Search content
Sort by
Showing 20 of 33 results by PigUsher
Re: Starting tomorrow onwards expect more Bitcoin users from China
Just think, if you are an average Chinese internet user, would you pay fee's and go through the hustle of verification and transfer with limits or you would use BTC? I think that answer is more than obvious.
To get around Capitol controls: yes
Why is it that bitcoin enthusiasts are always illiterate?
yup. if this doesn't inspire more people to come in then i'll be amazed. it removes alot of the stuff that people worry about.
Are there ETFs for other currencies? like USD or Euro? Or are ETFs only useful for Chuck E Cheese-grade coins?
Also, would an ETF ETF (ETF indexing performance of all ETFs) track its own performance, or is that asking for trouble?
^Right. The 1% don't use exchanges, because they like to pay too much by buying BTC with cash, behind the Dairy Queen dumpster, from BitKing6977.
The 1% is secretly accumulating all the bitcoins, they have taken all our bitcoins and hoarded them for themselves! Hidden all the coin in some... secret Jew cave that they built, probably back in the early 60s!
The 1% is secretly accumulating all the bitcoins, they have taken all our bitcoins and hoarded them for themselves! Hidden all the coin in some... secret Jew cave that they built, probably back in the early 60s!
Re: Is trading on exchanges inflating the transaction volume?
I mean transaction volume - doesn't matter if it's 10mBTC or 10 BTC it's still one trade but are those trades going onto blockchain? I don't think so.
Currently, ~3 transactions per second is all Bitcoin can handle, which means it can't handle the volume of even one Chinese exchange 
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
look what they did with the silver prices over the past 10 years and how they are kept artificially low...
What if their families have been keeping prices artificially low for centuries, and plan to keep them artificially lower for aeons to come?
2spooky...
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Please short bitcoin. My team will blow up your accounts.
Your team is all in. Meaning it ain't got no money to buy bitcoins.
If it's not "all in," it has been lying to us all along.
So irrelevant, either way.
The only thing you can do is sell your bittokens & crash the priceha ha, loser!
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Back to fundamentals
There are about $43.7MM swaps borrowed just on finex. Conservatively at current daily rate of 0.06% That's $2.6MM just in daily fees only on Finex
There are about $43.7MM swaps borrowed just on finex. Conservatively at current daily rate of 0.06% That's $2.6MM just in daily fees only on Finex
Check your math.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
But there are other interesting things: UK citizens may face higher transaction cost to/from Europe, and especially small consumers will get more trouble with import taxes, i.e: a maximum amount they can spend tax-free each year.
(European consumers can now spend a relatively small amount in the US. Pass that limit, and substantial taxes (~20%) are added.)
UK citizens may also spend more in other countries in the world, now they are similarly priced to products for Europe (especially from China)
More worldwide payments that need to be cheap and fast for small payments, is good for bitcoin.
I think these 3 have more effect on BTC than the rate of the pound.
(European consumers can now spend a relatively small amount in the US. Pass that limit, and substantial taxes (~20%) are added.)
UK citizens may also spend more in other countries in the world, now they are similarly priced to products for Europe (especially from China)
More worldwide payments that need to be cheap and fast for small payments, is good for bitcoin.
I think these 3 have more effect on BTC than the rate of the pound.
Bitcoin useful in tax fraud schemes, you say?
If true, expect BTC to get B&/regulated into oblivion.
Re: Whales trying hard to push the price down to trigger FOMO before big rise
Whales stopped again the uptrend by pushing the price down and hope weak hands [yadda yadda yadda]
Those whales weren't, by chance, responsible for the $100 spike a few days ago, were they?
That was natural, organic growth due to merchant adoption and sociopolitical macroeconomic fundamentals yadda yadda yadda?
Market anticipation of the halving & natural human "I don't want to miss out" sentiment. Of course it resulted in over-buying & fell back down again.
OP is overstating it, but I agree to an extent.
Markets anticipated the halvening back in 2009. If not for the halvening, Bitcoin would continue inflating at ~10% a year, as it is doing now.
Of course whales are "manipulating" the market, they want to make as much money as possible. That's how the market works, it's not a hippy charity.
"inflating at ~10% a year, as it is doing now" ....
you are not very good at math, are you?
My math is fine, stop flaunting your ignorance. Block reward, the 25BTC created ("printed out of thin air") each time a block is solved? Yeah, that's
monetary inflation.
Re: Whales trying hard to push the price down to trigger FOMO before big rise
Whales stopped again the uptrend by pushing the price down and hope weak hands [yadda yadda yadda]
Those whales weren't, by chance, responsible for the $100 spike a few days ago, were they?
That was natural, organic growth due to merchant adoption and sociopolitical macroeconomic fundamentals yadda yadda yadda?
Market anticipation of the halving & natural human "I don't want to miss out" sentiment. Of course it resulted in over-buying & fell back down again.
OP is overstating it, but I agree to an extent.
Markets anticipated the halvening back in 2009. If not for the halvening, Bitcoin would continue inflating at ~10% a year, as it is doing now.
Of course whales are "manipulating" the market, they want to make as much money as possible. That's how the market works, it's not a hippy charity.
Re: Whales trying hard to push the price down to trigger FOMO before big rise
Whales stopped again the uptrend by pushing the price down and hope weak hands [yadda yadda yadda]
Those whales weren't, by chance, responsible for the $100 spike a few days ago, were they?
That was natural, organic growth due to merchant adoption and sociopolitical macroeconomic fundamentals yadda yadda yadda?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
any1 else believe that crypto coins in general came out relatively unscathed thru Brexit?
Pretty bullish imo
Really? I was told by various cryptoeconomists that Brexit would send BTC through the roof.
Color me unimpressed.
ah, and you thought "through the roof" meant a non-linear jump to something like $4k, right?
Not going down would've been a good start.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
any1 else believe that crypto coins in general came out relatively unscathed thru Brexit?
Pretty bullish imo
Really? I was told by various cryptoeconomists that Brexit would send BTC through the roof.
Color me unimpressed.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Who keeps going off-topic?!
$693.56 on Huobi.
$693.56 on Huobi.
Remember in the old days when it was against Netiquette to go off-topic?
I am not celebrating because I am out of coins and waiting for the price to drop to buy. So bored
. You're out of coins now? That sucks at a time like this. Why did't you buy any in 2015?
Maybe he did, then cashed out at 790 and didn't buy back in yet?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[]Fortunately , some of my comrades are helping swing these number up by selling thousands of "gun factories"
which make it impossible to really know how many unserialized AR15s are in texas and worldwide.
Great company and people(and they sometimes depend upon bitcoin because constantly have merchant processing problems) -
https://ghostgunner.net/
https://defdist.org/
which make it impossible to really know how many unserialized AR15s are in texas and worldwide.
Great company and people(and they sometimes depend upon bitcoin because constantly have merchant processing problems) -
https://ghostgunner.net/
https://defdist.org/
I send your friend $250, and he puts me on a waiting list? Nice!
He should sell ASICs.