All posts made by hdbuck in Bitcointalk.org's Wall Observer thread
1.
Post 4154784 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.46h):
soooo should we buy back???
2.
Post 4157153 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
TcHHhooOo TchHOoOOOOoooooo...
3.
Post 4157663 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
No more cheap coins son. Get over it.
I actually cashed out at 1k, so to me these prices are still cheap. But I find the whole reasoning behind this recent rise to be utterly retarded.
Listen. NEWS is just the excuse. It just follows market sentiment. The market was begging for a reason to go down at 1240. It found one. The market was begging for a reason to capitulate to $382. It found one.
Now the market is looking for a reason to go up. It found one. You better get on the train son.
+1
market trends don't follow the news... news follow market trends...
4.
Post 4158015 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
yup china is no longer in command in here
5.
Post 4158509 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
Could you quit the drug talk? Thanks.
isnt you who started it??!
6.
Post 4158565 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
inb4 bought Bitcoin to get drugs
so i guess im on drugs uhh.. or not?! whatever..
7.
Post 4158765 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.47h):
okay so could anyone give me some 'serious' insight cuz I just cant make a decision:
got couple $Ks now but I need to go travel so i wont have internet for 2days... should i buy back in now or not??
gaaaaddd im lost :/
8.
Post 4189536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
9.
Post 4192423 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
One piece of advide: Don't follow anyone
+1
its warrrrr
edit @Parazyd i did the exact opposite when u told me to buy 2 days ago at around 800$...
10.
Post 4192583 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
One piece of advide: Don't follow anyone
+1
its warrrrr
edit @Parazyd i did the exact opposite when u told me to buy 2 days ago at around 240$ on stamp...
I'm not following, are you saying that you istened to me or you didn't listen to me?
Don't listen to me
I'm usually not quite sober
im saying i did NOT listened
(and i made a mistake in my original post it was around 800$ on gox... cuz i would have been a fool for not buying at 240$ on stamp... you may be drunk right not if u did not see that..
)
11.
Post 4212145 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
I don't say what will happen, but bearish approach now would be to say that this "mini rally" got us to 732 and strong resistance found from 730 when last time "mini rally" got us to 764 and resistance was found from 760. -> Fuel is going down and with this low volume speculators will get nervous and start selling hard after a while.
That's a nice point. Although it may also be counter balanced by a 'plausible?' increase of new adopters and thus demand from now on.
12.
Post 4212373 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
It's higher risk but also higher reward. I wouldn't be completely shocked if in the next few months we saw LTC hit .1BTC.
I would. That would imply that LTC is 40% of the value of BTC. That's just insane.
Many new investors think LTC is better than BTC and will once day be worth much more.
No joke...
investors just focus on investing/speculating. they dont really see the whole/real picture.
13.
Post 4212556 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.48h):
It's higher risk but also higher reward. I wouldn't be completely shocked if in the next few months we saw LTC hit .1BTC.
I would. That would imply that LTC is 40% of the value of BTC. That's just insane.
Many new investors think LTC is better than BTC and will once day be worth much more.
No joke...
investors just focus on investing/speculating. they dont really see the whole/real picture.
they see LTC being faster and not using a closed source encryption method that was made by the NSA, but rather an open source encryption method understood by many.
i know, they might be nuts but still...
what matter is where and how would you be able to use any of your cryptosocalledcoins. BTCs have being far ahead in terms of adoption so imho i doubt that any of those alt coins will ever worth investing in it instead of directly focusing on BTC. first mover is always the winner when it comes to radical innovation.
14.
Post 4230678 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.49h):
@sitarow: hello i was just wondering, what do you use to have such a layout resuming so much graphs? thx.
15.
Post 4239260 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.49h):
One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.
I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?
i am guessing 'strong torture'
16.
Post 4278874 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.50h):
imho the market is just to nervous and tries to go 'faster than the music'...
impatient bulls are getting a false signal from a suddent but brief increase of volume, which, by the way, had nothing to do with new money coming in (but you already know that)...
my bet (because its all about betting, right?) is that at one point, the price will be high enough for 'whales & speculators' to consider cashing out their profit... hence the last leg of this 'china featured cycle'...
oh and I'll be there waiting in the corner, sneaking all my little dollars back in
17.
Post 4306901 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.50h):
I'm telling you, despite the fact that each Bitcoin will soon be worth more than an ounce of gold, it's going to be micropayments that are going to give the biggest boost in the long term.
Kind of like plankton feeding whales. Oh whoops, the irony!
hahaha that's the most likely scenario to happen. Next rally should begin whenever bitcoin gets ACCEPTED & USED by even more people. that's all.
+1 for the nice metaphore
18.
Post 4332072 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.51h):
On week days, There's definitely a drop in volume from about 5 to 11 PM on the U.S. Eastern seaboard, at least on stamp. Has anyone done a cyclic analysis of the weekend volume patterns?
lol sry i think people on this thread now are just too busy enjoying the ride and speak german.. this is so BS anyway
19.
Post 4352950 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.52h):
what if.. *thecoinbull is in fact a big juicy fat whale that will dump Ks of BTC to at least create a panic sell down to 750ish? we all know this can 'happen' any time any way considering the volumes this last month (imho everybody is expecting a drop to somewhere around 800 at least).. Hence he would then sell 'still' high, buy back at 750 and get an extra 7 or 8 coins?!
haha gaaad i'd love to do something like that...
20.
Post 4353228 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.52h):
21.
Post 4353344 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.52h):
what if.. *thecoinbull is in fact a big juicy fat whale that will dump Ks of BTC to at least create a panic sell down to 750ish? we all know this can 'happen' any time any way considering the volumes this last month (imho everybody is expecting a drop to somewhere around 800 at least).. Hence he would then sell 'still' high, buy back at 750 and get an extra 7 or 8 coins?!
haha gaaad i'd love to do something like that...
I must not have gotten the memo that everybody is expecting a drop to at least 800....
I sure as hell don't expect it.
I used to expect it from 600 to 1000, but not anymore. Looks like drops of around 100, but not more than that. That's how I feel at this hour. My opinion could change within the next hour.
imo that spread highly depends on volumes which are still hard (*if not impossible) to predict because of impredictable whales movement
edit answer:
Only 1 person expects it
as long as ATH has not been reached again i am prepared for everything yes indeed, but that does not mean i am urging for such scenario to happen.
22.
Post 4365064 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.52h):
here we go cheap coins
23.
Post 4365488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.52h):
good lord stamp is on fire what the hell is going on over there?
24.
Post 4570038 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.56h):
sooo.. down we go?!
25.
Post 4570162 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.56h):
There is an
overstock of coins right now.
ahah hell yeah, could it be overstocks first coins hitting the market? ohh and could it be that they create on purpose this tiny crash to make the bitcoin's price lower, hence appreciating the number of coins they receive through their website?
edit: that would explain bitstamp's high volumes and the fact that china hasnt even respond to it
26.
Post 4571777 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.56h):
My TA says: Sell off over for this week. Recovery ahead for the week end. Downtrend resumes Monday/Tuesday.
+1
although we might wanna keep an eye on what china will do when it wakes up
27.
Post 4609661 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.57h):
back to 1k again?
Probably not all in one panic attack. There should at least be another downwave which has a higher lower than the last one.
much much lower
28.
Post 4611213 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.57h):
worldcom's ATH at $60.. think we've past that point with BTC tough.
29.
Post 4623838 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.57h):
Who is anticipating a big dump before the end of the month?
everyone that believes in the confirmed bad news thread
I believe in the confirmed bad news thread. I believe that it is a parody of attempts at actual confirmed bad news.
I see more bulls than bears taking offense to the parody, and that is slightly frightening.
the more agressive.. the more insecure...
30.
Post 4683928 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.58h):
I'm impressed that the market is not reacting at all at the
Wells Fargo presentation announcement (which to me is uber bullish). In other times that would have caused a jump of a few percent up...
i guess thats because even though there are a lot of good news recently, the price somehow have already taken them into account.
31.
Post 4688809 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.58h):
bitcoin foundation
whats the problem with Gavin and bitcoin foundation?
32.
Post 4720588 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.58h):
It's snowing here in southern Louisiana! It's always hotter than hell here. Expect single digits soon!
the world is ending
BUY SELL BITCOINS!!!!!!!!!!!
FTFY
33.
Post 4737536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
Weekend bull trap? Final edition?
yup. last chance to sodl.
34.
Post 4750343 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
1000 Gox, lol
there is now about 200$ difference between gox and stamp... WTF ^^
35.
Post 4760681 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
/snip
Hi fonzie,
After 6 months of pure negative comments towards LTC on trollbox, now you have moved to bitcointalk.org to pass all your pure negative comments about bitcoin.
How long do you think you will can keep commenting here before you are seen as the constant negative one in the room?
EDIT: The old LTCVictim, should be renamed BTCVictim.
BTW i was super bullish and positive about BTC 3-4 months ago, so i contributed a lot of to the mooons in the trollbox.
I´m not always negative,
just when it is neccessary.someone cant handle shotring
36.
Post 4761264 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
I was always and will always think super negative about altcoins. This has nothing to do with their price.
All of them are designed to scam in my opinion or at least used for it. Even though most of my comments about LTC were pure trolling for the fun of it.
Which worked out real great.
;D
Yep, it worked wonderful, it went up 1100% at current price, lol.
Thanks for confessing you're a troll, it gives my decision to put you on ignore weeks ago more justification and hopefully it would give some sense to noobs that base their decision on trading reading you and other trolling idiots.
noobs shouldnt be trading on the first place. if they do they surely had it coming.
37.
Post 4761495 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
Anyone from Mtgox or other exchanges at the Miami conference?
They lynch people in Florida. I sure hope nobody from Mt.Gox is there.
I would not be shocked if Mark was dumb enough to show up something like that he got his ass kicked or killed. Stealing 100 million dollars from people gets them pissed off. Lots of crazy people in this community.
However I bet Mark is smart enough he will never leave Japan. Odds are the US govt would get him first anyway for his dealings with drug money and money laundering. I would not be shocked to see him on the FBIs most wanted list one day soon.
What a ray on sunshine you are!
edit: he didn't steal anyone's money. You've all been able to take btc out for months now. Anyone with money in gox is a retard, or is just day tarding.
Anyway, this Friday looks to be an exciting day.
38.
Post 4786166 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_11.59h):
sell sell sell
edit: Al Bundy approved
39.
Post 4798654 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.00h):
Can we have a bit of objectivity down here instead of this childish war between bulls & bears? I mean seriously, there is nothing relevant for the last 100 pages. Just take a deep breath, forget your positions (long or short, we dont care) and just gives proper argument about BTC price traking regarding short term (from 1 week to lets say 3 months) because we all know whats going to happen in the long run anyway.
So personally, all this side movement with little dips sub 800 makes me feel we are still in some consolidation after november's pike, where there is still room for extra panic selling whenever the market loose its temper because nothing 'important' will happen within that time frame to push it to next ATH.
Please argue.
disclosure: i bought back @ 735, waiting for 825ish to sell back.
40.
Post 4848143 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.01h):
Time to fondly remember the greatest proudhon moment. It occurred at the April 2013 peak, when he finally turned from bear to bull...
Well, if we made it to $266 then maybe I was wrong and the market is growing enough to sustain the growth.
Followed by a mass sell off by all.
the massive sell off surely immediately turned him back from bull to bear. with even more reliable only confirmed sources.
41.
Post 4848496 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.01h):
Back to the hearings... this was the statement that basically negated the need for the hearings in the first place. We do not need permission to use bitcoin.
A quite different tone, though, was struck by Carol van Cleef, an attorney specializing in financial regulation, who urged Lawsky and his panel towards speed in establishing standards. "Time is of the essence," van Cleef exhorted. "Innovation will adapt to new regulation but it will not wait for regulation. [Bitcoin service development] will shift to other jurisdictions, taking jobs and the resulting wealth with it. The true losers will be U.S. residents."http://finance.fortune.cnn.com/2014/01/30/bitcoin-hearings-wells-fargo/yup. no china crash & no time to waste...
CCMF???
42.
Post 4855302 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.01h):
43.
Post 4884977 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
One benefit of being a figurehead is you can unilaterally drive Bitcoin to da mooooooon!
i wonder if it would be helpful for the n koreans if they mined or used btc.
their accounts get closed like clockwork.
like if they have access to internet anyway.
44.
Post 4910937 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
looks like week end rallye is over... we going down down down now. the question is.. will we break last ATL at around 725 on stamp last week?? ^^
45.
Post 4912392 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
looks like week end rallye is over... we going down down down now. the question is.. will we break last ATL at around 725 on stamp last week?? ^^
What rally?
the first member joined September the second joined November, so the price has to crash for them to feel good so they have the chance to buy in lower, the same when I knew about bitcoin when it was around 10 and I wished if the price crash to 1 so I can buy more.... when the price will be 10K the newer members will start wishing for 1000 and every drop will be a crash and every small rise will be a rally.... as simple as that
not quite my friend. first, it is not because we joined that forum at some date that we werent aware of bitcoin before nor already had some, and second, i am just pointing out that long side trend that sees lowers high on each week ends and higher lows on every week dips. or maybe you blind?
edit: @ shroomskit yup its not a proper rally but i used this word to highlight the suddent move upward over the week end even though it was not very important
46.
Post 4917607 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
Pakistan.Pakistan.Pakistan.
Osama_bin_Laden
Pakistan.Pakistan.Pakistan.
Some countries (Russia/USA) do think, that money laundering and therefore providing potential support for terrorism is an international problem....its also them who benefit the most out of it.
47.
Post 4940967 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
Nice looking speakers but what exactly do they have to do with Bitcoin speculation?
Not much and they are not nice looking at all! Who the hell would want those in their house?
I have a pretty large studios - and I would not have them in it - ridiculous, ugly things!
boom
48.
Post 4941548 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
That's a bit better....
Maybe in appearance (depending on taste), but I'd imagine the JBLs sound much better.
Those things look like the kind of low-quality designed-for-appearance crap you'd expect from Apple Corp.
lmao.
these my friend are "la creme de la creme"
->
http://www.avantgarde-acoustic.de/home.html
49.
Post 4941716 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
50.
Post 4943645 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
so there is basically two options:
gox shuts down = sell sell sell
gox gets bought up = buy buy buy
either way they just seem to be buying time from now on.
51.
Post 4961179 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.02h):
I wouldnt expect any rally until gox settle things up. Too much doubt and uncertainty.
52.
Post 4962955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Well can you please stop thinking about china's new year? Its over. Markets have moved on to the next "threat": GOX.
53.
Post 4963088 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Well can you please stop thinking about china's new year? Its over. Markets have moved on to the next "threat": GOX.
Hey. The banks have been closed. Funds are not getting into BTCChina yet, as far as I can observe. I was just asking an innocent question here.
Fair enough,
but still i think that even if more funds would get into BTCchina, there is still too much uncertainty regarding Gox that nobody would dare to make a move before it settles up. Afterall, we are talking about one of the first & historical BTC exchange platform, if it bails out at some point, it would be dramatic for the good image that the bitcoin world had fight for until now. thus, expect new lowws
btw didnt mean to be rude
54.
Post 4963273 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Well can you please stop thinking about china's new year? Its over. Markets have moved on to the next "threat": GOX.
Hey. The banks have been closed. Funds are not getting into BTCChina yet, as far as I can observe. I was just asking an innocent question here.
Fair enough,
but still i think that even if more funds would get into BTCchina, there is still too much uncertainty regarding Gox that nobody would dare to make a move before it settles up. Afterall, we are talking about the first & historical BTC exchange platform, if it bails out at some point, it would be dramatic for the good image that the bitcoin world had fight for until now. thus expect new lowws
btw didnt mean to be rude
I, along with many others, have been ignoring the price on GOX for a while now. Maybe I am naive to think that the price would not be affected by an exchange going down, but with the price trading at a much different point then all of the other exchanges there is already a feeling that GOX is not really all that legitimate.
I agree, still its not much about the importance you give them, it is more about the thousands of people saying bye bye to their money & BTC. How would the entire world react in front of such fraud?
edit: i can already see the mainstream medias' front pages... ^^
55.
Post 4963464 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Hola! I'm really astonished. Gox seems to be really bad-tempered
it's happeninnnng
56.
Post 4973515 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
When people can't see bitcoinwisdom, then most can't see how the new rise has weak support with weak volume. They can only see that the price is rising and they will buy in with less fear.. and then there can be more big dumps. Bitstamp is currently at 790, while there is decent buy support only at 772. But I bet the religious zealots are already buying in because it seems to be going to da m00n.
Like I told yesterday, this dance will last a long time, until all the "right whales" have sold their coins to the choo choo folks for the right price.
If can't see Bitcoin wisdom I am out!
Especially with all this other dodgy shit going on at the moment.
I've moved to 50% fiat.... it's making me nervous that Gox has dropped from over $900 to $840 but Stamp & BTC-E have barely shifted.
Maybe the gap is being closed (which is good) but I can't see why and there's not much news to go on, just the Apple FUD.
wow only 50% fiat??
57.
Post 4973750 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
wow only 50% fiat??
Yup... the rest is in LTC and I'm hoping to make some BTC on that when LTC moves back up.
Betting on both ends here lol
LTC wont move up if BTC doesnt. hence if you expect a BTC drop (and shrot accordingly) you shouldn't bet for an LTC uptrend on the other side. thats total nonsense.
58.
Post 4974302 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Bitcoins can be bought with cash in 28,000 stores in the UK from today using ZipZap.
http://www.coindesk.com/can-now-pay-cash-bitcoin-28000-uk-stores/I think this could be significant, particularly for immigrants who normally send a lot of their income home via the likes of Western Union.
So even in my small home town there are now 5 retail outlets where I can buy Bitcoins for cash.
What are the premiums like?
EDIT: Sorted. Cheaper to just use Western Union.
if you take the time to read the article, you'd see that it would be around a 4% premium..
edit: oh nice you sroted it out
59.
Post 4975426 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
That's a bit better....
Maybe in appearance (depending on taste), but I'd imagine the JBLs sound much better.
Those things look like the kind of low-quality designed-for-appearance crap you'd expect from Apple Corp.
lmao.
these my friend are "la creme de la creme"
->
http://www.avantgarde-acoustic.de/home.htmlYeah these are the nuts.
I would give one of my fingers for a pair of these, or two fingers http://www.youtube.com/watch?v=U1tWyOGaylYApprently hes using a G-ORB RUBIDIUM MASTER CLOCK GENERATOR
haha, try 1 or 2 BTC at some point
60.
Post 4977568 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
What happened with bitcoinwishdom?
Nothing?
Doesnt show any graphs for me. Only the frame of the site.
I have several bitcoinwisdom windows open and have opened a few more to check. It's working great!
Did you change some settings in your browser?
No.. Tried different browsers.
It says:
Bitcoinwisdom in temporary down
Domain is not bitcoinwisdom.com
network issue
what is funny though is that their other services such as mining calculator works fine. i think they've been doing some maintenance for today. it shall come back soon.
61.
Post 4983051 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Little war on Stamp
dont want to spread FUD or anything but all this long & stable downtrend we've been seeing all day kinda look bad . its not even a sudden drop with quick recovery as we are used to.. really dont know where this might take us
62.
Post 4983818 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
please die, as soon as possible, for the sake of all of us.
Some of us still have assets with Gox. Should we just die as well?
lol. been lurking at Gox IRC channel and they ban every people that sounds 'unsatisfied' or 'unfriendly'
edit: what if, they wait a bit more, then say they bankrupt, which would result in a big BTC crash allowing them to rebuy cheap coins and pay back their customers.. ^^
63.
Post 4984526 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
I am 50/50 fiat/AMshares
64.
Post 4984813 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
I'm going to hold what I have; lock it away in cold storage and set a reminder on my calendar to check the Bitcoin price next year at this time...
If the price of coins fall I'll still continue to buy. I'd rather lose my entire investment than contribute to this foolish panic.
The only thing a sell off will accomplish is to redistribute the coins to even fewer holders...
and that would be people with deep pockets already..
dat cycle of life.. ^^
65.
Post 4984906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
These bears are pretty weak. They claimed Bitcoin was done when it crashed to $3, when it crashed to $80 etc. Funny those bears aren't around anymore but we have this new generation saying the same shit and they think they are clever and original. The bear markets are when you make your money, real money, crypto-not fiat. Being a herd animal is a valid survival strategy for most, but surviving isn't living. Being a cowboy on the edge of the heard on the verge of stampede, that's living.
If you believe in Bitcoin, hold your ground. Pick up some cheap coins when they are available. If you don't believe, it's ok. We'll take your coins. We don't need you, so vaio con Dios. The world needs losers or being a winner wouldn't mean anything.
losing and winning is subjective
the whole world is a zero sum game. some live. some die.
66.
Post 4986727 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
Cheep coins are coming!!!
First bid at 740$ (stamp)
first bid at 741
67.
Post 4987081 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.03h):
much doubt
such fear
very scared
chillin like a villain
68.
Post 4991902 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
69.
Post 4992024 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
really?
70.
Post 4992620 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
WHY THIS IS CRASHING
? ANYONE HAS A REASON
Its like asking why is the price going up?
YES THERE ARE REASONS FOR MASSIVE MOVES LIKE THAT!!
WHAT IS THE REASON OF THE RECENT MOVE
? ANY IDEA
.
->
http://www.coindesk.com/mt-gox-halts-bitcoin-withdrawals-price-drop/We've been Goxxed big time!
71.
Post 4993577 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
Had an order of $30K @$501 but canceled it. I´m pretty shocked that we go down or that we already have seen low $600´s...
You believe that anyone has a clear answer?
Not really but some guys here have more infos than me. I´m not sure why we even crashed and not sure why we even should go up. Also I´m not sure if I should buy me something usefull with my $46K or really play russian roulet with BTC.
play play play
72.
Post 4994576 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
73.
Post 4995460 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
initial crash enabled as Gox publicly says they are freezing withdrawals because of some technical issues...
second crash whenever Gox is going to bail out for good... wait and see...
74.
Post 4996166 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
What if spreading the fud was actually Gox's plan to cause the dump and multiply their btc holdings?
I repeat THIS IS THE END OF THE BUBBLE !
Bitcoin has NO UTILITY !Neither do you
edit: lol apparently you are on the ignore list of lot of angry pirates (but not mine.. yet..) ^^
75.
Post 4996204 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
What if spreading the fud was actually Gox's plan to cause the dump and multiply their btc holdings?
I repeat THIS IS THE END OF THE BUBBLE !
Bitcoin has NO UTILITY !Neither do you
typical bull denial
nop i made quite some money with that crash and maybe expect another one in the up coming weeks...
Still, i thnik bitcoin is solid rock.
76.
Post 4997158 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
didn't quite reach my bids. hope that wasn't my last chance to buy low!
Still a breddy gud price on stamp now i'd say
How in the heck is $730 a good price? It's a whopping 18% above the bottom of $619 just a few hours ago. That's ridiculous. It's further from the bottom than it is from where it fell from, during a downtrend.
Last time when it crashed to 380-450, the 630-650 was still a damn good price to buy
That was the initial crash, which is always a huge trading opportunity. During that time the long TA indicators are still pointing upwards. Now they are downwards, indicating that this is likely the first step of a downtrend.
i kinda agree, the only question is, at what point shall we short back? 780?
77.
Post 5001545 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
Ok so it seems Gox is just going to be dead. Other exchanges are already getting ready to replace it from there.
->
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
78.
Post 5019273 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
Strange times.
Where the bulls?
CCMF?
79.
Post 5025369 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
80.
Post 5026743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
Told you a few days ago:
CCMF
cheap coins mofos!
Hope you all sold and not bought last bulltrap.
But some permabulls never learn.
Thanks for 30% more coins! Sell when the people shout "bye bye tripple digits". That suckers got burnt heavily and they probably sold at the bottom.
Buy when all panic sell. Works allways with bitcoin, just need patience and fiat ready @ major exchanges.
CCMF...CHEAP COINS MOTHER FUCKERStotally works for me
81.
Post 5026795 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.04h):
If USD withdrawals have not been fixed for almost 8 months, what makes you think they will fix BTC withdrawals in less than a month?
Two unrelated processes.
Cash holdup is possibly frozen assets during an investigation, or limited access to fiat due to banks' intransigency/fear.
BTC holdup is likely a bug in Gox's wallet software, as explained in the Gmaxwell reddit post linked upthread.
Cash Flows
One key insight Mark provided was the cash inflows vs outflows. He estimated $5-20 million cash going in every day, and $0.3-1 million going out
http://thegenesisblock.com/an-analysis-of-the-interview-with-mark-karpeles-ceo-of-mt-gox/what are they doing with the net amount of 4-19 million $
per day !!!!!! ?? Should be easy to process withdrawals
Gox also have problem with US agencies and banks. They are probably under constant investigation regarding money laundering and all that same shit that got Shrem behind bars. Hence the cash is frozen as well.
edit: On the other hand, the good point is that Mark isnt in jail yet since he seems to fully cooperate.
82.
Post 5036100 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.05h):
I just don't understand this current upward drift in price. Unless people are bored on Sunday.
Bored and greedy. As this day comes to an end, so will the uptrend.
That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.
Time for choo choo's
delusional. to all new comers, be careful when investing your money.
83.
Post 5057178 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.05h):
I was just admiring the shape of Fonzie's skull!
There are bats everywhere!
need my "gox" shoes!
84.
Post 5057274 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.05h):
lol and that thread's poll with 35% people believing we would trade between 700 and 800 this week.. errrr
KARHUUUUUU
85.
Post 5063656 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.06h):
anybody else is unable to withdraw BTC from btc-e?
Working fine for me.
Where have I hear this before?
Small withdrawals working better than large ones?
They had an unusual day. Perhaps their hot wallet is simply empty or something. Don't worry too much just yet.
I don't think so. The withdraw is completed on btc-e but never appeared on the blockchain. the submission now over 4 hours ago. Other withdraws seem to work as it should.
damn why always me. I hope this is not the beginning of Gox problems.
isnt bitcoin on its way to get 100% illegal in russia anyway? and where is BTC-e from again? do the maths gents..
BTC-e is about to be GOXxxed..
Big time
edit: although i know there're from bulgaria, still, most of their customers are russians...
86.
Post 5063846 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.06h):
I found a couple other guys that have a limbus withdraw from BTC-e.
Getting scary somehow.
My theory seems plausible now:
https://bitcointalk.org/index.php?topic=178336.msg5060684#msg5060684" Btc-e is taking Huge risk , they are GAMBLING with Customers USD deposits by allowing 1:3 leverage. If those are indeed forced liquidations, btc-e suffered millions in loss."
BTC-e is screwed. hence their attempt on making cash whilst selling "some" coins down to 100$. nobody f**k with putin. not even obama. :p
if anyone didnt take their chance on those sweet cheap coins today... you will get another shot very soon.. but avoid gox and btc-e for f**k sake! ^^
87.
Post 5064079 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.06h):
new poll
bearish, if not fatalist, as hell
88.
Post 5084543 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.06h):
I wonder WHO/WHERE the attack is coming from ?
JP Morgan
MtGox
Putin
China
Fonzie's mum
NSA
Some 14 year old in Rio
Mini Putin (you know he has got one)
A bunch of c.......
Reality is attacking the current market price with furious anger.
The price should have gone down around the end of December/start of January, as it got clear that by closing the Chinese exchanges, there will be a big drop in demand.
It should of gone down and then have a nice recovery with opening new exchanges at new locations. But because the market was stupid, it went into denial and tried to push the price up with force of desperation. Now this force is ending and there isn't enough of it to drive the price up. But with bitcoin, if the price won't be going up, it will mostly go down to the level of previous bubble height (right now 200$) and stay there for some time until recovery.
This is the trend of bitcoin. Now the cycle will only take more time, because the market tried to break the trend by trying to keep the price up.
200$ BTC is not a disaster or nothing to be afraid of. It's normal for bitcoin. Just let it happen already and we can continue this natural form of development.
Keeping the price up in this artificial manner is the reason for all this confusion and FUD. People can sense it that the price isn't normal and therefor there will be more doubt on everything.Spot on.
THIS +1
everybody should be very careful from now on.
89.
Post 5084643 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.06h):
lmao so funny.. hehehe.. its a shame paypal doesnt use cold storage ^^
90.
Post 5102485 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
hum.. quick question off topic but since this thread seems highly reactive: how do you resize pictures you post here using BBcode? (couldnt find the answer, the research tool bar is not very accurate)
91.
Post 5103294 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
LOL love to listen to people defend their electric cars as if they're saving money or the environment.
Please show me where I claimed electric cars save the environment or money. Hint: I wouldn't bother wasting your time.
But since you brought it up, a quick Google search shows many more articles confirming that green cars are better for the environment. But I don't know since I haven't really looked into any science behind it. I'm sure since you seem to be a global warming denier (in other words you choose to ignore the facts inconvenient to your conspiracy-laden worldview) that you'd find just as many links supporting your argument at lunatic fringe sites.
The point, as with religion, is neither one of us has time to do detailed research so you choose either to live in a world of science or fantasy. When it comes to conspiracies we can't always know the machinations behind everything we do. It is fun to go down the rabbit hole and not as easy to climb back out. One either climbs back out or, to his detriment, gets mired in it.
But, you know, spend your life as you please. If that's as an angry, old, toothless, shut-in cooter sitting in a rocking chair facing the front door, with one hand on a stack of gold coins and the other on a shotgun, keeping an eye on your jug of moonshine close by, then so be it.
You do realise the astronomical polution and ecological cost in producing the cars and shipping them over the world. Oh and where do you think the energy comes from to make electicity?!
Eekgad... you don't really want to go down this path do you? I mean, adding in calculations for all conceivable ecological/shipping costs for combustion versus electric cars? What's the point? Too tedious. All autos take money to produce and ship. All autos take money to produce the energy/storage upon which they feed. There are pros and cons.
Also the surface temperature of the planet has been cooling over the last few years not warming and the ice feilds have been thicker and further north/south than before. Global warming is the world governments biggest con. There is no direct correlation between rising C02 emmisons and global warming. There used to be until about 17 years ago when the correlation stopped but even still the gorvernments of the world peddle the need to be green to you and TAX you for the privaledge.
Hyperbole much? Conspiracy fueled, consistently misspelled, mindless hillbilly ranting. Bitcoin is perfect for you!
My vote for world's biggest con is organized deity worship mythology, i.e., religion. You wouldn't happen to also be one'a dem dere Jesus dimwits, would you?
Right... I would respond properly but pretty much every assumption you have made about it me is wrong, very wrong. I never said global warming wasn't happening in general (it is over a large time scale) but it is not linked to CO2 emmisions yet you are taxed to the hill for your co2 emmisions. Hence the word con.
I wasn't even talking to you it was a general statement as a few people were talking about it so its okay you can calm down, collect your toys and get back in your pram. I apologise that I don't have time to sit and proof read my comments, some of us have better things to attend to. You seem to take great offence to others views and as per usal resort to ad hom rather than answering the issue. Could it be the fact that you own one!
You speak to me like I'm an American, thats probably the most offensive bit in what you said
THIS:
http://www.salem-news.com/articles/february042011/global-superstorms-ta.phpWith the end of the world comes the end of Bitcoin.
92.
Post 5106536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
93.
Post 5117380 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
94.
Post 5117791 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
EU confiscation would boost Bitcoin like 10 Cypruses (Cypri?) squared. No, we don't hope it'll happen. It would be a disaster, but it would be a worse disaster if we couldn't help the poor bastards by selling them some crypto.
Yup! IMO it got to be worse before getting better anyway... Another Cyprus scenario at EU scale could definitely launch Bitcoin to da moon!! I mean, come on we all know cyprus was a test before implementing it on a larger scale anyway... Shit is about to hit the fan people.. And i see Bitcoin as the only credible safehaven from those corrupted banksters and governements.
PS: but i know it will be a disaster for most EU citizens having their savings seized/robbed Gox style..
95.
Post 5118853 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
This is an interesting option.
I'd like that to happen, but as someone who holds some millions of euros in several accounts, spread all over - what would be the incentive to buy bitcoin instead of gold, or real estate for that matter...
It's harder to smuggle gold out in the event of capital controls and damn impossible for land. If you have to pay property tax or are subject to use restrictions, you never really own land anyway.
But don't forget that rich participate in writing new laws and they will create few loop-holes. Rich own things - mostly international businesses and transfering things will never be a problem for them. Beside politics is in bed with them.
I kinda fear once panic will bring people to "lock" part of their savings using bitcoins, the governments will surely declare it illegal as well since they wont be able to taxe or reach it in any ways, thx to Bitcoin protocole.
So if this savings robbery happens, bitcoin will surge.. then it will be banned and thus price will drop.. ahah we are surely going to have some fun/action then
96.
Post 5118989 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
Mark is Back! the return of the jedi...
->
http://www.coindesk.com/mt-gox-mark-karpeles-responds-to-critics/so apparently, we wont be able to withdraw bitcoin from any exchange before a long time (for the malleability issue to be solved, which is clearly not happening yet)... CRASSSSHHHHHHH
97.
Post 5119132 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
It'll be interesting to watch him try and explain why every other exchange is back online except Gox.
I dont think we can withdraw BTCs from either BTC-e or Stamp yet?! and there is no clue when we will be able to do so. could take months..
98.
Post 5119165 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
what is funny is that they claim there is no recourse when using bitcoins... well.. Mr banskter there wont be any recourse too when you fucking bail out and disappear with our fiat or when you will let the governments take % of our savings... tsss
99.
Post 5122590 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.07h):
One has to give Gox some credit actually. At least this time they are Goxxing everyone before the rally rather than during it.
ahahah for sure bro
100% agree
Gox is Bitcoin's saviour! They'll be back even stronger!! But not before squeezing the s**t out weak hands with more feat doubt and uncertainty..
if you guys think Gox isnt f****g loaded in BTC anyway, your are fooling yourselves...
100.
Post 5131133 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.08h):
so hum Gox lost 50% within 2 weeks or so.. i just dont understand where the money goes since people cannot withdraw fiat NOR bitcoin.. i mean, i people are selling bitcoins at lower price to have lower fiat amount, where does the value goes since the marketplace is closed (meaning nothing comes out). and clearly everybody on gox seems to be loosing money anyway. dunnow if i made myself clear though
101.
Post 5138295 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.09h):
DAT BULLTRAP ON STAMP
102.
Post 5141490 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.09h):
Ideal scenario: Gox fixes withdrawals, all fiat on gox gets turned to btc and everyone leaves gox.
So who gets the fiat/cash , I guess Gox does...
meanwhile, Gox offices in japan...
103.
Post 5142317 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.09h):
So Fonzie, did you hit your short targets or are we subject to another bout of your uber-trolling?
I will stop trolling when Bitcoin hits 200-300$ , promised.
but that's when the real fun begins
104.
Post 5145630 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.09h):
That was the bottom of the bear market. I've seen it several times before and that's what it looked like. You can quote me on that.
note: this was
before the DDOS attack ,and except for Gox,
I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! note: I sold the bounce and bought the DDOS dip too!!!!!
This is like yelling at the roulette table that you called red and won..
NOBODY else called it at the time. Everybody was scared shitless and even the people buying didn't call it the bottom. I did.
$530/BTC low on the 10th, $538 low last night.
hmm wanna bet on this?
105.
Post 5152197 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.09h):
The bulltrap in June was also assisted with information that mtgox had fixed its withdrawals. The final reversal later did not rely on any such information.
indeed...
106.
Post 5170025 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.10h):
it's a hoax isn't it?
Gox? Yes. Gox itself is a hoax.
:p
can people cash out or not?
no you can't.
107.
Post 5171128 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.10h):
wow dat false alert on Gox... some people reacted a little bit too much considering dat hoax on reddit. FOOLS
108.
Post 5185588 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.11h):
such wow this game is so kuul
been playing for 30min already
too bad there is no real dgc behind it.. that would be THE best user interface everr!
109.
Post 5203743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.12h):
About to double my coins on gox. Again. I love you mark
lol yeah thats the way. people should stop crying about their coins being unavailable for withdrawal and fucking trade the shit outta gox until they eventually sort it all out.
110.
Post 5221481 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.12h):
wish i were trading on Gox... people seem to have so much fun... much trading opportunities
111.
Post 5227886 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.12h):
How boring is it on stamp
Give us some cheap coins man...
there
580 15K cheap coins right infront of you dude
I know the price is good but what if we really go down to 400 when gox withdraws work again? Then I will bite my ass that I bought at 630...
Why should we go down? Why do people always think that the people who bought cheap on gox will dump them immediately? most of them will wait until it's at 1000 again before they dump. I know i will.
It's likely that there will be a small dip due to some people needing fiat for cashflow reasons, followed by a rise due to some restored confidence.
yup this is going to be very tricky for those who are waiting on the sideline for some buying opportunity. better watch out or the train could leave without you, but i guess thats the game anyway.
112.
Post 5238387 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.13h):
Bitcoin isnt a ponzi itself but the trading plateforms could be in a certain way, as they might not have enough fiat to liquidate all the BTCs within them when the price is surging.
113.
Post 5259906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.14h):
Love that bitcoinwisdom 1d GOX chart.
very funny indeed
114.
Post 5265437 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.14h):
Do you have any proof of sending 50k to mtgox? This is not speculation is throwing money off the window. You might win, but still it's stupid to do.
That's amazing. You're willing to risk all that money?
This isn't my only deposit to gox recently and may not be the last one either. I simply do not buy the idea that mtgox is insolvent. They have made far too many BTC since they came online in 2010. I don't feel like I'm taking much risk and if mtgox has lost 50% of their BTC I still win. Honestly, what are the odds mtgox has lost 50% of their bitcoin?
WHATTTT
AMAZING BALLS OF STEEL!
much respect
115.
Post 5309056 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
some of those charts are way scarier than gox lately
->
http://www.zerohedge.com/news/2014-02-22/just-12-wtf-chartsbonus from the article:
SPX vs The Federal Reserve Balance Sheet - The Truth
116.
Post 5309114 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
I'm feeling pretty bullish in the short term right now.
week end bullish?
edit: discl: i've been shotring every mondays and buying back every thursdays/fridays for that last month and it surely had been freaking awesome
117.
Post 5309558 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
So, no one dares to guess how much ordinary gox-money (M) and how many goxBTC (N) are in MtGOX's client accounts? Not even how many figures those numbers may have?
Considering the amount of BTC widthdrawals that were pending last month (around 40,000), I would say that N is at least 200,000 goxBTC, and M is at least 100 million goxUSD.
Then MtGOX owes at least 200 million dollars (in whatever form) to their clients.
Are these estimates reasonable? Too small?
you can easily double N considering their private stash made from trading, leveraging and because of their first mover thing.
118.
Post 5309751 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
so the way i see it is we had pretty much some support testing at around 530$ (on stamp) with lower resistances upward.
this trend is very likely to break downwards.
119.
Post 5319274 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
you spend most of your time on this sub-forum and most of your posts are in this thread, and most of thing comes out your keyboard is only trashing people when they try to observe the price movements, it is cool when they say CCMF, but you trash them when they say they think there will be a drop !!!!
the title of this thread is Wall Observer BTC/USD - Bitcoin price movement tracking & discussion so if you don't like both price arguments go spend your time on something that is really helpful for the eco-system.
I think what really gets to you is that I'm almost always right. It must burn you that a permabull can eat your lunch even in a bear market. It's ok. I don't take it personally. Someone has to be on the losing end of the trade ;-)
now look to this chart, this will explain to you how traders change their postions from bearish to bullish and make some profit (1h chart BTW)
and look at this (3d chart BTW)
what is Hard to understand here ? there is nothing personal when tracking the price and try to make some profit of it, you are the only one taking things personally here.+1000
really appreciate your figs bro
simple, clear and undebatable.
people who dont shotr should not be allowed in this thread anymore. sick of those permabull fools who want everyone to think their way.
120.
Post 5319613 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
+1000
really appreciate your figs bro
simple, clear and undebatable.
people who dont shotr should not be allowed in this thread anymore. sick of those permabull fools
It is now mandatory to short? wtf get outta here... can we not all agree that people trade, and invest with different goals, budgets, strategy, timescales, lifestyles? who the hell is anyone to tell anyone else how to trade? if you want to short, short, if you want to hodl , hodl...
pretty simple
what i was implying is that not even a month ago, those permabull kept on insulting and beeing irrational retarded toward people such as fonzie who claimed they would short. if you cant understand that and being polite, be my guest and gtfo
121.
Post 5320021 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.16h):
+1000
really appreciate your figs bro
simple, clear and undebatable.
people who dont shotr should not be allowed in this thread anymore. sick of those permabull fools
It is now mandatory to short? wtf get outta here... can we not all agree that people trade, and invest with different goals, budgets, strategy, timescales, lifestyles? who the hell is anyone to tell anyone else how to trade? if you want to short, short, if you want to hodl , hodl...
pretty simple
what i was implying is that not even a month ago, those permabull kept on insulting and beeing irrational retarded toward people such as fonzie who claimed they would short. if you cant understand that and being polite, be my guest and gtfo
Yah... okies, the line "wtf get outta here" was intended in a "what you talking about Willis?" type fashion... think Arnold from different strokes.... maybe I sould have included a : )
However.... just want to point out that you are saying that people were against Fonzie because he wanted to short? nope sorry... people against Fonzie because he was behaving like a borish troll of the very worst kind....with no contribution, and basically wishing with glee that people lost their shirts, nothing against people that want to short, nor hodl , I just think it is better if people come with some substance some debate, some info, something to say other than the whole "you must trade like me or you are doing it wrong , my way is better than yours, or if you a a perma bull or hodlr you are an asshole , or if you are a short you are wrong and evil" crap.......... is just that.... crap..... BS and noise.
Fact is everyone has different goals, budgets, time, lifestlye etc and so for some people trading and shorting the market will work, if they are adept, and for others it will not. For some people hodling and buying dips is their preffered method etc etc...
Your post suggested that any perma bulls hodlrs be "not allowed to post" which is a tad daft to me...
Let people do as they will, and if they want to actually be taken seriously, then contribute with analysis and TA or discussion , ideas , thoughts, strategy etc
because I am as sick of the perma bears as you are of the perma bulls, and I am as equally sick of the "who has got the biggest dick competition" which is basically all that has been on this forum for pages and pages... my way is better than yours .... around and around in never ending circle .. like toddlers argiung about who has got the best mom.
yea i hear you, maybe i was beeing a little bit excessive in my reasoning. However, i would believe that people interested in tracking bitcoin's price movement would intent to trade a little with the keys and figures provided in this thread. If they cant stand bearishness on the short term, it is simply not a place for them. better go to that HODL thread
but we do all agree we are going to the moon somedays and thats what's important and makes us awesome
122.
Post 5325631 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.17h):
The sun is rising over the Land Of The Rising Sun - for what will be another fun week
Good morning
Vietnam Japan
->
http://www.youtube.com/watch?v=1F2RNOCyXe0
123.
Post 5325731 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.17h):
What are the changes we'll get that gox update on monday?
Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?
No tbh. They seem to like 7pm announcements.
Mark is just a vicious little fatty scumbag that pretty much enjoys playing all of us. It is just his way of satisfying himself and i expect he wont stop it any time soon. He just loves to mess with us and Bitcoin. It makes him feel he is God. And with all that fuss around him, with people travelling around the world to see him, we may actually prove his point...
124.
Post 5325783 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.17h):
Because they have their money locked into gox... No news is bad news, time to short = big time
uhhh that would imply news is good news.. and last time we had news was just "non-news".. and it clearly was a good time to short considering the drop that followed.
So news or not.. just short people!!
125.
Post 5327944 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.17h):
126.
Post 5328250 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.17h):
Is this 1 person playing around with 50K BTC on stamp right now?
It's Mark…. Selling all the cheap coins he bought on his exchange... duh!
ahaha +1
Mark is a genius. big love.
127.
Post 5339021 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.18h):
faaack i missed the dump
128.
Post 5357900 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
bitstamp :
https://www.bitstamp.net/article/Statement-by-Bitstamp-regarding-MtGox-insolv/STATEMENT BY BITSTAMP REGARDING MT GOX INSOLVENCY
BITCOIN IS STILL WORKING AND STILL HAS A BRIGHT FUTURE
The worldwide peer-to-peer payment system and crypto-currency known as Bitcoin is not dependant on any one actor. The Bitcoin protocol continues to work exactly as designed. Bitcoin remains strong despite the failure of any one exchange and will continue to grow and thrive as long people desire that it do so.
LOSSES LIMITED TO BALANCES AT MTGOX
It is important to underscore that the known losses of fiat currency and Bitcoin are limited to those balances that were in MtGox’s care. The MtGox exchange can best explain how this happened.
BITSTAMP CUSTOMERS ARE SAFE AND OUR BUSINESS IS SOLVENT
We at Bitstamp have conducted a thorough audit of our bitcoin accounts, as well as the fiat currency reserves we maintain in the bank. Bitstamp maintains all of its customers’ bitcoin and cash deposits and nothing is amiss.
BITSTAMP IS NOT SUBJECT TO THE TRANSACTION MALLEABILITY VULNERABILITY
Bitstamp uses a different protocol to handle problems in closing out its transactions and is not vulnerable to the “transactional malleability” issue that was apparently exploited at Mt. Gox. Additionally, we manually double-check every transactional problem encountered by our customers.
BITSTAMP’S FUTURE
We are taking steps to provide Bitstamp’s customers with the utmost confidence in our operations:
1. Bitstamp is financially stronger than ever. We have the most customers, and the most solid capital base, than we have ever had.
2. Bitstamp has retained the best available security and compliance advisors to assist us in protecting our clients.
3. Bitstamp prides itself on industry-leading compliance with its AML and KYC procedures.
4. Bitstamp is now performing quarterly financial audits and will post our financial reports on our web site.
Press inquiries please contact:
press@bitstamp.netyeahyeah.. basic shmuck.. just to warn you people: bitstamp is using a bank account registered at their company's name for holding your fiat. They do not open specific account on your behalf. Hence if something goes wrong for any reason (hack, bankrupt, ban, etc...) you will not be able to regain the fiat you had in this exchange (i suppose its the same for btc-e or bitcoin.de..).
So just be ware for f**k sake.
edit: although i mostly trade on stamp
it is still important to prepare for the worse instead of living in that pony tale & beeing surrounded by unicorns
129.
Post 5358214 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
bulltrap?
130.
Post 5360698 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
How can they still trade without being able to move goxBTC between users or are they only trading imaginary goxBTC instead of realgoxBTC? Will there soon be yet another market on top of this where one can trade bitcoinbuilder account balances for BTC?
its just the nature of financial speculation. cant change it. with bitcoin or any other asset, there will always be avidly retarded people to buy those "subprime-style" junks.
131.
Post 5361564 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
ok so there is over 1500 BTC ask on stamp @520$ versus 1500 BTC bids @450€. we are at around 500$ right now. any dump would collapse by at least 10% of the current price since there is not much of a support but clearly a nice resistance around 520$.
Place your bids gentlemen and happy fudgox games!
132.
Post 5361982 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
dowwwnn we gooooo
133.
Post 5362481 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
Mark be like
134.
Post 5364455 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
OH MY GOD, GOX FONZIE IS BACK, IT WAS JUST A DREAM
FTFY
135.
Post 5364645 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
got to admit MK has an amazing aptitude toward pressure.
Much balls.
136.
Post 5364758 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
Why the bad feeling? I doubt I qualify as a whale (even if in this thread 500 coins are considered "walls" some times), but I certainly cashed out Gox months ago.
lol my hero.
under 1000 BTC is peanuts.
137.
Post 5364844 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
Waiting for updates from MtGox
Bears be like
gad i wish i'd put that bear gif as an avatar around here..
138.
Post 5365001 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
finally break dat wall @520 on stamp. next stop @535
139.
Post 5365257 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.19h):
Disclosure: The rumor regarding Mt.Gox being bought out by a private investor should be CONFIRMED soon.
Some acknowledgeable sources have already released teasing material with pictures of Gox new Head Quarters:
yeayyy
140.
Post 5373959 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.20h):
What are the odds that we stay over 500 the next 24h?
Pretty good unless there's a goxxing from beyond the grave.
This is exactly what happening now. Mark in the IRC channel still claiming everything is ok. It's like an undead zombie you can't kill.
But what news from Mark could be make things worse? The think with the 750 000 lost btc over the years?
what could be worse is that Mark actually confirm this...
141.
Post 5384737 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.20h):
It is going down - 500 to be tested soon.
Reason: we are not that much below the long-term trend, so given the sentiment, we are "hanging in the air" when the solid ground is in 400-500, below that is a steal and above that is hopes.
Yesterday I would have agreed, but my opinion has changed and I think this pullback will not go below 530. I would not surprised if we already bounce off 550-560 as there's too much demand right now. We will see $800 within the next 2 weeks mark my words.
You should rather expect a withdrawl queue to be announced at bitstamp....if Marks cat don´t even need to get lifted from the
keyboard while beeing transfered to the cayman - islands
stop being idiot people ...you are holding the bouncing cat while
the insiders have cashed out...
new insiders only come in the double digits...MARK my facts !rofl ^^
142.
Post 5398251 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
Mark just stole the bitcoins.
He will never admit it (obviously)
There is nothing that can or will be done.
Believing there was a "mistake" or that the coins are "lost" is even more foolish.
Plz stop extrapolating and move on.
143.
Post 5398343 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
Mark just stole the bitcoins.
He will never admit it (obviously)
There is nothing that can or will be done.
Believing there was a "mistake" or that the coins are "lost" is even more foolish.
Plz stop extrapolating and move on.
well, if gox does end up claiming "lost private keys" somehow, this s easily proven by simply posting the public addresses. then if those coins ever move, he's caught in a lie. so, if he did steal them and says they were lost, then he couldn't ever spend them.
he is never going to clearly say they "lost private keys". at the very best you will get something like "the coins are irretrievable", which just means nothing.
edit: or something like he already told us about "coins being stolen because of malleability issue".. but hey, who could have done it that easily and at such scale?
144.
Post 5404951 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
Found this, is what Jesse Powell CEO of Kraken exchange had to say about the GOX saga
I've been wracking my brain trying to make sense of everything. What gets me is that Mark isn't an idiot. If I assume that the Crisis Strategy Draft is truthy, a scenario like this is more plausible than what we've been fed:
1. Gox was robbed of a massive amount of coins (800k+) at some prior point in time, possibly June 2011, and has been operating a fractional reserve since.
2. Gox determined that it was better to continue operating the exchange, probably both for the sake of Bitcoin, and for their customers who would eventually be made whole from fees earned.
3. Gox knew of transaction malleability and had been keeping that scapegoat in their back pocket to use in the event of a bank run. Or, they didn't know but the losses from TM were actually recent and minor. Or, they didn't know but the losses from TM occurred over a long period of time and they never noticed because they never reconciled the books, because they knew they wouldn't match anyway because they were already fractional.
4. Fiat withdrawal problems led to an increased uptick of BTC withdrawals, outpacing BTC deposits and draining reserves to 0. This may have been compounded by an actual problem with transaction malleability that accelerated the process.
5. Gox spent its fiat reserves and customers' fiat reserves to buy up BTC in order to keep the ship afloat until they could launch their rebranded Gox.com and Bitpocket wallet, which they'd hoped would provide more runway in the form of additional BTC deposits.
6. Gox doesn't make it happen in time and is forced to shut down, negative on fiat by millions and having lost all BTC.
finally, you got it bud.
edit: MK just bought some time to cover his theft. its not the first time it happened in Bitcoin services industry and it probably wont be the last time. the coins are never going to be recovered. period.
145.
Post 5408750 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
*snip
Lot of disinfos... not helped by silence from Mt Gox...
What we need is for MK to come out and say - all is lost, and this is the cause, or all is not lost, you need to wait until x.
The fact that we have not had one or the other is odd- and as little as I trust MK, I do not trust twobit not one bit.
not gonna happen. they just stole the coins and are never going to admit it. instead, they will hide behind that malleability problem. You'll NEVER get a clear statement whatsoever
It's so much more than "odd". At this point it's just poof of guilt. They're just preparing to sell the business (without the coins...) and then, adios amigos...
(i am using "them" because i believe that in order for Gox employees to keep their mouth shut until now, they should have had some piece of dat huge cake too.)
146.
Post 5409227 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
Senator Joe Manchin (who wants to BAN BTC) Was at the Yellen Hearing just now.
He asked Yellen of this was possible.
Yellen replied that there is no central issuer and no central bank, and it is decentralized, it is hard to regulate and the FED has no plans to do that.
bullisshhhhhhh
147.
Post 5414381 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
Is anyone not jealous of Mark's biceps in this picture? I know I am. He looks like he could punch through a concrete wall and decapitate the person standing on the other side of it.
the guy cant even walk 3min without being breathless.
check that vid:
>
http://www.youtube.com/watch?v=Z9H_x22QPTcat around 1:25 you can just "hear" his pain whilst walking...
and i suspect its even worse now he gained 30 Kg
PS: now we know where you mama lives Mark...
edit: oh and when he gets to the stairs... you just feel sorry for him...
148.
Post 5417454 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
<RogerVer>MTgox claims that someone was using the transaction malability exploit for years to steal coins, and they never noticed until they ran out of coins.
They'd have more credibility if they blamed it on aliens
its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark its mark
149.
Post 5422259 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.21h):
There are surely some extremist groups among Ukrainian protestors but you don't topple a government if you don't have support of people overall. Those extremist groups were just one part of protesting movement, whole Ukrainian people were behind it (and I mean Ukrainian people, not Ukrainian citizens who are putting Russian flags on government buildings in some prorussian areas these days, they don't give a rat about Ukraine anyway, they care about Russia only=
Surely protest were supported by USA and EU but when you give Ukrainians choice of picking West or Russians who ruled them for decades and still want to be the boss in their country, then that's not a big choice for them, they'll pick West any time.
I don't think they were a majority, but even if it was, you'd be surprised at how a bit of propaganda can steer a population, there have been endless coups driven by outside powers, just about any that you can name in recent years have been based on lies.. Iraq, Libya, Syria, Egypt, Venezuala (2002).
a recent attempt in Guinea where 4 Israeli's arrested for plotting coup:
"According to the intelligence files dated September 13 and quoted by the French newspaper, the mercenaries aimed to provoke the Guinean police and armed forces to hurt citizens in order to incite political unrest in the West African republic ahead of the elections."
They've used this same method countless times, you should watch confessions of an economic hitman to get a better idea of how and why.
I absolutely agree and it's obvious that this was driven and supported by Western powers, I'm just stating that it's also obvious that Ukrainians would rather turn them self to the West and not to the Russia, and considering their history I think it's fair to support them in that.
They are just buying that MTV, Mcdonalds and Rihanna crap... What they dont understand is their Taxes are going to surge as well as unemployment and misery. Plus, making Russia their enemy will have dramatic effects on their energy costs too... Fools.
150.
Post 5423354 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
I think Mark Karpeles deserves a dictionary entry for "incompetence"
no he deserves an Oscar for making the whole world believe he is incompetent. Genius.
151.
Post 5423462 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Yeah did anyone see that geek week video of him and all the stuff saying how he had previous experience coding and integrating banking systems and accounting systems etc. Theres no way he just let all those coins get stolen like that.
yup that right..
Plus, may i add THIS:
The company has also hired a lot of developers, but any developer code that’s created has to be looked over and checked by Karpeles, creating a bottleneck that has severely hampered progress.
source:
http://www.coindesk.com/exclusive-charlie-shrem-speaks-mt-gox-arrest-bitcoin-bromance/LMAO if anyone used the maleability issue to steal the coins.. its him...
152.
Post 5423969 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
we are just continuing that downtrend from were it was before that gox dump. who knows where it'll stop... The more time passes the more bulls get impatient and will sell for cashing out some profit whilst its still time.. despair hasnt happened yet..
153.
Post 5424285 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Somebody needs to dump because the choo choo train runs on bear blood. We have to test the support to build investor confidence. Someone needs to dump, but it sure as hell won't be me.
THIS
You cant build a new train on weak rails... they have to be put to the test... test is good. test is MOAR MONAYYYY
154.
Post 5426079 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
i wonder if the fact that 850k BTC were stolen and there is a possibility of the huge dump will be the cause of the next fud/panic
I doubt that, all current exchanges ( maybe except BTC-e) use strict AML and KYC complience
Same for MtGox
Soo should be very easy to catch them...
Wait...
how much is a passport scan on TOR ? 0.01btc ?
If you can scam 850K i think it's not so difficult to forge a fake confirmed account
I am no legal expert to be honest, a massive dump could happen but cashing that money out wont be easy...
i dont even see the point in cashing it all at once. whoever take it (mark..
) is just going to hang tight to it and cash out the minimum for living expenses since its obviously a way better alternative than cashing it out and keep the money in a bank at everyones sight and reach.
155.
Post 5426157 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
thats what i keep saying from the beginning.
i want my medal.
Watching Mark in that video is just absolutely infuriating
What a crook, you see no remorse whatsoever - he's just going through the motions and preparing for retirement.
looks guilty as hell.
told ya
156.
Post 5426278 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
What the apology means
Apologizing plays a key role when Japanese companies respond to a crisis — an act that is often misunderstood by non-Japanese. Unlike in Western societies, where a public apology is taken as an admission of guilt, apologies are considered obligatory in Japan, and it is common to see Japanese men in dark suits at packed press conferences with grave expressions, their heads bowed deeply, apologizing to the Japanese public at large. But what exactly are they apologizing for? Often the apology is for creating a disturbance and is not meant to imply guilt or innocence. While this might be understood in Japan, apologizing in this manner clearly does not translate well to an overseas audience.
He doesnt give a damn about overseas audiences... He just need to comply with Japanese, who will protect him from now on.
157.
Post 5426414 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
the term "lost" is so fallacious. it means that people wont be able to have their bitcoins back. but it doesnt necessarily mean that no one have access to them... LOL
Checkmate!
158.
Post 5427632 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
@sitarrow thx for the material! long week end of study ahead.
159.
Post 5427858 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
i'm just pulling back my bids to lower $400s
160.
Post 5428213 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
yet were back to 570 already.. ccmf
now thats when you see this kinda thing that proves whales/bots or whatever have their hands on markets. The most terrific information related to Bitcoin just got released and confirmed so far, yet we are back at $570. but when they'll get tired of supporting that price it will drop big time. remember that 10k whale on stamp jsut before gox went offline? things will get dirty sooner or later.
161.
Post 5428428 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
why is this the worst thing ever happend to bitcoin??
some fucking suit claims bitcoin is hacked, i thought we were through that shit
I do think very honorably that people loosing more than 850k BTC would be the worse thing that happened
so far.
But hey if that's
not that bad, what would be?
its seriously fucked up, yet there isnt even a clear explanation on what happened...
(although im convinced mark just stole em.. hence this vagueness.. but thats just my opinion
)
162.
Post 5428564 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
I don't know if Mark is a bad person, in fact I dont think so, I think the fact that he covered this up and tried to solve it without telling anyone was brave, but sadly this was the worst decision, he should come clean right away and minimize the damage....
Its wasn't brave, it was an attempt at the easy way out.
he just covered his track.. making it even harder, if not impossible to prove his guilt when investigating this theft. Adding two years of shitty accounting and hundred thousands of spreadsheets filled with nonsense numbers between his theft and Gox failure is quite a nice move..
163.
Post 5428750 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
...
it seems to me we know where the majority of the coins are. the addresses were posted in this thread a bit ago. that means, if indeed a theft, if those coins EVER move, we get to organize a hunting party!
Like all the hunting parties that came before
lol yup i think its time the term "Goxed" enter the dictionary as a "checkmate" synonym when implying the irrecoverable nor provable theft of huge amount of money... ^^
164.
Post 5428928 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
To counter the FUD, the most important news of the day is actually something unrelated to Gox and Vietnam.
Fortress has bought $20m worth of bitcoins at an average price of ~$900
they bought these today??
No, last year
then it doesnt matter..
Fortress are not idiots. They wouldn't have purchased an asset like this unless they believed they would get at least 5-10x return
yea but right now it looks like their investment got almost divided by 2..
165.
Post 5429101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
am I reading that right ? only $20K invested in Bitcoin, but is the first step which is positive.... also I wonder what do they think about this investment today if they bought at an average of 900
*snip
Those figures are in millions...
fortress invested a total of 364 Billion ? ah what are you smoking
$364 MILLIONS... What are YOU smoking?
those figures are expressed in $k so you just add 000...
166.
Post 5430556 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Anyone know Japanese bankruptcy law?
Someone recently posted (yesterday?) a booklet, for foreigners, explaining the main aspects.
at your service
Basically, Mark is going to walk free (at the very least in Japan), there is no recourses possible against him, he just had to bow few secs and he's good to go.
And i think that's just why he decided to move there back in 2011...
remember that 10k whale on stamp jsut before gox went offline? things will get dirty sooner or later.
has he bought back in yet?
Doesnt felt like he did. Why would he anyway? Maybe he just needed cash to buy himself a nice house.. I expect someone with that much BTC to have much more anyway. no need to rush back in.
167.
Post 5431169 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Where is the chapter where they explain how they'll slices him into pieces with a Katana ?
to be clear:
1/ The professionals are likely to operate with a primary goal of ensuring that the business continues as a going concern, so as to preserve jobs if at all possible. (wasnt that what Mark was doing?!)
2/ As a practical matter, cases are often advanced via private communications between court-appointed professionals, rather than via formal motions and court hearings. Indeed, the professionals themselves are routinely permitted ex parte communications with the court for purposes of shaping the direction of a case (as far as i can recall that was basically their way of communicating...)
3/ Court hearings tend to be rare. For instance, although a trustee requires court approval before taking several types of actions, the laws do not
condition that approval on the trustee having first provided creditors with notice and an opportunity to object.
4/ There is no official creditors’ committee appointed to protect creditor interests.
5/ As a result of the factors discussed above, a court supervised-restructuring in Japan tends to be far less transparent than in the United States
so as i claimed and reclaimed previously...
Checkmate
168.
Post 5431340 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Basically, Mark is going to walk free (at the very least in Japan), there is no recourses possible against him
However I suppose that he still may be prosecuted criminally if it is found that he did any fraudulent management, such as withdrawing profits for himself while the company was insolvent, or faking technical problems to prevent withdrawals. Is there such crime in Japan? Does the bankruptcy proces exclude it?
Good luck proving he got the coins or committed a crime regarding a "virtual" currency that isnt protected by any law worldwide... After all, isnt Bitcoin all about protecting anonymity anyway?
The guy's a fucking genius and owned big time every single person that were stupid enough to trust him whislt stashing their BTCs for an extended period on his plateform.
edit: @empowering
169.
Post 5431583 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Good luck proving he got the coins or committed a crime regarding a "virtual" currency that isnt protected by any law worldwide...
You're a liar. Goodbye.
WTF?!
Oh yeah sorry i am complete dishonest person that is taking advantage of lying about a subject that hasnt even affected me since i stayed the fuck away from Gox and Mark is the victim here...
I suppose he was just an kind idiot that flew to Japan because he loves eating sushies, that 850k coins just disappeared without any other explanations than a flaw in Bitcoin's protocol and that the person in charge of validating all the code added to the platform didn't saw that coming...
Fool.
170.
Post 5431750 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
You're a liar. Goodbye.
WTF?!
a "virtual" currency that isnt protected by any law worldwide...
That's a lie.
Has any bitcoin theft had at least been recognized by any court worldwide if not condemned so far? if so, please let me know and i'll immediately apologize for making such mistake.
edit: if it was the "virtual" that bugs you off, i was just implying that bitcoin doesnt exist legally. hence no recourse possible when being robbed... (yet?)
171.
Post 5432942 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Good luck proving he got the coins or committed a crime regarding a "virtual" currency that isnt protected by any law worldwide... After all, isnt Bitcoin all about protecting anonymity anyway?
Well, the FBI apparently thinks it can prove such things in the Silk Road cases.
And I believe courts have taken seriously thefts or scams involving intangibles like videogame points and weapons. As long as there is a legally valid and binding contract, and the customer can prove that the company did not honor it, the court may work, methinks.
Dread Pirate Robert has been accused of money laundering as far as i can recall and certainly not of stealing BTCs. On the other hand DPR is accusing FBI to have "seized" (meaning "robbed") his personal coins... good luck with that. imho there is not a single case (yet?) where people or companies were condemned for loosing or robbing other people's bitcoins. But i'd be glad to be proved wrong. If any recourse possible, it would be exclusively regarding fiat i guess.
172.
Post 5435682 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
I think it is ludicrous to argue with that nym. No one could be so stupid/ignorant as to honestly hold such positions, and still manage to post here. Much much better to ignore.
Yet it would have been civilized and polite to tell me exactly in what i was lying or being stupid/ignorant about.
so GFY
173.
Post 5436094 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
If you need to, you'll find a way.
FOUND!
Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
174.
Post 5436244 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
Best quote ever it's follow me everywhere
I know, that's where i saw it first
175.
Post 5436818 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
Do you have something to add to this article? It's from two days ago, and seems to be talking about the rebound from $400 (Bitstamp).
nah he's too good to argue about anything. being pretentious doesnt fill the matter he obviously lacks.
176.
Post 5436939 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
I bet Mark Karpeles is in jail by the end of the year. The Gox stolen coins was an inside job. Filing bankruptcy will only get people looking at this closer. He should have just ran with the coins to a country with no extradition.
He and cronies have gotten away with half a billion dollars.....when I tried to find a laywer in Japan in January
already they declined cause of a conflict of interest....the work out of this heist is planed for some time
already...he only need off-shore accounts but need not even move his ass with that much money to bribe the
system .
how much you loose in that Gox s**t hole?
sry for you pal, i guess you have learned the lesson the hard way
177.
Post 5437072 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
this will be more like the 2011 correction and less like the April 2013 correction
it willl take a long time for fresh money to poor back in to the system (if it does at all)
if it corrects like 2011 that is good for Bitcoin fundamentalists, but it may not, depending what happens to the Gox's coins we could be in for a coin shortage, and the treat of impeding catastrophe.
i guees so but i also think the community is way more stronger then back in 2011. Plus alot of new businesses are being funded and starts to emerge and i dont think they'll give up that easily.
178.
Post 5437278 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
I bet Mark Karpeles is in jail by the end of the year. The Gox stolen coins was an inside job. Filing bankruptcy will only get people looking at this closer. He should have just ran with the coins to a country with no extradition.
He and cronies have gotten away with half a billion dollars.....when I tried to find a laywer in Japan in January
already they declined cause of a conflict of interest....the work out of this heist is planed for some time
already...he only need off-shore accounts but need not even move his ass with that much money to bribe the
system .
how much you loose in that Gox s**t hole?
sry for you pal, i guess you have learned the lesson the hard way
No sorry I sold them on BB to some another Pal who still believed in those "guarding" poeple at
bitcoinfoundation....but still BTC is worthless in the hand of crooks...you´ll see soon enough bottom 74
dollars !
so you tried to sue them and when confronted to the bare truth you managed to sell them to a BB fool? Nice call.
The technology and the innovation Bitcoin brings is still amazing imho so i wouldnt be that pessimistic. After all, original monetary system is wayyy worse anyway
179.
Post 5437425 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
You know the market is bearish when...
so true. i just wish there were more honest bears, worthy of respect. so often the "theses" of "bears" is fabricated, predicated on disinformation, or pure FUD. it makes it very hard to find actual, useful, bearish analysis. in fact, i have developed an unfortunate bullish myopia by being innoculated against strong bearish cases by the myriad of weak bearish cases. i have to constantly correct for my own bull blinders.
VERY well stated.... many of these bears are spreading disinformation and have their heads stuck up some asses.. maybe even their own... Sometimes what is curious to me, is why they are hanging around these forums... just get out of bitcoin and go on your marry way... rather than educating guys who are more educated about bitcoin and/or other cryptos...
NONETHELESS, I do NOT claim to be any expert... yet frequently I can tell when I am being hoodwinked...
lmao bud, without any disrespect i advice you to be very careful with whom you tend to believe in here. Being a bear doesnt necessarily means you dont believe in Bitcoin. Its a very harsh world that one of money and be sure they'll ever be heists and deception. Better be skeptical and pragmatic. If not realistic.
180.
Post 5437577 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
in case you've missed it...
Good night people!
181.
Post 5455986 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
next week is going to be awesome
182.
Post 5462829 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
"rallies" on low volumes during week end
"crash and burn" on high volumes during the rest of the week.
its even more concerning as we didnt saw that much of a rally this week end.
hence, hide your kids, hide your wives..
183.
Post 5468318 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
nobody (except bots and fools) is buying at those prices. the only question remaining is at what price everyone would just rush into buying BTCs. i'd guess 200-250$ to be the limit here where people would just buy buy buy
184.
Post 5468385 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
nobody (except bots and fools) is buying at those prices. the only question remaining is at what price everyone would just rush into buying BTCs. i'd guess 200-250$ to be the limit here where people would just buy buy buy
i'm sorry you missed the bottom, but capitulation is over. it's slowly up from here until the next bubble.
yeah plz tell my you are 100% in BTC...
185.
Post 5469776 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.22h):
nobody (except bots and fools) is buying at those prices. the only question remaining is at what price everyone would just rush into buying BTCs. i'd guess 200-250$ to be the limit here where people would just buy buy buy
i'm sorry you missed the bottom, but capitulation is over. it's slowly up from here until the next bubble.
He's obviously delusional as any other waiting 200$ coins but this is far from "up from here until next bubble" yet.
to be fair, i did say 'slowly'
my point is that i think 400 was the bottom. i think from now until around june, price will be relatively stable (but with a slight upward trend) before we see the next bubble. i'm not saying it's not possible to dip into the 400s again, but i'm pretty sure we won't be going lower than 400.
I don't think the goxfear based flashcrash created a true capitulation bottom. It was nothing but a flashcrash within a downtrend and that downtrend will continue until the genuine bottom. I think we will at least be testing that bottom in order to confirm.
Well unless we have a break downwards within the next day or two, the downtrend will be over.
It takes more than a couple of days for the market to officially break a downtrend. I think it would either take a week or two even just to confirm it because of how low of a volume we are at right now. Volume has to significantly increase for an uptrend to occur and right now only old money is bringing in money to the exchanges. I do not see anyone too excited in investing into bitcoins after hearing about Mtgox.
duuh! exactly, thx man. Bulltards all over the place here lately.
186.
Post 5478639 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Haha moving his wall every time it goes up a dollar. Interesting to see which wall that falls first at 599
Yeah funny to see how people can "play" with almost 2M$, but i doubt he will push to 599.
Shady as hell.
Something's up.
I doubt the whale is just messing around for fun.. Oh well, maybe not.
187.
Post 5479080 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
this is fun to watch
obvious maniuplation is obvious.
why doesnt he simply buy into 600 if he needs those coins so bad?
He actually wants people to buy HIS coins at $600.
Im so not getting squeezed in the middle of those walls.
188.
Post 5479535 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Who panic bought??
189.
Post 5479709 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?
190.
Post 5479767 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?
The Russians are invading Bulgaria. True fact.
ohhh now i get it.
sell sell sell
191.
Post 5479870 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
BUT.. BUT.. You guys said we could buy cheap coins
They are cheap.
Says the mofo who probably bought them at 25 cents.
busted
192.
Post 5480146 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Nobody should get proud on themselves yet. I bought some 50-60 coins in last half an hour but this is in no way clear where we are heading yet.
If you guys could just dump ltc/btc to 0.015-0.018 I couldn't care less what btc price is
Agreed we don't know - but it's not a time to be anywhere near full fiat (for me).
As for LTC, not much fun trading it lately - think it's actually cost me.
Alts have been pretty grim of late - too many of 'em - full time job to keep an eye!Alts will surge along with bitcoin. There is no point trading them when bitcoin is bewteen stable and a downtrend.
193.
Post 5484514 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
no kidding.
194.
Post 5484946 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
no kidding.
Well there are many who have been arguing that karpeles/MtGox is the victim of a theft, have accidentally lost their private keys, that all is well, Karpeles is merely under a gag order, etc.
This should leave no doubt. Karpeles is a serial fraudster.
If he has stolen from anyone 'powerful' in Japan, he is going to have to spend millions on security for the rest of his life.
I hope he gets what is coming to him.
I have never traded on MtGox, BTW, thankfully.
i was being sarcastic as i always advocate that Mark just have it all and is going to walk free anyway.
195.
Post 5486772 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Just shorted my coins 710 to 670 and back in.
x2
196.
Post 5487395 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
bitcoinwisdom downnnnnn
197.
Post 5487443 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
bitcoinwisdom downnnnnn
works for me
yea now its back for me as well
198.
Post 5487685 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
While I don't think the bear market is over and I thought we would bounce to the 700s before finally finding a bottom, its SO NICE that all the trolls are gone. Every. Last. One. Of. Them. Crawled back into the crevice of their parents spare bedroom. Haha!
still here
and come on, even you admit you think the bear market isnt over. its just some son of a whale that is messing with the market. no TA or whatever prediction could have forseen this. But i guess this is Bitcoin... anyway, glad to see some action
199.
Post 5487958 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Yes, Buffet said some nonsense
today and the buyer panicked and put his first wall up
yesterday...
Buffet went on to point out that bitcoin is being priced off the dollar and that it is simply not a durable means of exchange.
How do they buy stocks, are they not priced "off the dollar"?
stocks arent means of exchanges. you dont pretend to buy your beer with stocks...
200.
Post 5488044 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Coincidence that this all happens on the weekend rpietila is having his mansion party?
I said it hours ago, he posted on his thread and sounded very, very cocky. I'm pretty sure it's his group doing this.
You give this guy waaaay too much credit.
Uh, I don't like him, there's no many people who called him names more than I did. To be honest I think he is twat, one of those I can't stand. But I do think he managed to incorporate himself in the group of some wealthy Bitcoiners like Goat and company, and they are very able to move the market.
The whole thing was orchestrated in a way that shows whoever did it understands the market pretty well. They know people are wary of fake bid walls, so they made sure their walls got eaten. They know people expect these brief pumps to be short lived, so they've made sure a new wall appears every few hours. They know people don't want to get left behind, so they were keeping their walls low enough that bids would pile in front of them, but moving them up when things were slowing down. By the time the third wall showed up it hardly had to do anything. They also know a lot of people are (or were) shorting, many of whom have probably been squeezed out. Probably the most telling thing is that no bigger whales came along to take a dump on the buildup, which would imply that the people capable of doing so weren't inclined to take what would have been a lot of profit. Why do think this might be, unless many of them are working together on this?
They've got things right where they want it now. Lots of people who were bearish will have bought back in, and everyone is scared to dump in case another wall comes along in a few hours.
But this is all just speculation right?
This buy in would have been more profitable if it would be spread out in a week or two. Whoever did/is doing this buying, doesn't care much. It seems that a certain number was agreed upon and now the plan just needs some quick filling. There were several pumps like these during the China boom. Without these pumps, BTC is no fun..
Yes its plausible, but I'm still not so sure. I don't think they wanted it to be optimally profitable necessarily, just very public. Assuming the whales already have some BTC, they will be watching the bear market carrying on with no end in sight. By doing this they haven't got the best price for their new BTC, but they have raised the price of their existing coins by a fair bit. If someone had that much to spend on BTC as a private investor, surely there are better channels for doing so than on a public exchange
imo its not a "new" investor but a early adopter that just wanted to mess around with the market. i guess they sometime enjoy their "god" status over Bitcoin and screw with us even more.
edit: new investors with that amount of cash would find other ways to step in.
201.
Post 5489981 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
It's Blockchain problem. Transaction was delayed but it just went through, though it still says no confirmations on Blockchain.
blockchain's been goxxed. the blocks are lost.
202.
Post 5490584 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Why did hackers stole 750.000 Bitcoins only from MTgox and did not touch any other exchanges?
What is Karpeles doing at the moment? Can he get out of Japan or is he "arrested" to Japan?
Does somebody know this?
I´m still sure Karpeles stole that coins and say hackers did that. Can he go to jail for the insolvency? or is it really so easy to open up an exchange, let people invest millions and then shut it down? I mean, easy way to get rich!?
They stole bitcoin to buy more dogecoin.
Karp is swimming in dogecoins. We all know this.
Yes, it is easy to build an exchange and steal from customers. I can build you an exchange for the low price of 10,000btc. I know that sounds like a lot, but think about how much you will make over time. Srsly
lmao
the question is.. which exchange is going to be next?!
203.
Post 5490903 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
yeayyy
204.
Post 5491653 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Why did hackers stole 750.000 Bitcoins only from MTgox and did not touch any other exchanges?
What is Karpeles doing at the moment? Can he get out of Japan or is he "arrested" to Japan?
Does somebody know this?
I´m still sure Karpeles stole that coins and say hackers did that. Can he go to jail for the insolvency? or is it really so easy to open up an exchange, let people invest millions and then shut it down? I mean, easy way to get rich!?
They stole bitcoin to buy more dogecoin.
Karp is swimming in dogecoins. We all know this.
Yes, it is easy to build an exchange and steal from customers. I can build you an exchange for the low price of 10,000btc. I know that sounds like a lot, but think about how much you will make over time. Srsly
Never watched the dogecoin charts and I´m not sure if you are serious about this or not!?
I and a lot of people have coins on stamp too and I´m worried that stamp could do the same as gox some day. Even though they are at a leading position at the moment.
You guys seriously think another exchange could have the same problems as Gox? It's coming out now that it was well known
Mark was neglecting the code.(lol) He had plenty of warnings from
people who know what they are talking about. (talkin 'bout monayyy )Also, Gox has been sending out a warning beacon since November when fiat withdrawals problems were getting out of control, you will see the same signs with another exchange too. Learn from your mistakes,
don't wish the same misfortune (nah they'll probably come up with some other "excuse")on other people.
The most plausible stories about what happened includes MK knowingly
trying to drag this thing out since about 2011.. yet, he moved to japan hoping that he would earn back coins that he had lost in 2011 (nearly 1 million coins)(seriously? seems poor Mark went to alot. give him a hug.).
Accordingly, by the time late 2013 came,
MK was utilizing bots and self-dealing with investor coins and well manipulating the whole situation in order to attempt to recover lost coins from 2011.(thats what he wants you to think but he pretty much was covering his tracks).
that he was NEVER able to make up. (what a fool he was.. )more seriously,
i suggest you guys go have a look there:
->
https://bitcointalk.org/index.php?topic=83794.0#post_toc_2
205.
Post 5492196 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
soo.. was today an..
...insider trading?!
206.
Post 5502491 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Auroracoin up 40% since this morning & still on a tear
Wow, buying Auroracoin must be one of the most ingenious methods of donating money to the people of Iceland as possible. I had no idea there was so much love for Icelandic people!
: -) well, they are nice folks. but i think it is an interesting social experiment also, especially in light of what happened with their banks and currency during the big collapse a few years back. just another tendril in the crypto revolution.
dunno if legit but seems that a pump'n'dump is goign on on AUR
https://twitter.com/CryptoJapan/status/440627366759387136/photo/1Wow... just wow.
awsome
anyone dare to imagine how fun they are having with BTCs?
edit: source
https://bitcointalk.org/index.php?topic=497736.100;topicseen
207.
Post 5502934 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
US crash to come...
->
http://economictimes.indiatimes.com/news/international/world-news/russia-warns-could-reduce-to-zero-economic-dependency-on-us/articleshow/31403595.cmsAn attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system
buy buy buy
208.
Post 5505469 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.23h):
Will we break 700? Strong support and building at 700.
If today is going to be anything like yesterday, that 2k is toast.
No.
We are trying to
sell that 2k.
by "we" you mean "you"?
209.
Post 5507355 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
soo.. was today an..
...insider trading?!
HAHAHAHA.
Mark Karpeles just liked him on facebook she said. epic.
seems it was probably a "sell the news day"
210.
Post 5507527 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
dump is coming 650-600$..
Why
cuz its slowly going down from 700$...and first bigger order its at 650$ arround 0.5k BTCs.
assuming there are real volumes, they can change in a blink anyway (sos whale/insider/mark/doger here we go)
211.
Post 5507893 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
But then, what is "honorable" about bitcoin?
The honorable thing is to allow yourself and others to have sound money. You, on the other hand, prefer to stay uninformed and shamelessly perpetuate your desinformation. It feels safer to go with the thugs, I guess.
Money thats value is held up mostly by a group of unknown people, who are in all probability former drug dealers, crackers or confidence men. The value is held up by those people and their decisions whether to dump their coins on the market or not.
This is the definition of sound money in the cult of bitcoin
How can you defend yourself being involved i such a vicious thing? I guess you are grossly unethical, both of you.
I must confess that I am quite unethical when earning with bitcoin. I'll try to balance my lack of ethics with general honesty
As I have understood then Jorge is actually ethical and he is not earning any money with bitcoin. Can't say the same thing about me tho..
That could be misunderstood. He is unethical in refusing to think and uncritically spreading desinformation.
I think that Jorge is actually one of the few that makes sense here. The bitcoin community mostly consists of morons who have no idea on what they are involved in. There are also clever people that get rich at the expense of the morons, so they keep their mouths shut.
I like to see myself as the one who earns at the expense of the morons, while not keeping my mouth shut.
but but but i though Bitcoin was a safe haven where everybody love each other, hug under rainbows and ride unicorns
212.
Post 5509740 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
213.
Post 5510010 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
If we dont go up from here then we're still in the main downward channel from the ath. We need to break this to confirm a true reversal
everything's on track tho
->
https://www.tradingview.com/e/eKyhwaqZ/Don't disagree I'm almost full btc again so would like us to go up just throwing it out there. We've gone up over $250 in a couple of days would hardly be surprising to see a significant pull back.
yea.. whales can/do surprinse us...
214.
Post 5510317 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or
https://www.bitstamp.net/api/transactions/ (633.64)
So let me get this straight... if this were NOT a bitstamp trading error fuck up, then every single order down to $633.64 should have been filled, and that would have taken about 3,000 bitcoins to fill all of those orders (unless some big fish pulled their order).. then it would have taken several minutes for traders to recreate new orders... therefore, a glitch in the system.
yea or maybe stamp is experiencing some "issues" and the BTCs down to $633.64 got "lost"
i'm smelling fear and uncertainty suddently...
215.
Post 5512586 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
http://finance.yahoo.com/blogs/breakout/bitcoin-could-be-manipulated-and-that-s-ok-165845510.htmlIf Bitcoin were a stock trading that thin it would take a stunningly small amount of money to manipulate the price. In fact, if Bitcoin traders played it the way stock trading syndicates controlled stocks in the days before the SEC, they could just trade Bitcoin back and forth to one another, walking the price higher and creating the illusion of support.
No way is that happening. Just no way. Not my precious bitcoins.
lol
Blitz knows the truth:
Your coins belong to US
no no no
216.
Post 5512807 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
ok now im just wetting my pants.
->
http://huvrtech.com/buy buy buy
edit: OFF TOPIC BUT SERIOUSLY... Wowowowowowow
217.
Post 5513514 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Now why this Stamp bashing? Do I need to know something? Have a lot of Coins there...
Are you serious?
It's not wise to keep
a lot of value into an exchange account.
And especially not in an exchange that is running such shoddy malfunctioning code as bitstamp.
WTF everybody here was saying that Stamp is the best exchange and finaly we get rid of gox and hail Stamp... And now its bullshit code?
learn from mistakes:
exchanges are going to be better never trust a third party whatsoever
218.
Post 5515326 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Where the hell is Slovenia, anyway? It's 2014 and I can't believe we don't have better exchange options yet.
Shouldn't you rather ask, where the hell the UK is? Bitstamp operates in the UK!
the bank accounts are in slovenia
needless to say your money is safe there.
219.
Post 5515433 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
ouch!
to the moon!
220.
Post 5515572 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
After today's roller coaster, I am sure that no one cares to know that the Chinese Slumber Predictions for today, namely 3370 CNY for Huobi and 551 USD fo Bitstamp, were quite off the mark, by 680 CNY and 112 USD, respectively. So I will not tell you that.
You probably don't care to know either that since Huobi's clients were all in bed by 3:00 am, today is a True Slumber Point. It would be pointless to observe that, therefore, the previous trend is no longer valid. I am sure you don't remember me promising to never again deduce a trend from a single data point, so you will just ignore my doing so now and will pay no attention to my prediction that tomorrow Tuesday Wednesday Mar/05 at 19:00--19:59 we will have the same soup that we had today, namely 4050 CNY at Huobi, 663 USD for Bitstamp.
poor jorge, dont be that resigned
keep the faith bud
221.
Post 5522785 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Just an average week in Bitcoinland....
MtGox
Poloniex
Flexcoin
First Meta
BTC-E??
Bitstamp??
i'll bet btc-e shuts down before stamp.
222.
Post 5522908 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Just an average week in Bitcoinland....
MtGox
Poloniex
Flexcoin
First Meta
BTC-E??
Bitstamp??
i'll bet btc-e shuts down before stamp.
russians know how to run a shady business. so, bitstamp first.
So.. are we having a bet?
223.
Post 5534559 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
By the way, Tailor, what are you doing in this forum? Are you just here to inform bitcoin investors of the perils of bitcoin, or do you have some meaningful purpose, besides spreading baloney distractions?
Is this an attempt to run off one of the unfaithful?
I'm here for the same reason any of us: talk about BTC. That doesn't mean I have to be part of the echo chamber though. Once in a while it's handy to have an unbeliever in the midst, just in case the emperor really is naked.
Like most here, I'm a BTC speculator - I do hold some, and even lost some when GOX collapsed. My investment in BTC infrastructure is limited to the few bucks I've paid in exchange fees though. I've been pleasantly surprised by the price increase since the spring of 2011, but I don't believe the price accurately represents any underlying value yet. The price thus far has been determined by limited investment of money, so the market cap is on paper only. Total investment divided by total coins available would be a much smaller number.
I have NO reason to dissuade your participation in any BTC conversation so long as you are NOT just spreading speculative hype without any backing and just stirring shit. It is easy enough to stir shit in these kinds of quasi-anonymous forums, and personally I find it a big waste of time to engage in any prolong conversations with shit-stirrers, especially in these kinds of forums.
From your description, it does sound as if you have invested more into BTC than a mere observer, and that would definitely give you a certain amount of street credibility.
Certainly, I do NOT claim to be any BTC expert b/c really, I only started looking into BTC in about November 2013, and my beginning to purchase BTC began in the same month.. IN that regard, I am fairly new to these kinds of BTC conversations - and so BTC has provided quite a few learning experiences for me.... which I expect such additional learning to continue into the future, absent some kind of BTC downfall, which based on my current knowledge of the situation, I do NOT expect any time in the near future.... As you would expect, I am fairly bullish on BTC, at least in the long term; however, I deny that my bullishness is a product of some kind of cultish behavior.... b/c I will adapt my investment strategies to the information that I have at my disposal and that I am able to understand and to credit.
At this time, I consider that it is quite likely that within the next week or two that BTC will go up into the 750-850 range.. and probably remain there for a little bit stay in the sub $1000 range for a few months before going to $1500 ish.. possibly this calendar year. Thereafter, we should get increases in prices approaching the 3-5K range by the end of 2015... However, volatility is likely to remain... and of course various negative developments could impede this trajectory. If this plausible trajectory seems materially affected by world events, then I will adjust my strategy accordingly, including pulling completely out of BTC, if that seems the most prudent course of action.
thats it. bye bye
ps: you should listen/read a bit more rather than just writing pages and pages of BS.. i mean literally.. BULL s**t
224.
Post 5534854 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Another extreme boring Bitcoin period.
wont last..
225.
Post 5536384 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
including billions of dollars of investment going into its infrastructure and its wider and wider network of acceptance and use.
Billions of dollars? Really? That's hype on a whole new level.
Really.
I can enumerate a billion in ventures without trying hard. It's only a thousand millions, and a 5-10 million startup is begun practically every week. Then there are miners, the foundation, numerous apps for every platform in currency, exchanges, miner manufacturers, purveyors of plastic, shopping sites, not to mention the dark net. BTC turns over 6 times annually. For each dollar of recurring cash flow multiple dollars of investment are rationally expected.
yeah try again. LIAR
->
http://www.coindesk.com/following-money-trends-bitcoin-venture-capital-investment/On the Bitcoin side, the $97.5m in venture capital that has been publicly reported underestimates the total, which would include unreported venture investment, by tens of millions of dollars. (...) Finally, it has been estimated that upwards of $200m has been invested in bitcoin mining hardware and infrastructure to date, a figure which exceeds even a less conservative estimate of the total venture capital invested in bitcoin to date.
we're far from a billion
226.
Post 5536606 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
i mean literally.. BULL s**t
Pro Tip: "literally" does not mean "i really really mean it, like seriously"
hum.. "literrally" have been used here according to its 1st meaning, which would be kind of a "word for word" when emphasizing on the BULL (& the s***) as Mr JJ here seems pretty bullish and talks a lot of s***
edit: here you go:
lit·er·al·ly (lĭt′ər-ə-lē)
adv.
1. In a literal manner; word for word:
maybe i was being too subtile?!
227.
Post 5536908 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Just had a revelation:
When you think about it, the famous BS expression refers to Bulls.. not Bears..
Hence, who is likely to talk with more sense?!
edit: and plz dont tell me thats just some coincidence
228.
Post 5537101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Just had a revelation:
When you think about it, the famous BS expression refers to Bulls.. not Bears..
Hence, who is likely to talk with more sense?!
edit: and plz dont tell me thats just some coincidence
oh now its getting interesting:
BS is commonly used to describe statements made by people more concerned with the response of the audience than in truth and accuracy, such as goal-oriented statements made in the field of politics or advertising. BS is often used to make the audience believe that one knows far more about the topic by feigning total certainty or making probable predictions. It may also merely be "filler" or nonsense that, by virtue of its style or wording, gives the impression that it actually means something.
229.
Post 5544320 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Thankfully I had not yet gotten around to ignoring kkaspar yet, so I saw this. Of course I have to ignore him now that he caught my attention, since he is a troll who adds nothing of value, regardless of viewpoint. Having seen the accusation of mendacity, I reply.
including billions of dollars of investment going into its infrastructure and its wider and wider network of acceptance and use.
Billions of dollars? Really? That's hype on a whole new level.
Really.
I can enumerate a billion in ventures without trying hard. It's only a thousand millions, and a 5-10 million startup is begun practically every week. Then there are miners, the foundation, numerous apps for every platform in currency, exchanges, miner manufacturers, purveyors of plastic, shopping sites, not to mention the dark net. BTC turns over 6 times annually. For each dollar of recurring cash flow multiple dollars of investment are rationally expected.
yeah try again. LIAR
->
http://www.coindesk.com/following-money-trends-bitcoin-venture-capital-investment/On the Bitcoin side, the $97.5m in venture capital that has been publicly reported underestimates the total, which would include unreported venture investment, by tens of millions of dollars. (...) Finally, it has been estimated that upwards of $200m has been invested in bitcoin mining hardware and infrastructure to date, a figure which exceeds even a less conservative estimate of the total venture capital invested in bitcoin to date.
we're far from a billion
I am a liar, but you don't qualify to call me one, hd. In a more romantic world (not necessarily a better one) we would be drawing pistols at dawn. I know I am a liar, because I have to wage war against myself every day, to stay on a path of truth. I admit to indulging all too much rhetoric, by purely rationalistic standards (but definitely not by romantic ones). More struggle remains, I guess. But that rhetoric is not intended to deceive, and if I am in factual error I am eager to correct it, if only to steel my rhetoric against facile attacks by nattering nabobs of negativity.
I played loosely with words, and you called me out on it. For that I commend you, in that it was an excellent call, accurately identifying your perceived opponent's weakness, and maximizing it to your perceived advantage. I say perceived because I believe that, in fact, your own interests would be better served by seeking win-win collaboration and value-enhancing synergies than by exercising your oppositional personality disorder.
It would not, in fact, be "easy" for me to enumerate a billion in ventures full stop. I would have to include "miners, the foundation, numerous apps for every platform in currency, exchanges, miner manufacturers, purveyors of plastic, shopping sites, not to mention the dark net". Correction made.
One small aspect of the brilliance of bitcoin in its conception and execution is that it aggregates to its own agenda the resources previously dedicated to the fiat economy. While resources
freshly allocated to bitcoin may be less than 2 billions (but certainly more than 1 billion, and hence deserving of the term "billions", rather than "millions", which would be mendaciously misleading) the resources now
commanded by bitcoin, subservient and leveraged to its design goals, are on the order of tens of billions in USDnow terms. If bitcoin achieves its maximum conceivable penetrative success, without the expense of more than X USD of fresh purposefully dedicated infrastructure, it will have done so my commandeering trillions is pre-existing infrastructure, and re-purposing it.
By the way, hd, your attack, while well placed, lacked force. You quoted (to your credit) parts of the source which supported my position, and the conclusions of the quote were weak refutation, if they even qualified as refutation. The source enumerates 300 millions and explicitly states that this underestimates the total. Moreover the source does not include resources which I explicitly mentioned (without estimating). If the source were to underestimate by a factor of 3, it would not be incorrect as a result, thus both the source and my statement can be simultaneously true. Thus the source is no refutation at all. (That you choose obsessive oppositionalism over a synergetic approach, which would seek to extract what valid truth can be found instead of finding fault where perfection is lacking - everywhere, in fact - is probably not doing you good service.)
I should not have said "easily" but I persist that I can enumerate in excess of a billion,
without excessive stretching. This would involved many disputable numbers and perhaps even disputable resources. They would still be enumerated, and their total would still be serving the interests of bitcoin's design, some in a dedicated manner, some in a multipurpose manner, the latter mostly inherited from pre-existing infrastructure, but fractionally co-opted by bitcoin. It would also include ventures not considered in the total reported by your source.
(If both law and principle prevent me from defending myself with lead or steel, I can at least man up enough to use the tongue granted me, in the most temperate but penetrating manner which I can promptly muster.)
First, english is not my first language so apologize for not writing essays to rhetorically back up my POV,
Second, i'm not being not constructive; maybe you don't like my sense of humor or my cynicism (which is aimed mostly on Mark and bitcoin heists)
And third, i'm no fan of picky chitchat and referenceless tirades.
So yea, i'd have definitely enjoy drawing pistols at dawn with you, but lets not make it that dramatic, since deep down, we all are here for the same reasons.
Anyho, im not saying you always talk BS (although im certainly not going to agree about this billion $ you are
fanatically conjuring). Just that i also dont like being insulted. And at least I backed up my answer to you with a reference, which you clearly did not when calling me a liar or stupid..
So lets burry the War Axe and move on to more interesting subjects.
And since you seem to like latin quotes here you go:
Oculi plus vident quam oculus
230.
Post 5544542 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
New update on
www.mtgox.com:
March 4, 2013
No forced execution or preliminary attachment or disposition shall be made by a rehabilitation creditor on the basis of a rehabilitation debt with regard to the properties of the rehabilitation debtor during the period until a decision shall be made with regard to the application for commencement of civil rehabilitation.
What language is that?
Karpelese
lmao
Mark rulezz
231.
Post 5546044 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
That journalist is insane and ruthless.
He just condemned the poor guy to death sentence, whether he is The Nakamoto or not.
232.
Post 5546171 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
That journalist is insane and ruthless.
He just condemned the poor guy to death sentence, whether he is The Nakamoto or not.
Really now? Mark Karpeles, the guy that lost close to 1 million Bitcoins is still alive and you do not see any news about his family members getting death threats or robbed. I pretty sure he has more enemies than Satoshi does. Why does it even matter who he is? Everyone knows the creator of Litecoins and it does not change anything other than him promoting it.
come on man, you cant compare the creator of litecoin and the one that first came up with the whole cryptocurrency idea... think about all the Secret Services from all over the planet who would just love to "interview" SN. And im not even talking about the huge pile of money Satoshi is sitting on.. or bankster that would just love to "make him pay" for the harm he has probably done to their industry
edit: and also, if SM indeed have health issues, all that pressure isnt going to help him recover...
He is just going to be harassed from everywhere until he dies.
233.
Post 5547528 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
So, time is passing, bitcoin related news (whether good or bad) are flooding mainstream medias, yet i cant help to think we are "far from" touching $1k/BTC again (all thing being relative, im considering the "short" term here - from 2 to 4 months, so dont jump around being all offended when i say "far from"). But good news is we'll surely be over it by July (according to this graph)
Here's the graph:
As you can see, after the last two bubbles, price always seemed to just stick with the lower band for at least 3 months. Yet it looks like we havent even start to do so lately. Hence, i wouldnt be surprise if we dip a little further.. just saying.
BTW, this is just an attempt to some entertaining chart analysis, which not backed by any complex equation.
What you think?
PS: but i'm happy as long as we stick within that channel anyway.
234.
Post 5547676 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
come on man, you cant compare the creator of litecoin and the one that first came up with the whole cryptocurrency idea... think about all the Secret Services from all over the planet who would just love to "interview" SN. And im not even talking about the huge pile of money Satoshi is sitting on.. or bankster that would just love to "make him pay" for the harm he has probably done to their industry
edit: and also, if SM indeed have health issues, all that pressure isnt going to help him recover...
He is just going to be harassed from everywhere until he dies.
Satoshi wasn't the inventor of cryptocurrencies, as bitcoin wasn't the first one (but the fourth or fifth).
What were the first decentralized cryptocurrencies and where are they?
Ok, It may be the first
decentralized one, but that was not what hdbuck wrote. Egold started in 1996 iirc, and ecash in 1993, then there was digicash, webmoney and a few others.
come on man, dont be that picky
SN came up with the whole concept of crypto currencies as we know it now and that is being advocate all around the world as we speak. Surely he based his work on other people's work but he's the one that made the whole train work.
235.
Post 5548562 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
lmao.
Bitcointalk is so much fun
236.
Post 5548851 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Don't tell me you guys really believe this is Satoshi Nakamoto?
You can't be that stupid.
i guess we'll know soon enough as tons of journalists/fans are going to harass that person. He will eventually have to come up with some statement/declaration. MK style maybe?
but yea, im being more and more skeptical.
237.
Post 5549226 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
@keyzersoze: Satoshi is playing it Verbal Kint style...
and like that.. he's gone...
238.
Post 5550408 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Do you all really think this is him?
Nothing makes me think it isn't. It really isn't of much importance other than for the "human angle" though.
What makes you think it is?
maybe i misunderstood, but didnt Gavin Andressen kinda validated this info??
239.
Post 5550854 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
Saw it yesterday, yep that's pretty much me. Love it.
mirror mirror...
240.
Post 5551258 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
that journalist is going to get the Pulizer
241.
Post 5556993 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.24h):
"Satoshi just asked where the toilet is. I hope that he won´t take a dump"
hilarious!
242.
Post 5564899 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
So MK could probably
pay back at least 30% of everyone's goxxed coins.
243.
Post 5566443 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
hello!
244.
Post 5566516 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
I wonder how low we will go when the real panic begins
what do you mean ?
He means:
"I want the price to drop so I can buy in cheap."
resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell
245.
Post 5566680 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
I wonder how low we will go when the real panic begins
what do you mean ?
He means:
"I want the price to drop so I can buy in cheap."
resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell
So, you're saying Wall Street is preparing its entry?
Probably. But they aren't rushing blindly into it for sure. Right now, there is nothing that is legitimately boosting the price (besides insiders/whales/fools). Wall street is probably waiting for a clear buy in signal. which could be regulations incentives in the US, mining difficulty jump (as new ASICs are about to flood the market), price crash...
246.
Post 5566859 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
I wonder how low we will go when the real panic begins
what do you mean ?
He means:
"I want the price to drop so I can buy in cheap."
resignation begins when the price have been quite stable and didnt CCMF for an extended period (all things being relative). Then, people start cash out little by little (because they obviously cant wait anymore or need money to buy sushis), and as a "snowball effect", the price go lower and lower.. eventually, it drops even more rapidly as people reaction to such a downtrend would be selling more and more... hence, panic sell
So, you're saying Wall Street is preparing its entry?
Probably. But they aren't rushing blindly into it for sure. Right now, there is nothing that is legitimately boosting the price (besides insiders/whales/fools). Wall street is probably waiting for a clear buy in signal. which could be regulations incentives in the US, mining difficulty jump (as new ASICs are about to flood the market), price crash...
I think that those from wall street who wanted in, are already in. Dreams of bitcoin hitting big at wall street will more probably remain dreams. No serious player will trust their funds into something where he has to hope that unknown Satoshi/drug dealer/computer crackers/confidence men will hold their coins and by that keep the value of bitcoin.
If they want to invest into crypto, then they will start pumping something that has a more transparent history.
yea that also could be true.. but who knows.. never underestimate greed in wall street
plus, may i remind you that bitcoin is only at its beginning now. there's plenty of time to assess the opportunity to get involved or not.
247.
Post 5569274 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Thanks to your "to tha moon" BS I also get in panic and bought @685 with every money I had (50K). And now I´m fucked.
That's some top notch trading you did. Excelsior!
Agreed, that's just fucking dumb. You make trading decisions based on the BS in this topic? xD
lmao. poor underdawg.
i make trading decision based on the BS in this topic by doing the exact opposite all the time
248.
Post 5569455 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
I dont get what is happening there...
Can anyone explain?
Speculating !! Part of a MTGox Bailout ?
mark's just moving coins to buy some frapuccinos.
249.
Post 5569913 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Been strolling in the forum and found a very nice introduction to the intrinsic value of a bitcoin.
Thought it may help new comers to apprehend the value of a bitcoin from a different angle than just speculation:
The intrinsic value of a bitcoin is the total energy and computational/informational content that went into creating it (incl. energy to produce computing resource materials, silicon, etc, human labour, brainpower, encryption difficulty). The market value will tend toward the intrinsic value in the long term. I expect bitcoin values to become strongly correlated with the underlying kiloWatt-hour electrical energy price and oil, gas, coal (fossil fuels while they are still around) or fissile nuclear materials, etc. Depending on the independent circumstances of the markets in each of these energy generating fuels they correlate with gold, silver and other metal ratios over long periods. Metals are correlated with energy because that's what it takes to prospect for them and dig them up (it is not rocket science just economics).
In the short and medium terms premiums will probably be placed on bitcoins for various reasons; uniqueness, scarcity, anonymity, security. Also possible market manias or euphoric bubbles could erupt to distort values temporarily.
Money and energy have been joined at the hip since the beginning. Money is simply stored energy in some instances. Bitcoin is moving up the evolutionary ladder like atomic energy is to burning wood in caves.
250.
Post 5570200 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
dont wanna spread fud but if the 200k btc belong to gox and they got access to them, what is likely to happen?
assuming this as facts:
mtgox lost approximately 750,000 bitcoins deposited by users.
the last exchange rate @gox is 136$.
they have 200k btc
what options they have?
lets do some math....
(I)
they have 750k/200k = 0.2666 ~ 26,6% of the deposited coins.
give each user 26,6% of his deposited coins back.
(II)
paying the last price of 136$ each btc which would be 0.75m btc * 136$ = 102m $
therefore they had to sell the 200k btc to a whale for 510$ each btc: 102m$ / 0.2m btc = 510$
(III)
claiming they have no access to the btcs and its somebody else doing the current transactions.
just my brainstorming, does this make sense?
yea..but nope. Just forget about it.
251.
Post 5570824 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
...
WTF???
Why is there also dade murphy/crash override/zerocool from hollywood movie "Hackers"?
thats just a big joke...
252.
Post 5571395 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Guys, we need to leave Dorian alone so he can get back to CCing his MFing trains.
Seriously. I don't understand the fascination. The dude clearly wants to be left alone.
253.
Post 5572727 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
any bad news, or are we going down because low price going slightly lower is scary?
180,000 gox coins moving around
helloww, you cant be seriously thinking such "info" is effecting the price?
whats happening is just that there hasnt been a whale pumping the price for a while now and people just start cashing out. simple.
254.
Post 5573142 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
At the end of March, donations will be converted to USD
Donate and make the price collapse!
lmao
at current rate, big dump coming at the end of march
255.
Post 5597549 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
(off topic)
i've been looking for the best/secure way to make a customed wallet address lately and that vanity website seems to be the simplest way to do so. however, i'm quite worry about the fact that my private key could be leaked at some point if using such web based service. anyone could enlighten me regarding this matter?
thx
edit: i understood that i generate a part of the private key (moving the mouse on the screen) and they would then give me the other part of it but how can i be sure the part that i previously generated through their website hasnt been saved/stolen too?
Rather than use a website, just run vanitygen on your computer
arf, i just deleted the post to create a new topic in some more relevant part of the forum.
Thx for the answer tho.
I'd figure running the vanitygen on my computer would be better, but as im running on a mac, it seemed quite complicated to do so
(im not very familiar with github - any guide you could recommend me to get this done?)
256.
Post 5603707 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
you all vile satanists hoping for the return of the beast..
257.
Post 5605348 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
wowz almost 45BTC raised for dorian. nice nice
258.
Post 5614363 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
You can probably bind the data in the MtGox database with blockchain data. Then, you can find all MtGox used Bitcoin addresses. Then, you can find where the rabbit hole goes ...
brilliant
cant beat the ponzi
the remaining coins are belong to mark
no one is ever going to get something back
259.
Post 5620441 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
So much bullshit in this thread... $104
I wish some people would have moral and conscience...
what is immoral about placing a low bid?
You are spreading panic and suggesting people they should sell. I often lost money because I listened to some "guru´s" here.
finally. welcome in the "real" forum.
edit: the only guys worth listening are bears as you at least cash out some money and get to enjoy it before its too late.
260.
Post 5621282 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Not really. It can have two winners. I bought at 300$ and sell for 600$, because I want to buy a camera. Then the prices rises to 900$, like you predicted. So buyer and seller win.
Rather: the guy you bought from (if he got for free) won 300$, you won 300$, the chap you sold to won 300$, ahd the chap he sold to lost 900$.
No, the last guy didn't lose $900, he got bitcoin...
yea but then the price collapses back to $300..
261.
Post 5622146 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Why the dumping today from 640ish to 620 ish?
Any specific news or just regular price fluctuation?
<--- this
262.
Post 5622228 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
to which I say: WHERE THE HELL IS MY CHOICE TO LIVE WITHOUT A GOVERNMENT?
I am very curious what no government means to you, and why you'd want to live in a place without one. I mean, it's one thing to want less government intrusion, but are we talking less/no taxes, or are we talking no police department, no public schooling, no fire department. Where do you draw the line?
Oh yeah and about the eternal "what about the roads/fire department/schools/etc." - let's build them. Now that we have Blockchain technology and an increasingly stable currency on top of it we can build all sorts of things on a voluntary and decentralized basis at least for the reason that we don't want to be dependent on the government providing these services. Wouldn't that be a neat thing? Grow the institutions to replace the current system from the ground up. Let's plant some seeds.
*snip
Dreams and reality rarely intersect.
Isnt reality built upon dreams? all that MLK "i have a dream" or "the american dream" and so on doesnt ring a bell?
263.
Post 5622488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Im poor, and i am ok with staying home. Bring on the anarchism.
Shouldn't you say "bring some food and hookers" ?
Well i have guns, property with extensive gardens, and a long time girlfriend... So dont need food or hooks. I would trade food for ammunition and solar panels, but depending on when shit hits the fan i may not need those thing by then.
How about beers? when never have enough anyway
264.
Post 5622785 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
...I am convinced that decentralized/voluntary/anarchistic forms of societal organization are far superior to centralized forms in terms of their efficiency...
This is not, nor has it been in recent history, a reality. The fact that such arrangements have never persisted is, in itself, proof of their implausibility. A world where there is no crime, for instance, is superior to a world where crime exists. But such an ideal is as implausible as the utopian volunteerism you describe.
Huh? What utopian volunteerism? Are you hallucinating or am I sleeping? Both?
And unless you're ErisDiscordia's alt account,
you are also not being spoken to. But since you weighed in... What is it that's bothering you?
This is a new account with 6min. post limit,
so shoot for coherency in your reply.rofl. i like you noobie
265.
Post 5623770 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Fun! I'll jump into the discussion if you don't mind, and play devil's advocate for a moment (I'm personally mostly agnostic I guess in the discusion statists vs. libertarians/anarchists)...
How do countries like Switzerland, Sweden, Norway fit in?
They are, by all meaningful definitions, heavily leaning towards "strong state", but are economically incredibly powerful (per capita, which is the relevant metric here).
Sure, you can explain part of that by independent causes (Norway: natural resources, Switzerland: banking culture), but hardly all of it. The way it looks to me, at least in /some/ countries "statism" works just fine, from an economical perspective.
True but i dont see the point for countries that are already failing both socially and economically to keep up with statism?!
266.
Post 5629629 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
Dumping based on any news, or insider trading as usual?
Continuous dumping on no news, due to lack of buying support usually indicates price is currently over-valued.
THIS +1
267.
Post 5630464 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.25h):
I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.
dont forget there is the mental barrier of $1k which is quite strong. sustaining a rise from 100 to 1000$ is as hard as going from 10 to 100$ and it didnt took a year for sure. but there are also those whales pumping and panicking the market that we should be careful about. weak hands will be purged. and ego-delusionals shouting "choochoo" every 100$ jumps are just making it harder for new comers not to get f*** in this jungle.
edit: for f*** sake we are talking about a f****g grand here. thats serious money for the average joe and its surely not the whole speech about buying a thousandth of a bitcoin that is going to help it to get mainstream and attract new money in. at least give it time. whats funny tho is that at the first panic sell movement all the choohooers will just follow.
268.
Post 5658505 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Just a little fyi: my mother has worked at Deloitte's for 25 years and suddenly in the last 2 weeks, questions about bitcoin are appearing on their weekly business acumen quiz email sent round the offices... I see this as a sign that word is getting out in the finance world and they are slowly catching on...
introduced her to Litecoin already? cause BTC is out and only in the hands of criminals
lol dude you cant be buying that s*** about LTC.. i see LTC only as a leverage to have moaaar BTC...
269.
Post 5662878 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Is there anybody in this mighty thread who has used bitcoin for actually purchasing something with it besides FIAT ?
I confess the one and only thing I bought were Marlboro from Moldavia....anybody else got annecdotal evidence that
craptofuck is actually replacing Fiat in more than 0.001 % of ones purchases in real life?
give it time dude. give it time. for now people are more focused in gathering as much BTC as they can. since we are early adopters, might as well preempt the future purchasing power it shall give. Although people that were here for a long time have been living the good life so far and surely bought the shit outta overstock and so on... but give it time
270.
Post 5663044 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Now that is what i like the most... thank you i just found it here....
basically they are saying bitcoin isnt a currency but the underlying technology is promising.
so they are just going to come up with their own coin backed up with their "institution" as most people now still urge for f***** centralization and this might be a fatal blow to btc.
insight: friend of mine working in JP Morgan in London also confirmed they are kinda elaborating their own coin as we speak..
i really dont know what to think of those banksters interest in BTC... except huge mistrust.
271.
Post 5665264 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
ahah! wolf of wall street style uh?
BTW, when i said JPM was kinda on the road to make their own coin, i supposed it should be something upon which they will build their whole new transaction system (as their banking system is just outdated since the late 50s). so it could be internally driven and wouldnt look as another altcoin as we currently know them. But the fact is that they clearly plan not to do so over the existing bitcoin. they will want to take bitcoiners out of the picture as "early adopters hippies" and certainly not share a piece of the cryptographic cake.
dunnow if i made myself clear but thats just my "simple" understanding of it
272.
Post 5665331 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Belfort no buy bitcom. Beltfort SMART = he buy LTC
Belfort sell LTC best. caused by not anonymous creator, open develop scrypt, better past story with NO drugs and hookers trade
LTC take over bitcom
dont think Belfort would have been interested in a hooker and drug free currency/system
273.
Post 5665549 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
BTW, when i said JPM was kinda on the road to make their own coin, i supposed it should be something upon which they will build their whole new transaction system (as their banking system is just outdated since the late 50s). so it could be internally driven and wouldnt look as another altcoin as we currently know them. But the fact is that they clearly plan not to do so over the existing bitcoin. they will want to take bitcoiners out of the picture as "early adopters hippies" and certainly not share a piece of the cryptographic cake.
dunnow if i made myself clear but thats just my "simple" understanding of it
A ripple killer.
dont know excatly what ripple is all about but banks may end up buying it out and build their system upon it. sooo maybe ripple isnt a bad investment after all?!
274.
Post 5673301 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
wowow.. when will it be launched?
edit:
https://bittrex.com/ bullish?
275.
Post 5673364 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
276.
Post 5673788 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Be skeptical to this atlasats thing. The MarketWatch "article" has the guy behind it bragging about their own network and blah blah. Meanwhile, it's hosted on Amazon EC2. Amazon EC2 is mostly used to host scams, spambots and that sort of thing. Anyone who runs a webserver will tell you that their logs are full of attack attempts from Amazon EC2, your best of putting a -j DROP on their entire IP-range.
In other news, Crayon Pop is about to release a new single:
http://www.soompi.com/2014/03/12/crayon-pop-takes-off-helmet-and-dons-hanbok-for-upcoming-new-single/#.UyGHF3XZKXlok thx for the headsup.
defo bullish on crazy pop news..
277.
Post 5674344 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Germany doesnt apply minimal wages.
278.
Post 5675017 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Hey, I didn't even mention Spain or the Mediterranean. Don't be so quick to be offended, but now that you mention it, Spain has 26% unemployment and is
in eminent danger of defaulting on its loans too. The simple fact is that Germany can only sell it's admittedly well-made but expensive cars by extending credit to buyers who can't pay back the loans.
FTFY
just a matter of covering it up within fallacious reports.
279.
Post 5675480 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Germany doesnt apply minimal wages.
here in germany
we are just introducing a minimum wage of 8.50 euro. its not much and a lot of people here work for less.
with good education its a very good place to work but without its terrible except if you just want free money from the welfare systems.
but we do not only sell cars. take a look at the dax companies, they are all global players.
must be said
well, didnt know that but i guess its a start
280.
Post 5676742 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
And yes, I have a PhD in computer science, that I got by asking stupid questions.
Me too. I hope I never stop asking stupid questions!
"There are naive questions, tedious questions, ill-phrased questions, questions put after inadequate self-criticism. But every question is a cry to understand the world. There is no such thing as a dumb question". - Carl Sagan
Or as my Numerical Analysis II professor used to say, "there are no stupid questions, merely stupid questioners."
Quot Homines Tot Sententiae
281.
Post 5678146 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
You stay classy Leah, you crazy old thing..
recklessly endangers timid retiree by doxxing
gets doxxed...enter /b/
expresses moral outrage
this all adds up
what would be awesome is someone doxing where she is actually hiding so she at least get to experience the pleasure of what she has put Dorian through
282.
Post 5680876 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
283.
Post 5682647 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
meanwhile.. in Dogecoinland..
284.
Post 5684718 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
since its quite boring in here go have a look at this thread..
->
https://bitcointalk.org/index.php?topic=20336.0EPIC BUMP
285.
Post 5685951 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
anyone heard of this??
->
http://getpopcornti.me/freaking awsome
286.
Post 5686052 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
No, but I've heard of being on topic, have you heard of that?
In the wall observer thread? Good luck.
lol come on, the last 10 pages were just sociology chitchat.
at least that site is big news.
edit: should run a BTC donations campaign for these guys since they're probably going to go through a lot of harassment/trials.
edit edit: godd im so bullish on everything right now.
287.
Post 5692484 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
meanwhile.. fellow polish analyst at citigroup chose to get his pension fund in BTC...
bullishhhhhh
(edit: implying that the Bank itself give him the choice to do so...)
288.
Post 5696994 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
ohh mann electric cars are the worst.. you dont get to hear them when crossing streets..
289.
Post 5697764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
ohh mann electric cars are the worst.. you dont get to hear them when crossing streets..
Yeah, because you wouldn't want the awful personal responsibility burden of turning your head to see if a car is coming before crossing a street. Why not regulate it some more? Mandate rules to make EVs louder, then re-read Kurt Vonnegut's
Harrison Bergeron.The sad thing is it has already happened. I think it was the National Federation of the Blind in USA forced Nissan Leaf to ADD NOISE to their car. Mandated noise, for goodness sake.
http://www.autoblog.com/2010/06/20/blind-group-displeased-that-nissan-leaf-sound-can-be-turned-off/yeeea but still, you cant blame people for being used to car's noise since it has been invented and suddenly change it. it do create a lot of accidents.
290.
Post 5698004 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
yeeea but still, you cant blame people for being used to car's noise since it has been invented and suddenly change it. it do create a lot of accidents.
Please point me to the studies which reveal low noise EVs create lots of accidents. Your position is that we abdicate personal responsibility while crossing roads? Perhaps we should raise taxes so we can provide large titanium bubbles for people to use while crossing roads - it would certainly make them more safe.
there you go:
->
http://www-nrd.nhtsa.dot.gov/Pubs/811526.pdfThe analysis of crash location indicated that the odds of an HE vehicle being
involved in a pedestrian crash were statistically higher than the odds of ICE
vehicle being involved in similar crash when the crash occurred on the roadway.
However, the odds of an HE vehicle being involved in a bicycle crash were
statistically higher than the odds of ICE vehicle being involved in similar crash
when the crash occurred at an intersection.
edit: plus i dont think electric cars are greener.. think of all those batteries which are going to end up dumped
edit edit: in the end, my position is that electric cars are just a way for manufacturers to increase their marketshare and profit.. classic
291.
Post 5701515 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
seriously? 3 posts in a row? hopefully its the only resident of my ignore list
hehe lets make it 5
292.
Post 5711137 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.26h):
Ok so now I just learn about Mircea Popescu.
Bitcoin price? QED
293.
Post 5736568 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Who thinks the situation in Ukraine will spark something in the bitcoin price?
i think economical sanctions of any sort would impede the massive crisis that has managed to stay under cover so far.
294.
Post 5736693 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Yes, there are bad actors and yes the scandal may implicate other players. We do want to know what happened but we're burnt out on this story. [ ... ] You dwell on the negative always.
Whatever happened at MtGOX, it is certain that some 500,000 BTC now belong to a thief or scammer. Added to other scams and thefts, known and unknown, it may be that more than 1 million BTC now belong to bitcoin criminals. If those people go unpunished and get to keep their bitcoins, such crimes will not stop with MtGOX.
So, if bitcoin succeeds like his most ardent fans believe, perhaps 10% of all the money supply in the world will belong to criminals. You want me to root for that?
AS opposed to now when most of the money supply is controlled by (war) criminals?
pff yeah.. forget about that, in any civilisations, cultures, times.. they'll always be heists.. its because we, humans, are not perfect. stop dreaming about a criminal-free currency. aint gonna happen. NEVER.
edit: the only question is, which one is the most useful/simple/reliable?
295.
Post 5737209 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
@seleme nice! thx
296.
Post 5742606 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
the more nervous and impatient, the more deep the dip will be
297.
Post 5742914 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Step one: Ignore all FUD!
Step two: profit!
I've got some sell orders set in the 1200 range.
I would argue that its only once you reach previous ATH that it should skyrocket even moar.
Hence, i would certainly NOT set SELL orders at previous ATH but BUY orders
298.
Post 5745566 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Well, it looks like having a similar year like 2013 is not going to happen.
its not even April and you are already giving up?
299.
Post 5746467 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Morgen Stanley to host bitcoin event on thursday for employees. Or is this old news?
Its no news that banks are bullish on BTC deep down (& whilst warning the average Joe - probably to have more time to collect BTCs without raising suspicions). As i said before, i know some analyst at Citi Group that has been offered to get his sort of pension fund in BTC...
300.
Post 5753884 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
heheh gotta love that.
->
http://www.zerohedge.com/news/2014-03-17/global-death-cross-just-got-deathierBonus:
All the Trumans – the economists, fund managers, traders, market pundits –know at some level that the environment in which they operate is not what it seems on the surface…. But the zeitgeist is so damn pleasant, the days so resplendent, the mood so euphoric, the returns so irresistible, that no one wants it to end.
->
http://www.zerohedge.com/news/2014-03-17/rip-truman-show-bubble-finance-1987-2014
301.
Post 5754275 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
it's cuz Wall Street knows that if equity prices fall too much that the Fed will crank up the printing presses again. Stocks may be overpriced, but dollars are even more overpriced.
yea everything seems overpriced... except bitcoins!
302.
Post 5767514 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
1d and 4h charts:
and there you have the fractal nature of price... it's almost unbelievable, isn't it?
ergo,
my modo: "price affects price"
edit: any whales in sight?
303.
Post 5767705 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
There will be alot of asking about ltc, when huobi fully starts with it...
any idea of when would that be?
304.
Post 5789899 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
@mah87 since im not pretending to know what im doing anyway... im going to invest a bit in ripple.
305.
Post 5790735 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
Ok so I hear you all, thx for the concern. I basically understood the pros and cons.
Nontheless i'm going to go for it.
Imho, the only way Ripple could make it would be if it somehow undertaken by Banks (not that i am a fan of Banks, but hey, i guess they'll figure something).
And since I believe Banks like JPM, Citi etc are actively investigating cryptocurrencies, I figure they are likely to go with the simplest/cheapest/whatever dumbest way to attract/keep masses in their nets..
ergo ripple it is
edit: @mah87 care to donate some XRPs to a new ripplefellow??
306.
Post 5790908 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
yeayyy here is my ripple adress :
rKpFzneC3hpuz4H6JfUqEnqDNgqZ2i5g7a
307.
Post 5791127 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
What was wrong with the original model of ripple which was debt-based and didn't have a unit with a volatile value which could be pumped and dumped?
XRP's value is like a postage stamp, a transaction fee.
It could be a good stepping stone to integrate with banking but its already getting left behind in that and many of its features can be handled with Bitcoin contracts.
except that bitcoin contracts don't exists and ripple is actually implementing contracts and features that ethereum are still trying to define ...
thats exactly what im betting on
edit: thx for the tip mah87
308.
Post 5791372 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
What was wrong with the original model of ripple which was debt-based and didn't have a unit with a volatile value which could be pumped and dumped?
XRP's value is like a postage stamp, a transaction fee.
It could be a good stepping stone to integrate with banking but its already getting left behind in that and many of its features can be handled with Bitcoin contracts.
except that bitcoin contracts don't exists and ripple is actually implementing contracts and features that ethereum are still trying to define ...
thats exactly what im betting on
edit: thx for the tip mah87
Wake me up when they do something about the trust issue. Contracts as part of the message passing protocols is just an agreed format, as it stands contracts can be as simple as an agreement between parties in the message field and stored in the blockchain.
well i said i didnt know what i was doing anyway, just diversifying my investment. plus, i dont think banks pretty much care about
trust issues ^^
309.
Post 5791564 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
...
well i said i didnt know what i was doing anyway, just diversifying my investment. plus, i dont think banks pretty much care about trust issues ^^
Nothing wrong with that and it might turn out to be useful but I doubt it can be a game changer, closed development simply can't either keep up with or try to fight open development and Bitcoin's put in the foundations for a whole new field of software/communications.
true true, im also a pro open development, however, it appears to me that closed devlpt actually attracts the masses, hence the money (dunow if thats a relevant example but im thinking of Apple & Microsoft vs Linux). So i dont think banks are likely to promote open dvlpt, even more if its directly related to their "future" transaction system whatsoever.
Time will tell
edit: arf just saw mah87 comment about ripple being opened for 6months already.. haha. anyway, i shall buy and forget about it at least for this year.
310.
Post 5791811 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
plus, actually, why would a serious exchange like bitstamp include XRP?
311.
Post 5792110 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
plus, actually, why would a serious exchange like bitstamp include XRP?
bitstamp is a scam too ... of course... you so dumb..
hey ripple bulltard, i was actually making a point in favor of ripple. dam you.
312.
Post 5792193 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
plus, actually, why would a serious exchange like bitstamp include XRP?
bitstamp is a scam too ... of course... you so dumb..
hey ripple bulltard, i was actually making a point in favor of ripple. dam you.
and i was actually being ironic , damn your brain twice =D
arf
313.
Post 5792234 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
SO, back on topic.
Where is the volume?
somewhere in the range of sub $500s
huge walls.
314.
Post 5792356 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
We're going down. The question is, how far exactly?
i'd say at least till mid 500s. however, i wouldnt underestimate panic sellers' dumbness ^^
315.
Post 5792389 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
@mah87 so im getting to experience ripple's website, wallet, charts and exchange: very neat, me likee
316.
Post 5793733 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.27h):
... or something like that ... it confused me ... it started sounding like bogus to me and I quickly lost interest.
So, ok this is too complicated for you. It doesn't mean the technology behind ripple is not better than bitcoin... Damn , anyone who read what ripple is about and understand how it works ?
Magic
ouch
317.
Post 5805916 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.28h):
ideas for new poll?
when next choochoo?
(1 months; 2 months.. etc)
318.
Post 5812957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.28h):
319.
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322.
Post 5838721 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.28h):
When's the end date, 1 week?
yes
lmao
actually, given whats happening, you could call it a day
323.
Post 5888617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
dont mean to interrupt the party but what's going on with vircurex? didnt followed the whole story but is it like shutting down somehow?
324.
Post 5908919 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
325.
Post 5909155 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
hdbuck, EW is the study of how large forces naturally behave in a liquid market. it doesnt work on it's own, it needs fundamental drive and sentiment to be accurate, so this is not some kind of superficial witch craft. it works bloody well.
yea sure, whatever, i'm just messing around, having fun et al, what a nice day!
326.
Post 5909300 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
wow, nobody is buying at stamp.
wtf?
327.
Post 5915830 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
Re: Gavin will visit the Council on Foreign Relations
He did a great job of ELI5ing to our globalist masters. I think he convinced them to corner the market. They will probably start by closing down a major exchange and crashing the price. Then they will indict major Bitcoin personalities on trumped up charges. Then they will start rumors of bans on Bitcoin in major countries. They will continue shock and awe tactics until they shake out every weak hand and buy enough bitcoins to continue their family legacies into the next centuries.
Your prediction (from early Feb) is way too accurate.
The "shock and awe tactics" are just too much...
wow
328.
Post 5930837 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
haha i'm feeling some leg down to sub 500s within the next month.
as i said before, we havent experience
real despair yet.
come on people, give up!
329.
Post 5930915 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
btw, did we find out, why this thread is collapsing in page numbers? I find this really confusing, when trying to catch up
goat is moving on and deleted evidences.
330.
Post 5931216 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
331.
Post 5931678 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
Could be a tripple-ish bottom
Don't look for a pattern here, this is a FUD correction, not a typical one created by lack of price support. The same as when people found out Karpeles stole their money. Nobody can predict something like that.
i disagree. Imo it was very much predictable (i predicted it
). there is no price support, and even less pumping going on. volumes are shit, nobody is rushing to buy bitcoins, everyone is on an observation phase. so we're going down until some other whale decide to pump the price a little, just to avoid crashing back to 400. but you can clearly see that slow down pattern ever since the ATH was reached. there was no genuine capitulation yet. Everybody still thinks sub600$ is cheap. i call it BS.
332.
Post 5931856 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
Could be a tripple-ish bottom
Don't look for a pattern here, this is a FUD correction, not a typical one created by lack of price support. The same as when people found out Karpeles stole their money. Nobody can predict something like that.
i disagree. Imo it was very much predictable (i predicted it
). there is no price support, and even less pumping going on. volumes are shit, nobody is rushing to buy bitcoins, everyone is on an observation phase. so we're going down until some other whale decide to pump the price a little, just to avoid crashing back to 400. but you can clearly see that slow down pattern ever since the ATH was reached. there was no genuine capitulation yet. Everybody still thinks sub600$ is cheap. i call it BS.
So you think this fall would've happened even if there was no Chinese FUD twice this week (each taking us lower)?
yup. chinese fud is the only explanation you could come up with for this downtrend, because people need to rationalize things. However, i believe the leg down has nothing to do with news. Just weak hands getting impatient because of the lack of upward pressure. News is just an excuse to give up a little bit more: if it wasnt for chinese fud it would have been something else.
333.
Post 5932388 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.29h):
Goat leaves, the price plummets - coincidence?
hell no!
we doomed.
334.
Post 5946600 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
335.
Post 5947266 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
Why is everyone still following Huobi with their goddamn fake volume?
Trader at stamp:
"Oh look, Huobi is going down, I guess I have to click the sell button, fast!!!"
well maybe because people at huobi also rather sell them coins to stamp or wherever price is still a little bit higher - until it followed huobi's price because of that same selling pressure.
its a loop!
336.
Post 5951101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
to me, bitcoin is like a little ladybug: not heavy enough to remain stable. (yet)
337.
Post 5952840 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
lmao, are people becoming mad in this thread? why everybody is fighting/arguing? is despair hitting hard?
338.
Post 5954203 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
339.
Post 5954403 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
His signature says "Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success."
If he changes his mind and buys some he should update that.
lmao thx
340.
Post 5954565 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
so hum, bitcoinwisdom has removed "(USD price)" next to Huobi to prevent more panic/adjusting dumps on other exchanges?
341.
Post 5960267 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.30h):
...
Is the news bogus? There is certainly reason to believe it may not be.
Some reason more significant than repeats of a single article that contained no proof or references?
I did see a link to CCTV posted on TradingView... did not click, figured it was in Chinese anyway... but many people were saying the [practical] ban was being discussed on CCTV.
Maybe I just got trolled.
I´m pretty sure that the ban is real. I just don´t know if and how much further we drop when it is official.
They banned another online payment service a few weeks ago, as far as i know.
No big deal for them to close their bank accounts.It´s similar to the Gox diaster, everybody knew about it but denied it until the last second.
People even sent money to Gox in the last days, when it was more than obvious what was happenin.
The chinese traders will probably trade until the last second and further, when it´s too late to get money out.
wouldnt they just hodl their coins for better days anyway?
342.
Post 6001755 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.31h):
343.
Post 6006166 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.31h):
When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
we are still up more then 4,500,000% over 5 years
please remind me of who is delusional
i think it wont be that fast anymore tho.
edit: and its 3 years since it wasnt on any exchange when still in development stage.
344.
Post 6036326 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
Anyone wants to be let in on a little secret?
Remember a month ago, maybe two? When 400 had everyone salivating? We basically never got *near* that number, except for the 2 flash crashes that pushed that deep simply because of momentum and panic.
What's the situation now? You going to buy at 400, for sure? 400 coins still make you drool?
I don't know how you guys trade, but if I drool over 400 coins, I sure as hell would start placing bids around 440....
...only that's not happening. Or at least not in sufficient strength. Here's a really pretty simple prediction: 400 will feel "normal" soon. Not cheap, but normal. And if the bear market really kicks in, it will start looking expensive, but that part I'm not going to claim with certainty.
Yeah. 300 is the new 400.
mehh and people use to say 400$ was cheap coins.. we'll see..
345.
Post 6042628 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
I think 180-280$ would be a fair price as intrinsic value whilst considering the actual state of Bitcoin's economy. all above would be pure speculation of near term progress - but speculating for progress is a winning strategy anyway
346.
Post 6049589 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
347.
Post 6051240 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
so huobi closing on april 5th???!
fire-coin network will be officially closed on April 5, 2014, at 0 o'clock card.
348.
Post 6051353 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
Guys, nobody would be happier if I am wrong than I would be. It's extremely likely we'll either go sideways for a long time or down. If we go down, $400 support will be tested and may or may not hold. 3600 coins mined per day on top of Chinese arbitragers constantly buying on Huobi, and selling on Stamp. There's simply too much liquidity to soak up without a strategic retreat in price.
It's a great time to buy if you don't mind waiting months or years to see a significant profit, but a rocket ride up past $500 before April 15 is delusional, unless there's possibly a spike that immediately crashes back down. Bitfinex walls keep moving, but the Bitstamp wall is staying solid and immovable at $400.
What makes you think the 3600 coins mined everyday end up on exchanges? I'm sure many of these are from miners who believe in the long term potential of Bitcoin, and won't sell at these low prices.
selling coins at those rate would not be enough to ROI anyway. so yea, freshly minted coins are less likely to hit exchanges when price is down.
349.
Post 6051615 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
yea just saw that today, their partnership with banks across the EU looks promising
350.
Post 6051725 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
quick off topic but i wondered if anyone here could link me an excel spreadsheet with bitcoins and other major alts prices updated automatically (as using API tickers or urls) since i dont know how to do it (I lamentably failed at it when vba got mentioned so i could definitely use some template).
351.
Post 6052021 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
it cant be bullish as we just experienced a new bottom @416 (on stamp). each time we dip it goes lower.. and lower... and each run up is weaker than the previous one. plus it normally "flash" crashes before going up back to where it was before although now it just stays low... smells bad indeed.
352.
Post 6057671 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
awesome!
353.
Post 6057686 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
shit and this one is going to be my wallpaper
354.
Post 6058751 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.32h):
hehehe new wallpaper!
tonite is much fun yeaa!
355.
Post 6101977 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.33h):
shotring tagets for the next couple weeks: $560ish
bring it on bitcoin!
356.
Post 6108742 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
please stop that reversal crap calling each time we see a little upward movement. this behavior contributes to mislead beginners as they hope to find answers in here. truth is, we are not out of the overall downward movement initiated from that last bubble (eg. see pennant)
if ever, the trend should be reversed by the end of may/begining of june as we exit that exhausting pennant. yes, there is still place for a little rebound but we are not out of trouble yet.
stop fooling yourselves with that short term delusional optimism, we've been going down since december.
edit: it take about 6 months to deflate from last bubble then 2 months for stabilisation and 1 month to initiate bullrun = about 9months cycles. the key is being patient. yeayyy
357.
Post 6108961 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
So is the 2nd Chinese ban almost over ? Everything back to normal ?
yea we are slowly going up on low volumes until another news/whale scare the shit outta noobs.
but we wont go beyond 560-600$ until the downard movement ends by june
358.
Post 6111626 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
interesting, at what value people will think the bitcoin story is over and will mass dump everything?
200$? 100$?
Good question. I think 380 is psychologically important and below 200 would probably be a decision point for even hardened hodlers
Depends when they got in. For hardened HODLers who bought in at $800-1200, what's the point? Might as well sit it out and see what happens.
people who were dumb enough to rush in at those prices are noobs and weak hands who didnt research enough when making that decision to invest in BTC. they probably have been shaked so far: they blindly invest during some hype momentum and they are likely to blindly cut the losses during some deep downtrend...
359.
Post 6111821 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
I personally doubt that after fall to 100-200$ bitcoin will rise again.
Just scare to think about all those people who newly bought all those gridseeds, dragons with THs of power, thinking they will get money back.
But now, difficulty is still rising, and value is falling. This hardware will never ever get your money back.
Is htere any other purpose for SHA256 ASICs? Can you hack protected files with it?
Where do people get this retarded idea from that "Bitcoin is dead if it falls below price x".
Oh yeah, I know: from the same jumping-to-conclusions part of the brain that tells them "we never fell below the previous ATH, so it can't happen this time either"...
Because it died when gox failed from 32 to 2 , it died in april from 266 to 50 , it died...wait , it's still alive .. wtf
)))
yea bitcoin isnt going to die anyway. now that its here, it will still find some utility (at least for illegal purposes) if internationally banned. hence the price is not likely to hit 0. or even 50 or 99$ imho
360.
Post 6111980 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
*snip
absolutely will not die, at least for another 2-3 years, but price range can be 10-50 usd, or much less
nahh scarcity + investments in businesses (ie. making it tangible, thus creating demand) is likely to sustain the price uptrend: 1 year ago, there was not even 10% of today's investments levels and popularity. we aint seeing sub 100 again imo. it's like people saying we could fall under 1$ when we reached 260$. desperate for not buying earlier if i may say
361.
Post 6112110 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
*snip
absolutely will not die, at least for another 2-3 years, but price range can be 10-50 usd, or much less
nahh scarcity + investments in businesses (ie. making it tangible, thus creating demand) is likely to sustain the price uptrend: 1 year ago, there was not even 10% of today's investments levels and popularity. we aint seeing sub 100 again imo. it's like people saying we could fall under 1$ when we reached 260$. desperate for not buying earlier if i may say
If bistamp dies, then will be instantaneous death for bitcoin.
hehe i predict that stamp will eventually shut down. as well for any other exchange. its the cycle of life (or greed) in bitcoinworld.
362.
Post 6113850 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
I know this is the wrongest place ever to mention this, but I wish the price would just plummet to the point where all the people who are in this for the money would disappear. Bitcoin is about so much more than it's dollar value. We are building something more important than the internet, and it's like people are obsessing over the price of domain names.
You are being very unrealistic if you are of the belief that getting rid of speculators is helpful to BTC... In the end, the speculators are likely to make or break BTC... Speculators are likely needed in order to drive incentives to build infrastructure and to get other people interested - expanding the user base.
good point. I shouldn't hang around here, I need to become that guy that makes bitcoin practical for the unbanked masses.
unbanked masses dont need transaction tools. they need water & food.
tsss
363.
Post 6113945 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
I know this is the wrongest place ever to mention this, but I wish the price would just plummet to the point where all the people who are in this for the money would disappear. Bitcoin is about so much more than it's dollar value. We are building something more important than the internet, and it's like people are obsessing over the price of domain names.
You are being very unrealistic if you are of the belief that getting rid of speculators is helpful to BTC... In the end, the speculators are likely to make or break BTC... Speculators are likely needed in order to drive incentives to build infrastructure and to get other people interested - expanding the user base.
good point. I shouldn't hang around here, I need to become that guy that makes bitcoin practical for the unbanked masses.
unbanked masses doesnt need financial tools. they need water & food.
tsss
And how are they going to loan money to build the infrastructure needed to get that? See microcredits.
yea right. they cant even loan fiat. you expect them to loan satoshies from greedy wasps that speculated the shit outta bitcoin to make it rise >10k$.
much infrastructures
364.
Post 6114030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
I know this is the wrongest place ever to mention this, but I wish the price would just plummet to the point where all the people who are in this for the money would disappear. Bitcoin is about so much more than it's dollar value. We are building something more important than the internet, and it's like people are obsessing over the price of domain names.
You are being very unrealistic if you are of the belief that getting rid of speculators is helpful to BTC... In the end, the speculators are likely to make or break BTC... Speculators are likely needed in order to drive incentives to build infrastructure and to get other people interested - expanding the user base.
good point. I shouldn't hang around here, I need to become that guy that makes bitcoin practical for the unbanked masses.
unbanked masses dont need transaction tools. they need water & food.
tsss
so you're saying people with bank accounts don't need food or water?
no im saying that the unbanked masses main concern is access to food and water. people with bank accounts litterally take dumps in drinkable water. so just stop pretending that bitcoin will change those unbanked masses lives. What should change is the centralisation of the world's resources.
365.
Post 6114202 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
no im saying that the unbanked masses main concern is access to food and water. people with bank accounts litterally take dumps in drinkable water. so just stop pretending that bitcoin will change those unbanked masses lives. What should change is the centralisation of the world's resources.
It is an incredibly narrow (and supremely arrogant) point of view to consider anyone who is not "taking dumps in drinkable water" to be so poor they must be starving, sub-Saharan Africa style.
There are upwards of 2 billion people that could immensely benefit from BTC going mainstream, and, no, they are neither starving nor US/Euro level rich.
i was more thinking of india slumb style since i've been there recently and felt quite ashamed. and sure about 2billion "medium poor people" could benefit from bitcoin.. but only after the first billion that we are make profit.. on their back... sadly as always. thats all im sayin.
366.
Post 6114527 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
Well, I'd suggest to get this idea out of your head that BTC being a profitable investment and BTC being a tool for the greater good are mutually exclusive.
We (the (relatively) early investors) are the liquidity providers BTC needs to make it work as a tool. We take a big risk, we are being "rewarded". Unless you subscribe to the Bitcoin = Ponzi hypothesis, which I really hope you don't, there is no contradiction between investing to see BTC succeed *and* see a decent ROI.
hmm yea well i guess im just being a little bit depressed regarding the actual state of the world and its resources repartition.
but long live bitcoin
That's not how it works. The retched poor will only adopt bitcoin if we provide services for them at a lower cost than the people currently exploiting them. We can only make billions in profits off their backs by lightening the load. It has to be voluntary unlike many of the services they currently use. The first county to mandate bitcoin use or make it legal tender will see me liquidating my stash.
hmm okay
but i dont trust the people that are actually leading bitcoin's economy (ie. TBF)
367.
Post 6117373 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
BITSTAMP IS DOWN.
SELL SELL SELL YOU IDIOTS!11!!
No. But I am sure some actually will.
EDIT
Up again. Never mind. You sodl for shit.
lmao
i can definitely see the pattern here
368.
Post 6125868 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
oh boi.. da fuck bitstamp?
369.
Post 6126869 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
Just drew it and it hit the tops all the way to mar 5 nothing broke out.
same here
370.
Post 6128198 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
The Bitcoin Foundation says this could lead to unrealistic reporting. Rep. Steve Stockman said that he is introducing this bill “to build awareness and create a consensus in the Bitcoin community around government regulation of virtual currencies… I don’t think anyone really has a flavor of what they want and I want to start the Bitcoin conversations.”http://www.forbes.com/sites/perianneboring/2014/04/08/breaking-rep-stockman-to-introduce-first-bitcoin-bill/ APOLOGIES IF PAYWALLED HAVE MY FREE VIEWS STILL FOR DA WEEK >> sorry for caps
lmao so now what? we should directly pay our taxes in bitcoin? so that the IRS -> tresor -> FED -> The Bank directly amasses bitcoins and squeeze wealth out of our poor hands which they first filled with paper??
they're loosing control and start desparate moves imho
my advice, pay them with their own paper. not bitcoins. nor gold. ^^
371.
Post 6133435 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
the more time passes at this stable price, the more likely it will go up from there, and not that it couldn't also collapse a little bit more afterwards
372.
Post 6141618 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.34h):
you gotta be kidding me, french major retailer annouced to accept bitcoin within this year... im turning fucking bullish!
->
http://www.coindesk.com/french-retail-chain-monoprix-accept-bitcoin-payments-year/CHOOOCHOOO MOFOOOOSSSSS
edit: yeayyy im going to buy my groceries with bitcoins!
373.
Post 6152276 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
374.
Post 6152576 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
bear trolls are suspiciously quiet, bought back?
you wish
375.
Post 6154258 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
trollz for lulz
376.
Post 6157042 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
bitcoin's newtork computing power: almost 600 exaFLOPS!
yeayyyy
377.
Post 6158261 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
actually, bitcoin is not dropping...
...its the dollar that is rising!!
378.
Post 6159307 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
So what happened to the 400 wall last night? Pulled or eaten?
devoured
379.
Post 6161971 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
Who still remembers 2010?
..Bitcoin price crashed intraday from $0.444 to as low as $0.383 before recovering to $0.40.
6 months later:
Price rose from $7 to $32 in a week.
Just add 3 zeros and relax.
lmao thats a good one
380.
Post 6162190 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
Bitstamp´s small orderbook will be wrecked in the next hours. I can´t see us going down slowly anymore.
After 380$ is done the floodgates will be opened and we will probably see some real huge red candles.
I think we might get near the real bottom in the next 2-3 days, wherever that is.
70-80$ eventually will hold!
down we go!
381.
Post 6162234 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
I think we see back over 400 by tonight, really everyone was fearing when the big China day came (and now its here) it would be the end of BTC for a while anyways.....and were only down 50 bux??? all day now......I guess make what ya want of it.... Ill just be glad when the China fears are flushed out so we can begin to move forward and focus on all the positives as of late for Crypto again
You think this was it? Watch out, as you might be proven very wrong. Nothing is certain at this stage.
Last cries of desperate permabulls, noone in their right mind should be listening to them at this point, they've been calling cheap coins since 1K.
$1k will be cheap coins 5 years from now
382.
Post 6162395 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
Guys really now, do you really think that all those investors which put millions of dollars into the infrastructure, hired developers and sponsored start ups will let bitcoin die and go to 0 just because China banned it ?
it's precisely them who are pulling the price down. need to stack more cheap cash
383.
Post 6163876 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
This seems to be odd on btc-e. One buy, on sell, in a row. This was like one minute. From 22:38:00. I think about 100 trades? Bots?
lulz
bots are warming up for dat crazy weekend
384.
Post 6164447 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
lmao such despair in this thread.
but much courage too
385.
Post 6164558 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
I don't have idea when to start seriously buying.
I don't have idea when to start seriously selling
386.
Post 6164856 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
WHO THE HELL IS STILL SELLING??!!!!
387.
Post 6165061 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
hahaha no way no wayyy
388.
Post 6165247 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
sharks are out for blood. and monayyy
389.
Post 6165418 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.35h):
bought in at 350, sold all at 950 & just bought back at 350.
done. good night mofos.
390.
Post 6169865 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
we are burish
391.
Post 6169913 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.
please stop always reffering to china. this final leg down/capitulation/despair was predicable since november's ATH and the china argument is just some pretext to do so.
Its all about deflating from previous bubble and setting the ground for some more madness.
392.
Post 6170072 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.
please stop always reffering to china. this final leg down/capitulation/despair was predicable since november's ATH and the china argument is just some pretext to do so.
Its all about deflating from previous bubble and setting the ground for some more madness.
No.
Yes.
393.
Post 6170399 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
dont think we've seen despair yet. not enough whining in here.
394.
Post 6173864 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
they removed the one I thought to be less polarizing lol
some PR employee had a rough night
395.
Post 6174431 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
on the shadow of the latest PBOC released statement about not banning Bitcoin, There is someone who claims that he have some friends who are in the industry and work with a couple major Chinese Conglomerates, he stated They have all said (his friends) that the Chinese Government employees are loading up on BTC behind the scenes, and working on regulation, meanwhile others are dumping....
sooo obvious
396.
Post 6174560 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
i fear this might be a bull trap.
397.
Post 6175284 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
Bull trap!
398.
Post 6177421 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
eheh someone is in a good mood in here. despite the crash luv is in the air and thats a good sign for recovery, and then rallyyyy
399.
Post 6177840 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
so basically, this whole NeoBee story is about some scammy entrepreuneur that presented himself as some cyprus savior, raised shitload of btc and went off radar?
so much scams in bitcoinland, cant bother to follow them all.
400.
Post 6192376 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.36h):
Thanks for the link!
It seems inevitable that the Chinese exchanges will shrink considerably after April/18. (Just compare BTC-China before and after the December decree.) Who knows whether their "overseas" reincarnations will succeed.
I am still puzzled by the price movements since Mar/26.
It seems that the only permanent effect of all the developments so far was the drop by ~550 CNY on Mar/27, after the Caixin leak. That drop makes sense.
But when the report was confirmed on Apr/03 by BTC38 and FXBTC, and re-confirmed by Huobi on Apr/10, there were additional large but temporary price drops. These I do not understand:
* if these drops were dumping by traders who had doubted the Caixin report, why would the price recover in the next couple of days?
* if all the traders had believed the Caixin report when it came out, why would them dump when it was confirmed?
I was reading the stuff on page 3. all of a sudden it's a 404!
http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/3/EDIT: they pulled the whole article! hmm
EDIT 2: still there in German
http://bitcoinblog.de/2014/04/12/es-ist-kein-spiel-der-uberlebenden-sondern-der-verlierer/wait what shmuck i would have liked to read that article (dont read german)
@Jorgestolfi yup thats right i like your questioning. now we are getting to that big picture where news are just a smoke screen to hide daddy's real game: making money.
401.
Post 6202294 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.37h):
Le pump incoming?
Fearing le dump fonz?
402.
Post 6250809 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
ok so we've just touched the upper resistance @550 today and didnt break it, so down we go.. the only question is what will drive the price further down... i wouldnt be surprised if we have some new leak from the PBOC in the coming weeks ^^
403.
Post 6251598 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
Do all you guys shouting your TA around realise that in this instance the TA had nothing to do with it? We only bounced from your resistance levels due to the 'news', who knows what it would have done otherwise
its more about the actual price than the news. news are an attempt to rationalize what seems irrational but remains intrinsically rational nonetheless..
404.
Post 6251791 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
Do all you guys shouting your TA around realise that in this instance the TA had nothing to do with it? We only bounced from your resistance levels due to the 'news', who knows what it would have done otherwise
its more about the actual price than the news. news are an attempt to rationalize what seems irrational but remains intrinsically rational nonetheless..
Well, if i would to expand my opinion, i'd argue that its the price of an asset that directly impact its future price. the news are just picked up at some time to justify some price movement whilst it really isnt the main cause for it. Most traders in wall street back then didnt even care about financial statements or the company's strategy of the assets they were playing with, they just looked at the tape. In other words, we've seen bitcoin price could go beyond what was expected not even a year ago. It just need to deflate before jumping up again. Back in december when i called a drop back to 300ish everyone was just insulting me for having such a wrong idea and being a bear troll who missed the train and blabla.
Well, i bough in at 350, sold at 950 and just bought back at 350, i dont intend to trade on the medium scale of a bubble as i find it too stressful (and have a life besides bitcoin). but thats just the way bubble goes, inflate then step back to previous high before surging up again to new ATH. its just the price of ATH that sets up the deflationarry part of such bubble. but the good thing is by the time we get to new ATH, 1000-1200$ will be rock bottom as $260-330 would be for now and as 30-50$ was before etc etc
edit: so to explain my previous claim that you had trouble understanding, news are here to make you comply with the deflationary downtrend, as a drop would otherwise look irrational to you who just witnessed the surge to 1200$, but it's just very rational since we lack energy, money, infrastructure, people, or whatever to sustain the price (this technology) at such levels.
405.
Post 6252374 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
see thats exactly what im talking about, you're desperate about finding correlation between exterior events and bitcoin's price. search more and you'll definitely find something that suits your concerns.
406.
Post 6257865 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
oh boy.. seems like now is the time for Chinese people to buy a lot of bitcoins!
->
http://www.zerohedge.com/news/2014-04-16/richest-man-asia-selling-everything-chinac'mon get your money out of china!
407.
Post 6258735 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.38h):
Today's a Special Day.
~>
https://bitcointalk.org/index.php?topic=178336.0"
Wall Observer BTC/USD - Bitcoin price movement tracking & discussionApril 16, 2013, 10:32:22 PM
Wall ObserverA free service brought to you by the bitcoin community"
Happy 1-Year anniversary, Oh Great Thread of my eternal amusement thru the endless cycles of watching charts move.
I feel so excruciatingly dumb, so embarrassingly inept. I mean this is ultra-basic internet/computer use 101. You DON'T save a giant email or forum post content w/ tons of data, merely in clipboard. You keep saving it to HDD in notepad or w/e, every 5min. But I just did, & then forum had logged me out, & when I came to log back in I forgot I only had this WHOLE post text only in clipboard, hadn't hit preview, hadn't saved a draft..so I had better not CTRL+C some other sht, but indeed I did, then immediately realized it & wanted to break the keyboard on my witless head =/
Now it's all gone. Lol o.o Hours wasted. Not that anybody shld giv a fk 'cept for me, just thought I'd share ;9 yayy happy bday oh delightful adam's thread ^^
408.
Post 6276498 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.39h):
Second: I do NOT know what you mean by Exemplary lesson.
Oh! Wel, well, well...
It is decided, then.
In order to avoid collateral damage to innocent readers, I will deliver the Exemplary Lesson to @JayJuanGee by private message. If he never shows up again in this forum, you will all know why. If he survives (and I sincerely hope that he will), perhaps he will recover enough to tell you all how bad it was. In either case, all the other sinners out there will have a chance to repent.
oh plz, come on, cut the crap dude.
409.
Post 6354337 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.39h):
410.
Post 6370935 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.40h):
This day in Bitcoin price history:
April 24th, 2011 : 1BTC = $1.7
April 24th, 2012 : 1BTC = $5.10 (+300% from 2011)
April 24th, 2013 : 1BTC = $154.20 (+3024% from 2012, +9070% from 2011)
April 24th, 2014 : 1BTC = $485.00 (+314% from 2013, +9510% from 2012, +28529% from 2011)
Hey there hodler, that's a mighty big percentage you got there.
feels like the train has been long gone.
411.
Post 6426936 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
Maybe I should remove my 425 bids
Should I?
Why did you have them there if you weren't hoping for the price to go there?
Hahaha he only wants to buy flash crashes it seems.
lmao killer meme
412.
Post 6430567 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
Is there any news?
No. please read previous post. My intent wasn't to troll, dead honest
... another "China Ban!!! ZOMG!!!" FUD post is not a troll?
china is immaterial, the weak hands were looking for an excuse to panic sell and get cleaned out right before we break this wedge and head on up ... they find it every time, first it was china, then it was Gox, then it was china, again and again and again.
wall st. is taking you guys to the cleaners, idiots.
yeah. damn idiots.
413.
Post 6437724 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
how about a bet calling a drop back to 350$ in less than 30 days?
414.
Post 6475898 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
pure example of why control and centralisation is useless and can be avoided with minimum harm:
http://www.tuxboard.com/photos/2014/04/pas-besoin-de-rond-point.gif
415.
Post 6476183 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
wtf is this for real somewhere?
yeah i guess so, probably in india or somewhere like that with no road signals
416.
Post 6476368 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
Blind luck? You can't really call a roundabout centralisation.
Not the best example of subsidiarity since I'm guessing quite a few people have ended up in hospital on that road. Just not in the ~20 frames of that gif.
hmm i dont know, i mean, sure there must have been people ending up in hospital, but i dont think it outnumbered the people ending up in hospital in countries with road signals..
The point being adaptation. but yeah, im no expert, just trying to provide you folks with some cool illustrations
417.
Post 6477646 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
http://www.spiegel.de/international/spiegel/controlled-chaos-european-cities-do-away-with-traffic-signs-a-448747.htmlEveryone who bashed this GIF with no second thought or research proved they are completely clueless in life.
Removing all traffic laws and signs (except a few like 50 km/h speed limit in towns) made traffic more fluent, safer and faster on average.
The Autobahns have significantly fewer accidents NORMALIZED for traffic volume than many other highways.
This movement will most likely become more widespread.
It goes with the Clarkson quote with spikes in the steering wheel and a few other ideas from behavioural economics:
1. People ignore >70% of traffic signs, and much more in the US where the sign spam is completely out of control.
2. People read recommendations as mandatory
a. Lacking speed limits, most people drive at their comfort speed. Speed LIMITS are by definition above the comfort zone of most people; otherwise they are inefficiently low. With speed limits, people drive at speed limits or above (usually) even if that is no longer comfortable for them (i.e. how tired they are).
b. When banks recommend a MAXIMUM of ~34% monthly income to go to house mortgage, the vast majority of people take that as default and end up over-extending.
In short, if you take the signs away, people drive more carefully and organically, minding their surroundings. This is completely foreign to US drivers due to feelings of entitlement and "being in the right" no matter what the local traffic conditions are. That's also one of the main causes for how many accidents there are on the US highways (mostly, in merging and lane changing).
In my home city, in my mostly lawless-driving EU country, people routinely drive at 100+ km/h during the night in cities, even if the speed limit is the classic 50. Almost all accidents happen when drivers were DUI, racing or irresponsible local-mafia brats.
Y'all really need to get your head out of the "we need to control you or you would kill eachother" arsehole. I though "antifragile" was trending?
yeay thx bud, thats the spirit
418.
Post 6481542 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.41h):
i gotta say im still quite convinced about that :
Decentralized autonomous traffic can be much more efficient than traffic lights.
you guys that seem not to agree didnt come up with as much material to support your point of view.
419.
Post 6532846 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.42h):
off topic.. but still, happy star wars day! i know there must be fans in here
may the force be with us and, most of all, with Bitcoin! ^^
420.
Post 6544765 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.42h):
Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now. His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.
Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?
No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo. Its soon Monday in China already. I think in the next 72 hours there is going to be a big one.
The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.
6 months isnt indefinitely..
421.
Post 6591153 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.43h):
Great news indeed, according to WSJ China government is finally enforcing the regulations.
Chinese people holding BTC in one of the exchanges after 10-05 are basically fucked, as is also suggested by some people on the Chinese sub-forum of this board.
Funny that, this was on BTCChinas facebook page from 15 mins ago
Dear Customers,
Contrary to some recent media reports, deposits to BTC China are still available via two methods: BTCC Voucher and Cash Deposits. Our Exchange is operating normally and all customer funds are secure.
We recently removed the Bank of China's bank transfer deposit method at the bank's request. We plan to provide our customers with more deposit options soon. Please stay tuned.
BTC China Team
May 7, 2014
BTC China are a bunch of lying snakes. Remember the "Bank accounts are closing??? We have heard no such news!" responses?
imo they're just doing this to stash max btc for themselves before the next take off..
422.
Post 6641970 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.43h):
i dont have bitcoins anymore.
423.
Post 6655804 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
I am only wondering, why all the bitcoin-media is not covering the shady history of this Brock Pierce guy?
Good question. Who supports that media, e.g. Coindesk? Not small investors, I would think... Perhaps some people with large MtGOX balances?
wasnt he the guy that leaked Mtgox's "rescue" plan just before it went down?
oh and didnt he also threatened TBF in an open letter, talking about revealing to the world extra sensitive documents before eventually backing down?
edit: ah nope, my mistake, that was some dude called "two-bit idiot", at least for the latter.
424.
Post 6668748 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
So are we going to final bottom around $370 next week or not?
Don't bet on that. This could be the last chance to buy < $450.
So this time it is the last last last last chance
Could be.
heheh sidemoney is getting nervous because of not seeing that "last drop"...
global panic buy soon? to teh moon?
425.
Post 6669621 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
So are we going to final bottom around $370 next week or not?
Don't bet on that. This could be the last chance to buy < $450.
So this time it is the last last last last chance
Could be.
I think there will be plenty of chances to buy < $450 until July.
yea, well what about <400$ ? i'm not sure sure
426.
Post 6670599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
I wish I could have a diversified portfolio of religions to make absolutely sure I wasn't going to hell.
or you could just buy a ticket for heaven.. with bitcoin only! ^^
427.
Post 6673740 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
is it me, or there is much more sold BTC then bought in last few days?
yea hidden funds are loading up "cheep" shares..
428.
Post 6673941 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
you guys should just relax and enjoy the ride. whether up or down.
429.
Post 6675923 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Just had thought, thought I would share it with you guys for a chuckle...
Why doesn't Putin tell Visa + Mastercard to p*** off and just use bitcoin???
I wonder if someone has suggested it to him
not going to happen: bitcoin belongs to NSA.
430.
Post 6689462 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
so this is the weekly 15mins of trashing rp?
im in: rp you sux.
now give me some bitcoins!
431.
Post 6690386 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Kraken will be a Ripple gateway, Itbit will be a Ripple Gateway, Ripple is the future !!
isnt it already?! just saw XRP on it
432.
Post 6694599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
ah! finally!
433.
Post 6695947 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
RIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLER IPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERI PPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIP PLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPP LERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPL ERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLE RIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLER IPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLE
Are you actually a real ripple believer a bit unused to basic seduction techniques or just someone acting as a contrarian-troll to make people hate ripple?
I seriously wonder.
he just dont care. just enjoying trolling before that final "told you so"
434.
Post 6696155 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
RIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLER IPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERI PPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIP PLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPP LERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPL ERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLE RIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLER IPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLERIPPLE
Are you actually a real ripple believer a bit unused to basic seduction techniques or just someone acting as a contrarian-troll to make people hate ripple?
I seriously wonder.
he just dont care. just enjoying trolling before that final "told you so"
OMG, call Batman, I think he might be the RIPPLER!
I must confess i now have a little stake at ripple.. just in case!
435.
Post 6697454 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
urgh
436.
Post 6697592 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Imagine that btc-e become a gateway too. Then you could immediatly transfer some USD from bitstamp to btce to do some arbitrage. You could also send your bitcoin in instant (instead of waiting +/- 45min) to btce, trade it then withdraw it.
wait does it mean that we can we actually already make such arbitrage between stamp and kraken?
437.
Post 6697881 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Imagine that btc-e become a gateway too. Then you could immediatly transfer some USD from bitstamp to btce to do some arbitrage. You could also send your bitcoin in instant (instead of waiting +/- 45min) to btce, trade it then withdraw it.
wait does it mean that we can we actually already make such arbitrage between stamp and kraken?
Nop cause Kraken is not a gateway YET. But it will probably become one soon. (it already trades XRP, its bank is Fidor, they said I don't remember where they're aiming to become a gateway).
They said it in January this year, without giving any target date. It is somewhere on their webpage, in FAQ I think.
ahem maybe i just dont get it totally yet but still, you can apparently buy/sell XRP for USD and/or BTC on kraken
438.
Post 6698460 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
439.
Post 6698515 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Actually this is not that new but I'm glad Coindesk is starting to report news about Ripple =) Mentality are evolving.
yea because there aint lots of good bitcoin news lately anyway too. the well is running dry, competition is unfolding their game ^^
edit: what happened to mastercoin or ethereum?
440.
Post 6698974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
The one advantage Ripple does have is billions of XRP reserve.
They can afford to launder a lot of money and bribe a lot of public officials. I keep hearing that Ripple isn't XRP, yet every news story is about XRP.
this might very well be the reason for its success and adoption imo.
and probably the reason they kept such large amount of premined coins from the begining. remember that main ripple investors are far from being business noobs. plus, what's few hundreds billions in comparaison with the worldwide monetary base trillions? 21M isnt so easily scalable in comparaison if you think about it. but im also confident bitcoin will stay as a store of value such as gold and just as there isnt as much of it as fiat..
ripple/XRP whatever, its not like if everybody also makes the difference between bitcoin and Bitcoin. Its still very immature, the aim being at partnerships and spreading smoothly.
441.
Post 6706870 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
a $30mm investment round by the looks of it?
think it through, people. sheesh.
Nice, but I would just have bought 75k more btc at this point.. (Hopefully Bitpay do)
Do bitpay quote any figures in regards to how much BTC they keep?
of course not. they're banksters remember?
442.
Post 6729719 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
Fuck yes. About time we got some good news.
hurrayyyy
443.
Post 6731855 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
I own more BTC than 99.9% of the world population combined. Of course I am feeling lucky!
Well,
I am still doubling my BTC holdings every day since December. Beat that!
yea 0x2 still makes 0.. ^^
444.
Post 6743244 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
seems we're still right on track tho.
cant wait for june and some action! (and sun and beaches, and bitches
)
445.
Post 6754649 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.44h):
446.
Post 6766692 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
447.
Post 6818185 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
Why should volatlity decrease?
because maybe it's the FED itself who is manipulating the price in a flat narrow band?
Alternatively, it must be someone else. Any guess on who/why?
NSA! NSA! NSA!
448.
Post 6821624 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
449.
Post 6821757 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
What's up with the hate on this guy?? he seems to be one of them brighter guys
Nothing that happens in the foundation can make me sell BTC, even if they hire an army of pedophiles. The whole thing is a joke (just like the EU parliament).
here's one more:
The Bitcoin Foundation is testing newly installed equipment
->
https://bitcointalk.org/index.php?topic=615789.msg6812874#msg6812874
450.
Post 6822419 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
451.
Post 6841246 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.45h):
waaaaaa
The service allows consumers to pay in bitcoin from any mobile device with SMS functionality via a ‘gateway’ in the user’s country of origin.
Anyone wanting a 37Coins wallet can set one up at the company’s website, but, for people lacking web access and/or smartphone, a hosted wallet is automatically created once a small amount of bitcoin is sent to their cellphone number.
The service acts virally and once, say, Alice has bitcoin in her new wallet, she can send funds on to Bob – thus creating a wallet for him, and so on.
The reason 37Coins sees SMS as the best way to reach the most people, is that almost everyone now has access to a cellphone. According to the International Telecommunications Union, cellphone penetration will reach 95.5% globally by the end of 2014 – far higher than the roughly 40% of people using the Internet globally.
...
->
http://www.coindesk.com/37coins-plans-worldwide-bitcoin-access-sms-based-wallet/
452.
Post 6872983 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
In other news, Ripple is taking a thorough spanking and Darkcoin is going stellar (again).
Anyone know what's happening there?
Jed Mcalebd unleashing hell on ripple (selling 9Bn XRP)
https://xrptalk.org/topic/2629-selling-my-xrp/darkcoin: regular pump before it eventually fades into the abyssal alts graveyard.
453.
Post 6890692 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
I think is Knights of the Old Republic, really good video game if you ask me
Ah.. OK! I knew it rang a bell.. that Star Wars MMOG one, right? gotit
its all about darth raven
used to love pimping my lightsaber
454.
Post 6894609 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
Still no ideas of where this rally is coming from (China, West, ...), nor why?
It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.
Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?
For an educated man, you say some retarded things. I said to you yesterday get used to scratching your head, many before you have tried and failed to do the sort of analysis your doing. It just doesn't work like that, I dont see why you just ignore the people who know this market infinately better than you. Im not saying all the perma bulls but there are people around here that you have conversed with who aren't perma bulls and have attempting to explain many things to you. Instead of heeding their advice and points you just produce this waffle.
+1 this dude is just drawing conclusion based on news and external events. such analysis, much credit. just wow. but it aint funny anymore. just pathetic. ignored.
455.
Post 6895416 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
yeay +1 to fonz, that huobibuilder.com would be legen-waitforit-DARYYYYY..
456.
Post 6898202 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
mehh. welcome bigbrother!
457.
Post 6898631 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
helloooo phat wall!
458.
Post 6898694 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
helloooo phat wall!
huh what where?
stamp, gone now. its a phat(om) wall. stealth approach enabled
459.
Post 6902734 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
i confirm i had the same kinda intrusion and felt quite raped by such questions. fuck fiat. im full BTC and outta stamp.
460.
Post 6916063 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.46h):
461.
Post 6950163 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.47h):
Seems the market still wants to go up so I'm thinking we'll see $620 at some point tomorrow.
not the market.. willy 2
462.
Post 6953002 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.47h):
willy bot is just the tip of the iceberg.
463.
Post 6959384 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.47h):
464.
Post 6990506 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.48h):
Huge Ripple pump, the train is leaving soon.
Glad i didnt get caught in the beartrap & fud
This train might encounter some trouble soon (aka the 9 billions dump next week from Jed).
like if jed is going to sell it all on the market. that'd be dumb, he'd loose a lot. better selling it in chunks to private investors avoiding public marketplaces
465.
Post 7005191 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.48h):
1w EMA crossed back
466.
Post 7072649 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.49h):
467.
Post 7074419 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.49h):
from coindesk:
Walmart selling bitcoin miners
walmartlogoPerhaps trying to stay true to its slogan allowing people to ‘save money, live better’, Walmart is now selling bitcoin miners. In what appears to be a partnership with TigerDirect, the mega-retailer’s customers can now shop online for a little piece of the bitcoin network to call their own.
Currently in stock is the Butterfly Labs Jalapeno. “Get effective bitcoining with the Butterfly Labs Bitcoin Miner,” the item description states. The Jalapeno model, which was released last summer, is 10GH/s and sells for $299 plus $5.70 shipping.
That’s actually $50 more than what Butterfly Labs charges for the same model on its website.
10GH/s of SHA-256 mining power isn’t what it used to be anyway. In fact, someone buying one of these units will probably never make that purchase price back in subsequent rewards.
http://www.coindesk.com/mining-roundup-walmart-bfgminer-altcoins-cloud/AMAZING
edit: got to admit BFL got Bawlz
468.
Post 7077632 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.49h):
omg i missed this soo much
we should do this ever sunday
I LOVE YOU GUYS
who need a beer?
post your BTC address
Adams BEER TIME! yeayyy
1BUCKpsdbnfZD5GFnZuPGK8RXY3f5uf2K
469.
Post 7078765 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.49h):
Adam is legend, my favorite Bitcoiner. Always in good mood, wherever price is
+1
+1 adam's the man! sipping the beer right now to you sir thx for the tip!
470.
Post 7152066 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
today we had 3 major events
macd 1w crossing
ebay interview
ecb negative rates
and btc price still goes down ? i expected 700+ easy for today.
what else do we need...
The MACD did not cross
april's bubble:
471.
Post 7152143 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
today we had 3 major events
macd 1w crossing
ebay interview
ecb negative rates
and btc price still goes down ? i expected 700+ easy for today.
what else do we need...
The MACD did not cross
april's bubble:
Okay?
MACD didnt exactly cross for about 3 months after the previous downtrend break.
472.
Post 7158092 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
473.
Post 7183299 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
We will test $800 by Wednesday. when the manipulators decide. Ebay news is too huge to ignore for a week means nothing to them.
+1
474.
Post 7184287 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
*snip
I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc.
*snap
so far so good.
mehhhehehe
475.
Post 7185342 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
running outta steam. bitcoin prediction price back in the $400s by the end of the month
http://www.btcpredictions.com/?submit=sell sell sell
476.
Post 7200042 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
The last Sunday and Monday (June 1--2) were an important holiday in China, the Dragon Boat festival, when traditional "dragon boat" rowing races are held
http://en.wikipedia.org/wiki/Duanwu_FestivalThat seems to explain the anomalous trading volume pattern on Huobi and other Chinese sites, with strong trading up to 3-4 am in the night from Sunday to Monday.
arf. your ability to link events to bitcoin trading volumes amazes me. seems so natural. you chineezz-portugueezz?! ^^
477.
Post 7204708 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
sooo.. weekly close price poll failed.
478.
Post 7206003 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
cex.io now has 40% of the network.... pretty impressive, a ways away from the 51% but? lol
yea lol :
https://bitcointalk.org/index.php?topic=643984.0
479.
Post 7216948 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
How are you feeling on the ghash.io situation?
I'm sure that they will take the necessary precautions so they don't hit 51%, but still... What do you think?
i think there is about 19% of unknown hashing power.. so even at 40%, im no trusting ghash.io
luckily enough, ASICminer will soon flood the market with their chips (already 60PH have been produced). hence shuffling the mining game a bit.
480.
Post 7219610 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.51h):
The Chinese graphs always make me laugh
btw. I see Bitfinex leading with the price now.
wait what?! its all as flat as a pancake..
481.
Post 7289402 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.52h):
No, this is worrisome. They should have taken action by now to drop below 48% to reassure the markets.
If they keep growing some miners might decide to sell a large % of their hoarded stash, just to hedge against future large drops.
they've likely had >51% for some time now, probably just decided to come clean
lmao. im still using ghash.io
gogo 52%!
482.
Post 7493868 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.54h):
I dont know why people thinks SR's coin auction has/will impact bitcoin's price.
As far as i am concerned, the price right now is just doing what it is supposed to do.
483.
Post 7510581 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.55h):
magicaltux is back on business twitting again.
guess thats why bitcoin price tanked lately
https://twitter.com/MagicalTux
484.
Post 7744605 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
It sounds like he's stating a fact. Such as water is wet.
fire burns
485.
Post 7745299 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
pop dat bubble
http://www.zerohedge.com/news/2014-07-08/fed-going-attempt-controlled-collapseThe risk of normalising too late and too gradually should not be underestimated… The trade-off is now between the risk of bringing forward the downward leg of the cycle and that of suffering a bigger bust later on .
Few are ready to curb financial booms that make everyone feel illusively richer. Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms,” …
“The road ahead may be a long one. All the more reason, then, to start the journey sooner rather than later.”
486.
Post 7745490 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
pop dat bubble
http://www.zerohedge.com/news/2014-07-08/fed-going-attempt-controlled-collapseThe risk of normalising too late and too gradually should not be underestimated… The trade-off is now between the risk of bringing forward the downward leg of the cycle and that of suffering a bigger bust later on .
Few are ready to curb financial booms that make everyone feel illusively richer. Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms,” …
“The road ahead may be a long one. All the more reason, then, to start the journey sooner rather than later.”
In recent years has there ever been a Zerohedge article's prediction that came true? The formula seems to be picking up on a comment made by an official, creating a disastrous scenario out of it and then it's topped off by an avalanche of comments that are the same regardless of the subject matter.
If everything on there came true we'd already be back in the trees munching our own faeces.
albeit FED wont have the balls to do it anyho but still, it's funny to observe officials being totally lost.
487.
Post 7755173 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
that'd be my winning lottery ticket:
1/ greece
2/ portugal
3/ italy
4/ spain
5/ france
and the extra bonus: UK out of EU
488.
Post 7784322 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
Forbes told that bitcoin price will explode
source?
489.
Post 7813016 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
490.
Post 7813165 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
491.
Post 7813379 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
Blythe Masters husband to quit JPMorgan and launch Bitcoin Fund?!
http://www.newsweek.com/ex-jp-morgan-trader-joins-bitcoin-bulls-launching-hedge-funds-258494Despite all the advances in technology we’ve seen over the last couple decades, we basically have had no change to the way we bank or do transactions. It’s the same thing, only they’ve put it online. If I want to wire money from London to Beijing, I still get charged an outrageous amount of money for it, and it takes days. Meanwhile, where the f*** is my money?
492.
Post 7813498 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.58h):
493.
Post 7848815 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
the relative stability we're in is just dragging on... i hope all this "july 24th" business actually bears fruit.
What about july 24th?
Lift-off apparently
can't wait!
ill bring the beer.
494.
Post 7896025 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
you want to know how they will regulate Bitcoin in NY state ?
http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyzEntities are considered dealing in virtual currencies if:They transfer Bitcoins on behalf of one person. This includes Bitcoin tipping (/u/changetip), mixers, Blockchain.info Send Shared, CoinJoin, Dark Wallet (200.2n1)
They hold or have control over Bitcoins for their users. This includes Mining pools, Coinbase, Circle, Greenaddress.it, all exchanges. (200.2n2)
They buy or sell Bitcoins as a business activity. This includes Local Bitcoins sellers, #bitcoin-otc. FinCEN statements includes selling physical coinage (including casascius coins) also regulated. (200.2n3)
They create a virtual currency, even if it is decentralized. This includes creating altcoins. In fact, Satoshi would have commited a crime creating Bitcoin without registration. (200.2n5)They trade any virtual currency, even for another virtual currency. This includes alt coin exchanges. Mintpal, Cryptsy, BTER, etc (200.2n4)
.. to any resident in New York. Web services, even those incorporated overseas, must either comply or block access for NY users. (200.2n)
Entities 'dealing in virtual currency' must:Perform AML and collect identities, including verification of government issued Photo ID and proof of address, and retain these information for 10 years. (200.15a)
Retain all transaction logs for 10 years, including real name & physical addresses of ALL parties of a transaction - yes, including whoever you are sending to. (200.12a1)
Report all transactions over the USD value of $3000, and file Suspicious Activity Reports. (200.15g4)
Maintain collateral in the form of USD, including collateral for Bitcoin balances. The % as collateral is unspecified.
Retained earnings and profits of in invested in US dollars. They may not keep any profit in Bitcoin. (200.8b)
Forfeit Bitcoins that are inactive for over 5 years to the State of New York - (200.12c)
Not obfuscate any transactions - Bitcoin mixing would be illegal. (200.15f)
Interesting: now these people who creates altcoin would be committing a crime, even satoshi committed a crime following this logic.
its outrageous such inability to face novelty. its not about implementing old mechanisms to somethign new. its about creating a totally different, new frame.
keep trying fools. this will end up as bad as P2P file sharing for the record/movie industry
495.
Post 7915030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
this is exactly why we aint going anywhere for a "long" time. market awareness has been raised and it will take much more than some top company in to bring bitcoin up to $2, 3, 4, 10k. imho, some good ol' economical crisis would be a fit tho.
496.
Post 7915737 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
wasnt it russian oligarchs that moved from cyprus? cuz i doubt there is money *still hiding in portugal..
497.
Post 7920758 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
So pretty much the best news we will get for now and still nothing.
What exactly will it take according to you guys who keep repeating daily we're about to go to the moon for the last 6 weeks?
I don't think news is gonna do it. All the western exchanges are following China like white on rice. So until China makes a decisive move either way, we're stuck in this slow sideways void....
its all in the noddles!
498.
Post 7923810 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
Now with Dell on board you have to be really dumb to just keep selling. It's clear there is only 1 way to go and that's up.
Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
The dumb bears will still be saying merchant acceptance leads to more bitcoin being converted to fiat, which is very very shortsighted
merchants would not convert btc>fiat using public exchanges anyway. + we all seem to look closely to these type of exchanges and their prices but it aint were most of bitcoins are (there is around 2 to 3 millions BTC out of 13million total on public exchanges).
499.
Post 7924655 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
merchants would not convert btc>fiat using public exchanges anyway. + we all seem to look closely to these type of exchanges and their prices but it aint were most of bitcoins are (there is around 2 to 3 millions BTC out of 13million total on public exchanges).
I very much doubt it's even close to your figure. Post MtGox, probably less than a million BTC, and I think even 500k are on the exchanges.
yea probably ^^, but my point was that bitcoin is valued upon a tinywinky portion, and it could thus be quite misleading.
500.
Post 7925455 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
next week or this weekend we will be testing resistance higher up, a key level to watch/support is 640. it is imperative we POWN the 640 mark with gr8 force. make it happen poeple. I have been / will continue to buy so long as we are below 640. ( i will probably be buying higher too, i can not help it, i must buy, i am very bullish ) buy Buy BUY!
I also think that $640 is key. Going past $640 and we will be halfway to the moon!
i disagree, 666 is the key.
501.
Post 7943151 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
We've been at this price the last few weeks, something has to give soon!
Agreed. Lowest daily BBW since ages - below 0.06, last time that happened was September 2013 iirc. It'll resolve soon, I'm sure. Not equally sure though in which direction. :/
Where did you get this reading? It's 35 on bitcoincharts.com.
Didn't even know btcwisdom shows bbw. Or you're simply doing [upper bb] - [lower bb]? If so, I suggest to use tradingview, which (to my knowledge) normalizes width to current price, making it comparable across price levels. Otherwise the statement "the lowest in year" would be even more impressive, but also kind of meaningless since with price increase absolute width also increases.
This is actually something I've been looking for, which is why I asked. I always had to factor in the prices when looking at bitcoincharts' (bitcoincharts.com, not bitcoinwisdom.com) BBW. Yes, bitcoincharts simply subtracts lower from upper BB.
Thanks for telling me, this is extremely useful.
more useful than coindesk's latest article?
http://www.coindesk.com/trend-spotting-identify-trends-bitcoin-price-charts/
502.
Post 7956808 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
Most importantly also the magical unicorn method for sending USD- I think this is the answer Jorge deserved for this simple question- hence that is why I gave that answer to start with.... y'know what they say "ask a stupid question, expect a stupid answer"
But, have you checked how expensive is to rent a magical unicorn these days?
why even respond to such comment? you seem to have a lot of time to waste for an academic attention seeker. hum.
503.
Post 7959957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_12.59h):
Most importantly also the magical unicorn method for sending USD- I think this is the answer Jorge deserved for this simple question- hence that is why I gave that answer to start with.... y'know what they say "ask a stupid question, expect a stupid answer"
But, have you checked how expensive is to rent a magical unicorn these days?
why even respond to such comment? you seem to have a lot of time to waste for an academic attention seeker. hum.
Think the word is banter... and I generally have time for everyone, that is just how I am... and I am not sure if you noticed... but my answer was hardly
serious.....
As for too much time to waste... maybe you are right there... true for most who post
(edit) Sorry if your post was asking Jorge why he bothered to answer my statement- my bad if so... at a
guess since I would be answering for Jorge I would guess the answer would be banter, or he wanted to give a reciprocal stupid answer.
Also I must say it is a little bit of a pot kettle black situaiton for you to spend the time posting asking someone else why they wasted time posting in response to something someone else posted which you think is daft? surely that is just compounding the situation? sounds like you may have a fair bit of spare time also
(Banter)
All the best.
ahah yes, no i was just bantering our academic fellow here. sure i have plenty of time for this, not that i do it that often tho. just a once in a while teasing pike to keep fit and clear head
504.
Post 7961730 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
How nice that yet another day was all about IdiotStolfi. The sociopath must have the time of his life thanks to you guys.
Well maybe chime in more with your views and thoughts charts and analysis and discussions observations , memes and general blah blahand chit chat - tis everyone forum - just do your own thing fella... pllenty of other peple to chat to.. have to go noe I am out of my face hs ha
yea its boring here, take it easy. consider it as some sort of prevention for any newcomers coming along and buying it all. ^^
...
ohhhhhhhhhhmmmmm and I have taken an housr ago a rarher powerful sleepngpill as I have to
go away and clappse now early flight . ..woo whoo it has really hskicked in and I can not see sriaght or where the keys are on th laptop
yeah a n I cannot tpe so nigt
keep btc safe for evrone ha ha this is hilarious........might try work like this everyday meh g
gnight!
505.
Post 7974162 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
interesting survey being conducted (high sample size, already more than 2000 participants).
example of a result:
(click link for all results)
it seems 2014 is not a good year at all regarding adoption (only 1% heard about bitcoin in 2014).
suprising the price doesn't slide more with ~ $2 million dollars worth of coins being mined each day (and probably quite a large part of them hitting the exchanges)
thoughts?
I would say this is bs.. if it is a survey of people from the Bitcointalk.org then maybe.... but from the general public... I cannot see it...
99% of all media coverage has been in the past 9 months.
It's not from general public. 92% are r/bitcoin readers and 37% have a bitcointalk account.
EDIT: click image for the other results
hearing about bitcoin doesnt necessarily implies you have "adopted" it.
nowaday, i'd guess far more people have heard about bitcoin (thx to the intense media coverage lately) but didnt take the leap.
patience patience, we need some macro-stormage to make people switch
506.
Post 7976752 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
Ha! Try using any ultra-capitalist third-world country instead of East Germany, and you will reach the opposite conclusion...
yeah, you could say the same thing about capitalism.. socialism is not great, but people act like it's the devil and capitalism is perfect.
socialism is evil. capitalism is not perfect.
anyho, screw politics and centralization of power: gogo digital anarchy
http://www.telegraph.co.uk/technology/news/10881213/The-coming-digital-anarchy.html
507.
Post 7990113 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
Are you ready?
Holy shit!
what's cracking on the 24th? FED pushing the global economy reset button?
508.
Post 7993767 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
The hell is wrong with these people with their graphs and lines that don't predict a damn thing. It is like those guys that predict the end of the world every year... when the world doesn't end instead of just saying they don't know what the hell they're talking about, they just beat the drum a little louder and suggest it will be the next year.
Listen, if you keep posting graphs that say there is going to be a breakout and there is no breakout or every time that you draw one you say the price will go up and it goes down (or vice versa) and you tend to be right only about 50% of the time... you prediction model ain't too good there slick. Maybe, just maybe, it's all bull---- akin to Tarot cards or them dot pictures that the psychiatrist asks you to interpret into a picture (Google appears to be telling me it is called a Roscharch test... I can neither confirm nor deny independently this fact, though, at this time).
Paul Giamatti as Joe Gould in Cinderella Man (2005) -- "Unbelievable bulls---!!"
Just because you can't use these tools or you never took the time to understand what they represent doesn't mean they don't work.
They don't work. As the last 6 weeks clearly showed. They only "work" when you look back and look for a pattern that confirms what you're looking for in the first place.
I disagree- has worked very nicely for me for the past 15 years or so- I will take that.
There is no such thing as prediction...
There is such a thing as tools to aid in decision making
I do not get what is so hard to understand tbh.
oh well
It's funny because it's true!
I have all the best gifs
It is funny in more ways than one indeed- it was an actual quote from the late Terence McKenna (the gentleman in the gif) - it fits so well in this situation !
The actual quote should be in here somewhere-
http://www.billyvegas.us/terence-mckenna-nobody-knows-jack-shit-about-what-is-going-on/ Bitchick this is for you too.
I had hoped to meet Terence one day but he fucking died before I had the chance.
That DMT - just wow- now if you want to talk to me about religion (please no) I can handle it if you want to take a nice big hit on a DMT pipe
and then when you return- we can talk
Without sounding too mental- I have seen shit man! ha ha I remember when I first tired DMT - it was 18 years ago- I was working for a very slick offshore co, and anyways I did a whole bunch of the stuff one night at a party- I was the guinea pig ha ha- anyways I went to a pyramid.... on my mothers life- crazy it was- then about a year later I wa online and I found out that hundreds- of people have been to the "same" place.... oh my oh my... I was even describing my story to a total stanger once- and basically he interrupted and told me and the room of peopl eI was with how it finished and he was 100% right- to this day one of the most astonishing experiences in my life....(more so the books written and 10s of thousands of people that have shared this journey/group hallucination whatever you want to call it) mad stuff- this is not a recreational drug - fuck no , makes "drugs" look like a toddlers toy- same ingredients as in ayahuasca. DMT is a religious experience like no other I am sure- I am not suggesting you try it- but try it ha ha ha (if you are brave, sound of mind, do not have a massive and frail ego and have large balls)
Terence was one of the biggest influences on my way of thinking. I dare say I've listened to at least 95% of his publicly available material at least once. And you know how much of it there is...
hmmm
DMT I heard DMT makes your body secretes the same molecules in your brain as when you are about to die (ie. its kind of an NDE). Watched the movie called
ENTER THE VOID and its pretty sick. I never did it tho but on the same level, i'd pretty much like to go in the amazonia visit a tribe there and hunt for that silly magic toad. Some interior trip i've put on my bucket list for when i'm making my 40 yo crisis
anyho, tripping hard on bitcoin for now ^^
509.
Post 8020047 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
It's nothing surprising, people change bullish to bearish and vice versa.
But Market is not going anywhere atleast for 1-2 weeks too.
A nomenclature question: bulls believe the price will go up, bears believe that it will go down. What animal believes that the price will not change?
Maybe a panda? yeah thats it... a giant panda
my bitcoin!
510.
Post 8026941 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
511.
Post 8026984 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.00h):
oh man, i cant stop laughing like the idiot i am in front of my laptop..
who said bitcoin was boring?!
512.
Post 8086891 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.01h):
you know something's up when folks in the wall observer thread talks about AM..
513.
Post 8111435 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
560/2 ...Could it be?
514.
Post 8119525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
To the moon boys, i think the bus is leaving any second.
Since December ...
...but okay, it's a bus not a
rocket.shhh we aint got no iron domes
515.
Post 8125474 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
volume diminishing, bids piling up, next wave up coming soon.
610, 592, 620, 640, 800
you heard it first form some lunatic on the internet.
Ha, looneys..
516.
Post 8126660 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
@adam, its not because you dont like the results of your polls that you have to keep changing em every couple hours
517.
Post 8127302 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:
518.
Post 8127406 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Can you not do that? I try to keep Adblock off on sites that I like and people like you make that difficult. Ignored, regardless.
519.
Post 8127495 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
I ain't getting on no plane fool!
.... but I will get on a train or a rocket....
team rocket it is then!
520.
Post 8127778 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:
What a strange world we live in where bums and tits and vaginas are frowned upon.... but day by day the situation in Gaza and Damascus and a billion and one other problems/things are ignored, and allowed to continue... (with actual TOTAL indifference from the majority of people) I am sure that the pic is NSFW and I get that and I am not having a dig at anyone in anyway... but no matter how you dice it societys attitudes towards the naked body is quite absurd... still "taboo" and some how unaccpetable.
and to think that a naked body, can and is considered "filth" by many... when it is actually the most natural thing in the world and the way we all come into this world..
I get there are many reasons why and how we got there... still does not make it any less strange in the grand scheme of things..
Time and place etc etc peoples rights and work environments etc but still a naked body is still in general life, a thing that is given much power.....
Silly monkeys.
I mostly think the same as for all the tragedies that are happening worldwide. But as i spend my day thinking of how perverted and corrupted the world has gone, i sometimes break down on some good ol fashioned metaphors. But i'd like to take this opportunity to apologize if it had shocked anyone this time. I am just some random dude on the internet enjoying the bitcoin ride
ps: i'll blur the "dirty" parts as it was more the message that captured me at first (didnt paid pretty much attention at the picture):
Bitcoin is not optional, it's MANDATORY
521.
Post 8141207 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
If we break down again, it is just because the manipulators, wall street, whales, etc havent loaded up enough before starting the next rally. Silly monkeys need to be squeezed more.
522.
Post 8141242 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
If we break down again, it is just because the manipulators, wall street, whales, etc havent loaded up enough before starting the next rally. Silly monkeys need to be squeezed more.
its just a good place to take profits... i did...
oh im sure you did ^^
523.
Post 8142209 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Who said going to the moon was easy? we need to get rid of
gravity before reaching
weightlessness..
Stack on fuel dear bitcoin rocket, the more we wait, the more far we'll go!
524.
Post 8142508 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Now I'm really rich!
or not
525.
Post 8143886 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
It is an amazing...gif...
526.
Post 8157368 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
and so the bear trap transformed into a bull trap.
527.
Post 8159128 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
30 Years Of Cell Phones
There is one phone missing in that photo..... <snip>
There are 6255143872165517735257198668789316491111! phones missing
source?
528.
Post 8166082 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
past/present/future.. whatever
529.
Post 8167256 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Longer than any of us think.
Hmmm... you would hope so... but I rather think that is still sooner than some think...to some degree the wheels are already in motion... just waiting for the chips to fall...
Can only kick that can down the road for so long...
Portugal
Italy
Greece
Spain
(and others in the Eurozone) >
FRANCE is in deep shit too ^^
Are all in the shit.
So are Bulgaria
So are Argentina
and they are just the ones on the brink of the next wave of shit..
There are other even bigger problems brewing away underneath in several other places... (not to mention the US (and others) still seem to be on a debt suicide mission, with zero sign of changing course)
This cannot help long term confidence in the bond market.. there is already pressue on the bond markets in more ways than one.. one new big problem could lead to contagion and bingo it is systemic before you can say Bear Stearns.
Coupled with the QE scenarios , either QE to infinity nor tapering look that attractive
There is only so long that the can , can be kicked down the road... they are barely in control now... what happens
if when fate throws a curve ball into the mix?
I'm 100% with you regarding all this shit but I dont think it's about to hit the fan.
530.
Post 8167604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Longer than any of us think.
Hmmm... you would hope so... but I rather think that is still sooner than some think...to some degree the wheels are already in motion... just waiting for the chips to fall...
Can only kick that can down the road for so long...
Portugal
Italy
Greece
Spain
(and others in the Eurozone)
Are all in the shit.
So are Bulgaria
So are Argentina
and they are just the ones on the brink of the next wave of shit..
There are other even bigger problems brewing away underneath in several other places... (not to mention the US (and others) still seem to be on a debt suicide mission, with zero sign of changing course)
This cannot help long term confidence in the bond market.. there is already pressue on the bond markets in more ways than one.. one new big problem could lead to contagion and bingo it is systemic before you can say Bear Stearns.
Coupled with the QE scenarios , either QE to infinity nor tapering look that attractive
There is only so long that the can , can be kicked down the road... they are barely in control now... what happens
if when fate throws a curve ball into the mix?
It is often when sentiment is high...even too high that trouble is around the corner
That being said "about to" is a hard one to call...
But there is a fear of a domino effect... and the house of cards can only be propped up so long..
My fear is with the information we have at the moment, and bearing in mind that the ECB does NOT have the money to bail out the Eurozone..
that it may seem like we can keep this all propped up at the moment, with the current data... I am worried about the event that comes out of nowhere and gives the house of cards that little nudge that it needs to begin to collapse... when it happens, because it is not if, but when.. then I fear , that the fear of contagion, would be enough to give it that second little push it needs to start to really bring the house down..
Point is I am not so sure of them foundations ... it would not even need a perfect storm at this point... just an excessive gust....
Where
and when that comes who knows.... it could come out of the left field, and by that I mean the east.... and it maybe soon, and by soon I mean anytime from now to next few years...
But one thing is for sure... cycles and another thing is for sure... all that shit under the rug, is still there even though it is brushed out of sight...
Timewise who knows 100% , though that sentiment chart is interesting.
very nice graph this PE model
so there is no doubt the occidental system is approaching the end of its cycle. we had pax romana, then pax britania and currently pax america. what comes next? pax technologica? ^^
531.
Post 8170686 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
it's basically all about protecting france.
This. Because France is the weak link in the backbone of Europe. But how can you protect a vertebra which is dissolving with cancer?
Europe needs a titanium France.
france is in deep water now: unemployment rising, helpless government, mad taxes, immigration issues, civils rights being more and more restrained,... in three years from now, Marine Lepen (far right wing) will be elected but it will just spark things off because you cant just reform the EU and you certainly cant get out of it (altough UK's delusional threat lately) and its crippled monetary system. from there I can already see riots transforming into civil war revolution-style. its not going to end up well. im there and can already smell that good ol blood thirst.
Dump .Go learn the fugg of your own country retard
we are like the fuggin world n1 bosses in wheelbarrow and copperlink, did you knew dat ? Of course no, we are n1 in more than 100 fields, compared to our population, we n1. Our fuckin yogourts and shampoos are straitght n1 in the world yo, dopest quality. Who the fashion ? NYC or Paris ? nike running or Louboutin ? negga pls
Lepen is growing up only because our retarded racists feels free to split their shit up since fuggers are killing some jew in some museum i don t give a fugg about. Since droping his hate on gipsy or islamist is young and cool. You re racist or you re not, you don t become racist because some neggaz stole your fuggin 2k€ car, this is stupid, this is fake, this is hiding. You vote lepen because you re racist because you re stupid and not because your country is in crisis, this is straight bullshit
our rich are just richer, the money is still here, one day someone will say now total and the other fuggers yall need to pay ya fuggin taxes faggz, thats all maneg, keep yo shit straight maneg, and stop talking smack on your own contry maneg you ridiculous
Before talking shit, be sure to get informed, go check the reality of taxes in France and Europa
"civil war" , lol
life is real, don t think that your fantasies will be true one day, your life is shit and will be shit for a while, system don t give a fugg about you, your fail is on you
Lepen will be beat the fugg out of her pussy i guarentee it, no way that 50% of the french are fugged at this point
go learn the fugg about how france is actually fuggin deep germany in the ass. Check how we build the world of tomorrow, how china brazil and who the fugg you want wants us to build their fuggin futuristic shit > Construction we da one. Science > we da one.
Germany wants our start up so hard but they will have nuthin fuggers
Stop be pesimistic, be real, be educated and informed and keep your shit for you
Unemployment ? CHECK THE GRAPH PLEASE LOL
you can t just reverse this fuggin curve like "oh sarkozy fugged out the country, ok no problem in 3 days we back lol"
And if you say the civil rights being restrained these years, imo you talk about the pro palestinian ones (mainstream fagget), you need to know that they forbid like 5 on 400 because arabs were on fire on fb, ready to kick some jew ass so deep they will drop some. get the fugg off of tf1 negga, your brain so washed neg, hilarious neg, with your fuggin plotist blog neg
you will see. 2017 we still Hollande maneg. Still Hollande
if you just want to be flogged, ask your girl
yea this is exactly what im talking about. blood thirst. (although i missed the stupidity part..)
532.
Post 8170830 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
France is currently reseizing and you are a fool if you think its false
the only thing we need is less ppl like you. Germany have way bigger problem than us, get yo fact straight
try again
http://www.zerohedge.com/news/2013-03-07/futures-ignore-13-year-high-french-unemployment-tumble-german-factor-oders-rise-spanFor a moment there, mid-year, when
the French forgot to send texts out to all their unemployed people to confirm their joblessness , that French and European leaders looked at the French jobseekers data and hailed the corner as having turned. It has not!
For the 30th of the last 32 months, French joblessness increased. At 3.303 million jobseekers, French unemployment is at an all-time record high (and 10Y French debt trades 36bps lower in yield than US 10Y).
tick tock:
http://www.nationaldebtclocks.org/debtclock/france ohoh:
http://online.wsj.com/articles/bnp-paribas-reports-record-5-79-billion-quarterly-loss-1406783037 team murica:
https://www.wsws.org/en/articles/2014/07/31/alst-j31.html
533.
Post 8170849 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
south slang. Sorry im from Htown
fuck and my negger
You sound like you're still in school, happily being indoctrinated on how great your own country is.
Nationalism at it's worst.
Anyway, I'll take german engineering over french engineering any day.
this is not nationalism, its socialism. but yes, they pick on children pretty early now.
534.
Post 8171005 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
south slang. Sorry im from Htown
fuck and my negger
You sound like you're still in school, happily being indoctrinated on how great your own country is.
Nationalism at it's worst.
Anyway, I'll take german engineering over french engineering any day.
this is not nationalism, its socialism. but yes, they pick on children pretty early now.
Socialism has nothing to do with it.
You sound like you're from the USA, where socialism is badly understood.
nop im french and i know what socialism is. pure BS ^^
535.
Post 8171272 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
H town as in?........ Houston? long way from france?
lol yea, i live in paris but also have family in texas
and i love both france and USA, its just the politicians & bankers that are/have seriously wrong doing. they will lead us that systemic failure you were talking about earlier.
"Fascism should rightly be called Corporatism, as it is the merger of corporate and government power."
Benito Mussolini
THIS +1000 (one of my favourite quote)
536.
Post 8171411 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
"Fascism should rightly be called Corporatism, as it is the merger of corporate and government power."
Benito Mussolini
THIS +1000 (one of my favourite quote)
Yeah I do not think Benito was kidding.
he
obviously knew what he was talking about.
ps: and about some other dude that knows his shit: putin's assertion that a war is coming
http://www.zerohedge.com/news/2014-07-28/shocking-reason-putin-isnt-worried-about-50-billion-yukos-ruling
537.
Post 8171596 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
538.
Post 8171702 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
However, it involves the government propping up financial institutions or big companies or "protecting" the military and police and private property, that is called democracy and capitalism... which is a "good" thing....
That would be crony capitalism, which is equally evil.
I'm from Europe and I completely agree. France is the last country in Europe I'd want to live. They`re basically communists. And yes stealing the wealth of people actually contributing to the country is indeed a bad thing. Very few people in my country agree
which country is that if i may ask?
539.
Post 8172333 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
there doesn't exist a good financial system yet, whether in the USA or EU or Asian countries or even Arabic countries.... the real system that could serve all parties fairly is yet to exist, and I believe that we are not far away from it, however, it is funny because choosing between capitalism or socialism is like choosing between slavery or constant rape.... there is no reason to defend the actual systems but finding a way for a better system is what everyone should be seeking.
To be honest, IMHO I feel that we are at a very critical point that will change the picture of the world in the next 10 -20 years, it will be so different from today and I don't mean technologically, but the world leadership, policy making, map borders, region influence....
I suspect/hope this new system to be something close to
Amir Taaki's anarchy theory (i like to call it DWO as in Decentralized World Order ^^):
We dont need to seek approval from a higher power, from a central party that is responsible for allocating and managing our lives. Because we believe we can do it better. Ourselves. We can serve our needs better when we do it between ourselves. We need to be responsible because, at the end of the day, if you are going to go to some mafia and ask them to be responsible for your life, they are always going to look after themselves and their friends and their people first..
Instead to go trough a legal system, with lawyers, and judges, and police, and bureaucrates, and politicians and legislators. Now we can use mathematical laws. And we can disintermediate a huge body of institutions, of power, of greed, to create pure law between people, governed by ourselves, with a mathematicaly undisputable consensus...
But it really have to crash hard in order for people to wake up and wipe that sh*t in bluring their sight so they can make real steps towards such concept.
540.
Post 8172589 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
541.
Post 8173161 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Back on topic. After delaying it several weeks I was forced to sell a small amount. You should therefore see a price rise.
more like a price drop as more people like you are forced to sell some in the bids to pay the bills.
542.
Post 8187946 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Yet another prediction.
Someone is accumulating big time, there are almost no sells happening beside those huge sells (probably into their own bids). As soon as the market gets bought up a few ask walls appear ~500
BTC and soon after that a 500-1000 dump happens, with no real effect on the market other than stopping it from going up fast. If you watch the walls moving on bitcoinity you can see that they are changing pretty fast. Average bitcoiner (small fish) is not in selling mood these days. I think we will slowly go up and continue to see this behavior. When "they" (
) are done, one can epect to see larger and faster moves. There are pretty sophisticated bots active right now on Bitstamp (readding smaller bids all the time, pushing around walls...). TA and even more the orderbook clearly looks bearish as fuck, but that´s what it should like during accumulation time.
me likee, fonzie, you on something ?
But I fear that's somehow what's going on. Financial manipulation enters a new Era with bitcoin. No audits can save you.
543.
Post 8190400 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
544.
Post 8195991 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
545.
Post 8197390 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.02h):
Ok, I have a question for you all. I see many who firmly believe that btc will go very high in the future. Taking into consideration current world events (economy, politics, the possibility of war, etc.) do you still believe in that future? How much of your beliefs is gut feeling vs a dispassionate analysis? Share your views.
just believe in (r)evolution
546.
Post 8199565 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Bitcoin is not optional, is mandatory.
hell yeah.
(no pictures here ^^)
547.
Post 8199596 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
when looking at the alt market: 2nd generation coins (ETH, NXT) and the privacy enhanced coins (darkcoin, cloak..) and the copycats and the shitcoins, I get really scared.... I think if it wasn't to these coins the price of Bitcoin would be really lower than we even think, an example of how people invest in alts is by firstly buying bitcoin and converting it to the alt, the alt owners (miners, pumpers, developers...) usually hold most of the profits in which are usually huge.
a look at ethereum: they already sold more than 31 million this makes for more than
15000BTC
Why you'd drop any coin for vaporware is beyond me.
And it's actually less than 15000, every day(?) the amount of ether per btc is dropped.
This whole timed IPO where you receive successively less just feels wrong.
Reminds me of crappy home-shopping channels where they flash how many items are left.
548.
Post 8200769 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
This aint lookin good.
549.
Post 8201626 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
creating depression so that people just feel more miserable all over and are more likely to sell even if it hurts themselves.
Sounds wonderful, i miss those times
. But no is not the time for it, it would be wasted energy. My wannabe pumping skills are weak and i know it, but i´m bored so what should i do.
You're supposed to be trolling the bears. You know, shorts being squeezed and all that. I mean, look at those bids on Huobi!
Can´t troll them, deep down in my heart i will always be bearish & pessimistic. That´s why i like even the most stupid bear trolls like fallling.
Also making profits with shorting was always much more enjoyable for me than the other side round.
I hear it. I shorted a lot in February and made a lot of money, loaded up on cheap coins. But then I got short squeezed in March and decided after that that the market could turn upward too quickly to keep leveraging against it. Betting the downtrend in February was a sure thing, though.
I made more money with leverage shorting in January & February, than i did with the bubble to 1200$, even though i was loaded up big time with ~100$ coins. Maybe that´s the reason for my bear love
Especially during february, we had such an awesome valid & volatile channel for weeks where it was bascially free money to play ping pong!
cant wait for the next bubble to begin tho. there is going to be $500-1000 spreads when it bursts
550.
Post 8205980 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
well i got my fill for today.
UP
buyer?
lol
hello!
lol
Nice story thx for sharing.
hey FED?! MANDATORYYYY..
551.
Post 8212604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
good news = price drop #logic
What good news? Why do you people (not you in particular) all think you are so clever that even if "fresh" news played a large role, even assuming that there are no insider front runners, who are you to say what is important and what is not, or even whether a piece is overwhelmingly good or bad? How do you tell if something has been priced in, and how long does that take? Do you have a framework to put everything in relation? News is even more subjective than technical analysis, and as far as I can tell it's one of the worst ways to trade.
552.
Post 8220997 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
553.
Post 8238025 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
I actually think that many of the posts here that seem to 'celebrate' those $10 buys are actually sarcastic and make fun of those puny trains. It's futile to expect something big as of now. We need to wait for fall, capitulation, or an ETF or something.
To be honest: that's my feeling, too. (I'm usually uber-bull expecting a rally right around the corner).
On the other hand: all the powerful runups in the past had come kind-of unexpected to me, at least regarding the size.
We may not need an ETF, capitulation or anything. It could really just happen by itself, with no apparent reason. (Of course we will attribute some single fitting reason after the fact and be quite sure that was it (like "Cyprus" for the April '13 runup), that's just how the human mind works)
true that "
it can happen any time", but deep down you know exactly why, and thats because the
bitcoin lords wanted to move forward with it..
just look at those last 4 bubbles' straight alinement and cycles, you cannot seriously believe that was organic some how.
bitcoin is going up because it is cautiously driven by some whales and early adopters geniuses that are making sure it won't just fail.
bitcoin is here to stay, and be the base for a whole new system paradigm.
chooochooooo
554.
Post 8238504 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Not too bad of a day so far for both BTC and LTC...it would be nice to see both build back a little momentum
LTC will go nowhere imo. Maybe shortterm, but longterm its dead.
could be. although it could also be quite amusing to see the inflow of bitcoin noobs getting on board at the next bubble and having that
great idea to also buy some "bitcoin's silver"..
555.
Post 8240603 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
wankers. ^^
Perhaps most surprising to Meklir has been the popularity of Hustler.com’s litecoin and dogecoin payment options.
http://www.coindesk.com/altcoin-payments-paid-hustler/
556.
Post 8241644 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Huobi breaks $605
$12 ahead of stamp
bitstamp about to break 600
nahh 2k+ coins wall up to there
557.
Post 8241722 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
nahh 2k+ coins wall up to there
I remember the days when we'd see 10k buys, one after the other.
A 2k wall seems so pathetic in comparison.
True, but i just dont see it happen for now, and sadly even for as little as 2k.
558.
Post 8246320 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Huobi is on fire
bitstamp too, but in the opposite direction.
the manipulators vs the manipulated..
question is: who's who?
559.
Post 8252943 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Today is a good day for some wall observing... walls, walls everywhere...
Indeed. It is a sign of a good weekend. Mark my words that this weekend wont be flat and boring.
This weekend I am 99.9% sure we will end up @$>600.
560.
Post 8254948 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
where did you get that from? I am not being an ass whole even to those who deserve it
this made me luled.
Round 10 is it?!
561.
Post 8255494 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Most of these things listed above are NOT pyramid schemes, unless they are causing value to float to the top without any reciprocating value being transferred below. The only way that value gets transferred lower down the pyramid is to find more suckers below. None of these listed items are pyramid schemes, unless they are designed as such. Bitcoin is also NOT a pyramid scheme b/c there are tangible assets, including an infrastructure and a network and continued investments in side businesses.... NO need to explain further at the moment b/c these pyramid scheme/ponzi arguments are totally attempting to simplify bitcoin into something that it is NOT and playing upon ignorance.
What you are writing is correct but you are arguing in a sophistry manner, bitcoin is no pyramid scheme, regarding the typical
fraudulent definitions. It's a semantic shift by mmitech, talking of pyramid scheme but meaning a pyramidical wealth distribution. Reading you, I get the impression that you are not silly (even as I would not agree with a lot of your quoted text) and you understood the regarding context. That the wealth of bitcoin is distributed as a pyramid - I think this is undoubtably. But as I said earlier, that is capitalism - not only bitcoin.
this is exactly what I was trying to say, you just did it better, thanks.
looks like you quoted yourself.
562.
Post 8255886 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?
I think only negative impact on ETH stockholders.
yes, once they sold btc, there wont be any valuable asset left.
563.
Post 8255994 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
round and round and round again
564.
Post 8256356 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
LMAO, you can buy 1880 ETH per BTC now,
or Mircea Popescu is offering up 5000 ETH per BTC in 8 months from now, 2.5x more ETH per BTC than the best rate being offered by Ethereum during the Genesis Sale.vii Effectively, MP is allowing you to “go long” ETH.
http://contravex.com/2014/07/23/a-guide-to-buying-5000-ether-bitcoin-2-5x-more-than-ethereums-genesis-sale/ata deal!
565.
Post 8271269 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet.
hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct!
do you have the means to check this? If so I would like to kindly ask you to do so.
Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds.
A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
If this is true then the next bubble will be incredible.
It is likely true. Who do you think bitfury or KNC deals with? the public price on exchanges are just so easy to manipulate just with 1/100 of what they mine daily. a little "networking" and you are the king of the public price. We are just hopeless sheeps and this is why the mining industry is the #1 bitcoin industry, surclassing finance etc..
The good part is that it is set to succeed, just squeezing each tear of profit before lightning up the next canddle
edit: cant wait for
Intel to put their hands on bitcoin.. ^^
566.
Post 8271462 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet.
hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct!
do you have the means to check this? If so I would like to kindly ask you to do so.
Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds.
A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
If this is true then the next bubble will be incredible.
It is likely true. Who do you think bitfury or KNC deals with? the public price on exchanges are just so easy to manipulate just with 1/100 of what they mine daily. a little "networking" and you are the king of the public price. We are just hopeless sheeps and this is why the mining industry is the #1 bitcoin industry, surclassing finance etc..
The good part is that it is set to succeed, just squeezing each tear of profit before lightning up the next canddle
edit: cant wait for
Intel to put their hands on bitcoin.. ^^
However, don't we really want to do something about this problem....
No we dont, since it is meant to succeed. And we are still pioneer.
I mean sooner or later, some people should be getting mad about this downward price manipulation b/c there exists so much behind the scene's trading that is NOT reflecting the true price and/or value of BTC...
Yes because they dont get the big picture: it is meant to succeed. But people that can control, will always control. it's the deal that comes with Bitcoin's technology to be working: computing Power. Miners are the new wall street. And they are going to be the new people on top of the world.
I do understand that in this case, sooner or later, the matter is going to come to bite them in the butt... when we should be getting these big ass green candles... at least that should be the end result of this particular ongoing market manipulation.
Now that would be too easy. They already got enough attention. FFS its barely been 4 years and Bitcoin is buzzing all around.. No need to rush it up, they know bitcoin will be there for long, they are making sure of it actually.. better letting it boiling up a little more..
remember we will have to hit the $2500-5000s on the next bubble..
567.
Post 8271608 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet.
hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct!
do you have the means to check this? If so I would like to kindly ask you to do so.
Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds.
A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
If this is true then the next bubble will be incredible.
It is likely true. Who do you think bitfury or KNC deals with? the public price on exchanges are just so easy to manipulate just with 1/100 of what they mine daily. a little "networking" and you are the king of the public price. We are just hopeless sheeps and this is why the mining industry is the #1 bitcoin industry, surclassing finance etc..
The good part is that it is set to succeed, just squeezing each tear of profit before lightning up the next canddle
edit: cant wait for
Intel to put their hands on bitcoin.. ^^
However, don't we really want to do something about this problem....
No we dont, since it is meant to succeed. We are pioneer.
I mean sooner or later, some people should be getting mad about this downward price manipulation b/c there exists so much behind the scene's trading that is NOT reflecting the true price and/or value of BTC...
Yes because they dont get the big picture, it is meant to succeed. But people that can control, will always control. it's the deal that comes with Bitcoin's technology to be working: computing Power. Miners are the new wall street. And they are going to be the new people on top of the world.
I do understand that in this case, sooner or later, the matter is going to come to bite them in the butt... when we should be getting these big ass green candles... at least that should be the end result of this particular ongoing market manipulation.
Now that would be too easy. They already got enough attention. No need to rush it up, they know bitcoin will be there for long, they are making sure of it actually.. better letting it boiling up a little more..
remember we will have to hit the $2500-5000s on the next bubble..
Thanks for your response... what you said makes sense and seems to be a fairly accurate assessment of the behind-the-scenes forces/dynamics.
Actually, I did NOT expect you to answer the various concerns of my above post b/c I thought that you had been ignoring me, for about the last four months... he he he...
Meheh I sometime check on where your understanding of bitcoin
is at. And i am not against exposing you my understanding of bitcoin when a see a windows to express it without chocking you somehow.
Anyway, back on ignore.
568.
Post 8271746 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Meheh I sometime check on where your understanding of bitcoin
is at. And i am not against exposing you my understanding of bitcoin when a see a windows to express it without chocking you somehow.
Anyway, back on ignore.
WTVR..... Talk with you again in 4-6 months when BTC prices will be a chockzing $765 or hopefully greater.
yea, patience patience young padawan
569.
Post 8272822 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
570.
Post 8280140 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
571.
Post 8280186 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
ohh my
http://www.iflscience.com/technology/ibm-reveals-incredible-new-brain-inspired-chipseriously, i cant wait for the day Intel, IBM & co will jump on bitcoin's train.. CCMFFFFF for ever and ever and everrrrrr
572.
Post 8281551 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Must suck to be that fool that buys at 690+ every time.
It's so odd. At 688 they don't buy but when someone starts pumping those same people panic buy at 695 only to see the price drop back to 688 after that. And then they panic sell of course.
It's always the same. Why do people still fall for it?
5xx maybe ?!
573.
Post 8285794 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
574.
Post 8287687 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
senior member
575.
Post 8287767 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
senior member
(Party time)
Not quite yet it seems...... but......
aww you've been more enthusiastic than that,
here have a puppy
576.
Post 8288180 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Ok, I like the occasional meme gif every once in a while, but now it's starting to get ridiculous.
How old are we again?
577.
Post 8293348 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Everyone needs to get bearish so we can liftoff again.
So you think we need to shake out some longs first, or do you think we simply need to get the movement going again? I try to understand why people feel the need for another crash before a new rallye can emerge!
need real despair. i mean REAL. almost to the point where you will think the game is over and that bitcoin failed.
578.
Post 8293570 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds.
A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
I have been dwelling on this analysis from Windic and of course it makes sense.
If the miners go to market with the current volume, then they won't get the price they might from off exchange sales.
But with these sellers and the corresponding buyers
both off-market, then volume dries up. It also means the price is far more easy to manipulate by dumping a few every time it looks like creeping up and buying them back once the rise has been stopped.
This will only change if off-market demand exceeds supply.
But at first miners will just have more bidders and may just auction at higher rates, but still off-market.
The only way this situation changes will be if the large off-market buyers see the premium asked by miners as excessive and break ranks.
And these large buyers are not so stupid. So right now we stay in this equilibrium - large miners will not change it, they get guaranteed sales at market or slightly over and predictable, optimised cashflow.
Miners not selling off-market are supplying about what the market wants right now, hence (relative) stability.
So... what needs to change? Probably the point where it becomes inevitable that it WILL change.
At this point miners may hold and ask a premium - large buyers see the cosy arrangement is not going to last and then they start to break ranks and just land grab on-market.
So breakouts are being stamped on - it is inevitable it MUST be what is happening.
Once it looks like this amazing accumulation 'party' is over, the shit will hit the fan.
The longer it lasts the faster it will turn. And events, of course 'events' can be the calalyst for someone to blink.
And so it will begin - we will have our choo choos again.
I am all fine and dandy with that analysis... yet it seems that the time-line and stability of this arrangement remains unclear. This arrangement could continue for days or maybe even up to 4-6 months. .. let's say 4-6 months of about $2million per day in BTC being bought off line (3,600 x $600) That is only about $60million per month, and it remains unclear for how many months that will be a sufficient supply for accumulators.
I don't know, of course - but I 'feel' less than two months... But we don't know what the real market (the off-market) is doing, other than it is right now in some sort of equilibrium. As mining difficulty changes things must change in the end - but when? Hmm...
I am more and more akin to the idea that next bubble will coincide with some economical breakdown. But i cant tell which one will provoque the other one to happen..
579.
Post 8299697 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
ZOMG Bitcoin fell $10! What happened, did China ban Bitcoin!?
no, they are just dumping it.
rpietila mentioned 470 few days ago. masterluc noticed a bearish divergence.
where are you guys placing your bids? high 400?
Rpietila, just like every other person here, has no clue where the price will go.
yes, but at least rpietila got more than enough coins to make a decent call and influence the market.
masterluc is the man tho, been right all along.
580.
Post 8303393 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.03h):
adam is too busy digging up his "hodl" coins from his backyard and trying to remember the BIP38 password so he can sell.
Honestly, I think we can look at something like doge to get an idea of bitcoin's future from this point forward. Doge is like bitcoin on fast forward. We'll probably go several years from here just steadily bleeding down, until we hit <$100. From there, maybe we start all over again and go up?
One thing I have to say about the permabears on here. They are an entertaining bunch.
581.
Post 8304809 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
Time in Shanghai - 08:21 Tuesday, 12 August 2014
Take it away
GOOOOOOOOOOOOOOOOOD MMMOOOOOOOORRRRRNNNNNINGGG SHANGHAAAAAAAAAAAIIIIIIIIIIIIIIIII !! What a shame that he passed away today, one of my favorite actors of all time...
WHATTTT???!!
Oh captain my captain !
582.
Post 8319729 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?
I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.
When you say you have lost $5K how exactly did you lose it?
means he has around 125 BTC ?!
583.
Post 8320070 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
@mmitech Haven´t you wrote 2-3 days ago that your sentiment changed bullish when we were around 595$, However it seem that you have deleted that post now, lol.
Are you possibly the personification of ShroomsKits fictional trader alter ego?
I didn't delete that post, and yes a week ago I said that it is looking bullish, I've changed my mind and lost $5K for not selling at the time.
Nothing wrong with doing incorrect predictions, but please
stop running around saying i have always been right since February with all of my predictions (e.g. LTC...).
That makes you look like, well as someone else stated, an imbecile.
yea dont tread on our little fonzie's toe.
584.
Post 8320833 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
NOPE>>>>>> he is an adult, who is trying to get away with some of his stupidity by acting as if he is a teenager, but it is all a ruse.... He is a troll, though...and certainly a FUD spreader..
He learns really fast and is doing the blowjob better, day by day.
ftfy
You can lol now, but the we lol all the way down to 0$.
i am aiming sub zero.
585.
Post 8323694 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
586.
Post 8324842 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
Dangerously close to break the 560's we are right now. Think bet on a rebound right now is really a dangerous bet. In the 550's the smallest bad move can start a cascate crash movement, it is like walking over a lake with frozen waters.
587.
Post 8332265 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
Bitcoin is only down 4% from yesterday, goys!
...and 7% from two days ago. And 10% from two weeks ago... and 13% from a month ago...
Ahem... carry on!
...and 20% up from three months ago.
Oh, we're well on our way back to the $400s I'm afraid. Some people here seem to think I take pleasure in watching the price drop. I don't. I believe in bitcoin and that was the reason I invested in it originally... but obviously we've derailed at some point and mainstream adoption is looking less and less likely. Look at the devastation to the alt coin market over the past few days. This is what is happening to bitcoin, just on fast forward.
You know... the bigger they are, the harder they fall?
pff bitcoin is not some facebook or twitter useless scam desperate for mass adoption. it does NOT need the sheeps. it only need the world to fall apart economically..
588.
Post 8333493 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
589.
Post 8337723 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
Monkey lost, and has been pretty sad. He thought 572 was a bottom, then he thought 545 was a bottom. Now he thinks 525 was a bottom...
pfaahahahah so much lulz in here lately thx ^^
590.
Post 8338232 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.04h):
should i buy btc now and wait for price to go up?
You should do whatever makes you feel good, but you should NOT listen to the idiots on this forum.
@fon
sie
You´re sounding desperate lately? Here is some classical philosophical advice which you might find helpful:
Better cut loose™
591.
Post 8350515 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
ha just woke up and saw my 499$ order filled. now lets see if my 449 make it too
592.
Post 8356617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
I feel like I've reached a new level of bitcoin awareness. Screw guys like Risto, they don't know what they're talking about. Here's the real deal: We had a slight rebound from ~$500, but once again, it was on low volume. Do we really need to debate what that means?
Unless Warren Buffet decides to invest suddenly, we are going down again. 100% certain.
we will just fall until there is a
consensus that the price is ridiculously low.
593.
Post 8357286 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
I really dont care anymore for some late ebay, amazon adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense anymore to pay something with btc.
Very true.
Holding is a much better strategy
+1 f#ck the masses.
594.
Post 8357308 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
I really dont care anymore for some late ebay, amayon or other merchant adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.
yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.
Gotta quote that.
mehehe yea wtf adam?! what uncertainty? thought you never doubt it? ^^
595.
Post 8358742 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
people need to know....
these guys don't know the true meaning of evil till we fuck themits time to get mad and screw them!
much like when we rallied against priate40, when he tired to fuck with us.
we must once again ban together once again and cast out the evil that has been lurking
together we can be strong! together make them pay for what they have done
get mad and buy your heart out.
lets show the world how little we care about the their "money"
This is what we have been waiting for this is it boys this is WAR
BUY!
Premature. I thought we had hit the bottom last time... then the second I bought in (literally the second) there was the flash crash.
525 is an important resistance point. Also, keep in mind that we have Ethereum further dumping still scheduled, some douchebag who is obviously manipulating the market to bring on cascades, and retailers coming to the end of the week and perhaps fearing a catastrophic outcome (they might be more willing to just write off a 15% loss than play the gamble of holding). Finally, there is no volume on this bounce back.
Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.
nope, BS. it's WAR.
rofl that nick carry little story is amazing
bring it on bitchesssss!
edit: i say we f&ck em before they do us.
stop selling your coins to these greedy basterdz drivin the price down. you want to play bear? Hodl like moth&fuckin bears! enter hyper hibernation and dry the exchanges out.
596.
Post 8367787 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
Or am I being naive for considering this the most likely reason for what we're seeing now?
Just in case it's not a rhetorical question: No, man, this is happening on multiple exchanges, so whatever we are seeing is real. Of course, there are some who can't accept reality when it doesn't suit them and will try explaining it away with conspiracy "manipulation".
reality is manipulated.
597.
Post 8367890 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
There's a simple question: If over the course of a couple weeks, supply (BTC) increases and demand (USD) decreases, would you have us not adjust prices because that would be "manipulation"?
Also, if manipulation is so easy, why aren't the Winklevosses or other large holders who are no longer accumulating doing their own manipulation upwards?
It's really getting pathetic, guys.
"Manipulating upwards" like you say would not be really profitable for them right now tbh. What is the point of eating asks and asks when you can almost double your whole stack of BTCs rebuying lower?
And how would they "double their whole stack" if the Winklevosses are holding 6 digits of Bitcoin? What's on the exchanges is absolute peanuts to them. They have no more interest in accumulating more since they bought it all at double digit prices.
having the price that low also impacts off exchanges deals. +i dont think 3-4millions BTCs is peanuts. there is no incentives to make it break prev ATH for now. we are still in accumulating phase. and people out there want a piece of that cake before it sets off for stratosphere.
598.
Post 8368184 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
The truth is, at
every large sell, you'll be hearing manipulation screams here. So what are "legitimate" sells? Bitfinex pigs getting slaughtered to the tune of 8 million USD within 2 days so far is manipulation I guess?
That's enough of me pissing against the wind, oda.
True , crying manipulation whenever the price isn't going the way you want it to is just plain stupid.
Agreed.
BS its manipulation all over ups and downs. good part is bitcoin is set to succeed. but still.. freaking manipulation. now deal with it. embrace it.
599.
Post 8368226 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
+1 and its far from the only article worth the read from him.
600.
Post 8368532 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
Is it so difficult to understand that this downtred is both natural market behavior because of various factors AND huge manipulation by whales "while we're at it"?
Thats the thing, manipulators taking advantage when they can. market isn't exactly confident, hasn't been for months, now is the time to do this and its being done...
yes, and there is no point rushing things up. bitcoin is going to stay for the next couple decades at least. better wait for everybody back from holidays to make the next pump and now pushing the price down to shake weak hands and accumulate moarrrr.
601.
Post 8368608 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
winner winner chicken diner
602.
Post 8369369 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
screw rept, all hail to lucif! ^^
603.
Post 8386021 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
I dont think its him, he just linked the thread.
If its legit - toppest lol, this is shady as fuck.
yea, not him. i believe he has more anyway. ^^
GG for BTC-e! Thats better, me who almost thought exchanges turned
honest.
604.
Post 8389478 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.05h):
Interest drying up in bitcoin. Look at Google Trends for confirmation that interest is going lower every month!
http://s13.postimg.org/czmtjng7r/nointerest.jpgThe last time interest was this low was summer 2013, which means fair value of 1 bitcoin is < $200!
TO THE MOOOOOON!!!!!1!
indeed, google trends follow bubbles. not the opposite.
605.
Post 8408743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.06h):
down
cool site, like the visuals
606.
Post 8410746 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.06h):
607.
Post 8463617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.07h):
608.
Post 8474142 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.07h):
monkey happy. some turbulences here and there but nothing to be scared of really.
CCMF!
609.
Post 8474812 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.07h):
Bit License comment period extended another 45 days. Anyone think this is having any real impact as far as holding the price back?
yes, they are buying more time to come up with bureaucratic bs and to save face because they know that once it's over, well its over. and ccmf we gaoo
610.
Post 8475273 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.07h):
This Bitlicense thing is serious business, until this is not resolved (same with the Winklevoss ETF) we are not gonna go anywhere (no new rally).
As somebody already said, that shit could crush the cryptocurrency industry before it is even truly born.
Why are you even so eager to see BTC going to new highs? if you are so bullish,
why don't you just accumulate at this prices and lower?What's the point of wanting the moon already?
Have patience, you'll need it
we dont have time!
we all know who want the prices so low so they can fill in their dirty paperdollars and have a nice bucket of bitcoins so they can fuck up the market again.
we are giving the edge to the hedge funds.
and then who is going to end up plucked?
611.
Post 8487787 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.08h):
612.
Post 8488027 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.08h):
dont spread fud.
I had some 4 figures withdrawals this week and had no problems. they actually were this time quicker. but I am not a business.
This is the best kind of FUD. That is, the bullish kind.
mehehe
For your own safety we recommend all employees to refrain from mining, purchasing or selling Bitcoins
do bankers mine?
613.
Post 8542244 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.08h):
614.
Post 8549594 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.08h):
But I have a different explanation for why the E plot is basically "flat". (I don't recall whether I posted this already, sorry if I did). Its current value, about 100'000 BTC/day (50 million USD/day), seems way too big to be actual payments (bitcoins changing hands). Consider that Bitpay claims to have processed only 100 million USD in 2013, when the total E volume, eyeballing from that plot, was at least 3000 million USD. While there must be a lot of BTC payment that does not use Bitpay, the
ratio >30:1 seems excessive.
Ok, well, if even JorgeStolfi is dismissing this report, then I have to say it must be total BS
Note that JS uses Bitpay figures from last year against today's volume. Very misleading, since the number of available businesses has gone up by a magnitude or 2 this year.
Also, I have spent $8,000 using btc in the last few months. As far as I can tell, none of the businesses used Bitpay (Expedia, for example, uses Coinbase).
still, coindesk is BS.
615.
Post 8582910 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.09h):
616.
Post 8603966 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.09h):
617.
Post 8666997 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
618.
Post 8685259 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
Watch this space closely, there's some serious smoke emanating from the JPMorgan Chase data centers ... I've been following this for a while and piecing the bits together it looks like JPMorgan might be effectively pwnd, and perhaps a targeted attack by a geo-political enemy. Given JPMorgan is the commercial arm of the Federal Reserve acting in the markets (or vice versa) it's significant far beyond the headlines letting on
http://www.bloomberg.com/news/2014-09-05/jpmorgan-had-exodus-of-tech-talent-before-hacker-breach.htmlThe breach went undetected until mid-August, months after hackers initially exploited a flaw in the company’s website to gain entry to internal systems,
‘what the hell is inside of us?’
There is a war between JPM and GoldmanSachs. I dont see JPM as FEDs arm. If one it would be more GS. Friend of mine working in quants in JPM in london told me they are under constant pressire because of GS.
Edit: and just by checking the list of bankers "suicides" you can clearly tell who is loosing that war... ^^
619.
Post 8691716 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
we had some news that EUR is going to be inflating, and the run up it caused in BTC has been Completely negated ASAP (24hours)
this is really shitty. who's this bear and why doesn't he seem to care about the price he gets.
Nothing was negated tbh, there was no huge dump or even big one. People backed off as soon as few hundred coins were sold. People are just scared as they got owned several times in last few weeks.
The only way this could rise is if some big boys decide to screw shorters.
Problem is big boys are all accomplice.
620.
Post 8692273 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
621.
Post 8692465 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
rofl
edit: but on a more serious note, i'd say it would tend to impact negatively bitcoin's adoption rate.
622.
Post 8692834 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
How it is related to
BTC?
It is about traditional digital payments, using credit cards and stuff.
I thought it would be Apple developing their own crypto or something
Someone should make a flowchart of things that trigger panic sells.
-Is it about Bitcoin? Yes/No
+No: Is it about moneys? Yes/No
+Yes: Is it skary? Yes/no
+No: Does the article mention furry creatures? Yes/no
+No: SELL!
You need to be one with the bears, my friend.
Well im not being a bear, just thinking that it may slow down even more bitcoin's adoption rate by sending all the sheeps (sadly the majority) away from bitcoin and locking them for good with visa, mastercards et al.
Apple may own 42% of the 173 million U.S. smartphone users
623.
Post 8699943 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
What do you guys think about the measures taken by Mario Draghi? (About Euro)
Good, bad, whatever, euro is doomed anyway, (and worthless - ie. 0,05% interest rate). Plus, BCE buying up credits is just another foolish attempt at sustaining the current statu quo.
And sources told me they will start QE in 2015. It's because of such blatant fraud and incompetence I will always be a bitcoin bull deep down. I can smell it in the air, we are going to the moon sooner or later.
624.
Post 8700089 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
What do you guys think about the measures taken by Mario Draghi? (About Euro)
People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the '
final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.
You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.
625.
Post 8700180 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
What do you guys think about the measures taken by Mario Draghi? (About Euro)
People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the '
final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.
You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.
So what? Additional economies in an developing region! I wouldn't necessarily call this bad! I think the Euro can be very very successful because it's a currency in most of Europe! A lot of different countries work and contribute to its success!
Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem: who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people. It's plain stupid to put in the same monetary basket so many different economies. just saying.. + the fall of the dollar (as we at least agree on this point) is certainly going to affect the euro as in dominos, just like in 2008. Both systems are too bond to survive without the other, with all their shadow banking etc..
edit: and brits are much clever than US and EU. Why do you think they kept their currency?
edit: like i said, just another lame attempt at plugging the holes of this defaulting occidental financial system. last recourse: QE (& trap as many stupid countries as you can before it blacks out). too big to fail isnt it?
626.
Post 8700225 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
...I can smell it in the air, we are going to the moon sooner or later.
That's not rocket fuel you smell, hdbuck. That's the stench of despair
nope, bitcoin to da moon.
and then to mars.
edit: and AM comes along too
627.
Post 8700375 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
About East Europe: they are perhaps the piece of land with the most unrealized economic potential on the whole planet.
Sure, but the euro is going to drain it all away from the people there..
Come on UK, join us
wasnt there a debate about simply leaving the EU recently?
628.
Post 8700557 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem: who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people.
The exchange rate is irrelevant, what matters is whether banks and government can survive without issuing new money. (The Italian lira was worth a fraction of a penny when Italy switched to euro, yet
Italians did not suffer more than Germans with the conversion.)
Hum serioulsy wtf, you live in brasil right? You can talk about south america i wont argue with you but this comparaison between germany who had the deutschmark exchanged at approx 1/1 with the euro and the lazy italians with their pizza currency is foolish. They had it much worse, just look at their god damn situation right now. And believe me italians are pissed with this euro.
and brits are much clever than US and EU. Why do you think they kept their currency?
What?!? But... they eat boiled tomatos at breakfast, and spread mint jelly on their meat...
Cant agree more im french but taste has nothing to do with monetary sovereignty.
edit: i was telling this in some other thread but since it's relevant, a heard that in portugal (hello euro), the saving accounts in Espirito Santo that were inactives for the last 2 years had been half-cleared.
629.
Post 8700699 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.10h):
And believe me italians are pissed with this euro.
I'm Italian and i'm not pissed with the Euro. And i'm not lazy either. I like playing pasta and eating mandolinos.
sure ^^, i love pasta pizza and mandolinos, the lazy thing is some regular caricature we french have with mediterranean people and their compulsive nap time, sorry, nothing personnal
but i maintain that italians are in majority pissed about the euro/EU. kinda same as they were with berlusconi.
630.
Post 8718193 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.11h):
631.
Post 8773561 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
sheeps.
632.
Post 8795800 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
READ EVERY POSTS BEFORE TALKING TO JAYJUANGEE
^^
633.
Post 8796065 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
Has the
3400€ bitcoin sales on btc-e been cheered upon before?
Personally, i am deeply moved by this.
edit: hell, i'm just going to leave an ask at 10 000€ now ^^
634.
Post 8796341 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
Hey folks. Could you please stop quoting TrollGuanGee with his walls of text.
Thank you!
+1
635.
Post 8796584 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?
That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.
Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.
636.
Post 8796642 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?
That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.
Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.
You mean the
one dumper? The
one who tries to enslave us all?
http://img1.wikia.nocookie.net/__cb20130815191502/lotr/images/0/01/Sauron_copy.jpgDont flatter yourself. You are just entertaining at best.
637.
Post 8796786 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
I'm seeing a disturbing trend of many bearish posts and topics being deleted and banned by the moderators here. How do you expect to have an open conversation about bitcoin if people are allowed to write "omg!11eleven!1 bitcoin to $1 million by 2016!!" but if fallllllling or whoever writes that it's going to drop in value, he gets banned?
That's seriously fucked up. Especially since he's been mostly RIGHT for weeks.
Im not calling this being right. He is just stating the obvious. No one has a clue, at these levels, dices tend to get rigged. There is just too many threats and opportunities. However, i believe bitcoin is intrinsically meant to succeed. It will only take a heavier consensus to get rid of the parasitic attempts at manipulation.
You mean the
one dumper? The
one who tries to enslave us all?
http://img1.wikia.nocookie.net/__cb20130815191502/lotr/images/0/01/Sauron_copy.jpgDont flatter yourself. You are just entertaining at best.
Exceptionally I was not flattering myself. I'm not this one dumper, though following the wall observer logic I only had to buy one coin in a support wall (cause it's always one guy's wall) to be a gigantic whale!
people with one coin will soon enough be consider a whale.. ^^
638.
Post 8797020 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
people with one coin will soon enough be consider a whale.. ^^
then what will the current whales be considered? Moons?
well, theoretically, they would reach their cashing-out bearing point and hence be a bit more diluted (except for the large corps/funds/etc that will emerge) before we are all whales.
639.
Post 8797427 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
Does anyone have any thoughts about the CFTC approving bitcoin swaps/derivatives trading?
It is my understanding that derivatives allow betting on the direction of an instrument, but do not involve buying or selling said instrument, instead being simply derived from it. Does this mean it will be used for hedging, to reduce volatility etc? Does this mean it cannot be used to push the price around? Could such derivatives soak up institutional liquidity headed directly for btc or COIN?
Is this good or bad for btc?
I am not that found of over-instrumenting. I tend to be more and more skeptical with adding layers and complexity to genuine store of value. Call it the Bitcoin effect
But we still can use the advertising i guess.
edit: And if some people are still willing to throw some bags at it.. hell, it means there would be more
real coins for the rest of us. ^^
640.
Post 8797588 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
641.
Post 8797926 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.12h):
the whole scene is depressing... the order book looks really scary... and regardless of the good news and developments people are not showing any real interests which really amazes me.
Could also be the fact that most new people getting involved with bitcoin tend to use other channels? Exchanges being invade with bots and the KYC procedures is killing them somehow.
Are there numbers for bitcoin-otc or all the ATMs worldwide?
642.
Post 8840053 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
Raystonn thinks Scotland will vote for independence Thursday causing a buying frenzy
I assume buying frenzy for bitcoin. I don't see the link though. Why will an independent Scotland cause a buying frenzy for bitcoin?
because bitcoin
is independence
643.
Post 8847826 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
I remember the good old times when the price doubled on a mere mention in Forbes magazine. That was in 2011, and the price was $3.
It's not even that unmotivated, if you think about it.
Back then, Bitcoin was fighting for even the
slightest chance at recognition, and even just awareness. A mainstream article was enough for that.
Next was merchant adoption. Took a while, but it looks like Bitcoin is on track in that respect. Makes sense, as well: there's a good, solid financial incentive for merchants to favor Bitcoin over legacy payment systems (assuming they put a processor like Bitpay in between).
Now that that one is settled, more merchant adoption (short of amazon.com) doesn't seem to move price up much anymore.
So, big question to the audience: what's the next "unresolved" question (as in: something that the market still reacts to)?
I have a hunch
Totally agree with you. My hunch? Getting Bitcoin tradeable on every real world broker, aka ETF.
Other than that, Bitcoin is IMO still searching for a "killer app". I don't know what future ones could be, but since Silk Road and SatoshiDice I haven't seen much that motivates people to use Bitcoin over fiat for transactions.
We just need moar merchants to accept BTC.
644.
Post 8850713 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
RLabs' next step: cash out
645.
Post 8851898 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
dont think it would be
this one..
646.
Post 8863809 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
Gogo Scotland! less than 24h, i am holding my breath.
Show to teh world we can cut loose with those filthy banksters! ^^
647.
Post 8865974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
It appears the heavy hitters are pulling out of BTC and going into Alts such as PPC and NMC and others as of late...
So they exchange BTC for FIAT and buy alts?
I don't think so.
There are not many alts for sale in fiat.
Most of them can be bought for BTC or LTC
Nope they are selling BTC for PPC and NMC right now. USB/BTC arb bots are doing the rest...
USB?! ^^
my my, truly amazing dat PPC pump.
https://bitcoinwisdom.com/markets/btce/ppcbtc
648.
Post 8870474 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
have we hit despair yet? no?!
down down down your boat down below the sea.
whales are here and whales are there squeezing little sheeps.
649.
Post 8870646 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
have we hit despair yet? no?!
down down down your boat down below the sea.
whales are here and whales are there squeezing little sheeps.
I do sense more and more despair. If the price does not rebound soon, expect even more despair.
There should be a bottom somewhere, we can't keep falling forever
We need a big nice drop in order to build up a big momentum for the next rally.
The lower we go, the higher we will go too!
Come on peps, cry, whine, and sell sell sell! Bitcoin is done!
650.
Post 8874302 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
651.
Post 8877163 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.13h):
Meanwhile Investopedia writes about bitcoin's intrisic value:
Our total estimate for global value of mediums of exchange and stores of value thus comes to 72.1 trillion US dollars. If bitcoin were to achieve 15% of this valuation, its market capitalization in today's money would be 10.8 trillion US dollars. With 21 million bitcoin in circulation, that would put the price of 1 bitcoin at $514,000. That would be over 1,000 times the current price.
http://www.investopedia.com/articles/investing/091814/what-bitcoins-intrinsic-value.asp Dont bother the prices on the shady public exchanges with barely 20% of btc in circulation.
This is just the hedge funds with their millions squeezing y'all and massively buying cheap coins from the farmers.
652.
Post 8879129 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
my first bid on
btc-e is @135$
edit: and then all the way to 99$
653.
Post 8879460 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
654.
Post 8880857 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
YouGov on the day exit poll
=
ie Prediction = YES 46%, NO 54%
Looks like David may not be getting that early morning call from the Queen.
"David!! absolute fucking twat... you just lost Scotland... how does a PM lose a country? even Tony managed to not lose a country, unless you count Iraq....
I am so fucking mad I just kicked a corgi down the stairs........ twice... Say goodbye to your family.... I am brining back torture in the tower!"
or something along those lines...
bitcoin is good.
bitcoin is independence.
independence is good.
655.
Post 8904026 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
656.
Post 8904056 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
My opinion remains the same: at the very least, we revisit $380... More likely, lower.
Still too much selling pressure and not enough buyers. IMO.
trader logic: if it went this high it can go that high again and even higher, or if it goes this low it can go that low again and even lower.
bitcoin is extremely volatile because it is trader heavily on this kind of logic.
so i have to agree with you
380 and maybe even lower, is a strong possibility
i set my bids on stamp between $360 all the way to $260 (prev ATH)
i set my bids on btc-e between $260 all the way to $100 (cuz its btc-e)
657.
Post 8904097 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
I voted "disagree" on the poll, because i believe there is more HODLING and real economic activity ( BTC is chasing all kinds of goods services, altcoins, bitcoin company stocks ... etc..) then ever b4. the BTC/USD market just dosnt have a big enough float to paint this "high volume" bottom. we'd need some truly horrific news to see this happen, blokchina.info bugging just dosnt cut it.
@stolfi: its always the chinese.
658.
Post 8904211 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.14h):
I voted "disagree" on the poll, because i believe there is more HODLING and real economic activity ( BTC is chasing all kinds of goods services, altcoins, bitcoin company stocks ... etc..) then ever b4. the BTC/USD market just dosnt have a big enough float to paint this "high volume" bottom. we'd need some truly horrific news to see this happen, blokchina.info bugging just dosnt cut it.
@stolfi: its always the chinese.
You said it.
I think you may be right tho this time:
Even the Wall Street Journal is considering this rumor:
http://blogs.wsj.com/moneybeat/2014/09/19/bitbeat-more-pain-for-bitcoin-prices-are-chinese-miners-to-blame/Excerpt: "
Still, it is the China theory– and it is only a theory — that is most intriguing, in part because it explains a striking anomaly in the bitcoin system: That the summer-long price fall has coincided with an explosion in bitcoin mining. Over the same three-month period in which the price dropped from above $600 to below $400, there has been a doubling in the “hashrate,” a measure of the network-wide computational power with which bitcoin miners compete to solve a mathematical puzzle and win the right to a fresh issuance of 25 new coins at 10-minute intervals. There’s an arms race going on in bitcoin mining. But that begs the question: why would anyone rush to buy mining rigs and pay for ever-greater electricity consumption when both the proportional share and value of the bitcoins you can earn are plummeting?"Mining company killing the competition.. ^^
659.
Post 8910920 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
It's a slow day today relative to the past few days, so just something to think about:
We all know that due to the QEs, the major countries like the US, the EU and Japan are printing massive amount of money. As a result, these governments carry with them huge burden of debts which some think that there is no way of repaying.
The smart people in the government of these countries must be thinking how to solve this problem. Because there is no way to repay this massive debt within the financial system (as we know it), the debt must be repaid outside the system. What is outside the system, you ask?
The debts are denominated by the respective country's currency. Bitcoin or other cryptocurrency exist outside the system. Hypothetically if the government is the Satoshi, and eventually, the world uses Bitcoin as the global currency, there would be no problem for the government to repay its debt because by that time, country's currency would be worthless and the government would have become the single largest holder of bitcoin.
This is purely speculation. There is nothing to support the hypothesis.
I am not sure if the US politicians are smart enough to seek the Bitcoin opportunity and I very hope that they don't anyway. Leave it to the people.
The New American Economic Miracle:
https://www.youtube.com/watch?v=N7PpdYil-7Y
660.
Post 8911760 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
snip
I agree that fundamentals are strong.
But the technicals are very bad and even if fundamentals remain strong, prices can go down a lot moreThe fundamentals are strong outside China. But unfortunately most BTC trading is still in China, and as long as the
PBoC's stance on BTC doesn't improve, for the Chinese BTC is a sort of digital tulip bulbs.
Yes, the functionality of bitcoin is totally dependent on the Chinese.
Thank god there are Chinese people on this earth, without them the world would stop spinning.
/s
1,357 Billion Chinese people & Discuss Fish is now n°1 mining pool
gogo China?! ^^
661.
Post 8927288 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
662.
Post 8936715 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
663.
Post 8946130 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
The day i cash out my
BTC i will look like this:
...while telling my friends:
"I fucking told you"huge trolololololo
thx for the midnight laugh ^^
664.
Post 8951037 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.15h):
665.
Post 8992446 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.16h):
666.
Post 9027630 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.17h):
Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)
it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.
There is nothing to replace ASIC. Old asic are replaced by new ones, but asic is still in the game.
the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.
let the cloud hashing in large data farms now commence....let the fleecing begin! the top is being wound up for the next spiral up as we speak imho
yup, large mining farms corporatives will take on. welcome in the Exahash Era
667.
Post 9038443 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
someone say moon?
ps yeah that was a wall of text
LOOOOL
What the hell is this gif? what is the guy trying to do? LMAO
It is a part of one of the weirdest contemporary dance shows that the wolrd has ever seen... if you want to see it then here is the link....
http://youtu.be/FbuluDBHpfQIt is the kind of thing that I would have love to have gone to, when I was younger and taken mushrooms and just lost my marbles laughing at (30% laughing at the show, and 70% laughing at the fact I am laughing whilst surrounded by hundreds of serious patrons trying to get their serious on)
Enjoy...
(ps I like the two ladies that are like stags fighting, while the weirdo on the skateboard thrusts on by....by like I mean it normally makes me lose my shit and start cracking up)
up up up
668.
Post 9040755 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Not sure what the dumper wants to achieve? Market is oversold...
Bankruptcy by the looks of it, totally unsustainable and the markets are either laughing at it and soaking up the discounts or got bored and gone elsewhere. Another couple of months of this and they'll have the markets to themselves and just be a source of coins, asks aren't coming in so I guess
folks are going otc with their coins already.This. I stopped using exchange plateforms as I did not want to be traceable with my bank accounts et al.. Every people i help getting bitcoin is with OTC channels and bitcoin ATMs. Online exchange plateforms may not hold their promise as they have totally abusive KYC processes. Anyway, they barely represent 1/4 of the total bitcoin in circulation and they may even not survive if they keep on giving up to the states and politics.
669.
Post 9040797 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Not sure what the dumper wants to achieve? Market is oversold...
Bankruptcy by the looks of it, totally unsustainable and the markets are either laughing at it and soaking up the discounts or got bored and gone elsewhere. Another couple of months of this and they'll have the markets to themselves and just be a source of coins, asks aren't coming in so I guess
folks are going otc with their coins already.This. I stopped using exchange plateforms as I did not want to be traceable with my bank accounts et al.. Every people i help getting bitcoin is with OTC channels and bitcoin ATMs. Online exchange plateforms may not hold their promise as they have totally abusive KYC processes. Anyway, they barely represent 1/4 of the total bitcoin in circulation and they may even not survive if they keep on giving up to the states and politics.
How are we going to price it then?
i dunno, i mean, i guess people can price their bitcoin accordingly to the demand in their personal location?! why always this urge to centralize everything? people are free to buy (sell) or not bitcoin, at whatever price that suits them. let the market be free, and not chained to online exchanges, shadow banking style.
670.
Post 9048118 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.
I mean that QE stimulus buying of the bonds and propping up the demand is keeping the price of the bonds up and stimulating demand, but is also keeping the yield low.
I mean that they are effectively borrowing from peter to pay paul.
I mean that the current situation is not sustainable in its current state, not in the US, not in Japan, UK, Canada, not in Eurozone at large but especially Portugal, Italy, France, Spain, Greece, and also as it goes not in China it seems either.
I mean that propping up the markets and the bond markets cannot go on forever.
However I also mean removing the stimulus will increase the supply of bonds on the open market, and due to less buying at real levels, and increased supply there will be less demand and the prices will fall, which will lead to the yields on the treasuires having to increase to entice demand, and they can only go so high for so long and be "sustainable" for a government, once you get over 7% you are on rocky ground. Conversley the higher the demand for the bond on the open market, the higher the price of the bond, and the lower the effective yield is.
I also mean that low interest rate cheap easy money cannot go on for ever, and weaning the system off of this meddling will have consequences.
I mean that the debt is out of control, and "printing" out of it has never worked out that well for any country.
I mean that the underlying base of our monetary system is flawed.
I mean that as is the nature of the beast there are cycles, and we are due a down cycle, and I do not think the piper has yet been paid for the past 20 years worth of recklessness.
I mean that eventually the music always stops, as it always does, and people rush to perceived safety...there is a risk people see US bonds (Jpy Bonds etc) are more risky than in the past (safer than many things still though, for now at least) there is a risk that they are just less attractive to investors.
I mean that investors and nations might already be holding too much US denominated debt...and be having their own problems.
I mean we are not alone on this world and our economies are all interlinked, and that the games being played which are systemic, will have systemic consequences when it goes wrong.
I mean that a nation will eventually if they keep playing this game without addressing the underlying problems, default, when there is not enough money to take from peter to give to paul. (maybe that is the whole idea)
I mean that things go wrong (or maybe even right as the case may prove to be)
I mean that perpetual debt growth in the manner we have seen in the west in the past 20-30 years is insane.
I mean that confidence in the current system is in question.
I mean we are being played like violins...
I mean that these games invariably lead to consequences for the average joe, no matter how they pan out, be it crash or contraction.
I mean that either the problems need to be addressed, and therefore some has given, or the consequences will have to be paid, which will also mean something has given, or they need to change all of the rules...and the system itself which again means something has given.
I mean there will need to be changes... because the situation cannot carry on in this manner, and there will likely be some pain no matter how it goes down.
I mean there is time and there is timing... but there is also kicking the can down the road, in the face of total uncertainty on how to resolve the issues at hand... they are not in a hurry, and therefore are likely to not do anything that soon.. meanwhile people and other countires grow impatient and have designs of their own. Maybe forced evolution will be the answer.
I mean..
The universe is racing towards heat death.
Awesome.
671.
Post 9048170 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
2006 documentary.. welcome in teh future:
672.
Post 9054084 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
673.
Post 9054463 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
bitcoin truly is the honey badger of money. it doesn't give a shit. it just takes what it wants
674.
Post 9054507 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Ok big dumps came sooner than expected.
Support now is weak.
If we see real panic in a few hours I wouldn't be surprised.
Going down.
Man with open short contracts predicts large price falls..
Support is weak? 8000 coins to 2000 cny, 6000 to 2600 on huobi. Perhaps you know something we don't about the orderbook.
Orderbook doesn't mean a lot tbh, it was 5k to 2300 15 hours ago.
I was expecting a bounce to 410-420 but this looks very bearish.
675.
Post 9054570 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Stocks and commodities are crashing. USD remains strong!
rofl even gold is crashing.. every asset is collapsing except the magic dollaaa.. ^^
FED be like:
676.
Post 9057111 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
677.
Post 9064058 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Starting to understand this bearwhales motivation now, its been cool watching HSBCs shares go down the shitter and now JPMs too
October's
great fest.
I'll cheer to that ^^
678.
Post 9068040 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.18h):
Bitcoin immersion cooled mining container ready to rumble...
679.
Post 9089115 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.19h):
TROLOLOLO DAT DUMP
680.
Post 9089969 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.19h):
when my shorts became my mankini
681.
Post 9129318 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.21h):
Even though bitcoin is volatile, it's still safer than the national currencySoon in your country
This is it.
682.
Post 9150907 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
683.
Post 9165968 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
684.
Post 9166249 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
miss that dude :
https://bitcointalk.org/index.php?action=profile;u=24670Bitcoin is not a payment network
Published on Wednesday 25 June 2014 in English
Tags: bitcoin, bitpay, cash, coinbase, inflation, obligatory trilema whoring, on n'accepte pas les chèques.
Bitcoin is often presented as a payment network.
I think this happens because it is more convenient to ignore the more politically controversial aspects of Bitcoin.
After all, everyone agrees that credit cards suck. You’re basically giving your private key to entities so they can charge you what they want; fraud is very high and the fixes are inconvenient two-factor authentication systems. When you’re used to Bitcoin, where you only sign transactions, this is laughable. Merchants also enjoy the certainty of no chargebacks and small entities do not get fucked by bank fees.
So Bitcoin does all of this better than credit cards, however, it is mostly because the state-backed banking monopoly and the mountain of “regulations”.
There’s no reason we could not have payment systems with instant payments, policies against chargebacks, secure transaction signing, etc.
Ripple is actually quite close to that, if you ignore their own altcoin bullshit; but I doubt Ripple would survive regulation if it ever becomes too popular.
Bitcoin detractors that interact with the poorly informed “bitcoin community” will retort that Bitcoin has many issues as a payment network, and they will be right.
If you only want buy stuff, the price fluctuation risk is incredibly annoying. Of course, that’s what Coinbase wants you to forget, because they always try to fuck you on that aspect. They’ve even automated the fucking2.
Critics will also say that it does not scale. The blockchain as a payment network truly cannot handle the transaction volume of, say, Mastercard.
Unless you are bitcoin-rich, or have a bitcoin income, there is very little incentive to use Bitcoin to buy things online. So while merchants accepting Bitcoin take very little risk as payment processors give them the exact fiat amount they want, I do not think they get much volume from bitcoiners. MP goes as far as to say as payment processors are “not in Bitcoin”; I disagree, in the sense that payment processors are exchanges3. While those payment processors have no business long-term, they are very useful in the short term.
Decentralization is a compromise. Bitcoin as an ubiquitous payment network will not happen on the blockchain, and it will likely be through centralized services. The future of Bitcoin payments is to use the blockchain as a clearing house tool and for long-term savings, and there’s nothing wrong about that.
Because what Bitcoin really is is digital cash and digital gold.
Bitcoins are an extremely secure, unseizable asset that you can actually own; unlike how most fiat currency is used, bitcoins in your wallet are a not debt to you and are not exposed to fractional reserves.
It is much more convenient to hold and secure than fiat cash, and fiat cash only works in physical transactions (and is sometimes not even allowed).
Moreover, its limited supply is anything but a random choice; it is a clear message against governmental central banking policies. And it’s not so that it is deflationary, it is more that the monetary policy is known in advance and impossible to change. Bitcoin with an constant but reasonable inflation4 would not be so different.
And this is what we have really been longing for.
http://pankkake.headfucking.net/ps:
hoarders are the real heroes
685.
Post 9166593 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
Can we just limit bitcoin mining to something only standard GPU's can do?
Or at least something everybody with a PC can have a reasonably even share in?
I loved bitcoin years ago because I used to mine myself, and even with only a little reward, it helped me understand it all. But today it is silly unless you can invest 6 figures +++.
And as we push to even faster ASICs there seems to be a trend of centralisation being set up in the bitcoin mining, where one person/group can own a large chunk of hashing power, and this is only getting worse over time.
With this added centralisation comes the added risk of malicious actors and a distrust in the very verification process that is so sound and secure.
Are we looking for a solution to this or is the consensus that it is either inevitable or not a threat?
trust lays in the most powerful network.
250 Ph is not bad.. but bring on the Hexash Era.
686.
Post 9166729 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
trust lays in the most powerful network.
250 Ph is not bad.. but bring on the Hexash Era.
exa
687.
Post 9166962 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
miss that dude :
https://bitcointalk.org/index.php?action=profile;u=24670Bitcoin is not a payment network
Published on Wednesday 25 June 2014 in English
Tags: bitcoin, bitpay, cash, coinbase, inflation, obligatory trilema whoring, on n'accepte pas les chèques.
Bitcoin is often presented as a payment network.
I think this happens because it is more convenient to ignore the more politically controversial aspects of Bitcoin.
After all, everyone agrees that credit cards suck. You’re basically giving your private key to entities so they can charge you what they want; fraud is very high and the fixes are inconvenient two-factor authentication systems. When you’re used to Bitcoin, where you only sign transactions, this is laughable. Merchants also enjoy the certainty of no chargebacks and small entities do not get fucked by bank fees.
So Bitcoin does all of this better than credit cards, however, it is mostly because the state-backed banking monopoly and the mountain of “regulations”.
There’s no reason we could not have payment systems with instant payments, policies against chargebacks, secure transaction signing, etc.
Ripple is actually quite close to that, if you ignore their own altcoin bullshit; but I doubt Ripple would survive regulation if it ever becomes too popular.
Bitcoin detractors that interact with the poorly informed “bitcoin community” will retort that Bitcoin has many issues as a payment network, and they will be right.
If you only want buy stuff, the price fluctuation risk is incredibly annoying. Of course, that’s what Coinbase wants you to forget, because they always try to fuck you on that aspect. They’ve even automated the fucking2.
Critics will also say that it does not scale. The blockchain as a payment network truly cannot handle the transaction volume of, say, Mastercard.
Unless you are bitcoin-rich, or have a bitcoin income, there is very little incentive to use Bitcoin to buy things online. So while merchants accepting Bitcoin take very little risk as payment processors give them the exact fiat amount they want, I do not think they get much volume from bitcoiners. MP goes as far as to say as payment processors are “not in Bitcoin”; I disagree, in the sense that payment processors are exchanges3. While those payment processors have no business long-term, they are very useful in the short term.
Decentralization is a compromise. Bitcoin as an ubiquitous payment network will not happen on the blockchain, and it will likely be through centralized services. The future of Bitcoin payments is to use the blockchain as a clearing house tool and for long-term savings, and there’s nothing wrong about that.
Because what Bitcoin really is is digital cash and digital gold.
Bitcoins are an extremely secure, unseizable asset that you can actually own; unlike how most fiat currency is used, bitcoins in your wallet are a not debt to you and are not exposed to fractional reserves.
It is much more convenient to hold and secure than fiat cash, and fiat cash only works in physical transactions (and is sometimes not even allowed).
Moreover, its limited supply is anything but a random choice; it is a clear message against governmental central banking policies. And it’s not so that it is deflationary, it is more that the monetary policy is known in advance and impossible to change. Bitcoin with an constant but reasonable inflation4 would not be so different.
And this is what we have really been longing for.
http://pankkake.headfucking.net/ps:
hoarders are the real heroeshit the nail on the head. this has been my thinking for awhile.
if you agree with that thinking, you should take a look at his *edited post history... ^^
688.
Post 9166983 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
I´m here. I will pump this fucker to the moooon in the next hours. You have been warned.
689.
Post 9167174 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
Markets getting hot! Oh yeah
Ready to rumble.
690.
Post 9167487 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.
Hi new in here:
How much money you have? Are you invested in other assets? what's your timeline, goals and risk profile?
Seems a bit strange that you have already managed to acquire 30BTC, but you seem to have little clue about whether to buy more and accordingly be able to assess your own view of probabilities regarding BTC's future price performance?
ARe you trolling us, new in here?
wow. just wow.
691.
Post 9167730 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
How high will it go? There is plenty of posts on the speculation threads to get an idea of what many people believe. However, the consensus seems to be on the next rally we will hit $5000 or so. The question is how long do we have to wait for the next rally!
That is the consensus only among those who think that the next rally will hit 5000$ or so. There are other opinions. Even doubts that the price will ever get to 1000$ again.
692.
Post 9167973 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
693.
Post 9168344 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.22h):
Price is not important. Just look at the volume.
It looks like a lot of huge bagholders have sold in the last months after they realized that it´s dead and probably won´t get another pump?
it went to 2nd market cap, from $40m to $140m,
but without a real price increase
694.
Post 9168751 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.23h):
By the way bitcoin is not more a store of value than ripple... seriously...
well there at least seems to be a conscensus. ^^
695.
Post 9168811 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.23h):
https://xrptalk.org/topic/4156-email-from-justcoin-about-their-hacking/"A network-wide weakness in how both Ripple and Stellar communicated transactions was exploited by an unknown third-party to to deposit false IOUs through Ripple/Stellar to Justcoin. These were consequently withdrawn to their own payment networks as native currencies. The result was that our hotwallets were emptied. Most of our customers' funds is in cold storage but the amounts were still significant. Justcoin will not operate as a fractional reserve and therefore we decided to lock down all services affected until we had a solution ready."
Justcoin cannot and will not accept taking the responsibility for this weakness in the network. It is caused by a feature that is poorly documented and has been present in both Ripple and Stellar for a long time. Other gateways, exchanges and native transaction explorers have also been affected. There is also documented that the security vulnerability has been known by the network developers for at least 2 months without any kind of explicit and direct warning to affected gateways and other services. A thorough and technical explanation of the weakness can be read here:
https://medium.com/@...ld-29aaefd8a7ac .
696.
Post 9173876 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.23h):
fuck centralized exchanges.
im betting even more will shut down.
long live OTC.
697.
Post 9184566 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.23h):
Lol, if he thinks Apple pay is a threat he should stop writing articles and start reading thinks because he's obviously lost.
It's not the sharpest article in the shed is it
exactly why i dont like coindesk anymore.
typical overpaid nonsense.
those apple douche will never get it.
698.
Post 9187522 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.23h):
ok im about to do a €20k consumption loan to buy btc...
I want moarrrr MOarrrr MOARRRRR
699.
Post 9200697 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
Well, so much for the pump. The dump will follow shortly.
says teh prohpet
700.
Post 9200805 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
Well, so much for the pump. The dump will follow shortly.
If you really did sell all your coins, I don't know how someone could hold during a downtrend all the way to 275 and then sell everything when the things finally seem to be turning around and a new uptrend starting. You are too emotional to try and swing trade. You are going to be very sorry.
701.
Post 9200843 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
...
global economic recession is near, and even a noob trader can sense it. btw i have quit my position in stock exchange and wait for more good news from bitcoin.
Take us home, Satoshi!
Why the hell are they happy?
Because they, supposedly like us, have delusional ideas that make them happy even when the reality is ugly.
Meanwhile, in the real reality, lambchoppy is getting nervous about his shorts , but won't admit it
.
Meaniwhile, in the reality, lambchoppy is just like you. Just like you are like everyone in here. Because you are all like me: Bitcoin addicts.
Hence no shorts but the tiny borat's mankini that will be left if bitcoin fails.
702.
Post 9201435 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
703.
Post 9231640 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
Here's a possible reversal pattern from this long downtrend with some support/resistance lines.
To validate the pattern and go up further we need to break through the top line on heavy volume, heavier than the previous 4 green candles. If the market is extra bullish, we are almost to the resistance point. However, we may visit support on the bottom line, which is around $340. So don't get your panties in a bunch if we head down--if the pattern holds true we will head back up before too long... if the buyers are there.
Am I the only one who sees an inverted head and shoulders pattern?
704.
Post 9233617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
Why not post some convincing analysis that the price will fall further?
weekly BB down super low historical 3d MACD. mod linear chanels criss-crossed the alphabetagaga botnet with cup & handle cakes. soon. doom.
705.
Post 9234544 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
not even a year ago, i remember people insulting those saying $1k was possible...
706.
Post 9237575 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
So....
Ebola: Bullish or bearish?
bullshit
707.
Post 9239148 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
the price will have to go down soon.
Why??
if its going to reach his 120$ target it will have to go down...
come on bro it will hold $150 imho !
When you're dreaming, dream at large. Why not $10? I want to recover about 300 coins I've sodl back then...
I had a dream within the past the night before last that
Bitcoin went to zero... maybe we can call it a
nightmare??
...and then I woke up... and said to myself: "
F@@###kofojfsgdfg##!!@@CK!!!! glad that was just a dream." 
708.
Post 9243248 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
709.
Post 9244409 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.24h):
I dont see how this ETF, which allegedly aims at "stabilizing" the price, could possibly be bullish.
Or is it that deep down we just dont care about it and the people paying for BTC IOUs?!
Seriously, BTC ETF = Worst Idea Ever
If people think you are dumb investing in BTC, then what to call those investing in such ETF.
How is it that such stupid people have so much money to get rid of?
710.
Post 9246041 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
And fees are not yet mandatory, is that correct?
Nor should they be. The market should decide.
thought it was the miners (not the market) that could choose to deal with transactions that have fees prioritarily
711.
Post 9246227 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
And fees are not yet mandatory, is that correct?
Nor should they be. The market should decide.
thought it was the miners (not the market) that could choose to deal with transactions that have fees prioritarily
Yes. In this case, the miners are part of the market.
In my understanding, miners are above the market. They are somehow the new Moneylords. But eh, as long as bitcoin rise..
How is it that such stupid people have so much money to get rid of?
712.
Post 9246330 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
In my understanding, miners are above the market. They are somehow the new Moneylords. But eh, as long as bitcoin rise..
Users place a transaction on the network, without or with a fee (of whatever value), miners can choose whether to process that transaction (and obtain the fee) or not. Competition should ensure that the fee is kept as low as reasonably possible (miner collusion would be quite hard to orchestrate and barrier to entry is fairly low due to
lack of regulation)
Currently,
miners are mostly mining for the block reward which dwarfs transaction fees but as that goes away, properly providing a transaction fee will become more importantExactly, but as the large mining ops will also strenghten their position, centralizing the power of the network into a handful number of private corps (Bitfury, KNC, et al), they could eventually agree on a minimum fee, excluding other types of transactions, and then reajust such fee according to the margin they would aim.
713.
Post 9246412 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
Exactly, but as the large mining ops will also strenghten their position, centralizing the power of the network into a handful number of private corps (Bitfury, KNC, et al), they could eventually agree on a minimum fee, excluding other types of transactions, and then reajust such fee according to the margin they would aim.
They could. And then someone could come in and eat their lunch since one doesn't have to go begging (and bribing) to the government to obtain a license to mine.
hm alright i guess. havent though of it because i expect the amount of money to catch up with these corps would be just phenomenal. but eh, that QE chart surely helps to put things in perspective. ^^
714.
Post 9246507 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
Just a concerned desperate adult.
715.
Post 9246611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
News about the opening of a ETF in the middle of November sounds good. Finally, there will be a new flow of money
in bitcoin market 
edit: it wont go in bitcoin market, it will go in winkelwykies pockets via the old, failing and
traditional obsolete financial markets.
716.
Post 9246732 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
717.
Post 9246764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
... or else I may have to give you a hiding.
Ok dear, off you pop.
718.
Post 9246925 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
So have we decided to just avoid posting trains, CCMF, choo choos etc... until we at least hit $600 this time?
I think I am feeling rather skeptical. Hopefully that is a good sign.
im waiting for some cash to hit the exchanges so im not in such hurry ^^
719.
Post 9247435 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
^ why feed?
720.
Post 9248069 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
ask yourself if it is the house that is worth more or the fiat that is worth less.
721.
Post 9265841 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
Bitcoin CEO Spotted
nonsensikal
evrybody know that ceo of bitcoin is gavin anderson
no he is the CTO. satoshi is CEO.
722.
Post 9268068 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
"First Global Credit Customer Service Ltd., the UK based service division of the company, announced today that they have signed an agreement to work with London based financial industry expert DATAFORT to manage business continuity services for the company. First Global Credit, which allows people to use their Bitcoins as collateral to invest in mainstream stocks and stock markets, has done this as part of an ongoing plan to improve the level of service and security they provide their customers"
http://www.prweb.com/releases/2014/10/prweb12260207.htmlol bitcoin as collateral? if we keep the private keys.. how are they suppose to get them? and please dont tell me just because we signed some shitty piece of paper. i rather go to jail than to give my private keys!
723.
Post 9268231 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there.
and then bitcoin will rise. big time.
TL:DR: we need macro doomsday.
724.
Post 9269520 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there.
and then bitcoin will rise. big time.
TL:DR: we need macro doomsday.
When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way.
Agree 100%. Another myth was the Cyprus (non)event.
well i just made the assumption that when every "traditional" asset is going to be worth squat and that there will be nowhere to claim anything back, people would tend to focus on the only scarce asset left that cant be so hard to keep safe.
and thats where i find the notion of "consensus" quite interesting too..
725.
Post 9275668 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
who owns the moon?
http://www.iflscience.com/space/who-owns-mooni think we all know the answer to that in here..
726.
Post 9278445 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
Oh god, bitstamp is down
I always knew this day would come...
sell sell sell!
oh no you cant
727.
Post 9288374 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
can huobi test that damn wall again
huobi busy.
728.
Post 9291912 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
a frog is a reptilian ?
Amphibian? Reptilian? Who cares?
Quit trying to split hairs. They're both green.
why is people talking about riptiela now?
thought he had his own threads.
729.
Post 9301764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
Somebody needs to keep these bulltards honest. Thank you NotLambchop
Thanks for the worthless commentary!
this whole thread is about worthless commentary.
730.
Post 9302362 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.25h):
the bid side is broken
731.
Post 9308723 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.26h):
Mark Karpeles sure is dumping a lot of stolen Gox coins today.
he was out of frapuccinos!
732.
Post 9334890 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.26h):
A shit lot of banks failed the stress test, so let's put our money in a currency that lost 70% of it's value in less that a year!
Yay
The same currency gain
33 000 % over 5 years
But that has no guarantee of repeating such stunts, since the fiat required for similar pumps is now exponentially higher.
and we need Willy bots to smash up through zero volume again
733.
Post 9336781 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.26h):
remember remember..
Remember Who Your Enemies Are
Billionaires who own banks and corporations
who corrupt politicians who enslave the people in injustice.
7 billion people to 1,400 billionaires is 5,000,000 to 1.
http://www.millionmaskmarch.com/..the 5th of november
734.
Post 9339780 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.26h):
The only reason why BTC will grow and increase in price is Anonymity. Each and everyday people are tired of showing ids and passports to banks to send money to someone or receive. With BTC its all cool and your anonymous what more is needed? BTC Can grow a lot more in developed countries with high tax rate and strict control. As people want to live free not in a cage. One of the reason Sweden loves bitcoin is this.
There are way better alt coins for that.
It does not have to be 100% privacy. It can just be something that is similar to cash: payment is visible for the receiver, but the identity of the payee is not necessarily known to the rest of the world (e.g., stored in a central system with access for government officials).
Yeah, there are better coins for that.
Bitcoin is just an outdated pump and dump coin.
I'm beginning to suspect you are either butthurt or trolling for profit. Hmm
Trolling is a dangerous occupation this days, two years jail cant be fun
http://www.bbc.co.uk/news/uk-29678989is it even trolling they are talking about?!
735.
Post 9350422 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.27h):
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
Thanks for the insider information!
I really made some huge profit from these pumps.
Can't wait for them to start again!
you guys are so helpless.
736.
Post 9372449 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.27h):
anyone had bookmarked the thread with all famous quotes in bitcointalk?
cant find it anymore
737.
Post 9394870 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
trick or treat?
738.
Post 9403422 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
so has despair kicked in yet?
739.
Post 9403576 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
so has despair kicked in yet?
lmao.
I have terrible news for you if you think that's despair.
no i dont
740.
Post 9405887 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
Can you guys stop this? It is getting fucking pathetic.
+1 get a life.
741.
Post 9406043 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
742.
Post 9406053 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
There is no "manipulation" in real.
It is just traders trying to maximize the price difference of buying and selling. Nothing more, nothing less.
One can profit from a declining or rising price development - direction does not matter.
Think about it man. If you have deep enough pockets, you can move the market in your direction. Now, given that it is technically possible, why should someone refrain from doing it? It is quite obvious to me that manipulation is real and pervasive, in all markets.
godamn human nature. we doomed. ^^
743.
Post 9406160 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
Buy Bitcoin Hacked
[Suspicious link removed].com
anonymous hacked them?
It is only a phishing site , it will transfer you ( after the login) to a copy of blockchain.info . I've reported him to a moderator .
lol
744.
Post 9420573 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
745.
Post 9422875 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
Finally my transfert got credited on my bitstamp account. Where my cheap coinz?
746.
Post 9422989 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.28h):
I miss rpietila.
he was funny too.
Mehh the guy had an ego i couldnt bear somehow. with his stupid castle. I was more into MPex-PR. At least that bitch had some style.
ps: now we have notlambchop and fonzie
747.
Post 9425014 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
Is this a joke? Sometimes I can't tell anymore.
not enrolled..
https://bitcointalk.org/index.php?topic=739269.0
748.
Post 9425920 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
749.
Post 9434476 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
moon?!
750.
Post 9440408 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
dat wall
751.
Post 9443003 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
752.
Post 9443135 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
753.
Post 9445331 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
yeay finally some pumping going on... remember remember.
happy 5th of november
754.
Post 9451081 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
The flaw is not the money. It's US.
yup
755.
Post 9451362 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
^^^ +1000 thx for this
756.
Post 9465292 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.29h):
FBI dump incoming?
757.
Post 9500764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.30h):
so is everybody expecting a crash here?
758.
Post 9501439 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.30h):
759.
Post 9511284 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.30h):
760.
Post 9524484 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.
I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that.
Not that I mean any offense to you... but c'mon.
Translation: I don't give a shit how my actions reflect on me. I'm going to express myself however I want, and if it makes me look like an idiot, so be it. I'm emotional today.
youre not you. ^^
761.
Post 9526456 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
funny
762.
Post 9529984 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
WTF is wrong with bearstamp? We follow the Chinese to the letter when in the bear market but we do as we please when in a bull market?
?? WTF?
Someone was gonna take some profits sooner or later. This shows why Stamp is just as (more maybe) important to watch as the Chinese exchanges
I think there are too many unhappy people in stamp, just like in btce.
763.
Post 9530409 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
764.
Post 9534820 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
nobody is buying anymore!
765.
Post 9536713 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
That would be the last problem if you had enough pumpers with real money.
real money.. is that even possible?
766.
Post 9540599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.31h):
Mehehe they should put more plastic elsewhere..
767.
Post 9546918 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
The movements have dried up. It is now going to resolve one way or the other. I think it will go downwards but not confident to actually trade on it.
Downward probably, as that is the safe bet. No one knows if we left the bear market yet, and without any serious good news or extremely high volume to sustain another rally people will get out again.
The fact that bank deposits will soon no longer be considered money but paper investments might make a big difference in the long term. I don't know about the short term though.
http://www.economicpolicyjournal.com/2014/11/warning-bank-deposits-will-soon-no.htmlThis weekend the G20 nations will convene in Brisbane, Australia to conclude a week of Asian festivities that began in Beijing for the developed countries and major economies. And on Sunday, the biggest deal of the week will be made as the G20 will formally announce new banking rules that are expected to send shock waves to anyone holding a checking, savings, or money market account in a financial institution.
On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding a stock or other security when the next financial banking crisis occurs. Additionally, all member nations of the G20 will immediately submit and pass legislation that will fulfill this program, creating a new paradigm where banks no longer recognize your deposits as money, but as liabilities and securitized capital owned and controlled by the bank or institution.
In essence, the Cyprus template of 2011 will be fully implemented in every major economy, and place bank depositors as the primary instrument of the next bailouts when the next crisis occurs...
Is this fucking real? I'm on a mobile device right now, can people help me out with credible sources please
I have not researched it yet or checked out the link provided. It was posted in the alt section and there has not been much discussion about it yet. It's a big deal if it's true.
Spain, Canada, and New Zealand passed legislation declaring bank deposits as unsecured credit, over a year ago. Not following it closely but i suspect others have followed suit over the last year.
ever heard of Jim Rickards?
https://www.youtube.com/watch?v=KYW5OGWfqJcmay 2015.
768.
Post 9547127 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
I'll have to watch the video in about 2 hours, could you briefly state the important topic?
I'll have to look into the Canada deposits being unsecured. It sounds like the central banks are getting ready to steal everyone's fiat wealth..... are we ready?
May 2015: Global Economical Collapse.
All 16 US agencies reported such scenario.
Rickards being CIA funded
Project Prophecy's instigator, amongst other things such as spending +30 years at wall street etc...
769.
Post 9547166 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
I'll have to watch the video in about 2 hours, could you briefly state the important topic?
I'll have to look into the Canada deposits being unsecured. It sounds like the central banks are getting ready to steal everyone's fiat wealth..... are we ready?
IIRC searching around mid May 2013 will lead to the articles you seek. I remember it being very low key, ignored by one and all. My friends in the financial fields passed it off like it was of no importance, and didn't get my outrage (Nothing new, being a perpetual 'outsider'). Normalcy bias. It Will Bite.
mehe just some random looney..
As general counsel for the hedge fund Long-Term Capital Management (LTCM),[4][5] he was the principal negotiator in the 1998 bailout of LTCM[6] by the Federal Reserve Bank of New York.
Rickards worked on Wall Street for 35 years.[7] Rickards is now the senior managing director for market intelligence at Omnis, Inc.,[6] a consulting firm.[3] On March 24, 2009, Rickards presented his view at a symposium at Johns Hopkins, that the U.S. dollar is vulnerable to attack from foreign governments through accumulation of gold and establishment of a new global currency.
http://en.wikipedia.org/wiki/James_G._Rickards edit: ouh lala
Jim Rickards is a 3-decade veteran of Wall Street's biggest investment firms and hedge funds. He also helped build the technology infrastructure known as "the brains" of the NASDAQ.
And he is the CIA's Financial Threat and Asymmetric Warfare Advisor.
In an exclusive interview with Money Morning, Rickards revealed that he and his team have detected a series of dangerous economic signals that predict a fast-approaching
$100 trillion meltdown.
770.
Post 9549874 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
771.
Post 9551157 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
to buy or not to buy.. that is my question.
772.
Post 9556814 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
773.
Post 9562668 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
774.
Post 9568215 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Crash about to make the market plunge, I feel
What you mean?
It's spiked over $40 in less than a day. This is a pump and dump for sure.
plus only couple large orders caused the surge..
775.
Post 9571733 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Today I'm still :
...
Well done, redsn0w, we're bursting with admiration!
im getting tired of those commies.. maybe add some republicans to the party too?? ^^
776.
Post 9571823 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
^much better thx beastie
777.
Post 9571928 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
...
im getting tired of those commies.. maybe add some republicans to the party too?? ^^
Republicans, Communists = statist pigs = no difference. I can't even tell them apart. You don't wanna get mixed up with a guy like me. I'm a loner, Dottie. A rebel.
sure, im not arguing, they're all the same.. still more occident less orient would fit as less redundant..
778.
Post 9579937 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
OMG !!!!!
We've lost 4 GBP today.
Everybody panicccccccc !!!!!!
Run for the hills, flee your homes.
779.
Post 9579999 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Well this is looking really bad
not at all, just a good occasion to close longs
780.
Post 9580024 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Well this is looking really bad
not at all, just a good occasion to close
longs Sarcasm?
781.
Post 9581764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Just thought I'd share because ninja.
yup ninja sure knows how to make your bitcoins vanish. the art of steal(th).
782.
Post 9582118 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.32h):
Will we see sub 380 again
maybe briefly. We have been going up (on average) for 8 weeks now, and come next Monday the 1 week macd should finally turn green.
Anyone long term shorting will need to finally cut their losses and admit defeat or face liquidation.
I dont think the one week MACD will be turning green next Monday Im afraid.
Short?
783.
Post 9582748 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
He overpaid at a proximate high on a s--- ton of coins he'll never be able to unload at that price ever.
Thanks Newbie912948350, good to know that Bitcoin isn't ever going to 500s, 600s again.
30,000 BTCs discounted for opportunity costs and the time value of money might actually never reach $600-$700, again. Yes, you're are damn right that's what I'm saying. (I actually don't mean this in a hostile way... just energetic way... it would have to reach Gox bubble levels, again, to make that investment shake out in a profit).
Doesn't mean the nominal price won't be higher.
Ridiculous.
Unless Bitcoin is supplanted, it can easily reach his 10k target within 5 years.
Also, assuming more adoption and, most importantly, a legal structure that enables vendors who accept Bitcoins to hold them on their balance sheet. There are a lot of ifs and the odds are below 50-50 for a price up to the bubble high. Doesn't mean it won't go up or that people shouldn't buy now... but 10k in 5 years is not an average scenario... it's a higher end speculative scenario (possible, but far from likely).
In some ways it is delightful we don't have as many full on trolls in here. At the same time, this has turned into a total echo chamber of delusion, again.
rofl. fuck you and your legal structures. fuck people. fuck adoption.
there is gentleman, and for the rest there is mastercard.
784.
Post 9590031 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
785.
Post 9591615 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Yes, candlestick pattern. Thanks a lot for that.
Bitcoinwisdom is my favorite website. I have always three bitcoinwisdom tabs opened: huobi, bitstamp and kraken (i am french
)
vive la France ^^
786.
Post 9591664 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
....
Bitcoinwisdom is my favorite website. I have always three bitcoinwisdom tabs opened: huobi, bitstamp and kraken (i am french
)
vive la France ^^
I should avoid telling i am french
although it says it just under your nick
787.
Post 9592305 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
I'm a Scot, there's noo chance of that
You could have done with a Denis Law last night...
I almost wanted Scotland to make it 2-2, to test to see if England would collapse, but then I thought... naaah
Didn't watch it, more of a cricket man.... But don't tell anyone up here!
788.
Post 9593103 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
789.
Post 9596882 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
awsome response by gavin:
I enjoyed listening to your remarks from the recent Cato's monetary conference.
It will be very interesting to see how mining plays out over the next couple of decades; I don't think we know whether it will turn out to be very centralized (like the web searching market, with Google dominant), or pretty decentralized (like the general purpose computing market, which used to be very centralized in the era of mainframe computers but is now radically decentralized with all of us carrying computers around in our pockets).
I tend to think that we'll end up somewhere in the middle, because while there are economies of scale, there are also diseconomies of scale. Waste heat is a huge problem (as the datacenter fire in Thailand that took out a big Bitcoin miner shows), so spreading that out among lots of people where a little excess heat isn't a problem is a benefit.
Cheap electricity is a centralizing force, but my guess is that as miners figure out ways to use excess heat that might start to become important (mine in places with cheap electricity AND where the excess heat can be put to good use).
Mining in a pool requires very little bandwidth (just 80 bytes every few seconds to get a new block header to work on), so there is no centralization advantage for having lots of small miners.
Transactions are generated all over the world, so there should be no latency advantage to being in any particular geographic location.
In any case, it seems to me that there are so many variables that go into being a profitable Bitcoin miner (cost of electricity, cost of capital, access to latest chip tech... plus who knows what else in the future, maybe private deals with merchants for priority handling of their transactions...) that there is unlikely to be just one global optimum for the profitability equation.
And if you're correct, and there are economies of scale that will cause mining centralization that will destroy Bitcoin... it seems to me big merchants and exchanges should realize that is happening. In which case they might decide to sacrifice some short-term profits to invest in mining themselves to ensure the continued success of the whole system.
miners are playing a rough game. the equilibrium between greed and centralisation seems crucial.
790.
Post 9596919 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
XCP / Counterparty if you really need to take on more risk.
No miners, no bagholders waiting to unload. 2.6 million were created by burning BTC. It's technically not even an altcoin.
Burning BTC?! i call it crypto-satanism.
791.
Post 9597146 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
XCP / Counterparty if you really need to take on more risk.
No miners, no bagholders waiting to unload. 2.6 million were created by burning BTC. It's technically not even an altcoin.
Burning BTC?! i call it crypto-satanism.
Didn't peg you as the religious type. It's pretty clever actually, and it makes BTC worth a little more.
well tbh if people were indeed crazy enough to burn 2,6m BTCs (whatever it means), it will eventually make mine worth more.
792.
Post 9597348 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
XCP / Counterparty if you really need to take on more risk.
No miners, no bagholders waiting to unload. 2.6 million were created by burning BTC. It's technically not even an altcoin.
Burning BTC?! i call it crypto-satanism.
Didn't peg you as the religious type. It's pretty clever actually, and it makes BTC worth a little more.
well tbh if people were indeed crazy enough to burn 2,6m BTCs (whatever it means), it will eventually make mine worth more.
I guess burning 2124 BTC does show commitment. Personally I would have rather had the cash
However it's effectively a decentralized ripple from what i read and will hopefully cripple ripple. I would rather trust counter-party who committed there own funds, to a scam coin where they effectively premined and kept 45%.
Ripple is a scam.
He said 2.6m XCP were created. X amount of BTC were 'burned'. Not sure how you can 'burn' BTC though..
yea i realized my mistake but still, im just a bitcoiner.
793.
Post 9599455 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Getting close to 10k pages! coin!
ftfy
794.
Post 9599665 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
still hodling
795.
Post 9599776 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Come on all you HODLERs get selling or buying!! Going back to bed otherwise
796.
Post 9600439 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
bitcoin will go nowhere without banks.
banks will go nowhere without bitcoin?!
797.
Post 9600463 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
I wonder if the 50k coin sale is factored into the current price or if people will panic sell 24 hours before the auction.
I think it'll cause a price drop in the short term.
Too many people haven't got the balls to hold through rough times.
The thing is this auction isn't even a particularly bad thing.
Certain people get swayed by the media & will sell cheaply & desperately.
Worst case if the winner/s lowball/s the auction - if they dump it on the market where would the price of bitcoin go? - providing they dump it among all the exchanges?
The infamous bearwhale dumped over 30k at $300 - might 50k fetch more or less.
Also if the winner wants to dump but holds off doing so will the market be afraid to move upward until the buyers intentions become known?
You are describing a scenario that is NOT too likely to happen.
For example, the last time had more than 30 bidders, and this time is likely NOT going to be too different. There will be a number of benevolent and bitcoin believers that are going to bid 5 to 10% above market price. Accordingly, any winning bid would have to bid at least 5 to 10% above market price.
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -
or, the only thing you want before the auction starts is to lower the bitcoin price, so you still get em cheap paying even 20% above market price
auction: 50k BTC major exchanges bid volumes to sub $300: <20k BTC
798.
Post 9600592 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -
How did he get burnt?
He was able to buy 50k bitcoins at a lower price than he could have paid on the exchange.
This.
Some users here simply can't or don't want to think.
It was 30k that Draper bought earlier in the year. However, to some HNW individuals these are worth more than "normal" market-sourced bitcoins, because the US Marshal's coins have been laundered by the government.
laundering coins with laundered fiat. so good to be gov officials.
799.
Post 9600668 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Everybody needs to relax.
People have some serious issues if they are worrying about a 20 dollar drop in price.
They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...
Well, let's say you bought at ~1000$ (just like everybody else did, right...?
). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right?
(I don't really think so, but some might argue so...)
who teh f#ck bought at 1k? seriously?!!!
800.
Post 9601717 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
This is good, I hope all the Chinese exchanges get shut down finally.
Dumb question but why?
To buy really cheap (possibly double digit) coins?
who teh f#ck would sell @double digit?!
801.
Post 9601909 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
gif time!
802.
Post 9602042 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
803.
Post 9603969 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
804.
Post 9607120 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
805.
Post 9607387 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
806.
Post 9610974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
dump and pump!
807.
Post 9612359 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
as long as he is not loosing bitcoins..
808.
Post 9612736 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
809.
Post 9612924 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
Who is this Joe Public? And why do you have such a low opinion of him?
Joe Public is everyone that
you want to eventually care about and buy bitcoin. Without them, bitcoin is doomed. Why? Because there are only so many people like us (current nutjob bitcoiners) in the world.
Is it just like the Internet. There was a time when Joe Public absolutely hated the Internet and stayed far away from it (from lack of trust), while a small nutty community of nerds loved it.
still i'd rather have joe public crawl for btc dust, teaching them a lesson with their worship of the current status quo..
810.
Post 9613721 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.33h):
How I learned to quit worrying and love the dump.
You love a dump that's been going on for 12 months straight? Will you love it still if it continues for 12 months more?
At what point is a continuous, unrelenting downturn seen as a serious problem for Bitcoin?
Price isn't a big concern. I held well over a year at a loss in 2011-12. This is no different. Fortune favors the bold.
Price fiatwise is Notting. The more important is to accumulate btc.
811.
Post 9617985 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
^dude. stop. feeding. troll?
812.
Post 9630501 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
lol lets see how long this page will last.
813.
Post 9630519 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
I give up. Emotions got me! :(Posting high deleting low. This thread is died. Never will rise again. Very resistance. Much down. Will sell all my posts.
I am desperate. What should I do? Any recommendation appreciated.
sell me cheap coins
814.
Post 9630844 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
my god, this thread is a terrible place to be when approaching round numbers.
Anyone reminded of this?
No
815.
Post 9631088 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
shortin posts now are we?
816.
Post 9631199 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
817.
Post 9632002 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
So sad... Major resistance at 10k posts... every time someone starts a pump, the dumpers are there waiting to spoil the fun...
strong correlation between bitcointalk's wallobserverthread and bitcoin
818.
Post 9634383 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
10k page. for posterity
819.
Post 9637531 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.34h):
lol seriously? page 9994 ??
820.
Post 9640748 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
821.
Post 9643525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Could the 50k BTC Marshall auction be BS?
>
http://trilema.com/2014/the-united-states-scammers-service-formerly-marshalls-service/i mean they indeed seem to have pretty bogus terms..
822.
Post 9643694 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
That's pretty damn contrived.
what you mean? the article or the auction?
823.
Post 9643719 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
That's pretty damn contrived.
what you mean? the article or the auction?
The article.
hmm
824.
Post 9645061 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
What a silly dump that was, so much slippage.
Last ditch attempt to stop the inevitable?
rofl, so what? bear whale back? ^^
edit: glitch.
825.
Post 9650987 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
826.
Post 9651294 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yeah, crazy runs in that family.
crazy to repatriate gold? lmao lampchop i know you are a troll but you cant possibly question what would be the common sens in such financially troubled times... especially when the rest of the world is doing so. US first.
827.
Post 9651501 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yeah, crazy runs in that family.
crazy to repatriate gold? lmao lampchop i know you are a troll but you cant possibly question what would be the common sens in such financially troubled times... especially when the rest of the world is doing so. US first.
I don't question the sanity of the Le Pen clan, I'm straight-up telling you they're sick fucks. The father, the daughter, and the National Front. Unholy frickin' trinity.
meh thats regular mainstream FUD. you can question their sanity all you want but apparently they are the ones calling for gold rapatriement whilst all the other politics in france are awkwardly silent about it..
funny when all france neighbors do so as well: switzerland, germany, dutchland..
ps: besides have you seen f#cking Holland?! is he insane or just incompetent? or maybe he is insane thinking he is competent
828.
Post 9651536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yeah, crazy runs in that family.
crazy to repatriate gold? lmao lampchop i know you are a troll but you cant possibly question what would be the common sens in such financially troubled times... especially when the rest of the world is doing so. US first.
I don't question the sanity of the Le Pen clan, I'm straight-up telling you they're sick fucks. The father, the daughter, and the National Front. Unholy frickin' trinity.
meh thats regular mainstream FUD. you can question their sanity all you want but apparently they are the ones calling for gold rapatriement whilst all the other politics in france are awkwardly silent about it..
funny when all france neighbors do so as well: switzerland, germany, dutchland..
Where can I find this so called "dutchland"? Perhaps you mean the Netherlands?
yea whatever. dutch holland netherland ^^
829.
Post 9651602 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yeah, crazy runs in that family.
crazy to repatriate gold? lmao lampchop i know you are a troll but you cant possibly question what would be the common sens in such financially troubled times... especially when the rest of the world is doing so. US first.
I don't question the sanity of the Le Pen clan, I'm straight-up telling you they're sick fucks. The father, the daughter, and the National Front. Unholy frickin' trinity.
meh thats regular mainstream FUD. you can question their sanity all you want but apparently they are the ones calling for gold rapatriement whilst all the other politics in france are awkwardly silent about it..
funny when all france neighbors do so as well: switzerland, germany, dutchland..
Where can I find this so called "dutchland"? Perhaps you mean the Netherlands?
yea whatever. dutch holland netherland ^^
Hmm, quite different things, but OK.
same religion:
lol if you think about, even with their smoked up brains they are more objective than france.
830.
Post 9651778 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yeah, crazy runs in that family.
crazy to repatriate gold? lmao lampchop i know you are a troll but you cant possibly question what would be the common sens in such financially troubled times... especially when the rest of the world is doing so. US first.
I don't question the sanity of the Le Pen clan, I'm straight-up telling you they're sick fucks. The father, the daughter, and the National Front. Unholy frickin' trinity.
meh thats regular mainstream FUD. you can question their sanity all you want but apparently they are the ones calling for gold rapatriement whilst all the other politics in france are awkwardly silent about it..
funny when all france neighbors do so as well: switzerland, germany, dutchland..
Where can I find this so called "dutchland"? Perhaps you mean the Netherlands?
yea whatever. dutch holland netherland ^^
Hmm, quite different things, but OK.
It was a Freudian slip, though he misspelled Deutschland.
http://www.haaretz.com/polopoly_fs/1.583737!/image/443804153.jpg_gen/derivatives/landscape_640/443804153.jpg
oops my bad.. ^^
http://newswire.net/newsroom/news/00086201-only-three-nations-voted-against-anti-nazism-resolution-us-canada-ukraine.html
831.
Post 9651862 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yes, US errs on the side of free speech. Is that the point you are trying to make?
well you were the one bringing nazis on the table. rest assured your free speech stays intact. got a goodwin point somewhere in your poney basket too?
832.
Post 9652268 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Yes, the best answer to authoritarian regimes is to adopt authoritarian measures like banning free speech.
Fuck, even the ACLU supported the KKK's right to that.
833.
Post 9659406 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Smells like a big pile of steaming bullshit to me
Could be. There was an earlier announcement which said that Kraken would take over MtGOX and pay customers in bitcoin. This one is more limited and cautious, but it is still not clear what is certain and what is merely a wish of Kraken and/or the clients, that the trustee may concede or not. In particular, the statement that clients will be required to open an account at Kraken in order to receive the refunds seems to be just a wish...
Does that mean, pay customers even the stolen amount? or just new amounts?
I'd assume it is to pay whatever coins are still under the control of mtgox, anything else would be crazy. I'm baffled why'd they even want to get involved in the mtgox bankruptcy though... Seems like way more trouble than it is worth.
Personally I think it's great that there will be an actual investigation.
When Powell said: "We’ve decided to volunteer our resources and expertise in an attempt to minimize damage to creditors, restore faith in the Bitcoin community, and
demonstrate trusted leadership in the industry,", that explains it all.
We all know getting new customers is something Kraken needs. And that's what they hope to get from this move.
But, hey. At least they're doing something
useful for it
lmao. seriously? how you know that?
834.
Post 9659536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
what are you trying to say?
835.
Post 9659800 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Smells like a big pile of steaming bullshit to me
Could be. There was an earlier announcement which said that Kraken would take over MtGOX and pay customers in bitcoin. This one is more limited and cautious, but it is still not clear what is certain and what is merely a wish of Kraken and/or the clients, that the trustee may concede or not. In particular, the statement that clients will be required to open an account at Kraken in order to receive the refunds seems to be just a wish...
Does that mean, pay customers even the stolen amount? or just new amounts?
I'd assume it is to pay whatever coins are still under the control of mtgox, anything else would be crazy. I'm baffled why'd they even want to get involved in the mtgox bankruptcy though... Seems like way more trouble than it is worth.
Personally I think it's great that there will be an actual investigation.
When Powell said: "We’ve decided to volunteer our resources and expertise in an attempt to minimize damage to creditors, restore faith in the Bitcoin community, and
demonstrate trusted leadership in the industry,", that explains it all.
We all know getting new customers is something Kraken needs. And that's what they hope to get from this move.
But, hey. At least they're doing something
useful for it
lmao. seriously? how you know that?
How do I know what?
I'm not sure about the whole investigation thing. Depends on what info will be made available to them. So no guarantees they will uncover anything.
But the redistribution of the Bitcoins and fiat left on Gox will go through. Why not? I find that
useful.
gox coins redistribution? not gonna happen. hence cant be useful.
836.
Post 9661235 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Statement by MtGOX's bankruptcy trustee about the agreement with Payward (Kraken's Japanese susidiary):
https://www.mtgox.com/img/pdf/20141126_announcement.pdf(Dated 2014-11-27; English translation at the end.)
The role of Kraken will be substantially more modest than what the first news claimed. No decision yet on whether the coins are to be distributed as coins, and whether Kraken will handle the distribution if they are.
wow such shocker.. ^^
you are better of studying Chinese exchanges.
837.
Post 9666438 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Amazing "artifact" - a stone with a "microchip", whose age is nearly half a billion years old, found in the Krasnodar region. Scientists studying the find, came to the conclusion that on Earth to have more advanced civilization.
The stone was found last summer in the Krasnodar Territory resident of Labinsk Viktor Morozov Hojo in the river, while fishing.
Scientific sensation: scientists have proved the existence of other civilizations on Earth
The find has been given to researchers. Verdict announced only a few days ago: under the act geological scientific examination, which was conducted at the Department of Geology and Mineralogy, Novocherkassk Polytechnic in the Rostov region, the age of the stone more than 250 million years, which confirms the theory that while the world was already in existence and life high technology, which we may have yet to discover.
Scientific sensation: scientists have proved the existence of other civilizations on Earth
Details scientists plan to publicly announce in the near future.
Scientific sensation: scientists have proved the existence of other civilizations on Earth
http://mirnov.ru/lenta-novostej/nauchnaja-sensacija-uchenye-dokazali-suschestvovanie-drugoi-civilizacii-na-zemle.htmlso they already had bitcoin 250 million years ago? ^^
838.
Post 9666529 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
so they already had bitcoin 250k years ago? ^^
Yes. 'bitcoin' precipitated the apocalypse last time around as well.
Revelations is a historical account, not a prediction of the future. Cycles repeat.
nah im pretty sure it was manmade global colding.
839.
Post 9666707 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
OOP Artifact: 'The trollface', found in a farm in Louisiana.
The Miguez brothers, that discovered the ancient artifact.
840.
Post 9669957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
higher lows.. lower highs.. things are flattening.
841.
Post 9670355 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Wait for the dump
Stellar also up...
sold 5002 my stellars
842.
Post 9671679 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
waiting for bitcoin to join teh party.
843.
Post 9671917 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
waiting for bitcoin to join teh party.
Internet? Stay on topic pl0x!
Hang tough, Warriors!
FU! im not the one talking poneys and reptilians.
844.
Post 9676175 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
845.
Post 9681214 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...).
Retailers don't keep BTC, they dump to FIAT.
So essentially, when you spend BTC on items you are essentially dumping it on the open exchange.
Yup +1
Hold you mofos
846.
Post 9681510 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
We will see a recover after the black friday.
Won't we?
Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...).
Retailers don't keep BTC, they dump to FIAT.
So essentially, when you spend BTC on items you are essentially dumping it on the open exchange.
Yup +1
Hold you mofos
If nobody uses XBT, retailers are not going to offer the option and we will have no more user adoption. No usage, no value. So spend like a mofo and buy back instead!
Its not because you dont spend btc that you dont use em..
Use It as a store of value. Hoard and reduce overall supply. Then let macro economy do its shit.
Édit: otherwise you Will just get burned by trading bots and banks and miss thé next train
847.
Post 9681772 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.35h):
Right... NeXT shorting target +3k$
848.
Post 9683077 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?
Yes
nope
849.
Post 9683108 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
a l'abordage!
850.
Post 9683132 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
meh i think we hit major resistance.
851.
Post 9689296 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
*Good morning, gentlemen.
Gentlemen indeed. WTF just happened at stamp?
Whatever it is, it's not a coordinated pump.
Smells fishy. I don't like it.
pre-dump Fake-out?
we broke 380 resistance. could turn bullish at this point.
852.
Post 9707529 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
This thread has 6 million views now, that can only mean one thing: BTC to $6M confirmed.
Did somebody say six million?
rofl how dare you?
antishemiute!
853.
Post 9711765 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
854.
Post 9714951 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
855.
Post 9715575 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
prediction
debt ceiling to be raised world economy collapses march 2015
Why March 2015? That is actually my predicted date for reaching $1,000+ by again.
It would be really rather convenient those two to happen simultaneously. I don't support the theory, but if it's not a coincidence, it's a perfect plan for both fiat and BTC. Think about it.
as IMF head Christine Lagarde puts it: "we need a global reset of the economy"..
but i believe it to be around May 2015.
856.
Post 9718642 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
lol this pic reminds me of one of the latest south park episode with that man from customer service..
you are in a reality that is not real in the current reality. you need to find the exit..
857.
Post 9725396 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
858.
Post 9727482 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Means there is a chance of the coins going to be dumped on exchanges at sight?
Or just manipulation to scare people and lower the price?
I have a funny feeling Citi and the other "prospective bidders" are selling the story of bidding on the coins at a great discount in order to get the other bidder to low-ball the bid so they can get their coins at or just under market price.
No bidder would willingly show their hand, seems like a classic poker bluff to me.
its amazing tho how coindesk has willingly contributed to so much FUD this year, getting payed spreading nonsens and selling outright scams.
seriously who still buys all their crap? (besides those who actually pay for their shill articles
)
859.
Post 9729318 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Might be some exchange just moving their coins however the amount is ridiculous and look at how low the fee is. Perks of bitcoin.
it took $0,04 to transfert +$82M
860.
Post 9732160 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
There has been a pattern that has repeated three times in this bear market and is in the process of repeating again, where there is a crash, a bounce, a pause, a spike, a second bounce at a much higher level and then a slow dissipation of all upward momentum leading to the next crash. We are in the dissipation period now. The key thing to watch for is the volume as the price approaches support levels on the way down. Low volume= very bad. Stay in cash even if you close your short positions. High volume means the possibility of a double bottom.
I've lost a few houses worth of money identifying this pattern, so a wise person should learn from my mistakes. The fact that it was money I made on the way up is some consolation. Still, opportunity lost is opportunity lost.
you are short now?
861.
Post 9735937 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
862.
Post 9736101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Double bottom in hashrate// perhaps someone has decided the end has come for their equipment. Wonder when the next set of more efficient machinery comes online, besides testing from the manufacturer.
i'd say around 2nd quarter 2015
863.
Post 9736169 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
There, I fixed it
hum ok. but i dont read coindesk.
864.
Post 9736676 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
So, I'd anticipate a spike when the price is announced.
there will be no announcements about the winning price, just speculations.
...
time to test that 360 wall I guess.
I even know that. Not really sure why I wrote that. I meant when the winner is announced.
There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..
865.
Post 9736700 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
So, I'd anticipate a spike when the price is announced.
there will be no announcements about the winning price, just speculations.
...
time to test that 360 wall I guess.
I even know that. Not really sure why I wrote that. I meant when the winner is announced.
There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..
One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.
Yea right.. Didnt i told you guys i won the previous auction?! ^^
866.
Post 9736810 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
So, I'd anticipate a spike when the price is announced.
there will be no announcements about the winning price, just speculations.
...
time to test that 360 wall I guess.
I even know that. Not really sure why I wrote that. I meant when the winner is announced.
There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..
One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.
Yea right.. Didnt i told you guys i won the previous auction?! ^^
sup Tim
Hehe, no but seriously what
proof of ownership did Draper provided again?
Edit: and plz dont quote coindesk. Kinda reminds me that ghost 150k$ platinium membership KNC payed to TBF..
Me who thought bitcoin eases transparency..
867.
Post 9736959 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
So, I'd anticipate a spike when the price is announced.
there will be no announcements about the winning price, just speculations.
...
time to test that 360 wall I guess.
I even know that. Not really sure why I wrote that. I meant when the winner is announced.
There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..
One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.
Yea right.. Didnt i told you guys i won the previous auction?! ^^
sup Tim
Hehe, no but seriously
what proofs did Draper provided again?Édit: and plz dont quote coindesk. Kinda reminds me that ghost 150k$ platinium membership KNC payed to TBF.. Me who thought bitcoin eases transparency..
Platinum membership is only issued if you use highly questionable business
ethics.KnC didn't get it while they were still selling profitable miners to people on schedule...
mehehe may i also remind you that such advantageous membership resulted in peado-con-artist Mr Pierce election as a board member?
serisouly tho, answer my previous question too.. gimme proofs.
or else you know where you can put your silly auction speculation.
868.
Post 9737028 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Lol, wtf is that 5k dump ??
ow neoo.. its the auction.
869.
Post 9737047 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
whats your point lamby? dont like it when people disagree or simply ignores your trolling?
could you give me a proof regarding draper's allegedly winning an alleged previous auction?
870.
Post 9737101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
meh, you are helpless. unable to even respond on the subject, always diverging to some stupid ad hominem attacks, making you feel smarter when the only fucked up mind is see here i you. trolling nonstop on a forum. get a life.
anyway, you wanted it now you have it: IGNORE.
871.
Post 9737411 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
lamby is pennyless. desperate and bored in the real life.
just a weirdo kid that abuses chemical substances to pass his time trolling on forums.
his mouse in on hand, and i leave it to your guessing what he holds in the other.
872.
Post 9737548 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
873.
Post 9737627 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
notlampchop is one of the best trolls I have ever seen.
Seriously? A great troll is one who finally get put on ignore by everyone? Hell, I could make a new account and probably achieve that in about 5 seconds flat. It took him months of trolling.
I think he is here for some time and we still discuss this guy - his techniques are excellent, he is much smarter than the low-paid trolls and shills and basically knows what he is talking about.
I detest trolling, but his methods and techniques are really brilliant.
i think you missed a spot.
874.
Post 9737935 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
875.
Post 9738167 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
Griping about manipulation is stupid and pointless. If someone is driving the price down just to buy, then you benefit from temporarily lower prices.
the reason there is less demand is because market participants correctly (IMHO) anticipate that there are too many holders who will sell if the price goes just a hundred or two higher. Price has to go lower to attract new money. We are just taking it from each other at this point.
We need new money and that means we need lower prices. The retail money won't really start pouring in until after the rally is well under way and it hasn't even started yet.
they only way we are gonna get
tons of new money to sustain a huge rally is not because of lower prices.. but because macro economics deteriorates and people wanting to save the day -
at all cost.
this is how we'll go to +$4k. and then moon.
876.
Post 9738238 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
do we know exact time of this acution ?
no. we know nothing.
877.
Post 9738573 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.36h):
What's this bullshit
typical troll mindfuck.
878.
Post 9748925 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
STFU
879.
Post 9749103 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
If its bearish, its not an analysis.
880.
Post 9749332 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
Strange that the impending auction results have done literally nothing meaningful to the price.
What auction?
881.
Post 9751141 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
882.
Post 9752362 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
So for 2 weeks everybody waited for the auction to end.
It ended. Now what?
Nothing?
How many more times is this nonsense gonna happen?
Are other markets also this retarded? I find that hard to believe.
dude those were my catch phrases.
883.
Post 9753272 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
884.
Post 9766525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
Critical moments ... can it, can't it ??
And yes, I am well aware that they are lines on charts, so please don't point that out TA haters
nah there is nothing critical going on.
885.
Post 9766544 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
Critical moments ... can it, can't it ??
And yes, I am well aware that they are lines on charts, so please don't point that out TA haters
nah there is nothing critical going on.
Yeh, there is still plenty of overhead resistance even if this breaks up
actually once it breaks up. it fucking breaks up.
886.
Post 9770477 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.37h):
"When I was poor and I complained about inequality they said I was bitter, now I'm rich and complain about inequality they say I'm a hypocrite.
I'm starting to think they just don't want to talk about inequality."
~ Russel Brand
887.
Post 9776325 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
Im happee
888.
Post 9783743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
lol srlsy? dump cause by china? again? and then news denied but eh, still dumping?
wtf get your shit straight.
it dumped because the price flatness asked for it.
889.
Post 9785391 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
I don`t understand this dump, what are your theories men, an uptrend breakdown?
not enough stupid people buying @380. hence 350.
890.
Post 9796657 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
Regarding BTC:
We broke the big wedge to the downside. Breaks of such proportions takes us to major moves in the direction of the breakout/breakdown. Since market decided down, down it is for now. Ignore the bulltraps. That is all.
Probably a test of the $275 bottom is to be expected in the next weeks IMHO...
891.
Post 9800435 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges.
Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector
I think you're over thinking the launch date.. That's subject to approval by the SEC if they had it they'd be listing asap IMO
Honestly, I think the whole ETF thing has been over-thought and over-hyped, but we will see. For now, I really don't give damn about it, and think it is a lot further off than people think.
892.
Post 9804614 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
Big companies accepting bitcoins hardly did wonder things for the price recently, isn't it?
It adds to bitcoin's legacy for sure but we need stuff to make people buy coins not to sell it.
If more people use coins then we will have more liquidity and more people holding. If you increase the user base with millions who use a bit and hold a bit for a while in uncoordinated random cycles then we will have a much healthier environment than we have now.
The problem is that more companies accepting bitcoin didn't make more people using bitcoins or holding. It didn't make people buy bitcoins to spend them or hold them, most of buys happening with bitcoin at those companies are people who hold coins already, specially early investors.
There is still literally zero advantage for average user to buy bitcoins just to spend them on some site except in illegal purchases.I don't know... Microsoft accepting Bitcoin surely adds heavily to it's legacy long term but I'm not sure it adds any wonders to Bitcoin price except short term pump, just like all others didn't. Until average Joe gets some significant advantage of using Bitcoin to purchase things and could buy it fast and cheap nothing really changes. We need new money in the game and that won't be people buying coins to spend them on Xbox stuff.
That bolded part is bang on.
Bitcoin is not just another payment platform.
Bitcoin is an alternative to government and corporate oppression.
right. bitcoin is freedom.
obviously masses dont care about that. yet.
893.
Post 9804721 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
sony want to accept bitcoins in 2015
source?
894.
Post 9805040 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
895.
Post 9809202 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.38h):
blablabla
credit card is far from secure.
Everyone I know or have their credit card cloned or knows someone that had their credit card cloned. And when it happens is a pain in the ass to undo all the damage done.
And I don't know how things are in Lambchop's country, but here national transfers are not instant(they have some deadline to do it) and when not between same banks they charge a fee bigger than BTC transaction fees
there you go..
3DSecure failures cause big holiday headache for many French e-merchants:
http://www.rudebaguette.com/2014/12/11/recent-3dsecure-failures-big-holiday-headache-many-french-e-merchants/bitcoin
896.
Post 9836847 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.39h):
897.
Post 9854121 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.39h):
898.
Post 9867278 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.39h):
1 bitcoin is still worth... 1 bitcoin.
899.
Post 9876186 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
900.
Post 9879590 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
901.
Post 9879670 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
902.
Post 9881733 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
...
I'm waiting for the crisis for years.
I'm speculating what will happens when the US state budget is going to be discussed for year, since in 2014 took some time until it got fully approved.
903.
Post 9892491 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
They are giving away free bitcoins? How could that possibly not be bullish?
Great idea! Free bitcoins to dump in exchanges...
i offer not one.. but two BTC (!!) if you handle me over 50k to "invest"
edit: the frappucinos are on me.
904.
Post 9906517 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
Hey guys, weren't you supposed to observe the walls in this thread by any chance? How come nobody's mentioned how someone on Huobi has been manipulating the price today with a 2-3k wall at 2000 CNY which keeps appearing and disappearing?
http://i.imgur.com/wYI4aHv.pngAlso, the short-term uptrend and the medium-term downtrend lines are just about to cross...
http://i.imgur.com/wfFh4x4.pngthis is no wall observer thread anymore.
905.
Post 9914168 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
too dumb to use the metric system
That's just arrogance (on their part; inherited from the UK along with their system itself), not stupidity.
The UK switched to the metric system.
yet they still drive on the left side.. ^^
906.
Post 9918681 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.40h):
Such braveness... Very stompfest... Much TrollChop. And YET someone STILL quotes him. What can I say. I will un-ignore him!
907.
Post 9985110 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.42h):
seems quite ambitious, but wow.
http://slur.io/
908.
Post 9986555 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.42h):
How do people verify if the data sold is real and not fake?
Not sure, personally i already see a ton of ways to exploit this site as a seller. So i cant really see anyone sane seriosly considering buying anything.
who knows waht the future holds:
Two lessons here:
All information will be on the market.
This market will exist whether you like it or not.
Also, by will, I mean already.
We have already seen WikiLeaks and Edward Snowden open the floodgates for State secrets (which include your secrets). We have also already seen Bitcoin enable the Fappening marketplace of celebrity nude pictures.
And now a website promoted by WikiLeaks’s Twitter account wants to take it to the next level. Slur.io promises to be WikiLeaks 2.0:
"Slur is an open source, decentralized and anonymous marketplace for the selling of secret information in exchange for bitcoin. Slur is written in C and operates over the Tor network with bitcoin transactions through libbitcoin. Both buyers and sellers are fully anonymous and there are no restrictions on the data that is auctioned. There is no charge to buy or sell on the Slur marketplace except in the case of a dispute, where a token sum is paid to volunteers."
For everything from trade secrets to State secrets to zero-day exploits to “the complete databases of social media sites like facebook,” there will be a price in Bitcoin.
I would recommend that anyone alive in 2014 not only assume that their secrets will be leaked, but live as though they have already been leaked.
http://nakamotoinstitute.org/mempool/meditations-on-cypherpunk-nightmares/
909.
Post 10051788 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.44h):
besides, why would anyone transfert BTC to bitstamp when the price is crashing?? its time to transfert fiat ffs!
910.
Post 10051863 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.44h):
news just in GOX coin now trading on bitstamp
what the f*ck next?
Microsoft adopts ->> price goes down
Paypal adopts ->> price goes down
NY Regulation ->> price goes down
...
...
Bitstamp Goxxed --> someone CCMFs Bitfinex.
Go figure...
its stamp obvioulsy. buying all they can to cover losses, if they are any.. and profit even more, having say 1/5 of traders locked down with their plateform.
911.
Post 10053306 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.44h):
Looks like he's saying it was done by a terrorist group, which would be just wonderful news for Bitcoin. Let uncle sam start thinking that shit is funding ISIS, and BTC could gain a whole new set of problems.
i just fuckin hope they did.. i just wired fiat on stamp to freakin buy those cheap coins before that whole fiasco.
but cheaper coins for the trouble would definitely temper my dissatisfaction as a bitstamp user..
912.
Post 10053379 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.44h):
at least chartbuddy is having fun.
913.
Post 10056062 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.44h):
914.
Post 10081687 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
Somebody seems to put some serious walls on finex...
good, cheap coins from china incoming.
fffffffffffk and stamp is still off
i want cheap coinz too!
PS: would you guys recommend kraken or bitfinex as trading plateform? cuz thats it im done with stomp
915.
Post 10081790 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
would you guys recommend kraken or bitfinex as trading plateform? cuz thats it im done with stomp
Bitfinex all day every day. They have p2p lending, margin trading and a relatively good api.
Kraken is good too, I use it from time to time. They have wonderful bank relations and I use them to cash in/out. But they have no margin trading yet.
alright got it thx
916.
Post 10083681 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
yeezus i bet stamp wont freakin open before that. fffffffffffff
edit: if both this dude is right *again and bitstamp woudnt open before such thing to happen.. i call it massive cheatery
meanwhile we get those candy tweets:
https://twitter.com/nejc_kodric/status/553260340411379714freakin BS.
917.
Post 10084131 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
i had a loan too.. which i was about to short for som cheap coins. but then stamp went off...
918.
Post 10085577 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
I have waited 2 fucking years for this bullrun
If I miss the party just cuz I deposited my funds right before bitstamp got closed down, I will be fucking pissed.
Definately will be taking some more loans if bitstamp don't open up soon
Seriously,
This is not trolling , no bullbearwhale crap talk...
You need help.
If you're seriously thinking about getting MORE loans you're right now worse that a bet addict.
And I know what I'm talking about.
Go on..
A guy taking more loans .. so he is already in debt
He needs money and he only has a loan as a solution , it means he has no money outside his bitcoins and bitstampmoney
And yet he wants to take it and invest it (aka smartsuit gambling)
And you don't see a problem with it
Kinda reminds me of that guy that bet "double or nothing" on his stash of ~50 BTC with a single dice roll. Btw, he lost.
Link please!
Fuck that 50 Beanie Babies bet.
This one buried the fucker for eternity
aaaahahahahahahahahahahahahahahahahaaaaahahahahahahahahahahahahahahahahaaaaahah
ahahahahahahahahahahahahahahaaaaahahahahahahahahahahahahahahahahaaaaahahahahaha
hahahahahahahahahahahaaaaahahahahahahahahahahahahahahahahaaaaahahahahahahahahah
ahahahahahahahaaaaahahahahahahahahahahahahahahahahaaaaahahahahahahahahahahahaha
hahahahaaaaahahahahahahahahahahahahahahahahaaaaahahahahahahahahahahahahahahahah
aaaaahahahahahahahahahahahahahahahahaaaaahahahahahahahahahahahahahahahahaaaaaha
hahahahahahahahahahahahahahahaaaaahahahahahahahahahahahahahahahaha
919.
Post 10087077 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.45h):
920.
Post 10134775 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.47h):
921.
Post 10137530 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.47h):
This is how the whole bitcoin thing starts to look like:
922.
Post 10137599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.47h):
923.
Post 10137906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.47h):
its ISIS raiding on bitcoin!
924.
Post 10147587 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.48h):
LMAOOOOOOO 10k dump on stamp back to 159$
925.
Post 10147894 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.48h):
illuminatis be like:
926.
Post 10161627 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.49h):
927.
Post 10172834 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.50h):
i say down
nothing changed.
average buy zone 180-140$
928.
Post 10217805 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.51h):
wuuut?! nyse (and coinbase) promoting transparency?!!
im out, bitcoin is doomed guys. run for your lives.
929.
Post 10228771 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.51h):
...
I still read your main account, you put quite a bit of effort into that one, but your alts go on ignore
you turned to a delusional cultist.... but hey who knows, maybe I am the delusional one here, we will see about it later.
Aww, second time you accuse me of becoming a "cultist". You'll note that there are no "$10k coin in summer" predictions coming from me.
But when the retardo troll crowd tries to spin another major investment by the legacy finance world as further signs that crypto is doomed... well, it's getting a bit transparent.
This is what I am trying to say, Bitcoin is fine for now, in fact it is doing better than anytime before...but Bitcoin price is really not OK, the soonest this bubble burst the faster things can develop and normal growth can start again ( and we can get rid of these fucking trolls, both sides bears and bulls).... for now it is just painful, slow and boring bear market.
I agree, the sooner this bear bubble bursts the better.
As long as there is mining to prove bitcoin's work and the blockchain. There will be a 'bear bubble', I think there is a total of 3250 btc that needs to be sold daily for miners to return their electricity pay.
oh not again with this no-argument plz. big miners dont dump. or else they dump OTC. not on stamp or finex.
930.
Post 10229632 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.51h):
For all those doubting how amateurish
and criminal our exchanges are, tune in yourself:
http://vocaroo.com/i/s1JIOjeIjWbNA professional criminal would never slip up, and an honest amateur would not do this. But when you combine both, you get the clusterfuck we have.
931.
Post 10233387 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.51h):
oh banksters:
It was a normal Saturday morning, and Toronto resident Frantz St. Fleur was minding his own business as he deposited a check at Scotiabank. He was a particularly loyal customer, having stayed with the bank for nearly a decade. Then, out of nowhere, the police jumped him and had him arrested. The check he was depositing was made out for $9000, a refund of his deposit for a failed condo purchase in April of last year.
It seems that when St. Fleur presented his check, a bank employee had him come to her office where she showed him several investment opportunities. When St. Fleur declined because he was not interested in such products, the bank employee left and the police arrived shortly after.
The 38-year-old Toronto man recounts the experience and remembers it as, “the worst thing that has ever happened to me,” and, “horrible.” St. Fleur commented, “I’ve never been arrested [in] my life. It was a Saturday morning; the bank was full and the mall also… everybody was looking at me, and nothing was done quietly. Everybody saw everything that happened.”
http://anonhq.com/depositing-9000-money-land-jail/jail for depositing a check.. wow
932.
Post 10245857 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.52h):
933.
Post 10254737 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.52h):
934.
Post 10256599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.52h):
There you go
throw over?
935.
Post 10259556 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.52h):
“To have an organized exchange that has the backing of thoughtful venture capitalists and investors addresses one of the main problems with bitcoin: its extreme volatility,"
An era has come to an end traders. Bitcoin will now be predictable and boring
... yeah, until wall st gets hacked.
man i just cant wait..
936.
Post 10264176 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
sell sell sell
937.
Post 10264664 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
this is so not going to end well..
938.
Post 10265907 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Just to be safe I already placed some heavy shorts at 366,666
+1 because trading is so much fun
939.
Post 10265967 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Just to be safe I already placed some heavy shorts at 366,666
+1 because trading is so much fun
I think we get one MOFO pump to 380ish within one hour.
Make sure you sell before.
right, sprinkling asks from 350 to $380.
on the bull cake. with love.
940.
Post 10267372 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
941.
Post 10268121 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Still the same trolls today crying that they can't make any money with this so called shitcoin that's impossible to secure. LOL
Hi, fonzi
lmao
942.
Post 10271641 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
DOOM.
943.
Post 10275476 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
944.
Post 10276098 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Yo Macsga!
Saw you made some changes in Greece this weekend!
Hopefully, this is only the beginning. Expect more from Greece. We owe it to ourselves.
As a wiseman once said:
"Never underestimate the people who have nothing to lose".
Congratulations.
Still have to pay your debt ^_^
Do the math. It's not going to happen.
Hey, who says you can't try to squeeze some extra blood from a stone.
Especially stones that self-righteously declare "Hey guys, we changed our minds about the treaties we just signed last year."
this syriza thing is just PR noise.
it will just have the impact of a soap bubble.
greece is finished, they sold everything.
EU is a ticking bomb.
Euro is doomed.
its time to go back to nature guys.
ignore the technocrates, let them rot with their failure of a banking system.
run for the country side, grow your food and live a happy and healthy life.
945.
Post 10276196 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
2k dump on stamp takes it <$250 once more
done.
946.
Post 10276394 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Yo Macsga!
Saw you made some changes in Greece this weekend!
Hopefully, this is only the beginning. Expect more from Greece. We owe it to ourselves.
As a wiseman once said:
"Never underestimate the people who have nothing to lose".
Congratulations.
Still have to pay your debt ^_^When you borrow money from germans : German Friends.
When you have to give it back: Damn Nazis!
haha. nice one
What are the three things you can't see anymore while visiting Greece ?
The statue of Zeus , The Colossus of Rhodes and a Receipt.
The Eurozone credit ratings are like a frying pan.
Greece at the bottom...
947.
Post 10276457 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.53h):
Every person from our country lent 500€ to Greece. I would gladly transform this for few weeks on Corfu.
A beer for 100 drachmas and gyros for not much more - that was good times. Yamas!
Actually, it was your
banks (including perhaps your central bank) lent to Greek
banks (including presumably the Greek central bank) a mountain of euros. Where that money went, it is not clear;
but anyway the Greek government, that had been elected by the banks, decided that each Greek citizen had to fork 500 euros to pay your banks. Which was the bankers' aim all along: take more wealth from the general public.
Trouble is, the Greek citizens were never asked whether they agreed to any step of that plan, not even told clearly what the plan was.
I missed that election .....when did it happen?
And:
If they were able (the banks) to elect a government why weren't they able to do the same two days ago?
nothing changed dont worry..
948.
Post 10289019 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
949.
Post 10293933 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Anyone who lost money on the easiest to see pump and dump ever deserved it lol
950.
Post 10294015 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
You don't get it, there's no cashing out and no "manipulation", just bears increasing their BTC stack. If (when) price goes up in thousands (or 10's of thousands) of US$ the only thing that matters is how much BTC you have at that moment. If the price went <$100 in the meantime, or if that moment will be in 2015 or 2020 is completely irrelevant.
Exactly! I also focus only on how many btc I am accruing. The amount of $$ is irrelevant.
951.
Post 10294196 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
I guess you bears are long stocks so maybe it´s not a very interesting subject.
Short BTC, long stocks what could go wrong.
Investment Guide For The American Dystopia: Go Long the 1%, Short The Middle Class
http://www.zerohedge.com/news/2015-01-12/investment-guide-american-dystopia-go-long-1-short-middle-class
952.
Post 10296676 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Fuck sake... should I buy a little (you know for savings not trading) looks like its a steady rise?
Why didnt you buy when it was $150's last week.
Now it is up 60% from then
why bother when next week it will be at $75
That high?
Lol, @ 75 I'm all-in
Why would you buy in at 75 when a week later it will be at 45...you see where I'm going with this right?
sub zero!
953.
Post 10296703 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
no, thats ripple
BTW i may have fonud why we are sinking..
Mark Karpeles still wondering around this forum:
https://bitcointalk.org/index.php?action=profile;u=2134Last Active: January 28, 2015, 07:54:14
954.
Post 10299843 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Solid wallflashing at stamp 5k
Buy or sell wall?
It was a bidwall, was there for about 5 seconds
955.
Post 10300878 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Sure. Keep telling yourself that everything is looking great and this is anything else than a useless pump and dump coin being raped by traders.
Cannot be raped if we never sell for a loss. If Bitcoin fails than we lose everything but we are willing to take that risk in completing this experiment, otherwise
being a dis-inflationary currency we will eventually see a reversal in 2016 at the latest.
By 2016 nobody is using this useless slow coin anymore. Tons of alt coins out there are better than Bitcoin. And seeing how Bitcoin adoption is greatly slowing down every day there will be no reason to use it anymore by the end 2015.
But go ahead and keep buying thinking we will go the moon. I'll be here to enjoy the show.
If adoption is greatly slowing down every day, why did NYSE, BBVA, and DoCoMo throw away $75 million at a Bitcoin based company in Coinbase?
Seems counter-intuitive for such prominent investors.
Because they don't give a shit about Bitcoin. They invested in a company. If another coin takes over Coinbase will simply switch to that one.
If you would stop being so delusional and face the fact that the coins you bought at 800 will always be a loss then you can start thinking clear again and look less like an idiot.
Apart from
no one will touch a crypto if BTC dies at this stage... and to think that they will is delusional.
dont fall for it..
956.
Post 10300906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Yeah because I trust the Israhelli's and AlCIAduh to tell me the news. ISIS IS US, anyone who does not realise this needs to read a f£$%^&% book
I know its hard being brainwashed but there is a way to break out ya know
957.
Post 10300937 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.54h):
Sure. Keep telling yourself that everything is looking great and this is anything else than a useless pump and dump coin being raped by traders.
Cannot be raped if we never sell for a loss. If Bitcoin fails than we lose everything but we are willing to take that risk in completing this experiment, otherwise
being a dis-inflationary currency we will eventually see a reversal in 2016 at the latest.
By 2016 nobody is using this useless slow coin anymore. Tons of alt coins out there are better than Bitcoin. And seeing how Bitcoin adoption is greatly slowing down every day there will be no reason to use it anymore by the end 2015.
But go ahead and keep buying thinking we will go the moon. I'll be here to enjoy the show.
958.
Post 10309411 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.55h):
How are you not pissed is the thing I don't get!? It's cool though w/e
I think everyone is still wondering. What are we supposed to be pissed about?
It's actually pretty exciting, we have a bitcoin exchange in the US.
I am not pissed, i won and lost some money trading the pump and the dump, but i won more than i lost, so i am not pissed.
Bitcoin is still the far west.
Verdun is for pussies in comparaison with btc
959.
Post 10319611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.55h):
bitcoin is far from next bubble.
expect downtrend to continue.
960.
Post 10336869 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.55h):
ITS A TARRRRP!
961.
Post 10350805 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
962.
Post 10353672 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
Yea bearshow is over again. Was fun etc. but I'm not impressed.
Think we will be over 230 again by tomorrow.
lower highs.. higher lows.
until eventually the mascarade if over.
963.
Post 10354098 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
Suppose that the USD supply was limited to just 21.000.000 USD for the whole planet and the whole existing money supply.
Given that the USA current debt ceiling is standing at 16 TRILLION USD, just to cover this debt alone, the value of each "limited supply dollar" would have to be 761,904 "unlimited supply dollars".
It seems to me that in the long term there can only be two possibilities: either bitcoin will just disappear or remain the play-money of a very limited geek group or will rise in value to the six digit value against the "unlimited supply dollars".
The herd says dollars = dollars and btc doesn't matter ... even 6 years later ... seriously ... anybody i ever talk to about btc thinks im a fucking crazy person ... that's a hellllllluva looooooot of time for any sort of mass adoption to occur ... but if it ever is valued in the 6 figures well whoopdie fucking do i'm a millionaire for absolutely no reason at all besides i know about this ridiculous thing ... meanwhile the entire global order will have collapsed in order to cause that and a million dollars will be meaningless and we'll all be living in violent anarchy ... btw as soon as i saw the tv ad for applepay the exact words that came to mind were "ohhh fuck this is going to kill bitcoin for sure"
it all cuts down to the next economical/financial/monetary crisis.
whether it be in 2 or 20 years, ima be ready
964.
Post 10363596 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
965.
Post 10363611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
That's not a bubble alert. That's a babyboom alert.
966.
Post 10366911 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
^ lol
967.
Post 10366984 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
968.
Post 10367049 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
969.
Post 10367338 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
Laughing at bears - check
Cheap coins - check
Short squeeze incoming - check
I
I
I
I
V
Sub 200 incoming
I HOPE you're right. 5 BTC for a grand, can you believe it? I can't wait.
Gives me a boner just thinking about it.dude you need a life.
970.
Post 10376659 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
so you guys what is your opinion? we are going up or down?
i'd say down. i dont feel despair yet.
971.
Post 10376898 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
Can anyone recommend a good charting website if bitcoinwisdom is down for btce?
https://cryptowat.ch/bitstamp/btcusd/3min/
972.
Post 10377185 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
I'm buying back in again after selling at $218.
so we're probably going down
IIRC you were a permabull, or is my memory failing?
And we'll soon see if going down or towards 235$, just a couple of hours will clarify this.
nah pump already over.
973.
Post 10377248 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.56h):
400 USD seems so far away.
Jeez.
974.
Post 10394378 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
damn sold at 220, should i rebuy?
If you wish, I would
time to get the other half
975.
Post 10402702 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
it seem price has staibilized it self above 220 mark ?
im happy with this... i hope 220 all the way to 2016, agree ?
Depends. Inflation is always good. And for people into mining they would definitely want it to increase.
with inflation then the price of bitcoin should be lower and lower...
Why is that ?
because there is more bitcoins entering the market day after day..
976.
Post 10405269 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
i bought in so CCMF plz!
977.
Post 10415830 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
978.
Post 10417054 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
...
979.
Post 10418617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
I will have bought at sub 215 what I sold before at 220.
such profit, G..
980.
Post 10419467 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.57h):
You guys watching finex? Someone does not want it over $220. Insta 3k BTC sell wall, LOL
i think 'the great legendary trade sideways of 2015 and 2016' has commenced ('chinese panic' and 'dream pump' canceled) . bitcoin staying range bound until jan 2017 or until the economic crisis hits whichever comes first .
Agreed. We should speculate on
why for fun. One guess could be to reset the long term indicators, perhaps an attempt to put a stop to the downward's spiral.
crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis! crisis!
981.
Post 10431736 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
982.
Post 10431805 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
983.
Post 10467872 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
♫ ♪♩♪
drop it like it's hot ♩♪ ♫ ♪ ♬
984.
Post 10468022 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
check bter.com website new notice:
lol good luck with that
985.
Post 10468201 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
truely amazing, the crash is even faster than the rise..
986.
Post 10468214 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
truely amazing, the crash is even faster than the rise..
it's because the price is only driven by daytrader who want to make fast $$
987.
Post 10468236 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
wow, fucking bothers me that everytime I put a sell order, it's perfect but $1 or $2 short of filling....
Would of had so much bitcoin if I was lucky for once
sold @261
988.
Post 10468335 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
everybody over here are master traders.
I wonder where all that money is coming from?
oi, that just paper.
989.
Post 10468584 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...
This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"
I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their
"fair share".
Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)
Life ain't fair. If you don't like it, tough shit.
Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts.
How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.lul wut?
990.
Post 10468634 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...
This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"
I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their
"fair share".
Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)
Life ain't fair. If you don't like it, tough shit.
Your statement that life is not fair and if people don't like it tough shit is arrogant elitist and offensive. Your other statements on how you wish life were fair come across to me as completely ingenuous. If we ever have a revolution , a real revolution , not the 60s hippy bullshit revolution , people like you (i am *assuming* you are rich) will hang from the lampposts.
How about all the workers poor aka the majority of all the people go to city hall pour gas on themselves and flick that lighter ? No more slaves and the elites have their shiny marble covered in burnt guts sounds like how life should be huh ? Fuck you sicko.lul wut?
Americans think gas is a liquid.
991.
Post 10468793 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
is crypto done??
no. it's funky.
992.
Post 10468843 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
Fuck you sicko.
What is your point:
- that rich people must suffer
- that being lucky or successful must be punished
??
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
by having the poor commit mass suicide?! burnt guts and al dat?
993.
Post 10468957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
Fuck you sicko.
What is your point:
- that rich people must suffer
- that being lucky or successful must be punished
??
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
by having the poor commit mass suicide?! burnt guts and al dat?
every day - every city hall -1 by 1 - until the shame of death for power consumes them - if need be
994.
Post 10471408 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
master has spoken:
The big move is on the way due to this
Daily ADX suggests bullish kickstart
Weekly ADX shows depressing bearish activity
Daily macd shows a bullish hook
BUT. Any daily close bellow 208 (daily lower BB) will instantly activate further price drop. As well as any close above 254 will instantly activate bullish wedge breakout.
So I watch for daily BB borders.
995.
Post 10472500 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.58h):
996.
Post 10476503 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
Hackers steal at least $300mn from 100 banks
Nobody is blaming bitcoin, yet.
Fuck it. I blame Ripple
997.
Post 10482994 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
998.
Post 10483135 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
999.
Post 10487318 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
1000.
Post 10492955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
another 100k longs exited
makes 220k in an hour
Seems to be topping.
Where are you seeing those numbers, OKcoin? Futures?
I watch
www.bfxdata.com pretty closely.
long 'exiting' is bullish? or they 'shorted' their longs?
1001.
Post 10512715 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
Market doesn't react at all to the news of Germany not accepting Greece's request for new money?
Ahem, it is not very relevant for the Chinese gamblers at Huobi and OKCoin, is it?
Greece leaving the Euro, if it happens , will be relevant to everyone.....
1002.
Post 10521974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
Ordinarily I might agree with you, but Greece can't possibly have economic recovery under present terms. Servicing their debt is sucking too much money out of their economy. Syrzia (sp?) can try to deflect blame (for breaking campaign promises), but you can't fill empty bellies with rhetoric, so they will fail.
[barges in]
True. Problem is, "growth destroying austerity" isn't the main item on the menu in the EU anymore. For a decent summary of that sentiment (in a Greek newspaper even)
http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_16/02/2015_547315In the beginning of the crisis, Germany and the rest of the "Northern" bunch played austerity hardball, to reign in the overspending of some of the EZ members. Which had the desired effect (primary budget surplus).
But that's pretty much old news by now. Even the stodgy Germans (or their
government Mutti) understand that, at some point, more than spending cuts are needed. See: Draghi's QE, Juncker's growth spending plan (even if it's mostly symbolic, it's a change of tone then). I mean, even German newspapers nowadays focus more on the fact that Greece has a huge tax evasion problem among their upper income bracket than the notion that they can't keep their budget in check.
Problem is, Syriza can make a damn good living on going on about the old news, since that's what still gets people in Greece riled up - and to some degree, understandably so: for the lower and middle class, life sucks in Greece. What I don't get is why they don't direct their anger towards those who really are at the center of their problem: their richest few, who escape taxation and have gone through the crisis pretty much unaffected.
Meh. True problem is we (as in we, humble occidentals..) got fucked up elites. Totally disconnected from reality. Keynes and other freakin dogmas rulling your poor ass.
Grèce is already backing down. Nothing is happening its just a good ol comedia dramatica.
Slow l'y but surely, This is just going to end up in misery and death.
Like if anyone cares anyway.
1003.
Post 10522063 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
... Nothing is happening its just a good ol comedia dramatica.
Slow l'y but surely, This is just going to end up in misery and death.
Like if anyone cares anyway.
Are you talking about this thread? If so, well put!
Lol
1004.
Post 10528703 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
Greek deal is reached (apparently - though we have had many false starts). Bitcoin is flat... interesting.
It's so funny to watch. Syriza was all like "we're getting out of the Euro, blablabla".
What did they get? An extension which would have been granted to any political party who would have won.
A change of name for the Troika, so that they can brag to the Greek citizens.
Ridiculous.
They need a better meme before this is over
Troika repayment redefined
Flexible repayment
Soft repayment
Dignity deal
Prosperity swap
No greek left behind
Euro Unity Reassurance deal
Responsible Prosperity
respionsible anti austerity
Hellenic eternal enlightenment revival and inclusion treaty of the 21.century
Something.
Happy to quote myself here, because it was borderline brilliant. Anyone want to chirp in? A good meme for the politically grand success of todays Eurogroup meeting.
1005.
Post 10540049 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
yup, if you can break it, just drop it.
1006.
Post 10540385 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
please keep these coming
lol i want him back, with him bitcoin went +$1000. such brave bitcoiner.
1007.
Post 10540496 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
that guy is a proved scammer
nah bruh. a hero.
1008.
Post 10540522 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
that guy is a proved scammer
Orly? You gotta be kidding me.
I don't think so.
he did some good stuff before.
You don't think what? Mark Karpeles is a great guy, he did a lot of things for BTC. He fucked up really bad in the end but this was inevitable.
he's like, bitcoin falling angel.
1009.
Post 10540613 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
he did some good stuff before.
Such as? (Genuinely asking).
provide the very first massive bitcoin exchange to the world.
let them speculators having fun.
led bitcoin over 1200$
provoked first major media breakthrough for bitcoin whilst
retiring.
a hero.
1010.
Post 10546057 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_13.59h):
there is so much profit yet to be made downward.
1011.
Post 10554588 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
Linear scale is useless for drawing lines.
lol because log scale is useful..
1012.
Post 10557013 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.
Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.
Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day.
There is more belief of short traders and options sellers using leverage.
3600 is not that much
that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.
But some relief will come in 18months
Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000 / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day
$850,000 / 136,000 new adopers = $6.25 per new person
lol
1013.
Post 10557148 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
If this bear market has been largely caused by Chinese miners that can do nothing with bitcoins except sell them, then it is likely to end when one of two things happen: Either they run out of stockpiled coins to sell over and above coins they are mining, or when the Chinese economy gets so bad that they realize that the killer app is to sneak out of the country with them.
Right now Bitcoins seems to be an answer in search of a problem: Most obviously capital controls in a world where capital is still largely mobile. When this situation changes, it is likely to be sudden and swift although the time frame is difficult to predict with any accuracy.
Mined coins are not that much, 3600 per day and the Chinese probably only have less than 35% share of that so thats only 1200 coins per days assuming they sell all of them every day.
There is more belief of short traders and options sellers using leverage.
3600 is not that much
that's like additional $850,000 sell pressure every single day. BTC is not that liquid to easily sustain that.
But some relief will come in 18months
Let assume that only 15% of population will use bitcoin in next 20 years.
=> it is 1,000,000,000 / 20 years
=> 50,000,000 new adopters per year
=> 136,000 new adopters every day
$850,000 / 136,000 new adopers = $6.25 per new person
lol
Check reality. Price is $230+ and rising. :-)
not yet 136k new users errday tho
1014.
Post 10563715 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
I expect things to go much better into EU exchanges after this. Kraken's Bank is also Fidor.
Because many Europeans are sick of the EU and the EURO
heyy no. i like euro (toilet) paper. wit dis me cun bye bitcoinz!
1015.
Post 10563852 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
I expect things to go much better into EU exchanges after this. Kraken's Bank is also Fidor.
Because many Europeans are sick of the EU and the EURO
heyy no. i like euro (toilet) paper. wit dis me cun bye bitcoinz!
Yeah but how do you feel buying milk and bread using toilet paper??
FUCKING Unhygienic!!
how about buying toilet paper with.. toilet paper? ^^
1016.
Post 10563993 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
I expect things to go much better into EU exchanges after this. Kraken's Bank is also Fidor.
Because many Europeans are sick of the EU and the EURO
heyy no. i like euro (toilet) paper. wit dis me cun bye bitcoinz!
Yeah but how do you feel buying milk and bread using toilet paper??
FUCKING Unhygienic!!
how about buying toilet paper with.. toilet paper? ^^
My gentleman, how much toilet paper do you need?
hum at least as much as bitcorns!
1017.
Post 10564547 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
I expect things to go much better into EU exchanges after this. Kraken's Bank is also Fidor.
Because many Europeans are sick of the EU and the EURO
heyy no. i like euro (toilet) paper. wit dis me cun bye bitcoinz!
Yeah but how do you feel buying milk and bread using toilet paper??
FUCKING Unhygienic!!
how about buying toilet paper with.. toilet paper? ^^
You mean exchanging toilet paper with better quality toilet paper.
yea, one that actually does not sore you bum wiping it.
1018.
Post 10567409 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
No, its not. Thats just plain BS. Pointless political gesticulations.
Like how they are just backing up for 4 miserable months of further debt.
Truely pathetic.
1019.
Post 10567494 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
No, its not. Thats just plain BS. Pointless political gesticulations.
Like how they are just backing up for 4 miserable months of further debt.
Truely pathetic.
meh... it is interesting that Blockchain tech is being talked about in these contexts is all I meant.... I do not think they are likely to do it anytime soon..
Sure sure, but that 'blockchain technology is what matter' is typical of the BS destabilization of bitcoin discourse by govs and other powers in place.
Just remember,
Bitcoin's fundamentals are not fungible with government interests. Never.
That's the essence of Bitcoin. That's why it shall succeed.
Let them dream about their debtcoin and other fedcoin. There wont be anything innovative about that anyway.
1020.
Post 10567561 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
^Moving. Leveraged long, I take it?
actually im short of a bit. but the remaining longs are QE leveraged. yeah.
1021.
Post 10567604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
^Moving. Leveraged long, I take it?
actually im short of a bit. but the remaining longs are QE leveraged. yeah.
Not even gonna ask...
cool. now get back to your trolling. you shoudl feel itchy by now.
1022.
Post 10567673 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
@hdbuck: I agree; there are paradigms of digital currencies that have a centralized authority to monitor/mine for them (ie: Ripple). I'd say though; incorporating bitcoin instead is not a bad idea at all. Maybe it would have been the BEST idea as a move towards a better/healthier monetary system. We only need a spark for a fire...
Governments are incapable of implementing a 'healthier' monetary system.. Thats why they passed the baby on to banksters.
Just let the people decide. Im kinda sick of all those people begging for permission and regulation. Viva le free market.
1023.
Post 10567846 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
Imagine Bitcoin is 500$ tomorrow morning. Looks impossible, right?
possible, but improbable. ^^
1024.
Post 10588767 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
whining, crying, bitching
suck a meth junkies sweaty ass
blabla
And another full day spending behind your computer screen trolling ahead of you! Such a life! How much are you going to make today? $40,- ?
Sometime i feel bad for you, i really do. You probably have been picked on your whole life and fell out of school because of that, and now this life
Anyway..Maybe you still have that exciting trip to the grocery store this week ahead of you, at least something to look forward to
Lambie, livin la vida loca :*
+1
poor lambie, such despair hidden behind his trolling..
1025.
Post 10590077 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
mehehe:
https://jpmchase.taleo.net/careersection/2/jobdetail.ftl?lang=en&job=1530736&src=JB-13027"You care about disruption and have opinions on the future of banking, the payments system, and how to improve upon our existing financial infrastructure. You have an opinion on bitcoin and other cryptocurrencies."
1026.
Post 10592070 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
the next 24 hours is critical for bitcoin
when people here start saying so, it usually gets uggly within 48h.
1027.
Post 10592282 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.00h):
whining, crying, bitching
suck a meth junkies sweaty ass
blabla
And another full day spending behind your computer screen trolling ahead of you! Such a life! How much are you going to make today? $40,- ?
Sometime i feel bad for you, i really do. You probably have been picked on your whole life and fell out of school because of that, and now this life
Anyway..Maybe you still have that exciting trip to the grocery store this week ahead of you, at least something to look forward to
Lambie, livin la vida loca :*
As expected, lambie and puppet accounts still here after 6 hours. Lot's of despair behind your trolling
How was your day? hahaha
Livin la vida loca?
he created alt accounts so he could talk to himself whislt hanging onto that sad illusion that he talks to somebody else.
1028.
Post 10598535 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.01h):
bulltarp
1029.
Post 10610089 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.01h):
Obama: If only we could rid the world of the dumbest, greediest criminal element, without harming normal people...
CIA: Mr. President, our secret research labs have finally perfected just such a weapon. We call it ... Bitcoin.
Obama: Hahahahahahahahaha! Make it so!
Obama: Now we only need a name. The creator of Bitcoin, what could it be?
CIA: What are you thinking Mr. President? First thing that comes to your mind.
Obama: Gotta be something hilarious. "So a man took a shit". Make an anagram out of that. Go ahead lol
CIA: mmh... ... "Satoshi Nakamoto"?
Obama: hahaha you are a fucking genius!
rofl is that a real anagram? im lazy counting the letters.. if so, +1! ^^
1030.
Post 10622225 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.01h):
1031.
Post 10635382 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.01h):
chho chooo
1032.
Post 10639712 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
Price goes up by 10% and everybody starts talking about yachts...
1033.
Post 10640502 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
Counter question: "Why do most people (mostly) trust their governments?"
Now
that is a question worth asking!
Because they chose their government.
but do they really?
1034.
Post 10640670 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
Counter question: "Why do most people (mostly) trust their governments?"
Now
that is a question worth asking!
Because they chose their government.
but do they really?
Yes, in democratic countries they do. Just because a lot of people on this forum doesn't get it their way doesn't mean that the government isn't chosen through the united democratic will of the people.
Wrong.
I didn't choose this government. I chose an alternative.
In thIs system it doesn't matter what I choose. I get the choice of the mob forced upon me.
The illusion of choice is vital for maintaining control of the population.
exactly,
its not because you get the illusion to choose between two puppet scumbags, put there by extensive media coverage and other shadow banking interests whilst pretending to be different (democrate vs republican, right vs left...) that you have a choice. you dont. they force that choice illusion so you STFU, do your chords and pay your taxes.
edit: thats called 'representative' democracy. which by definition is not democracy.
1035.
Post 10644422 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
long time trolling over the internet you NLC.. still on your mama's computer?
Any chance we can direct the fund to take out NotLambChop. I have all his details if anyone wants to pay him a visit.
eh that made me google that name.. there s pages and pages of this troll..
notlambchopJul 31, 2002
I am a new member. My name on the internet is notlambchop. My friends
have told me to not tell anyone where I live or what my real name is
because they are afraid someone will find me. I can say that I live
in the United States of America and I am proud of that.
"notlambchop"
notlambchopFeb 9, 2005
because Mom and I are using the same computer. And the same
connection. Cuz I live at her house. I am her daughter. She is my
mother. Not to be confused with my aunt, who is also named Jean
Porter. My mother's sister. NLC
https://groups.yahoo.com/neo/groups/TheIslanders/search/messages?advance=true&am=CONTAINS&at=email:notlambchop@&dm=IS_ANY&fs=false&count=10guess thats a gal in the end..
1036.
Post 10644602 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
@nlc continue your useless trollîg and ima dox the shit outta you. For free. For fun. Cuz thats what the internet is all about uh?! Pissing people off.. So just do your self a favor and take a break from your mamas computer..
1037.
Post 10652883 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
1038.
Post 10668699 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
1039.
Post 10669229 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
I wouldn't be so sure I see that barrier of $285 is too much for now. Bitcoin is way under $300 threshold since couple months now. Some really optimistic news are needed to bring back trust in bitcoin.
nahh, make it some really bad news for global finance...
1040.
Post 10673493 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
lol and this a quote from the linked article:
"The legal landscape is still vague in China, just like in any other jurisdiction."
edit: a relol: charlieshrem post deleted.. XD
1041.
Post 10679800 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.02h):
all in?
Im waitin for the river..
1042.
Post 10712233 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
1043.
Post 10717689 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
bids getting thinner and thinner.. longs prepare for the squeeze.
1044.
Post 10717954 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
bids getting thinner and thinner.. longs prepare for the squeeze.
No, it's just those of us who have been ignoring your faulty predictions taking a little profit as a reward for not listening to you.
great for you
I dont know about a squeeze, but the bids are thinning. Probably a fake wall, but Bitstamp did get about 4k of asks on 300 at once, so they look very unhappy with the current price.
Downward detour likely..
just sayin
1045.
Post 10718168 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
i suspect a 'fake' 5k wall on finex @280.
otoh the one @300 seems 'legit' since people here look quite in a hurry to nibble on it.
i'd offer a bet for you doubters of my great 8ball here as to which side we are heading first.
but im off to bed.
we shall see soon enough.
stop loss all nicely set up. have fun gents.
1046.
Post 10723911 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
come on bulls, teh next 25 huors are crtical
Bulls?
1047.
Post 10726223 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
Not me, I need to see a green dildo to react like that.
1048.
Post 10729193 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
pfahahaha!!
1049.
Post 10729304 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.03h):
Bitfinex being ddos'd?
That's what I assume too.
stamp's bearwhale ddosing finex.. it shall take whatever it takes! ^^
1050.
Post 10734742 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
you guys really want them crooks spoiling our beautiful technology?
Former SEC Director Admits The Truth: The Market Is Rigged
http://www.zerohedge.com/news/2015-03-10/former-sec-director-admits-truth-market-rigged
1051.
Post 10734768 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
Bitcoin Default Swaps: Blythe Masters Joins Bitcoin Startup
http://www.zerohedge.com/news/2015-03-10/bitcoin-default-swaps-blythe-masters-joins-bitcoin-startup
“There is a school of libertarian ‘visionaries’ who want to imagine a world without big banks, big governments,” said Ms Masters, who left JPMorgan last April. “That’s nice, but completely irrelevant to this business model. We don’t imagine a world in which big banks and big governments don’t exist.”
“They say they want the world to change, but the world will change by adopting new technology to do a better job,” she said. Reducing the frictional costs of financial transactions is “one of the great challenges of our time”.
And charge a 3% commission every time the frictional costs are "reduced", she forgot to add.
rapists.
1052.
Post 10738202 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
This cracks me up.
BTC is up, doomer cry "UP too fast, it's gonna crash!"
BTC goes sideways, doomers cry "it's hitting stall speed. It's gonna crash!
momentum loss
1053.
Post 10739201 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
Lmfao
The report names Coinbase, BitPay and Ripple Labs as the leading firms in the bitcoin space.
1054.
Post 10744029 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
1055.
Post 10747097 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
1056.
Post 10747423 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
Will bitcoins be worth $1,000 again this year?
just wait for next halving, its really going to be something..
1057.
Post 10748446 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
Bulls?
1058.
Post 10748786 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
so stamp wall won over finex.. who's leading now?
1059.
Post 10749144 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
Will bitcoins be worth $1,000 again this year?
just wait for next halving, its really going to be something..
Can you help me understand why please and not the answer because there will be less coins
That is obvious, the reason i ask is because doge had a halving recently and i have seen nothing but a continuous drop in value so what makes bitcoins halving any different?
Don't get me wrong i would love to see it go to $1,000 so i can buy my house but seems all i can remember is dropping lol although recently has been a nice change...
Price rises because the supply rate drops (therefore making the remaining coins on market more valuable) - the difference between Doge and Bitcoin is that there isn't a cap to the total number of Dogecoins created, whereas Bitcoin will only ever have a max of 21m coins (unless the protocol changes).
+ Bitcoin is, despite appearances, more mature and have a better ecosystem. Dogecoin had a lot of community support for a while, but it lost a lot of steam. So a halving now just means less of a reason for people bother with it.
*network effect
*mining industry
*speculators (+ desperate financial system)
explosive cocktail that is.
last +1k ATH was just due to halving.
in between is just noise and speculation.
enjoy the ride till the next one.
1060.
Post 10751100 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
1061.
Post 10751589 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
$300 on sight!
1062.
Post 10752699 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.04h):
1063.
Post 10797345 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.05h):
so? back in bear market eh?
1064.
Post 10843396 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1065.
Post 10843719 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Short term I think we are being led by the nose, I do not trust the order books or charts, feels like something is afoot, maybe a mini spike followed by a mini dump... all depends on how 250 holds up.
If everyone is just waiting for a sign of which direction we're heading this could get ugly quick.
I've resigned myself to it getting ugly quick. It's the only way to fly
1066.
Post 10852838 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1067.
Post 10853536 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
hu ho gents!
ready to be a billionaire..
1068.
Post 10856122 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
I still wonder why almost all of the recent price increases are based on small time frame large 2-3 thousand volume candles. And I still wonder if some sort of institutional investor is buying the coins, waiting for the next dip and rebuying in order to cause less of a price hike. If you look at the finiex 15 minute candles you will see two large 3k volume boosts in price followed by a decline back to the baseline ~300 volume. Looks like a single person buying to me.
interdasting
1069.
Post 10858693 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1070.
Post 10860533 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Does this represent a bear and single digit coins?
dont know what is more stubborn.. bear or donkey..
edit: and forget that 1200$ ride.. MK is gone
edit edit: now we got that creepy Blythe Masters.. ready to rape them bitcoins out of you. *insert CFDs -> enter Wall street >> CRASHHHHHH it - "
its not about the money blytches"*
1071.
Post 10860629 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
dont know what is more stubborn.. bear or donkey..
edit: and forget that 1200$ ride.. MK is gone
Given that the best theory so far supposes that he lost the coins in 2011 and had been fractional reserving ever since, wouldn't the $1200 ride have been the worst possible outcome for him?
The $31 and $266 bubbles would have been when they were still dominating the market. Funnily enough Gox was the cause of both pops. By the time $1200 came around it was well and truly out of his hands.
oh i think MK quit right on time: at teh figgin top! uhoh! and with more than enough in his
hands pockets.
1072.
Post 10863518 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Bull market coming they said:
1073.
Post 10869222 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
thats it, i wont be buying a single coin until it goes sub 100$.
1074.
Post 10870626 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
VENTURE CAPITAL?
NASDAQ?
NSYE?
PINK SHEETS?
YEAH RIGHT!
PEPPER YOUR ANGUS!!!!
1075.
Post 10870663 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1076.
Post 10870687 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1077.
Post 10871490 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1078.
Post 10871525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
i dont get it, good news always followed by dump and bad news too ?
news dont matter. only price does.
1079.
Post 10871740 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1080.
Post 10871783 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
big fat wall on the front line on stamps
THIS IS EXCITING
lol you call 1,2k coins a wall?
pepper your angus!
1081.
Post 10871793 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Looks like a correction of the 210-300 wave to me. Nothing to see here people.
No it is not. It is either an evo dump or a miner dump or a desperate to get some fiat dump.
It's not a correction.
bulltarp.
1082.
Post 10871845 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Beartrap
1083.
Post 10871915 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1084.
Post 10871965 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
stamps eatting that bid wall
nom nom nom
1085.
Post 10872269 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
1500 dump on stamp
1086.
Post 10872315 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
angussss!
1087.
Post 10872415 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
why? you want to withdraw +5000$ cash?
1088.
Post 10872520 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
I can't take anything from infowars seriously, sorry!
edit: re @magcsa: The $5,000 aggregation rule is found at page 65 (in the section discussing Overview of the SAR) of the "Bank Secrecy Act/ Anti-Money Laundering Examination Manual" which is published by the "Federal Financial Institutions Examination Council"
The legal source is found at
31 CFR 1020.320A transaction requires reporting under the terms of this section if it is conducted or attempted by, at, or through the bank, it involves or aggregates at least $5,000 in funds or other assets, and the bank knows, suspects, or has reason to suspect that: ...
1089.
Post 10872641 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Yes it definitely is true,
They are doing the same thing in Europe... cash transactions > 1k euros aren't even allowed anymore in France!
yup
1090.
Post 10872710 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.06h):
Yes it definitely is true,
They are doing the same thing in Europe... cash transactions > 1k euros aren't even allowed anymore in France!
BTC is the future, we are early adopters, nobody can limit our cash
each time im travelling and have to fill that shitty form asking how much money you have with you..
1091.
Post 10881558 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1092.
Post 10885776 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Even though the currency was only launched today, around 100,000 entrepreneurs have adopted it in anticipation of its market debut. LEOcoin has become the second largest digital currency after Bitcoin.
good ... try again ... with less zero
1093.
Post 10885787 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1094.
Post 10887955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
bitcoin isnt going anywhere until we hit the next halving.
1095.
Post 10887996 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
just stating the obvious. trying to get you poor errant souls a rest.
1096.
Post 10894975 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
could we get sub100$ yet? just to get it over with ya know.
edit: ah nevermind.. halving still 1,5 year ahead.
1097.
Post 10895464 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
BIT is live. No shareholders are desperate to sell even for $315. Bullish?
Really, BIT is live?? Anyone can confirm? I'd expect to see a lot more market movement if it were true...
Silbert confirmed on twitter. No ask orders yet. Watch it explode here:
http://www.otcmarkets.com/stock/GBTC/quotehow many shares vs how many 'real' bitcoins in?
is theer any transparent proof?
or is it just another wallstreet hyped PONZI?
1098.
Post 10895741 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
BIT is live. No shareholders are desperate to sell even for $315. Bullish?
Really, BIT is live?? Anyone can confirm? I'd expect to see a lot more market movement if it were true...
Silbert confirmed on twitter. No ask orders yet. Watch it explode here:
http://www.otcmarkets.com/stock/GBTC/quotehow many shares vs how many 'real' bitcoins in?
is theer any transparent proof?
or is it just another wallstreet hyped PONZI?
One share is 0,1 BTC. And yes, it's a ponzi
and you call them wall street 'professionals'?
like they raised the initial-unoficial-bitcoins @600-700$ or something?
and all this for what?
paper?
here ima sell you 1 bitcoin paper for 2k.
edit: fuck it cant stop laughting, like seriously, it stinks bitcoin amateurism, its even better than MK's gox coins, since their were stolen, sure, but they were nonetheless real! so much dramma bitcoinland.
1099.
Post 10896032 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Holy crap $200 for 0.1 BTC... Buy they don't really mean anything without a seller.
It is gone, price crashed back to 500 $/BTC
From the 2014-09-30 financial statement on that page, I understand that now the fund is managed by Greyscale, and they no longer buy or sell bitcoins and no longer buy or sell shares for dollars (page 31+). Instead, there a 1st level broker and a few 2nd level brokers (including those 4 listed on the page). Those brokers can buy shares from Greyscale with bitcoins only, and will get bitcoins when they sell shares to Grayscale. In other words, it is now the brokers and the investors who must buy and sell the bitcoins on exchanges; Greyscale will just keep them safely until they are redeemed or stolen.
My guess is that those bids are just the 2nd level brokers testing the system, and the bids are not being filled because the only authorized sellers are the same 2nd level brokers, and they have no shares to sell. They must either buy some shares from Greyscale, or wait until some of the early BIT investors gives them their shares to sell.
eh, worst than bitcoiners.. 'institutional' investors.
1100.
Post 10896244 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Do bears not read the news? Who in their right mind would sell right now?
one would sell to simply:
1/profit
2/load up moar lower
3/rince & repeat
1101.
Post 10896474 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
From the 2014-09-30 financial statement on that page, I understand that now the fund is managed by Greyscale, and they no longer buy or sell bitcoins and no longer buy or sell shares for dollars (page 31+). Instead, there a 1st level broker and a few 2nd level brokers (including those 4 listed on the page). Those brokers can buy shares from Greyscale with bitcoins only, and will get bitcoins when they sell shares to Grayscale. In other words, it is now the brokers and the investors who must buy and sell the bitcoins on exchanges; Greyscale will just keep them safely until they are redeemed or stolen.
My guess is that those bids are just the 2nd level brokers testing the system, and the bids are not being filled because the only authorized sellers are the same 2nd level brokers, and they have no shares to sell. They must either buy some shares from Greyscale, or wait until some of the early BIT investors gives them their shares to sell.
I think you need to work on your reading comprehension.
What did you understand from that?
Just about everything you said is wrong. You are right that Greyscale is managing the fund. Everything else is wrong.
Greyscale doesn't keep the Bitcoin safe, they exchange baskets of shares from the Bitcoin Investment Trust (BIT).
Basically, shares of GBTC are created by exchanging BIT for GBTC and destroyed by redeeming GBTC for BIT.
I'm not going to explain the entire document.
but where teh bitcoins??!
this suonds worst than MtGox's fractional reserves.
1102.
Post 10896533 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
From the 2014-09-30 financial statement on that page, I understand that now the fund is managed by Greyscale, and they no longer buy or sell bitcoins and no longer buy or sell shares for dollars (page 31+). Instead, there a 1st level broker and a few 2nd level brokers (including those 4 listed on the page). Those brokers can buy shares from Greyscale with bitcoins only, and will get bitcoins when they sell shares to Grayscale. In other words, it is now the brokers and the investors who must buy and sell the bitcoins on exchanges; Greyscale will just keep them safely until they are redeemed or stolen.
My guess is that those bids are just the 2nd level brokers testing the system, and the bids are not being filled because the only authorized sellers are the same 2nd level brokers, and they have no shares to sell. They must either buy some shares from Greyscale, or wait until some of the early BIT investors gives them their shares to sell.
I think you need to work on your reading comprehension.
What did you understand from that?
Just about everything you said is wrong. You are right that Greyscale is managing the fund. Everything else is wrong.
Greyscale doesn't keep the Bitcoin safe, they exchange baskets of shares from the Bitcoin Investment Trust (BIT).
Basically, shares of GBTC are created by exchanging BIT for GBTC and destroyed by redeeming GBTC for BIT.
I'm not going to explain the entire document.
but where teh bitcoins??!
this suonds worst than MtGox's fractional reserves.
BIT holds the bitcoin. There is no fractional reserve. Each share of BIT is backed by 1/10 of a Bitcoin and shares of BIT and GBTC are equal.
how many coins does BIT hold then? any signed address known?
1103.
Post 10896548 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1. Create decentralized currency with no need for trusted third parties where users transfer value directly to each other.
2. Create ETFs and funds where trusted third parties hold the funds for you.
3. ? ? ? ? ?
4. Profit!!!
these guys are 'licensed' geniuses.
1104.
Post 10896573 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
From the 2014-09-30 financial statement on that page, I understand that now the fund is managed by Greyscale, and they no longer buy or sell bitcoins and no longer buy or sell shares for dollars (page 31+). Instead, there a 1st level broker and a few 2nd level brokers (including those 4 listed on the page). Those brokers can buy shares from Greyscale with bitcoins only, and will get bitcoins when they sell shares to Grayscale. In other words, it is now the brokers and the investors who must buy and sell the bitcoins on exchanges; Greyscale will just keep them safely until they are redeemed or stolen.
My guess is that those bids are just the 2nd level brokers testing the system, and the bids are not being filled because the only authorized sellers are the same 2nd level brokers, and they have no shares to sell. They must either buy some shares from Greyscale, or wait until some of the early BIT investors gives them their shares to sell.
I think you need to work on your reading comprehension.
What did you understand from that?
Just about everything you said is wrong. You are right that Greyscale is managing the fund. Everything else is wrong.
Greyscale doesn't keep the Bitcoin safe, they exchange baskets of shares from the Bitcoin Investment Trust (BIT).
Basically, shares of GBTC are created by exchanging BIT for GBTC and destroyed by redeeming GBTC for BIT.
I'm not going to explain the entire document.
but where teh bitcoins??!
this suonds worst than MtGox's fractional reserves.
BIT holds the bitcoin. There is no fractional reserve. Each share of BIT is backed by 1/10 of a Bitcoin and shares of BIT and GBTC are equal.
how many coins does BIT hold then? any signed address known?
Their financial report says they held 1,382,400 shares or 138,240 BTC as of Dec 31, 2014.
whoo i see.. USG 'licensed' stamp-approval magically legitimizing more
paperwork..
@gentlemand: #factsheet
1105.
Post 10896625 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
how many coins does BIT hold then? any signed address known?
Their financial report says they held 1,382,400 shares or 138,240 BTC as of Dec 31, 2014.
whoo i see.. USG 'licensed' stamp-approval magically legitimizing more
paperwork..
Are you seriously saying that Barry Silbert and the Bitcoin Investment Trust don't actually hold the bitcoin?
which bitcoins? who holds what? does barry silbert holds BIT's bitcoins? i dunno. show the bitcoins before asking people to invest. this is ridiculous.
1106.
Post 10897111 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
I love traps for todamoon-bulltards
rofl
1107.
Post 10897491 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
I want $140 coins already. When will the longs get margin called? 220-210?
Going below 236 can lead to:
Support Level 1 – 219.8
Support Level 2 – 199.7
1108.
Post 10897564 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
I want $140 coins already. When will the longs get margin called? 220-210?
Going below 236 can lead to:
Support Level 1 – 219.8
Support Level 2 – 199.7
I think we're just waiting around for the Evolution coins to dump?
uh? im waitin for capitulation. which wont happen 1,5 years before halving anyway. but we almost there.
1109.
Post 10897614 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
I want $140 coins already. When will the longs get margin called? 220-210?
Going below 236 can lead to:
Support Level 1 – 219.8
Support Level 2 – 199.7
I think we're just waiting around for the Evolution coins to dump?
uh? im waitin for capitulation. which wont happen 1,5 years before halving anyway.
You must be not losing money. How is that working for you?
lost some, won some. cant always make the right calls, but i am so not buying for now. thats all im sayin.
1110.
Post 10899784 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
week end prediction: fall to 205-210 levels. and then sub 200!
hold on bitcoiners!
1111.
Post 10900254 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
lol someone is in a trollish mood.
1112.
Post 10900773 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
don't get tricked by chinese exchanges selling you database coins. soon btc price discovery will happen at good ol wall street. buy when uncertainty and doubt peaks <3
you mean like wallstreet gold, usd and junk bonds
price discoveryTM?
why the heck people are so keen on them joining bitcoinland?
unbelievable retards. you will deserve your losses.
1113.
Post 10906923 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1114.
Post 10907005 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1115.
Post 10907074 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
moon?
No.
Cheap Coin on the floor.
1116.
Post 10907117 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Bears picnic here. Price flat lol.
lol
1117.
Post 10907141 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
moon?
No.
Cheap Coin on the floor.
"Home alone" actor before and after buying bitcoin:
1118.
Post 10907199 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1119.
Post 10907246 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Lol, this thread should be renamed to "GIF observer"
1120.
Post 10907332 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1121.
Post 10907390 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
good spot to place a long with a stop loss at 245?
maybe.
Resistance band of 252 to 254 will prevent any uptrend.
more drama on the way.
PS:
1122.
Post 10914157 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1123.
Post 10915446 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.
Charts look like there could be another leg down to 238-242. I don't think we will see anything below that.
I am hoping for a short term fall below that for a fast profit.
About the collapse I am taking a slightly longer term view. I feel if we stagnate and move down slowly there is a chance it might go below 200 and if that happens I expect to see low 100s.
exaclty, because at this point, even breaking 300 would not hold long.
and aiming a 120$ coin for a 250-300$ short is quite tempting. to the least. and for a lot of people. no rush.
1124.
Post 10915497 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1125.
Post 10915563 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Would rather wait out till tomorrow and see where it is headed. Holding well over the weekend so far while I was dreading a rapid collapse, but there might be a mini crash tomorrow.
Charts look like there could be another leg down to 238-242. I don't think we will see anything below that.
I am hoping for a short term fall below that for a fast profit.
About the collapse I am taking a slightly longer term view. I feel if we stagnate and move down slowly there is a chance it might go below 200 and if that happens I expect to see low 100s.
exaclty, because at this point,
even breaking 300 would not hold long. and aiming a 120$ coin for a 250-300$ short is quite tempting. to the least. and for a lot of people. no rush.
I feel that point is past, that is it has already happened. Still, if it goes to 300 again it would be a no brainer to sell for an assured profit.
im tellin you there is no rush..
1126.
Post 10915631 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1127.
Post 10915733 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1128.
Post 10919509 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
...
Oh dear it seems you are a British kid.
...
@Ezmoneylife: Please do not post any personal information, that's how people like inca operate.
1129.
Post 10919527 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1130.
Post 10920855 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
The Peter Todd Drama is just heating up, with the potential of essentially forking the development team. If there ever was a time where "fundamentals" stand on dubious grounds it's now.
Links?
Yes link please.
I guess he is talking about this:
https://medium.com/@octskyward/replace-by-fee-43edd9a1dd6d .
I doubt it is such a big deal though, just a proposal that is being shot down.
i wish they'd be some clear development milestones. but i guess devs like it as transparent as TBF likes its books..
1131.
Post 10921361 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
cheap coins soon.
ouh yea.
1132.
Post 10924304 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
1133.
Post 10924372 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Order books don't look very strong. I wouldn't be suprised to see test of January lows. There is just not enough cash at reasonable price for leverage btc holders. Manipulators might try to push them out of positions with a big dump.
mayday mayday
1134.
Post 10924644 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
It's not a trap my friend........
This was even better because the image wasnt fully visible on my screen until I scrolled LOL
What kind of trap is this?
1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.
You are wrong this time. it will never test 330 again. this is it!
If people short here they will lose out big time we are just over a day from + 370
Another one of you every day. This is just a few peoples claims I remember from the past week.
"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS
IMPOSSIBLE"Today, its "no $330, ever again"
$200 is coming. $100 is coming. Its just a matter of time.
QFT
if you are waiting for $ub 330. you will regret it forever. It will never happen.
Im not sure I understand your quote. QFT = Quoted for truth. You are disagreeing with me. Maybe you mean for future reference?
QFT because you seem to think $200 and $100 BTC is coming.
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
Just gonna.. post this here. More in reference to the bull-trolls. This guy here lost everything on a leveraged trade. Ouch
1135.
Post 10924675 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Nobody cares about the GBTC.
Only the bulls who are praying for a pump.
lel
I pity those fools who bought that shit. they are bag holding it and cant even sell it.
too funny.
ìf anything the GBTC 'ting is driving the price further down. ^^
1136.
Post 10924839 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Nobody cares about the GBTC.
Only the bulls who are praying for a pump.
lel
I pity those fools who bought that shit. they are bag holding it and cant even sell it.
too funny.
ìf anything the GBTC 'ting is driving the price further down. ^^
It makes sense, there is potentially more than 130k blocked coins offered to the market (they were banned from selling for over a year). I don't see any significant rally until seized coins are sold + Mtgox gets resolved or next halving comes to play.
1137.
Post 10925492 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
WASH, RINSE...
1138.
Post 10928023 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
Longs increasing.
Things could get interesting this week.
My advice is to buy before we surge upwards.
I agree. Buy so my bitcoins will be worth more.
1139.
Post 10928201 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.07h):
ETA on next major rally?
Yea, why don't we just all agree on the next major rally time, and then we buy right before it?
If only it worked that way
Going to say it might move a bit as well because its been quiet for a week might take two weeks to see a trend either way though
well if the price remains under ~250$ within the next few days, then we will certainly fall back under 235$. and belowww.
1140.
Post 10930456 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
but losing $ on fees and backwards trades (you're welcome) trying to not get caught with my pants down on potential dumps / pumps ... can we just get severe up or severe down movement and not more days of this shake shake shake crap yet ?
no, we must maintain this illusion of a perpetual rally-big pump coming up, so all of you noob traders could carry some of our heavy bags.
if you lose some $ in the process due to the fees and sideways movement even better. exchange operators and day traders are grateful.
it is coming >> halving
nothing *major* will happen in bitcoinland until then so it is a great time to short and accumulate!
1141.
Post 10931767 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
lol @ the mini pump up to 248$
1142.
Post 10933467 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Looks like a double bottom is formed @$236
I think we could call this a pump if stamp passes $250 again.
Next wall is @252. I don't think it will hold though. The bids are rising... Somebody knows something we don't?
how about people know bitcoin isnt going anywhere short term?
1143.
Post 10933548 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Even okcoin futures seem a bit slow or confused
i was expecting a lot more volume.
on the way down you will get it.
been a
long time: +1
1144.
Post 10937617 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
1145.
Post 10945076 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
So the Winklevii are pretty bad at projecting launch dates, huh? Q1 in the USA is over in a matter of hours.
Their winkdex.com website appears to have crapped out as well, I'm getting bogus charts there for today.
1146.
Post 10945524 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
anyone heard about this new currency called XRP ?
no tell me more plz. ^^
1147.
Post 10945561 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Looks as if the bids are starting to thin out now
1148.
Post 10952032 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
1149.
Post 10952186 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
btw avatars are up!
1150.
Post 10953715 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
1151.
Post 10959268 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
1152.
Post 10961947 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
BOOM motherfuckers! This is what is so beautiful about crypto: People who are marginally more concerned about their BTC getting seized by political robbers are going to take those coins off the exchanges until they are sold. Less coins available means lower supply relative to demand and...
$250
Antifragile, Bitches.
1153.
Post 10962170 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
buy bulls !
1154.
Post 10962252 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Spread the news, Ripple is fucked, SELL EVERYTHING
so is this the pump? ripplers crawling back into bitcoin? ^^
1155.
Post 10963111 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Democracy is an oxymoron. Demo-cracy mean power of people, but power over whom? Over themselves? It makes no sense, like horse riding on itself.
In reality it's state having power over people. By force and deception. Police is the force, democracy is the deception. As for relations between judges and police, it may be true, but it doesn't matter. They are parts of single entity: the state, and this entity is your collective owner. They are ultimate owners of your money, freedom and life. They can take it from you, if they decide to.
Hi again Wary,
But how would you suggest that society should arrange itself?
No rulers!
1156.
Post 10963329 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
triple top. double bottom.
1157.
Post 10963768 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
I think the dump is about to commence
1158.
Post 10965002 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.08h):
Today it is a very different landscape. We know the limits of BTC and the blockchain a lot better and new technologies are strating to appear (AND I'M NOT TALKING ABOUT ALTCOINS/SHITCOINS!!!!).
What new technologies are starting to appear?
Distributed ledgers/databases/networks that rely less and less on cryptocurrencies.
Eris industries claims to be able to use blockchains for smart contracts without a cryptotoken at all.
The ripple network doesn't rely on a cryptotoken as much as the bitcoin blockchain, the token is there but is not necessary to use it and the network is not dependent on its price.
Ethereum almost the same (Vitalik as the same views on the cryptotoken themselves)
IBM is talking about building its "adept" thing.
etc.
Simply put, today cryptotokens "are there" because that was the only security mechanism for a blockchain/consensus ledger to work that we know of. Cryptocurrencies are not really needed for themselves and they have a lot of problems that make them almost unusable as actual currencies (aside for illicit goods).
That's my view at least. I definitely don't buy into the whole story on how bitcoin is more "honest/sound money" than fiat, for an infinity of reasons.That's just a fantasy/lie by people trying to push their investment/scheme at all cost.
Simply put, whoever thinks bitcoin will replace all fiat currencies is simply delusional.
Your view is very flawed then. Not sure why you hang around on here if you cannot even see the clear benefits of bitcoin over conventional fiat currency.
fiat has some features. bitcoin has other.
1159.
Post 10976057 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
Sorry but thats bullsh*t, if the block halving changed the price would crumble.
Already replied to that. It is a subjective prediction of how "the bitcoiners" would behave. My view of "the bitcoiners" and their motivations is obviously very different from yours.
You suggest that the miners could agree on it and everyone who pays their bills (the buyers) would just be like ah okay. Not gonna happen.
Today, the new investors (those who buy or earn coins and hold them for a while) are quite happily paying 900'000 $/day to the miners, plus who-knows-how-much to the earlier investors who are selling; money that will never come back to the system. The new investors cannot be entirely conscious of that. So, if the halving were to be postponed, they would probably not take notice, and continue pouring in the same daily amounts, either way.
By the way, don't expect the price to immediately double when the next halving happens. The miners will put 1800 fewer coins per day on the markets, but many earlier investors will start selling their coins once the price rises a little. In other words, there is lots of hidden liquidity in the old hoards, that will readily absorb the 450'000 k$/day that the miners will stop receiving.
right well if it so so "subjective" in your opinion, stop harping on about how you think it will go down, as a "non investor" your opinion, literally means jack shit.
Let me tell you, and you can add this to your research, if you care for such things.... fuck with the halving, or the coin limit, and I am OUT.
So take that as you will, for what its worth... in a way I am agreeing with you, yeah they could change it, and I suggest if they think it is a good idea, they try it, and see what happens.
I and many, many, many others will be out, simple as that.
It really is simple as that.
So I agree with your Jorge, and I say let "them" who are actually "we" , try it, and lets see what happens.
Either scenario works for me, if they do it, then the market can decide, and I will decide, and if i no longer think BTC is what I want to invest in, then I will withdraw my support, as will others, and it will stand or fall on its merits.
Fine with me.
Something else will pop up, after, one thing for sure.
The system, that you seem to think will remain in place, regardless of the world swirling around it, will also continue to be accepted , or , it will not be, and it will change....
I bet on the fact it will change, and regardless of if BTC as we know it, will succeed or not, then I and everyone else will have the choice as to whether or not to support BTC, or any new innovation, or not. The market will ultimately decide what survives or not.
bitcoin is about
money power. and money
power sure finds its way.
1160.
Post 10976147 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
1161.
Post 10981443 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
Extra, Extra, Read All About it! Bitcoin Bankrupt!
Everyone has the right to know the truth:
The Foundation has almost no money left, and just fired 90% of its people. Some will stay on as volunteers.
Core dev can no longer be funded by it, and Patrick Murck is trying to re-create a new Foundation just for core dev, because the current name is tarnished. Do not fall for this.
The current Executive Director (Patrick Murck), will be gone in 2 weeks, and they are trying to find the next person to blame everything on.
Jim Harper was threatened for doing a press release which was (barely) critical of the Foundation after he got elected. The Foundation tries to make sure we hide the truth by subtly threatening us on a regular basis.
If I get asked to leave the Foundation for telling the truth, so be it. The truth is being told.
https://bitcoinfoundation.org/forum/index.php?/topic/1284-the-truth-about-the-bitcoin-foundation/ lel
http://thebitcoin.foundation/
1162.
Post 10997955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
some proper analysis, which lacks alot in here:
According to strong bearish divergence on daily chart (which price didn't neutralized during weak rally) I see a pretty propabable H&S pattern
I see only move above 310 will harm bearish scenario
Volume-wise market has been positive since 1 April, but the momentum is lost after 3 Apr, so market is likely the have corrections.. just sayin.
1163.
Post 11006569 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
1164.
Post 11010216 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
more sideways
yep..
shoulder building. and then.. dump.
1165.
Post 11012018 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
Can you guys exactly tell me what is GBTC, and how it's working?
1166.
Post 11014365 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
inca & fatty & LFC
back on ignore.
For moaning about people posting about child porn?
Ok
woz moaning at child porn?!
1167.
Post 11014700 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
lel so glad we done with these scammers.
1168.
Post 11018467 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
bitcoin ecosystem is tumbling. VCs and banksters are realizing they cant do sh*t about it. People just DGAF. TBF is ruined. halving is far ahead.
~ pepper your angus.
1169.
Post 11018827 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
I'm hearing bulls cry.
lel
Angusssssss
1170.
Post 11020529 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
Ah, I see.
It's the head and (singular) shoulder pattern.
1171.
Post 11020710 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
- snip -
So easy for whales to "paint the tape" when there are no other big players in the market, lol.
It took them 15k on finex alone, so I wouldn't call it "easy".
thats peanuts for people that used to mine 1k/day.. with GPUs..
1172.
Post 11020785 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
Since this is the Wall Observer:
1000 BTC ask-wall has appeared on Finex a minute ago at $245.01 and another 500 BTC wall at $245.51. Now there's a 246 BTC wall at $246 (sic)!
So, bears are killing the opportunity for the value to rise, is it???
Bid-wall, sorry. This feels like confusing left and right, to be honest
Well, we seem to have gone up a bit but the rally seems to be off for the time being
Ohk, then some mid-level whales are in the game setting the walls to get the coins cheaper...
But this still doesn't seem to be ending soon, it seems it might get more dumped...
give up and rejoy already..
cheap coins coming
1173.
Post 11020996 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.09h):
- snip -
So easy for whales to "paint the tape" when there are no other big players in the market, lol.
It took them 15k on finex alone, so I wouldn't call it "easy".
thats peanuts for people that used to mine 1k/day.. with GPUs..
Perhaps, but back in the bear market it only took 2-5k to initiate much bigger drops.
We're in Schroedinger's market right now. We don't really know if this is already a bull-market, again. Right now we're still in the bear-market, as well. We need a breakout to confirm the bull market.
'breakout', as you like to refer to it, has to converge from 'breaking' macro event..
1/euro crisis
2/dollar crisis
3/war
add one of these this to halving and you'll get your spaceship memes.
any other "(lol)rganic" pumps will inevitably result in more dumps.
bots and whales festing on y'all sunday bitcoiners.
1174.
Post 11025089 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
Almost 27 millions longs
Almost an infinate money supply!
too bad china does not give a fuck about bitfinex funny
money debt.
ftfy
altough its not like if china would be any more legit.
this leaves us with a lot of bitcoins..
longs to be dumped because, well, its magic!
1175.
Post 11025303 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
1176.
Post 11032909 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
There are those who claim Bitcoin was created by the NSA as the ultimate honeypot. The reasoning goes something like this:
1. Bitcoin attracts the criminal element <==prima facie, empirically substantiated, currently held axiomatic.
2. Those attracted to Bitcoin are criminals <==somewhat of a logical leap, but again, shown to be true in 99% of the cases. Remaining 1% are weirdos who like losing money, so who cares.
4. Bitcoin is instrumental in fighting crime by impoverishing those who hold it. <==not life-affirming, handicapping the criminal contingent.
5. What's more, criminals pay for their own demise (arrest->confiscate BTC->sell BTC (to criminals, who else)->rinse->repeat). <==PROFIT!
Bitcoin is best crime-fighting tool ever, Q.E.D.
No joke. A year ago, at the NY hearings, the FBI testified that they were not worried about bitcoin, so I read. To this day, I have not read of anyone from US law enforcement calling for it to be banned. Not even after the ransomware attacks against government offices.
Objectively, catching Ross Ulbricht must have been much easier than catching a traditional drug dealer, since much of the investigation could have been done remotely, by agents sitting at their desks, with hot coffee and donuts at hand...
have you red the whole story regarding Ross and his two buddies Bridges and Force?
http://www.forbes.com/sites/sarahjeong/2015/03/31/force-and-bridges/It was obviously set up from the beginning.
Silk Road Sealed Document Dump Day (Full Text):
http://qntra.net/2015/04/silk-road-sealed-document-dump-day-full-text/
1177.
Post 11034015 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
I read a lot of stuff already. Could you please summarize what is new in those docs, the point you are trying to make? That Ross was induced by rogue agents to create SilkRoad?
(Bitcoin also helped the FBI to catch and indict those two agents, by the way.)
to sum up:
- Ross was 'partnering' with Mr Force, who was kinda the 'brain' behind silk road
- Mr Force manipulated Ross, instilling paranoia until
he suggested to him to hire a hitman
- Mr Force was the one laundering SR coins,
he threathened MK BTW (which led to the freezing of MtGOX accounts in USA, starting this whole fractional reserve shitstorm..).
- Mr Force got busted because of Bitstamp which reported him
My point is that Ross is some stupid innocent scapegoat, framed by rogue agents from the beginning.
+ all the deepweb drug supermarkets are likely to be USG ops, or at least highly infiltrated.
CIA being the n°1 drug dealer worldwide.
And i wouldnt exclude the possibility that Bitcoin might be NSA's achievement.
Whatever, its a win/win for me humble bitcoiner since the NSA is way more competitive than the FED/IMF dinosaures..
edit: Mr Force got busted because of fiat, not bitcoin. If only he kept his BTC instead of laundering them on exchanges..
1178.
Post 11043493 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
1179.
Post 11054429 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.10h):
222 here we come
1180.
Post 11071419 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
Closing shop folks
Move along, there's nothing to see here anymore.
1181.
Post 11071743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
Closing shop folks
Move along, there's nothing to see here anymore.
Where is that? Poland?
yep. warsaw.
1182.
Post 11077104 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
leveraged long at 225. another dump unlikely.
1183.
Post 11085999 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
new poll, there no question if the long squeeze comes its going to mean CHEAP ASS COINS and mark the very bottom of the 1.5 year long bear market, But how low will it go, that is the question.
this no long squeeze. this doom.
1184.
Post 11086107 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
charts about to become vertical, i'll get my pair of skis !
better off with a parachute.
1185.
Post 11086817 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
someone is dumping 1k at a time.
slowly but surely eh.
1186.
Post 11107648 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.11h):
Bitcoin, by scammers, for scammersTMeh but seriously, reddit people are teh worst.
1187.
Post 11133549 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
Is today boom a twilight of bull?
Or just short party before big crash?
How do you think of it?
We are up 5 from the last days' relatively stable level. It seems noone cares.
it's how it begins, without conviction, noone believes it will go up any longer, at best sideways ...
if you are short with conviction now prepare for some long painful thought processes.+1
It is very hard to go from bull to bear (I never managed to do it). It's probably equally hard to go from bear to bull. Hard and depending on position also very painful.
Honestly, I'm not sure it's time yet, though. We might see another half a year or more of roughly sideways action ($150 to $350 range) before consolidation is finished.
aye captain, just to have the halving on sight.
1188.
Post 11133606 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
I don't see how we can go much lower.
Maybe slightly under 200 for a short period.
The -
COIN ETF
Gemini exchange
NY Bitlicense
BIT trading platform
2016 halving
All to be approved within the next 12 months or so, bears have taken us down about as low as they can, give or take 20-30 USD.
When the above kicks off it's moon time.
People just need to load up as many coins at they can in this price range.
Most people won't be able to afford 1000 + dollar bitcoins.
Buy now & if you must sell in a few years.
Now is the time to accumulate & HODL before this bitch explodes.
still, there is no hurry. summer time now
1189.
Post 11142338 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
I say we are heading for Lower Lows.
1190.
Post 11143184 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
I just read the Coindesk article about 21. Not convinced. I don't think the 21 guy knows what he's talking about. It might fall flat on its face.
Specifically
what is it that makes you think he does not know what he is talking about? (just out of interest)
(also.... what do you see as Bitcoins poor reputation)
hem, Coindesk?
1191.
Post 11157885 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
That looks like a scam email to me.
'Ameet'
Definitely not a scam email, its from seedinvest. I cut the email off in the pic the rest shows who he is.
Ameet Padte
Investment Director
SeedInvest, LLC
222 Broadway, 19th Fl., New York, NY 10038
+1 (732) 439-3810 | Skype: ameetpadte
ameet@seedinvest.com |
www.seedinvest.comStill looks like a scam email, lol
You gotta be kidding me. Go to seedinvest.com and see for yourself dammit. You people are hardheaded lol
typical successful scammers indeed.
1192.
Post 11170903 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.
There are always 2 faces in the same coin. IMHO, Bitcoin
NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.
you
NEED to go to bed.
Also, drop the mass adpotion
crap trap.
1193.
Post 11170954 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.
There are always 2 faces in the same coin. IMHO, Bitcoin
NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.
you
NEED to go to bed.
Also, drop the mass adpotion crap.
It's morning here buddy. It's 10:00am and I'm up since 05:50... and WTF is ad-potion?
yea well get your head clear, how shameful it is to appeal on regulation and mainstreaming.
This is Bitcoin!
1194.
Post 11180904 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
How many of these theoretical uber millionaires are there? who cant cash out because of the liquidity and the damage on the price before they could even get started very much unloading?
http://bitcoinrichlist.com/top100
1195.
Post 11204376 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
1196.
Post 11209122 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.12h):
Massive support at 218-200, good time to buy if you still got fiat.. Also a Grexit is getting more and more likely, if this will happen it would be a big boost for Bitcoin.
Do you really reckon that's going to happen? I think the EU leaders will do everything in their power to avoid than scenario. Also, even Greece doesn't really want to get out of the Euro zone. Even if they left, they can't just decide to break off of the world economy. It they don't do their best to get their economy back on track, they'll be getting themselves into serious trouble, I guess...
Of course nothing similar will happen. The most probable outcome if (and that's a big if) Greece decides to exit the Eurozone is to reinstate their own currency "drachma" which they can control 100% and can't be blackmailed for it like they get now for EUR. In case that happens rich greeks will buy Euros as a reserve currency, not Bitcoins. Whenever you see someone is talking about Greece defaulting being good for BTC price you may skip the rest of the writings, only thing you'll miss is the trolling.
still, bitcoin is likely to wage traditional financial macro doom.
1197.
Post 11214279 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
4k bid wall @200$ on stamp is now 2,7k
1198.
Post 11214472 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
900 BTC to $212 vs 900 BTC to $226
pepper...
1199.
Post 11214531 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
I have to show you a very dangerous channel with bottom now around $30 and falling
The longer term log channel has higher bottom, now is around $110
I cancel my bids at 170-190 hehe
some shit probably comming
That level must show some resistance, but when I look at the empty space below in chanel - I shit my pants to leave bids there.
1200.
Post 11222461 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
If you wanna give me even moar coinz, go ahead. I'm patient and not over-leveraged. The lower it goes, the more buying power I have.
no, stupid fuck.
your buying power will be the same, you will just buy more coins.
My ability to buy coinz will increase, even if the amount of fiat I have to spend remains constant. I'm pretty sure you'll run out of coinz to sell before I run out of fiat, unless I get fired I suppose.
Chinese megaminers have plenty of coins to dump, don't worry about that
BITCOIN TOP-500: 1-50
1. BTC980,000*. Satoshi Nakamoto
2. BTC400,000*. HD Moore (AHA)
3. BTC400,000*. Dustin D. Trammell (AHA)
4. BTC400,000*. Tod Beardsley (AHA)
5. BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"
6. BTC300,000. Roger Ver
7. BTC300,000*. "knightmb"
8. BTC200,000. Mark Karpeles
8.5 BTC182,592. "Loaded"
9. BTC174,000*. FBI (Federal Bureau of Investigation, USA)
10. BTC119,000. AsicMiner Management Team of 3 (names?)
11. BTC110,000. Cameron and Tyler Winklevoss
12. BTC100,000. "klaus"
13. BTC100,000. "mezzomix"
14. BTC75,000. "artforz"
15. BTC70,000. Erik Voorhees
17. BTC30,000. "nakowa"
18. BTC30,000. Mircea Popescu
19. BTC30,000. "Goat"
20. BTC25,000. Chamath Palihapitiya
21. BTC25,000. Gavin Andresen
22. BTC20,000. Max Keiser
23. BTC20,000. "Theymos"
Can anyone vouch for this list? Source?
eh, i'd argue MP has much more than 30k.. not to mention MK...
1201.
Post 11223148 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
1202.
Post 11223402 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
I think a lot of you forget that $220 or so is mining cost for a lot of operations.
says who?
ps: @Wandererfromthenorth awesome Uranus meme!
1203.
Post 11226525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
1204.
Post 11227060 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
1205.
Post 11227800 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
Let me use my common sense. Back on ignore you troll...
That's ironic (or pathetic), coming from an account that was created specifically to troll another user...
How is that different from why you made your account?
What are you talking about?
For those folks in gelid Scandinavia and anywhere else the news may not have arrived yet: @fonsie created his account specifically to troll @fonzie, one of the smartest contributors to this forum (so much so that he easily won the
bitcoin price prediction contest for 2014). But @fonzie has been rather absent of late, so @fonsie changed his life mission to troll the undersigned. Then he, or someone who thinks very much like him, created another account "@trolfi" with the same life mission -- making me the only member of this forum with not one, but *two* Exclusive Personal Trolls, a distinction that I will forever remember with pride. But then he may have found it hard to manage the two accounts at the same time, or his employer refused to pay twice for two very similar sockpuppets, or something; anyway, @trolfi seems to have left us for good.
I hope that this background information will help newbies understand some things that otherwise may seem to make no sense, such as @fonsie's bizarre signature and avatar.
This is literally the funniest and most interesting post you have ever contributed.
ZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzz.................. wut?
It may be the "trolliest" thing Jorge has ever posted.......... quite amusing, I assume it was meant in a dry sense
oh hell with this, sreiously? he is just having the moment of his life being "the only member of this forum"
DPed "with not one but *two* Exclusive Personal Trolls" on an
interent Bitcoin! forum.
ffs jorge, troll about the walls at least instead of flushing your passionating feelings all over the place. or else:
https://fetlife.com/
1206.
Post 11243552 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.13h):
AFAIK, this is likely in 3 hours. Could be epic or just fizzle out. But I have set a timer to alert me
I just had a 235.07 sell order filled, from a 214.xx buy barely a week ago. Im happy.
Congratulation to your 5$ profit!! I am really happy for you
235-214=5? You were perma-high on a math in school?
Well, maybe there was only 0,5 BTC traded?
I know, I'm a genius.
0,25
1207.
Post 11283513 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
so? where my GBTC pump?
1208.
Post 11284867 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
I now hold Bitcoin in my Roth IRA, purchased from Ameritrade.
No different than buying any other stock. (OK, pink sheets, so you must use limit orders, but you get the idea.)
I've waited years for this day! Can't wait to see what happens next.
I miiiiight have a bit of a bullish bias here ;-)
Is this with or rather through a self-funded roth ira? Sorry, I'm not overly familiar and just wanted to pick your brains a bit. This seems, well frankly, like an amazing vehicle for preserving growth.
So, if I understand correctly, you would have deposited up to $5500 for the year of contributions or how ever little; then you just bought the individual shares.
The money you've spent on this has already been taxed. So, assuming it is a qualified withdrawal; if you bought basically a coin at $420, if at the time it is withdrawn, the coin/share is now worth $1,000; you do not pay taxes on that $580 increase in value? And likewise; if the coin is worth say $32,000... you wouldn't pay tax on that additionally $31,000 in appreciation assuming it's a valid withdrawal?
That seems almost to good to be true lol. How is this not amazing!? lol?
To my knowledge, that is correct. (Consult your own accountant, blahblahblah disclaimer).
It is why I have been waiting for this day for years.
Anyone with retirement funds can now buy Bitcoin.
The faucet JUST opened, and the supply is not yet even a dribble.
It is simply unbelievable that $133.7 could be used to set an all time high.
I so badly wish it was represented on the charts.
It's showing
133.70 now. EDIT: Make that $175.00.
http://www.otcmarkets.com/stock/GBTC/quoteSo... who is still on a bear side?
bid side: 45$ top.
plus anyone could explain the hell is "Each GBTC share represents ownership of
approximately 0.1 bitcoin" supposed to mean? is one share 1/10th of an <imaginary> bitcoin or not?
1209.
Post 11284905 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
plus anyone could explain the hell is "Each GBTC share represents ownership of approximately 0.1 bitcoin" supposed to mean? is one share 1/10th of an <imaginary> bitcoin or not?
0.1 BTC - fees
lol
1210.
Post 11285894 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
So this is companies trading? I can't deposit my bitcoins and sell them there? They're paying a huge premium, why?
because they can, and they surely dont want your real bitcoins.
1211.
Post 11286071 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
So they really traded 75 btc today? WoW.
+wow
1212.
Post 11286272 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
How do I sel my BTC there at that price?
Be an accredited investor for which you'll need to prove you have a huge amount of play money then be patient for 12 months so you can sell.
You can't 'sell your BTC there'.
You have to buy or sell shares of GBTC which you own.
(IF you are an accredited investor and own coins within the trust, then yes, you have other options available to you.)
The shares I sold at $133.7 were shares I bought within my self-directed Ameritrade Roth IRA.
You do not have to be an accredited investor to buy or sell shares of this stock, whose value is backed by the number of bitcoins it holds.
im not sure what kind of sorcery is this.
1213.
Post 11288797 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
GBTC volume is lower than Cryptsy's.
1214.
Post 11289644 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
End of dump. Happy trading.
you wish
1215.
Post 11289758 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
single BTC 1,5k+ order annihilating bullish pump of the last week, and confirming huge resistance beyond $240.
you guise where just owned over again by that whale pumping your sorry hopes before cashing out the hard way on you.
wash rinse repeat? or could we get dirty now ^^
1216.
Post 11291295 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
What the hell is that 50,000 ask price all about?
Its wall street! Quick buy everything you can before they margin call you!
1217.
Post 11293237 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
Another load of coins switched from weak hands to wise hands today. $300 might take some time, but it's definetly in sight.
Pass the dutchie man
1218.
Post 11304035 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
1219.
Post 11308556 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
Miners and full nodes owners decide whether to go 20M or not. Devs (mostly only bug fixing) has no more power than normal users.
so basically when/if the 20m block is the norm...the fix is simply software ie stuff like bfgminer etc and thus you move on thru this hard fork?
so that is how consensus is reached...ie the software is mod'ed as such and if enough people follow the bread crumbs to this new fork at 20m blocks?
(if i have this completely wrong i will move on and research it further on my own ...thus keeping my ignorance to myself)
thanks
people will follow the money.
gavin fork is highly debatable and i believe its implementation will be far more difficult than he pretends.
@stolfi: this is nice for once
https://www.reddit.com/r/Bitcoin/comments/354qbm/bitcoin_devs_do_not_have_consensus_on_blocksize/
1220.
Post 11308917 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
In a fork, the chain with the most miner support (hashpower) is the most secure. Users can decide not to follow miners but risk getting stuck on an insecure blockchain, which miners backing the other chain could sabotage given their hashpower advantage.
In the event of a fork where users and miners disagree on which chain to support, which chain is Bitcoin?
i'd be tempted to say Bitcoin would be the Blockchain with most miners support.
otoh, Bitcoin would also be the one more close to its beginning, as in a hardfork is not Bitcoin but rather, well, just a fork.
1221.
Post 11309066 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
no mention of Mr Popescu?! bogusss.
1222.
Post 11312266 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
if only...
it is not flowing 'into' Bitcoin per say..
1223.
Post 11320453 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
Pepperrr
1224.
Post 11323068 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
if this little (volume) tour doesnt end above 300, things will get boring again. and then, well.. there is no small profits.
1225.
Post 11323551 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
1226.
Post 11324513 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
The GBTC market is about to open.
The GBTC market has closed.
Lol a BTC market with an open and a close... It feels so weird.
1227.
Post 11348240 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
1d stoch high as f***, expect dump after another bull fail.
1228.
Post 11356692 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
Who is afraid of the big scary ask walls. Answer no one.
How about who is excited for the bid side shrinking? Answer, meeeeeeee
1229.
Post 11356843 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.14h):
*giggle*
they can have as much confs as they want, they'll never get it.
their mind hasnt been shaped to grasp the very basic points of a world without them.
1230.
Post 11369680 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
break..
down.
1231.
Post 11374618 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
After a 2 week ban I am back.
Ban for what?
1232.
Post 11383488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland
Yes Man, buy now.
Cry later.
1233.
Post 11383737 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland
Yes Man, buy now.
Cry later.
Will I be crying from joy?
To be honest, im quite in the same situation, with some cash waiting on the Line but Also with some btc in cold wallet. Thing is i wont be buying until im sûre we Will break ATH or purge the bid side as final capitulation
1234.
Post 11383764 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Buy thèse prices are a joke knowing btc potential
1235.
Post 11384002 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Thing is i wont be buying until im sûre we Will break ATH
and how will you know that?
price will be 1199.99
Yep simple as that
1236.
Post 11404138 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
1237.
Post 11420442 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
1238.
Post 11420899 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
network deficit = transaction fees - mining cost
https://blockchain.info/charts/network-deficit"The price of any commodity tends to gravitate toward the production cost."
seems we can go lower, for the miners are *still profitable.
1239.
Post 11430685 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Peanuts compared to what their little game earned them for decades. +why the heck do they get fined only by USfreakinG? Its all just a joke. What goes around comes around. Im sick of them banksters. How shameful should bitcoiners around here be for wanking over and over because NYSE/ETF/GBTC carp in Bitcoinland. They wont serve your interests. Never. Bitcoin is on the verge here.
1240.
Post 11438994 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Ok, I've just spoken to the Norwegian tax authorities about how to classify my Bitcoin mining business and they've basically sent it back to me and asked how they do it in other countries(?!?!?!). Do any of you know what industry code / tax bracket a bitcoin mining business registers under in your country?
Lel are you actually asking how to be taxed?! Wtf is wrong with you people.
1241.
Post 11439258 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Ok, I've just spoken to the Norwegian tax authorities about how to classify my Bitcoin mining business and they've basically sent it back to me and asked how they do it in other countries(?!?!?!). Do any of you know what industry code / tax bracket a bitcoin mining business registers under in your country?
Lel are you actually asking how to be taxed?! Wtf is wrong with you people.
Not wanting to go to jail?
ah yea jail for your pocket mining money.. bad bad sheep! worst than peadophiles or all the tax evading millionaires XD
1242.
Post 11440218 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
hopefully 0,1 BTC shall be considered a wall one day
1243.
Post 11445980 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.15h):
Moon or Doom...it's back.
ima go for a doom. summer is coming, people need fiat to go on holiday.
1244.
Post 11466988 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
dump!
1245.
Post 11475098 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
1246.
Post 11481910 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
Just got (another) call from my bank. They supposedly noticed that I have a lot of cash in the bank, and zero debt. So they want to 'sell' me on some more financial services that I keep passing on.
They also keep sending me 18 mo., 0% interest checks in the mail every 4-6 weeks or so. I just keep sending them to the shredder.
I smell bank desperation.
Bullish.
dude you should have some debt. debt is cheap nowadays!
plus the bank may shut down before you paid it back entirely. this is gentlemen
1247.
Post 11485628 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
Lol 4100 unconfirmed transactions.
2142.1044921875 (KB) Block size.
Mostly just because miners haven't found a block in the last 30 minutes, which is just
coincidentally the same time the "test" began.
4900 unconfirmed transactions and 2500 KB block size, this will fuck a lot of miners.
How does this affect miners at all? Miners can output empty block if they want, regardless of how many unconfirmed transactions. When it comes to creating blocks, the miners run the show.
Edit: one thing I do find funny though, Satoshi implemented the 1MB block limit as a denial of service prevention measure, and now a handful of people on reddit are performing a denial of service attack on the network to protest the limit that was supposed to prevent the attack...
they wont even manage. redditards.
1248.
Post 11492485 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
looks familiar.
We are in the 2011-2013 boringness again, do you mean?
sdas çkda çlkd lçadjalkcjldjlkaj kladj alkhow about we are in 2015?
1249.
Post 11506714 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
drop it like it's hot
drop it like it's hot
1250.
Post 11506726 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
ps: where my 3$ dump?
1251.
Post 11509089 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
strong thread consensus here. crash below 220 it is.
1252.
Post 11521473 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
PS: hodl!
1253.
Post 11523969 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
Just saw this article: Bitfinex and BitGo Partner to Create World’s First Real-Time Proof of Reserve Bitcoin Exchange.
Is this system already in place? Haven't heard any mention of it in the last week or so..
http://www.businesswire.com/news/home/20150603005462/en/Bitfinex-BitGo-Partner-Create-World%E2%80%99s-Real-Time-Proof#.VW8C-Gnn_qBHong Kong & PALO ALTO, Calif.--(BUSINESS WIRE)--Bitfinex, the world’s leading Bitcoin exchange, today unveiled a new Bitcoin settlement and security architecture that for the first time ever offers complete segregation of all customer bitcoins. Based on BitGo’s revolutionary multi-signature technology, the Bitfinex exchange now provides individual multi-signature wallets for each customer, allowing traders to verify funds on the blockchain for complete transparency while retaining institutional-level security.
“The era of commingling customer Bitcoin and all of the associated security exposures is over,” said Zane Tackett, Director of Community & Product Development at Bitfinex. “The trading community has long sought individually verifiable accounts without sacrificing security or performance. With the help of BitGo’s multi-signature technology, the Bitfinex team is very excited to be the first exchange in the world to automate Bitcoin settlements using ‘On-Blockchain’ customer segregated wallets.”
Similar to gold exchanges offering proof of physical gold, the Bitfinex exchange allows for near-real-time verification of customer Bitcoin balances as confirmed by the Blockchain. All funds and private transactions are secured with multi-institutional, multi-signature, two-step authentication and advanced policies that support individual and institutional trading activities.
“We’ve been working with Bitfinex for several months and are impressed by their dedication to security for their users,” said BitGo CEO Mike Belshe. “The industry has been clamoring for exchanges to adopt the multi-sig model, and we’re proud that Bitfinex selected BitGo’s platform to do it. This new level of transparency and security makes breaches such as those of Mt. Gox impossible.”
Like other current bitcoin exchanges, Bitfinex previously implemented security via a shared pool, similar to using one set of keys to access an entire bank vault. Today, Bitfinex uses a unique set of keys for each user, and separates each user’s funds on the public blockchain. This powerful combination of BitGo’s multi-sig technology with Bitfinex’s exchange mitigates most of the shared pool security risks while simultaneously enabling users to verify their individual holdings on the blockchain.
Wouldn't we rally soon
?
no fake volumes <=> no rally
1254.
Post 11530434 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
But then, again, if the adoption happens fast and you want to use bitcoin for microtransactions and destroy Visa,Paypal,Stripe etc, then you will have to face the hard fact that:
7 Billion people doing 2 blockchain transactions per day will require:
- 24GB blocks
- 3.6 TB/Day
- 1.27 PetaBytes/year
So you will realize pretty fast that Moore's/Nielsen's laws cannot keep up with a hyper-growth scenario like this. In the end you will still have to rely on off chain solutions.
Thx for pointing out that Gavincoins are pointless. And there is ppl -like me- who does not want use bitcoin for microtransactions if it takes a fork and an order of magnitude greater bandwidth and storage which means much less full nodes (which are already pathetically few). There are tons of shitcoins for tips and gifts. imho Bitcoin should remain a serious crypto for gentlemen's transactions and store of value, just like gold is. BTW who would wait 3 confirmations to buy a coffee?
Let the market do the allocation thing and the fees doing their job. If it will take getting rid of tons of spam tx so be it.
why aim at 7Bn people when not even half of it have access to teh internet, 20+ years after it became mainstream.
serioulsy there is far more important matter for the rest of the world than our silly digital tokens.
first would be food and water. and no, the blockchain wont help in any way.
1255.
Post 11531084 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
Seems so; maybe the api connection died. I see bid walls rising though (Finex)... CCMF soon?
no ccmf, just a 5$ pump before a 10$dump. rinse&repeat.
1256.
Post 11539326 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
bitcoin fought the chasm in the adoption cyle. now it's clear it will not become the new instagram, facebook or google. not even the new internet. not even a industrial revolution like steam, electricity, computerization.
it will become a paradigm shift from centralization to dezentraliation.
no more contracts, notarys, lawmakers, goverments needed.
we will move on to the society of citizens, where democray and freedom is trustless.
a new dawn. you're welcome, gentleman.
You forgot to say that bitcoin will end poverty (read it in Forbes, and Sir Branson approves).
It will also end election fraud (see Swarm and the Bitcoin Foundation election).
It will also give each human being his due share of land (Factom will see to it)
It will also let the unbanked in rural Africa order cocaine through their iPhones (conflating a bit).
It will also cure cancer, obesity, baldness, and erectile disfunctions (obviously).
It will also fix the extremely unequal distribution of wealth. Wait, no, nobody wants that.
wont heal stupidity too. sry.
1257.
Post 11541264 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.16h):
RT talking bout Bitcoin's
in-depth features:
1258.
Post 11641729 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
"The bank is spending 750 million pounds to improve its technology."
And people worry that PoW mining is expensive?
1259.
Post 11645684 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
Rates across exchanges just now (:14 past the hour)
Kraken and OKcoin have a $11 difference.
does OKcoin have a dark pool? because kraken does apparently.
1260.
Post 11654872 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
1261.
Post 11693342 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.
so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.
Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??
1262.
Post 11693618 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.
so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.
Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??
Why make this public in the first place? To frighten others? To harden his position? LMAO
I personally hope many early adopters fold their bitcoins (out of ideology) - this will be remembered as the best moment in bitcoin history to buy. And it will be a great favor to bitcoin because it will provide better distribution to a wide audience.
yes, but the question remains. where and from who are you going to buy them, and most importantly...what? gavcoin or the old bitcoin.
because if your dealer/exchange refuses to update his node, well...
err, it sucks im no dev, but creating a platform to exchange both coinz a la bitcoinbuilder for goxcoinz would be easy money.
1263.
Post 11712553 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
seems the 22k bid wall on finex is gone?! 13k left!
1264.
Post 11713089 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
What will happen when the wall is gone?
1265.
Post 11731510 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.18h):
I don't think you are honest about your basic motives regarding bitcoin. I'm a 44 year old nuclear physics-guy.
Is there some sort of causality I'm missing here?
Jorge has successfully identified enough BTC scams over the years to warrant respect. Sadly, there will continue to be scammers as long as BTC attracts happy-clappy noob idiots who think they are financial geniuses.
lol its not that complicated tho. especially here.
warrant respect me bum..
1266.
Post 11739649 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
where are the "greece capital controls - bitcoin users not affected" memes
well you know how fast they are going to ban buying bitcoin in europe once they see people starting to avoiding capital controls via bitcoin?
You better do not want this to happen... Let Bitcoin do baby steps and not let it fall on it's head and get seriously hurt...
still..
and then..
1267.
Post 11742591 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
captal-controls and BTC stays more or less the same. thats kind of disappointing tbh.
It was around $240 before Greece basically walked out on negotiations.
yes, a 4% rise,and thats it? i mean seriously, a euro-zone-state getting capital controls was one of the big things to look ahead. compare that to 2013 when cyprus had problems...
No margin trading, futures, options etc available back then.
Don't expect the old parabolas anymore but we can still reach new ATHs..
at this point it would be safe to agree that all this macro circus is already priced in, considering banskters already hooked up on bitcoin, and probably accumulating "subtly" as much as possible.
so no choochoo mofos.
1268.
Post 11744995 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
1269.
Post 11745363 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
On the contrary derives a person who definitely needs mental help, not to mention special care.
So, there's nothing intelligent to see here, not to mention that judging one of these abominative posts as "intelligent" truly questions one's intelligence as well. You know; just saying.
you are greek. ofc that you will question other's intelligence and talk about special care while your country is falling apart.
Pretty much agree... It was wrong judging someone's intelligence when mine is not adequate enough for such a task. Me being a Greek solidifies your argument.
you greek? plz tell me the people there will send the banksters back to their cave! it may be hard at first but im sure if done right, you would benefit from it and will be off for better times when the rest of this damned union collapses!
1270.
Post 11745770 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
1271.
Post 11762657 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
^PEPPERRRRR
take y'all profits whilst you can!
1272.
Post 11779118 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
+1
One Correction: it's in anticipation not of Greeks buying, but of everyone buying.
yea no, i dont see greeks spending +250$ per those digital tokens you call bitcorn.
edit: time is at saving the little money they managed to get out of their banks to afford food and 1st necessity items. not
investing. not buying frappucinos with some fancy intrenet money.
1273.
Post 11794814 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
1274.
Post 11798039 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
1275.
Post 11798571 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
1276.
Post 11801950 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
Wow, crazy action on Finex!
what is going on finex,
people are buying, hundreds in one action
1277.
Post 11802166 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
lol so yanis varoufakis do quit after all..
EUsters finally got his head on platter.
http://yanisvaroufakis.eu/2015/07/06/minister-no-more/*drumroll for teh next goldman-central-mole-banker that will take the finance office..
1278.
Post 11802301 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
Obv Tsipras kicked him as he would be an obstacle in the coming negotiations.
yea obviously.. but who told tsipras he would be an obstacle? euSTERZZZZZZ!!1
1279.
Post 11802674 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.19h):
Obv Tsipras kicked him as he would be an obstacle in the coming negotiations.
yea obviously.. but who told tsipras he would be an obstacle? euSTERZZZZZZ!!1
common sense told him
Varoufakis told him. Syriza and Varoufakis have been very pragmatic throughout this whole thing. It's a good move, even if it's a bit obvious. It might be obvious for "EUsterzzzzz!!1" as well, but there's not much they can do now. They've been outplayed and must look for a solution or
risk being blamed for tearing both the Euro and EU apart.this is what should precisely be done. not kicking the can further down the eu-desintegration road with sum more "negociations". end the fed. end the EU. nao!
1280.
Post 11814447 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
Banks in Greece won't open this week
I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try.
The banks are kinda out of money...
They defaulted on their payments to the Eurpean Central Bank. Greek banks are essentially finished.
and then the "GCB" shall fill those empty vaults with drachma.
1281.
Post 11819512 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
So are we waiting for Greece to exit the EU for a push past 280?
Seems we lost some steam.
should be some moar steam by the end of the week.
1282.
Post 11819654 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
IMF states today, that a Grexit could seriously affect USofA economy. Nevertheless, it seems China stock market signals something far more significant than a "Grexit". Everything's painted red over there. I bet this could get worse before it can get any better, which might signal the next rally up for BTC. Over 300 until Sunday anyone?
one sure thing is that bitcoin wont surge until some big macro event, ie. grexit, china crash, usofa shut down etc...
i really hope it all unfolds this summer, rather than in september or later..
edit: my money is on no deal by sunday between greece and UE, hence probably a 10-20$ surge in bitcoin. but then again, those negociations seems they would never end.
1283.
Post 11819682 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
IMF states today, that a Grexit could seriously affect USofA economy. Nevertheless, it seems China stock market signals something far more significant than a "Grexit". Everything's painted red over there. I bet this could get worse before it can get any better, which might signal the next rally up for BTC. Over 300 until Sunday anyone?
one sure thing is that bitcoin wont surge until some big macro event, ie. grexit, china crash, usofa shut down etc...
i really hope it all unfolds this summer, rather than in september or later..
edit: my money is on no deal by sunday between greece and UE, hence probably a 10-20$ surge in bitcoin. but then again, those negociations seems they would never end.
Bitcoin doesn't move on news, it moves on reasons. Hoping for bad news is just tasteless.
grexit is no news.. it would be a nice reason tho.
1284.
Post 11822179 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
short time!
1285.
Post 11829509 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
@sitarow whats your view on ltc? correction soon?
1286.
Post 11831874 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
Bitcoin is trading oddly at the moment. Highly volatile in a narrow range.
We may be shedding last few bears and profit takers before the next move.
BTC-e doesn't want to bash through $270. But it keeps trying only to be taken back down to $263. And then it slowly repeats.
Bitcoin is intentionally being suppressed, but in a unique way. The whales are busy pumping the litecoin market. Bitcoins are being sold to the whales in exchange for litecoins, so that noobs can play the litecoin rally. The whales are holding the bitcoin price fairly steady to make it seem unappealing and boring. The whales are also attacking the Bitcoin network with spam to continue to delay things.
Once that is done and LTC maxes out, the whales will then take off the parking brake and Bitcoin will start to rally. The whales will mass dump their remaining litecoin for bitcoin. All the noobs will then rush in from LTC to BTC en masse, forcing the rally even higher. The world will then start reading about bitcoin in the media and join in the Bitcoin party.
When that happens, Katy bar the door.
Agree. Litecoin works as the perfect overflow valve.
I think Litecoin works for a little more than an overflow valve, but what Torque posted above is an interesting theory.
simple, from its previous ATH, ltc lost 98% (from $50 to $1) whilst btc is at -77% now. ((270-1200)/1200)
at $7, ltc is now at -85% so we may continue the surge to catch up with btc at around $12.
by then all the capital should flow back to btc to "secure" earnings, which would then result in btc surge, followed by ltc crash and rise again to catch up etc etc...
1287.
Post 11831971 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
Bitcoin is trading oddly at the moment. Highly volatile in a narrow range.
We may be shedding last few bears and profit takers before the next move.
BTC-e doesn't want to bash through $270. But it keeps trying only to be taken back down to $263. And then it slowly repeats.
Bitcoin is intentionally being suppressed, but in a unique way. The whales are busy pumping the litecoin market. Bitcoins are being sold to the whales in exchange for litecoins, so that noobs can play the litecoin rally. The whales are holding the bitcoin price fairly steady to make it seem unappealing and boring. The whales are also attacking the Bitcoin network with spam to continue to delay things.
Once that is done and LTC maxes out, the whales will then take off the parking brake and Bitcoin will start to rally. The whales will mass dump their remaining litecoin for bitcoin. All the noobs will then rush in from LTC to BTC en masse, forcing the rally even higher. The world will then start reading about bitcoin in the media and join in the Bitcoin party.
When that happens, Katy bar the door.
Agree. Litecoin works as the perfect overflow valve.
I think Litecoin works for a little more than an overflow valve, but what Torque posted above is an interesting theory.
simple, from its previous ATH, ltc lost 98% (from $50 to $1) whilst btc is at -77% now. ((1200-270)/1200)
at $7, ltc is now at -85% so we may continue the surge to catch up with btc at around $12.
by then all the capital should flow back to btc to "secure" earnings.
First, if you are going to use litecoin low of $1 (lowest I saw was $1.40) then Bitcoin hit a low around $165 so more like -86% for Bitcoin at its lowest. Second, its more about the LTC/BTC rate (low of .0059 now at .02692) then a $USD price argument. Then again i'm not sure what you were getting at with your post.
Litecoin to me has value with Bitcoins success regardless.
ah yea im using large numbers here. jsut to get a quick estimation.
but you can put it the other way around:
comparing ATHs: $50/ltc vs $1200/btc => 50/1200=4,16%
comapring now: $7/ltc vs $270/btc => 7/270=2,6%
hence ltc is still "underpriced" because at the most bullish scenario it reached 4,16% of btc's value.
but thats just my 2cents
1288.
Post 11832356 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
1289.
Post 11833859 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
1290.
Post 11838194 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
so greece gov has submitted their new plan, which apparently looks like the one they rejected by referendum..
deal could be in the air.. there is simply no way USA woudl have let them quit EU/euro/otan, leading to the whole scam to fall apart piece by piece, country by country.
hence, nothing new, more debt, austerity and status quo.. bitcoin could correct a bit too.
http://www.zerohedge.com/news/2015-07-09/new-greek-proposal-backtracks-pre-referendum-draft-does-not-request-debt-haircut-ful
1291.
Post 11858352 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
So who really expects downward pressure?
if this shows any signs of weakens at this point I am short.
This pump was leaded by LTC and will likely follow the pattern for my understanding...
The squeeze potential is quiet big right now..
Squeeze of what? The majority of the leveraged long position has been locked in since the low 200's, probably a huge BTC stash from an early adopter / miner. In fact the long position is falling as the price rises.
Profit taking is natural. But shorting every rise would have stung traders very badly for the last 6 weeks. If the price really starts moving then literally anything could happen and shorting without risk management is cray cray.
Technical traders are looking to get in at a decent entry. I am just enjoying the 3 at the beginning of the price
Well, this is not going to go up forever like this. That's not how markets behave.
ltc already pumped up to >5$ agian. should xpect some shortings to go btc long.
1292.
Post 11859182 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.20h):
"It's Not Possible To Reach A Deal Today" - EU Summit Canceled As Leaders Scramble To Keep The Dr€am Alive
http://www.zerohedge.com/news/2015-07-12/its-not-possible-reach-deal-today-eu-summit-canceled-european-leader-scramble-keep-darticle's conclusion:
Good luck Europe, judging by the suddenly surging Bitcoin price, you need it now more than ever.
1293.
Post 11886765 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
1294.
Post 11900619 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
people that did not see this casual pump&dump pattern and thus did not take the opportunity to maximize their btc holdings are retards.
ps: shrot @314
1295.
Post 11900713 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
people that did not see this casual pump&dump pattern and thus did not take the opportunity to maximize their btc holdings are retards.
ps: shrot @314
I just hope we didn't skin too many Greeks in the process. I imagine some were actually sold.
bitcoin wont save greece.
1296.
Post 11902132 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
bitcoin wont save greece.
However... unlike the EU, it's not out to DESTROY Greece
eeeeeehehehehehehehehe true true..
1297.
Post 11941129 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
Something big is brewing. Fasten your seatbelts, ladies and gentlemen. Soon you will hear people talking about Bitcoin all over the place.
Could you elaborate more please
I call it the trickle down effect of mostly positive reporting on Bitcoin since January. Bitcoin is mentionend as side topic in more and more reports. Bitcoin is discussed more openly in the comments section of major newspapers.
I conclude: The public gets a better understanding about what Bitcoin essentially is. Once one big buy occurs in the market, this will trigger a cascade and people will try everything to not miss out on the next big thing! Especially, when the former safe heaven (gold) is tanking at the same time.
Gold is as big a loser as the dollar, when bitcoin adoption starts!
In other words:
People begin to realize, that bitcoin Blockchain technology is the ultimative hedge!Edit: All technical indicators show up,Up,UP! I think it's a sign of strength, that despite the temptation, bitcoin still holds back its orgasm! Comapre to may 2015, when bitcoin came to early.
Ftfy
1298.
Post 11942066 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
Something big is brewing. Fasten your seatbelts, ladies and gentlemen. Soon you will hear people talking about Bitcoin all over the place.
Could you elaborate more please
I call it the trickle down effect of mostly positive reporting on Bitcoin since January. Bitcoin is mentionend as side topic in more and more reports. Bitcoin is discussed more openly in the comments section of major newspapers.
I conclude: The public gets a better understanding about what Bitcoin essentially is. Once one big buy occurs in the market, this will trigger a cascade and people will try everything to not miss out on the next big thing! Especially, when the former safe heaven (gold) is tanking at the same time.
Gold is as big a loser as the dollar, when bitcoin adoption starts!
In other words:
People begin to realize, that bitcoin Blockchain technology is the ultimative hedge!Edit: All technical indicators show up,Up,UP! I think it's a sign of strength, that despite the temptation, bitcoin still holds back its orgasm! Comapre to may 2015, when bitcoin came to early.
Ftfy
You are right. I don't disagree (in the light of the blocksize debate). I even would encourage people in here to put some spare money in a few selected alts.
there is a difference between bitcoin, blockchain tech and alts.
i, as an investor//speculator, only rely on bitcoin (and alts to maximize my bitcoin stash).
the propaganda about the blockchain technology is just what it is: pro-pa-gan-da
because TPTB dont obviously enjoy the idea of censor-less transactions (ie. loosing its main leverage).
so i'd argue nonetheless that the
masses sheeps will fall for some state-cryptocurrencies, so forget about them pumpin bitcoin.
bitcoin will be pumped because bitcoin and the people involved in it (ie. whales), not because blockchain tech, nor because VCs, and neither because some clueless "awakening" from the masses.
1299.
Post 11942902 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
People, I've a question please.
Why I see a lot of talking about dipping to $260/$240 and $220 ?
I guess I'm missing something out !!
Because even the bears realize we'll never go under $200 again.
tell that to BTC-e
1300.
Post 11945858 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.21h):
On a side note I actually think price discovery in Bitcoin is really bad due to the amount of coins being held compared to the amount being traded but thats another matter all together.
aye, all exchanges together dont even reach 3 million btc volume-wise (30d)
http://bitcoincharts.com/markets/where the 10 other millions???
talking about "price discovery" eh..
1301.
Post 12032966 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.22h):
Top 5 supercomputers (
http://fossbytes.com/top-5-supercomputers-of-the-world/)
Mira IBM’s self-built Supercomputer: 8.6 petaflops
Fujitsu’s K computer : 10.5 petaflops
IBM machine Sequoia: 17.2 petaflops
Titan: 17.6 petaflops
Milky Way-2, the king of supercomputers processes at a "staggering" (
) speed of 33.9 petaflops
total = 87.8 petaflops
Bitcoin Network Hashrate: 4,875,965.41 petaflops (
http://www.bitcoinwatch.com/)
#lel
#bullish
1302.
Post 12045263 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.22h):
Bankers as a rule are stupid. It may take them quite a while to figure out that their blockchain is worthless unless somebody pays the miners.
Not true. There can be other blockchain(s) where incentive to secure the blockchain can be something other then monetary value of BTC. For instance people can be blackmailed to secure the blockchain or something valuable can be denied to them, like access to some service or goods. Those negative-utopia scenarios are not hard to think of. Secure the blockchain or there's no internet for you. Secure the blockchain with national cryptocurrency or there's no citizenship rights for you: no voting, no passport, etc. So blockchain technology is valuable without the BTC, just not (yet) usable as Bitcoin is.
lel i need sum of whateva you have
1303.
Post 12069183 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.22h):
1304.
Post 12069412 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.22h):
thats how you pepper your angus..
1305.
Post 12087096 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.22h):
1306.
Post 12093849 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
muahahah bitlicense XD
screw you new yorkers and your wall street scammers. bitcoin aint bowing for your "regulation".
1307.
Post 12094308 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
1308.
Post 12162011 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
fuckin xt crypto alt. this is no bitcoin. so stop pretending like it is.
1309.
Post 12167250 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
so it appears this noob (*redditards*) FUD is casting down pressure on bitcoin's price when the rest of global economy is on the edge..
those whining little titty crawlers have managed to cripple bitcoin's inalienable agility with this forking BS.
so imma say it out loud for once and for all:
fuck you USGavin and GOOGLHearn!
1310.
Post 12167316 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
so it appears this noob (*redditards*) FUD is casting down pressure on bitcoin's price when the rest of global economy is on the edge..
those whining little titty crawlers have managed to cripple bitcoin's inalienable agility with this forking BS.
so imma say it out loud for once and for all:
fuck you USGavin and GOOGLHearn! They've disrupted our antifragile black swan past her tipping point?
I hope not. them fuckers.
1311.
Post 12170469 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
so there is a really really thin bid book on stamp...
1312.
Post 12171499 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
There will be no fork,relax.Chinese pools,around 50% ot network,already said "NO" to XT---->no fork
Until miners jump ship to a XT-pool
look at reality we can see bitcoin price down every day ( after XT discussion)
If people were really worried we would see a much more dramatic drop. A slightly depressed sideways is not the end of the world. The block-size discussion isn't new, it's just had some drama added. But it's here and we have to deal with it. The fact that there are people working hard to make sure Bitcoin works in the future shouldn't be a cause for collapse. It might scare some casual day traders away, but Bitcoin should be able to survive that.
lol how candid. people working day and night to destroy bitcoin would be more accurate.
yes im looking at you gavin. how's the MIT funding going?
1313.
Post 12171599 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
There will be no fork,relax.Chinese pools,around 50% ot network,already said "NO" to XT---->no fork
Until miners jump ship to a XT-pool
look at reality we can see bitcoin price down every day ( after XT discussion)
If people were really worried we would see a much more dramatic drop. A slightly depressed sideways is not the end of the world. The block-size discussion isn't new, it's just had some drama added. But it's here and we have to deal with it. The fact that there are people working hard to make sure Bitcoin works in the future shouldn't be a cause for collapse. It might scare some casual day traders away, but Bitcoin should be able to survive that.
lol how candid. people working day and night to destroy bitcoin would be more accurate.
yes im looking at you gavin. how's the MIT funding going?
tell me about it..
1314.
Post 12172208 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?
Zero.
Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?
The developers argue about code changes all the time. Let it go already.
I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.
Will I be able to spend my bitcoin daily before and after the devs and miners work this out?
Yes.
QED
Might as well just transact with ripple.
1315.
Post 12173518 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
Imo Gavin and Hearn are to blame for this. The way of dealing with this issue is the problematic and harms BTC.
they just dont give a shit, heanr does not even have 100 BTC.
its their way or nothing. fucking retards, flushing decentralization and consensus down the USG toilets.
so gogo exponential block size! (as in doubling every 2 years.. my fuckin ass bitches
)
all them reddit followers will diserve being ruined once they migrate. good riddance!
1316.
Post 12173564 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
Imo Gavin and Hearn are to blame for this.
Blame for what?
For the PR desaster that is unfolding at the moment and that could cause harm to the adoption of BTC as much as Goxfart did.
there is wont be mass adoption of btc. this is pure fantasy. again. always. dammit.
1317.
Post 12173755 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
Imo Gavin and Hearn are to blame for this.
Blame for what?
You do realise that Gavin has been cashing out his btc and buying stocks instead!
Show me proof
Sure, this article is from the financial times.
https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."
Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
bouya! go to hell gavin!
1318.
Post 12174131 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
Sure, this article is from the financial times.
https://www.evernote.com/shard/s78/sh/882fdac9-556c-482d-a0c9-c2c2456c185c/55d0920c48d621d3"While Mr Andresen tries to prepare bitcoin for mass usage, he advises caution to investors. He holds thousands of bitcoins, enough to retire comfortably. But he has been cashing them in slowly, investing in stock market funds instead."
Somebody who is supposed to believe the future of his project should not be making such a nightmare of PR every time he speaks to the media.
This proves that Gavin has vested interest in decreasing the value of bitcoin and he abused his position as a Core dev to promote XT altcoin!
yep even cryptocoinnews is getting it: "the XT developers are not telling the whole truth and are knowingly putting Bitcoin's future on the line."
https://www.cryptocoinsnews.com/block-size-bitcoin-not-scale-effectively/
1319.
Post 12174190 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
so there is a really really thin bid book on stamp...
I've said something similar to this before and got no legitimate responses. I think Stamp's orderbook is the most predictive of all the exchanges by a long-shot even though it's not the biggest.
Finex can have huge bid support yet the price still drops, but it seems like when Stamp has huge bid support the price actually stays supported or rises. The Stamp bid support started to wane once we fell back below 300 and has not recovered. I am patiently waiting for bids to overcome asks on Stamp before I buy anymore. So far this morning the Stamp orderbook has begun looking more bullish. Still have a long way to go though.
yes, i use stamp. finex could be dumping thousands within a blink. way too much bots there.
PS: finex now down to 13k btc instead of 20k..
1320.
Post 12174509 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
LOL! That article is from 6 months ago. Gavin has always been very clear that his major concern was the scalability of BTC, which remains to be proven.
As for divesting some of his BTC as he is not interested in being 'filthy rich' (his owrds) and still holds enough to be seriously wealthy, what exactly is the problem with this? Sensible move. Once you have made 'enough' do you seriously expect any sane person to leave it all on black or red? (I know there is not so much sanity in here, so I can understand why it is perceived differently ...)
Talk about missing the point. Not sure why the age of the article matters.
He has a massive conflict of interest as chief scientist speaking to the media. He shouldn't be talking speculation end of.
Imagine if the ceo of an up and coming company was speaking to the media and said "I believe in this company and I'm putting my all into it, however I'm also selling stocks of my company and investing in others".
Sure, that's prudent. That's also what most big share holders would do but you just don't say that. As I said PR nightmare and a massive conflict of interest.
and how about a conflict of interest since working for the US gov?
cant wait for him to be totally dismissed from bitcoin's community.
1321.
Post 12175957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
so if 250$ falls we are in "This time it's still not different, dump it!!" no?
$250 is just a number, Newbie. We tried to hold $300 last winter by using too much leverage and triggered a margin call cascade. Painful lesson learned. We're not gonna do that again. No, our goal isn't to stop the plunge. It is just to slow it down. As long as we're not dropping as fast as Crude oil, copper, Brazilian Real, or whatever the hell
the currency is in Malasian airplane, we're doing fine. And we are outperforming a whole bunch of other assets and securities now.
ftfy
1322.
Post 12178188 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
gentlemen, it is now or never to sell >250$.
1323.
Post 12178425 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
1324.
Post 12178446 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
...
P.S. will 230 hold?
1325.
Post 12178504 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
lmao finex is on fire! sub 200 here we go!
1326.
Post 12178543 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
1327.
Post 12178613 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
1328.
Post 12178672 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
We will be back in mid $200 by the time this is done. My bet is trading stops on Finex within the hour. Something is broken.
they just halt trading since all the bots there went rogue. classic GOX style
1329.
Post 12178700 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
bull tarp starts now.
1330.
Post 12178759 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
Seriously this is concerning now.. BFX hacked or somethin?
no its not, propably under ddos because of all users trying to connect at the same time. XD
1331.
Post 12178857 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
YEAH BABY!!!
CLOSE BTCUSD 226.05 18-08-15 18:06:47
LONG BTCUSD 195.24 18-08-15 17:50:19
LONG BTCUSD 214.8 18-08-15 17:48:31
SHORT BTCUSD 289.32 24-07-15 15:53:29
SHORT BTCUSD 288 24-07-15 14:47:50
Nice work!
1332.
Post 12178892 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
This is not over.
quite so, we go down moar
1333.
Post 12178943 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
I have never been so bullish
you said this like 10 times already... this month
you'll see >260 within a week
this is the final trap.
this is the end.
bitcoin XT confusion, has been priced in.
230$/BTC
wait for another stabilization, and then there wont be anything holding the price anyway.
give it 2 weeks of sliding down from 230$ before crashing to oblivion.
1334.
Post 12179029 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
1335.
Post 12179171 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
... weak-hand banksters rotating into Ether because their XT-fork not gaining any mindshare ground and their propaganda machine getting shut-out.
ohh that is quite a fancy theory there mate. good riddance banksters, say hullo to weetalik.
ps: and please feel free to keep gavin&hearn
1336.
Post 12179253 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
did you managed to withdraw?
1337.
Post 12179320 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
How come longs at Finex are unchanged? Btw, their trading terminal didn't stopped working. Everything seems to be fine on their side. Don't know what the fuck went wrong, though. I just withdrew all my coins. Fuck this.
did you managed to withdraw?
Yes. Was processed instantly. Did you have any coins there?
Do you know about the margin cascade/long squeeze?
no, i dont, but i heard other people where having trouble withdrawing there.
sure i know one or two things about automated-bulltardness.
1338.
Post 12179386 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.23h):
I have that feeling bears will want to repeat sub 200$ in next few hours.
yes, it's very likely. look at the volume. nothing like last winters crash. it's far from over.
You really think so?
there, if you missed it:
1339.
Post 12187283 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1340.
Post 12188557 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1341.
Post 12190390 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
The urgency isn't even in block size or scalability. The urgency is in fixing the goddamn decision-making process among the core devs. You think Hearn was wrong about that?
From an objective standpoint, looking at Hearn's contributions as a whole (the database change that caused the first fork, the redlisting coins proposal, and XT in particular) I think one could come to the logical conclusion that Hearn has been compromised by the NSA or some other three letter agency, likely recruited while he was still with Google.
You're not answering my question. Has the decision making process broken down or not? Has their even been a joint statement among the core devs regarding this controversy been issued? No, of course not. It's fucking embarrassing. Give us a time frame on when the block size patch will be implemented. something.
The beauty of Bitcoin is that we don't have to trust Hearn or Gavin or anybody. We trust the code. We trust a valid argument, no matter who makes it. Core devs need to get their shit together toot sweet. If it takes a hard fork to make that happen, so be it.
they're all getting together for a talk-fest, kumbay-aaah session and maybe a group hug at the end before satisfying your demands for releasing a joint statement ... and then they'll delay some more and have another talk-fest in Hong Kong in December ... no panic, no rush, just some measured think-sessions by the thought leaders.
1342.
Post 12192955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
So what is your solution to the bottle neck problem?? Most small blockers don't have one.
There is no bottleneck if you pay a bit more. The fees are pretty decent, even for top priority, for a "crowded" block anyway. If someone wants his dust to move at once though, by paying peanuts, let him wait.
Higher fees don't remove the upper limit of 7 transactions per second. Is that so hard to understand?
go litecoin if you want more tx/s. hell no just go all in ripple you moron.
i dont mind paying even a huge fee just to have the full control of my funds, being able to send when i want, where i want.
1343.
Post 12195420 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
let them have their fork, and then good riddance of them retards whilst sane people would keep bitcoin core.
1344.
Post 12195592 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
About 12% of nodes are running XT with zero blocks mined.
13% and 2 blocks mined.
1345.
Post 12195638 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
can we have a sort of crowdfunding to pay core devs? like "put your money where your mouth is"? where is the Bitcoin Foundation when you really need them?
Bitcoin Foundation was the first attempt by Gavin at hijacking and centralizing Bitcoin development under his reign. They can stay in the dirt where they currently rest
dont forget Hearn was Chair of the
Foundations Law & Policy committeeTM https://bitcointalk.org/index.php?topic=333824.0
1346.
Post 12195758 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Have you got the data for how many of those are nodes that have switched rather than new nodes ?
You can tell by the split on this that they're just not going to get 75%. Aint going to happen.
There are people with more economic power to thwart a change to XT than people who support it.
actually, they have usg behind so i would not opt out a total flood of AWS or other NSA crappy mirror xt nodes just before january (and before the halving obv..) just to pretend it is widely accepted and force the miners into it.
1347.
Post 12197031 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
If there is consensus right now amongst relevant actors, it's that XT is not that solution.
Depending upon the definition of relevant actors.
I seriously doubt that "we", "the community" will be regarded as most relevant.
There is no "we, the people" in business.
In general there is no "we, the people". It's just socialist propaganda.
spot on.
1348.
Post 12199906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Anyone in support of a blocksize increase is a moron, a plague to Bitcoin.
1)
Bitcoin block rewards will eventually become infinitesimal, at that point transaction fees will be the only rewards miners get. Right now transaction fees are around 0.1-0.5 BTC per block, which is nowhere near enough funding to secure the network by itself. We need transaction fees to go up, and the only thing that will force them up is the blocksize limit. Increasing block size might cause fundamental damage to Bitcoin due to this.2) Currently average block size is less than 0.4 mb now that the stress test bullshit is over. Gonna be a long time until we even hit the 1 mb limit.
3) Once we hit the 1 mb limit free and nearly no fee transactions will be forced off chain. There is TONS of dust, spam, and gambling that can be done off chain. Over half of all Bitcoin transactions right now are basically dusty junk. This will make plenty of room for legitimate transactions.
4) Once almost all the junk is forced off chain the rise in fees will be very gradual, and it will take a long time for the fees to become an issue for people. In any case the blockchain will function perfectly fine regardless of transaction data volume, fees will simply rise.
If fees ever do get too crazy I'd support a block size limit increase too, but I don't expect that to happen for over a decade if ever.
5) Hard fork of Bitcoin is dangerous and can result in mass confusion, double spends, and loss of Bitcoins. It will damage the value of Bitcoin at least temporarily.
6) We need to maintain a group of scientists which reach a consensus, not just centralize Bitcoin under a couple of developers.
Feel free to add if I missed any.
So please feel free to go f#ck yourselves along with gavin and mickey the usurpers.
Anyway, such fork will just never become reality, as miners wont simply let their revenue crushed.
This my last post on the matter. Moving on.
(sry OT, needed to let it out one last time)
ps: will put any whining blocksize increase noob on ignore from now on.
1349.
Post 12200404 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1350.
Post 12202972 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Saw an article this morning.
http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin. From the article
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).
So I guess this is bullish news? Not sure how I feel about making a profit on the heels of extortion though.
Its more like making money from unfaithful little pieces of frustrated shit.
Immoral x immoral = moral
So bullish to me! ^^
1351.
Post 12207298 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
funny how the devalued chineese currency has not led them pumping bitcoin a bit.
1352.
Post 12207820 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1353.
Post 12207904 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
unproductive comments such as your's Mr. Lama are the ones which should get lost.
The option of support for 0 transaction spending and lightwallets is a great benefit to bitcoin.
Otherwise this technology will be left to rot away, as nobody will be able to use it.
If you really support bitcoin then you ought to see the need for XT type improvements.
All this paranoid conspiracy theory garbage about the NSA or the CIA centralizing through XT isn't respectable.
Even if they were trying to hijack bitcoin for their own reign it would still be a benefit at least in the short term.
1354.
Post 12210400 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
WE need a faster bitcoin. Because we need people to invest in bitcoin, make it apart of their daily lives. Minute to minute.
We need stupid people like me and Mike Tyson, to buy bitcoin. Drive up that damn price. And Mike Tyson ain't got time to wait dem 10 minutes.
What you are asking already exists: Just buy litecoin or dogecoin man.
LTC 4x block frequency / 4x capacity / cheaper to transact
DOGE 10x block frequency / 10x capacity / practically free to transact
Litecoin: not developed enough (merchant acceptance, users, services).
Dogecoin: basically a joke currency/for the fun.
And the solution is to change bitcoin's parameter with a TV-ads approach of "bigger is better" and "faster is better" pseudo-campaign?
So next thing we know, people will be forking bitcoin because
- it has small blocks that "don't scale" (fork already provided in the form of XT- check)
- it has 10 minute blocks ("
should be 5minutes or 2 minutes, so we'll fork it for the lolz, because, yeah, people can't wait 10minutes or 60 minutes if a block is late... that can't rival visa that way"
- (once the price goes over 5-10.000$ and transactions are done in 0.00x - 0.000x btc) "it has too many decimals, most people don't like them, let's fork it with proper integer units to adequately reflect value!".
- it is very centralized due to asic manufacturers etc... "we need to shift from sha256 to an asic-resistant algorithm... we'll fork it right away".
- (after the block size increase doesn't provide adequate fee compensation for the miners): "
We need to increase inflation to keep our network secure, so the 21m coin cap will be no more. The alternative of non-scaling can't be sacrificed, so we'll sacrifice the fixed cap. Fork it..."
No thanks. I prefer intelligent dialogue between the core team until they have consensus. This is a multi-billion project, you can't go like a raging bull around the place.
This fork is about bigger blocks, right now. Why keep pushing straw man arguments? It's not the last update to the Bitcoin protocol. It's not the final version of the Bitcoin protocol.
you dont know what you are talking about. pls stop. not here anyway.
1355.
Post 12210504 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
This fork is about bigger blocks, right now. Why keep pushing straw man arguments? It's not the last update to the Bitcoin protocol. It's not the final version of the Bitcoin protocol.
There is no straw man here. It's attacking the fundamental rationale behind what is happening.
2 devs saw that BTC should go another way regarding one of its parameters and they forked it. If they can do that, why not do the same for some other parameter, as they see fit?
For the sake of argument I am willing to accept that those are slippery slope arguments, but it's still not what's being proposed. And that seems to be quite common among those who oppose XT.
stfu. told you this is not the place. no need to spill your ignorance everywhere, thinking your opinion matter in the first place.
wall obs thread. lets keep it that way. go altcoin section.
1356.
Post 12210532 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
cry me a river.
1357.
Post 12211248 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Once Gavin & hean out : ccmf.
Else you might just wanna kiss bitcoin goodbye.
1358.
Post 12211647 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
There's a lot of discussion here about the pros and cons of a bigger blocksize, but other threads elsewhere on this forum are more informative about this subject. What I am interested in is, what are you people thinking this whole blocksize discussion will mean for the price the coming weeks or months?
I'm asking because I'm usually dead wrong when trying to predict what will happen. This will probably mean the price will sharply rise very soon, as I have sold my entire stash @ 208 euros hoping to buy back a lot cheaper when this whole thing is settled (one way or the other).
As long as there is uncertainty, there will be a downward pressure. Uncertainty will dissappear long before new year, and the larger blocksize will be accepted by all. Then, price can rise, because unhampered new adoption will necessarily lead to a higher price.
1/ stfu with your unhampered unexistent mainstream adoption
2/ stfu with your blocksize pseudo science
3/ stfu with your uncertainty that only your Gavin idol created.
1359.
Post 12212004 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
if Core implements the smallest block size increase, BOOM XT is history and the network will upgrade right away.
Bitcoin XT is not a thing that can go away because it's the idea that the free market is stronger than politics. The BIP Congress is gridlocked, but the market wants progress. Maybe it won't be the blocksize next time. The BIP Congress better get its shit together or some altcoin is gonna leave Bitcoin in the grease pit forever.
Free Markets is not so free. It is subject to manipulations just as any other market.
Core devs are way more qualified to weight any upgrade and especially those that so drastically changes bitcoin's fondamentales. They should not be subject to any propaganda.
Their consensus was status quo. If you dont like it please feel
free to move on to some other altcoin.
1360.
Post 12212179 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
if Core implements the smallest block size increase, BOOM XT is history and the network will upgrade right away.
Bitcoin XT is not a thing that can go away because it's the idea that the free market is stronger than politics. The BIP Congress is gridlocked, but the market wants progress. Maybe it won't be the blocksize next time. The BIP Congress better get its shit together or some altcoin is gonna leave Bitcoin in the grease pit forever.
Free Markets is not so free. It is subject to manipulations just as any other market.
Core devs are way more qualified to weight any upgrade and especially those that so drastically changes bitcoin's fondamentales. They should not be subject to any propaganda.
Their consensus was status quo. If you dont like it please move on to some other altcoin.
You don't have a gun to force me or anyone else to choose what you want, so no.
Im not forcing anyone. Its the Gavin shills that are forcing the rest of the core devs to so something risky, controversial, but nevertheless totally fully researched and discussed by the core devs. Its not the Time, thats it. We need the fee market to settle, especially considering the halving approaching.
People that want a bloatchain now, free from fees, faster transactions etc better migrate to some altcoin that suits their needs, or even ripple if they dont care about miners or centralisation. Thats free market.
1361.
Post 12212311 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
poeple are saying Core is going to implement an increased block size its just a matter of how much bigger and exactly how to roll it out.
if true, Bullish as fuck.
So we should expect V. 0.12 in a couple of years?
Bullish as fuck if true.
+ there is an upgrade that should prevent spam attacks to be released within next version too. Apparently.
1362.
Post 12212650 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I say either way "damned if we do and damned if we don't" bitcoin will never be able to meet high volume demands if block size isn't increased. To keep things the way they are (which I prefer) will lead to higher fees and still not be able to meet real growth adoption needs. I don't see how not doing anything will pave the way for future growth. Classic definition of a true conundrum here.
1/ there is on need mainstream adoption to all get what we want here: that is moon.
2/ mainstream adoption of bitcoin by sheeples is highly unlikely anyway, they might use some top layer of it or
cheap altcoins.
3/ bitcoin is no pocket money, it is a secured (by decentralized rewarded miners) safe investment haven from them FED/USG/Wall street mafia.
Bitcoin is a privilege that you'll have to pay for eventually.
else just go altcoin with max blocksize and faster transactions.
1363.
Post 12212882 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I say either way "damned if we do and damned if we don't" bitcoin will never be able to meet high volume demands if block size isn't increased. To keep things the way they are (which I prefer) will lead to higher fees and still not be able to meet real growth adoption needs. I don't see how not doing anything will pave the way for future growth. Classic definition of a true conundrum here.
1/ there is on need mainstream adoption to all get what we want here: that is moon.
2/ mainstream adoption of bitcoin by sheeples is highly unlikely anyway, they might use some top layer of it or
cheap altcoins.
3/ bitcoin is no pocket money, it is a secured (by decentralized rewarded miners) safe investment haven from them FED/USG/Wall street mafia.
Bitcoin is a privilege that you'll have to pay for eventually.
else just go altcoin with max blocksize and faster transactions.
I suppose that is one way to look at it and is very true at present. I said in an earlier post, that I do not believe now is the time for something like XT.
I for one firmly believe in keeping the purity of the original core. IF mainstream adoption looked more promising, then ya, something would have to give I'm afraid. One of the best things about bitcoin is the inexpensive means to send and receive. So, what do ya do?
it will never be the time for xt bs.
we need to have a core that is as '
unalienable' and '
unforkable' as possible in order to drive its price up.
not like all the current financial system, we dont want to 'QE' its blocksize or even its cap for instance. this is bad and will not drive its price up.
Bitcoin is set in stone, with small improvement that are thoroughly and minutiously investigated upstream by qualified devs.
there is no rush, there have to be a 95% consensus at least and for any major change.
bear in mind that bitcoin is no visa/mastercard/etc, it is not paypal, and this is not a race to upgrade a la Microsoft or Apple.
at some point, when/if there is a quantified demand for it, be sure 2nd layer innovations such as lightening etc will be implemented to relief bitcoin's core.
but do not touch it's very heart, that has to stay as pure and clean from all the noise large adoption would ineluctably bring.
just leave the mainstream propaganda for developing altcoins and other fake dreams.
1364.
Post 12212944 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
i seriously doubt they will be able to get away with doing NOTHING and not get Owned by XT
Yep! unfortunately
they are not 'doing nothing
tm'.
you just dont qualify to understand the hard and intense work that is being undertaken behind the curtains.
1365.
Post 12212987 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
If XT fails to ignite what becomes of Messrs Hearn and Andresen? Will they be roundly ignored forever, continue chipping away from the sidelines or be grudgingly welcomed back into the fold?
they'll crawl back in that pityfull foundation of theirs.
alone with their usg puppetmasters to spank them for not being able to highjack the innovation of the millenium.
and i surely hope gavin will get his core accreditation revoked. chief scientist of my ass.. and without even a phd! (not like the rest of the core devs.)
1366.
Post 12213075 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
i read this in ibtimes last day, i dont really understand about the backlog.will this affect our online wallets????it says,:
"UK-based mining service CoinWallet is gearing up to conduct a stress test of the Bitcoin network in early September, which it said will likely render most standard wallet software "worthless" and create "nearly a 30-day backlog".
DOOOOOOOOOOOOOOOOM
see how bad intentioned and evil these people are?
such FUD just to push their blocksize agenda! freaking unbelievable!
but rest assured they wont succeed.
1367.
Post 12213167 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1368.
Post 12213377 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
"Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband and as payment extorted through lucrative “ransomware” that holds personal data hostage. A new Bitcoin-inspired technology that some investors believe will be much more useful and powerful may be set to unlock a new wave of criminal innovation."
And your point is?
1369.
Post 12213685 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Thank you Gavin! Thank you for the fear uncertainty and doubt you have been casting upon bitcoin for the last year! Dont bother comming back from your government sponsored holidays!
1370.
Post 12214610 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
selling my soul for 1.2BTC
What are the perks? I could be buying.. ^^
1371.
Post 12214628 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
236+ is bullish, else dead cat
bullishtarp you mean.
1372.
Post 12219346 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Two known CIA/NSA assets infiltrated in the Bitcoin community - Gavin Andresen and Mike Hearn - have joined forces to push a hastily concocted privacy nightmare/scamcoin, which they call Bitcoin-XT.
It is currently completely irrelevant, owing to an absolute lack of financial, economical, technical or social support.
1373.
Post 12219377 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Two known CIA/NSA assets infiltrated in the Bitcoin community - Gavin Andresen and Mike Hearn - have joined forces to push a hastily concocted privacy nightmare/scamcoin, which they call Bitcoin-XT.
It is currently completely irrelevant, owing to an absolute lack of financial, economical, technical or social support.
How they are known to be CIA/NSA assets ?
but obviously its not like we have the "contract" of any of them assets... they friggin "secret" service remember?
but this XT coup, with low life socialist mass adoption propaganda is typical modus operandi of tptb.
1374.
Post 12219427 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
what's that blue ribbon chartbuddy is wearing?
he is infected with blue aids.
or cravin sum beer.
1375.
Post 12222464 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I like you Adam but this is so wrong I'd sell all my bitcoins the day we even consider using this decision process
Why ?
Because
Bitcoin is not a democracy and in the hopes it prospers it shall never be.
Democracy is the rule of the mob.
Bitcoin is a consensus system. Anyone trying to contaminate it with "democractic" process is proposing an attack at the heart of Bitcoin ethos.
It is beyond me how anyone could still be fooled by the pipe dream of democracy anyway.
+1000
1376.
Post 12222897 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
you are wrong fatman, im not sure either you are stupid or naive.
to stay polite. because you seems to be a genuine bitcoiner but just not getting it.
1377.
Post 12222945 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
right facepalm as much as you want.
so smart dude.
1378.
Post 12227793 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I am starting to fear that I have misinterpreted the recent bull run attempts.
..
lol if only it was the only thing you misinterpreted.
1379.
Post 12228107 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
^bad trader?!
1380.
Post 12228447 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
intentionally throttling the network to collect more fees is like strangling the golden goose to get more eggs.
Or like jumping out of a certain wooden sculpture when the walls of Troy first come into view?
Our like trying to charge money for an infinite resource?
Bip 101 timescale:
Year. Size. Reward. blockchain size (rough estimate)
2016 8MB. 12.5. 40GB
2020 32MB 6.25. 3.4TB
2024. 128MB 3.125. 16.8TB
2028. 512MB 1.5625. 70.56TB
2032 2048MB 0.78125. 285.6TB
2036 8192MB 0.390625. 1145TB
How many individuals do you think will be incentivized to store more than a petabyte of data with no compensation? The good news is that Gavin's plan is preposterous and will never gain traction, so fortunately there's nothing to worry about.
2036 is in 21 years. How big was a hard drive 21 years ago? (hint: a tiny fraction of the storage on my current 3 year old phone). Storage is so cheap now that if you include cloud storage like dropbox, it's free.
This is the same fallacy the Malthusians made about mass starvation with population doubling every forty years. Didn't happen. All famines today are political, including ours.
some people have no foresight
Indeed.
http://royal.pingdom.com/2010/02/18/amazing-facts-and-figures-about-the-evolution-of-hard-disk-drives/To sum it up: price per GB from 1980 to 2010 : 300.000 USD to few cents (less than 1 USD). Max HDD space on average home user HDD went from : 2.520 MBs to 2.000.000 MBs. (an almost 800x increase on a single HDD in an average home PC!).
hmmyea... but no.
The CEO of Intel suggested 'Moore's Law' is finally coming to an end
http://uk.businessinsider.com/intel-ceo-brian-krzanich-suggests-moores-law-is-over-2015-7?r=US&IR=TIntel scientists find wall for Moore's Law
http://www.cnet.com/news/intel-scientists-find-wall-for-moores-law/when you dont qualify, you stfu.
edit: bonus: The impending end of Moore's Law is not Intel's biggest problem:
http://www.itworld.com/article/2949368/hardware/the-impending-end-of-moores-law-is-not-intels-biggest-problem.html
1381.
Post 12228901 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
First, do not need to be rude Sir.
Second, i think we both agree how so many times people were sure something is not gonna work, and yet it did, You can not be serious to extrapolate 30 years of future scientific progress today...Also
https://en.wikipedia.org/wiki/Black_swan_theoryi dont extrapolate.
i live in the present.
its the pro blocksize fudsters that are retards extrapolating futuristic nonsense.
+its not me saying moore's law is coming to an end. it's intel's friggin CEO.
1382.
Post 12229322 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
1383.
Post 12231547 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
go read Bitcoin Forum > Bitcoin > Bitcoin Discussion and tell me you don't want to sell all your bitcoin, it's a fucking zoo over there, much worst then i've ever seen it.
and thats to blame on gavin & hearn spreading their fud for the last year, dividing the community when launching their hard fork, and oh yea, going on a holiday whilst it all crash & burn..
1384.
Post 12232043 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
a few words.. to get things as clear as i see them:
people seems not to grasp the complexity of the matter: it is indeed highly political.
mass adoption will not improve bitcoin's store of value, it is quite the opposite actually, it will flood and drown it.
but this mass thing is so not going to happen anyway, even if you "scale it" in advance. sry people wake up, bitcoin is out of the reach of regular sheeple.
people are too much anticipating, buying the fake dreams of them antonopoulos, gavin et al, saving the planet with free insta-frappucinos.
but it's its scarcity both in cap and transaction that will allow it to surpass any regular investment.
i mean fuck look at the damned financial markets all around the world that are on the edge of a massive collapse!
it is its robustness against human miscalculations, its decentralization, its permission-less-ness and its network's security that matters.
why always this urge of Quantitative Easing everything?
that is so wrong on so many levels and in total opposition with bitcoin's fundamentals.
i do hope its antifragility would make bitcoin rise up from xt's hashes.
but for now, gavin et al had exactly what they wanted, that is dividing the community and induce fear that it is not such a good investment.
the rules should be set in stone, and not subject to any major modification and by anyone, or that would create a precedent.
for example, just look at what them politicians are doing with the euro and greece! they rightfully fear to create that precedent of exiting that stinky zone!
but hopefully, not like the euro, bitcoin is an investment! not cash, not pocket money!
it is a Privilege, as in the privilege of securing your wealth from the banksters and bypass them!
so bitcoin is bound not to be free to transact with. nevermind, just HODL ffs!
otherwise it will just be a pale copy of visa/mastercard/paypal and it will sink, because it simply cant compete.
thats why its price is stalling now. you cant have both an investment and pocket money. by definition it is not the same.
so get your shit straight and tell them egomaniac forkers to gtfo of bitcoin! starting with them two usg moles gavin and hearn.
regards, from a fellow bitcoiner.
1385.
Post 12232339 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
it is its robustness against human miscalculations, its decentralization, its permission-less-ness and its network's security that matters.
ROFl at the so called decentralization when you have 6 or 7 people in two camps who can decide the faith of the code and 4-5 mining pools controlling more than 75% of the hash rate.
better than *if* large blocks:
https://blockchain.info/pools
1386.
Post 12232451 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
a few words.. to get things as clear as i see them:
people seems not to grasp the complexity of the matter: it is indeed highly political.
mass adoption will not improve bitcoin's store of value, it is quite the opposite actually, it will flood and drown it.
but this mass thing is so not going to happen anyway, even if you "scale it" in advance. sry people wake up, bitcoin is out of the reach of regular sheeple.
people are too much anticipating, buying the fake dreams of them antonopoulos, gavin et al, saving the planet with free insta-frappucinos.
but it's its scarcity both in cap and transaction that will allow it to surpass any regular investment.
i mean fuck look at the damned financial markets all around the world that are on the edge of a massive collapse!
it is its robustness against human miscalculations, its decentralization, its permission-less-ness and its network's security that matters.
why always this urge of Quantitative Easing everything?
that is so wrong on so many levels and in total opposition with bitcoin's fundamentals.
i do hope its antifragility would make bitcoin rise up from xt's hashes.
but for now, gavin et al had exactly what they wanted, that is dividing the community and induce fear that it is not such a good investment.
the rules should be set in stone, and not subject to any major modification and by anyone, or that would create a precedent.
for example, just look at what them politicians are doing with the euro and greece! they rightfully fear to create that precedent of exiting that stinky zone!
but hopefully, not like the euro, bitcoin is an investment! not cash, not pocket money!
it is a Privilege, as in the privilege of securing your wealth from the banksters and bypass them!
so bitcoin is bound not to be free to transact with. nevermind, just HODL ffs!
otherwise it will just be a pale copy of visa/mastercard/paypal and it will sink, because it simply cant compete.
thats why its price is stalling now. you cant have both an investment and pocket money. by definition it is not the same.
so get your shit straight and tell them egomaniac forkers to gtfo of bitcoin! starting with them two usg moles gavin and hearn.
regards, from a fellow bitcoiner.
When I started reading I thought for a bit your shift-keys were broken, but later on I guessed you are just trying to not wear out your keyboard prematurely by using certain keys too much. Very wise.
Why are you not 100% into Unobtanium if you want a crypto just as a store of value?
I for one enjoyed paying my beer with Bitcoin when on holliday in Berlin =D
yea, you can enjoy this for now, and i do also..
but ultimately, dont you want a sweet 100k/BTC? because thats what im talking about here.
edit: as for unobtahing.. never heard of it, but why wouldnt you use litecoin or even dogecoin to pay your beers also?
1387.
Post 12232523 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I do want that, but I know I will have to wait for quite some time! I also know that there will be quite some growing pains until we reach those numbers. And I am of the opinion, contrary to you, that to reach those numbers, Bitcoin MUST be in use as a currency, not just a store of value. I find it hard to imagine it reaching such highs without mass adoption.
You genuinely should check out Unobtanium, it's a good project.
ok lemme try another angle.. what is the currency the most used on the planet? dollar right? why do you think it isnt worht 100K euros for exmaple?
because it is not an investment. its a currency! or you have to buy a lot of dollars to consider it an investment. even tho it will crash at some point once they'll be done with
QE and you will loose money. cant have both man, its all about how people perceive bitcoin. either a currency.. or a safe-haven investment, a personnal unbreakable safe for when the rest of the financial world approach doom.
so if the latter be sure moon will be on sight
1388.
Post 12232632 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I do want that, but I know I will have to wait for quite some time! I also know that there will be quite some growing pains until we reach those numbers. And I am of the opinion, contrary to you, that to reach those numbers, Bitcoin MUST be in use as a currency, not just a store of value. I find it hard to imagine it reaching such highs without mass adoption.
You genuinely should check out Unobtanium, it's a good project.
ok lemme try another angle.. what is the currency the most used on the planet? dollar right? why do you think it isnt worht 100K euros for exmaple?
because it is not an investment. its a currency! or you have to buy a lot of dollars to consider it an investment. even tho it will crash at some point once they'll be done with
QE and you will loose money. cant have both man, its all about how people perceive bitcoin. either a currency.. or a safe-haven investment, a personnal unbreakable safe for when the rest of the financial world approach doom.
so if the latter be sure moon will be on sight
A good point at first sight, however there's quite a lot of dollars created out of thin air on a daily basis. The inflation with BTC is also quite high but it is in keeping with the growing demand.
And that is exactly the point, the value can only rise if demand becomes much much higher. I can only imagine that happening if a whole lot of new people start using it. Hundreds of millions preferably. If it's only a couple of investors' toy it will never be worth much, at least not for a long stretch of time.
show me this demand growing data. there is none.
but even if the demand do increase, and i hope it will, that would be good because of bitcoin's being capped.
otoh transactions number is not relevant to its price.
people should be happy to pay fees to securly and without permission to send *huge* amounts across the globe.
for the rest, there is eurocard/mastercard. or even any altcoin for that matter.
1389.
Post 12232658 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
A good point at first sight, however there's quite a lot of dollars created out of thin air on a daily basis. The inflation with BTC is also quite high but it is in keeping with the growing demand.
And that is exactly the point, the value can only rise if demand becomes much much higher. I can only imagine that happening if a whole lot of new people start using it. Hundreds of millions preferably. If it's only a couple of investors' toy it will never be worth much, at least not for a long stretch of time.
I'd say something can only be a widely used currency once it's become a trusted store of value, especially when it's entirely voluntary like Bitcoin always will be. Regardless of shenanigans and debasement, that's what the USD means to people all around the world. They know it'll still be worth something at the end of the month and that's why they swap their local currencies for it wherever they can.
yea, but it will never reach 100k euros or pounds for that matter.
and it will collapse ultimately. you know it, else there is no incentive for *investing* in bitcoin, and hope it would set off to moon, because it could not compete with the dollar anyway.
1390.
Post 12239051 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
Finex is ruining it for us all
// Just in this moment, looks like some old transactions bursted through on finex?
10k dump vs 5k pump.
1391.
Post 12239068 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
pump & freeze!!1
1392.
Post 12248535 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.24h):
I can confirm XT is dead. RIP Gavin & Mike.
source? cuz i'll only believe it when i see gavin & hearn's head on a pike.
1393.
Post 12250332 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
How is a decision supposed to be made with a technology that is decentralized?
exactly, consensus robustness
Gavin is quite the diplomat.
"I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"? Average web page size is 2MB..."Wonder if he's spent some time in the WO thread.
pffahahahahhaha not even close. XD
Nick Szabo @NickSzabo4
@gavinandresen @adam3us If you want to store your money on the web use Mt. Gox.
szabo is on fiyaaa
1394.
Post 12250606 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
1395.
Post 12250677 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Amazing generosity...
I think that signed joint statement made by BC.i, Circle, etc.. is what turned the tides and caused a sense of urgency in the discussion. (At least for most of these guys, Szabo still sticking to his guns.)
yea well, wont bring circle et al. new users tho XD
1396.
Post 12254864 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
> Snowden and Assange, but... lets just say when you have a family your
> willingness to be a martyr diminishes."
When you have a family, you
care about the world you leave to your offspring.
If it is not worth dying for, it is not worth living for either.
(The scumbaggish attitude in the quote, is an epitome to why evil has already grown so prevalent - if you do nothing, that's what you get)
Hum yup. Yup yup yup. This is correct and way more honest than the monero crap you served
1397.
Post 12257685 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
this support thing is so full of shit. everybody seems to shift their opinion as the wind turns.
cant you just be supporter of bitcoin as it is, instead of supporting yet another conglomerate of money stacked douches?
with such mentality, bitcoin is going nowhere but down the toilets.
it's just all pathe... wait for it... tic
1398.
Post 12258442 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Was trading stopped on Bitfinex again?
There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.
the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.
I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...
i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??
no
i heard that here:
https://www.reddit.com/r/BitcoinMarkets/comments/3ik20x/daily_discussion_thursday_august_27_2015/Lol
Reddit...
1399.
Post 12259589 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
^BS ATH.
1400.
Post 12259742 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.
Exactly. What is wrong with the goal of decentralizing development across multiple competing implementations?
I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.
I agree! It's funny that I never really thought about it until this bigger-block controversy came up. I just took it for granted that there was this one piece of fairly centralized software that all nodes ran.
Now it seems obvious that we should have several groups of developers working on competing implementations. When a decision is needed (e.g., the block size limit), each group can implement a proposed solution and the node operators and user base will migrate to the one that is most popular. The other implementations will then make compatible adjustments to their code so that they (a) retain their user base, and (b) follow the longest chain.
you guys dont friggin get it.
THERE IS NO CHOICE
THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT
THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE
GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT
1401.
Post 12259839 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.
Exactly. What is wrong with the goal of decentralizing development across multiple competing implementations?
I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.
I agree! It's funny that I never really thought about it until this bigger-block controversy came up. I just took it for granted that there was this one piece of fairly centralized software that all nodes ran.
Now it seems obvious that we should have several groups of developers working on competing implementations. When a decision is needed (e.g., the block size limit), each group can implement a proposed solution and the node operators and user base will migrate to the one that is most popular. The other implementations will then make compatible adjustments to their code so that they (a) retain their user base, and (b) follow the longest chain.
you guys dont friggin get it.
THERE IS NO CHOICE
THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT
THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE
GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT
YOU BUNCH OF RETARDS THAT JUST CANT STAND MORE THAN 3 MINS WITHOUT MISSING THE LEASH
1402.
Post 12260508 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Pay no attention to the frog on the right, it just wants to get larger blocks for more tx/s.
then they both fall.
1403.
Post 12266477 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
The problem is that our usual discussion thread for this type of thing (Gold Collapsing. Bitcoin UP) was locked by the Forum Administrators. Furthermore, my submissions to /r/bitcoin are all censored now. Since I've lost my two favourite outlets, my Bitcoin addiction is leaking into nearby threads...
http://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/please just go there.
1404.
Post 12296568 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
lol people are so impressionable, with always this eager to blindly follow sum dude..
FYI, just to make things clear:
Bitcoin doesn't need governance: Bitcoin is governance.conclusion: nice try but fork you Gavin!
1405.
Post 12299955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
ukraine true that would legalize bitcoin? This seems to be an effect on the market
Implement is a more relevant term than legalise. It's 'legal' almost everywhere.
It would be better if we say this: It's
not illegal almost everywhere.
its legal-less everywhere.
1406.
Post 12308908 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
I think BIP100 is very dangerous idea adding more risk to Bitcoin
What is BIp100 ? XT nodes ?
XT nodes is BIP101 plus blacklisting capability
BIP100 is lesser evil
is it noobtrader or just noob?
1407.
Post 12316236 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Some people around here just rely on CCMFs and cheap cheering without even grasp the basics of economics.
Praying the exact antithesis of some moonlading with their small bitcoin holdings.
1408.
Post 12317244 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Food for thought:
If bitcoinXT doesn't get adopted it has proven that bitcoin will not be replaced by a better alt-coin.
more food:
bitcoin XT is the first altcoin with sorta fair premine.. xD
1409.
Post 12317693 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Food for thought:
If bitcoinXT doesn't get adopted it has proven that bitcoin will not be replaced by a better alt-coin.
BictoinXT is just an alt-client...same as Toshi from Coinbase and others
It is surprising how there are so many people that don't know what they are talking about and yet they have very strong opinion about it
There were already more clients before XT...the Bitcoin client development should not be centralized...You never know what real intentions of Blockstream are...And i don't think for profit company should lead development of open source decentralised software...they can develop, sure, but they can't be the only one, because these guys can be corrupted
I know, I agree with you 100%. Forking is the best way to vote (=just my opinion)
It's just something we have to remember for next year when some idiot comes telling us that bitcoin will be replaced by a better altcoin.
We can just say then:
A) It already happend, XT
B) It didn't work, XT tried
And put him on ignore....
cant wait for gavin and hearn to be muted tho.
the sooner they fork off the better for bitcoin and its price.
1410.
Post 12317723 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Food for thought:
If bitcoinXT doesn't get adopted it has proven that bitcoin will not be replaced by a better alt-coin.
BictoinXT is just an alt-client...same as Toshi from Coinbase and others
It is surprising how there are so many people that don't know what they are talking about and yet they have very strong opinion about it
There were already more clients before XT...the Bitcoin client development should not be centralized...You never know what real intentions of Blockstream are...And i don't think for profit company should lead development of open source decentralised software...they can develop, sure, but they can't be the only one, because these guys can be corrupted
I know, I agree with you 100%. Forking is the best way to vote (=just my opinion)
It's just something we have to remember for next year when some idiot comes telling us that bitcoin will be replaced by a better altcoin.
We can just say then:
A) It already happend, XT
B) It didn't work, XT tried
And put him on ignore....
cant wait for gavin and hearn to be muted tho.
the sooner they fork off the better for bitcoin and its price.
Buddy, if it ever forks, you'll be on the wrong side, hope you realize that.
meheh you're better at trollin than talking about things you dont understand.
so plz keep diggin, buddy.
1411.
Post 12318477 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Food for thought:
If bitcoinXT doesn't get adopted it has proven that bitcoin will not be replaced by a better alt-coin.
BictoinXT is just an alt-client...same as Toshi from Coinbase and others
It is surprising how there are so many people that don't know what they are talking about and yet they have very strong opinion about it
There were already more clients before XT...the Bitcoin client development should not be centralized...You never know what real intentions of Blockstream are...And i don't think for profit company should lead development of open source decentralised software...they can develop, sure, but they can't be the only one, because these guys can be corrupted
I know, I agree with you 100%. Forking is the best way to vote (=just my opinion)
It's just something we have to remember for next year when some idiot comes telling us that bitcoin will be replaced by a better altcoin.
We can just say then:
A) It already happend, XT
B) It didn't work, XT tried
And put him on ignore....
cant wait for gavin and hearn to be muted tho.
the sooner they fork off the better for bitcoin and its price.
I think you are wrong...Gavin was chosen by Satoshi and the mistake Gavin did in my opinion is that he was too kind and let github access to 4 other people, who turned against him and Adam from Blockstream even proposed revoking his commit access, which i think is pretty sneaky under the belt move...and if you want to follow this guy, go ahead, from your post history i would bet you will not like sane and kind people anyway
Im not following anyone. Altho i might be interested about what some people might say, i will never trust them with my bitcoins.
Gavin is a low life traitor/dictator, and should be banned from touching any bitcoin related code.
May he enjoy the rest of his pityful life hanging around in MIT/CIA/Google offices with his Hearn fella.
Good friggin riddance!
1412.
Post 12318667 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
The consensus seems to be that this is bull, and not the real Satoshi.
Where can I find more about this consensus?
There is no reason to believe it is fake for me.
This is what Gregory Maxwell said about it, I agree:
You seem to be assuming that there is specific reason to believe the
message is unauthentic. This is not the case.
Contrary to other poster's claims, if the message had been PGP signed
that might, in fact, have arguably been weak evidence that it was
unauthentic: no message from the system's creator that I (or
apparently anyone) was aware of was ever signed with that key.
The headers on the message check out. The mail server in question is
also not an open relay. At the moment the only reason I have to doubt
the authenticity of it is merely the fact that it exists after so much
air silence, but that isn't especially strong.
In the presence of doubt, it's better to take it just for its content.
And on that front it is more on-topic, civil, and productively
directed than a substantial fraction of new messages on the list. I
certainly do not see a reason to hide it.
A focus on the content is especially relevant because one of the core
messages in the content is a request to eschew arguments from
authority; which is perhaps the greatest challenge here: How can the
founder of a system speak up to ask people to reject that kind of
argument without implicitly endorsing that approach through their own
act?
This whole tangest is a waste of time. If you believe the message is
unauthentic or not the best response is the same as if it is
authentic. Focus on the content. If its worth responding to, do. If
it's not don't. Then move on with life.
+1
Satoshi is way too smart not to sign and comply with the noobs around and their crave for authority.
That's what bitcoin is about: decentralized consensus, trustless system and no friggin dictators!
1413.
Post 12318935 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
An appeal to not follow authority while using his own authority to undermine Gavins supposed authority. Either it's a fake or Satoshi is an idiot.
Edit: With regards to the bit in Maxwells text I have put in bold: He can get engaged in the discussion again and respond to criticism. Not just drop some commandments to Moses on Mount Sinai. That is, of course, unless he wants people to follow him blindly like sheep.
you're lost. hopeless. clueless.
and now ignored.
1414.
Post 12319002 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
^ you too!
1415.
Post 12321712 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
So trolls, any good investment suggestion? Any shitcoin? Any shitasset? Or stay in cash?
lemme guesss... USGavincoin?
lol noooo time to cheer for USGARZIKOINNN!!
1416.
Post 12336805 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
This must be the fakest pump i've seen yet.
Timing looks right to me.
I'd say 350 by the end of the year, and I think 1163 by the end of 2016
1417.
Post 12342752 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
lol how many coins do 'they' have?
i feel like 'they' just buy them over bitpay/coinbase and advertize over at coindesk before actually auction them for a premium.
1418.
Post 12343749 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
1419.
Post 12346918 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
regarding the scaling bitcoin conf:
lmao
1420.
Post 12349696 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
I have not done anything regarding this. I told you the two reasons for this in my previous post. (The post you are responding to.)
1: Gavin have talked about statistical distribution of confirmations before.
2: Somebody are working on tree chains, which I think is related to the same, but I'm not sure.
The ideas are out there. I think Core devs Gavin & Jeff are capable of handling this shit, but Core boss Wladimir is just too scared to make any decitions or point in any direction.
If I don't see any development in this area in 6 months, I will probably contact Gavin to propose a deterministic distribution of transaction confirmations. But I do think fresher brains than mine are woring at it now. So I don't worry too much about bitcoin scaling.
I don't understand what you mean by your puff and pass remark. Probably a language thing, as I am from Norway.
Sorry for being glib. It's more a product of my own frustration with the progress (or lack thereof).
You may be thinking of IBLT?
Probably don't need to remind Gavin, he made a nice gist about it.
https://gist.github.com/gavinandresen/e20c3b5a1d4b97f79ac2I gotcha
He he, no problem. And I don't even know what glib means!
Can you give me the short version of what IBLT is? (Clicked the link, but too drunk to read many letters, ha ha ha)
Anyway, don't worry about bitcoin scaling, it's not very difficult to scale. The beauty of the power distribution is simply that the best code will be used!
CHEEEEEERS MATE!!!!
I'm sorry but you might as well drink more so that tomorrow you have forgotten all about the idea.
The problem of scaling is indeed not technically difficult at all. The problem resides in messing with Bitcoin's carefully incentives. It is not enough to enable miners to process more transactions, we have to consider what the costs are on the whole network.
"And I don't even know what glib means! ... the beauty of the power distribution is simply that the best code will be used"
1421.
Post 12355723 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Strike One: Playing Doubting Thomas to blockchain tech, despite compsci/fintech consensus that (per Horowitz) "it may be the most important computer science breakthrough since packet switching."
And it will end poverty and corruption. And maybe cure cancer too.
Strike Two: Declaring XT would win, after getting suckered in by Gavin and Hearn's false sense of urgency and other social engineering attacks.
I don't recall saying that
BitcoinXT would win; if I did, I apologize profusely. No matter how much I try, I always overestimate the intelligence of bitcoiners.
(I just saw a bunch of them exchange hate comments about Gavin on reddit, as if he had always been the arch-enemy of bitcoin. Amazing what you can do with a smear campaign, if you have 21 M$ of capital to defend and a couple thousand bitcoiner minds to play with.)
I still think that the limit will be raised, and the Blockstream guys will either cede or be left sucking their thumbs. But I may be overestimating again...
Bonus Strike: Being embarrassingly jealous of Dr. Back's far more lucrative and history-making, world-changingly influential CS career.
After having admired Dr. Back's words, and even having had the honor of debating directly with him on reddit, I must say that, for his technical and ethical qualities, he is one of the most outstanding bitcoin personalities -- right there besides Roger Ver. I do hope that his career develops the way he deserves.
Who pays you though?
Sometimes I'm curious if you, Lambtroll and a couple others sit at the office cafeteria table and try to think of the most stupid brain dead shit to say
lmao.
And it will end poverty and corruption. And maybe cure cancer too.
no, but it ends democracy..
I still think that the limit will be raised, and the Blockstream guys will either cede or be left sucking their thumbs.
again, for blockstream "business" to be succesful, they NEED bigger blocks.
After having admired Dr. Back's words, and even having had the honor of debating directly with him on reddit,
lol get a life. (or make up with peter r already..)
1422.
Post 12355753 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Bitcoin will never be able to replace fiat even if it scales up 100X. or 1000X.
Right, so make your damned coffee by yourself and keep your crypto for serious affairs, like buying weed.
true that, besides investment pov, bitcoin is for teh free market. bitcoin is for the free people. no sheeples.
(as in the only people/market that actually brought value to btc)
bitcoin doesnt need some image polishing, what needs some is the rest of the financial world/governments.
1423.
Post 12362086 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
Ruble exchange hacked?
Is this the end of the Ruble?
Nothing to comment, already relaunched.
some ol reuters fud..
1424.
Post 12365215 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
watta bunch of whinny little babies.
1000tps or 26GB blocks or just beg for new people to buy in is beyond pathetic.
this is has nothing to do with bitcoin, if you cant handle reality, no one is forcing you to use it.
1425.
Post 12368974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
1426.
Post 12369060 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.25h):
nice try to panic people, you almost had me
1427.
Post 12383026 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1428.
Post 12384020 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1429.
Post 12384663 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
lol mega coindesk-newforkshitty-mainstream k0mb0
Bitcoin has grown to 12 million users without any big use case, Casares contends
proof?
Casares: "Bitcoin is playing out like Internet, a lot of things make sense if everyone had bitcoin wallets with $5 or less."
ooh fancy anal-ogyyy
Botbol: Users are creating more content and community is healthier with bitcoin tipping.
proof? actually no. just lmfao.
"Youtube gives content providers 1/10 of 1 penny to serve an ad. I'd give folks a lot more to NOT see the ad."
bitcoin is good for youtube!
Casares talks challenge of doing micropayments over the bitcoin blockchain, says solving block size issue is critical
spam tx much? Inc
rease blockchain!
Casares: "Micropayments is an elegant use case that can only be done with bitcoin."
lol. bloatchain much? how about that spam attack that is happening nao? wtf. why not just use the
blockchain technology but without bitcoin.. maybe ask Blythe Masters. ^^
...
n00bs
1430.
Post 12395039 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
coindesk's centralization scaling conference:
More seriously..
Bitcoin's value proposition lies in its fixed inflation. No number of dollars meeting the market can increase the supply schedule. Trilema clearly explains:
There's pretty much literally nothing those extra dollars nobody wants can do to increase the Bitcoin supply. It's very, very inelastic, and consequently the only stability point is when equilibrium is reached. Two billion dollars divided by 600`000 Bitcoins comes to three thousand dollars and change per Bitcoin.
Bitcoin is faced with hitting another inelastic limit in its maximum transaction volume. Consumers have come to expect to get what they demand – "the customer is always right". As such consumers have begun to revolt due to them not getting their demand of Bitcoin competing with Visa or as
Trilema predicted in 2013:
…
one of them is that consumers revolt, entrepreneurs intervene, before the end of 2015 there's about a thousand to a million different Bitcoin forks, each with its ten million-ish monetary base worth about a dollar, on global average. The size of the inter-Bitcoins market, the complexity and confusion ensuing makes pretty much everything unmanageable for the "ordinary person". Hedge funds and banks (the ones a little ahead of using Excel) that trade in this murky complexity make a killing and become the principal driver of economic growth worldwide. Not only is the consumer about as screwed as is currently the case, but to everyone's benefit he has just been clearly proven yet again that revolt = being fucked in the ass harder, longer, with a thicker implement with sharper barbs on it. Also conveniently, the thing to revolt at has become much more vague and intangible. On the balance of probabilities this would seem the most likely outcome, strictly because history unerringly flows in that direction which most cruelly rapes the "average person".Many consumers have exclaimed they will leave Bitcoin to go to an altcoin which suits their "needs" if they don't get their way in Bitcoin being perverted into a system to compete with Visa. What they don't realize is the consequences they will face if they choose this option.
source:
http://qntra.nethttp://qntra.net/2015/09/mit-sacrifices-rag-in-xtcoin-push/
1431.
Post 12395234 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Many consumers have exclaimed they will leave Bitcoin to go to an altcoin which suits their "needs" if they don't get their way in Bitcoin being perverted into a system to compete with Visa. What they don't realize is the consequences they will face if they choose this option.
full article:
http://qntra.net/2015/09/consumers-begin-revolting-bitcoin-is-not-visa/And what are the consequences?
read much?
…before the end of 2015 there's about a thousand to a million different Bitcoin forks, each with its ten million-ish monetary base worth about a dollar, on global average.
The size of the inter-Bitcoins market, the complexity and confusion ensuing makes pretty much everything unmanageable for the "ordinary person".
Hedge funds and banks (the ones a little ahead of using Excel) that trade in this murky complexity make a killing and become the principal driver of economic growth worldwide.
Not only is the consumer about as screwed as is currently the case, but to everyone's benefit he has just been clearly proven yet again that revolt = being fucked in the ass harder, longer, with a thicker implement with sharper barbs on it.
Also conveniently, the thing to revolt at has become much more vague and intangible. On the balance of probabilities this would seem the most likely outcome, strictly because history unerringly flows in that direction which most cruelly rapes the "average person".
edit: maybe i should i add colors too?
edit edit: how about a picture? you like pictures, right?
1432.
Post 12399028 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
We already knew there would not be a resolution this weekend, only the possibility of a resolution at the next conference in Dec(?)
But have no doubt there will be lots from this conference to speculate about regarding the various possibilities of resolution.
I wonder why anyone needs a bleedin' decision to make a conference. Maybe innocent interns can only reach consensus when they're wearing a name tag and lining up superior beings to nail after they've pwned their panel discussion.
ftfy
reminds me of teh climate change confs..
1433.
Post 12402530 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
lol much progress mr jay.
giving the lesson at this old trollfi. ^^
1434.
Post 12402568 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1435.
Post 12402671 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1436.
Post 12403867 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Great fun to see Peter Todd make a fool out of himself during the scaling conference today.
Don't make a fool out of yourself!
Peter is a brilliant mind.
Doesn't mean he can't have a bad set.
Todd is a clever manipulator with an agenda (same agenda as Blockstream). It became so obvious when he had the stage for himself and no one to argue with. I recomend you watch it, but the session with Peter R. was the best today, in my opinion.
Anyway, this openness with this conference and the fork option makes me really believe that bitcoin will survive and thrive.
The best code will win.
"Special interests" can't hijack the best code.
lmao
both you are so fulla shit.
1437.
Post 12409103 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
How come that chart shows Bitcoin shooting up from $150 to $1000+ in November 13, but their funds only went up a tiny little bit in November 13? If their strategies are so great then their funds should have increased in value faster than Bitcoin back then. Why did Bitcoin shoot up in value in November 13, but their funds didn't? Anyone holding Bitcoin back then could make money just by sitting back and watching it shoot up in value
They probably only count the dollars when they've sold the bitcoins.
Once you have bought bitcoin, you can't say you hold dollars.
Once you sell the bitcoin, you get dollars again.
Therefor, when the price dropped, their chart goes up because they're selling bitcoin to covert them for dollars.
Obviously they count their gains in dollars.
exclusively counting my gains in bitcoin here
1438.
Post 12410094 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1439.
Post 12410226 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
I'm so confident that bitcoin will scale, as long as these ideas are out there. The best code will win!
XT alt coin can't win. It is practically dead.
Doesn't matter. The best code will win. And Wladimir has to get his shit together quickly. If not, he will not have his current position in february...
1440.
Post 12410240 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Doesn't matter. The best code will win. And Wladimir has to get his shit together quickly. If not, he will not have his current position in february...
Absolutely. The price of Bitcoin has dropped by more than 40% since Wladimir started - increased by more than 2000% when Gavin was the lead dev before him.
1441.
Post 12412235 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Screw you bitch. Having enough savings that I don't have to work for the rest of my life gives me options and freedom that most people can't even dream of. Spending most of your life working for others merely for food and a shelter is the life of a slave.
Great, let's all do that then.
Imagine if only we could give 0.003 bitcoins to every person on the planet. Once 1 bitcoin becomes worth a billion dollars, no one will have to work anymore. Bitcoin cannot just put an end to hunger and corruption in the world, it can also abolish
work!
You are speculating way too much. We are a hell-of-a-long way from everyone owning bitcoin, and I again looked at that pie chart that was posted with the koolaide man, and in any event BTC occupies only about .004% of the currency at the moment... ... a long way before your little problem becomes any kind of real potential concern.
Additionally, like i mentioned earlier, if someone is hungry, they are likely going to buy food rather than hold onto bitcoin.. HELLO, is anyone home?
?
lmao +1
1442.
Post 12414746 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1443.
Post 12447410 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1444.
Post 12449241 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Passing the time:In the present era of fiat economics, delaying gratification just doesn’t work. Branded as unpatriotic, unproductive, and selfish, waiting to save up for something you really want is a one-way ticket to social alienation. If you’re not stimulating the economy, constantly injecting fresh capital into the bloodstream of the junky, it’s going to collapse, go into withdrawal, and die. You have to buy that shit right now. Or else? Well, you won’t be keeping up with the Joneses and inflation will rob your ass.
This lens, that of citizen-as-consumer, is a bizarre worldview indeed. It’s a sort of fascist bread and circus routine. You’ll be happy as long as the multi-nationals have something to sell you. Won’t you?
But you can’t trick the Bitcoiners! Oh no! We’re better, smarter, faster, and (can afford to hire people who’re) stronger! We don’t succumb to materialism, the temptations of The Man, etc. That’s for other people. Lesser people.
But if that’s so, why do the vast, vast majority of Bitcoiners (at least those on bitcointalk, /r/bitcoin, and Facebook) constantly expound the virtues of merchant adoption? Why does the ommmm of mainstream Bitcoiners sound suspiciously like “Amazoooooooon”.
The logic of merchant adoption appears to be loosely based on the idea that the more people see “BITCOIN ACCEPTED HERE” signs, the more people will know about Bitcoin, the more people will want it, the more demand pressure will squeeze the known supply, the more to the moon. This line of logic continues, with a known BTC supply increase of 11.11% in 2014 and a perfectly efficient market (which, if Mt Gox is anything to go by, is a ludicrous notion), we can infer that any USD/BTC price increases represent an increase in demand net of that supply increase. All because of merchants. Because obviously.
Aside from the increasingly obfuscated price signali, there’s a philosophical contradiction here. Bitcoin is powerful because it’s outside of the current paradigm, outside of the existing infrastructureii, and because it presents an opportunity to abjugate ourselves from a fossilized system. Yet our birthplaces and our places of habitation, soaked in deep layers of consumerist muddle, prevents us from seeing what lays beyond yonder mountain of Walmart refuse.
If independence means freedom, in the emerging Era of Bitcoin, independence means freedom from physicality, both geographic and material. If Germany had its wealth stored in BTC instead of gold, it wouldn’t have to beg the USG to please, pretty please, let it audit its own stores under Manhattan. If Germany stockpiled bitcoin instead of gold, it might actually be an independent nation.
Merchants like your local coffee shop have never accepted diamonds for goods or services rendered. And diamonds aren’t available from ATMs in the shopping mall. Incredibly, rappers still think they’re crazy valuable. Funny how that works.
Effective marketing rarely, if ever, increases the value of a product by making it 100% accessible all at once – it tends to be the opposite. De Beers hoards that shit in warehouses so it’s only as available as they want. Why don’t we do that with BTC? Rather than feeding into our consumerist leanings and making bitcoin easier to buy and spend, perhaps we’d be far better off making it more exclusive, like a velvet-roped night club, but for numerically competent folks. A velvet-roped library, then.
Bitcoin, unlike fiat, demands that we delay gratification. For once. This can be confusing at first, but it’s a lesson we soon learn. I learned it last summer when I spent 3 BTC on a $450 case of wine in Kelowna. Today, I could’ve bought that case for 0.64 BTC, and probably more like 0.1 BTC before long, then 0.001 BTC, etc.
For those of you holding, be patient, watch bitcoin grow, and fight the temptation to spend it. Your future self will thank you for it.
http://www.contravex.com/2014/02/25/matters-of-bitcoin-merchant-adoption/Accumulation & patience
1445.
Post 12450078 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
lol, how surprising.
i thought the US revived its "growth" and that its economy was "healthy" as ever?
1446.
Post 12450100 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1447.
Post 12451751 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
1448.
Post 12517004 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
90% of this forum is probably in denial about it.
Also let me gloat for a minute for calling Bitpays business model unsustainable way back.
itshappening.gif
I still can't believe VCs were willing to plow 30M$ into this company..you truly have to wonder wtf these guys are thinking sometimes.
well bitcoin was not meant to be a payment processor à la visa/paypal it seems..
*btw, pedo spotted:
http://valleywag.gawker.com/the-bitcoin-broker-and-the-13-year-old-girl-in-the-biki-1563202590
1449.
Post 12519441 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
The block-size issue is still not fixed, it can go up like now but it will go down hard when media paying attention again to that debat.
If you plan to buy more coins just wait untill that block-size issue starts again.
When it's all over...than the real uprise will start.
the debate is already priced in
sure, but not the outcome yet ^^
1450.
Post 12519526 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
The block-size issue is still not fixed, it can go up like now but it will go down hard when media paying attention again to that debat.
If you plan to buy more coins just wait untill that block-size issue starts again.
When it's all over...than the real uprise will start.
the debate is already priced in
sure, but not the outcome yet ^^
XT loses, Gavin wins. Core won't give miners all the power. There. Run that through your calc.
gavin wins? lol wut?
if anything he won the right to stfu!
1451.
Post 12519694 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
wanna talk about illusions?
how about Bitpay's business model?
http://trilema.com/2015/time-to-rehash-that-old-strategic-superiority-discussion/#selection-55.0-67.331 In an effort to provide better service to our expanding user base, BitPay will be adjusting our pricing plans October 1, 2015. Due to your volume and settlement preferences, we do not believe your account will be drastically affected, but we wanted to make you aware of the changes to our Free Plan.
On October 1st, all Free Plan accounts will be migrated to the Starter Plan, which offers free, instant conversion for 30 transactions per month. If you process more than 30 transactions, a 1% settlement fee will be applied to the additional transactions. The Starter Plan offers weekly settlements in USD and EUR, and daily settlements in BTC. Your processing Tier will not be affected.
The new Business Plan applies a 1% settlement fee and comes with unlimited processing, daily settlements for all supported currencies and additional features, such as Multi-User Organization and access to Premium Integrations. The new fee structure is designed to simplify bookkeeping and enable us to build more features and tools for Business accounts without changing how we price each plan.
The addition of new services for Business and Enterprise plans is part of our continued effort to build the world’s smartest and fastest payment network. Your participation in this ecosystem is a critical part of that vision. We truly value your business and hope that you continue to use BitPay for your bitcoin payment solutions.
poor bitpay and its VC armada
But hey, rejoy, now, as a merchant, you pay for more than 30 transactions per month! so much for frappucinos!
1452.
Post 12538793 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.26h):
Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?
There are a huge fud campain
Agree. Feel like as Tarmi said, someone is trying to create the illision of volume in this rise (while perhaps unloading elsewhere). BFX volume has been minimal. It hasn't really dropped, but as a percentage vs Stamp, has collapsed solely due to the action of the 49,98,147 bots, which are doing the majority of the volume on Stamp and account for most, if not all the increase vs BFX.
Its not just Stamp - OKC and Huobi seem to have put some more fuel in the volume bots (and thown in a few of those random 50k BTC trades for good measure!
All in all its really tough to know where to look to get any read on current volume trends.
Something fishy going on ... (well it's BTC, so nothing new there
)
If the activity on this forum is anything to go by, then I would guess the BFX numbers are most representative and the rest is an illusion.
so the magic wall that pops up once in a while on bitfinex is representative?
1453.
Post 12542040 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
BLOOD MOON!!1
1454.
Post 12542058 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Seven deadly sins
Seven ways to win
Seven holy paths to hell
And your trip begins
Seven downward slopes
Seven bloodied hopes
Seven are your burning fires
Seven your desires
1455.
Post 12542376 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1456.
Post 12542480 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
CIRCLE IS DISTANCING THEMSELVES FROM BITCOIN
https://www.cryptocoinsnews.com/circle-distancing-bitcoin/soo Circle's new Business model: "You can enjoy the benefits of Bitcoin without ever holding or buying bitcoin yourself"
1457.
Post 12542533 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1458.
Post 12552412 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1459.
Post 12555637 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Guys i have a feeling that the next bubble will be fucking nuclear...don't know when it will come, doubt it will be now, but when the world is ready, holy fucking shit
exactly.
2 years of constantly building more and bigger fiat channels towards bitcoin will - in case of another run-up - have a huge impact. next one will reach 5 - 10k
My bet (why not be bullish, right?):
We slowly grow over the remainder of 2015 and early 2016 back to the $500 - $750 range. Between the spring and fall of 2016, we have a quadfecta of news that is positive for price: a 1MB+ block is included in the Blockchain, the halving is successful, the Winklevoss ETF launches, and there is a major currency crisis somewhere.
This precipitates the largest growth spurt in the history of Bitcoin. The growth spurt takes place in three bubble-phases over late 2016 and 2017 (and causes many people to bail prematurely), reaching a height of $40,000 before 2018 (and then crashing back below $10,000).
By the way, when you say bet, what kinds of odds are you putting on your scenario?
I'll answer that in a roundabout way: if Bitcoin doesn't die in the next ten years, then I'm 98% certain we will have another hyperbolic run-up within that same time frame. I think the probability of Bitcoin dying in the next ten years is ~25% (yes, I'm an uberbull). So I guess I think the chance of another bubble (not necessarily as big or as soon as the one I described) is about 75%.
Let's say my guess is that there's a 25% of 1 BTC being worth $0 in ten years and a 75% chance of it being worth $10,000.
Expectation value of 1 BTC ten years from now: 25% x $0 + 75% x $10,000 = $7,500
Net present value of one Bitcoin today (assuming 6% cost of capital) = $4,187
So according to my interpretation of the probabilities, the price of a bitcoin is highly undervalued right now!
Didn't know we were still using this forum
Haha well sometimes I check out the ol' Wall Observer for nostalgic reasons.
To the other readers here: I believe many of the older posters no longer feel welcome at BitcoinTalk after the Forum Administration locked the "Gold Collapsing. Bitcoin UP" thread.
If readers are wondering where cypherdoc, solex, sickpig, awemany, theZerg, Justus Ranvier, Inca, molecular, AdrianX, Zanglebert Bingledack, chmod755, Erdogan, Ivanhow, Melbustus, lunarboy, humanitee, Zarathustra, rocks and others are, well please come over and say hi:
https://bitco.in/forum
1460.
Post 12556123 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
I just learned about this cool idea where anyone can donate to a "pot" and then a fraction of the pot gets paid out (by a bot) to the coinbase address of each BIP101 block found. As the pot gets bigger, miners can see how much more they could be earning per block by signalling support for BIP101.
https://cryptoplay.net/vote/The site is managed by /u/NxtChg from reddit. We've been discussing potential improvements with him
here.
I think this is a great idea and it would be good to get more publicity for this effort. If the pot got to over 10 BTC, then it would pay out 1 BTC per BIP101 block; a 1 BTC advantage per block would certainly get me thinking about signalling support for BIP101 if I were an indifferent miner.
lol
free money for the scammers, and for the scam that BIP101/XT/whateverbsthatcomeoutofyouandyourgavinistasjerks is..
https://bitcointalk.org/index.php?action=trust;u=203845https://bitcointalk.org/index.php?topic=929688.80mymy you restless shill, even shamelessly pimping your scammer of a colleague here
1461.
Post 12560146 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
That's it. I'm switching from this forum to:
https://bitco.in/forum/They even have a new Wall Observer thread there.
There is too much shit from the Theymos shills here.
See you on the other side, guys!
Norway
1462.
Post 12566101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1463.
Post 12569987 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
400 by end of october
Lets hope so but I don't see that happen. Maybe a short rally to the 250-260. Just let it raise slow and steady.
If we break 260 it will go ballistic. Major resistance is basically where we're hovering right now.
1464.
Post 12575903 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1465.
Post 12589492 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
funny how the huge finex wall is unable to move the price up.
1466.
Post 12597780 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1467.
Post 12600439 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
No weekend dump = Monday morning pump?
more like weekend nothing, monday even less.The bolded bit imo. There doesn't seem to be anything that can change the price positively or negatively. We're stuck in a rut at the moment. More sideways action ahead I believe.
sure, the question of how it will *eventually* break out remains tho.
imho bulls will be exhausted, walls removed, and open the way for some drama and profit taking.
need to steam it down before accelerate upwards.
1468.
Post 12602113 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Fakhoury we are here for the long term brother. I'm not stressed, angry or upset about the price. We have a lot of time to kill before bitcoin explodes into mainstream adoption. I know you can't plan for it & it may not even happem at all but my target it to prosper financially from bitcoin in around 10 years.
The halving is a good time to start moving towards a much better price than the current one though. I'm hoping for 600-700 USD coins by this time next year.
mainstream adoption - whatever you gentlemen think it means - is in no way linked to btc valuation, and neither are the VC perfused btc businesses a la bitpay, coinbase, 21inc, etc..
otoh.. the holders vs the looming financial crisis... kaboom.
1469.
Post 12607598 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
+1
hehe, finally it's going live..omg man after all that time it's really going to happen
I'm gonna open a bottle off beer after dinner for this celebration, thats for sure.
hum how is a bitlicenced bitcoin business run by two wannabes with daddy issues could be good for bitcoin?
1470.
Post 12607620 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
1471.
Post 12608242 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
I'm sorry but I don't really see the added value of yet another exchange. If I want a "clean design and cool color scheme" I'll just use Kraken.
Edit: sounds like a good time to buy the rumor, sell the news.
I thought the same until I read that they're licensed to provide business to institutions.
https://blog.gemini.com/geminis-area-of-operation/I bet there are many fund managers personally loaded with bitcoin and want to use institution money to pump the price.
gemini might finally be the place where wall st. has been searching to stick it's hard-on for "blockchain"
And more paper money.
1472.
Post 12609189 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Wow, Cryptsy and the Garza family business is corrupt! Next you'll try telling me that Mark Karpeles is an incompetent, latte drinking, fat, price fixing, thieving piece of shit. No way dude! lol
The constant flood of crooked exchanges, criminal businesses, unfavorable laws and developer infighting is turning Bitcoin into an international joke. Bitcoin seriously needs a PR firm.
It has been a tough year, the price is still healthy though.
I wonder what would happen if we all chipped in and hired one of those fancy New York PR firms to run an ad campaign?
Nothing, if not a coup de grâce.
Dam you are So dumb.
1473.
Post 12609289 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Wow, Cryptsy and the Garza family business is corrupt! Next you'll try telling me that Mark Karpeles is an incompetent, latte drinking, fat, price fixing, thieving piece of shit. No way dude! lol
The constant flood of crooked exchanges, criminal businesses, unfavorable laws and developer infighting is turning Bitcoin into an international joke. Bitcoin seriously needs a PR firm.
It has been a tough year, the price is still healthy though.
I wonder what would happen if we all chipped in and hired one of those fancy New York PR firms to run an ad campaign?
Nothing, if not a coup de grâce.
Dam you are So dumb.
Well, of course I am. I post here regularly, don't I.
BTW: Damn is not spelled DAM.
Eh whatever, sure seems that bitcoin will set for new Lows with your kind of reasoning.
Thought bitcoin community was smart but it just seems to be Noobs craving for their new iPhone updates.
1474.
Post 12613512 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Core is not the end.
http://coinjournal.net/gavin-andresen-bitcoin-core-wont-make-the-consensus-rules-in-the-future/ “Up to now, the Bitcoin protocol and the Bitcoin Core reference implementation had been one and the same, and that’s not quite true. We do have a couple other implementations that implement the protocol. Toshi at Coinbase, BTCD from Conformal Systems and libbitcoin I think also is another full re-augmentation of the Bitcoin protocol. Bitcoin Core is by far the dominant version of the software that everybody’s running and really, Bitcoin Core sets the consensus rules. I don’t think it should be that way and I don’t think it will be that way in the future.”
If he wants to play that game, lets not forget the very state-free
Bitcoin Reference ImplementationAs you make your bed, so you must lie on it.
Retardedly praising the moon and zombie craving updates a la iphone wont make your coinz worth moar.
Beware bitcoiners.
1475.
Post 12620797 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Miners revenues are mandatory to ensure the network's security.
While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.
Meanwhile, you can enjoy transacting for nearly nothing.
It is possible to have too much security. Would you hire an army to guard a child's piggy bank? The compensation for miners should be proportional to the security they actually provide. It costs almost a million dollars/day to secure a network with a 3-4 Billion dollar market cap. How much do you think the New York Fed spends guarding their gold vaults under 33 Liberty ST. ? I would be very surprised if it was anywhere close to 1 million/day.
If miners can provide 90% as much security for 10% of the current cost/transaction, that is a increase in value to network users. If they keep stonewalling any blocksize increase, they risk losing market share to competing altcoins.
I'm not selling my BTC, but i'm not reinvesting my arbitrage profits either. I'm using them to buy bitshares.
If small blockers were truly committed to decentralization, they wouldn't be limiting Bitcoin's utility. A settlement network between trusted third parties is absolutely not what Satoshi or any of us early adopters had in mind. It's supposed to be a peer-to-peer electronic cash system. It always was.
So the caping is preventing utility? Or "mass adoption" maybe?
What is actually forcing miners to spend millions to secure a system that should not be as powerful?
Seriously, you need to take a deep breath.
Yes, capping is preventing utility and impeding mass adoption. 7 transactions/sec cannot support mass adoption. Nobody is FORCING miners to spend millions. They-- like any investors--are expecting a ROI on sunk capital. Miners are employees of the network. Hodlers are the owners.
The thing you got most wrong is that Bitcoin is NOT powerful. It's a network with a 7 TPS capacity. It is a very SECURE network with relatively little power.
We could octuple the power with BIP101 at a relatively low cost to security. If we don't, we will lose market share. It's as simple as that. you are simple as that.
1476.
Post 12622451 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Bigger blocks would require a good deal of adoption, which has yet to happen. Whether you want the limit raised or not.
That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
1477.
Post 12622967 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
This.
I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?".
see? you should migrate to doge as well.
1478.
Post 12625924 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
This.
I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?".
A SNARK IS NOT AN ARGUMENT. THE PEOPLE WHO BUILT SOFTWARE INFRASTRUCTURE ARE NOT GOING TO LAYER ON TOP OF A NON-SCALABLE BLOCKCHAIN. It's too much work for too little reward. The people who finance the infrastructure are not going to pay for it. Speculators like me are not going to invest when the expected future returns are based on the utility of only a settlement network.
We don't have two years. Bitshares 2.0 is going to launch literally in a week. Altcoins can take all your good code and build a chain on top of it now. Many have and a billion-dollars to launch a real competitor is chump change for Silicone Valley or Wall Street. I understand you want an armored truck and not a sports car, but even a Brinks truck has to keep up with traffic. If you want Bitcoin to be the MySpace of crypto, keep doing what you're doing.
how old are you again?
You guys still bother to engage in discussions with THIS guy?
How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?
Easy. 1/21,000,000th of the whole chain. I answered your question, now you answer mine.
If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?So for 1 bitcoin I get 1/21,000,000th of the whole chain? Are you for real? Were you hit over the head with something?
Nope.
I get one twentyone millionth of the whole damn chain. 4 eva. If you think that's too much, then perhaps you are selling your coins too cheaply.
If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying?
nah, just rhetorical question.
1479.
Post 12635102 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
...
Then the hard fork would be a non-event and NOTHING bad would happen from it.
lol, a hard fork being a "non-event"..
sounds like a true acaderpic.
1480.
Post 12637525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
wall street money pouring in.
Yup, currently 3.2 thousand dollars bids at Gemini, this looks sooo bullish...
The bid sum / ask sum ratio is about 20$, might be an insight into the future of bitcoin...
And those are probably just nerds from this forum "Taking Part in History!!!".
How do we link to Gemini's exchange (trading and books) information? Do we need to create an account?
Only institutional representatives can create an account, no?
You can see it here, although trading has been very low volume since it started. I think there's only been about 45 Bitcoins changed hands since it opened.
http://bitcoinity.org/markets/gemini/USDMost of the trades are for less than one Bitcoin. The last 3 hours of trades are below.
would be so funny tho if the userbase does not expand as expected, because well, NYC KYC regulation et al.
hope the twins saved some coins to fake some volume.
1481.
Post 12674756 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Blockstream's first production sidechain:
Liquid reduces ISL [Interchange Settlement Lag] by allowing for rapid transfers between accounts held by the varied participants in a separate, high-volume and low-fee cryptographic system that preserves many of the security benefits of the Bitcoin network.
Bitfinex, Kraken, Xapo ... are all on board.
https://blockstream.com/2015/10/12/introducing-liquid/This should cut the spread considerably, and add stability. But competition might be a bit in question among these exchanges. Basically there is no big reason to use one or the other except than exchange and withdrawal fees (and maybe credibility). I think it's nailed that they will collude somewhat.
meanwhile XTyrants be like throwing out their
C release, with this tiny weeny text as description:
This release fixes a buffer overflow in the integrated UPNP support.
1482.
Post 12677151 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Dude has completely it
Does he even realize what he is saying
As if that's not what they were doing all along
The panic is real.
And oh, I like twisting words as much as the next guy, but you cannot assume that the person whose words you are twisting will twist his emotional state in the same direction.
What twisting? that's literally a screenshot.
Context here:
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-60#post-2263dont mind, he is well aware of what is cracking up in the bitco.in tard hole..
you are twisting
words screenshots the same way big blocks would make mass adoption happen somehow - or at least in them simple minds.
1483.
Post 12677404 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
(^
...
^)
Twisting aside -- that some share of the crypto cake capitalization will go to chains with varying degrees of trust reliance is unavoidable, imo. Said as much before and still think it'll be the case, long term. Only, that doesn't change the simple economic insight that, once you're planning to clear / register / etc. among a broader group where your lack of trust in them times the capital on the line is greater than the cost of complying with creaky old BTC (fees and delays, warts and all), you have no good localized economic reason not to use the latter... So what's the big deal, exactly?*
* And that's not even accounting for the (orthogonal) incentive to be on a permissionless network.
Unloading of the blockchain for txs that don't need to be persisted forever in the main blockchain. Helping scalability. Which seems to be a bit of a deal these days (more because of fabricated crises than reality, but it's the way it is). Improvements are always welcome to me.
also, SCs are more transparent, if not resilient (adding a certain degree of decentralization amongst exchanges, multisig wallets etc), than offchain solutions, which most exchanges currently uses.
as for the xters centralization scarecrow (lol they care about it nao?) over them exchanges point of sales, they already mostly comply with a lot of the tptb inept KYC/AML/bitlaw ting anyway.
so yes, finally, glad there is innovation.
pushing the scaling debate further down the line is the cherry on the cake.
the xtards tears are being delightful tho.
1484.
Post 12678559 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
There is nothing radical in not supporting XT. Being on the fence as in "half adopting" XT is simply a disingenuous stance. Sort of like the "atheism is a religion" argument. Or being on the fence about the Pol Pot genocide because opposing all murders is radical, "let's compromise and murder just half of the opposition and their families".
Problem is, the public argument pretty quickly turned into a binary choice of sorts, pro XT vs. pro status quo. Given that choice, anything
other than being on the fence would be naive.
XT is a bit of a red herring. It's more about BIP101 (and friends) and more broadly, it's about how the protocol is managed.
it's about what bitcoin is.. metaphysically speaking.
1485.
Post 12690753 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
institution much?
135BTC vol:
https://bitcoinity.org/markets/list?currency=ALL&span=24hlel
ps: meanwhile in altcoinland vitalik butterhurt herd be like..
well, butthurt.
hell i'm bullish this morning!
1486.
Post 12690857 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
Just give it time. Did you honestly expect a lot of volume at the start of operations?
I just noticed the price late right now. Is there a specific reason for the mini increase or is it just correcting itself? Very interesting times are ahead.
well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.
agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
CCMF!
1487.
Post 12690982 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
ps: meanwhile in altcoinland vitalik butterhurt herd be like..
well, butthurt.
Looks like the cutting edge ETH investors are bleeding wealth even faster than the poor XMR
sufferers early adopters.
1488.
Post 12691628 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.
agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
I was actually talking about the exchange itself. It takes time to accumulate volume and for the service to mature. I'm just hoping that there are no errors or bugs that would harm them so early. Besides, you have to remember the amount of time it takes to verify an account and transfer money to the exchange.
It would be nice if the price went up even higher.
The absurd "Regulated Exchange" era of Bitcoin is nothing more than a millimetre thin geologic layer in the advance towards domination.
Bitcoin price will surge at some point, and neither regulations, institutions, governance or whatever other deluded mass-marketed socialist businesses will have anything to do with it, ever.
1489.
Post 12691646 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.
agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
I was actually talking about the exchange itself. It takes time to accumulate volume and for the service to mature. I'm just hoping that there are no errors or bugs that would harm them so early. Besides, you have to remember the amount of time it takes to verify an account and transfer money to the exchange.
It would be nice if the price went up even higher.
The absurd "Regulated Exchange" era of Bitcoin is nothing more than a millimetre thin geologic layer in the advance towards domination.
Bitcoin price will surge at some point, and neither regulations, institutions, governance or whatever other deluded mass-marketed socialist businesses will have anything to do with it, ever.
bullish?
also, patient.
1490.
Post 12692078 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.
agree that interesting times lies ahead.
i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.
I was actually talking about the exchange itself. It takes time to accumulate volume and for the service to mature. I'm just hoping that there are no errors or bugs that would harm them so early. Besides, you have to remember the amount of time it takes to verify an account and transfer money to the exchange.
It would be nice if the price went up even higher.
The absurd "Regulated Exchange" era of Bitcoin is nothing more than a millimetre thin geologic layer in the advance towards domination.
Bitcoin price will surge at some point, and neither regulations, institutions, governance or whatever other deluded mass-marketed socialist businesses will have anything to do with it, ever.
A decentralized exchange could do more for Bitcoin than a regulated exchange. I'd rather use a decentralized exchange and trust nobody with my Bitcoins than use some regulated exchange that requires KYC, fingerprint samples, blood samples, and an iris scan just to register. There are masses of people who don't trust the unregulated exchanges, but don't want to go through KYC to use fully regulated ones.
decentralized exchange sorta already exist, it is called localbitcoin..
+bitcoin ATMs poping up everywhere like shrooms in autumn.
1491.
Post 12692164 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
+bitcoin ATMs poping up everywhere like shrooms in autumn.
Like shrooms that try to viciously rape you, that is. Have you seen the fees?
their blessed of a
local decentralized service is sustainable this way, so it is good enough for me.
+ any local fiat exchange sets higher fees due to the immediate service they operate.
bitcoin is precious.
its price derived from top 5 bitcoin centralized exchanges is mostly IOUs within their offchain records until you withdraw them. + there is always the risk of being GOXed, marked by Govs, etc..
also imho the price these centralized internet exchanges (conflated with insider trading and robots) set is irrelevant considering the low volume (
https://bitcoinity.org/markets/list?currency=ALL&span=24h ) compared with 13M bitcoins actually in circulation.
if you are a big fish, there is always bitcoin-otc, wot and other 'safe' measures to get some (whilst you can)
1492.
Post 12692293 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
... if you are a big fish, there is always bitcoin-otc, wot and other 'safe' measures to get some (whilst you can)
And also that huge US Marshalls auction coming up...
hmyea no. i wouldnt touch these FBI tainted coins even if they'd be sold half the price for.
1493.
Post 12692330 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
... if you are a big fish, there is always bitcoin-otc, wot and other 'safe' measures to get some (whilst you can)
And also that huge US Marshalls auction coming up...
hmyea no. i wouldnt touch these FBI tainted coins even if they'd be sold half the price for.
Because bitcoin not fungible
because most (smart) people just hold
1494.
Post 12692510 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.27h):
... if you are a big fish, there is always bitcoin-otc, wot and other 'safe' measures to get some (whilst you can)
And also that huge US Marshalls auction coming up...
hmyea no. i wouldnt touch these FBI tainted coins even if they'd be sold half the price for.
Because bitcoin not fungible
because most (smart) people just hold
When you say 'smart,' do you mean 'desperately lying to unload worthless bag, not caring who they hurt,' or 'stark-raving mad'?
hum not sure what is to unload since they'd be holding. stark raving mad? maybe.. ^^
anyway, bitcoin is not meant to transact with but rather just a safe haven for your savings, which is cryptographically secured by a 1/2 Exahash network as of now.
i would'nt care less about coupla centralized internet KYCer and regulated businesses parasites/scams/ponzi/unsecured/etc.
seriously, how fool it is to mimic the very same business models that led the financial world to the huge fraud it is now.
they are irrelevant if not totally doomed. so i think i'll pass. tyvm.
1495.
Post 12694032 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
1496.
Post 12699381 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
seems the 256-258 resistance is holding well..
1497.
Post 12714663 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
KnC seems to be "selling" some of their mined coins in the form of the XBT Tracker One Electronically Traded Notes. Those are issued through NASDAQ Sweden by a company somehow connected to them. As I understand it, KnC keeps the bitcoins and sell IOUs that promise to pay the holder whatever the current BTC price will be at the time.
Throughout history, every time someone keeps the assets and trades warehouse receipts for that asset (I.O.Us), the IOUs multiply faster that the assets that back them up. It's Why Nixon was forced to abandon the Gold Standard in 1972. It's why Gox closed.
But before that happens, the I.O.U.s have the effect of increasing the apparent money supply, leading to lower purchasing power per unit currency. Inflation.
gox closed because the USG froze their accounts. (and because MK is awesome)
1498.
Post 12722171 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
so apprently i missed some big shit in my inactivity the last couple months...
bitcoin xt? satoshi actually posting something on the dev mailing list? wow.
and here the price action is going all interesting places.
interesting times indeed.
Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.
no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.
in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.
1499.
Post 12722507 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
so apprently i missed some big shit in my inactivity the last couple months...
bitcoin xt? satoshi actually posting something on the dev mailing list? wow.
and here the price action is going all interesting places.
interesting times indeed.
Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.
no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.
in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.
It was fucking bullshit. The language and syntax were completely different from anything we know Satoshi wrote. The argument was bogus too. The blocksize limit does not improve security. It does not stop spam. It makes the network less vulnerable to one type of spam and more vulnerable to another type. The other argument was equally bad. Core devs are not gods. Consensus is not only not always possible. It's not always even desirable.
It should be clear by now that we are the victims of a Rough Consensus Attack. Satoshi designed an electronic cash system, not some bulletproof digital settlement system. Bitcoin cannot give power to the people if it is inaccessible to the people. Security is an important feature, but so is usability. If it doesn't scale, then it can't remain distributed and decentralized. We can't take on the banks with a network that is only useful to banks. These are disingenuous arguments used by people arguing in bad faith.
heh, thx for yet again sharing the light as to what a total brain damaged victimized whatnot would say.
how's your XTurd doing btw?
1500.
Post 12722575 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
so apprently i missed some big shit in my inactivity the last couple months...
bitcoin xt? satoshi actually posting something on the dev mailing list? wow.
and here the price action is going all interesting places.
interesting times indeed.
Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.
no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.
in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.
Of course you and gmaxwell thought so.
But for the rest of us it looks a bit silly that either satoshi or the guy/girl hacking his account used satoshis authority to thrash xt at the same time as he/she asks people not to be swayed by authority.
The person who wrote that PoS must be an idiot. I hope it's not Satoshi. I'd like to think he is smarter than that.
funny how the XTards praising on satoshi's 3 worded 'vision' from its WP to bloat the blockchain with their coffee tips can't help but continuously reject the last email because it does not fit their twisted little minds.
yet nobody knows if it is him, and he certainly does not have to gpg verify jack shit for you noobs to blindly flock around like the daddy issues wannabes you all seems to be.
1501.
Post 12722719 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
so apprently i missed some big shit in my inactivity the last couple months...
bitcoin xt? satoshi actually posting something on the dev mailing list? wow.
and here the price action is going all interesting places.
interesting times indeed.
Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.
no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.
in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.
Of course you and gmaxwell thought so.
But for the rest of us it looks a bit silly that either satoshi or the guy/girl hacking his account used satoshis authority to thrash xt at the same time as he/she asks people not to be swayed by authority.
The person who wrote that PoS must be an idiot. I hope it's not Satoshi. I'd like to think he is smarter than that.
funny how the XTards praising on satoshi's 3 worded 'vision' from its WP to bloat the blockchain with their coffee tips can't help but continuously reject the last email because it does not fit their twisted little minds.
yet nobody knows if it is him, and he certainly does not have to gpg verify jack shit for you noobs to blindly flock around like the daddy issues wannabes you all seems to be.
So you are completely blind to the inconsistency I pointed out?
Yes, I'm completely blind to your inconsistencies. Sry.
1502.
Post 12725771 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
By "us" you mean you and iCE? oh, I almost forgot the cuddly but distinctly more inept hdbuck.
+1 hdbuck has lost his marbles and seriously needs to take a break from this place. iCE isn't even worth energy to type those three characters.
aww why you no likee? im sorry if i get a little irritated by the constant fud of the large bl0ckers cultists and their inept economic views.
anyway BIP000 holding pretty strong
1503.
Post 12725814 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
...
1504.
Post 12726087 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
lol this edit, so you would not even present such evidence in the future?
also as per your vaillant bet, it is the fucking longest
VALID chain, you dishonest fucktard.
1505.
Post 12729800 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Could you link to the source for these. I think it would be an interesting article.
Sources? lel.
1506.
Post 12734849 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
i think we stuck at 265-270 until christmas
Not necessarily, but this is still much better than going down again. Let's hope that the price is going to hold a while at around $265. That would definitely be nice for a change.
the longer it stagnates, the more bears will wake up.
1507.
Post 12734876 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
i think we stuck at 265-270 until christmas
Not necessarily, but this is still much better than going down again. Let's hope that the price is going to hold a while at around $265. That would definitely be nice for a change.
the longer it stagnates, the more bears will wake up.
thats good, bear can fuel the next rally then
or at some point, better cash in some profits.
then business as usual: rinse and repeat.
1508.
Post 12746032 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Down a few dollars today and $266 is holding, just noise, not a dump.
in any case, its just profit.
1509.
Post 12746163 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
I believe Bitcoin will serve as Digital gold it will always be around since it was first.
Will we use BTC for day to day purchases? ....no.
We will use another blockchain based coin that is more common than BTC and less costly to mine
BTC will always carry that intrinsic value since it was first.
There is no purpose for bitcoin to be digital gold if another blockchain is widely used. That blockchain will turn out to be the true digital gold.
lel still havent laid off the crackpipe i see.
1510.
Post 12746292 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
I believe Bitcoin will serve as Digital gold it will always be around since it was first.
Will we use BTC for day to day purchases? ....no.
We will use another blockchain based coin that is more common than BTC and less costly to mine
BTC will always carry that intrinsic value since it was first.
There is no purpose for bitcoin to be digital gold if another blockchain is widely used. That blockchain will turn out to be the true digital gold.
lel still havent laid off the crackpipe i see.
Right. I still havent laid off reality. No one but a niche group cares about bitcoin "as is". Get used to that.
reality it is:
now who is the niche group again? ^^
oh you must be one of the banking/corporatist cheerleader gettin all wet and that for some smokey "blockchain technology".
eh anyway, giving you too much attention already.
1511.
Post 12746488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
A fake pump is a fake pump. No growth expected with small blocks.
Last I checked this is still being looked at by devs on a weekly basis, with another summit coming up in December. Every single one of them agrees on bigger blocks, now it's just a matter of which proposal gets implemented. It will happen. Why so glum?
I know this sounds paranoid, but I think there is a psyops campaign to prevent consensus. Small blockers are not making rational arguments. They say it's reckless to make big changes to a 4 billion dollar network, but then they want to wait and take their time to make sure their aren't major negative effects. So what are they going to say when it's a 20 billion dollar network?
Consensus itself is a potential central point of failure. I think that vulnerability is being exploited.
wow, just wow.
1512.
Post 12746630 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
1513.
Post 12748594 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
1514.
Post 12750197 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Ohhhh, shhhhiiiiii...
But seriously tarmi... what is the ultimate reason for your pessimistic views on the value of bitcoin? You have to have something figured up in your head that gives you a reasoning for your hard views. If you're so sure that bitcoin is going to tank to $60, then please enlighten us as to why. Especially since there are more and more businesses and companies accepting, mining, exchanging bitcoins... ?
I didn't say that it will tank to 60 $, just that it did tank to 60 after the first bubble (I think the lowest was 50), but I got in at 60. There is a great support there, btw, and I think that in the worst case scenario that support might get tested again during the final capitulation.
now, about businesses and companies accepting bitcoins, that's actually bearish cause merchants don't keep their coins. I would not worry about that anyway because nobody is actually spending the coins except for early adopters and gamblers. there is no incentive to spend them. and miners, well, they have to pay their electricity bills.
I am pessimistic because I don't see the fundamentals for
a new bubble sustainable growth. the ongoing discussion about small vs big blocks shows that not even the devs and early adopters know where to go from this point with the blockchain.
ever consider hoard, sit back and relax, til' worldwide dollar/debt big ponzi scheme gets nasty?
1515.
Post 12750418 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Ohhhh, shhhhiiiiii...
But seriously tarmi... what is the ultimate reason for your pessimistic views on the value of bitcoin? You have to have something figured up in your head that gives you a reasoning for your hard views. If you're so sure that bitcoin is going to tank to $60, then please enlighten us as to why. Especially since there are more and more businesses and companies accepting, mining, exchanging bitcoins... ?
I didn't say that it will tank to 60 $, just that it did tank to 60 after the first bubble (I think the lowest was 50), but I got in at 60. There is a great support there, btw, and I think that in the worst case scenario that support might get tested again during the final capitulation.
now, about businesses and companies accepting bitcoins, that's actually bearish cause merchants don't keep their coins. I would not worry about that anyway because nobody is actually spending the coins except for early adopters and gamblers. there is no incentive to spend them. and miners, well, they have to pay their electricity bills.
I am pessimistic because I don't see the fundamentals for
a new bubble sustainable growth. the ongoing discussion about small vs big blocks shows that not even the devs and early adopters know where to go from this point with the blockchain.
ever consider hoard, sit back and relax, til' worldwide dollar/debt big ponzi scheme gets nasty?
It's a chicken and egg problem. Without assurance that the network will scale, we have to assume it won't (until more information causes us to change our assumptions). So worldwide economic system goes into a severe depression. This may be inflationary or DEFLATIONARY. Without active Central Bank intervention, it will be deflationary (the money multiplier goes into reverse) meaning instead of a bunch of rapidly devaluing dollars, everybody has no dollars at all. In that scenario, Bitcoin may be useful for
evading capital controls,
protection against depositor bail-ins, etc, but NOT as a hedge on non-existent inflation.
If there is runaway inflation/hyperinflation, Bitcoin may be useful for
evading PRICE controls and as an inflation hedge.
The problem is that even assuming one of these scenarios takes place (a safe assumption IMHO), the network would crash with the extra transaction load. We're not talking about a doubling of transactions. We're talking about a doubling EVERY WEEK. Even if one of these scaling solutions is implemented, transaction capacity could easily still be exceeded. There is no way currently to deal with a problem of that magnitude short of removing the blocksize limit altogether.
If another cryptocoin scales better, people will be essentially forced to use it instead and they would have no reason to ever switch back because the altcoin core devs can simply copy any code improvements Bitcoin adopts to compete. Miners who switch also would have to reason to switch back because hashpower makes a network more secure which causes demand for coins to go up which makes mining more profitable which brings in more miners and hashpower in a virtuous cycle. Once the initiative and momentum are lost, it's lost forever. reference AOL, MySpace, etc.
Citing coupla early internet
fail of a corporations does not make your argument much better. surely by some time bitpay et al. could implode.
1516.
Post 12750495 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
It's a chicken and egg problem. Without assurance that the network will scale, we have to assume it won't (until more information causes us to change our assumptions). So worldwide economic system goes into a severe depression. This may be inflationary or DEFLATIONARY. Without active Central Bank intervention, it will be deflationary (the money multiplier goes into reverse) meaning instead of a bunch of rapidly devaluing dollars, everybody has no dollars at all. In that scenario, Bitcoin may be useful for evading capital controls, protection against depositor bail-ins, etc, but NOT as a hedge on non-existent inflation.
If there is runaway inflation/hyperinflation, Bitcoin may be useful for evading PRICE controls and as an inflation hedge.
The problem is that even assuming one of these scenarios takes place (a safe assumption IMHO), the network would crash with the extra transaction load. We're not talking about a doubling of transactions. We're talking about a doubling EVERY WEEK. Even if one of these scaling solutions is implemented, transaction capacity could easily still be exceeded. There is no way currently to deal with a problem of that magnitude short of removing the blocksize limit altogether.
If another cryptocoin scales better, people will be essentially forced to use it instead and they would have no reason to ever switch back because the altcoin core devs can simply copy any code improvements Bitcoin adopts to compete. Miners who switch also would have to reason to switch back because hashpower makes a network more secure which causes demand for coins to go up which makes mining more profitable which brings in more miners and hashpower in a virtuous cycle. Once the initiative and momentum are lost, it's lost forever. reference AOL, MySpace, etc.
Citing coupla early internet
fail of a corporations does not make your argument much better. surely by some time bitpay et al. could implode.
Management that is in denial and slow to react to changing situations on the ground is the issue. It's very relevant.
there is no 'management' in bitcoin. only numbers and lulz.
ps: to 'protect' and 'evade', you no need nor abruptly create loads of instant-free transactions and by some biblical mainstream epiphany.
1517.
Post 12753222 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Whoever is running this psyops divide-and-conquer blocksize consensus attack has one of two probable motives:
1) Want Bitcoin to crash, price crashes with it, they buy up BTC for pennies and then run a counter psyops campaign to get all the core devs to group hug.
2) Want bitcoin to crash so they can introduce a competing altcoin that they've premined or have some other way of profiting from, perhaps just from being early adopters.
Bitcoin's going to crash if the blocksize isn't raised. In the event of an economic catastrophe, nobody will care about xaction fees. they will stampede using Bitcoin as an escape from FIAT hell until the exit gets jammed with bodies.
https://en.wikipedia.org/wiki/Normalcy_biasDid you ever stop to think that some of us have legitimate concerns about the existing proposals to raise the block size?
I already have certain difficulties running a full node (if I don't change some settings to gimp it, it will often happily consume enough of my bandwidth to bring other internet uses to a crawl) and I have dedicated hardware and top tier home internet speeds.
There is no ulterior motive here. I don't plan to modify my Bitcoin holdings regardless of the exchange rate (I don't speculate at all, ever).
I am what I would consider a Bitcoin fanatic. Beyond the idealistic reasons that I choose to use Bitcoin, I have plenty to lose (financially) if Bitcoin drops in value (and plenty to gain if it increases in value). If I am concerned about my ability (as a Bitcoin fanatic) to run a full node with the current anti-spam (has spam been fixed by the way?) 1MB block size limit in place, what is going to happen when the data I need to share with my peers doubles (or increases 8-fold, wtf!)? When Bitcoin fanatics have doubts about running a full node, I would imagine that the robustness of the decentralized network has been harmed.
Yes, I am of the opinion that I absolutely must run a full node to take full advantage of Bitcoin.
So, before we take the training wheels off the software, perhaps we should take a long hard look at network efficiency (and that fucking miserable database).
In order for Bitcoin to provide us with censorship-proof transactions, it needs to function (and function well) in situations where Bitcoin data is difficult to share. This task obviously becomes more difficult when the amount of data to be shared is increased! Call me crazy, but I won't be happy until the Bitcoin network is running smoothly on a worldwide distributed wireless mesh network (this is what I think needs to happen in order to keep Bitcoin transactions censorship-proof).
What you call a "psyops divide-and-conquer blocksize consensus attack", I call genuine disagreement (and after reading this forum for the past few month, possible inability to reach agreement).
I've used Bitcoin for going on five years now and I can count the number of transactions I've made on my fingers and toes. Every transaction does not need to be censorship-proof in a world where censorship-proof transactions exist.
It wouldn't be an effective attack unless there was genuine disagreement to exacerbate. The shrinking number of nodes could be easily fixed by borrowing a trick from our Proof of Stake friends: Take some fraction of the block reward away from the miners and distribute it to full node operators. Small miners already running nodes would be largely unaffected. Pool miners would take a little hit, but that's a good thing, right? Pools are a threat to decentralization, aren't they?
I've been in Bitcoin since 2011 also, and I quit running a full node, but since this bear market dragged on so long, I've been forced to arbitrage my coins just to generate some income. This means my transactions on the chain have gone up by a factor of 50. None of these transactions are dust.
If Bitcoin reaches escape velocity, blockchain traffic will get exponentially higher. It doesn't matter if sidechains are used or not. It doesn't matter if fees go up to $10/xaction. If we go from a million active users to a Billion, we could reduce on chain transactions by 90% and still have well over 100X the current xaction volume.
Even 1% of current worldwide Western Union and Moneygram, and international wire transfers would far exceed our current 7TPS cap. This doesn't count ACH and SWIFT xfers, credit cards, PayPal, or any other payment processors.
The blockchain is also used for colored coin xactions which you may or may not consider dust, but if we get even 1% of the volume of NASDAQ, NYSE, and other stock, bond, commodity, and derrivatives market traffic--even just settlements between exchanges--it would swamp Bitcoin.
The block chain is also used for other time stamp operations and these would increase in volume also.
There is NO WAY a mainstream Bitcoin can remain even a symbolic peer-to-peer network without increasing transaction capacity.
if miners really cared about the falling number of nodes, they would support proposals to give up part of their block reward to full node operators. Until they do that, the only plausible explanation for resisting blocksize increases is GREED. You want the price to go up? Give investors more for their money. Give them a network that is more useful. If Bitcoin doesn't, some altcoin will.
The sheeple & bitcoin (from:
https://archive.is/7dX46)
Lets face it most of the public don't give a shit about the correct terminology of Fiat, Crypto or Gold.
What they care about is money! you know the stuff that buys food beer and pays the goddamn bills.
Let's be honest this sub does not represent the demographic breakdown of the mainstream public, it's full of geeks, smart arses and libertarians, the rest are shills and trolls employed by the "MAN" to throw a spanner in the works to fuck this crypto shit up.
The so called sheeple are busy watching the latest soap opera or some vacuous Kardashian related shite.
If not the Oscars or some Z Celebrity, they're engrossed by the latest "Demockery" rigged voting competition, misguidedly thinking that their vote somehow counts lol
.
Before I forget,.... those who express philanthropic tendencies, and wish to empower the unbanked around the world, very noble ..but lets be real.. most of you don't give a flying fuck about them really!, it's just a good line to drop when your real motive gets exposed.
The first priority of most sheeple in the western world is to find somewhere to live, and that might involve getting a mortgage or renting with bank controlled fiat.
Once you sign the dotted line you are subject to the "TAX!" that they will enforce with their guns and corrupt criminal police force.
As for the people of the so called third world, their first priority is food, dodging bullets and bombs, that the sheeple of the first world empowered their sociopathic leaders to manufacture for profit, to drop on the innocent and disenfranchised in the so called third world.
If you want Bitcoin to make a difference, "HOARD" it and "SAVE" it or "HOLD" it or "HODL" it.
"I know, I know" many people say you should just use it, get real! you don't walk around with a Gold Bar all the time, do you?
For christ sake! stop trying to copy banks, you have the power to get the price of each Bitcoin to $5,000 at least, and watch the tsunami of so called mainstream adopters.
Unpalatable as it sounds "Greed"! is the catalyst, you're fortunate as early adopters, and it's your duty! to get BTC above the price of Gold, and watch the fiat ivory towers collapse.
TLDR;; HODL!
I dont oppose scaling.
Just in due time, with actual metrics, with proper researches and solutions that does not hamper the universality and inalienability of the network, not at the expense of decentralization and censorship resistance, not to hand bitcoin to big corps, whether it be payment processors or mining consortiums, etc etc... and no, i am certainly not craving some "governance" besides bitcoin's own rule, which are meant to be HARD, if not impossible to change.
95% consensus is hard to get, that is why bitcoin will always be n°1, because you cant brainwash as much people with false socialist hopes and silicon unicorns. Because it is already spreading in the wild (and beyond the tiny weeny reddit and btct sphere).
SO yes, I certainly oppose arbitrarily raising a limit that has been set up to prevent spam attacks.
You can always repeat ad nauseum that "Bitcoin's going to crash if the blocksize isn't raised", to me it just shows how misinformed and gullible you are.
Not reconcilable? please, i've come to think the sooner you and your alike fork off to some "infinite-Zomg-ecofriendly-POS-blockchain-technology-3.0-VISAmimic" the better, and bitcoin could finally resume its progression towards domination and with no concessions whatsoever.
1518.
Post 12753371 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
greed is essential.
I mean the stupid kind of greed that would rather take a bigger slice of a smaller pie.
Which would you prefer, 100% block reward of a $300 coin or 80% of the block reward of $1,000 coin, giving the rest to full node operators.
The same argument applies if you increase blocksize. The cost of mining a bigger block is lower than the increased value to the network, which will likely make the coins more useful and valuable.
the stupid kind of greed you refer to is the one that pushes people favoring some crippling short term solutions (to an inexistant problem btw) whilst neglecting the sanity and inalienability of bitcoin's core system.
in other words, being some corporatist bitchez, some mainstream whatnot wannabe.
i'm not even sure you understand what you are talking about when trying at conciliate bitcoin price with block rewards ventilation.
1519.
Post 12753652 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
"I know, I know" many people say you should just use it, get real! you don't walk around with a Gold Bar all the time, do you?
No, but have you seen the price of gold in the last few years? It's stagnant at best. Gold is rarely used as money because of high transaction fees.
lol gold? everybody knows it is being manipulated to sustain the petrodollardebt ponzi..
I dont oppose scaling.
Just in due time, with actual metrics, with proper researches and solutions that does not hamper the universality and inalienability of the network, not at the expense of decentralization and censorship resistance, not to hand bitcoin to big corps, whether it be payment processors or mining consortiums, etc etc... and no, i am certainly not craving some "governance" besides bitcoin's own rule, which are meant to be HARD, if not impossible to change.
So how fucking long is "due time"? You've had YEARS to address this problem, knowing it was coming. You don't think a TWO YEAR bear market has anything to do with the obstinacy of you and your ilk?
If you choke out the payment processors, you choke out yourself. Censorship resistance is limited by limiting the on and off ramps. If you make Bitcoin only useful for criminals, you will bring the entire weight of the establishment down on us.
Bitcoin is open source. Anyone can copy and modify the code. The ONLY thing that prevents our bankster competition from eating our lunch is our first mover advantage. They have near infinite resources to bring to bear. Coinbase, Circle, Bitpay, etc can switch crytocoins at the snap of the fingers. If we lose momentum, it's game over. Game fucking over, Man.
There can be only one reserve currency. There can be only one most marketable commodity. The whole point of money is to eliminate the need for a double coincidence of wants when we barter.
Your time is fucking running out, so get on the goddamn stick, you slow ass-dragging motherfuckers. You won't know it's too late until it's too late.
errr i dont even, sry but this gibberish nonsense completely lacks balance and my bullshitometer is ATH.
let coinbase bitpay et al. crash with their copypaste of a fraudulent business and their regulations, surely some other MtGOX scandals will happen too.
but bitcoin does not need them, it is them who need bitcoin to scam the shit outta you.
or please as i said before, do flock to some other "blockchain technology"... leaving will allow other people in, pushing scaling issues even further down the road.
time is precious,
hoarding bitcoin implies you have plenty since by doing so you
trust it will never fade out as it is and will probably last longer than you.
banks otoh...
1520.
Post 12753763 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
in other nyooz
1521.
Post 12753931 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
@billyboy bitcoin is trust. You should redirect your juvenil crave for improvements towards Apple and Google. The new iPhone is out, maybe spend some of your few Bitcoins to buy one...
1522.
Post 12754970 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
institutional investor = more than 20 k of coins. that's not wall street level, but mom's basement.
institutional investor already have the ~10 million coins that are not on internet exchanges.
no need pumping, just holding. bots and noobs do the rest.
1523.
Post 12756507 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.28h):
Interesting. So Coinbase, Bitpay, And Ripple Labs are working together?
sure, with goldman sachs too..
1524.
Post 12800157 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
double top.
1525.
Post 12801868 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
finex did not even reach 300.. big 3k wall there now.
putting some shorts on, see you at 280.
1526.
Post 12813392 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
This place could be so cruel at times. Particularly cruel when moon-hopes get shattered, and the ground is littered with shards of your broken dreams.
At times like this, it just don't even seem like you guys are my friends...
Goodbye!
"Sometimes... dead is better"
1527.
Post 12814083 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
1528.
Post 12814105 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
ETHEREUM MICROSOFT PARTNERSHIP CONFIRMED : reason BTC PRICE RISING!!!!
No.
remember, circle, ripple, and bitcoin integrated in Microsoft Wallet (Outlook) ?
all fail.
who the hell would send cryptos via outlook?
who the hell would send
bitcoins? and via outlook??
these
guys corporatists are chasing a rabbit i tell ya.
1529.
Post 12814162 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
@aztecminer
you went mia for
monthsdays just to come back super butt hurt when btc broke 300$?
problem for me is i have been butthurt for months now... i been talking trash about bitcoin for months now. and i am going to continue to talk trash... when mofos try to get even with me cuz they are mad cuz i will kick their ass for wronging me then we get into a boxing match... this is about being WRONGED. that is why i am being a total biatch and refuse to stop being a total biatch... check this out what i wrote before so far:
BITCOIN PROBLEMS:
TL;DR
1530.
Post 12814284 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
@aztecminer
you went mia for
monthsdays just to come back super butt hurt when btc broke 300$?
problem for me is i have been butthurt for months now... i been talking trash about bitcoin for months now. and i am going to continue to talk trash... when mofos try to get even with me cuz they are mad cuz i will kick their ass for wronging me then we get into a boxing match... this is about being WRONGED. that is why i am being a total biatch and refuse to stop being a total biatch... check this out what i wrote before so far:
BITCOIN PROBLEMS:
TL;DR
ya know... i could whip out a mini-book and drop it for FREE .. literally within weeks.... explain all that i have learned about bitcoin.
sure, the little brain fucking cargo cult you got there running at bitco.in seems to have unsubstantiated side effects.
the charlatan petree R and his scam of an acolyte frapdoc must have been good
at it.
gigglegiggling
1531.
Post 12814603 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
ETHEREUM MICROSOFT PARTNERSHIP CONFIRMED : reason BTC PRICE RISING!!!!
Ethereum it isnt btc, should be other reason
Need to buy BTC, to purchase ETH.
and just like that, they got ya bitcoins..
1532.
Post 12821927 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
The rise in the dollar price is impressive considering the dollar has also risen in the past few days.
not really... it s federal marshal's auction pump.. and who do we think is pumping it ?? i'm holding my mined coins so they can pump this as much as they want.. i'm still making money .. however, i am heavily, and i mean absolutely heavily inspired when i am butthurt. punishing me only makes me more resolved .. i been heavily inspired to write about this in my new book i am about to drop. when the federal govy pumps bitcoin to make more money from the bitcoins they confiscated yet ignore catastrophes then i think we have a problem .
If you believe that the fed govt is pumping this price, NOT only are you butt hurt, you are also delusional.
You can still buy and get in for under $320, which will be considered a bargain.....
pumping bitcoin for marshal's auction would be a typical obama strategy..... huge money grab... just like 2014 and 2015 taxes were record breakers.. just like obamacare is a huge money grab that is now failing miserably. when u look at the past every single thing obama has done has backfired.. obamacare is now a huge mess with people dropping out not paying their premiums because they have no money cuz they are being taxed outrageously high taxes,
i am NOT going to buy at 300+. as i said before I have more coins in cold storage than i have cash to buy more on the exchange.. if i buy at 300+ then the price will drop and i will lose.. i been down this road before.. instead, i will just become the enemy i have been turned into .. i'm not going to cooperate because this is not the first time this happen. this is the second time.. we didnt get evened up for the first time so we are doubling down.. should NOT have blocked my buy with that massive buy wall. that buy wall that blocked my buy is what i am upset about... and that buy wall was a bitfinex buy wall. i'm not going to make this easy and jump in at a higher price. i will just box. we'll get evened up eventually. shoulda just let me get my buy in when we were down there. thats all i was asking for. let me get my buy in. .. that did not happen because bitfinex put up a 5000 bitcoin buy wall right where my buy in was at.
Aztec, You really need to work on your ability to think critically and analytically.
And, for the love of all that is holy, don't buy a gun!!!
i work in the gun industry... and i disagree with u. i think once you stop brushing your teeth with fluoride u will gain more use of your brain organ and your vision will clear and you will see through all the bs.. not to mention removing a leading cause of cancer out of your life by not absorbing fluoride into your blood stream under your tongue every morning ... your like someone who believes everything the mainstream media tells you to believe on tv.. we couldnt even get this high when greece and the entire world was on the brink of economic collapse and your trying to claim this rise in price is cuz.. just because. you guys cant even come up with a good reason. best one i seen yet was cuz microsoft chose eutherium or whatever its called.. talk about grasping for straws.
greece did not collapse, and as speculated in bitmovements, the real buying pressure from greece was expected to be months after the fact, bitcoin isn't yet a safe haven or trusted store of value, you can't expect poeple who never heard of bitcoin to learn about it and rush in, if you learn about bitcoin for the first time and like it, i think it could easily take 3 months for you to actually be ready and willing to buy some. also BTW we hit slightly higher on the greek news we hit 320. I think the rise on the initial news of greece was bitcoiner speculating and now this rise is in part due to new greek buying.
"bitcoin isn't yet a safe haven or trusted store of value"
^don't your read Chinese newspapers?! ;-) ~ $500 BTC street value in some parts of China!!!! weeeeeeee
ayy, shame on you adam, bitcoin is THE safe haven.
It is not because the sheeples along with the
instacoffeetippers ph0rkers do not get it that it is not a trusted store of value either.
1/2 exahash network enabling
bulletsupercomputerproof security hellowww
1533.
Post 12822595 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
1534.
Post 12822611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
1535.
Post 12822627 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
Wow some bear just went full retard on finex!
Time to squeeze them shorts??
15k dump for roughly a 7$ spread.
1536.
Post 12822943 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
1537.
Post 12828260 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
this is topless!
1538.
Post 12828388 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.29h):
1539.
Post 12832018 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
1540.
Post 12832208 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
Duh they say bitcoin is the new US $
I didn't read the article, but this alleged quote was posted on another forum:
Bitcoin itself may never be more than a curiosity. However blockchains have a host of other uses because they meet the need for a trustworthy record, something vital for transactions of every sort.
blah blah bluh.. of course they aint going to promote bitcoin..
first they laught, then they ignore, then you win..
1541.
Post 12832267 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
And you think the corrupted people who rule the planet will use something like a decentralize blockchain? lol
Bitcoin will eat them...
Why not? A one world currency that is public and traceable? Isn't this what they've always wanted?
except for the "distributed & P2P" part, enabling high degree of security.. the blockchainz the banksters are promoting are nothing compared with bitcoin, in terms of security, decentralization, and TRUST.
and if the sheeple already dont care/get the advantages of bitcoin.. they are likely not going to like what papas rotshild & rockfeller has for them, once they start suppressing cash and enables bails in.
1542.
Post 12832611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
And you think the corrupted people who rule the planet will use something like a decentralize blockchain? lol
Bitcoin will eat them...
Why not? A one world currency that is public and traceable? Isn't this what they've always wanted?
except for the "distributed & P2P" part, enabling high degree of security.. the blockchainz the banksters are promoting are nothing compared with bitcoin, in terms of security, decentralization, and TRUST.
and if the sheeple already dont care/get the advantages of bitcoin.. they are likely not going to like what papas rotshild & rockfeller has for them, once they start suppressing cash and enables bails in.
Bitcoin requires no ID and KYC documents to sign up for an account, and that's why I like it. A bank crypto coin account would probably require exactly the same documents you need to sign up for a regular bank account, and take as long. You can instantly create a new Bitcoin address and immediately use it, that will be what propels Bitcoin into the mainstream.
hmm sure.
But again, the only reason a shared database would be tamper proof is because miners are incentivized to protect it by competing for new tokens and transaction fees. They wont do this unless the tokens also carry a financial value.. and there go your virtuous circle: the more value your tokens carry, the stronger your mining network, and the more tamper proof your blockchain.
else its just one other centralized scam a la ripple or eth.
debunking the "college graduate" economist article:
https://medium.com/@pablosanzo/you-re-getting-it-wrong-d113c83f7eff#.mf6q5kb99
1543.
Post 12833762 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
1544.
Post 12839909 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
1545.
Post 12851850 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
Yup, 316. Just a question of time.
Prepare Pepper.
ftfy
1546.
Post 12858545 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
lel if anything, he is just a noisy little princess.
core rulez!!1
1547.
Post 12860094 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
This is not a reasoned response. Just one example:
"The Scaling Bitcoins conferences are not specifically about blocksize, but about how to scale bitcoin efficiently and without risk."
ALL change carries a certain amount of risk. To claim that NO risk is the standard, then you are advocating NO CHANGE just as Mike Hearn has claimed.
The relevant issue is whether or not the risk of increasing blocksize outweighs the risk of not doing so. The risk of waiting vs. the risk of acting in a timely manner. You should get the idea.
you know nothing about risk, just the coupla dollars you 'invest' on btc when it was ath.
1548.
Post 12862403 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
If Core can't find a way to scale the network with a reasonable amount of safety and security in TWO YEARS, then they are incompetent and need to make way for better developers.
How much time is a reasonable amount of time for you? I really want to know. Give me an actual number.
That is a pretty bold statement about solving a non-trivial computer science problem. I'm sure your patches will be accepted if you have a solution.
I think the problem is that you
assume that increasing the blocksize fixes the problem.
I imagine a future where all manner of services that are currently ad-supported or subscription-based might instead be payed for with bitcoin microtransactions, seamlessly and transparently. There could be millions, or maybe even billions of transactions per day from all these page views/minutes of video/etc. - vastly more than even Visa handles at peak capacity. And add to that all the microtransactions that might be generated by devices on the Internet of Things, that none of us know the extent or nature of yet.
I don't see how increasing blocksize will handle this. Even data-center sized nodes may not be able to handle all those microtransactions.
I don't claim to know what the answer is, but I am pretty sure that block-size alone won't do it - and lurching down that path in a non-judicious way could lead to permanent problems that will be painful to work around in the long term, after a real solution is found.
I'm certain blocksize alone WON'T fix all scaling problems, but it would buy us time. All it would take right now is a doubling of transactions to crash the network. This problem was important, but now it's urgent as well. A doubling is well withing the realm of possibility in mere months and is approaching the probable.
Creating a market for transaction fees needs to happen AFTER we reach mainstream adoption or we will never reach it. Yahoo mail, Facebook, Google all knew not to monetize too early. That's why they're still around. I hope we'll be around when billions of cryto microtransactions becomes an issue.
I don't really think that the people resisting block-size increase are just interested in creating a transaction-fee market.
I don't work for Blockstream, nor am I a Core developer - but even I can see that there is potentially a heavy price to be paid (in terms of Bitcoin decentralization) if we rush head-long down the path of block-size for scaling - and this could turn out to be a mistake that can't be undone, AND one that does not really solve the problem in the long-term.
I don't see the urgency you do for raising blocksize
right now. Full blocks are still uncommon (except during "stress-tests").
We want users now, we plan to let them join in 3 months stalling block size growth because we dont want centralized nodes 20 years from now is damaging bitcoin - its myopic.
If we hit a growth spurt like in 2013 well see a minimum of 10X transaction growth and the fee pressure will increase disproportionately, limited transaction volume will push
feed over $1.00 in value for the smallest transactions. Fees will kill the competitive advantage bitcoin is offering.
small blockests think the fee should be around $7.
We the users are paying for low fees by subsidizing miners with inflation of 25BTC every 10 minus. we need economics of scale - more users to reduce fess as inflation subsidies diminish. Centralization is a concern, but we have 90% of nodes running centralized code the number is actually irrelevant when the code changes are controlled by a centralized few who believe bitcoin can't scale and want to change it to accommodate off block chain transactions.
there is no we.
you are just as ignorant as one of them hobo hanging around with a "the end is near" panel around his neck.
such a clueless pathetic nobody.
also, for the millionth time, increasing the blocksize will not bring moar people to bitcoin.
seriously, what logic is this? you brain dead XT zombie.
we are all here cheering about the price surge, yet the only ones coming around with their fud and conjectures are the XTards, Mikey Hearn doing the dumbest blogpost ever, with all the tears and butthurt he is filled with.
so fork off man, just do it since you are so smart.. then you'll see what consensus and economic majority really means.
1549.
Post 12866360 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.30h):
also, for the millionth time, increasing the blocksize will not bring moar people to bitcoin.
who said it would?
the fear of the people in favor of a blocksize increase is that
keeping it at 1MB will drive people away once blocks become full.
them forkers said so.. repeatedly.
and please, be my guest if you are afraid of 1MB not being even half full on average by now. seems like the perfect timing to get out whilst you can, maybe go eth??!...
anyway, i'd argue that what is most likely to drive people (the people that actually 'bought in', not the futuristic mass sheeples) away is precipitation, untested conjectures, and abhorrent simplification of a non issue to fix something that is not broken whilst breaking the decentralized P2P consensus model bitcoin relies on.
you are free to buy whatever altcoin you want, run whatever client, just stop spreading fud and lies in order to get your agenda/vision highjacking bitcoin.
and choochoo mofo! im not transacting an inch now.. this is how bitcoin works best. rising and holding.
1550.
Post 12869499 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
Heh no point buying moar at this point.
Time for profit purging.
1551.
Post 12872659 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
http://fiatleak.com/ been running for 30min now, and the coins are 4x times more flowing into USA than in china?!
blyhte masters? yanet yellen? wtf is this?
1552.
Post 12873502 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1553.
Post 12874061 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
yummy
lol
fuckyea!
1554.
Post 12875122 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
Calling large miners centralized is like saying Kenya rigs the Boston Marathon. Bitcoin needs to be competitive. Should they limit the run to only white middle-class factory workers from Peoria? Watching them drop dead from heart attacks wouldn't be much fun, nor does watching blocks take days to process and get dropped. You can't make rules that exclude people because they are good at what they do.
"This forum is comatose"
Lulz.
Looks like the bitco.in forum exiles are back in full force.
Go back to your ad hominem thread instead of destroying this thread.
You wouldn't be trying to censor me now would you
fascist!
1555.
Post 12875154 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1556.
Post 12875296 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
What exactly happened? The 2-3 giant mining operations who accounted for a majority of GHash's power dispersed into different mining pools so as to camouflage their actual share of the network and give the appearance of decentralization?
Are you suggesting protocol level changes to combat this? Economies of scale guarantee there will be a relative level of centralization in mining.
I'm not. Too be fair I'm not too concerned with miners centralization but it's another thing to pretend that things are all jolly and there's no consolidation going on behind the scenes.
if the miners go rogue or gets too much power in a disruptive way, trust in the network will dissipate and everybody looses..
and especially them who has spend millions building top notch infrastructures.
1557.
Post 12875351 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
What exactly happened? The 2-3 giant mining operations who accounted for a majority of GHash's power dispersed into different mining pools so as to camouflage their actual share of the network and give the appearance of decentralization?
Are you suggesting protocol level changes to combat this? Economies of scale guarantee there will be a relative level of centralization in mining.
I'm not. Too be fair I'm not too concerned with miners centralization but it's another thing to pretend that things are all jolly and there's no consolidation going on behind the scenes.
if the miners go rogue or gets too much power in a disruptive way, trust in the network will dissipate and everybody looses..
and especially them who has spend millions building top notch infrastructures.
Absolutely agree with that. To be clear: I'm not concerned with miner's centralization under current parameters.
Leaving them decision power over block size is just begging to fuck shit up and skew the incentives.
imo that's just part of the game. it's all smoke and distraction..
until well.. someone feeling the urge to transact now? buying a coffee maybe?
1558.
Post 12875407 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
this shorter is going all in
What shorter? There's only 9300 BTC swaps on BFX. It's just a seller.
BTW, thanks bulls. I just made so much money shorting today, that I can dump again if you wanna take another swipe at $420.
So you opened you're just when exactly? When we busted through 380? 400?
I call BS
I started shorting @ $399 and kept shorting the whole way up. I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again. I also transferred in some coins I was using for arbitrage just so I have some extra margin.
Try it again, Bulls. I double dare you. See if I'm bluffing.
dude you've really gone off the rails, sort yourself out.
first with all the big block crap and now this shorting shit ... you used to be a model bitcoiner, what happened to you?
Smallblockers happened to me. Scale or die.
[–]chinawat
I strongly believe the block size increase problem is already solved. An implementation exists right now and only needs adoption. Should a more popular solution arise in the meantime, that will be adopted instead, but BIP 101 is like Bitcoin itself, it can't be uninvented.
[–]Ant-n
Interresting point, I think your right,
(My anxiety level dropped a bit..)
[–]solex1
Yes. I think the Bitcoin ecosystem will move to a big-blocks version whether Core updates or not.
However, there would be a lot more price volatility and bad publicity the longer Core Dev continues with the "settlement layer" fantasy.
1559.
Post 12875446 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
[–]solex1
Yes. I think the Bitcoin ecosystem will move to a big-blocks version whether Core updates or not.
However, there would be a lot more price volatility and bad publicity the longer Core Dev continues with the "settlement layer" fantasy.
[/i]
Yeah we get it. We didn't reject it. We're "just not ready".
The Blockstream/core attack failed. Whether their implementation will be ready for the coming txs explosion or not is irrelevant.
agree, you are irrelevant.
1560.
Post 12875633 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
404 : WHALE NOT FOUND
#IMO
some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous
hands up! nobody moves!
1561.
Post 12879958 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
The thing that i dislike the most in here is that a of the people know that the final dump is about to happen (some big players already cashed out 2 times), but they keep praying on these newbies and feed them 'thousands of usd per Bitcoin' bullshit stories. The same people that you see in here talking about fairness, decentralized technologies and babbling about their hypocritical philosophies. Most could actually qualify to serve as great ponzi conductors.
actually the poor guy may just have missed dat train. bye.
1562.
Post 12880825 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
Order books are empty. No body moves, hands up dont shoot!
Only the few pumpers keeps it going, the only question being when they will take some profit.
1563.
Post 12882300 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1564.
Post 12882519 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1565.
Post 12882909 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
I am not in coins
So far for a "Legendary trader". Still waiting for that dump bro?
Well, yes I am. Unfortunately I promised myself never to chase a pump.
I was too late to this party so now I have to wait this one out...
really ... what if we are targetting 2k - 15k range?
That would be a fun story but not realistic in my opinion.
But hey, what do I know....
nobody knows, still its good to realise some profit whislt we're at it.
1566.
Post 12882975 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
Now where to set the buy orders...
440-470 at its current rate .... any correction will quickly get eaten up and likely recover in 30min to 1 hour . This volatility is very bad ... it reflects that bitcoin has reversed course and no longer becoming more stable year after year but still very immature and volatile ...
hopefully this will change in 1-5 years.
you crazy?
bitcoin is not the 'mature' pocket money you wanted it be.
deal with it.
1567.
Post 12883974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
alien spotted.
murica eh.
1568.
Post 12884058 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
no no no AAPL or WMT do not have the same potential as bitcoin.
AAPL is valued because Apple makes products that people want, so each share pays out dividends (or becomes a share of a bigger capital). AAPL is unlikely to go to 1,000,000 $/share bcause it is unlikely that Apple will make a product THAT good. One can speculate with AAPL shares, and a speculative bubble may well push the price a lot higher that their fundamental price -- but only for a while, eventually it gets corrected back.
Bitcoin (sorry for repeating) has does not make any products and does pay dividends. It can be used as a currency, but so could be Litecoin or any of an infinite supply of altcoins; and the "fundamental" price supported by that use shoudl be down in the single digits. So its current price is
entirely speculative.
I fail to see how a financial instrument that has
less productive potential than AAPL can have
more chance of getting getting "to the moon" and staying there...
bitcoin offers unalienable security.
1/2 hexahash decentralized P2P network remember?
srsly and then you claim to be some CS professor? what a waste of time.
1569.
Post 12884084 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
No , this is unhealthy and violent rise... I would be happier with 1-2% steady gains a day for the next year
The rapid rise in 2013 was unhealthy and violent as well. Look how that turned out for the most of us.
buy high sell low.
1570.
Post 12884642 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1571.
Post 12888701 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
1572.
Post 12888726 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
no way this can go lower.
$385. What did you said?
1573.
Post 12888784 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.31h):
i bought back in at 386, it would appear, that was stupid.
1574.
Post 12889093 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
you are fools if you are buying now hoping for a bounce.
they will dump into you relentlessly.
love the pumps, but more the dumps.
``
1575.
Post 12889148 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
yep, right there, them FBI pump it before an auction.
1576.
Post 12889218 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
how high is this thing expected to go?
32,000$ Bitches!
Careful Adam, you may jinx it, and get instead 320$ tomorrow...
Well, it wasn't 320$, but 366$ was close enough... you definitely jinxed it!
we're not finished yet!
1577.
Post 12889378 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Day candle closing GREEN? I'm ok with that then.
Being an HODLer is easy
stamp: 100k bTc on 1d chart, RED...
1578.
Post 12891927 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Serious investors will reconsider this investment proposition.
Sorry to break the bullishness guys!
It's possible, but don't you think that the hope of another 2013 will keep it going? Not to mention the charts aren't actually showing anything catastrophic at this point.
Fool me once, shame on you; fool me twice, shame on me
The fact that this insane run-up buying is from the same kind of players that accentuated the 2013 bubble, It could only burst. I think we will go sideways/slow bleed and test support 300 at some point, until the next halving bubble !
Still amazed by the euphoria and empty ask at $500 (not achieved for 2 years) , hoping for more..greed at its finest!
this was the fbi pumping it up for their auction today, nothing more.
https://bitcointalk.org/index.php?topic=178336.msg12889118#msg12889118so i fully concur we will go back hovering around 300.
1579.
Post 12892021 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Serious investors will reconsider this investment proposition.
Sorry to break the bullishness guys!
It's possible, but don't you think that the hope of another 2013 will keep it going? Not to mention the charts aren't actually showing anything catastrophic at this point.
Fool me once, shame on you; fool me twice, shame on me
The fact that this insane run-up buying is from the same kind of players that accentuated the 2013 bubble, It could only burst. I think we will go sideways/slow bleed and test support 300 at some point, until the next halving bubble !
Still amazed by the euphoria and empty ask at $500 (not achieved for 2 years) , hoping for more..greed at its finest!
this was the fbi pumping it up for their auction today, nothing more.
https://bitcointalk.org/index.php?topic=178336.msg12889118#msg12889118so i fully concur we will go back hovering around 300.
Are you kidding me? The govt that takes in 2.6 trillion $ in taxes goes all cloak and dagger to get a couple million more on a silly property auction?
they doubled it, going from 10 million to 20+ potentially.
if not for the money why make such auctions in the first place?
besides its not 'cloak and dagger', they are just playing the game.
i think some people here over reacted and got burned at 400+, praising for 15k$ btc already.
1580.
Post 12892043 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
this was the fbi pumping it up for their auction today, nothing more.
When did the FBI start controlling Chinese markets in such volumes?
Still the $300 seems like a harsh reality.
I would not call it harsh reality, I would call it good progress, if 300 holds it would be something, remember only 20days ago we were @ $250. As more realistic we are, more progress we will make. With this pumps and dumps we look like a joke to other serious traders.
sure, we are likely to resume the steady rise pre-pump.
280-320 range.
1581.
Post 12892062 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Are you kidding me? The govt that takes in 2.6 trillion $ in taxes goes all cloak and dagger to get a couple million more on a silly property auction?
they doubled it, going from 10 million to 20+ potentially.
if not for the money why make such auctions in the first place?
besides its not 'cloak and dagger', they are just playing the game.
i think some people here over reacted and got burned at 400+, praising for 15k$ btc already.
Oh, you're serious. Do you have any idea of how much yuan it took to make that "doubling"?
We did go straight vertical and predictably dumped. Do you have your shorts open at $386?
oh you are taking china volumes seriously?
yesturday stamp got +100k btc in volume, and that would be more impressive than the 3millions or whateves fancy numbers in china.
i monitored fiatleak during this pump and the yuan was lagging far behind bitfinex, stamp and btce dollar purchases
1582.
Post 12892104 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
I've been posting about inflated china volume since early Oct, but you are clueless if you think bitstamp is driving this train.
i did not say that, altho i'd argue that stamp is possibly one of the most 'fair' price settling exchange out there.
1583.
Post 12893169 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
first they ignore, then they laugh, then they fight... and then we win.
1584.
Post 12896280 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
last opportunity to sell @400 people..
1585.
Post 12898447 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
if we're going to reach my 520 target for tomorrow afternoon ( in ~24hours) we need to rise at a rate of 8 cent per minute
What if we reach $520 by tomorrow, should we get free beers?
$250. and it is free bears.
1586.
Post 12901899 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
1587.
Post 12902337 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Bottom is already in (30% prob.)
Bottom is not in - a rise to $400 follows and after that it will bottom out at $320 (30% prob.)
Anything else happens (40% prob.)
PSA: I call anything below $320 a must buy.
nah, bottom of latest pump surely far from being in.
purge & profit time.
edit: study case here
Find the differences
(lel at the people buying at current price)
1588.
Post 12902423 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Bottom is already in (30% prob.)
Bottom is not in - a rise to $400 follows and after that it will bottom out at $320 (30% prob.)
Anything else happens (40% prob.)
PSA: I call anything below $320 a must buy.
nah, bottom of latest pump surely far from being in.
purge & profit time.
edit: study case here
If you read my last days estimate: I see $300 coming - after that some oscillating and creeping up to around $450 until jan/feb.
I just tried to show some more possibilities. We can of course discuss the adressed probabilities.
ah yes, the probabilities you mentioned tickled me first.
anyway, fun times ahead.
1589.
Post 12904139 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
not hard to beat buy and hold during a bear market.
still 1500% is impressive
probably much better than following my free bitmovements thread, you get what you pay for!
Bitcoin Price Goes Parabolic, But Why?
http://bullbearanalytics.com/2015/11/06/bitcoin-price-goes-parabolic/
...
Lastly, Gavin and Mike are back at it once again using scare tactics and fear mongering as a last gasp for the survival of their ill-fated BitcoinXT project. Ignore this noise, they are acting like spoiled children that didn’t get their way. Too bad, kids, you have already lost.
1590.
Post 12904533 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
if blocksize gets an issue it will be solved in 24h
its not a big deal, more a question of details
ideialy there wouldnt be this "blocksize" issue in the first place
but there is
so how do we deal with it
dealing with it by ignoring it until it actually start to mess shit up and then saying " that's fine! bitcoin was meant to be slow and costly, using the holly ledger is a privilege! " is wrong.
on ther other hand gavins proposal is equally ridiculous to the other extream.
i'm confident devs will implement a happy middle ground
blocksize is not ignored, i think now everybody is aware there is a blocksize.. have you check tx/s ?! only 7!!
anyway, whether blocksize being an 'issue' to deal with (now?) is on the other hand far from being justified, quantified.
however, im confident active (and everybody is free to join, if technically talented - and not so much of a reddit guru otoh would be a plus) core devs are researching it, analysing data, and studying effective 'scalability' solutions to be tested and implemented in due time and hopefully without tearing apart the fundamental properties that makes bitcoin special (secure&trustless&permissionless).
now if only the chief-scientist - whatever this means - and his google acolyte could fork off, like definitely, so grown ups could focus on making bitcoin stronger, not fancier.
1591.
Post 12904982 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
if blocksize gets an issue it will be solved in 24h
its not a big deal, more a question of details
ideialy there wouldnt be this "blocksize" issue in the first place
but there is
so how do we deal with it
dealing with it by ignoring it until it actually start to mess shit up and then saying " that's fine! bitcoin was meant to be slow and costly, using the holly ledger is a privilege! " is wrong.
on ther other hand gavins proposal is equally ridiculous to the other extream.
i'm confident devs will implement a happy middle ground
On what do you base this confidence? Past performance?
bitcoin is up and running, isnt it?
1592.
Post 12905351 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Bitcoin Price Goes Parabolic, But Why?
http://bullbearanalytics.com/2015/11/06/bitcoin-price-goes-parabolic/Lastly, Gavin and Mike are back at it once again using scare tactics and fear mongering as a last gasp for the survival of their ill-fated BitcoinXT project. Ignore this noise, they are acting like spoiled children that didn’t get their way. Too bad, kids, you have already lost.
Huh? The guy sets out to list possible explanations for the price going
up to $500. The third one being "Mike and Gavin are back at it once again using scare tactics and fear mongering"?
Was that paragraph a paid signature perhaps?
He also dismisses MMM as a significant cause of the rally because
thoughout the rally the market was still trading very technically. Institutions are the ones that know how to move price in a coordinated way across multiple exchanges. A Russian ponzi scammer, no matter how good he is at his craft, can’t.
He didn't quite get it... It is not Sergei who buys the bitcoins, but the victims -- wherever they are, in any whatever market they can get. And there have been reports that the ponzi (and some copycats) was quite popular in China, so it is not strange that the Chinese exchanges were leading.
Not to mention that Sergei's previous ponzis moved more money than all that has been invested in bitcoin over the last six years. And that there is no evidence that "institutions" have ever tried to "move [bitcoin's] price in a coordinated way across multiple exchanges".
mmm victims are russian peasants (no offense people), not even capable of running microsoft word afaik.
so going through all the pain of registering on an exchange, kyc and shit, you gotta be kidding me..
as i already say, my 2 cents on the parabolic pump would be the fbi auction.
simple, and yes, these people have the means to manipulate whatthefuckever they want.
edit: just look at the chart, the pump is very well calibrated, almost perfection. only 'professionals' are the ones capable of such things.
1593.
Post 12905390 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
bitcoin is not a holly ledger, and yes there is much improvements to be made at its core.
bitcoin is holy! bitcoin is going to save us!
and please stop pretending you have any technical competence to juge about what has been or is to be done on core level.
reddit does not give you a CS degree, altho even this would not be enough anyway.
1594.
Post 12905483 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
as i already say, my 2 cents on the parabolic pump would be the fbi auction.
simple, and yes, these people have the means to manipulate whatthefuckever they want.
edit: just look at the chart, the pump is very well calibrated, almost perfection. only 'professionals' are the ones capable of such things.
If the FBI has the ability to manipulate the global price on our censorship-resistant network, then we really don't have a censorship-resistant network.
What does censorship have to do with price manipulation
I swear the shit you come up with...
lel, these kids.
1595.
Post 12905554 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
as i already say, my 2 cents on the parabolic pump would be the fbi auction.
simple, and yes, these people have the means to manipulate whatthefuckever they want.
edit: just look at the chart, the pump is very well calibrated, almost perfection. only 'professionals' are the ones capable of such things.
If the FBI has the ability to manipulate the global price on our censorship-resistant network, then we really don't have a censorship-resistant network.
What does censorship have to do with price manipulation
I swear the shit you come up with...
A price signal is important communication. If that information is intentionally distorted, the signal is censored.
1596.
Post 12905571 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
"some fancy PGP or something"...
yep, there goes your reddit CS degree.
1597.
Post 12905600 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
my particular view on what should be done is besides the point here, point is things CAN be done.
i CAN send/receive btc right now, how about you?
1598.
Post 12905666 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
wtf i dont get why i get so much heat every time i suggest that improvements can be made and scalability can be overcome.
you trolls are paid by blockstream or something...
nah i wish i where getting something from them tho.
doing the dirty work. contradict them reddit fools.
but im just concern about my bitcoins in the end.
not heating things up, im merely passing time here.
altho as a 'trusted bitcoiner' i might be a bit disappointed when you say "bitcoin is not a holy ledger".
1599.
Post 12905691 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
wtf i dont get why i get so much heat every time i suggest that improvements can be made and scalability can be overcome.
you trolls are paid by blockstream or something...
If scalability problems can be overcome, then why aren't they being overcome?
That's the 64 billion dollar question.oh why the rush then?
you dont mess with 64billion dollars question do you?
number picking and social rambling does not count too.
besides, yet again (and forever-ever), scalability and block size are two different things.
1600.
Post 12905858 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
"Plug in your 21 Bitcoin Computer to get a stream of bitcoin on your Mac, Windows, or Linux laptop."
as well as a USG backdoor..
1601.
Post 12905944 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Sorry for the off topic guys, but look at that bid wall @ Bitinex 350$
maybe you should buy..
1602.
Post 12906488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Weekend dump? I think so. $370's For now.
whether it being the week end or next month it does not matter, the dump is inevitable.
else any rise would not be healthy, nor sustainable.
1603.
Post 12907451 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
The Economist predicts transactions could take over an hour by early next year if there's no change. Are they wrong?
That is nonsense. Someone with no idea of how things work just tossed a number.
Once the average traffic (transactions issued per day by all users) exceeds the effective capacity of the network (about 240'000 tx/day, 2.8 tx/s), there will be a steadily growing backlog of unconfirmed transactions. There will not be a fixed delay: the average delay will keep increasing, day after day.
If the traffic were to be 300'000 tx/day (3.5 tx/s), for example, the backlog would grow at the rate of ~60'000 tx per day (~0.7 tx/s). The transactions received in one day will take 300'000/240'000*24 = 30 hours to be confirmed; so the average delay for 1-confirmation will keep growing by 6 hours every day.
If the transactions were serviced first-in, first-out, then all transactions sent in the same hour would be delayed by about the same (but always growing) number of hours. Since the processing priority is largely determined by the fees paid, however, some transactions may be processed in the next block, independently of the backlog, while others will be delayed even more than they would with the fair policy. However, there will be no way to estimate the fee needed to get your transaction confirmed in the next block, or within X hours; because that depends on the fees of transactions that will be issued before your confirmation -- by clients who will want their transactions to be processed before yours.
But that regime cannot last for long, of course. Clients will give up on bitcoin, until traffic drops below the capacity -- say to 220'000 tx/day (~2.6 tx/s). Then, part of the time, there will be no backlog: all transactions will confirm in the next block, even if they pay the minimal fee. However, the traffic varies a lot depending on time of day and day of the week. During peak hours and peak days, the traffic will be quite a bit more than 2.8 tx/s. Then there will be a temporary backlog, lasting several hours, that will be cleared slowly when the traffic subsides.
As before, the backlog and the average confirmation delay will keep growing while the traffic exceeds the capacity. The delay for your transaction, specifically, will depend on its fee, on the transactions that are waiting in the queue, and on the transactions that will be issued by other clients until your transaction is confirmed. On some occasions, many transactions may get delayed by several hours, perhaps by a day or two.
the backlog theory is not right, what will end up happening is that TX with 0 fees will never get confirmed ( in which case they never actually leave your wallet ) TX fees will go up such that the TX / sec is below the 1MB limit, if we get a surge of TX demand that will only push fess higher again making low fee TX never confirm. so basically there will never be an ever growing backlog, only ever growing fees.
at one point tho the high fees will start to affect TX demand negatively ( no one wants to use bitcoin any more because its so expensive ) and at that point bitcoin growth has maxed out due to technological limitations ( or self imposed nonsensically 1MB block limit )
Well by that logic I think tx fees can go a lot higher.
The world might want to get on this boat. Tickets will just have to go up.+1. seems we are finally getting somewhere.
1604.
Post 12907481 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
...
That would be an ideal time for someone to launch a competing coin. I figure it would take <$1 Billion to overcome Bitcoin's first mover advantage and then the banksters will just keep running the world as if we never existed.
lmao you really should lay off whatever you are tripping on.
1605.
Post 12907502 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
let us also put aside once and for all the fallacy of confusing 'effectively' SCALING bitcoin with block size.
1606.
Post 12907576 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
...
That would be an ideal time for someone to launch a competing coin. I figure it would take <$1 Billion to overcome Bitcoin's first mover advantage and then the banksters will just keep running the world as if we never existed.
lmao you really should lay off whatever you are tripping on.
You think it would take less or more? Surely you know that it's possible at some number with the right technical design and promotion. You seem to be not understanding what's at stake here.
it would take broad consensus amongst the community that this altcoin is the new future of money.
i mean they can pump there coin all they want, all they really do is create a very large honey pot no one dare touch.
?? our entire market cap is a fraction of what Facebook paid for Whatsapp. They don't need our community at all. All we're doing is their test marketing and technical research for them. A few tweaks, a few power players (in finance, not crypto) backing, and they capture everyone who wants low cost electronic cash without all the anarcho-capitalist drug market baggage. Oh yeah, and it'll scale.
1607.
Post 12910129 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Kind of off-putting to see all this "demanding" by the users ... if you want something build it.
Kind of off-putting to see all these senior members of the Bitcoin community telling people who care about Bitcoin to not have an opinion.
It's ugly. It's sad.
If any of you right wing nutters want to look at the face of tyranny, look no further.
Look at how Gmaxwell, Theymos and Beck treat the Bitcoin community. Look at all the goons trying to shut us up rather than showing the way forward.
This isn't github. If you look down at me because I have an opinion, then you're the problem.
fork of already. sell all your bitcoins! what you waiting for?
big blocks aint coming.
so do switch you node to xt, buy an antiminer A1 and grow your corporatist network all together you tireless noobs.
friggin unbelievable how arrogant and self centered you kids are.
1608.
Post 12910235 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Kind of off-putting to see all this "demanding" by the users ... if you want something build it.
Kind of off-putting to see all these senior members of the Bitcoin community telling people who care about Bitcoin to not have an opinion.
It's ugly. It's sad.
If any of you right wing nutters want to look at the face of tyranny, look no further.
Look at how Gmaxwell, Theymos and Beck treat the Bitcoin community. Look at all the goons trying to shut us up rather than showing the way forward.
This isn't github. If you look down on me because I have an opinion, then you're the problem.
fork of already. sell all your bitcoins! what you waiting for?
big block aint coming.
so do switch you node to xt, buy an antiminer A1 and grow your corporatist network all together you tireless noobs.
friggin unbelievable how arrogant and self centered you kids are.
Case in point.
yea, keep the bitching, you are nothing.
dont expect others to do the work for you.
it's cristal clear now that core devs (as well as many users, problably much more than you noisy wannabes) wont go along, so how about you go whine at heandresen ph0undation and ver's new 'commercial' ph0rum to finally get lost by january in your morbid ph0rk.
1609.
Post 12910375 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Kind of off-putting to see all this "demanding" by the users ... if you want something build it.
Kind of off-putting to see all these senior members of the Bitcoin community telling people who care about Bitcoin to not have an opinion.
It's ugly. It's sad.
If any of you right wing nutters want to look at the face of tyranny, look no further.
Look at how Gmaxwell, Theymos and Beck treat the Bitcoin community. Look at all the goons trying to shut us up rather than showing the way forward.
This isn't github. If you look down on me because I have an opinion, then you're the problem.
fork of already. sell all your bitcoins! what you waiting for?
big block aint coming.
so do switch you node to xt, buy an antiminer A1 and grow your corporatist network all together you tireless noobs.
friggin unbelievable how arrogant and self centered you kids are.
Case in point.
yea, keep the bitching, you are nothing.
dont expect others to do the work for you.
it's cristal clear now that core devs wont go along, so how about you go whine at heandresen ph0undation and ver's new 'commercial' ph0rum to finally get lost by january in your morbid ph0rk.
Why you so butthurt? You got a lama up your ass?
just tired of reading the same nonsense all over the place.
you wannabes invaded this forum, where we once would have real debates and technical conversations.
now its trolls and kiddos bitching around.
so i say let's settle this once and for all.
FORK OFF.
1610.
Post 12910476 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Kind of off-putting to see all this "demanding" by the users ... if you want something build it.
Kind of off-putting to see all these senior members of the Bitcoin community telling people who care about Bitcoin to not have an opinion.
It's ugly. It's sad.
If any of you right wing nutters want to look at the face of tyranny, look no further.
Look at how Gmaxwell, Theymos and Beck treat the Bitcoin community. Look at all the goons trying to shut us up rather than showing the way forward.
This isn't github. If you look down on me because I have an opinion, then you're the problem.
fork of already. sell all your bitcoins! what you waiting for?
big block aint coming.
so do switch you node to xt, buy an antiminer A1 and grow your corporatist network all together you tireless noobs.
friggin unbelievable how arrogant and self centered you kids are.
Case in point.
yea, keep the bitching, you are nothing.
dont expect others to do the work for you.
it's cristal clear now that core devs wont go along, so how about you go whine at heandresen ph0undation and ver's new 'commercial' ph0rum to finally get lost by january in your morbid ph0rk.
Why you so butthurt? You got a lama up your ass?
just tired of reading the same nonsense all over the place.
you wannabes invaded this forum, where we once would have real debates and technical conversations.
now its trolls and kiddos bitching around.
so i say let's settle this once and for all.
FORK OFF.
So why are you bitching so much? Seems slightly contradictory, to say the least.
im not, im happy with bitcoin. as is and for nao.
if you dont like it, again, FORK THE FUCK OFF.
thats all. the sooner the better.
1611.
Post 12911058 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Sub 20mil$ in longs on Bitfinex! Yet we continue to go up and there is really a lot of money on Bitfinex waiting to get used for longs
I guess maybe a push to 400$ is in.
Instead of negative interest rates, you'll probably gain 50% or more off current price from halving.
I guess most of us agree that Bitcoin has a lot of potential, but this kind of delusional shit is just hilarious.
He meant safer than leaving your money
on a bank.
It's a common mistake.
you trolls are a shame to bitcoin community.
1612.
Post 12922648 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
...
That is Bull whale, telling Bear whale, we are bigger and tougher than you are, now run along and exit your massive short position, or something like that, cos you aint driving this market down at this moment in time.
Laughably transparent false flag disinfo attempt by bull whale, who should just pack up and go home. Bears aren't fooled by his runny bullshit.
The Bears arrogance blinds them...
but seriously you gotta be suicidal to buy at these prices.
beware.
1613.
Post 12922673 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
what is the purpose of these bid walls on bitfinex and bitstamp at 380$?
is it a bullish attempt?
taunt the small fish to start buying/filling up order book above that "support". dump into it when enough is there
sharks, right?
1614.
Post 12922901 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Your bovine friend pooped himself and ran away. Nothing can save you now...
He has removed his Bid Wall from Finex. I expect he will also remove it from Kraken soon. 400 odd of the Stamp Wall remains.
...
ahh walls, they come and they go..
1615.
Post 12922943 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
1616.
Post 12923692 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
Support broken in China, also 2h MACD divergence turned red (2h MACD itself was negative, won't turn positive soon).
1617.
Post 12923786 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.32h):
support around 320-330
1618.
Post 12925059 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
I may have manipulated the markets
Just a little bit. lol i do prefer your memes than your cryptopolitics. ^^
1619.
Post 12935825 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
1620.
Post 12936799 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
so basically yes, hedge funds and HFT companies are in...
Up until now the Bitcoin markets & trading-sphere have largely been an outworld where legacy HFT firms could not dare enter -- they were instead left sidelined to peer through the murky ether at an untapped virgin goddess with her large bid/ask spreads and fragmentation. These aligning characteristics has caused a growing restlessness and salivating for the potential profits of "tapping that".
Enter the recent AlphaPoint integration into BitFinex's backend and one of the final pieces for institutional order flow to enter the Bitcoin trading ecosystem is near complete -- although this may not be in the form of hopium bitcoin believers perceive as "Wall Street getting in" -- more on that later
Here is the latest release:
http://globenewswire.com/news-release/2015/04/28/729278/0/en/Bitfinex-Completes-AlphaPoint-Integration.html TLDR: The most significant point I took away from this is the ability to interact with BFX through the FIX protocol -- "FIX has become the de facto messaging standard for pre-trade and trade communication in the global equity markets, and is expanding into the post-trade space to support straight through as well as continuing to expand into FX, fixed income and derivatives markets." FIX is essentially the backbone of modern financial interactions between broker-dealer and hedge fund communications to the exchanges. OKCoin has had FIX enabled for some time now and it was announced on our very own Google Hangout that a EURO based hedge fund was utilizing their platform -- enter the well known 20x OKC "woodchipper" and I will allow you to draw your own conclusions on that matter. (
http://www.reddit.com/r/Bitcoin/comments/2m04s4/okcoin_rep_says_a_new_hedge_fund_controlling_3/)
It has also become public that the specific HFT firms DRW Trading Group and Citadel have taken steps to enter the crypto space(
http://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814 ). This is not only apparent in DRW's presence at the latest Inside Bitcoins NYC conference speaking privately to both OKCoin and BFX but also their large winning of the DPR coins at the last auction via their subsidiary Cumberland Mining -- all signs pointing toward a large and active presence for DRW in the BTC markets.
Benjamin's Big Short & the DRW Connection
Another page out of the BTC trading folklore is the larger than life character known by the handle Benjamin(
http://tradingview.com/u/Benjamin%20/ ) on TradingView and sporting his Uncle Ben's Rice avatar -- many await his appearance like a Lock Ness Monster sighting in TradingView Chat or TeamSpeak. In early January his 3 person team borrowed 50,000 BTC to short bitcoin sub $200 -- he announced on TeamSpeak that his team was originally planning on borrowing these coins from a chinese connection but ended up going through a London hedge fund -- I give you DRW Trading Group's London office.
Many of the myoptic minded bitcoiners quibbled that why would a hedge fund allow someone to borrow coins for the purpose of shorting -- only to return them with significantly less value at a future date. Regardless if DRW was hedging off the risk before hand they would be charging a fair amount of interest fees on that amount of borrowed coins but the MOST interesting "coincidence" was the backdrop of the looming DPR auction. An auction in which Cumberland Mining scooped up an additional 27,000 BTC adding to their inventory and reducing their cost basis. The question remains if they are still looking to acquire in the next auction and I will stop short of speculating whether they are.
[I was actually debating whether to exclude this portion entirely as I thought it would distract from the real substance of what I was getting at knowing well that /r/bitcoinmarkets likes to devolve into /r/conspiracytheory very quickly. It is just really something to ponder of all the pieces involving DRW/Cumberland Mining]
The Changing Retail Trader Landscape
I do not want to go into the minutia of the Auction details itself and the Cumberland Mining mystery as I think the Coindesk article(
http://www.coindesk.com/secretive-mining-firm-revealed-as-possible-us-marshals-auction-winner/ ) does a great job of divining into topic for those interested. What I do want to focus on is the consequences to bitcoin retail trading going forward with these new players stepping in.
What these funds are doing is engaging in is mainly market making and advanced algorithmic trading where they simply see BTC as part of their asset inventory to feed off of the supple virgin order flow that has been inaccessible until now. BTC is a new speculative asset class and they see the price of BTC only as a cost basis and are not necessarily interested in its direct appreciation as an investment vehicle. With that said active retail traders may find that their strategies stop working and can & will be used against them. As Sang Lucci says pertaining to the listed space any retail strategy that can be algorithm-itised has been and will be soon enough into Bitcoin as well.
Largely, I believe that this is a necessarily step towards seeing the institutional (portfolio style) money come in that the bitcoin believers have been ranting about for so long. But to be perfectly clear these HFT/algo hedge funds make their money on the order flow not the fundamental appreciation of the underlying security -- however -- they may not be mutually exclusive but it is important to make this distinction as I believe it is often conflated and misrepresented as overtly bullish.
1621.
Post 12938369 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
so basically yes, hedge funds and HFT companies are in...
[...]
Up until now the Bitcoin markets & trading-sphere have largely been an outworld where legacy HFT firms could not dare enter -- they were instead left sidelined to peer through the murky ether at an untapped virgin goddess with her large bid/ask spreads and fragmentation. These aligning characteristics has caused a growing restlessness and salivating for the potential profits of "tapping that".
Enter the recent AlphaPoint integration into BitFinex's backend and one of the final pieces for institutional order flow to enter the Bitcoin trading ecosystem is near complete -- although this may not be in the form of hopium bitcoin believers perceive as "Wall Street getting in" -- more on that later
Here is the latest release:
http://globenewswire.com/news-release/2015/04/28/729278/0/en/Bitfinex-Completes-AlphaPoint-Integration.html TLDR: The most significant point I took away from this is the ability to interact with BFX through the FIX protocol -- "FIX has become the de facto messaging standard for pre-trade and trade communication in the global equity markets, and is expanding into the post-trade space to support straight through as well as continuing to expand into FX, fixed income and derivatives markets." FIX is essentially the backbone of modern financial interactions between broker-dealer and hedge fund communications to the exchanges. OKCoin has had FIX enabled for some time now and it was announced on our very own Google Hangout that a EURO based hedge fund was utilizing their platform -- enter the well known 20x OKC "woodchipper" and I will allow you to draw your own conclusions on that matter. (
http://www.reddit.com/r/Bitcoin/comments/2m04s4/okcoin_rep_says_a_new_hedge_fund_controlling_3/)
It has also become public that the specific HFT firms DRW Trading Group and Citadel have taken steps to enter the crypto space(
http://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814 ). This is not only apparent in DRW's presence at the latest Inside Bitcoins NYC conference speaking privately to both OKCoin and BFX but also their large winning of the DPR coins at the last auction via their subsidiary Cumberland Mining -- all signs pointing toward a large and active presence for DRW in the BTC markets.
Benjamin's Big Short & the DRW Connection
Another page out of the BTC trading folklore is the larger than life character known by the handle Benjamin(
http://tradingview.com/u/Benjamin%20/ ) on TradingView and sporting his Uncle Ben's Rice avatar -- many await his appearance like a Lock Ness Monster sighting in TradingView Chat or TeamSpeak. In early January his 3 person team borrowed 50,000 BTC to short bitcoin sub $200 -- he announced on TeamSpeak that his team was originally planning on borrowing these coins from a chinese connection but ended up going through a London hedge fund -- I give you DRW Trading Group's London office.
Many of the myoptic minded bitcoiners quibbled that why would a hedge fund allow someone to borrow coins for the purpose of shorting -- only to return them with significantly less value at a future date. Regardless if DRW was hedging off the risk before hand they would be charging a fair amount of interest fees on that amount of borrowed coins but the MOST interesting "coincidence" was the backdrop of the looming DPR auction. An auction in which Cumberland Mining scooped up an additional 27,000 BTC adding to their inventory and reducing their cost basis. The question remains if they are still looking to acquire in the next auction and I will stop short of speculating whether they are.
[I was actually debating whether to exclude this portion entirely as I thought it would distract from the real substance of what I was getting at knowing well that /r/bitcoinmarkets likes to devolve into /r/conspiracytheory very quickly. It is just really something to ponder of all the pieces involving DRW/Cumberland Mining]
The Changing Retail Trader Landscape
I do not want to go into the minutia of the Auction details itself and the Cumberland Mining mystery as I think the Coindesk article(
http://www.coindesk.com/secretive-mining-firm-revealed-as-possible-us-marshals-auction-winner/ ) does a great job of divining into topic for those interested. What I do want to focus on is the consequences to bitcoin retail trading going forward with these new players stepping in.
What these funds are doing is engaging in is mainly market making and advanced algorithmic trading where they simply see BTC as part of their asset inventory to feed off of the supple virgin order flow that has been inaccessible until now. BTC is a new speculative asset class and they see the price of BTC only as a cost basis and are not necessarily interested in its direct appreciation as an investment vehicle. With that said active retail traders may find that their strategies stop working and can & will be used against them. As Sang Lucci says pertaining to the listed space any retail strategy that can be algorithm-itised has been and will be soon enough into Bitcoin as well.
Largely, I believe that this is a necessarily step towards seeing the institutional (portfolio style) money come in that the bitcoin believers have been ranting about for so long. But to be perfectly clear these HFT/algo hedge funds make their money on the order flow not the fundamental appreciation of the underlying security -- however -- they may not be mutually exclusive but it is important to make this distinction as I believe it is often conflated and misrepresented as overtly bullish.This is likely to be the best post on trading proper that I've read in here this year. Thanks a lot for bringing it to our attention.
you're welcome, although its already 6 months old!
anyway, i dug it up since DRW won the last auction.
seems they are indeed highly invested in the ecosystem now and people asking for wall street sharks to be in may just regret the old days..
i mean wow, HFT trading the shit out of bitcoin is quite threatening.
the dices are rigged gents! just hide your bitcoins and stay the hell out of exchanges for some times!
1622.
Post 12938462 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
Thank you for cheap Bitcoins, Bears!!
You shouldn't thank the bears, but the piglets... Bears provided some support when closing shorts...
just thank DWR.
1623.
Post 12939477 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
meanwhile in okcoin world :
1624.
Post 12940809 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
<>
It's bitcoin's niche, that's for sure. Did you know that it's not just for shitty overpriced drugs and CP anymore? Sure! Why, CryptoWall alone has raised over $325 million in bitcoin, and now even
real-life kidnappers have taken a fancy to our coin of choice!
Onward and upward!
Just hope all the criminals won't be too pissed at us, with the price crashing the way it is.
Don't wanna cause a panic, but won't lie, getting a little scared.
the biggest criminal activity on the planet is Wall St. bankster bailouts ... next stop they start making untraceable bankster criminal bailouts in bitcoin
preparing their exit for the financial crisis.
100k/btc here we go.
1625.
Post 12968350 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
1626.
Post 12968822 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
Could be this. They are rallying their efforts in Paris right now. This will effect the price tomorrow morning after the fall out.
This will effect the price of what?? Wtf!
US equity futures
1627.
Post 12972858 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
suddenly i had this bearish feeling come over me and i sold all my bitcoins.
see you all sub 300 suckers!
Ok, so we're going up then.
CHOO CHOO!!!Edit: TBH I think we might see a slow bleed or sideways for a couple of days. A lot of the traders the wales are trying to communicate movements to are probably busy with figuring out how the latest terrorist attacks will affect commodities and stocks. France is probably going to war. They might try to get other NATO countries with them as well.
Edit 2:
"Hollande said the attacks were “an act of war" committed by the Islamic State group’s "terrorist army”."http://www.france24.com/en/20151114-paris-attacks-president-hollande-act-war-islamic-state-group-terrorism-franceThat kind of language has a specific meaning. They're communicating that they see the conditions for invoking NATO's Article 5 as being fulfilled.
Watching another false flag unfold right in front of our eyes is kind of surreal. TPTB know to use mass psychology very well.
“A history of false flag attacks used to manipulate the minds of the people! “In individuals, insanity is rare; but in groups, parties, nations, and epochs it is the rule.”
― Friedrich Nietzsche
NWO unfolding.
1628.
Post 12974101 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
We're all fucked.
congratulations you finally figured it out
yup, also bitcoin down
1629.
Post 12974191 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
We're all fucked.
Bullish!
1630.
Post 12975953 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
lmao bitstamp!!!!
1631.
Post 12975960 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
some dude gettin bersek like fuck shit this its war out there im buying coinzz!!
edit: 1m dollars.. 1 click!
1632.
Post 12975974 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.33h):
1633.
Post 12976008 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
suddenly i had this bearish feeling come over me and i sold all my bitcoins.
see you all sub 300 suckers!
1634.
Post 12976087 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
looooool
1635.
Post 12976115 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
the guy lost at least 50k
1636.
Post 12985455 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
Can't you guyz and galz just launch this mofo to 10k so I can buy a boat?
Is that really too much to ask for?
I sold during the last pump and while I could buy back in for less right now, I'm staying out of it.
The CEO of Coinbase made comments this month about how they plan to 'upgrade' their system in the second week of December, as they undermine the core developers and go against community sentiment about what Bitcoin is.
https://bitcoinmagazine.com/articles/coinbase-ceo-brian-armstrong-bip-is-the-best-proposal-we-ve-seen-so-far-1446584055This is a corporate move to take Bitcoin over and turn it into something appropriate for bankers (the XT fork WILL NEED more updates, while its blacklists will be updated too), who can then use it to dump their fiat into while other systems collapse and hyperinflation starts.
For this to work, they are counting on people like you, to be so happy with your profits and new boat that you won't care that Bitcoin has lost its integrity along the way.
I'll get behind Bitcoin again if the community proves itself smarter than this however.
or you just can hold (and dump in whatever fork these corporatists/statists come up with).
but i agree lets wait a bit for some cheap cheap coins.
1637.
Post 12992030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
Fucking lambie, the most disruptive technology ever!
lmao!
So Gmaxwell blaims trolls for Core's inability to get their act together? How does that work? If their sensitive minds break down with 4-billion-usd-market-cap-trolling (...catching air, I need to lose weight), how will they hold up at 40b?
Disclaimer: I am not paid for this service. This is freebie trolling.
Get their act together?
We just had a milestone development today
https://www.reddit.com/r/Bitcoin/comments/3t0kff/core_switched_to_libsecp256k1_for_verification/You have to end with a disclaimer. That's how it works now.
Core just released OP_HODL. That's a milestone too, I guess.
Tbh the politics of developing and maintaining an open-source protocol is one of the most puzzling things about Bitcoin.
Disclaimer: I know almost nothing.
at least you are being honest.
that fatman kid tho, garbage.
1638.
Post 13000993 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
... so the french have finally gone to war, because they can't find anyone to surrender to.
meh if everyone fought for their own convictions there would be no war.
1639.
Post 13001090 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
I live in the US which is comprised of 99% immigrants. In one small section of one borough of NYC 167 languages are spoken. The people there look suspiciously human.
5 years ago there was a census. Being a procrastinator I hadn't returned the form so a lady came knocking on my door. The last question asked for your race. The reason for this is info for government programs. I told her that if she wanted to pigeon hole me she could put me down as mammal. Of course she just stared blankly at me. To help her out I said, oh you are looking for a race, put me down as human, human race.
captain obvious hullo!
1640.
Post 13001102 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
... You better hope there are enough people like me left.
I do, I do! With all the mud people getting them fancy degrees and wantin' high-payin' jobs, who else is gonna be left to dig my ditches and run that fryer at Mc. D's?
So basically you are just as racist as anyone else...
Everyone is a racist. Just a matter of degree and direction (towards outsiders, or your own race).
muslim youngsters migrating to europe wants to breed your sisters and daughters. its a breeding war.
1641.
Post 13003352 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
1642.
Post 13003483 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
We've come a long way...
lol, and god knows how she's been stuffed too.
1643.
Post 13011674 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
bacon.
1644.
Post 13011782 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
bacon.
Don't forget eggs! And sausages, what about sausages? Some chips would be nice as well
hasbrowns and beans.
1645.
Post 13025956 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
So, hearn is definitaly not interested in financial freedom.
Banks and their Monopoly can go fork themselves.
1646.
Post 13026000 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
So, hearn is definitaly not interested in financial freedom
I'm willing to bet that all the money he'll get from the mega-banks will afford him quite a lot of financial freedom. Not sure about the rest 7bn people though
Monetary sovereingty.
1647.
Post 13026552 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
Bitcoin debit cards? Genius.
1648.
Post 13030159 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
Looks like something's happening amongst the Knights of The Round Table. I really don't understand all this. Just give a working
BTC I don't care about all the disputes. Is that so difficult? You see when the human part comes into place, everything goes nuts
I agree, there is more talk about personality and agendas than actual discussion of development. The former can more easily be skewed. Math actually contains real answers.
Bitcoin works now.
1649.
Post 13031085 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
https://blog.coinbase.com/2015/11/20/introducing-the-shift-card/Today, we’re excited to introduce the first US-issued bitcoin debit card, the Shift Card. The Shift Card is a VISA debit card that currently allows Coinbase users in twenty-four states in the U.S. to spend bitcoin online and offline at over 38 million merchants worldwide.
Wow. That really expands the number of stores you can spend Bitcoin at!
1650.
Post 13031126 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
1651.
Post 13040723 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
Bitcoin works just fine without them.
Even better.
1652.
Post 13040822 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
They say they are interested in the blockchain technology, but it doesn't work without tokens.
We've heard this one so many times before
>> 'It's kind of like the tech equity bubble in the run up to 2001' <<
its all here, these suckers are irrelevant to bitcoin and its blockchain.
they just burned tons of cash to mimic commercial banks.
their failure is inevitable and a blessing for the holy ledger.
1653.
Post 13042049 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
They say they are interested in the blockchain technology, but it doesn't work without tokens.
Permissioned blockchains. They'll have tokens of their own.
They don't need tokens. The bitcoin network needs tokens in order to pay the miners, who are anonymous and scattered all over the world. In a "permissioned ledger" (i.e., a distributed mirrored decentralized tamper-resistant database for a closed set of non-anonymous, legally bound entities), transaction processing would be done by the member entities, for whom the service would be compensation enough; and/or by external contractors, who would get paid in dollars through banks, the old-fashioned way.
Thus a "permissioned ledger" does not need tokens or proof-of-work. It remaisn to be seen whether it will have a use for any of the other distinctive features of the Bitcoin protocol.
yea, mySQL databases don't need tokens.
1654.
Post 13042329 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
yea, mySQL databases does not need tokens.
Their digital tokens will be represented in USD and Euros primarily. For the time being these provide relatively stable forms of currency with low volatility(although the euro was more volatile than bitcoin week to week for the first 2.5 months 15' when it radically dropped in value) but just make sure you spend those currencies quickly as they aren't stable long term stores of value.
Not quite.
Banks, so far, are not trying to digitize currencies but titles which is pretty much the difference between Bitcoin the asset and their databases.
we all know their dirty secret is to ban cash and digitalize your influx so they can
track tax you better.
1655.
Post 13042510 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
]
we all know their dirty secret is to ban cash and digitalize your influx so they can track tax you better.
Based upon this precedent -
https://en.wikipedia.org/wiki/Executive_Order_6102 which is far more egregious than simply stopping printing their own virtual token I think you have a realistic fear. This is one of many reasons bitcoin will have a important future for all.
Bitcoin is Regulatory Arbitrage and no one should underestimate how important of a role that fulfills.
ergo good riddance ripple, hearn, bitpay, coinbase, goldmansachs... may they find whatever they seek with these private
blockchains mySQL databases
Their Big Lie is that Bitcoin was created to replace commercial banking, not central banking (as if the Genesis Text was about $2 ATM fees instead of TBTF bailouts).
Brilliant observation, thank you.
It is indeed. I personally care not one iota about replacing ATM's. The debt-based monetary system which currently animates the entire economic state of my country is what I care about. More specifically, the inherent life expectancy of such systems and their typical failure modes, and what it may mean to me. Even more specifically, what evolves out of such an implosion.
It is worth note that almost without exception the efforts that Hearn and Andresen have focused on are to facilitate to enlistment of people who's interest does not go beyond the ATM/VISA/PayPal aspect of the Bitcoin monetary system. I attribute this to a strategy which recognizes that these participants are a distinct liability to the defensibility of the ecosystem. The demands that 'the masses' make will open many chinks in the armor. Actually 'chinks' is an understatement. The effect would be that of a sufficiently large torpedo detonated under the keel mid-ship.
I do believe that this 'enlist the masses' focus has been strategic, and is for the ultimate purpose of destroying the Bitcoin solution in it's initial form. At least in Hearn's case. Gavin may at one point have been legitimately convinced that ballooning the userbase was a viable defense however naive that may be, and also that bending over backward to placate the existing political power structures so that they will be nice to us made sense. I don't believe that that is a sustainable argument any more if it ever was, and Gavin must certainly know this.
1656.
Post 13043152 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
we all know their dirty secret is to ban cash and digitalize your influx so they can track tax you better.
Of course but now we have Bitcoin
So... as long as your salary is paid in bitcoin, and all the things you buy are paid directly with bitcoin (without any identifying information collected in the process), we are FREE from taxation!
Oh, but wait, we are only replacing central banking, not commercial banking.
I guess it's back to sitting on our private keys and talking shit about anybody who wants to actually
do anything with this invention. At least we're still guaranteed to get filthy rich, very soon™.
its pretty simple yes:
1657.
Post 13043204 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
we all know their dirty secret is to ban cash and digitalize your influx so they can track tax you better.
Of course but now we have Bitcoin
So... as long as your salary is paid in bitcoin, and all the things you buy are paid directly with bitcoin (without any identifying information collected in the process), we are FREE from taxation!
Oh, but wait, we are only replacing central banking, not commercial banking.
I guess it's back to sitting on our private keys and talking shit about anybody who wants to actually
do anything with this invention. At least we're still guaranteed to get filthy rich, very soon™.
its pretty simple yes:
Unloading our bags on literally children... the killer app!
meh daddy issues much?
yes we all know you prefer in-suit banksters that build big phat corporations, impose their government laws & taxes with their private blockchains.
bequick kiddo, get yourself one of these fancy coinbase bitcoin debit card, maybe they'll even let you choose its color!
1658.
Post 13043295 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
there was like 1billion dollars unaccounted for that the pentagon spend and it wasn't ever recorded...
How soon we forget.
Let's try
Two-Point-Frickin-Three-TRILLION dollars.
Announced when? Oh, right. On a date that the following day's news would ensure that nobody noticed.
2001. September. The tenth.
source?
1659.
Post 13043447 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
... but what does the ticker tape say? Three-buck-and-a-quarter today. Honey badger be honeybadgeratin'
hmm reminiscences..
The first step in a bull movement in a stock is to advertise the fact that there is a bull movement on. Sounds silly, doesn't it? Well, think a moment. It isn't as silly as it sounded, is it? The most effective way to advertise what, in effect, are your honourable intentions is to make the stock active and strong. After all is said and done, the greatest publicity agent in the wide world is the ticker, and by far the best advertising medium is the tape. I do not need to put out any literature for my clients. I do not have to inform the daily press as to the value of the stock or to work the financial reviews for notices about the company's prospects. Neither do I have to get a following. I accomplish all these highly desirable things by merely making the stock active. When there is activity there is a synchronous demand for explanations; and that means, of course, that the necessary reason for publication supply themselves without the slightest aid from me.
http://www.nowandfutures.com/large/Reminiscences_of_a_Stock_Operator_Jesse_Livermore.pdf P.195
1660.
Post 13051377 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.34h):
My take on what happened:
A couple of days ago, hackers from Anonymous claimed to have
located an address belonging to IS with 3 M USD worth of bitcoins in it.
The German Kopp reporter read that announcement, and either misread that word as
locked (
sperrte?), or just assumed that the authorities had promptly called the CEO of Bitcoin and told him to freeze that account.
The NewsBTC owner/writer saw that German report and changed the
locked to
seized (which is the usual term for that thing in bank contexts).
notice the subliminal emphasis:
located > locked > seized
sounds like your banking masters' wet dream.
1661.
Post 13061284 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
Why in the hell would anyone want a prepaid card that costs $40 and charges them 5% for the privilege of using their own money?
Well, the Shift card is $10 for the card itself and zero-point-zero to use, but why let the truth get in the way of a good bout of hyperbolic ranting?
Personally, I don't find a one-time charge of around the cost of a good hamburger to be too much to be able to convert my Bitcoin into merchandise at will, at literally every merchant that accepts Visa. But maybe I'm unique in that regard.
What is the point though?
Do you hold most of your money in Bitcoin?
I'm really trying to see what the incentive would be for someone that is not paid in bitcoins to use it as a mean of exchange at this current stage of its evolution. What problem do you have with spending fiat like everyone else?
It seems rational to me, if you value your coins, to hold them and rather spend inflationary fiat for your expenses.
there is no point. only brain-damaged people.
1662.
Post 13113390 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
anybody planing / shorted already here?
I think we will go up... volume is catching up and the trend is rather clear.
if it would be so clear that we go up we would have already gone higher ... Also BFX wouldn't be so packed with 10k coins to 400$ if it would be crystal clear that we go much much higher soon.
I am not talking about long term, just for mid term...
short term, you never know.
last rally up to $500 surprised most people.
still, cashing in some profit along a rise is healthy.
1663.
Post 13115007 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
still on his forum tho.
kids these days..
1664.
Post 13115535 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
Heh, still can use bitcoin.
1665.
Post 13115877 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
1666.
Post 13115898 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
Is GMAX right?
You're right though that the question is substantially political: A fully centralized system could easily handle gigabyte blocks with the work we've do to make megabyte blocks barely viable in a highly decentralized world. Such a system could also happily institute excess inflation, censor transactions, and other moves "for the good of the system" and "to assure widest adoption". If Bitcoin is to survive in the long run we just stand by the principles we believe in, and which make the system valuable in the first place. -- Even against substantial coercive pressure. Otherwise the transparent system of autonomously enforced rules risks devolving into another politically controlled trust-based instrument of expedience that we see with legacy monetary instruments.
1667.
Post 13123951 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
1668.
Post 13128269 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
Have you ever wondered what makes idiots pay several dollars for a cup of coffee? Well, apart from them being idiots of course. It´s really strange, what with the extreme oversupply of coffee, the price of coffee is at a 30-year low. This chart only goes back 20 years though.
[...]
I always assumed that the people selling coffee to idiots wouldn't be paying the spot price for coffee but instead paying a premium for coffee forwards or futures, so they could guarantee they stayed in business if the spot price suddenly rocketed.
Their customers are still idiots, though.
Well, as far back as I remember retarded scientists have been predicting widespread crop failure due to increasing CO2 in the atmosphere. I´m sure that scare mongering has moved prices but it didn´t prevent record grain crop yields in 2014. I guess plants like CO2 a lot more than do scientists.
I think the crop failure was supposed to be
because increasing CO2 leads to more unstable weather patterns leading to events like flooding and drought. 2012–15 North American drought"1,692 counties across 36 states in the U.S. have been legally declared primary natural disaster areas as of August 17 as the drought continues to cover 62% of the contiguous U.S."Good to hear that's not a problem.
kid got served that same old mainstream soup heh.
You should instead be concerned about how USG programs such as HAARP are factually controlling the weather.
http://www.globalresearch.ca/weather-warfare-beware-the-us-military-s-experiments-with-climatic-warfare/7561http://www.theguardian.com/us-news/shortcuts/2015/feb/16/can-the-cia-weaponise-the-weather-geoengineering
1669.
Post 13130395 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
Very weasel-poop-ish. Just the way I like it.
rebound sir.
1670.
Post 13131710 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
In other news... € continue dying. Parity in few months I guess.
the EUR isn't dying the USD is just very strong.
http://www.marketwatch.com/investing/index/dxythe USD should come back down as the FED achieves its 2% inflation rate target thing.
The dollar has been pricing in fed hikes since mid 2014.It´s a long and confused process, which is understandable since the fed has talked in every direction and out of both sides of the mouth. Not to mention the forked tongue.
They´re always about to hike but maybe not yet, they´ve talked about negative rates sometimes. The economy is good but then maybe not so good. It´s like a dog chasing its own tail. Spokeswoman Yellen got so confused recently by all this circle jerking that she almost choked on her own bullcrap.
The FED permafrost the interest rates since 2006.
They are certainly not doing anything else, for as long as the status quo holds..
Clock is ticking tho, pepper your pop corn.
1671.
Post 13132316 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.35h):
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.
2x work... 2x taxes.
1672.
Post 13148741 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
1673.
Post 13158676 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
Restricted space => creates fee competition => dust will become non-economically viable to move around.
Restricted space => fee competition
More adoption+fee competition => expensive fees
Expensive fees => stalled adoption
Stalled adoption => declining interest
Declining interest => what are we even trying to do here?
This, however, is not a description of how bitcoin will fail but how bigger blocks are inevitable.
I suggest you go back and reread what Jorge wrote also. He describes well how the block size limit encourages attacks on Bitcoin
Also, it is not on developers to be setting up fee markets. It should be the realm of, well, the market.
Not all Bitcoin users are created equal. Not all individuals have the same financial pain threshold.
Expensive fees might deter direct adoption of Bitcoin by less financially priviledged persons but has absolutely no impact for the faction of individuals controlling the largest portion of monetary wealth worldwide.
Contrary to popular belief Bitcoin's immediate target market is NOT mainstream consumers.
no it impacts the financially privileged as well, they can no longer speculate bitcoin will be currency.
Nonsense. Bitcoin is not limited to its blockchain and the obvious end game for transactional uses are open payment networks like Lightning.
The wealthy are mostly concerned with shielding their capital from dirty regulators hands and oversight. Bitcoin offers unparalleled value in that regard.
Yup, with not reversible transactions, bitcoin is a terrible payment channel (also price volatility makes it even less convenient).
See bitcoin and the poor:
http://trilema.com/2012/bitcoin-and-the-poor/
1674.
Post 13160029 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
edit: speaking of Popescu....
I don't think it's either practical nor feasible nor even desirable to use Bitcoin in the day to day dabble of pizzas, phone credits, hairspray and sneakers. People try to, because of the misguided belief that Bitcoin value is somehow related to or deriving from its crossection in the retail market. This happens to be completely untrue : you can't buy any pizza with SDRs, and yet that doesn't somehow make SDRs worthless. The belief itself may be a case of "everything appears a nail to the man holding a hammer", in the sense that people who have never interracted with any other aspect of economy besides the supermarket counter may genuinely imagine that's what economy is. Still, that makes no difference.
"Interraction" with the economy... like exchanging shares of blogs and gambling sites with other titans?
Peer to Peer Electronic Cash System
vs
Peer to Peer Electronic Wealth Storage System
I think we've distilled it down. I also think it can be both, but the former facilitates the latter.
I'm not even sure if you're trolling or actually stupid... maybe just shortsighted.
There's a time for everything. While Bitcoin is doing the thing called price discovery any attempt to compare it to cash in terms of velocity and ease of exchange is positively retarded and shows an absolute lack of economic aptitude.
"buttt bbbbbuttt buttt Satoshi told me I could send it all over the world NOW"
Oh well.. if spending bitcoins makes you "warm and fuzzy" inside go right ahead...
They still cant figure bigger blocks leads to no peers to peer.
1675.
Post 13178394 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
1676.
Post 13186679 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
Heh, trolfi at the manoeuvre.
Seg witness dos not *actually* raise the blocksize to 4MB.
But it is just a proposal, and one that's been tested for 18months, as opposed to all your bigblocks BIPs fantaisies.
1MB block size is strong and still.
1677.
Post 13186817 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
Actually I have been programming almost daily for the last 40 years. And I have watched from front row some of the best software developers in the world as they worked. As well as some terrible ones.
That is why I think that swapping Gavin for Greg was a disaster for bitcoin...
Actually the jokes on you, Jorgi. I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.
A. Handful. Of. Lines. In. Over. A. Years. Time.
So let's don't over-glorify these so called developers and put them up on some sort of pedestal. Like they've got their noses to the grindstone every day, furiously cranking out mountains of code. If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers.
P.S.- And the truth/reason is, after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. All the heavy lifting was done years ago. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do. So they're basically just downshifted into long term maintenance mode at this point, which anyone with their knowledge can do on the side for a few hours a week.
Bingo!
There is nothing to add to The Bitcoin Protocol anyway.
1678.
Post 13186955 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
Actually I have been programming almost daily for the last 40 years. And I have watched from front row some of the best software developers in the world as they worked. As well as some terrible ones.
That is why I think that swapping Gavin for Greg was a disaster for bitcoin...
Actually the jokes on you, Jorgi. I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.
A. Handful. Of. Lines. In. Over. A. Years. Time.
So let's don't over-glorify these so called developers and put them up on some sort of pedestal. Like they've got their noses to the grindstone every day, furiously cranking out mountains of code. If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers.
P.S.- And the truth/reason is, after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. All the heavy lifting was done years ago. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do. So they're basically just downshifted into long term maintenance mode at this point, which anyone with their knowledge can do on the side for a few hours a week.
That is because they are only working on their own company's off-chain solutions and stonewalling on any improvements to the client to enable scaling. Oh they also spend tons of time on reddit and other forums posting messages to argue why blocking the stream of transactions is necessary.
Greg, Peter and several others have openly stated that they do not like Bitcoin's design and that it shouldn't work in practice. Despite the fact that it does.
These are the people that have taken over control of the project because Gavin was too nice and wanted to share developer control, only to see these guys take over and shut him and the other early developers who actually built Bitcoin out.
Under Satoshi and then Gavin we had don't of regular improvements in the client, now under Greg and Peter we have none.
lmao, not tonight dear.. ^^
I am glad that this scammy Bitcoin foundation's Chief scientist is out of the picture..
Now he can fully appreciate his USG paycheck!
1679.
Post 13187934 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
Oh god. Please don't even follow that link and give this guy views. It's that Rawdogletard guy. Nothing of value there.
he is genius!
in is own dumber-than-dirt way this guy is funny ...
and a video from him is also agreat indicator that bitcoin is bubbling up into the dumber-than-dirt mainstream radar again .... Bullish!I lol'd. Hard
I work at the er at the biggest hospital in my state and I can attest to the sheer volume of dumber than dirt that works here as well as the incoming patients and visitors. I'm sure each of them (workers) is good at their particular task in life, to some extent, but when it comes to having any sort of financial vision they're just out to lunch or not even at the table. Very few have any understanding of what's going on in the US markets let alone any cursory knowledge of the future of money which is bitcoin. Regarding the patients, they have so many personal issues that they haven't the time nor expendable capital to even consider educating themselves on or speculating/investing in bitcoin. However, when panic sets in and everyone can't believe the upward trend, they will come.
when they'll lose everything, they wont even bother.
1680.
Post 13188048 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
1681.
Post 13188975 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.36h):
1682.
Post 13207246 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
so, sheeps are 99% long, okcoin bots are down, inb4 the margin call begins.
1683.
Post 13207449 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
so, sheeps are 99% long, okcoin bots are down, inb4 the margin call begins.
i thought that was the funding... ie usd available to go long...
=== not many ppl go long yet
is it usd 'available' or 'borrowed'?
quite so, it is margin funding ie. usd borrowed. (to long bitcoin)
1684.
Post 13209415 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
...
This type of idiocy is often repeated but absolutely misguided.
The term CASH stems from the notion that Bitcoin, like cash, is a bearer instrument, not that it should be freely spent on trinklets at no cost.
Right on!
*Reducing* the blocksize is what really needs to be done. Make garbage transactions (all transactions below 1,000 BTC) impossible, due to cost. The 'I want more shit for free' brigade will pretty much *have* to hodl then.
Scarcity maximized => price skyrockets => everybody's happy
choochoo
1685.
Post 13209987 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
This thread has turned into a complete noob convention. Whether you think block size should be 1MB or 10MB, to address spam on a blockchain, you don't purposely make the blocks as small as possible, you institute a minimum transaction fee capable of preventing the spam regardless of block size. Litecoin has a 0.001 min transaction fee for this reason. Bitcoin needs to increase the minimum transaction fee as well. Zero fee transactions never should have existed in the first place.
Bitcoin doesnt "need" anything. Bitcoin "is".
1686.
Post 13212241 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
satoshi at vistomail.com satoshi at vistomail.com
Thu Dec 10 06:54:46 UTC 2015
[bitcoin-dev] Not this again.
I am not Craig Wright. We are all Satoshi.
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011936.html
1687.
Post 13213215 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
that's @vistomail account.. not the highjacked @gmx account.
1688.
Post 13224154 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.37h):
10/10 shakeout
Would shake again.
1689.
Post 13296987 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.38h):
Sorry, Guys. You can have high prices or you can have high transaction fees, but you can't have both.
Just hold the price above $400 until I can get my old coins out of cold storage.
I'm outie.
1690.
Post 13308429 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.38h):
1691.
Post 13316212 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.38h):
Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?
you've been ph0rked.
1692.
Post 13327671 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.38h):
1693.
Post 13346051 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
my guess is around 600-800 when the halving occurs.
i think our crazy bubble days are over, and more of a steady climb has become the norm.
this is good, the bubbles were way too stressful.
I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...
mega bitcoin bubble will coincide with worldwide monetary crisis.
(if bitcoin protocol is not totally denatured and forked into abyss by then)
1694.
Post 13366724 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
If Core development can be hijacked by a for profit corporation then I might as well be all in PayPal. Bloody humbug.
bye!
Go suck a Blockstream. I'm not finished yet.
I wonder how you'll feel when you use your first sidechain or make your first SegWit transaction
No matter how benevolent it thinks it is a corporation is still a sociopath. You don't think it's dangerous on principle to cede control of development like this?
The sociopaths are over there : bitco.in
Would you rather we cede development to Mike Hearn & the bankers?
I don't how to answer that. Are these really the only options?
Hearn left, so you're stuck with the guy who made Bitcoin what it is today or Leeches Inc.
Which one would that be? Surely not USGavin?
the oedipe's attention kiddos sucking at mommy's benevolent dictators.
refuses to pay bitcoin fee but can't stop paying CO2 taxes.
1695.
Post 13372337 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
1696.
Post 13373807 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.
The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).
yes, maybe its the right step, nevertheless......... lol coinbase
corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.
edit: go for it kids!
1697.
Post 13373964 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.
The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).
yes, maybe its the right step, nevertheless......... lol coinbase
corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from
Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.
edit: go for it kids!
It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.
can you even read? here i bolded the evil part for ya.
ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*
seem you corporatists regulated sheeps prefer it with some lub after all.
1698.
Post 13374121 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.
The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).
yes, maybe its the right step, nevertheless......... lol coinbase
corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from
Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.
edit: go for it kids!
It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.
can you even read? here i bolded the evil part for ya.
ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*
seem you corporatists regulated sheeps like it with some lub after all.
So you think that because you have written the two words "Goldman Sachs" you somehow have made a point?
yep.
1699.
Post 13374185 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Sub 400 ain't happening gentlemen - Buy now or cry later.
Maybe. But you have what seems to be an irrational belief that the world will start pouring mountains of money into a system that can't accomodate them as users. I find that puzzling.
monkey monkey
1700.
Post 13374297 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
I don't have massively strong feelings about XT or Coinbase but the github thread regarding removing Coinbase from bitcoin.org makes for truly loathsome reading. 'We definitely need to coerce Coinbase into switching back to Bitcoin Core' and proposing making their fees 4x higher. Nice 'consensus' you pathetic little shits.
enough with the whining gimmick.
bitcoin will not adapt to your retard lifestyle.
you choose to use bitcoin... or you dont.
see? you have a choice!
1701.
Post 13391013 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
And if that confederate flag waving hick, BJA, wants to cash out and make his life more comfortable for himself and his confederate flag waving children, I think he should be allowed to do so in his own time.
Is Gavin the leader of the confederacy since he tried to secede from the union?
And why are you on a Bitcoin forum in the first place if you're always promoting leftist ideals and now anti-confederacy when the confederacy was the original libertarians of this government?
Because I see Bitcoin as an important and exciting technology rather than the second coming for right wing nutters.
Leftist extremism is not the future. We've already reached peak leftism, peak government, peak collectivism, peak feminism, etc. You can only go down from here in your SJW ideology. If anything, we will return back to the culture of the 1800's and early 1900's after all this garbage collapses.
It's always funny how people advocating these bullshit ideologies don't even know Hitler and Stalin are both technically leftists. Anarchy is far right and peak government authoritarianism is far left. It's funny you refer to the "far right" as nutters when leftist collectivism is inherently pro slavery. One man's free stuff is another man's indentured servitude.
It makes no sense to argue politics with you when you're in denial of your own political conviction. Your stance seems completely in line with racist fascism. The fact that you're hiding behind your PC idea of right wing anarchy is just pathetic. Any true classical liberalist would vomit at the thought of you being counted among them.
You're a Marxist-collectivist and use the normal leftist tactic of trying to force your ideology onto everyone then claiming they're a "bad person", "racist", "sexist", blah blah if they don't want to join your collectivist nightmare that's already resulted in the deaths of millions from your last Bolshevik revolution.
Nobody wants to join your SJW bullshit that demonizes males, anyone who isn't poor, white people, etc, the usual common targets. You have a mental disorder called far leftism where you were dumped into too many trashcans by stronger kids while growing up, so now you can only relate to people deemed underdogs by society and shun anything considered strong or normal. It's a mental disorder plain and simple. Stop trying to pretend you're normal and people should adhere to your disorder.
Blame it on Modern Edugayshun:
https://www.youtube.com/watch?v=iKcWu0tsiZM
1702.
Post 13394243 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Conspicuously missing from the Blockstream roadmap are any specifics such as:
At X time, the block size limit will be increased by Y amount
When X% of blocks are full, the limit will be raised by Y amount
At X difficulty level, X transaction fee level, X number of nodes, etc...
Simple: there is no plan to increase the block size through a hard fork anytime soon seeing as there is no valid reasons to do so.
Fork off if that doesn't make you happy.
Why don't you, small blockers, fork off? Most people want raised block size...most people = bitcoin...if you don't hear the community, YOU FORK OFF
lol 1MButthurt strong here.
1703.
Post 13394326 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Conspicuously missing from the Blockstream roadmap are any specifics such as:
At X time, the block size limit will be increased by Y amount
When X% of blocks are full, the limit will be raised by Y amount
At X difficulty level, X transaction fee level, X number of nodes, etc...
Simple: there is no plan to increase the block size through a hard fork anytime soon seeing as there is no valid reasons to do so.
Fork off if that doesn't make you happy.
Why don't you, small blockers, fork off? Most people want raised block size...most people = bitcoin...if you don't hear the community, YOU FORK OFF
the community is not represented by loud mouths on btctalk and reddit you chump
if you don't like Bitcoin as it is, YOU fork off.
Bitcoin is not about community, it is about money.
1704.
Post 13394654 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Meanwhile BankAmericoin, Applecoin, FBcoin and others are going to roll out their products and the first mover advantage will be squandered.
You seem to be missing the point of why we are here.
BTC is not first mover in the ...centralized payment systems or centralized currencies space. The systems you mention, if they are ever created, will compete with visa, paypal, etc: Centralized stuff.
Good point. Remember that bitcoin is actual value - all the others are just intermediaries for fiat. Paypal and Apple and the others never touch a red cent - they are just notification layers.
What? Bitcoin is not a startup?!
1705.
Post 13396712 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
Today's edition: Political Contributor to the Central Committee of the Inhibit Party of the Technical Consensus Union.
[00:08] <petertodd> bramc: but today we have a blocksize limit low enough that everyone has access to reasonably low orphan rates
[00:08] <petertodd> bramc: (remember that the networking code we have right now on the p2p network is *really* inefficient)
[00:09] <bramc> petertodd,
And the blocksize limit is staying down there, by design[00:09] <petertodd> bramc: what do you mean?
[00:10] <bramc> petertodd, The current 'plan of record' is for the block size to de facto go up by less than 2x with segwit and otherwise stay put, at least for now
[00:10] <bramc> For exactly that reason
[00:10] <petertodd> bramc: sure
Always cute.
Butthurt must be disorientating for 1MB4EVA being so vigorously advocated by bitorrent's creator.
1706.
Post 13427326 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.39h):
lol so now chartbuddy gone total shill and advertise yet another dead on arrival altcoin.
mods? banhammer time?
1707.
Post 13465513 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
bitcoin isn't gonna down deeper unless there are some of the major bugs in bitcoin.
Wait for the first roll-out of RBF. Not bugs per se, but new, unique gaming opportunities for the clever scriptwriters.
Mind you, they are in such a panic to rush this through, I'm sure there will be some fun bugs too.
RBF could be the 'killer-app' that the alternative clients need to gain traction. With less than 40% on the last core update, it will be interesting to see how many bother.
RBF seems to be a necessary ingredient for LN. Can anybody explain how?
No, LN does not need RBF. LN only needs BIP68, 112, and segregated witness
And I need a selfiestick, a kebab and a hammock.
1708.
Post 13465896 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
bitcoin isn't gonna down deeper unless there are some of the major bugs in bitcoin.
Wait for the first roll-out of RBF. Not bugs per se, but new, unique gaming opportunities for the clever scriptwriters.
Mind you, they are in such a panic to rush this through, I'm sure there will be some fun bugs too.
RBF could be the 'killer-app' that the alternative clients need to gain traction. With less than 40% on the last core update, it will be interesting to see how many bother.
RBF seems to be a necessary ingredient for LN. Can anybody explain how?
No, LN does not need RBF. LN only needs BIP68, 112, and segregated witness
And I need a selfiestick, a kebab and a hammock.
I have a salmon, a bag of toasted almonds and a rope.
Close enough?
Heh, could do.
Question remains tho: does bitcoin *need* LN and its baby forks armada?
I have ma popcorn basket ready.
1709.
Post 13465913 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
It is me or the images from the ChartBuddy are not appearing?
Blame it on the *unlimited* sized image.
1710.
Post 13480888 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
1711.
Post 13480936 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
1712.
Post 13480999 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
we got a serious choo here
1713.
Post 13484051 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Gavin 'backdoored' deep by USG.
1714.
Post 13515216 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
There was someone here who claimed he had a Coinbase account and he discovered a vulnerability in their site which he told them about and got paid for. He said he discovered another vulnerability, told them about it, then his account was closed and he was banned.
If he was telling the truth Coinbase was asking for trouble.
Nobody likes a clever dick.
I can't remember his bitcointalk username, but I found this post that could be about it.
Bitcoin exchange Coinbase has posted a comprehensive response to the recent bounty controversy. Yesterday, we first reported that the bitcoin exchange had surprisingly banned a user who helped them fix a vault bug that saved the San Francisco-based company from potential losses of millions of dollars.
Rob Witoff of Coinbase discussed the Company’s bug bounty program, which calls for a minimum of $100 reward for bringing coding bugs and possible exploits to notice. There is no higher end to the rewards as of yet, but identifying and demonstrating how Remote Code Execution vulnerability can be exploited leads the pack with a bounty of $10,000. The bitcoin exchange revealed that it has paid a total of $103,801 in bounties since beginning the program in 2013, and is even looking forward to expanding this program.
http://www.newsbtc.com/2015/12/22/bitcoin-exchange-coinbase-comes-clean-on-bounty-controversy/Coinbase told Newsbtc that it had never banned anyone for reporting a bug, but Newsbtc posted this message sent to someone who said he was banned for it. Nobody likes a clever dick, but Coinbase should swallow its pride and pay white hat hackers, not ban them.
So the bit coin is dead?
1715.
Post 13515740 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
lawl, so instead of honestly seeking for new altcoin names and parallel development, the new shit now is to come up with whatever adjective and append it to bitcoin to somehow faint innovation and catch some of the reddit shitlords herd??
1716.
Post 13516237 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Some dude thinks he can make some money from coming out with a catchy named altcoin.
Which explains why I don't see the point of this "innovation" xD
This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.
Consensus is already 'in' as per the block size: status quo.
In other words, forkers STFU or fork off.
1717.
Post 13516604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Some dude thinks he can make some money from coming out with a catchy named altcoin.
Which explains why I don't see the point of this "innovation" xD
This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.
Consensus is already 'in' as per the block size: status quo.
In other words, forkers STFU or fork off.
Don't worry hdbuck. Core will release larger blocks by the end of the year.
wanna bet?
1718.
Post 13531380 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
https://bitcoinclassic.com/soon we will have x different versions of Bitcoin. Bitcoin Classic, Bitcoin Real, Bitcoin Original, you name it.
honestly, better expect double digits and keep your wallets synced!
I doubt this "alt-bitcoin" will have enough consensus to be adopted.
bwahahah!! "miners:
marshall long" XD
This gavin is desperate with his USG blocksize forks.
#gavineries
1719.
Post 13531419 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
https://bitcoinclassic.com/soon we will have x different versions of Bitcoin. Bitcoin Classic, Bitcoin Real, Bitcoin Original, you name it.
honestly, better expect double digits and keep your wallets synced!
I doubt this "alt-bitcoin" will have enough consensus to be adopted.
The new versions of Bitcoin remind me of altcoins, and their proliferation might be as exponential. We only have a few now, but in a few months there could be thousands of different versions of Bitcoin. Each time I read this thread there's talk of a fresh new version of Bitcoin. Will they die quickly like most altcoins?
Scammers can't milk the altcoin cow no more. Must have a name with "bitcoin" in it to lure the noobs.
1720.
Post 13531489 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
1721.
Post 13536174 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over
Dont worry, Core are busy working on new and exiting features that will take your balance to zero, without the inconvenience of hanging your PC.
I officially now hate you - for making me laugh when I should not.
*kisses*
1722.
Post 13539945 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Your "nazi" slur becomes increasingly laughable as higher percentages (42!!!!) 27% of French citizens vote for FN.
Marion is an ass-kicker boot-licker like her grandfather and aunt; your clichéd Spartacist Undergraduate League rhetoric only makes her stronger.
fixed that for you, quisling.
27% translates to how many regional councils? 0. Null . Zero. Nada.yeah.
democracy.
1723.
Post 13540149 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
1724.
Post 13543623 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
What are people getting behind? There is no BIP, no whitepaper and no code yet .... Why not be reasonable and wait for the details to be released before agreeing to it and supporting it? All I can say right now is I support the idea of multiple implementations and respect some of the people working on that one ... that being said I cannot give an opinion till details are forthcoming. If it doesn't include segwit it is a no starter as well.
look at you forkers cherry picking one another.
1725.
Post 13543869 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
So now there's Gavin and Jeff behind it, plus the current #1 and #5 of the mining pools. Will be interesting to see how F2Pool, Bitfury and BTCC Pool react in the coming days.
oops
I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.
Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.I admire the flexibility of the scripts-in-a-transaction scheme,
but my evil little mind immediately starts to think of ways I might abuse it. I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.
That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...
1726.
Post 13561263 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.
NYTimes big fud:
http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1FUCK YOU HEARN.
PS/ and FUCK YOU GAVIN TOO.
I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.
Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.I admire the flexibility of the scripts-in-a-transaction scheme,
but my evil little mind immediately starts to think of ways I might abuse it. I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.
That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...
1727.
Post 13562604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
Just from interest, I ran this. The blue line is the free block space, the red line is when Satshi implemented the current block size limit.
Shitcoiners spamming the blockchain. Thank you satoshi for anticipating them!
PS/ and fuck you richy and your miserable fud attempts.
1728.
Post 13563731 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
This entire mess is stupid. It's not a choice between bigger blocks cock sucking OR better blocks anal stuffing. Do both.
FTFY
1729.
Post 13563784 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.40h):
How is increasing to 2mb as bad as increasing supply past 21m?
It is called a instigating a "precedent": if you can manage it for one protocol parameter, you can do it for everything else.
1730.
Post 13578625 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
So Core wont up the block size because it requires a potentially contentious hard-fork, and because we have to prepare for a fees market. Is this the size of it?
Pretty much.
You should sell and ragequit before it is too late.
You wont be able to spend the couple satoshis you got from faucet once the fees goes up..
1731.
Post 13578736 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
sAt0sHiFanClub - Without meaning to seem rude, you're coming across as a bit of a shill. Paid by any chance are you? This is the price speculation thread bro!
There are plenty of altcoin, Gavinista, big block, Hearn loving threads without desecrating this one too.
What? And not give you an opportunity to boost your penny ad-sig campaign with mindless, pointless interjections?
Not being rude - like.
Like I said, I hope you're being paid for your bigger block cheer leading. It'd be an awful waste of time & effort otherwise because we all know that every altcoin type of proposal gets hit out of the park. It'd be nice if you were getting paid for it - 'like'.
Thats lambie's gavinista alt account. Put him on ignore for a long time now. All his stupid accounts for that matter.
1732.
Post 13578820 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
sAt0sHiFanClub - Without meaning to seem rude, you're coming across as a bit of a shill. Paid by any chance are you? This is the price speculation thread bro!
There are plenty of altcoin, Gavinista, big block, Hearn loving threads without desecrating this one too.
What? And not give you an opportunity to boost your penny ad-sig campaign with mindless, pointless interjections?
Not being rude - like.
Like I said, I hope you're being paid for your bigger block cheer leading. It'd be an awful waste of time & effort otherwise because we all know that every altcoin type of proposal gets hit out of the park. It'd be nice if you were getting paid for it - 'like'.
Thats lambie's gavinista alt account. Put him on ignore for a long time now. All his stupid accounts for that matter.
Hello HDBUCK... you put me on ignore a long time ago too, and I am no paid shill, and I have no hidden agenda.... besides wanting to chime in from time to time....
Dont worry I unignored you a while too. You may be a bit gullible, yet you surprise me sometimes with good sense and humor.
1733.
Post 13581108 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
so now all the usual suspect XTrolls have become Classic trolls?
endless FUD, these useful idiots are getting led around like around stupid, docile beasts and they actually think they are doing the best by Bitcoin ... looks like another beating is needed for them to figure out who really has their best interests covered.
https://github.com/bitcoinclassic/bitcoinclassic/pull/6bitcoinclassic
kindof a joke...
I look forward to blocksize incress i have debated the issues for years now! i'v been on both sides of the debate ... cant wait!
wtf is this bitcoinclassicy thing?
lol wtv
And
this is your contribution to the debate? I think I may have overestimated some of you people.
sell your coins already. not gonna be able to afford the upcoming fee market.
1734.
Post 13584930 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
...
There is some poetic justice in the price tanking because of Mike's rage-quit and the block size war. There would have been no war and no rage-quit, if some segment of the community had not sided with Blockstream out of stupid greed -- because they imagined that Blockstream's plan would make the price of bitcoin go up, even though it meant giving up the very goal that motivated Satoshi to create it,and the only thing that justifies its existence.
Who cares about blockstream? And get we get pass this satoshi appeal to autority now? unless you are satoshi maybe?
As iCEBREAKER observed, Your big statist lie is that "Bitcoin was created to replace commercial banking, not central banking (as if the Genesis Text was about $2 ATM fees instead of TBTF bailouts)."
There is no ph0rk forthcoming, only desperate inflative reddit minions leapfrogging from ph0rk to ph0rk.
1735.
Post 13586535 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
And get we get pass this satoshi appeal to autority now? As iCEBREAKER observed, Your big statist lie is that "Bitcoin was created to replace commercial banking, not central banking."
Is a car a good way to cross the Atlantic? By plugging some holes and attaching some empty tanks at the bottom, a car may perhaps be made to float well enough to do it. But it will never be as good for that task as a boat. The reason is that, when the car was designed, every detail was chosen with one purpose in mind: travel on roads. If the purpose had been to travel across the ocean, almost every detail would have been different -- as one can see by comparing the car to any boat.
The point is: to tell whether some artifact is a good choice for some purpose, it is worth checking what purpose it was designed for. Sometimes a thing developed for one goal turns out to be very good, or even optimal, for some other goal; but those occasions are very rare. Almost always, changing the purpose requires a complete redesign, starting from a blank page.
Bitcoin was
not created to replace commercial banking or credit cards: it says that on the very first paragraph of the whitepaper. It was
not created to replace central banking either. Nor to be a store of value, a high-value settlement system, a micropayment system, a lucrative investment, a tool for illegal trade, etc.. In fact, its goal was not even to create a new
currency.
As it says everywhere on the paper, starting with the title, Satoshi s goal was to create
an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party
The bitcoin protocol is the best solution that Satoshi found to accomplish
that goal. All its parts were chosen with that goal in mind. If the goal had been something else, the design would have been different. Or he may not have bothered to create it at all: since there were already pretty good solutions for those other goals, but not for that particular one.
The new currency was created
only because Satoshi (and everybody else) did not know how to achieve
that goal with existing currencies.
Understanding the original goal helps one see that bitcoin is actually terribly inadequate for most of the other purposes. In particular:
Bitcoin is not a viable replacement for commercial banking, because it is too expensive, slow, unsafe, complicated -- and lacks many features that bank customers want, like ability to reverse payments, customer assistance, credit, deposit insurance, etc..
And its capacity is too limited: it is OK for the few legal payments where a trusted intermediary is not available or really undesirable -- which a normal person may need a couple times per year, maybe. It is totally insufficient for millions of people using it for all their payments (or, worse, for micropayments). Perhaps that much volume could be handled by off-chain solutions or some "overlay network" -- but then there is no reason to use bitcoin: banks and credit cards are already great "off-chain" solutions.
If Bitcoin cannot replace commercial banking, much less all payments with national currencies, then it cannot replace central banking either.
Bitcoin is not a viable a longterm store of value, because it has no mechanism to stabilize its value. (Even if it were truly scarce -- which it isn't -- there are plenty of things that are just as scarce but totally worthless.)
For its stated goal, it did not need such mechanism. All it needed was that the value would remain almost stable over a few days, between earning some coins and spending them in another payment. And its very use as a currency would endow it with some value, that would vary only slowly because usage would vary only slowly.
(Satoshi at one point refers to an hypothetical increase in usage of 20% per year as "crazy". If it had increased at that "crazy" rate, and bitcoin had not been turned into a pyramid investment schema, the price today should be less than 0.50 USD/BTC.)
as if the Genesis Text was about $2 ATM fees instead of TBTF bailouts
The most hilarious thing in the "bitcoin space" may be the belief that Satoshi was a libertarian and wanted to destroy banks, based
entirely on that single headline in the genesis block.
But the headline had a specific technical purpose, namely to prove that he had not been doing any pre-mining. That purpose required it to be a headline of a major paper published on that same day. So, which is less likely: that he patiently delayed the launch of bitcoin until a vaguely relevant headline came up; or that he rushed to launch the system when he saw that vaguely relevant headline on his newspaper?
Or perhaps he just picked up the newspaper that he had on his desk, and typed in its main headline?
unless you are satoshi maybe?
Let me say only that I am neither Dorian Satoshi Nakamoto nor Craig Steven Wright.
Funny how for someone not "believing" in bitcoin you still cling on religiously to what Satoshi intended/said/meant or not and based on a 8 years old WP.
Still a troll.
1736.
Post 13587876 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
Poor people debating their inabilities of letting go couple dollars fees for their groceries, hoping bitcoin and its technology cares about them. pathetic. ^^
1737.
Post 13589334 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
Funny how for someone not "believing" in bitcoin you still cling on religiously to what Satoshi intended/said/meant or not and based on a 8 years old WP.
As I wrote, it is not that Satoshi's words and ideas are "sacred", but they help understand why bitcoin is the way it is -- and see more clearly the features that may render it unsuitable for specific uses.
And, as I may have written many times, I could have loved bitcoin as it was in 2009: an experiment on a new kind of payment system, run by an open set of uncoordinated anonymous volunteers, stabilized by its incentives, etc.. But I cannot like the monster into which it has mutated.
I could like it again if it somehow returned to the original plan -- with 10 times as many users perhaps than it had in mid-2010, and with the price 10 times higher, at about 0.50 USD/BTC; bit without speculative trading, and without for-profit mining...
Ah so that's what it is all about.. sry you missed the train.
1738.
Post 13589627 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
i think, China in economic crisis. bitcoin prince will go 500$ in this month.
Not with Cryptsy going the Gox way. I will be happy if the price don't fall too much until the Cryptsy issue is solved
Has Gox issue been resolved?
1739.
Post 13607565 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
(There is an exchange in this forum, some years ago, where Greg says that the 1 MB limit is as sacred as the 21 M BTC limit, and he would not have put any time into bitcoin if Satoshi's design did not include it. Gavin then points out that the 1 MB was not in the original design, and quotes Satoshi's Oct/2010 post where he explains that the limit could be lifted when needed by a simple 2-line patch and a routine hard-fork release. I did not see Greg's answer. Considering that he has never answered Mike's "crash landing" post either, I assume that he just shut that fact too out of his mind, since it did not fit his convictions...)
This one:
https://bitcointalk.org/index.php?topic=140233.msg1492537#msg1492537Bitcoin is valuable because of scarcity. One of the important scarcities is the limited supply of coins, another is the limited supply of block-space: Limited blockspace creates a market for transaction fees, the fees fund the mining needed to make the chain robust against hostile reorganization
Maxwell is totally clueless about the economics of Bitcoin. It's scary to read that from a guy so influential.
The blocksize limit and the 21 million BTC are two totally different economic beast. It takes a very high degree of cluessnessless to confuse the two.
why is your pseudo frecnh blog not up anymore? your inputs are so valuable.. much clue, such bitcoin expert.
1740.
Post 13609681 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
ideally we'd see a dev team backed by VC money step up, promising all kinds of good things for Bitcoin, starting with an easy to agree to block limit increases.
when it comes to bitcoins dev team i am completely indifferent, i don't really care who writes the code as long as they are competent.
the way i see it they don't really have any power, the world gets what the world wants.
best of luck to classic, and shame on core for being so fucking slow in the head.
Wtf giving away bitcoin to some VC...
Kids really need to stop reading the social media bullshit.
1741.
Post 13609737 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
ideally we'd see a dev team backed by VC money step up, promising all kinds of good things for Bitcoin, starting with an easy to agree to block limit increases.
when it comes to bitcoins dev team i am completely indifferent, i don't really care who writes the code as long as they are competent.
the way i see it they don't really have any power, the world gets what the world wants.
best of luck to classic, and shame on core for being so fucking slow in the head.
Wtf giving away bitcoin to some VC...
Kids really need to stop reading the social media bullshit.
VC Devs or Core Devs, they really have no choice but to write wtv the fuck we want them to write.
the current situation shows how it's impossible for devs to go against our will
"Against our will"..
Maybe it is not too late to give it to R3 bankster consortium?!
It is not that core is slow, it is just that core
cannot. As it will go with any other unaligned client/dev/fork.
Anywa, what's the hurry? You really have to ph0rk bitcoin before the halving do you?
1742.
Post 13609930 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
ideally we'd see a dev team backed by VC money step up, promising all kinds of good things for Bitcoin, starting with an easy to agree to block limit increases.
when it comes to bitcoins dev team i am completely indifferent, i don't really care who writes the code as long as they are competent.
the way i see it they don't really have any power, the world gets what the world wants.
best of luck to classic, and shame on core for being so fucking slow in the head.
Wtf giving away bitcoin to some VC...
Kids really need to stop reading the social media bullshit.
VC Devs or Core Devs, they really have no choice but to write wtv the fuck we want them to write.
the current situation shows how it's impossible for devs to go against our will
"Against our will"..
Maybe it is not too late to give it to R3 bankster consortium?!
It is not that core is slow, it is just that core
cannot. As it will go with any other unaligned client/dev/fork.
Anywa, what's the hurry? You really have to ph0rk bitcoin before the halving do you?
there is a deadline. it not set in stone or anything, but at one point, the system will become slower and/or more expensive and getting everyone to agree to continue to use this increasingly
broken system when
alternative exists is going to be impossible.
but as i keep saying, there is still time and it won't come to that...
Oh fork you adam.
Such bullshit you are buying, it is amazing you've been around here for more than 3 years and have not learn anything besides clueless cheerful thinking.
Trusted bitcoiner my ass.
1743.
Post 13610030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
they'll be fine, it would be surprising to see them fuck up so bad that people choose to adopt a new dev team.
ever thought of joining some dev dating website/app?
1744.
Post 13610083 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
FORK IT bitchez!
ACK it all the way!
me GPU ready to rumble!
1745.
Post 13610103 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
Yeah, try getting miners to run that shit.
nah the nodes will. after coulpe week of diff adjustement, it will be fine.
1746.
Post 13610284 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.41h):
they should support both for a while, and then discontinue SHA2 once most miners are running SHA3 machines
The point is to threaten/injure the
miners corporations.
You forkers can move on with coinbase/blockchain/KNCminer/MIT/bitpay.
bubye
1747.
Post 13649743 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
the battle of the blockchains
how is it even a battle? I love bitcoin (first application of blockchain tech to create a money) and I don't see how these other efforts are competition at all. Banks want to keep their FIAT anyway, they're applying blockchain tech to other problems, like settlement of stock trade, tracking of asset ownership and the like. I applaud them because it can make the financial sector more efficient and above all: more transparent and therefore safer.
Trippin balls i see..
1748.
Post 13665349 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
Right now it is not the block size that needs to be increased. It is the tx fees that need to be increased!
If you increase transaction fees you decrease the number of transactions, so you don't increase the total level of transaction fees.
By increasing the blocksize there is more transaction with constant transactions fees => total level of transaction fees increases.
But with your logic reasoning, the plebs can use Bitcoin as well. No, one must limit the block size so in the end only banks can afford to use it. If you like to make cheap transactions, please use one of the many centralized options available.
Not sure if serious.
Forgot the /s again, sorry about that.
Or did I?give that champ a nickel!
I am not paid for my forum activity but I welcome anyone who wants to finance me.
1749.
Post 13671495 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
i see blocksize fighting is still flooding all the threads ...
opponents of bitcoin will not ...
their incentive to fight seriously is low. they yawn. ...
Unless blocksize fighting isn't (in a part) actually their fight.
Everything mainstream and involving social engineered populist/socialist (fascist?) tactics is an attack from TPTB over Bitcoin.
1750.
Post 13671813 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
When bitcoin fall $350 again?
Any guess ?
There might be some supports around 360, then 320, then.. doom?!
1751.
Post 13672078 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
2m vwap at 410$, not quite oversold.
1752.
Post 13684291 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
I think btc will boom in the near future.
Look at the altcoin market people.
I think shit is gonna hit the fan soon.
i just do not see how bitcoin can do anything if it can't scale.. right now i am trying to figure out how cutting the mining of coins will make a difference if bitcoin cannot scale. last year we were talking about this scaling issue was supposed to be fixed early this year.. we are moving into February and where's the fix ?? bitcoin is worth $400 even though it cant scale ..
Sorry if I seem stupid but... What do you mean about scaling? The fact that blocks are full?
bitcoin cannot continue to grow because it cannot handle the additional traffic . #gimpcoin
Such broken thinking. What are you still doing around? Sell now.
1753.
Post 13684634 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
10 cents is a lot, I think.
pfahahaha, poor kid.
One thing I don't understand. If big blocks are such an issue for Chinese miners, why don't they refuse to include tx with too low a fee?
That one is gold too. Time to go to bed peterpan.
1754.
Post 13690489 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.
Blockstream is moving rapidly on segwit, sidechains, and Lightning. They are meticulously preparing Bitcoin to be carefully scaled ASAP.
Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.
And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.
Whine about it all you want. Nothing you do can move our Honey Badger's needle one iota. You have no power here.
I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6nAs for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..
WHat you think?
1755.
Post 13690684 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.
Blockstream is moving rapidly on segwit, sidechains, and Lightning. They are meticulously preparing Bitcoin to be carefully scaled ASAP.
Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.
And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.
Whine about it all you want. Nothing you do can move our Honey Badger's needle one iota. You have no power here.
I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6nAs for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..
WHat you think?
If he was able to think, he would not be the good old iCE.
Classic is coming, like it or not. The alternative is to go down with a ship full of corecoins or popescucoins.
As you clearly you lost any ability to think, it would still be appreciated that you mind your manners and do not answer a question that is not being asked to you.
1756.
Post 13690823 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.
Blockstream is moving rapidly on segwit, sidechains, and Lightning. They are meticulously preparing Bitcoin to be carefully scaled ASAP.
Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.
And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.
Whine about it all you want. Nothing you do can move our Honey Badger's needle one iota. You have no power here.
I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6nAs for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..
WHat you think?
Sigs aren't being excised from the Holy Ledger, merely segregated from tx.
That makes the Holy Leger more secure by patching up some outstanding maintenance issues. The tps bump is just a nice side effect.
I trust the BIP process will work out any bugs with segwit and sidechains. So far, so good.
Eh, to me they are introducing further points of failure and security breach (centralization, 3rd parties, etc...) whilst over-complexifying Bitcoin's code.
I'd rather have efficient (transparent?) off chain solutions to scaling as it will necessarily lead to centralization.
I just don't like my money being forked to please the social media and their mass adoption coffee cups urges.
"Wouldn't it be extremely inefficient to copy every single coffee purchase on everyone's computer?"
https://www.reddit.com/r/Bitcoin/comments/42tcqm/eli5_wouldnt_it_be_extremely_inefficient_to_copy/
1757.
Post 13692045 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
Do people have insider information on Eth? --
It appears the entire black market / shady soviets are moving to altcoins till post-bitcoin classic armageddon is resolved with a single chain.
Moving to altcoins...that aren't named Monero! Why XMR and ETH only alts in deep red today? So crazy.
Is it International Pump A Shitcoin Day? yup, dow is bouncing.
ps: thx for the inputs above, red the segwit faq since it came out, yet still not convinced, i'd rather have my money secured by lean code.
1758.
Post 13702200 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
So kiddies, let's review:
What are the elements of a four punch raid?
Crash (to $352)? check
Bounce? check
pause? check
Spike (to $428)? check
second bounce (at $371)? check
so what's left? oh, that's right. A gradual loss of all upward momentum leading to the next crash.
Price can't go up because the threat of a hard fork. Even a non-contested fork would cause dump till it's over.
yup. fucking forkers.
1759.
Post 13732415 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
There's really only two outcomes without a higher or removed max block size: stagnation or network congestion failure.
Like you don't need a gun to kill an ant, you don't need bitcoin to buy your damned coffee. Bitcoin is for gentlemen's transactions. Capisc?
As this block size debate clearly shows: gentlemen don't use Bitcoin.
I assumed we all had our butlers manage our day-to-day financial affairs. Dear god, did you people think I actually dirtied my hands with 1s and 0s? These silk gloves are white for a reason.
Hence my lack of participation in the block size debate: it's frightfully dull, I would need to associate with the hoi polloi, and if BTC goes south I'll simply sack my butler. (Sorry, Woodhouse).
when in debate, don't.
translated into bitcoin code is status quo.
1760.
Post 13736720 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
The one island of intelligence, the old gold thread, was committed to the memory hole for grievous thought crimes… for your protection.
So i see.. you in love with cypherdoc scammer? Having weird dreams involving peter r and one of his big black gif?
FFS you are so lost. Trusting
these people.
Luckily you and you protectors can go suck up on your mediocrity on some unsensored ships paradise.
1761.
Post 13736929 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
Even the banksters gets it that bitcoin is settlement layer, not freeshit transactions VISA competitor.
1762.
Post 13736986 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
It is not decentralization that is above all. It is security.
Combined with cryptography, decentralization is just a mean to an end.
1763.
Post 13745129 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
bitcoin is going down, because social media wants to commit ph0rk.
see you down there n00bs.
1764.
Post 13746779 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability.
They don't say this will break bitcoin, just that it can be a portal to install malware.
lol, no. nonoononono.
1765.
Post 13746985 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.42h):
Scary... http://www.coinfox.info/news/persons/1733-kaspersky-lab-researcher-creates-virus-that-can-spread-through-the-blockchain
March 2015
Unless the exploit has been fixed, that doesn't change the fact that it is a security vulnerability.
They don't say this will break bitcoin, just that it can be a portal to install malware.
lol, no. nonoononono.
Did I misread? Please correct me then.
See comments. Not a real threat.
https://securelist.com/blog/research/69488/blockchain-technology-abuse-time-to-think-about-fixes/What, it's not executable? Then what the fuck are they writing about. Jezus.
EDIT: I thought they had found some ingenious way to make bitcoin software execute malware, turns out it is just some dipshit who wants media attention doing nothing at all.
just look at the author's profile picture
fucking movie star!
1766.
Post 13767695 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
RIPPLE .
Hey - remember back when Ripple's market cap was greater than Bitcoin's? Yeah - those were the days.
I read a CoinDesk story about ripple today and there was a footnote saying the company that owns CoinDesk is an investor in the company that runs ripple. That's news to me. I have read loads of CoinDesk stories about ripple and I always thought they were unbiased. If I'd known CoinDesk was a ripple investor I wouldn't have taken those stories at face value.
CoinDesk was recently acquired by another company.
Barry Silbert his company (DCG)
Barry is also one of the most prolific angel investors in the bitcoin space via his personal investment vehicle, Bitcoin Opportunity Corp., with investments in over 40 bitcoin-related companies, including BitGo, BitPay, BitPagos, BitPesa, Chain, Circle, Coinbase, Gyft, Kraken, Ripple Labs, TradeBlock, Unocoin and Xapo.I just dont understand where does this silbert come from..
Out of the blue, that mofo basically owns ~every major bitcoin company.
http://dcg.co/network/
1767.
Post 13776752 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
The routing problem is further complicated because they don't only want to route transactions. They want to take a slice and collect a fee for doing so. This is a fee that will come directly out of the pockets of miners and will make Bitcoin less secure.
Blockstream hobbles bitcoin, gives it a crutch and then tries to take credit that it can walk. If Core loses their position as reference client developers, they should try a career in government.
Greg would make a pretty good banker. Why not give it a try??
hearn beat him to it.
1768.
Post 13776957 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
The routing problem is further complicated because they don't only want to route transactions. They want to take a slice and collect a fee for doing so. This is a fee that will come directly out of the pockets of miners and will make Bitcoin less secure.
Blockstream hobbles bitcoin, gives it a crutch and then tries to take credit that it can walk. If Core loses their position as reference client developers, they should try a career in government.
Greg would make a pretty good banker. Why not give it a try??
hearn beat him to it.
Always room for one more.
Garzik seems on his way.
1769.
Post 13793952 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
1770.
Post 13804074 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
I'd rather see some mayhem in this market first.
Let's bump the limit and see what happens.
Nobody wants to deal with this problem once this is a gazillion trillion market.
Bump this shit now, see what happens and act accordingly.
Just like you let your kids get all kinds of bacteria through playing with dirt and putting everything in their mouth.
Kids have to get sick first so they will be resilient as an adult.
If you prevent your kids to get sick by putting them in sterile surroundings, they'll die soon when they grow up...
^^The Truth.
Bitcoin ain't for kids.
1771.
Post 13804111 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
I'd rather see some mayhem in this market first.
Let's bump the limit and see what happens.
Nobody wants to deal with this problem once this is a gazillion trillion market.
Bump this shit now, see what happens and act accordingly.
Just like you let your kids get all kinds of bacteria through playing with dirt and putting everything in their mouth.
Kids have to get sick first so they will be resilient as an adult.
If you prevent your kids to get sick by putting them in sterile surroundings, they'll die soon when they grow up...
^^The Truth.
Bitcoin ain't for kids.
Bitcoin
is a kid, right now...
Meh, WTF? do not conflate "infancy" with plain "teenage" whims.
There will be no governance/inflation coup instigating a "precedent" because some loud random social spammers want it so.
Coercive consensus breaking "upgrades" will fail because bitcoin is open source opt in software.
1772.
Post 13804867 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Segwit gives the same capacity increase as your hard-fork,
Segwit is accounting fraud. It actually has higher bandwidth demand than a simple blocksize bump of equal effect.
but it is opt in, so no biggie if you dont want it.
1773.
Post 13805992 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
... let the DDOSing begin now that techignorati who use binaries because they can't build from source are wandering stupidly into the badlands. tally-ho
And that pretty much sums up your scumbag attitude. I bet you have giftcards for sale too, paid for by stolen credit cards. You are a real asset to the core-devs, a like minded fellow traveler.
Don't blame the messenger.
It's just reality that Bitcoin cannot be DDOSed but Classic can and will be. The antifragile project deserves to live, the wimpy fork does not.
Better post here while you still can. I expect your ISP will be nuked from space shortly after you turn on your obnoxious Classic troll node.
When you phone in to cry to customer service, be sure to tell them you were running a server on your residential connection, and that server effectively painted a giant target on their back(bone).
Scumbag tactics, so you are no better than a scumbag, right? Should we expect anything better from you?
Its just an example of the low-lifes that core devs now associate themselves with.
How is your plan for removing the need to hold bitcoin to use the Immutable ledger going?
Heh, you cant hold the argument, so its dDos...
no one can control bitcoin, no one can control forkers, no one can control ddosers.
1774.
Post 13806023 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Heh, you cant hold the argument, so its dDos...
A successful ddos of Classic demonstrates the validity of arguments of the form "
Core is antifragile and deserves to live; Classic is brittle and deserves to die."
Cant beat the free market competition.
1775.
Post 13814495 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
I have an idea!
We all know how this story ends: the stupid selfish bitch (gavin) not caring about the baby cut in half gets nothing but cryptoshame.
1776.
Post 13815236 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
It is only because of politics that people will not like Classic.
Classic is just Core with at 2mb block size limit.
As long as that statement is true I will support it. I supported XT also until Hearn added blacklisting code to it.
Core with at 2mb instead of 1mb limit is a good idea. That's just math/logic. Not politics.
I will be sure to upgrade my node (yes, I still actually run a full node) when it is fully released (as long as there are no other changes snuck in!).
No, it is politics. The question whether Bitcoin should be a settlement system or a P2P electronic cash system is a political question. The question whether the supply of transactions should be left to the free market, or should be planned by a central committee is a political question. By upgrading to max. 2 MB blocks, you voice your opinion that there should be no shortage of possible transactions at this point in time of the development of Bitcoin.
I'm obviously not a developer but I don't see a problem with 2mb to solve the fact that we're hitting 100% capacity already. Segwit sounds like it will be good too. But I'll leave that to the developers. I'm open to upgrading to 2mb when that comes out to fix our current problem. I'll upgrade to segwit when that soft forks.
Hum so, basically you just go for anything strangers tells you to, putting literally YOUR money at risk at every corner??! just wow.
1777.
Post 13815664 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Hum so, basically you just go for anything strangers tells you to, putting literally YOUR money at risk at every corner??! just wow.
No, that is called "Supporting Core".
And its not YOUR money anymore - Its AXA/Horizons. So be careful you dont get it grubby with your filthy hands before they can collect it via LN.
Thank You.
Don’t forget Moneta. Whatever the hell they are.
https://bitcointalk.org/index.php?topic=1305286.msg13810512#msg13810512i wouldnt go hysterical over that. the community can fork to 2MB, core follows and everybody is happy. classic is not even close when it comes to further development.
I sort of agree, but I am curious to see what happens in the Core camp when they realize they're working for an alt implementation. May be enough defections for there to be no need to turn back.
You Noobs know there is not only core out there right? About 2k nodes running other versions. And no, im not talking about the xt/classic spv aws spoofed nodes.
1778.
Post 13819254 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Western exchanges want to crash, but Huobi and other Chinese don't follow (yet).
nothing wrong, just yuan devaluation extension in btc world.
1779.
Post 13828516 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
classic supporters ... don't understand Segwit, and have a low comprehension ...
... of pretty much anything, I presume. Thanks for your honesty!
I do indeed see more misinformation from forums and reddit locations that promote Classic. It isn't fair to label all classic supporters as naive however , there are many valid reasons I can argue to support their positions , even though I disagree with their direction and manner of deploying a hard fork.
They are either liars or retards. Admit it.
1780.
Post 13828763 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
What's to stop the Classic team from implementing segwit? AFAIK the coding is mostly complete, and publicly available.
The Classic team depends on their brainwashed superstitious cargo cult for support.
That cult's totem and taboo structure worships larger blocks and despises any innovation supported by Core.
Classic doesn't even have RBF (Because Controversial). They only accepted CLTV because somebody called it OP_HODL.
There's no way they will admit segwit is a good idea, because it was proposed by Evil Blockstream People.
They dont even support larger block per say, they just want to hardfork bitcoin and break consensus.
1781.
Post 13828915 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
This bitcoin hard/soft-fork business gets moALL GLORY TO THE HYPNOTOAD
~Davout
1782.
Post 13828952 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Besides any potential Agent Provocateurs I would suggest that all of them do indeed want bigger blocks. Classic supporters are merely the immigrants from XT and unlimited failures. Their 2 main motivations from what I can tell are "Firing" blockstream devs out of spite and raising the blocksize.
Hopefully, they will get over any past grudges once this is over and understand that many of us do indeed want larger capacity improvements as well as them and most of our goals are aligned with theirs.
meh, who gives aheck about noobs not caring for bitcoin's consensus, network integrity and security above all?
If only they would have forked off already..
hey kids, it's forking day! lets do this naooooo!
1783.
Post 13829278 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible
1784.
Post 13829527 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible
Partially true, but misleading.
Once 95% is reached , any nodes not upgrading will still be able to use bitcoin on their outdated implementations/wallets , but will no longer validate the new segwit signatures which they already would not create themselves or have paid to them, or pay attention to until confirmed.
So essentially those that choose not to upgrade to segwit, validation will remain the same with old tx's , they just cannot validate segwit tx's which they can accept but won't verify until confirmed.
1/ "Once 95% is reached" arf arf arf you go first.
2/ Validation? like in accepting segwitted transactions? hoohohohoho..
1785.
Post 13829797 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
I will gladly upgrade and you can stay on your old implementation and pay a higher fee than me , thus it is backwards compatible.... but be advised to wait for confirmations on segwit tx's as your old wallet will have degraded security with regards to those tx's.
Will you be creating an implementation to reject segwit tx that are even confirmed?
Who said anything about confirmation or fees?
Obviously people not upgrading would not want their coin transvestites by whatever some random dev manages to push down the Protocol's throat.
You know mined coins have a higher value than what the shady - for 'teh mass' - exchanges might offer?
Honeybadger, never sleeps. At some point, unused or unforked coins will worth much more, just the same as gold's 'purity' carats.
Except not backward compatible.
1786.
Post 13840775 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
ETH is seeing the bubble meant to be for bitcoin. Everybody is "waiting for the consolidation" to get in...
Sounds familiar!? > ETH is 2011 all over again.
Just wait for when they'll dump back into bitcoin.
1787.
Post 13841589 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
the price is getting to grow right now a little bit i wonder how will the classic release affect the price
Don't worry it won't ^^
There is no reason for the release of btc classic to affect the price!
Only the size issue will affect the price right now.
This ^^, and I'm relatively confident that lots of bitcoiners will buy back in when we successful hard fork away from the PwC partnership to limit Bitcoin block size. Once that blockade is broken the sky's the limit.
lol, now its PwC partnership that limit the blocksize? watta looser.
1788.
Post 13851155 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
but.. but technology must go forward for bitcoin to scale to 100GB block size
1789.
Post 13851977 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Yea it might not be in the mainstream media but the world is really at the edge of something really really bad.
Hopefully the ruling persons do not make fatal decision.
If the retard Saudis want to start a World War, leave them alone and let them be crushed by Russia.
Also I guess the recent drop in Stocks / Spikes in Gold are just the beginning. There is much much more downside in the stock markets.
I mean the S&P500 was at 700 points at the financial crises in 2008. So if this strikes we could see over a 60% drop. This will likely get much worse then in 2008.
Wars can be a strange dynamic, and sometimes can really
distract from internal and/or economic turmoil....
Let's just have a little war to divert our attention.
more of a solution than a distraction.
1790.
Post 13858475 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Looks like the classic nodes are stalling, will be difficult to achieve a majority of classic nodes.
Hopefully the discussion will lead to an upgrade of core to bigger blocks as well, and preferably before the segwit introduction and more importantly soon...
Will the classic and core be able to co-exist?
Yes, if they both allow 2 MB blocks, why not, they currently do for 1 MB blocks.
As long as classic and core can handle 2 MB blocks whenever miners start mining 2 MB blocks, it should be fine.
Of course it also depends on the version all nodes are running, if most nodes stay on a 1MB version, then there will be a problem, once miners start mining bigger blocks. It is essential for the network to upgrade to the new bigger block versions (classic and core), otherwise there will be a fork.
However a fork will never happen, since I do not expect miners to start mining bigger blocks before a significant part of the network has switched to the new versions. Unfortunately, bigger blocks will only happen if core introduces bigger blocks as well.
So let's wait and see.
My classic node (vote for bigger blocks) is still running....
Well well, seems you figure it all out.
"Increase blocksize limit -> Potential Exponential"
"The blocksize limit should be big enough to enable mass adoption / potential exponential growth."
Braindamaged?
1791.
Post 13859397 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
Looks like the classic nodes are stalling, will be difficult to achieve a majority of classic nodes.
Hopefully the discussion will lead to an upgrade of core to bigger blocks as well, and preferably before the segwit introduction and more importantly soon...
Will the classic and core be able to co-exist?
Yes, if they both allow 2 MB blocks, why not, they currently do for 1 MB blocks.
As long as classic and core can handle 2 MB blocks whenever miners start mining 2 MB blocks, it should be fine.
Of course it also depends on the version all nodes are running, if most nodes stay on a 1MB version, then there will be a problem, once miners start mining bigger blocks. It is essential for the network to upgrade to the new bigger block versions (classic and core), otherwise there will be a fork.
However a fork will never happen, since I do not expect miners to start mining bigger blocks before a significant part of the network has switched to the new versions. Unfortunately, bigger blocks will only happen if core introduces bigger blocks as well.
So let's wait and see.
My classic node (vote for bigger blocks) is still running....
Well well, seems you figure it all out.
"Increase blocksize limit -> Potential Exponential"
"The blocksize limit should be big enough to enable mass adoption / potential exponential growth."
Braindamaged?
There is a huge surge in industry giants entering the blockchain technology, private as well as public blockchains.
These companies already have the infrastructure, marketing budget, user trust, experience, etc., in order to bring a new technology/product to market and bitcoin is in essence competing with these companies. Any system limitation of the bitcoin network will be a competitive disadvantage. As with any new successful technology, there will be a period of mass adoption and the one who reaches critical mass first will be the leader.
However; if user adoption starts to grow beyond the capabilities of the bitcoin network, then there will be no possibility to reach this exponential growth and critical mass. That is why the network should be able to scale when needed for mass adoption to happen.
If not, then you might loose out to these industry giants, and this might happen sooner than you expect.
iI you do not agree, then please explain why...
I stopped reading at "industry giants entering the bl0ckchain tech0l0gy".
1792.
Post 13865902 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
I'm well aware of the Chinese cultural deference to authority. With so much Bitcoin activity in China now, it make it far less attractive as an investment.
Which is what makes the statements from some Classic supporters so ridiculous, they first want to replace 45 developers from many backgrounds and many different companies with 5 devs from 2-3 companies, than when that fails they threaten to sell their BTC for ETH which is controlled completely by 1 dev ... all because they "distrust authority." Perhaps the reality has nothing to do with decentralization of development (There always has been multiple implementations with different dev teams) , but a fixation of growing fast and ignoring all concerns along the way.
That's not true at all. We want developers who care what their customers want. It's as goddamn simple as that. We want people who are competent enough to respond to the people who buy coins and keep this whole thing going.
If the other hodlers are ok with an intentionally inefficient network, then that's their call. I am tired of arguing.
You, BullyJA, are tired of arguing because you have no more arguments, except to push disinformation and threats and other nonsense.
That was a very nice summary BitUsher...
haahahaha... these goofballs trying to argue that core is too centralized.. what baloney...
YES... I agree that scaling needs to take place and we need to make sure that segwit allows for greater efficiencies and then also there may be a need, down the road to increase the blocksize.. and until then, let's keep going with the core roadmap.. and we should be able to see price appreciation and further adoption while maintaining a considerable degree of decentralized decision making... further development, adoption and consensus (even while sometimes there is some differences of opinion).
Maybe this weekend we will see some further price action in the upward direction? if not by the end of the weekend, we should be in a fairly decent place, no?
I don't even..
"We want developers who care what their customers want"
1793.
Post 13866012 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.43h):
meh, no kidding.
I am also watching with interest the debate within the Bitcoin community about the block size limit. (To be clear, the government is paying attention to that debate but are not participating in it.) This is a challenge to Bitcoin’s governance model, because it requires the community to come to a consensus on an issue where there seem to be high stakes and plausible arguments on each side.
status quo is the winning strategy. let them financial system panic.
1794.
Post 13872855 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
1795.
Post 13873030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
monero pump is getting serious...
+47% in 24h
+183% in 72h
and keep pushing. Finally it´s working
Well, yeah. Everybody is giving up on Bitcoin because now we know the miner cowards will not challenge Core even when their customers demand it.
I love the false posturing of people threatening to buy Monero or Ether. ...
False posturing don't move the price like that.
when do you give up on bitcoin exactly?
1796.
Post 13873165 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
...
when do you give up on bitcoin exactly?
'Soon as I trap the last of you pesky critters...
ah i see, you are on a mission or something.
1797.
Post 13873242 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
monero pump is getting serious...
+47% in 24h
+183% in 72h
and keep pushing. Finally it´s working
Well, yeah. Everybody is giving up on Bitcoin because now we know the miner cowards will not challenge Core even when their customers demand it.
I love the false posturing of people threatening to buy Monero or Ether. This only is a valid threat if a real crisis is ongoing instead of a manufactured one. Any investment in these alts is a large gamble that people are free to make. The rest of us are focused on trying to improve bitcoin for the longterm success and not some sort term patch with strings attached.
We tried a long term fix but you smallblockers killed it. Now you are criticizing us for trying to do what we can? FUCK YOU! It's not false posturing. SOMEBODY is buying Monero.
now go on kid, buy monero and exit bitcoin.
you wont be able to fork it, 1MB 4EVA.
1798.
Post 13873604 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
ah i see, you are on a mission or something.
More like a pleasant way to pass the time. Like plinking rats with a .22, but sans the moral ambiguity.
sure.
1799.
Post 13889091 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
pretty awesome that bitcoin resisted human induced inflation.
1800.
Post 13889176 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
pretty awesome that bitcoin resisted human induced inflation.
That's not even close to an accurate description of what happened. Cripplecore is resisting taking some armor off the truck to allow more cargo capacity. As a result we have an $8/transaction network. Good luck winning any races with that.
there is no race, there is not only core, there is no governance.
bitcoin is here to stay and is
the reference in regards to security and store of value.
time is on our side here, let the clowns chicken run behind their pipedreamed blockchain technology..
1801.
Post 13889967 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Is Blockstream working on one of those Turing complete scripting languages for smart contracts as a sidechain at all? Are they in competition with Ethereum?
imo, there is no need for a turing complete stack language for specialized use cases like smart contracts. this is bullshit and is coming from ethereum fanboys. security is the first target all other targets have to follow.
ethereum is a hype whithout a single proof in the wild so far.
I would say there is a use for that, that you're a bit harsh on eth here ^^
But that would be really strange to use btc for that.
No need to complexify and corrupt the security of btc.And this is why i'm neither a proponent for the segwit softfork.
I'm sorta tired with the upgrade rush.
Bitcoin is not a sprint, it is a marathon.
1802.
Post 13890309 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
There's plenty of code, there's plenty of stubbornness, there's not enough analysis. The block size problem should have been dealt with two years ago. And if someone had done the legwork back then it would have been done two years ago. The one project trying to do this kind of stuff, ledgerjournal.org, is run by a fairly controversial member of the community. His project needs to be strengthened and there also needs to be different voices on the scene. If you want to make a difference in Bitcoin then this is a good entry point.
I didn't know about ledgerjournal, thanks.
ledgerjournal is run by a charlatan.
bitcoin could not care less about academics circlejerkers
1803.
Post 13890479 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I don't necessarily disagree with you that there will be people that want more than 21m coins.
An argument like that will never be presented "we want more coins and high inflation for the lolz".
It will be presented as "we want cheap txs".... Arguments like
"People want cheap txs, who are you to stop that".... Populist bullshit like "bigger blocks" and the "dangers" of "fullblockalypse".
There is no comparison between a hard fork to raise the blocksize and a hard fork to increase the 21 milion cap on supply. The former is a minor property that almost everyone agrees will need to be changed at some point. I owned Bitcoins for years before I even know there was a max blocksize. I knew of the 21 MM limit before I bought my first coin.
A slippery slope argument is a logical fallacy.
https://en.wikipedia.org/wiki/Slippery_slopeDude increasing the 21 M limit and increasing the block size is the same thing.
What? Whaaaaaat?
I'm clearly not aware of that! What are you talking about? What's the link between block size and coins cap?
It is called instigating a _precedent_, changing a protocol parameter such as the 21M limit is 1 line of code, just like the blocksize limit.
Anyway, glad to see that such governance coup is impossible and that nobody, not even core can do anything about it.
1804.
Post 13890726 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I don't necessarily disagree with you that there will be people that want more than 21m coins.
An argument like that will never be presented "we want more coins and high inflation for the lolz".
It will be presented as "we want cheap txs".... Arguments like
"People want cheap txs, who are you to stop that".... Populist bullshit like "bigger blocks" and the "dangers" of "fullblockalypse".
There is no comparison between a hard fork to raise the blocksize and a hard fork to increase the 21 milion cap on supply. The former is a minor property that almost everyone agrees will need to be changed at some point. I owned Bitcoins for years before I even know there was a max blocksize. I knew of the 21 MM limit before I bought my first coin.
A slippery slope argument is a logical fallacy.
https://en.wikipedia.org/wiki/Slippery_slopeDude increasing the 21 M limit and increasing the block size is the same thing.
What? Whaaaaaat?
I'm clearly not aware of that! What are you talking about? What's the link between block size and coins cap?
It is called instigating a _precedent_, changing a protocol parameter such as the 21M limit is 1 line of code, just like the blocksize limit.
Anyway, glad to see that such governance coup is impossible and that nobody, not even core can do anything about it.
Ah ok what he means is not that block size would mean more than 21millions coins but just that both are an important part of btc that shouldn't be changed.
So what do you do about the increasing adoption then? You just stop people from using btc?
Increasing adoption has nothing to do with blocksize cap, but the *trust* in the system to prevent any politicized human interference.
Adoption will follow the need to bypass traditional financial systems, even if it become more expensive to do so (it obviously should).
Nobody is forcing anyone in or out of bitcoin.
But by using Bitcoin you have abide to its protocol, and that is all.
1805.
Post 13891580 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I don't necessarily disagree with you that there will be people that want more than 21m coins.
An argument like that will never be presented "we want more coins and high inflation for the lolz".
It will be presented as "we want cheap txs".... Arguments like
"People want cheap txs, who are you to stop that".... Populist bullshit like "bigger blocks" and the "dangers" of "fullblockalypse".
There is no comparison between a hard fork to raise the blocksize and a hard fork to increase the 21 milion cap on supply. The former is a minor property that almost everyone agrees will need to be changed at some point. I owned Bitcoins for years before I even know there was a max blocksize. I knew of the 21 MM limit before I bought my first coin.
A slippery slope argument is a logical fallacy.
https://en.wikipedia.org/wiki/Slippery_slopeDude increasing the 21 M limit and increasing the block size is the same thing.
What? Whaaaaaat?
I'm clearly not aware of that! What are you talking about? What's the link between block size and coins cap?
It is called instigating a _precedent_, changing a protocol parameter such as the 21M limit is 1 line of code, just like the blocksize limit.
Anyway, glad to see that such governance coup is impossible and that nobody, not even core can do anything about it.
But that precedent already exists, since the max blocksize was lowered from 33 MB to 1 MB in mid 2010. Hence, instigating a precendent is not a valid argument.
satoshi himself did it, and not without taking into consideration the huge risks such fork event would bring.
luckily the network was small enough and the consensus was overwhelming back then.
besides he did it to prevent spam and limit the transaction overflow attack vector, and as far as i am concerned nothing changed so far.
thinking you can now contentiously change the protocol without causing a network split, hence damaging it along with its value, is utter delusion: money is at stake here.
it is not that core devs or blockstream or whatever do not want to do it, it is more like they know they can't succeed at doing it.
time to move on.
1806.
Post 13891673 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
...
Learn to read, limited supply and utility.
Limiting
supply of money makes sense (if unlimited = worthless).
Limiting
supply of monetary transactions only makes sense if you're crazy, because reduces the utility of money.
tell that to the central bankers and their cashless society wet dream.
1807.
Post 13891722 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Basically if you are not happy with bitcoin feel free to fork off into whatever altcoin you deem useful or valuable, you surely can migrate to some blockchain technology 2.0 vaporware.
Nobody is forcing you to use bitcoin, nobody cares about what you want.
You are free.
1808.
Post 13891889 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I don't necessarily disagree with you that there will be people that want more than 21m coins.
An argument like that will never be presented "we want more coins and high inflation for the lolz".
It will be presented as "we want cheap txs".... Arguments like
"People want cheap txs, who are you to stop that".... Populist bullshit like "bigger blocks" and the "dangers" of "fullblockalypse".
There is no comparison between a hard fork to raise the blocksize and a hard fork to increase the 21 milion cap on supply. The former is a minor property that almost everyone agrees will need to be changed at some point. I owned Bitcoins for years before I even know there was a max blocksize. I knew of the 21 MM limit before I bought my first coin.
A slippery slope argument is a logical fallacy.
https://en.wikipedia.org/wiki/Slippery_slopeDude increasing the 21 M limit and increasing the block size is the same thing.
What? Whaaaaaat?
I'm clearly not aware of that! What are you talking about? What's the link between block size and coins cap?
It is called instigating a _precedent_, changing a protocol parameter such as the 21M limit is 1 line of code, just like the blocksize limit.
Anyway, glad to see that such governance coup is impossible and that nobody, not even core can do anything about it.
But that precedent already exists, since the max blocksize was lowered from 33 MB to 1 MB in mid 2010. Hence, instigating a precendent is not a valid argument.
satoshi himself did it, and not without taking into consideration the huge risks such fork event would bring.
luckily the network was small enough and the consensus was overwhelming back then.
besides he did it to prevent spam and limit the transaction overflow attack vector, and as far as i am concerned nothing changed so far.
Except that there's hardly any block space left for the spam attack vector. By doubling the max blocksize now we go back to the situation of 2014 regarding that attack vector.
fact checking: ~0,6MB on 7d average
https://blockchain.info/fr/charts/avg-block-size?timespan=2year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=and there'd still be spam in it, because low transaction cost.
And we've seen how efficient the limit was during the spam attack this summer.
https://tradeblock.com/bitcoin/historical/1d-f-txval_per_tot-01071-blksize_per_avg-01071thinking you can now contentiously change the protocol without causing a network split, hence damaging it along with its value, is utter delusion: money is at stake here.
it is not that core devs or blockstream or whatever do not want to do it, it is more like they know they can't succeed at doing it.
time to move on.
The Core devs are the only stakeholder that resist raising the max blocksize. That last (bold) line is totally twisted.
fact checking: 1319 other version than core (22%)
https://bitnodes.21.co/dashboard/they cannot and (smartly enough) would not CONTENTIOUSLY hardfork the network without taking the risk of being on the wrong side of the story, unlike the gavinista chimps who do not care about either harming the network, its security and decentralization.
you are fighting a lost cause really, it is time for your sanity to move on, enjoy the ride with us bitcoiners or gtfo.
1809.
Post 13892010 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I could've used the good old "I told you so" about that whole blocksize thing...
1MB holding now more than ever..
1810.
Post 13892116 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
bargainbin/notlampchop/whatever: you are a nsa/banker rat, the sooner you admit defeat and ragequit, the better the chances your DC puppetmasters will be kind to you and maybe let you into their R3cev consortium, distributing stickers and vaporware brochures..
1811.
Post 13892906 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Shame on you Adam
Heh, albeit he made some progress not spitting on Core devs anymore and puffing on that hardfork pipe dream.
Still it is baffling that for someone who spent so much time on this forum not to acknowledge the vital security matters underlying the technology he is lucky to be part of and the dramatic consequences such contentious fork event would do to his bitcoin stack.
1812.
Post 13894879 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Maybe ETH is helping with some of BTC's issues.............
Etherium new comers are those that missed BTC price rise. They hope that ETH will repeat BTC spectacular price rise. But will be very disappointed.
Facebook newcomers are those that missed the MySpace price rise. They hope that FB will repeat the spectacular MySpace price rise, but will be very disappointed.
Google newcomers are those that missed the Yahoo! price rise...
Whatever comparaison your sick brain can come up with, sure ethereum is a company. Bitcoin is not.
1813.
Post 13896174 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
No he's insulting Bitcoin and advocating GavinCoin
GavinCoin WTF is that, Gavin is the longest standing developer he's taking heat for personal attacks, the only questionable thing hes done is visit the CIA and the CFR, and that was to tell them how bitcoin worked.
You just need to look at what he's produced to know he's pro bitcoin.
GavinCoin means squat, try looking for facts!
He's trying to make Bitcoin inflationary. He's a socialist. He's an enemy of Bitcoin.
GavinCoin is a fork of Bitcoin that increases the block size or the coin supply.
Meh dont mind this adrianx cypherdoc fanboy, he is clueless.
what you doing here mr x? papa peter r got a lollipop for you in that cicrlejerking forum of yours.
ps: that trolfi is just insulting the devs, somehow they would push out all the people out of bitcoin, whilst it is exactly the opposite they are doing. and not that they can do anything about it anyway.
1MB is here to stay so you better get it over with, decentralization and bitcoin sovereignty will annihilate your coinbase corporation psycho dream
1814.
Post 13896471 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
No he's insulting Bitcoin and advocating GavinCoin
GavinCoin WTF is that, Gavin is the longest standing developer he's taking heat for personal attacks, the only questionable thing hes done is visit the CIA and the CFR, and that was to tell them how bitcoin worked.
You just need to look at what he's produced to know he's pro bitcoin.
GavinCoin means squat, try looking for facts!
Personally, in earlier days (even just a few months ago) when I had heard Gavin speak, I had frequently thought that he came off as genuine, a neutral presenter and truly interested in the success of bitcoin.
Mostly, he still comes off as being fairly smart; however, it appears that his steadfast quest for a blocksize increase, has detracted from some of his credibility concerning whether he really is interested in the success of bitcoin or whether he is allowing some hidden agenda matters fog his presentation, especially that he's no longer seeming to present information in a neutral way, but instead spinning in order to attempt to get his way (that it's imperative that block size needs to be increased and bitcoin's governance be tweaked)
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-282-bitcoin-classic-with-gavin-andresenThe above link to a recent interview (this week). Sure Gavin agrees that seg wit is good invention, but he also suggests that seg wit is less important and useful than an outright blocksize increase (which is fairly obvious partisanship on his behalf because he is talking conclusory rather than really engaging with the various benefits that seg wit seems posed to bring to the bitcoin space).
By not discussing the differences between soft fork and hard fork, he also seems to be suggesting that a hardfork is necessary (almost acting as if it inevitable) and framing his presentations in such a way in which all outcomes assume some kind of hardfork is going to take place (seems a fairly big assumption).. The reality of the matter is that a hard fork is not necessary under a number of scenarios, and he seems to be ignoring the possible non hardfork scenarios. For example, if the same can be achieved by softfork, then that would likely be the better route to take, especially if you value allowing for productive continued development of the bitcoin space and for supporting of a consensus seeking precedent in bitcoin.
Maybe Gavin is feeling a bit burned in his recent attempts at being a "benevolent dictator" (his words, not mine) and even Gavin having had asserted that a benevolent dictator would be a good thing for bitcoin in the short term. In September 2015, he was going around asserting that Mike Hearn would be the benevolent dictator of XT (assuming XT would be hardforked into becoming the "new" bitcoin). I mean, jesus fucking christ, a guy has to lose some credibility in the community by the subsequent rage quit of someone who just a few months earlier would have had the potential of becoming the "benevolent dictator" of the "new" bitcoin.
Anyhow, Gavin comes off as a bit bitter about bitcoin consensus and bitcoin governance and seems to strongly suggest that bitcoin's governance has to be fixed, but then is a bit dodgy about that being the problem and continuing to insist that a technical fix is an emergency, while at the same time taking digs at the "broken" nature of bitcoin's governance .
In any event, his various assumptions and presentations of issues are losing their coherence and interferes with his objectivity and credibility as a trustworthy speaker.
Bitcoin governance does not have to "be fixed" in any way.
It is working perfectly and any attempt at highjacking it will miserably fail.
1815.
Post 13896796 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
I see all the trolls and paid shills are back working hard on Monday ... wonder how long until their Crassic contracts run out?
Who? Who specifically do you believe is being paid for this?? It's time you name names.
worse is you actually get nothing for all this bullshit you spill all over the boards here...
pitiful.
1816.
Post 13908304 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
actually a 2MB block is about the same size as an average webpage over the last 2 years. It's not about bandwidth or capacity, its about control and investment FUD.
do a resync of the blockchain :
- first 30Gb = 6 years of Bitcoin
- last 30Gb = 1 years and 8 week of ... Bitcoin
Yes, SegWit is safe heaven for privat node.
in today's world 6TB of disk space $300
(100% growth in bitcoin = 2MB blocks ~60GB / year)
- $300 = 100 years of storage space @ 2MB blocks.
**SegWit is safe heaven for ignorance for everyone else we need bitcoin growth.**
note to the ignorant, (@Meuh6879) its not about blockchain size so much as it's about p2p bandwidth for transmitting blocks, which has improved exponentially in 6 years.
SegWit does not reduce network capacity to transmit blocks, if anything it increases miners orphan risk as they now have a higher computational necessity to validate a block before a block can be validated and relayed.
meh, ding dong daddy peter and frapdoc mama waiting for you in bitco.in and r/btc.
you are irrelevant here.
1817.
Post 13908490 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
...
We wont get it if the value of the network doesn't grow.
rofl, wtf are you even talking about???
PS: about the network..
Hash Rate: 1,120,245,107 GH/s
Difficulty: 144,116,447,847
1818.
Post 13908806 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund.
"There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency."
So we decentralize by putting three quarters of our mines in one government's jurisdiction?
Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch?
who care about some government shutting down mining farms?
it will provide great opportunity for the rest of the miners and newcomers.
bitcoin is the government plague. too late for them to do anything about it.
PS: fuck the MIT, and fuck Gavin.
1819.
Post 13911799 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
btw i don't think ETH is done yet. Vitalik surely has a way much deeper understanding of Bitcoin and Blockchain Technology then most of us. His mind is living in the blockchain world. I mean have you read some articles he wrote before? It's some of the best stuff i have ever read about this kind of topic. Maybe with ehter it's just the coming change from Proof of Work to Proof of Stake that's producing some Price swings, who knows. But i think both Systems, Bitcoin and Ethereum can coexist very well in the Future!
get out, and never come back
So you are saying if i love one thing (e.g. Bitcoin) i don't have the right to like/love some other thing ... Or is it just cause you don't like people that are over nerdy or seem to have a disability, i think Andreas A. said in one of his last talks he is surprised that being a Nerd nowadays is making you famous or kind of "cool".
where do you think you are? some stupid teenage fanclub?
1820.
Post 13924912 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
bitcoin is going to the fucking moon!
1MB fuck yeah!
1821.
Post 13925055 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Hey Peter! Still alive?
How's that BU going? How many nodes now? 10? 15?
Yes yes, you'll get your 2MB chain, but..... not tonight, dear
says who?
can some PLEASE FUCKING MAKE AN OFFICIAL STATEMENT
That's going to be hard since *wonderfully* nobody control bitcoin or can speak on its behalf...
So how about the statist - official statementers - control freaks give up already.
Bitcoin is ours!
1822.
Post 13925534 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Bitcoin is ours!
Indeed.
Bitcoin is defined by the code we choose to run.
As a btc user, I never had the opportunity to chose which code I was going to use.
Using "plug and play" spv or core wallets and trading on centralized exchanges does not make you a "bitcoin user" technically speaking.
1823.
Post 13926442 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Bitcoin is ours!
Indeed.
Bitcoin is defined by the code we choose to run.
As a btc user, I never had the opportunity to chose which code I was going to use.
Using "plug and play" spv or core wallets and trading on centralized exchanges does not make you a "bitcoin user" technically speaking.
So for you someone using electrum and saving his private keys is not a btc user?
What is a btc user then?
He appears to think of a Bitcoin user as a miner, someone who runs a full node, or at least runs some flavor of a core wallet. Do only "kids" run SPV wallets although you can do advanced things like multisig with them, and Satoshi invented the SPV wallet concept for Bitcoin users to use?
I think it's important to be aware of the fact that hdbuck is a fucking idiot.
An angry, bitter idiot, to be precise.
or is good at never breaking character [Fatman says= go figure, when did you buy his account?]
Thx, that clarification is appreciated.
AHAHAH xD
Ok thanks guys, I didn't really understand in what I was not a btc user but everything is much more clear right now ^^
Yes listen to the trolls and forkers here, they surely know what they are talking about.
Bitcoin's point is to remove the middleman, to be your own bank, hence spv, or exchanges are not a technically sound practice within the bitcoin sphere.
Just like using facebook and giving up all your information to Google et al. does not make you a sane internet user.
1824.
Post 13927211 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
So what if some people want to use exchanges or circles to hold their money instead of proper wallets. That doesn't make our money any more vulnerable.
Ask Mark Karpeles.
1825.
Post 13927306 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
So what if some people want to use exchanges or circles to hold their money instead of proper wallets. That doesn't make our money any more vulnerable.
Google MtGox & you may change your thinking. Seriously you're a Hero Member coming out with shit like this?
i dont even..
1826.
Post 13929339 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
there goes the 1000ish free AWS Crassic node setup guide:
https://archive.is/3csxMyou might wanna give it a try adam.
1827.
Post 13930890 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Don't get me wrong. I'd like to see LN beeing a big success. But having a role-out within a few month and beeing adopted is two completley differnt things.
No one is suggesting it being widely adopted in 2016, or 2017... I said it rolls out in 2016(from a sidechain testnet to a live bitcoin testnet). LN won't become useful until the capacity is much bigger (4-8MB at least) reinforcing my point why the blocksize needs to grow dramatically for the LN to be viable. Which kinda blows up the whole conspiracy theory that Blockstream is delaying the blocksize repeatedly as a stalling tactic because they never want it to grow.
why does people still clinging on to the idea bitcoin *needs* to scale or be instant or nearly free to be valuable?
1828.
Post 13934531 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
noone gets to tell devs what they can and can't do ... you choose who you follow, the genuine or the charlatans and deceivers
You are NOT marcus agustus. So whoever controls his account, here's what I can do. I can say either Core stops stalling or I will sell. I can follow through.
It doesn't matter if Core is sincere in thinking a settlement protocol is best or if they are being selfish and deceptive. What matters is that they want something i don't want and I don't have to play this game if I don't like the rules.
Or, you can
cshill.
ftfy
bitcoin is no game, but if only the billyboy wanker and his alikes would rage quit as hearn did..
1829.
Post 13936918 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
Whaou that's really cool to see that, it's a bit like a saint coming back to give the Good Word ^^
I suppose they're talking about btcClassic. They can do nothing no? I don't really understand what a hardfork is :-/
They're talking about XT (look at the date) and it's clearly fake.
stop the FUD guys
EDIT: a hardforking change is a change of the consensus rules that makes old nodes incompatible. It's only "dangerous" because core nodecount will go down.
Seems to be a form of desperation to be either fabricating that kind of information or selectively finding such fabricated misinformation to spread in these threads.
for the millionth time, nobody knows if it is fake or not.
1830.
Post 13936989 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
for the millionth time, nobody knows if it is fake or not.
Then let's assume it's fake, ok?
It just is neither fake nor legit. But whatever makes you feel good.
And either way, the message was quite spot on.
1831.
Post 13937225 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
for the millionth time, nobody knows if it is fake or not.
Then let's assume it's fake, ok?
It just is neither fake nor legit. But whatever makes you feel good.
And either way, the message was quite spot on.
He is not saying you should accept that it's fake. He's saying we have to move forward as if it was fake.
And no. It's not spot on. It's self-contradictory.
If you want some satoshi fodder you might want to go and look at the old bct forum discussions where he and Gavin discusses the idea of a plurality of implementations.
I don't have the link but I'm sure your buddy brg444 has it.
there you go:
I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.
Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.I admire the flexibility of the scripts-in-a-transaction scheme,
but my evil little mind immediately starts to think of ways I might abuse it. I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.
That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...Gavin's twisted evil mind seems to be quite in action for the last couple years. And this is
not fake.
1832.
Post 13937380 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
for the millionth time, nobody knows if it is fake or not.
Then let's assume it's fake, ok?
It just is neither fake nor legit. But whatever makes you feel good.
And either way, the message was quite spot on.
He is not saying you should accept that it's fake. He's saying we have to move forward as if it was fake.
And no. It's not spot on. It's self-contradictory.
If you want some satoshi fodder you might want to go and look at the old bct forum discussions where he and Gavin discusses the idea of a plurality of implementations.
I don't have the link but I'm sure your buddy brg444 has it.
there you go:
I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.
Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.I admire the flexibility of the scripts-in-a-transaction scheme,
but my evil little mind immediately starts to think of ways I might abuse it. I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.
That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...Gavin's twisted evil mind seems to be quite in action for the last couple years. And this is
not fake.
Yup, that's the one. That's what Satoshi wrote 6 years ago.
Do you have reading issues also? Don't you see the irony?
It is exaclty what gavin and his wingmen whether toomim or hearn tried to do.
Highjack the protocol and fork it off to meet whatever the USG told them to and/or to simply flood it.
1833.
Post 13937413 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
satoshi fodder?
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
He wanted to remove the 1MB blocksize limit by March 2011
But he did not.. and gavin met with the CIA.
1834.
Post 13937469 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
satoshi fodder?
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
He wanted to remove the 1MB blocksize limit by March 2011
But he did not.. and gavin met with the CIA.
He did not. Instead he left.
And we are unable to do it apparently. The pussies that we are.
Poor orphans
Still I would simply not want any new 'benevolent' daddy messing around with the protocol's holy parameters I bought into.
This is Bitcoin, its values thrives from the trustleness and the inability from any egomaniac dev to usurp it.
1835.
Post 13937547 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
satoshi fodder?
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
He wanted to remove the 1MB blocksize limit by March 2011
But he did not.. and gavin met with the CIA.
He did not. Instead he left.
And we are unable to do it apparently. The pussies that we are.
Poor orphans
Still I would simply not want any new 'benevolent' daddy messing around with the protocol's holy parameters I bought into.
This is Bitcoin, its values thrives from the trustleness and the inability from any egomaniac dev to usurp it.
... bought into.. pffff
You've been shorting bitcoins for two years. You just want to see it burn.
1836.
Post 13940960 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
fork off already.
1837.
Post 13941553 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
fork off already.
This is a good example of what I am talking about. This is something a consensus builder would not say.
there is no consensus to be found whatsoever with socialist freeshit spammers.
so you are free to fork off to whatever bloated corpcoin, gavincoin, usgcoin..
bitcoin will still exist as is and prevail in value with its conservative original parameters.
1838.
Post 13941667 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.44h):
fork off already.
This is a good example of what I am talking about. This is something a consensus builder would not say.
there is no consensus to be found whatsoever with socialist freeshit spammers.
so you are free to fork off to whatever bloated corpcoin, gavincoin, usgcoin..
bitcoin will still exist as is and prevail in value with its conservative original parameters.
Facebook went years without ads to grow it's user base. Is Zuckerberg a socialist? Youtube did the same thing. So did Google, Microsoft, IBM, Yahoo!...are all these companies charities?
bitcoin is neither a company, nor a charity ffs.
1839.
Post 13951360 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
If there is strong community support, the hard-fork activation will likely happen around July 2017.
~not tonight dear...
1840.
Post 13951870 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
1841.
Post 13952443 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Blockstream is never to be underestimated. They literally didn't move an inch and everyone is circle jerking "the great compromise"... incredible. What a wet noodle the miners turned out to be... so much for
that childish delusion I used to hold.
Watching fatty lose his principles for a
$20 $19 relief rally was the hardest part.
GG guys... GG
Although I am surprised to see anyone thought I had any principles, it does seem like the draft for the consensus is somewhat different from what I initially thought.
https://www.reddit.com/r/Bitcoin/comments/46qpua/bitcoin_roundtable_consensus_statement/"This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the maximum effective block size, to more than 2 MB and less than 4 MB, and will only be adopted with a broad support across the entire Bitcoin community."I've partially accepted the fact that "big blockers" have lost this round and have been trying to figure out if there's any future for Bitcoin after the miners decided to go with Core. I was very encouraged by two things today:
1. Core will commit to a HF of at least 2MB and have the code ready for July. Even if the trigger is Feb 1 2017 it would mean that a lot of the uncertainty surrounding Bitcoins viability would be gone. 2MB with Segwit would allow Bitcoin to grow on the main chain. Not much, but maybe enough for it not to experience an economic collapse.
2. Miners were explicitly threatening to ditch Core if they didn't give them a bump in the block size limit within a given time frame. That is powerful. What little I've understood from this debate is that parts of core are manipulators and lying bastards and can't be trusted, so it would be nice if someone held a gun against their heads.
However, If the miners accept the wording quoted above then this agreement is a total loss. We've seen the phrase "maximum effective block size" before. It takes into account the theoretical increase from segwit and all the other witchcraft they've been talking about lately. Bitusher even started including LN blocks into the calculations in an earlier discussion in this thread. We might end up with less than 1MB maxBlockSize on the main chain by the looks of it.
In short, I'm as disappointed in me as you are.
just give up already, i told you it is not that core does not want to raise the blocksize, it is more like core cannot do it unilaterally.. because ~consensus.
but you crassic bitchez seems not to understand what that means. (hint: not 75% miners)
1842.
Post 13953810 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
We all lose, you fucking dimwit.
That's nice. Go tell Bitcoin Obituaries all about your whiny poutrage and how you wanted 2MB blocks Right Meow.
The only way Honey Badger loses is if he starts giving a shit about your endless, petulant butthurt.
ragequit whilst you can fatty
1843.
Post 13953867 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
We all lose, you fucking dimwit.
That's nice. Go tell Bitcoin Obituaries all about your whiny poutrage and how you wanted 2MB blocks Right Meow.
The only way Honey Badger loses is if he starts giving a shit about your endless, petulant butthurt.
ragequit whilst you can fatty
U R French
U R R3KT
1844.
Post 13954031 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Its bitcoin that is R3KT, you fucking imbécile.
sure move along now...
https://99bitcoins.com/bitcoinobituaries/
1845.
Post 13954104 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
And miss the pantomime of you convincing everyone that a 2Mb HF was OK all along? Nah. Cant wait for that circus.
For now I will just go back to shorting this pump when I am ready.
It has never been about some stupid number picking, whether 20, 8 or 2MB, CONTENTIOUS HF will never ever happen you looser.
1846.
Post 13954131 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
now you forkers can keep on buying your lattes with USD or whatever fiatshit currency you like.
ps: sry you cannot even buy them with paypal tho
1847.
Post 13954252 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
now you forkers can keep on buying your lattes with USD or whatever fiatshit currency you like.
ps: sry you cannot even buy them with paypal tho
Yeah, but you *can* buy your
BTCeanies with one of the 400 other shitcoins.
Huzzah!
whatever you are talking about
maybe you are stuck with this beanies thing because you actually did buy some?
1848.
Post 13954382 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
[...]
First rule of contentious hardfork? Make the fucker CONTENTIOUS!!!
(then simply tell the retards that it's no longer contentious because it suits us)
lmao such sorrow..
1849.
Post 13954432 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
A big chunk of that socioeconomic majority already sent Core a couple of polite letters suggesting they might want to think a little bit harder about compromise.
We do not want a war, but by God we will fight it if you give us no choice.
It's changing a 1 to a 2 for Christ's sake. You wanna burn down the house over that?
It's about who has the power to hardfork, not about 1 or 2.
In the end you're correct. the "economic majority" has the ultimate say in what the rules are going to be. But there might be collateral damage in the form of a split. Noone wants that. So please, core devs, move over and make some room besides you, we don't want much, we just want to be sure we can have a hardfork, even against you, if we really want to. Also a little more room on the blockchain to welcome more users until there are "real" scaling solutions would be nice)
Thing is not even the core devs have the power to commit to a HF if it is contentious.
That is why they just can't plan for it and try at reach consensus, which has nothing to do with 75% miners agreeing upon.
This is bitcoin, but you are indeed always free to fork off.
ps: im no core dev fanboy btw, but i do appreciate their honesty in not pushing forward a HF they know would not reach consensus.
1850.
Post 13954597 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
A hard fork scheduled a year ahead is fine, it is how satoshi told Gavin to do it but he didn't listen and tried to rush it (for his own nefarious means it seems).
So ;
- from April we get SegWit roll-out, effectively 1.7-2.5MB extension space in blocks
- from July 2017 we get a hard fork to clean up code and up to 4 MB effective extension space
- plus Schnorr multi-sig schemes saving signature space
- plus more payment channel development and integration (Lightning or similar)
- plus fraud proofs to make secure SPV node validation
- plus pruning and UTXO set short-form validation schemes
- plus network sharding, thin-block, IBLT, etc research
- plus probably some sidechains projects come on-line
- plus better off-chain transaction processor third-party auditing (looking at CoinBase, Circle, BitPay and exchanges to become more provably-backed)
- plus innovations noone has seen just yet (e.g. 21.co, random-coder-dude in garage working on THE shit)
Bitcoin doesn't scale?? Get real.
Do
segwit as a hardfork as it should be done and I'm with you.
The change is uncontroversial, so we can safely hardfork, right? No need to keep old nodes unable to verify increasingly large chunks of transactions. These nodes should be forced to upgrade. I'd say
75%, 28 days is good. 1 Year is ridiculous. 95% also.
What kind of tyranny is it that you are promoting?
Noone should ever force anyone to do anything, 75% miners is nothing like a consensus, 28 day is a second for bitcoin's lifespan.
Any protocol change should never be done against all these very very stupid circumstances.
1851.
Post 13954762 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
1852.
Post 13954802 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Final Statement of the meetingOn February 21st, 2016, in Hong Kong’s Cyberport, representatives from the bitcoin industry and members of the development community have agreed on the following points:
- We understand that SegWit continues to be developed actively as a soft-fork and is likely to proceed towards release over the next two months, as originally scheduled.
- We will continue to work with the entire Bitcoin protocol development community to develop, in public, a safe hard-fork based on the improvements in SegWit. The Bitcoin Core contributors present at the Bitcoin Roundtable will have an implementation of such a hard-fork available as a recommendation to Bitcoin Core within three months after the release of SegWit.
.....
is the HF they are referring to a blocksize increase or a way of making segwit mandatory??
was this all for show?
"including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB,"
still unclear, " non-witness data " " total size no more than 4 MB" so 2MB for this segwit
crap innovation, and +1MB to blocksize?
? totaling 4MB??
why can't they just do this :
FFS!
We'll see what magic they pull out of their arses; or if miners go gangsta on them and make Matts hair turn....some other fucked up colour.
Few people decide the future of 'Bitcoin'.... really decentralized , right ?
Isnt not what y'all been asking them to do?
What now? the even fewer classic scammers would be better?
Still their segwit thing is not forcing anyone to do anything since it is opt-in soft fork.
Everybody happy, but the few contentious hardforkers and their silly politics.
May they cry me a river..
1853.
Post 13955122 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
who voted no?
I haven't checked to verify, but I'd guess MP and the rest of La Serenissima will have their say.
Anyone who thinks a hard fork will not be contentious just isn't paying attention.
huho
1854.
Post 13955344 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
"the unmanipulated-free-market-bitcoin" .. god i dont even..
1855.
Post 13959036 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Yes, of course, you're totally bang on with your assessment. If there were a serious attack like this I suspect there might be a fork, maybe...
-----
If you want to perform such an attack regardless of cost, and with unlimited budget, I believe it has already been proven that the Byzantine general's problem is unsolvable, (lacking sufficient incentives)
It's likely that the incentive structure is the only thing that truly protects the blockchain.
A fork, sure, but a fork to what? Short of changing the hashing algorithm, I don't see what's going to prevent a destructive miner from shitting all over the new fork, too.
So: double-spends for direct economic gain don't seem likely to be a huge problem. Miners disrupting the network for political reasons (or ransom, for that matter) seems like it could be an issue, but it's hard to estimate how likely such an attack would be.
I've thought about this, actually. Not as a malicious attack, but in the (far more likely) event of getting stuck on the wrong end of a hard fork. And yeah, it's a problem.
Best case you're waiting many hours, perhaps days per block, until a difficulty change. (This is it's probably unacceptable to the mainstream, but to the participants of MPEX and bitcoin-assets --well-- I wouldn't be surprised if they were willing to accept several weeks or months of extremely slow blocks until a difficulty change. I'm not an insider, but that's the feeling that I get when reading the logs.
But that's just the best case scenario, in the worst case you'd be suffering attacks from the overwhelming majority of hash power (I think mitigation for this would be hard-coded nodes, attaching only to other nodes within the web of trust.) They could potentially operate a viable network with at minimum the 6 or 7 nodes they already run.
Both scenarios are not desirable. I think the algorithm change is probably the most likely outcome. It provides protection from asic attack, and, let's be honest , there is a strong incentive to bring back cpu or at least gpu-friendly mining.
In any case, I think a fork is risky, more risky than most people realize, and I think that
Mircea Popescu and his followers are a formidable and compelling group and should not be discounted.
Interesting times ahead.
A handful of loons. I discount then. Why wouldn't you?
MP is just way more relevant to bitcoin and its ecosystem that you and your classic wannabes will ever be.
And it is certain the
reference bitcoin implementation they produced will not comprise any
hard fork material besides the keccak algochange should the roundtable of powerrangers and their miners besties take a step further into highjacking bitcoin for their own interest.
1856.
Post 13961003 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!
Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.
They could be hashing fuck all if the economic majority go a different route. There is always that scenario.
we'll never have consensus about protocol change because that is the very nature of bitcoin.
you cant change it.
1857.
Post 13961109 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
Because the ones buying are the ones selling (market makes), hoping to end up with more fiat than they started with.
Besides that is healthy and expected, just recently we were testing ~370$ as a bottom. It is the human brain that does not easily deal with a (paper) loss, but easily forgets about the recent gains (always wanting more).
more like "buy the rumor sell the news" hype.
1858.
Post 13961120 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!
Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.
agree. miners will have to take responsibility, devs seem incapable of doing so.
y'all clueless, if not useless.
so just focus in not eating your shorts by the end of the day, that would be great enough.
1859.
Post 13961290 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!
Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.
agree. miners will have to take responsibility, devs seem incapable of doing so.
y'all clueless, if not useless.
so just focus in not eating your shorts by the end of the day, that would be great enough.
why dont you just leave and do some "Heil Hitler!" with your FN-friends? bitcoin is libertarian in the end, nothing a true fascist could go inline with.
wtf is this hitler fantasy you accuse me of?
ever thought of consulting with a shrink for all the paranoid holocaust visions you seem to terrorize yourself with?
"bitcoin is libertarian" what the fuck ever this means to you.
Bitcoin is money, not some rainbow socialist democratic freeshit.
1860.
Post 13961397 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
So, to sum up.
Yesterday's news: We have consensus!
Today's news: We don't have consensus, we have another split!
Oh well. At least the miners are taking action. They'll be the ones to decide how this goes, whatever the devs say. Hard to argue with hashpower.
agree. miners will have to take responsibility, devs seem incapable of doing so.
y'all clueless, if not useless.
so just focus in not eating your shorts by the end of the day, that would be great enough.
why dont you just leave and do some "Heil Hitler!" with your FN-friends? bitcoin is libertarian in the end, nothing a true fascist could go inline with.
wtf is this hitler fantasy you accuse me of?
ever thought of consulting with a shrink for all the paranoid holocaust visions you seem to terrorize yourself with?
"bitcoin is libertarian" what the fuck ever this means to you.
Bitcoin is money, not some rainbow socialist democratic freeshit.
Funny, a closet nazi!
It is tragic how the kids keeps on regurgitating something which is more than 70 years old and that they never even witnessed but seems to be paralyzed by.
like a feedback heiloop. ^^
1861.
Post 13971684 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
we don't bet high, since china is the biggest base of bitcoin mining/trading.
China is the biggest base for many other things. It is quite natural to be the biggest base for bitcoin mining/trading as well.
I agree, but my concern is with their closed and ultra-controlling political system. since they're not a democracy, it's not good news for bitcoin that so much of it's structure is in the hands of a totalitarian regime... no?
Don't let yourself be brainwashed by US propaganda machine. China is more democratic than US!
In China political class is named "The Communist Party". If you want to make political career you have to be part of the communist party. They have 4 political wings competing for country's top leadership. In US political class is named "The Establishment". If you want to make political career you have to be part of the political establishment. They have only 2 political wings competing for country's top leadership. It is obvious in which of those countries you have de facto political monopoly and totalitarian regime.
USA/PRC is just the two sides of the same coin, really.
1862.
Post 13972041 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
With Consensus reached wouldn't it be time we get above the $500 mark this week?
Consensus is reached every new block since 2009.
1863.
Post 13972407 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a
legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
ROFL at
"legally binding document" whatever rocks your statist governance creepy boat troll.
1864.
Post 13972689 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a
legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
ROFL at
"legally binding document" whatever rocks your statist governance creepy boat troll.
Because unsigned non-violent non-aggressive non-contracts have proven themselves to be 100% effective throughout history. With Bitcoin in particular.
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
1865.
Post 13972801 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Well, if you feel that a bunch of pool owners meeting behind closed doors with Core reps & signing a
stump speech document makes for consensus, I guess it's moon time
Edit:
Please read
the thing that was signed, and examine each item on the list.
Even if we construe this as a
legally binding document, what, other than "[limit won't be more than] 4MB," did Core commit to? What did the miners?
ROFL at
"legally binding document" whatever rocks your statist governance creepy boat troll.
Because unsigned non-violent non-aggressive non-contracts have proven themselves to be 100% effective throughout history. With Bitcoin in particular.
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
That's right, it's all in the code. Which will change into whatever Core's puppet masters want it to be
errr, nope. still lots of people not willing to 'upgrade'. dont worry.
different clients, one protocol, same rules.. isnt that wonderful?
1866.
Post 13972938 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
...
What are you talking about??!
It is all in the code here, like, you know, in the protocol you just cannot change you pedo freak
That's right, it's all in the code. Which will change into whatever Core's puppet masters want it to be
errr, nope. still lots of people not willing to 'upgrade'. dont worry.
different clients, one protocol, same rules.. isnt that wonderful?
Lol @ not understanding that different clients are different because different rules & that any hard fork will make any client not following it as relevant as BBQ client.
any hard fork would lead to an altcoin with their respective node percentage vs the rest of the clients, sure, but keep diggin while you are at it
1867.
Post 13981389 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Ouch!
That was a heavy dump!
Finex and stamp had been down to 416!
could you imagine some internet token being actually worth more than 400$?
either the dollar has deeply depreciate, or people have just gone mad.
anyway, much more profit to be made on the downside of a market.
200$ would be easier to get than 800$ at this point.
and
tibane knows it.
1868.
Post 13981488 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Ouch!
That was a heavy dump!
Finex and stamp had been down to 416!
could you imagine some internet token being actually worth more than 400$?
either the dollar has deeply depreciate, or people have just gone mad.
anyway, much more profit to be made on the downside of a market.
200$ would be easier to get than 800$ at this point.
and
tibane knows it.
Well bitcoin is a little bit more than just an internet token but I get your point...
But going by your world, it would be impossible to even reach the 200!
1869.
Post 13981922 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
Better to increase your stack of btc when the market falls rather than just getting more fiat when it is going up.
The bullrun has stalled and dumped, expect more dumps until we touch ground and refilled the rockets.
Or you can just buy now, cry later.
1870.
Post 13983820 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
years ago there was a manipulator with ~500,000Coins, he got #rect and so will this guy.
taht was willy bot, and MK still have more than 800k btc.
1871.
Post 13984332 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
1872.
Post 13987312 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
TA aside, i think it still looks good because the "conesens" looks like it'll hold up. I saw a comment from Gavin somewhere today saying somthing along the lines of "Classic will continue to be compatible with Core as they move forward with their plan", was i dreaming? idk.
I think a lot of poeple are thinking this consensus, isn't a consensus, because of a few loud morons ( ex Coinbase saying " we want 2MB and Then segwit , and not the other way around! ") which Makes it seem as tho this consensus will fall apart.
this is what this drop is about. but now it's over. now even these mistaken views have been priced in. I took advantage of the sellers today.
Core's consensus rules give loud morons veto power.
It is
Bitcoin consensus rule you moron.
Neither Core nor Classic nor Blockstream nor Obama can do anything about it.
1873.
Post 13998896 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
What does the fact that *your* taxes are high have to do with "[US] accounted for about 25 percent of the United States' GDP"? If you're in the > 30% tax bracket, my heart won't break for you, you'll get by. Somehow.
What does the fact that US taxes you if you live overseas (your first link) have to do with anything? Give up your US citizenship, problem solved
it is definitely not out of the question that i would leave the USA .. or that i might give up my citizenship too.. problem is I cannot own a gun in most places i might move too . you are arguing it is ok for the USA to rip everyone off.. and i disagree with you.. and your 'interest to infinity' debt slavery system is built upon THEFT .
this guy? with so many accounts and time, now even defending
US taxation?
no way
1874.
Post 14002491 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.45h):
The more the VERified redditards fight, the more the 1MB blocksize limit holds.
1875.
Post 14018457 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Blocks are full again. I think this will now probably happen any time the market tries to pump.
I don't see much upside but there's a lot of potential downside.
The bulls have a couple of days to break resistance at 450$. If they fail, there will be a lot of panicky downtrend.
Especially considering the hope from the halving price rise has decreased a lot since everyone is waiting it :-/
The miners will pump the jam or loose money.
1876.
Post 14019449 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
^such insight govy.
You dont like it when your decerebrated croonies finally sees the light and wonder about blocksize inflation leading the nodes into centralized large datacenters. But who cares right? You Classic fuckwits already run most of your nodes using AWS free trials
1877.
Post 14019527 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Lots of "if's" there. When every number in a calculation is an unknown...
Yes, its much better to "trust" gavin or hearn or the toomins 20mb doubling > 8mb > 4mb > 2mb flexcap fork It nao... The data is real there.
1878.
Post 14029430 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
^that govy shill never stops spewing his shit all over the place uh?
debunking all the conspiracies and pushing for bitcoin fork along with the beanies babies..
how about you pay a visit to MMM forums and take a break from here, you seems quite nervous lately, your masters plan about splitting bitcoin is not working.
and pay your taxes and abide to bitlicense and get some coffee with coinbase while you're at it.
1879.
Post 14032611 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Bitcoin is still but an infant.
It's still a fucking sperm, man. Now those other dudes are coming behind it, too... better reach that egg soon.
thats fud, bitcoin already won. just give it time (for everybody to submit).
or you can buy mEth-ereum like the rest of the crackheads.
1880.
Post 14051643 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
1MB wins, gavin or hearn or whoever forker or angry banker turns back their spam scrypt.
still not tonight dearies.
1881.
Post 14051770 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
I'm banning all 'classic' and XT nodes as transactions sent by those spammers are not valid transactions. They are altcoin promoters.
What is it in the tx data that makes them invalid?
I'm not obliged to explain again and again why free block space to every bitcoin spammer will ruin bitcoin. I've made enough efforts. I'm the owner of the node I run. I decide which tx are valid and which are not! Time to end futile discussions with big blocktards. It is time to act.
Oh, so the tx are valid, you just don't like the clients. Why didn't you just say so in the first place!
Transactions are not valid as they can be part of bigger blocks! I don't care about who is sending such transactions if they are invalid.
otherwise valid outputs should not become invalid because the demand for bitcoin has increases that's a recipe for collapse. just imagine the ~2,000,000 BTC stuck in the mempool were removed from circulation because they are invalid (fee that is too low) sounds good if it has only upside benefit but it will destroy confidence in the system you'd be pissed in your $3.00 transaction was at some point classified as spam and became invalid.
If only demand increased as much as your ignorance..
1882.
Post 14051929 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Spam limit working as intended
no the transactions centralized control deemed undesirable were not written to the blockchain but bloated the Mempool, something that was not supposed to happen.
Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.
$0.06 to get in the next block! Who's buying?
no way i'm just hodling
1883.
Post 14051984 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Spam limit working as intended
no the transactions centralized control deemed undesirable were not written to the blockchain but bloated the Mempool, something that was not supposed to happen.
Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.
$0.06 to get in the next block! Who's buying?
You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.
consider it a treat compared to the mind fuck you've been subject to by the bitco.in gurus.
1884.
Post 14052264 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Ahh... The Wonder And Beauty of a planned economy.
+1 it's actually quite funny, when libertarians turn into communists.
bitcoin is not a democracy.
1885.
Post 14052677 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
the thing is bitcoin won't shrink in size. but it won't grow either. it simply will stay the bonsai size it currently is.
all the money waiting on the sidelines will flow into alt-coins directly.
good luck with your empty bag - so called early adopters of bitcoin.
What empty bag?
Bitcoin holding its value strong over $400 now..
Wait for capital controls, NIRP et al. and all teh money panicking for a secured safe haven.
we are two months away from being one full year on this block size debate:
http://gavinandresen.ninja/why-increasing-the-max-block-size-is-urgentand within that year blocks have filled up that the red and blue 3d glasses person did not post this morning because we will see all the blocks are filled up all the time now.
the more the blocks fill up the more valuable the bitcoins become in relation to fiat currencies.
something wrong with this scenario .
People don't go there anymore it's too crowded!
Bitcoin, so useless you can't use it because there's too much demand
lmao
1886.
Post 14053077 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
...
Let me ask you this: If I take bitcoin-qt source, change a few lines of code regarding the suggested fees in order to hardwire it to pay a fixed 0.1$ fee (~100 satoshi / byte) for a 250byte tx, compile it and market it as an alternative client that works every single time, then what would you say? That now bitcoin works predictably and that the network is fine?
...
Let me cut in. Yes, soon you & hdbuck/brg444/ice will be the only 2 people transacting on Bitcoin.
Caveat: this will make your bitcoins worth less, as in "virtually nothing, because no one uses Bitcoin because useless.
So may not be the utopia you've been dreaming about.
aww how about you spend some of that govy time to shill over the ethereum forums?
or is it that obahamas knows it is a scam already?
ps: dont they even teach you how to count in langley or whatever the moist place you wank with pedo porn?
1887.
Post 14053514 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
look at the blocks, all spam.
no-one uses the bitcoin blockchain anymore, it got too crowded.
im waiting for homestead to being soft hard forked.
1888.
Post 14053525 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
the thing is bitcoin won't shrink in size. but it won't grow either. it simply will stay the bonsai size it currently is.
all the money waiting on the sidelines will flow into alt-coins directly.
good luck with your empty bag - so called early adopters of bitcoin.
You don't understand. What's gonna happen is people will transact off-chain, maybe consolidate their paltry txs on
pay now buy later Lightning Network, and then
pipe dream use Bitcoin as the settlement layer, teh backbone, so to say.
The money will roll right in!
this totally this, I agree with this quote more though
"The free market will win. I just can't tell yet if it means replacing Core or Bitcoin" get some mETHereum whilst you can
1889.
Post 14053565 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Wealth is not linearly distributed but closer to logarithmic with a vast majority of wealth concentrated in a few hands (currently even dangerously so for civic stability considerations), the mainstream is not where wealth is concentrated so for a monetary adoption targeting the mainstream is a losing proposition.
Bitcoin doesn't necessarily need more transactions as much as higher value transactions, the value of a monetary network is not simply the number of connections but the total value of connections, i.e., number * value.
wait so bitcoin does not need more people, just more money?
but what about africa?
1890.
Post 14053578 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
If we don't get a block increase before June 2017, I predict that we'll have a node count below 4000 by the end of 2017.
mmmnope
https://www.reddit.com/r/Bitcoin/comments/48bvjy/in_may_2015_gavin_calculated_that_blocks_will_be/
1891.
Post 14053695 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Wealth is not linearly distributed but closer to logarithmic with a vast majority of wealth concentrated in a few hands (currently even dangerously so for civic stability considerations), the mainstream is not where wealth is concentrated so for a monetary adoption targeting the mainstream is a losing proposition.
Bitcoin doesn't necessarily need more transactions as much as higher value transactions, the value of a monetary network is not simply the number of connections but the total value of connections, i.e., number * value.
wait so bitcoin does not need more people, just more money?
but what about africa?
Think of it like high-grading that the gold miners do when prices get low. The lower value ore (spam) will be thrown out and the higher value transactions will get preferentially selected. As higher and higher net worth users get selected by the fee market to use the planet's premier secure monetary system the value of the token to use that system will increase. Lower value users will still get to use lower value security systems that aggregate their lower value transactions and anchor them the blockchain (like first, business and economy classes in a crowded aircraft)
im just messing around man, 100% agree.
1892.
Post 14056569 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
yeah baby, 2,5 million BTC in memepool with a total fee of 6 BTC!
https://tradeblock.com/bitcoin/forkers gotta derp.
1893.
Post 14062477 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Small blockists you are making ETH holders rich. You are such huge loosers.
http://log.bitcoin-assets.com/?date=01-03-2016#1419126
1894.
Post 14062501 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Small blockists you are making ETH holders rich. You are such huge loosers.
"Bitcoin: The only winning move is not to play."--brainyquote.com
"In Bitcoin, there are no winners, only losers."--brainyquote.com
omg second time i kinda agree with this shmuck.
what is happening?
1895.
Post 14062815 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Can't wait until small block retards are proved to be irresponsible idiots by empirical data points.
We should make a list of them, so in the future we will never forget who they were and humiliate them forever.
There's no such thing as a small block retard.
People have ideas and inclinations based on information that they have, and there's a lot of misinformation out there regarding what's even going on with the block chain; how much is spam, whether an increase is currently justified and/or wether segregated witness will take care of some if not all of this spamming blockage to the extent blockage exists and if not what would be better additional solutions going forward once segregated witness is in place.
Yeah people have different ideas and most of them are dumb ideas.
That's why it's important to relie on the empirical facts to judge who are right and who are the fucking irresponsible retards. It's darwinian selection. It's a process way more efficient than pointless debating.
So now we are going to see that full block are not good at all and see who were the dangerous retards who thought full blocks were somehow cool.
It's like the bolcheviks. They have ideas and they thought they were right. They talked badly of people who disagree with them. Then the testing of their ideas prove that they were huge retards and that they had their head full shit. Gmaxwell and Adam Back are the Lenin of their time. The sooner the market route around them, the better.
It seems to me you have a very precise idea of your own position at least.
I don't have such brutal and clear opinion on this issue. And from the grasp of complexity I was able to see, it seems impossible for me to have a clear point of view of the situation as we're still lacking data.
Yeah small blocks have problems, but what do you want? Bigger and bigger blocks? You do realize that in order to scale the Visa transactions we would need 800GB blocks... Seems complicated to me...
Yep. In that respect, when dealing with money and likely to continue to be attacked by governments and financial institutions, security is much more important than trying to grow too fast and to act as if you are visa when you don't have institutionalized protections.
Size is the most powerful protection. The most economic transactions flow through Bitcoin the harder it is to attack it.
"Trying to grow too fast"
Transactions double every year. That's just natural growth. If you don't like growth go use some altcoins before Bitcoin become one.
1896.
Post 14065883 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Lol... The last 4 LTC blocks (the equivalent of 1 BTC block), LTC had 4-2-3-6 txs, of which 4 are the block rewards (so actual txs = 11).
Last BTC block had over 2000 txs. It's averaging between 2k and 3k txs per block (last 6: 2165/3079/2496/2300/2782/3012).
Why the lol? No... really.
Are you trying to make the case that the only reason LTC has only processed 11 transactions in that time is because they are limited to that number? Would that be by design or by flaw?
...
Why the lol? No... really.
What do you want me to say for a "business" that doesn't want to pay a few cents and says "Altcoins are now cheaper to use than bitcoin."... like it was ever the opposite.
Laughing about a business seeking to optimize the value of the expenditures it makes brands you as someone unknowledgeable about how to run a business. That's all.
bitcoin (and altcoin) are way too volatile to ever be of any direct utility for commerce.
but whatever, keep the crytopiate fucking up your brain.
1897.
Post 14072850 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Decision point comes closer. And it doesn't look good for Bitcoin.
Transferred 100% out of cold storage into several exchanges.
Hodler for 4 years no more.
Interesting... just a few days ago you were all up uP UP! May I ask what made you change your mind?
I thought we as a community would get our shit together. And as everything points to a decision point for (several month ) in the first decade of March, I thought this only could mean up. Now, as the decision point is around the corner, I think I could have been totally wrong and from here we could see the slow bleeding death of Bitcoin.
I observed my own behaviour for several month. Even in Jan. 2015 at $160 I bought a hell of coins, because I believed in the community. Since then no new money (from me) entered the Bitcoin space despite I still am expanding my crypto holdings. I think I was wrong and the decision point means down not up for bitcoin.
weak hands and despair all over the place blaming the lack of kumbaya in whatever community you thought bitcoin was (its just a technology, not some frat club).
sell now cry later you impatient hype surfing crackhead.
bubye
1898.
Post 14087180 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Becoin: the 21 mil. cap is a different issue because Bitcoin was set up from the very start to divorce the issuance rate from resources expended by anyone. However much miners may toil, they can not significantly affect the amount of BTC issued during any given timeframe, and that's how it was from day one. (you know the caveats that apply, I'm sure.)
I put it to you that what the miners produce isn't BTC, it's the processing of transactions. I think you'll find my assertion is backed up by pretty much everything going back to the original whitepaper.
To reiterate: While changing the issuance cap is possible, everything down to the difficulty balancing shows the cap is a fundamentally hardcoded feature of BTC that isn't meant to be subject to market forces, and this is known by all participants in the economy. A cap on TX rates, instead, is a new development and a direct attempt to control the miners business practices.
nope, it was not, there is no mention of such cap in the original wp.
ironically the fixed limit of 21m coins was implemented
in 2014 - with Hearnia's contribution!
Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years.
This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default.
To combat this, this document proposes a controversial change: making Bitcoin's monetary supply finite.
...
Given the moderate time frame over which this change is to be implemented, we expect all miners to choose to screw themselves and deploy this change before 2214.
If they don't, and a minority remains on the old code base, a fork may occur. Essentially, they'll be mining fool's gold after that time.
https://github.com/bitcoin/bips/blob/master/bip-0042.mediawikinow that's an example of a
non contentious fork. nobody hardly opposed it, and most people did not even noticed it. ergo.
consensus.
anyway, as History shows, honeybadger is all what matters here and inflationists are free to either rage quit or fork off.
ps: or buy ethereum?! whatever, you are
free, but bitcoin clearly is
not..
1899.
Post 14094595 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
Polite suggestion to diversify into ...
The currency that cannot be named
Don't bother. They're all out trading eth.
All that is left here are the core fanboys who don't understand they've just poisoned the well.
Meh all that is left here is you ignorant forkers and govy shills spinning their boring life.
Congrats, for making this place a socialist shitshow.
1900.
Post 14098556 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
crazy how easy this whole mess could be solved, but core is not able to accept the HK-agreement
What mess? It is business as usual.
Core devs are doing great job improving bitcoin immunity against all kind of attacks.
Bitcoin is growing in a very healthy environment. Yes, it is the wild west but this is the way it should be.
core is provoking a contentious hardfork with their silly behaviour. even if you are convinced that 2MB is unnecessary you should do it because the civilwar is much more dangerous than a hardfork.
What civil war? There is no civil war. Bitcoin is cleaning itself from government actors supported by big banks trying to kill it.
There will never be peace around bitcoin. The war against bitcoin will be the natural state. What we see is just the beginning. Get used to it.
+1
fork off already.
1901.
Post 14098913 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.46h):
yeay here we go for another year of ranting and whining from forkers not forking off.
1902.
Post 14106197 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
In the early days of Unix, there was a several spinoff flavors being maintained by groups of Elitist Developers, each with their own core kernels, and each flavor's camp continued with their mantra that they were maintaining their source code base aligned strictly to the needs of the masses, not catering/bowing down to business needs/ further centralization, that their kernel was "purest form of Open Source", yadda yadda yadda.
So guess which implementation/flavor eventually won the long term battle? Yep, RedHat Linux. ONE IMPLEMENTATION. ORIENTED TO BUSINESS NEEDS, NOT STRICTLY AVERAGE JOE ELITISM.
Why? Because Business Needs > Average Joe needs. (Sad but true, but we need both to work together)
(Wasn't the whole point of Bitcoin to spend it on Merchant (ie., BUSINESS) goods and services? Without Merchant adoption of a fast, scale-able monetary solution with no middleman needed, Bitcoin loses its main core appeal )
And where are many of those original elitist Unix/Linux implementations now? Relegated to the dustbin of History.
Moral of the story:
The Bitcoin core developers better wake the fk up, grow the fk up, and start working with those in touch with global business needs. Or they will eventually (and very quickly) find themselves in the dustbin of Bitcoin History.
so you want a bitcoin microsoft and facebook corporation like to take over bitcoin?
sry not happening.
but you can always fork off and play with eth
dapps derps.
1903.
Post 14106396 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
but you can always fork off and play with eth dapps derps.
ETH: Price > 10x in 2 months
BTC: Keeps tanking, predictably
Man, you must feel AWFUL
And if you even decided to invest in Ethereum, you can hope to see tears once the whales start dumping their coins and dropping the price back down to where it's supposed to be, and feeling bad about not sticking with bitcoin.
oh no plz go away, buy all the shitcoins you want, fork off and never come back.
1904.
Post 14106701 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
In the early days of Unix, there was a several spinoff flavors being maintained by groups of Elitist Developers, each with their own core kernels, and each flavor's camp continued with their mantra that they were maintaining their source code base aligned strictly to the needs of the masses, not catering/bowing down to business needs/ further centralization, that their kernel was "purest form of Open Source", yadda yadda yadda.
So guess which implementation/flavor eventually won the long term battle? Yep, RedHat Linux. ONE IMPLEMENTATION. ORIENTED TO BUSINESS NEEDS, NOT STRICTLY AVERAGE JOE ELITISM.
Why? Because Business Needs > Average Joe needs. (Sad but true, but we need both to work together)
(Wasn't the whole point of Bitcoin to spend it on Merchant (ie., BUSINESS) goods and services? Without Merchant adoption of a fast, scale-able monetary solution with no middleman needed, Bitcoin loses its main core appeal )
And where are many of those original elitist Unix/Linux implementations now? Relegated to the dustbin of History.
Moral of the story:
The Bitcoin core developers better wake the fk up, grow the fk up, and start working with those in touch with global business needs. Or they will eventually (and very quickly) find themselves in the dustbin of Bitcoin History.
so you want a bitcoin microsoft and facebook corporation like to take over bitcoin?
sry not happening.
but you can always fork off and play with eth
dapps derps.
Stupid response is stupid. Of course I want Microsoft and Facebook to EMBRACE, PROMOTE, and USE an open implementation of Bitcoin. Just like I want all the other global merchant/commercial/service industries to do the same. That *was* the original long term vision/goal.
And you don't? I guess you'd prefer just a few centralized Chinese miners, Blockstream, and a few elitist derpy neck-bearded Average Joes to pass a few btc back and forth for drugs and gambling purposes. And that's it.
stupid is the stupid talking stupid about pro bono developers that actually contributed to bitcoin code for years and helped bringing it to where it is actually.
stupid.
and no, neither google nor facebook has any business with bitcoin as their sheep users just do not give a fuck about security nor privacy.
they'll get what they deserve, which is all the colored shitcoins the incorporated rainbow shitshow will come up with.
1905.
Post 14107105 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
meh more liek its on you noobs that have been whining for the last year
1906.
Post 14116030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
50 minutes since last block sucks if you are waiting for a transaction
hodlers still not affected tho
1907.
Post 14118587 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
Bitcoin looking healthy again.
Yes, and blocks are still maxxed out.
The blocks are hardly maxed out ----- unless you are just making up shit in order to attempt to exaggerate some problem that is not even close to what the loud mouth FUDsters are attempting to portray.
Blocks floating around 65% at the moment... ... but they had experienced some peaks approaching 90% in recent days (within the past week)
At the time of writing, these were the latest blocks.
401423: 0 MB
401422: 976.48 MB
401421: 974.79 MB
401420: 974.77 MB
401419: 906.65 MB
401418: 0 MB
401417: 974.64 MB
401416: 912.66 MB
401415: 976.45 MB
401414: 974.72 MB
401413: 965.86 MB
401412: 974.55 MB
401411: 974.74 MB
Looks pretty maxed out to me (with thousands tx waiting in tradeblock's mempool). I guess I must be making it up, then.
BTW, you also could have looked at ChartBuddy.
ChartBuddy knows his shit -- I'm only making it up.
would you fork off already? you pitiful inflative little whiner?
1908.
Post 14137095 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
NO bitcoin is NOT ready to take over central banking, get over it, we are small potatoes, and we best realize that before litecoin ( or ETH ) steals all the TX vol.
yea eth is so fast and useful (of shit):
big potato coming at you bitcoin!
1909.
Post 14150342 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.47h):
is this a buttcoin thread now?
1910.
Post 14201874 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Well, he became a millionaire spinning his bullshit, so yeah, I'd say he's brilliant.
+1
Meanwhile, this guy is actually building something useful:
https://voluntary.net/bitmarkets/I'm more of an MK fanboy.
1911.
Post 14215035 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Hey! What happened to chartbuddy? He disappeared somewhere?
got banned..
1912.
Post 14216692 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Hey! What happened to chartbuddy? He disappeared somewhere?
got banned..
Wtf? But why? It was really cool!
It was waaayyy off topic.
This thread is for discussing block size.
haha well now the kaporal forkers have flocked away (or got banned), i think it's safe to say we can now get back on discussing bitcoin walls and the moon.
CCMF!
1913.
Post 14217154 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Hey! What happened to chartbuddy? He disappeared somewhere?
got banned..
Wtf? But why? It was really cool!
It was waaayyy off topic.
This thread is for discussing block size.
haha well now the kaporal forkers have flocked away (or got banned), i think it's safe to say we can now get back on discussing bitcoin walls and the moon.
CCMF!
Hurrah! We won! Victory!
how predictable from our govy troll to heroically step in and reward us with some more hitler references.
is that all you can do? goodwin your loosing?
1914.
Post 14217325 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Hey! What happened to chartbuddy? He disappeared somewhere?
got banned..
Wtf? But why? It was really cool!
It was waaayyy off topic.
This thread is for discussing block size.
haha well now the kaporal forkers have flocked away (or got banned), i think it's safe to say we can now get back on discussing bitcoin walls and the moon.
CCMF!
Hurrah! We won! Victory!
how predictable from our govy troll to heroically step in and reward us with some more hitler references.
is that all you can do? goodwin your loosing?
Lol no, everything's going just glowingly
1915.
Post 14219869 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
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.
28min?!! i hope they kept your coffee hot while waiting for the payment to confirm!
1916.
Post 14257445 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Is this thread still going?
depends if bitcoin is dead
1917.
Post 14267059 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Imagine bitcoin trades at $1,000,000/BTC next month for some reason. Would not millions, tens of millions of people want to jump in on that? How are millions going to do it with a capacity of a half million xaction/day? They would try. You know how crazy people get in a mania.
Tens of millions, assuming just 1 x "tens" (=10 million), is ~40 times than the current 250k txs/day.
Allowing for 90% fullness, and not all blocks at 100% (if some miners opt to mine less), you'd need ~44.5 mb blocks.
For two tens (=20 million), you need ~89mb blocks.
For some reason people fail to see that. And think raising a block to 4mb will solve all the problems
It's never been about the blocksize.
Forking just to make sure they can dictacte whatever they feel like whining for, because democracy, because mass adoption blablabluh.
Still it ain't happening, bitcoin does not work that way.
Been over a year so by now the shit blocking their sight might dissolve a bit and hopefully they will soon move on.
1918.
Post 14270297 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
And again after few more years, another issue like this will re-surface so we're going to argue about raising the blockchain again to 8MB.
Pretty predictable isn't it. This shit is both annoying on a personal level & damaging to bitcoin. Nobody is ever going to succeed in this game whilst this crap rumbles on.
bitcoin already won.
everything else is noise.
1919.
Post 14270799 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
^ frustrated little usefull useless idiot
What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..
1920.
Post 14271432 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
^ frustrated little usefull useless idiot
What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..
Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...
aww poor boy
hopefully there is always that lampchop govy shill luv to cheer you up
1921.
Post 14272448 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
^ frustrated little usefull useless idiot
What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..
Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...
aww poor boy
hopefully there is always that lampchop govy shill luv to cheer you up
I'm wondering what event or series of events happened to you to make you this broken, this dysfunctional of a human being. You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.
lel coming from a block the stream core is killing bitcoin conspiracist.
move on kid, try ethereum, they still have their benevolent dictator, much fork there, great mass adoption!
1922.
Post 14272529 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.
Oh, here's another conspiracy denier / dancing israeli shill. Interesting correlation with the bigblocktardness.
them socialist derps.
1923.
Post 14273034 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
@ hdbuck:
The schism between the 2 forums isn't about block size or forking. It's about censorship and respect.
schism, lel. if only.. such wishful thinking that they'd matter so much.. ^^
there is no respect whatsoever to have for scammers, charlatans and their toxic wannabes followers..
luckily they finally got that tiny place (half a dozen members or so online on average?) to circle jerk about sensor-ships and what not.
1924.
Post 14273741 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
my 2 satoshi
posts of billyjoeallen and bargainbin today explained well for me :
Bitcoin will live if stays small (where is now ) or will be killed cold blood
another info received:
bitcoin is something extremely important, more than WW3; GMO; killer nanobot vaccines; chemtrails; GMO mosquitoes injecting GMO payload; drone swarms; fuku increasing radiation and so on :
why - because they
keep sending here best trolls in universereally top level
You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.
Oh, here's another conspiracy denier / dancing israeli shill. Interesting correlation with the bigblocktardness.
Never ascribe to conspiracy that which can adequately be explained by incompetence.
the more they whine, the harder bitcoin's consensus is to change..
1925.
Post 14274280 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the
beta!... Which is behind a Bad Gateway error indefinitely.
Try forum.epochtalk.org
Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!
Were you actually one of the people that donated to Theymos? Or you just like to complain about all of the injustices on the internet?
how dare you question mr govy derp
1926.
Post 14283070 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
Dat impotent gov troll nonstop bitching is so irrelevant.
1927.
Post 14288428 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
My earlier post about censorship here is censored. When I tried to explain why it is important to tell other users what cannot be said, it turned out I couldn't reply to the censor.
So I post it here instead.
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
My posting was done to disseminate the knowledge among forum users about why posts can be deleted. How else to avoid posting things that need to be deleted? By deleting my post, you obscure this. Hence, expect to be kept busy due to lack of knowledge among the users.
oh noes, here we go again with sensor ships!
please move along and crawl back to that shit forum to pursue your shit posting.
consider dropping bitcoin would be a plus also.
its important to follow your dreams, fork off.
1928.
Post 14316449 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
so much for quiting bitcointalk.org
i just love the controversy too much!
I didn't believe you'd really leave. You can't really trust that other forum anyway. It's run by cypherdoc.
Not even that, but literally everything there is anti-core, anti-blockstream.
Gets annoying/repetitive after a while.
To me, the Frap.doc forum's knee-jerk anti-CoreStream grumbling only becomes more hilarious as time goes on.
It leads them to ridiculous positions like being anti-CLTV, anti-RBF, and anti-SEGWIT.
Now they want to stop segwit from bumping the tps, after spending the last year moaning about how "we neeeed a tps bump RIGHT FUCKING MEOW, or Bitcoin will surely die alone and unloved like an old cat lady."
And then there's the endless process of failed vanity fork bikeshedding, from XT to Unlimited and now to Satoshi's Altcoin.
That deranged ant farm never gets old. They're always agitated and scurrying around looking for something to bite or sting.
The frequent pouty meltdowns and whiny rage-quits are priceless. It's very entertaining when they finally realize they have no power over Bitcoin, and can do nothing to change that fact no matter how much noise they make.
The Gavinistas are so self-righteous and determined, yet so ineffective. That makes for a perfect comedy of errors!
They could simply do an honest self-assessment, admit failing because they don't understand how Bitcoin works, and come back.
But that would entail admissions of error on their part and of correctness regarding Core/Blockstream/Theymos, so it won't happen, and we get to enjoy sweet LOLcow products until the last one suffers their inevitable Hearnia.
I agree with your overall points, Icebreaker; however, it seems that it could take awhile before the masses see through the various bullshit and the multiple weak-ass rage quits.
In essence, you seem to be correct that a lot of them seem to be mad for the mere sake of being mad, and it makes little sense what they are mad about, and they are seeming to cause their own issues, such as they say: "Let's cause bitcoin prices to fall in order that core compromises with us." Then they cause prices to fall, and then they say: "LOOOOOOK!!!!!!! This is Bullshit that bitcoin's prices are falling!!!!!!!!" And, they caused the very thing that they are complaining about. Crazy and contradictory at the same time... and seems to make little to no sense in the real world.
who gives a shit about the masses? certainly not bitcoin eh.
1929.
Post 14317090 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
1930.
Post 14317672 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
All the in fighting and trolling is getting a bit too much lately. The way things are currently it looks like we don't all want the same thing which is bitcoin's price to rise right.
I hope to see some kind of consensus soon.
There will never be consensus.
there is a consensus.. not to break consensus.
There will always be fighting and trolling. You'd better get used to it because this is the future of bitcoin. There will always be some minority like current big blocktards that want to take over bitcoin and ruin or cripple it.
fun times.
Bitcoin's price will rise despite all this!
1931.
Post 14332407 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
...
How many times are we gonna get fooled the same way?
until you give up and fork off?
1932.
Post 14332816 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
...
How many times are we gonna get fooled the same way?
until you give up and fork off?
Everyone who ran off to Ethereum as the "new currency" is going to get rekt hard. Ethereum wasn't even designed to be a currency/"money", and it's far less efficient as such. It was engineered for a completely different purpose - smart contracts ("dapps"). It'll do fine, I imagine, in its own right, but people jumping on that bandwagon super late with absurd expectations and no technical knowledge of the project and it's objectives will almost certainly get rekt.
10,000x this if Lightning Network "works".
100,000x this if RootStock comes to dominate too.
dapps for derps.
1933.
Post 14344755 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
"This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset. "
"This "Bitcoin as a large-value transfer system" does not destroy my thesis: Bitcoin can remain a desirable safe asset. "
"Once market penetration is complete, its return behavior is likely to mimic the return behavior of any other safe asset."
"Investors can expect to earn unusually high returns in a crisis event."
"In short, it's a great investment"
~David Andolfatto, Vice-President Fed Bank of St-Louis
http://andolfatto.blogspot.fr/2016/03/is-bitcoin-safe-asset.html
1934.
Post 14351030 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
"This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset. "
"This "Bitcoin as a large-value transfer system" does not destroy my thesis: Bitcoin can remain a desirable safe asset. "
"Once market penetration is complete, its return behavior is likely to mimic the return behavior of any other safe asset."
"Investors can expect to earn unusually high returns in a crisis event."
"In short, it's a great investment"
~David Andolfatto, Vice-President Fed Bank of St-Louis
http://andolfatto.blogspot.fr/2016/03/is-bitcoin-safe-asset.htmlhdbuck if quoting fedsters. We are all doomed.
sorry, i thought you govvy shills would appreciate some of your sugardaddy inputs.
although he is not involved with blockstream
1935.
Post 14352695 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
i asked coinbase for an increase of money i can keep on their exchange and was denied.. i have a real hard time understanding that because it is my money on their exchange, not theirs. they are taking ZERO risk. i basically feel like i have been discriminated against by coinbase. anyone else have problems getting an increase for funds they can have on coinbase exchange ?? they didnt even bother to give an explanation. i sent them an email back and told them i felt they are discriminating against me.. they have yet to respond.
lmao, sorry your bitcoin hero coinbase does not give a crap about you.
for all the fork whining you provide them, your discriminated tears are even more tasteful.
butt butttt biran amrstrong said coinbasecoin is bitcoin for the mass!
1936.
Post 14355055 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
i asked coinbase for an increase of money i can keep on their exchange and was denied.. i have a real hard time understanding that because it is my money on their exchange, not theirs. they are taking ZERO risk. i basically feel like i have been discriminated against by coinbase. anyone else have problems getting an increase for funds they can have on coinbase exchange ?? they didnt even bother to give an explanation. i sent them an email back and told them i felt they are discriminating against me.. they have yet to respond.
What's the limit? What's their rule?
And what's your basis of discrimination claim? Have they made exceptions for others?
10,000 is their limit. i have no idea their rules or anything. i didnt say i claimed it, i said i felt that way.
If they have a rule ($10k limit - which I agree seems kind of low), but they do not allow any exception for you to go beyond it, then how could you feel discriminated against, unless you have information that they make exceptions for others. Either something is missing here or you are over sensitive in wanting your way when they have a rule. Yes, it seems that you wanted them to explain the reason for their rule, but maybe they sufficiently did and you want moar than they are willing to provide.... The way you are describing this doesn't mean that you were discriminated against, but that you are merely overly sensitive.
i said i felt discriminated against.. i don't understand it.. i dont have to understand. i need to move when opportunity presents itself.. coinbase sucks. 10,000 limit is gimped. there is no reason for it other than to limit the trading ability of people as far as i can tell .
lel, raise the coinbase limit!!1
1937.
Post 14355632 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
i asked coinbase for an increase of money i can keep on their exchange and was denied.. i have a real hard time understanding that because it is my money on their exchange, not theirs. they are taking ZERO risk. i basically feel like i have been discriminated against by coinbase. anyone else have problems getting an increase for funds they can have on coinbase exchange ?? they didnt even bother to give an explanation. i sent them an email back and told them i felt they are discriminating against me.. they have yet to respond.
What's the limit? What's their rule?
And what's your basis of discrimination claim? Have they made exceptions for others?
10,000 is their limit. i have no idea their rules or anything. i didnt say i claimed it, i said i felt that way.
If they have a rule ($10k limit - which I agree seems kind of low), but they do not allow any exception for you to go beyond it, then how could you feel discriminated against, unless you have information that they make exceptions for others. Either something is missing here or you are over sensitive in wanting your way when they have a rule. Yes, it seems that you wanted them to explain the reason for their rule, but maybe they sufficiently did and you want moar than they are willing to provide.... The way you are describing this doesn't mean that you were discriminated against, but that you are merely overly sensitive.
i said i felt discriminated against.. i don't understand it.. i dont have to understand. i need to move when opportunity presents itself.. coinbase sucks. 10,000 limit is gimped. there is no reason for it other than to limit the trading ability of people as far as i can tell .
lel, raise the coinbase limit!!1
thats all i am saying.. but i gotta have a bigtime argument over it with juangee .. he is like some granny who nitpics all the details.. who cares, raise the dam limit .
Yeah right... details, details, details.
Who needs details?
The only detail that we need to know is that Mr. Aztec is correct. Whatever Mr. Aztec wants, he should get it. No questions asked, especially about nitty picky details.
mr aztec want all limits to be removed as surely his stupidity have none.
1938.
Post 14357567 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
BTW is there any bad news we can attribute this "crash" too?
yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??
Has anyone ever mentioned to you that you were a gimp?
Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.
See more about this goofball at GimpyMrAztec.com.
of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .
coinbase is shit.
and you can bitch and whine all you want about limits, you just get what you deserve.
1939.
Post 14413293 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.48h):
hey trollz, free lunch!
1940.
Post 14586418 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.49h):
1941.
Post 14601466 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.49h):
bitcoin still has a flaw that it cannot scale.. you can take that anyway you want to. .. if its fud well too bad.. bitcoin still cannot scale. i have the intelligence to understand and accept this fact, while you on the other hand only have the intelligence to insult people who disagree with you. i think my little seven year old niece can do that and her brain isnt even fully developed yet.
once again, it doesnt matter if the price goes up since i am sitting on a pile of coins in cold storage.. if the price were to go lower to a point i feel is a buy then i might buy more. what i am not going to do is sit here an come up with different bullshiat to lie to myself and everyone like you do everyday.
+1 Aztecminer is exactly right and I am in the same position. You can keep pumping and make my cold storage coins more valuable if you want, but I'm not putting in one more dime until scaling gets fixed and it's not fixed.
ditto!
hahahahahaha.
Searing... I didn't think that you were dumb like those two... .....
ouch.
1942.
Post 14742231 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
wright is NOT satoshi...100% bullshit, if im wrong ill dump all my BTC forever
quoted for evidence
double quoted , lol
what do u think...wright is satoshi? lol
yes
* yefi puts on his gorilla suit
If he publicly and verifiably signs a message from the genesis block, I'll give your newbie butt 1 shiny bitcoin. Quote it.
Craig Wright says he will move a coin from an early block in the next few days. The BBC says "that should convince many of the doubters". I say he should sign a message with both his PGP key and a Satoshi Bitcoin, and move some early coins (to my Bitcoin address). That would convince me.
You can give my senior butt 1 shiny bitcoin if he does it, but I'm too poor to return the favour if he doesn't.
http://www.bbc.co.uk/news/technology-36193006The man who has identified himself as the creator of Bitcoin plans to provide further proof to his claim.
Craig Wright's spokesman told the BBC that he would "move a coin from an early block" belonging to the crypto-currency's inventor "in the coming days".
*snip*
This morning, I have managed to reach Jon Matonis, who is at a cryptocurrency event in Kenya. He remains absolutely convinced by Craig Wright but agrees that the blog hasn't helped his case.
"It needs to be amended because it's not conclusive for the general public. But that does not take away from what I saw in private," he explained.
As far as I can see it, if Dr Wright can move one of Satoshi's bitcoins - as promised - that should convince many of the doubters.
It would constitute proof that he is who he says he is - although one suspects that even then some will never believe his story.
meh that prick has a fucking spokesman...
1943.
Post 14791228 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
problem is even the noobs now use google and have access to a wealth of information unlike 2013 when everybody was a noob,lol.
You're still a noob, pumpy. Stick to eth pump thread!
kids these days. ¯\_(ツ)_/¯
1944.
Post 14805947 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
Wow that looks like a really good chart right? Looks like the price has been 'breaking out' for over a month as it nudges closer and closer against resistance. Sentiments have been tremendously universally bullish for months as bitcoin makes headlines all over the news and the chart looks just like 2012 right before the 2012 halving. Every thread on the forum is positive and predicts the level of the next rise. Meanwhile, CHINA is still the market leader. What could go wrong, right? The BFX order book bids are paper thin and BFX longs are maxxed out at 32M. Each time this margin level was reached in the past was when bulls were buying in to what looked like a big breakout (such as in July 2014) but inflected into the next decline instead. I'd say there is a distinctive chance of another decline to the 300s before any meaningful rise. I'm not betting anything on that though.
sheesh, bears, always trying to nickel and dime some fiat out of junk
get with the program or get #r3kt
a 300$ retest would be as likely as a $500 breakthrough.
but when bulls are starting to get overconfident, bears tend to come out of the woods.
1945.
Post 14806824 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
but when bulls are starting to get overconfident, bears tend to come out of the woods.
Good. A bear trap can't work without bears.
hehe, but its not about the bulls nor the bears anyway.. its about the whales!
1946.
Post 14825794 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
Growth with bitpay payments = growth in BTC->USD conversion.
nah, growth in bitpay payments = growth in bitpay bullshit.
1947.
Post 14849379 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
socks talking to themselves again?
much echo.
1948.
Post 14884843 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
ETH is growing while the volume for BTC is only slowing
Investors see exciting new technology where the people running the show are working to solve the technical challenges they face before they become a problem.
I know this seems exotic in an environment where development is hijacked by an appalachian christian fundamentalist anarchist who wants to be able to run the entire network on raspberry pi's and cyrix gear in time for the rapture, but that's how it should be done.
man you are deranged specimen.
why would you stay here then? move on?
give US-lambchop-G a BJ, buy DAO and go fuck yourself.
1949.
Post 14932672 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
Ha Finex shorts are up 50% from 9.5k to 14k+ in 3 days. Almost there, getting my torch ready
Of course shorts are up, why would anyone go long on BTC now?
Because BTC was, is, and will always be the reserve currency of crypto world.
Used to be true, in a sense, before exchanges updated to BTC/USD pairs. Now ETH has no need for inefficient legacy bitcoin middlemen
@USB-S: Other than drugs (and, obviously, exchanges), what did you spend BTC on that wouldn't have been much simpler, cheaper & safer to buy with plain old CC?
(This is an honor system question, so no lying)
spending isnt the point of bitcoin anyway.
besides, do you buy anything with eth at all? i mean besides fuzzy dreams?
1950.
Post 14940450 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
1.5% volatility is considered unstable?
As compared to the JPY at .95% volatility or BRL at 1.1%.
Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been
really ugly the last months.
gd point m8.
Also, ive never seen so much fear in the BTC traders, if BTC does go under $300 at any point...what will happen to ETH?
ETH doesnt need to do anything and could still easily go over $50
oh wow. lol.
1951.
Post 14949422 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.50h):
Ahh perfect, we all remember how the last moon count down worked out. Now can you make yourself useful and tell me where i can watch the chart of ETH live like bitcoinwisdom before you go on the ignore list?
LOL this GDAX countdown page looks like a pump n dump scamcoin page.
its stellar all over again.
1952.
Post 14968689 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
the big wow factor will be when >75% hashing power + economic majority HardFork bitcoin to 2MB blocks.
It's already going to 2MB blocks + segwit with 2017 hard fork anyway, which should be an effective 3.x MB block size. That's why there's not much of a reason to make a big deal out of it unless someone tries to renig. Also, weak blocks make raising block size not an actual problem and weak blocks is already planned here:
http://coinjournal.net/blockstream-president-adam-back-shares-roadmap-scaling-bitcoin/There's not even any argument that Bitcoin will or won't be scaled, it's just that people believe core is doing it too slowly, but that's just how it is when you actually have to develop and test things first for something where you make a mistake would implode billions of dollars.
There is no guarantee it will happen it can only happen if mostly everyone wants it to happen. that much has been made clear as day in the past year. ( to the point were people are afraid nothing can ever happen because getting "mostly everyone" to agree is "impossible" )
when the HF happens and we get our first 2MB block 10mins later.
people's heads will explode.
dont kid yourself the 2MB HF will be a BIG DEAL.
lol, big deal yeah, massive dump.
but it aint going to happen, gonna need a tad bit more than a buncha whiny shits to fuck with Bitcoin.
1953.
Post 14975968 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
meh, GS and their misguiding analysis.
bitcoin is not about public, nor transaction.
bitcoin is about privacy and holding up the only safe asset left in the world.
1954.
Post 14981675 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
He'Brew
1955.
Post 15007875 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
1956.
Post 15035927 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
This thread is a nice representation of the world outside: any kind of people is showing up here. Don't you have anything to do out there?
holy crap
I am sitting in Central Park listening to live jazz while watching pigeons and
people pigeons. There has to be some benefits to working 12 to 15 hrs a day.
there ftfy. or is it "people and people"?
1957.
Post 15057302 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
ffs how many new noobs account has that govvy piece of shill created?
plz dont quote or respond to that rat.
1958.
Post 15057822 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
So, we have 38 days until the halving. Price is at ~$530. KNC just went Bankrupt, There is no scaling solution. Is it realistic to expect moon? I think maybe we'll have moon like October, but I don't see really anything hugely positive unless all the demand comes from China due to ongoing currency devaluations. I'd like to see another leg up this weekend but I'm not sure anymore.
There is no limits to scaling you forkers stupidity.
1959.
Post 15058835 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
Page after page of Lambie sockpuppets
- big move coming sooooooon
yeup, put the desperate creep on ignore and dont feed it.
1960.
Post 15061230 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.51h):
Jihan of Bitmain says he won't activate segwit until a HF to 2MB for activation in July 2017 is released by core. You should be thanking him for calling Blockstream's bluff (the HK Agreement farce). If miners continued to have zero spine, you really will have 1MB4EVA with all kinds of soft fork cruft and kludges to do whatever is best for Blockstream's products and interests.
Don't get me wrong, I do like a big block. But I think it's a pathetic indictment of all sides that useful stuff like segwit has to be held to ransom to get other changes through. And I will forever believe that r/btc is filled with freaks.
the status is quo bitches.
seems bitcoin is decentralized after all.
1961.
Post 15099573 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.52h):
Approaching 600$ and happily testing it: a good case for a Monday.
Guys please stop feeding the troll and let's go back to business.Interesting trading day ahead
You're right.Sorry for that.But sometimes....aarrgg!!
I guess you know what I mean!
And yes this is a good start into a new week.Next days might become very interesting.
$600 could be possible within the next days.
All I know is 'very interesting indeed" if say
BTC was to hit the ATH again of around $1,100 dollars Say within the next 4-6 weeks.
Bitcoin
holders/The Press/The Chinese Gov't/ well hell
everyone would just 'lose their frigging minds' at that point imho......
FUD/FOMO/Regulate BTC/Unregulate BTC much noise/lamenting/boasting etc etc
It would be 'quite' interesting indeed..toss in
Seg Witness hitting/the block halving/ethereum/lisk into this mix and a big spike in
BTC transactions and THEN we'd have a party
Thing is, Bitcoin DGAF 'bout all this.
1962.
Post 15174616 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.52h):
we all knew something was brewing, considering the amount of fud and hate and trolling and alt-shilling in the last two weeks.
there is nothing better than green candles to shun those trolls.
lampchop its time for you to terminate yourself.
1963.
Post 15177601 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.52h):
Investing in gold right now is like investing in travel agents just at the arrival of the world wide web.
Wrong!
Bitcoin counter value is not dollar. Bitcoin counter value is gold. If you feel bitcoin is overbought, and from time to time that would be the case, you should invest your bitcoins into gold.
Bitcoin's counter value is bitcoin..
1964.
Post 15177747 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.52h):
1.02 BTC Wall...munched.
1 BTC is a wall?
not quite... yet..
1965.
Post 15342522 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.54h):
you can quote me on this. brexit is a fucking disaster for everything. it's not somehow going to benefit bitcoin.
Disaster and economic collapse is coming, no-one can stop it, it's like a force of nature ... the consequences of decades of bad decisions can only be delayed for so long. Nations need self-determination, building of empires and centralisation can only socialise losses and risks for so long ... and then bam, all the chooks come home to roost.
burn mofos burn!
1966.
Post 15504704 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.55h):
Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.
LOL Look who's back, a voice from the past.
Speaking as one with the wisdom of the ages, I assure you.
confirmed, bitcoin is going dao-wn.
1967.
Post 15682696 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
Good point, Elwar, as I was asking myself, will the COIN ETF ever get approved ?
I think yes, but it's not around the corner.
What you think ? If no, why ? If yes, will take some time, right ?
Thanks buddy
ETF is bullshit (not bullish). winklewees are ever failing wannabes burning through daddy money.
trading paper coins will certainly not lead btc price higher.
just look at how gold ETFs are used to lower its price, flooding the market with their monkey gold.
1968.
Post 15707603 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
Good point, Elwar, as I was asking myself, will the COIN ETF ever get approved ?
I think yes, but it's not around the corner.
What you think ? If no, why ? If yes, will take some time, right ?
Thanks buddy
ETF is bullshit (not bullish). winklewees are ever failing wannabes burning through daddy money.
trading paper coins will certainly not lead btc price higher.
just look at how gold ETFs are used to lower its price, flooding the market with their monkey gold.
Elwar, what do you think about what hdbuck said ?
And yes, I'm aware of that second ETF filled by SoildX.
You said that the winkies are impatient now, how will this help in accelarating the decision taking ?
Plus, don't you think it's too soon to see that the COIN ETF will launch before the end of the year ?
Lastly, do you think we could have two Bitcoin ETF's in two diffierent stock exchanges ? Probable ?
The part about the Winklevoss twins being impatient implies that they are still actively trying to get this to work and by changing exchanges they are showing that they're willing to do what it takes to get it done.
As far as lowering the price? No. We already see that people are willing to spend double the bitcoin price for bitcoins on the exchange market if they have a broker handling it. The more people who are able to check a box at work to have some of their retirement go toward a bitcoin investment the higher the price will go. That is a market not yet tapped. And it is huge.
It's all speculation as to when it will happen though. They said that it usually takes 2 years from the initial filing. It's been over 3 years.
Thanks for the reply, Elwar.
1.
That is a market not yet tapped. And it is huge
Any numbers about that numbers, even an estimate ?
2. Do you think we could have two Bitcoin ETF's in two different stock exchanges ? Probable ?
3. What do you think about this
https://www.gsx.gi/article/8292/gibraltar-stock-exchange-welcomes-bitcoineti4. And this as well
https://www.reddit.com/r/Bitcoin/comments/4uiny2/vontobel_issues_first_bitcoin_certificate_on/Thanks
Your guess is as good as mine. I like Cameron's guess of $40,000
As far as the Gibraltar ETI...I thought there was already something similar in Switzerland. I'm really not a big stock market guy, I just think it opens up to a lot of big investors. Plus I could invest my tax deducted retirement into bitcoins (if I paid taxes).
Pardon me, but what guess and what that $40 grand ?
I was asking about this market and any numbers you are aware of or even an estimate
The more people who are able to check a box at work to have some of their retirement go toward a bitcoin investment the higher the price will go. That is a market not yet tapped. And it is huge.
And still you didn't answer my question, could we have 2 ETF's ?!
Thanks
I don't see why not. An ETF on different exchanges. That's why I think it'll go quicker. Each exchange won't want to be known as the losers that couldn't put together an ETF.
the point of bitcoin is not trusting anyone.. ETFs are oxymoronic.
sheeple will be shaved from its stupid fiat in due time, but it'll be too late for them to gather even coupla satoshis.
then yea maybe their only resort accessing bitcoin will be ponzi ETF shenanigans.
1969.
Post 15759658 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
Bitcoin price is now so boring I actually forget about it for hours on end and started picking up past hobbies again... Wtf bitcoin, you were supposed to be my 24/7 drugs of choice
This. Bitcoin is almost acting like a normal national currency at the moment. Where is the volatility?
there is simply no hurry. bitcoin will survive us all.
1970.
Post 15794332 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
[–]zanetackett [score caché] il y a 3 minutes
I can confirm that the loss from the hack stands at 119,756btc.
bye bye finex hellooooo cheapppp coinz!
1971.
Post 15794661 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
the dump is not over yet
dead cat bounce!
1972.
Post 15795130 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
Bitcoin survived with something like 7% of all coins getting hacked, why would it hard fork for ...0.7%? It's a non-issue (for the greater whole).
thats not a HF proposal, just bribing the miners to 51% attack the network.
1973.
Post 15799916 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
!!!!!DO NOT LEAVE YOUR COINZ ON EXCHANGES YOU FUCKING MORONS!!!!!
This.
Very naive, asset needs to be liquid to have value. To be liquid we need a place to exchange it for other assets, and that exchange place needs to be able to handle needed volume, and to do that someone needs to hold a lot of cash and assets on said exchange
you're too mixed up in the failed fiat system ... how many coinz have you lost to the exchange hacks mr. sophisticated?
How much more naive could you get than idiots that hand over their wealth to gambling houses in the expectation of endless profits? (Spare me the self-justifying bullshit about "liquidity" Bitfinex was a casino.)
You rubes seem to have an infinite capacity to keep getting taken ... keep putting up those big fat pots of fail army dosh and it'll end up in stronger hands every time ...
it's about time to fuck centralized exchanges.
migrate to otc, local bitcoin, opendime or whatevs... such practices also enables fungibility, which is seriously hampered with all the KYC/AML shitshow them obsolete exchanges make you silly go through... all this for *nothing* when they got hacked heh.
1974.
Post 15801300 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.56h):
1975.
Post 15924726 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
I can know much as you do, with my eyes looking at graph and thinking logically. (and reading facts on internet)
Right now you see shitload of FUD everywhere, fake news about bitcoin "dying slow death", new fake profiles, and bitfinex trash situation. Don't you just sense fear and uncertainty?
More facts:
- Trading bots love low price, they will buy fuck out of it once the long trends reverses
- First halving price&after
You see, bitcoin never touched that price again.
And right now, bitcoin price is lower than it was pre/post 2nd halving. And this is just because of bitfinex situation.
- Bitcoin is still developing tech.
It's good time to buy if you ask me. If you are not sure, wait 3-4 days.
you clearly have no idea about trading at all.
I mean there is not even a slight correlation with the 2012 halving and the price spike MONTHS after. All you do is interprete something into a price chart you simply wish is true.
Fact is there is no real influence to the price from the halving. No this time and not really last time. Yes it created some volatility.
Also: "Past performance is not an indicator of future results"
I think you are wrong on pretty much everything you say here.
thing with bitcoin is that it is clock work engineered.
such immutably predictable system.
1976.
Post 15935010 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
monkey is looking for downside through next sunday, roughly. also bearish through at least mid-September. supports are 561, 537, 490, 444, 224
Your monkey was bearish last January, but the price had doubled within six months. Your monkey is a crap trader and needs sacking. If he says sell it's probably best to buy. If the price doubles again within six months will you permanently sack your monkey?
FYI monkey now thinks BTC is broken. Short for 1 month, at least. I am not trading this (except to rotate into XMR), but neither do I accumulate.
Yeah, the monkey underperforms in BTC relative to other instruments, but he still outperforms me, if I interpret him correctly, and does represent a slight edge. I don't have enough data (or time) to quantify the edge, but I guess its about 5-8%. Consequently my sizing is small in BTC. In SPX, UST, GLD, OIL, JPY, EUR, he does much better (or my interpretive skills are better,
mutatis mutandis) -- about a 15-20% edge. I have enough data to quantify that, but haven't bothered.
You will notice that I said I was not going to trade with the monkey in January. It turns out that was the right call. This time I am trading with the monkey, and time will tell. So far he has me up about 4% since Saturday, on that small position. XMR on the other hand has been a rocketsled up the mountain.
Your monkey would do better trades if you blindfolded it, and got it to throw darts at a newspaper stock listing. Buy the stocks the darts hit and you will outperform both amateur and professional traders.
A Princeton University economist (Burton Malkiel) developed a theory that a blindfolded monkey throwing random darts could outperform professional traders. Forbes tested the theory every two months, and the monkey won.
Blindfolded Monkey Beats Humans With Stock PicksConsider Princeton University economist Burton Malkiel's "efficient markets theory." In his 1973 book, "A Random Walk Down Wall Street," Mr. Malkiel argued that if the market is truly efficient and a share price reflects all factors immediately as soon as they're made public, a blindfolded monkey throwing darts at a newspaper stock listing should do as well as any investment professional.
Every two months we test this theory. Four amateurs, four professionals and the monkey go up against the market, as measured by the Morgan Stanley Capital Index for Europe.
Amateurs, professionals and the monkey have now completed three rounds of competition from July 2000 through May 2001. If percentage gains are converted into dartboard points, the monkey has moved into the lead with 13.3 points, followed by the professionals with 4.4 points, and the amateurs with -81.22.
i could think of one more thing monkeys are good picking at.
1977.
Post 15936550 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
haxor wants coinz and welfie l33ts heads ... or else! legit.
this is gentlemen!
1978.
Post 15942824 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
Obviously, why the hell would the NSA actively try to help people avoid government taxes & make anonymous money transfers.
You only *think* bitcoin is anonymous.
True, it's not.
it is, if you really want to.
1979.
Post 15974630 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
August 17, 2016
...bla bla bla bla...
We are actively engaged with efforts to convert certain qualifying token-holders to shareholders of Bitfinex and to redeeming the remaining BFX tokens through a combination of new capital and earnings.
...bla bla bla bla....
We will continue to provide further updates as and when we are able.
The Bitfinex Team
well they post much better announcements than MTGOx ever did..
but they are very unclear about the BFX token and its meaning... "qualifying token-holders" will become "shareholders of Bitfinex"
wtf man wtf.
this f*ck lives already on the British Virgin Islands and you can now register and hope you are
qualified enough
https://bfxtrust.com/Seems to be an interesting experiment, and question regarding whether it is going to have any solid value in the future or just a means to suck some more people into a scam... Don't get me wrong, it seems that they may be making some meaningful efforts in the direction of rectifying matters in the event that the official story (regarding an unknown hacker) is actually true.
nope, ts'all bullshiet.
bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet bullshiet
Bitfinex got y'all bitcoins, and you get bails in and shitcoins.
1980.
Post 16002023 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
You can't stop this.
Oh yeah?
Watch...
static const unsigned int MAX_BLOCK_SIZE = 1000000;
Boom, stopped cold.
Next!
(and don't even try to bring up segwit in april scam, it is a minimum of 6 months away from release.)Look at this tried and wanna be true outdated remanent of a made-up claim from the past, blocks are full... yeah, right.
Hellow::: Block size limit is a current feature, and not a bug.. and regarding seg wit.. you are correct that it is going to likely an improvement on the current situation.. and is a work in progress that is on the cusp of going live... Have a little patience!!
its an undesirable feature....
Undesireable, by who? you cannot really be still buying into the idea that bitcoin is somehow broken because of some kind of supposed blocksize limit issue?
my view has never changed...
i dont think bitcoin is broken
but it is limited.
unnecessarily limited.
but i do think there are SOME who choose to enforce this unnecessary limitation on the network for silly ideologically reasons.
Yes, we are likely repeating ourselves with some of these old arguments..... but yeah, maybe sometimes it can be worth repeating, or at least to reassess the matter under current circumstances.
You agree that bitcoin is not broken, but you assert that it is unnecessarily limited.
In essence, you are still wanting to suggest that the best solution is that the blocksize limit is increased; however, if bitcoin is not broken, and there are remedies in the wings, then I don't understand the problem... Where's the rush to increase the blocksize limit?
I think that there remains a bit of faulty logic, when you are suggesting that something, such as a blocksize limit increase, should be done right away, but at the same time conceding that bitcoin is not broken.
Scaling is likely to be an ongoing issue that is not going to go away, and raising the limit or creating some kind of schedule as was proposed in XT and classic are not going to resolve the issues, and anyhow, those XT and Classic solutions had failed to convince enough folks about their essentiality (also they had the problems of attempting to attack governance too, which made them sloppy). Anyhow, there are some partial remedies in the works that are close to being released into the live, and seems good enough to let those play out for a little while, first, before jumping too far ahead of ourselves concerning a problem (which you characterize as bitcoin being unnecessarily limited) that is not agreed upon as actually being a problem.
Block size limit increase is NOT optional ( LN will require bigger blocks)
what's the point of delaying it ?
there is no (legit) reason why we can't bump the limit AND have LN in progress
i've had it. (
https://bitco.in/forum/threads/newbie-with-problems.1389/ )
i'm done thinking
its time to act.
We're forking Bitcoin.
We are a group of Bitcoin users forking Bitcoin back to its original vision of scaling on-chain to the world; with or without miner majority.
"It can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit" – S. Nakamoto
finally!
please dont mind the door while forking off.
1981.
Post 16018276 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.57h):
Since this thread is full of people who watch the price most of the day, please check out this thread and let me know which bitcoin price ticker you use and why:
https://bitcointalk.org/index.php?topic=1594847.0Your input would be much appreciated.
the only price that matter is how much bitcoins you have at the end of the day. dollar is so yesturday. going up and down vs bitcoin.
1982.
Post 16586842 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_14.58h):
Oooh...block size talk is back...
cheap coins!
price is dam to high..
1983.
Post 18224007 (copy this link) (by hdbuck) (scraped on 2020-04-04_Sat_15.06h):
“With growth momentum nearing its peak and rates increasing further with a hawkish Fed, the asymmetry for equities is turning increasingly negative. This also means more vulnerability to potential shocks, e.g., from European politics, US policy, commodities and China. The increase in risk appetite in recent months and strong positioning by systematic investors such as CTAs and risk parity funds increases ‘vol of vol’ risk, i.e., the potential for a sharp correction.”-Goldman Sachs, March 15th, 2017
THE SHILL HAS SPOKEN!!!
So much propaganda!! Amaigad!! 
Embrace your physical gold, silver and BTCiTcoin! And expect a crash landing! y'all going to get short squeezed like chimps.
