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11301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2017, 05:18:58 PM
LTC gets segwit = +400%
Random shitcoin gets segwit = +300%
BTC going to get segwit = -20%

The non BTC Segwit pumps were all about them becoming 'Bitcoin killers' as the daddy didn't have it.

I'm not sure how much traders actually care about scaling so the price effects may be underwhelming despite how important it is. And we're still not 100% sure in what form it's going to be implemented.

11302  Economy / Speculation / Re: Can money flow from crypto into fiat in large amounts? I don't think so. on: June 27, 2017, 04:59:58 PM
Anyone with a significant amount of crypto profit and a modicum of sense should be selling OTC.

I certainly would not trust any exchange with large sums. And I wouldn't trade any alt into large sums. I'd dribble it and only places that worked properly.

There are enough reputable brokers like Grayscale and Cumberland Mining. I assume there are some for ETH too, but not any other alt.

As for the banking bit, I'd sound my bank out first. If they had a problem I'd take my business elsewhere.
11303  Bitcoin / Bitcoin Discussion / Re: Is the current price drop considered a normal phenomenon? on: June 27, 2017, 03:54:54 PM
Yup.

If you can't take it then park yourself at the sidelines. The price always goes in cycles of hype and despair.

You didn't think it was going to continue going up for all eternity did you?
11304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2017, 03:51:08 PM

I figure that since most altcoins are bought with Bitcoin, noob suckers buying into the alt bubble drove the price of bitcoins up, buying them with their fiat.


Aye, I'd say that was easily the biggest driver, especially on Localbitcoins.

I wonder what the aftermath of this alt bubble will look like. Essentially nothing much has been proven or established by any of them still. It's even more empty hype than before with the added extra of a potentially humongous price collapse.
11305  Other / Politics & Society / Re: Do you trust the United States of America? on: June 27, 2017, 03:39:13 PM
I don't trust the USA. But it's clear there is no actual government opinion there. The US government does what transnational corporate interests want it to.
11306  Economy / Speculation / Re: A big old correction going on... on: June 27, 2017, 03:05:45 PM
I don't think anything at all guarantees a big rise. Perhaps segwit is now so expected by everyone that it's already been priced in. It was always going to arrive somehow or other. It's just been stalled relentlessly.

People probably underestimate the effect of an ETH plummet. People will look to escape and a regular route is BTC to dollars.

11307  Economy / Speculation / Re: Barclay's discussing how to implement bitcoin on: June 27, 2017, 02:18:15 PM
If we assume a decent number of people end up using Bitcoin and friends then there are gobs of money to be made by banks in that space. The need to interact with fiat is never going away. There's money to be made processing it, storing it and converting it.

I do wonder whether they'll have the balls to acknowledge that Bitcoin itself isn't going anywhere though. Someone will eventually.
11308  Other / Politics & Society / Re: Do you believe in the Reptilians? on: June 27, 2017, 02:04:43 PM
Reptilians are Jews. (mostly)

They are smarter than the average person and they constantly think about the ways of making more money.

Actually some studies say, Jews are hybrid Reptilians. I mean, not every reptilian is a Jew, but every Jew, more or less, is a reptilian.
http://aryanoccultnation.weebly.com/jews-are-reptilian-hybrids.html

Ah, Jew talk. What a refreshing surprise for this forum.

I remember reading somewhere that a few Israeli nutters wanted to develop an ethnic biopweapon that would target Arab populations.

They felt sad when it was pointed out they basically had the same genes.
11309  Economy / Exchanges / Re: Something bad is happening at Poloniex on: June 27, 2017, 02:00:20 PM
when bitfinex (which is a real big bitcoin exchange not an altcoin exchange like polo) was hacked price only went down about 30%. so if poloniex gets hacked it will be the same as cryptsy and have so little effect on bitcoin.
don't believe $1300 is ever possible again. it would be nearly a 50% drop!

I dunno. Poloniex underpins the entire alt bubble. There must be more BTC tied up there along with the majority of certain coins. It would be like an entire section of the crypto economy disappearing down a black hole.

That would have repercussions for BTC.
11310  Other / Politics & Society / Re: Do you believe in the Reptilians? on: June 27, 2017, 01:55:44 PM
I do not.

This type of thing is a gift from heaven for the standard humans to get up to horrible and nefarious things while others obsess over utter lunacy.
11311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2017, 09:43:24 PM
I pledge to shit my pants when BTC hits $100,000, and again at $1,000,000. And hopefully it won't be due to incontinence.

I'd be slinging my shit out of the window of my monster truck at all the plebs out there who were too risk averse to give BTC a whirl when it was on sale.
11312  Bitcoin / Press / Re: [2017-06-26] Barclays Want UK Government to Regulate Bitcoin on: June 26, 2017, 09:41:08 PM
What extra regulation is required? There's the usual KYC/AML stuff. Perhaps it'll be something to do with custodial requirements for exchanges and so on.

It is a little odd that there isn't one single bit of crypto legislation in the UK considering the efforts elsewhere. Perhaps that's a factor in banks being so crypto averse.
11313  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: The main stock exchange of altcoyins? What exchanges do you observe? on: June 26, 2017, 09:35:49 PM
Poloniex is the obvious one. That's where the volume and the action is. However I would not choose to actually use it considering its current unreliability for certain people.

Bittrex is the one that operates with the least problems as far as I can tell.

However it's easy to forget that the fiat exchanges have alt pairs as well like Kraken, Gemini, Bitfinex et al.

What the hell is Livecoin?
11314  Economy / Speculation / Re: Will the Italian bank bailouts start people buying Bitcoins? on: June 26, 2017, 09:30:52 PM
Since no bitcoin was mention in the news i think they are no plan to buy bitcoin since the price of bitcoin today from the past few days the price was drop almost $400 if they bought a bitcoin it can be affected bitcoin a lot and increase its value.. Almost 19 billion if invested to bitcoin it can increase 20% or more with the today price..

If 19 billion was spent on Bitcoin over the course of the next week the price would probably rise to far over one million dollars each unless enough people broke out their BTC to sell. Don't confuse market cap with real money.
11315  Economy / Speculation / Re: Will the Italian bank bailouts start people buying Bitcoins? on: June 26, 2017, 08:58:46 PM
No. I'm sure no one in Cyprus or Greece bought any Bitcoin out of necessity. It was an excuse for the same old pumpers to have a nice pump.

If anything comes of this it'll be the same. The EU isn't like Venezuela.
11316  Other / Politics & Society / Re: 4chan Has A Plan To Shut Down All The Creepy Children’s Video Proliferating in Y on: June 26, 2017, 08:55:30 PM
Pah, terrestrial Uk TV used to broadcast full on peado fodder in the day time - https://www.youtube.com/watch?v=yqNAIyLPsb8

What is 4chan's record for social good? I though they were just a bunch of piss takers.

11317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2017, 04:59:34 PM
It dipped down to $2000 a few weeks ago through panic selling, and a week later it was back up to $2800. The panic sellers from a few weeks ago must have regretted it, and today's panic sellers will probably regret it.

There's no particular rhyme or reason to any of it. I wouldn't want to be in the mind of someone heavily shorted or longed at present. I assume there's not much going on in there other than screeching.
11318  Economy / Speculation / Re: I feel we are in a mini down trend for a maybe 3 weeks to 2 months. on: June 26, 2017, 04:48:46 PM
I think Bitcoin is likely to have a rather sexy winter if we see some real technical progress both proposed and happening. Until then it could be pretty sporty.

All bets are off for the alts. I have no idea what any of them are going to get up to. Reason checked out there many moons ago.
11319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2017, 04:35:19 PM
Can someone explain Why this aint stopping?

Panic begets more panic. All it takes is a handful of people to get the ball rolling.

Is Bitcoin any worse than it was yesterday? Nope. It also isn't any better than it was when it was under $1000.
11320  Economy / Collectibles / Re: [WTS] [Experiment] Auction of an unfunded 1000 BTC coin on: June 26, 2017, 04:30:22 PM
They are desirable, but definitely not 14 BTC desirable to me. Even more so when future BTC appreciation is taken into account.

How many gold ones are out there in total?





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