I don't know how some of your guys stumble upon your avatars but it's getting really difficult to find the remaining few I need to complete the set. Case in point: poolminor https://pikabu.ru/story/seksologiya_dlya_detey_5245732 I don't judge, I just make hats.  Avatar-sized  And here i thought that his avatar can't get any more disturbing, i stand corrected |
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I'm not sure what is going on ATM. Something weird is afoot.
Bitcoin is crashing. We're all going to die. Time to start acquiring a taste for canned dog food. Practice this phrase: "do you want fries with that?". Full billionaire mode is on  stocking up on cash in preparation for that bcash fork in november, there's only one way they can fund their games |
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The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused. Bitmain has been bcash's life support from the beginning, and they started to run out of bitcoins to support bcash. Going IPO means they're raising more capital, which they'd undoubtfully burn to continue propping up bcash. |
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56,1% dominance!  |
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Everyone has been extremely bearish. Could be a bullish sign, as Theymos mentioned.
At any rate, I can't imagine us going below $3K.
LOL, I am pretty convinced this shit is going sub 1K. Years from now and it will be remembered as a scam of the century, it actually is, admit already that all you are waiting for here is just new bunch of idiots with student loans. No difference with 2014-2015, but this time it will never hit even 10K. We all thought bitfinex is evil and doing disservice to bitcoin, but Bitmex is worst. We should avoid bitmex. It will be the end of bitcoin. That exchange will squeeze every penny you have. Hayes greed is insatiable. Look at that face. Damn greedy bastard. Bitmex is scheming and scamming all traders there. Now it control significant amount of bitcoin and look at what its doing to the crypto community. Even lunch money will be stolen from you by that greedy hayes. We need to stop bitmex now. or else its death for bitcoin. Ohh noes! You mean bitcoin will die?? Good thing we never had an exchange go under before, or bitcoin would be long dead! |
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Everyone has been extremely bearish. Could be a bullish sign, as Theymos mentioned.
At any rate, I can't imagine us going below $3K.
LOL, I am pretty convinced this shit is going sub 1K. Years from now and it will be remembered as a scam of the century, it actually is, admit already that all you are waiting for here is just new bunch of idiots with student loans. No difference with 2014-2015, but this time it will never hit even 10K. But what if i'm waiting for retailers to start accepting bitcoin so i don't have to loose money on FX every time i go to starbucks outside the country i live in? Then your whole presumption kinda falls apart doesn't it? |
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I’m going long if we get under $6k.
We will, and then subsequently below 5K, and then perhaps another rise before the next trap. Sub 2200-3K in our future. There will be many more short term trading opportunities during the next 5 months. The major pattern relies on the halving. Reward-Drop ETA date: 22 May 2020 02:07:54 https://www.bitcoinblockhalf.com/Bottom predictably in around Feb-March 2019. By all means BTFD, but also plan on a longer accumulation time, you will have 12-13 months worth of accumulation time before we reach this level again. These are my opinions based on 5+ years studying the patterns of many crypto currency markets and understanding the math and fractal patterns associated with markets. You could always just go with Roach's plan of Exter's Pyramid and place gold as the end all of investements; or was it silver now as the better investment strategy? Meanwhile edityou can everyone else can stare at my balls...  Nope there's war in bcash land. Wars are expensive and all sides are sitting on sizable BTC stashes which they're liquidating to fund their little war. Get some popcorn enjoy the fireworks, BTC is just getting a bit of an aftershock from the nuclear blast that about to go off in bcashlandia, the silliness should end in November after they strangled each other, as in either case the looser will start dumping their bcash reserves |
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Only ~280k BCH have been mined since the end of March. Plus, they have stopped only accepting BCH for their equipment. Also, they now have competitors that are putting out better equipment then they are putting out. I doubt that they have accumulated 1.2 million BCH. They are strapped for cash and it does not appear their IPO is going to go over very well. I really doubt that they are in any position to attempt to buy more BCH. However, BCH has a few more billionaires who probably do have the resources to bolster the price of BCH. I'm afraid antminer's days are numbered unless they can get something going their way ASAP.
Ok your math checks out. So the increase in BCH from Dec 31 to March 31 is ~162,00 for mining. 214,000 - 162,000 leaves 52,000 acquired by other means. Hardware sales of 52,000 x $1500 average price = $78 million in sales in first quarter? I don’t know if that is realistic or not. this is a good article on the topic. they made a good deal of BCH from sales of ASICs. https://medium.com/@btcWolves/a-bch-update-bitmain-bch-the-ipo-what-it-all-actually-means-354220b86ac3Bottom line the trend is clear, their BTC reserves are going down and bcash reserves are going up. Only one of those two is sustainable. And trends point to their BTC piggy bank already being exhausted. I'd love to short that turd on day one if they actually find enough idiots to carry them into IPO with those books. (How about we dump $10MM into illiquid market that we control thus bringing up our pre-ipo market cap by few billions! genius! Now who wants to buy these?) Can't wait for the news, first blockchain IPO flaps on the opening day and "bitcoin" will die one more time |
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Really hope that’s true. It would definitely be bullish for the price of bitcoin. Kinda checks out with my maths This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.
Feel the wrath of Bitmain!
Whale?  According to their pre-IPO deck (has it been confirmed? proudhon??) they went from BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164) that would last them till August 12th  thnx for playing |
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BTC vs ETH  So he took off his shirt but then still managed to get it in the water with him brilliant! |
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There are currently a lot of shorts being placed on bitfinex at the moment, 50 percent increase after tether printed some 100m $ to bitfinex, I see these shorts being liquidated in the coming days and it's going to push the price of bitcoin to the 8500 to 9000 range before mid-month
Why are all of these new accounts start spreading FUD about highest shorts all of a sudden? Longs $467,971,392.10 ~53% Shorts BTC56,544.60 $412,775,580 ~47% https://www.bitfinex.com/stats |
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Looks like a random number generator by a site trying to sell financial advise. |
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It's a false dilemma. CSW doesn't have to be Satoshi to realize Satoshi wasn't a god. In fact, it's a really stupid thing to say. Who is this fuck-monkey anyway, and why are his twats relevant?
Well whether you like it or not that's pretty much how the world currently works for majority of people. They tend to follow whatever narrative person with perceived authority tends to say, cause you know verifying stuff yourself is like work and such. In any case i'm just glad that they forked off, and now it's like watching a train wreck from the side. Regardless, whichever side looses would probably start dumping bcash first, which would kinda make them a winner as they'll at least be able to recoup some of their losses. |
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Nope. We don't trust, remember? We verify. The irony is that CSW becoming Satoshi would get more people to verify and not to trust Satoshi vs if say Pope came out as Satoshi then people would definitely just blindly follow. So this is really ingenious, Satoshi proves himself to be a babbling idiot, and then come out as real Satoshi! An ultimate lesson that people shouldn't trust but verify even if it is Satoshi him/her/them/self |
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The modem thing blows my mind because anyone who has been around longer then a decade knows the internet used to be slow as hell. Australia especially, their internet sucks so I dont understand that exactly.
All I guess there that makes sense is he just used university internet and didnt have much interest beyond that like the codec revisions to normal telephone usage. But he is interested in crypto protocols somehow, seems a bit off. How can he be the age he is and not recognise 27mb is a very big file to transmit for the old technology. Thats not even a crypto question, how long has he used computers for
The BTC price is below 50% tracement level for the last peak to trough decline. Lows are the 50 DMA area just beaten. 7500 area would be good resistance and 38% of the larger May to June peak into decline move
And never had a home DSL/cable lines back when speed was crap? So the guy who doesn't know the difference between bits and bytes convinced the idiot big blockers that big blocks are safe? Everything seems to check out, nothing to see here. On a separate note, i agree with Vitalik's statement. If he somehow pulls a clown out of his ass and proves that he's real Satoshi, instead of thinking how great he is, at this stage, people will just realize how dumb Satoshi was. Which is good in a long run, BTC doesn't need saints In Math We Trust! not In Satoshi We Trust |
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Quoting the roaches racists shit is a "ignorable" offense, FYI. Using the left's weaponized language isn't much better. Hah!, I don't even know what that is! ADDED: Is that like the dark state or something? I just don't read all that Q shit. "hate speech"... it's a phrase cooked up by alinskyites to delegitimize and deplatform their political opponents without actually addressing the content of their message. It's like saying "conspiracy theorist" or "denier" instead of skeptic. It's politically weaponized language. I don't know if roaches claim is true or not, but if it is true than there certainly isn't anything wrong with speaking truth. Except for being off topic of course. So if you really wanted to attack it than you should attack it on the grounds of being either untrue, unimportant even if it were true, or off topic. Not on the grounds that it's "hate speech" which is basically saying "shouldn't be allowed because it makes me feel neggies" (coining that word right now, means like feeling negative emotions, but in a sarcastic making fun of snowflakes kinda way). I'm not defending roach here. Just things like "hate speech" or "conspiracy theorist" are almost as annoying as euphemisms like "people of color" or "undocumented immigrant". Grinds my gears you know. Anyway I don't want to go down a rabbit hole here in this thread so we should go elsewhere if anyone wants to pursue it further. Some people are just beyond help and shouldn't be engaged. Flat earthers, scientologists, and roach are just going for publicity or trying to brainwash people. Engaging them just makes them feel more righteous and legitimizes them. Sort of like if i wanted to start spreading a belief that everyone who doesn't agree with me is a zombie controlled by squirrels that live deep deep underground. And don't you dare call it a conspiracy! |
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Quoting the roaches racists shit is a "ignorable" offense, FYI. Using the lefts weaponized language isn't much better. Only i'm pretty sure it is exponentially better. |
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