Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?

Check my posts. I was one of the few screaming BUY BUY BUY last summer.

You need more fibre in your diet!

Meanwhile.. people are selling. LMAO

http://bgr.com/2014/07/03/bitcoin-exchange-mainstream-analysis/

I noticed a lot of positive media the last 7 days. It completely changed compared to even a month ago.
Everyone feels like now is the time. Everyone is excited. Everyone but the sellers.
It's probably the best week this year and the selling pressure is sky high.
So odd.

Not sure about the rest of the world but the ATM here has a solid turnover. Then there's other outlets, there's been a lot of talk of voucher/card systems and you hear mentions of country based operators regularly.

So what?
You should ask them how much, sell them with interest from your stack and re-order for yourself, of course. A safe way has it's price.

So you'll be this new confident Exchange ;-)

Maybe this has something to do with dumping?

http://www.bloomberg.com/news/2014-07-04/eu-banks-must-shun-bitcoin-until-rules-in-place-eba-says.html

Bye Bye Institutional Money  

http://www.coindesk.com/eba-financial-institutions-avoid-bitcoin-pending-regulation/

Will SEC follow EBA and reject Winkle's ETF  

Yeah, right....     Is this a joke?

I think its because at the end of the day, the thing that most people care about is the price per BTC. If it would have massively changed the price (positively or negatively), then everyone would still be talking about it. The attention span for events in the crypto world is super short obv.

Happy 4th of July everyone!!

Hmmm, not sure. I keep some lowball bids in now after seeing that $2 spike the other day. But I think LTC might have a slow slide down to retest that level, or at least much lower than here. Good luck....

A lot of nice sentiment around today. And one big 2k buy is what we get on stamp to show for it?

ATH please. August/September shouldn't disappoint.

End of this year I can haz house plz.

I am sure it just depends on the house, no matter what "world" he is in. 

Dell accepting Bitcoin is bad sign for the short term price

Who thinks we will have a weekend rally?

After the GOX collapse, anyone with fiat or Bitcoins on any exchange has balls of steel. Gox did a lot of harm, and it will take time to recover.

This is why we are seeing so little volume in general, no selling and no buying, sorry but no more bubbles until 2015...

True, but what could possibly happen in 2015 to change this? Are you implying we'll have a trusteable exchange? What constitutes a trusteable exchange? Of course anything is more trusteable than some manchild that used to play Magic the Gathering, but im just saying, what would the ideal scenareo be on there?

There is evidence in the literature that the cow jumped over the moon.

To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS.

The Stamp chart is forming a perfect last supper. Is that bullish?

Does anyone think the 600 sell wall will hold? 

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  


Edit: You know what they say about rumors...

Not too bad of a day so far for both BTC and LTC...it would be nice to see both build back a little momentum

In the meanwhile, LTC flashcrashing to 4.85 and no obvious rebound... you need have stainless steel balls to keep hodling that bag

By the end of the year nobody will even talking about Bitcoin anymore. I sold hours ago.

Fucking Ethereum, why the fuck are they dumping the ipo coins.

I avoid calling it "fake" volume, but I agree. The current (daily) leg of the capitulation is, in my opinion, mainly driven by Bitfinex - not really a surprise, given the huge built-up leveraged long positions that Blitz highlighted in his post ages ago. Despite their daily volume still being dwarfed by the Chinese exchanges.

So that's further evidence for those of us who believe that, while CNY volume might be "real", it is simply less relevant, per dollar, being largely automated, zero fee volume.

I dunno

It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.

At this point there is only THE catalyst that could really put BTC is real bull mode: and that is the Winklevoss ETF.
Until then, rises might be short lived  

So then, it's plausible that our dumper friend is inside to these ETF's and has learned that they'll (Wink) not be approved?

Could the price increase be because of the jump in difficulty yesterday?

Creating a bitcoin fund is a way to sell a large stash of bitcoin without immediately depressing the price, and without making it seem that the holders have lost faith.  GABI will probably buy the coins initially OTC from the GABI creators.  It may even remove buying pressure from the markets, if some people who would have bought raw bitcoins will choose to buy GABI shares instead.

I wonder if GABI will have a lock-in period, like SMBIT (i.e. the client can liquidate only after N months).

Where we heading these days? Up?

Any of you market-smart guys want to comment on this?:

http://www.coindesk.com/citi-miners-merchants-keeping-bitcoin-prices-check/

Sounds pretty dire, at least for the short term.

The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
http://www.zerohedge.com/news/2014-08-27/gazprom-begins-accepting-payment-oil-ruble-yuan

EUR is rallying, USD is dropping like a stone.

Well okay, but can this be the last delay please? Otherwise it might coincide with the shipping date of BFL or the date that MtGox will add LTC.

I hear you.. but then I feel the same way about Bill Clinton tbh.

I heard that... it will be like having a credit card in the phone. Not a big deal. Can't be used to pay people-to-people.

Honestly this looks a lot like april-may all over again... Expecting some serious sideways for the next couple of months.

https://www.youtube.com/watch?v=pF7HxLCFMeY
PayPal featuring Bitcoin in his app, "We can spend Bitcoin with a tap"

Take a look to the video, second 9 

I think people are still waiting on the Apple news release tomorrow.  Then when Apple says that they are integrating Bitcoin in their payment app I can't imagine how that would not trigger a rally of some sort!

Uh! Momentum out of nothing. That could get really interesting this time....

Actually, they're silent now because they feel they accomplished their goal.  And they did, for 4 days depressed price down to $460.  Now up to $480 and climbing.

Expect another dump within 24 hrs.  After that, I guarantee the trolls will return again.

I agree. This forum has no effect on price. ( at least, forum sentiment and whatnot )

It is 3.3x, it has changed recently.

You all should have better invested in some solid crypto!

Also one of the things i've been reading for months and months.

Dumpers out of ammo.
Weak hands shaken out soon.
We're near the bittom.
Etc.

Barely above 400 on BTC-e. I see 300s in the near future.

Once again 600 was cheaper than 900 so no you wasn't lied to.

When this shit happens (large dumps) i always talk to myself what goes down must come up.

379.99

Here we go again

342 actually...

Testing: Not sure what's going on.


Explanation

Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round.

Blitz any chance you or the other mods could get newbie jail reinstituted. The proliferation of annoying trolls is ridiculous.

Tiny dead cat bounce up to 425 before we crash to sub 350.

What the hell is going on? This shouldn't be happening.

whining

The video seems to be a fake.

https://www.google.com/search?q=obama+kicks+door&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb

But it is funny as fuck.. I LOL , every time I see it.

I hope, that like me, a lot of ppl will jump at the opportunity to buy with a CC... I just added 2 cards to Circle with good amount of credit. (over $50.000) and I am going to buy BTC. This has been the biggest hurdle for me and my Scandinavian friends. I have at least 10 friends that now are going to buy. Even if they just buy a couple of coins, it is going to be good. The whole SWIFT bank transfer and waiting days for it to show up on an exchange was to slow and lost me money. If Circle works, I bet you this is going to be big. Setting up something in the middle, and selling coins should also be easier. I now think I will put up that ATM in Oslo after all...

Scandinavians, especially Norwegians have shit loads of fiat, and will react if they see this as a good thing. Most ppl I know, have been waiting for this. So a good day. Now if I could only deposit via the cards...

Not sure if its wise to share, but my friends that never used btc before are right now buying   

This could be the reversal?

I'm actually, legitimately, nervous. If we significantly breach $350 or $300, there's no telling how low we can go before the mass selling ends. Perhaps it's just a momentary paranoia speaking.

No paranoia my friend i am nervous too. But i think bitcoin will survive as technology

Why you think so? Others said so about ETF right... ? Look at my post about ETF few days ago. ETF could bring higher prices, but not because of ETC, but because of usage, performance and traction of BTC. ETF can also bring even lower prices if Bitcoin is not doing well (all these millions can short it).

Doesn't GABI allow for a lot of the same things that the COIN ETF would allow for?

wytaw? (anything specific I mean)

Do you have a link or anything for that? KNC shorting BTC? Never thought about that but it could be possible.

they dont need to have bigger balls -> just insiders info.

no, directly from mr 30 k guy who is btw raping stamp's order book since july.

Those that aren't buying are on the wrong side of the technology curve,

http://blogs.wsj.com/accelerators/2014/10/10/weekend-read-the-imminent-decentralized-computing-revolution/

You can play daytrader all you want but you will get burned.

Buy and Hodl!

Huge ass ask wall on Huobi! HOLEEE SHIEET


beat me!

Its actually more though: 5006.2419

Ask wall on huobi splitting and moving down! She's real!

Huobi is freakin the fuck out. 1k bidwall appeared on 2300 and its getting eaten

Why would anyone base their trading decision on 2000 coins from 2011 moving. Its FUD.

I can't handle this shit anymore. I'm out. I just sold all my coins. Fuck it.

Everyone ready for today's pump and dump? Remember, don't be that guy who buys at the top.

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

Get used to saying that if Bitcoin dies. China will claim to have defeated Bitcoin and will then point at the dollar. The USD will crumble faster than Bitcoin.

I miss rpietila.

he was funny too.

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.

time to short at 420 and buy back lower?  

Just to be clear, what I think that the OKCoin guy meant is that the fund has licensed OKcoin's trading software, and perhaps is using their IT infrastructure, for their own shares.

It does. More OKcoin users sell to the invisible buy wall rather than buying on ask price.
But they are feared to buy more on other exchanges (cheaper) because this increase feels unsustainable.

The danger is altcoins. Altcoins = infinite inflation potential for crypto-currencies as a class.  Though so far they aren't catching on.

Well at least the actual auction takes place on December 4th, so its not that far away.

Maybe this is the shakeout before the bubble

The more I hear this, the funnier it gets.

Actually prior to the previous auction the market rallied quite a bit into it and also after it.

I heard we were in the early adopter phase last year when price was $1,000/BTC, so does that mean we've regressed back to the super early, Steve Jobs and Steve Wozniak in mom and dad's garage phase?

Steve Jobs got adopted.

If there is no volatility, then we have done our job. Bitcoin has no central bankers so the money supply is determined by day traders. We profit from volatility by eating it. This is the time for the successful day traders to take a well-earned break.

This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.

In the free market, every problem is an opportunity for someone.

Bids received - 104
BTC quantity bid - 124,127

Barry Silbert / Secondmarket collected 104 bids for a total of 124,127 coins. They merged the bids and made new bids for the 50,000 bitcoins on the auction.

no time for explanations, just buy buy buy.

So for 2 weeks everybody waited for the auction to end.

It ended. Now what?
Nothing?

How many more times is this nonsense gonna happen?

Are other markets also this retarded? I find that hard to believe.

exactly. auction will be a non-event.

it conspiracy...

no doubt about it, its all conspiracy

When is the ETF expected to be approved if ever at all?

We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets.

I dont understand this argument

daily volume is nothing...a handful of altcoins have more volume than XRP

You mean that premined centralized scam? Then buy in.

ripple is fuel that powers a network, a seemingly useless, centralized, closed source, network that no one actually uses, you might be right that its current pump is " taking liquidity out of BTC " but i can't believe these effects will be long lasting. idk who in their right mind would touch ripple after they double the supply overnight. i can't understand why its being pumped, or how the pump has managed to stick...

makes no sense! i dont get it! dont try to explain it to me, I don't wanna hear it.

So current price is determined by the price of 2 to 3 years ago?

To me 2,3 years to bitcoin is like 10 years, and the price of 2 to 3 years ago ($1 to $10) cannot have any influence to current price. Therefore, to draw a such line in such a scale is meaningless. This is not TA in my understanding.

yeah, solving the trust problem was what ripple did ... 

... and even in the worst prisons the guards are trusted.

Let's keep things in perspective shall we? 2008 banking and financial crises were a PR disaster for the fiat centralised banking scam ... Mt. Gox was a japanese kabuki comedy routine, sucks if you got caught up in the pantomine but there was plenty of warning.

Is Zerohedge not reliable?

people posting this is an amazing time to buy makes me think that the panic/despair zone is to come yet

after stamp is dead which exchange do you believe will become the mainexchange?

How much do they make each day on average? Bitstamp's a ripple gateway in addition to a bitcoin exchange, so it makes money off the ripple system and people trading bitcoins.

The article link below is about the first day OKCoin.com beat Bitstamp by transacting nearly 16,000 BTC, compared with Bitstamp’s ~14,700 BTC and Bitfinex’s ~15,100 BTC.

https://www.cryptocoinsnews.com/okcoin-com-had-higher-daily-bitcoin-volume-than-bitstamp-and-bitfinex-today/

I cannot remember exactly what fees Bitstamp charges, but if it's trading volume is ~14,700 BTC daily, then it must have earned far more than $5 million this year.

Stamp is done: once you lose client's confidence it is over. Probably will run away with the rest of the money once they realize this.

i'm broke

bitcoin has too much backing to be scared of it dying.

I dont want to see what happenes when reminder of gox coins hit the market

These price crashes sure attract a lot of Newbies to this thread, saddly they haven't got anything meaningfull to say.  

as a newbie myself I mainly have questions, however pple seem to come here for the memes instead.

Already on the news sites and few newsletters. Got any recommendations?

Hilarious how people are putting up walls the push the price down even lower. Because it isn't bad enough yet. The best tech invention in ages completely destroyed by a bunch of traders.

19.000 coins being dumped can easily help this mess...

Can't decide whether to take the last of my savings and buy cheap coins.  Can someone plz confirm the next bubble is just around the corner?  Thx in advance.

 

Yea it could be longs closing their position... Best not to use margin in such a volatile market.   Real bulls never sell. Ever.

I'm sure that it's good that this drop is happening. Drop is caused by large influx of stolen coins (probably from Gox theft) to exchanges. In some way, scammers are returning stolen coins to community. When they are done, community will control those coins and things will be more stable and optimistic, unless some other bitcoin company is hacked, but I'm sure that they got more mature by now.

I don't understand. At around 200 USD, mining is not profitable at all but the difficulty doesn't crash !

How can mining company still be running right now ?

I love the smell of panic buying in the morning.


Damn it, it's already afternoon.
Ah,.. what the hell. Just enjoy the smell.

Big spike in the new users on bitcointalk. New members per day is closer to what the forum was getting late 2013.

The bottom is not in, 10% inflation problem remains

Nice

I'm up a shitload

Went in at 230 20x leverage  out at 254 back in at 246 still holding controlling about 800 contracts.

There is another guy here who got in sub 200 with 3k contracts 20:1.  He must be in heaven.

the twinklegoss' give us a timeline:  http://www.reuters.com/article/2015/01/26/us-winklevoss-exchange-idUSKBN0KZ2N220150126

for the exchange

My neighbor says the great rally of 2015 will push bitcoin to $700.

Greece is out of money because the fools who got elected promised tax breaks and the fools who elected them stopped paying their taxes, hoping to get a better deal. So now it's not just the banks that are out of cash, but the government as well.

With the next auction of DPR's 50,000BTC coming up in March I expect most of the coins to be sold much lower than market price and I also expect a huge dump after the coins from the auctions are dispersed. We may even see sub $150 coins at that time. I highly doubt any good positive gains until at least a few weeks after the auction. Most people won't take that chance of getting dumped on.

Shorters could be in for some big pain...

pretty hard to maintain a negative perspective making like $500 per hour gain on these pumps while not pushing more money in myself ... i want a yacht too afterall ... it's just going to take me a few years of constant trading i figure ... or a valuation of 5K per coin i guess would do it ...

ehhh i figure 1/4 million can buy me a decent 50 footer ... most people would consider that a yacht and not a simple boat ... some may argue only 100 foot + counts as a true luxury yacht ...

when i see people talking about what they're going to spend their money on, and train pics, it is always, always the right time to sell

Trolls back in the cave. they will come out once the price drops 3$.

Yeah, you mean like on each suckers-rally permabulltards starting to party hard, posting moon pictures, rockets and dead bears. And a few weeks later suckers rally has ended and permabulltards are waiting for the next suckers rally to party hard on lower price level. Rinse and repeat.

You permabulls know that we are at 270 and not on 30,000?

Oh dear, call me a troll, call me an asshole, but never call me a permabull - that's really offensive shit.

Edit: This suckers rally will end in the midst 300st.

Trolls have very different motivations from permabulls. A lot of them disappear since they are not creative enough to fuck up permabulls with something more than falling prices. So they wait for the next leg down.

For myself it's a lot more amusement to keep on bitching all the suckers rallies.

Price is $284 right now and the trolls have been silenced for now. I think a move to $350 will put them away for some time.

buying volumes are declining. Over bought territory. I believe it is time for bulls to take profit and bears to start shorting

I am surely taking profits now...

Shorts down to 15k now

Likely unsustainable. I wouldn't bet on this going anywhere but down in short term (1week)

BTC-E seems to be pretty laggy all this time. Is it only because it is difficult to get money into it or because the fees are high? I always thought everyone considered them kind of shady, yet they haven't had any hacks or outages... Funny, eh?

auction is over?

sell or buy?

auction will be a non-event. nothing will happen at all.

yes, people often raise questions about theymos collecting donations, closing newbie jail, letting run obvious scams and ponzi securities threads open...

but guess what libertards...that's free market of yours.

No bears to piss off

Finex is not following China. Don't think we can proceed without testing 280s once again.

Or they know a breakout results in their asks being eaten in full, so walls at critical values are logical..

Not everything is a conspiracy

again? 

I smell bacon again.

this crash is gonna be epic.

tarmi is even more evident evidence that people that get left behind by the train grows to become pure poison later in life.

Take care of yourself and buy and hold bitcoin so you don't become one of these toxic motherfuckers... (even if you were to lose it all, it's a cheap price.)

go up or down... doesn't matter..... that is just how i roll .

down $15 and margin shorts are down and longs up

 

well ... someone just sold $2,000,000 worth of coins in the span of 10 minutes across all the exchanges ... nicely done ...

Time to ignore this shitposter

Why its going to the dumpster once again? Any news?

Another minor exchange discovers that their mongodb doesn't handle acid very well. whats that got to do with the big exchanges?

Looks like another dark market might go down?  

http://www.reddit.com/r/Bitcoin/comments/304rhd/why_the_fck_are_we_dropping_faster_than_a_fat/

Why would anyone bid $50 for one tenth of a bitcoin while bitcoin is trading at < $250 

no, they are just being stupid, that is all.

Some very big investment banks on the GBTC bid list. I wonder if they will try to short bitcoin to the ground when they get shares to play with. What do you think, guys?

There's much to be said about the delayed GBTC, Gemini, COIN and Ethereum launches lately.  Everyone is waiting for the impending hype cycle.  It is coming....but when?!?

wow shorts are up like 2.5K from a few mins ago 

No. Nothing to see here. Bitcoin is still heading down for sub -$80.

time to open new shorts on bitfinex.

When do the Chinese wake up?
How will they react to this?

smart bears are waiting for double digits like I do.

you are not scaring anyone with fake bid walls and buys on illiquid exchanges.  

Back to normal really isn't behind us. I think it's best practice to assume that the bubbles of 2013 were more or less caused by Gox and, thus, heavily inflated. We have to ignore them and extrapolate the "regular" exponential uptrend from the remaining data. That way we might get a more reasonable idea of what's "normal" or should be assumed to be it.

I'm not sure if Barry himself even knows?

Because no one knows when someone will bring their shares to their broker to sell. For all intensive purposes, it is trading with buy offers, just no sellers--thus, no matches and no volume.

ZH idiots had the one chance in their lifetimes to front-run wall st. ... and they squandered it on running around with their tinfoil-hatted heads chopped off and hating on a tech. they clearly didn't understand, nor deserve to as it turned out.

My favourite quote describing that joint is -  It has accurately predicted 200 of the last 2 recessions.

We are going nowhere but up

Until the weekend, when we will go nowhere but back to sub 220

Price up into the 240's.

Shorts slowly covering.

Going to plan. Thanks for your money tarmi.

Ahhhhh just logged in to see a small pump.
Let's hope it continues, it seems so long that I can't even remember what 300 USD feels like.
Would be nice to get upto 250 by the end of the week.
So many positive things for bitcoin being held up by regulators etc atm.
I think we'll look back on this price after the halving next summer & laugh.

The only way is up now people, the bear market will be over soon.

The GBTC market is about to open. I'm not surprised if it continues crashing toward BTC parity.

we are always here watching you get excited at every fake recovers:

He means that the pump is over, time to dump. <==feel free to quote me.

I am probably less coins short than you are long... and compared to you I made a shitload of money in the last 18 month.
just wait until your collateral continues to devaluate by high interest and decline.

$130 soon. Then what?

^Bitcoin in a nutshell. Three different-sized wheels. Special road. Exact path must be followed.

All for what?

To go around in circles, while people point fingers & laugh.

Agreed. And now the price is climbing a little too

Yes. 200 notes equals 1 BTC.

Price is in sek not USD.

The cool thing about this ETN is that there is no limit of "matured shares". The issuer buys more real bitcoin on exchanges if the players want more ETNs. No limits on either bid or ask side!

Because the bears have failed to push us below 230 USD for any prolonged period.
Every time a whale puts coins up for sale they get eaten up.
We've found the bottom & the only way is up now.
The bear market is over.

Bull runs aren't subtle

Zero Wing from 1991.

It was around $240 before Greece basically walked out on negotiations.

I am surprised that the Euro has only gone down by 1 cent over the weekend vs the dollar.

Quoting myself from another thread:

But if he wanted to leave the country and take his wealth he could.

How many of you have forgotten the $300 scam happened at just few months ago?

lol so yanis varoufakis do quit after all..

EUsters finally got his head on platter.

http://yanisvaroufakis.eu/2015/07/06/minister-no-more/

*drumroll for teh next goldman-central-mole-banker that will take the finance office..

yea obviously.. but who told tsipras he would be an obstacle? euSTERZZZZZZ!!1

We are talking of fake trades that make 30-80% of all trades, continues for months, totaling on 570,000 BTC purchased for non-existing dollars. Is there something of such scale happening on OkCoin? Is there are reasons to suspect that most of fiat on OkCoin customer's accounts does not really exist?

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

Hmmm, what happens if stamp breaks over 300 also?

Well, this is not going to go up forever like this. That's not how markets behave.

just a quick question...what news of greece would make the btc price go up or down? i heard they come with news about greece today

I think we jumped over $300 just because so many people wanted it.

We need to cross it with some more stability behind it like we are building now.

Horrific news for the Greek public. Banks closed until mid August so that 60 euro a day withdrawal limit will stay in place then. It must be a nightmare, absolute nightmare. Imagine not being able to get access to YOUR money.

I suppose the financially clued up people would have seen this coming months ago & acted as necessary.

Well, I think the answer is easy: There is no BTC Exchange in Greece.

Its really going to suck if BTC only rises when there is a country on the brink of collapse or something.

It has got to find its way into everyday use. I think it is still very difficult for most average people to even comprehend BTC let alone, go thought the motions of actually using it to buy something. Until that hurtle is crossed I see it floundering up and down with little spikes here and there.

We all thought at one time, well when online retailers begin excepting it,,, it will go tot the moon etc. Well, many big ones do now and yet still no new demand. Others thought well, when more laws are written and it becomes legal" to use then it will moon then.. we have guidelines now....Still no impact.

The use and movement of BTC is confined to a very small select group of people. many like us in here or miners simply generating and dumping. Until that changes no one is going to get rich very fast or at all. The price will continue to be flat. There is nothing I am aware right now that would cause BTC to really go much higher than we just saw.  

I relented for a while but it's time for you go in the ignore box.

is crypto done??  

Looks like Bitcoin did have a very small move up today, although I am not sure what caused it. I didn't expect to see a change in price today, mainly because it has been stable these last few days. It is a pleasant surprise to see that the price rose by $10 though.

There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.

Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.

How is that ?

Sorry, but you are completely wrong here saying that the Swedish ETN ruins the COIN ETFs novelty. ETNs do not = ETFs, not even close

ETNs are not nearly as secure and transparent ETFs. ETFs actually hold the underlying asset being tracked and ETNs simply follow the price. This gives people much more confidence in using ETFs to earn returns versus ETNs. If the company that runs the ETN goes out of business the ETN would become worthless (ETN = unsecured debt), but with an ETF there are actual assets backing the investors purchases so they have much more security.  

Which is why you should never invest in an ETN unless you know the company has a good credit rating and that the chances of bankruptcy are almost non-existent.

Perfect, thank you.

Now, what about the volume from the Wallstreet, will we have a big volume from Wallstreet jumping into bitcoin using the COIN ETF ?

What if the Wink's Bitcoins get stolen? Does insurance cover the loss, and is there no way an insurance company could possibly wriggle off the hook of paying? I know it's not likely but nothing's impossible, no matter how good the Wink's security is there is always a risk of theft.

You as ImI, what do you think and what are the logical reasons that backs your reasons ?

Why ?

Why "Just 0.001% would be enough." ?

So overall you are Bullish if I'm not mistaken ?

I have to say I find it pretty stupid how many people behave so childish when the price pumps a bit...

But but but..double digits!

But Bitcoin has the biggest operational blockchain at the moment, don't?   

Satoshi's coins are on the move -> https://www.reddit.com/r/Bitcoin/comments/3frht4/satoshi_nakamoto_moved_today_for_the_first_time/

if you guys really think ETH is overpriced you can actually short sell it on Kraken... good Luck

CCMF?  G..guys?

Is this crash due to all New York customers cashing out due to being dropped by every exchange because of bit license deadline?

What about itBit?  Has anyone tried to use it? 

What will Gemini have that itBit doesn't have?

Until bitcoin can be used at the grocery store or at the gas pump its not going to get too far anytime soon. People buying/mining and holding surely isn't going to help its value. So I look for more of the same as we have seen the past year or so.

Not to say some new found value for the block chain could potentially boost price or another larger economic collapse,,, but would have to be much bigger than Greece and in a more technically advanced place like the U.S. economy collapsing, or China ..... Germany etc.

Glad to see BTC still fighting back this morning

Why?

Not sure if public even cares about fork thing.

Will it even get attention on mainstream news outlets?

Probably not...

I woke up to see the mess in https://www.reddit.com/r/Bitcoin/. I agree with Gavin and Mike, let the community decide.

It's a protest at the censorship going on over on Reddit.

Yep and thats the main take away from all of this.

With all the bullshit going on r/bitcoin

All the chatter here it makes the whole project look amateurish, none of the big btc publications have picked up on it yet either. Will be interesting to see what happens when they do.

did the main exchanges in the west and china comment on core/xt fork situation?

i dont think they will run both core and xt when the times comes or?

what a mess zz

The media shit storm has begun. All in 20x short people.

http://www.bbc.co.uk/news/technology-33974826

Blame for what?

there's FUD today, price has been going down for a month, its time to buy.

not sure what bitcoin Core will look like when all the infrastructure quickly upgrades to the lastest version of bitcoin which now fucking SCALES.

You are short, of course you do.

+8k new shorts today. Seems legit

I have to admit, this bothers me.

it all happend so fast

190 is GOLD!

..imo

This is why reddit is shit and any vote system / democracy is shit.

You don't see anything about this crash on bitcoin reddit, and you never will.  They're too busy being liberal faggots circle jerking each other.

Just because of the forking? 

yup

http://arstechnica.com/business/2015/08/op-ed-why-is-bitcoin-forking/
http://www.economist.com/news/business-and-finance/21661404-spat-between-developers-may-split-digital-currency-forking-hell

the last bubble was fueled by goxmoney that didn't actually exist.

i'd pick bip100 but i really don't give a shit who wins as long as someone wins.

without XT we wouldn't even talk about it, would we?

If bitstamp breaks $200 I'll consider it final 

but mostly the 2 paid shills