is the profit taking period, poeple that bought a overload of coins expecting higher prices are selling them off at a fair price for a sizable profit. they took a risk and its paying off, this is good stuff. once the profit has been taken and the next wave of buyers come, prices will rise to a new level of wow.
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Why are you paying interest to borrow btc when you have btc you could just sell?
It is a question of allocation of funds. I don't own any BTC at the moment. Infact I owe 18 BTC. What I have are funds spread across two exchanges; Bitstamp, my main exchange and also Bitfinex which allow for market corroding parasite rat antics such as leveraged speculation. To get funds onto Bitfinex, I buy Bitcoin on Bitstamp, and send it over to Bitfinex where I change into USD to provide liquidity for my short positions..... .....I only learned that there was an exchange offering this service just recently. It is not that often I am certain about which way Bitcoin is going to move but right now I am pretty fkn certain that shorting is best course of action over next day or three....might not be a whole lot in it (i.e. another rebound at $760-$770 level), but I am totally convinced that if there are any speculative gains to be made in the immediate future in Bitcoin, it is on the short side. did you not see the memo? I really hope you are able to cover with some profits, I have also taken a defensive position, in these uncertain times...
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The crash already happened, have you forgot December?
Bear market ends after Bitcoin has well undershot the 200 day EMA and has started to move back above it. We are sill well above the 200 EMA. Infact, it would take a 60% drop in price to hit it as things currently stand, but if the last two Bitcoin crashes and post crash correction periods are anything to go by, hit it and indeed undershoot it we most certainly will. Bear market ends when i say so, none of this TA crap matters, thats the bottom line.
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Is this chart true or did OP just make a random excel file?
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Moon coin, Doge Coin? to which are you referring? bitcoin f all the other coins.
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If the twins open their Bitcoin ETF I can promise you that more than $36M will be purchased every day. There are a lot of dollars out there.
There is no limit in how much energy can the Bitcoin network use. And there is a nice linear relationship between its price and its energy usage. More speculation will not help things, it will only make it worse. The only possible long term stable state is where the energy used is the same as the amount of "value created" by the network. Inflows of speculating cash do not create value. What does create value is enabling financial transactions to be cheaper than before, or even where they were not possible before. Speculating actually hurts that goal. Speculation give this "value" a dollar price. its kinda necessary...
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