BTW, what are your thoughts on EUR if you have any?
|
|
|
I want the value of my BTC to rise, the higher the better. Developers, merchants, and charities all help to improve BTC's value. The more who use it the stronger and more valuable it becomes.
1. Urging people to accept Bitcoin to make their value rise sounds like a pump and dump scheme. 2. The typical merchants and charities don’t do shit, noone would use Bitcoins with them instead of fiat. They also just cash out Bitcoins for Dollars, so that actually brings down the price. Again, the only thing that really helps is to have applications which cannot exist without Bitcoin.
|
|
|
This spike wasn’t even accompanied by any unusual volume.
|
|
|
I hope you earn the money back 100 fold.
I doubt he can ever earn 4 million Bitcoins. Oh, "money", that means fiat, my bad.
|
|
|
The fiat -> coinz link will always be tough.
The good news is that if Bitcoin is successful over a long enough time period that link becomes less important.
Now the bad news is, in order for Bitcoin to become successful, people will most likely need to acquire some that way.
|
|
|
You mean to tell me merchants don't realize how powerless they are when it comes to control of their bank accounts or paypall accounts??!
This is pretty much the answer, unfortunately. Yes. Please stop this spammy and pathetic evangelizing. We don’t need any stupid merchants or people taking Bitcoins as donations, they are useless at the current stage. What is needed are successful applications for Bitcoin like Silk Road, which are actually used by lots of people because they have NO BETTER CHOICE. I hope ogrr and coinworker will be such ones in the future.
|
|
|
actually i was thinking 30% is way better than when it used to be in the 40's and is a clear example of how the market is automatically spreading out the pool concentration. i think p2pool had a lot to do with this. leave Deepbit alone. what's so bad about 30% anyway?
Agreed. I was pretty upset when it was >50% last year, but this is satisfactory now. Also, it can be a good thing to have multiple major trusted pools which can get the majority of the hashrate, as we have seen recently with BIP 16.
|
|
|
Problem with the free market, Atlas?
|
|
|
that was a great read for risk management but i still don't understand the point of leverage if my p/l is solely calculated by the size of my actual position. is leveraging just to inflate my "tradable balance"?
Yes.
|
|
|
cypher, I’ll listen to this podcast now, thanks. this thread was started 3/13 Bitcoin 5.40 Gold 1690. today 3/22 Bitcoin 4.77 (down ~12%) Gold 1640 (down ~3%) Which one is "Collapsing" Sorry, let me reiterate: Gold collapsing. Bitcoin collapsing more quickly.
|
|
|
You will probably have to change the thread title.
Gold collapsing. Bitcoin collapsing.
|
|
|
Vladimir, both of you have made no arguments against the change or for the current design.
My only issue with this is the "slippery slope" problem. I don’t see why it should be better to do it every 4 years than regularly. Consider the psychological impact and impression of scarcity it would have if miners were getting slightly smaller payouts on the same difficulty on a regular basis.
|
|
|
We removed a bunch of forums and made the main-page a lot smaller for now, we are still working on some stuff improve the main-page.
You can see a members mBTC in their profile or right under the avatar in any thread.
I noticed that! Good job for listening to the advice and truncating it even further now, I think bitplane was right on that. The Bitcoin forums evolved the same way, and now it has lots of subforums. With this kind of ambition, I’m pretty sure ogrr will do well. BTW, I saw you had a nice contest for banners and used it for a favicon, do you plan to place that on the front as well?
|
|
|
Let me just ask: Has anyone actually made money from leveraging on bitcoinica?
The last time I used Bitcoinica I used 2.5 leverage for the first time on my short. I made decent money with it, yes, although I covered early because I simply shit my pants when I can’t buy back in one instant but with 50 BTC chunks over a long period. Also let me tell you guys, Bitcoinica is just waiting to blow up, people can still use 10:1 leverage for large amounts when they create lots of accounts. Eventually, they will owe their clients a lot of Bitcoins …
|
|
|
Anyone please feel free to advise me...
Trade your own money on an actual exchange is my advise.
|
|
|
Hahaha wow, I guess I should have taken up the good liquidity in the 5.3s. Didn’t guess there was so much panic potential. SELL EVERYTHING, THE WEEKEND IS OVER!
|
|
|
Anyone else really excited for the next few weeks? The past couple months I've actually been doing something I haven't done for a long time - I've been sending new money to the exchanges instead of merely selling what I have and buying back more.
They are too busy panic selling the positions they placed based on 2 analysts. I’m excited for the next months, not so much weeks.
|
|
|
So you guys trade solely based on what an analyst says and then proceed to panic once it moves a few cents against you? If that’s the case, do panic. Email Sent -March 19 update (includes chart: 107) I'm not seeing it. I got the mail.
|
|
|
|