Well I sat this one out, was nice to watch. This does however change my view slightly to...not sure really. What's a cross between a bear and a bull? Yeah that. That's me. Probably.
A horny bear? j/k Not going to trading here until the Gox clears that huge verification backlog.
but then, do you want to attract the attention of the EU?
What do you mean?
This can swing both ways, good or bad.
If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance.
I'd be interested to know how things turn out in Helsinki.
Maybe a stupid question from my side, however i could not think of a answer.
How do you see Brussel ( or an other government ) regulate Bitcoin?
Once they start there will be no end. In no time you will have to prompt your peers for permission before adding them to peers.dat.. put a big warning sign saying THIS IS NOT MONEY on any physical bitcoins.. register all your addresses with the ECB.. their imagination has no end. They even regulate how deep your tractor is allowed to make tracks on your own farmland.
complete TA-newbie here...just one question:
can somebody define how deep/long that handle should/can grow (in case one can call that a cup there
) ?
until we go upupup of course
...and in addition to above question show me where in time there ever was a typical cup and handle pattern in the bitcoin market.
Who sold at the bottom?
.. Just bought
AND sold at this bottom[1]
Disclaimer, I'm not much of an investor, or greedy here, just going extremely[2] long in crypto with the spoils of dicking around with a small bit of fiat. The amount of fun I had trying to make the call and the satisfaction of getting close is priceless to me.
buy/market XBT/EUR €2,222.231 0.05000000 €111.111 06-12-17 19:58:31 +0200
sell/limit XBT/EUR €2,273.342 0.04761905 €108.254 06-12-17 20:11:27 +0200
[1] bottomed at 2212.1640 if I read the graphs right here
[2] my heirs will eventually have to deal with these satoshi's
The author should have told Morgan Stanley that in order to get Bitcoin's master key, they needed to contact the new CEO of Bitcoin, Craig Wright.
Or perhaps contact the old CEO named Mark Karpeles. He might have the old backup master key laying around somewhere.
The audit corps (KPMG / PWC etc..) are scared of single immutable sources of truth because they make shitloads of billable hours reconciling accounts (twice) (MS vs CHASE .. CHASE vs MS .. JPM vs CITI .. CITI etc..). They are pushing really hard on weakened implementations.
and would subsequently lead to sell off of BTC dragging price down below the current interest of the fresh blood...
That is nonsense. Why would any bitcoin hodler sell their bitcoins if ETHf goes down?
So the last ICO got 150millions of fund in ETH. How does this ICO work? I fought people give ETH for some token, and the start up owner has ETH. So if you have 150 million of $ in ETH, why would you not sell it immediately?
And the place of BTC here is... what?
Dunno about the hodlers, but I do expect some extra BTC volume if they route some of their dumps over exchanges that don't offer an ETH/fiat pair.
Well, poloniex ETH/BTC is the main market. So i assume most of this ICO ETH would go through bitcoin part... So i got scared...
Have you tried to withdraw a significant amount from Poloniex recently? No one's getting their limits raised and there are withdrawals frozen for quite a few punters. They've really shat the bed recently.
If I was something to do with ETH I would've done everything I could to move the market away from there.
I'm sure they'll shit on normal punters and even pull moderators from the trollbox to support a good fraction of an ICO like bancor. I'm completely blind to the notion that a Swiss foundation that is going through such an elaborate and incorporated offering offering will proxy their cash-in via a personal polo account opened via the website.
ETA: looks like it is coinbase shitting the bed at the moment though, see
https://status.coinbase.com/What are you guys feeding the bitcoin price?
It's so big.
Trillions of dollars of central bank money printing.
All in desperate search for ROI. eg. Berkshire has a pile of 100bn USD still looking.