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Showing 20 of 30 results by Lowryder
I have a castle for sale for 4500 BTC, or serious offer 
I told you man... Experto crede
Last time we did it, you were just a kid
http://static.iltalehti.fi/autot/lamborghini_2301210PP_au.jpg
https://www.goldbroker.com/en/news/paper-silver-market-250-times-size-physical-silver-market-526
What would you think happens when the 'tie' breaks, real is real, paper is worthless.
Think of a scenario, let's say a position of metric ton of pure silver. Will have some value
Think of it this way.
Speculators leveraged up free fiat from the Fed and bid up the silver market into the May 2011 peak. Now that the market has reversed, leverage is being margin called out of the silver market. Prices are collapsing as a result.
And?
https://www.goldbroker.com/en/news/paper-silver-market-250-times-size-physical-silver-market-526
What would you think happens when the 'tie' breaks, real is real, paper is worthless.
Think of a scenario, let's say a position of metric ton of pure silver. Will have some value
They can always paper over the paper with more paper. Besides, silver is mostly worthless other than as a speculation.
You havent do your homework dude.
https://images.angelpub.com/2014/08/23250/silver-usage-pie-chart.png
Most of the silver used in industry cannot be recycled.
https://www.goldbroker.com/en/news/paper-silver-market-250-times-size-physical-silver-market-526
What would you think happens when the 'tie' breaks, real is real, paper is worthless.
Think of a scenario, let's say a position of metric ton of pure silver. Will have some value
BTC is a safer bet than gold imo
Not safer. It has a higher risk of going to zero. Much more +EV though.
Would you rather take 30 of these:
http://www.usacoinbook.com/us-coins/gold-bar-1-kilo.jpg
Or 2700BTC?
If you cant take anything in between?
Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week
how'd you know all those bars were filled with tungsten? oh, you didn't?
Of course I didn't. I just assumed they were gold for this thought experiment.
How many of "those" you own?
BTC is a safer bet than gold imo
Not safer. It has a higher risk of going to zero. Much more +EV though.
Would you rather take 30 of these:
http://www.usacoinbook.com/us-coins/gold-bar-1-kilo.jpg
Or 2700BTC?
If you cant take anything in between?
2700 BTC if the current price is higher.
Gold safe bet is about 4x in the future (gold $5000) whereas Bitcoin still has at least 10x to go. It's about risk/reward.
But you can't really say. I personally own both. I see gold safest bet there is. BTC is still a mystery in long run. Have some just in case, but wont make a dent if BTC goes zero.
BTC is a safer bet than gold imo
Did some math
Heres all the gold in the world:
http://demonocracy.info/infographics/world/gold/images/demonocracy-gold-all_gold_in_the_world-reserves-cube.jpg
All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.
BTC is a safer bet than gold imo
Not safer. It has a higher risk of going to zero. Much more +EV though.
Would you rather take 30 of these:
http://www.usacoinbook.com/us-coins/gold-bar-1-kilo.jpg
Or 2700BTC?
If you cant take anything in between?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Ah the day (2013-4-10) when BTC crashed from $266 to $105 (-60%) in 7 hours.
Then snapped back to $203 (+95%) in 2 hours.
Then took a slide back to $120 (-40%) in 17 hours, after which the trading in Mt.Gox was halted for 10 hours.
When the exchange opened at $130, it soon crashed to $65 (-50%) in 1 hour, after which it recovered to $130 (+100%) in 1 hour.
9 hours later we saw $54 (-60%). In 12 more hours it was already $130 (+150%) yet again.
**
What am I teaching? That price does not matter. Number of bitcoins matters, and low prices are to be used for buying them, not selling.
Thank you
Then snapped back to $203 (+95%) in 2 hours.
Then took a slide back to $120 (-40%) in 17 hours, after which the trading in Mt.Gox was halted for 10 hours.
When the exchange opened at $130, it soon crashed to $65 (-50%) in 1 hour, after which it recovered to $130 (+100%) in 1 hour.
9 hours later we saw $54 (-60%). In 12 more hours it was already $130 (+150%) yet again.
**
What am I teaching? That price does not matter. Number of bitcoins matters, and low prices are to be used for buying them, not selling.
Thank you
What's the main purpose for Bitcoin?
Mean of monetary transaction?
I personally just don't see it happening in a long run.
This volatile madness will continue for a while.
Some will win, some lose.
But in the long run, +10 years, it's a no go.
Because it won't fit the sole main purpose.
Thank you
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Thanks, I will use that during the runup $1,000->$5,000. With 10:1 leverage and 1 million initial investment, that'll be... 40M profit.
I doubt that you'll ever get that kind of money from those guys. They're like a grown up version of mtgox.
Risto will know me by now. I had a LARGE buy position there last year. With leverage of 1:10.
They phoned me and basically kissed my ass to close my positions. We agreed I close them, they paid
my money. Every cent. 2-3 business days. They also change te leverage to 1:2 and later 1:1.
Plus500 is listed in London stock excange. Always worked fine.
I use it for gold trading. Last week made about 200.000 profit.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Quote
Can I put in a short position of 1M USD with 1:17 leverage? Platform is plus500.
Thats ~ 38000btc
Will it make a dent?
Thats ~ 38000btc
Will it make a dent?
I was thinking of that. First off - I don't think they offer more than 2:1 leverage, they got burnt pretty badly in the runup in Nov-13.
Second, the slippage you take is about equal to the bet amount, unless you can start an avalanche (which I don't believe).
Third, the bet is not won by just hitting the opposite goal. You need to defend yours for 90 days.
=> You can perhaps use this to make the final push and manipulate the market as usual, but not make it +EV for you
http://www.plus500.com/Instruments/BTCUSD?ncr=True
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
2 bank days?
thats in like 100hours
bitcoin will be at 520 by then!
thats in like 100hours
bitcoin will be at 520 by then!
That is because Bitstamp.
windjc need 1.1M to take it to 435.
I need 1.45M for 500.
If he has lots of money, he will catch my bid at 435.01, and I will lose the bet unless 30 days turns it back up. Buying slippage-free at such a good price is still ok, but losing a bet hurts my pretty face.
Can I put in a short position of 1M USD with 1:17 leverage? Platform is plus500.
Thats ~ 38000btc
Will it make a dent?
"What's the most you've ever lost on a coin toss?"
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please.
Chart1 & Chart2.
This is just the 2013-7-18 again. No looking back (when you least expect it).
Chart1 & Chart2.
This is just the 2013-7-18 again. No looking back (when you least expect it).
No PMs. Lets talk openly. What kind a bet? For how much about 1BTC? Or 1 oz gold coin?
My trendline says 4900.
Terve Risto (Hello Risto in finnish),
Being so good on price speculation, off topic,
what's spot bid for gold 31.12.2014? Or am fix?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Hello guys,
I'm french, ( french forum talk about everything except coins...)
-I placed an order at 448 this morning on Kraken, and I realised that it passed while I was eating at restaurant...I would have canceled it when I see how it's going down, but it's done, my first BTC !
So what would you do if you had about 950 dollars to buy BTC? Buy now ? Wait ?
Buy.
There is a high chance BTC will be priced 7000 USD by the end of this year. When the rise starts, it will be tremendous based on previous rises.
7000 USD? Are you insane? Don't see a bubble here? What's the point owning "play money" worth 1M USD.
Will you oder a high voltage dildo from Thailand by using the coin or wait till it reches 10M USD?
Hellllooooo?