Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29779. (Read 26711867 times)

I wonder how Chinese are appreciating those meme, laughing about it and then having a bowl of it? =))))

The way to turn the tables is to find out where the money is going to go and to get there first.

http://movie-sounds.org/old-movie-samples/casablanca-1942/the-leading-banker-in-amsterdam-is-now-the-pastry-chef-in-our-kitchen

K, I'm moving to Germany.

I kinda fear once panic will bring people to "lock" part of their savings using bitcoins, the governments will surely declare it illegal as well since they wont be able to taxe or reach it in any ways, thx to Bitcoin protocole.
So if this savings robbery happens, bitcoin will surge.. then it will be banned and thus price will drop.. ahah we are surely going to have some fun/action then

I agree on most points... I was half kidding, but also half serious... (I am an old PM and FX trader to I know the game)

Explanation

Bitcoin going down is not bad, it is good. The consolidation is necessary for it to form a strong base for commerce, gain new investors, redistribute all of the coins, and get ready for launch again. Bitcoin was going NOWHERE when it was 800-1000. It was just floating up there with no demand/volume, thin books, and millions of coins silently waiting to be sold.

I will admit that some of the ways people present themselves here sound harsh and aggressive like you said. However, the way I read this is that bears are rubbing in the bulls face that they were right after the bulls had insistently bet with the bears that prices were going up. Previously the bulls were on the offensive against bears and insulting bears, and now bears are turning that around back onto the bulls and throwing it in their face. It is a game. I don't think anyone actually wishes anyone any harm.

ha ha no I defo 100% planned it in advance... I just for no real reason fancied ribbing zee german a little bit, and having a joking dig at Dogecoin..

its a joke right?

I am still thinking you started writing it without thinking of the *** and ended up like that , not that you planned it in advance.

are you really asking?

I wonder sometimes if people on this forum would like to post onto say the Haiti expat forum and say things like :

Ha ha bros I hear another earthquake is coming ; ) you are going to lose all of your stuff !!! ha ha  oh lolz...

I really hope an earthquake comes... I really do... I want you all to get burned... burned bad... because I am not in Haiti but you are !!!

BURN HAITIANS!!! ha ha .. you are all going to die and when you do I will be here laughing

I hate haiti, and I think anyone in , or from Haiti is an IDIOT who deserves to DIE

Did I mention that I live 5,000 miles away from Haiti, and I have never been, I will never go, and I have zero interest in anything to do with Haiti
apart from watching it BURN !! ha ha you guys are so stupid you all deserve to lose everything you have and for it to ruin you, beause you are a  stupid Haitian

Remember Haitians I will be back several times today , even though I really do not care about Haiti, but I just need to remind you all how stupid I think you are !!! and how much I hope it all goes wrong for you... and I will come back the day after and post the same thing... because
I have nothing better to do with my life, literally nothing... I spend my life just giving people shit on a topic I have no interest in... because that it the kind of guy I am : )

Oh and by the way , have you heard that ALL of Haiti is going to get AIDS tomorrow? and when it does oh how I will laugh..

Seems legit right?

Most of the good news (and bad news) that I have seen posted here mean nothing to the typical investor. (Overstock now accepts bitcoins? What is Overstock?)

Many investors will ignore news and just watch the price charts. The panic selling on feb/10, for example, may have been 1% investors reacting to "really bad news" (Karpeles's release stating that the protocol was broken), and 15% investors panicking because they saw the price drop fast after those 1% dumped their coins.

Those investors who understand the good news will also understand that they are not that exciting really.  (Overstock USA now accepts payment in USD from US customers through Bitpay? So what?)

Prices went up when more people invested in bitcoins, went down when investors dumped them.  Most new investors were attracted by the promise of quick and huge gains.  Many got scared off by government warnings and restrictions, many got disillusioned by the december crash, stagnating prices, and personal losses in trading.

A speculator who profits at trade will stay in the game, but probably will have no additional money to bring in.  A speculator who loses money is likely to dump his coins and take what is left of his money out.  News will matter little in both cases.  Thus, without new investors, the price is more likely to decay slowly than to increase.

Not the first time this has been proposed.

the IMF mooted it back in October in their Fiscal Monitor - entitled Taxing Times
https://www.imf.org/external/pubs/ft/fm/2013/02/fmindex.htm

The relevant section is Box 6 on page 49, entitled A One Off Capital Levy, and talks about a tax of 10% on net wealth (not just bank deposits.)

It was also mentioned a couple of weeks ago by the German Finance Minister just before they started discussing bailing out Greece again.

The rich are not a monolithic block. Some will find ways of protecting themselves and others will not. But everybody has the option of buying bitcoin. It's the lifeboat for everybody, but those who are too afraid to use it are no better off than those who are too stupid.

Well , that explains indeed a lot of things in detail.

Did you mean it to sound like that ?

Stamp (with all its Eu customers) seems to have got the above message. It doesn't budge with Huobi (Chinese don't really care if Europeans are losing their fiat or not) or Gocs ... was it Gox ? Forgot about some exchange that once was talked about around here.

That's obvious.

But don't forget that rich participate in writing new laws and they will create few loop-holes. Rich own things - mostly international businesses and transfering things will never be a problem for them. Beside politics is in bed with them.

LOL they posted on twitter again

https://twitter.com/btcecom/status/433940858597961729