Bitcoin Forum
May 04, 2024, 02:01:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 »
801  Economy / Speculation / Re: BTC not going down... first time ever? on: April 06, 2014, 04:39:35 PM
There is no investor in Bitcoin,
More people are aware of bitcoin each day, but no speculators like in China anymore after this crash.
This crash is in fact good if you look at it now, BTC will grow slower but more stable.
Money are now spend by VC into infrastructures and services.

The market is oversaturated with Bitcoin
every day is generated about 4000 new bitcoin which have nobody to pay

Since the start of bitcoin, about 7200 new coins are mined every day is.
In november 2012 this was halved by the protocol.
Not all coins mined are direct sold at the exchange, I still have 90% coins that are mined in 2011 in my wallet.
It's true that things have change with the coming of ASICS, they are expensive and people need to sell their coins faster
to pay the bills.
Not everyone is in good finaninial shape and the cost of electricity is different in each country.
I have to dissagree that all coins mined today are actually sold on the same day.
Unless you are KNC, they need to sell it for hard dollar.
Factories don't accept BTC now for components, KNC is non-stop building a mega farm.

People are becoming aware of what is Bitcoin, and speculation does not work anymore.
This is true, volatility will be less, but bitcoin will grow more stable now that there are services and infrastructures added to the network.
On the other hand, daytraders who like to short will have less profitability

Case MtGox killed all hope in Bitcoin
Beside MtGox, we have a lot scams with big exchanges before.
If you have follow the interview with Bobby Lee, you notice they are willingly to do an audit by a third party.
They will become more mature and transform into a real company with regulations if neccesary to survive.
People are also scarred now to be scammed by an exchange.
Problems with MtGox already exist in summer 2013, before it only takes a week to get your money out.
I sent coins between exchanges to profit from price difference, but since MtGox come with an excuse that their daily withdrawel limits have been reached.
I know something wasn't right after asking banks about this bullshit.
I stopped immidiately and got my latest payment after a month in septber 2013.

The previous price jumps have been artificially, by MtGox and any mining hardware manufacturer.
You probably don't know about https://bitcoin-24.com/
bitcoin-24 introduce trading without trading fee, just the same like btcchina did last year to attract users.
Together with the Cyprus bank incident, people get aware of bitcoin.
Hardware manufactures lure people to buy with bitcoin and give them discount for doing that.
They know, once the Asics are released in the wild, BTC will more difficult to mine and the chance that bitcoin will increase in price is bigger than that it
will drop.
They didn't foresee the no trading fee from BTCChina, this together gives BTC price a jumpstart.

The mining factor is too small for any serious action,and time is to quit the game
I don't agree with you on this one.
For most of the miners it will become harder to become bigger through limitations in their home infrastructure.
But it is not impossible.

A major player China 15 th april 2014 out from game.
This is untill now still unclear
802  Economy / Speculation / Re: BTC not going down... first time ever? on: April 06, 2014, 03:28:43 PM
Lets hope it's gonna stabilize a little bit from now on.

No way, first go below 200 usd!

Everyone has the right to short, it is their own decision, but did you thought about the risks?
Its even greater.

Posting empty posts over and over without a base is asking for FUD posts back.
Try to posts lesser, but explain better why you think it will go that way.
803  Economy / Speculation / Re: BTC not going down... first time ever? on: April 06, 2014, 03:11:37 PM
http://v.youku.com/v_show/id_XNjkyODM1NTM2.html
Totally relax about the 415 incident, they even sing about it.
What will you see after a short squeeze if you look down at the top of a Russian hotel where Igorr work as a porter?

804  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 11:53:14 AM
Great information, thank you! The Chinese buyers most know this, so there is no reason why they shouldn't just hold onto their coins instead of dumping. All in all it looks like this is the bottom after all.

It is also very fascinating to hear that the Chinese gov know that they can't stop it, and will not risk it going underground by a ban. This is big!

We are not at the end of the road and some things are still not clear.
But from time to time interesting stuff is popping up.

If you have friends who understand Chinese, ask them to watch www.yangyang.tv and tell you what is happening there.
You will find a lot information in your own benefit.
805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 06, 2014, 11:44:08 AM
Let the fundamentals do the work. not me. I dont really mind if 400 is crossed. What Im really interested in is what's going to happen later in the year.
Finally something I also agree on.
806  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 11:37:59 AM
So it bascially confirms that while Bitcoin is not "banned" (since it can't really be banned, due to decentralization),The Chinese government is making it so hard for the general public to invest in the name of protecting them that its pretty much an indirect ban.

People will still be able to buy I guess for now but through difficult means, how many will bother remains to be seen. and also withdrawals might get more and more difficult with time as they squeeze it further, so this will limit people who are looking to fiat profits.

Did you notice that all the new and small players that try to fly under the radar have receive a document?
They try to regulate it already in december last year, but they fail.
Now it is serious.
Did you also notice none of the big exchange have receive a document untill now?
Did you also notice that third party payment processors with untraceable funding options are forbidden to fund exchanges?
And why the fuck are they building a database with btc addresses?
I think they will leave the big exchanges alone if they follow the instructrions.
They try to controlling it, they can't stop it.
Otherwise it goes underground.
Plans are already made to go offshore.
Singapore is already mention a couple times from what I have hear, I didn't know Singapore was that huge in the real world of
finance.

We will know more after 15 april what they really exactly want.

If you didn't know that I will consider your arguments irrelevant.

Jumping from one altcoin to another altcoin to try to get rich quickly but fail.
Holding hands up and begging for free btc giveaway.

If you didn't know, I consider you very succesfull.
807  Economy / Speculation / Re: HUOBI SHUTS DOWN April 5th. on: April 06, 2014, 10:54:03 AM
The last thing the Chinese government wants is social unrest.
They struggle with it since their existence.
808  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 10:46:52 AM
Look at the casinos in Macau.
When Portugal give Macau back to China it was already full of casinos.
What did the Chinese government do there?
They are regulating it by investing in it actively.
Casinos are forbidden in China itself, but that won't hold long.
Look at the formula 1 in Shanghai and you see they are changing, but not as fast as we all want it.
809  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 10:35:11 AM
So it bascially confirms that while Bitcoin is not "banned" (since it can't really be banned, due to decentralization),The Chinese government is making it so hard for the general public to invest in the name of protecting them that its pretty much an indirect ban.

People will still be able to buy I guess for now but through difficult means, how many will bother remains to be seen. and also withdrawals might get more and more difficult with time as they squeeze it further, so this will limit people who are looking to fiat profits.

Did you notice that all the new and small players that try to fly under the radar have receive a document?
They try to regulate it already in december last year, but they fail.
Now it is serious.
Did you also notice none of the big exchange have receive a document untill now?
Did you also notice that third party payment processors with untraceable funding options are forbidden to fund exchanges?
And why the fuck are they building a database with btc addresses?
I think they will leave the big exchanges alone if they follow the instructrions.
They try to controlling it, they can't stop it.
Otherwise it goes underground.
Plans are already made to go offshore.
Singapore is already mention a couple times from what I have hear, I didn't know Singapore was that huge in the real world of
finance.
We will know more after 15 april what they really exactly want.
810  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 10:02:31 AM
The Chinese goverment wants to control it, the chinese government is trying to do the right thing
The government is trying to tell people this is not a currency, this is a commodity, this is a trading item, its not money.
People don't know what btc is, they just heard other ppl buying it and making money, everyone wants it, its like gold,
its like something going up.
Many people buy, the bubble become bigger and bigger, its become to look like a pyramid, people on top become richer and richer.
Like a pyramid, it has to build on a base, this was not build on a base, this was build on speculation.
Like in a real economy there need to be services to be use with btc, that was not the case in China, but those services are already build in
america and in europe.
In China BTC is used for trading, it is not considered a currency, its not like RMB (Renminbi)
Exchanges are popping out of the ground, it become easier and easier to buy btc.
Third party payment processors and banks offers easy way to funds accounts, it become easier and easier to convert RMB to BTC and visa versa

It become dangerous because ppl don't know what btc is, they just want to buy it.
Price become higher and higher, some peoplel buy at the top and start to lose money after btc drop.
Price of BTC going to fast, it's not sustainable


The Canadian guy talks about what he has hear and read about
people on wall street sees it, they want it to, they want to control it , they like the protocol, but not at this price.
because it was 2 years ago 17 cents and now it is 1000 dollar, we not going to touch it and buy at this price, so they are trying to disrupt it.
They are crack down the prices.
It happens more or less in the way he thinks it will happen in february this year
Ppl from the financial districts of america, britain and hong kong, the ppl with enomous skills in money manegement,
What have they done, they built services on bitcoin, not trading bitcoin, they don't care about bitcoin.
they building infrastructure.
They building arbitrage, ATM, the ways you can use the wallet easily like Coinbase.
What did they do in China beside building exchanges for buying and selling it, this is a problem in China
Thats why the government is stoppin it, BTC is legal and you can trade it like commodity as much as you want.
But converting it to RMB and visa versa will not be as easy as before
Thats a very smart move on the part of the government.
What they trying to do is to protect itself and protect it main currency just like other countries are doing.
They forbid the banks to trade directly in bitcoin and closing accounts for easy conversion
They are stopping new foolish people to get into bitcoin, they are protecting people from its self.
Their job is protecting stupid people from doing stupid things.
The new inflow of people don't know what bitcoin is, they are just thinking of get rich quick without knowing what to do with it.
Bitcoin is a fact worldwide, it can't be stopped even if it crashed, it is still be there, its still an alternative currency.
China is the drive of world adoption of bitcoin, but the Chinese government is also the first government that is going to pull the
strings to protect the ppl and also the world for running to fast.
They are protecting people from this bubble, it is their job


This is almost literally what is said in the video leaving out some FUD from the Canadian guy, there is more, but I don't have time now.
You should watch it yourself.

The Canadian guy is a paying shill, he has already been identify by user Azeh.
If you can understand Chinese and have watch other videos from bitcoin meetings together with this video, you will see that the future is brighter
than we have hoped for.
I have a lot to do today.
Will try to post some info if I can find some time.
811  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 08:22:50 AM
No one watching the video?

Then read my first comment. I updated the summary.
Your summary is not in line with what is told in the video.
Hold on a bit, I have to put my laziness aside.
812  Economy / Speculation / Re: HUOBI SHUTS DOWN April 5th. on: April 06, 2014, 02:58:41 AM
Working perfectly for me
813  Economy / Speculation / Re: Interview in English about the Chinese situation on: April 06, 2014, 02:46:15 AM
I am tired and lazy to write a summary.
It's 4:45 AM and I need to make some phone calls.
814  Economy / Speculation / Interview in English about the Chinese situation on: April 06, 2014, 02:28:22 AM
http://v.youku.com/v_show/id_XNjk0NTM3ODky.html
815  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 05, 2014, 09:07:41 PM
I troll as much as you do.
816  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 05, 2014, 09:04:04 PM
Hey Igorr, since you are a trader in real stocks.
What is your speciality?
What sector are you investing in?
What stocks are worth buying at the moment and why?
Is it a good time to do an open sell or an open buy at this moment?
817  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 05, 2014, 06:18:19 PM
My credibility is clear,
Anyone can read my posts from November and December of 2013 years,
when the price was $ 1240, I say "Game is Over" and price goes to the bottom.


This is just coincidence, it has nothing to do with your ability to predict the future of BTC which you can't.
Your posts was never build with well thought-out ideas, just yelling and repeating FUD, it could also happens the other way round.
818  Economy / Speculation / Re: URGENT, Bitcoin is on the verge of collapse !!! on: April 05, 2014, 06:03:39 PM
It is quote maybe one year ago,
Easy2Mine read all my post and he  trying to find out who I am, because of my money.

I trade with MetaTrader platform, and I have only usd on my account,
I not want BTC or anything else, I just want money.

you're wrong, I have only 5 usd, 100 usd is so much for me.

I get confused, sometimes you are bragging that you made more than 350000 dollars last year.
Then you state you don't have more than 5 dollars.
Other times you only have dollars in your account.
So what do you really have beside your obsession to see BTC dying.

I don't read your posts because of the money you don't have.
I read your posts to analyze your credibility and because you don't have that after I analyze it, I use it to made a fool out of you.
819  Economy / Speculation / Re: $300 or $800 next? on: April 05, 2014, 03:42:56 PM
Guys, thank you for a wonderfull afternoon and interesting discussion.
I have to go, see you all later.
820  Economy / Speculation / Re: $300 or $800 next? on: April 05, 2014, 03:39:35 PM
What if go to zero in 2014 year ?

Then you will lose your job as a porter, because your boss can't pay his bills anymore with bitcoins.
No more postings from Igorr anymore, because bitcointalk also died.
And you have to return to India where you are going to polish shoes again. Grin Grin Grin
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!