What is the break-even on mined coins right now?  About USD 1200?

Switch mined scrypt exchanged to btc?  Or dragonminer merge mined?

What do you pay per kwh?  I am suddenly excited about mining again.  Been not tacking this number for too long,

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.

Whats going on in china up 5% in 2 hours?

This is where I am and haven't gotten my first btc yet...waiting on the verification. Scared it'll end up at 900 bucks by Monday or Tuesday when they finally hook me up.  

Curious about something if anyone here might know...I read somewhere in this forum something about the value of btc being coded in the math, that it can always be known how much it will be worth and how it will increase in value due to the code or whatever and that it's coded to increase exponentially. If that's knowable because of the code itself then why all the speculation?

Link please.

"Word on the street is BTCChina has spoken to their bank, and the bank says they haven't heard anything and they don't see any reason to be closing BTCChina's accounts.  I can't read Chinese, so I can't confirm it, but that's what I read about an hour ago."

That's correct.

Panic!!! Sheeps! I dont trade!! More Panic!! They're just sheeps!! Why why why? (José Mourinho style)

Poll needs pissed the f*** off option.

Bitcoin was crippled by two great disasters: first, its adoption by "libertarians"...

Honestly, you make yourself look stupid to anyone who isn't.

Explain how, or again, shut the fuck up.

The price will go down, because this spike wasn't caused by new money entering the system, but by moving around of some money that was already in the system. And it's not a lot that's in, so it was only a matter of time when the rise gets exhausted and starts to fall back. I think that we will see some low volume aftershock waves today, and maybe even tomorrow, but it won't be long when the price drops back to sub 400. As long as there isn't new money coming in, then it's a bad call to just sit on BTC. Only thing to hope for is that the drop will be fast and not slow and ugly, like it has been for the past months.

The only people I know with a lot of cash made it from selling. so why the hell would they buy back unless the price drops?

What I wouldn't give for a pump and dump just so we can see some action.

nice sell wall stamp!

Are we at "Told you so?"  

This is when we are supposed to be buying then right?  

Ok, that was MT gox manipulation.

anyone knows how to transfer BTC to XRP or LTC to XRP, i'd like to try this XRP frenzy

Massive wall put up on bitstamp at $450. Bears are getting desperate!

Rumors. And bullshit

Why should I post more FUD? (facts u dislike?)

I've already said everything there need to be said. Now we wait

btw, I get real-time news update from China from about 25 sources, so that's why I said bullshit

Welcome back Willy Jr, buying 1.84 btc every 14 seconds on stamp  

That explains the funny looking chart..

So the wall was eaten twice?

Might be the guy who kept placing and pulling a ~1700BTC wall.. if so, this is the last of their coins.

Nice! 613  
wow 23k volume

Oh.. someone is butthurt in here coz it drop... boohoo!  

Hahaha! I attracted two bulltards who knows nothing but hodl
Rather than putting a buy order, they're here attacking the messenger who warned them... hahaha  

Woohoo... let me guess... You checked the address on my sig and and think you're clever enough to make a conclusion that I have less than 1 BTC? LOL!

Did you even checked when was the last transaction date? LOL! I'm not even using that address anymore.. That's the first address I used.. BTCe replaced my address long time ago... LOL!
Now I know how low your IQ is  

TERA is a "Her"?

Excuse me, if it were just another shitcoin" as you say, I wouldn't have wasted my time coming in here. shows how much you know. I also deal in BTC I just don't hang around in here with you guys living in BTC fantasy land 

My sources are saying that the ceos of all the major exchanges have been arrested.

If I reveal my sources, they won't be my sources any longer.

Yep, the day the Expedia news came out, the price was at $630.  Price didn't budge at all.  Then the very next day, wham!  A fkn FUD storm about threats of 51% attack (again, every 4-6 months, for years now... ad nauseum), +Stamp FUD, + China FUD, +Bitfinex FUD, all on the same day.  And then a bunch of panic selling ensues all the way down to $530, for no good reason at all.  And you know what?  No one even remembers that now, or if those stupid fears were even warranted.  Here's a hint:  they weren't.

The bitcoin community is, and will continue to be, pathetic, until it puts on its big boy pants and grows the hell up.  Stop panic selling over nothing.  Otherwise, the bitcoin world hasn't even seen what the governments of the world can cook up in regard to media-created FUD, until they feel the need to.

Finally I have found this article embodied in a gif.
<snip>

Batches of 500BTC as I said before...

Market is really on sideways/downward movement, last time we survived 540 resistance level let see what happen this time.

Bitcoin has already made me wealthy and I would like to stay wealthy, thus I try keep my mind agile and free from cultists' poisonous thoughts who only seek to become like me because they came (much) later, and are intellectually dishonest about Bitcoin.

It would be good for your character if you stopped accusing anyone with an opinion to your disliking, and if you were to be more open to arguments. But unfortunately, that seems to be the modus operandi for many here. False accusations with nothing backing them up.

Oh, and just because I'm a moderator doesn't mean I don't get to have opinions dissident from some of you guys.

It does speak of certain irony of course to have shroomsy, someone who is non stop crying over the market, call anyone butthurt.

'


This poster... His shit is on every page.

What he doesn't understand is that the price has it's own will.

People want to sell because they want to take profit.
Because they've bills to pay.
Because they want to invest in something else.
Because they're scared of something.

But he's crying for every dollar we drop, every time.  

Twitter blocked at work... can someone please re-post?

Announcement: The SecondMarket / Bitcoin Investment Trust bidding syndicate for the US Marshals bitcoin auction was outbid on all blocks

I would love MatTheCat to do some TA now.

400 wall on bitfinex pulled or swallowed?

What the heck are you talking about, ive been getting all these benefits "for free". I have never paid a dime to any credit card company. No annual fees, no charges, nothing... I have all the above "totally free". If you have never heard about these things you should do some research.

baseless drop is baseless, high probability of complete recovery in 5.....4.....3.....

What about miners paying power bills?

Look at it this way. A miner is a person with investment in mining equipment and expenses. When he has mined some coin, he is a holder of coin plus he has investments and expenses. Other holders, without mining investments have other investments and expenses. What is the difference? None.
Everybody hold coins, have investments and expenses, and have to decide to sell or to buy, taking other economic realities into account.

tldr; a miner with coins is no different from other people.

I'm curious--what basis are you using for your prediction?  Strictly technical?  There seems to be an awful lot of supply above 660, and no one seems to want to buy up there.  If we can break 700, I think we go much higher after that, but getting there in the near future looks challenging.

Train is losing steam, price is slowly drifting downwards.

$700 31% there´s something in losing of? What´s the big new?

To everyone selling:

Thank you for selling me cheap coins. I was worried I would never be able to get coins this cheap again. We went down 5.5%, I'm sure we will crash all the way down to 350 now. Panic sell, probably your last chance to get your money out of this fake nerd money ponzi scheme. Bitcoin is dead.

To the whales:

Thank you for putting up huge sell walls every time the market tries to break upwards. You managed to prevent a breakout for over 12 hours yesterday as the price bumped its head into your walls. Now these idiots actually believe we are still in a bear market... I realize you all missed out on the SR auction, and now you want to buy in as cheaply as possible. It is flattering that you believe so much in bitcoin long term that you are willing to tank the market with your 100's of coins, just so you can buy more.

Like this? https://www.tradingview.com/v/vfJQwL48/

Tinfoil hat again but judging by the amount that whale on stamp is willing to dump whenever it rises I'm guessing they stand to lose an awful lot if it goes up much. One scenario would be someone lending on bitfinex, selling part of his stash to the borrowers then holding the price down until they have to cut their losses, he gets the interest and buys back his coins at a lower price. All this selling is coming from somewhere and if there's not a foil wrapped answer then it has to be a few million dollars a day in bitcoin commerce. If that's it then there will probably be a period of hysteresis, overshooting up and down until it finds an equilibrium plus it will be very bullish for when the payment processors release figures.

i'm not holding out on any hopes of bitcoin taking off on a bull-run, at least not in the near future. i'm just hoping something will happen from october onwards.

There was only one 1,000.00000000 BTC market sell with target price $600.00.  

Dumping this way might tell us he is not finished yet...

Also great timing...

Create a BFX long squeeze.

Why's everyone selling!???

We went up 3 dollars so people have to take their 20 bucks profit you know.

It looks like this narrowing range has to end in 30 hours.  Breakout heading up?

I personally find it very likely that we will go below 550 and soon. So I will take my positions accordingly.

Clever name.

<snip>

Ha. Careful selling its still only 1600 coins to 615 on stamp

Yeah, makes you wonder if those times really have ended. Why is that? Maybe it really is just because the volume is spread across multiple exchanges now? I think we've seen those big amounts even after Gox went under, so no Willy rumors, please!

i wonder if very rich people care all that much about losing money, i mean its not like they have to worry about having enoght money in the bank at the end of everymonth...

when your worth more then 10Mill do you really care if its 19mill or 15mill Net Worth?

Also, I hope you realize that Shroomskit is just kidding with his recent bearishness and that 2BTC nonsense. He's no more of a true trollbear than Proudhon. Perhaps your comedy detector needs adjustment.

I could totally believe it if the dude was messing with shitcoins. Talk about bag transferring. 

Why the miners put up with being manipulated is beyond me.

This.  For most people its a near break even or losing game for them with the current difficulty.   This of course includes initial hardware, upgrades, electricity, etc.  They -have- to sell.

What can I say ... people need to come back from their holidays and start trading again ...

We were all (90% of us) predicting a rally during the Summer.
Perhaps there is still a chance for a rally this month but at this point I think that the rally might be little after the Summer ...

If someone is actually doing that, I guess they may not do it just out of kindness. Maybe they are afraid because they have some weir longs on leverage going on and are afraid of the market to burn them down in one big cascade...

anyone noticed a ticker @$7000 lately?

BITCOIN SPIKES TO ALL-TIME HIGH OVER $7300 FROM DARK POOL SETTLEMENT?
http://www.silverdoctors.com/bitcoin-spikes-to-all-time-high-over-7300-from-dark-pool-settlement/

Hopefully this is stabilizing & preparing to move up again. Dat $600 resistance tho.

I've read we're at a breakout point about 20 times in the last 2 months.
Don't you people ever get tired of claming this and being wrong.
Really, your charts don't work. Believe me. You can't predict what will happen 10 days from now.

This has to be the weakest bull trap I've ever seen. It will break soon followed by several more weeks of sideways down trending. TERA tried to tell you all this but you drove her away for having a "contrarian" opinion.

The bulls right now:

http://im41.com/wp-content/uploads/2013/11/wpid-fingers-in-ears3.jpeg

tells allot about you.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

Don't go bringing Jimmy Buffet quotes in here. He said himself to stay away from commodities.

That would be Warren?    what is it with you and names? first "sagon" and now "jimmy" where do you get this from ?  

Well, what are the thoughts on breaking back I to the $400s?

We have a tripple bottom on this levels now. Wouldn't bet on sub 500$.

Emotions being the basis of trading habits? That sounds elementary and comparable to woman pmsing, I try to stick to the books and base my reasoning off of something more tangible. Inept trading habits are NOT habitually executed in my trade history fortunately but I always keep an ear to the pavement lest my perspective become concave or contrived for that matter

All the people worth reading like TERA were driven away by the HODL-tards for giving contrarian views. After all the juvenile attacks against them, why would they come back? All you delusional bulls have each other now.

Blitz? First time I heard someone referring to him as a "bull troll"

So I've been away since yesterday... Was there a triggering event to this drop, or no? Some news or rumor maybe?

Yes definitely, people see BTC dropping and buy vaporware to secure the gains. /sarcasm

Well I have bought more Monero as diversification, but Ethereum is not in my "qualified btc hedges list".

Dude, somebody in one of the other posts said that there was a 25% chance that BTC would be valued at over $4000 by the end of the year (only a few months away). Drugs. Don't do drugs, kids. Jesus.

Back down to $500. Anyone buying up these "cheap coins"?

Bitcoin falling soon! The rise to 680,00$ was the "return to normal" phase but it will fall again!! Don't say I  didn't warn you!!!!

http://upload.wikimedia.org/wikipedia/commons/4/4b/Stages_of_a_bubble.png

Interest drying up in bitcoin. Look at Google Trends for confirmation that interest is going lower every month!

http://s13.postimg.org/czmtjng7r/nointerest.jpg

The last time interest was this low was summer 2013, which means fair value of 1 bitcoin is < $200!

just under 500% (from where i got in) gain in value is not a loss..

its not a coin on a block chain ether... its an asset on the AE used as the currency by DAC that are launching an encrypted messaging app on the apply istore and andriod store, desktop app and possibly andriodwear and iwatch. this aint no shitcoin good sir.

so ya it aint a shitcoin lol

@newbie..

iv followed this "coin" or company since march.. iv also been invested in them since the "interested" stage. its not a pump and dump.. the app is launching on the istore on the 26th.. and theres a 5% bonus per month on your holdings for the next 12 months starting at the end of this month.. as i said.. its not a pump n dump...

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

So this is another scam account from fallling?

Whut?

Huobi about to hit new low, what the hell is happening!?!

Theres more than a $20 premium on cavirtex.com (its lagging) happy arbing!

This drop is a blessing in disguise... Let's be honest: The current infrastructure is horrible. It's embarrassing whenever I convince someone bitcoin is amazing, and then they ask how to buy them, and I struggle to tell them it takes 4 days to set up an account with coinbase... We didn't have a proper phone wallet up until a couple months ago, and it still has errors. We are still waiting for crypto hardware or easy multisig wallets to be released so that the general public can feel safe using bitcoin... Relax.

This gives us more time to perfect everything before we step up to the main stage. We know bitcoin isn't going anywhere now, it is far past the tipping point. There are amazing innovations popping up everywhere. Let's all just take a second to breathe, and give the developers a little bit of time to bring their projects online! This is the most disruptive tech the world has ever seen, its gonna take more than a couple months to change the world (and get rich...)!

Bump currently a $50 arb... damn those canadians love them bitcoins.. not willing to sell!

Does it matter? You can't figure it out?.. seems like you forgot about this thing called google

Reading here I start to think: Bitcoin does not need any bears, having such bulls!  
Looks like despair is not far away.

I really have to chuckle a bit, as for false interpretation and short to to mid-term skepticism a was called a bear, but looks like being a bear is making strong holding your investment without fear and despair.

C'mon guys, what have you expected? That it would rise without times where the market will shake his participants hard, harder and a lot harder?

Your are venture capitalists! This no government bond.

Lol ok buddy whatever you say... I'll let you go back to your corner...

BTC/CAD : 510.50 BTC/USD was 425 at the time of writing.

510.50 / 1.09 = = $468 call it $470, $470 - $425 = $45.

Sure looking like a fool now aren't ya?

More really bearish sentiment. Turn at least short-term is likely close.

Any other exchange any better? Has BTC-E run away or showed any signs that they will withhold coins or funds?

Any one of them can claim bankruptcy if they wanted to and do the same to you as BTC-E would which may be regulated differently.

480!? better cut my losses now b4 they turn to gains.

This turned out to be an epic call of unprecedented precision.

I demand respect and adoration from every bull in this thread. A brief statement about how awesome I am will suffice for now.

Its called market wisdom. Markets dont wait to price something in until the very last trader has understood whats going on. They start way ahead of the actual news...

I was right  http://www.planete-smiley.com/images/Bye-bye/byebye.23.gif

https://bitcointalk.org/index.php?topic=745953.msg8433110#msg8433110

This bounce is so fake and weak. Volume is too low. We are still far away from a true bottom (0$), so shorting is a way to go. I will buy back only when everyone in the world will be buying too and it will be confirmed that nobody will ever sell again.

how come every time I hear Hodlers here yelling " I am buying", it means even you have an infinite supply of cash to buy all the time, or you are selling and getting fucked up all the time, in other words you are a member of buy high and sell low.

after last night and today, i am really fucking confused. well played market well played!

You can't predict short term movements and I don't do day trading. I want to invest for the long term, that's why I don't invest in Bitcoin right now, it will go down.

$9 more and the real excitement begins.  It will be tough on BFX: 900 coins between 535 and 540.  From 560 up, it is cruise control.

Adam was confused yesterday.
I am confused today.  I am thinking 40% chance of up, 30% chance of down, 30% chance sideways.  Or maybe the other way around.

I am at zero leverage, with no idea how to trade for the next 24 hours.  Anymore monkeys out there with sage advice?

the correct thing to do is follow my suggestions

It seems bitcoin is history....   

https://www.youtube.com/watch?v=Zl6DizyZgFY

No thanks. Your community has failed again and again. I reject coercion and will only interact on a voluntary basis.

No s/he (deeplink) wants the benefits of the infrastructure or clean air, but s/he does NOT want to contribute to such preservation and/or creation. 

Seems like a typical definition of either a freeloader or a leech or an opportunist or a selfish bastard... or to give the benefit of the doubt, maybe s/he has NOT thought that far ahead?

Newegg.ca giving 30% discount on bitcoin orders over $500.

How nice. One person controls the whole market again and he decides that we should go down.

Why?

I was mining when it wasn't profitable last year.  then the big pump came.  But most asics are not currently profitable at current prices.  these are facts.   

wtv you do DO NOT buy cloud hashing contacts 

It does. It's just that noone seems to be interested in buying anymore, which makes me nervous.

Not always and not due to my avatar. Good luck figuring it out.

GABI starts buying Bitcoins in 3 days. Honestly, even if you are currently a bear it's best to hold on to your coins for a few more days and see if the price goes up or not. I believe they are going to purchase $200 million dollars total of Bitcoins (which I'm sure will be spread out to try to avoid massive price hikes), which is quite a bit of buying pressure.

"2014 - the year of bitcoin"

Ok i guess. Holding and accumulating more. Nothing else to do lately.
It is funny that the price drops in the past were atleast artifically connected to some bad news. Now it is just dropping, lol.

How do I know that this isn't the bottom? Because less than 100 coins have traded on BFX in the past hour... (correction, we just got a 57 coin pump)... there is no volume, nobody is excited about this purportedly low price, and even the bag holders aren't doubling down anymore and talking about lowering their average price.

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

People learn and recognize patterns. Spending 20 minutes looking at the 30 minutes charts for the last month should convince anyone.  I wish there was a site that would also show the buy/sell action, order by order, during a specified candle, as well.

Yesterday, we had the 2k wall and only a tiny dump (600 coins?), apparently because no big guys followed his lead.  Everyone remembers what happened nearly every day since June, especially the massacre at 500.  As soon as they buy and the trend is up, 1000 coins are market dropped on the market and they are sitting at a loss.

I suspect that it would take a 5 days to a week with no major dumps before buyers get any confidence that it is safe to buy.  Until that occurs, down we go.

This could be it boys!

Looking like a nice bounce upwards on Stamp 

I just want to commend blitz on reducing the trollery on here last 24 hours..a breath of fresh air.

Bitcoin is about to race up to $1500 very soon. Something is brewing and it's not the news which will trigger it.

And the pattern keeps repeating... Where do the coins come from???

Looks like the chinese miners (and not only them) are shutting down their machinery!!!! This IS the bottom!!!

Who is this Loaded guy? Backstory plz.

people still use BitcoinQt?

Please drop.... just another 20%... one more time... for me? Need more cheap coins... please... 

I am starting to have the same feeling (as a next step after this: https://bitcointalk.org/index.php?topic=421615.msg9216112#msg9216112).

Nice buy wall on stamp to compliment china's momentum.  Whats with all these middle of the night movements lately?

I just want to see a legit short squeeze
I want to see them burnnnnnnnnnnnnnnnnnnn

If you started 350 days ago I really can't be arsed to calculate it, but either way you're clearly full of shit even if you only started with 0.01 btc or a few satoshis.

lol $386  a few minutes later.

Vancouver had the WORLD'S FIRST Bitcoin ATM.

Quick Question?

How can they claim to sell assets when the trial has not even started ?

like the risk of gettin rich while hodling a few years ?

those who got burnt sold too early.

Quite the contrary, it has become an echo chamber for callous, flippant, condescending day traders who could really give 2 shits about Bitcoin's long term success.

mah87, you should really supplement each of your posts with several JayJuanGee-style paragraphs.

This time last year, we were heading for $1,000

$2,000 is around the corner, I can feel it creeping upon us like a stalking leopard about to pounce on a bull.

The seizing of DPR coins will hopefully be a reminder to people to have the bulk of their coins stored offline on an encrypted drive with the seed memorized. If DPR had done that, his coins would still be nice and safe whether or not they caught him.

O ya I'm saying $400 over night.

What exactly are we looking at?

FBI couldve just administered some meds and got him to reveal everything. Not sure what steps you can take to prevent such a thing from happening.

Any ideas people?

More supply again (MtGox 200K BTC + 2nd SR auction):

Down

0.501 buying bot is re-activated on bitstamp. I think I remember a bot that did something very similiar a few months ago too, but not sure if it was during the last mini-bubble post-november 2013.

what will happen then, difficulty will keep dropping to maybe to 25-35 range until 2016 then doubled because of reward halving

wow...
lampchop stop trolling us and actually try to enlighten me... wow... tis is gentlemen !!!

btw thank you lamp chop...


edit :  bullish because 10% inflation vs 5%

Uhh tell me hes not sleeping while shorting.  Either way cest la vie

Don't know why the markets are still flat? There's a triangle pattern which it's completing currently, but neither going up nor down, and no movements at all... Does that mean that the auction can't affect the price anymore?

Why is no one talking about this major pump!/?

You are kidding right?

Still a possibility if we don't break 340 convincingly... but the way the fall stalled made me think a retest wasn't as likely as everyone thought. If everyone was thinking retest, who would be willing to sacrifice their coins to make it happen? We stayed above 300 long enough for me to realize nobody has the balls to sell this low.

Game over.

Wow i've noticed that too just now, any annoucment from them? No trade for 20 minutes already.

They have it in chinese language i can't read that...

If you never experienced capitulation before, this was it.

I did, it ended up being a 2 month intermediate bullish trend (which I even said could be the case beforehand) with an increase of 65%. Wasn't too bad.

Don't see what's so horrible about trading Bitcoin. I'm laughing how all the bear cultists (not you) are berating me for daring to suggest this may be a good level. Hell, even if it's just a short term scalp.

Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip.


Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash.
But maybe it's just me  

Sounds like BS to me tbh, are you referring to the post on XRPtalk Walsoraj posted here?

Frankly, all these alternative conspiracy-like explanations are just BS because this crash is 100% technicals.

So basically:  Technicals dictate what happens and especially WHEN it happens.
Shit happens.
And then we try to explain the mess with fancy stories.

Nah.

"They"? What do you mean?

Still 23,000 coins to be bought on finex

We will bounce!

https://bitcointalk.org/index.php?topic=274613.msg10003875#msg10003875
https://bitcointalk.org/index.php?topic=913125.0

Also, Tzupy posted this: https://bitcointalk.org/index.php?topic=274613.msg10001061#msg10001061


Mine was basic stuff. If that formation and the trend line were gonna break, I said it was gonna be a ridiculous big prolonged move.
Price structure builds in months and weeks, and then it has to decide.



Usually "manipulation" is for very quick short term moves, like the BTC-E instant flash crash we had to $300 (with quick recovery while all the other exchanges hardly moved), that was pure manipulation, but for a quick buck and short lived. These players don't control whole trends, that's not how the market works IMHO.

I must admit, it's kinda fun seeing people actually buying bitcoins again.

It's probably fake

I just started adding people to my ignore list yeterday, so peacful around this thread since #

troll going to troll  

[...]

<ramblings of a failed trader>

Through out this rise the last couple of days and even with this news the number of shorts on Finex is increasing.

Shorters still having a go it seems. Up to nearly 20k again on finex. If we really get some upward momentum going there are lots of shorts to burn in a squeeze still. Amazing given we are up hugely in % terms from 160 already.

Can you even believe what a huge faget u r?

I wonder what happened to that guy that borrowed all those coins to bring us down to gox levels? Is he having to pay it back at a huge loss?

Internet too slow, whats the jist of it?

@mob - you just said sub 100 in days.

The real reason why price is crashing:
https://www.youtube.com/watch?v=NBdhAywbgrI

 

It's pretty bad. I'm not going to post any TA unless newbie jail is brought back. This is the most popular thread on the forum and quality posts get shit on day in and day out from these shills with nothing to contribute.

This account he has now has gotten further than any of the previous.  Not sure many of you know, but this is his old account

https://bitcointalk.org/index.php?action=profile;u=127503

Look what we have here, a marriage destroyed by bitcoin permabulling and shilling:


http://www.reddit.com/r/relationships/comments/2uovrl/me_28_f_with_my_husband_31_m_5_years_will_not/

http://www.reddit.com/r/Bitcoin/comments/2us50p/psa_bitstamp_bank_is_rejecting_wires/

Methinks this is snowball, rolling down a mountain of fail.

Huh getting "

but hooboi and other chinese exchanges load just fine maybe i'm blacklisted

~9 days and ~same price!  c'mmon! hit 300 or hit 150!

We've had boring oscillations this week. What does this mean? Sub-200 or start of bull market?

Longs are absorbing these

http://s12.postimg.org/cgtjbpdrx/Screen_Shot_2015_02_08_at_9_55_28_AM.png

When we go over 250 expect to see many sad faces on btce.

i think 'the great legendary trade sideways of 2015 and 2016' has commenced ('chinese panic' and 'dream pump' canceled) .  bitcoin staying range bound until jan 2017 or until the economic crisis hits whichever comes first .

sub $200 would've been nice

If it makes you feel better to mince my words as justification to invalidate everything I've said, I don't mind. I will say that I think my meaning was pretty clear, and I already put enough effort into my longer posts. I'm not going to bother spending even more time just to make sure I perfectly choose my words to make it absolutely impossible for someone to dance around them rather than address them when they respond.

This could turn ugly for the guy... Running away with 43K is A LOT of money even at these prices, but not enough to be vanished. Hope he returns the funds...

OMFG bring back the newbie prison already!

that big fat red candle is the reason why you will not break 255.

a whale just got fucked.

good luck bulls!

Bulls don't need luck. The price is above 255 already. Not only that we have seen a demonstration by a whale that there is someone putting 8k invisible bid walls on the orderbook and selling to himself for fun. The orderbook is a mirage. But it looked bearish as hell two days ago (when you were rejoicing) and now looks very different.

Just get on with it and cover your shorts. We all know you are going to. Either that or get stopped out from a sudden spike upwards. ('lel')

So Trolfi thinks the miners might want to delay the halving in order to have more coins to sell. Ridiculous. A delay would mean a precedent. If there is one delay, there may be more. I would immediately divest myself of my entire holdings and I wouldn't be alone. The miners know this and they won't do something that will crash the price and destroy their livelihood.

Incentives work. The success of this project demonstrates that and it is why the Statist are so rabidly opposed to it.  People have an overwhelming tendency to do what is in their INDIVIDUAL perceived best interest, including the supposed angels who control which way government guns are pointing.

not everyone, just bulltards like you can't see bitcoin's incoming doom end

You ready to dump yet Tarmi?  I need you to slam the price down with your bearwhale dick.  

But... But.. They promised me the moon. 

Trolls quote trolls. No surprise.

It already landed on the moon when it went from a 5th of a penny to over a dollar per coin in 2 years.

Now that it's dead it doesn't matter any more though, does it?

"Can't believe they fell for it lol."-Satoshi Nakamoto

"I have ways of making money that you know nothing of"-Satoshi D. Nakamoto

It's so sad that this epic thread has become so focused on trolls. "The list", the ignore function and the simple fact that you can read stupid post quickly and ignore them in your head works fine for me. But the latest events where some anonymous person with admin privileges is deleting bulks of posts is not good.

It's not about moderating messages that are "off topic". That is a good thing (yet there should be a lot of slack before you shut somebody up, humor is important).

But a person is deleting all posts questioning this troll evironment.

Gentlemen, this must end! (Adam, what is going on?)

Interesting, you really think that trolls are erasing their posts at this point? Stop, it and you know it isn't likely. There's something happening in this thread and none of us are controlling it atm. If you think so, then hallelujah for you. There's some extra activity going on here that doesn't normally happen, go figure.

Fake breakout
Bull trap

Making lower local lows

Looking bad

Then again, the question on everyone's mind: why the F-- are you here, in the Bitcoin spec forum.  Day. After. Day. After. Day. After. Day. After. Day.

You believe that you can change the minds of a few longs that MIGHT happen across your posts?  Most of your readers are gonna be a few day traders and trolls.  That's it.

C'mon dude, the majority of bitcoin believers in the world don't even speak or read English. They certainly wouldn't spend most of their time here, supposedly hanging on your every word. So you are wasting your breath and everyone's time.

Go write some dissenting blogs, articles, white papers, something other than trolling this spec sub.

not yet my friend.

Not really.. someone bought thousands of coins at $300 from bearwhale -- they sure weren't smart afterall.

[...] anyone buying now has got to be crazy (prob'ly why no one is )

I doubt KNC has enough coins if only small % of the money, which is used for hedging gets into. Also question is if KNC will offload their holdings at those prices.

Hey tarmi tell us more about your favorite altcoin. 

Come on, bulls, you can do it! A little pump is all I ask, so I can place my short tomorrow.

This is how markets work, everybody is after his personal gain. At least I'm honest, I don't ask bulls to buy while promising moon, on the contrary...

HUGE sell wall on finex. What the hell is this all about. Can't remember seeing this in a long time.

Even gox wasn't so manipulated as finex is

Mervyn_Pumpkinhead seems to be the smartest dude in the room.

If it wasn't for the fact that Bitfinex does leverage its order book chart would look identical to Bitstamp's. How much would it cost to put up a giant 20k wall like the buy wall that just got pulled?

We would see increase/reduce is swaps... or?

Finex wall is gone.

5k to $220

This smells awfully like a bear trap.

14k coins dumped...doooooom! 

If I was secretly a whale with some agenda what would I want to do right now?

If bitcoin becomes one of the biggest financial instruments, and there is a fork, favouring miners mostly, my guess is that everyone (techsavvy enough) will fire up their computer to mine. Suddenly those mining pools will look very small compared to billion+ computers running against them.

Also, miners would shoot themselves in their foot if they'd support a fork which only benefits miners instead of the users.

took my massive profits off the table, yes. and I did short like a mofo at 300+, twice. now I am back for another round.

but this time I am not sure we will hit 300.  

Price seems to be going downhill, what do you guys think? Can it remain stable at 265, or will it go entirely down to 230 because of a huge pump and dump?

Why not move to BitSharesforum then and give us a break? By the sounds of it it's better right? I mean... it can scale to trillions of transactions, what else could you possibly want.

By "us" you mean you and iCE? oh, I almost forgot the cuddly but distinctly more inept hdbuck.

https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/


even the first april bubble was fake. do your homework.

A new bearwhale emerges.

chinese devaluation of yuan is already priced in.

no choo choo for you bulls, unless you are on mETH.

Shorters / Bears are on suicide watch

you greedy kikes thought you'd make a buck shorting bitcoin forever

But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt

get rekt you fucking faggots.

Orderbooks everywhere look so thin.


Can anyone who traded in 2013 talk to us about how they looked during the run-up?


I'm sure there are hidden sell and buy orders, but is the velocity of volume comparable to 2013?

so a lot of people were just market buying constantly




edit: okcoin just touched 2890

*glances at price, eyes bug out* ...wtf happened!?

Does anyone here have the balls to hold and not sell a single satoshi until 1k is reached?

I mean no guarantee that happens, but does anyone have any reasonable selling plans or price targets?

To a rough approximation, it is realistic. If you have a payroll of $500k and that gets you 10 workers of the appropriate skill level, if you cut that payroll to $250k, you can now get 5 workers of the appropriate skill level.

Of course, there is likely to be some increase in hashing efficiency over time but we are talking less than two weeks so I am ignoring that.

This is irrelevant to the point anyway.

Lambie, you are some kinda special. The kind that not even a mother can love.

I still find it hilarious that you think i'm the only one that can't stand you. It's obvious multiple people on this forum enjoy giving you a taste of your own medicine. Sure, for your sanity's sake. Call me all of them. It's not the first time others have joined in to add to my brilliance, thus gaining momentum that I am in control of other people's accounts. You are humorous with your shamed debacle.

Intellectual individuals.

I think bears are preparing a push down. To many longs...

If we have a limit of 500K TPD, then that means there are really less than a million actual bitcoiners out there after six fucking years.

Artificial scarcity of coins in addition to artificial scarcity of blockspace is just too much scarcity for me, so i'm gonna make myself scarce but I gotta cash out first.

lol moon at 1200 what a bear! 

billyjoeallen and i usually agree, and this is no exception, I too will get out if block limit isn't addressed and fees rise. luckily it won't come to that... but if it does, and for some ODD reason devs decide to never touch the block limit, i think i'd be lucky to get >200$ a coin. not fixing this is basically declaring that bitcoin can NOT be "the future of money", and inviting everyone to produce a crypto that can.

Keep pumping bulltards. I need some more Christmas money.

Artificial scarcity of coins in addition to artificial scarcity of blockspace is just too much scarcity for me, so i'm gonna make myself scarce but I gotta cash out first.

I closed that bitch. Sitting in sweet cash, Baby! Lent it out to bulls earning vig.

SIDE NOTE. Sold some coin today to pay off a few bills. Still positioning myself to wait out the fullblocalypse.

Are you prepared for the fullblocalypse?

Yes, really. That cash is sitting on an exchange. I have to get it out. You pump, someone buys the coins I have for sale. I pocket that, use my trading account cash to buy the next batch of coins and eventually get all my cash off the exchange that will either be insolvent or inaccessible after the fullblocalypse. You keep pumping after that, I get to sell my cold storage stash.

Do you think it will be easier to spam attack a network running at 95% capacity or one running at 50% capacity?

When blocks are full, anyone will be able to shut it down for an hour for $100,000. It will be slow for many hours after that.  That's your idea of security?

What's 100 grand to stop a six billion dollar network?  You just gave the banksters a kill switch.

If fees are running 5 BTC/block, you could pay let's say 10 BTC/ block and almost completely fill it up with transactions sending money to yourself. Greedy miners could do this every time the fees got too low and keep the fees at whatever nash equilibrium level they want.

The fee market is just as subject to manipulation as any other market.  Sure, some transaction will just stop being made as no longer cost effective, but some will have to be made no matter what fees are attached. These transactors will continue to try and out bid each other for block space even after the spam attack is over.

So if someone perhaps wants to roll out Bankstercoin, they could dramatically slow down bitcoin for a few hours or days to snag some market share. Or traders could make a big leveraged short along with a spam attack and force a long squeeze.  All it takes is filling up 144 blocks to put the whole network a day behind.

wtf

Speaking of borrowing money, almost $1 mil opened on finex to fuel that bullgasm.

Funny how okcoin had to kill the volumizer when things started going.

And it probably involves lent money (even if it started before all the money was lent).

we're not taking off because china devaluations theory is bunk..

the nasdaq guy likely is totally clueless about the bandwidth problem ..

i hear people all the time talking about how great bitcoin is who don't have a clue about the flaw that is obvious to all of us here in the forum ..

the real reason we are at this price is because the federal govy pumped bitcoin using back channels so they could make a quick profit on the marshal's auction ..

however, now after pumping bitcoin they are faced with the looming bandwidth problem ..

it probably would have been smarter, wiser, better to fix the bandwidth problem BEFORE they PUMPED it ..

Maybe his account was bought

Have you ever bothered to click the link in his signature?

That's not an endorsement signature. He is: Vegas Luna. Though, in this place he is close to sane.

(not really though, but he has guns)

So Cryptsy was really not whole ? Pulled a Gox? If that is true then guess what? BTC image is going to be damaged big time, and much worse than Gox era.

It sure is nice, sitting here lending out my fiat at >%20 annual return. I don't have to worry about dumps, crashes, hard forks or network congestion failures.  I don't care if it goes up, either, because that just boosts the interest rate I get paid. 

Not with Cryptsy going the Gox way. I will be happy if the price don't fall too much until the Cryptsy issue is solved

Free blockchain space for everybody is neither natural nor obvious. The so called "classic" fork is not a solution. It is merely kicking the can down the road approach that makes future solution even more difficult to find.

I'll stick to Core and bitcoin main branch. Good luck with the classic free-money-to-everybody!

You seem scared.

Who has been holding from $502, $475, $465, and $428? 

How can you guys justify a wild swing upwards at this point past 500$¿

The only sneaky shills around here are people like you trying to undermine bitcoin with your garbage alt coin promotion. But, try as you like (and you certainly do), you will fail utterly and fortunately.

What kind of mumbo-jumbo are you spewing? And so you resort to insults. Typical, from half-wits like you.

The coin formerly known as Bitcoin.

Rolls off the tongue after a while.

Also launching a node, it takes so long to sync... I think they are purposefully limiting bitcoin with smaller blocks to show their control. I dont believe Maxwell, LukeJr, or Ptodd's lies anymore. I'd rather a known three letter agency operating bitcoin then let those three continue to destroy it. At least with gavnista and tor blacklisting, these were known entities, scaling is supported, and the network would still work. After reading gmaxwells explanation (if you can even call it that) of decentralization in relation to LN I can't see how SegWit & LN are like a 1920's cheap parlor trick. I for one welcome the 75% fork... Let's see them change POW to prevent asics from ruining their coin.

(Sorry, but that argument is crazy. Prevent decentralization by breaking asics so you have to gpu mine. He who has the most cash still rules with that regard, it changes nothing.)

way to understate segwit.

1.75x incess is HUGE!

scaling bitcoin isnt about how big we can make the blocks, but how efficiently we can use block space

Just dump all of them?  how many you have 600?  more than 1000?  I doubt that you have more than 1000 with your crazy and historical bluffing talk... you sound too desperate, emotional, wrong and whimsical to be able to manage that many coins over a 4 to 5 year period.

that would be great if you could dump, dump, dump in your little fantasy playing all that you like, and in your FUD spreading attempts.

ETH dump has started?  People going back to btc?

He seems to have quite a bit of emotional outburst posts, drama and attempts at attention mongering through his nearly 5 year forum history, and there appears to be quite a bit of big talk in various threads which, if he had bet the way he was proposing, he would have lost a whole hell-a-va lot of coins and/or dollars, so we gotta take a lot of BullyJA's assertions with a large grain of salt.. maybe one of those salt blocks that cows lick?   


BJA also seems to describe himself as being smart (or smarter than others) because he identified bitcoin in 2011 and began to participate in bitcoin in 2011, which it is very ironic to be attributing smarts to possible luck and/or coincidence rather than some kind of specific repeatable skill - because merely knowing about something and acting on it, without further details, hardly in itself makes a person smarter than others.

To me, BJA comes off a little bit as having traits of a pathological liar, but it could be just a matter of his various embellishments and his frequent times admitting that he is exaggerating for effects (after he's been called out)... In any event, he may have started out with some version of the truth and some things that actually happened, but then little by little he tweaks the facts and then develops a considerable fictional story around the whole scenario that he has painted himself into describe his circumstances, and may have some difficulties coming clean because he has invested so much into his various embellishments..

It's a 150 coin short now. Tomorrow it mat be substantially bigger.

They'll probably just buy ETH and Monero, because doing amazingly well & safe investment -- no civil war (unlike bitcoins)

Guys, gonna break 1,000 soon, keep your eyes open!

The one that was followed by XT and 'classic' altcoin fork ultimatums. $200, $250, $300, $350, $400... The more irreversible and steady price increase is the more desperate are big blocktard ultimatums. That is obvious.

Are you sure about that? THIS socioeconomic actor will dump my coins on your microhash fork and keep on trucking on the one with the hashpower security.

I'm pretty sure most others will do the same so you petty tyrants can have the sandbox all to yourselves.

A big chunk of that socioeconomic majority already sent Core a couple of polite letters suggesting they might want to think a little bit harder about compromise.

We do not want a war, but by God we will fight it if you give us no choice.  

It's changing a 1 to a 2 for Christ's sake. You wanna burn down the house over that?

Bitcoin Core ... delivering epic returns since 2009.

Stay true, reject the pretenders.

euuww, I think I just puked in my mouth a little recalling that putrid article ...

gavin was a convenient face of reason to present to the authorities when bitcoin was so alien it should have been banned .... take a look at the code, he was at best a maintainer not an innovator (except for the BIP 70 privacy backdoor he insisted on slipping in), now he's just annoying baggage, like some bloatware, that needs to go the way of Hearn.

he was also the prime mover for setting up of the bitcoin foundation (and primary beneficiary as it squandered millions) ... in all its epic fail.

good catch... lol.  touché.

Monkey needs help in forecasting...

The short right now is the good option. I would set bids at 350-375 and even lower if given the chance.

The issue is still the same slow block rates due to "attacks" on the network show value diminishing. 45 minutes between blocks is acceptable once in a while, but this seems to occur more and more frequent lately Maybe it's just me?.

Meanwhile the obvious lack of volume coupled with the "arm of death" on the TA seems also a good indicator. But don't take it from me, this is just my opinion. I know usually I just post pics here, but whatever.



-PoolMinor

Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the beta!... Which is behind a Bad Gateway error indefinitely.

Sorry, but 99.99% of all these so called "txs" are worthless spam.

And ETH shitcoin is blowing our doors, without the halvening to help it? This just ain't right!

How is this possible?!

Tone Vays remains bullish (short term):

 
@ToneVays

Trading #Bitcoin - The rebound is holding $4,100, when is the next leg higher for $BTCUSD? Let's take a look. My last day in #Singapore, off to #NewZealand Tonight.

Source with video: https://twitter.com/ToneVays/status/1068268439792316416


(Yeah, I see how hypocritical it is of me posting about Tone Vays now that he is bullish)