Yes indeed, and this is not even the volume in USD.
You can't count bot volume as market volume. There is no difference. It doesn't matter whether a trader's organism is based on carbon or silicon. He/it is still a trader and his/its liquidity is liquidity and his/its trading volume is trading volume. It's trading volume, but you can't extract any usefull informations about the market. If the volume goes up because of 0% fee, this is no bullish/bearish sign. These bots and 0% exchanges don't help to see any market trends. You can't see if there are more people buying into bitcoin or leaving the market, because the biggest volume is from bots. |
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Yes indeed, and this is not even the volume in USD.
You can't count bot volume as market volume. Same with huobi. That is no real volume. With low or zero fees there is allways I high volume, even if there are only 2 bots trading with 0.01 btc. |
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Well this is the dumbest thing I've seen in a long time.
He believes in jesus. What do you expect? |
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If the Hodlers keep running things so majestically, there's only one direction this baby can go.
No offense, but this forum has zero impact on the market. Hodlers with 0.5, 1, 10 even 100 coins don't change anything. The guys with 10k+ coins will decide where we are heading. And anybody should just wait to buy more coins till jan 31. With huobi gone, who knows what's going on. They are the market leader. |
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Only 63 MH/s Network hashrate. Cheap coins  |
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One of the phew constant miners at hotcoin pool xD i believe in this coin we just need to keep promoting it, the developer is working constantly on it My HTC address: HGcyudxa7pk7pyDZzRHuX82VcNruXriCoe Share some of the premined coins as gift to us miners for loyalty? were only 2 atm at the pool >.< i mine it 24/7 not that good equip yet but im waiting for some higher hash equip coming next week  My pool name is Style and i donate as well to the pool ^^, Keep up the good work ! Thx! 2 KH/s ? Do you mine with a pocket calculator? Even my lowend GPU Mining Rig CPU has more hashes per sec. |
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Pool is working again! But the coin is dead  Too much premined and lousy promotion. |
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Everything is fine and works. Good coin We need more hash power. Join pool http://hot.happyminers.net/Low level of difficulty - a lot of coins We need better marketing. Alles ist in Ordnung ? Hot.happyminers.net is on the wrong fork Current Block:27279 HappyMiner: 26956 Better switch the pool or mine solo! Current Block: 27340 |
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Thats just so so so so so so so so much stupid...
"He has to trust" another entity... OMG! How many people had problems with paypasl or visa buying some stupid clothes... and now... how many people had real problem just obtaining bitcoin...? The pros are heavily on the side of paypal and mastercard here...
The more i am here on this forum, the more i think a lot of bitcoin people are just out-of-reality :-(.
I have to agree with you. Most bitcoin users here are out-of-reality. They live in their world. They should leave their basement more often and talk to people outside of the tech world. The simple question is: Why use bitcoin at the moment as payment method? Can someone please list a few real pros compared to paypal, master/visa or bank transfer? Bitcoin as store of wealth or speculation asset is something completly different. |
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Yeah, why use Paypal? That question is legit.
Visa is something different -> it's faster than bank transfer and you can buy with "credit" -> pay later
Bitcoin doesn't offer any advantage over the existing solutions (bank transfer, visa, paypal) in case of buying clothes, ...
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Well, if both users use coinbase..
Bank -> Coinbase (user) -> Coinbase (merchant) -> Bank
if user already holds bitcoin
Bitcoin -> Coinbase -> Bank
And now explain the average joe why he should pay for clothes with bitcoin? He could just go the "normal" way with a simple bank transfer. No risks involved. With Coinbase he has to trust another entity. It's just more risks without ANY advantages for this specific task. |
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I believe in bitcoin and space travel BUT! I don't believe that we need these bitcoin fiat processors. They will replace the banks, but they do exactly the same. With Bitpay we have even more middleman than in the fiat system. Bank -> Exchange -> Bitcoin -> Bitpay -> Exchange -> Bank (Bitpay) -> Bank (Merchant) |
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make sure you support them Why? The use Bitpay... They don't handle Bitcoin themself. Sorry, but this is not worth mentioning. Everyone can accept bitcoin processed to fiat. |
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CHOOOOO-CHOOOOO: OVERSTOCK WENT LIVE !
That is not bullish. Overstock has nothing to do with bitcoin. They simply use bitpay and accept fiat  Bitpay sells the coins asap -» Selling pressure |
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Not only this, everyone could buy one simple usb miner and join for example p2p network. That would work too.
USB Miner without a ROI? Only the seller profits |
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So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.
My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier. Have you ever talked to non tech people? 90 don't see any advantage. 10% think it's a scam. Actually there is really no advantage for the average joe. Transfer large amounts abroad very fast, is limited by 2 transactions from fiat to bitcoin and reverse. A simple online bank transfer is faster and cheaper. Most people here are tech nerds (me too). But we are not the majority. |
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How likely is the scenario where in despite of "bad news" the market gets stubborn and bottoms higher than expected, therefore triggering more bullish movements?
Unlikely. But there are a few bots which push the price... The GOX bot was one example Some big owner don't want the price to fall. But even they have a price. |
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I'm allready betting. I'm buying coins. Don't care if the price falls another 100-300$. Buying when the price goes down is so easy. Just place a few bids all the way down.
Parting with coins is harder.
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We will be back above 1000 by end of day
Where are the bulls with bye bye tripple digits? Under 800 @stamp within 24 hours. Then panic selling kicks in. |
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Is stamp down?
For me down too What a crash failsafe. Just shut down the exchange. Probably they hired some GOX IT "specialists" |
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