Marcus promoting an Orwellian, digital only slave currency while fantasizing about a Polish jewess, it all makes sense now.
Roach, Roach... we know you're going to turn from Kafkian ungodly filth-dwelling beast to a real prince as soon as a Jewish princess agrees to kiss you! |
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Whoa, elephant in the front room here people .... HSBC Barclays Capital Sec. Morgan Stanley JPMorgan Credit Suisse Goldman Sachs Danske Bank all listed as participating in this swedish traded bitcoinETN! Isn't that the big news here? Large multinational banks and regional banks are involved in the bitcoin market!! Not long until they allow ETFs in london and NY/SF unlesss they want to be left as trading backwaters. Only matter of time also until they put it on the major currency trading platforms where these guys usually play. That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings". |
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Just a rumor for the time being, but it's being said that Bitpay now supports BCH. I never used Bitpay myself. Reliable sources would be welcome. If that's true, it could lead to a handsome BCH price increase - I still have over half of my rainfall...  |
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bears probably didn't have their final say yet. so be cautious   This. I am expecting a sssllllloooowww ramp up to 5k. This leg up has been too fast. The volume was there, sure, but I'm wary. We might be in for more dumps - even a deep, sub-3000 plunge. The tree can be shaken again, so that fruits held by weak hands may fall down. |
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AltcoinCash still slipping at $409USD/$497CAD (Coinmarketcap).
And, what matters more in my opinion, the peg to bitcoin is loosening. Kraken's day range is ฿0.10114-฿0.12720, actually trending towards the minimum (฿0.11400 right now). Someone up there is getting low on cash/BTC? |
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(SNIP)
Then there's the issue of mining consortiums: how are they going to foot the bill? They will need to pay for their electricity in RMB, and China's capital controls aren't helping here. At this point, I consider it likely that one or more mining consortiums will stop operations as well, sending further shockwaves. Again: I consider it likely, there is no reason to be sure about this at all.
This might not be a problem for the miners. The government - or the local goverments under the thumb of Beijing - kept subsidizing cheap electricity for them all along. I suspect there are deals in place to allow bills and live costs to be paid via YuanTether. Don't think the government wants to throw the whole mining thing to the dogs. It's a strategic sector where China has world leadership, at least for the moment. It would be quite a dumb move. They must have thought this over. YuanTether will likely play a key role, as someone else - empowering if I'm not mistaken - said a little above. Maybe some state-sponsored ICO or cryptocurrency too. We'll see. Last but not least: this is 2017, not 2013/2014. There is newer tech out there, and real competition as well. The crypto funds that invested in BTC are not guaranteed to keep BTC in their baskets, or at least in the same ratio. There will be funds out there that are re-evaluating what they really have in their hands right now - and they will start weighing the value of recent changes in China.
The derivatives that will debut this fall will need real BTC for clearinghouse reserve collateral. There will be futures - and maybe options too, I'm not sure on the details. They applied, they got approved. They can't fuck up by not setting up proper financial backing. I am confident they will be last call buyers. Even more: I believe they just filled their pockets on this sale and are ready to get more at a discount if/when it happens. |
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Hello, I'm having trouble with verification. I sent you a private message because my emails to support have been unanswered for over a week.
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Who sold at the bottom?
bottom ain't in yet I've bought at the bottom. It's already in. I'm ready for new ATH next month. Not sure where the actual bottom is this time. For all I know (or care), OkCoin and Huobi have a meeting with the regulators tomorrow, and they might say they're closing down too. Bitcoin could have another leg down to 3000. The last squeeze of milk from this particular cow's (f)udders. Whatever. I already bought almost more than I can afford anyway. Slight capital reallocation? Missing out? I guess I'm good anyway. The slow climb back is due very soon. |
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I don't know Why but i Just want to make same ATH guess like last time Rules ....: the one with the right date of ATH gets .25 btc paid directly (UTC time) (closest to ATH.....) I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st) Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time..... So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st) Both answers to win must been inside before 20-09-2017 Goodluck to the ones that like This  I'd say November 6th. Why: the next ATH will likely be in the 6000-6800 range. Most technical analysts (not that I am one) think it will take 4-5 weeks to recover to 5000. I am guessing there will be some consolidation/ups&downs before the previous ceiling can be broken for good, and a couple weeks more for the upward momentum to let up so the ATH is fixed. I picked the 6th because it's a Monday - a good day for ATHs. |
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All the altcoins also took a big hit with AltcoinCash down to $421USD/$513CAD (Coinmarketcap).
I prefer to gauge BCH against BTC, and it almost looks like they've been pegged since over a month. A lock that seems a little artificial. |
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It's time to que up the avalanche of retard pumpers that know absolutely nothing about cryptocurrency to spam the boards with their cut and paste slogan "blockchain is here to stay". Since it's not even possible to create a decentralized cryptocurrency in the first place (all are designed to centralize), nothing could be further from the truth.
Yea, they might live on as federated chains run by corporations and govt, but who gives a shit about those. Bitcoin died the day the first asic was created when it could no longer be mined with normal, off the shelf, commodity hardware. There's no point screwing with this garbage over real money now (physical silver).
I missed you too. |
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Finally someone with a brain speaking:
"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"
How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)
My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down? imo, under $2k easy I was asking people with at least half brain. but thanks. lols fine gd luck ,hahaha...maybe it will goto $1k ShroomsKit_Disgrace, you don't understand. The first reply "$2k" was on FULL BRAIN! Then you mentioned "half brain" again and the poor lad shut off half of the poor thing. So the next answer is... unsurprisingly, half as much. |
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Dump led by china again. News they they have that we dont have or more manipulation ?
NYT and other news sites report that regulator issued "verbal instructions" to exchanges that they have to shut down. https://www.nytimes.com/aponline/2017/09/14/world/asia/ap-as-china-bitcoin-shutdown.htmlFor the lazy BEIJING — Two Chinese business newspapers say regulators in Shanghai, the country's financial center, have ordered exchanges that trade the cyber currency bitcoin to shut down.
China Business News and 21st Century Economic Report said Thursday regulators gave verbal instructions to operators of platforms to close but gave no other details. That followed a report last week by a business news magazine, Caixin, that regulators had ordered a halt to trading.
The Chinese central bank has not responded to questions about the future of bitcoin in China but last week banned initial offerings of new cyber currencies. Central bank officials have warned that bitcoin trading could be associated with fraud.
China was one of the world's biggest markets for bitcoin but trading volume has declined as regulators tightened controls.
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 wtf!Paranoid thought: Bitmain setting things up for maximum damage when they retract miners at forking time? |
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i'm thinking to , to buy some more but when ?? maybe little now and see what the price will do  Yes, calling the bottom (or the top) is a pointless exercise. Better to be buying on the way down (or selling on the way up), but a little at a time and careful for quick reversals. |
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Who sold at the bottom?
Come on, calling it so early? There's still a little way to go IMO. BTW - I didn't. I spent a ridiculous amount of my fiat that was waiting for THE dip. Some more is waiting just in case this was just a pre-dip (not so ridiculously much though). |
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Isn't it *nice* having this much vocal influence? You just open short positions, and say some nonsense FUD about Bitcoin and enjoy the profits. Unfortunately, Bitcoin as an entity itself can't fight back about those defamatory statements.  Just wait until the dreadful honey badger wakes up... |
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So smug and so wrong. What a combo Is THIS what you did with our pants?...you bastard! I think he was just helping us not to shit them. As if there was any need... Maybe we should ask Jimbo what he thinks about this correction. |
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I would like to take this moment to congratulate myself on becoming legendary today.
I have been spouting bollocks for 3+ years and pretty much none of it is of any use to anyone so well done me.
i am a mean hodling mother f**ker.
Congrats, RJ! A legend!  |
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