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The delusion is strong in this one.
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Most traders and miners have price alerts set on their phones... As price moves fast, the bids/asks will change rapidly as well. There's no point in looking at orders far off from price action.
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MatTheCat will probably lose his shirt and sell out in the pre-bubble shake out (a la Silk Road).  I foresee a China related bear trap soonish. |
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EU traders can just switch to foreign investments and currencies. There's no need for them to buy bitcoin, especially the institutional ones see it as an obvious bubble.
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Something like this will soon appear on bitfinex:  |
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Check chart USD/Chinese Yuan for last 10 year.
The Yuan exchange rate is controlled by the Chinese government. It's not a free floating currency. It's a shit currency controlled by a bunch of communists. There's no way it will ever become the global reserve currency. |
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I dont think so, check usd chart last 10 year.
RUB went from 0.042 to 0.027 USD in 2008-2009. It's a banana republic currency and will never approach reserve currency status. |
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Not more, word is changed,
Russia and China now have powerful army
and they not more use usd, just national currency rubles and yuan for next 30 years,
for gas, oil and other.
Most people have more faith in the USD than the Ruble or Yuan. Look at what happened to the Ruble during the 2008 collapse.. It got hammered because the USD is the actual safe haven in times of crisis. If a similar financial crisis happens again, expect the Rubble to get hammered. |
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You guys realize that Bitifinex is looking at the $, which is what any exchange with half a mind would do.
Darkcoin has A Lot of buys/sell every hour, much less everyday. There are Buys in the 100s of BTC's.
Dark would bring Bitifinex a lot of new revenue...
Yes but I guess a lot of traders frown apon adding such a coin and will consider leaving this site. There aren't only upsides  The amount of traders coming in, with 100s of BTC and USD to trade DRK will far outnumber the # leaving because of ignorant reasons frankly.. Sure. Don't call them ignorant reasons please. 1. DRK is a pseudo-anonyous coin, that hides transactions (ofuscating) and thus makes anonymous transactions possible. If a government/regulation wants to ban those, Bitfinex could get more trouble than would have been neccessar.y 2. DRK has a way-higher volatitlity and lenders don't want to lend to such a risky investment with margin. We know that bitfinex says the money is guaranteed, but we all know that it is only backed by the funds stored on the site, if the total amount available drops below the amount owed to lenders, then they can't pay without running fractional exchange. Plus DRK may just be all hype with little sustainability. Adding DRK now would only fuel the bubble which is not healthy. If they are serious about DRK, they should just wait a couple of months. See if people are still interested in it and then perhaps add it. Now is not the best time. |
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this is not true,
money must have backed in something, oil, gas, other money, securities, gold, silver, .......
US dolar not backed and he is dead very soon,
Russia and China have signed an agreement for next 30 years and they do not want the dollar,
just Russian ruble and Chinese yuan.
The US dollar is backed by the world's most powerful army and is linked to the petroleum market. It's not going away any time soon. |
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Anyone noticed the shady sell off that occurred briefly after someone bought up all the USD swaps at bitfinex? Insider trading going on? Someone trying to orchestrate a long squeeze?
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Shorting then? No, I'm actually long and just observing price action. I just don't see how anyone would want to buy +1k bitcoins soon when these silly market leading Chinese exchanges can blow up any moment. |
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This is just a corrective B wave (bear market rally). IMO, unlikely to result in ATHs and a true bubble like last year.
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Price is climbing fast on low volume. I assume this means that there isn't many coins available on the exchanges? Are the big boys currently buying coins privately?
No, it just means that holders are getting greedy and not putting up asks. Once fear kicks in they all come out of the woodwork. |
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I am back  Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life. Good to know you did not capitulate in the 300s. Also, be careful.. this could just be a bear market rally that fails to make new all time highs. |
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He will ask his fed buddies to print a few 100 million dollars so they can naked short bitcoins to oblivion near his deadline. Only way he could still look prophetic with that whacky predication. |
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Altcoins will get their fair share of pumping if this truly turns into a bubble with many new comers looking for bitcoin alternatives. Litecoin wasn't pumped during the last bubble until bitcoin was well above its previous ATH.
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Satoshi's stash is firmly controlled by the NSA.
If you guys think that the US government would pass on such an opportunity you are living in a fantasy world.
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Silver getting slaughtered, long term 19 support gone.
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If gold drops to 1K again that will form a major resistance to bitcoin going over 1k. Just like last time it topped out near gold parity.
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