https://www.youtube.com/watch?v=LnBAp_G3SyA
McDonalds accepting Bitcoin? lol

that referendum wont change a thing in prospective.

zee germans and Merkel are like: "yes, greeks, referendum is nice and cute! call me on monday to check if I will answer at all".

to think even remotely that the greek position will be better after the referendum is just stupid. their government is hoping to use it to barter better terms.

and you bitcoiners hoping for a pump after the results! it's gonna end bad.

lel

Actually you can post something more sexy and all of us will throw some kisses in the air for you

What is your short and medium term thoughts about bitcoin price ?

I would like to hear you

Woke up this morning and checked my phone and it showed 244. I was like...holy shit, that dude was right, what happened!?!

Then I looked up and saw the chart was for euros. Had me for a second.

July 2nd?

thinking of leaving bitcoin, i think there is more money to make it in the stock market

but we are going down now, 290 already lost and falling

I heard something similar from one of my friends.  He asked me, "did you hear about bitcoin?"  "did you hear that the leader of bitcoin was arrested?"   hahahahahaha...   I did attempt to clarify for him, but he kept saying that he does NOT understand, and that he is NOT going to invest into anything that he does NOT understand.  I again attempted to explain a few more things to him, but it seems like he was willingly and purposefully trying NOT to understand anything related to bitcoin.

thank you Gavin for losing me money

are we rich yet??   
 

I hope the 'excitement' surrounding today's 6 USD rise was sarcastic. Wake me up in about 5 years when we might have something to party over!

Pride goes before a fall.  

germany was trying hard to set up an image of straigthness and reliability. the fact that this most epic fuck-up by vw can tear that image down shows that this de-glorification was overdue. german elite is as greedy as any other elite. more arrogant maybe, but as greedy.

i am not sure if the regular german has the slightest idea how seriously this fuck up is seen internationally.

@BMB


Where the fuck is that Godwin fella you're talking about? I'd like to ask him a couple of questions.

Uh, bad day for Ether holders  

$260 tonight ?!

why is ltc dropping while btc is rising?

has anyone a idea about that?

If it is, then it's 2013 all over again?

I like that we are climbing slowly. A few corrections is expected. Better slow and steady than rocket and crash.

We crossed it now, slow and steady growth. Lets hope it crosses 280 as well.

What's the opposite of a dead cat bounce called? How do you know this isn't a small retrace before the price continues to rise higher? I didn't notice any posts here discussing rumors about the VAT decision. I couldn't find any threads about it until the news got out, and I didn't know anything about it until then. I doubt many others were buying the rumor if there were no rumors flying around here.

Don't you know, Mister? Christmas is coming!

There seems to be a lot of upset, worried bears trying to convince themselves that we'll 'soon' be crashing below 200 again.

I'm looking at Nov. 2013 late rise and still can't shake out how quickly the price rose.

The idea of this repeating simply has me in awe. Especially if you consider the amount of money standing on the sideline at this point are straight out frightening

are we rich yet??  

310-320 = resistance

Market took a dump, it's ready to start eating again

The BitStamp 2k Wall will be eaten. Cheap coins for everyone. OKCoin already at $322

It is coming, probably very soon, when we correct from $3000, down to $2100. My guess is in the next two months.

Wasn't this price point where it dropped last time?? I feel like if we get above $320 we'll be golden... Btw where da fuck is tarmi?

Look at LTC!

Below 300 would be disappointing but you have to remember we were at like 220 about 2 months ago. At least we've seen there's a bit of life in the old dog yet.

Have you not discovered the bots in China will buy ANYTHING and EVERYTHING under $335 yet?  It looks like they just learned how to upgrade their money transmission system:

I dont know about you guys, but I am hoping for something below $300 for a while. I am convinced we're not going to hold above it for much longer.

the price is crashing unfortunately feeling sad right now

6-7h until Chinese starts with their usual business. Place your bets which way they decide to move the market  

I think that in 2 weeks the price will be around $350. I predict that it will stay there for some time than explode as the halving is closer and closer,day by day. 

That hash rate! 

I am short. Good Luck if you think this will go up because if this news...

The rt story does say no banks responded to the attackers demands, and that they thwarted attacks over the weekend and on Monday by using extra computer resources. But it makes me wonder if the banks hadn't been buying Bitcoins as a contingency plan.

look some one keep bitcoin price higher more and more
im sure we will reach $400 soon
maybe today or next day

https://coin.dance/charts

Big picture gentlemen. Day trading is gambling.

Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?

Good to see the price holding way above 400 at the moment. Can't be a good time to be a bear right now.

Merry Xmas to all

Stop watching the price for a while you junkies  

Wut? I gotta sleep from time to time you know?
Why did this fucking explosion of price happened now, I was waiting the 400 to buy 

Saaaaaaaaaaaaaaaad!

Hold on tight to your knickers folks, this could go even wilder in the next few hours.

Chinese officials have said they will no longer stop the market after it opens in the morning.

Interesting times... ( mind you, they have lied in the past, but even so, hold on...)

I am so ready for moon

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.

Altcoin bla bla bla...

Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.

For first time in history, the european central bank has put a 0.0% of interest for the money.

I guess it mean that the printing machine is going full throttle = crypto going up, no?

Not really. At least not to this point.

Of course you earn nothing from sig campaign, and that's not the goal!
But it's a cool feature of the forum. I bet it didn't destroy bitcointalk but saved it! It makes people like me come back often, cause I feel like I'm not losing my time trying to wake up one or two neurones of Tecshare because I'm paid for it!

I bet without sig campaign, lots of people wouldn't be as regular users as they are.
Without it the new users wouldn't have the conviction to fight this ugly contemptful community! Lots of users are rude and arrogant. The reward aspect of sig campaign makes the people more likely to talk, to explain, to debate

I think it's not a bad thing, not at all. It helps open the forum to new people

Are you jibblets still arguging about block size? holy shit...

Last time I checked, core was going along with a 2mb hard fork in 2017, so segwit + that = 4mb.  That's fine for the foreseeable future.  Around 8mb is where I see most of the glass ceiling on price coming off, and that's the next stop after 4mb.

There's nothing to discuss anymore about block size.

I heard that in altcoin forums that BTC will pump soon.
When is the halving?

And so it goes. Dump and fall. Fuck this shit.

**Sigh**

When is bitcoin to get an adrenaline shot in the arm? I was told I'd be rich by now before I invested
Seriously though the halving isn't too far away now & there doesn't seem to be any hint the price will change dramatically.

Disappointed.

Izabella Kaminska. Isn't that the woman everyone thinks is lambie?

We also don't put our healthcare in the hands of sleazy insurance corporations or spend more on the military than on education.

I tried not to mention the Land of the Incarcerated and the Home of the Emboldened. Sigh.

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

It could be that we arrived at step #3, let's see how this plays out:

Steam incoming.

https://twitter.com/SteamDB/status/723230754113724416

Not a great deal of movement in the price over the last 12 or so hours then! Let's hope for the next move to kick in fairly soon, I want to see 500 USD coins

I like your avatar Podyx..... 

Is that a honeybadger in a moonsuit....?    It's feeling quite appropriate.   

Price is over 470 at bitfinex and coinbase, let's hope it holds this time.

2 btc 

The crash from $470 was about the time the fed announced it was leaving rates unchanged. However, today there was a government financial report released that's only released once every few years. It says fiat's fuc*!d for for foreseeable future. It might get people buying Bitcoins again.

According to the bbc story the reason Craig Wright's house was raided by police was due to money he owes the Australian tax man. I can't remember the details, but if he owes a lot, he could dump a load of Bitcoins to pay the debt off if he really is Satoshi.

FYI, @gavinandresen's commit access just got removed - Core team members are concerned that he may have been hacked.

https://twitter.com/petertoddbtc/status/727078284345917441

Craig Wright claims debunked:

https://news.ycombinator.com/item?id=11609707

to me, it seems reasonable to pull Gavin's commit authority if there is nonsense corroboration coming from his account that potentially undermines the stability and even potential feasibility of bitcoin (if bitcoin were to be taken over by easy changes in governance that were represented in XT and Classic, for example). 

Nonetheless, removing Gavin's commit access seems as if it could cause some controversy from some of the big blocker folks who tend to proclaim that XT and Classic were benign in their coupe attempts....   Gotta see how this plays out, no?  Hopefully, we are going to be able to return to regular programing - which seems to be that we had a imminent bull run pending.

you see, thats a perfect example of whats going on at the moment. the community is in full denial at the moment. people kind of glorified satoshi and everyone had his own version of Satoshi in their minds. now that we actually have him eventually "at hand" they refuse to accept reality and desperately try to cling to their dream version of Satoshi.

pretty tragic if you ask me.

Yeah, funny. Lol. Did you know that Mr. Jon Matonis, @jonmatonis, Founding Director at Bitcoin Foundation, CEO of Hushmail, Columnist at Forbes, Chief Forex Dealer at VISA, Economist, has confirmed Dr. Wright to be the real Satoshi Nakomoto?

Not to mention that Dr. Gavin Andresen, Chief Scientist of the Bitcoin Foundation, said at a conference today that he believes Craig Wright is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

So how about you stop with the FUD, huh? No one's buying.

http://www.cmegroup.com/trading/cf-bitcoin-reference-rate.html

beanie babes gonna be traded on CME ... read 'em and weep haters ... moonbeams all around.

He made his announcement from that site.

https://twitter.com/GeminiDotCom/status/728268349243695106
Gemini Is Now the World’s First Licensed Ether Exchange! @vitalikbuterin

Craig is angry, he cashing out on Bfx. 

My eyes feel violated seeing pics of those two assholes.

Nice little price rise though so there is that to help me get over it, wonder if we can touch 460 over the weekend?

https://laanwj.github.io/2016/05/06/hostility-scams-and-moving-forward.html

Explanation for Gavin's Commit status being revoked.

True lets hope it doesnt get ruined by some cruel ass whale dumping on us. I think there's going to be lots of games played by big players as we lead up to the halving.

We've had a fair few pumps to over 465 USD that have crashed back down to below 450 USD. Lets stay calm, I'm not getting excited yet.

this is even better:

http://finance.yahoo.com/news/study-sanders-economic-plan-piles-170219543.html

Good morning Bitcoinland.

So we're down $10, right back where we were 4 days ago.

It's not a deep enough dip for me to buy (yet).

You know what my dear friend, sorry for getting off-topic a bit, but when I read your replies, you remind me of one of my best friends ever IRL, I miss him so much, may Allah (God) bless both of you

Back to topic, there is a guy named something Vinny I guess, wrote a blog post named, Bitcoin 2016 The Awekaning, and it was featured on Zero Hedge.

The guy who copied it to ZH stated that he is type of a guy who knows his shit so well, where if he talks, we shall listen as he predicited a lot of price scanerios in the past and he was correct.

He stated that we MAY visit $1K this year and $3K in the coming year.

I somehow gave him some credibality for what he said, so I asked you to re-adjust your predications depending on this new specualtion.

Did I convince you ?

chinese pumping it over 3000 now

you all so nervous. bad sign

A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day.

Imagine what happens when that number is cut in half.

Good morning Bitcoinland.

Massive $5 plummet overnight I see. I'm surprised the teddy trolls aren't picnicking.  

Seems we've been hovering around $450 for 3 weeks now. It also seems every time some manipulator dumps thousands of coins at once in an attempt to start a panic, it fails and the price bounces back quickly to nearly where it started.

I was getting worried for a bit yesterday, thought we might eno up witnessing a major dump.
It seems to have gone as low as it's going to go now though.

Nobody is using it because it is useless. Ethereum is pumped by the stupidity of some 'professional' investors that hope to catch up what they have missed when bitcoin was at 2 digit price.

ETH is more of a hedge at the moment. BTC seems very unstable.

its the complete lack of any volume that i dont like. its not so much about any particular price swing up or down but the fact that volume is more or less dead.

I believe BTC price is about to snap back to 460.
i expect a big green dildo today.

a lot of investors are not putting money into bitcoin, because they think that it might not be THE crypto 10 years from now,
they think it could be displaced by ETH or somthing like it.
once ETH falls apart while bitcoin increases capacity that FUD will be removed.
poeple will being to understand that bitcoin IS whatever we want it to be, and thats why nothing can displace it.
the big wow factor will be when >75% hashing power + economic majority HardFork bitcoin to 2MB blocks.

Just checked the price for the first time since yesterday & it's gone up $20

Nice little surprise to wake up to. When is ETH able to be sold? We could break $500 if people take profits & pile back into bitcoin.

And ETH simultaneously dying.

so many ETH bag holders now down at least 30%.

Such a classic pump and dump tactic. Get people to buy a coin to lock it up in something (DAO, masternodes) then dump it while a huge number of people cant access their coins.

>$1000 by the end of June!

It won't be on a sustainable basis. It'll be panic buying on several steps. Lot of efforts were made to contain appreciation at $450. Lots of bitcoins were sold out by people that were selling other peoples bitcoins. Now these bitcoins have to be bought back but at higher prices

i lay it out for you all to play it out.

Correction time, nice dump on BTC-E...

What's it like, being an enemy agent? How is it we still haven't outed you as a buttcoin spy?!

Yes, but as we have thousands of Altcoins meanwhile that equals to several dozen that are worth having a closer look. To be closed-minded in such an important phase of innovation is the worst mistake you can do right now.

^^
Nein nein nein, Madchen! Das bootsen go auf der futs!


Master race

Looks like we've lost the price point. This will be a roller coaster until we reach $666 or $450/$420.

Hopefully we just hit $666 long enough for some rocket fueling stability.

When you see analysis from most of the permabulls and the BS and FUD from no-brainers and bears, you feel safe and proud to be in the middle of a warm family.

To all my my bulls and permabulls friends, I don't want to name anyone as I don't want to forget any, I love you all

Thanks for being a huge and shiny part in my life.

So we are going to another step of bears slaughterhouse!

Go back to China

This is a white american forum

We speak in dollars here.

Take your slant-eyed chink garbage elsewhere.

Approaching 600$ and happily testing it: a good case for a Monday.
Guys please stop feeding the troll and let's go back to business.

Interesting trading day ahead 

what a beautiful sunday morning even if it is raining

I woke up with my btc price alerts that we went up to 600$.

I am even more happier because I predicted this in late April and I already made some profit.

Good old BTC rocket! UP!

Impressive rebound 

Some German and Italian banks going bankrupt because of market Brexit panic could start the BIG ONE. Once bail ins start it will be too late to buy more Bitcoin because buying a whole one will be too expensive for most.

Just wait some 2 months and you'll see it

SEC Opens Winklevoss Bitcoin Trust Filing for Public Comment

http://www.coindesk.com/sec-winklevoss-bitcoin-trust-public-comment/

Mark T. Williams

Mark T. Williams teaches finance, risk management and capital markets at Boston University School of Management and is a former Federal Reserve Bank examiner.

Looks and sounds like we're going down. Place your bets (orders). Boringass summer yet this is needed to flush out the garbonzo beans and get the rocket loaded.

I have over 100 BTC in Coinbase.... what do?

Max FUD and the price is still above 600. Not too bad.

Security breach on Bitfinex

Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex.

We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen. We are undertaking a review to determine which users have been affected by the breach. While we conduct this initial investigation and secure our environment, bitfinex.com will be taken down and the maintenance page will be left up.

The theft is being reported to — and we are co-operating with — law enforcement.

As we account for individualized customer losses, we may need to settle open margin positions, associated financing, and/or collateral affected by the breach. Any settlements will be at the current market prices as of 18:00 UTC. We are taking this necessary accounting step to normalize account balances with the objective of resuming operations. We will look at various options to address customer losses later in the investigation. While we are halting all operations at this time, we can confirm that the breach was limited to bitcoin wallets; the other digital tokens traded on Bitfinex are unaffected.

We will post updates as and when appropriate on our status page, bitfinex.statuspage.io. We are deeply concerned about this issue and we are committing every resource to try to resolve it. We ask for the community’s patience as we unravel the causes and consequences of this breach.

bitfinex.statuspage.io, support@bitfinex.com

I had 31 BTC on Bitfinex. It was likely one of the hacked addresses.

I hope they compensate all of the stolen coins. Though to do that they probably lose more money than they have which requires that they go fractional reserve which also means they eventually become Mt Gox 2.0.

 

I was able to log into my Bitfinex account. Of the 31 bitcoins I have a balance of 20 bitcoins (which I will withdraw immediately once the option is available). I have 412 USD and about 7000 BFX (tokens).

I have no idea why I have dollars on there, I've never had dollars on there. I'll be buying bitcoins with them and withdrawing those as well.

As for the whole token concept. I had been working with an international company for quite some time and we had been trying to come up with a way to sell shares to raise our initial funding. With the company being based in Belize with Bitcoin as our main currency and the blockchain being used for tracking our shares we would not be like any other company. But with half of the board living in the US and not wanting to lose US customers we had to figure out a way to word things so that we were not offering "shares" or "dollars" or anything else that had some sort of legal connotation. We played around with the idea of tokens because any company can sell tokens. We planned on selling a set amount of them being a percentage share of our company. But when talking to lawyers we found out that linking a token's value to shares of the company would defacto turn it into shares and subject us to all sorts of rules and limitations that just wouldn't work for us. I kinda lost confidence in our business model when we still decided to go with a "token" type of setup but not a limited number and turned it into more of a membership model with not much reward (that I can see) for being a member. But I'm just the IT guy so I am leaving it in the hands of our marketing guy to figure it all out.

I would like to see Bitfinex define what exactly a BFX represents and make sure it is set in stone. Otherwise I will just cash them out. Their initial value is being set to $1 each.

If they are actually representative of a percentage share of their company with dividends then I would consider keeping them. But they likely cannot say that legally, so they become a very shitty centralized alt coin with unlimited printing ability that you can't use for anything.

https://www.cryptocoinsnews.com/us-government-auction-1-6-million-bitcoins/

What effect will this have on price?

The price is falling again. Any reason for this?

Dunno... it looks like this might be the last dip... "The point of no return!" 

Before you claim such things, you need proof. NSA did a lot of things but I strongly doubt Bitcoin was one of their inventions.

Good morning Bitcoinland.

Pretty flat for weeks now. $584 0n BitcoinAverage.

No weekend rollercoaster this week?

independent people, with big dreams, relishing small victories, dedicated to a larger future, a future where Blockstream will have to compete, rather than co-opt...

Good morning Bitcoinland.

Yesterday we finally got the upward break we'd been expecting after all these weeks of sideways.

Today it's inched up a little more. Over $600 on most exchanges, $610 on Bitcoinaverage.

Are the summer doldrums over at last?

It is blocked in germany for almost a year or even longer now
Wayne interessierts.

And I need it to stay that way for just one more week.

Yep, the downward pressure to try & take us below the high 590's was pretty pathetic.

the author of the wallstreet article mentioned above is not getting it. i mean we talk about DIGITAL stuff here. bitcoins are divisible, that is basic knowledge. do digital things exist that cannot be divided?



http://wall-street.com/bitcoins-slow-dominance-internet-good-thing/

Good morning GENTLEMEN, not much to get excited about but finally a decent move in the right direction. The US still sleeping right now, do we have the potential for an attack on 650?

Official statement; https://www.sec.gov/rules/sro/batsbzx/2016/34-78653.pdf

It can be extended fore some time..again

So is BTC gonna tank later today when the SEC decision comes out and knocks the Winky's back again ? Should I liquidate a couple of BTC on localbitcoins while the going's good ? Or is everything gonna be ok.

Decisions.

Better go and make some soup.

Only just noticed that, Stolfi the creep, what's his game? He's just butthurt because he knew about bitcoin for years, didn't invest therefore losing himself a potential fortune & now he wants to fuck everyone else.

...half a dozen 'writeoffs' indicating he is a fool having no effect. I think we underestimate him.

I vehemently disagree with nearly all of Stolfi's conclusions, but I disagree his actions have been ineffectual.  He already has had an effect. The newest publication by the SEC, its language and questions were steered by his submission - along with the others.

He has spent a few years building credibility as a 'professional Bitcoin opponent'. But why? Everyone has motives for their actions. I always to try find the simplest explanation (which considers ALL available data).  Increasingly, it appears his was visibility and exposure, so that when the time came for a surgical strike, i.e. SEC commenting, his comments would not be waved off as the ravings of a lunatic.  This is a long term investment, with past efforts now coming to fruition and hurting Bitcoin.

It is easy to write that off as the efforts of an obsessed curmudgeon or luddite.  I've long wondered whether he has ever received compensation for his efforts.

The good news is, very few people fall into his camp.  Conversely, there are a large number of well-known, articulate Bitcoin advocates.
My hope is that his publication serves as a clarion call to proponents.  It matters not whether that call is heard by both sides, as respected proponents outweigh respected opponents.

Best case, this most recent comment request will address each SEC-generated question multiple-times-over by proponents, in order for them to fairly weigh both the advantages and disadvantages of many of their legitimately-raised concerns.

The below linked article talks about November 15, 2016 as a tentative release date.


http://www.newsbtc.com/2016/10/18/bitcoin-core-segwit-ready/

Re: Trezor

Don't be too trusting of hardware. Especially if it is specifically made to hold peoples' Bitcoin (which the government does not like).

Trezor may be perfectly fine now. Just keep in mind those encrypted e-mail hosting services and the letters they received from the government requiring a back door.

Will there be a weekend pump? I know one thing for certain is that if people don't gobble up these cheap coinzzz whilst we're still in the $600's they are going to be full of regrets.

The next significant price rise is not far away.

DON'T MISS OUT !!!!!!!

Good morning Bitcoinland.

I see a pleasant little rise today... currently $652 on Bitcoinaverage.

No big deal but a small step in the right direction. Go Bitcoin go.

Could this be like November 2013 again?

Little bump up to the $690's is a good start to the weekend 

Why you give the finger to this?  Isn't this a good thing, with decent progress being made?

Excellent rally.

Let's hope exchanges don't suffer any outages this time.

Price is on the decline since the 715+$. For me, the end of the run is here, and will plundge back to 650$.

Good News Everyone!

The chinese miners are finally starting to accept the problem of miner centralization:

http://www.investopedia.com/news/bitmain-john-mcafee-open-bitcoin-mining-pool/

Thx to klee for the heads-up.

Bitcoin is going up again, is it because of Trump?

i was promised trumpMOON. 

Realistically speaking the bitcoin price will have to become much much higher once those institutional investors get involved, right?

Don't say you weren't warned gentlemen. These are times everybody who isn't stocked up should be accumulating. 2017 is going to be lift off.

Prices above $800 will be wonderful because I have to purchase a lot of gifts in December.

Well, I guess this was a fun little dip for the bears to enjoy with their #alphanumeric accounts.

All we need is 1% of Indians to buy some bitcoin and we will see USD1k again...  

https://cointelegraph.com/news/with-one-percent-of-indians-investing-money-into-bitcoin-its-price-can-reach-1000-by-the-end-of-2016

I am not a fortune teller.I am reading the price and volume indicators.BTC must rest at these prices for a while and make correction before continuing the uptrend.And also there will be a sharp movement, this can happen to both sides however the low chance is 63%.This is my systems results.We will see the results in 3 days time.

It's for your own good, obviously! Don't want you hurting yourself thinking too much /s

On topic, I'm waiting for another high volume drop/rebound off ~$700-$710 before we start moving up in any major way.

Do you think we will break 750 in the next week?

bitstamp above finex? steroids anyone?

This will be finalized in january after presidential transition. Who is in charge of their decisions? Trump administration. Trump is very supportive of bitcoin, his attitude towards financial segment of economics indicates he will prod fellows from SEC to make the right decision on this front. Even though someone in the department chair thinks winkies plot diabolic plans for their ETF, for me its 100% legit.

Where did I say that? What the heck? I said his administration. He appoints bitcoiners to his cabinet. There are other shilling multimillionaires in cahoots with him who will be serving his needs. Search on the web for Thiel. As I said there are other people from bitcoinland as well working for Trump.

I am afraid we won't stay at 1,000$ for a long time. We are going much higher.

I don't even feel like selling yet. You know what? I'm never gonna sell. 3 years of this shit and everything I thought would happen has finally happened and I think I'm going to sit this bubble out and wait for the next one to try to double my coin. Holding forever.

I remember buying my last bitcoins back in Aug.2014 around $520 and being told that I was fu***** dumbass. Oh well glad I was then

Hold onto your butts and...

Happy Holidays everybody

Xmas correction to 860$ and then rocket goes to moon?

I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.

I suppose she is sick of listening to it all from me for the past few years.

1 bitcoin is around $900. 900 US dollars!! Now thats some freaking shit load of money for me man! 
And yeah, I encourage all of you to keep spreading about bitcoins. Don't mind if others ignore you. After some years, they will praise you for getting into this game early.

looks more like an healthy correction

LOL, the mainstream-media praises BTC now since weeks and as soon as one or two critical articles appear: "propaganda measurements".  

The mass-media likes BTC (so far), deal with it.

This correction (hopefully just that) is pretty welcome. Was getting too bubbly..

You should try adding .com to the end of it

From the times today.....

http://www.thetimes.co.uk/edition/business/biggest-fall-in-bitcoin-blamed-on-the-chinese-r7qqphbwq



Biggest fall in bitcoin blamed on the Chinese
The value of bitcoins, the cryptocurrency, created by technologists to circumvent state-backed paper money, suffered the heaviest fall in its 23-year history

For long term investors, the spike above $1000 wasn't earned properly.

You shouldn't get too excited about a short term spike, because it'll never hold. Get excited when we drift over $1000 and it becomes the new firm support. May take most of the year to get there, but we'll get there.

It was already in for a moonshot until PoBC farted.

I have a feeling we're in for a lot of sideways for the next week or two, to complete the massive cup and handle everyone is talking about. As long as we stay above $800 we should be good. Once that's done we'll be back over $1k and ATH in no time..just be patient!

Is it weird that I'm not even a little excited that we are in 900+ territory now?

Did you recognize him?

my point is that even today, hell, even if bitcoin price tanks to $100 - no matter what price - not every existing millionaire can have one bitcoin. even if all existing btc hodlers would sell all their coins. there is no theoretical way possible, because there are more millionaires than bitcoins. to me this is an interesting fact, to lots of others it seems silly. i don´t understand why people get so itchy about it.    

edit: hodlers

Are you serious?  Can you really make money that way?

I understand waiting and hoping for $860 or some other lower price point in order that you might be able to buy more little friends,  but it does not seem like a good idea to sell hoping that the price goes down or in order to attempt to cause the price to go down... not at these price points.


What I mean is that when prices  went up from $600 to $1,139, you should have been selling all along that spectrum, and then when prices came back down to $750, you should have been buying all the way down that spectrum, and then when the price went back up to $940 again, you should have been selling.. .. and now, the price is coming down, therefore it seems to be time to buy, not to sell, amirite?  or no?

He generates all the hype, and now he delayed the new megaupload... Maybe he is speculating and trying to buy more cheap bitcoin before the real announce.

See you guys > $1000?

$1,000 seems to act as some kind of psychological sell alarm to people, I don't know why but it does.
I'll probably start thinking like that at $10,000 but $1,000 is nothing.

They do see it. That laugh is a nervous one, that covers up a little bit of anger, and feelings of 'missing out'.

Who cares if it pumps the price up massively? Can only be a good thing for us right?
Let the moron's buy through investment forms & we'll lap up the profits.

Getting over the previous gox high of $1242 is what matters.

What the fuck happend

This time I'm really disappointed by the PBOC. Only 50$ (or ~4%) at the deepest point of the "crash" and still nobody wants to continue the shorting party ... (OK, we're 1% down comparing to yesterday, but that would be even a normal number in forex)

I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...

I expect a consolidation in the 1030-40's and then a new attempt to break 1000€ (1070USD). I continue to expect at least $1100 as a new local high but an new ATH looks difficult to me in the next month.

since we are the last days on the 1000€ base what do you think regarding if it's a good time to buy or sell? any ideas where do we go from here???

Imo this depends if we will have one final push which positions us in a comfortable area like 50€+ above the 1000.
If not I think we will go down to around 900€, recharge batteries, and give it another try some time later.
Really hard to say which of the two options is going to happen. I hope upwards of course.

I think we're all wondering about that. If the decision goes against them, their credibility will take a big hit, for sure.

Saying they'd have egg on their faces is an understatement. They'd be a laughingstock.

That's why I was wondering if they were privy to some inside information but not in a position to divulge it, or where it came from.

I guess there's not much we can do except wait and see what happens in March.

$992 now and going down.
Time to sell or weather this storm?

time to go back to 1005 and land softly on 1000 

Using past examples where the RSI went higher than 70 has absolutely no significance. RSI over 70 is overbought period.

Don't have time to get into stupid arguments that waste my time. Leaving again for better and more intelligent places.

it will be funny to see how its dumping later 

Yeah tomorrow, when China has inspection or bans bitcoin again. Lol.

Btw, what happend to the guys who sold at the bottom? Because TA said that the price wil go down with $200-$800

bitstamp ATH $1163
bitfinex ATH $1175
Gox ATH $1242

Everyone says the Gox ATH was manipulated, but at the highest price it's a big psychological barrier. I'll be happy if it takes another week to go above the bitstamp ATH. I expected more of a battle to get over $1100.

In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.

Is it me, or does it feel like the train is trying to leave the station early?

woohooooo!!!!  That Ł1k is a great milestone!!

Wait, what? Why would you sell when your good friend sent you a screenshot of the press release set for Wednesday?

No, they haven't studied the small print like us. They don't know about the sneaky rule that allows a delay of the ETF decision until Monday.

Maybe thats it. Then we dont have to worry. But what if it is because of the hard fork rumours? Vinny lingham sold his stash because of it. Africoin takes it in his charts. Vinny Lingham is right most of the time. It just looks strange to me thats all.

I have a feeling that we are in a bull trap phase  

The graph was looking good, TA is pretty useless once again. Fundamentals also good since BUchina is dead after the bug disaster. This selloff makes no sense, it is either a whale taking profits or random panic selling.

First they ignore you.  <--- all other crypto/altcoins are still here
Then they laugh at you.
Then they fight you.  <--- Bitcoin is here now
Then you win.

People don't realize that 'they' (the powers that be) are now circling Bitcoin like sharks, trying desperately in whatever ways they can to slow it down, set it back, or kill it forever.

'They' have run out of physical/technical ways to try and hinder or bring down Bitcoin (e.g., 0day bugs/hacks, DDoS, MtGox insolvency, exchanges hacked and/or going offline, FUD/negative news, etc.)

Now they only have one real play left: Social Engineering. They load up the forums with shills/trolls, trying to split the community and sway public opinion against Bitcoin in general.  They prop up and promote other alt coins now as "Bitcoin 2.0" and "way better". They string along and stall a Bitcoin ETF ruling for years, only to deny it at the 11th hour and laugh. They have even managed to gaslight former prominent Bitcoin proponents like Gavin, Roger, Mike, and big Chinese miners with false information or outright bullshit (Craig Wright is Satoshi, anyone?).

Once this line of BS fails, and it will, the next wave will be direct head-to-head Bitcoin competition: Gov't sponsored/endorsed Bankcoins, and eventually Bankcoin ETFs.

Believe it. You read it here first.

Can you tell me if chinese are now allowed to withdraw BTC from their exchange platforms? If no, when they begin withdrawals?

So they on their exchanges they already can sell BTC and withdraw Yuan. But they can not buy BTC. To buy BTC they go to foreign exchanges. Am I right?

According to the statement – backed by Bitfinex, Bitstamp, BTCC, Bitso, Bitsquare, Bitonic, Bitbank, Coinfloor, Coincheck, itBit, QuadrigaCX, Bitt, Bittrex, Kraken, Ripio, ShapeShift, The Rock Trading and Zaif – the exchanges would list the BU asset under the BTU or XBU tickers in the event of a network split, which they collectively say "may be inevitable".

1082on btc-e,  1000 on finex. It id deeeeeead as fuck. Hoooly shiiet.

But...


I told you so.

Heading to 900$ in a few days.

https://www.reddit.com/r/Bitcoin/comments/608zha/bitmain_wants_to_accelerate_plans_for_a_hardfork/

Woo crawls further out on the limb ... guy is slipping into fully postal territory quite quickly, non-linearly. He's exhibiting behaviour of someone under a lot of psychological stress, coercion or manipulation. I noticed the same when Ver had his public breakdown on podcast about bitcoin stopping wars, pretty sure Ver has been visited by powerful forces from State dept. or similar and asked nicely to co-operate with undermining bitcoin ... or else.

At the  moment, it doesn't seem BU  has gained any traction, more like losing it,,,,,

Im under the impression, this whole BUGcoin drama is just a big shady altcoin pump and etheriums last resort because Bitcoin with SW+Rootstock will make etherium obsolte.

Just enjoy the ride and hop of soon, the whole shitcoin world will collapse soon. Common Darkcoin worth 100 bugs ? Nobody uses darkcoin, blocks are 10kb or something on average.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

I don't have the guts to invest money at any other crypto than bitcoin. You can loose everything

We are paving another leg up. I see more and more people investing off the grid crazy amounts of money to get onboard (I must admit they also want altcoins).
The train has so much fuel to go on forever if this keeps going 

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

Maybe since bitcoin price is being stable last days some day traders are moving their funds to make some short term profit with altcoins and then re-buy bitcoin again.

https://btc.com/stats/pool/F2Pool

F2pool signaling for segwit again, but this guy is such a prick tease it's hard to take anything seriously any more.

I hope everybody is mentally prepared for some doom. Gravity is like a force of nature.

I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!

shorting some alts might be a good idea...

This is very weird.

It's the first time that, being so close to ATH, the thread is not full of rocket pictures and moon posts... In fact, I haven't seen any.

Bullish?

Its so quiet here rightnow.
Normally thats an important dump indicator.
Guys, you there??

You think we can expect all time high and correction already this weekend or the trend will continue into the may? I retracted my statements earlier that this is a bull trap, however at current rate, market might overheat. And fundamental problems like Finex insolvency or scaling still werent addressed.

Consolidation lasting months could very well be the case for near future.

Looks like are heading for a correction

yea. nice. i think it is time for a new target...
brb 

for about a week now my computer time is very limited...today i checked the price and we are at ~1200 EURO    
pretty nice !! any good news for that ?

yeah with LTC coming to an agreement vs bitcoin still fighing it out on how to go forward....IF nothing happens in comparison on BTC's side on this scaling etc

price could go 'ker plunk' downward...

that could be the big downside to them stalling on all this...the comparison with movement/consensus on litecoin....makes more folk go to alts

then again..might get them off their ass and decide something as well....LTC showing a path so to speak

(the ways of bitcoin devs of any flavor are mysterious to me)

What the hell is going on there I wonder?

Lots of people are buying btc with fiat in order to buy alts to keep for long term. Most alts in most places can't be bought directly. They have to go through BTC, generating demand for BTC.

After generating 5-10x returns on alts in the last few months, many other alt traders are cashing out to BTC thinking it's more stable than the alts in bubble. They don't want to get out of crypto entirely, but want to reduce risk. This also generates demand for BTC.

Another group of people relaized that there are multiple scaling solutions competing for dominance within the Bitcoin ecosystem. They are taking the chance to get in early before the solution has been clarified. Even though the price is slowly rising, there is a proverbial civil war blood on the streets. This is a buy signal for the smart money.

People are learning about the scaling issues and possible solutions from the media. For example there was a great article in New Scientist this week, mentioning segwit and LN.

Finally, less people want to sell now, no matter at which level they bought in. The profits are too low to cash out, and there is a promise for BTC to go beyond 2K within reasonable time. Once we reach that magic number we will see more sellers, but we will see more media hype too.

Someone asked for an update of this gif, and someone created it (I'm just sharing). Make sure to bookmark it: https://i.giphy.com/l4FGCYu1xKXZAoBwc.gif (can't be embedded here probably due to filesize)

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Any projections for this uncharted territory? New support building at $14xx+?

Nonsense. I've just cashed back some BTC from LTC, multiplied 4.5x. That's not a temporary gain.
Who cares whether altcoins will succeed or fail ? Not me. Just use them at your advantage.

You seem unable to understand that altcoins can actually be a lucrative way to grow your BTC stash.
Whatever you think of them.

I'm expecting steep rise above 5000 in just 2 month.  

I can't believe alts hasn't crashed yet. A matter of time I guess

Saying "alts" is like saying "Europe".  There is a vast difference between Paris and Pristina, between Aalborg and Athens.  While swaths may crash, swards may take flight.  But then (without checking) you are probably a maximalist, in which case this won't make any sense to you.

Am I the only one who thinks this is going too fast at the moment?

I am kind of fearing a crash soon ...

Small problem with that theory. There are shit tons of other payment processors operating through Taiwan with the exact same problem. Is bitfinex paying them to pretend?

Shake shake shake

What do you think, how much time do we have left until they (Jews - the worlds elite) ban bitcoin worldwide due to potential danger for "terrorism"? Since they forbid anything they have no control over. Here in Germany (Europe in general) they started to ban prepaid phone cards already. Anything that you can buy without an ID is a risk for them control freaks.

My guess is, as soon as they will start their own crypto currency. I think about 2-3 years left?

The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.

True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.

I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.

Look for a correction down to 1400ish

I agree with this. An ALT coin collapse is looming, because they have gone up in value way too much too fast compared to the actual value and usefulness they provide. I think the ALT coin crash will come at the same time that Bitcoin stops mooning and corrects its own value.... which will be soonish. I still expect new all time highs for Bitcoin in the coming days, but upwards of a month or more then I am not sure how long this bull run can last.

Gosh. Bitcoin is so boring today.

What in the Holy hell is going on with ripple. All of these alt coins are soaring. Not sure how I can be excited with btc when I see all these others succeeding greater.

Wtf is going on with ripple?

I waited 3 years for a 16x return. These boys get it in a few days

This is the last blast imo for BTC, alts are getting dumped hard. I think we gonna hit 2000-3000 and the ETF news will decide if we go down or up afterwards. Most likely down.

Before I type what I am going to type I'd just like to mention I hodl and don't sell and I am pretty stubborn with this. I have no desire to see bitcoin drop in price at all and that won't benefit me in the slightest.

On this note I'd like to say when people talk about $10k, $100k per coin etc I worry and expect a big correction. I am sorry for saying this but we all know it can happen at anytime and it's more than likely coming soon when we least expect it.

Anyway, please continue upwards bitcoin and keep us all happy little hodlers! This is the most fun I've had in nearly 4 years being involved in this.

$1786 on Stamp. Does anybody else feel this is going too fast? I wouldn't mind a period of consolidation for a bit now.

Sideways please.

People waited a long time for that dip so no wonder there was lots of people waiting to buy it.