Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22636. (Read 26706913 times)
March 03, 2015, 04:33:10 PM
Boom! $294 @ Finex
March 03, 2015, 04:32:21 PM
Can a person that calls state a "stationary bandit" be dreaming of a state?
I'll start with the brief version: the sentiment communicated in the sentence I have marked with bold is illogical. It either means that you are an anarchist (left or right, one is dumber, both are illogical), or a liberal (don't start with faux inventive american term: libertarian) who can't grasp that the state plays a vital role in protecting those liberal rights, or you are someone who is anti-politics with strong political opinions.Do you need more? Have I misunderstood something?
My claim was that based on my experience with you I cannot assume that there is a logical consistency behind what you are saying. What I was trying to show in the last post was why. Either you got lost trying to figure out what logic is, or you don't want to share with me which one of the three types of illogical political leanings you have. Or maybe there is a fourth that I haven't thought of. No moves, just curious.
March 03, 2015, 04:27:53 PM
buying volumes are declining. Over bought territory. I believe it is time for bulls to take profit and bears to start shorting
March 03, 2015, 04:24:30 PM
[...]
Hey, have a small favor to ask: I don't have you on ignore because I strictly try to limit the number of people who are on that list, but I do have to say, your posts are kind of worthless, so... could you maybe just stop posting? Yeah, that'd be just fantastic. k, thanks
March 03, 2015, 04:20:53 PM
Where the trolls at?
I fill in as a temp.
Oh you foolish bitcoiners... your mother was a hamster and your father smells of elderberries!!!
Oh, and your nan eats lavender bulbs, while teaching a pink elephant to belly dance. Yeah.
Admittedly it was written by gods:
https://www.youtube.com/watch?v=cAy4zULKFDU
March 03, 2015, 04:18:53 PM
Where the trolls at?
I fill in as a temp.
Oh you foolish bitcoiners... your mother was a hamster and your father smells of elderberries!!!
...this is actually better troll content than we're used to. Careful, you might end up with a permanent position with that kind of output.
I heard they get payed as much as 50 cents a day!!! Woohoooo!! A new world opens up to me!
March 03, 2015, 04:17:50 PM
Where the trolls at?
I fill in as a temp.
Oh you foolish bitcoiners... your mother was a hamster and your father smells of elderberries!!!
Oh, and your nan eats lavender bulbs, while teaching a pink elephant to belly dance. Yeah.
March 03, 2015, 04:15:14 PM
Where the trolls at?
Sweaty, Sidney Greenstreet-type offshore banker: "I'm sorry, I can't divulge any information about that client's secret, illegal account" (hangs up) Oh crap! I shouldn't have said he was a customer. Oh crap! I shouldn't have said it was a secret! Oh crap! I certainly shouldnt' have said it was illegal. Ah, it's too hot today."
aaaahhhh the simpsons... easing the pain....
I have often thought of this simpsons scene when thinking of how/when the feds will be trying to chase down the BTC trails and transactions. makes me laugh every time.
March 03, 2015, 04:14:29 PM
Meanwhile LTC creeps back toward $2. Seems that it will rally along with BTC this time.
LTC is losing value compared to BTC. The dollar value of LTC is irrelevant because you could hold BTC instead of LTC.
March 03, 2015, 04:14:18 PM
March 03, 2015, 04:13:59 PM
Can a person that calls state a "stationary bandit" be dreaming of a state?
I'll start with the brief version: the sentiment communicated in the sentence I have marked with bold is illogical. It either means that you are an anarchist (left or right, one is dumber, both are illogical), or a liberal (don't start with faux inventive american term: libertarian) who can't grasp that the state plays a vital role in protecting those liberal rights, or you are someone who is anti-politics with strong political opinions.Do you need more? Have I misunderstood something?
My claim was that based on my experience with you I cannot assume that there is a logical consistency behind what you are saying. What I was trying to show in the last post was why. Either you got lost trying to figure out what logic is, or you don't want to share with me which one of the three types of illogical political leanings you have. Or maybe there is a fourth that I haven't thought of. No moves, just curious.
March 03, 2015, 04:08:33 PM
Meanwhile LTC creeps back toward $2. Seems that it will rally along with BTC this time.
March 03, 2015, 04:05:13 PM
I have been buying constantly with every paycheck the last 10 months, and made a big buy two weeks ago.
And now, I just discovered: I'm almost break even!!!!
And now, I just discovered: I'm almost break even!!!!
Nå begynner moroa
March 03, 2015, 04:03:49 PM
Where the trolls at?
You have them all on ignore since you can't put up with them.
Will you start another round of crying when this suckers rally has finished and the new lows are coming?
March 03, 2015, 04:02:45 PM
I have been buying constantly with every paycheck the last 10 months, and made a big buy two weeks ago.
And now, I just discovered: I'm almost break even!!!!
And now, I just discovered: I'm almost break even!!!!
Nå begynner moroa
March 03, 2015, 04:00:29 PM
I have been buying constantly with every paycheck the last 10 months, and made a big buy two weeks ago.
And now, I just discovered: I'm almost break even!!!!
And now, I just discovered: I'm almost break even!!!!
March 03, 2015, 03:59:17 PM
March 03, 2015, 03:58:47 PM
enabled.
BIT investors have been barred from selling their shares to other people since the beginning. The listing on OTCQX and the possibility OTC trading of the shares (only those older than 12 months) does not directly cause buying or selling of BTC by the fund. However, if the BIT shares get traded at significantly more than their nominal value (the market price of 0.1 BTC), BIT may buy more BTC and issue more shares to sell to the brokers. Conversely, if the BIT shares get traded at significantly less than their nominal value, BIT may buy back those shares from the brokers and sell the corresponding BTC.
BIT investors have been barred from selling their shares to other people since the beginning. The listing on OTCQX and the possibility OTC trading of the shares (only those older than 12 months) does not directly cause buying or selling of BTC by the fund. However, if the BIT shares get traded at significantly more than their nominal value (the market price of 0.1 BTC), BIT may buy more BTC and issue more shares to sell to the brokers. Conversely, if the BIT shares get traded at significantly less than their nominal value, BIT may buy back those shares from the brokers and sell the corresponding BTC.
The last paragraph is incorrect. You are right that BIT is taking advantage of an exemption that allows unregistered shares to be sold without restriction (i.e. to the "public") after they have been held for a year. But this means that the arbitrage method you mention by BIT cannot work. If they buy more bitcoin and issue shares, whether to brokers or otherwise, those shares will not qualify for the 12 month exception, and cannot be sold to the "public." (They could potentially be sold to other accredited investors if permitted by the fund.)
The BIT fund will be more comparable to a closed end fund, than a mutual fund or ETF. Mutual funds and ETFs have mechanisms to expand or contract their assets based on supply and demand of shares, meaning the NAV and the public price are usually quite tight. Closed end funds do not, shares are issued in one or more transactions, and then resold in the public market. They can therefore trade at material discounts or premiums to their NAVs.
Oops, thanks for the correction.
March 03, 2015, 03:54:11 PM
target for a pullback 277-280.
I may be sleeping through that one though.
I may be sleeping through that one though.
March 03, 2015, 03:53:28 PM
Where the trolls at?
I fill in as a temp.
Oh you foolish bitcoiners... your mother was a hamster and your father smells of elderberries!!!
...this is actually better troll content than we're used to. Careful, you might end up with a permanent position with that kind of output.
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