Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22724. (Read 26715440 times)
March 01, 2015, 04:20:20 PM
News travels fast, even on a Sunday.
March 01, 2015, 04:19:27 PM
8000 coins dumped and we end up within $3 in hours... bullish.
March 01, 2015, 04:18:38 PM
Is it moon time yet?? 
March 01, 2015, 04:15:15 PM
shorts better get your fill soon
March 01, 2015, 04:10:18 PM
Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ?
How does such an oversimplifying way to look at economic choice even go together with your ability to solve abstract mathematical problems?Okay. To name just one objection to such an incredibly naive model of the market:
Misrepresentation of your actual valuation for strategic purposes.
Similar to the misrepresentation, "tactical voting", in voting theory: sometimes it is individually rational for an actor not to cast a vote according to his sincere preference.
Are we sure that this is the real Jorge Stolfi? Maybe the real Jorge Stolfi is a reasoned and thoughtful person who knows what he's talking about. Maybe we are contributing to damaging his good name and reputation by arguing with this imposter. Brazil can't be that desperate.
I've been in contact with the actual Jorge Stolfi--he himself disavows any knowledge of the imposter here who spends his days arguing with kids about Bitcoin, and whose posts coincidentally occur near the end of "troll waves" where all the trolls and their sock puppets quote each other to reinforce a point.
March 01, 2015, 04:09:40 PM
forget winkletwin ETF, we now have an approved bitcoin OTC tradeable fund
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
moon
I think we now know what Barry meant by this:
https://twitter.com/barrysilbert/status/568030628400238592
March 01, 2015, 04:07:26 PM
forget winkletwin ETF, we now have an approved bitcoin OTC tradeable fund
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
moon
March 01, 2015, 04:05:33 PM
Bitcoin Investment Trust Gets Finra’s OK to Become Public Bitcoin Fund
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
CFR
Bitcoin for the Unbanked
Cryptocurrencies That Go Where Big Banks Won’t
http://www.foreignaffairs.com/articles/143162/paul-vigna-and-michael-j-casey/bitcoin-for-the-unbanked
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
CFR
Bitcoin for the Unbanked
Cryptocurrencies That Go Where Big Banks Won’t
http://www.foreignaffairs.com/articles/143162/paul-vigna-and-michael-j-casey/bitcoin-for-the-unbanked
March 01, 2015, 04:05:13 PM
forget winkletwin ETF, we now have an approved bitcoin OTC tradeable fund
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094
This story getting legs now
March 01, 2015, 03:59:24 PM
March 01, 2015, 03:54:33 PM
The Darkness is coming for Bitcoin...
Actually we should be posting that in your thread.
oh god this coin still exist
Actually we should be posting that in your thread.
epic pumpndump
e: http://youtu.be/3gfntBEI3Aw
March 01, 2015, 03:50:47 PM
The Darkness is coming for Bitcoin...
Actually we should be posting that in your thread.
oh god this coin still exist
Actually we should be posting that in your thread.
March 01, 2015, 03:46:17 PM
gbianchi : interesting work. Have you tried the same analysis with total bitcoin market value (also called market cap) instead of price, i.e. would be just price times number of coins issued?
March 01, 2015, 03:41:04 PM
Nice to see some cerebral discourse in here. Much more interesting to read. If this is what happens on slow, steady bullish type runs...please continue the trend Bitcoin
March 01, 2015, 03:36:44 PM
10k sale volume on bitcoin during a sunday morning and the market just laughed it off?
A little.
March 01, 2015, 03:35:41 PM
10k sale volume on bitcoin during a sunday morning and the market just laughed it off?
March 01, 2015, 03:14:30 PM
Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ?
How does such an oversimplifying way to look at economic choice even go together with your ability to solve abstract mathematical problems?Okay. To name just one objection to such an incredibly naive model of the market:
Misrepresentation of your actual valuation for strategic purposes.
Similar to the misrepresentation, "tactical voting", in voting theory: sometimes it is individually rational for an actor not to cast a vote according to his sincere preference.
He is basically right this time. Since bitcoins are neither produced not destroyed (by consumption), the only basis for demand is people who think it is worth more, and the only source of supply is people who think it is worth less. Historic value could for some be of importance, but should not, again since they are not consumable there is no reference. Only expected future value should matter. Just like cold and heat, where cold is just absence of heat, and darkness and light, where darkness is just absense of light, bitcoin supply is the same as absence of demand. So in case of bitcoin (and other pure money types), there is really only one parameter: The demand.
The speculation is about projecting the demand for bitcoins in the future. Those never exposed to the idea are one source of future demand.
This not correct whatsoever, because future value is discounted by time preference.
March 01, 2015, 03:06:11 PM
March 01, 2015, 02:59:28 PM
March 01, 2015, 02:16:43 PM
Nearly there..
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