This is a good news for those interested in the bright future for bitcoin. But it's bad news for those interested in drug-dealing and mioney-laundering with btc. Don't you think at first these people will cash out?
The last few weeks have a name... Bull trap!
I was promised a bounce at this level
come on Bull-pigs please bite my order around 88.
Thanks in advance
Ah, I see, we reached the boarder, now it's gonna shoot high! For sure!!!
Waiting for the panicsells, am a little disappointed it didn't happen at 4
hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards
What news?
the german news maybe? Not sure how big:
http://www.bitcoin-journal.de/bitcoin-de-und-fidor-bank-ag-vereinbaren-weitgehende-partnerschaft/bitcoin.de announced their banking partner (fidor bank) and will offer insured SEPA account to be used for live trading.
EDIT: but that's not really news.
At least we won't have the German version of the mtgox-dwolla drama.
Not news, you said it.
I'd say its "not bad news"
Oh, it's maybe no great news for you. For me it is. Down here in germany most of us don't sleep well while our money rests on some place whitout an "Einlagensicherung". How many real banks are officially involved in Bitcoin? In germany I don't know any other. Fidor will make it easier, to get bitcoins. You can ask them, they help.
And they don't help maybe in five years, like Kipochi, not in six monthe, like the winkle-bros, they help tomorrow or at least in some weeks.
For short: Bitcoin in germany has an update.
For me its the first real good news, since I bought my2 BTC one month ago
Hoi, and while I tipped - up it goes
can anyone explain to my, how to understand the green and red bars at bitcoinity? Thanks you.
IAS: I think it was you who responded to the bitcoin.de and Fidor Bank deal. It's even better. This is first direct banking cooperation in the European Bitcoin sector (or worldwide?) and not only in Germany.
Just imagine.. a full blown Bitcoin exchange, backed up by Germany's bank standard. Fast conversation between EUR and BTC, no more waiting time to deposit or withdrawal. The ultimate dream would be a debit card which can be refilled with Bitcoin.. but let's see, how things turn out.
Yes, it was me.
Do you know when people can start using the bank? I haven't seen that anywhere. I imagine this will affect Bitstamp (depending on the interface) as the banking system, as bad as it is, is pretty sound in Germany and I think many people using Bitstamp, have the Slovanian bank they use in the back of their minds.
As I know in some weeks. Maybe technical thing, maybe tribute to bureaucracy ... the users with a fidor account could trade in realtime, without it would not be possible soon. By now Fidor allows customer to buy and sell gold and silver and flips (hitflip).
I don't know, how it will be, but maybe you're online-banking-account will have access to your btc-exchange. I would like that.
No more Bitcoins for sale?!
Someone bought in few days like what, 50k bitcoins? Their are hanging over us like guillotine.
What are you talking about?
Those were obviously bought by new users sending them immediately to their wallet.
yes, there was 1 million Chinese poor child's who bought their lucky bitcoin all at once for their pocket money
Maybe some new whales enter the market? News were good, in the last weeks we had some financial institutions announcing to deal with bitcoin, maybe some other have undisclosed plans. And to play with the game they need a reserve.
Or, another speculation: Some miner-collective decided to hold instead of selling. Or some early adopters now have enough Dollar for the rest of the year and don't need to dump.
look at bitcoin.de ... here the rally started with a time lag, half an hour before we reached 99 Euro
Falkvinge wants bitcoin to become what he thinks bitcoin was made for.
The most importan claim he makes is that more than 90 percent of the bitcoin-prize is made of speculation. Even if he's wrong and it are 80 or 70 or 60 percent - this is more unnatural and insustaineble than fiat has been in its worst days.
Falkvinge wants bitcoin to become what he thinks bitcoin was made for.
The most importan claim he makes is that more than 90 percent of the bitcoin-prize is made of speculation. Even if he's wrong and it are 80 or 70 or 60 percent - this is more unnatural and insustaineble than fiat has been in its worst days.
Actually, it is in line with FOREX volume compared to M1.
to translate: you say "real money" has the same relations? Thanks, that's a good point.
Falkvinge wants bitcoin to become what he thinks bitcoin was made for.
The most importan claim he makes is that more than 90 percent of the bitcoin-prize is made of speculation. Even if he's wrong and it are 80 or 70 or 60 percent - this is more unnatural and insustaineble than fiat has been in its worst days.
I also think bitcoin is overvalued, but the guy seems a bit delusional. Probably sold at $65. Lol.
take your homework. If Falkvinge sold at 65 he made big wins. He's not a greedy guy but an ideologist. And what we are seeing at this time is a rising price while bitcoin stagnates resp. while those who are trying to make bitcoin work like its designed to work face some regulatory and technical problems which won't be surpassed soon.