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MANofthePEOPLE
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February 13, 2014, 05:31:46 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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mah87
Donator
Hero Member
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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February 13, 2014, 05:32:44 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
Going back to 200$ this is obivous. Maybe even lower. Bitcoin is broken, it's a bubble and also bitcoin is useless. |
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hd060053
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February 13, 2014, 05:33:38 PM |
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The perma-sell manipulator on gox does his job good.
Somebody is going to get very cheap coins.... so obvious
but 90% who sell now, will lose mid term.
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c0dex
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February 13, 2014, 05:33:48 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
Going back to 200$ this is obivous. Maybe even lower. Bitcoin is broken, it's a bubble and also bitcoin is useless. Then why are you here? This is BITCOINTALK, no? You prefer Ripple, I see. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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February 13, 2014, 05:33:55 PM |
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I understand how it normally would react to eachother but as far as i know Gox prices aren't relevant anymore. It's a non functioning exchange. Why would someone trading on Stamp even pay attention to gox anymore.
Their 24h volume right now is higher than stamp. Over the past 30 days, they're still at about 70% of stamps volume. Sure, like everyone else I hope gox is dying, but you know how those death throes of former giants can kinda still cause quite a bit of damage. If all goes well, we won't be paying attention to gox price anymore in a year from now. But for now, it's hard to ignore completely, considering the amount of coins and USD bound to that black hole. |
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lemonte
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February 13, 2014, 05:36:30 PM |
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Gox seems to be looping and going a bit crazy, not that anyone should/would be overly interested..
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 13, 2014, 05:36:39 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
don't base your trading on your feelings I do FEEL the pressure to sell, so i buy. <-- crazy |
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Mythul
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February 13, 2014, 05:37:24 PM |
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The fix is almost ready guys, why sell ?
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hd060053
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February 13, 2014, 05:39:17 PM |
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The fix is almost ready guys, why sell ?
manipulators pressing us into selling. and then take the cheap coins. Btw, there are exchanges (kraken, huobi?), who dont even need a fix. there is no problem in the bitcoin protocol. |
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lemonte
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February 13, 2014, 05:39:45 PM |
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The fix is almost ready guys, why sell ?
Source please? I hope the foundation do a lot of press around this fix, just to begin building back the trust signals that Mr Karpeles has ruined this week. |
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ShroomsKit
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February 13, 2014, 05:41:32 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
Yup, i feel it coming as well. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 13, 2014, 05:41:55 PM |
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The fix is almost ready guys, why sell ?
manipulators pressing us into selling. and then take the cheap coins. Btw, there are exchanges (kraken, huobi?), who dont even need a fix. there is no problem in the bitcoin protocol. they should update the protocol, it is a problem... |
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fonzie
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February 13, 2014, 05:41:59 PM |
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The fix is almost ready guys, why sell ?
Source please? I hope the foundation do a lot of press around this fix, just to begin building back the trust signals that Mr Karpeles has ruined this week. So did Mr. Mark K. invent the fix and spread it to the other exchanges?? |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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February 13, 2014, 05:43:52 PM |
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When the guy disburses his supply of Yuan to the other traders, that increases supply and devalues it (a little).
It only moves Yuan from a Chinese pocket to other Chinese pockets. The total amount of Yuan in China remains the same. Most Governments dislike their currency being exported because any foreign bank or government that gathers enough of it can manipulate their exchange rates, import/export balance, and inflation. Some governments try hard to limit export of their currency, others may just live with it, others may have other motives to encourage it. 1) Pretty sure the Chinese power structure cares which Chinese pockets the Yuan is in. 2) Due to fractional reserve lending, the money supply is increased when loans are made and decreased when loans are paid off, so exchange rates could be affected even with no yuan leaving the country. They could counter this effect by manipulating interest rates, but perhaps they don't want to due to unintended consequences. So weird that they seem unconcerned with the real estate bubble and are concerned with Bitcoin instead. Central planners... |
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stompix
Legendary
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Activity: 2870
Merit: 6263
Blackjack.fun
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February 13, 2014, 05:44:21 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
don't base your trading on your feelingsI do FEEL the pressure to sell, so i buy. <-- crazy KRAMER: Now what does the little man inside you say? See you gotta listen to the little man.... |
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pietje
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February 13, 2014, 05:44:36 PM |
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Weekend rally nearly there  |
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mah87
Donator
Hero Member
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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February 13, 2014, 05:44:54 PM |
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Weekend rally nearly there 200$ on monday |
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stompix
Legendary
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Activity: 2870
Merit: 6263
Blackjack.fun
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February 13, 2014, 05:45:33 PM |
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The fix is almost ready guys, why sell ?
Please quote some reliable sources for this. There is still an ongoing discussion on git. |
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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February 13, 2014, 05:47:41 PM |
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Anyone else feeling like it's only a matter of time before the heavy dumping starts today?
don't base your trading on your feelings I do FEEL the pressure to sell, so i buy. <-- crazy I learnt that the hard way. Adam's proposition often works well. Another bit of wisdom: don't base your trading decisions on what people here say/feel, if only to avoid flock mentality, and and keeping your head clear. And my personal favourite: If you place some strategic orders during a calm period, making (as much as possible) rational assumptions about the market, don't start moving them once the market moves. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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February 13, 2014, 05:50:56 PM |
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The protocol is broken as far as i know, they will release a statement in the next days.  I´m really startin to worry about Bitcoin. It was overall awesome in the last years, but it seems those days are gone and history. From here on this is a downards spiral :-( It was fun anyways as long as it lasted. GOOD RIDDANCE! See, that' why it was a real mistake to lift the newbie posting restrictions :/ If I were you, I'd report this clown, adam. Pretty sure you can get his account deleted. |
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