No, but I'll try to profit from it.
When people are greedy be fearful, when people are fearful be greedy. W.B.
in bitcoin people are always greedy, if it's not the US it's China. That terminology never works here
Topic: Here comes dat fear - page 2. (Read 5134 times)
When people are greedy be fearful, when people are fearful be greedy. W.B.
in bitcoin people are always greedy, if it's not the US it's China. That terminology never works here
No, but I'll try to profit from it.
When people are greedy be fearful, when people are fearful be greedy. W.B.
Stepped on a pop-top, blew out my flip-flop. J.B.
There are much better options today for transparent exchanges but they seem to have low volume. Probably due to all the regulatory hoops saddled on them. Example is Atomic-Trade. It's an awesome transparent exchange but to trade USD you need to be verified.
That process takes a few days and is invasive. Not as much as Coinbase but still. Once there it has low volumes because people don't want to be hassled.
Well in short. Help support the transparent USA exchanges, if you want some security. If they are Registered with FinCen then they are bonded in every State.
That process takes a few days and is invasive. Not as much as Coinbase but still. Once there it has low volumes because people don't want to be hassled.
Well in short. Help support the transparent USA exchanges, if you want some security. If they are Registered with FinCen then they are bonded in every State.
No, but I'll try to profit from it.
When people are greedy be fearful, when people are fearful be greedy. W.B.
2011 didn't have Twinkiegloss buying up loads of BTC.
蜜獾
Isn't it a strange post signature? I saw it all the time and the branding works fine, everyone remembers you, and those who didn't have Chinese fonts in their browers are perhaps so weary of the browser's pleads to install one that they eventually did, which is not bad anyway.
The signature makes no more sense in Chinese other than an animal's name. (?)
Relax. Of all things to get worked up about, lol. If you read my history of posts I tend not to give China much credit in leading bitcoin markets, except on a few occasions.
So, my signature really has no significant meaning. Except I like honey badgers and even chinese honey badgers dont give a shit.
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Kraken is a good option in the U.S. They have not much volume, but the organization seems fairly high level.
Have you seen the bid depth for the USD XBT pair? You could easily rip a $50 hole in the book with a 10XBT market order sell. Only the EUR pair is usable.
I think this idea that exchanges are unsafe today is reactionary. They are no less safe than yesterday. Mostly likely they are more safe.
Although true, your view is colored optimistic, or the optimistic expression of a truth. Neutral one: The exchanges' safety was overvalued yesterday. Now they are correctly valued and investors are reconsidering their position.
I fear that the price will go up before my money hits the exchange tuesday or weds. Damn slow banking system that takes the weekend off 
蜜獾
Isn't it a strange post signature? I saw it all the time and the branding works fine, everyone remembers you, and those who didn't have Chinese fonts in their browers are perhaps so weary of the browser's pleads to install one that they eventually did, which is not bad anyway.
The signature makes no more sense in Chinese other than an animal's name. (?)
and... what if it is like 2011?
Then I'll have to wait THREE WHOLE YEARS before its $100k per coin?
Then I'll have to wait THREE WHOLE YEARS before its $100k per coin?
Isn't it so much more fun when you're in Fiat ready to make a move?
Less stress too!
Less stress too!
To each their own. I suppose.
Personally, I find waiting with fiat to be far more stressful than sitting secure with my coins safely in a paper wallet.
Any time I have either BTC or $ at an exchange I feel uncomfortable. Recent events at Gox remind me why.
Lock in some profits into BTC cold storage and $$ off exchange, and it feels much better. What I would find stressful is living through two bubbles without having taken significant $$ profits off the table.
What uncertainty around exchanges are there now that hasn't been in the past? If anything, I think we will have more transparency going forward. We have always known that btc-e is anonymous and could disappear any moment and mostly likely will not be here in another 2-5 years once larger exchanges develop and when people will demand a high level of service and accountability.
Bitstamp is run by reputable people who are not anonymous. We have a good idea of at least some of their cold storage addresses. Unless their banking situation deteriorates, then they will always be a decent choice. People are bitching about them now because they are tightening their restrictions. But both this tightening and the bitching are a result of paranoia on both ends about the Gox incedent and wanting to demand more accountability on both ends - the exchange and the users. (keep in mind, users still want all the perks of anonymity while demanding exchanges be more transparent).
Kraken is a good option in the U.S. They have not much volume, but the organization seems fairly high level.
I think this idea that exchanges are unsafe today is reactionary. They are no less safe than yesterday. Mostly likely they are more safe.
Isn't it so much more fun when you're in Fiat ready to make a move?
Less stress too!
Less stress too!
To each their own. I suppose.
Personally, I find waiting with fiat to be far more stressful than sitting secure with my coins safely in a paper wallet.
Any time I have either BTC or $ at an exchange I feel uncomfortable. Recent events at Gox remind me why.
Lock in some profits into BTC cold storage and $$ off exchange, and it feels much better. What I would find stressful is living through two bubbles without having taken significant $$ profits off the table.
I'm all bitcoin baby.
(apart from that black place where I am partly goxcoin. I don't talk about that though.)
(apart from that black place where I am partly goxcoin. I don't talk about that though.)
What do you old schoolers think is going to happen this time around, can we recover? The difference it seems this time is the Media on the hunt.
I don't even worry about it.
It's 1 or 0, same as always.
Things like this are why I am glad I decided to play bitcoin from the mining angle. If the outcome for bitcoin is 0, the hashing power of the miners will still be in demand for some other coin. (if SHA-256 is broken, then yeah, that would suck, but still, these things only have about a 1 year shelf life anyways, and as long as you only buy upgrades with profits, you won't get hurt too bad)
Lock in some profits into BTC cold storage and $$ off exchange, and it feels much better. What I would find stressful is living through two bubbles without having taken significant $$ profits off the table.
As they say though, there is no point in trying to teach a pig to read.
Will you succomb to da fear?
"I must not fear.
Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear.
I will permit it to pass over me and through me.
And when it has gone past me I will turn to see fears path.
Where the fear has gone there will be nothing......Only I will remain."
Isn't it so much more fun when you're in Fiat ready to make a move?
Less stress too!
Less stress too!
To each their own. I suppose.
Personally, I find waiting with fiat to be far more stressful than sitting secure with my coins safely in a paper wallet.
Any time I have either BTC or $ at an exchange I feel uncomfortable. Recent events at Gox remind me why.
Lock in some profits into BTC cold storage and $$ off exchange, and it feels much better. What I would find stressful is living through two bubbles without having taken significant $$ profits off the table.
Isn't it so much more fun when you're in Fiat ready to make a move?
Less stress too!
Less stress too!
To each their own. I suppose.
Personally, I find waiting with fiat to be far more stressful than sitting secure with my coins safely in a paper wallet.
Any time I have either BTC or $ at an exchange I feel uncomfortable. Recent events at Gox remind me why.
What do you old schoolers think is going to happen this time around, can we recover? The difference it seems this time is the Media on the hunt.
The media has always been involved and reporting has always typically been poor. Overall, this time likely won't be any different. Meaning, yes, we can recover.
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