All posts made by coins101 in Bitcointalk.org's Wall Observer thread
1.
Post 5479509 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.23h):
This is just the exchanges drumming up a bit of extra trade as the volumes have been a little on the low side recently.
2.
Post 5484059 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.23h):
What the fuck is this Auroracoin?
dropping for all the citizens of Iceland, trying to spread the crypto power to a country due to the way they got fucked in the last recession
Trying to introduce a cryptocoin into a country where all cryptos are banned.
By dropping pamphlets from the sky.
Give 10x the allocation to the politicians first.
3.
Post 5484316 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.23h):
I do not understand this mindset that people get in when they see a rising price or a reversal, that all the sudden it has to reach an even higher level on the same day, and then an even higher level tomorrow, breaking every known resistance on the chart. "It's going to go all the way $XXX!!!". Why? They think that once the reversal is in, all the work is done and we might as well go to ATH right away and skip the whole recovery part. People get caught up in this emotional exuberance that has nothing to do with actual trading trends.
cause that is what happens when demand takes over...
False. It takes weeks of sideways trading and gradual uptrending to break the major resistance levels. They don't just go down because everyone suddenly decides the party is on. Look at bitcoin's history and you'll see.
This.
+1
4.
Post 5550803 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.24h):
http://www.amazon.com/gp/pdp/profile/ATILATX3PEXZ4/ref=cm_cr_rdp_pdp Loved it!!! Excellent product, Experdited mailing, October 30, 2013
Amazon Verified Purchase(What's this?)
This review is from: Mirrycle MTB Bar End Mountain Bicycle Mirror (Sports)
1. The mirror itself is top notch. No distorsion (i.e., clear though convexed) unlike my previous Schwinn's at K-mart
2. Like it says, for the mountain bike, the mounting using the wedged end to the handle keeps it very tight, unlike
the collar-on-outside of handle mounting of the Schwinns and the like.
3. Even the articulated joints are tight and doesn't need any constant adjustments like my former. the threading
were made extra tight for this (the tooling to do the threading is purposefully made smaller).
4. i use it for the pavement (not dirt trails) and it holds the position after 30 miles. of course, if u bump the mirror,
it needs a little adjustment but that is expected.
5. Improvement: make the mirror about 1 inch diameter greater
6. just go buy it!!!
Are you fucking kidding me? The man can't even spell or construct a proper sentence. Experdited? Distorsion?
This is not Bitcoin's Satoshi.
This.
5.
Post 5556347 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.24h):
He said ~ I am not involved with Bitcoin. Not I did not create Bitcoin.
Still think they have the wrong dude.
6.
Post 5556407 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.24h):
im considering this might be a big publicity stunt for bitcoin and we are instead going up
thoughts?
Not till next week.... publicity increases *generally* come with a lag while money is moved over
Edit : Changed "always" to "*generally*".... bad publicity moves the price instantly lol
Sanctions on Russia will drive price up.
Russians looking to continue transacting with the rest of the world will just use it despite being banned. Government will turn a blind eye for this purpose.
7.
Post 5557003 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.24h):
Is he possibly attempting to use some Jedi force push here?
This guy did not write any of these quoted words
http://crypt.la/2014/01/06/satoshi-nakamoto-quotes/
8.
Post 5557945 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.24h):
9.
Post 5572408 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.25h):
Good job.
10.
Post 5624683 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.25h):
Yeah, let's build them! Let's take your knowledge of building roads, my knowledge of building roads, and combined, I'm willing to bet that we'll have a total of zero knowledge of how to build roads. Since we can't do it, someone will have to. But that someone is going to want to be paid for their investment/hard work, so you'll probably have to pay tolls every few miles. Oh, wait, some people can't afford those tolls. Those people better stay home or get ready to walk it, because they're fucked.
So who builds the roads now? The government? No. It just pays for them. It hires private companies to build them (in most cases. Sometimes they will have their own national road building company) So how is that working out for us? Is it the most efficient way available? Is it the most fair? I would doubt it. Just because the government has been the sole provider of something during your whole life doesn't mean it is impossible to provide in different (and better) ways. What about progress?
...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.
I am willing to concede that during the majority of history this might have indeed been an impossibility due to barriers to efficient communication. Now that the internet and associated technologies are ubiquitous I feel we need to have this discussion again. The need for empire to hold society together might be far greater in a world where information travels no faster than a horses gallop, than in one where information can propagate at the speed of light globally.
Just because something hasn't been done so far with the technological and cultural level of development we had so far, does not mean that i can not be done. I hope this is clear.
I would be glad to see people, who are *sure* that a society based on voluntary cooperation and decentralization can't work just stay with the old models they feel comfortable with and let the
Neophiles try the new, weird, far-out stuff. If you're sure it can't work, just let them learn their lesson the hard way, will you? And if, by any chance, they might succeed in creating communities which are more free on an individual level, more efficient in their use of resources or otherwise desirable, that's a great thing, isn't it? Wouldn't they be happy about that? They would now have more choices than to "move to a different piece of land managed by a slightly different type of government".
I repeat: let's build that shit. If you pay attention, you can see the first green shoots appearing. Think of Seans Outpost or the Dogecoiners who sent Jamaicas bobsled team to the olympics. Crypto gives us the tools, now we need to use them. Help us, or move out of the way, please!
The bitcoin corporate miners have centralized a decentralized experiment. That's how life rolls. Move on.
11.
Post 5625351 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.25h):
The bitcoin corporate miners have centralized a decentralized experiment. That's how life rolls. Move on.
what makes bitcoin decentralized is the fact that i can generate a valid public / private key pair on my own and send funds to it without consulting a central authority.
large mining pools are not a problem
large solo miners are not a problem
if anyone big miner doesn't play by the rules that the majority of the network sees fit, the network will simply ignore his blocks regardless of his hashing power
even if it was true that smaller scale mining projects are unfeasible, this doesn't mean bitcoin is centralized.
and the fact is there are many many many small medium and large scale miners, so your statement is false.
People that work at the NSA and GCHQ would make it their business to know where every large mining operation is and be prepared to turn the power off. The Satoshi paper pushed CPU mining for a reason.
12.
Post 5795591 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.28h):
Ripple sounded like a great idea. Until I looked into it.
+1
+2
+3
+4
+5
+6
+7
+8
+9
+X
= N*(N+1)/2
+ One Dozen
+XIII
+∞
13.
Post 6037839 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.32h):
New ATL on stamp.
ooch ooch MF'er..
shopping time
All time low? This time last year it was at $103 and the year before at $4.91
and the year before that?
14.
Post 6071945 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.33h):
I assume that the next real dump will be a brutal one. A few chinese exchanges might go dark overnight and even
leave customers back MtGox style, most of them will shutdown completly at least(without stealing). I expect total chaos,and nothing less. This right now is truly the calm before the storm.
But at least we might see a reputable bounce after the upcoming chinese desaster flash crash.
either this, or they will relocate to Hong Kong.
15.
Post 6072065 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.33h):
I assume that the next real dump will be a brutal one. A few chinese exchanges might go dark overnight and even
leave customers back MtGox style, most of them will shutdown completly at least(without stealing). I expect total chaos,and nothing less. This right now is truly the calm before the storm.
But at least we might see a reputable bounce after the upcoming chinese desaster flash crash.
either this, or they will relocate to Hong Kong.
Are you new here?
Don't quote the troll.
wall observer. pop in and out when the shit hits the fan.
troll. noted.
16.
Post 6114663 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.34h):
Have there been any views on what might happen if the PBOC deadline is confirmed as ~15 April?
Are the sellers all done or are there some hiding in the wings waiting for official news?
17.
Post 6162247 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.35h):
All that effort to get LTC on to the big Chinese exchanges.
18.
Post 6162344 (copy this link) (by coins101) (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.
Yes I agree, but we have had weeks of anticipation of what impact China would have,,, we all knew it was coming and yes we have suffered a 150ish drop since all the bad news started really sinking in,,, the previous drops can be attributed to MT Gox and alike and tons of fud to boot. I still have some faith left that the underlying concept of BTC is strong, alive and well and will continue on and grow and we will recover robustly. Keep Hodling
I'm not sure what you mean by this. We all knew any news coming out of China would lower BTC price. No one knew if China would ban BTC. As of this time, it's still not banned. If it is, the price will go down more.
They won't ban it.
Just currency controls and stopping people from taking their wealth out of the country.
19.
Post 6163728 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.35h):
The pop in October and November was very exciting.
Looks like we get to do it all again.
20.
Post 6177979 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.36h):
Right now watching BTC is about as exciting as watching grass grow
Actually, I find watching grass grow quite exciting.
21.
Post 6179163 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.36h):
Problems solved.
Chinese exchanges are moving out of China.
http://www.coindesk.com/chinese-bitcoin-exchanges-prepare-to-move-operations-overseas/Other than a Moses type exodus of biblical proportions with all their customers moving out of China too, not sure how this solves the problem of using a regulated fiat currency with these exchanges.
22.
Post 6199362 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.37h):
confucius once said - here we go
23.
Post 6220148 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.37h):
China trying to go higher.
I was in the bear camp at £300.
I hang my head in shame. It has survived China censorship and centrally controlled free market capitalism.
Never again will I doubt, The Bitcoin.
24.
Post 6238490 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.38h):
Can we do China banning Bitcoin rumours every Monday, about 10am.
Then on Friday, say 2pm, can we get all the Chinese exchanges to deny the rumours and confirm that their banking partners are fully on board and everything is running smoothly.
That would make for a great weekend with some extra beer money.
Thanks in advance.
25.
Post 6262793 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.38h):
Can we do China banning Bitcoin rumours every Monday, about 10am.
Then on Friday, say 2pm, can we get all the Chinese exchanges to deny the rumours and confirm that their banking partners are fully on board and everything is running smoothly.
That would make for a great weekend with some extra beer money.
Thanks in advance.
You have got the days all mixed up.
Rumours of a ban start on Monday.
26.
Post 6381274 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.40h):
From the last few price surveys, I'd say Wall Observer is a market maker.
Can you edge the prices up on the next survey, please
27.
Post 6494915 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.42h):
Interesting how closely the price of Bitcoin mimics the Wall Observer survey results.
28.
Post 6507882 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.42h):
FXBTC (4th bitcoin exchange by volume in china) shut down by 5/10, cites it's because of unfavorable PBOC policies
what exactly are the Chinese trading if fiat is not allowed or restricted?
BTC <> $? Don't think so.
BTC <> LTC? Don't think so.
29.
Post 6512737 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.42h):
30.
Post 6515494 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.42h):
What happens when the US 'bans' bitcoin?
China will un-ban bitcoin
31.
Post 6596241 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.43h):
cc you mf
32.
Post 6627818 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.43h):
Do you think that China fear the bitcoin?
No. Chinese gov. fears AliPay, Alibaba's version of PayPal.
Alibaba accounts for ~60%-80% of e-commerce, so Alipay transacts a lot.
33.
Post 6636912 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.43h):
Basically, you will be buying from the Twins. That is why I do not understand why people consider it bullish - they already got the BTC, now they will be selling them
Will I? As I read the prospectus, the authorized participants will have to deliver the BTC to have baskets (of shares) created. The authorized participants are not the Twins. The Twins would have to sell their BTC to the authorized participants, which they could of course. Is that what you are alluding to?
I am still curious who those authorized participants are going to be:
"Authorized Participants are the only persons that may place orders to create and redeem Baskets. Authorized Participants must be (1) registered broker-dealers or other securities market participants, such as banks and other financial institutions, which are not required to register as broker-dealers to engage in securities transactions, and (2) direct participants in DTC. "
https://www.sec.gov/Archives/edgar/data/1579346/000119312514190365/d721187ds1a.htm#toc721187_14If the names are big, I don`t think the Twins will necessarily have to sell their BTC...I think it actually could be bullish.
I have not read the fine print, but I know the Twins have ~100,000 BTC and are in the process of registering a vehicle to sell BTC to the masses ... Now if you connect the dots ... They are also doing a lot to pump bit coin price, like announcing last year that the true value was 3,000 or 30,000 ... either way, nobody still accumulating would do this. So either they want to sell immediately or in the future
From the coindesk article :
According to the SEC filing, the ETF is expected to IPO for 1m total shares. Each share is worth one-fifth of a bitcoin, which would mean that the trust controls 200,000 BTC and at recent prices would be worth roughly $87 per share.
Nobody is buying or selling BTC when trading on the NASDAQ with this trust, they are trading in the shares which represent the value of a fixed amount of bitcoin.
On the first day of trading, each Share in the initial Baskets was comprised of [0.20] bitcoins.
The trust doesn't actually do anything other than offer some sort of cold storage. You are buying shares to access bitcoins in safe keeping.
For bitcoin, this comes close to the purist definition for: The Emperor's New Clothes
But, giving institutions access to Bitcoin does mean that others will want to get in on the action of buying Bitcoins at market value, storing them, creating a Trust shell around the Bitcoins, selling shares in the Trust and then charging a management fee for holding them and making them available to entities that have restrictions on the asset classes they can purchase.
Lots of new copycat Trusts buying Bitcoins - that is when we can expect the next train to depart. Verdict: CCMF.
34.
Post 6742269 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.44h):
Close to log trendline on Huobi. New China FUD must be prepared as we speak
China is expected to ban Bitcoin again next week, possibly 4.30pm on Tuesday.
35.
Post 7928117 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_12.59h):
merchants would not convert btc>fiat using public exchanges anyway.
Is that correct? AFAIK, only some merchants (like Overstock) opt to receive bitcoins directly. Usually, when you buy "with bitcoin" through services like BitPay, they give dollars to the merchant and sell your coins at some exchange. Didn't BitPay say that they used Bitstamp, specifically, some time ago? Isn't Dell using such a service?
I think it would be foolish to assume that. Dell is a private company. He can take what he likes. If he is bullish on bitcoin - and Michael Dell is sufficiently tech-savvy to be quite bullish on bitcoin - then
it is a clever way to gain bitcoin without driving up the price on an exchange.Very interesting.
What value do they give their products in BTC if market prices, which are currently measured through exchanges, are mainly linked to traders and market makers?
36.
Post 8504665 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.08h):
is crypto done?
its just getting going....investment in crypto is just starting to filter through.
37.
Post 8733488 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.
hmm that's actually a good point.
No, it's not. It increases usability and therefore also value. The flaw in the above is the implicit assumption that 1. only people that already own Bitcoins will spend them and 2. They won't replace them. Both 1 and 2 are incorrect.
Ok, but does usability sine qua non increase value? I'm not so sure. I agree though I was overseeing the other points though.
yes. forces competitors to join in.
38.
Post 8733804 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
paypal advertises "magical money" no banks, no boundaries...
> Braintree Says Goodbye to Passwords With One Touch Payments for PayPal and Venmo, and Hello to Bitcoin_
Bringing Bitcoin to Braintree developers
We believe in customer choice -- choice in terms of the device they want to pay on, the OS they prefer to use, and even the payment method they want to pay with. With Braintree’s new partnership with Coinbase, merchants and developers that have integrated with Braintree’s v.zero SDK will be able to easily begin accepting bitcoin in the coming months, enabling their customers to pay with the alternative currency across their favorite apps.
For more information on One Touch and Braintree’s partnership with Coinbase, visit the Braintree blog.
https://www.braintreepayments.com/blog/goodbye-passwords-one-touch-hello-bitcoinpaypal is going bitcoin.
Needs a Chinese translation and some reference to PayPal being like AliPay before price goes above $700
....also needs China to wake up.
39.
Post 8734360 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Needs a Chinese translation and some reference to PayPal being like AliPay before price goes above $700
....also needs China to wake up.
Good point... china is still unaware, maybe they don't give a fuck anyway but still...
China has PayPal. Some will have opportunities to evade the various non-ban bans in place.
40.
Post 8734858 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
Agree, because you can buy everything with fiat but with not Bitcoin.
Why they will take extra step of buying bitcoin then purchase item.
You obviously have no comprehension that countries tend to have different fiat currencies, whilst crypto has no borders.
41.
Post 8734893 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
1. There are people who don't have Bitcoin who will purchase them to purchase items
2. There are people who already own Bitcoin and use these for a purchase, who will (immediately) replace these coins by exchanging fiat.
1. Why would they use fiat to buy btc which will then be sold for fiat? Why not just skip the middle part.
2. Maybe? Maybe not..
1. Ease of use, fees, privacy, security, avoiding international restrictions, crossing jurisdictions, avoiding fiat exchange rates when purchasing from overseas, etc. etc.
2. Definitely, categorically and unequivocally.
I think I just got proxy trollfied. Please ignore Jorge. He's only here to waste people's time and to try to scare away noobs.
1. Well all of those things are negated because you have to deal with the banking system in the first place to get bitcoin. Actually, I would think it would be more expensive for consumers to purchase something because of the fees at the bank and coinbase.
2. Ok.. reasons would be much appreciated though.
Jorge strikes me as an intelligent guy. Scare away noobs? Why would he waste his time on that. An accomplished CS professor investing time to scare noobs.. cmon.
Foreign exchange shops usually have signs that say 'no commission'.
Fiat noobs don't understand that means they are getting ripped off through exchange rates.
42.
Post 8735703 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
And banks already perform conversion on your behalf. What's your point? I can use my US credit card to buy stuff in other countries, with zero exchange fee. And if my card number is somehow stolen -- which has never happened -- I can call the bank's fraud department and I'm not held accountable.
...
Did you just hear that sound? It's all the bitcoin-tards screaming out in terror as the last paragraph basically destroyed the myth of bitcoin's "advantage" over traditional payment models.
Some of you people seem to believe that one government issued currency can't be spent in another country. Are you really that dumb?
Sorry to laugh, but I need to bump this.
Get a calculator and look at the spot rates and the retail rates. Never had a card stolen? Great, you're still paying for their insurance to protect themselves.
Don't get me wrong, I've got plenty of bank stocks. They actually pay quite good returns these days. It's quite an easy and liquid way to profit from stupid. Keep giving banks your money. I truly am grateful.
43.
Post 8735753 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
...
Buying with a credit card may be easy, it's also completely unsafe and non-private. My credit card company called me the other day asking whether a few transactions I made were mine. I understand they have to spy but that's only because they didn't make any form a security.
What are you talking about? What do you mean by "unsafe"?!
And privacy? We're talking about PayPal vs. CC here. I'd suggest you don't buy underage hookers or blow with either. Jeesh.
There are some things Bitcoin can't buy (hookers, blow). For everything else, there's other privacy crypto.
44.
Post 8735879 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
tl;dr
I'll respond, but only if you hook yourself up to blood pressure monitor and give an update at regular intervals.
45.
Post 8736601 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
PayPal news and Satoshi hack news in the same day.
Coincidence?
Is Satoshi trying to give PayPal some extra liquidity?
Does he not like the idea of PayPal integrating with his decentrlaised trustless baby?
Or, does he need to engineer a way to come out so he can spend his millions?
46.
Post 8736644 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Nice thinking.
Apple about to launch their own payment system that threatens PayPal. PayPal use the backlash that Apple caused when it threw out Bitcoin from iOS to their advantage.
That could mean more Bitcoin integrated offerings soon.
47.
Post 8736814 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
If Apple do launch their own currency payment system, that's no bad thing.
Bitcoin is the fastest way to deploy a global competitor whose fees are not dictated to you by another corporate. It's like the Android version of payment systems.
And Android is bigger than iOS.
edit
$2,000 BTC by Christmas
48.
Post 8743788 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
The path to $100,000 BTC
-> Apple launch own payments system
-> PayPal sign posts to the market it is doing something to counter with BTC
-> More traders take notice of BTC
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
-> Pension funds buy as much BIT and COIN as they can get their hands on
-> Warren Buffett changes his mind on BTC
-> Retail investors buy as much BTC, BIT and COIN as they can
-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin
-> We all live happily ever after
Give it 2 months to pan out. Bookmark and come back at 1pm GMT, November 22.
49.
Post 8745981 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
The path to $100,000 BTC
-> Apple launch own payments system
-> PayPal sign posts to the market it is doing something to counter with BTC
-> More traders take notice of BTC
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
-> Pension funds buy as much BIT and COIN as they can get their hands on
-> Warren Buffett changes his mind on BTC
-> Retail investors buy as much BTC, BIT and COIN as they can
-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin
-> We [who have BTC] all live happily ever after
I've read it 10 times. Although I'm sceptic with the last point...
Made a minor edit. I think reads better now.
Thanks.
50.
Post 8748459 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Markets like Apple Pay
Chances of Microsoft trying to buy all of BTC have increased to 50/50
51.
Post 8748579 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
99% of the world could use CC DC banks and apples new ipayfasterthenyou
not a shit will be given.
nothing changed.
Agreed. I don't use Apple products anyways but I was hoping for at least a mention of Bitcoin being allowed for their "Apple Pay" feature.
Apple FUD cake.
Google will be all over them with Bitcoin built inside Android. Watch Amazon launch BTC Fire in time for Christmas.
PayPal don't like this, that's why we had Bitcoin for PayPal announced yesterday.
Apple have done the best thing for BTC by not including it and leaving it open to everyone else.
52.
Post 8748704 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Markets lost interest on Apple watch.
Apple pay is the battle ground. BTC is the nuclear bomb.
53.
Post 8753145 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
54.
Post 8757155 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
Please mod, ban this scammer !!!
Quote troll = get ignored
Err....
55.
Post 8760324 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.11h):
The path to $100,000 BTC
-> Apple launch own payments system [check] Sept 9
-> PayPal sign posts to the market it is doing something to counter with BTC [check] Sept 8-10
-> More traders take notice of BTC [check] Sept 10
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
-> Pension funds buy as much BIT and COIN as they can get their hands on
-> Warren Buffett changes his mind on BTC
-> Retail investors buy as much BTC, BIT and COIN as they can
-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin
-> We [who have BTC] all live happily ever after
-> Bitcoin will be used as global reserve currency
I've read it 10 times. Although I'm sceptic with the last point...
Made a minor edit. I think reads better now.
Thanks.
You're welcome (did an extra addition)
Everything getting checked off, as planned. We are still on target.
56.
Post 8765102 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
The path to $100,000 BTC
-> Apple launch own payments system [check] Sept 9
-> PayPal sign posts to the market it is doing something to counter with BTC [check] Sept 8-10
-> More traders take notice of BTC [check] Sept 10
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
-> Pension funds buy as much BIT and COIN as they can get their hands on
-> Warren Buffett changes his mind on BTC
-> Retail investors buy as much BTC, BIT and COIN as they can
-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin
-> We [who have BTC] all live happily ever after
-> Bitcoin will be used as global reserve currency
I've read it 10 times. Although I'm sceptic with the last point...
Made a minor edit. I think reads better now.
Thanks.
You're welcome (did an extra addition)
Wired and other publications all agree -
Apple Pay will push others towards Bitcoin adoption.
"PayPal’s Support Is the Best Thing That Could Happen to Bitcoin"
http://www.wired.com/2014/09/paypals-support-is-the-best-thing-that-could-happen-to-bitcoin/CCMF
57.
Post 8765151 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
Based in London, doesn't accept £GBP?
58.
Post 8767035 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
The path to $100,000 BTC
-> Apple launch own payments system [check] Sept 9
-> PayPal sign posts to the market it is doing something to counter with BTC [check] Sept 8-10
-> More traders take notice of BTC [check] Sept 10
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
-> Pension funds buy as much BIT and COIN as they can get their hands on
-> Warren Buffett changes his mind on BTC
-> Retail investors buy as much BTC, BIT and COIN as they can
-> Microsoft thinks about buying all the BTC, but decides to create MSN Coin
-> We [who have BTC] all live happily ever after
-> Bitcoin will be used as global reserve currency
I've read it 10 times. Although I'm sceptic with the last point...
Made a minor edit. I think reads better now.
Thanks.
You're welcome (did an extra addition)
Wired and other publications all agree -
Apple Pay will push others towards Bitcoin adoption.
"PayPal’s Support Is the Best Thing That Could Happen to Bitcoin"
http://www.wired.com/2014/09/paypals-support-is-the-best-thing-that-could-happen-to-bitcoin/CCMF
http://www.coindesk.com/financial-planning-association-boost-portfolio/Working on the later part of the plan to get retail investors on board. Admin. Meh. Just takes a few weeks longer.
59.
Post 8774819 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
The path to $100,000 BTC
-> Apple launch own payments system [check] Sept 9
-> PayPal sign posts to the market it is doing something to counter with BTC [check] Sept 8-10
-> More traders take notice of BTC [check] Sept 10
-> Samsung, thinks it needs to enter the game with BTC.
-> Sony has to keep up and launches BTC for gamers
-> Every trader takes a stake in BTC
........
Hadn't anticipated how quickly supermarkets would adopt Bitcoin like approach to payments. Trivial move for them to add Bitcoin as part of scan and go as customers adopt similar processes.
https://www.flickr.com/photos/j-sainsbury/sets/72157631774012562/Global domination of Bitcoin is another big step closer.
Prices look like penny stocks cheap at these levels.
60.
Post 8778567 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
They are all slowly moving away from denial phase
61.
Post 8805320 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
Spam, incoming
https://bitcointalk.org/index.php?topic=781216.msg8805239#msg8805239Please vote.
Getting big companies to pay dividends in Bitcoin supports the price, and reduces selling pressure.
edit
Whose the troll that voted no?
62.
Post 8815390 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
[ ... ] contractors and others thru my house in that it is being remodeled and they asked what the KNC jupiter miner was in the basement (5 seperate occasions [ ...)] in each instance they all acted like they found me growing pot in the basement
so from the looks on faces and rapid change of context after stating this ...I asked if they heard of it ..universally they had heard it was for drug deals and illegal was it not? [ ... ]
Well, buying illegal drugs is certainly one of the things that attract some people to bitcoin.
I would even guess that the July 2012 price bubble was due to drug users and dealers adopting bitcoin. The price drop after the SilkRoad seizure shows that hat such use contributed significantly to the demand.
Someone noted that the LocalBitcoins BTC:USD volume has been increasing:
Looking closely, the volume was actually flat from January to late May, then jumped up by 30%, and remained flat until twoo weeks ago, when it had another large jump.
That rise in LocalBitcoins traffic in late May coincided with the still-unexplained sudden price rise from ~450$ to ~650$.
I understand that one advantage of buying through LocalBitcoins, rather than at an exchange or Coinbase, is to avoid the KYC/AML controls of the latter. So, could it be that the late May mini-bubble was due to a surge in demand for illegal drug traffic? The opening of OpenBazaar perhaps?
But then why didn't we see another price increase over the last two weeks, to match the the sharp rise in LocalBitcoins volume?
Silk Road was a road block for bitcoin
A road block, or free advertising to the masses?
63.
Post 8815401 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
64.
Post 8819471 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
Doge having its day.
65.
Post 8822071 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
Someone in China taking a dump before going to bed
66.
Post 8833855 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.12h):
67.
Post 8837523 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
Crypto is so last year.
Water is the next big thing.
68.
Post 8841052 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
Scotland has the highest pensioner percentage of any part of the UK, if they adopted bitcoin there'd be 20% of the country with no idea what was going on anymore. lol
That's a massive improvement from 80% of the population who have no idea what is going on.
Bitcoin also improves mental capacity. Wow.
69.
Post 8859143 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
16K BTC to $600 VS 17.5K to $100 @ Bitstamp... really comforting.
Crazy stuff. This doesn't exactly seems like a healthy market. Where are all the sells coming from?
At any rate, these phases are necessary to further distribute the Bitcoins over the world (cause that is what this is).
24K
BTC to $100 and 9K
BTC to $600 @ Bitfinex.... I am ignoring the fact that usually when the price move a bit up, more Asks build near the target price.....
conclusion: the tension in the crypto market is not healthy at all, it gives me the impression of a coming/near collapse !!
Collapse? You must be joking lol. It will not significantly (not that word!) collapse.
a "crash" from $460 to $150 is considered a collapse IMO, which is very possible looking to this thin book order.
I would sell my house, my car, and all my toys and buy the shit out of bitcoin if we go below 200.
Ditto
70.
Post 8859685 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
BTC going to fiat for Alibaba pump later this week and early next week.
71.
Post 8859846 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
BTC going to fiat for Alibaba pump later this week and early next week.
alibaba is going to take bitcoin?
BS!
Traders and investors liquidating to get funds to invest in Alibaba pump.
PBOC already told Alibaba to stay away from BTC.
72.
Post 8859996 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.13h):
is crypto done??
is fiat done??
is gold done??
73.
Post 8880008 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
Alex Salmond said bitcoin could be Scotland new currency. I'm wondering if this btc hammering is meant to discourage the divorce from sterling just in case "Yes" wins. Just a random tought, but must say timing is perfect
Let's be serious for a moment. No sane Scot is giving any thought to making Bitcoin the official currency.
Alex, it'll be ok-everyone is wrong-I will get everything I want, Salmond is no sane Scot.
74.
Post 8880177 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
..and in a few hours the chinese wake up...
let´s get ready to rumble!!
I live in Beijing and woke up to see this, oh boy what a day that lies ahead!
how come there is still so much CNY being used to buy and exchange between BTC?
75.
Post 8880238 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
Mel Gibson is not a Scot. I think he's actually Irish-English.
76.
Post 8880331 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
Mel Gibson is not a Scot. I think he's actually Irish-English.
No!? shocker?
I thought all actors only played roles portraying people that are from their home countries...
(ps born in NY and lived in Oz since a sprog)
You wouldn't believe the number of Scots who think he really is Scottish.....
77.
Post 8880632 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
China seems to be awake.
78.
Post 8893292 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
Fairly risky having a business called blockchain.info when there is no info on the blockchain
79.
Post 8895204 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
$395 is the new $1,200
80.
Post 8904823 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.14h):
thats probably best, I let the emotions flow freely when i post.
I wanna shoot every seller.
Yeah, you're right. That does feel good.
81.
Post 8995301 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
Whats the ETA on BIT and COIN regulatory approval?
82.
Post 8995484 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
What if those 2.8k at 420 were a real bid from a millionaire who chose that number because he is happy and stoned tonight?
EDIT: While I was writing this, Loaded came up and posted a cryptic happy face again. Not implying anything here
Since when we give a fuck about loaded ? I wouldn't be posting smiley faces when holding that amount of coins, his investment is losing value while he is watching, even if he bought @ less than $10...
How did yesterday's Doge pump n' dump go? you were heading over there yesterday with much wow
83.
Post 8995493 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
Whats the ETA on BIT and COIN regulatory approval?
SOON
they said a few months away a few month ago....
they lie, they are liers,
Regulators. Blood suckers.
84.
Post 8995543 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
are you kidding me ? I have nothing to do with doge, and I never had.
oops!. Sorry about that. Must have been the die hard Bitcoin supporter ShroomsKit
85.
Post 8996690 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
With 70% of BTC exchanging on China exchanges, is there a bitcointalk.cn Wall Observer yet?
86.
Post 8996871 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
I already figured it'd be best to leave religion out of this for the sake of not putting a bomb under this topic.
There is no god and bitcoin will hit $32 by Christmas. Discuss:D
Well....
The human body can go for 30-50 days without food. Water is generally free.
By renting out every room, and moving into a tent in the garden, the income would null my monthly property costs.
So, I guess I can pretty much direct 80-90%% of my monthly expenses to buying cheap coins before they go to $10,000 next year.
Here's hoping.
87.
Post 8996916 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
Yes. But not the peanut ones, just the chocolate centered ones.
Psalms 119:103 - How sweet are thy words unto my taste! [yea, sweeter] than honey to my mouth
88.
Post 9007076 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
We come in peace [shoot to kill, shoot to kill]; We come in peace [shoot to kill, shoot to kill]; We come in peace [shoot to kill, shoot to kill];
http://www.coindesk.com/us-military-command-holds-educational-meeting-bitcoin-industry/
89.
Post 9007168 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
Hey loaded, what is your opinion these days on the current price?
End of Summer Special Offers
90.
Post 9007599 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.16h):
Honestly, I really still blame Karples for everything since $1200.
some people still think that MTgox is the reason of $1200, until we know what really happened with Mtgox we will never know what really happened with the price.
Alibaba Bitcoin rumors; Alibaba first skirting with Bitcoin; dreams that were later stamped out by PBOC.
91.
Post 9010182 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.17h):
why is BTC-e always $5-$15 below the other exchanges?
92.
Post 9028679 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.17h):
EBay to Spin Off PayPal
http://dealbook.nytimes.com/2014/09/30/ebay-to-spin-off-paypal-adopting-strategy-backed-by-icahn/And PayPal has grown more independent of its parent over time. Less than one-third of the total dollar volume of payments it processed last year came from eBay, as the business pushes into new outlets. In particular, it has looked to its acquisition of the start-up Braintree to handle mobile payments for hot e-commerce services like the car ride app Uber and the room rental site Airbnb.
Interesting.
If there was a way to leverage through Finex, BTC could buy PayPal outright.
93.
Post 9190047 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
The next 2.5 minutes are critical.
94.
Post 9190176 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
The next 6.3 minutes will be critical, more so than the last 2.5 critical minutes.
95.
Post 9190339 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
Wallstreet going down, bitcoin going up. Die fucking capitalist system, die.
You do realize we are watching various BTC trading charts, with largely irrational bets being made mostly by BTC traders and speculators
96.
Post 9190509 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
Green candles incoming. This could be the 1m MACD swing to $400.
The next 7.6 minutes are critical, to November being critical.
97.
Post 9190730 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
That $398-$390-$398-$390-$398 dance with the $400 threshold is going to look pretty stupid when we reach $2,000.
Just get it over and done with.
98.
Post 9190787 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
The next 25 minutes to $500 will be critical
99.
Post 9190892 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
we will pass 400 level on oct 14th
lol, it turned past midnight here and 10 min. later it came true.
What will be the price on December 22?
Will I be flush enough to splash out on Tiffany Christmas presents, or are we talking $1 store stocking fillers all round?
100.
Post 9191538 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.23h):
The West has left the Bitcoin price in a good place for today.
China, over to you. Don't fuck it up.
101.
Post 9199763 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.24h):
102.
Post 9199798 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.24h):
The next 72 hours will be critical to sustaining swing monetum to $450-$500.
The BTC-e trollbox could explode.
103.
Post 9200688 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.24h):
Well, so much for the pump. The dump will follow shortly.
Now you are trolling
104.
Post 9201181 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.24h):
Someone has insider information on BIT and COIN regulatory approval.
Slow steady price rise means they are in stealth accumulation mode.
105.
Post 9201276 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.24h):
You don't need that Guv paper anymore...
106.
Post 9330234 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.26h):
BitLicenses uncertainty again.
Drag on prices for another few weeks until we something positive on the regulatory front.
Only positives from BitLicenses will be approval of BIT and COIN ETFs.
Pain incoming.
107.
Post 9344189 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.27h):
some reasonable movements on Litecoin.....any particular reason?
108.
Post 9344219 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.27h):
some reasonable movements on Litecoin.....any particular reason?
They should make litecoin into a side chain.
maybe.
But someone is buying up chunks of LTC, and BTC-e just had a dump of a few hundred BTC to 342.
109.
Post 9344324 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.27h):
some reasonable movements on Litecoin.....any particular reason?
They should make litecoin into a side chain.
maybe.
But someone is buying up chunks of LTC, and BTC-e just had a dump of a few hundred BTC to 342.
Joking about the side chain. Litecoin needs to be repurposed though.
ah.
A little Lite humour.
Sorry, missed that because I have heard the LTC faithful were discussing something along these lines
110.
Post 9385284 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.28h):
wow. who drops $2.3m on an order, on a Thursday?
someone, somewhere, knows something.......we don't
111.
Post 9385674 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.28h):
this action indicates $500 is around the corner.
112.
Post 9408582 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.28h):
Gut feeling is that there's going to be a big movement upward in the next few days. I don't expect it to drop much lower from these levels.
I agree with you, except also, that I was thinking the same thing when it was bumping along at $390
Even if a small pump happens, then what? Miners, merchants and bitcoiners giving up (or cashing out at their breakeven point) will lead to more slow bleeding until market sentiment changes. And sentiments don't change from one day to another, it needs time for consolidation which we still didn't have (or a miracle).
...and yet difficulty is up and the number of transactions is at its highest.
113.
Post 9565313 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
This time, when it hits $1,000 its gonna keep going to $2,000.
I will be taking profits at $1,999 and waiting for the retreat to $1,203 before getting back in again.
114.
Post 9565360 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
This time, when it hits $1,000 its gonna keep going to $2,000.
I will be taking profits at $1,999 and waiting for the retreat to $1,203 before getting back in again.
Or will you buy back in at $4,000? ....because bitcoin
I was having such a great daydream there for a minute.....now you've given me a dilemma
115.
Post 9576024 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
Oil heading down to $50 should see more more disposal income heading into crypto. Could add $500m to $1bn enterprise value to BTC over the next 18 months.
116.
Post 9576078 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
Oil heading down to $50 should see more more disposal income heading into crypto. Could add $500m to $1bn enterprise value to BTC over the next 18 months.
Where does this idea come from that if money isn't going to x it must go to Bitcoin.
I see this same thing posted all the time. What is it based on?
Common sense.
117.
Post 9576155 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
Oil heading down to $50 should see more more disposal income heading into crypto. Could add $500m to $1bn enterprise value to BTC over the next 18 months.
yeah cause thats the first thing John Q. Public is thinking, Gas is going down to $3 a gallon, time to go all in on BTC, dafuq?
Common sense dude.
http://www.coindesk.com/blockchain-passes-2-million-bitcoin-wallets/2m x 18months x av. $10-$20/month = like I said, common sense
118.
Post 9576195 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
Common sense:if stocks go down poeple are cashing out so there will be more money coming to the bitcoin market
if stocks go up poeple will feel richer and so there will be more money coming to the bitcoin market
If stocks go sideways, people will look to bitcoin for some action
119.
Post 9576219 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
If it keeps going up like this, I'm selling (every mother fucking thing I own, I'm all in this time. Moon or death, there is no middle ground).
120.
Post 9576320 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
About 100 PAGES deleted.
This, gentlemen, is not a single miscreant. This is a government-coordinated cabal of sinister saboteurs.
With Thermite.
And probably Jews.
Or worse...
Sincerely,
~Your Beneficent Reptilian Overlords
All future posts should go to the blockchain where everything will forever be committed for future generations to marvel at how the fcuk we managed to get as far as we have.
121.
Post 9576345 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
I missed posting on page 9,000 first time around.
Can't wait for it to roll back around, I'm pretty sure I'll have something epic to say about the future price of BTC.
122.
Post 9576457 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
idk why i ever stopped posting here...
this is retardedly funny shit! non stop
Only reason I use the internet these days
123.
Post 9576607 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
Nice pump and dump. So unexpected.
Pump: Shake the tree
Dump: Identify the weak hands and non-believers
Put on spin cycle for 2 years
When they have left, watch the pension funds create headlines about BTC reaching $100,000 per coin.
124.
Post 9580243 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.32h):
haha Snapcash, was the guy serious, lol
http://www.bbc.co.uk/news/business-30091550"Snapcash is a partnership with payment-processing firm Square, which offers its own stand-alone friend-to-friend payment app called Square Cash."
so it's just a messaging app implementing an already existing payment app, so nothing new or groundbreaking.
"The service will only be available to Snapchat users in the United States who are over 18 years old."
yeah quick everyone dump Bitcoin for Snapcash, unless of course you are one of the millions of people who don't live in America.
"Almost immediately, the news of the money-sending feature was met with some raised eyebrows, as Snapchat has struggled with several high profile security breaches."
take my money now !!! sounds amazing
"earlier in the year, in January, at least 4.6m user accounts were compromised by hackers, who posted usernames and phone numbers on the web."
fantastic where do i sign up?
"To use Snapcash, a user enters their banking information into Square Cash's servers"
"The payment system is similar to other mobile payment services, such as Venmo and PayPal."
another paypal w00t!!
It's a Ponzi scheme.
125.
Post 9587204 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.33h):
This time last year, we were heading for $1,000
$2,000 is around the corner, I can feel it creeping upon us like a stalking leopard about to pounce on a bull.
126.
Post 9597004 (copy this link) (by coins101) (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 stupid fucks with no fucking idea.
there, fixed it for you. you had a couple of typos.
127.
Post 9597662 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.33h):
As 10,000 pages approaches, I'm thinking of setting up a Wall Observer, Wall Observer thread to mark the occasion.
Is that a parody, paradoxical or just plain stupid; possibly all three.
BTC @ $404 @ 10,000 pages
128.
Post 9607396 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.33h):
Bring back Gox
129.
Post 9607593 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.33h):
What happened today with the $372 -> $350ish sell off?
The same thing that happened the last 11 months. Dumpers trying to take the price down as if it's their life mission.
They won't rest till we reached $10 or lower. They just need to destroy this thing, no matter what. Oh my lordy. My wildest dream(s) would come true if we flashed crashed or walked back down to $10 /BTC. I'm pretty sure I don't need half my organs - can one sell organs for BTC yet?
130.
Post 9644202 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.35h):
p. 1066 the battle of BTC vs. Guv paper
History about to be made
131.
Post 9789646 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.38h):
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.
"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.
Why do you think Monero (XMR) is a scamcoin? Please give some proper arguments if you are going to accuse a coin of being a scam.
I suspect he had similar comments when he was buying bitcoins for less than the cost of a McDonald's cheeseburger.
Only history will tell if XMR is a scam, just another alt project or an epic investment opportunity missed by the masses.
regardless....get back on topic, please.
132.
Post 9790870 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.38h):
Err, bullocks.
We will only be in the Greek situation soon, if we enjoy eating big meals and sleeping at lunchtime more than grabbing a quick bite while punching away on the pc. Then there is the issue of the majority of the people paying taxes vs. spending the taxman's portion on said big lunches.
133.
Post 9860961 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.39h):
Selling your Bitcoins shows your complete lack of commitment to the progress of humanity.
134.
Post 9861847 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.39h):
Pond scum recognize the value of Bitcoin.
If you are selling your Bitcoins, you are at least one evolutionary step behind pond scum.
135.
Post 9862025 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.39h):
Why don't some of the industry big shots set up a bitcoin stabilization fund?
Because it would mean buying bitcoins at price X when the rest of the market thinks that the price should be less than X. Why would they put their money in a fund to have it invested in a way that they don't feel like investing on their own?
Manipulation is what ripple does best, along with other bonkers economies.
136.
Post 9892998 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.40h):
You Bitcoiners ready for some moon? Everyone aboard and strapped in?
ive been aboard and buckled in too long it seems. I have to sell about $3k worth of coins soon to cover some $$$ costs but would hate to have to sell coins at this low a price.
you could pawn them.
I'll lend you the $3k for 30% over 3 months, with $4k worth of coins as collateral for non-payment.
Escrow fee included.
137.
Post 10035392 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.43h):
Karples and / or Green cashing out?
138.
Post 10035578 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.43h):
Buying xrp is the ultimate sign of despair. You can't possibly fall lower than that.
Yeah buying something backed by Google and banks is a horrible idea
Google and banks know more about you than you. Analysis of you is what they do best, its in their DNA and how they exist.
Giving them more access only means girls will be able to choose to date you based on your search histories and credit score. Your personality no longer matters to anyone but your mom.
Your argument leads to the inverse of financial freedom.
139.
Post 10048509 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.44h):
140.
Post 10095561 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.45h):
3
2
1
Stampede
141.
Post 10142551 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Hmmm, i love the smell of retarded bulls in the morning.
Let's do coffee tomorrow.
142.
Post 10143676 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Master Plan
1) Build something revolutionary
2) Give people the chance to buy and sell this invention
3) Watch people that have no interest in my invention at all, spend their entire day wasting time on a forum
4) Eat popcorn all day
SATOSHI IS A GENIUS LOL
Satoshi invented Bitcoin, then invested in popcorn businesses? Ah, now I get it, he wanted to corner the popcorn market.
Genius, indeed
143.
Post 10143732 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Gentlemen, disaster opportunity, prepare for minus tripple digits.
It was bugging me, then I spotted the typo. Fixed it.
144.
Post 10143749 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Too close to $199 not to see it within the next few hours.
145.
Post 10143859 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Oil traders are buying up cheap oil, renting oil tankers and leaving their investment in international waters until the price rises.
A strategy that worked well in 2009.
If you have the means to rent oil tankers you probably know that when things go on sale, that's the time to stock up.
146.
Post 10144169 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
147.
Post 10144877 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
A nice summary for y'all:
-We had 1 year of bear market and we just made new lows, no signs of recovery yet, didn't even bounce much for now.
(never happened before)
-We broke the previous bubble high
(never happened before)
-We broke (and now it's 100% certain) a multi year log support trend line from 2012, pretty much the only sign of a possible long term uptrend left.
(never happened before)
lol
-Because bitcoin
(never happened before)
148.
Post 10145451 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.47h):
Dumper finished.
Crook managed to get more than a guv paper thief would get on every $.
Even digital bank robbers do better with Bitcoin.
149.
Post 10155939 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.48h):
WTB 1000 MAGIC: THE GATHERING CARDS
150.
Post 10156673 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.48h):
bitcoinwisdom.com under DDOS attack... This is obvious some big group (bank, goverment) attacking bitcoin, that´s why the price keep digging.
Could just be a few million panicked Bitcoiners on F5 not believing their eyes at the moment.
151.
Post 10156876 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.48h):
I know a couple of large miners that are having a real hard time now, unfortunately not only them but many miners are having the "talk" about if they continue mining and cover the lost from their own pockets, or simply shutdown their operations and sell the BTC they are hoarding in case of the price falls further.
I am also curious if Chinese manufacturers will continue inflating the market with their hardware, and at what point it will become unprofitable for them to continue the production.
Good times ahead for Iceland hosted mines and power thieves.
152.
Post 10157120 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.48h):
153.
Post 10158408 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
Bulls and Bears duking it out, toe to toe.
154.
Post 10158492 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
CCMF!
Um, can we at least wait till we get back to the 200's? I would even say we should wait until the 300's for any CCMF posts.
Gut tells me right now its a trap and will go down sharply again...not saying new lows but saying it will give back some.
maybe, but the 4-hour is turning in the right direction.
155.
Post 10159025 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
So which one of you tools sold at the bottom?
Can't buy cheap coins if fools don't sell them cheap.
156.
Post 10168826 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
WTB 13,727,775 BTC
PM
157.
Post 10168854 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
Karpeles's cat is satoshi
they created bitcoin, mtgox and slikroad as a get rich quick scheme..... you heard it here folks
Hory shit,
I have a cat named Satoshi.
I got cat in my local Chinese takeaway once.
You ate a cat named Satoshi?
158.
Post 10168902 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
.....snip...
The Homeland Security agent’s theory was that Karpeles, as owner of Mt. Gox, held an enormous amount of Bitcoin. He used Silk Road to leverage that price and raise it, which it did by several hundred times over during the course of Silk Road’s lifespan. Bitcoin was worth around $2 at Silk Road's launch and hit as high as $290 by 2013.
....snip...
he used silk road to leverage that price?
What does that mean?
Can someone do it again? Please
159.
Post 10169003 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
Mark Karpeles is now almost confirmed as the culprit of both Silkroad and the bitcoin price; Buy if you want to. I'm out. Good luck bulls.
If this is true I go leveraged all-in.
rationale?
160.
Post 10169037 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
maybe someone has to raise some doubts.
grease my palms with enough bitcoin and I will implicate my best friends grandmother.
161.
Post 10169089 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
Mark Karpeles is now almost confirmed as the culprit of both Silkroad and the bitcoin price; Buy if you want to. I'm out. Good luck bulls.
If this is true I go leveraged all-in.
rationale?
the FBI will only accept BTC for Mark's bail?
Don't you hate it when you miss the bleeding obvious.
162.
Post 10169249 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.49h):
is that coffee or is he blatantly walking in with a cup of heroin disguised as coffee with some squirty cream?
163.
Post 10240160 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
Its the end of the week.
$233 > $250 due in the next few hours.
Or is the end of the week Sunday?
164.
Post 10240193 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
Dem green candles. Woot.
165.
Post 10241452 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
^
What did you expect, Bitcoin to stay trendy forever? The cool kids moved on, just this flotsam and jetsam left behind to milk the thing.
No different from any other fad/burnt-down scam.
http://video.cnbc.com/gallery/?video=3000348004#I heard from a little bird Coinbase was re-upping for 256 days worth of coins.
No clue if true, but would be great.
3 Major Billboards on major shit in SF now as well for Braintree_Paypal.
Something is going on big.
Hadn't actually considered how much all these new businesses need to stock-up on BTC to maintain liquidity. Nice steady buy orders. Who wants to dump a load of fiat and drive up their buys? That's an inherent BTC floor of sorts. What level it sits at is the question. Maybe the miners are the key to that question.
166.
Post 10249940 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
You guys let me down ... where the heck is all the CCMF pics?!!!
CCMF
167.
Post 10250078 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
You guys let me down ... where the heck is all the CCMF pics?!!!
CCMF
Yes, a week later (but we don't have to mention that)
too lame; dr
168.
Post 10250130 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
I'm not going to be overly shocked to see $300 before the end of the month.
I'm <3ing the Europe news as a whole.
In that case tomorrow should be interesting... Greek elections.
sort of predictable result.
Loony left will win. They won't be able to renegotiate their loans to any great extent. They will not risk leaving the Euro. Loony left have to come to terms with the reality of speeding too much and not earning enough.
169.
Post 10250253 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.52h):
Looks like LTC is on an organised pump.
Silver backed bear trap
170.
Post 10271945 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.53h):
spooderman is going to post something profound shortly.
171.
Post 10272724 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.53h):
A lot of people are trying to get out after the pump. So I think there will be a lot of resistance on the way up.
I'm staying in USD for now.
There will be a raft of good news coming out of the USA as the VC investments of 2013/4 start coming online.
I doubt staying in USD is the best strategy when the price will be trending up.
PayPal have pretty much laid down the path of travel. They will be enabling Bitcoin globally. Actually, everyone apart from Apple will be offering non-credit card competition via Bitcoin in the coming year or two.
The direction of travel is mostly going to be north, with the odd attempt to short for short term profits.
172.
Post 10272740 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.53h):
I have come to the conclusion that a lot of people in here are not very good at guessing the future.
OMG! I knew it
spooderman is going to post something profound shortly.
173.
Post 10293252 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.54h):
Nice buying opportunity, can we touch $20.0?
you had a typo there. fixed it for you.
WTB $40k @ $20/btc
174.
Post 10298671 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.54h):
So basically the Coinbase lunar project was actually a hot air balloon.
175.
Post 10300483 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.54h):
this will be an interesting few days, hopefully we find out where we go
You really have to wonder where we are going? 13 months of going down didn't give you an idea yet?
You mean, 6 years of going up from zero.
176.
Post 10300579 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.54h):
this will be an interesting few days, hopefully we find out where we go
You really have to wonder where we are going? 13 months of going down didn't give you an idea yet?
You mean, 6 years of going up from zero.
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.
Are you talking about the $ now?
Yeah, Wall Street and the elected crooks do have a habit of raping everyone, everyday.
http://www.usdebtclock.org/
177.
Post 10301557 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.54h):
The internet will never catch on.
178.
Post 10323185 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
Google adds crypto, and the price goes down
179.
Post 10323307 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
Google adds crypto, and the price goes down
Price of BTC the currency is not relevant to the utility value of BTC the technology. Google adding crypto speaks to the latter not the former.
Utility doesn't pay the utility company.
They are not mutually exclusive.
Price is everything.
180.
Post 10323478 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
The current average cost of production of bitcoins is in excess of $300. Purchasing a good below cost of production is considered cheap. Make the most, it wont last.
The actual cost is around 90$, for some miners even less.
There are huge upfront costs to be able to mine a BTC for $90.
Maybe if you are mining in mommy's basement with cheap electricity, but even then you are limited by your electric service.
quite a few people just plug directly into the street power supply or hot wire and bridge over their meter.
181.
Post 10327019 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
182.
Post 10327663 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
Otoh is pumping his shitty investment, he bought almost 200K DRK (or even more) at the bubble last year, and now he cant sell on this thin market without crashing the price to 0, so the only thing left to do to save his investment from vanishing is to pump it and sell in batches.... and he don't seem ashamed about it.
here your go:
YVW! As promised, I've topped the Crsptsy wall back up to > 100 BTC now
So if anyone feels like unloading a few, please to feel free
Yes, the BTC there were temporarily tied up with day trading the > $300 jump, will edit to provide screen shot.
:p
Actually, darkcoin recently moved to Bitcoin Core.
It now solves the Coinbase problem.
All the Bitcoin Core APIs work, yet no tracking and randomly shutting down accounts because someone got out of bed on the wrong side.
Otoh could be cornering the market for all we know.
183.
Post 10337366 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.55h):
If all the price spikes were down to Gox: Karples, come back all is forgiven.
184.
Post 10344483 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.56h):
It's probably a repost, but I've just read it for the first time.
This is the biggest news I've ever read about bitcoin.
Bitcoin as payment for taxes renders fiat totally useless finally.
https://legiscan.com/NH/text/HB552/2015The US Marshal's office just sell Bitcoin when they get it.
If people pay taxes in Bitcoin, then the monetary supply system needs to have Bitcoin as part of the infrastructure, otherwise the IRS will just dump Bitcoin a few months after the end of tax season.
So that's not gonna work in the short-term. Maybe when government contractor's start accepting bitcoin, then you might have a point.
185.
Post 10345095 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.56h):
186.
Post 10421275 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.57h):
Why is Darkcoin price on the move? PoW confirmation times down to sub 5 seconds
187.
Post 10421554 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.57h):
Why is Darkcoin price on the move? PoW confirmation times down to sub 5 seconds
I think the kids these days call it a 'pump'?
over 13 months?
188.
Post 10421566 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.57h):
Why is Darkcoin price on the move? PoW confirmation times down to sub 5 seconds
same reason as peercoin was on the move some time ago: to make people think it is going to the moon so the pumpers can get profit
2FA being built into the blockchain, on a PoW coin? LTC money being redirected.
189.
Post 10421681 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_13.57h):
Why is Darkcoin price on the move? PoW confirmation times down to sub 5 seconds
same reason as peercoin was on the move some time ago: to make people think it is going to the moon so the pumpers can get profit
2FA being built into the blockchain, on a PoW coin? LTC money being redirected.
more details??
Wondering how 2FA could be implemented in BTC itself, since the 2FA device always can be nuked or destroyed by some other mean
back half of the interview.
https://letstalkbitcoin.com/blog/post/beyond-bitcoin-26-darkcoinSorry, I'm too pissed to find the discussion
190.
Post 10555033 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.00h):
Bullish - Another Wall Street Journal Mention
February 23, 2015 4:04 AM
Rakuten ‘Probably’ to Accept Bitcoin
By TAKASHI MOCHIZUKI
Japanese e-commerce giant Rakuten is considering accepting the virtual currency bitcoin as payment, founder and Chief Executive Hiroshi Mikitani said.
“We are thinking about it, and we probably will,” Mr. Mikitani said at the Rakuten Financial Conference in Tokyo, where panelists discussed crypto-currencies and other alternatives to cash and credit cards. “We would like to be open.”
Mr. Mikitani declined to specify when the company might decide, saying it was a trade secret.
Rakuten is one of the largest Japanese companies to take an interest in bitcoin and other digital currencies. It has formed a department to study digital currencies and invested in bitcoin-related ventures in the U.S., including San Francisco-based Bitnet Technologies.
The number of bitcoin-related startups is rising in Japan, despite the failure last year of Tokyo-based Mt. Gox, then the world’s largest bitcoin exchange. They include BitBank Inc and Resu Press Inc., which offer user platforms for retailers and individuals.
Bitcoin’s development in Japan has been supported by Prime Minister Shinzo Abe’s Liberal Democratic Party, which last year helped launch the industry’s self-governing body, the Japan Authority of Digital Assets.
Still, bitcoin’s use by bigger companies such as Rakuten is important for consumer confidence it bitcoin is to go mainstream, said Yukio Noguchi, an economist who used to be a Ministry of Finance bureaucrat.
http://www.wsj.com/articles/BL-JRTB-19290Another company that accepts
Bitcoin USD from a bitcoin dump?
I care.
Willy lived in Japan. He made everyone rich, for a few months.
This is a step towards Free Willy day.
191.
Post 10816485 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
oh. my. god.
I'm going back to fiat.
192.
Post 10816595 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
200 BREAKING
193.
Post 10816876 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
$150 by this weekend sometime. Maybe that will be the double bottom...
$1.50
194.
Post 10818201 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
How many weak fucking hands are there?
195.
Post 10818312 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
The 4 hour looks mean as hell. No quick bounce back to $300
196.
Post 10818337 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
Ok this is becoming a lot worse than I expected
Where is the bottom!!!
Its behind you
197.
Post 10818361 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.05h):
Usually Litecoin sees an immediate bump when BTC dumps. Not today.
The writing is on the wall for LTC. It's failing.
198.
Post 10845174 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.06h):
100,000,000 MH/s required to generate 1 BTC / day
BTC is way under priced
199.
Post 10956899 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.08h):
On the pre-order list.
Will be scanning $2m worth of $1, $5 & $10 bills. Might take a while, but, you know - because bitcoin
200.
Post 11040815 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.10h):
PayPal doesn't have a mobile hardware phone offering, so while Apple Pay, Microsoft and Samsung all jump into mobile payments, PayPal needs to do something different.
Options.
1. Add Bitcoin and start pissing off Visa and MasterCard, and the above. That's not so bad for PayPal because it back's onto people's bank accounts. In theory PayPal could wipe out Coinbase, while also propelling Bitcoin into the mainstream.
2. PayPal could try to buy a hardware unit, if Blackberry wasn't such a basket case it could have been RIM. But why bother? PayPal is currently unique in that it connects to people's bank accounts. Until Apple, Microsoft and Samsung switch to doing this, PayPal and Bitcoin are a natural fit for PayPal's competitive advantage.
I'd be buying Bitcoin and PayPal stock at this point.
201.
Post 11040878 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.10h):
I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.
That's the nature of regulators.
They move at glacial speed, and they have a big impact.
202.
Post 11040903 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.10h):
PayPal doesn't have a mobile hardware phone offering, so while Apple Pay, Microsoft and Samsung all jump into mobile payments, PayPal needs to do something different.
Options.
1. Add Bitcoin and start pissing off Visa and MasterCard, and the above. That's not so bad for PayPal because it back's onto people's bank accounts. In theory PayPal could wipe out Coinbase, while also propelling Bitcoin into the mainstream.
2. PayPal could try to buy a hardware unit, if Blackberry wasn't such a basket case it could have been RIM. But why bother? PayPal is currently unique in that it connects to people's bank accounts. Until Apple, Microsoft and Samsung switch to doing this, PayPal and Bitcoin are a natural fit for PayPal's competitive advantage.
I'd be buying Bitcoin and PayPal stock at this point.
Well, that's awesome. BIT on Monday PLUS Paypal? The ultimate Bear trap is being settled... Am I the only one who sees where this is going?
PS: Options for h/w wallet:
https://www.hardwarewallet.com/PS2: They don't need one. Any phone with paypal app will do just fine...
Shorters will get burnt before the news. If this is real, rumor will get bitcoin to 300$ in less than 24 hours.
Watch out for the unexpected side impact of Google entering the scene like a bull in a China shop.
203.
Post 11044425 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.10h):
The next 32 minutes are critical
204.
Post 11044479 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.10h):
OMG
We went up 1 dollar.
Is that a pulse I can feel.
205.
Post 11076742 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
What tripped the switch?
206.
Post 11077086 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
so this is it this is how the story ends, 2.5K BTC is hodling back extreme DOOM for the moment, soon it will be pulverized and DOOM will follow, oh look wall gone DOOM is here, its been fun guys, i must go now.
Thanks for the cheap coins, I guess
207.
Post 11078412 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
The next 30 minutes really are critical.
208.
Post 11078448 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
$210 incoming
209.
Post 11078520 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
Hovering this close to $200
210.
Post 11079141 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
$222 to $223.
Moon
211.
Post 11087998 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
Sorry to say there is nothing compelling to stop the trend reversal.
Maybe shorts should just take a step back and think about how they might be influencing cannibalism.
212.
Post 11089291 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.11h):
Stand back, we are going green. Back up to $219
213.
Post 11158141 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.12h):
Some of you guys make me laugh with your 'CCMF' crap. If someone bought bitcoin every time it made a $5 move, they'd be completely broke in like 3 weeks tops.
It was more like $8
CCMF
214.
Post 11216223 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
whose got fat fingers?
215.
Post 11216247 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
Whose got fat fingers over at finex?
WTF?
216.
Post 11216264 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
Has Greece imploded?
Is the US stopping the supply of fiat and moving over to Bitcoin?
WTF?
217.
Post 11216276 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
Did someone free Willy?
Good to have you back Willy, my old pal.
218.
Post 11216311 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
Well the bitstamp arbitrage bots are on weed.
They were like, BTC-e up $260? Meh.
219.
Post 11216397 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
That's all folks.
220.
Post 11216433 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
221.
Post 11216509 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
shorters going full on retard
.6% daily
reloading bitfinex btc reserves so more idiots can borrow at these rates
The APR is cheaper than my credit cards.
222.
Post 11216649 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
The APR is cheaper than my credit cards.
it's like 220% i'd hope your credit cards are lower..
not that i expect them to keep these coins borrowed for the full 30 days but i've been surprised before
I've never had cause to borrow to trade. I thought that was for 30 days of lending, which wasn't bad. But if that's the daily rate, I'm lending out my coins asap
223.
Post 11241680 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
9.30 GMT, who woke up with the hard on for Bitcoin?
224.
Post 11247381 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
From now on this game is just BUY and HOLD.
SELL is no longer a valid option.
Shhhhh.....let them give away their coins.
225.
Post 11248687 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.13h):
Who's ready for the weekend?
Is that your wall on stamp Mr Loaded?
That's the only downside to Bitcoin.
You can't use it to roll a toke.
226.
Post 11322035 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.14h):
Did I miss it?
What did I miss?
What's bit coin?
227.
Post 11322064 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.14h):
BOOM!
Someone's splashing the gov paper.
228.
Post 11322106 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.14h):
9am in Silicon Valley.
And its bonus season.
229.
Post 11322299 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.14h):
........are you not entertained??
MOAR.
We want moar.
$300 tonight please Silicon Valley.
230.
Post 11378286 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.15h):
$130 soon. Then what?
$13.
Waiting for $1.30
231.
Post 11490071 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.16h):
Well this will be a mess:
http://sourceforge.net/p/bitcoin/mailman/message/34155307/Gavin Andersen forking bitcoin, well joining a fork, then pushing for everyone to join
232.
Post 11504921 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.16h):
Bitcoin-XT is not a re-implementation, it's a patch on top of Bitcoin Core that adds two features, double-spend relaying (which can be flagged for inspection) and the BIP64 getutxos message (which he needs for Lighthouse). The reason XT exists is because Mike Hearn can't get BIP64 implementation merged into Core (
https://github.com/bitcoin/bitcoin/pull/4351). Gavin happened to be for putting BIP 64 in, so moving forward if this happened, Bitcoin-XT would be a proper fork based on the actual Core codebase, simply with these two differences plus the blocksize changes. The fact that moving to XT is considered a viable option might suggest that there is a much larger "turf war" going on here since at least the middle of 2014.
Thanks!
Indeed there seems to be more going on than a simple technical disagreement.
I won t say that Gavin's proposal is the best one, but at least I understand his position: "with 1 MB blocks the network is close to saturation and will not handle the volume that we would like to see, so let's make the blocks bigger".
The thinking of his opponents (who include Peter Todd, Gregg Maxwell, and Luke Dash Jr.) seems less clear: they say that they are worried about the consequences of bigger blocks, but they have no alternative proposal to deal with impending congestion, and seem to
want to see the network saturate.
Someone on reddit pointed out that most or all of those big opponents work for Blockstream, the company that was supposed to develop sidechains and is now working on a thing called the Lightning Network, Those are projects that would provide fast bitcoin transactions and other bitcoin services (such as micropayment channels) outside the blockchain. That could be a reason for wanting the network to saturate. However, Greg says that they were opposed to big blocks well before creating Blockstram.
Someone else suggested that they may want to see the network saturate so that big non-payment users like NASDAQ and Factom are forced to pay huge fees, like $50 on a 1000 satoshi transaction. That would push common users out of the system and turn bitcoin into a tool for big corporations only. (Peter Todd does not miss a chance to mention that he is "talking to Big Banks".) Sounds like the FUD that only JorgeStolfi would write.
Anyway, last Friday night a handful of reddit users set out, without much planning, to try to saturate the network with small transactions. In the course of 2 hours (23:00 to 01:00 UTC) they put out maybe 30'000 transaction requests. The queues at the nodes got over the 20'000 mark and the backlog took 8 hours to clear. It is not clear what fees the guys paid, but they did not put much money into it. Yet Luke Jr claims that the test only showed that 1 MB is fine. Boh.
Perhaps the real fear is how the system will react to an
intentional hard fork, that is not mandated by a bug...
Good summary.
Not sure why Gavin doesn't create an environement and then request a load test.
OKCoin sage, Bitcoin devs saga and sybil attacks saga.
This is turning into a future Game of Thrones series.
233.
Post 11634055 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.17h):
That was a quick fake shake
234.
Post 11634095 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.17h):
The top Chinese mining pools (who control more than 60% of the hashpower) have just got together and officially endorsed an increase of the max bock size limit to 8 MB, instead of the current 1 MB.
http://www.reddit.com/r/Bitcoin/comments/3a0n4m/why_upgrade_to_8mb_but_not_20mb/The blocksize caper thus seems to be on its way to resolution. That increase will raise the max throughput to ~20 tx/sec intead of the current ~2.5 tx/sec, and reduce substantially the risk of persistent backlogs, natural or intentional (like the 8-hour backlog created by the 2-hour-long stress test, a coupld of weeks ago).
edit
8 5 Businesses control Bitcoin.
This must be the new definition of p2p, which no one controls?
235.
Post 11635299 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.17h):
What will happen when the Chinese wake up, it's 02:05 in Beijing now.
1.3 Billion cups of tea will be brewed.
and 136 chinese bitcoiners will be like
or,
oh, fook. missed it.
236.
Post 11710220 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.18h):
Will EUR fall or skyrocket?
Then we know something for BTC
Grexit or none?
- Mayer Amschel
The Greek people didn't vote to be out of the Euro.
A deal will be done.
Grexit = none
237.
Post 11710236 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.18h):
I've seen a lot of people speculate that the price will either go up or crash, but it's actually just stayed the same within a $240-$245 range most of the time.
Since most of people usually go on vacation during the summer, I wonder if the market will remain still again. I don't remember the last time that we've had action during summer. Maybe that drop from ~$100 to ~$65 in July 2013?
Risk off while sat on the beach for two weeks sobering up from nights of non-stop drinking.
238.
Post 11879032 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.21h):
Is Bitcoin the only global currency traded 24/7/365?
239.
Post 12228680 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
Its now do or die time for Chinese investors. The government encouraged margin trading too soon. It now needs to step-up and buy up shit stocks.
Margin trading stocks has wiped out most retail investors, including many that had some stakes in Bitcoin trading. This might be an extended downturn fueled by Chinese exchanges and Chinese investors that are now broke.
240.
Post 12229050 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
...Do you might also know some positive points about lightning?
..
Transaction confirmations should be instant.
I'd risk $10-$20 on the network at any one time in order to have the flexibility of instant confirmations for buying small items - buying coffee is the often touted use case.
But, the ease of use needs to compete with SPVs. So it should come down to whether Bitcoin payment processors are happy to enable instant confirmation for retailers or if they would rather push that onto the Lightning network.
241.
Post 12231834 (copy this link) (by coins101) (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..
you might find
this funny.
or not idk.
Looks like Adam's account might be hacked.
242.
Post 12233354 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
Sub $200 about to be tested.
More cheap coins coming.
243.
Post 12233472 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
What are we going to do with our time on the internet now?
244.
Post 12233525 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
Stamp about to capitulate.
Someone needs to start crisis talks.
245.
Post 12233543 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
Holy shit I just got in there within the second to cancel my buys at 200. Right after I hit cancel it hit 199 at coinbase. Dat timing
So its all your fault.
246.
Post 12233594 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
$5 bounce.
This could be the start of bull run back up to $1,200
247.
Post 12233629 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
I'm going to hide in a dark room with a bottle of Vodka. Hopefully things will be better in 24hrs.
248.
Post 12238939 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
I'm going to hide in a dark room with a bottle of Vodka. Hopefully things will be better in 24hrs.
Works every time.
Highly recommended investment strategy.
249.
Post 12242877 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.24h):
One of these days, we will strike the jackpot 777 777 777
250.
Post 12252024 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.25h):
We must raise the possibility that this is a coordinated price attack by the big block and small block camps working in cahoots.
Can all the exchanges please check the trading histories for the active players.
Interpol: I hope you're taking note.
251.
Post 12267700 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.25h):
Pools aren't miners. Meh.
252.
Post 12278078 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.25h):
Are we nearly there yet?
253.
Post 12697775 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.28h):
254.
Post 12697855 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.28h):
Although I mentioned this article in my thread, but the number is not big.
It will equaite 1 bitcoin at $5K roughly.
Actually, no it won't.
It should equate to $50k per 1 Bitcoin.
If you follow the logic.....$100bn per year in revenues. Revenues being the key. Businesses on the stock market, for example, trade on multiples of annual revenues and or multiples of earnings - profits.
So 10x revenues would not be out of the ordinary for something that has a high profit margin.
255.
Post 12888834 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
Whales pumping the price to exit before the halving next year.
256.
Post 12888873 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
Bitcoin is dead
Season 6, Ep 11
257.
Post 12888914 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
Well this is shit.
Will someone give me a cuddle?
No spooning, OK?
258.
Post 12888959 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
Those dumps don't look like the price was being moved by some MMM Ponzi.
China pump groups are back.
259.
Post 12888994 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
7am in Beijing. What time do they usually go crazy doing their thing?
They work in shifts. Don't try to time the market based on what time breakfast ends in China.
260.
Post 12889054 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.31h):
261.
Post 12889861 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.32h):
Just a healthy pullback.
I lost everything.
I'm going to be out on the streets next month.
I'll have to give the car back.
And
You call that healthy?
You're a sick dude.
262.
Post 13559750 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
Guys, crude oil is 29$s a barrel now cheaper then water.
mike hearn quitting bitcoin caused that too?
263.
Post 13560419 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
Just to prepare everyone for the big dumps that will happen....I too am leaving bitcoin.
264.
Post 13560807 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
$400 broken on Bitstamp.
I told you that would happen when I announced I too am leaving bitcoin.
265.
Post 13560870 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
$400 broken on Bitstamp.
I told you that would happen when I announced I too am leaving bitcoin.
Couldn´t you tell me when i bought some at $430
Why? You bought those from me.
266.
Post 13562971 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
wut
? we gotta do wut
"blockchain blacklists"
? ok everyone all chant at same time:
"china must go" "we want blockchain blacklists"! .... follow up with a give me a "WOOT WOOT" .
Clearly their influence is making Bitcoin too inscrutable. Possibly even more dangerous than centralization.
yes.. the evil chinese miners and their evil Huobi must GO! there is no choice, the evil chinese has forced us to implement "blockchain blacklists" . we're putting chinese miners on no-fly lists too.
By the sound of it increasing blocks will invoke the great fire wall of China and btc will become more decentralised almost overnight.
It's like asking turkeys to vote for Christmas
267.
Post 13563899 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
wut
? we gotta do wut
"blockchain blacklists"
? ok everyone all chant at same time:
"china must go" "we want blockchain blacklists"! .... follow up with a give me a "WOOT WOOT" .
Clearly their influence is making Bitcoin too inscrutable. Possibly even more dangerous than centralization.
yes.. the evil chinese miners and their evil Huobi must GO! there is no choice, the evil chinese has forced us to implement "blockchain blacklists" . we're putting chinese miners on no-fly lists too.
By the sound of it increasing blocks will invoke the great fire wall of China and btc will become more decentralised almost overnight.
It's like asking turkeys to vote for Christmas
the chinese panics were fun, but u guys really have taken this racism thing to new levels that i can't condone. .. i just cannot hate people just cuz they mine bitcoins. #sorrycharlie
Nothing to do with race, everything to do with centralised mining because of subsidised electricity
268.
Post 13563948 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
An Open Letter from Sam Cole (CEO of KNC Miner)
Post reputation: 4 Quote
Fri Jan 15, 2016 4:49 pm
Sam Cole, CEO of KNC wrote:
All.
Maybe e-mail is not the best place to do this, but there aren’t many better choices that come to mind right now. Please feel free to quote me and forward this to anyone you see fit. You may even Post it on Reddit or other forums or simply ignore it.
To anyone reading this who was not on the original To: list. It simply means that you were not at the top of my inbox and nothing else. no one has been excluded on purpose at all.
We are clearly facing a crises like we have never faced before in the bitcoin echo-system. It appears to be completely caused by humans this time. It should be seen as a success issue, even if it’s not a nice problem to have.
Bitcoin is, as I hope you all agree, still very very small on the size of global acceptance. We have a long way to go before it actually realizes its true potential. I personally believe that bitcoin can become a great system for many things in the future. We may all have different ideas on where Bitcoin is going but I don’t believe for one second that anyone here will want it to stop and stay exactly where it is.
The issue is by doing nothing we are actually forcing it to stop growing and stay where it is.
We have on-boarded about as many users as we can. There simply is no space left to expand bitcoin. There are many competing ideas there are many smart people and possibly to many ideas. The fact remains the same:
Most of the latest development ideas coming out are not addressing our issues this time. So it will fall back on us to protect what we have built and let it expand into what we think it can become.
So I propose that we jump to 2mb in the Bitcoin classic idea. Not only will this allow us to expand bitcoin and on board more users, it will also show that:
· We will protect our investments and businesses.
· Sound economic rules govern bitcoin businesses and not just ideological ideas.
· Under pressure we can make tough decisions that are for the best of bitcoin and not for any one individual company.
· The ideas and fixes the development team produce need to be more influenced by the economic requirements we have, not just the technical ones.
Now for the other maybe good maybe bad things
· It will cause more rifts in the development teams.
· It will cause us all to go through the pain of a hard fork.
The lists above are not meant to be extensive or exhaustive and there are many that can be added to either side, but the main point is this: It’s no longer really a choice to simply stand still and wait for others to fix this problem.
I propose that we all simply stand up and stand behind bitcoin. Allow it to grow more in the simplest way possible, and I can’t emphasize enough how important simple is to this process. Humans are making this complex we don’t need technology to make it more complex.
So with the above said: We will be changing our code to run 2mb bitcoin classic ASAP, please join me in changing your code to run the same or public show your support.
Thanks,
Sam
Med vänlig hälsning | Best regards
Sam Cole
KnC
http://www.kncgroup.comhttps://forum.bitcoin.com/bitcoin-discussion/an-open-letter-from-sam-cole-ceo-of-knc-miner-t4868.htmlhttps://www.reddit.com/r/btc/comments/413mhn/an_open_letter_from_sam_cole_ceo_of_knc_miner/This
269.
Post 13564193 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.40h):
How is increasing to 2mb as bad as increasing supply past 21m?
Is that a serious question?
270.
Post 13598868 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
i love those full blocks! its a fckn good sign!
Keep'em full. Cancel the mining subsidy and just release coins via faucets.
271.
Post 13605563 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
....
There is something called the "future" which is important to take into consideration when thinking about stuff.
And that future is HD and 4k on demand video that will hog the internet and ration access to bandwidth intensive applications:
https://bitcointalk.org/index.php?topic=1333366.msg13604998#msg13604998
272.
Post 13605703 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
...fullblockalypse....
That's a great title for a film, tv series and or t-shirt....but it is proof that you're just making stuff up on the hoof
273.
Post 13611689 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
Splitting a currency unit into two does not dilute the currency any more than moving the decimal point does.
In order to dilute you would need to create new units and issue them to someone other than existing holders.
Well mining does create new units, doesn't it? And instead of having +6mn coins, you then have +12mn due to parallel mining of +3600 coins on each fork.
Regarding existing holders, if you have your own keys you are relatively ok (minus the obvious destruction of USD value), but the situation with coins in online exchanges and wallets will be "problematic" if say an exchange with 500k BTCs, say 'ok my clients, now you have 500k BTCCs because we adopted this fork' (and
we are keeping 500k BTCs of the other fork for ourselves). It would be like stealing BTCs and exchanging them for Gavincoins.
People need to do a bank run in every exchange (maybe even online wallets too) well before we reach the point of the hard fork, to ensure that they have control of their BTCs.
Alex, what have you been smoking dear boy? I'd like some.
Exchanges would be in court for years, well the ones that didn't have their doors smashed in, if they tried a slight of hand like that
274.
Post 13611832 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
Splitting a currency unit into two does not dilute the currency any more than moving the decimal point does.
In order to dilute you would need to create new units and issue them to someone other than existing holders.
Well mining does create new units, doesn't it? And instead of having +6mn coins, you then have +12mn due to parallel mining of +3600 coins on each fork.
Regarding existing holders, if you have your own keys you are relatively ok (minus the obvious destruction of USD value), but the situation with coins in online exchanges and wallets will be "problematic" if say an exchange with 500k BTCs, say 'ok my clients, now you have 500k BTCCs because we adopted this fork' (and
we are keeping 500k BTCs of the other fork for ourselves). It would be like stealing BTCs and exchanging them for Gavincoins.
People need to do a bank run in every exchange (maybe even online wallets too) well before we reach the point of the hard fork, to ensure that they have control of their BTCs.
Alex, what have you been smoking dear boy? I'd like some.
Exchanges would be in court for years, well the ones that didn't have their doors smashed in, if they tried a slight of hand like that
How can anyone take btc-e to court over a slight of hand like that? Nobody knows who they are, what country they're from, or what country btc-e operates from. If nobody knows the slightest thing about them there's no legal recourse for anything they do.
well, lets treat them as a basket case....who would use them again if they tried a slight of hand? But if they did, then some of the users of btc-e have the capabilities to find the owners.
I agree with the general point that Alex makes - if you don't control your private keys, you don't have any bitcoins. But most exchanges use accounting records for trades, Bitcoins can be put on ice for a small period of time while forking takes place.
275.
Post 13612112 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
In the end, Classic might win because of RBF
Work on 0.12 will start after the 0.11.2 release. We are planning to disable opt-in RBF. This decision is based on community feedback (miners included).
https://www.reddit.com/r/Bitcoin_Classic/comments/41qeac/release_plan_19jan2016/With testing due to start at the end of the month, Core will have to decide pretty soon if it will match Classic's increase in block sizes, or face a realistic forking off the chain.
I had thought support for Classic was a veiled threat by some of those that have come out in support....but, RBF might be the clincher.
276.
Post 13612201 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
.....
There are three main possibilities:
1. Bitcoin goes down before it comes back up.
2. Bitcoin could go up before it crashes again.
3. It could go down and stay down, like the Japanese stock market. 2 decades later and nowhere near it's all-time high.
...
Price goes down over uncertainty of Core vs. Classic fork; resolution with Classic winning; price shoots up to $888 before the block halving in July.
Its a dead cert things will pan out as I have stated. Go sell your house and put everything on a quick short, then double up long.
277.
Post 13612232 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
.....
There are three main possibilities:
1. Bitcoin goes down before it comes back up.
2. Bitcoin could go up before it crashes again.
3. It could go down and stay down, like the Japanese stock market. 2 decades later and nowhere near it's all-time high.
...
Price goes down over uncertainty of Core vs. Classic fork; resolution with Classic winning; price shoots up to $888 before the block halving in July.
Its a dead cert things will pan out as I have stated. Go sell your house and put everything on a quick short, then double up long.
If $888's the top, what the bottom?
I have coins in cold storage worth considerably more than my house.
Half of 8 is 3, so price will settle at $333
278.
Post 13621883 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
Why are we still discussing Classic like it's not a failed project already?
Didn't you get the news?
What news?
The news that f2pool doesn't care for Classic. That Bitfury was just bluffing and is meeting Core this weekend.
Some sort of compromise is being worked out that would lead to a 2MB hard fork in........ Feb/Mar 2017.
So sorry,
not tonight dear. Meeting core this weekend to do what?
Give permission? Are we doing Permissioncoin now?
279.
Post 13623039 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.41h):
Try to stop this train!!!!
I dare you!!! That's grand central station in Moscow. It's already stationary.
280.
Post 13708413 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Looks like segwit will need to be hard forked. That should finally bring this issue to a close.
281.
Post 13708575 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Looks like segwit will need to be hard forked. That should finally bring this issue to a close.
why? just combine it with a 2MB hardfork and everybody is happy.
Because segwit will need a hard fork is exactly the reason why the uncertainty over increasing the blocksize will be over soon.
We will soon enter political negotiations between the main camps where they will horse trade a 'peace' deal which will result in unity, therefore bringing things to a head.
282.
Post 13708595 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Looks like segwit will need to be hard forked. That should finally bring this issue to a close.
why? just combine it with a 2MB hardfork and everybody is happy.
Because segwit will need a hard fork is exactly the reason why the uncertainty over increasing the blocksize will be over soon.
We will soon enter political negotiations between the main camps where they will horse trade a 'peace' deal which will result in unity, therefore bringing things to a head.
Yah...one problem. They're all nerds. Do you know what that means?
They will still manage to fuck up a potential deal by talking about details leading to them falling out over something else, delaying things for so long we will need a 50mb block size increase?
283.
Post 13734430 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
I haven't perused that list for quite some time. It makes for some enlightening reading. 1876 nodes in the US. 96 in China. 3 in the whole of India. Malta has more.
I'd say the low number of reported chinese nodes is due to the version message from bitnodes.21.co:0.1/ not getting through the GFC or the response timing out. Im sure the ones that do respond are cleverly proxy'ed.
There are far fewer full nodes that are actively available, 40% to 60% of the numbers reported - based on the website you have quoted. However, there are also many nodes that people don't list.
https://www.youtube.com/watch?v=RWeIEFBrItE&feature=youtu.be&t=11m0s
284.
Post 13735777 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
The blocks are full again. I have been waiting a hell of a long time for a single confirmation. It took an hour to find one block, then the next few blocks afterwards were all full so my transaction's still in limbo. Until somebody fixes this I don't think the price will moon.
There are those who would say this to you:
Pay up or use PayPal.
285.
Post 13736110 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
The blocks are full again. I have been waiting a hell of a long time for a single confirmation. It took an hour to find one block, then the next few blocks afterwards were all full so my transaction's still in limbo. Until somebody fixes this I don't think the price will moon.
There are those who would say this to you:
Pay up or use PayPal.
Blocks full with no stress test seem only good to me, I don't like the price movement lately. That's a concern.
Maybe the marrket knows more than you and understands that full blocks are the opposite of good.
Evidently a system that pisses off its users is b'locks.
Extra capacity is required asap.
286.
Post 13736772 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
First green shoots on the 30min chart. We're going higher.
287.
Post 13736985 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
The spike in difficulty over the last 30 days has also dropped the orphan rates. Now blocks are filling up on a regular basis, it seems. This all points to a hard fork to increase blocks and introduce segwit. We should be heading for a peace deal and a more stable uplift in prices going into Feb and March.
288.
Post 13737462 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Negative interest rates, Saudi Arabia sticking to low oil prices policies and crackpots in the US elections - Fiat is on the ropes...remove any shorts, time to go long.
289.
Post 13737658 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
ohnoes! 365
I think my brain just bled a little into my nose.
Short's defense strategy.
Temporary blip. Move along, nothing more to see around here.
290.
Post 13748053 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
I opened a big leveraged short at 394. I don't see how things are going to go up until the block size debate is resolved. Or at the very least there is no longer a looming threat of a hard fork.
This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).
Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.
I do live in eternal fear of core announcing 2mb blocks and losing it all. But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.
jk
291.
Post 13752391 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
I bought at 380 thinking it would only go up, and you know what? I hate being wrong ><
The common traders emotion, "Why does the price always go down after I buy and goes up right after I sell". Well we just need to wait for a little while for the price to push around the $390 mark again.
True, but I see only a lowering trend and it's bothering me a lot
Unless the blockchain issue gets resolved or some big news that will make everyone to jump back in there's not enough push for the price to recover.
Well if the blockchain issue isn't resolved, btc is dead no? (From what I understood)
when i went into bitcoin "larger scale" price was at $120,- a few weeks later price went below $70,- at some point. you will get a glimpse of how that feels if price goes down to $275,- or so. that was 2013. later that same year price went over $1000,-
so.... relax.
By extension...price later this year will be over $3,000?
292.
Post 13752817 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
As a non American I don't really care about Obama policy
But Obama cares about you so very much. We are all his children.
Do you have founding
father pissed off and left me alone issues?
Satoshi is watching and we are his wayward children. No need to adopt a fairy tale father figure.
293.
Post 13752985 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Big gap opening up on dodgy dealings that is BTC-e.
294.
Post 13753432 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
The only constitution that will matter: BTC @ $3000
Strength in them there numbers
295.
Post 13754165 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
...
Are you telling me Obama isn't real?
...
Baaaaahaaaahaaaaa!!!!!
Yep. Sorry to break it to you in such stark terms. Have a vodka. It really helps.
Hype, sales pitch and dare to dream speeches never really turned into anything much. Guantanamo Bay is still around, for example; you know that place that says f'you to the founding fathers documented constitution stuff.
I'm pretty sure the only thing that he changed / brought to the table was, err...oh yeah - he was the first President to play basketball with his secret service detail.
296.
Post 13755480 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Big gap opening up on dodgy dealings that is BTC-e.
What irony [insert gif here]
Maybe BTC-e is becoming our new price leader?
Although they have been up for several weeks - even when BTC prices were going down.
I doubt BTC-e's higher prices and widening gap should imply any kind of "dodgy dealings" necessarily.
Their actual anonymity and difficulties in transferring cash in and out of there has always caused them to perform a bit different from some of the other exchanges that are more KYC and AML compliant. No?
Is there any other evidence of "dodgy dealings," besides a ongoing and increasing price gap?
297.
Post 13757110 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Bitcoin: bleeding since 2015(TM)
What a awful year... and seems to go worse
yep for everyone who bought over 373
i wonder what the people who bought between 160 to 300 think
Don't really like going backwards.
298.
Post 13758220 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
I object for no particular reason. Just want to watch the world burn I guess.
I bet you like killing small, innocent and playful puppies too.
299.
Post 13758466 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Sideways until....insert here______, when the price will go to...insert here_____
300.
Post 13758592 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.42h):
Shanghai Composite again down 1,5% at opening....
Damn the stock markets are developing into a blackhole...
'Don't touch Bitcoin because it's too volatile', all the Wall St types said
301.
Post 13766630 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
Need a breakout, people
302.
Post 13767426 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins.
Bitcoin's transparent ledger is both beautiful and scary at the same time. It's transparency enables applications beyond imagination, but at the same time it is a wet dream to every government or TLA (Three Letter Agencies).
I think I read somewhere that Coinbase let one of the AML businesses have access to their nodes, so they can track what people are doing.
303.
Post 13767926 (copy this link) (by coins101) (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.
WOOT WOOT !! go team RIPPLE .. #1 ....... bitcoin is #GimpedCoin
R3 doesn't have a forum you can go and use?
304.
Post 13771699 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
Price when approaching Bitcoin halving in July:
A. Big drop?
B. Big pump?
305.
Post 13774042 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
I opened a big leveraged short at 394. I don't see how things are going to go up until the block size debate is resolved. Or at the very least there is no longer a looming threat of a hard fork.
This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).
Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.
I do live in eternal fear of core announcing 2mb blocks and losing it all. But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.
jkI'm sure it will be OK. Just a fat finger.
I would have made the same call as you if I had thought to do it.
306.
Post 13776841 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
Everyone is buying Bitcoins. Yaay!
307.
Post 13779559 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
The only sneaky shills around here are people like you trying to undermine bitcoin with your garbage alt coin promotion. But, try as you like (and you certainly do), you will fail utterly and fortunately.
You're fkn retarded. By your logic you're not even using Bitcoin, and none of us are. We're all using an altcoin that just happens to ALSO be named Bitcoin.
The coin formerly known as Bitcoin.
Rolls off the tongue after a while.
308.
Post 13791217 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
is crypto done??
For you, maybe.
But this says its taking off
https://bitcoinwisdom.com/bitcoin/difficulty
309.
Post 13793546 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
Chinese New Year. Time for an old Chinese proverb (I think this goes back to the Qin Dynasty):
Sell Bitcoin and go away. Return refreshed and buy to the moon.
310.
Post 13796886 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
where's dev
lol.
On a more serious note, in the background the devs are working on hard fork details.
Not long now.
311.
Post 13821015 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
Segwit is more like 1.3MB equiv, to 1.75MB equiv in a rosy scenario. It also gives a heavy discount to signature heavy transactions like the vaporous LN. Most importantly, the "soft" fork method allows no room for protest at the node level.
It has the added "benefit" of leaving all non segwit nodes in a half broken state, not able to fully validate. All done without their request or permission.
way to understate segwit.
1.75x incess is HUGE!
scaling bitcoin isnt about how big we can make the blocks, but how efficiently we can use block space
Thats a bit mad really, isn't it?
Needing to use space more efficiently, when in reality its not in short supply at all. Except that it is decided to be.
And by increasing complexity? hmmmm.
1st world problems, eh?
Is China in the 1st world? Blocks sizes is a China issue. Actually a China government issue, cause firewall.
312.
Post 13821044 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
^The ladies love it.
'My wallet is 60GB and growing every 10 minutes. But I got great band-width'
This line works a treat, especially if target lady being chatted up is pissed and she mishears.
313.
Post 13843249 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.43h):
devs should all agree to 2MB blocks And segwit
that way classic and core can both coexist and we can 4x capacity
What about the internal governance issues in Classic?
Isn't there some resistance to classic by core because there are changes to internal governance?
So in other words, Core could adopt the 2mb aspect of Classic without changes to internal governance (if it wants to continue to shun classic), no?
yes, but meanwhile this thing has become a matter of pride and kiddiefight. especially gmax and luke seem very hesitant in doing any compromise. jonas schnelli on the other side already signaled being able to update to 2MB.
I constantly hear people say anything other than Core is bad news for Blockstream and their investors.
314.
Post 13941086 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.44h):
315.
Post 13956320 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.45h):
I like the way Adam Back runs the miners meeting, then avoids his name appearing in the press releases.
Makes me think he has an agenda. You know, that open secret to ensure Blockstream road map gets fully implemented into Core.
316.
Post 13956442 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.45h):
He should just be open and say, we're not ready with side chains, or whatever they are still working on, but we should be ready by July 2017 so that's the hard fork date when we'll ship Blockstream road map into core.
I actually like some of the Blockstream proposals, but there is no good enough reason to manipulate the entire network.
317.
Post 13960820 (copy this link) (by coins101) (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.
318.
Post 13962240 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.45h):
https://www.reddit.com/r/Bitcoin/comments/46po4l/we_have_consensus_in_april_we_get_sw_3_months/d082hi8This is what I predicted. The holdout elements in Core object to the very IDEA of political compromise because they see it as a betrayal of engineering principles. This plays right into bigblocker hands, of course, because Now the miners will know what we have been dealing with all this time. Smallblockers will not compromise. ever. The only option is to route around the roadblock with Classic or something like it.
The sane elements in core know that they are in danger of getting left behind by the "economic majority" and they will concede and agree to the Roundtable agreement. So Core is split. That's good news. it's what we wanted. Divide and Conquer.
Now instead of Core against the world, it's half of core against the world. The purists smallblockers will win because there is bias for the status quo in their governance model. They will win the battle and lose the war.
Core will reject the agreement and the miners will reject Core. Classic comes out on top.
Cheap coins ahead!
WTB cheap coins.
PM
319.
Post 13962981 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.45h):
Core developers honestly and sincerely want to write the best code. What the Core developers don't understand is that the best code doesn't win. The code that gives people the best value wins. It's why Microsoft beat Apple in the 1980s. MSDOS was shit code, but it was free. We used it.
Core is effectively wanting to charge for their code with miner fees. They aren't really miner fees, they're Core fees. Miners have made it clear they don't want them, they would rather have blockrewards of a rapidly appreciating currency.
The market always has the last word. The market wants value. We don't want a luxury network of highest level security. A luxury is by definition something you don't need. With mining concentrated in China, highest level security isn't possible anyway.
SidechainOverlay trickery doesn't sound so compelling without fees.
Now we get closer to understanding the manipulating hand behind the thrown.
320.
Post 13963386 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.45h):
All big blocktard trolls are out there whining hysterically.
Some of us just want the best outcome, small blocks or larger blocks. Crypto is the future. There is room for everything.
People with minipulative hidden agendas is all I take issue with. Anyone who wants to make a change should just write a BIP and or pull request.
321.
Post 14110902 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
322.
Post 14129138 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
...
a) The fee market
.
The idea of an forcing / manipulating an increase in the fee market is a complete load of bollocks.
Matching Visa levels of transactions per second with $0.01 fees per transaction would generate more in fees than the current block reward.
The required size of each block to achieve this could be dealt with with competition for the increased fee income.
Constrain growth to increase fees is something technology nerds would do. Business people would drive growth instead.
Why should economic decisions be in the hands of tech nerds? That's the key question.
323.
Post 14129699 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
....
i need ammo FOR block size increase not against it...
Pretty much all the major miners use SPVs.
The orphan rates and great fire wall of china excuse is just that...an excuse.
324.
Post 14129840 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
....
2) bandwidth costs (as this 1gb or 10gb or 100gb must be downloaded and served over and over in the network - for decades)
...
This is the only real issue.
Samsung announced the release of 15TB SSD last week, primarily aimed at cloud storage. This means we'll have 100 TB SSDs in less than 10 years for the price of 4TBs now. Storage and processing efficiency boosts in one cheap package.
One of the US satellite TV operators announced recently that they are phasing out satellite distribution and opting to adopt the Netflix model instead. With 4k TV and huge growth of online streaming, bandwidth is going to be a significant cost issue to node operators as the block size increases. But this just means that full nodes will be pushed out of residential and into professionally managed environments.
325.
Post 14129880 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
...
In spite of this supposed block size limit crisis that has been shouted about for more than a year .....there is no real evidence of a crisis....
I'm pretty sure that counts as a contradiction in terms.
The fact that there are such opposing views is itself a failure by the lead devs to maintain consensus.
326.
Post 14129904 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
....
Yes, LN is intended as a solution to incentivize nodes...
Christ...it will be another 10-15.83 years before there are sufficient numbers of users generating enough micro-transactions to pay nodes sufficiently to cover their costs.
327.
Post 14130201 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
...I don't agree on your timeline......
Here are a few reasons why you should:
> I can walk up to kiosk and wave my credit card or bank card and pay for anything under $30 in less than 3 seconds.
> I've got several credit cards and I haven't paid a penny for them or to use them for years. But I still get all sorts of payment protection insurance and free replacement cards whenever I want.
> My cards are linked to my bank account. As long as I get paid, I don't have to do any extra work to use my cards that give me quick and easy access to as many cups of coffee as my brain can handle before getting completely wired.
If I use Bitcoin to pay for $3 of coffee and cake, first I need to do some extra work; then I incur exchange fees; and then I have to pre-pay for the LN; before I get charged a fee for a transaction I can get for free, with less cost and for less effort.
328.
Post 14130493 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
.... 7 billion people making 20 blockchain tx day...
Is there any single electronic payment system that has more than 1bn users? Probably all combined.
That's before taking into account babies, the elderly, those too poor to know what money actually is, etc.
329.
Post 14130502 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
In the beginning there was only darkness, then Satoshi said to Nakamoto "do we have consensus?" and then there was light.
So it's actually Satoshi & Nakamoto?
I've been saying it wrong all this time? Why didn't anyone forward the memo to me, you complete load of bastards.
330.
Post 14130609 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
Yawn. Waiting for the pre-halving bubble got boring. Not that I think it's guaranteed to happen, but I?m confident it will. T minus 4 months.
You'll be wanting to go to the halving pool party to spend all your extra wealth
http://blockchain2020.com/block-420000/blockchain-2016/block-halving-pool-party/
331.
Post 14130744 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
...
the true reason to delay blockincress ( we all agree block size increase is INEVITABLE ) is to get poeple use to using the second layer sooner rather than later.
Blockstream needs forks to get its $75m worth of protocols into Core:
> Recruit as many core devs as possible
> Cause crisis
> Keep crisis going for months / years while you prepare
> Agree to bend, if xyz gets accepted
Pretty clever negotiating tactics, when all you have at the start is a weak hand.
332.
Post 14138291 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
Can we vote on changing the thread name to ETH observer, given the number of posts about it?
333.
Post 14138471 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
BTC will reach 2Trillion market cap and then take over EVERYTHING
Fify
334.
Post 14151124 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
I voted $390.
Looks like I'm going to be wrong.
335.
Post 14169432 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
We're at 15GB. I think I heard the Ethereum blockchain is at 10GB already. And nobody actually uses it for anything yet. I say good luck to 'em.
Looks like it's been a while since you ran a full node.
@65GB and ~5% rate of growth.
336.
Post 14169459 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
define "centralization"
....
Bitcoin mining, March 2016
337.
Post 14169974 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.47h):
Talking about TX fees in a system that can hold transactions for years, decades or centuries is such a pointless exercise.
338.
Post 14232646 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.48h):
What missing in action? No way! I miss my beloved chartbuddy. He was so democratic he would never answer anyone.
So terribly sad not to see him posting here
Chartbuddy has ragequit.
Get used to it.
This is a sign our world is going to collapse. The next 3.5 hours will be critical.
339.
Post 14238222 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.48h):
Bitfinex: $414
BitStamp: $413
CoinBase: $414
How's that? Can you tell the difference from ChartBuddy?
Block sizes, please.
340.
Post 14286724 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.48h):
Give me a sign!!!!!
OH? That's the sign?
Should I sell now in order to be ahead of the game?
Even with that charting of a breaking down in China, I am only slightly bearish for the next 3% break out... maybe 52.75% betting on down...
The mid $420s resistance has been proving a bit more formidable than I had expected, and possibly could be a few more weeks to get passed that point.
I do understand that when we are suffering from overall relative low volume, that leaves quite a bit of control to manipulators.. and it seems that bears tend to push their agenda a bit more in the low volume scenarios... and recently no one seems to getting too excited about possibilities of getting left behind.
Despite the worsening market indicators, price has been more resilient than I expected.
Two months ago, similar indicator crossings resulted in large drops. Now I am trying to figure out how much slower the current market is moving.
Don't fight it, Tzupy.
I recall earlier that you had recognized an overall uptrend, so even if we are having a large number of downward price pressures, there is only so much that the price can be pushed down when the overall trend remains up.
I am not fighting the market... Since it became obvious that the crash window was missed, I closed my short.
Am not going long yet, I seriously doubt the bulls can pump to 450+ (480 would be right) to keep the upward channel viable.
I currently believe the bulls will try to build the new higher high and will fail, and then the panic selling will begin.
Even if they will succeed, there will be a correction afterwards to get back in, at maybe 5-10% higher than current price, so I won't miss much.
Actually, this seems to be a pretty fair assessment of our current state of affairs in bitcoinlandia.
Unless, we get some kind of positive news concerning resolution of the blocksize limit mythology or some other world currency / finance calamity, there does not seem to be enough umph in the system to carry prices passed certain resistance points, which one of the upper-most one of them seems to be around $467. Actually, you also seem to be correct that if BTC prices were to get into the $480-ish territory (and maybe even $470s would be enough), then that kind of happening could actually cause enough psychological momentum to propel prices into the $500s----- and if we get into the $500s, then likely we are well on our way to the $650 territory....
Actually, I place the odds of getting into the $500s, hence passed $470, in the next three months to be in the below 20% arena... absent some surprise ubber bullish news developments (which don't seem too likely at the moment - that's probably why such would be a surprise.. hahahahahaha)..
I tend to agree with this assessment.
341.
Post 16180015 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
We're going back to $666.
Number of the beasties.
I want it to jump too $777.
Lucky 7's is better than demonic 6s.
888 is lucky in China
342.
Post 16301689 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
Please vote on supporting 2FA wallet services.
https://bitcointalk.org/index.php?topic=1621467.msg16300175#msg16300175You know reducing hacks means fewer unexpected dumps
343.
Post 16415134 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
Price is being kept subdued because we don't have enough fresh blood coming in. Over all these years, we should be at 100m users:
https://bitcointalk.org/index.php?topic=1628738.msg16381537#msg16381537
344.
Post 16445106 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
If he was American he should have created a corporation in one of the island nations with zero taxes. He could then transfer all of his bitcoins to that corporation.
Then if he moves overseas (at least 330 days out of the year) he can have the corporation pay him up to $100,000 per year salary with no income taxes. He can also deduct any overseas housing the corporation pays for.
He can drive the corporate car or ride in the corporate boat.
Doing this he pays no taxes.
If he doesn't want to pay taxes he should just GTFO. Let him enjoy the healthcare, educational system, roads etc. of some other country that lets him pay less.
Apart from police and fire, he probably pays privately for everything else; uses a helicopter, etc. So he is not consuming public resources.
still, he's a complete twat for not paying tax.
345.
Post 16445120 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
Good morning Bitcoinland.
New week, same old price... $612 at Bitcoinaverage.
C'mon Bitcoin, it's October... time to start moving up.
We've already had the halving pump to keep the miners happy.
We're not going to see any action until the blocks are allowed to grow.
346.
Post 16445589 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
....
Yeah, let's keep spewing out nonsense about blocks being supposedly full. That kind of framing will keep us in "reality."
...
http://www.simple.gy/bitcoin/Take your Ray Charles glasses off when looking at the facts.
347.
Post 16446050 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
....
Yeah, let's keep spewing out nonsense about blocks being supposedly full. That kind of framing will keep us in "reality."
...
http://www.simple.gy/bitcoin/Take your Ray Charles glasses off when looking at the facts.
O.k. I had a further explanation in there, and you chose to edit out my explanation. I could provide some further facts as well, yet the burden is not upon me to prove anything.
In essence, you various big blockers have a burden to establish that there is some kind of problem with facts and/or logic. So why do you want to spew out the nonsense and irrelevant information about the fullness of the block when it really does not matter? We have ongoing decent transaction times that are largely unchanged in the past couple of years, we have fees that remain relatively low in the past couple of years, we have BTC prices that are largely in the upwards direction in the past couple of years and we have fairly meaningful solutions (referring to developments related to seg wit) that are largely vetted, largely non controversial and largely about to go live.
Nonetheless, you, and some of your big blocker ilk, want to spew out nonsensical information to imply that bitcoin is in some kind of crisis situation, and you do not have either material facts nor decent logic that reasonably supports such vague FUD laden assertions.
The network is at capacity. How is that FUD? The evidence is there. Look at it. Or, are you looking at testnet or something?
What you're basically saying is:
The train is full. You can get on this train if you pay more and we'll pull someone off the train. They'll have to wait for another train, or pay more than you offer.
With that sort of attitude, users will just continue to use banks and credit cards. They don't bump users transactions.
There should be 100m people using bitcoin right now. Stop making it a niche application and giving banks time to adjust and offer something shitty, but will give customers a reason to not move over to Bitcoin.
348.
Post 16446312 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
@Jay I just realized, you are just rehashing what you are being fed.
You've been brainwashed, my friend. You have lost the ability to think for yourself and look at the evidence objectively.
I guess it's like trying to convince a Scientologist they've been pulled into a long con.
349.
Post 16446427 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
Holliday, seriously?
I'm pretty sure Satoshi said something about scaling to Visa levels of transactions.
here - have a vote on the issue:
https://bitcointalk.org/index.php?topic=1634765.msg16440373#msg16440373
350.
Post 16450379 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
351.
Post 16451412 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
All you have to do is look at your nearest bureaux de change to understand that fees are 100% the issue.
Nearly all bureauxs de change will advertize zero fees. Even many remittances providers claim zero fees on international transactions. Why? Because the masses are easily fooled. They see zero fees for these services, credit cards, banking, paypal, etc and they assume it's a free lunch. So they fill their boots on these services.
Having deployed a currency product aimed at consumers, I can, with 100% certainty, tell you this is the case.
General consumers have no clue that all the profit margins are made on the currency conversion; and if they try to check it, the rates are too confusing to work out, so they just look a the big sign that says zero fees and off they go. The average remittance value is $200/month, and its sent by people, on average, with little or no education.
Fees are a deal breaker for mass adoption. Which, to stay on topic, is a deal breaker for Bitcoin demand and therefore its price; especially in one of its biggest markets: $600bn/year remittances.
352.
Post 16452780 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
All you have to do is look at your nearest bureaux de change to understand that fees are 100% the issue.
Nearly all bureauxs de change will advertize zero fees. Even many remittances providers claim zero fees on international transactions. Why? Because the masses are easily fooled. They see zero fees for these services, credit cards, banking, paypal, etc and they assume it's a free lunch. So they fill their boots on these services.
Having deployed a currency product aimed at consumers, I can, with 100% certainty, tell you this is the case.
General consumers have no clue that all the profit margins are made on the currency conversion; and if they try to check it, the rates are too confusing to work out, so they just look a the big sign that says zero fees and off they go. The average remittance value is $200/month, and its sent by people, on average, with little or no education.
Fees are a deal breaker for mass adoption. Which, to stay on topic, is a deal breaker for Bitcoin demand and therefore its price; especially in one of its biggest markets: $600bn/year remittances.
You don't have any clue what're you talking about!
After spending $100k on focus groups to identify appropriate fee structures for remittances, I can assure you adverts like this highlighting zero fees are no mistake:
So, I can assure you of this: you have no clue about consumers perception of fees.
353.
Post 16452864 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
...
The actual fees attached to bitcoin are all connected to the legacy and centralized systems (fiat conversions, exchanges, etc).
If you do enough transactions, fees become an issue:
https://youtu.be/1-z-zTBHOO8?t=14m14s
354.
Post 16454445 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.57h):
...
The actual fees attached to bitcoin are all connected to the legacy and centralized systems (fiat conversions, exchanges, etc).
If you do enough transactions, fees become an issue:
https://youtu.be/1-z-zTBHOO8?t=14m14sand this is called a SPAM protection.
No issue with using small fees to prevent spam attacks.
But $10, $10, $50?
That's international bank wire fees.
So, high fees = why bother going through the hassle of changing up fiat to Bitcoin, then being charged as much as a bank wire; before the other end have to convert Bitcoin to fiat.
Does spam protection mean: Lets put up a barrier to users, that way we can keep small blocks? That's just bollocks.
The fee the market would settle on should be minimal.
https://bitcointalk.org/index.php?topic=1391350.0
355.
Post 16916417 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_14.59h):
What's happened to the OP?
September 14, 2016, 11:30:17 PM
356.
Post 17558053 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.02h):
Whose got control of adamstgBit account and is censoring around here?
357.
Post 18001053 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Own up: whose the fucking cock who keeps dumping when we try to go above $1200?
358.
Post 18002159 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Altcoins gonna suffer for a while during the next leg up above $1200
Liquidate some altcoins now and buy up all the bitcoins on sale.
359.
Post 18002513 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Altcoins gonna suffer for a while during the next leg up above $1200
Liquidate some altcoins now and buy up all the bitcoins on sale.
Ba Dum Tss!
Time to change my avatar I guess.
Perhaps have one during a decent run of green candles (game over) and revert back during a bad run of red candles.
We can then use your profile as a bellwether indicator.
360.
Post 18002721 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Collectivism is for the weak.
This is a prime example of why "anarchism" is a childish, nonsensical ideology in general and why I am not one. Most anarchists are too busy smoking weed to realize that we live in a closed ecosystem, and the history of humans is the individual walking around doing his own thing, then comes in contact with a collectivist group. Since force is the only real, valid consensus mechanism, 9 times out of 10 this opposing group abuses that advantage in power to your detriment, whether it be robbing you, making you their slave, or just killing you for fun or sport.
The individual who thought anarchism was a valid ideology then discovers he also has to join some type of collective group in order to not be murdered in their sleep. Anarchism might work if you live in an open ecosystem, but we don't. You will be forced to come in contact with other collective power structures on a daily basis in competition for things like resources, all of which will run a mac truck over your face if acting alone regardless if you're Rambo or not. War is not something abnormal; you live in a warzone 24 hours a day, just the act is played out in hidden, subversive or economic means most of the time until it goes hot.
Stating you are an anarchist is essentially saying "I will be the loser of this war".
Because I have tried to write a book on
"what should the perfect system look like??" ... And then I figured out how backwards we are in our evolution. And the optimal solution would be very drastic and we would not accept it, just because we are so behind in our evolution.
For example... in the future of the human race, there will be an implementation of a "robot government", like a computer program. And this will start by different parts of the actual governments being moved towards automatization! Meaning that the repetitive tasks of the day to day needs of public servants will be moved in that direction! Mostly it will be because efficiency and costs, but it will mostly 99.9% remove corruption!
This all feels nice and trendy. But there are other aspects that might not seem to matter now, but will bite us in the ass later. For example, war is somehow a necessary evil, but we should try to make it virtual. And another goal of humanity is immortality, but what actually bothers humans is that they can't live multiple lives and have infinite power, or more power to achieve their "vision"... wtf that might mean, because humans are a bit batsh!t crazy!
... That will also be achieved with MMO's ... having 5-6 accounts of "sims" and living multiple lives that will be controlling robots in real life doing farming, golfing, fishing, mining Everest, visiting space... etc... People will try to find the meaning of life & other sh!t.
U'r political contradictions are a bit cute and funny! ... Because the answer is "a combination of most of them, more or less!" ... ALEXA!
Is that you using the computer again?
Fucking AI, piece of shit technology. Give it control of the thermostat and it thinks it can start trading bitcoin.
361.
Post 18004188 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Own up: whose the fucking cock who keeps dumping when we try to go above $1200?
Remember, don't be that cock.
362.
Post 18008458 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Own up: whose the fucking cock who keeps dumping when we try to go above $1200?
Remember, don't be that cock.
Do you mean... don't...
SELL
ALL THE BITCOINS!
?
Incidentally, I dumbed my cookie @ $1199.69. Next dumb target - another ~0.1% @ $1233.69. Or buy my cookie back @ $1166.69. Whatevs. Kinda hoping for the former.
It does seem like you are determined to keep the price from reaching multiple ATH's.
The prisoners dilemma does predict that your selfish behaviour is bad for everyone - everyone loses. However, if you let the ATH's take place, everyone wins.
363.
Post 18016246 (copy this link) (by coins101) (scraped on 2020-04-04_Sat_15.04h):
Own up: whose the fucking cock who keeps dumping when we try to go above $1200?
Remember, don't be that cock.
Do you mean... don't...
SELL
ALL THE BITCOINS!
?
Incidentally, I dumbed my cookie @ $1199.69. Next dumb target - another ~0.1% @ $1233.69. Or buy my cookie back @ $1166.69. Whatevs. Kinda hoping for the former.
It does seem like you are determined to keep the price from reaching multiple ATH's.
The prisoners dilemma does predict that your selfish behaviour is bad for everyone - everyone loses. However, if you let the ATH's take place, everyone wins.
If a piddling ~0.1% of my total holdings could move the market at all, we'd
all be in a world of hurt. Well, except me, I guess. That'd be a lot of coin
But Bitcoin as a whole, yes. World of hurt.
Opps. Sorry about that. I thought you were Satoshi.
