Rally!!!!!

[elux]

i know u like new threads so i made you one

[SnokkomBTC]

i know u like new threads so i made you one

it's happening !!

[Braino]

MOOON!!!

[Chef Ramsay]

Dude, at least bust out some charts, train leaving the station/rocket to moon pics or gifs cause this is pretty much a nothing thread.

[olcaytu2005]

 i bet satoshi nakamoto will use his bitcoins to increase the price. and we shall see the MOON.

[Bitcoiner2015]

To the moon, like mooncoin!

[elux]

Dude, at least bust out some charts, train leaving the station/rocket to moon pics or gifs cause this is pretty much a nothing thread.

Well, Bitcointalk speculation should have a rally thread.

The old one is locked. (Go figure.) So... Here's a new one.

I will fight one hundred bears with my bare hands if I must.

I will keep this thread alive.

This isn't about charts.

This is about going to the moon!

With Blackjack! And Hookers!

In fact, forget the Moon.

THIS IS BITCOIN!

[elux]

oh, and here's a rallygif:

[goxed]

WHY? What's the news or the catalyst for Rally!!!!!?

[elux]

I don't fucking know, do you need a reason???

Aight, let's check /r/bitcoin... Oh! Here's a reason just now:

https://www.reddit.com/r/Bitcoin/comments/362f12/bitcoin_websites_unblocked_in_russia_court_was_won/

Bitcoin is hotter than a powderkeg in house on fire. Did you see the NEW YORK TIMES today?

Oh, nothing, just another fucking good fucking reason for a fucking rally, I guess.

[gentlemand]

I would like a rally too. I like it when the price goes, like, up because it's more than it used to be.

[Fabrizio89]

Monday an ETN opens, Nasdaq Finland and something I dunno it's just MOOOOOOOOOOOONNNNN

[Chef Ramsay]

Now we're starting to look healthy up in here! Long live this rally thread and may the wind be at all of our backs going forward.

[elux]

Now we're starting to look healthy up in here! Long live this rally thread and may the wind be at all of our backs going forward.

Cheers! Sorry for being a bit brash earlier, rally on.

Monday an ETN opens, Nasdaq Finland and something I dunno it's just MOOOOOOOOOOOONNNNN

Whoa! Not another reason for a RALLY??? Well, keep piling them on. Looks like this thread arrived just in time...

[adamstgBit]

https://bitcoinmagazine.com/20423/derbyjackpot-becomes-first-us-regulated-online-gambling-company-accept-bitcoin/

[Chef Ramsay]

https://bitcoinmagazine.com/20423/derbyjackpot-becomes-first-us-regulated-online-gambling-company-accept-bitcoin/

Interesting, arch-neocon Sheldon Adelson and his casino conglomerate buddies ain't gonna like this one bit. Or, this pushes that whole crew into accepting bitcoin for bets and maybe even program their slots to give better odds to patrons betting in bitcoin.

[Meuh6879]

https://www.reddit.com/r/Bitcoin/comments/362f12/bitcoin_websites_unblocked_in_russia_court_was_won/

this.

[elux]

https://bitcoinmagazine.com/20423/derbyjackpot-becomes-first-us-regulated-online-gambling-company-accept-bitcoin/

WHAT!? Legalized Bitcoin Gambling in the USA?

Are you fucking kidding me...  

let's go back like 10 minutes here and tackle this question from a new and different angle...

WHY? What's the news or the catalyst for Rally!!!!!?

LEGALIZED.

BITCOIN.

GAMBLING.

IN THE UNITED STATES.

so yeah, there's that now.

[Amph]

when i saw the thread i was hoping for a real rally of the price, instead i was disappointed to see that we are still there at 240  

[elux]

https://uk.news.yahoo.com/honduras-build-land-title-registry-using-bitcoin-technology-162701917.html

RALLY

hahaha... "blockchain technology company"

NEW YORK (Reuters) - Honduras, one of the poorest countries in the Americas, has agreed to use a Texas-based company to build a permanent and secure land title record system using the underlying technology behind bitcoin, a company official said late Thursday.
Factom, a U.S. blockchain technology company based in Austin, Texas, will provide the service to the government of Honduras, the firm's president, Peter Kirby, said. The company is doing the project with Epigraph, a title software company that uses blockchain technology, also based in Austin.
Factom would not reveal the cost of the project. Honduras would become only the second government to use blockchain, which increases transparency in a transaction, to manage government data, after reports that the Isle of Man would test a government-run blockchain project.

yo REUTERS... It's THE blockchain. The BITCOIN blockchain.

The country of Honduras land registry is about to be secured by Bitcoins.

 

[bumpk1nK]

I smell a dumpz cuming.

[elux]

I smell a dumpz cuming.

Bitcoin is taking over the world, man.

In the last three hours, we've seen:

• Ban on Bitcoin websites overturned in Russia.
• Legalized Bitcoin gambling in US.
• Factom (i.e. Bitcoin blockchain) based LAND REGISTRY in Honduras.

Tally up the evidence. Time is running out fast, bears...  

[rjclarke2000]

I smell a dumpz cuming.

Bitcoin is taking over the world, man.

In the last three hours, we've seen:

• Ban on Bitcoin websites overturned in Russia.
• Legalized Bitcoin gambling in US.
• Factom (i.e. Bitcoin blockchain) based LAND REGISTRY in Honduras.

Tally up the evidence. Time is running out fast, bears...  

I need elux in my life.

You seem like the type of person who could turn a pile of shit in to a nice bouquet of roses.

Long live this thread. See you all on the other side of 10K

[Xialla]

omg so many good news is such short time frame. this is moon, for sure boyz!!:)

[rjclarke2000]

omg so many good news is such short time frame. this is moon, for sure boyz!!:)

If everyone can just give me another few months before the moon I would be grateful. I need this summer to get the amount I am happy to hodl.

Can we organise lift off in September?


Thanks.

[Xialla]

If everyone can just give me another few months before the moon I would be grateful. I need this summer to get the amount I am happy to hodl.
Can we organise lift off in September?

ohh no worries, once I will be on the moon with other bitcoiners, I'll summon magic gate and teleport you..just pm me for notification.)

[Bit_Happy]

I was hoping to see the prices actually higher:
Is there really a Rally!!! or are we temporarily stuck with false profits?

[rjclarke2000]

If everyone can just give me another few months before the moon I would be grateful. I need this summer to get the amount I am happy to hodl.
Can we organise lift off in September?

ohh no worries, once I will be on the moon with other bitcoiners, I'll summon magic gate and teleport you..just pm me for notification.)

Yes, this is very nice of you but once there I'd be living in a cardboard moon box and you'll all be in your space palaces. I am still stacking! Hold fire!

[elux]

I need elux in my life.

You seem like the type of person who could turn a pile of shit in to a nice bouquet of roses.

Long live this thread. See you all on the other side of 10K

Turning shit into roses, lol.  

Let's call it TAKING BACK THE NARRATIVE.

omg so many good news is such short time frame. this is moon, for sure boyz!!:)

It's heating up!  

I am still stacking! Hold fire!

Can't promise anything!  

Yes!

I was hoping to see the prices actually higher:
Is there really a Rally!!! or are we temporarily stuck with false profits?

I see a rally in your future. New ATH 2015?

BEWARE FALSE PROFITS

[Shiver]

"We're all Moooned, Moooned I tell yar!".

[Erdogan]

I smell a dumpz cuming.

Bitcoin is taking over the world, man.

In the last three hours, we've seen:

• Ban on Bitcoin websites overturned in Russia.
• Legalized Bitcoin gambling in US.
• Factom (i.e. Bitcoin blockchain) based LAND REGISTRY in Honduras.

Tally up the evidence. Time is running out fast, bears...  

And don't forget - a new thread appeared on bitcointalk! Bullish!

[Braino]

Soooo.... RALLY!!!

[oblivi]

https://uk.news.yahoo.com/honduras-build-land-title-registry-using-bitcoin-technology-162701917.html

RALLY

hahaha... "blockchain technology company"

NEW YORK (Reuters) - Honduras, one of the poorest countries in the Americas, has agreed to use a Texas-based company to build a permanent and secure land title record system using the underlying technology behind bitcoin, a company official said late Thursday.
Factom, a U.S. blockchain technology company based in Austin, Texas, will provide the service to the government of Honduras, the firm's president, Peter Kirby, said. The company is doing the project with Epigraph, a title software company that uses blockchain technology, also based in Austin.
Factom would not reveal the cost of the project. Honduras would become only the second government to use blockchain, which increases transparency in a transaction, to manage government data, after reports that the Isle of Man would test a government-run blockchain project.

yo REUTERS... It's THE blockchain. The BITCOIN blockchain.

The country of Honduras land registry is about to be secured by Bitcoins.

 

All those retards are doing a good job in trying to separate blockchain from Bitcoin, to keep people away from investing on Bitcoin while it's cheap, so the whales can keep storing cheap as 200 USD a BTC coins until it goes ridiculously higher. Well, what can I say? most people seem to be more worried about keeping up with the Kardashians than learning why they must be learning about Bitcoin right now and owning at least 1, so fuck them, let us benefit while we can and rewarded since we weren't wasting our time, be it buying cheap BTC or both doing that and creating silly FUD posts to try to keep the price low for as long as possible.

[rjclarke2000]

https://uk.news.yahoo.com/honduras-build-land-title-registry-using-bitcoin-technology-162701917.html

RALLY

hahaha... "blockchain technology company"

NEW YORK (Reuters) - Honduras, one of the poorest countries in the Americas, has agreed to use a Texas-based company to build a permanent and secure land title record system using the underlying technology behind bitcoin, a company official said late Thursday.
Factom, a U.S. blockchain technology company based in Austin, Texas, will provide the service to the government of Honduras, the firm's president, Peter Kirby, said. The company is doing the project with Epigraph, a title software company that uses blockchain technology, also based in Austin.
Factom would not reveal the cost of the project. Honduras would become only the second government to use blockchain, which increases transparency in a transaction, to manage government data, after reports that the Isle of Man would test a government-run blockchain project.

yo REUTERS... It's THE blockchain. The BITCOIN blockchain.

The country of Honduras land registry is about to be secured by Bitcoins.

 

All those retards are doing a good job in trying to separate blockchain from Bitcoin, to keep people away from investing on Bitcoin while it's cheap, so the whales can keep storing cheap as 200 USD a BTC coins until it goes ridiculously higher. Well, what can I say? most people seem to be more worried about keeping up with the Kardashians than learning why they must be learning about Bitcoin right now and owning at least 1, so fuck them, let us benefit while we can and rewarded since we weren't wasting our time, be it buying cheap BTC or both doing that and creating silly FUD posts to try to keep the price low for as long as possible.

Can someone explain to me (the non techy guy) how Nasdaq plans to play around using the blockchain without using bitcoin? Briefly, how does this work?

I am not even going to pretend to be a tech expert. I just enjoy investing and loitering in this forum.

[neurotypical]

https://uk.news.yahoo.com/honduras-build-land-title-registry-using-bitcoin-technology-162701917.html

RALLY

hahaha... "blockchain technology company"

NEW YORK (Reuters) - Honduras, one of the poorest countries in the Americas, has agreed to use a Texas-based company to build a permanent and secure land title record system using the underlying technology behind bitcoin, a company official said late Thursday.
Factom, a U.S. blockchain technology company based in Austin, Texas, will provide the service to the government of Honduras, the firm's president, Peter Kirby, said. The company is doing the project with Epigraph, a title software company that uses blockchain technology, also based in Austin.
Factom would not reveal the cost of the project. Honduras would become only the second government to use blockchain, which increases transparency in a transaction, to manage government data, after reports that the Isle of Man would test a government-run blockchain project.

yo REUTERS... It's THE blockchain. The BITCOIN blockchain.

The country of Honduras land registry is about to be secured by Bitcoins.

 

All those retards are doing a good job in trying to separate blockchain from Bitcoin, to keep people away from investing on Bitcoin while it's cheap, so the whales can keep storing cheap as 200 USD a BTC coins until it goes ridiculously higher. Well, what can I say? most people seem to be more worried about keeping up with the Kardashians than learning why they must be learning about Bitcoin right now and owning at least 1, so fuck them, let us benefit while we can and rewarded since we weren't wasting our time, be it buying cheap BTC or both doing that and creating silly FUD posts to try to keep the price low for as long as possible.

Can someone explain to me (the non techy guy) how Nasdaq plans to play around using the blockchain without using bitcoin? Briefly, how does this work?

I am not even going to pretend to be a tech expert. I just enjoy investing and loitering in this forum.

No one is going to be using the blockchain without Bitcoin because that is nonsense. Do you really think the journalists know what the fuck are they talking about? Nonsense spreads fast when said by big newspapers.

Its very simple. Who keeps the blockchain running? Miners. What reward do the miners get? Bitcoin, the native currency. Therefore, can the blockchain function without Bitcoin? NO, THE BLOCKCHAIN CANNOT WORK WITHOUT BITCOIN, SO THEREFORE EVERYONE USING THE BLOCKCHAIN IS INVESTING IN BITCOIN'S HEALTH.

[elux]

This is nuts.

XBT Provider ETN is live and listed on NASDAQ OMX Stockholm as of today.

I just bought me a Bitcoin, via my brokerage account,
with one click, with no signup, with no delay.

[WhatTheGox]

i know u like new threads so i made you one

If you didnt do it OP someone else would have with 100% certainty.  Disapointing to look at the graph and see it the same price as yesterday though.

[elux]

This is nuts.

XBT Provider ETN is live and listed on NASDAQ OMX Stockholm as of today.

I just bought me a Bitcoin, via my brokerage account,
with one click, with no signup, with no delay.

234$?

Something like that... ~235.50 USD/BTC

Feels like the future just arrived.

[elux]

Disapointing to look at the graph and see it the same price as yesterday though.

Hey, at least we're not relentlessly going down.  

Price is stabilizing. So, supply and demand is close to finding equilibrium.

The end of the downtrend is well and truly nigh.

First, some boring stability. Then expansion.

All the infrastructure is in place.

Add just a little extra demand and we'll be taking off.

Think upside. This is the time to get your risk on.

Sell a kidney or two, remortgage your house for Bitcoin, etc.

Long term, you'll lose out on something like $200... or gain something like $40000... PER BITCOIN.

You do the risk/reward.

[rjclarke2000]

^^ OP cheers up my Monday blues

[pooya87]

I smell a dumpz cuming.

i smell that too, and it smells so freaking nice. i am waiting at the bottom with my arms wide open to hug the dumpz

[Amph]

I smell a dumpz cuming.

i smell that too, and it smells so freaking nice. i am waiting at the bottom with my arms wide open to hug the dumpz

to me it just like the usual p&D in the same boring range, 220-250, it's like all shorters's bot are in loop in that range

we will stay there until they decide to move on a different range, you will see it when will happen

[rjclarke2000]

I smell a dumpz cuming.

i smell that too, and it smells so freaking nice. i am waiting at the bottom with my arms wide open to hug the dumpz

to me it just like the usual p&D in the same boring range, 220-250, it's like all shorters's bot are in loop in that range

we will stay there until they decide to move on a different range, you will see it when will happen

I have to admit I thought there would be something happening with the Nasdaq news

[randy8777]

I smell a dumpz cuming.

i smell that too, and it smells so freaking nice. i am waiting at the bottom with my arms wide open to hug the dumpz

to me it just like the usual p&D in the same boring range, 220-250, it's like all shorters's bot are in loop in that range

we will stay there until they decide to move on a different range, you will see it when will happen

unfortunately i think it will stay like this till the end of this year, or beginning next year. at this point i can't blame traders for this. especially with all the drama we have seen in the beginning of this year.

[600watt]

https://uk.news.yahoo.com/honduras-build-land-title-registry-using-bitcoin-technology-162701917.html

RALLY

hahaha... "blockchain technology company"

NEW YORK (Reuters) - Honduras, one of the poorest countries in the Americas, has agreed to use a Texas-based company to build a permanent and secure land title record system using the underlying technology behind bitcoin, a company official said late Thursday.
Factom, a U.S. blockchain technology company based in Austin, Texas, will provide the service to the government of Honduras, the firm's president, Peter Kirby, said. The company is doing the project with Epigraph, a title software company that uses blockchain technology, also based in Austin.
Factom would not reveal the cost of the project. Honduras would become only the second government to use blockchain, which increases transparency in a transaction, to manage government data, after reports that the Isle of Man would test a government-run blockchain project.

yo REUTERS... It's THE blockchain. The BITCOIN blockchain.

The country of Honduras land registry is about to be secured by Bitcoins.

 

All those retards are doing a good job in trying to separate blockchain from Bitcoin, to keep people away from investing on Bitcoin while it's cheap, so the whales can keep storing cheap as 200 USD a BTC coins until it goes ridiculously higher. Well, what can I say? most people seem to be more worried about keeping up with the Kardashians than learning why they must be learning about Bitcoin right now and owning at least 1, so fuck them, let us benefit while we can and rewarded since we weren't wasting our time, be it buying cheap BTC or both doing that and creating silly FUD posts to try to keep the price low for as long as possible.

Can someone explain to me (the non techy guy) how Nasdaq plans to play around using the blockchain without using bitcoin? Briefly, how does this work?

I am not even going to pretend to be a tech expert. I just enjoy investing and loitering in this forum.

they will buy a few bitcoins, divide them - let´s say in 10 000 parts each and now they can assign the ownership of share to each individual 1/10 000 btc. the person who holds such a colored/assigned coin is the owner of the assigned share. no one can forge it, everyone can see it. they are using the bitcoin protocol. their are using actual bitcoins, but since btc can be devided into small fractions they do not need to use whole bitcoins for each share.

if they like what they find out during testpahse and if they are really going to utilize it, nasdaq is saying "bitcoin protocol is trustworthy"

good news, i´d say.

[botany]

Quickly went to coinmarketcap on seeing this thread.
Came back disappointed. 

[ThatDGuy]

Slow week in Bitcoinland

[elux]

Slow week in Bitcoinland

21 is now officially open for business — and business development.

"We're pleased to announce that Cisco, Qualcomm, and the former CSO of ARM are now investors."

http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/

 

[600watt]

Slow week in Bitcoinland

21 is now officially open for business — and business development.

"We're pleased to announce that Cisco, Qualcomm, and the former CSO of ARM are now investors."

http://blogs.wsj.com/digits/2015/05/18/bitcoin-startup-21-unveils-product-plan-embeddable-mining-chips/

 

The product launch reflects 21’s view that “bitcoin will ultimately be seen as a fundamental system resource on par with CPU, bandwidth, hard drive space and RAM,” Mr. Srinivasan wrote. It’s a notion of “Bitcoin for convenience, not profit.”

amazing.

[elux]

2015-05-19 11:30:22 UTC | http://mashable.com/2015/05/19/new-york-stock-exchange-bitcoin/

[Braino]

[...]
Can someone explain to me (the non techy guy) how Nasdaq plans to play around using the blockchain without using bitcoin? Briefly, how does this work?

I am not even going to pretend to be a tech expert. I just enjoy investing and loitering in this forum.

Simple explanation:

1. Learn that Bitcoin is not the only coin using blockchain technollogy (see altcoints), just like AOL was not the only provider using TCP/IP (see other providers).
2. Understand that AOL is irrelevant to the internet now.
3. ? ? ?
4. Profit!

Nice. 

[Asrael999]

[...]
Can someone explain to me (the non techy guy) how Nasdaq plans to play around using the blockchain without using bitcoin? Briefly, how does this work?

I am not even going to pretend to be a tech expert. I just enjoy investing and loitering in this forum.

Simple explanation:

1. Learn that Bitcoin is not the only coin using blockchain technollogy (see altcoints), just like AOL was not the only provider using TCP/IP (see other providers).
2. Understand that AOL is irrelevant to the internet now.
3. ? ? ?
4. Profit!

not even that complicated - ANYONE (for a given value of anyone) can make their own coin.
What makes you think that the existing financial system is not planning to replace SWIFT with their own coin which they will use amongst themselves to make transfers - reducing costs and rendering the international transfer bitcoin arguement irrelevant.

[DonQuijote]

we should have a rally before halving, be careful guys! 

[Braino]

Post weekend rally!

Or something

[ssmc2]

Wait for iiiiiiiiit...

[Natalia_AnatolioPAMM]

https://www.reddit.com/r/Bitcoin/comments/362f12/bitcoin_websites_unblocked_in_russia_court_was_won/

this.

love of my life into bitcoin 

[afbitcoins]

This is nuts.

XBT Provider ETN is live and listed on NASDAQ OMX Stockholm as of today.

I just bought me a Bitcoin, via my brokerage account,
with one click, with no signup, with no delay.

Sorry Bro, thats not a bitcoin.

[elux]

http://americasmarkets.usatoday.com/2015/05/19/nyse-launches-a-bitcoin-index/

The whole situation is looking rather spring coloured today. Chart source is: www.btccharts.com



If this goes on, buyers will have to change from patiently placing limit orders below, to market bids.

And what happens, when that happens?

Demand is very close to catching up with today's relative abundance of supply.

And the epoch of abundant supply is fast coming to an end. Tick tock.

What did it take to buy Bitcoin in 2010 or 2011 or 2012?

By 2011, millions had heard about it.

Perhaps: Not looking at where we are, but where we're going.

[elux]

35 page special report. Available via:

https://twitter.com/Bloomberg/status/601484610665586688

[elux]

https://twitter.com/jgarzik/status/601447310535458816

RALLY?

[ssmc2]

Love the thread Elux. Just curious what your thoughts are on the meaning of Larry Summer's quote from the 21 blog post:

“The 21 chip adds a whole new dimension to bitcoin’s potential utility. At first we will be struck by the presence of a technology like embedded mining; eventually we may be struck by its absence.”

[elux]

May 26, 2015 8:08 am | Nasdaq to step up blockchain trials

Nasdaq, the US exchanges operator, this year plans to increase the number of trials with the decentralised network that underpins bitcoin. The New York group expects to debut three or four trials of the ledger in trade processing in the next 12 months, in a move that Bob Greifeld, the group’s chief executive, hopes could radically reshape some of the US’s sometimes cumbersome and slow-moving market plumbing.

...

Blythe Masters, the former JPMorgan banker who helped develop the idea behind credit default swaps, has joined a group of trading executives setting up a venue that will convert buyers and sellers of financial assets into bitcoins, thus cutting settlement times.

Source: http://www.ft.com/intl/cms/s/0/81b6145c-0309-11e5-b31d-00144feabdc0.html

Full text: https://www.reddit.com/r/Bitcoin/comments/37az7o/nasdaq_to_step_up_blockchain_trials/crl6f4i

uhh...

...convert buyers and sellers of financial assets into bitcoins...

PEOPLE WILL BE TURNED INTO BITCOINS  

SOYLENT BITCOINS

This will introduce new efficiencies! RALLY!

[Brewins]

https://twitter.com/jgarzik/status/601447310535458816

RALLY?

block size will be increased, but no idea when and what details

rally

[elux]

Visa Founder, former Citibank Chairman, and former Secretary of the Treasury join Xapo as Advisors

Dee Hock is the founder of Visa, and is responsible for effectively creating payment systems as we know them today. “Bitcoin represents not only the future of payments but also the future of governance,” Mr. Hock said. “We live in the 21st century but are still using command and control organizational structures from the 16th century. Bitcoin is one of the best examples of how a decentralized, peer-to-peer organization can solve problems that these dated organizations cannot. Like the Internet, Bitcoin is not owned or controlled by any one entity, so it presents incredible opportunities for new levels of efficiency and transparency in financial transactions.”

John Reed was formerly the Chairman & CEO of Citibank, and was responsible for growing Citibank into the world’s first truly global financial franchise. Under Mr. Reed’s leadership Citibank developed the modern ATM and helped redefine the modern retail banking experience. “Financial services have remained largely untouched by the digital revolution,” says Mr. Reed. “Bitcoin represents a real opportunity for changing that. Money at its core is simply a ledger for keeping track of debts and Bitcoin is truly the best iteration of a universal ledger we’ve ever seen. The mere fact that there will never be more than 21 million bitcoins and that each bitcoin can be divided into 100 million units makes it a significant improvement on any historical form of currency.”

Lawrence H. Summers was the Secretary of the Treasury under President Bill Clinton, and continues to be one of the leading economic and policy thinkers of our time. “Until now whenever we’ve needed to transfer money we’ve had to rely on a third party, whether it be a bank, a clearing house or a payment network. Bitcoin offers, for the first time, a method for transferring value and making payments from anywhere to anywhere, in real-time, without any intermediary. This could mean we soon see many billions of people sending bitcoin everyday as easily as they currently send a text message.”

RALLY!!!!!!

[elux]

block size will be increased, but no idea when and what details

If we knew that, exactly, price would be at like $20000 already.

Investors and institutions are heavily discounting future price based on the "7tps limit".

Bitcoin isn't ready for mainstream until that goes. But it's getting ready.

OP, it's been almost Two Weeks^TM... Soon^TM?

Actually, not sure if it's going to be soon. No "Two weeks" guarantee implied.

It will seem like a long time if you sit and stare at the price.

This is a great time to be investing, less good for trading.

[Paashaas]

Visa Founder, former Citibank Chairman, and former Secretary of the Treasury join Xapo as Advisors

Dee Hock is the founder of Visa, and is responsible for effectively creating payment systems as we know them today. “Bitcoin represents not only the future of payments but also the future of governance,” Mr. Hock said. “We live in the 21st century but are still using command and control organizational structures from the 16th century. Bitcoin is one of the best examples of how a decentralized, peer-to-peer organization can solve problems that these dated organizations cannot. Like the Internet, Bitcoin is not owned or controlled by any one entity, so it presents incredible opportunities for new levels of efficiency and transparency in financial transactions.”

John Reed was formerly the Chairman & CEO of Citibank, and was responsible for growing Citibank into the world’s first truly global financial franchise. Under Mr. Reed’s leadership Citibank developed the modern ATM and helped redefine the modern retail banking experience. “Financial services have remained largely untouched by the digital revolution,” says Mr. Reed. “Bitcoin represents a real opportunity for changing that. Money at its core is simply a ledger for keeping track of debts and Bitcoin is truly the best iteration of a universal ledger we’ve ever seen. The mere fact that there will never be more than 21 million bitcoins and that each bitcoin can be divided into 100 million units makes it a significant improvement on any historical form of currency.”

Lawrence H. Summers was the Secretary of the Treasury under President Bill Clinton, and continues to be one of the leading economic and policy thinkers of our time. “Until now whenever we’ve needed to transfer money we’ve had to rely on a third party, whether it be a bank, a clearing house or a payment network. Bitcoin offers, for the first time, a method for transferring value and making payments from anywhere to anywhere, in real-time, without any intermediary. This could mean we soon see many billions of people sending bitcoin everyday as easily as they currently send a text message.”

RALLY!!!!!!

Nice find +1

[Erdogan]

If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.

[Fakhoury]

If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.

The issue now is when and how.

[mrhelpful]

https://twitter.com/jgarzik/status/601447310535458816

RALLY?

block size will be increased, but no idea when and what details

rally

Yeah maybe in like 5 years.

I would understand if this was based on each transaction, but we are no where near this problem.

1024 kb for 1 mb, and I see transactions at 300 kb

[Erdogan]

If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.

The issue now is when and how.

I know, but if it is "too late", in my mind that is just an interesting experiment in how the fee market will react. Of course it could slow down the whole adaption, which is bad, but it can't stop the project, nor can it open a window for competition.

[mrhelpful]

If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.

The issue now is when and how.

I know, but if it is "too late", in my mind that is just an interesting experiment in how the fee market will react. Of course it could slow down the whole adaption, which is bad, but it can't stop the project, nor can it open a window for competition.

Okay, so lets say we go with this model. With the fee market based on transactions spent, whats consider a fair fee then?

I dont believe the fee market concept will work.

[Erdogan]

If someone thinks the 7 tps limit will be lifted, why wait until the fact? By the way, I have never thought that 7 tps were final. Why should it be? The point is sound money. It has been clear from the beginning.

The issue now is when and how.

I know, but if it is "too late", in my mind that is just an interesting experiment in how the fee market will react. Of course it could slow down the whole adaption, which is bad, but it can't stop the project, nor can it open a window for competition.

Okay, so lets say we go with this model. With the fee market based on transactions spent, whats consider a fair fee then?

I dont believe the fee market concept will work.

Maybe not, at least not in the beginning (the market is people, so it depends on what they know and what they learn when it happens). As people have pointed out, it could be tragic at first. The trouble is that there will always be a limit in practice, so graceful degradation is necessary. When the 1 MB limit is extended, work is still needed to make sure that there is no chaos next time. You can not just extend the limit forever.

[bitcoin revo]

So many #bitcoin startups are sprouting all over the place and it is going more and more mainstream day by day. It will only get better and better over the coming year. I see this coming year as being the tipping point for Bitcoin Prices to surge.

[techgeek]

So many #bitcoin startups are sprouting all over the place and it is going more and more mainstream day by day. It will only get better and better over the coming year. I see this coming year as being the tipping point for Bitcoin Prices to surge.

Yeah, but despite the growth, its all about them actually sticking around.

Look at a fine case with BFL, that supposedly was a good company in the 1st year, then now went all bad.

[elux]

Look at a fine case with BFL, that supposedly was a good company in the 1st year, then now went all bad.

AHAHAROFLMAO!

https://bitcointalk.org/index.php?topic=110805.0

[Braino]

RALLY!!!!!!

[Amph]

this is turning like HODL? isn't it? meme that aims to encourage the support of bitcoin are always welcome

[elux]

this is turning like HODL? isn't it? meme that aims to encourage the support of bitcoin are always welcome

http://www.rathergood.com/moon_song

[bobc1994]

The price will likely go up and down and the same over and over again. The next investor rush will happen and the price will eventually rise even higher than before as Bitcoin gains more acceptance.

[jt byte]

The price will likely go up and down and the same over and over again. The next investor rush will happen and the price will eventually rise even higher than before as Bitcoin gains more acceptance.

I think this is the most likely scenario. I don't think it will just crash and burn or that it would go to the moon overnight. Steady climb with some bumps is what I expect

[elux]

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

[Fakhoury]

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

Where have you been man, I missed you really.

Why Bulls tends to leave the forum, am I the last Bull standing :S

Kindly show up more often than this, we need you

[elux]

Remember that one time... when Bitcoin went from sub 200 into this...






IN ABOUT A MONTH?

 



http://bitcoincharts.com/charts/bitstampUSD#rg10zczsg2013-10-01zeg2013-12-04ztgSza1gEMAzm1g9za2gEMAzm2g21zv

Get caught up in the troll invasion. Get caught up in the block size FUD. Lose sight of the bigger picture.

At your own peril.

When this starts going, it could go to $50 Billion dollar market cap.

Who knows what the real catalyst will be, this time,

but if the media goes crazy, and the general public follows Wall St. into buying on the Bitlicense.

You best be prepared.

[Fatman3001]

Remember that one time... when Bitcoin went from sub 200 into this...






IN ABOUT A MONTH?

 



http://bitcoincharts.com/charts/bitstampUSD#rg10zczsg2013-10-01zeg2013-12-04ztgSza1gEMAzm1g9za2gEMAzm2g21zv

Get caught up in the troll invasion. Get caught up in the block size FUD. Lose sight of the bigger picture.

At your own peril.

When this starts going, it could go to $50 Billion dollar market cap.

Who knows what the real catalyst will be, this time,

but if the media goes crazy, and the general public follows Wall St. into buying on the Bitlicense.

You best be prepared.

                  I approve of this message

[goxed]

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm.

[lyth0s]

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm.

Excellent business model.

1) Create difficult legal maze that everyone has to go through
2) Setup consulting office to show people how to get through maze
3) Profit


On a lighter note, if businesses and wall street "need" bitlicense before they have any balls to start innovating with bitcoin, then fine I will applaud Lawskey for at least paving the legal road for them.

But props to all the companies that are currently working on blockchain tech and that are most likely in more favorable jurisdictions than New York or the USA...

[elux]

Bitlicense is here! No more uncertainty.

Headlines are starting to tick in:

• http://www.ft.com/intl/fastft/333531/ny-regulator-issues-digital-currency-framework
• http://www.wsj.com/articles/ny-financial-regulator-lawsky-releases-final-bitlicense-rules-for-bitcoin-firms-1433345396
• http://www.usatoday.com/story/tech/2015/06/03/bitcoin-bitlicense-lawsky-rules-final/28405317/
• http://www.reuters.com/article/2015/06/03/bitcoin-regulation-new-york-idUSL1N0YP1ES20150603

New York regulator issues final bitcoin rules
NEW YORK, JUNE 3 | BY KAREN FREIFELD AND GERTRUDE CHAVEZ-DREYFUSS

New York state issued on Wednesday its final rules for virtual currencies such as bitcoin, easing regulations on the type of companies that could apply for a license.

Benjamin Lawksy, superintendent of financial services for the state of New York, said the new digital currency rules known as the "BitLicense" will focus on overseeing financial intermediaries only. Lawsky made the remarks on Wednesday at the BITS Emerging Payments Forum in Washington.

"There is a basic bargain that when a financial company is entrusted with safeguarding customer funds and receives a license from the state to do so - it accepts the need for heightened regulatory scrutiny to help ensure that a consumer's money does not just disappear into a black hole," said Lawsky.

As a result, the new rules would not apply to software developers, individual users, customer loyalty programs and gift cards, currency miners, nor to merchants accepting it as a payment. (Reporting by Gertrude Chavez-Dreyfuss and Karen Freifeld; Editing by Chizu Nomiyama)

Love it or hate it. I figure Lawsky just cracked the door open for Big Money.

[gotmilk_]

Bitlicense is here! No more uncertainty.

Headlines are starting to tick in:

• http://www.ft.com/intl/fastft/333531/ny-regulator-issues-digital-currency-framework
• http://www.wsj.com/articles/ny-financial-regulator-lawsky-releases-final-bitlicense-rules-for-bitcoin-firms-1433345396
• http://www.usatoday.com/story/tech/2015/06/03/bitcoin-bitlicense-lawsky-rules-final/28405317/
• http://www.reuters.com/article/2015/06/03/bitcoin-regulation-new-york-idUSL1N0YP1ES20150603

Bitcoin will be in all media today/tomorrow and reason for it will not be some exchange hack!! If nothing else more people will hear about it

[Fatman3001]

I know it's not classy to quote yourself. But I'm not classy.

http://www.coindesk.com/new-york-releases-final-bitlicense/

[wlefever]

Bitlicense is here! No more uncertainty.

Headlines are starting to tick in:

• http://www.ft.com/intl/fastft/333531/ny-regulator-issues-digital-currency-framework
• http://www.wsj.com/articles/ny-financial-regulator-lawsky-releases-final-bitlicense-rules-for-bitcoin-firms-1433345396
• http://www.usatoday.com/story/tech/2015/06/03/bitcoin-bitlicense-lawsky-rules-final/28405317/
• http://www.reuters.com/article/2015/06/03/bitcoin-regulation-new-york-idUSL1N0YP1ES20150603

New York regulator issues final bitcoin rules
NEW YORK, JUNE 3 | BY KAREN FREIFELD AND GERTRUDE CHAVEZ-DREYFUSS

New York state issued on Wednesday its final rules for virtual currencies such as bitcoin, easing regulations on the type of companies that could apply for a license.

Benjamin Lawksy, superintendent of financial services for the state of New York, said the new digital currency rules known as the "BitLicense" will focus on overseeing financial intermediaries only. Lawsky made the remarks on Wednesday at the BITS Emerging Payments Forum in Washington.

"There is a basic bargain that when a financial company is entrusted with safeguarding customer funds and receives a license from the state to do so - it accepts the need for heightened regulatory scrutiny to help ensure that a consumer's money does not just disappear into a black hole," said Lawsky.

As a result, the new rules would not apply to software developers, individual users, customer loyalty programs and gift cards, currency miners, nor to merchants accepting it as a payment. (Reporting by Gertrude Chavez-Dreyfuss and Karen Freifeld; Editing by Chizu Nomiyama)

Love it or hate it. I figure Lawsky just cracked the door open for Big Money.

Nice!  Glad to finally see this

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

Remember, this Lawsky guy will soon be quitting office and getting full on into crypto realm.

Excellent business model.

1) Create difficult legal maze that everyone has to go through
2) Setup consulting office to show people how to get through maze
3) Profit


On a lighter note, if businesses and wall street "need" bitlicense before they have any balls to start innovating with bitcoin, then fine I will applaud Lawskey for at least paving the legal road for them.

But props to all the companies that are currently working on blockchain tech and that are most likely in more favorable jurisdictions than New York or the USA...

+1 

[elux]

Bitcoin will be in all media today/tomorrow and reason for it will not be some exchange hack!! If nothing else more people will hear about it

Tens or hundreds of millions of people have heard about Bitcoin, right?

But, most of these people have learned everything they know about Bitcoin from a news story. Or three.  

Specifically, most people who have heard of "Bitcoin" at all have heard about it in context of either:

1: Mt. Gox
2: Silk Road
3: Bubbles!

Now... What happened today is:

Bitcoin just went from "Monopoly money you can buy drugs with."

To "regulated financial product" in the New York, the world's financial capital.

This will legitimately surprise people.

The media builds up and tears down.

This gives them a new angle to work with.

Salaried, non-neckbearded people will sit up in their chairs and take a second look.

And (some of them) will discover the wonders of magical internet money.

[ragi]

Bitlicense tomorrow: https://twitter.com/BenLawsky/status/605845521354219520

Did it happened? I am kinda out of the loop today...

[Paashaas]

Those faces the're pulling when they realizing that Bitcoin is legit after all...priceless!

Anyway, Ben Lawsky did a good job i expect great results. The door has opened for a new and first legit rally 

[elux]

Bitpay dumping? Ha! - https://www.youtube.com/watch?v=z8sNiawoG8o 

[elux]

Bitlicense is here! No more uncertainty.

Headlines are starting to tick in:

• http://www.ft.com/intl/fastft/333531/ny-regulator-issues-digital-currency-framework
• http://www.wsj.com/articles/ny-financial-regulator-lawsky-releases-final-bitlicense-rules-for-bitcoin-firms-1433345396
• http://www.usatoday.com/story/tech/2015/06/03/bitcoin-bitlicense-lawsky-rules-final/28405317/
• http://www.reuters.com/article/2015/06/03/bitcoin-regulation-new-york-idUSL1N0YP1ES20150603

Love it or hate it. I figure Lawsky just cracked the door open for Big Money.

more coverage... and from who?

• http://www.institutionalinvestor.com/article/3458873/banking-and-capital-markets-trading-and-technology/bitlicense-legitimacy-for-digital-currencies-but-will-innovation-suffer.html
• http://www.nasdaq.com/article/ny-financial-regulator-releases-final-bitlicense-rules-20150603-00758
• http://www.americanbanker.com/news/law-regulation/nys-lawsky-unveils-final-bitlicense-regulations-1074667-1.html
• http://www.bizjournals.com/newyork/news/2015/06/03/benjamin-lawsky-unveils-new-yorks-historic.html
• http://www.forexminute.com/bitcoin/bitlicense-released-59527
• http://www.venturebeat.com/2015/06/03/new-york-financial-services-dept-issues-rules-for-bitlicenses/
• http://www.businessinsider.com/r-new-york-regulator-issues-final-bitcoin-rules-2015-6?IR=T
• http://www.thehill.com/policy/cybersecurity/243881-wall-street-watchdog-releases-final-bitcoin-rules
• http://www.capitalnewyork.com/article/albany/2015/06/8569346/lawsky-releases-final-bitcoin-regulations
• http://www.theregister.co.uk/2015/06/03/wall_street_regulator_releases_final_bitcoin_regulations/
• http://www.finextra.com/news/fullstory.aspx?newsitemid=27428

[Hunyadi]

Bitpay and Bitlicense!

[Wexlike]

And now imagine these kind of news at the end of 2013. We would have touched 4k.

[Amph]

And now imagine these kind of news at the end of 2013. We would have touched 4k.

i would go ahead and say probably 4k without the fake pump, all natural growth, so with the help of willy bot and chinese a even higher number

[Meuh6879]

Bitpay and Bitlicense!

so ... coinbase exchange can now open ?  joke of the day ... 

[Natalia_AnatolioPAMM]

And now imagine these kind of news at the end of 2013. We would have touched 4k.

that's pity now these rules don't work that way 

[elux]

Financial Blockchain Applications will be Measured in the Trillions, says Blythe Masters at Exponential Finance 2015




https://bitcoinmagazine.com/20686/financial-blockchain-applications-will-measured-trillions-says-blythe-masters-exponential-finance-2015/

[LockDowm]

Financial Blockchain Applications will be Measured in the Trillions, says Blythe Masters at Exponential Finance 2015

https://bitcoinmagazine.com/20686/financial-blockchain-applications-will-measured-trillions-says-blythe-masters-exponential-finance-2015/

How about bitcoin? will be 0$ before the end of 2015?

[elux]

How about bitcoin? will be 0$ before the end of 2015?

[Fatman3001]

Put that in your pipe and... well don't do that. Smoking is frowned upon in NY.

http://www.coindesk.com/nyse-chairman-millennials-trust-bitcoin-more-than-fiat/

[Dotto]

what a spiky rally

[Fatman3001]

what a spiky rally

Not crashing is the new rally. I like it.

[Febo]

https://twitter.com/jgarzik/status/601447310535458816

RALLY?

block size will be increased, but no idea when and what details

rally

Yes more is better. What do people know of it. Except that bigger block will bring more profit.
People are not interested in details. Not of bitcoin nor of agriculture. What they care is that apple taste good.

[kingaltcoins]

will rise when the demand for btc rises.
Not in the current horizon of events, but will happen sooner or later

[randy8777]

will rise when the demand for btc rises.
Not in the current horizon of events, but will happen sooner or later

no kidding. bitcoin price can go up or down at any time. people can predict as much as they wish. make sure you buy before its too late.

[elux]

The chairman of the NEW YORK STOCK EXCHANGE is like "WE ENDORSE THE BITCOIN" ("all the kids love it")

And bitcoin is like...

People are not interested in details. Not of bitcoin nor of agriculture. What they care is that apple taste good.

and like

will rise when the demand for btc rises.
Not in the current horizon of events, but will happen sooner or later

and i'm like

NYSE is backing Bitcoin. NASDAQ is backing Bitcoin.

Retail investors are knocking on the door.


♬ When the NYSE Chairman is pumping Bitcoin,
 the times they are a changin' ♬

[elux]

Time to move off of blockchain.info and... RALLY!!!!!

https://live.blockcypher.com/btc/

[elux]

"Bitcoin has the ability to be very, very viral."

www.afr.com/technology/are-bitcoin-and-the-banks-worth-it-or-a-waste-of-time-20150605-ghh9n8

[ssmc2]

"Bitcoin has the ability to be very, very viral."

www.afr.com/technology/are-bitcoin-and-the-banks-worth-it-or-a-waste-of-time-20150605-ghh9n8

"the concept of a decentralised ledger is an innovation with potentially broad applications for a modern economy

Notice the singular form of the word ledger. 

[elux]

Made the Wall Street Journal today, again:

Money Isn’t Free, but Moving It Is Now Cheaper

Payment startups disrupt traditional cash-transfer firms by offering nearly instantaneous, zero-cost services

By CHRISTOPHER MIMS
June 7, 2015 6:23 p.m. ET

One day last year, at the height of the Ukrainian revolution, Mark Howard spotted something interesting on television. In the background, a protester was holding up a poster with an instantly recognizable logo: A “B” with two vertical bars, the symbol for the digital currency bitcoin.

Mr. Howard is an American IT specialist and a self-described bitcoin enthusiast. He surmised that the poster’s QR code, which is a kind of square bar code, must contain the address of a bitcoin wallet belonging to the protesters. On a whim, he froze the frame, scanned the code with an app on his phone, and sent $10 worth of bitcoin to a country whose banks were paralyzed but whose protesters needed money to continue their fight. It happened instantly, and the total cost of the transaction was $0.02.

If using unregulated cryptocurrency to crowd-fund foreign revolutions sounds like a quintessentially 21st-century edge case, here’s a thing you need to know: The same fundamental technologies that enabled Mr. Howard’s impromptu act of foreign aid are being used by hundreds of other companies, in many countries, to do something that has never happened in the history of money: Exchange it at any distance, nearly instantaneously and for near-zero transaction fees.

We are just at the start of understanding what this will mean. The safe bet is that the easier it is to exchange money, the more of it will be exchanged, with obvious implications for economies that successfully integrate these technologies.

(...)

http://www.wsj.com/articles/here-comes-almost-free-money-1433715790

[Amph]

will rise when the demand for btc rises.
Not in the current horizon of events, but will happen sooner or later

a propaganda thread like this can surely help it a bit, to not fall at least, there should be one in every forum of bitcoin/altcoin and anything related to it

[elux]

World's First Cryptobond Has First Buyer

Published: June 8, 2015 8:00 a.m. ET

Overstock.com CEO Makes Historic Purchase of a Digital Bond Issued on Bitcoin's Blockchain

SALT LAKE CITY, Jun 08, 2015 (GLOBE NEWSWIRE via COMTEX) --

Overstock.com, Inc. OSTK, +2.27% announced its CEO Patrick M. Byrne today made the first purchase of the world's first cryptobond for $500,000. Working with other qualified institutional buyers, the company intends to sell a total of $25 million in digital bonds to trade on a cryptographically-protected distributed ledger – the same technology that underlies cryptocurrencies such as bitcoin.

"It's not exactly Jonas Salk injecting himself with his polio vaccine, but I wanted to own the first cryptosecurity ever issued," stated Byrne. "I intend to demonstrate my belief not just in Overstock, but in the TØ.com platform that we built and, indeed, in the cryptorevolution itself."

...

TØ.com is powered by the blockchain and the Open Assets protocol. Those who purchase cryptobonds through TØ.com will be able to track their ownership on the bitcoin blockchain. Trades on TØ.com securely settle same day, as opposed to the customary three day settlement on Wall Street (referred to as "T+3"). According to Byrne, issuing the TIGRcub bonds on the TØ.com platform proves that cryptotechnology can facilitate transparent and secure access to capital by emerging companies.

...

http://www.marketwatch.com/story/worlds-first-cryptobond-has-first-buyer-2015-06-08

Overstock just opened up the bond market:

The bond market (also debt market or credit market) is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market. This is usually in the form of bonds, but it may include notes, bills, and so on.

Its primary goal is to provide long-term funding for public and private expenditures. The bond market has largely been dominated by the United States, which accounts for about 44% of the market.[1]

As of 2009, the size of the worldwide bond market (total debt outstanding) is an estimated at $82.2 trillion,[2]
of which the size of the outstanding U.S. bond market debt was $31.2 trillion according to Bank for International Settlements (BIS),
or alternatively $35.2 trillion as of Q2 2011 according to Securities Industry and Financial Markets Association (SIFMA).[2]

Nearly all of the average daily trading in the U.S. bond market takes place between broker-dealers and large institutions in a decentralized over-the-counter (OTC) market.[3]
However, a small number of bonds, primarily corporate ones, are listed on exchanges.

Today.

Overstock opened up.

The bond market.

To Bitcoin.

[MarihuanaStocks]

Moon?

[rjclarke2000]

Moon?

100% moon of course!!

[MarihuanaStocks]

Two words: All in! 

[Hunyadi]

We have waited for the Bitlicense for - what - one year? There was lots of uncertainty because of that. Now that it's done, it has to mean something, right? It seems that the (bearish) market maker at Bitfinex doesn't get this 

[rjclarke2000]

Two words-    Buy as many bitcoins as possible

[MarihuanaStocks]

We have waited for the Bitlicense for - what - one year? There was lots of uncertainty because of that. Now that it's done, it has to mean something, right? It seems that the (bearish) market maker at Bitfinex doesn't get this 

They will regret that later on

[Erdogan]

Finex in lockstep with the chinese exchanges.

btc-e has come down to par with finex, has been clearly higher for a few weeks, traditionally it has been about usd 10 lower.

Finex volume now 3-4 times btce - running away.

[Natalia_AnatolioPAMM]

Two words-    Buy as many bitcoins as possible

agree totally

[goxed]

Anything new that happened today? News? Developments?

[Cconvert2G36]

Anything new that happened today? News? Developments?

6000 btc or so in shorts closed on bitfinex. Longs up about $1mil.

Patrick Byrne bought $500k worth of Overstock cryptobonds, issued using the open assets protocol.

http://www.marketwatch.com/story/worlds-first-cryptobond-has-first-buyer-2015-06-08

Winklevii have an announcement scheduled for the 11th, probably Gemini launch.

[goxed]

Anything new that happened today? News? Developments?

6000 btc or so in shorts closed on bitfinex. Longs up about $1mil.

Patrick Byrne bought $500k worth of Overstock cryptobonds, issued using the open assets protocol.

http://www.marketwatch.com/story/worlds-first-cryptobond-has-first-buyer-2015-06-08

Winklevii have an announcement scheduled for the 11th, probably Gemini launch.

Thanks! Our forum's Press section is quite lacking.

[elux]

Anything new that happened today? News? Developments?

6000 btc or so in shorts closed on bitfinex. Longs up about $1mil.

Patrick Byrne bought $500k worth of Overstock cryptobonds, issued using the open assets protocol.

http://www.marketwatch.com/story/worlds-first-cryptobond-has-first-buyer-2015-06-08

Winklevii have an announcement scheduled for the 11th, probably Gemini launch.

BEEP BEEP! This just in.....

Blockstream Unveils Much-Awaited First Sidechain Prototype!



After eight months developing its much-anticipated “sidechains” project, which aims to turn bitcoin’s technology into a more versatile platform for innovative decentralizing applications, the cryptography team at Blockstream has unveiled its first prototype sidechain.

...

http://blogs.wsj.com/moneybeat/2015/06/08/bitbeat-blockstream-unveils-much-awaited-first-sidechain-prototype/

Timestamp this tweet. This is the beginning of the march back to $1,000 #bitcoin by the end of 2015. #sidechains @blockstream

https://twitter.com/twobitidiot/status/608088070517366784

SIDECHAINS!

[ajareselde]

Timestamp this tweet. This is the beginning of the march back to $1,000 #bitcoin by the end of 2015. #sidechains @blockstream

https://twitter.com/twobitidiot/status/608088070517366784

Yeah, he's the expert in price prediction i see..

[elux]

blockstream.gmaxwell.elements.talk.060815.pdf:

[Cockatiel]

Anything new that happened today? News? Developments?

Price almost above 230.

The biggest rise in BTC's recent story

[Chef Ramsay]

Anything new that happened today? News? Developments?

Price almost above 230.

The biggest rise in BTC's recent story

You're under surveillance atm as there's been a rash of newb bullcrap lately and you may know what I'm talking about.

Ajar, any idea on who tweeted that?

[shadowphoenix]

lets do this 

[elux]

http://images.apple.com/cn/live/2015-june-event/images/f7dc4225feb6480ffacd1aea6f1230f6950de7a1_expanded_large.jpg

[Fatman3001]

http://images.apple.com/cn/live/2015-june-event/images/f7dc4225feb6480ffacd1aea6f1230f6950de7a1_expanded_large.jpg

I think I just had an episode. I have to change my underpants.

[randy8777]

Anything new that happened today? News? Developments?

why do you think something happened? just because the bitcoin is up a few bucks? it's just a wave of nothing that will vanish within a week.

[ajareselde]

Anything new that happened today? News? Developments?

why do you think something happened? just because the bitcoin is up a few bucks? it's just a wave of nothing that will vanish within a week.

It could mean nothing, but then again, when the price is about to move upwards, the first steps are the hardest, since after a long period of stabile price
also mean a lot of people selling as soon as the price goes up a bit, thinking they will be able to re-buy lower again. When they fail to do so and are forced to re-buy at a higher price than
that what they sold for - thats when the rally begins. We have been waiting for price growth for such a long time that rarely anyone believes in it anymore, but it doesn't mean it wont happen.

cheers

[Hyena]

Rally confirmed: tonight I had a dream of BTC price making a sudden upward move and then went full retard going massively UP UP UP, breaking the barrier of 240$, making the weekly parabolic SAR turn into full bull mode.

[Bitdonator]

Thanks a lot for opening a new thread !!! 

[goxed]

Anything new that happened today? News? Developments?

6000 btc or so in shorts closed on bitfinex. Longs up about $1mil.

Patrick Byrne bought $500k worth of Overstock cryptobonds, issued using the open assets protocol.

http://www.marketwatch.com/story/worlds-first-cryptobond-has-first-buyer-2015-06-08

Winklevii have an announcement scheduled for the 11th, probably Gemini launch.

I so would have loved the shorts to get Squeezed.

[ssmc2]

http://images.apple.com/cn/live/2015-june-event/images/f7dc4225feb6480ffacd1aea6f1230f6950de7a1_expanded_large.jpg

What am I looking at here??

[Fatman3001]

http://images.apple.com/cn/live/2015-june-event/images/f7dc4225feb6480ffacd1aea6f1230f6950de7a1_expanded_large.jpg

What am I looking at here??

Official app icons for the apple watch. I'm guessing it's a version of the Bither Bitcoin wallet.

[ssmc2]

http://images.apple.com/cn/live/2015-june-event/images/f7dc4225feb6480ffacd1aea6f1230f6950de7a1_expanded_large.jpg

What am I looking at here??

Official app icons for the apple watch. I'm guessing it's a version of the Bither Bitcoin wallet.

Ahhh thanks

[elux]

"This recovery won't last."

"Better wait to see if it lasts."

[elux]

[gotmilk_]

https://twitter.com/TuurDemeester/status/610429177553137664/photo/1

 

[elux]

H/T: @TuurDemesteer

[elux]

https://twitter.com/TuurDemeester/status/610429177553137664/photo/1

 

Damn, just beat me to it!

Bitcoin is a permanent, immutable, global record of ownership.

As well as a global, secure, disinflationary money.

Could such a thing conveivably find use outside the US & EU?

Entire new markets would have to come on line.

The last time something like that happened, CHINA happened.

[gotmilk_]

https://twitter.com/TuurDemeester/status/610429177553137664/photo/1

 

Damn, just beat me to it!

Bitcoin is a permanent, immutable, global record of ownership.

As well as a global, secure, disinflationary money.

Could such a thing conveivably find use outside the US & EU?

Entire new markets would have to come on line.

The last time something like that happened, CHINA happened.

Hah, didn't even notice

Yep... And we are not even near mass adoption 

[Hyena]

Hah, didn't even notice

Yep... And we are not even near mass adoption 

we're going to be sooo rich

[elux]

https://twitter.com/goldmansachs/status/610459489226108931

PS: That video is a very, very good intro to Bitcoin for the mainstream, skeptical audience.

http://www.goldmansachs.com/our-thinking/talks-at-gs/evolution-of-bitcoin.html

Youtube version: https://www.youtube.com/watch?v=7-vYEsfsa30

[Amph]

"This recovery won't last."

"Better wait to see if it lasts."

fucking true, the sadly thing about this is that it work exact the same with gambling site, and ponzi scam

this is why, for who is also only slightly addicted, is doomed..

[elux]

JoyStream: | A new BitTorrent client, with faster speeds, streaming and paid seeding.

Proof of Concept Demonstration | Bitcoin micropayments for:

Real time streaming over bittorrent / getting paid for providing bandwidth over bittorrent.

Fast Downloads

JoyStream rewards seeders for providing bandwidth with micropayments, and this leads to much higher download speeds on all content.

More Content

JoyStream gives anyone with a full download a reason to stick arround and become a seeder, which radically improves content availability.

Streaming

JoyStream makes it possible to download and seek to any part of a large HD audio or video file by simply requesting and paying for it directly, which makes streaming work as well as on the web.

Paid Seeding

Anyone with spare bandwith can use JoyStream and earn BitCoin, at what ever price they choose, in exchange for seeding to peers.
If you have some rare content which no one else has, you are rewarded by being able to charge higher prices

The brilliant insight of the BitTorrent system was to mobilize the idle upstream bandwidth of peers which had a mutual interest in acquiring the same content through barter tit-for-tat exchange. However, the problem of how to incentivize bandwidth contribution from peers which had no need for downloading, e.g. because they had completed the download - or because they had no interest, was a serious problem for the quality of the experience. People tried to work around this by organizing into private communities which imposed strict rules for minimial levels of bandwidth contribution, however access to and continued membership with such communities always remained too elusive and complicated for a lot of people. JoyStream attempts to solve this problem, with an open peer-to-peer solution in line with BitTorrent itself, by using the new money of the Internet, [Bitcoin].

This:

• Fixes the incentives problem in Bittorrent.
• Makes private trackers obsolete.
• Incentivizes seeding hard to find content.

And maybe:

• Gives a million teenagers Bitcoin denominated income.

If you felt a disturbance in the force just now, that was probably copyright holders screaming in terror.

[ThatDGuy]

Just a nice steady upswing.

[Hunyadi]

• Gives a million teenagers Bitcoin denominated income.

The killer app?  

[elux]

• Gives a million teenagers Bitcoin denominated income.

The killer app?  

Yep. Monetize your surplus bandwidth!

IMHO, first credible candidate for true mass market use of "the blockchain".

You can use Joystream and get paid to seed, or you can use another client like μTorrent® to leech while suffering the pain of adware.

Bitcoin assumes the role of background infrastructure for solving an existing incentives problem here.

[BillyBobZorton]

H/T: @TuurDemesteer

It's amazing how all indicators are showing a clear UP and non stop long term rise, including VC money which keeps getting in and transaction volume keeps going up, yet you still see fud all over the place because people is too impatient to see it translated into the price

[elux]

ACTUAL RALLY!!!!

 

[cypherdoc]

Yeah baby, GO!!!!

[Amph]

yeah fuck the short, i challenge them to short now those bitches

their conversion is imminent, plenty of bear are becoming bullish now

inside me, better to not get too excited, better to not get too excited better to no...fuck i can feel the rise now!!!

[misterycoins]

Welcome $250, it has been a long time since I've seen you last time...

[farting_shot]

Sliding back down to 220... Pump and dump lasted only a couple hours this time.

[elux]

Pump and dump lasted only a couple hours this time.

Sounds like you should look up the definition of pump and dump.



We have stabilized at ~245. Chill here, then move up!

[elux]

Aaaand we're moving up. And we just hit Reuters, again.



This will be in hundreds of newspapers tomorrow.

Hundreds of local, regional, national newspapers.

[sx100]

Aaaand we're moving up. And we just hit Reuters, again.



This will be in hundreds of newspapers tomorrow.

Hundreds of local, regional, national newspapers.

Can the Greek government quickly introduce capital controls to stop people withdrawing money from their banks? Also, if Greece goes bankrupt can it legally force bank customers to pay the debts of their banks with their savings? I know lots of countries were discussing a plan to pass bankrupt banks debts onto their customers rather than governments bailing them out.

[elux]

were you not paying attention? read this thread from page one.



https://www.youtube.com/watch?v=zGNryrsT7O

[gotmilk_]

Lets hope people start feeding all those ATMs... Most of them are connected with Bitstamp so that could help to clear its orderbook a bit. Since it is lagging behind  

[pixl8tr]

Its been so long since a rally, I start to wonder when all those huge miners in Asia will start their dump.  Soon perhaps  @ 250?

[Braino]

HODL!!!

[fearlesscat10]

I went without internet for 3 days and this is what I come home to. My god, any opinions on how long this will last until it falls?

[Amph]

so we have crushed the 250 barrier, now we need to hold that for a bit, before going up again, or only a crush will await us

the trick should be, to consolidate each step

[rjclarke2000]

I went without internet for 3 days and this is what I come home to. My god, any opinions on how long this will last until it falls?

Keep going without Internet then! Come back in one year please!

[elux]

Huobi on Twitter just now:



https://twitter.com/huobicom/status/611122858941550593

Any day now, Huobi. Any day now.

[elux]

In more substantial news: XBT Provider's NASDAQ-OMX Nordic listed Bitcoin Tracker ETN is now available in 179 countries.

[Ahab_Hunter_of_BearWhale]

Holidays at the moon this summer!

I'll buy you some scotch on that lovely great moon, gentleman..

After the violent cantankerous obstreperously officious BearWhale is Slain!




(just cross out that Oct 2014 to be mid to late 2015.

[Shiver]

Can the Greek government quickly introduce capital controls to stop people withdrawing money from their banks? Also, if Greece goes bankrupt can it legally force bank customers to pay the debts of their banks with their savings? I know lots of countries were discussing a plan to pass bankrupt banks debts onto their customers rather than governments bailing them out.

If the money is in the bank then it's not legally yours anymore.  You've given them back their debt notes.  So for Greece (or anywhere else), I'd say they likely don't have to change any of their rules to use their customers efforts to support themselves.

[rjclarke2000]

Elux is the ray of sunshine on a cloudy day

[8up]

Seems we are on track!

[ragi]

This is a change of pace.

[srgkrgkj]

This is a change of pace.

... which is definetaly welcoming lol after weeks of stagnation we are finally moving in the right direction up !! We are at 256 now i i would say 275 is not a unreasonable target at the moment ...

[bumpk1nK]

was that it? Is there more rally to come?

[Amph]

was that it? Is there more rally to come?

it seems there are a little resistance at 250, we have stopped there for now, i'm waiting to see if this is a rally or a the usual dead cat bounce/exchange manipulation

[srgkrgkj]

was that it? Is there more rally to come?

it seems there are a little resistance at 250, we have stopped there for now, i'm waiting to see if this is a rally or a the usual dead cat bounce/exchange manipulation

i guess time will tell but 250 seems like a solid floor for now before we go either waty we are momentarily going under for a few secs at a time tho ...

[smith coins]

huge buy bumped up the price, but if you compare the up/down activity post buy to the up/down activity pre-buy, I don't see a huge difference...
I'm not ready to call rally yet.

[elux]

Go Canada!  

Here's what the Canadian Senate just put in the Bitcoin blockchain:

TEXT:
"Senate Banking Committee calls for light touch approach to regulation of Satoshi's invention"

DOCUMENT HASH:
81b43c71e2eea227655bd2cf8aba38e18613825bd82332903b1655ead135243d proof of existence

Corresponding to...

DOCUMENT
The Senate Banking Committee's report on digital currency

(background)

I'm a Canadian Bitcoin professional. A little while ago Decentral, where I work, was approached by a Senate staffer for assistance in placing a short message and a "proof of existence" into the blockchain on the release of their report about digital currencies. My colleague and I were happy to provide them with technical help. Today both that report and the blockchain message + proof of existence have been publicly released and included in block #361625, as can be verified at the above links.

(technical details)

In order to minimise blockchain bloat both the message and the document hash were embedded using OP_RETURN so that full nodes do not have to store the UTXO's in their mempool, as they are forced to with, for example, the aptly-named cryptograffiti approach. The use of OP_RETURN also ensures that these outputs can be pruned from disk storage by non-archival nodes in the future. Due to the small size permitted in OP_RETURN the message was split across three different transactions.
The document hash was embedded using the format from ProofOfExistence.com, though not through the site itself due to a need for clear association between the message and the document hash. To verify the proof of existence, download the file directly from the Senate link and hash it with the sha256 algorithm (for example using the "shasum" tool on linux). Compare the hexadecimal representation of the hash with the hexadecimal string located in the transaction at the "DOCUMENT HASH" link above (mouse over the "Proof of Existence" link on coinsecrets.org to see the hash). They should match!

(in plain language)

Mostly for fun, and partly as a nod to the community, the Canadian Senate has embedded the message "Senate Banking Committee calls for light touch approach to regulation of Satoshi's invention" as well as a short cryptographic "timestamp" that will prove to later viewers the document existed at this particular point in time and has not been changed since.
(more about the report)

As posted yesterday evening, this report is the one the Senate banking committee has been working on for quite some time, and in service of which Andreas Antonopoulos, along with many others, have testified before the committee. The conclusion reached by the committee seems to be a largely positive one, saying explicitly that the benefits of this technology outweigh the challenges it introduces and recommending a "light touch" in the regulatory department.

Edit:

Confirmation tweet from Senator Doug Black: https://twitter.com/DougBlackAB/status/611922954885165056

https://www.reddit.com/r/Bitcoin/comments/3aei7c/heres_what_the_canadian_senate_just_put_in_the/

Glorious!

[bitcoin1992]

That is a time when you can buy lots of bitcoins before the next rally starts and that price becomes an interesting

[elux]

Current thoughts of Marc Andreessen (on Bitcoin): https://soundcloud.com/a16z/a16z-podcast-taking-the-pulse-of-vc-and-tech-dan-primack-interviews-marc-andreessen#t=34:48

[elux]

Buy goods and services without a merchant,
place bets without a bookie,
buy insurance without an underwriter,
access finance and loans without a bank,
trade without an exchange,
purchase commodities without a broker,
create and enforce contracts without lawyers,
secure escrow without an agent,
gain internet access without an ISP,
securely store data without a hosting company,
verify records without a notary,
establish reputation and credit without a credit agency,
and create identity without a government.

https://youtu.be/IgETC2JMUBI?t=23m54s

[elux]

 #GRALLY!

http://www.bloomberg.com/news/articles/2015-06-27/greeks-line-up-at-banks-and-drain-atms-after-tsipras-calls-vote

[ajareselde]

gain internet access without an ISP,
.

https://youtu.be/IgETC2JMUBI?t=23m54s

Do you mind explaining this one  a bit more in detail ?
btw ~300 views doesnt show incentive that people are that interested, yet

 #GRALLY!

http://www.bloomberg.com/news/articles/2015-06-27/greeks-line-up-at-banks-and-drain-atms-after-tsipras-calls-vote

This, on the other hand, has much more potential in creating an actual rally.

cheers

[Hyena]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

[WhatTheGox]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

Yeah looks like we have another move up but we must break firstly $250 and next we need to break the highs of $260 after that if we make it past we'll probaly go right up to $300 without resistance.

[elux]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

[spud21]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

Yeah looks like we have another move up but we must break firstly $250 and next we need to break the highs of $260 after that if we make it past we'll probaly go right up to $300 without resistance.

There was a fairly big dump the last time we got near 260 but the price is slowly starting to creep up again. The next time we get near 250 there should be less profit takers prepared to dump. That should make it much easier to break above it the next time.

[EsBitcoin.org]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

Yeah looks like we have another move up but we must break firstly $250 and next we need to break the highs of $260 after that if we make it past we'll probaly go right up to $300 without resistance.

There was a fairly big dump the last time we got near 260 but the price is slowly starting to creep up again. The next time we get near 250 there should be less profit takers prepared to dump. That should make it much easier to break above it the next time.

I think the same, be careful guys.

[Amph]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

[elux]

https://www.youtube.com/watch?v=1TmPU3ii_uE

[rjclarke2000]

https://www.youtube.com/watch?v=1TmPU3ii_uE

Looking at the price I think stavros has used the ATM.

[randy8777]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

[Fakhoury]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Small movements gets bigger ones, patience my friend

[Erdogan]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

[BillyBobZorton]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

Well, that is basically how markets work. It's a zero fools game. When you are happy because you won, some other person is sad because he did a mistake (which could be selling to you at the peak).

[Hyena]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

+1

[WhatTheGox]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

Yeah looks like we have another move up but we must break firstly $250 and next we need to break the highs of $260 after that if we make it past we'll probaly go right up to $300 without resistance.

There was a fairly big dump the last time we got near 260 but the price is slowly starting to creep up again. The next time we get near 250 there should be less profit takers prepared to dump. That should make it much easier to break above it the next time.

$250 looks to be well and truly down as a barrier, $260 is important and maybe $266 since its got so much history at that level.

[elux]

[elux]

Well... Greece just got goxxed. Banks are to remain closed "indefinitely" per the New York Times / Associate Press:

ATHENS, Greece — Greece's five-year financial crisis took its most dramatic turn to date Sunday, with the prime minister announcing Greek banks would remain shut indefinitely and restrictions would be imposed on cash withdrawals.

The decision came on the recommendation of the Bank of Greece, Prime Minister Alexis Tsipras said during a televised address to the nation. He didn't immediately say what types of capital controls would be imposed.

...

http://www.nytimes.com/aponline/2015/06/28/world/europe/ap-eu-greece-bailout.html

If you had money in your greek bank account, good luck to you.

If your capital can be controlled it's not your capital anymore. - Satoshi Nakamoto.

https://twitter.com/pdimitrakos/status/615271754097926144

Next week is going to be interesting.

Mark Karpeles on Greek bank deposits:

[Mobius]

Cyprus all over again. Just on a bigger scale. Strap in.

[elux]

Cyprus all over again. Just on a bigger scale. Strap in.

Snowball effect?

Puerto Rico’s Governor Says Island’s Debts Are ‘Not Payable’
By MICHAEL CORKERY and MARY WILLIAMS WALSH | JUNE 28, 2015



Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.

The governor, Alejandro García Padilla, and senior members of his staff said in an interview last week that they would probably seek significant concessions from as many as all of the island’s creditors, which could include deferring some debt payments for as long as five years or extending the timetable for repayment.

“The debt is not payable,” Mr. García Padilla said. “There is no other option. I would love to have an easier option. This is not politics, this is math.”

It is a startling admission from the governor of an island of 3.6 million people, which has piled on more municipal bond debt per capita than any American state.

A broad restructuring by Puerto Rico sets the stage for an unprecedented test of the United States municipal bond market, which cities and states rely on to pay for their most basic needs, like road construction and public hospitals.

That market has already been shaken by municipal bankruptcies in Detroit; Stockton, Calif.; and elsewhere, which undercut assumptions that local governments in the United States would always pay back their debt.

Puerto Rico’s bonds have a face value roughly eight times that of Detroit’s bonds. Its call for debt relief on such a vast scale could raise borrowing costs for other local governments as investors become more wary of lending.

Perhaps more important, much of Puerto Rico’s debt is widely held by individual investors on the United States mainland, in mutual funds or other investment accounts, and they may not be aware of it.

Puerto Rico, as a commonwealth, does not have the option of bankruptcy. A default on its debts would most likely leave the island, its creditors and its residents in a legal and financial limbo that, like the debt crisis in Greece, could take years to sort out.

...

FULL TEXT: http://www.nytimes.com/2015/06/29/business/dealbook/puerto-ricos-governor-says-islands-debts-are-not-payable.html

[Hyena]

Cyprus all over again. Just on a bigger scale. Strap in.

Snowball effect?

Puerto Rico’s Governor Says Island’s Debts Are ‘Not Payable’
By MICHAEL CORKERY and MARY WILLIAMS WALSH | JUNE 28, 2015

FULL TEXT: http://www.nytimes.com/2015/06/29/business/dealbook/puerto-ricos-governor-says-islands-debts-are-not-payable.html

When will they start buying into BTC big time? It should be 300$ by now, what the fuck are they waiting?

[rjclarke2000]

This is totally bonkers. Up $5 after all this chaos? Madness I say.

I agree, you'd think at least $300 per coin

[8up]

This is totally bonkers. Up $5 after all this chaos? Madness I say.

I agree, you'd think at least $300 per coin

I think you are not aware of the heavy resistances, bitcoin has to face in this price range.

[Morecoin Freeman]

This is totally bonkers. Up $5 after all this chaos? Madness I say.

I agree, you'd think at least $300 per coin

I think you are not aware of the heavy resistances, bitcoin has to face in this price range.

This is true. For example me personally, I have been busy shorting since 250. Srry you guys.

[ragi]

This is true. For example me personally, I have been busy shorting since 250. Srry you guys.

You're not the only one. This is why the price is in these levels for months.

[rjclarke2000]

I am not a trader and all I do is look at the price. I held Bitcoin just before the 2013 pump and it flew up back then. Was there no resistance back then?

What resistance is there now and why? Why didn't btc struggle flying past $300 a year and a half ago? what's it going to take to go up?

[elux]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

[cypherdoc]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

[Hyena]

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

[cypherdoc]

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

sounds legit.  to me.

can i haz Santorini?

[gentlemand]

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

Transfers are fine within Greece by the looks of things.

http://www.theguardian.com/world/2015/jun/29/greek-debt-crisis-key-points-athens-bank-controls

You can't send it out of the country. I wonder what the rules are about receiving.

I'd go for a suitcase full of Euros myself. You'd need to budget for surgery after your hand had been bitten off.

[eerygarden]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

[ssmc2]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

WU still has to rely on banks behind the scenes.

[eerygarden]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

WU still has to rely on banks behind the scenes.

Do you mean if a customer came in wanting to send euros out of the country that he couldn't because of the capital controls the banks have on sending money out of the country? Ok that makes a little sense.

[ragi]

They can't have their money to buy anything. You talk about bitcoin...

[gentlemand]

They need some Hawala.

[elux]

They can't have their money to buy anything. You talk about bitcoin...

They need some Hawala.

I guess we have the answer.

Q:  What effect does Greece leaving the Euro have on bitcoin's value?

A:  None

History may find your verdict extremely premature.

This terrible situation validates the core concept of Bitcoin.

Because, Bitcoin will not shut down on Monday.

Bitcoin is money beyond the reach of politics.

Money that cannot be censored or confiscated at will.

An alternative that is always there, and just keeps going.

Under adversarial conditions. Indeed, under any conditions.

Come monday, all Greek banks will be closed.

And Bitcoin will be open for business.

On Monday, and every day, in Greece and everywhere, 24/7.

So, it falls on Greeks citizens and Greek companies to make do with any one of three options.

Cash, or barter, or Bitcoin.

And almost all Greeks will choose cash and barter, but Bitcoin will be there.

And when the world comes crashing down,

Bitcoin is the better option.

And so, the great deluge begins with a trickle.

[elux]

Unsubstantiated news boosting Bitcoin has arrived:

Greeks are rushing to Bitcoin: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Greek crisis stokes bitcoin prices higher: http://www.cnbc.com/id/102796314

http://www.pri.org/stories/2015-06-29/bitcoin-wants-be-answer-greeces-prayers

Just like with Cyprus before the April 2013 rally, just like with China before the November 2013 rally.

Assume no connection to reality. But also: RALLY!

[eerygarden]

Unsubstantiated news boosting Bitcoin has arrived:

Greeks are rushing to Bitcoin: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Greek crisis stokes bitcoin prices higher: http://www.cnbc.com/id/102796314

http://www.pri.org/stories/2015-06-29/bitcoin-wants-be-answer-greeces-prayers

Just like with Cyprus before the April 2013 rally, just like with China before the November 2013 rally.

Assume no connection to reality. But also: RALLY!

Get it on the telly.

That graph in the cnbc article is so underwhelming though.

[elux]

Get it on the telly.

Beautiful Jo Ling Kent talking about Bitcoin right now on Fox Business!

[Natalia_AnatolioPAMM]

They need some Hawala.

definitely

[eerygarden]

Get it on the telly.

Beautiful Jo Ling Kent talking about Bitcoin right now on Fox Business!

Sweet.

[randy8777]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

you don't understand it. don't you think it's sad when people get extremely happy when the price goes up $2 ? or some people have low standards, also a possibility.

[skeletonbit]

$256!!! Sure wish we had the blocksize debate solved right now... already we would be in $300 or more

[skeletonbit]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

Bitcoin vs Western Union: https://www.google.com/trends/explore#q=western%20union%2C%20bitcoin&geo=GR&date=now%207-d&cmpt=q&tz=Etc%2FGMT-2

[bassclef]

$256!!! Sure wish we had the blocksize debate solved right now... already we would be in $300 or more

No, price rise is due to the force of accumulation built up since the high-volume January selloff. Whales had to fill their bags which keeps the price down and sentiment bearish. This happens at every market bottom where professional buyers and traders await. Weak hands expecting a turnaround either get shaken out on drops or eventually lose hope and let go. This coils the market like a spring as the bulk of available coin supply goes into relatively few wallets, resulting in fewer coins for sale.

[elux]

http://qz.com/439748/its-official-chinas-stocks-are-now-in-a-bear-market/

[ssmc2]

http://qz.com/439748/its-official-chinas-stocks-are-now-in-a-bear-market/

What are the odds of that money moving into BTC??

[mrhelpful]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

if the whole country is in debt, and needing foreign injection, its a smart move for western union.

since thats a ton of wire transfers going in and out in a sudden outbreak when people cant access their own cash.

[Erdogan]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

you don't understand it. don't you think it's sad when people get extremely happy when the price goes up $2 ? or some people have low standards, also a possibility.

I am not that somebody, but ... just live, man!

[Erdogan]

http://qz.com/439748/its-official-chinas-stocks-are-now-in-a-bear-market/

What are the odds of that money moving into BTC??

Zero. Value, on the other hand... nah. A money crisis is needed. Make that two money crises, the first one to wake them up, just too late, the second to do the work.

[Erdogan]

Breaking:



http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT.  plenty of liquidity when you don't need it.  none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

if the whole country is in debt, and needing foreign injection, its a smart move for western union.

since thats a ton of wire transfers going in and out in a sudden outbreak when people cant access their own cash.

I guess WU also need euro paper rectangles to function. just like the ATMs.

[TaurusBit]

Bitcoin vs Western Union: https://www.google.com/trends/explore#q=western%20union%2C%20bitcoin&geo=GR&date=now%207-d&cmpt=q&tz=Etc%2FGMT-2

Awesome.

[Ahab_Hunter_of_BearWhale]

Wow prices are moving up quickly 

[elux]

Wow prices are moving up quickly 

[Ahab_Hunter_of_BearWhale]

Wow prices are moving up quickly 

Strap some multi level boosters on that fine vehicle and we'll make it space-faring ^_^

[ragi]

I hope this is the real deal this time. I am tired of 'lets pump 30, then dump 60usd' pattern.

[Xialla]

I hope this is the real deal this time. I am tired of 'lets pump 30, then dump 60usd' pattern.

well, last rally was also initiated by some finance crisis (on Cyprus if I remember correctly), so this seems to me more "real" than anytime before.

[thebigtalk]

Still skyrocketing! This is awesome.. I really hope this goes all the way to 500 or 1000 .. It's not bad to dream big

[Xialla]

Still skyrocketing! This is awesome.. I really hope this goes all the way to 500 or 1000 .. It's not bad to dream big

this year? I don't think so, but I'm definitely optimistic in long term and this Greece stuff just showing, how current finance world is sick..

[BitcoinNewbie15]

The price does seem like Bitcoin is seeing some sort of a mini rally. The $10 - $15 increase over the last two or three days has been a nice surprise. I am hoping the trend continues, or i at least hope Bitcoin continues to see upwards growth. No one knows for sure though.

[ssmc2]

To keep us in the rally spirit, a little video from Mr. Trace Mayer. 

https://www.youtube.com/watch?v=TCU-soMs1wY

[RodeoX]

I don't know guys. Someone with a 0 activity in another thread assures me that bitcoin is about to drop to sub zero values.... So....

 

[jt byte]

Anyways, I still believe that the price will break out of the $300-350 range anytime soon. When that happens, I will have a nice holiday for myself.

[ronald98]

Anyways, I still believe that the price will break out of the $300-350 range anytime soon. When that happens, I will have a nice holiday for myself.

The price of Bitcoin seems to be going up by a rate of $10 per day. If it continues holding that pattern then it will be over £300 in less than a week, and over £350 in less than two weeks. It's debatable if it will continue in that pattern but anything can happen now the Greek crisis has highlighted Bitcoin's main purpose of giving people control of their own money.

[tyrexs]

Anyways, I still believe that the price will break out of the $300-350 range anytime soon. When that happens, I will have a nice holiday for myself.

i think no need for long time bitcoin reach to $300,maybe it will happen in this week's or bi-weekly. happy holiday bro

[xDan]

I know $ is the thing to watch, but this number makes me happy since I haven't seen it for a while:



 

[Amph]

one thing is certain the rally has begun, if it will stop soon or not, can only be known with time

at least we are not stuck anymore in 220-250, a good sign

[elux]

┗(°0°)┛

[rjclarke2000]

┗(°0°)┛

Back in the 60s. Nice.

[elux]

Perfect storm. Moon-type scenario probable. Let's go 10X!

[gotmilk_]

Perfect storm. Moon-type scenario probable. Let's go 10X!

Confirmed 
But I think that on the end of next rally you will laugh over 10x 

[Bicmac1973]

Wow guys, you make this newbie greedy! 

[Chef Ramsay]

Wow guys, you make this newbie greedy! 

Can't blame you, there's been a lot of trauma in the mentalities of many bitcoiners so it's no surprise that people have forgotten or can't comprehend what a real bull rally can look like.

[elux]

GR OXI!!!?

[elux]

http://bitcoincharts.com/charts/bitstampUSD#rg1460zigWeeklyztgSza1gEMAzm1g10za2gEMAzm2g20zi1gMACDzi2gRSI



Weekly RSI to hit 70 before end of year?

[mr.coinstrader]

Already reach $270, so can we reach $300 ?
I hope nobody dump a lot of BTC

[thebigtalk]

Already reach $270, so can we reach $300 ?
I hope nobody dump a lot of BTC

Soon they will. Once it reaches 300 again, people will start selling their coins and buy again on low price. I'll hold my bitcoin from now on and wait for the moon travel and never going back

[coolcoinz]

Already reach $270, so can we reach $300 ?
I hope nobody dump a lot of BTC

Soon they will. Once it reaches 300 again, people will start selling their coins and buy again on low price. I'll hold my bitcoin from now on and wait for the moon travel and never going back

What is so special about $300? Why sell there and not at 280 or 320?

[8up]

Nothing is special about $300. It will cut it like it's butter.

[Amph]

Already reach $270, so can we reach $300 ?
I hope nobody dump a lot of BTC

Soon they will. Once it reaches 300 again, people will start selling their coins and buy again on low price. I'll hold my bitcoin from now on and wait for the moon travel and never going back

What is so special about $300? Why sell there and not at 280 or 320?

they are like mental barrier, precise numbers as those are always seen as a barrier, also because the last dead cat bounce touched 300 for 1 sec(and only on one exchange) and then went down again

[gentlemand]

What is so special about $300? Why sell there and not at 280 or 320?

People often seem to forget about the significant Chinese numbers. That's where a lot of the action takes place though there are probably just as many westerners on there as locals.

[BitcoinNewbie15]

It does seem like Bitcoin is having a very mini-rally. I hope it continues too, Bitcoin hasn't been at its $270 price level for a long while. I wonder if it will stay at these levels or if it will have another leg up or down in the coming days.

[elux]

Bitstamp Weekly Chart full Breakout:



chart courtesy of BTCVIX

[thebigtalk]

Bitstamp Weekly Chart full Breakout:



chart courtesy of BTCVIX

I'm pretty sure it won't go down to $220 again. It will stay on $240 and go up $300. Well just my hunch

[rjclarke2000]

Well I wake up this morning to find no moon.

Rats

[extrabyte]

Bitstamp Weekly Chart full Breakout:



chart courtesy of BTCVIX

I'm pretty sure it won't go down to $220 again. It will stay on $240 and go up $300. Well just my hunch

Better hurry up, friend because it's going to go through the roof. Very shortly.

[bitcoinwebhosting_org]

i miss the time when it was 1k or cheap as 1$

[elux]

Nearly 25% of Chinese stocks have stopped trading

Over 700 Chinese companies have halted trading to "self preserve," according to the state media. That means about a quarter of the companies listed on China's two big exchanges -- the Shanghai and Shenzhen -- are no longer trading.

http://money.cnn.com/2015/07/07/investing/china-stock-market-companies-stop-trading/index.html

[stallion]

Another rally thread.I was expecting some kind of speculation. Though i've heard , the bitcoin gambling has been legalized in USA. All hail Bitcoin! Long live America !! That's the whole concept ,right!

[Auxi]

If Chinese money goes to BTC... we will be on the moon very soon

[rjclarke2000]

If Chinese money goes to BTC... we will be on the moon very soon

Why aren't the Chinese buying btc then? I believe there was a ban. Hasn't this been lifted? Wish they'd bloody hurry up

[shmadz]

If Chinese money goes to BTC... we will be on the moon very soon

Why aren't the Chinese buying btc then? I believe there was a ban. Hasn't this been lifted? Wish they'd bloody hurry up

Apparently they prefer LTC.

Or haven't you noticed what a real rally looks like? 

[Hyena]

Apparently they prefer LTC.

Or haven't you noticed what a real rally looks like? 

It's good I bought some LTC few years ago when they cost just 0.5$ per LTC. I still have some left and I will be dumping hard soon because I don't believe in LTC in the long term.

[Pathi]

Apparently they prefer LTC.

Or haven't you noticed what a real rally looks like? 

It's good I bought some LTC few years ago when they cost just 0.5$ per LTC. I still have some left and I will be dumping hard soon because I don't believe in LTC in the long term.

You missing some 0's there Hyena?//

[Hyena]

Apparently they prefer LTC.

Or haven't you noticed what a real rally looks like? 

It's good I bought some LTC few years ago when they cost just 0.5$ per LTC. I still have some left and I will be dumping hard soon because I don't believe in LTC in the long term.

You missing some 0's there Hyena?//

I don't understand what you mean. I don't miss anything. I would like to dump 20$ litecoins though.

[Amph]

it seems that our rally, is in a pit stop right now, i'm expecting many of those stops while we climb

much better than a extraordinary pump if you ask me, we can valued better our position

[randy8777]

it seems that our rally, is in a pit stop right now, i'm expecting many of those stops while we climb

much better than a extraordinary pump if you ask me, we can valued better our position

that's normal. nothing goes up all the time. people will take profits if they are up $10 per bitcoin, hoping that they can buy back cheaper. i still think we'll head back to $250 level.

[Hyena]

it seems that our rally, is in a pit stop right now, i'm expecting many of those stops while we climb

much better than a extraordinary pump if you ask me, we can valued better our position

that's normal. nothing goes up all the time. people will take profits if they are up $10 per bitcoin, hoping that they can buy back cheaper. i still think we'll head back to $250 level.

The current pace is very good. It is exactly as I predicted. Slow but sure rise for the 5th week in a row. Next week we should start seeing the first signs of a parabolic rise on the weekly log chart.

[LFC_Bitcoin]

it seems that our rally, is in a pit stop right now, i'm expecting many of those stops while we climb

much better than a extraordinary pump if you ask me, we can valued better our position

Totally agree, meteoric rises based on nothing, no news etc aren't healthy for the long term acceptance & trust in BTC because they're always followed by the inevitable, guaranteed epic dump.

The best thing is for the price trend to continue as it is, gradual upwards movement followed by periods of sideways, it gives us stability. We don't want BTC to be pump & dump.

When the time comes for the BTC price to surge upwards relentlessly there will be a reason for it, it'll be justified. That time is not now.

[Argwai96]

what gonna happen when the Greece drama is over, would this new rally get cold and the bitcoin price back down to 240s? We need a global rally to at lease get 1 million to 10 million more people into bitcoin so things get back in the high lane.

[elux]

http://www.coindesk.com/visa-bitcoin-has-a-future-in-payments/

[Hyena]

what gonna happen when the Greece drama is over, would this new rally get cold and the bitcoin price back down to 240s? We need a global rally to at lease get 1 million to 10 million more people into bitcoin so things get back in the high lane.

Greece drama is just the beginning.

[elux]

Bitcoin venues in central Buenos Aires:



via reddit: https://www.reddit.com/r/Bitcoin/comments/3cowmh/this_will_make_you_feel_good_i_like_to_support/

[Pathi]

Apparently they prefer LTC.

Or haven't you noticed what a real rally looks like? 

It's good I bought some LTC few years ago when they cost just 0.5$ per LTC. I still have some left and I will be dumping hard soon because I don't believe in LTC in the long term.

You missing some 0's there Hyena?//

I don't understand what you mean. I don't miss anything. I would like to dump 20$ litecoins though.

I didn't look close enough. I thought you said .5btc instead of .5 US$

[elux]

"Bitcoin Soars By 10%: Does Someone Know Something?"



http://www.zerohedge.com/news/2015-07-10/bitcoin-soars-10-does-someone-know-something

[elux]

oh shit, all china markets > 300 already

[matrix zion]

$294 now although I'm pretty surprised that almost half a day after a sudden $25-$30 upswing we haven't seen more of a retrace. That has me wondering if another upward pop isn't just around the corner.

[Hyena]

This is a rally inside a rally. It's called acceleration.

[elux]

$294 now although I'm pretty surprised that almost half a day after a sudden $25-$30 upswing we haven't seen more of a retrace.

Western exchanges ONLY.

See attached pic:



No resistance to 300 in China. There's just those pesky ~4000 BTC on Finex. Eat those and we dine in hell.  

[Denker]

This is a rally inside a rally. It's called acceleration.

[spirit of btc]

I'm still trying to get used to it breaking out of the $300 range
I'm hoping that's just a start!

[elux]

300 push denied. for now. meanwhile:



http://www.bbc.com/news/world-europe-33469259

[bitsat alien]

$294 now although I'm pretty surprised that almost half a day after a sudden $25-$30 upswing we haven't seen more of a retrace.

Western exchanges ONLY.

See attached pic:



No resistance to 300 in China. There's just those pesky ~4000 BTC on Finex. Eat those and we dine in hell.  

Yes! I can feel that this time it will truly skyrocket
Prepare to be part of the new elite gentlemen

[CEG5952]

300 push denied. for now. meanwhile:



http://www.bbc.com/news/world-europe-33469259

Well that's a news every bitcoin owner will be happy with. With another speculation of China pumping bitcoin, the price will really go beyond $300 by the end of the month and hopefully we'll hit $1000 again by the end of the year.

[goxed]

What's the inside scoop behind this mini rocket?

[BillyBobZorton]

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Well you should be happy now, 310 barrier broken and going up without any signs of stopping

[Hyena]

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Well you should be happy now, 310 barrier broken and going up without any signs of stopping

Some people only see what's in front of their nose. That's really dumb but thanks to them people like me can take most of the profit. I saw this coming ever since the weekly parabolic SAR flipped the side 5 weeks ago and that's what made me happy.

[600watt]

november 13 rally was like this:
.
.


.
.
.
.
.
.
the epic rally of 2015 will look like this:
.
.
.
.
.
.
.
.
.
.
.

[Fatman3001]

Oh Yeah!!!

[randy8777]

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Well you should be happy now, 310 barrier broken and going up without any signs of stopping

Some people only see what's in front of their nose. That's really dumb but thanks to them people like me can take most of the profit. I saw this coming ever since the weekly parabolic SAR flipped the side 5 weeks ago and that's what made me happy.

if all people were pro traders there wouldn't be a market such as we have now. bitcoin currently feels less undervalued and due for another up movement this month.

[elux]

http://www.reuters.com/article/2015/07/16/eu-bitcoin-tax-idUSL5N0ZW3VF20150716

Bitcoin should be exempt from VAT

COPENHAGEN, JULY 16

Digital currencies like bitcoin should be exempt from value-added tax (VAT), the legal adviser to the European Union's highest court said on Thursday, in a case that could set a rule across the bloc.

Sweden has asked the European Court of Justice to give it guidance on the tax status of bitcoin, to end legal uncertainty over the unit that is not backed or controlled by any government or central bank.

The Luxembourg-based court, set up to make sure EU law is applied equally across member states, is still considering the application but often follows the advice of its advocates-general.

The business of exchanging bitcoin for other currencies counted as a transaction which was exempt from duty under EU VAT regulations, Advocate General Juliane Kokott wrote in her opinion.

Bitcoin-focused businesses welcomed her view, though the court has not said when it will reach a final decision.

"It puts all bitcoin businesses onto solid legal grounds and recognizes bitcoin as a legitimate medium of payment," Tim Rehder, chief executive of London-based bitcoin marketplace Cubits, told Reuters.

Sweden approached the court after David Hedqvist, a bitcoin web-forum moderator, asked for a ruling on the issue in Sweden because he wanted to start selling the digital currency.

"We're happy that the advocate general shares our assessment and we hope that the EU court will share it as well," Hedqvist's lawyer Fredrik Berndt told Reuters.

A few countries have brought in legislation covering bitcoin, but have taken different approaches.

Australia has said transactions are liable to its goods and services tax, while Britain has made them exempt from VAT.

(Reporting By Alexander Tange; Additional reporting by Jemima Kelly in London; Editing by Sabina Zawadzki and Andrew Heavens)

http://www.reuters.com/article/2015/07/16/eu-bitcoin-tax-idUSL5N0ZW3VF20150716

This is huge. Mostly because the alternative would be disastrous, but still. RALLY! 

[600watt]

no vat in europe is E X T R E M L Y  good news.

[ask]

no vat in europe is E X T R E M L Y  good news.

... and it is a roadmap for rest of the World.

[RodeoX]

no vat in europe is E X T R E M L Y  good news.

... and it is a roadmap for rest of the World.

Amen. I think this will have an impact if it passes. The good news just keeps coming. 

[Shiver]

If treating it as a currency, can you imagine if you converted between Euro and Dollar for a holiday or business trip and had to pay tax for the privilege of converting it to spend it?

If treating it as a commodity/Futures, what would the tax be compared to Wheat/Corn/Pork Bellies?

When I was a commodity trader in UK, my accountant told me I wouldn't be able to treat any losses as tax deductible, but profits would be taxable.  Nice...(not).

Maybe there is an angle for them on income tax, but that would be the only one, and really I think they should back off a little there as well since it's not government issued notes.

[Hyena]

no vat in europe is E X T R E M L Y  good news.

I think I will proceed with my bitcoin business then VAT was the only reason it was pointless to do it earlier because no one would buy +20% bitcoins if they could get it cheaper from bitstamp (without VAT) for example.

[elux]

Get ready for the next episode.

[rjclarke2000]

Get ready for the next episode.

Welcome back elux. Time to do your thing.

[Hyena]

Get ready for the next episode.

Approaching 300$ fast.

[randy8777]

Get ready for the next episode.

Approaching 300$ fast.

well, i really hope we can stay above $300 if we indeed go over that level. so far each attempt has been followed by a dump to $280-$290 range.

[elux]

ARISE! AND! RALLY!



full article:

http://www.etf.com/sections/features-and-news/bitcoins-now-available-etf-wrapper

[Paashaas]

ARISE! AND! RALLY!

full article:

http://www.etf.com/sections/features-and-news/bitcoins-now-available-etf-wrapper

Wow that was a awsome read, thx for sharing!

I'm Bearish short-term but very Bullish long-term; aka cheap coins for now.

[btccashacc]

ARISE! AND! RALLY!



full article:

http://www.etf.com/sections/features-and-news/bitcoins-now-available-etf-wrapper

GOOD NEWS I THINK WE CAN HIT $250

[Hyena]

ARISE! AND! RALLY!

full article:

http://www.etf.com/sections/features-and-news/bitcoins-now-available-etf-wrapper

GOOD NEWS I THINK WE CAN HIT $250

I think 240$ is more realistic with those kind of great news

[Fatman3001]

Dafuq!?! Is this thread still alive?

CCMF!!!

[thejaytiesto]

WEll, it seems the Winklevoss brothers have been beaten once again because they executed their idea way too late, even tho they had the idea originally first. Let's see what they do now, maybe that ETF pushes their agenda to work harder and get theirs done soon to compete.

[gentlemand]

That ETF has a fraction of one per cent exposed to BTC. It's not exactly a direct comparison.

[1Referee]

WEll, it seems the Winklevoss brothers have been beaten once again because they executed their idea way too late, even tho they had the idea originally first. Let's see what they do now, maybe that ETF pushes their agenda to work harder and get theirs done soon to compete.

It depends. We don't know yet what the Gemini exchange exactly has to offer as they still have not launched. But it surely is a decent punch in the faces of the Winklevoss bro's. Only time will tell what kind of impact the ARK ETF has on the long term Bitcoin price.

[Patel]

Barry Silbert is so desperate to pump his GBTC which sees no volume.

It's not a bitcoin etf. It's a ETF that has invested roughly $35k (<0.5% portfolio) into GBTC.

But no one is gonna invest because they don't want exposure to the other investments ARK holds.

[elux]

[elux]

https://elux.svbtle.com/tothemoon

[1Referee]

It's nice to see we finally breached through the $250 barrier today on Bitfinex. I hope we can manage to stay slightly above the $250 as I don't think we'll see the price advance further to $260 this week.

[ssmc2]

https://elux.svbtle.com/tothemoon

Bit-boner achieved! 

[elux]

Gemini opening day ACH deposits haven't cleared yet. Only closed beta accounts trading so far?

https://www.reddit.com/r/BitcoinMarkets/comments/3ojkss/daily_discussion_tuesday_october_13_2015/cvy3fwx

[Fatman3001]

Gemini opening day ACH deposits haven't cleared yet. Only closed beta accounts trading so far?

https://www.reddit.com/r/BitcoinMarkets/comments/3ojkss/daily_discussion_tuesday_october_13_2015/cvy3fwx

[botany]

Bit-boner achieved! 

Lol... I know people get excited, but isn't that a bit extreme? 

[elux]

GOOD MORNING BITCOIN!

[Fatman3001]

GOOD MORNING BITCOIN!

You mean: Good "Dawn of The New Age of Bitcoin"! ?

[botany]

GOOD MORNING BITCOIN!

You mean: Good "Dawn of The New Age of Bitcoin"! ?

$300 represents the new age?
No, that will be when we cross $3000.

[Amph]

well it seems that there were been many rally but nothing reached te moon yet, which is anything above the last ath for me

[Fatman3001]

GOOD MORNING BITCOIN!

You mean: Good "Dawn of The New Age of Bitcoin"! ?

$300 represents the new age?
No, that will be when we cross $3000.

Ok, I'll wait a bit. $3000? That should be Jan-Feb?

[elux]

[dothebeats]

GOOD MORNING BITCOIN!

You mean: Good "Dawn of The New Age of Bitcoin"! ?

$300 represents the new age?
No, that will be when we cross $3000.

Ok, I'll wait a bit. $3000? That should be Jan-Feb?

It could be, could be not. Maybe even earlier. The thing is, this ship is not going to sink anytime sooner!

[elux]

http://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine

[randy8777]

GOOD MORNING BITCOIN!

You mean: Good "Dawn of The New Age of Bitcoin"! ?

$300 represents the new age?
No, that will be when we cross $3000.

Ok, I'll wait a bit. $3000? That should be Jan-Feb?

It could be, could be not. Maybe even earlier. The thing is, this ship is not going to sink anytime sooner!

the halving will definitely have a huge impact on the price the comming months. we just need to have patience. i think once the halving has been completed, we'll see the price go to around $500 at least.

[Fatman3001]

Is it on the blimmin cover!?!?!?!?!

AND a 12 page special report on Colombia!!!!!

CCMF!!!


I'm getting this issue. I think I'll have to re-subscribe. It's a fine magazine!

[elux]

RALLY!!!!!!

[disclaimer201]

Uhm, what year is this? 2011? Did anyone say <<<<Rally>>>> again? Oh, all these years now - how I've missed these precious "RALLY!!!!!!" threads. Finally, we meet again.

[Kevin77]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

[elux]

http://bitcoincharts.com/charts/bitstampUSD#rg30zczsg2015-10-01zeg2015-10-31ztgSza1gEMAzm1g9za2gEMAzm2g21zv

[orpington]

who knows?

[Fatman3001]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

Might attract some crips too!!!

[keystroke]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

Might attract some crips too!!!

haha, rarely does a comment actually make me lol but this one did.

[dothebeats]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

People who looked into bitcoin's price might consider looking again and maybe buying some too. Worst case is, if people bought high and it crashed down real hard.

[Amph]

so it really look like this is the rally everyone was waiting for, i still need to retrieve 6 btc that i've lended, i hope i'm in time, to not lose too much, sold those at 270 euro....

[Hyena]

bter will soon have hard time paying back their customers' bitcoins.

edit: not that they already were having hard time with that. now it might just become impossible for them.

[fearlesscat10]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

People who looked into bitcoin's price might consider looking again and maybe buying some too. Worst case is, if people bought high and it crashed down real hard.

Yeah, but what are the chances that it'll crash?

[elux]

Rallyporn via @Jimdirect:  https://www.youtube.com/watch?v=fXSgdJtIm0Y



https://twitter.com/Jimdirect/status/660292099816992769

[gentlemand]

bter will soon have hard time paying back their customers' bitcoins.

There's going to be all sorts of loan misery going on. I think people might have forgotten that every few years the price goes up sometimes.

[dothebeats]

Each and everyone here are so excited on seeing the jumping ride of bitcoin prices. It may be any reasons behind for this terrific rally but this is the moment we wanted for years. This will get new bloods into bitcoin community and new peaks probably moon too......

People who looked into bitcoin's price might consider looking again and maybe buying some too. Worst case is, if people bought high and it crashed down real hard.

Yeah, but what are the chances that it'll crash?

There are still chances though very slim at the moment seeing that everybody is bullish. Who knows what the top of this rally would be? Too many questions for this rally lol.

[Wolf Rainer]

Rallyporn via @Jimdirect:  https://www.youtube.com/watch?v=fXSgdJtIm0Y



https://twitter.com/Jimdirect/status/660292099816992769

LOL 

[elux]

REUTERS | Biting back: Bitcoin heads for best month in 1-1/2 yrs

By Jemima Kelly Oct 30 (Reuters) -

Bitcoin has just recorded its best month since May 2014, stealing the spotlight away from the blockchain technology that underpins it and which has been attracting investment from almost every major bank in the world.

An investor in bitcoin at the start of October would have enjoyed a return of over 36 percent, dwarfing the return of about 2 percent that the dollar racked up for its holders.

The web-based currency surged to its highest this year on Friday, hitting $334.05 on the Bitstamp exchange on its ninth successive day of gains, its best run in over two years.

Bitcoin is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification. That has made it controversial, but also attractive, to users ranging from drug dealers to those trying to circumvent capital controls in Greece and China.

Some bitcoin traders speculate that the latter might be partly responsible for the digital currency's latest surge. Most trading in the past month has come from Chinese bitcoin exchanges, according to Bitcoinity.org, though the accuracy of the Chinese exchanges' data is questioned.

"At a time of central bank currency devaluations, direct and indirect, and with gold's directionless behaviour over the last two years ... bitcoin is increasingly viewed and marketed as a possible investable vehicle," said London-based trader Ashraf Laidi, who invests in both fiat currencies and bitcoin.

Bitcoin is often dismissed as too volatile to invest in, having soared towards $1,200 in late 2013 before sliding to below $400 less than a month later, but it has stabilised this year.

"What I'm happy about so far is that the price run-up hasn't been overly dramatic or disorganised," said Peter Smith, CEO of Blockchain, a bitcoin "wallet" or storage provider, which shares its name with the technology.

EU RULING

Last week the European Union's top court ruled that bitcoin should be treated like any other means of payment and therefore be exempt from value-added tax - a decision many in the industry say helped push up bitcoin's price.

"It just makes bitcoin a lot more usable as a currency in Europe and also provides a lot of clarity to people who are speculating and trading in it," said Tom Robinson, co-founder of London-based bitcoin storage firm Elliptic.

Another reason for the price surge might be that bitcoin supply is set to grow more slowly.

The blockchain is secured by a network of computers that compete with each other to solve mathematical problems for a reward. That is currently 25 bitcoins every 10 minutes, but that will be halved to 12.5 bitcoins next year.

In the same way that scaling back quantitative easing would prop up a traditional fiat currency, bitcoin could be boosted by the conventional economics of supply and demand.

Although many say the technology behind bitcoin holds more potential than bitcoin itself and can function without it, bitcoiners argue that the blockchain supporting the currency is the only one to have been properly tested.

An increased focus on the technology is helping prop up the price, they say.

"The idea of blockchain and bitcoin are completely inseparable," said Michael Sonnenshein, a former JPMorgan banker who is now head of business development at Grayscale Investments, a New York-based bitcoin investment firm.

"The blockchain is only as secure and as powerful as it is because there is this constant movement of tokens (bitcoins) on the blockchain." (Reporting by Jemima Kelly; Editing by Tom Heneghan)

http://www.reuters.com/article/2015/10/30/global-markets-bitcoin-idUSL8N12R3NQ20151030

Expect to see this story reprinted in hundreds of local newspapers.

[gotmilk_]

When this  hits 400$ next week, then people will start asking themselves again 

ETN, GBTC, GABI and others will start showing some results!

[elux]

http://money.cnn.com/2015/11/02/technology/bitcoin-1-billion-invested/

[Fatman3001]

$359 $360 (my looord this fracker moves fast!) on finex. Can't hold back the feels.

[elux]

One-two punch from Bloomberg:

http://www.bloomberg.com/news/articles/2015-11-02/bitcoin-is-suddenly-surging-again

http://www.bloomberg.com/news/videos/2015-11-02/one-currency-to-keep-an-eye-on

[LFC_Bitcoin]

$359 $360 (my looord this fracker moves fast!) on finex. Can't hold back the feels.

This is Gentlemen!

[galbros]

One-two punch from Bloomberg:

http://www.bloomberg.com/news/articles/2015-11-02/bitcoin-is-suddenly-surging-again

Good article, though I wish they would explain why btc is hot again given all the prior attention on just the blockchain technology.

Thanks and loving this rally!

[elux]

OCTOBER 11, 2015
TO—THE—MOON!

Today is Sunday October 11. 2015.

We have stabilized. The bottom is in.

Here’s my prediction: The next great Bitcoin rally starts next week.

(Tomorrow?)

moon-transparent.png

Fools judge before the evidence is in.

The Winklevoss twins Gemini exchange launched on thursday.

Thefacebook.png

Without a hitch. And the first wires arrive in the coming week.

Gemini will germinate a trickle, then a stream, then a relentless inflow.

2X gains (480 USD/BTC) before New Year’s Eve.

Sentiment will change.

And when it does, it will change so hard and so fast,

you will have some trouble believing it.

The present accumulation window is closing.

https://elux.svbtle.com/tothemoon

2X target hit!

[elux]

New ATH 2015?

[extrabyte]

i miss the time when it was 1k or cheap as 1$

The time of 1k per bitcoin will come soon for sure if this trend will go on.

The chinese people are really pumping the price and it is going very good and successfully.

[randy8777]

i miss the time when it was 1k or cheap as 1$

The time of 1k per bitcoin will come soon for sure if this trend will go on.

The chinese people are really pumping the price and it is going very good and successfully.

china is indeed pumping, but i hope it will last very long this time. the previous pump to over $1000 was just for a short time. this time might be different as there will be less supply from mined blocks next year.

[ssmc2]

OCTOBER 11, 2015
TO—THE—MOON!

Today is Sunday October 11. 2015.

We have stabilized. The bottom is in.

Here’s my prediction: The next great Bitcoin rally starts next week.

(Tomorrow?)

moon-transparent.png

Fools judge before the evidence is in.

The Winklevoss twins Gemini exchange launched on thursday.

Thefacebook.png

Without a hitch. And the first wires arrive in the coming week.

Gemini will germinate a trickle, then a stream, then a relentless inflow.

2X gains (480 USD/BTC) before New Year’s Eve.

Sentiment will change.

And when it does, it will change so hard and so fast,

you will have some trouble believing it.

The present accumulation window is closing.

https://elux.svbtle.com/tothemoon

2X target hit!

[elux]

Front page of today's Financial Times: "Bitcoin surges as Chinese flock to Russian fraudster’s site"

International (& UK) print edition, front page, fourth from the top. http://www.ft.com/intl/international-edition

[kingaltcoins]

OOPS! 

[rjclarke2000]

OOPS! 

Took your time 👍

[Pab]

REUTERS | Biting back: Bitcoin heads for best month in 1-1/2 yrs

By Jemima Kelly Oct 30 (Reuters) -

Bitcoin has just recorded its best month since May 2014, stealing the spotlight away from the blockchain technology that underpins it and which has been attracting investment from almost every major bank in the world.

An investor in bitcoin at the start of October would have enjoyed a return of over 36 percent, dwarfing the return of about 2 percent that the dollar racked up for its holders.

The web-based currency surged to its highest this year on Friday, hitting $334.05 on the Bitstamp exchange on its ninth successive day of gains, its best run in over two years.

Bitcoin is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification. That has made it controversial, but also attractive, to users ranging from drug dealers to those trying to circumvent capital controls in Greece and China.

Some bitcoin traders speculate that the latter might be partly responsible for the digital currency's latest surge. Most trading in the past month has come from Chinese bitcoin exchanges, according to Bitcoinity.org, though the accuracy of the Chinese exchanges' data is questioned.

"At a time of central bank currency devaluations, direct and indirect, and with gold's directionless behaviour over the last two years ... bitcoin is increasingly viewed and marketed as a possible investable vehicle," said London-based trader Ashraf Laidi, who invests in both fiat currencies and bitcoin.

Bitcoin is often dismissed as too volatile to invest in, having soared towards $1,200 in late 2013 before sliding to below $400 less than a month later, but it has stabilised this year.

"What I'm happy about so far is that the price run-up hasn't been overly dramatic or disorganised," said Peter Smith, CEO of Blockchain, a bitcoin "wallet" or storage provider, which shares its name with the technology.

EU RULING

Last week the European Union's top court ruled that bitcoin should be treated like any other means of payment and therefore be exempt from value-added tax - a decision many in the industry say helped push up bitcoin's price.

"It just makes bitcoin a lot more usable as a currency in Europe and also provides a lot of clarity to people who are speculating and trading in it," said Tom Robinson, co-founder of London-based bitcoin storage firm Elliptic.

Another reason for the price surge might be that bitcoin supply is set to grow more slowly.

The blockchain is secured by a network of computers that compete with each other to solve mathematical problems for a reward. That is currently 25 bitcoins every 10 minutes, but that will be halved to 12.5 bitcoins next year.

In the same way that scaling back quantitative easing would prop up a traditional fiat currency, bitcoin could be boosted by the conventional economics of supply and demand.

Although many say the technology behind bitcoin holds more potential than bitcoin itself and can function without it, bitcoiners argue that the blockchain supporting the currency is the only one to have been properly tested.

An increased focus on the technology is helping prop up the price, they say.

"The idea of blockchain and bitcoin are completely inseparable," said Michael Sonnenshein, a former JPMorgan banker who is now head of business development at Grayscale Investments, a New York-based bitcoin investment firm.

"The blockchain is only as secure and as powerful as it is because there is this constant movement of tokens (bitcoins) on the blockchain." (Reporting by Jemima Kelly; Editing by Tom Heneghan)

http://www.reuters.com/article/2015/10/30/global-markets-bitcoin-idUSL8N12R3NQ20151030

Expect to see this story reprinted in hundreds of local newspapers.

Nice article,best possible marketing for bitcoin,not only price but also EU legislations and some short info about btc
Milions of people were  reading that

[zimmah]

we seem to be recovering a little, but we have yet to deceptively break $350 again.

once we do though, i'm pretty sure we will shoot straight for the ATH this time.

[elux]

we seem to be recovering a little, but we have yet to deceptively break $350 again.

once we do though i'm pretty sure we will shoot straight for the ATH this time.

dude....



via: https://www.reddit.com/r/btc/comments/3sqifj/wtf_is_happening_at_gemini/

new all time high. (on low volume.)

[Nagle]

And now, after those insane prices on low volume, Gemini says:



These guys were supposed to be pros. They were supposed to have enough capital involved to make a market. Yeah, right.

[Meuh6879]

well, all exchange have this problem at the beginning ... and after ... and after ...

[Nagle]

Gemini then "reversed" that trade.

"Trade reversal decisions are made fully at the discretion of Gemini management" - Gemini

Since this is a New York State regulated exchange, if this cost you money you can complain to the New York State Department of Financial Services. See their rules.. Gemini doesn't necessarily get to do what they want.

NASDAQ has explicit rules on trades far from the previous price. If an order is executed at more than 3% to 10% from the "reference price", it can be undone.

[elux]

http://www.centralbank.org.bb/news/article/8827/should-cryptocurrencies-be-included-in-the-portfolio-of-international-reserves

[elux]

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/

[Denker]

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/

Thanks for that link.
Pretty interesting to see these charts.However it's a pitty that they are in shown in local currencies.
Most of these charts saw a massive growth with this year. Biggest exception is Japan. Reason still might be the Mt.Gox debacle.
End it's great to see the growth in russia although the government is absolutely against BTC.

[elux]

via /r/bitcoinmarkets: Why would China boost the price while others don't?

https://www.reddit.com/r/BitcoinMarkets/comments/3vvw48/daily_discussion_tuesday_december_08_2015/cxrjeww

Money is flying out of China

CNNMoney New York December 7, 2015: 6:09 PM ET

On Monday, China's central bank reported $3.4 trillion in foreign exchange reserves, the lowest level since early 2013. November was one of the biggest drops ever.

Many investors are trying to get at least some of their money out of the country. Many Chinese see better opportunities abroad, whether it's real estate in New York or London, pricey art, or stocks and bonds in other countries.

Exact data is hard to come by from China, but Capital Economics forecasts that November set a record for people moving money out of China -- so-called capital outflows.

"Today's data suggest that capital outflows picked up sharply last month," says Julian Evans-Pritchard, chief China economist for research firm Capital Economics.

All the evidence suggests that money has been flowing out of the country at a rapid pace since August when China stunned the world with a surprise devaluation of its currency, the yuan.

The Chinese government simply declared that all of a sudden, the yuan was worth less.

That caused a major selloff in the Chinese stock market and worries that China's economy is slowing down even more than the government is letting on.

When money leaves China, it means people are trading their yuan for dollars, euros and other currency. That makes the yuan fall even further in value.

(...)

http://money.cnn.com/2015/12/07/news/economy/china-foreign-exchange-reserves-shrinking/

[aciddude]

Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.

[The Sceptical Chymist]

I lost money in the rally earlier this year, and I'm sure I'll figure out a way to lose money in this one.  It never fails.

[rjclarke2000]

Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.

I'd say us UK folk are letting the side down a bit. Shame on us

[elux]

Financial Times: December 18, 2015 6:53 pm

Highlights from Hindsight Capital’s moneymaking year



context: https://www.youtube.com/watch?v=FwMImAZZkW8

[elux]

2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

[The Sceptical Chymist]

2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

A'ight bitch, you're quoted.  Are you laying money on this prediction??

[elux]

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

Guess I was wrong but in the best kind of way.

New ATHs across the board as of January 04 2017.

[rjclarke2000]

I hope no one minds me bumping this thread.

[elux]

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

New ATHs across the board as of January 04 2017.

I hope no one minds me bumping this thread.

Grrr!