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fotosonics
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January 08, 2014, 09:54:32 AM |
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I am waiting for that watershed line where sentiment is no longer "could go to zero." This fallacy will not always exist. And when it doesn't there will be an exponential rise in price.
But price is already rising at minimum exponential rate? I kind of doubt any growth now that lapdog of Satan China called alibaba is marching to the communist party line. http://www.bloomberg.com/news/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules.html<edit> I just realized how bitcoin could be driving a rift between east & west, at least economically. That plus the Diaoyu/Senkakku Islands thing. Even tougher to maintain status quo. Just a side note for now. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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stereotype
Legendary
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Activity: 1554
Merit: 1000
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January 08, 2014, 09:58:56 AM |
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Panini cards? Actually, these were the an introduction to 'currency' for children at school to exchange with each other. Strange how children knew then, what the scarcest cards were to obtain and put a higher value to. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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January 08, 2014, 10:00:46 AM |
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<edit> I just realized how bitcoin could be driving a rift between east & west, at least economically. That plus the Diaoyu/Senkakku Islands thing. Even tougher to maintain status quo. Just a side note for now.
Indeed it's too bad for nations holding livestock rather than citizens. |
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fotosonics
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January 08, 2014, 10:02:03 AM |
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<edit> I just realized how bitcoin could be driving a rift between east & west, at least economically. That plus the Diaoyu/Senkakku Islands thing. Even tougher to maintain status quo. Just a side note for now.
Indeed it's too bad for nations holding livestock rather than citizens. That's an awesome avatar. Is it MJ-12 from Deus Ex? |
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Bullcoin
Newbie
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Activity: 14
Merit: 0
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January 08, 2014, 10:02:15 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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January 08, 2014, 10:03:35 AM |
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<edit> I just realized how bitcoin could be driving a rift between east & west, at least economically. That plus the Diaoyu/Senkakku Islands thing. Even tougher to maintain status quo. Just a side note for now.
Indeed it's too bad for nations holding livestock rather than citizens. That's an awesome avatar. Is it MJ-12 from Deus Ex? Thanks, and it is indeed! |
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fotosonics
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January 08, 2014, 10:05:46 AM |
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<edit> I just realized how bitcoin could be driving a rift between east & west, at least economically. That plus the Diaoyu/Senkakku Islands thing. Even tougher to maintain status quo. Just a side note for now.
Indeed it's too bad for nations holding livestock rather than citizens. That's an awesome avatar. Is it MJ-12 from Deus Ex? Thanks, and it is indeed! Outstanding. That game kept me sane during my first few months in China. I found it (probably pirated in all likelihood) at an electronics market in Shenyang, the Detroit of China. |
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Ducky1
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January 08, 2014, 10:06:14 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
Isn't that already old news? |
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fotosonics
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January 08, 2014, 10:09:54 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
Isn't that already old news? Date of Bloomberg report is Jan 7, 2014 10:38 PM MT Yet if the market is news sensitive as we perceive it to be, it could explain the current stagnation. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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January 08, 2014, 10:13:14 AM |
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I am puzzled how btc-e has consistently higher volumes than both Bitstamp and MtGox. Who trades there?
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Carra23
Legendary
Offline
Activity: 980
Merit: 1000
Need a campaign manager? PM me
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January 08, 2014, 10:14:40 AM |
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I am puzzled how btc-e has consistently higher volumes than both Bitstamp and MtGox. Who trades there?
Me! |
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seanneko
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January 08, 2014, 10:17:44 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
The fact that it did anything at all shows how stupid traders are. China doesn't like Bitcoin. We get it. It's old news now. You don't all need to panic sell every time China does something else bad. Factor China into your price and move on. |
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TakeTheSkyRoad
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January 08, 2014, 10:20:25 AM |
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I am puzzled how btc-e has consistently higher volumes than both Bitstamp and MtGox. Who trades there?
Me! Me too though I rarely see high volume in the bids. Usually nothing like Gox but they are much more reliable with SEPA transfers and cheaper to buy in with  |
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Ducky1
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January 08, 2014, 10:20:52 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
Isn't that already old news? Date of Bloomberg report is Jan 7, 2014 10:38 PM MT Yet if the market is news sensitive as we perceive it to be, it could explain the current stagnation. Sell on rumors buy on news? Huobi indeed had a fall, but has since recovered. |
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T.Stuart
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January 08, 2014, 10:29:52 AM |
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Wonder what effect the alibaba news will have on this news-sensitive market
The fact that it did anything at all shows how stupid traders are. China doesn't like Bitcoin. We get it. It's old news now. You don't all need to panic sell every time China does something else bad. Factor China into your price and move on. +1. Let's show the traders who's got the balls... and the brains also! |
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T.Stuart
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January 08, 2014, 10:30:37 AM |
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Go Stamp! |
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Davyd05
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January 08, 2014, 10:38:42 AM |
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Hypnoise
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January 08, 2014, 10:40:44 AM |
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hard to believe and digest, but seems it is bearish after all, my bots been selling at 889 - 896
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T.Stuart
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January 08, 2014, 10:46:27 AM |
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hard to believe and digest, but seems it is bearish after all, my bots been selling at 889 - 896
Chase those crazy bots out of town! |
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