bitserve
Legendary
 Online
Activity: 1862
Merit: 1539
Self made HODLER ✓
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May 24, 2017, 05:00:36 PM |
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My latest purchase I just received this morning. I think it is appropiate, in this times we are living, to remember some things from the recent (2007-2009) past.  Ha! It resembles Monopoly tm money  Yep, but they are authentic and were issued with a very little time difference. The 1 zim dollar is from 2007, and the 10 trillion one is from 2008. Awesome, isn't it? That's some FIAT inflation. They changed it into $2 ''bond note'' and the party will go on and on   Uhhh, I don't know if that $2 bond is more valuable or not.... but it doesn't remotely have the coolness factor of my 10 trillion dollars bank note  |
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thoughtfan
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May 24, 2017, 05:09:25 PM |
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Anyone know (or have links to) discussion about why Bitfinex price, after for so long with fiat payment troubles causing an above-market exchange rate, is now lower than Stamp's?
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ARTISTCOLONY
Newbie
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Activity: 56
Merit: 0
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May 24, 2017, 05:11:12 PM |
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demand was too great they ran outta coins!!!  lmfao So you mean they already sold OUR coins to cover the demand? polo too go buy coins there the servers are "lagging" behind demand lmfao  bwaaahahaha |
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machasm
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May 24, 2017, 05:11:36 PM |
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My latest purchase I just received this morning. I think it is appropiate, in this times we are living, to remember some things from the recent (2007-2009) past. Ha! It resembles Monopoly tm money Yep, but they are authentic and were issued with a very little time difference. The 1 zim dollar is from 2007, and the 10 trillion one is from 2008. Awesome, isn't it? That's some FIAT inflation. They changed it into $2 ''bond note'' and the party will go on and on Uhhh, I don't know if that $2 bond is more valuable or not.... but it doesn't remotely have the coolness factor of my 10 trillion dollars bank note The picture of the rocks on those notes slightly resembles a turd! Probably would have been more appropriate to use a turd anyway! |
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Colonel Panic
Member
Offline
Activity: 110
Merit: 26
I do not have a Telegram or Skype account.
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May 24, 2017, 05:14:44 PM |
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You guys are so rich now. It's embarrassing. I hope you're giving to the poor.  i have to walk to the local bank on a daily basis (part of my job). there are beggars sitting on the sidewalks. i always gave them change. since december, when price rise started to accelerate i decided to give em more as long as bitcoin is rising. not long ago i had to start handing out € 5 notes which raised some eyebrows. last week i switched to € 10 notes. they must really wonder what kind of freak i am, because next week i will start with € 20 bills and if this sucker keeps rising there are still € 50 and € 100 bills. not sure what price level must be reached until i pull out the € 500 bill. but i am commited. Yeah, been tipping 20-30% these last few weeks. Feels good. Spread the love! |
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Asrael999
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May 24, 2017, 05:40:34 PM |
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Anyone know (or have links to) discussion about why Bitfinex price, after for so long with fiat payment troubles causing an above-market exchange rate, is now lower than Stamp's?
Not got any links but I assume it's because of a lack of fiat at the exchange, no fiat -> no buyers, and it doesn't look like there is an Arb yet for buying Alts elsewhere moving them to finex and switching to BTC so the exchange is stagnating. |
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ARTISTCOLONY
Newbie
Offline
Activity: 56
Merit: 0
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May 24, 2017, 05:46:27 PM |
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Anyone know (or have links to) discussion about why Bitfinex price, after for so long with fiat payment troubles causing an above-market exchange rate, is now lower than Stamp's?
Not got any links but I assume it's because of a lack of fiat at the exchange, no fiat -> no buyers, and it doesn't look like there is an Arb yet for buying Alts elsewhere moving them to finex and switching to BTC so the exchange is stagnating. bitcoin moves faster than fiat bruh * keep calm go buying BTC no down only uppppp+ https://www.youtube.com/watch?v=XdqAOq9pCfU |
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Iranus
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May 24, 2017, 05:47:20 PM |
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You guys are so rich now. It's embarrassing. I hope you're giving to the poor. i have to walk to the local bank on a daily basis (part of my job). there are beggars sitting on the sidewalks. i always gave them change. since december, when price rise started to accelerate i decided to give em more as long as bitcoin is rising. not long ago i had to start handing out € 5 notes which raised some eyebrows. last week i switched to € 10 notes. they must really wonder what kind of freak i am, because next week i will start with € 20 bills and if this sucker keeps rising there are still € 50 and € 100 bills. not sure what price level must be reached until i pull out the € 500 bill. but i am commited. Good lord! How many BTC you have? Nah, forget the question. I hope you are already converting some of your profits to FIAT (or you already have enough FIAT/Real estate just in case shit happens) if you have already reached your "richness" factor. Congrats! It would be a better choice to convert profits into gold instead. If you don't need to spend it yet, the only thing you should convert to is something else that's stable and has a limited supply. Trading is fine but IMO when you're withdrawing significant amounts, spending or going for gold are usually better choices. |
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lemmyK
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May 24, 2017, 05:51:45 PM |
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It would be a better choice to convert profits into gold instead. |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3015
Welt Am Draht
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May 24, 2017, 05:55:39 PM |
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It would be a better choice to convert profits into gold instead. Sod that. It would just sit there doing nothing while you slowly grew to resent it. I've read of people on here who spent 10-50 BTC on one poxy ounce. |
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Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1012
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May 24, 2017, 05:57:16 PM |
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 no, i don't think so ... |
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ARTISTCOLONY
Newbie
Offline
Activity: 56
Merit: 0
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May 24, 2017, 06:02:45 PM |
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You guys are so rich now. It's embarrassing. I hope you're giving to the poor. i have to walk to the local bank on a daily basis (part of my job). there are beggars sitting on the sidewalks. i always gave them change. since december, when price rise started to accelerate i decided to give em more as long as bitcoin is rising. not long ago i had to start handing out € 5 notes which raised some eyebrows. last week i switched to € 10 notes. they must really wonder what kind of freak i am, because next week i will start with € 20 bills and if this sucker keeps rising there are still € 50 and € 100 bills. not sure what price level must be reached until i pull out the € 500 bill. but i am commited. Good lord! How many BTC you have? Nah, forget the question. I hope you are already converting some of your profits to FIAT (or you already have enough FIAT/Real estate just in case shit happens) if you have already reached your "richness" factor. Congrats! It would be a better choice to convert profits into gold instead. If you don't need to spend it yet, the only thing you should convert to is something else that's stable and has a limited supply. Trading is fine but IMO when you're withdrawing significant amounts, spending or going for gold are usually better choices. a sluice box for $200 is what i'll invest in gold * unless you kaint dig!!! lazy computer geeks<<<< au is played out!! |
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BlackFlag
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May 24, 2017, 06:05:22 PM |
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dump incoming....
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JakaE
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May 24, 2017, 06:14:41 PM |
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dump incoming....
Big sell pressure at this region on Bitstamp. A 70 BTC wall at $2425and many more smaller ones later. |
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JakaE
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May 24, 2017, 06:16:04 PM |
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dump incoming....
Big sell pressure at this region on Bitstamp. A 70 BTC wall at $2425and many more smaller ones later. Seconds later, only 39 BTC left. The wall is coming down! |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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May 24, 2017, 06:16:21 PM |
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So what happens when the exchanges run out of bitcoin, low liquidity, then the Altcoin bubble bursts and all the alt-loving newbs frantically run for the trade back to btc? $30B trying to get back into btc all at once?  Look man... This is like 1998 before the tech bubble! We already went through 3-4years of newbies getting taken over the coals with scam alt coins! Now we have real world projects and the talented developers have become obvious...bigtime money is flowing into Bitcoin because of the Japanese banks and the media is favorable. We are just getting started  Cheers |
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