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Showing 9 of 9 results by frechdaxx
Post
Topic
Board Economics
Re: Where deos the Prize gets stable?
by
frechdaxx
on 17/06/2011, 14:34:39 UTC
Of course, we don't know. But I can take my best guess.

If you ask me, it could very well happen on a single-digit price value, so I'll wildly guess <8. I base that on the possibility that the relatively sized inflow of overconfident speculators seems to decrease, which would cause the situation to behave like a classical price bubble. But with all the chaos, it's really hard to make out a "real" price, I could be wrong to an order of magnitude.

The price gets stable when the majority of incompetent speculators lost enough money to give control back to classical speculators. Real speculators make money from margins and stabilize price; insane speculators lose money and cause fluctuations.

The important point is: the smaller the inflow of newcomers compared to market size, the more stable the price will become, because bad speculators will burn out their resources over time. Give it at least a few months; Bitcoin is still brand new.

What do you mean with the term incompetent speculator? I started with Bitcoin about 2 weeks ago. I really liked the idea and started mining but had to realize that it is really not profitable. So I bought some bitcoins from MtGox. I didn't have any experience with shares except some things from my degree in finance. Of course nothing really applies to Bitcoin Wink Still, after buying some Bitcoins, I more than doubled the money i put into MtGox without any experience in that area. Why do you think the same doesn't apply to many other "newbies"?
Post
Topic
Board Trading Discussion
Re: Transferred the money with Euro Bank Transfer (Europe) with the wrong message...
by
frechdaxx
on 17/06/2011, 11:04:39 UTC
Received my money some minutes ago..Smiley
Post
Topic
Board Economics
Why the low volume on Mt.Gox
by
frechdaxx
on 15/06/2011, 11:15:05 UTC
Hey,

I'm just curious why the volume is so low these days:

http://img849.imageshack.us/img849/443/unbenanntumc.png


Shouldn't people not want to buy as the price is relatively low again and Wikileaks wants to use BitCoins?
Also there were many problems with Dwolla last week, which lead to many people without funds to spent in their account.
According to Google there was never so much about BitCoin in the news as today:
http://www.google.com/trends/viz?q=bitcoin&date=mtd&geo=all&graph=weekly_img&sort=0&sa=N

Shouldn't this all be leading to a high demand?
Post
Topic
Board Economics
Re: It looks like the Bitcoin's value is about to see a major retrace
by
frechdaxx
on 10/06/2011, 19:33:33 UTC
I think: altogether 300 bitcoins are offered for the exact price of 30$
Post
Topic
Board Trading Discussion
Re: Transferred the money with Euro Bank Transfer (Europe) with the wrong message...
by
frechdaxx
on 10/06/2011, 19:08:34 UTC
Still no reply after 3 days..Sent him another message today. I'll let you know what happens. Would be pretty bad if you can't trust MtGox to solve such simple matters.
Post
Topic
Board Trading Discussion
Re: Transferred the money with Euro Bank Transfer (Europe) with the wrong message...
by
frechdaxx
on 09/06/2011, 11:30:28 UTC
Thanks a lot Smiley

I just fear that another person got my money as I messed up the User ID and not MTGOX like you..After all I can just wait and see how it goes.
Post
Topic
Board Deutsch (German)
Re: Tradehill - MtGox Konkurrenz mit Eurohandel!
by
frechdaxx
on 09/06/2011, 10:00:17 UTC
Beim Euromarkt scheint ja noch nicht alzu viel zu gehen... naja mal abwarten, sieht aber gut aus. Wie lange sich das mit Paypal hält ist die große Frage....

TH-R1890

Hab mal deinen Code benutzt. Hier ist meiner wenn jemand sich auch anmelden will. Wie gesagt, weniger Provision für die Börse wenn ihr euch mit einem anmeldet Wink

TH-R1913
Post
Topic
Board Trading Discussion
Re: Transferred the money with Euro Bank Transfer (Europe) with the wrong message...
by
frechdaxx
on 09/06/2011, 07:01:58 UTC
Thanks for your reply guys. I sent him another message.

Unfortunately it was too late to cancel the transaction, so there's just some hope left that he can manually assign the money to my account. Do you think thats possible? I sent him a picture with proof of my transaction and also I already sent some money from the same account so it should be clear to whom the money belongs.
Post
Topic
Board Trading Discussion
Transferred the money with Euro Bank Transfer (Europe) with the wrong message...
by
frechdaxx
on 08/06/2011, 16:59:25 UTC
Hey guys,

today I sent some money to Mt.Gox. So far everything worked fine, but today there was a typo. Instead of using the correct message MTGOX 21473 I forgot the last number. I already sent a message to Mt.Gox but heard that they aren't always replying. Do you have any advises on what to do? I fear that the account with the number 2147 has already received my money.

Please help Sad