715 support on stamp already broke today so doing so again would be np

That's why I rounded to $2,500 instead of $2,666.

But yes, 1% is a high number. The article I read was putting Bitcoin down because their survey found "only" 1% of the participants used bitcoin for ecommerce. Can't find the article now though 

Will do, thx.

something nasty brewing ... wouldn't want to be leveraged right now 

Hopefully fireworks this weekend...got my popcorn ready 

Good morning Bitcoinland.

Away for a day but I see I didn't miss anything. It's still about the same... $764USD/$1016CAD (Bitcoinaverage).

Isn't it about time for another assault on $780?

I'd cancel it. If it goes above $780 it will probably go above $800. The last high is a resistance point, and traders will have placed secret buy orders above it. If it stays below $780 the traders will consider the last two $779 highs a double top, and if it goes above $780 the traders will consider it as an indication of another bull run.

so this is the highest bitstamp price since jan 2014?

holy fuck.

toot,toot

Oh no, did I miss the bubble?? Is it over?

Not much of a "dip" is it?? 

There will be one more dump to about 700/650 and then it will go up again.

What does the squiggly line indicator at the bottom of the chart say it's going to do? Does the Ronald big Mac Donald indicator contradict the squiggly line indicator?

A handle tends to be a drop of between 30% and 50% from the top of the cup rim (i.e. between $587 and $820)

Yeah, I don't think we can see yesterday's drop as the start of a handle, since it was caused by anomalous Chinese yuan news. And btc always does what we least expect, so unless there is any more unexpected 'news' then it could easily rebound from here and re-test the ATH.

All the sell orders on stamp dried up. It's fluctuating between 371 and 529 bitcoins for sale up to $585.

It can safely go another $50 or $100 as long as the weekly doesn't close there and leaves a really strong pinbar.

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

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


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

of course if they use it only as a mean of transfer of value they would just dump it as soon as they receive, so would make no overall difference in the price, only effect would be some increase in volume

Good morning Bitcoinland.

Still bouncing around in the $880-$930 range, I see... currently $918USD (Bitcoinaverage).

Hold and wait.

Chinese New Year is coming, expect n-term wild moves http://zentrade.online/bitcoinusd-price-action-analysis-bitmex-perpetual-swap-xbtusd-update-20170127/

According to Arthur Hayes, Co-Founder & CEO, BitMEX

selling pressure will continue until mid-February, until if one of these three following black swan events transpire before the expiry of March 2017 futures:

   1. The PBOC aggressively devalues the Yuan

    2. Marine Le Pineapple Pen is polling well in French elections

    3. Trump passes a massive infrastructure spending bill

source: BitMEX Crypto Trader Digest Jan 27, 2017

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

Last chance to buy under $1000 forever?!

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

i didn't expect it to be where it is now so soon, and especially with so little hype or drama. that means there's a bunch more hysteria that can be stoked. i kinda hope it doesn't happen but there's a chance it might. $1500 is possible if the rest of the world gets excited.



the chinese market is not being permitted to function properly. it's essentially irrelevant. i hope it stays that way too.

all this up n down is making me seasick!!

Maybe its true, but in my opinion they on;y follow the price of the bitcoin nothing more.
They only trap i see on this is the Dash coin that i would never touch

New ATH on Kraken !! EUR

Who bought at the bottom?

I hate to say it, but it's not a given it will be approved.

I think it's 50/50. So although I may be told I am a fool, I am not 'all in' - I have cashed in my trading stash in (keeping cold store untouched) and left the fiat on exchange.

I think approval means volatility, so I can trade any swings, or even just get the fiat out and treat myself if it runs away, price wise.

However:  If, as I think is realistic, it is a 'no' - then (given the high expectations in the CC community) there will certainly be a dip and I will be able to buy it.  I have my bids placed. 

I hope I am wrong, but I feel better knowing either way I will be better off overall.

Hey everyone. Well the good news is my wife is very happy! She is back from her mothers and believes I am not a complete fool once more. Sold at $1196 on stamp so everyone is happy.
I didnt lose anything. In face made a tiny bit. She isn't leaving me anymore.

Now all that is left to do is cry into a pillow because I have no position.

She says if I do this again she will kill me, but on the crash we must have this weekend as we shake out weak hands Ill be back  
No one tell me wife

I find it strange that they did not accept the ETF because they could not regulate every bit of it.

How do they regulate all of the gold in the world for the GLD ETF?

I think my best move is to sit down with her and decide as someone else suggested what we want to have no matter what saved. Then the rest can be invested in bitcoin so even at the worst we don't go straight to the poor house. This was a long time coming I suppose.

Thank Satoshi this situation was salvaged

Yeah, right from the beginning, the SEC could've just said. "No way. We can't control bitcoin."

remember everybody will want to cashout after winning on alts

HOLY SHIT

whats going on in Altcoin-land

And we hit $3500CAD according to Google.  

Those ladder rungs are really getting closer together.

edit: Now $3567CAD less than 20 minutes later. Wow.

Over 100% !!

On a side note, anyone know somewhere in the UK that accepts BTC for a nice car?

More Suicide incoming

FLORINS ***LIGHTNING NETWORK+++SEGWIT**** ===> safe haven

https://poloniex.com/exchange#btc_flo

buy when there's blood in the streets 

I already rent. I live in a dirt-cheap secure bunker in a great neighborhood in downtown Toronto surrounded by a close-knit community of artists, musicians, writers, beatniks, hippies, hipsters, punks, immigrants and general riffraff.

I'm surrounded by bars, bistros, patios, booze cans, live music, original artwork, gourmet food and shops selling everything imaginable.

My rent is less than the maintenance fees on even the cheapest condo.

When the time comes to move up, I'll buy a place outright. I don't do banks or debt. I learned my lesson about the mortgage racket decades ago. I'll continue to save up until I can pay cash. Maybe by then I'll be able to buy a place directly with Bitcoin.

This was an impressive shakeout.
Reminds me of the one in the week of 18th Nov 2013, it crashed down from a top of 800 to 450, everyone was like: "That's it, it's over guys, bubble has popped."
Then it slowly resumed the climb, at some point the sellers had to buy back in, and this baby went from 450 to 1200 

A similar scenario might be unfolding right now.
I think this rally is not over yet.

Who sold at the bottom?

Your friend had an itch! Like really bad itch! Why do that when in 5 years  he would def could sell for 10k...!

Pump on alts (all alts ...).
Fuel (escape) for Bitcoin at the end of the week ?  

http://coinmarketcap.com/

Btc-e is down. How long until people see it, panic and dump even more?

Any guesses for the bottom?

I'll be staying put whatever but your only real protection is USD, EUR or whatever and very extremely definitely not USDT. Forget every single alt completely and totally.

I believe this is all still posturing. It'll heat up far more as August 1st approaches. Rationality will win out, even if a minority is left far behind. Unlimited was firmly pissed all over by everyone who wasn't paid by Bitmain. This is even more of a fucking joke than that was.

LTC will probably launch tomorrow on Bitstamp.... wondering if there will be a LN releated announcment to go with it...... also I wonder if another exchange may join in too... i.e say Coinbase

Bubble has most probably popped. Get ready for a global crypto bear market.

In the meanwhile, Litecoin is being highly pumped because LTC will be traded on Bitstamp by Monday and maybe something related to lightning network.

I think people may sell BTC for LTC and dump the BTC price a little.

While I'm looking forward to seeing what a lightning network looks like,  it may not be the miracle everyone's hoping for.

They've restricted the amounts you can send to 0.042 and you're still tied to on chain transactions at either end.

Just the beginning of course so there'll be way more to come but theres alot to hammer out.

I am the above (since about 3 months) I do it after work mostly but I actually like it. I can look at the charts for hours in a row and just love to read and try to make some nice earnings each night.

Also placing that leverage 5 short order was a good idea

This is the final shakeout before the parabolic rise post segwit implementation.

Everyone needs to watch this recent podcast

https://www.youtube.com/watch?v=Dcw-1JZPbvA&t=1

We are most definitely going to be seeing 5 figures soon.

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

Good morning Bitcoinland,

I see we've dipped hundreds of dollars. Good healthy correction. Ho hum.
Etc

looks like retest of yesterday's lows coming. Probably will go through; But i dont know if I dare to put my buy order @ 2200
maybe I'll wait until it settles a bit

.

edit> that was fast  finex already below yesterday

That is a lot of money. My money is on sideways, then moon September - December.

A bit of blood in the streets today.
May be another good opportunity to get some cheap BTC.
Altcoin holders are getting extremely rekt by the way. I guess the crying is big among them!

Anyone else enjoying the blood bath? Real Bitcoin holders remain unaffected.

---

The Bitcoin price is holding pretty nicely in comparison to the *rest*.

Man I woke up, saw this thread and thought it crashed to 1700 or so. Then checked and it's at 2300 or so.

*yawn* Going back to bed. Worse things happen in a rain storm.

NAILED IT AB SELLOFF KEEP CALM

I was filled later in the night (finex). added one more lower and now i have another order at 2010.
Taking only small positions, because I know its bearish now and it can go deep below 2000. But in the past, I learned hard way not to short bitcoin, so im jumping in front of bears now making tiny grid here.

Whatever happens it seems some sort of chain-split is inevitable. That's my bet. But I don't seem to be doing anything about it. Which is odd.

going up would be too predictable. I suspect one more big dump down.

I am. 

Easily by this time tomorrow.

Is bcc forming a cup and handle? Cause it almost looks like it. Is it?

Well, my view, (likely dead wrong) is that if/when BTC goes to 10k ...this will be an alt and probably will go back to its ATH of what 800 bucks at worse?

I doubt it is gonna die. Thus, if you hold long enough it should all come out to be even eventually.

Then again, I know zip...just saying.

New ATH again today? Currently at $3430

...you still pay an exit tax.

This is a misdirection to get the USA to think crypto isn't that important. Russia's weak economy can be bolstered if all its citizens bought BTC and they know this. Russia still plans to build massive mining infrastructure

Mining in russia is pretty much the most profitable place to mine

The fight for the last 5 million BTC will take many years and by then the electricity to produce 1 bitcoin will be over 10k even in Russia, and price of BTC probably be at least 100k

A 'DJ' 'investor'.  Invests $100 in bitcoin.  STORY!!!!

BBC 

A very late good morning Bitcoinland.

I missed this morning's bottom but I did catch last night's dip. Now it's back up a little... currently $3885USD/$4740CAD (Bitcoinaverage). AltcoinCash is also continuing to fall, albeit a bit slower... currently $505USD/$616CAD (Coinmarketcap).

I'll wait with my remaining bit of spare cash to see if it bounces back up after hitting everyone's favorite Fib, or if it continues down a little more.

The FUD storm has been impressive these last few days. We all know they love to jump on any correction or other dip to pull out their best FUD to try to fuel a panic.

First it was the PBoC protecting their citizens against IPO scams, as if that had anything to do with Bitcoin. Then it was a single unsubstantiated report from a "source" that China was shutting down all the exchanges. Yesterday it was Dimon calling it a fraud and triggering another round of anti-Bitcoin articles in all the mainstream media. Today it's all about N. Korea mining and keeping a secret stash to avoid sanctions.

What will it be tomorrow? Let me guess. Kiddie porn? Drugs? Money laundering?  

I'm amazed that even some more experienced posters here have joined the flock of bears (baa baa). You'd think they'd see through the crap. How many times do we have to go through this before we learn.

Anyway, thanks to all the panickers for the cheap coins.

Weak hands selling and strong hands buying. Business as usual in Bitcoin land.

Wow. This is a good problem. I sold at $4300 and plan to buy back at lower price but look. BTC is holding. Congrats to all of us. 

What a pleasant little rise... up a c-note in less than an hour.  

Go Bitcoin go.

Nah, "Russia ban" is out of the question. Putin was on TV just now, discussing cryptocurrencies, said "I'm aware of Central Bank's position" , but "it's important not to create too many barriers".

I suspect they will bounce back after the next fork - prices took a bit of a beating when [BCC|BCH] was released and bounced back immediately after the fork. I made more out of the alt volatility than if I'd pushed everything into BTC. Not sure if history will repeat itself though

Thank god she doesn't listen to her idiot father.

I mean J-coin.... really?

Also, he goes on saying that bitcoin is worthless, yet "Governments will someday crush it." So Mr. Dimon, why would they bother to try and crush it if it is worthless? And how exactly would they do that?

And then he says this about fiat currencies: "And a central bank — of course they can misuse it. The central bank [can also] inflate it. So there is a use case for bitcoin."

Yeah we know that you idiot, that's exactly why we like bitcoin!  

One thing to note, we could be entering bubble territory if the price begins to deviate sharply from what mining ROI hashrate supports. By my back-of-the-napkin calculations, that level is right around $4k/btc. And note that the hashrate increases have somewhat slowed as of late. I'm hoping that is only temporary.

Now some of this money coming in could really be institutional hedge fund money, who are taking large long positions. Hopefully they have better long term vision than the millions of kiddies with their $200 overnight bets burning a hole in their pocket.  

How though?

If you short AND go long, sounds like in the end you will end up with 1-2% of loss.

$10,000x$25,000 possible this year >.> tin hutzzz

I feel the same way, and from the outside looking in it must be fucking weird. Free money and people are complaining???

Bitcoin Gold does not currently have:

Fully formed consensus code
Implemented replay protection
Adequate code for testing and auditing
Publicly known code developers

I don't know why but I literally hate to have the free coins from hard-forks...

Anybody around like me?

That jeans You transfered your btc on your before 23 right? Can You withdraw your btc now?

Someone sold a bunch of BCH to buy moar BTC?

ATH @ Kraken!

5311 €

Diz iz gentlemen!

1] to sell BTC now, in case bitcoin+b2x will go down, and after the fork both BTC+b2x will not add up to current price-so it would be cheaper to buy them after that
2] keep my BTC until I get b2x forked coins and then try to dump both as fast as possible, and wait. - the risk is it can drop down much faster before I'll be able to sell.
3] do nothing and keep both BTC and b2x indefinitely, hoping for the best. but i don't want to support any rogue fork or bitcoin takeover attempt.- therefore i would rather be out of BTC completely than hold b2x.
4] get out of all cryptos to fiat temporarily and wait for the dust to settle. (there is a chance alts will go deep down after BTC fork as well as bitcoin.) and reload later.
5] hedge with some alts (diversification) - may be risky as well. Some altcoins may pump hard though

according to an article on motherboard, it's 300 million, not 180.

https://motherboard.vice.com/en_us/article/ywbqmg/parity-multi-signature-wallet-vulnerability-300-million-hard-fork

We still do need higher transaction capacity. The only question is how.

Yes, but that would also lower the required processing power for hostile mining action to a tenth. Also concerns with orphaned blocks and etc which is over my head.

Why is ETH up and BCH down? This market makes zero sense.

I do not know about you people but I am not afraid. We had this before, we suffered many times and we have grown stronger since then. From what I see around this is dumb money (weak hands, noobs) being eaten by sharks who are buying lower.

BCH is no better than LTC hence I am not afraid.

Carolina goes for Bitcoin.

All of them

Let's all pump Doge. Give the dog a chance... Woof woof!

Nope. BTG is nothing compared to BCC. Would not expect anything from this alt. Can't see any future.

Just tuned in.   Strikes me that any programme that illustrates a feature on new railways with a Flanders and Swan song from the middle of the last century is not likely to be hosting a cutting edge discussion.

I am braced and keeping my tea away from my keyboard...

Let us brace ourselves. Fib says we are heading $13,000 in less than 24 hours. If i'm wrong i'll double my giveaways  on street childrens this Christmas.  

The FOMO is unreal boys , even my grandma asked me how to buy bitcoin

JPMorgan Switches Tact, Backs Bitcoin as New Gold
After Jamie Dimon drew a line in the sand for JPMorgan, calling it a ‘fraud,’ the company has once again stepped over that line, praising the digital coin as a ‘new gold.’ Analysts at JPMorgan believe that Bitcoin has changed its shape and that it could soon be joining gold as a reliable, long-term way to store wealth. Recent growth and recent changes have seen Bitcoin lean more towards being digital gold, and this is where JPMorgan see its value.

I have to admit I am confused.  Some of the price behavior looks quite toppish to me, but other indicators I use are very bullish.   

Am I bonkers, or is Ms. McFee bonkers?  (btw.. don't answer that last question it is just rhetorical)

Some pumping on GDAX now. Price dropped about 1K Euro

This is getting hilarious:

http://www.cboe.com/aboutcboe/cboe-system-status



So now they are allowing it to trade up to a 30% before they stop it again. Interesting.

It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after.

https://www.reddit.com/r/Bitstamp/new/

Should we be worried about bitstamp?

Noted!

I think almost all of us here are > 80% BTC vs. < 20% alts anyway. So alts rising (or falling) has only fun/news significance (for me at least).

Now let's get back to BTC... Personally I don't worry too much (yet) about the drop. It was long overdue and it's a breather for the beast. Looking forward to the next upward surge, which I sense will come VERY soon, it will be BIG, and it will be the new FLOOR for next year's rally to conquer 6-digit-land!

I'm staying awake for one more panic...I want blood

What's significant about 24777? I Say Feb 15th or Feb 17th, around Chinese New Year...

Bah.

$20k USD/BTC for Christmas would have been nice 

That sea of red tho...

Wow. Now that all the big whale traders are on vaca, it's hilarious seeing all the shitcoins massively pump again, as these are the only markets that the guppy traders can actually push around to try and make money.

Alts are poised for a boom right now, the only thing that can spoil it is a bull run in BTC price

A late good morning and happy new year Bitcoinland.

I see we've started the new year off right... currently $USD14752/$18452CAD (Bitcoinaverage).

Alts are also up so old coins are now worth $17836USD/$22310CAD (Coinmarketcap).

Let's hope 2018 is as good for us as 2017 was.

Go Bitcoin go.

people back from vacation to cryptowork, nice

Overstock...  http://www.neonnettle.com/news/3565-soros-buys-100m-worth-of-blockchain-technology-to-control-crypto-market
 

In the meanwhile I say hi to the wallers. Sorry I've been out a bit.

Go bitcoin go

Yes, bitcoin is death indeed

Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...

Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...

kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!

....clueless presently...but I'll figure it out!

I came to the conclusion a while back that you have to feel that way to become truly wealthy in this life. You have to become comfortable with that feeling. It's what the rich must feel every single day. The poor and the middle class can't handle that kind of volatility, that much fluctuation in their paper wealth. So they cash out at the first sign of a small profit, or the first sign of a dip. Which is exactly what the establishment want them to do.

The move from 11.1 to 11.6 was on very low decreasing volume..
Bearish.

now this is a post I can get behind

Been a while since we had these.

What was the last exchange hack?

I am thinking Bitfinex but I am pretty sure another exchange was recently hacked but can't remember which ...

Crypto is full of dumb money that doesn’t understand that the auditor quitting means Tether is swimming naked.  I am starting to think this is not a big enough catalyst to cause the herd to run to the exits.  Or maybe this is a slow trickle leak in the dam face, who knows.

Whether it is conspiracy or not, we need to formulate some kind of explanation about why now coinbase is $200 below the BTC market price on the weekend, and in previous weekends it was $200 above.  Could be the network speed is increased, so easier to move bitcoins in and out of coinbase?  Could be manipulation to set an impression that selling is higher than buying - since coinbase is a pretty BIG onramp from fiat(including USD)?

Lets suppose a scenario where everybody wanted to cash out bitcoin and every other crypto-currency, to sell it for fiat, all at the same time, every single holder.

So, 500 billion dollars would be withdraw in a single day.

Do you think the exchanges would have that amount of fiat money?

Same thing with tethers, or with derivatives. Theres not enough money on Earth to cover all derivatives contracts at the same time. And thats how modern finance works. If they work that way, why bitcoin could not?

Bitcoin is a new system of value. What about we invert the relationship?

Instead of bitcoin, fiat will be the speculative asset, and bitcoin the currency. What about it? Would you invest in fiat state-sponsored money? Hey, bears, I just found the market for you, its fiat currencies. Its always going down.

 

Let's also not forget that if this was the old days, people like "Death&Taxes" and "Rpietela" would have the most merit, and both later went on to scam everyone of money o_O.  So just exactly what is the merit system supposed to quantify?.  I think ultra libertarian views might also inevitably morph into some form of nihilism to make scamming people more attractive an option, which is what a lot of the people pulling the scams are.  In other words, you're probably less likely to get scammed by Nazis than libertarians:

yep. Its like a physical pain and there is only one cure. It will be interesting in the next poll to see how the mood has changed here.
I think at this stage. lower is almost inevitable

Bitcoin dominance 34.9 and rising.

This is how we do.  

Edit:  35%.   

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

Guys

Have a plan for both $100k and $100.   Both are possible.  

That is all.

Looks like a bulltrap for me, hope to be wrong tho

Breaking 24777$ prediction game      FINAL LIST       

15/02/2018 starmman

I don't risk bots, just leave buys low and then sells triggered a little higher (or vice versa) to catch a few hundred here and there on volatility overnight, or when I am away from the screen for a while (like when I remember I have a life).

Mainly because you wake up and it's been down and up, but instead of missing it - you've bought a coin, and sold it again and have a few more dollars to buy more BTC on the next dip (or conversely you can set up to sell on the next rise and auto-buy back) if the price leaps up, you don't have to have sells set up.  Or you can set up the other way if you think it's bouncing up.  Right now it's moving around more often than it's moving up to new levels.

Works for me.  It's fluctuating and I am trying to accumulate.  The Stamp chaining cannot buy 1.0 and sell 0.97 at the higher price though, so it's not a way to accumulate coin, only USD - which is not my preference.  I basically use it to play small 200 - 400 USD undulations based upon my preferred MA and lines.  If I buy one under the price while I sleep, cool.  If it flipped up and that coin I wasn't expecting got sold - leaving a profit, fine.

On the way down it helped me not to sob over my stash devaluation to have a play stash aiming at getting more coin.  It saved my sanity to have little victories in the carnage. And I made my cash last longer and got more coin for when it turns.

what you can't see from that shot: there's an Audi 9 inches behind and a BMW has just raced past

Can't you program your trading bots to do whatever you want, or does it depend on the bot and how good you are at programing?

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.

adding to the suspected list of 'gym' goers ( https://www.rt.com/news/418612-malaysia-gay-detector-list/)

We how have:
 cAPS,  BobLaw, JJGee and most likely jojo0m0

please confirm..no BS now

you must be a bot

A starbot

I am happy with a few orders filling in a day, and I am thinking that in the future, I would likely be happy with a few orders filling per week.

I also don't play around with margin trading because it seems too risky, just on the face of it seems like a kind of gambling to me, unless there are ways to just employ it as a hedge... but seems too complicated for the most part.  

Largely, I am happy with just preserving the status quo of my BTC holdings (which I guess is mostly just an attempt at preservation of principle) and counting on long term BTC price appreciation for accumulation of wealth, rather than practices that feel like gambling (and certainly any kind of margin trading would feel like gambling to me).  

BTC dominance is rising.

Good!

good lord

are we watching Ethereum die?

Btc dominance is going up good signssss

Good morning Bitcoinland.

A new week is upon us and a new year (lunar) and we're back up over $11k... currently $11219USD/$14108CAD (Bitcoinaverage).

Maybe this time we're ready to leave $11k behind for good and keep moving on up.

I wanna see a serious rise before I'm forced to sell some coin in a month or so. Go Bitcoin go.

Don't you think Bytecoin belongs in this list too? It's name was probably chosen in order to lure in newcomers who wouldn't notice the difference between Bytecoin and Bitcoin.
When I first started with cryptocoins, I remember people calling Bytecoin a scam because of a big amount of pre-mine I think? Not sure.... nevertheless I see that the price has some possitive action the last months so I don't know.

Huge motherfucking wall after popping up on stamp at $10100

And now another @$9400 on the buy side. Probably the same guy/group.
Much manipulation

For me that does not make a whole hell of a lot of sense - even though it is possible to work to the extent that the price of BTC and alts are inversely correlated.  but sometimes they all drop together, which is why the dollar/BTC pairing can be helpful. 

Perhaps jbreher plays some of those various pairs, but I think that whatever I am saying is kind of ruled out when you start adding various other cryptos as your pairs, mostly because of the extra questions of the lack of a straight line performance of the other crypto that is going to bring extra volatility and even too many additional uncertainties that vary from cycle to cycle.

I know that each of us have our own systems, so it probably does not matter any fuck what I say, because your mind seems to be already made up to trade certain other crypto pairs because for some reason you see some kind of disutility in holding dollars. 

Personally, I understand that the long term certainty of the dollar is that it depreciates in value; however, in the short term, the dollar is way the fuck more stable than any alt coin, including LTC or ETH, and part of the reason for dollar pairing with BTC is to get in and out of crypto volatility and to play it off of the dollar

To me, you seem to be adding a certain unnecessary level of additional risk and additional unknowns in terms of what the fuck those two crypto projects are doing. 

But ultimately.. whatever floats your boat... but it seems more removed from my system when you add more variables of uncertainty that can kind of negate the more focused BTC/USD approach.

Ugh.  Bitcoin.org is down.  Spat with Cobra?  In any event brace for FUD. 

Seems to me, half of you guys didn´t claim the forks. Get on with it. You´re missing out !

I'll just leave this here.

http://people.uncw.edu/kozloffm/glubb.pdf

That confirms my suspicion that we have not shaken all the weak hands yet. $20K can't happen before properly doing it so better now than later.

Next bounce plays out like the original glade, just scaled down slightly?

Buying/Short Closing Guide:

-Wait for a fall of at least 50-70% off the bounce (4-6k)
-Switch vol to 12hr and look for a spike that recalls Feb 6

Let it run back up to 8.5k

-Wait for a fall of at least 50-70%
-Enjoy life during 4 years of winter

This is one of my favorite altcoin fails. From $27K to $27M and all the way back down.

bull or bear

I think the craziness will start in 3h... 2h... steadfast to our hats, gents.

How low’s it gonna be by then though? I’m sensing a drop to $5xxx which would suck!

Oh whoops. Yuh a tear in the veil.
Sell you a karma for 5 virtue?

Tomorrows European Blockchain Summit will impact on bitcoin price. Actually it is already increase bitcoin price for few % since yesterday drop.

I kind of agree, but I still think lots aren't reporting at all.  I called my accountant ahead of time and he said that unless they send out official 1099s from an exchange he wouldn't worry about it (as if it were a joke to file).  I then explained that I did receive a 1099 (from one exchange) and had a compiled a 319 page 8949 using API software and bottom line figures  (which had a few missing cost basis items from a DEX and a wallet but whatever, I may have overpaid a couple of hundred dollars.  The perception is, right or wrong, that people will continue getting away with it.  I'm more afraid of getting future audits years from now over getting caught now that I feel like because of the things I've read online, his reaction, and the sheer amount of effort it takes to even create these forms.. that most people won't know it is required, refuse to do it, or won't know how to with no one to approach including most accountants.  The timing though does line up with your statement though because I just today wrote a check for the amount of taxes I owed.. and even though I think the number of people who waited til today or Tuesday is in the minority..  I am one of them so my logic may be flawed.  

Good Lord this is a tough crowd tonight (this morning ?)

Fine. Here's some more TA. We've exited the Inverse Bart.



Fucking happy now ?!??!??

In last 24 hours, out of top 100 coins (according to market cap), only six are red. Three of them are scams, one is Tether, and two are those which have been massively over-valued in the past few days. Same stats even if last seven days are considered.

It's always awesome to see Tether in dark bloody red though.

Well, I see Bitcorn dun shat its breeches overnight.

Dagnabbit...

We are busy doing some (very cautious) bargain hunting.

That's my bet. And if I am wrong... I'll just wait until I am right.

Market fear is increasing  



https://alternative.me/crypto/fear-and-greed-index/

July 23rd

Local moon rising over the coming weekend followed by end of the month consolidation.  

I guess I'll post one of those wall observer posts to keep the admins happy.

Looks like the orders going up at 7k are fairly organic and high.

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

The only way to win is to HODL all the way up to at least $50k. At least I'm not selling a single satoshi until then.

Confirmed. Bottom is being held up.




Sometimes I feel like my biggest contribution to this thread is butt pictures, but I guess that's good enough.

Funny story. I was mumbling to Rick just earlier today about "Well, if we're in a fucking bear market, maybe I should sell some Corn and re-buy when it goes lower."

Price was dropping down to $5,800 when I grumbled that.

Rick's all like "Fuck that man. You're retired. Your stack is too high. Don't risk it."

I shit you not.

30 minutes later, big-ass spike back above $6k.

You can all thank Rick for me not doing something stupid, like taking a dump, I guess.

IMO btc maximalism is bad for crypto...

Isn't steemit the most used blockchain in existence?

According to Tone Vays, smart contracts shouldn't even exist, would you agree?

Lately, when I see green candles I've started drinking Glenmorangie (any other good suggestions?)
Anyway, green candles, keys control and the rest. Good.

02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

list 24777

Bitcoin died. I read it in an online news article.

The price is under $10k.

 

Great buying indicators.

I again took some of the market. Just can't resist at these prices even though I got 10 times as many only a few years ago. Starting to feel sorry again for the bears that just sold them to me.
What is it you don't understand about Bitcoin? It is never to late to start educating yourself.

CNBC's explanation for the bounce   

https://www.cnbc.com/2018/07/16/bitcoin-jumps-after-report-says-blackrock-exploring-cryptocurrencies.html

It got even bigger than this then poof disappeared. All mouth and no trousers.

I had to laugh hard on this one!

Finex should be banned from Bitcoin by the way

Just some humor in this bloodbath we are currently in.

also remember * every BTC sold is a BTCbought
                       * from here also the next 24h are very critical
                       * also need to follow every action of bogdanoff
                       .......

We are mooning by 15'th October 2018 

Is LL, HL, LL, HL actually a downtrend? We have been exactly $300 lower than our lowest low in Feb. We are now in Sept.

THIS IS NOT FACEBOOK DUDE!!!

Should I start swing-trading?

How many times did we now exceed 7k for 1-2 days just to fall back to 6-6,5k ?

My next hopes are set out for the Halving in 2020 ...

56,1% dominance! 

Yes, if it was pre-mined it's a shitcoin in my book.

Dogecoin was started as a complete joke. But it was done so openly with no BS. Many will put it in the shitcoin category just because of that. Some because it's merge mined with Litecoin. But it's still has one of the most fair launches of the top 20 coins. And it was used to donate to the Jamaican bobsled team to get them to the 2014 Sochi Winter Olympics. And you have to give it points for that.

Nice pump. If the sheep follow up, we may make it to $6,700. But it all looks very tired now.

Tether is slowly losing value against the US dollar.  You can see the premium on all USDT exchanges.  It will bounce back if BFX fixes its banking issues and sink further if BFX cannot.  Happens every time there is Tether FUD. 

November = historically bullish for bitcoin. Check it out:



Bitcoin Price May Break Three-Month Losing Streak in November

https://www.coindesk.com/bitcoin-price-may-break-three-month-losing-streak-in-november/

Now you mentioned it, My hat was pure crap. Not the design itself but my Wojak avatar.  It didn't fit in that square so i took it down. :/ And too lazy to ask for a new hat. :/

When scammers like Ver, Wu and Wright decide to make Bictoin centralized, they make forks:
BCH - fake real bitcoin
BCHSV - fake real fake bitcoin
BCHABC - fake real real bitcoin
BCHABCBU - fake real real fake bitcoin
BCHABCEDF - fake real real fake real bitcoin
BCHABCEDFSV-  fake real real fake fake bitcoin
and so on... to
BCHABC...XYZ

If I had the balls I’d sell EVERYTHING now & buy back in about 2 weeks at $2000 massively increasing my stash.

I can’t do it though.

OK guys, a little advice. Now is the time for you americans to gift up to 15k worth of btc to family members for tax purposes before we go up again.

https://medium.com/altcoin-magazine/6-ways-to-avoid-capital-gains-tax-on-your-bitcoin-transactions-cdea03e17eb4?source=email-1e154d444ca3-1542733274163-digest.reader------0-49------------------d338a09a_bbdc_4a82_b815_fc3f6a926863-1&sectionName=top

BTW looking at the charts were too gross, I'm off to hotub.

Try to recoup something on the poker tables today. :}

Bitcoin's hash rate is dropping considerably right now.. bit concerning because it drops too fast the difficulty adjustment may never happen. Actually difficulty adjustment is an intrinsic threat.. if ever bitcoin had to go through a hard fork, that's something I'd fix (not sure I'd hard fork it though).

Some people consider IXcoin a great "testnet" for Bitcoin in regards to running a blockchain, incentive for only tx fees, since all coins have already been mined.
According to the website:
"All 21 million coins have been generated (April 2011 - October 2014)"
Strangely though the chain is still generating 1 coin block reward. https://chainz.cryptoid.info/ixc/#

You ain’t gotta proove nothing man....
Keep on your good trading
And give us something bullish

That looks like a train filled with seasoned bitcoiners to you? LOL

I don’t care who buys. Everyone’s fiat is welcome here. Go into the light my children, all are welcome, all are welcome.

3500 didn't hold for too long - rally continues to 3600? Wee!

yep I'm out..the only thing 'remotely' profitable is my 4 plus year old knc Titan scypt miners in the basement ..for heat. (lossing $25 a month but with heat calling it a draw).

that will continue till middle of april when my electric rates go up from winter rates of 10.14c kwh to 15.3c kwh or maybe more with a price increase. The titan as an asic

has a 'fluke' in that it can mine a scrypt-n coin vs just scrypt like LTC. Thus this works for some folk better (with less electric than myself) running Fujicoin (FJC) a BTC clone.

Go figure, but yeah kinda fitting that the last thing I will turn off, is the 4 year old knc titans.

A buddy with a data hall, with paid off and underclocked bitmain L3+ scrypt miners says that with electric rate hikes on such, LTC needs to go up 30% to 40% in price for

any mining at summer rates. I think he said with Bitmain S9 miners (BTC) it was kinda the same..but perhaps 25% increase in BTC price would pull that off, I'm unclear.

That will also be the time that mt. gox is gonna dump BTC back to the masses.

But yeah, looks like there is plenty of BTC and crypto out there of any flavor..so folk need to HODL more and/or adoption has to come back with price or this could get even more ugly.

brad

Thanks for posting!
I expect it’ll be rejected like every other one before it. That damn SEC doesn’t want us to all get rich!

What the fuck is a green? Is that the rumored color ?

rebal 15 years old
Holds 15 dogecoins and 15 potato coins

Less than a decade ago, 10,000 bitcoin bought you a pizza. Today, 10 will buy you a car. Five years from now, one may buy you a house.

  

#HMcreatedBULLsentiment

Cold over here - but not wet for a change

Thanks for fixing it - I couldn't figure out why I couldn't get it to display.
Incidentally, I also corrected the cardinal direction in a stealth edit. First coffefe of the morning, dontchaknow.

Thank you all for commenting on the age, I wanted to know if at the party of the 100k I would be only in the luxury geriatric.

Ok. Disregard. Winds are shifting.

$4,100 by the time I wake up in a few hours, with any luck.

Nite, HODLers.

WEEKEND-PUMP ??!!!!!!!