Gold collapsing. Bitcoin tanking. Dollar UP.
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Topic: Gold collapsing. Bitcoin UP. - page 888. (Read 2032266 times)
New thread!
I could definitely see something like btm catching on around the Internet in the future.
What the fuck is BTM?Just another altcoin called Bitmark.
That Overstock/XCP alliance might end up being hard to execute...may face some regulatory hurdles...definitely some possible stumbling blocks.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
I could definitely see something like btm catching on around the Internet in the future.
Gold collapsing. Bitcoin tanking. Dollar UP.
Andreesen cranking it ;
http://mobile.businessweek.com/news/2014-10-07/andreessen-on-finance-we-can-reinvent-the-entire-thing
http://mobile.businessweek.com/news/2014-10-07/andreessen-on-finance-we-can-reinvent-the-entire-thing
This has made me feel even more bullish now, thanks!
So if the stock market becomes decentralized, what will that do to the HFT industry? Will they become miners?
That Overstock/XCP alliance might end up being hard to execute...may face some regulatory hurdles...definitely some possible stumbling blocks.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
I could definitely see something like btm catching on around the Internet in the future.
That Overstock/XCP alliance might end up being hard to execute...may face some regulatory hurdles...definitely some possible stumbling blocks.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
BUT...if they do what they are trying to do, it could also completely revolutionize financial markets. I mean, it could be THE big thing. It could legitimize some of the bitcoin-is-the-internet-of-money, or at least blockchain-is-the-internet-of-money commentary we've heard.
I thought this article was good because even I could follow it: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
I'm a little surprised some of the other alts haven't gone up in sympathy with XCP, especially BTM (disclosure: I do own about 1 BTC worth)
Edit: looks like Doge has taken that ride up...microtransactions FTW? Which is part of why I thought BTM might.
lots of investment pouring into the space:
Blockchain Is Latest Bitcoin Start-Up to Lure Big Investment
http://dealbook.nytimes.com/2014/10/06/blockchain-is-latest-bitcoin-start-up-to-lure-big-investment/?_php=true&_type=blogs&_php=true&_type=blogs&_r=1&
Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market
"SNAPCARD Raises $1.5 Million from Tim Draper." Looks like tim draper is a hard core bitcoin believer
http://www.reddit.com/r/Bitcoin/comments/2ig13w/snapcard_raises_15_million_from_tim_draper_looks/
Blockchain Is Latest Bitcoin Start-Up to Lure Big Investment
http://dealbook.nytimes.com/2014/10/06/blockchain-is-latest-bitcoin-start-up-to-lure-big-investment/?_php=true&_type=blogs&_php=true&_type=blogs&_r=1&
Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market
"SNAPCARD Raises $1.5 Million from Tim Draper." Looks like tim draper is a hard core bitcoin believer
http://www.reddit.com/r/Bitcoin/comments/2ig13w/snapcard_raises_15_million_from_tim_draper_looks/
so when exactly is this 51% attack coming? 
geez o meez:
one of the important indicators i use in addition to cycle theory, momentum, stochastics, fibs, etc, is Dow Theory. the $DJI & $DJT have been moving in lock step so far and one of the structural formations i'm looking for at a major top for the stock mkt is what's called a Dow Theory non-confimation. that usually means one of the two indices will set a new high while the other fails to do the same. now that it appears we're getting a short term bounce here right now, i'm watching for this very finding.
no mo trolls = higher prices
in Russia they will not criminalize BTC and the likes.
It will be just fines, expensive for firms, but dealing with cryptomoney
is prohibited for legal entities in Russia anyway.
So all these moves and plans (law is in the stage of a project )
will not affect price of BTC strongly.
It is already prohibited , like everything there LOL
Dont look on this issue like you all got used to in your nice western law abiding realm.
Russians dont give a fuck about laws, or otherwise they would be dead all together long ago
It will be just fines, expensive for firms, but dealing with cryptomoney
is prohibited for legal entities in Russia anyway.
So all these moves and plans (law is in the stage of a project )
will not affect price of BTC strongly.
It is already prohibited , like everything there LOL
Dont look on this issue like you all got used to in your nice western law abiding realm.
Russians dont give a fuck about laws, or otherwise they would be dead all together long ago
thanks for your perspective.
there is a very popular saying in russia:
harshness of russian laws are compensated by slackitude of its enforcement.
But when government doesn't like you then they have plenty of laws against you. (see pussy riot, and so on)
I call this distribution from weak hands to strong hands
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
That's actually quite a fun article, very well written.
I'll have to try reading again, because I stopped after reading:
Quote
So this weekend, when the blockchain (Bitcoin's built-in ledger system) showed that a single Bitcoin collector was trying to sell 30,000 Bitcoin all at once at a price of $300 per coin
Don't bother. Kevin Roose is a permabear. As expected, he ends the article noting how bitcoin is horrible off its high. Nevermind the fact that it's *still* up 270% over the last 12 months, and 2700% over the past two years. These guys always seem to leave that part out...
I call this distribution from weak hands to strong hands
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
That's actually quite a fun article, very well written.
I'll have to try reading again, because I stopped after reading:
Quote
So this weekend, when the blockchain (Bitcoin's built-in ledger system) showed that a single Bitcoin collector was trying to sell 30,000 Bitcoin all at once at a price of $300 per coin
Don't bother. Kevin Roose is a permabear. As expected, he ends the article noting how bitcoin is horrible off its high. Nevermind the fact that it's *still* up 270% over the last 12 months, and 2700% over the past two years. These guys always seem to leave that part out...
I call this distribution from weak hands to strong hands
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
That's actually quite a fun article, very well written.
I'll have to try reading again, because I stopped after reading:
Quote
So this weekend, when the blockchain (Bitcoin's built-in ledger system) showed that a single Bitcoin collector was trying to sell 30,000 Bitcoin all at once at a price of $300 per coin
I call this distribution from weak hands to strong hands
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
That's actually quite a fun article, very well written.
I call this distribution from weak hands to strong hands
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
http://nymag.com/daily/intelligencer/2014/10/bearwhale-is-freaking-out-the-bitcoin-markets.html
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