Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18869.

Denker

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Activity: 1442

Merit: 1016

Quote from: GGALINff on May 09, 2016, 12:52:00 PM

Quote from: Denker on May 09, 2016, 12:10:21 PM

http://edition.cnn.com/2016/05/09/politics/donald-trump-national-debt-strategy/index.html

Trump: U.S. will never default 'because you print the money'

If he becomes president this could get really "funny".In that case I advise to buy moaaar bitcoins!!

this is even better:

http://finance.yahoo.com/news/study-sanders-economic-plan-piles-170219543.html

Yes this is worse.But how likely is it that Sanders will win the race against Clinton? Not that much likely if you ask me.
Therefore it will be Trump vs Clinton. And in the end it won't matter who will win, because printing the bills will continue.

Denker

legendary

Activity: 1442

Merit: 1016

Nope china doesn't want to move yet.
Under 3000CNY again.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: JayJuanGee on May 09, 2016, 12:32:41 AM

Quote from: European Central Bank on May 08, 2016, 08:21:45 PM

Quote from: Fakhoury on May 08, 2016, 08:16:05 PM

We are talking about $25K - $250K in the coming decade or so without taking into considerations non mathematical elements, am I right ?

This is theory and throwing figures around. What it truly requires is people. Alot of real people. Real people take alot of convincing and they usually don't do what you want them to.

I think that these kinds of discussions of market cap and which assets are comparable in terms of utility are good, whether we be talking about theory or throwing numbers around - because in the end, we cannot know for sure how it is going to play out, but throwing out the theories and numbers can help us to view possible areas and to conceptualize what is more possible or not... and as we go along, we will continue to have to tweak our view of bitcoin and it's future based on developments in the space, whether those developments expand or contract bitcoin's actual market share, usage and utility. $25k to $250k seems like reasonable possibilities in the coming 5-10 years - even if there may be some forces that continue to attempt to manipulate bitcoin down and to break it, possibilities of $25k to $250k seem reasonable(though certainly not inevitable - and that is where we have to account for the various forces that fight bitcoin in various ways that continue to make efforts to keep bitcoin down, and the downward force could also be explained by some attempts at downward speculation, even though downward speculation is not a complete explanation of downward price pressures, either).

If you truly believe that, and I believe you do + I am not saying you are wrong, why are you then still publicly trading for a few bucks profit per bitcoin? Is it the rush you are getting when the price runs away from you in either direction? Are you hedging against your own bullish judgement? This seems like a dangerous strategy believing what you are saying is sincere.

GGALINff

full member

Activity: 219

Merit: 100

Quote from: Denker on May 09, 2016, 12:10:21 PM

http://edition.cnn.com/2016/05/09/politics/donald-trump-national-debt-strategy/index.html

Trump: U.S. will never default 'because you print the money'

If he becomes president this could get really "funny".In that case I advise to buy moaaar bitcoins!!

this is even better:

http://finance.yahoo.com/news/study-sanders-economic-plan-piles-170219543.html

Denker

legendary

Activity: 1442

Merit: 1016

http://edition.cnn.com/2016/05/09/politics/donald-trump-national-debt-strategy/index.html

Trump: U.S. will never default 'because you print the money'

If he becomes president this could get really "funny".In that case I advise to buy moaaar bitcoins!!

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: molecular on May 09, 2016, 08:35:15 AM

what's wrong with this thread?

Further up there was a page of fruitful, interesting and polite conversation.

Am I on the wrong forum?

Yeah, apparently now this is some kind of biology forum. I expect cytoarchitectonics to be explained next.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: LFC_Bitcoin on May 09, 2016, 11:39:39 AM

We've had a fair few pumps to over 465 USD that have crashed back down to below 450 USD. Lets stay calm, I'm not getting excited yet.

Yes you're right!
But it's great to see that china is able to break the 3000 CNY.Let's hope it's not just for short.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: LFC_Bitcoin on May 09, 2016, 11:39:39 AM

We've had a fair few pumps to over 465 USD that have crashed back down to below 450 USD. Lets stay calm, I'm not getting excited yet.

A fair few? This year all I see are once in early January and once on April27.

That said, I agree it's too early to get excited yet.
_______

Meanwhile the Bitcoinaverage CAD spot price is back up over $600. I know this is the USD/BTC thread but we Canucks can consider this a landmark of sorts. We still make most of our purchases and payments in CAD and I certainly paid for my bitcoins with CAD. Next stop: $700.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

We've had a fair few pumps to over 465 USD that have crashed back down to below 450 USD. Lets stay calm, I'm not getting excited yet.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: becoin on May 09, 2016, 10:58:32 AM

Quote from: adamstgBit on May 09, 2016, 10:30:20 AM

Quote from: becoin on May 09, 2016, 10:23:17 AM

Quote from: European Central Bank on May 09, 2016, 09:34:12 AM

Quote from: becoin on May 09, 2016, 09:30:28 AM

Quote from: podyx on May 09, 2016, 09:00:55 AM

Everyone knows we're heading for the moon as soon as we climb.

What's the deal with just sitting around and waiting? Get us up dammit

Margin trading means you can sell bitcoins without having a single bitcoin. Banks with unlimited access to freshly printed dollars by Fed printing press can sell bitcoins and manipulate price as they wish. It is the same price manipulation of gold and silver we see for many years. This is why derivatives books of leading banks are of gigantic proportions. This is the way it will be until corrupt fiat system collapses. And collapse will be spectacular.

Is there a single exchange that offers margin that would ever be legit enough for a bank to have a play? I don't know of one. All the fancy ones in the US with proper licences don't offer it.

There re many bitcoin exchanges that offer margin tarding. Not sure what do you mean by 'legit enough'?

there is not enough liquidity in any of these exchanges for banks to start margin trading.

try and open 5 million$ worth of shorts, you'll drive up the cost of borrowing to astronomical levels.

Why do you think borrowing 11000 bitcoins will drive up the cost of borrowing to astronomical levels?

looks like i was wrong.
there seems to be pretty damn good liquidity for margins on bitfinex.

podyx

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Activity: 2338

Merit: 1035

To the moon gentlemen

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: inca on May 09, 2016, 11:15:10 AM

Quote from: DaRude on May 09, 2016, 11:09:26 AM

And just like that 3000CNY is behind us

Hold on there grasshopper. When we take 471 we can say that 3000 is behind us

###

exactly

inca

legendary

Activity: 1176

Merit: 1000

Quote from: DaRude on May 09, 2016, 11:09:26 AM

And just like that 3000CNY is behind us

Hold on there grasshopper. When we take 471 we can say that 3000 is behind us

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

And just like that 3000CNY is behind us

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: adamstgBit on May 09, 2016, 10:30:20 AM

Quote from: becoin on May 09, 2016, 10:23:17 AM

Quote from: European Central Bank on May 09, 2016, 09:34:12 AM

Quote from: becoin on May 09, 2016, 09:30:28 AM

Quote from: podyx on May 09, 2016, 09:00:55 AM

Everyone knows we're heading for the moon as soon as we climb.

What's the deal with just sitting around and waiting? Get us up dammit

Margin trading means you can sell bitcoins without having a single bitcoin. Banks with unlimited access to freshly printed dollars by Fed printing press can sell bitcoins and manipulate price as they wish. It is the same price manipulation of gold and silver we see for many years. This is why derivatives books of leading banks are of gigantic proportions. This is the way it will be until corrupt fiat system collapses. And collapse will be spectacular.

Is there a single exchange that offers margin that would ever be legit enough for a bank to have a play? I don't know of one. All the fancy ones in the US with proper licences don't offer it.

There re many bitcoin exchanges that offer margin tarding. Not sure what do you mean by 'legit enough'?

there is not enough liquidity in any of these exchanges for banks to start margin trading.

try and open 5 million$ worth of shorts, you'll drive up the cost of borrowing to astronomical levels.

Why do you think borrowing 11000 bitcoins will drive up the cost of borrowing to astronomical levels?

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Good morning Bitcoinland.

More sideways around $460? At least we survived the weekend unscathed.

It's time to get this thing movin' on up.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: becoin on May 09, 2016, 10:23:17 AM

Quote from: European Central Bank on May 09, 2016, 09:34:12 AM

Quote from: becoin on May 09, 2016, 09:30:28 AM

Quote from: podyx on May 09, 2016, 09:00:55 AM

Everyone knows we're heading for the moon as soon as we climb.

What's the deal with just sitting around and waiting? Get us up dammit

Margin trading means you can sell bitcoins without having a single bitcoin. Banks with unlimited access to freshly printed dollars by Fed printing press can sell bitcoins and manipulate price as they wish. It is the same price manipulation of gold and silver we see for many years. This is why derivatives books of leading banks are of gigantic proportions. This is the way it will be until corrupt fiat system collapses. And collapse will be spectacular.

Is there a single exchange that offers margin that would ever be legit enough for a bank to have a play? I don't know of one. All the fancy ones in the US with proper licences don't offer it.

There re many bitcoin exchanges that offer margin tarding. Not sure what do you mean by 'legit enough'?

there is not enough liquidity in any of these exchanges for banks to start margin trading.

try and open 5 million$ worth of shorts, you'll drive up the cost of borrowing to astronomical levels.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: European Central Bank on May 09, 2016, 09:34:12 AM

Quote from: becoin on May 09, 2016, 09:30:28 AM

Quote from: podyx on May 09, 2016, 09:00:55 AM

Everyone knows we're heading for the moon as soon as we climb.

What's the deal with just sitting around and waiting? Get us up dammit

Margin trading means you can sell bitcoins without having a single bitcoin. Banks with unlimited access to freshly printed dollars by Fed printing press can sell bitcoins and manipulate price as they wish. It is the same price manipulation of gold and silver we see for many years. This is why derivatives books of leading banks are of gigantic proportions. This is the way it will be until corrupt fiat system collapses. And collapse will be spectacular.

Is there a single exchange that offers margin that would ever be legit enough for a bank to have a play? I don't know of one. All the fancy ones in the US with proper licences don't offer it.

There re many bitcoin exchanges that offer margin tarding. Not sure what do you mean by 'legit enough'?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Paashaas on May 09, 2016, 09:27:53 AM

Segwitt + halving + lightning network or other sidechains + those other bullish news from the pas 1-2 years. All of that wil trigger a new massive bull run.

i think these things are not priced in properly
with the classic vs core war that had been ( and i guess continues to ) playing out.
poeple are not so much pricing in Segwitt and LN as they are pricing in the bearish classic vs core war thing.
ex. when mike herrin rage quit saying" bitcoin is busted " that was a pretty big blow, there have been many many drops caused by this big block vs small block thing.
despite this "war" market has managed to keep its head above the water.
I really dont think the positive effects segwit +LN will have on the network have been considered by market.
once we see segwit get adopted and sundly blocks aren't crazy full anymore and useful applications of LN start being used ( ex payment channels creating an instant way to transfer bitcoin to and from all exchanges? )
we're going to have a MASSIVE bump, possibly break ATH, and fly away.

European Central Bank

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Quote from: becoin on May 09, 2016, 09:30:28 AM

Quote from: podyx on May 09, 2016, 09:00:55 AM

Everyone knows we're heading for the moon as soon as we climb.

What's the deal with just sitting around and waiting? Get us up dammit

Margin trading means you can sell bitcoins without having a single bitcoin. Banks with unlimited access to freshly printed dollars by Fed printing press can sell bitcoins and manipulate price as they wish. It is the same price manipulation of gold and silver we see for many years. This is why derivatives books of leading banks are of gigantic proportions. This is the way it will be until corrupt fiat system collapses. And collapse will be spectacular.

Is there a single exchange that offers margin that would ever be legit enough for a bank to have a play? I don't know of one. All the fancy ones in the US with proper licences don't offer it.

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