ChartBuddy
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July 18, 2014, 01:00:17 AM |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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JimboToronto
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You're never too old to think young.
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July 18, 2014, 01:01:58 AM |
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Inb4 chart buddy posts 3 in a row
spoilsport |
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minerpumpkin
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July 18, 2014, 01:39:44 AM |
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Bull run incoming  We had some minor bump today, but what exactly makes you think that that warrants a bull run?  We may very well be in for another month of highly horizontal movement! |
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ChartBuddy
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July 18, 2014, 02:00:15 AM |
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Richy_T
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July 18, 2014, 02:04:54 AM |
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Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that? Hey, it worked for illegal drugs...  |
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Newbie1022
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July 18, 2014, 02:11:49 AM |
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Friday has been a big volume day the past few weeks specifically and I expect this trend to continue. Lately, we get a Friday rally with a week of at least no bad news and no expected news over the weekend. So, there's reason to look at today's positive bump as a symbol of a friendly Friday.
As I noted before, I am staying out this week because Bitfinex has a big day early next week that I am not sure they are prepared for. If I had to guess what would happen I'd expect one of three things:
(1) Small drop tomorrow with an eye towards Monday followed by a solid rally on Monday when the apocalypse doesn't occur. Odds - 60ish%
(2) Drop tomorrow with apocalypse on Monday. Odds - 1ish%
(3) Up tomorrow in regular week closing fashion as people just assume any issue on Monday is FUD and it turns out to be just that with maybe a small ten point jump early next week. Odds - 40ish%
My thoughts - I'll jump back in at the start of next week when the picture looks a little clearer. At that time, if I am lucky, coins will be cheap. More likely, they'll be within ten points give or take of where they are now (and that will neither make me nor break me).
Anyhow, that thought aside, tomorrow will probably be a more entertaining day (nothing earth shattering, but entertaining) -- Maybe a 30 point swing in either direction from today's value. Best of luck to all in making their educated guesses.
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Newbie1022
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July 18, 2014, 02:13:00 AM |
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Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that? Hey, it worked for illegal drugs... Nice! We just need a war on Bitcoin and a First Lady to tell us "just say no" and we'll be off to the races. |
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Newbie1022
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July 18, 2014, 02:28:40 AM |
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By the way, before anybody tackles me for being a purveyor of FUD, I am presently down a point from my short-term exit the other day and, albeit lightly (in terms of volume), today's Chinese traders seem to be favoring the idea that I am misguided in my views. I admit and accept these. I am just playing a hunch/guess and acknowledge that I can easily get burnt in the process. Happy trading all. We need more comments and festivities on this Board, by the way. Otherwise I'll have to go back to warring against oppressive fiat overlords in my life... and nobody really wants to see that happen. Well, then again, it is kind of fun.
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Richy_T
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July 18, 2014, 02:31:52 AM |
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Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that? Hey, it worked for illegal drugs... Nice! We just need a war on Bitcoin and a First Lady to tell us "just say no" and we'll be off to the races. Haha. With what the President has been saying about the Republicans, if she said that, he'd probably slap her. |
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ChartBuddy
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July 18, 2014, 03:00:16 AM |
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xyzzy099
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July 18, 2014, 03:32:55 AM |
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Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that? Hey, it worked for illegal drugs... ROFL  |
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ChartBuddy
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July 18, 2014, 04:00:15 AM |
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smiley123
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July 18, 2014, 04:58:09 AM |
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9 to 11 a.m. (GMT) CEX.IO will be down for scheduled maintenance due to introduction of fiat beta-testing.
Another exchange in the works it looks like. I've always suspected that miners should diversify a bit and become exchanges also. This might help hedge against the mining profitability issue.
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ChartBuddy
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July 18, 2014, 05:00:16 AM |
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Nrcewker
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Building my own Dreams!
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July 18, 2014, 05:10:45 AM
Last edit: August 06, 2014, 09:22:29 AM by Nrcewker |
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Appointed time is coming soon!
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BTCmoons
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July 18, 2014, 05:28:41 AM |
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Well, the only way Bitcoin can growth is by regulation.
how can you be so absolutely sure about that? By regulations ? Really? Do you think when gov will put their hands on Bitcoin transactions you will be happy and watch the rally ?  You must be kiddin. BTC is going to continue to grow with (or without) regulation. There is too much momentum and too much money being thrown at it not to. I think that a little bit of regulation will be helpful to bitcoin. I expect it to rally as a result of the NYC regulations |
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Richy_T
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July 18, 2014, 05:44:06 AM |
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9 to 11 a.m. (GMT) CEX.IO will be down for scheduled maintenance due to introduction of fiat beta-testing.
Another exchange in the works it looks like. I've always suspected that miners should diversify a bit and become exchanges also. This might help hedge against the mining profitability issue.
Interesting idea. If miners mined directly into customers wallet, that would be extremely hard to trace. |
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smiley123
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July 18, 2014, 05:59:03 AM |
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9 to 11 a.m. (GMT) CEX.IO will be down for scheduled maintenance due to introduction of fiat beta-testing.
Another exchange in the works it looks like. I've always suspected that miners should diversify a bit and become exchanges also. This might help hedge against the mining profitability issue.
Interesting idea. If miners mined directly into customers wallet, that would be extremely hard to trace. Haven't thought of it that way actually. I was thinking more in terms of supplementing liquidity for their order books and maybe selling less coins off exchange. |
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ChartBuddy
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July 18, 2014, 06:01:21 AM |
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JimboToronto
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You're never too old to think young.
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July 18, 2014, 06:41:53 AM |
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If miners mined directly into customers wallet, that would be extremely hard to trace.
I mine directly into a paper wallet I created just for that purpose. The only thing keeping me from full anonymity is the fact that I'm using my own ISP instead of one of the many public hotspots available where I live. The netbook I use as host computer is fully anonymous and I could connect through a throwaway $8 USB wifi adapter with its own MAC address. Nothing fancy, just BFL Easyminer (BFGminer) through Eligius, but pretty private except for being too lazy to connect through a public hotspot. Hard to trace? It doesn't take too much to make your mining impossible to trace. You've gotta love those virgin anonymous coins, not because it's a necessity, but rather on general principles. Maybe I'm showing my age but wasn't that why my father was stationed overseas in WW2, to fight for freedom and basic rights like privacy and anonymity? |
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