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I don't see why not. One of the odd things about this price level is that the drops and rises don't seem to be reducing all that much percentage wise. It can shed or gain $100 just as quickly as it used to get rid of much less.
I would not be timing buys and sells with the expectations of certain prices though. It's a very weird market at present.
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I've always fancied a gold coin just to lick and sniff. I think I'll wait until I can get one for 0.1 BTC. I've seen quite a few people on here turning many bitcoins into one ounce. That would piss me right off. Bitcoin being higher than the gold price per ounce is a completely arbitrary way of measuring the two.
Correct. But many people are fucking stupid and they find it a meaningful figure no matter what. |
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Umm, no.
The reason it was deleted is that it's years old news. And they chose Ripple in the end.
All Mijin did was submit some type of application.
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Pulled out my bitcoin app and it was defaulted to Kraken. I noticed the price high was $2589. Some crazy anomoly from the looks of it.
You sure that's the USD price and not CAD? Current CAD prices at Bitcoinaverage are $2539 global and $2648 CAD index. I always quote global prices. It was a fat finger 1000 BTC buy. Why anyone would use USD on Kraken is beyond me. It's a very creaky set up over there and as that price demonstrates rather thin. |
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That might happen, but it will take very long time and people might move to altcoin.
I think if its ascendance was genuinely and truly in question you can bet your arse people would stop posing and try and come together in no time at all. You can't sit on your laurels when they're on fire. |
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Everything crashes eventually, however many here are suffering from the usual scale blindness that seems to blight this place.
Poloniex is probably the world's biggest exchange in terms of volume, not that it really means anything as hardly any of it leaves the exchange, but regardless of that it's currently buckling under the weight of over 40,000 users online right now.
Lets see that figure again - 40,000.
That's the population of modest market town in Belgium or half a football stadium. It could easily add 1-200,000 more without the rest of the world taking any notice. All these bubbles could go up another 10-20x yet. Dumpers might be eaten alive by a wave of newcomers.
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Who are you to define anything as spam?
A widely respected yet similarly feared poster of wonderful thingies for multiple years now. When one address is sending thousands of transactions spaced a few seconds apart with piddling fees then I don't think that's a coach party all trying to buy coffee all at once. |
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Yes they can. You don't have any coins until they're in the your own wallet, until then it's an entry on a ledger. If they feel the ledger went wrong then they may well nullify the order.
Mt Gox did this as did Gemini.
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With the number of unconfirmed rising rapidly now, and fees up above $1 and rising, a lot of Bitcoin could become locked out circulation, artificially shorting its supply. So the market is being denied a bunch of $4 sells? Poor market. It will forever lock up a lot of dust but even if capacity immediately doubles or triples I think the spammers now have a taste for it. Fees won't ever return to peanuts. |
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but it wasn't intended from the launch that it was going to be expensive either, satoshi admitted also that was ok to do non-fee transaction, as long as there is no spam, bitcoin can be suited for micro transaction but require to be upgraded or fixed put it like you want
It was also very hard to foresee what would develop as Bitcoin grew bigger. I get the feeling that mining pools were completely unexpected for example. Regardless of that the current situation is completely artificial and preventable. However it should've been prevented in 2010 with a scaling solution that looked to the future. There were dissenting voices about 1mb the moment it was introduced saying it would be incredibly hard to change in the future. How right they were. |
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Maybe look into a Visa or MasterCard funded with Bitcoin like the Xapo one? That opens up your choices massively. I don't really see the point of settling for a deal just because it's payable in BTC when there are probably a million better options out there with fiat.
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Bitfinex's USD issues and the Chinese market closures have distorted the functional ones badly. I think that's probably the major factor for the rise beyond $1200. It's possible that by the time those issues have been resolved the price will be new normal but I wouldn't bet on that.
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I think she's making a big mistake. Love doesn't last, people drift apart and change over time. I think in 10 years she will be regretting her decision.
Even if the relationship doesn't survive, she's doing herself a vast favour by abandoning imperialness. It must be a giant pain up the arse having your every move scrutinised and having to be interested in some granny's flower arranging when all you want to do is get stoned at home and play GTA V. |
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If you feel they don't deserve it then abandon Bitcoin or refuse to transact until it falls. Enough other people seem to be willing to reward them.
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It really needs to get on the bigger and better exchanges. I suppose it'll need to reach and hang out at the top for quite a while before it does.
It's looking epic for the future at present.
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Ok who the fuck was dumped lots of XEM? It falling down from 11,5k sats to 9k sats now.
It not far off doubled in the space of a few hours. Nothing that sharp sticks for long. |
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How prescient of them to sniff around the banks. Chuck in the recent super legitimacy in Japan, the XRP pump and the stars are aligning.
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