so, uhhhhh

the crash got cancelled right?

where is this second bubble you speak of?

It's uncanny how the western exchanges are leading the price rise this time. China is lagging along. I'm guessing the hype cycle around bitcoin is already dying down in China, while it's still raging in the western countries.

look im just saying, the only reason why people think btc can go to $10000 is because if enough people start using it so much that it becomes accepted everywhere, such that the only reason why it would be worth $10000 per BTC is because fiat would become essentially redundant or worthless.  With another huge Chinese company, especially a state owned one, shows that this can happen sooner than people expect.

basically fuck the speculators, fuck the greedy assholes that think it can just be a get rich quick scheme and dont fully understand btc.  The move to $10000 is irrelevant of them.  what will get us to $10000 is real people converting their fiat because btc is better

(ps i know this has been said before but your comment suggests that you dont understand the way to $10000)

So is winter. Aw, shit... I just looked out the window.  Looks like 10K   

Honestly, I think you'll be lucky if we see triple digits again. I suspect a big 'crash' around 1500 but not sure it'll crash a third.

He returns!

Honest question: Is $10,000 possible in 2014?

...but it's a train, not a boat!

No doubt. The collapse of this thread is imminent. Any time now

EDIT: Maybe we'll just have a correction and be set back 325-375 pages imo

damn i woke to the sound of dumps. and missed it still shitttttttt

If any of you were to get hit by a bus and wake from a coma 10 years from now, if you properly secured your wallet, you would want for nothing the rest of your lives.

BTC not illegal in Thailand, you just got trolled by the media... lol

its already went lower.  

This is starting to get posted everywhere:

The front page of huobi.com says "银行汇款充值24小时到账，支持招商、建设银行。"

Apparently it translates to: "You can use the remittance to deposit fiat into our platform. The fund will be available in 24 hours. We support China Merchants Bank and China Construction Bank".

I know huobi is a Chinese exchange.  I know they're saying they are now accepting fiat via "remittance".  What is remittance though?  And they say they support two different banks. Is remittance like a cashier's check form one of these banks?  Is it a bank wire?

It looks like this exchange has found a way around the new regulations.  

So do you believe this could be an answer for the Chinese problem?  Why were the exchanges and depositors having to use 3rd party payment processors, if they could just use the banks directly like this anyway?

Really?   They didn't know going in that this happens?   I am very careful to explain the risks and how these things work to my friends.   Not one is less interested now than they were, which is to say most are quite sorry they didn't buy when I told them they should  

Did your friends lose money?

You're done counting? or did you just fall into a limbo?

Just did! gettin' mah coins back!

lol have you guys read the replies here?

https://twitter.com/Sen_JoeManchin/status/438762073527705600

What exchange do you use? I use stamp but I'm feeling like I want some more options right now.

My opinion, bring on the negativity, is they should have donated ALL the SilkRoad
coins to a fund to be spread out proportionally to pay back all the MTGOX
victims.

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

I was wondering about that?   I was wondering whether I should buy now, or wait until $583 or wait until $593?

It's staggering isn't?  Nearly 300 million billion hashes per second.

I remember firing up the Satoshi client and being stoked with 500,000 hashes per second.

Well duh, keep your info to yourself, and you won't get hax0rd.
Bitcoiners must be pretty stupid, since plenty of them lost money on Gox.  You trade, on an exchange, bro?  Tell me all about keeping the priv. key to yourself

@njcarlos Re. "please don't conflate":  Huh?  I deposit $$ in a bank, and don't lose a penny if they get hacked.  I like that

Of course, I don't deposit in crypto banks like Ukyo, TF or

I've always wondered about this statistic. Thanks for sharing

WHales are playing games with us at their will. Hobo whale adding and removing 10k wall, pushing price up and down whenever he feels like it. Absolutely perfect market to lose money in it if trading.

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and in govt.

Much more.  About 90k

and when you realise how absolutely corrupt and broken the fiat socialists ponzi scheme tax-prison farm really is then you go wtf and go all-in 100% adopt bitcoin.

I think you underestimate Wall Street. Unlike most Bitcoiners, they know a pump and dump problem when they see it and have regulations in place to mitigate the damage

the bottom is in

Wonder how long 230 will hold..

That's right. Bitcoin is the answer.

7 days until the Euro crashes. Can't wait.

What non-senses are you people writing here? What Gov't shutdown? Bank-run?!? I have a feeling you know the situation as you are from Mars. There's 0 chance of Government shutdown, they have a brand new Gov't less then a month old which got elected with massive support announcing that it will do exactly what it is doing now. If Greece leaves the Euro-zone it will be better both for the Greece and the Euro.

that the rich in general have acquired their riches on the backs of the workers / at the point of a sword / actual slaves - yes they do deserve to be punished

make money or starve to death

bter hack?

pussies...

Hackers steal £650 million in world's biggest bank raid:

http://www.telegraph.co.uk/news/uknews/crime/11414191/Hackers-steal-650-million-in-worlds-biggest-bank-raid.html

Orly? You gotta be kidding me.

You have no business owning something when you can't even get the basic fucking nomenclature right.

XMR broke 0.002BTC, pretty exciting! https://poloniex.com/exchange#btc_xmr

Glad I got in for dirt cheap

For all the purchases you would like the government to know about, there's bitcoin XMR.TO. For everything else, there's Monero.
 

Does everyone realize that taxes are due tomorrow in the US (April 15th)? The recent sell off is obviously miners cashing out to pay taxes. Nothing to worry about.

I never said that blockchain.info isn't credible. In fact, that list of blocks and their sizes of my first reply came straight from blockchain.info . I objected to your reference to a graph of average block sizes, because taking the average of block sizes is not a good way to try to show that there's enough space left. On the other hand, it is you who put blockchain.info on a pedestal. I don't see why the graph of Coindesk, or a site like tradeblock.com would be considered a less good source.


I think it's a good analogy, which makes the issue easier to understand. If there are flaws in the analogy, I'm happy to discuss them. The criticism of AlexGR that people on a bus are real, and Bitcoin transactions in a block (according to him) are not, is just childish.

His other remark that it's cheap to buy all the space in a block (because blocks are quite small and transactions cheap), doesn't discredit the analogy. If someone wants to take out the high speed train from Amsterdam to Paris, he can buy all the train tickets. It's doable, and effectively a DOS attack preventing any other people from using the train. If anything, it shows my analogy is a correct one.



If you don't understand the various technicalities, then our discussion stops right there. I do acknowledge that some people like to issue txs for no other reason then to show what happens when blocks are full for a significant period of time. Those periods are easily to recognise as they last a couple of days. However, don't forget these attacks are so easy, because there's only so little free space left an attacker needs to buy up.


If you don't know if SW is going to mark certain tx as spam, then don't claim it. "Lets see how it plays out" doesn't give me much confidence. That both applies to implementing SW as a complicated soft fork, as to changing the working of the blockchain from plenty of room in blocks to scarcity of space in blocks.


Because I'm having a discussion with you. If I wouldn't be interested in what you think, I wouldn't take you serious.


Unless I understood you wrong, you seem to think that blocks are not almost permanently full, or not getting there so soon in order to plan for an increase of the block size limit. I beg to differ, and I'm trying to show you (1) blocks are quite full already, and (2) as the number of tx roughly doubles every year, it is clear that the growth of Bitcoin usage will have to come to a halt very soon. Of course, once LN is up and running, things may be different. But I'm far, far from convinced this will be the case in 6 to 12 months from now.


You don't answer my question. It may be (still) good enough at the moment, but next year? For sure, it can't be more than 400,000 tx. Something got to give.


Then we can stop this discussion.


Transactions that are paid for are legitimate. If you want to use the intent of the person doing the tx as criterion for legitimacy, then you throw out the censorship resistance quality that Bitcoin is famous for.

I never said that blockchain.info isn't credible. In fact, that list of blocks and their sizes of my first reply came straight from blockchain.info . I objected to your reference to a graph of average block sizes, because taking the average of block sizes is not a good way to try to show that there's enough space left. On the other hand, it is you who put blockchain.info on a pedestal. I don't see why the graph of Coindesk, or a site like tradeblock.com would be considered a less good source.


I think it's a good analogy, which makes the issue easier to understand. If there are flaws in the analogy, I'm happy to discuss them. The criticism of AlexGR that people on a bus are real, and Bitcoin transactions in a block (according to him) are not, is just childish.

His other remark that it's cheap to buy all the space in a block (because blocks are quite small and transactions cheap), doesn't discredit the analogy. If someone wants to take out the high speed train from Amsterdam to Paris, he can buy all the train tickets. It's doable, and effectively a DOS attack preventing any other people from using the train. If anything, it shows my analogy is a correct one.



If you don't understand the various technicalities, then our discussion stops right there. I do acknowledge that some people like to issue txs for no other reason then to show what happens when blocks are full for a significant period of time. Those periods are easily to recognise as they last a couple of days. However, don't forget these attacks are so easy, because there's only so little free space left an attacker needs to buy up.


If you don't know if SW is going to mark certain tx as spam, then don't claim it. "Lets see how it plays out" doesn't give me much confidence. That both applies to implementing SW as a complicated soft fork, as to changing the working of the blockchain from plenty of room in blocks to scarcity of space in blocks.


Because I'm having a discussion with you. If I wouldn't be interested in what you think, I wouldn't take you serious.


Unless I understood you wrong, you seem to think that blocks are not almost permanently full, or not getting there so soon in order to plan for an increase of the block size limit. I beg to differ, and I'm trying to show you (1) blocks are quite full already, and (2) as the number of tx roughly doubles every year, it is clear that the growth of Bitcoin usage will have to come to a halt very soon. Of course, once LN is up and running, things may be different. But I'm far, far from convinced this will be the case in 6 to 12 months from now.


You don't answer my question. It may be (still) good enough at the moment, but next year? For sure, it can't be more than 400,000 tx. Something got to give.


Then we can stop this discussion.


Transactions that are paid for are legitimate. If you want to use the intent of the person doing the tx as criterion for legitimacy, then you throw out the censorship resistance quality that Bitcoin is famous for.

I never said that blockchain.info isn't credible. In fact, that list of blocks and their sizes of my first reply came straight from blockchain.info . I objected to your reference to a graph of average block sizes, because taking the average of block sizes is not a good way to try to show that there's enough space left. On the other hand, it is you who put blockchain.info on a pedestal. I don't see why the graph of Coindesk, or a site like tradeblock.com would be considered a less good source.


I think it's a good analogy, which makes the issue easier to understand. If there are flaws in the analogy, I'm happy to discuss them. The criticism of AlexGR that people on a bus are real, and Bitcoin transactions in a block (according to him) are not, is just childish.

His other remark that it's cheap to buy all the space in a block (because blocks are quite small and transactions cheap), doesn't discredit the analogy. If someone wants to take out the high speed train from Amsterdam to Paris, he can buy all the train tickets. It's doable, and effectively a DOS attack preventing any other people from using the train. If anything, it shows my analogy is a correct one.



If you don't understand the various technicalities, then our discussion stops right there. I do acknowledge that some people like to issue txs for no other reason then to show what happens when blocks are full for a significant period of time. Those periods are easily to recognise as they last a couple of days. However, don't forget these attacks are so easy, because there's only so little free space left an attacker needs to buy up.


If you don't know if SW is going to mark certain tx as spam, then don't claim it. "Lets see how it plays out" doesn't give me much confidence. That both applies to implementing SW as a complicated soft fork, as to changing the working of the blockchain from plenty of room in blocks to scarcity of space in blocks.


Because I'm having a discussion with you. If I wouldn't be interested in what you think, I wouldn't take you serious.


Unless I understood you wrong, you seem to think that blocks are not almost permanently full, or not getting there so soon in order to plan for an increase of the block size limit. I beg to differ, and I'm trying to show you (1) blocks are quite full already, and (2) as the number of tx roughly doubles every year, it is clear that the growth of Bitcoin usage will have to come to a halt very soon. Of course, once LN is up and running, things may be different. But I'm far, far from convinced this will be the case in 6 to 12 months from now.


You don't answer my question. It may be (still) good enough at the moment, but next year? For sure, it can't be more than 400,000 tx. Something got to give.


Then we can stop this discussion.


Transactions that are paid for are legitimate. If you want to use the intent of the person doing the tx as criterion for legitimacy, then you throw out the censorship resistance quality that Bitcoin is famous for.

I never said that blockchain.info isn't credible. In fact, that list of blocks and their sizes of my first reply came straight from blockchain.info . I objected to your reference to a graph of average block sizes, because taking the average of block sizes is not a good way to try to show that there's enough space left. On the other hand, it is you who put blockchain.info on a pedestal. I don't see why the graph of Coindesk, or a site like tradeblock.com would be considered a less good source.


I think it's a good analogy, which makes the issue easier to understand. If there are flaws in the analogy, I'm happy to discuss them. The criticism of AlexGR that people on a bus are real, and Bitcoin transactions in a block (according to him) are not, is just childish.

His other remark that it's cheap to buy all the space in a block (because blocks are quite small and transactions cheap), doesn't discredit the analogy. If someone wants to take out the high speed train from Amsterdam to Paris, he can buy all the train tickets. It's doable, and effectively a DOS attack preventing any other people from using the train. If anything, it shows my analogy is a correct one.



If you don't understand the various technicalities, then our discussion stops right there. I do acknowledge that some people like to issue txs for no other reason then to show what happens when blocks are full for a significant period of time. Those periods are easily to recognise as they last a couple of days. However, don't forget these attacks are so easy, because there's only so little free space left an attacker needs to buy up.


If you don't know if SW is going to mark certain tx as spam, then don't claim it. "Lets see how it plays out" doesn't give me much confidence. That both applies to implementing SW as a complicated soft fork, as to changing the working of the blockchain from plenty of room in blocks to scarcity of space in blocks.


Because I'm having a discussion with you. If I wouldn't be interested in what you think, I wouldn't take you serious.


Unless I understood you wrong, you seem to think that blocks are not almost permanently full, or not getting there so soon in order to plan for an increase of the block size limit. I beg to differ, and I'm trying to show you (1) blocks are quite full already, and (2) as the number of tx roughly doubles every year, it is clear that the growth of Bitcoin usage will have to come to a halt very soon. Of course, once LN is up and running, things may be different. But I'm far, far from convinced this will be the case in 6 to 12 months from now.


You don't answer my question. It may be (still) good enough at the moment, but next year? For sure, it can't be more than 400,000 tx. Something got to give.


Then we can stop this discussion.


Transactions that are paid for are legitimate. If you want to use the intent of the person doing the tx as criterion for legitimacy, then you throw out the censorship resistance quality that Bitcoin is famous for.

Check liquidity first. Drunk whales tend to make a splash.

No mention that Adam got the boot from Theymos here? Weired.

Well, life goes on. At www.bitco.in

Now both moderators of the epic threads "Gold collapsing, Bitcoin up" and "Wall Observer" (Cypherdoc & Adamstgbit) are at bitco.in

(PS. The new moderator here will probably delete this post as soon as it is detected.)

Wow, no Adam, no Chartbuddy...

Wot?

Adam is fired??

I haven't made a bitcoin transaction in a while.  Just did one, expecting delays, with all the hype going on.  7 confirmations in 28 minutes.  Surprised? Ah, yep.

oh noes, here we go again with sensor ships!

So if we hear nothing tomorrow can we relax over the weekend and resume being "on edge" Monday?

They can still say yay or nay Monday right?

if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee

Zooming out on the charts you can see what looks like a cup and handle. This dump could be necessary before the handle forms. In the long run I'm not worried, I don't think there will be a fork, and sooner or later that handle will form. The best time to buy is when there's blood on the streets, and that's probably now.

__________ = flat line.

What do you think? Magic unicorns moving the market?

how high do you think ltc can go from here [...]?

Bearstamp at 2k.

2800+ CAD on Quadriga.

Back in June 2013 I signed up for 1000 free XRP - well today I converted to them to BTC. Happy days.
This is my first (and last?) time using Ripple. Such a strange user experience. When it works, it's great - fast and cheap. But waaaay to many cryptic error messages. 11 failed attempts before it finally worked.