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181  Economy / Speculation / Re: January 31st, the Downfall of Bitcoin on: January 31, 2014, 06:29:42 PM
Where's my cheap bitcoins. Oh wait actually $800 is cheap  Grin

Suck on it bears  Kiss
182  Bitcoin / Bitcoin Discussion / Re: Welcome to the new Bitcoin forum! on: January 31, 2014, 05:25:02 PM
Hi Satoshi, thank you for inventing Bitcoin.

Meanig Jan 2014  Cool
183  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2014, 05:02:58 PM
Winklevoss ETF will probably not get launched this year.

"However, Moriarty isn’t optimistic about the proposal, even with the as-yet unannounced revisions. She told Bloomberg that she believes it is unlikely to pass in 2014."

http://www.coindesk.com/winklevoss-to-submit-revised-bitcoin-etf-sec/

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.
184  Bitcoin / Bitcoin Discussion / Re: Difference between Multibit saldo and Blockchain.info. Please help. on: January 31, 2014, 04:44:53 PM
Re-synch the Multibit wallet and it might pick up the missing transactions
185  Economy / Speculation / Re: No Crash Today. Buy your coins back on: January 30, 2014, 05:22:09 PM
But they said they were doing it today, not on the business days following Jan 31st  Grin

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
186  Economy / Speculation / Re: No Crash Today. Buy your coins back on: January 30, 2014, 04:49:52 PM
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  Grin
187  Economy / Speculation / Re: OVERSTOCK SHARE DROPPED ALMOST -20% TODAY!! on: January 30, 2014, 04:48:38 PM
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.
188  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2014, 04:46:19 PM
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.
189  Bitcoin / Bitcoin Discussion / Re: Bitcoin Users Can Face Jail Time up to 15 years on: January 29, 2014, 09:03:33 PM
Russian Ruble is toast. Withdraw all your Rubles and convert to bitcoins now!

190  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 08:12:21 PM
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.
191  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:55:31 PM
My ears. You're killing me Mark.
192  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 07:54:29 PM
Mark Williams thinks Bitcoin is going to $10 this year

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

Sell, sell, sell, sell  Roll Eyes
193  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2014, 06:38:19 PM
Has the live feed disappeared?
194  Economy / Economics / Re: Russia warns against using bitcoins on: January 29, 2014, 05:43:57 PM
Ruble continues to fall. Can't be helping with those bank runs.

195  Bitcoin / Bitcoin Discussion / Re: Belgian Bank sends out FUD newsletters concerning Bitcoin on: January 29, 2014, 04:21:04 PM
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.
Huh

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   Undecided
196  Economy / Speculation / Re: What possible event on horizon will rocket bitcoin to the moon again? on: January 28, 2014, 10:44:01 PM
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 Shocked) and the Winklevoss ETF.
197  Economy / Speculation / Re: Everyone is getting excited over the hearing, but remember what Warren said: on: January 28, 2014, 06:52:41 PM
“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  Grin
198  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 28, 2014, 05:00:03 PM
Wilson was great
199  Economy / Speculation / Re: NY Hearings - lets live blog this puppy : - ) on: January 28, 2014, 04:56:39 PM
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".
200  Economy / Economics / Re: Russia warns against using bitcoins on: January 28, 2014, 04:27:44 PM
Another Russian bank bites the dust

http://www.zerohedge.com/news/2014-01-28/russian-bank-halts-all-cash-withdrawals

Quote
It 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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