Mark Karpeles is part of the cast. Seems inappropriate now.  |
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He is either scared or trying to lower the price to buy some/more BTC. He was always a pretty intelligent and shrewd investor before Bitcoin came around.
He already owns 1500 BTC  http://www.youtube.com/watch?v=-E2VNe6Urbo |
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Most bitcoin exchanges profit from squeezing out margin traders and other methods of market manipulation.
With regulation, most of their profit is gone.
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He is quitely selling your coins on BTC-e and Bitstamp. |
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I think this could be a great idea if you were the central news source sending out text messages with IMPORTANT updates.
I'm home almost all day, and hardly miss any news as reddit or twitter is usually up, but when im not home id love to have some updates sent to my mobile instead of having to stare at the small screen and hurt my head trying to read a lot.
Big news usually starts as a rumor, followed by denial, and then confirmation by an authority. This happened during the China crash with leaked weibo messages and the Gox crash with leaked documents. Central news sources are always late waiting for full confirmation, by that time most of the market action already occurred. |
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Usually there is insider trading before announcements are even made. The Gox fiasco was full of that, so using simple price alerts is almost as efficient as this system..
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Goxcoins being dumped on market.
BTC-e & Huobi being the next Gox or shut down due to fraud investigations.
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There's not much of a difference between the euro and usd. They fluctuate in rather predictable patterns against each other (1.2 to 1.5 range for years now).
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Market cap of bitcoin makes it increasingly harder for pump and dumpers to pump it.
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Bitcoins in the past 3 months has been one of the worst ways to increase your fiat. In the past week I have seen stocks such as Plug, FNMA, and FCEL increase 2-3x their value in a week and drop that much in a day. These aren't penny stocks either. Mat the fact that you emphasize constantly that you have put your hard earned money into the bitcoin market and is deathly afraid of losing any or all of it is a joke. You are a wanna be day trader that for some reason chose bitcoins as your method of accumulating more fiat. There are better investments out there that can double or triple you money in a day and only happens from 9:30 to 4:00.
Indeed, the stock market is looking more and more interesting than bitcoin these days. Plug reminded me of bitcoin in November, so I shorted it at 10 all the way down to 7 yesterday. |
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His NSA buddies are sending him some money for all the troubles. |
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Noobs ARE the ones, whose behaviour can be analysed and predicted with TA.
HTF makes markets more volatile but that's not bad. More trading = more "quick" liquidity
Nope, the more noobs you have and less pro-traders the charts resemble traditional TA less and less. Just compare the early days bitcoin chart to the current one. |
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It would make technical analysis easier, as the chart resemble traditional TA more, and less noobish spikes up and down.
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They should have called it the Anti-Goxing licence. |
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We may be disagreeing on definitions then. I understand usury as something that unfairly enriches the loaning party at the expense of the one taking the loan. Would you agree with this?
If you would, then lets have a little thought experiment: Alice wants to borrow 1000btc from Bob. Bob is a nice guy and decides to lend Alice the 1000btc and not even charge interest for it! When it comes time to repay the 1000btc that Alice borrowed what number of btc (the currency in which the loan was denominated) would it be fair for her to repay?
A) Greater than 1000btc (strange since Bob didn't ask for any interest)
B) 1000btc (as per the terms of the loan to which they mutually agreed)
C) Less than 1000btc (in which case Bob has lost money on his loan)
The problem is that at the present almost nobody receives wages in bitcoin nor do living costs correlate to bitcoin prices. Unless Alice is using that 1k BTC loan to fool around with altcoins, most other economic activities are totally unrelated to bitcoin. So, if she took that loan and used it in the 'real world' she effectively got goxed (screwed over) even if no interest is charged. I would consider this usurious. |
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This doesn't make sense... at all. Was it usurious to denominate loans in just about any currency but the german mark in the several years following world war I since those same currencies went "to da moon" with respect to the mark? How about denominating loans in any currency but the Zimbabwean dollar during its period of hyperinflation? Just because one currency outperforms another does not make loans denominated in the more successful currency usurious.
A 1000 BTC loan in 2011 that had to be paid back today, would be considered usurious by any standard of the definition. Taking mid-to-long term loans in bitcoin - if the trend still holds - is the most usurious thing ever. |
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I made quite a bit of money shorting bitcoin frequently throughout most of Q1 of 2014. Not complaining.
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I used to recommend buying bitcoins to friends and relatives when bitcoin was in the 25 to 100 USD range, but at current prices I don't bother anymore.
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Indeed! Although religion, free from logic, does not have to follow its own rules. Isn't Rial a fractional reserve currency?
Regarding usury this is also very true for christianity as well, with the new and old testament both strongly attacking and forbidding usury and yet christians have no problems with present fiat, fractional reserve systems.
Usury is not the same thing as tiny amounts of interest, which is inherent to the fiat system. Usury would be like taking a loan denominated in bitcoin, and having to pay it back in bitcoin after it has gone to the moon (effectively shorting an exponentially growing asset). Overall, bitcoin is more usurious than fiat. |
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The 3d is nowhere near crossing right now and it would take at least another week. Don't preempt the indicators and talk about "upcoming crosses" - there is no such thing. Check out this "upcoming cross":  Goxxed |
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