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gwoplock
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October 31, 2017, 08:45:57 PM |
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The train has now stopped to refuel and take some more passengers, before going CCMF again...
Will you be on that train? No? Think again!
train is pulling out of the station. Up we go. |
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conspirosphere.tk
Legendary
 Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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October 31, 2017, 09:18:32 PM |
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train is pulling out of the station. Up we go.
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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October 31, 2017, 09:29:18 PM |
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 and Vers, Belshes, Silberts lol Happy whitepaper day. |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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October 31, 2017, 09:35:22 PM |
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1464
Clueless!
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October 31, 2017, 09:37:55 PM |
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 Toot! (BTC too tired for more than Toot!, too busy breaking ATH every other day) |
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lightfoot
Legendary
Offline
Activity: 3150
Merit: 2257
I fix broken miners. And make holes in teeth :-)
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October 31, 2017, 09:38:59 PM |
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6370+. I was thinking: When it was 1k or so a year ago I couldn't have imagined it would go up by a factor of five.
Now I wonder if it will go up by another factor of 5 to 30k. Not unbelievable.
C
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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October 31, 2017, 09:41:54 PM |
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Like this ?  |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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October 31, 2017, 09:42:16 PM |
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6370+. I was thinking: When it was 1k or so a year ago I couldn't have imagined it would go up by a factor of five.
Now I wonder if it will go up by another factor of 5 to 30k. Not unbelievable.
C
If it does my life will change more than I could ever imagine. |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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October 31, 2017, 09:47:56 PM |
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Patiently waiting for that spike upwards (at least a doubling within one week). Until then, it is still HODLing time.
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Clavulanic
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October 31, 2017, 10:00:27 PM |
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Patiently waiting for that spike upwards (at least a doubling within one week). Until then, it is still HODLing time.
For me I will still hold my funds before that spike to happen, because looking over to the bigger results, I am certain that having the patience that we had for bitcoin's value so far will benefit us most of the time now. I guess on week isn't just enough to wait, but surely we can experience the goodness of the price when it reached to the highest peak of price history. Although fluctuations may happen as previous months are in fear of price decrease, because of highest price that it can made investors to decide of selling their assets; but still they are positive enough to think of holding it. More will be investing now as demands rises from time to time and we are on the road to $7k. |
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LewisPirenne
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October 31, 2017, 10:15:30 PM |
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A few thoughts on the CME news. Even though the contract is cash-settled, market makers do need to hedge if they want to provide liquidity. Because as we hodlers know, who wants to take the other side of the trade, e.g. short? Jamie Dimon? If the market demand is one-sided, market makers got to step in and take other side of the trade, and for that they need to hedge, unless they want to get rekted/blown-up.
But as we all know, BTC has limited quantity and even smaller outstanding stock available on the exchanges. So if market makers want to delta hedge, they need to hold the underlying asset, i.e. BTC, since they can't fractional-reserve this and create BTC out of thin air. So when BTC spikes up (or plunges), this is going to make the volatility even worse as market maker scramble to buy/sell BTC. There might simply not be enough BTC around for people to hedge. Though this would be less of a problem when BTC has huge market cap in the trillions, i.e. fixed quantity but supporting larger notional value of outstanding contracts.
Also, BTC is traded 24/7/365 across the world and the biggest volume isn't even in the US. It is in JPY (Japan) now and was CNY (China) before. So the biggest influence on spot price (needed for cash settlement of contract) isn't in USD nor in the US. This is like having a BCH future on CME while the trades are all being done in KRW on Bithumb. Quite risky and manipulations are all oversea based. One would need to get funds oversea for settlement manipulation and often the exchanges won't even open account unless you have ARC (alien registration card) for Japan or South Korea.
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pfrtlpfmpf
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October 31, 2017, 10:34:43 PM
Last edit: October 31, 2017, 11:03:12 PM by pfrtlpfmpf |
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Somebody said: 100 to 4000 was difficult.
4000 to 400000 will be easy !
That´s right, i said: 400000
hundreds and thousands, pfmpf . . .
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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October 31, 2017, 10:35:52 PM |
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A few thoughts on the CME news.
My main thought is something that hasn't been mentioned very much - 'subject to regulation'. |
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barota
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October 31, 2017, 10:57:34 PM |
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bitcoin rise Strongly The last two days ; but Every time it rises we see Some mystery in blockchain
we have 48988 unconfirmed transactions until now
Will we see dump?
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AlcoHoDL
Legendary
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Activity: 2492
Merit: 4576
Addicted to HoDLing!
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October 31, 2017, 11:23:36 PM |
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ATH @ Kraken!5520 €
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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October 31, 2017, 11:29:23 PM |
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Sweet Carolina!  |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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October 31, 2017, 11:31:11 PM |
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Sweet Carolina! Country Music fest? Edit. CCMF |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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October 31, 2017, 11:33:17 PM |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
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October 31, 2017, 11:39:07 PM |
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Touching me. Touching you. Bitcoin  |
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