BitAddict
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November 01, 2014, 12:14:39 AM |
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And if I remember correctly FBI still has around 100k from Ross, right? At this pace we are going to need a QE directly into bitcoin to pump the price.
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Wary
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November 01, 2014, 12:32:41 AM Last edit: November 01, 2014, 12:50:04 AM by Wary |
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oda.krell
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Activity: 1470
Merit: 1007
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November 01, 2014, 12:51:29 AM |
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^
Jup. Turns out you're right.
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Davyd05
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November 01, 2014, 12:57:53 AM |
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If it leads to more people creating a larger p2p pool I'd be ok with this trend. mind you I dont know the whole stability/vulnerabilities of a p2p pools. BTC Guild Shutting Down Likely Being SoldEarlier today, a news post was made identifying that BTC Guild would be shutting down on January 31, 2015. This post is still available in its entirety on the Bitcointalk forum ( https://bitcointalk.org/index.php?topic=49417.msg9395478#msg9395478). Just hours after making this post, multiple parties have expressed strong interest in purchasing BTC Guild and keeping it running. As a result, the previously announced timeline for closure of operations has been cancelled, and the site will likely continue without interruption.
This was just updated on the BTC Guild website after it was clear that it is almost certain that BTC Guild will not be shutting its doors. While I may be ending my watch over the pool in the coming months, it will continue. from https://bitcointalk.org/index.php?topic=49417.msg9397724#msg9397724
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 01, 2014, 01:00:30 AM |
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JorgeStolfi
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November 01, 2014, 01:01:33 AM |
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number of transactions just hit an all time high, first time we have been above last Decembers bubble peak....only this time is has got there from steady growth. Number of wallets used daily has been at an all time high for some time.....bitcoin continues to grow slowly and steadily.
But the total daily value of those transactions, in USD, has been pretty much the same since April, and is ~30% less than it was in Jan--Feb: Estimated USD Transaction VolumeBut, anyway, we STILL do not know how much of that traffic is "fake" (between addressed that belong to te same person; e.g. hotwallet/coldwallet flow, tumbling, deposit/withdrawal at exchanges, gambling sites and other "bitcoin banks"...)
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JayJuanGee
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Activity: 3878
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Self-Custody is a right. Say no to"Non-custodial"
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November 01, 2014, 01:08:12 AM |
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It's gonna bounce extremely hard when we find our low, till then expect crashes to continue. A week or little more if it continues like this btc will be below 200. I guess the first miners are switching off now.
So you are predicting a 40% drop in the next week or so, after a 70% decline from the ATH? Good luck! Yeah... Seems pretty unlikely to go below $200... and even seems like it would be increasingly difficult to go below $320 or $300 or $275 or $266..... Never say never in bitcoinlandia, but I am thinking that $320 is about as low as we go this time around... going below $300, $275 or $266 would be increased levels of improbabilities... even though NOT impossible... fairly improbable.
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JayJuanGee
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Activity: 3878
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Self-Custody is a right. Say no to"Non-custodial"
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November 01, 2014, 01:14:24 AM |
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Steady, she goes. This is gonna end up fucking nasty if we don't see any upside soon Podyx: I noticed that several of your recent posts have turned very doomy and gloomy. Have you converted into a full-fledged bear or are you just talking your book? A couple of months ago you were talking about leveraging your total life savings to buy into BTC if prices were to drop, and NOW, you are talking doom and gloom.
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fonzie
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November 01, 2014, 01:15:11 AM |
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It's gonna bounce extremely hard when we find our low, till then expect crashes to continue. A week or little more if it continues like this btc will be below 200. I guess the first miners are switching off now.
So you are predicting a 40% drop in the next week or so, after a 70% decline from the ATH? Good luck! Yeah... Seems pretty unlikely to go below $200... and even seems like it would be increasingly difficult to go below $320 or $300 or $275 or $266..... Never say never in bitcoinlandia, but I am thinking that $320 is about as low as we go this time around... going below $300, $275 or $266 would be increased levels of improbabilities... even though NOT impossible... fairly improbable. TL;DR
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Kupsi
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Activity: 1193
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9.9.2012: I predict that single digits... <- FAIL
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November 01, 2014, 01:36:13 AM |
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Are coins going into cold storage now instead of out of? If so, the price should start to climb soon. (8 weeks average chart)
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 01, 2014, 02:00:31 AM |
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Room101
Sr. Member
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Activity: 541
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Rules not Rulers
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November 01, 2014, 02:23:48 AM |
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number of transactions just hit an all time high, first time we have been above last Decembers bubble peak....only this time is has got there from steady growth. Number of wallets used daily has been at an all time high for some time.....bitcoin continues to grow slowly and steadily.
But the total daily value of those transactions, in USD, has been pretty much the same since April, and is ~30% less than it was in Jan--Feb: Estimated USD Transaction VolumeBut, anyway, we STILL do not know how much of that traffic is "fake" (between addressed that belong to te same person; e.g. hotwallet/coldwallet flow, tumbling, deposit/withdrawal at exchanges, gambling sites and other "bitcoin banks"...) UDS volume is up around 300% since last year may-december though, which ties in nicely with the price, and the steady growth in transactions means it's very unlikely to be fake.
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KFR
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November 01, 2014, 02:26:47 AM |
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Huobi having fun with itself again.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 01, 2014, 03:00:31 AM |
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ChartBuddy
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Activity: 2338
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November 01, 2014, 04:00:31 AM |
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ChartBuddy
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Activity: 2338
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November 01, 2014, 05:00:30 AM |
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Adrian-x
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November 01, 2014, 05:01:14 AM |
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It's shutting down (being sold) because the owner sees the risk of continuation as higher than winding up. Apart from a fiew legitimate subpoena there has been no overwhelming government interventions (still NY licence is a threat) Still never been hacked but with bugs like heart bleed and bash the risk of being hacked can be stressful. And the competition from big mining oppressions paints a shrinking business opportunity. One where you can't recover from a hacking. The owner has contributed positively to Bitcoin and is held in high regard.
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 01, 2014, 06:00:31 AM |
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 01, 2014, 07:00:31 AM |
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