podyx
Legendary
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Activity: 2338
Merit: 1035
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January 17, 2015, 08:44:00 AM |
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^ LOL
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ChartBuddy
Legendary
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 17, 2015, 08:59:58 AM |
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Bitfinex Bitstamp Explanation
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Eamorr
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January 17, 2015, 09:02:38 AM |
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I was hoping for a quiet weekend. Now this.
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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January 17, 2015, 09:06:13 AM |
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I was hoping for a quiet weekend. Now this.
Nothing happened yet except for the pump which is MIA.
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Eamorr
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January 17, 2015, 09:07:20 AM |
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I was hoping for a quiet weekend. Now this.
Nothing happened yet except for the pump which is MIA. Yes. But now I have to keep an eye on it.
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bizz
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January 17, 2015, 09:10:55 AM |
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I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.
Oil, EURO, CHF ... big moves. It's like a domino.
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RD965
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January 17, 2015, 09:11:08 AM |
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I was hoping for a quiet weekend. Now this.
Nothing happened yet except for the pump which is MIA. Yes. But now I have to keep an eye on it. Just wait were going to retest those lows
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ShroomsKit
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January 17, 2015, 09:14:28 AM |
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I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.
Oil, EURO, CHF ... big moves. It's like a domino.
Because if we go down first we will magically go up after. 1 of the many Bitcoin myths.
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bizz
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January 17, 2015, 09:16:42 AM |
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I'm 100% sure now world is entering deflation. If central bankers decide to fight it with printing for inflation it will probably cause worldwide hyperinflation. Anyway BTC is going down before going up. There's no place to hide right now. Fun times ahead.
Oil, EURO, CHF ... big moves. It's like a domino.
Because if we go down first we will magically go up after. 1 of the many Bitcoin myths. Like I said there's no place to hide. If BTC continues down it is always possible it will never recover or something will replace it.
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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January 17, 2015, 09:18:17 AM |
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The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.
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fonsie
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January 17, 2015, 09:19:22 AM |
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I feel sad for you pathetic bulls. Waiting for a fat fuck to release some info just so you can all find a justification to buy this failed abomination called bitcoin. Oh, oh! he he! bwahaha! ughuuhuh rofl haha lmfao! hihi! i know that 2 digits will come. The only question is when, because usually the level of hopium in the organism is pretty god damn high. There are scammy shitcoins out there (eg. Cloakcoin) that were pumped and dumped half a century ago and you can still see bagholders being active and posting cosmic photos of moons and rockets. Don't worry, i'll keep shorting this future MySpace of the crypto world (oh, wait, at least myspace had some success) and i will have the fun of my life watching these shitty traders decapitating their profits every couple of days and forced in the end to live in shoe boxes at the periphery of some favela. I'll be here to hand out the tissues, you delusional fucks. Nice place you've got there... Where's your IT equipment?
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heartastack
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January 17, 2015, 09:25:17 AM |
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I feel sad for you pathetic bulls. Waiting for a fat fuck to release some info just so you can all find a justification to buy this failed abomination called bitcoin. Oh, oh! he he! bwahaha! ughuuhuh rofl haha lmfao! hihi! i know that 2 digits will come. The only question is when, because usually the level of hopium in the organism is pretty god damn high. There are scammy shitcoins out there (eg. Cloakcoin) that were pumped and dumped half a century ago and you can still see bagholders being active and posting cosmic photos of moons and rockets. Don't worry, i'll keep shorting this future MySpace of the crypto world (oh, wait, at least myspace had some success) and i will have the fun of my life watching these shitty traders decapitating their profits every couple of days and forced in the end to live in shoe boxes at the periphery of some favela. I'll be here to hand out the tissues, you delusional fucks. Nice place you've got there... Where's your IT equipment? Nice jacket, looks like he's been spending big on his profits on a hedonistic lifestyle and forgot to work on the house. Common with nu-money people.
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bizz
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January 17, 2015, 09:27:52 AM |
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The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.
Well BTC is inflationary (10% I think?) in a deflationary environment. It has no chance right now.
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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January 17, 2015, 09:33:17 AM |
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The question is whether BTC will suffer from the deflation tendencies in the markets (on top of the current bear market that needs more time to resolve). I think the effect is limited, primarily because BTC is not an investment class (yet) but a gimmick for enthusiasts and speculators.
Well BTC is inflationary (10% I think?) in a deflationary environment. It has no chance right now. Unless adoption grows (10% inflation means nothing then), but I don't see adoption growing in this bear market. I.e., more time for devs and investors to work on infrastructure and more cheap coins coming.
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razorramon
Full Member
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Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
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January 17, 2015, 09:51:10 AM |
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looks like we are going for the triple bottom ...maybe lower
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ChartBuddy
Legendary
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 17, 2015, 10:00:01 AM |
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Bitfinex Bitstamp Explanation
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 17, 2015, 10:05:46 AM |
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there is no such thing as bitcoin adoption, just geeks and traders selling their ponzi mascot to the naive crowd.
Normal people, who have other problems in life than worrying about the value of their money or their hard-drive crashing each day, will always use something stable and trusted as a currency, thus they don't give a single f*ck.
The only mother that you'll ever see in bitcoin land is the mother of bulltrap and she'll spank you hard for using your pocket money in some magic internet beans.
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NotHatinJustTrollin
Full Member
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Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 17, 2015, 10:08:09 AM |
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there is no such thing as bitcoin adoption, just geeks and traders selling their ponzi mascot to the naive crowd.
Normal people, who have other problems in life than worrying about the value of their money or their hard-drive crashing each day, will always use something stable and trusted as a currency, thus they don't give a single f*ck.
The only mother that you'll ever see in bitcoin land is the mother of bulltrap and she'll spank you hard for using your pocket money in some magic internet beans.
I fucking lol'd hard Well done Sir.
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 17, 2015, 10:16:04 AM |
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Without mining industry dark forces, and their skilled traders associates, who did manipulate and sustain bitcoin price as long as possible with bots and walls, to squeeze the most out of this juicy lemon, bitcoin would be down to 2 digits long ago. Let alone going to 1000 in the first place.
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