Dow/Bitcoin
-0.322
Uncorrelated
According to current trends in our data, this value is unlikely to behave as an indicator for bitcoin price movement
https://www.kimonolabs.com/bitcoin/correlator
Topic: Gold collapsing. Bitcoin UP. - page 873. (Read 2032266 times)
i asked before, does a Dow top correspond with a Bitcoin bottom?
i think so.
i think so.
hey cypherdoc,
just eyeballing it... some inverse correlation has happened:
dow(blue) + btc, both log scale:
perhaps we will see some further moves like that again soon.
i asked before, does a Dow top correspond with a Bitcoin bottom?
i think so.
i think so.
Anybody want to predict the floor on Gold? And when?
$1192/Oz ... 3rd October 2014 ...
Anybody want to predict the floor on Gold? And when?
I put in a outside range for gold which relates to the 1970's. Also a time of turmoil and change as dollar first departed from a set standard, price controls were put in and so on. Might not seem that extreme now but anyhow gold fell 50% during that time from its peak. It later resumed and gained new highs.Not my prediction, look up Marc Faber who was trading at that time and is now
Quote
Someone has to prop up the markets 
I cannot comprehend how confidence has still not been completely lost
(and capitalism) 
If FinCEN loses they say "hmm well now we know" and there is absolute no consequence. Even the cost of the trial was simply paid for by taxpayers (including Mike indirectly). If Mike loses they judicial system could take everything he owns, include his freedom for the next thirty years. Not really worth it.
Imagine we played a game of poker and if you win I have to say "I was wrong" in public, if I win you get executed. Now you are 80% sure you can beat me in poker, everyone says you have a very sold game. Would you play? How about if you were 99.9% sure?
Everybody thought I was exaggerating. "It's no problem - we'll talk to the regulators and do what it takes to become compliant like a good citizens and everything will be fine," they said.Imagine we played a game of poker and if you win I have to say "I was wrong" in public, if I win you get executed. Now you are 80% sure you can beat me in poker, everyone says you have a very sold game. Would you play? How about if you were 99.9% sure?
Future Bitcoin services need to be run as if they are illegal enterprises, like Silk Road, even if what they are doing is apparently legal.
Why:
The solution is to run all services in the darknet, not tied to any physical location or legal jurisdiction, and without any explicit connection to a real-life identity.
Why:
- Laws change.
- Regulations are vague and open-ended, and it's probably impossible to operate a business without accidentally violating one.
- Even if you do manage to operate without violating any rule law enforcement agencies do not always limit themselves to the letter of the law when deciding to begin an enforcement action.
- Governments are not the only threats to a successful business. Non-governmental organized crime is almost equally capable of extortion.
The solution is to run all services in the darknet, not tied to any physical location or legal jurisdiction, and without any explicit connection to a real-life identity.
...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.
I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/
Appears solely relevant to "Bitcoin 2.0" companies.
The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"
BitsharesX seems vulnerable to this, if true.
...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.
I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/
Appears solely relevant to "Bitcoin 2.0" companies.
The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"
BitsharesX seems vulnerable to this, if true.
This is my thinking as well.
All these US dollar pegged cryptos are at risk
...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.
I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/
Appears solely relevant to "Bitcoin 2.0" companies.
The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"
BitsharesX seems vulnerable to this, if true.
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
This fud has been around for a long time.
May 27, 2013
http://www.reddit.com/r/Bitcoin/comments/1f66kk/is_coinbase_compliant_or_will_they_get_seized/
Nov 21 2013
http://trollboxarchive.com/id/23368733
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Many months ago I penned a post here stating that "The Blockchain may only ever be applicable to Bitcoin as Money". If what is rumored here is true, then my confidence level that this is true has just gone up to 80%. Perhaps someone can dig it up for me.
I'm at a conference right now and on my phone so I can't dig the post out but I said that because a lot of these founders, who have lots of shares, are known, they and their protocols are highly exposed to gvt action allowing them to be easily killed. Contrast that with Bitcoin where nobody knows who Satoshi is nor if he still owns his privkeys. There is a very good reason why he disappeared.
If anything at all, this is Bullish for Bitcoin as it's truly the only safe haven whose founder remains anonymous and whose keys can't be confiscated.
Actually Nxt's founder remains anonymous as well.
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
as far as NXT, the difference is that if its dev continues devving for NXT, he will be found as opposed to Satoshi who won't. he's at great risk plus, there's all the other problems with POS we've already debated and him holding potentially the vast majority of NXT coins.
with alts, any wise investor at this stage of the game insists on knowing who the devs are to hold them accountable. the market has given a pass to Bitcoin in this regard since it was first and it's too late and are satisfied with its current dev team who actually doesn't appear to have a signif amt at risk with Bitcoin.
The creator has dissappeared just like satoshi. The lead dev now Jean-Luc is not the creator and is of equal stature as Gavin.
...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.
I don't think anyone said anything about Coinbase. Here's the original IRC transcript of this rumor:
http://www.reddit.com/r/Bitcoin/comments/2iujgv/secfincen_preparing_action_against_us_bitcoin/
Appears solely relevant to "Bitcoin 2.0" companies.
The tldr quote:
"[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward"
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Many months ago I penned a post here stating that "The Blockchain may only ever be applicable to Bitcoin as Money". If what is rumored here is true, then my confidence level that this is true has just gone up to 80%. Perhaps someone can dig it up for me.
I'm at a conference right now and on my phone so I can't dig the post out but I said that because a lot of these founders, who have lots of shares, are known, they and their protocols are highly exposed to gvt action allowing them to be easily killed. Contrast that with Bitcoin where nobody knows who Satoshi is nor if he still owns his privkeys. There is a very good reason why he disappeared.
If anything at all, this is Bullish for Bitcoin as it's truly the only safe haven whose founder remains anonymous and whose keys can't be confiscated.
Actually Nxt's founder remains anonymous as well.
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
as far as NXT, the difference is that if its dev continues devving for NXT, he will be found as opposed to Satoshi who won't. he's at great risk plus, there's all the other problems with POS we've already debated and him holding potentially the vast majority of NXT coins.
with alts, any wise investor at this stage of the game insists on knowing who the devs are to hold them accountable. the market has given a pass to Bitcoin in this regard since it was first and it's too late and are satisfied with its current dev team who actually doesn't appear to have a signif amt at risk with Bitcoin.
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Many months ago I penned a post here stating that "The Blockchain may only ever be applicable to Bitcoin as Money". If what is rumored here is true, then my confidence level that this is true has just gone up to 80%. Perhaps someone can dig it up for me.
I'm at a conference right now and on my phone so I can't dig the post out but I said that because a lot of these founders, who have lots of shares, are known, they and their protocols are highly exposed to gvt action allowing them to be easily killed. Contrast that with Bitcoin where nobody knows who Satoshi is nor if he still owns his privkeys. There is a very good reason why he disappeared.
If anything at all, this is Bullish for Bitcoin as it's truly the only safe haven whose founder remains anonymous and whose keys can't be confiscated.
Actually Nxt's founder remains anonymous as well.
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
I doubt Coinbase would be shut down as they've gone overboard with their AML. it's just a rumor at this point anyways, probably from an altscam proponent.
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Many months ago I penned a post here stating that "The Blockchain may only ever be applicable to Bitcoin as Money". If what is rumored here is true, then my confidence level that this is true has just gone up to 80%. Perhaps someone can dig it up for me.
I'm at a conference right now and on my phone so I can't dig the post out but I said that because a lot of these founders, who have lots of shares, are known, they and their protocols are highly exposed to gvt action allowing them to be easily killed. Contrast that with Bitcoin where nobody knows who Satoshi is nor if he still owns his privkeys. There is a very good reason why he disappeared.
If anything at all, this is Bullish for Bitcoin as it's truly the only safe haven whose founder remains anonymous and whose keys can't be confiscated.
Actually Nxt's founder remains anonymous as well.
But how would Coinbase getting raided be bullish for btc? This would destroy all kinds of businesses acceping btc...
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Many months ago I penned a post here stating that "The Blockchain may only ever be applicable to Bitcoin as Money". If what is rumored here is true, then my confidence level that this is true has just gone up to 80%. Perhaps someone can dig it up for me.
I'm at a conference right now and on my phone so I can't dig the post out but I said that because a lot of these founders, who have lots of shares, are known, they and their protocols are highly exposed to gvt action allowing them to be easily killed. Contrast that with Bitcoin where nobody knows who Satoshi is nor if he still owns his privkeys. There is a very good reason why he disappeared.
If anything at all, this is Bullish for Bitcoin as it's truly the only safe haven whose founder remains anonymous and whose keys can't be confiscated.
First the 30k BTC sell now this?
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/
Think we got our bearwhale.
Rumour is out that Coinbase is going to get raided.
Dow futures -91
Pull out now. Feels like when I liquidated my portfolio in 08 to watch the markets crash shortly after
Pull out now. Feels like when I liquidated my portfolio in 08 to watch the markets crash shortly after
I have been saying that for months now with no fucking real sell off yet, Fuckers come on make it happen!
Big thing right now to watch is the oil fight, some say if Oil crosses $75 a barrel (now at $85) the Shale Natural Gas industry is going to get ass raped and this is what held up the US imo over the last 4-7 years.
http://www.marketwatch.com/investing/stock/chk
85$ a barrel is so low compared to the 200$ a barrel in 2017
Am very bullish for most energy companies and countries which have a lot of natural ressources
Dow futures -91
Pull out now. Feels like when I liquidated my portfolio in 08 to watch the markets crash shortly after
Pull out now. Feels like when I liquidated my portfolio in 08 to watch the markets crash shortly after
-91 is not extraordinary. Can you elaborate?
Normally the Fed doesn't allow the markets to end a Friday on a down note. There's not much data around today and after the last three days of panic and after nasty sessions in Asia and Europe the only way the US markets should end is down. The fed has made noises about not interfering and if they don't there's not much to hold the indices up. If the markets start the session heading down and the fed doesn't step in then it could be an ugly day. I can't really believe the fed will keep their fingers out of the pie but we'll know in a few hours.
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