Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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February 02, 2016, 04:02:16 PM |
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Please allow me to extend my apologies for fucking Comcast's crap service. You're referring to the problem with the picture? I don't understand why, on a very random basis, some pictures are not shown by chartbuddy :/ Those are usually where uploads to imgur fail and I don't have retries yet. However, right now, my connection is particularly bad and will also be contributing.
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 02, 2016, 04:02:33 PM |
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blunderer
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February 02, 2016, 04:12:33 PM |
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.@Richy_T: what are these?
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gentlemand
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Activity: 2590
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Welt Am Draht
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February 02, 2016, 04:18:57 PM |
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Seriously? What does it make your constitution different from most countries?
Britain doesn't have a constitution. We rely on fair play and the knowledge that no one will complain no matter what's done to us. The Special Relationship with the US is deeply pathetic to witness from the British end. It's like a desperately insecure boyfriend over analysing his uninterested woman's every move.
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machasm
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February 02, 2016, 05:11:01 PM |
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Seriously? What does it make your constitution different from most countries?
Britain doesn't have a constitution. We rely on fair play and the knowledge that no one will complain no matter what's done to us. The Special Relationship with the US is deeply pathetic to witness from the British end. It's like a desperately insecure boyfriend over analysing his uninterested woman's every move. Got to say I have to agree with you on that note gentlemand.
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jbreher
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lose: unfind ... loose: untight
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February 02, 2016, 05:20:42 PM |
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:deleted - unit failure:
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JayJuanGee
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Activity: 3878
Merit: 11064
Self-Custody is a right. Say no to"Non-custodial"
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February 02, 2016, 05:46:39 PM |
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I bought at 380 thinking it would only go up, and you know what? I hate being wrong ><
The common traders emotion, "Why does the price always go down after I buy and goes up right after I sell". Well we just need to wait for a little while for the price to push around the $390 mark again. True, but I see only a lowering trend and it's bothering me a lot Probably, you need to zoom out a little bit in order to have a better perspective. Sometimes, I wonder, unless it is just for trolling effect, how posters can get so worked up about the price movement within one or two weeks or some other selective period of time that shows a downward trend. We have both downward and upward trends in bitcoin, and both can be occurring at the same time depending on the timeline that you are describing. Surely, we may have some continuing and ongoing downtrend, even below $300 - however, if we realize that to be a possibility, then we should prepare for such - which doesn't necessarily mean betting all of our BTC holdings that it is going below $300, when we may only see that as a less than 10% probability. At this point, I am inclined towards thinking the next 5% adjustment in BTC prices will be down... I give it a 53% for down and 47% for up.... But really it is not a clear and convincing conviction merely to be inclined to believe one way or the other.
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aztecminer
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February 02, 2016, 05:47:24 PM |
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Seriously? What does it make your constitution different from most countries?
Britain doesn't have a constitution. We rely on fair play and the knowledge that no one will complain no matter what's done to us. The Special Relationship with the US is deeply pathetic to witness from the British end. It's like a desperately insecure boyfriend over analysing his uninterested woman's every move. any relationship with obama admin is pathetic... i have been lobbying for a Magna Carta here in the USA to go with Texas state movement to roll back the power of the federal govy over states and the presidents power to use executive orders to circumvent congress to pass laws that the president cant pass legally ... because for one thing i do not believe i really owe the USA 30% to 40% of my income .. #abusivehightaxes ............... maybe i owe some taxes, but i dont owe 30 to 40% worth ... i think i saw that obama raised taxes on bitcoin from 15% to 20% .
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adamstgBit
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Trusted Bitcoiner
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February 02, 2016, 05:58:50 PM |
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relentless vol at relatively low levels, everyone is busy selling bottom... will they all sell at once in a panic again at some point? maybe...
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 02, 2016, 06:01:02 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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February 02, 2016, 06:04:07 PM |
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I bought at 380 thinking it would only go up, and you know what? I hate being wrong ><
The common traders emotion, "Why does the price always go down after I buy and goes up right after I sell". Well we just need to wait for a little while for the price to push around the $390 mark again. True, but I see only a lowering trend and it's bothering me a lot Unless the blockchain issue gets resolved or some big news that will make everyone to jump back in there's not enough push for the price to recover. Well if the blockchain issue isn't resolved, btc is dead no? (From what I understood) when i went into bitcoin "larger scale" price was at $120,- a few weeks later price went below $70,- at some point. you will get a glimpse of how that feels if price goes down to $275,- or so. that was 2013. later that same year price went over $1000,- so.... relax. I read this post a few hours ago, and I was thinking about it. Initially, I was thinking that a drop to $275 was pretty unrealistic; however, upon further consideration, it is not beyond the realm of possibilities to cause for a pick up of the upward volume that would launch BTC prices upward from the point that we are now and likely into $500, $600 and beyond. Really, if we look at the past 1/2 year, we had real decent pick up on volume that lasted about 18 weeks, but then the past about 5 weeks have experienced a relatively drying up of volume into a kind of medium territory. I wouldn't call that stability exactly, because of the earlier volume and the ongoing BTC price developments. Whether the purported scaling concerns are real enough to undermine BTC fundamentals (I hate to give that issue so much credit but the presentation of the issue can play into perceptions), we have some dynamics that could allow for a price drop into the lower $300s or even into the upper $200s. On the other hand, my personal belief is that chances are a bit greater that we will see $430 before we see $315... At the moment, that's how I have balanced my bets.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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February 02, 2016, 06:15:51 PM |
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Big gap opening up on dodgy dealings that is BTC-e.
What irony [insert gif here] Maybe BTC-e is becoming our new price leader? Although they have been up for several weeks - even when BTC prices were going down. I doubt BTC-e's higher prices and widening gap should imply any kind of "dodgy dealings" necessarily. Their actual anonymity and difficulties in transferring cash in and out of there has always caused them to perform a bit different from some of the other exchanges that are more KYC and AML compliant. No? Is there any other evidence of "dodgy dealings," besides a ongoing and increasing price gap?
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tomothy
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February 02, 2016, 06:37:12 PM |
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"Whether the purported scaling concerns are real enough to undermine BTC fundamentals (I hate to give that issue so much credit but the presentation of the issue can play into perceptions), we have some dynamics that could allow for a price drop into the lower $300s or even into the upper $200s."
I'm hoping we drop sub 300. I'd like to pick up some cheap CHEAP coins but feel this is unrealistic. There's been too much support @>$325. I think we could have a quick mtgox/DPR drop but that would recover quickly if classic/core goes nuclear. I'm hoping for a HF to 2mb; for some slight to significant market drop and plan on buying at that time. I know source code has been released, binaries are being compiled, and slush & antpool support classic.
I don't really have much liquid to play with and I've had issues losing keys before so I use various services to hold my coins. I recognize that I'm dependent on what the institutions do after a possible core/classic split since they store mine... (Yeah, they're not your coins unless you have them... but better than losing your coins or suffering an improper backup.. NOOOOOOOO). (just a few alts... /cry). ~$600 lost /sigh
I don't see any major corrections until the core classic debate gets resolved afterwhich there will by craziness bad and then super good. /shrug my $.02
I'd just like to know how long we will go downward sideways like this for.
My understanding on BTC-E differential is that the price difference is due to cost of their fees. I believe ~+/- 2%
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coins101
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February 02, 2016, 06:44:45 PM |
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Big gap opening up on dodgy dealings that is BTC-e.
What irony [insert gif here] Maybe BTC-e is becoming our new price leader? Although they have been up for several weeks - even when BTC prices were going down. I doubt BTC-e's higher prices and widening gap should imply any kind of "dodgy dealings" necessarily. Their actual anonymity and difficulties in transferring cash in and out of there has always caused them to perform a bit different from some of the other exchanges that are more KYC and AML compliant. No? Is there any other evidence of "dodgy dealings," besides a ongoing and increasing price gap?
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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February 02, 2016, 06:52:43 PM |
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BitcoinMaking trips to the moon affordable
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keats3
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February 02, 2016, 06:54:57 PM |
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Big gap opening up on dodgy dealings that is BTC-e.
What irony [insert gif here] Maybe BTC-e is becoming our new price leader? Although they have been up for several weeks - even when BTC prices were going down. I doubt BTC-e's higher prices and widening gap should imply any kind of "dodgy dealings" necessarily. Their actual anonymity and difficulties in transferring cash in and out of there has always caused them to perform a bit different from some of the other exchanges that are more KYC and AML compliant. No? Is there any other evidence of "dodgy dealings," besides a ongoing and increasing price gap? BTC-e has always been one of the lower volume exchanges and it never needed much money to create a wide gap with the high volume exchanges. Today its had $ 2,207,640 of bitcoins traded which puts it slightly below Bitstamp in volume. That's not evidence of "dodgy dealings" but it's highly unusual for BTC-e to have that much volume. The order books still look fairly thin, so if someone with money wants to buy a big number of bitcoins there it will make an ongoing and increasing price gap.
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nioc
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February 02, 2016, 07:05:16 PM |
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"Whether the purported scaling concerns are real enough to undermine BTC fundamentals (I hate to give that issue so much credit but the presentation of the issue can play into perceptions), we have some dynamics that could allow for a price drop into the lower $300s or even into the upper $200s."
I'm hoping we drop sub 300. I'd like to pick up some cheap CHEAP coins but feel this is unrealistic. There's been too much support @>$325. I think we could have a quick mtgox/DPR drop but that would recover quickly if classic/core goes nuclear. I'm hoping for a HF to 2mb; for some slight to significant market drop and plan on buying at that time. I know source code has been released, binaries are being compiled, and slush & antpool support classic.
I don't really have much liquid to play with and I've had issues losing keys before so I use various services to hold my coins. I recognize that I'm dependent on what the institutions do after a possible core/classic split since they store mine... (Yeah, they're not your coins unless you have them... but better than losing your coins or suffering an improper backup.. NOOOOOOOO). (just a few alts... /cry). ~$600 lost /sigh
I don't see any major corrections until the core classic debate gets resolved afterwhich there will by craziness bad and then super good. /shrug my $.02
I'd just like to know how long we will go downward sideways like this for.
My understanding on BTC-E differential is that the price difference is due to cost of their fees. I believe ~+/- 2%
Have you considered using electrum for your wallet? A multi word seed can be used as a back up. I have mine in several secure locations. It is easy to recreate your wallet from the seed and it doesn't matter if your comp gets destroyed. You can also make multiple wallets within the same program, each with it's own seed. Plus you don't have to keep it synced. Plus when btc is forked 8 ways, unlike with a 3rd party, you will have coins on all 8 forks
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 02, 2016, 07:12:23 PM |
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JayJuanGee
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Activity: 3878
Merit: 11064
Self-Custody is a right. Say no to"Non-custodial"
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February 02, 2016, 07:16:12 PM |
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"Whether the purported scaling concerns are real enough to undermine BTC fundamentals (I hate to give that issue so much credit but the presentation of the issue can play into perceptions), we have some dynamics that could allow for a price drop into the lower $300s or even into the upper $200s."
I'm hoping we drop sub 300. I'd like to pick up some cheap CHEAP coins but feel this is unrealistic. There's been too much support @>$325. I think we could have a quick mtgox/DPR drop but that would recover quickly if classic/core goes nuclear. I'm hoping for a HF to 2mb; for some slight to significant market drop and plan on buying at that time. I know source code has been released, binaries are being compiled, and slush & antpool support classic.
I don't really have much liquid to play with and I've had issues losing keys before so I use various services to hold my coins. I recognize that I'm dependent on what the institutions do after a possible core/classic split since they store mine... (Yeah, they're not your coins unless you have them... but better than losing your coins or suffering an improper backup.. NOOOOOOOO). (just a few alts... /cry). ~$600 lost /sigh
I don't see any major corrections until the core classic debate gets resolved afterwhich there will by craziness bad and then super good. /shrug my $.02
I'd just like to know how long we will go downward sideways like this for.
My understanding on BTC-E differential is that the price difference is due to cost of their fees. I believe ~+/- 2%
I agree with most of the points that you made in your post - except I would differentiate on a couple of points. 1) I think that you are giving too much credit that some kind of resolution of the core/classic debate is a necessary condition for BTC prices to move in either direction. Yes, it is getting a lot of attention in the recent month, but there was also some variation of the impending doom of bitcoin concerning this scaling matter for nearly a year, and maybe even a bit longer than that. This scaling subject matter is too much exaggerated, and even the supposed exacerbated tension and stagnation within the community regarding governance and difficulties in consensus is quite exaggerated. Bitcoin is considerably built upon trustless and no need for direct and outwardly communicated consensus... except to the extent that consensus comes through actions and choosing which protocols to follow in regards to the majority following such protocols and sometimes difficulties in changing the direction of the majority (or the status quo). Lack of consensus and disputes is always going to be a problem with peer to peer and decentralized systems.. it is what makes them great and difficult at the same time. 2) regarding your assertion of the +/-2% of BTC-e, I am not sure about what you are referring. Trading fees on BTC-e are .2%; however, frequently, explanations are made regarding price differentials due to ease and or difficulties in moving money on and off of exchanges. I believe with BTC-e, it is pretty easy to move bitcoins but a bit more difficult to move fiat on and off. That has always been the case with BTC-e, and I have the sense that BTC-e has made few significant improvements regarding moving fiat on and/off - yet the price difference on BTC-e used to be negative, rather than positive... Sure that is similar to what happened at Gox before they imploded, but Gox had a lot of other issues going on, besides merely the fact that they were trading at a premium prior to imploding.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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February 02, 2016, 07:18:45 PM |
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Big gap opening up on dodgy dealings that is BTC-e.
What irony [insert gif here] Maybe BTC-e is becoming our new price leader? Although they have been up for several weeks - even when BTC prices were going down. I doubt BTC-e's higher prices and widening gap should imply any kind of "dodgy dealings" necessarily. Their actual anonymity and difficulties in transferring cash in and out of there has always caused them to perform a bit different from some of the other exchanges that are more KYC and AML compliant. No? Is there any other evidence of "dodgy dealings," besides a ongoing and increasing price gap? hahahahahaha I have no idea what the circle depiction represents, but it sure is pretty.
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