why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?
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why is the price of bitcoin 14k on coinbase and 13.5 on blockchain?
Quote:
Originally Posted by big dick
https://www.youtube.com/watch?v=N1Wrx6eQZ1E
:lol
There are 50+ exchanges were Bitcoin trades at. The main ones in the USA are coinbase/gdax and gemini. Popular Asian one is bitfinex and European one is bitstamp. They all have different prices for Bitcoin. Blockchain.info, by default, uses the price of Bitcoin found at bitstamp. Same with Mycelium app and a few others. So block chain is giving you the bitstamp price which is a lot lower than the current coinbase price.Quote:
Originally Posted by big dick
ThanksQuote:
Originally Posted by snake_in_the_assThere are 50+ exchanges were Bitcoin trades at. The main ones in the USA are coinbase/gdax and gemini. Popular Asian one is bitfinex and European one is bitstamp. They all have different prices for Bitcoin. Blockchain.info, by default, uses the price of Bitcoin found at bitstamp. Same with Mycelium app and a few others. So block chain is giving you the bitstamp price which is a lot lower than the current coinbase price.Quote:
Originally Posted by big dick
-Kai StinchcombeQuote:
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?
not saying i subscribe to that entirely but its a great fucking point.
full article:
https://hackernoon.com/ten-years-in-...in-ee98c180100
probably this will look like another cliff stohl 'lol internet' article in a decade but seriously its been a decade and bitcoins are still donkdown.
this is the interesting part of the whole crypto thing...the question is, what is that worth? id venture to guess it's worth a decent amount...Quote:
Originally Posted by sonatine
Hard to put a price tag on great shareware.Quote:
Originally Posted by GambleBotsChafedPenis
absolutely, especially if it lets you get your illegal vice on...Quote:
Originally Posted by SanlmarHard to put a price tag on great shareware.Quote:
Originally Posted by GambleBotsChafedPenis
its a wrap, warren buffett himself just bodied bitcoin. air is leaving the balloon on coinbase all day.
https://www.marketwatch.com/story/he...omo-2017-12-26
How do you maintain this pace? You haven't stopped proclaiming the death of bitcoin, you've been doing it for 6 years...........sonatine dies of a stroke>bitcoin is donkdown...
Sonatine is going to die of Parkinson's so show some respect nerd
Quote:
Originally Posted by sonatine
Im pretty sure Buffet made some negative comments about bitcoin quite a while ago; im not sure exactly how long ago, but in any case i know this isn't the first time.
The era of investors hanging on to and salivating over every word that comes out of his mouth is not exactly like it used to be imo. Im not saying the guy doesn't know what he is talking about or anything like that because he is clearly God, but if you're waiting for Bitcoin to tank because WB says so, thats probably not going to happen like it would have if this was years in the past.
He is bitter that he missed the biggest bull market in history. He was too scared to get in because he lost his ass during the dot com boom and probably got raped during the housing bubble.Quote:
Originally Posted by Mintjewlips
Please don't give him that much credit he's just super lazy and wanted to rub it in gook faces if it tanked WHICH I RESPECT
https://www.reuters.com/article/uk-s...-idUSKBN1EM05K
south korea basically tightening the noose on a corpse.
Quote:
Originally Posted by sonatine
OK, old news rehashed as new, sorry to tell ya, secondly BTC will bounce back big the when Goldman can trade futures and short it they will dump the pump and profit on both sides, rinse repeat.
I am heavy in XRP for a while now but not selling, good first quarter of 2018 could mean even bigger 6 fig profits :)
Are you worried about high fees and slow transaction speed?
Quote:
Originally Posted by big dick
its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.
i honestly think it can hit 60k once the smoke clears in january.
i also think there will be suicides when china sets the hook.
Oh god, if sonatine thinks it is going to 60k it is probably time to be cautious.Quote:
Originally Posted by sonatineQuote:
Originally Posted by big dick
its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.
i honestly think it can hit 60k once the smoke clears in january.
i also think there will be suicides when china sets the hook.
Quote:
Originally Posted by snake_in_the_assOh god, if sonatine thinks it is going to 60k it is probably time to be cautious.Quote:
Originally Posted by sonatine
it doesnt matter really because about 5% of holders are going to walk away with any significant sum.
again the translation when any of these big bank CEOs speak about crypto:
'we didn't get our piece of this whole thing when it was in its infancy and we're pissed so we're gonna try to blow it the fuck up...'
kinda like casinos and online poker...
The biggest mush in the world that I know bought BTC yesterday. He called me to say he would be buying a Lamborghini soon. Lol. I reduced my positions yesterday and today.Quote:
Originally Posted by snake_in_the_assOh god, if sonatine thinks it is going to 60k it is probably time to be cautious.Quote:
Originally Posted by sonatine
I thought the whole premise of bitcoin was that the Big Evil Jew Banks couldn't fuck with it.Quote:
Originally Posted by GambleBotsChafedPenis
A man who sells at the bottom, buys at the top. I took you for smarter than this...Quote:
Originally Posted by snake_in_the_ass
:baddecision
He'll lose them or have them stolen just before getting his Lambo. And then he'll off himself.Quote:
Originally Posted by snake_in_the_assThe biggest mush in the world that I know bought BTC yesterday. He called me to say he would be buying a Lamborghini soon. Lol. I reduced my positions yesterday and today.Quote:
Originally Posted by snake_in_the_ass
You think we going back to all time highs soon? I reduced my positions, still got a bunch long.Quote:
Originally Posted by DonaldTrumpsHairPieceA man who sells at the bottom, buys at the top. I took you for smarter than this...Quote:
Originally Posted by snake_in_the_ass
:baddecision
don't mean fucking with it...I mean trading it and deriving some sorta of trading desk income from it...they're not getting their piece of BTC 15xing, LTC 75xing, etc, so they're pissed off about it...Quote:
Originally Posted by DirtyBI thought the whole premise of bitcoin was that the Big Evil Jew Banks couldn't fuck with it.Quote:
Originally Posted by GambleBotsChafedPenis
He won't off himself. His net worth is probably under $5000. Just got a little cautious cause he called me saying he is long BTC. Lets see what happens.Quote:
Originally Posted by Belly BusterHe'll lose them or have them stolen just before getting his Lambo. And then he'll off himself.Quote:
Originally Posted by snake_in_the_ass
watching pfa's most desperate wanna be gordon gecko's debate which one of them is better at getting sucked into a ponzi scheme is exactly why i go through the effort to log into this forum.
Quote:
Originally Posted by sonatine
While we debate it I made 20000% on XRP as of today, I feel really really stupid. What have you earned debating it?
I am not arguing long term and anyone who passes on short term because they disbelieve long term is someone who may make a buck by the time they are 75 and can enjoy it LOL
Quote:
Originally Posted by snake_in_the_assYou think we going back to all time highs soon? I reduced my positions, still got a bunch long.Quote:
Originally Posted by DonaldTrumpsHairPiece
In short yes, here is why.
It does have a support level well above $11k.
New institutions will be adding trading in 2018
New institutions need a better BTC price to then short it and make on both sides.
It is not early to mid 2018 yet so btc to $20k+ imo starting anytime.
You will wake up shortly and see BTC above $17k-$18k again and then up further as GS etc buy up coins to then short.
BTC is not done, one day maybe sure but not today. I have felt sick so many times over the years watching it roller coaster that as of now I look forward to the feeling, means buy not sell.
For BTC, if you missed 2013, you missed the train. For most alt coins the same is true of 2017.
The end of 2013 wasn't even a major deathblow to BTC, it was just a few early adopters cashing their coins. To a degree the current volume partly protects BTC from that, but the likelihood of other risks keeps rising.
For 2018 to match 2017 BTC would have to finish at 225k per coin. For it to match 2013 peak we are talking about something like 1,2m per coin at some point in 2018.
Obviously the gains cannot continue at the same pace but when you can still out pace your annual retirement plan in a day or 2 or 3 you don't need XXXX% returns, XX% is just fine!Quote:
Originally Posted by gimmick
Obv and if you bothered to do your homework with crypto, it's still a fine way to make money. It's just not likely something you can make money knowing absolutely nothing about it or something you should spend few thousand hours learning. Sorta like the value of getting decent at poker was nothing in 2016 compared to 2006.Quote:
Originally Posted by DonaldTrumpsHairPieceObviously the gains cannot continue at the same pace but when you can still out pace your annual retirement plan in a day or 2 or 3 you don't need XXXX% returns, XX% is just fine!Quote:
Originally Posted by gimmick
reading bitcoin advice is like watching the old asian dudes study their baccarat scorecards.
In terms of knowing when the best time is to buy/sell sure but a moron with $10k can buy BTC and hold and should see $$$$ profits by simply buying. They do not need to day trade...all good things come to ends but still a far way off for BTC.Quote:
Originally Posted by gimmickObv and if you bothered to do your homework with crypto, it's still a fine way to make money. It's just not likely something you can make money knowing absolutely nothing about it or something you should spend few thousand hours learning. Sorta like the value of getting decent at poker was nothing in 2016 compared to 2006.Quote:
Originally Posted by DonaldTrumpsHairPiece
In terms of putting the hammer to wanna be gordon geckos:
https://www.engadget.com/2017/12/28/...y-regulations/
:lol2