Pages:
Author

Topic: Rally!!!!! (Read 31586 times)

legendary
Activity: 1458
Merit: 1006
April 04, 2017, 05:37:35 AM

We made it. Bitcoin is dead. New ATH this year! (Quote me.)


New ATHs across the board as of January 04 2017.

I hope no one minds me bumping this thread.

Grrr! Grin
legendary
Activity: 1358
Merit: 1016
February 23, 2017, 06:29:54 AM
I hope no one minds me bumping this thread.
legendary
Activity: 1458
Merit: 1006
January 05, 2017, 10:39:36 PM

We made it. Bitcoin is dead. New ATH this year! (Quote me.)


Guess I was wrong but in the best kind of way. Cheesy

New ATHs across the board as of January 04 2017.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 31, 2015, 08:00:49 PM
2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)
A'ight bitch, you're quoted.  Are you laying money on this prediction??
legendary
Activity: 1458
Merit: 1006
December 31, 2015, 07:57:06 PM
2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)
legendary
Activity: 1458
Merit: 1006
December 21, 2015, 08:42:37 AM
legendary
Activity: 1358
Merit: 1016
December 09, 2015, 05:16:43 PM
Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.

I'd say us UK folk are letting the side down a bit. Shame on us
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
December 09, 2015, 04:36:15 PM
I lost money in the rally earlier this year, and I'm sure I'll figure out a way to lose money in this one.  It never fails.
member
Activity: 179
Merit: 27
December 09, 2015, 04:24:52 PM
Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.
legendary
Activity: 1458
Merit: 1006
December 08, 2015, 12:56:08 PM
via /r/bitcoinmarkets: Why would China boost the price while others don't?

https://www.reddit.com/r/BitcoinMarkets/comments/3vvw48/daily_discussion_tuesday_december_08_2015/cxrjeww

Quote

Money is flying out of China

CNNMoney New York December 7, 2015: 6:09 PM ET

On Monday, China's central bank reported $3.4 trillion in foreign exchange reserves, the lowest level since early 2013. November was one of the biggest drops ever.

Many investors are trying to get at least some of their money out of the country. Many Chinese see better opportunities abroad, whether it's real estate in New York or London, pricey art, or stocks and bonds in other countries.

Exact data is hard to come by from China, but Capital Economics forecasts that November set a record for people moving money out of China -- so-called capital outflows.

"Today's data suggest that capital outflows picked up sharply last month," says Julian Evans-Pritchard, chief China economist for research firm Capital Economics.

All the evidence suggests that money has been flowing out of the country at a rapid pace since August when China stunned the world with a surprise devaluation of its currency, the yuan.

The Chinese government simply declared that all of a sudden, the yuan was worth less.

That caused a major selloff in the Chinese stock market and worries that China's economy is slowing down even more than the government is letting on.

When money leaves China, it means people are trading their yuan for dollars, euros and other currency. That makes the yuan fall even further in value.


(...)


http://money.cnn.com/2015/12/07/news/economy/china-foreign-exchange-reserves-shrinking/
legendary
Activity: 1442
Merit: 1016
December 08, 2015, 11:50:50 AM

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/



Thanks for that link.
Pretty interesting to see these charts.However it's a pitty that they are in shown in local currencies.
Most of these charts saw a massive growth with this year. Biggest exception is Japan. Reason still might be the Mt.Gox debacle.
End it's great to see the growth in russia although the government is absolutely against BTC. Grin
legendary
Activity: 1458
Merit: 1006
December 08, 2015, 10:45:20 AM

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/

legendary
Activity: 1204
Merit: 1002
November 14, 2015, 04:48:08 PM
Gemini then "reversed" that trade.

"Trade reversal decisions are made fully at the discretion of Gemini management" - Gemini

Since this is a New York State regulated exchange, if this cost you money you can complain to the New York State Department of Financial Services. See their rules.. Gemini doesn't necessarily get to do what they want.

NASDAQ has explicit rules on trades far from the previous price. If an order is executed at more than 3% to 10% from the "reference price", it can be undone.
legendary
Activity: 1512
Merit: 1012
November 14, 2015, 01:17:45 PM
well, all exchange have this problem at the beginning ... and after ... and after ...
legendary
Activity: 1204
Merit: 1002
November 14, 2015, 04:10:56 AM
And now, after those insane prices on low volume, Gemini says:



These guys were supposed to be pros. They were supposed to have enough capital involved to make a market. Yeah, right.
legendary
Activity: 1458
Merit: 1006
November 13, 2015, 11:31:39 PM
we seem to be recovering a little, but we have yet to deceptively break $350 again.

once we do though i'm pretty sure we will shoot straight for the ATH this time.

dude....



via: https://www.reddit.com/r/btc/comments/3sqifj/wtf_is_happening_at_gemini/

new all time high. (on low volume.)
legendary
Activity: 1106
Merit: 1005
November 13, 2015, 08:04:57 PM
we seem to be recovering a little, but we have yet to deceptively break $350 again.

once we do though, i'm pretty sure we will shoot straight for the ATH this time.
Pab
legendary
Activity: 1862
Merit: 1012
November 13, 2015, 07:43:46 PM
Quote from:  Reuters
REUTERS | Biting back: Bitcoin heads for best month in 1-1/2 yrs

By Jemima Kelly Oct 30 (Reuters) -

Bitcoin has just recorded its best month since May 2014, stealing the spotlight away from the blockchain technology that underpins it and which has been attracting investment from almost every major bank in the world.

An investor in bitcoin at the start of October would have enjoyed a return of over 36 percent, dwarfing the return of about 2 percent that the dollar racked up for its holders.

The web-based currency surged to its highest this year on Friday, hitting $334.05 on the Bitstamp exchange on its ninth successive day of gains, its best run in over two years.

Bitcoin is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification. That has made it controversial, but also attractive, to users ranging from drug dealers to those trying to circumvent capital controls in Greece and China.

Some bitcoin traders speculate that the latter might be partly responsible for the digital currency's latest surge. Most trading in the past month has come from Chinese bitcoin exchanges, according to Bitcoinity.org, though the accuracy of the Chinese exchanges' data is questioned.

"At a time of central bank currency devaluations, direct and indirect, and with gold's directionless behaviour over the last two years ... bitcoin is increasingly viewed and marketed as a possible investable vehicle," said London-based trader Ashraf Laidi, who invests in both fiat currencies and bitcoin.

Bitcoin is often dismissed as too volatile to invest in, having soared towards $1,200 in late 2013 before sliding to below $400 less than a month later, but it has stabilised this year.

"What I'm happy about so far is that the price run-up hasn't been overly dramatic or disorganised," said Peter Smith, CEO of Blockchain, a bitcoin "wallet" or storage provider, which shares its name with the technology.

EU RULING

Last week the European Union's top court ruled that bitcoin should be treated like any other means of payment and therefore be exempt from value-added tax - a decision many in the industry say helped push up bitcoin's price.

"It just makes bitcoin a lot more usable as a currency in Europe and also provides a lot of clarity to people who are speculating and trading in it," said Tom Robinson, co-founder of London-based bitcoin storage firm Elliptic.

Another reason for the price surge might be that bitcoin supply is set to grow more slowly.

The blockchain is secured by a network of computers that compete with each other to solve mathematical problems for a reward. That is currently 25 bitcoins every 10 minutes, but that will be halved to 12.5 bitcoins next year.

In the same way that scaling back quantitative easing would prop up a traditional fiat currency, bitcoin could be boosted by the conventional economics of supply and demand.

Although many say the technology behind bitcoin holds more potential than bitcoin itself and can function without it, bitcoiners argue that the blockchain supporting the currency is the only one to have been properly tested.

An increased focus on the technology is helping prop up the price, they say.

"The idea of blockchain and bitcoin are completely inseparable," said Michael Sonnenshein, a former JPMorgan banker who is now head of business development at Grayscale Investments, a New York-based bitcoin investment firm.

"The blockchain is only as secure and as powerful as it is because there is this constant movement of tokens (bitcoins) on the blockchain." (Reporting by Jemima Kelly; Editing by Tom Heneghan)

http://www.reuters.com/article/2015/10/30/global-markets-bitcoin-idUSL8N12R3NQ20151030

Expect to see this story reprinted in hundreds of local newspapers.

Nice article,best possible marketing for bitcoin,not only price but also EU legislations and some short info about btc
Milions of people were  reading that
legendary
Activity: 1358
Merit: 1016
November 13, 2015, 05:05:05 PM
Pages:
Jump to: