HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 11, 2018, 09:13:56 AM |
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Is $12,726 the best you can do?  |
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Starving_Marvin
Sr. Member
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Activity: 511
Merit: 250
Open and Transparent Science Powered By Blockchain
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January 11, 2018, 09:15:22 AM |
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We need our own Bitcoin Exchange. Our legal entity must be set on a Moon (yes we said we are going to then moon, what are we waiting for?) site.
Then no petty government shall come and shut down our exchange. If somebody picks the idea that would be great.
decentralized exchange Is there any viable decentralized exchanges currently around? Something with proper trading volume... |
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LewisPirenne
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January 11, 2018, 09:34:33 AM |
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To be fair, he is probably just warning users about the hazards of using Kraken to trade in a volatile day such as today.  |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 11, 2018, 09:44:49 AM |
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It was in reference to Kraken being down.  |
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d_eddie
Legendary
Offline
Activity: 2674
Merit: 3587
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January 11, 2018, 09:57:33 AM |
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We need our own Bitcoin Exchange. Our legal entity must be set on a Moon (yes we said we are going to then moon, what are we waiting for?) site.
Then no petty government shall come and shut down our exchange. If somebody picks the idea that would be great.
With Atomic Swaps and some more Anon Tech the Party will be over for govts. Exchange will be everywhere and nowhare. The problem is how to get fiat in and out without a bank. I haven't researched the problem or the proposed solutions yet. Can anybody share pointers? |
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RealMachasm
Member
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Activity: 187
Merit: 25
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January 11, 2018, 10:10:56 AM
Last edit: January 11, 2018, 10:22:10 AM by RealMachasm |
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Now that you have more time on your hands, we'd really like to hear that country song.
No sad country song. Sorry to disappoint  Retirement plan is back on schedule, now that I've pulled the trigger on the first batch. Want to get my liquidations done this quarter for tax purposes. Well hope you and your partner enjoy it. Fair play for holding right from the early days. Particularly through the bear year of 2014 (went through it myself shudder). Seems that your patience has paid off. Sadly I can’t cash out just yet as I don’t have the numbers that you are playing with! I did manage to cash a little out (about 20%) when we were at $10K and paid off a large chunk of the mortgage so feel a little more secure now. Although, I must admit, it is hard to watch BTC sliding down like this but we have seen it all before and she always comes back stronger. Cheers and good health. |
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RealMachasm
Member
Offline
Activity: 187
Merit: 25
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January 11, 2018, 10:15:25 AM |
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We need our own Bitcoin Exchange. Our legal entity must be set on a Moon (yes we said we are going to then moon, what are we waiting for?) site.
Then no petty government shall come and shut down our exchange. If somebody picks the idea that would be great.
decentralized exchange Is there any viable decentralized exchanges currently around? Something with proper trading volume... ? |
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mike4001
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January 11, 2018, 10:21:17 AM |
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1 month chart looks like a continous downtrend :-/
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LewisPirenne
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January 11, 2018, 10:27:20 AM |
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I think the problem with decentralized exchange has always been the fiat link rather than tech.
There is some hope that some crypto friendly jurisdiction will be issuing their owned pegged crypto, e.g. J-Coin with Japan, that can serve as a fiat gateway rather than sketchy scheme such as Tether. Once you have a real JPY Tether backed by sovereign, then it's a simple atomic swap or any decentralized exchange, then you can do your usual forex via USD/JPY, EUR/JPY or CNY/JPY pair.
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 11, 2018, 10:38:34 AM |
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BitcoinBunny
Legendary
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Activity: 1582
Merit: 2770
Far, Far, Far Right Thug
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January 11, 2018, 11:03:00 AM |
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MSM is ramping up the FUD at the moment. I wonder if this is an indication that we are about to double or even triple BTC's value again just like after the China FUD back in October (only took 1 1/2 months to triple).
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El duderino_
Legendary
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Activity: 2688
Merit: 13184
BTC + Crossfit, living life.
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January 11, 2018, 11:10:57 AM |
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Who HODL'd all the way down from the top?
ME check |
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Torque
Legendary
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Activity: 3724
Merit: 5313
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January 11, 2018, 11:18:12 AM |
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If day traders would all en masse pull their coins off the exchanges, this shorting by the whales would be over.
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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January 11, 2018, 11:19:21 AM |
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Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
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Starving_Marvin
Sr. Member
Offline
Activity: 511
Merit: 250
Open and Transparent Science Powered By Blockchain
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January 11, 2018, 11:28:16 AM |
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Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
No but three million Joe's do have a huge amount of cash. Never underestimate the insanity of the crowds. Just another day of panic... |
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kurious
Legendary
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Activity: 2590
Merit: 1643
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January 11, 2018, 11:31:08 AM |
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Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
Er... no one did. The amounts you are talking of are market cap, not actual sales - which have probably been WAY less - by a couple of orders of magnitude at least. |
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itod
Legendary
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Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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January 11, 2018, 11:34:49 AM |
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Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
No but three million Joe's do have a huge amount of cash. Never underestimate the insanity of the crowds. Just another day of panic... People repeat these figures about cash moving out/in just based on market cap which means absolutely nothing. We have no idea how much fiat is actually moved in/out of the exchanges, those figures are nowhere to be found. |
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BitcoinBunny
Legendary
Offline
Activity: 1582
Merit: 2770
Far, Far, Far Right Thug
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January 11, 2018, 11:47:55 AM |
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Seriously, I am posting this the 3rd or 4th time. Is nobody worried about whats going on in the market? Who cashes out 100 Billion in 3 days for the 3rd time in 3 weeks? Pump and dump 100 Billion?
I don´t believe in these stories posted here like "people cash out, buy christmas presents" etc. No average Joe has this huge amount of cash.
No but three million Joe's do have a huge amount of cash. Never underestimate the insanity of the crowds. Just another day of panic... I reckon a lot of the FUD affects the new money in crypto mostly, people who have bought in recently and indeed panic when they see their portfolio value retreat to 80-70% of what they invested as they are worried it will reduce even more. As much as crypto has taken a retreat the last few weeks (BTC value mostly, then Ripple going up, then going back down, now Eth up/down etc) it doesn't look like BTC under $10K will ever happen again. |
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