Chuckee
Member
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Activity: 70
Merit: 10
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September 20, 2014, 02:52:16 AM |
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Bitcoin's fundamental technology hasn't changed, but it doesn't matter anymore. The mobile payment market has changed radically in the last year. Consumers can now carry their wallet with them on their NFC enabled cell phones or even their wristwatches. Tell me again, what incentive will they ever have to convert -- for a fee, no less -- to a volatile digital token which can be easily stolen or lost if they're not a network security subject matter expert? But.. but... Chuckee! The dollar is doomed! Once it crashes, everyone will buy bitcoins to protects their wealth!lmao. First of all, there is no economic meltdown looming. The US government can write itself IOUs for decades to come. If you're waiting for this to happen, you're going to become the skeleton guy sitting at his keyboard. Second, when it does eventually happen, people will turn to the same assets that they have for thousands of years: precious metals. They don't want digital tokens that have no intrinsic value outside of a computer. But keep holding, and telling yourselves that your beanie baby coins are going to be in huge demand again someday. Suckers are born every minute, and we need you all.  |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
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September 20, 2014, 02:52:47 AM |
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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September 20, 2014, 02:54:27 AM |
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Anyone else watching that buying pressure on Bitfinex?
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podyx
Legendary
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Activity: 2338
Merit: 1035
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September 20, 2014, 02:54:34 AM |
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akujin
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September 20, 2014, 02:56:13 AM |
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Stamp wakes up  |
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Walsoraj
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September 20, 2014, 02:56:28 AM |
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Crash over, but need confirmation.
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Walsoraj
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September 20, 2014, 02:56:47 AM |
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Crash over, but need confirmation.
CONFIRMED! |
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spiderbrain
Legendary
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Activity: 889
Merit: 1013
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September 20, 2014, 02:57:50 AM |
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That feels much better!
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 20, 2014, 02:58:55 AM |
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akujin
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September 20, 2014, 02:59:20 AM |
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lol finex |
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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September 20, 2014, 02:59:34 AM |
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Noob question. But on Bitfinex (just started today) it says
Order Count Bid Price Amount Total Amount
Is the "amount" in bitcoins? and whats the difference between amount and total amount?
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 20, 2014, 03:00:47 AM |
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Impressive, however I'm unconvinced the bottom is in just yet. I mean if I weren't going to bed right now if wait another hour to make a real prediction.
From what I see this is just a bull trap. Sell!
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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September 20, 2014, 03:01:05 AM |
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actually a little green going on across BTC and LTC. Hopefully this is the start of a little recovery. Don't want to speak too soon though because it could get munched up by red any second...  |
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grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
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September 20, 2014, 03:01:56 AM |
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Noob question. But on Bitfinex (just started today) it says
Order Count Bid Price Amount Total Amount
Is the "amount" in bitcoins? and whats the difference between amount and total amount?
Amount is in bitcoin, yes. Total amount is the sum of all offers before that one (the book depth up to that price).  |
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cmacwiz
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September 20, 2014, 03:02:35 AM |
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damn, this is fun. Wish I could get high and watch those orders shuffle all night. Awaiting a few sharp plummets though...
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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September 20, 2014, 03:04:06 AM |
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well at least a few people are in a buying mood  I was wondering what everyone was waiting for...it like like a buy 1 get 1 half off sale today... |
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lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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September 20, 2014, 03:05:20 AM |
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Noob question. But on Bitfinex (just started today) it says
Order Count Bid Price Amount Total Amount
Is the "amount" in bitcoins? and whats the difference between amount and total amount?
Amount is in bitcoin, yes. Total amount is the sum of all offers before that one (the book depth up to that price). Thank you very much for that explanation. |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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September 20, 2014, 03:08:07 AM |
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300s gone foreverlol, I said that about the 400s a few months ago  |
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Davyd05
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September 20, 2014, 03:09:58 AM |
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300s gone foreverlol, I said that about the 400s a few months ago eugh.. 427 cad is nice.. doesn't seem like I am going to get better than this tonight... what with btc-e almost being 400+ again. |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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September 20, 2014, 03:10:42 AM |
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Probably just a bulltrap
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