The fact people aren't migrating away from Coinbase en masse tells me something about people--they're mostly a bunch of apathetic wankers.
While I agree with the sentiment at least coinbase have stated upfron that their customers will have access to coins on both chains. For me the bigger issue is bitpay - and their power to force transactions onto one chain or the other, and asfaik they have not rolled back from NYA as yet. |
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I just checked poloniex today and btcprice went don't to $5506.28 so that would be -$500 dive. Is this because of the upcoming fork? Can somebody enlighten me what could be causing this?
BTG is pump price a lot so that it is normally to dump hope not back to 4,000$ range It won't happen. Now seems the price to be stable at around 5500 dollar. And as there will be another fork in November the demand for Bitcoin will remain high and the price rise will continue. This remains largely unknown. The coming hard fork you refer to seems to be the most nervous moment in the last few years. Bitcoin Cash released earlier in August was nothing but a minor aberration in this regard. And when the market becomes nervous and undecided, the price usually goes down. As much as I myself want bitcoin to rise higher, to 7000$ and beyond, the deep plunge before the hard fork or soon thereafter remains a possibility which no one should discard as completely irrelevant. To put it simply, the November hard fork is not the same as the one which happened in August and led to Bitcoin Cash turning up. As long as you hold both coins and work to separate them by tainting a transaction and moving your coins between addresses you control, it’s exactly the same as the fork in August, only you the user need to take some action (tainting to protect yourself). Mining power will ultimately follow the money. Users will use whichever coin offers them the most utility and traders will follow the vol. |
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Or as this is better described “We got a call from our “shareholders” and are required to do this” |
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Yes and so is the Internet, and freedom in general. EDIT (given the news source I assume when they refer to bitcoin they actually mean BCH) |
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someone in Europe has bitcoin to sell - for whatever reason
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Interesting someone’s deleting posts Cowboys and the fact that dumps take place around about the time that Eastern Europe opens.
We're all super impressed. MP is our god. Can we move on now? Interesting that it was your post that got deleted - self edit? |
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Interesting someone’s deleting posts Cowboys and the fact that dumps take place around about the time that Eastern Europe opens.
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If you take your profit And buy lower now..
You Will get your btc gold...
The thing is you need your btc on the dat When te fork happens
Right?
That “and buy lower part” looks like it might get a bit tricky  |
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Gdax was a sea of green - now some red at $5300 don’t think I will last long
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Best time to convert your bitcoin to a worthy altcoin? I guess its enough crash for the alts now... time for some recovery!  But if you sell your bitcoin you won’t get your bitcoin gold - oh the dilemma.... |
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Mention them and they will come
Rockets and Trains successfully summoned
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I think bitcoin is destined to reach 10k and probably considerably higher but I think we may have to wait until at the earliest of autumn/fall of 2018. I think this years gains have been quite remarkable but that they will not be repeatable again next year.
This would be the safer route to long term adoption, but bitcoin’s value is driven by a network effect - the faster the price grows the more people get on the train and then the faster it grows. I hope we don’t see 10k until late 2018 early 19 but I think it is more likely we see it in 2nd qtr 2018. That said if we get a massive dump post 2X all bets are off. It will take BTC a long time to come back from a proper crash as more people will get burned. |
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overbullish anyone Wait for the trains and the rockets. |
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Putin mouthing off on Crypto at the moment
Russian regulation incoming
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Not bubble yet - check out woobull.com for why, examine also google trends
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I'm getting an upgrade in November. What's the best out there? Samsung?
Google Pixel 2 It’s the one you already have - there is virtually nothing you can do on a brand new smartphone that you can’t do on a model from two years ago. If you need to just get a new battery fitted |
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Hey guys, the stock market is going to go up forever! The public is sure of it.  Interesting, even the huge economic catastrophe of Lehman Brothers et al. back in 2008 did not push it down much. Oh, yes it will go up forever!  As far as I'm concerned, the only good thing that came out from 2008 is the Bitcoin White Paper. Bitcoin deserves that kind of steady growth, s&p500 will collapse eventually cotton pickers? ..i still hodl Lehman coins  lol The S&P500 contains survivors bias - failed firms fall out of it and are replaced. To the extent therefore that corporates make returns on equity and pay out less than those returns to shareholders then yes on average the S&P goes up. Also as the USD devalues the value of "real assets" increases (including stocks) and so the S&P increases as the USD is devalued. The S&P only falls to zero if the value of the biggest 500 corporates in America falls to zero |
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Look at the life and times of Zhou Yongkang and ask yourself what mechanism you might have found to extract illegally gained wealth beyond the reach of Chinese authorities during the anti graft crackdowns of late 2013 and early 2014, how much money you might have squirrelled away and how long it might have taken to cut your position.
This is all speculation of course but the timing of the 2013 Bitcoin boom sits well with the graft crackdown - and it would also explain why senior figures in the Chinese communist party might have a reason to punish bitcoin
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Did anyone fail to notice that we only got beyond 2013 price levels when China was shut down at the start of the year?
If the Chinese zero fee exchanges still existed we would be nowhere still. The rest of the world slavishly followed them for whatever reason even though it was four teenagers and their bots. As soon as there was a rise in the West, China shat on it and it was back to square one for weeks or months.
We only managed a new ATH because China was out of the game. When it came back into the game it was just another market that the rest of the world wasn't paying much attention to.
Bitcoin's price would never reach its potential with China in the frame. It has no purpose or use there other than gambling. We're well rid.
confirmed |
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Going to go with "so the f*ck what" and "good luck with that"
Hey, I'm a long HODLer. I'm just sayin', these swings be causing really bad gas and stomach cramps. Worse than eating at the DQ in Butte. I know sir , Interesting Survey today lendedu.com/blog/bitcoins-role-in-the-American-economy/ Covered 1000 Americans 78.6% had heard of Bitcoin 10.69% incorrectly believe owning bitcoin is illegal 47.71% weren't sure if owning it was illegal or not 85.37% have never owned bitcoin So let's get out there and educate our American friends that bitcoin is not and has never been illegal. And get that adoption number up out of the low teens. |
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