Oh my, it's already starting:
http://www.zerohedge.com/news/2015-01-25/tsipras-addresses-greece-says-bailout-agreements-troika-era-are-over
Topic: Gold collapsing. Bitcoin UP. - page 528. (Read 2032289 times)
National Bank of Greece: dead, dead, and about to get deader:
20 yr weekly:
20 yr weekly:
back to gold.
this move down by the junior miners bodes poorly for gold near term. both gold and Bitcoin probably have turned their respective corners and will start to converge:
this move down by the junior miners bodes poorly for gold near term. both gold and Bitcoin probably have turned their respective corners and will start to converge:
this candle might clear the top of my circle by the end of day tomorrow:
wow, that deserves zooming into:
man, this must hurt. and we're already back over the 2 down candle capitulation days. and we're just getting started:
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
Only time will tell and if people are going to use it. It will take some public to use and get it to where it needs to be without people using it and having trust in it. It wont work. But then again coinbase have done a good job so far in being secure and been a good exchange and services to use. The only thing I do not like is the centralise and regulation on this new one coming to play regulated by US. Will be interesting to see how many use it but then again if it is regulated then that comes with some nice features but the whole point of crypto or BTC was that it was anonymous and or private they are taking this away from it no doubt upload government documents before trading and to supply documents and other BS
in the bigger picture though, it will bring in tons more avg Americans who have rightfully been reluctant to send fiat to Slovenia, China, or Russia to trade. with the added insurance and jurisdictional protection here in the US, it should open up the flood gates to the likes of where we were when China was freely trading end of 2013.
plus, with the NYSE involved, the US gvt probably is going to get behind the concept of US exchanges. we need to do this as we are behind there and also in mining. this could change everything and make the US the leader in Bitcoin.
US having the biggest leader in BTC it will cause nothing but problems. Maybe leading in some direction but not being the biggest leader in it. If that happens then so be it but it could cause nothing but problems they have too much debit on their hands and had nothing but massive bailouts and if they goto crypto then indeed it will have a nice impact on it maybe they go to use it as mainstream like fiat r they will eventually come up with their own crypto ICO regulated by them and actually do good with it.
believe it or not, that would be my greatest hope.
if the Fed has really emptied its vaults of gold and the US Treasury wants to do an official debt "reset", moving to Bitcoin could actually be the preferred strategy to keep the US empire going for an additional 100 years. of course, they'd have to give up the USD as the world's reserve currency. but if we could zero out the debt in exchange?
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
Only time will tell and if people are going to use it. It will take some public to use and get it to where it needs to be without people using it and having trust in it. It wont work. But then again coinbase have done a good job so far in being secure and been a good exchange and services to use. The only thing I do not like is the centralise and regulation on this new one coming to play regulated by US. Will be interesting to see how many use it but then again if it is regulated then that comes with some nice features but the whole point of crypto or BTC was that it was anonymous and or private they are taking this away from it no doubt upload government documents before trading and to supply documents and other BS
in the bigger picture though, it will bring in tons more avg Americans who have rightfully been reluctant to send fiat to Slovenia, China, or Russia to trade. with the added insurance and jurisdictional protection here in the US, it should open up the flood gates to the likes of where we were when China was freely trading end of 2013.
plus, with the NYSE involved, the US gvt probably is going to get behind the concept of US exchanges. we need to do this as we are behind there and also in mining. this could change everything and make the US the leader in Bitcoin.
US having the biggest leader in BTC it will cause nothing but problems. Maybe leading in some direction but not being the biggest leader in it. If that happens then so be it but it could cause nothing but problems they have too much debit on their hands and had nothing but massive bailouts and if they goto crypto then indeed it will have a nice impact on it maybe they go to use it as mainstream like fiat r they will eventually come up with their own crypto ICO regulated by them and actually do good with it.
Jon Jones chokes out Lyota Machida, Bitcoin short seller:
the result?
the result?
this guy is a short seller:
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
Only time will tell and if people are going to use it. It will take some public to use and get it to where it needs to be without people using it and having trust in it. It wont work. But then again coinbase have done a good job so far in being secure and been a good exchange and services to use. The only thing I do not like is the centralise and regulation on this new one coming to play regulated by US. Will be interesting to see how many use it but then again if it is regulated then that comes with some nice features but the whole point of crypto or BTC was that it was anonymous and or private they are taking this away from it no doubt upload government documents before trading and to supply documents and other BS
in the bigger picture though, it will bring in tons more avg Americans who have rightfully been reluctant to send fiat to Slovenia, China, or Russia to trade. with the added insurance and jurisdictional protection here in the US, it should open up the flood gates to the likes of where we were when China was freely trading end of 2013.
plus, with the NYSE involved, the US gvt probably is going to get behind the concept of US exchanges. we need to do this as we are behind there and also in mining. this could change everything and make the US the leader in Bitcoin.
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
Only time will tell and if people are going to use it. It will take some public to use and get it to where it needs to be without people using it and having trust in it. It wont work. But then again coinbase have done a good job so far in being secure and been a good exchange and services to use. The only thing I do not like is the centralise and regulation on this new one coming to play regulated by US. Will be interesting to see how many use it but then again if it is regulated then that comes with some nice features but the whole point of crypto or BTC was that it was anonymous and or private they are taking this away from it no doubt upload government documents before trading and to supply documents and other BS
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
I concur. Feels like a proper hard bottom - high volume capitulation. The best thing is we are still carrying nearly 20,000 shorts. A move up could be epic from here.
... unless there is no intention to cover those shorts, i.e. the coins are gone and at some point int he future when the heat comes on the exchange just declares force majeur.
Finex getting squeezed
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
I concur. Feels like a proper hard bottom - high volume capitulation. The best thing is we are still carrying nearly 20,000 shorts. A move up could be epic from here.
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
no, i think the bottom is in.
the CB exchange is a long term thing, not a one off. it changes the liquidity dynamic significantly and should boost prices and narrow spreads.
This could definitely set off the next deflationary wave/crisis:
http://mobile.bloomberg.com/news/2015-01-25/syriza-defeats-samaras-to-win-greek-election-exit-poll.html
Syriza wants at least half of Greek debt to be written off along with an end to austerity. This is the last thing their European creditors want to see. Remember, present day crises get set off when there is debt implosion which is what a debt write off is.
http://mobile.bloomberg.com/news/2015-01-25/syriza-defeats-samaras-to-win-greek-election-exit-poll.html
Syriza wants at least half of Greek debt to be written off along with an end to austerity. This is the last thing their European creditors want to see. Remember, present day crises get set off when there is debt implosion which is what a debt write off is.
this guy may actually be right:
https://twitter.com/AsselbergsSimon/status/559410262433079296
Think markets got some tanking before it recovers to a nice price again and continue to go up. $170s last week and in $240s now could go anyway up or down. Coinbase thing tho is interesting. Will find out what happens with that in 15 hours or less to see if anything will really happen with the new exchange that is coming out and seeing how prices will go.
just like i warned; i don't think markets like Syriza. nice gap down:
Also watch EURUSD.
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