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RayX12
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October 13, 2017, 12:51:32 PM |
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How much new money is needed for every 100$ up in price ?
I'm not saying 10K is impossible but so fast, I don't see how.
The only requirement is that nobody is willing to sell for less than previous price plus $100. There is no set formula; simply bids and asks. Yes, this doesn't feel like a short term trading play to me. Massive long positions are being taken. This feels less like a greed-based trade, and more like a fear-based trade (hedge). The bigger questions are 1) Why? and 2) Why now? The banks and currencies getting weaker! "SITUATION HYPER-CRITICAL: IMF WARNS MAJOR BANKS IN TROUBLE." https://www.youtube.com/watch?v=70q7v9zqt68And... by the way! CONGRATULATIONS HODLERS! |
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bitcoinPsycho
Legendary
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Activity: 2674
Merit: 2458
$120000 in 2024 Confirmed
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October 13, 2017, 01:03:52 PM |
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Torque
Legendary
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Activity: 3752
Merit: 5352
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October 13, 2017, 01:06:17 PM
Last edit: October 13, 2017, 01:50:35 PM by Torque |
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How much new money is needed for every 100$ up in price ?
I'm not saying 10K is impossible but so fast, I don't see how.
The only requirement is that nobody is willing to sell for less than previous price plus $100. There is no set formula; simply bids and asks. Yes, this doesn't feel like a short term trading play to me. Massive long positions are being taken. This feels less like a greed-based trade, and more like a fear-based trade (hedge). The bigger questions are 1) Why? and 2) Why now? No big mystery there. Money people tend to be smart, and nobody is trying to hide the coming financial collapse for those willing to look. Could be we just hit a collective psychological buy level. Something is definitely spooking the big money folks that are now coming into Bitcoin. The MSM wants to paint Bitcoin as the same pure tech speculation hype-driven mania they saw in 2013. But from the market behavior I've witnessed over the past year, I call bullshit on that. This is not just big money that's going to come in and subsequently leave... big long positions are being taken that would be hard to unwind. It's not looking the same as 2013. It appears to me that insiders may be hedging well ahead of something on the horizon. |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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October 13, 2017, 01:55:00 PM |
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How much new money is needed for every 100$ up in price ?
I'm not saying 10K is impossible but so fast, I don't see how.
The only requirement is that nobody is willing to sell for less than previous price plus $100. There is no set formula; simply bids and asks. Yes, this doesn't feel like a short term trading play to me. Massive long positions are being taken. This feels less like a greed-based trade, and more like a fear-based trade (hedge). The bigger questions are 1) Why? and 2) Why now? No big mystery there. Money people tend to be smart, and nobody is trying to hide the coming financial collapse for those willing to look. Could be we just hit a collective psychological buy level. Something is definitely spooking the big money folks that are now coming into Bitcoin. The MSM wants to paint Bitcoin as the same pure tech speculation hype-driven mania they saw in 2013. But from the market behavior I've witnessed over the past year, I call bullshit on that. This is not just big money that's going to come in and subsequently leave... big long positions are being taken that would be hard to unwind. It's not looking the same as 2013. It appears to me that insiders may be hedging well ahead of something on the horizon. The collapse (that is, the point where it can no longer be hidden from the muggles what is happening) is likely to happen around 2020. Something like that? |
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Torque
Legendary
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Activity: 3752
Merit: 5352
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October 13, 2017, 02:01:25 PM
Last edit: October 13, 2017, 02:25:41 PM by Torque |
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The collapse (that is, the point where it can no longer be hidden from the muggles what is happening) is likely to happen around 2020. Something like that?
You could be right, it could be that. With the way that world markets are being heavily manipulated and propped up by the Fed and the CBs right now, I'm of the mindset that the next market crash and crisis won't be an unknown black swan event to these insiders... it'll be manufactured by them. Such as a mega false flag event, a staged war, or the start of a controlled demolition in the outlier banks. They need a catalyst, a scapegoat. They need this to happen because they know they can't keep the markets propped up forever. They've got to reset them back down, and have a plausible excuse to crank up QE4 in order to restabilize the markets again. Either that, or they know that if the world economies don't turn around soonish (like in the next 2-3 years) we could start to see some run away inflation hit hard. It's kinda already started in the last few years. Then they'll have to raise interest rates and cause the market crash themselves, which won't look good on them. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 13, 2017, 02:03:20 PM |
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$6k coming to you live very soon  |
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soullyG
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October 13, 2017, 02:03:31 PM |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 13, 2017, 02:21:09 PM |
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$6k coming to you live very soon Actually, I think we'll consolidate in the 5650-5800 zone for few days first |
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El duderino_
Legendary
 Online
Activity: 2702
Merit: 13408
BTC + Crossfit, living life.
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October 13, 2017, 02:37:19 PM |
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$6k coming to you live very soon Actually, I think we'll consolidate in the 5650-5800 zone for few days first No problems with that i guess 😊 Nice and smooth weekend and than back to work on monday .... pumpin up these BTC |
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ivomm
Legendary
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Activity: 1894
Merit: 3137
All good things to those who wait
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October 13, 2017, 02:41:08 PM |
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segwit2x vs Bitcoin  |
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xhomerx10
Legendary
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Activity: 4032
Merit: 8864
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October 13, 2017, 03:11:10 PM
Last edit: May 13, 2023, 04:11:33 AM by xhomerx10 |
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Ha ha! Denied!  |
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cmacwiz
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October 13, 2017, 03:34:42 PM |
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I wake up and no new ATH yet?  Why even get out of bed!  |
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gembitz
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October 13, 2017, 03:47:05 PM |
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ANXPRO policy on next Forks and Airdrops:
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"What are Hard Forks and Air Drops?
A “blockchain hard fork” is an event where there is a split in the network with two competing blockchains. This may take the form of:
Business as usual, where in the normal course of operation, temporary network splits happen and resolve themselves (typically withinseconds or minutes); no new currency or blockchain is created.
Non-contentious upgrades hard forks, where typically the majority of a network upgrade to a new version of the software and the old chain dies off; no new currency or blockchain is created.
Non-contentious “airdrop” forks, where a new blockchain is created, splitting off from an existing blockchain. Both chains continue to operate normally under different names (for example Bitcoin and Bitcoin Cash). In this case an additional blockchain is created, and operates under a new name.
Contentious fork, where segments within the community cannot reach consensus on the rules of the blockchain. One or both sub communities implement changes to the blockchain and accepting that “their” version of the consensus rules represent the “new” chain. In this case there may be significant disruption to the network, and one or multiple competing currencies may remain in operation after the event. There may even been industry confusion as to the naming of each blockchain.
An “Air Drop” is where tokens are allocated to existing token holders in a blockchain. The newly created tokens may be allocated in a fork of the source blockchain, or they may be tokens in a new or different blockchain.
Air Drops are typically non-contentious; normally some steps must be undertaken for a wallet management service to obtain the airdropped tokens.
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ANXPRO Operating Procedures Regards Some Recent and Upcoming Forks and Air Drops
Bitcoin Cash Non-Contentious Air Drop -
On August 1st, 2017 a non-contentious airdrop fork occurred where a new blockchain “Bitcoin Cash” was created as a clone of the original Bitcoin blockchain with some consensus rule changes.
ANXPRO halted deposits, trading, and withdrawals until system stability was clear. ANXPRO remains undecided on the economic viability of adding and supporting Bitcoin Cash, and will make a decision on whether to support Bitcoin Cash in early 2018.
Bitcoin Gold Hard Fork -
Bitcoin Gold is a new cryptocurrency denoted, as of now, as BTG or “bgold”. It will be a fork of the original Bitcoin and is a community-activated hard fork of Bitcoin with the claimed objective of improving miner decentralization. Bitcoin Gold is slated to launch on 25th October 2017, although the exact time for this fork is not yet confirmed.
ANXPRO does not consider Bitcoin Gold to be high risk at this time.
ANXPRO will not be supporting Bitcoin Gold in the near term, or crediting Bitcoin Gold to Bitcoin deposit holders; customers who wish to participate in this Air Drop are required to withdraw their funds prior to the 24th of October.
Bitcoin SegWit2x Hard Fork -
SegWit2x is a proposition to boost Bitcoin's transaction capacity, first proposed in May by a subsection of the community as a compromise between competing proposals (segwit and larger blocks). The fork is currently expected to occur sometime during November.
ANXPRO is concerned the SegWit2x hard fork is extremely contentious.
The high level of contention in the community has resulted in two competing implementations that both appear identical to existing legacy wallet clients, which may lead to confusion and disagreement across the Bitcoin ecosystem regarding the validity of transactions.
There are a large number of possible outcomes, including but not limited to:
Both chains coexist, with confusion and contention over which chain is “Bitcoin” (this is particularly complicated as SegWit2x will possibly be recognised as the valid chain by existing mobile and light wallets) OR
A compromise or emergency hard fork executed by either blockchain results in the emergence of a single blockchain.
ANXPRO feels the outcome remains unclear, however the possibility of a major network disruption is very high.
ANXPRO will schedule an extended outage from the fork date. ANXPRO will monitor the network, industry, and customer feedback through this period to form a policy on:
When it is safe to resume Bitcoin operations
Which of the two (or both) blockchains should be supported, and
What currency name and codes to use for each blockchain
ANXPRO requires customers withdraw with Bitcoin from ANXPRO prior to the hard fork if they wish to have the ability to participate in both chains.
ANXPRO will not be supporting Bitcoin SegWit2x Hard Fork in the near term.
As a final reminder, you must withdraw your digital currencies from ANXPRO if you wish to participate in forks and Air Drops. Security and stability is always our top-most priority and ANXPRO cannot, at this time, support unproven and unstable blockchains. ".
2mb blocks are only a threat to the lightning network cartel ... keep calm  #bitcoin_mewn |
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JimboToronto
Legendary
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Activity: 4200
Merit: 4899
You're never too old to think young.
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October 13, 2017, 03:50:51 PM |
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Another very pleasant good morning Bitcoinland.
After last night's nice little high volume correction/profit-taking, it's good to see we're heading back up... currently $5750USD/$7175CAD (Bitcoinaverage).
AltCash is down a bit at $318USD/$387CAD (Coinmarketcap).
While a $1k rise in a day is exhilarating, it can be a little nerve-wracking as well. I'd rather see daily increases of $100 or so. They're much healthier in the long run.
Hopefully we'll see another ATH soon.
_____
Congrats to all the holders who became millionaires for the first time yesterday, and to anyone else who passed a significant milestone yesterday.
Once again we have proof that buying the dips and holding is the best policy.
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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October 13, 2017, 03:55:40 PM |
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We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.
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sgk
Legendary
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Activity: 1470
Merit: 1002
!! HODL !!
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October 13, 2017, 04:35:13 PM |
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Denker
Legendary
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Activity: 1442
Merit: 1016
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October 13, 2017, 05:18:13 PM |
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We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.
Stricter than a ban??? LOL No chance pal! There is nothing governments can do except setting up laws they themselves probably won't follow!!And the people who want Bitcoin will always find ways to get it! You can not stop that happening anymore! Adopt or get left behind! That's it!! |
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buyandhold
Member
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Activity: 231
Merit: 43
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October 13, 2017, 05:22:43 PM |
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jojo69
Legendary
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Merit: 4658
diamond-handed zealot
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October 13, 2017, 05:55:11 PM |
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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October 13, 2017, 06:54:44 PM |
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We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.
Stricter than a ban??? LOL No chance pal! There is nothing governments can do except setting up laws they themselves probably won't follow!!And the people who want Bitcoin will always find ways to get it! You can not stop that happening anymore! Adopt or get left behind! That's it!! how they are trying to stop the internet Peer to Peer networking War on file sharing War on encryption War on information War on cryptocurrency time for peer to peer currency to rise |
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