Jump to content

Welcome to the Freedomain Radio Message Board


Sign In 

Create Account
If you're interested in joining the philosophical discussion, click "sign in" or "create account" on the right of the page. If you're creating a new account, please be sure to include an explanation as to why you're interested in joining the message board community. This verification requirement is included to cut down on possible troll and spam accounts.

If you have supported Freedomain Radio financially and would like immediate access to the message board - or - your donation status is incorrect, please contact Michael at operations@freedomainradio.com with your information and the situation will be addresses ASAP.
 
Guest Message by DevFuse

LISTEN TO A 24/7 STREAM ON THE NEW FREEDOMAIN RADIO iOS APP!

DONATOR ONLY PREMIUM CONTENT - For more information on donator levels click here


67 Philosopher King files - 74 Gold files - 48 Silver files - 51 Bronze files

One new video and podcast on the Caitlyn Jenner story has been added to the Gold donator section.


If your donator status is incorrect, please contact Michael at operations@freedomainradio.com with the relevant information and it will be corrected as soon as possible.


Photo

Breaking news - Bitcoin Is Tanking!!


  • Please log in to reply
123 replies to this topic

#106
TheRobin

TheRobin
  • 1051 posts

intersting explanation/summary of the latest BTC events http://bitcoinmagazi...-economic-zone/


  • 0

#107
Bulbasaur

Bulbasaur
  • 62 posts

Thanks, that seems like a much more levelheaded analysis than most of the headlines I've seen. I also just came across this, which gives a similar assessment:

 

http://www.reddit.co..._nobody_in_the/


  • 0

"Beware of anyone who wishes to take the burden of improvement away from you." - Stef

 

"The truly free individual is free only to the extent of his own self-mastery. While those who will not govern themselves are condemned to find masters to govern over them." - The War of Art

 

"There is no shame, there is honor in suffering evil, if you work to overcome it." - Stef


#108
Rob_Ilir

Rob_Ilir
  • 146 posts

Thank you for the info Bulba. In that graph, did you put the red and blue limit lines or can I too find it like that somewhere?


  • 0

#109
Bulbasaur

Bulbasaur
  • 62 posts

I'm not quite sure which lines you're referring to, but I got the chart from bitcoincharts.com. 

 

http://bitcoincharts...za2gEMAzm2g21zv


  • 0

"Beware of anyone who wishes to take the burden of improvement away from you." - Stef

 

"The truly free individual is free only to the extent of his own self-mastery. While those who will not govern themselves are condemned to find masters to govern over them." - The War of Art

 

"There is no shame, there is honor in suffering evil, if you work to overcome it." - Stef


#110
zg7666

zg7666
  • 237 posts

I've just found this.

 

https://images.weser...1466910.png


  • 0

FDR_LIBRARY_ANIM_4.GIF


#111
TheRobin

TheRobin
  • 1051 posts

where does that down-arrow come from? (I mean how do the chartmakers base their prediction on?) Or is this more basic trader knowledge/methodology?


  • 0

#112
zg7666

zg7666
  • 237 posts

pennant forming in traditional Tehnical analasyis should mean we go down more... but again, it is just TA. They see the market as 80% psychological. http://www.investope...calanalysis.asp  or https://en.wikipedia...hnical_analysis

 

Posted Image


  • 0

FDR_LIBRARY_ANIM_4.GIF


#113
zg7666

zg7666
  • 237 posts

"Alleged" news from China on Weibo that Chinese banks are banned from funding BTCChina.


  • 0

FDR_LIBRARY_ANIM_4.GIF


#114
Ruben Z

Ruben Z
  • 470 posts

That is still pretty dam expensive. I fought it went down to $30 or something like that . 

 

Perhaps today  ... 


  • 0

#115
J-William

J-William
  • 1320 posts

"Alleged" news from China on Weibo that Chinese banks are banned from funding BTCChina.

BTC China (the worlds's larget exchange) says they are temporarily suspending CNY deposits.

I needed about $200 in my US bank account and figured out that Bitcoin was the cheapest and easiest way to do that... and after I transferred the money the Chinese government realized the same thing.

 

I'm not sure I should feel smart, or not...


  • 0

Please check out my game "Hungry Blob", it's a pleasant time-waster. https://itunes.apple...d923740806?mt=8    :thanks:

“Good men don’t serve in the army.  Good iron doesn’t get turned into nails.”- Chinese saying

 
 

#116
FreedomPhilosophy

FreedomPhilosophy
  • 258 posts

The November rally didn't have significant volume behind it, December has been about profit taking from those latecomers. The important price action is around the $100-$250 price range, and that will probably be tested again if the $460 low doesn't attract more interest.


  • 0

learn how consistent application of principles can make the world a better place at www.freedomphilosophy.tv


#117
zg7666

zg7666
  • 237 posts

http://www.reddit.co..._btcltcxrp_etc/

 

BTC38.com accepts CNY for BTC.. LTC.. etc. - I am not sure, looks quite shaky to me.

 

That is probably what is behind this rally, for now.


  • 0

FDR_LIBRARY_ANIM_4.GIF


#118
FreedomPhilosophy

FreedomPhilosophy
  • 258 posts

So, that $460 area attracted a lot of buyers! Here's my post-mortem of the "bubble" hypothesis. Bitcoin has tanked quite a few times before, it's nothing new.


  • 1

learn how consistent application of principles can make the world a better place at www.freedomphilosophy.tv


#119
zg7666

zg7666
  • 237 posts

http://www.coindesk....-bank-deposits/

No price impact so far. Probably because of Chinese new year. 

  • 0

FDR_LIBRARY_ANIM_4.GIF


#120
zg7666

zg7666
  • 237 posts

Yesterday, Jeff Berwick of the The Dollar Vigilante wrote: Rumor from quite reliable sources telling us that things are about to get very ugly at Mt. Gox. Stay Tuned. "Being told if you have a small amount or nothing on Mt Gox but have an account to just delete your account. If you have a large amount it is up to you."


  • 0

FDR_LIBRARY_ANIM_4.GIF


#121
TheRobin

TheRobin
  • 1051 posts

I'm not quite following that: Why is it necessary to delete an account with nothing in it?


  • 0

#122
Wesley

Wesley

    Self-Excavator

  • 1412 posts

Yes, I do not understand this either. Either the small amount will be gone or not or the empty account will be gone or not. I dont understand the problem.


  • 0

donate-bitcoin.png

1WeseFAK4zBx6EmMVa7Fk7WwbCifgmncC

msg-15999-0-69214900-1403872028.jpg    header_logo.png   podcasts_icon.png.original.png


#123
zg7666

zg7666
  • 237 posts

Today he said: [color=rgb(51,51,51);font-family:'lucida grande', tahoma, verdana, arial, sans-serif;font-size:12.727272033691406px]Remember when I warned it was going to be a bad week for Mt. Gox a week ago? This is what I was talking about (good sources). They may also go after Mt Gox clients in a "money laundering" (aka not wanting to be extorted) manhunt. [/color]http://www.maxkeiser...gox-subpoenaed/


  • 0

FDR_LIBRARY_ANIM_4.GIF


#124
J-William

J-William
  • 1320 posts

I think it's promising that the two largest bitcoin exchanges have experienced government problems. BTC China not being able to take deposits and Mt.Gox having the evil eye of Sauron turned their way...

 

and yet bitcoin is still going strong!  :woot:


  • 0

Please check out my game "Hungry Blob", it's a pleasant time-waster. https://itunes.apple...d923740806?mt=8    :thanks:

“Good men don’t serve in the army.  Good iron doesn’t get turned into nails.”- Chinese saying