aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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January 06, 2014, 06:55:44 AM |
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as the more and more big players and funds get involved the more BTC will be sold OFFLINE and that the volume on exchanges will DECREASE overtime.
Its these little obvious facts that seem to evade people who doubt the price of bitcoin can go much higher.
Off-exchange transactions are for the most-part intended to soak up liquidity, and avoid price impact. Thus, off-exchange transactions are *less* likely to cause prices to go higher, rather than *more* likely. I don't understand your point.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 06:57:34 AM |
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as the more and more big players and funds get involved the more BTC will be sold OFFLINE and that the volume on exchanges will DECREASE overtime.
Its these little obvious facts that seem to evade people who doubt the price of bitcoin can go much higher.
Off-exchange transactions are for the most-part intended to soak up liquidity, and avoid price impact. Thus, off-exchange transactions are *less* likely to cause prices to go higher, rather than *more* likely. I don't understand your point. Because there is a very finite amount of bitcoin in the world. The more that is sitting in "vaults" of fund managers, the less that will be sold. For instance, I believe, though I have no proof, that many of the current mined bitcoin are not being sold on the exchanges. There will always be a shortage of bitcoins. As more large players collect them the less supply will be on exchanges. For instance in the rally up to $900, they were practically selling out of btc on the chinese exchange. There was almost zero ask depth at one time. I think we will see this again.
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Davyd05
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January 06, 2014, 06:59:33 AM |
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3852 pages of people telling you how to lose all your bitcoin by trading.
Well done, you got me!
To be fair, many of us did tell you all to HODL! Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough. working for me still , bought all the way from 140 -> 900 now I just hodl till I could sell 1% of the stash to cover the entire investment lols
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Richard Branson
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January 06, 2014, 07:01:16 AM |
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3852 pages of people telling you how to lose all your bitcoin by trading.
Well done, you got me!
To be fair, many of us did tell you all to HODL! Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough. It's 0% return if you don't cash out. That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out.
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hyphymikey
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January 06, 2014, 07:01:40 AM |
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3852 pages of people telling you how to lose all your bitcoin by trading.
Well done, you got me!
To be fair, many of us did tell you all to HODL! Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough. To know who to listen to is what got me.... sooo... EVERYONE LISTEN UP! HODL!I SURE WISH I WOULD HAVE! edit: don't leverage trade either, that's the worst! see you guys on the flipside
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 06, 2014, 07:02:17 AM |
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pdawg
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January 06, 2014, 07:02:29 AM |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:02:38 AM |
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3852 pages of people telling you how to lose all your bitcoin by trading.
Well done, you got me!
To be fair, many of us did tell you all to HODL! Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough. It's 0% return if you don't cash out. That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out. And this is different than any stock or commodity how?
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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January 06, 2014, 07:06:49 AM |
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Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.
It's 0% return if you don't cash out. That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out. Such diversity of viewpoints is stimulating. Mine is different from both of yours': - Holding means 0% gain in BTC. - Selling means converting BTC into fiat, which is suicidal. The only remaining alternative: - Buy more is my choice.
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medialab101
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January 06, 2014, 07:08:09 AM |
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Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.
It's 0% return if you don't cash out. That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out. Such diversity of viewpoints is stimulating. Mine is different from both of yours': - Holding means 0% gain in BTC. - Selling means converting BTC into fiat, which is suicidal. The only remaining alternative: - Buy more is my choice. Or mine...
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spooderman
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Activity: 1652
Merit: 1029
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January 06, 2014, 07:12:05 AM |
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what's gonna happen to this 4k wall at 1k on stamp?
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Loaded
Full Member
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Activity: 135
Merit: 113
whale eater
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January 06, 2014, 07:12:31 AM |
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expect.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:13:00 AM |
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what's gonna happen to this 4k wall at 1k on stamp?
It's going to be eaten.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:13:22 AM |
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expect.
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chriswilmer
Legendary
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Activity: 1008
Merit: 1000
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January 06, 2014, 07:14:47 AM |
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expect.
...the unexpected?
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Davyd05
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January 06, 2014, 07:17:39 AM |
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experiencing a little resistance, do they not know resisting the choo choo is futile.
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mb300sd
Legendary
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Activity: 1260
Merit: 1000
Drunk Posts
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January 06, 2014, 07:18:28 AM |
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expect.
THE MOON!!! ┗(°0°)┛
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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January 06, 2014, 07:18:53 AM |
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expect.
I want more expect!
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fotosonics
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January 06, 2014, 07:21:01 AM |
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O O O
Bitcoin, you never cease to awe. That is all.
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