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You guys have an insane amount of features! Its like Bitmex combined with Binance and then some. wow. wishing you the best!
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used once before with no problem. now every time i enter the code is says "code incorrect" try via phone call and sms. stop wasting my time
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You can't move, sell, verify or store physical gold without a huge amount of hassle.
There's no point making this comparison.
They stuck a paper market on top of gold as otherwise there basically isn't one.
That's not the case with bitcoin.
Dude, CME and CBOE are implementing the exact same methodology as gold futures. The paper contracts are settled in cash. Next to no BTC is involved. Its a moot point. |
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These futures contracts are the same as Gold futures contracts. First, its all paper and settled in dollars not BTC. More importantly, if you look at the Gold Futures market there are more Gold contracts than gold available: 542 contracts to 1 ounce of gold.  The net effect is artificially keeping gold prices suppressed! If they overhaul that system and settle in real gold or mandate 1 contract per available ounce. gold price would skyrocket! They are perpetrating the same scheme with BTC paper futures... the net result will like lower the institutional demand for BTC! Not the big upward pressure on price you would expect.  Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino... https://www.moneymetals.com/news/2016/05/16/silver-gold-futures-market-000868 |
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1500 pt drop just like that?! Nobody in there right mind dumps enough of their BTC holdings to cause a $1500 pt drop. They sell slowly into the upward trend.
so whats up then?
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So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all?
Many financial assets are currently in a bubble. That does not mean that Bitcoin is not in a bubble. Do you know the real cost of a Bitcoin transaction? Hint: For now, it's almost 95% subsidized by miners because they still manage to make profit. But ... is this sustainable? Bitcoin is huge, Bitcoin is the biggest innovation of the last two decades. But technically it's still in its infancy. If only every US citizen bought Bitcoin now and stored it in his/her wallet, do you know how long they would have to wait until everyone had his coins confirmed?* (Because of this fact, I think that a second "Gox" is possible without problems, because 90% of all "investors" have their coins on exchanges, I'm sure.) *about 1,5 yearsYou are so right. That is why i think sooner or later bitcoin will be supplanted by something else. Maybe Ethereum, maybe one of these ICO's that got hundreds of millions of dollar to work with. While they currently have their problems, Tezos is sitting on $500m in working capital and rising. |
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The worst bubble of all is fiat currency / the US dollar especially. When that bubble burst, and it will sooner or latter, they will all run to decentralized money. We are going to become extremely wealthy!
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This awesome article puts everything into perspective. The main stream media is lost. The Asymmetry Of Bubbles: The Status Quo And Bitcoin http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoinDo the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.) Me thinks that the money from those bubbles will flow into Crypto! |
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Just change it to Proof of stake. Problem solved. Not to mention who knows what other advancements will be made by then.
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Lets put things into another perspective and further explore ways how BTC price could be arbitrarily manipulated. Assume that the rumors surrounding Tether are true. Imagine I can arbitrarily print X millions of USDT - create value out of thin air - convert NOTHING into SOMETHING. Next step, I use those millions to buy BTC - create X qty of BTC out of thin air - convert NOTHING into BTC. Final step I cash out when BTC price suits me thus converting NOTHING into REAL MONEY.  I just read more on the Tether/USDT issue and the "audit' that is not really an audit. I think with all the bad press re tether that they are at the very least raising the eyebrows of regulators. Especially with talk of a possible link between this 1000 pt flash crash and related volatility. Probably will hear news about an official inquiry soon. Hopefully we have nothing to worry about. |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. But you can't forecast fluctuations. You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. yes you can . google "technical analysis". That's nonsense and you know it. Technical analysis is a backwards-looking tool trying to understand the psychology of market moves. If I see a shoulder and a head, there might be another shoulder, there might not. It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal. oh ok *rolls eyes* thank you for clarifying that for me. we all know how you dont make a living now. have a nice day with you .023 btc holdings There's no need to be nasty. If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits. No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact. Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading. There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls. The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living. Because they have access to information BEFORE the general public does. Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file. And your patronizing comments are simply not necessary. Congratulations on your financial acumen... So you are saying the tens of thousands of people in the financial services industry get inside info BEFORE everybody else?  And that is how they all manage their portfolios? In the 80's everybody went to jail for that. Maybe you should watch the movie Wall Street. 5 academy awards. Insider trading is highly illegal and trading patterns are scrutinized by the SEC. So no they do not have info before everyone else. Sorry. That's right, I forgot that there is no insider info and wall street never does anything illegal. Maybe you should wake up just a bit. In the 80's everybody went to jail? That is factually incorrect. And in the last crash? Lots of shananigans, not one prosecution. I'm not saying they are all skirting the law, I am saying that there is a lot of corruption and a lot of "insider" advantages that they have, that we do not have. Again, the point remains, if you're so damn confident in your techanal, why don't you tell us exactly what the price of Bitcoin will be next week? It's because you can't. You don't know, and you won't admit it. You are simply spouting off. Need a hug Bro?  |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. But you can't forecast fluctuations. You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. yes you can . google "technical analysis". That's nonsense and you know it. Technical analysis is a backwards-looking tool trying to understand the psychology of market moves. If I see a shoulder and a head, there might be another shoulder, there might not. It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal. oh ok *rolls eyes* thank you for clarifying that for me. we all know how you dont make a living now. have a nice day with you .023 btc holdings There's no need to be nasty. If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits. No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact. Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading. There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls. The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living. Because they have access to information BEFORE the general public does. Techanal (not rocket science, btw), fundamental analysis, access to the market movers, it's simply having and being able to act faster on information than the rank and file. And your patronizing comments are simply not necessary. Congratulations on your financial acumen... So you are saying the tens of thousands of people in the financial services industry get inside info BEFORE everybody else? And that is how they all manage their portfolios? In the 80's everybody went to jail for that. Maybe you should watch the movie Wall Street. 5 academy awards. Insider trading is highly illegal and trading patterns are scrutinized by the SEC. So no they do not have info before everyone else. Sorry. |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. But you can't forecast fluctuations. You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. yes you can . google "technical analysis". That's nonsense and you know it. Technical analysis is a backwards-looking tool trying to understand the psychology of market moves. If I see a shoulder and a head, there might be another shoulder, there might not. It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal. oh ok *rolls eyes* thank you for clarifying that for me. we all know how you dont make a living now. have a nice day with you .023 btc holdings There's no need to be nasty. If your techanal works so well, I assume you must own about 100,000 Bitcoin since you were able to so perfectly time your entries and exits. No, the fact is you are as helpless to market forces as anyone else, and can only react after the fact. Well actually I dont have 100,000 btc but I do use tools such as TECHNICAL ANALYSIS and make an above average living trading. There is a whole world out there you dont know about. How do you thing hedge fund and mutual funds managers make money? Go to sites like motleyfool.com + investopedia.com and educate yourself. You will be surprised what you can do with a little knowledge and a few hundred dollars in BTC and a lot of balls. The first week I heard about bitcoin in 2013, I traded $200 on a margin site and turned it into $1200. I have not looked back since and that is now how I make my living. |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. But you can't forecast fluctuations. You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. yes you can . google "technical analysis". That's nonsense and you know it. Technical analysis is a backwards-looking tool trying to understand the psychology of market moves. If I see a shoulder and a head, there might be another shoulder, there might not. It's iffy in standard stock analysis and positively problematic when trying to make Bitcoin price guesses (and that's all they are) based on techanal. oh ok *rolls eyes* thank you for clarifying that for me. we all know how you dont make a living now. have a nice day with you .023 btc holdings |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. But you can't forecast fluctuations. You can forecast the reality of volatility, and profit from it, but regardless of whether there are a few whales making big moves or some kind of manipulation by entities or something else, you will only see the after effects of those moves. yes you can . google "technical analysis". edit: https://www.investopedia.com/terms/t/technicalanalysis.asp |
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I think these are very good points being made, but I would also just add this--ultimately, what difference does it make what, precisely, drove the market so high so quickly, and what, precisely, drove it back down? No one here has any control or influence over these moves. In a way, it's kind of like speculating about how many angels can fit on the head of a pin. It might be wise to take a broader outlook, namely, we DO have past performance to look at, we DO know that Bitcoin has always been volatile and most probably will continue to be so in the forseeable future. It's something we can accept and perhaps even profit from.
The better you can forecast fluctuations, the more profit you can make trading futures. The more you money invest, the more important it is to understand what factors are in play. I like volatility. That where I make my profits. |
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Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
Have a look at the theory that USD Tether and Bitfinex are manipulating the market. It's not certain, but some decent reasoning about it is outlined s/amp.reddit.com/r/Buttcoin/comments/7g05rk/bitfinex_admits_tether_has_no_usd_backing_there/]here, and it's possible that they would have more power over the market than it appears on the surface. PLUS another say 50x that on the margin side just on the way up. Then ANOTHER 50x that on the way down margin trading.
There's a lot of discussion about the possibility of Bitcoin futures trading from major groups. If it happens, that could certainly open the gates for some pretty crazy manipulation. Currently, it's also quite hard to get very significant margin on BTC (understandably). If I was them, that is what I would do. Push large sums in and out just to determine how fast and how much money is actually flowing in.
Don't you think the existing statistics on volume (like on coinmarketcap) would be enough for them to analyse the market before orchestrating something like that? That post on tether is interesting! It sounds like we are at the mercy of the guys that are behind it. Hope they are honest. Bitcoin futures can already be traded on at least a dozen site. Bitmex.com probably the best and largest $3,000,000,000 traded in the last 24 hours making it the larget btc exchange in existence. $1m btc with 50x margin = $50m to trade . If the market moves 10% that would be a $5m profit. So the above example means theoretically somebody with enough cash to move the market up 10% and then back down 10% can make a huge profit $5m x two. And you can trade up to 100x leverage on Bitmex. I think if you push enough volume in and out, you can determine how many $$$ moves the market what % . Armed with that info you could lots of things depending on who you are and what you want to do. |
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im looking for a drop to between 7500 and 8200 + or - within a week then the fun begins again  ....ok maybe in a couple of day. I love this |
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im looking for a drop to between 7500 and 8200 + or - within a week then the fun begins again |
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The powers that be have a tremendous amount on the line so the theory is not far fetched. . If I was them, that is what I would do. Push large sums in and out just to determine how fast and how much money is actually flowing in.
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
They would stand to make a killing on the pump PLUS more way more profit on the margin side in the process.
Say it took $100m (guessing on the amount) to pump the market 10%. They would make money on the pump on a regular trade PLUS another say 50x that on the margin side just on the way up. Then ANOTHER 50x that on the way down margin trading.
There is always an underlying explanation for volatility.
.......
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