the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments.
also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze.
there are other threads where speculators can discuss their sentiment, just not here...

That 1000+ page thread was getting kinda useless.

thats fine too,
I'm looking for quality charts or good TA bearish or bullish.

asking good questions example....


is also welcome here.

just don't be posting about your "FEELINGS" and you won't get delete.  

this aint bull market, son.

only possible departure is to the sub 500 zone.

did any major news roll out today?   I woke up this morning to lower prices on all exchanges..I haven't been following the news too much lately, as I don't plan on selling anyway

i think there is a about 65% chance to see 540-560 in the next ~8-10 hours

I already said that. I won't buy it for speculation, investment (whose "sale" I consider a scam), or even to help "the cause" (which at this point seems to have been totally derailed by "libertarians" and greedy financiers).

I may buy some cryptocoin someday to pay for something, if I find that it will be easier/cheaper/safer/faster/etc than the usual means (cash, check, bank remittance, cerdit card , debit card, ...).  Which does not look very likely right now.   


Of course.

Last post for today.

ANYONE REMEMBER THIS

It´s happenin!





PS: CHINA BANS BITCOIN!!!!!!!!

 

I could sure take a trade over that.

Anyone wants to be let in on a little secret?

Remember a month ago, maybe two? When 400 had everyone salivating? We basically never got *near* that number, except for the 2 flash crashes that pushed that deep simply because of momentum and panic.

What's the situation now? You going to buy at 400, for sure? 400 coins still make you drool?

I don't know how you guys trade, but if I drool over 400 coins, I sure as hell would start placing bids around 440....

...only that's not happening. Or at least not in sufficient strength. Here's a really pretty simple prediction: 400 will feel "normal" soon. Not cheap, but normal. And if the bear market really kicks in, it will start looking expensive, but that part I'm not going to claim with certainty.

why why why do poeple dump on the pump wall 

Yeah, but what about the example in which an exchange takes your bitcoin and then gambles with them, and then gets into such a hole b/c BTC prices go in one direction while they are betting in another direction, then even though they intended to pay you back, they do NOT have sufficient funds.  That is NOT exactly stealing of the coins..   They were borrowing without permission and then they fucked up..   If we give the benefit of the doubt to GOX, that may have been what they were doing.  I call it manipulation b/c they are presenting themselves to the public as having all of the coins when they only have less than 25% of the coins.  Manipulation?

In the same vain as your post but I'm thinking year not months. On this note it reminds me of a metaphor Gavin made paraphrasing it went like this.

Developing for Bitcoin is like driving a car at 120km per/h while trying to build the steering system or change the tiers, while the occupants fight over the steering wheal and there's a big guy called satoshidice who has the music on full volume with his foot flat on the accelerator.

A crash in price like the kind that would make me cry is just what Bitcoin needs. Shake out the weak ASIC developers, give core developers space to do what they do. It will be very good fore the core believes to test there faith.

Can anyone confirm that this is just another beartrap before we go over to the trend reversal?

 

Sell, you bastards! Sell why you still can. If we hurry, we can still catch 300 or $266 support before this turns into another 2011.

otherwise, whales are our only hope.

Did everyone step into a bear panda trap? That would not be surprising at all.

I just saw price is going up a bit

Will we keep that movement till the end of a day?

It's like one long saturday

Is what people thought exactly one year ago.

Ridiculous. The only reason why most bitcoin crimes go unpunished and victims get no reparation is that bitcoin was appropriated by rabid "libertarians" who hate governments, law, regulations, and police.

The logical consequence of assuming that those things are evil is that "there are no criminals nor victims, only smart people and stupid people".

The invariable response of the "bitcoin community" to each new bitcoin scam or heist is "stupid victims, they should have blah blah blah."

That is a valid opinion, but not the way the law currently sees it.

CCMF

aah beautiful

"manipulators" eating their own walls, you guys go euphoric, gain confidence and start buying back. guess what happens next

I think we're going UP but correction is very good now (to 260-280, max to 240).

For chart is always better to go with corrections than in no-correction crazy pump mode (look at January).

Chessnut gets more wrong than right.

just reading "elliott wave principle" and came across an interesting point. Market reversals don't happen on high volume and with strong acceleration, they tend to happen when the extremes have finally been exhausted so volume decreases (imagine a bull run hitting it's peak, as we may have done now mid-term, the bull runs out of breath and gets exhausted).

Also key to note is that during final stages of bull markets before reversal, market participants when polled show demonstrably more optimism than at other times in the market. Basically the more you "believe" as a mass, the closer you get to being delusional and running out of steam, after that the law of gravity comes into action. The same would apply to the inverse. For example, once you lose everything, the only way left is up!



RE price, I think bitcoin potential price needs to be totally re-evaluated. For one, the market has matured and the crazy volatility of the past has been gradually decreasing. More importantly, Gox is out of the picture now, and all the previous predictions were based on sentiment and information that has been skewed by a skewed exchange.

Also important to note is that as price increases, the ability to affect the price by adding more money becomes increasingly difficult.

nobody.

longs closing.

This.
Not sure why would it be better than btc...

I really am worried for Tamari... does any one know if he has jumped off a cliff yet or something of the sort? I really hope not, but with all the financial loss he's acquired, I wouldn't doubt it at all.

Small break downwards to a low 470 CHECK

here comes that jump over 500  





440 is initial support and seeing how we went 100$ up in <24hours, i don't think this support level will hold.

i voted 380 in the poll

Could the loosening of China's 1 child policy explain why there's such a shortage of fucks on chinese exchanges? They seem completely unwilling to give any.

Buying in Chinese Yuan, selling in USD. They aren't buying Bitcoin, they are just using Bitcoin to buy Dollars. To avoid capital controls.

wait, dont tell me ... up?

There are legitimate philosophical differences on what type of network Bitcoin should be.  There are also political differences and it seems to me that someone behind the scenes is intentionally exacerbating these differences to prevent progress. Of course I have no evidence that is not circumstantial, but even if I am wrong, the failure of the various factions to find ANY common ground is cause for concern at the very least.

There are such things as assholes in this world.

Indeed.  

So satoshi  Mike Gavin sold us out...
Who's still manning the barricades? Anyone?

Classic is building off the 0.11.2 branch which is soon to be outdated with 0.12.0 coming out of RC. There are many significant improvements with 0.12.0 that you will be forgoing(It is unlikely that Classic will switch over to 0.12.0 within the next 2 months) . Classic only has 2 experienced developers maintaining it where Core has 45.

Segwit and classic have practically similar capacity upgrades, with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) .

Logically, supporting Classic doesn't make much sense.

http://satoshiroundtable.org/wp-content/uploads/2014/12/2a.jpg
 
poor kid, hes gonna get FUCKED.

He could only be so lucky, with all of those Ethereum pump and dump profits, he deserves a bit of a reward, no?

Yet, I am not sure whether his skinny bones could handle such, and he may get r3kt

Quoted for posterity...



Never say never.

I went from long from 400 to 770 to leveraged short now...


squeeze me if you dare 

lock your visors and HODL, initial lift off can be bumpy.
We thank you for choosing bitcoin as your prefered way to blast yourself into space.
1

Good morning Bitcoinland.

Missed a half a week and see I didn't miss anything. $578 according to BitcoinAverage.

That's a full month of sideways. Flat August. What will September bring?

I'd buy more coins before the probable price rise but I need to use my extra cash to buy my post-season baseball tickets before the deadline and secure my seats (and more) for next year.

My excess tickets will return more than double on Stubhub. Hopefully my bitcoins will return at least that much. Either way it's better than keeping money in some goofy bank.

i know the feels man.. I spent the 10~ coins I had back when I mined them aswell. Atleast I had .62 leftover for the first ath

it must be a real pisser to have all that effort thrown away at the last minute, especially when the sec could've saved it all for them years before. i wonder what other options they're looking at. i hope they keep pushing gemini at least.

http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/



That's some really great news!
The big exchanges would list BU as an alternative asset in terms of a network split!
So even with less hashrate BTC keeps being BTC.Awesome!

Personally i dont think that we will see a BU coin. Thats a kamikaze mission for BU and also the miners who have higher costs than profit. Also i dont see 3k or 4k soon. Lots of newbies got scared of this fork treat. Also when Segwit it activated i expect a next bull run with the same speed as this 1, so at the end of the year 1500$ seems within reach IF we fix this scaling issue fast! Lots of people got rekt when Bitcoin really forks, traders like me, hodlers, miners and the bitcoin currency itself. Bitcoin will give a big marketcap away when it forks to Monero and Ehtereum, Dash etc. We cant allow that!

they requested code to clearly separate chains to make replay attacks impossible.
Replay attacks were a major nuisance in ETH/ETC split.
If you do nothing during a putative split, then, when you transfer to exchange, an exchange with proper coding should split your old coins and give you coins on both branches. Of course, some  exchange might not do it or do it late. Polo split eth/etc early, but Coinbase procrastinated.

That is a good question. Does anyone know?

95% hashrate activation seems crazy. I can't understand why they ever thought that was going to happen.

I swear to the bible and other holy things that I quited trading for good. Its just not possible anymore because of all those idiots who are destoying my calculations and math with 1 single FUD or hype post. I cant fight it anymore.

First it made me mad but now I accept it. Good luck when you keep on gambeling. When bitcoin was behaving quite 'normal' I made a 150% growth in just 2 months. I could have had a 250% growth if all my technical issue's didnt happened like I have stated many times before. But the last 2 months everything went to shit.

I dont even care for trading anymore. Screw those FUD and hype swings. Trading wont do it anymore.




I mean how can anyone see a pattern in this shit? Or math? Or moving averages? Its just 100% news based.

Bitcoin price formula:  HYPE + ADOPTION : FUD X 100
Rip trading.
From now on I am just a ghost thats active on this forum.

MtGOX owes (from bankruptcy proceedings)
      45,609,593,503 JPY =~ 414,226,328 USD

There were 202185 BTC found.

202185 @ $2139 = $432473715

MtGox can technically cover its debts

+1, have an upvote for what every married man will eventually find out the hard way. Usually when their marriage reaches the 7-year mark, or when their children reach 7-10 yrs of age. Whichever comes first.

Until then it's all blissful ignorance and denial, lol.

Good to know...

Rockets and trains will return after 5K+ is my prediction. Bubble just starting.

Well isn't this fun?

I've got the ballgame in one window and my usual Bitcoin tabs in another. Between innings I take the game out of fullscreen and check the Bitcoin prices.

Unfortunately the Jays just lost their lead and there was just a correction at Stamp. No sweat. We'll come back.  

edit: just broke $3800CAD (Bitcoinaverage global price).

FFS man, keep up with the news!

http://www.coindesk.com/bitcoins-new-scaling-agreement-reaction/

http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-miners-offer-optimistic-outlook/

tldr, relax. we're fine.

There is some hope that a new PR by james hilliard allows the Segwit2X code to be compatible with  BIP148.
This may mean there is no fork in August at all.

PR is here
https://github.com/btc1/bitcoin/pull/21

An explanation of the effect is here:
https://www.reddit.com/r/Bitcoin/comments/6hdhw4/segwit2x_about_to_become_compatible_with_bip148/dixr59j/

I think if 2MB doesn't get enough support that part of the proposal will expire? Someone correct me. I'm sure I'm wrong

Im still waiting for ~1200

wonder if anyone actually shat their pants due to bitcoin - lol

Wish you best, infofront!
Congrats and good luck.

They should be thanking whoever accelerated the '6000 blocks in one day' for showing them their fundamental brokenness bugs (how fucked they are) ... instead we get BS talking points about ASICs on testnet, wah-wah, who knew?

Re "attacks" -- btc1 nodes haven't mined a block for a day. That isn't an attack, that's just a failure.

Crying attack isn't helpful-- it's often not true and at the end of the day the software must survive in an adversarial environment where attacks exist. (Though AFAICT this issue can result in pure btc1 attacker free environments stalling, and BU containing environments forking-- no attackers required).

The issue isn't a new one, this was raised as a concern and use of the 'hardfork bit' (most significant bit which must not be set on existing nodes) rather than a large block requirement was recommended.

    0.840 MB/block.

Which is less than 1 and segwit isn't even enabled yet. Moreover, btc1 by default will not make a block >1MB even if there are transactions in the mempool for it. You guys are just making your code all the more frighting by vigorously denying the issues.

Perhaps instead of making excuses you should resolve the fork? Maybe then write some tests?

OMG!!!!!!!!


We need a testnet WO thread for the Mod, so there is no fucking up the pure and unfettered nature of the real deal WO.  

I've been out of the game for a while.... questions:

What are the chances of a split chain on this upcoming Aug 1st drama?

Are most of you holding your coins?

If there is a split chain that survives.... will Coinbase give you access to both chains?

Thanks

"Jihan Wu, Bitmain CEO, already opined that he will hard fork regardless of whether UASF succeeds or fails. It is not guaranteed that a hard fork could happen without issues, but this is the best time from their perspective to attempt one. Should it succeed, Bitcoin will quickly erase all prior losses and surpass $3,000. "

So the market will be delighted that a handful of Chinese miners are in full control of Bitcoin?

That's a really fucking stupid supposition.

kudos to all those who donated anything to him. not just because of the act of donation but because they had to manually type in a (case sensitive) bitcoin address from a picture with no QR CODE

2 weeks is half an eternity on cryptoland, many will succumb, thats how we lose good people weak hands.

Yeah, I am also wondering what's going on.

So it's went over 80% and has now dropped below. Why would they do this?

What is the advantage of doing that?

only 15 to 25 have made there  guess on when we brake another ATH             ATH  ATH   ATH   GAME   !!!!

and get paid by me for the one guesses most closly ( 0.25BTC ) as another ( 0.25 BTC) for giving the best explanation why the raise at that time

anybody more wants to take a guess feel free to take a date

( for the ones that don't trust me to pay still just waiting for a trusty member to react on this and be confirmt by 2 other trusted members and i deposit the amount with them ......)

ONLY GOOD INTENTIONS

 

Yes yes, those are all valid reasons long term for the price of bitcoin to rise to great new heights in the future.

So let me rephrase my question.

What specifically will be so earth shattering for Bitcoin within the next 6 months that price will rise from here to "insane levels"?

You guys do realize that the total crypto market hit a high of $116B, and now with even this mega pump we are only back up $92B? Not even back to over $100B, nor do I see that happening within 6 months.

So how would build a centralized or decentralized system on top of metal without an enormous amount of counter-party risk? How would you guarantee who held what, for whom, and how much? Goldmoney.com is currently already doing it, but you have to fully trust that they secure your metal and will deliver it in full on demand. And that it will never get seized. HUGE counter-party risk.

This has been me all summer.


Friend: Hey I guess I should have listened to you this whole time when you told me to buy bitcoins, good for you. Can I ask you a question?

Me: Sure (thinking: ok, time to point him to a bitcoin exchange finally)

Friend: I've been reading about this new up and coming cryptocurrency <insert alt here>, do you think I should invest in this new coin?

Me: *facepalm*

Been busy. Who won the auction for the girl?

Never? Have you forgotten the mechanics of compound interest?

Internet bandwidth is growing by 24% CAGR. (http://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/vni-hyperconnectivity-wp.html)

There is a ratio of 6000 between 1MB and 6GB. This is less than 12 doublings.

If 1MB was small enough for 2010, then 6GB will be small enough in the year 2045 or so. Dominant payment mechanism in 30 years? I like the sound of that. You really think adoption will move that fast?

Thanks. More exchanges by the day. And yes, Kraken currently looks like a front-runner. While my trading stash (i.e., the Bitcoin not locked up in cold storage) is but a small fraction of my Bitcoin holdings, it's still a sizable chunk-o-change. I'd hate to leave it on an exchange that doesn't honor the BC split.

---

Cheers! XD

---

These 'clowns' have conviction and big bags. BlindMayorBitcorn said so themself. How can you not take them seriously?

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.

My opinion is that over time BCC will be the poster boy altcoin to BTC that will on occasion get pumped to the moon by the Roger/Jihan/CraigWright camp over and over again in order to attempt to divide the Bitcoin community. They will become like financial terrorists, but they will be doing it really to bleed more money from their hapless followers. Hopefully it won't work as smart people can see through the con.

In the end it's not about what something costs on the market that give it value. It's about is fundamental attributes and core principles.

For example, do you think that SNAP is worth what it reportedly is on the U.S. stock market? Supposedly worth Billions$? A silly phone chat/photo app that makes no money and will never be monetized, like ever?

SNAP is worth absolutely nothing. It's the digital equivalent of Dutch Tulips or Beanie babies. Perceived worth is not real worth.

Yes and I quoted a research report based on your fed that explains that as bitcoin grows in relevance it will force the fed to adjust its monetary policy in relation to it.  Your conclusion doesn't acknowledge this FACT. 

 Dude, you CLEARLY showed you don't fucking know what you are talking about.  What is this?

Does ledger's coin splitting process occur more quickly?

Maybe they just wanted us to send all our coins to exchange addresses so blockchain analysis companies have an easier time tracking addresses. Tinfoil hat off. You never know what's going on in the minds of people, who knows what might have been the real motive.

Can we get a new poll for the thread? 

Based on what are Guy's voting price to go under 2000$ only one direction after this event UP UP UP

So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.

I did a week in Thailand a few months ago. Great time, beautiful women. Cheap prices. You start to decide whether you want a nicer hotel for $45 or just go with a regular one for $25. Went to one of the islands and spent $200/night on a 5 star luxury hotel with a stairway to the pool right off of my patio on the ocean (sea?).

I plan on retiring in January and will go live there. Got a beautiful gf out of the deal as well.

...
He has us going to ~$100,000 if we break up out of the wedge.
...

Now you get to sit down and ask yourself: What Do I Really Really Truly Want to Do with My Life? *

Take all the time that you need composing your answer. Then go do it.

* as opposed to what the Masters have been telling you that you Should Be Doing

Sorry to hear that. Did you or anyone get hurt?

Do you guys think we'll see another dip before next week or it's just going up from now?

Why is bcc rallying while btc crashing?

Any good reason why?

Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

Agreed.

I am ok with the 2x blocksize increase. Would like it would be CORE who delivers it though. BCH? It doesn't even support Segwit or Linghting Network and THAT is the best advancement Bitcoin have had in years. It's the future.... And the future is now

Infofront, I like you and always value your input, but I'm not sure where to start with that comment.

Nothing should be altered to the Bitcoin protocol just to appease a vocal subset of end users that compromises/sacrifices the totality of the Bitcoin network's technical aspects, including it's future scalability, it's decentralization, or it's security. Absolutely nothing.

Also a division is not a deep division if it's like 90/10. Or even 80/20. The minority outlier is irrelevant, and if the don't like it they can always move over to another cryptocurrency that suits them.

Yes, but this is a fallacy.

Bitcoin forks can be created by anyone, at any time. Trying to change rules to appease some vocal subset wouldn't stop or block such ability. In fact it is a feature by design. There is no "avoiding it" and there's no one that Bitcoin should have to appease or answer to except for the majority of it users, and to implement/include things that insure it's own long term survival. The existing attributes and rules do just that. They can also be tweaked as time goes on.

Miners will continue to mine and secure the network as long as there is economic incentive to do so and as long as sufficient demand extends them a profit, i.e., end users are still buying it and using it daily. Otherwise, vocal miners don't need to be "appeased" and certainly not under any kind of threats or hostile strong arming.

Just look at the oil commodity sector. You don't see major oil drillers going "Look, you [OPEC] raise the price of oil back to > $100/barrel, or we will shut down all our drilling rigs and walk off the jobs tomorrow!!!" They will continue to drill oil as long as there is enough demand they make a profit, or until they go bankrupt.

No. If 2mb blocksize increase would've been accepted then big blocktards would've needed Segwit4X.

yes that is a good point! i feel many in this community would like to spend from 1 minute with her up to all life

How much investment do you think would be needed to create a competition to Bitmain? 10, 20, 30 millions? Maybe more?

Do you think it is possible that in the near future some corporate like AMD/ATI would enter this market? Wouldn't that crush Bitmain easily?

Just to let everyone know that using TREZOR to claim your BCH is a piece of cake. Excellent interface from SatoshiLabs, kudos to them! I claimed them all from both my wallets and transfered directly to Kraken.

I'm a HoDLer, can't do trading, not good at it. But the "free" cash I got from BCH was too tempting for me to not give it a try. I sold all of them when they were slightly past their peak. Now they're dropping nicely, so I can buy them back and be left with free BTC! But I'll wait for a bit to see how it all plays out. Trading is an addictive thing. I may do it with my free BCH, but there's no way I'm touching my original BTC. They're safely stored in my TREZOR and will not be touched unless absolutely necessary.

Have fun guys 'n' gals, and remember --> HoDL!

If anybody has any good Polo horror stories feel free to not share them for a few weeks. I'm already on edge.

I don 't think the quarreling and chaos in the bitcoin sphere is very helpful for mass adoption.

Has BCC spread outside China

What? Stop spreading misinformation. The economic majority behind Bitcoin have agreed on the 2x blocksize increase. They are the vested interests who have the greatest say as to the future direction of Bitcoin. This has already been agreed upon.

We will be getting a block-size upgrade for BTC and Segwit1x can chose to maintain a non-contentious minority chain if they so chose.

So segwit destroys fungibility. Got it.

If you can prove you held longer than a year, sure, but if it has been activity (such as trading), it's short-term capital gains. Further, LT rates depend entirely on tax bracket with those in the highest brackets paying 20%, not 15%.

Maybe John McAfee's dick has a chance.

Hello and top of the morning everyone xD

it's so good to wake up and see what is happening with BTC/USD

A 'Morning Magic'.
It's better than naked wife next to you xD or it is not?

Anyway, it's beatiful!


Have an amazing trading day!
Bets wishes.

Most of the Bitcoin whales are Lower Upper class right now.( The nouveau riche.) No need to treat them like royalty.  

So many bears on the poll. Time for a new one.

I too am curios about the details. I liked Ristos posts back in the days. More info please.

I have no desire to see my fellow bitcoiners in the nude, no.

Answer:

How much money they can make for their ideas.

Well, let's see if they release footage from the Mandalay Bay cameras to clear all that doubts.

So if the miners decide to hardfork you follow them? Or do you stick to the consensus rules you choose? Imo Bitcoin shows the flaws of our legacy governance systems. They are are not able to soft fork. Only hard forks possible. Either you are with us or against us. Where it leads to can be found in various history books. Seems learning from past mistakes is impossible.

I believe the thread is 'unmoderated' now? er...or so I thought (likely I'm wrong)

what will be this month's high?

Do we have a FUD news that I missed or it´s just a random move?

so jbreher is censored but ruphej is allowed to post less than zero value annoyances every other post...makes total sense  

If the small block argument is so weak that it can't withstand some erudite scrutiny perhaps I need to look elsewhere for the truth.

I'll just consider it teething pains. I'm sure it is a difficult and thankless job.

However, I ask that you reconsider whether or not you are deleting only posts by me that are 'direct or indirect attack on bitcoin' or promotion of BCH. Let us look at this one and evaluate: https://bitcointalk.org/index.php?topic=2402558.msg24766720#msg24766720

This post had responses to four different posts. Three of them were directly concerning BTC. The fourth was a reply to the Tesla Roadster thing.

Certainly, the first of the four replies had quoted and sourced info which could be construed as positive to BCH and negative to BTC. However, it was correcting false information promulgated by the person to whom I was replying regarding mining profitability. I posted current state (factual information) and the source URL so he could check it himself next time.

The next was providing helpful info answering a question regarding the BYC mempool, free of any value judgement.

Third was the Tesla thing.

Fourth was merely defending against an accusation of 'FUD', when the supposed fud was merely the discussion regarding the limit of number of users BCH + Lightning can support, assuming each user would open and close their channel daily (the 2 tx/user/day was the hypothetical introduced by the party to whom I was responding earlier). While this could be _viewed_ as negative, it is really just the way it is, and therefore value-neutral.

Exactly in what manner do you assert that BCH is more centralized? (Presumably with respect to BTC?)

wow you are the one that started this thread back in 2013...you must be a billionaire by now lol

Fair enough, I wasn't complaining - just wondering what the next one might be.  Maybe a year end price?

Keep up the thankless but noble work, eh?  It is appreciated!

We are approaching the 9500$ target masterluc set a year or so ago as the top of this wave. Now I'm not sure if he has revised this (I think he has) but I would not be surprised to see a big correction at these levels.

Bcash is pumping. Brace yourselves for battle...

Edit: Not as fast as I thought. Good! I hope Bitcoin holds...

Where is the post from 3 hours ago? I can't find it.

Lets have a history recap.



Did you guys know that if you started mining with a Radeon 5970 on the day that a GPU miner was released for Bitcoin ( Oct 2010), when difficulty was around 1000. You would of made 800 BTC per day.

In November 2010 you would of made 266 BTC per day

In December 2010 you would of made 80 BTC per day.

I think it has to do with bottle feeding.

This is exactly what I was expecting to happen right before the whole thing unwinds and crashes to zero. The signals are all there. Get out while you still can.

I'll tell you who is buying - Everyone I talk to now in real life, like a mortgage broker, and mention that I do "trading" - they say "oh have you heard about bitcoin? Do you think I should get in?"

What'd I tell you guys? That was the last ATH bitcoin will ever see. People are finally waking up to how much of a failure this project is. Here, if bitcoin gets over GDAX ATH of $11,485, I'll give the the first person to quote me here the last of my bitcoin, which is 0.1 BTC.

Your friend didn't expected that bicash will rise 400% and sold earlier, I somehow doubt in his analysis

Does that include altcoins as well?

And what would happen if you bought stocks with Bitcoins?

I've often seen accountant types reckon that trading a crypto for another crypto is realising a gain and thus taxable.

As it's not possible to trade a share for another share, you have to turn it into USD first, there's not much of a precedent elsewhere so I've never been too sure about this.

Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

I think to evade US clutches you would need to fake your own death as a minimum. 

Or a proper opaque blockchain.

Just sayin.

Beware your message can be censored.

Yesterday I spoke in this forum about unconfirmed transactions to know if they were spam or not

All my posts have been deleted

PS: this post will be censored in 3 ...., 2 ......., 1 .......

Incorrect on both counts. I value the truth very highly, and I find your definition of centralization (well, your _apparent_ definition of centralization, as you refuse to define it) as useless.

As evidence, see the following:

So has anyone here actually treated themselves to anything after passing an arbitrary milestone?

Don't sweat it. The restaurant staff is organising a home invasion as I type.

I thought I’d share some of my stock market knowledge to help my fellow HODLers get a perspective on the CME futures that will be launching soon.
First let me explain a bit of history: in 1982 CME group launched futures on the S&P500.
What happened next? The stock market went on a spectacular run for 5 years until it eventually crashed in 1987.
Why does this matter for Bitcoin? Because I believe a similar story is about to unfold. This story is the fundamental story about adding leverage to a new underlying asset.
Bitcoin is a relatively “unleveraged” asset as compared to other financial assets. It’s new, it’s untainted. This is significant because of the mechanics of market prices and the future potential of market prices.

When something enters a levering stage, like Bitcoin is about to, the mechanics of the market are HEAVILY weighted to the buy side and not the sell side. Why? Because to be a seller you MUST be a previous buyer (or if you’re shorting, the supply comes from a previous buyer). This may sound weird, but the potential capacity to sell is a function of those who previously bought. This is why in an early market like Bitcoin it’s very hard for it to consistently fall as there’s not a lot of buyers yet built into the price. It takes years and years of accumulation and volatility to create a normalized market. When it’s new, especially pre leverage, it’s very easy to bid it up.
When the CME futures are added, it will likely lead to spectacular rallies, but you need to arm yourself with the knowledge that the eventual buying will plant the seeds of the future capacity to panic.

This is what happened in 1987: The stock market had a 3 day wipeout of over 22%. It took 5 years to develop the buy side enough to create the conditions for panic. This was caused by the CME futures in 1982.
Even since 1987, there has never been a crash of similar magnitude, because that initial levering stage was eventually normalized and a healthy market now exists on both bid side and ask side (sell side).

Why do I tell you this? I want to arm you with expectations to keep your wits when it all goes down. The crash on Bitcoin will likely be of many magnitudes deadlier than the stock market. We just had a 29% correction and it was frankly less than the last two. 20-40% corrections are standard in Bitcoin. When we have the futures levered crash, it’ll likely be 50-60%+. This will be hard on your psychological commitment. Prices do funny things to people’s perception, just like how BCH rose and now suddenly everyone thinks it’s a BTC contender. (Nothing’s changed, price was just pumped up and psychology affected.)

So first thing: prepare for that eventual crash, I suspect it’ll take 1-3 years to create the conditions for an extreme sell side due to leveraging. This sell will start and accelerate, hitting stop losses and margin calls, which is “mechanical selling”. The mechanical selling (forced selling) will cascade and create a feedback loop where more margin calls are hit, more stop losses, etc etc until almost all profits of the last year or 2 are wiped. Combined with the emotional panic caused by extreme falling prices, it will make people think Bitcoin isn’t real and abandon it.

Next thing: the 1987 crash, while devastating in many ways, was completely recovered by the stock market in 8 months. Seriously! The worst crash ever was repaired in 8 months and the market has been much more healthy since then. It is up dramatically since those days, and that crash was just a blip on the screen.
The same will happen with Bitcoin, but my fear is that crash will be worse than even wallsteeters can handle, and it may shake you HODLers to the core.
But if you understand that the powerful selling is just a function of the leveraged previous buying, it’s just fundamentally an opportunity.
I will ride this hard as we lever up, and after an extreme period of euphoria, when Bitcoin is on every front page, when every HODLer owns a mansion, when your government-loving socialist neighbour is asking for your help converting money to Bitcoin, I’ll be lightening up heavily, waiting for the crash. I will bet everything at the bottom of the crash, and sail off into the sunset a crypto-god.

Good luck guys. I hope you weather the next 1-3 years with great savvy.

I love how your all online shopping for teslas n lambos while I'm sitting here on my 0.44 btc hoping for it to hit 25k or something crazy to make my life alittle smeg easier than living pay check to pay check 😂😪

Let's hear it for whale holders.

Every 1% rise is $10,000,000.00 earned for Bitcoin billionaires like the Winklevoss twins.

Add an extra zero for Satoshi, if he hasn't lost his keys. 

So Cramer just admitted on cnbc that Bitcoin supply was a problem. Because it forces market makers to push the market as high as possible to "shake out more coins". But that's not happening. People aren't taking profits like they expected. He's worried that they'll have to push the Bitcoin market cap to $1T first before they start to see more supply hit the exchanges.

This is fkn hilarious. They can't just call up someone and whip up more stock shares (like they do when other equities launch!). He basically just revealed what everyone has been suspecting for a long time now, that the U.S. stock market is a complete fraud that only enriches the wealthy elites.

A trillion is only a tripling away.  You aren’t getting my coins for a tripling.  I’m looking 20 years out.  The problem is we believe and they don’t. Wall Street are the weak hands in this game.

Doesn't that deal also include unlimited "fresh" young boys?

If they can keep the boys fresh, maybe they can freshen up the virgins too. Maybe stitch on new hymens or something.

Personally I prefer experienced women who know what they're doing. Too much fumbling and angst with virgins.

Good thing too. At my age virgins are few and far between. Young stuff for me is what most here call milfs. Anything over 30 and before menopause is just dandy.  

Threatening a bit of down again, what would be the correction that would make everyone happy?

Its not far off for me already. at somewhere between about 11-9

It dipped to 12.7 its trying.

Your place or mine?

This is how mainstream we are now.

A few days ago someone on my facebook list, non crypto, not BTCT member said we should "HODL!"     zomg

1. Bitcoin

2. Litecoin (only because of Atomic-Swaps)

3. .....

4. .....

5. .....

Rest is a huge pile of dogshit.

Mimblewimble/tumblebit will make Monero unnecessary

Frankly, this entire hoohah over naming just makes me chuckle inwardly. You can call Bitcoin Cash Bcash if you want. Doesn't really bother me. Though it makes you look ignorant, as 'Bcash' is a different coin altogether.


I call Bitcoin Segwit Bitcoin Segwit, as it is a clearly descriptive, non-ambiguous term. I used to call it Bitcoin Segwit1x. However, with the demise of S2X, this disambiguation no longer adds any value.

https://www.cnbc.com/2017/12/12/novogratz-says-he-would-sell-litecoin-after-its-massive-surge.html

Cool interview.

Yes he does. It's not over yet though, it will likely head to court.

Also for the record, there are plenty of Americans on all sides (conservatives, liberals, and libertarians) that are really pissed about repeal of net neutrality.  It's a slippery slope that will only lead to unfair practices.

I find it quite amusing that the debate has degenerated to deliberately calling one variant of bitcon versus the other by the wrong name.

think i'll try it.

BCASH BCASH BCASH

hehehehe yes its amusing

XMR2BTC===> is just like the original satoshi whitepaper :-D weeeee #xmrtodamoon

https://poloniex.com/exchange#btc_xmr

==========================

cheers ~ satoshi

I warn again. All alts - the bottom. This is an axiom. Any kamenty with tricky alt spam, and especially bikesh and kefir (ICO) - lead to a ruthless ban in the community.

Here the genocide of the Ver and Vitalik tribes takes place. We humiliate their human dignity. Here they are allowed to cocksuck.

No.   Not compared to the bitcoin network.

Any vets out there caring to calm my nerves with some words of wisdom?

Decentralization is a means to an end.  That end is simply better money.  

Me right now.

Roach has some valid points

It takes energy to extract gold and silver, from burning fossil fuels. Peak oil also = peak gold and silver you can't magic it out the ground without expending the work.  'Proof or work' in bitcoin was based on that principle. There is no magic surplus going to arrive from outer space.
  
Also as per recent comments a few pages back. Lightning Network, I have also concluded is a banking layer plonked on top of bitcoin.

Ignoring this is akin to putting your head in the sand like an ostrich. But yeah, ignore the troll. Ignore me too. I'm used to hostility on this thread

Not very good, either.  $1-5 and 2-4 minutes is what I call 'not too bad'.  Comes with tx capacity similar to RSK, and completely fungible.  Base layer     Pretty good will be $0.25-$1 -coming this year, if not this quarter. 

I know. la la la la la la! I can't hear you!  My first and probably last Monero shill post here. 

Nobody cares about that scam. Not even the /biz/raelis.


https://twitter.com/CoinTrendz/status/949294446763536384

What's Bitcoin? At bitcoins there is a bearish flag for now. I do not recommend shorts - I have not yet seen a clear turn. You know how it goes here with bearish figures ...

Congratulations to the survivors of the New Year coma.

https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Probable rubbish once again. But I'm past caring.

That's how you can tell I'm not biased, because the guy in question is 1/2 white 1/2 Jew, and even though I despise the Jews, it's even more offensive seeing bimbos make Gofundme pages asking people to give them money for no reason and then trying to extort people if that fails.  Not even the fucking Jews make Gofundme pages.  They just steal the money.  So the activity of girls like this is even more offensive than the Jews themselves.

Holy insider trading, I nailed it!

https://www.marketwatch.com/story/kodak-stock-pulls-back-directors-disclose-acquisitions-prior-to-blockchain-rally-2018-01-11


Jail time for Bonzo?

Would it be a stretch to say that there are too many people on the planet?

How the hell is China banning bitcoin again???

And panic starts are those poeple dumb

Oh my. Just got an email from one of my old "hot-shot-investor-type" acquaintances that is telling me he is thinking about shorting BTC.

At sub $10k.

...

My partner is literally facepalming himself right now.

It's real quiet out here in the wilderness, by the way. No coyote sightings yet.

Well, you understand. From 10k and lower - the last station of the departing train. Who did not have time - buy as last time in life.

More than 10k does not make sense from my point of view.

FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)

Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.

Mentally "OK" will selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.

♫♩♩♩♩♫♫
One of these things is not like the others
♫♩♩♩♫♫
One of these things ain't really the same

Am I a bad person for finding mirth in the self inflicted misfortune of others?

I’m not here to shill so I will only say it once - but this is coming from someone who correctly called Dentacoin and Mediblocks.

Telcoin on Kucoin is shaping up as a nice shitcoin. Cheap, is rising nicely and still deep in the ranks at 137 on CMC. Lots of headroom just don’t be greedy.  

Please let me know if this sort of commentary is unwanted and I won’t mention other things I find.

How do you guys compute your taxes when...

You mined 1 ETH with your GPU ....

You sold 1 ETH and bought BTC ....

You held that BTC for a long time and then sold for USD ...

The 1 ETH is business income?
The BTC is considered capital gains?

1. So first in 2015 income on mined ETH $1 is fully taxed as regular income (but can expense equipment costs and electric bills?)
2. 2016 $9 ($10spot - $1base) is taxed at short term capital gains
3. 2018 $190 ($200gross - $10base) is taxed at long term capital gains

Question:
In past posts, you wrote that the price can hit low, and you advised to buy bottoms down to 8k.
Is the scenario of dropping to 8k still in force?

Answer:
I do not exclude that possibility. But on the wave like a zigzag correction passed.

Really tho? Is it not ironic that Bitcoin's supposedly "slow dev cycle" is why altcoins exist, but 99.999999999999% of them have never actually participated in an e-Commerce transaction? You know, actually used to buy stuff online, which is what they all supposedly tout as their eventual purpose for existing? Years will pass and altcoins still won't have merchant adoption. Years will pass and ICO apps won't go anywhere. Perhaps a decade or more will pass, and all of the alts will be exactly where they are today in the merchant world: nowhere.

The delusion runs insanely deep with shitcoins. Insanely deep. There is only so long that you can keep using the "yes but in the future my alt will..." argument.

Can you please link the discussion(s) where Masterluc usually gives out his words of wisdom?

Dafuq is EOS  ??

The CME futures expire tomorrow, and everyone is panicking that Wall Street will manipulate the price downward to gain the most profit... But it's not that simple; CME has limits on what any given entity can hold, that make it almost unprofitable given the cost of manipulation.

Any entity is limited to owning 1k contracts containing 5btc each. Every $5 move in bitcoin is a $25 profit/loss on a contract. In the recent month, we saw the price move from $19k to $10k potentially tomorrow at expiration - accounting for a $9k price move, meaning $45M possible profit (per entity holding the maximum 1k contracts; every $1k move in btc price equals a $5M profit/loss). I am a realist, and do believe that multiple entities could collect and agree on a direction (for example 10 groups) meaning the profit would be $450M for the month of January. However, open interest today says this isn't happening (more on that below).

To manipulate the price today, it costs about $15M to buy all the btc within $1k of the current price (based on the depth chart in GDAX). The group of 10 entities (referenced above) could agree to spend $15M to move the price lower by $1k, thus gaining the group of 10 a total of $50M (or a $35M profit for the group by spending $15M). This will not hold the price down the $1k, however, and many traders would instantly gobble up the orders at the lower price, meaning the entities would need to do this multiple times to keep the price low. A realistic strategy for Wall Street is going to be to hold their "manipulation money" until right before the market closes, and push price down in the hours leading up to expiration (4pm London time, or 11am Eastern Time for CME futures).

As the market matures and becomes more balanced, these opportunities will be harder to accomplish, but I don’t think it’s unreasonable that this could happen tomorrow, but likely in the 9am-11am hours, and likely immediately rebound back.

Finally, the open interest on the futures expiring tomorrow is currently at 1,459 contracts, meaning the total bitcoin in play here is 7,295 btc or ~$80M, meaning the cost of manipulation will dramatically cut into profits. This also means there is not a group of 10 entities teaming up to manipulate the price.

Just food for thought as people prepare for the Wall Street futures dip tomorrow...

TLDR; I don't think it'll happen, the business case and open interest just isn't there.

I'm trying to figure out the exact moment bitcoin jumped the shark.  It's either Tai Lopez or the tweet by John McAfee telling people to buy some coin named FINA that is run by a "Nigerian criminal organization".  Instead of Nigerian princes coming to you to scam for money, you are now seeking out Nigerian princes to donate money to instead.

Well said... the globalists know Europeans like freedom and hate authroity more than most, so they are #1 on the extermination / submission list of world domination and mass enslavement.

I think that the BCash gang was actually just a group of useful idiot patsies in all of this. I'm not 100% sure they were spamming the network (it could have been the work of Whales/Insiders that they were working with (eg.,were paying them), or they just knew), but they believed at the time that they were benefiting from it. Now, not so much.

I mean if you think about it, other than their reputations the BCash gang has little to lose and everything to gain. If BCash fails, they'll just let it slowly die and go back to mining Bitcoin 100%. The hardware is the same, so no loss there.

I really do not know where to fall further. There's a wild support. Weekly MA20, daytime MA200, Fibonacci retracement of 61.8% of all annual growth, historical trend lines ... In general, all this should bounce off. When drains allow ...

Here to you and nashdachnye traders. The reverse side of the ETF is yours. Let them do it .... I expected a general decrease in volatility when all this was beginning to be predicted. And it is - that's what it is Mihalych.

Much as I'm utterly bored of that chart, the parallels are there. Looks like we're shortly to enter despair.

It's pretty mind boggling how repetitive these moves are, or perhaps it isn't. It's human psychology that shapes these things and that doesn't change.

What a crash
What a crash.....


Damn R I P

Volume is "anemic," yet when I check the volume on GDAX, Finex, & Bitstamp, Feb 5th has had the highest volume since Dec 21st. GTFO noob. Perhaps we will retest 6000, soon, but you calling this volume, "anemic" is really "exagerated." Why not post this shit with your normal account rather than an alt account? FUCK OFF! I hope you have a big short and get totally REKT. Like being relegated to homelessness REKT. Then I hope you die of exposure.  

I'm 90% sure that a giant triangle is drawn on the weekends. First, there are often triangles in a quadruple. Secondly, triangles are certainly after such a swing.

I think that this 2 month wave from 19800 to 5500 is the first wave A of the future triangle.

How long will the correction take? Well, if wave A lasted almost 2 months, then count. For about a year we will dance around ten.

Forget about “anemic” volume.  What about anemic order books.  Gdax, bitstamp less then 100mil.  Kraken might as well be 0.  And every single one of 2.3 billion tethers still outstanding.  Shit one more solid dump and tether will be a top 10 coin.

Volume to support this rally is anemic. It looks like we'll be heading down again. I suspect we'll be testing $6,000 again soon.

Good post.

What if I told you that actually a Bitfinex employee (bfx_drew) (accidentally?) blurted out exactly this
a few weeks ago?



Most of us know that it is highly unlikely that institutional investors
have wired 2.2 billion $ and 85 M € to a sketchy entity like Tether.
However, it is entirely possible that Tethers are actually backed by cryptocurrencies.
E.g. exchanges like Binance make a ton of income in trading fees, but they collect
it in various altcoins and not in fiat and they surely would prefer to hold it in a stable coin
like USDT instead of random altcoins.

That this could be a problem in the event of falling prices is obvious as
@bitserve correctly pointed out in his post.

He looks like this guy.

The good lord came knocking with a bag of riches months ago. I told him it wasn't enough so he left.

Bcash is a completely separate project, not related to Bitcoin Cash.

Well I'm quite sure BTC crashed -94% TWICE before, please explain in detail why this (or similar)  wouldn't happen again
For higher, we need to go lower. (much lower)

And that's your 1165th post??!?!

Why don't you show the noob absolutely who you are by giving him a complementary post delete? That may be considered an abuse of power though...But sometimes these noobs need a little swat on the behind.

Happened that I'm tired arguing with you about obvious. You stated:
and I've shoved you the figures that in 1944 when the Germans where truly defeated there were 3,370,000 Hitler's fighters confronted to 6,425,000 Soviet fighters. If that complies with your definition of one elephant vs huge number of ants then I'm out of the discussion. You are right that those 3,3M fighters had better technology, were better trained, had superior command infrastructure and still they are defeated by 6.4M fighters. It certainly was not the "ant psychology" that gained victory with such less then 1:2 number difference.

https://en.wikipedia.org/wiki/Balfour_Declaration

When i read this over a few years back i went

ARE U FOR FXXKIN REAL


lets displace millions of people

now i do not hate followers (brainwashed) of evil c$%nts

but what was done here is inexcusable


"His Majesty's government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object"

Why why why

why if I am British do I give a flying f#$ck about these people

lol at the pics ^^
bears gonna party soon
like this cept it's 'bear party'
https://www.youtube.com/watch?v=yUtMQpg5MVg

Guys who'd been around long enough to not only figure out how elliptic curve cryptography works, but also to draw the necessary lines from/to economy, game theory and all that. Younger people can pull off great discoveries in specific fields - indeed, it's usually younger folks who do that - but large interdisciplinary endeavors are more suited to mature people IMO.

It's not even worth discussing. A forkcoin more or less signed into existence by an agreement of a few commercial enterprises and kept alive by a single conglomerate through the use of dubious tactics...

Is this real? How do I use it? Or what is a good resource to explain how to use it?

I was expecting an expert proclaiming a vulnerabilty of bitcoin software. Instead, I got Julian from TenX talking about (when looking through the comments) about 'chain reorganisations'?

Anyway, things must be busy over at TenX (chirp..... chirp..... nope, no card over here..... nope, no card over there....  ).

But perhaps I am missing the point 

infofront, how about a new poll in a few days?

How old are you?

Some posters are obvious, some are not.

Cho cho chooooooo fuckerssssss

Do you mean to poll to be just for today?

I wouldn't even care about BCash if it was just any other alt or fork. But the way they are willing to put trust in Bitcoin as a whole at stake for profiteering and/or egomaniac reasons is despicable.

Sorry folks, I'm sure it won't happen again.

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

yes, I have the same feeling. Back in december it was pretty obvious that we will get a big correction. it now feels like a system reset, everything is back to zero.  the "system" runs much faster and smoother now. But zero is not zero, it's over $9000! <insert vegeta meme>.

he wasn't?

Me too.  Was it someone else?

somebody please delete this shit

I realized something. Bitcoin is free from state control, right? The price is determined organically according to supply and demand, yes? And what happens after a sudden and rapid rise in price? After the boom comes the bust. Down to less than half of the previous high, and only now slowly climbing back up.

Many organic cycles in nature mirrors this, most obviously animal populations. And when you look at the human population over the past handful of hundreds of years, what do you see? Exponential rise, a rocket taking off. But the food supply is limited, and we will eventually hit a hard cap. We will top off at 9-11 billion people. And once we reach the top, what will happen? We will have some percentage drop.

I thought until recently that millions of people, perhaps hundreds of million, were going to die. But no. Billions of people are going to die. And there is a possibility that it will happen within our lifetimes.

I'm going to fucking bed. Hopefully I will have some less horrible nightmares than this.

When you guys talk about credit utilization.... do you mean something like deferring payments instead of paying the bill at end of month?

Never knew anyone that would do that. Looks suicidal considering the extreme interest. I would expect someone having to resort to that type of credit to be on the verge of bankruptcy already. Same with the people leasing or buying cars on credit (although I know some of those).

Hopefully not to the tee. If the timeline was the same we'd be quite far off from mainstream adoption. Wouldn't mind seeing it a bit earlier than that. Wasn't the internet fairly unpopular until 2012ish and on? Don't really remember when it exploded anymore since I kept doing my thing unphased.

What would be our Netscape moment? Or AOL temporary dominance?
Is Lightning a.k.a Netscape (without the IPO) and is Coinbase/Binance/Bitfinex, perhaps, the AOL equivalent?
Or, would it be something else out of left field?

Let's assume (for the third or fourth time, I know) that this is the last time we see quad-digits. Dangerous, I know, but I get impatient.

Since my last update, this means Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.

For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.

Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.

$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.

As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for rektees traders. 

Go Bitcoin Go!



https://bitcointalk.org/index.php?topic=2834180.msg29061043

Not enough of it.

The last time I said that I ended up clocking 1800 days of playtime into a single game.

Ahem. I remember those.

"They vote with their CPU proof-of-worker, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
- S. Nakamoto

Are you seriously trying to claim that anyone that spent more than a Superbowl's worth of time looking into it cannot tell the difference between Bitcoin Cash and Bitcoin Segwit?

No sorry the mods can't do that. I remember serious legal threats on another forum when a mod actually altered someone else's post.

The doom winds are blowing. That's all we know.

I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home.