Man, my next salary will probably be on my bank account on the 31st, no way to get money to an exchange before that, too bad.

At least with BTC we can expect that whatever is high today will be low in a couple of years, so there is no wrong time to enter in the long term.

Now depending on the amount of spare cash involved and current position in BTC holdings, of course, the strategy will vary.

But I would hate to be holding more cash than BTC right now, that'ts for sure.

My bet for ATH : 11 August 2017

Friday before a week-end, I have my chances.

I've put gas in one of my cars more than a year ago, as it's a project (1989 BMW 320i coupe) waiting for spare cash to burn, I've started it the other day (using cables) and it ran fine, so the gas must still be OK.

I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc.

If you have people holding lots of BCCs, and the same people holding lots of cash, then who will be buying the BCCs for the price to rise ?

I'm not a crazy survivalist type, if WW3 happens your chances are slim regardless of preparation, but ideally, when BTC will have made a rich man out of me, I definitely plan to own a house on some land, I would consider if it can provide access to freshwater, etc. And my underground insulated home theater could double as a shelter, I guess.

bitserve : I agree with you that the "happy farmer" scenario is not the most likely, my hope is to grow fruits and vegetables in my garden without WW3 happening. However if the shit hits the fan, I guess I would feel better shooting people coming at me if they're actually attacking my property.

Some of you doing dollar cost averaging ?

How do you choose your trades ?

Interesting that the price goes up while at the same time many people have withdrawn funds from exchanges. I couldn't withdraw everything from poloniex so I'm lending some coins, and the rates have made a x10 jump yesterday, I've locked some loans at more than 0,8%/day ! If people have shorted, even better for me, I guess. ATM rates have come down a bit but still much better than 2 days before.

That potential value doesn't exist if the fork is not followed. Like some here are repeating, cryptos are only worth what we want it to be worth. BCC might be worth something in the future, in part because it is done "the right way", BTC holders get BCC, no ifs and buts.

It's a hard fork but it's not screwing people.

The fork you're describing has as a goal to screw over millions of people. Why would those new coins be worth anything, who would put money in that shitcoin ?

I now have several BTC loaned on Poloniex at between 4 and 4.9999% daily rate.

5% being the max allowed.

Feeling a bit Jewish right now...

I have withdrawn half my coins from polo, but since verification tier 2 takes forever, I couldn't take everything before the fork.

I figured I will stop lending and sit on the BTC to get the BCC, but seeing the high rates I couldn't resist. I might be wrong and be a loser in the end, still with half my coins on cold storage I won't lose everything. If BCC somehow replaces BTC I will probably get out of crypto anyway.

Give use your BTC address.

I have been lending since May. 9000BTC is not that high, around 15000BTC was the norm before the last couple of weeks. The rates are crazy low right now though, probably because trading activity is down.

Still have 7BTC lent at 3-5%.
18rgT2VDEZzofFyQRLgFZ3TEJYbFBnZHzQ : address never used, there is no BTC and no BCC on it.

1JafzAyfA4EQ2AGo6QptS5ggzUbFARE3m6 : BTC on that address has been spent long ago, it was empty on 1st August, so it's empty now, no BTC and no BCC.

The argument is that one is the evolution of bitcoin, the other is a hostile hard fork.

Hello all, congrats for the ATH.

Nice surprise waking up to this.

I have some thousands euros on an exchange with buy orders around 2000€, I guess it's not gonna happen.

I'd like to buy some coins in the dips until the end of the year (after that, no more fiat spending from me), but I guess predicting what the dips are going do be is difficult, more difficult in fact that predicting the highs !

1/ 10K€ (don't care about USD)
2/ don't know yet, depends of how many BTC I hold at that moment. Ideally I wouldn't need to sell any significant amount as I would like to find a way to earn enough from my stash to live, so let's say I would have 50 coins with a 10% return a year, I would keep the 50 and live off the 5. No lambo for me with that plan, but quitting my job and living near a beach with warm water is all I really need.
3/ definitely keep some coins whatever happens, even if what I've sold means I'm set for life.

Holy cannoli ! Here we go !

No it's wrong. I don't think BTC was ever mined using GPUs.

LTC however yes, and ETC/ETH.

The ETH bubble until June cause a shortage of GPUs and helped both AMD and nvidia financially.

I knew about CPU mining of course, I missed the part about GPUs. I came to the game by GPU mining LTC in 2013, at that time BTC was only with dedicated hardware. My GPUs from the end of 2013 (AMD 290) are still worth something and can mine ETH with some profit, while BTC miners of the time are hopelessely outdated.

"Jews and banks" is thanks to Christians. Dealing with money being dirty, Christians shouldn't do it. Meanwhile Jews were banned from many jobs, but not this one.

IQ shouldn't raise by definition since 100 is always the average. Tests have to be adjusted regularly but that doesn't mean people are outsmarting them, rather what is taught, what is experienced, makes some tests easier. Fidgeting smartphones make people better at some things. Meanwhile grammar levels are skydiving but IQ doesn't measure that.

Waking up in my B&B in Italy. Seeing one BTC is worth 2995€ and 3000€ has been broken.

Happiness.

I'm buying a used Porsche 911 convertible for a cost of about 5BTC at 5000€.

Or I cash out that 5BTC that would be close to the amount I invested in total, and put it forward quitting my job and relocating to a nice and cheap place on a coast somewhere.

Difficult to decide.

I think Brexit was the wrong choice for many reasons, it's not about paradise vs hell though, it's just that many aspects of the EU, including letting people work anywhere and money flow everywhere, were in large part made because that was what the UK wanted, being the country that invented globalization. So now wanting out is illogical, and the UK will have to either make a deal that will not change things much, making a lot of people angry, or the UK will have to reinvent itself economically, which is easier said than done.

UK people like to moan about the common agriculture policy meaning money flows to my country (France), but who exactly was preventing the UK to have more agricultural production ? Answer is nobody. A small country half built on the sea called the Netherlands has managed to increase its agricultural production dramatically, for example.

Because the EU is about sharing benefits and burdens. Not only the benefits.

I have stated that I thought Brexit was the wrong choice for the British. However I didn't state that I was unhappy about it. I'm delighted that the British are leaving, now maybe the EU can go in the right direction, without a US trojan horse inside.

I really can't understand all this talk about claiming back your sovereignty when you have no problem with US soldiers and spies all over your country.

Rewriting history is a difficult thing. I don't think keeping control over France (or the other occupied countries) for the Germans would have worked out in the long run, but we can't ever know.

I'm grateful for the sacrifice made to free my country, there are not many people left to be grateful to, though, and most had no choice in the matter. Whether their chiefs really cared about liberating us is up for debate too, at least they had no problem bombing French cities to dust in the process.

The British of course had the immense benefit of being a group of islands, and that still helps them in the case of the refugee crisis. Which proves my point, only a handful of people make it illegally to the British Isles, all the other brown and Eastern people there you don't like, you allowed them to come, invited them even.

That still doesn't explain why there are US bases in the UK, nor why the British allow the NSA, CIA, and all the other three letters administrations to operate freely on their supposedly sovereign soil. I don't think even the Israelis that are basically a US client state are that open.

I want it RWD not 4S. It will not be the fastest car but fast enough, open top to really enjoy the trip and the sound of the 6 banger. Also several rich folks in my family but they're not giving me their Porsches so I will have to provide for myself ! I'm not a fan of the Cayenne they drive anyway.

Feeling like I'm going to be driving that Porsche this winter !

I'm talking about 5 BTC at 5000€ since it would be a used 911. It would be a substantial part of my stash (less than 20%) but more importantly it's about what I've spent getting that stash. After that, if BTC goes to 0, I will not have lost anything, only bought a car I maybe shouldn't have bought.

Currently I've got 3 cars, 2 donated, 1 a company car, I've never even bought one !

I understand your concern, but at the same time I can't watch BTC go up and up and not gain anything from it. I'm a lifelong fan of the 911, it's on my bucket list.

I would want several millions in the bank/real estate before considering buying a new Lambo. I like the old LP400 better anyway, but it's a rare classic car : even more expensive than a new one.

Again waking up with BTC 200€ higher. It will be hard when it'll stop !


I don't drive much, and I want to enjoy it despite the unreasonable costs. If the Tesla roadster was in my price range I would take one but it isn't.

BCH might come on top in the end for some reason, but that wouldn't be the real bitcoin anyway. It would just mean an altcoin has surpassed bitcoin. Many altcoins have tried.

Plenty of people buy and consume plenty of stuff that isn't really useful, no reason to target crypto in particular.

In the last few weeks :
Some Russian guy got arrested in Greece on behalf of the US.
Some Canadian guy got arrested and died in Thailand on behalf of the US.

Don't you know the US is the world police ?

Some of you are talking about BTC at 50K$ or even 500K$, and this relatively quickly.

It looks great on paper, but aren't you worried that instead of meaning we would all be rich, it would mean the dollar has utterly crashed, the world economy is in shambles, and/or WW3 is going on ?

So there was never a white supremacist/KKK member/other fruitcake that was proven to have black ancestry ?

Never an antisemite with a Jewish ancestor ?

Of course, you're judging by only looking at his face, it's very possible he has no such ancestry, genetics are funny that way.

PS : have you done your due diligence and are 100% certain you don't have any such ancestry yourself ?

I don't see anything preventing altcoins to do exactly the same.

3840€, nice.

Only a few months ago my plan was to spend all my coins when buying a house, along with all my stock.

Now I have sold half my stock to buy more coins and I don't want to sell them, I'll go for a cheaper house paid only with the remaining stock and a mortgage.

The question now being, how to make my coins grow ?

I guess I bought BCH to match my BTC at the right moment. Now I'm golden and it doesn't even look like a bad deal.

BTW, in what country can I actually buy something with gold or silver, I'm curious ?

In my country I certainly can't, the only possibility is with Euro silver or gold coins, they are legal tender, however the face value is only loosely related to the metal content.

Then there are special taxes for gold purchases making it extremely unattractive.

I guess the absolute free speech you enjoy in the US has the side effect that lies become truth for many of you.

It should make a copy as that would give you your BCash, without an impact on Electrum.

But in reality it looks like Electron Crash was made in a hurry without consideration for such things.

I only use the not recommended Electrum portable version so no problem for me.

Germany is a democracy. The way they elect their parliament is 200% better than in the US, in Germany there is a real plurality of parties, and as long as you're not extremely marginal (as neo nazis would be anyway) then you get a seat in the parliament.

Yet, these small limitations on free speech are still there, simply because they're broadly accepted, not because a tyran imposed them.

A bit like the 2nd amendment madness in the US ?

Real estate isn't really "stuff".

If I had thousands of BTC I would definitely sell some to buy a couple of apartments. Sure I will lose the opportunity of BTC going higher for those coins, but at the same time I would protect my future.

Jews didn't attack Hitler. Hitler invaded countries.

Usury was the job Christians gave Jews when they banned them from other jobs.

Where I'm at, it would be 250000€. With a much smaller balcony.

It's a good feeling to make x2 in a couple of days, however I still don't really believe in BCH. I'm fine if it's a relatively successful altcoin I happen to hold, though.

I have an old colleague like that, he's kind of my godfather in the company. I told him I won't sell unless I'm a millionaire, and would do it to retire early, he was horrified. I told him it could happen very soon, before he has the time to retire himself, he's astonished.

What I find the most strange is that he doesn't own anything to his name except an old car, despite his parents being extremely rich (but still alive at 80+). He could do some stuff for them and be rewarded greatly, they even offered him to manage their real estate empire, but he'd rather not for pride reasons. I can understand pride, but at that point it's ridiculous, all the other family members are profiting from the money anyway.

I considered it. But at the same time I've decided I'll soon stop to put any fiat into crypto anyway, so I guess I can ride the storm, I would just be disillusioned if BCH beats BTC, but disillusioned with a good sum of money is not that bad.

I've said I believe in BTC, one reason is indeed that it has some significant adoption.

I'm holding BCH as a precaution.

In the US you build cheap wooden houses that need continuous maintenance.

A concrete flat or house is much more durable.

She's married to a billionaire.

In France the taxman doesn't care about tokens. Only when converted into fiat do you need to declare the money, then it's taken as regular income. Meaning there is no way to deduct what you have spent to get the coins, so it's not practical. I'm considering opening a fake company to go around that problem.

Not how it works in France, we're a civilized country. She would maybe get good alimony, or maybe not, since she doesn't need it anyway.

Usually you'd use an investment vessel to do that, or a forex broker. They would directly communicate with the taxman.

Well the king and everyone else executed at least had a trial. In the US you execute by cop quite a lot of people without one, and that's now, not centuries ago.

As a bothhodler for me it's like if BTC was over 4000€ now.


"economic code" what is that ?

I guess BTC can always change the difficulty adjustment to counter, that way if miners migrate en masse BTC difficulty goes down quickly, miners come back, etc.

Still it's messy.

The fork happened 1st August. Having to wait a couple of weeks like poloniex I can understand, 5 months like coinbase is crazy. But if you must let your coins all that time on the site to get coins that were created on the 1st August, that's insane. Are you sure it's how it works ?

I'm never going to use Coinbase, ever, that's for sure.

I was wondering, maybe one of you knows, how come the prices on various exchanges are so close most of the time ? Are there whales arbing like crazy ?

I agree on a philosophical point, but many exchange users use them as wallets. And Coinbase in fact encourages this.

Yeah I'm Tier 3 with only a couple of hundreds euros available, and no intention to sell bitcoins of any flavor. On the other hand for some reason my application for Tier 2 at Poloniex is stuck for more than a month (ticket opened, did what they asked, still stuck) so every day for more than 40 days now I'm withdrawing funds, tiring !

Actually crypto price is all based on the belief of users. They have no intrinsic value.

BCH allows miners to diversify, maybe that will be a good thing in the long run.

I can't say I'm upset that my BCH are now worth real money, but I still consider it's not worth anything, that way if it dies I'm fine with it. I will still hold it though, as a protection if somehow it's BTC that dies instead.

What's happening is laying bare the shortcomings of BTC, though. Miners have too much power, and I'm still waiting for propositions to alleviate that.

He wants to dump BCH to pay off a mortgage, so presumably 100 BCH or more => fiat.

Kraken is under DDOS attack it seems, I can't connect to it (and I'm not alone).

It's true that their trading engine has problems, however for a simple limit order it shouldn't be too problematic.

Market order on the other hand, if there is something wacky happening, you never know what price you'll get.

Some are speculating that the DDOS attack is related to BCH, since Kraken has now opened BCH deposits : BCH proponents would like to prevent a BCH dump by attacking Kraken.

At least 60 000.

Kraken has EUR/BCH and USD/BCH markets.

Others too.

I'm very bad at trading but I couldn't help it, with "free" coins, I managed to increase my BTC stash by 1% and BCH stash by 0.5%, yay !

Is the 2X code good and well tested ?

edit : I've caught up with the thread, so the answer is no.

I had a buy order a few euros below the dip, so I didn't buy it. No regrets, at these prices I'm being greedy anyway, there is a good chance we could go much lower (before going higher) and then I would feel stupid having bought for several times the average cost of my other coins.

I've been withdrawing 2000$/day for 40 days now, so the limit is definitely real. The amount of BTC I can withdraw every day has gone down a lot, obviously.

I've no problem with KYC rules but they don't validate my profile for some reason.

Bob I'm counting on you to buy back some cheaper coins !

Ah ah no it's just that I've sold BCH when it jumped this night/morning and I'd like to buy back cheaper, but it's going up at the moment.

I'm in no hurry though.

I you're talking about Segwit 2X then no.

Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core, and Core is firmly against it.

Core has wanted Segwit for years as I said, and promoted it. When it will activate, clearly that will not be a fork. If another piece of software rejects Segwit blocks, that would be a fork. Later if a Segwit2X piece of software is deployed then that's another fork.

I had stopped trading (for unrelated reasons) and now that I'm placing a few orders, it's so horribly slow, it's beyond belief. Sometimes the thing will turn and turn and error out after 2 minutes ! The only explanation I can see is that there are a lot of bots placing countless orders and straining the whole thing.

I would rather say Bitcoin is dead and we live in a world of altcoins.

Using blockchain.info with paper wallets, what a strange idea !

BTC is not exactly cheap and quick to send at the moment either. For a transaction with some inputs (976 bytes) Electrum suggested a whopping 0,0047BTC fee !

When looking up those cards there is often something like that, what does it mean : "For a new card lifetime turnover is limited to 1000 EUR"

What I don't understand is the lifetime part. After 1000€ the card is dead ?

The idea of these cards being their anonymity, the more info you must give, the less interesting they are.

In fact there are more restrictions for French users.

With a low fee it will take forever to confirm or never confirm. The funds will be in limbo. You must shut down your wallet software and wait, after a week it should clear from the mempool. Electrum allows replaceable fees so that's another possibility, increase the fee. I've done it today, in fact.

Acceleration is done using viabtc transaction accelerator for example. The fee must still be at least 50 satoshis per byte.

My 976 bytes transaction turned out to be 1100 bytes or therabout when broadcast. Electrum gives false information, not cool. So it was under 50 satoshis/byte. I accelerated it but could not have the message that it had worked (I didn't have a message that it didn't work either). Two hours later I increased the fee a little, then accelerated it again, this time it worked, 1st confirmation about 1 hour later.

You must do the acceleration at the top of an hour to get a spot.

Since miners mostly dump coins as soon as they're mined, do they really hold that much power ?

Even if a card is linked to info about you, it doesn't mean the taxman will know.

Segwit is NOT activated.

It is locked in, meaning it will activate. In three months.

A bit like when the US president is elected. He must still wait months before actually entering the White House.

You're right, I guess the bigblockers got to my head ! It's Segwit2X that we're "waiting for".

I find the number of millionaires quite low to be honest, considering it includes real estate. Plenty of places where real estate is uber expensive.

I was strolling on a small exchange and some BCH trades popped up at interesting prices (0.17 instead of 0.153 on Kraken), I thought, time to do some arbitraging, then it sunk in me : I can't send BCH there, that coin is broken !

Well you can always buy with the discount and immediately buy more BTC to the tune of what you spent (or without the 10%, then you've gained some BTC in the process).

Of course Icygreen on his side is getting paid under the table so there is also a gain.

Major crisis I don't know but sending bitcoins is again a major pain. Or rather, majorly expensive. When every service will have segwit wallets it will be better but we're not there yet.

I've just seen this : https://www.youtube.com/watch?v=9pX7IQ6UOVM

That's it, I'm never setting foot in your mad country !

The US has far more people in jail than most countries. Too many people benefit from the situation.

I've read somewhere, probably in this thread, that the Chinese have spent more than 100 millions $ to get there.

I bought some at 0.07 and look at it now !

I only bought what I couldn't get during the fork due to lending on poloniex (which made me much more dough than the value of the BCH I didn't get).

Now I'm playing with the BCH, shorting everything every day and buying back the dips.

I don't. I don't care about BCH so if it's goes to 0 I don't mind. That's the beauty of it.

I'm starting to hold some in case it moons though.

Funny. I was a practicing Catholic who didn't believe in god until I realized that position was logically untenable. I ditched the religion though, I didn't start believing in fairy tales !

Visiting North America helped a lot in that process, when I got in contact with religious nut-jobs obsessed with chastity, abortion etc., I couldn't continue with that nonsense anymore.

I believe it's through women not men (perfectly logical BTW, as there is no way to get it wrong, unlike with men who couldn't in the past ever be certain they were actually the father of their children).

Since a couple of months ago I have a Jewish niece by that definition. Her mother isn't practicing though, and my brother didn't convert nor cut off part of his dick or anything like that !

About running a full node, I'm syncing one right now, but I'm wondering if it's that wise. Wouldn't that paint a target on my place and thus my person ?

What about using a VPS for this ?

I would like to broadcast transactions created on an offline computer containing my wallet.

I've got a static IP address and the geo info is pretty accurate (not my house or my street, fortunately !).


Basically my worry is that I'm inviting attacks (or maybe even government interest) by running a node from my home. My wallets would be safe but maybe not other things (ransomware attack anyone?).

Yes about network tunneling that would be the idea.

I have a VPN service but I worry that if the VPN drops the node would stay online without caring.

I will look into doing that. My router is the box provided by the ISP, that sounds bad but it's a very innovative ISP (father of the school "42" ), the thing is extremely powerful and has tons of options, I've seen one about VPNs.

1300 dollars. Don't forget that last part. The dollar is very weak at the moment.

I'm listening to a business radio, although I have less and less money in stocks (only a fat load of my company's stock that I can't dump), and yesterday they were talking about Bitcoin. Probably not for the first time, but still, surprising. They said that many people and funds have spent the summer getting money out of the stock market specifically to invest in BTC, and that the money should start flowing in September.

3990€

A small effort for 4000€ please !

I also expected BCH to go down and in fact sold everything lower that it is now, but well, I'm done playing with margin so I can just wait.

Meanwhile I woke up with BTC at 4000€ passed and now it continues to rise.

I don't own a home so for me it's either buy it or rent it. Crypto is a bigger and bigger part of my savings, so I'd rather not put any more money into it, it wouldn't be reasonable. Selling my stocks for a good down payment would mean my mortgage payments would end up lower than renting, so it makes sense. Rates are very low right now and fixed, so it's as close to free money as it can get, outside crypto (got an ONION airdrop today...). Also real estate where I am has only gone up in the last 20 years.

Also congrats from me rjclarke2000.

My brother has a newborn too and he hasn't slept since her birth pretty much !

I've offered 0.1 BTC to the baby, it has already doubled in value...

Well if that's his income yes it's good. But it's his life savings. Of course in the USA life savings are often negative thanks to your love of credit cards and investing in houses made out of cardboard.

The median net worth of all Americans is $68,828. The median net worth excluding equity is $16,942 – which means equity is 75.39% of total net worth.

So holding 9BTC not in a flat/house puts him high, if he owns some part of a house/flat. If he doesn't own anything else, not that good.

I'm under 35, living in an expensive country with lower salaries than in the US, but according to these statistics I found my holdings excluding crypto would put me well ahead in the US, including crypto I would be set for retirement apparently.

Which doesn't make any sense, something must be wrong in the article : http://www.businessinsider.com/heres-the-average-net-worth-of-americans-at-every-age-2017-6?IR=T

Pensions must not be taken into account. In my country they wouldn't be because the system is socialized, so I can still compare.

Only a few weeks ago we were talking about what we would be doing if BTC reached a certain point. For some it was 5000$, for me it was 5000€.

I said that I wanted to buy a used Porsche 911 convertible.

Since then, I've adopted a real bitcoiner stance I guess. Now I'm thinking that if I buy that car, one year later I might realize that the BTC I spent on it could now buy me a house.

So the Porsche will wait.

It doesn't mean selling some of my stash is out of the question, just that for the moment it has to be for a very good reason.

I believe that I can live forever actually. Might be proven wrong in the end.

Yes my favorite is an old Targa, however these are too expensive right now. I'm looking at the 996, cheaper and maybe also more useable as a daily driver. I've even seen one with the front replaced by a kit making it look like a 997.

At work someone has acquired a 996 Targa and this made me realize that the 996 and 997 Targa are not Targa at all, just coupes with a big sunroof.

There are other things I want to do that will cost me less than that, with more incremental spending, getting a pilot's license for one, so I'll start with that first.

I used to have one. Or maybe the model over it, can't remember its name. The SLI ?

Can't remember if I sold it or if it's in my collection that is too big for the room. But I ain't selling anyway !

There is a joke around here about buying a boat. I think I'm the butt of that joke. My father is a sailing fanatic that had to sell his sailboat a couple of years ago. Made him very sad. He had saved some money to buy a new (used) one, but not enough to buy it before the summer. I loaned him about 2BTC in early June with fiat I had planned to use to buy the dips. I knew I was going to probably lose on this, it's a free loan anyway, but I didn't think it would be quite that much. The 2BTC could now almost buy the whole boat !

At least my father is happy, there is that.

Ah ah one of my favorite yachts, I wish I could afford it !

Do you have room for me ?

Tahiti is one possible destination for me too, being French no immigration hassle, I would keep my social security etc.

I was reading about the tulip mania and I thought this was a fundamental difference. Tulips were worth something before the mania, their prices increased like crazy, with no relation to the worth a of tulip. And of course tulip production has no limit.

BTC is either worth something or nothing to you, but this doesn't really change with time. Its fundamental properties are not changed.

Another very important point is the limited number of coins, and the fact that some people hold many coins, that cost them nothing/not much. These people won't sell in a panic. Other people have millions in fiat ready to buy cheap coins, making a crash to 0 almost impossible.

The only real threat to BTC IHMO is a fatal bug.

Do you own a silver mine or are those centralized ?

I'm not following this that closely, are the volumes traded high, or is it only some people panicking and some others buying cheap coins ?

So higher than average but not that big, right ?

I'm hodling whatever the price anyway, but it's good to know.

Aren't many more people invested in BTC now that last time it crashed ?

Or do you think most of these newer investors (since this year, let's say) are cutting losses right now and will exit BTC ?

I guess brave people, not Chinese (or with another citizenship on top), with accounts on Chinese exchanges, can make a killing right now. Unfortunately instead of just buying cheap coins for later, they're probably arbitraging, causing this worldwide crash.

Closing exchanges doesn't affect just BTC. It means cryptos are not welcome in China.

Back above 3000€, that's nice to see.

Too bad I had no more fiat to buy that massive dip.

I've received a transaction that was included in a block in 31 minutes, with a fee of 0.675 sat/Byte ! Is that plausible on its own or did the sender surely have access to a mining pool to do this. The last transaction I made I needed 120 sat/Byte to get it confirmed in a couple of hours (before the dump).

I always pay at least 10 sat/Byte as that's the minimum to be able to accelerate the transaction with ViaBTC transaction accelerator. For most transactions that turns out as a few cents.

I had weathered a big drop before, and kept my BTC, but lost interest in it for a couple of years (no mining, no posting here, etc.). Long time hodler so, but mostly invested in the stock market. When we passed 2000€ a few months ago I decided that the stock market wasn't good enough, sold all I could and more than doubled my BTC stash.

I wasn't entirely sure of my hodler resolve after that bold move, since BTC went from ATH to ATH, there was no test of it.

When it went down the other day, I can't say I was happy (for one I had no fiat to buy the dip), but dumping never even came up in my mind.

So now I'm more certain than ever, hodl !

My coworkers want me to sell too. I have told them that my goal is to leave them fending for themselves while spending my days drinking mojitos on a beach, but they don't understand, they don't believe it's possible.

I don't think most people here are shorting, at least not big amounts compared to their stash.

I wonder how many people in general sold the dump and are now feeling very bad about themselves.

Putting aside the racist parts of your rants, I don't see anything the alt-right is obsessed with that would expel usury parasites off the back of humanity. For starters they champion a billionaire president !

If you don't ask for public assistance but instead pay into the system, having a job is not a requirement.

Most people would move to a country where there are job offers anyway.

I don't see how it could go to 180$. Too many people are hodlers and ready to buy at a higher price.

Damn, I'm long on that shit.

On the other hand eurodol is up, BTCEUR is up, my company's stock is at a "very long time high" and I have a ton of that, so overall not a bad day.

In my country parents must take care of their children until they're 25yo, by law. And children must take care of their parents forever.

If I look at my grandparents on both sides, it worked out as intended, both couples lived in houses bought by their children and were taken care of till their death.

I don't have children yet but I believe they don't cost that much. If you spend a lot of money raising kids you're really spending a lot of money on yourself, which is fine of course, just don't accuse the kids.

Most of these professionals are very rich from their strategy so they don't really care.

People with no money that live in the "real economy" getting screwed by the financial industry, they should be upset.

Hello.

So what happened today ? I was busy at work, fortunately I took a 5min break and had the idea to look at current poloniex lending rates (which have been low since the fork). To my surprise they were good, so I decided to send some more coins there.

Concurrently the mempool was almost empty, so the coins got there fast and I caught some nice rates.

Only 1000 BTC in lending at some point, when the usual was more than 10000.

Any explanation ?

Wasn't something supposed to happen on October 1st. I've got no time to follow this, last time I was vacationing...

Ah ah that's my birthday, gold !

The hashrate is important but not everything. For example BCH can have a lot of hashrate at some points but it never had such a high price. In fact when the hashrate goes up, the price goes down (most miners are dumping).

It is arguable that dumping miners are doing the opposite of supporting a coin.

More than 4300€, yeah baby yeah !

4400€ one hour ago, almost 4500€ now, what's going on ?

Me <= jumping all over the place.

I went to sleep at 4350€ after a small correction, 4400€ exactly had been touched.

I just woke up, 4750€ !

I'm checking before hitting the Post button : 4801€ !!!!!!!

I've never seen this, it's insane.

Yesterday I was listening to a business radio and nobody made the connexion, but I was chuckling in my car, because they were discussing the rise of BTC, while in other news JPMorgan was down...

How much new money is needed for every 100$ up in price ?

I'm not saying 10K is impossible but so fast, I don't see how.

Also about psychological numbers, I would advise you to look at euro charts (and maybe other currencies too) if you're trading, yesterday there were clearly walls at numbers like 4400€, 4800€, etc.

If you have a US social security number you're screwed. I keep telling my sister to never ever marry her boyfriend, he has dual US-French citizenship, a financial libility of epic proportions.

Pfiou I was tired so went to bed early, at 4994€, during my sleep 5000€ was passed and left behind, then a correction, still above 5000€.

During the summer I said that if 5000€ was hit before end of year I would buy a Porsche, glad I changed my mind since then. Not that I won't buy the Porsche eventually, but right now it would feel like overpaying it, when BTC is that hot and can easily double again in the next months.

I drive a leased car everyday, but it's my company paying for it.

The Porsche would be well used, no leasing for that. The leasing cost of a new one would be enough for me to live without working, so not gonna happen...yet. When BTC is at 100K€, all bets are off !

That happens often. Someone is even convinced some order is really going through. I have now set up a sell order at 50000€ just in case.

It looks to me like the idea of "seasteads" is to get together among rich people and not pay taxes to a state, but instead pay for everything (defense, law enforcement, etc.). So you'd end up with two classes of people, the rich, and the people who work for the rich.

The blockchain is not miraculous, it's a technology, it won't solve humankind's problems. And yes, greed is one of our problems. I don't pretend to be immune to it. I used to support communist ideals, but nowadays, I've become cynical, I don't see any way for such ideals to come about aside from being governed by some kind of benevolent AI.

Since I'm French and know what liberalism means, I'd say I've become liberal, not the other way around. I can't understand how you misuse the word in the US, Democrats want to regulate everything, there is nothing liberal about that.

But btcbeliever has a point. One way for Bitcoin to really go up is for it to become more of a real currency.

If I had 900 000 euros I wouldn't say I was an euro millionaire because that's worth more than 1 million USD !

Robot to the man : How do you know you're a human ?

Ah ah...

That's exactly my plan, in the next few months. Except I won't be selling BTC (or only a small number) as I've already got the downpayment in my company's stock.

I must hurry before the crash, though.

drbrockcoin : was there information given by bitfinex about this before the fork ?

Same problem. Well today is a holy day so no problem, but since this summer, and it has worsened recently, I care less and less about my job.

During the summer I had decided that I needed my BTC stash to be worth a certain amount of euros, then, considering how I'm able to grow that stash, I could quit my job and live off the earned BTC. I thought this could happen in the middle of next year at the earliest, but today it has happened.

It would not be reasonable to quit my job right away, but I can't see myself continuing for years, that's for sure.

Ah ah, I'm a bit on the same boat, but getting fired in my country is quite difficult. I'm more likely to get improvements in my work conditions and salary than being fired.

On the flip side I'd like to buy a house, because that's what I've always wanted, and I have enough of fiat/fiat based assets to put down a 50% downpayment, however in this country there is no way I'm getting a mortgage without a stable job.

Then, I'm thinking, do I even want to stay here ?

Life became quite a bit more complicated since this summer...

I guess I'm adventurous in some ways and not adventurous in others. I like to jump out of perfectly functioning airplanes at 12000 feet. But I never thought about creating a business, because it seemed to be too much work.

Now, my job is very dull and I guess working a lot but for something you really like would not be that bad in comparison.

I used to be unemployed for a long time, even when I started into cryptocurrencies, and when I finally was offered a job that I was going to be good at, my goals were simple : save the maximum of money possible, make it grow by investing wisely, and buying a house after a few years thanks to that money, all the while getting very good at my job to grow into my company. The first part worked better than planned, I'm very good at my job too, but to grow into my company, you must suck dick or something, or just wait for years. After 6 months I was better at it than colleagues with a lifetime of experience, but I still earn much less. I'm also the only one who can speak English, in fact amongst about 50 colleagues doing a similar job none of them speak English, when more and more we need to call tech support and generally communicate in English, all documentation is in English, all help you can find on the web is in English, etc.

So now I'm considering quitting, not to do something else but as a bargaining chip to get a new contract, better paid, and with better incentives (a car I could use outside work). If BTC stays above 3000€ for the next 6 months I'll do it, and too bad if they let me go.

Yes and no. I know it can happen, have lived through it already, but I don't really believe it can happen.

If I were to quit my job, I could always find another one if worse came to worse, especially in the current environment. I would probably go for temp work. I would also keep enough fiat in hand to weather a year of low prices, maybe more to actually buy such a dip.

Too much fork action, I've missed that. When is the fork happening ? I must get my coins out of exchanges I guess.

I'm in my 30s.

I don't plan to retire as in "sit on a beach doing nothing" but rather "spend no time at a regular job and enough time on crypto to earn enough to live off". Preferably from a beach house.

I've earned several BTC trading some of my stash this year, those earned BTC are already worth more than what I earn at my regular job.

I decided a couple days ago to trade a bit (fiat/BTC, from dumping my BCH) considering the high volatility. I had set up sell orders at 6550€, 6600€, 6650€, they were blown through in a matter of minutes.

And of course now I can't connect to Kraken to set up buy orders...

This is all exciting and all but I would feel better if I hadn't dumped all my BCH last week.

Meanwhile my favorite German forum to get Blu-Ray and UHD content from usenet has deleted everything out of fear.

Really a shitty week-end.

Half my BTC are on adresses I control so I get fork coins from that. The other half is invested variously, so I spend a little to buy enough fork coins to have as many as my BTC. Some will say I'm wasting money, but I believe the possibility of BTC getting stuck is real. Miners are in it for the money, not anything else, so if they migrate en masse to BCH and the latter is pumped enough at the same time, I don't want to fear being poor.

So far the BCH and BTG I bought are way up from the price I paid, so no loss yet.

I agree that money flows from one to the other, that's precisely why I want to hold both. It doesn't hurt to trade some from one to the other trying to grow both stashes.

But I don't see you mentioning BTC's problems, which are real. I'm now almost completely avoiding moving BTC because transactions either take forever, cost a fortune, or both.

I believe anonymity is a nice feature I'd like to have. I'm not ready to invest in an alt to get it, though.

I happen to own an "anonymous" coin I won't name, there is an airdrop going if you know what I mean. I has one feature helping anonymity, but still a public ledger, so that just doesn't work. It should get something else soon, we'll see.

Hashrate is close to 50/50 BCH/BTC right now. So it's only a pump, not a pump + miners abandoning BTC.

1/ but that would be less than I have now, so not exactly a happy feeling.

I'd like to own acres of land but with trees, a lake, a clearing with my house in the middle, not flowery crap !

I find Emily Ratasomething very attractive but I'm against marriage. I might choose 3 if she's forced to be my wife no matter what, then I'd be able to cheat on her when she becomes annoying or prefer our children to me. But even then it would be a difficult choice.

Also there's a flaw in your proposal, if I can take 2 or 3 and buy myself 3 bitcoins...

He has a point but some bad examples. Most people will say that Google and Facebook do actually offer them something and so the electricity is not wasted.

Idling cars : something has been done about it called a stop-start system.

Got my pay yesterday, sent most of it to an exchange immediately, still missed the dip.

Oh well...

At the beginning of my crypto journey, I build a GPU rig, as it was something I was comfortable with (used to be a mad overclocker), and mined LTC.

I never mined BTC.

Now I'd like to. Not something large scale, and I know it might not be the best investment, I'd just like to have mined some BTC.

Do one of you know how to get an antminer S9 for a fair price ? Including from Bitmain, is there some kind of waiting list ?

Lots of scams around.

I'm looking at building a house and a wood stove is in the cards. I like the idea. If it ends up being too much work I can always put a wood pellets stove in its place, computer controlled and all. The house would be insulated enough to not need a big stove, but not passive, I don't like the idea of passive houses.


Woke up early (in bed early last night), it was still 9990€. Then didn't check for a couple hours, until way past 10K€.

When I'm a BTC millionaire and can afford a nice flat downtown a big city I'll certainly buy one, then alternate between it and a large estate in the middle of nowhere, with my own landing strip to go with my airplane.

But living in a miniscule flat, hearing all the noise made by the street and other inhabitants, for a ridiculous amount of money and taxes compared to my limited wealth, no way.

Doubling every couple months is fine to me ah ah.

Damn now my decisions don't even last a couple of days. I wanted to get some money out at 13500€, equal to every last cent I've spent in crypto so far, but it's going up so fast, I'm thinking I can either sell less BTC, or sell the amount I decided, but for more fiat, if I just wait a bit more after that price is reached.

I don't understand your question. Initially it seems you're talking about selling BTC, then by the end I get the impression you want to move USD around, using BTC. If the latter, I wouldn't use BTC right now !

If you're talking about selling, well, you sell at the price you're comfortable with, nobody can predict the price 10 minutes from now !

With such a transaction I would be more worried about KYC, anti-laundering regulations, what the bank will say when the large amount of money will arrive, what taxes might have to be paid, etc.

Usually this means there is a problem on one of the exchanges, either with withdrawing or depositing, either fiat or BTC.

I use Kraken and it might be slow and frustrating but you can deposit and withdraw, trade too with enough patience. Can't say for gdax, haven't used it yet.

The other futures are cash settled so are you sure they need to hold coins ?

Good morning. I pondered on setting up a buy order at 10000€ before going to bed, but I was too tired and Kraken would have been horribly slow. 8900€ was touched while I was sleeping...

On the other hand it might go even lower and I would have maybe regretted the buy, as I had no long term plan to put any fiat back in.

You like attacking BCH here, but like in other places (reddit) it seems BTC is not to be criticized. Why is that ?

To sell a few coins at the top, when the mempool was starting to heat up but before it became completely bonkers, I had to spend several hundreds $ for my transactions to go through, isn't that a monumental failure of BTC ?

You should be making the paper wallets on an offline computer. Nothing prevents you from testing the private keys on a wallet like electrum, on that offline computer.

Not sure if your question is serious, because the fee has nothing to do with the amount you're sending.

It all depends on the number of inputs and outputs, and of course the current mempool situation, and speed you expect.

I can understand not delving into the maths side of things, but what BTC brings to the table is the ability to send money without banks. If you don't understand how to actually send coins, you shouldn't put money in this.

At Christmas dinner I was talking with a cousin who has put money into BTC recently and was worried. I didn't advise him that move, as I don't want the trouble. He was worried because of the correction, so I asked him : where are your coins, in your wallet ? He didn't know what a wallet was, everything is on an exchange... I educated him about the dangers of this, at least.

I don't understand why there is so much negativity about BCH here. I'm not a BCH fanatic nor a BTC hater, I hold both in similar numbers.

The fact is BTC couldn't get to an agreement on something, so a fork happened. The forkers predicted that BTC would get stuck, and that's exactly what happened. At the moment BTC is almost unusable. I ordered myself BTC miners and had to pay in BCH.

I don't really care for LN, but even if I did, I can't use it right now. I can use any of thousands of coins, some shitty some not, to send money for cheap, the only one I can't do that with is BTC, isn't that bothering you at all ?

The only reason this situation hasn't caused a much bigger drop in price is that BTC being stuck, people couldn't get it to exchanges. And of course the fact that many people are now invested in BTC without understanding the first thing about it, without owning a wallet and without having even sent any coin anywhere.

I don't want to, I want to keep both.

I'm not a user of reddit, however I've been there and seen for myself the massive deletion of messages that goes on in the bitcoin subreddit, quite disgraceful really. And worrying if you believe in BTC, should be able to take criticism.

What I want to talk about are BTC problems, highlighted by the BCH split. I don't want to talk about BCH especially, however here it's called all kind of names, as if BTC was perfect, when in fact BTC is broken.

Same for reddit, removing messages about BCH or other alts, why not, but removing messages from people, sometimes even noobs that don't know much, simply worried about their transaction being stuck, the mempool being full, etc., what message does that send ? It's like only fapping on a future upgrade is allowed.

I guess insults trump constructive criticism...

I don't disagree. I said I'm not a fan of BCH. I'm pointing out it actually works. With my miners, I'll do like most people, mine whatever is more profitable.

hello

I have sold half my coins on the way up, not wanting to go back to so "little" value as before. Now of course it seems stupid to have done that, but catching the top is not my forte. When this bull run started I figured, when my stash is worth a certain amount (one with enough 0s), I'm selling everything but 1 coin.

Now I don't know. On the one end, if such bust and bull runs can still happen, then the logic is to sell at one point yes, but with the goal to buy back later when it will have crashed. I expect I could double my stash at least from doing that.

Then again, maybe it's the last bull run, and once it's down, if I convert from cash to coins again, I will have double the coins, but which will never rise again.

I know some of you have enough coins to play all scenarios, but not me.

When I say the plan was to sell once enough 0s reached, the idea was to get that money out and invest it in something else, probably a mix of real estate and stocks, or just real estate.

Now it seems playing with coins at least a couple years more might be well worth it.

But it's such a wild ride !

I bought back coins this morning (at a higher price than I had sold...) and now the magic number I was thinking about might happen today as things are going.

And I have revised this number once, by computing how much income tax I would have to pay to be good with the taxman, that's about 35% tax, so I added that to the number.

FOMO I can understand, but it's also too many people with lots of money they don't know where else to invest in. I don't know such people, I'm almost the only person I know that owns stocks for example.

I'm not too worried about the risk in my country, the worst that can happen is to lose the money, and I can live without it. I'm not interested in living in fear.

It's easy to treat lightly my comment about the last bullrun, but when the price hits a low, then a new low, and that lasts for months, it's very depressing. Last time I had only kept enough cash to pay back all my investments, so that I'm now neutral, but for the next time, I definitely want to have cash in hand.

Thanks. I became hero just before the change. I post much less now, so no chance to get merit.

I have basically the same idea as LFC_Bitcoin, except I'm guessing he has more coins than me.

I tried to sell during the big dip, bad idea, I couldn't really make it, only partly exec. I bought back at a lower price, but didn't do the maths before, and ended up losing 250€ with the fees.

Then I figured, I'm bad at this, why not continue ? Bet the house on big as margin trades, as soon as the sell orders execed, the price jumped and I went 5000€ in the red. At some point I was probably 10000€ in the red, but I stopped watching.

Fortunately I'm bold already !

Finally I managed to recover, ended up with as many coins I started with, and 1200€ on top.

I won't do it again.

Kraken made more money in fees than I made, of course. But I don't blame them, I should have invested in the company !

I must move to the US, 60k is much more than my salary, and I would gladly pee in a cup for that kind of money ! I don't do drugs except alcohol, and mostly drink socially.

As for the justification, depends on the job. For example I just received an email announcing my company will do random drug/alcohol tests at the corporate HQ where I work, to appease workers on construction sites that must pass these screenings. Of course they work dangerous jobs, not desk surfing, but I can understand the idea. Also, we will be notified in the morning that we're getting tested, so since I only drink with my colleagues at lunch, we won't get caught ! I think that's by design, they only want to catch alcoholics.

Also, they won't be fired for this, but helped. That's what they say, anyway.

I've read the posts about SF. I've never been to the US, and will come in a few months, for a wedding...in San Francisco. I'm all excited now !

So let's say I live in Zimbabwe (the horror !) and I have loads of USD for some reason. The government bans its use, but regular people still love USD. It's also utterly easy to bribe myself out of any situation with USD.

Why in the hell would I buy BTC ?

The only reason I can see is as a move before fleeing the country ? Even then I'd try my luck on a small cessna, filled with my dollar bills, rather than paying that crazy premium for BTC.

Talking about an arbitrarily "low" price for bitcoin is not understanding the basics of bitcoin : it's deflationary. It just stayed relatively low for a long time and what happened ? Interest in bitcoin went down dramatically.

You can all thank me, every time I sell some coins, the price jumps.

Future jobs will need more and more skills (or less and less, but you don't want your children to do those jobs), so helping your children get a good education is the way to go. Preferably without doing like many rich people do, sending them away in expensive private schools to not have to deal with them.

Let's say that I had too little fiat, rather than too many coins. Now I will sleep better.

Having the skills you're talking about is good too (I was a scout, old school style) however in the future, that might no be enough.

So, my bad deal of the other night, selling just before a green candle, has now turned out OK, as I bought back cheaper, and got 3 months rent of profit out of it !

Wow, I'm used to these gaming mouses looking all bulky and "fancy" with edges and tons of buttons, and this one looks all basic, while being even more expensive !

Apparently it's not big and quite light, I might consider it.

If you're 99% certain that the price will go significantly down from now, in the next few months, why not sell some of your stash, and keep that fiat to buy more later ? The risk is minimal when the price is high like right now.

I know many here talk about buying BTC regularly, but personally I don't earn enough fiat to invest significantly in BTC. I must already invest more than 20% of my salary in my "401K" (because my employer doubles it, and it's a sound investment), so after that, not much is left.

A bit like incels, or even most men in general, then ?

The match is up to a fixed amount, and my salary is not that high (around the median in my country).

A red one !

Personally during the rise in 2017 up to the ATH, I started to feel rich. And it was more than 20x the price I had paid/invested (mining). I sold just enough to recoup my investments, and thought after that I could live through dumps without worry.

I was wrong. The crash, then the winter, depressed me.

So now, I'm selling some, I want to have something else than BTC when it crashes again. A car, probably.

I'd like to have a safe filled with precious metal ingots. Gold would be best of course, but I'd like silver too. Not as money, just for pleasure.

I already have several hundreds of a coin, nothing precious, it's a 50 centimes (half a French Franc) coin, but it's just the right size and weight, when I was a kid I wanted to have a pool full of it to swim in like Scrooge McDuck.

Hello all.

Anyone has a link to buy a nice BTC ticker ? Like that project that failed, something simple.

What the hell happened ? I was trying to earn a bit and suddenly my sell order is in the middle of a green dildo and I have to pray for a dip.

What do you win ? Serious question. I've nothing against hodlers, but if you're a pure hodler, then the price shouldn't matter to you, should it ? 1000$ more, 1000$ less, what difference does it make ?

Nice green dildo there !

Yeah I was playing with it and of course it went up just after I sold some, now doesn't want to go back down.

It needs to drop a bit more for me, 9700$ would be good. 10000$ would be OK.

I'm fine with that too, but I don't see it in the very near future.

Also, Trump talked, BTC went up last week, Trump went back on his words, BTC went down.

Funny chart.

Well if it goes lower I have spare cash to buy more !

Posting seriously is hard enough, I don't understand how someone can troll that much, unless paid for it, and even then, I wouldn't want that job !

Congrats micgoossens !

Getting merits is the really hard part.

alevlaslo : actually it doesn't make any sense. Buying some ETH or similar, yes, but BSV or BTG ? No !

Man, what a roller coaster ! I finally bought back with a profit, going from 70% cash to 80% BTC, after 2 weeks sweating, so I won't make such big trades again.

Yes. It's the only way to grow my stash, but I didn't do it right, I should have done smaller trades.

It also depends on your income. I'm not 20 but still at the start of my career, without a good diploma, so not a great salary. Most of my savings go towards my company's stock, as it's making a matching contribution, it's a safe bet I can't overlook. I was in the stock market but sold everything as it became scary, two years later it has basically not moved (French stock market), so I just lost some dividends, but got peace of mind. Overall I'm 30% company stock, 30% cash, 40% BTC, with BTC's share quite volatile obviously. At current prices I couldn't even buy 1BTC/year so not really worth it, better keep cash and buy when it's lower. I want to put the company stock and some/most of the cash towards a home with a small mortgage on top, after that I might put more money towards BTC, but not even sure, I'd like some land, maybe a bit of forest.


In that case you also need physical gold, stashed at home. An ETF or whatever is useless. Stashing at home has its own downsides.

It's a very large company (part of the CAC40 index), it trades a lot with governments etc., it can't really go under. I would sell some if I could, but I have to wait 5 years, quit the job, or buy a home to be able to sell it.

Actually that's not the retirement plan, that one is diversified (and you can fiddle a bit with it, towards more or less risk), however you can't get the money until you retire in your 60s, or go bankrupt ! That's insane, and the government has now realized this and is changing the rules, making it more attractive.

The matching contributions from the employer go to one plan or the other (or half and half or whatever) but since that retirement plan is really useless to me as it is, then I put everything into the other. There are also regularly stock emissions with a leveraged thing offered to employees, your investment is guaranteed, you buy below the current price, and you get 10 times the growth over 5 or 10 years, it's quite good, but you can only invest a few hundred € in it, as basically all employees worldwide buy into it.

The roller coaster continues, I made a bit more money, it's really hard not to trade this !

Are you on vacation ?

For the first time I caught a top, and for the first time I caught a bottom, I guess smaller orders are easier to fill (1BTC and 0.5BTC) :

But the effects would not be the same either. The US stock market is crazy high, so a recession has to krach it. I'm in Europe, and the stock market has been flat for years, and growth low. So going from 1/1.5% growth to -0.5/-1%, while a recession, will not be a big shock. Personally I will have no fears for my job for example, and continue to get raises even. My country isn't even forecasting a recession yet.

With that, I disagree. First of all the US is already propping up its economy with completely crazy deficits, which is not the case elsewhere.

But more importantly, plenty of its growth comes from multinational companies, in the tech sector notably, that will get hurt with a global recession, and local infrastructure spending will not help.

Well infrastructure is wealth, if of course it's targeted, not airports in the middle of deserts like sometimes happens (in Spain famously). The US should also spend a lot on education to raise the level of its citizens.

I'm very doubtful any of that will happen though, as indeed people in charge (companies propping up US politicians) don't care about the long term.

To be honest what matters in an Armageddon scenario in my opinion is being fit and knowing to do basic survival stuff. Owning gold but being a fat useless guy, you're just going to get robbed/killed !

Wow what's going on ?

Yeah but why ?

Kraken stopped trading for a time earlier, I wonder if there is a link.

FOMO makes you buy at tops not during dips.

Do you still have coins/have bought back ?

Yesterday and today, BTC drops about ~10%. Meanwhile my company's stock, which was stuck in a narrow range for the whole year, jumps 10%, almost making up the difference !

I think it's even positive if considering the tax situation, as the company stock is completely tax free.

I would probably sell about 1BTC worth and buy a coin, if that wasn't unreasonable and not my current plan. That will wait until I got a house.

Toxic2040 : ah yes I remember having read something about it.

I don't think of myself as having mood swings, aside from hating the winter and loving the summer, but I must say, a few days in the red, and I felt bad, a few days in the green, and I feel much better !

It's not just the EU, if there is no customs agreement between the UK and Ireland, and no free trade agreement, then WTO rules mandate a border.

Brexiteers are all saying the UK will be fine under WTO rules, well then, follow the rules, or get slapped with sanctions.

They're part of the European Single Market today so it's not a problem. The UK aims to leave the single market.

Today's world is not the same. And you're talking about countries with a similar culture, not trying to compete with each other.

The UK wants to leave the EU as it feels special, and wants to become some kind of Ayn Randian utopia where anything goes.

About the Norway-Sweden "open border", a video showing it's actually not that open : https://www.youtube.com/watch?v=Xq-ysPcjG-8

I quite liked the part about British men having been arrested for smuggling garlic through that border.


Personally, I will vote for politicians that will make sure you leave the EU and never come back.

I don't know about the findings, but the article you linked to reads like a ridiculous ad for some quackery like radioactive cream or some shit like that.

What is a "lucrative trade deal" exactly ? What will the UK sell in much greater numbers after Brexit than now ? Will it really make sense to buy US food instead of EU food ?

I accept that so far Brexit hasn't been catastrophic, now let's wait till it really happens (end of 2020 is the current deadline, I'm not convinced it will stay that).

Aside from that, I'm looking to cash out some coin. I'd like to use a card to pay for stuff, I can also do with amazon gift cards. Can you recommend reliable services with reasonable fees ? I'm not looking for the most secretive service although that's always good, I'm not going to spend a lot, a few hundreds euros a month at most.

Yes, I need euros.

Thanks, I'll look into it. 2,5% is OK, but there are services with 8%, 10%, 15% fees, crazy !

Neteller seemed interesting but apparently there are too many caveats.

My main exchange is Kraken and the fee to withdraw fiat is 9 cents so no issue, however I want to limit my withdrawals that way for t a x reasons.

I bought an amazon.fr card with giftoff and ordered what I needed, smooth going, they must improve their referencing, as I looked at dozen of sites without finding this gem.

edit : the fee is even negative, as I get "points" that will lower the price of my next gift card !

I think knowing the century (and millenia) started in 2001 made some sense at the time, and I was aware of it.

Now when the decade starts is another story.

:hello: all.

Nice time to be into Bitcoin.

At my day job, a virus has hurt us. Colleagues in Asia are of course affected by the coronavirus, however, what I'm talking about is another kind of virus : a ransomware with a hacker collective behind.

It's been chaotic for 2 weeks, with people working around the clock to restore everything.

So : stay safe !

I had some old sell orders trigger, from when I was unhappy to have hodl too long... I bought back at the first dip...

China is already a surveillance state. They're doing us a service in a way, it should be more difficult for our politicians to pretend it's all for the sake of children or something like that.

One can hope !

So my stock portfolio is going down. Most of it I can't do anything about it (company stock, must keep 5 years before selling, free stock as a compensation).

But my BTC portfolio is also going down !

Not that bad (for either) but still, I would have expected an inverse correlation, or at least BTC hodling better.

Gold is going up in the meantime, I know someone is gloating...

Floppy noises (3,5" in my case) and modem noises are the sounds of my childhood !

With how things are accelerating with the virus, do you think it could be "over" in a way quicker than first thought, basically things going back to this being a "bad flu year" but no more going crazy with quarantines, closing plants, closing schools, stopping tournaments, things that are proving ineffective anyway, aside from hurting the economy ?

I can't say I'm following the 5G thing too closely (even though I'm working in a related field, and my company owns a telco...) but so far anything I've seen labeled "5G" can be done with 4G just fine.

In fact my company has had telepresence robots for years.

I saw a voice operated elevator in China being demonstrated as something that is helping fight the epidemic. I'm sure it could, if it was widespread, but of course we might be talking about 1 elevator that has the tech for every million elevators without...

Careful, the flu kills much less than this, around 0,2% of infected people. 5-10% of people HOSPITALIZED end up dying.

Note that this "HOSPITALIZED" thing is significant, because it means once you are at a point where you need it, you better hope there is a good hospital available, unlike in Africa or Iran, or that 5-10% number doubles or triples.

Yeah but I planned to spend most of my cash and sell my stock this year to buy a house (keeping the BTC), now I might need to sell some BTC, not ideal.


I didn't mean stopping it, I meant the opposite, stopping trying to stop it.

I guess if it goes really bad and lasts a bit, I might buy the house cheaper (still have a good chunk of cash fortunately, and mortgage rates are crazy low).

I wonder how much lower it is, taking into account some people won't go see the doctor at all.

Typically me, I usually beat any illness with a good night of sleep/some shivers under a blanket.

I used to have few contacts with very few people, and never got sick. Now I am in contact with more people, and catch more stuff (but still beat them easily, so far). I'm probably more dangerous since I can carry deadly stuff that doesn't really affect me.

My opinion is that they weren't cured, the virus was just beat down enough that symptoms went away and it became difficult to detect (like HIV when taking a tritherapy).

In Germany investing on the future and making babies is the solution, not pandering to old people.

Stock market crashing, now Bitcoin crashing, noooooooooooo!

RED RED RED it's crazy !

It's not stopping.

Finally a bounce

I regretted not having bought last time BTC went below 5000€ so this time I had an order ready and bought 1 BTC @ 4000€

It's already back up more than 1300€ from there !

Should have had a bigger order :p

So, any of you down in their bunker ?

Best wishes.

I wonder if there's something you can do at the early stages when not feeling too bad, like exercising, to help your chances.

Ah ah I can do that. Chloroquine not so sure, I take some heart medication, although my heart is not failing it's just a bit irregular, and Chloroquine is bad for that.