RUEHL
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November 28, 2014, 02:06:24 PM |
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We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...). Retailers don't keep BTC, they dump to FIAT. So essentially, when you spend BTC on items you are essentially dumping it on the open exchange.
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hdbuck
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Activity: 1260
Merit: 1002
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November 28, 2014, 02:11:45 PM |
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We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...). Retailers don't keep BTC, they dump to FIAT. So essentially, when you spend BTC on items you are essentially dumping it on the open exchange. Yup +1 Hold you mofos
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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November 28, 2014, 02:19:34 PM |
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We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...). Retailers don't keep BTC, they dump to FIAT. So essentially, when you spend BTC on items you are essentially dumping it on the open exchange. Yup +1 Hold you mofos If nobody uses XBT, retailers are not going to offer the option and we will have no more user adoption. No usage, no value. So spend like a mofo and buy back instead!
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RUEHL
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November 28, 2014, 02:32:17 PM |
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Train on Bitfinex?  
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macsga
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Activity: 1484
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Strange, yet attractive.
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November 28, 2014, 02:33:31 PM |
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Train on Bitfinex?   Somebody CCMFs without us!!!! 
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NotLambchop
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November 28, 2014, 02:34:23 PM |
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Top Money Losing Strategies Of 2014#1 ... Hold you mofos
#2 ...spend like a mofo and buy back instead!
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podyx
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November 28, 2014, 02:35:27 PM |
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okcoin futures doin it's thing, too bad I got my 20x leverage m called 
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 28, 2014, 02:42:06 PM |
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* macsga grabs popcorn. Nice battle going on 
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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November 28, 2014, 02:46:16 PM |
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* macsga grabs popcorn. Nice battle going on  Somebody obviously needs discount computer gear, a lot of it.
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 28, 2014, 02:48:33 PM |
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* macsga grabs popcorn. Nice battle going on  Somebody obviously needs discount computer gear, a lot of it. Bleh, my ZX-Spectrum+ works alright, I'm good... 
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hdbuck
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Activity: 1260
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November 28, 2014, 02:52:36 PM Last edit: November 28, 2014, 03:02:50 PM by hdbuck |
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We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...). Retailers don't keep BTC, they dump to FIAT. So essentially, when you spend BTC on items you are essentially dumping it on the open exchange. Yup +1 Hold you mofos If nobody uses XBT, retailers are not going to offer the option and we will have no more user adoption. No usage, no value. So spend like a mofo and buy back instead! Its not because you dont spend btc that you dont use em..  Use It as a store of value. Hoard and reduce overall supply. Then let macro economy do its shit. Édit: otherwise you Will just get burned by trading bots and banks and miss thé next train
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ChartBuddy
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Activity: 2618
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 28, 2014, 03:01:17 PM |
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LOBSTER
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November 28, 2014, 03:02:09 PM |
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That buy walls...I'm excited what happens now!
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inca
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Activity: 1176
Merit: 1000
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November 28, 2014, 03:15:52 PM |
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Podyx, that is why only those who can trade very responsibly, or those with actual market information tend to trade successfully with leverage. It is an excellent way to lose all your funds, eventually. As the vast majority of 'traders' on this thread will find out sooner or later (if they haven't already).
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NotLambchop
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November 28, 2014, 03:24:55 PM |
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Podyx, that is why only those who can trade very responsibly, or those with actual market information tend to trade successfully with leverage. It is an excellent way to lose all your funds, eventually. As the vast majority of 'traders' on this thread will find out sooner or later (if they haven't already).
An example of responsible, well-informed Bitcoin trade from a parallel thread: ... 3 BTC for a punch in the Dick? I have a better offer, y will pay you 0.0001 for a blow job. ... The heady air of Bitcoin high finance, gentlemen.
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Wandererfromthenorth
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November 28, 2014, 03:25:07 PM |
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Podyx, that is why only those who can trade very responsibly, or those with actual market information tend to trade successfully with leverage. It is an excellent way to lose all your funds, eventually. As the vast majority of 'traders' on this thread will find out sooner or later (if they haven't already).
Naah if you know what you are doing it's not. The point is to NOT overtrade, trade only the big moves and ignore noise, the consolidations, the choppiness.
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RUEHL
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November 28, 2014, 03:29:03 PM |
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Nice price action on Bitfinex. 360
374
364 370 
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hdbuck
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November 28, 2014, 03:29:33 PM |
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Right... NeXT shorting target +3k$ 
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grosminer
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November 28, 2014, 03:33:43 PM |
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Nice price action on Bitfinex. 360
374
364 370  Lol! Saved that gif for future use thanks!
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dreamspark
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November 28, 2014, 03:34:33 PM |
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I've also noticed that its the west that has been instigating more of the price action than usual. Big increase in volume in this bounce as well.
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