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Offline bluebit

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Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit
BTSX TipMe: bluebit

Offline CoinHoarder

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #1 on: September 19, 2014, 06:59:05 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

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Offline tonyk

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #2 on: September 19, 2014, 07:02:57 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

Why do you think he has to have an opinion on that?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline nedscott

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #3 on: September 19, 2014, 07:09:37 PM »
looks like an elevator on its last wire


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Offline bluebit

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #4 on: September 19, 2014, 07:14:18 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

Why do you think he has to have an opinion on that?

He doesn't need to answer, I'm just asking because I see him as a leader.
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Offline biophil

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #5 on: September 19, 2014, 07:14:19 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

Why do you think he has to have an opinion on that?

Dear tonyk: I just love how you're always so needlessly confrontational. In this instance, is it because you think BM is unable to protect his own time, and if you berate bluebit for asking a totally legitimate question (that most of us, I'm sure, would love an answer to), somehow you'll keep BM from answering?

Is it because your name wasn't on this thread yet and in your self-aggrandizing manner you couldn't help interjecting something unnecessarily aggressive?

Or maybe it's just that bluebit is on your extensive list of forum members that you personally dislike.

In any case, as you can see from this post, I'm a big fan of your style of turning potentially useful threads into pointless tangential arguments.

Sincerely, biophil

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Offline eagleeye

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #6 on: September 19, 2014, 07:14:53 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

well,Alibaba IPO is sucking money from the Americans......Chinese can't buy American stock even if they want to ....
 :P

Anyone in the world can buy American stock on the NYSE or NASDAQ.

Offline tonyk

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #7 on: September 19, 2014, 07:22:57 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit
 
Why do you think he has to have an opinion on that?

Dear tonyk: I just love how you're always so needlessly confrontational. In this instance, is it because you think BM is unable to protect his own time, and if you berate bluebit for asking a totally legitimate question (that most of us, I'm sure, would love an answer to), somehow you'll keep BM from answering?

Is it because your name wasn't on this thread yet and in your self-aggrandizing manner you couldn't help interjecting something unnecessarily aggressive?

Or maybe it's just that bluebit is on your extensive list of forum members that you personally dislike.

In any case, as you can see from this post, I'm a big fan of your style of turning potentially useful threads into pointless tangential arguments.

Sincerely, biophil

Sent from my SCH-S720C using Tapatalk 2

Sure next time I will ask for permission to speak, first, Sir!
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline CoinHoarder

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #8 on: September 19, 2014, 07:40:20 PM »

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

well,Alibaba IPO is sucking money from the Americans......Chinese can't buy American stock even if they want to ....
 :P

Anyone in the world can buy American stock on the NYSE or NASDAQ.

Maybe there is some silly law, regulation, or restriction that makes it challenging to do so.
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Offline dipplum

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #9 on: September 19, 2014, 07:43:47 PM »

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

It wouldn't be easy for a normal Chinese guy to buy Alibaba stock from NYSE.

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Offline luckybit

Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #10 on: September 19, 2014, 07:44:32 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

Maybe you should buy BitUSD so you can lock in your profits.

What I know about Bitcoin (I'm not Dan but I'll give my take) is that some hacker has hundreds of thousands of Bitcoins from MtGox hack. It's easy to manipulate the market with hundreds of thousands of Bitcoins.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline eagleeye

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #11 on: September 19, 2014, 07:46:34 PM »

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

It wouldn't be easy for a normal Chinese guy to buy Alibaba stock from NYSE.

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Any Hong Kong Brokerage would probably allow you to do it.

Offline oldman

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #12 on: September 19, 2014, 07:48:47 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

I'm not a Larimer, but I read a good theory yesterday. Basically.. the Alibaba IPO is sucking money out of the ecosystem. A lot of the price support has been coming from China, and they are mostly interested in getting a piece of one of China's biggest and most successful companies. If one of our bilingual friends from China could weigh in on this theory, I would appreciate it.

http://bitcoinmagazine.com/16481/bitcoin-price-dropped-today/

No.

With all due respect, of course.

Edit: http://www.reddit.com/r/BitcoinMarkets/comments/2grvkh/correcting_a_few_bear_misconceptions_who_is/


« Last Edit: September 19, 2014, 07:52:18 PM by OldMan »

Offline Shentist

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #13 on: September 19, 2014, 07:49:02 PM »
Dear Mr. Larimer,

I would like your take on what's currently happening to the price of Bitcoin and where you think it's headed or will you discuss this in the Beyond Bitcoin Hangout, thanks

-bluebit

more sellers than buyers - point!

no one , no one can tell you more because the pressure at the moment is on more crypto markets then only BTC.

Offline donkeypong

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Re: Dan Larimer - Your thoughts on what's happening to Bitcoin right now
« Reply #14 on: September 19, 2014, 07:51:33 PM »
Perhaps it's a confluence of factors. Another factor might be that the markets were awaiting this Scotland vote, since a 'yes' would have assured some fresh instability from Glasgow to Catalonia to Quebec. Scottish independence going down so handily certainly threw some cold water on those parties. Bitcoin, like gold, has been acting as a bit of a hedge, and perhaps people were more hedged into than we knew. Now, nobody wants to miss the stock market rallies that should follow this collective 'breath of relief' for the world financial system.

 

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