#gold / $XAU price action remains tethered to forecast line; Bullish outlook:
Topic: Nights Watch by Afrikoin - page 189. (Read 303329 times)
#gold / $XAU price action remains tethered to forecast line; Bullish outlook:
I own 402 BTC - here is my story.
from https://www.reddit.com/r/Bitcoin/comments/3o4qde/i_own_402_btc_here_is_my_story/
Several years ago I watched Bitcoin climb from $20 to $256 and then crash. I wanted to buy during the run up but could not pull the trigger. After the crash I waited to see if Bitcoin would die, but it did not, so I read the whitepaper and was immediately hooked. I started accumulating when Bitcoin was around $95, stopped accumulating when it crossed above $330, sold about 1/4 of my position on the rebound at about $1020 after the $1200 spike. At that point I owned about 220 BTC free and clear.
I've been accumulating, mostly in the 220 - 280 range during this extended correction.
Bitcoin is 2.6% of my net worth. Home equity is 70% Gold bullion 16% Silver bullion 7%
Of these I see the home equity as by far the most risky.
To those who are skeptical about Bitcoin I simply show them the charts and say, "Why has Bitcoin not died?"
I was at one of the early talks for Andreas A. He said that Bitcoin will either be worth nothing or worth a lot. I agree.
Now I see Bitcoin in the mainstream news every day. I also know that most of the wealth out there is an illusion. When the next financial crisis hits, people will be confronted with a critical need to sort out what wealth is an illusion and what wealth is real. I expect Bitcoin to come out of this chaos as a huge winner.
from https://www.reddit.com/r/Bitcoin/comments/3o4qde/i_own_402_btc_here_is_my_story/
Several years ago I watched Bitcoin climb from $20 to $256 and then crash. I wanted to buy during the run up but could not pull the trigger. After the crash I waited to see if Bitcoin would die, but it did not, so I read the whitepaper and was immediately hooked. I started accumulating when Bitcoin was around $95, stopped accumulating when it crossed above $330, sold about 1/4 of my position on the rebound at about $1020 after the $1200 spike. At that point I owned about 220 BTC free and clear.
I've been accumulating, mostly in the 220 - 280 range during this extended correction.
Bitcoin is 2.6% of my net worth. Home equity is 70% Gold bullion 16% Silver bullion 7%
Of these I see the home equity as by far the most risky.
To those who are skeptical about Bitcoin I simply show them the charts and say, "Why has Bitcoin not died?"
I was at one of the early talks for Andreas A. He said that Bitcoin will either be worth nothing or worth a lot. I agree.
Now I see Bitcoin in the mainstream news every day. I also know that most of the wealth out there is an illusion. When the next financial crisis hits, people will be confronted with a critical need to sort out what wealth is an illusion and what wealth is real. I expect Bitcoin to come out of this chaos as a huge winner.
Which of these is not a bubble? #SPX
Check out peer to peer exchange activity per country on Local Bitcoins - charts
Impressive! Good to see
http://coin.dance/charts/
Also, here is a chart from Kenya
Impressive! Good to see
http://coin.dance/charts/
Also, here is a chart from Kenya
Why I think the Bitcoin price will skyrocket very soon
http://about.bitwa.la/this-is-why-i-think-the-bitcoin-price-will-skyrock-very-soon/
http://about.bitwa.la/this-is-why-i-think-the-bitcoin-price-will-skyrock-very-soon/
Senior finance officials and central bank governors from the Commonwealth are meeting on 6 October. The senior officials will look at maximising the potential of remittances, a significant source of external finance for many developing countries. In addition, they will consider the policy implications of falling energy prices. -
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
How is this related to Bitcoin bro ?
From the article:
Quote
Central bank governors will address the impact of tighter measures to prevent money laundering and terrorism financing on remittance flows. They will explore the possibility of using virtual or digital currencies such as Bitcoin as cost-effective alternatives to traditional money transfer channels.
Oh ok, thanks
Senior finance officials and central bank governors from the Commonwealth are meeting on 6 October. The senior officials will look at maximising the potential of remittances, a significant source of external finance for many developing countries. In addition, they will consider the policy implications of falling energy prices. -
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
How is this related to Bitcoin bro ?
From the article:
Quote
Central bank governors will address the impact of tighter measures to prevent money laundering and terrorism financing on remittance flows. They will explore the possibility of using virtual or digital currencies such as Bitcoin as cost-effective alternatives to traditional money transfer channels.
Senior finance officials and central bank governors from the Commonwealth are meeting on 6 October. The senior officials will look at maximising the potential of remittances, a significant source of external finance for many developing countries. In addition, they will consider the policy implications of falling energy prices. -
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
How is this related to Bitcoin bro ?
Senior finance officials and central bank governors from the Commonwealth are meeting on 6 October. The senior officials will look at maximising the potential of remittances, a significant source of external finance for many developing countries. In addition, they will consider the policy implications of falling energy prices. -
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
See more at: http://thecommonwealth.org/media/press-release/finance-ministers-focus-more-inclusive-approach-global-tax-reform#sthash.dbjIyHYs.dpuf
Speculators are important as anyone else in this ecosystem
http://blog.chain.com/post/105287860141/why-bitcoin-apps-and-bitcoin-speculators-need-each
http://blog.chain.com/post/105287860141/why-bitcoin-apps-and-bitcoin-speculators-need-each
The 21mm BTC Soft Cap
by TwoBitIdiot
https://medium.com/@twobitidiot/the-21mm-btc-soft-cap-71e14cd09946
Brings up some good points
More reason for lower prices? WHy? because a lot of parts of Bitcoin need to be fixed before price goes up substantially. It seems realty time is here and we got to sit and make it work. We got the attention (bitcoiners), now we got to show the world why this here a big deal.
by TwoBitIdiot
https://medium.com/@twobitidiot/the-21mm-btc-soft-cap-71e14cd09946
Brings up some good points
More reason for lower prices? WHy? because a lot of parts of Bitcoin need to be fixed before price goes up substantially. It seems realty time is here and we got to sit and make it work. We got the attention (bitcoiners), now we got to show the world why this here a big deal.
Commonwealth Central Bankers to Discuss Bitcoin's Role in Remittances
http://www.coindesk.com/commonwealth-central-bankers-to-discuss-bitcoins-role-in-remittances/?utm_content=buffer56004&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
http://www.coindesk.com/commonwealth-central-bankers-to-discuss-bitcoins-role-in-remittances/?utm_content=buffer56004&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Bitcoin adoption is bottom up. Creeps from the bottom up.
Here is a chart of a quiet revolution - bitcoins in Kenya volumes on localbitcoins.com
Note, this is just on the P2P exchange, there are 2 exchanges in the country with much larger volumes
current average daily volume of 8 BTC is around $2000 and spread out over 10-15 daily transactions.
growing rapidly
Here is a chart of a quiet revolution - bitcoins in Kenya volumes on localbitcoins.com
Note, this is just on the P2P exchange, there are 2 exchanges in the country with much larger volumes
current average daily volume of 8 BTC is around $2000 and spread out over 10-15 daily transactions.
growing rapidly
kewl beans, secret secret sneaky bitcoin adoption
Dutch Central Bank Research Head 'Not Opposed' to Bitcoin
http://www.coindesk.com/dutch-central-bank-research-not-opposed-bitcoin/?utm_content=buffer46090&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
http://www.coindesk.com/dutch-central-bank-research-not-opposed-bitcoin/?utm_content=buffer46090&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Fed Chair: Bitcoin's Popularity Unrelated to Central Bank Policy
http://www.coindesk.com/fed-chair-bitcoins-popularity-central-bank-sentiment/
Yellen
"We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy."
Can you believe this shit?
http://www.coindesk.com/fed-chair-bitcoins-popularity-central-bank-sentiment/
Yellen
"We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy."
Can you believe this shit?
"But a proof-of-work blockchain is only suitable as a distributed ledger for value that society is prepared to treat as a bearer asset."
No, Bitcoin is not the future of securities settlement
http://www.clearmatics.com/author/rms/
No, Bitcoin is not the future of securities settlement
http://www.clearmatics.com/author/rms/
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