Bitcoin Forum
May 22, 2024, 05:08:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 [343] 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 ... 1080 »
6841  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:34:33 AM
6842  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:33:19 AM
6843  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:30:52 AM
6844  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:23:35 AM
6845  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:20:21 AM
don't google 6642 on google, fucking gross

I saw that!



6846  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:19:01 AM
6847  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 07:18:14 AM
6848  Economy / Speculation / Re: If the current trend is sustained on: September 01, 2013, 06:55:37 AM
people who have coins for sale on gox should put their asks much higher if the coins are running out.

Another whale buy is needed.

who the heck would buy a whale? you can find those dead on the beach for free.  Wink Grin Cheesy

Fuck the whale! I want its vomit: http://www.huffingtonpost.com/2013/01/31/ken-wilman-ambergris-beach-sperm-whale-vomit-photo_n_2590487.html
6849  Economy / Speculation / Re: Poll: When will we see $200 again? on: September 01, 2013, 06:49:42 AM
i saw by the end of september we'll see $200. its not far off now.

I say about a $1.60 increase on average per day for the entire month of September would get it there.
6850  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 01, 2013, 06:47:24 AM
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

You are also involved with this project, Phin?

A storm blew down one of my apple trees by the railroad tracks today.
6851  Economy / Speculation / Re: 25k coins bought, $10 jump on: September 01, 2013, 06:42:43 AM
They probably want to get their money out of gox and have no choice in the matter? Buy BTC and transfer out?

Once out, they will then deposit into BitStamp. taking advantage of arbitrage. Some people just don't know how the Stock Market works.  Roll Eyes

How do you arbitrage by purchasing bitcoins on an exchange with a higher price and then transferring them to an exchange with a lower price?

I'm not exactly sure how it's done, but I think it somehow involves a second person acting as the liaison between the two exchanges. Then, when the lower priced exchange rises, money is pulled out and put in the other exchange that has also risen the same exact percentage, thus not losing anything during the transfer. Soon, though, Mt Gox starts rising again, whereupon, say, at a 10% increase, once again money is pulled out and put back into Bitstamp, or maybe even a lesser used exchange to somehow cloak the traders intent/identity, for nobody wants to be caught red-handed practicing such a practice.

I hope my description of arbitrage helps those that weren't aware of how it works.

Happy trading!
6852  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: September 01, 2013, 06:22:20 AM
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>
6853  Economy / Economics / Re: Why does bitcoin hate fiat money so much? on: September 01, 2013, 06:10:57 AM
Upon reading the title of this thread, I couldn't help but wonder why rocks hate moving water.
6854  Other / Off-topic / Re: If I had a bitcoin... on: September 01, 2013, 06:09:13 AM
J&R D800/E extended warranty on sale for $144.88
6855  Bitcoin / Hardware / Re: Butterfly Labs 30 day countdown to the end of September on: September 01, 2013, 06:02:25 AM
Since August's over now, they've completed "Tape out August 2013" for Monarch, right?

Just to let you know of my current position.

6856  Other / Off-topic / Re: What Song are you Listening To? on: September 01, 2013, 04:33:36 AM
https://www.youtube.com/watch?v=bDbpzjbXUZI
6857  Other / Off-topic / Re: This thread WILL change your life! on: September 01, 2013, 04:29:08 AM
The moment I looked upon this thread my bank account balance tripled and my dick grew 4 extra inches.

Thank you so much.

Nah! This is a total waste of time.

Pic of your bank account balance tripling or it didn't happen.
6858  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 01, 2013, 04:24:26 AM
6859  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wednesday - First Wednesday of the Month on: September 01, 2013, 12:10:07 AM
I think it's because I'm in vegas and everyone is use to scam attempts. They don't want to hear anything you have to say because bitcoin "sounds too good to be true".

Free payment processing? Uh huh, what's the catch.

No hardware to purchase or maintain? No subscription fees?

No chargebacks? yea right.

Oh, AND you're going to set me up for free? Get the fuck out of here, scammer, I have a business to run.

Useless they're clueless, you're selling them repeat business. I suggest informing them that because of their fine establishment, you thought it best to approach them first with the near zero risk proposal, also informing them in almost the same breath that if they respectfully decline the offer, you're prepare to go to their direct competition with the exact same offer.

If memory serves me, isn't there a slew of B&M in Germany that could be referenced to?
6860  Bitcoin / Meetups / Re: Kansas City Meetup - Tuesday, Sep. 10th, 5:30pm on: August 31, 2013, 11:05:51 PM
I'm already making arrangements to be there.
Pages: « 1 ... 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 [343] 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 ... 1080 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!