|
|
|
kehtolo
|
 |
September 26, 2014, 10:28:00 AM |
|
Nobody wants to jump on our sinking ship  You can call it that if you want.. I won't. I wouldn't mind if Schiff doesn't mention bitcoin - he was staunchly anti bitcoin all along. He had made one or two concessions recently towards bitcoin but he is still a Goldbug pure and simple. The takeaway point here is that QE and the dollar are fucked. At least he sees that! |
The next 24 hours are critical!
|
|
|
|
devphp
|
|
September 26, 2014, 10:28:28 AM |
|
Nobody wants to jump on our sinking ship There is a way out of this sinking ship though. |
|
|
|
|
marcus_of_augustus
Legendary
 Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
September 26, 2014, 10:58:57 AM |
|
Nobody wants to jump on our sinking ship  You should probably get that myopia checked out, it might be costing you some serious large long term benefits. |
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
|
|
September 26, 2014, 11:10:26 AM |
|
Nobody wants to jump on our sinking ship You should probably get that myopia checked out, it might be costing you some serious large long term benefits. Nice lines  Bitcoin is $394 on BTC-e ... quick, you better close out your shorts then. |
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
September 26, 2014, 11:42:27 AM |
|
Nobody wants to jump on our sinking ship You should probably get that myopia checked out, it might be costing you some serious large long term benefits. Nice lines Bitcoin is $394 on BTC-e ... quick, you better close out your shorts then. Nope. $390;) |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
September 26, 2014, 12:03:32 PM |
|
Nobody wants to jump on our sinking ship You should probably get that myopia checked out, it might be costing you some serious large long term benefits. Nice lines Bitcoin is $394 on BTC-e ... quick, you better close out your shorts then. Nope. $390;) You'll learn. Shorting a bear market is easy until it isn't. Timing the end of a bear market is difficult. Most traders get burned. You may pick up a few more pennies betting on the demise of bitcoin but don't come whining when the price jumps 10% in 30 minutes like it did earlier this week. |
|
|
|
|
|
arieq
|
|
September 26, 2014, 12:10:22 PM |
|
IMO, BTC can not be mainstream, because it's already 1/2 out and it's going to be harder than mining gold.
How could something this hard to generate to be use daily? It should worth 1 BTC per house in US. Assuming 2016 will take 3 months to mint 1 BTC.
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1013
|
|
September 26, 2014, 12:12:10 PM |
|
How could something this hard to generate to be use daily? How much iron ore do you personally refine on any given day? |
|
|
|
|
boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
|
|
September 26, 2014, 12:27:16 PM |
|
Nobody wants to jump on our sinking ship You should probably get that myopia checked out, it might be costing you some serious large long term benefits. Nice lines Bitcoin is $394 on BTC-e ... quick, you better close out your shorts then. Nope. $390;) You'll learn. Shorting a bear market is easy until it isn't. Timing the end of a bear market is difficult. Most traders get burned. You may pick up a few more pennies betting on the demise of bitcoin but don't come whining when the price jumps 10% in 30 minutes like it did earlier this week. Exactly, it is very dangerous to short Bitcoin if you think it will go up in the medium long term, it is safer to sell a portion of your holdings when you think it is going to go down and buy back when you consider it will recover soon |
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
September 26, 2014, 12:32:52 PM |
|
IMO, BTC can not be mainstream, because it's already 1/2 out and it's going to be harder than mining gold.
How could something this hard to generate to be use daily? It should worth 1 BTC per house in US. Assuming 2016 will take 3 months to mint 1 BTC.
What? It will even work fine when it is literary impossible to mine Bitcoin. |
|
|
|
|
thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
|
|
September 26, 2014, 01:15:17 PM |
|
Nobody wants to jump on our sinking ship You should probably get that myopia checked out, it might be costing you some serious large long term benefits. Nice lines Bitcoin is $394 on BTC-e ... quick, you better close out your shorts then. Nope. $390;) You'll learn. Shorting a bear market is easy until it isn't. Timing the end of a bear market is difficult. Most traders get burned. You may pick up a few more pennies betting on the demise of bitcoin but don't come whining when the price jumps 10% in 30 minutes like it did earlier this week. What did we call it back in 2012? "...collecting nickels in front of the steamroller." |
|
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
September 26, 2014, 01:59:28 PM |
|
gold getting smacked again. Bitcoin stable.
|
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
September 26, 2014, 02:14:08 PM |
|
the $DXY is breaking away from support and gathering momentum:  |
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
September 26, 2014, 02:14:13 PM |
|
It's much smaller than it seems. The Danish government (as many north-western European governments) just subsidizes start-ups in general. |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
September 26, 2014, 02:16:04 PM |
|
here's the Euro double short:  |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
September 26, 2014, 02:21:41 PM |
|
It's much smaller than it seems. The Danish government (as many north-western European governments) just subsidizes start-ups in general. SEED Capital just doesn't invest in any 'ol startup. and they're not going to invest in something the Danish gvt disapproves of. Unless we see an immediate retraction of this support and an explicit disapproval of Bitcoin association, this is a huge development as it represents the very first time a sovereign gvt has invested in a Bitcoin business. given all the "mehs" i'm seeing around this news, i'd say we've hit a bottom in sentiment. |
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
|
|
September 26, 2014, 02:28:09 PM |
|
It's much smaller than it seems. The Danish government (as many north-western European governments) just subsidizes start-ups in general. SEED Capital just doesn't invest in any 'ol startup. and they're not going to invest in something the Danish gvt disapproves of. Unless we see an immediate retraction of this support and an explicit disapproval of Bitcoin association, this is a huge development as it represents the very first time a sovereign gvt has invested in a Bitcoin business. given all the "mehs" i'm seeing around this news, i'd say we've hit a bottom in sentiment. We have definitely reached a bottom in sentiment. Just see the reaction to PayPal being semi-positive about Bitcoin and tentatively incorporating it in its business. Who would have thought that just one year ago? In Bitcoin everything moves so fast. If the Paypal news would have been in November of last year it would have made a huge impact on Bitcoin price (short term of course). |
|
|
|
|
cypherdoc (OP)
Legendary
Offline
Activity: 1764
Merit: 1002
|
|
September 26, 2014, 02:44:25 PM |
|
It's much smaller than it seems. The Danish government (as many north-western European governments) just subsidizes start-ups in general. SEED Capital just doesn't invest in any 'ol startup. and they're not going to invest in something the Danish gvt disapproves of. Unless we see an immediate retraction of this support and an explicit disapproval of Bitcoin association, this is a huge development as it represents the very first time a sovereign gvt has invested in a Bitcoin business. given all the "mehs" i'm seeing around this news, i'd say we've hit a bottom in sentiment. We have definitely reached a bottom in sentiment. Just see the reaction to PayPal being semi-positive about Bitcoin and tentatively incorporating it in its business. Who would have thought that just one year ago? In Bitcoin everything moves so fast. If the Paypal news would have been in November of last year it would have made a huge impact on Bitcoin price (short term of course). given that gvt is the fundamental organizational unit that can legally enforce a clamp down on Bitcoin, the fact that a non US gvt has now financially invested into a Bitcoin startup for the first time in its history makes a global crackdown on Bitcoin much less likely. there is enough positive fundamentals within Bitcoin that will divide gvt opinion, which is a very good thing. |
|
|
|
|
|
Poll
