ChartBuddy
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May 02, 2015, 11:58:01 PM |
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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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JorgeStolfi
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May 03, 2015, 12:11:53 AM |
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What volume are we talking about? about 20? 50? a 100 per day? If it were more, believe me this would have been able to make a difference globally. To present a perspective, the last $20 pump was caused into BTCe, an exchange that has a daily volume of about 4000-5000...  I wasn't thinking of the impact of trading those coins, but of the bad press, and possibly bad actions by the SA government. (However, MLM schemes may easily involve millions of people, not just poor by also middle-class, and therefore move a lot of money. And, if the owners of that ponzi run away, at some point they may want to move the BTC that they are collecting in SA to some exchange outside of SA, to cash out and buy gold or something less traceable than BTC. Come to think of it, perhaps those reckless buys at BTC-e last week were those guys buying BTC with the cients' money, as a preparation for the disappearing act... |
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shmadz
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@theshmadz
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May 03, 2015, 12:21:10 AM |
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What volume are we talking about? about 20? 50? a 100 per day? If it were more, believe me this would have been able to make a difference globally. To present a perspective, the last $20 pump was caused into BTCe, an exchange that has a daily volume of about 4000-5000... I wasn't thinking of the impact of trading those coins, but of the bad press, and possibly bad actions by the SA government. (However, MLM schemes may easily involve millions of people, not just poor by also middle-class, and therefore move a lot of money. And, if the owners of that ponzi run away, at some point they may want to move the BTC that they are collecting in SA to some exchange outside of SA, to cash out and buy gold or something less traceable than BTC. Come to think of it, perhaps those reckless buys at BTC-e last week were those guys buying BTC with the cients' money, as a preparation for the disappearing act... If they are moving any serious amount of money they would be better off moving through one of the regulated money launderers like Wachovia or HSBC. Much safer that way. |
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shmadz
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@theshmadz
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May 03, 2015, 12:51:29 AM |
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...
If they are moving any serious amount of money they would be better off moving through one of the regulated money launderers like Wachovia or HSBC. Much safer that way.
Yeah, Bitcoiners manage to fuck up anything remotely related to money, why would laundering it be any different? Rank amateurs! Will take some time and practice to compete with the pro's... Don't worry, time is on our side, yes it is! |
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ChartBuddy
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May 03, 2015, 12:58:04 AM |
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ensurance982
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May 03, 2015, 12:58:11 AM |
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There were some ~400 BTC ask-walls on Finex just a couple of minutes ago, where are they now? They seem to have caved in... This dump doesn't seem to materialize any further, even though Huobi is still trying to push it down a bit. 1445 as we speak.
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shmadz
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@theshmadz
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May 03, 2015, 01:05:01 AM |
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There were some ~400 BTC ask-walls on Finex just a couple of minutes ago, where are they now? They seem to have caved in... This dump doesn't seem to materialize any further, even though Huobi is still trying to push it down a bit. 1445 as we speak.
I've become resigned to the fact that the market has grown significantly from the "good old days". I expect that there will not be any more run away moves like in the past. Sideways until sometime in 2016 I suspect... I'd be pleasantly surprised to be proven wrong. |
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ensurance982
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May 03, 2015, 01:09:37 AM |
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There were some ~400 BTC ask-walls on Finex just a couple of minutes ago, where are they now? They seem to have caved in... This dump doesn't seem to materialize any further, even though Huobi is still trying to push it down a bit. 1445 as we speak.
I've become resigned to the fact that the market has grown significantly from the "good old days". I expect that there will not be any more run away moves like in the past. Sideways until sometime in 2016 I suspect... I'd be pleasantly surprised to be proven wrong. Sideways is fine with me - if we can just put an end to this bear market and *somehow* get out of these falling triangles and wedges, I'm a happy camper! Sideways movements don't work very often in order to escape a bear market, though. |
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shmadz
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@theshmadz
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May 03, 2015, 01:19:31 AM |
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....
Rank amateurs!
... You ain't kidding! World's dumbest (and funniest) criminals. Bitcoiners harassing decent people for money, being retarded & making a public nuisance of themselves. Shit never changes :D Yeah, well, maybe someday... maybe someday those kids will grow up to be lobbyists, maybe someday they will learn the way the world works and quit messing around with crypto and just start buying favorable legislation with good old federal reserve notes, like respectable folk. Maybe someday... |
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shmadz
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May 03, 2015, 01:44:27 AM |
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^Until that day, they remain an unforgivable embarrassment
Yes, an unforgettable reminder that if you don't control your keys, you don't own shit! Same goes for many markets... I'm anticipating the day when some other markets start to unwind and people begin to realize that they are only holding promises, well, I only hope they are as calm. |
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gentlemand
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Welt Am Draht
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May 03, 2015, 01:48:27 AM |
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^Until that day, they remain an unforgivable embarrassment
Yes, an unforgettable reminder that if you don't control your keys, you don't own shit! Same goes for many markets... I'm anticipating the day when some other markets start to unwind and people begin to realize that they are only holding promises, well, I only hope they are as calm. Hopefully most people are well aware of that. It's all a mass delusion anyway but as long as everyone plays along the plates will keep on spinning. |
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Chef Ramsay
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May 03, 2015, 01:57:30 AM |
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...
If they are moving any serious amount of money they would be better off moving through one of the regulated money launderers like Wachovia or HSBC. Much safer that way.
farting shot Rank amateurs! Will take some time and practice to compete with the pro's... Don't worry, time is on our side, yes it is! You just 'turned on' the troll-putz by giving it the time of day. Please tell me you were bored and said, oh what the hell... |
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ChartBuddy
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May 03, 2015, 01:58:02 AM |
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shmadz
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@theshmadz
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May 03, 2015, 02:02:39 AM |
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...
I'm anticipating the day when some other markets start to unwind and people begin to realize that they are only holding promises, well, I only hope they are as calm.
I only hope they're as funny  Hah, depends on your sense of humor I guess...  |
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shmadz
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May 03, 2015, 02:04:34 AM
Last edit: May 03, 2015, 02:24:10 AM by shmadz |
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You just 'turned on' the troll-putz by giving it the time of day. Please tell me you were bored and said, oh what the hell...
You're right, sorry chef. I'll shut up now... or not...
@shmadz: What IS that?! Ron Paul trying to run for office again?
That's Draghi, dancing to the beat of a whole new drum. |
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ElectricMucus
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Marketing manager - GO MP
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May 03, 2015, 02:35:08 AM |
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^Until that day, they remain an unforgivable embarrassment
Yes, an unforgettable reminder that if you don't control your keys, you don't own shit! Same goes for many markets... I'm anticipating the day when some other markets start to unwind and people begin to realize that they are only holding promises, well, I only hope they are as calm. There is something called regulatory oversight, yes it sometimes does not work but it prevents things from going as bad as it went with gox. Deal with it wingnut. |
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ChartBuddy
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May 03, 2015, 02:58:01 AM |
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shmadz
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@theshmadz
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May 03, 2015, 03:05:50 AM
Last edit: May 03, 2015, 03:30:38 AM by shmadz |
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^Until that day, they remain an unforgivable embarrassment
Yes, an unforgettable reminder that if you don't control your keys, you don't own shit! Same goes for many markets... I'm anticipating the day when some other markets start to unwind and people begin to realize that they are only holding promises, well, I only hope they are as calm. There is something called regulatory oversight, yes it sometimes does not work but it prevents things from going as bad as it went with gox. Deal with it wingnut. LOL! Just like it prevented Lehman Bros.? Or maybe going from less than 1 trillion to more than 18 trillion in debt during the reign of Obama was a good thing? You can take your "regulation" and shove it, my friend. *edit* mtgox was a corrupt, failing institution, but at least it was allowed to fail. Some people lost money in that fiasco , but at least the losses were absorbed by the parties involved, not spread upon the general public like what happened in 2008. I have no faith in a regulatory system that exits only to prevent competition and does nothing to prevent corruption. |
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ChartBuddy
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May 03, 2015, 03:58:00 AM |
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billyjoeallen
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Hide your women
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May 03, 2015, 04:13:25 AM |
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I'm starting to wonder if my weekend discount is going to materialize.
The decentral bankers are getting better at managing our money supply. We are getting closer to stability and making profits in the process.
We're still range trading, but in the next month or two, the general trading strategy will shift to BTFD, hodl, sell only when the graph goes parabolic.
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