Trump has fuckall to do with the price. The hell is wrong with some of you?
He managed to blip the dollar with a single tweet. Can you imagine what would happen if he gave Putin a toe job on Russian TV and then slipped Alpaca socks on his glistening feet? |
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I'd like to ask the experienced guys here why the ATH is being mentioned after a reasonable increase today? Haven't we seen this over and over again and then we get battered.
Aren't you yourself experienced enough? Even the grittiest poster here squeals 'mooooon' when it goes up $5 and then 'doooooooooooom' when it goes down by a similar amount. We're all a bunch of flighty schoolgirls while the real beasts lurk in the shadows. |
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I don't believe there are any more than a handful, or absolutely no, big time investors involved with Bitcoin. That doesn't mean Trump's moves won't be used as inspiration for future pumps and dumps by the usual bunch.
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This is because chinese traders have a keen interest in NEM. Maybe it's not as secure as u have been told.
Where's the evidence for that? I haven't seen or heard of many peeps out of China, plenty elsewhere in Asia though. The Chinese seem to be more conservative when it comes to alts compared to other bits of the world. |
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Nope. It was blatantly too fast a rise to hold but I couldn't be arsed to crack open my cold storage. And paying the capital gains would've wiped out most of the benefit of buying back lower. I could of course have sold and bought back on BTC-e but they make me feel funny in my tummy.
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the people who wanted out at 1200 could have left last week ,personally ,i wouldnt dust off my cold storage for anything under 10k
(even when we reach 10k il probably only sell about 20%)
Indeed. Reaching multiple thousands and, most importantly, staying there is when it's time to start rethinking whether you should ever sell. It can potentially scrabble around between 400-1200 until the miners give up with no more fresh blood. If it goes above and stays above then that means demand has notched up a level while production is winding down. That only points in one direction. |
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The chinese exchanges were a systematic risk. It was even mentioned in some of the comments to the SEC that the exchanges could be used to manipulate the price. Clean that up and all of a sudden we have a greater chance of being aproved.
Very possible I suppose, but they haven't even started to clean and lord knows what might be uncovered. It would also be a fine demonstration of how the SEC would be green lighting and endorsing something they effectively have zero influence over. They can save your botty from US stock market shenanigans. There's nothing they can do to stop there from being 17 chains all claiming to be Bitcoin a few months after approval or an even shoddier exchange setup abroad taking the lead. |
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I put a hope on the "auto-approval".
Them doing nothing? No doubt there'll be a vast array of opinions on the subject. I'd say these are the very last applications they'd stick on their pile and forget about. |
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I don't think market behaviour like this will look too impressive to the SEC pondering ETFs right now. Bitcoin has lifted her skirt to reveal a sloppy pussy, or double dick arrangement, or even BOTH.
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No we should thank them. They are cleaning up their exchanges and at the same time the risk of China baning bitcoin is highly reduced. If you wanted bitcoin to ever succeed this was the best that could happen imo
Be quiet, you weed.  |
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What can be done to overcome this?
Proper and widespread adoption is really the only thing. There still isn't a great deal of that. Also, most 'real' buying especially for first timers does not take place on exchanges. They'll go to a buying service like Coinbase or Localbitcoins. This leaves the long term residents of the exchanges firmly in control of the price. |
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Same here. I set aside a small percentage for trading, but the vast majority is in cold storage. I am going down with the ship, if btc goes bust. I might start selling a bit at 5K+
I certainly don't plan to go down with the ship, but if by 2020-24 there's still no prospect of scaling, better exchanges, clarified government positions and some actual adoption then I'll be off before the iceberg looms. |
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God knows how someone who hodls a huge amount is feeling. I have a reasonable amount and it hurts even though I don't trade or plan to sell anytime soon.
I don't have a vast amount but I feel nothing. I'm waiting until 2020 or so to see where we're at. I think by then it'll be clear enough whether Bitcoin has a long term future or not. Until then it's all short term adventures. |
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is this the fear level of bitcoin??
Not particularly. It's boredom. Bitcoin traders, you are flighty pussies who need slapping upside the head. If we get another 3 years of nothing I'm spending my BTC on assassinating every single one of them. |
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I had a copy of this once upon a time. It was the dullest fucking read I've ever come across in my entire life. How it contributed to motivating an entire nation into becoming heartless psychopaths is beyond me.
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Realistically do you think Satoshi is that much of an idiot that he'd just dump his coins? I'd think the founder of bitcoin had a brain to not crash the market but I guess you think otherwise.
I do indeed. Satoshi posts in the yobit trollbox. He said there he's waiting for the right moment. All 1 million are in his yobit account and they're all going on sale at once '4 da fekkin' lulz' to quote him directly. In fact it's more than 1 million now because he did the Gox hack and runs all the piece of shit ICOs on here too. He trolled the planet. |
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I always told myself on the off chance we ever reached $1000 again I'd sell. Now that we've blown past I have no compass.  That would be a tad daffy but do what makes you happy. I have a feeling that it would make you very extremely unhappy later on in the year but who knows? |
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I'll be topping up fairly soon. Its near relentless fall from the heavens has been pretty darned impressive to witness. I have absolute faith in NEM's future. There's nothing out there quite like it. I just find it slightly bizarre how few other people have caught on when utter junk races to outer space.
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Thanks. Looking for convenience and low fees really. Used to use Stamp but the bank fees and appalling FX rate was killing me. I've bought from bitbargain, three years ago as I was learning about BTC, but selling would be a hassle. Will look into Kraken but anywhere abroad will probably use SEPA, which incurs vast penalties. I've got a friend who uses LocalBitcoins, but I don't like the idea of waiting around and doing it all manually.
Basically the banking sector here sucks with regard to bitcoin.
Try Bittylicious? I've no idea what it's like as a seller but they're superb to buy from. I'm not sure whether it's in any way automated but try asking them. You get a juicy premium too. |
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