Topic: Rally!!!!! - page 19. (Read 81262 times)
It will be a market regulated by strictly market consumers i.e. a free market. I already told you free doesn't mean anything goes. Free means no rulers imposing arbitrary rules through violence.
I don't... YET.
Just like in the physical world where we do have the identities of all participants (for the vast majority anyway), if the need arises, the market will provide this service in the online world.
Here's a friendly advice, don't pretend to be smarter then the market, because you're not, no one is.
Just like in the physical world where we do have the identities of all participants (for the vast majority anyway), if the need arises, the market will provide this service in the online world.
Here's a friendly advice, don't pretend to be smarter then the market, because you're not, no one is.
You make no sense yet again. I don't understand how you can be so naive to think that you can cause trouble in a market and somehow escape your now damaged reputation by simply switching to a different market.
It's a two way street, what part of this don't you understand?
It's a two way street, what part of this don't you understand?
What you fail to account for is the fact that if they abused this leverage the other participants on the open exchanges would punish them eventually by refusing to do business with them. In other words you fail to realize this market regulated by strictly market consumers i.e. a free market is always a two way street.
The free market is a myth.
I'm sorry but you are making zero sense.
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
ETA: Not to say I'm not bullish short-term.
Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating?
Interesting definition...
http://en.wikipedia.org/wiki/Free_market
A free market is not necessarily a fair market.
Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully.
A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is.
Actually, not everyone gets to choose which markets they participate in. The situation we have is that very wealthy participants get to choose between all markets, and they collude to exclude most people from participating in all the same markets they do. This gives them more leverage in the 'retail' markets compared to the average market participant.
In short, consumers get what they are handed. They get to participate 'freely' in a small subset of markets...
I don't really understand how you think you argued against anything I stated. If you can't participate, you aren't a consumer in that market by definition, but the market is still regulated strictly by it's consumers, whether that's limited to only people who can afford to participate is irrelevant or are you suggesting to force people to make participation affordable to everyone?
In other words you aren't a consumer in a market if you can't afford to be a consumer in that market.
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
ETA: Not to say I'm not bullish short-term.
Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating?
Interesting definition...
http://en.wikipedia.org/wiki/Free_market
A free market is not necessarily a fair market.
Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully.
A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is.
Actually, not everyone gets to choose which markets they participate in. The situation we have is that very wealthy participants get to choose between all markets, and they collude to exclude most people from participating in all the same markets they do. This gives them more leverage in the 'retail' markets compared to the average market participant.
In short, consumers get what they are handed. They get to participate 'freely' in a small subset of markets...
+1
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
ETA: Not to say I'm not bullish short-term.
Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating?
Interesting definition...
http://en.wikipedia.org/wiki/Free_market
A free market is not necessarily a fair market.
Adam Smith had some recommendations for the fair and sustainable operation of markets, including regulation against collusion and monopolies. Yeah—we are not doing that successfully.
A free market in reality isn't really free (as in anything goes kind of free), but rather it's a market regulated by strictly market consumers therefor it's up to the consumers what kind of a market a "free" market really is.
To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
GO GO GO !!!
You first.
Yeah, Im all in already. Just waitin for you!
I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime.
That's how David Morgan and others suggest to buy silver. Silver is comparable to bitcoin, because it's scarce commodity with a highly volatile market (that is being "manipulated", whatever that means). I think buying some at regular intervals can be a good acquisition strategy.
Dollar cost averaging FTW !
To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
GO GO GO !!!
You first.
Yeah, Im all in already. Just waitin for you!
I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime.
That's how David Morgan and others suggest to buy silver. Silver is comparable to bitcoin, because it's scarce commodity with a highly volatile market (that is being "manipulated", whatever that means). I think buying some at regular intervals can be a good acquisition strategy.
To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
GO GO GO !!!
You first.
Yeah, Im all in already. Just waitin for you!
I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime.
Just make sure you get out before 7.00$ or 6.90$, because there will be some resistance and I doubt we are breaking it in the first attempt. Rebuying thereafter probably makes sense in the 6.4$-6.5$ area. After 7.00$ its all easy going all the way to till we show first signs of exhaustion. Maybe around 9-10$? We ll see.
If we cant break 6.6$ with the next attempt, we probably will hit it again in 1 or 2 weeks. If it doesnt break: RALLY OVER!
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
ETA: Not to say I'm not bullish short-term.
Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating?
Interesting definition...
http://en.wikipedia.org/wiki/Free_market
To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
GO GO GO !!!
You first.
Yeah, Im all in already. Just waitin for you!
I've been all in for a few months now, and over the past few weeks I've been buying modest sums fairly regularly on the exchanges. 20BTC here, 40BTC there. I'll probably pick up another 40-50 or so this week sometime.
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
ETA: Not to say I'm not bullish short-term.
Okay, so its not a 'free market at work' because there happen to be only one or a few high net worth individuals participating?
Interesting definition...
Don't forget, there was a $40k wall which sparked the rally out of $5, and enormous walls have been going up and down since -- this isn't organic.
LOL. I dont have that much money, therefor it is not organic...
So for non SEPA users MtGox withdrawals would be slower then?
Are MtGox SEPA withdrawls slower?
I dont have the answers.
My MtGox SEPA withdrawal took 10 calendar days. (Person-to-person usually takes at most 2 working days) Are MtGox SEPA withdrawls slower?
I dont have the answers.
So for non SEPA users MtGox withdrawals would be slower then?
Are MtGox SEPA withdrawls slower?
I dont have the answers.
Are MtGox SEPA withdrawls slower?
I dont have the answers.
If you come to #bitcoin-otc on IRC, people are usually willing to buy or sell mtgox USD for bank wire or other payment methods. Might help anyone out who needs cash quickly and can't wait for a mtgox withdrawal.
Hmm one just will have to wait for the bank wire then to go through.
Is that really quicker then waiting for the bank wire from MtGox? (except u are one of the Dwolla victims!)
I bought mtgox USD a couple of times from someone for a SEPA (european wire transfer). The SEPA arrived the next day every time.
To continue this rally all we need is another high above 6.6$.
GO GO GO !!!
GO GO GO !!!
You first.
Yeah, Im all in already. Just waitin for you!
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