Wall Street keeps warming up. - page 2.

HarmonLi

sr. member

Activity: 350

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Honest 80s business!

Quote from: Hyena on February 05, 2015, 04:44:01 PM

Quote from: podyx on February 05, 2015, 04:28:20 PM

Quote from: Hyena on February 05, 2015, 04:20:41 PM

TAKE A LOAN AND BUY AS MUCH AS YOU CAN!

Go to school to get a cheap student loan! You don't actually have to attend school, just get the loan. Buy buy buy!

I know a real person who is going to take some young family loan or whatever to secretly buy bitcoins. It was originally his idea but I obviously encouraged him to do it when I heard of his plans. Fact is that if you don't take risks you won't achieve shit. So, in a sense I am serious but the advice I just gave makes me laugh due to it being utterly irresponsible. I think it's ok to take a loan to buy bitcoins if you can afford to lose them and often cases people won't actually have their fingers chopped if they can't pay back the loan. The world doesn't end. It's worth it to take the chance that appears once in a lifetime.

I think it's one thing to put your money on something being successful in the future, and putting money you loaned onto something. Sure, you may end up as the winner, but you may just as well end up on the streets, like... literally.

Hyena

legendary

Activity: 2114

Merit: 1015

Quote from: podyx on February 05, 2015, 04:28:20 PM

Quote from: Hyena on February 05, 2015, 04:20:41 PM

TAKE A LOAN AND BUY AS MUCH AS YOU CAN!

Go to school to get a cheap student loan! You don't actually have to attend school, just get the loan. Buy buy buy!

I know a real person who is going to take some young family loan or whatever to secretly buy bitcoins. It was originally his idea but I obviously encouraged him to do it when I heard of his plans. Fact is that if you don't take risks you won't achieve shit. So, in a sense I am serious but the advice I just gave makes me laugh due to it being utterly irresponsible. I think it's ok to take a loan to buy bitcoins if you can afford to lose them and often cases people won't actually have their fingers chopped if they can't pay back the loan. The world doesn't end. It's worth it to take the chance that appears once in a lifetime.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

It can only go so low. At some point we just have to have a trend-reversal. And the longer it takes and the more time Bitcoin uses to mature the backbone and ecosystem, and the more people get to know about Bitcoin in the mean time, the higher the next upswing will be. Also I wouldn't be surprised to another 2013 at some point!

podyx

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Activity: 2338

Merit: 1035

Quote from: Hyena on February 05, 2015, 04:20:41 PM

TAKE A LOAN AND BUY AS MUCH AS YOU CAN!

Go to school to get a cheap student loan! You don't actually have to attend school, just get the loan. Buy buy buy!

Hyena

legendary

Activity: 2114

Merit: 1015

TAKE A LOAN AND BUY AS MUCH AS YOU CAN!

Go to school to get a cheap student loan! You don't actually have to attend school, just get the loan. Buy buy buy!

jaredboice

hero member

Activity: 560

Merit: 500

Quote from: Sandhog on February 05, 2015, 11:53:35 AM

Quote from: jaredboice on February 05, 2015, 11:42:46 AM

Very interesting news.

But would anyone care to chime in on this very bizarre trading activity? I realize this image might be time sensitive (later viewers will only see a current chart)

http://coinmarketcap.com/currencies/bitcoin/#charts

But seriously, that is a bizarre spike up from the $225 area to $240.....and then an immediate spike back down.
And then not too long later, a spike down to the $215 level. This happened within hours (or maybe minutes).

It's a fluctuation where there are more sellers than buyers. It's supply and demand. I'm not sure who are the sellers but there are more sellers than buyers I reckon.

Lol I appreciate your response but obviously I'm aware that more selling produces lower prices. It's the degree and quickness of these spikes that give cause for concern. The line literally went straight up and then chilled for a few minutes and then went straight back down and then chilled for a bit and then dove straight down from there. Manipulated Market?

(Obviously there's a limit on how much Bitcoin can be manipulated in comparison to traditional markets. But still, it appears as if there's major market influence by participants with inside info)

jaredboice

hero member

Activity: 560

Merit: 500

Obviously if there's a topic that you deem to be a waste of time, you're going to sign up for an account and post why you think it's a waste of time several hours a day.

kwukduck

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Activity: 1937

Merit: 1001

Quote from: Ibian on February 05, 2015, 11:51:32 AM

Quote from: kwukduck on February 05, 2015, 11:46:05 AM

Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.

Therefore, you are out for good. Therefore, you have no reason to stick around. You are here, so at least one premise is false. Therefore, why are you here?

To short and make huge profits...
And to warn people that are over invested, of which there seem to be a lot...
Get out before you lose your life's savings...!

Sandhog

member

Activity: 76

Merit: 10

Quote from: Ibian on February 05, 2015, 11:51:32 AM

Quote from: kwukduck on February 05, 2015, 11:46:05 AM

Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.

Therefore, you are out for good. Therefore, you have no reason to stick around. You are here, so at least one premise is false. Therefore, why are you here?

Don't feed the Troll.

Sandhog

member

Activity: 76

Merit: 10

Quote from: jaredboice on February 05, 2015, 11:42:46 AM

Very interesting news.

But would anyone care to chime in on this very bizarre trading activity? I realize this image might be time sensitive (later viewers will only see a current chart)

http://coinmarketcap.com/currencies/bitcoin/#charts

But seriously, that is a bizarre spike up from the $225 area to $240.....and then an immediate spike back down.
And then not too long later, a spike down to the $215 level. This happened within hours (or maybe minutes).

It's a fluctuation where there are more sellers than buyers. It's supply and demand. I'm not sure who are the sellers but there are more sellers than buyers I reckon.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: kwukduck on February 05, 2015, 11:46:05 AM

Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.

Therefore, you are out for good. Therefore, you have no reason to stick around. You are here, so at least one premise is false. Therefore, why are you here?

kwukduck

legendary

Activity: 1937

Merit: 1001

Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.

jaredboice

hero member

Activity: 560

Merit: 500

Very interesting news.

But would anyone care to chime in on this very bizarre trading activity? I realize this image might be time sensitive (later viewers will only see a current chart)

http://coinmarketcap.com/currencies/bitcoin/#charts

But seriously, that is a bizarre spike up from the $225 area to $240.....and then an immediate spike back down.
And then not too long later, a spike down to the $215 level. This happened within hours (or maybe minutes).

knight22

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Activity: 1372

Merit: 1000

--------------->¿?

BOOM another one:

It Might Finally Be Time to Buy Bitcoin

http://investorplace.com/2015/02/time-to-buy-bitcoin/#.VNOXGZ14okk

added to OP

ssmc2

legendary

Activity: 2002

Merit: 1040

I liked this part:

Pending a green light from the CFTC, miners could do “call overrides,” in which they sell call options for potential upside appreciation of Bitcoin they hold, LedgerX’s Chou suggests. This would prevent miners from having to sell their Bitcoin to raise capital.

Grin

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

"Foreign exchange markets averaged 5.3 trillion USD in trading a day in april 2013.."

Well if that doesnt spark up the market movement ,i dont know what will.
From day to day its more and more obvious that these prices are not here to stay,
i just hope that on the next boom we will have more liquid market that wont bounce around like a ping-pong,
and feed fear in possible investors.

Paashaas

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Activity: 3512

Merit: 4557