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Showing 20 of 33 results by Coollikethat
Re: [ANN]BitQuick.co- Fastest method on the market of converting FIAT <--> BTC!!
used once before with no problem. now every time i enter the code is says "code incorrect" try via phone call and sms. stop wasting my time
Re: why CBOE and CME futures trading may LOWER / SLOW the price of bitcoin.
You can't move, sell, verify or store physical gold without a huge amount of hassle.
There's no point making this comparison.
They stuck a paper market on top of gold as otherwise there basically isn't one.
That's not the case with bitcoin.
There's no point making this comparison.
They stuck a paper market on top of gold as otherwise there basically isn't one.
That's not the case with bitcoin.
Dude, CME and CBOE are implementing the exact same methodology as gold futures. The paper contracts are settled in cash. Next to no BTC is involved. Its a moot point.
why CBOE and CME futures trading may LOWER / SLOW the price of bitcoin.
These futures contracts are the same as Gold futures contracts. First, its all paper and settled in dollars not BTC. More importantly, if you look at the Gold Futures market there are more Gold contracts than gold available: 542 contracts to 1 ounce of gold. 
The net effect is artificially keeping gold prices suppressed! If they overhaul that system and settle in real gold or mandate 1 contract per available ounce. gold price would skyrocket!
They are perpetrating the same scheme with BTC paper futures... the net result will like lower the institutional demand for BTC! Not the big upward pressure on price you would expect.
Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino...
https://www.moneymetals.com/news/2016/05/16/silver-gold-futures-market-000868
The net effect is artificially keeping gold prices suppressed! If they overhaul that system and settle in real gold or mandate 1 contract per available ounce. gold price would skyrocket!They are perpetrating the same scheme with BTC paper futures... the net result will like lower the institutional demand for BTC! Not the big upward pressure on price you would expect.
Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino...
https://www.moneymetals.com/news/2016/05/16/silver-gold-futures-market-000868
So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all?
Many financial assets are currently in a bubble. That does not mean that Bitcoin is not in a bubble.
Do you know the real cost of a Bitcoin transaction? Hint: For now, it's almost 95% subsidized by miners because they still manage to make profit. But ... is this sustainable?
Bitcoin is huge, Bitcoin is the biggest innovation of the last two decades. But technically it's still in its infancy. If only every US citizen bought Bitcoin now and stored it in his/her wallet, do you know how long they would have to wait until everyone had his coins confirmed?*
(Because of this fact, I think that a second "Gox" is possible without problems, because 90% of all "investors" have their coins on exchanges, I'm sure.)
*about 1,5 years
You are so right. That is why i think sooner or later bitcoin will be supplanted by something else. Maybe Ethereum, maybe one of these ICO's that got hundreds of millions of dollar to work with. While they currently have their problems, Tezos is sitting on $500m in working capital and rising.
The worst bubble of all is fiat currency / the US dollar especially. When that bubble burst, and it will sooner or latter, they will all run to decentralized money. We are going to become extremely wealthy!
This awesome article puts everything into perspective. The main stream media is lost.
The Asymmetry Of Bubbles: The Status Quo And Bitcoin
http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoin
Do the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.)
Me thinks that the money from those bubbles will flow into Crypto!
The Asymmetry Of Bubbles: The Status Quo And Bitcoin
http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoin
Do the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.)
Me thinks that the money from those bubbles will flow into Crypto!
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
Have a look at the theory that USD Tether and Bitfinex are manipulating the market. It's not certain, but some decent reasoning about it is outlined s/amp.reddit.com/r/Buttcoin/comments/7g05rk/bitfinex_admits_tether_has_no_usd_backing_there/]here, and it's possible that they would have more power over the market than it appears on the surface. PLUS another say 50x that on the margin side just on the way up. Then ANOTHER 50x that on the way down margin trading.
There's a lot of discussion about the possibility of Bitcoin futures trading from major groups. If it happens, that could certainly open the gates for some pretty crazy manipulation.Currently, it's also quite hard to get very significant margin on BTC (understandably).
If I was them, that is what I would do. Push large sums in and out just to determine how fast and how much money is actually flowing in.
Don't you think the existing statistics on volume (like on coinmarketcap) would be enough for them to analyse the market before orchestrating something like that?That post on tether is interesting! It sounds like we are at the mercy of the guys that are behind it. Hope they are honest.
Bitcoin futures can already be traded on at least a dozen site. Bitmex.com probably the best and largest $3,000,000,000 traded in the last 24 hours making it the larget btc exchange in existence. $1m btc with 50x margin = $50m to trade . If the market moves 10% that would be a $5m profit. So the above example means theoretically somebody with enough cash to move the market up 10% and then back down 10% can make a huge profit $5m x two. And you can trade up to 100x leverage on Bitmex.
I think if you push enough volume in and out, you can determine how many $$$ moves the market what % . Armed with that info you could lots of things depending on who you are and what you want to do.
im looking for a drop to between 7500 and 8200 + or - within a week then the fun begins again 
....ok maybe in a couple of day. I love this
The powers that be have a tremendous amount on the line so the theory is not far fetched. . If I was them, that is what I would do. Push large sums in and out just to determine how fast and how much money is actually flowing in.
Another possiblity is that an institutionl (whale whatever) trader could be manipulating the market for a profit.
They would stand to make a killing on the pump PLUS more way more profit on the margin side in the process.
Say it took $100m (guessing on the amount) to pump the market 10%. They would make money on the pump on a regular trade PLUS another say 50x that on the margin side just on the way up. Then ANOTHER 50x that on the way down margin trading.
There is always an underlying explanation for volatility.
.......
it seem somebody took huge positions which drove the price up then pulled out what seems to be the entire amount out which brought it down faster than it went up. . At any rate, i love bear markets because I buy in near the bottom and make a killing margin trading.
That said, this mornings was the largest flash crash to date. It was definitely not individual traders making the market move like that.
Im am not irrational. I am full time trader and thus highly analytical.
That said, this mornings was the largest flash crash to date. It was definitely not individual traders making the market move like that.
Im am not irrational. I am full time trader and thus highly analytical.
2 flash crashes last night about 800 points each and then a 1000 pt today? Do you know how much capital it would take to do that? Is the government testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away? To setup a master plan for long term damage to the market?
I thought last night was crazy. but today??
I thought last night was crazy. but today??
https://www.coindesk.com/bitcoin-classic-announces-closure-in-wake-of-segwit2x-suspension/
Bitcoin will be under $1000 by Monday or Tuesday.
Zander wrote:
"In at most six months I'm sure we'll just drop the 'Cash' and call it 'Bitcoin'."
wow!
and Im tired of paying $20 transaction fees, so good. Its finally over.
Bitcoin will be under $1000 by Monday or Tuesday.
Zander wrote:
"In at most six months I'm sure we'll just drop the 'Cash' and call it 'Bitcoin'."
wow!
and Im tired of paying $20 transaction fees, so good. Its finally over.
The industry pillars are all saying they will no longer support Bitcoin Classic! They say Bitcoin cash will now be refered to as bitcoin. Also Bitcoin.com owners are only about Bitcoin Cash too.
Read the news and get out while you still can.
They knew all along and that is why Bitcoin Cash has gone so high the last few days. Now that they have their positions, they tell everybody else. They will make a killing.
Read the news and get out while you still can.
They knew all along and that is why Bitcoin Cash has gone so high the last few days. Now that they have their positions, they tell everybody else. They will make a killing.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
trading volume just went over $1m again and price is ticking up. I projecting a price of at least $17-$18 within a couple of weeks. All the cowards must have sold by now. ha ha
900% within a couple of weeks is an optimistic prediction to say the least
But why not? I would take it 
I figure Monero and Dash are over $1,000,000,000 market cap so PIVX must be worth at least $1,000,000,000. Actually more than Monero because it has a proven Governance system. And more than Dash because it has true anonymity (zerocoin protocol).
So yes conservatively $17.50 each which would give it a $1,000,000,000 market cap.
From that point of view you might be right but there could also be other factors which the market values differently it seems. With market caps of those sizes I doubt the market is completely off. Do you think you analysis is sufficient? To be honest I don't know .PIVX is absolutely great no doubt about that.
My analysis is just basic logic. PIVX is fundamentally better that Dash and Monero. That is not onion. That is a technological fact. My experience is that the market is sometime slow to validate because people have to discard out their old beliefs that the other coins are superior. As the idea finally settles in to the mind of the market participants, the price will rise. Slowly at first then it will explode. I don't see any reason why PIVX can not surpass Dash and then some in the very near term. Do you?
It seems to be the natural progression of things to me.
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
If bitcoin is 51% attacked by Segwit2X and Bitcoin crumbles, will it be good for EOS?
I think we are way past a 51% attack possibility on Bitcoin. Would be too costly.