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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28815. (Read 26707113 times)

full member
Activity: 196
Merit: 100
Quote
Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.
Quote
Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).
hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.

I think deep down in their hearts they already begin to feel that the triumph of bitcoin can't be stopped. It's a battle they're destined to lose.
So they start trolling and spreading misinformation. Classic!
hero member
Activity: 841
Merit: 1000
Quote
Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.
Quote
Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).
hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.
legendary
Activity: 1470
Merit: 1007

http://www.bloomberg.com/news/2014-03-17/fortress-linked-pantera-said-to-invest-in-top-bitcoin-exchange.html

http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/

You know, this will take some time before it will influence price. It's not the bullish equivalent to a flash crash event... what I mean is, I'm not expecting price to turn around 180 degree tomorrow.

But this combination of solid 'old' money chasing the new one, not just the size of the Pantera/Fortress fund at registration, but also that little nugget about Bitstamp, makes me pretty confident that those scenarios we discuss here once in a while, like yesterday, those that paint the picture of a painfully drawn-out bear market that can last several more months to a year (you know the people who see it like that, Mat, or Lucif) simply are not a realistic option anymore.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 378
Merit: 254
Beads?  Or... Prince Rupert's Drops!

legendary
Activity: 2212
Merit: 1199
Today price boring again ... but I feel storm is comming :-)
legendary
Activity: 1680
Merit: 1014
Hmm... They forget that gold had been used as money without any specific issuer. There were gold coins printed by this and that city state, but that was the function of ensuring that the gold pieces were not fake alloys. No one central authority said how much a gold piece was to be worth. In digital world this function is taken over by cryptographic signing.
legendary
Activity: 2324
Merit: 1125
game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

The banks really start to feel threatened by bitcoin. That's a good sign  Wink

Well ...

Quote
Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.

Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).
hero member
Activity: 703
Merit: 502
game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/

 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

Glass beads were used for currency for longer than the USD has existed Smiley   - which is more legitimate?
full member
Activity: 196
Merit: 100
game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

The banks really start to feel threatened by bitcoin. That's a good sign  Wink
member
Activity: 87
Merit: 10
600 support wall increased from 900 to 1500BTC, finally building up ?
hero member
Activity: 910
Merit: 1003
Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.
a classic buy the rumor sell the news type deal.
Catalog example Cheesy
Dump happened like half an hour before LTC going live on Huobi, lol
Well, the situation may not be so simple. LTC trading on Huobi may have made a difference if the fees and other facilities are different from those of other exchanges, or if they have lazy/loyal customers who would trade LTC but not on a different exchange.

I understood (through Google translate) that Huobi had some special one-time offer to encourage LTC trading. Does anyone know for sure?

(The bitcoin press, like Coindesk, should have thoroughly analyzed those details beforehand for their readers.  But they barely acknowledge that China exists...)
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy
legendary
Activity: 2338
Merit: 2106
game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin
legendary
Activity: 2772
Merit: 1028
Duelbits.com
any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.

a classic buy the rumor sell the news type deal.

Catalog example Cheesy

Dump happened like half an hour before LTC going live on Huobi, lol
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.

a classic buy the rumor sell the news type deal.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
did hobi launch LTC trading yet?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i am so sad that i woke up too late for that epic ltc dump... Now i am thinking when should i sell next, 0.033 or 0.036

why sell at 0.036 when you can wait a few mins for 0.037?

 Cheesy
hero member
Activity: 812
Merit: 1000
i am so sad that i woke up too late for that epic ltc dump... Now i am thinking when should i sell next, 0.033 or 0.036
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