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Topic: It's happening! --- 3̶6̶0̶$̶ 4̶5̶4̶$̶ 502$ - page 9. (Read 36886 times)

legendary
Activity: 1159
Merit: 1001
366

362
legendary
Activity: 918
Merit: 1000
I hope you remember your words in 3 weeks time.The up rally will begin.
legendary
Activity: 1260
Merit: 1116
The price will make a bottom at 350 (-5 perhaps).It may be in a band of +-10 USD.Then trend will decide....

legendary
Activity: 2282
Merit: 1035
The price will make a bottom at 350 (-5 perhaps).It may be in a band of +-10 USD.Then trend will decide....

Hey please .. don't do that guys.. calm down please!! Thats only $350 .. my mother says - pay 360 till sunday Cheesy
legendary
Activity: 918
Merit: 1000
The price will make a bottom at 350 (-5 perhaps).It may be in a band of +-10 USD.Then trend will decide....
sr. member
Activity: 378
Merit: 254
^
You'll be OK, buddy Smiley

legendary
Activity: 992
Merit: 1000
...
The next "bubble" will be fucking huge and worth the wait.

So...  Leveraged long, huh?
*Was going to start with "Hate to ask," but I try not to lie unless it's absolutely necessary convenient ...OK, fuckit, won't lie:  Having way too much fun at your expense Cheesy

I make money constantly via various arbitrage opportunities. Even if BTC drops below 200 I will continue to make bank and simultaneously rack up more coin.
...

"Via various arbitrage opportunities," huh?  An moar culchud way of saying "Yes, leveraged long and shitting myself a little as we speak" Cheesy

Haha, troll

Wishful thinking at best Smiley
sr. member
Activity: 378
Merit: 254
...
The next "bubble" will be fucking huge and worth the wait.

So...  Leveraged long, huh?
*Was going to start with "Hate to ask," but I try not to lie unless it's absolutely necessary convenient ...OK, fuckit, won't lie:  Having way too much fun at your expense Cheesy

I make money constantly via various arbitrage opportunities. Even if BTC drops below 200 I will continue to make bank and simultaneously rack up more coin.
...

"Via various arbitrage opportunities," huh?  An moar culchud way of saying "Yes, leveraged long and shitting myself a little as we speak" Cheesy
legendary
Activity: 3892
Merit: 4331
...
Many, many, many people.  The technology itself is very impressive as are the non-blackmarket uses.  It would be useful for those who doubt the uses to do some research and reading on it!

The same FUD has been going on here (and elsewhere) since (at least) fall 2010.  "Bitcoin will never hit dollar parity, it is a fad, a ponzi, unfairly distributed, not useful, will crash, won't get miners...etc".

 But a world currency it is not.


did Usenet looked like Dropbox or facebook?
I have no idea whether bitcoin will succeed or not, but it certainly is interesting intellectually.
legendary
Activity: 992
Merit: 1000
...
The next "bubble" will be fucking huge and worth the wait.

So...  Leveraged long, huh?
*Was going to start with "Hate to ask," but I try not to lie unless it's absolutely necessary convenient ...OK, fuckit, won't lie:  Having way too much fun at your expense Cheesy

I make money constantly via various arbitrage opportunities. Even if BTC drops below 200 I will continue to make bank and simultaneously rack up more coin.

But I find it amusing when people are like "Oh Bitcoin is finished blah blah blah"

hahaha hilarious

We are going through a time period where it is possible to scoop up cheap coins. Take advantage of the situation.


sr. member
Activity: 378
Merit: 254
...
The next "bubble" will be fucking huge and worth the wait.

So...  Leveraged long, huh?
*Was going to start with "Hate to ask," but I try not to lie unless it's absolutely necessary convenient ...OK, fuckit, won't lie:  Having way too much fun at your expense Cheesy
legendary
Activity: 992
Merit: 1000
This is completely normal for bitcoin.. are you guys new?

There is no sense in being demoralized. It's called being patient.

The next "bubble" will be fucking huge and worth the wait.
sr. member
Activity: 345
Merit: 250
I will not lie.  Now that we are more than $100 down from the rally I'm a bit demoralized.  If good news wont move the market up what will?

Can anyone point me to a rock solid audit of the Chinese exchanges?  I'm still blaming them for running a cloaked fractional reserve scheme.

Thanks!

There was some sort of big story about something dodgy going on at one of the Chinese exchanges today. I never got the full details and it might be just rumors, but I quoted  post below with information about it. I never click any links here I'm not sure about, so I never clicked the links in the post quoted below.




One thing is for certain though, the bids are deeper than when we were here a couple of months ago which suggests a more positive perception from most people in regards to the market. Now, we clearly saw it was OKcoin and China that led the price spike last week and now it has fizzled to where we might have expected to be if we had had steady growth from the "bottom". China is now being bearish with this Huobi news and it wouldn't surprise me to see the western exchanges take the lead which theoretically could lead to a much more sustainable rise. OKcoin trading is a joke with no fees and 20X leverage its just a bunch of gamblers trying to out luck each other and should not be somewhere the market looks towards to dictate a market price.

What happened in Huobi? I completely missed it :/

Nothing comfirmed but Jorge posted this earlier.

Scandal about Huobi's BitVC... or FUD planted by OKCoin?

Chinese article: http://www.btcbbs.com/forum.php?mod=viewthread&tid=25035&extra=
"火币网bitvc员工不得不说的惊人内幕"
"Huobi.com's bitvc employee reports amazing insider info"

English article based on it: http://www.bitell.com/t/2150
"We're Shocked!!! An Employee of Huobi BitVC Disclosed the Behind Story of His Working Platform, Huobi Co-founder Du Jun Claimed Huobi has Presented that to The Police"

Not sure what there is in it but would explain the small drop. More than likely some bear FUD.


I'm still not sure what it's about. Tzupy made this post about it, but that's all I know.


...
I cant open it, guess some dns issue.
could I get a digested version from someone?

The point is there could be a police investigation at Huobi, if the story is confirmed:

Today, an employee of Huobi BitVC gave out an article, saying he had to unveil the inside news of Huobi trading platform. Meanwhile, he did hope the management of Huobi can learn something from this event. What’s more, on the one hand, he hopes that No personal remarks will be made; on the other hand, he wishes that Huobi management can admit the things he said, or all the recordings will be announced.

the whole management team of Huobi, including Leon Li and Dujun actually know little about Bitcoin, what they have is the worship of Bitcoin, they only want to make money and make 796, OKCOIN and BTCC went bankrupt or even worse, and never thinking about whether their behaviors is helpful for Bitcoin industry or what they did will damage this industry.
legendary
Activity: 1022
Merit: 1000
I will not lie.  Now that we are more than $100 down from the rally I'm a bit demoralized.  If good news wont move the market up what will?

Can anyone point me to a rock solid audit of the Chinese exchanges?  I'm still blaming them for running a cloaked fractional reserve scheme.

Thanks!
legendary
Activity: 1260
Merit: 1116
Quote from: NotLambchop

Does anyone honestly believe otherwise?

Me.
I am honest. I think that satoshi couldn't imagine such an evolution for bitcoin, and couldn't imagine the black market thing.
I sometimes think that he just took this as an experiment, just some more than a joke, and that he in fact lost the private keys for his btc stash... but I never think that he created btc to buy weed online

I was being a bit facetious, what I actually think is pretty dull, and goes like this:
Bitcoin was initially an experiment, a troll on the established notions/preconceptions of what money is.  That's what originally drew me in--it was both clever and hilarious, what's not to [geek] love?  But he certainly never set out to create dominant currency of the world--that sort of thinking came much later, from the penny stock speculator crowd.  

I just saw your soul!
legendary
Activity: 2114
Merit: 1015
even without any trading ,as a store of wealth alone it will exceed 10k as more and more people get suspicious of their countries being bankrupt

nobody trades in gold bars  ,its effectively only a store of value ,and a very cumbersome ,expensive ,hi risk one at that

an efficent system like btc is far superior ,a kilo bar of gold  would be hard to trade internationally or send to your friend in japan etc

a btc would be more of less effortless ,thats only one of the reasons why btc will NOT fail in this new age .........

I just watched some gold price manipulation video and people are even getting ripped off by gold bullions filled with wolfram Cheesy so you can't even trust gold!
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
...
If Bitcoin hits 100, it will be game over for sure. ...

I doubt it will be "game over."  Sure, there might be some weirdness with confirm time if it's a sudden plunge & miners shut down their farms en masse.  And it might be "game over" as far as Pinky and the Brain world-domination fantasies that permabulls keep trotting out.  But, as long as there are a few guys mining, Bitcoin will serve the purpose for which it was created--small-scale blackmarket commerce.  $100/BTC is just about right for that.

Sure, it might be able to operate in a nichemarket, but I don't believe it will be able to hold a value of 100 dollars in that case.

even without any trading ,as a store of wealth alone it will exceed 10k as more and more people get suspicious of their countries being bankrupt

nobody trades in gold bars  ,its effectively only a store of value ,and a very cumbersome ,expensive ,hi risk one at that

an efficent system like btc is far superior ,a kilo bar of gold  would be hard to trade internationally or send to your friend in japan etc

a btc would be more of less effortless ,thats only one of the reasons why btc will NOT fail in this new age .........
sr. member
Activity: 345
Merit: 250

I just donated 15$ worth of BTC  to mozilla. they probably insta dumped the coins and that's why it's no longer happening!

I'd be interested to find out how much ordinary people donate. I once read an open source devs post which said "out of the 250000 people who downloaded my software I would like to thank the three people who made voluntary donations totaling $3.58". I heard Google subsidizes mozilla/firefox and I expect Google's subsidy is the lions share of any donations they get.
legendary
Activity: 2114
Merit: 1015

I just donated 15$ worth of BTC  to mozilla. they probably insta dumped the coins and that's why it's no longer happening!
full member
Activity: 238
Merit: 100
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