Mt. Gox (Bitcoin) goes down

Discussion in 'BS Forum' started by soxxx, Feb 25, 2014.

  1. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    The speculation that tether isn't actually backed by usd is IMO unlikely. There are several reasons for this.

    Fake News
    https://bitcoinist.com/india-wont-ban-bitcoin-embrace-blockchain/
    This same article South Korea plans to legalize crypto trading. Governments should look to regulate crypto exchanges. It's a good thing for the ecosystem if exchanges can't fuck around.

    SK has said they want exchanges to follow regulations. They aren't "cracking down" on crypto.

    China has been going back and forth on this forever.

    Haters gon hate. The media loves to predict the demise of bitcoin and frequently misinterprets news. A lot of them don't know wtf they're talking about.
     
  2. SOXXX2

    SOXXX2 Well-Known Member

    Joined:
    Nov 25, 2017
    Messages:
    3,959
    Likes Received:
    2,172
    Look at this great opportunity to buy in right now.
     
  3. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    broke 8k, next strong support level around 5k - stronger than the 8k level
     
  4. HomeoftheJets

    HomeoftheJets Well-Known Member

    Joined:
    Feb 7, 2016
    Messages:
    15,559
    Likes Received:
    22,967
    Lol strongest support level is 0.
     
  5. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    False. At 0 no one is mining and so the network has zero support level. :)
     
  6. GordonGecko

    GordonGecko Well-Known Member

    Joined:
    Aug 14, 2009
    Messages:
    7,220
    Likes Received:
    2,279
    if no one is mining then they are definitely supporting the 0 :)
     
    HomeoftheJets likes this.
  7. GordonGecko

    GordonGecko Well-Known Member

    Joined:
    Aug 14, 2009
    Messages:
    7,220
    Likes Received:
    2,279
    8K is still stupid stupid high, there's no way the total inflows support anything above 2K. Fair trading range should be between 1000 and 2000
     
  8. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    I'll alert the exchanges of the new fair value you've identified.
     
  9. GordonGecko

    GordonGecko Well-Known Member

    Joined:
    Aug 14, 2009
    Messages:
    7,220
    Likes Received:
    2,279
    no need, they'll find out for themselves, under 7300 now
     
  10. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
     
  11. Jay Bizniss

    Jay Bizniss Well-Known Member

    Joined:
    Jan 21, 2010
    Messages:
    4,092
    Likes Received:
    1,551
    What is everyone invested in?
     
    #431 Jay Bizniss, Feb 7, 2018
    Last edited: Feb 7, 2018
  12. SOXXX2

    SOXXX2 Well-Known Member

    Joined:
    Nov 25, 2017
    Messages:
    3,959
    Likes Received:
    2,172
    Bitcoin, Ethereum, Litecoin, OmiseGo, Status, Digibyte, and a few others.

    I should get into Popolous, to bad I didnt when it dropped so low (like everything else).
     
  13. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
  14. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    ETH - 56%
    BTC - 27%
    ADA - 6%
    LTC - 5%
    NEO - 2%
    ARK - 2%
    XRB - 1%
    DRGN-1%

    edit: missed my xrb
     
    #434 NotSatoshiNakamoto, Feb 9, 2018
    Last edited: Feb 9, 2018
  15. SOXXX2

    SOXXX2 Well-Known Member

    Joined:
    Nov 25, 2017
    Messages:
    3,959
    Likes Received:
    2,172
    Just realized blockfolio shows the percentages. Thanks
     
  16. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
  17. SOXXX2

    SOXXX2 Well-Known Member

    Joined:
    Nov 25, 2017
    Messages:
    3,959
    Likes Received:
    2,172
    Arizona Senate passed a bill to pay taxes in Crypto. Once when we start to see sovereign countries and large corporations paying each other in Crypto, then you will know crypto has made it. (if that happens then Bitcoin would be worth millions for each one)
     
  18. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
  19. NotSatoshiNakamoto

    Joined:
    Oct 6, 2011
    Messages:
    16,349
    Likes Received:
    7,607
    Are they also going to offer the option to receive refunds in crypto? Now that would be sweet. I'll take it in Monero please. :)
     
  20. SOXXX2

    SOXXX2 Well-Known Member

    Joined:
    Nov 25, 2017
    Messages:
    3,959
    Likes Received:
    2,172
    Likely and if you just think about it? why not, why wouldn't you want to get paid in Crpyto if you are a country? the more crpyto you have, the more powerful you will be on the world stage.... just makes to much sense. No country wants your inflated currency anymore.....
     

Share This Page