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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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GambitBTC
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May 20, 2015, 07:51:59 PM |
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price rarely collaborate with news
Idk about that lol
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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May 20, 2015, 08:18:52 PM |
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Only "bitcoiners" are left right now.
If you are going to gamble on BTC, right now is the time. Weak hands are gone, it's zero or hero now baby.
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afbitcoins
Legendary
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Activity: 2100
Merit: 1061
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May 20, 2015, 09:40:14 PM |
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People like ideas that re-enforce their belief. In a bear market bad news re-enforces belief and good news will be ignored. When overall sentiment changes to bullish the reverse will apply. Stock up now while its cheap.
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inca
Legendary
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Activity: 1176
Merit: 1000
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May 20, 2015, 10:09:24 PM |
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People like ideas that re-enforce their belief. In a bear market bad news re-enforces belief and good news will be ignored. When overall sentiment changes to bullish the reverse will apply. Stock up now while its cheap.
Excellent point. Even the trolls are down to just a couple of disturbed attention seekers. It is looking like we will have an exciting few years ahead. The only question is, when does the price bubble again?
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exocytosis
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May 21, 2015, 12:02:53 AM |
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The NYSE stuff was priced in long ago. It's been baked into the price all along.
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JorgeStolfi
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May 21, 2015, 12:28:10 AM |
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There is a short document somewhere in the NYSE site that describes the their bitcoin price index. It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.
The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.
It seems very useful, for what I cannot say.
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Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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May 21, 2015, 12:30:27 AM |
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I think that good news is expected.
If there wasn't any good news, everybody would sell.
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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May 21, 2015, 12:35:33 AM |
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I think that good news is expected.
If there wasn't any good news, everybody would sell.
I doubt the average Chinese bot gives the tiniest shit about good news or lack thereof these days.
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coinableS
Legendary
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Activity: 1442
Merit: 1179
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May 21, 2015, 12:36:49 AM |
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I now firmly believe that bitcoin price is manipulated by whales and nothing more.
Well that can't last forever. Only 21 million coins max, there's not enough to go around if bitcoin gets big. What happens if coinbase or circle run out of bitcoin to sell during a huge influx of newcomers? They go to their supplying miner or exchange and buy some. Eventually the whales will run out of coins or decide to stop selling.
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onewiseguy
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May 21, 2015, 12:38:21 AM |
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So your one of those that wants the price to go up. I mean it be nice if it did , but a few still want the technology to continue not just the price.
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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May 21, 2015, 12:41:14 AM |
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There is a short document somewhere in the NYSE site that describes the their bitcoin price index. It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.
The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.
It seems very useful, for what I cannot say.
lol. This was good.
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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kwukduck
Legendary
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Activity: 1937
Merit: 1001
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May 21, 2015, 01:02:46 AM |
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Those are smart people, unlike the majority here that's just looking for a get-rich-quick scheme. They know a scam when they see one.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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necrita
Newbie
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Activity: 49
Merit: 0
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May 21, 2015, 05:24:03 AM |
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There is a short document somewhere in the NYSE site that describes the their bitcoin price index. It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.
The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.
It seems very useful, for what I cannot say.
Usage for the index could be for futures contracts and options.
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Fiat_Hodler
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May 21, 2015, 05:56:19 AM |
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I now firmly believe that bitcoin price is manipulated by whales and nothing more.
Well that can't last forever. Only 21 million coins max, there's not enough to go around if bitcoin gets big. What happens if coinbase or circle run out of bitcoin to sell during a huge influx of newcomers? They go to their supplying miner or exchange and buy some. Eventually the whales will run out of coins or decide to stop selling. lmfao
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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May 21, 2015, 06:17:50 AM |
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If accounts are in usd that would enable big fiat players to simply leverage short Bitcoin to hit $10 then take profit.. Now imagine a bank doing this with almost unlimited fiat paper.. It skips the need to buy the coins to short them if fiat is allowed to be used as collateral.
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mladen00
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Activity: 2124
Merit: 1013
K-ing®
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May 21, 2015, 06:55:04 AM |
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Price will rise when people learn about bitcoin and btc almost free transaction
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IOTA
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Amph
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Activity: 3206
Merit: 1069
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May 21, 2015, 07:49:38 AM Last edit: May 21, 2015, 01:23:34 PM by Amph |
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I think that good news is expected.
If there wasn't any good news, everybody would sell.
so the good news that work now, is to make bitcoin not worst in the price in the end bad news drive the bitcoin dumping, good news prevent that, then my question is , what we need to raise?
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600watt
Legendary
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Activity: 2338
Merit: 2106
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May 21, 2015, 07:54:41 AM |
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There is a short document somewhere in the NYSE site that describes the their bitcoin price index. It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.
The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.
It seems very useful, for what I cannot say.
lol. This was good. more useful than your filthy trolling.
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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May 21, 2015, 12:31:32 PM |
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There is a short document somewhere in the NYSE site that describes the their bitcoin price index. It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.
The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.
It seems very useful, for what I cannot say.
lol. This was good. more useful than your filthy trolling. Oh my.
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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