A 2MB blocksize increase by Core would've preempted any need for Segwit2X. It may have even have avoided the BCC fork.

It's healthy for the miners and economic nodes to try to force features into bitcoin. This whole process keeps Core honest, and makes sure bitcoin doesn't just become a technocracy, run by a bunch of computer scientists in an ivory tower. You don't have to give into every whim by the miners, but you need to manage them and give them small concessions (like 2MB blocks, IMO).

We'll see how secure Core remains if/when 80%+ hashing power switches to the fork. I'd agree that doesn't seem very economically sustainable ATM, though.

If weeks ago or even days ago someone said "put loads of money in monero 2 days before btc segwit activation" I would have said you need to take your medication my friend and maybe go back to your padded room.

Slow and steady wins the race. Digibytes jumped up like Ram Man and look what happened there.

My tax plans include planning on living longer than the US exists.

It will bottom out in the $2200-$2800 region.

The question is, which will tank the most from China shutting ?

 • demand
 • supply

Why should we fear the opportunity to buy more cheap coins?

Yeah, it feels like this is the Purging the Newbies - phase. I was buying coins from people with only 1-2 trades in their history.

Bitcoin.de

hey spiff, good to see ya

still didn't get your real account back???

Do you have reason to know that it is not a ponzi scheme?

In my humble opinion its current price is partly based on a pyramid schmeme...but that is the property of every bubble

Wow you are clever in quoting wiki. Maybe there's the possibility that many "all hail the Bitcoin"-people are just a proxy for a rather large Ponzi?

Moving on up !

Damn, I did it again.
Buy at 3016, sell at 3005, don't buy back when reversal begins...

Because you value access to that thing today.

Hey I am only half serious.. you know; however, even though I agree with your overall sentiment that there is a certain level of disingenuous troll that is on a much higher plain... yet I cannot really defend jbreher in these regards, because in recent months, he seems to have become more desperate in his knocking of the seg wit complex, or whatever he calls it.

He fails and refuses to acknowledge the real bitcoin, even though he claims to be cold-storageing a vast majority of his holdings... bad talking and denigrating a coin that he mostly holds seems a bit counter-intuitive.. and really the fact of the matter is that bitcoin's value has gone up exponentially while Jbreher has doubled and tripled down on the bad mouthing and spouting scaling nonsense and suggesting that bitcoin is broken or needs to change more easily.. while seeming to fail and refuse to recognize that a lot of bitcoin's value comes from its difficultiness to be changed.. and the fact that the failure of the rogue hardfork of his buddies is part of the additional exponential growth of bitcoin in the past month or so... and jbreher seems to largely part of the group of saboteurs and anti-bitcoin plotters - even though ironically, as I already said, he proclaims to hold a large number of the buggers.. go figure.?

yeah yeah spiff

we all know you are George Soros  

Idk wtf you're talking about, but tell me more about when the jews were out of business b/c gold & silver were money.

SNB looking to take a small hedging position?

As an aside, since nothing is happening and we are bored, let's have a little philosophical kerfluffle. What is the difference between genius and insanity?

next stop $3400 ?

<---- point

VVV
Your head

Try Kraken. They run their server on a toaster, but they don't fuck around with people.

I may move everything on to an exchange just so I can lay claim to this cool title.

A splendid golden good morning ladies and gentlemen of Bitcoinland.

My hangover may be throbbing but so is my woody... current price $5960USD/$7520CAD (Bitcoinaverage).

WTF how can i swap 1:1 BTC:SEG2x with Ver?? I guess he's already abandoning BCrASH?

I used to enjoy making fun of myself. It's only money, it's a deadly interesting project, Bitcorn this and Bitcorn that. Now I don't know how I'm supposed to behave. I'm a Bitcoin elder now. Can I still call doom for no reason? Do I change my kicky pseudonym? I, too, feel the weight of responsibility. 

but we would all still have pants

Caressing his giant pile of silver he bought with proceeds from dumping
all his bitcoin at $230...

Nice ride... Let's repeat!

lol. $600 dive, but still up 4% in 24h period.

This is an interesting problem. Not quite sure what you should do other than buy a 70 foot tall grain silo, fill it with gold, and go swimming like scrooge McDuck.

I hope to become very involved in life extension. Hopefully it will play a big role on the seastead, many seasteaders I've met so far support it.

Ok, I understand. And the technical reasons?

I think this will the dumpers last gasp. BTC now 3.1X more profitable to mine than BCH.

https://fork.lol/

This brings up an interesting tax thought:

If you sell your bitcoin cash for cash then you have to pay the difference between either 0 or the strike price as a profit. This is not unusual and makes sense.

However if you take your bitcoin cash and switch it into bitcoin again what happens? Technically when it split off it reduced the value of bitcoin by its value. Ok, fair enough. But if it had remained bitcoin and bitcoin went up more than bitcoin cash has isn't it technically a capital loss? Or if a gain only the differential between the bitcoin value at the time and now applied to any bitcoins sold after that time that may have been some of the bitcoin cash coins (assuming one is using LIFO, most people want to use FIFO for capital gains thus they would be screwed)?

These are the things I think about while the dryer is running with my pants in it.

You will send them the euros, and they will convert them to dollars. It is not trading in euro.

Trezor https://beta-wallet.trezor.io/ now supports Bitcoin Gold splitting.

In this moment, I am erect.

It has to say something about Bitcoin that on top of its astronomical rising value, a spin off, that was
given away for free,just for holding Bitcoin,can now sell for around $1500 .
(not to mention all the other smaller shitcoins players I wont mention)

And now the latest giveaway, airdrop, fork (wtf ya wanna call it) tokens, coins ,crypto (wtf you wanna call em)
are going for around $400 a pop. Now another two in the wings... (not to be named) WTF??
Its one thing to say this is  getting ridiculous,scam, yada yada, and who wouldnt agree?
But  these things are trading for real money, ferchrissakes! baffling I say..just baffling....
  
Can you imagine what would happen if Joe Public knew (or even believed FTM)
about all this free money sloshing around in the Bitcoin theater?  

Me  neither.....

jayzus, I love my BTCitcoin!!!

Also, at current prices, you can only withdraw about 2.9 BTC a day with verification (compared to 100 BTC for Bittrex).

Most of these seasteader types are:

1. Lone wolves
2. Anti-social
3. Stubborn
4. Eccentric
5. Nerdy
6. Drug and alcohol users/abusers
7. Entitled
8. Self righteous
9. Egotistical
10. Male

Earwig. Low.

Wakes up, opens laptop, sees 5 full digits on top of the browser tab. That looks really bizarre.

CME group delay?

https://www.reddit.com/r/BitcoinMarkets/comments/7gbmvi/cme_says_bitcoin_futures_coming_this_year_but/

I take it the rate of new accounts at the exchanges has tapered off now too right?

Of course, it's normal for things to get very cheap on the black market once they become illegal.

Imagine that either Tera did not buy enough bitcoin or sold too many, and the bearish-bullshit talk begins to wax, wane and spew from her mouths....

Sure you have these bearish tendencies, which can be reasonable, but frequently you are spewing out scenarios that are NOT in touch with real actual happenings an real actual events in order to spread FUD.

Don’t beat about the bush. Say what you really feel.

So, theymos is now advising those of us who went 50% in on Bitcoin, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.

I respect him, but can't help but wonder if that is a good piece of advice... I feel I should have invested more in BTC when I could. But I guess that's the greedy side of me talking. Will see how things play out...

note to ZeroHedge Tylers

10% swings in Bitcoin are not news.

Adam Back weighs in on how Bitcoin can be used in commerce: https://www.youtube.com/watch?v=BGfPEZRkn6o

Seems plausible.

Is this a fake champagne or did you opened the bottle 3 days ago?
There are no bubbles, that should be horrible...

Same. Can't sell it withdraw.

Most luxury items are stupid, from "limited edition sneakers" to diamonds to those "super" cars.

Basically a "stupid tax".

Fuck retiring off BTC. At this rate, I'm going to be able to retire early just off LTC alone, and sit on my entire BTC stash until 2020 !

I LOVE THIS FUCKING CRYPTO SHIT !!!

Yes, travel into your cave and find your power animal.

However this thread is great for helping keep my finger on the pulse, new news, and a few good lulz in between.

I was beginning to wonder....  Net neutrality is 'meh'?!!!

I can't prove to you that it can, but I believe that it is several orders of magnitude better than a mere block size increase.

I feel like the oxygen masks should drop from the ceiling.

Rosewater...breathe into the bag man

thanks...and sorry about el humungo pic

You know what? Fuck you and the pre-historic ancestor of the dromedary that you rode in on.

WTF that I have stated have you misinterpreted as a claim that the average person will be able to own their own semiconductor foundry.

Please.

Oh - you can't? I return you to the opening. Fuck You.

No matter how many millions I might have sometime in the future. $500 is still a lot of money.

One thing is defending LN is the real scaling solution vs linear block size increase -although they are both compatible-, and another very different one using the argument that with current prices fees are reasonable. They are not. That's wrong. Fees are too expensive currently.

Meh. Not sure what the fuss is about these future markets. It only seems to be people gambling for or against the bitcoin price in the future with fiat and settling with fiat. No BTC is ever acquired or sold at all.

Annoying as phuque.

Kept going to cloudflare, kept retrying, kept getting that annoying "another reply has been posted you may wish to review" message, finally find out I'd posted the same message a half dozen times.

I then wasted almost as much time deleting the extraneous messages.

Perhaps Theymos should consider disabling that annoying message during DDoS attacks or other periods of stress on the servers.

Ah, and finally here is the trigger :

(it took ZH long to figure it out this time )

http://www.zerohedge.com/news/2017-12-19/bitcoin-crashing

Breaking 24777$ prediction game


27/12/2017 bikerleszno
29/12/2018 cAPSLOCK
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypole
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siert
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56


SOME HAVE TAKEN A DATE THATS ALLREADY OCCUPIED     
                                                                                       -vito5
                                                                                       -Dotto
                                                                                       -Ibian
                                                                                       -Roombot
                                                                                       -InvoKing                     TAKE DIFFRENT DATE PLEASE , THE DATES YOU GUYS PICKED WERE TAKEN
                                                                                                   
MANY PAGES BACK I POSTED THAT YOUR MINIMUM ACTIVITY NEEDS TO BE 50+ TO COME ON THE LIST! NO NEW ACCOUNTS GR

Ha. Nice.

I was listening to the Proudhon song, and at one point in the video there is an image of all the forum avatars of the old timers from this thread. I remember being pissed that mine didn't make the cut. Then I was like... are those guys still there? Is Proudhon still here? He/she was calling bubble before anyone even heard of bitcoin, haha. Then I saw the video uploader was TheKoziTwo, who I seem to recall poured a shit ton of cash into Gox before it collapsed.... ouch. Hope he/she is still around.

Good luck with all the wall watching guys. I moved on to crypto twitter. Still HODLing.

You mean someone sold 111424 BTC in one fell swoop? Sounds awfully close to the amount the Winklevoss have been holding. 

The real question is why would you consider it a "buy" at all? Does it feel good to have a slick hypothetically functioning payment system that mimics Bitcoin, but no one ever uses to buy things with because there is zero merchant adoption?

Serious question. I'm trying to understand the delusions and fallacies associated with the altcoin market. So far I'm still not getting it.

Or if you just consider it a "buy" because you think it's going to get pumped one day, then just say so. Penny stocks see their day in the sun sometimes too.

What hole tho? The impetus for creating Bitcoin against the other existing forms of payment/banking systems was clear.

How about the delusional hole in rationale that says once we have a single crypto payment system that is secure, decentralized, functional, and popular (w/ users, brokers, exchanges, and merchants), that we need another one? Or a thousand more? Ten thousand more?

You little shits have near filled an entire page talking to or about it.

Stop it.

Yes there is. Zero. And we're three times closer to it than we were just a few weeks ago. Probably Friday is my guess for hitting it.

It leapt up to 2000.... at around 7870 - now at 1410 a little over 8000.

Somehow I doubt it will wait to be totally sold into.

EDIT: Nope - looks as it's really buying, almost gone.  I hope it pushes things up, but I am not sure it will.

Bitstamp does have chained orders. You should play a bit with it as it could automate a bit more your trading. I don't use bots either, that would be too much automation for me and my smallish trading. This is just for setting an equal higher limit sell order right after the buy order has been filled... and viceversa. But it only does it one time, after the second order is executed (what I denominate a "combo" in lack of a better term) you would need to manually insert a new one (or if you are "live" substitute the standing second order for a chained one).

In bitstamp you just have to go put a limit order as you usually do and then you have a small link that says "advanced" and when clicked you can set at which price the contrarian order will be put AFTER the first one gets filled.

For me it is a VERY useful feature. YMMV.

I don't see how somebody who didn't put themselves and their own development (economical, emotional, intellectual, spiritual) first would raise children. Such a person would have nothing to offer to their offspring and just propagate problems through generations instead of making improvements.

I understand very well how life works. And making sure that I put myself in the best position that I possibly could from the above mentioned perspectives ensures that my children will be significantly better off than the children of somebody who chose to play along with their peers instead.

Do I have to argue out how being emotionally stable, intellectually honest, and financially independent are traits that would be beneficial for any child's parents to have?

You haven't made any arguments. You've brought up a random example that is pretty much irrelevant to the point. But let's entertain it. If I've made sure that I'm financially stable I will be capable of providing better health care to my child as a result.

And now, back to our regularly scheduled program...

Inverted head and shoulders forming?

Do you understand comparatives? I've specifically talked about better health care as a result of putting my own growth above hive mind before having children. And last I've checked better is a descriptor that indicates superiority over inferior instances.
But since that still doesn't seem to get into your head, here's another angle, from the same argument that I've already made multiple times now. If I've made sure to put myself first, which includes emotional stability, then I would still have a far easier time to give up my sleeping hours and be more capable of providing emotional support and soothing to my sick child.

If you put the same amount of effort into understanding my argument that you put into trying to make up some pointless example and trying to twist and bend it to make up nonsensical arguments you might actually get why making sure that you're fully self-responsible before having kids is the highest goal that any parent can achieve (as a person responsible for the life of a child).

Thought experiment. On his way up the dusty trail to retrieve his silver stash, roach encounters ibian asleep. Afraid he might try to steal his silver on the way back down, roach considers poisoning ibian's whisky. And according to the logic of self-interest, he does. Later, ibian shoots roach and robs him. Then he drinks some whisky and dies.

Had roach and ibian cared more about the welfare of others and less about themselves, they would still be alive today.

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW.

Bitcoin White paper, first paragraph, Abstract:


Source: https://bitcoin.org/bitcoin.pdf

I don't get how can you disagree with the definition?

Edit from above:
Section 4. is even more explicit:

If this isn't proof that using the word "Bitcoin" for anything other then BTC is a scam, I don't know what is.

It's not "gospel", it's definition. You can define other things yourself, but give Satoshi Nakamoto the right to define what Bitcion is.

Can we go back to arguing about child support?  

I'll just leave this here

So you're using blockchain technology that isn't derived from the Bitcoin code? You do realize the blockchain was invented by Satoshi Nakamoto, right?

I'd posted my reply about PoW change before reading the posts by Icygreen, flipperish, flynn and others.

I, too, would like the full nodes to have a say in the relative distribution of hash functions, but full nodes are too easy to sybyl attack. PoS vote is also dangerous, because established miners have huge availability they could employ to crush GPU- or CPU- friendly functions. That's why we will eventually need to figure out more game theory to have a stable solution.

1% adoption of bitcoin is 100% of what I expected in a good scenario. Most national currencies are used by less than 1% of the world. The idea of a whole world that uses bitcoin is a fantasy.

I always see this:


Just as repetitive, but more concise, more informative.

I don't even have any idea what the normal forum sections are these days.

I'm 2 or 3 years + just in a few meaningful threads.

Haven't you left the market yet? You said you were likely to be exiting one day before the local bottom at $7400.

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

So you are saying that we need to architect for speculative, pump-and-dump throughput that happens over a few month period every 2-3 years? It literally sounds like you are saying that. That was never the use case nor the purpose of Bitcoin.

And Lightning Network is the answer to that. Not just more block size pile on.
Again, block size increases have nothing to do with the promotion of increasing userbase or merchant adoption. If that were the case, merchants and end users would be going crazy for BCash right now.
News flash, Walter Cronkite: They aren't.

Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.

What, no love for the yefi?

I do think Bitserve has a good chance if we see a quick recovery. He picked a very nice range of dates. Hopefully we won't be in for cryptowinter, otherwise it's gonna be luckgenough56.

The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path.

I don't think there is any panic in the market.   Everyone is realizing that some whale is selling desparately with the hope to convince the traders there is absolutely positively no manipulation. So far utter disaster for him/her. The volume is so low that probably with the exception of this whale no one is selling. Hodlers can't be tricked so easily. The next halvening is at the corner and even if the price falls temporarily under 7K, in less than 2 years the traders will start to buy in preparation of the halvening. After that the pressure on the price will be much lighter (only 900 BTC per day, vs 1800 now) and for another 1-2 years BTC will be heading to 50-100K.   But let's see what the bulls are preparing for this April. This whale is risking unwisely to be left behind with hudreds of millions loss, if we have a continuous upward trend like in April and May 2017.

FWIW, my prediction for the next few days is that we'll test the previous low of ~$5850, then bounce back to $7,000+.

I agree bitcoin was suddenly being described as a store of wealth when it failed as a payment system due to long confirmation times and excessive fees.

very quick short list  for a small "game list" or how i have to call it..... only  when breaking 12288 dollar price.....  almost same rules as the list before just a winning date

I ll take 15/04/2019, thanks!

If bitcoin goes to 35,000 why is it any better then your local house tripling in price and becoming an unavailable purchase for the younger generation in that neighbourhood.   We might view a higher price as a positive but also I think it brings some negatives with it, because the market is both buyers and sellers.
  I'm really more interested in the underlying market developing, I know the price is nice to see rise as a positive indicator but revenue and general population of bitcoin users rising is probably a great positive longer term

Ethereum isn't as great as people want to pretend, there isn't a lot of smart contracts actually being used. The saving grace of Eth is their switch to Casper, which we'll have all these environmentalist who don't understand anything about crypto but that Eth will use way less mining power now and they think it should be used instead of Bitcoin .

The big issue they're missing is Bitcoin miners are essentially building tons of infrastructure for these hydroelectric, geothermic areas and of course love solar and wind but fuck that logic.

I'm not a big fan of investing into precious metals with highly speculative markets, but BTC vs gold, I would choose gold. Bitcoin may be limited, but it is also easily replaceable. This makes it's value far more fragile.
With PoW vs PoS, the environment isn't an issue, but the cost of production is an issue. It's all about the numbers, talks about the environment is just for PR.

I'm still kicking myself for not selling off the rest of the coin I have loaded on the exchange when it last bounced off $11,500.

Gold isn't a very good monetary asset, since it's market is speculative and that makes it unstable. But bitcoin would be far worse, because unlike gold, it has virtually 0% intrinsic value. Stability is what the monetary system needs, because that is very important to develop the economy.

So, you actually can't comprehend that gold has irreplaceable value in electronics?

you guys should edit the images with width=100 if you are going to quote each other back and forth

Intrinsic value is based on the important needs of society.

Yes but same principle applies to old gold sovereigns for example that are over a hundred years old but only worth bullion values.



I thought he made that clear - industrial uses.  There are also cultural uses such as wedding rings and other jewellery, dentistry etc.

Says who? Intrinsic means an inherent property of the object it's self. So for example a gold bars refraction index is an intrinsic property, it's elemental makeup is an intrinsic property. The atomic weight of it's atoms would remain the same even if there were no one around to observe it because that is an intrinsic property. But value? In order for it's value to be an intrinsic property it would need to have a consistent value even in the absence of people around to place a value upon it.

No sure how any of that makes sense as a response to what I said.

Anon136 doesn't seem like a fanatic, but the subject he wanted to discuss about didn't currently seem interesting. You do seem a little fanatical tho..

And it's kind of ironic to hear from a bitcoin fanatic, that electronics isn't important to everyone

I strongly agree with what I think is your more general point that A) commodity money is important B) cryptocurrency is not a replacement or substitute for it

If this is true though, it will show us something very interesting. I have been trying to figure out lately whether the market is viewing bitcoin as another tech stock or a flight to liquidity style asset. It would appear that it's both. It seems that bitcoin likes either extreme and dislikes a status quo future.

• On the next halving Bitcoins coin emission falls below fiat inflation
• The one after that Bitcoin replaces Gold as hedge as coin emission falls below Golds yearly mining rate
• After the third one the coins lost yearly will be greater than the newly mined coming to market.

On top of it there will be significant changes of energy price. It does not matter how cheap electric will be bitcoin is limited just hashrate rises. With very cheap power even now uneconomical gold mines will reopen.

Just study and understand this.

I have questions.

the JJG overcomer has appeared

the prophecy has been fulfilled

woe and pestilence is upon the land

I can usually see the indicators of a jump. ie someone with a huge sell wall trying to push prices down before pumping them, high rated individuals on localbitcoins trying to buy very large amounts of bitcoins, etc.

It's ludicrous how many companies still rely on SMS as a security layer. It's almost as bad as when you're asked to provide your D.O.B. as a login credential, like that isn't a matter of public record.

Bob, when a short gets called, how can those kind of dollar amounts buy bitcoins at a specific market price (instead of considerable slippage)?

Or is it a forced market buy for $2,554,207 when the bitcoin price exceeded $6,607.5 (first example)? How would the shorter then guarantee it can pay back all the bitcoins lent?


(not a trader as you might have noticed)

The really amazing part of the Petro is that for the first time an entire nation will learn crypto oriented currency. Boom or bust, this is likely to be a noteworthy turning point in financial history.  

spiff

long time no see

welcome!

Not likely.

More likely: 1-3 years no crossing of $20k while essential infrastructure is being build.

HODL will get new meaning.

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

I would hodl (anyone who isn't an idiot would) and post dick pics all over the forum. Not even the small winners have come forward. Until I see the 310 btc solution I would say there was never 310 btc. The smaller amounts, sure. Maybe.

Thanks, makes sense. I found some useful info here but it dates from May 2018.

Key paragraph:

I lack the knowledge to see whether and if so, how this would impact the NVT Signal.

The questions are whether NVT Signal looks at transaction volume and whether batching would distort that metric (not necessarily but that depends on how NVT is calculated of course). Google is not giving me articles with conclusive direction. Willy Woo seem to confirm that batch transactions do not impact his NVT ratio: https://twitter.com/woonomic/status/973708939714965504

I am curious.

There is a fair chance this is a way to check if he can launder some "dark" Bitcoins... That has nothing to do with the fact that he proved he does indeed control the Bitcoins.

Guys is this the right time to invest? Please let me know. I need money fast.

Whoa! Nice hat Yefi!

Not only is that the wrong bond angle for water, how does it relate to bitcoin? Just curious.

I've always had trouble posting pics.  Can any of my kind brethren help me with posting one from my phone gallery?

 Long day at work today... nice to do something to take my mind off it when I got home!
Hope it fits



Avatar-sized

probably for a hat as cool as this one ..... would gain some merit....  

indeed its a very awesome creation, gonna collect it in my NEXT HAT update

pity your old account is gone (how did you lose it?)

There but for the grace of god...   Chucked you a bunch of merits, if you stick around and post a little more
often you will reach a level you can wear the hat before too long.

dude, it was like $8 or something!!!

thank goodness we have recovered from it

Also, how does seeing words like "digitized assets" not trigger 4000 scam alerts in people's brains the second they see them?  Seeing words like that is a complete joke to me.  Even a "mortgage backed security" sounds more legit. Humans do not live in the fucking matrix.  There's no such thing as a "digitized asset".  Assets only exist in the physical plane.  This is all scammer kike-speak.

Did you even attempt to convince theymos or other admins to recover your account?  I agree with you and recall that there were quite a few accounts that were hacked during various periods, and it seems that  that mine, Adam's and quite a few others were hacked in late 2016.  Was yours hacked in 2017?  

I think that there were a large number of usernames and passwords that were stolen (a kind of data breach, if I recall? but it may have also been related to the Yahoo data breach or another one that caused access to info that was also used on the forum?)

I got mine back within about two weeks, and various kinds of attempting to prove my account, which were a bit lame, but it seems that I provided a sufficient amount of info to recover my account.

My second screw up was when I got locked out of my account from a screwy way of trying to recover my password.. I think that was November or December 2016, and I was unable to use my account for over a month.. with my continuous petitioning, but finally admin gave me back my account.

as a BIG TIME lebowski fan


THANKS XhomerX

REALLY LOVE THIS HAT AND THOSE COLOURS FUCKING AWESOME!!!

or it's

horseish? equine? stallionesque idk

We cap-pitulated

CSW's whole thing is to exploit how people tend to believe that things aren't total lies. So when he says he's Satoshi, people think "Well, I don't believe he's Satoshi, but maybe he knew Satoshi". Or "He failed to destroy BTC with mining power like he said he would last year, but maybe he still actually has a bunch of mining capacity hidden away somewhere." Or "There's no technical way for him to irrecoverably screw with SegWit transactions, but maybe he found some bug somewhere."

But really he's completely full of shit; the vast majority of claims he makes are complete lies from front to back. (And often just a tiny bit of research will make this obvious.)

Good advice. I will probably eat dirt on the next trade.

Would be best to not grow old at all.

Damn this universe and its tick-tockery.

Watching the Bitstamp order book, just minutes ago we had around $30M in buy orders, now suddenly I see $50M+ again?
Can someone explain?  

Yeah, I get that, but how all of the sudden, in literally 5 minutes, people decide to put $20M+ in buy orders? That's what I am curious about.

very much indeed gonna send him some on next post but
but I'm just a Smeritdrop on a hot plate ..... can't make much diffrence  by myself... and besides his a legendary from before... thats just a F***ing cool HATcreation as well


^indeed beautyfull scene

Let's get this shit done with some good old fashioned merit abuse.

I've been doing some advanced T/A and here are my results.

Spaceman how big are youre odds of holding that bottom??

Well it isn't looking pretty right now...
EDIT: still think it has a shot at holding, we'll see.

Second-hand curry ftw.

Mcafee is a drug addicted scumbag.  He was taking bribes to promote shitcoins.

this guy is a money loving attention whore.

So, does anybody know why adamstgBit left?

Let me guess, he pulled a DeathandTaxes, MnW or cypherdoc type scam and left?  That’s usually how the old guard chooses to leave.

I have no family, I have few friends, and I'm going broke from holding btc and eth, soon to be homeless.  Great holiday.

All I wanted to do is buy a small house, already lost 150k which would of been enough.  On the verge of suicide if it keeps dropping.

Man this thing is tiny. Only 250k units issued at 15 USD means like $3.6M, less than half of which is Bitcoin (Daily volume today is $15k). Don't expect this to affect the price  for some time (if ever).

Bitcoin is getting closer overtaking Mastercard's daily transfer volume.

https://toshitimes.com/bitcoins-daily-transfer-volume-close-to-overtaking-mastercards/

Am I the only one that has fears the price of Bitcoin would never even reach the last ATH? I mean, yes, I think it will, heck, I think it could happen as soon as in less than one year from now or, most probably, around the next halving but.... I know there is a non-negligible possibility of that not happening, ever.

What are you guys stance about that? Let's be honest here....

Each to their own, but I'm a believer in patience in a bear market. Jumping in too soon is the automatic response. I'll buy in 2019 when that response is exhausted.

Spaceman i must say we do not experience a DIP the same

Grey is overall open positions

Yellow is ratio

Green are longs

Red are shorts

I don't think I'm victim to the "If it's natural, it must be better" New Age fallacy. What does "natural" mean anyway? Low tech? Indeed, I look at selected designer drugs with favor, and choose them over "natural" depending on the intended application.

If that’s a serious prediction from you we’ll be rich beyond our wildest dreams. Get ready for the micgoosens celebratory Belgian rap video

Daily RSI is still below 20 for two weeks now.

Yet still it looks like we are testing 3475 again.  

Triangle of doom?

Capitulation to despair to return to mean?

This crash caused my transitioning to run out of funds halfway through so fiddling with whatever's left down there is the last thing on my mind.

However, living through several X increase followed by huge loss in one month's time cannot help but induce a lizard brain / emotional response. All I am saying is that I have been through more such cycles -- at least in bitcoin -- than you. And other asset classes, as a general rule, do not behave thusly.

But it is intelligent.

They are losers, or they would have stayed in their home country with their four wives and twenty children. Their only realistic option for having kids is to rape white women. Which they do. See also Cologne.

A thousand sexual assaults, some of which were actual full on rapes, more likely than not gang rapes, and you are throwing out the generalize card? Are you fucking insane?

@roach: get a degree in biology if you want anyone to take your views on human genetics seriously.  Although if you do, you will realise how stupid and wrong your misconceptions were and you would eventually stop being a dickhead.
Nobody gives a shit about your many years of internet research, most of which being comparisons between pictures of the ugliest blacks/browns and most beautiful blue eyed whites.

Mind blown.  I have been using bitcoinwisdom.com for the past 5 years...  

oh god yes so depressing. people like that shouldn't be allowed to publish their 'thoughts' at all

Haha lol again watching antman and the wasp (sober up sunday’s)
And realize they mention “cryptocurrency’s” just always like to hear it in movies
Bullish

We might soon get drunk on sweet bear tears.

I've been telling you guys for years. Bitcoin is dying a long death, but it is dying. No question. See you guys at sub $1000 in 2019. Officially irrelevant by 2020.

I see Proudhon's here. Who's next? Kwukduck? Fonzie? NLC?

I view Bitstamp as the only honest exchange in the ecosystem.  I think a lot of OG whales there.  And they only trade physical so no bullshit about the price being pushed around by leverage (short or long).  

An excellent topic for the next poll. Roach: lifelong virgin or not?

I thought we had infofront's?

I've held off for a long time, but finally took a nibble between 3200-3500. Here's to 2019 and prosperous buying!

... who are you that you go trawling through everybody else's business, IRS??

pretty sure I know this guy and he's probably forgotten about this stuff, bitcoin just isn't important to him anymore, he's got a lot going on ...

just leave people the fuck alone sometimes would ya?

hope you can find it, like to read it

I have a bit of trouble with the concept of "choosing" a bottom, rather than "finding" a bottom or "predicting" a bottom.

I understand that the meme works better with "choosing," even though there's something that seems missing,... not quite right about the analogy.

It's not love if you were still unzipped from the previous video.

where to get such a hat?

I stare at charts since 2011.. quite enough?

and guess which animal i'll see  

Nope this one's for pain and misery... 

Who thinks we could go to double digits again?

I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.

How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:

- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....

- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.

- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!

- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.

- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).

I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.

This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:

- Realising you are in a clear downtrend and what to do during it.
- Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT).
- Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)...
- Lending

I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.

What's the deal with the sharp drop in hashrate?
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

I am thinking during and after the next rally people will start to use Bitcoin again as a form of payment for the following reasons:

3- Also with the constant increase of Bitcoin ATMs worldwide it also makes sense to use them on the destination country instead of having to exchange bills beforehand. The fees in both cases can be similar. While that isn't the same as paying with Bitcoins directly it is still using it as a vehicle for payments.

MY MISTAKES (Continuation)

Another thing I did wrong during the bull trend was being LAZY.

When you see your net worth quickly increasing thousands of dollars in a much shorter timeframe than you are used to (ie: Weekly, daily, hourly....) just "Watching the Walls" or doing some trades here and there, it is easy to procrastinate on other stuff you deem comparatively less important at that moment. I am not talking about personal life here, but crypto wise.

There was lots of money to be made with the multiple forks, airdrops, etc yet I didn't take enough advantage of them.

Many seemed to "not be worth the effort" but that was only comparatively at that time. Also some required some research, creating accounts on some other exchanges, ... In other words: WORK.

And why would you want to work for "pennies" when you are already earning thousands just for watching your bitcoins grow in price (coz, you know, you need to look after them all the time, right?)?!

WRONG!

We prepare during years of bear market, accumulating, trading and more importantly WAITING for the moment that rally comes and every part of the puzzle fall in place and  all the opportunities are handed to us. And we need to take them. All of them.

I left on the table, and still have, most of Bitcoin Gold, and *ALL* of the other less valuable forks (Bitcoin Diamond, SBTC, ). Also many of the airdrops like Bitcore.

With some I fooled myself thinking "Well, there's no hurry, I will be able to cash it out later and maybe at a better price too"... But that was not true, I was just being lazy.

Had I not been and really think it may be better to wait, I would have anyways cashed/traded 50% then and hodl the other 50% for a better moment. But no, I did absolutely nothing. Out of pure laziness.

The advice here is: Don't be lazy, try to participate in airdrops, extract all the damn forks asap and get them ready, ... ACT.

Additional advice come from another mistake I made: Not having ready all the exchanges I would later need.

So, during the bear market, employ your time opening accounts in as many exchanges as you can, verify as needed, learn their UI, etc... During a bull market things happen very fast, and chances are that you won't be able to use that exchange you need to trade some fork/altcoin or use for fiat withdrawal if you have not done your homework well in advance.

^This is something I am doing right now. It will be a long process. You should do it too if you haven't already. Don't procrastinate. ^

40% of the contestants in Mic's BAAKT game are choosing $6000 or above by February, so there's perhaps more optimism out there than you'd think.

I know someone that must be exceptionally happy. Just hope greed doesn't betray him and we can finally congrats him.

I am going to bring them a visit in the next days. Although they have a brick and mortar shop, nothing to find in our MinFin databases, so it can be a facade for another entity. Because I also could not find a VAT number or enterprise number. And the name in the proposed contract on their website for now only returns some retired Dutch veolia employee... .
So yes, at least the trading your money part is a bit flimsy... .

I actualy think he has good intentions.... but is a naive Guy that thinks he can do things that no one did before

i’m not risking this, cause i’m happy with what i am doing, but i was just thinking for complete NEW people.... if its something to suggest or not
Probably not (but its the first time i saw BTC logos on Belgium shop Windows )

She retired so she must have done alright - at least on face value.  

Yup:

black underneath... ain't easy to make it flashy green is it ?

"Broken man", accusations of misogyny, incel shaming... The feminine imperative has programmed you well.

Fair comment.  But I don't think destroying the natural environment entirely while we think about the sulution is the best idea.

Some people are trying to tell us to keep the natural world alive - since we might regret it.  It took millions of years to develop - we won't replace it in a generation easily, science or no science.

I would like to keep that option open. 

+1 WO

Lol, I have not seen this but I may have to now.

https://www.youtube.com/watch?v=BBvIweCIgwk

Scammer Roger must be crying by now  

yeah its been said by spaceman i thought

I have a new first world problem.  The place where I am staying this week has extraordinarily low friction toilet roll holders.   This results in the entire roll of toilet paper spontaneously despooling and puddling on the ground.

Have never dealt with an issue of this magnitude before, I am at a loss how best to proceed.  

Let's hope this is just another scam and that this guy has really nothing to sell. Otherwise, it means that it's not just peoples' identities that are at risk but also their funds.

Amp story

Lol anyone noticed this " April Fool"

nice

24777

21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckygenough56

12288

15-04-2019 Spaceman_Spiff_Original
20-06-2019 bitebits
13-12-2019 nikauforest
10-04-2020 yefi
05-09-2020 samson
23-06-2021 fortune143

favorites??

Can we just not let the arguing with jbreher polarize sides as if there was no middle more reasonable field?

Bitcoin is scaling the right way. But that doesn't mean it won't have a moderate and reasonable block size increase in the (near?) future.

L2 is the way to go, but block size will also need some (linear, not exponential as that's what L2 is for) capacity upgrade sometime.

I don’t think the need is conclusive yet - and the trade offs are significant.  Let’s see how we go.

How could we argue we won't need *some* blocksize increase in the near future if demand keeps growing?

Yeah, LN still need to start absorbing more Tx's which would free some blockspace but... still.

So, if you upload your consciousness...  is it really 'you' at that point? Or is it just an exact copy of you, and you are actually dead ?   I've actually been pondering this recently, and I can't get past the continuity of consciousness during the upload process, to believe the end result would still be me.

You can't copy the brain.

One of the advantages of the laddered trading strategery is that you are always positioned to harvest the volatility.

Just came across that pic, hope to gain more knowledge with quick posting it here  

Still not much wiser though :/

And indeed why bitCON?    Help a Birthday guy out... damn 5 minutes over time

Edit: After all this is a house of learned doctors (meme)

Non nobis solum nati sumus ortusque nostri partem patria vindicat, partem amici.

 I'm on it. 

Homer citing Cicero citing Plato there, which is all very cosmopolitan.

Like Hairy said, don't short bull markets.

Another day, another mind-boggling adventure.



 avatar-sized

I am happy just to be in the top twelve. Also happy it came sooner than I expected.

Holy fuck lol

You misread. Award is for hilarity.

back to the shallow end of the pool noob

Proudhon is a legend The troll of trolls, here's his song from 2013 https://www.youtube.com/watch?v=A7TuFy0fcuw

Ok.  Two to three month mini-bear market.  


#Bringbackfear


Edit:  I’m not shorting this but I’m ready for people to have the pants scared off them again

I read through some of it as well. He makes roach look like nostradamus.

I don't understand why people who could be proven so wrong for so many years keep coming back to receive more punishment and ridicule by hardening their already firmly cemented wrongness.

Would anyone be interested in seeing a full list of all the users who ever posted in this topic, sorted by post count (highest first)? I can scrape 24000 pages if there is a demand for it

Can you provide links?

I'll start scraping probably this weekend, after completing my weekly Merit and Trust scraping. You can expect my list early next week.

It's the new silver