Isn't anyone worried about half the volume being on one exchange?
Arent you worried about BTC mining being centralised by 4 chinese people?
Yes, but seperate topic.
For me I remember the whole explosion of Bitcoin price at MtGox was driven by an internal exploit where they could buy bitcoin without spending any cash. For me I feel like half the volume is at poloniex, and a quarter is at Kraken. But other exchanges see like no volume. Just makes me leery thats all.
Poloniex is quite trustworthy. And why would they pump ETH why not another coin? There are many other coins on the market at poloniex, much higher profits to be made pumping those ones.
I believe you are just sour graping. You need to do some research on Ethereum instead of listening to the worthless opinions of bitcoinmaximalist trolls
The highest amount of Ethers or the top address is of Poloniex Cold-wallet*.I am not accusing anything here but it is something that shouldn't be ignored.IMO the recent pump might take a nap after hitting 1 billion market cap but is pretty unreasoned though.
Isn't anyone worried about half the volume being on one exchange?
Arent you worried about BTC mining being centralised by 4 chinese people?
Yes, but seperate topic.
For me I remember the whole explosion of Bitcoin price at MtGox was driven by an internal exploit where they could buy bitcoin without spending any cash. For me I feel like half the volume is at poloniex, and a quarter is at Kraken. But other exchanges see like no volume. Just makes me leery thats all.
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Topic
BoardAltcoin Discussion
Re: Will Ethereum reach a billion market cap this year?
by
buybtc.cz
on 05/03/2016, 11:20:42 UTC
Isn't anyone worried about half the volume being on one exchange?
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Topic
BoardAnnouncements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
buybtc.cz
on 29/04/2015, 07:21:43 UTC
I can't find OMNI/Mastercoin on coinmarket cap anymore. Was it delisted?
I hated selling in February, even though it raised enough money for me to quit my job. I was sure I would regret it. As it happens, I was wrong about regretting it, since I now have the opportunity to buy low.
I'm a little confused that people are criticizing me for buying MSC. It seems like the obvious thing to do, both for myself and the project. I understand that lots of money was lost (on paper) when the price fell (nobody lost more than I did), but I fully expect people who purchased even at the peak price to make a fantastic long-term profit. As they say on the bitcoin reddit: HODL!*
Speaking of my buying, for sake of transparency, I'll disclose here that I'm currently putting together a deal for myself and other MSC insiders to purchase a block of MSC from a third-party project which has a block of MSC but needs cash to pay developers (not Maidsafe - I asked them if they would sell some, but they are holding).
I did negotiate a discount off spot prices (by pointing out that selling on the exchanges would lower the price far more). If anybody here is interested in participating in group buys of this sort, you can PM me. I probably can't include you on this particular buy, but there could be more in the future if similar situations arise.
Thanks!
* Not investment advice, just my personal opinion. Talk to your investment advisor, etc etc.
Please avoid speculating about the coin value, regardless of if you are buying or not, by talking about it like this it spreads ill will- (did not your selling in few contribute to the price collapse after which you now want to buy it all back? Your hoard makes or breaks the market- if you are profiting off it, and you shouldn't, you certainly shouldn't be talking/bragging about it.) it's in poor taste. :-(
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BoardAnnouncements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
buybtc.cz
on 19/08/2014, 08:03:27 UTC
The price does matter a little bit but not as much as one would think. I agree it is more important now to build powerful applications that use the stack and worry about the price later. We can see also with bit coin that the price even though it's falling is a result of people using more bit coin rather than a lack of believe long-term value should stabilize and continue to grow just like Master: if we can find a relevant application
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Topic
BoardBeginners & Help
Re: Bitcoin Businesses and Developers, Let's Get Started!
by
buybtc.cz
on 19/08/2012, 14:43:06 UTC
I'm looking to get out of here.
I started BuyBTC.cz, please have a look and I'd like to get out of here so I can run a thread about my services.
I am starting small- selling Bitcoin for Czech Crowns.
Thanks! dennison
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Topic
BoardBeginners & Help
Re: Whitelist Requests (Want out of here?)
by
buybtc.cz
on 19/08/2012, 14:39:25 UTC
Hello, I'd like to request to be whitelisted. On the forum I am "crazy_rabbit" but I have started a Bitcoin Service in the CZech Republic (BuyBTC.cz) and I would like to have an official user for official updates from BuyBTC.cz and so I can maintain a thread about the company. I'd like to do this without using my "crazy_rabbit" account so I don't confuse customers.
You will see that my other handle "crazy_rabbit" has already made a post in the market place about BuyBTC.cz and the email for this user is "support@buybtc.cz"