Recent content by remme001

I think it says a lot when Paul Krugman sounds more positive about Bitcoin than most (if not all) in this thread.

Very much reminds me of this ha. It's important to keep an open mind, especially with technology. I'll see you guys on the other side of your trades. I'm in it for the long-term.

Dogecoin is my market hype indicator. When this is at all time highs it's time to worry. I'm glad to see it near its previous lows.

Never really understood the volatility counterargument there. Look at gold, it's supposed to be the ultimate store of value and yet it fluctuated 45% between 2011 to 2015 and by fluctuated I really mean fell :). Sure it's not as volatile as cryptocurrencies but I wouldn't exactly call it stable...

The blockchain has not been around for 25 years. If you want to put it in a basket and categorize it as a distributed database go ahead. The blockchain technology itself is not exactly the same as the generalizing category you call distributed databases. The blockchain did not exist before 2008...

Right ok, Ignore the relative long-term trend on the log scale Ignore the fact that Bitcoin is deflationary Ignore the fact that this is a young market which pales in comparison to others by market cap Ignore the fact that exchanges experienced record registrations in 2017 Ignore the fact that...

I disagree with your claim that the BTC rise is purely down to tether manipulation. Crypto exchanges experienced their highest ever level of registrations towards the end of 2017. They are so backlogged with registrations coinbase had to treble their support staff and yet KYC approvals still...

The intrinsic value debate of Bitcoin has been done to death so I'll keep this one minimal. Price is driven by supply and demand plain and simple. The more people that want to use Bitcoin as means of value transfer and store of value the more demand there is. Bitcoin is also deflationary with an...

For starters, there is the long-term trend but that isn't fundamental. This aside regulation is a big driver in the sentiment of the market at the moment. A lot of institutional investors are still on the sidelines waiting for proper regulatory guidance in place before jumping in. Bitcoin is one...

I'm fine with either. I'm a long-term investor. If things go in the direction of the orange line I'll buy a little more as I don't have quite enough BTC that I'd like. The other will let me retire a little earlier than anticipated.

Zoom out. BTCs long-term trend on the log scale is very much intact. I also do not expect BTCs recovery to take as long as the previous years to recover as the now bankrupt Mt Gox exchange at the time accounted for as high as 90% of the trading volume whereas with this current short-term bear...

In terms of value yes but not in terms of biggest decline by percentage. Bitcoin once dropped from $30 to $0.25 in 2011. Source Andreas Antonopoulos.

I see a lot of people ask this question and I get it there are many newbies around that haven't experienced Bitcoins past. Bitcoin has crashed many times before and it will crash many times in the future. Every time it comes back stronger. Bitcoin is 9 years old now. People have been calling...

My strategy has changed so some of the requirements in my list are not that relevant anymore however if they were I'd give ActivTrades a try. At the moment I'm using Ayondo primarily because of the adjustable margin (great feature), negative balance protection and the fact that they only charge...

I'm in the UK and I did consider Saxo for a share trading account at one point as they seemed competitive until I noticed there's a custody fee mentioned in one of their fees pdfs. Something worth looking into.