JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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August 14, 2014, 11:55:22 PM |
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ouch @adam
never go all in!
These drops are so much more "bear"able (lol) if you always have a little fiat on the sidelines.
How much is a little and how do you know how long to wait? I have some fiat.. but i am running out for about 10 days or so... but the market will NOT wait 10 days... so I only have a small amount left... but I do NOT know when to put it in.. I am thinking possibly $485-ish..
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fonzie
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August 14, 2014, 11:56:22 PM |
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Nice buys @ Huobi ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F3.bp.blogspot.com%2F-cl6L3Z3wGJg%2FUoZk032S88I%2FAAAAAAAADbU%2FIiOuqSoJYf8%2Fs320%2Fangry%252Bchinese%252Bbaby.jpg&t=665&c=w_kKV0tV7ouV4g)
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Schickeria
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August 14, 2014, 11:59:15 PM |
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I question whether it would be o.k....
What does this ok mean exactly? Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context. Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful. If I misunderstood you, then let me know, and we can start over.. Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-) I did not understand the meaning of your statement, so I would be very pleased if you could deepen it. I am just of the thinking that it could be difficult for BTC in the long term to recover from extended periods of downward price manipulation - b/c such sustained downward manipulation could cause too much exodus from the bitcoin space or even the marginalizing of bitcoin technology b/c of exiting and marginalizing of necessary bitcoin developments that are inspired by profit potential and potential for NOT taking seriously bitcoin... or even the investment into competitors that end up being worse than bitcoin. I could be wrong; however, b/c it is possible that even bitcoin could recover from such extensive downward price manipulation so long as behind the scenes developments are still taking place. NONETHELESS, I am continuing to think that too low and too long manipulation of a price could be problematic for bitcoin. Also, by the way, I am NOT the only person to have made such a claim, so it is NOT like I am being innovative in my concern about prolong and extend downward BTC price manipulation. I don't think it's manipulation, to me it looks like normal market development, even I don't think that a fall in price to the area of 300 or high 200 would effect the future of Bitcoin in a dangerous manner. It is what it is: a very young and volatile market. Of course there is a very blurry border where trust is broken so hard, that it would be become a threat to the whole system. But I would point this trust-at-all-destroying levels a lot lower (same like you - this no objective statement - only a personal estimate) I'm too tired now for a deeper argumentation (if there is any, as it's very speculative) - so thank you for deepening and sharing your thoughts.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 14, 2014, 11:59:38 PM |
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empowering
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August 15, 2014, 12:06:13 AM |
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One of the titans must fall this year: ebay, facebook, amazon, google.
I hope it's this year. If it's not, it's next year, unless it's not.
facebook and google do not really offer much in the way of services to common people, at least not one where you'd need to make a transaction. amazon has shown little interest in accepting bitcoin, and ebay would be competing against itself (paypal). e-bay CEO has as much said they are introducing BTC and new payment "wallets" Meanwhile back at the ranch ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Flh3.ggpht.com%2FiwebPyNu9wsmbsXxy_nc3r0xltzQ5IrPIDoRiobwHnEW-Vj9tDX0W1Awn2BzeEtBQFTzIW5qYD9P177PpfpFyKqt32zKfCJhwbxtVOWB&t=665&c=uRrgD0oBCIVvTw) haven't they been saying that since early in the year? yet nothing has happened. Yes they have ... and no they have not ... _ _ _ ...YET
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ssmc2
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August 15, 2014, 12:11:54 AM |
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Chinaman bull trap?
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fonzie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 15, 2014, 12:18:14 AM |
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Chinaman bull trap?
![](https://ip.bitcointalk.org/?u=http%3A%2F%2F37.media.tumblr.com%2Ftumblr_l5dd2vJXsP1qzvssso1_500.png&t=665&c=ldOopy4fYPj9bg) Not sure which party(bears or bulls) he is going to fuck up, in the end one of them will feel betrayed, as always . ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Personally i think we´re overdue for some upwards action.
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empowering
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August 15, 2014, 12:20:50 AM |
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derpinheimer
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August 15, 2014, 12:23:22 AM |
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I̠̤̖̖̪̝̬̭̤͓̦̰̟̭̳ͯ̏ͭ̔̏̏ͭͮ̆͂ ̻̞͖̭͖͚͎ͣ̔̽ͥ̃a̗̬̼̤̠͉̝̒̏̓̓̂ͥ͒̍͗͛ͦͯͥm͉̱̪̱̩̲̮̰͚͇̖̼̞͖̯̭̖ͪ̓͒̇̀͋̽̚ ͚̙͚̫̮̮̰͔̲̜̪̼̘̰͛͋̈́ͭͨ̔̓ͯ̄ͦM̯͈̫̪̆ͨ̅ͨ̈̈͆͆̎͐̇ͅr̝̭͚̹̙̦̬ͮ̉ͪ͑͗̈́ͤ̈̆̆̅ͫͤ̓̄ͅ.͉͖̹̥̟̱̝̩̺̹̠͕͖͕͈̻̇̍̒ͭ͂̑̄͑̍̈́̄̆̅ͅ ̼͕̪̝̟̻̬̼̼̙̲͇ͮ̓̏ͭ̓̆̈́̊ͤW͎͇̺̮͖̬͈̜͕̲̱̫͙͇̐̄ͤ͌͛͛u͈͈̤͇̦͕͙̰͓̮͕̟̜͈̺͔̒ͨ̓ͮ̓͒͗̑͊̾ͨ͊̆̃.̺͕̪̗̣̄̄̾͆̈̄̄̾́ͥ̐̑ͅ ͓͔̻̠̠̙̖͍̲͔̜̟̬̓̐͂ͦͬ̄ ̻̗̰͉̻͉͖̹̘̝͎̱̙̮́ͥͪ̓̓̃͗̀̓͆͊͂͋ͅI͉͚̪̤͙͚̺̹̗͉̣̦̠̬̻̓̏̋̾ͦ̄͂̅̾ͤ̉͋ͧͅ ̝͖̳̿̽͆̆ͪ͗ͦ͐ͅw̰̤̰̘͉̩̙̯͙̤͚̮̒̆̍͑̆͑ͭͯ̏̽̿ͬ̅̅ͭ͑̽ͬͯị͓͔͚͍̘͎͉̬̠͚̦͍͎̬ͩ̽ͭͣͨ̓̋͗ͮͤ̋̐ͮ͒ͅͅl̲͙̫͖̜͉̣̥̞͈̫͓̤̣̩͉̭ͩ̿̾͌̐͋̎̑͛̃̋̈́l̯͉̘͚͓̼̳̦̝͕ͯͥ̂̎́̆̾ͥͤͅ ̘͉̺̦̘͙̦̤̰̼͈̌͗̉̍ͫf͈͓̥̪̼̱̟̹̫̘̦͓̟͚͍ͪ͑̓̌ͥ̑̉ͦͥ̍̌̚ṳ̜̳̖̱̣͍̣̥̥͕ͭͭ̀̓ͬ̌̑̄̿̐̇̉ͫͪͦ̇̆̏͌ͅͅc̤̻̮̯̠͕̹͍̮͖̯̞̮̫̜̫̅̈̽ͮ͋̇ͦ̀̇̀ͥ̄͐ͯͅk̜̱̬͇̠͎̺͕̞ͩͩ͑͐͋̉̚ͅ ̰̩͇̠̹̗̣̟̳ͧ̉ͭ̀ͪ̓̓̊̈̃͋͂̈́ͬ͒̄̂́͆y͈͈̱̬̯͖̺̦̠̗̙̹̹̳͉̣͙̻̣̒̒ͮ͌̍̔o̻̻̠̭̗͔͔̪̹̖̬͎̹̪̐͊̐͌͛͑̅ͯ̔̄ͥ̓ͣ̓u̖̮̟̱̻̩̰͍̭͕̤̗͎͐̿̑ͫͩ͂̃͌̓͋̄̀̍̋͆ ̩͎̻̮͚̻̻̮̥̹̺̍̉̂̽ ̥̞͕͈͖̖͙̥͚ͨ̇̿͑ͯͧͫt͖͙̗̰̱͎͚͉͎̯̍͊̔̂͗̐̌ẖ̩̰̪͚͖̫͎͚͔̘͆̽ͩͮ̓ͭ́͗̔̍ͮͯ͌̓ͭ̒e͙̜̘͙͈̫̩͍̬̓͐̽ͨ̎̽̊̿̈́̇ͦ̚ͅ ͇̺͍̰̄̋̾͂ͤ̓͗̽̐ͫ̾͒͒h̜̞̲͉̫̻ͦ͂̈́̀̊̓͂̋ẹ͖̻̤̺̳̟̳̻̹́ͯͫ̽͛͐̔ͫͪ͆̍͂̒̈́ͅl̜̠̲͇̻͖̝̙͍̰̺̰̗̬̦͉͛͐ͯ̑̓ͦ͗̈̑l̮̞͖͈̼̲͚̏ͭͮ̊ͪ̈́͗̚ ̬̫̻̦͇ͭ̌̍̽̅̆ͣ̉ͭ̅͒̃̄u̖̬̲̥̹̖̭͋ͣ͊̌ͅp̹̞̮̣͓̜͇͓̀̍̒̏̍̃ͤ̇̏́̇ͦ̀̐̃̏̈̉ͥ ͉̼̪̙̪͇̬̣̗̜̰̙̞̆̂͒̿͗ͪ͒̇̀ͩͮ̄á͍͇̻̻̱͍̭̜̯͎̺͖̰̙͕͓̐̇ͮ̑̉̚n͓̫͉̠͕͈̐̄ͥͮ́ͪ̇̑̎ͪ̎d̦̙̩͈̰͂ͩ̀̾ͨ̓ͭ̂ͮ ̙͍̥̳̺̺̝̬͎̰̲͉͇͍͋͌͛̿̍̏̌ͥͦ̓ ͈̤̫̤̰͉̹͇̯̫̤̟̺̠̪̦̰̋̇̾ͤ͗ͪ͛̔̎f̮͙̘̙̞̺͇̘̠̝̰̞̍̓ͤe̹̭̻̘̬̥̘̾̔ͬ̈͊ͤẹ̞̥̻̠̞̰̠̤̰̻̱̃̌̂ͭͅd̗̥̬̞̘̤̳͙̫ͫ̓̾͌͋̉̑̂͌̒̑͌́ ̹̜̦͙̪͖̣̻͚̭͓̤̗̰̭͚̔͑̾́̊̋ͥ͛̈́ͦ̽̀̊̓ỷ̦͎̱̳͉̟͌̿ͤ̒͊̂̍͗̊͒̈ͣ̎̐͑͂o̯͖̱̩͇͈̻̮̙̱̺̎͌ͥ̎ͥ̑͑̇ͥ̃͌̓ͦ̐ͩ̾̄̎u̹̣̻͓̻̼͈̫̫͈͇͙͇̖̮̒̂ͥ̌̌̏͒͑ͮ͂ ͖̝̩̯͔̰̰̬̮̘̖̫̽̐̄̃̾̏ͩ͋̊ͥ̒ͥ̅̏ͯͭ̆ť͕̣̝̼͈̳̜̣̻̖̬̺̯͖̤͇̗̊ͬ̆͂ͫ̌̂̽̍̐ͬͧ͊ͯ̊͊ͧo͚͔͓͎̯̭̥̯̹͕̦̻̯̰̦ͫ̓̄ͦͭ̍͆͌̉̒ ͖̖͇̩̲͔͎̹̰͉̋͊̃̽ͬt̙̭͈͕̋̏̈́͊̅ͧh̻̺͔̩̻̼͂̃̾̊ͮe̩̙̟͕̝̟͇͈̤͎̞͈̹͎̗͙̝̞ͪ̂͒̓̈̀ͧ͌̾ͬ̊ͩ͗̿ͮ ͍̟̥̘̼̲́̉̈́ͩ͂̿̀̍͆̇̎͒̆̚p̥̪͇̫̥̝̘̼͕̟̞̭ͯͭ̍́͒͌͂̎͌ͬ̎ͤͬͮ̚̚ͅị̘̙͚̼͍̭͕̰̞̤ͬ̋ͥͩ͊ͭ̀̿͋̓̅̑̇̓̏ͭ͊ͅͅḡ̱̤̲̯͗̈̆̊͐̃͗̔͊ͯ͐͑s͚̮̲͇̩̹͚̤̹̺͕̉̄̇͋͑̐ͤ͗͂.̘͓̝͚͈́͆ͯ̊ͯ̎ͣ̃͋̿ͫͭ̚
What?
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Brewins
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August 15, 2014, 12:26:16 AM |
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China waking up, down we going again.
Where will we stop in the next 12 hours? 490 again? 470? Even lower?
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Schickeria
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August 15, 2014, 12:26:20 AM |
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Chinaman bull trap?
I call ~3400 tomorrow. After this sidewards (consolidation). Let's see if I can become a guru ;-)
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Dotto
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No maps for these territories
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August 15, 2014, 12:26:37 AM |
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A suggestion for the poll: Was 494 the bottom?
I would say that Amazon would love to enable BTC, but TPTB doesn´t let this happen.
I would say also that if Ebay doesn´t accept BTC they can be shooting his foot, because others (OpenBazaar) are working on that and will offer better prices for that same reason.
Google and FB are not relevant (at least at this moment)
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justusranvier
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August 15, 2014, 12:31:03 AM |
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Let's see if I can become a guru ;-) Easily done. Create a bunch of sock puppet accounts. Have each one make 10 random predictions. Throw away the ones whose random predictions are wrong, and keep the ones whose random predictions are right. At the end you'll have a group of suckers hanging on the every word of the sockpuppet that accidentally got lucky several times in a row. Guru status achieved.
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Schickeria
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August 15, 2014, 12:33:43 AM |
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Let's see if I can become a guru ;-) Easily done. Create a bunch of sock puppet accounts. Have each one make 10 random predictions. Throw away the ones whose random predictions are wrong, and keep the ones whose random predictions are right. At the end you'll have a group of suckers hanging on the every word of the sockpuppet that accidentally got lucky several times in a row. Guru status achieved. I don't like cheating ;-) Therefore quite likely I'll never become a guru.
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Dotto
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No maps for these territories
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August 15, 2014, 12:34:10 AM |
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Not a bad article, http://cointelegraph.com/news/112259/op-ed-is-bitcoin-ready-for-the-major-leaguesInteresting part: A Death by Trading
One of the primary causes for price instability in commodities is the amount of trading and speculation that goes on. Particular groups try to corner certain markets by buying a great deal of the commodity, thereby driving up the price that consumers pay at the market. There is no real reason why Bitcoin cannot fall into the same trap as we get closer to the last mined coin. The above examples of people trying to corner the market are extreme examples. But even regular trading has a sometimes horrid effect on commodities as is evidenced by speculation in the energy industry.
The only way to prevent this from happening is to keep Bitcoin as decentralized as possible and as much of the currency as possible out of the exchanges and in the economy. Money on the trading floor enriches only the traders and owners of the commodity, not the end-consumers or people who buy the final product. Meanwhile, money that continually flows through the economy keeps it healthy and liquid.Not like day/week traders care, but they are partly responsible for killing or slowing down BTC's success. To everyone else, spend your coins when you have the option. If you don't want to lose your amount of BTC, buy back the same amount which you'd otherwise spend in fiat.Do this until it's not necessary anymore because you get your 'paycheck' in BTC. As for speculating, the price will rise. You are delusional if you don't see the rapid increase in adoption from serious companies. The bolded part is a nice strategy for getting better prices and stimulate the growing of BTC, do it whatever you can
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adamstgBit
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Trusted Bitcoiner
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August 15, 2014, 12:43:45 AM |
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Let's see if I can become a guru ;-) let see if i still lost it ( i had it for a little while ... ) price will be >= 550 when i wake up. (in ~12hours)
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kodtycoon
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August 15, 2014, 12:45:05 AM |
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voted yes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sandia
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August 15, 2014, 12:55:47 AM |
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I really think we are going back to 450 or 460 again, probably an orchestrated runs at the longs that reopened today, but with a big bounce following. Yes, I have my money where my mouth is: I have orders from 340 to 490.
I hope to wake up with all orders filled and back to 550. It won't happen, but I would smile (A LOT).
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Torque
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August 15, 2014, 12:56:34 AM |
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I question whether it would be o.k....
What does this ok mean exactly? Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context. Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful. If I misunderstood you, then let me know, and we can start over.. Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-) I did not understand the meaning of your statement, so I would be very pleased if you could deepen it. I am just of the thinking that it could be difficult for BTC in the long term to recover from extended periods of downward price manipulation - b/c such sustained downward manipulation could cause too much exodus from the bitcoin space or even the marginalizing of bitcoin technology b/c of exiting and marginalizing of necessary bitcoin developments that are inspired by profit potential and potential for NOT taking seriously bitcoin... or even the investment into competitors that end up being worse than bitcoin. I could be wrong; however, b/c it is possible that even bitcoin could recover from such extensive downward price manipulation so long as behind the scenes developments are still taking place. NONETHELESS, I am continuing to think that too low and too long manipulation of a price could be problematic for bitcoin. Also, by the way, I am NOT the only person to have made such a claim, so it is NOT like I am being innovative in my concern about prolong and extend downward BTC price manipulation. Agreed. I think that it's very fair to say, that the 2011 bubble/crash from $30 to $2 set bitcoin's progress back by 18 months. People had lost total confidence in the market. In the same way, if we saw bitcoin bubble/crash from $1200 all the way back down to $200-300 nearly 8-9 months later, and end 2014 much lower than the ATH, that would probably set bitcoin's progress back again by another 18-24 months.
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