JimboToronto
Legendary
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Activity: 4494
Merit: 5813
You're never too old to think young.
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August 13, 2014, 02:04:58 PM |
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Ho Hum. Same old same old.  Pretty boring for the last half year. |
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conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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August 13, 2014, 02:06:19 PM |
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I have the feeling that the Mainland Chinese exchanges are winding down. Just a feeling, no concrete news.
Interesting. I've just seen on zerohedge that their shadow banking is folding, so maybe there are deep pockets in liquidation mode for reasons unrelated to BTC there. |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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August 13, 2014, 02:07:53 PM |
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I asked several times what could have convinced some traders to buy in spurts and take the price from 450$ to 630$. General answer was "who cares" momentum. ... If so, perhaps they now have been disappointed and are just selling back what they bought. But, who cares? momentum.
YW  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 13, 2014, 02:09:20 PM |
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wow not the best sight to wake up to... such crash!
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magicmexican
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August 13, 2014, 02:09:26 PM |
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Can we get a forum option of auto-ignoring people with <10 posts? That would be sweet
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wonkytonky
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August 13, 2014, 02:10:26 PM |
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Can we get a forum option of auto-ignoring people with <10 posts? That would be sweet
+1 |
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JimboToronto
Legendary
Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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August 13, 2014, 02:12:09 PM |
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mooncake
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August 13, 2014, 02:13:41 PM |
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Do people use Bitpay/Coinbase for online gambling? Do people use them, instead of the exchanges, to turn bitcoins into dollars? (Just register with them as a merchant and but a Nothing from yourself in BTC, have it delivered as dollars?)
I don't really get your question. BitPay/Coinbase for online gambling? Do you know what they do? In exchange, you can buy or sell. In payment processing, you can only sell. If you have a lot of money, you can buy as well. |
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Moria843
Sr. Member
Offline
Activity: 442
Merit: 250
Found Lost beach - quiet now
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August 13, 2014, 02:17:09 PM |
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the most fucked up at the moment are miners, an investor or a trader can close his position to cut his loses anytime, but miner will be stuck with a non profitable hardware that cant sell, above all of that he has to pay for mining costs (power, internet, maintenance, rent....)
Not true, depends where you are in the cycle. My miners have paid themselves off and continue mining at a cost of $190/BTC. So how am I "most fucked"? Sometimes it helps if you know what you're talking about. You obviously don't! |
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seljo
Legendary
Offline
Activity: 1179
Merit: 1014
Hodling since 2011.®
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August 13, 2014, 02:17:19 PM |
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+1337 Also moderate this thread so noone with less than 8 hours logged in can post. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 13, 2014, 02:20:07 PM |
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oh cool i woke up just in time for the bounce
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JorgeStolfi
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August 13, 2014, 02:20:29 PM |
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BitPay/Coinbase for online gambling? Do you know what they do?
Sorry, I don't gamble so I don't know how online gambling sites work. You mean that they only take bitcoins, is that correct? |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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August 13, 2014, 02:20:38 PM |
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the most fucked up at the moment are miners, an investor or a trader can close his position to cut his loses anytime, but miner will be stuck with a non profitable hardware that cant sell, above all of that he has to pay for mining costs (power, internet, maintenance, rent....)
Not true, depends where you are in the cycle. My miners have paid themselves off and continue mining at a cost of $190/BTC. So how am I "most fucked"? Sometimes it helps if you know what you're talking about. You obviously don't! what miners do you have ? and how did they pay off ( in term of BTC or $) ? |
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Dalmar
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August 13, 2014, 02:24:50 PM |
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The plunge protection team has arrived.
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mooncake
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August 13, 2014, 02:27:07 PM |
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BitPay/Coinbase for online gambling? Do you know what they do?
Sorry, I don't gamble so I don't know how online gambling sites work. You mean that they only take bitcoins, is that correct? Google BitPay and Coinbase then.  |
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JimboToronto
Legendary
Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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August 13, 2014, 02:27:16 PM |
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moderate this thread so noone with less than 8 hours logged in can post.
But, but... So much can happen in 8 whole hours. Why, just yesterday Bitcoin was a thriving protocol with a rosy future. Today it's officially done, failed, kaput, on its way to oblivion.  |
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niktitan132
Legendary
Offline
Activity: 1036
Merit: 1000
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August 13, 2014, 02:27:33 PM |
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+1337 Also moderate this thread so noone with less than 8 hours logged in can post. +1 Awesome suggestion! We need this. |
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BBmodBB
Full Member
Offline
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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August 13, 2014, 02:27:40 PM |
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oh cool i woke up just in time for the bounce
dude you didn't get the message? ...head for the hills :\ |
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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August 13, 2014, 02:28:13 PM |
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BitPay/Coinbase for online gambling? Do you know what they do?
Sorry, I don't gamble so I don't know how online gambling sites work. You mean that they only take bitcoins, is that correct? Where is the facepalm icon? I swear I've seen one around somewhere. |
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Poll
