Richy_T
Legendary
 Online
Activity: 2450
Merit: 2128
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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August 21, 2014, 07:23:49 PM |
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I heard they already had over 2 Million $ debts they have to pay. For lawyer marketing and so on.
So I guess they really need the money, it's not an investment for them. They need this money to keep everything running for now.
Aeron chairs and foosball tables don't come cheap. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 21, 2014, 07:26:57 PM |
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all it cost to get bitcoin turning was a pizza.
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Richy_T
Legendary
Online
Activity: 2450
Merit: 2128
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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August 21, 2014, 07:30:36 PM |
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I was surprised at the Bticoin conference to hear how big a staff Ethereum had already. I know they have backers but it seemed like they were getting ahead of themselves to me. Even if they have something worthwhile, it seems like they've left themselves a slim margin for error.
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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August 21, 2014, 07:37:22 PM |
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monkey happy. some turbulences here and there but nothing to be scared of really.  CCMF! |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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August 21, 2014, 07:38:45 PM |
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Posted this this morning but got no response, anyone? Any comment here on the suddenly high volume on BTCChina? During the last uptrend (450$-680$) BTCChina's volume was around 5k daily, while now during the last days down and the bounce, daily volume is around 30-35k. While bitstamps volume remained the same.
Some one here implied that coinbase was now buying from BTCChina instead of Bitstamp, maybe they made this switch to implement Litecoin soon? Don't forget litecoin's founder is working at Coinbase.
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bigasic
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August 21, 2014, 07:40:19 PM |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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August 21, 2014, 07:41:39 PM |
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Aeron chairs and foosball tables don't come cheap.
all it cost to get bitcoin turning was a pizza.
So funny  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 21, 2014, 07:42:34 PM |
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Any comment here on the suddenly high volume on BTCChina? During the last uptrend (450$-680$) BTCChina's volume was around 5k daily, while now during the last days down and the bounce, daily volume is around 30-35k. While bitstamps volume remained the same.
Some one here implied that coinbase was now buying from BTCChina instead of Bitstamp, maybe they made this switch to implement Litecoin soon? Don't forget litecoin's founder is working at Coinbase.
seems like a good theory. |
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JayJuanGee
Legendary
Online
Activity: 3724
Merit: 10303
Self-Custody is a right. Say no to"Non-custodial"
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August 21, 2014, 07:45:44 PM |
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The same could be said about the most aggressive of bulls during a price decline and subsequent flash crash, no? Same denial, same greed, just applied in the opposite direction. You frequently come out with these equivalency arguments, which are largely overstated. Bears and bulls are NOT the same (opposites). Even though there may be some truth to your assertions of equivalency, that seems to be much too simplistic of the difference description. |
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Sandia
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August 21, 2014, 07:47:12 PM |
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Adam was confused yesterday.
I am confused today. I am thinking 40% chance of up, 30% chance of down, 30% chance sideways. Or maybe the other way around.
I am at zero leverage, with no idea how to trade for the next 24 hours. Anymore monkeys out there with sage advice?
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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August 21, 2014, 07:49:31 PM |
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Adam was confused yesterday.
I am confused today. I am thinking 40% chance of up, 30% chance of down, 30% chance sideways. Or maybe the other way around.
I am at zero leverage, with no idea how to trade for the next 24 hours. Anymore monkeys out there with sage advice?
If in doubt, sit it out. |
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Wandererfromthenorth
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August 21, 2014, 07:54:02 PM
Last edit: August 21, 2014, 08:06:04 PM by Wandererfromthenorth |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
Don't. Buying the presale is not investing in ethereum, is not buying an IPO. Is just giving the developers free money. In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase. The project will be finished (if ever) in months. It's gonna suck you BTC away. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 21, 2014, 07:55:27 PM |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
i can sell you some for 10% lower than current rate. |
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ChartBuddy
Legendary
Online
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 21, 2014, 07:59:32 PM |
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thewayshegoes
Newbie
Offline
Activity: 44
Merit: 0
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August 21, 2014, 08:04:20 PM |
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Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?
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Wandererfromthenorth
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August 21, 2014, 08:06:12 PM |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
Don't. Buying the presale is not investing in ethereum, is not buying an IPO. Is just giving the developers free money. In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase. You are basically funding them. And for now they definitely don't need more. The project will be finished (if ever) in months. It's gonna suck you BTC away. |
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Wandererfromthenorth
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August 21, 2014, 08:07:24 PM |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
i can sell you some for 10% lower than current rate.  |
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Painful Truth
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August 21, 2014, 08:08:08 PM |
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Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?
Yes. Another 45 days. + 45 days of implementation. So no ETF this year. Maybe sometime late winter the earliest. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 21, 2014, 08:08:21 PM |
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I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
Don't. Buying the presale is not investing in ethereum, is not buying an IPO. Is just giving the developers free money. In the presale terms and conditions it clearly says that they have no obligation to even finish the project since they are in alpha phase. You are basically funding them. And for now they definitely don't need more. The project will be finished (if ever) in months. It's gonna suck you BTC away. ya they don't need anymore BTCs, buy from me 10% off, you get an encrypted file. |
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