Where's my cheap bitcoins. Oh wait actually $800 is cheap Suck on it bears
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Hi Satoshi, thank you for inventing Bitcoin. Meanig Jan 2014
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That's a misquote. She doesn't mention being optimistic nor pessimistic. All she states is that it's unlikely to be approved in 2014 which isn't unusual for a new type of ETF.
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Re-synch the Multibit wallet and it might pick up the missing transactions
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But they said they were doing it today, not on the business days following Jan 31st It's late in China.. so no office hours. Either tomorrow during office hours, or next week during a business day when holiday period ended. Anyhow, bitcoin in China is over and only fools are currently buying. But it's the 31st in Beijing. Cyborg Chinese Communist Party enforcers don't need to sleep. They're kicking free enterprise ass 24/7
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Hype is over, there's only old money in the market and soon they will get tired of the stagnant market. There's no way BTC will hit ATH any time soon. The risk of PBOC shutting down Chinese Exchanges on the following business days is far greater than a new ATH.
But they said they were doing it today, not on the business days following Jan 31st
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Have you not heard of the FED taper. The whole stock market is going down the tube. They still have a healthy P/E ratio.
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Indeed.
This is probably the beginning of lots of panic buying, can't see this turning sour now, we are at january 31. in China, and now with the BTCChina news... I'm glad I am all in BTC.
lmao.. the PBOC will respond on business days, currently it's a holiday. Just wait and see. Lol, they execute people seven days per week in China. The PBOC wouldn't stop a public holiday from letting them do their stuff.
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Russian Ruble is toast. Withdraw all your Rubles and convert to bitcoins now!
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Mark Williams: "The value proposition hasn't changed to justify the 9000% increase"
Da fuk. Did he not hear what happened in Cyprus. Someone needs to school this dick.
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My ears. You're killing me Mark.
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Has the live feed disappeared?
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Ruble continues to fall. Can't be helping with those bank runs.
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Right, so now the USD is backed by the government, I can redeem it with what exactly? Politicians? It is a meaningless concept and has no bearing on the real "value" of the Usd. Bitcoins' "integrity" is backed by mathematics. The value can vary drastically but one bitcoin will always equal one bitcoin. And that is backed by mathematics.
USD is backed by the full productivity of a multi-trillion dollar economy and its people. Yes, it boils down to a promise by a nation to provide value for the notes it issues, which necessarily requires trust, but that's an entirely different thing from Bitcoin, which isn't backed by anything (meaning if the system breaks there's nothing and no-one to say, "here, take this gold/wood/labour/Coke-a-cola instead"). The USD is backed by 50 million pensioners and 30 million under employed people
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Euro bail in, currency meltdown in emerging markets (Turkey just raised their interest rates from 7% to 12 %, what's that going to do to mortgage holders ) and the Winklevoss ETF.
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“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett
Everyone is being greedy now, they will buy high and continue to buy high, until the price drops.
Being in fiat right now = a blessing.
Hey bitcoinlitcoinbtcltc I want to let you in on a secret. If you post a new thread every thirty seconds for five days in a row the price is guaranteed to crash down to $100. Start posting
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Seems like the theme of the hearing will be whether Bitcoin should be governed with existing laws or should they come up with a new set of "Bit Laws".
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Another Russian bank bites the dust http://www.zerohedge.com/news/2014-01-28/russian-bank-halts-all-cash-withdrawalsIt would appear the fears of a global bank run are spreading. From HSBC's limiting large cash withdrawals (for your own good) to Lloyds ATMs going down, Bloomberg reports that 'My Bank' - one of Russia's top 200 lenders by assets - has introduced a complete ban on cash withdrawals until next week. While the Ruble has been losing ground rapidly recently, we suspect few have been expecting bank runs in Russia. Russia sovereign CDS had recently weakned to 4-month wides at 192bps.
Via Bloomberg,
Lender has introduced complete ban on cash withdrawals until end of week, news agency reports, citing unidentified person in call center. Bank spokeswoman declined to comment by phone My Bank is top 200 lender by assets: Prime
NOTE: Central bank has revoked about 30 banking licenses since July 1 when Elvira Nabiullina succeeded Sergei Ignatiev as governor, compared with three in the firt half of the year
Interestingly, Russia's biggest lender Sberbank has seen a 8.7% rise in deposits in December... it seems the Russian's are realizing that bank deposits are nothing more than risky loans to highly levered entities...
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