Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32227. (Read 26711860 times)
November 07, 2013, 01:22:04 PM
Here we goooooooooooooooooo
November 07, 2013, 01:21:44 PM
It's going down.
November 07, 2013, 01:18:57 PM
!!!! Subway! 10% discount! Is this real? 
You speak russian? 
November 07, 2013, 01:18:45 PM
November 07, 2013, 01:11:22 PM
November 07, 2013, 01:09:53 PM
Who had fun last night?
Me also. Like your sig, but unfortunately I am no venture capitalist
November 07, 2013, 01:03:32 PM
Quote
There is a bit of a built-in conflict in these two requirements. To be useful in the $60 trillion global economy, the quatloo must be issued in size: there must be enough of it around to grease transactions large and small in all sorts of markets. Using the U.S. dollar as a guide (since the USD is the primary reserve currency), we can estimate that a minimum of $1 trillion in quatloos would be needed to become a practical global currency.
To act as a reserve currency, another trillion or two would be needed, as nations would hold these quatloos as reserves. (Nations hold an estimated $7 trillion in USD reserves, about $3 trillion euros and $1 trillion or so in yen, pounds and other currencies.)
But issuing quatloos in these quantities would remove any scarcity value. Thus the issuer of the quatloo would have to carefully issue more quatloos only when demand justified the need for more monetary "grease" for the global economy.
They have no idea how bitcoin works. Lol at they thinking that you must "create" new money to have enough of them, their brain still don't know the concept of "more digits after the decimal point". Lol at the fact that an "issuer" must exists To act as a reserve currency, another trillion or two would be needed, as nations would hold these quatloos as reserves. (Nations hold an estimated $7 trillion in USD reserves, about $3 trillion euros and $1 trillion or so in yen, pounds and other currencies.)
But issuing quatloos in these quantities would remove any scarcity value. Thus the issuer of the quatloo would have to carefully issue more quatloos only when demand justified the need for more monetary "grease" for the global economy.
November 07, 2013, 01:01:46 PM
November 07, 2013, 12:53:08 PM
Fidor Bank is big?
Don't know... Any Germans here to answer this? I know that bank is from Munich.
not that big http://de.wikipedia.org/wiki/Fidor_Bank
November 07, 2013, 12:48:15 PM
Who had fun last night?
I did. Took nerves to watch the swings though.
I think I will corner the market in quatloo's, while everyone is distracted with bitcoins though.
November 07, 2013, 12:46:02 PM
So if you have a BTC withdrawal that can't be processed for days what will you do if everyone starts dumping massive amounts of coin ?
You can't cancel a withdrawal can you ?
You can't cancel a withdrawal can you ?
Live with coins that are expensive. But history so far has proven it is only temporary, and you still got them at a bargain.
History has shown bitcoin gets more expensive after every bubble.
I think by expensive he means expensive compared to current Goxxian price.
November 07, 2013, 12:44:43 PM
So if you have a BTC withdrawal that can't be processed for days what will you do if everyone starts dumping massive amounts of coin ?
You can't cancel a withdrawal can you ?
You can't cancel a withdrawal can you ?
Live with coins that are expensive. But history so far has proven it is only temporary, and you still got them at a bargain.
History has shown bitcoin gets more expensive after every bubble.
November 07, 2013, 12:43:39 PM
5h old news... Bitcoin.de is going to change the trading (to instant) soon. Fidor bank will actually take over it 
They put that on FB:
Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung: https://www.fidor.de/produkte/fidorpay
Good news if you ask me!
They put that on FB:Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung: https://www.fidor.de/produkte/fidorpay
Good news if you ask me!
Add this article to the story:
http://www.zerohedge.com/news/2013-11-07/bitcoin-soars-over-300-question-arises-could-it-become-global-reserve-currency
November 07, 2013, 12:36:54 PM
There will be NO correction. This became global now...
November 07, 2013, 12:36:32 PM
Seems we may keep pumping north, without any major, lengthy correction, as long as these healthy little corrections and consolidation periods continue.
At least, that would be ideal..
At least, that would be ideal..
November 07, 2013, 12:30:29 PM
I am still waiting for a small BTC withdrawal from last night as well. Still no sign of it.
November 07, 2013, 12:28:26 PM
This might be the correction.
November 07, 2013, 12:27:58 PM
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