HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:01:44 AM |
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Funny that no one is talking about the mem pool as we clear 30 sat transactions.
How to put that politely ? Today I don't give a shit about the mempool, I am just mesmerized by the price graph. That was very polite. Well done !
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:04:39 AM |
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Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.
At some point someone HAS to figure out how to arb these exchanges. When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity. I looked into it. Korea has forex controls so getting money out is hard. You have to do some shit like buy Hyundai’s and ship those out to get your money out. The reason locals are buying bitcoin is to send it offshore and circumvent their own forex controls that way. They don’t care the price it just lets them move funds offshore. We are watching the won inflate against bitcoin in real time.
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BitcoinBunny
Legendary
Online
Activity: 1498
Merit: 2549
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December 06, 2017, 09:07:05 AM |
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What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.
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explorer
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Activity: 2016
Merit: 1259
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December 06, 2017, 09:09:28 AM |
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Korean exchanges just can't get enough. We are at an all time high and they are still leading by about $2000.
At some point someone HAS to figure out how to arb these exchanges. When the Chinese exchanges were at a premium it was much harder to arbitrage. But there must be some wealthy Koreans that want to take advantage of this opportunity. I looked into it. Korea has forex controls so getting money out is hard. You have to do some shit like buy Hyundai’s and ship those out to get your money out. The reason locals are buying bitcoin is to send it offshore and circumvent their own forex controls that way. They don’t care the price it just lets them move funds offshore. We are watching the won inflate against bitcoin in real time. At about a bitcoin a piece, they soon overflow your carry-on.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:09:37 AM |
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What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.
I sold mine at 46 cents /shrug. I couldn’t figure out how the tangle was supposed to work so I couldn’t believe in the tech.
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bitserve
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 06, 2017, 09:14:56 AM |
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What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.
I am trying to figure out.... What I have been able to figure out is that a bunch of shitcoins being traded at Finex have been ridiculously pumped for no apparent reason.
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bitserve
Legendary
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 06, 2017, 09:21:44 AM |
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What's the deal with IOTA going beserk? Soon it will overtake Bitcoin Cash marketcap.
I sold mine at 46 cents /shrug. I couldn’t figure out how the tangle was supposed to work so I couldn’t believe in the tech. That's the problem I have with all that shitcoins. I try to see something good and it is mostly all shit. Yet some of them rise spectacularly without even delivering anything close to a working PoC. The tangle is not that bad idea itself, and you can see it fully working in Byteball. What I would like to see is how the iota team plan to make it work on iot devices. A simple arduino PoC would be great.... but I don't see that coming any time soon... or never.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:24:28 AM |
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This is nicer.
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600watt
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Activity: 2338
Merit: 2106
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December 06, 2017, 09:24:51 AM |
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Let us brace ourselves. Fib says we are heading $13,000 in less than 24 hours. If i'm wrong i'll double my giveaways on street childrens this Christmas. dude, don´t be greedy and rent them a flat. or start a charity that does that.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:27:24 AM |
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Is this what they call expoparabolic?
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:28:59 AM |
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Is this some sort of competition ?
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BitcoinBunny
Legendary
Online
Activity: 1498
Merit: 2549
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December 06, 2017, 09:32:02 AM |
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When I go to Bitcoinity.org it displays my graph in mBTC. ---Figured out how to change it...
It might be better if more exchanges would show that too as it seems more affordable to more people I reckon but then the shine of the mammoth value of 1 BTC is lost too. Hmmm.
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600watt
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Activity: 2338
Merit: 2106
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December 06, 2017, 09:34:50 AM |
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Is this some sort of competition ?
we are entering PERMA ATH MODEERA, dude!
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:36:57 AM |
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Is this some sort of competition ?
Not at all. It's just totally rad, dude ! I’m totally down with that
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:48:07 AM |
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A bit brave to be dumping coins at 12615 in this market.
Edit: Monero going on a tear. Up 31%. My ETH is a dog.
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600watt
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Activity: 2338
Merit: 2106
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December 06, 2017, 09:48:32 AM |
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almost 15 minutes without ATH. wtf is going on?
BTC dead?
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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December 06, 2017, 09:48:59 AM Last edit: December 06, 2017, 10:03:30 AM by jbreher |
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Bitcoin up 4%, bcash is down 10%. This is a pattern I'd like to see repeat.
It bears repeating. Get it, [jbreher]? Haha. Reading this several hours later. GDAX just flirted with $12,730.04 (USD). Bitcoin Cash at $1442.00. If this goes on much longer, I'll be at net zero for my BTC->BCH buys. I'd rather see BCH get pumped, but I am more than happy to have it happen for BTC. After all, I've got lowball standing BTC->BCH orders that are getting hit. I decided I'd like a new house. I've accordingly increased the stakes on my laddered volatility trading scheme. Cheers!
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AlexGR
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Activity: 1708
Merit: 1049
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December 06, 2017, 09:51:40 AM |
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Meanwhile... in Korea:
1 Bithumb BTC/KRW $836,975,000 $14,486.60 9.10% Recently 2 Bitfinex BTC/USD $744,290,000 $12,466.00 8.09% Recently 3 Binance IOTA/BTC $394,564,000 $11,806.00 4.29% Recently 4 Bitfinex MIOTA/BTC $377,900,000 $12,687.30 4.11% Recently 5 GDAX BTC/USD $361,114,000 $12,675.00 3.93% Recently 6 bitFlyer BTC/JPY $225,775,000 $12,585.60 2.45% Recently 7 HitBTC BCH/BTC $198,361,000 $12,545.20 2.16% Recently 8 Bitstamp BTC/USD $174,541,000 $12,456.00 1.90% Recently 9 BTCC BTC/USD $167,185,000 $12,930.00 1.82% Recently 10 Coinone BTC/KRW $163,023,000 $14,490.30 1.77% Recently 11 Korbit BTC/KRW $144,443,000 $14,472.00 1.57% Recently
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 06, 2017, 09:53:16 AM |
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How much of the Korean economy can we squeeze through bitcoin? Korean GDP is nominally US$1.4 trillion.
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