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MatTheCat
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February 05, 2014, 02:04:03 AM |
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I am the original poster of this thread. Take a look at the chart which I posted at the start of the thread. Since then BTC has gone jack is what I meant to say...
No one is asking you to listen to me...hold on to your precious as you see fit...
Yup. Thread started on 13th Jan. Bitcoin price $830 - $845 (Bitstamp). Bitcoin has never been valued so highly since that date and has nose dived significantly lower on a few occasions. Good call! |
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billyjoeallen
Legendary
 Offline
Activity: 1106
Merit: 1007
Hide your women
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February 05, 2014, 02:19:20 AM |
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I was always bearish mate...MACD never turned positive if you look at the chart which I have posted at the beginning and now...
Always?? You must've lost an ass-load on money by now. Either you've been wrong for years in which case I shouldn't listen to you or you haven't been around long, in which case I shouldn't listen to you. Which is it, Mate? I am the original poster of this thread. Take a look at the chart which I posted at the start of the thread. Since then BTC has gone jack is what I meant to say... No one is asking you to listen to me...hold on to your precious as you see fit... If Bitcoin isn't doing jack, then it's doing exactly what it's supposed to do. It was designed as a medium of exchange. it's more useful when it's stable. If it's more useful, it becomes more valuable. if it's more valuable, it becomes more expensive. Then the price rises again until we take some profits and make it useful again. Haven't heard you say anything substantively or qualitatively different than any other bear for the last three years. If yer gonna be wrong, at least be original. |
insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s
1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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DustyRah (OP)
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February 05, 2014, 02:45:09 AM |
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I was always bearish mate...MACD never turned positive if you look at the chart which I have posted at the beginning and now...
Always?? You must've lost an ass-load on money by now. Either you've been wrong for years in which case I shouldn't listen to you or you haven't been around long, in which case I shouldn't listen to you. Which is it, Mate? I am the original poster of this thread. Take a look at the chart which I posted at the start of the thread. Since then BTC has gone jack is what I meant to say... No one is asking you to listen to me...hold on to your precious as you see fit... If Bitcoin isn't doing jack, then it's doing exactly what it's supposed to do. It was designed as a medium of exchange. it's more useful when it's stable. If it's more useful, it becomes more valuable. if it's more valuable, it becomes more expensive. Then the price rises again until we take some profits and make it useful again. Haven't heard you say anything substantively or qualitatively different than any other bear for the last three years. If yer gonna be wrong, at least be original. I am just saying that as per the chart its heading down...and if you know the charts then that's cool, but there are a lot of people who don't so no harm in letting them learn. I am not in any way saying that BTC is all dead and over or some doomsday has arrived. And yes its certainly good news if it is more stable but volume is too low to make a call on that as of yet. There were people wanting me to post when its time buy and now is not the time yet. |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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February 05, 2014, 02:52:13 AM |
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I was always bearish mate...MACD never turned positive if you look at the chart which I have posted at the beginning and now...
Always?? You must've lost an ass-load on money by now. Either you've been wrong for years in which case I shouldn't listen to you or you haven't been around long, in which case I shouldn't listen to you. Which is it, Mate? I am the original poster of this thread. Take a look at the chart which I posted at the start of the thread. Since then BTC has gone jack is what I meant to say... No one is asking you to listen to me...hold on to your precious as you see fit... If Bitcoin isn't doing jack, then it's doing exactly what it's supposed to do. It was designed as a medium of exchange. it's more useful when it's stable. If it's more useful, it becomes more valuable. if it's more valuable, it becomes more expensive. Then the price rises again until we take some profits and make it useful again. Haven't heard you say anything substantively or qualitatively different than any other bear for the last three years. If yer gonna be wrong, at least be original. I am just saying that as per the chart its heading down...and if you know the charts then that's cool, but there are a lot of people who don't so no harm in letting them learn. I am not in any way saying that BTC is all dead and over or some doomsday has arrived. And yes its certainly good news if it is more stable but volume is too low to make a call on that as of yet. There were people wanting me to post when its time buy and now is not the time yet. None of that justifies 'dump now while you still can'...... in fact thats a great contrary indicator when the market is going down.... |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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February 05, 2014, 03:03:09 AM |
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Again? Come on people, I have some fiat that started to stink waiting for your dumps  |
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FierceRadish
Member
Offline
Activity: 84
Merit: 10
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February 05, 2014, 08:49:43 AM |
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I only look at cash. I see no other use for localbitcoins. If I were interested in wires/transfers showing up in a bank account, I'd cash out from the exchanges.
I don't know if you are in UK or not, but for UK Bitcoiners, the 'local' exchange means Bitstamp, which deals in Euro and USD transactions. For most UK punters, there will be 3%-4% bank transfer/money changing transfers to deal with at both ends, going in and coming out. This is where LocalBitcoins comes into it's own for privacy insensitive Bitcoiners. I'm in the UK and a SEPA transfer costs a flat rate of 4 Euro (with HSBC). I currently use Kraken, though also have a Bitstamp account. Kraken doesn't charge a fee at the other end. They charge 0.2% trading fees EUR/BTC (less for higher volumes), and 0.09 Euro to withdraw Euro via SEPA. Let's say you're sending 500 Euro, this can mean around 1% in total fees. (Granted, you're at the mercy of what the bank deems a fair exchange rate for GBP - EUR) |
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MatTheCat
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February 05, 2014, 01:16:44 PM |
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I only look at cash. I see no other use for localbitcoins. If I were interested in wires/transfers showing up in a bank account, I'd cash out from the exchanges.
I don't know if you are in UK or not, but for UK Bitcoiners, the 'local' exchange means Bitstamp, which deals in Euro and USD transactions. For most UK punters, there will be 3%-4% bank transfer/money changing transfers to deal with at both ends, going in and coming out. This is where LocalBitcoins comes into it's own for privacy insensitive Bitcoiners. I'm in the UK and a SEPA transfer costs a flat rate of 4 Euro (with HSBC). I currently use Kraken, though also have a Bitstamp account. Kraken doesn't charge a fee at the other end. They charge 0.2% trading fees EUR/BTC (less for higher volumes), and 0.09 Euro to withdraw Euro via SEPA. Let's say you're sending 500 Euro, this can mean around 1% in total fees. (Granted, you're at the mercy of what the bank deems a fair exchange rate for GBP - EUR)See what I highlighted. That there is your 3% - 5% premium. From what I read, a lot of people don't seem to know this. They are transferring money and don't realise that the banks exchange rate is some 3%-4% nippier than the actual exchange rate. There are of course cheaper ways to get money into foreign currencies. TransferWise being the best of the bunch that I am aware off. However, they don't deal with Bitcoin exchanges and neither do any of the other cheaper alternatives to international bank wire. The only way for a Brit to get GBP onto Stamp at a cheap rate <0.5%, is to use a foreign (Euro) denominated bank account as a stepping stone. |
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FierceRadish
Member
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Activity: 84
Merit: 10
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February 05, 2014, 01:55:04 PM |
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Yup, we really need a better way to get bitcoin in the UK.
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akujin
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February 05, 2014, 02:28:29 PM |
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BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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DustyRah (OP)
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February 06, 2014, 03:03:10 AM |
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Just as I mentioned day before yesterday BTC has taken a dump.
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MatTheCat
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February 06, 2014, 03:23:42 AM |
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Just as I mentioned day before yesterday BTC has taken a dump.
Good call again. PM billyjoeallen and let him know how wrong he was. Perhaps you should also advise him under no circumstances should he start up his own Bitcoin consultancy as he may end up with a lot of angry clients. |
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segeln
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February 06, 2014, 08:11:32 AM |
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Perhaps you should also advise him under no circumstances should he start up his own Bitcoin consultancy as he may end up with a lot of angry clients.
ha ha ha   |
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DustyRah (OP)
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February 07, 2014, 12:33:10 PM |
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As mentioned...
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MatTheCat
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February 07, 2014, 11:07:03 PM |
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Perhaps you should also advise him under no circumstances should he start up his own Bitcoin consultancy as he may end up with a lot of angry clients.
ha ha ha After lecturing someone about the merits of buying and hodling at any price because any price in fiat currency for Bitcoins is cheap (I think Bitcoin was about $840 at the time), billyjoeallen informed us that he was thinking about starting up his own 'Bitcoin Consultancy'! I nearly spat my teeth out into my tea! Well, I would have done if I had false teeth, and was drinking tea at the time, but a negative on both counts, I am pleased to say. As mentioned...
Did i congratulate you on your great call yet? Well in case I didn't, congratulations once again! Perhaps you can celebrate by quoting a small compendium of the most pompous bull-tard remarks and insults that you had to endure for very kindly providing people with the chance not to lose money. |
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