$10 straight clean arbitrage to be had going from Stamp to BTC-E....

[notme]

Historically, difficulty has corrected when mining remained unprofitable long enough.  The ASIC ramp up with mostly preorders, and the subsequent rally has delayed the correction to difficulty, but new hardware that is currently available is still tough to justify.  There are still preorders of more efficient hardware in development though, so we have a bit of a delay between purchase decision and operations that will provide support to difficulty though short periods (2-3 months) of price bearishness.  If price doesn't recover in that time, difficulty will slow it's growth or even decline after this next generation of hardware ships and saturates.

[threecats]

First, everyone whines that bitcoin is volatile.  And now that it's stable, everyone whines that they can no longer make money off the volatility.

But its not stable.

Its fake manipulated stable and when enough Bid orders build up, Fkn Whack! Some whale drops a shit ton of coin right on the Bid wall triggering about 800 suckers' bids within 20 seconds, then the price dips and bounces back on low volume, and is artificially upheld to allow for conditions to build up for next mammoth cash out.

We are in a cash-out phase just now and I wouldn't be surprised to see yet more surprising 'strength' at this slightly lower but almost equally narrow trading range as yesterday, only for a Bid wall to be triggered by some bot dumping 800+ coins on the market in a big dirty manipulating rat oner.

I constantly have my eyes on the Ask depth standing in front of my Stop Loss buy order, and it is piling up incessantly as the Ask's accumulate around the spot, yet Bitcoin remains 'stable'.

Bullshit....totall fkn sham the whole lot of it.

Well.  As of now, Gox and Huobi have completely decoupled from Stamp.There is a clear pattern of Coinbase / whale / mysterious dark force keeping the price stable on stamp. Betting on the horse, feeding it with love. The goal may be artificial support towards cash out, the goal may just as well be artificial support for bitcoin's image towards an investor group, the goal may be to slowly accumulate all these coins that are being cashed out. Who knows. Does it matter? Facts are facts. The price is being supported. No point hyperventilating. Choose your theory as to why, and place your bets accordingly.

I see actually a great deal of logic in a careful accumulation of all coins being cashed out through stamp whilst the other exchanges breathe their last. Especiallly if a stable price is maintained, with all the outward cred that broadcasts to whatever investors / public image one is trying to keep corralled.

[MatTheCat]

Well.  As of now, Gox and Huobi have completely decoupled from Stamp.There is a clear pattern of Coinbase / whale / mysterious dark force keeping the price stable on stamp. Betting on the horse, feeding it with love. The goal may be artificial support towards cash out, the goal may just as well be artificial support for bitcoin's image towards an investor group, the goal may be to slowly accumulate all these coins that are being cashed out. Who knows. Does it matter? Facts are facts. The price is being supported. No point hyperventilating. Choose your theory as to why, and place your bets accordingly.

I see actually a great deal of logic in a careful accumulation of all coins being cashed out through stamp whilst the other exchanges breathe their last. Especiallly if a stable price is maintained, with all the outward cred that broadcasts to whatever investors / public image one is trying to keep corralled.

Refreshing to see others around that can see the wood for the trees.

It would matter a great deal whether the artificial price support was geared towards cashing out a certain volume of BTC at as high a price as possible or projecting an image of stability towards an investor group, or even to accumulate 'cheap' coins (which I doubt cos $820 'aint cheap'). Depending on what the motivations were behind the policy of artificial price support, would greatly determine what my own outlook on Bitcoin was going to be.

[DPoS]

It would matter a great deal whether the artificial price support was geared towards cashing out a certain volume of BTC at as high a price as possible or projecting an image of stability towards an investor group, or even to accumulate 'cheap' coins (which I doubt cos $820 'aint cheap'). Depending on what the motivations were behind the policy of artificial price support, would greatly determine what my own outlook on Bitcoin was going to be.

it boils down to wondering what the inflow/outflows of btc & fiat are in each exchange and in coinbase..  if you have that you remove the fog of war..  of course we don't get to see that but the ones running those place do...

and they aren't regulated like a casino (casinos have to disclose everything)
they are basically dark pools, and some actually have dark pools inside as well

as Llyod of Goldman once said..  they are doing 'God's Work'

[MatTheCat]

it boils down to wondering what the inflow/outflows of btc & fiat are in each exchange and in coinbase..  if you have that you remove the fog of war..  of course we don't get to see that but the ones running those place do...

and they aren't regulated like a casino (casinos have to disclose everything)
they are basically dark pools, and some actually have dark pools inside as well

as Llyod of Goldman once said..  they are doing 'God's Work'

....and the amusing thing is that there are still a huge amount of Bitcoiner's who believe that Bitcoin will lead the path to monetary freedom.

A vapourware asset, that can be and will be controlled, cornered, and manipulated by those with the deepest pockets, is going to free humanity from the banksters!?

Jesus Wept!

[DPoS]

....and the amusing thing is that there are still a huge amount of Bitcoiner's who believe that Bitcoin will lead the path to monetary freedom.

A vapourware asset, that can be and will be controlled, cornered, and manipulated by those with the deepest pockets, is going to free humanity from the banksters!?

Jesus Wept!

if bitcoin came out in the 60's somehow with the hippies then it would of been monetary freedom since they wouldn't give a shit about value in fiat and just live on their communes and then transact to other communes with bitcoin or hipcoin

they would probably opt for a premined coin so there wouldn't be an arms race and just divvy it up to all the communes

but nah. greed is central to bitcoin!!

[fonzie]

....and the amusing thing is that there are still a huge amount of Bitcoiner's who believe that Bitcoin will lead the path to monetary freedom.

A vapourware asset, that can be and will be controlled, cornered, and manipulated by those with the deepest pockets, is going to free humanity from the banksters!?

Jesus Wept!

 

but nah. greed is central to bitcoin!!

That´s a real nice comparison, i lold hard. But i honestly think that hippies would have gone mad about Doge.
Such friendly, very nice, everybody be rich! It´s for the community!

[DPoS]

Jesus Wept!

 

but nah. greed is central to bitcoin!!

That´s a real nice comparison, i lold hard. But i honestly think that hippies would have gone mad about Doge.
Such friendly, very nice, everybody be rich! It´s for the community!

ha lol back at you..  the freaking doge totally