Cablez
Legendary
 Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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November 07, 2013, 05:30:29 PM |
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I am still waiting for a small BTC withdrawal from last night as well. Still no sign of it.
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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November 07, 2013, 05:36:32 PM |
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Seems we may keep pumping north, without any major, lengthy correction, as long as these healthy little corrections and consolidation periods continue. At least, that would be ideal..  |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 07, 2013, 05:36:54 PM |
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There will be NO correction. This became global now...
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 07, 2013, 05:43:39 PM |
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5h old news... Bitcoin.de is going to change the trading (to instant) soon. Fidor bank will actually take over it  They put that on FB: Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung: https://www.fidor.de/produkte/fidorpayGood news if you ask me! Add this article to the story: http://www.zerohedge.com/news/2013-11-07/bitcoin-soars-over-300-question-arises-could-it-become-global-reserve-currency |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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November 07, 2013, 05:44:43 PM |
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So if you have a BTC withdrawal that can't be processed for days what will you do if everyone starts dumping massive amounts of coin ?
You can't cancel a withdrawal can you ?
Live with coins that are expensive. But history so far has proven it is only temporary, and you still got them at a bargain. History has shown bitcoin gets more expensive after every bubble. |
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theonewhowaskazu
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November 07, 2013, 05:46:02 PM |
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So if you have a BTC withdrawal that can't be processed for days what will you do if everyone starts dumping massive amounts of coin ?
You can't cancel a withdrawal can you ?
Live with coins that are expensive. But history so far has proven it is only temporary, and you still got them at a bargain. History has shown bitcoin gets more expensive after every bubble. I think by expensive he means expensive compared to current Goxxian price. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 05:46:50 PM |
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gambitv
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November 07, 2013, 05:48:15 PM |
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Who had fun last night?
I did. Took nerves to watch the swings though. I think I will corner the market in quatloo's, while everyone is distracted with bitcoins though. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 07, 2013, 06:01:46 PM |
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Gabi
Legendary
Offline
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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November 07, 2013, 06:03:32 PM |
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There is a bit of a built-in conflict in these two requirements. To be useful in the $60 trillion global economy, the quatloo must be issued in size: there must be enough of it around to grease transactions large and small in all sorts of markets. Using the U.S. dollar as a guide (since the USD is the primary reserve currency), we can estimate that a minimum of $1 trillion in quatloos would be needed to become a practical global currency.
To act as a reserve currency, another trillion or two would be needed, as nations would hold these quatloos as reserves. (Nations hold an estimated $7 trillion in USD reserves, about $3 trillion euros and $1 trillion or so in yen, pounds and other currencies.)
But issuing quatloos in these quantities would remove any scarcity value. Thus the issuer of the quatloo would have to carefully issue more quatloos only when demand justified the need for more monetary "grease" for the global economy. They have no idea how bitcoin works. Lol at they thinking that you must "create" new money to have enough of them, their brain still don't know the concept of "more digits after the decimal point". Lol at the fact that an "issuer" must exists |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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November 07, 2013, 06:09:53 PM |
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Who had fun last night?
Me also. Like your sig, but unfortunately I am no venture capitalist  |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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November 07, 2013, 06:11:22 PM |
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!!!! Subway! 10% discount! Is this real?  |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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November 07, 2013, 06:18:45 PM |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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November 07, 2013, 06:18:57 PM |
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!!!! Subway! 10% discount! Is this real? You speak russian? |
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Nightowlace
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November 07, 2013, 06:21:44 PM |
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It's going down.
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DougTanner
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November 07, 2013, 06:22:04 PM |
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Here we goooooooooooooooooo  |
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Franktank
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November 07, 2013, 06:23:31 PM |
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It's going down.
And it's not stopping.... |
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BRADLEYPLOOF
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November 07, 2013, 06:24:06 PM |
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It's going down.
And it's not stopping.... shhhhhh just relax, calm your body, and rock back and forth... |
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