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Bitcoin trading/mining
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Bitcoin trading/mining

  #61 (permalink)
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Cogito ergo sum's Avatar
 
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Bitcoins going mainstream if the SEC were to authorise this?

The Winklevoss Twins Would Like To Help You Trade Bitcoins With Their Bitcoin ETF


Last edited by Cogito ergo sum; July 2nd, 2013 at 08:37 AM.
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  #62 (permalink)
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Cogito ergo sum View Post
Bitcoins going mainstream if the SEC were to authorise this?

This should have a downward pushing effect on price, if similar ETFs for Gold and Silver are any reference.

The price currently is weakening, sub $84. Supposedly the current high hash rate miners keep continuously cashing out and LTC is getting stronger on the possibility of being listed on Mt.Gox very soon....

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  #63 (permalink)
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Pedro40 View Post
This should have a downward pushing effect on price, if similar ETFs for Gold and Silver are any reference.

That poses an interesting question indeed. I wonder how traders and investors would actually respond to this ETF. Considering that: "Bitcoin is anonymous, untaxed (for now) and quite liquid in and of its own right despite all the complexities of a cryptocurrency. A bitcoin ETF is taxed, has fees, may or may not be liquid at all..." Source: Macro Man Blog

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  #64 (permalink)
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Mt. Gox Bitcoin exchange back in action

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Quoting 
As promised, Mt. Gox has reenabled cash withdrawals after taking its system offline to iron out the kinks. The Bitcoin exchange says it's successfully processed over $1,000,000 worth of transactions during these past two weeks of testing, which has given it the confidence to resume business -- despite a backlog on some transactions. Mt. Gox is also announcing that it's signed more banking partnerships "in Japan and around the world," though no specific companies were named.

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  #65 (permalink)
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Wow, sub-$70 now, hit $65 today. The last 3-4 days have been constant rather slow but unstoppable sliding down. What is going on? The Winklewii are crying....

Possible explanation:

"The fall is from people mining with Asics and immediately cashing out.
If you were generating 20-30 coins a day with an Asic you'll cash out too. The problem is everyone is doing it at the same time."

If true, the miners' success is bitcoin's downfall....


Last edited by Pedro40; July 5th, 2013 at 06:51 PM.
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  #66 (permalink)
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Germany recognizes Bitcoin as a ?private money,? subject to capital gains tax | Ars Technica

Mike

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  #67 (permalink)
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Bitcoin ATM Makers Open Pre-Orders & Fund Initial Run Of 15 Banknote-Eating Machines | TechCrunch

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
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  #69 (permalink)
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US government seized $5 million from Bitcoin behemoth Mt. Gox | The Verge

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
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6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
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  #70 (permalink)
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Bitcoin - Now what?


After closing "Silk Road" where will this adventure head now?

GFIs1

source:
Bitcoin Prices Plunge on Bust of Online ?Black Market? - Bloomberg

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